XML 158 R33.htm IDEA: XBRL DOCUMENT v3.23.2
Segmental information (Tables)
12 Months Ended
Jun. 30, 2023
Disclosure of operating segments [abstract]  
Schedule of segmental information for the consolidated income statement - continuing operations (a) Segmental information for the consolidated income statement
North AmericaEurope Asia
Pacific
Latin America and CaribbeanAfricaSC&PEliminate
inter-
segment
sales
Total
operating
segments
Corporate
and other
Total
£ million£ million£ million£ million£ million£ million£ million£ million£ million£ million
2023
Sales7,382 5,996 5,403 2,260 2,386 3,073 (3,073)23,427 88 23,515 
Net sales
At budgeted exchange rates(1)
6,052 3,377 3,084 1,642 1,631 2,942 (2,876)15,852 87 15,939 
Acquisitions and disposals20 20 35 3 104   182  182 
SC&P allocation8 38 8 9 3 (66)    
Retranslation to actual exchange rates678 (41)73 145 (39)197 (197)816 1 817 
Hyperinflation 175      175  175 
Net sales6,758 3,569 3,200 1,799 1,699 3,073 (3,073)17,025 88 17,113 
Operating profit/(loss)
At budgeted exchange rates(1)
2,337 1,076 886 597 347 (32) 5,211 (292)4,919 
Acquisitions and disposals(18)(13)5  27   1 (6)(5)
SC&P allocation3 (24)(6)(3)(2)32     
Fair value remeasurements87 25  1    113  113 
Retranslation to actual exchange rates280 18 20 66 (152)  232 (28)204 
Hyperinflation 23      23  23 
Operating profit/(loss) before exceptional items2,689 1,105 905 661 220   5,580 (326)5,254 
Exceptional operating items (97)(8)(473) (44)  (622) (622)
Operating profit/(loss)2,592 1,097 432 661 176   4,958 (326)4,632 
Non-operating items328 
Net finance charges(594)
Share of after tax results of associates and joint ventures370 
Profit before taxation4,736 
North AmericaEurope Asia
Pacific
Latin America and CaribbeanAfricaSC&PEliminate
inter-
segment
sales
Total
operating
segments
Corporate
and other
Total
£ million£ million£ million£ million£ million£ million£ million£ million£ million£ million
2022
Sales6,682 5,740 5,624 1,945 2,403 2,010 (2,010)22,394 54 22,448 
Net sales
At budgeted exchange rates(1)
5,955 3,258 2,879 1,486 1,699 2,095 (2,016)15,356 55 15,411 
Acquisitions and disposals34 23 — 15 — — 75 — 75 
SC&P allocation46 12 (79)— — — — 
Retranslation to actual exchange rates97 (304)(4)24 (35)(6)(222)(1)(223)
Hyperinflation— 189 — — — — — 189 — 189 
Net sales6,095 3,212 2,884 1,525 1,682 2,010 (2,010)15,398 54 15,452 
Operating profit/(loss)
At budgeted exchange rates(1)
2,388 1,086 703 528 346 (22)— 5,029 (256)4,773 
Acquisitions and disposals(28)11 — — (10)— — (27)— (27)
SC&P allocation(1)(18)(2)— (1)22 — — — — 
Fair value remeasurements32 36 — (8)— — — 60 — 60 
Retranslation to actual exchange rates63 (108)10 18 (20)— — (37)18 (19)
Hyperinflation— 10 — — — — — 10 — 10 
Operating profit/(loss) before exceptional items2,454 1,017 711 538 315 — — 5,035 (238)4,797 
Exceptional operating items (1)(146)(241)— — — — (388)— (388)
Operating profit/(loss)2,453 871 470 538 315 — — 4,647 (238)4,409 
Non-operating items(17)
Net finance charges(422)
Share of after tax results of associates and joint ventures417 
Profit before taxation4,387 
North AmericaEurope Asia
Pacific
Latin America and CaribbeanAfricaSC&PEliminate
inter-
segment
sales
Total
operating
segments
Corporate
and other
Total
£ million£ million£ million£ million£ million£ million£ million£ million£ million£ million
2021
Sales5,803 4,795 5,146 1,369 2,020 1,537 (1,537)19,133 20 19,153 
Net sales
At budgeted exchange rates(1)
5,527 2,579 2,561 1,176 1,541 1,627 (1,548)13,463 20 13,483 
Acquisitions and disposals28 — — — — 35 — 35 
SC&P allocation45 13 (79)— — — — 
Retranslation to actual exchange rates(355)(68)(82)(143)(137)(11)11 (785)— (785)
Net sales5,209 2,558 2,488 1,046 1,412 1,537 (1,537)12,713 20 12,733 
Operating profit/(loss)
At budgeted exchange rates(1)
2,469 728 628 422 228 (97)— 4,378 (218)4,160 
Acquisitions and disposals(18)(3)— — — — — (21)— (21)
SC&P allocation(30)(32)(5)(27)(3)97 — — — — 
Fair value remeasurement of contingent consideration(9)(27)— — — — — (36)— (36)
Retranslation to actual exchange rates(175)(31)(15)(92)(54)— — (367)10 (357)
Operating profit/(loss) before exceptional items2,237 635 608 303 171 — — 3,954 (208)3,746 
Exceptional operating items — (15)— — — — — (15)— (15)
Operating profit/(loss)2,237 620 608 303 171 — — 3,939 (208)3,731 
Non-operating items14 
Net finance charges(373)
Share of after tax results of associates and joint ventures334 
Profit before taxation3,706 
(1)    These items represent the IFRS 8 performance measures for the geographical and SC&P segments.
(i)    The net sales figures for SC&P reported to the Executive Committee primarily comprise inter-segment sales and these are eliminated in a separate column in the above segmental analysis. Apart from sales by the SC&P segment to the other operating segments, inter-segmental sales are not material.
(ii)    The group’s net finance charges are managed centrally and are not attributable to individual operating segments.
(iii)    Approximately 38% of annual net sales occurred in the last four months of calendar year 2022.
Schedule of other segmental information
(b) Other segmental information
 North
America
£ million
Europe
£ million
Asia
Pacific
£ million
Latin
America
and
Caribbean
£ million
Africa
£ million
SC&P
£ million
Corporate
and other
£ million
Total
£ million
2023
Purchase of property, plant and equipment and computer software197 209 166 121 126 356 5 1,180 
Depreciation and intangible asset amortisation(95)(98)(61)(18)(80)(134)(10)(496)
Exceptional impairment of tangible assets(52)2 (22)    (72)
Exceptional impairment of intangible assets(29)(25)(444)    (498)
2022
Purchase of property, plant and equipment and computer software230 187 146 128 139 256 11 1,097 
Depreciation and intangible asset amortisation(80)(93)(93)(16)(81)(116)(10)(489)
Exceptional impairment of tangible assets— (3)— — — — — (3)
Exceptional impairment of intangible assets— (96)(240)— — — — (336)
2021
Purchase of property, plant and equipment and computer software153 23 56 20 125 125 124 626 
Depreciation and intangible asset amortisation(76)(31)(60)(16)(79)(126)(59)(447)
Disclosure Of Category And Geographical Analysis Explanatory1
(c) Category and geographical analysis
 Category analysisGeographic analysis
 Spirits
£ million
Beer
£ million
Ready to
drink
£ million
Other
£ million
Total
£ million
United
States
£ million
India
£ million
Great
Britain
£ million
Rest of
World
£ million
Total
£ million
2023
Sales(1)
19,004 3,355 899 257 23,515 6,972 2,751 2,138 11,654 23,515 
Non-current assets(2), (3)
5,816 1,798 2,909 11,204 21,727 
2022
Sales(1)
18,164 3,128 882 274 22,448 6,327 3,219 2,142 10,760 22,448 
Non-current assets(2), (3)
5,899 2,396 2,413 10,861 21,569 
2021
Sales(1)
15,634 2,562 741 216 19,153 5,441 3,011 1,822 8,879 19,153 
Non-current assets(2), (3)
4,320 2,561 2,119 10,063 19,063 
(1)    The geographical analysis of sales is based on the location of third-party customers.
(2)    The geographical analysis of non-current assets is based on the geographical location of the assets and comprises intangible assets, property, plant and equipment, biological assets, investments in associates and joint ventures, other investments and non-current other receivables.
(3)    The management information provided to the chief operating decision-maker does not include an analysis of assets and liabilities by category and therefore is not disclosed.