|
|
|
Offsetable instruments |
|
Offsetable potential not recognised by IFRS |
||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net amount after |
|
|
|
|
|
|
|
|
|
|
|
|
|
Effect of |
|
|
|
|
|
the effect of |
|
Instruments |
|
|
|
|
|
|
|
|
|
|
|
master netting |
|
|
|
Other |
|
netting |
|
outside |
|
Balance |
|
|
|
|
|
IFRS |
|
|
|
and similar |
|
Cash |
|
financial |
|
arrangements and |
|
netting |
|
sheet |
|
|
|
|
|
|
|
Balance |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gross |
|
offset |
|
sheet |
|
agreements |
|
collateral |
|
collateral |
|
related collateral |
|
arrangements |
|
total |
|
2017 |
|
£m |
|
£m |
|
£m |
|
£m |
|
£m |
|
£m |
|
£m |
|
£m |
|
£m |
|
Assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Derivatives |
|
2,054 |
|
— |
|
2,054 |
|
(1,806) |
|
(8) |
|
(144) |
|
96 |
|
261 |
|
2,315 |
|
Loans and advances to banks |
|
686 |
|
(9) |
|
677 |
|
— |
|
— |
|
— |
|
677 |
|
79,168 |
|
79,845 |
|
Settlement balances |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
3 |
|
3 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,740 |
|
(9) |
|
2,731 |
|
(1,806) |
|
(8) |
|
(144) |
|
773 |
|
79,432 |
|
82,163 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Liabilities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Derivatives |
|
3,051 |
|
— |
|
3,051 |
|
(1,806) |
|
— |
|
— |
|
1,245 |
|
127 |
|
3,178 |
|
Deposits by banks |
|
719 |
|
(9) |
|
710 |
|
— |
|
— |
|
— |
|
710 |
|
53,137 |
|
53,847 |
|
Settlement balances |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
4 |
|
4 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3,770 |
|
(9) |
|
3,761 |
|
(1,806) |
|
— |
|
— |
|
1,955 |
|
53,268 |
|
57,029 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2016 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Derivatives |
|
3,585 |
|
— |
|
3,585 |
|
(2,318) |
|
(9) |
|
(97) |
|
1,161 |
|
319 |
|
3,904 |
|
Reverse repurchase agreements |
|
22,725 |
|
(14,475) |
|
8,250 |
|
(614) |
|
— |
|
(7,555) |
|
81 |
|
— |
|
8,250 |
|
Settlement balances |
|
1,505 |
|
(1,505) |
|
— |
|
— |
|
— |
|
— |
|
— |
|
1,693 |
|
1,693 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
27,815 |
|
(15,980) |
|
11,835 |
|
(2,932) |
|
(9) |
|
(7,652) |
|
1,242 |
|
2,012 |
|
13,847 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Liabilities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Derivatives |
|
4,095 |
|
— |
|
4,095 |
|
(2,318) |
|
(8) |
|
— |
|
1,769 |
|
559 |
|
4,654 |
|
Repurchase agreements |
|
27,531 |
|
(14,475) |
|
13,056 |
|
(614) |
|
— |
|
(12,442) |
|
— |
|
— |
|
13,056 |
|
Settlement balances |
|
1,649 |
|
(1,505) |
|
144 |
|
— |
|
— |
|
— |
|
144 |
|
1,609 |
|
1,753 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
33,275 |
|
(15,980) |
|
17,295 |
|
(2,932) |
|
(8) |
|
(12,442) |
|
1,913 |
|
2,168 |
|
19,463 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Note:
|
(1) |
The effect of master netting agreements on derivatives within the Bank was £1,804 million (2016 - £2,120 million). |