Financial Performance Update H1'23
Quarterly underlying income statement
£ million
Q1'22
Q2'22
Q3'22
Q4'22
Q1'23
Q2'23
Net interest income
997
1,040
1,092
1,127
1,133
1,130
Net fee income
77
93
80
82
73
73
Gains (losses) on financial transactions
5
5
23
(7)
0
6
Other operating income
1
(0)
1
4
2
(0)
Total income
1,080
1,138
1,195
1,206
1,208
1,209
Operating expenses
(562)
(574)
(565)
(589)
(595)
(599)
Net operating income
518
564
631
617
613
610
Net loan-loss provisions
(43)
(63)
(93)
(71)
(52)
(38)
Other gains (losses) and provisions
(55)
(84)
(76)
(226)
(82)
(63)
Profit before tax
420
418
462
320
479
509
Tax on profit
(106)
(112)
(118)
(95)
(130)
(141)
Profit from continuing operations
314
306
344
225
349
368
Net profit from discontinued operations
-
Consolidated profit
314
306
344
225
349
368
Non-controlling interests
-
Profit attributable to the parent
314
306
344
225
349
368
Santander
25
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