Sainsbury's Credit Presentation Deck
Financials: Group performance overview
Group contribution basis
Total income ¹
Underlying operating profit
2
Customer lending ²
Customer deposits
Active customers - Bank
Active customers - Argos FS
Cost/income ratio
Net interest margin ³
Bad debt as a percentage of lending 4
CET 1 Ratio 5
Total Capital Ratio 6
Liquidity Coverage Ratio"
Total Resource 8
21
FY
FY
2020/21 2019/20
£350m
£(12)m
£5.4bn
£5.1bn
1.8m
2.2m
72%
3.5%
1.8%
17.6%
20.2%
194%
2,015
£457m
£75m
£7.4bn
£6.3bn
2.1m
2.2m
66%
3.4%
1.1%
14.1%
17.0%
145%
2,226
Change
23%
116%
£2.0bn
£1.2bn
14%
0%
6%
10bps
70bps
350bps
320bps
49%
9%
Financial Services UPBT
£m, Group Contribution
75
34
27
14
FY
19/20
(12)
9
14
(35)
FY
20/21
AFS (recognised by Argos)
AFS (recognised by Bank)
Bank
operating loss of
£(21)m
1 Net interest, net commission and other operating income
2 Amounts due from customers at the Balance Sheet date in
respect of loans, mortgages, credit cards and store cards
net of provisions
3 Net interest receivable / average interest-bearing assets
4 Bad debt expense / average net lending
5 Common equity tier 1 capital / risk-weighted assets
6 Total capital/risk-weighted assets
7 Liquidity coverage ratio 12 month average
8 FTE and contractorsView entire presentation