Barclays 2004 Annual Report Download - page 120
Download and view the complete annual report
Please find page 120 of the 2004 Barclays annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110 -
111 -
112 -
113 -
114 -
115 -
116 -
117 -
118 -
119 -
120 -
121 -
122 -
123 -
124 -
125 -
126 -
127 -
128 -
129 -
130 -
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
-
205
-
206
-
207
-
208
-
209
-
210
-
211
-
212
-
213
-
214
-
215
-
216
-
217
-
218
-
219
-
220
-
221
-
222
-
223
-
224
-
225
-
226
-
227
-
228
-
229
-
230
-
231
-
232
-
233
-
234
-
235
-
236
-
237
-
238
-
239
-
240
-
241
-
242
-
243
-
244
-
245
-
246
-
247
-
248
-
249
-
250
-
251
-
252
-
253
-
254
-
255
-
256
 |
 |
Financial review
Securities
In addition to UK government securities shown above, at 31st December 2004 and 2003 the Group held the following government securities
which exceeded 10% of shareholders’ funds.
2004 2003
Book value Valuation Book value Valuation
£m £m £m £m
United States government securities 14,334 14,349 10,155 10,203
Japanese government securities 8,494 8,512 9,802 9,806
Italian government securities 6,900 6,930 5,770 5,835
German government securities 6,215 6,229 4,468 4,504
French government securities 3,035 3,035 2,674 2,697
Spanish government securities 2,597 2,631 2,594 2,650
Maturities and yield of investment debt securities
Maturing within Maturing after one but Maturing after five but Maturing after
one year: within five years: within ten years: ten years: Total
Amount Yield Amount Yield Amount Yield Amount Yield Amount yield
£m % £m % £m % £m % £m %
Government 2,271 3.1 5,660 3.5 3,609 3.9 337 0.8 11,877 3.5
Other public bodies 9–12–––––21–
Other issuers 9,080 3.7 13,883 2.8 670 4.4 4,226 3.7 27,859 3.3
Total book value 11,360 3.6 19,555 3.0 4,279 4.0 4,563 3.5 39,757 3.3
Total valuation 11,379 19,660 4,346 4,586 39,971
The yield for each range of maturities is calculated by dividing the annualised interest income prevailing at 31st December 2004 by the book
value of securities held at that date. Yields on certain US securities, which are exempt from tax, have been calculated using interest income
adjusted to reflect a taxable equivalent basis.
118