Barclays 2009 Annual Report Download - page 50

Commitments and contractual obligations
Commercial commitments include guarantees, contingent liabilities and standby facilities.
Commercial commitments Amount of commitment expiration per period
Between Between Total
Less than one to three to After amounts
one year three years five years five years committed
£m £m £m £m £m
2009
Acceptances and endorsements 372 3 – – 375
Guarantees and letters of credit pledged as collateral security 6,770 4,103 1,286 3,247 15,406
Securities lending arrangementsa27,406 – – – 27,406
Other contingent liabilities 7,637 853 381 716 9,587
Documentary credits and other short-term trade related transactions 722 38 2 – 762
Forward asset purchases and forward deposits placed 46 – – – 46
Standby facilities, credit lines and other 145,916 44,004 9,794 6,753 206,467
2008
Acceptances and endorsements 576 6 3 – 585
Guarantees and letters of credit pledged as collateral security 7,272 2,529 1,781 4,070 15,652
Securities lending arrangementsa38,290 – – – 38,290
Other contingent liabilities 7,989 1,604 372 1,818 11,783
Documentary credits and other short-term trade related transactions 770 88 1 – 859
Forward asset purchases and forward deposits placed 50 241 – – 291
Standby facilities, credit lines and other 195,035 29,666 26,150 8,815 259,666
Contractual obligations include debt securities, operating lease and purchase obligations.
Contractual obligations Payments due by period
Between Between
Less than one to three to After
one year three years five years five years Total
£m £m £m £m £m
2009
Long-term debt 80,824 31,138 12,982 28,626 153,570
Operating lease obligations 468 808 675 2,936 4,887
Purchase obligations 1,109 940 541 1,243 3,833
Total 82,401 32,886 14,198 32,805 162,290
2008
Long-term debt 108,172 24,701 10,855 22,008 165,736
Operating lease obligations 280 690 785 2,745 4,500
Purchase obligations 214 225 61 20 520
Total 108,666 25,616 11,701 24,773 170,756
The long-term debt does not include undated loan capital of £8,148m (2008: £13,673m). Further information on the contractual maturity of the Group’s
assets and liabilities is given in Note 49.
48 Barclays PLC Annual Report 2009 www.barclays.com/annualreport09
Financial review
Additional financial disclosure
continued
Note
aSecurities lending arrangements are fully collateralised, and are not expected to result in an
outflow of funds from the Group, see Note 34 on page 246 for further details.