Barclays 2007 Annual Report Download - page 239

3
Financial statements
Barclays PLC Annual Report 2007 237
46 Market risk (continued)
Concentrations of interest rate risk
The table below summarises the repricing profiles of the Group’s financial instruments and other assets and liabilities at their carrying value on
31st December 2007. Items are allocated to time periods by reference to the earlier of the next contractual interest rate repricing date and the
maturity date.
As at 31st December 2007
Over Over Over
three six Over three Over
Not months months one year years five years
more but not but not but not but not but not Trading
than more more more more more Over portfolio Non-
three than six than one than three than five than ten ten and interest
months months year years years years years derivatives bearing Total
£m £m £m £m £m £m £m £m £m £m
Assets
Cash and balances at central banks 4,370 –––––––1,4315,801
Items in course of collection from
other banks 194–––––––1,6421,836
Trading portfolio assets –––––––193,691 – 193,691
Financial assets designated
at fair value:
Held on own account 21,436 12,587 9,208 3,526 2,706 1,339 2,753 – 3,074 56,629
Derivative financial instruments –––––– 248,088 – 248,088
Loans and advances to banks 33,770 501 500 164 181 158 – – 4,846 40,120
Loans and advances to customers 246,776 20,481 14,452 20,312 10,864 10,082 5,193 – 17,238 345,398
Available for sale financial
instruments 25,989 2,370 2,223 3,632 1,466 4,414 2,057 – 921 43,072
Reverse repurchase
agreements and cash
collateral on securities
borrowed 175,679 3,307 2,032 802 191 118 946 – – 183,075
Total financial assets 508,214 39,246 28,415 28,436 15,408 16,111 10,949 441,779 29,152 1,117,710
Other assets ––––––––109,651 109,651
Total assets 508,214 39,246 28,415 28,436 15,408 16,111 10,949 441,779 138,803 1,227,361
Liabilities
Deposits from other banks 81,802 2,244 907 235 1 21 181 – 5,155 90,546
Items in course of collection
due to other banks 76–––––––1,7161,792
Customer accounts 233,474 8,812 3,844 2,511 377 59 1,217 – 44,693 294,987
Trading portfolio liabilities –––––––65,402–65,402
Financial liabilities
designated at fair value:
Held on own account 27,030 7,993 3,874 3,122 2,323 724 766 – 28,657 74,489
Derivative financial instruments –––––––248,288 – 248,288
Debt securities in issue 102,883 10,034 4,529 1,821 632 209 120 – – 120,228
Repurchase agreements and
cash collateral on securities lent 163,112 1,789 2,085 37 92 4 – – 2,310 169,429
Subordinated liabilities 5,735 695 59 650 1,134 5,465 4,410 – 2 18,150
Total financial liabilities 614,112 31,567 15,298 8,376 4,559 6,482 6,694 313,690 82,533 1,083,311
Other liabilities ––––––––111,574 111,574
Total liabilities 614,112 31,567 15,298 8,376 4,559 6,482 6,694 313,690 194,107 1,194,885
Interest rate repricing gap (105,898) 7,679 13,117 20,060 10,849 9,629 4,255
Cumulative gap (105,898) (98,219) (85,102) (65,042) (54,193) (44,564) (40,309)
Financial assets designated at fair value held in respect of linked liabilities to customers under investment contracts, and the related liabilities, have been
omitted from the above analysis as the Group is not exposed to the interest rate risk inherent in these assets or liabilities.