XML 461 R166.htm IDEA: XBRL DOCUMENT v3.24.0.1
Analysis of changes in financing during the year - Subordinated liabilities and MRELs (Details) - GBP (£)
£ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Subordinated Liabilities      
Analysis of changes in financing during the year      
At 1 January £ 6,260 £ 8,429 £ 9,962
Issue of subordinated liabilities 611 648 1,634
Redemption of subordinated liabilities (1,250) (3,693) (4,765)
Interest paid on subordinated liabilities (439) (374) (321)
Net cash flows from financing activities (1,078) (3,419) (3,452)
Effects of foreign exchange (166) 597 (18)
Changes in fair value of subordinated liabilities and MRELs 230 (594) (434)
Preference shares reclassified to subordinated liabilities   750  
Paid in equity reclassified to subordinated liabilities     1,915
(Gain)/loss on redemption of own debt (3) 161 145
Interest payable on subordinated liabilities and MRELs 464 370 311
Other 7 (34)  
At 31 December 5,714 6,260 8,429
MRELs      
Analysis of changes in financing during the year      
At 1 January 22,265 23,423 20,873
Issue of MRELs 3,973 3,721 3,383
Maturity and redemption of MRELs (4,236) (4,992)  
Interest paid on MRELs (844) (703) (647)
Net cash flows from financing activities (1,107) (1,974) 2,736
Effects of foreign exchange (987) 1,889 (190)
Changes in fair value of subordinated liabilities and MRELs 601 (1,806) (649)
Interest payable on subordinated liabilities and MRELs 888 733 653
At 31 December £ 21,660 £ 22,265 23,423
Share capital, share premium and paid-in equity      
Analysis of changes in financing during the year      
Increase through issue of paid in equity     937
Net cash flows from financing activities     937
Paid in equity reclassified to subordinated liabilities     £ (2,046)