Barclays 2015 Annual Report Download - page 227

home.barclays/annualreport Barclays PLC Annual Report 2015 I 225
Analysis of results by business
All disclosures in this section are unaudited unless otherwise stated.
Financial review
Segmental analysis (audited)
Analysis of adjusted results by business
Personal
and
Corporate
Banking
£m
Barclaycard
£m
Africa
Banking
£m
Investment
Bank
£m
Head
Office
£m
Barclays
Core
£m
Barclays
Non-Core
£m
Group
adjusted
results
£m
For the year ended 31 December 2015
Total income net of insurance claims 8,726 4,927 3,574 7,572 (107) 24,692 (164) 24,528
Credit impairment charges and other provisions (378) (1,251) (352) (55) – (2,036) (78) (2,114)
Net operating income 8,348 3,676 3,222 7,517 (107) 22,656 (242) 22,414
Operating expenses (4,774) (1,927) (2,169) (5,362) (246) (14,478) (873) (15,351)
UK bank levy (93) (42) (52) (203) (8) (398) (78) (476)
Litigation and conduct (109) – – (107) (14) (230) (148) (378)
Costs to achieve (292) (106) (29) (234) (32) (693) (100) (793)
Other (losses)/incomea(40) 33 7 – 5 5 (18) (13)
Profit/(loss) before tax from continuing
operations 3,040 1,634 979 1,611 (402) 6,862 (1,459) 5,403
Total assets (£bn) 287.2 47.4 49.9 375.9 56.4 816.9 303.1 1,120.0
For the year ended 31 December 2014
Total income net of insurance claims 8,828 4,356 3,664 7,588 242 24,678 1,050 25,728
Credit impairment charges and other provisions (482) (1,183) (349) 14 – (2,000) (168) (2,168)
Net operating income 8,346 3,173 3,315 7,602 242 22,678 882 23,560
Operating expenses (4,951) (1,727) (2,244) (5,504) (57) (14,483) (1,510) (15,993)
UK bank levy (70) (29) (45) (218) (9) (371) (91) (462)
Litigation and conduct (54) – (2) (129) (66) (251) (198) (449)
Costs to achieve (400) (118) (51) (374) (10) (953) (212) (1,165)
Other income/(losses)a14 40 11 – (3) 62 (51) 11
Profit/(loss) before tax from continuing
operations 2,885 1,339 984 1,377 97 6,682 (1,180) 5,502
Total assets (£bn) 285.0 41.3 55.5 455.7 49.1 886.5 471.5 1,357.9
For the year ended 31 December 2013b
Total income net of insurance claims 8,723 4,103 4,039 8,596 142 25,603 2,293 27,896
Credit impairment charges and other provisions (621) (1,096) (479) 22 3 (2,171) (900) (3,071)
Net operating income 8,102 3,007 3,560 8,618 145 23,432 1,393 24,825
Operating expenses (5,362) (1,752) (2,451) (6,141) (103) (15,809) (1,929) (17,738)
UK bank levy (66) (22) (42) (236) (29) (395) (109) (504)
Litigation and conduct (98) (34) – (31) (10) (173) (96) (269)
Costs to achieve (384) (49) (26) (190) (22) (671) (538) (1,209)
Other income/(losses)a41 33 8 – 4 86 (110) (24)
Profit/(loss) before tax from continuing
operations 2,233 1,183 1,049 2,020 (15) 6,470 (1,389) 5,081
Total assets (£bn) 278.5 34.4 54.9 438.0 26.6 832.4 511.2 1,343.6
Notes
a Other (losses)/income represents the share of post-tax results of associates and joint ventures, profit (or loss) on disposal of subsidiaries, associates and joint ventures, and gains on
acquisitions.
b 2013 adjusted total operating expenses and profit before tax have been revised to account for the reclassification of £173m of charges, relating to a US residential mortgage-related
business settlement with the Federal Housing Finance Agency, to provisions for ongoing investigations and litigation including Foreign Exchange to aid comparability.
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