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Other liabilities (Tables)
 12 Months Ended
Dec. 31, 2021
Other liabilities.  
Schedule of other liabilities

​

​

​

​

​

​

​

    

2021

    

2020

Other liabilities

​

£m

​

£m

Lease liabilities (Note 23)

​

1,263

​

1,698

Provisions for liabilities and charges

​

1,268

​

1,852

Retirement benefit liabilities (Note 5)

 

114

 

121

Accruals

 

1,508

 

990

Deferred income

 

319

 

361

Current tax

 

12

 

63

Deferred tax (Note 7)

​

359

​

291

Acceptances

 

225

 

272

Other liabilities (1)

​

729

​

740

​

 

5,797

 

6,388

​

(1)

Other liabilities include liabilities of disposal groups of £5 million (2020: nil). See Note 8 for further information.
Schedule for provisions for liabilities and charges

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Litigation and

​

​

​

Financial

​

​

​

​

​

​

Customer

​

other

​

​

​

commitments

​

​

​

​

​

​

redress (1)

​

regulatory (4)

​

Property (3)

​

and guarantees

​

Other (2)

​

Total

Provisions for liabilities and charges

    

£m

    

£m

    

£m

    

£m

    

£m

    

£m

At 1 January 2021

 

749

 

365

 

271

 

178

 

289

 

1,852

Expected credit loss impairment release

​

—

​

—

​

—

​

(83)

​

—

​

(83)

Currency translation and other movements

​

(5)

​

—

​

2

​

(2)

​

(7)

​

(12)

Charge to income statements

​

173

​

307

​

113

​

—

​

196

​

789

Release to income statement

 

(25)

 

(86)

 

(118)

 

—

 

(82)

 

(311)

Provisions utilised

 

(418)

 

(309)

 

(37)

 

—

 

(203)

 

(967)

At 31 December 2021

 

474

 

277

 

231

 

93

 

193

 

1,268

​

(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.
(3)Property provision materially includes dilapidation provisions. Release in property provision includes the effect of purchase of freeholds for properties where the group was the primary leaseholder.
(4)Majority of charge in the year and utilisation of litigation provisions relates to FCA investigation into money laundering.