RBS 2011 Annual Report Download - page 439

RBS Group 2011 437
2011 2010 2009 2008 2007
Closing customer provisions as a % of gross loans and advances to customers (3)
Domestic 2.96% 2.86% 2.24% 1.43% 1.01%
Foreign 4.39% 3.44% 2.33% 1.12% 0.62%
Total 3.69% 3.15% 2.30% 1.23% 0.77%
Customer charge to income statement as a % of gross loans and advances to customers (3)
Domestic 1.05% 1.38% 1.81% 0.86% 0.44%
Foreign 1.64% 1.82% 1.95% 0.75% 0.10%
Total 1.35% 1.60% 1.89% 0.79% 0.23%
Notes:
(1) There were no amounts relating to loans and advances to banks (2010 - £13 million release; 2009 - £34 million charge; 2008 - £118 million charge; 2007 - nil).
(2) Includes closing provisions against loans and advances to banks of £123 million (2010 - £127 million; 2009 - £157 million; 2008 - £127 million; 2007 - £3 million).
(3) For the purpose of these ratios, closing customer provisions and customer charge relating to loans and advances to banks are excluded.
The following table shows additional information in respect of loan impairment provisions.
2011
£m
2010
£m
2009
£m
2008
£m
2007
£m
Loan impairment provisions at end of year
Customers 19,760 18,055 17,126 10,889 6,449
Banks 123 127 157 127 3
19,883 18,182 17,283 11,016 6,452
Average loans and advances to customers (gross) 578,057 610,131 821,155 858,333 567,900
As a % of average loans and advances to customers during the year
Total customer provisions charged to income statement 1.3% 1.5% 1.6% 0.7% 0.4%
Amounts written-off (net of recoveries) - customers 0.7% 0.9% 0.8% 0.3% 0.3%
Analysis of closing customer loan impairment provisions
The following table analyses customer loan impairment provisions by geographical area and type of domestic customer.
2011 2010 2009 2008 2007
Closing
provision
%of
loans
to total
loans
Closing
provision
%of
loans
to total
loans
Closing
provision
%of
loans
to total
loans
Closing
provision
%of
loans
to total
loans
Closing
provision
%of
loans
to total
loans
£m % £m % £m % £m % £m %
Domestic
Central and local government — 0.9 —0.7 — 0.4 — 0.3 — 0.4
Manufacturing 135 1.3 100 1.6 153 1.5 127 1.7 93 1.6
Construction 502 0.9 605 1.1 355 1.0 254 1.1 75 1.2
Finance 40 7.3 98 6.8 26 4.9 67 4.8 52 8.4
Service industries and
business activities 1,218 6.6 1,073 8.0 962 7.0 778 6.6 562 6.5
Agriculture, forestry and
fishing 36 0.5 27 0.5 20 0.4 19 0.3 21 0.3
Property 2,657 6.2 2,071 7.3 908 6.6 490 5.9 85 6.0
Residential mortgages 384 18.7 302 17.6 196 12.4 36 9.1 36 8.8
Personal lending 1,919 3.7 2,504 4.1 2,527 3.4 2,235 3.0 2,054 3.4
Finance leases and
instalment credit 366 2.1 435 2.3 341 2.2 194 2.0 132 1.9
Accrued interest — 0.1 —0.1 — 0.1 — 0.3 — 0.3
Total domestic 7,257 48.3 7,215 50.1 5,488 39.9 4,200 35.1 3,110 38.8
Foreign 10,517 51.7 8,190 49.9 8,562 60.1 4,745 64.9 2,289 61.2
Impaired book provisions 17,774 100.0 15,405 100.0 14,050 100.0 8,945 100.0 5,399 100.0
Latent book provisions 1,986 2,650 3,076 1,944 1,050
Total provisions 19,760 18,055 17,126 10,889 6,449