Business
2023 Half-Year Results - Part 1 of 2
2023 Half-Year Results - Part 1 of 2.
About this update from Lloyds Banking Group Plc
[{"type":"text","content":"\n\n \n \n \n \n \n \n \n \nLloyds Banking Group plc\n2023 Half-Year Results\n26 July 2023\n \n \n \n Part 1 of 2\n\n\n\nCONTENTS\n\n\n\n\nResults for the half-year\n\n\n1\n\n\n\n\nIncome statement - underlying basis and key balance sheet metrics\n\n\n3\n\n\n\n\nQuarterly information\n\n\n4\n\n\n\n\nBalance sheet analysis\n\n\n5\n\n\n\n\nGroup results - statutory basis\n\n\n6\n\n\n\n\nGroup Chief Executive's statement\n\n\n7\n\n\n\n\nSummary of Group results\n\n\n9\n\n\n\n\nSegmental analysis - underlying basis\n\n\n17\n\n\n\n\n \n\n\n \n\n\n\n\nDivisional results\n\n\n \n\n\n\n\nRetail\n\n\n19\n\n\n\n\nCommercial Banking\n\n\n21\n\n\n\n\nInsurance, Pensions and Investments\n\n\n23\n\n\n\n\nEquity Investments and Central Items\n\n\n26\n\n\n\n\n \n\n\n \n\n\n\n\nAlternative performance measures\n\n\n27\n\n\n\n\n \n\n\n \n\n\n\n\nRisk management\n\n\n \n\n\n\n\nPrincipal risks and uncertainties\n\n\n33\n\n\n\n\nCapital risk\n\n\n35\n\n\n\n\nCredit risk\n\n\n41\n\n\n\n\nFunding and liquidity risk\n\n\n58\n\n\n\n\nInterest rate sensitivity\n\n\n62\n\n\n\n\n \n\n\n \n\n\n\n\nStatutory information\n\n\n \n\n\n\n\nCondensed consolidated half-year financial statements (unaudited)\n\n\n63\n\n\n\n\nConsolidated income statement\n\n\n64\n\n\n\n\nConsolidated statement of comprehensive income\n\n\n65\n\n\n\n\nConsolidated balance sheet\n\n\n66\n\n\n\n\nConsolidated statement of changes in equity\n\n\n68\n\n\n\n\nConsolidated cash flow statement\n\n\n71\n\n\n\n\nNotes to the condensed consolidated half-year financial statements\n\n\n72\n\n\n\n\n \n\n\n \n\n\n\n\nStatement of directors' responsibilities\n\n\n121\n\n\n\n\nIndependent review report to Lloyds Banking Group plc\n\n\n122\n\n\n\n\nKey dates\n\n\n123\n\n\n\n\nBasis of presentation\n\n\n123\n\n\n\n\nForward looking statements\n\n\n124\n\n\n\n\nContacts\n\n\n125\n\n\n\n\nAlternative performance measures\nThe Group uses a number of alternative performance measures, including underlying profit, in the description of its business performance and financial position. These measures are labelled with a superscript 'A' throughout this document. Further information on these measures is set out on page 27. Unless otherwise stated, commentary on pages 1 to 2 and on pages ...