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Reconciliation of movement in net borrowings (Tables)
6 Months Ended
Dec. 31, 2021
Borrowings [abstract]  
Schedule of movement in net borrowings
Six months ended 31 December 2021Six months ended 31 December 2020
£ million£ million
Net decrease in cash and cash equivalents before exchange(888)(237)
Net decrease in bonds and other borrowings(i)
729 561 
Net (increase)/decrease in net borrowings from cash flows(159)324 
Exchange differences on net borrowings(31)420 
Other non-cash items(ii)
(32)(159)
Net borrowings at beginning of the period(12,109)(13,246)
Net borrowings at end of the period(12,331)(12,661)
(i)    In the six months ended 31 December 2021, net decrease in bonds and other borrowings excludes £2 million cash outflow in respect of derivatives designated in forward point hedges (2020 - £nil). (ii)    In the six months ended 31 December 2021, other non-cash items are principally in respect of additional leases entered into during the period. In the six months ended 31 December 2020, other non-cash items are principally in respect of fair value changes of cross currency interest rate swaps.