25th Feb 2010 07:01
Appendix 5
Annual results 2009
Revisions
Appendix 5 - Revisions
Divisional revisions
Divisional results have been revised to reflect the transfer of RBS Sempra Commodities to Non-Core from GBM. These changes do not affect the Group's results.
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Quarter ended 30 September 2009 |
|
Quarter ended 30 June 2009 |
||||
|
|
Previously reported |
Adjustment |
Revised |
|
Previously reported |
Adjustment |
Revised |
|
Global Banking & Markets |
£m |
£m |
£m |
|
£m |
£m |
£m |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net interest income |
447 |
- |
447 |
|
660 |
- |
660 |
|
Non-interest income |
1,412 |
(114) |
1,298 |
|
1,650 |
(207) |
1,443 |
|
Direct expenses |
|
|
|
|
|
|
|
|
- staff costs |
(760) |
39 |
(721) |
|
(762) |
82 |
(680) |
|
- other costs |
(261) |
21 |
(240) |
|
(231) |
27 |
(204) |
|
Impairment losses |
(272) |
- |
(272) |
|
31 |
- |
31 |
|
Operating profit |
375 |
(54) |
321 |
|
1,147 |
(98) |
1,049 |
|
|
|
|
|
|
|
|
|
|
|
£bn |
£bn |
£bn |
|
£bn |
£bn |
£bn |
|
|
|
|
|
|
|
|
|
|
Loans and advances (including banks) |
157.0 |
(0.7) |
156.3 |
|
156.0 |
(0.8) |
155.2 |
|
Reverse repos |
75.4 |
- |
75.4 |
|
75.2 |
- |
75.2 |
|
Securities |
117.6 |
- |
117.6 |
|
115.5 |
- |
115.5 |
|
Cash and eligible bills |
63.8 |
- |
63.8 |
|
51.5 |
- |
51.5 |
|
Other |
50.8 |
(4.8) |
46.0 |
|
46.2 |
(5.7) |
40.5 |
|
|
|
|
|
|
|
|
|
|
Total third party assets (excluding derivatives mark to market) |
464.6 |
(5.5) |
459.1 |
|
444.4 |
(6.5) |
437.9 |
|
Customer deposits (excluding repos) |
58.1 |
(1.3) |
56.8 |
|
65.0 |
(1.6) |
63.4 |
|
Risk-weighted assets |
131.9 |
(10.4) |
121.5 |
|
122.4 |
(9.9) |
112.5 |
|
|
|
|
|
|
|
|
|
|
|
Quarter ended 31 March 2009 |
|
Quarter ended 31 December 2008 |
||||
|
|
Previously reported |
Adjustment |
Revised |
|
Previously reported |
Adjustment |
Revised |
|
Global Banking & Markets |
£m |
£m |
£m |
|
£m |
£m |
£m |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net interest income |
812 |
- |
812 |
|
1,054 |
- |
1,054 |
|
Non-interest income |
4,527 |
(247) |
4,280 |
|
(2,850) |
(404) |
(3,254) |
|
Direct expenses |
|
|
|
|
|
|
|
|
- staff costs |
(1,001) |
113 |
(888) |
|
(178) |
160 |
(18) |
|
- other costs |
(300) |
26 |
(274) |
|
(421) |
24 |
(397) |
|
Impairment losses |
(269) |
- |
(269) |
|
(505) |
3 |
(502) |
|
Operating profit/(loss) |
3,576 |
(108) |
3,468 |
|
(3,102) |
(217) |
(3,319) |
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loans and advances (including banks) |
206.5 |
(1.2) |
205.3 |
|
225.5 |
(1.3) |
224.2 |
|
Reverse repos |
80.6 |
- |
80.6 |
|
88.8 |
- |
88.8 |
|
Securities |
124.3 |
- |
124.3 |
|
127.5 |
- |
127.5 |
|
Cash and eligible bills |
28.6 |
- |
28.6 |
|
20.2 |
- |
20.2 |
|
Other |
43.1 |
(5.7) |
37.4 |
|
42.9 |
(4.9) |
38.0 |
|
|
|
|
|
|
|
|
|
|
Total third party assets (excluding derivatives mark to market) |
483.1 |
(6.9) |
476.2 |
|
504.9 |
(6.2) |
498.7 |
|
Customer deposits (excluding repos) |
81.8 |
(1.7) |
80.1 |
|
88.6 |
(0.8) |
87.8 |
|
Risk-weighted assets |
148.6 |
(10.7) |
137.9 |
|
162.4 |
(10.6) |
151.8 |
Appendix 5 - Revisions
|
|
Quarter ended 30 September 2009 |
|
Quarter ended 30 June 2009 |
||||
|
|
Previously Reported |
Adjustment |
Revised |
|
Previously reported |
Adjustment |
Revised |
|
Non-Core |
£m |
£m |
£m |
|
£m |
£m |
£m |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net interest income |
287 |
- |
287 |
|
274 |
- |
274 |
|
Non-interest income |
(347) |
114 |
(233) |
|
(1,168) |
207 |
(961) |
|
Direct expenses |
|
|
|
|
|
|
|
|
- staff costs |
(111) |
(39) |
(150) |
|
(71) |
(82) |
(153) |
|
- other costs |
(223) |
(21) |
(244) |
|
(220) |
(27) |
(247) |
|
Impairment losses |
(2,066) |
- |
(2,066) |
|
(3,516) |
- |
(3,516) |
|
Operating loss |
(2,718) |
54 |
(2,664) |
|
(4,975) |
98 |
(4,877) |
|
|
|
|
|
|
|
|
|
|
|
£bn |
£bn |
£bn |
|
£bn |
£bn |
£bn |
|
|
|
|
|
|
|
|
|
|
Total third party assets (including derivatives) |
220.2 |
12.8 |
233.0 |
|
231.9 |
14.6 |
246.5 |
|
Loans and advances to customers - gross |
158.7 |
0.4 |
159.1 |
|
163.6 |
0.5 |
164.1 |
|
Customer deposits |
14.7 |
1.3 |
16.0 |
|
13.4 |
1.6 |
15.0 |
|
Risk-weighted assets |
190.3 |
10.4 |
200.7 |
|
164.1 |
9.9 |
174.0 |
|
|
Quarter ended 31 March 2009 |
|
Quarter ended 31 December 2008 |
||||
|
|
Previously reported |
Adjustment |
Revised |
|
Previously Reported |
Adjustment |
Revised |
|
Non-Core |
£m |
£m |
£m |
|
£m |
£m |
£m |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net interest income |
395 |
- |
395 |
|
765 |
- |
765 |
|
Non-interest income |
(2,418) |
247 |
(2,171) |
|
(3,099) |
404 |
(2,695) |
|
Direct expenses |
|
|
|
|
|
|
|
|
- staff costs |
(188) |
(113) |
(301) |
|
(110) |
(160) |
(270) |
|
- other costs |
(230) |
(26) |
(256) |
|
(321) |
(24) |
(345) |
|
Impairment losses |
(1,828) |
- |
(1,828) |
|
(3,358) |
(3) |
(3,361) |
|
Operating loss |
(4,588) |
108 |
(4,480) |
|
(6,467) |
217 |
(6,250) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total third party assets (including derivatives) |
297.1 |
17.6 |
314.7 |
|
325.1 |
17.8 |
342.9 |
|
Loans and advances to customers - gross |
183.1 |
0.6 |
183.7 |
|
190.6 |
0.8 |
191.4 |
|
Customer deposits |
21.9 |
1.8 |
23.7 |
|
26.6 |
0.8 |
27.4 |
|
Risk-weighted assets |
163.7 |
10.7 |
174.4 |
|
160.3 |
10.6 |
170.9 |
Related Shares:
RBS.L