RBS 2012 Annual Report Download - page 220

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Business review Risk and balance sheet management continued
Balance sheet analysis continued
Equity shares
The table below analyses holdings of equity shares for eurozone countries and other countries with balances more than £100 million by country, issuer
and measurement classification. The HFT portfolios in Markets comprise positions in the Markets Derivative Products Solutions business primarily for
economic hedging of liabilities including debt issuances and equity derivatives. The AFS portfolios include capital stock in the Federal Home Loans
Bank (a government sponsored entity, included in Other financial institutions) and the Federal Reserve Bank together £0.7 billion, that US Retail &
Commercial are required to hold and a number a number of individually small holdings in unlisted companies, mainly acquired through loan
renegotiations in GRG.
2012
HFT/DFV (1) AFS
Countries Banks
£m
Other financial
institutions (2)
£m
Corporate
£m
Total
HFT/DFV
£m
Banks
£m
Other financial
institutions
£m
Corporate
£m
Total
AFS
£m
Total
£m
AFS
reserves
£m
HFT short
positions
£m
Ireland — 126 47 173 — 17 — 17 190 — (3)
Spain 18 — 110 128 — — 33 33 161 (41)—
Italy 7 1 33 41 — 5 — 5 46 — (15)
Greece — — 6 6 — — — — 6 — —
Portugal — — 5 5 — — — — 5 — —
Eurozone periphery 25 127 201 353 — 22 33 55 408 (41)(18)
Netherlands 20 197 465 682 — — 156 156 838 (19)(21)
France 10 75 142 227 — 1 104 105 332 23 (10)
Luxembourg 14 196 77 287 — 6 3 9 296 1 (1)
Germany 33 1 106 140— — — — 140 — (54)
Belgium — 23 6 29 — 3 — 3 32 1 (1)
Other 18 3 110 131 — — — — 131 — (14)
Total eurozone 120 622 1,107 1,849 — 32 296 328 2,177 (35)(119)
US 208 619 2,663 3,490307 419 — 726 4,216 7 (132)
UK 372 163 2,648 3,183 35 51 155 241 3,424 73 (35)
Japan 24 67 973 1,064 — 2 — 2 1,066 — (1)
South Korea 32 72 880 984 — — — — 984 — —
China 331 147 357 835 — 14 3 17 852 7 (3)
India 29 68 220 317 — — — — 317 — —
Taiwan 2 31 259 292 — — — — 292 — (11)
Australia 77 45 159 281 — — — — 281 — (17)
Canada 14 25 200 239 — — 2 2 241 2 (277)
Hong Kong 2 81 97 180— — 4 4 184 2 —
Romania 16 4 158 178 — — — — 178 — —
Russia — 123 — 123 — — — — 123 — —
MDB and
supranationals (3) — — 156 156 — — — — 156 — —
Other 74 50 567 691 — 37 18 55 746 28 (16)
Total 1,301 2,117 10,444 13,862 342 555 478 1,375 15,237 84 (611)
For the notes to this table refer to the following page.