Barclays 2009 Annual Report Download - page 131

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www.barclays.com/annualreport09 Barclays PLC Annual Report 2009 129
Notes
aAverages for the period will not correspond to period-end balances disclosed on the balance
sheet. Numbers are rounded to the nearest £50m for presentational purposes only.
bAverage goodwill relates to purchased goodwill and intangible assets from business
acquisitions.
cAvailable funds for economic capital as at 31st December 2009 stood at £40,650m
(2008:£39,200m).
Average economic capital allocation by risk type
£md
8,350
10,000
7,750
7,250
1,900
2,000
3,700
2,350
1,000
1,700
2,700
2,600
Wholesale credit
risk (incl CRLs) f
Retail credit risk
Operational risk
Market risk
Fixed asset risk
Other risks g
— 2008
— 2009
The average supply of capital to support the economic capital frameworka2009 2008
£m £m
Shareholders’ equity excluding non-controlling interests less goodwill b28,000 17,650
Retirement benefits liability 800 1,050
Cash flow hedging reserve (300) 100
Available for sale reserve 600 400
Cumulative gains on own credit (1,150) (1,250)
Preference shares 5,850 5,500
Available funds for economic capital excluding goodwill 33,800 23,450
Average historic goodwill and intangible assets b11,000 9,450
Available funds for economic capital including goodwill c44,800 32,900
Average economic capital allocation by business
£m
d
3,950
3,750
3,450
3,500
2,700
3,350
2,500
1,900
1,100
1,200
1,200
1,100
8,250
10,75 0
1,000
400
500
550
100
50
UK Retail
Banking
Barclays
Commercial
Bank
Barclaycard
GRCB –
Western Europe
GRCB –
Emerging Markets
GRCB –
Absa
Barclays Capital
Barclays
Global Investors
Barclays Wealth
Head Office
functions and
other operations
e
— 2008
— 2009
dAverage EC charts exclude the EC calculated for pension risk (average pension risk for 2009
is £2,500m compared with £650m in 2008).
eIncludes Transition Businesses and capital for central function risks.
fIncludes credit risk loans.
gIncludes investments in associates, private equity risk, insurance risk, residual value and
business risk. Also includes BGI related exposures post-disposal, mainly the BlackRock equity.