Barclays 2004 Annual Report Download - page 101

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Barclays PLC Annual Report 2004
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 %
Liabilities and shareholders’ funds
Deposits by banks:
in offices in the United Kingdom 46,669 1,225 2.6 40,959 993 2.4 31,880 987 3.1
in offices outside the United Kingdom 16,610 310 1.9 10,100 184 1.8 8,908 200 2.2
Customer accounts –
demand deposits:
in offices in the United Kingdom 20,829 310 1.5 18,788 170 0.9 16,260 164 1.0
in offices outside the United Kingdom 3,317 31 0.9 3,497 48 1.4 1,846 27 1.5
Customer accounts –
savings deposits:
in offices in the United Kingdom 47,583 1,325 2.8 45,565 999 2.2 41,722 982 2.4
in offices outside the United Kingdom 1,117 21 1.9 813 26 3.2 1,262 32 2.5
Customer accounts –
other time deposits – retail:
in offices in the United Kingdom 34,518 1,306 3.8 35,228 1,171 3.3 40,075 1,303 3.3
in offices outside the United Kingdom 4,526 118 2.6 3,678 103 2.8 5,479 139 2.5
Customer accounts –
other time deposits – wholesale:
in offices in the United Kingdom 58,023 1,798 3.1 57,364 1,634 2.8 35,607 1,175 3.3
in offices outside the United Kingdom 13,262 342 2.6 8,193 247 3.0 7,959 231 2.9
Debt securities in issue:
in offices in the United Kingdom 32,303 1,052 3.3 34,811 949 2.7 28,596 1,061 3.7
in offices outside the United Kingdom 17,218 336 2.0 11,906 244 2.0 11,728 339 2.9
Dated and undated loan capital
and other subordinated liabilities
principally in offices in the
United Kingdom 12,740 692 5.4 12,312 684 5.6 11,012 645 5.9
Internal funding of trading business (72,291) (2,045) (2.8) (58,436) (1,631) (2.8) (42,626) (1,429) (3.4)
Average liabilities of banking business 236,424 6,821 2.9 224,778 5,821 2.6 199,708 5,856 2.9
Average liabilities of trading business 305,869 7,414 2.4 191,240 4,933 2.6 162,858 4,297 2.6
Total average interest
bearing liabilities 542,293 14,235 2.6 416,018 10,754 2.6 362,566 10,153 2.8
Interest free customer deposits:
in offices in the United Kingdom 15,351 13,819 11,614
in offices outside the United Kingdom 1,294 1,260 2,132
Other non-interest bearing liabilities 48,613 45,392 38,184
Minority and other interests
and shareholders’ funds 17,328 16,326 15,274
Total average liabilities, shareholders’
funds and interest expense 624,879 14,235 2.3 492,815 10,754 2.2 429,770 10,153 2.4
Percentage of total average
non-capital liabilities in offices
outside the United Kingdom 26.7% 23.1% 25.5%
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.