Supplemental Guarantor Information (Tables)

12 Months Ended

Dec. 31, 2019

Text block [abstract]

Schedule of Supplemental Condensed Consolidated Balance Sheet

Supplemental Condensed Consolidated Balance Sheet as at 31 December 2019

	Guarantor €m		Issuer €m		Non-Guarantor subsidiaries €m		Eliminate and reclassify €m		CRH and subsidiaries €m
ASSETS
Non-current assets
Property, plant and equipment		-		-		17,424		-		17,424
Intangible assets		-		-		8,434		-		8,434
Subsidiaries		15,621		709		1,682		(18,012)		-
Investments accounted for using the equity method		-		-		690		-		690
Advances to subsidiaries and parent undertakings		-		3,549		-		(3,549)		-
Other financial assets		-		-		12		-		12
Other receivables		-		-		317		-		317
Derivative financial instruments		-		20		56		-		76
Deferred income tax assets		-		-		67		-		67
Total non-current assets		15,621		4,278		28,682		(21,561)		27,020
Current assets
Inventories		-		-		2,742		-		2,742
Trade and other receivables		-		-		3,767		-		3,767
Advances to subsidiaries and parent undertakings		967		-		106		(1,073)		-
Current income tax recoverable		-		-		20		-		20
Derivative financial instruments		-		-		6		-		6
Cash and cash equivalents		458		-		3,297		-		3,755
Total current assets		1,425		-		9,938		(1,073)		10,290
Total assets		17,046		4,278		38,620		(22,634)		37,310
EQUITY
Capital and reserves attributable to the Company’s equity holders		16,940		2,087		15,925		(18,012)		16,940
Non-controlling interests		-		-		540		-		540
Total equity		16,940		2,087		16,465		(18,012)		17,480
LIABILITIES
Non-current liabilities
Lease liabilities		-		-		1,240		-		1,240
Interest-bearing loans and borrowings		-		2,171		6,028		-		8,199
Derivative financial instruments		-		-		1		-		1
Deferred income tax liabilities		-		-		2,338		-		2,338
Other payables		-		-		485		-		485
Advances from subsidiary and parent undertakings		-		-		3,549		(3,549)		-
Retirement benefit obligations		-		-		427		-		427
Provisions for liabilities		-		-		760		-		760
Total non-current liabilities		-		2,171		14,828		(3,549)		13,450
Current liabilities
Lease liabilities		-		-		271		-		271
Trade and other payables		-		20		4,356		-		4,376
Advances from subsidiary and parent undertakings		106		-		967		(1,073)		-
Current income tax liabilities		-		-		503		-		503
Interest-bearing loans and borrowings		-		-		815		-		815
Derivative financial instruments		-		-		16		-		16
Provisions for liabilities		-		-		399		-		399
Total current liabilities		106		20		7,327		(1,073)		6,380
Total liabilities		106		2,191		22,155		(4,622)		19,830
Total equity and liabilities		17,046		4,278		38,620		(22,634)		37,310

Supplemental Condensed Consolidated Balance Sheet as at 31 December 2018

	Guarantor €m		Issuer €m		Non-Guarantor subsidiaries €m		Eliminate and reclassify €m		CRH and subsidiaries €m
ASSETS
Non-current assets
Property, plant and equipment		-		-		15,761		-		15,761
Intangible assets		-		-		8,433		-		8,433
Subsidiaries		14,892		572		1,682		(17,146)		-
Investments accounted for using the equity method		-		-		1,163		-		1,163
Advances to subsidiaries and parent undertakings		-		3,550		-		(3,550)		-
Other financial assets		-		-		23		-		23
Other receivables		-		-		181		-		181
Derivative financial instruments		-		-		30		-		30
Deferred income tax assets		-		-		71		-		71
Total non-current assets		14,892		4,122		27,344		(20,696)		25,662
Current assets
Inventories		-		-		3,061		-		3,061
Trade and other receivables		-		-		4,074		-		4,074
Advances to subsidiaries and parent undertakings		1,233		-		507		(1,740)		-
Current income tax recoverable		-		-		15		-		15
Derivative financial instruments		-		-		15		-		15
Cash and cash equivalents		411		-		1,935		-		2,346
Total current assets		1,644		-		9,607		(1,740)		9,511
Total assets		16,536		4,122		36,951		(22,436)		35,173
EQUITY
Capital and reserves attributable to the Company’s equity holders		16,029		1,950		15,196		(17,146)		16,029
Non-controlling interests		-		-		525		-		525
Total equity		16,029		1,950		15,721		(17,146)		16,554
LIABILITIES
Non-current liabilities
Interest-bearing loans and borrowings		-		2,098		6,600		-		8,698
Derivative financial instruments		-		16		2		-		18
Deferred income tax liabilities		-		-		2,209		-		2,209
Other payables		-		-		472		-		472
Advances from subsidiary and parent undertakings		-		-		3,550		(3,550)		-
Retirement benefit obligations		-		-		424		-		424
Provisions for liabilities		-		-		719		-		719
Total non-current liabilities		-		2,114		13,976		(3,550)		12,540
Current liabilities
Trade and other payables		-		21		4,588		-		4,609
Advances from subsidiary and parent undertakings		507		-		1,233		(1,740)		-
Current income tax liabilities		-		-		443		-		443
Interest-bearing loans and borrowings		-		37		581		-		618
Derivative financial instruments		-		-		41		-		41
Provisions for liabilities		-		-		368		-		368
Total current liabilities		507		58		7,254		(1,740)		6,079
Total liabilities		507		2,172		21,230		(5,290)		18,619
Total equity and liabilities		16,536		4,122		36,951		(22,436)		35,173

Schedule of Supplemental Condensed Consolidated Income Statement

Supplemental Condensed Consolidated Income Statement

	Year ended 31 December 2019
	Guarantor €m		Issuer €m		Non-Guarantor subsidiaries €m		Eliminate and reclassify €m		CRH and subsidiaries €m
Revenue		-		-		25,129		-		25,129
Cost of sales		-		-		(16,846)		-		(16,846)
Gross profit		-		-		8,283		-		8,283
Operating income/(costs)		1,531		-		(7,320)		-		(5,789)
Group operating profit		1,531		-		963		-		2,494
(Loss)/profit on disposals		(13)		-		12		-		(1)
Profit before finance costs		1,518		-		975		-		2,493
Finance costs		(3)		(280)		(353)		290		(346)
Finance income		-		290		20		(290)		20
Other financial expense		-		-		(112)		-		(112)
Share of subsidiaries’ profit before tax		522		136		-		(658)		-
Share of equity accounted investments’ profit		60		-		60		(60)		60
Profit before tax from continuing operations		2,097		146		590		(718)		2,115
Income tax expense		(477)		(36)		(441)		477		(477)
Group profit for the financial year from continuing operations		1,620		110		149		(241)		1,638
Profit after tax for the financial year from discontinued operations		309		-		310		(309)		310
Group profit for the financial year		1,929		110		459		(550)		1,948
Profit attributable to:
Equity holders of the Company
From continuing operations		1,620		110		131		(241)		1,620
From discontinued operations		309		-		309		(309)		309
Non-controlling interests
From continuing operations		-		-		18		-		18
From discontinued operations		-		-		1		-		1
Group profit for the financial year		1,929		110		459		(550)		1,948

Supplemental Condensed Consolidated Income Statement

			Year ended 31 December 2018						Restated (i)
	Guarantor €m		Issuer €m		Non-Guarantor subsidiaries €m		Eliminate and reclassify €m		CRH and subsidiaries €m
Revenue		-		-		23,241		-		23,241
Cost of sales		-		-		(15,572)		-		(15,572)
Gross profit		-		-		7,669		-		7,669
Operating income/(costs)		1,741		-		(7,339)		-		(5,598)
Group operating profit		1,741		-		330		-		2,071
Loss on disposals		(15)		-		(12)		-		(27)
Profit before finance costs		1,726		-		318		-		2,044
Finance costs		-		(224)		(346)		231		(339)
Finance income		1		231		33		(231)		34
Other financial expense		-		-		(46)		-		(46)
Share of subsidiaries’ (loss)/profit before tax		(37)		115		-		(78)		-
Share of equity accounted investments’ profit		48		-		48		(48)		48
Profit before tax from continuing operations		1,738		122		7		(126)		1,741
Income tax expense		(396)		(32)		(364)		396		(396)
Group profit for the financial year from continuing operations		1,342		90		(357)		270		1,345
Profit after tax for the financial year from discontinued operations		1,175		-		1,176		(1,175)		1,176
Group profit for the financial year		2,517		90		819		(905)		2,521
Profit attributable to:
Equity holders of the Company
From continuing operations		1,342		90		(360)		270		1,342
From discontinued operations		1,175		-		1,175		(1,175)		1,175
Non-controlling interests
From continuing operations		-		-		3		-		3
From discontinued operations		-		-		1		-		1
Group profit for the financial year		2,517		90		819		(905)		2,521

(i)   Restated to show the results of our former Europe Distribution segment in discontinued operations.

Supplemental Condensed Consolidated Income Statement

			Year ended 31 December 2017						Restated (i)
	Guarantor €m		Issuer €m		Non-Guarantor subsidiaries €m		Eliminate and reclassify €m		CRH and subsidiaries €m
Revenue		-		-		21,653		-		21,653
Cost of sales		-		-		(14,275)		-		(14,275)
Gross profit		-		-		7,378		-		7,378
Operating income/(costs)		22		-		(5,473)		-		(5,451)
Group operating profit		22		-		1,905		-		1,927
Profit on disposals		-		-		54		-		54
Profit before finance costs		22		-		1,959		-		1,981
Finance costs		-		(235)		(308)		242		(301)
Finance income		2		242		10		(242)		12
Other financial expense		-		-		(59)		-		(59)
Share of subsidiaries’ profit before tax		1,586		83		-		(1,669)		-
Share of equity accounted investments’ profit		52		-		52		(52)		52
Profit before tax from continuing operations		1,662		90		1,654		(1,721)		1,685
Income tax expense		(12)		(29)		17		12		(12)
Group profit for the financial year from continuing operations		1,650		61		1,671		(1,709)		1,673
Profit after tax for the financial year from discontinued operations		245		-		246		(245)		246
Group profit for the financial year		1,895		61		1,917		(1,954)		1,919
Profit attributable to:
Equity holders of the Company
From continuing operations		1,650		61		1,648		(1,709)		1,650
From discontinued operations		245		-		245		(245)		245
Non-controlling interests
From continuing operations		-		-		23		-		23
From discontinued operations		-		-		1		-		1
Group profit for the financial year		1,895		61		1,917		(1,954)		1,919

(i)   Restated to show the results of our former Europe Distribution segment in discontinued operations.    

Schedule of Supplemental Condensed Consolidated Statement of Comprehensive Income

Supplemental Condensed Consolidated Statement of Comprehensive Income

Group profit for the financial year	1,929	110	459	(550)	1,948
Other comprehensive income
Items that may be reclassified to profit or loss in subsequent years:
Currency translation effects	319	27	316	(319)	343
Gains relating to cash flow hedges	24	-	24	(24)	24
Tax relating to cash flow hedges	(3)	-	(3)	3	(3)
	340	27	337	(340)	364
Items that will not be reclassified to profit or loss in subsequent years:
Remeasurement of retirement benefit obligations	(17)	-	(17)	17	(17)
Tax relating to retirement benefit obligations	(3)	-	(3)	3	(3)
	(20)	-	(20)	20	(20)
Total other comprehensive income for the financial year	320	27	317	(320)	344
Total comprehensive income for the financial year	2,249	137	776	(870)	2,292
Attributable to:
Equity holders of the Company	2,249	137	733	(870)	2,249
Non-controlling interests	-	-	43	-	43
Total comprehensive income for the financial year	2,249	137	776	(870)	2,292

Supplemental Condensed Consolidated Statement of Comprehensive Income

Group profit for the financial year	2,517	90	819	(905)	2,521
Other comprehensive income
Items that may be reclassified to profit or loss in subsequent years:
Currency translation effects	277	63	213	(277)	276
Losses relating to cash flow hedges	(40)	-	(40)	40	(40)
Tax relating to cash flow hedges	5	-	5	(5)	5
	242	63	178	(242)	241
Items that will not be reclassified to profit or loss in subsequent years:
Remeasurement of retirement benefit obligations	10	-	10	(10)	10
Tax relating to retirement benefit obligations	(1)	-	(1)	1	(1)
	9	-	9	(9)	9
Total other comprehensive income for the financial year	251	63	187	(251)	250
Total comprehensive income for the financial year	2,768	153	1,006	(1,156)	2,771
Attributable to:
Equity holders of the Company	2,768	153	1,003	(1,156)	2,768
Non-controlling interests	-	-	3	-	3
Total comprehensive income for the financial year	2,768	153	1,006	(1,156)	2,771

Supplemental Condensed Consolidated Statement of Comprehensive Income
Group profit for the financial year	1,895	61	1,917	(1,954)	1,919
Other comprehensive income
Items that may be reclassified to profit or loss in subsequent years:
Currency translation effects	(1,015)	(186)	(890)	1,015	(1,076)
Gains relating to cash flow hedges	8	-	8	(8)	8
	(1,007)	(186)	(882)	1,007	(1,068)
Items that will not be reclassified to profit or loss in subsequent years:
Remeasurement of retirement benefit obligations	114	-	114	(114)	114
Tax on items recognised directly within other comprehensive income	(33)	-	(33)	33	(33)
	81	-	81	(81)	81
Total other comprehensive income for the financial year	(926)	(186)	(801)	926	(987)
Total comprehensive income for the financial year	969	(125)	1,116	(1,028)	932
Attributable to:
Equity holders of the Company	969	(125)	1,153	(1,028)	969
Non-controlling interests	-	-	(37)	-	(37)
Total comprehensive income for the financial year	969	(125)	1,116	(1,028)	932

Schedule of Supplemental Condensed Consolidated Statement of Cash Flow

Supplemental Condensed Consolidated Statement of Cash Flow

	Year ended 31 December 2019
	Guarantor €m		Issuer €m		Non-Guarantor subsidiaries €m			Eliminate and reclassify €m		CRH and subsidiaries €m
Cash flows from operating activities
Profit before tax from continuing operations		2,097		146		590			(718)		2,115
Profit before tax from discontinued operations		332		-		333			(332)		333
Profit before tax		2,429		146		923			(1,050)		2,448
Finance costs (net)		3		(10)		452			-		445
Share of subsidiaries’ profit before tax		(842)		(136)		-			978		-
Share of equity accounted investments’ profit		(72)		-		(72)			72		(72)
Loss/(profit) on disposals		13		-		(239)			-		(226)
Group operating profit		1,531		-		1,064			-		2,595
Depreciation charge		-		-		1,538			-		1,538
Amortisation of intangible assets		-		-		59			-		59
Impairment charge		-		-		8			-		8
Share-based payment (income)/expense		(26)		-		103			-		77
Other (primarily pension payments)		-		-		(3)			-		(3)
Net movement on working capital and provisions		-		(1)		(63)			-		(64)
Cash generated from operations		1,505		(1)		2,706			-		4,210
Interest paid (including leases)		(3)		(280)		(426)			290		(419)
Corporation tax paid		-		(36)		(289)			-		(325)
Net cash inflow/(outflow) from operating activities		1,502		(317)		1,991			290		3,466
Cash flows from investing activities
Proceeds from disposals (net of cash disposed and deferred proceeds)		-		-		2,096			-		2,096
Interest received		-		290		20			(290)		20
Dividends received from equity accounted investments		-		-		35			-		35
Purchase of property, plant and equipment		-		-		(1,229)			-		(1,229)
Advances from subsidiary and parent undertakings		(375)		70		(336)			641		-
Acquisition of subsidiaries (net of cash acquired)		-		-		(650)			-		(650)
Other investments and advances		-		-		(29)			-		(29)
Deferred and contingent acquisition consideration paid		-		-		(48)			-		(48)
Net cash (outflow)/inflow from investing activities		(375)		360		(141)			351		195
Cash flows from financing activities
Proceeds from exercise of share options		20		-		-			-		20
Transactions involving non-controlling interests		-		-		(19	)		-		(19	)
Advances to subsidiary and parent undertakings		336		-		305			(641)		-
Increase in interest-bearing loans and borrowings		-		-		91			-		91
Net cash flow arising from derivative financial instruments		-		-		(36)			-		(36)
Repayment of interest-bearing loans, borrowings and finance leases		-		(43)		(529)			-		(572)
Repayment of lease liabilities		-		-		(317)			-		(317)
Treasury Shares/own shares purchased		(852)		-		-			-		(852)
Dividends paid to equity holders of the Company		(584)		-		-			-		(584)
Dividends paid to non-controlling interests		-		-		(10)			-		(10)
Net cash (outflow)/inflow from financing activities		(1,080)		(43)		(515)			(641)		(2,279)
Increase in cash and cash equivalents		47		-		1,335			-		1,382
Reconciliation of opening to closing cash and cash equivalents
Cash and cash equivalents at 1 January		411		-		1,935			-		2,346
Translation adjustment		-		-		27			-		27
Increase in cash and cash equivalents		47		-		1,335			-		1,382
Cash and cash equivalents at 31 December		458		-		3,297			-		3,755

Supplemental Condensed Consolidated Statement of Cash Flow

	Year ended 31 December 2018
	Guarantor €m		Issuer €m		Non-Guarantor subsidiaries €m		Eliminate and reclassify €m		CRH and subsidiaries €m
Cash flows from operating activities
Profit before tax from continuing operations		1,738		122		7		(126)		1,741
Profit before tax from discontinued operations		1,678		-		1,679		(1,678)		1,679
Profit before tax		3,416		122		1,686		(1,804)		3,420
Finance costs (net)		(1)		(7)		359		-		351
Share of subsidiaries’ profit before tax		(1,629)		(115)		-		1,744		-
Share of equity accounted investments’ profit		(60)		-		(60)		60		(60)
Loss/(profit) on disposals		15		-		(1,554)		-		(1,539)
Group operating profit		1,741		-		431		-		2,172
Depreciation charge		-		-		1,071		-		1,071
Amortisation of intangible assets		-		-		61		-		61
Impairment charge		-		-		56		-		56
Share-based payment (income)/expense		(13)		-		80		-		67
Other (primarily pension payments)		-		-		(67)		-		(67)
Net movement on working capital and provisions		-		(4)		(459)		-		(463)
Cash generated from operations		1,728		(4)		1,173		-		2,897
Interest paid (including leases)		-		(224)		(342)		231		(335)
Corporation tax paid		-		(32)		(631)		-		(663)
Net cash inflow/(outflow) from operating activities		1,728		(260)		200		231		1,899
Cash flows from investing activities
Proceeds from disposals (net of cash disposed and deferred proceeds)		-		-		3,009		-		3,009
Interest received		1		231		33		(231)		34
Dividends received from equity accounted investments		-		-		48		-		48
Purchase of property, plant and equipment		-		-		(1,121)		-		(1,121)
Advances from subsidiary and parent undertakings		(184)		241		238		(295)		-
Acquisition of subsidiaries (net of cash acquired)		-		-		(3,505)		-		(3,505)
Other investments and advances		-		-		(2)		-		(2)
Deferred and contingent acquisition consideration paid		-		-		(55)		-		(55)
Net cash (outflow)/inflow from investing activities		(183)		472		(1,355)		(526)		(1,592)
Cash flows from financing activities
Proceeds from issue of shares (net)		11		-		-		-		11
Proceeds from exercise of share options		7		-		-		-		7
Advances to subsidiary and parent undertakings		(238)		-		(57)		295		-
Increase in interest-bearing loans and borrowings		-		31		1,403		-		1,434
Net cash flow arising from derivative financial instruments		-		-		6		-		6
Repayment of interest-bearing loans, borrowings and finance leases		(2)		(243)		(1)		-		(246)
Treasury Shares/own shares purchased		(792)		-		-		-		(792)
Dividends paid to equity holders of the Company		(521)		-		-		-		(521)
Dividends paid to non-controlling interests		-		-		(12)		-		(12)
Net cash (outflow)/inflow from financing activities		(1,535)		(212)		1,339		295		(113)
Increase in cash and cash equivalents		10		-		184		-		194
Reconciliation of opening to closing cash and cash equivalents
Cash and cash equivalents at 1 January		401		-		1,734		-		2,135
Translation adjustment		-		-		17		-		17
Increase in cash and cash equivalents		10		-		184		-		194
Cash and cash equivalents at 31 December		411		-		1,935		-		2,346

Supplemental Condensed Consolidated Statement of Cash Flow

	Year ended 31 December 2017
	Guarantor €m		Issuer €m		Non-Guarantor subsidiaries €m		Eliminate and reclassify €m		CRH and subsidiaries €m
Cash flows from operating activities
Profit before tax from continuing operations		1,662		90		1,654		(1,721)		1,685
Profit before tax from discontinued operations		327		-		328		(327)		328
Profit before tax		1,989		90		1,982		(2,048)		2,013
Finance costs (net)		(2)		(7)		358		-		349
Share of subsidiaries’ profit before tax		(1,900)		(83)		-		1,983		-
Share of equity accounted investments’ profit		(65)		-		(65)		65		(65)
Profit on disposals		-		-		(59)		-		(59)
Group operating profit		22		-		2,216		-		2,238
Depreciation charge		-		-		1,006		-		1,006
Amortisation of intangible assets		-		-		66		-		66
Share-based payment (income)/expense		(1)		-		66		-		65
Other (primarily pension payments)		-		-		(186)		-		(186)
Net movement on working capital and provisions		-		(11)		(198)		-		(209)
Cash generated from operations		21		(11)		2,970		-		2,980
Interest paid (including leases)		-		(236)		(323)		242		(317)
Corporation tax paid		-		(29)		(445)		-		(474)
Net cash inflow/(outflow) from operating activities		21		(276)		2,202		242		2,189
Cash flows from investing activities
Proceeds from disposals (net of cash disposed and deferred proceeds)		-		-		222		-		222
Interest received		2		242		9		(242)		11
Dividends received from equity accounted investments		-		-		31		-		31
Purchase of property, plant and equipment		-		-		(1,044)		-		(1,044)
Advances from subsidiary and parent undertakings		407		356		-		(763)		-
Acquisition of subsidiaries (net of cash acquired)		-		-		(1,841)		-		(1,841)
Other investments and advances		-		-		(11)		-		(11)
Deferred and contingent acquisition consideration paid		-		-		(53)		-		(53)
Net cash inflow/(outflow) from investing activities		409		598		(2,687)		(1,005)		(2,685)
Cash flows from financing activities
Proceeds from issue of shares (net)		42		-		-		-		42
Transactions involving non-controlling interests		-		-		(37)		-		(37)
Advances to subsidiary and parent undertakings		-		-		(763)		763		-
Increase in interest-bearing loans and borrowings		-		6		1,004		-		1,010
Net cash flow arising from derivative financial instruments		-		11		158		-		169
Premium paid on early debt redemption		-		(18)		-		-		(18)
Repayment of interest-bearing loans, borrowings and finance leases		-		(321)		(22)		-		(343)
Treasury Shares/own shares purchased		(3)		-		-		-		(3)
Dividends paid to equity holders of the Company		(469)		-		-		-		(469)
Dividends paid to non-controlling interests		-		-		(8)		-		(8)
Net cash (outflow)/inflow from financing activities		(430)		(322)		332		763		343
Decrease in cash and cash equivalents		-		-		(153)		-		(153)
Reconciliation of opening to closing cash and cash equivalents
Cash and cash equivalents at 1 January		401		-		2,048		-		2,449
Translation adjustment		-		-		(161)		-		(161)
Decrease in cash and cash equivalents		-		-		(153)		-		(153)
Cash and cash equivalents at 31 December		401		-		1,734		-		2,135