RBS 2014 Annual Report Download - page 198

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1
RBS – Interim Results 2015
Appendix 5 Parent company financial statements
RBSG plc - Balance sheet at 30 June 2015
30 June 31 Decembe
r
2015 2014
£m £m
Assets
Loans and advances to banks 22,720 24,490
Loans and advances to customers 302 299
Debt securities 467 911
Investments in Group undertakings 54,852 54,858
Derivatives 138 179
Prepayments, accrued income and other assets 48 193
Total assets 78,527 80,930
Liabilities
Deposits by banks 1,209 1,202
Debt securities in issue 6,333 7,510
Derivatives 38 30
A
ccruals, deferred income and other liabilities 21 165
Subordinated liabilities 8,814 10,708
Total liabilities 16,415 19,615
Owners’ equity 62,112 61,315
Total liabilities and equity 78,527 80,930
Owners' equity includes £17.9 billion of distributable reserves at 30 June 2015 (31 December 2014 - £17.5
billion). RBS intends to redeem US$1.9 billion of its outstanding Series M, N, P and Q non-cumulative dollar
preference shares, represented by American depositary shares, on 1 September 2015. The redemption of
these securities will reduce the parent company’s distributable reserves by approximately £1.2 billion.