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Provisions for other liabilities and charges
12 Months Ended
Dec. 31, 2017
Text block1 [abstract]  
Provisions for other liabilities and charges

23. Provisions for other liabilities and charges

 

All figures in £ millions

   Deferred
consideration
    Property     Disposals
and closures
    Legal
and other
    Total  

At 1 January 2017

     56       4       10       36       106  

Exchange differences

     (5                 (2     (7

Charged to income statement

                       4       4  

Released to income statement

                       (7     (7

Utilised

     (6           (2     (8     (16

Disposal through business disposal

           (1     3       (2      
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

At 31 December 2017

     45       3       11       21       80  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Analysis of provisions:

 

     2017  

All figures in £ millions

   Deferred
consideration
     Property      Disposals
and closures
     Legal
and other
     Total  

Current

     5        1        11        8        25  

Non-current

     40        2               13        55  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 
     45        3        11        21        80  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 
     2016  

Current

     6        1        8        12        27  

Non-current

     50        3        2        24        79  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 
     56        4        10        36        106  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Deferred consideration primarily relates to the formation of a venture in a North America business in 2011. The provision will be utilised over a number of years as payments are based on a royalty rate. Disposals and closures include liabilities related to the disposal of Penguin with the provisions utilised as the disposals and closures are completed. Legal and other includes legal claims, contract disputes and potential contract losses with the provisions utilised as the cases are settled. Restructuring provisions were not material in either 2017 or 2016.