 |
|
|
Consolidated profit and loss account |
|
For the year ended 31st December 2000 |
|
|
|
|
|
|
|
|
|
2000 |
1999 |
1998 |
|
|
Note |
£m |
£m |
£m |
|
 |
|
Interest receivable: |
|
|
|
|
|
Interest receivable and similar income arising from debt securities |
|
2,339 |
1,397 |
1,419 |
|
Other interest receivable and similar income |
|
9,449 |
7,923 |
8,493 |
|
|
|
|
|
11,788 |
9,320 |
9,912 |
|
Interest payable |
|
6,635 |
4,696 |
5,604 |
|
Profit on redemption/repurchase of loan capital |
1 |
2 |
3 |
3 |
|
|
|
Net interest income |
1 |
5,155 |
4,627 |
4,311 |
|
Fees and commissions receivable |
|
3,689 |
3,207 |
3,008 |
|
Less: fees and commissions payable |
|
(320) |
(275) |
(229) |
|
Dealing profits |
2 |
677 |
556 |
(42) |
|
Other operating income |
3 |
397 |
258 |
298 |
|
|
|
Operating income |
|
9,598 |
8,373 |
7,346 |
|
|
|
Administrative expenses – staff costs |
4 |
3,219 |
3,057 |
2,811 |
|
Administrative expenses – other |
6 |
1,967 |
1,807 |
1,829 |
|
Depreciation and amortisation |
7 |
306 |
280 |
275 |
|
|
|
Operating expenses |
|
5,492 |
5,144 |
4,915 |
|
|
|
Operating profit before provisions |
|
4,106 |
3,229 |
2,431 |
|
|
|
Provisions for bad and doubtful debts |
18 |
817 |
621 |
492 |
|
Provisions for contingent liabilities and commitments |
8 |
(1) |
1 |
76 |
|
|
|
Provisions |
|
816 |
622 |
568 |
|
|
|
Operating profit |
|
3,290 |
2,607 |
1,863 |
|
Loss from joint ventures |
|
(1) |
(1) |
– |
|
(Loss)/income from associated undertakings |
|
(7) |
(13) |
22 |
|
Loss on sale or restructuring of BZW |
9 |
– |
(30) |
(3) |
|
Profit/(loss) profit on disposal of other Group undertakings |
10 |
214 |
(108) |
4 |
|
Write-down of fixed asset investments |
– |
214 |
– |
(4) |
|
|
|
Profit on ordinary activities before tax |
|
3,496 |
2,455 |
1,882 |
|
Tax on profit on ordinary activities |
11 |
944 |
644 |
520 |
|
|
|
Profit on ordinary activities after tax |
|
2,552 |
1,811 |
1,362 |
|
Minority interests – equity |
|
(22) |
(24) |
(20) |
|
|
|
Profit for the financial year attributable to the members of Barclays Bank PLC (Net income) |
|
2,530 |
1,787 |
1,342 |
|
Dividends payable to Barclays PLC |
d |
(1,352) |
(1,404) |
(1,214) |
|
Dividends payable to preference shareholders |
d |
(24) |
(28) |
(25) |
|
Payments to RCI holders |
|
(33) |
- |
- |
|
|
|
Profit retained for the financial year |
|
1,121 |
355 |
103 |
|
|
|
|
The note numbers refer to the notes in notes to the accounts (1) whereas the note letters refer to those in notes to the accounts (2).
For each of the years reported above, there was no material difference between profit before tax and profit retained, and historical cost profits.
|
