Strategic Shareholder Climate and Risk Financial Financial Barclays PLC 429 report information sustainability report Governance review review statements Annual Report 2022 Notes to the financial statements (continued) For the year ended 31 December 2022 The table below reflects each of the consolidated financial statement line items that were affected by the restatement: For the year ended 31 December 2021 As reported Restatement As restated Impact on the consolidated income statement £m £m £m Litigation and conduct (177) (220) (397) Operating expenses (14,439) (220) (14,659) Profit before tax 8,414 (220) 8,194 Taxation (1,188) 50 (1,138) Profit after tax 7,226 (170) 7,056 Impact on the consolidated statement of comprehensive income Profit after tax 7,226 (170) 7,056 Total comprehensive income for the year 5,008 (170) 4,838 Impact on the consolidated balance sheet Liabilities Current tax liabilities (739) 50 (689) Provisions (1,688) (220) (1,908) Total liabilities (1,314,074) (170) (1,314,244) Equity Retained earnings 50,657 (170) 50,487 Total equity 70,211 (170) 70,041 Impact on the consolidated cash flow statement Profit before tax 8,414 (220) 8,194 Adjustments for non-cash items: Other provisions, including pensions 248 220 468 The financial impact of the restatement has been reflected in Notes 2, 7, 9, 10 and 24. Further, Note 26 (Legal, competition and regulatory matters) has also been amended to reflect the Over-issuance of Securities.