Barclays 2007 Annual Report Download - page 252

Notes to the accounts
For the year ended 31st December 2007
47 Credit risk (continued)
Financial assets subject to credit risk
For the purposes of the Group’s disclosures regarding credit quality, its financial assets have been analysed as follows:
As at 31st December 2007
Neither past Past due
due nor but not Total
individually individually Individually Impairment carrying
impaired impaired impaired Total allowance value
£m £m £m £m £m £m
Cash and balances at central banks 5,801 – – 5,801 – 5,801
Items in the course of collection from other banks 1,836 – – 1,836 – 1,836
Trading portfolio 156,652 – – 156,652 – 156,652
Financial assets designated at fair value held on own account 50,896 357 – 51,253 – 51,253
Derivatives 248,088 – – 248,088 – 248,088
Loans and advances to banks 37,601 2,522 – 40,123 (3) 40,120
Loans and advances to customers 324,318 16,005 8,844 349,167 (3,769) 345,398
Available for sale financial investments 41,304 92 – 41,396 – 41,396
Reverse repurchase agreements 183,075 – – 183,075 – 183,075
Other assets 3,966 – – 3,966 – 3,966
Total 1,053,537 18,976 8,844 1,081,357 (3,772) 1,077,585
As at 31st December 2006
Neither past Past due
due nor but not Total
individually individually Individually Impairment carrying
impaired impaired impaired Total allowance value
£m £m £m £m £m £m
Cash and balances at central banks 7,345 – – 7,345 – 7,345
Items in the course of collection from other banks 2,408 – – 2,408 – 2,408
Trading portfolio 145,379 – – 145,379 – 145,379
Financial assets designated at fair value held on own account 28,088 – – 28,088 – 28,088
Derivatives 138,353 – – 138,353 – 138,353
Loans and advances to banks 29,355 1,575 – 30,930 (4) 30,926
Loans and advances to customers 270,321 10,989 4,321 285,631 (3,331) 282,300
Available for sale financial investments 50,156 176 – 50,332 – 50,332
Reverse repurchase agreements 174,090 – – 174,090 – 174,090
Other assets 4,097 – – 4,097 – 4,097
Total 849,592 12,740 4,321 866,653 (3,335) 863,318
Financial assets designated at fair value, derivatives, and trading portfolios are not subject to impairment allowances as credit losses are fully reflected
in their fair values.
The impairment allowance above includes allowances against financial assets that have been individually impaired and those subject to collective
impairment. Assets subject to a collective impairment allowance are included in financial assets neither past due nor individually impaired or financial
assets past due but not individually impaired, as appropriate.
250 Barclays PLC Annual Report 2007