Company: BCS
Filing Date: 2025-02-13
Form Type: 20-F
Source: 0000312069-25-000114
Chunk: 506

Company: BARCLAYS PLC
Filing Date: 2025-02-13
Form: 20-F
Chunk 506
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    14,420 |    15,155 |    15,871 |    16,752 |    17,359 |
| Year-end USD exchange rate                                                       |      1.25 |      1.28 |      1.20 |      1.35 |      1.37 |
| Year-end EUR exchange rate                                                       |      1.21 |      1.15 |      1.13 |      1.19 |      1.11 |

| Strategy                 | Shareholderinformation | Climate andsustainability report | Governance | Riskreview |     | Financialreview | Financialstatements |     | Barclays PLC 2024Annual Reporton Form 20-F | 327 |
| Balance sheet commentary |                        |                                  |            |            |     |                 |                     |     |                                            |     |

2024 compared to 2023 Total assets Total assets increased £ 40.7 bn to £ 1,518.2 bn. Cash and balances at central banks decreased by £ 14.5 bn to £ 210.2 bn primarily driven by a change in the composition of the Group liquidity pool from cash and deposits at central banks to debt securities. Debt securities at amortised cost increased by £11.5bn to £68.2bn and Financial assets at fair value through other comprehensive income increased £ 6.2 bn to £ 78.1 bn primarily driven by a change in the composition of the Group liquidity pool from cash and deposits at central banks to debt securities. Loans and advances at amortised cost to banks and customers increased £3.5bn to £346.3bn driven by the acquisition of Tesco Bank and higher lending in Global Markets, partially offset by the reclassification of a co-branded card portfolio to assets held for sale. Trading portfolio assets decreased £ 8.2 bn to £ 166.5 bn and Financial assets at fair value through the income statement decreased £ 12.9 bn to £ 193.7 bn as i ncreases in client activity and underlying growth in financing balances were more than offset by balance sheet efficiencies and increased netting opportunities. Derivative financial instrument assets increased £ 36.7 bn to £ 293.5 bn. In addition to increased client activity, increased mark-to-market on FX derivatives was driven by USD appreciation in Q424, partially offset by a reduction in interest rate derivatives due to an increase in the USD and GBP forward rate curves. Cash collateral and settlement balances