Strategic Shareholder Climate and Risk Financial Financial Barclays PLC 360 report information sustainability report Governance review review statements Annual Report 2022 Risk performance - Treasury and Capital risk (continued) Operational risk RWAs increased £2.1bn: • A £2.1bn increase in book size primarily driven by the inclusion of higher 2022 CIB income compared to 2019 Leverage ratios and exposures The Group is required to disclose a UK leverage ratio based on capital and exposure on the last day of the quarter. The Group is also required to disclose an average UK leverage ratio which is based on capital on the last day of each month in the quarter and an exposure measure for each day in the quarter. b,c Leverage ratios a Restated 2022 2021 As at 31 December £m £m Average UK leverage ratio 4.8 % 4.9 % Average T1 capital 60,865 59,739 Average UK leverage exposure 1,280,972 1,229,041 UK leverage ratio 5.3 % 5.2 % CET1 capital 46,878 47,327 AT1 capital 13,224 12,179 T1 capital 60,102 59,506 UK leverage exposure 1,129,973 1,137,904 UK leverage exposure 2022 2021 As at 31 December £m £m Accounting assets Derivative financial instruments 302,380 262,572 Derivative cash collateral 69,048 58,177 Securities financing transactions (SFTs) 189,637 170,853 Loans and advances and other assets 952,634 892,683 Total IFRS assets 1,513,699 1,384,285 Regulatory consolidation adjustments (8,278) (3,665) Derivatives adjustments Derivatives netting (256,309) (236,881) Adjustments to collateral (52,715) (50,929) Net written credit protection 16,190 15,509 Potential future exposure (PFE) on derivatives 84,168 137,291 Total derivatives adjustments (208,666) (135,010) SFTs adjustments 24,203 24,544 Regulatory deductions and other adjustments (21,447) (20,219) Weighted off-balance sheet commitments 124,169 115,047 Qualifying central bank claims (272,321) (210,134) Settlement netting (21,386) (16,944) UK leverage exposure 1,129,973 1,137,904 Notes a Capital and leverage metrics as at 31 December 2021 have been restated to reflect the impact of the Over-issuance of Securities. See Impact of Over-issuance of Securities on page 356 for further details. b Fully loaded average UK leverage ratio was 4.7%, with £60.1bn of T1 capital and £1,280.2bn of leverage exposure. Fully loaded UK leverage ratio was 5.3%, with £59.4bn of T1 capital and £1,129.3bn of leverage exposure. Fully loaded UK leverage ratios are calculated without applying the transitional arrangements of the CRR as amended by CRR II. c Capital and leverage measures are calculated applying the transitional arrangements of the CRR as amended by CRR II.
Barclays PLC - Annual Report - 2022 Page 361 Page 363