Barclays 2015 Annual Report Download - page 237

home.barclays/annualreport Barclays PLC Annual Report 2015 I 235
2015
£m
2014
£m
2013
£m
Income statement information
Net interest income 588 647 393
Net trading income 3,859 3,735 4,969
Net fee, commission and other income 3,125 3,206 3,234
Total income 7,572 7,588 8,596
Credit impairment (charges)/releases and other provisions (55) 14 22
Net operating income 7,517 7,602 8,618
Operating expenses (5,362) (5,504) (6,141)
UK bank levy (203) (218) (236)
Litigation and conduct (107) (129) (31)
Costs to achieve (234) (374) (190)
Total operating expenses (5,906) (6,225) (6,598)
Profit before tax 1,611 1,377 2,020
Attributable profit 804 397 1,308
Balance sheet information
Loans and advances to banks and customers at amortised costa£92.2bn £106.3bn £104.5bn
Trading portfolio assets £65.1bn £94.8bn £96.6bn
Derivative financial instrument assets £114.3bn £152.6bn £108.7bn
Derivative financial instrument liabilities £122.2bn £160.6bn £116.6bn
Reverse repurchase agreements and other similar secured lendingb£25.5bn £64.3bn £78.2bn
Financial assets designated at fair valueb£48.1bn £8.9bn £16.5bn
Total assets £375.9bn £455.7bn £438.0bn
Risk weighted assets £108.3bn £122.4bn £124.4bn
Key facts
Number of employees (full time equivalent) 19,800 20,500 22,600
Performance measures
Return on average tangible equity 6.0% 2.8% 8.5%
Average allocated tangible equity £13.9bn £14.6bn £15.3bn
Return on average equity 5.6% 2.7% 8.2%
Average allocated equity £14.8bn £15.4bn £15.9bn
Cost:income ratio 78% 82% 77%
Analysis of total income
Investment banking fees 2,093 2,111 2,160
Lending 436 417 325
Banking 2,529 2,528 2,485
Credit 995 1,044 1,257
Equities 2,001 2,046 2,297
Macro 2,034 1,950 2,580
Markets 5,030 5,040 6,134
Banking & Markets 7,559 7,568 8,619
Other 13 20 (23)
Total income 7,572 7,588 8,596
Notes
a As at 31 December 2015 loans and advances included £74.8bn (2014: £86.4bn) of loans and advances to customers (including settlement balances of £18.6bn (2014: £25.8bn) and
cash collateral of £24.8bn (2014: £32.2bn)) and loans and advances to banks of £17.4bn (2014: £19.9bn) (including settlement balances of £1.6bn (2014: £2.7bn) and cash collateral
of £5.7bn (2014: £6.9bn)).
b During 2015, new reverse repurchase agreements and other similar secured lending in certain businesses have been designated at fair value to better align to the way the business
manages the portfolio’s risk and performance. Included within financial assets designated at fair value are reverse repurchase agreements designated at fair value of £42.5bn
(2014: £3.4bn).
The Strategic Report Governance Risk review Financial review Financial statements Shareholder information