Company: BCS
Filing Date: 2025-02-13
Form Type: 20-F
Source: 0000312069-25-000114
Chunk: 549

Company: BARCLAYS PLC
Filing Date: 2025-02-13
Form: 20-F
Chunk 549
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2,069 |                           -94 |    1,975 |                        1,956 |                           -73 | 1,883 |                        1,446 |                          -263 | 1,183 |
| Cash collateral and settlement balances                            |                           -3 |                             — |       -3 |                            4 |                             — |     4 |                           28 |                             — |    28 |
| Financial instruments at fair value                                |                            1 |                             — |        1 |                           -1 |                             — |    -1 |                            9 |                             — |     9 |
| Reverse Repo                                                       |                            8 |                             — |        8 |                            — |                             — |     — |                            — |                             — |     — |
| Other financial asset measured at cost                             |                            1 |                             — |        1 |                           -5 |                             — |    -5 |                            — |                             — |     — |
| Credit impairment charges /(releases)                              |                        2,076 |                           -94 |    1,982 |                        1,954 |                           -73 | 1,881 |                        1,483 |                          -263 | 1,220 |

Notes:

1 Recoveries and reimbursements include £ 15 m (2023 : £ 29 m, 2022: £ 199 m) for reimbursements expected to be received under the arrangement where Group has entered into financial

guarantee contracts which provide credit protection over certain assets with third parties and cash recoveries of previously written off amounts of £ 79 m (2023: £ 44 m, 2022: £ 64 m).

2 Includes net impairment charge relating to portfolios classified as held for sale. These include a co-branded card portfolio £ 160 m within USCB and German Consumer Finance business

£ 74 m.

3 Includes net impairment charge of £ 209 m on the acquisition of Tesco Bank.

4 Includes Debt securities measured at amortised cost.

Write-offs that can be subjected to enforcement activity

The contractual amount outstanding on financial assets that were written off during the year and that can still be subjected to

enforcement activit y is £ 746 m ( 2023 : £ 597 m, 2022: £ 949 m) including £ 45 m (2023: £ 41 m) pertaining to German consumer finance

business classified as held for sale.Thi s is lower than the