XML 559 R146.htm IDEA: XBRL DOCUMENT v3.25.0.1
Deferred tax - Summary of Reconciliation of Net Deferred Tax Assets/(Liabilities) (Details) - GBP (£)
£ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Disclosure of Temporary Difference Unused Tax Losses and Unused Tax Credits      
Beginning balance at 1 January £ (11,281) £ (17,746)  
Differences on exchange (232) 762  
(Charged)/credited to the 
income statement 2,176 5,577  
Credited/(charged) relating 
to changes in tax rates 249 106 £ 66
Credited/(charged) to other 
comprehensive income (18) 12 (106)
Net reclassifications as held-for-sale   8  
Ending balance at 31 December (9,106) (11,281) (17,746)
Stock relief      
Disclosure of Temporary Difference Unused Tax Losses and Unused Tax Credits      
Beginning balance at 1 January 32 30  
Differences on exchange (5) 2  
(Charged)/credited to the 
income statement (24) (1)  
Credited/(charged) relating 
to changes in tax rates 4 0  
Credited/(charged) to other 
comprehensive income 0 0  
Net reclassifications as held-for-sale   1  
Ending balance at 31 December 7 32 30
Excess of capital allowances over depreciation      
Disclosure of Temporary Difference Unused Tax Losses and Unused Tax Credits      
Beginning balance at 1 January (21) (115)  
Differences on exchange 3 26  
(Charged)/credited to the 
income statement 42 72  
Credited/(charged) relating 
to changes in tax rates 2 0  
Credited/(charged) to other 
comprehensive income 0 0  
Net reclassifications as held-for-sale   (4)  
Ending balance at 31 December 26 (21) (115)
Tax losses      
Disclosure of Temporary Difference Unused Tax Losses and Unused Tax Credits      
Beginning balance at 1 January 373 210  
Differences on exchange (1) 1  
(Charged)/credited to the 
income statement 6 153  
Credited/(charged) relating 
to changes in tax rates 0 9  
Credited/(charged) to other 
comprehensive income 0 0  
Net reclassifications as held-for-sale   0  
Ending balance at 31 December 378 373 210
Undistributed earnings of associates and subsidiaries      
Disclosure of Temporary Difference Unused Tax Losses and Unused Tax Credits      
Beginning balance at 1 January (221) (229)  
Differences on exchange 3 12  
(Charged)/credited to the 
income statement 21 (4)  
Credited/(charged) relating 
to changes in tax rates 0 0  
Credited/(charged) to other 
comprehensive income 0 0  
Net reclassifications as held-for-sale   0  
Ending balance at 31 December (197) (221) (229)
Retirement benefits      
Disclosure of Temporary Difference Unused Tax Losses and Unused Tax Credits      
Beginning balance at 1 January 39 38  
Differences on exchange (1) 1  
(Charged)/credited to the 
income statement (21) (35)  
Credited/(charged) relating 
to changes in tax rates 0 0  
Credited/(charged) to other 
comprehensive income 5 35  
Net reclassifications as held-for-sale   0  
Ending balance at 31 December 22 39 38
Trademarks      
Disclosure of Temporary Difference Unused Tax Losses and Unused Tax Credits      
Beginning balance at 1 January (12,486) (18,773)  
Differences on exchange (227) 798  
(Charged)/credited to the 
income statement 517 5,384  
Credited/(charged) relating 
to changes in tax rates 268 105  
Credited/(charged) to other 
comprehensive income 0 0  
Net reclassifications as held-for-sale   0  
Ending balance at 31 December (11,928) (12,486) (18,773)
Other temporary differences      
Disclosure of Temporary Difference Unused Tax Losses and Unused Tax Credits      
Beginning balance at 1 January 1,003 1,093  
Differences on exchange (4) (78)  
(Charged)/credited to the 
income statement 1,635 8  
Credited/(charged) relating 
to changes in tax rates (25) (8)  
Credited/(charged) to other 
comprehensive income (23) (23)  
Net reclassifications as held-for-sale   11  
Ending balance at 31 December £ 2,586 £ 1,003 £ 1,093