Barclays 2013 Annual Report Download - page 279

For the year ended 31 December Notes
2013
£m
2012
£m
2011
£m
Continuing operations
Interest income 318,315 19,211 20,589
Interest expense 3(6,715) (7,557) (8,388)
Net interest income 11,600 11,654 12,201
Fee and commission income 410,479 10,213 10,208
Fee and commission expense 4(1,748) (1,677) (1,586)
Net fee and commission income 8,731 8,536 8,622
Net trading income 56,553 3,347 7,660
Net investment income 6680 844 2,305
Net premiums from insurance contracts 732 896 1,076
Gains on debt buy-backs and extinguishments – – 1,130
Other income 148 332 39
Total income 28,444 25,609 33,033
Net claims and benefits incurred on insurance contracts (509) (600) (741)
Total income net of insurance claims 27,935 25,009 32,292
Credit impairment charges and other provisions 7(3,071) (3,340) (5,602)
Net operating income 24,864 21,669 26,690
Staff costs 35 (12,155) (11,467) (12,353)
Administration and general expenses 8(6,611) (5,991) (5,844)
Depreciation of property, plant and equipment 24 (647) (669) (673)
Amortisation of intangible assets 25 (480) (435) (419)
Goodwill impairment 25 (79) – (597)
Provision for PPI redress 28 (1,350) (1,600) (1,000)
Provision for interest rate hedging products redress 28 (650) (850) –
Operating expenses (21,972) (21,012) (20,886)
Share of post-tax results of associates and joint ventures (56) 110 60
Profit/(loss) on disposal of subsidiaries, associates and joint ventures 96 28 (94)
Gain on acquisitions 26 2 –
Profit before tax 2,868 797 5,770
Taxation 10 (1,571) (616) (1,902)
Profit after tax 1,297 181 3,868
Attributable to:
Equity holders of the parent 540 (624) 2,924
Non-controlling interests 34 757 805 944
Profit after tax 1,297 181 3,868
pp p
Earnings per share
Basic earnings/(loss) per share 11 3.8 (4.8) 22.9
Diluted earnings/(loss) per share 11 3.7 (4.8) 21.9
The Board of Directors approved the financial statements out on pages 277 to 376 on 3 March 2014.
barclays.com/annualreport Barclays PLC Annual Report 2013 277
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