6-K 1 d740463d6k.htm 6-K 6-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Form 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of July, 2019

Commission File Number 001-14928

 

 

SANTANDER UK PLC

(Translation of registrant’s name into English)

 

 

2 Triton Square, Regent’s

Place, London NW1 3AN, England

(Address of principal executive office)

 

 

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):  ☐

 

 

 


SIGNATURES

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

 

    SANTANDER UK PLC

Dated: 24 July 2019

    By / s / Gavin White
    Gavin White
    Company Secretary


Supplementary consolidated information for Santander UK plc and its controlled entities

Santander UK plc is the principal subsidiary of Santander UK Group Holdings plc.

 

Summarised consolidated income statement

   H119
£m
    H118
£m
 

Net interest income

     1,668       1,811  

Non-interest income 1

     453       501  
  

 

 

   

 

 

 

Total operating income

     2,121       2,312  
  

 

 

   

 

 

 

Operating expenses before credit impairment losses, provisions and charges

     (1,257     (1,283
  

 

 

   

 

 

 

Credit impairment losses

     (69     (91

Provisions for other liabilities and charges

     (206     (33
  

 

 

   

 

 

 

Total operating impairment losses, provisions and charges

     (275     (124
  

 

 

   

 

 

 

Profit before tax

     589       905  

Tax on profit

     (170     (233
  

 

 

   

 

 

 

Profit after tax for the period

     419       672  
  

 

 

   

 

 

 

Summary of segmental balance sheet assets and liabilities

   30.06.19
£bn
    31.12.18
£bn
 

Customer loans

    

Retail Banking

     174.6       172.8  

Corporate & Commercial Banking

     17.4       17.7  

Corporate & Investment Banking

     4.1       4.6  

Corporate Centre

     4.2       4.5  
  

 

 

   

 

 

 

Total customer loans

     200.3       199.6  

Other assets

     84.2       83.8  
  

 

 

   

 

 

 

Total assets

     284.5       283.4  
  

 

 

   

 

 

 
    

Customer deposits

    

Retail Banking

     142.8       142.1  

Corporate & Commercial Banking

     18.0       17.6  

Corporate & Investment Banking

     6.1       4.8  

Corporate Centre

     2.8       2.8  
  

 

 

   

 

 

 

Total customer deposits

     169.7       167.3  

Medium Term Funding

     46.9       48.9  

Other liabilities

     51.8       51.2  
  

 

 

   

 

 

 

Total liabilities

     268.4       267.4  

Shareholders’ equity

     15.9       15.8  

Non-controlling interests

     0.2       0.2  
  

 

 

   

 

 

 

Total liabilities and equity

     284.5       283.4  
  

 

 

   

 

 

 

Summarised consolidated capital

   30.06.19
£bn
    31.12.18
£bn
 

Total qualifying regulatory capital

     15.8       15.9  

Risk-weighted assets (RWAs)

     74.7       78.5  

Total capital ratio

     21.1     20.3
  

 

 

   

 

 

 

The information in this Appendix is unaudited and does not constitute statutory accounts within the meaning of section 434 of the Companies Act 2006 or interim financial statements in accordance with International Accounting Standard 34 ‘Interim Financial Reporting’.

 

1.

Comprised of ‘Net fee and commission income’ and ‘Net trading and other income’.


Disclaimer

Santander UK plc (Santander UK) and Banco Santander caution that this announcement may contain forward-looking statements. Such forward-looking statements are found in various places throughout this announcement. Words such as “believes”, “anticipates”, “expects”, “intends”, “aims” and “plans” and other similar expressions are intended to identify forward-looking statements, but they are not the exclusive means of identifying such statements. Forward-looking statements include, without limitation, statements concerning our future business development and economic performance. These forward-looking statements are based on management’s current expectations, estimates and projections and both Santander UK and Banco Santander caution that these statements are not guarantees of future performance. We also caution readers that a number of important factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements. We have identified certain of these factors in the forward looking statements on page 220 of the Santander UK plc 2018 Annual Report on Form 20-F. Investors and others should carefully consider the foregoing factors and other uncertainties and events. Undue reliance should not be placed on forward-looking statements when making decisions with respect to Santander UK, Banco Santander and/or their securities. Such forward-looking statements speak only as of the date on which they are made, and we do not undertake any obligation to update or revise any of them, whether as a result of new information, future events or otherwise. Statements as to historical performance, historical share price or financial accretion are not intended to mean that future performance, future share price or future earnings for any period will necessarily match or exceed those of any prior quarter. Nothing in this Quarterly Management Statement should be construed as a profit forecast.

Santander UK is a frequent issuer in the debt capital markets and regularly meets with investors via formal roadshows and other ad hoc meetings. In line with Santander UK’s usual practice, over the coming quarter it expects to meet with investors globally to discuss this Quarterly Management Statement, the results contained herein and other matters relating to Santander UK.

Nothing in this announcement constitutes or should be construed as constituting a profit forecast.