Barclays 2006 Annual Report Download - page 111

Barclays PLC
Annual Report 2006 107
Operating review
1
Table 30: Analysis of amounts written off and recovered by industry
Amounts written off for the year Recoveries of amounts previously written off
IFRS UK GAAP IFRS UK GAAP
2006 2005 2004(a) 2003 2002 2006 2005 2004(a) 2003 2002
£m £m £m £m £m £m £m £m £m £m
United Kingdom:
Financial services 13 27142–1312–
Agriculture, forestry
and fishing 832–41–112
Manufacturing 73 47 79 126 72 21 11 30 8 22
Construction 17 15 13 19 15 21 2 14 3
Property 23 425106169 1 2
Energy and water 122 9 15 4 2–2–1
Wholesale and retail
distribution and
leisure 120 85 55 45 53 14 25 7 5 11
Transport 11 29 44 5 7 110 15 1 1
Postal and
communication 515212––1––
Business and other
services 124 83 96 58 65 17 14 16 11 13
Home loans 34 219111111 9531
Other personal 1,317 992 948 790 692 103 87 65 38 31
Overseas customers(b) –––829–––––
Finance lease
receivables –3444–1111
1,746 1,302 1,280 1,175 950 178 160 217 95 88
Overseas 428 285 302 299 270 81 62 38 18 18
Total 2,174 1,587 1,582 1,474 1,220 259 222 255 113 106
See note under Table 28.
Table 31: Total impairment allowance/(provision) coverage of non-performing loans
IFRS UK GAAP
2006 2005 2004(a) 2003 2002
%% % % %
United Kingdom 64.2 64.6 68.1 74.2 71.2
Other European Union 65.1 70.1 60.9 71.4 61.8
United States 64.9 52.8 57.0 39.2 43.7
Africa 73.2 74.3 68.4 54.5 48.4
Rest of the World 100.0 68.7 71.9 94.1 47.3
Total coverage of non-performing loans 65.6 66.2 66.9 71.5 65.9
(Also see chart on page 83.)
Table 32: Total impairment allowance/(provision) coverage of potential credit risk lending (NPLs and PPLs)
IFRS UK GAAP
2006 2005 2004(a) 2003 2002
%% % % %
United Kingdom 57.3 54.6 56.5 57.7 57.2
Other European Union 61.0 65.9 55.6 65.0 61.8
United States 57.1 50.4 52.3 23.4 33.0
Africa 51.5 57.8 43.5 39.9 32.1
Rest of the World 91.0 67.6 65.9 90.9 45.5
Total coverage of potential credit risk lending 57.0 56.2 56.0 54.6 52.8
(Also see chart on page 83.)
Notes
(a) Does not reflect the application of IAS 32, IAS 39 and IFRS 4 which became effective from 1st January 2005.
(c) Does not reflect the impairment of available for sale assets or other credit risk provisions in 2005 and 2006.