FY 2022 Results
FY22 Group Financial Highlights
Year ended (Em)
Income
Dec-22
-Operating costs
- Bank levy
-Litigation and conduct
Total operating expenses
Other net income
Dec-21% change
24,956 21,940 +14%
-6%
(14,957) (14,092)
(176) (170) -4%
(1,597) (397)
(16,730) (14,659)
6
260
-14%
-98%
Profit before impairment
8,232
7,541
+9%
Credit impairment (charges)/releases
(1,220) 653
Profit before tax
Tax charge
Profit after tax
Non-controlling interests
Other equity instrument holders
Attributable profit
7,012 8,194 -14%
(1,039) (1,138) +9%
5,973 7,056 -15%
(45) (47) +4%
(905) (804) -13%
5,023 6,205 -19%
Performance measures
Basic earnings per share
30.8p
ROTE
Dec-22 Dec-21
36.5p
10.4% 13.1%
Cost: income ratio
Loan loss rate
67%
30bps
67%
(18)bps
Balance sheet and capital
RWAs
TNAV per share
CET1 ratio
Dec-22 Sep-22 Dec-21
£336.5bn £350.8bn £314.1bn
295p 286p 291p
13.9% 13.8% 15.1%
47 | Barclays FY 2022 Results | 15 February 2023
Income
up 14% YoY with broad-based momentum across our operating divisions and the
benefit from FX
Costs of £16.7bn (2021: £14.7bn) reflecting £1.6bn of litigation and conduct charges primarily
driven by the Over-issuance of Securities
Group operating expenses excluding litigation and conduct were £15.1bn, up 6%
year-on-year, reflecting the impact of FX and inflation
Credit impairment charges were £1.2bn, LLR of 30bps, reflecting macroeconomic
deterioration, partially offset by the utilisation of PMAs for macroeconomic uncertainty and the
release of COVID-19 related adjustments informed by refreshed scenarios. Coverage ratios at
the portfolio level remain strong
Attributable profit of £5.0bn generated EPS of 30.8p and ROTE of 10.4%
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