Barclays 2012 Annual Report Download - page 165

The strategic report Governance Risk review Financial review Financial statements Risk management Shareholder information
Capital Composition
Key capital ratios
As at 31 December 2012 2011
Core Tier 1 10.9% 11.0%
Tier 1 13.3% 12.9%
Total capital 17.1% 16.4%
Capital Resources (audited)
As at 31 December 2012
£m
2011
£m
Shareholders’ equity (excluding non-controlling interests) per balance sheet 53,586 55,589
Own credit cumulative loss/(gain)a804 (2,680)
Unrealised (gains)/losses on available for sale debt securitiesa,b (417) 803
Unrealised gains on available for sale equity (recognised as Tier 2 capital)a(110) (828)
Cash flow hedging reservea(2,099) (1,442)
Non-controlling interests per balance sheet 9,371 9,607
– Less: Other Tier 1 capital – preference shares (6,203) (6,235)
– Less: Other Tier 1 capital – reserve capital instruments – –
– Less: Non-controlling Tier 2 capital (547) (573)
Other regulatory adjustments to non-controlling interests (171) (138)
Other regulatory adjustments and deductions:
Defined benefit pension adjustmenta(2,445) (1,241)
Goodwill and intangible assetsa(7,622) (7,560)
50% excess of expected losses over impairmenta(648) (506)
50% of securitisation positions (1,206) (1,577)
Other regulatory adjustmentsb(172) (153)
Core Tier 1 capital 42,121 43,066
Other Tier 1 capital:
Preference shares 6,203 6,235
Tier 1 notesc509 530
Reserve capital instruments 2,866 2,895
Regulatory adjustments and deductions:
50% of material holdings (241) (2,382)
50% of the tax on excess of expected losses over impairment 176 129
Total Tier 1 capital 51,634 50,473
Tier 2 capital:
Undated subordinated liabilities 1,625 1,657
Dated subordinated liabilities 14,066 15,189
Non-controlling Tier 2 capital 547 573
Reserves arising on revaluation of propertya39 25
Unrealised gains on available for sale equitya110 828
Collectively assessed impairment allowances 2,002 2,385
Tier 2 deductions:
50% of material holdings (241) (2,382)
50% excess of expected losses over impairment (gross of tax) (824) (635)
50% of securitisation positions (1,206) (1,577)
Total capital regulatory adjustments and deductions:
Investments that are not material holdings or qualifying holdings (1,139) (1,991)
Other deductions from total capital (550) (597)
Total regulatory capital 66,063 63,948
Notes
a The capital impacts of these items are net of tax.
b Available for sale reserves for debt securities has been revised to include the adjustment for the scope of regulatory consolidation previously disclosed in other
regulatory adjustments.
c Tier 1 notes are included in subordinated liabilities in the consolidated balance sheet.
barclays.com/annualreport Barclays PLC Annual Report 2012 I 163