RBS 2012 Annual Report Download - page 493

RBS GROUP 2012
491
Loan impairment provisions
For a discussion of the factors considered in determining the amount of provisions, refer to ‘Impairment loss provision methodology’ on page 179 and
‘Critical accounting policies and key sources of estimation uncertainty’ on page 368. The following table shows the movements in loan impairment
provisions.
2012
£m
2011
£m
2010
£m
2009
£m
2008
£m
Provisions at the beginning of the year
Domestic 7,728 8,199 6,670 4,474 3,258
Foreign 12,155 9,983 10,613 6,542 3,194
19,883 18,182 17,283 11,016 6,452
Transfer from/(to) disposal groups
Domestic 764 (773) (25) — —
Foreign — — (47) (324) (767)
764 (773) (72) (324) (767)
Currency translation and other adjustments
Domestic 9 (11) (79) (228) 107
Foreign (319) (272) 122 (302) 1,334
(310) (283) 43 (530) 1,441
Disposals
Domestic — — — — (108)
Foreign (5) 8 (2,172) (65) (70)
(5) 8 (2,172) (65) (178)
Amounts written-off
Domestic (1,882) (2,374) (2,252) (2,895) (1,446)
Foreign (2,384) (2,153) (3,790) (4,044) (1,702)
(4,266) (4,527) (6,042) (6,939) (3,148)
Recoveries of amounts previously written-off
Domestic 163 158 151 175 116
Foreign 178 369 260 224 203
341 527 411 399 319
Charged to income statement - continuing operations (1)
Domestic 2,102 2,749 3,948 5,370 2,701
Foreign 3,213 4,492 5,196 7,720 3,777
5,315 7,241 9,144 13,090 6,478
Charged to income statement - discontinued operations
Domestic — — — — (3)
Foreign 4 (8) 42 1,044 616
4 (8) 42 1,044 613
Unwind of discount (recognised in interest income)
Domestic (232) (220) (214) (226) (151)
Foreign (244) (264) (241) (182) (43)
(476) (484) (455) (408) (194)
Provisions at the end of the year (2)
Domestic 8,652 7,728 8,199 6,670 4,474
Foreign 12,598 12,155 9,983 10,613 6,542
21,250 19,883 18,182 17,283 11,016
Gross loans and advances to customers
Domestic 269,710 261,202 287,070 297,347 312,287
Foreign 251,561 274,164 286,245 448,172 573,324
521,271 535,366 573,315 745,519 885,611
For the notes to this table refer to the following page.