FORM 6-K

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        

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):_________

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):_________

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

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:




 
 
 
 
Appendix 5
 
Third quarter 2009 results
 
Revisions

 
Appendix 5 - Revisions
 
 
Revision to net interest income 
Certain income reported in other operating income in the interim results for the half year ended 30 June has been reclassified to net interest income. This reclassification does not affect total income, results of operation or profit before tax.
 
The effect of the reclassification on the income statement for the quarter ended 30 June 2009 is as follows:
 

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%
 


 
Appendix 5 - Revisions
 
Divisional revisions
Divisional results have been revised to reflect the finalisation of transfers to Non-Core and between divisions.  These changes do not affect the Group's results.
 

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)
(115)

(103)
(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)
(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)
(78)
- other costs
(33)
(33)

(35)
(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 
 
 
 


 
Appendix 5 - Revisions
(continued)
 

Quarter ended 31 March 2009

Quarter ended 30 June 2009

 Previously 
reported


Adjustment 

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)
(300)

(233)
(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 
398 
Direct expenses







- staff costs
(95)
(95)

(88)
(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)
(312)


 
Appendix 5 - Revisions
(continued)
 

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)
(1,168)
Staff costs
(187)
(1)
(188)

(72)
(71)
Other costs
(371)
(1)
(372)

(358)
(357)
Impairment losses
(1,827)
(1)
(1,828)

(3,517)
(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