RBS 2011 Annual Report Download - page 154

152 RBS Group 2011
Risk management: Credit risk continued
Key credit portfolios*: Commercial real estate continued
UK Corporate Ulster Bank
US Retail
& Commercial
Global Banking
& Markets Total
Maturity profile of portfolio £m £m £m £m £m
2011
Core
< 1 year (1) 8,268 3,030 1,056 142 12,496
1-2 years 5,187 391 638 278 6,494
2-3 years 3,587 117 765 363 4,832
> 3 years 10,871 1,225 1,846 590 14,532
Not classified (2) 2,211 — — — 2,211
Total 30,124 4,763 4,305 1,373 40,565
Non-Core
< 1 year (1) 3,224 11,089 293 7,093 21,699
1-2 years 508 692 163 3,064 4,427
2-3 years 312 177 152 1,738 2,379
> 3 years 1,636 392 321 3,126 5,475
Not classified (2) 297 — — 4 301
Total 5,977 12,350 929 15,025 34,281
2010
Core
< 1 year (1) 7,563 2,719 1,303 890 12,475
1-2 years 5,154 829 766 247 6,996
2-3 years 4,698 541 751 221 6,211
> 3 years 10,361 1,285 1,595 417 13,658
Not classified (2) 2,922 — — — 2,922
Total 30,698 5,374 4,415 1,775 42,262
Non-Core
< 1 year (1) 4,829 10,809 501 3,887 20,026
1-2 years 1,727 983 109 6,178 8,997
2-3 years 831 128 218 3,967 5,144
> 3 years 2,904 694 567 6,253 10,418
Not classified (2) 563 — — — 563
Total 10,854 12,614 1,395 20,285 45,148
Notes:
(1) Includes on demand and past due assets.
(2) Predominantly comprises multi-option facilities for which there is no single maturity date.
Key point
xThe majority of Ulster Bank Group’s commercial real estate portfolio is categorised as < 1 year, including on demand assets, owing to the high
level of non-performing assets in the portfolio. Ulster Bank places most restructured facilities on demand rather than extending the maturity date.
*unaudited
Business review Risk and balance sheet management continued