Barclays 2005 Annual Report Download - page 224

55 Interest rate risk
The Group’s objectives and policies in managing the interest risks that arise in connection with the use of financial instruments are set out in
Note 56 under the heading ‘Market Risk Management’. The table below summarises the repricing profiles of the Group’s financial instruments and
other assets and liabilities as at 31st December 2005. Items are allocated to time periods by reference to the earlier of the next contractual interest
rate repricing date and the maturity date.
As at 31st December 2005
Over three Over six Over Over three Over
Weighted Not months months one year years five years
average more but not but not but not but not but not
effective than more more more more more Over Non-
interest three than six than one than three than five than ten ten Trading interest
rate months months year years years years years derivatives bearing Total
%£m£m£m£m£m£m£m£m£m£m
Assets
Cash and balances
at central banks 3.1% 3,695–––––––2113,906
Items in course of
collection from other banks n/a397–––––––1,504 1,901
Trading portfolio assets n/a 31,095 8,011 8,643 15,129 13,812 20,581 35,468 – 22,984 155,723
Financial assets designated
at fair value:
– Held on own account n/a 2,750 1,968 336 612 590 806 4,611 – 1,231 12,904
– Held in respect of linked
liabilities to customers
under investment
contracts n/a 1,936 76 458 1,834 930 3,252 12,852 – 61,855 83,193
Derivative financial
instruments n/a 3 1 174 115 32 329 3 136,166 – 136,823
Loans and advances
to banks 3.5% 27,454 589 11 18 6 14 1,206 – 1,807 31,105
Loans and advances
to customers 4.5% 175,632 26,086 12,255 22,248 10,874 5,574 6,657 – 9,570 268,896
Available for sale financial
instruments 4.2% 17,458 7,275 5,561 11,756 2,188 4,164 3,621 – 1,474 53,497
Reverse repurchase
agreements and cash
collateral on securities 3.4% 152,509 3,656 3,863 99 215 26 30 – – 160,398
Other assets n/a––––––––16,011 16,011
Total assets 412,929 47,662 31,301 51,811 28,647 34,746 64,448 136,166 116,647 924,357
Not more than three months includes instruments at floating interest rates.
Notes to the accounts
For the year ended 31st December 2005
Barclays PLC
Annual Report 2005
222