Company: BCS
Filing Date: 2025-02-13
Form Type: 6-K
Source: 0001654954-25-001446
Chunk: 25

Company: BARCLAYS PLC
Filing Date: 2025-02-13
Form: 6-K
Chunk 25
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4 compared to 2023

#### Income statement
●

#### Loss before tax was £767m (2023: £970m)
●

Total income decreased to £294m (2023: £510m) mainly driven by the £220m loss on sale of the performing Italian retail mortgage portfolio and the £9m negative impact from the disposal of the German consumer finance business.

#### ●

Total operating expenses decreased to £979m (2023: £1,414m) mainly due to the non-repeat of prior year structural cost actions. Q424 included a £90m provision in relation to historical motor finance commission arrangements 1

●

Credit impairment charges were £119m (2023: £60m), including a £26m loss on sale on the non-performing Italian mortgage portfolio. The lower charge in the prior period was influenced by easing inflationary pressure in the modelled German consumer finance business

#### Balance sheet
●

RWAs decreased to £16.2bn (December 2023: £19.0bn) mainly from the sale of the Italian retail mortgage portfolios and a decrease in relation to merchant acquiring cash in transit settlement balances

| 1 | See Note 25 Legal, competition and regulatory matters of the     
 Barclays 2024 Annual Report for more information on the basis of 
 preparation.                                                     |

#### Quarterly Results Summary
| Barclays Group                                           |         |         |         |         |     |         |         |         |         |
|                                                          |    Q424 |    Q324 |    Q224 |    Q124 |     |    Q423 |    Q323 |    Q223 |    Q123 |
| Income statement information                             |      £m |      £m |      £m |      £m |     |      £m |      £m |      £m |      £m |
| Net interest income                                      |   3,500 |   3,308 |   3,056 |   3,072 |     |   3,139 |   3,247 |   3,270 |   3,053 |
| Net fee, commission and other income                     |   3,464 |   3,239 |   3,268 |   3,881 |     |   2,459 |   3,011 |   3,015 |   4,184 |
| Total income                                             |   6,964 |   6,