Q1'22 Financial Update
Quarterly income statement
GBP million
Q1'21
Q2'21
Q3'21
Q4'21
Q1'22
Net interest income
864
938
989
976
997
Net fee income
105
101
97
69
77
Gains (losses) on financial transactions
(11)
(3)
16
(9)
5
Other operating income
2
(2)
2
2
1
Total income
960
1,034
1,105
1,039
1,080
Operating expenses
(569)
(558)
(545)
(555)
(562)
Net operating income
391
476
560
485
518
Net loan-loss provisions
(16)
75
(1)
153
(43)
Other gains (losses) and provisions
(27)
(54)
(33)
(160)
(55)
Underlying profit before tax
348
497
525
477
420
Tax on profit
(98)
(159)
(146)
(123)
(106)
Underlying profit from continuing operations
249
338
380
354
314
Net profit from discontinued operations
Underlying consolidated profit
249
338
380
354
314
Non-controlling interests
Underlying attributable profit to the parent
249
338
380
354
314
Santander
26
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