Barclays 2008 Annual Report Download - page 34

32 Barclays PLC Annual Report 2008 |Find out more at www.barclays.com/annualreport08
Financial review
Additional financial disclosure
Deposits and short-term borrowings
Deposits
Deposits include deposits from banks and customers accounts.
Average: year ended 31st December
2008 2007 2006
£m £m £m
Deposits from banks
Customers in the United Kingdom 14,003 15,321 12,832
Customers outside the
United Kingdom:
Other European Union 38,210 33,162 30,116
United States 15,925 6,656 7,352
Africa 3,110 4,452 4,140
Rest of the World 36,599 36,626 35,013
Total deposits from banks 107,847 96,217 89,453
Customer accounts
Customers in the United Kingdom 206,020 187,249 173,767
Customers outside the
United Kingdom:
Other European Union 30,909 23,696 22,448
United States 31,719 21,908 17,661
Africa 35,692 29,855 23,560
Rest of the World 27,653 23,032 19,992
Customer accounts 331,993 285,740 257,428
Deposits from banks in offices in the United Kingdom received from non-
residents amounted to £63,284m (2007: £45,162m).
Year ended 31st December
2008 2007 2006
£m £m £m
Customer accounts 335,505 294,987 256,754
In offices in the United Kingdom:
Current and Demand accounts
– interest free 41,351 33,400 25,650
Current and Demand accounts
– interest bearing 20,898 32,047 31,769
Savings accounts 68,335 70,682 62,745
Other time deposits – retail 33,785 36,123 36,110
Other time deposits – wholesale 74,417 65,726 53,733
Total repayable in offices
in the United Kingdom 238,786 237,978 210,007
In offices outside
the United Kingdom:
Current and Demand accounts
– interest free 4,803 2,990 2,169
Current and Demand accounts
– interest bearing 15,463 11,570 17,626
Savings accounts 7,673 3,917 3,041
Other time deposits 68,780 38,532 23,911
Total repayable in offices
outside the United Kingdom 96,719 57,009 46,747
Customer accounts deposits in offices in the United Kingdom received
from non-residents amounted to £61,714m (2007: £49,179m).
Short-term borrowings
Short-term borrowings include deposits from banks, commercial paper
and negotiable certificates of deposit.
Deposits from banks
Deposits from banks are taken from a wide range of counterparties
and generally have maturities of less than one year.
2008 2007 2006
£m £m £m
Year-end balance 114,910 90,546 79,562
Average balance 107,847 96,217 89,453
Maximum balance 139,836 109,586 97,165
Average interest rate during year 3.6% 4.1% 4.2%
Year-end interest rate 2.3% 4.0% 4.3%
Commercial paper
Commercial paper is issued by the Group, mainly in the United States,
generally in denominations of not less than US$100,000, with maturities
of up to 270 days.
2008 2007 2006
£m £m £m
Year-end balance 27,692 23,451 26,546
Average balance 24,668 26,229 29,740
Maximum balance 27,792 30,736 31,859
Average interest rate during year 4.4% 5.4% 4.4%
Year-end interest rate 4.2% 5.2% 5.0%
Negotiable certificates of deposit
Negotiable certificates of deposits are issued mainly in the United
Kingdom and United States, generally in denominations of not less than
US$100,000.
2008 2007 2006
£m £m £m
Year-end balance 61,332 58,401 52,800
Average balance 55,122 55,394 49,327
Maximum balance 67,715 62,436 60,914
Average interest rate during year 4.4% 5.1% 5.3%
Year-end interest rate 4.1% 5.0% 5.1%