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Barclays PLC – Company Information

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Barclays PLC is one of the world’s major banks and financial services providers. It is a British company, based in London, with over 300 years of history and expertise. It is the UK’s second largest bank by assets.

The bank operates in nearly aspect of the banking industry, with an extensive international presence in Europe, the Americas, Africa and Asia.

Barclays PLC operates in wholesale, retail and investment banking, mortgage lending, credit cards, and wealth management.

It has three main business units: Corporate Banking, Investment Banking, and Wealth and Investment management.

Barclays PLC currently operates in more than 50 countries and employees over 132,300.

The origins of the company trace back to two goldsmith bankers, John Freame and Thomas Gould, who started business in London in 1690. The business took on James Barclay (John Freame’s son’s brother-in-law) in 1736.

In 1896 a group of 20 small private family banks (including the one that Freame and Gould founded) joined together to form a new bank called Barclay and Company Limited.

Barclays PLC was created in 1985 when the international and UK operations of Barclays Bank PLC were brought together.

Overview

Barclays PLC logo

  • CEO: Antony Jenkins
  • Chairman: John McFarlane
  • Industry: Banking
  • Type: Public limited company
  • Listed on the London and New York Stock Exchanges.
  • LSE stock symbol: BARC
  • NYSE stock symbol: BCS
  • Income: £25.768 billion GBP (2014)
  • Profit after tax: £845 million GBP (2014)
  • Earnings per share: (0.7) pence (2014)
  • Founders: John Freame and Thomas Gould
  • Founded: 1690
  • Headquarters: One Churchill Place, Canary Wharf, London, United Kingdom
  • Employees: 132,300 (2014)
  • Website: http://group.barclays.com/
  • Investor relations contact number: +44 (0) 20 7116 1000
  • Investor relations email: [email protected]

Barclays PLC Financial Results, Years Ended December 31

Operating data (in millions of GBP £ ) 2014 2013
Net interest income £12,080 £11,600
Net fee and commission income £8,174 £8,731
Total income £25,768 £28,444
Total income net of insurance claims £25,288 £27,935
Net operating income £23,120 £24,864
Operating expenses £(20,429) £(21,972)
Profit before tax £2,256 £2,868
Profit after tax £845 £1,297
Total comprehensive income/(loss) for the year £3,447 £(3,294)
Balance sheet data (in millions of GBP £)
Total assets £1,357,906 £1,343,628
Total liabilities £1,291,948 £1,279,679
Total equity £65,958 £63,949
Common share data (in £)
Earnings per share – basic (in pence) (0.7) pence 3.8 pence
Earnings per share – diluted (in pence) (0.7) pence 3.7 pence
Cash flow data (in millions of GBP £)
Net cash from operating activities £(10,441) £(24,942)
Net cash from investing activities £10,655 £(22,645)
Net cash from financing activities £(3,058) £5,910
Cash and cash equivalents at beginning of year £81,754 £123,233
Cash and cash equivalents at end of year £78,479 £81,754

Source: “Barclays PLC Annual Report 2014”