RBS 2013 Annual Report Download - page 322
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Business review Risk and balance sheet management
320
Market risk continued
Sources of risk continued
Linkage to balance sheet*
The table below analyses the Group’s balance sheet by trading and non-trading business.
Trading Non-trading
Total business (1) business (2) Non-trading business
2013 £bn £bn £bn Primary risk factor
A
ssets
Cash and balances at central banks 82.7 —82.7 Interest rate, foreign exchange
Net loans and advances to banks 27.6 9.3 18.3 Interest rate
Net loans and advances to customers 390.8 19.4 371.4 Interest rate
Reverse repurchase agreements and stock borrowing 76.4 75.7 0.7 Interest rate
Debt securities 113.6 56.7 56.9 Interest rate
Equity shares 8.8 7.2 1.6 Equity
Derivatives 288.0 284.9 3.1 Interest rate, foreign exchange
Settlement balances 5.6 5.6 —
Other assets 34.4 —34.4 Interest rate
Total assets 1,027.9 458.8 569.1
Liabilities
Deposits by banks 35.3 19.2 16.1 Interest rate
Customer deposits 414.4 9.7 404.7 Interest rate
Repurchase agreements and stock lending 85.1 73.6 11.5 Interest rate
Debt securities in issue 67.8 19.7 48.1 Interest rate
Settlement balances 5.3 5.3 —
Short positions 28.0 28.0 —
Derivatives 285.5 283.4 2.1 Interest rate, foreign exchange
Subordinated liabilities 24.0 —24.0 Interest rate
Other liabilities 23.3 —23.3 Interest rate, credit spreads
Total liabilities 968.7 438.9 529.8
Notes:
(1) Trading businesses are entities that primarily have exposures that are classified as trading book under regulatory rules. For these exposures, the main methods used by the Group to measure
market risk are discussed under Traded market risk - Risk measurement on page 323.
(2) Non-trading businesses are entities that primarily have exposures that are not classified as trading book. For these exposures, with the exception of pension-related activities, the main measurement
methods are sensitivity analysis of net interest income, internal non-traded VaR and fair value calculations; for more information, refer to pages 334 to 340.
*unaudited