Barclays Plc · LSE:BARC
Barclays — Debt Investor Presentation (March 2015)
17 slides from Barclays's debt investor presentation, Mar 3, 2015
Slide 1: Barclays PLC Fixed Income Investor Call FY 2014 Results Announcement
Barclays PLC Fixed Income Investor Call FY 2014 Results Announcement 3 March 2015 |
Slide 2: Tushar Morzaria, Barclays Group Finance Director
Tushar Morzaria Barclays Group Finance Director |
Slide 3: Summary Group financials: Adjusted profits up 12%
Summary Group financials: Adjusted profits up 12% Year ended – December (£m) 2013 2014 Financial performance Income 27,896 25,728 • Adjusted profit before tax increased by 12% to £5.5bn as PCB Impairment (3,071) (2,168) and Barclaycard continued to grow profits. This was partly offset by reduced inc
Slide 4: Strengthening key financial metrics
Strengthening key financial metrics (£bn) Dec-13 Sep-14 Dec-14 Highlights Total assets 1,344 1,366 1,358 • Continued strengthening of all key balance sheet metrics Balance • Good progress on capital position with fully loaded CRD IV Leverage exposure1 n/a 1,324 1,233 CET1 ratio of 10.3% and BCBS lev
Slide 5: Dan Hodge, Barclays Group Treasurer
Dan Hodge Barclays Group Treasurer |
Slide 6: Good progress on CET1 ratio towards 2016 Transform target
Good progress on CET1 ratio towards 2016 Transform target Fully loaded (FL) CRD IV CET1 ratio progression1 RWA reduction (£bn) CET1 40 42 41 Capital (9%) +120bps Spain c.16bps2 o/w Spain (£5bn)2 >11% 442 10.2% 10.3% 413 9.1% 402 c.400 Dec-13 Sep-14 Dec-14 2016 Dec-13 Sep-13 Dec-14 2016 Target Guidan
Slide 7: Leverage ratio progression ahead of plan
Leverage ratio progression ahead of plan Leverage ratio progression1 Leverage exposure reduction (£trn)1 T1 41 45 46 Capital (9%) BCBS 270 +30bps impact >4% 1.36 1.35 1.32 3.7% 1.23 3.4% 3.0% 1 Dec-13 Jun-14 Dec-14 2016 Dec-13 Jun-14 Sep-14 Dec-14 Target • Leverage ratio up significantly to 3.7%, or
Slide 8: Continued progress on the transition towards our target end-state capital structure
Continued progress on the transition towards our „target‟ end-state capital structure Evolution of capital structure Fully loaded CRD IV capital position • Fully loaded CRD IV CET1 ratio at 10.3% (10.2% on PRA transitional basis) ≥17% on track to meet our target of > 11% in 2016. The ratio was well
Slide 9: Transition towards a holding company capital and funding model
Transition towards a holding company capital and funding model Expected creditor hierarchy during transition1 Barclays position • Barclays has started to issue capital and term senior unsecured 1st OpCo Equity External senior debt out of Barclays PLC, the Holding Company Barclays PLC External capita
Slide 10: Proxy Total Loss Absorbing Capacity (TLAC)
Proxy Total Loss Absorbing Capacity (TLAC)1 (£bn) Dec-14 • Proactive transition towards a HoldCo funding and capital model positions us well to meet potential future TLAC PRA transitional Common Equity Tier 1 capital 41 requirements PRA transitional Additional Tier 1 regulatory capital 11 • While re
Slide 11: Maintaining a robust liquidity position, with pool well in excess of requirements
Maintaining a robust liquidity position, with pool well in excess of internal and external minimum requirements High quality liquidity pool (£bn) Key messages Cash & Deposits at Central Banks Government Bonds Other Available Liquidity • Further strengthened liquidity position with the Group liquidit
Slide 12: We maintain access to stable and diverse sources of funding
We maintain access to stable and diverse sources of funding, across customer deposits and wholesale debt Broadly self-funded retail businesses1(£bn) Key messages 91% 92% • Group Loan to Deposit Ratio (LDR) and the LDR for PCB, 89% Barclaycard and Africa Banking broadly unchanged at 100% and 380 360
Slide 13: Summary
Summary • Diversified international bank focused on delivering improved and more sustainable returns Business model • Concentrating on high growth opportunities where we have competitive advantage, eliminating marginal businesses and sharpening our focus on costs • Strengthened capital position with
Slide 14: Q&A
Q&A 14 | Barclays Fixed Income Investor FY 2014 Results Call
Slide 15: Appendix
Appendix 15 | Barclays Fixed Income Investor FY 2014 Results Call
Slide 16: Barclays PLC Parent company accounts
Barclays PLC Parent company accounts Barclays PLC Parent Company Balance Sheet Extract from notes to Parent Company Balance Sheet Balance sheet 46 Barclays PLC (the Parent Company) 2014 2013 Investment in subsidiary As at 31 December Notes £m £m The investment in subsidiary of £33,743m (2013: £30,05
Slide 17: Disclaimer
Disclaimer Important Notice The information, statements and opinions contained in this document do not constitute a public offer under any applicable legislation or an offer to sell or solicitation of any offer to buy any securities or financial instruments or any advice or recommendation with respe