Barclays 2007 Annual Report Download - page 72

Financial review
Average balance sheet
Changes in net interest income – volume and rate analysis
The following tables allocate changes in net interest income between changes in volume and changes in interest rates for the last two years. Volume and
rate variances have been calculated on the movement in the average balances and the change in the interest rates on average interest earning assets
and average interest bearing liabilities. Where variances have arisen from changes in both volumes and interest rates, these have been allocated
proportionately between the two.
2007/2006 Change due 2006/2005 Change due 2005/2004 aChange due
to increase/(decrease) in: to increase/(decrease) in: to increase/(decrease) in:
Total Total Total
change Volume Rate change Volume Rate change Volume Rate
£m £m £m £m £m £m £m £m £m
Interest receivable
Treasury bills and other eligible bills:
– in offices in the UK n/a n/a n/a n/a n/a n/a (68) (68) n/a
– in offices outside the UK n/a n/a n/a n/a n/a n/a (63) (63) n/a
n/a n/a n/a n/a n/a n/a (131) (131) n/a
Loans and advances to banks:
– in offices in the UK 427 402 25 193 121 72 (237) (115) (122)
– in offices outside the UK 291 (1) 292 85 46 39 132 45 87
718 401 317 278 167 111 (105) (70) (35)
Loans and advances to customers:
– in offices in the UK 1,780 1,337 443 1,018 726 292 1,419 1,681 (262)
– in offices outside the UK 1,802 728 1,074 1,956 1,695 261 1,705 787 918
3,582 2,065 1,517 2,974 2,421 553 3,124 2,468 656
Lease receivables:
– in offices in the UK (17) (26) 9 (48) (70) 22 128 78 50
– in offices outside the UK 96 (30) 126 478 413 65 96 91 5
79 (56) 135 430 343 87 224 169 55
Debt securities:
– in offices in the UK n/a n/a n/a n/a n/a n/a (2,129) (2,129) n/a
– in offices outside the UK n/a n/a n/a n/a n/a n/a (338) (338) n/a
n/a n/a n/a n/a n/a n/a (2,467) (2,467) n/a
Financial investments:
– in offices in the UK 103 (165) 268 181 (85) 266 1,755 1,755 n/a
– in offices outside the UK (378) 32 (410) 363 202 161 467 467 n/a
(275) (133) (142) 544 117 427 2,222 2,222 n/a
External trading assets:
– in offices in the UK and n/a n/a n/a n/a n/a n/a (4,971) (4,971) n/a
– outside the UK n/a n/a n/a n/a n/a n/a (2,224) (2,224) n/a
n/a n/a n/a n/a n/a n/a (7,195) (7,195) n/a
Reverse repurchase agreements and
cash collateral on securities borrowed:
– in offices in the UK 3,508 1,865 1,643 1,519 324 1,195 4,617 4,617 n/a
– in offices outside the UK 414 430 (16) 2,316 254 2,062 2,724 2,724 n/a
3,922 2,295 1,627 3,835 578 3,257 7,341 7,341 n/a
Trading portfolio assets:
– in offices in the UK 1,760 621 1,139 1,456 907 549 2,710 2,710 n/a
– in offices outside the UK 881 (172) 1,053 492 151 341 2,116 2,116 n/a
2,641 449 2,192 1,948 1,058 890 4,826 4,826 n/a
Total interest receivable:
– in offices in the UK 7,561 4,034 3,527 4,319 1,923 2,396 3,224 3,558 (334)
– in offices outside the UK 3,106 987 2,119 5,690 2,761 2,929 4,615 3,605 1,010
10,667 5,021 5,646 10,009 4,684 5,325 7,839 7,163 676
70 Barclays PLC Annual Report 2007
Note
a2004 figures do not reflect the applications of IAS 32 and IAS 39 and IFRS 4 which
became effective from 1st January 2005.