v3.26.1
Group - Statement of Changes in Equity - USD ($)
$ in Millions
Total
Total
Share capital and premium
Reorganisation reserve
Other 
capital reserves
(Accumulated losses) Retained earnings
Fair value through OCI
Actuarial (losses) gains
Foreign currency translation reserve
[1]
Non-controlling interests
Equity at beginning of period at Dec. 31, 2024 $ 8,513 $ 6,629 $ 526 $ 8,811 $ 80 $ (1,316) $ 19 $ 1 $ (1,492) $ 1,884
Comprehensive income [abstract]                    
Profit for the period 1,348 1,112       1,112       236
Other comprehensive income 70 70         28 1 41  
Total comprehensive income for the period, net of tax 1,418 1,182       1,112 28 1 41 236
Employee share scheme issues 0 0 23   (23)          
Employee settled share-based payments 16 16     16          
Dividends paid (411) (411)       (411)        
Distributions paid to non-controlling interests (245)                 (245)
Equity at end of period at Jun. 30, 2025 9,291 7,416 549 8,811 73 (615) 47 2 (1,451) 1,875
Equity at beginning of period at Dec. 31, 2025 9,916 8,091 554 8,811 92 76 2 (1) (1,443) 1,825
Comprehensive income [abstract]                    
Profit for the period 2,654 2,283       2,283       371
Other comprehensive income 13 13         (14) 27  
Total comprehensive income for the period, net of tax 2,667 2,296       2,283 (14) 0 27 371
Employee share scheme issues 0   17   (17)          
Employee settled share-based payments 26 26     26          
Dividends paid (1,456) (1,456)       (1,456)        
Distributions paid to non-controlling interests (413)                 (413)
Transfer from reserve to retained earnings 0 0       (1) 1      
Equity at end of period at Jun. 30, 2026 $ 10,740 $ 8,957 $ 571 $ 8,811 $ 101 $ 902 $ (11) $ (1) $ (1,416) $ 1,783
[1] Foreign currency translation reserve includes a loss of $1,411m (December 2025: $1,411m; June 2025: $1,411m) that will not re-cycle through the income
statement, and a loss of $5m (December 2025: $32m; June 2025: $40m) relating to foreign operations that will re-cycle through the income statement on disposal.