Company: BCS
Filing Date: 2025-02-13
Form Type: 20-F
Source: 0000312069-25-000114
Chunk: 610

Company: BARCLAYS PLC
Filing Date: 2025-02-13
Form: 20-F
Chunk 610
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 among other things, the amount of the loss resulting from the matter(s) and the amount of profit otherwise reported for the reporting pe rio d.

| Strategy                                      | Shareholderinformation | Climate andsustainability report | Governance | Riskreview | Financialreview |     | Financialstatements |     | Barclays PLC 2024Annual Reporton Form 20-F | 418 |
| Notes to the financial statements (continued) |                        |                                  |            |            |                 |     |                     |     |                                            |     |
| Capital instruments, equity and reserves      |                        |                                  |            |            |                 |     |                     |     |                                            |     |

Capital instruments, equity and reserves The notes included in this section focus on the Group’s loan capital and shareholders’ equity including issued share capital, retained earnings, other equity balances and interests of minority shareholders in our subsidiary entities (non-controlling interests). For more information on capital management and how the Group maintains sufficient capital to meet our regulatory requirements refer to the Capital risk management section. 26 Subordinated liabilities

Accounting for subordinated liabilities

Subordinated liabilities are measured at amortised cost using the effective interest method under IFRS 9.

|                   |   2024 |   2023 |
|                   |     £m |     £m |
| As at 1 January   | 10,494 | 11,423 |
| Issuances         |  1,870 |  1,523 |
| Redemptions       |   -476 | -2,239 |
| Other             |     33 |   -213 |
| As at 31 December | 11,921 | 10,494 |

Issuances of £ 1,870m comprise £ 1,276m EUR 4.973% Fixed Rate Resetting Tier2 Subordinated Callable Notes, £ 258m AUD 6.158%

Fixed to Floating Tier 2 Subordinated Callable notes and £ 257m AUD Floating Rate Tier 2 Subordinated Callable Notes issued externally

by Barclays PLC and £ 79m USD Floating Rate Notes issued externally by a Barclays subsidiary.

Redemptions of £ 476m comprise £ 372m USD 4.375% Fixed Rate Subordinated Notes issued externally by Barclays PLC, £ 78m USD

Floating Rate Notes and £ 26m JPY Floating Rate Notes issued externally by a Barclays subsidiary,

Other movements predominantly comprise foreign exchange movements and fair value hedge adjustments.

Subordinated liabilities include accrued interest