Barclays 2014 Annual Report Download - page 165

barclays.com/annualreport Barclays PLC Annual Report 2014 I 163
Investment Bank
Analysis of loans and advances at amortised cost
Gross L&A
£m
Impairment
allowance
£m
L&A net of
impairment
£m
Credit risk
loans
£m
CRLs % of
gross L&A
%
Loan
impairment
charges
£m
Loan loss
rates
bps
As at 31 December 2014
Loans and advances to banks
Interbank lending 10,275 – 10,275 – – (3) (3)
Cash collateral and settlement balances 9,626 – 9,626 – – – –
Loans and advances to customers
Wholesale lending 28,436 44 28,392 71 0.2 (11) (4)
Cash collateral and settlement balances 58,040 – 58,040 – – – –
Total 106,377 44 106,333 71 0.1 (14) (1)
As at 31 December 2013
Loans and advances to banks
Interbank lending 9,578 – 9,578 – – – –
Cash collateral and settlement balances 10,765 – 10,765 – – – –
Loans and advances to customers
Wholesale lending 25,328 – 25,328 – – (30) (12)
Cash collateral and settlement balances 58,797 – 58,797 – – – –
Total 104,468 – 104,468 – – (30) (3)
Non-Core Wholesale
The table below details Non-Core loans and advances which form part of the Wholesale risk portfolio.
Analysis of loans and advances at amortised cost
Gross L&A
£m
Impairment
allowance
£m
L&A net of
impairment
£m
Credit risk
loans
£m
CRLs % of
gross L&A
%
Loan
impairment
charges
£m
Loan loss
rates
bps
As at 31 December 2014
Loans and advances to banks
Interbank lending 373 – 373 – – – –
Cash collateral and settlement balances 11,622 – 11,622 – – – –
Loans and advances to customers
Wholesale lending 8,978 602 8,376 841 9.4 53 59
Cash collateral and settlement balances 23,726 – 23,726 – – – –
Total 44,699 602 44,097 841 1.9 53 12
As at 31 December 2013
Loans and advances to banks
Interbank lending 346 10 336 18 5.2 – –
Cash collateral and settlement balances 10,338 – 10,338 – – – –
Loans and advances to customers
Wholesale lending 15,980 1,823 14,157 3,130 19.6 581 364
Cash collateral and settlement balances 17,027 – 17,027 – – – –
Total 43,691 1,833 41,858 3,148 7.2 581 133
Wholesale Lending decreased £5.7bn to £8.4bn driven by reclassification of Spanish loans now held for sale and run-down of legacy loan
portfolios. Wholesale loans predominantly relate to capital equipment loans, legacy Collateralised Loan Obligations and legacy Collateralised Debt
Obligations.
Loan impairment charges improved £528m to £53m, driven by the non-recurrence of impairments on single name exposures, impairment releases
on the wholesale portfolio as a result of confirmation on Government subsidies in the renewable energy sector.
Credit Risk Loans decreased to £841m (2013: £3,148m) as a result of the reclassification of Spanish loans now held for sale and a write-off of a
single name exposure.
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