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Other liabilities (Tables)
12 Months Ended
Dec. 31, 2022
Other liabilities.  
Schedule of other liabilities

    

2022

    

2021

Other liabilities

£m

£m

Lease liabilities

1,118

1,263

Provisions for liabilities and charges

1,138

1,268

Retirement benefit liabilities (Note 5)

 

98

 

114

Accruals

 

1,407

 

1,508

Deferred income

 

355

 

319

Current tax

 

55

 

12

Deferred tax (Note 7)

227

359

Acceptances

 

237

 

225

Other liabilities (1)

711

729

 

5,346

 

5,797

(1)

Other liabilities include liabilities of disposal groups of £15 million (2021 - £5 million). See Note 8 for further information.

Schedule for provisions for liabilities and charges

Litigation and

Financial

Customer

other

commitments

redress (1)

regulatory

Property

and guarantees

Other (2)

Total

Provisions for liabilities and charges

    

£m

    

£m

    

£m

    

£m

    

£m

    

£m

At 1 January 2022

 

474

 

277

 

231

 

93

 

193

 

1,268

Expected credit loss impairment release

(6)

(6)

Currency translation and other movements

2

20

7

29

Charge to income statement

178

36

31

193

438

Release to income statement

 

(45)

 

(14)

 

(71)

 

 

(60)

 

(190)

Provisions utilised

 

(178)

 

(79)

 

(37)

 

 

(107)

 

(401)

At 31 December 2022

 

431

 

240

 

154

 

87

 

226

 

1,138

(1)

Includes payment protection insurance provision which reflects the estimated cost of PPI redress attributable to claims prior to the Financial Conduct Authority (FCA) complaint deadline of 29 August 2019. All pre-deadline complaints have been processed which removes complaint volume estimation uncertainty from the provision estimate. NatWest Group continues to conclude remaining bank-identified closure work and conclude cases with the Financial Ombudsmen Service.

(2)

Other materially comprises provisions relating to restructuring costs.