FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For November 6, 2009
Commission File Number: 001-10306
The Royal Bank of Scotland Group plc
RBS, Gogarburn, PO Box 1000
Edinburgh EH12 1HQ
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F X | Form 40-F |
Yes | No X |
If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- ________
The following information was issued as Company announcements in London, England and is furnished pursuant to General Instruction B to the General Instructions to Form 6-K:
|
Previously
reported
|
Adjustment
|
Revised
|
|
£m
|
£m
|
£m
|
|
|
|
|
Net interest income
|
3,117
|
205
|
3,322
|
|
|
|
|
Non-interest income (excluding
insurance
net premium income)
|
1,703
|
(205)
|
1,498
|
|
|
|
|
Net interest margin - quarter ended 30 June 2009
|
1.60%
|
0.10%
|
1.70%
|
|
|
|
|
Net interest margin - half year ended 30 June 2009
|
1.69%
|
0.05%
|
1.74%
|
|
Quarter ended 31 March 2009
|
|
Quarter ended 30 June 2009
|
||||
|
Previously
reported
|
Adjustment |
Revised |
|
Previously
reported
|
Adjustment |
Revised |
UK Retail
|
£m
|
£m
|
£m
|
|
£m
|
£m
|
£m
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net interest income
|
807
|
(10)
|
797
|
|
877
|
(9)
|
868
|
Direct expenses
|
|
|
|
|
|
|
|
- other
|
(118)
|
3
|
(115)
|
|
(103)
|
1
|
(102)
|
Indirect expenses
|
(487)
|
-
|
(487)
|
|
(451)
|
(1)
|
(452)
|
Operating profit
|
24
|
(7)
|
17
|
|
29
|
(9)
|
20
|
|
|
|
|
|
|
|
|
UK Corporate
|
£m |
£m |
£m |
|
£m |
£m |
£m |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net interest income
|
473
|
26
|
499
|
|
533
|
27
|
560
|
Non-interest income
|
273
|
38
|
311
|
|
296
|
32
|
328
|
Direct expenses
|
|
|
|
|
|
|
|
- staff costs
|
(172)
|
(13)
|
(185)
|
|
(170)
|
(12)
|
(182)
|
- other costs
|
(66)
|
(8)
|
(74)
|
|
(40)
|
(6)
|
(46)
|
Impairment losses
|
(101)
|
1
|
(100)
|
|
(450)
|
-
|
(450)
|
Operating profit
|
277
|
44
|
321
|
|
44
|
41
|
85
|
|
|
|
|
|
|
|
|
|
£bn |
£bn |
£bn |
|
£bn |
£bn |
£bn |
|
|
|
|
|
|
|
|
Total assets
|
108.7
|
11.4
|
120.1
|
|
106.0
|
10.2
|
116.2
|
Loans and advances to customers - gross
|
105.4
|
11.3
|
116.7
|
|
102.4
|
10.2
|
112.6
|
Customer deposits
|
81.2
|
1.7
|
82.9
|
|
84.1
|
1.5
|
85.6
|
Risk weighted assets
|
81.6
|
4.6
|
86.2
|
|
85.1
|
4.4
|
89.5
|
|
|
|
|
|
|
|
|
Wealth
|
£m |
£m |
£m |
|
£m |
£m |
£m |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net interest income
|
160
|
(2)
|
158
|
|
179
|
(3)
|
176
|
Non-interest income
|
112
|
(1)
|
111
|
|
113
|
(2)
|
111
|
Direct expenses
|
|
|
|
|
|
|
|
- staff costs
|
(90)
|
-
|
(90)
|
|
(79)
|
1
|
(78)
|
- other costs
|
(33)
|
-
|
(33)
|
|
(35)
|
1
|
(34)
|
Operating profit
|
97
|
(3)
|
94
|
|
121
|
(3)
|
118
|
|
|
|
|
|
|
|
|
|
£bn |
£bn |
£bn |
|
£bn |
£bn |
£bn |
|
|
|
|
|
|
|
|
Loans and advances to customers - gross
|
12.6
|
(0.3)
|
12.3
|
|
12.7
|
(0.3)
|
12.4
|
Customer deposits
|
35.3
|
(0.4)
|
34.9
|
|
35.7
|
(0.4)
|
35.3
|
Risk weighted assets
|
10.8
|
(0.2)
|
10.6
|
|
10.5
|
(0.2)
|
10.3
|
|
Quarter ended 31 March 2009
|
|
Quarter ended 30 June 2009
|
||||
|
Previously
reported
|
|
Revised |
|
Previously
reported
|
Adjustment |
Revised |
Global Banking & Markets
|
£m |
£m |
£m |
|
£m |
£m |
£m |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net interest income
|
848
|
(36)
|
812
|
|
712
|
(52)
|
660
|
Non-interest income
|
4,587
|
(60)
|
4,527
|
|
1,683
|
(33)
|
1,650
|
Direct expenses
|
|
|
|
|
|
|
|
- staff costs
|
(1,014)
|
13
|
(1,001)
|
|
(773)
|
11
|
(762)
|
- other costs
|
(306)
|
6
|
(300)
|
|
(233)
|
2
|
(231)
|
Impairment losses
|
(269)
|
-
|
(269)
|
|
32
|
(1)
|
31
|
Operating profit
|
3,653
|
(77)
|
3,576
|
|
1,220
|
(73)
|
1,147
|
|
|
|
|
|
|
|
|
|
£bn |
£bn |
£bn |
|
£bn |
£bn |
£bn |
|
|
|
|
|
|
|
|
Loans and advances (including banks)
|
217.9
|
(11.4)
|
206.5
|
|
166.4
|
(10.4)
|
156.0
|
Reverse repos
|
80.6
|
-
|
80.6
|
|
75.2
|
-
|
75.2
|
Securities
|
124.3
|
-
|
124.3
|
|
115.5
|
-
|
115.5
|
Cash and eligible bills
|
28.6
|
-
|
28.6
|
|
51.5
|
-
|
51.5
|
Other
|
43.1
|
-
|
43.1
|
|
46.3
|
(0.1)
|
46.2
|
|
|
|
|
|
|
|
|
Total third party assets (excluding derivatives mark to market)
|
494.5
|
(11.4)
|
483.1
|
|
454.9
|
(10.5)
|
444.4
|
Customer deposits (excluding repos)
|
83.1
|
(1.3)
|
81.8
|
|
66.0
|
(1.0)
|
65.0
|
Risk weighted assets
|
153.1
|
(4.5)
|
148.6
|
|
126.6
|
(4.2)
|
122.4
|
|
|
|
|
|
|
|
|
Global Transaction Services
|
£m
|
£m
|
£m
|
|
£m
|
£m
|
£m
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net interest income
|
220
|
-
|
220
|
|
226
|
(1)
|
225
|
Non-interest income
|
385
|
-
|
385
|
|
397
|
1
|
398
|
Direct expenses
|
|
|
|
|
|
|
|
- staff costs
|
(95)
|
-
|
(95)
|
|
(88)
|
1
|
(87)
|
- other costs
|
(35)
|
-
|
(35)
|
|
(37)
|
(1)
|
(38)
|
Operating profit
|
231
|
-
|
231
|
|
265
|
-
|
265
|
|
|
|
|
|
|
|
|
|
£bn |
£bn |
£bn |
|
£bn |
£bn |
£bn |
|
|
|
|
|
|
|
|
Total third party assets
|
20.9
|
0.2
|
21.1
|
|
19.7
|
(0.3)
|
19.4
|
Loans and advances
|
14.4
|
0.3
|
14.7
|
|
13.8
|
(0.3)
|
13.5
|
Customer deposits
|
58.2
|
0.1
|
58.3
|
|
54.0
|
-
|
54.0
|
Risk weighted assets
|
17.9
|
0.8
|
18.7
|
|
16.7
|
-
|
16.7
|
|
|
|
|
|
|
|
|
Central items |
£m |
£m |
£m |
|
£m |
£m |
£m |
|
|
|
|
|
|
|
|
Operating profit
|
489
|
-
|
489
|
|
(314)
|
2
|
(312)
|
|
Quarter ended 31 March 2009
|
|
Quarter ended 30 June 2009
|
||||
|
Previously
reported
|
Adjustment
|
Revised
|
|
Previously
reported
|
Adjustment
|
Revised
|
Non-Core
|
£m
|
£m
|
£m
|
|
£m
|
£m
|
£m
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net interest income
|
373
|
22
|
395
|
|
239
|
35
|
274
|
Non-interest income
|
(2,442)
|
24
|
(2,418)
|
|
(1,172)
|
4
|
(1,168)
|
Staff costs
|
(187)
|
(1)
|
(188)
|
|
(72)
|
1
|
(71)
|
Other costs
|
(371)
|
(1)
|
(372)
|
|
(358)
|
1
|
(357)
|
Impairment losses
|
(1,827)
|
(1)
|
(1,828)
|
|
(3,517)
|
1
|
(3,516)
|
Contribution
|
(4,631)
|
43
|
(4,588)
|
|
(5,017)
|
42
|
(4,975)
|
|
|
|
|
|
|
|
|
|
£bn |
£bn |
£bn |
|
£bn |
£bn |
£bn |
|
|
|
|
|
|
|
|
Total third party assets (including derivatives)
|
297.1
|
-
|
297.1
|
|
231.1
|
0.8
|
231.9
|
Loans and advances to customers - gross
|
183.1
|
-
|
183.1
|
|
166.3
|
(2.7)
|
163.6
|
Customer deposits
|
22.0
|
(0.1)
|
21.9
|
|
20.8
|
(7.4)
|
13.4
|
Risk weighted assets
|
164.4
|
(0.7)
|
163.7
|
|
164.0
|
0.1
|
164.1
|
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: 06 November 2009
THE ROYAL BANK OF SCOTLAND GROUP plc (Registrant) |
By: | /s/ A N Taylor |
Name: Title: |
A N Taylor Head of Group Secretariat |