RBS 2014 Annual Report Download - page 80

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78
RBS – Interim Results 2015
Notes
4. Analysis of income, expenses and impairment losses (continued)
Half year ended Quarter ended
30 June 30 June 30 June 31 March 30 June
2015 2014 2015 2015 2014
£m £m £m £m £m
Staff costs (2,855) (2,997) (1,530) (1,325) (1,558)
Premises and equipment (745) (1,126) (326) (419) (546)
Other (1) (2,366) (1,357) (1,027) (1,339) (780)
Administrative expenses (5,966) (5,480) (2,883) (3,083) (2,884)
Depreciation and amortisation (712) (466) (200) (512) (237)
Write down of goodwill - (130) - - (130)
Write down of other intangible assets (606) (82) (606) - -
Operating expenses (7,284) (6,158) (3,689) (3,595) (3,251)
Loan impairment releases/(losses) 431 (169) 203 228 113
Securities (110) 4 (11) (99) 11
Impairment releases/(losses) 321 (165) 192 129 124
Note:
(1) Includes PPI costs, Interest Rate Hedging Products redress and related costs and litigation and conduct costs - see Note 5 for further details.
5. Provisions for liabilities and charges
Regulatory and legal actions
Othe
r
F
X
Othe
r
custome
r
investigations
/
regulatory Property
PPI IRHP redress litigation provisions Litigation and othe
r
Total
£m £m £m (1) £m £m £m £m £m
A
t 1 January 2015 799 424 580 320 183 1,805 663 4,774
Transfer - - - 50 (50) - - -
Currency translation and other
movements - - 2 -3 86 7 98
Charge to income statement (2) 100 - 257 334 - 176 76 943
Releases to income statement (2) - - - -- (4) (56) (60)
Provisions utilised (110) (103) (50) -- (11) (87) (361)
At 31 March 2015 789 321 789 704 136 2,052 603 5,394
Currency translation and other
movements - - (2) (12) (2) (120) 87 (49)
Charge to income statement (2) - 81 22 -27 341 314 785
Releases to income statement (2) - (12) (14) -- (2) (82) (110)
Provisions utilised (92) (107) (96) (178) (1) (30) (94) (598)
At 30 June 2015 697 283 699 514 160 2,241 828 5,422
Notes:
(1) Closing provision primarily relates to investment advice and packaged accounts.
(2) Relates to continuing operations.