Barclays 2003 Annual Report Download - page 100

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Financial Review
Average Balance Sheet
Changes in net interest income – volume and rate analysis
The following tables allocate changes in net interest income between changes in volume and changes in interest rates for the last two years. Volume
and rate variances have been calculated on the movement in the average balances and the change in the interest rates on average interest earning
assets and average interest bearing liabilities. Where variances have arisen from changes in both volumes and interest rates, these have been allocated
proportionately between the two.
2003/2002 Change due 2002/2001 Change due
to increase/(decrease) in: to increase/(decrease) in:
Total Total
change Volume Rate change Volume Rate
£m £m £m £m £m £m
Interest receivable
Treasury bills and other eligible bills:
in offices in the United Kingdom (37) (15) (22) (31) 24 (55)
in offices outside the United Kingdom –16(16)(23) (11) (12)
(37) 1 (38) (54) 13 (67)
Loans and advances to banks:
in offices in the United Kingdom 13 62 (49) 215 221 (6)
in offices outside the United Kingdom (53) (34) (19) (104) (13) (91)
(40) 28 (68) 111 208 (97)
Loans and advances to customers:
in offices in the United Kingdom 92 536 (444) (694) 685 (1,379)
in offices outside the United Kingdom 419(15)(366) 137 (503)
96 555 (459) (1,060) 822 (1,882)
Lease receivables:
in offices in the United Kingdom 6 13 (7) (36) (8) (28)
in offices outside the United Kingdom 431(3) – (3)
10 16 (6) (39) (8) (31)
Debt securities:
in offices in the United Kingdom 384 718 (334) (279) 172 (451)
in offices outside the United Kingdom (30) (28) (2) (93) (21) (72)
354 690 (336) (372) 151 (523)
Total banking business interest receivable:
in offices in the United Kingdom 458 1,314 (856) (825) 1,094 (1,919)
in offices outside the United Kingdom (75) (24) (51) (589) 92 (681)
383 1,290 (907) (1,414) 1,186 (2,600)
Total trading business interest receivable 629 764 (135) (1,065) 989 (2,054)
Total interest receivable 1,012 2,054 (1,042) (2,479) 2,175 (4,654)
98