v3.24.1.1.u2
Contract liabilities (Tables)
 12 Months Ended
Mar. 31, 2024
Contract liabilities [abstract]  
Summary of contract liabilities
2024
2023
£m
£m
Current
127
252
Non-current
2,119
1,754
2,246
2,006
Schedule of significant changes in contract assets and contract liabilities Significant changes in the contract liabilities balances during the period are as follows:
2024
2023
£m
£m
As at 1 April
2,006
1,472
Exchange adjustments
(27)
54
Revenue recognised that was included in the contract liability balance at the beginning of the period
(252)
(292)
Increases due to cash received, excluding amounts recognised as revenue during the period
519
772
At 31 March
2,246
2,006