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CONSOLIDATED CASH FLOW STATEMENT (UNAUDITED) - GBP (£)
£ in Millions
6 Months Ended
Jun. 30, 2022
Dec. 31, 2021
Jun. 30, 2021
Cash flows from operating activities      
Profit before tax £ 3,661 £ 2,997 [1] £ 3,905 [1]
Adjustments for:      
Change in operating assets 1,819 (8,791) [1] (1,574) [1]
Change in operating liabilities 23,781 2,445 [1] 2,509 [1]
Non-cash and other items (16,707) 3,442 [1] 2,621 [1]
Tax paid (net) (504) (194) [1] (602) [1]
Net cash provided by (used in) operating activities 12,050 (101) [1] 6,859 [1]
Cash flows from investing activities      
Purchase of financial assets (2,386) (3,542) [1] (5,442) [1]
Proceeds from sale and maturity of financial assets 5,308 1,909 [1] 6,378 [1]
Purchase of fixed assets (1,646) (1,675) [1] (1,553) [1]
Proceeds from sale of fixed assets 707 727 [1] 710 [1]
Repayment of capital by joint ventures and associates 39 0 [1] 0 [1]
Acquisition of businesses, net of cash acquired (384) (50) [1] (7) [1]
Net cash provided by (used in) investing activities 1,638 (2,631) [1] 86 [1]
Cash flows from financing activities      
Dividends paid to ordinary shareholders (930) (473) [1] (404) [1]
Distributions on other equity instruments (214) (216) [1] (213) [1]
Dividends paid to non-controlling interests (61) (42) [1] (51) [1]
Interest paid on subordinated liabilities (387) (847) [1] (456) [1]
Proceeds from issue of subordinated liabilities 0 0 [1] 499 [1]
Proceeds from issue of ordinary shares 17 13 [1] 12 [1]
Share buyback (1,836) 0 [1] 0 [1]
Repayment of subordinated liabilities (1,644) (585) [1] (471) [1]
Repurchase of other equity instruments (438) 0 [1] 0 [1]
Change in stake of non-controlling interests 2 0 [1] 0 [1]
Net cash used in financing activities (5,491) (2,150) [1] (1,084) [1]
Effects of exchange rate changes on cash and cash equivalents 594 136 [1] (66) [1]
Change in cash and cash equivalents 8,791 (4,746) [1] 5,795 [1]
Cash and cash equivalents at beginning of period [1] 79,194 83,940 78,145
Cash and cash equivalents at end of period £ 87,985 £ 79,194 [1] £ 83,940 [1]
[1] Restated, see page 53.