Barclays 2012 Annual Report Download - page 293

The strategic report Governance Risk review Financial review Financial statements Risk management Shareholder information
34 Non-controlling interests
Profit attributable to
non-controlling interests
Equity attributable to
non-controlling interests
2012
£m
2011
£m
2012
£m
2011
£m
Barclays Bank PLC issued:
– Preference shares 462 465 5,927 5,929
– Reserve Capital Instruments (RCIs) – 46 – –
– Upper Tier 2 instruments 4 3 591 586
Absa Group Limited 304 401 2,737 2,861
Other non–controlling interests 35 29 116 231
Total 805 944 9,371 9,607
The decrease in Absa Group Limited equity attributable to non-controlling interest to £2,737m (2011: £2,861m) is principally due to £247m
depreciation of African currencies against Sterling and £194m of dividends paid, offset by retained profits of £304m.
During 2011 the RCIs, with a nominal value of $2bn, generated £46m of coupons before being redeemed.
Details of the Preference shares and Upper Tier 2 instruments are shown below:
2012
£m
2011
£m
Preference shares:
6.00% non cumulative callable preference shares 746 746
6.278% non cumulative callable preference shares 550 550
4.875% non cumulative callable preference shares 689 689
4.75% non cumulative callable preference shares 1,010 1,011
6.625% non cumulative callable preference shares 407 407
7.1% non cumulative callable preference shares 660 660
7.75% non cumulative callable preference shares 552 553
8.125% non cumulative callable preference shares 1,313 1,313
Total Barclays Bank PLC preference shares 5,927 5,929
Absa Group preference shares 338 371
Total preference shares 6,265 6,300
Upper Tier 2 instruments:
Undated Floating Rate Primary Capital Notes Series 1 276 274
Undated Floating Rate Primary Capital Notes Series 2 315 312
Total Upper Tier 2 instruments 591 586
barclays.com/annualreport Barclays PLC Annual Report 2012 I 291