TRADING AND OTHER FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS

12 Months Ended

Dec. 31, 2017

Disclosure Of Trading And Other Financial Assets At Fair Value Through Profit Or Loss [Abstract]

Disclosure Of Trading And Other Financial Assets At Fair Value Through Profit Or Loss [Text Block]

NOTE 15: TRADING AND OTHER FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS

These assets are comprised as follows:

	2017						2016
	Trading assets £m		Other financial assets at fair value through profit or loss £m		Total £m		Trading assets £m		Other financial assets at fair value through profit or loss £m		Total £m
Loans and advances to customers		29,976		–		29,976		30,473		–		30,473
Loans and advances to banks		1,614		–		1,614		2,606		–		2,606
Debt securities:
Government securities		9,833		12,187		22,020		11,828		14,904		26,732
Other public sector securities		–		1,527		1,527		–		1,325		1,325
Bank and building society certificates of deposit		–		222		222		–		244		244
Asset-backed securities:
Mortgage-backed securities		189		211		400		47		660		707
Other asset-backed securities		95		926		1,021		69		1,469		1,538
Corporate and other debt securities		523		19,467		19,990		224		19,608		19,832
		10,640		34,540		45,180		12,168		38,210		50,378
Equity shares		6		86,084		86,090		6		67,691		67,697
Treasury and other bills		–		18		18		–		20		20
Total		42,236		120,642		162,878		45,253		105,921		151,174

Other financial assets at fair value through profit or loss include the following assets designated into that category:

(i)

financial assets backing insurance contracts and investment contracts of £117,323 million (2016: £101,888 million) which are so designated because the related liabilities either have cash flows that are contractually based on the performance of the assets or are contracts whose measurement takes account of current market conditions and where significant measurement inconsistencies would otherwise arise. Included within these assets are investments in unconsolidated structured entities of £28,759 million (2016: £15,611 million), see note 19; and

(ii)

private equity investments of £1,944 million (2016: £2,245 million) that are managed, and evaluated, on a fair value basis in accordance with a documented risk management or investment strategy and reported to key management personnel on that basis.

For amounts included above which are subject to repurchase and reverse repurchase agreements see note 51.