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Other reserves - Summary of other reserves and translation reserve (Details) - GBP (£)
£ in Millions, shares in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Other reserves and translation reserve      
Equity at beginning of period £ 3,754 £ 3,224 £ 2,101
Profit attributable to shareholders 1,781 1,634 1,471
Dividends paid (1,066) (992) (930)
Actuarial losses on defined benefit pension schemes (75) 164 321
Fair value movements on cash flow hedges 29 (18) 10
Transfer to net profit from cash flow hedge reserve 18 (17) (9)
Tax recognised in other comprehensive income 7 (35) (49)
Exchange differences on translation of foreign operations (285) 427 223
Increase in share based remuneration reserve (including tax) 77 47 55
Disposal of non-controlling interest   (1)  
Equity at end of period £ 3,439 £ 3,754 3,224
Cancellation of treasury share 31.0 52.0  
Other reserves and translation reserve      
Other reserves and translation reserve      
Equity at beginning of period £ 2,394 £ 2,331  
Profit attributable to shareholders 1,781 1,634  
Dividends paid (1,059) (983)  
Actuarial losses on defined benefit pension schemes (75) 164  
Fair value movements on cash flow hedges 29 (18)  
Transfer to net profit from cash flow hedge reserve 18 (17)  
Tax recognised in other comprehensive income 7 (35)  
Exchange differences on translation of foreign operations (285) 427  
Cancellation of shares (673) (1,120)  
Increase in share based remuneration reserve (including tax) 77 47  
Settlement of share awards (34) (35)  
Disposal of non-controlling interest   (1)  
Equity at end of period 2,180 2,394 2,331
Translation reserve      
Other reserves and translation reserve      
Equity at beginning of period 677 250 27
Exchange differences on translation of foreign operations (285)    
Equity at end of period 392 677 250
Increase (decrease) in equity (285)    
Exchange differences on net debt (184)    
Exchange differences on assets, net of other liabilities (469)    
Other reserves      
Other reserves and translation reserve      
Equity at beginning of period 1,717 2,081 1,214
Dividends paid (1,059) (983) (920)
Cancellation of shares (673) (1,120)  
Increase in share based remuneration reserve (including tax) 77 47 55
Settlement of share awards (34) (35) (12)
Disposal of non-controlling interest   (1)  
Equity at end of period 1,788 1,717 £ 2,081
Hedge reserve      
Other reserves and translation reserve      
Equity at beginning of period (8)    
Fair value movements on cash flow hedges 29 (18)  
Transfer to net profit from cash flow hedge reserve 18 (17)  
Tax recognised in other comprehensive income (12)    
Equity at end of period 27 (8)  
Other reserves excluding hedges      
Other reserves and translation reserve      
Equity at beginning of period 1,725    
Profit attributable to shareholders 1,781    
Dividends paid (1,059)    
Actuarial losses on defined benefit pension schemes (75)    
Tax recognised in other comprehensive income 19    
Cancellation of shares (673)    
Increase in share based remuneration reserve (including tax) 77    
Settlement of share awards (34)    
Equity at end of period £ 1,761 £ 1,725