Company: BCS
Filing Date: 2025-02-13
Form Type: 20-F
Source: 0000312069-25-000114
Chunk: 640

Company: BARCLAYS PLC
Filing Date: 2025-02-13
Form: 20-F
Chunk 640
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 30 |  -10 |  -21 |              8 |    1 |   26 |
| Other comprehensive income/(loss)                            |          — |    — |    — |             -1 |   -3 |    1 |
| Total comprehensive income/(loss) from continuing operations |         30 |  -10 |  -21 |              7 |   -2 |   27 |

Unrecognised shares of the losses of individually immaterial associates and joint ventures were £ nil ( 2023 : £ nil ).

The Group has provided guarantees amounted to £ nil (2023: £ nil ) to its joint ventures and associates. The Barclays drawn

commitments to finance or otherwise provide resources to its joint ventures and associates are £ 474m ( 2023 : £ 474m ) The Barclays

share of the associates and joint ventures unutilised credit facilities commitments amounted to £ 1,389m ( 2023 : £ 1,695m ).

36 Securitisations Accounting for securitisations The Group uses securitisations as a source of finance and a means of risk transfer. Such transactions generally result in the transfer of contractual cash flows from portfolios of financial assets to holders of issued debt securities. Securitisations may, depending on the individual arrangement, result in continued recognition of the securitised assets and the recognition of the debt securities issued in the transaction; lead to partial continued recognition of the assets to the extent of the Group’s continuing involvement in those assets or lead to derecognition of the assets and the separate recognition, as assets or liabilities, of any rights and obligations created or retained in the transfer. Full derecognition only occurs when the Group transfers both its contractual right to receive cash flows from the financial assets, or retains the contractual rights to receive the cash flows, but assumes a contractual obligation to pay the cash flows to another party without material delay or reinvestment, and also transfers substantially all the risks and rewards of ownership, including credit risk, prepayment risk and interest rate risk. In the course of its normal banking activities, the Group makes transfers of financial assets, either where legal rights to the cash flows from the asset are passed to the counterparty or beneficially, where the Group retains the rights to the cash flows but assumes a responsibility to transfer them to the counterparty. Depending on the nature of the transaction, this may result in derecognition of the assets in their entirety, partial derecognition or no dere