Barclays 2005 Annual Report Download - page 130

Deposits
Average: year ended 31st December
IFRS UK GAAP
2005 2004(a) 2003
£m £m £m
Deposits from banks
Customers in the United Kingdom 9,703 14,216 41,034
Customers outside the
United Kingdom:
Other European Union 29,092 51,656 2,696
United States 8,670 27,623 597
Africa 3,236 1,168 209
Rest of the World 39,060 38,969 6,606
Total deposits from banks 89,761 133,632 51,142
Customer accounts
Customers in the United Kingdom 155,252 140,486 170,689
Customers outside the
United Kingdom:
Other European Union 20,773 22,175 6,935
United States 15,167 38,818 3,671
Africa 17,169 5,068 3,121
Rest of the World 16,911 14,761 3,706
Customer accounts 225,272 221,308 188,122
A further analysis of deposits from banks and customer accounts
at 2005 is given in Note 30 and Note 31 to the accounts.
Short-term Borrowings
Short-term borrowings include deposits by banks as reported in
‘Deposits’, Commercial paper and negotiable certificates of deposit.
Deposits from Banks
Deposits from banks are taken from a wide range of counterparties
and generally have maturities of less than one year.
IFRS UK GAAP
2005 2004(a) 2003
£m £m £m
Year-end balance 75,127 111,024 57,641
Average balance 89,761 133,632 51,059
Maximum balance 103,397 155,971 77,195
Average interest rate
during year 2.6% 2.4% 2.3%
Year-end interest rate 3.6% 2.9% 2.5%
Commercial Paper
Commercial paper is issued by the Group, mainly in the United States,
generally in denominations of not less than $100,000, with maturities
of up to 270 days.
IFRS UK GAAP
2005 2004(a) 2003
£m £m £m
Year-end balance 28,275 20,948 4,426
Average balance 22,309 16,680 3,288
Maximum balance 28,598 20,948 6,284
Average interest rate
during year 3.4% 1.8% 1.1%
Year-end interest rate 4.5% 2.2% 1.6%
Negotiable Certificates of Deposit
Negotiable certificates of deposits are issued mainly in the UK and US,
generally in denominations of not less than $100,000.
IFRS UK GAAP
2005 2004 2003
£m £m £m
Year-end balance 43,109 37,213 28,536
Average balance 45,533 35,409 33,013
Maximum balance 53,456 44,934 40,274
Average interest rate
during year 3.5% 2.2% 2.2%
Year-end interest rate 4.5% 2.8% 2.1%
Financial review
Deposits and short-term borrowings
Barclays PLC
Annual Report 2005
128
Note
(a) Does not reflect the application of IAS 32, IAS 39 and IFRS 4 which became
effective from 1st January 2005. Further explanation is provided on page 134.