Barclays 2012 Annual Report Download - page 166

Movement in total regulatory capital
2012
£m
2011
£m
Core Tier 1 capital as at 1 January 43,066 42,861
(Loss)/profit for the year (236) 3,951
Removal of own credita3,484 (2,059)
Dividends paid (1,427) (1,387)
Retained capital generated from earnings 1,821 505
Movement in reserves – impact of share schemes (165) 714
Movement in currency translation reserves (1,578) (1,607)
Movement in qualifying available for sale equity reserves – 749
Other reserves movements 33 128
Movement in other qualifying reserves (1,710) (16)
Movement in regulatory adjustments and deductions:
Defined benefit pension adjustmenta(1,204) (1,340)
Goodwill and intangible asset balancesa(62) 766
50% excess of expected losses over impairmenta(142) (238)
50% of securitisation positions 371 783
Other regulatory adjustments (19) (255)
Core Tier 1 capital as at 31 December 42,121 43,066
Other Tier 1 capital as at 1 January 7,407 10,685
Redemption of Tier 1 notes – (518)
Redemption of reserve capital instruments – (3,188)
Regulatory adjustments on other Tier 1 capital (82) (95)
50% of material holdings 2,141 294
50% of the tax on excess of expected losses over impairment 47 229
Tier 1 capital as at 31 December 51,634 50,473
Tier 2 capital as at 1 January 16,063 16,019
Issuance of contingent capital notes and subordinated notes 2,258 880
Redemption of subordinated notes (2,672) (2,655)
Amortisation adjustments (155) 696
Regulatory adjustments on Tier 2 capital (612) (287)
Reserves arising on revaluation of propertya14 (4)
Unrealised gains on available for sale equitya(718) 828
Collectively assessed impairment allowances (383) (24)
50% of material holdings 2,141 294
50% excess of expected losses over impairment (gross of tax) (189) (467)
50% of securitisation positions 371 783
Tier 2 capital as at 31 December 16,118 16,063
Other deductions from total capital as at 1 January (2,588) (2,250)
Investments that are not material holdings or qualifying holdings 852 (369)
Other deductions from total capital 47 31
Other deductions from total capital as at 31 December (1,689) (2,588)
Total regulatory capital as at 31 December 66,063 63,948
Note
a The capital impacts of these items are net of tax.
barclays.com/annualreport164 I Barclays PLC Annual Report 2012
Risk review
Funding risk – Capital continued