Barclays 2012 Annual Report Download - page 122

Industrial concentrations
As at 31 December 2012, the industrial concentration of the Group’s assets remained broadly consistent with 31 December 2011, with 50% of
total assets being concentrated towards banks and other financial institutions (2011: 51%). For balance sheet assets, the most significant change
in concentration was for financial assets designated at fair value, for which the proportion of the overall balance that was concentrated towards
governments and central banks increased by 11% on account of the acquisition during the year of economically hedged government bonds.
Within off-balance sheet, there was a significant reduction in the concentration of exposures to other financial institutions due to the cessation of
the securities lending arrangements contracted with BlackRock, Inc. upon the disposal of Barclays Global Investors in 2009. Further detail on this
transaction is included in Note 28.
Credit risk concentrations by industry (audited)
As at 31 December 2012 Banks
£m
Other
financial
institu-
tions
£m
Manu-
facturing
£m
Const-
ruction
and
property
£m
Govern-
ment and
central
bank
£m
Energy
and
water
£m
Wholesale
and retail
distrib-
ution and
leisure
£m
Business
and other
services
£m
Home
loans
£m
Cards,
unsecured
loans and
other
personal
lending
£m
Other
£m
Total
£m
On-balance sheet:
Cash and balances
at central banks – – – – 86,175 – – – – – – 86,175
Items in the course
of collection from
other banks 1,456 – – – – – – – – – – 1,456
Trading portfolio assets 9,240 24,412 2,072 504 73,848 3,124 446 2,257 – – 1,260 117,163
Financial assets
designated at fair value 5,555 3,524 175 10,062 11,057 885 600 3,581 – – 402 35,841
Derivative financial
instruments 349,481 81,080 2,401 4,478 9,589 10,011 2,203 6,906 – – 2,997 469,146
Loans and advances
to banks 38,870 – – – 1,619 – – – – – – 40,489
Loans and advances
to customers – 87,990 11,518 25,253 4,923 7,622 14,603 24,152 174,614 53,647 21,407 425,729
Reverse repurchase
agreements and other
similar secured lending 64,616 106,665 4 1,014 3,684 261 98 610 – – 4 176,956
Available for sale
debtsecurities 16,933 10,273 92 91 46,177 122 42 846 – – 101 74,677
Other assets 249 632 2 34 165 6 8 192 13 694 6 2,001
Total on-balance sheet 486,400 314,576 16,264 41,436 237,237 22,031 18,000 38,544 174,627 54,341 26,177 1,429,633
Off-balance sheet:
Securities lending
arrangements – – – – – – – – – – – –
Guarantees and letters
of credit pledged as
collateral security 836 3,810 1,649 847 1,680 1,856 989 2,654 89 289 1,156 15,855
Acceptances,
endorsements and other
contingent liabilities 533 891 883 371 10 828 495 1,565 – 44 382 6,002
Documentary credits and
other short term trade
related transactions 559 51 55 3 – 1 77 275 – 4 2 1,027
Standby facilities, credit
lines and other
commitments – 34,464 24,937 8,675 3,829 21,790 10,566 13,727 17,538 96,993 15,297 247,816
Total off-balance sheet 1,928 39,216 27,524 9,896 5,519 24,475 12,127 18,221 17,627 97,330 16,837 270,700
Total 488,328 353,792 43,788 51,332 242,756 46,506 30,127 56,765 192,254 151,671 43,014 1,700,333
barclays.com/annualreport120 I Barclays PLC Annual Report 2012
Risk review
Credit risk continued