Business
2024 Half-Year Results - Part 2 of 2
2024 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\n2024 Half-Year Results\n25 July 2024\n \n \n \nPart 2 of 2\n\n\n\nSTATUTORY INFORMATION\n\n\n\n\nCondensed consolidated half-year financial statements (unaudited)\n\n\n \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\n \n\n\n \n\n\n \n\n\n\n\nNotes to the condensed consolidated half-year financial statements (unaudited)\n\n\n \n\n\n\n\n1\n\n\nBasis of preparation and accounting policies\n\n\n63\n\n\n\n\n2\n\n\nCritical accounting judgements and key sources of estimation uncertainty\n\n\n64\n\n\n\n\n3\n\n\nSegmental analysis\n\n\n64\n\n\n\n\n4\n\n\nNet fee and commission income\n\n\n67\n\n\n\n\n5\n\n\nInsurance business\n\n\n67\n\n\n\n\n6\n\n\nOperating expenses\n\n\n70\n\n\n\n\n7\n\n\nRetirement benefit obligations\n\n\n71\n\n\n\n\n8\n\n\nImpairment\n\n\n72\n\n\n\n\n9\n\n\nTax\n\n\n72\n\n\n\n\n10\n\n\nFair values of financial assets and liabilities\n\n\n73\n\n\n\n\n11\n\n\nDerivative financial instruments\n\n\n79\n\n\n\n\n12\n\n\nLoans and advances to customers\n\n\n80\n\n\n\n\n13\n\n\nCredit quality of loans and advances to customers\n\n\n82\n\n\n\n\n14\n\n\nAllowance for expected credit losses\n\n\n85\n\n\n\n\n15\n\n\nDebt securities in issue\n\n\n93\n\n\n\n\n16\n\n\nProvisions\n\n\n94\n\n\n\n\n17\n\n\nEarnings per share\n\n\n96\n\n\n\n\n18\n\n\nDividends on ordinary shares and share buyback\n\n\n96\n\n\n\n\n19\n\n\nContingent liabilities, commitments and guarantees\n\n\n96\n\n\n\n\n \n\n\n\nCONDENSED CONSOLIDATED INCOME STATEMENT (UNAUDITED)\n\n\n\n\n \n\n\nNote\n\n\n \n\n\nHalf-year\nto 30 Jun\n2024\n£m\n\n\n \n\n\n \n\n\nHalf-year\nto 30 Jun\n2023\n£m\n\n\n \n\n\n \n\n\nHalf-year\nto 31 Dec\n2023\n£m\n\n\n \n\n\n\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nInterest income\n\n\n \n\n\n \n\n\n  ...