XML 48 R40.htm IDEA: XBRL DOCUMENT v3.23.2
Reconciliation of profit before taxation to headline operating profit (Tables)
6 Months Ended
Jun. 30, 2023
Reconciliation of operating profit to headline operating profit [Abstract]  
Reconciliation of operating (loss)/profit to headline operating profit
Six Months Ended 30 June 2023
Six Months Ended 30 June 2022
£m£m
Profit before taxation204.3 418.6 
Finance and investment income102.4 55.5 
Finance costs(230.7)(144.9)
Revaluation and retranslation of financial instruments25.5 33.1 
Profit before interest and taxation307.1 474.9 
(Earnings)/loss from associates - after interest and tax(1.0)63.8 
Operating profit306.1 538.7 
Goodwill impairment52.9 — 
Amortisation and impairment of acquired intangible assets36.6 31.5 
Investment and other impairment charges11.0 — 
Restructuring and transformation costs86.8 81.2 
Property related costs180.0 — 
Losses on disposal of investments and subsidiaries2.9 48.1 
Gains on remeasurement of equity interests arising from a change in scope of ownership— (60.4)
Litigation settlement(10.0)— 
Headline operating profit666.3 639.1