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Fair values of financial assets and liabilities - Schedule of Financial Assets Carried at Fair Value by Valuation Hierarchy (Details) - GBP (£)
£ in Millions
Jun. 30, 2023
Dec. 31, 2022
Jan. 01, 2022
Disclosure of fair value measurement of assets [line items]      
Reverse repurchase agreements £ 36,006 £ 44,865 [1]  
Financial assets at fair value through profit or loss 191,525 180,769 [1] £ 206,971
Insurance contracts      
Disclosure of fair value measurement of assets [line items]      
Financial assets at fair value through profit or loss 166,428 161,778  
Fair value      
Disclosure of fair value measurement of assets [line items]      
Total financial assets carried at fair value 237,427 228,676  
Reverse repurchase agreements 36,006 44,865  
Level 1 | Fair value      
Disclosure of fair value measurement of assets [line items]      
Total financial assets carried at fair value 131,621 126,920  
Level 2 | Fair value      
Disclosure of fair value measurement of assets [line items]      
Total financial assets carried at fair value 93,593 89,557  
Level 3 | Fair value      
Disclosure of fair value measurement of assets [line items]      
Total financial assets carried at fair value 12,213 12,199  
Financial assets at fair value through profit or loss      
Disclosure of fair value measurement of assets [line items]      
Total financial assets carried at fair value 191,525 180,769  
Reverse repurchase agreements 16,091 11,781  
Contracts held with reinsurers 11,292 10,906  
Financial assets at fair value through profit or loss | Level 1      
Disclosure of fair value measurement of assets [line items]      
Total financial assets carried at fair value 120,724 115,452  
Reverse repurchase agreements 0 0  
Contracts held with reinsurers 0 0  
Financial assets at fair value through profit or loss | Level 2      
Disclosure of fair value measurement of assets [line items]      
Total financial assets carried at fair value 59,387 54,013  
Reverse repurchase agreements 16,091 11,781  
Contracts held with reinsurers 11,292 10,906  
Financial assets at fair value through profit or loss | Level 3      
Disclosure of fair value measurement of assets [line items]      
Total financial assets carried at fair value 11,414 11,304  
Reverse repurchase agreements 0 0  
Contracts held with reinsurers 0 0  
Financial assets at fair value through profit or loss | Loans and advances to banks      
Disclosure of fair value measurement of assets [line items]      
Total financial assets carried at fair value 3,010 3,329  
Financial assets at fair value through profit or loss | Loans and advances to banks | Level 1      
Disclosure of fair value measurement of assets [line items]      
Total financial assets carried at fair value 0 0  
Financial assets at fair value through profit or loss | Loans and advances to banks | Level 2      
Disclosure of fair value measurement of assets [line items]      
Total financial assets carried at fair value 3,010 3,329  
Financial assets at fair value through profit or loss | Loans and advances to banks | Level 3      
Disclosure of fair value measurement of assets [line items]      
Total financial assets carried at fair value 0 0  
Financial assets at fair value through profit or loss | Loans and advances to customers      
Disclosure of fair value measurement of assets [line items]      
Total financial assets carried at fair value 9,932 9,762  
Financial assets at fair value through profit or loss | Loans and advances to customers | Level 1      
Disclosure of fair value measurement of assets [line items]      
Total financial assets carried at fair value 0 0  
Financial assets at fair value through profit or loss | Loans and advances to customers | Level 2      
Disclosure of fair value measurement of assets [line items]      
Total financial assets carried at fair value 2,291 1,879  
Financial assets at fair value through profit or loss | Loans and advances to customers | Level 3      
Disclosure of fair value measurement of assets [line items]      
Total financial assets carried at fair value 7,641 7,883  
Financial assets at fair value through profit or loss | Debt securities      
Disclosure of fair value measurement of assets [line items]      
Total financial assets carried at fair value 39,988 38,047  
Financial assets at fair value through profit or loss | Debt securities | Level 1      
Disclosure of fair value measurement of assets [line items]      
Total financial assets carried at fair value 11,183 10,127  
Financial assets at fair value through profit or loss | Debt securities | Level 2      
Disclosure of fair value measurement of assets [line items]      
Total financial assets carried at fair value 26,703 26,118  
Financial assets at fair value through profit or loss | Debt securities | Level 3      
Disclosure of fair value measurement of assets [line items]      
Total financial assets carried at fair value 2,102 1,802  
Financial assets at fair value through profit or loss | Treasury and other bills      
Disclosure of fair value measurement of assets [line items]      
Total financial assets carried at fair value 0 62  
Financial assets at fair value through profit or loss | Treasury and other bills | Level 1      
Disclosure of fair value measurement of assets [line items]      
Total financial assets carried at fair value 0 62  
Financial assets at fair value through profit or loss | Treasury and other bills | Level 2      
Disclosure of fair value measurement of assets [line items]      
Total financial assets carried at fair value 0 0  
Financial assets at fair value through profit or loss | Treasury and other bills | Level 3      
Disclosure of fair value measurement of assets [line items]      
Total financial assets carried at fair value 0 0  
Financial assets at fair value through profit or loss | Equity shares      
Disclosure of fair value measurement of assets [line items]      
Total financial assets carried at fair value 111,212 106,882  
Financial assets at fair value through profit or loss | Equity shares | Level 1      
Disclosure of fair value measurement of assets [line items]      
Total financial assets carried at fair value 109,541 105,263  
Financial assets at fair value through profit or loss | Equity shares | Level 2      
Disclosure of fair value measurement of assets [line items]      
Total financial assets carried at fair value 0 0  
Financial assets at fair value through profit or loss | Equity shares | Level 3      
Disclosure of fair value measurement of assets [line items]      
Total financial assets carried at fair value 1,671 1,619  
Financial assets at fair value through other comprehensive income      
Disclosure of fair value measurement of assets [line items]      
Total financial assets carried at fair value 22,232 23,154  
Financial assets at fair value through other comprehensive income | Level 1      
Disclosure of fair value measurement of assets [line items]      
Total financial assets carried at fair value 10,846 11,390  
Financial assets at fair value through other comprehensive income | Level 2      
Disclosure of fair value measurement of assets [line items]      
Total financial assets carried at fair value 11,094 11,422  
Financial assets at fair value through other comprehensive income | Level 3      
Disclosure of fair value measurement of assets [line items]      
Total financial assets carried at fair value 292 342  
Financial assets at fair value through other comprehensive income | Debt securities      
Disclosure of fair value measurement of assets [line items]      
Total financial assets carried at fair value 21,997 22,871  
Financial assets at fair value through other comprehensive income | Debt securities | Level 1      
Disclosure of fair value measurement of assets [line items]      
Total financial assets carried at fair value 10,846 11,390  
Financial assets at fair value through other comprehensive income | Debt securities | Level 2      
Disclosure of fair value measurement of assets [line items]      
Total financial assets carried at fair value 11,094 11,422  
Financial assets at fair value through other comprehensive income | Debt securities | Level 3      
Disclosure of fair value measurement of assets [line items]      
Total financial assets carried at fair value 57 59  
Financial assets at fair value through other comprehensive income | Equity shares      
Disclosure of fair value measurement of assets [line items]      
Total financial assets carried at fair value 235 283  
Financial assets at fair value through other comprehensive income | Equity shares | Level 1      
Disclosure of fair value measurement of assets [line items]      
Total financial assets carried at fair value 0 0  
Financial assets at fair value through other comprehensive income | Equity shares | Level 2      
Disclosure of fair value measurement of assets [line items]      
Total financial assets carried at fair value 0 0  
Financial assets at fair value through other comprehensive income | Equity shares | Level 3      
Disclosure of fair value measurement of assets [line items]      
Total financial assets carried at fair value 235 283  
Derivative financial instruments      
Disclosure of fair value measurement of assets [line items]      
Total financial assets carried at fair value 23,670 24,753  
Derivative financial instruments | Level 1      
Disclosure of fair value measurement of assets [line items]      
Total financial assets carried at fair value 51 78  
Derivative financial instruments | Level 2      
Disclosure of fair value measurement of assets [line items]      
Total financial assets carried at fair value 23,112 24,122  
Derivative financial instruments | Level 3      
Disclosure of fair value measurement of assets [line items]      
Total financial assets carried at fair value £ 507 £ 553  
[1] Restated for presentational changes and for the adoption of IFRS 17; see notes 1, 24 and 25.