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Key Highlights

Royal Bank of Scotland Group annual results 2009

Here are the key highlights from The Royal Bank of Scotland Group annual results, announced Thursday 25 February 2010

  • The Royal Bank of Scotland Group reports 2009 net attributable loss of £3.6 billion, down from £24.3 billion in 2008
  • Core business 2009 operating profit rose 89% to £8.3 billion
  • Fourth quarter operating performance benefited from rising NIM and lower provisions
  • Year end Core Tier 1 ratio of 11.0%
  • Good progress against the key metrics in our 5 year strategy
Group £m
Total income (1) 31,726
Operating expenses (2) (14,954)
Insurance net claims (3,769)
Operating profit before impairment losses 13,003
Impairment losses (4,678)
Core operating profit (3) 8,325
Non-Core operating loss (3) (14,557)
Total Group operating loss (3) (6,232)
Group Operating loss before tax (4) (1,928)
Loss attributable to ordinary and B shareholders (3,607)

(1) Excluding gain on redemption of own debt and strategic disposals.
(2) Excluding purchased intangibles amortisation, write-down of goodwill and other intangible assets, integration and restructuring costs, gains on pensions curtailment and bonus tax.
(3) Operating (loss)/profit before tax, purchased intangibles amortisation, integration and restructuring costs, gain on redemption of own debt, strategic disposals, write-down of goodwill and other intangible assets and gains on pensions curtailment and bonus tax.
(4) Excluding write-down of goodwill and other intangible assets.

View the Results in full