Company: BCS
Filing Date: 2025-02-13
Form Type: 20-F
Source: 0000312069-25-000114
Chunk: 444

Company: BARCLAYS PLC
Filing Date: 2025-02-13
Form: 20-F
Chunk 444
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 risk (continued) |                        |                                  |            |     |            |                 |                     |     |                                            |     |

| Reconciliation to total ECL                               |    £m |
| Total weighted model ECL                                  | 4,737 |
| ECL from individually assessed exposures4                 |   461 |
| ECL from non-modelled exposures and others5               |   358 |
| ECL from debt securities at amortised cost                |    23 |
| ECL from held for sale assets (co-branded card portfolio) |  -282 |
| ECL from post model management adjustments                |   235 |
| Of which: ECL from economic uncertainty adjustments       |    78 |
| Total ECL                                                 | 5,532 |

Notes:

1 Model exposure and ECL reported within Retail credit cards and Retail Other excludes the German consumer finance business, sale of which completed after the balance sheet date.

Model exposure and ECL reported within Retail credit cards and Corporate loans continues to include a co-branded card portfolio, as the sale is expected to close in 2026.

2 Model exposures are allocated to a stage based on an individual scenario rather than a probability-weighted approach, as required for Barclays reported impairment allowances. As a result, it is not

possible to back solve the final reported weighted ECL from individual scenarios given balances may be assigned to a different stage dependent on the scenario.

3 Model exposures allocated to Stage 3 does not change in any of the scenarios as the transition criteria relies only on an observable evidence of default as at 31 December 2024 and not on

macroeconomic scenario.

4 Material corporate loan defaults are individually assessed across different recovery strategies. As a result, ECL of £ 461m is reported as an individually assessed impairment in the reconciliation

table.

5 ECL from non-modelled exposures and others includes ECL on Tesco Bank of £ 209m c alculated using a benchmarked approach based on UK cards and UK retail loans. The sensitivity

of the non-modelled exposures would materially reflect the sensitivity of the benchmarked mo del.

The use of five scenarios with associated weighting results in a total weighted ECL uplift from the Baseline ECL of 1.3% . Retail mortgages: Total weighted ECL of £ 24m represents a 14.3% increase over the Baseline ECL ( £ 21m ) with coverage ratios remaining steady across the Upside scenarios, Baseline and Downside 1 scenario