Barclays 2014 Annual Report Download - page 209

barclays.com/annualreport Barclays PLC Annual Report 2014 I 207
Expected maturity dates do not differ significantly from the contract dates, except for:
Q Trading portfolio assets and liabilities and derivative financial instruments, which may not be held to maturity as part of the Group’s trading
strategies;
Q Retail deposits, which are included within customer accounts, are repayable on demand or at short notice on a contractual basis. In practice,
these instruments form a stable base for the Group’s operations and liquidity needs because of the broad base of customers – both numerically
and by depositor type (see Behavioural maturity profile on page 197); and
Q Financial assets designated at fair value held in respect of linked liabilities, which are managed with the associated liabilities.
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).
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 (including BAGL) (audited)
As at 31 December 2014
On
demand
£m
Not more
than three
months
£m
Over three
months
but not
more
than six
months
£m
Over six
months
but not
more
than one
year
£m
Over one
year but
not more
than three
years
£m
Over three
years but
not more
than five
years
£m
Over five
years but
not more
than ten
years
£m
Over ten
years
£m
Total
£m
Deposits from banks 7,978 48,155 1,042 804 287 75 62 29 58,432
Items in the course of collection
due to other banks 1,177 – – – – – – – 1,177
Customer accounts 317,449 86,659 7,364 8,854 4,851 1,399 1,046 2,218 429,840
Repurchase agreements and other
similar secured lending 40 111,769 7,178 4,837 236 – 428 – 124,488
Trading portfolio liabilities 45,124 – – – – – – – 45,124
Financial liabilities designated at
fair value 665 6,561 3,508 7,378 12,854 10,285 7,170 14,273 62,694
Derivative financial instruments 438,623 30 7 17 137 85 314 341 439,554
Debt securities in issue 10 19,481 11,406 14,952 19,416 11,352 12,075 2,760 91,452
Subordinated liabilities – 380 324 171 1,403 4,339 11,218 6,683 24,518
Other financial liabilities – 3,060 – – 815 – – – 3,875
Total financial liabilities 811,066 276,095 30,829 37,013 39,999 27,535 32,313 26,304 1,281,154
As at 31 December 2013
Deposits from banks 7,005 41,966 739 999 4,832 124 – 70 55,735
Items in the course of collection
due to other banks 1,037 333 – – – – – – 1,370
Customer accounts 293,708 107,056 8,747 12,316 5,317 2,858 2,576 2,501 435,079
Repurchase agreements and other
similar secured lending 76 189,401 4,375 1,470 1,395 36 – – 196,753
Trading portfolio liabilities 53,464 – – – – – – – 53,464
Financial liabilities designated at
fair value 636 8,259 5,115 8,285 18,128 10,909 7,978 12,799 72,109
Derivative financial instruments 345,845 12 13 20 219 231 716 530 347,586
Debt securities in issue 72 22,741 10,793 14,799 19,562 9,630 11,638 3,175 92,410
Subordinated liabilities – 631 404 433 2,154 4,928 11,974 7,143 27,667
Other financial liabilities – 3,471 – – 1,478 – – – 4,949
Total financial liabilities 701,843 373,870 30,186 38,322 53,085 28,716 34,882 26,218 1,287,122
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