Barclays 2003 Annual Report Download - page 54

Risk Management
Potential Credit Risk Lendings
52
Non-performing loans 2003 2002 2001 2000 1999
£m £m £m £m £m
Non-accrual loans:
United Kingdom 1,572 1,557 1,292 1,223 1,007
Other European Union 143 1089096122
United States 383 744 306 119 47
Rest of the World 163 133 235 101 75
Total 2,261 2,542 1,923 1,539 1,251
Accruing loans where interest is being suspended with or without provisions:
United Kingdom 559 480 386 351 326
Other European Union 46 35 30 36 19
United States –––––
Rest of the World 41 96 145 109 91
Total 646 611 561 496 436
Other accruing loans against which provisions have been made:
United Kingdom 610 609 660 474 423
Other European Union 33 27 20 71 42
United States ––11 2 38
Rest of the World 26 41 43 76 50
Total 669 677 734 623 553
Sub totals:
United Kingdom 2,741 2,646 2,338 2,048 1,756
Other European Union 222 170 140 203 183
United States 383 744 317 121 85
Rest of the World 230 270 423 286 216
Total 3,576 3,830 3,218 2,658 2,240
Accruing loans 90 days overdue, against which no provisions have been made:
United Kingdom 566 687 621 695 343
Other European Union 93 – 1 –
United States –––––
Rest of the World ––27 17 18
Total 575 690 648 713 361
Reduced rate loans:
United Kingdom 44466
Other European Union –––––
United States –––––
Rest of the World –21– 2
Total 46568
Total non-performing loans:
United Kingdom 3,311 3,337 2,963 2,749 2,105
Other European Union 231 173 140 204 183
United States 383 744 317 121 85
Rest of the World 230 272 451 303 236
Total 4,155 4,526 3,871 3,377 2,609
Potential problem loans 2003 2002 2001 2000 1999
£m £m £m £m £m
United Kingdom 1,139 994 968 728 648
Other European Union 23 –2223
United States 259 241 369 313 5
Rest of the World 56 69 63 64 35
Total 1,477 1,304 1,402 1,107 711
Interest forgone on non-performing loans
The total interest income that would have been recognised under the original contractual terms of the non-performing loans in 2003 was £312m
(2002: £275m) of which £247m (2002: £209m) related to loans recorded in the UK and £65m (2002: £66m) related to foreign loans. Interest income
of approximately £47m (2002: £22m) from such loans was included in profit, of which £39m (2002: £21m) related to domestic lending and the
remainder to foreign lending. The balance was not received or was suspended.
Ratios of provisions to non-performing loans and potential credit risk lendings appear in the next section on page 59, following the discussion
of provisions.