RBS 2012 Annual Report Download - page 353

Financial
Statements
Contents
Independent auditor’s report 352
Consolidated income statement 353
Consolidated statement of comprehensive income 354
Consolidated balance sheet 355
Consolidated statement of changes in equity 356
Consolidated cash flow statement 359
Accounting policies 360
Notes on the consolidated accounts 373
1 Net interest income 373
2 Non-interest income 374
3 Operating expenses 375
4 Pensions 380
5 Auditor’s remuneration 385
6 Tax 386
7 Profit attributable to preference shareholders
and paid-in equity holders 387
8 Ordinary dividends 387
9 Earnings per ordinary and B share 387
10 Financial instruments – classification 388
11 Financial instruments – valuation 393
12 Financial instruments – maturity analysis 412
13 Financial assets – impairments 415
14 Derivatives 417
15 Debt securities 419
16 Equity shares 420
17 Intangible assets 421
18 Property, plant and equipment 424
19 Prepayments, accrued income and other assets 426
20 Discontinued operations and assets and liabilities
of disposal groups 427
21 Short positions 429
22 Accruals, deferred income and other liabilities 430
23 Deferred tax 432
24 Subordinated liabilities 434
25 Non-controlling interests 440
26 Share capital 441
27 Other equity 444
28 Leases 445
29 Securitisations, asset transfers and other collateral given 447
30 Special purpose entities 449
31 Capital resources 451
32 Memorandum items 453
33 Net cash (outflow)/inflow from operating activities 462
34 Analysis of the net investment in business interests
and intangible assets 462
35 Interest received and paid 463
36 Analysis of changes in financing during the year 463
37 Analysis of cash and cash equivalents 463
38 Segmental analysis 464
39 Directors’ and key management remuneration 472
40 Transactions with directors and key management 472
41 Related parties 473
42 Post balance sheet events 474
Parent company financial statements and notes 475
351