Barclays 2003 Annual Report Download - page 99

Barclays PLC Annual Report 2003 97
Average balance sheet and net interest income (year ended 31st December)
2003 2002 2001
Average Average Average Average Average Average
balance Interest rate balance Interest rate balance Interest rate
£m £m % £m £m % £m £m %
Liabilities and shareholders’ funds
Deposits by banks:
in offices in the United Kingdom 40,959 993 2.4 31,880 987 3.1 27,547 1,144 4.2
in offices outside the United Kingdom 10,100 184 1.8 8,908 200 2.2 10,548 366 3.5
Customer accounts –
demand deposits:
in offices in the United Kingdom 18,788 170 0.9 16,260 164 1.0 14,646 209 1.4
in offices outside the United Kingdom 3,497 48 1.4 1,846 27 1.5 1,734 37 2.1
Customer accounts –
savings deposits:
in offices in the United Kingdom 45,565 999 2.2 41,722 982 2.4 37,341 1,153 3.1
in offices outside the United Kingdom 813 26 3.2 1,262 32 2.5 1,297 50 3.9
Customer accounts –
other time deposits – retail:
in offices in the United Kingdom 35,228 1,171 3.3 40,075 1,303 3.3 38,521 1,906 4.9
in offices outside the United Kingdom 3,678 103 2.8 5,479 139 2.5 5,611 251 4.5
Customer accounts –
other time deposits – wholesale:
in offices in the United Kingdom 57,364 1,634 2.8 35,607 1,175 3.3 31,474 1,316 4.2
in offices outside the United Kingdom 8,193 247 3.0 7,959 231 2.9 7,240 340 4.7
Debt securities in issue:
in offices in the United Kingdom 34,811 949 2.7 28,596 1,061 3.7 30,378 1,546 5.1
in offices outside the United Kingdom 11,906 244 2.0 11,728 339 2.9 11,083 522 4.7
Dated and undated loan capital
and other subordinated liabilities
principally in offices in the
United Kingdom 12,312 684 5.6 11,012 645 5.9 9,165 601 6.6
Internal funding of trading business (58,436) (1,631) (2.8) (42,626) (1,429) (3.4) (42,480) (1,953) (4.6)
Average liabilities of
banking business 224,778 5,821 2.6 199,708 5,856 2.9 184,105 7,488 4.1
Average liabilities of
trading business 191,240 4,933 2.6 162,858 4,297 2.6 134,609 5,824 4.3
Total average interest
bearing liabilities 416,018 10,754 2.6 362,566 10,153 2.8 318,714 13,312 4.2
Interest free customer deposits:
in offices in the United Kingdom 13,819 11,614 10,282
in offices outside the United Kingdom 1,260 2,132 2,151
Other non-interest
bearing liabilities 45,276 38,172 38,828
Minority and other interests
and shareholders’ funds 16,442 15,286 14,229
Total average liabilities, shareholders’
funds and interest expense 492,815 10,754 2.2 429,770 10,153 2.4 384,204 13,312 3.5
Percentage of total average
non-capital liabilities in offices
outside the United Kingdom 23.1% 25.5% 26.4%
Notes
(a) Loans and advances to customers and banks include all doubtful lendings, including non-accrual lendings. Interest receivable on such lendings
has been included to the extent to which either cash payments have been received or interest has been accrued in accordance with the income
recognition policy of the Group.
(b) Average balances are based upon daily averages for most UK banking operations and monthly averages elsewhere.
(c) The average balance sheet does not include the retail life-fund assets attributable to policyholders nor the related liabilities.
(d) Interest payable on average liabilities of banking business excludes non-margin interest.