SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


FORM 6-K


Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934

12 August 2011



The Royal Bank of Scotland Group plc


Gogarburn
PO Box 1000
Edinburgh EH12 1HQ
Scotland
United Kingdom

(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                                              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-            

This report on Form 6-K shall be deemed incorporated by reference into the company’s Registration Statement on Form F-3 (Files No. 333-162219 and 333-162219-01) and to be a part thereof from the date which it was filed, to the extent not superseded by documents or reports subsequently filed or furnished.
 
 
 

 
 
Article 11 unaudited pro forma information 


Unaudited pro forma condensed consolidated financial information

Basis of preparation

The unaudited pro forma condensed consolidated financial information (the “unaudited pro forma financial information”) comprises the unaudited pro forma condensed consolidated balance sheet as at 30 June 2011 (the “unaudited pro forma balance sheet”) and the unaudited pro forma condensed consolidated income statements for the six month periods ended 30 June 2011 and 30 June 2010 and the years ended 31 December 2010, 31 December 2009 and 31 December 2008 (the “pro forma income statements”) based on the published audited and unaudited financial statements of RBS, prepared in accordance with IFRS, after giving effect to:

(a)  
the distribution of those ABN AMRO businesses attributable to Santander and the Dutch government (the “other Consortium Members”); and
(b)  
the divestment of certain businesses to meet the European Commission’s State Aid requirements (see below).

The distribution to other consortium members has now substantially completed following legal separation of ABN AMRO N.V. which took place on 1 April 2010. From that date, the results of ABN AMRO attributable to the other consortium members are classified as discontinued operations.  The income statement for 2009 has been represented accordingly.

To comply with the European Commission’s State Aid requirements, RBS has agreed to make a series of divestments to be completed within four years from December 2009, as follows:

·  
RBS Insurance
·  
Global Merchant Services (sold November 2010)
·  
RBS Sempra Commodities (acquired April 2008; majority sold during 2010)
·  
the RBS branch based business in England and Wales, the NatWest branch network in Scotland, along with the Direct SME customers across the UK (termed the ‘UK Retail and UK Corporate businesses outlined for disposal’)

Collectively, the above are defined as the ‘EC State Aid Divestments’.

The pro forma financial information has been prepared assuming the following:

·  
pro forma balance sheet: the distribution to the other Consortium members and EC State Aid Divestments had occurred on 30 June 2011

·  
pro forma income statements: the distribution to the other Consortium members had occurred on acquisition of ABN AMRO on 17 October 2007 and the EC State Aid Divestments had occurred on 1 January 2007

·  
sale proceeds in respect of the EC State Aid Divestments not yet completed are received in cash and are equal to the net asset values of the businesses to be disposed of

·  
the UK Retail and UK Corporate business outlined for disposal represents a carve-out from existing RBS businesses and therefore discrete financial information for this divestment which is factually supportable is not currently available.  Accordingly, the pro forma financial information in respect of the EC State Aid Divestments excludes this business.
 
 
1

 
 
Article 11 unaudited pro forma information 

 
Unaudited proforma condensed consolidated financial information (continued)

Basis of preparation (continued)

The table below shows best estimates regarding certain key line items in respect of the UK Retail and UK Corporate businesses outlined for disposal.  Detailed financial information about this business on a stand alone basis is currently being prepared and therefore the estimates are subject to change.

   
Six months 
ended 
30 June 
2011
   
Year 
ended 
31 December 
2010
   
Year 
ended 
31 December 
2009*
   
Year 
ended 
31 December 
2008
 
      £m       £m       £m       £m  
UK Retail and UK Corporate businesses
  outlined for disposal
                               
                                 
Total income
    472       902       925       1,082  
Operating profit before impairment losses
    248       439       451       567  
Operating profit/(loss) before tax
    185       160       (55 )     347  
Total assets at 30 June 2011 were estimated to be £19.6 billion
                               

* The data for 2009 have been restated following finalisation of the business scope.

The pro forma financial information is presented for information purposes only and does not represent what the results of operations would actually have been had the distribution to other Consortium Members and EC State Aid Divestments occurred on the dates indicated nor is it necessarily indicative of the results of operations of financial position that may or may be expected to be achieved in the future.
 
 
2

 
 
Article 11 unaudited pro forma information (continued) 

 
Unaudited pro forma balance sheet as at 30 June 2011

   
RBS (1)
   
RFS 
 Minority 
Interest (2)
   
Pro forma 
RBS (3)
   
EC 
State Aid 
Divestments (4)
   
 
Pro forma 
RBS (5)
 
      £m       £m       £m       £m       £m  
                                         
Assets
                                       
Cash and balances at central banks
    64,351       -       34,351       4,244       68,595  
Loans and advances to banks
    95,106       (1 )     95,105       (2,135 )     92,970  
Loans and advances to customers
    545,734       -       545,734       (1,445 )     544,289  
Debt securities and equity shares
    268,596       -       268,596       (8,453 )     260,143  
Derivatives
    394,872       -       394,872       23       394,895  
Intangible assets
    14,592       -       14,592       (1,031 )     13,561  
Property, plant and equipment
    17,357       -       17,357       (135 )     17,222  
Other assets
    45,361       (1,037 )     44,324       (2,544 )     41,780  
                                         
Total assets
    1,445,969       (1,038 )     1,444,931       (11,476 )     1,433,455  
                                         
Liabilities
                                       
Deposits by banks
    106,954       (352 )     106,602       -       106,602  
Customer accounts
    517,525       -       517,525       -       517,525  
Debt securities in issue
    213,797       -       213,797       -       213,797  
Settlement balances
    22,905       -       22,905       -       22,905  
Short positions
    56,106       -       56,106       -       56,106  
Derivatives
    387,809       -       387,809       -       387,809  
Subordinated liabilities
    26,311       -       26,311       -       26,311  
Other liabilities
    38,320       (370 )     37,950       (10,945 )     27,005  
                                         
Total liabilities
    1,369,727       (722 )     1,369,005       (10,945 )     1,358,060  
                                         
Non-controlling interests
    1,498       (316 )     1,182       (531 )     651  
Equity owners
    74,744       -       74,744       -       74,744  
                                         
Total equity
    76,242       (316 )     75,926       (531 )     75,395  
                                         
Total liabilities and equity
    1,445,969       (1,038 )     1,444,931       (11,476 )     1,433,455  

Notes:
(1)
The financial information for RBS has been extracted from the unaudited financial statements for the six months ended 30 June 2011.
(2)
The financial information for the RFS Minority Interest has been extracted from RBS's accounting records for the six months ended 30 June 2011 without adjustment and represent those parts of the ABN AMRO businesses attributable to the other Consortium Members.
(3)
Pro forma unaudited balance sheet of RBS as at 30 June 2011 excluding those parts of the ABN AMRO businesses attributable to the other Consortium Members.
(4)
The financial information for the EC State Aid Divestments has been extracted from RBS's accounting records for the six months ended 30 June 2011 without adjustment and represents those parts of the businesses agreed with the European Commission as being for disposal for which information is currently available, namely RBS Insurance together with residual elements of RBS Sempra Commodities and Global Merchant Services.
(5)
Adjusted pro forma unaudited balance sheet of RBS as at 30 June 2011 excluding those parts of the ABN AMRO businesses attributable to the other Consortium Members and the EC State Aid Divestments.
 
 
3

 
 
Article 11 unaudited pro forma information (continued) 

 
Unaudited pro forma income statement for the six months ended 30 June 2011

   
RBS (1)
   
RFS 
 Minority 
Interest (2)
   
RBS 
excluding 
RFS 
Minority 
Interest (3)
   
EC 
State Aid 
Divestments 
 (4)
   
Pro forma 
RBS (5)
 
Continuing operations
    £m       £m       £m       £m       £m  
                                         
Net interest income
    6,528       5       6,533       (197 )     6,336  
                                         
Net fees and commissions
    2,759       -       2,759       161       2,920  
Income from trading activities
    1,982       -       1,982       -       1,982  
Gain on redemption of own debt
    255       -       255       -       255  
Other operating income (excluding insurance premium income)
    1,533       (2 )     1,531       (73 )     1,458  
Insurance net premium income
    2,239       -       2,239       (2,239 )     -  
                                         
Non-interest income
    8,768       (2 )     8,766       (2,151 )     6,615  
                                         
Total income
    15,296       3       15,299       (2,348 )     12,951  
Operating expenses
    (9,332 )     (1 )     (9,333 )     410       (8,923 )
                                         
Profit/(loss) before other operating charges and impairment
  losses
    5,964       2       5,966       (1,938 )     4,028  
Insurance net claims
    (1,705 )     -       (1,705 )     1,705       -  
Impairment losses
    (5,053 )     -       (5,053 )     -       (5,053 )
                                         
Operating (loss)/profit before tax
    (794 )     2       (792 )     (233 )     (1,025 )
Tax
    (645 )     1       (644 )     55       (589 )
                                         
(Loss)/profit from continuing operations
    (1,439 )     3       (1,436 )     (178 )     (1,614 )
                                         
(Loss)/profit attributable to:
                                       
Non-controlling interests
    (10 )     3       (7 )     5       (2 )
Preference shareholders
    -       -       -       -       -  
Paid-in equity holders
    -       -       -       -       -  
Ordinary shareholders
    (1,429 )     -       (1,429 )     (183 )     (1,612 )
                                         
      (1,439 )     3       (1,436 )     (178 )     (1,614 )
                                         
Per 25p ordinary share (pence)
                                       
                                         
Continuing operations
                                       
Basic
    (1.3 )             (1.3 )             (1.5 )
Fully diluted
    (1.3 )             (1.3 )             (1.5 )
                                         
Number of shares (million)
                                       
Weighted average ordinary shares
    107,886               107,886               107,886  
Weighted average diluted ordinary shares
    107,886               107,886               107,886  

Notes:
(1)
The financial information for RBS has been extracted from the unaudited financial statements for the six months ended 30 June 2011.
(2)
The financial information for the RFS Minority Interest has been extracted from RBS's unaudited accounting records for the six months ended 30 June 2011 without adjustment and represents those parts of the ABN AMRO businesses attributable to the other Consortium Members.
(3)
Pro forma unaudited income statement of RBS for the six months ended 30 June 2011 excluding those parts of the ABN AMRO businesses attributable to the other Consortium Members.
(4)
The financial information for the EC State Aid Divestments has been extracted from RBS's accounting records for the six months ended 30 June 2011 without adjustment and represents those parts of RBS attributable to the businesses agreed with the European Commission as being for disposal for which information is currently available, namely as RBS Insurance.
(5)
Pro forma unaudited income statement of RBS for the six months ended 30 June 2011 excluding those parts of the ABN AMRO businesses attributable to the other Consortium Members and the EC State Aid Divestments.
 
 
4

 
 
Article 11 unaudited pro forma information (continued) 

 
Unaudited pro forma income statement for the six months ended 30 June 2010

   
RBS (1)
   
RFS 
 Minority 
Interest (2)
   
RBS 
excluding 
RFS 
Minority 
Interest (3)
   
EC 
State Aid 
Divestments 
 (4)
   
Pro forma 
RBS (5)
 
Continuing operations
    £m       £m       £m       £m       £m  
                                         
Net interest income
    7,218       -       7,218       (215 )     7,003  
                                         
Net fees and commissions
    2,953       (7 )     2,946       (60 )     2,889  
Income/(loss) from trading activities
    3,876       (4 )     3,872       (262 )     3,610  
Gain on redemption of own debt
    553       -       553       -       553  
Other operating income (excluding insurance premium income)
    793       (18 )     775       (94 )     681  
Insurance net premium income
    2,567       -       2,567       (2,517 )     50  
                                         
Non-interest income
    10,742       (29 )     10,713       (2,933 )     7,780  
                                         
Total income
    17,960       (29 )     17,931       (3,148 )     14,783  
Operating expenses
    (9,170 )     (4 )     (9,174 )     765       (8,409 )
                                         
Profit/(loss) before other operating charges and impairment
  losses
    8,790       (33 )     8,757       (2,383 )     6,374  
Insurance net claims
    (2,459 )     -       (2,459 )     2,455       (4 )
Impairment (losses)/gains
    (5,162 )     -       (5,162 )     21       (5,141 )
                                         
Operating profit/(loss) before tax
    1,169       (33 )     1,136       93       1,229  
Tax
    (932 )     1       (931 )     (38 )     (969 )
                                         
Profit/(loss) from continuing operations
    237       (32 )     205       55       260  
                                         
Profit/(loss) attributable to:
                                       
Non-controlling interests
    74       (32 )     42       (20 )     22  
Preference shareholders
    105       -       105       -       105  
Paid-in equity holders
    19       -       19       -       19  
Ordinary shareholders
    39       -       39       75       114  
                                         
      237       (32 )     205       55       260  
                                         
Per 25p ordinary share (pence)
                                       
                                         
Continuing operations
                                       
Basic
    0.6               0.6               0.7  
Fully diluted
    0.6               0.6               0.7  
                                         
Number of shares (million)
                                       
Weighted average ordinary shares
    107,326               107,326               107,326  
Weighted average diluted ordinary shares
    107,862               107,862               107,862  

Notes:
(1)
The financial information for RBS has been extracted from the unaudited financial statements for the six months ended 30 June 2010.
(2)
The financial information for the RFS Minority Interest has been extracted from RBS's accounting records for the six months ended 30 June 2010 without adjustment and represents those parts of the ABN AMRO businesses attributable to the other Consortium Members.
(3)
Pro forma unaudited income statement of RBS for the six months ended 30 June 2010 excluding those parts of the ABN AMRO businesses attributable to the other Consortium Members.
(4)
The financial information for the EC State Aid Divestments has been extracted from RBS's accounting records for the six months ended 30 June 2010 without adjustment and represents those parts of RBS attributable to the businesses agreed with the European Commission as being for disposal for which information is currently available, namely RBS Insurance, RBS Sempra Commodities and Global Merchant Services.
(5)
Pro forma unaudited income statement of RBS for the six months ended 30 June 2010 excluding those parts of the ABN AMRO businesses attributable to the other Consortium Members and the EC State Aid Divestments.
 
 
5

 
 
Article 11 unaudited pro forma information (continued) 

 
Unaudited pro forma income statement for the year ended 31 December 2010
   
RBS (1)
   
RFS 
 Minority 
Interest (2)
   
RBS 
excluding 
RFS 
Minority 
Interest (3)
   
EC 
State Aid 
Divestments 
 (4)
   
Pro forma 
RBS (5)
 
Continuing operations
    £m       £m       £m       £m       £m  
                                         
Net interest income
    14,209       (9 )     14,200       (450 )     13,750  
                                         
Net fees and commissions
    5,982       1       5,983       (108 )     5,875  
Income from trading activities
    4,517       (4 )     4,513       (390 )     4,123  
Gain on redemption of own debt
    553       -       553       -       553  
Other operating income (excluding insurance premium income)
    1,479       154       1,633       (155 )     1,478  
Insurance net premium income
    5,128       -       5,128       (5,013 )     115  
                                         
Non-interest income
    17,659       151       17,810       (5,666 )     12,144  
                                         
Total income
    31,868       142       32,010       (6,116 )     25,894  
Operating expenses
    (18,228 )     8       (18,220 )     1,381       (16,839 )
                                         
Profit/(loss) before other operating charges and impairment
  losses
    13,640       150       13,790       (4,735 )     9,055  
Insurance net claims
    (4,783 )     -       (4,783 )     4,698       (85 )
Impairment (losses)/gains
    (9,256 )     -       (9,256 )     21       (9,235 )
                                         
Operating (loss)/profit before tax
    (399 )     150       (249 )     (16 )     (265 )
Tax
    (634 )     (29 )     (663 )     (14 )     (677 )
                                         
(Loss)/profit from continuing operations
    (1,033 )     121       (912 )     (30 )     (942 )
                                         
(Loss)/profit attributable to:
                                       
Non-controlling interests
    (60 )     121       61       (55 )     6  
Preference shareholders
    105       -       105       -       105  
Paid-in equity holders
    19       -       19       -       19  
Ordinary shareholders
    (1,097 )     -       (1,097 )     25       (1,072 )
                                         
      (1,033 )     121       (912 )     (30 )     (942 )
                                         
Per 25p ordinary share (pence)
                                       
                                         
Continuing operations
                                       
Basic
    (0.5 )             (0.5 )             (0.4 )
Fully diluted
    (0.5 )             (0.5 )             (0.4 )
                                         
Number of shares (million)
                                       
Weighted average ordinary shares
    107,245               107,245               107,245  
Weighted average diluted ordinary shares
    107,245               107,245               107,245  

Notes:
(1)
The financial information for RBS has been extracted from the audited financial statements for the year ended 31 December 2010.
(2)
The financial information for the RFS Minority Interest has been extracted from RBS's unaudited accounting records for the year ended 31 December 2010 without adjustment and represents those parts of the ABN AMRO businesses attributable to the other Consortium Members.
(3)
Pro forma unaudited income statement of RBS for the year ended 31 December 2010 excluding those parts of the ABN AMRO businesses attributable to the other Consortium Members.
(4)
The financial information for the EC State Aid Divestments has been extracted from RBS's accounting records for the year ended 31 December 2010  without adjustment and represents those parts of RBS attributable to the businesses agreed with the European Commission as being for disposal for which information is currently available, namely RBS Insurance, RBS Sempra Commodities and Global Merchant Services.
(5)
Pro forma unaudited income statement of RBS for the year ended 31 December 2010 excluding those parts of the ABN AMRO businesses attributable to the other Consortium Members and the EC State Aid Divestments.
 
 
6

 
 
Article 11 unaudited pro forma information (continued)

 
Unaudited pro forma income statement for the year ended 31 December 2009
   
RBS (1)
   
RFS 
 Minority 
Interest (2)
   
RBS 
excluding 
RFS 
Minority 
Interest (3)
   
EC 
State Aid 
Divestments 
 (4)
   
Adjusted 
Pro forma 
RBS (5)
 
Continuing operations
    £m       £m       £m       £m       £m  
                                         
Net interest income
    13,388       179       13,567       (477 )     13,090  
                                         
Net fees and commissions
    5,948       -       5,948       67       6,015  
Income/(loss) from trading activities
    3,761       45       3,806       (799 )     3,007  
Gain on redemption of own debt
    3,790       -       3,790       -       3,790  
Other operating income (excluding insurance premium income)
    873       97       970       (376 )     594  
Insurance net premium income
    5,266       -       5,266       (5,138 )     128  
                                         
Non-interest income
    19,638       142       19,780       (6,246 )     13,534  
                                         
Total income
    33,026       321       33,347       (6,723 )     26,624  
Operating expenses
    (17,417 )     35       (17,382 )     1,615       (15,767 )
                                         
Profit/(loss) before other operating charges and impairment
  losses
    15,609       356       15,965       (5,108 )     10,857  
Insurance net claims
    (4,357 )     -       (4,357 )     4,223       (134 )
Impairment (losses)/gains
    (13,899 )     -       (13,899 )     8       (13,891 )
                                         
Operating (loss)/profit before tax
    (2,647 )     356       (2,291 )     (877 )     (3,168 )
Tax
    429       (90 )     339       148       487  
                                         
(Loss)/profit from continuing operations
    (2,218 )     266       (1,952 )     (729 )     (2,681 )
                                         
Profit/(loss) attributable to:
                                       
Non-controlling interests
    382       266       648       (234 )     414  
Preference shareholders
    878       -       878       -       878  
Paid-in equity holders
    57       -       57       -       57  
Ordinary shareholders
    (3,535 )     -       (3,535 )     (495 )     (4,030 )
                                         
      (2,218 )     266       (1,952 )     (729 )     (2,681 )
                                         
Per 25p ordinary share (pence)
                                       
                                         
Continuing operations
                                       
Basic
    (6.3 )             (6.3 )             (7.2 )
Fully diluted
    (6.3 )             (6.3 )             (7.2 )
                                         
Number of shares (million)
                                       
Weighted average ordinary shares
    52,891               52,891               52,891  
Weighted average diluted ordinary shares
    52,891               52,891               52,891  

Notes:
(1)
The financial information for RBS has been extracted from the audited financial statements for the year to 31 December 2009 included on page 209 of the Form 20-F filed with the SEC on 31 March 2011.
(2)
The financial information for the RFS Minority Interest has been extracted from RBS's accounting records for the year ended 31 December 2009 without adjustment and represents those parts of the ABN AMRO businesses attributable to the other Consortium Members.
(3)
Pro forma unaudited income statement of RBS for the year ended 31 December 2009 excluding those parts of the ABN AMRO businesses attributable to the other Consortium Members.
(4)
The financial information for the EC State Aid Divestments has been extracted from RBS's accounting records for the year ended 31 December 2009 without adjustment and represents those parts of the businesses agreed with the European  Commission as being for disposal for which information is currently available, namely RBS Insurance, RBS Sempra Commodities and Global Merchant Services.
(5)
Pro forma unaudited income statement of RBS for the year ended 31 December 2009 excluding those parts of the ABN AMRO businesses attributable to the other Consortium Members and the EC State Aid Divestments.
 
 
7

 
 
Article 11 unaudited pro forma information (continued)

 
Unaudited pro forma income statement for the year ended 31 December 2008
   
RBS (1)
   
RFS 
 Minority 
Interest (2)
   
RBS 
excluding 
RFS 
Minority 
Interest (3)
   
EC 
State Aid 
Divestments 
 (4)
   
Adjusted 
Pro forma 
RBS (5)
 
Continuing operations
    £m       £m       £m       £m       £m  
                                         
Net interest income
    15,482       282       15,764       (669 )     15,095  
                                         
Net fees and commissions
    6,411       23       6,434       (29 )     6,405  
Income from trading activities
    (9,025 )     196       (8,829 )     (793 )     (9,622 )
Other operating income (excluding insurance premium income)
    2,153       (190 )     1,963       (78 )     1,885  
Insurance net premium income
    5,709       -       5,709       (5,293 )     416  
                                         
Non-interest income
    5,248       29       5,277       (6,193 )     (916 )
                                         
Total income
    20,730       311       21,041       (6,862 )     14,179  
Operating expenses
    (35,065 )     166       (34,899 )     1,716       (33,183 )
                                         
(Loss)/profit before other operating charges and impairment
  losses
    (14,335 )     477       (13,858 )     (5,146 )     (19,004 )
Insurance net claims
    (3,917 )     -       (3,917 )     3,733       (184 )
Impairment (losses)/gains
    (7,439 )     7       (7,432 )     45       (7,387 )
                                         
Operating (loss)/profit before tax
    (25,691 )     484       (25,207 )     (1,368 )     (26,575 )
Tax
    2,167       (172 )     1,995       291       2,286  
                                         
(Loss)/profit from continuing operations
    (23,524 )     312       (23,212 )     (1,077 )     (24,289 )
                                         
Profit/(loss) attributable to:
                                       
Non-controlling interests
    100       312       412       (164 )     248  
Preference shareholders
    536       -       536       -       536  
Paid-in equity holders
    60       -       60       -       60  
Ordinary shareholders
    (24,220 )     -       (24,220 )     (913 )     (25,133 )
                                         
      (23,524 )     312       (23,212 )     (1,077 )     (24,289 )
                                         
Per 25p ordinary share (pence)
                                       
                                         
Continuing operations
                                       
Basic
    (146.2 )             (146.2 )             (151.7 )
Fully diluted
    (146.2 )             (146.2 )             (151.7 )
                                         
Number of shares (million)
                                       
Weighted average ordinary shares
    16,563               16,563               16,563  
Weighted average diluted ordinary shares
    16,563               16,563               16,563  

Notes:
(1)
The financial information for RBS has been extracted from the audited financial statements for the year ended 31 December 2008 included on page 209 of the Form 20-F filed with the SEC on 31 March 2011.
(2)
The financial information for the RFS Minority Interest has been extracted from RBS's accounting records for the year ended 31 December 2008 without adjustment and represents those parts of the ABN AMRO businesses attributable to the other Consortium Members.
(3)
Pro forma unaudited income statement of RBS for the year ended 31 December 2008 excluding those parts of the ABN AMRO businesses attributable to the other Consortium Members.
(4)
The financial information for the EC State Aid Divestments has been extracted from RBS's accounting records for the year ended 31 December 2008 without adjustment and represents those parts of RBS attributable to the businesses agreed with the European Commission as being for disposal for which information is currently available, namely RBS Insurance, RBS Sempra Commodities and Global Merchant Services.
(5)
Pro forma unaudited income statement of RBS for the year ended 31 December 2008 excluding those parts of the ABN AMRO businesses attributable to the other Consortium Members and the EC State Aid Divestments.

 
8

 
 
 
Signature

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant was duly caused this report to be signed on behalf by the undersigned, thereunto duly authorised.


The Royal Bank of Scotland Group plc
(Registrant)



/s/ Rajan Kapoor                 
Rajan Kapoor
Group Chief Accountant
12 August 2011
 
 
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