XML 94 R76.htm IDEA: XBRL DOCUMENT v3.22.1
Held for sale (Tables)
12 Months Ended
Dec. 31, 2021
Text block [abstract]  
Summary of Assets and Liabilities
The held for sale assets and liabilities in 2020 are the Group’s interests in the Pearson Institute of Higher Education in South Africa, which was completed on 5 February 2021.
The held for sale balances are analysed as follows:
 
    
2021
    
2020
 
All figures in £ millions
  
Total
    
Total
 
Non-current
assets
                 
Property, plant and equipment
  
 
7
 
     48  
    
 
 
    
 
 
 
    
 
7
 
     48  
     
Current assets
                 
Trade and other receivables
  
 
—  
 
     6  
Cash and cash equivalents
  
 
—  
 
     19  
    
 
 
    
 
 
 
    
 
—  
 
     25  
    
 
 
    
 
 
 
Assets classified as held for sale
  
 
7
 
     73  
    
 
 
    
 
 
 
Non-current
liabilities
                 
Financial liabilities – borrowings
  
 
—  
 
     (66
    
 
 
    
 
 
 
    
 
—  
 
  
 
(66 )
 
     
Current liabilities
                 
Trade and other liabilities
  
 
—  
 
     (5
Financial liabilities – borrowings
  
 
—  
 
     (3
    
 
 
    
 
 
 
    
 
—  
 
     (8
    
 
 
    
 
 
 
Liabilities classified as held for sale
  
 
—  
 
     (74
    
 
 
    
 
 
 
Net assets/(liabilities) classified as held for sale
  
 
7
 
     (1