Barclays Ban

k PLC

BaResu

arclayults A

31 D

ys BaAnnou

December 2

nk PLuncem

2014

LC ment

Barclays Ban

Table of C

Results A

Basis of Prepa

Statement of

Condensed C

Condensed C

Condensed C

Condensed C

Condensed C

Financial Stat

Appendix

Barclays PLC

k PLC

Contents

nnouncem

aration

f Directors’ Res

Consolidated In

Consolidated St

Consolidated B

Consolidated St

Consolidated C

tement Notes

x

Results Annou

BARCLAYS BANK PL

ment

sponsibilities

ncome Statem

tatement of Pr

alance Sheet

tatement of Ch

Cash Flow State

uncement

LC, 1 CHURCHILL PLA

ent

rofit or Loss an

hanges in Equ

ement

ACE, LONDON, E14 5H

nd other Comp

uity

HP, UNITED KINGDOM

prehensive Inc

M. TELEPHONE: +44 (

come

(0) 20 7116 1000. COOMPANY NO. 102616

Page

1

2

3

4

5

6

7

8

9

67

e

2

3

4

5

6

7

8

9

Barclays Ban

Notes The term Barclatogether with itstatement analyDecember 2014Pounds SterlingThe comparativOffice results uhttp://www.baroffsetting amenReferences throprovision of £1,to Foreign ExchaAdjusted profit comparing busbusiness perforProtection Insurongoing investigand Local Authexcluding these Relevant terms Standards (IFRSThis results annshould be read ibeen prepared iBoard of Directoaccounts for thePLC and Barclayunqualified audAct 2006) will bThese results wForm 6-K will ahttp://www.secBarclays is a freConsistent withthese results an

Forward-lThis document amended, and Sexpectations relof future performstatements can such as ‘may’, ‘words of similaposition, incomdividends (incluand revised cobusinesses withand other statefuture events anevolving practicproceedings andgeopolitical riskand other regulaEurozone and gchanges in intesecurities; volatimpact of EU another strategic tdividend paymelooking statemeended 31 DecemDecember 2014Any forward-looupdated in the lthe London Stoupdates or revischange in evendisclosures thathas filed or may

k PLC

ays or Group refets subsidiaries. Thysis compares th4 with comparativ respectively; and

ves have been resunder the reviserclays.com/barcl

ndments to IAS 32oughout this Res250m held as at ange. before tax, adjustiness performan

rmance. Items exrance and claimsgations and litiga

hority (ESHLA) v items. The reco that are used i

S) are explained inouncement has bin conjunction win accordance witors on 2 March 2e year ended 31 Dys Bank PLC pursit report under Se

be delivered to thewill be furnished aalso be available c.gov. equent issuer in

h its usual practicd other matters r

looking sta contains certainSection 27A of tlating to its futurmance and that a be identified by t‘will’, ‘seek’, ‘conar meaning. Exame growth, assets

uding dividend pammitments and

hin Barclays Non-ments that are nnd circumstance

ces with regard tod regulatory inve

ks and the impactatory rules (inclu

global macroeconerest rates and fotility in capital mnd US sanctions transactions. A nents, and capital ents. Additional rimber 2013, whic4, which is availaboking statementsight of new infor

ock Exchange plcsions to any forwnts, conditions ot Barclays has may file with the SEC

ers to Barclays PLhe term ‘The Groe year ended 31 ves relating to 31d the abbreviationstated to reflect d business strucays-investor-rela2, Financial Instruults Announcem 31 December 20

ted attributable pce between per

xcluded from thes management cation relating to Fvaluation revisionnciliation of adjun this documentn the Results glosbeen prepared inith the annual finth IFRS as adopte015 does not comDecember 2014, uant to the rules ection 495 of thee Registrar of Com

as a Form 6-K to from the Barclay

the debt capitalce, Barclays experelating to the Gr

atements n forward-lookinhe US Securities

re financial condiactual results couthe fact that they

ntinue’, ‘aim’, ‘anmples of forwars, impairment chay-out ratios), pr targets in connCore, estimates o

not historical faces. These may beo the interpretatioestigations, futuret of competition. uding with regardnomic and businoreign exchange

markets; changes on Russia; the imumber of these iand leverage ratisks and factors a

ch are available oble on the Barclays made herein sprmation or futurec (the LSE) or a

ward-looking stateor circumstancesade or may make

C, including the 20

LC together with oup’ refers to Bar December 20141 December 2013ns ‘$m’ and ‘$bn’the implementatcture. These res

ations/results-anduments: Presentaent to ‘provision

014 for certain as

profit and adjusteiods. Adjusting ie adjusted measucosts (PPI) and inForeign Exchangn. As managemested to statutory t but are not dessary that can be accordance withancial statement

ed by the Europeamprise statutory awhich include ce of the US Securit Companies Act 2mpanies in accorthe SEC as soon ys Investor Relat

markets and reects that from timoup.

g statements wit Act of 1933, as tion and perform

uld differ materiay do not relate onticipate’, ‘target’,d-looking statemarges and provis

rojected levels ofnection with theof capital expendt. By their nature

e affected by chaon and applicatioe levels of condu In addition, factod to the future strness conditions; t rates; effects of in credit ratings

mplementation ofnfluences and faios may differ m

are identified in oon the SEC’s webys Investor Relatioeak only as of th

e events. Except applicable law, Baements containes on which any e in documents it014 20-F.

its subsidiaries arclays Bank PLC t4 to the correspo3. The abbreviati’ represent milliotion of the Groupstatements were d-reports. Balanc

ation. ns for ongoing inspects of ongoin

ed performance mitems are considures are: the impnterest rate hedge; loss on annouent reviews adju performance is defined under app accessed at www

h the Disclosure ats for the year endan Union. The infaccounts within t

ertain informationties and Exchang2006 (which doerdance with Secti as practicable fotions website ww

egularly meets wme to time over

thin the meanin amended, with

mance. Barclays clly from those conly to historical o, ‘projected’, ‘exp

ments include, asions, business sf growth in the be Transform Proditures and plans e, forward-lookin

anges in legislatioon of accounting uct provisions, thors including (buructure of the Grthe effects of co

f changes in valus of the Group; tf the Transform

actors are beyondmaterially from thour filings with thbsite at http://wwons website at w

he date they are mas required by thearclays expressly

ed herein to reflec such statementt has published o

and the term Barctogether with its nding twelve moons ‘£m’ and ‘£bns and thousandp structure chan detailed in ource sheet compara

nvestigations andg investigations

metrics have beendered to be signpact of own credging redress; gainnced sale of the

usting items at adone at a Group lplicable regulatow.Barclays.com/and Transparencyded 31 Decembeformation in this the meaning of S

n required for thee Commission (S

es not make any son 441 of the Co

ollowing their pubww.barclays.com

with investors via the coming quar

g of Section 21Erespect to certai

cautions readers tontained in the foor current facts. Fpect’, ‘estimate’, mong others, st

strategy, capital, banking and finanogramme and G and objectives fong statements inon, the developm and regulatory se policies and act not limited to) t

roup) applicable tontinued volatilityuation of credit mhe potential for Programme; and

d the Group’s cone plans, goals, ane SEC including o

ww.sec.gov; and www.barclays.commade and it shoue Prudential Reguy disclaims any oct any change in t is based. The or may publish v

clays Bank PLC Gsubsidiaries. Unl

onths of 2013 anbn’ represent millis of millions of Uges and the reall announcement ative figures have

d litigation relatininvolving certain

n presented to prnificant but not dit; goodwill impn on US LehmanSpanish business

a Group level, reevel only. ry guidance or Iresults. y Rules of the Finr 2014 included iannouncement, w

Section 434 of the Joint Annual Rep

SEC) (2014 20-F) statements undermpanies Act 200

blication. Once fu/investorrelation

formal road shorter it will meet w

E of the US Secuin of the Group’sthat no forward-rward-looking storward-looking s‘intend’, ‘plan’, ‘gatements regardleverage and othncial markets, prroup Strategy U

or future operatiovolve risk and un

ment of standardstandards, the out

ctions of governmthe following mato past, current ay in credit marke

market exposuresone or more cou

d the success of fntrol. As a result, nd expectations sour Annual Reporin our Annual Re

m/investorrelationuld not be assumeulation Authority,obligation or und Barclays’ expectareader should, hia the Regulatory

Group refers to Baless otherwise std balance sheet ions and thousan

US Dollars respectlocation of eleme on 10 July 201e also been resta

ng to Foreign Exc authorities and

rovide a more corepresentative o

pairment; provision acquisition asses; and Education

esults by busines

International Fin

nancial Conduct Ain the Annual Repwhich was approe Companies Actport on Form 20- and which contar Section 498 of t06. urnished to the Sns and from the

ows and other awith investors gl

urities Exchange s plans and its c-looking statemetatements. Thesestatements somegoal’, ‘believe’, ‘a

ding the Group’sher regulatory rarojected costs or Update, run-dowons, projected emncertainty becaus and interpretat

utcome of currentmental and regulaay have an effect:and future periodets; market relats; changes in vauntries exiting thfuture acquisition the Group’s actuset forth in the Grt on Form 20-F feport for the fiscns. ed that they have, the Financial Codertaking to reletations with regahowever, consuly News Service o

arclays Bank PLCated, the incomeanalysis as at 31

nds of millions oftively. ents of the Head14, accessible atated to adopt the

change’ means alitigation relating

nsistent basis forf the underlyingons for Paymentets; provision for

n, Social Housing,ss are presented

ancial Reporting

Authority and port, which have

oved by the t 2006. Statutory -F of Barclays ain an the Companies

EC, copies of theSEC’s website at

ad hoc meetings.obally to discuss

Act of 1934, asurrent goals andnt is a guarantee

e forward-lookingetimes use wordsachieve’ or others future financiaatios, payment of savings, original

wn of assets andmployee numbersuse they relate totions under IFRS,t and future legalatory authorities, capital, leverage

ds; UK, US, Africa,ted risks such asluation of issuedhe Eurozone; thens, disposals andual future results,Group’s forward-for the fiscal yearal year ended 31

e been revised oronduct Authority,ease publicly anyrd thereto or anylt any additional

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k PLC Contingk PLC has in iss the consolida case they are

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s are containerisk exposures

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ence Share ExcBank PLC prefexchange of tho issuances of

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ence Share RedBank PLC prefn of the preferdance with cahe preference preference shCI for Barclays

gent Capital Nssue two serieated CRD IV C

e cancelled froa similar note w

nstruments d

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ellation featurenote recogniseover time.

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ed in the Barcs and busines

bsidiary of BarcGroup and Barorting differenes in funding s

clays PLC £m

Ba

-

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6,391

(84)

394

change and Reerence shares wose preferenceBarclays PLC 1.2bn, €1.1bnash, funded fr

nies Act 2006, nt exchange rtements of Ba

demption ference shareserence sharesapital mainten share capitalares are preses PLC.

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iffers between

ance, the cancs, Barclays Ba

e although it ped was higher

ce, the cancella valued from tThe initial fairderivative and

1

clays PLC Ress performance

clays PLC, whicrclays PLC Gronces between Bstructures. The

arclays Bank PLC£m

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485

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epurchase with a total bo

e shares (togetFixed Rate Re

n and £0.7bn. rom retained e a Capital Rederates was estaarclays PLC, th

s with a total bs by Barclays ance rules in tl nominal tran

ented as NCI in

nt capital noteSA October 20dated perspecsk.

n the consolida

cellation is effeank PLC remaipays a higher r than par. The

ation is directlthe host liabilitr value of the

d the difference

sults Announce, which are m

ch is the Grouup are fundamBarclays Bank e significant di

C m

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6 Preference Bank PLC aBank PLC, athe financia

5

1

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4 Arising fromor Barclays

ook value of £ther with subosetting Perpet Upon compleearnings, at a emption Reserblished in Barc

he exchange r

book value of Bank PLC at the Companiesnslated at cur

n the financial

es (CCNs). The012 transitionactive. The coup

ated financial

ected by an auins liable to Ba than market e difference be

ly effected in Bty as an embee host liability e is amortised

ement for thematerially the

p’s ultimate pamentally the sa PLC and Barclifferences are

ason for differen

shares and capare included wiand presented a

al statements of

LC shares held fmes and for tradnvestments an

y within Barclaese treasury shar

m the redemptioBank PLC shares

1.5bn were reprdinated debt tual Subordinaetion of the efair value of £ve (CRR) of £1clays Bank PLCesulted in a re

£0.7bn were a fair value os Act 2006, a Crrent exchangstatements of

ese both pay ial statement). pon payable o

statements of

utomatic legal arclays PLC. Brate for a simetween fair va

Barclays Bank dded derivativ recognised wto the income

e year ended same as thos

arent companyame as the onlylays PLC are ddescribed belo

nce

pital notes issuithin share capas non-controll Barclays PLC Gr

for the purposeding are recognisnd trading poays Bank PLC. res from shareh

on or exchange oes respectively.

purchased by instruments wated Contingeexercise, Barcl£1.7bn. In acc16m equal to tC. As the prefeduction in NC

redeemed onof £0.8bn wasCapital Redem

ge rates was f Barclays PLC,

interest and p of Barclays P

on the CCNs is

f Barclays PLC

transfer fromBarclays Bank

milar note, andalue and par is

PLC. For Barclve with changewas higher thae statement ov

31 Decemberse for Barclays

y. The y difference is riven by the ow.

ed by Barclays ital in Barclays ing interests in roup.

es of employee sed as available ortfolio assets Barclays PLC olders’ equity.

of Barclays PLC

Barclays Bankwith a nominalnt Convertibleays Bank PLCcordance withthe preferenceference sharesCI for Barclays

their first calls funded from

mption Reserveestablished in the exchange

rincipal to theLC falls below higher than a

C and Barclays

m the holder toPLC does not therefore the

s amortised to

ays Bank PLC,es in fair valuean par by the

ver time.

r s

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Statemen

Barclays Ban

Each of the D

to the besbeen prepliabilities, taken as financial s

to the bedevelopmconsolida

Signed on beh

Antony JenkiGroup Chief E

Barclays Bank Chairman Sir David Wal

t of Direct

k PLC

Directors (the n

st of their knopared in accor financial posia whole. The

statements for

est of their knoment and perfoation taken as a

half of the Boa

ns Executive

k PLC Board of

lker

ors’ Respo

names of whom

owledge, the cordance with thtion and profie condensed cr the year ende

owledge, the ormance of thea whole, toget

ard by

Date

f Directors:

ExecutivAntony JTushar M

onsibilities

m are set out b

ondensed conhe IFRSs as adot or loss of Baconsolidated fed 31 Decemb

management e business andther with a des

ve Directors Jenkins (GroupMorzaria (Grou

2

below) confirm

nsolidated finaopted by the Earclays Bank Pfinancial state

ber 2014 includ

information (d the positionscription of the

p Chief Executup Finance Dir

m that:

ncial statemenEuropean Unio

PLC and the unments shouldded in the Barc

(set out on pa of the Compae principal risk

Tushar MGroup F

ive) rector)

NonMikTimCrawReuWenJohnDamFritsSir MDianSir JStep

nts (set out onon, give a truendertakings in

d be read in coclays Bank PLC

ages 3 to 8) inany and the u

ks and uncerta

Morzaria inance Directo

n-executive Dike Ashley

m Breedon CBE wford Gillies

uben Jeffery III ndy Lucas-Buln McFarlane mbisa Moyo s van PaasscheMichael Rake ne de Saint Vicohn Sunderlan

phen Thieke

n pages 3 to 8e and fair viewncluded in the onjunction wi

C Annual Repo

ncludes a fair undertakings ininties that the

Date or

irectors

l

en ctor nd

8), which havew of the assets,

consolidationth the annual

ort; and

review of thencluded in they face.

e ,

n l

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Condense

Barclays Ban

Condense Continuing Op

Net interest incNet fee and comNet trading incNet investmentNet premiums Other income Total income Net claims andTotal income nCredit impairmNet operating Staff costs

AdministrationOperating exp (Loss) on dispoProfit before taTax Profit after tax Attributable toEquity holders Non-controllingProfit after tax

1 For notes sp

Announcem2 Net investme

ed Consolid

k PLC

ed Consolid

perations

come mmission incom

come t income2 from insurance

d benefits incurrenet of insurance

ment charges andincome

n and general exenses

osal of undertakax

x

o:

of the parent

g interests x

pecific to Barclaysment.

ent income include

dated Fina

dated Inco

me

contracts

ed on insurancee claims d other provision

penses

kings and share o

s Bank PLC see p

es the £461m gain

ancial State

ome Statem

contracts

ns

of results of asso

page 8 and for th

n on US Lehman ac

ements

3

ment (audit

ociates and joint

hose that also rela

cquisition assets.

ted)

t ventures

ate to Barclays P

Notes1

1

LC see pages 39

Year Ended

31.12.14

£m

12,138

8,188

3,310

1,328

669

182

25,815 (480)

25,335 (2,168)

23,167

(11,005)

(9,418)

(20,423)

(435)

2,309 (1,455)

854

528

326

854

to 46 in the Bar

Year Ended 31.12.13

£m 11,653

8,752 6,548

680 732

98 28,463

(509) 27,954 (3,071) 24,883

(12,155) (9,819)

(21,974)

(24) 2,885

(1,577) 1,308

963 345

1,308

rclays PLC Resultss

Condense

Barclays Ban

Condense(audited)

Continuing Op Profit after tax Other comprehCurrency transAvailable for saCash flow hedgOther Total compreh Other comprehRetirement ben Other compreh Total compreh Attributable toEquity holders Non-controllingTotal compreh

1 For notes sp

Announcem

ed Consolid

k PLC

ed Consolid

perations

x

hensive incomelation reserve

ale reserve ge reserve

hensive income/

hensive incomenefit remeasurem

hensive income

hensive income/

o:

of the parent

g interests hensive income/

pecific to Barclaysment.

dated Fina

dated State

e/(loss) that ma

/(loss) that may

e/(loss) not recyments

e/(loss) for the p

/(loss) for the p

/(loss) for the p

s Bank PLC see p

ancial State

ement of P

ay be recycled to

y be recycled to

ycled to profit o

period

period

period

page 8 and for th

ements

4

Profit or Lo

o profit or loss:

o profit or loss

or loss:

hose that also rela

oss and oth

 

ate to Barclays P

her Compr

Notes1

1

LC see pages 39

rehensive I

Year Ended 

31.12.14

£m

854

486

426

1,540

(19)

2,433

205

2,638

3,492

3,245

247

3,492

to 46 in the Bar

ncome

Year Ended 31.12.13

£m 1,308

(1,767) (378)

(1,890) (37)

(4,072)

(515)

(4,587)

(3,279)

(2,979) (300)

(3,279)

rclays PLC Resultss

Condense

Barclays Ban

Condense Assets Cash and balanItems in the coTrading portfolFinancial assetsDerivative finanAvailable for saLoans and advaLoans and advaReverse repurcCurrent tax assDeferred tax asPrepayments, aInvestments in Goodwill Intangible asseProperty, plantRetirement benTotal assets Liabilities

Deposits from Items in the coCustomer accoRepurchase agTrading portfolFinancial liabilitDerivative finanDebt securitiesAccruals, deferCurrent tax liabDeferred tax liaSubordinated lProvisions Retirement benTotal liabilities Equity

Called up shareOther reserves Retained earninShareholders' Other equity inTotal equity exNon-controllingTotal equity Total liabilities

1 For notes sp

Announcem

ed Consolid

k PLC

ed Consolid

nces at central burse of collectiolio assets s designated at ncial instrumentale financial inveances to banks ances to custom

chase agreementsets ssets accrued income associates and

ets t and equipmentnefit assets

banks

urse of collectioounts reements and olio liabilities ties designated ncial instruments in issue rred income andbilities abilities iabilities

nefit liabilities s

e capital and sha ngs equity attributa

nstruments xcluding non-cog interests

s and equity

pecific to Barclaysment.

dated Fina

dated Bala

banks on from other ba

fair value ts estments

mers ts and other sim

and other asset joint ventures

t

on due to other b

other similar secu

at fair value ts

d other liabilities

are premium

able to ordinary

ontrolling intere

s Bank PLC see p

ancial State

ance Sheet

anks

milar secured len

ts

banks

ured borrowing

shareholders o

ests

page 8 and for th

ements

5

(audited)

nding

of the parent

hose that also rela

ate to Barclays P

Notes1

3

4

1

LC see pages 39

As at 31.12.14

1 £m 39,695 1,210 114,755 38,300 440,076 86,105 42,657 427,767 131,753 334 4,130 19,178 711 4,887 3,293 3,786 56 1,358,693

58,390 1,177 427,868 124,479 45,124 56,972 439,320 86,099 24,547 1,023 255 21,685 4,135 1,574 1,292,648

3 14,472 2,322 42,650 59,444

4 4,350 63,794

2,251 66,045

1,358,693

to 46 in the Bar

t As at 4 31.12.13

m £m 45,687 1,282 133,089 38,968 350,460 91,788 39,822 434,237 186,779 181 4,807 4,414 653 4,878 2,807 4,216 133 1,344,201

55,615 1,359 432,032 196,748 53,464 64,796 347,118 86,693

7 13,673 1,042 348 22,249 3,886 1,958 1,280,981

14,494 (233) 44,670 58,931 2,078 61,009 2,211 63,220

1,344,201

rclays PLC Resultss

Condense

Barclays Ban

Condense

Year Ended 31Balance at 1 JaProfit after tax Other comprehperiod Buyback and isRedemption ofCoupons paid oEquity settled sVesting of Barcpayment schemDividends paidDividends on pshareholders' eCapital contribOther reserve mBalance at 31 D Year Ended 31Balance at 1 JaProfit after tax Other comprehperiod Issue of other eEquity settled sVesting of Barcpayment schemDividends paidDividends on pshareholders' eRedemption ofCapital contribOther reserve mBalance at 31 D 1 Details of Sh2 Details of No

ed Consolid

k PLC

ed Consolid

.12.14 anuary 2014 hensive profit aft

ssue of equity inf preference shaon other equity share schemes clays PLC sharesmes

preference shareequity ution from Barcmovements December 2014

.12.13

anuary 2013

hensive profit aft

equity instrumenshare schemes clays PLC sharesmes

preference shareequity f capital instrumution from Barcmovements December 2013

hare Capital and Oon-controlling Inte

dated Fina

dated State

fter tax for the

struments res instruments

s under share-ba

es and other

lays PLC

4

fter tax for the

nts

s under share-ba

es and other

ents lays PLC

3

Other Equity Instrumerests are shown o

ancial State

ement of C Called up

CapiShare Pre

1

ased

1

1

ased

1

ments are shown on page 8.

ements

6

Changes in

p Share ital and

emium1

Other Instrum

£m 14,494

-

-

(15) (7)

- -

-

-

-

- -

14,472

14,494 -

-

- -

-

-

-

- - -

14,494

on page 8.

n Equity (au

Equity ments1

OthReserv

£m £2,078 (23

250

- 2,53

2,272 1-

(250)

-

-

-

-

- -

4,350 2,32

- 3,32-

- (3,40

2,078

-

-

-

-

- (10- - (6

2,078 (23

udited)

her es

Retained Earnings

£m £m

3) 44,670 - 278

31 186

6 (1,683)

8 (792)

- 54 - 693

- (866)

- (821)

- (441)

- 1,412

- (40)

22 42,650

29 39,244 - 963

02) (540)

- - - 689

- (1,047)

- (734)

- (471)

00) - - 6,553

60) 13

3) 44,670

Total

conInt

£m 61,009 528

2,717

590 (791) (196) 693

(866)

(821)

(441)

1,412 (40) 63,794

57,067 963

(3,942)

2,078 689

(1,047)

(734)

(471)

(100) 6,553 (47) 61,009

Non-ntrolling terests2

TotEqui

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326 85

(79) 2,63

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(190) (1,01

- (44

- 1,41(17) (5

2,251 66,04

2,856 59,92345 1,30

(645) (4,58

- 2,07- 68

- (1,04

(342) (1,07

- (47

- (10- 6,55

(3) (52,211 63,22

tal

ity £m

20 54

38

90

91)

96)

93

66)

1)

41)

12

57)

45

23 08

87)

78

89

47)

76)

71)

00)

53

50)

20

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78,479

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81,754

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1. Non Barclays AfricaOther non-con

Total

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nts

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Bank PLC, com

,000 (2013: 1,930 (2013: 75

each; and 237

ties issued by d Rate Resett

ngent ConvertiAT1 securities w

and £607m ofd by B PLC (Thtruments were

a fair value of panies Act 20 current excha

y as AT1 instr

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734

mprised 2,342

,000) Sterling5,000) Sterlingmillion (2013:

Barclays Bankting Perpetual

ible Securities,were issued tof subordinatedhe Group AT1e cancelled by£1,683m was

006, a Capitalange rates was

uments under

2

g g :

k l

, o d

y s l s

r

Appendix

Barclays Ban

x: Barclays

k PLC

PLC Results Announ

Inte

ncement

9

entionally left b

blank

Barclays Ban

k PLC

Resu

Barcults A

31 D

10

clays Annou

December 2

PLC uncem

2014

ment

Table of C

Barclays PLC

Results A

Performance

Group Chief E

Group Financ

Results by Bu

Personal a

Barclayca

Africa Ban

Investmen

Head Offi

Barclays N

Quarterly Res

Performance

Returns a

Margins a

Remunera

Risk Manage

Funding R

Funding R

Credit Ris

Statement of

Condensed C

Financial Stat

Shareholder I

Contents

C

nnouncem

Highlights

Executive Offic

ce Director’s R

usiness

and Corporate

ard

nking

nt Bank

ce

Non-Core

sults Summary

e Management

and equity by b

and balances

ation

ement

Risk – Liquidity

Risk – Capital

sk

f Directors’ Res

Consolidated Fi

tement Notes

Information

BARCLAYS PLC,

ment

cer’s Review

eview

e Banking

y

t

business

y

sponsibilities

inancial Statem

1 CHURCHILL PLACE

ments

E, LONDON, E14 5HP

11

P, UNITED KINGDOM.

TELEPHONE: +44 (0)

) 20 7116 1000. COM

MPANY NO. 48839

Page

4-6

7

8-11

12-13

14

15-16

17-19

20

21-22

23-24

25-26

27

28-29

30-32

33-36

37

38

39-42

43-46

47

e

6

7

3

4

6

9

0

2

4

6

7

9

2

6

7

8

2

6

7

Barclays PLC

Notes The term Barclathe year endedcomparatives rerespectively; andThe comparativOffice results uhttp://www.baroffsetting amenReferences throprovision of £1,to Foreign ExchaAdjusted profit comparing busbusiness perforProtection Insurongoing investigand Local Authexcluding these Relevant terms Standards (IFRSThis results annshould be read ibeen prepared iBoard of Directoaccounts for thePLC and Barclayunqualified audAct 2006) will bThese results wForm 6-K will ahttp://www.secBarclays is a freConsistent withthese results an

Forward-lThis document amended, and Sexpectations relof future performstatements can such as ‘may’, ‘words of similaposition, incomdividends (incluand revised cobusinesses withand other statefuture events anevolving practicproceedings andgeopolitical riskand other regulaEurozone and gchanges in intesecurities; volatimpact of EU another strategic tdividend paymelooking statemeended 31 DecemDecember 2014Any forward-looupdated in the lthe London Stoupdates or revischange in evendisclosures thathas filed or may

C

ays or Group refed 31 December 2elating to 31 Ded the abbreviatio

ves have been resunder the reviserclays.com/barcl

ndments to IAS 32oughout this Res250m held as at ange. before tax, adjustiness performan

rmance. Items exrance and claimsgations and litiga

hority (ESHLA) v items. The reco that are used i

S) are explained inouncement has bin conjunction win accordance witors on 2 March 2e year ended 31 Dys Bank PLC pursit report under Se

be delivered to thewill be furnished aalso be available c.gov. equent issuer in

h its usual practicd other matters r

looking sta contains certainSection 27A of tlating to its futurmance and that a be identified by t‘will’, ‘seek’, ‘conar meaning. Exame growth, assets

uding dividend pammitments and

hin Barclays Non-ments that are nnd circumstance

ces with regard tod regulatory inve

ks and the impactatory rules (inclu

global macroeconerest rates and fotility in capital mnd US sanctions transactions. A nents, and capital ents. Additional rimber 2013, whic4, which is availaboking statementsight of new infor

ock Exchange plcsions to any forwnts, conditions ot Barclays has may file with the SEC

ers to Barclays PL2014 to the corcember 2013. Tns ‘$m’ and ‘$bnstated to reflect d business strucays-investor-rela2, Financial Instruults Announcem 31 December 20

ted attributable pce between per

xcluded from thes management cation relating to Fvaluation revisionnciliation of adjun this documentn the Results glosbeen prepared inith the annual finth IFRS as adopte015 does not comDecember 2014, uant to the rules ection 495 of thee Registrar of Com

as a Form 6-K to from the Barclay

the debt capitalce, Barclays experelating to the Gr

atements n forward-lookinhe US Securities

re financial condiactual results couthe fact that they

ntinue’, ‘aim’, ‘anmples of forwars, impairment chay-out ratios), pr targets in connCore, estimates o

not historical faces. These may beo the interpretatioestigations, futuret of competition. uding with regardnomic and businoreign exchange

markets; changes on Russia; the imumber of these iand leverage ratisks and factors a

ch are available oble on the Barclays made herein sprmation or futurec (the LSE) or a

ward-looking stateor circumstancesade or may make

C, including the 20

LC together with rresponding twelhe abbreviations’ represent milliothe implementatcture. These res

ations/results-anduments: Presentaent to ‘provision

014 for certain as

profit and adjusteiods. Adjusting ie adjusted measucosts (PPI) and inForeign Exchangn. As managemested to statutory t but are not dessary that can be accordance withancial statement

ed by the Europeamprise statutory awhich include ce of the US Securit Companies Act 2mpanies in accorthe SEC as soon ys Investor Relat

markets and reects that from timoup.

g statements wit Act of 1933, as tion and perform

uld differ materiay do not relate onticipate’, ‘target’,d-looking statemarges and provis

rojected levels ofnection with theof capital expendt. By their nature

e affected by chaon and applicatioe levels of condu In addition, factod to the future strness conditions; t rates; effects of in credit ratings

mplementation ofnfluences and faios may differ m

are identified in oon the SEC’s webys Investor Relatioeak only as of th

e events. Except applicable law, Baements containes on which any e in documents it014 20-F.

12

its subsidiaries. lve months of 2

s ‘£m’ and ‘£bn’ ons and thousandtion of the Groupstatements were d-reports. Balanc

ation. ns for ongoing inspects of ongoin

ed performance mitems are considures are: the impnterest rate hedge; loss on annouent reviews adju performance is defined under app accessed at www

h the Disclosure ats for the year endan Union. The infaccounts within t

ertain informationties and Exchang2006 (which doerdance with Secti as practicable fotions website ww

egularly meets wme to time over

thin the meanin amended, with

mance. Barclays clly from those conly to historical o, ‘projected’, ‘exp

ments include, asions, business sf growth in the be Transform Proditures and plans e, forward-lookin

anges in legislatioon of accounting uct provisions, thors including (buructure of the Grthe effects of co

f changes in valus of the Group; tf the Transform

actors are beyondmaterially from thour filings with thbsite at http://wwons website at w

he date they are mas required by thearclays expressly

ed herein to reflec such statementt has published o

Unless otherwise2013 and balanc represent millio

ds of millions of Up structure chan detailed in ource sheet compara

nvestigations andg investigations

metrics have beendered to be signpact of own credging redress; gainnced sale of the

usting items at adone at a Group lplicable regulatow.Barclays.com/and Transparencyded 31 Decembeformation in this the meaning of S

n required for thee Commission (S

es not make any son 441 of the Co

ollowing their pubww.barclays.com

with investors via the coming quar

g of Section 21Erespect to certai

cautions readers tontained in the foor current facts. Fpect’, ‘estimate’, mong others, st

strategy, capital, banking and finanogramme and G and objectives fong statements inon, the developm and regulatory se policies and act not limited to) t

roup) applicable tontinued volatilityuation of credit mhe potential for Programme; and

d the Group’s cone plans, goals, ane SEC including o

ww.sec.gov; and www.barclays.commade and it shoue Prudential Reguy disclaims any oct any change in t is based. The or may publish v

e stated, the incoe sheet analysisns and thousand

US Dollars respectges and the reall announcement ative figures have

d litigation relatininvolving certain

n presented to prnificant but not dit; goodwill impn on US LehmanSpanish business

a Group level, reevel only. ry guidance or Iresults. y Rules of the Finr 2014 included iannouncement, w

Section 434 of the Joint Annual Rep

SEC) (2014 20-F) statements undermpanies Act 200

blication. Once fu/investorrelation

formal road shorter it will meet w

E of the US Secuin of the Group’sthat no forward-rward-looking storward-looking s‘intend’, ‘plan’, ‘gatements regardleverage and othncial markets, prroup Strategy U

or future operatiovolve risk and un

ment of standardstandards, the out

ctions of governmthe following mato past, current ay in credit marke

market exposuresone or more cou

d the success of fntrol. As a result, nd expectations sour Annual Reporin our Annual Re

m/investorrelationuld not be assumeulation Authority,obligation or und Barclays’ expectareader should, hia the Regulatory

ome statement ans as at 31 Deceds of millions of tively. location of eleme on 10 July 201e also been resta

ng to Foreign Exc authorities and

rovide a more corepresentative o

pairment; provision acquisition asses; and Education

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ows and other awith investors gl

urities Exchange s plans and its c-looking statemetatements. Thesestatements somegoal’, ‘believe’, ‘a

ding the Group’sher regulatory rarojected costs or Update, run-dowons, projected emncertainty becaus and interpretat

utcome of currentmental and regulaay have an effect:and future periodets; market relats; changes in vauntries exiting thfuture acquisition the Group’s actuset forth in the Grt on Form 20-F feport for the fiscns. ed that they have, the Financial Codertaking to reletations with regahowever, consuly News Service o

nalysis comparesmber 2014 with

f Pounds Sterling

ents of the Head14, accessible atated to adopt the

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nsistent basis forf the underlyingons for Paymentets; provision for

n, Social Housing,ss are presented

ancial Reporting

Authority and port, which have

oved by the t 2006. Statutory -F of Barclays ain an the Companies

EC, copies of theSEC’s website at

ad hoc meetings.obally to discuss

Act of 1934, asurrent goals andnt is a guarantee

e forward-lookingetimes use wordsachieve’ or others future financiaatios, payment of savings, original

wn of assets andmployee numbersuse they relate totions under IFRS,t and future legalatory authorities, capital, leverage

ds; UK, US, Africa,ted risks such asluation of issuedhe Eurozone; thens, disposals andual future results,Group’s forward-for the fiscal yearal year ended 31

e been revised oronduct Authority,ease publicly anyrd thereto or anylt any additional

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Group a£6,682m

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was recognisg in a full ye

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£18,069m t. Operating

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(PCB) and Banses excludinth reported rs on its stratet conditions

0.9% (2013: 1

reducing £3

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ng good proghe sale of thve increased

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arclaycard cong costs to aresults impacegic repositios impacting

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d to 10.3% The improve

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tions and litign Q414

based on an ge of £1,110

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s of £446m lation reserve

profit befor throughou

fore tax incre

savings fromxcluding cost

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ontinued to achieve Transcted by adveoning whilst income. Co

bn. Period e

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updated bes0m in relation

59m)

in Q3 and Qe losses of ap

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easing 3% to

m Transformts to achieve

o £168m and

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nd allocated

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6 Transforme in Q414 toalances and

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arclaycard, Africa B

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14

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12.14 31.12.£m

5,728 27,8,168) (3,0

3,560 24,8,993) (17,7(449) (4(462) (5

,904) (18,6

,165) (1,2,069) (19,8

- 11 (

5,502 4,9,704) (1,9

3,798 2,9(769) (7(250)

2,779 2,1

5.9% 4.5.1% 4.70% 7

46

17.3p 156.5p 6

Foreign Exchang

to exclude the Q2urrent year.

m (2013: £nil) is ofdeducted from pro’ equity.

Core retail.

ed

131 £m % Chang

896 (8071) 2825 (5739) 1441) (2504)

84) 1

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- 88 2

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64

5.3p 6.5p

ge

13 £259m gain rel

ffset by a tax credofit after tax in ord

31.12.ge £8) 25,289 (2,165) 23,120 (15,99

2) (2,808 (46

0 (19,26

4 (1,169 (20,42

(44 1

2 2,253 (1,419 842) (76

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28 33 £1,233

10.3 £41.5 £46.0 £402 3.7

£149 124 89

5,50 3

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lating to assets no

it recorded in reseder to calculate ear

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64) (20,763

65) (1,20929) (21,97246)

11 (2456 2,86811) (1,57145 1,29769) (75750)

74) 540

%) 1.2%%) 1.0%1% 79%46 64

7p) 3.8.5p 6.5

85p 28335p 3313bn n/

3% 9.1%5bn £40.4b0bn £42.7b2bn £442b7% n/

9bn £127b4% 96%9% 91%

02 4,90834 (220

- (7910) (2,00061 25950)

46)

35) 56 2,868

ot yet received fro

erves of £54m (20arnings per share,

3 m % Change 5 (9) ) 29

4 (7) 8) 10

) (15) 4) 8

3) 7

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7 (35) 7) (2) - 0

% % % 4

p p

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/a

% n n n

/a

n % %

8 0) 9) 0) 9 - - - 8

m the US Lehman

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n

t e

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Barclays PLC

Barclays Cofor the year

Total income nCredit impairmNet operating Operating expeLitigation and cUK bank levy

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Africa Banking

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Barclays Core

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nce Highlig

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g expenses

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fter tax g interests

nterests

rofit/(loss)

ce measures

rage tangible equted tangible equ

rage equity2

ted equity (£bn)ocated equity (£batio

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nagement

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rage exposure

business

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p adjusted inco

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nk1

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p adjusted profi

ed income and prto aid comparabilitverage equity andns and Barclays Co

ghts

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d other provision

uity2

uity (£bn)

)

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ibution

ng

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ng

it before tax

rofit before tax havty given its materiad average tangibleore returns. This do

31.1

24ns (2

22(14

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ve been restated tal nature in the cure equity for Barclayoes not represent t

15

Barclays C

12.14 31.12.£m

4,678 25,6,000) (2,1

2,678 23,44,483) (15,8(251) (1(371) (3(953) (6,058) (17,0

62

6,682 6,4,976) (1,7

4,706 4,7(648) (6(194)

3,864 4,0

1.3% 14.£35bn £28

9.2% 11.£42bn £36£45bn £39

65% 624.0p 28

327bn £333956bn

31.1

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241

25

31.1

21

1

6,(1,5,

to exclude the Q2urrent year. ays Non-Core reprethe return on aver

Core

131 £m % Chang

603 (471)

432 (3809)

73) (45395) 671) (42

48) 86 (28

470 754) (13716 638) (2

- 078 (5

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9bn

67% 8.5p

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n/a

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242

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97

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esents its impact rage equity and av

31.12.ge £4) 1,058 (163) 888 (1,51

5) (196 (9

2) (216 (2,018) (53 (1,183) 27

- (902) (12

(55) (1,08

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(4.1% £13 £11

n (6.7

£75 £277

31.12.£

8,724,104,038,59

1425,60

2,2927,89

31.12.£

2,231,181,042,02

(16,47

(1,564,90

lating to assets no

on the Group, beierage tangible equ

Barclays Non-C

.14 31.12.1£m £m50 2,29368) (90082 1,39310) (1,93098) (26891) (10912) (53811) (2,84551) (11080) (1,56272 (20908) (1,77121) (11956)

85) (1,890

%) (9.6%3bn £17b%) (7.2%

3bn £17bbn £15b

n/a n/7p) (13.2p

5bn £110b7bn n/

.13 £m

23 03 39 96 42 03 93 96

.13 £m

33 83 49 20 15) 70 62) 08

ot yet received fro

ing the difference uity of the Non-Co

Core

3 m % Change 3 (54) 0) 81 3 (37) 0) 22 8) 26 9) 17 8) 61 5) 29 0) 54 2) 24 9)

) 49 9) (2) -

0) 43

%) n

%) n n

/a p)

n /a

% Change

16

(9(12

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(54(8

% Change

2913(6

(32

32412

m the US Lehman

between Barclaysre business.

e

6 ) )

0 ) ) )

e

9 3 ) )

3 4 2

n

s

Group Ch

Barclays PLC

“Barclays tod While our woright track. Group adjustbusinesses cencouraging We made goproviding furt On cost, we dGroup adjustfurther reducadvantages a11% excludinCore run-dowto 4.1%. We made subtaking into acin Q4 for onimportant, outargets of gre In terms of dihave a growin Barclays is alsthe first time tied directly tway, in line w We remain foregard the beof colleaguesissues is an improgress in th

So despite outhe Group, to

2015 will be a Antony Jenk

ief Executi

C

day is a stronge

ork in transform

ted profit befcontinue to thperformance i

ood progress ther evidence

delivered signited cost base ctions to comacross all of oung costs to acwn is ahead of

bstantial progrccount the effengoing investiur leverage rateater than 11%

ividends, we dng confidence

so making ste this year. Speto executive a

with our purpos

ocussed on aehaviour at thes and sharehomportant parthis area in 201

ur real progreso continue to im

a year of conti

kins, Group C

ive Officer

er business, w

ming the bank

fore tax increahrive and groin several area

against our Tthat our strate

ficant reductio excluding co

me in 2015, wur businesses. chieve Transfof target, with R

ress in strengthect of the dispgations and ltio increased t

% and 4% resp

declared a cashe in the capital

ady progress oecific measureand staff apprase and values.

ddressing oute centre of theolders that mat of our plan fo5.

ss in 2014, wemprove return

nued delivery

Chief Executi

r’s Review

ith better pros

k is not comple

ased 12% yeaow, Africa Baas of our Invest

Transform 201egy is working

ons in 2014, wsts to achieve

will better pos In our Core brm, tracking w

RWAs reducing

hening our capposal of our Spitigation relatto 3.7%. This

pectively.

h dividend of 6 position of the

on the targetss across Custoaisals and rem

tstanding condse investigatiotters like thesor Barclays an

still have mors across our b

for Barclays.”

ive

16

spects, than at

ete, our perfo

ar on year. Oanking has dtment Bank.

16 targets du.

with operating e Transform. sition Barclay

business, the fwell towards tg by nearly £3

pital position ipanish businesting to Foreigs means we ar

6.5p for 2014 e Group and c

s in our Balancomers and Cli

muneration – e

duct issues, inons as wholly ise continue tond, although it

re work to do.businesses, and

any time sinc

rmance in 201

Our Personal aone well des

uring the year

costs reducinThis achievem

s to grow retuture of Barclathe 12% plus w35bn to £75bn

n 2014. Our fuss completed on Exchange, re now well p

despite the imontinue to targ

ced Scorecard,ents, Colleaguensure that w

ncluding thosencompatible w cast a shado may be diffic

. We are deterd to accelerate

e the financial

14 gives us co

and Corporatepite currency

, notably on

g nearly £1.8bment over theturns and driays, adjusted Rwe are targeti, and its RoE d

ully loaded CETon 2 January 2compared to ositioned to a

mpact of provisget a 40-50%

implementedues, Conduct, Ce are deliverin

e relating to Fwith our valuesw over our buult, I expect th

mined to builde execution of

l crisis.

nfidence that

e Banking any headwinds,

cost, capital,

bn, equivalent e past twelve ive sustainablReturn on Equing for 2016. dilution reduci

T1 ratio impro2015 and a fur 9.1% a year

achieve the Tra

sions for condu payout ratio.

d across the orCitizenship, anng performanc

Foreign Exchas, and I share tusiness. But rehat we will ma

d on the mom our plans.

we are on the

d Barclaycardand we saw

and leverage,

to 10% of themonths, withe competitive

uity was nearlyBarclays Non-ng from 7.2%

oved to 10.5%,rther provision ago. Equallyansform 2016

uct items. We

rganisation fornd Company –ce in the right

ange trading. Ithe frustrationesolving theseake significant

mentum across

e

d w

,

e h e y -

%

, n y 6

e

r – t

I n e t

s

Group Fin

Barclays PLC

Income stGroup perfor Adjusted

partially oreported r

Adjusted net opera

Total adjuincluding Total

reduc Opera

Transf Statutory

net provis£259m), the annou

The effectincreasedinvestigatwrite dow

Adjusted sharehold

Core perform Profit befo

in the Inve Income d

Africa BanQ414 incoMacro, w Net in

growtmovem

Credit imeconomicfrom largecredit imBarclayca

Total opethe businTransformnetwork a

Attributabnon-recurAdditionathe Core r

Non-Core pe Loss befo

Lowerpartia

An imsingle

A 29%lower achiev

The Non-RWAs

nance Direc

C

tatement rmance profit before

offset by a reresults income decrea

ating income tousted operatin a 5% net reducompensationed headcount

ating expensesform were £1 profit before tsion for PPI aa £1,250m prunced sale of ttive tax rate o

d to 62.5% (2tions and litiga

wn of deferred group attribu

ders’ equity to mance ore tax increasestment Bank

decreased 4% tnking due to aome was dowhich were dow

nterest incometh in PCB and ments. This repairment cha

c environmente UK Corporat

mpairment chaard rating expense

nesses, partialm increased inand technologble profit decrrrence of a tax

al Tier 1 (AT1)return on equi

erformance ore tax reducedr income of £lly offset by a

mprovement in e name exposu% reduction in headcount anve Transform o-Core dilution

ctor’s Revi

tax increasededuction in th

ased 8% to £2o £23,560m ng expenses uction in headcn costs decrea, and lower des excluding co,165m (2013: tax was £2,25and interest rarovision for onthe Spanish bun adjusted pro013: 54.8%), ation relating tax assets in S

utable profit w 5.1% (2013: 4

sed 3% to £6,6 and currency to £24,678m,

adverse currenn 7% to £1,66

wn 25% and 14e in PCB, Barc volume growt

esulted in a netrges improvedt, particularly te clients, and arges increase

es decreased 6ly offset by h

n Q414 to £29y improvemen

reased to £3,8x credit, which) instruments ty decreasing

d 24% to £1,18£1,050m (201£119m gain o credit impairm

ures, impairme total operatinnd the results of £212m (201on the Group’

iew

d 12% to £5,5e Investment

25,728m whils

were down 9count, and cursed 8% to £8,

eferred and curosts to achiev £1,209m) 6m (2013: £2ate hedging r

ngoing investigusiness, and a ofit before tax

principally duto Foreign Ex

Spain was £2,779m (4.1%)

682m, as impr movements im reflecting a 1cy movement

66m relative to4% respectiveclaycard and Ath in Barclaycat interest margd 8% to £2,00impacting Coreduced impaed to £573m

6% to £16,058higher costs t8m (Q314: £2

nts to increase864m (2013: £h reduced the in 2014. Averto 9.2% (2013

80m, reflecting3: £2,293m) n sale of the U

ment charges ont releases on

ng expenses to of the previo13: £538m) ’s return on eq

17

502m driven Bank and ad

st impairment

9% to £18,06rrency movem,891m, with thrrent year bonve Transform

,868m) principredress, a gaingations and lit£935m ESHLAdecreased to 3

ue to non-dedxchange. Addit

(2013: £2,188

rovements in Pmpacting the r2% reduction

ts, partially offso Q413 due to ely Africa Bankingard, partially o

gin of 4.08% (200m, reflectinorporate whichirments in the

m (Q314: £50

8m, reflecting to achieve Tra202m) predome automation £4,078m), refle rate in 2013,

rage allocated 3: 11.3%)

g: following ass

UAE retail bankof £732m to £

n the wholesaleo £2,011m refously announc

quity improved

by improvemdverse currenc

reduced 29%

9m, driven byments he Investment us charges were £16,904

pally reflectingn on US Lehmtigation relatinA valuation rev31.0% (2013:

ductible expentionally, the 2

8m), increasin

PCB and Barclareported result in the Investmset by growth reduced clien

g increased 4%offset by a red2013: 4.02%) g lower impaih benefitted f Africa Bankin

09m) due to

significant savansform of £9

minantly within

ecting a highe and distributi equity increa

sets and secuking portfolio £168m driven e portfolio andflecting savinged European r

d to 4.1% (20

ents in PCB, cy movements

to £2,168m, re

y savings from

Bank reducing

4m (2013: £18

g an additionaman acquisitiong to Foreign Evision 40.0%) and o

nses, including013 effective

g the adjusted

aycard were pats of Africa Ban

ment Bank to £ in Barclaycardt activity and l

% to £11,435mduction in Afric

irments in PCrom one-off rg South Africaenhanced co

vings from Tra953m (2013: n PCB, due to

er effective taxions to other esed to £42bn

rities run-dow

by the non-recd improved pers from Transforetail restructu

13: 7.2%) refle

Barclaycard as impacting A

esulting in a 5

m Transform

g 9% to £3,62

8,684m). Cos

l £1,110m (20on assets of £Exchange, a £

on statutory prg the provision tax rate inclu

d Group retur

artially offset bnking £7,588m and d and PCB. Invlower volatility

m driven by sca Banking du

B due to the releases and la mortgages poverage for fo

ansform progra £671m). Cos restructuring

x rate principaequity holders (2013: £36bn

wn, and busin

currence of imrformance in Eorm programmuring, and red

ecting a £35b

and Non-Core,Africa Banking

% decrease in

programmes,

20m, reflecting

sts to achieve

013: £2,000m)£461m (2013:£446m loss on

rofit before taxn for ongoing

uded a £440m

rn on average

by a reduction

a reduction investment Banky in Credit and

strong incomeue to currency

improving UKower defaults

portfolio. Q414orbearance in

ammes acrosssts to achieve of the branch

ally due to thes in relation ton), resulting in

ess disposals,

mpairments onEurope mes, includingduced costs to

n reduction in

, g

n

,

g

e

) :

n

x g

m

e

n

n k d

e y

K s 4 n

s e h

e o n

,

n

g o

n

Group Fin

Barclays PLC

Balance sBalance shee

Total asse

Deriva£439b

Reversbook t

Total by the

Customerbusiness t

Total shainterests, instrumenpreferencgains as f

Net asset(2013: 28

Leverage exp

The Baselprimarily

Loanssettlem

Securagreemvolum

The Pactivit

Capital m The fully

(RWAs) to

The inqualifyoffset the fu

The Rbusine

The BCBSexposure continuedthe BCBS

nance Direc

C

heet and leet

ets remained b

ative assets inbn, primarily d

se repurchasetrading due to

loans and adve £13bn reclas

r accounts deto other liabilit

areholders’ eq shareholders’nts, due to isce shares and forward interes

t value per sh83p)

posure

l Committee odue to:

s and advancement balances

ities Financingments, and in

mes

otential Futurety and optimis

anagemenloaded CRD IVo £402bn and

ncrease in CETying reserves by £1.2bn reclly loaded CRD

RWA reductionesses, run-dow

S 270 leverage to £1,233bnd reductions in 270 leverage

ctor’s Revi

everage

broadly in line

ncreased £90bue to an increa

agreements ao balance sheet

vances decreasssification of lo

ecreased £4bnties, partially o

uity including’ equity increassuance of eq

subordinated st rates decrea

are increased

n Banking Sup

es and other s of £28bn and

g Transactionn SFT adjustm

e Exposure (PFations, includi

nt V CET1 ratio in an increase in

T1 capital, afteand a £0.6bn

cognised for dD IV CET1 ratio

n was mainlywn and exit of

ratio increasen (September n Non-Core exratio would ha

iew

at £1,358bn (2

bn to £440bnase in interest

and other simit deleveraging

sed £4bn to £oans to other a

n to £428bn aoffset by £5bn

non-controlliased to £60bnuity accounte debt instrumeased

to 335p (201

pervision (BCB

assets decread a £13bn redu

s (SFTs) decrents reflecting

FE) on derivativng trade comp

ncreased to 10n the fully load

er absorbing £ increase due ividends. Inclu

o would have i

y driven by a securities and

ed to 3.7% (Sep2014: £1,324

xposure. Includave increased t

18

2013: £1,344b

n, consistent w rate derivative

lar secured leng

£470bn as lendassets, relating

as a result of of growth wit

ing interests wn (2013: £55bed AT1 securents, and a £2

13: 331p) and

BS) 270 leverag

sed by £52bnuction in cash

reased £35bng reduced act

ves decreasedpressions and

0.3% (2013: 9.ded CRD IV CET

£3.3bn of adju to lower regu

uding the sale ncreased to 10

£35bn reductd loans, and de

ptember 20144bn) driven bding the sale oto 3.8% as at 3

bn)

with the increes as major fo

nding decrease

ding growth ing to the Spanis

the reclassifichin PCB and B

was £66bn (2n), primarily rities to invest2bn increase i

d net tangible

ge exposure de

n to £713bn p balances

to £157bn dtivity in Non-C

d £16bn to £17 tear-ups

1%) due to a £T1 capital of £

usting items, wulatory adjustm of the Spanish0.5% as at 31

tion in Non-Cerivative risk re

4: 3.5%), reflecby a seasonaof the Spanish31 December 2

ease in derivarward interest

ed £55bn to £

n Barclaycard ah business wh

ation of £8bnarclaycard

2013: £64bn).eflecting a £2

tors in exchanin the cash flo

asset value p

ecreased £91b

primarily due

due to reductCore and a sea

79bn mainly du

£40.6bn reduc1.1bn to £41.5

was driven by ments and deh business, coDecember 201

Core to £75bneductions 

cting a reductiol reduction in

h business, com2014

ative liabilitiest rates reduced

£132bn from lo

and PCB was phich was held f

n in relation to

. Excluding no2bn increase innge for the cow hedge rese

per share incre

bn to £1,233bn

to a seasona

tions in reversasonal reduct

ue to reductio

ction in risk we5bn

y a £1.6bn inceductions. Thisompleted on 2 14 

n reflecting th

on in the BCBSn settlement mpleted on 2

s of £92bn tod 

ower matched

partially offsetfor sale

o the Spanish

on-controllingn other equityancellation oferve driven by

eased to 285p

n during Q414

al reduction in

se repurchasetion in trading

ns in business

eighted assets

rease in others was partially January 2015,

he disposal of

S 270 leveragebalances andJanuary 2015,

o

d

t

h

g y f y

p

4

n

e g

s

s

r y ,

f

e d ,

Group Fin

Barclays PLC

Funding a During 20

positions PLC’s creCRD IV Liof £6bn)

The Grouagreemenmarkets, i

Legal, com The Grou

Report onmaterially

Provisionsprovisions

A proand lit

A gainreceivQ314

Other mat A valuatio

Barclays Nuncertain

The revisand the ftrends chthere was

The provadditionaupdated estimate o

The proviprovision nearly all

The loss Spanish binstrumencompletio£12.8bn approxim

Dividends A final div

year. Tota

1 For further d

nance Direc

C

and liquidit014, the Grou the Group wedit ratings. Thquidity Covera

up funding pronts) was £171issuing £15bn

mpetition aup faces legal, n pages 306-3y impact our o

s of £1,690ms and to asset

vision of £1,2tigation relatin

n of £461m wved from the 2 from the US C

tters on revision of Non-Core. Thity is derived fr

sion was due tfactors they m

hanging asset s a correspond

ision for PPI rl amounts of £estimate of fof future costs

ision for intere release of £16customers cov

on the annoubusinesses agnts. Accumulaon of the saleand RWAs w

mately £280m w

s vidend for 201al dividends pa

detail on customer

ctor’s Revi

ty p strengthene

ell for potentialhis resulted in age Ratio (LCR

ofile remains s1bn (2013: £1 (2013: £1bn)

and regula competition 14. The extentperations, fina

m (2013: £485 values impact

250m was recong to Foreign E

was recognised2008 US LehmCourt of Appea

£935m has bes portfolio prirom their long

to a Q414 chamay take into valuations aw

ding reduction

redress was ££1,270m. Thisfuture redresss1

est rate hedgin60m in Q314. vered by the re

unced sale of tgreed for saleated currency

e on 2 Januarywill reduce bwill be largely o

4 of 3.5p per said to ordinary

r redress provisions

iew

ed its liquidity l rating changean increase in

R) increased to

stable and we86bn). The G net of early re

atory matteand regulatort of the impac

ancial results, c

5m) are held ted by such ma

ognised for ceExchange. This

d in Q314 refman acquisitioals for the Seco

een recognisedmarily consist-dated nature,

ange in the va account whe

way from Libor in the Pruden

£1,059m (201s included the and associat

ng product reThe review is edress exercise

the Spanish b at the end oy translation y 2015. Post cy £5.0bn. Thoffset by a £24

share will be p shareholders

s refer to note 27 o

19

position, buildes as credit ratn the Group liqo 124% (2013:

ell diversified. Group was actedemptions

ers ry challenges, ct on the Grouconditions and

for legal, comatters during 2

ertain aspects s included an a

flecting greateon. This changond Circuit

d in Q414 agats of long date, and lack of se

aluation methen valuing ther-based discountial Valuation

3: £971m) fo recognition oted costs. Th

dress was £21now substantie during 2014

business of £4of the year, preserve losse

completion, ahe foregone 40m reduction

paid on 2 April increased 23%

of the Annual Repo

ding a larger sting agencies aquidity pool to 96%), equiva

Wholesale funtive in wholes

details of whp of these mat

d prospects

mpetition and2014 include t

of ongoing inadditional prov

er certainty aroge in asset va

ainst the ESHLed fixed rate loecondary mar

odology, incose assets. Thi

unting. This re Adjustment (P

ollowing utilisaf an additionae remaining

11m (2013: £ially complete

41

446m represenpartially offsetes of approxssets will reduannual incom

n in operating

2015 resulting% to £1,057m

ort on pages 303-3

surplus to its Lassess sovereio £149bn (201lent to a surpl

nding outstandsale unsecured

ich are set outters cannot a

d regulatory mhe following:

nvestigations ivision of £750m

ound the recoalue followed

A portfolio heoans with stroket and observ

rporating infos is also consvision does noPVA) for this p

ation of £1,18l amount of £provision refle

1,169m) after with redress o

nts a £761m it by a £315mimately £100uce by £13.4b

me from the expenses

g in a total 6.5

305.

Liquidity Risk gn support in 13: £127bn). Tus of £30bn (2

ding (excludind, secured and

ut in note 29 always be pred

matters. Chan

involving certam recognised

overability of ad a favourable

eld at a £17.4bong credit quavable loan spre

ormation on exsistent with reot impact the portfolio at yea

82m and the r£200m in Q414ects Barclays’

r utilisation of outcomes com

mpairment ofm gain on re0m will be rebn, liabilities wSpanish bus

5p dividend pe

Appetite. This Barclays BankThe estimated2013: shortfall

ng repurchased debt capital

of the Annualdicted but may

nges to these

ain authorities in Q414.

assets not yet ruling during

bn fair value inality. Valuationeads

xternal partiesecent industryCET1 ratio, as

ar end

recognition of4 based on an’ best current

£798m and ammunicated to

f assets in thelated hedgingecognised onwill reduce byiness sold of

r share for the

s k d l

e l

l y

e

s

t g

n n

s y s

f n t

a o

e g n y f

e

Group Fin

Barclays PLC

Outlook Although

year, we priority is 11% in 20

We expecweighted expected run-off. Wto 6% gui

Credit queconomicfurther reTransformnet intere2015 inco

For the Gachievem

Tushar Mor

nance Direc

C

there remainsbelieve there w to continue s016, after takin

ct to make fur assets in 201 to reduce signWe continue toidelines comm

uality across tc factors in theductions beym (CTA), for 2est margin to bome for the Inv

Group overall, ment of the 201

rzaria, Group

ctor’s Revi

s uncertainty inwill be greater

strengthening ng account of

rther progress 6 (revised for nificantly fromo expect the N

municated prev

he Group is ehe markets in yond those ac015. CTA is pbe broadly stavestment Bank

we intend to 6 Transform t

p Finance Dir

iew

n the global mr clarity on regthe capital poany conduct it

in 2015 on thcompletion of

m 2014 levels, aNon-Core dilutviously

expected to rewhich the Gr

chieved in 20projected to be

ble in 2015. Bk to be well ah

build on the ptargets. We w

rector

20

macroeconomicgulatory requisition of the Gtems resolved

he run-down of the sale of thas seen in the tion on the Gro

emain consistroup operates014, targetinge approximateBased on currehead of Q4 rep

positive underwill also acceler

c environmentrements and

Group, targetin

of the Non-Cohe Spanish bus fourth quarteoup’s return o

tent with reces. In terms of £16.3bn for ly £700m for 2

ent trends andorted income

rlying momentrate delivery of

t, which is expseveral condu

ng a fully loade

ore unit, towarsiness in Januar, as businessen equity in 20

ent underlyingf operating ex the Group, e2015 and £200 a strong Bankand approach

tum seen withf these targets

pected to persisuct issues duried CRD IV CET

rds our target ary). Income ies and portfol

015 to remain

g trends, reflexpenses, we exexcluding cos0m in 2016. Wking pipeline, ing that of Q1

hin our busines wherever pos

st through theng 2015. OurT1 ratio above

of £45bn riskn Non-Core isios are sold orwithin the 3%

ecting broaderxpect to drivests to achieveWe also expect

we expect Q1 2014

esses, towardsssible

e r e

k s r

%

r e e t

s

Results by

Barclays PLC

Personal a Income statNet interest incNet fee and comOther income Total income Credit impairmNet operating Operating expeUK bank levy Costs to achievTotal operatingOther net incomProfit before taAttributable pr

Balance sheLoans and advaTotal assets Customer depoRisk weighted a PerformancReturn on averAverage allocatReturn on averAverage allocatCost: income raLoan loss rate ( Analysis of Personal Corporate Wealth Total income Analysis of amortised c Personal Corporate Wealth Total loans and Analysis of Personal Corporate Wealth Total custome

2014 comp

Profit befimprovingTransform£119m aloptimisatloans andsimplifyin

y Business

C

and Corpo

tement inforcome mmission incom

ment charges andincome enses

ve Transform g expenses me ax ofit

eet informatiances to custom

osits assets

ce measures

rage tangible equted tangible equ

rage equity ted equity (£bn)atio (bps)

total income

loans and adcost

d advances to c

customer de

r deposits

ared to 2013

fore tax increag economic enm strategy. Thilongside signiftion, as well ad deposits, andng operations

orate Banki

rmation

me

d other provision

ion mers at amortise

uity uity (£bn)

)

e

dvances to c

customers at am

eposits

3

ased 29% to £nvironment in is resulted in aficant cost red

as investment d Wealth unde

ing

ns

ed cost

ustomers at

mortised cost

£2,885m drivethe UK, and th

a 2.2% increasductions, within the custom

ertook a subst

21

en by 3% growhe continued re in return on

h the net closumer experienctantial reorgan

Year ende

31.12.£

6,292,44

88,82(48

8,34(5,00

(7(40

(5,471

2,882,05

As at 31.12.£b

217285299120

31.12.15.8

1311.9

1762

2

£4,153,591,078,82

£b

1366515

217

145 122

31299

wth in Personreduction in op average equiture of 72 brance across multnisation to red

ed

14

£m

98

43

87

28 82)

46 05)

70)

00)

5)

4

85 58

14 Asbn

.0

.0

.2

.2

14

8%

.1 9%

.5 2%

21

£m

59

92

77

28

bn

.8

.1

.1

.0

.8

.2

.2

.2

nal income, lowperating expeny to 11.9%. In

nches as part otiple channelsduce the num

Year ended

31.12.13 £m

5,893 2,723

107 8,723 (621)

8,102 (5,460)

(66) (384)

(5,910) 41

2,233 1,681

As at 31.12.13 £bn

212.2 278.5 295.9 118.3

31.12.13 12.7%

13.2 9.7% 17.3 68%

28

£m 4,040 3,620 1,063 8,723

£bn

133.8 62.5 15.9

212.2

140.5 118.5

36.9 295.9

wer impairmenses due to pr Personal, incoof ongoing br

s. Corporate inber of target

% Change7

(10)(19)

1 22

3 8

(6)(4)7

(66)29 22

% Change3

(1)1 1

ent due to therogress on theome increasedranch networkncreased bothmarkets while

e e d k h e

Results by

Barclays PLC

Total inco

Personlower

Corpodepos

Wealtand m

Net inintererecogmargi

Net feand lo

Credit impeconomicdefaults f

Total operestructur

Loans and

Total asse

Customer

RWAs inc

Q414 comp

Profit beforestructur(Q314: £n

y Business

C

ome increased

nal income inc fee income

orate income sits, offset by m

h income wasmarket exits as

nterest incomest margin impnises the majons within Pers

ee and commiower transactio

pairment charc environmentfrom large UK C

erating expensring of the bra

d advances to

ets increased 2

r deposits incr

creased 2% to

pared to Q31

fore tax reducering of the brnil)

d 1% to £8,828

creased 3% to

was broadly margin compre

s broadly in line part of the reo

e increased 7%proved 9bps tority of overdrsonal and Wea

ission income onal income in

rges improved t in the UK, paCorporate clie

ses reduced 7%anch network a

customers inc

2% to £285.0b

eased to £299

£120.2bn prim

4

ed 20% to £62anch network

8m

o £4,159m due

in line at £3,5ession

e at £1,077m (organisations i

% to £6,298m to 3.00% primraft income as

alth. These fact

reduced 10%n Wealth

22% to £482marticularly impnts

% to £5,475mand technolog

creased 2% to

bn driven by th

9.2bn (2013: £

marily driven b

28m driven byk and increase

22

e to balance gr

592m (2013:

(2013: £1,063in the US and

driven by lendmarily due to s net interest tors were part

% to £2,443m

m and the loapacting Corpo

m reflecting savy improvemen

£217.0bn due

he growth in lo

295.9bn)

by growth in m

y higher costs ed spend on t

rowth and imp

£3,620m), w

3m) driven by gEU businesses

ding and depo the launch oincome as opially offset by

due to the lau

n loss rate redorate which be

vings realised nts to increase

e to mortgage

oans and advan

mortgage and C

to achieve Tratechnology im

proved savings

ith balance gr

growth in the s, and lower fee

sit growth andof a revised ovposed to fee ilower Corpora

unch of the re

uced 7bps to enefited from

from Transfo automation

growth and C

nces to custom

Corporate lend

ansform of £1provements, a

s margins, par

rowth in both

UK business, oe income

d margin imprverdraft propoincome, and h

ate deposit ma

evised overdra

21bps due to one-off releas

orm programm

Corporate loan

mers

ding

95m (Q314: £and UK bank

rtially offset by

h lending and

offset by client

rovement. Netosition, whichhigher savingsargins

aft proposition

the improvingses and lower

mes relating to

growth

£90m), due tolevy of £70m

y

d

t

t h s

n

g r

o

o m

Results by

Barclays PLC

Barclayca Income statNet interest incNet fee and comOther income Total income Credit impairmNet operating Operating expeUK bank levy Costs to achievTotal operatingOther net incomProfit before taAttributable pr

Balance sheLoans and advaTotal assets Customer depoRisk weighted a PerformancReturn on averAverage allocatReturn on averAverage allocatCost: income raLoan loss rate (

2014 comp Profit befo

merchantgeographbusiness improvemstable 30business t

Total incobusinesse

– Net in(2013offset

– Net fe

Credit imDelinquen

Total ope£49m), pprogramm

Loans animpact of

Total asse

Customer

RWAs inc

Q414 comp Profit bef

increasedcosts to a

y Business

C

ard

tement inforcome mmission incom

ment charges andincome enses

ve Transform g expenses me ax ofit

eet informatiances to custom

osits assets

ce measures

rage tangible equted tangible equ

rage equity ted equity (£bn)atio (bps)

ared to 2013fore tax increat business mo

hies generatingfocusing on s

ment in the co-day delinqueto deliver a str

ome increasees, partially off

nterest income3: 8.99%) due by lower fund

ee and commis

pairment chancy rates rema

erating expenspartially offsetmes, including

d advances tof promotional o

ets increased 2

r deposits incr

creased 12% to

pared to Q31fore tax reduced impairment dachieve Transfo

rmation

me

d other provision

ion mers at amortise

uity uity (£bn)

)

3 sed 13% to £odel, with cusg a 6% increasscale throughst to income rncy rates and rong return on

d 6% to £4,3fset by depreci

e increased 8%to a change in

ding costs

ssion income i

rges increasedained broadly s

ses increased t by deprecia insourcing of

o customers inoffers and the

20% to £41.3b

eased 43% to

o £39.9bn prim

4 ed 41% to £2driven by enhorm of £50m (

ns

ed cost

1,339m. Stronstomer numbse in income.

h insourcing oratio to 43% ( falling loan lo average equit

356m reflectination of averag

% to £3,044mn product mix

ncreased 2% t

d 8% to £1,18stable and the

1% to £1,874tion of avera

f services, cons

ncreased 16% acquisition of

bn due to the in

£7.3bn driven

marily driven b

13m due to anhanced covera(Q314: £32m)

23

ng growth in 2bers increasing Growth has bof services, co(2013: 45%). Toss rates. The ty of 16.0% (2

ng growth inge USD agains

m driven by vo and the impa

to £1,286m du

83m due to a loan loss rate

4m driven byage USD agaisolidation of si

% to £36.6bn rf portfolios in t

ncrease in loan

n by the depos

by the growth i

n update to efage for forbea)

Year ende

31.12.£

3,041,28

24,35

(1,183,17

(1,72(2

(11(1,87

41,33

93

As at 31.12.£b

3641

739

31.12.19.9

416.0

54330

2014 was delivg to 30m (20been managedonsolidation ofThe business diversified an013: 15.5%)

the UK consst GBP

lume growth. ct of promotio

ue to growth in

asset growth a reduced 24bp

y higher costs nst GBP, VATites and digita

reflecting growthe US

ns and advanc

its funding str

in loans and ad

ffective interesrance, UK ban

ed

14

£m

44

86

26

56 83)

73 27)

29)

8)

4)

40

39 38

14 Asbn

.6

.3

.3

.9

14

9%

.7 0%

.9 3%

08

vered through 013: 26m) and on a well-cof sites and difocus on risk d scaled busin

sumer and m

Net interest monal offers, pa

n payment vol

and enhancedps to 308bps

to achieve TT refunds andlisation

wth across all

ces to custome

ategy in the U

dvances to cus

st rate assumpnk levy of £29

Year ended

31.12.13 £m

2,829 1,256

18 4,103

(1,096) 3,007

(1,786) (22) (49)

(1,857) 33

1,183 822

As at 31.12.13 £bn

31.5 34.4

5.1 35.7

31.12.13 19.9%

4.1 15.5%

5.3 45% 332

a diversified cnd asset growontrolled cost bigitalisation, remanagement

ness model ha

merchant, Germ

margin decreaarticularly in th

lumes

d coverage fo

ransform of £d savings fro

geographies,

ers

US

stomers

ptions reducin9m (Q314: £n

% Change8 2

44 6

(8)6 3

(32)

(1)21 13 14

consumer andwth across allbase, with theesulting in an is reflected inas allowed the

many and US

ased to 8.75%he US, partially

r forbearance.

£118m (2013:om Transform

including the

ng Q4 income,nil) and higher

d l

e n n e

S

% y

.

: m

e

, r

Results by

Barclays PLC

Africa Ban

Income statNet interest incNet fee and comNet trading incNet premiums Other income

Total income

Net claims andcontracts

Total income nCredit impairmNet operating Operating expeUK bank levy

Costs to achievTotal operatingOther net incomProfit before taAttributable pr

Balance sheLoans and advacost

Total assets

Customer depoRisk weighted a

PerformancReturn on averAverage tangibReturn on averAverage equityCost: income raLoan loss rate (

2014 comp On a repo

6% to £9significanperforma

Profit befoand BusinSouth Afrthe RBB Sthe year, ato expans

Total inco– Net in

in CIB14bpsdepos

– Net feAfrica

Credit im93bps, drincreased

1 Constant curincome statbetween the

2 Reported ba

y Business

C

nking

tement inforcome

mmission incomcome

from insurance

d benefits incurre

net of insurancement charges and

income

enses

ve Transform

g expenses

me

ax

ofit

eet informatiances to custom

osits

assets

ce measures

rage tangible equble equity (£bn)

rage equity

y (£bn)

atio

(bps)

ared to 2013orted basis2, to984m. Based ont contributor nce below is bore tax increasness Banking (rica, and imprSouth Africa tuand Wealth, In

sion initiatives ome net of insunterest incomeB and growth is to 5.95% follsit margins, paee and commia pairment char

riven by reduced impairments

rrency results are tement and the 3e two periods. asis represents resu

rmation

me

contracts

ed under insuran

e claims

d other provision

ion

mers at amortise

uity

3 otal income non average ra to the move

based on resultsed 13% to £9(RBB). CIB expoved investme

urnaround stranvestment Ma urance claims

e increased 9%in customer dlowing the rise

artially offset byission income

rges decreaseed impairmen in the card po

calculated by conv1 December 2014

ults in GBP using a

Year en31.12

2,01,0

23

3,8nce

(1

3,6ns (3

3,3(2,2

(2,3

93

As at 31.12

ed 3

533

31.1212

9

6

et of insurancates, the ZAR ement in thets on a consta

984m, reflectinperienced stronent banking trategy, with incnagement and

increased 7%% to £2,093m,

eposits in RBBe in the South y lower rates o increased 2%

d 14% to £34ts in the South

ortfolio

verting ZAR results4 closing exchang

actual exchange ra

24

nded Year en2.14 31.1

£m

093 2086 1250

337

68

834 4,

170) (

664 4,349) (315 3,246) (2,(45)

(51)

342) (2,11

984 1,360

2.14 As at 31.1£bn

35.2

55.5 35.0 38.5

2.14 31.12.9% 1

2.8 9.3% 8

3.9 64%

93

ce claims decrdepreciated a

e reported resnt currency ba

ng good growtng income grorading performcreased net feed Insurance (W

% to £3,664m primarily drivB in South Afr African benchoutside South

% to £1,086m

49m and on ah Africa mortg

ts into GBP using thge rate for the ba

ates.

nded 2.13

£m % Chang

,245 (7,254 (13260 (4374 (10

91 (25,224 (9

(185)

,039 (9(479) 2,560 (7,451) (42) (7(26) (96

519) 8 3

,049 (6356

2.13 £bn

34.9

54.9 34.6 38.0

2.13 1.3%

3.2 8.1%

4.4 62% 128

reased 9% to against GBP bysults of Africasis1 unless othth in Corporateowth, driven bmance across e and commis

WIMI) delivered

en by higher arica. Net interehmark interestAfrica mainly reflect

a reported basgages portfolio

he average exchanalance sheet to el

CYear ende

31.12.1ge £

7) 2,093) 1,084) 250) 335) 69) 3,83

8 (17

9) 3,667 (347) 3,318 (2,247) (46) (57 (2,348 16) 981 36

As at 31.12.1£b

35

55 35

£3,664m and y 18% in 201a Banking. Therwise statede and Investmey the corporatAfrica. Continsion income gd strong grow

average loans est margin on t rate and the f

ting increased

sis2 the loan loo and business

nge rate for the yeiminate the impac

Constant Currened Year end14 31.12

£m

93 1,986 1,050 237 368 34 3,5

70) (15

64 3,449) (4015 3,046) (2,0945) (451) (242) (2,1611

84 860 2

14 As at 31.12bn £

.2 33

.5 52

.0 33

profit before 14. The deteriThe discussiond ent Banking (Cte banking buued progress

growth in the swth outside Sou

and advances a reported bafavourable im

d RBB transact

oss rate impros banking, par

ear ended 31 Deceact of movement i

ncy1

ded .13 £m % Change

912 9 067 2 219 14 316 7 78 (13)

592 7

57) (8)

35 7 06) 14 29 9 98) (7) 42) (7) 23) 63) (8)

7 57 73 13 89 25

.13 £bn

3.6

2.8 3.3

tax decreasedoration was an of business

CIB) and Retailsiness outsidewas made onsecond half ofuth Africa due

s to customersasis2 increasedpact of higher

tions in South

oved 35bps totially offset by

mber 2014 for thein exchange rates

d a s

l e n f e

s d r

h

o y

e s

Results by

Barclays PLC

Total opecosts, and£23m), pa

Loans andAfrica in C

Total asse

Customer

RWAs incpartially o

Q414 comp Profit bef

increasedincrease i

1 Reported b

y Business

C

erating expensd increased inartially offset b

d advances to CIB and limited

ets increased 5

r deposits incr

creased 1% tooffset by the de

pared to Q31fore tax decred costs to achien RBB in South

basis represents res

ses increased vestment spen

by savings from

customers incd growth in RB

5% to £55.5bn

eased 5% to £

o £38.5bn on aepreciation of

4 ased 16% to eve Transformh Africa and th

sults in GBP using

8% to £2,342nd on key initm Transform p

creased 5% toBB, mainly due

n due to the inc

£35.0bn reflect

a reported basZAR against G

£228m on a rm of £23m (Q3he appreciation

actual exchange r

25

2m largely reftiatives, includprogrammes

o £35.2bn prime to a modest r

crease in loans

ting strong gro

sis1, primarily GBP

reported basis314: £11m), pn of ZAR again

rates.

flecting inflatiing higher cos

marily driven byreduction in th

s and advance

owth in the So

driven by grow

s1, due to the artially offset bnst GBP in the

onary increasests to achieve

y strong corpoe South Africa

es to customer

uth African RB

wth in loans a

UK bank levyby increased in quarter

es, resulting i Transform of

orate banking ga mortgages p

rs

BB business

and advances

y of £45m (Q3ncome driven

n higher stafff £51m (2013:

growth acrossortfolio

to customers,

314: £nil) and by a seasonal

f :

s

,

d l

Results by

Barclays PLC

Investmen

Income statNet interest incNet fee and comNet trading incNet investmentTotal income

Credit impairmNet operating Operating expeUK bank levy Costs to achievTotal operatingProfit before taAttributable pr

Balance sheLoans and advaTrading portfolDerivative finanDerivative finanReverse repurcTotal assets1

Risk weighted a

PerformancReturn on averAverage allocatReturn on averAverage allocatCost: income ra

Analysis of Investment B Lending Banking Credit Equities Macro Markets Banking and MOther1 Total income

2014 comp

Profit befstrategy, efficienciestrengthsmarket-mproducts,Banking p

1 2013 adjusteacquisition t£1.6bn haveresolution of

2 As at 31 De£25.8bn (20settlement b

y Business

C

nt Bank

tement inforcome mmission incom

come t income

ment releases andincome enses

ve Transform g expenses ax ofit

eet informatiances to banks alio assets

ncial instrumentncial instrumentchase agreement

assets1

ce measures

rage tangible equted tangible equ

rage equity

ted equity (£bn)atio

total incomeBanking fees

Markets

ared to 2013

fore tax decreabuilding on le

es. The busines and adapt tomaking conditi

resulting in aperformance a

ed income and prto aid comparabile been restated forf this matter.

ecember 2014 loan013: £33.2bn) andbalances of £2.7bn

rmation

me

d other provision

ion

and customers a

t assets

t liabilities

ts and other sim

uity

uity (£bn)

)

e

3

ased 32% to £eading positioess is focusedo regulatory dons and conti

an income decnd significant

rofit before tax havlity given its mater the reclassificatio

ns and advances id cash collateral n (2013: £4.4bn) an

ns

at amortised cos

milar secured len

£1,377m. Theons in its homd on a simpledevelopmentsinued low levecline across th cost reduction

ve been restated terial nature in the on of these assets

included £86.4bn of £32.2bn (2013nd cash collateral

26

st2

nding

e Investment Bme markets ofer product set. The businesels of activity. he Markets buns as a result o

to exclude the Q2 current year. In a from the Investm

(2013: £84.1bn) o3: £25.6bn)) and of £6.9bn (2013: £

Year ende

31.12.

£64

3,083,73

117,58

17,60

(5,63(21(37

(6,221,37

39

As at 31.12.

£b106

94152160

64455122

31.12.2.8142.71582

2,1141

2,521,042,041,955,047,56

27,58

Bank continuef the UK and t in Markets, wss continued t This has part

usinesses. Thisof savings from

13 £259m gain reladdition, Decembeent Bank to Head

of loans and advaloans and advanc£6.4bn)).

ed

14

£m

47

87

35

9

88 4

02 3)

8)

74)

5)

77 97

14 As

bn

.3

.8

.6

.6

.3

.7

.4

14

8%

.6 7%

.4 2%

1

7

28 44

46

50

40

68 20

88

s to make proUS, while drivwhich will enato execute thticularly impac decline was p

m Transform p

lating to assets noer 2013 US Lehma Office to more acc

ances to customerces to banks of £

Year ended1

31.12.13

£m 393

3,232 4,969

2 8,596

22 8,618

(6,172) (236) (190)

(6,598) 2,020 1,308

at 31.12.131

£bn

104.5 96.6

108.7 116.6

78.2 438.0 124.4

31.12.131 8.5% 15.3 8.2% 15.9 77%

2,160 325

2,485 1,257 2,297 2,580 6,134 8,619

(23) 8,596

ogress on its oving cost savinable it to bui

his strategy dected credit andpartially offset

programmes

ot yet received froman acquisition assccurately reflect res

rs (including settle£19.9bn (2013: £2

% Change65 (4)

(25)

(12)(36)(12)

9 8

(97)6

(32)(70)

(2)28

2 (17)(11)(24)(18)(12)

(12)

origination-ledngs and RWAld on existingespite difficultd interest ratet by improved

m the US Lehmansets and RWAs ofsponsibility for the

ement balances of20.4bn) (including

d A g t e d

n f e

f g

Results by

Barclays PLC

Total inco

– Bankinlower incomincom

– Marke

– Crcre

– Eqvo

– Mama

Net credit

Total opesavings frplatform increased

Loans andlending, p

Derivativedriven by currencie

Reverse rbook trad

Total assedecrease

RWAs deimplemen

Q414 comp

Total inco

– Bankindrivendue to

– Marke

– Crpr

– Eqeq

– Mrat

Total opeprogramminfrastrucaverage U

Profit befo

y Business

C

ome decreased

ng income inc debt underw

me increased tome

ets income dec

redit decreasededit, US high y

quities decreasolumes, partial

acro decreasearkets in the fi

t impairment r

erating expensfrom Transform

and real estad costs to achie

d advances topartially offset

e financial ins decreases in ps

epurchase agrding and fundin

ets increased 4in reverse repu

ecreased 2% tntation of a rev

pared to Q41

ome decreased

ng income wan by decreasedo lower fair val

ets income dec

redit decreasedoducts

quities increasequities and equ

acro decreasetes

erating expensmes, includingcture, and loweUSD against GB

ore tax increas

d 12% to £7,58

creased 2% towriting fees, pao £417m (201

creased 18% t

d 17% to £1,0yield and US hi

sed 11% to £2ly offset by hig

ed 24% to £1irst half of the

release of £14m

ses decreasedm programme

ate infrastructueve Transform

o customers aby a reduction

trument assetpredominantly

reements and ng requiremen

4% to £455.7urchase agree

to £122.4bn vised credit ris

3

d 7% to £1,666

as in line withd underwritinglue losses on h

creased 10% t

d 25% to £17

ed 2% to £43uity derivatives

ed 14% to £4

ses decreasedg business reser costs to achBP

sed to £35m (Q

88m, including

o £2,528m. Inartially offset 3: £325m) du

to £5,040m

44m driven bygh grade prod

,046m due to gher income in

,950m reflect year

m (2013: £22m

d 6% to £6,22es, including ure, and depr

m of £374m (20

nd banks incrn in settlement

ts and liabilitiey GBP, USD and

other similar nts

bn due to an iments and oth

primarily drivk model for as

6m, including

h prior year at and financial

hedges and hig

to £1,028m

3m driven by

31m due to his

24m reflecting

15% to £1,6structuring, cohieve Transform

Q413: loss of £

27

g the impact o

nvestment Banby higher fina

ue to lower fair

y reduced voladucts

declines in casn equity financ

ting subdued

m) arose from

25m reflectingbusiness restrreciation of av013: £190m) a

reased 2% to t balances due

es increased 4d EUR forward

secured lendin

increase in deher similar sec

ven by risk ressessing count

the impact of

t £638m. Inve advisory incomgher net intere

declines in dis

igher income

g subdued cli

624m reflectinontinued ratiom of £22m (Q

£137m)

of depreciation

nking fee incoancial advisorr value losses o

atility and clien

sh equities andcing

client activity

a number of s

g a 9% reductructuring, converage USD aand litigation a

£106.3bn drive to reduced ac

40% to £152d interest rates

ng decreased

rivative financured lending,

eductions in tterparty proba

appreciation o

estment Bankime. Lending inest and fee inco

stressed credit

in equity finan

ent activity an

g lower componalisation of Q413: £71m). T

of average US

me decreasedy and equity on hedges and

nt activity, with

d equity deriva

in rates and

single name ex

tion in compentinued rationaagainst GBP. Tand conduct ch

ven by an incrctivity

.6bn and 38%s, and strength

18% to £64.3

cial instrumentand financial a

he trading bobility of defau

of average USD

ng fee incomncome increasome

t, securitised p

ncing, partially

nd a challeng

pensation costthe technolog

This was partia

SD against GB

d 2% to £2,11underwriting

d higher net in

h lower income

atives, reflectin

lower volatilit

xposures

ensation costsalisation of th

This was partharges

rease in cash

% to £160.6bnhening of USD

bn due to dec

t assets, partiaassets at fair va

ook, partially lt

D against GBP

me decreased 8sed to £111m

products and U

y offset by de

ing trading en

ts, savings frogy platform anally offset by a

P

1m driven byfees. Lending

nterest and fee

e in distressed

ng lower client

ty in currency

s to £3,620m,he technologyially offset by

collateral and

n respectively, against major

creased match

ally offset by aalue

offset by the

8% to £527m(Q413: £68m)

US high grade

eclines in cash

nvironment in

om Transformnd real estate

appreciation of

y g e

d

t

y

, y y

d

, r

h

a

e

m )

e

h

n

m e f

Results by

Barclays PLC

Q414 comp

Total incoGBP

– Bankinincreafair va

– Marke

– Crpr

– Eq

– M

Total opeappreciatachieve T

Profit befo

y Business

C

pared to Q31

ome was in lin

ng income incased underwritalue losses on

ets income dec

redit decreaseoducts

quities increase

acro decrease

erating expension of average

Transform of £

ore tax decrea

4

ne at £1,666m

creased 17% ting and finanhedges

creased 8% to

d 32% to £17

ed 9% to £431

d 10% to £424

es increased 1e USD against22m (Q314: £

ased to £35m (

m (Q314: £1,6

to £638m. Incial advisory in

£1,028m

73m driven by

1m due to incr

4m reflecting

8% to £1,624 GBP, and hig

£70m)

(Q314: £284m

28

665m), includi

nvestment Banncome. Lendin

y declines in

reased client ac

lower client ac

4m reflecting agher litigation

m)

ng the impact

nking fee incong income dec

securitised pro

ctivity in cash

ctivity and a ch

an increase duand conduct c

t of appreciati

ome increasedcreased to £11

oducts, distres

equities and e

hallenging trad

ue to UK bank charges, partia

ion of average

d 29% to £5211m (Q314: £

ssed credit an

equity derivativ

ding environm

levy of £218mally offset by l

e USD against

27m driven by£137m) due to

nd high grade

ves

ent in rates

m (Q314: £nil),lower costs to

t

y o

e

, o

Results by

Barclays PLC

Head Offi

Income statTotal income

Credit impairmNet operating Operating expeUK bank levy

Costs to achievTotal operatingOther net (expeProfit/(loss) beAttributable pr

Balance sheTotal assets1

Risk weighted aAverage allocatAverage allocat

2014 comp

Profit befo

Net operaexchange

Total opethe non-rprior year

Total asse

RWAs decrevision tAnnounce

Negative 10.5% ful

Q414 comp

Loss befolitigation a

1 December 2

Head Office

y Business

C

ce

tement infor

ment releases

income

enses

ve Transform

g expenses

ense)/income

efore tax

ofit/(loss)

eet informati

assets1

ted tangible equted equity

ared to 2013

ore tax of £97

ating income e recycling aris

erating expensrecurrence of cr, partially offse

ets increased £

creased £10.6to 2013 RWAsement

average allocally loaded CRD

pared to Q31

ore tax of £9mand conduct c

2013 US Lehman a to more accurately

rmation

ion

uity

3

m improved fr

increased to sing from the r

es decreased costs associateet by increased

£22.5bn to £49

bn to £5.6bn,s following fu

ated equity redD IV CET1 ratio

4

m moved fromcharges, costs

acquisition assets aly reflect responsib

rom a loss of £

£242m (2013estructure of g

£22m to £142ed with the Sad litigation and

9.1bn reflectin

, including thell implementa

duced to £0.4bo during the ye

m a £40m pro to achieve Tra

and RWAs of £1.6bbility for the resolut

29

£15m in 2013

3: £145m) prgroup subsidia

2m mainly duealz Review andd conduct cha

ng an increase

e partial settlemation of CRD I

bn (2013: £7.0ear, resulting in

ofit in Q314 ansform of £8m

bn have been restation of this matter

A

redominantly aries

e to a reductiod the establisharges

in the Group l

ment of the USV reporting, a

0bn) as the Grn a reduction in

primarily drivem (Q314: £nil)

ated for the reclasr.

Year ended

31.12.14

£m

242

-

242 (123)

(9)

(10)

(142)

(3)

97 112

As at 31.12.14

£bn

49.1 5.6

(0.6) (0.4)

due to net ga

on in UK bank ment of the Tr

iquidity pool a

S Lehman acquas disclosed in

oup moved ton excess equit

en by higher ) and UK bank

sification of these

ains of £88m

levy to £9m (ransform prog

assets

uisition assetsn the 30 June

owards the alloty allocated to

operating expk levy of £9m (

assets from the In

Year ended 31.12.13

£m 142

3 145

(113) (29) (22)

(164) 4

(15) (89)

As at 31.12.13

£bn 26.6 16.2 (7.4) (7.0)

from foreign

(2013: £29m),gramme in the

s and a £6.9bn 2014 Results

ocation rate of businesses

penses due toQ314: £nil)

nvestment Bank to

n

, e

n s

f

o

o

Results by

Barclays PLC

Barclays N Income statNet interest incNet fee and comNet trading incNet investmentNet premiums Other income/Total income Net claims andTotal income nCredit impairmNet operating Operating expeUK bank levy Costs to achievTotal operatingOther net expeLoss before taxAttributable los

Balance sheLoans and advaLoans and advaTrading portfolDerivative finanDerivative finanReverse repurcTotal assets Customer depoRisk weighted a PerformancReturn on averAverage allocatReturn on averAverage allocatPeriod end allo

Analysis of Businesses Securities and Derivatives Total income n

2014 comp Loss befo

down cerprogress t

Total inco

Busineration

Securlossessecuri

Derivaderiva

1 As at 31 D£1.6bn (20settlement

2 Return on aaverage eq

y Business

C

Non-Core

tement inforcome mmission incom

come t income from insurance

/(expense)

d benefits incurrenet of insurance

ment charges andincome enses

ve Transform g expenses

ense x ss

eet informatiances to banks aances to customlio assets ncial instrumentncial instrumentchase agreement

osits assets

ce measures

rage tangible equted tangible equ

rage equity impated equity (£bn)

ocated equity (£b

total income

d Loans

net of insurance

ared to 2013ore tax reducertain businesstowards the B

ome net of insu

esses income alisation of pr

ities and Loans on wholesaleitised products

atives income atives portfolioDecember 2014 loa013: £2.6bn) and balances of £0.3baverage equity an

quity and average t

rmation

me

contracts

ed under insurane claims d other provision

ion and customers a

mers at fair value

t assets t liabilities ts and other sim

uity impact2 uity (£bn) act2 ) bn)

e net of insur

e claims

3 ed 24% to £1es and securiNC target redu

urance claims

reduced 27%oduct offering

s income redue loan portfolios, partially offs

reduced £32o and the non-ans and advances cash collateral o

bn (2013: £0.8bn) and average tangibltangible equity of t

nce contracts

ns

at amortised cose

milar secured len

rance claims

,180m as Barcties during 20uctions as outl

reduced 54%

% to £1,101mgs within the E

uced 82% to £os and the no

set by a £119m

21m to an exprecurrence of included £51.6bn

of £22.1bn (2013:and cash collaterale equity for Barclathe Non-Core busi

30

st1

nding

s

clays Non-Cor014. This drolined in the Gr

to £1,050m

m due to the suropean retail

£117m primarion-recurrence m gain on the s

pense of £16 fair value gainn (2013: £70.8bn) : £14.5bn)) and lal of £11.3bn (2013ays Non-Core repriness.

Year ende

31.12.£

214612162910

1,36(31

1,05(1688

(1,70(9

(21(2,01

(5(1,18(1,08

As at 31.12.£b

631815

285277

49471

2175

31.12.(5.4%

13(4.1%

1311

£1,10

11(16

1,05

re (BNC) madove a £34.6bnoup Strategy U

sale and run-d business

ly driven by thof prior year f

sale of the UAE

8m reflecting ns in the prior y of loans and advaoans and advanc3: £9.5bn)). resents its impact

ed

14

£m

4

66

20

64

90

06

60 0)

50 68)

82 08)

91)

2)

1)

1)

0)

85)

14 Asbn

.9

.7

.9

.4

.1

.3

.5

.6

.3

14

%)

.2 %)

.4

.0

£m

01

7

68)

50

e good progren reduction in Update on 8 M

down of legac

he active run-dfavourable maE retail banking

the funding year

ances to customerces to banks of £

on the Group, Th

Year ended 31.12.13

£m 307 383

1,327 302 306

(8) 2,617 (324)

2,293 (900)

1,393 (2,198)

(109) (538)

(2,845) (110)

(1,562) (1,890)

As at 31.12.13 £bn

81.9 17.6 30.7

239.3 228.3 104.7 511.2

29.3 109.9

31.12.13 (9.6%)

16.8 (7.2%)

17.1 15.1

£m 1,498

642 153

2,293

ress in exiting RWAs, makin

May 2014

cy portfolio a

down of securarket movemeg portfolio

costs of the

rs (including settle£12.3bn (2013: £1

his does not repres

% Change(30)

22 (91)(46)

(5)

(48)(4)

(54)81

(37)22 17 61 29 54 24 43

% Change(27)(82)

(54)

and running-ng substantial

ssets and the

ities, fair valuents on certain

traded legacy

ement balances of11.1bn) (including

sent the return on

-l

e

e n

y

f g

n

Results by

Barclays PLC

Credit imexposuresin the redelinquen

Total opeheadcounTransform

Loans andto the Spa

Trading p

Derivativedriven by

Total asseand tradininstrumen

RWAs dedisposal o

Q414 comp

Total inco

Businepart o

Securgain o

Derivaon dis

Credit impgovernme

Total opereduction

Loss befo

y Business

C

mpairment chas, impairment newable ener

ncies in the mo

erating expensnt and the resm reduced 61%

d advances to anish business

portfolio assets

e financial ins decreases in m

ets decreased ng portfolio asnt assets. BCBS

ecreased £34.6of businesses,

pared to Q31

ome net of insu

esses income of the exit strat

ities and Loanon the sale of t

ative income rsposal of comm

pairment charent subsidies i

erating expensn in costs to ac

ore tax increase

arges improve releases on thrgy sector, anortgages portfo

ses improved 2sults of the p% to £212m

banks and cuss, which was h

s reduced 48%

trument assetmajor forward

8% to £471.5ssets, due to tS 270 leverage

6bn to £75.3brun-down and

4

urance claims

reduced 30% tegy

ns income redthe UAE retail b

educed 2% tomodities asset

ges improved n the renewab

ses increased chieve Transfo

ed £375m to £

ed 81% to £1he wholesale pnd improved polio

29% to £2,01reviously ann

stomers reduceld for sale, an

% to £15.9bn d

ts and liabilitie interest rates

bn with reduche run-down e exposure red

bn and periodd exit of securi

reduced 94%

to £228m pri

uced £248m banking portfo

an expense os

£15m to £2mble energy sect

£11m to £544rm to £40m (Q

£532m

31

168m due to portfolio as a rperformance

1m reflecting ounced Europ

ced 22% to £6nd a reduction

due to the sale

es increased

ced reverse repof legacy port

duced to £277

d end allocateities and loans

to £22m

imarily driven

to an expenseolio and fair va

of £64m reflect

m driven by imptor and improv

4m due to UKQ314: £130m)

the non-recuresult of confirin Europe, pr

savings from pean retail res

63.9bn due to an in Europe reta

and run-down

19% to £285

purchase agreetfolio assets, obn

ed equity decr, and derivativ

by lower fair v

e of £142m dalue losses on w

ting increased

pairment releaved performan

K bank levy of)

urrence of immation on Spaimarily due to

Transform prstructuring. In

a £12.9bn reclaail driven by a

n of legacy por

.4bn and 21%

ements and otffset by an inc

reased £5.1bnve risk reductio

value gains an

riven by the nwholesale loan

fair value loss

ses as a resultnce in Europe

f £91m (Q314

mpairments onanish governmo improved re

rogrammes, inn addition, cos

assification of run-off of ass

rtfolio assets

% to £277.1bn

ther similar seccrease in deriv

n to £11.0bn, ons

nd sale procee

non-recurrencn portfolios

ses, partially o

t of confirmati

4: £nil), partia

n single namement subsidiesecoveries and

ncluding lowersts to achieve

f loans relatingets

n respectively,

cured lending,vative financial

reflecting the

ds in Q314 as

e of a £119m

ffset by a gain

on on Spanish

lly offset by a

e s d

r e

g

,

, l

e

s

m

n

h

a

Quarterly

Barclays PLC

Barclays resAdjusted basisTotal income nCredit impairmNet operating Operating expeLitigation and cUK bank levy Costs to achievTotal operatingOther net incomAdjusted profi Adjusting itemOwn credit Provisions for PGoodwill impaiGain on US LehProvision for onrelating to ForeLoss on annouESHLA valuatioStatutory (lossStatutory (loss) Attributable toOrdinary equityOther equity hoNon-controlling Adjusted basic Adjusted cost: Basic (loss)/eaCost: income ra

Barclays CoTotal income nCredit impairmNet operating Operating expeLitigation and cUK bank levy Costs to achievTotal operatingOther net incomProfit before ta

Barclays NoTotal income nCredit impairmNet operating Operating expeLitigation and cUK bank levy Costs to achievTotal operatingOther net (expeLoss before tax

1 2013 adjus

acquisition

Results Su

C

sults by quars net of insurance

ment charges andincome enses conduct

ve Transform g expenses me/(expense) t before tax

ms

PPI and interest irment hman acquisitionngoing investigaeign Exchange nced sale of the

on revision s)/profit before )/profit after tax

o:

y holders of the olders g interests

earnings/(loss) income ratio

arnings per shareatio

ore1 net of insurance

ment charges andincome enses conduct

ve Transform g expenses me ax

on-Core net of insurance

ment charges andincome enses conduct

ve Transform g expenses ense)/income x

sted income and pr to aid comparabil

ummary

rter1

claims

d other provision

rate hedging red

n assets ations and litigat

e Spanish busine

tax x

parent

) per share

e

claims

d other provision

claims

d other provision

rofit before tax hality given its mater

Q4

6,0ns (5

5,4(3,9

(1(4(3

(4,8

5

(dress (2

tion (7

ess ((9

(1,46(1,3

(1,6

2

18

(1011

5,9ns (5

5,4(3,6

((3(2

(4,3

1,0

ns

(3(((

(5

(5

ve been restated trial nature in the cu

32

Q414 Q314 £m £m

018 6,378 573) (509) 445 5,869 942) (3,879) 140) (98) 462) - 339) (332) 883) (4,309)

1 30 563 1,590

(62) 44 200) (10)

- - - 461

50) (500)

(82) (364) 935) - 66) 1,221 81) 620

679) 379 80 80

218 161

1.3p 5.2p 81% 68% .2p) 2.4p

16% 70%

996 6,008 571) (492) 425 5,516 614) (3,557) (56) (16) 371) - 298) (202) 339) (3,775)

9 6 095 1,747

22 370 (2) (17) 20 353

329) (321) (83) (82) (91) - (41) (130)

544) (533) (8) 23

532) (157)

to exclude the Q21current year.

Q214 Q£m

6,682 6,6(538) (5

6,144 6,1(4,042) (4,1

(146) -

(254) (2(4,442) (4,4

(46) 1,656 1,6

(67) (900)

- -

-

- -

689 1,8391 1,2

161 941

189 2

5.4p 566% 61.0p 682% 6

6,397 6,2(456) (4

5,941 5,7(3,602) (3,7

(136) -

(237) (2(3,975) (3,9

27 1,993 1,8

285 3(82) 203 3

(441) (4(10)

- (17)

(468) (4(72)

(337) (1

13 £259m gain rela

114 Q413£m £m

650 6,639548) (718102 5,921130) (4,500(65) (277

- (504240) (468435) (5,749

26 19693 191

119 (95- -- (79- -

-

-

- -- -

812 17215 (514

965 (642

49 -201 128

5.5p (2.8p67% 87%6.0p (4.5p66% 89%

277 6,189481) (542796 5,647710) (4,045(43) (69

- (395216) (365969) (4,874

20 15847 788

373 450(67) (176306 274419) (456(23) (208

- (109(24) (103

466) (8766 4

154) (598

ating to assets not

3 Q313 m £m

9 6,445 8) (722) 1 5,723 0) (4,223) (7) (39) 4) - 8) (101) 9) (4,363) (49 25 1 1,385

5) (211) - - (

9) - - -

- -

- - - - 7 1,174 4) 728

2) 511 - - 8 217

p) 5.4p % 68% p) 3.8p % 70%

9 6,076 2) (554) 7 5,522 5) (3,758) (9) (18) 5) - 5) (84) 4) (3,860) (35 15 8 1,677

0 368 6) (168) 4 200 6) (464) 8) (21) 9) - 3) (17) 6) (502) 4 10 8) (292)

t yet received from

Q213 Q11£m £m

7,078 7,734(925) (706

6,153 7,0284,282) (4,734

(77) (48-

(126) (5144,485) (5,296

(122) 541,546 1,786

337 (2512,000)

- 259

-

- -

142 1,53539 1,044

(168) 839

- 207 205

6.2p 7.563% 68%

(1.2p) 6.385% 71%

6,514 6,824(558) (517

5,956 6,3073,802) (4,204

(51) (35-

(64) (1583,917) (4,397

13 432,052 1,953

564 911(367) (189197 722

(481) (529(26) (13

- (62) (356

(569) (898(135) 11(507) (165

m the US Lehman

3 m

4 6) 8 4) 8) -

4) 6) 4 6

) - - -

-

- - 5 4

9 - 5

p

% p

%

4 7) 7 4) 5) -

8) 7) 3 3

1 9) 2 9) 3) -

6) 8) 1 5)

Quarterly

Barclays PLC

Personal andPersonal Corporate Wealth Total income Credit impairmNet operating Operating expeUK bank levy Costs to achievTotal operatingOther net incomProfit before ta

Barclaycard

Total income

Credit impairmNet operating Operating expeUK bank levy Costs to achievTotal operatingOther net incomProfit before ta

Africa BankinTotal income nCredit impairmNet operating Operating expeUK bank levy Costs to achievTotal operatingOther net incomProfit before ta

Investment BInvestment BanLending Banking Credit Equities Macro Markets Banking and MOther Total income Credit impairmprovisions Net operating Operating expeUK bank levy Costs to achievTotal operatingProfit/(loss) be

Head Office

Total income/(Credit impairmNet operating Operating expeUK bank levy Costs to achievTotal operatingOther net (expe(Loss)/profit b

Results Su

C

d Corporate Ba

ment charges andincome enses

ve Transform g expenses me ax

ment charges andincome enses

ve Transform g expenses me ax

ng

net of insurance ment charges and

income enses

ve Transform g expenses me ax

Bank nking fees

Markets

ment (charges)/r

income enses

ve Transform g expenses efore tax

(expense)

ment releases income/(expenenses

ve Transform g expenses ense)/income

before tax

ummary

anking

d other provision

d other provision

claims

d other provision

releases and oth

nse)

Q4

1,092

2,2ns (1

2,1(1,2

((1

(1,4

6

1,1ns (3

7(4

((

(5

2

9ns (

8(5

((

(6

2

516144

1,01,6

1,6er

1,6(1,3

(2(

(1,6

(

(

33

Q414 Q314 £m £m

045 1,061 922 902 264 273 231 2,236 123) (129) 108 2,107 219) (1,232) (70) - 195) (90) 484) (1,322)

4 4 628 789

109 1,123 362) (284) 747 839 456) (449) (29) - (50) (32)

535) (481) 1 4

213 362

963 928 (79) (74) 884 854 591) (573) (45) - (23) (11)

659) (584) 3 2

228 272

527 410 111 137 638 547 173 255 431 395 424 470 028 1,120 666 1,667

- (2) 666 1,665

(7) (5)

659 1,660 384) (1,306) 218) - (22) (70)

624) (1,376) 35 284

27 56 - -

27 56 (19) (13)

(9) - (8) -

(36) (13) - (3)

(9) 40

Q214 Q£m

1,027 1,0889 8272 2

2,188 2,1(95) (1

2,093 2,0(1,256) (1,2

- (58)

(1,314) (1,31

780 6

1,082 1,0(268) (2814 7

(420) (4-

(23) (443) (4

25 396 3

895 8(100) 795 7

(545) (5-

(8) (553) (5

2 244 2

661 5

66 727 6270 3629 5504 5

1,403 1,42,130 2,1

24 2,154 2,1

7

2,161 2,1(1,442) (1,5

- (152) (1

(1,594) (1,6567 4

78 -

78 (76)

- 5

(71) ((1) 6

114 Q413£m £m

026 1,037879 866268 263173 2,166135) (169038 1,997298) (1,388

- (66(57) (219

355) (1,6735 3

688 327

042 1,034269) (266773 768402) (457

- (22(13) (38

415) (51710 5

368 256

878 980(96) (104782 876537) (616

- (42(9) (15

546) (6734 -

240 203

513 571103 68616 639346 231591 421552 494489 1,146105 1,785

(2) (3103 1,782

19

(6

122 1,776501) (1,606

- (236130) (71631) (1,913491 (137

81 227- 3

81 230(15) (47

- (29(7) (22

(22) (981 7

60 139

3 Q313 m £m 7 1,033 6 956 3 263 6 2,252 9) (153) 7 2,099 8) (1,318) (6) - 9) (73) 3) (1,391) (3 1 7 709

4 1,050 6) (290) 8 760 7) (455) 2) - 8) (6) 7) (461) 5 12 6 311

0 1,004 4) (101) 6 903 6) (605) 2) - 5) (2) 3) (607) - 3 3 299

1 526 8 42 9 568 1 308 1 524 4 457 6 1,289 5 1,857 3) (6) 2 1,851

6) (10)

6 1,841 6) (1,373) (6) -

) (3) 3) (1,376) (7) 465

7 (81) 3 - 0 (81) 7) (25) 9) - 2) - 8) (25) 7 (1) 9 (107)

Q213 Q11£m £m

1,018 952911 887263 274

2,192 2,113(165) (134

2,027 1,9791,378) (1,376

- (55) (37

1,433) (1,4137 30

601 596

1,030 989(272) (268758 721

(424) (450-

(5) (429) (450

7 9336 280

1,016 1,039(131) (143885 896

(597) (633-

(9) (606) (633

4 1283 264

488 575141 74629 649239 479750 602689 940

1,678 2,0212,307 2,670

(7) (72,300 2,663

10 28

2,310 2,6911,429) (1,764

- - (116

1,429) (1,880881 811

(24) 20-

(24) 20(25) (16

- 5 (5

(20) (21(5) 3

(49) 2

3 m 2 7 4 3 4) 9 6) -

7) 3) 0 6

9 8) 1 0) - -

0) 9 0

9 3) 6 3) - -

3) 1 4

5 4 9 9 2 0 1 0 7) 3

8

1 4) -

6) 0) 1

0 - 0 6) -

5) )

3 2

Performa

Barclays PLC

Returns a

Returns on aholders of thdivided by avcontrolling acalculated asdeductions, ipurposes. Thaverage in thmethod, but e For Africa Ba(together witwell as the Basame basis, bstatutory equ

Return on averPersonal and CBarclaycard

Africa Banking

Investment BanBarclays Core eHead Office imBarclays Core Barclays Non-CBarclays Group

Return on averPersonal and CBarclaycard

Africa Banking

Investment BanBarclays Core eHead Office imBarclays Core Barclays Non-CBarclays Group

1 2013 adjusacquisition

2 Return on arespectively

nce Manag

C

nd equity

verage equity e parent (adjuverage allocatnd other equi 10.5% of CRDincluding goo

he excess of ae period, is allexcludes good

nking, the equth that of the arclays’ goodwbut excludes buity.

rage equity

Corporate Bankin

nk

excluding Head mpact2

Core impact2

p adjusted total

rage tangible eqCorporate Bankin

nk

excluding Head mpact2

Core impact2

p adjusted total

sted income and pr to aid comparabilaverage equity andy. This does not rep

gement

by busines

and average usted for the tted equity or ity interests foD IV fully load

odwill and intaallocated Groulocated as negdwill and intan

uity used for reBarclays Egyp

will on acquisitboth the Barcla

ng

Office

l

quity

ng

Office

l

rofit before tax hality given its materd average tangiblepresent the return

ss

tangible equittax credit recoaverage alloc

or businesses,ded risk weightangible assets

up equity, caugative equity togible assets.

eturn on averapt and Zimbabtion of these bays’ goodwill o

ve been restated trial nature in the cue equity for Head O on average equity

34

ty are calculatorded in reservcated tangible , apart from Ated assets for s, reflecting t

used by the fuo Head Office

age equity is Babwe businessebusinesses. Thon acquisition

to exclude the Q21current year. Office and Barclaysy and average tang

ed as profit foves in respect equity for th

Africa Banking each businesshe assumptioully loaded CR. Allocated tan

arclays’ share s which rema

he tangible equ and the good

Year31

Year31

13 £259m gain rela

s Non-Core represegible equity of Hea

or the year attof coupons one period as a

g (see below). s, adjusted forns the Group

RD IV CET1 rangible equity is

of the statutoin outside theuity for return will and intang

r ended

1.12.14

%

11.9 16.0

9.3 2.7

8.9 0.3

9.2 (4.1)

5.1

r ended

1.12.14

%

15.8 19.9 12.9

2.8

10.8 0.5

11.3 (5.4)

5.9

ating to assets not

ents their impact oad Office or the No

tributable to on other equity

appropriate, ex. Allocated eqr CRD IV fully p uses for caatio being bels calculated u

ory equity of the BAGL corpor on tangible egibles held wi

t yet received from

on Barclays Core aon-Core business.

rdinary equityy instruments)xcluding non-uity has beenloaded capitalpital planningow 10.5% onsing the same

he BAGL entityrate entity), asquity uses thethin the BAGL

Year ended 31.12.131

% 9.7

15.5 8.1 8.2 9.7 1.6

11.3 (7.2) 4.1

Year ended 31.12.131

% 12.7 19.9 11.3

8.5 11.6

2.8 14.4 (9.6) 4.8

m the US Lehman

and the Group

y ) -n l

g n e

y s e L

Performa

Barclays PLC

Profit/(loss) atparent2

Personal and CBarclaycard

Africa Banking

Investment BanHead Office

Barclays Core

Barclays Non-CBarclays Group

Average AllocaPersonal and CBarclaycard

Africa Banking

Investment BanHead Office3

Barclays Core

Barclays Non-CBarclays Group

Average AllocaPersonal and CBarclaycard

Africa Banking

Investment BanHead Office3

Barclays Core

Barclays Non-CBarclays Group

Period End AlloPersonal and CBarclaycard

Africa Banking

Investment BanHead Office3

Barclays Core

Barclays Non-CBarclays Group 1 2013 adjuste

acquisition t2 The profit af

across the bshareholdersin reserves o

3 Includes riskshareholders

nce Manag

C

ttributable to or

Corporate Bankin

nk

Core

p adjusted total

ated Equity

Corporate Bankin

nk

Core

p adjusted total

ated Tangible ECorporate Bankin

nk

Core

p adjusted total

ocated Equity

Corporate Bankin

nk

Core

p adjusted total

ed income and prto aid comparabilitfter tax attributabbusinesses. The ns’ equity and retur

of £54m (2013: £nk weighted assetss’ equity.

gement

rdinary equity h

ng

l

ng

l

quity

ng

l

ng

l

rofit before tax havty given its materiale to other equity

net amount of £19rn on average shail).

s and capital dedu

holders of the

ve been restated tal nature in the cur holders of £250m96m, along with reholders’ equity. H

uctions in Head O

35

to exclude the Q2urrent year. m (2013: £nil) is off

NCI, is deducted Hence, 2014 attrib

Office, plus the re

Y

Y

Y

Y

13 £259m gain rel

ffset by a tax credifrom profit after butable profit of £

sidual balance of

Year ended

31.12.14

£m

2,075

943

360

415

112

3,905 (1,072)

2,833

Year ended

31.12.14

£bn

17.5 5.9 3.9

15.4 (0.4)

42.3 13.4

55.7

Year ended

31.12.14

£bn

13.1 4.7 2.8

14.6 (0.6)

34.6 13.2

47.8

Year ended

31.12.14

£bn

17.9 6.2 4.0

14.7 2.1

44.9 11.0

55.9

lating to assets no

it recorded in resetax in order to ca2,779m has been

f ordinary shareho

ot yet received fro

erves of £54m (20alculate return on adjusted for the t

olders’ equity and

Year ende31.12.13

£

1,688235

1,30(8

4,07(1,892,18

Year ende31.12.1

£b17.

5.4.

15.(7.35.17.53.

Year ende31.12.1

£b13.

4.3.

15.(7.28.16.45.

Year ende31.12.1

£b17.

5.3.

14.(2.39.15.54.

m the US Lehman

13: £nil) allocatedn average tangibleax credit recorded

tangible ordinary

ed 31

£m

81 22 56 08 9)

78 0)

88

ed 13 bn .3 .3 .4 .9 0) .9 .1 .0

ed 13 bn .2 .1 .2 .3 4) .4 .8 .2

ed 13 bn .3 .4 .8 .6 1) .0 .1 .1

n

d e d

y

Performa

Barclays PLC

Margins a 

Personal and CBarclaycard Africa Banking Total PersonalBarclaycard anInvestment BanHead Office anBarclays Core Barclays Non-CTotal Net Inter

Total PCB

- An inc

Barcla - Net in

the rispartia

Group net

(2013: £1was offseenvironm

Quarterly an

Personal and CBarclaycard Africa Banking Total Personal Personal and CBarclaycard Africa Banking Total Personal

 Personal and CBarclaycard Africa Banking Total Personal

 Personal and CBarclaycard Africa Banking Total Personal  

nce Manag

C

and balanc

Corporate Bankin

and Corporate

nd Africa Bankinnk d Other Operati

Core rest Income

B, Barclaycard a

crease in averaaycard, partiall

terest margin se in the Southlly offset by a

t interest inco.6bn). Equity s

et by lower proment

nalysis for P

Corporate Bankin

and Corporate

Corporate Bankin

and Corporate

Corporate Bankin

and Corporate

Corporate Bankin

and Corporate

gement

ces

ng

Banking, ng

ions

and Africa Ban

age customer ay offset by red

increased 6bph African bencdecrease in Ba

me increased tstructural hedg

oduct structura

CB, Barclayc

ng

Banking, Barcla

ng

Banking, Barcla

ng

Banking, Barcla

ng

Banking, Barcla

Net InterInco

6,2 3,0 2,0

11,4

6(2

11,8 2

12,0

nking net inter

assets to £280ductions in Afr

ps to 4.08% prhmark interest

arclaycard due

to £12.1bn (20ge income incal hedges drive

card and Afri

aycard and Afri

aycard and Afri

aycard and Afri

aycard and Afri

36

 Year ended 31

rest ome

AveraCustom

Ass£m £

298 210,0044 34,7093 35,15

435 279,95

647 16)

866 214 080

rest income inc

0.0bn (2013: £rica Banking as

rimarily due tot rate and the

e to the impact

013: £11.6bn)reased as the

en by the main

ica Banking

ica Banking

ica Banking

ica Banking

ica Banking

 .12.14

age mer ets

Net IntereMarg

£m 26 3.076 8.753 5.9

55 4.0

creased 4% to

£272.6bn) withs the ZAR depr

higher savingfavourable imt of promotion

) including struweighted aver

ntenance of th

 

 Y

est gin

Net IntereIncom

% £00 5,8975 2,8295 2,24

08 10,96

39(6

11,29 30

11,60

o £11.4bn due

h growth in PCreciated agains

s margins in Ppact of higher

nal offers and a

uctural hedge crage life of the e hedge in a co

Quart

Net Interest Income

£m 1,619

757 546

2,922

Quart 1,622

787 540

2,949  

Quart 1,529

754 504

2,787  

Quart 1,528

746 503

2,777

 Year ended 31.1

est me

AveragCustom

Asse£m £93 202,4929 31,4545 38,64

67 272,59

93 67) 93 07 00

to:

CB mortgages ast GBP

PCB and in Afrir deposit marga change in pr

contributions e hedge was exontinuing low

ter ended 31.12Average

Customer Assets

£m 212,444

36,932 36,465

285,841

ter ended 30.09 210,859

35,308 35,026

281,193  

ter ended 30.06 209,040

33,904 34,660

277,604  

ter ended 31.03 207,433

32,911 34,488

274,832

 12.13 ge er

ets

Net InteresMargi

m %7 2.919 8.990 5.81

6 4.02

and

ica following ins. This was oduct mix

of £1.6bn xtended. This rate

2.14

Net Interest Margin

% 3.02 8.13 5.94 4.06

.14

3.05 8.84 6.12 4.16

.142.93 8.92 5.83 4.03

.142.99 9.19 5.91 4.10

st in

% 1 9 1

2

Performa

Barclays PLC

Remunera Deferred boncreates a timiwhich are reccompensatio

Incentive awarCurrent year boDeferred bonusCommissions, incentives

Total incentive

Reconciliation to income statLess: deferred byear

 

Add: current yebonuses from pOther2

Income statemcosts

Other income Salaries3

Social security Post retirementAllowances andOther compensTotal compens Other resourci

Total staff cost

CompensationCompensation

For further de

           1 Investment

Investment B2 Difference be3 Salaries inclu4 In addition, £5 Other resour

nce Manag

C

ation

uses are payaing difference conciled in then and staff cos

rds granted

onus

s

commitments a

e awards grante

of incentive awtement charge:

bonuses granted

ear charges for dprevious years

ment charge for

statement char

costs

t benefits

d trading incentsation costs

sation costs4

ing costs5

ts

n as % of adjusten as % of adjuste

etail on remun

Bank other compBank but charged etween incentive aude role based pay£250m of Group crcing costs include

gement

ble only once between the c table below tosts.

and other

ed

wards granted

d in current

deferred

performance

rges:

tives

ed net income ed income

neration refer t

pensation costs in to other businesseawards granted any and fixed pay alloompensation (201

e outsourcing, redu

an employee mcommunicatioo show the ch

BYear ended

31.12.14

£m

885 757

218

1,860

(757)

1,067

(108)

2,062  

  4,998

659 624 170 378

8,891

2,114

11,005

37.7%34.6%

to the Remune

cluded allocationses and charges fromnd income statemeowances. 13: £346m) was caundancy and restru

37

meets certain con of the bonuarge for perfo

Barclays Group

Year ended 31.12.13

£m

957 1,140

281

2,378

(1,140)

1,147

169

2,554

4,981

715 688 211 467

9,616

2,539

12,155

38.7% 34.5%

eration Report

s from Head Officom other businesseent charge for com

apitalised as internructuring costs and

conditions, incs pool and thermance costs.

% Change

8 34

22

22

34

7

19

- 8 9

19 19

8

17

9

on pages 77-1

ce and net rechares to the Investmenmmissions, commit

nally generated sofd other temporary

cluding a specie charges that The table also

InYear ended

31.12.14 £m

381 634

38

1,053

(634)

854

12

1,285

1,749 268 120 64 134 3,620 466

4,086

47.6% 47.7%

110 of the Ann

rges relating to cnt Bank. tments and other l

ftware. staff costs.

ified period ofappear in the

o shows the ot

nvestment Bankd Year ended 4 31.12.13

m £m

411 921

46

1,378

) (921)

933

99

1,489  

1,787 294 151 86 171 3,978 530

4,508

% 46.2% % 46.3%

 

 

nual Report

compensation cos

long-term incentiv

f service. This income statemther elements

k1 % Change

7 31

17

24

31

8

88

14

2 9 21 26 22 9 12

9

ts incurred in the

ves.

ment of

e

Performa

Barclays PLC

Deferred bontable that foll

Year in whic

Barclays GroupDeferred bonusDeferred bonusDeferred bonusDeferred bonusIncome statem

Investment BaDeferred bonusDeferred bonusDeferred bonusDeferred bonusIncome statem                                  1 The actual a2 Does not inc

nce Manag

C

nuses have beeows:

ch income st

p

ses from 2011 ases from 2012 bses from 2013 bses from 2014 b

ment charge for

nk

ses from 2011 ases from 2012 bses from 2013 bses from 2014 b

ment charge for

amount charged declude the impact of

gement

en awarded an

tatement cha

and earlier bonubonus pool bonus pool bonus pool

deferred bonus

and earlier bonubonus pool bonus pool bonus pool

deferred bonus

epends upon whetf grants which will

nd are expecte

arge is expec

s pools

ses

s pools

ses

ther conditions havl be made in 2015

38

ed to be charg

cted to be ta

ve been met and w5 and 2016.

ed to the inco

ken for defeActual

Year ended31.12.13

£m

621

526 - -

1,147

480

453 - -

933

will vary compared

me statement

rred bonuse

Year ended 31.12.14

£m 202 286 579

- 1,067

172 226 456

- 854

d with the above ex

t in the years o

es awarded toExpec

Year ended 31.12.15

£m 18

106 294 421 839

15 84

232 362 693

xpectation.

outlined in the

o date1 cted2

2016 and beyond

£m -

15 145 304 464

- 12

113 249 374

e

Funding R

Barclays PLC

Whilst Barclaseparately atotherwise, alrequirements

Liquidity s

Barclays manregulatory meRatio (LCR). Athe 30 day Ba

Compliance

Eligible liquidityNet stress outfSurplus

Liquidity pool Liquidity pool

During the perequirementsBarclays Bank

Barclays planconsidering rlead to appro

Barclays estimby the BCBS i

1 Of the three compares to

Risk - Liqui

C

ays has a cot Barclays Afrl disclosures i

s, BAGL liquidit

stress testi

nages the Groetrics, such asAs at 31 Decemarclays-specific

e with intern

y buffer

flows

as a percentageas a percentage

eriod, the Grous which positik PLC’s credit r

ns to maintairisks to markeopriate actions

mated its Net Sn October 201

stress scenarios mo 135% (2013: 127

idity

mprehensive rica Group Lin this sectionty risk is mana

ing

oup’s liquidity s the Individuamber 2014, thc LRA and the

al and regula

e of anticipatede of anticipated

up strengtheneon it well forratings.

n its surplus et funding con being taken w

Stable Funding14.

monitored as part o7%) under the 90 d

framework fomited (BAGL) exclude BAG

aged on a cons

position againal Liquidity Guie Group held e LCR.

atory stress t

net outflows as net outflows as

ed its liquidity r potential rat

to the internditions and its

with respect to

g Ratio (NSFR)

of the LRA, the 30 day market-wide s

39

or managing ) due to loca

GL and they arsistent basis to

nst the Groupidance (ILG) peligible liquid a

tests

s at 31 Decembs at 31 Decemb

position, buildting changes

nal and regulas liquidity pos

o sizing of the l

) at 102% (20

day Barclays specscenario and 127%

the Group’s al currency anre reported ono Barclays Gro

p’s internally dprovided by theassets in exces

ber 2014

ber 2013

ding a larger sas credit ratin

atory stress reition. The coniquidity pool.

013: 94%) bas

cific scenario result% (2013: 112%) un

liquidity risks,nd funding ren a stand-alonup.

defined Liquidie PRA, and thess of 100% of

Barclays

(30 day Barspe

requirem

(

11

urplus to its inng agencies a

equirements antinuous reass

ed on the fina

ts in the lowest ratnder the 30 day co

, liquidity riskequirements. ne basis. Adju

ity Risk Appete CRD IV Liqui net stress out

s' LRA rclays

pecific ment)1

Estim

£bn

149

(120)

29

124%

104%

nternal and regassess sovereig

at an efficienessment of th

al NSFR guideli

tio at 124% (2013ombined scenario.

k is managedUnless statedsting for local

tite (LRA) andidity Coveragetflows for both

mated CRD IV LCR

£bn

153

(123)

30

124%

96%

gulatory stressgn support in

t level, whilsthese risks may

ines published

3: 104%). This

d d l

d e h

s n

t y

d

Funding R

Barclays PLC

Liquidity p

As at 31.12.20Cash and depo Government bAAA rated

AA+ to AA- ratOther governmTotal Governm Other

Supranational bAgencies and aCovered bondsOther Total other Total as at 31 DTotal as at 31 D

The Group liq£134bn to £liquidity pool

Barclays manwas located ipool is held pheld against e

Deposit fu

Funding of loa(including BAG Personal and CBarclaycard

Africa Banking

Non-Core (retaTotal Retail fun Investment BanTotal

PCB, Barclaycfor these busfund liquiditynot rely on unchanged at

As at 31 DeServices Com£3bn) of othe

1 £122bn (20

PRA’s annou2 The LCR-elig

2B assets as3 Of which ove

Bank. 4 Of which ove

Risk - Liqui

C

pool

014

osits with centra

onds4

ted ment bonds ment bonds

bonds and multagency mortgags (rated AA- and

December 2014December 2013

quidity pool w156bn (2013: is held unencu

nages the liquin Barclays Ban

predominantly entity-specific

nding

ans and advanceGL)

Corporate bankin

ail)

nding

nk, Non-Core (w

card, Africa Basinesses was 8y buffer requirecustomer dept 100% (2013

cember 2014mpensation Scher liabilities ins

13: £104bn) of theuncement in Augusgible assets presens defined by CRD IVer 95% (2013: ove

er 95% (2013: ove

idity

al banks3

tilateral developmge-backed securd above)

4

3

was £149bn at : £127bn to £umbered and

dity pool on ank PLC and wa within Barclay stressed outfl

es to customers

ng

wholesale) and o

anking and No89% (2013: 91ements for thposit funding : 101%).

, £128bn (20heme and othesured or guara

e liquidity pool is Pst 2013 that certanted in this table rV . er 95%) was place

er 85%) are compr

ment banks

ities

year end (201£157bn), and is not used to

centralised baas available to ys Capital Inc (ows and regu

s

other

on-Core (retail1%). The custoese businesse from these b

13: £122bn) er similar schenteed by gove

PRA eligible as perin assets specified

represent only thos

ed with the Bank o

rised of UK, US, Jap

40

Liquidpo

31.12.20

£ 3

7 1

8

1

2

14 12

13: £127bn). Dthe month-en support paym

asis. As at 31 meet liquidity(BCI). The portlatory requirem

Loans anadvances t

customer£b

21 3 35 20

309

119 428

l) are largely fomer deposits

es. The Investmbusinesses. T

of total custoemes. In additiernments.

r BIPRU 12.7. In add by PRA as Level 2se assets which ar

of England, US Fed

panese, French, Ge

ity ool 14

Liquiditpool o

which PReligible

bn £b37 3

73 712 1 -

85 83

9

11 3 4

27 3

49 1227 104

During 2014, tnd average ba

ment or clearing

December 201y needs acrosstion of the liquments.

As at 31.12.2nd to rs

Custdep

bn

7 7 5 0

9

9

8

funded by cuss in excess of ment Bank is fhe loan to de

omer depositson to these cu

ddition, there are £2 assets can be usere also eligible for

deral Reserve, Euro

erman, Danish, Sw

ty of

RA e1

Liquidity pCRD IV LC

Level 1bn £bn6 34

2 731 12 - -3 85

3 9 - 5 - 3 - -3 17

2 1364 109

the month-endalance was £1g requirement

14, 92% (2013 the Barclays G

uidity pool out

2014

omer posits

Loan to

£bn 299

7 35

8 349

79 428

tomer depositloans and adv

funded with weposit ratio fo

were insuredustomer depos

£12bn (2013: £9bned on a transitiona the Group liquidity

opean Central Bank

wiss and Dutch secu

pool of which CR-eligible2

1 Level 2An £bn4 2

3 - 2 - - - 5 -

9 - 5 5 3 - - - 7 5

6 7 9 11

d liquidity poo45bn (2013:

ts.

3: 90%) of theGroup. The restside of Barclay

A

o deposit ratio

L

%

89%

100%

ts. The loan tovances are prim

wholesale liabilfor the Group

d through thesits, there wer

n) of Level 2 assetal basis. ty pool and do not

nk, Bank of Japan a

urities.

Liquidity pool

31.12.2013

A

n £bn

43

52 9 1

62

3 10 6 3

22

ol ranged from£144bn). The

e liquidity poolsidual liquidityys Bank PLC is

s at 31.12.13

Loan to deposit ratio

%

91

101

o deposit ratiomarily used toities and does

p was broadly

e UK Financiale £4bn (2013:

ts available, as per

t include any Level

and Swiss National

m e

l y s

o o s y

l :

r

l

l

Funding R

Barclays PLC

WholesaleCompositioTotal wholes£82bn) of wh

Outstanding unsecured fu

In preparatiounsecured fusenior unsecu

Maturity profunding1

Barclays PLC

Senior unsecurSubordinated lBarclays Bank Deposits from Certificates of DAsset Backed CSenior unsecurSenior unsecurCovered bondsSubordinated lOther4

Total as at 31 DOf which secuOf which unseTotal as at 31 DOf which securOf which unsec

Outstanding notes are issrequirement,

The average m

Term financThe Group is£6bn throughmaturing in 2

The Group exby type, curre

Credit ratThe credit rareflect the hisrating agenci

In line with thSwiss bank ndowngrade oextraordinaryof most UK, Gbranches, theassess how th1 The compos

and SubordinEngland’s Fu

2 Term fundinsubordinated

3 Includes stru4 Primarily com5 Includes £1b

Risk - Liqui

C

e funding n of wholesa

sale funding oholesale fundin

wholesale funding.

on for a Singleunding out of Bured debt out

ofile of whol

red (Public benciabilities

PLC

Banks

Deposit and ComCommercial Papred (Public bencred (Privately plas/ABS

iabilities

December 2014red

ecured

December 2013

red

cured

wholesale funsued through the liquidity p

maturity of wh

cing sued £15bn (2h participation

2015 and £13b

xpects to contiency and distri

ings atings of moststoric propenses have comm

his intent, on 3non-operating of Barclays Py government German and Ae counterparthe legislative bsition of wholesale inated Liabilities, eunding for Lendingng maturities compd debt where the ouctured notes of £3mprised of fair valubn of bilateral secu

idity

ale funding

outstanding (eng matures in

unding compr

e Point of EntBarclays PLC, tof Barclays PL

lesale

chmark)

mmercial Paper

per

chmark)

aced)3

4

nding includesa variety of d

pool exceeded

holesale fundin

2013: £1bn) on in the Bank bn in 20165.

inue issuing puibution channe

t financial instsity for govern

municated thei

3 February 20 holding compLC by two nsupport to its

Austrian bank oies for custom

bail-in powers funds comprises t

excluding cash collg Scheme. Includedprise public benchmoriginal maturity o35bn, £9bn of whiue deposits £5bn a

ured funding in 20

excluding repless than one y

rised of £33b

try resolution the holding coC over time.

≤ 1 month mo

£bn

-

-

9.2 0.8 1.0

-

0.6 2.7

-

2.5

16.8 25.3

11.5

20.3

4.6 15.7

s £45bn (2013distribution chwholesale fun

ng net of the li

f term funding of England’s

ublic wholesalel.

titutions, inclunments to supr intention to r

15, S&P took apanies, includinnotches to BB senior creditooperating commer and client may operate fthe balance sheet rateral and settlem

d within deposits frmark and privately

of the instrument wich matures withinand secured financ15 and £1bn in 20

41

urchase agreeyear of which

bn (2013: £3

model, Barclaompany. The G

1-3 onths

3-6 months

£bn £bn

- - - -

5.7 0.9 5.6 7.8 4.4 0.2 2.0 0.7 1.8 3.3 2.0 0.7 0.1 - 1.6 0.8

23.2 14.4 7.8 1.7

15.4 12.7 24.0 15.5

3.7 1.4 20.3 14.1

3: £50bn) of phannels includnding maturing

iquidity pool w

g net of early rFunding for L

le debt in 2015

uding Barclayspport systemicremove part o

action to remong Barclays PLBB/A-2 with ors is now unl

mpanies, includt relationshipsfor bank opera reported Deposits

ment balances. It dofrom banks are £1by placed senior unswas more than 1 yen one year. cing of physical go

016.

ements) was £22bn2 (2013

5bn) secured

ays has starteGroup expects

6-9 months

9-mont

£bn £

- -

0.5 06.0 4

- 1.1 3.8 21.6 0

- 0.5 1

13.5 71.9 0

11.6 715.9 6

3.5 012.4 5

privately placeding intermedig in less than o

was at least 105

redemptions dLending Schem

5, in order to m

s, currently becally importantr all of this sup

ove governmeLC, the holdingstable outlooikely. S&P also

ding Barclays Bs, on ‘CreditWating companie from Banks, Finanoes not include colbn of liabilities drasecured notes, covear.

old £5bn.

£171bn (2013: £23bn) relate

funding and

ed to issue des to refinance

12 ths ≤ 1 year bn £bn

- - - -

0.3 16.6 4.0 24.2

- 5.6 - 3.8

.0 11.5 0.2 7.2

- 0.1 .0 6.4 .5 75.4 .3 17.0 .2 58.4

6.3 82.0 0.7 13.9

.6 68.1

d senior unsecaries and priv

one year by £7

5 months (201

during 2014. Inme. Barclays h

maintain a stab

enefit from sovt banks. As regpport over time

ent support nog company ofk as they beo placed the loBank PLC (A/A

Watch with neges in practice. ncial liabilities at Fallateral swaps, inclwn in the Europea

vered bonds/asset

3: £186bn). tes to term fun

d £138bn (20

ebt capital an most debt cap

1-2 years

2-5years

£bn £bn

- 1.3 - -

0.2 0.1 0.6 2.0

- -2.7 7.9 7.2 13.3 2.2 7.5

2.9 1.1 1.6

14.0 36.6 2.7 7.6

11.3 29.0 27.1 33.8

7.3 6.5 19.8 27.3

cured notes invate banks. A74bn (2013: £4

13: 69 months

n addition, thehas £23bn of

ble and diverse

vereign suppogulation has ee.

otches from cef Barclays. Thiselieve that theong- and shorA-1) and its sugative implica

Fair Value, Debt Secluding participatioan Central Bank’s 3t-backed securities

£75bn (2013:nding.

013: £151bn)

d term seniorpital and term

5 s

≥ 5 years To

n £bn £

0.8 0.8

0.2 1 0.6 2- - 5.1 1 12.6 44 6.0 2 16.7 1 2.6 1 45.4 17 6.0 33 39.4 13 42.6 18 7.2 3 35.4 15

n issue. Theselthough not a45bn).

s).

e Group raised term funding

e funding base

ort notches toevolved, credit

ertain U.K. ands resulted in ae prospect ofrt-term ratingsubsidiaries andations’ as they

curities in Issue on in the Bank of 3 year LTRO. s (ABS) and

:

)

r m

otal £bn

2.1 0.8

7.1 7.4 5.6 9.5 4.6 2.9 9.7 1.7 1.4 3.3 8.1 5.5 4.9 0.6

e a

d g

e

o t

d a f s d y

Funding R

Barclays PLC

CRD IV ca

The Capital (collectively kPRA’s rulebooas certain asadopted by interpretation

Capital ratioFully Loaded CPRA TransitionPRA TransitionPRA Transition

Capital resoShareholders' Less other equAdjustment to Minority intere Other regulatoAdditional valuGoodwill and inDeferred tax asFair value reserExcess of expecGains or lossesOther regulatoDirect and indiFully loaded CRegulatory adjuPRA Transition Additional TierCapital instrumQualifying AT1Less instrumenOther regulatoTransitional AdPRA Transition Tier 2 (T2) capCapital instrumQualifying T2 cLess instrumenOther regulatoPRA Transition Risk weighted 1 The CRD IV C

of transition2 The PRA tran3 As at 31 Dec

capital was £applying the

Risk - Capit

C

apital

Requirementsknown as CRDok, including tpects of CRD the European

n of the curren

os ommon Equity T

nal Common Equnal Tier 12,3 nal Total Capital2

ources equity (excludinity instruments retained earning

ests (amount al

ory adjustmentsue adjustments (ntangible assetsssets that rely onrves related to gcted losses over

s on liabilities at ry adjustments rect holdings byET1 capital ustments relatinnal CET1 capital

r 1 (AT1) capitaments and related

capital (includints issued by subry adjustments dditional Tier 1 nal Tier 1 capita

pital ments and relatedcapital (includingnts issued by subry adjustments

nal Total regulat

assets

CET1 ratio (FSA Oal CRD IV CET1 cansitional capital iscember 2014, Barc£61,763m and the

e transitional provis

tal

s Regulation (D IV) on 1 Januthe implement IV are depenn Commissio

nt rules.

Tier 1 uity Tier 11,2

2,3

ng non controll(recognised as Ags for foreseeab

lowed in conso

s and deduction(PVA)

s n future profitabains or losses on

r impairment fair value result y an institution o

ng to unrealised l

al d share premiumng minority intebsidiaries subjecand deductions capital

al

d share premiumg minority interebsidiaries subjecand deductions tory capital

ctober 2012 transapital and £402bn based on guidancclays’ fully loaded Te fully loaded total sions set out in CR

(CRR) and Cauary 2014. Thtation of transdent on final n and the P

ing interests) pAT1 capital)

ble dividends

lidated CET1)

ns:

bility excluding tn cash flow hed

ing from own cr

of own CET1 inst

gains

m accounts erests) issued byct to phase out

m accounts ests) issued by sct to phase out

itional statement) RWAs. ce provided in poliTier 1 capital was capital ratio was

RD IV and assessing

42

apital Requiree rules are sup

sitional rules. H technical stan

PRA. All capit

per the balance s

temporary differges

redit

truments

y subsidiaries

subsidiaries

) as applicable to B

icy statement PS 7 £46,020m, and th15.4%. The fully-l

ng compliance of A

ments Directipplemented byHowever, rulesndards and cltal, RWA and

sheet

rences

Barclays’ Tier 2 Con

7/13 on strengthenhe fully loaded Tierloaded Tier 1 capit

AT1 and T2 instrum

ve implementy Regulatory Ts and guidancarifications to

d leverage ca

As at

31.12.14

10.3%

10.2%

13.0%

16.5%

£m

59,567 (4,322)

(615)

1,227

(2,199)

(8,127)

(1,080)

(1,814)

(1,772)

658

(45)

(25)

41,453 (583)

40,870

4,322

6,870

- -

11,192

52,062

800

13,529

- (48)

66,343

401,900

ntingent Capital N

ning capital standa 1 ratio was 11.5%tal and total capita

ments against the r

ted Basel 3 wTechnical Stance are still subjo be issued byalculations ref

As at

30.09.14 10.2% 10.0% 12.9% 16.4%

£m 59,571 (4,317)

(787)

1,182

(2,641) (7,953)

(945) (617)

(1,914) 581 (88) (27)

42,045 (604)

41,441

4,317 7,549 (106)

(6) 11,754 53,195

771 13,856

- (93)

67,729

412,892

Notes was 12.3% b

ards published in D%. Fully loaded total measures are carelevant criteria in

within the EUdards and theject to changey the EBA andflect Barclays’

As at

31.12.13 9.1% 9.1%

11.3% 15.0%

£m 55,385 (2,063)

(640)

1,238

(2,479) (7,618) (1,045)

(270) (2,106)

600 (119) (496)

40,387 (180)

40,207

2,063 9,726

(1,849) -

9,940 50,147

- 16,834

(522) (12)

66,447

442,471

based on £49.6bn

December 2013. tal regulatory alculated without CRD IV.

U e e d ’

Funding R

Barclays PLC

Movemen

Opening CET1 (Loss)/profit foMovement in oMovement in dRetained regul Movement in rMovement in aMovement in cMovement in rOther reserves Movement in o Minority intereAdditional valuGoodwill and inDeferred tax asExcess of expecDirect and indiOther regulatoMovement in r Closing CET1 c

The fully increase iRWAs to towards tJanuary 2

Material m

- a £1.2

- a £0.6USD a

- a £0.4

A £0.6bnholdings o£0.5bn inadjustme

Transitioncumulativdecreasessubordina

Risk - Capit

C

nt in fully lo

capital

or the period

own credit dividends latory capital ge

eserves - net imavailable for salecurrency translatetirement benef movements other qualifying

sts

ue adjustments (ntangible assetsssets that rely oncted loss over imrect holdings byry adjustments regulatory adjus

capital

loaded CRD in CET1 capita £401.9bn. Ththe 2016 Tran015, the fully l

movements in

2bn decrease r

6bn increase dagainst GBP;

4bn increase d

n increase dueof own CET1

ncrease in the dnt to the balan

nal total capitave callable pres were offset ated notes

tal

oaded Com

enerated from e

mpact of share awe reserves tion reserves fits

g reserves

(PVA) s n future profitabmpairment y an institution o stments and de

IV CET1 ratioal of £1.1bn tohe improvemensform targetloaded CRD IV

CET1 capital i

recognised for

due to movem

ue to gains in

e to lower reginstruments, £deduction for nce sheet valua

al decreased beference shareby the increas

mmon Equ

earnings

wards

bility excluding t

of own CET1 inst

ductions:

o increased sio £41.5bn, aftent reflects prot in excess of V CET1 ratio w

ncluded:

dividends paid

ments in the c

the available f

gulatory adjus£0.3bn for exp goodwill and ation of the ES

y £0.1bn to £6es and €1bn cse in fully load

43

ity Tier 1 (

those arising fro

truments

gnificantly duter absorbing ogress made 11%. Includi

would have inc

d and foreseen

currency trans

for sale reserve

stments and dpected loss ove intangibles. TSHLA portfolio

66.3bn largelycallable fixed/ded CET1 cap

(CET1) cap

m temporary dif

uring the perio £3.3bn of adjin execution ong the sale oreased to 10.5

n;

lation reserve

e; and

deductions, wer impairmenthe reduction i

o

y due to capita/floating rate ital and a T2

pital

fferences

od to 10.3% justing items, of the Group sf the Spanish

5% as at 31 De

primarily driv

with decreasedt and £0.3bn fn PVA results

al redemptionssubordinated capital issuan

Three months

ended

31.12.14 £m

42,045

(1,599)

77 (55)

(1,577)

171

(24)

718

(145)

(100)

620

45 442

(174)

(135)

142

2 43

365

41,453

(2013: 9.1%) and a £40.6bstrategy and g

h business, coecember 2014

ven by the stre

d deductions for PVA, partia principally fro

s in the period notes (T2 ca

nce of $1.25bn

Twelve months

ended

31.12.14 £m

40,387

76 58

(1,228) (1,094)

706 414 560 205

(329) 1,556

(11) 280

(509) (35) 334 471

74 604

41,453

reflecting anbn decrease ingood progressmpleted on 2

engthening of

of £0.5bn forally offset by aom the £0.9bn

d of €1bn non-apital). Thesen of fixed rate

n n s 2

f

r a n

-e e

Funding R

Barclays PLC

Risk weig

As at 31 DecemPersonal and CBanking Barclaycard Africa Banking Investment BanHead Office Total Core Barclays Non-CTotal risk weig

As at 31 DecemPersonal and CBanking Barclaycard Africa Banking Investment BanHead Office Total Core Barclays Non-CTotal risk weig

Movemen

As at 1 JanuaryBook size Acquisition andBook quality Model updatesMethodology aForeign exchanOther

As at 31 Decem

RWAs dec

- Book partia

- Acquibusine

- Book q

- Modeassess

- Methoassets

- Foreigoffset

1 RWAs in re2 RWAs in re3 Foreign exc

Risk - Capit

C

hted asset 

mber 2014 Corporate

nk

Core ghted assets

mber 2013

Corporate

nk

Core ghted assets

nt analysis

y 2014

d disposals

s and policy nge movements

mber 2014

creased £40.6

size decreaselly offset by gr

sitions and dess, completed

quality decrea

l updates incsing the proba

odology and ps

gn exchange m by the apprec

elation to default fuelation to CVA are change movement

tal

ts by risk ty

Credit r Std

£m

32,657

15,910

9,015

5,773

506

63,861 10,679

74,540

30,750

14,357

7,435

3,681

251

56,474 19,120

75,594

of risk we

3

bn to £401.9b

d £17.4bn drirowth in loans

isposals decred on 2 January

sed £5.3bn du

creased £11.9ability of count

policy decrease

movements dciation of USD

und contributions aincluded in markets do not include m

ype and bu

risk C

IRB £m

70,080

18,492 21,794 36,829

2,912 150,107

19,416 169,523

71,635

15,676 21,807 33,215

7,760 150,093

29,677 179,770

ighted ass

bn reflecting th

iven by tradin and advances

eased £14.5bny 2015, would

ue to improvem

bn, primarily terparty defaul

ed £12.9bn du

ecreased £1.5 against GBP

are included in cout risk.

movements for cou

44

usiness

Counterparty crrisk1

Std £m

238

- 10

13,739 1234

14,221 13,023 1

17,244 3

174

- 9

11,200 1411

11,794 25,152 2

16,946 4

sets

Credit Crisk £bn

255.4 14.4

(12.9) (4.4)

6.0 (10.6)

(0.5)

(3.4)

244.0

he following:

ng book risk rs to customers

n primarily drhave decrease

ments in unde

driven by thlt

ue to regulatory

5bn due to th

unterparty credit r

unterparty credit ri

redit

IRB £m

1,049

- 562

11,781 1862

13,454 1918,406 231,860 21

649

- 529

19,511 211,747 3

22,436 2520,709 743,145 33

Counterparty credit risk1

£bn

60.1 (16.0)

(0.3) (2.1)

3.5 1.3

- 2.6

49.1

reductions wits in PCB and Ba

riven by Non-ed RWAs by a f

rlying Investm

e implementa

y changes in t

e depreciation

risk.

isk or market risk.

Market risk2

Std IM£m £

26

- 948 5

8,179 16,47 5

9,160 17,582,236 13,01,396 30,6

57

- 494 9

1,756 16,93,612 1,35,919 19,27,819 19,73,738 38,96

Market risk2

£bn

72.7 (15.8)

(1.3) 1.2

(1.0) (3.6)

- (0.1)

52.1

thin the Investarclaycard

Core disposalfurther £5.0bn

ent Bank and

ation of a rev

he treatment o

n of ZAR and

Operationrisk

MA £m £

- 16,17

- 5,5088 5,60

480 19,6221 1,3289 48,23

088 8,4277 56,66

- 15,02

- 5,6235 6,8321 18,0956 1,0812 46,66

755 7,6467 54,31

Operational risk

£bn

54.3 - - -

3.4 -

(1.0) -

56.7

tment Bank a

ls. The sale on

PCB exposure

vised credit r

of high quality

EUR against

nal Total RWAs

£m £m

76 120,226

05 39,907 04 38,521 21 122,402 26 5,568 32 326,624 28 75,276 60 401,900

20 118,285

27 35,660 37 38,046 96 124,380 89 16,226 69 332,597 42 109,874 11 442,471

Total RWAs

£bn

442.5 (17.4) (14.5)

(5.3) 11.9

(12.9) (1.5) (0.9)

401.9

and Non-Core,

of the Spanish

e risk profiles

isk model for

y liquidity pool

GBP, partially

,

h

r

l

y

Funding R

Barclays PLC

Leverage

The leveragerequires the eratio.

In January 20The EuropeanJanuary 2015leverage ratio

At 31 Decemrequirement o

BCBS 270

Leverage expo

Accounting asDerivative finanCash collateral

Reverse repurcLoans and advaTotal IFRS asse

Regulatory con

Derivatives adjDerivatives netAdjustments toNet written crePotential FuturTotal derivativ

Securities fina

Regulatory dedWeighted off b

Total fully load

Fully loaded CEFully loaded ATFully loaded Ti

Fully loaded le

Leverage

- Loanssettlem

- SFTs dSFT ad

- Total partia

- PFincby

- Ot£4

1 Total derivat

Risk - Capit

C

ratio requ

e exposure beexposure mea

014, the Basel n Commission5. Barclays doo calculated in

mber 2014 Barcoutlined by the

0 leverage r

osure

ssets

ncial instrument

chase agreementances and otherets

nsolidation adju

justments

tting o cash collateraledit protection

re Exposure on dves adjustments

ncing transactio

ductions and otbalance sheet co

ded leverage ex

ET1 capital T1 capital

ier 1 capital

everage ratio

exposures dur

s and advancement balances

decreased £35djustments, re

derivative explly offset by an

FE on derivativcluding trade cy a change to t

ther derivative440bn and cas

tive exposures incl

tal

irements

elow has beenasure to be cal

Committee finn is implementes not believe accordance w

clays BCBS 270e Financial Pol

ratio

ts

ts

r assets

ustments

derivatives

s

ons (SFTs) adju

ther adjustmentommitments

xposure

ring Q414 dec

es and other s of £28bn and

5bn to £157bneflecting deleve

posures1 decrn increase in IF

ves decreased compressions the basis of ca

es exposures sh collateral £1

lude IFRS derivativ

n prepared in culated on a B

nalised its revting the amende that there is

with the delega

0 leverage ratilicy Committee

ustments

ts

creased by £91

assets decread a £13bn redu

n driven by a £eraging in Non

reased £8bn dFRS derivatives

£16bn to £17 and tear-ups. lculation

increased £8b3bn to £73bn

ve financial instrum

45

line with theBCBS 270 bas

vised standardsdments into ths a material dated act.

io was 3.7%, we (FPC).

A

1bn to £1,233b

sed by £52bnuction in cash

£26bn reductin-Core and a s

due to a £16s and cash col

79bn mainly du This was part

bn to £92bn dn. This was bro

ments, cash collate

e PRA’s reviseis and Barclay

s (BCBS 270) he CRR via a d

difference betw

which is in line

As at 31.12.14

£bn

440

73

132

713

1,358

(8)

(395)(53)

27 179

(242)

25

(15) 115

1,233

41.5 4.6

46.0

3.7%

bn:

n to £713bn p balances

on in IFRS reveasonal reduc

6bn reduction lateral

ue to reductiotially offset by

driven by an oadly offset by

eral and total deriv

ed Supervisorys to meet a 3%

for calculatingdelegated act wween the BCB

e with the expe

As at 30

primarily due

verse repurchation in trading

in the poten

ons in businessan increase re

increase in IF increases in a

vatives adjustment

y Statement S% end point T

g the Basel 3 which came in

BS 270 leverag

ected minimu

 

0.09.14

£bn

383

60

158

765

1,366

(8)

 

(345) 

(42) 

28  

195  

(164)  

34   

(14) 

110   

1,324  

42.0 4.6

46.6

3.5%

to a seasona

ase agreementg volumes

ntial future ex

s activity and elating to sold o

FRS derivativesallowable deriv

ts

SS3/13 whichTier 1 leverage

leverage ratio.nto force fromge ratio and a

m fully loaded

As at 30.06.14 £bn

333 60

172 750

1,315

(8)

(298) (31) 29

195 (105)

56

(10) 105

1,353

40.8 4.6

45.4

3.4%

al reduction in

ts and £9bn in

xposure (PFE),

optimisations,options driven

s of £57bn tovatives netting

h e

. m a

d

n

n

,

, n

o

Credit Ris

Barclays PLC

Analysis o

As at 31.12.14

Personal & CorAfrica Banking

Barclaycard

Barclays Core

Barclays Non-CTotal Group Re

Investment BanPersonal & CorAfrica Banking

Head Office anBarclays Core

Barclays Non-CTotal Group W

Group total

Traded Loans

Loans and advavalue

Loans and adv

Total loans and

As at 31.12.13Personal & CorAfrica

Barclaycard

Barclays Core

Barclays Non-CTotal Group Re

Investment BanPersonal & CorAfrica

Head Office anBarclays Core

Barclays Non-CTotal Group W

Group total

Traded Loans

Loans and advavalue

Loans and adv

Total loans and 1 Excludes imp2 Credit Risk L

name expos

sk

C

of loans an

4

rporate Banking

Core

etail

nk

rporate Banking

d Other Operati

Core2

Wholesale

ances designate

vances held at fa

d advances

3

rporate Banking

Core

etail

nk

rporate Banking

d Other Operati

Core

Wholesale

ances designate

vances held at fa

d advances

pairment charges Loans decreased tsure.

nd advance

1

2

2

1

ions

2

2

4

ed at fair

air value

4

1

1

2

1

ions

2

2

4

ed at fair

air value

5

on available for sato £841m (2013:

es and imp

Gross

L&A Impai

allow£m

45,114 21,334

38,376

204,824

20,259

225,083

06,377 79,622

16,312

3,240

205,551

44,699

250,250

475,333

2,693

20,198

22,891

498,224

40,742 21,586

33,024

95,352

40,867

236,219

04,468 77,674

15,793

3,072

201,007

43,691

244,698

480,917

1,647

18,695

20,342

501,259

ale investments an£3,148m) as a res

46

pairment

irment wance

L&A nImpair

£m 971 144681 20

1,815 363,467 201

428 193,895 221

44 106668 78246 16

- 3958 204

602 441,560 248

5,455 469

n/a 2n/a 20

n/a 22

5,455 492

1,325 139674 20

1,517 313,516 191

856 404,372 231

- 104701 76352 15

- 31,053 199

1,833 412,886 241

7,258 473

n/a 1n/a 18

n/a 20

7,258 494

nd reverse repurchasult of the reclass

net of ment

Crerisk lo

£m 4,143 2,00,653 1,06,561 1,7

,357 4,9

9,831 1,2,188 6,1

6,333 8,954 1,66,066 63,240 4,593 2,3

4,097 8,690 3,2

,878 9,3

2,693 0,198

,891

,769

9,417 2,70,912 1,2

,507 1,5,836 5,4

0,011 2,1,847 7,5

4,468 6,973 1,85,441 73,072 9,954 2,5

,858 3,1,812 5,7

,659 13,2

,647 8,695

,342

,001

ase agreements. ification of Spanis

edit ans

CRLs % gross L&

£m 064 1.093 5.765 4.922 2.

209 6.31 2.

71 0.630 2.665 4.

- 366 1.

841 1.207 1.

338 2.

703 1.205 5.541 4.449 2.

18 5.567 3.

- 861 2.722 4.

- 583 1.

48 7.731 2.

298 2.

sh loans now held

of &A

Loanimpairmen

charges1

% £m.4 263.1 295.6 1,183.4 1,741

.0 151

.7 1,892

.1 (14

.0 219

.1 54- -

.2 259

.9 53

.3 312

.0 2,204

.9 357

.6 388

.7 1,096

.8 1,841

.2 320

.2 2,161

- (30.4 264.6 89- (3

.3 320

.2 581

.3 901

.8 3,062

d for sale and a w

n t

1

Loan loss rates

m bps

3 18 5 138

3 308

85

75

2 84

) (1)

9 28 4 33 - -

9 13

3 12

2 12

4 46

7 25 8 180

6 332

94

0 78

91

) (3)

4 34 9 56 ) (10)

0 16

133

37

2 64

write-off of a singlee

Statemen

Barclays PLC

Each of the D

to the behave beenassets, liataken as financial s

to the bedevelopmconsolida

Signed on beh

Antony JenkiGroup Chief E

Barclays PLC Chairman Sir David Wal

t of Direct

C

Directors (the n

st of their knon prepared in

abilities, financa whole. The

statements for

st of their knoment and perfoation taken as a

half of the Boa

ns Executive

Board of Direc

lker

ors’ Respo

names of whom

owledge, the c accordance wial position ane condensed cr the year ende

owledge, the mormance of thea whole, toget

ard by

Date

ctors:

ExecutivAntony JTushar M

onsibilities

m are set out b

condensed cowith the IFRSs nd profit or losconsolidated fed 31 Decemb

management e business andther with a des

e

ve Directors Jenkins (GroupMorzaria (Grou

47

below) confirm

onsolidated fin as adopted bs of the Compfinancial state

ber 2014 includ

information (sd the positionscription of the

p Chief Executup Finance Dir

m that:

nancial statemby the Europeapany and the uments shouldded in the Ann

set out on pag of the Compae principal risk

Tushar MGroup F

ive) rector)

NonMikTimCrawReuWenJohnDamFritsSir MDianSir JStep

ents (set out an Union, giveundertakings ind be read in conual Report; an

ges 4 to 37) inany and the u

ks and uncerta

Morzaria inance Directo

n-executive Dike Ashley

m Breedon CBE wford Gillies

uben Jeffery III ndy Lucas-Buln McFarlane mbisa Moyo s van PaasscheMichael Rake ne de Saint Vicohn Sunderlan

phen Thieke

on pages 39 e a true and fancluded in theonjunction wi

nd

ncludes a fair undertakings ininties that the

or

irectors

l

en ctor nd

to 42), whichair view of the consolidationth the annual

review of thencluded in they face.

Date

h e n l

e e

Condense

Barclays PLC

Condense Continuing op

Net interest incNet fee and comNet trading incNet investmentNet premiums Other income

Total income Net claims and

Total income nCredit impairm

Net operating

Staff costs

Administration

Operating exp (Loss)/profit oand joint ventuProfit before taTax

Profit after tax Attributable to

Ordinary equityOther equity ho

Total equity hoNon-controlling

Profit after tax Earnings per s

Basic earnings/Diluted earning 1 For notes to 2 Net investme3 The profit af

amount of £

ed Consolid

C

ed consolid

erations

come mmission incom

come t income2 from insurance

d benefits incurre

net of insurancement charges and

income

n and general ex

enses

n disposal of unures

ax

x

o:

y holders of the olders

olders g interests

x

hare from conti

/(loss) per ordings/(loss) per ord

the Financial Statent income includefter tax attributab

£196m, along with

dated Fina

dated inco

me

contracts

ed on insurance

e claims d other provision

penses

ndertakings and

parent

inuing operatio

nary share3

dinary share3

tements see pageses the £461m gain

ble to other equity NCI, is deducted f

ancial State

me statem

contracts

ns

share of results

ns

s 43 to 46. n on US Lehman ac holders of £250mfrom profit after tax

ements

48

ment (audit

of associates

cquisition assets. m (2013: £nil) is ofax in order to calcu

ted)

Notes1

1

8

2

3

ffset by a tax credulate earnings per s

Year en

31.1

12,

8,3,1,

25,(

25,(2,

23,

(11,(9,

(20,4

(

2,(1,

(1

(0(0

dit recorded in reseshare.

nded

2.14

£m

,080

,174

,331

,328

669

186

,768

(480)

,288

,168)

,120

,005)

,424)

429)

(435)

,256

,411)

845

174)

250

76

769

845

0.7)p

0.7)p

erves of £54m (20

Year ended

31.12.13 £m

11,600 8,731 6,553

680 732 148

28,444 (509)

27,935 (3,071)

24,864

(12,155) (9,817)

(21,972)

(24)

2,868 (1,571)

1,297

540 -

540 757

1,297

3.8p 3.7p

013: £nil). The net

t

Condense

Barclays PLC

Condense(audited)

Continuing op

Profit after tax

Other compreh

Currency trans

Available for sa

Cash flow hedg

Other

Total compreh

Other compreh

Retirement ben

Other compreh

Total compreh

Attributable to

Equity holders

Non-controlling

Total compreh 1 For notes to

ed Consolid

C

ed consolid

erations

x

hensive income

lation reserve

ale reserve

ge reserve

hensive income/

hensive income

nefit remeasurem

hensive income

hensive income/

o:

of the parent

g interests

hensive income/

the Financial Stat

dated Fina

dated state

e/(loss) that ma

/(loss) that may

e/(loss) not recy

ments

e/(loss) for the p

/(loss) for the p

/(loss) for the p

tements see pages

ancial State

ement of p

ay be recycled to

y be recycled to

ycled to profit o

period

period

period

s 43 to 46.

ements

49

profit or los

o profit or loss:

o profit or loss

or loss:

ss and othe

N

er compreh

otes1

9

9

9

hensive in

Year ended

31.12.14

£m

845

486

413

1,540

(42)

2,397

205

2,602

3,447

2,756

691

3,447

come

Year ended

31.12.13

£m

1,297

(1,767

(382

(1,890

(37

(4,076

(515

(4,591

(3,294

(3,406

112

(3,294

d

3

m

7

)

)

)

)

)

)

)

)

)

2

)

Condense

Barclays PLC

Condense

Assets

Cash and balan

Items in the co

Trading portfol

Financial assets

Derivative finan

Available for sa

Loans and adva

Loans and adva

Reverse repurc

Current and de

Prepayments, a

Investments in

Goodwill

Intangible asse

Property, plant

Retirement ben

Total assets

Liabilities

Deposits from

Items in the co

Customer acco

Repurchase ag

Trading portfol

Financial liabilit

Derivative finan

Debt securities

Accruals, defer

Current and de

Subordinated l

Provisions

Retirement ben

Total liabilities

Equity

Called up share

Other reserves

Retained earnin

Shareholders'

Other equity in

Total equity ex

Non-controlling

Total equity

Total liabilities

1 For notes, se

ed Consolid

C

ed consolid

nces at central b

urse of collectio

lio assets

s designated at

ncial instrument

ale financial inve

ances to banks

ances to custom

chase agreement

eferred tax asset

accrued income

associates and

ets

t and equipment

nefit assets

banks

urse of collectio

ounts

reements and o

lio liabilities

ties designated

ncial instrument

s in issue

rred income and

eferred tax liabili

iabilities

nefit liabilities

s

e capital and sha

ngs

equity attributa

nstruments

xcluding non-co

g interests

s and equity

ee pages 43 to 46

dated Fina

dated bala

banks

on from other ba

fair value

ts

estments

mers

ts and other sim

ts

and other asset

joint ventures

t

on due to other b

other similar secu

at fair value

ts

d other liabilities

ties

are premium

able to ordinary

ontrolling intere

.

ancial State

nce sheet

anks

milar secured len

ts

banks

ured borrowing

2

shareholders o

ests

ements

50

(audited)

nding

of the parent

Note

es1

6

5

6

7

9

8

2

As at

31.12.14

£m

39,695

1,210

114,717

38,300

439,909

86,066

42,111

427,767

131,753

4,464

19,181

711

4,887

3,293

3,786

56

1,357,906

58,390

1,177

427,704

124,479

45,124

56,972

439,320

86,099

24,538

1,283

21,153

4,135

1,574

1,291,948

20,809

2,724

31,712

55,245

4,322

59,567

6,391

65,958

1,357,906

As at

31.12.13

£m

45,687

1,282

133,069

38,968

350,300

91,756

39,422

434,237

186,779

5,026

4,415

653

4,878

2,807

4,216

133

1,343,628

55,615

1,359

431,998

196,748

53,464

64,796

347,118

86,693

12,934

1,415

21,695

3,886

1,958

1,279,679

19,887

249

33,186

53,322

2,063

55,385

8,564

63,949

1,343,628

Condense

Barclays PLC

Condense

Year ended 31

Balance at 1 JaProfit after tax Other comprehperiod Issue of sharesIssue and exchDividends Coupons paid oRedemption ofTreasury shareOther moveme

Balance at 31 D Year ended 31

Balance at 1 JaProfit after tax Other comprehperiod Issue of sharesIssue and exchDividends Coupons paid oTreasury shareOther moveme

Balance at 31 D

Condense Profit before taAdjustment forChanges in opeCorporate incoNet cash from Net cash from Net cash from Effect of exchaNet decrease inCash and cash Cash and cash

1 Details of Sh2 Details of No

ed Consolid

C

ed consolid

.12.14

anuary 2014 hensive profit aft

ange of equity i

on other equity f preference shaes ents

December 2014

.12.13

anuary 2013

hensive profit aft

ange of equity i

on other equity es ents

December 2013

ed consolid

ax r non-cash itemerating assets an

ome tax paid operating activinvesting activitfinancing activitnge rates on casn cash and cash equivalents at b

h equivalents at

hare Capital, Otheron-controlling Inte

dated Fina

dated state

fter tax for the

nstruments

instruments res

4

fter tax for the

nstruments

instruments

3

dated cash

s nd liabilities

vities ties ties sh and cash equh equivalents beginning of the end of the perio

r Equity Instrumenerests are shown o

ancial State

ement of c

Called upcapit

prem

1

2

1

1

h flow state

uivalents

e period od

ts and Other Resern page 43.

ements

51

hanges in

p share tal and

share mium1

Other instrum

£m

9,887 -

-

922 - - - - - -

20,809

2,477 -

-

7,410 - - - - -

9,887

ement (aud

rves are shown on

equity (au

equity ments1

Otreserv

£m

2,063 2250

- 2,5

-

2,263

-

(250)

-

- ((4)

4,322 2,7

- 3,6-

- (3,4

-

2,063

-

-

- (-

2,063 2

dited)

n pages 45-46.

udited)

her es1

Retained earnings

£m £m

49 33,186

- (174)

18 162

- 693

- (155)

- (1,057)

- 54

- (104)

43) (866)

- (27)

24 31,712

74 34,464

- 540

06) (540)

- 689

- -

- (859)

- -

19) (1,047)

- (61)

49 33,186

Total cont

inte£m

55,385 76

2,680

1,615 2,108 (

(1,057) (196) (104) (909)

(31)

59,567

50,615 540

(3,946)

8,099 2,063 (859)

- (1,066)

(61)

55,385

Year ended

31.12.14

£m

2,256

5,620

(16,765)

(1,552)

(10,441)

10,655

(3,058)

(431)

(3,275)

81,754

78,479

Non-trolling erests2

Totaequit

£m £m

8,564 63,949769 845

(78) 2,602

- 1,615(1,527) 581

(631) (1,688- (196

(687) (791- (909

(19) (50

6,391 65,958

9,371 59,986757 1,297

(645) (4,591

- 8,099- 2,063

(813) (1,672- - (1,066

(106) (167

8,564 63,949

Year ended 31.12.13 £m 2,868 6,581 (32,833) (1,558) (24,942) (22,645) 5,910 198 (41,479) 123,233 81,754

al

ty m

9

5

2

5

1

8)

6)

1)

9)

0)

8

6

7

1)

9

3

2)

-

6)

7)

9

d 3

m ) ) ) ) )

Financial

Barclays PLC

1 Tax

The 2014 taxtax rate was hhigher local investigationsincome, and dof the Spanis

The deferred

Current and de

Current tax Deferred tax

Total Deferred tax a

Barclays GroupUS Branch of BUK tax group Spanish tax groOther

Deferred tax aDeferred tax li

Net deferred ta

2 Non-Co

Barclays Bank P

- Preference sh

- Upper Tier 2 i

Barclays Africa

Other non-con

Total

 Equity attribupreference shexchange exe

Statement

C

x charge of £1higher than thstatutory tax s and litigationdeferred tax ah deferred tax

tax asset of £4

eferred tax asse

ssets and liabili

p US Inc. (BGUS)Barclays Bank PL

oup

sset ability

ax

ntrolling in

PLC Issued:

hares

instruments

a Group Limited

ntrolling interests

utable to non-chares. £1,527mercise. A furth

t Notes

,411m (2013: he UK statutory

rates, non-cren relating to Fsset measurem

x asset.

4,130m (2013

ets and liabilities

ities

) tax group LC (US Branch)

nterests

Pro

s

controlling intem of Barclays Bher £687m of p

£1,571m), repy tax rate of 21editable taxes Foreign Exchanment adjustme

3: £4,807m) m

s

ofit attributable inte

2014

£m

441

2

320

6

769

erests decreasBank PLC prefepreference sha

52

presented an e1.5% (2013: 2 and non-dednge. This wasents. Additiona

ainly relates to

A

31.12.1£

334,13

4,46

to non-controlerest

20

m

4

3

7

sed by £2,173merence shares ares were rede

effective tax ra3.25%) mainly

ductible expens partially offseally, the 2013

o amounts in t

Assets

14 31.1£m

34 30 4

64 5

ling

013

£m

410

2

343

2

757

m to £6,391m were bought bemed on their

ate of 62.5% (y due to profit

nses, includinget by the effeceffective tax ra

the US and UK.

2.13 £m

219 ,807

,026

Equity acon

2

3

2

6

primarily due back and canc first call date.

(2013: 54.8%)ts outside of thg the provisionct of non-taxaate included th

K.

Liabilitie

31.12.14 £m

(1,021) (262)

(1,283)

31.12.14 £m

1,588 1,591

461 54

436

4,130 (262)

3,868

attributable to nntrolling interest

2014

£m

3,654

486

2,247

4

6,391

to movementcelled as part o. 

. The effectivehe UK taxed atn for ongoingable gains andhe write down

es 31.12.13

£m

(1,042) (373)

(1,415)

31.12.13 £m

1,449 1,362 1,171

353 472

4,807 (373)

4,434

non-t

2013

£m

5,868

485

2,204

7

8,564

s in of the AT1

e t g d n

Financial

Barclays PLC

3 Earning

Profit/(loss) atDilutive impactTax credit on pTotal profit/(loBasic weightedNumber of potDiluted weightBasic earningsDiluted earnin 4 Dividen

A final divideRegister on 1The financial

Dividends paid

Final dividend p

Interim dividen

Total

For qualifying(representingclose of busin

5 Provisio

Conduct remed

- Payment Pro

- Interest rate

- Other custom

Legal, Competi

Redundancy an

Undrawn contr

Onerous contra

Sundry provisio

Total 1 The profit a

amount of

Statement

C

s per share

ttributable to ordt of convertible o

profit after tax atoss) attributabled average numbeential ordinary sted average nums/(loss) per ordigs/(loss) per or

ds on ordi

end in respect1 March 2015 statements fo

d during the per

paid during peri

nds paid during p

g US and Canag four shares). ness on 11 Ma

ons

diation

otection Insuranc

hedging produc

mer redress

ition & Regulato

nd restructuring

ractually commi

acts

ons

after tax attributab £196m, along with

t Notes

e

dinary equity hooptions ttributable to othe to equity holder of shares in isshares mber of shares inary share (p) rdinary share (p

nary share

of 2014 of 35 and accountor 2014 include

riod

od

period

adian resident The ADR dep

arch 2015.

ce redress

ct redress

ory matters

g

itted facilities an

ble to other equityh NCI, is deducted

lders of the pare

her equity holdeders of the parenssue

p)

es

.5p per ordinated for as a dise the following

t ADR holders,positary will po

nd guarantees

y holders of £250md from profit after t

53

ent1

ers nt including tax

ary share will stribution of reg dividends pa

, the final dividost the final div

m (2013: £nil) is otax in order to calc

x credit on other

be paid on 2 etained earninaid during the y

Year ended Per share

Pence 3.5

3.0

6.5

dend of 3.5p pvidend on 2 A

ffset by a tax credculate earnings per

r equity

April 2015 togs in the year year.

d 31.12.14

Total

£m

564

493

1,057

per ordinary shpril 2015 to A

dit recorded in reser share.

31.12.14

£m (174)

- 54

(120)

16,329 296

16,625

(0.7) (0.7)

o shareholders ending 31 De

Year end

Per shar

Penc

3.5

3.0

6.5

hare becomesADR holders on

As at

31.12.14

£m

1,059

211

375

1,690

291

94

205

210

4,135

erves of £54m (20

31.12.13

£m 540

1 -

541 14,308

360 14,668

3.8 3.7

on the Shareecember 2015.

ded 31.12.13

e Total

e £m

5 441

0 418

5 859

s 14p per ADSn the record at

As at

31.12.13

£m

971

1,169

388

485

388

165

100

220

3,886

013: £nil). The net

e .

S t

t

Financial

Barclays PLC

6 Retirem

As at 31 DecUK Retiremen

The movemebenefit obliga4.46%), parti

The triennial funding deficbe paid to th2021 with updeficit contribover each yea

In non-valuatwas carried o

The increase the year.

7 Called u

Called up shaissuance of sh

8 Other eq

Other Equity 2014. DuringConvertible SResetting PerThe 2014 ATnon controllinInstruments)

The exchangpreference shexercise, Barcthe preferenc

The AT1 secuCRD IV.

Statement

C

ment benefi

ember 2014, tnt Fund (UKRF

ent for the UKRation. The incally offset by a

funding valuacit at that date he fund in 201p to £500m of butions are in ar.

tion years the out as at 30 Se

in funding def

up share ca

are capital cohares under em

quity instr

Instruments g 2013, thereSecurities, witrpetual SubordT1 securities wng interests fo.

ge exercise inhares and Barclays Bank PLCce shares and s

urities are per

t Notes

its

the Group’s IAF), which is the

RF is largely ducrease in defina decrease in lo

ation of the U was calculate15 and 2016. f the 2021 defi addition to th

Scheme Actuptember 2014

ficit over the y

apital

mprises 16,49mployee share

uments

of £4,322m (e were two sh principal am

dinated Continwere issued as or Barclays PLC

volved Barclarclays Bank PC issued three subordinated d

petual securit

AS 19 (Revisede Group’s main

ue to an increaed benefit oblong term expe

UKRF was comd to be £3.6bnFurther deficitcit contributio

he regular cont

uary prepares 4 and showed a

year to 30 Sept

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