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CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (UNAUDITED) - GBP (£)
£ in Millions
Total
Total
Share capital and premium
Other reserves
Retained profits
Other equity instruments
Non-controlling interests
Beginning balance at Dec. 31, 2022 £ 43,911 £ 38,370 £ 25,233 £ 6,587 £ 6,550 £ 5,297 £ 244
Comprehensive income              
Profit for the period 2,864 2,572     2,572 255 37
Other comprehensive income              
Post-retirement defined benefit scheme remeasurements, net of tax (92) (92)     (92)    
Movements in revaluation reserve in respect of financial assets held at fair value through other comprehensive income, net of tax:              
Debt securities 35 35   35      
Equity shares (48) (48)   (48)      
Gains and losses attributable to own credit risk, net of tax (61) (61)     (61)    
Movements in cash flow hedging reserve, net of tax (644) (644)   (644)      
Movements in foreign currency translation reserve, net of tax (66) (66)   (66)      
Total other comprehensive (loss) income for the period, net of tax (876) (876)   (723) (153)    
Total comprehensive income for the period [1] 1,988 1,696   (723) 2,419 255 37
Transactions with owners              
Dividends (1,089) (1,059)     (1,059)   (30)
Distributions on other equity instruments (255)         (255)  
Issue of ordinary shares 115 115 115        
Share buyback [2] (2,020) (2,020) (327) 327 (2,020)    
Issue of other equity instruments 1,772 (6)     (6) 1,778  
Repurchases and redemptions of other equity instruments (135) 0     0 (135)  
Movement in treasury shares 101 101     101    
Value of employee services:              
Share option schemes 23 23     23    
Other employee award schemes 71 71     71    
Changes in non-controlling interests 0 0     0   0
Total transactions with owners (1,417) (2,775) (212) 327 (2,890) 1,388 (30)
Realised gains and losses on equity shares held at fair value through other comprehensive income 0 0   0 0    
Ending balance at Jun. 30, 2023 [3] 44,482 37,291 25,021 6,191 6,079 6,940 251
Comprehensive income              
Profit for the period 2,654 2,361     2,361 272 21
Other comprehensive income              
Post-retirement defined benefit scheme remeasurements, net of tax (1,113) (1,113)     (1,113)    
Movements in revaluation reserve in respect of financial assets held at fair value through other comprehensive income, net of tax:              
Debt securities (152) (152)   (152)      
Equity shares (9) (9)   (9)      
Gains and losses attributable to own credit risk, net of tax (107) (107)     (107)    
Movements in cash flow hedging reserve, net of tax 2,354 2,354   2,354      
Movements in foreign currency translation reserve, net of tax 13 13   13      
Total other comprehensive (loss) income for the period, net of tax 986 986   2,206 (1,220)    
Total comprehensive income for the period [4] 3,640 3,347   2,206 1,141 272 21
Transactions with owners              
Dividends (663) (592)     (592)   (71)
Distributions on other equity instruments (272)         (272)  
Issue of ordinary shares 16 16 16        
Share buyback 27 27 (111) 111 27    
Issue of other equity instruments 0 0     0 0  
Repurchases and redemptions of other equity instruments 0 0     0 0  
Movement in treasury shares 2 2     2    
Value of employee services:              
Share option schemes 35 35     35    
Other employee award schemes 98 98     98    
Changes in non-controlling interests 0 0     0   0
Total transactions with owners (757) (414) (95) 111 (430) (272) (71)
Realised gains and losses on equity shares held at fair value through other comprehensive income 0            
Ending balance at Dec. 31, 2023 [5] 47,365 40,224 24,926 8,508 6,790 6,940 201
Comprehensive income              
Profit for the period 2,444 2,145     2,145 269 30
Other comprehensive income              
Post-retirement defined benefit scheme remeasurements, net of tax (258) (258)     (258)    
Movements in revaluation reserve in respect of financial assets held at fair value through other comprehensive income, net of tax:              
Debt securities 72 72   72      
Equity shares 72 72   72      
Gains and losses attributable to own credit risk, net of tax (62) (62)     (62)    
Movements in cash flow hedging reserve, net of tax (262) (262)   (262)      
Movements in foreign currency translation reserve, net of tax (39) (39)   (39)      
Total other comprehensive (loss) income for the period, net of tax (477) (477)   (157) (320)    
Total comprehensive income for the period [6] 1,967 1,668   (157) 1,825 269 30
Transactions with owners              
Dividends (1,172) (1,169)     (1,169)   (3)
Distributions on other equity instruments (269) 0       (269)  
Issue of ordinary shares 171 171 171        
Share buyback [7] (1,553) (1,553) (174) 174 (1,553)    
Issue of other equity instruments 0 0     0 0  
Repurchases and redemptions of other equity instruments (1,324) (316)     (316) (1,008)  
Movement in treasury shares (136) (136)     (136)    
Value of employee services:              
Share option schemes 24 24     24    
Other employee award schemes 46 46     46    
Changes in non-controlling interests (2) 0         (2)
Total transactions with owners (4,215) (2,933) (3) 174 (3,104) (1,277) (5)
Realised gains and losses on equity shares held at fair value through other comprehensive income 0 0          
Ending balance at Jun. 30, 2024 [8] £ 45,117 £ 38,959 £ 24,923 £ 8,525 £ 5,511 £ 5,932 £ 226
[1] Total comprehensive income attributable to owners of the parent was £1,951 million.
[2] 2Contains a closed period accrual of £419 million.
[3] 3Total equity attributable to owners of the parent was £44,231 million.
[4] Total comprehensive income attributable to owners of the parent was £3,619 million.
[5] Total equity attributable to owners of the parent was £47,164 million.
[6] 1Total comprehensive income attributable to owners of the parent was £1,937 million.
[7] 2Contains a closed period accrual of £630 million.
[8] 3Total equity attributable to owners of the parent was £44,891 million.