Barclays 2013 Annual Report Download - page 187

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Sovereign
£184m (2012: £2,067m) largely consisting of holdings in government bonds held at fair value through profit and loss. During the period Spanish
sovereign exposure reduced due to the disposal of AFS government bonds.
Financial institutions
£857m (2012: £788m) held at fair value through profit and loss, predominantly debt securities held by the Investment Bank to support trading
and market making activities; and
£163m (2012: £480m) AFS investments with £4m (2012: £11m loss) cumulative gain held in AFS reserve.
Residential mortgages
£12,537m (2012: £13,305m) fully secured on residential property with average balance weighted marked to market LTV of 63% (2012: 65%).
The increase in LTV is reflected in the CRL coverage of 37% (2012: 36%); and
90 day arrears rates have remained stable at 0.7% and 1.1% respectively.
Corporate
Net lending to corporates of £2,290m (2012: £3,311m) with CRLs of £1,651m (2012: £1,887m), impairment allowance of £934m (2012:
£1,060m) and CRL coverage of 57% (2012: 56%). Balances on EWL peaked in November 2010;
The portfolio is kept under close review. EWL balances remain on the reducing trend seen since the peak in H110. Over this period, EWL balances
have more than halved;
Net lending to property and construction industry of £774m (2012: £1,188m) largely secured on real estate collateral, with CRLs of £1,112m
(2012: £1,429m), impairment allowance of £659m (2012: £820m) and CRL coverage of 59% (2012: 57%);
Corporate impairment in Spain was at its highest level during H110 when commercial property declines were reflected earlier in the cycle; and
£284m (2012: £359m) lending to multinational and large national corporates, which continues to perform.
Other retail lending
£961m (2012: £1,052m) credit cards and unsecured loans. 30 day arrears marginally improved while 90 day arrears rates increased. Gross
charge off rates in credit cards and unsecured loans were stable in during the year; and
£933m (2012: £1,045m) lending to small and medium enterprises (SMEs), largely secured against residential or commercial property.
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