REG - Royal Bk Scot.Grp. - Final Results - Part 1 <Origin Href="QuoteRef">RBS.L</Origin> - Part 7
26/02/2015 07:13
- Part 7: For the preceding part double click ID:nRSZ9135Ff
- non-counterparty 13.6 18.7 22.6 29.6
- counterparty 4.0 8.2 8.2 5.7
- Market risk 4.4 3.7 4.3 5.2
Total risk-weighted assets 22.0 30.6 35.1 40.5
Gross loans and advances to customers (1)
Ulster Bank 11.0 12.6 13.9 15.5
Real Estate Finance 4.1 5.5 7.4 8.6
Corporate 6.2 7.0 7.8 9.1
Markets 0.6 0.7 0.9 0.8
21.9 25.8 30.0 34.0
Funded assets - Ulster Bank
Commercial real estate - investment 1.2 1.5 1.9 2.4
Commercial real estate - development 0.7 0.7 0.7 0.8
Other corporate 0.7 0.7 0.9 1.2
2.6 2.9 3.5 4.4
Funded assets - Real Estate Finance
UK 2.5 3.2 4.4 4.7
Germany 0.4 0.8 1.0 1.4
Spain 0.5 0.5 0.5 0.6
Other 0.8 0.9 0.8 1.0
4.2 5.4 6.7 7.7
Funded assets - Corporate
Structured finance 1.7 1.7 2.0 2.2
Shipping 1.8 1.9 1.9 2.0
Other 2.3 3.1 3.5 4.4
5.8 6.7 7.4 8.6
Funded assets - Markets
Securitised products 1.8 2.3 2.7 3.0
Emerging markets 0.5 0.6 0.6 0.6
2.3 2.9 3.3 3.6
Notes:
(1) Includes disposal groups.
(2) Provision coverage represents loan impairment provisions as a percentage of risk elements in lending.
RBS Capital Resolution
Funded assets and RWAe
Non-performing (1) Performing (1) Total
Funded assets RWAe Capital Funded assets RWAe Capital Funded assets RWAe (2) Capital
Gross Net RWA deducts Gross Net RWA deducts Gross Net RWA deducts (3)
31 December 2014 £bn £bn £bn £bn £m £bn £bn £bn £bn £m £bn £bn £bn £bn £m
Ulster Bank 10.7 2.2 3.4 - 340 0.5 0.4 0.5 1.3 (82) 11.2 2.6 3.9 1.3 258
Real Estate Finance 3.2 2.0 1.0 - 98 2.2 2.2 4.8 4.7 13 5.4 4.2 5.8 4.7 111
Corporate 2.2 1.1 1.6 - 161 4.7 4.7 6.7 7.2 (49) 6.9 5.8 8.3 7.2 112
Markets 0.1 0.1 0.1 - 12 2.2 2.2 9.2 8.8 41 2.3 2.3 9.3 8.8 53
Total RCR 16.2 5.4 6.1 - 611 9.6 9.5 21.2 22.0 (77) 25.8 14.9 27.3 22.0 534
30 June 2014
Ulster Bank 13.0 2.6 4.4 - 446 1.1 0.9 0.1 2.3 (229) 14.1 3.5 4.5 2.3 217
Real Estate Finance 5.0 2.7 4.1 0.3 389 4.1 4.0 6.4 6.1 16 9.1 6.7 10.5 6.4 405
Corporate 2.6 1.2 1.8 - 184 6.3 6.2 14.8 15.1 (28) 8.9 7.4 16.6 15.1 156
Markets 0.1 0.1 0.5 0.2 34 3.2 3.2 11.4 11.1 30 3.3 3.3 11.9 11.3 64
Total RCR 20.7 6.6 10.8 0.5 1,053 14.7 14.3 32.7 34.6 (211) 35.4 20.9 43.5 35.1 842
1 January 2014
Ulster Bank 14.8 3.7 7.6 0.2 738 1.4 1.1 1.3 3.1 (179) 16.2 4.8 8.9 3.3 559
Real Estate Finance 7.2 4.2 6.1 0.3 580 5.8 5.3 12.5 13.2 (75) 13.0 9.5 18.6 13.5 505
Corporate 3.3 1.7 2.9 0.2 269 8.1 8.1 18.2 16.2 208 11.4 9.8 21.1 16.4 477
Markets 0.2 0.1 0.6 - 58 4.7 4.7 15.8 13.5 233 4.9 4.8 16.4 13.5 291
Total RCR 25.5 9.7 17.2 0.7 1,645 20.0 19.2 47.8 46.0 187 45.5 28.9 65.0 46.7 1,832
Notes:
(1) Performing assets are those with an internal asset quality band of AQ1 - A9; and non-performing assets are in AQ10 with a probability of default being 100%.
(2) RWA equivalent (RWAe) is an internal metric that measures the equity capital employed in segments. RWAe converts both performing and non-performing exposures into a consistent capital measure, being the sum of the regulatory RWAs and the regulatory capital deductions, the latter converted to RWAe by applying a multiplier. RBS applies a CET1 ratio of 10% for RCR; this results in an end point CRR RWAe conversion multiplier of 10.
(3) The most significant component of capital deductions relate to expected loss less impairment provisions of £518 million (30 June 2014 - £823 million; 1 January 2014 - £1,774 million). The negative capital deductions for performing exposures are a result of the latent loss provisions held in respect of the performing portfolio.
RBS Capital Resolution
Funded assets
Beginning End of
of period Repayments Disposals (1) Impairments Other period
Year ended 31 December 2014 £bn £bn £bn £bn £bn £bn
Ulster Bank 4.8 (0.2) (2.8) 1.1 (0.3) 2.6
Real Estate Finance 9.5 (2.3) (2.9) 0.1 (0.2) 4.2
Corporate 9.8 (2.3) (1.9) - 0.2 5.8
Markets 4.8 (1.1) (1.5) - 0.1 2.3
Total 28.9 (5.9) (9.1) 1.2 (0.2) 14.9
Quarter ended 31 December 2014
Ulster Bank 2.9 - (1.0) 0.7 - 2.6
Real Estate Finance 5.4 (0.2) (1.0) - - 4.2
Corporate 6.7 (0.2) (0.8) - 0.1 5.8
Markets 2.9 (0.1) (0.5) - - 2.3
Total 17.9 (0.5) (3.3) 0.7 0.1 14.9
Quarter ended 30 September 2014
Ulster Bank 3.5 - (0.8) 0.4 (0.2) 2.9
Real Estate Finance 6.7 (0.5) (0.8) 0.1 (0.1) 5.4
Corporate 7.4 (0.6) (0.4) 0.1 0.2 6.7
Markets 3.3 (0.4) (0.1) - 0.1 2.9
Total 20.9 (1.5) (2.1) 0.6 - 17.9
Risk-weighted assets
Beginning Risk Other (3) End of
of period Repayments Disposals (1) parameters (2) Impairments period
Year ended 31 December 2014 £bn £bn £bn £bn £bn £bn £bn
Ulster Bank 3.3 (0.5) (0.5) (0.9) - (0.1) 1.3
Real Estate Finance 13.5 (2.2) (1.4) (5.2) - - 4.7
Corporate 16.4 (2.2) (3.0) (4.1) (0.4) 0.5 7.2
Markets 13.5 (2.7) (2.7) 0.2 - 0.5 8.8
Total 46.7 (7.6) (7.6) (10.0) (0.4) 0.9 22.0
Quarter ended 31 December 2014
Ulster Bank 2.1 - (0.4) (0.4) - - 1.3
Real Estate Finance 5.6 (0.1) (0.7) (0.2) - 0.1 4.7
Corporate 14.0 (0.4) (1.2) (5.4) - 0.2 7.2
Markets 8.9 (0.2) (0.5) - - 0.6 8.8
Total 30.6 (0.7) (2.8) (6.0) - 0.9 22.0
Quarter ended 30 September 2014
Ulster Bank 2.3 - - (0.1) - (0.1) 2.1
Real Estate Finance 6.4 (0.3) - (0.5) - - 5.6
Corporate 15.1 (0.9) (0.8) (0.1) - 0.7 14.0
Markets 11.3 (0.7) (0.9) (0.8) - - 8.9
Total 35.1 (1.9) (1.7) (1.5) - 0.6 30.6
For the notes to this table refer to the following page.
RBS Capital Resolution
Capital deductions
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