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Condensed consolidated statement of comprehensive income - GBP (£)
£ in Millions
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Condensed consolidated statement of comprehensive income    
Profit for the period £ 2,015 £ 2,070
Items that do not qualify for reclassification    
Remeasurement of retirement benefit schemes [1] (517) (734)
Changes in fair value of credit in financial liabilities designated at fair value through profit or loss (FVTPL) due to own credit risk 91 (25)
Fair value through other comprehensive income (FVOCI) financial assets 3 8
Tax 123 182
Total - Items that do not qualify for reclassification (300) (569)
Items that do qualify for reclassification    
FVOCI financial assets (458) (145)
Cash flow hedges (1,557) (365)
Currency translation 185 (288)
Tax 566 65
Total - Items that do qualify for reclassification (1,264) (733)
Other comprehensive losses after tax (1,564) (1,302)
Total comprehensive income for the period 451 768
Attributable to:    
Ordinary shareholders 327 535
Preference shareholders   9
Paid-in equity holders 121 178
Non-controlling interests 3 46
Total comprehensive income for the period £ 451 £ 768
[1] Following the purchase of ordinary shares from UKGI in March 2021, NatWest Group contributed £500 million to its main pension scheme in line with the memorandum of understanding announced on 17 April 2018. After tax relief, this contribution reduced total equity by £365 million. In line with our policy, the present value of defined benefit obligations and the fair value of plan assets at the end of the interim reporting period are assessed to identity significant market fluctuations and one-off events since the end of the prior financial year