Strategic Shareholder Climate and Risk Financial Financial Barclays PLC 308 report information sustainability report Governance review review statements Annual Report 2022 Risk performance - Credit risk (continued) Movement in gross exposures and impairment allowance including provisions for loan commitments and financial guarantees The following tables present a reconciliation of the opening to the closing balance of the exposure and impairment allowance. An explanation of the methodology used to determine credit impairment provisions is included in Note 8. Transfers between stages in the tables have been reflected as if they had taken place at the beginning of the year. The movements are measured over a 12-month period.