RBS 2011 Annual Report Download - page 415

RBS Group 2011 413
2009
Net
interest
income
£m
Non-interest
income
£m
Total
income
£m
Operating
expenses and
insurance
claims
£m
Depreciation
and
amortisation
£m
Impairment
losses
£m
Operating
profit/(loss)
£m
UK Retail 3,452 1,635 5,087 (3,176) (3) (1,679) 229
UK Corporate 2,292 1,290 3,582 (1,376) (154) (927) 1,125
Wealth 663 446 1,109 (645) (11) (33) 420
Global Transaction Services 912 1,575 2,487 (1,462) (13) (39) 973
Ulster Bank 780 254 1,034 (748) (5) (649) (368)
US Retail & Commercial 1,775 949 2,724 (2,063) (72) (702) (113)
Global Banking & Markets 2,375 8,683 11,058 (4,518) (142) (640) 5,758
RBS Insurance 383 4,231 4,614 (4,517) (31) (8) 58
Central items (315) 557 242 1,144 (1,000) (1) 385
Core 12,317 19,620 31,937 (17,361) (1,431) (4,678) 8,467
Non-Core 1,250 (3,620) (2,370) (2,524) (442) (9,221) (14,557)
Managed basis 13,567 16,000 29,567 (19,885) (1,873) (13,899) (6,090)
Reconciling items
Fair value of own debt — (142) (142) — — — (142)
Amortisation of purchased intangible assets — — — — (272) — (272)
Integration and restructuring costs — — — (1,268) (18) — (1,286)
Gain on redemption of own debt —3,790 3,790 — — — 3,790
Strategic disposals —132 132 — — — 132
Bonus tax — — — (208) — — (208)
Gains on pensions curtailment — — — 2,148 — — 2,148
Write-down of goodwill and other intangible assets — — — (363) — — (363)
RFS Holdings minority interest (179) (142) (321) (32) (3) — (356)
Statutory basis 13,388 19,638 33,026 (19,608) (2,166) (13,899) (2,647)
2011 2010 2009
Total income External
£m
Inter
segment
£m
Total
£m
External
£m
Inter
segment
£m
Total
£m
External
£m
Inter
segment
£m
Total
£m
UK Retail 5,520 (42) 5,478 5,523 (23) 5,500 5,163 (76) 5,087
UK Corporate 4,368 (508) 3,860 4,345 (450) 3,895 4,422 (840) 3,582
Wealth 565 612 1,177 562 494 1,056 409 700 1,109
Global Transaction Services 2,041 210 2,251 2,428 133 2,561 2,438 49 2,487
Ulster Bank 928 (21) 907 865 110 975 1,003 31 1,034
US Retail & Commercial 2,710 190 2,900 2,672 274 2,946 2,380 344 2,724
Global Banking & Markets 5,970 (29) 5,941 7,817 95 7,912 10,174 884 11,058
RBS Insurance 4,133 (61) 4,072 4,565 (49) 4,516 4,629 (15) 4,614
Central items (935) 920 (15) (489) 826 337 (1,668) 1,910 242
Core 25,300 1,271 26,571 28,288 1,410 29,698 28,950 2,987 31,937
Non-Core 2,477 (1,271) 1,206 4,382 (1,418) 2,964 547 (2,917) (2,370)
Managed basis 27,777 — 27,777 32,670 (8) 32,662 29,497 70 29,567
Reconciling items
Fair value of own debt 1,846 — 1,846 174 — 174 (142) — (142)
Asset Protection Scheme (906) — (906) (1,550) — (1,550) — — —
Integration and restructuring costs (5) — (5) —— — — — —
Gain on redemption of own debt 255 — 255 553 — 553 3,790 — 3,790
Strategic disposals (24) — (24) 171 — 171 132 — 132
RFS Holdings minority interest (6) — (6) (150) 8 (142) (251) (70) (321)
Statutory basis 28,937 — 28,937 31,868 — 31,868 33,026 — 33,026