Going concern and risk management policies (Tables)

6 Months Ended

Jun. 30, 2019

At 30 June 2019, the Group has access to £7.8 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 $220m (5.625% ’43)		173.2										173.2
US bond $93m (5.125% ’42)		73.1										73.1
Eurobonds €600m (1.625% ’30)		536.9										536.9
Eurobonds €750m (2.25% ’26)		671.1										671.1
Eurobonds €500m (1.375% ’25)		447.4										447.4
US bond $750m (3.75% ’24)		590.8										590.8
Bank revolver ($2,500m ‘24)		1,969.3										1,969.3
Eurobonds €750m (3.0% ’23)		671.1										671.1
US bond $500m (3.625% ’22)		393.9								393.9
Eurobonds €250m (3m EURIBOR + 0.45% ’22)		223.7								223.7
US bond $812m (4.75% ’21)		639.9						639.9
Bank revolver (A$150m ’20, A$370m ‘21)		287.2				82.8		204.4
Eurobonds €250m (3m EURIBOR + 0.32% ’20)		223.7				223.7
Eurobonds €600m (0.75% ’19)		536.9		536.9
Total committed facilities available		7,838.2		536.9		306.5		844.3		617.6		5,532.9
Drawn down facilities at 30 June 2019		6,152.4		536.9		253.0		823.2		617.6		3,921.7
Undrawn committed credit facilities		1,685.8