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89
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)
Quarter ended 30 June 2014 £m £m £m £m £m £m
UK Personal & Business Banking 1,152 347 1,499 (955) (60) 484
Ulster Bank 169 42 211 (155) (10) 46
Personal & Business Banking 1,321 389 1,710 (1,110) (70) 530
Commercial Banking 511 287 798 (493) 9 314
Private Banking 174 98 272 (201) (1) 70
Commercial & Private Banking 685 385 1,070 (694) 8 384
Corporate & Institutional Banking 186 890 1,076 (1,146) 45 (25)
Central items 100 44 144 (71) 13 86
Citizens Financial Group 499 391 890 (582) (31) 277
RCR (1) 7 28 35 (97) 128 66
Non-statutory basis 2,798 2,127 4,925 (3,700) 93 1,318
Reconciling items:
Own credit adjustments (2) - (190) (190) - - (190)
Write-down of goodwill - - - (130) - (130)
Citizens discontinued operations (3) (499) (385) (884) 579 31 (274)
RFS Holdings minority interest - 12 12 - - 12
Statutory basis 2,299 1,564 3,863 (3,251) 124 736
Notes:
(1) Reallocation of £9 million between net interest income and non-interest income in respect of funding costs of rental assets.
(2) Comprises £84 million loss included in 'Income from trading activities' and £106 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.
Total revenue
Half year ended
30 June 2015 30 June 2014
Inte
r
Inte
r
External segment Total External segment Total
£m £m £m £m £m £m
UK Personal & Business Banking 3,483 23,485 3,583 7 3,590
Ulster Bank 388 31 419 408 40 448
Personal & Business Banking 3,871 33 3,904 3,991 47 4,038
Commercial Banking 1,782 102 1,884 1,729 13 1,742
Private Banking 397 122 519 470 258 728
Commercial & Private Banking 2,179 224 2,403 2,199 271 2,470
Corporate & Institutional Banking 1,715 1,585 3,300 3,033 2,028 5,061
Central items 1,049 1,665 2,714 1,200 2,051 3,251
Citizens Financial Group 1,754 51,759 1,724 5 1,729
RCR 321 100 421 443 254 697
Non-statutory basis 10,889 3,612 14,501 12,590 4,656 17,246
Reconciling items:
Own credit adjustments 288 -288 (51) - (51)
Gain on redemption of own debt - -- 20 - 20
Strategic disposals (135) -(135) 191 - 191
Citizens discontinued operations (1,733) -(1,733) (1,713) - (1,713)
RFS Holdings minority interest - -- 25 - 25
Elimination of intra-group transactions - (3,612) (3,612) - (4,656) (4,656)
Statutory basis 9,309 -9,309 11,062 - 11,062