FINANCIAL ASSETS AT AMORTISED COST (Tables)

12 Months Ended

Dec. 31, 2019

FINANCIAL ASSETS AT AMORTISED COST (Tables) [Line Items]

Disclosure of Retail Mortgages

Movements in Retail mortgage balances were as follows:

Retail mortgages	Stage 1 £m			Stage 2 £m			Stage 3 £m			Purchased or originated credit-impaired £m			Total £m
At 1 January 2019		257,797			13,654			1,393			15,391		288,235
Exchange and other adjustments1		(1	)		–			2			283		284
Additions (repayments)		799			(1,432	)		(416	)		(1,934	)	(2,983	)
Transfers to Stage 1		3,060			(3,057	)		(3	)				–
Transfers to Stage 2		(7,879	)		8,242			(363	)				–
Transfers to Stage 3		(427	)		(472	)		899					–
		(5,246	)		4,713			533					–
Recoveries		–			–			29			28		57
Acquisition of portfolios2		3,694			–			–			–		3,694
Financial assets that have been written off during the year								(35	)		(54	)	(89	)
At 31 December 2019		257,043			16,935			1,506			13,714		289,198
Allowance for impairment losses		(23	)		(281	)		(122	)		(142	)	(568	)
Total loans and advances to customers		257,020			16,654			1,384			13,572		288,630

Retail mortgages	Stage 1 £m			Stage 2 £m			Stage 3 £m			Purchased or originated credit-impaired £m			Total £m
At 1 January 2018		251,707			20,109			1,232			17,973			291,021
Additions (repayments)		989			(938	)		(239	)		(2,609	)		(2,797	)
Transfers to Stage 1		10,814			(10,805	)		(9	)					–
Transfers to Stage 2		(5,396	)		5,691			(295	)					–
Transfers to Stage 3		(317	)		(403	)		720						–
		5,101			(5,517	)		416						–
Recoveries		–			–			3			27			30
Financial assets that have been written off during the year								(19	)		–			(19	)
At 31 December 2018		257,797			13,654			1,393			15,391			288,235
Allowance for impairment losses		(37	)		(226	)		(118	)		(78	)		(459	)
Total loans and advances to customers		257,760			13,428			1,275			15,313			287,776

1	Exchange and other adjustments includes certain adjustments, prescribed by IFRS 9, in respect of purchased or originated credit-impaired financial assets.
2	Acquisition of portfolios in 2019 relates to the purchase, completed in September 2019, of Tesco Bank’s UK residential mortgage portfolio.

Financial assets at amortised cost, category [member]

FINANCIAL ASSETS AT AMORTISED COST (Tables) [Line Items]

Disclosure of debt securities and loans and advances to banks and customers

Loans and advances to banks	Stage 1 £m			Stage 2 £m			Stage 3 £m			Purchased or originated credit-impaired £m			Total £m
At 1 January 2019		6,282			3			–			–			6,285
Exchange and other adjustments1		(218	)		–			–			–			(218	)
Additions (repayments)		3,713			(3	)		–			–			3,710
At 31 December 2019		9,777			–			–			–			9,777
Allowance for impairment losses		(2	)		–			–			–			(2	)
Total loans and advances to banks		9,775			–			–			–			9,775
Loans and advances to customers
At 1 January 2019		441,531			25,345			5,741			15,391			488,008
Exchange and other adjustments1		(498	)		(34	)		47			283			(202	)
Additions (repayments)		13,554			(2,558	)		(858	)		(1,934	)		8,204
Transfers to Stage 1		6,318			(6,286	)		(32	)					–
Transfers to Stage 2		(13,084	)		13,516			(432	)					–
Transfers to Stage 3		(1,540	)		(1,440	)		2,980						–
		(8,306	)		5,790			2,516						–
Recoveries		–			–			397			28			425
Acquisition of portfolios2		3,694			–			–			–			3,694
Financial assets that have been written off during the year								(1,828	)		(54	)		(1,882	)
At 31 December 2019		449,975			28,543			6,015			13,714			498,247
Allowance for impairment losses		(675	)		(995	)		(1,447	)		(142	)		(3,259	)
Total loans and advances to customers		449,300			27,548			4,568			13,572			494,988
Debt securities
At 1 January 2019		5,238			–			6			–			5,244
Exchange and other adjustments1		(94	)		–			(2	)		–			(96	)
Additions (repayments)		400			–			–			–			400
Financial assets that have been written off during the year								(1	)		–			(1	)
At 31 December 2019		5,544			–			3			–			5,547
Allowance for impairment losses		–			–			(3	)		–			(3	)
Total debt securities		5,544			–			–			–			5,544
Total financial assets at amortised cost		464,619			27,548			4,568			13,572			510,307

Loans and advances to banks	Stage 1 £m			Stage 2 £m			Stage 3 £m			Purchased or originated credit-impaired £m			Total £m
At 1 January 2018		4,245			2			–			–			4,247
Exchange and other adjustments		(29	)		1			–			–			(28	)
Additions (repayments)		2,066			–			–			–			2,066
At 31 December 2018		6,282			3			–			–			6,285
Allowance for impairment losses		(2	)		–			–			–			(2	)
Total loans and advances to banks		6,280			3			–			–			6,283
Loans and advances to customers
At 1 January 2018		403,881			37,245			5,140			17,973			464,239
Exchange and other adjustments		958			32			–			–			990
Additions (repayments)		34,942			(2,187	)		(2,074	)		(2,609	)		28,072
Transfers to Stage 1		19,524			(19,501	)		(23	)					–
Transfers to Stage 2		(15,743	)		15,996			(253	)					–
Transfers to Stage 3		(2,031	)		(2,220	)		4,251						–
		1,750			(5,725	)		3,975						–
Recoveries		–			–			553			27			580
Disposal of businesses		–			(4,020	)		(277	)		–			(4,297	)
Financial assets that have been written off during the year								(1,576	)		–			(1,576	)
At 31 December 2018		441,531			25,345			5,741			15,391			488,008
Allowance for impairment losses		(525	)		(994	)		(1,553	)		(78	)		(3,150	)
Total loans and advances to customers		441,006			24,351			4,188			15,313			484,858
Debt securities
At 1 January 2018		3,291			–			49			–			3,340
Exchange and other adjustments		77			–			(14	)		–			63
Additions (repayments)		1,870			–			–			–			1,870
Financial assets that have been written off during the year								(29	)		–			(29	)
At 31 December 2018		5,238			–			6			–			5,244
Allowance for impairment losses		–			–			(6	)		–			(6	)
Total debt securities		5,238			–			–			–			5,238
Total financial assets at amortised cost		452,524			24,354			4,188			15,313			496,379