Barclays 2003 Annual Report Download - page 57

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Barclays PLC Annual Report 2003 55
Provisions charge analysis
Provision balances
Provisioning decisions result in changes to the provisioning balances, the cumulative effects of which are shown below.
Analysis of provision balances for bad and doubtful debts As at 31st December
2003 2002 2001 2000 1999
£m £m £m £m £m
Specific provisions
United Kingdom 1,856 1,790 1,605 1,343 1,083
Other European Union 97 84 89 112 131
United States(a) 121 257 89 20 23
Rest of the World 159 130 188 118 74
Total specific provisions 2,233 2,261 1,971 1,593 1,311
General provisions 795 737 745 760 672
Total provisions 3,028 2,998 2,716 2,353 1,983
Average loans and advances for the year (excluding trading business) 184,765 174,764 157,904 122,333 106,488
(including trading business) 285,963 256,789 223,221 176,938 147,139
Note
(a) The US charge includes provisions raised against South American Corporate Banking exposures booked in the US.
0
1,000
500
1,500
2,000
2,500
1993 1994 1995 1996£m
3,000
4,000
Specific
General
3,500
2,975
2,342
1,875
1,374
3,764
3,192
2,728
2,130
1997
1,122
1,850
1998
1,215
1,943
1999
1,311
1,983
2000
1,593
2,353
2001
1,971
2,716
2002
2,261
2,998
2003
2,233
3,028
789
850
853
756 728 728 672
760
745 737 795
200
600
400
800
1,000
1,200
2001
0
-200
-400
£m
1,400
1,800
Total provisions charge
General provision – Charge/(release)
Specific provisions – Releases and recoveries
Specific provisions – New and increased
1,600 1,628
1,347
2002 2003
1,440
-16
1,149
-275 -308
27
1,719
1,484
-233
-2