Company: BCS
Filing Date: 2025-02-13
Form Type: 20-F
Source: 0000312069-25-000114
Chunk: 579

Company: BARCLAYS PLC
Filing Date: 2025-02-13
Form: 20-F
Chunk 579
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The fair value for the purposes of this disclosure has been prepared in accordance with the products held for sale, and valuation

techniques used to determine the expected sales price of these assets and liabilities that will be achieved when the disposal group is

sold.

| Strategy                                      | Shareholderinformation | Climate andsustainability report | Governance | Riskreview | Financialreview |     | Financialstatements |     | Barclays PLC 2024Annual Reporton Form 20-F | 403 |
| Notes to the financial statements (continued) |                        |                                  |            |            |                 |     |                     |     |                                            |     |
| Assets and liabilities held at fair value     |                        |                                  |            |            |                 |     |                     |     |                                            |     |

18 Offsetting financial assets and financial liabilities

T he Group reports financial assets and financial liabilities on a net basis on the balance sheet only if there is a legally enforceable right to

set-off the recognised amounts and there is intention to settle on a net basis, or to realise the asset and settle the liability

simultaneously. The following table shows the impact of netting arrangements on:

▪ All financial assets and liabilities that are reported net on the balance sheet

▪ All derivative financial instruments and reverse repurchase and repurchase agreements and other similar secured lending and

borrowing agreements that are subject to enforceable master netting arrangements or similar agreements, but do not qualify for

balance sheet netting.

The ‘Net amounts’ presented are not intended to represent the Group’s actual exposure to credit risk, as a variety of credit mitigation

strategies are employed in addition to netting and collateral arrangements.

|                                                                 | Amounts subject to enforceable netting arrangements |                |                                        |                            |                      |            | Amounts notsubject toenforceablenettingarrangements3 | Balance sheettotal4 |
|                                                                 |              Effects of offsetting on-balance sheet |                |                                        | Related amounts not offset |                      |            |                                                      |                     |
|                                                                 |                                       Gross amounts | Amountsoffset1 | Net amountsreported onthe balancesheet |       Financialinstruments | Financialcollateral2 | Net amount |                                                      |                     |
|                                                                 |                                                  £m |             £m |                                     £m |                         £m |                   £m |         £m |                                                   £m |                  £m |
| As at 31 December 2024                                          |                                                     |                |                                        |                            |                      |            |                                                      |                     |
| Der