Barclays 2011 Annual Report Download - page 118

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Risk management
Credit risk continued
Portugal (audited)
Fair value through
profit and loss Trading portfolio Derivatives
As at 31 December
Trading
portfolio
assets
£m
Trading
portfolio
liabilities
£m
Net
trading
portfolio
£m
Gross
assets
£m
Gross
liabilities
£m
Cash
collateral
£m
Net
derivatives
£m
Designated
at FV
through P&L
£m
2011
Total
£m
2010
Total
£m
Sovereign 143 (76) 67 216 (216) – – 2 69 121
Financial institutions 24 (13) 11 336 (336) – – – 11 106
Corporate 129 (21) 108 445 (223) (2) 220 – 328 193
Available for sale assets
Fair value through equity
As at 31 December Costa
£m
AFS
reserve
£m
2011
Total
£m
2010
Total
£m
Sovereign 875 (159) 716 886
Financial institutions 2 – 2 9
Corporate 675 2 677 896
Loans and advances
Held at amortised cost
As at 31 December Gross
£m
Impairment
allowances
£m
2011
Total
£m
2010
Total
£m
Sovereign 25 – 25 16
Financial institutions 38 – 38 50
Residential mortgages 3,665 (14) 3,651 3,476
Corporate 2,484 (194) 2,290 2,639
Other retail lending 2,252 (199) 2,053 2,074
Contingent liabilities and commitments
As at 31 December 2011
£m
2010
£m
Sovereign 3 –
Financial institutions 3 6
Residential mortgages 52 15
Corporate 1,101 1,622
Other retail lending 1,377 1,367
Note
a ‘Cost’ refers to the fair value of the asset at recognition, less any impairment booked. ‘AFS reserve’ is the cumulative fair value gain or loss on the assets that is held in equity. ‘Total’ is the fair
value of the assets at the balance sheet date.
116 Barclays PLC Annual Report 2011 www.barclays.com/annualreport