Barclays 2013 Annual Report Download - page 161

Analysis of retail gross loans and advances
Secured home loansa
£m
Credit cards,
overdrafts and
unsecured loans
£m
Other secured
retail lendingb
£m
Business lending
£m
Total retail
£m
As at 31 December 2013
UK RBB 122,879 6,854 – 8,323 138,056
Europe RBB 33,615 2,870 – 1,531 38,016
Africa RBB 13,664 2,469 2,584 646 19,363
Barclaycard – 34,276 2,487 705 37,468
Corporate Banking 252 199 30 7 488
Wealth and Investment Management 2,575 91 162 – 2,828
Total 172,985 46,759 5,263 11,212 236,219
As at 31 December 2012
UK RBB 114,766 6,863 – 8,053 129,682
Europe RBB 34,825 3,430 – 1,742 39,997
Africa RBB 17,422 2,792 3,086 687 23,987
Barclaycard – 32,432 2,730 570 35,732
Corporate Banking 274 336 117 12 739
Wealth and Investment Management 2,267 63 205 – 2,535
Total 169,554 45,916 6,138 11,064 232,672
Secured home loans and credit cards, overdrafts and unsecured loans are analysed on pages 165 and 169, respectively.
Management adjustments to models for impairment
Management adjustments to models for impairment in retail portfolios are applied in order to factor in certain conditions or changes in policy that
are not incorporated into the relevant impairment models or to ensure that the impairment allowance reflects all known facts and circumstances
at the period end. Adjustments typically increase the model derived impairment allowance.
Management adjustments to models of more than £10m with respect to impairment charge in our principal retail portfolios are presented below.
Principal portfolios with management adjustments greater than £10m
As at 31 December 2013
Management
adjustments to
impairment charge,
including forbearance
£m
Proportion of total
impairment charge
%
UK home loans 13 61.9
South Africa home loans 11 10.7
UK personal loans 20 13.7
UK overdrafts 10 14.3
Iberia cards 12 14.1
Spain business lending 25 40.1
The significant management adjustments to impairment were due to:
 UK home loans – higher impairment allowances reflecting the external environment;
 South Africa home loans – maintaining impairment coverage on the recoveries book following a reduction in the loss given default rate;
 UK personal loans – impacts from changes to the impairment policy for emergence periods, forbearance and high risk pending their inclusion
into the impairment models;
 UK overdraft – additional coverage for dormant accounts together with changes to the impairment policy for emergence periods, forbearance
and high risk pending inclusion into the impairment models;
 Iberia cards – impacts from changes to impairment policy for emergence periods forbearance and high risk pending their inclusion into the
impairment models; and
 Spain business lending – additional charges resulting from decreases in subsidies to the renewable energy sector in Spain.
Notes
a All portfolios under secured home loans are primarily first lien mortgages. Other secured retail lending under Barclaycard is a second lien mortgage portfolio.
b Other secured retail lending includes vehicle auto finance in Africa RBB and UK secured lending in Barclaycard.
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