RBS 2011 Annual Report Download - page 219

RBS Group 2011 217
Spain
Credit default protection (reference entity)
HFT
debt securities Notional Fair value
Lending REIL Provisions
AFS and
LAR debt
securities
AFS
reserves Long Short
Total debt
securities
Derivatives
(gross of
collateral)
and repos
Balance
sheet
exposures
Bought Sold Bought Sold
2011 £m £m £m £m £m £m £m £m £m £m £m £m £m £m
Central and
local government 9 — — 33 (15) 360 751 (358) 35 (314) 5,151 5,155 538 (522)
Central banks 3 — — — — — — — — 3 — — — —
Other banks 206 — — 4,892 (867) 162 214 4,840 1,622 6,668 1,965 1,937 154 (152)
Other financial
institutions 154 — — 1,580 (639) 65 8 1,637 282 2,073 2,417 2,204 157 (128)
Corporate 5,775 1,190 442 9 — 27 — 36 454 6,265 4,831 3,959 448 (399)
Personal 362 — — — — — — — — 362 — — — —
6,509 1,190 442 6,514 (1,521) 614 973 6,155 2,393 15,057 14,364 13,255 1,297 (1,201)
2010
Central and local
government 19 — — 88 (7) 1,172 1,248 12 53 84 3,820 3,923 436 (435)
Central banks 5 — — — — — — — — 5 — — — —
Other banks 166 — — 5,264 (834) 147 118 5,293 1,482 6,941 2,087 2,159 133 (135)
Other financial
institutions 92 — — 1,724 (474) 34 7 1,751 22 1,865 1,648 1,388 72 (45)
Corporate 6,991 1,871 572 9 38 50 8 51 490 7,532 5,192 4,224 231 (168)
Personal 407 1 — — — — — — — 407 — — — —
7,680 1,872 572 7,085 (1,277) 1,403 1,381 7,107 2,047 16,834 12,747 11,694 872 (783)
CDS bought protection: counterparty analysis by internal asset quality band
AQ1 AQ2-AQ3 AQ4-AQ9 AQ10 Total
Notional Fair value Notional Fair value Notional Fair value Notional Fair value Notional Fair value
2011 £m £m £m £m £m £m £m £m £m £m
Banks 6,595 499 68 5 32 4 — — 6,695 508
Other financial institutions 7,238 736 162 3 269 50 — — 7,669 789
Total 13,833 1,235 230 8 301 54 — — 14,364 1,297