Barclays 2008 Annual Report Download - page 146

Risk management
Statistical information
144 Barclays PLC Annual Report 2008 |Find out more at www.barclays.com/annualreport08
Table 23: Movements in allowance for impairment/provisions charge for bad and doubtful debts
2008 2007 2006 2005 2004 a
£m £m£m£m£m
Allowance for impairment/provision balance at beginning of year 3,772 3,335 3,450 2,637 2,946
Acquisitions and disposals 307 (73) (23) 555 21
Unwind of discount (135) (113) (98) (76) n/a
Exchange and other adjustments 791 53 (153) 125 (33)
Amounts written off (2,919) (1,963) (2,174) (1,587) (1,582)
Recoveries 174 227 259 222 255
Impairment/provision charged against profitb4,584 2,306 2,074 1,574 1,104
Allowance for impairment/provision balance at end of year 6,574 3,772 3,335 3,450 2,711
Table 24: Amounts written off
2008 2007 2006 2005 2004 a
£m £m£m£m£m
United Kingdom (1,514) (1,530) (1,746) (1,302) (1,280)
Other European Union (162) (143) (74) (56) (63)
United States (1,044) (145) (46) (143) (50)
Africa (187) (145) (264) (81) (15)
Rest of the World (12) – (44) (5) (174)
Amounts written off (2,919) (1,963) (2,174) (1,587) (1,582)
Table 25: Recoveries
2008 2007 2006 2005 2004 a
£m £m£m£m£m
United Kingdom 131 154 178 160 217
Other European Union 432 18 13 9
United States 17 22 15 14
Africa 36 34 33 16 4
Rest of the World 2–818 11
Recoveries 174 227 259 222 255
Notes
aDoes not reflect the application of IAS 32, IAS 39 and IFRS 4 which became effective
from 1st January 2005.
bDoes not reflect the impairment of available for sale assets or other credit
risk provisions.