Barclays Plc · LSE:BARC
Barclays — Debt Investor Presentation (February 2022)
73 slides from Barclays's debt investor presentation, Feb 23, 2022
Slide 1: Barclays PLC Q4 2021 Fixed Income Investor Presentation
Barclays PLC Q4 2021 Fixed Income Investor Presentation 23 February 2022
Slide 2: Strategy
Strategy
Slide 3: How Barclays will continue to deliver value
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES How Barclays will continue to deliver value Our diversification, built to Strategic priorities to deliver double-digit returns sustain and grow R
Slide 4: Our strategic priorities to grow are underpinned by structural market and societal trends
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES Our strategic priorities to grow are underpinned by structural market and societal trends Deliver next-generation, digitised Capture opportunitie
Slide 5: The real economy backdrop is supportive of Barclays' corporate and consumer businesses
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES The real economy backdrop is supportive of Barclays’ corporate and consumer businesses Interest rates (%) Change in monthly card spending vs. 201
Slide 6: Deliver next-generation, digitised consumer financial services
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES Deliver next-generation, digitised consumer financial services Building better products and services, leveraging our payments interconnections an
Slide 7: Deliver sustainable growth in the CIB
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES Deliver sustainable growth in the CIB As the capital markets grow, we aim to maintain our market position as a top six global investment bank whi
Slide 8: Capture opportunities as we transition to a low-carbon economy
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES Capture opportunities as we transition to a low-carbon economy We want to be a trusted partner for our customers and clients as they transition D
Slide 9: Diversified model underpins resilient performance through cycles
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES Diversified model underpins resilient performance through cycles Diversified by income type Diversified by customer and client Diversified by geo
Slide 10: Barclays' diversified strategy is delivering
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES Barclays’ diversified strategy is delivering Group RoTE >10% in 2021 Costs continue to be tightly managed 25.0% Statutory RoTE Statutory EPS (p)
Slide 11: Record FY21 profitability, increased capital distributions
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES Record FY21 profitability, increased capital distributions FY21 metrics Group targets over the medium term Returns Returns Cost efficiency Group
Slide 12: Barclays is well-positioned to deliver sustainable double digit returns
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES Barclays is well-positioned to deliver sustainable double digit returns 1 2.2% 2 £(1.0)bn 1.0% £(0.5)bn Interest rates Impairment Cost dyna
Slide 13: Outlook
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES Outlook • Barclays’ diversified income streams position the Group well for the ongoing economic recovery Income and rising interest rates • Impai
Slide 14: Performance
Performance
Slide 15: FY21: Record profit before tax and increased capital returns
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES FY21: Record profit before tax and increased capital returns Diversification Income • Record PBT of £8.4bn and 13.4% RoTE £21.9bn delivering Cost
Slide 16: FY21 Group highlights
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES FY21 Group highlights • Income of £21.9bn up 1%, despite a 8% depreciation of average USD against GBP Income Costs − BUK income increased 3%, CC&
Slide 17: Income: ongoing benefits from business diversification enabling increased revenue YoY
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES Income: ongoing benefits from business diversification enabling increased revenue YoY Group income +1% YoY despite an 8% USD/GBP depreciation (£m
Slide 18: Mortgage growth continues, well positioned for rising rates
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES Mortgage growth continues, well positioned for rising rates and optimistic about recovery in unsecured lending Mortgages Group NII interest rate
Slide 19: Costs: FY21 increase driven by higher structural cost actions and performance costs
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES Costs: FY21 increase driven by higher structural cost actions and performance costs, with flat base costs (£m) FY21 total costs +4% YoY (£m) FY21
Slide 20: FY21 structural cost actions predominantly related to BUK transformation spend
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES FY21 structural cost actions predominantly related to BUK transformation spend and real estate charge Structural cost actions (£m) FY21 structura
Slide 21: FY22 base costs expected to be modestly higher than £12.0bn
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES FY22 base costs expected to be modestly higher than £12.0bn due to inflationary pressures and planned investment spend FY21 to FY22 costs outlook
Slide 22: Q421 Group highlights
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES Q421 Group highlights • Income of £5.2bn, up 4% driven by improved income from BUK and CCP, with stable CIB income Income Costs • Costs down 3%,
Slide 23: Q421 Barclays UK
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES Q421 Barclays UK RoTE of 16.8% including structural cost actions, with FY21 NIM of 2.52% in line with guidance • Income increased 4% primarily dr
Slide 24: Q421 Barclays International
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES Q421 Barclays International RoTE of 10.4% driven by resilient income and operating performance • Income increased 1% Income Costs − Balanced inco
Slide 25: Q421 Barclays International: Corporate & Investment Bank
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES Q421 Barclays International: Corporate & Investment Bank RoTE of 10.2%, with improved profitability driven by stable income performance and a net
Slide 26: Q421 Barclays International: Consumer, Cards & Payments
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES Q421 Barclays International: Consumer, Cards & Payments RoTE of 11.7% reflecting improved income, lower impairment and investment for growth in U
Slide 27: Q421 Head Office
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES Q421 Head Office Q420 Q121 Q221 Q321 Q421 • Q421 negative income of £49m including: − Hedge accounting losses (75) (49) Income (27) (110) (171) −
Slide 28: Structural hedge
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES Structural hedge Structural hedge program update Dec-19 Mar-20 Jun-20 Sep-20 Dec-20 Mar-21 Jun-21 Sep-21 Dec-21 • The Group’s combined gross equi
Slide 29: Interest rate sensitivity
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES Interest rate sensitivity Illustrative sensitivity of Group NII to a parallel shift in interest rate curves1 • This analysis assumes an instantan
Slide 30: QoQ and YoY TNAV per share movements
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES QoQ and YoY TNAV per share movements QoQ TNAV movements (pence per share) 7 1 5 4 2 287 292 Sep-21 Earnings Repurchase of shares Cash flow hedge
Slide 31: Asset Quality
Asset Quality
Slide 32: Impairment: FY21 net release of £0.7bn
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET ASSET QUALITY QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES Impairment: FY21 net release of £0.7bn, reflecting lower unsecured lending balances and a net release in the CIB Impairment charge
Slide 33: Retaining management adjustments due to economic uncertainty
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET ASSET QUALITY QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES Retaining management adjustments due to economic uncertainty Baseline macroeconomic variables (MEVs) MEVs used in Q321 results Q421
Slide 34: Dec-21 coverage ratios remain strong
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET ASSET QUALITY QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES Dec-21 coverage ratios remain strong Credit cards, unsecured loans and other retail lending Wholesale loans Gross exposure (£bn) Im
Slide 35: Dec-21 UK and US cards coverage ratios still above pre-pandemic levels
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET ASSET QUALITY QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES Dec-21 UK and US cards coverage ratios still meaningfully above pre-pandemic levels UK cards US cards Gross exposure (£bn) Impairme
Slide 36: Wholesale exposures are diversified and appropriately covered
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET ASSET QUALITY QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES Wholesale exposures are diversified and appropriately covered, especially in selected vulnerable sectors Wholesale and vulnerable s
Slide 37: Retail portfolios in the UK and US continue to be appropriately positioned
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET ASSET QUALITY QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES Retail portfolios in the UK and US continue to be appropriately positioned • Strong balance growth supported by elevated demand and
Slide 38: Capital & Leverage
Capital & Leverage
Slide 39: Year-end CET1 ratio of 15.1%
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES Year-end CET1 ratio of 15.1% Profits contributed 208bps of capital accretion in 2021, with capital distribution of 72bps QoQ CET1 ratio1 movement
Slide 40: Re-based CET1 ratio of c.14%
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES Re-based CET1 ratio of c.14% Reflects c.30bps for announced share buyback and c.80bps expected impact from regulatory changes Near-term CET1 rati
Slide 41: Prudently allocating capital while delivering attractive return of capital
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES Prudently allocating capital while delivering attractive return of capital to shareholders Attractive return of capital to shareholders - Total p
Slide 42: 13-14% CET1 ratio target continues to provide appropriate headroom above MDA hurdle
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES 13-14% CET1 ratio target continues to provide appropriate headroom above evolving MDA hurdle Illustrative evolution of minimum CET1 requirements
Slide 43: RWAs increased QoQ and YoY driven by market risk
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES RWAs increased QoQ and YoY driven by market risk QoQ RWA movements (£bn) 0.3 0.7 12.3 314.1 313.5 313.5 307.5 3.6 2.4 303.9 301.5 301.5 1 Sep-21
Slide 44: IFRS 9 transitional relief of c.40bps as at Dec-21
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES IFRS 9 transitional relief of c.40bps as at Dec-21 Constructive regulatory action in Q220 gave greater relief for Stage 1 and 2 impairments • 100
Slide 45: Pension deficit reduction contributions
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES Pension deficit reduction contributions CET1 ratio headwinds from pension reduction contributions fully incorporated into prudent capital plan an
Slide 46: Group leverage position appropriately managed
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES Group leverage position appropriately managed Minimum leverage requirements and buffers under the UK regime Dec-211: • Headroom to minimum levera
Slide 47: Capital structure well managed
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES Capital structure well managed Expect to hold prudent headroom above Tier 1 and total capital minimums Illustrative evolution of regulatory capit
Slide 48: MREL, Funding & Liquidity
MREL, Funding & Liquidity
Slide 49: MREL position well established
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES MREL position well established Expect c.£9bn of MREL issuance for 2022 MREL position of £108.2bn as at Dec-211 2022 HoldCo issuance plan • Expect
Slide 50: Strong progress in HoldCo issuance
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES Strong progress in HoldCo issuance Annual HoldCo issuance volume (£bn)1,2 2021 HoldCo issuance by currency2 13.4 12.1 11.5 12.1 March: USD 1bn Se
Slide 51: High quality liquidity position
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES High quality liquidity position Strong liquidity position, with Group LCR well above regulatory requirements Majority of pool held in cash and de
Slide 52: Conservative loan: deposit ratio
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES Conservative loan: deposit ratio Stable LDR YoY, reflecting a solid deposit base Conservative loan: deposit ratio (LDR) (£bn)1,2 BUK CIB CC&P Hea
Slide 53: Wholesale funding composition as at 31 December 2021
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES Wholesale funding composition as at 31 December 20211 1-3 3-6 6-12 Total 1-2 2-3 3-4 4-5 As at 31 December 2021 (£bn) <1 month >5 years Total mon
Slide 54: Credit Ratings
Credit Ratings
Slide 55: Strategic priority to maintain strong ratings
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES Strategic priority to maintain strong ratings Current Senior Long and Moody’s Standard & Poor’s Fitch Short Term ratings Baa2 BBB A Barclays PLC
Slide 56: Barclays rating composition for senior debt
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES Barclays rating composition for senior debt Moody’s Standard & Poor’s Fitch BPLC BBPLC BBUKPLC BPLC BBPLC BBUKPLC BPLC BBPLC BBUKPLC Adj. Baselin
Slide 57: ESG
ESG
Slide 58: Our Purpose underpins the strong progress we delivered against our ESG strategy in 2021
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES Our Purpose underpins the strong progress we delivered against our ESG strategy in 2021 Our Purpose: • Achieved emissions reductions of -22%1 / -
Slide 59: Divisions & Legal Entities
Divisions & Legal Entities
Slide 60: Legal entity structure of the Group since April 2018
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES Legal entity structure of the Group since April 2018 Barclays PLC Barclays International Barclays UK and Head Office1 Divisions Personal Banking
Slide 61: Strong legal entity capital and liquidity positions
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES Strong legal entity capital and liquidity positions Continue to manage legal entity capital ratios with appropriate headroom to requirements Barc
Slide 62: Appendix
Appendix
Slide 63: FY21 notable items
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES FY21 notable items Year ended (£m) Dec-21 Dec-20 Income Valuation loss on Barclays’ preference shares in Visa Inc. - (101) Consumer, Car
Slide 64: FY21 split of payments income by division
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES FY21 split of payments income by division Dec-21 Dec-20 % change Year ended (£m) BUK CIB CC&P Total BUK CIB CC&P Total BUK CIB CC&P Tota
Slide 65: FY21 Group
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES FY21 Group Year ended (£m) Dec-21 Dec-20 % change Three months ended (£m) Dec-21 Dec-20 % change Income 21,940 21,766 +1% Income 5,160 4
Slide 66: FY21 Barclays UK
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES FY21 Barclays UK Year ended (£m) Dec-21 Dec-20 % change Three months ended (£m) Dec-21 Dec-20 % change – Personal Banking 3,883 3,522 +1
Slide 67: FY21 Barclays International
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES FY21 Barclays International Year ended (£m) Dec-21 Dec-20 % change Three months ended (£m) Dec-21 Dec-20 % change Income 15,665 15,921 -
Slide 68: FY21 Barclays International: Corporate & Investment Bank
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES FY21 Barclays International: Corporate & Investment Bank % change % change Year ended (£m) Dec-21 Dec-20 % change Three months ended (£m
Slide 69: FY21 Barclays International: Consumer, Cards & Payments
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES FY21 Barclays International: Consumer, Cards & Payments Year ended (£m) Dec-21 Dec-20 % change Three months ended (£m) Dec-21 Dec-20 % c
Slide 70: FY21 Head Office
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES FY21 Head Office Year ended (£m) Dec-21 Dec-20 % change Three months ended (£m) Dec-21 Dec-20 % change Income (261) (502) +48% Income (4
Slide 71: Exchange rates and share count information
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS PERFORMANCE ASSET QUALITY CREDIT RATINGS ESG APPENDIX APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES Exchange rates and share count information QoQ % YoY % Exchange rates Dec-21 Sep-21 Dec-20 change change Period end - USD/GBP 1.35 1.35
Slide 72: Contacts – Debt Investor Relations Team
Contacts – Debt Investor Relations Team Dan Colvin Joanne Cash Christy Zakarias +44 (0)20 7116 6533 +44 (0)20 7116 4215 +44 (0)20 7116 4543 daniel.colvin@barclays.com Joanne.cash@barclays.com christy.zakarias@barclays.com 72 | Q4 2021 Fixed Income Investor Presentation | 23 February 2022
Slide 73: Disclaimer
Disclaimer Important Notice The terms Barclays or Group refer to Barclays PLC together with its subsidiaries. The information, statements and opinions contained in this presentation do not constitute a public offer under any applicable legislation, an offer to sell or solicitation of any offer to bu
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