Barclays 2006 Annual Report Download - page 110

Barclays PLC
Annual Report 2006
106
Table 28: Total impairment/specific provision charges for bad and doubtful debts by industry
IFRS UK GAAP
2006 2005 2004(a) 2003 2002
£m £m £m £m £m
United Kingdom:
Financial services 64 22 (1) 13 1
Agriculture, forestry and fishing 59 – (3) (1)
Manufacturing 1120 28 79 80
Construction 17 14 10 (23) 41
Property 15 18 (42) (3) 8
Energy and water (7) 1 3 13 22
Wholesale and retail distribution and leisure 88 39 66 38 37
Transport 19 (27) (19) 100 7
Postal and communication 15 3 (1) 1 16
Business and other services 133 45 64 76 62
Home loans 71 (1) 17 9 4
Other personal 1,459 1,136 894 757 748
Overseas customers(b) –– – 66 13
Finance lease receivables –3293
1,880 1,382 1,021 1,132 1,041
Overseas 194 192 289 188 445
Impairment/specific provision charges(c) 2,074 1,574 1,310 1,320 1,486
The category ‘other personal’ includes credit cards, personal loans and personal overdrafts.
The industry classifications in Tables 28, 29 and 30 have been prepared at the level of the borrowing entity. This means that a loan to the subsidiary
of a major corporation is classified by the industry in which the subsidiary operates, even though the parent’s predominant business may be in a
different industry.
Table 29: Allowance for impairment/specific provision for bad and doubtful debts by industry
IFRS UK GAAP
2006 2005 2004(a) 2003 2002
£m % £m % £m % £m % £m %
United Kingdom:
Financial services 67 2.0 26 0.8 7 0.3 12 0.5 1 –
Agriculture, forestry
and fishing 17 0.5 12 0.3 4 0.2 5 0.2 7 0.3
Manufacturing 85 2.5 181 5.2 37 1.7 58 2.6 98 4.3
Construction 16 0.5 13 0.4 6 0.3 7 0.3 35 1.6
Property 26 0.8 24 0.7 26 1.2 3 0.1 9 0.4
Energy and water ––18 0.5 23 1.0 27 1.2 28 1.3
Wholesale and retail
distribution and leisure 81 2.4 99 2.9 70 3.3 52 2.3 54 2.4
Transport 24 0.7 32 0.9 55 2.6 103 4.6 7 0.3
Postal and
communication 12 0.4 2 0.1 13 0.6 15 0.7 15 0.7
Business and other
services 186 5.6 102 3.0 105 4.9 121 5.4 92 4.1
Home loans 81 2.4 50 1.4 58 2.7 55 2.5 53 2.3
Other personal 1,882 56.5 1,696 49.2 1,265 58.9 1,359 60.9 1,343 59.4
Overseas customers(b) ––––––241.1391.7
Finance lease receivables ––11 0.3 14 0.7 15 0.7 9 0.4
2,477 74.3 2,266 65.7 1,683 78.4 1,856 83.1 1,790 79.2
Overseas 858 25.7 1,184 34.3 464 21.6 377 16.9 471 20.8
Total 3,335 100.0 3,450 100.0 2,147 100.0 2,233 100.0 2,261 100.0
See note under Table 28.
Notes
(a) Does not reflect the application of IAS 32, IAS 39 and IFRS 4 which became effective from 1st January 2005.
(b) Overseas customers are now classified as part of other industry segments.
(c) Does not reflect the impairment of available for sale assets or other credit risk provisions in 2005 and 2006.
Risk management
Statistical information