-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, NRgIoZzEb7qlEBRWXZKJjHdWGNA7/PAMW51CbxSW32VQUH61BBBbSW1E8kaMtRzp S1QKL+ldrTwLJv0yFe55kA== 0001191638-07-001702.txt : 20070619 0001191638-07-001702.hdr.sgml : 20070619 20070619132557 ACCESSION NUMBER: 0001191638-07-001702 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20070619 FILED AS OF DATE: 20070619 DATE AS OF CHANGE: 20070619 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BARCLAYS PLC CENTRAL INDEX KEY: 0000312069 STANDARD INDUSTRIAL CLASSIFICATION: COMMERCIAL BANKS, NEC [6029] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-09246 FILM NUMBER: 07928211 BUSINESS ADDRESS: STREET 1: 1 CHURCHILL PLACE CITY: LONDON STATE: X0 ZIP: E14 5HP BUSINESS PHONE: 01100442076993139 MAIL ADDRESS: STREET 1: 1 CHURCHILL PLACE CITY: LONDON STATE: X0 ZIP: E14 5HP FORMER COMPANY: FORMER CONFORMED NAME: BARCLAYS BANK PLC DATE OF NAME CHANGE: 19850313 FORMER COMPANY: FORMER CONFORMED NAME: BARCLAYS BANK LTD DATE OF NAME CHANGE: 19820607 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BARCLAYS BANK PLC /ENG/ CENTRAL INDEX KEY: 0000312070 STANDARD INDUSTRIAL CLASSIFICATION: COMMERCIAL BANKS, NEC [6029] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10257 FILM NUMBER: 07928212 BUSINESS ADDRESS: STREET 1: 1 CHURCHILL PLACE STREET 2: E14 5HP CITY: LONDON ENGLAND STATE: X0 ZIP: E14 5HP BUSINESS PHONE: 2124124000 MAIL ADDRESS: STREET 1: 1 CHURCHILL PLACE STREET 2: E14 5HP CITY: LONDON ENGLAND STATE: X0 ZIP: E14 5HP FORMER COMPANY: FORMER CONFORMED NAME: BARCLAYS BANK INTERNATIONAL LTD DATE OF NAME CHANGE: 19850313 6-K 1 barc200706196k.txt GROUP REPORTING CHANGES 2007 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 - -------------------------------------------------------------------------------- FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 June 2007 Barclays PLC and Barclays Bank PLC (Names of Registrants) 1 Churchill Place London E14 5HP England (Address of Principal Executive Offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F x Form 40-F Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes No x If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): THIS REPORT ON FORM 6-K SHALL BE DEEMED TO BE INCORPORATED BY REFERENCE IN THE REGISTRATION STATEMENTS ON FORM F-3 (NOS. 333-126811, 333-85646 AND 333-12384), AND FORM S-8 (NOS. 333-112796, 333-112797) OF BARCLAYS BANK PLC AND THE REGISTRATION STATEMENT ON FORM F-4 (NO. 333-143666) AND FORM S-8 (NO. 333-12818) OF BARCLAYS PLC AND TO BE A PART THEREOF FROM THE DATE ON WHICH THIS REPORT IS FURNISHED, TO THE EXTENT NOT SUPERSEDED BY DOCUMENTS OR REPORTS SUBSEQUENTLY FILED OR FURNISHED. - -------------------------------------------------------------------------------- This Report is a joint Report on Form 6-K filed by Barclays PLC and Barclays Bank PLC. All of the issued ordinary share capital of Barclays Bank PLC is owned by Barclays PLC. This Report comprises: Information given to The London Stock Exchange and furnished pursuant to General Instruction B to the General Instructions to Form 6-K. - -------------------------------------------------------------------------------- EXHIBIT INDEX Group Reporting Changes 2007 - -------------------------------------------------------------------------------- SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, each of the registrants has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. BARCLAYS PLC (Registrant) Date: June 19, 2007 By: /s/ Patrick Gonsalves ---------------------- Patrick Gonsalves Deputy Secretary BARCLAYS BANK PLC (Registrant) Date: June 19, 2007 By: /s/ Patrick Gonsalves ---------------------- Patrick Gonsalves Joint Secretary 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 GBPm GBPm GBPm GBPm 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 GBPm GBPm GBPm GBPm 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 GBP515m GBP790m GBP665m Return on average economic capital 38% 26% 21% Economic profit GBP1,431m GBP1,327m GBP1,069m Loans and advances to customers GBP123.9bn GBP131.0bn GBP125.5bn Customer accounts GBP142.4bn GBP139.7bn GBP127.2bn Staff Numbers 41,100 42,600 41,100 Total assets GBP139.9bn GBP147.6bn GBP138.0bn Risk weighted assets GBP84.9bn GBP93.0bn GBP87.9bn (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 GBPm GBPm GBPm GBPm 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 GBP225m GBP500m GBP415m Return on average economic capital 39% 28% 26% Economic profit GBP693m GBP589m GBP525m Loans and advances to customers GBP67.6bn GBP74.7bn GBP72.1bn Customer accounts GBP85.0bn GBP82.3bn GBP76.3bn Staff Numbers 33,000 34,500 33,300 Total assets GBP74.0bn GBP81.7bn GBP78.1bn Risk weighted assets GBP34.9bn GBP43.0bn GBP40.8bn (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 GBPm GBPm GBPm GBPm 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 GBP290m GBP290m GBP250m Return on average economic capital 37% 37% 31% Economic profit GBP738m GBP738m GBP544m Loans and advances to customers GBP56.3bn GBP56.3bn GBP53.4bn Customer accounts GBP57.4bn GBP57.4bn GBP50.9bn Staff Numbers 8,100 8,100 7,800 Total assets GBP65.9bn GBP65.9bn GBP59.9bn Risk weighted assets GBP50.0bn GBP50.0bn GBP47.1bn (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 GBPm GBPm GBPm GBPm 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 GBP1,410m GBP1,135m GBP865m Return on average economic 10% 16% 24% capital Economic profit GBPnil GBP137m GBP269m Loans and advances to customers GBP25.5bn GBP18.2bn GBP16.5bn Staff Numbers 8,600 8,500 7,700 Total assets GBP27.6bn GBP20.1bn GBP18.2bn Risk weighted assets GBP25.2bn GBP17.0bn GBP13.6bn (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 GBPm GBPm GBPm GBPm 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 GBP220m GBP220m GBP175m Return on average economic capital 37% 36% 17% Economic profit GBP530m GBP493m GBP179m Loans and advances to customers GBP53.5bn GBP53.2bn GBP49.2bn Customer accounts GBP22.5bn GBP22.1bn GBP22.4bn Staff Numbers 48,000 47,800 45,200 Total assets GBP68.9bn GBP68.6bn GBP63.4bn Risk weighted assets GBP41.1bn GBP40.8bn GBP41.0bn (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 GBPm GBPm GBPm GBPm 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 GBP75m GBP75m GBP75m Return on average economic capital 39% 36% 17% Economic profit GBP346m GBP309m GBP89m Loans and advances to customers GBP29.3bn GBP29.0bn GBP25.3bn Customer accounts GBP11.4bn GBP11.0bn GBP10.2bn Staff Numbers 14,100 13,900 12,500 Total assets GBP38.5bn GBP38.2bn GBP34.0bn Risk weighted assets GBP20.4bn GBP20.1bn GBP20.2bn (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 GBPm GBPm GBPm GBPm 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 GBP145m GBP145m GBP100m Return on average economic capital 34% 34% 36% Economic profit GBP184m GBP184m GBP90m Loans and advances to customers GBP24.2bn GBP24.2bn GBP23.9bn Customer accounts GBP11.1bn GBP11.1bn GBP12.2bn Staff Numbers 33,900 33,900 32,700 Total assets GBP30.4bn GBP30.4bn GBP29.4bn Risk weighted assets GBP20.7bn GBP20.7bn GBP20.8bn (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 GBPm GBPm GBPm GBPm 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 GBP37m GBP37m GBP32m Risk Tendency GBP95m GBP95m GBP110m Return on average economic capital 41% 41% 34% Average net income generated per GBP560 GBP560 GBP498 member of staff ('000) Economic profit GBP1,181m GBP1,181m GBP706m Staff Numbers 13,200 13,200 9,900 Total assets GBP657.9bn GBP657.9bn GBP601.2bn Risk weighted assets GBP137.6bn GBP137.6bn GBP116.7bn Corporate Lending Portfolio GBP40.6bn GBP40.6bn GBP40.1bn (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 GBPm GBPm GBPm GBPm 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 GBP666 GBP666 GBP628 of staff ('000) Return on average economic capital 228% 228% 248% Economic profit GBP376m GBP376m GBP299m Staff Numbers 2,700 2,700 2,300 Total assets GBP80.5bn GBP80.5bn GBP80.9bn Risk weighted assets GBP1.4bn GBP1.4bn GBP1.5bn (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 GBPm GBPm GBPm GBPm 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 GBP10m GBP10m GBP5m Return on average economic capital 48% 40% 33% Average net income per member of 138 181 167 staff (GBP'000) Economic profit GBP144m GBP130m GBP103m Customer accounts GBP25.2bn GBP28.3bn GBP25.8bn Loans and advances to customers GBP5.7bn GBP6.2bn GBP5.0bn Staff Numbers 7,800 6,600 6,200 Total assets GBP7.3bn GBP15.0bn GBP13.4bn Risk weighted assets GBP5.7bn GBP6.1bn GBP4.3bn Total Client Assets GBP93.0bn GBP116.1bn GBP97.5bn (1)Operating expenses excluding amortisation of intangibles includes GBP67m and GBP85m 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 GBPm GBPm GBPm GBPm 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 (GBP18m) - - Staff Numbers - - - Total assets GBP7.6bn - - (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 GBPm GBPm GBPm GBPm 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 GBP10m GBP10m GBP25m Staff Numbers 1,200 1,200 900 Total assets GBP7.1bn GBP7.1bn GBP9.3bn Risk weighted assets GBP1.9bn GBP1.9bn GBP4.0bn Total assets Group 2006 as structure 2006 2005 Published changes restated restated GBPm GBPm GBPm GBPm 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 GBPm GBPm GBPm GBPm 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 GBPm GBPm GBPm 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 GBPm GBPm GBPm 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 GBP1,327m GBP734m GBP593m Staff Numbers 42,600 42,900 Loans and advances to customers GBP131.0bn GBP127.8bn Customer accounts GBP139.7bn GBP133.4bn Total assets GBP147.6bn GBP142.0bn Risk weighted assets GBP93.0bn GBP92.8bn (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 GBPm GBPm GBPm 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 GBP589m GBP323m GBP266m Staff Numbers 34,500 35,000 Loans and advances to customers GBP74.7bn GBP72.2bn Customer accounts GBP82.3bn GBP79.1bn Total assets GBP81.7bn GBP78.5bn Risk weighted assets GBP43.0bn GBP42.0bn (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 GBPm GBPm GBPm 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 GBP738m GBP411m GBP327m Staff Numbers 8,100 7,900 Loans and advances to customers GBP56.3bn GBP55.6bn Customer accounts GBP57.4bn GBP54.3bn Total assets GBP65.9bn GBP63.5bn Risk weighted assets GBP50.0bn GBP50.8bn (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 GBPm GBPm GBPm 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 GBP137m GBP22m GBP115m Staff Numbers 8,500 8,300 Loans and advances to customers GBP18.2bn GBP17.4bn Total assets GBP20.1bn GBP19.2bn Risk weighted assets GBP17.0bn GBP15.7bn (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 GBPm GBPm GBPm 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 GBP493m GBP324m GBP169m Staff Numbers 47,800 46,800 Loans and advances to customers GBP53.2bn GBP50.2bn Customer accounts GBP22.1bn GBP22.6bn Total assets GBP68.6bn GBP64.9bn Risk weighted assets GBP40.8bn GBP41.9bn (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 GBPm GBPm GBPm 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 GBP309m GBP233m GBP76m Staff Numbers 13,900 13,100 Loans and advances to customers GBP29.0bn GBP26.8bn Customer accounts GBP11.0bn GBP10.5bn Total assets GBP38.2bn GBP35.6bn Risk weighted assets GBP20.1bn GBP21.2bn (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 GBPm GBPm GBPm 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 GBP184m GBP91m GBP93m Staff Numbers 33,900 33,700 Loans and advances to customers GBP24.2bn GBP23.4bn Customer accounts GBP11.1bn GBP12.1bn Total assets GBP30.4bn GBP29.3bn Risk weighted assets GBP20.7bn GBP20.7bn (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 GBPm GBPm GBPm 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 GBP37 GBP37m GBP36m Return on average economic capital 41% 36% 47% Average net income generated per member of GBP560 GBP230 GBP330 staff ('000) Economic profit GBP1,181m GBP510m GBP671m Staff Numbers 13,200 10,500 Total assets GBP657.9bn GBP659.3bn Risk weighted assets GBP137.6bn GBP130.5bn (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 GBPm GBPm GBPm 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 GBP666 GBP306 GBP360 staff ('000) Return on average economic capital 228% 202% 260% Economic profit GBP376m GBP181m GBP195m Staff Numbers 2,700 2,400 Total assets GBP80.5bn GBP77.3bn Risk weighted assets GBP1.4bn GBP1.4bn (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 GBPm GBPm GBPm 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 GBP130m GBP43m GBP87m Staff Numbers 6,600 6,400 Customer accounts GBP28.3bn GBP28.0bn Loans and advances to customers GBP6.2bn GBP5.5bn Total assets GBP15.0bn GBP14.1bn Risk weighted assets GBP6.1bn GBP5.2bn Total Client Assets GBP116.1bn GBP105.9bn (1)Operating expenses excluding amortisation of intangibles includes GBP67m, GBP34m and GBP33m 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 GBPm GBPm GBPm 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 GBP7.1bn GBP9.3bn Risk weighted assets GBP1.9bn GBP3.4bn Restated Total Assets Half-year ended 31.12.06 30.06.06 31.12.05 GBPm GBPm GBPm 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 GBPm GBPm GBPm 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 GBPm GBPm GBPm GBPm 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 GBPm GBPm GBPm GBPm 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 GBPm GBPm GBPm 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 GBPm GBPm GBPm 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 GBP50m 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 GBP1.5bn and total goodwill and intangibles was GBP7.9bn. (6)Total period-end economic capital requirement as at 31st December 2006 stood at GBP25,150m (30th June 2006: GBP24,100m; 31st December 2005: GBP21,850m). Restated economic profit generated by business Full-year Half-year Full-year 31.12.06 30.06.06 31.12.05 GBPm GBPm GBPm 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 - -----END PRIVACY-ENHANCED MESSAGE-----