RBS 2011 Annual Report Download - page 163

RBS Group 2011 161
Balance sheet analysis
All the disclosures in this section (pages 161 to 228) are audited unless otherwise indicated by an asterisk (*).
The following tables provide an analysis of credit concentration of financial assets by sector, geography and internal credit quality gradings. Credit risk
assets analysed on the pages 144 to 149 are reported internally to senior management. However, they exclude certain exposures, primarily securities,
and take account of legal netting agreements, that provide a right of legal set-off but do not meet the criteria for offset in IFRS. The analysis below is
therefore provided to supplement the credit risk assets analysis and to reconcile to the consolidated balance sheet.
Credit concentration: Sector and geographical region
The tables on pages 161 to 170 analyse total financial assets gross of provisions by sector (for Group before RFS MI) and geographical region (for
Group before RFS MI and RFS MI). Geographical regions are based on the location of the lending or issuing office.
The tables below and on pages 162 and 163 analyse total financial assets by sector.
Loans and advances Securities
Reverse
repos Core Non-Core Total Debt Equity Total Derivatives Other (1) Total
Netting
and
offset (2) Net
2011 £m £m £m £m £m £m £m £m £m £m £m £m
Central and local
government 2,247 8,359 1,383 9,742 126,604 328 126,932 5,541 641 145,103 1,098 144,005
Finance - banks 39,345 43,374 619 43,993 16,940 — 16,940 — 79,269 179,547 18,693 160,854
- other (3) 58,478 46,452 3,229 49,681 60,453 5,618 66,071 497,993 7,437 679,660 508,481 171,179
Residential mortgages — 138,509 5,102 143,611 — — — 48 — 143,659 — 143,659
Personal lending — 31,067 1,556 32,623 — — — 52 52 32,727 7 32,720
Property — 38,704 38,064 76,768 573 175 748 4,599 1 82,116 1,274 80,842
Construction — 6,781 2,672 9,453 50 53 103 946 — 10,502 1,139 9,363
Manufacturing 254 23,201 4,931 28,132 664 1,938 2,602 3,786 306 35,080 2,214 32,866
Service industries and
business activities
- retail, wholesale and
repairs — 21,314 2,339 23,653 645 2,652 3,297 1,134 18 28,102 1,671 26,431
- transport and storage 436 16,454 5,477 21,931 539 74 613 3,759 — 26,739 241 26,498
- health, education and
recreation — 13,273 1,419 14,692 310 21 331 885 — 15,908 973 14,935
- hotels and restaurants — 7,143 1,161 8,304 116 5 121 671 — 9,096 184 8,912
- utilities — 6,543 1,849 8,392 1,530 554 2,084 3,708 30 14,214 450 13,764
- other 23 24,228 3,772 28,000 1,655 3,893 5,548 6,300 595 40,466 855 39,611
Agriculture, forestry and
fishing —3,471 129 3,600 25 11 36 121 — 3,757 148 3,609
Finance lease and
instalment credit — 8,440 6,059 14,499 145 2 147 75 — 14,721 16 14,705
Interest accruals 151 675 116 791 1,219 — 1,219 — — 2,161 — 2,161
Total gross of provisions 100,934 437,988 79,877 517,865 211,468 15,324 226,792 529,618 88,349 1,463,558 537,444 926,114
Provisions — (8,414) (11,469) (19,883) (2,388) (141) (2,529) — — (22,412) n/a (22,412)
Group 100,934 429,574 68,408 497,982 209,080 15,183 224,263 529,618 88,349 1,441,146 537,444 903,702
Comprising:
Repurchase agreements 15,246
Derivative balances 478,848
Derivative collateral 31,368
Other 11,982
537,444
For notes relating to this table refer to page 170.