XML 42 R33.htm IDEA: XBRL DOCUMENT

Finance and investment income, finance costs and revaluation of financial instruments (Tables)

6 Months Ended

Jun. 30, 2020

Text block [abstract]

Summary of Finance and Investment Income, Finance Costs and Revaluation of Financial Instruments

Finance and investment income includes:


Continuing operations		Six months ended 30 June 2020				Six months ended 30 June 2019 1				Year ended 31 December 2019
		£m				£m				£m
Income from equity investments			6.8				9.3				18.3
Interest income			44.4				32.5				80.7
			51.2				41.8				99.0

Finance costs include:


Continuing operations		Six months ended 30 June 2020				Six months ended 30 June 2019 1				Year ended 31 December 2019
		£m				£m				£m
Net interest expense on pension plans			1.4				1.8				3.5
Interest on other long-term employee benefits			1.4				1.8				3.9
Interest payable and similar charges			104.3				127.8				252.0
Interest expense related to lease liabilities			50.2				48.7				99.7
			157.3				180.1				359.1

Revaluation of financial instruments include:


Continuing operations		Six months ended 30 June 2020				Six months ended 30 June 2019 1				Year ended 31 December 2019
		£m				£m				£m
Movements in fair value of treasury instruments			(2.0	)			7.3				0.4
Premium on the early repayment of bonds			—				(32.2	)			(63.4	)
Revaluation of investments held at fair value through profit or loss			1.7				1.6				9.1
Revaluation of put options over non-controlling interests			26.0				(19.5	)			(13.5	)
Revaluation of payments due to vendors (earnout agreements)			4.3				(7.7	)			(1.0	)
			30.0				(50.5	)			(68.4	)

Note

1	Figures for the period ended 30 June 2019 have been re-presented in accordance with IFRS 5: Non-current Assets Held for Sale and Discontinued Operations, as described in note 1 3 .