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Consolidated statement of comprehensive income - GBP (£)
£ in Millions
12 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2020
Net remeasurement of post employment benefit plans      
Group £ 616 £ 16 £ 38
Associates and joint ventures 5 3 (14)
Non-controlling interests (1) 0 0
Tax on post employment benefit plans (123) (46) (21)
Changes in the fair value of equity investments at fair value through other comprehensive income (12) 0 0
Other comprehensive income that will not be reclassified to profit or loss, net of tax, Total 485 (27) 3
Exchange differences on translation of foreign operations      
Group 1,128 (1,233) (104)
Associates and joint ventures 60 (240) 82
Non-controlling interests 171 (173) (37)
Net investment hedges (623) 810 (227)
Exchange loss recycled to the income statement      
On disposal of foreign operations 63 0 4
Tax on exchange differences – group (6) (9) 4
Tax on exchange differences – non-controlling interests 0 (1) 0
Effective portion of changes in fair value of cash flow hedges      
Hedge of foreign currency debt of the group 233 (298) 221
Transaction exposure hedging of the group (172) 101 (43)
Hedges by associates and joint ventures (15) (1) 6
Commodity price risk hedging of the group 78 41 (11)
Recycled to income statement – hedge of foreign currency debt of the group 239 (175) 75
Recycled to income statement – transaction exposure hedging of the group (42) (10) (42)
Recycled to income statement – commodity price risk hedging of the group 46 2 (8)
Tax on effective portion of changes in fair value of cash flow hedges 32 (6) (23)
Hyperinflation adjustments 365 (17) (18)
Tax on hyperinflation adjustments (74) 5 4
Other comprehensive income that may be reclassified to profit or loss, net of tax, Total 997 (838) (167)
Other comprehensive income/(loss), net of tax, for the year 1,482 (865) (164)
Profit for the year 3,338 2,799 1,454
Total comprehensive income for the year 4,820 1,934 1,290
Attributable to:      
Equity shareholders of the parent company 4,561 1,969 1,282
Non-controlling interests £ 259 £ (35) £ 8