Barclays 2006 Annual Report Download - page 58

Financial review
Average balance sheet
Barclays PLC
Annual Report 2006
54
Changes in net interest income – volume and rate analysis
The following tables allocate changes in net interest income between changes in volume and changes in interest rates for the last two years.
Volume and rate variances have been calculated on the movement in the average balances and the change in the interest rates on average interest
earning assets and average interest bearing liabilities. Where variances have arisen from changes in both volumes and interest rates, these have
been allocated proportionately between the two.
2006/2005 Change due 2005/2004(a) Change due 2004(a)/2003(b) Change due
to increase/(decrease) in: to increase/(decrease) in: to increase/(decrease) in:
Total Total Total
change Volume Rate change Volume Rate change Volume Rate
£m £m £m £m £m £m £m £m £m
Interest receivable
Treasury bills and other eligible bills:
– in offices in the UK n/a n/a n/a (68) (68) n/a (53) (80) 27
– in offices outside the UK n/a n/a n/a (63) (63) n/a (3) 31 (34)
n/a n/a n/a (131) (131) n/a (56) (49) (7)
Loans and advances to banks:
– in offices in the UK 193 121 72 (237) (115) (122) 117 160 (43)
– in offices outside the UK 85 46 39 132 45 87 163 149 14
278 167 111 (105) (70) (35) 280 309 (29)
Loans and advances to customers:
– in offices in the UK 1,018 726 292 1,419 1,681 (262) 1,006 523 483
– in offices outside the UK 1,956 1,695 261 1,705 787 918 134 301 (167)
2,974 2,421 553 3,124 2,468 656 1,140 824 316
Lease receivables:
– in offices in the UK (48) (70) 22 128 78 50 5 20 (15)
– in offices outside the UK 478 413 65 96 91 5 2 7 (5)
430 343 87 224 169 55 7 27 (20)
Debt securities:
– in offices in the UK n/a n/a n/a (2,129) (2,129) n/a (45) (285) 240
– in offices outside the UK n/a n/a n/a (338) (338) n/a 128 241 (113)
n/a n/a n/a (2,467) (2,467) n/a 83 (44) 127
Financial investments:
– in offices in the UK 181 (85) 266 1,755 1,755 n/a n/a n/a n/a
– in offices outside the UK 363 202 161 467 467 n/a n/a n/a n/a
544 117 427 2,222 2,222 n/a n/a n/a n/a
External trading assets:
– in offices in the UK and n/a n/a n/a (4,971) (4,971) n/a 1,382 2,051 (669)
– outside the UK n/a n/a n/a (2,224) (2,224) n/a 812 654 158
n/a n/a n/a (7,195) (7,195) n/a 2,194 2,705 (511)
Reverse repurchase agreements and
cash collateral on securities borrowed:
– in offices in the UK 1,519 324 1,195 4,617 4,617 n/a n/a n/a n/a
– in offices outside the UK 2,316 254 2,062 2,724 2,724 n/a n/a n/a n/a
3,835 578 3,257 7,341 7,341 n/a n/a n/a n/a
Trading portfolio assets:
– in offices in the UK 1,456 907 549 2,710 2,710 n/a n/a n/a n/a
– in offices outside the UK 492 151 341 2,116 2,116 n/a n/a n/a n/a
1,948 1,058 890 4,826 4,826 n/a n/a n/a n/a
Total interest receivable:
– in offices in the UK 4,319 1,923 2,396 3,224 3,558 (334) 2,412 2,389 23
– in offices outside the UK 5,690 2,761 2,929 4,615 3,605 1,010 1,236 1,383 (147)
10,009 4,684 5,325 7,839 7,163 676 3,648 3,772 (124)
Notes
(a) 2004 figures do not reflect the applications of IAS 32, and IAS 39 and IFRS 4 which became effective from 1st January 2005.
(b) 2003 reflects UK GAAP.