UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 -------------------------------------------------------------------------------- FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 August, 2006 Barclays PLC and Barclays Bank PLC (Names of Registrants) 1 Churchill Place London E14 5HP England (Address of Principal Executive Offices) Indicate by check mark whether the registrant files or will file annual reports under cover of 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 If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): -------------------------------------------------------------------------------- This Report is a joint Report on Form 6-K filed by Barclays PLC and Barclays Bank PLC. All of the issued ordinary share capital of Barclays Bank PLC is owned by Barclays PLC. This Report comprises: Information given to The London Stock Exchange and furnished pursuant to General Instruction B to the General Instructions to Form 6-K. -------------------------------------------------------------------------------- EXHIBIT INDEX Interim Results dated 3 August, 2006 -------------------------------------------------------------------------------- SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, each of the registrants has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. BARCLAYS PLC (Registrant) Date: August 03, 2006 By: /s/ Patrick Gonsalves ---------------------- Patrick Gonsalves Deputy Secretary BARCLAYS BANK PLC (Registrant) Date: August 03, 2006 By: /s/ Patrick Gonsalves ---------------------- Patrick Gonsalves Joint Secretary Barclays Bank PLC Results Announcement 30th June 2006 Barclays Bank PLC 3rd August 2006 BARCLAYS BANK PLC BARCLAYS BANK PLC IS A WHOLLY OWNED SUBSIDIARY OF BARCLAYS PLC The Directors report the following results of the Barclays Bank PLC Group for the half-year ended 30th June 2006: CONSOLIDATED INCOME STATEMENT (UNAUDITED) Half year ended 30.06.06 31.12.05 30.06.05 GBPm GBPm GBPm Continuing operations ------- -------- -------- Interest income 10,544 9,584 7,648 Interest expense (6,140) (5,209) (3,948) ------- -------- -------- Net interest income 4,404 4,375 3,700 ------- -------- -------- Fee and commission income 4,077 3,558 2,872 Fee and commission expense (425) (393) (332) ------- -------- -------- Net fee and commission income 3,652 3,165 2,540 ------- -------- -------- Net trading income 2,203 1,145 1,176 Net investment income 374 485 373 ------- -------- -------- Principal transactions 2,577 1,630 1,549 Net premiums from insurance contracts 510 501 371 Other income 86 129 49 ------- -------- -------- Total income 11,229 9,800 8,209 Net claims and benefits paid on insurance contracts (233) (358) (287) ------- -------- -------- Total income net of insurance claims 10,996 9,442 7,922 Impairment charges (1,057) (865) (706) ------- -------- -------- Net income 9,939 8,577 7,216 ------- -------- -------- Operating expenses excluding amortisation of intangible assets (6,206) (5,923) (4,525) Amortisation of intangible assets (63) (62) (17) ------- -------- -------- Operating expenses (6,269) (5,985) (4,542) Share of post-tax results of associates 30 29 16 and joint ventures ------- -------- -------- Profit before tax 3,700 2,621 2,690 Tax (1,072) (724) (715) ------- -------- -------- Profit for the period 2,628 1,897 1,975 ------- -------- -------- Profit attributable to minority interests 155 148 29 Profit attributable to equity holders 2,473 1,749 1,946 ------- -------- -------- 2,628 1,897 1,975 ------- -------- -------- The information in this announcement, which was approved by the Board of Directors on 2nd August 2006, does not comprise statutory accounts within the meaning of Section 240 of the Companies Act 1985 (the 'Act'). CONSOLIDATED BALANCE SHEET (UNAUDITED) As at 30.06.06 31.12.05 30.06.05 GBPm GBPm GBPm Assets Cash and balances at central banks 6,777 3,506 4,106 Items in the course of collection from other banks 2,600 1,901 2,208 Trading portfolio assets 181,871 155,730 134,245 Financial assets designated at fair value: - held on own account 18,833 12,904 9,747 - held in respect of linked liabilities to customers under investment contracts 79,334 83,193 69,792 Derivative financial instruments 136,901 136,823 133,932 Loans and advances to banks 35,330 31,105 35,225 Loans and advances to customers 282,097 268,896 237,123 Available for sale financial investments 53,953 53,703 61,398 Reverse repurchase agreements and cash collateral on securities borrowed 171,869 160,398 149,400 Other assets 5,866 4,734 3,598 Investments in associates and joint ventures 560 546 438 Goodwill 5,968 6,022 4,590 Intangible assets 1,125 1,269 120 Property, plant and equipment 2,515 2,754 2,407 Deferred tax assets 776 686 2,059 -------- -------- -------- Total assets 986,375 924,170 850,388 -------- -------- -------- CONSOLIDATED BALANCE SHEET (UNAUDITED) As at 30.06.06 31.12.05 30.06.05 GBPm GBPm GBPm Liabilities Deposits from banks 86,221 75,127 84,538 Items in the course of collection due to other banks 2,700 2,341 2,809 Customer accounts 253,200 238,684 217,715 Trading portfolio liabilities 74,719 71,564 65,598 Financial liabilities designated at fair value: - held on own account 43,594 33,385 8,231 Liabilities to customers under investment contracts 81,380 85,201 71,608 Derivative financial instruments 138,982 137,971 132,784 Debt securities in issue 102,198 103,328 93,328 Repurchase agreements and cash collateral on securities lent 146,165 121,178 122,076 Other liabilities 10,767 11,131 9,649 Current tax liabilities 592 747 786 Insurance contract liabilities, including unit-linked liabilities 3,558 3,767 3,589 Subordinated liabilities: - Undated loan capital - non convertible 4,743 4,397 4,366 - Dated loan capital - convertible 38 38 13 - Dated loan capital - non convertible 8,848 8,028 6,930 Deferred tax liabilities 430 700 1,891 Other provisions for liabilities 474 517 386 Retirement benefit liabilities 1,976 1,823 2,041 -------- -------- -------- Total liabilities 960,585 899,927 828,338 -------- -------- -------- Shareholders' equity Called up share capital 2,357 2,348 2,341 Share premium account 9,354 8,882 8,786 Available for sale reserve 32 257 400 Cash flow hedging reserve (172) 70 328 Other shareholders' funds 2,570 2,490 2,551 Translation reserve (176) 156 (35) Retained earnings 10,217 8,462 7,479 -------- -------- -------- Shareholders' equity excluding minority interests 24,182 22,665 21,850 Minority interests 1,608 1,578 200 -------- -------- -------- Total shareholders' equity 25,790 24,243 22,050 -------- -------- -------- -------- -------- -------- Total liabilities and shareholders' equity 986,375 924,170 850,388 -------- -------- -------- CONSOLIDATED STATEMENT OF RECOGNISED INCOME AND EXPENSE (UNAUDITED) Half-year ended 30.06.06 31.12.05 30.06.05 GBPm GBPm GBPm Net movements in available for sale reserve (322) (189) 112 Net movements in cash flow hedging reserve (419) (147) 28 Currency translation differences arising during the year (595) 277 23 Tax 267 168 (118) Other movements 30 (112) 10 -------- -------- -------- Amounts included directly in equity (1,039) (3) 55 Profit for the period 2,628 1,897 1,975 -------- -------- -------- Total recognised income and expense for the year 1,589 1,894 2,030 -------- -------- -------- Attributable to: Equity holders 1,718 1,655 2,004 Minority interests (129) 239 26 -------- -------- -------- 1,589 1,894 2,030 -------- -------- -------- The consolidated statement of recognised income and expense reflects all items of income and expense for the period, including items taken directly to equity in accordance with IFRS. Movements in individual reserves include amounts which relate to minority interests; the impact of such amounts is then reflected in the amount attributable to such interests. Income and expense recognised directly in equity is recorded on a gross basis with any related tax recorded on the separate tax line. The available for sale reserve reflects gains or losses arising from the change in fair value of available for sale financial assets except for impairment losses and foreign exchange gains or losses on monetary items such as debt securities, which are recognised in the income statement. When an available for sale asset is impaired or derecognised, the cumulative gain or loss previously recognised in the available for sale reserve is transferred to income. The movement in the first half of 2006 reflects net unrealised losses from changes in fair value and the transfer of net realised gains to the income statement on disposal of assets. Cash flow hedging aims to minimise exposure to variability in cash flows that is attributable to a particular risk associated with a recognised asset or liability or a highly probable forecast transaction that could affect profit or loss. The portion of the gain or loss on the hedging instrument that is deemed to be an effective hedge is recognised in the cash flow hedging reserve. The movement in the first half of 2006 primarily reflects net unrealised losses from changes in the fair value of the hedging instruments. The gains and losses deferred in this reserve will be transferred to the income statement in the same period or periods during which the hedged item is recognised in the income statement. Exchange differences arising on the net investments in foreign operations and effective hedges of net investments are recognised in the translation reserve and transferred to income on the disposal of the net investment. The movement in the period primarily reflects the impact of changes in the value of the Rand on the minority interest in Absa Group Limited and changes in the value of the US Dollar on net investments which are economically hedged through dollar-denominated preference share capital, but where the hedging item is not revalued for accounting purposes. Other movements primarily reflect the change in insurance liabilities taken directly to reserves. CONSOLIDATED CASH FLOW STATEMENT (UNAUDITED) Half-year ended 30.06.06 31.12.05 30.06.05 GBPm GBPm GBPm Net cash inflow/(outflow) from operating activities 8,353 (28,104) 17,636 Net cash (outflow)/inflow from investing activities (1,159) 6,193 (11,514) Net cash inflow from financing activities 2,164 12,235 2,594 -------- -------- -------- Effect of exchange rate changes on cash and cash equivalents (386) 301 (539) -------- -------- -------- Net increase/(decrease)in cash and cash equivalents 8,972 (9,375) 8,177 Cash and cash equivalents at beginning of period 20,405 29,780 21,603 -------- -------- -------- Cash and cash equivalents at end of period 29,377 20,405 29,780 -------- -------- -------- NOTES 1. Authorised share capital Ordinary shares The authorised ordinary share capital of Barclays Bank PLC at 30th June 2006 was 3,000 million (31st December 2005: 3,000 million) ordinary shares of GBP1 each. Preference shares 30.06.06 31.12.05 30.06.05 '000 '000 '000 Authorised share capital - shares of GBP1 each 1 1 1 Authorised share capital - shares of GBP100 each 400 400 400 Authorised share capital - shares of US$0.25 each 80,000 80,000 80,000 Authorised share capital - shares of US$100 each 400 400 400 Authorised share capital - shares of EUR100 each 400 400 400 2. Issued share capital Ordinary shares The issued ordinary share capital of Barclays Bank PLC at 30th June 2006 comprised 2,323 million (31st December 2005: 2,318 million) ordinary shares of GBP1 each. The whole of the issued ordinary share capital of Barclays Bank PLC at 30th June 2006 is beneficially owned by Barclays PLC. Preference shares The issued preference share capital of Barclays Bank PLC at 30th June 2006 comprised GBP34m (31st December 2005: GBP30m) of preference shares of the following denominations: 30.06.06 31.12.05 30.06.05 '000 '000 '000 Issued and fully paid shares of GBP1 each 1 1 1 Issued and fully paid shares of GBP100 each 75 75 75 Issued and fully paid shares of US$100 each 100 100 100 Issued and fully paid shares of EUR100 each 240 240 240 Issued and fully paid shares of US$0.25 each 30,000 - - 3. Staff numbers On a full time equivalent basis the total permanent and contract staff at 30th June 2006 was 118,300 (31st December 2005: 113,300). Additionally, agency staff totalled 8,700 (31st December 2005: 7,000).