Final Results. Appendix 5 of

RNS Number : 6577H

Royal Bank of Scotland Group PLC

25 February 2010

 



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.

	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)
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

 

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