Barclays 2006 Annual Report Download - page 263

Barclays PLC
Annual Report 2006 259
Financial statements
3
60 Differences between IFRS and US GAAP accounting principles (continued)
The following table provides the Group’s balance sheet on an IFRS presentation for 2006 and 2005, incorporating those adjustments required under
US GAAP that are discussed on pages 251 to 255.
2006 2005
£m £m
Assets
Cash and balances at central banks 7,345 3,908
Items in the course of collection from other banks 2,408 2,017
Trading portfolio assets 278,941 243,000
Financial assets designated at fair value 10,935 –
Derivative financial instruments 41,506 40,306
Loans and advances to banks 30,927 31,105
Loans and advances to customers 301,453 288,963
Financial investments 63,189 55,403
Reverse repurchase agreements and cash collateral on securities borrowed 174,090 160,398
Other assets 17,263 15,557
Total assets 928,057 840,657
Deposits from banks 75,455 69,389
Items in the course of collection due to other banks 2,221 2,341
Customer accounts 270,313 253,252
Trading portfolio liabilities 143,084 150,263
Financial liabilities designated at fair value 28,452 –
Derivative financial instruments 43,890 42,607
Debt securities in issue 136,548 125,600
Repurchase agreements and cash collateral on securities lent 168,582 141,760
Other liabilities 18,677 18,099
Subordinated liabilities 13,957 12,753
Total liabilities 901,179 816,064
Shareholders’ equity excluding minority interest 20,032 18,461
Minority interests 6,846 6,132
Total shareholders’ equity 26,878 24,593
Total liabilities and shareholders’ equity 928,057 840,657
Segmental analysis of the Group is provided in Note 59, Segmental analysis. The significant differences for each segment under US GAAP are in
respect of netting adjustments as disclosed in Note 60 (p), consolidation adjustments as disclosed in Note 60 (m) and the securitisation adjustment
as disclosed in Note 60 (n). The impact of these adjustments is to decrease the total assets of Barclays Capital by £86,558m (2005: decrease by
£89,042m), increase the total assets of Barclays Global Investors by £13,448m (2005: increase by £9,669m), decrease the total assets of Barclaycard
by £5,455m (2005: decrease by £6,390m).