v3.26.1
Financial and other investments - Schedule of financial assets (Details) - GBP (£)
£ in Millions
Mar. 31, 2026
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2023
Non-current        
FVOCI debt and other investments £ 385 £ 384    
FVTPL investments 450 407    
Financial assets at amortised cost 7 7    
Other non-current financial assets 842 798 £ 880  
Current        
FVTPL investments 1,914 5,156    
Financial assets at amortised cost 539 597    
Other current financial assets 2,453 5,753 £ 3,699 £ 2,605
Other financial assets 3,295 6,551    
Investments in short-term money market funds        
Current        
Other financial assets 1,370 4,725    
Investments held by National Grid Partners        
Current        
Other financial assets 387 346    
Investments in Sunrun        
Current        
Other financial assets 63 60    
Collateral        
Current        
Other financial assets 438 506    
Insurance company fund investments        
Current        
Short term investments, restricted 404 477    
Specific project        
Current        
Short term investments, restricted 30 24    
Letter of credit        
Current        
Short term investments, restricted 4 5    
Insurance company and non-qualified plan investments        
Current        
Other financial assets 676 578    
Cash surrender value of life insurance policies        
Current        
Other financial assets 252 238    
Other investments        
Current        
Other financial assets £ 109 £ 98