Barclays 2015 Annual Report Download - page 186

184 I Barclays PLC Annual Report 2015 home.barclays/annualreport
Risk review
Risk performance
Funding risk – Capital
Movement in CET1 capital
2015
£m
Opening balance as at 1 January 41,453
Loss for the period attributable to equity holders (49)
Own credit (531)
Dividends paid and foreseen (1,372)
Decrease in regulatory capital generated from earnings (1,952)
Net impact of share awards 609
Available for sale reserves (245)
Currency translation reserves (41)
Other reserves 9
Increase in other qualifying reserves 332
Retirement benefit reserve 916
Defined benefit pension fund asset deduction (689)
Net impact of pensions 227
Minority interests (277)
Additional value adjustments (PVA) 597
Goodwill and intangible assets (107)
Deferred tax assets that rely on future profitability excluding those arising from temporary differences 225
Excess of expected loss over impairment 407
Direct and indirect holdings by an institution of own CET1 instruments (32)
Other regulatory adjustments (132)
Decrease in regulatory adjustments and deductions 681
Closing balance as at 31 December 40,741
 During 2015, the fully loaded CET1 ratio increased to 11.4% (2014: 10.3%) driven by a significant reduction in RWAs.
 CET1 capital decreased by £0.7bn to £40.7bn, after absorbing adjusting items, with the following significant movements:
− a £1.4bn reduction for dividends paid and foreseen
− a £0.2bn net increase as the retirement benefit reserve increased £0.9bn, offset by £0.7bn pension asset deduction
− a £0.7bn increase due to lower regulatory deductions and adjustments including a £0.6bn decrease in PVA, a £0.4bn decrease in expected
losses due to the sale of the Spanish business and disposals across the Investment Bank, partially offset by a £0.3bn decrease in eligible minority
interests.