XML 449 R177.htm IDEA: XBRL DOCUMENT v3.24.0.1
Reconciliation of profit for the year to cash flow from operations - Summary of Reconciliation of Profit for the Year to Cash Flow From Operations (Detail) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Reconciliation of profit (loss) to net cash flows from operating activities [Line Items]      
Profit for the year $ 750 $ 376 [1],[2] $ 265 [2]
Adjustments for:      
Net financial expenses 52 96 139
Fair value losses/(gains) on contingent purchase consideration 4 (8) [2] (6) [2]
Income tax charge 260 164 96
Operating profit adjustments:      
Impairment (reversal)/loss on financial assets (1) 5 [2] 0 [2]
Other net impairment (reversals)/charges 0 (5) 4
Other operating exceptional items (28) 100 25
Depreciation and amortisation 67 68 98
Operating profit adjustments 38 168 127
Contract assets deduction in revenue 37 32 35
Share-based payments cost 36 30 28
Share of (profits)/losses of associates and joint ventures (before exceptional items) (31) 59 [2] 8 [2]
Other adjustments for non-cash items 60 61 71
System Fund adjustments:      
Depreciation and amortisation 83 86 94
Impairment loss/(reversal) on financial assets 0 7 (6)
Other impairment reversals 0 0 (3)
Share-based payments cost 20 16 13
Share of losses of associates 3 1 2
System fund adjustments 106 110 100
Working capital and other adjustments:      
Increase in deferred revenue 123 108 39
Decrease in inventories 0 0 1
Increase in trade and other receivables (70) (132) (75)
Increase in trade and other payables 31 121 153
Other adjustments (5) 4 (8)
Working capital and other adjustments 79 101 110
Cash flows relating to exceptional items (29) (43) (12)
Contract acquisition costs, net of repayments (101) (64) (42)
Total adjustments 469 585 583
Cash flow from operations 1,219 961 848
Excluding exceptional items [member]      
Operating profit adjustments:      
Share of (profits)/losses of associates and joint ventures (before exceptional items) $ (13) $ (1) $ 8
[1] In 2023, gains/(losses) on net investment hedges have been presented on a separate line. The 2022 amount was previously presented within ‘Exchange (losses)/gains on retranslation of foreign operations’.
[2] Re-presented for the adoption of IFRS 17 ‘Insurance Contracts’ and to combine System Fund revenues and reimbursables (see New accounting standards and other presentational changes).