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Acquisition and sale of businesses and purchase of non-controlling interests (Tables)
12 Months Ended
Jun. 30, 2019
Business Combinations1 [Abstract]  
Schedule of fair value of net assets acquired and cash consideration paid in business combination
Fair value of net assets acquired and cash consideration paid in respect of the acquisition of businesses and the purchase of shares of non-controlling interests in the three years ended 30 June 2019 were as follows:
 
 
Net assets acquired and consideration
 
 
 
2019
£ million

 
2018
£ million

 
2017
£ million

Brands and other intangibles
 
25

 
478

 

Inventories
 

 
4

 

Other working capital
 
(2
)
 
2

 

Deferred tax
 
(5
)
 

 

Cash
 

 
6

 

Fair value of assets and liabilities
 
18

 
490

 

Goodwill arising on acquisition
 
10

 
249

 

Step acquisitions
 
(7
)
 

 

Consideration payable
 
21

 
739

 

Satisfied by:
 
 
 
 
 
 
Cash consideration paid
 
6

 
555

 

Contingent consideration payable
 
15

 
184

 

 
 
21

 
739

 

Cash consideration paid for Casamigos
 
9

 
549

 

Cash consideration paid for other subsidiaries
 
6

 
6

 

Cash consideration paid for investments in associates
 
15

 
12

 
6

Cash consideration paid in respect of prior year acquisitions
 
9

 
22

 
23

Capital injection in associates
 
17

 
11

 
2

Cash acquired
 

 
(6
)
 

Net cash outflow on acquisition of businesses
 
56

 
594

 
31

Purchase of shares of non-controlling interests
 
784

 

 

Total net cash outflow
 
840

 
594

 
31

Schedule of cash consideration received and net assets disposed of in sale of Businesses and brands
Cash consideration received and net assets disposed of in respect of sale of businesses in the year ended 30 June 2019:
 
 
Portfolio of 19 brands

 
USL wine business

 
Total

 
 
£ million

 
£ million

 
£ million

Sale consideration
 

 

 

Cash received in year
 
435

 
3

 
438

Transaction and other directly attributable costs paid
 
(12
)
 

 
(12
)
Net cash received
 
423

 
3

 
426

Transaction costs payable
 
(4
)
 

 
(4
)

 
419

 
3

 
422

Net assets disposed of
 

 

 

Brands
 
(230
)
 

 
(230
)
Goodwill
 
(12
)
 

 
(12
)
Property, plant and equipment
 
(2
)
 
(4
)
 
(6
)
Investment in associates
 
(3
)
 

 
(3
)
Inventories
 
(17
)
 
(1
)
 
(18
)

 
(264
)
 
(5
)
 
(269
)
Gain/(loss) on disposal before taxation
 
155

 
(2
)
 
153

Taxation
 
(33
)
 

 
(33
)
Gain/(loss) on disposal after taxation
 
122

 
(2
)
 
120