RBS 2011 Annual Report Download - page 311

RBS Group 2011 309
Note
2011
£m
2010
£m
2009
£m
Assets
Cash and balances at central banks 10 79,269 57,014 52,261
Loans and advances to banks 10 83,310 100,518 91,753
Loans and advances to customers 10 515,606 555,260 728,393
Debt securities subject to repurchase agreements 30 79,480 80,104 66,883
Other debt securities 129,600 137,376 200,371
Debt securities 15 209,080 217,480 267,254
Equity shares 16 15,183 22,198 19,528
Settlement balances 7,771 11,605 12,033
Derivatives 14 529,618 427,077 441,454
Intangible assets 17 14,858 14,448 17,847
Property, plant and equipment 18 11,868 16,543 19,397
Deferred tax 23 3,878 6,373 7,039
Prepayments, accrued income and other assets 19 10,976 12,576 20,985
Assets of disposal groups 20 25,450 12,484 18,542
Total assets 1,506,867 1,453,576 1,696,486
Liabilities
Deposits by banks 10 108,804 98,790 142,144
Customer accounts 10 502,955 510,693 614,202
Debt securities in issue 10 162,621 218,372 267,568
Settlement balances 7,477 10,991 10,413
Short positions 21 41,039 43,118 40,463
Derivatives 14 523,983 423,967 424,141
Accruals, deferred income and other liabilities 22 23,125 23,089 30,327
Retirement benefit liabilities 42,239 2,288 2,963
Deferred tax 23 1,945 2,142 2,811
Insurance liabilities 24 6,312 6,794 10,281
Subordinated liabilities 25 26,319 27,053 37,652
Liabilities of disposal groups 20 23,995 9,428 18,890
Total liabilities 1,430,814 1,376,725 1,601,855
Non-controlling interests 26 1,234 1,719 16,895
Owners’ equity 27,28 74,819 75,132 77,736
Total equity 76,053 76,851 94,631
Total liabilities and equity 1,506,867 1,453,576 1,696,486
The accompanying notes on pages 327 to 419, the accounting policies on pages 314 to 325 and the audited sections of the Business review: Risk and
balance sheet management on pages 100 to 249 form an integral part of these financial statements.
The accounts were approved by the Board of directors on 22 February 2012 and signed on its behalf by:
Philip Hampton
Chairman
Stephen Hester
Group Chief Executive
Bruce Van Saun
Group Finance Director
The Royal Bank of Scotland Group plc
Registered No. SC45551
Consolidated balance sheet as at 31 December 2011