RBS 2011 Annual Report Download - page 195

RBS Group 2011 193
Movement in REIL
The table below details the movement in REIL during the year ended 31 December 2011.
Impaired loans Other loans (1) REIL
Core Non-Core Total Core Non-Core Total Core Non-Core Total
£m £m £m £m £m £m £m £m £m
At 1 January 2011 13,511 22,190 35,701 1,696 1,201 2,897 15,207 23,391 38,598
Transfers to disposal groups (1,287) — (1,287) (238) — (238) (1,525) — (1,525)
Intra-group transfers 300 (300) — 149 (149) — 449 (449) —
Currency translation and
other adjustments (158) (496) (654) (14) — (14) (172) (496) (668)
Additions 8,379 8,698 17,077 2,585 1,059 3,644 10,964 9,757 20,721
Transfers 645 381 1,026 (362) (352) (714) 283 29 312
Disposals and restructurings (407) (1,470) (1,877) (9) (97) (106) (416) (1,567) (1,983)
Repayments (3,540) (3,172) (6,712) (2,251) (1,120) (3,371) (5,791) (4,292) (10,083)
Amounts written-off (2,137) (2,390) (4,527) — — — (2,137) (2,390) (4,527)
At 31 December 2011 15,306 23,441 38,747 1,556 542 2,098 16,862 23,983 40,845
Note:
(1) Accruing loans past due 90 days or more (also see table below).
Key points
xREIL increased by £2.2 billion in the year. REIL at 31 December
2011 excludes £1.5 billion (impaired loans £1.3 billion; accruing
loans £0.2 billion) in relation to the UK branch-based businesses
being sold to Santander UK plc, of which £1.0 billion was in UK
Corporate and £0.5 billion in UK Retail.
xUlster Bank Group’s non-performing loans increased significantly by
£3.5 billion (Core - £1.9 billion; Non-Core - £1.6 billion). This
principally related to residential mortgages (£0.6 billion, 39%
increase) and commercial real estate (£2.4 billion, 25% increase),
reflecting the continued deterioration in the property sectors in
Ireland. The Non-Core REIL increase related to Ulster Bank was
partially offset by run off in other Non-Core donating divisions in the
year.
Past due analysis
The table below shows loans and advances to customers that were past due at the balance sheet date but are not considered impaired.
2009
2011 2010 Group before
Core Non-Core Total Core Non-Core Total RFS MI Total
£m £m £m £m £m £m £m £m
Past due 1-29 days 5,518 724 6,242 6,401 822 7,223 6,587 7,796
Past due 30-59 days 1,472 171 1,643 1,725 392 2,117 2,300 2,724
Past due 60-89 days 907 107 1,014 922 271 1,193 2,410 2,587
Past due 90 days or more 1,556 542 2,098 1,696 1,201 2,897 3,178 3,224
9,453 1,544 10,997 10,744 2,686 13,430 14,475 16,331