v3.24.1.1.u2
Borrowings (Tables)
12 Months Ended
Mar. 31, 2024
Disclosure of detailed information about borrowings [abstract]  
Schedule of borrowings
2024
2023
£m
£m
Current
Bank loans
460
381
Bonds
2,841
1,638
Commercial paper
1,444
840
Lease liabilities
114
96
4,859
2,955
Non-current
Bank loans
2,434
2,557
Bonds
39,114
36,855
Lease liabilities
665
618
42,213
40,030
Total borrowings
47,072
42,985
Total borrowings are repayable as follows:
2024
2023
£m
£m
Less than 1 year
4,859
2,955
In 1 to 2 years
2,706
2,799
In 2 to 3 years
3,134
2,689
In 3 to 4 years
2,948
3,129
In 4 to 5 years
4,375
2,505
More than 5 years:
By instalments
736
922
Other than by instalments
28,314
27,986
47,072
42,985
Schedule of lease obligations
2024
2023
£m
£m
Gross lease liabilities are repayable as follows:
Less than 1 year
133
118
1 to 5 years
370
318
More than 5 years
507
480
1,010
916
Less: finance charges allocated to future periods
(231)
(202)
779
714
The present value of lease liabilities are as follows:
Less than 1 year
114
96
1 to 5 years
300
269
More than 5 years
365
349
779
714