RBS 2012 Annual Report Download - page 95

RBS GROUP 2012
93
2012 2011 2010
Performance ratios
Net interest margin 0.31% 0.63% 1.02%
Cost:income ratio nm 109% 82%
Adjusted cost:income ratio (1) nm 130% 112%
nm = not meaningful
£bn £bn £bn
Capital and balance sheet
Loans and advances to customers (gross) (2) 55.4 79.4 108.4
Loan impairment provisions (11.2)(11.5)(10.3)
Net loans and advances to customers 44.2 67.9 98.1
Total third party assets (excluding derivatives) 57.4 93.7 137.9
Total third party assets (including derivatives) 63.4 104.7 153.9
Risk elements in lending (2) 21.4 24.0 23.4
Provision coverage (3) 52% 48% 44%
Customer deposits (2) 2.7 3.5 6.7
Risk-weighted assets 60.4 93.3 153.7
Gross customer loans and advances
Banking & portfolios 54.5 77.3 104.9
International businesses 0.9 2.0 3.5
Markets — 0.1 —
55.4 79.4 108.4
Risk-weighted assets
Banking & portfolios 53.3 64.8 83.5
International businesses 2.4 4.1 5.6
Markets 4.7 24.4 64.6
60.4 93.3 153.7
Third party assets (excluding derivatives)
Banking & portfolios 51.1 81.3 113.9
International businesses 1.2 2.9 4.4
Markets 5.1 9.5 19.6
57.4 93.7 137.9
Third party assets (excluding derivatives)
31 December
2011
£bn
Run-off
£bn
Disposals/
restructuring
£bn
Drawings/
roll overs
£bn
Impairments
£bn
Foreign
exchange
£bn
31 December
2012
£bn
Commercial real estate 31.5 (5.0)(2.2)0.1 (1.7)(0.6)22.1
Corporate 42.2 (7.3)(9.8)1.6 (0.4)(0.8)25.5
SME 2.1 (1.0)(0.3)0.2 — — 1.0
Retail 6.1 (0.8)(1.9)0.1 (0.2)(0.1)3.2
Other 1.9 (1.3)— — — (0.1)0.5
Markets 9.8 (1.0)(3.9)0.3 0.1 (0.2)5.1
Total (excluding derivatives) 93.6 (16.4)(18.1)2.3 (2.2)(1.8)57.4
Markets - RBS Sempra Commodities JV 0.1 (0.1)— — — — —
Total (4) 93.7 (16.5)(18.1)2.3 (2.2)(1.8)57.4
Notes:
(1) Adjusted cost:income ratio represents operating expenses expressed as a percentage of total income after netting insurance claims against income.
(2) Excludes disposal groups.
(3) Provision coverage percentage represents loan impairment provisions as a percentage of risk elements in lending.
(4) Disposals of £0.2 billion have been signed as at 31 December 2012 but are pending completion (2011 - £0.2 billion; 2010 - £12 billion).