Company: BCS
Filing Date: 2025-02-13
Form Type: 20-F
Source: 0000312069-25-000114
Chunk: 583

Company: BARCLAYS PLC
Filing Date: 2025-02-13
Form: 20-F
Chunk 583
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 impairment |                    |          |           |                     |        |
| As at 1 January 2023                    |                  — |   -1,642 |    -2,244 |              -1,056 | -4,942 |
| Depreciation charge                     |                  — |     -163 |      -256 |                -157 |   -576 |
| Impairment                              |                  — |      -33 |         — |                 -27 |    -60 |
| Disposals                               |                  — |       10 |       944 |                  48 |  1,002 |
| Exchange and other movements            |                  — |       50 |        -7 |                  21 |     64 |
| As at 31 December 2023                  |                  — |   -1,778 |    -1,563 |              -1,171 | -4,512 |
| Net book value                          |                  2 |    1,800 |       784 |                 831 |  3,417 |

Notes:

1 Right of use (ROU) asset balances relate to property leases under IFRS 16. Refer to Note 20 for further details.

2 Disposals primarily pertain to fully depreciated assets which are not in use.

3 Exchange and other movements in Right of use (ROU) asset balances include modification related to a lease extended by ~ 91years

| Strategy                                       | Shareholderinformation | Climate andsustainability report | Governance | Riskreview | Financialreview |     | Financialstatements |     | Barclays PLC 2024Annual Reporton Form 20-F | 405 |
| Notes to the financial statements (continued)  |                        |                                  |            |            |                 |     |                     |     |                                            |     |
| Assets at amortised cost and other investments |                        |                                  |            |            |                 |     |                     |     |                                            |     |

Property rentals of £ 11m ( 2023 : £ 12m ) have been included in other income. The fair value of investment property is determined by reference to current market prices for similar properties, adjusted as necessary for condition and location, or by reference to recent transactions updated to reflect current economic conditions. Discounted cash flow techniques may be employed to calculate fair value where there have been no recent transactions, using current external market inputs such as market rents and interest rates. Valuations are carried out by management with the support of appropriately qualified