Barclays 2006 Annual Report Download - page 109

Barclays PLC
Annual Report 2006 105
Operating review
1
Table 25: Amounts written off
IFRS UK GAAP
2006 2005 2004(a) 2003 2002
£m £m £m £m £m
United Kingdom (1,746) (1,302) (1,280) (1,175) (950)
Other European Union (74) (56) (63) (54) (31)
United States (46) (143) (50) (215) (215)
Africa (264) (81) (15) (13) (14)
Rest of the World (44) (5) (174) (17) (10)
Amounts written off (2,174) (1,587) (1,582) (1,474) (1,220)
Table 26: Recoveries
IFRS UK GAAP
2006 2005 2004(a) 2003 2002
£m £m £m £m £m
United Kingdom 178 160 217 95 88
Other European Union 18 13977
United States 22 15 14 10 9
Africa 33 16411
Rest of the World 818 11 – 1
Recoveries 259 222 255 113 106
Table 27: Impairment allowances/provision charged against profit
IFRS UK GAAP
2006 2005 2004(a) 2003 2002
£m £m £m £m £m
New and increased impairment allowance/specific provision charge:
United Kingdom 2,253 1,763 1,358 1,373 1,210
Other European Union 182 113 131 57 33
United States 60 105 85 118 404
Africa 209 109 47 33 36
Rest of the World 18 39 134 47 36
2,722 2,129 1,755 1,628 1,719
Reversals of impairment allowance/specific provision charge:
United Kingdom (195) (221) (120) (146) (81)
Other European Union (72) (25) (20) (13) (12)
United States (26) (14) (14) (24) (10)
Africa (33) (56) (16) (10) (11)
Rest of the World (63) (17) (20) (2) (13)
(389) (333) (190) (195) (127)
Recoveries (259) (222) (255) (113) (106)
Net impairment allowance/specific provision charge(b) 2,074 1,574 1,310 1,320 1,486
General provision (release)/charge n/a n/a (206) 27 (2)
Net charge to profit 2,074 1,574 1,104 1,347 1,484
Notes
(a) Does not reflect the application of IAS 32, IAS 39 and IFRS 4 which became effective from 1st January 2005.
(b) Does not reflect the impairment of available for sale assets or other credit risk provisions in 2005 and 2006.