SANTANDER UK PLC financials
Also U.S.-listed. SANTANDER UK PLC is also a foreign private issuer filing with the U.S. SEC. View its EDGAR financials: SNTUF — Santander UK plc
SANTANDER UK PLC
Country: GB Reporting currency: GBP Latest annual report: 2025-12-31
LEI:
PTCQB104N23FMNK2RZ28 Financial statements
(GBP, as reported — unscaled; 108 line items across 3 annual periods)
| Line item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Income statement | |||
| Profit before tax | £1.48B | £1.35B | £2.10B |
| Income tax expense | £396.0M | £378.0M | £559.0M |
| Profit for the year | £1.09B | £971.0M | £1.54B |
| Total comprehensive income | £1.53B | £690.0M | £1.87B |
| Cash flow statement | |||
| Net cash from operating activities | -£8.80B | -£3.33B | -£3.30B |
| Income taxes paid | £46.0M | £240.0M | £537.0M |
| Net cash from investing activities | £2.96B | -£4.54B | -£2.75B |
| Net cash from financing activities | £5.41B | £285.0M | £19.0M |
| Lease liability payments | £22.0M | £33.0M | £47.0M |
| Net change in cash | -£431.0M | -£7.59B | -£6.03B |
| Balance sheet | |||
| Total assets | £266.84B | £259.94B | — |
| Intangible assets & goodwill | £1.51B | £1.54B | — |
| Cash & equivalents | £28.74B | £29.18B | £36.78B |
| Total equity | £15.15B | £13.77B | £14.62B |
| Derived metrics | |||
| Free cash flow | -£9.21B | -£3.86B | -£3.69B |
| Return on equity | 7.2% | 7.0% | 10.5% |
| Cash conversion ratio | -8.10× | -3.43× | -2.14× |
| Capex coverage | -21.62× | -6.31× | -8.58× |
| Other reported items | |||
| Adjustments For Decrease Increase In Derivative Financial Assets | £334.0M | £228.0M | £975.0M |
| Adjustments For Decrease Increase In Other Assets | -£70.0M | £118.0M | -£141.0M |
| Adjustments For Decrease Increase In Reverse Repurchase Agreements and Cash Collateral On Securities Borrowed | -£7.34B | £2.13B | -£5.12B |
| Adjustments For Depreciation and Amortisation Expense | £322.0M | £300.0M | £290.0M |
| Adjustments For Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | £207.0M | £94.0M | £195.0M |
| Adjustments For Increase Decrease In Debt Instruments Issued | £38.0M | £212.0M | £962.0M |
| Adjustments For Increase Decrease In Derivative Financial Liabilities | -£15.0M | -£116.0M | -£133.0M |
| Adjustments For Increase Decrease In Employee Benefit Liabilities | £8.0M | £13.0M | £13.0M |
| Adjustments For Increase Decrease In Other Liabilities | -£299.0M | -£1.40B | -£67.0M |
| Adjustments For Increase Decrease In Repurchase Agreements and Cash Collateral On Securities Lent | £412.0M | £206.0M | £429.0M |
| Adjustments For Losses Gains On Disposal of Noncurrent Assets | £0 | £31.0M | £0 |
| Adjustments For Provisions | £597.0M | £689.0M | £335.0M |
| Adjustments For Unrealised Foreign Exchange Losses Gains | -£344.0M | -£53.0M | -£518.0M |
| Bank Balances At Central Banks Other Than Mandatory Reserve Deposits | £27.94B | £28.30B | £35.90B |
| Cash and Bank Balances At Central Banks | £29.38B | £29.88B | £38.21B |
| Current Tax Assets | £355.0M | £506.0M | — |
| Debt Securities | £41.39B | £35.67B | — |
| Deposits From Banks | £6.63B | £13.99B | — |
| Deposits From Customers | £187.30B | £180.97B | — |
| Derivative Financial Assets | £870.0M | £1.20B | — |
| Derivative Financial Liabilities | £687.0M | £702.0M | — |
| Dividends Recognised As Distributions To Owners Per Share | £0.08 | £4.22 | £4.93 |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | -£12.0M | -£14.0M | -£58.0M |
| Equity and Liabilities | £266.84B | £259.94B | — |
| Fee and Commission Expense | £419.0M | £481.0M | £501.0M |
| Fee and Commission Income | £752.0M | £733.0M | £804.0M |
| Fee and Commission Income Expense | £333.0M | £252.0M | £303.0M |
| Financial Assets At Fair Value Through Other Comprehensive Income | £5.22B | £9.04B | — |
| Gains Losses On Cash Flow Hedges Before Tax | £197.0M | -£457.0M | -£169.0M |
| Gains Losses On Change In Value of Time Value of Options Before Tax | -£22.0M | £0 | £0 |
| Gains Losses On Financial Assets Measured At Fair Value Through Other Comprehensive Income Before Tax | £49.0M | -£20.0M | £89.0M |
| Gains Losses On Financial Assets Measured At Fair Value Through Other Comprehensive Income Net of Tax | £11.0M | -£11.0M | -£11.0M |
| Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | £193.0M | £71.0M | £205.0M |
| Income Tax Relating To Cash Flow Hedges of Other Comprehensive Income | £204.0M | £12.0M | £299.0M |
| Income Tax Relating To Change In Value of Time Value of Options of Other Comprehensive Income | -£1.0M | £0 | £0 |
| Income Tax Relating To Changes In Fair Value of Financial Liability Attributable To Change In Credit Risk of Liability of Other Comprehensive Income | £0 | -£5.0M | -£4.0M |
| Income Tax Relating To Financial Assets Measured At Fair Value Through Other Comprehensive Income | £5.0M | -£4.0M | -£5.0M |
| Income Tax Relating To Remeasurements of Defined Benefit Plans of Other Comprehensive Income | -£28.0M | -£113.0M | -£167.0M |
| Increase Decrease Through Transfers and Other Changes Equity | £1.0M | — | £1.0M |
| Interest Expense | £7.16B | £8.13B | £6.96B |
| Interest Revenue Expense | £4.38B | £4.31B | £4.66B |
| Investments In Joint Ventures Accounted For Using Equity Method | £293.0M | £289.0M | — |
| Issue of Equity | £500.0M | £400.0M | — |
| Issued Capital | £3.10B | £3.10B | — |
| Liabilities | £251.69B | £246.17B | — |
| Loans and Advances To Banks | £1.05B | £1.03B | — |
| Loans and Advances To Customers | £202.61B | £199.41B | — |
| Mandatory Reserve Deposits At Central Banks | £1.44B | £1.58B | £2.31B |
| Net Deferred Tax Liabilities | £437.0M | £246.0M | — |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale | £18.0M | £12.0M | — |
| Other Adjustments For Noncash Items | -£4.0M | £65.0M | -£749.0M |
| Other Assets | £1.86B | £1.89B | — |
| Other Comprehensive Income | £446.0M | -£281.0M | £327.0M |
| Other Comprehensive Income Before Tax Change In Fair Value of Financial Liability Attributable To Change In Credit Risk of Liability | -£1.0M | -£17.0M | -£15.0M |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | -£100.0M | -£402.0M | -£598.0M |
| Other Comprehensive Income Net of Tax Cash Flow Hedges | £529.0M | £31.0M | £780.0M |
| Other Comprehensive Income Net of Tax Change In Fair Value of Financial Liability Attributable To Change In Credit Risk of Liability | -£1.0M | -£12.0M | -£11.0M |
| Other Comprehensive Income Net of Tax Change In Value of Time Value of Options | -£20.0M | £0 | £0 |
| Other Comprehensive Income Net of Tax Exchange Differences On Translation | -£1.0M | £0 | £0 |
| Other Comprehensive Income Net of Tax Gains Losses On Remeasurements of Defined Benefit Plans | -£72.0M | -£289.0M | -£431.0M |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | £519.0M | £20.0M | £769.0M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | -£73.0M | -£301.0M | -£442.0M |
| Other Equity Interest | £1.86B | £1.86B | — |
| Other Liabilities | £2.17B | £1.85B | — |
| Other Operating Income Expense | £16.0M | £93.0M | £135.0M |
| Other Reserves | £186.0M | -£333.0M | — |
| Payments For Debt Issue Costs | £24.0M | £28.0M | £18.0M |
| Payments of Other Equity Instruments | £500.0M | £500.0M | £0 |
| Proceeds From Disposals of Property Plant and Equipment Intangible Assets Other Than Goodwill Investment Property and Other Noncurrent Assets | £161.0M | £148.0M | £175.0M |
| Proceeds From Issue of Bonds Notes and Debentures | £9.83B | £8.43B | £5.28B |
| Proceeds From Issuing Other Equity Instruments | £500.0M | £400.0M | £0 |
| Proceeds From Sales Or Maturity of Financial Instruments Classified As Investing Activities | £5.18B | £6.18B | £8.36B |
| Property Plant and Equipment Including Rightofuse Assets | £1.51B | £1.56B | — |
| Provisions | £683.0M | £611.0M | — |
| Purchase of Financial Instruments Classified As Investing Activities | £1.98B | £10.34B | £10.90B |
| Purchase of Property Plant and Equipment Intangible Assets Other Than Goodwill Investment Property and Other Noncurrent Assets | £407.0M | £528.0M | £385.0M |
| Reclassification Adjustments On Cash Flow Hedges Before Tax | -£536.0M | -£500.0M | -£1.25B |
| Reclassification Adjustments On Change In Value of Time Value of Options Before Tax | -£1.0M | £0 | £0 |
| Reclassification Adjustments On Financial Assets Measured At Fair Value Through Other Comprehensive Income Before Tax | £33.0M | -£5.0M | £105.0M |
| Recognised Assets Defined Benefit Plan | £524.0M | £439.0M | — |
| Recognised Liabilities Defined Benefit Plan | £22.0M | £23.0M | — |
| Reduction of Issued Capital | £0 | — | — |
| Repayments of Bonds Notes and Debentures | £4.22B | £6.54B | £3.54B |
| Repurchase Agreements and Cash Collateral On Securities Lent | £9.03B | £8.62B | — |
| Retained Earnings | £8.88B | £3.52B | — |
| Revenue and Operating Income | £4.73B | £4.66B | £5.10B |
| Revenue From Interest | £11.54B | £12.44B | £11.62B |
| Reverse Repurchase Agreements and Cash Collateral On Securities Borrowed | £17.68B | £10.34B | — |
| Share Premium | £1.12B | £5.62B | — |
| Subordinated Liabilities | £2.03B | £2.38B | — |
Methodology
Every line item above is a fact tagged in SANTANDER UK PLC's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (GBP), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.