No part of this information may be reproduced, photocopied, stored in an electronic retrieval system or transmitted expect by members of the FDA or by others with the specific consent of the Factors & Discounters Association.

FDA STATISTICS

Factors & Discounters Association SEPTEMBER 2003

CONTENTS

List of contributors
Executive summary – aggregate figures
Period end balances analysed by client turnover – aggregate figures
Aggregate figures for members in the Republic of Ireland /
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No part of this information may be reproduced, photocopied, stored in an electronic retrieval system or transmitted expect by members of the FDA or by others with the specific consent of the Factors & Discounters Association.

FDA STATISTICS

Factors & Discounters Association SEPTEMBER 2003

CONTRIBUTORS

The members listed below contributed data for the period to September 2003:

A

Abbey Business Cashflow Finance Ltd
AIB Commercial Services Ltd
Anglo Irish Bank
Aston Rothbury Factors Ltd /
H, I
HSBC Invoice Finance (UK) Ltd
Independent Growth Finance

B

Bank of America, NA
Bank of Ireland Commercial Finance, Belfast
Bank of Ireland Commercial Finance, Dublin
Bank of Scotland Cashflow Finance
Bank of Scotland (Ireland) Commercial Finance
Barclays Bank Plc, Sales Financing
Bibby Group of Factors Ltd
Burdale Financial Ltd /
L, M
Lloyds TSB Commercial Finance Ltd
London Scottish Invoice Finance Ltd
Metropolitan Factors Ltd
C
Cashflow Partners Ltd
Cattles Invoice Finance Ltd
City Invoice Finance Ltd
Close Invoice Finance Ltd /
N
National Australia Group Europe Ltd
NMB-Heller Ltd

D, E

DCD Factors Plc
Enterprise Finance Europe
Eurofactor (UK) Ltd /
R, S
RDM Factors Ltd
Regency Factors Plc
Skipton Business Finance Ltd
SME Invoice Finance Ltd

F

First Trust Bank
Five Arrows Commercial Finance Ltd
Fortis Commercial Finance Ltd /
T
The Royal Bank of Scotland Commercial
Services Ltd
Transamerica Distribution Finance Ltd

G

GE Capital Commercial Finance Ltd
GE Commercial Distribution Finance (CFD)
GMAC Commercial Finance plc /
U, V
Ulster Bank Commercial Services, Dublin
Ulster Bank Commercial Services (NI) Ltd
Venture Finance Plc

EXECUTIVE SUMMARY

The statistics below represent the aggregate of all those members contributing data. Please note certain members may have contributed clients’ sales data but not period end data and vice versa.

CLIENTS’ SALES VOLUMES (£M)
(All products) / Quarter ended … / Year-to-date …
Sep 03 / Sep 02 / % Change / Sep 03 / Sep 02 / % Change
Domestic factoring
Domestic invoice discounting
Export factoring
Export invoice discounting
Import factoring / 4,466
24,136
299
783
184 / 4,455
21,441
240
567
175 / 0%
13%
25%
38%
5% / 12,952
68,433
802
2,004
533 / 12,647
60,622
693
1,683
518 / 2%
13%
16%
19%
3%
Total clients’ sales / 29,868 / 26,878 / 11% / 84,724 / 76,163 / 11%
Non recourse included in total above
Credit protection payments to clients / 3,051
3.9 / 2,941
3.3 / 4%
18% / 8,679
10.4 / 8,372
11.8 / 4%
-12%
BALANCES AT PERIOD END (£M)
(All products) / Balances as at the end of …
Sep 03 / Sep 02 / % Change
Advances
Debtor outstandings
Other trading assets / 8,494
17,234
440 / 7,779
15,843
446 / 9%
9%
-1%
NUMBER OF CLIENTS AT PERIOD END (UNITS)
(All products) / Number of clients as at the end of …
Sep 03 / Sep 02 / % Change
Domestic factoring
Domestic invoice discounting
Export and mixed export + domestic
Import / 17,981
13,478
2,165
1,850 / 17,421
12,019
1,982
1,601 / 3%
12%
9%
16%
Total number of clients / 35,474 / 33,023 / 7%

Analysis of advances and client numbers by size of client turnover

Client annual turnover bands / Number of clients at the quarter end / Advanced (quarter end balance £m)
£0 - £500,000
£500,001- £1,000,000
£1,000,001 - £5,000,000
£5,000,001 - £10,000,000
Over £10,000,000 / 14,429
6,070
10,695
2,431
1,849 / 419
471
2,341
1,299
3,964
Total / 35,474 / 8,494

AGGREGATE RESULTS OF THE MEMBERS IN THE REPUBLIC OF IRELAND

In the following tables figures are quoted in euros.

CLIENTS’ SALES VOLUMES (€M)
(All products) / Quarter ended … / Year-to-date …
Sep 03 / Sep 02 / % Change / Sep 03 / Sep 02 / % Change
Total clients’ sales / 2,489 / 2,125 / 17% / 6,926 / 6,244 / 11%
BALANCES AT PERIOD END (€M)
(All products) / Balances as at the end of …
Sep 03 / Sep 02 / % Change
Advances
Debtor outstandings / 704
1,670 / 574
1,434 / 23%
16%
NUMBER OF CLIENTS AT PERIOD END (UNITS)
(All products) / Number of clients as at the end of …
Sep 03 / Sep 02 / % Change
Total number of clients / 1,679 / 1,402 / 20%

Analysis of advances and client numbers by size of client turnover

Client annual turnover bands / Number of clients at the quarter end / Advanced (quarter end balance €m)
£0 - £500,000
£500,001- £1,000,000
£1,000,001 - £5,000,000
£5,000,001 - £10,000,000
Over £10,000,000 / 73
288
702
431
185 / 6
21
186
189
302
Total / 1,679 / 704

The group comprises of: AIB Commercial Services Ltd; Anglo Irish Bank; Bank of Ireland Commercial Finance, Dublin; Bank of Scotland (Ireland) Commercial Finance; Ulster Bank Commercial Services, Dublin.

No part of this information may be reproduced, photocopied, stored in an electronic retrieval system or transmitted expect by members of the FDA or by others with the specific consent of the Factors & Discounters Association.

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