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Investments in associated undertakings (Tables)
12 Months Ended
Dec. 31, 2024
Investments in associated undertakings  
Summary of interest in associated undertakings

    

2024

    

2023

£m

£m

Interest in Nippon Calmic Limited

 

25

 

31

Interest in individually immaterial associated undertakings

 

12

 

13

At 31 December

 

37

 

44

Nippon Calmic Limited  
Investments in associated undertakings  
Summary of reconciliation of interest in associated undertakings

    

2024

    

2023

£m

£m

At 1 January

31

32

Exchange differences

 

(2)

 

(4)

Share of profit1

 

6

 

7

Dividends received

 

(10)

 

(4)

At 31 December

 

25

 

31

1.

Share of profit is net of tax of £3m (2023: £4m).

Summary of additional information of associated undertakings

    

Assets 

    

Liabilities

    

Revenue

    

Profit 

    

Assets 

    

Liabilities 

    

Revenue 

    

Profit

2024

2024

2024

2024

2023

2023

2023

2023

 £m

£m

£m

 £m

£m

 £m

 £m

£m

Nippon Calmic Ltd (49%)

 

58

(32)

52

6

 

60

(28)

54

7

Individually immaterial associated undertakings  
Investments in associated undertakings  
Summary of reconciliation of interest in associated undertakings

    

2024

    

2023

£m

£m

At 1 January

13

31

Exchange differences

 

(1)

 

(1)

Disposals

(19)

Share of profit

 

1

 

2

Dividends received

 

(1)

 

At 31 December

 

12

 

13