Barclays 2011 Annual Report Download - page 152

Risk management
Funding risk – Liquidity continued
Contractual maturity of financial liabilities on an undiscounted basis (audited)
The table below presents the cash flows payable by the Group under financial liabilities by remaining contractual maturities at the balance sheet date.
The amounts disclosed in the table are the contractual undiscounted cash flows of all financial liabilities (i.e. nominal values); whereas the Group
manages the inherent liquidity risk based on discounted expected cash inflows.
The balances in the below table do not agree directly to the balances in the consolidated balance sheet as the table incorporates all cash flows,
on an undiscounted basis, related to both principal as well as those associated with all future coupon payments.
Derivative financial instruments held for trading and trading portfolio liabilities are included in the on demand column at their fair value.
Financial liabilities designated at fair value in respect of linked liabilities under investment contracts have been excluded from this analysis as the Group
is not exposed to liquidity risk arising from them.
Contractual maturity of financial liabilities – undiscounted (audited)
On demand
£m
Within one
year
£m
Over one
year
but not
more than
five years
£m
Over five
years
£m
Total
£m
As at 31 December 2011
Deposits from banks 7,866 81,308 1,651 409 91,234
Items in the course of collection due to other banks 965 4 – – 969
Customer accounts 213,927 139,617 9,418 5,659 368,621
Reverse repurchase agreements and other similar secured lending 23 207,000 257 41 207,321
Trading portfolio liabilities 45,887 – – – 45,887
Financial liabilities designated at fair value 1,525 28,147 39,459 30,743 99,874
Derivative financial instruments 524,551 828 1,512 2,333 529,224
Debt securities in issue 75 74,953 40,983 21,754 137,765
Subordinated liabilities – 1,002 4,456 27,584 33,042
Other financial liabilities – 3,629 1,594 – 5,223
Total financial liabilities 794,819 536,488 99,330 88,523 1,519,160
Off-balance sheet items
Loan commitments 223,622 12,071 3,548 1,125 240,366
Other commitments 364 793 198 6 1,361
Total off-balance sheet items 223,986 12,864 3,746 1,131 241,727
Total financial liabilities and off-balance sheet items 1,018,805 549,352 103,076 89,654 1,760,887
At 31 December 2010
Deposits from banks 5,754 70,197 1,636 613 78,200
Items in the course of collection due to other banks 1,312 9 – – 1,321
Customer accounts 230,880 103,119 9,169 3,446 346,614
Reverse repurchase agreements and other similar secured lending 907 223,589 1,099 71 225,666
Trading portfolio liabilities 72,693 – – – 72,693
Financial liabilities designated at fair value 1,237 32,408 45,573 34,745 113,963
Derivative financial instruments 403,163 509 1,478 1,131 406,281
Debt securities in issue 17 103,437 39,519 26,304 169,277
Subordinated liabilities – 1,934 5,645 26,785 34,364
Other financial liabilities – 4,295 990 – 5,285
Total financial liabilities 715,963 539,497 105,109 93,095 1,453,664
Off-balance sheet items
Loan commitments 188,958 17,755 5,912 10,416 223,041
Other commitments 227 806 183 – 1,216
Total off-balance sheet items 189,185 18,561 6,095 10,416 224,257
Total financial liabilities and off-balance sheet items 905,148 558,058 111,204 103,511 1,677,921
150 Barclays PLC Annual Report 2011 www.barclays.com/annualreport