RBS 2013 Annual Report Download - page 227
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Business review Risk and balance sheet management
225
Encumbered assets relating to:
Debt securities in issue Other secured liabilities Total Encumbered Unencumbered
Securitisations Covered Secured encumbered assets as a Liquidity
and conduits bonds Derivatives Repos deposits assets % of related portfolio Other Total
2012 £bn £bn £bn £bn £bn £bn assets £bn £bn £bn
Cash and balances at central banks — — — — — — — 70.2 9.1 79.3
Loans and advances to banks 5.3 0.5 12.8 — — 18.6 59 — 12.7 31.3
Loans and advances to customers
- UK residential mortgages 16.4 16.0 — — — 32.4 30 58.7 18.0 109.1
- Irish residential mortgages 10.6 — — — 1.8 12.4 81 — 2.9 15.3
- US residential mortgages — — — — — — — 7.6 14.1 21.7
- UK credit cards 3.0 — — — — 3.0 44 — 3.8 6.8
- UK personal loans 4.7 — — — — 4.7 41 — 6.8 11.5
- other 20.7 — 22.5 — 0.8 44.0 16 6.5 217.1 267.6
Reverse repurchase agreements
and stock borrowing — — — — — — — — 104.8 104.8
Debt securities 1.0 — 8.3 91.2 15.2 115.7 70 22.3 26.6 164.6
Equity shares — — 0.7 6.8 — 7.5 49 — 7.7 15.2
Settlement balances — — — — — — — — 6.7 6.7
Derivatives — — — — — — — — 441.9 441.9
Intangible assets — — — — — — — — 14.3 14.3
Property, plant and equipment — — — — — — — — 10.0 10.0
Deferred tax — — — — — — — — 3.5 3.5
Prepayments, accrued income
and other assets — — — — — — — — 8.7 8.7
61.7 16.5 44.3 98.0 17.8 238.3 165.3 908.7 1,312.3
Own asset securitisations 22.6
Total liquidity portfolio 187.9
Liabilities secured
Intra-Group - used for secondary
liquidity (22.6) — — — — (22.6)
Intra-Group - other (23.9) — — — — (23.9)
Third-party (1) (12.0) (10.1) (60.4) (132.4) (15.3) (230.2)
(58.5) (10.1) (60.4) (132.4) (15.3) (276.7)
Note:
(1) In accordance with market practice the Group employs its own assets and securities received under reverse repo transactions as collateral for repos.
For information on collateral received and used relating to securities financing transactions (SFT) and derivatives refer to the following page.