XML 412 R138.htm IDEA: XBRL DOCUMENT v3.24.1
Net debt (Details) - GBP (£)
£ in Millions
Dec. 31, 2023
Dec. 31, 2022
Oct. 12, 2022
Dec. 31, 2021
Net debt        
Cash and cash equivalents in the Consolidated Balance Sheet £ 1,562 £ 2,170    
Other investments 1 1    
Fair value of debt-related derivatives (18)      
Bank and other short-term borrowings [1] (1,134) (1,345)    
Lease liabilities (127) (135)    
Fair value of debt-related derivatives 41 (71)    
Bank and other long-term borrowings (3,153) (3,574)    
Lease liabilities [1] (318) (325)    
Total net debt (3,146) (3,279)    
Lease liabilities (445) (460)   £ (217)
Bond debt, current (347) 0    
Overdraft, current (730) (1,291)    
Overseas loans, current (17) (14)    
Bond accruals, current (40) (40)    
Bond debt, non-current (2,596) (2,987)    
Loans, non-current £ (557) (587)    
Measurement period adjustments        
Net debt        
Bank and other short-term borrowings   9    
Lease liabilities   £ 7 £ 8  
[1] Goodwill, right-of-use assets, investments in associated undertakings, contract costs, accrued income, accruals, loans, long-term liabilities, lease liabilities, deferred tax liabilities, and provisions have been retrospectively adjusted in 2022, in accordance with IFRS 3, to reflect measurement period adjustments made relating to the Terminix acquisition (see Note B1).