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Capital resources (Tables)
12 Months Ended
Dec. 31, 2017
Capital resources  
Schedule of regulatory capital

 

 

 

PRA transitional basis

 

2017
2016

 

£m

£m

Shareholders’ equity (excluding non-controlling interests)

 

 

Shareholders’ equity

48,330
48,609

Preference shares - equity

(2,565)
(2,565)

Other equity instruments

(4,058)
(4,582)

 

41,707
41,462

 

 

 

Regulatory adjustments and deductions

 

 

Own credit

(90)
(304)

Defined benefit pension fund adjustment

(287)
(208)

Cash flow hedging reserve

(227)
(1,030)

Deferred tax assets

(849)
(906)

Prudential valuation adjustments

(496)
(532)

Goodwill and other intangible assets

(6,543)
(6,480)

Expected losses less impairments

(1,286)
(1,371)

Other regulatory adjustments

28
(8)

 

(9,750)
(10,839)

 

 

 

CET1 capital

31,957
30,623

 

 

 

Additional Tier 1 (AT1) capital

 

 

Eligible AT1

4,041
4,041

Qualifying instruments and related share premium subject to phase out

3,416
5,416

Qualifying instruments issued by subsidiaries and held by third parties

140
339

AT1 capital

7,597
9,796

 

 

 

Tier 1 capital

39,554
40,419

 

 

 

Qualifying Tier 2 capital

 

 

Qualifying instruments and related share premium

6,501
7,066

Qualifying instruments issued by subsidiaries and held by third parties

1,876
4,818

Tier 2 capital

8,377
11,884

Total regulatory capital

47,931
52,303