Barclays 2009 Annual Report Download - page 292

290 Barclays PLC Annual Report 2009 www.barclays.com/annualreport09
Notes to the accounts
For the year ended 31st December 2009
continued
49 Liquidity risk continued
Contractual maturity of financial assets and liabilities
Details of contractual maturities for assets and liabilities form an important source of information for the management of liquidity risk. Such information
is used (amongst other things) as the basis for modelling a behavioural balance sheet, for input into the liquidity framework, as discussed above.
The table below provides detail on the contractual maturity of all financial instruments and other assets and liabilities. Derivatives (other than those
designated in a hedging relationship) and trading portfolio assets and liabilities are included in the on demand column at their fair value. Liquidity risk on
these items is not managed on the basis of contractual maturity since they are not held for settlement according to such maturity and will frequently be
settled before contractual maturity at fair value. Derivatives designated in a hedging relationship are included according to their contractual maturity.
Financial assets designated at fair value in respect of linked liabilities to customers under investment contracts have been included in Other assets and
Other liabilities as the Group is not exposed to liquidity risk arising from them; any request for funds from creditors would be met by simultaneously
liquidating or transferring the related investment.
At 31st December 2009 Over
three Over Over Over Over
months six months one year three years five years
Not more but not but not but not but not but not
On than three more than more than more than more than more than Over
demand months six months one year three years five years ten years ten years Total
£m £m £m £m £m £m £m £m £m
Assets
Cash and balances at central banks 80,592891––––––81,483
Items in the course of collection
from other banks 1,243350––––––1,593
Trading portfolio assets 151,344 – – – ––––151,344
Financial assets designated
at fair value:
– held on own account 679 10,795 1,679 2,456 5,514 3,998 2,293 13,897 41,311
Derivative financial instruments:
– held for trading 415,638 – – – ––––415,638
– designated for risk management – 216 115 89 236 101 334 86 1,177
Loans and advances to banks 5,114 30,385 314 1,787 2,396 544 98 497 41,135
Loans and advances to customers 44,826 68,876 8,987 17,848 51,886 38,357 63,180 126,264 420,224
Available for sale financial
investments 1,157 6,999 8,356 3,434 20,530 5,871 6,802 3,334 56,483
Reverse repurchase agreements
and cash collateral on
securities borrowed 248 129,095 3,558 5,604 4,680 31 210 5 143,431
Other financial assets – 2,816 – – 660 – – – 3,476
Total financial assets 700,841 250,423 23,009 31,218 85,902 48,902 72,917 144,083 1,357,295
Other assets 21,634
Total assets 1,378,929
Liabilities
Deposits from other banks 3,861 50,020 4,850 15,558 1,325 200 420 212 76,446
Items in the course of collection
due to other banks 1,37393––––––1,466
Customer accounts 205,868 86,481 8,226 11,940 2,954 3,049 2,864 1,047 322,429
Trading portfolio liabilities 51,252–––––––51,252
Financial liabilities designated
at fair value:
– held on own account 1,219 17,599 5,755 7,145 18,780 14,701 14,647 6,356 86,202
Derivative financial instruments:
– held for trading 402,019 – – – ––––402,019
– designated for risk management – 186 68 37 111 433 394 168 1,397
Debt securities in issue 64 43,390 17,761 19,408 29,904 11,607 7,838 5,930 135,902
Repurchase agreements and
cash collateral on securities lent 502 189,843 5,446 2,525 326 108 29 2 198,781
Subordinated liabilities – 173 1 27 1,234 1,375 9,871 13,135 25,816
Other financial liabilities – 4,959 – – 1,135 – – – 6,094
Total financial liabilities 666,158 392,744 42,107 56,640 55,769 31,473 36,063 26,850 1,307,804
Other liabilities 12,647
Total liabilities 1,320,451
Cumulative liquidity gap 34,683 (107,638) (126,736) (152,158) (122,025) (104,596) (67,742) 49,491 58,478