DGAP-News

Lloyds Banking Group PLC: 2020 Full Year Results

DGAP-News: Lloyds Banking Group PLC / Key word(s): Annual Results Lloyds Banking Group PLC: 2020 Full Year Results 24.02.2021 / 08:00 The issuer is solely responsible for the content of this announcement.

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2020 Results
News Release
Lloyds Banking Group plc
24 February 2021


 

 

CONTENTS

	Page
Results for the full year	1
Income statement - underlying basis	5
Key balance sheet metrics	5
Quarterly information	7
Balance sheet analysis	8
Group Chief Executive's statement	9
Strategic Review 2021	17
Summary of Group results	23
Segmental analysis - underlying basis	41
Divisional results
Retail	43
Commercial Banking	46
Insurance and Wealth	48
Central items	51
Other financial information
Reconciliation between statutory and underlying basis financial information	52
Banking net interest margin and average interest-earning assets	53
Volatility arising in the insurance business	53
Changes in Insurance assumptions	55
Tangible net assets per share	55
Return on tangible equity	56
Risk management
Credit risk portfolio	57
Funding and liquidity management	70
Capital management	71
Statutory information
Condensed consolidated financial statements	80
Consolidated income statement	80
Consolidated statement of comprehensive income	81
Consolidated balance sheet	82
Consolidated statement of changes in equity	84
Consolidated cash flow statement	89
Notes to the condensed consolidated financial statements	90
Forward looking statements	102
Summary of alternative performance measures	104
Contacts	105

 

 

	BASIS OF PRESENTATION