RBS 2012 Annual Report Download - page 131

RBS GROUP 2012
129
Capital ratios*
The Group’s capital, RWAs and risk asset ratios, calculated in accordance with FSA definitions, are set out below.
Capital 2012
£bn
2011
£bn
2010
£bn
Core Tier 1 47.3 46.3 49.6
Core Tier 1 (excluding Asset Protection Scheme (APS)) 47.3 49.1 53.8
Tier 1 57.1 57.0 60.1
Total 66.8 60.7 65.3
2012 2011 2010
Risk-weighted assets by risk £bn £bn £bn
Credit risk
- non-counterparty 323.2 344.3 385.9
- counterparty 48.0 61.9 68.1
Market risk 42.6 64.0 80.0
Operational risk 45.8 37.9 37.1
459.6 508.1 571.1
APS relief — (69.1)(105.6)
459.6 439.0 465.5
Risk asset ratios % % %
Core Tier 1 10.3 10.6 10.7
Core Tier 1 (excluding APS) 10.3 9.7 9.5
Tier 1 12.4 13.0 12.9
Total 14.5 13.8 14.0
Key point
x The Core Tier 1 ratio, excluding relief provided by APS, has improved to 10.3% at 31 December 2012 driven by continued run-down and disposal
of Non-Core assets and the reshaping of the balance sheet and capital usage in Markets.
Refer to page 135 for details on regulatory changes due to Basel III and Capital Requirement Directive IV and commentary on related projections for the
Group.
Pillar 3*
The Group publishes its Pillar 3 disclosures on its website, providing a range of additional information relating to Basel II and risk and capital
management across the Group. The disclosures focus on capital resources and adequacy and discuss a range of credit risk measures and
management methods (such as credit risk mitigation, counterparty credit risk and provisions) and their associated RWAs under the various Basel II
approaches. Detailed disclosures are also made on equity exposures, securitisations, operational risk, market risk and interest rate risk in the banking
book.
*unaudited