XML 33 R24.htm IDEA: XBRL DOCUMENT
v3.20.2

Trade and other payables: amounts falling due after more than one year | 6 Months Ended
--- | ---
Jun. 30, 2020
More than one year |
Statement [LineItems] |
Trade and other payables: amounts falling due after more than one year |
1 8 . | Trade and other payables: amounts falling due after more than one year
|  | 30 June 2020 |  |  | 30 June 2019 |  |  | 31 December 2019 |
|  | £m |  |  | £m |  |  | £m |
Payments due to vendors (earnout agreements) |  |  | 101.2 |  |  |  | 203.9 |  |  |  | 111.4 |
Liabilities in respect of put option agreements with vendors |  |  | 120.5 |  |  |  | 223.0 |  |  |  | 151.4 |
Fair value of derivatives |  |  | 0.6 |  |  |  | — |  |  |  | 21.2 |
Other creditors and accruals |  |  | 164.0 |  |  |  | 140.8 |  |  |  | 199.3 |
|  |  | 386.3 |  |  |  | 567.7 |  |  |  | 483.3 |
The Group considers that the carrying amount of trade and other payables approximates their fair value. The following table sets out payments due to vendors, comprising contingent consideration and the Directors’ best estimates of future earnout-related obligations:
|  | 30 June 2020 |  |  | 30 June 2019 |  |  | 31 December 2019 |
|  | £m |  |  | £m |  |  | £m |
Within one year |  |  | 65.4 |  |  |  | 167.6 |  |  |  | 142.4 |
Between 1 and 2 years |  |  | 26.1 |  |  |  | 90.0 |  |  |  | 36.9 |
Between 2 and 3 years |  |  | 15.5 |  |  |  | 44.1 |  |  |  | 37.5 |
Between 3 and 4 years |  |  | 28.1 |  |  |  | 36.9 |  |  |  | 14.8 |
Between 4 and 5 years |  |  | 27.8 |  |  |  | 22.4 |  |  |  | 9.7 |
Over 5 years |  |  | 3.7 |  |  |  | 10.5 |  |  |  | 12.5 |
|  |  | 166.6 |  |  |  | 371.5 |  |  |  | 253.8 |
The Group’s approach to payments due to vendors is outlined in note 2 2 . The following table sets out the movements of deferred and earnout related obligations during the period:
|  | Six months ended 30 June 2020 |  |  | Six months ended 30 June 2019 |  |  | Year ended 31 December 2019 |
|  | £m |  |  | £m |  |  | £m |
At the beginning of the period |  |  | 253.8 |  |  |  | 414.7 |  |  |  | 414.7 |
Earnouts paid |  |  | (88.5 | ) |  |  | (57.9 | ) |  |  | (130.0 | )
New acquisitions |  |  | 2.9 |  |  |  | 3.9 |  |  |  | 9.6 |
Revision of estimates taken to goodwill |  |  | (3.0 | ) |  |  | 1.1 |  |  |  | (14.3 | )
Revaluation of payments due to vendors (note 6) |  |  | (4.3 | ) |  |  | 8.4 |  |  |  | 1.1 |
Transfer to disposal group classified as held for sale |  |  | — |  |  |  | — |  |  |  | (11.5 | )
Exchange adjustments |  |  | 5.7 |  |  |  | 1.3 |  |  |  | (15.8 | )
At the end of the period |  |  | 166.6 |  |  |  | 371.5 |  |  |  | 253.8 |
The Group does not consider there to be any material contingent liabilities at 30 June 20 20 .

X
- Definition The disclosure of trade and other payables. [Refer: Trade and other payables] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2019-01-01 -Paragraph 10 -Subparagraph e -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2019-en-r&anchor=para_10_e&doctype=Standard -URIDate 2019-03-27 + Details
Name: | ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Statement + References No definition available. + Details
Name: | wpp_StatementLineItems
Namespace Prefix: | wpp_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |