Barclays 2004 Annual Report Download - page 148

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Notes to the accounts
For the year ended 31st December 2004
13 Loans and advances to banks (continued)
2004 2003
£m £m
By geographical area
Banking business:
United Kingdom 21,351 14,315
Other European Union 1,189 1,702
United States 753 110
Rest of the World 1,699 1,143
24,992 17,270
Less: Provisions (6) (16)
Total banking business 24,986 17,254
Total trading business 50,145 44,670
75,131 61,924
At 31st December 2004, there were loans and advances to banks of £54m (2003: £27m) due from associated undertakings and joint ventures.
The Group is required to maintain balances with central banks and other regulatory authorities and these amounted to £621m at 31st December
2004 (2003: £346m).
The geographic analysis of the banking business is based on the location of the office from which the lendings are made. The trading business,
which is largely carried out in the UK, the US and Japan, is more international in nature and has not been analysed geographically. It primarily
constitutes settlement and reverse repo balances.
Provisions include specific provisions of £2m (2003: £12m) and general provisions of £4m (2003: £4m).
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