Barclays 2005 Annual Report Download - page 165

Barclays PLC
Annual Report 2005 163
3.5
15 Derivative financial instruments (continued)
The amount of movement in fair value that has been recognised in net interest income in relation to ineffectiveness is:
2005
Cash Fair Hedge
flow value of net
hedges hedges investment
£m £m £m
Ineffectiveness (34) 40 (5)
16 Loans and advances to banks
2005 2004
£m £m
Repayable:
on demand 3,929 1,699
not more than three months 15,921 12,321
over three months but not more than one year 5,175 2,105
over one year but not more than five years 2,631 1,552
over five years 3,453 1,903
Total 31,109 19,580
Reverse repurchase agreements n/a 61,075
Less: Allowance for impairment/provisions (Note 18) (4) (23)
Loans and advances to banks 31,105 80,632
By geographical area
United Kingdom 4,624 3,949
Other European Union 5,423 1,813
United States 13,267 7,668
Africa 880 425
Rest of the World 6,915 5,725
Total 31,109 19,580
Reverse repurchase agreements n/a 61,075
Less: Allowance for impairment/provisions (Note 18) (4) (23)
Loans and advances to banks 31,105 80,632
The Group is required to maintain balances with central banks and other regulatory authorities and these amounted to £1,218m at
31st December 2005 (2004: £621m).
Information relating to effective interest rates can be found in Note 55.
The geographical analysis is based on the location of the customer to which the lendings are made.