RBS 2010 Annual Report Download - page 334

16 Debt securities
Group
UK
central
and local
government
US
central
and local
government
Other
central
and local
government
Banks and
building
societies
Asset
backed
securities (1) Corporate Other (2) Total
2010 £m £m £m £m £m £m £m £m
Held-for-trading 5,097 15,956 43,224 5,778 21,988 6,590 236 98,869
Designated as at fair value 1 — 262 3 119 16 1 402
Available-for-sale 8,377 17,890 33,122 7,198 42,515 2,011 17 111,130
Loans and receivables 11 — — 15 6,203 848 2 7,079
13,486 33,846 76,608 12,994 70,825 9,465 256 217,480
Available-for-sale
Gross unrealised gains 349 341 700 60 1,057 87 1 2,595
Gross unrealised losses (10) (1) (618) (32) (3,396) (37) (3) (4,097)
2009
Held-for-trading 8,128 10,427 50,219 6,103 28,820 6,892 893 111,482
Designated as at fair value 122 3 402 483 394 1,178 21 2,603
Available-for-sale 19,071 12,972 45,512 11,210 51,044 3,365 124 143,298
Loans and receivables 1 — — — 7,924 1,853 93 9,871
27,322 23,402 96,133 17,796 88,182 13,288 1,131 267,254
Available-for-sale
Gross unrealised gains 109 213 1,062 148 783 90 7 2,412
Gross unrealised losses (60) (89) (266) (119) (3,314) (56) (6) (3,910)
2008
Held-for-trading 5,372 9,859 37,519 11,021 39,879 11,057 1,573 116,280
Designated as at fair value 2,085 510 472 89 236 1,580 456 5,428
Available-for-sale 11,330 6,152 32,480 13,139 62,067 5,400 2,288 132,856
Loans and receivables — — — 114 8,961 3,749 161 12,985
18,787 16,521 70,471 24,363 111,143 21,786 4,478 267,549
Available-for-sale
Gross unrealised gains 41 41 1,104 1,372 1,238 332 266 4,394
Gross unrealised losses —(166) (3,457) (168) (3,533) (426) (80) (7,830)
Notes:
(1) Includes securities issued by US federal agencies and government sponsored entities, and covered bonds.
(2) Includes securities, other than asset-backed securities, issued by US federal agencies and government sponsored entities.
(3) During 2009, the Group reclassified debt securities 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).
Gross gains of £635 million (2009 - £1,155 million; 2008 - £880 million) and gross losses of £159 million (2009 - £1,255 million; 2008 - £838 million)
were realised on the sale of available-for-sale securities.
The company holds debt securities issued by a Group undertaking of £1,454 million (2009 - £1,286 million; 2008 - nil) classified as loans and
receivables.
RBS Group 2010332
Notes on the accounts continued