v3.25.2
Consolidated statement of comprehensive income - GBP (£)
£ in Millions
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Statement of comprehensive income [abstract]    
Profit for the period £ 852 £ 731
Items that will be reclassified subsequently to profit or loss when specific conditions are met:    
Debt instruments at fair value though other comprehensive income (919) 26
– fair value gains [1] (872) 43
– fair value (gains) transferred to the income statement on disposal (20) (7)
– expected credit losses recognised in income statement 0 1
– income taxes (27) (11)
Cash flow hedges 277 (201)
– fair value gains/(losses) 257 (418)
– fair value losses reclassified to the income statement 125 143
– income taxes (105) 74
Finance income from insurance contracts 16 13
– before income taxes 21 18
– income taxes (5) (5)
Exchange differences and other 390 (193)
Items that will not be reclassified subsequently to profit or loss:    
Remeasurement of defined benefit asset/liability 21 25
– before income taxes 22 31
– income taxes (1) (6)
Equity instruments designated at fair value through other comprehensive income 3 13
– fair value gains 4 15
– income taxes (1) (2)
Changes in fair value of financial liabilities designated at fair value upon initial recognition arising from changes in own credit risk [2] 106 (30)
– before income taxes 145 (41)
– income taxes (39) 11
Other comprehensive (expense)/income (net of tax) (106) (347)
Total comprehensive income for the period 746 384
– the parent company 730 371
Attributable to:    
– the parent company 730 371
– non-controlling interests £ 16 £ 13
[1] Amounts in 1H25 includes a £1bn fair value post-tax loss in other comprehensive income on a retained portfolio of home and other loans associated with the sale
of our retail banking operations in France, and reclassified from hold-to-collect to hold-to-collect-and-sell business model, and measured in loans and advances at
fair value through other comprehensive income.
[2] The cumulative amount of change in fair value attributable to changes in own credit risk of financial liabilities designated at fair value was a loss of £222m (1H24:
was a gain of £88m and 2H24: loss of £18m).