Barclays 2005 Annual Report Download - page 124

Notes
(a) 2004 figures do not reflect the applications of IAS 32, and IAS 39 and IFRS 4 which became effective from 1st January 2005. Further explanation is provided
on page 134.
(b) 2003 reflects UK GAAP.
Barclays PLC
Annual Report 2005
122
Changes in net interest income – volume and rate analysis
The following tables allocate changes in net interest income between changes in volume and changes in interest rates for the last two years.
Volume and rate variances have been calculated on the movement in the average balances and the change in the interest rates on average interest
earning assets and average interest bearing liabilities. Where variances have arisen from changes in both volumes and interest rates, these have
been allocated proportionately between the two.
2005/2004(a) Change due 2004(a)/2003(b) Change due
to increase/(decrease) in: to increase/(decrease) in:
Total Total
change Volume Rate change Volume Rate
£m £m £m £m £m £m
Interest receivable
Treasury bills and other eligible bills:
– in offices in the UK (68) (68) n/a (53) (80) 27
– in offices outside the UK (63) (63) n/a (3) 31 (34)
(131) (131) n/a (56) (49) (7)
Loans and advances to banks:
– in offices in the UK (237) (115) (122) 117 160 (43)
– in offices outside the UK 132 45 87 163 149 14
(105) (70) (35) 280 309 (29)
Loans and advances to customers:
– in offices in the UK 1,419 1,681 (262) 1,006 523 483
– in offices outside the UK 1,705 787 918 134 301 (167)
3,124 2,468 656 1,140 824 316
Lease receivables:
– in offices in the UK 128 78 50 5 20 (15)
– in offices outside the UK 96 91 5 2 7 (5)
224 169 55 7 27 (20)
Debt securities:
– in offices in the UK (2,129) (2,129) n/a (45) (285) 240
– in offices outside the UK (338) (338) n/a 128 241 (113)
(2,467) (2,467) n/a 83 (44) 127
Financial investments:
– in offices in the UK 1,755 1,755 n/a n/a n/a n/a
– in offices outside the UK 467 467 n/a n/a n/a n/a
2,222 2,222 n/a n/a n/a n/a
External trading assets:
– in offices in the UK and (4,971) (4,971) n/a 1,382 2,051 (669)
– outside the UK (2,224) (2,224) n/a 812 654 158
(7,195) (7,195) n/a 2,194 2,705 (511)
Reverse repurchase agreements and cash collateral
on securities borrowed:
– in offices in the UK 4,617 4,617 n/a n/a n/a n/a
– in offices outside the UK 2,724 2,724 n/a n/a n/a n/a
7,341 7,341 n/a n/a n/a n/a
Trading portfolio assets:
– in offices in the UK 2,710 2,710 n/a n/a n/a n/a
– in offices outside the UK 2,116 2,116 n/a n/a n/a n/a
4,826 4,826 n/a n/a n/a n/a
Total interest receivable:
– in offices in the UK 3,224 3,558 (334) 2,412 2,389 23
– in offices outside the UK 4,615 3,605 1,010 1,236 1,383 (147)
7,839 7,163 676 3,648 3,772 (124)
Financial review
Average balance sheet