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CONSOLIDATED CASH FLOW STATEMENT - GBP (£)
£ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Statement of cash flows [abstract]      
Profit before tax £ 6,902 £ 1,226 £ 4,393
Adjustments for:      
Change in operating assets (10,502) (18,650) (11,049)
Change in operating liabilities 4,954 35,737 3,642
Non-cash and other items 6,063 9,594 15,573
Tax paid (net) (796) (736) (1,278)
Net cash provided by operating activities 6,621 27,171 11,281
Cash flows from investing activities      
Purchase of financial assets (8,984) (8,589) (9,730)
Proceeds from sale and maturity of financial assets 8,287 6,347 9,631
Purchase of fixed assets (3,228) (2,901) (3,442)
Proceeds from sale of fixed assets 1,437 1,146 1,432
Acquisition of businesses, net of cash acquired (57) (3) (21)
Net cash used in investing activities (2,545) (4,000) (2,130)
Cash flows from financing activities      
Dividends paid to ordinary shareholders (877) 0 (2,312)
Distributions on other equity instruments (429) (453) (466)
Dividends paid to non-controlling interests (93) (41) (138)
Interest paid on subordinated liabilities (1,303) (1,095) (1,178)
Proceeds from issue of subordinated liabilities 499 0 0
Proceeds from issue of other equity instruments 0 0 893
Proceeds from issue of ordinary shares 25 144 36
Share buyback 0 0 (1,095)
Repayment of subordinated liabilities (1,056) (3,874) (818)
Redemption of other equity instruments 0 0 (1,481)
Net cash used in financing activities (3,234) (5,319) (6,559)
Effects of exchange rate changes on cash and cash equivalents 70 (196) (5)
Change in cash and cash equivalents 912 17,656 2,587
Cash and cash equivalents at beginning of year 75,467 57,811 55,224
Cash and cash equivalents at end of year £ 76,379 £ 75,467 £ 57,811