RBS 2011 Annual Report Download - page 417

RBS Group 2011 415
Assets and liabilities held for sale included in the divisional segments above:
2011 2010 2009
Assets
£m
Liabilities
£m
Assets
£m
Liabilities
£m
Assets
£m
Liabilities
£m
UK Retail 7,048 8,808 — — — —
UK Corporate 11,661 12,977 — — — —
Global Transaction Services 66 — 251 549 — —
Global Banking & Markets 431 117 19 — 9 —
Centre 136 2 — — — —
Non-Core 5,670 1,779 11,639 8,404 18,532 18,886
RFS Holdings minority interest 438 312 575 475 1 4
25,450 23,995 12,484 9,428 18,542 18,890
Segmental analysis of goodwill is as follows:
UK
Retail
UK
Corporate Wealth
Global
Transaction
Services
US Retail &
Commercial
Global
Banking &
Markets
RBS
Insurance Non-Core
RFS
Holdings
minority
interest Total
£m £m £m £m £m £m £m £m £m £m
At 1 January 2009 2,803 2,695 800 3,067 3,023 38 1,029 597 1,510 15,562
Transfers to disposal groups — — — — — — — (238) — (238)
Currency translation and
other adjustments — — (12) (233) (302) (1) (8) (34) (107) (697)
Write-down of goodwill — — — — — — (66) (297) — (363)
At 1 January 2010 2,803 2,695 788 2,834 2,721 37 955 28 1,403 14,264
Currency translation and
other adjustments — — 25 24 122 4 — 1 (40) 136
Disposals (4) — — (481) — — — (14) (1,363) (1,862)
Write-down of goodwill — — (1) — — — (9) — — (10)
At 1 January 2011 2,799 2,695 812 2,377 2,843 41 946 15 — 12,528
Transfers to disposal groups — — — — — — — (15) — (15)
Currency translation and
other adjustments — — — (24) 9 — (1) — — (16)
Acquisitions — — — — — 18 — — — 18
Write-down of goodwill (20) (60) — — — — (11) — — (91)
At 31 December 2011 2,779 2,635 812 2,353 2,852 59 934 — — 12,424
(b) Geographical segments
The geographical analysis in the tables below has been compiled on the basis of location of office where the transactions are recorded.
2011
UK
£m
USA
£m
Europe
£m
Rest of the
World
£m
Total
£m
Total revenue 22,749 7,271 5,582 3,796 39,398
Net interest income 8,711 2,430 994 544 12,679
Net fees and commissions 2,925 1,365 215 419 4,924
Income from trading activities 661 1,318 508 214 2,701
Other operating income/(loss) 3,097 219 1,079 (18) 4,377
Insurance premium income (net of reinsurers' share) 3,894 — 362 — 4,256
Total income 19,288 5,332 3,158 1,159 28,937
Operating profit/(loss) before tax 1,292 1,794 (3,414) (438) (766)
Total assets 1,007,096 359,592 66,239 73,940 1,506,867
Of which total assets held for sale 19,343 53 6,011 43 25,450
Total liabilities 936,477 341,631 82,059 70,647 1,430,814
Of which total liabilities held for sale 21,903 104 1,988 — 23,995
Net assets attributable to equity owners and non-controlling interests 70,619 17,961 (15,820) 3,293 76,053
Contingent liabilities and commitments 118,702 95,703 51,465 12,949 278,819
Cost to acquire property, plant and equipment and intangible assets 2,522 500 1,484 58 4,564