v3.26.1
Consolidated statement of changes in equity - GBP (£)
£ in Millions
Shareholders' equity
Share capital
Other reserves
Retained earnings
Non-controlling interests
Total
Beginning Balance at Dec. 31, 2024 £ 16,166 £ 91 £ (11,197) £ 27,272 £ 58 £ 16,224
Profit after tax 806     806 7 813
Other comprehensive income/(expenses) (298)   (313) 15   (298)
Total comprehensive (expenses)/income 508   (313) 821 7 515
Distributions to non-controlling interests         (8) (8)
Dividends to equity shareholders (415)     (415)   (415)
Share based incentive plans 42     42   42
Tax on share-based incentive plans 1     1   1
Shares transferred to employees 1   93 (92)   1
Repurchase of ordinary shares and capital reduction (372) (1) 1 (372)   (372)
Purchase of non-controlling interests 10     10   10
Ending Balance at Jun. 30, 2025 15,941 90 (11,416) 27,267 57 15,998
Beginning Balance at Dec. 31, 2025 16,425 90 (11,512) 27,847 59 16,484
Profit after tax 762     762 8 770
Other comprehensive income/(expenses) 28   11 17 1 29
Total comprehensive (expenses)/income 790   11 779 9 799
Distributions to non-controlling interests         (8) (8)
Dividends to equity shareholders (436)     (436)   (436)
Share based incentive plans 53     53   53
Shares transferred to employees 5   104 (99)   5
Repurchase of ordinary shares and capital reduction (457) (2) 2 (457)   (457)
Ending Balance at Jun. 30, 2026 £ 16,380 £ 88 £ (11,395) £ 27,687 £ 60 £ 16,440