Strategic Shareholder Climate and Risk Financial Financial Barclays PLC 393 report information sustainability report Governance review review statements Annual Report 2022 Non-IFRS performance measures (continued) Margins analysis 2022 2021 Net interest Average customer Net interest Net interest Average customer Net interest income assets margin income assets margin £m £m % £m £m % For the year ended 31 December Barclays UK 5,893 205,972 2.86 5,202 206,628 2.52 a 1,796 56,008 3.21 1,238 47,725 2.59 Corporate and Investment Bank Consumer, Cards and Payments 2,979 39,193 7.60 1,911 30,805 6.21 a Barclays International 4,775 95,201 5.02 3,149 78,530 4.01 10,668 301,173 3.54 Total Barclays UK and Barclays International 8,351 285,158 2.93 b (96) Other (278) Total Barclays Group 10,572 8,073 Notes a Corporate and Investment Bank and Barclays International margins include IEL balances within the corporate and investment banking business. b Other includes Head Office and non-lending related corporate and investment banking businesses not included in Barclays International margins. The Group NIM increased 61bps to 3.54%. Barclays UK NIM increased 34bps to 2.86%, reflecting the impact of higher UK interest rates. Barclays International NIM increased 101bps to 5.02%. CIB NIM increased 62bps to 3.21% and CC&P NIM increased 139bps to 7.60%, reflecting the impact of balance growth and higher interest rates. The Group’s combined product and equity structural hedge notional as at 31 December 2022 was £263bn (December 2021: £228bn), with an average duration of approximately 2.5 years (2021: close to 3 years). Group net interest income includes gross structural hedge contributions of £2,196m (2021: £1,415m) and net structural hedge contributions of £(1,544)m (2021: £1,187m). Gross structural hedge contributions represent the absolute interest income earned from the fixed receipts on the swaps in the structural hedge, while the net structural hedge contributions represent the net interest earned on the difference between the structural hedge rate and prevailing floating rates.