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CONSOLIDATED CASH FLOW STATEMENT (UNAUDITED) - GBP (£)
£ in Millions
6 Months Ended
Jun. 30, 2023
Dec. 31, 2022
Jun. 30, 2022
Dec. 31, 2021
Cash flows from operating activities        
Profit before tax £ 3,870 £ 1,633 [1] £ 3,149 [1]  
Adjustments for:        
Change in operating assets (589) 15,450 [1] 1,285 [1]  
Change in operating liabilities 10,162 (8,555) [1] 10,036 [1]  
Non-cash and other items 2,222 1,672 [1] (1,916) [1]  
Tax paid (net) (861) (239) [1] (504) [1]  
Net cash provided by operating activities 14,804 9,961 [1] 12,050 [1]  
Cash flows from investing activities        
Purchase of financial assets (3,850) (5,598) [1] (2,386) [1]  
Proceeds from sale and maturity of financial assets 3,657 5,864 [1] 5,308 [1]  
Purchase of fixed assets (3,378) (2,209) [1] (1,646) [1]  
Proceeds from sale of fixed assets 534 843 [1] 707 [1]  
Repayment of capital by joint ventures and associates 9 0 [1] 36 [1]  
Acquisition of businesses, net of cash acquired (28) (28) [1] (381) [1]  
Net cash (used in) provided by investing activities (3,056) (1,128) [1] 1,638 [1]  
Cash flows from financing activities        
Dividends paid to ordinary shareholders (1,059) (545) [1] (930) [1]  
Distributions in respect of other equity instruments (255) (224) [1] (214) [1]  
Distributions in respect of non-controlling interests (30) (31) [1] (61) [1]  
Interest paid on subordinated liabilities (344) (216) [1] (387) [1]  
Proceeds from issue of subordinated liabilities 746 838 [1] 0 [1]  
Proceeds from issue of other equity instruments 1,772   0 £ 745
Proceeds from issue of ordinary shares 70 14 [1] 17 [1]  
Share buyback (1,523) (177) [1] (1,836) [1]  
Repayment of subordinated liabilities (1,162) (572) [1] (1,644) [1]  
Repurchases and redemptions of other equity instruments (135) (957) [1] (438) [1]  
Change in stake of non-controlling interests 0 3 [1] 2 [1]  
Net cash used in financing activities (1,920) (1,122) [1] (5,491) [1]  
Effects of exchange rate changes on cash and cash equivalents (493) 133 [1] 594 [1]  
Change in cash and cash equivalents 9,335 7,844 [1] 8,791 [1]  
Cash and cash equivalents at beginning of period [1] 95,829 87,985 79,194  
Cash and cash equivalents at end of period £ 105,164 £ 95,829 [1] £ 87,985 [1] £ 79,194 [1]
[1]     Restated for presentational changes and for the adoption of IFRS 17; see notes 1, 24 and 25.