XML 416 R142.htm IDEA: XBRL DOCUMENT v3.24.1
Net debt - Offsetting in the balance sheet (Details) - GBP (£)
£ in Millions
Dec. 31, 2023
Dec. 31, 2022
Oct. 12, 2022
Dec. 31, 2021
Financial assets        
Gross amount £ 2,490 £ 3,033    
Net amounts presented in the balance sheet 2,490 3,033    
Amount subject to master netting arrangement (756) (1,312)    
Net amount 1,734 1,721    
Financial liabilities        
Gross amount (5,646) (6,380)    
Net amounts presented in the balance sheet (5,646) (6,380)    
Amount subject to master netting arrangement 756 1,312    
Net amount (4,890) (5,068)    
Trade and other receivables 925 920    
Trade and other payables (1,215) (1,256)    
Bank and other short-term borrowings [1] (1,134) (1,345)    
Lease liabilities (445) (460)   £ (217)
Trade and other payables        
Financial liabilities        
Gross amount (866) (909)    
Net amounts presented in the balance sheet (866) (909)    
Net amount (866) (909)    
Borrowings        
Financial liabilities        
Gross amount (4,287) (4,919)    
Net amounts presented in the balance sheet (4,287) (4,919)    
Amount subject to master netting arrangement 730 1,291    
Net amount (3,557) (3,628)    
Lease liabilities        
Financial liabilities        
Gross amount (445) (460)    
Net amounts presented in the balance sheet (445) (460)    
Net amount (445) (460)    
Derivative financial instruments        
Financial liabilities        
Gross amount (48) (92)    
Net amounts presented in the balance sheet (48) (92)    
Amount subject to master netting arrangement 26 21    
Net amount (22) (71)    
Cash and cash equivalents        
Financial assets        
Gross amount 1,562 2,170    
Net amounts presented in the balance sheet 1,562 2,170    
Amount subject to master netting arrangement (730) (1,291)    
Net amount 832 879    
Trade and other receivables        
Financial assets        
Gross amount 857 841    
Net amounts presented in the balance sheet 857 841    
Net amount 857 841    
Other financial assets        
Financial assets        
Gross amount 1 1    
Net amounts presented in the balance sheet 1 1    
Net amount 1 1    
Derivative financial instruments        
Financial assets        
Gross amount 70 21    
Net amounts presented in the balance sheet 70 21    
Amount subject to master netting arrangement (26) (21)    
Net amount £ 44      
Measurement period adjustments        
Financial liabilities        
Trade and other receivables   (2)    
Trade and other payables   (13)    
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).