RBS 2012 Annual Report Download - page 198

196
Business review Risk and balance sheet management continued
Balance sheet analysis: Financial assets continued
Sector and geographic concentration
The following tables provide an analysis of credit concentration of financial assets by sector and geography. Geographical regions are based on the
location of the lending or issuer.
Lending Securities
Reverse
repos Core Non-Core Total Debt Equity Derivatives Other
Balance
sheet value
Non-IFRS
offset (1)
Exposure
post offset
2012 £m £m £m £m £m £m £m £m £m £m £m
Government (2) 441 8,485 1,368 9,853 97,339 — 5,791 591 114,015 (5,151)108,864
Financial institutions - banks (3) 34,783 30,917 477 31,394 11,555 1,643 335,521 79,308 494,204 (341,103) 153,101
- other
(4) 69,256 39,658 2,540 42,198 50,104 2,672 80,817 5,591 250,638 (97,589) 153,049
Personal - mortgages — 146,770 2,855 149,625 — — — — 149,625 — 149,625
- unsecured — 31,247 965 32,212 — — — 4 32,216 — 32,216
Property — 43,602 28,617 72,219 774 318 4,118 — 77,429 (1,333) 76,096
Construction — 6,020 2,029 8,049 17 264 820 — 9,150 (1,687) 7,463
Manufacturing 326 22,234 1,553 23,787 836 1,639 1,759 144 28,491 (3,775) 24,716
Finance leases (5) — 9,201 4,408 13,609 82 1 13 — 13,705 — 13,705
Retail, wholesale and repairs — 20,842 1,094 21,936 4611,807 914 41 25,159 (1,785) 23,374
Transport and storage — 14,590 3,751 18,341 659 382 3,397 2 22,781 (3,240) 19,541
Health, education and leisure — 15,770 935 16,705 314 554 904 59 18,536 (964) 17,572
Hotels and restaurants — 6,891 986 7,877 144 51 493 11 8,576 (348) 8,228
Utilities — 5,131 1,500 6,631 1,311 638 3,170 50 11,800 (2,766) 9,034
Other 24 26,315 3,742 30,057 1,886 5,380 4,201 172 41,720 (2,403) 39,317
Total gross of provisions 104,830 427,673 56,820 484,493 165,482 15,349 441,918 85,973 1,298,045 (462,144) 835,901
Provisions — (10,062) (11,200) (21,262) (858) (112) — — (22,232) n/a (22,232)
Total 104,830 417,611 45,620 463,231 164,624 15,237 441,918 85,973 1,275,813 (462,144) 813,669
2011
Government (2) 2,247 8,359 1,383 9,742 125,543 — 5,541 641 143,714 (1,098) 142,616
Financial institutions - banks (3) 39,345 43,374 706 44,080 16,940 2,218 400,261 79,396 582,240 (407,457) 174,783
- other
(4) 58,478 48,598 3,272 51,870 60,628 2,501 98,255 7,451 279,183 (119,717) 159,466
Personal - mortgages — 144,171 5,102 149,273 — — — — 149,273 — 149,273
- unsecured — 32,868 1,556 34,424 — — — 52 34,476 (7) 34,469
Property — 42,994 38,064 81,058 573 175 4,599 1 86,406 (1,274) 85,132
Construction — 7,197 2,672 9,869 50 53 946 — 10,918 (1,139) 9,779
Manufacturing 254 23,708 4,931 28,639 664 1,938 3,786 306 35,587 (2,214) 33,373
Finance leases (5) — 8,440 6,059 14,499 145 2 75 — 14,721 (16) 14,705
Retail, wholesale and repairs — 22,039 2,339 24,378 645 2,652 1,134 18 28,827 (1,671) 27,156
Transport and storage 436 16,581 5,477 22,058 539 74 3,759 — 26,866 (241) 26,625
Health, education and leisure — 16,073 1,419 17,492 31021 885 — 18,708 (973) 17,735
Hotels and restaurants — 7,709 1,161 8,870 1165 671 — 9,662 (184) 9,478
Utilities — 6,557 1,849 8,406 1,530 554 3,708 30 14,228 (450) 13,778
Other 174 28,769 4,721 33,490 3,785 5,136 6,437 595 49,617 (1,003) 48,614
Total gross of provisions 100,934 457,437 80,711 538,148 211,468 15,329 530,057 88,490 1,484,426 (537,444) 946,982
Provisions — (9,187) (11,487) (20,674) (2,388) (141) — — (23,203) n/a (23,203)
Total 100,934 448,250 69,224 517,474 209,080 15,188 530,057 88,490 1,461,223 (537,444) 923,779
For the notes to these tables refer to page 204.