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Investments in associates and joint ventures (Tables)
12 Months Ended
Jun. 30, 2022
Interests In Other Entities [Abstract]  
Schedule of movement in the group's investments in associates and joint ventures
(a) An analysis of the movement in the group’s investments in associates and joint ventures is as follows:
 Moët
Hennessy
£ million
Others
£ million
Total
£ million
Cost less provisions
At 30 June 20203,395 162 3,557 
Exchange differences(228)(12)(240)
Additions— 38 38 
Share of profit/(loss) after tax335 (1)334 
Dividends(289)(1)(290)
Share of movements in other comprehensive income and equity(85)— (85)
Transfer— 
Impairment charged during the year— (8)(8)
At 30 June 20213,128 180 3,308 
Exchange differences48 12 60 
Additions 65 65 
Share of profit/(loss) after tax425 (8)417 
Dividends(186)(4)(190)
Share of movements in other comprehensive income and equity(6) (6)
Impairment charged during the year (2)(2)
At 30 June 20223,409 243 3,652 
(i)     Investment in associates balance includes loans given to and preference shares invested in associates of £163 million (2021 – £108 million).
(ii)    If certain performance targets are met by associates in the Distill Ventures programme, an additional £22 million (2021 – £33 million) will be invested in those associates.
Schedule of income statement of associates
Income statement information for the three years ended 30 June 2022 and balance sheet information as at 30 June 2022 and 30 June 2021 of Moët Hennessy is as follows:
 2022
£ million
2021
£ million
2020
£ million
Sales
5,553 4,819 4,425 
Profit for the year
1,250 985 838 
Total comprehensive income
1,269 999 765 
Schedule of balance sheet of associates
 2022
£ million
2021
£ million
Non-current assets
5,957 5,320 
Current assets
8,447 7,800 
Total assets
14,404 13,120 
Non-current liabilities
(1,791)(1,665)
Current liabilities
(2,415)(2,256)
Total liabilities
(4,206)(3,921)
Net assets
10,198 9,199 
(i)    Including acquisition fair value adjustments principally in respect of Moët Hennessy’s brands and translated at £1 = €1.16 (2021 – £1 = €1.17).