Disposals (Tables)

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Schedule of Disposals Including Business Closures

2018											2017			2016
All figures in £ millions	Notes		WSE			UTEL			Other			Total			Total			Total
Disposal of subsidiaries and associates
Property, plant and equipment				(17	)		—			—			(17	)		(7	)		(3	)
Intangible assets				(15	)		—			(2	)		(17	)		(9	)		—
Investments in joint ventures and associates				—			(3	)		—			(3	)		(352	)		—
Net deferred income tax assets				—			—			—			—			(3	)		(10	)
Intangible assets – pre-publication				(8	)		—			—			(8	)		(1	)		(4	)
Inventories				(1	)		—			—			(1	)		(2	)		—
Trade and other receivables				(30	)		—			—			(30	)		(16	)		(6	)
Current income tax receivable				—			—			—			—			(5	)		—
Cash and cash equivalents (excluding overdrafts)				(119	)		—			—			(119	)		(13	)		(9	)
Net deferred income tax liabilities				16			—			—			16			—			—
Trade and other liabilities				171			—			1			172			34			21
Provisions for other liabilities and charges		23		—			—			1			1			—			—
Cumulative currency translation adjustment		29		4			—			—			4			51			—
Net (assets)/liabilities disposed				1			(3	)		—			(2	)		(323	)		(11	)
Cash received				212			22			9			243			468			7
Deferred proceeds				—			—			2			2			—			—
Fair value of financial asset acquired				—			—			3			3			—			—
Costs				(6	)		—			(10	)		(16	)		(17	)		(16	)
Gain on disposal				207			19			4			230			128			(20	)

All figures in £ millions	2018			2017			2016
Cash flow from disposals
Cash – current year disposals		243			468			11
Cash and cash equivalents disposed		(119	)		(13	)		(9	)
Costs and other disposal liabilities paid		(23	)		(25	)		(52	)
Net cash inflow		101			430			(50	)
Analysed as:
Cash inflow/ from sale of subsidiaries		83			19			(54	)
Cash inflow from sale of joint ventures and associates		18			411			4