Company: BCS
Filing Date: 2025-02-13
Form Type: 6-K
Source: 0001654954-25-001446
Chunk: 29

Company: BARCLAYS PLC
Filing Date: 2025-02-13
Form: 6-K
Chunk 29
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 — |  — |   — |
| Corporate loans         |  4 | 12 |  — |  16 |
| Total Rest of the World |  4 | 12 |  — |  16 |
| Total                   | 75 | 99 | 24 | 198 |

| 1 | Positive values reflect an increase in impairment allowance and     
 negative values reflect a reduction in the impairment               
 allowance.                                                          |
| 2 | Includes £4.7bn (December 2023: £5.2bn) of modelled ECL,            
 £0.5bn (December 2023: £0.4bn) of individually assessed             
 impairments, £0.4bn (December 2023: £0.3bn) of ECL from             
 non-modelled exposures and debt securities and excludes             
 £(0.3)bn (December 2023: £nil)                                      
 of ECL from assets held for sale (co-branded card                   
 portfolio).                                                         |
| 3 | Management adjustments related to other financial assets subject to 
 impairment not included in the table above include financial assets 
 at fair value through other comprehensive income £(2)m,             
 reverse repurchase agreements £(2)m and cash collateral and         
 settlement balances £(1)m within the IB                             
 portfolio.                                                          |
| 4 | Total impairment allowance consists of ECL stock on drawn and       
 undrawn exposure.                                                   |

#### Economic uncertainty adjustments
**Economic uncertainty adjustments continue to be captured in two ways. Firstly, customer uncertainty: the identification of customers and clients who may be more vulnerable to economic instability; and secondly, model uncertainty: to capture the impact from model limitations and sensitivities to specific macroeconomic parameters which are applied at a portfolio level.

The previously held uncertainty adjustments reflecting affordability concerns were reduced during the year, informed by lower inflationary risk and a resilient credit performance in UK retail lending.

The balance as at 31 December 2024 is £78m (December 2023: £198m) and includes:

Customer and client uncertainty provisions of £53m (December 2023: £166m):**

●

Retail mortgages (UK) £11m (December 2023: £25m): This adjustment reflects the risk of borrowers refinancing onto higher rates in the medium term and was partially utilised during the year.

●

Retail credit cards (UK) £nil (December 2023: £45m) and Retail other