Business
2023 Half-Year Results - Part 2 of 2
2023 Half-Year Results - Part 2 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 2 of 2\n\n\n\n \n\n\n\nSTATUTORY INFORMATION\n\n\n\n\nCondensed consolidated half-year financial statements (unaudited)\n\n\n \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\n \n\n\n \n\n\n \n\n\n\n\nNotes\n\n\n \n\n\n\n\n1\n\n\nBasis of preparation and accounting policies\n\n\n72\n\n\n\n\n2\n\n\nCritical accounting judgements and key sources of estimation uncertainty\n\n\n74\n\n\n\n\n3\n\n\nSegmental analysis\n\n\n75\n\n\n\n\n4\n\n\nNet fee and commission income\n\n\n78\n\n\n\n\n5\n\n\nInsurance revenue\n\n\n78\n\n\n\n\n6\n\n\nInsurance service expense\n\n\n80\n\n\n\n\n7\n\n\nNet investment return on assets held to back insurance contracts and participating investment contracts and net finance (expense) income\n\n\n81\n\n\n\n\n8\n\n\nOperating expenses\n\n\n82\n\n\n\n\n9\n\n\nImpairment\n\n\n83\n\n\n\n\n10\n\n\nTax expense\n\n\n84\n\n\n\n\n11\n\n\nEarnings per share\n\n\n84\n\n\n\n\n12\n\n\nFair values of financial assets and liabilities\n\n\n85\n\n\n\n\n13\n\n\nDerivative financial instruments\n\n\n91\n\n\n\n\n14\n\n\nLoans and advances to customers\n\n\n92\n\n\n\n\n15\n\n\nCredit quality of loans and advances to customers\n\n\n94\n\n\n\n\n16\n\n\nAllowance for expected credit losses\n\n\n98\n\n\n\n\n17\n\n\nDebt securities in issue\n\n\n107\n\n\n\n\n18\n\n\nMeasurement components of insurance contracts and participating investment contracts\n\n\n108\n\n\n\n\n19\n\n\nRetirement benefit obligations\n\n\n109\n\n\n\n\n20\n\n\nOther provisions\n\n\n110\n\n\n\n\n21\n\n\nContingent liabilities, commitments and guarantees\n\n\n111\n\n\n\n\n22\n\n\nInterest rate benchmark reform\n\n\n113\n\n\n\n\n23\n\n\nDividends on ordinary shares and share buyback\n\n\n113\n\n\n\n\n24\n\n\nImplementation of IFRS 17 Insurance contracts\n\n\n114\n\n\n\n\n25\n\n\nImpact on balance sheet as at 1 January 2022\n\n\n118\n\n\n\n\n26\n\n\nOther information\n\n\n120\n\n\n\n\n \n\n\n\nCONSOLIDATED INCOME STATEMENT (UNAUDITED)\n\n\n\n\n&nb...