Going concern and risk management policies (Tables)

6 Months Ended

Jun. 30, 2018

At 30 June 2018, the Group has access to £8.2 billion of committed facilities with maturity dates spread over the years 2019 to 2046 as illustrated below:


	Maturity by year
			2019		2020		2021		2022		2023+
	£m		£m		£m		£m		£m		£m
£ bonds £400m (2.875% ’46)		400.0										400.0
US bond $500m (5.625% ’43)		379.0										379.0
US bond $272m (5.125% ’42)		205.8										205.8
Eurobonds €600m (1.625% ’30)		531.0										531.0
Eurobonds €750m (2.25% ’26)		663.8										663.8
Eurobonds €500m (1.375% ’25)		442.5										442.5
US bond $750m (3.75% ’24)		568.4										568.4
Eurobonds €750m (3.0% ’23)		663.8										663.8
US bond $500m (3.625% ’22)		379.0								379.0
Eurobonds €250m (3m EURIBOR + 0.45% ’22)		221.3								221.3
US bond $812m (4.75% ’21)		615.7						615.7
Bank revolver ($2,500m)		1,894.8						1,894.8
Bank revolver (A$520m)		291.4						291.4
£ bonds £200m (6.375% ’20)		200.0				200.0
Eurobonds €250m (3m EURIBOR + 0.32% ’20)		221.3				221.3
Eurobonds €600m (0.75% ’19)		531.0		531.0
Total committed facilities available		8,208.8		531.0		421.3		2,801.9		600.3		3,854.3
Drawn down facilities at 30 June 2018		6,627.1		531.0		421.3		1,220.2		600.3		3,854.3
Undrawn committed credit facilities		1,581.7