v3.26.1
Condensed Consolidated Cash Flow Statement (Unaudited) - GBP (£)
£ in Millions
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities    
Profit before tax £ 517 £ 746
Adjustments for:    
Non-cash items included in profit 926 440
Change in operating assets 4,573 (2,252)
Change in operating liabilities (198) (124)
Corporation taxes paid (193) (23)
Effects of exchange rate differences (5) (781)
Net cash flows from operating activities 5,620 (1,994)
Cash flows from investing activities    
Purchase of property, plant and equipment and intangible assets (251) (205)
Proceeds from sale of property, plant and equipment and intangible assets 95 96
Purchase of financial assets at amortised cost and financial assets at FVOCI (296) (1,430)
Proceeds from sale and redemption of financial assets at amortised cost and financial assets at FVOCI 346 2,832
Net cash flow from acquisition of TSB Banking Group plc (277) 0
Net cash flows from investing activities (383) 1,293
Cash flows from financing activities    
Issue of ordinary share capital 1,600 0
Issue of other equity instruments 410 500
Issue of debt securities and subordinated notes 6,235 6,859
Issuance costs of debt securities and subordinated notes (15) (14)
Repayment of debt securities and subordinated notes (4,590) (1,565)
Repurchase of other equity instruments (210) (500)
Dividends paid on preference shares and other equity instruments (73) (67)
Principal elements of lease payments (9) (12)
Net cash flows from financing activities 3,348 5,201
Change in cash and cash equivalents 8,585 4,500
Cash and cash equivalents at beginning of the year 28,738 29,181
Effects of exchange rate changes on cash and cash equivalents 1 (28)
Cash and cash equivalents at the end of the period 37,324 33,653
Cash and cash equivalents consist of:    
Cash and balances at central banks 38,253 34,201
Less: restricted balances (2,090) (1,420)
Cash and bank balances at central banks less regulatory minimum cash balances 36,163 32,781
Other cash equivalents: Loans and advances to banks - non-trading 1,161 872
Cash and cash equivalents at the end of the period £ 37,324 £ 33,653