XML 111 R15.htm IDEA: XBRL DOCUMENT v3.25.1
Finance and investment income, finance costs and revaluation and retranslation of financial instruments
 12 Months Ended
Dec. 31, 2024
Analysis of income and expense [abstract]  
Finance and investment income, finance costs and revaluation and retranslation of financial instruments
6. Finance and investment income, finance costs and revaluation and retranslation of financial instruments
Finance and investment income arise from:
202420232022
£m£m£m
Financial assets measured at amortised cost123 111 118 
Financial assets measured at fair value through profit and loss11 13 24 
Other interest income3 3 3 
137 127 145 
Finance costs arise from:
202420232022
£m£m£m
Interest on bank overdrafts, bonds and bank loans
309 273 258 
Interest expense related to lease liabilities98 106 96 
Interest on other long-term employee benefits6 6 3 
Net interest expense on pension plans4 4 2 
417 389 359 
Revaluation and retranslation of financial instruments include:
20242023
2022
£m£m£m
Movements in fair value of derivative financial instruments
(17)(3)1 
Premium on the early repayment of bonds(16)— — 
Revaluation of investments and other assets held at fair value through profit or loss
(24)(21)23 
Remeasurement of put options over non-controlling interests
(10)(1)28 
Revaluation of contingent consideration liabilities1 51 26 
Retranslation of financial instruments16 (19)(2)
Net revaluation and retranslation of financial instrument (loss)/gain
(50)7 76