Barclays 2005 Annual Report Download - page 270

Barclays PLC
Annual Report 2005
268
Notes to the accounts
For the year ended 31st December 2005
63 Differences between IFRS and US GAAP accounting principles (continued)
The following table provides the Group’s balance sheet on an IFRS presentation for 2005 and a UK GAAP presentation for 2004, incorporating those
adjustments required under US GAAP that are discussed on pages 262 to 265.
2005 2004
£m £m
Assets
Cash and balances at central banks 3,908 48,855(a)
Items in the course of collection from other banks 2,017 1,772
Treasury bills and other eligible bills n/a 5,002
Trading portfolio assets 243,000 n/a
Derivative financial instruments 32,607 n/a
Loans and advances to banks 31,105 57,380
Loans and advances to customers 288,963 279,438
Debt and equity securities n/a 151,242
Financial investments 55,403 n/a
Reverse repurchase agreements and cash collateral on securities borrowed 160,398 n/a
Other assets 15,557 42,113
Retail life-fund assets attributable to policyholders n/a 68,778
Total assets 832,958 654,580
Deposits from banks 69,389 139,461
Items in the course of collection due to other banks 2,341 1,205
Customer accounts 253,252 235,599
Trading portfolio liabilities 150,263 n/a
Derivative financial instruments 34,908 n/a
Debt securities in issue 125,600 78.989
Repurchase agreements and cash collateral on securities lent 141,760 n/a
Other liabilities 18,099 100,151
Subordinated liabilities 12,753 10,693
Retail life-fund liabilities attributable to policyholders n/a 68,778
Total liabilities 808,365 634,876
Shareholders’ equity excluding minority interest 18,461 16,953
Minority interests 6,132 2,751
Total shareholders’ equity 24,593 19,704
Total liabilities and shareholders’ equity 832,958 654,580
Segmental analysis of the Group is provided in Note 61, Segmental analysis. The significant differences for each segment under US GAAP are in
respect of netting adjustments as disclosed in Note 63(o), and the securitisation adjustment as disclosed in Note 63(l). The impact of these
adjustments is to decrease the total assets of Barclays Capital by £96,741m (2004: increase by £45,257m), increase the total assets of Barclays
Global Investors by £9,669m (2004: £68,354m), decrease the total assets of Barclaycard by £6,390m (2004: £3,122m).
Note
(a) In 2004, the US GAAP cash and cash equivalents figure was included in cash and balances at central banks. In 2005, cash and cash equivalents has been classified in
its component lines as required by IFRS.