Barclays 2009 Annual Report Download - page 293

www.barclays.com/annualreport09 Barclays PLC Annual Report 2009 291
49 Liquidity risk continued
At 31st December 2008 Over
three Over Over Over Over
months six months one year three years five years
Not more but not but not but not but not but not
On than three more than more than more than more than more than Over
demand months six months one year three years five years ten years ten years Total
£m £m £m £m £m £m £m £m £m
Assets
Cash and balances at central banks 29,774 245 ––––––30,019
Items in the course of collection
from other banks 1,619 76 ––––––1,695
Trading portfolio assets 185,637 –––––––185,637
Financial assets designated
at fair value:
– held on own account 661 13,861 1,648 5,861 5,420 6,738 4,159 16,194 54,542
Derivative financial instruments:
– held for trading 981,996 –––––––981,996
– designated for risk management – 381 91 542 505 336 419 532 2,806
Loans and advances to banks 4,882 35,690 505 1,892 1,887 1,854 52 945 47,707
Loans and advances to customers 51,155 87,624 12,447 21,976 60,927 44,982 57,409 125,295 461,815
Available for sale financial
investments 132 11,539 5,129 13,461 10,266 6,660 9,779 8,010 64,976
Reverse repurchase agreements
and cash collateral on
securities borrowed 29 107,415 8,947 2,582 10,124 1,019 238 – 130,354
Other financial assets – 2,459 – – 637 – – – 3,096
Total financial assets 1,255,885 259,290 28,767 46,314 89,766 61,589 72,056 150,976 1,964,643
Other assets 88,337
Total assets 2,052,980
Liabilities
Deposits from other banks 10,850 94,083 6,040 1,273 1,585 461 433 185 114,910
Items in the course of collection
due to other banks 1,633 2 ––––––1,635
Customer accounts 195,728 112,582 9,389 10,099 2,451 1,555 1,395 2,306 335,505
Trading portfolio liabilities 59,474 –––––––59,474
Financial liabilities designated
at fair value:
– held on own account 1,043 16,573 10,630 5,115 12,229 12,041 11,825 7,436 76,892
Derivative financial instruments:
– held for trading 964,071 –––––––964,071
– designated for risk management – 222 141 1,345 1,197 108 781 207 4,001
Debt securities in issue 2,567 79,600 10,049 17,197 23,355 9,856 2,528 4,415 149,567
Repurchase agreements and
cash collateral on securities lent 69 176,169 3,409 2,067 245 267 59 – 182,285
Subordinated liabilities – 260 49 281 1,345 999 10,176 16,732 29,842
Other financial liabilities – 4,573 – – 1,572 – – – 6,145
Total financial liabilities 1,235,435 484,064 39,707 37,377 43,979 25,287 27,197 31,281 1,924,327
Other liabilities 81,242
Total liabilities 2,005,569
Cumulative liquidity gap 20,450 (204,324) (215,264) (206,327) (160,540) (124,238) (79,379) 40,316 47,411
Expected maturity dates do not differ significantly from the contract dates, except for:
– Trading Portfolio Assets and Liabilities and derivative financial instruments, which may not be held to maturity as part of the Group’s trading strategies. For
these instruments, which are mostly held by Barclays Capital, liquidity and repricing risk is managed through the Daily Value at Risk (DVaR) methodology.
– Retail deposits, which are included within customer accounts, are repayable on demand or at short notice on a contractual basis. In practice, these
instruments form a stable base for the Group’s operations and liquidity needs because of the broad base of customers – both numerically and by
depositor type.
– Financial assets designated at fair value held in respect of linked liabilities, which are managed with the associated liabilities.