RBS 2011 Annual Report Download - page 206

204 RBS Group 2011
Risk management: Credit risk continued
Balance sheet analysis: REIL, provisions and reserves continued
Movement in loan impairment provisions
The movement in impairment provisions by division is shown in the table below.
UK
Retail
UK
Corporate Wealth GTS (1)
Ulster
Bank
US
R&C (2)
Total
R&C (2) GBM (3)
Total
Core Non-Core RFS MI Group
2011 £m £m £m £m £m £m £m £m £m £m £m £m
At 1 January 2,741 1,732 66 147 1,633 505 6,824 1,042 7,866 10,316 — 18,182
Intra-group transfers — 177 — — — — 177 — 177 (177) — —
Transfers to disposal
groups (335) (436) — (2) — — (773) — (773) — — (773)
Currency translation
and other adjustments — 25 3 2 (79) (6) (55) (21) (76) (207) — (283)
Disposal of subsidiaries — — — — — — — — — — 8 8
Amounts written-off (823) (653) (11) (79) (124) (371) (2,061) (76) (2,137) (2,390) — (4,527)
Recoveries of amounts
previously written-off 68 17 — — 1 76 162 5 167 360 — 527
Charged to income
statement
-continuing operations 788 782 25 166 1,384 247 3,392 11 3,403 3,838 — 7,241
- discontinued operations — — — — — — — — — — (8) (8)
Unwind of discount (4) (96) (36) (2) — (66) — (200) (13) (213) (271) — (484)
At 31 December 2,343 1,608 81 234 2,749 451 7,466 948 8,414 11,469 — 19,883
Individually assessed
- banks — — 2 7 — — 9 113 122 1 — 123
- customers — 679 70 193 991 73 2,006 668 2,674 9,960 — 12,634
Collectively assessed 2,157 662 — 17 1,282 161 4,279 — 4,279 861 — 5,140
Latent 186 267 9 17 476 217 1,172 167 1,339 647 — 1,986
2,343 1,608 81 234 2,749 451 7,466 948 8,414 11,469 — 19,883
2010
At 1 January 2,677 1,271 55 189 962 478 5,632 1,289 6,921 8,252 2,110 17,283
Intra-group transfers — — — — (351) — (351) (217) (568) 568 — —
Transfers to disposal
groups — — — — — — — — — (72) — (72)
Currency translation
and other adjustments —71 4 (2) (22) 19 70 (86) (16) 59 — 43
Disposal of subsidiaries — — — — — — — — — (20) (2,152) (2,172)
Amounts written-off (1,135) (349) (9) (49) (48) (547) (2,137) (87) (2,224) (3,818) — (6,042)
Recoveries of amounts
previously written-off 128 8 — 1 1 72 210 3 213 198 — 411
Charged to income
statement
-continuing operations 1,160 761 18 8 1,161 483 3,591 146 3,737 5,407 — 9,144
- discontinued operations — — — — — — — — — — 42 42
Unwind of discount (4) (89) (30) (2) — (70) — (191) (6) (197) (258) — (455)
At 31 December 2,741 1,732 66 147 1,633 505 6,824 1,042 7,866 10,316 — 18,182
Individually assessed
-banks — — 2 7 — — 9 117 126 1 — 127
- customers —546 57 111 502 56 1,272 676 1,948 8,161 — 10,109
Collectively assessed 2,526 689 — 14 733 177 4,139 — 4,139 1,157 — 5,296
Latent 215 497 7 15 398 272 1,404 249 1,653 997 — 2,650
2,741 1,732 66 147 1,633 505 6,824 1,042 7,866 10,316 — 18,182
For the notes relating to this table refer to page 205.
Business review Risk and balance sheet management continued