Barclays 2003 Annual Report Download - page 135

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13 Treasury bills and other eligible bills
2003 2002
£m £m
Treasury bills 6,600 5,389
Other eligible bills 577 2,256
7,177 7,645
Treasury bills and other eligible bills comprise:
Banking business 3,113 4,759
Trading business 4,064 2,886
7,177 7,645
Treasury bills and other eligible bills are mainly short term in maturity with a book value not materially different from market value.
The total amount of treasury bills and other eligible bills included above, which are subject to sale and repurchase agreements, was £nil at
31st December 2003 (2002: £10m).
14 Loans and advances to banks
2003 2002
£m £m
Repayable
on demand 1,893 1,973
not more than three months 46,146 44,124
over three months but not more than one year 4,996 4,286
over one year but not more than five years 5,207 7,566
over five years 3,698 307
61,940 58,256
Less: Provisions (16) (82)
61,924 58,174
2003 2002
£m £m
By geographical area
Banking business:
United Kingdom 14,315 11,510
Other European Union 1,702 2,154
United States 110 256
Rest of the World 1,143 1,531
17,270 15,451
Less: Provisions (16) (82)
Total banking business 17,254 15,369
Total trading business 44,670 42,805
61,924 58,174
At 31st December 2003, there were loans and advances to banks of £27m (2002: £9m) due from associated undertakings and joint ventures.
The Group is required to maintain balances with central banks and other regulatory authorities and these amounted to £346m at 31st December
2003 (2002: £565m).
Additional analyses are provided within the loans and advances, provisions for bad and doubtful debts and potential credit risk lendings sections on
pages 43 to 59.
The geographic analysis of the banking business is based on the location of the office from which the lendings are made. The trading business, which
is largely carried out in the UK, the US and Japan, is more international in nature and has not been analysed geographically. It primarily constitutes
settlement and reverse repo balances.
Provisions include specific provisions of £12m (2002: £77m) and general provisions of £4m (2002: £5m).
Barclays PLC Annual Report 2003 133