 |
|
|
|
|
|
2000 |
1999 |
|
As at 31st December 2000 |
£m |
£m |
|
 |
|
Assets (a) |
|
|
|
Cash, treasury bills and other short-term funds |
9,316 |
10,834 |
|
Loans and advances to banks |
36,426 |
39,626 |
|
Loans and advances to customers |
162,110 |
116,568 |
|
Debt securities and equity shares
|
74,832 |
59,523 |
|
Fixed assets |
6,328 |
1,983 |
|
Other assets |
18,467 |
18,219 |
|
|
|
|
307,479 |
246,753 |
|
Retail life fund assets attributable to policyholders |
8,711 |
8,040 |
|
|
|
Total Assets |
316,190 |
254,793 |
|
|
|
Liabilities (b) |
|
|
|
Deposits by banks |
49,756 |
44,486 |
|
Customer accounts |
158,968 |
123,966 |
|
Debt securities in issue |
31,883 |
23,329 |
|
Other liabilities |
45,715 |
41,540 |
|
Subordinated liabilities |
6,370 |
4,597 |
|
|
|
|
292,692 |
237,918 |
|
Minority interests and shareholders’ funds |
|
|
|
Minority interests (c) |
1,600 |
352 |
|
Shareholders’ funds (d) |
13,187 |
8,483 |
|
|
|
|
307,479 |
246,753 |
|
Retail life fund liabilities attributable to policyholders |
8,711 |
8,040 |
|
|
|
Total liabilities and shareholders’ funds |
316,190 |
254,793 |
|
|
|
Memorandum items (e) |
|
|
|
Contingent liabilities |
22,853 |
18,934 |
|
Commitments |
87,971 |
82,479 |
|
|
|
Movements in shareholders’ funds |
|
|
|
At the beginning of year |
8,483 |
7,842 |
|
Proceeds of shares issued (net of expenses) (f) |
3,554 |
214 |
|
Exchange rate translation differences |
17 |
(70) |
|
Repurchase of ordinary shares |
(311) |
(504) |
|
Goodwill written back on disposals |
– |
138 |
|
Shares issued in relation to share |
|
|
|
option schemes for staff |
(114) |
(154) |
|
Other items |
12 |
4 |
|
Profit retained |
1,546 |
1,013 |
|
|
|
At end of year |
13,187 |
8,483 |
|
|
|
|
|
(a) Assets |
|
Cash, loans and advances, investments and physical assets which represent
the business of the Group.
|
|
(b) Liabilities |
|
Deposits and customer accounts and other amounts due to outside parties.
|
|
(c) Minority interests |
|
The interests of others in certain subsidiary companies of the Group.
|
|
(d) Shareholders’ funds |
|
The residual interest of shareholders in the reported amounts of the assets
of the businesses after deduction of the claims represented by liabilities.
|
|
(e) Memorandum items |
|
Contingent liabilities are amounts which the Group may have to pay in the
future, whereas commitments are amounts which will have to be paid. In both
cases, payments are almost always matched by receipts of similar values.
|
|
(f) Proceeds of shares issued (net of expenses) |
|
Includes the issue of 176.4 million shares to Woolwich plc ordinary
shareholders representing £3,359m.
|
