Santander UK (SANS+) 6-K Current report (foreign)

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE13a-16 OR15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of April, 2019

Commission File Number001-14928

SANTANDER UK PLC

(Translation of registrant’s name into English)

2 Triton Square, Regent’s

Place, London NW1 3AN, England

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form20-F or Form40-F.

Form20-F  ☒            Form40-F  ☐

Indicate by check mark if the registrant is submitting the Form6-K in paper as permitted by RegulationS-T Rule 101(b)(1):  ☐

Indicate by check mark if the registrant is submitting the Form6-K in paper as permitted by RegulationS-T Rule 101(b)(7):  ☐

The registrant hereby incorporates all parts of this Report on Form6-K by reference into Registration StatementNo. 333-213861 filed by the registrant with the Securities and Exchange Commission on FormF-3ASR under the Securities Act of 1933.

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: 30 April 2019	By / s / Gavin White
	Gavin White
	Company Secretary

Supplementary consolidated information for Santander UK plc and its controlled entities

Santander UK plc is the principal subsidiary of Santander UK Group Holdings plc.

	Q119			Q118
Summarised consolidated income statement	£m			£m
Net interest income		845			906
Non-interest income1		211			245
Total operating income		1,056			1,151
Operating expenses before credit impairment losses, provisions and charges		(631	)		(648	)
Credit impairment losses		(53	)		(60	)
Provisions for other liabilities and charges		(91	)		(28	)
Total operating impairment losses, provisions and charges		(144	)		(88	)
Profit before tax		281			415
Tax on profit		(76	)		(109	)
Profit after tax for the period		205			306
	31.03.19			31.12.18
Summary balance sheet	£bn			£bn
Customer loans		199.8			199.6
Other assets		80.2			83.8
Total assets		280.0			283.4
Total customer deposits		166.6			167.3
Medium Term Funding		46.6			48.9
Other liabilities		51.0			51.2
Total liabilities		264.2			267.4
Shareholders’ equity		15.6			15.8
Non-controlling interests		0.2			0.2
Total liabilities and equity		280.0			283.4
	31.03.19			31.12.18
Summarised consolidated capital	£bn			£bn
Total qualifying regulatory capital		15.7			15.9
Risk-weighted assets (RWAs)		77.2			78.5
Total capital ratio		20.4	%		20.3	%

The information in this Appendix 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 in this Appendix has been prepared in accordance with our accounting policies described in our 2018 Annual Report on Form20-F for the year ended 31 December 2018 filed with the SEC on 11 March 2019, except as described below.

Changes to the results’ basis of presentation – application of IAS 12

IAS 12 ‘Income Taxes’ amendment has been applied in these results. The amendment states that the income tax consequences arising from dividends on equity instruments should normally be recognised in the income statement, whereas they were previously classified as tax on other equity instruments and recognised in the statement of changes in equity.

This has been applied retrospectively, and consequently reduced the tax on profit by £11m for Q118.

Disclaimer

Santander UK plc (Santander UK) 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 both Santander UK 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 220 of the Santander UK plc 2018 Annual Report on Form20-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, 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. Nothing in this Quarterly Management Statement should be construed as a profit forecast.

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.