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Consolidated statement of comprehensive income - GBP (£)
£ in Millions
12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2021
Net remeasurement of post employment benefit plans      
Group £ (643) £ 616 £ 16
Associates and joint ventures 13 5 3
Non-controlling interests 0 (1) 0
Tax on post employment benefit plans 161 (123) (46)
Changes in the fair value of equity investments at fair value through other comprehensive income (4) (12) 0
Items that will not be recycled subsequently to the income statement (473) 485 (27)
Exchange differences on translation of foreign operations      
Group (876) 1,128 (1,233)
Associates and joint ventures (59) 60 (240)
Non-controlling interests (148) 171 (173)
Net investment hedges 416 (623) 810
Exchange (gain)/loss recycled to the income statement      
Exchange Gain Loss Recycled To The Income Statement On Translation Of Foreign Operations In Respect Of Step Acquisitions (18) 63 0
Exchange Gain Loss Recycled To The Income Statement On Translation Of Foreign Operations In Respect Of Step Acquisitions (1) 0 0
Tax on exchange differences – group (2) (6) (9)
Tax on exchange differences – non-controlling interests 0 0 (1)
Effective portion of changes in fair value of cash flow hedges      
Hedge of foreign currency debt of the group 6 233 (298)
Transaction exposure hedging of the group 273 (172) 101
Hedges by associates and joint ventures 24 (15) (1)
Commodity price risk hedging of the group (56) 78 41
Recycled to income statement – hedge of foreign currency debt of the group 54 (239) 175
Recycled to income statement – transaction exposure hedging of the group (13) 42 10
Recycled to income statement – commodity price risk hedging of the group (33) (46) (2)
Tax on effective portion of changes in fair value of cash flow hedges (39) 32 (6)
Hyperinflation adjustments 182 365 (17)
Tax on hyperinflation adjustments (39) (74) 5
Items that may be recycled subsequently to the income statement (329) 997 (838)
Other comprehensive (loss)/income, net of tax, for the year (802) 1,482 (865)
Profit for the year 3,766 3,338 2,799
Total comprehensive income for the year 2,964 4,820 1,934
Attributable to:      
Equity shareholders of the parent company 3,080 4,561 1,969
Non-controlling interests £ (116) £ 259 £ (35)