v3.26.1
CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (UNAUDITED) - GBP (£)
£ in Millions
Total
Total
Share capital
Share premium
Other reserves
Retained profits
Other equity instruments
Non-controlling interests
Beginning balance at Dec. 31, 2024 £ 45,888 £ 39,521 £ 6,062 [1] £ 18,720 [1] £ 8,827 £ 5,912 £ 6,195 £ 172
Comprehensive income                
Profit for the period 2,544 [2] 2,274       2,274 245 25
Other comprehensive income                
Post-retirement defined benefit scheme remeasurements, net of tax (125) [2] (125)       (125)    
Movements in revaluation reserve in respect of FVOCI assets, net of tax:                
Debt securities 4 [2] 4     4      
Equity shares 42 [2] 42     42      
Gains and losses attributable to own credit risk, net of tax 45 [2] 45       45    
Movements in cash flow hedge reserve, net of tax 1,003 [2] 1,003     1,003      
Movements in foreign currency translation reserve, net of tax 9 [2] 9     9      
Total other comprehensive (loss) income for the period, net of tax 978 [2] 978     1,058 (80)    
Total comprehensive income for the period [3] 3,522 [2] 3,252     1,058 2,194 245 25
Transactions with owners                
Dividends (note 17) (1,294) (1,271)       (1,271)   (23)
Distributions on other equity instruments (245)           (245)  
Issue of ordinary shares 105 105 44 [1] 61 [1]        
Share buyback [4] (1,357) (1,357) (103) [1]   103 (1,357)    
Issue of other equity instruments 749 (1)       (1) 750  
Repurchases and redemptions of other equity instruments (641) (19)       (19) (622)  
Movement in treasury shares 35 35       35    
Value of employee services 109 109       109    
Changes in non-controlling interests 0 20       20   (20)
Total transactions with owners (2,539) (2,379) (59) [1] 61 [1] 103 (2,484) (117) (43)
Realised gains and losses on FVOCI equity shares 0 0     (2) 2    
Ending balance at Jun. 30, 2025 [5] 46,871 40,394 6,003 [1],[6] 18,781 [1],[6] 9,986 5,624 6,323 154
Comprehensive income                
Profit for the period 2,213 [2] 1,922       1,922 218 73
Other comprehensive income                
Post-retirement defined benefit scheme remeasurements, net of tax (260) [2] (260)       (260)    
Movements in revaluation reserve in respect of FVOCI assets, net of tax:                
Debt securities 20 [2] 20     20      
Equity shares (8) [2] (8)     (8)      
Gains and losses attributable to own credit risk, net of tax (136) [2] (136)       (136)    
Movements in cash flow hedge reserve, net of tax 689 [2] 689     689      
Movements in foreign currency translation reserve, net of tax 45 [2] 45     45      
Total other comprehensive (loss) income for the period, net of tax 350 [2] 350     746 (396)    
Total comprehensive income for the period [7] 2,563 [2] 2,272     746 1,526 218 73
Transactions with owners                
Dividends (note 17) (757) (729)       (729)   (28)
Distributions on other equity instruments (218)           (218)  
Issue of ordinary shares 19 19 3 [6] 16 [6]        
Share buyback (353) (353) (117) [6] 0 [6] 117 (353)    
Issue of other equity instruments 755 (6)       (6) 761  
Repurchases and redemptions of other equity instruments (1,118) 19       19 (1,137)  
Movement in treasury shares 3 3       3    
Value of employee services 102 102       102    
Total transactions with owners (1,567) (945) (114) [6] 16 [6] 117 (964) (594) (28)
Realised gains and losses on FVOCI equity shares 0 0     (105) 105    
Ending balance at Dec. 31, 2025 [8] 47,867 41,721 5,889 [6],[9] 18,797 [6],[9] 10,744 6,291 5,947 199
Comprehensive income                
Profit for the period 3,123 2,836       2,836 229 58
Other comprehensive income                
Post-retirement defined benefit scheme remeasurements, net of tax 66 66       66    
Movements in revaluation reserve in respect of FVOCI assets, net of tax:                
Debt securities 103 103     103      
Equity shares 0              
Gains and losses attributable to own credit risk, net of tax (3) (3)       (3)    
Movements in cash flow hedge reserve, net of tax (408) (408)     (408)      
Movements in foreign currency translation reserve, net of tax (19) (19)     (19)      
Total other comprehensive (loss) income for the period, net of tax (261) (261)     (324) 63    
Total comprehensive income for the period [3] 2,862 2,575     (324) 2,899 229 58
Transactions with owners                
Dividends (note 17) (1,452) (1,420)       (1,420)   (32)
Distributions on other equity instruments (229)           (229)  
Issue of ordinary shares 114 114 56 [9] 58 [9]        
Share buyback [10] (1,756) (1,756) (118) [9]   118 (1,756)    
Repurchases and redemptions of other equity instruments (378) 18       18 (396)  
Movement in treasury shares 94 94       94    
Value of employee services 115 115       115    
Total transactions with owners (3,492) (2,835) (62) [9] 58 [9] 118 (2,949) (625) (32)
Realised gains and losses on FVOCI equity shares 0              
Ending balance at Jun. 30, 2026 [11] £ 47,237 £ 41,461 £ 5,827 [9] £ 18,855 [9] £ 10,538 £ 6,241 £ 5,551 £ 225
[1] Share capital and share premium, previously presented in aggregate, are shown separately. Comparatives have been
represented on a consistent basis.
[2] 1Current tax and deferred tax impacts, previously shown in aggregate for each reserve, are now presented alongside each line
item. Comparatives are represented on a consistent basis.
[3] Total comprehensive income attributable to owners of the parent was £2,804 million.
[4] Contained a close period accrual of £622 million.
[5] Total equity attributable to owners of the parent was £46,717 million
[6] Share capital and share premium, previously presented in aggregate, are shown separately. Comparatives have been
represented on a consistent basis.
[7] Total comprehensive income attributable to owners of the parent was £2,490 million.
[8] Total equity attributable to owners of the parent was £47,668 million.
[9] Share capital and share premium, previously presented in aggregate, are shown separately. Comparatives have been
represented on a consistent basis.
[10] Contains a closed period accrual of £580 million.
[11] Total equity attributable to owners of the parent was £47,012 million.