v3.26.1
Group Statement of Changes in Equity - GBP (£)
£ in Millions
Total
Share capital
Share premium, capital redemption and merger reserves
Other reserves
Retained earnings
Total attributable to owners of parent
Perpetual hybrid bonds
Non-controlling interests
Beginning balance at Dec. 31, 2024 £ 49,995 £ 585 £ 26,665 £ (902) £ 21,610 £ 47,958 £ 1,685 £ 352
Total comprehensive income for the period, net of tax 304     (4,160) 4,439 279   25
Profit for the period 4,565       4,512 4,512   53
Other comprehensive income/(expense) for the period (4,261)     (4,160) (73) (4,233)   (28)
Other changes in equity                
Cash flow hedges reclassified and reported in total assets 5     5   5    
Employee share options                
value of employee services 35       35 35    
proceeds from new shares issued 1   1     1    
treasury shares used for share option schemes 0   1   (1)      
Dividends and other appropriations                
ordinary shares (2,609)       (2,609) (2,609)    
to non-controlling interests (74)             (74)
Purchase of own shares                
held in employee share ownership trusts (61)       (61) (61)    
share buy-back programme and cancelled shares (450) (4) 4   (450) (450)    
Perpetual hybrid bonds                
Other movements 31       31 31    
Ending balance at Jun. 30, 2025 47,177 581 26,671 (5,057) 22,994 45,189 1,685 303
Beginning balance at Dec. 31, 2025 48,145 577 26,675 (4,148) 22,929 46,033 1,893 219
Total comprehensive income for the period, net of tax 3,798     553 3,205 3,758   40
Profit for the period 3,228       3,190 3,190   38
Other comprehensive income/(expense) for the period 570     553 15 568   2
Other changes in equity                
Cash flow hedges reclassified and reported in total assets 17     17   17    
Employee share options                
value of employee services 41       41 41    
proceeds from new shares issued 3   3     3    
treasury shares used for share option schemes 0              
Dividends and other appropriations                
ordinary shares (2,634)       (2,634) (2,634)    
to non-controlling interests (76)             (76)
Purchase of own shares                
held in employee share ownership trusts (102)       (102) (102)    
share buy-back programme and cancelled shares (649) (4) 4   (649) (649)    
Perpetual hybrid bonds                
coupons paid (6)       (6) (6)    
tax on coupons paid 1       1 1    
Non-controlling interests - disposals 33             33
Other movements non-controlling interests 0              
Reclassification of equity relating to assets held-for-sale 0              
Other movements 24       24 24    
Ending balance at Jun. 30, 2026 £ 48,595 £ 573 £ 26,682 £ (3,578) £ 22,809 £ 46,486 £ 1,893 £ 216