Barclays 2011 Annual Report Download - page 135

Capital composition
Key capital ratios 2011 2010 2009
Core Tier 1 11.0% 10.8% 10.0%
Tier 1 12.9% 13.5% 13.0%
Total capital 16.4% 16.9% 16.6%
Capital Resources 2011
£m
2010
£m
2009
£m
Shareholders' equity (excluding non-controlling interests) per balance sheet 55,589 50,858 47,277
Non-controlling interests per balance sheet 9,607 11,404 11,201
– Less: Other Tier 1 capital - preference shares (6,235) (6,317) (6,256)
– Less: Other Tier 1 capital - Reserve Capital Instruments – (1,275) (1,980)
– Less: Non-controlling Tier 2 capital (573) (572) (547)
Other regulatory adjustments (138) (317) (67)
Regulatory adjustments and deductions:
Own credit cumulative gain (net of tax) (2,680) (621) (340)
Defined benefit pension adjustment (1,241) 99 431
Unrealised losses on available for sale debt securities 555 340 83
Unrealised gains on available for sale equity (recognised as Tier 2 capital) (828) – (309)
Cash flow hedging reserve (1,442) (152) (252)
Goodwill and intangible assets (7,560) (8,326) (8,345)
50% excess of expected losses over impairment (net of tax) (506) (268) (17)
50% of securitisation positions (1,577) (2,360) (2,799)
Other regulatory adjustments 95 368 357
Core Tier 1 capital 43,066 42,861 38,437
Other Tier 1 capital:
Preference shares 6,235 6,317 6,256
Tier 1 notesa530 1,046 1,017
Reserve Capital Instruments 2,895 6,098 6,724
Regulatory adjustments and deductions:
50% of material holdings (2,382) (2,676) (2,805)
50% tax on excess of expected losses over impairment 129 (100) 8
Total Tier 1 capital 50,473 53,546 49,637
Tier 2 capital:
Undated subordinated liabilities 1,657 1,648 1,350
Dated subordinated liabilities 15,189 16,565 15,657
Non-controlling Tier 2 capital 573 572 547
Reserves arising on revaluation of property 25 29 26
Unrealised gains on available for sale equity 828 – 309
Collectively assessed impairment allowances 2,385 2,409 2,443
Tier 2 deductions:
50% of material holdings (2,382) (2,676) (2,805)
50% excess of expected losses over impairment (gross of tax) (635) (168) (25)
50% of securitisation positions (1,577) (2,360) (2,799)
Total capital regulatory adjustments and deductions:
Investments that are not material holdings or qualifying holdings (1,991) (1,622) (137)
Other deductions from total capital (597) (628) (743)
Total regulatory capital 63,948 67,315 63,460
Note
a Tier 1 notes are included in subordinated liabilities in the consolidated balance sheet.
Barclays PLC Annual Report 2011 www.barclays.com/annualreport 133
The strategic report Governance Risk management Financial review Financial statements Shareholder information