Consolidated information for Santander UK plc and its controlled entities Santander UK plc is the principal subsidiary of Santander UK Group Holdings plc. Summarised consolidated income statement 9M-22 9M-211 £m £m Net interest income 3,253 2,932 Non-interest income2 411 446 Total operating income 3,664 3,378 Operating expenses before credit impairment (charges) / write-backs, provisions and charges (1,750) (1,899) Credit impairment (charges) / write-backs (256) 170 Provisions for other liabilities and charges (193) (224) Total operating credit impairment (charges) / write-backs, provisions and charges (449) (54) Profit from continuing operations before tax 1,465 1,425 Tax on profit from continuing operations (354) (383) Profit from continuing operations after tax 1,111 1,042 Profit from discontinued operations after tax - 32 Profit after tax 1,111 1,074 Summarised balance sheet 30.09.22 31.12.21 £bn £bn Customer loans
216.3 207.3 Other assets3 72.0 79.8 Total assets 288.3 287.1 Customer deposits 184.2 186.2 Wholesale funding 69.5 65.2 Other liabilities 19.2 19.6 Total liabilities 272.9 271.0 Shareholders' equity 15.4 16.1 Total liabilities and equity 288.3 287.1 Other information 30.09.22 31.12.21 Total qualifying regulatory capital £14.7bn £14.8bn Risk-weighted assets (RWAs) £70.3bn £67.1bn Total capital ratio 20.9% 21.9% RFB LCR 166% 166% RFB DolSub LCR 161% 166% Stage 3 ratio 1.22% 1.45% ECL provision £955m £865m The information contained in this report is unaudited and does not comprise statutory accounts within the meaning of section 434 of the Companies Act 2006 (‘the Act’). The statutory accounts for the year ended 31 December 2021 have been filed with the Registrar of Companies. The report of the auditor on those statutory accounts was unqualified, did not draw attention to any matters by way of emphasis and did not contain a statement under
section 498(2) or (3) of the Act. 1. Discontinued operations relate to the CIB segment which was moved to SLB under a Part VII banking business transfer scheme, completed on 11 October 2021. 2. Comprises ‘Net fee and commission income’ and ‘Other operating income’. 3. 30 September 2022 includes £49m of property assets classified as held for sale.
Disclaimer Santander UK Group Holdings plc (Santander UK), Santander UK plc and Banco Santander caution that this announcement may contain forward- looking statements. Such forward-looking statements are found in various places throughout this announcement. Words such as “believes”, “anticipates”, “expects”, “intends”, “aims” and “plans” and other similar expressions are intended to identify forward-looking statements, but they are not the exclusive means of identifying such statements. Forward-looking statements include, without limitation, statements concerning our future business development and economic performance. These forward-looking statements are based on management’s current expectations, estimates and projections and Santander UK, Santander UK plc and Banco Santander caution that these statements are not guarantees of future performance. We also caution readers that a number of important
factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements. We have identified certain of these factors in the forward- looking statements on page 238 of the Santander UK plc 2021 Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (SEC) on 7 March 2022. Investors and others should carefully consider the foregoing factors and other uncertainties and events. Undue reliance should not be placed on forward-looking statements when making decisions with respect to Santander UK, Santander UK plc, Banco Santander and/or their securities. Such forward-looking statements speak only as of the date on which they are made, and we do not undertake any obligation to update or revise any of them, whether as a result of new information, future events or otherwise. Statements as to historical performance, historical share price or financial
accretion are not intended to mean that future performance, future share price or future earnings for any period will necessarily match or exceed those of any prior quarter. Santander UK is a frequent issuer in the debt capital markets and regularly meets with investors via formal roadshows and other ad hoc meetings. In line with Santander UK’s usual practice, over the coming quarter it expects to meet with investors globally to discuss this Quarterly Management Statement, the results contained herein and other matters relating to Santander UK. Nothing in this announcement constitutes or should be construed as constituting a profit forecast
