Group Reporting Changes 2007

Barclays PLC 19 June 2007 19th June 2007 BARCLAYS PLC GROUP REPORTING CHANGES IN 2007 Barclays PLC today announces the impact of certain changes in Group structure and reporting on 2006 and 2005 results, as advised in the Trading Update on the 24th of May. The restatements have no impact on the Group Income Statement or Balance Sheet. The 2006 and 2005 results for the businesses impacted are restated on pages 2 to 34 to show the effect of these changes. Group structure changes - effective 1st January 2007 UK Retail Banking. The unsecured lending business, previously managed and reported within Barclaycard and the Barclays Financial Planning business, previously managed and reported within Barclays Wealth are now managed and reported within UK Retail Banking. The changes combine these products with related products already offered by UK Retail Banking. In the UK certain UK Premier customers are now managed and reported within Barclays Wealth. Barclaycard. The unsecured lending portfolio, previously managed and reported within Barclaycard, is now managed and reported within UK Retail Banking. International Retail and Commercial Banking - excluding Absa. A number of high net worth customers are now managed and reported within Barclays Wealth in order to better match client profiles to wealth services. Barclays Wealth. In the UK and Western Europe certain Premier and high net worth customers are now managed and reported within Barclays Wealth having been previously reported within UK Retail Banking and International Retail and Commercial Banking - excluding Absa. The Barclays Financial Planning business previously managed and reported within Barclays Wealth, is now managed and reported within UK Retail Banking. Finally with effect from 1st January 2007 Barclays Wealth - closed life assurance activities continues to be managed within Barclays Wealth and for reporting purposes has been combined rather than being reported separately. The structure and reporting remains unchanged for UK Business Banking, International Retail and Commercial Banking- Absa, Barclays Capital, Barclays Global Investors and Head Office Functions and Other Operations. For further information please contact: Investor Relations Media Relations Mark Merson/James S Johnson Alistair Smith/Robin Tozer +44 (0) 20 7116 5752/2927 +44 (0) 20 7116 6132/6586 The information in this announcement does not comprise statutory accounts within the meaning of Section 240 of the Companies Act 1985 (the 'Act'). Statutory accounts for the years ended 31st December 2006 and 31st December 2005, which also include certain information required for the joint Annual Report on Form 20-F of Barclays PLC and Barclays Bank PLC to the US Securities and Exchange Commission, have been delivered to the Registrar of Companies in accordance with Section 242 of the Act and the group's auditors have reported on those accounts and have given an unqualified report which does not contain a statement under Section 237(2) or (3) of the Act. Business analysis of profit before tax net of restatements Group Structure and 2006 as disclosure 2006 2005 published changes restated restated Â£m Â£m Â£m Â£m UK Banking 2,578 (32) 2,546 2,236 UK Retail Banking 1,213 (32) 1,181 1,076 UK Business Banking 1,365 - 1,365 1,160 Barclaycard 382 76 458 639 International Retail and Commercial 1,270 (54) 1,216 593 Banking (IRCB) IRCB - ex Absa 572 (54) 518 295 IRCB - Absa 698 - 698 298 Barclays Capital 2,216 - 2,216 1,431 Barclays Global Investors 714 - 714 540 Barclays Wealth 213 32 245 164 Barclays Wealth - closed life 22 (22) - - Head office functions and other (259) - (259) (323) operations Profit before tax 7,136 - 7,136 5,280 UK Banking Group 2006 as structure 2006 2005 published changes restated restated Â£m Â£m Â£m Â£m Net interest income 4,035 432 4,467 4,213 Net fee and commission income 1,861 71 1,932 1,728 Net trading income 2 - 2 - Net investment income 28 - 28 26 Principal transactions 30 - 30 26 Net premiums from insurance contracts 269 15 284 298 Other income 63 - 63 32 Total income 6,258 518 6,776 6,297 Net claims and benefits on insurance (35) - (35) (61) contracts Total income net of insurance claims 6,223 518 6,741 6,236 Impairment charges (461) (426) (887) (671) Net income 5,762 92 5,854 5,565 Operating expenses excluding (3,263) (124) (3,387) (3,323) amortisation of intangible assets Amortisation of intangible assets (2) - (2) (3) Operating expenses (3,265) (124) (3,389) (3,326) Share of post-tax results of 5 - 5 (3) associates and joint ventures Profit on disposal of subsidiaries, 76 - 76 - associates and joint ventures Profit before tax 2,578 (32) 2,546 2,236 Cost:income ratio (1) 52% 50% 53% Cost:net income ratio (2) 57% 58% 60% Risk Tendency Â£515m Â£790m Â£665m Return on average economic capital 38% 26% 21% Economic profit Â£1,431m Â£1,327m Â£1,069m Loans and advances to customers Â£123.9bn Â£131.0bn Â£125.5bn Customer accounts Â£142.4bn Â£139.7bn Â£127.2bn Staff Numbers 41,100 42,600 41,100 Total assets Â£139.9bn Â£147.6bn Â£138.0bn Risk weighted assets Â£84.9bn Â£93.0bn Â£87.9bn (1)The cost:income ratio is defined as operating expenses compared to total income net of insurance claims. The cost: income ratio for UK Banking for 2004 was 56%. (2)The cost:net income ratio is defined as operating expenses compared to total income net of insurance claims, less impairment charges. UK Retail Banking Group 2006 as structure 2006 2005 published changes restated restated Â£m Â£m Â£m Â£m Net interest income 2,333 432 2,765 2,677 Net fee and commission income 1,219 71 1,290 1,139 Net trading income - - - - Net investment income - - - 9 Principal transactions - - - 9 Net premiums from insurance contracts 269 15 284 298 Other income 42 - 42 15 Total income 3,863 518 4,381 4,138 Net claims and benefits on insurance (35) - (35) (61) contracts Total income net of insurance claims 3,828 518 4,346 4,077 Impairment charges (209) (426) (635) (494) Net income 3,619 92 3,711 3,583 Operating expenses excluding (2,407) (124) (2,531) (2,501) amortisation of intangible assets Amortisation of intangible assets (1) - (1) - Operating expenses (2,408) (124) (2,532) (2,501) Share of post-tax results of 2 - 2 (6) associates and joint ventures Profit before tax 1,213 (32) 1,181 1,076 Cost:income ratio (1) 63% 58% 61% Cost:net income ratio (2) 67% 68% 70% Risk Tendency Â£225m Â£500m Â£415m Return on average economic capital 39% 28% 26% Economic profit Â£693m Â£589m Â£525m Loans and advances to customers Â£67.6bn Â£74.7bn Â£72.1bn Customer accounts Â£85.0bn Â£82.3bn Â£76.3bn Staff Numbers 33,000 34,500 33,300 Total assets Â£74.0bn Â£81.7bn Â£78.1bn Risk weighted assets Â£34.9bn Â£43.0bn Â£40.8bn (1)The cost:income ratio is defined as operating expenses compared to total income net of insurance claims. (2)The cost:net income ratio is defined as operating expenses compared to total income net of insurance claims, less impairment charges. UK Business Banking Group 2006 as structure 2006 as 2005 as published changes published published Â£m Â£m Â£m Â£m Net interest income 1,702 - 1,702 1,536 Net fee and commission income 642 - 642 589 Net trading income 2 - 2 - Net investment income 28 - 28 17 Principal transactions 30 - 30 17 Other income 21 - 21 17 Total income 2,395 - 2,395 2,159 Impairment charges (252) - (252) (177) Net income 2,143 - 2,143 1,982 Operating expenses excluding (856) - (856) (822) amortisation of intangible assets Amortisation of intangible assets (1) - (1) (3) Operating expenses (857) - (857) (825) Share of post-tax results of 3 - 3 3 associates and joint ventures Profit on disposal of subsidiaries, 76 - 76 - associates and joint ventures Profit before tax 1,365 - 1,365 1,160 Cost:income ratio (1) 36% 36% 38% Cost:net income ratio (2) 40% 40% 42% Risk Tendency Â£290m Â£290m Â£250m Return on average economic capital 37% 37% 31% Economic profit Â£738m Â£738m Â£544m Loans and advances to customers Â£56.3bn Â£56.3bn Â£53.4bn Customer accounts Â£57.4bn Â£57.4bn Â£50.9bn Staff Numbers 8,100 8,100 7,800 Total assets Â£65.9bn Â£65.9bn Â£59.9bn Risk weighted assets Â£50.0bn Â£50.0bn Â£47.1bn (1)The cost:income ratio is defined as operating expenses compared to total income net of insurance claims. (2)The cost:net income ratio is defined as operating expenses compared to total income net of insurance claims, less impairment charges. Barclaycard Group 2006 as structure 2006 2005 published changes restated restated Â£m Â£m Â£m Â£m Net interest income 1,843 (460) 1,383 1,231 Net fee and commission income 1,054 52 1,106 1,065 Net investment income 15 - 15 - Net premiums from insurance 33 (15) 18 6 contracts Total income 2,945 (423) 2,522 2,302 Net claims and benefits on (8) - (8) (3) insurance contracts Total income net of insurance 2,937 (423) 2,514 2,299 claims Impairment charge and other (1,493) 426 (1,067) (753) credit provisions Net income 1,444 3 1,447 1,546 Operating expenses excluding (1,037) 73 (964) (891) amortisation of intangible assets Amortisation of intangible assets (17) - (17) (17) Operating expenses (1,054) 73 (981) (908) Share of post-tax results of (8) - (8) 1 associates and joint ventures Profit before tax 382 76 458 639 Cost:income ratio (1) 36% 39% 39% Cost:net income ratio (2) 73% 68% 59% Risk Tendency Â£1,410m Â£1,135m Â£865m Return on average economic 10% 16% 24% capital Economic profit Â£nil Â£137m Â£269m Loans and advances to customers Â£25.5bn Â£18.2bn Â£16.5bn Staff Numbers 8,600 8,500 7,700 Total assets Â£27.6bn Â£20.1bn Â£18.2bn Risk weighted assets Â£25.2bn Â£17.0bn Â£13.6bn (1)The cost:income ratio is defined as operating expenses compared to total income net of insurance claims. (2)The cost:net income ratio is defined as operating expenses compared to total income net of insurance claims, less impairment charges. International Retail and Commercial Banking Group 2006 as structure 2006 2005 published changes restated restated Â£m Â£m Â£m Â£m Net interest income 1,659 (6) 1,653 1,045 Net fee and commission income 1,303 (82) 1,221 644 Net trading income 6 - 6 3 Net investment income 188 - 188 143 Principal transactions 194 - 194 146 Net premiums from insurance contracts 351 - 351 227 Other income 74 - 74 60 Total income 3,581 (88) 3,493 2,122 Net claims and benefits on insurance (244) - (244) (206) contracts Total income net of insurance claims 3,337 (88) 3,249 1,916 Impairment charges (167) - (167) (33) Net income 3,170 (88) 3,082 1,883 Operating expenses excluding (2,111) 34 (2,077) (1,289) amortisation of intangible assets Amortisation of intangible assets (85) - (85) (47) Operating expenses (2,196) 34 (2,162) (1,336) Share of post-tax results of 49 - 49 46 associates and joint ventures Profit on disposal of subsidiaries, 247 - 247 - associates and joint ventures Profit before tax 1,270 (54) 1,216 593 Cost:income ratio (1) 66% 67% 70% Cost:net income ratio (2) 69% 70% 71% Risk Tendency Â£220m Â£220m Â£175m Return on average economic capital 37% 36% 17% Economic profit Â£530m Â£493m Â£179m Loans and advances to customers Â£53.5bn Â£53.2bn Â£49.2bn Customer accounts Â£22.5bn Â£22.1bn Â£22.4bn Staff Numbers 48,000 47,800 45,200 Total assets Â£68.9bn Â£68.6bn Â£63.4bn Risk weighted assets Â£41.1bn Â£40.8bn Â£41.0bn (1)The cost:income ratio is defined as operating expenses compared to total income net of insurance claims. (2)The cost:net income ratio is defined as operating expenses compared to total income net of insurance claims, less impairment charges. International Retail and Commercial Banking - excluding Absa Group 2006 as structure 2006 2005 published changes restated restated Â£m Â£m Â£m Â£m Net interest income 610 (6) 604 557 Net fee and commission income 448 (82) 366 316 Net trading income 17 - 17 31 Net investment income 66 - 66 88 Principal transactions 83 - 83 119 Net premiums from insurance contracts 111 - 111 129 Other income 20 - 20 23 Total income 1,272 (88) 1,184 1,144 Net claims and benefits on insurance (138) - (138) (162) contracts Total income net of insurance claims 1,134 (88) 1,046 982 Impairment charges (41) - (41) (14) Net income 1,093 (88) 1,005 968 Operating expenses excluding (799) 34 (765) (706) amortisation of intangible assets Amortisation of intangible assets (9) - (9) (6) Operating expenses (808) 34 (774) (712) Share of post-tax results of 40 - 40 39 associates and joint ventures Profit on disposal of subsidiaries, 247 - 247 - associates and joint ventures Profit before tax 572 (54) 518 295 Cost:income ratio (1) 71% 74% 73% Cost:net income ratio (2) 74% 77% 74% Risk Tendency Â£75m Â£75m Â£75m Return on average economic capital 39% 36% 17% Economic profit Â£346m Â£309m Â£89m Loans and advances to customers Â£29.3bn Â£29.0bn Â£25.3bn Customer accounts Â£11.4bn Â£11.0bn Â£10.2bn Staff Numbers 14,100 13,900 12,500 Total assets Â£38.5bn Â£38.2bn Â£34.0bn Risk weighted assets Â£20.4bn Â£20.1bn Â£20.2bn (1)The cost:income ratio is defined as operating expenses compared to total income net of insurance claims. (2)The cost:net income ratio is defined as operating expenses compared to total income net of insurance claims, less impairment charges. International Retail and Commercial Banking - Absa Group 2006 as structure 2006 as 2005 as published changes published published Â£m Â£m Â£m Â£m Net interest income 1,049 - 1,049 488 Net fee and commission income 855 - 855 328 Net trading income (11) - (11) (28) Net investment income 122 - 122 55 Principal transactions 111 - 111 27 Net premiums from insurance 240 - 240 98 contracts Other income 54 - 54 37 Total income 2,309 - 2,309 978 Net claims and benefits on (106) - (106) (44) insurance contracts Total income net of insurance 2,203 - 2,203 934 claims Impairment charges (126) - (126) (19) Net income 2,077 - 2,077 915 Operating expenses excluding (1,312) - (1,312) (583) amortisation of intangible assets Amortisation of intangible assets (76) - (76) (41) Operating expenses (1,388) - (1,388) (624) Share of post-tax results of 9 - 9 7 associates and joint ventures Profit before tax 698 - 698 298 Cost:income ratio (1) 63% 63% 67% Cost:net income ratio (2) 67% 67% 37% Risk Tendency Â£145m Â£145m Â£100m Return on average economic capital 34% 34% 36% Economic profit Â£184m Â£184m Â£90m Loans and advances to customers Â£24.2bn Â£24.2bn Â£23.9bn Customer accounts Â£11.1bn Â£11.1bn Â£12.2bn Staff Numbers 33,900 33,900 32,700 Total assets Â£30.4bn Â£30.4bn Â£29.4bn Risk weighted assets Â£20.7bn Â£20.7bn Â£20.8bn (1)The cost:income ratio is defined as operating expenses compared to total income net of insurance claims. (2)The cost:net income ratio is defined as operating expenses compared to total income net of insurance claims, less impairment charges. Barclays Capital Group 2006 as structure 2006 as 2005 as published changes published published Â£m Â£m Â£m Â£m Net interest income 1,158 - 1,158 1,065 Net fee and commission income 952 - 952 776 Net trading income 3,562 - 3,562 2,231 Net investment income 573 - 573 413 Principal transactions 4,135 - 4,135 2,644 Other income 22 - 22 20 Total income 6,267 - 6,267 4,505 Impairment charges (42) - (42) (111) Net income 6,225 - 6,225 4,394 Operating expenses excluding (3,996) - (3,996) (2,961) amortisation of intangible assets Amortisation of intangible assets (13) - (13) (2) Operating expenses (4,009) - (4,009) (2,963) Profit before tax 2,216 - 2,216 1,431 Cost:income ratio (1) 64% 64% 66% Cost:net income ratio (2) 64% 64% 67% Average DVaR Â£37m Â£37m Â£32m Risk Tendency Â£95m Â£95m Â£110m Return on average economic capital 41% 41% 34% Average net income generated per Â£560 Â£560 Â£498 member of staff ('000) Economic profit Â£1,181m Â£1,181m Â£706m Staff Numbers 13,200 13,200 9,900 Total assets Â£657.9bn Â£657.9bn Â£601.2bn Risk weighted assets Â£137.6bn Â£137.6bn Â£116.7bn Corporate Lending Portfolio Â£40.6bn Â£40.6bn Â£40.1bn (1)The cost:income ratio is defined as operating expenses compared to total income net of insurance claims. (2)The cost:net income ratio is defined as operating expenses compared to total income net of insurance claims, less impairment charges. Barclays Global Investors Group 2006 as structure 2006 as 2005 as published changes published published Â£m Â£m Â£m Â£m Net interest income 10 - 10 15 Net fee and commission income 1,651 - 1,651 1,297 Net trading income 2 - 2 2 Net investment income 2 - 2 4 Principal transactions 4 - 4 6 Total income 1,665 - 1,665 1,318 Operating expenses excluding (946) - (946) (775) amortisation of intangible assets Amortisation of intangible assets (5) - (5) (4) Operating expenses (951) - (951) (779) Share of post-tax results of - - - 1 associates and joint ventures Profit before tax 714 - 714 540 Cost:income ratio (1) 57% 57% 59% Average income generated per member Â£666 Â£666 Â£628 of staff ('000) Return on average economic capital 228% 228% 248% Economic profit Â£376m Â£376m Â£299m Staff Numbers 2,700 2,700 2,300 Total assets Â£80.5bn Â£80.5bn Â£80.9bn Risk weighted assets Â£1.4bn Â£1.4bn Â£1.5bn (1)The cost:income ratio is defined as operating expenses compared to total income net of insurance claims. Barclays Wealth Group structure and 2006 as disclosure 2006 2005 published changes restated restated Â£m Â£m Â£m Â£m Net interest income 366 26 392 346 Net fee and commission income 665 9 674 593 Net trading income - 2 2 - Net investment income - 154 154 264 Principal transactions - 156 156 264 Net premiums from insurance - 210 210 195 contracts Other income 5 11 16 11 Total income 1,036 412 1,448 1,409 Net claims and benefits on insurance - (288) (288) (375) contacts Total income net of insurance claims 1,036 124 1,160 1,034 Impairment charges (2) - (2) (2) Net income 1,034 124 1,158 1,032 Operating expenses excluding (817) (92) (909) (866) amortisation of intangible assets (1) Amortisation of intangible assets (4) - (4) (2) Operating expenses (821) (92) (913) (868) Profit before tax 213 32 245 164 Cost:income ratio (2) 79% 79% 84% Cost:net income ratio (3) 79% 79% 84% Risk Tendency Â£10m Â£10m Â£5m Return on average economic capital 48% 40% 33% Average net income per member of 138 181 167 staff (Â£'000) Economic profit Â£144m Â£130m Â£103m Customer accounts Â£25.2bn Â£28.3bn Â£25.8bn Loans and advances to customers Â£5.7bn Â£6.2bn Â£5.0bn Staff Numbers 7,800 6,600 6,200 Total assets Â£7.3bn Â£15.0bn Â£13.4bn Risk weighted assets Â£5.7bn Â£6.1bn Â£4.3bn Total Client Assets Â£93.0bn Â£116.1bn Â£97.5bn (1)Operating expenses excluding amortisation of intangibles includes Â£67m and Â£85m relating to endowment redress costs in 2006 and 2005 respectively. (2)The cost:income ratio is defined as operating expenses compared to total income net of insurance claims. (3)The cost:net income ratio is defined as operating expenses compared to total income net of insurance claims, less impairment charges. Barclays Wealth - closed life Group 2006 as disclosure 2006 2005 published changes restated restated Â£m Â£m Â£m Â£m Net interest income (8) 8 - - Net fee and commission income 50 (50) - - Net trading income 2 (2) - - Net investment income 154 (154) - - Principal transactions 156 (156) - - Net premiums from insurance 210 (210) - - contracts Other income 11 (11) - - Total income 419 (419) - - Net claims and benefits on (288) 288 - - insurance contracts Total income net of insurance 131 (131) - - claims Operating expenses (109) 109 - - Profit/(loss) before tax 22 (22) - - Cost:income ratio (1) 83% Return on average economic (22%) - - capital Economic loss (Â£18m) - - Staff Numbers - - - Total assets Â£7.6bn - - (1)The cost:income ratio is defined as operating expenses compared to total income net of insurance claims. Head Office Functions and Other Operations Group 2006 as structure 2006 2005 published changes restated restated Â£m Â£m Â£m Â£m Net interest income 80 - 80 160 Net fee and commission income (359) - (359) (398) Net trading income 40 - 40 85 Net investment income 2 - 2 8 Principal transactions 42 - 42 93 Net premiums from insurance 197 - 197 146 contracts Other income 39 - 39 24 Total income (1) - (1) 25 Impairment releases/(charges) 11 - 11 (1) Net income 10 - 10 24 Operating expenses excluding (259) - (259) (343) amortisation of intangible assets Amortisation of intangible assets (10) - (10) (4) Operating expenses (269) - (269) (347) Loss before tax (259) - (259) (323) Risk Tendency Â£10m Â£10m Â£25m Staff Numbers 1,200 1,200 900 Total assets Â£7.1bn Â£7.1bn Â£9.3bn Risk weighted assets Â£1.9bn Â£1.9bn Â£4.0bn Total assets Group 2006 as structure 2006 2005 Published changes restated restated Â£m Â£m Â£m Â£m UK Banking 139,902 7,674 147,576 137,981 UK Retail Banking 74,018 7,674 81,692 78,066 UK Business Banking 65,884 - 65,884 59,915 Barclaycard 27,628 (7,546) 20,082 18,236 International Retail and Commercial 68,848 (260) 68,588 63,383 Banking (IRCB) IRCB - ex Absa 38,451 (260) 38,191 34,022 IRCB - Absa 30,397 - 30,397 29,361 Barclays Capital 657,922 - 657,922 601,193 Barclays Global Investors 80,515 - 80,515 80,900 Barclays Wealth 7,285 7,737 15,022 13,401 Barclays Wealth - closed life 7,605 (7,605) - - Head office functions and other 7,082 7,082 9,263 operations Total assets 996,787 - 996,787 924,357 Risk Weighted Assets Group 2006 as structure 2006 2005 Published changes restated restated Â£m Â£m Â£m Â£m UK Banking 84,903 8,078 92,981 87,971 UK Retail Banking 34,942 8,078 43,020 40,845 UK Business Banking 49,961 - 49,961 47,126 Barclaycard 25,203 (8,168) 17,035 13,625 International Retail and Commercial 41,053 (236) 40,810 41,069 Banking (IRCB) IRCB - ex Absa 20,325 (236) 20,082 20,235 IRCB - Absa 20,728 - 20,728 20,834 Barclays Capital 137,635 - 137,635 116,677 Barclays Global Investors 1,375 - 1,375 1,456 Barclays Wealth 5,744 326 6,077 4,305 Barclays Wealth - closed life - - - - Head office functions and other 1,920 - 1,920 4,045 operations Risk Weighted Assets 297,833 - 297,833 269,148 Profit before tax net of restatements Half-year ended 2006 31.12.06 30.06.06 Â£m Â£m Â£m UK Banking 2,546 1,293 1,253 UK Retail Banking 1,181 581 600 UK Business Banking 1,365 712 653 Barclaycard 458 132 326 International Retail and Commercial Banking 1,216 704 512 (IRCB) IRCB - ex Absa 518 323 195 IRCB - Absa 698 381 317 Barclays Capital 2,216 970 1,246 Barclays Global Investors 714 350 364 Barclays Wealth 245 116 129 Barclays Wealth - closed life - - - Head office functions and other operations (259) (102) (157) Profit before tax 7,136 3,463 3,673 UK Banking Half-year ended 2006 31.12.06 30.06.06 Â£m Â£m Â£m Net interest income 4,467 2,287 2,180 Net fee and commission income 1,932 985 947 Net trading income 2 - 2 Net investment income 28 11 17 Principal transactions 30 11 19 Net premiums from insurance contracts 284 141 143 Other income 63 61 2 Total income 6,776 3,485 3,291 Net claims and benefits on insurance (35) (7) (28) contracts Total income net of insurance claims 6,741 3,478 3,263 Impairment charges (887) (481) (406) Net income 5,854 2,997 2,857 Operating expenses excluding (3,387) (1,782) (1,605) amortisation of intangible assets Amortisation of intangible assets (2) (1) (1) Operating expenses (3,389) (1,783) (1,606) Share of post-tax results of associates 5 3 2 and joint ventures Profit on disposal of subsidiaries, 76 76 - associates and joint ventures Profit before tax 2,546 1,293 1,253 Cost:income ratio (1) 50% 51% 49% Cost:net income ratio (2) 58% 59% 56% Return on average economic capital 26% 27% 24% Economic profit Â£1,327m Â£734m Â£593m Staff Numbers 42,600 42,900 Loans and advances to customers Â£131.0bn Â£127.8bn Customer accounts Â£139.7bn Â£133.4bn Total assets Â£147.6bn Â£142.0bn Risk weighted assets Â£93.0bn Â£92.8bn (1)The cost:income ratio is defined as operating expenses compared to total income net of insurance claims. (2)The cost:net income ratio is defined as operating expenses compared to total income net of insurance claims, less impairment charges. UK Retail Banking Half-year ended 2006 31.12.06 30.06.06 Â£m Â£m Â£m Net interest income 2,765 1,407 1,358 Net fee and commission income 1,290 654 636 Net trading income - - - Net investment income - - - Principal transactions - - - Net premiums from insurance contracts 284 141 143 Other income 42 42 - Total income 4,381 2,244 2,137 Net claims and benefits on insurance (35) (7) (28) contracts Total income net of insurance claims 4,346 2,237 2,109 Impairment charges (635) (329) (306) Net income 3,711 1,908 1,803 Operating expenses excluding amortisation (2,531) (1,328) (1,203) of intangible assets Amortisation of intangible assets (1) (1) - Operating expenses (2,532) (1,329) (1,203) Share of post-tax results of associates and 2 2 - joint ventures Profit on disposal of subsidiaries, - - - associates and joint ventures Profit before tax 1,181 581 600 Cost:income ratio (1) 58% 59% 57% Cost:net income ratio (2) 68% 70% 67% Return on average economic capital 28% 30% 26% Economic profit Â£589m Â£323m Â£266m Staff Numbers 34,500 35,000 Loans and advances to customers Â£74.7bn Â£72.2bn Customer accounts Â£82.3bn Â£79.1bn Total assets Â£81.7bn Â£78.5bn Risk weighted assets Â£43.0bn Â£42.0bn (1)The cost:income ratio is defined as operating expenses compared to total income net of insurance claims. (2)The cost:net income ratio is defined as operating expenses compared to total income net of insurance claims, less impairment charges. UK Business Banking Half-year ended 2006 31.12.06 30.06.06 Â£m Â£m Â£m Net interest income 1,702 880 822 Net fee and commission income 642 331 311 Net trading income 2 - 2 Net investment income 28 11 17 Principal transactions 30 11 19 Other income 21 19 2 Total income 2,395 1,241 1,154 Impairment charges (252) (152) (100) Net income 2,143 1,089 1,054 Operating expenses excluding amortisation (856) (454) (402) of intangible assets Amortisation of intangible assets (1) - (1) Operating expenses (857) (454) (403) Share of post-tax results of associates 3 1 2 and joint ventures Profit on disposal of subsidiaries, 76 76 - associates and joint ventures Profit before tax 1,365 712 653 Cost:income ratio (1) 36% 37% 35% Cost:net income ratio (2) 40% 42% 38% Return on average economic capital 37% 39% 35% Economic profit Â£738m Â£411m Â£327m Staff Numbers 8,100 7,900 Loans and advances to customers Â£56.3bn Â£55.6bn Customer accounts Â£57.4bn Â£54.3bn Total assets Â£65.9bn Â£63.5bn Risk weighted assets Â£50.0bn Â£50.8bn (1)The cost:income ratio is defined as operating expenses compared to total income net of insurance claims. (2)The cost:net income ratio is defined as operating expenses compared to total income net of insurance claims, less impairment charges. Barclaycard Half-year ended 2006 31.12.06 30.06.06 Â£m Â£m Â£m Net interest income 1,383 705 678 Net fee and commission income 1,106 544 562 Net investment income 15 - 15 Net premiums from insurance contracts 18 11 7 Total income 2,522 1,260 1,262 Net claims and benefits on insurance (8) (4) (4) contracts Total income net of insurance claims 2,514 1,256 1,258 Impairment charge and other credit (1,067) (579) (488) provisions Net income 1,447 677 770 Operating expenses excluding amortisation (964) (527) (437) of intangible assets Amortisation of intangible assets (17) (9) (8) Operating expenses (981) (536) (445) Share of post-tax results of associates (8) (9) 1 and joint ventures Profit before tax 458 132 326 Cost:income ratio (1) 39% 43% 35% Cost:net income ratio (2) 68% 79% 58% Return on average economic capital 16% 12% 20% Economic profit Â£137m Â£22m Â£115m Staff Numbers 8,500 8,300 Loans and advances to customers Â£18.2bn Â£17.4bn Total assets Â£20.1bn Â£19.2bn Risk weighted assets Â£17.0bn Â£15.7bn (1)The cost:income ratio is defined as operating expenses compared to total income net of insurance claims. (2)The cost:net income ratio is defined as operating expenses compared to total income net of insurance claims, less impairment charges. International Retail and Commercial Banking Half-year ended 2006 31.12.06 30.06.06 Â£m Â£m Â£m Net interest income 1,653 809 844 Net fee and commission income 1,221 593 628 Net trading income 6 3 3 Net investment income 188 141 47 Principal transactions 194 144 50 Net premiums from insurance contracts 351 177 174 Other income 74 40 34 Total income 3,493 1,763 1,730 Net claims and benefits on insurance (244) (125) (119) contracts Total income net of insurance claims 3,249 1,638 1,611 Impairment charges (167) (99) (68) Net income 3,082 1,539 1,543 Operating expenses excluding amortisation (2,077) (1,064) (1,013) of intangible assets Amortisation of intangible assets (85) (40) (45) Operating expenses (2,162) (1,104) (1,058) Share of post-tax results of associates 49 22 27 and joint ventures Profit on disposal of subsidiaries, 247 247 - associates and joint ventures Profit before tax 1,216 704 512 Cost:income ratio (1) 67% 67% 66% Cost:net income ratio (2) 70% 72% 69% Return on average economic capital 36% 42% 28% Economic profit Â£493m Â£324m Â£169m Staff Numbers 47,800 46,800 Loans and advances to customers Â£53.2bn Â£50.2bn Customer accounts Â£22.1bn Â£22.6bn Total assets Â£68.6bn Â£64.9bn Risk weighted assets Â£40.8bn Â£41.9bn (1)The cost:income ratio is defined as operating expenses compared to total income net of insurance claims. (2)The cost:net income ratio is defined as operating expenses compared to total income net of insurance claims, less impairment charges. International Retail and Commercial Banking - excluding Absa Half-year ended 2006 31.12.06 30.06.06 Â£m Â£m Â£m Net interest income 604 311 293 Net fee and commission income 366 181 185 Net trading income 17 5 12 Net investment income 66 37 29 Principal transactions 83 42 41 Net premiums from insurance contracts 111 61 50 Other income 20 6 14 Total income 1,184 601 583 Net claims and benefits on insurance (138) (73) (65) contracts Total income net of insurance claims 1,046 528 518 Impairment charges (41) (25) (16) Net income 1,005 503 502 Operating expenses excluding amortisation (765) (441) (324) of intangible assets Amortisation of intangible assets (9) (5) (4) Operating expenses (774) (446) (328) Share of post-tax results of associates 40 19 21 and joint ventures Profit on disposal of subsidiaries, 247 247 - associates and joint ventures Profit before tax 518 323 195 Cost:income ratio (1) 74% 85% 63% Cost:net income ratio (2) 77% 89% 65% Return on average economic capital 36% 48% 22% Economic profit Â£309m Â£233m Â£76m Staff Numbers 13,900 13,100 Loans and advances to customers Â£29.0bn Â£26.8bn Customer accounts Â£11.0bn Â£10.5bn Total assets Â£38.2bn Â£35.6bn Risk weighted assets Â£20.1bn Â£21.2bn (1)The cost:income ratio is defined as operating expenses compared to total income net of insurance claims. (2)The cost:net income ratio is defined as operating expenses compared to total income net of insurance claims, less impairment charges. International Retail and Commercial Banking - Absa Half-year ended 2006 31.12.06 30.06.06 Â£m Â£m Â£m Net interest income 1,049 498 551 Net fee and commission income 855 412 443 Net trading income (11) (2) (9) Net investment income 122 104 18 Principal transactions 111 102 9 Net premiums from insurance contracts 240 116 124 Other income 54 34 20 Total income 2,309 1,162 1,147 Net claims and benefits on insurance (106) (52) (54) contracts Total income net of insurance claims 2,203 1,110 1,093 Impairment charges (126) (74) (52) Net income 2,077 1,036 1,041 Operating expenses excluding amortisation (1,312) (623) (689) of intangible assets Amortisation of intangible assets (76) (35) (41) Operating expenses (1,388) (658) (730) Share of post-tax results of associates 9 3 6 and joint ventures Profit before tax 698 381 317 Cost:income ratio (1) 63% 59% 67% Cost:net income ratio (2) 67% 64% 70% Return on average economic capital 34% 32% 37% Economic profit Â£184m Â£91m Â£93m Staff Numbers 33,900 33,700 Loans and advances to customers Â£24.2bn Â£23.4bn Customer accounts Â£11.1bn Â£12.1bn Total assets Â£30.4bn Â£29.3bn Risk weighted assets Â£20.7bn Â£20.7bn (1)The cost:income ratio is defined as operating expenses compared to total income net of insurance claims. (2)The cost:net income ratio is defined as operating expenses compared to total income net of insurance claims, less impairment charges. Barclays Capital Half-year ended 2006 31.12.06 30.06.06 Â£m Â£m Â£m Net interest income 1,158 663 495 Net fee and commission income 952 436 516 Net trading income 3,562 1,423 2,139 Net investment income 573 296 277 Principal transactions 4,135 1,719 2,416 Other income 22 12 10 Total income 6,267 2,830 3,437 Impairment charges (42) 28 (70) Net income 6,225 2,858 3,367 Operating expenses excluding amortisation of (3,996) (1,876) (2,120) intangible assets Amortisation of intangible assets (13) (12) (1) Operating expenses (4,009) (1,888) (2,121) Profit before tax 2,216 970 1,246 Cost:income ratio (1) 64% 67% 62% Cost:net income ratio (2) 64% 66% 63% Average DVaR Â£37 Â£37m Â£36m Return on average economic capital 41% 36% 47% Average net income generated per member of Â£560 Â£230 Â£330 staff ('000) Economic profit Â£1,181m Â£510m Â£671m Staff Numbers 13,200 10,500 Total assets Â£657.9bn Â£659.3bn Risk weighted assets Â£137.6bn Â£130.5bn (1)The cost:income ratio is defined as operating expenses compared to total income net of insurance claims. (2)The cost:net income ratio is defined as operating expenses compared to total income net of insurance claims, less impairment charges. Barclays Global Investors Half-year ended 2006 31.12.06 30.06.06 Â£m Â£m Â£m Net interest income 10 3 7 Net fee and commission income 1,651 814 837 Net trading income 2 1 1 Net investment income 2 2 - Principal transactions 4 3 1 Total income 1,665 820 845 Operating expenses excluding amortisation (946) (467) (479) of intangible assets Amortisation of intangible assets (5) (3) (2) Operating expenses (951) (470) (481) Profit before tax 714 350 364 Cost:income ratio (1) 57% 57% 57% Average income generated per member of Â£666 Â£306 Â£360 staff ('000) Return on average economic capital 228% 202% 260% Economic profit Â£376m Â£181m Â£195m Staff Numbers 2,700 2,400 Total assets Â£80.5bn Â£77.3bn Risk weighted assets Â£1.4bn Â£1.4bn (1)The cost:income ratio is defined as operating expenses compared to total income net of insurance claims. (2)The cost:net income ratio is defined as operating expenses compared to total income net of insurance claims, less impairment charges. Barclays Wealth Half-year ended 2006 31.12.06 30.06.06 Â£m Â£m Â£m Net interest income 392 200 192 Net fee and commission income 674 329 345 Net trading income 2 1 1 Net investment income 154 130 24 Principal transactions 156 131 25 Net Premium from Insurance contacts 210 117 93 Other income 16 11 5 Total income 1,448 788 660 Net claims and benefits from insurance (288) (206) (82) contracts Total Income net of insurance claims 1,160 582 578 Impairment charges (2) (1) (1) Net income 1,158 581 577 Operating expenses excluding amortisation of (909) (463) (446) intangible assets (1) Amortisation of intangible assets (4) (2) (2) Operating expenses (913) (465) (448) Profit before tax 245 116 129 Cost:income ratio (2) 79% 80% 78% Cost:net income ratio (3) 79% 80% 78% Return on average economic capital 40% 30% 51% Economic profit Â£130m Â£43m Â£87m Staff Numbers 6,600 6,400 Customer accounts Â£28.3bn Â£28.0bn Loans and advances to customers Â£6.2bn Â£5.5bn Total assets Â£15.0bn Â£14.1bn Risk weighted assets Â£6.1bn Â£5.2bn Total Client Assets Â£116.1bn Â£105.9bn (1)Operating expenses excluding amortisation of intangibles includes Â£67m, Â£34m and Â£33m relating to endowment redress costs for full year 2006, half year ended 31st December 2006 and half year ended 30th June 2006 respectively. (2)The cost:income ratio is defined as operating expenses compared to total income net of insurance claims. (3)The cost:net income ratio is defined as operating expenses compared to total income net of insurance claims, less impairment charges. Head Office Functions and Other Operations Half-year ended 2006 31.12.06 30.06.06 Â£m Â£m Â£m Net interest income 80 72 8 Net fee and commission income (359) (176) (183) Net trading income 40 (15) 55 Net investment income 2 8 (6) Principal transactions 42 (7) 49 Net premiums from insurance contracts 197 104 93 Other income 39 29 10 Total income (1) 22 (23) Impairment releases/(charges) 11 35 (24) Net income 10 57 (47) Operating expenses excluding amortisation (259) (153) (106) of intangible assets Amortisation of intangible assets (10) (6) (4) Operating expenses (269) (159) (110) Loss before tax (259) (102) (157) Staff Numbers 1,200 1,000 Total assets Â£7.1bn Â£9.3bn Risk weighted assets Â£1.9bn Â£3.4bn Restated Total Assets Half-year ended 31.12.06 30.06.06 31.12.05 Â£m Â£m Â£m UK Banking 147,576 141,970 137,981 UK Retail Banking 81,692 78,485 78,066 UK Business Banking 65,884 63,485 59,915 Barclaycard 20,082 19,155 18,236 International Retail and Commercial 68,588 64,916 63,383 Banking International Retail and Commercial 38,191 35,616 34,022 Banking - ex Absa International Retail and Commercial 30,397 29,300 29,361 Banking - Absa Barclays Capital 657,922 659,328 601,193 Barclays Global Investors 80,515 77,298 80,900 Barclays Wealth 15,022 14,170 13,401 Head office functions and other 7,082 9,287 9,263 operations Total assets 996,787 986,124 924,357 Restated Risk Weighted Assets Half-year ended 31.12.06 30.06.06 31.12.05 Â£m Â£m Â£m UK Banking 92,981 92,805 87,971 UK Retail Banking 43,020 42,021 40,845 UK Business Banking 49,961 50,784 47,126 Barclaycard 17,035 15,698 13,625 International Retail and Commercial 40,810 41,884 41,069 Banking International Retail and Commercial 20,082 21,211 20,235 Banking - ex Absa International Retail and Commercial 20,728 20,673 20,834 Banking - Absa Barclays Capital 137,635 130,533 116,677 Barclays Global Investors 1,375 1,378 1,456 Barclays Wealth 6,077 5,202 4,305 Head office functions and other 1,920 3,424 4,045 operations Risk weighted assets 297,833 290,924 269,148 Restated Business Margins Half-year Half-year Full-year ended ended Full-year 31.12.06 31.12.06 30.06.06 31.12.05 % % % % UK Retail Banking assets 1.32 1.28 1.35 1.43 UK Retail Banking liabilities 2.05 2.08 2.01 2.02 UK Business Banking assets 1.92 1.98 1.86 1.87 UK Business Banking liabilities 1.46 1.48 1.44 1.46 Barclays Wealth assets 1.08 1.08 1.07 0.96 Barclays Wealth liabilities 1.10 1.12 1.08 1.04 Barclaycard assets 7.13 6.96 7.32 7.11 IRCB - ex Absa assets 1.29 1.34 1.24 1.36 IRCB - ex Absa liabilities 2.06 1.99 2.12 2.03 IRCB - Absa assets 2.95 2.46 3.45 3.52 IRCB - Absa liabilities 2.29 2.16 2.41 2.39 Average Balances Half-year Half-year Full-year ended ended Full-year 31.12.06 31.12.06 30.06.06 31.12.05 Â£m Â£m Â£m Â£m UK Retail Banking assets 73,593 74,057 73,128 74,138 UK Retail Banking liabilities 76,498 78,120 74,876 71,003 UK Business Banking assets 52,018 52,933 51,103 43,985 UK Business Banking liabilities 44,839 46,007 43,671 40,545 Barclays Wealth assets 5,543 5,816 5,270 4,712 Barclays Wealth liabilities 27,744 27,694 27,523 26,136 Barclaycard assets 17,918 18,427 17,408 16,102 IRCB - ex Absa assets 27,210 28,341 26,046 22,743 IRCB - ex Absa liabilities 10,423 11,044 9,862 8,983 IRCB - Absa assets 24,388 24,548 24,228 20,225 IRCB - Absa liabilities 12,826 12,197 13,455 13,388 Restated business net interest income Half-year Half-year Full-year ended ended Full-year 31.12.06 31.12.06 30.06.06 31.12.05 UK Retail Banking assets 970 479 491 1,062 UK Retail Banking liabilities 1,566 819 747 1,436 UK Business Banking assets 999 527 471 823 UK Business Banking liabilities 655 343 312 592 Barclays Wealth assets 60 32 28 45 Barclays Wealth liabilities 306 158 148 273 Barclaycard assets 1,278 646 632 1,144 IRCB - ex Absa assets 349 190 160 310 IRCB - ex Absa liabilities 216 110 106 183 IRCB - Absa assets 719 305 414 308 IRCB - Absa liabilities 294 133 161 138 Business assets total net interest 4,375 2,179 2,196 3,692 income Business liabilities total net 3,037 1,563 1,474 2,622 interest income Business net interest income 7,412 3,742 3,670 6,314 Restated reconciliation of business net interest income to Group net interest income Half-year Half-year Full-year ended ended Full-year 31.12.06 31.12.06 30.06.06 31.12.05 Â£m Â£m Â£m Â£m Business net interest income 7,412 3,742 3,670 6,314 Other: - Barclays Capital 1,158 663 495 1,065 - Barclays Global Investors 10 3 7 15 - Other 563 331 232 681 Group net interest income 9,143 4,739 4,404 8,075 Business net interest income is derived from the interest rate earned on average assets or paid on average liabilities relative to the average Bank of England base rate, local equivalents for international businesses or the rate managed by the bank using derivatives. The margin is expressed as annualised business interest income over the relevant average balance. Asset and liability margins cannot be added together as they are relative to the average Bank of England base rate, local equivalent for international businesses or the rate managed by the bank using derivatives. Average balances are calculated on daily averages for most UK banking operations and monthly averages elsewhere. Within the reconciliation of Group net interest income, there is an amount captured as Other. This relates to: benefit of capital, including the restatement of Reserve Capital Instruments and other capital instruments; Head office functions and other operations; and net funding on non customer assets and liabilities. Restated Risk Tendency Full-year Half-year Full-year 31.12.06 30.06.06 31.12.05 Â£m Â£m Â£m UK Banking 790 705 665 UK Retail Banking 500 430 415 UK Business Banking 290 275 250 Barclaycard 1,135 1,105 865 International Retail and Commercial 220 195 175 Banking International Retail and Commercial 75 70 75 Banking - ex Absa International Retail and Commercial 145 125 100 Banking - Absa Barclays Capital 95 125 110 Barclays Wealth 10 10 5 Head office functions and other operations 10 25 25 (1) Risk Tendency 2,260 2,165 1,845 (1) Includes businesses in transition. Restated economic capital demand (1) Half-year ended 31.12.06 30.06.06 31.12.05 Â£m Â£m Â£m UK Banking 6,000 5,850 5,850 UK Retail Banking 3,300 3,250 3,250 UK Business Banking 2,700 2,600 2,600 Barclaycard 1,950 2,150 1,900 International Retail and Commercial 1,950 1,850 1,450 Banking International Retail and Commercial 1,200 1,150 1,150 Banking - ex Absa International Retail and Commercial 750 700 300 Banking - Absa (2) Barclays Capital (2) 3,750 3,600 2,900 Barclays Global Investors 150 150 150 Barclays Wealth 400 400 450 Head office functions and other operations 300 250 300 (3) Business unit economic capital 14,500 14,250 13,000 Capital held at Group centre (4) 1,450 900 1,050 Economic capital requirement (excluding 15,950 15,150 14,050 goodwill) Average historic goodwill and intangible 7,750 7,900 6,450 assets (5) Total economic capital requirement (6) 23,700 23,050 20,500 (1)Year-end economic capital is calculated using a five point average over the year and is rounded to the nearest Â£50m for presentation purposes. For the half-year a three point average is used. (2)Average economic capital demand for Absa relates to 5 months of 2005. (3)Includes businesses in transition and capital for Head office and central support functions. (4)The Group's practice is to maintain an appropriate level of excess capital, held at Group centre, which is not allocated to business units. This variance arises as a result of capital management timing and includes capital held to cover pension contribution risk. (5)Average goodwill relates to purchased goodwill and intangible assets from business acquisitions. Absa goodwill is included for 5 months of 2005. As at 31st December 2006 Absa goodwill and intangibles amounted to Â£1.5bn and total goodwill and intangibles was Â£7.9bn. (6)Total period-end economic capital requirement as at 31st December 2006 stood at Â£25,150m (30th June 2006: Â£24,100m; 31st December 2005: Â£21,850m). Restated economic profit generated by business Full-year Half-year Full-year 31.12.06 30.06.06 31.12.05 Â£m Â£m Â£m UK Banking 1,327 593 1,069 UK Retail Banking 589 266 525 UK Business Banking 738 327 544 Barclaycard 137 115 269 International Retail and Commercial Banking 493 169 179 International Retail and Commercial Banking 309 76 89 - ex Absa International Retail and Commercial Banking 184 93 90 - Absa Barclays Capital 1,181 671 706 Barclays Global Investors 376 195 299 Barclays Wealth 130 87 103 Head office functions and other operations (315) (143) (340) 3,329 1,687 2,285 Historic goodwill (739) (376) (615) Variance to average shareholders' funds (excluding minority interest) 114 74 82 Economic profit 2,704 1,385 1,752 Restated staff numbers Half-year ended 31.12.06 30.06.06 31.12.05 UK Banking 42,600 42,900 41,100 UK Retail Banking 34,500 35,000 33,300 UK Business Banking 8,100 7,900 7,800 Barclaycard 8,500 8,300 7,700 International Retail and Commercial Banking 47,800 46,800 45,200 International Retail and Commercial Banking 13,900 13,100 12,500 - ex Absa International Retail and Commercial Banking 33,900 33,700 32,700 - Absa Barclays Capital 13,200 10,500 9,900 Barclays Global Investors 2,700 2,400 2,300 Barclays Wealth 6,600 6,400 6,200 Head office functions and other operations 1,200 1,000 900 Total Group permanent and fixed term 122,600 118,300 113,300 contract staff worldwide Agency staff worldwide 9,100 8,700 7,000 Total including agency staff 131,700 127,000 120,300 - ENDS - This information is provided by RNS The company news service from the London Stock Exchange

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