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v3.25.1

Investments in associated undertakings (Details) - GBP (£) £ in Millions |  |  | 12 Months Ended
--- | --- | --- | ---
Dec. 31, 2024 | Dec. 31, 2023 | Dec. 31, 2024 | Dec. 31, 2023 | Dec. 31, 2022
Investments in associated undertakings |  |  |  |  |
Balance at beginning |  |  | £ 44 |  |
Share of profit from associates (net of tax) |  |  | 7 | £ 9 | £ 9
Dividends received |  |  | (11) | (4) | (4)
Balance at end | £ 37 | £ 44 | 37 | 44 |
Revenue |  |  | 5,436 | 5,375 | 3,714
Profit |  |  | 307 | 381 | 232
Nippon Calmic Limited |  |  |  |  |
Investments in associated undertakings |  |  |  |  |
Balance at beginning |  |  | 31 | 32 |
Exchange differences |  |  | (2) | (4) |
Share of profit from associates (net of tax) |  |  | 6 | 7 |
Dividends received |  |  | (10) | (4) |
Balance at end | £ 25 | £ 31 | 25 | 31 | 32
Tax expense on share of profit |  |  | 3 | 4 |
Ownership interest in associate | 49.00% | 49.00% |  |  |
Assets | £ 58 | £ 60 | 58 | 60 |
Liabilities | (32) | (28) | (32) | (28) |
Revenue |  |  | 52 | 54 |
Profit |  |  | 6 | 7 |
Individually immaterial associated undertakings |  |  |  |  |
Investments in associated undertakings |  |  |  |  |
Balance at beginning |  |  | 13 | 31 |
Exchange differences |  |  | (1) | (1) |
Disposals |  |  |  | (19) |
Share of profit from associates (net of tax) |  |  | 1 | 2 |
Dividends received |  |  | (1) |  |
Balance at end | £ 12 | £ 13 | 12 | 13 | £ 31
Unrecognised share of losses of associates |  |  | £ 0 | £ 0 |

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- Definition The cash inflow representing dividends received from associates, classified as investing activities. [Refer: Total for all associates [member]; Dividends received] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 7 -IssueDate 2024-01-01 -Paragraph 16 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=7&code=ifrs-tx-2024-en-r&anchor=para_16&doctype=Standard -URIDate 2024-03-27 + Details
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- Definition The amount of revenue from contracts with customers. A customer is a party that has contracted with an entity to obtain goods or services that are an output of the entity’s ordinary activities in exchange for consideration. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 15 -IssueDate 2024-01-01 -Paragraph 114 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=15&code=ifrs-tx-2024-en-r&anchor=para_114&doctype=Standard -URIDate 2024-03-27 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 15 -IssueDate 2024-01-01 -Paragraph 113 -Subparagraph a -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=15&code=ifrs-tx-2024-en-r&anchor=para_113_a&doctype=Standard -URIDate 2024-03-27 + Details
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