XML 213 R176.htm IDEA: XBRL DOCUMENT v3.19.1
Condensed consolidating financial information for bonds issued by WPP Finance 2010 with WPP plc as parent guarantor and WPP Air 1, WPP 2008 Limited, WPP 2005 Limited, WPP 2012 Limited, and WPP Jubilee Limited as subsidiary guarantors - Condensed Consolidating Balance Sheet Information (Detail) - GBP (£)
£ in Millions
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Non-current assets        
Goodwill £ 13,202.8 £ 12,952.9 [1] £ 13,214.3  
Other 1,842.0 2,018.4 [1] 2,217.3  
Property, plant and equipment 1,083.0 979.5 [1] 968.7  
Interests in associates and joint ventures 796.8 1,065.2 [1] 1,069.4  
Other investments 666.7 1,153.5 [1] 1,310.3  
Deferred tax assets 153.0 160.3 [1]    
Trade and other receivables 180.0 176.2 [1]    
Non-current assets 17,924.3 18,506.0 [1]    
Current assets        
Corporate income tax recoverable 198.7 234.7 [1]    
Trade and other receivables 13,101.5 12,530.7 [1]    
Cash and short-term deposits 2,643.2 2,391.4 [1]    
Current assets 15,943.4 15,156.8 [1]    
Current liabilities        
Trade and other payables (15,038.4) (14,241.1) [1]    
Corporate income tax payable (545.9) (649.3) [1]    
Bank overdrafts, bonds and bank loans (1,025.1) (624.1) [1]    
Current liabilities (16,609.4) (15,514.5) [1]    
Net current (liabilities)/assets (666.0) (357.7) [1]    
Total assets less current liabilities 17,258.3 18,148.3 [1]    
Non-current liabilities        
Bonds and bank loans (5,634.8) (6,250.4) [1]    
Trade and other payables (841.4) (992.8) [1]    
Deferred tax liabilities (479.5) (513.7) [1]    
Provision for post-employment benefits (184.3) (206.3) [1]    
Provisions for liabilities and charges (311.7) (229.0) [1]    
Non-current liabilities (7,451.7) (8,192.2) [1]    
Net assets 9,806.6 9,956.1 [1]    
Attributable to:        
Equity shareholders' funds 9,382.2 9,487.3 [1]    
Non-controlling interests 424.4 468.8 [1]    
Total equity 9,806.6 9,956.1 [1] £ 9,761.7 £ 8,009.9
Condensed Consolidating Financial Information for Bonds Issued by WPP Finance 2010 with WPP plc as Parent Guarantor and WPP Air 1, WPP 2008 Limited, WPP 2005 Limited, WPP 2012 Limited, and WPP Jubilee Limited as Subsidiary Guarantors [member]        
Non-current assets        
Goodwill 13,202.8 12,952.9    
Other 1,842.0 2,018.4    
Property, plant and equipment 1,083.0 979.5    
Interests in associates and joint ventures 796.8 1,065.2    
Other investments 666.7 1,153.5    
Deferred tax assets 153.0 160.3    
Trade and other receivables 180.0 176.2    
Non-current assets 17,924.3 18,506.0    
Current assets        
Corporate income tax recoverable 198.7 234.7    
Trade and other receivables 13,101.5 12,530.7    
Cash and short-term deposits 2,643.2 2,391.4    
Current assets 15,943.4 15,156.8    
Current liabilities        
Trade and other payables (15,038.4) (14,241.1)    
Corporate income tax payable (545.9) (649.3)    
Bank overdrafts, bonds and bank loans (1,025.1) (624.1)    
Current liabilities (16,609.4) (15,514.5)    
Net current (liabilities)/assets (666.0) (357.7)    
Total assets less current liabilities 17,258.3 18,148.3    
Non-current liabilities        
Bonds and bank loans (5,634.8) (6,250.4)    
Trade and other payables (841.4) (992.8)    
Deferred tax liabilities (479.5) (513.7)    
Provision for post-employment benefits (184.3) (206.3)    
Provisions for liabilities and charges (311.7) (229.0)    
Non-current liabilities (7,451.7) (8,192.2)    
Net assets 9,806.6 9,956.1    
Attributable to:        
Equity shareholders' funds 9,382.2 9,487.3    
Non-controlling interests 424.4 468.8    
Total equity 9,806.6 9,956.1    
WPP plc [member] | Condensed Consolidating Financial Information for Bonds Issued by WPP Finance 2010 with WPP plc as Parent Guarantor and WPP Air 1, WPP 2008 Limited, WPP 2005 Limited, WPP 2012 Limited, and WPP Jubilee Limited as Subsidiary Guarantors [member]        
Non-current assets        
Investment in subsidiaries 15,463.9 14,638.1    
Non-current assets 15,463.9 14,638.1    
Current assets        
Trade and other receivables 0.6 0.3    
Intercompany receivables 1,675.6 1,661.4    
Current assets 1,676.2 1,661.7    
Current liabilities        
Trade and other payables (3.7) (16.9)    
Intercompany payables (5,190.3) (2,808.3)    
Bank overdrafts, bonds and bank loans (1,174.1) (2,627.7)    
Current liabilities (6,368.1) (5,452.9)    
Net current (liabilities)/assets (4,691.9) (3,791.2)    
Total assets less current liabilities 10,772.0 10,846.9    
Non-current liabilities        
Intercompany payables (1,389.8) (1,359.6)    
Non-current liabilities (1,389.8) (1,359.6)    
Net assets 9,382.2 9,487.3    
Attributable to:        
Equity shareholders' funds 9,382.2 9,487.3    
Total equity 9,382.2 9,487.3    
Subsidiary Guarantors [member] | Condensed Consolidating Financial Information for Bonds Issued by WPP Finance 2010 with WPP plc as Parent Guarantor and WPP Air 1, WPP 2008 Limited, WPP 2005 Limited, WPP 2012 Limited, and WPP Jubilee Limited as Subsidiary Guarantors [member]        
Non-current assets        
Property, plant and equipment 26.1 16.5    
Investment in subsidiaries 29,497.8 27,915.3    
Intercompany receivables 205.4 203.3    
Non-current assets 29,729.3 28,135.1    
Current assets        
Trade and other receivables 497.9 457.3    
Intercompany receivables 1,720.6 1,713.8    
Cash and short-term deposits 21.1 235.0    
Current assets 2,239.6 2,406.1    
Current liabilities        
Trade and other payables (57.5) (113.9)    
Intercompany payables (6,250.5) (5,780.2)    
Bank overdrafts, bonds and bank loans (1,991.2) (1,871.8)    
Current liabilities (8,299.2) (7,765.9)    
Net current (liabilities)/assets (6,059.6) (5,359.8)    
Total assets less current liabilities 23,669.7 22,775.3    
Non-current liabilities        
Intercompany payables (8,205.8) (8,137.2)    
Non-current liabilities (8,205.8) (8,137.2)    
Net assets 15,463.9 14,638.1    
Attributable to:        
Equity shareholders' funds 15,463.9 14,638.1    
Total equity 15,463.9 14,638.1    
WPP Finance 2010 [member] | Condensed Consolidating Financial Information for Bonds Issued by WPP Finance 2010 with WPP plc as Parent Guarantor and WPP Air 1, WPP 2008 Limited, WPP 2005 Limited, WPP 2012 Limited, and WPP Jubilee Limited as Subsidiary Guarantors [member]        
Non-current assets        
Trade and other receivables   1.6    
Intercompany receivables 2,182.9 2,078.3    
Non-current assets 2,182.9 2,079.9    
Current assets        
Trade and other receivables 0.1 0.1    
Intercompany receivables 55.2 65.7    
Cash and short-term deposits 41.4      
Current assets 96.7 65.8    
Current liabilities        
Trade and other payables (21.6) (19.6)    
Intercompany payables (0.9)      
Bank overdrafts, bonds and bank loans (89.4) (27.4)    
Current liabilities (111.9) (47.0)    
Net current (liabilities)/assets (15.2) 18.8    
Total assets less current liabilities 2,167.7 2,098.7    
Non-current liabilities        
Bonds and bank loans (2,151.8) (2,087.1)    
Trade and other payables (5.5)      
Non-current liabilities (2,157.3) (2,087.1)    
Net assets 10.4 11.6    
Attributable to:        
Equity shareholders' funds 10.4 11.6    
Total equity 10.4 11.6    
Other Subsidiaries [member] | Condensed Consolidating Financial Information for Bonds Issued by WPP Finance 2010 with WPP plc as Parent Guarantor and WPP Air 1, WPP 2008 Limited, WPP 2005 Limited, WPP 2012 Limited, and WPP Jubilee Limited as Subsidiary Guarantors [member]        
Non-current assets        
Goodwill 13,202.8 12,952.9    
Other 1,842.0 2,018.4    
Property, plant and equipment 1,056.9 963.0    
Interests in associates and joint ventures 796.8 1,065.2    
Other investments 666.7 1,153.5    
Deferred tax assets 153.0 160.3    
Trade and other receivables 180.0 174.6    
Intercompany receivables 7,657.7 7,649.3    
Non-current assets 25,555.9 26,137.2    
Current assets        
Corporate income tax recoverable 198.7 234.7    
Trade and other receivables 12,602.9 12,073.0    
Intercompany receivables 8,129.9 5,268.8    
Cash and short-term deposits 5,835.4 6,683.5    
Current assets 26,766.9 24,260.0    
Current liabilities        
Trade and other payables (14,955.6) (14,090.7)    
Intercompany payables (139.6) (121.2)    
Corporate income tax payable (545.9) (649.3)    
Bank overdrafts, bonds and bank loans (1,025.1) (624.3)    
Current liabilities (16,666.2) (15,485.5)    
Net current (liabilities)/assets 10,100.7 8,774.5    
Total assets less current liabilities 35,656.6 34,911.7    
Non-current liabilities        
Bonds and bank loans (3,483.0) (4,163.3)    
Trade and other payables (835.9) (992.8)    
Intercompany payables (450.4) (434.1)    
Deferred tax liabilities (479.5) (513.7)    
Provision for post-employment benefits (184.3) (206.3)    
Provisions for liabilities and charges (311.7) (229.0)    
Non-current liabilities (5,744.8) (6,539.2)    
Net assets 29,911.8 28,372.5    
Attributable to:        
Equity shareholders' funds 29,487.4 27,903.7    
Non-controlling interests 424.4 468.8    
Total equity 29,911.8 28,372.5    
Reclassifications/Eliminations [member] | Condensed Consolidating Financial Information for Bonds Issued by WPP Finance 2010 with WPP plc as Parent Guarantor and WPP Air 1, WPP 2008 Limited, WPP 2005 Limited, WPP 2012 Limited, and WPP Jubilee Limited as Subsidiary Guarantors [member]        
Non-current assets        
Investment in subsidiaries (44,961.7) (42,553.4)    
Intercompany receivables (10,046.0) (9,930.9)    
Non-current assets (55,007.7) (52,484.3)    
Current assets        
Intercompany receivables (11,581.3) (8,709.7)    
Cash and short-term deposits (3,254.7) (4,527.1)    
Current assets (14,836.0) (13,236.8)    
Current liabilities        
Intercompany payables 11,581.3 8,709.7    
Bank overdrafts, bonds and bank loans 3,254.7 4,527.1    
Current liabilities 14,836.0 13,236.8    
Total assets less current liabilities (55,007.7) (52,484.3)    
Non-current liabilities        
Intercompany payables 10,046.0 9,930.9    
Non-current liabilities 10,046.0 9,930.9    
Net assets (44,961.7) (42,553.4)    
Attributable to:        
Equity shareholders' funds (44,961.7) (42,553.4)    
Total equity £ (44,961.7) £ (42,553.4)    
[1] Prior year figures have been restated for the impact of the adoption of IFRS 15 Revenue from Contracts with Customers, as described in the accounting policies.