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1
RBS – Interim Results 2015
Appendix 2 Income statement reconciliations and balance sheet pre and post disposal groups
Half year ended
30 June 2015
Non- Reallocation o
f
Presentational
statutory one-off items adjustments (1) CFG (2) Statutory
£m £m £m £m £m
Interest receivable 7,329 - - (1,222) 6,107
Interest payable (1,807) - - 118 (1,689)
Net interest income 5,522 - - (1,104) 4,418
Fees and commissions receivable 2,347 - - (389) 1,958
Fees and commissions payable (381) - - 18 (363)
Income from trading activities 734 210 - (69) 875
Other operating income 478 (57) - (53) 368
Non-interest income 3,178 153 - (493) 2,838
Total income 8,700 153 - (1,597) 7,256
Staff costs (3,075) - (348) 568 (2,855)
Premises and equipment (859) - (47) 161 (745)
Other administrative expenses (1,133) - (1,523) 290 (2,366)
Depreciation and amortisation (418) - (294) - (712)
Restructuring costs (1,503) - 1,503 - -
Litigation and conduct costs (1,315) - 1,315 - -
Write down of goodwill and other intangible assets - - (606) - (606)
Operating expenses (8,303) - - 1,019 (7,284)
Profit/(loss) before impairment releases 397 153 - (578) (28)
Impairment releases 232 - - 89 321
Operating profit 629 153 - (489) 293
Own credit adjustments (3) 288 (288) - - -
Strategic disposals (135) 135 - - -
Citizens discontinued operations (489) - - 489 -
Profit before tax 293 - - - 293
Tax charge (293) - - - (293)
Profit for continuing operations - - - - -
Profit from discontinued operations, net of tax
- Citizens 354 - - - 354
- Other 4 - - - 4
Profit from discontinued operations, net of tax 358 - - - 358
Profit for the period 358 - - - 358
Non-controlling interests (344) - - - (344)
Preference share and other dividends (167) - - - (167)
Loss attributable to ordinary and B shareholders (153) - - - (153)
Notes:
(1) Reallocation of restructuring costs and litigation and conduct costs into the statutory operating expense lines.
(2) The statutory results of Citizens Financial Group (CFG), which is classified as a discontinued operation.
(3) Reallocation of £210 million gain (H1 2014 - £11 million gain; Q2 2015 - £115 million gain; Q1 2015 - £95 million gain; Q2 2014 - £84 million loss) to income from trading
activities and £78 million gain (H1 2014 - £62 million loss; Q2 2015 - £53 million gain; Q1 2015 - £25 million gain; Q2 2014 - £106 million loss) to other operating income.