Barclays 2010 Annual Report Download - page 87

Concentrations of Credit Risk
A concentration of credit risk exists when a number of counterparties are located in a geographical region, or 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 (audited)
United
Kingdom
£m
Other
European
Union
£m
United
States
£m
Africa
£m
Rest of the
World
£m
Total
£m
As at 31st December 2010
On-balance sheet:
Cash and balances at central banks 18,535 13,558 41,288 2,293 21,956 97,630
Items in the course of collection from other banks 1,169 114 – 100 1 1,384
Trading portfolio assets 16,063 30,066 66,148 1,516 27,617 141,410
Financial assets designated at fair value 14,800 3,613 9,001 2,918 4,039 34,371
Derivative financial instruments 129,183 129,497 110,467 4,234 46,938 420,319
Loans and advances to banks 5,233 10,375 12,559 1,475 8,157 37,799
Loans and advances to customers 209,995 83,269 53,297 52,938 28,443 427,942
Reverse repurchase agreements and other similar secured lending 50,044 45,265 77,430 23 33,010 205,772
Available for sale financial investments 25,466 14,839 6,399 7,281 5,644 59,629
Other assets 1,612 235 314 537 126 2,824
Total on-balance sheet 472,100 330,831 376,903 73,315 175,931 1,429,080
Off-balance sheet:
Securities lending arrangements – – 27,672 – – 27,672
Guarantees and letters of credit pledged as collateral security 3,803 2,273 4,266 2,179 1,262 13,783
Acceptances and endorsements 125 4 6 29 167 331
Documentary credits and other short-term trade related transactions 476 156 143 183 236 1,194
Standby facilities, credit lines and other commitments 94,676 29,985 64,812 24,522 8,968 222,963
Total off-balance sheet 99,080 32,418 96,899 26,913 10,633 265,943
Total 571,180 363,249 473,802 100,228 186,564 1,695,023
As at 31st December 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 assets 12,232 35,088 52,229 1,414 28,519 129,482
Financial assets designated at fair value 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
Reverse repurchase agreements and other similar secured lending 22,222 44,014 60,759 527 15,909 143,431
Available for sale financial investments 16,752 14,028 7,175 4,993 6,859 49,807
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:
Securities lending arrangements – – 27,406 – – 27,406
Guarantees and letters of credit pledged as collateral security 3,337 2,783 5,443 1,795 2,048 15,406
Acceptances and endorsements 134 5 – 26 210 375
Documentary credits and other short-term trade related transactions 357 94 – 174 137 762
Standby facilities, credit lines and other commitments 94,763 26,250 57,598 19,306 8,596 206,513
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
Barclays PLC Annual Report 2010 www.barclays.com/annualreport10 85
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