6-K 1 d916991d6k.htm FORM 6-K Form 6-K

 

 

FORM 6-K

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Report of Foreign Issuer

Pursuant to Rule 13a-16 or 15d-16

of Securities Exchange Act of 1934

For the month of April 2015

 

 

SANTANDER UK PLC

(Translation of registrant’s name into English)

 

 

2 Triton Square, Regent’s

Place, London NW1 3AN, England

(Address of principal executive offices)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F  x            Form 40-F  ¨

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes  ¨            No   x

 

 

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

SANTANDER UK PLC
Dated: 29 April 2015 By /s/ Michelle Hill
(Authorised Signatory)


Consolidated information for Santander UK plc and its controlled entities for the three months ended 31 March 2015 and 2014

The consolidated income statement, balance sheet and capital as of, and for the three months ended 31 March 2015 and 2014 for Santander UK plc and its controlled entities are shown below.

The information contained in this report is unaudited and does not constitute statutory accounts within the meaning of section 434 of the Companies Act 2006 or interim financial statements in accordance with International Accounting Standard 34 ‘Interim Financial Reporting’. The information contained in this report has been prepared in accordance with Santander UK plc’s previously stated accounting policies described in the Annual Report for the year ended 31 December 2014 filed on Form 20-F.

 

Summary consolidated income statement

   Q1’15
£m
    Q1’14
£m
 

Net interest income

     885        825   

Non-interest income

     258        269   
  

 

 

   

 

 

 

Total operating income

  1,143      1,094   
  

 

 

   

 

 

 

Administrative expenses

  (536   (497

Depreciation, amortisation and impairment

  (66   (73
  

 

 

   

 

 

 

Operating expenses

  (602   (570
  

 

 

   

 

 

 

Impairment losses on loans and advances

  (53   (97

Provisions for other liabilities and charges

  (18   (11
  

 

 

   

 

 

 

Total operating provisions and charges

  (71   (108
  

 

 

   

 

 

 

Profit before tax

  470      416   

Taxation charge

  (93   (81
  

 

 

   

 

 

 

Profit after tax for the period

  377      335   
  

 

 

   

 

 

 

Attributable to:

Equity holders of the parent

  372      355   

Non-controlling interest

  5      —     
  

 

 

   

 

 

 

Summary balance sheet

   31.03.15
£bn
    31.12.14
£bn
 

Assets

    

Retail Banking

     161.0        158.5   

Commercial Banking

     19.4        18.7   

Corporate & Institutional Banking

     5.6        5.2   

Corporate Centre

     8.2        8.3   
  

 

 

   

 

 

 

Customer assets

  194.2      190.7   

Other assets

  91.5      85.3   
  

 

 

   

 

 

 

Total assets

  285.7      276.0   
  

 

 

   

 

 

 

Liabilities

Retail Banking

  131.0      129.6   

Commercial Banking

  16.0      15.3   

Corporate & Institutional Banking

  1.9      2.3   

Corporate Centre

  5.7      5.2   
  

 

 

   

 

 

 

Customer deposits

  154.6      152.4   

Medium term funding

  59.3      56.2   

Other liabilities

  57.2      53.2   
  

 

 

   

 

 

 

Total liabilities

  271.1      261.8   
  

 

 

   

 

 

 

Shareholder’s equity

  14.5      14.2   

Non-controlling interest

  0.1      —     
  

 

 

   

 

 

 

Total liabilities, equity and non-controlling interest

  285.7      276.0   
  

 

 

   

 

 

 

Summary capital

   31.03.15
£bn
    31.12.14
£bn
 

Capital – CRD IV

    

Total qualifying regulatory capital

     14.6        14.7   

Risk Weighted Assets (‘RWAs’)

     84.4        82.3   

Total capital ratio

     17.4     17.9
  

 

 

   

 

 

 


Disclaimer

Santander UK plc cautions that this announcement may contain forward-looking statements. Such forward-looking statements are found in various places throughout this press release. 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 plc cautions 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 on pages 327 to 346 the Santander UK plc 2014 Annual Report on Form 20-F. 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 plc and/or its 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.