Held for sale (Tables)

12 Months Ended

Dec. 31, 2019

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Summary of Assets and Liabilities

The held for sale asset in 2019 is the 25% holding in Penguin Random House following announcement of the sale in December 2019. Held for sale assets and liabilities in 2018 related to the US K12 Courseware business prior to disposal in 2019.

	2019		2018
All figures in £ millions	Total		Total
Non-current assets
Intangible assets		—		168
Investments in joint ventures and associates		397		—
Deferred income tax assets		—		98
Trade and other receivables		—		25
		397		291
Current assets
Intangible assets – pre-publication		—		242
Inventories		—		55
Trade and other receivables		—		60
		—		357
Assets classified as held for sale		397		648
Non-current liabilities
Other liabilities		—		(371	)
		—		(371	)
Current liabilities
Trade and other liabilities		—		(202	)
		—		(202	)
Liabilities classified as held for sale		—		(573	)
Net assets classified as held for sale		397		75