RBS 2006 Annual Report Download - page 194
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RBS Group • Annual Report and Accounts 2006 193
Financial statements
Company
After 3 After 6 After 1
months months year Total Non
but less but less but less interest interest Banking
3 months than than than Over 5 earning/ earning/ Book
or less 6 months 1 year 5 years years bearing Yield bearing Total
2006 £m £m £m £m £m £m % £m £m
Assets
Loans and advances to banks 1,378 178 — 1,457 4,235 7,248 6.33 4 7,252
Loans and advances to customers 286 ————2865.94 — 286
Investment in subsidiaries ———————21,784 21,784
Other assets ——————— 3 3
Total assets 1,664 178 — 1,457 4,235 7,534 6.32 21,791 29,325
Liabilities and equity
Deposits by banks 738 ————7385.42 — 738
Debt securities in issue 2,139 ————2,139 5.24 — 2,139
Other liabilities ———————5757
Subordinated liabilities 1,233 178 — 1,455 5,328 8,194 6.24 — 8,194
Shareholders’ equity ———————18,197 18,197
Total liabilities and equity 4,110 178 — 1,455 5,328 11,071 5.99 18,254 29,325
Interest rate swaps —————— —
Interest rate sensitivity gap (2,446) — — 2 (1,093) (3,537) 3,537
Cumulative interest rate sensitivity gap (2,446) (2,446) (2,446) (2,444) (3,537) (3,537) —
2005
Assets
Loans and advances to banks 1,803 554 119 1,585 5,061 9,122 6.05 — 9,122
Loans and advances to customers 305 — — 262 — 567 2.82 — 567
Investment in subsidiaries ———————20,851 20,851
Other assets ———————202202
Total assets 2,108 554 119 1,847 5,061 9,689 5.86 21,053 30,742
Liabilities and equity
Deposits by banks 951————9514.42 — 951
Customer accounts 55————55——55
Debt securities in issue 2,942 ————2,942 4.55 — 2,942
Other liabilities ———————1414
Subordinated liabilities 1,317 567 116 1,603 5,639 9,242 6.83 — 9,242
Shareholders’ equity ———————17,538 17,538
Total liabilities and equity 5,265 567 116 1,603 5,639 13,190 6.12 17,552 30,742
Interest rate swaps —————— —
Interest rate sensitivity gap (3,157) (13) 3 244 (578) (3,501) 3,501
Cumulative interest rate sensitivity gap (3,157) (3,170) (3,167) (2,923) (3,501) (3,501) —
Trading book
The table below sets out by time band the net effect on the Group’s profit or loss of a basis point (0.01%) increase in interest rates,
assuming all trading positions remained unchanged.
Group
After 3 After 6 After 1
months months year
but less but less but less
3 months than than than Over 5
or less 6 months 1 year 5 years years Total
2006 £000 £000 £000 £000 £000 £000
Gain/(loss) per basis point increase 187 102 110 (2,033) 763 (871)
2005
(Loss)/gain per basis point increase (487) (40) 180 (1,631) 1,146 (832)
Financial assets and liabilities designated as at fair value through profit or loss
2006 2005
£m £m
Net gain in year recognised in other operating income 573 364