XML 89 R29.htm IDEA: XBRL DOCUMENT v3.19.2
Reconciliation of operating profit to headline operating profit
 6 Months Ended
Jun. 30, 2019
Text block [abstract]  
Reconciliation of operating profit to headline operating profit
22.

Reconciliation of operating profit1 to headline operating profit

 

     

Six months
ended

30 June

2019

    

Six months

ended

30 June

2018

    

Year ended

31 December

2018

  
      £m     £m     £m  

Operating profit

      673.0       841.9       1,431.4  

Amortisation and impairment of acquired intangible assets

      66.9       84.0       280.0  

Goodwill impairment

      —         —         183.9  

Gains on disposal of investments and subsidiaries

      (40.6 )      (189.9 )      (235.5 ) 

Gains on remeasurement of equity interests arising from a change in scope of ownership

      (0.4 )      (0.1 )      (2.0 ) 

Investment write-downs

      —         1.5       2.0  

Litigation settlement

      (16.8 )      —         —    

Gain on sale of freehold property in New York

      (7.9 )      —         —    

Restructuring and transformation costs

      55.4       45.5       302.3  

Headline operating profit

      729.6       782.9       1,962.1  

Note:

1 

A reconciliation of operating profit to profit before taxation is provided in the unaudited condensed consolidated interim income statement.