Barclays 2013 Annual Report Download - page 3

‘We’ve made some changes to this
year’s Strategic Report to give readers
a clearer picture of how we operate,
what our plans are and how they link
to Barclays’ goal and purpose.’
In line with new regulatory reporting requirements and our commitment to
transparent disclosures, this year’s Strategic Report gives greater information on the
business model and strategy of the Group and its divisions.
The Strategic Report
An overview of our 2013 performance, a focus
on our new strategic direction, and a review of
the businesses underpinning our strategy
Group overview 02
Chief Executive’s strategic review 04
Strategy and operating environment 06
Business model/Value creation 08
Balanced Scorecard 10
Group Finance Director’s review 12
Strategic risk overview 14
UK Retail and Business Banking (UK RBB) 18
Europe Retail and Business Banking
(Europe RBB) 22
Africa 26
Barclaycard 30
Investment Bank 34
Corporate Banking 38
Wealth and Investment Management 42
Chairman’s governance overview 46
Summary remuneration report 48
Governance
The governance process of Barclays and
reports from each of the Board committees
presenting how the Board support the delivery
of the strategy
Corporate governance report 52
Directors’ report 78
Board of Directors 83
Executive Committee 85
People 86
Remuneration report 89
Implementation of the Salz Review
recommendations 126
Risk review
Insight into the level of risk across Barclays’
businesses and portfolios, the material
risks and uncertainties faced and the key areas
of management focus.
Risk factors 133
Credit risk 142
Market risk 190
Funding risk – Capital 199
Funding risk – Liquidity 208
Operational risk 225
Reputation risk 226
Conduct risk 228
Supervision and regulation 230
The Financial review
A review of the performance of Barclays,
including the key performance indicators,
and our businesses’ contribution to the overall
performance of the Group
Key performance indicators 238
Consolidated summary income statement 245
Income statement commentary 246
Consolidated summary balance sheet 247
Balance sheet commentary 248
Analysis of results by business 249
Margins and balances 267
Financial statements
Detailed analysis of our statutory accounts,
independently audited and providing in-depth
disclosure and transparency on the financial
performance of the business
Independent Auditors’ report 271
Consolidated financial statements 277
Parent company accounts 282
Notes to the financial statements 284
Risk management
A comprehensive overview of Barclays’
approach to risk management and more
specific information on policies that the Group
determines to be of particular significance in
the current operating environment
Barclays risk management strategy 378
Credit risk management 392
Market risk management 405
Operational risk management 415
Liquidity risk management 418
Capital risk management 420
Shareholder information
Resources for shareholders including
the Company articles of association, classes of
shares and contact details for shareholder
enquiries
Shareholder information 424
Shareholder enquiries 428
Index 429
Corporate website
We maintain a
corporate website at
www.barclays.com
containing a wide range
of information of interest
to institutional and
private investors
including:
 Latest news and press releases
 Annual reports and investor
presentations
See further content for the
2013 Annual Report online at
www.barclays.com/annualreport
barclays.com/annualreport Barclays PLC Annual Report 2013 01
The Strategic Report Governance Risk review Financial review Risk management Shareholder informationFinancial statements