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Consolidated Statement of Changes in Equity - Analysis of Other Reserves (Parenthetical) - GBP (£)
£ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Net gain (loss) on cash flow hedge [1] £ (6) £ 13 £ (5)
Gain (loss) from effective portion of changes in fair value 137 (15) 15
Amount of reclassification to the cost of acquisition 118 0 0
Amount of reclassification due to changes in foreign exchange rates 25 (28) 20
Legal reserve      
Transfer between reserves £ 0 £ (10) £ 0
[1] £6m net loss (2021: £13m net gain; 2020: £5m net loss) on cash flow hedge includes £137m gain (2021: £15m loss; 2020: £15m gain) from the effective portion of changes in fair value offset by reclassification to the cost of acquisition of £118m gain (2021: £nil; 2020: £nil) and reclassification to the income statement of £25m gain (2021: £28m loss; 2020: £20m gain) due to changes in foreign exchange rates.