Company: LLOBF
Filing Date: 2025-07-24
Form Type: 6-K
Source: 0001654954-25-008460
Chunk: 57

Company: Lloyds Banking Group plc
Filing Date: 2025-07-24
Form: 6-K
Chunk 57
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87,602 |     |       - |     |       5 |     | 459,857 |
| External assets4                       | 387,322 |     | 148,548 |     | 197,309 |     | 173,518 |     | 906,697 |
| Customer deposits                      | 319,726 |     | 162,645 |     |       - |     |     374 |     | 482,745 |
| External liabilities4                  | 324,730 |     | 207,066 |     | 193,519 |     | 135,494 |     | 860,809 |

1 In the half-year to 30 June 2025, for segment reporting, the Group revised its allocation methodology. Certain divisional variable payment related costs are now included within underlying other income; comparative figures have been represented on a consistent basis. Total Group figures are unaffected by this change.

2 Net of profits on disposal of operating lease assets of £37 million in the half-year to 30 June 2024 and £22 million in the half-year to 31 December 2024.

3 Other includes centralised fair value hedge accounting adjustments.

4 The Insurance, Pensions and Investments operating segment external assets included £5,122 million at 31 December 2024 within disposal group assets and external liabilities included £5,268 million at 31 December 2024 in disposal group liabilities.

NOTES TO THE CONDENSED CONSOLIDATED HALF-YEAR FINANCIAL STATEMENTS (UNAUDITED) (continued)

Note 3: Segmental analysis (continued)

The table below reconciles the statutory results to the underlying basis.

| Statutory basis               |        |     | Removal of: |     |           |     | Underlying basisA |     |                                |
|                               |     £m |     |  Volatility 
   and other 
  items1,2,3 
          £m |     | Insurance 
 gross up4 
        £m |     |                £m |     |                                |
| Half-year to 30 June 2025     |        |     |             |     |           |     |                   |     |                                |
| Net interest income           |  6,478 |     |         177 |     |         - |     |             6,655 |     | Underlying net interest income |
| Other income                  |  2,908 |     |         -68 |