RBS 2014 Annual Report Download - page 88

Download and view the complete annual report

Please find page 88 of the 2014 RBS annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 199

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199

86
RBS – Interim Results 2015
Notes
12. Segmental analysis (continued)
Analysis of operating profit (continued)
Net Non- Impairment
interest interest Total Operating (losses)
/
Operating
income income income expenses releases profit/(loss)
Half year ended 30 June 2014 £m £m £m £m £m £m
UK Personal & Business Banking 2,276 686 2,962 (1,820) (148) 994
Ulster Bank 323 89 412 (300) (57) 55
Personal & Business Banking 2,599 775 3,374 (2,120) (205) 1,049
Commercial Banking 999 569 1,568 (902) (31) 635
Private Banking 344 201 545 (400) - 145
Commercial & Private Banking 1,343 770 2,113 (1,302) (31) 780
Corporate & Institutional Banking 365 2,062 2,427 (2,158) 39 308
Central items 203 146 349 (270) 12 91
Citizens Financial Group 987 620 1,607 (1,082) (104) 421
RCR (1) (1) 109 108 (176) 20 (48)
Non-statutory basis 5,496 4,482 9,978 (7,108) (269) 2,601
Reconciling items:
Own credit adjustments (2) - (51) (51) - - (51)
Gain on redemption of own debt - 20 20 - - 20
Write down of goodwill - - -(130) - (130)
Strategic disposals - 191 191 - - 191
Citizens discontinued operations (3) (987) (624) (1,611) 1,081 104 (426)
RFS Holdings minority interest (3) 25 22 (1) - 21
Statutory basis 4,506 4,043 8,549 (6,158) (165) 2,226
Notes:
(1) Reallocation of £12 million between net interest income and non-interest income in respect of funding costs of rental assets.
(2) Comprises £11 million gain included in 'Income from trading activities' and £62 million loss 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.