Barclays 2006 Annual Report Download - page 4

South Africa
Barclaycard
IRCB
Barclays Capital
Barclays Wealth
ealth
Singapore
Barclaycard
Barclays Capital
BGI
Barclays Wealth
Malaysia
Barclays Capital
Nigeria
Barclays Wealth
Botswana
Barclaycard
IRCB
Angola
IRCB
India
Barclaycard
IRCB
Barclays Capital
Cyprus
Barclays
Wealth
Italy
Barclaycard
IRCB
Barclays Capital
Barclays Wealth
Malta
Barclays Wealth
Mauritius
Barclaycard
IRCB
Indonesia
Barclays Capital
Seychelles
Barclaycard
IRCB
Thailand
Barclays Capital
Taiwan
Barclays Capital
Hong Kong
Barclays Capital
BGI
Barclays Wealth
Japan
Barclays Capital
BGI
Zambia
Barclaycard
IRCB
Tanzania
IRCB
Barclays Wealth
Kenya
Barclaycard
IRCB
Barclays Wealth
Uganda
IRCB
United Arab Emirates
Barclaycard
IRCB
Barclays Capital
Barclays Wealth
Norway
Barclaycard
Sweden
Barclaycard
Egypt
Barclaycard
IRCB
ys Capital
Isle of Man
ys Wealth
UK Banking and
all other businesses
Netherlands
Barclays Capital
BGI
Mozambique
IRCB
Zimbabwe
IRCB
China
Barclays Capital
South Korea
Barclays Capital
Monaco
Barclays Wealth
Switzerland
Barclays Capital
BGI
Barclays Wealth
Germany
Barclaycard
Barclays Capital
BGI
Denmark
Barclaycard
Luxembourg
Barclays Capital
Australia
Barclays Capital
BGI
Absa Definitions
‘Absa Group Limited’ refers to the consolidated results of the South African
group of which the parent company is listed on the Johannesburg Stock Exchange
in which Barclays owns a controlling stake.
‘Absa’ refers to the results for Absa Group Limited as consolidated into the
results of Barclays PLC; translated into Sterling with adjustments for amortisation
of intangible assets, certain Head office adjustments, transfer pricing and minority
interests.
‘International Retail and Commercial Banking – Absa’ is the portion of Absa’s
results that is reported by Barclays within the International Retail and Commercial
Banking business.
Barclays acquired a controlling stake in Absa Group Limited on 27th July 2005.
Therefore, unless otherwise indicated, 2005 comparatives reflect results from that
date and are not directly comparable to 2006.
‘Absa Capital’ is the portion of Absa’s results that is reported by Barclays within the
Barclays Capital business.
Glossary of terms
The cost:income ratio is defined as operating expenses compared to total income net
of insurance claims.
The cost:net income ratio is defined as operating expenses compared to total income
net of insurance claims less impairment charges.
The Return on average economic capital is defined as attributable profit compared to
average economic capital.
‘Income’ refers to total income net of insurance claims, unless otherwise specified.
‘Profit before business disposals’ represents profit before tax and disposal of
subsidiaries, associates and joint ventures.
Group reporting changes
Barclays announced on 16th June 2006 the impact of certain changes in Group
structure and reporting on the 2005 and 2004 results.
Barclays realigned a number of reportable business segments based on the
reorganisation of certain portfolios better to reflect the type of client served, the
nature of the products offered and the associated risks and rewards. The Group's
policy for the internal cost of funding and the segmental disclosure of risk weighted
assets was also revised with effect from 1st January 2006. The reclassifications had
no impact on the Group Income Statement or Balance sheet.