Barclays 2010 Annual Report Download - page 107

Credit Quality of Loans and Advances (audited)
All loans and advances are categorised as either:
– neither past due nor individually impaired;
– past due but not individually impaired; or
– individually impaired, which includes restructured loans.
For the purposes of the disclosures:
– A loan is considered past due when the borrower has failed to make
a payment when due under the terms of the loan contract.
– The impairment allowance includes allowances against financial assets
that have been individually impaired and those subject to collective
impairment. Loans subject to collective impairment allowances are
included in either Neither past due but not impaired or Past due but
not impaired.
– Credit risk loans comprise loans and advances to banks and customers
90 days overdue or more and those subject to individual impairment.
– The coverage ratio is calculated by reference to the total impairment
allowance and the carrying value (before impairment) of credit risk loans.
Notes
a Financial assets subject to collective impairment allowance are included in this column if they are not past due.
b Financial assets subject to collective impairment allowance are included in this column if they are past due.
c Credit risk loans include the loan to Protium of £7,560m against which an impairment of £532m is held.
d Comparative figures for Home loans have been restated to align with externally disclosed arrears definitions.
Credit quality of loans and advances
(audited)
Neither
past due
nor
individually
impaireda
£m
Past due
but not
individually
impairedb
£m
Individually
impaired
£m
Total
£m
Impairment
allowance
£m
Total
carrying
value
£m
Credit
risk loansc
£m
Coverage
ratio
%
As at 31st December 2010
Trading portfolio:
Traded loans 2,170 – – 2,170 – 2,170 – –
Financial assets designated at fair value:
Loans and advances 22,273 79 – 22,352 – 22,352 – –
Other financial assets – – – – – – – –
Loans and advances to banks 37,149 663 35 37,847 (48) 37,799 35 100.0
Loans and advances to customers:
Home loans 156,908 9,488 2,513 168,909 (854) 168,055 4,294 19.9
Credit card receivables 20,734 1,253 3,112 25,099 (2,441) 22,658 3,642 67.0
Other personal lending 24,363 1,975 3,397 29,735 (3,127) 26,608 3,886 80.5
Wholesale and corporate 181,473 6,746 18,010 206,229 (5,611) 200,618 19,331 29.0
Finance lease receivables 9,338 589 427 10,354 (351) 10,003 694 50.6
Total 454,408 20,793 27,494 502,695 (12,432) 490,263 31,882 39.0
As at 31st December 2009
Trading portfolio:
Traded loans 2,962 – – 2,962 – 2,962 – –
Financial assets designated at fair value:
Loans and advances 22,210 180 – 22,390 – 22,390 – –
Other financial assets 557 – – 557 – 557 – –
Loans and advances to banks 38,859 2,280 57 41,196 (61) 41,135 57 100.0
Loans and advances to customers:
Home loansd139,045 8,839 1,854 149,738 (639) 149,099 3,758 17.0
Credit card receivables 20,195 1,544 2,459 24,198 (2,309) 21,889 3,068 75.3
Other personal lending 23,796 2,175 2,372 28,343 (2,908) 25,435 3,466 83.9
Wholesale and corporate 199,800 7,598 10,088 217,486 (4,558) 212,928 11,497 39.6
Finance lease receivables 10,128 664 402 11,194 (321) 10,873 696 46.1
Total 457,552 23,280 17,232 498,064 (10,796) 487,268 22,542 47.9
Barclays PLC Annual Report 2010 www.barclays.com/annualreport10 105
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