Barclays 2014 Annual Report Download - page 151

barclays.com/annualreport Barclays PLC Annual Report 2014 I 149
Analysis of gross loans & advances by product
Home Loans
£m
Credit cards,
unsecured
and other
retail lending
£m
Corporate
Loans
£m
Group
Total
£m
As at 31 December 2014
Personal & Corporate Banking 136,022 23,837 64,877 224,736
Africa Banking 12,959 8,375 16,312 37,646
Barclaycard – 38,376 – 38,376
Investment Bank – – 106,377 106,377
Head Office and Other Operations – – 3,240 3,240
Total Core 148,981 70,588 190,806 410,375
Barclays Non-Core 18,540 1,779 44,639 64,958
Group Total 167,521 72,367 235,445 475,333
As at 31 December 2013
Personal & Corporate Banking 132,833 25,636 59,947 218,416
Africa Banking 13,615 8,321 15,443 37,379
Barclaycard – 33,024 – 33,024
Investment Bank – – 104,468 104,468
Head Office and Other Operations – – 3,072 3,072
Total Core 146,448 66,981 182,930 396,359
Barclays Non-Core 33,867 7,000 43,691 84,558
Group Total 180,315 73,981 226,621 480,917
Analysis of the concentration of credit risk
A concentration of credit risk exists when a number of counterparties are located in a geographical region or are engaged in similar activities and
have similar economic characteristics that would cause their ability to meet contractual obligations to be similarly affected by changes in
economic or other conditions. The Group implements limits on concentrations in order to mitigate the risk. The analyses of credit risk
concentrations presented below are based on the location of the counterparty or customer or the industry in which they are engaged. Further
detail on the Group’s policies with regard to managing concentration risk is presented on page 190.
Geographic concentrations
As at 31 December 2014, the geographic concentration of the Group’s assets remained broadly consistent with 2013. 38% (2013: 37%) of the
exposure is concentrated in the UK, 22% (2013: 23%) in Europe and 31% (2013: 29%) in the Americas.
For balance sheet assets, the most significant change in concentrations was for cash held at central banks. A significant reduction in Europe was
noted, primarily with the European Central Bank, following the change in composition of the liquidity pool with the Bank of England and the
Federal Reserve. Balances in the UK and US contributed a higher proportion of the total as a result. Overall reverse repurchase agreements have
decreased due to reduced matched book trading and a focus on reducing the leveraged balance sheet. This is reflected in balances within the
Americas, UK and Europe.
Information on exposures to Eurozone countries is presented on pages 150 to 154.
Credit risk concentrations by geography (audited)
As at 31 December 2014
United
Kingdom
£m
Europe
£m
Americas
£m
Africa and
Middle East
£m
Asia
£m
Total
£m
On-balance sheet:
Cash and balances at central banks 13,770 12,224 9,365 2,161 2,175 39,695
Items in the course of collection from other banks 644 158 – 408 – 1,210
Trading portfolio assets 12,921 15,638 31,061 2,498 6,572 68,690
Financial assets designated at fair value 21,274 1,591 3,986 2,999 501 30,351
Derivative financial instruments 133,400 147,421 129,771 2,332 26,985 439,909
Loans and advances to banks 7,472 12,793 13,227 3,250 5,369 42,111
Loans and advances to customers 241,543 60,018 76,561 39,241 10,404 427,767
Reverse repurchase agreements and other similar secured lending 20,551 22,655 81,368 928 6,251 131,753
Available for sale debt securities 22,888 33,368 22,846 4,770 1,667 85,539
Other assets 837 – 232 483 128 1,680
Total on-balance sheet 475,300 305,866 368,417 59,070 60,052 1,268,705
Off-balance sheet:
Contingent liabilities 10,222 2,542 5,517 2,757 225 21,263
Documentary credits and other short-term trade related transactions 851 36 – 186 18 1,091
Forward starting reverse repurchase agreements 4,462 5,936 701 2 2,755 13,856
Standby facilities, credit lines and other commitments 108,025 34,886 116,343 14,911 2,150 276,315
Total off-balance sheet 123,560 43,400 122,561 17,856 5,148 312,525
Total 598,860 349,266 490,978 76,926 65,200 1,581,230
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