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PARENT COMPANY DISCLOSURES (Details) - Company Cash Flow Statement - GBP (£)
£ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
PARENT COMPANY DISCLOSURES (Details) - Company Cash Flow Statement [Line Items]      
Profit before tax £ 1,226 £ 4,393 £ 5,960
Change in other assets 3,299 (2,513) 520
Net cash provided by (used in) operating activities 27,171 11,281 (11,107)
Cash flows from investing activities      
Net cash (used in) provided by investing activities (4,000) (2,130) 11,921
Cash flows from financing activities      
Dividends paid to ordinary shareholders 0 (2,312) (2,240)
Distributions on other equity instruments (453) (466) (433)
Interest paid on subordinated liabilities (1,095) (1,178) (1,268)
Proceeds from issue of subordinated liabilities 0 0 1,729
Proceeds from issue of ordinary shares 144 36 102
Share buyback 0 (1,095) (1,005)
Repayment of subordinated liabilities (3,874) (818) (2,256)
Redemption of other equity instruments 0 (1,481) 0
Net cash used in financing activities (5,319) (6,559) (4,301)
Change in cash and cash equivalents 17,656 2,587 (3,484)
Cash and cash equivalents at beginning of year 57,811 55,224 58,708
Cash and cash equivalents at end of year 75,467 57,811 55,224
Parent company      
PARENT COMPANY DISCLOSURES (Details) - Company Cash Flow Statement [Line Items]      
Profit before tax 1,257 5,439 4,102
Fair value and exchange adjustments and other non-cash items (512) (166) (715)
Change in other assets (1,815) (11,975) (572)
Change in other liabilities and other items 6,401 3,151 7,538
Dividends received (1,135) (5,150) (4,000)
Distributions on other equity instruments received (492) (366) (324)
Tax received 0 70 660
Net cash provided by (used in) operating activities 3,704 (8,997) 6,689
Cash flows from investing activities      
Return of capital contribution 4 5 9
Dividends received 1,135 5,150 4,000
Distributions on other equity instruments received 492 366 324
Acquisitions of and capital injections to subsidiaries (1,170) (1,648) (12,753)
Return of capital by subsidiaries 0 0 11,114
Amounts advanced to subsidiaries (5,827) (1,812) (21,577)
Repayment of loans to subsidiaries 2,004 11,257 12,602
Interest received on loans to subsidiaries 261 395 370
Net cash (used in) provided by investing activities (3,101) 13,713 (5,911)
Cash flows from financing activities      
Dividends paid to ordinary shareholders 0 (2,312) (2,240)
Distributions on other equity instruments (453) (466) (433)
Interest paid on subordinated liabilities (316) (314) (275)
Proceeds from issue of subordinated liabilities 0 0 1,729
Proceeds from issue of other equity instruments 0 891 1,129
Proceeds from issue of ordinary shares 144 36 102
Share buyback 0 (1,095) (1,005)
Repayment of subordinated liabilities 0 (3) 0
Redemption of other equity instruments 0 (1,481) 0
Net cash used in financing activities (625) (4,744) (993)
Change in cash and cash equivalents (22) (28) (215)
Cash and cash equivalents at beginning of year 29 57 272
Cash and cash equivalents at end of year £ 7 £ 29 £ 57