Full text of Citigroup Global Markets Ltd's X-17A-5 filed 2026-05-01 (period 2025-12-31). Broker-dealer annual report from SEC EDGAR — readable, searchable, and available as markdown for AI agents.
{0}------------------------------------------------ **(Registered Number: 01763297)** ## **ANNUAL REPORT AND FINANCIAL STATEMENTS** **for the year ended 31 December 2025** {1}------------------------------------------------ ## **Table of Contents** | Strategic report | | 1 | |---------------------------------------------------------------------------------|-----------------------------------------------------------------------------|-----| | Directors' report | | 21 | | Independent auditor's report to the members of citigroup global markets limited | | | | | | | | Income Statement | 32 | | | Statement of Comprehensive Income | | 33 | | Statement of Changes in Equity<br>Balance Sheet | | 34 | | | | 35 | | | Statement of Cash Flows | 36 | | | | | | 1. | Material accounting policies | 37 | | 2. | Use of assumptions, estimates and judgements | 47 | | 3. | Turnover and results | 48 | | 4. | Fee and commission income | 48 | | 5. | Interest income and interest expense | 49 | | 6. | Net dealing income | 50 | | 7. | Operating expenses | 50 | | 8. | Pension | 51 | | 9. | Share-based incentive plans | 57 | | 10. | Directors' remuneration | 59 | | 11. | Tax on profit on ordinary activities | 60 | | 12. | Cash at bank | 61 | | 13. | Derivatives | 62 | | 14. | Financial assets at fair value through profit or loss | 63 | | 15. | Financial assets and liabilities accounting classifications and fair values | 64 | | 16. | Equity securities held for investment | 80 | | 17. | Involvement with unconsolidated structured entities | 81 | | 18. | Other Assets | 82 | | 19. | Intangible and Tangible fixed assets | 83 | | 20. | Investments in subsidiary and related undertakings | 84 | | 21. | Pledged assets | 85 | | 22. | Deferred tax asset | 86 | | 23. | Other Liabilities | 87 | | 24. | Provisions for liabilities | 88 | | 25. | Derecognition of financial assets and financial liabilities | 90 | | 26. | Trading financial assets and liabilities | 90 | | 27. | Subordinated loans | 91 | | 28. | Capital and reserves | 91 | | 29. | Financial instruments and risk management | 93 | | 30. | Capital management (unaudited) | 111 | | 31. | Registered charges | 111 | | 32. | Other commitments | 111 | | 33. | Related party transactions | 112 | | 34. | Events after the reporting period | 115 | | 35. | Group structure | 115 | | 36. | Revenue analysis | 116 | | 37. | Country by country reporting | 116 | {2}------------------------------------------------ ## **STRATEGIC REPORT** for the year ended 31 D…