Other financial assets (Tables)

12 Months Ended

Dec. 31, 2021

Text Block [Abstract]

Summary of Other Financial Assets

	2021 $m		2020 $m
Equity securities		106		88
Restricted funds:
Shortfall reserve deposit		6		9
Ring-fenced amounts to satisfy insurance claims:
Cash		4		3
Money market funds		8		15
Bank accounts pledged as security		42		43
Other		1		3
		61		73
Trade deposits and loans		8		8
		175		169
Analysed as:
Current		2		1
Non-current		173		168
		175		169

Schedule of Movement in Provision for Impairment of Equity Securities

The methodology to calculate fair value and the sensitivities to the relevant significant unobservable inputs are detailed in note 25. The significant investments are as follows:

	2021			2020
		Fair value $m	Dividend income $m		Fair value $m	Dividend income $m	a
Investment in entity which owns:
InterContinental The Willard Washington DC		25	–		22	–
InterContinental San Francisco		17	–		15	1
InterContinental Grand Stanford Hong Kong		35	–		27	–

a  Reported within other operating income in the Group income statement.

Schedule of Other Trade Deposits and Loans

	2021 $m			2020 $m
Trade deposits and loans:
Gross and net balance with no significant increase in credit risk since initial recognition		6			4
Gross balance with a significant increase in credit risk since initial recognition		17			19
Provision for lifetime expected credit lossesa		(15	)		(15	)

a  Comprises $6m and $9m (2020: $6m and $9m) relating to the Americas and EMEAA regions respectively.

Schedule of Maximum Risk to Credit Exposure by Geographies

The maximum exposure to credit risk of other financial assets at the end of the reporting period by geographic region is as follows:

	2021 $m		2020 $m
Americas		66		72
EMEAA		67		64
Greater China		42		33
		175		169