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Fair values of financial assets and liabilities - Schedule of Movements in Level 3 Portfolio (Details) - GBP (£)
£ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
FINANCIAL INSTRUMENTS (Details) - Schedule of Movements in Level 3 Portfolio [Line Items]      
At 1 January £ 841,000    
Exchange and other adjustments 53 £ (85) [1] £ 39
(Losses) gains recognised in other comprehensive income within the revaluation reserve in respect of financial assets at fair value through other comprehensive income 7 9  
At 31 December 846,753 841,000  
Level 3 £m | Financial assets at fair value through profit or loss      
FINANCIAL INSTRUMENTS (Details) - Schedule of Movements in Level 3 Portfolio [Line Items]      
At 1 January 11,304 13,313  
Exchange and other adjustments (4) 15  
Gains (losses) recognised in the income statement within other income 723 (1,609)  
Purchases/increases to customer loans 744 959  
Sales/repayments of customer loans (1,140) (1,320)  
Transfers into the level 3 portfolio 136 197  
Transfers out of the level 3 portfolio (82) (251)  
At 31 December 11,681 11,304 13,313
Gains (losses) recognised in the income statement, within other income, relating to the change in fair value of those assets held at 31 December 654 (1,596)  
Level 3 £m | Financial assets at fair value through other comprehensive income      
FINANCIAL INSTRUMENTS (Details) - Schedule of Movements in Level 3 Portfolio [Line Items]      
At 1 January 342 305  
Exchange and other adjustments (1) 3  
Gains (losses) recognised in the income statement within other income 6 (2)  
(Losses) gains recognised in other comprehensive income within the revaluation reserve in respect of financial assets at fair value through other comprehensive income (54) 44  
Purchases/increases to customer loans 3 3  
Sales/repayments of customer loans (12) (11)  
Transfers into the level 3 portfolio 0 0  
Transfers out of the level 3 portfolio 0 0  
At 31 December 284 342 305
Level 3 £m | Total financial assets (excluding derivatives) at fair value      
FINANCIAL INSTRUMENTS (Details) - Schedule of Movements in Level 3 Portfolio [Line Items]      
At 1 January 11,646 13,618  
Exchange and other adjustments (5) 18  
Gains (losses) recognised in the income statement within other income 729 (1,611)  
(Losses) gains recognised in other comprehensive income within the revaluation reserve in respect of financial assets at fair value through other comprehensive income (54) 44  
Purchases/increases to customer loans 747 962  
Sales/repayments of customer loans (1,152) (1,331)  
Transfers into the level 3 portfolio 136 197  
Transfers out of the level 3 portfolio (82) (251)  
At 31 December 11,965 11,646 £ 13,618
Gains (losses) recognised in the income statement, within other income, relating to the change in fair value of those assets held at 31 December £ 654 £ (1,596)  
[1]
1    Restated for the adoption of IFRS 17; see notes 1 and 54.