RBS 2011 Annual Report Download - page 362

360 RBS Group 2011
11 Financial instruments - valuation continued
Amounts
recorded in the
At
1January
Income
statement (3) SOCI (1)
Transfers
in/(out) of
level 3 Issuances Purchases Settlements Sales
Foreign
exchange
At 31
December
Amounts recorded in the
income statement
relating to instruments
held at year end
2010 £m £m £m £m £m £m £m £m £m £m £m
Assets
FVTPL (2)
Loans and advances 1,059 169 — 10 — 169 (451) (165) 52 843 38
Debt securities 2,782 294 — 1,770 — 1,973 (386) (2,682) 33 3,784 154
Equity shares 711 414 — (26) — 654 — (1,027) (10) 716 54
Derivatives 6,429 (1,561) — 1,728 — 948 (299) (1,534) 26 5,737 (1,556)
10,981 (684) — 3,482 — 3,744 (1,136) (5,408) 101 11,080 (1,310)
AFS
Debt securities 1,325 26 511 2,909 — 306 (458) (274) 34 4,379 10
Equity shares 749 (4) (39) (118) — 22 (2) (343) 14 279 (4)
2,074 22 472 2,791 — 328 (460) (617) 48 4,658 6
13,055 (662) 472 6,273 — 4,072 (1,596) (6,025) 149 15,738 (1,304)
Liabilities
Deposits 103 — — 11 — — (32) — 2 84 —
Debt securities in issue 2,345 336 — (212) 413 — (695) — 16 2,203 309
Short positions 184 (187) — 792 6 — (2) (16) (1) 776 (179)
Derivatives 1,987 (258) — (152) — 318 (175) (27) 47 1,740 (187)
Other financial liabilities 1 — — — — — — — — 1 —
4,620 (109) — 439 419 318 (904) (43) 64 4,804 (57)
Net (losses)/gains (553) 472 (1,247)
Amounts
recorded in the
At
1January
Income
statement (3) SOCI (1)
Transfers
in/(out) of
level 3 Reclassification
Purchases and
issuances
Sales and
settlements
Foreign
exchange
At 31
December
Amounts recorded in
the income statement
relating to instruments
held at year end
2009 £m £m £m £m £m £m £m £m £m £m
Assets
FVTPL (2)
Loans and advances 3,148 130 — 330 (1,537) 22 (898) (136) 1,059 11
Debt securities 3,846 (49) — 104 (157) 378 (1,207) (133) 2,782 (165)
Equity shares 793 (49) — 133 — 22 (151) (37) 711 (48)
Derivatives 10,265 (3,672) — (211) — 1,811 (1,301) (463) 6,429 (1,079)
18,052 (3,640) — 356 (1,694) 2,233 (3,557) (769) 10,981 (1,281)
AFS
Debt securities 3,102 (329) (47) (929) — 128 (491) (109) 1,325 (9)
Equity shares 325 (128) (13) 632 — 53 (75) (45) 749 (51)
3,427 (457) (60) (297) — 181 (566) (154) 2,074 (60)
21,479 (4,097) (60) 59 (1,694) 2,414 (4,123) (923) 13,055 (1,341)
Liabilities
Deposits 290 43 — (217) — 15 (23) (5) 103 —
Debt securities in issue 4,362 57 — (1,682) — 493 (638) (247) 2,345 (41)
Short positions 41 (45) — 188 — 4 (4) — 184 12
Derivatives 4,035 (215) — (978) — 76 (744) (187) 1,987 (244)
Other financial liabilities 257 — — — — — (242) (14) 1 —
8,985 (160) — (2,689) — 588 (1,651) (453) 4,620 (273)
Net losses (3,937) (60) (1,068)
Notes:
(1) Consolidated statement of comprehensive income.
(2) Fair value through profit or loss.
(3) Net losses on HFT instruments of £860 million (2010 - £694 million; 2009 - £3,372 million) and net gains of £143 million (2010 - £141 million gains; 2009 - £565 million losses) were recorded in other
operating income, interest income and impairment losses as appropriate on other instruments.
Notes on the consolidated accounts continued