Barclays 2007 Annual Report Download - page 35

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Business review
2007 2006 2005
£m £m £m
Income statement information
Net interest income 1,890 1,653 1,045
Net fee and commission income 1,210 1,221 644
Net trading income 69 63
Net investment income 179 188 143
Principal transactions 248 194 146
Net premiums from insurance contracts 372 351 227
Other income 87 74 60
Total income 3,807 3,493 2,122
Net claims and benefits incurred under insurance contracts (284) (244) (206)
Total income net of insurance claims 3,523 3,249 1,916
Impairment charges (252) (167) (33)
Net income 3,271 3,082 1,883
Operating expenses excluding amortisation of intangible assets (2,279) (2,077) (1,289)
Amortisation of intangible assets (77) (85) (47)
Operating expenses (2,356) (2,162) (1,336)
Share of post-tax results of associates and joint ventures 749 46
Profit on disposal of subsidiaries, associates and joint ventures 13 247 –
Profit before tax 935 1,216 593
Balance sheet information
Loans and advances to customers £70.1bn £53.2bn £49.2bn
Customer accounts £28.8bn £22.1bn £22.4bn
Total assets £89.5bn £68.6bn £63.4bn
Performance ratios
Return on average economic capital 16% 36% 17%
Cost:income ratio 67% 67% 70%
Cost:net income ratio 72% 70% 71%
Other financial measures
Risk Tendency £475m £220m £175m
Economic profit £150m £493m £179m
Risk weighted assets £53.3bn £40.8bn £41.0bn
Barclays PLC Annual Report 2007 33