Barclays 2007 Annual Report Download - page 70

Financial review
Average balance sheet
Average balance sheet and net interest income (year ended 31st December)
2007 2006 2005
Average Average Average Average Average Average
balanceaInterest rate balanceaInterest rate balanceaInterest rate
£m £m % £m £m % £m £m %
Assets
Loans and advances to banks b:
– in offices in the United Kingdom 29,431 1,074 3.6 18,401 647 3.5 14,798 454 3.1
– in offices outside the
United Kingdom 12,262 779 6.4 12,278 488 4.0 11,063 403 3.6
Loans and advances to customersb:
– in offices in the United Kingdom 205,707 13,027 6.3 184,392 11,247 6.1 172,398 10,229 5.9
– in offices outside the
United Kingdom 88,212 6,733 7.6 77,615 4,931 6.4 50,699 2,975 5.9
Lease receivables:
– in offices in the United Kingdom 4,822 283 5.9 5,266 300 5.7 6,521 348 5.3
– in offices outside the
United Kingdom 5,861 691 11.8 6,162 595 9.7 1,706 117 6.9
Financial investments:
– in offices in the United Kingdom 37,803 2,039 5.4 41,125 1,936 4.7 43,133 1,755 4.1
– in offices outside the
United Kingdom 14,750 452 3.1 14,191 830 5.8 10,349 467 4.5
Reverse repurchase agreements
and cash collateral on
securities borrowed:
– in offices in the United Kingdom 211,709 9,644 4.6 166,713 6,136 3.7 156,292 4,617 3.0
– in offices outside the
United Kingdom 109,012 5,454 5.0 100,416 5,040 5.0 92,407 2,724 2.9
Trading portfolio assets:
– in offices in the United Kingdom 120,691 5,926 4.9 106,148 4,166 3.9 81,607 2,710 3.3
– in offices outside the
United Kingdom 57,535 3,489 6.1 61,370 2,608 4.2 57,452 2,116 3.7
Total average interest earning assets 897,795 49,591 5.5 794,077 38,924 4.9 698,425 28,915 4.1
Impairment allowances/provisions (4,435) (3,565) (3,105)
Non-interest earning assets 422,834 310,949 278,328
Total average assets and
interest income 1,316,194 49,591 3.8 1,101,461 38,924 3.5 973,648 28,915 3.0
Percentage of total average
interest earning assets in
offices outside the United Kingdom 32.0% 34.3% 32.0%
Total average interest earning assets
related to:
Interest income 49,591 5.5 38,924 4.9 28,915 4.1
Interest expense (37,892) 4.2 (30,385) 3.8 (20,965) 3.0
11,699 1.3 8,539 1.1 7,950 1.0
68 Barclays PLC Annual Report 2007
Notes
aAverage balances are based upon daily averages for most UK banking operations and
monthly averages elsewhere.
bLoans and advances to customers and banks include all doubtful lendings, including
non-accrual lendings. Interest receivable on such lendings has been included to the
extent to which either cash payments have been received or interest has been accrued
in accordance with the income recognition policy of the Group.