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DEFERRED TAX - Schedule of Movements in Deferred Tax Liabilities and Assets (Details) - GBP (£)
£ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Deferred tax assets    
Deferred tax assets, at 1 January £ 3,118  
Deferred tax assets, at 31 December 5,228 £ 3,118
Deferred tax liabilities    
Deferred tax liabilities, at 1 January (39)  
Deferred tax liabilities, at 31 December (216) (39)
Other temporary differences £m    
Deferred tax liabilities    
Exchange and other adjustments (11)  
Prior to offsetting of balances within same taxing jurisdiction    
Deferred tax assets    
Deferred tax assets, at 1 January 7,095 5,527
Credit (charge) to the income statement (248) 1,517
Credit (charge) to other comprehensive income 1,773 34
Acquisitions 4  
Other credit to equity 3 17
Deferred tax assets, at 31 December 8,627 7,095
Deferred tax liabilities    
Deferred tax liabilities, at 1 January (4,016) (2,831)
(Charge) credit to the income statement 79 (1,126)
(Charge) credit to other comprehensive income 339 (61)
Exchange and other adjustments (11) 2
Deferred tax liabilities, at 31 December (3,615) (4,016)
Prior to offsetting of balances within same taxing jurisdiction | Tax losses £m    
Deferred tax assets    
Deferred tax assets, at 1 January 5,023 4,064
Credit (charge) to the income statement 39 959
Credit (charge) to other comprehensive income 0 0
Acquisitions 4  
Other credit to equity 0 0
Deferred tax assets, at 31 December 5,066 5,023
Prior to offsetting of balances within same taxing jurisdiction | Property, plant and equipment £m    
Deferred tax assets    
Deferred tax assets, at 1 January 744 668
Credit (charge) to the income statement (238) 76
Credit (charge) to other comprehensive income 0 0
Acquisitions 0  
Other credit to equity 0 0
Deferred tax assets, at 31 December 506 744
Prior to offsetting of balances within same taxing jurisdiction | Provisions £m    
Deferred tax assets    
Deferred tax assets, at 1 January 302 254
Credit (charge) to the income statement 113 12
Credit (charge) to other comprehensive income (155) 36
Acquisitions 0  
Other credit to equity 0 0
Deferred tax assets, at 31 December 260 302
Prior to offsetting of balances within same taxing jurisdiction | Share- based payments £m    
Deferred tax assets    
Deferred tax assets, at 1 January 38 29
Credit (charge) to the income statement (5) (8)
Credit (charge) to other comprehensive income 0 0
Acquisitions 0  
Other credit to equity 3 17
Deferred tax assets, at 31 December 36 38
Prior to offsetting of balances within same taxing jurisdiction | Pension liabilities £m    
Deferred tax assets    
Deferred tax assets, at 1 January 69 56
Credit (charge) to the income statement (22) 15
Credit (charge) to other comprehensive income 0 (2)
Acquisitions 0  
Other credit to equity 0 0
Deferred tax assets, at 31 December 47 69
Prior to offsetting of balances within same taxing jurisdiction | Derivatives £m    
Deferred tax assets    
Deferred tax assets, at 1 January 700 159
Credit (charge) to the income statement (205) 541
Credit (charge) to other comprehensive income 1,928 0
Acquisitions 0  
Other credit to equity 0 0
Deferred tax assets, at 31 December 2,423 700
Deferred tax liabilities    
Deferred tax liabilities, at 1 January (509) (756)
(Charge) credit to the income statement (32) (567)
(Charge) credit to other comprehensive income 0 814
Exchange and other adjustments 0 0
Deferred tax liabilities, at 31 December (541) (509)
Prior to offsetting of balances within same taxing jurisdiction | Asset revaluations    
Deferred tax assets    
Deferred tax assets, at 1 January 0 29
Credit (charge) to the income statement 8 (29)
Credit (charge) to other comprehensive income 0 0
Acquisitions 0  
Other credit to equity 0 0
Deferred tax assets, at 31 December 8 0
Deferred tax liabilities    
Deferred tax liabilities, at 1 January (56) 0
(Charge) credit to the income statement 0 (27)
(Charge) credit to other comprehensive income 56 (29)
Exchange and other adjustments 0 0
Deferred tax liabilities, at 31 December 0 (56)
Prior to offsetting of balances within same taxing jurisdiction | Other temporary differences £m    
Deferred tax assets    
Deferred tax assets, at 1 January 219 268
Credit (charge) to the income statement 62 (49)
Credit (charge) to other comprehensive income 0 0
Acquisitions 0  
Other credit to equity 0 0
Deferred tax assets, at 31 December 281 219
Deferred tax liabilities    
Deferred tax liabilities, at 1 January (331) (240)
(Charge) credit to the income statement (164) (93)
(Charge) credit to other comprehensive income 0 0
Exchange and other adjustments   2
Deferred tax liabilities, at 31 December (506) (331)
Prior to offsetting of balances within same taxing jurisdiction | Capitalised software enhancements £m    
Deferred tax liabilities    
Deferred tax liabilities, at 1 January (275) (228)
(Charge) credit to the income statement 118 (47)
(Charge) credit to other comprehensive income 0 0
Exchange and other adjustments 0 0
Deferred tax liabilities, at 31 December (162) (275)
Prior to offsetting of balances within same taxing jurisdiction | Long-term assurance business £m    
Deferred tax liabilities    
Deferred tax liabilities, at 1 January (1,162) (843)
(Charge) credit to the income statement 107 (319)
(Charge) credit to other comprehensive income 0 0
Exchange and other adjustments 0 0
Deferred tax liabilities, at 31 December (1,055) (1,162)
Prior to offsetting of balances within same taxing jurisdiction | Acquisition fair value £m    
Deferred tax liabilities    
Deferred tax liabilities, at 1 January (352) (372)
(Charge) credit to the income statement 21 20
(Charge) credit to other comprehensive income 0 0
Exchange and other adjustments 0 0
Deferred tax liabilities, at 31 December (332) (352)
Prior to offsetting of balances within same taxing jurisdiction | Pension assets £m    
Deferred tax liabilities    
Deferred tax liabilities, at 1 January (1,331) (392)
(Charge) credit to the income statement 29 (93)
(Charge) credit to other comprehensive income 283 (846)
Exchange and other adjustments 0 0
Deferred tax liabilities, at 31 December £ (1,019) £ (1,331)