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CONSOLIDATED CASH FLOW STATEMENT (UNAUDITED) - GBP (£)
£ in Millions
6 Months Ended
Jun. 30, 2021
Dec. 31, 2020
Jun. 30, 2020
Statement of cash flows [abstract]      
Profit (loss) before tax £ 3,905 £ 1,828 £ (602)
Adjustments for:      
Change in operating assets (2,013) (4,337) (14,313)
Change in operating liabilities 2,509 (5,675) 41,412
Non-cash and other items 2,620 7,189 2,405
Tax paid (602) (10) (726)
Net cash provided by (used in) operating activities 6,419 (1,005) 28,176
Cash flows from investing activities      
Purchase of financial assets (5,442) (1,474) (7,115)
Proceeds from sale and maturity of financial assets 6,378 1,108 5,239
Purchase of fixed assets (1,553) (1,587) (1,314)
Proceeds from sale of fixed assets 710 706 440
Acquisition of businesses, net of cash acquired (7) 0 (3)
Net cash provided by (used in) investing activities 86 (1,247) (2,753)
Cash flows from financing activities      
Dividends paid to ordinary shareholders (404) 0 0
Distributions on other equity instruments (213) (219) (234)
Dividends paid to non-controlling interests (51) (41) 0
Interest paid on subordinated liabilities (456) (413) (682)
Proceeds from issue of subordinated liabilities 500 0 0
Proceeds from issue of ordinary shares 12 11 133
Repayment of subordinated liabilities (471) (2,105) (1,769)
Net cash used in financing activities (1,083) (2,767) (2,552)
Effects of exchange rate changes on cash and cash equivalents (66) (200) 4
Change in cash and cash equivalents 5,356 (5,219) 22,875
Cash and cash equivalents at beginning of period 75,467 80,686 57,811
Cash and cash equivalents at end of period £ 80,823 £ 75,467 £ 80,686