Company: BCS
Filing Date: 2025-02-13
Form Type: 20-F
Source: 0000312069-25-000114
Chunk: 641

Company: BARCLAYS PLC
Filing Date: 2025-02-13
Form: 20-F
Chunk 641
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         -2,130 |     -2,134 |          6,451 |      6,996 |         -2,369 |     -2,336 |
| Mortgage assets                                              |            254 |        263 |            -21 |        -20 |            478 |        499 |            -21 |        -26 |
| Financial assets at FVTPL                                    |                |            |                |            |                |            |                |            |
| Mortgage assets                                              |            576 |        576 |              — |          — |            452 |        452 |              — |          — |
| Assets included in disposal groupclassified as held for sale |                |            |                |            |                |            |                |            |
| Personal Loans                                               |            846 |        826 |              — |          — |              — |          — |              — |          — |
| Total                                                        |         11,791 |     12,363 |         -2,151 |     -2,154 |          7,381 |      7,947 |         -2,390 |     -2,362 |

Balances included within loans and advances at amortised cost represent securitisations where substantially all the risks and rewards of

the asset have been retained by the Group and balances included within Financial assets at FVTPL and Assets included in disposal

groups classified as held for sale represent securitisations where the risks and rewards are neither substantially transferred nor

retained.

The relationship between the transferred assets and the associated liabilities is that holders of notes may only look to cash flows from

the securitised assets for payments of principal and interest due to them under the terms of their notes, although the contractual

terms of their notes may be different to the maturity and interest of the transferred assets.

If Barclays transfers a financial asset but does not transfer or retain substantially all the risk and rewards of the asset and retains control

over it, the transferred assets is recognised to the extent of Barclays’ continuing involvement. Total Financial assets of £ 11,951 (2023:

£ 3,353 m) were originally transferred in this manner and the carrying value of the asset representing continued involvement is included

in the table above.

For transfers of assets in relation to repurchase agreements, refer to Note 37.

Continuing involvement in financial assets that have been derecognised

In some cases, the Group may have transferred a financial asset in