Interim Management Statement - Part 8 of 10

RNS Number : 0662G

Royal Bank of Scotland Group PLC

06 May 2011

 



Appendix 1

Income statement reconciliations

Appendix 1 Income statement reconciliations

	Quarter ended
	31 March 2011				31 December 2010				31 March 2010
	Managed	Reallocation  of one-off   items	Statutory		Managed	Reallocation  of one-off   items	Statutory		Managed	Reallocation  of one-off   items	Statutory
	£m	£m	£m		£m	£m	£m		£m	£m	£m
Net interest income	3,302	(1)	3,301		3,578	2	3,580		3,534	8	3,542
Non-interest income	4,731	(974)	3,757		3,881	361	4,242		5,589	(608)	4,981
Total income	8,033	(975)	7,058		7,459	363	7,822		9,123	(600)	8,523
Operating expenses	(4,121)	(194)	(4,315)		(4,081)	(426)	(4,507)		(4,430)	(287)	(4,717)
Profit before other operating charges	3,912	(1,169)	2,743		3,378	(63)	3,315		4,693	(887)	3,806
Insurance net claims	(912)	-	(912)		(1,182)	-	(1,182)		(1,136)	-	(1,136)
Operating profit before impairment losses	3,000	(1,169)	1,831		2,196	(63)	2,133		3,557	(887)	2,670
Impairment losses	(1,947)	-	(1,947)		(2,141)	-	(2,141)		(2,675)	-	(2,675)
Operating profit/(loss)	1,053	(1,169)	(116)		55	(63)	(8)		882	(887)	(5)
Fair value of own debt	(480)	480	-		582	(582)	-		(169)	169	-
Asset Protection Scheme credit default swap - fair value changes	(469)	469	-		(725)	725	-		(500)	500	-
Amortisation of purchased intangible assets	(44)	44	-		(96)	96	-		(65)	65	-
Integration and restructuring costs	(145)	145	-		(299)	299	-		(168)	168	-
Strategic disposals	(23)	23	-		502	(502)	-		53	(53)	-
Bonus tax	(11)	11	-		(15)	15	-		(54)	54	-
Write-down of goodwill and other intangible assets	-	-	-		(10)	10	-		-	-	-
RFS Holdings minority interest	3	(3)	-		(2)	2	-		16	(16)	-
Loss before tax	(116)	-	(116)		(8)	-	(8)		(5)	-	(5)
Tax (charge)/credit	(423)	-	(423)		3	-	3		(107)	-	(107)
Loss from continuing operations	(539)	-	(539)		(5)	-	(5)		(112)	-	(112)
Profit from discontinued operations, net of tax	10	-	10		55	-	55		313	-	313
(Loss)/profit for the period	(529)	-	(529)		50	-	50		201	-	201
Non-controlling interests	1	-	1		(38)	-	(38)		(344)	-	(344)
Preference share and other dividends	-	-	-		-	-	-		(105)	-	(105)
(Loss)/profit attributable to ordinary and B shareholders	(528)	-	(528)		12	-	12		(248)	-	(248)

 

END

 

 

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