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Consolidated statement of comprehensive income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Statement of comprehensive income [abstract]      
Profit for the year $ 24,999 $ 24,559 $ 16,249
Items that will be reclassified subsequently to profit or loss when specific conditions are met:      
– debt instruments at fair value through other comprehensive income 163 2,599 (7,232)
– fair value gains/(losses) 41 2,381 (9,618)
– fair value losses/(gains) transferred to the income statement on disposal 69 905 (18)
– expected credit (recoveries)/losses recognised in the income statement (6) 59 56
– disposal of subsidiary 85 0 0
– income taxes (26) (746) 2,348
– cash flow hedges (52) 2,953 (3,655)
– fair value gains/(losses) (282) 2,534 (4,207)
– fair value (gains)/losses reclassified to the income statement (135) 1,463 (758)
– disposal of subsidiary 262 0 0
– income taxes 103 (1,044) 1,310
– share of other comprehensive income of associates and joint ventures 462 47 (367)
– share for the year 462 47 (367)
– insurance finance income/(expense) recognised in other comprehensive income (142) (364) 1,775
– before income taxes (191) (491) 2,393
– income taxes 49 127 (618)
Exchange differences 833 (204) (9,918)
– foreign exchange losses reclassified to the income statement on disposal of a foreign operation 5,816 [1] 0 0
– other exchange differences (4,983) (204) (9,918)
Items that will not be reclassified subsequently to profit or loss:      
Fair value gains on property revaluation 5 1 280
– remeasurement of defined benefit asset/liability (228) (314) (1,031)
– before income taxes (342) (413) (1,723)
– income taxes 114 99 692
– changes in fair value of financial liabilities designated at fair value upon initial recognition arising from changes in own credit risk (439) (1,219) 1,922
– before income taxes (579) (1,617) 2,573
– income taxes 140 398 (651)
– equity instruments designated at fair value through other comprehensive income 99 (120) 107
– fair value gains/(losses) 141 (120) 107
– income taxes (42) 0 0
Effects of hyperinflation 1,239 1,604 877
Other comprehensive income 1,940 4,983 (17,242)
Total comprehensive income/(expense) for the year 26,939 29,542 (993)
Attributable to:      
– ordinary shareholders of the parent company 24,833 27,397 (2,810)
– other equity holders 1,062 1,101 1,213
– non-controlling interests $ 1,044 $ 1,044 $ 604
[1] At 31 December 2024, accumulated foreign currency translation reserve losses of $5,816m were recycled to the income statement, including $5,166m upon completion of the sale of our business in Argentina and $564m upon completion of the sale of our banking business in Canada.