Barclays 2014 Annual Report Download - page 173

barclays.com/annualreport Barclays PLC Annual Report 2014 I 171
Overall forbearance balances in Barclays Core portfolios fell by 16% to £1,828m, driven primarily by full and partial repayments and balances
written off or moved to recoveries:
Q The 78% reduction in the Investment Bank to £106m was driven primarily by one large single name corporate exposure returning to the
performing book; and
Q Personal & Corporate Banking rose moderately to £1,590m (2013: £1,540m). The increase was partially offset by balance reductions as a result
of repayments or cases returned to performing, with comparatively fewer cases moving into recovery or written off.
BNC balances remain focused on the European corporate portfolios and reduced by 46% to £651m.
Analysis of Problem loans
Past due
Age analysis of loans and advances that are past due (audited)
The following tables present an age analysis of loans and advances that are past due but not impaired and loans that are assessed as impaired.
These loans are reflected in the balance sheet credit quality tables on pages 146 and 147 as being Higher Risk.
Loans and advances past due but not impaired (audited)
Past due up
to 1 month
£m
Past due
1-2 months
£m
Past due
2-3 months
£m
Past due
3-6 months
£m
Past due
6 months
and over
£m
Total
£m
As at 31 December 2014
Loans and advances designated at fair value 594 48 1 – 33 676
Home loans 46 6 17 135 230 434
Credit cards, unsecured and other retail lending 64 29 14 139 194 440
Corporate loans 7,204 630 874 190 387 9,285
Total 7,908 713 906 464 844 10,835
As at 31 December 2013
Loans and advances designated at fair value 113 45 9 10 170 347
Home loans 36 5 19 76 51 187
Credit cards, unsecured and other retail lending 103 37 16 56 109 321
Corporate loans 4,210 407 308 248 407 5,580
Total 4,462 494 352 390 737 6,435
Impaired loans
The following table represents an analysis of impaired loans in line with the disclosure requirements from the Enhanced Disclosure Taskforce. For
further information on definitions of impaired loans refer to the identifying potential credit risk loans section on page 116 of Barclays PLC Pillar 3 report.
Movement in impaired loans
At beginning
of year
£m
Classified as
impaired
during the
year
£m
Transferred
to not
impaired
during the
year
£m
Repayments
£m
Amounts
written off
£m
Exchange
and other
adjustmentsa
£m
Balance at
31 December
£m
2014
Home loans 1,983 762 (352) (412) (161) (317) 1,503
Credit cards, unsecured and other retail lending 3,385 2,089 (108) (361) (1,885) (507) 2,613
Corporate loans 5,142 1,167 (729) (658) (1,211) (1,028) 2,683
Total impaired loans 10,510 4,018 (1,189) (1,431) (3,257) (1,852) 6,799
2013
Home loans 2,207 1,217 (509) (576) (230) (126) 1,983
Credit cards, unsecured and other retail lending 3,874 2,449 (168) (362) (2,267) (141) 3,385
Corporate loans 5,666 2,188 (804) (710) (1,074) (124) 5,142
Total impaired loans 11,747 5,854 (1,481) (1,648) (3,571) (391) 10,510
For information on restructured loans refer to disclosures on forbearance on pages 167 to 171.
Note
a 2014 exchange and other adjustments includes the reclassification of Spanish loans now held for sale.
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