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CONSOLIDATED STATEMENT OF CHANGES IN EQUITY - GBP (£)
£ in Millions
Share capital and premium
Other reserves
Retained earnings
Equity attributable to owners of parent
Other equity interest
Non-controlling interests
Total
Beginning Balance at Dec. 31, 2018 £ 24,835 £ 13,210 £ 5,389 £ 43,434 £ 6,491 £ 274 £ 50,199
Comprehensive income              
(Loss) profit for the period     1,942 1,942 251 32 2,225
Post-retirement defined benefit scheme remeasurements, net of tax     (129) (129)     (129)
Movements in revaluation reserve in respect of financial assets held at fair value through other comprehensive income, net of tax - debt securities   (159)   (159)     (159)
Movements in revaluation reserve in respect of financial assets held at fair value through other comprehensive income, net of tax - equity shares   13   13     13
Gains and losses attributable to own credit risk, net of tax     (221) (221)     (221)
Movements in cash flow hedging reserve, net of tax   687   687     687
Currency translation differences (tax: nil)   1   1     1
Total other comprehensive income   542 (350) 192     192
Total comprehensive income   542 1,592 2,134 251 32 2,417
Transactions with owners              
Dividends     (1,523) (1,523)   (91) (1,614)
Distributions on other equity instruments, net of tax         (251)   (251)
Issue of ordinary shares 90     90     90
Share buyback (113) 113 (879) (879)     (879)
Redemption of preference shares 3 (3)          
Issue of other equity instruments     (1) (1) 396   395
Redemption of other equity instruments         (1,481)   (1,481)
Movement in treasury shares     71 71     71
Value of employee services:              
Share option schemes     34 34     34
Other employee award schemes     88 88     88
Changes in non-controlling interests           (14) (14)
Total transactions with owners (20) 110 (2,210) (2,120) (1,336) (105) (3,561)
Realised gains and losses on equity shares held at fair value through other comprehensive income   2 (2)        
Ending Balance at Jun. 30, 2019 24,815 13,864 4,769 43,448 5,406 201 49,055
Comprehensive income              
(Loss) profit for the period     517 517 215 49 781
Post-retirement defined benefit scheme remeasurements, net of tax     (988) (988)     (988)
Movements in revaluation reserve in respect of financial assets held at fair value through other comprehensive income, net of tax - debt securities   3   3     3
Movements in revaluation reserve in respect of financial assets held at fair value through other comprehensive income, net of tax - equity shares   (1)   (1)     (1)
Gains and losses attributable to own credit risk, net of tax     (85) (85)     (85)
Movements in cash flow hedging reserve, net of tax   (234)   (234)     (234)
Currency translation differences (tax: nil)   (13)   (13)     (13)
Total other comprehensive income   (245) (1,073) (1,318)     (1,318)
Total comprehensive income   (245) (556) (801) 215 49 (537)
Transactions with owners              
Dividends     (789) (789)   (47) (836)
Distributions on other equity instruments, net of tax         (215)   (215)
Issue of ordinary shares 17     17     17
Share buyback (76) 76 (216) (216)     (216)
Issue of other equity instruments     (2) (2) 500   498
Movement in treasury shares     (74) (74)     (74)
Value of employee services:              
Share option schemes     37 37     37
Other employee award schemes     77 77     77
Total transactions with owners (59) 76 (967) (950) 285 (47) (712)
Ending Balance at Dec. 31, 2019 24,756 13,695 3,246 41,697 5,906 203 47,806
Comprehensive income              
(Loss) profit for the period     (234) (234) 234 19 19
Post-retirement defined benefit scheme remeasurements, net of tax     514 514     514
Movements in revaluation reserve in respect of financial assets held at fair value through other comprehensive income, net of tax - debt securities   (109)   (109)     (109)
Movements in revaluation reserve in respect of financial assets held at fair value through other comprehensive income, net of tax - equity shares   (62)   (62)     (62)
Gains and losses attributable to own credit risk, net of tax     (2) (2)     (2)
Movements in cash flow hedging reserve, net of tax   458   458     458
Currency translation differences (tax: nil)   28   28     28
Total other comprehensive income   315 512 827     827
Total comprehensive income [1]   315 278 593 234 19 846
Transactions with owners              
Distributions on other equity instruments, net of tax         (234)   (234)
Issue of ordinary shares [2] 176     176     176
Movement in treasury shares     221 221     221
Value of employee services:              
Share option schemes     12 12     12
Other employee award schemes     35 35     35
Total transactions with owners 176   268 444 (234)   210
Ending Balance at Jun. 30, 2020 £ 24,932 £ 14,010 £ 3,792 £ 42,734 £ 5,906 £ 222 £ 48,862
[1] Total comprehensive income attributable to owners of the parent for the half-year to 30 June 2020 was £827 million (half-year to 30 June 2019: £2,385 million; half-year to 31 December 2019: a deficit of £586 million).
[2] During the half-year to 30 June 2020, 709 million shares (half-year to 30 June 2019: 725 million shares; half-year to 31 December 2019: 51 million shares) were issued in respect of employee share schemes