Barclays 2011 Annual Report Download - page 199

For the year ended 31 December
Notes
2011
£m
2010
£m
2009
£m
Continuing operations
Interest income 320,589 20,035 21,236
Interest expense 3(8,388) (7,512) (9,318)
Net interest income 12,201 12,523 11,918
Fee and commission income 410,208 10,368 9,946
Fee and commission expense 4(1,586) (1,497) (1,528)
Net fee and commission income 8,622 8,871 8,418
Net trading income 57,660 8,078 7,001
Net investment income 62,305 1,477 56
Net premiums from insurance contracts 1,076 1,137 1,172
Gains on debt buy-backs and extinguishments 1,130 – 1,249
Other income 39 118 140
Total income 33,033 32,204 29,954
Net claims and benefits incurred on insurance contracts (741) (764) (831)
Total income net of insurance claims 32,292 31,440 29,123
Credit impairment charges and other provisions 7(3,802) (5,672) (8,071)
Impairment of investment in BlackRock, Inc. 7(1,800) – –
Net operating income 26,690 25,768 21,052
Staff costs 37 (11,407) (11,916) (9,948)
Administration and general expenses 8(6,356) (6,585) (5,560)
Depreciation of property, plant and equipment 25 (673) (790) (759)
Amortisation of intangible assets 26 (419) (437) (447)
Goodwill impairment 26 (597) (243) (1)
Provision for PPI redress 29 (1,000) – –
UK bank levy 9(325) – –
Operating expenses (20,777) (19,971) (16,715)
Share of post-tax results of associates and joint ventures 60 58 34
(Loss)/Profit on disposal of subsidiaries, associates and joint ventures 10 (94) 81 188
Gain on acquisitions 41 –129 26
Profit before tax from continuing operations 5,879 6,065 4,585
Taxation 11 (1,928) (1,516) (1,074)
Profit after tax from continuing operations 3,951 4,549 3,511
Profit for the year from discontinued operations, including gain on disposal 14 –– 6,777
Profit after tax 3,951 4,549 10,288
Profit attributable to equity holders of the Parent from:
Continuing operations 3,007 3,564 2,628
Discontinued operations –– 6,765
Total 3,007 3,564 9,393
Profit attributable to non-controlling interests 36 944 985 895
ppp
Basic earnings per share 12 25.1 30.4 86.2
Basic earnings per share – continuing operations 12 25.1 30.4 24.1
Basic earnings per share – discontinued operations 12 –– 62.1
Diluted earnings per share 12 24.0 28.5 81.6
Diluted earnings per share – continuing operations 12 24.0 28.5 22.7
Diluted earnings per share – discontinued operations 12 –– 58.9
Dividends per share 6.0 5.5 2.5
Interim dividends per share 3.0 3.0 1.0
Final dividend per share 13 3.0 2.5 1.5
The Board of Directors approved the financial statements set out on pages 197 to 274 on 7 March 2012.
Consolidated financial statements
Consolidated income statement
Barclays PLC Annual Report 2011 www.barclays.com/annualreport 197
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