RBS 2012 Annual Report Download - page 278

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Business review Risk and balance sheet management continued
Country risk: Country risk exposure continued
France
HFT
debt securities Net Gross
Lending REIL Provisions
AFS and
LAR debt
securities
AFS
reserves Long Short
Total debt
securities Derivatives Repos
Balance
sheet
Off-
balance
sheet Total Derivatives Repos
2012 £m £m £m £m £m £m £m £m £m £m £m £m £m £m £m
Government 494 — — 537 (41)5,186 2,064 3,659 257 — 4,410 3 4,413 270 —
Central bank 9 — — — — — — — — — 9 — 9 — —
Other banks 2,498 — — 730 5 184 27 887 5,608 58 9,051 591 9,642 41,782 11,581
Other FI 124 — — 757 (4) 252 51 958 833 392 2,307 1,106 3,413 1,721 2,743
Corporate 2,426 116 71 218 16 116 15 319 724 — 3,469 7,685 11,154 1,147 —
Personal 71 — — — — — — — — — 71 75 146 — —
5,622 116 71 2,242 (24) 5,738 2,157 5,823 7,422 450 19,317 9,460 28,777 44,920 14,324
2011
Government 481 — — 2,648 (14) 8,705 5,669 5,684 357 — 6,522 911 7,433 372 —
Central bank 3 — — 20 — — — 20 — — 23 — 23 — —
Other banks 1,273 — — 889 (17) 157 75 971 7,009 262 9,515 474 9,989 42,922 17,689
Other FI 282 — — 642 (40)325 126 841 592 83 1,798 928 2,726 1,763 4,541
Corporate 3,761 128 74 240 9 72 34 278 743 — 4,782 7,829 12,611 1,148 —
Personal 79 — — — — — — — — — 79 75 154 — —
5,879 128 74
4,439 (62) 9,259 5,904 7,794 8,701 345 22,719 10,217 32,936 46,205 22,230
2010
Government 511 — — 5,912 40 10,266 3,968 12,210 362 — 13,083 15 13,098 399 —
Central bank 3 — — — — — — — — 15 18 — 18 — 727
Other banks 1,095 — — 774 — 410 204 980 6,554 629 9,258 954 10,212 35,028 16,002
Other FI 470 — — 666 (22)42 23 685 361 14 1,530 1,310 2,840 740 1,255
Corporate 4,376 230 46 71 1 185 90 166 672 — 5,214 9,285 14,499 1,074 —
Personal 102 — — — — — — — — — 102 76 178 — —
6,557 230 46
7,423 19 10,903 4,285 14,041 7,949 658 29,205 11,640 40,845 37,241 17,984
CDS by reference entity
2012 2011 2010
Notional Fair value Notional Fair value Notional Fair value
Bought Sold Bought Sold Bought Sold Bought Sold Bought Sold Bought Sold
£m £m £m £m £m £m £m £m £m £m £m £m
Government 4,989 4,095 76 (66) 3,467 2,901 228 (195) 2,225 2,287 87 (92)
Other banks 3,443 3,337 23 (5) 4,232 3,995 282 (236) 3,631 3,071 63 (43)
Other FI 1,789 1,374 (8) 9 2,590 2,053 136 (117) 1,722 1,609 — (2)
Corporate 11,435 10,618 (106) 112 23,224 21,589 609 (578) 19,771 18,466 (181)159
21,656 19,424 (15) 50 33,513 30,538 1,255 (1,126) 27,349 25,433 (31)22
CDS bought protection: counterparty analysis by internal asset quality band
AQ1 AQ2-AQ3 AQ4-AQ9 AQ10 Total
Notional Fair value Notional Fair value Notional Fair value Notional Fair value Notional Fair value
2012 £m £m £m £m £m £m £m £m £m £m
Banks 1,779 14 7,102 (15) 921 6 — — 9,802 5
Other FI 5,995 (12) 4,798 (5) 1,061 (3) — — 11,854 (20)
7,774 2 11,900 (20)1,982 3 — — 21,656 (15)
2011
Banks 13,353 453 162 13 79 8 — — 13,594 474
Other FI 19,641 758 24 1 254 22 — — 19,919 781
32,994 1,211 186 14 333 30 — — 33,513 1,255