Barclays 2014 Annual Report Download - page 286

284 I Barclays PLC Annual Report 2014 barclays.com/annualreport
Notes to the financial statements
Assets and liabilities held at fair value
18 Fair value of financial instruments continued
Level 3 movement analysis continued
Analysis of movements in Level 3 assets and liabilities
As at
1 January
2013
£m
Purchases
£m
Sales
£m
Issues
£m
Settlements
£m
Total gains and losses in
the period recognised in
the income statement
Total
gains
or losses
recognised
in OCI
£m
Transfers As at 31
December
2013
£m
Trading
income
£m
Other
income
£m
In
£m
Out
£m
Government and
government sponsored debt 321 135 (199) 82 (23) (3) (11) – – (141) 161
Corporate debt 3,136 84 (83) – – (46) – – – (52) 3,039
Asset backed securities 3,614 2,773 (4,729) – (389) 831 – – 50 (39) 2,111
Non asset backed loans 344 91 (281) 35 (37) 16 – – 8 – 176
Funds and fund linked products 685 – (64) – – (95) – – – (32) 494
Other 414 46 (42) – (44) 44 – – 34 (12) 440
Trading portfolio assets 8,514 3,129 (5,398) 117 (493) 747 (11) – 92 (276) 6,421
Commercial real estate loans 1,798 1,542 (1,717) – (526) 156 2 – 2 (59) 1,198
Non asset backed loans 2,021 390 (1) – (208) (1,441) (107) – 15,317 (15) 15,956
Asset backed loans 564 595 (748) – (23) 106 – – – (119) 375
Private equity investments 1,350 161 (134) – (87) 50 (139) – 18 (51) 1,168
Other 353 11 (237) – (28) (36) (1) – 105 (94) 73
Financial assets designated
at fair value 6,086 2,699 (2,837) – (872) (1,165) (245) – 15,442 (338) 18,770
Asset backed securities 492 – (521) – (29) (1) 30 30 – – 1
Government and
government sponsored debt 46 13 – – (1) – 1 – – – 59
Other 2,342 25 (77) – (471) 1 255 2 36 (28) 2,085
Available for sale investments 2,880 38 (598) – (501) – 286 32 36 (28) 2,145
Othera1,686 151 (1,210) – – 17 (31) – – (162) 451
Trading portfolio liabilities (2) (1) – – – 1 – – – 2 –
Certificates of deposit,
commercial paper and other
money market instruments (760) – – – 7 204 93 – – 47 (409)
Issued debt (1,439) – 9 (67) 319 60 6 – (205) 153 (1,164)
Other (156) (2) 1 – (2) (3) 3 – – 92 (67)
Financial liabilities
designated at fair value (2,355) (2) 10 (67) 324 261 102 – (205) 292 (1,640)
Interest rate derivatives 149 (26) (1) – 31 262 2 – (26) (406) (15)
Credit derivatives 1,776 95 (66) (2) 54 (488) (81) – (74) 206 1,420
Equity derivatives (608) 301 (1) (394) (48) 151 2 – (85) 81 (601)
Commodity derivatives 117 (57) – (44) 42 66 1 – (146) (120) (141)
Foreign exchange derivatives (40) – – – 145 (44) 1 – (10) (21) 31
Other (164) – – – – – – – – 164 –
Net derivative financial
instrumentsb1,230 313 (68) (440) 224 (53) (75) – (341) (96) 694
Total 18,039 6,327 (10,101) (390) (1,318) (192) 26 32 15,024 (606) 26,841
Notes
a Other consists of investment property. Non-current assets held for sale of £15,574m (2013: £495m) and liabilities in a disposal group classified as held for sale of £13,115m (2013:
nil) are not included as these are measured at fair value on a non-recurring basis. £(58)m of transfers out as at 31 December 2014 refers to investment property transferred to the
disposal group classified as held for sale.
b The derivative financial instruments are represented on a net basis. On a gross basis, derivative financial assets are £4,745m (2013: £5,013m) and derivative financial liabilities are
£4,320m (2013: £4,319m)