RBS 2014 Annual Report Download - page 87

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85
RBS – Interim Results 2015
Notes
12. Segmental analysis
The business is organised into three franchises:
● Personal & Business Banking (PBB), comprising two reportable segments, UK Personal & Business
Banking, including Williams & Glyn, (UK PBB) and Ulster Bank.
● Commercial & Private Banking (CPB), comprising two reportable segments, Commercial Banking and
Private Banking.
● Corporate & Institutional Banking (CIB), which is a single reportable segment.
In addition, RBS will continue to manage and report Citizens Financial Group and RBS Capital Resolution
(RCR) separately until disposal or wind-down.
Analysis of operating profit
The following tables provide a segmental analysis of operating profit/(loss) by main income statement
captions. The segmental income statements on pages 26 to 66 reflect certain presentational reallocations as
described in the notes below each table. These do not affect the overall operating profit.
Net Non- Impairment
interest interest Total Operating releases Operating
income income income expenses (losses)
/
profit/(loss)
Half year ended 30 June 2015 £m £m £m £m £m £m
UK Personal & Business Banking 2,290 631 2,921 (1,923) 17 1,015
Ulster Bank 265 103 368 (289) 52 131
Personal & Business Banking 2,555 734 3,289 (2,212) 69 1,146
Commercial Banking 1,108 606 1,714 (875) (27) 812
Private Banking 254 167 421 (474) 3 (50)
Commercial & Private Banking 1,362 773 2,135 (1,349) (24) 762
Corporate & Institutional Banking 376 948 1,324 (3,430) 31 (2,075)
Central items 150 43 193 (192) (48) (47)
Citizens Financial Group 1,104 490 1,594 (1,019) (89) 486
RCR (1) (25) 190 165 (101) 293 357
Non-statutory basis 5,522 3,178 8,700 (8,303) 232 629
Reconciling items:
Own credit adjustments (2) - 288 288 - - 288
Strategic disposals - (135) (135) - - (135)
Citizens discontinued operations (3) (1,104) (493) (1,597) 1,019 89 (489)
Statutory basis 4,418 2,838 7,256 (7,284) 321 293
Notes:
(1) Reallocation of £5 million between net interest income and non-interest income in respect of funding costs of rental assets.
(2) Comprises £210 million gain included in 'Income from trading activities' and £78 million gain included in 'Other operating income' on a statutory basis.
(3) Included within Citizens discontinued operations are the results of the reportable operating segment of Citizens Financial Group (CFG) and certain CFG related activities in
Central items and related one-off and other items. Analysis provided in Note 13.