RBS 2011 Annual Report Download - page 229

RBS Group 2011 227
Rest of eurozone (1)
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 121 — — 327 (47) 445 331 441 779 1,341 2,281 2,350 54 (47)
Central banks — — — — — — — — 44 44 — — — —
Other banks 28 — — 63 (1) 13 70 6 1,017 1,051 90 87 2 (1)
Other financial
institutions 115 — — 100 (9) 25 2 123 37 275 — — — —
Corporate 1,375 181 55 134 (4) 13 7 140 94 1,609 4,054 3,944 70 (59)
Personal 26 — — — — — — — — 26 — — — —
1,665 181 55 624 (61) 496 410 710 1,971 4,346 6,425 6,381 126 (107)
2010
Central and local
government 124 — — 324 (25) 268 283 309 697 1,130 1,975 2,190 (26) 34
Central banks 1 — — — — — — — 1 2 — — — —
Other banks 142 — — 71 (1) 52 44 79 564 785 148 142 1 —
Other financial
institutions 119 — — 4 — — 5 (1) 29 147 — — — —
Corporate 1,505 238 67 133 (1) 30 15 148 79 1,732 3,254 2,966 (63) 51
Personal 24 — — — — — — — — 24 — — — —
1,915 238 67 532 (27) 350 347 535 1,370 3,820 5,377 5,298 (88) 85
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 2,877 58 50 1 — — — — 2,927 59
Other financial institutions 3,464 67 4 — 30 — — — 3,498 67
Total 6,341 125 54 1 30 — — — 6,425 126
Note:
(1) Comprises Austria, Cyprus, Estonia, Finland, Malta, Slovakia and Slovenia.