Barclays 2014 Annual Report Download - page 257

barclays.com/annualreport Barclays PLC Annual Report 2014 I 255
Consolidated income statement
Consolidated financial statements
For the year ended 31 December Notes
2014
£m
2013
£m
2012
£m
Continuing operations
Interest income 317,363 18,315 19,211
Interest expense 3(5,283) (6,715) (7,557)
Net interest income 12,080 11,600 11,654
Fee and commission income 49,836 10,479 10,213
Fee and commission expense 4(1,662) (1,748) (1,677)
Net fee and commission income 8,174 8,731 8,536
Net trading income 53,331 6,553 3,347
Net investment income 61,328 680 844
Net premiums from insurance contracts 669 732 896
Other income 186 148 332
Total income 25,768 28,444 25,609
Net claims and benefits incurred on insurance contracts (480) (509) (600)
Total income net of insurance claims 25,288 27,935 25,009
Credit impairment charges and other provisions 7(2,168) (3,071) (3,340)
Net operating income 23,120 24,864 21,669
Staff costs 8(11,005) (12,155) (11,467)
Infrastructure costs 8(3,443) (3,531) (3,399)
Administration and general expenses 8(3,621) (4,286) (3,696)
Provision for PPI redress 27 (1,270) (1,350) (1,600)
Provision for interest rate hedging products redress 27 160 (650) (850)
Provision for ongoing investigations and litigation relating to Foreign Exchange 27 (1,250) – –
Operating expenses 8(20,429) (21,972) (21,012)
Share of post-tax results of associates and joint ventures 36 (56) 110
(Loss)/profit on disposal of subsidiaries, associates and joint ventures 9(471) 6 28
Gain on acquisitions – 26 2
Profit before tax 2,256 2,868 797
Taxation 10 (1,411) (1,571) (616)
Profit after tax 845 1,297 181
Attributable to:
Equity holders of the parent (174) 540 (624)
Other equity holders 250 – –
Total equity holders 76 540 (624)
Non-controlling interests 33 769 757 805
Profit after tax 845 1,297 181
ppp
Earnings per share
Basic (loss)/earnings per sharea11 (0.7) 3.8 (4.8)
Diluted (loss)/earnings per sharea11 (0.7) 3.7 (4.8)
Note
a The profit after tax attributable to other equity holders of £250m (2013: £nil) is offset by a tax credit recorded in reserves of £54m (2013: £nil). The net amount of £196m, along
with NCI, is deducted from profit after tax in order to calculate earnings per share.
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