FINANCE LEASE RECEIVABLES (Tables)

12 Months Ended

Dec. 31, 2019

Gross [Member]

FINANCE LEASE RECEIVABLES (Tables) [Line Items]

Disclosure of maturity analysis of finance lease payments receivable [text block]

The Group’s finance lease receivables are classified as loans and advances to customers and accounted for at amortised cost. The balance is analysed as follows:

	2019			2018
	£m			£m
Gross investment in finance leases, receivable:
Not later than 1 year		490			458
Later than 1 year and not later than 2 years		347			516
Later than 2 years and not later than 3 years		181			456
Later than 3 years and not later than 4 years		145			201
Later than 4 years and not later than 5 years		208			178
Later than 5 years		883			1,104
		2,254			2,913
Unearned future finance income on finance leases		(563	)		(1,068	)
Rentals received in advance		(20	)		(23	)
Net investment in finance leases		1,671			1,822

Net [Member]

FINANCE LEASE RECEIVABLES (Tables) [Line Items]

Disclosure of maturity analysis of finance lease payments receivable [text block]

The net investment in finance leases represents amounts recoverable as follows:

	2019	2018
	£m	£m
Not later than 1 year	406	303
Later than 1 year and not later than 2 years	326	407
Later than 2 years and not later than 3 years	130	353
Later than 3 years and not later than 4 years	103	154
Later than 4 years and not later than 5 years	171	130
Later than 5 years	535	475
Net investment in finance leases	1,671	1,822