Barclays 2006 Annual Report Download - page 105

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Barclays PLC
Annual Report 2006 101
Operating review
1
Table 14: Off-balance sheet and other credit exposures as at 31st December
2006 2005 2004(a)
£m £m £m
Off-balance sheet exposures
Contingent liabilities 39,419 47,143 38,559
Commitments 205,504 203,785 134,051
On-balance sheet exposures
Balances arising from off-balance sheet financial instruments (OTC derivatives) n/a n/a 18,174
London Metal Exchange warrants and other trading positions n/a n/a 952
Debt securities – held for trading n/a n/a 87,594
– non-trading n/a n/a 42,717
Trading portfolio assets 177,867 155,723 n/a
Financial assets designated at fair value held on own account 31,799 12,904 n/a
Derivative financial instruments 138,353 136,823 n/a
Available for sale financial instruments 51,703 53,497 n/a
Table 15: Notional principal amounts of credit derivatives as at 31st December
2006 2005 2004(a)
£m £m £m
Credit derivatives held or issued for trading purposes(b) 1,224,548 609,381 186,275
Credit derivatives held for risk management purposes –– 5,133
Total 1,224,548 609,381 191,408
Table 16: Non-performing loans summary
IFRS UK GAAP
2006 2005 2004(a) 2003 2002
£m £m £m £m £m
Impaired loans 4,444 4,550 n/a n/a n/a
Non-accruing loans n/a n/a 2,115 2,261 2,542
Accruing loans where interest is being suspended with or without provisions n/a n/a 492 629 611
Other accruing loans against which provisions have been made n/a n/a 943 821 819
Subtotal 4,444 4,550 3,550 3,711 3,972
Accruing loans which are contractually overdue 90 days or more as to principal
or interest 598 609 550 590 690
Restructured loans 46 51 15 4 6
Non-performing loans 5,088 5,210 4,115 4,305 4,668
Notes
(a) 2004 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 148.
(b) Includes credit derivatives held as economic hedges which are not designated as hedges for accounting purposes.