RBS 2013 Annual Report Download - page 439
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Notes on the consolidated accounts
437
13 Financial assets – impairments continued
2013 2012 2011
Impairment losses/(recoveries) charged to the income statement £m £m £m
Loans and advances to customers 8,427 5,292 7,241
Loans and advances to banks (15) 23 —
8,412 5,315 7,241
Debt securities 20 (67) 1,431
Equity shares — 31 35
20 (36) 1,466
8,432 5,279 8,707
The following tables analyse impaired financial assets.
2013 2012 2011
Carrying Carrying Carrying
Cost Provision value Cost Provision value Cost Provision value
£m £m £m £m £m £m £m £m £m
Loans and receivables
Loans and advances to banks (1) 70 63 7134 114 20 137 123 14
Loans and advances to customers (2) 37,101 23,150 13,951 38,352 19,176 19,176 38,610 17,774 20,836
37,171 23,213 13,958 38,486 19,290 19,196 38,747 17,897 20,850
Notes:
(1) Impairment provisions individually assessed.
(2) Impairment provisions individually assessed on balances of £26,939 million (2012 - £26,797 million; 2011 - £29,058 million).
Carrying Carrying Carrying
value value value
2013 2012 2011
£m £m £m
A
vailable-for-sale securities
Debt securities 145 225 873
Equity shares 30 31 57
Loans and receivables
Debt securities 585 1,008 234
760 1,264 1,164
The following table shows financial and non-financial assets, recognised on the Group's balance sheet, obtained during the year by taking possession of
collateral or calling on other credit enhancements.
2013 2012 2011
£m £m £m
Residential property 18 67 60
Other property 13 46 73
Cash 44 49 56
Other assets 2 1 2
77 163 191
In general, the Group seeks to dispose of property and other assets not readily convertible into cash, obtained by taking possession of collateral, as
rapidly as the market for the individual asset permits.