Business
2024 Half-Year Results - Part 1 of 2
2024 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\n2024 Half-Year Results\n25 July 2024\n \n \n \nPart 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\n\n\n\n \n\n\n\n\nDivisional results\n\n\n \n\n\n\n\nSegmental analysis - underlying basis\n\n\n16\n\n\n\n\nRetail\n\n\n18\n\n\n\n\nCommercial Banking\n\n\n20\n\n\n\n\nInsurance, Pensions and Investments\n\n\n22\n\n\n\n\nEquity Investments and Central Items\n\n\n25\n\n\n\n\n\n\n\n \n\n\n\n\nAlternative performance measures\n\n\n26\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\n32\n\n\n\n\nCapital risk\n\n\n33\n\n\n\n\nCredit risk\n\n\n38\n\n\n\n\nLiquidity risk\n\n\n50\n\n\n\n\nInterest rate sensitivity\n\n\n54\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\n55\n\n\n\n\nCondensed consolidated income statement (unaudited)\n\n\n56\n\n\n\n\nCondensed consolidated statement of comprehensive income (unaudited)\n\n\n57\n\n\n\n\nCondensed consolidated balance sheet (unaudited)\n\n\n58\n\n\n\n\nCondensed consolidated statement of changes in equity (unaudited)\n\n\n59\n\n\n\n\nCondensed consolidated cash flow statement (unaudited)\n\n\n62\n\n\n\n\nNotes to the condensed consolidated half-year financial statements (unaudited)\n\n\n63\n\n\n\n\n\n\n\n \n\n\n\n\nStatement of directors' responsibilities\n\n\n99\n\n\n\n\nIndependent review report to Lloyds Banking Group plc\n\n\n100\n\n\n\n\nKey dates\n\n\n101\n\n\n\n\nBasis of presentation\n\n\n101\n\n\n\n\nForward-looking statements\n\n\n102\n\n\n\n\nContacts\n\n\n103\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, with the exception of content on pages 1 to 2 and pag...