RBS 2012 Annual Report Download - page 469

RBS GROUP 2012
467
2010
Net
interest
income
£m
Non-interest
income
£m
Total
income
£m
Operating
expenses and
insurance
claims
£m
Depreciation
and
amortisation
£m
Impairment
losses
£m
Operating
profit/(loss)
£m
UK Retail 4,054 1,422 5,476 (2,967) (1) (1,160) 1,348
UK Corporate 3,000 1,796 4,796 (1,963)(173)(767)1,893
Wealth 588 447 1,035 (723) (11) (18)283
International Banking 1,316 1,961 3,277 (1,875)(5)(86)1,311
Ulster Bank 839 214 1,053 (573) (2) (1,161) (683)
US Retail & Commercial 1,902 1,160 3,062 (2,095)(99)(519)349
Markets 581 5,652 6,233 (3,328)(116)(65)2,724
Direct Line Group (1) 381 4,135 4,516 (4,788)(23)— (295)
Central items 66 326 392 1,094 (852) (4)630
Core 12,727 17,113 29,840 (17,218)(1,282) (3,780) 7,560
Non-Core 1,473 1,281 2,754 (2,513)(480) (5,476)(5,715)
Managed basis 14,200 18,394 32,594 (19,731) (1,762) (9,256)1,845
Reconciling items
Own credit adjustments — 242 242 — — — 242
Asset Protection Scheme — (1,550) (1,550) — — — (1,550)
Amortisation of purchased intangible assets — — — — (369)— (369)
Integration and restructuring costs — — — (1,012) (20) — (1,032)
Gain on redemption of own debt — 553 553 — — — 553
Strategic disposals — 171 171 — — — 171
Bonus tax — — — (99)— — (99)
Write-down of goodwill and other intangible assets — — — (10) — — (10)
RFS Holdings minority interest 9 (151) (142) (9)1 — (150)
Statutory basis including the results of Direct Line Group
discontinued operations 14,209 17,659 31,868 (20,861) (2,150) (9,256)(399)
Direct Line Group discontinued operations (1) (427)(4,819)(5,246)5,445 25 21 245
Statutory basis 13,782 12,840 26,622 (15,416)(2,125)(9,235)(154)
Note:
(1) Included within Direct Line Group discontinued operations are the managed basis divisional results of Direct Line Group (DLG), certain DLG related activities in Central items and Non-Core; and
related one-off and other items including integration and restructuring costs and strategic disposals. Refer to Note 20 for further information.