Barclays 2009 Annual Report Download - page 274

272 Barclays PLC Annual Report 2009 www.barclays.com/annualreport09
Notes to the accounts
For the year ended 31st December 2009
continued
47 Credit risk continued
Credit risk concentrations
A concentration of credit risk exists when a number of counterparties are engaged in similar activities and have similar economic characteristics that would
cause their ability to meet contractual obligations to be similarly affected by changes in economic or other conditions.
The analyses of credit risk concentrations presented below are based on the location of the counterparty or customer or the industry in which they are engaged.
Credit risk concentrations by geographical sector Other Rest of
United European United the
Kingdom Union States Africa World Total
£m £m £m £m £m £m
2009
On-balance sheet:
Cash and balances at central banks 37,697 5,584 32,279 1,742 4,181 81,483
Items in the course of collection from other banks 1,340 56 – 196 1 1,593
Trading portfolio 12,232 35,088 52,229 1,414 28,519 129,482
Financial assets designated at fair value held on own account 13,945 3,986 10,800 2,352 3,972 35,055
Derivative financial instruments 133,713 128,881 111,269 2,511 40,441 416,815
Loans and advances to banks 5,117 12,697 13,137 2,388 7,796 41,135
Loans and advances to customers 203,582 84,343 58,355 47,495 26,449 420,224
Available for sale financial investments 16,752 14,028 7,175 4,993 6,859 49,807
Reverse repurchase agreements 22,222 44,014 60,759 527 15,909 143,431
Other assets 1,565 417 651 661 182 3,476
Total on-balance sheet 448,165 329,094 346,654 64,279 134,309 1,322,501
Off-balance sheet:
Acceptances and endorsements 134 5 – 26 210 375
Guarantees and letters of credit pledged as collateral security
and securities lending arrangements 3,337 2,783 32,849 1,795 2,048 42,812
Commitments 95,120 26,344 57,598 19,480 8,733 207,275
Total off-balance sheet 98,591 29,132 90,447 21,301 10,991 250,462
Total 546,756 358,226 437,101 85,580 145,300 1,572,963
2008
On-balance sheet:
Cash and balances at central banks 8,406 11,039 8,381 1,712 481 30,019
Items in the course of collection from other banks 1,447 59 – 169 20 1,695
Trading portfolio 23,865 35,396 66,084 2,770 26,185 154,300
Financial assets designated at fair value held on own account 14,158 7,388 19,738 2,904 3,858 48,046
Derivative financial instruments 317,621 215,054 366,161 4,403 81,563 984,802
Loans and advances to banks 7,524 12,591 13,616 2,189 11,787 47,707
Loans and advances to customers 213,079 91,109 75,826 44,373 37,428 461,815
Available for sale financial investments 15,423 18,928 16,583 3,351 8,549 62,834
Reverse repurchase agreements 22,659 41,724 47,034 848 18,089 130,354
Other assets 1,198 548 550 520 280 3,096
Total on-balance sheet 625,380 433,836 613,973 63,239 188,240 1,924,668
Off-balance sheet:
Acceptances and endorsements 274 – 6 41 264 585
Guarantees and letters of credit pledged as collateral security
and securities lending arrangements 4,433 3,742 42,227 1,738 1,802 53,942
Commitments 103,548 32,445 90,298 23,210 11,315 260,816
Total off-balance sheet 108,255 36,187 132,531 24,989 13,381 315,343
Total 733,635 470,023 746,504 88,228 201,621 2,240,011