Company: LLOBF
Filing Date: 2025-07-24
Form Type: 6-K
Source: 0001160106-25-000034
Chunk: 52

Company: Lloyds Banking Group plc
Filing Date: 2025-07-24
Form: 6-K
Chunk 52
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18 |
|                                                |                    31 |     |                            |    303 |     |                    48 |     |                        355 |
| Total recognised derivative assets/liabilities |                22,943 |     |                            | 19,879 |     |                24,065 |     |                     21,676 |

| Page 61 of74 |

| LLOYDS BANKING GROUP PLC | 2025HALF-YEAR RESULTS |

Note 12: Allowance for expected credit losses

The calculation of the Group’s allowance for expected credit loss allowances requires the Group to make a number

of judgements, assumptions and estimates. These are set out in full in note 21 to the Group’s financial statements

for the year ended 31 December 2024 , with the most significant set out below.

The table below analyses total ECL allowance by portfolio, separately identifying the amounts that have been

modelled, those that have been individually assessed and those arising through the application of judgemental

adjustments.

| At 30 June2025     | ModelledECL£m |     | Individuallyassessed£m |     |     | Judgementaladjustments£m |      |     | TotalECL£m |
| UK mortgages       |           611 |     |                        |   – |     |                          |   98 |     |        709 |
| Credit cards       |           650 |     |                        |   – |     |                          |    9 |     |        659 |
| Other Retail       |           908 |     |                        |   – |     |                          |  102 |     |      1,010 |
| Commercial Banking |           627 |     |                        | 433 |     |                          |  -51 |     |      1,009 |
| Other              |            15 |     |                        |   – |     |                          |    – |     |         15 |
| Total              |         2,811 |     |                        | 433 |     |                          |  158 |     |      3,402 |
| At 31 December2024 |               |     |                        |     |     |                          |      |     |            |
| UK mortgages       |           720 |     |                        |   – |     |                          |  132 |     |        852 |
| Credit cards       |           681 |     |                        |   –