Barclays Plc · LSE:BARC
Barclays — UBS Global Financial Services Conference (May 2009)
7 slides from Barclays's conference presentation, May 12, 2009
Slide 1: Managing the downturn and maintaining momentum
John Varley Group Chief Executive Managing the downturn and maintaining momentum UBS Global Financial Services New York, 12th May 2009 1
Slide 2: Group performance
Group performance 2007 2008 % £m £m change Income 23,000 23,115 1 Operating expenses (13,199) (14,366) 9 Impairment charges (2,795) (5,419) 94 Gains on acquisitions - 2,406 - Profit before tax 7,076 6,077 (14) Earnings per share 68.9p 59.3p Return on equity 20.3% 16.5% 2
Slide 3: 2008 financial performance: Barclays vs. peer group
2008 financial performance Barclays vs. peer group Rank1 Profit before tax £6.1bn 2nd Income growth 08 vs.07 1% 3rd Cost: income ratio 62% 3rd Return on equity 17% 2nd 1. Peer Group :Santander, BBVA, HSBC, BNP, JPM, Lloyds, DB, HBOS, UBS, RBS, Citi Note: Adjustments have been made to the peer number
Slide 4: Q1 2009: Barclays performance highlights
Q1 2009: Barclays performance highlights 3 months 3 months ended ended % 31.03.09 31.03.08 change £m £m Income 8,150 5,723 42 Operating expenses (4,461) (3,247) 37 Impairment charges (2,309) (1,290) 79 Profit before tax 1,372 1,194 15 Cost: income ratio 55% 57% 4
Slide 5: Strong early support from clients
Strong early support from clients Q1 YTD 2009 vs Q1 YTD 2007 (Growth) Client trading volumes Regional client sales Currencies Fixed Income US market +282% +107% +73% Now over 40% of total Barclays Capital 2007 2009 2007 2009 2007 2009 5
Slide 6: Strategic Priorities
Strategic Priorities • Becoming the best bank in the UK • Growing our global businesses • Developing retail and commercial banking businesses in selected markets outside the UK • Operational excellence 6
Slide 7: Forward-looking statements
This document contains certain forward-looking statements within the meaning of Section 21E of the US Securities Exchange Act of 1934, as amended, and Section 27A of the US Securities Act of 1933, as amended, with respect to certain of the Group’s plans and its current goals and expectations relatin
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