Barclays 2012 Annual Report Download - page 209

The strategic report Governance Risk review Financial review Financial statements Risk management Shareholder information
All disclosures in this section are unaudited unless otherwise stated
Segmental analysis (audited)
Analysis of results by business (audited)
UKRBB
£m
Europe
RBB
£m
Africaf
RBB
£m
Barclaycard
£m
Investment
Bank
£m
Corporate
Bankingf
£m
Wealth and
Investment
Management
£m
Head Office
and Other
Operations
£m
Total
£m
As at 31 December 2012
Total income net of insurance
claimsa4,421 915 3,157 4,170 11,722 2,918 1,815 (4,427) 24,691
Credit impairment charges and
other provisions (269) (328) (646) (979) (460) (872) (38) (4) (3,596)
Operating expensesb, c, d (3,864) (839) (2,053) (2,135) (7,249) (2,355) (1,463) (1,031) (20,989)
Other income/(losses)e4 13 10 30 50 10 1 22 140
Profit/(loss) before tax from
continuing operations 292 (239) 468 1,086 4,063 (299) 315 (5,440) 246
Total assets 136,665 47,128 44,798 37,511 1,074,805 86,255 23,716 39,443 1,490,321
As at 31 December 2011
Total income net of insurance
claimsa4,656 1,226 3,571 4,095 10,335 3,108 1,744 3,557 32,292
Credit impairment charges and
other provisions (536) (261) (466) (1,259) (93) (1,147) (41) (1,799) (5,602)
Operating expensesb, c, d (3,102) (1,638) (2,279) (2,306) (7,289) (1,882) (1,493) (788) (20,777)
Other income/(losses)e2 12 6 31 12 (71) (3) (23) (34)
Profit/(loss) before tax from
continuing operations 1,020 (661) 832 561 2,965 8 207 947 5,879
Total assets 127,845 51,310 48,243 33,838 1,158,350 91,190 20,866 31,885 1,563,527
As at 31 December 2010
Total income net of insurance
claimsa4,518 1,164 3,512 4,024 13,209 3,162 1,560 291 31,440
Credit impairment charges and
other provisions (819) (314) (559) (1,688) (543) (1,699) (48) (2) (5,672)
Operating expensesb, c, d (2,809) (1,033) (2,307) (1,570) (8,295) (2,018) (1,349) (590) (19,971)
Other income/(losses)e99 44 84 25 18 (2) – – 268
Profit/(loss) before tax from
continuing operations 989 (139) 730 791 4,389 (557) 163 (301) 6,065
Total assets 121,590 53,609 57,760 30,324 1,094,799 88,239 17,849 25,475 1,489,645
Notes
a The impact of own credit movements in the fair value of structured note issuance is charge of £4,579m (2011: gain of £2,708m; 2010: gain of £391m) is included
within the results of Head Office and Other Operations. This reflects the fact that these fair value movements relate to the credit worthiness of the issuer as a whole.
Furthermore, delays to planned changes in accounting standards will mean own credit movements are likely to continue to be reflected in the income statement for
the foreseeable future.
b The UK bank levy of £345m (2011: £325m; 2010: £nil) is reported under Head Office and Other Operations.
c The provision for PPI redress of £1,600m is reported under UKRBB £1,180m (2011: £400m; 2010: £nil) and Barclaycard £420m (2011: £600m; 2010: £nil).
d The impairment of goodwill is £nil (2011: £597m; 2010: £243m) relates to Europe RBB £nil (2011: £427m; 2010: £nil), Corporate Banking £nil (2011: £123m; 2010:
£243m) and Barclaycard £nil (2011: £47m; 2010: £nil).
e Other income/(losses) represents: share of post-tax results of associates and joint ventures; profit or (loss) on disposal of subsidiaries, associates and joint ventures;
and gains on acquisitions.
f Certain corporate banking activities in Africa, previously reported under Africa RBB, are now included within Corporate Banking. The 2010 and 2011 comparatives
have been restated. This restatement has no impact on the Group’s overall result.
barclays.com/annualreport Barclays PLC Annual Report 2012 I 207
Financial review
Analysis of results by business