Barclays 2004 Annual Report Download - page 100

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Average balance sheet and net interest income (year ended 31st December)
2004 2003 2002
Average Average Average Average Average Average
balance Interest rate balance Interest rate balance Interest rate
£m £m % £m £m % £m £m %
Assets
Treasury bills and other eligible bills:
in offices in the United Kingdom 1,786 68 3.8 4,048 121 3.0 4,496 158 3.5
in offices outside the United Kingdom 1,988 63 3,2 1,222 66 5.4 960 66 6.9
Loans and advances to banks:
in offices in the United Kingdom 18,431 691 3.7 14,012 574 4.1 12,560 561 4.5
in offices outside the United Kingdom 3,689 93 2.5 4,272 108 2.5 5,535 161 2.9
Loans and advances to customers:
in offices in the United Kingdom 143,643 8,801 6.1 135,373 7,804 5.8 126,306 7,712 6.1
in offices outside the United Kingdom 28,486 1,262 4.4 26,323 1,136 4.3 25,896 1,132 4.4
Lease receivables:
in offices in the United Kingdom 5,562 252 4.5 4,520 215 4.8 4,245 209 4.9
in offices outside the United Kingdom 369 21 5.6 265 19 7.2 222 15 6.8
Debt securities:
in offices in the United Kingdom 51,508 2,077 4.0 58,435 2,174 3.7 40,115 1,790 4.5
in offices outside the United Kingdom 8,624 337 3.9 4,267 210 4.9 4,843 240 5.0
Average assets of banking business 264,086 13,665 5.2 252,737 12,427 4.9 225,178 12,044 5.3
Average assets of trading business 295,304 7,195 2.4 189,446 5,001 2.6 160,647 4,372 2.7
Total average interest earning assets 559,390 20,860 3.7 442,183 17,428 3.9 385,825 16,416 4.2
Provisions (2,907) (2,796) (2,808)
Non-interest earning assets 68,396 53,428 46,753
Total average assets and
interest income 624,879 20,860 3.3 492,815 17,428 3.5 429,770 16,416 3.8
Percentage of total average assets
in offices outside the United Kingdom 27.8% 26.6% 27.2%
Average interest earning assets
and net interest income:
Banking business 264,086 6,844 2.6 252,737 6,606 2.6 225,178 6,188 2.7
Trading business 295,304 (219) (0.1) 189,446 68 – 160,647 75 –
Non margin interest (2) – (2) – 17 –
Total average interest earning
assets and net interest income 559,390 6,623 1.2 442,183 6,672 1.5 385,825 6,280 1.6
Total average interest earning assets
related to:
Interest income 20,860 3.7 17,428 3.9 16,416 4.2
Interest expense (14,235) (2.5) (10,754) (2.4) (10,153) (2.6)
Adjustment for non margin interest (2) –(2) – 17 –
6,623 1.2 6,672 1.5 6,280 1.6
Financial review
Average balance sheet