RBS 2011 Annual Report Download - page 416

414 RBS Group 2011
38 Segmental analysis continued
2011 2010 2009
Total revenue External
£m
Inter
segment
£m
Total
£m
External
£m
Inter
segment
£m
Total
£m
External
£m
Inter
segment
£m
Total
£m
UK Retail 6,804 441 7,245 7,008 401 7,409 7,162 599 7,761
UK Corporate 4,447 112 4,559 4,347 132 4,479 4,563 118 4,681
Wealth 1,026 731 1,757 957 617 1,574 813 820 1,633
Global Transaction Services 1,646 81 1,727 2,850 85 2,935 2,923 60 2,983
Ulster Bank 1,298 104 1,402 1,386 134 1,520 1,604 104 1,708
US Retail & Commercial 3,341 199 3,540 3,660 286 3,946 4,080 378 4,458
Global Banking & Markets 8,058 7,352 15,410 9,999 7,195 17,194 13,805 9,142 22,947
RBS Insurance 4,724 9 4,733 5,072 10 5,082 5,183 21 5,204
Central items 2,932 13,129 16,061 2,856 9,900 12,756 1,955 10,823 12,778
Core 34,276 22,158 56,434 38,135 18,760 56,895 42,088 22,065 64,153
Non-Core 3,959 378 4,337 5,555 1,049 6,604 3,289 1,292 4,581
Managed basis 38,235 22,536 60,771 43,690 19,809 63,499 45,377 23,357 68,734
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 (3) — (3) (141) — (141) (155) — (155)
Eliminations — (22,536) (22,536) —(19,809) (19,809) — (23,357) (23,357)
Statutory basis 39,398 — 39,398 42,897 — 42,897 49,002 — 49,002
2011 2010 2009
Total assets Assets
£m
Liabilities
£m
Cost to
acquire fixed
assets and
intangible
assets
£m
Assets
£m
Liabilities
£m
Cost to
acquire fixed
assets and
intangible
assets
£m
Assets
£m
Liabilities
£m
Cost to
acquire fixed
assets and
intangible
assets
£m
UK Retail 114,469 103,748 — 111,793 97,164 — 110,987 91,760 —
UK Corporate 111,835 103,554 712 114,550 101,738 381 114,854 89,306 598
Wealth 21,718 39,061 65 21,073 37,054 63 17,952 36,273 11
Global Transaction Services 25,937 83,415 18 25,221 78,032 22 18,380 64,684 17
Ulster Bank 34,810 27,782 45 40,081 34,481 101 44,021 40,597 —
US Retail & Commercial 74,502 65,511 271 71,173 66,088 197 75,369 72,407 179
Global Banking & Markets 874,848 847,877 1,553 802,578 774,753 852 826,054 822,830 513
RBS Insurance 12,912 8,077 99 12,555 8,195 50 11,973 7,775 33
Central items 130,306 133,048 960 99,728 140,070 632 82,041 150,734 804
Core 1,401,337 1,412,073 3,723 1,298,752 1,337,575 2,298 1,301,631 1,376,366 2,155
Non-Core 104,726 18,220 841 153,882 38,503 761 220,850 66,152 3,259
1,506,063 1,430,293 4,564 1,452,634 1,376,078 3,059 1,522,481 1,442,518 5,414
Reconciling item
RFS Holdings minority
interest 804 521 —
942 647 76 174,005 159,337 296
1,506,867 1,430,814 4,564 1,453,576 1,376,725 3,135 1,696,486 1,601,855 5,710
Notes on the consolidated accounts continued