Barclays 2007 Annual Report Download - page 27

1
Business review
Barclays PLC Annual Report 2007 25
2007 2006 2005
£m £m £m
Income statement information
Net interest income 4,596 4,467 4,213
Net fee and commission income 1,932 1,874 1,728
Net trading income 92–
Net investment income 47 28 26
Principal transactions 56 30 26
Net premiums from insurance contracts 252 342 298
Other income 58 63 32
Total income 6,894 6,776 6,297
Net claims and benefits incurred on insurance contracts (43) (35) (61)
Total income, net of insurance claims 6,851 6,741 6,236
Impairment charges (849) (887) (671)
Net income 6,002 5,854 5,565
Operating expenses excluding amortisation of intangible assets (3,358) (3,387) (3,323)
Amortisation of intangible assets (12) (2) (3)
Operating expenses (3,370) (3,389) (3,326)
Share of post-tax results of associates and joint ventures 75 (3)
Profit on disposal of subsidiaries, associates and joint ventures 14 76 –
Profit before tax 2,653 2,546 2,236
Balance sheet information
Loans and advances to customers £145.3bn £131.0bn £125.5bn
Customer accounts £147.9bn £139.7bn £127.2bn
Total assets £161.8bn £147.6bn £138.0bn
Performance ratios
Return on average economic capital 29% 32% 21%
Cost:income ratio 49% 50% 53%
Cost:net income ratio 56% 58% 60%
Other financial measures
Risk Tendency £775m £790m £665m
Economic profit £1,272m £1,327m £1,069m
Risk weighted assets £99.8bn £93.0bn £87.9bn