Barclays 2012 Annual Report Download - page 129

The strategic report Governance Risk review Financial review Financial statements Risk management Shareholder information
Impairment allowances (audited)
Impairment allowances decreased £921m to £9,676m, driven primarily by a reduction in the retail portfolios due to improved underlying credit
performance and delinquency. Amounts written off decreased £1,046m to £4,119m driven, in part, by the 2011 change in write-off policy, which
resulted in higher write-offs in the prior year.
Movements in allowance for impairment by asset class (audited)
At beginning
of year
£m
Acquisitions
and
disposals
£m
Unwind of
discount
£m
Exchange
and other
adjustments
£m
Amounts
written off
£m
Recoveries
£m
Amounts
charged to
income
statement
£m
Balance at
31 December
£m
2012
Home loans 834 – (45) (33) (382) 24 457 855
Credit cards, unsecured and other retail lending 4,540 (59) (144) (248) (2,102) 119 1,674 3,780
Corporate loans 5,223 (21) (22) (5) (1,635) 69 1,432 5,041
Total impairment allowance 10,597 (80) (211) (286) (4,119) 212 3,563 9,676
2011
Home loans 854 (2) (80) (101) (184) 14 333 834
Credit cards, unsecured and other retail lending 5,919 (4) (154) (145) (3,292) 139 2,077 4,540
Corporate loans 5,659 (12) (9) (194) (1,689) 112 1,356 5,223
Total impairment allowance 12,432 (18) (243) (440) (5,165) 265 3,766 10,597
Age analysis of loans and advances that are past due (audited)
The following tables present an age analysis of loans and advances that are past due but not impaired and loans that are assessed as impaired.
These loans are reflected in the balance sheet credit quality tables on pages 122-123 as being higher risk.
Loans and advances past due but not impaired (audited)
Past due
up to
1 month
£m
Past due
1-2 months
£m
Past due
2-3 months
£m
Past due
3-6 months
£m
Past due
6 months
and over
£m
Total
£m
As at 31 December 2012
Loans and advances designated at fair value 108 50 39 19 176 392
Home loans 127 23 48 42 39 279
Credit cards, unsecured and other retail lending 133 6 6 8 35 188
Corporate loans 4,261 471 459 236 427 5,854
Total 4,629 550 552 305 677 6,713
As at 31 December 2011
Loans and advances designated at fair value 56 46 – 3 327 432
Home loans 35 5 22 31 21 114
Credit cards, unsecured and other retail lending 117 29 27 48 127 348
Corporate loans 8,343 315 298 315 236 9,507
Total 8,551 395 347 397 711 10,401
barclays.com/annualreport Barclays PLC Annual Report 2012 I 127