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Condensed consolidated cash flow statement - GBP (£)
£ in Millions
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities    
Operating profit before tax from continuing operations £ 3,585 £ 3,029
Operating profit before tax from discontinued operations   11
Adjustments for non-cash and other items 350 2,284
Net cash flows from trading activities 3,935 5,324
Changes in operating assets and liabilities 2,088 9,625
Net cash flows from operating activities before tax 6,023 14,949
Income taxes paid (906) (877)
Net cash flows from operating activities 5,117 14,072
Net cash flows from investing activities (7,896) (1,524)
Net cash flows from financing activities 418 (2,350)
Effects of exchange rate changes on cash and cash equivalents 391 (778)
Net (decrease)/increase in cash and cash equivalents (1,970) 9,420
Cash and cash equivalents at beginning of period 104,845 118,824
Cash and cash equivalents at end of period £ 102,875 £ 128,244