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Deferred income tax (Tables)
12 Months Ended
Dec. 31, 2018
Deferred income tax  
Schedule of movement in deferred tax assets and liabilities

 

 

 

 

 

 

 

 

 

    

Assets

    

Liabilities

    

Total

 

 

$'m

 

$'m

 

$'m

At January 1, 2017

 

469

 

(928)

 

(459)

(Charged)/credited to the income statement (Note 6)

 

(67)

 

207

 

140

(Charged)/credited to other comprehensive income

 

(6)

 

 1

 

(5)

Reclassification

 

 4

 

(4)

 

 —

Exchange

 

28

 

(66)

 

(38)

At December 31, 2017

 

428

 

(790)

 

(362)

Credited to the income statement (Note 6)

 

36

 

29

 

65

Credited/(charged) to other comprehensive income

 

 7

 

(3)

 

 4

Reclassification

 

(36)

 

36

 

 —

Exchange

 

(3)

 

 7

 

 4

At December 31, 2018

 

432

 

(721)

 

(289)

 

Schedule of components of deferred income tax assets and liabilities

 

 

 

 

 

 

 

 

At December 31,

 

    

2018

    

2017

 

 

$'m

 

$'m

Tax losses

 

49

 

34

Employee benefit obligations

 

179

 

187

Depreciation timing differences

 

83

 

90

Provisions

 

69

 

70

Other

 

52

 

47

 

 

432

 

428

Available for offset

 

(178)

 

(207)

Deferred tax assets

 

254

 

221

Intangible assets

 

(344)

 

(395)

Accelerated depreciation and other fair value adjustments

 

(343)

 

(369)

Other

 

(34)

 

(26)

 

 

(721)

 

(790)

Available for offset

 

178

 

207

Deferred tax liabilities

 

(543)

 

(583)

 

Schedule of tax credit/(charge) recognized in the consolidated income statement

 

 

 

 

 

 

 

 

 

 

Year ended December 31,

 

 

2018

 

2017

 

2016

 

    

$'m

    

$'m

    

$'m

Tax losses

 

18

 

(2)

 

(3)

Employee benefit obligations

 

 3

 

(21)

 

(13)

Depreciation timing differences

 

 4

 

(6)

 

(13)

Provisions

 

(1)

 

(26)

 

 —

Other deferred tax assets

 

12

 

(12)

 

(17)

Intangible assets

 

52

 

155

 

42

Accelerated depreciation and other fair value adjustments

 

(20)

 

29

 

(4)

Other deferred tax liabilities

 

(3)

 

23

 

(9)

 

 

65

 

140

 

(17)