v3.24.1.1.u2
Consolidated statement of financial position - GBP (£)
£ in Millions
Mar. 31, 2024
Mar. 31, 2023
Non-current assets    
Goodwill £ 9,729 £ 9,847
Other intangible assets 3,431 3,604
Property, plant and equipment 68,907 64,433
Other non-current assets [1] 848 620
Pension assets 2,407 2,645
Financial and other investments 880 859
Investments in joint ventures and associates 1,420 1,300
Derivative financial assets 324 276
Total non-current assets 87,946 83,584
Current assets    
Inventories and current intangible assets 828 876
Trade and other receivables [1] 3,415 3,830
Current tax assets 11 43
Financial and other investments 3,699 2,605
Derivative financial assets 44 153
Cash and cash equivalents 559 163
Assets held for sale 1,823 1,443
Total current assets 10,379 9,113
Total assets 98,325 92,697
Current liabilities    
Borrowings (4,859) (2,955)
Derivative financial liabilities (335) (222)
Trade and other payables (4,076) (5,068)
Contract liabilities (127) (252)
Current tax liabilities (220) (236)
Provisions (298) (288)
Liabilities held for sale (1,474) (109)
Total current liabilities (11,389) (9,130)
Non-current liabilities    
Borrowings (42,213) (40,030)
Derivative financial liabilities (909) (1,071)
Other non-current liabilities (880) (921)
Contract liabilities (2,119) (1,754)
Deferred tax liabilities (7,519) (7,181)
Pensions and other post-retirement benefit obligations (593) (694)
Provisions (2,811) (2,354)
Total non-current liabilities (57,044) (54,005)
Total liabilities (68,433) (63,135)
Total assets (liabilities) 29,892 29,562
Equity    
Share capital 493 488
Share premium account 1,298 1,302
Retained earnings 32,066 31,608
Other equity reserves (3,990) (3,860)
Total shareholders’ equity 29,867 29,538
Non-controlling interests 25 24
Total equity £ 29,892 £ 29,562
[1] In the year, we have revised our policy in relation to the classification of capital expenditure prepayments between current and non-current in order to align these to the operating cycles
of the underlying assets to which they relate. Accordingly, comparative amounts have been re-presented to reflect this change (see notes 14 and 19).