Investor Presentaiton
Total shareholders' equity to CET1 capital
2023 total equity to CET1 capital, $m
Total equity to CET1 capital walk4, $m
Strategy
2023 results
Appendix
Total equity
Non-controlling interests
191,651
Total equity (per balance sheet)
2023
191,651
1023
197,523
4022
185,197
Non-controlling interests
(7,481)
(7,428)
(7,364)
(7,481)
Total shareholders' equity
184,170
190,095
177,833
Total shareholders'
Additional Tier 1
(19,392)
(19,392)
(19,746)
184,170
equity
Total ordinary shareholders' equity
164,778
170,703
158,087
Foreseeable dividend
(4,887)
(8,132)
(4,436)
Additional Tier 1
(19,392)
Adjustment for insurance / SPE'S
(3)
(3)
(3)
Allowable NCI in CET1
4,127
4,192
Total ordinary
shareholders' equity
Foreseeable
dividend
164,778
CET1 before regulatory adjustments
164,015
166,760
4,444
158,092*
Prudential valuation adjustment
(1,076)
(1,147)
(1,171)
(4,887)
Intangible assets
(12,875)
(12,593)
(12,141)
Deferred tax asset deduction
(3,947)
(4,343)
(4,235)
Adjustment of
(3)
Cash flow hedge adjustment
4,686
2,904
3,601
insurance / SPE'S
Excess of expected loss
(1,813)
(1,618)
(1,248)
Own credit spread and debit valuation adjustment
290
(369)
(412)
Allowable NCI in CET1
4,127
Defined benefit pension fund assets
(5,790)
(5,948)
(5,448)
CET1 before
164,015
regulatory adjustments
Regulatory adjustments
CET1 capital
(37,597)
Direct and indirect holdings of CET1 instruments
Other regulatory adjustments to CET1 capital (including
IFRS 9 transitional adjustments when relevant)
Threshold deductions
(40)
(40)
(40)
(724)
(720)
(220)
(16,308)
(17,200)
(17,487)
126,418
Regulatory adjustments
CET1 capital
(37,597)
(41,074)
(38,801)*
126,418
125,686
119,291
* On adoption of IFRS 17 'Insurance Contracts', comparative data previously published under IFRS 4 'Insurance Contracts' have been restated from the 1 January 2022 transition date, with no impact on CET1 and total capital
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