Strategic Shareholder Climate and Risk Financial Financial Barclays PLC 462 report information sustainability report Governance review review statements Annual Report 2022 Notes to the financial statements (continued) Assets and liabilities held at fair value Unrealised gains and losses on Level 3 financial assets and liabilities The following table discloses the unrealised gains and losses recognised in the year arising on Level 3 financial assets and liabilities held at year end. Unrealised gains and (losses) recognised during the period on Level 3 assets and liabilities held at year end 2022 2021 Other Other Income statement Income statement compre- compre- Trading Other hensive Trading Other hensive a a income income income Total income income income Total As at 31 December £m £m £m £m £m £m £m £m Trading portfolio assets (290) — — (290) (67) — — (67) Financial assets at fair value through the income statement (551) (66) — (617) (176) 154 — (22) Fair value through other comprehensive income — — 1 1 — — — — Investment property — (1) — (1) — — — — Trading portfolio liabilities 8 — — 8 (5) — — (5) Financial liabilities designated at fair value 55 — — 55 16 (1) — 15 Net derivative financial instruments (80) — — (80) (196) — — (196) Total (858) (67) 1 (924) (428) 153 — (275) Note a Trading income represents gains and (losses) on level 3 financial instruments which in the majority are offset by losses and gains on financial instruments disclosed in level 2.
Barclays PLC - Annual Report - 2022 Page 463 Page 465