XML 47 R39.htm IDEA: XBRL DOCUMENT v3.22.2
Financial instruments (Tables)
6 Months Ended
Jun. 30, 2022
Disclosure of detailed information about financial instruments [abstract]  
Disclosure of Fair Value Measurement of Assets
The following table provides an analysis of financial instruments that are measured subsequent to initial recognition at fair value, grouped into levels 1 to 3 based on the degree to which the fair value is observable, or based on observable inputs:
Level 1Level 2Level 3
£m£m£m
30 June 2022
Derivatives in designated hedge relationships
Derivative liabilities— (64.2)— 
Held at fair value through profit or loss
Other investments0.4 — 241.1 
Derivative assets— 2.2 — 
Derivative liabilities— (3.9)— 
Payments due to vendors (earnout agreements)— — (173.1)
Liabilities in respect of put options— — (397.8)
Held at fair value through other comprehensive income
Other investments19.2 112.2 
Disclosure of Fair Value Measurement of Liabilities
The following table provides an analysis of financial instruments that are measured subsequent to initial recognition at fair value, grouped into levels 1 to 3 based on the degree to which the fair value is observable, or based on observable inputs:
Level 1Level 2Level 3
£m£m£m
30 June 2022
Derivatives in designated hedge relationships
Derivative liabilities— (64.2)— 
Held at fair value through profit or loss
Other investments0.4 — 241.1 
Derivative assets— 2.2 — 
Derivative liabilities— (3.9)— 
Payments due to vendors (earnout agreements)— — (173.1)
Liabilities in respect of put options— — (397.8)
Held at fair value through other comprehensive income
Other investments19.2 112.2 
Reconciliation of level 3 fair value measurements:
Payments
due to
vendors
(earnout
agreements)
Liabilities
in respect
of put
options
Other
investments
£m£m£m
1 January 2022(196.7)(391.5)290.0 
(Losses)/gains recognised in the income statement(1.1)19.6 9.0 
Gains recognised in other comprehensive income— — 3.6 
Additions(22.6)— 66.7 
Disposals— — (16.0)
Cancellations— 5.0 — 
Settlements63.3 5.8 — 
Exchange adjustments(16.0)(36.7)— 
30 June 2022(173.1)(397.8)353.3