Barclays 2012 Annual Report Download - page 147

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Barclays has exposures to other Eurozone countries as set out below. Total net on-balance sheet exposures to individual countries that are less
than £1bn are reported in aggregate under ‘Other’.
Net exposure by country and counterparty (audited)
Sovereign
£m
Financial
institutions
£m
Corporate
£m
Residential
mortgages
£m
Other retail
lending
£m
Total net
on-balance
sheet
exposure
£m
Contingent
liabilities and
commitments
£m
Total net
exposure
£m
As at 31 December 2012
France 3,746 5,345 3,905 2,607 121 15,724 7,712 23,436
Germany 277 4,454 4,945 27 1,734 11,437 6,604 18,041
Netherlands 3,503 4,437 2,002 16 92 10,050 2,205 12,255
Luxembourg 13 1,481 704 151 49 2,398 812 3,210
Belgium 2,548 284 239 9 6 3,086 1,525 4,611
Austria 1,047 228 187 5 – 1,467 127 1,594
Finland 1,044 209 140 3 – 1,396 461 1,857
Other 210 9 24 26 41 310 25 335
As at 31 December 2011
France 4,189 4,969 4,232 2,796 260 16,446 8,121 24,567
Germany 3,444 2,570 2,963 14 1,551 10,542 6,623 17,165
Netherlands 244 4,596 1,807 14 4 6,665 1,899 8,564
Luxembourga – 1,842 809 103 85 2,839 765 3,604
Belgium 2,033 42 282 10 – 2,367 881 3,248
Austria 134 360 237 5 2 738 119 857
Finland 298 47 43 3 – 391 447 838
Other 202 3 35 32 43 315 49 364
During 2012 the Group’s net on-balance sheet exposures to other Eurozone countries increased by 14% to £45.9bn. Sovereign exposure increased
17% to £12.4bn principally due to an increase in government bonds held as available for sale in the Netherlands, Austria and Finland of £4.4bn,
partially offset by a reduction in traded exposures to Germany of £3.0bn. Exposures to financial institutions and corporates increased 14% and
17%, to £16.4bn and £12.1bn respectively, reflecting increases in securities issued by German counterparties.
Gross exposure by country and counterparty (audited)
Sovereign
£m
Financial
institutions
£m
Corporate
£m
Residential
mortgages
£m
Other retail
lending
£m
Total gross
on-balance
sheet
exposure
£m
Contingent
liabilities and
commitments
£m
Total gross
exposure
£m
As at 31 December 2012
France 6,310 44,631 5,301 2,607 121 58,970 7,712 66,682
Germany 7,413 45,686 7,156 27 1,734 62,016 6,604 68,620
Netherlands 5,365 20,217 2,856 16 92 28,546 2,205 30,751
Luxembourg 13 5,092 1,061 151 49 6,366 812 7,178
Belgium 3,764 6,214 560 9 6 10,553 1,525 12,078
Austria 1,332 2,320 273 5 – 3,930 127 4,057
Finland 1,624 7,228 265 3 – 9,120 461 9,581
Other 525 28 29 26 41 649 25 674
As at 31 December 2011
France 6,636 44,879 5,771 2,796 260 60,342 8,121 68,463
Germany 9,105 45,639 5,708 14 1,551 62,017 6,623 68,640
Netherlands 2,116 14,399 7,273 14 4 23,806 1,899 25,705
Luxembourg 1,034 4,221 1,056 103 85 6,499 765 7,264
Belgium 2,889 9,760 653 10 – 13,312 881 14,193
Austria 454 2,922 289 5 2 3,672 119 3,791
Finland 1,023 11,821 127 3 – 12,974 447 13,421
Other 489 35 35 32 43 634 49 683
Note
a Exposure to financial institutions has been restated to exclude exposures to supranational entities.
barclays.com/annualreport Barclays PLC Annual Report 2012 I 145