Barclays 2007 Annual Report Download - page 259

3
Financial statements
48 Liquidity risk (continued)
Contractual maturity of financial assets and liabilities
The table below provides detail on the contractual maturity of all financial instruments and other assets and liabilities. Derivatives (other than those
designated in a hedging relationship) and trading portfolio assets and liabilities which are included in the on demand column at their fair value.
Liquidity risk on these items is not managed on the basis of contractual maturity since they are not held for settlement according to such maturity
and will frequently be settled before contractual maturity at fair value. Derivatives designated in a hedging relationship are included according to their
contractual maturity.
Financial assets designated at fair value in respect of linked liabilities to customers under investment contracts have been included in Other assets and
Other liabilities as the Group is not exposed to liquidity risk arising from them; any request for funds from creditors would be met by simultaneously
liquidating or transferring the related investment.
Over
three Over Over Over Over
months six months one year three years five years
Not more but not but not but not but not but not
On than three more than more than more than more than more than Over
demand months six months one year three years five years ten years ten years Total
At 31st December 2007 £m £m £m £m £m £m £m £m £m
Assets
Cash and balances at central banks 4,785 1,016 ––––––5,801
Items in course of collection from
other banks 1,651 185 ––––––1,836
Trading portfolio assets 193,691–––––––193,691
Financial assets designated
at fair value:
– held on own account 1,901 3,202 657 3,029 13,882 7,022 10,637 16,299 56,629
Derivative financial instruments:
– held for trading 246,950–––––––246,950
– designated for risk management – 76 92 39 260 105 317 249 1,138
Loans and advances to banks 5,882 22,143 446 3,189 1,259 1,035 5,680 486 40,120
Loans and advances to customers 43,469 62,294 12,793 19,307 35,195 30,926 47,297 94,117 345,398
Available for sale financial
instruments 994 9,009 4,544 2,377 10,831 6,466 5,268 3,583 43,072
Reverse repurchase agreements
and cash collateral on
securities borrowed – 158,475 7,369 7,835 4,921 4,348 127 – 183,075
Total financial assets 499,323 256,400 25,901 35,776 66,348 49,902 69,326 114,734 1,117,710
Other assets –––––––109,651 109,651
Total assets 499,323 256,400 25,901 35,776 66,348 49,902 69,326 224,385 1,227,361
Liabilities
Deposits from other banks 16,288 69,049 1,977 991 651 1,171 231 188 90,546
Items in the course of collection
due to other banks 1,781 11 ––––––1,792
Customer accounts 174,269 101,667 5,692 4,097 1,656 1,240 993 5,373 294,987
Trading portfolio liabilities 65,402–––––––65,402
Financial liabilities designated
at fair value:
– held on own account 655 18,022 8,331 6,933 10,830 11,601 12,625 5,492 74,489
Derivative financial instruments:
– held for trading 247,378–––––––247,378
– designated for risk management – 51 43 82 310 150 215 59 910
Debt securities in issue 698 70,760 11,798 6,945 13,308 7,696 3,123 5,900 120,228
Repurchase agreements and cash
collateral on securities lent – 160,822 2,906 5,547 40 92 22 – 169,429
Subordinated liabilities ––––2509347,5119,45518,150
Total financial liabilities 506,471 420,382 30,747 24,595 27,045 22,884 24,720 26,467 1,083,311
Other liabilities –––––––111,574 111,574
Total liabilities 506,471 420,382 30,747 24,595 27,045 22,884 24,720 138,041 1,194,885
Cumulative liquidity gap (7,148) (171,130) (175,976) (164,795) (125,492) (98,474) (53,868) 32,476 32,476
Barclays PLC Annual Report 2007 257