RBS 2015 Annual Report Download - page 43

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Oil & Gas exposure
CRA(1) Total exposure(2)
by Geography
CRA(1) by Investment
grade
Total exposure(2) by
Segment
FY 2014
9,421
(62%)
FY 2015
3,533
(70%)
FY 2015
6,609
15%
16%
36%
33%
FY 2014
22,014
22%
54%
13%
11%
Rest of world
US
Western Europe
UK&ROI
(62%)
FY 2015
3,533
35%
65%
FY 2014
9,421
25%
75%
Other rating grades
Investment grade
(70%)
FY 2015
6,609
6%
7%
21%
28%
38%
FY 2014
22,014
13%
17%
14%
16%
40%
Pipelines
Other wholesale & trading activities
Refineries
Oil field service providers
Producers
Total exposure decreased 70% Y/Y due to pro active credit stewardship, together with disposals in the US and APAC
At 31 December 2015, 65% of the portfolio exposure was Investment Grade. The decrease was mainly due to disposals
in the US and Asia-Pacific
Non-performing exposures at 31 December 2015 were £138m(3)
(£m)
(1) Credit Risk Assets (CRAs) consist of lending gross of impairment, provisions and derivative exposures after netting and contingent obligations.(2)Total exposure includes committed but undrawn facilities (3) On a CRA basis
35