RBS 2011 Annual Report Download - page 99

RBS Group 2011 97
Income statement for the year ended 31 December 2010
Reallocation
of one-off
Managed items Statutory
£m £m £m
Net interest income 14,200 9 14,209
Non-interest income (excluding insurance net premium income) 13,334 (803) 12,531
Insurance net premium income 5,128 — 5,128
Non-interest income 18,462 (803) 17,659
Total income 32,662 (794) 31,868
Operating expenses (16,710) (1,518) (18,228)
Profit before insurance net claims and impairment losses 15,952 (2,312) 13,640
Insurance net claims (4,783) — (4,783)
Operating profit before impairment losses 11,169 (2,312) 8,857
Impairment losses (9,256) — (9,256)
Operating profit/(loss) 1,913 (2,312) (399)
Fair value of own debt 174 (174) —
Asset Protection Scheme (1,550) 1,550 —
Amortisation of purchased intangible assets (369) 369 —
Integration and restructuring costs (1,032) 1,032 —
Gain on redemption of own debt 553 (553) —
Strategic disposals 171 (171) —
Bonus tax (99) 99 —
Write-down of goodwill and other intangible assets (10) 10 —
RFS Holdings minority interest (150) 150 —
Loss before tax (399) — (399)
Tax charge (634) — (634)
Loss from continuing operations (1,033) — (1,033)
Loss from discontinued operations, net of tax (633) — (633)
Loss for the year (1,666) — (1,666)
Non-controlling interests 665 — 665
Preference share and other dividends (124) — (124)
Loss attributable to ordinary and B shareholders (1,125) — (1,125)