Barclays 2009 Annual Report Download - page 51

www.barclays.com/annualreport09 Barclays PLC Annual Report 2009 49
Securities
The following table analyses the book value of securities which are carried at fair value.
2009 2008 2007
Amortised Amortised Amortised
Book value cost Book value cost Book value cost
£m £m £m £m £m £m
Investment securities – available for sale
Debt securities:
United Kingdom government 77 74 1,238 1,240 78 81
Other government 10,958 8,389 11,456 11,338 7,383 7,434
Other public bodies and US Agencies 3,456 3,505 14,660 14,834 5,052 5,048
Mortgage and asset backed securities 2,498 2,958 3,510 4,126 1,367 1,429
Bank and building society certificates of deposit 7,697 7,343 10,478 10,535 3,028 3,029
Corporate and other issuers 19,202 18,986 17,489 17,908 21,765 21,803
Equity securities 6,676 6,247 2,142 1,814 1,676 1,418
Investment securities – available for sale 50,564 47,502 60,973 61,795 40,349 40,242
Other securities – held for trading
Debt securities:
United Kingdom government 6,815 n/a 6,955 n/a 3,832 n/a
Other government 54,161 n/a 50,727 n/a 51,104 n/a
Other public bodies and US Agencies 20,517 n/a 21,909 n/a 9,466 n/a
Mortgage and asset backed securities 12,942 n/a 30,748 n/a 27,572 n/a
Bank and building society certificates of deposit 995 n/a 7,518 n/a 17,751 n/a
Corporate and other issuers 21,164 n/a 30,829 n/a 43,053 n/a
Equity securities 19,602 n/a 30,535 n/a 36,307 n/a
Other securities – held for trading 136,196 n/a 179,221 n/a 189,085 n/a
Investment debt securities include government securities held as part of the Group’s treasury management portfolio for asset and liability, liquidity and
regulatory purposes and are for use on a continuing basis in the activities of the Group. In addition, the Group holds as investments listed and unlisted
corporate securities.
Bank and building society certificates of deposit are freely negotiable and have original maturities of up to five years, but are typically held for shorter
periods.
In addition to UK government securities shown above, the Group held the following government securities which exceeded 10% of shareholders’
equity in any of the last three years. These securities are held at fair value.
Government securities 2009 2008 2007
Book value Book value Book value
£m £m £m
United States 17,356 17,165 15,156
Japan 7,609 9,092 9,124
Germany 9,698 5,832 5,136
France 2,574 4,091 3,538
Italy 6,297 6,091 5,090
Spain 4,948 3,647 3,674
Maturities and yield of available for sale debt securities
Maturing within Maturing after one but Maturing after five but Maturing after
one year within five years within ten years ten years Total
Amount Yield Amount Yield Amount Yield Amount Yield Amount Yield
£m % £m % £m % £m % £m %
Government 971 5.3 6,647 2.5 2,147 1.8 1,270 1.2 11,035 2.5
Other public bodies
and US Agencies 14 3.6 148 2.4 3,279 4.1 15 4.8 3,456 4.1
Other issuers 14,727 2.7 12,983 1.4 1,075 3.0 612 3.4 29,397 2.3
Total book value 15,712 2.9 19,778 1.8 6,501 3.2 1,897 1.9 43,888 2.5
The yield for each range of maturities is calculated by dividing the annualised interest income prevailing at 31st December 2009 by the fair value of
securities held at that date.