RBS 2010 Annual Report Download - page 305

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Amounts included in the consolidated income statement:
Group
2010
£m
2009
£m
2008
£m
Gains/(losses) on financial assets/liabilities designated as at fair value through profit or loss 279 1,441 (901)
Gains/(losses) on disposal or settlement of loans and receivables 267 (573) 4
Notes:
(1) Includes items in the course of collection from other banks of £1,958 million (2009 - £2,533 million; 2008 - £2,888 million).
(2) The change in fair value of loans and advances to customers designated as at fair value through profit or loss attributable to changes in credit risk was £20 million charge for the year and
cumulatively a credit of £82 million (2009 - release £157 million; cumulative £140 million credit; 2008 - £328 million charge; cumulative £440 million credit).
(3) Includes items in the course of transmission to other banks of £577 million (2009 - £770 million; 2008 - £542 million).
(4) The carrying amount of other customer accounts designated as at fair value through profit or loss is £233 million lower (2009 - £101 million lower; 2008 - £47 million lower) than the principal amount.
No amounts have been recognised in profit or loss for changes in credit risk associated with these liabilities as the changes are immaterial, measured as the change in fair value from movements in
the period in the credit risk premium payable. The amounts include investment contracts with a carrying value of £41 million (2009 - £5,170 million; 2008 - £5,364 million).
(5) Comprises bonds and medium term notes of £154,282 million (2009 - £164,900 million; 2008 - £156,841 million) and certificates of deposit and other commercial paper of £64,090 million (2009 -
£102,668 million; 2008 - £143,448 million).
(6) The carrying amount is £751 million (2009 - £810 million; 2008 - £1,145 million) lower than the principal amount.
(7) During 2009, the Group reclassified financial assets from the held-for-trading category into the loans and receivables category and in 2008 from the held-for-trading and available-for-sale categories
into the loans and receivables category and from the held-for-trading category into the available-for-sale category (see pages 306 to 309).
303RBS Group 2010
Financial statements