RBS 2010 Annual Report Download - page 74

Integration costs
2010 2009 2008
£m £m £m
Staff costs 210 365 503
Premises and equipment 378 25
Other administrative expenses 143 398 486
Depreciation and amortisation 20 18 36
376 859 1,050
2010 compared with 2009
Integration costs were £376 million compared with £859 million in 2009.
The fall in integration costs primarily relates to RBS N.V. (formerly ABN
AMRO), as they migrate onto RBS systems.
2009 compared with 2008
Integration costs in 2009 were £859 million compared with £1,050 million
in 2008. Integration costs decreased primarily due to lower RBS N.V.
(formerly ABN AMRO) integration activity during the year.
Accruals in relation to integration costs are set out below.
At
31 December
Charge
to income
Utilised
during
At
31 December
2009 statement the year 2010
£m £m £m £m
Staff costs - redundancy —55 (55) —
Staff costs - other —155 (155) —
Premises and equipment 40 3 (19) 24
Other 1163 (164) —
41 376 (393) 24
Restructuring costs
2010 2009 2008
£m £m £m
Staff costs 353 328 251
Premises and equipment 117 48 15
Other administrative expenses 104 51 41
574 427 307
2010 compared with 2009
Restructuring costs were £574 million compared with £427 million in
2009. The increase is a result of the number of restructuring projects
being undertaken.
2009 compared with 2008
Restructuring costs were £427 million compared with £307 million in
2008. The number of restructuring projects increased during the year, as
aresult of ongoing strategic review being undertaken by the Group.
Accruals in relation to restructuring costs are set out below.
At Charge Utilised At
31 December to income during 31 December
2009 statement the year 2010
£m £m £m £m
Staff costs - redundancy 255 255 (309) 201
Staff costs - other 498 (85) 17
Premises and equipment 37 117 (37) 117
Other 35 104 (93) 46
331 574 (524) 381
RBS Group 201072
Business review continued