RBS 2012 Annual Report Download - page 482
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3 Financial instruments - classification
The following table shows the company's financial assets and financial liabilities in accordance with the categories of financial instruments in IAS 39.
Assets and liabilities outside the scope of IAS 39 are shown separately.
2012 2011 2010
£m £m£m
Assets
Loans and advances to banks (1)
- loans and receivables 24,066 18,368 19,535
Loans and advances to customers (1)
- loans and receivables 1,266 4,056 6,689
Debt securities (1)
- loans and receivables 1,522 1,568 1,454
Investment in Group undertakings 54,995 53,87149,125
Derivatives (1)
held-for-trading 220 1,2231,223
hedging 291 279 252
511 1,502 1,475
Prepayments, accrued income and other assets
- non-financial assets 20 2530
82,380 79,39078,308
Liabilities
Deposits by banks (2)
- amortised cost 1,455 1,091—
Customer accounts (2)
- amortised cost 838 977 1,029
Debt securities in issue
- amortised cost 9,310 8,373 8,742
Derivatives held-for-trading (2) 7 79 231
Accruals, deferred income and other liabilities - non-financial liabilities 491 7041,034
Subordinated liabilities - amortised cost 11,305 8,777 8,048
23,406 20,001 19,084
Owners’ equity 58,974 59,389 59,224
82,380 79,39078,308
Notes:
(1) Due from subsidiaries.
(2) Due to subsidiaries.
4 Financial instruments - valuation
Fair value of financial instruments not carried at fair value
The following table shows the carrying value and fair value of financial instruments carried at amortised cost on the balance sheet.
2012 2011 2010
Carrying value
£bn
Fair value
£bn Carrying value
£bn
Fair value
£bn
Carrying value
£bn
Fair value
£bn
Assets
Loans and advances to banks 24.1 24.8 18.4 18.4 19.5 19.5
Loans and advances to customers 1.3 1.3 4.1 4.1 6.7 6.7
Debt securities 1.5 2.0 1.6 1.5 1.5 1.8
Liabilities
Deposits by banks 1.5 1.5 1.1 1.1 —
—
Customer accounts 0.8 0.8 1.0 1.0 1.0 1.0
Debt securities in issue 9.3 9.0 8.4 7.9 8.7 8.8
Subordinated liabilities 11.3 10.3 8.8 5.6 8.0 5.8
480
Parent company financial statements and notes continued