Barclays 2008 Annual Report Download - page 28

26 Barclays PLC Annual Report 2008 |Find out more at www.barclays.com/annualreport08
Financial review
Consolidated balance sheet
Notes
aDoes not reflect the application of IAS 32, IAS 39 and IFRS 4 which became effective from
1st January 2005.
bRisk weighted assets and capital ratios for 2006, 2005 and 2004 are calculated on a Basel I
basis. Risk weighted assets and capital ratios for 2008 and 2007 are calculated on a
Basel II basis. Capital ratios for 2004 are based on UK GAAP and have not been restated as
these remain as reported to the Financial Services Authority (FSA). As at 1st January 2005
the Tier 1 ratio was 7.1% and the risk asset ratio was 11.8% reflecting the impact of IFRS
including the adoption of IAS 32, IAS 39 and IFRS 4.
As at 31st December
2008 2007 2006 2005 2004
£m £m £m £m £m a
Assets
Cash and other short-term funds 31,714 7,637 9,753 5,807 3,525
Treasury bills and other eligible bills n/a n/a n/a n/a 6,658
Trading portfolio and financial assets designated at fair value 306,836 341,171 292,464 251,820 n/a
Derivative financial instruments 984,802 248,088 138,353 136,823 n/a
Debt securities and equity securities n/a n/a n/a n/a 141,710
Loans and advances to banks 47,707 40,120 30,926 31,105 80,632
Loans and advances to customers 461,815 345,398 282,300 268,896 262,409
Available for sale financial investments 64,976 43,072 51,703 53,497 n/a
Reverse repurchase agreements and cash collateral on securities borrowed 130,354 183,075 174,090 160,398 n/a
Other assets 24,776 18,800 17,198 16,011 43,247
Total assets 2,052,980 1,227,361 996,787 924,357 538,181
Liabilities
Deposits and items in the course of collection due to banks 116,545 92,338 81,783 77,468 112,229
Customer accounts 335,505 294,987 256,754 238,684 217,492
Trading portfolio and financial liabilities designated at fair value 136,366 139,891 125,861 104,949 n/a
Liabilities to customers under investment contracts 69,183 92,639 84,637 85,201 n/a
Derivative financial instruments 968,072 248,288 140,697 137,971 n/a
Debt securities in issue 149,567 120,228 111,137 103,328 83,842
Repurchase agreements and cash collateral on securities lent 182,285 169,429 136,956 121,178 n/a
Insurance contract liabilities, including unit-linked liabilities 2,152 3,903 3,878 3,767 8,377
Subordinated liabilities 29,842 18,150 13,786 12,463 12,277
Other liabilities 16,052 15,032 13,908 14,918 87,200
Total liabilities 2,005,569 1,194,885 969,397 899,927 521,417
Shareholders’ equity
Shareholders’ equity excluding minority interests 36,618 23,291 19,799 17,426 15,870
Minority interests 10,793 9,185 7,591 7,004 894
Total shareholders’ equity 47,411 32,476 27,390 24,430 16,764
Total liabilities and shareholders’ equity 2,052,980 1,227,361 996,787 924,357 538,181
Risk weighted assets and capital ratiosb
Risk weighted assets 433,302 353,878 297,833 269,148 218,601
Tier 1 ratio 8.6% 7.6% 7.7% 7.0% 7.6%
Risk asset ratio 13.6% 11.2% 11.7% 11.3% 11.5%
Selected financial statistics
Net asset value per ordinary share 437p 353p 303p 269p 246p
Year-end United States Dollar exchange rate used in preparing the accounts 1.46 2.00 1.96 1.72 1.92
Year-end Euro exchange rate used in preparing the accounts 1.04 1.36 1.49 1.46 1.41
Year-end Rand exchange rate used in preparing the accounts 13.74 13.64 13.71 10.87 10.86
The financial information above is extracted from the published accounts for the last three years. This information should be read together with, and is
qualified by reference to, the accounts and Notes included in this report.