RBS 2014 Annual Report Download - page 21

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19
RBS – Interim Results 2015
Analysis of results
Half year ended Quarter ended
30 June 30 June 30 June 31 March 30 June
2015 2014 2015 2015 2014
Non-interest income £m £m £m £m £m
Net fees and commissions 1,966 2,118 974 992 1,063
Income from trading activities 734 1,482 464 270 626
Other operating income 478 882 165 313 438
Total non-interest income 3,178 4,482 1,603 1,575 2,127
Key points
H1 2015 compared with H1 2014
• Non-interest income was down 29%, principally reflecting reduced trading income, in line with CIB’s
risk and resource reduction.
• Losses of £69 million were recorded on the disposal of available-for-sale securities, compared with
gains of £215 million in H1 2014.
Q2 2015 compared with Q1 2015
• Non-interest income was up 2%, reflecting seasonal movements offset by volatile items under IFRS.
Q2 2015 compared with Q2 2014
• Non-interest income was 25% lower, principally reflecting the reduction in CIB’s scale.
• A loss of £42 million on the disposal of available-for-sale securities compared with a gain of £13 million
in Q2 2014.