Barclays 2015 Annual Report Download - page 148

146 I Barclays PLC Annual Report 2015 home.barclays/annualreport
Risk review
Maximum exposure and effects of collateral and other credit enhancements (audited)
As at 31 December 2015
Maximum
exposure
£m
Netting
and set-off
£m
Collateral Risk
transfer
£m
Net
exposure
£m
Cash
£m
Non-cash
£m
On-balance sheet:
Cash and balances at central banks 49,711 – – – – 49,711
Items in the course of collection from other banks 1,011 – – – – 1,011
Trading portfolio assets:
Debt securities 45,576 – – – – 45,576
Traded loans 2,474 – – (607) (1) 1,866
Total trading portfolio assets 48,050 – – (607) (1) 47,442
Financial assets designated at fair value:
Loans and advances 17,913 – (21) (5,850) (515) 11,527
Debt securities 1,383 – – – – 1,383
Reverse repurchase agreementsa49,513 – (315) (49,027) – 171
Other financial assets 375 – – – – 375
Total financial assets designated at fair value 69,184 – (336) (54,877) (515) 13,456
Derivative financial instruments 327,709 (259,582) (34,918) (7,484) (5,529) 20,196
Loans and advances to banks 41,349 – (4) (4,072) (64) 37,209
Loans and advances to customers:
Home loans 155,863 – (221) (154,355) (634) 653
Credit cards, unsecured and other retail lending 67,840 (12) (1,076) (14,512) (1,761) 50,479
Corporate loans 175,514 (8,399) (593) (45,788) (4,401) 116,333
Total loans and advances to customers 399,217 (8,411) (1,890) (214,655) (6,796) 167,465
Reverse repurchase agreements and other similar secured lending 28,187 – (166) (27,619) – 402
Available for sale debt securities 89,278 – – (832) (811) 87,635
Other assets 1,410 – – – – 1,410
Total on-balance sheet 1,055,106 (267,993) (37,314) (310,146) (13,716) 425,937
Off-balance sheet:
Contingent liabilities 20,576 – (604) (1,408) (104) 18,460
Documentary credits and other short-term trade-related transactions 845 – (33) (57) (3) 752
Forward starting reverse repurchase agreementsb93 – – (91) – 2
Standby facilities, credit lines and other commitments 281,369 – (313) (24,156) (662) 256,238
Total off-balance sheet 302,883 – (950) (25,712) (769) 275,452
Total 1,357,989 (267,993) (38,264) (335,858) (14,485) 701,389
Notes
a During 2015, new reverse repurchase agreements and other similar secured lending in certain businesses have been designated at fair value to better align to the way the business
manages the portfolio’s risk and performance.
b Forward starting reverse repurchase agreements were previously disclosed as loan commitments. Following the business designation of reverse repurchase and repurchase
agreements at fair value through profit and loss, new forward starting reverse repurchase agreements are within the scope of IAS 39 and are recognised as derivatives on the
balance sheet.
Risk performance
Credit risk