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Consolidated statement of comprehensive income - GBP (£)
£ in Millions
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Consolidated statement of comprehensive income      
Profit/(loss) for the year £ 3,312 £ (434) [1] £ 3,800 [1]
Items that do not qualify for reclassification      
- other movements [2] (669) 4 (142)
Loss on fair value of credit in financial liabilities designated at FVTPL due to own credit risk (29) (52) (189)
FVOCI financial assets 13 (64) (71)
Tax 164 42 28
Total - Items that do not qualify for reclassification (521) (70) (374)
Items that do qualify for reclassification      
FVOCI financial assets (100) 44 (14)
Cash flow hedges (848) 271 294
Currency translation (382) 276 (1,836)
Tax 213 (89) (170)
Total - Items that do qualify for reclassification (1,117) 502 (1,726)
Other comprehensive (loss)/income after tax (1,638) 432 (2,100)
Total comprehensive income/(loss) for the year 1,674 (2) 1,700
Attributable to:      
Ordinary shareholders 1,308 (338) 1,044
Preference shareholders 19 26 39
Paid-in equity holders 299 355 367
Non-controlling interests 48 (45) 250
Total comprehensive income/(loss) for the year £ 1,674 £ (2) £ 1,700
[1] Comparative results have been re-presented from those previously published to reclassify certain items as discontinued operations as described in Note 8 to the consolidated financial statements.
[2] Following the purchase of ordinary shares from UKGI in March 2021, NatWest Group contributed £500 million to its main pension scheme in line with the memorandum of understanding announced on 17 April 2018. After tax relief, this contribution reduced total equity by £365 million. There was also a pre-tax loss of £192 million (€224 million) in relation to the re-measurement of the Group’s Republic of Ireland pension schemes, primarily as a result of significant movements in underlying actuarial assumptions (2020: pre-tax gain of £72 million (€81 million)). In line with our policy, the present value of defined benefit obligations and the fair value of plan assets at the end of the reporting period, are assessed to identify significant market fluctuations and one-off events since the end of the prior financial year.