SDQ7
Assets, Liabilities and Transactions
in Finance Leasing, Factoring
and Credit Granting
2
nd
Quarter 20
10
Coverage: UK
Theme: The Economy
A National Statistics publication
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Contents
Page Number
Background
note
3
Table 1.1 Assets and Liabilities
4
Table 1.2 Investment
5
Background note
This publication is compiled from returns submitted to the quarterly survey to businesses
engaged in finance leasing, factoring and credit granting. This survey covers the
following UK Standard Industrial Classification codes 2003 (SIC 2003):
65210 – Financial Leasing.
65221 – Credit granting by non-deposit taking finance houses and specialist consumer
credit grantors.
65222 – Factoring.
65229 – Other credit granting not elsewhere classified.
There are around 450 businesses within these four SIC codes that are eligible for
selection. This survey samples about 150 of them. All the largest businesses are
covered and a sample of the smaller ones.
Symbols
-
Nil or less than £0.5m
†
Figures marked † indicate that the data have been revised since the last edition;
the period marked is the earliest in the table to have been revised.
1.1
ASSETS AND LIABILITIES
£ million Closing balances Closing balances
2008 2009 2009 2009 2009 2009 2010 2010
Q1 Q2 Q3 Q4 Q1 Q2
ASSETS
Finance leases DH27 37 611 37 157 37 154 38 619 39 077 37 157 38 003† 37 547
UK customers DH28 37 428 36 990 36 983 38 463 38 909 36 990 37 831 37 383
Leases to public sector DH29 1 465 1 500 1 407 1 656 1 519 1 500 1 286† 1 260 Leases to private business DH2A 35 963 35 490 35 576 36 807 37 390 35 490 36 545† 36 123
Other customers LQPK 183 167 171 156 168 167 172† 164
Fixed assets DH24 10 189 9 533 9 908 9 742 9 724 9 533 9 528† 9 362
Cash in hand & balances held with banks D8QS 4 088 5 731 5 234 7 111 7 188 5 731 6 430† 4 808
Cash in hand LQMW 38 33 33 35 30 33 33 34
Balances held with UK banks & building societies JSK3 3 609 5 210 4 777 5 054 5 797 5 210 5 732† 3 917 Balances held with foreign banks LQNB 441 423 424 1 050 387 423 211† 257
Other deposits LQNC − 65 − 972 974 65 454† 600
Money market instruments D8QY 1 069 805 798 789 854 805 911† 2 212
Other short term assets D8R8 26 292 29 126 24 377 26 384 26 868 29 126 31 483† 30 683
Amounts due from counterpar ties & clients D8RA 18 245 17 439 16 598 15 639 15 212 17 439 17 936† 17 113
of which UK LQNS 16 634 16 366 15 005 14 753 14 250 16 366 16 207† 15 459 Amounts due from other debtors D8RC 4 210 7 175 4 255 6 978 7 778 7 175 8 166† 8 182
of which UK LQNU 4 186 7 115 4 238 6 964 7 664 7 115 8 096† 7 827
Rentals due from leasing partners LQNW 31 28 39 38 35 28 33 25
Gross market value of financial derivatives D8RE 2 570 1 454 2 296 1 352 1 669 1 454 1 730 1 548 Other UK and overseas short-ter m assets JW8A 1 236 3 030 1 189 2 377 2 174 3 030 3 618† 3 815
Other assets D8RG 690 632 852 825 644 632 660 649
Loans & Mortgages D8RJ 72 338 63 101 71 384 66 061 63 200 63 101 60 756† 57 856
UK loans to indviduals DGZ9 48 289 45 947 50 191 47 490 45 753 45 947 42 939† 41 652 UK loans to businesses DH22 18 428 13 541 16 555 15 447 13 702 13 541 13 949† 12 502
Other UK loans LQOU 2 165 1 483 1 774 1 575 1 694 1 483 1 788† 1 833
Overseas DH23 3 456 2 130 2 864 1 549 2 051 2 130 2 080† 1 869
Group relief receivable LQPL 49 160 34 82 −5 160 159† 23
Other investments DH2B 1 037 1 648 774 751 1 331 1 648 969† 929
TOTAL ASSETS LQPP 153 363 147 893 150 515 150 364 148 881 147 893 148 899† 144 069
LIABILITIES
Amounts payable under finance leases DH2H 293 239 260 237 247 239 362† 233
UK banks LQQA 12 4 10 9 7 4 3 4
Other UK financial companies LQQB 108 82 92 84 82 82 203 78
Other non-financial companies LQQC 36 29 30 30 32 29 29 30
Overseas LQQD 137 124 128 114 126 124 127† 121
Borrowing DH2C 97 319 95 900 96 713 95 021 94 557 95 900 96 415† 91 934
UK banks & building societies JSK4 50 643 51 692 51 748 49 902 49 537 51 692 52 478† 51 346 Other UK borrowing DH2F 27 658 23 470 27 785 25 565 24 639 23 470 22 815† 21 485 Overseas borrowing DH2G 19 018 20 738 17 180 19 554 20 381 20 738 21 122† 19 103
Other current liabilities DH2I 35 620 33 395 34 648 36 304 35 018 33 395 35 450† 35 447
Rentals due to leasing partners LQQE 16 12 14 14 14 12 11 9
Amounts due to counterpar ties & clients DH2J 22 916 18 777 20 694 20 291 19 670 18 777 19 938† 20 665
of which UK LQQF 21 858 18 316 19 630 19 869 19 296 18 316 18 866† 19 615 Amounts due to other creditors DH2K 12 688 14 606 13 940 15 999 15 334 14 606 15 501 14 773
of which UK LQQH 12 348 14 236 13 591 15 705 14 969 14 236 15 087† 14 390
Provisions for taxation LQQJ 4 105 3 565 3 574 3 536 3 431 3 565 2 876† 2 769
Capital & reserves DH2L 15 450 14 419 14 720 14 747 15 159 14 419 13 420† 13 283
Gross market value of derivatives contracts DH2N 576 375 600 519 469 375 376† 403
TOTAL LIABILITIES LQPP 153 363 147 893 150 515 150 364 148 881 147 893 148 899† 144 069
Source: National Statistics
1.2
INVESTMENT
£ million
Net Investment Net Investment
2008 2009 2009 2009 2009 2009 2010 2010
Q1 Q2 Q3 Q4 Q1 Q2
FIXED ASSETS
UK land, buildings & new construction work DH5R 251 243 64 18 38 123 27† 11
For own use JST7 105 59 45 8 −1 7 7† 3
For hire, rental or leasing out JST8 146 184 19 10 39 116 20 8
of which:
Finance leases JST9 43 42 18 8 8 8 9 9
Other JSU2 103 142 1 2 31 108 11 −1
UK vehicles DH5Y 5 393 3 810 903 959 1 055 893 1 138† 1 165
For own use JSU3 −3 3 − 1 1 1 − −
For hire, rental or leasing out JSU4 5 396 3 807 903 958 1 054 892 1 138† 1 165
of which:
Finance leases JSU5 2 336 2 575 611 613 722 629 761 871
Other JSU6 3 060 1 232 292 345 332 263 377† 294
Other UK capital expenditure DH67 4 297 1 896 451 436 575 434 555† 597
For own use JSU7 489 188 5 7 175 1 11† 8
For hire, rental or leasing out JSU8 3 808 1 708 446 429 400 433 544† 589
of which:
Finance leases JSU9 2 435 1 011 310 185 268 248 379† 322
Other JSV2 1 373 697 136 244 132 185 165† 267
Overseas DH6E 69 1 1 − − − − −
For own use D8QM 2 − − − − − − −
For hire, rental or leasing out DH6F 67 1 1 − − − − −
of which:
Finance leases D8QN −3 − − − − − − −
Other D8QO 70 1 1 − − − − −
TOTAL DH5Q 10 010 5 950 1 419 1 413 1 668 1 450 1 720† 1 773
1.2
INVESTMENT
continuedAssets acquired Assets acquired
2008 2009 2009 2009 2009 2009 2010 2010
Q1 Q2 Q3 Q4 Q1 Q2
FIXED ASSETS
UK land, buildings & new construction work DH4A 273 255 65 24 42 124 29† 15
For own use JSV3 119 71 46 14 3 8 9† 6
For hire, rental or leasing out JSV4 154 184 19 10 39 116 20 9
of which:
Finance leases JSV5 43 42 18 8 8 8 9 9
Other JSV6 111 142 1 2 31 108 11 −
UK vehicles DH4H 7 630 5 250 1 212 1 312 1 533 1 193 1 531† 1 636
For own use JSV7 20 10 3 2 2 3 2 2
For hire, rental or leasing out JSV8 7 610 5 240 1 209 1 310 1 531 1 190 1 529† 1 634
of which:
Finance leases JSV9 2 745 2 871 684 695 807 685 835 956
Other JSW2 4 865 2 369 525 615 724 505 694† 678
Other UK capital expenditure DH4O 5 019 2 736 652 659 794 631 749† 802
For own use JSW3 545 233 21 12 181 19 16† 9
For hire, rental or leasing out JSW4 4 474 2 503 631 647 613 612 733† 793
of which:
Finance leases JSW5 2 811 1 502 413 329 410 350 505† 470
Other JSW6 1 663 1 001 218 318 203 262 228† 323
Overseas DH4V 107 1 1 − − − − −
For own use LQSQ 2 − − − − − − −
For hire, rental or leasing out DH4W 105 1 1 − − − − −
of which:
Finance leases LQSR 35 − − − − − − −
Other LQSS 70 1 1 − − − − −
TOTAL DH49 13 029 8 242 1 930 1 995 2 369 1 948 2 309† 2 453
Assets realised Assets realised
2008 2009 2009 2009 2009 2009 2010 2010
Q1 Q2 Q3 Q4 Q1 Q2
FIXED ASSETS
UK land, buildings & new construction work DH4Y 22 12 1 6 4 1 2 4
For own use JSW7 14 12 1 6 4 1 2 3
For hire, rental or leasing out JSW8 8 − − − − − − 1
of which:
Finance leases JSW9 − − − − − − − −
Other JSX2 8 − − − − − − 1
UK vehicles DH5A 2 237 1 440 309 353 478 300 393 471
For own use JSX3 23 7 3 1 1 2 2 2
For hire, rental or leasing out JSX4 2 214 1 433 306 352 477 298 391 469
of which:
Finance leases JSX5 409 296 73 82 85 56 74 85
Other JSX6 1 805 1 137 233 270 392 242 317 384
Other UK capital expenditure DH5H 722 840 201 223 219 197 194† 205
For own use JSX7 56 45 16 5 6 18 5† 1
For hire, rental or leasing out JSX8 666 795 185 218 213 179 189 204
of which:
Finance leases JSX9 376 491 103 144 142 102 126 148
Other JSY2 290 304 82 74 71 77 63 56
Overseas DH5O 38 − − − − − − −
For own use LQST − − − − − − − −
For hire, rental or leasing out DH5P 38 − − − − − − −
of which:
Finance leases LQSU 38 − − − − − − −
Other LQSV − − − − − − − −
TOTAL DH4X 3 019 2 292 511 582 701 498 589† 680
Source: National Statistics
