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Investment in associates and joint ventures (Tables)
12 Months Ended
Dec. 31, 2021
Statement [Line Items]  
Investment in Associates and Joint Ventures
         
            2021
$m
        
            2020
$m
 
Cost
      
 
 
 
      
 
 
 
At 1 January
      
 
136
 
      
 
145
 
Additions
      
 
4
 
      
 
17
 
Share of losses
      
 
(8
      
 
(14
System Fund share of losses
      
 
(2
      
 
(1
Dividends and distributions
      
 
 
      
 
(7
Exchange and other adjustments
      
 
2
 
      
 
(4
At 31 December
      
 
132
 
      
 
136
 
Impairment
      
 
 
 
      
 
 
 
At 1 January
      
 
(55
      
 
(35
Charge for the year
a
      
 
 
      
 
(23
Exchange and other adjustments
      
 
 
      
 
3
 
At 31 December
      
 
(55
      
 
(55
         
Net book value
      
 
77
 
      
 
81
 
         
Analysed as:
      
 
 
 
      
 
 
 
Material associates
      
 
42
 
      
 
43
 
Other associates
      
 
35
 
      
 
38
 
 
a
 
In 2020, the $23m impairment charge was presented net of $4m gain on related put option (see note 6).
Summary of Financial Information of Material Associate Investment
Summarised financial information in respect of the Barclay associate is set out below:
 
31 December
      
            2021
$m
        
            2020
$m
 
Non-current
assets
      
 
485
 
      
 
497
 
Current assets
      
 
38
 
      
 
32
 
Current liabilities
      
 
(32
      
 
(19
Non-current
liabilities
      
 
(246
      
 
(247
Net assets
      
 
245
 
      
 
263
 
Group share of reported net assets at 19.9%
      
 
49
 
      
 
52
 
Adjustments to reflect impairment, capitalised costs, and additional rights and obligations under the shareholder agreement
      
 
(7
      
 
(9
Carrying amount
      
 
42
 
      
 
43
 
 
Year ended 31 December
      
            2021
$m
        
            2020
$m
 
Revenue
      
 
42
 
      
 
16
 
Loss from continuing operations and total comprehensive loss for the year
      
 
(24
      
 
(52
Group’s share of loss for the year, including the cost of funding owner returns
      
 
(5
      
 
(13
Summarised Aggregated Financial Information for Individually Immaterial Associates and Joint Ventures
 
        
Associates
        
Joint ventures
 
         
            2021
$m
        
              2020
$m
        
              2019
$m
        
            2021
$m
        
                2020
$m
        
              2019
$m
 
(Losses)/profits from continuing operations and total comprehensive (loss)/income for the year
      
 
(3
      
 
(3
      
 
7
 
      
 
 
      
 
2