{
"documentInfo": {
"documentType": "https://xbrl.org/2021/xbrl-json",
"features": {
"xbrl:canonicalValues": true
},
"namespaces": {
"ifrs-full": "https://xbrl.ifrs.org/taxonomy/2024-03-27/ifrs-full",
"iso4217": "http://www.xbrl.org/2003/iso4217",
"scheme": "http://standards.iso.org/iso/17442",
"trav": "http://travisperkins.com",
"xbrl": "https://xbrl.org/2021",
"xbrli": "http://www.xbrl.org/2003/instance"
},
"taxonomy": [
"http://travisperkins.com/2138001I27OUBAF22K83-2025-12-31.xsd",
"https://xbrl.frc.org.uk/fr/2025-01-01/core/frc-core-full-2025-01-01.xsd"
]
},
"facts": {
"fact-1": {
"value": "Travis Perkins plc is the largest distributor of building materials in the UK.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-2": {
"value": "4564600000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Revenue",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-3": {
"value": "4607400000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Revenue",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-4": {
"value": "3372000000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CostOfSales",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-5": {
"value": "3403700000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CostOfSales",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-6": {
"value": "1192600000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:GrossProfit",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-7": {
"value": "1203700000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:GrossProfit",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-8": {
"value": "16400000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ImpairmentLossImpairmentGainAndReversalOfImpairmentLossDeterminedInAccordanceWithIFRS9",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-9": {
"value": "16700000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ImpairmentLossImpairmentGainAndReversalOfImpairmentLossDeterminedInAccordanceWithIFRS9",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-10": {
"value": "797100000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:SellingGeneralAndAdministrativeExpense",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-11": {
"value": "779200000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:SellingGeneralAndAdministrativeExpense",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-12": {
"value": "259100000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:AdministrativeExpense",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-13": {
"value": "271300000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:AdministrativeExpense",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-14": {
"value": "9900000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:GainsOnDisposalsOfPropertyPlantAndEquipment",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-15": {
"value": "11300000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:GainsOnDisposalsOfPropertyPlantAndEquipment",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-16": {
"value": "3500000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:OtherOperatingIncomeExpense",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-17": {
"value": "4000000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:OtherOperatingIncomeExpense",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-18": {
"value": "133400000.0",
"decimals": -5,
"dimensions": {
"concept": "trav:AdjustedOperatingProfit",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-19": {
"value": "151800000.0",
"decimals": -5,
"dimensions": {
"concept": "trav:AdjustedOperatingProfit",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-20": {
"value": "-222200000.0",
"decimals": -5,
"dimensions": {
"concept": "trav:AdministrativeExpensesAdjustingItems",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-21": {
"value": "-139100000.0",
"decimals": -5,
"dimensions": {
"concept": "trav:AdministrativeExpensesAdjustingItems",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-22": {
"value": "-7800000.0",
"decimals": -5,
"dimensions": {
"concept": "trav:AdministrativeExpensesAmortisationOfAcquisitionRelatedIntangibleAssets",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-23": {
"value": "-10400000.0",
"decimals": -5,
"dimensions": {
"concept": "trav:AdministrativeExpensesAmortisationOfAcquisitionRelatedIntangibleAssets",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-24": {
"value": "-96600000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLossFromOperatingActivities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-25": {
"value": "2300000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLossFromOperatingActivities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-26": {
"value": "20100000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:FinanceIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-27": {
"value": "11100000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:FinanceIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-28": {
"value": "58200000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:FinanceCosts",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-29": {
"value": "51800000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:FinanceCosts",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-30": {
"value": "-134700000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLossBeforeTax",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-31": {
"value": "-38400000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLossBeforeTax",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-32": {
"value": "-27200000.0",
"decimals": -5,
"dimensions": {
"concept": "trav:AdjustingItemsDeferredTax",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-33": {
"value": null,
"dimensions": {
"concept": "trav:AdjustingItemsDeferredTax",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-34": {
"value": "13800000.0",
"decimals": -5,
"dimensions": {
"concept": "trav:TaxOnAdjustingItems",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-35": {
"value": "29000000.0",
"decimals": -5,
"dimensions": {
"concept": "trav:TaxOnAdjustingItems",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-36": {
"value": "-28200000.0",
"decimals": -5,
"dimensions": {
"concept": "trav:OtherTax",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-37": {
"value": "-31200000.0",
"decimals": -5,
"dimensions": {
"concept": "trav:OtherTax",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-38": {
"value": "41600000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncomeTaxExpenseContinuingOperations",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-39": {
"value": "2200000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncomeTaxExpenseContinuingOperations",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-40": {
"value": "-176300000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLossFromContinuingOperations",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-41": {
"value": "-40600000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLossFromContinuingOperations",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-42": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLossFromDiscontinuedOperations",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-43": {
"value": "-36800000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLossFromDiscontinuedOperations",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-44": {
"value": "-176300000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-45": {
"value": "-77400000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-46": {
"value": "-0.833",
"decimals": 4,
"dimensions": {
"concept": "ifrs-full:BasicEarningsLossPerShareFromContinuingOperations",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP/xbrli:shares"
}
},
"fact-47": {
"value": "-0.192",
"decimals": 4,
"dimensions": {
"concept": "ifrs-full:BasicEarningsLossPerShareFromContinuingOperations",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP/xbrli:shares"
}
},
"fact-48": {
"value": "-0.833",
"decimals": 4,
"dimensions": {
"concept": "ifrs-full:BasicEarningsLossPerShare",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP/xbrli:shares"
}
},
"fact-49": {
"value": "-0.366",
"decimals": 4,
"dimensions": {
"concept": "ifrs-full:BasicEarningsLossPerShare",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP/xbrli:shares"
}
},
"fact-50": {
"value": "-0.833",
"decimals": 4,
"dimensions": {
"concept": "ifrs-full:DilutedEarningsLossPerShareFromContinuingOperations",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP/xbrli:shares"
}
},
"fact-51": {
"value": "-0.192",
"decimals": 4,
"dimensions": {
"concept": "ifrs-full:DilutedEarningsLossPerShareFromContinuingOperations",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP/xbrli:shares"
}
},
"fact-52": {
"value": "-0.833",
"decimals": 4,
"dimensions": {
"concept": "ifrs-full:DilutedEarningsLossPerShare",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP/xbrli:shares"
}
},
"fact-53": {
"value": "-0.366",
"decimals": 4,
"dimensions": {
"concept": "ifrs-full:DilutedEarningsLossPerShare",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP/xbrli:shares"
}
},
"fact-54": {
"value": "0.308",
"decimals": 4,
"dimensions": {
"concept": "trav:AdjustedBasicEarningsPerShare",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-55": {
"value": "0.366",
"decimals": 4,
"dimensions": {
"concept": "trav:AdjustedBasicEarningsPerShare",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-56": {
"value": "0.12",
"decimals": 4,
"dimensions": {
"concept": "trav:TotalDividendDeclaredPerShareNote21",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-57": {
"value": "0.145",
"decimals": 4,
"dimensions": {
"concept": "trav:TotalDividendDeclaredPerShareNote21",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-58": {
"value": "-176300000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-59": {
"value": "-77400000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-60": {
"value": "-4200000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-61": {
"value": "35100000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-62": {
"value": "1000000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-63": {
"value": "-9500000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-64": {
"value": "4100000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationOtherThanTranslationOfForeignOperations",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-65": {
"value": "-2300000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationOtherThanTranslationOfForeignOperations",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-66": {
"value": "-5100000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:GainsLossesOnCashFlowHedgesBeforeTax",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-67": {
"value": "400000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:GainsLossesOnCashFlowHedgesBeforeTax",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-68": {
"value": "-2200000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ReclassificationAdjustmentsOnCashFlowHedgesBeforeTax",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-69": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ReclassificationAdjustmentsOnCashFlowHedgesBeforeTax",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-70": {
"value": "-900000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-71": {
"value": "100000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-72": {
"value": "-1100000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-73": {
"value": "23600000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-74": {
"value": "-177400000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-75": {
"value": "-53800000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-76": {
"value": "-177400000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncomeFromContinuingOperations",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-77": {
"value": "-16900000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncomeFromContinuingOperations",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-78": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncomeFromDiscontinuedOperations",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-79": {
"value": "-36900000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncomeFromDiscontinuedOperations",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-80": {
"value": "-177400000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-81": {
"value": "-53800000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-82": {
"value": "720800000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Goodwill",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-83": {
"value": "821300000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Goodwill",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-84": {
"value": "65900000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IntangibleAssetsOtherThanGoodwill",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-85": {
"value": "86900000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IntangibleAssetsOtherThanGoodwill",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-86": {
"value": "655000000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:PropertyPlantAndEquipment",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-87": {
"value": "771100000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:PropertyPlantAndEquipment",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-88": {
"value": "512800000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:RightofuseAssets",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-89": {
"value": "545400000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:RightofuseAssets",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-90": {
"value": "12000000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:NoncurrentPrepayments",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-91": {
"value": "15300000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:NoncurrentPrepayments",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-92": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:DeferredTaxAssets",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-93": {
"value": "17500000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:DeferredTaxAssets",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-94": {
"value": "1300000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:NoncurrentDerivativeFinancialAssets",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-95": {
"value": "3300000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:NoncurrentDerivativeFinancialAssets",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-96": {
"value": "118100000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:RecognisedAssetsDefinedBenefitPlan",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-97": {
"value": "116900000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:RecognisedAssetsDefinedBenefitPlan",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-98": {
"value": "2085900000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:NoncurrentAssets",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-99": {
"value": "2377700000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:NoncurrentAssets",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-100": {
"value": "666900000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Inventories",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-101": {
"value": "648600000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Inventories",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-102": {
"value": "630700000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:TradeAndOtherCurrentReceivables",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-103": {
"value": "760500000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:TradeAndOtherCurrentReceivables",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-104": {
"value": "400000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CurrentTaxAssetsCurrent",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-105": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CurrentTaxAssetsCurrent",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-106": {
"value": "426900000.0",
"decimals": -5,
"dimensions": {
"concept": "trav:CashAndCashEquivalentsExcludingBankOverdrafts",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-107": {
"value": "244400000.0",
"decimals": -5,
"dimensions": {
"concept": "trav:CashAndCashEquivalentsExcludingBankOverdrafts",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-108": {
"value": "1724900000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CurrentAssets",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-109": {
"value": "1653500000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CurrentAssets",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-110": {
"value": "3810800000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Assets",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-111": {
"value": "4031200000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Assets",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-112": {
"value": "23800000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IssuedCapital",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-113": {
"value": "23800000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IssuedCapital",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-114": {
"value": "545600000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:SharePremium",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-115": {
"value": "545600000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:SharePremium",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-116": {
"value": "500000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ReserveOfCashFlowHedges",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-117": {
"value": "2500000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ReserveOfCashFlowHedges",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-118": {
"value": "326500000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:MergerReserve",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-119": {
"value": "326500000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:MergerReserve",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-120": {
"value": "8200000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:RevaluationSurplus",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-121": {
"value": "9500000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:RevaluationSurplus",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-122": {
"value": "3900000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:TreasuryShares",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-123": {
"value": "7200000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:TreasuryShares",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-124": {
"value": "10200000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ReserveOfExchangeDifferencesOnTranslation",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-125": {
"value": "6100000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ReserveOfExchangeDifferencesOnTranslation",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-126": {
"value": "1400000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CapitalRedemptionReserve",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-127": {
"value": "1400000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CapitalRedemptionReserve",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-128": {
"value": "864000000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:RetainedEarnings",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-129": {
"value": "1065900000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:RetainedEarnings",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-130": {
"value": "1776300000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-131": {
"value": "1974100000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-132": {
"value": "419400000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:LongtermBorrowings",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-133": {
"value": "421800000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:LongtermBorrowings",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-134": {
"value": "532700000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:NoncurrentLeaseLiabilities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-135": {
"value": "560100000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:NoncurrentLeaseLiabilities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-136": {
"value": "3100000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:NoncurrentDerivativeFinancialLiabilities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-137": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:NoncurrentDerivativeFinancialLiabilities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-138": {
"value": "63700000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:DeferredTaxLiabilities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-139": {
"value": "68300000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:DeferredTaxLiabilities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-140": {
"value": "14000000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:NoncurrentProvisions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-141": {
"value": "21600000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:NoncurrentProvisions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-142": {
"value": "1032900000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:NoncurrentLiabilities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-143": {
"value": "1071800000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:NoncurrentLiabilities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-144": {
"value": "7200000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CurrentPortionOfLongtermBorrowings",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-145": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CurrentPortionOfLongtermBorrowings",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-146": {
"value": "88700000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CurrentLeaseLiabilities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-147": {
"value": "94500000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CurrentLeaseLiabilities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-148": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:BankOverdraftsClassifiedAsCashEquivalents",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-149": {
"value": "13200000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:BankOverdraftsClassifiedAsCashEquivalents",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-150": {
"value": "100000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CurrentDerivativeFinancialLiabilities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-151": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CurrentDerivativeFinancialLiabilities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-152": {
"value": "864200000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:TradeAndOtherCurrentPayables",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-153": {
"value": "838200000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:TradeAndOtherCurrentPayables",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-154": {
"value": "41400000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CurrentProvisions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-155": {
"value": "39400000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CurrentProvisions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-156": {
"value": "1001600000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CurrentLiabilities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-157": {
"value": "985300000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CurrentLiabilities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-158": {
"value": "2034500000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Liabilities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-159": {
"value": "2057100000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Liabilities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-160": {
"value": "3810800000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:EquityAndLiabilities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-161": {
"value": "4031200000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:EquityAndLiabilities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-162": {
"value": "23800000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-02T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GBP"
}
},
"fact-163": {
"value": "545600000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-02T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GBP"
}
},
"fact-164": {
"value": "2900000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-02T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:GBP"
}
},
"fact-165": {
"value": "326500000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-02T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GBP"
}
},
"fact-166": {
"value": "10800000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-02T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RevaluationSurplusMember",
"unit": "iso4217:GBP"
}
},
"fact-167": {
"value": "-14100000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-02T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:GBP"
}
},
"fact-168": {
"value": "8400000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-02T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:GBP"
}
},
"fact-169": {
"value": "1400000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-02T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GBP"
}
},
"fact-170": {
"value": "1135000000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-02T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GBP"
}
},
"fact-171": {
"value": "2040300000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-02T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GBP"
}
},
"fact-172": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GBP"
}
},
"fact-173": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GBP"
}
},
"fact-174": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:GBP"
}
},
"fact-175": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GBP"
}
},
"fact-176": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RevaluationSurplusMember",
"unit": "iso4217:GBP"
}
},
"fact-177": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:GBP"
}
},
"fact-178": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:GBP"
}
},
"fact-179": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GBP"
}
},
"fact-180": {
"value": "-77400000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GBP"
}
},
"fact-181": {
"value": "-77400000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GBP"
}
},
"fact-182": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GBP"
}
},
"fact-183": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GBP"
}
},
"fact-184": {
"value": "300000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:GBP"
}
},
"fact-185": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GBP"
}
},
"fact-186": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RevaluationSurplusMember",
"unit": "iso4217:GBP"
}
},
"fact-187": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:GBP"
}
},
"fact-188": {
"value": "-2300000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:GBP"
}
},
"fact-189": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GBP"
}
},
"fact-190": {
"value": "25600000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GBP"
}
},
"fact-191": {
"value": "23600000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GBP"
}
},
"fact-192": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GBP"
}
},
"fact-193": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GBP"
}
},
"fact-194": {
"value": "300000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:GBP"
}
},
"fact-195": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GBP"
}
},
"fact-196": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RevaluationSurplusMember",
"unit": "iso4217:GBP"
}
},
"fact-197": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:GBP"
}
},
"fact-198": {
"value": "-2300000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:GBP"
}
},
"fact-199": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GBP"
}
},
"fact-200": {
"value": "-51800000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GBP"
}
},
"fact-201": {
"value": "-53800000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GBP"
}
},
"fact-202": {
"value": "-0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GBP"
}
},
"fact-203": {
"value": "-0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GBP"
}
},
"fact-204": {
"value": "-0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:GBP"
}
},
"fact-205": {
"value": "-0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GBP"
}
},
"fact-206": {
"value": "-0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RevaluationSurplusMember",
"unit": "iso4217:GBP"
}
},
"fact-207": {
"value": "-0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:GBP"
}
},
"fact-208": {
"value": "-0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:GBP"
}
},
"fact-209": {
"value": "-0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GBP"
}
},
"fact-210": {
"value": "23200000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GBP"
}
},
"fact-211": {
"value": "23200000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GBP"
}
},
"fact-212": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GBP"
}
},
"fact-213": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GBP"
}
},
"fact-214": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:GBP"
}
},
"fact-215": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GBP"
}
},
"fact-216": {
"value": "-1300000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RevaluationSurplusMember",
"unit": "iso4217:GBP"
}
},
"fact-217": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:GBP"
}
},
"fact-218": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:GBP"
}
},
"fact-219": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GBP"
}
},
"fact-220": {
"value": "1500000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GBP"
}
},
"fact-221": {
"value": "200000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GBP"
}
},
"fact-222": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GBP"
}
},
"fact-223": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GBP"
}
},
"fact-224": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:GBP"
}
},
"fact-225": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GBP"
}
},
"fact-226": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RevaluationSurplusMember",
"unit": "iso4217:GBP"
}
},
"fact-227": {
"value": "100000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:GBP"
}
},
"fact-228": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:GBP"
}
},
"fact-229": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GBP"
}
},
"fact-230": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GBP"
}
},
"fact-231": {
"value": "100000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GBP"
}
},
"fact-232": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GBP"
}
},
"fact-233": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GBP"
}
},
"fact-234": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:GBP"
}
},
"fact-235": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GBP"
}
},
"fact-236": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RevaluationSurplusMember",
"unit": "iso4217:GBP"
}
},
"fact-237": {
"value": "6800000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:GBP"
}
},
"fact-238": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:GBP"
}
},
"fact-239": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GBP"
}
},
"fact-240": {
"value": "-6800000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GBP"
}
},
"fact-241": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GBP"
}
},
"fact-242": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughExerciseOfOptions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GBP"
}
},
"fact-243": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughExerciseOfOptions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GBP"
}
},
"fact-244": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughExerciseOfOptions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:GBP"
}
},
"fact-245": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughExerciseOfOptions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GBP"
}
},
"fact-246": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughExerciseOfOptions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RevaluationSurplusMember",
"unit": "iso4217:GBP"
}
},
"fact-247": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughExerciseOfOptions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:GBP"
}
},
"fact-248": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughExerciseOfOptions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:GBP"
}
},
"fact-249": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughExerciseOfOptions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GBP"
}
},
"fact-250": {
"value": "-1200000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughExerciseOfOptions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GBP"
}
},
"fact-251": {
"value": "-1200000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughExerciseOfOptions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GBP"
}
},
"fact-252": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GBP"
}
},
"fact-253": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GBP"
}
},
"fact-254": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:GBP"
}
},
"fact-255": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GBP"
}
},
"fact-256": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RevaluationSurplusMember",
"unit": "iso4217:GBP"
}
},
"fact-257": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:GBP"
}
},
"fact-258": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:GBP"
}
},
"fact-259": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GBP"
}
},
"fact-260": {
"value": "11700000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GBP"
}
},
"fact-261": {
"value": "11700000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GBP"
}
},
"fact-262": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "trav:Reclassifications",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GBP"
}
},
"fact-263": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "trav:Reclassifications",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GBP"
}
},
"fact-264": {
"value": "-700000.0",
"decimals": -5,
"dimensions": {
"concept": "trav:Reclassifications",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:GBP"
}
},
"fact-265": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "trav:Reclassifications",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GBP"
}
},
"fact-266": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "trav:Reclassifications",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RevaluationSurplusMember",
"unit": "iso4217:GBP"
}
},
"fact-267": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "trav:Reclassifications",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:GBP"
}
},
"fact-268": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "trav:Reclassifications",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:GBP"
}
},
"fact-269": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "trav:Reclassifications",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GBP"
}
},
"fact-270": {
"value": "700000.0",
"decimals": -5,
"dimensions": {
"concept": "trav:Reclassifications",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GBP"
}
},
"fact-271": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "trav:Reclassifications",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GBP"
}
},
"fact-272": {
"value": "23800000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-02T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GBP"
}
},
"fact-273": {
"value": "545600000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-02T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GBP"
}
},
"fact-274": {
"value": "2500000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-02T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:GBP"
}
},
"fact-275": {
"value": "326500000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-02T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GBP"
}
},
"fact-276": {
"value": "9500000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-02T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RevaluationSurplusMember",
"unit": "iso4217:GBP"
}
},
"fact-277": {
"value": "-7200000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-02T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:GBP"
}
},
"fact-278": {
"value": "6100000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-02T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:GBP"
}
},
"fact-279": {
"value": "1400000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-02T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GBP"
}
},
"fact-280": {
"value": "1065900000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-02T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GBP"
}
},
"fact-281": {
"value": "1974100000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-02T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GBP"
}
},
"fact-282": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GBP"
}
},
"fact-283": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GBP"
}
},
"fact-284": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:GBP"
}
},
"fact-285": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GBP"
}
},
"fact-286": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RevaluationSurplusMember",
"unit": "iso4217:GBP"
}
},
"fact-287": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:GBP"
}
},
"fact-288": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:GBP"
}
},
"fact-289": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GBP"
}
},
"fact-290": {
"value": "-176300000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GBP"
}
},
"fact-291": {
"value": "-176300000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GBP"
}
},
"fact-292": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GBP"
}
},
"fact-293": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GBP"
}
},
"fact-294": {
"value": "-2000000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:GBP"
}
},
"fact-295": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GBP"
}
},
"fact-296": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RevaluationSurplusMember",
"unit": "iso4217:GBP"
}
},
"fact-297": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:GBP"
}
},
"fact-298": {
"value": "4100000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:GBP"
}
},
"fact-299": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GBP"
}
},
"fact-300": {
"value": "-3200000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GBP"
}
},
"fact-301": {
"value": "-1100000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GBP"
}
},
"fact-302": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GBP"
}
},
"fact-303": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GBP"
}
},
"fact-304": {
"value": "-2000000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:GBP"
}
},
"fact-305": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GBP"
}
},
"fact-306": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RevaluationSurplusMember",
"unit": "iso4217:GBP"
}
},
"fact-307": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:GBP"
}
},
"fact-308": {
"value": "4100000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:GBP"
}
},
"fact-309": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GBP"
}
},
"fact-310": {
"value": "-179500000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GBP"
}
},
"fact-311": {
"value": "-177400000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GBP"
}
},
"fact-312": {
"value": "-0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GBP"
}
},
"fact-313": {
"value": "-0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GBP"
}
},
"fact-314": {
"value": "-0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:GBP"
}
},
"fact-315": {
"value": "-0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GBP"
}
},
"fact-316": {
"value": "-0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RevaluationSurplusMember",
"unit": "iso4217:GBP"
}
},
"fact-317": {
"value": "-0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:GBP"
}
},
"fact-318": {
"value": "-0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:GBP"
}
},
"fact-319": {
"value": "-0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GBP"
}
},
"fact-320": {
"value": "28600000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GBP"
}
},
"fact-321": {
"value": "28600000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GBP"
}
},
"fact-322": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GBP"
}
},
"fact-323": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GBP"
}
},
"fact-324": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:GBP"
}
},
"fact-325": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GBP"
}
},
"fact-326": {
"value": "-1300000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RevaluationSurplusMember",
"unit": "iso4217:GBP"
}
},
"fact-327": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:GBP"
}
},
"fact-328": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:GBP"
}
},
"fact-329": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GBP"
}
},
"fact-330": {
"value": "1900000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GBP"
}
},
"fact-331": {
"value": "600000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GBP"
}
},
"fact-332": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GBP"
}
},
"fact-333": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GBP"
}
},
"fact-334": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:GBP"
}
},
"fact-335": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GBP"
}
},
"fact-336": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RevaluationSurplusMember",
"unit": "iso4217:GBP"
}
},
"fact-337": {
"value": "3300000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:GBP"
}
},
"fact-338": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:GBP"
}
},
"fact-339": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GBP"
}
},
"fact-340": {
"value": "-3300000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GBP"
}
},
"fact-341": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GBP"
}
},
"fact-342": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GBP"
}
},
"fact-343": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GBP"
}
},
"fact-344": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:GBP"
}
},
"fact-345": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GBP"
}
},
"fact-346": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RevaluationSurplusMember",
"unit": "iso4217:GBP"
}
},
"fact-347": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:GBP"
}
},
"fact-348": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:GBP"
}
},
"fact-349": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GBP"
}
},
"fact-350": {
"value": "7600000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GBP"
}
},
"fact-351": {
"value": "7600000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GBP"
}
},
"fact-352": {
"value": "23800000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GBP"
}
},
"fact-353": {
"value": "545600000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GBP"
}
},
"fact-354": {
"value": "500000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:GBP"
}
},
"fact-355": {
"value": "326500000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GBP"
}
},
"fact-356": {
"value": "8200000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RevaluationSurplusMember",
"unit": "iso4217:GBP"
}
},
"fact-357": {
"value": "-3900000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:GBP"
}
},
"fact-358": {
"value": "10200000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:GBP"
}
},
"fact-359": {
"value": "1400000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GBP"
}
},
"fact-360": {
"value": "864000000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GBP"
}
},
"fact-361": {
"value": "1776300000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GBP"
}
},
"fact-362": {
"value": "-134700000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLossBeforeTax",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-363": {
"value": "-38400000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLossBeforeTax",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-364": {
"value": "66000000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDepreciationExpense",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-365": {
"value": "79800000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDepreciationExpense",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-366": {
"value": "87400000.0",
"decimals": -5,
"dimensions": {
"concept": "trav:DepreciationOfRightOfUseAssets",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-367": {
"value": "96800000.0",
"decimals": -5,
"dimensions": {
"concept": "trav:DepreciationOfRightOfUseAssets",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-368": {
"value": "3700000.0",
"decimals": -5,
"dimensions": {
"concept": "trav:AmortisationOfOtherIntangibles",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-369": {
"value": "3600000.0",
"decimals": -5,
"dimensions": {
"concept": "trav:AmortisationOfOtherIntangibles",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-370": {
"value": "7800000.0",
"decimals": -5,
"dimensions": {
"concept": "trav:AmortisationOfAcquisitionRelatedIntangibles",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-371": {
"value": "10400000.0",
"decimals": -5,
"dimensions": {
"concept": "trav:AmortisationOfAcquisitionRelatedIntangibles",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-372": {
"value": "7700000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForSharebasedPayments",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-373": {
"value": "11700000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForSharebasedPayments",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-374": {
"value": "9900000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-375": {
"value": "11300000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-376": {
"value": "9800000.0",
"decimals": -5,
"dimensions": {
"concept": "trav:PurchaseOfToolHireAssets",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-377": {
"value": "3800000.0",
"decimals": -5,
"dimensions": {
"concept": "trav:PurchaseOfToolHireAssets",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-378": {
"value": "-20100000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:FinanceIncomeReceivedClassifiedAsOperatingActivities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-379": {
"value": "-11100000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:FinanceIncomeReceivedClassifiedAsOperatingActivities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-380": {
"value": "58200000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:FinanceCostsPaidClassifiedAsOperatingActivities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-381": {
"value": "51800000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:FinanceCostsPaidClassifiedAsOperatingActivities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-382": {
"value": "-24500000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInInventories",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-383": {
"value": "63600000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInInventories",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-384": {
"value": "125700000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInTradeAccountReceivable",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-385": {
"value": "-76100000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInTradeAccountReceivable",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-386": {
"value": "33900000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForIncreaseDecreaseInTradeAccountPayable",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-387": {
"value": "18000000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForIncreaseDecreaseInTradeAccountPayable",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-388": {
"value": "214700000.0",
"decimals": -5,
"dimensions": {
"concept": "trav:AdjustingItemsPaymentsLessThanTheCharge",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-389": {
"value": "119200000.0",
"decimals": -5,
"dimensions": {
"concept": "trav:AdjustingItemsPaymentsLessThanTheCharge",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-390": {
"value": "406100000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInOperations",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-391": {
"value": "314200000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInOperations",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-392": {
"value": "21700000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncomeTaxesPaidClassifiedAsOperatingActivities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-393": {
"value": "20900000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncomeTaxesPaidClassifiedAsOperatingActivities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-394": {
"value": "384400000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInOperatingActivitiesContinuingOperations",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-395": {
"value": "293300000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInOperatingActivitiesContinuingOperations",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-396": {
"value": "-9100000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInOperatingActivitiesDiscontinuedOperations",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-397": {
"value": "-15900000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInOperatingActivitiesDiscontinuedOperations",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-398": {
"value": "375300000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInOperatingActivities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-399": {
"value": "277400000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInOperatingActivities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-400": {
"value": "11700000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:InterestReceivedClassifiedAsInvestingActivities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-401": {
"value": "5800000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:InterestReceivedClassifiedAsInvestingActivities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-402": {
"value": "52000000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-403": {
"value": "63000000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-404": {
"value": "27000000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-405": {
"value": "12300000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-406": {
"value": "46800000.0",
"decimals": -5,
"dimensions": {
"concept": "trav:PurchasesOfOtherPropertyPlantAndEquipment",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-407": {
"value": "55800000.0",
"decimals": -5,
"dimensions": {
"concept": "trav:PurchasesOfOtherPropertyPlantAndEquipment",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-408": {
"value": "3500000.0",
"decimals": -5,
"dimensions": {
"concept": "trav:PurchaseDevelopmentOfComputerSoftware",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-409": {
"value": "4100000.0",
"decimals": -5,
"dimensions": {
"concept": "trav:PurchaseDevelopmentOfComputerSoftware",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-410": {
"value": "20800000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-411": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-412": {
"value": "7200000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInInvestingActivitiesContinuingOperations",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-413": {
"value": "-3400000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInInvestingActivitiesContinuingOperations",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-414": {
"value": "7200000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInInvestingActivities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-415": {
"value": "-3400000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInInvestingActivities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-416": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProceedsFromSaleOrIssueOfTreasuryShares",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-417": {
"value": "100000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProceedsFromSaleOrIssueOfTreasuryShares",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-418": {
"value": "95900000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-419": {
"value": "93800000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-420": {
"value": "28600000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:DividendsPaidClassifiedAsFinancingActivities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-421": {
"value": "23200000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:DividendsPaidClassifiedAsFinancingActivities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-422": {
"value": "250500000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-423": {
"value": "0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-424": {
"value": "248700000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:RepaymentsOfBondsNotesAndDebentures",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-425": {
"value": "-0.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:RepaymentsOfBondsNotesAndDebentures",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-426": {
"value": "31900000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:InterestPaidClassifiedAsFinancingActivities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-427": {
"value": "25300000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:InterestPaidClassifiedAsFinancingActivities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-428": {
"value": "29700000.0",
"decimals": -5,
"dimensions": {
"concept": "trav:InterestOnLeaseLiabilities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-429": {
"value": "29600000.0",
"decimals": -5,
"dimensions": {
"concept": "trav:InterestOnLeaseLiabilities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-430": {
"value": "-184300000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInFinancingActivitiesContinuingOperations",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-431": {
"value": "-171800000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInFinancingActivitiesContinuingOperations",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-432": {
"value": "-2500000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-433": {
"value": "-2500000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-434": {
"value": "-186800000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInFinancingActivities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-435": {
"value": "-174300000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInFinancingActivities",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-436": {
"value": "195700000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseInCashAndCashEquivalents",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-437": {
"value": "99700000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseInCashAndCashEquivalents",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-438": {
"value": "231200000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-02T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-439": {
"value": "131500000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2024-01-02T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-440": {
"value": "426900000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-441": {
"value": "231200000.0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-442": {
"value": "GENERAL INFORMATION
Overview
Travis Perkins plc is a Company incorporated in the United Kingdom, England and Wales, under the
Companies Act 2006. The address of the registered office is given on page 157. The nature of the Group\u2019s
operations and its principal activities are set out in the Strategic report on pages 6 to 25.
These financial statements are presented in pounds sterling, the currency of the primary economic
environment in which the Group operates, and presented rounded to the nearest \u00a3100,000 unless
otherwise stated.
Basis of accounting
The Group financial statements have been prepared in accordance with UK-adopted international
accounting standards.
The Company has elected to prepare its Parent Company financial statements in accordance with FRS 101;
these are presented on pages 155 to 161.
Basis of preparation
The financial statements have been prepared on the historical cost basis, except that derivatives, other
financial instruments and contingent consideration arising from business combinations are stated at fair
value through profit and loss and designated financial instruments are stated at fair value through other
comprehensive income. The consolidated financial statements include the accounts of the Company and
all entities controlled by the Company (its subsidiaries, together referred to as \u201cthe Group\u201d) from the date
control commences until the date that control ceases. Control is achieved where the Company:
\u2022 Has power over the investee.
\u2022 Is exposed or has rights to a variable return from the involvement with the investee.
\u2022 Has the ability to use its power to affect its returns.
As such, the results of subsidiaries acquired are included in the consolidated income statement from the
effective date of acquisition.
Foreign currencies
Transactions denominated in foreign currencies are recorded at the rates ruling on the date of the transaction.
At the balance sheet date, monetary assets and liabilities denominated in foreign currencies are translated
at the rate of exchange ruling at that date. Foreign exchange differences arising on translation are recognised
in the income statement.
The results of subsidiaries accounted for in foreign currencies are translated at the average monthly
exchange rate for items of profit and loss and at the closing exchange rate for balance sheet items.
The exchange differences are recorded in the foreign exchange reserve.
Going concern
After reviewing the Group\u2019s forecasts and risk assessments and making other enquiries, the Board has
formed the judgement at the time of approving the financial statements that there is a reasonable
expectation that the Group has adequate resources to continue in operational existence for the 12 months
from the date of signing this Annual Report and Accounts. For this reason the Board continues to adopt the
going concern basis in preparing the financial statements.
In arriving at their opinion the Directors considered:
\u2022 The Group\u2019s cash flow forecasts and revenue projections.
\u2022 The impact on trading performance of severe but plausible downside scenarios. Key assumptions
include significant reductions in revenue and limited reductions in fixed overheads, as well as mitigating
actions such as delayed capital expenditure, reduced overhead investment and dividends.
\u2022 The committed debt facilities available to the Group and the covenants thereon.
\u2022 The Group\u2019s debt maturity profile.
\u2022 The Group\u2019s robust policy towards liquidity and cash flow management.
\u2022 The Group\u2019s ability to successfully manage the principal risk and uncertainties outlined on pages 52 to
59 during periods of uncertain economic outlook and challenging macroeconomic conditions.
The downside scenarios tested, outlining the impact of severe but plausible adverse scenarios based on
a severe recession and housing market weakness, show that there is sufficient headroom for liquidity and
covenant compliance purposes for at least the next 12 months from the date of approval of these financial
statements. The going concern assessment is not sensitive to estimates on inflation.
Material accounting policies
The principal accounting policies adopted in preparing the financial statements are provided throughout the
notes to the financial statements.
Key judgements and estimates
The preparation of financial statements requires the Directors to make estimates and assumptions
about future events that affect the reported amounts of assets and liabilities and disclosure of contingent
assets and liabilities. Future events and their effects cannot be determined with certainty. Therefore,
the determination of estimates requires the exercise of judgement based on various assumptions and
other factors such as historical experience and current and expected economic conditions. The Directors
frequently re-evaluate these significant factors and make adjustments as facts and circumstances dictate.
Key judgements and estimates, including those that have a significant risk of resulting in a material
adjustment to the carrying amount of assets and liabilities within the next financial year, are found in the
following notes:
Page Note Description
138 18 Pension liability assumptions
148 28 Impairment reviews for goodwill and for branch assets
Those listed above are key sources of estimation uncertainty for the Group.
The notes are organised into the following sections:
Income and expenses: Provides a breakdown of individual line items in the income statement and
summarises the accounting policies, judgements and estimates relevant to understanding these items.
Assets and liabilities: Provides a breakdown of individual line items in the balance sheet and summarises
the accounting policies, judgements and estimates relevant to understanding these items.
Capital: Provides information about the capital management practices of the Group and shareholder returns
for the year.
Risks: Discusses the Group\u2019s impairment testing and the exposure to various financial risks, explains how
these affect the Group\u2019s financial position and performance and what the Group does to manage these risks.
People: Provides information about the number of people employed by the Group and associated costs.
Other: Provides information on items which require disclosure, but are not considered critical in
understanding the financial performance or position of the Group.
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfGeneralInformationAboutFinancialStatementsExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-443": {
"value": "Travis Perkins plc",
"dimensions": {
"concept": "ifrs-full:NameOfReportingEntityOrOtherMeansOfIdentification",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-444": {
"value": "United Kingdom",
"dimensions": {
"concept": "ifrs-full:CountryOfIncorporation",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-445": {
"value": "These financial statements are presented in pounds sterling, the currency of the primary economic environment in which the Group operates, and presented rounded to the nearest \u00a3100,000 unless otherwise stated. ",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForFunctionalCurrencyExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-446": {
"value": "pounds sterling",
"dimensions": {
"concept": "ifrs-full:DescriptionOfPresentationCurrency",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-447": {
"value": "The Group financial statements have been prepared in accordance with UK-adopted international accounting standards. ",
"dimensions": {
"concept": "ifrs-full:StatementOfIFRSCompliance",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-448": {
"value": "Basis of preparation The financial statements have been prepared on the historical cost basis, except that derivatives, other financial instruments and contingent consideration arising from business combinations are stated at fair value through profit and loss and designated financial instruments are stated at fair value through other comprehensive income. The consolidated financial statements include the accounts of the Company and all entities controlled by the Company (its subsidiaries, together referred to as \u201cthe Group\u201d) from the date control commences until the date that control ceases. Control is achieved where the Company: \u2022 Has power over the investee. \u2022 Is exposed or has rights to a variable return from the involvement with the investee. \u2022 Has the ability to use its power to affect its returns. As such, the results of subsidiaries acquired are included in the consolidated income statement from the effective date of acquisition. ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-449": {
"value": "The consolidated financial statements include the accounts of the Company and all entities controlled by the Company (its subsidiaries, together referred to as \u201cthe Group\u201d) from the date control commences until the date that control ceases. Control is achieved where the Company: \u2022 Has power over the investee. \u2022 Is exposed or has rights to a variable return from the involvement with the investee. \u2022 Has the ability to use its power to affect its returns. As such, the results of subsidiaries acquired are included in the consolidated income statement from the effective date of acquisition. ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfBasisOfConsolidationExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-450": {
"value": "The consolidated financial statements include the accounts of the Company and all entities controlled by the Company (its subsidiaries, together referred to as \u201cthe Group\u201d) from the date control commences until the date that control ceases.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfNatureOfFinancialStatements",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-451": {
"value": "Foreign currencies Transactions denominated in foreign currencies are recorded at the rates ruling on the date of the transaction. At the balance sheet date, monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at that date. Foreign exchange differences arising on translation are recognised in the income statement. The results of subsidiaries accounted for in foreign currencies are translated at the average monthly exchange rate for items of profit and loss and at the closing exchange rate for balance sheet items. The exchange differences are recorded in the foreign exchange reserve. ",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-452": {
"value": "Going concern After reviewing the Group\u2019s forecasts and risk assessments and making other enquiries, the Board has formed the judgement at the time of approving the financial statements that there is a reasonable expectation that the Group has adequate resources to continue in operational existence for the 12 months from the date of signing this Annual Report and Accounts. For this reason the Board continues to adopt the going concern basis in preparing the financial statements. In arriving at their opinion the Directors considered: \u2022 The Group\u2019s cash flow forecasts and revenue projections. \u2022 The impact on trading performance of severe but plausible downside scenarios. Key assumptions include significant reductions in revenue and limited reductions in fixed overheads, as well as mitigating actions such as delayed capital expenditure, reduced overhead investment and dividends. \u2022 The committed debt facilities available to the Group and the covenants thereon. \u2022 The Group\u2019s debt maturity profile. \u2022 The Group\u2019s robust policy towards liquidity and cash flow management. \u2022 The Group\u2019s ability to successfully manage the principal risk and uncertainties outlined on pages 52 to 59 during periods of uncertain economic outlook and challenging macroeconomic conditions. The downside scenarios tested, outlining the impact of severe but plausible adverse scenarios based on a severe recession and housing market weakness, show that there is sufficient headroom for liquidity and covenant compliance purposes for at least the next 12 months from the date of approval of these financial statements. The going concern assessment is not sensitive to estimates on inflation. ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfGoingConcernExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-453": {
"value": "Material accounting policies The principal accounting policies adopted in preparing the financial statements are provided throughout the notes to the financial statements",
"dimensions": {
"concept": "ifrs-full:DisclosureOfMaterialAccountingPolicyInformationExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-454": {
"value": "Key judgements and estimates The preparation of financial statements requires the Directors to make estimates and assumptions about future events that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities. Future events and their effects cannot be determined with certainty. Therefore, the determination of estimates requires the exercise of judgement based on various assumptions and other factors such as historical experience and current and expected economic conditions. The Directors frequently re-evaluate these significant factors and make adjustments as facts and circumstances dictate. Key judgements and estimates, including those that have a significant risk of resulting in a material adjustment to the carrying amount of assets and liabilities within the next financial year, are found in the following notes: Page Note Description 138 18 Pension liability assumptions 148 28 Impairment reviews for goodwill and for branch assets Those listed above are key sources of estimation uncertainty for the Group. ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfAccountingJudgementsAndEstimatesExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-455": {
"value": "For the year ended 31 December 2025",
"dimensions": {
"concept": "ifrs-full:PeriodCoveredByFinancialStatements",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-456": {
"value": "1. Revenue Accounting policy Revenue recognition Revenue is recognised when the Group has satisfied its performance obligations to the customer and the customer has obtained control of the goods or services being transferred. Performance obligations to the customer in respect of sales of goods are satisfied on delivery or collection by customer. Payments are typically due from credit customers not later than the last day of the month following the month of delivery. Revenue is measured at the transaction price received or receivable and represents amounts receivable for goods and services provided in the normal course of business, net of discounts and value added tax. For the Group sale of services revenue comprises tool hire. Tool hire revenue is recognised under IFRS 16 \u2013 Leases. Customer rebates Where the Group has rebate agreements with its customers, the value of variable income with respect to customer rebates is calculated in accordance with the agreements in place so that the amount recognised as revenue in the year is based on the amount which is highly probable not to reverse. a. Revenue \u00a3m 2025 2024 Sale of goods 4,403.6 4,439.9 Sale of services 161.0 167.5 4,564.6 4,607.4 All revenue arose in the UK except for \u00a3109.8m (2024: \u00a3109.1m) arising in Europe 1. Revenue continued b. Revenue reconciliation and like-for-like sales \u00a3m Merchanting Toolstation Total 2024 revenue 3,786.3 821.1 4,607.4 Network change (48.1) (6.8) (54.9) Trading days (24.6) (2.1) (26.7) 2024 like-for-like revenue 3,713.6 812.2 4,525.8 Like-for-like change (4.7) 19.7 15.0 2025 like-for-like revenue 3,708.9 831.9 4,540.8 Network change 13.3 10.5 23.8 2025 revenue 3,722.2 842.4 4,564.6 Like-for-like revenue (decline)/growth (0.1%) 2.4% 0.3% Total revenue (decline)/growth (1.7%) 2.7% (0.9%) Like-for-like sales are a measure of underlying sales performance for two successive periods. Branches and stores contribute to like-for-like sales once they have been trading for more than 12 months. Revenue included in like-for-like is for the equivalent times in both years being compared. When branches close, revenue is excluded from the prior year figures for the months equivalent to the post-closure period in the current year. The network change adjustment removes the impact of branches opened or closed within the last 12 months and the trading days adjustment removes the impact of different numbers of working days in the year in order to make the periods comparable.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfRevenueExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-457": {
"value": "Accounting policy
Revenue recognition
Revenue is recognised when the Group has satisfied its performance obligations to the customer and
the customer has obtained control of the goods or services being transferred. Performance obligations to
the customer in respect of sales of goods are satisfied on delivery or collection by customer. Payments
are typically due from credit customers not later than the last day of the month following the month of
delivery. Revenue is measured at the transaction price received or receivable and represents amounts
receivable for goods and services provided in the normal course of business, net of discounts and value
added tax. For the Group sale of services revenue comprises tool hire. Tool hire revenue is recognised
under IFRS 16 \u2013 Leases.
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForRecognitionOfRevenue",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-458": {
"value": "2. Profit a. Operating profit \u00a3m 2025 2024 Operating (loss)/profit (96.6) 2.3 Adjusting items (note 3) 222.2 139.1 Amortisation of acquisition-related intangible assets 7.8 10.4 Adjusted operating profit 133.4 151.8 Less: profit on disposal of properties (9.9) (11.3) Adjusted operating profit excluding property profits 123.5 140.5 During the year the Group recognised a loss on the disposal of plant and equipment of \u00a30.6m (2024: Gain of \u00a30.8m). b. Adjusted profit \u00a3m 2025 2024 Loss before tax (134.7) (38.4) Adjusting items (note 3) 222.2 139.1 Amortisation of acquisition-related intangible assets 7.8 10.4 Adjusted profit before tax 95.3 111.1 Total tax (41.6) (2.2) Adjusting tax charge (note 3) 27. 2 \u2013 Tax on adjusting items (13.8) (29.0) Tax on amortisation of acquisition-related intangible assets (1.9) (2.6) Adjusted profit after tax 65.2 77. 3 Adjusted profit excludes adjusting items and amortisation of acquisition-related intangible assets.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfTradingIncomeExpenseExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-459": {
"value": "3. Adjusting items Accounting policy Adjusting items are those items of income and expenditure that, individually or in aggregate, by reference to the Group, are material in size and unusual in nature or incidence and that in the judgement of the Directors should be disclosed separately on the face of the financial statements (or in the notes in the case of a segment) to ensure both that the reader has a clear understanding of the Group\u2019s underlying financial performance and that there is comparability of financial performance between periods. Items of income or expense that are considered by the Directors for designation as adjusting items include, but are not limited to, significant one-year or multi-year restructuring programmes, onerous contracts, write-downs or impairments of assets, the costs of acquiring and integrating businesses, gains or losses on disposals of businesses and investments, re-measurement gains or losses arising from changes in the fair value of derivative financial instruments to the extent that hedge accounting is not achieved or is not effective, pension scheme curtailment gains and the effect of changes in corporation tax rates on deferred tax balances. a. Adjusting operating items \u00a3m 2025 2024 Merchanting impairments (note 28) 111.0 62.7 Toolstation Europe impairment and restructuring 98.6 \u2013 Restructuring 12.4 43.7 Staircraft impairment and disposal 3.0 32.7 Adjustments to prior year adjusting operating items (2.8) \u2013 222.2 139.1 Merchanting impairments The 2025 full branch-level impairment review identified 196 branches where the carrying value of the branch\u2019s assets was above the value of the discounted future cash flows generated from those assets. The total impairment recognised in relation to these branches is \u00a367.4m (2024: \u00a362.7m). In the majority of cases the branches are expected to deliver a positive contribution in 2026 with the vast majority delivering a positive contribution in the future, based on cautious financial planning assumptions. An impairment of \u00a343.6m has been recognised following the annual impairment review of the CCF business as a result of challenging trading conditions in its markets, for more information refer to note 28. Toolstation Europe The Toolstation Europe impairment charge relates to the write-down of goodwill, property and right-of-use assets in the Toolstation Benelux business by \u00a3105.5m (note 28). The Toolstation Europe restructuring charge relates to restructuring costs in Toolstation Benelux and adjustments in respect of redundancy provisions and gains on the early exit of leases related to Toolstation France recognised in the previous year resulting in a release of \u00a36.9m. Restructuring The restructuring charge of \u00a312.4m relates to severance payments made as a result of headcount reductions, with these roles being in central functions or regional support teams. In 2024 there were \u00a343.7m of adjusting items related to central and regional restructuring, supply chain consolidation and the closure of 39 standalone Benchmarx branches. Staircraft The Staircraft business was sold during the year for consideration of \u00a320.8m and resulted in a loss on disposal of \u00a33.0m. For more information refer to note 30. In 2024 an impairment charge of \u00a332.7m was recognised in respect of the annual impairment review of the Staircraft business. Adjustments to prior year adjusting operating items The adjustments to prior year adjusting items relates to the release of property and stock provisions recognised as adjusting in prior periods. b. Adjusting tax The adjusting tax charge of \u00a327.2m arises principally from the derecognition of the deferred tax asset relating to the tax losses generated by the Group\u2019s Toolstation Netherlands business (\u00a320.2m) as the recognition criteria of IAS 12 \u2013 Income Taxes are not met. See note 28 for further information on the forecast cash flows of this business. The remaining charge is a prior year adjustment relating to deferred tax on the tax treatment of prior year adjusting items a. Other operating income Other operating income of \u00a33.5m (2024: \u00a34.0m) relates to external rental income from the lease of ex- trading properties and surplus units in trade parks owned by the Group to external tenants",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForExceptionalItemsExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-460": {
"value": "4. Other operating income and auditor\u2019s remuneration
a. Other operating income
Other operating income of \u00a33.5m (2024: \u00a34.0m) relates to external rental income from the lease of ex-
trading properties and surplus units in trade parks owned by the Group to external tenants.
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfOtherOperatingIncomeExpenseExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-461": {
"value": "b. Auditor\u2019s remuneration During the year the Group incurred the following costs for services provided by the Company\u2019s auditor: \u00a3m 2025 2024 Fees payable to the Company\u2019s auditor for audit services: Audit of the Company\u2019s annual accounts 1.3 0.5 Audit of the Company\u2019s subsidiaries 1.5 2.2 Additional fees payable for the prior period audit 1.4 0.4 Fees paid to the Company\u2019s auditor for other services: Audit-related assurance services 0.1 0.1 4.3 3.2 The 2025 fees were payable to Deloitte LLP, with the exception of the additional fees payable for the prior period audit which were payable to the Group\u2019s previous auditor, KPMG LLP. All 2024 fees were payable to KPMG LLP. A description of the work of the Audit Committee is set out in the Audit Committee report on pages 74 to 77 and includes an explanation of how auditor objectivity and independence is safeguarded when the auditor provides non-audit services.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfAuditorsRemunerationExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-462": {
"value": "5. Business segments The operating segments are identified on the basis of internal reports about components of the Group that are regularly reviewed by the Chief Operating Decision Maker (\u201cCODM\u201d), which is considered to be the Board, to assess performance and allocate capital. Both operating segments sell building materials to a wide range of customers, none of which are dominant, and operate predominantly in the United Kingdom. The Merchanting segment sells building materials at prices specifically negotiated with customers, with variation in the products offered in each branch. The Toolstation segment includes both the UK and Benelux business, and sells building materials at a fixed price, with a fixed range in each store. Segmental operating profit represents the result of each segment without allocation of certain central costs, finance costs and tax. Segmental adjusted operating profit is the result of each segment before adjusting items, the amortisation of acquisition-related intangible assets and property profits. Unallocated segment assets and liabilities comprise financial instruments, current and deferred tax, cash, borrowings and pension scheme assets and liabilities. For the purposes of monitoring segment performance and allocating resources between segments, the Group\u2019s leadership team monitors the tangible, intangible and financial assets attributable to each segment. All assets are allocated to reportable segments with the exception of investments in associates, other financial assets (except for trade and other receivables) and tax assets. Assets used jointly by reportable segments are allocated on the basis of the revenues earned by individual reportable segments . a. Segment information \u00a3m 2025 Merchanting Toolstation Unallocated Consolidated Revenue 3,722.2 842.4 \u2013 4,564.6 Operating profit/(loss) 2.9 (68.4) (31.1) (96.6) Amortisation of acquisition-related intangible assets 5.4 2.4 \u2013 7.8 Adjusting items 123.2 99.0 \u2013 222.2 Less property profits (9.9) \u2013 \u2013 (9.9) Segmental adjusted operating profit 121.6 33.0 (31.1) 123.5 Adjusted operating margin 3.3% 3.9% \u2013 2.7% Average capital employed 2,056.0 480.5 (16.3) 2,520.2 Segmental return on capital employed 5.9% 6.9% Segment assets 2,626.0 617.6 567.2 3,810.8 Segment liabilities (1,129.9) (385.1) (519.5) (2,034.5) Consolidated net assets 1,496.1 232.5 47.7 1,776.3 Capital expenditure excluding property 45.2 15.0 \u2013 60.2 Depreciation of fixed assets and software amortisation 47.6 22.1 \u2013 69.7 Depreciation of right-of-use assets 55.0 32.4 \u2013 87.4 \u00a3m 2024 Merchanting Toolstation Unallocated Consolidated Revenue 3,786.3 821.1 \u2013 4,607.4 Operating profit 19.5 12.0 (29.2) 2.3 Amortisation of acquisition-related intangible assets 7.6 2.8 \u2013 10.4 Adjusting items 132.6 6.5 \u2013 139.1 Less property profits (11.3) \u2013 \u2013 (11.3) Segmental adjusted operating profit 148.4 21.3 (29.2) 140.5 Adjusted operating margin 3.9% 2.6% \u2013 3.0% Average capital employed 2,232.5 564.3 12.4 2,809.2 Segmental return on capital employed 6.6% 3.8% Segment assets 2,888.0 726.6 416.6 4,031.2 Segment liabilities (1,165.3) (380.9) (510.9) (2,057.1) Consolidated net assets 1,722.7 345.7 (94.3) 1,974.1 Capital expenditure excluding property 51.4 12.6 \u2013 64.0 Depreciation of fixed assets and software amortisation 75.3 18.5 \u2013 93.8 Depreciation of right-of-use assets 67.4 29.4 \u2013 96.8 b. Unallocated segment assets and liabilities Unallocated segment assets and liabilities comprise the following: \u00a3m 2025 2024 Assets Financial instruments 1.3 3.3 Property, plant and equipment 8.7 16.5 Cash and cash equivalents 426.9 244.4 Retirement benefit surplus 118.1 116.9 Unallocated corporate assets 11.7 18.0 Tax debtor 0.5 \u2013 Deferred tax asset \u2013 17. 5 567.2 416.6 Liabilities Financial instruments (3.2) \u2013 Deferred tax liabilities (63.7) (68.3) Interest-bearing loans, borrowings and loan notes (426.6) (435.0) Unallocated corporate liabilities (26.1) (7.6) (519.6) (510.9) Non-current assets with a carrying value of \u00a3nil (2024: \u00a3101.8m) owned by the Toolstation Europe businesses are located in foreign countries.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfEntitysReportableSegmentsExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-463": {
"value": "The operating segments are identified on the basis of internal reports about components of the Group that are regularly reviewed by the Chief Operating Decision Maker (\u201cCODM\u201d), which is considered to be the Board, to assess performance and allocate capital. Both operating segments sell building materials to a wide range of customers, none of which are dominant, and operate predominantly in the United Kingdom. The Merchanting segment sells building materials at prices specifically negotiated with customers, with variation in the products offered in each branch. The Toolstation segment includes both the UK and Benelux business, and sells building materials at a fixed price, with a fixed range in each store. Segmental operating profit represents the result of each segment without allocation of certain central costs, finance costs and tax. Segmental adjusted operating profit is the result of each segment before adjusting items, the amortisation of acquisition-related intangible assets and property profits. Unallocated segment assets and liabilities comprise financial instruments, current and deferred tax, cash, borrowings and pension scheme assets and liabilities. For the purposes of monitoring segment performance and allocating resources between segments, the Group\u2019s leadership team monitors the tangible, intangible and financial assets attributable to each segment. All assets are allocated to reportable segments with the exception of investments in associates, other financial assets (except for trade and other receivables) and tax assets. Assets used jointly by reportable segments are allocated on the basis of the revenues earned by individual reportable segments ",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForSegmentReportingExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-464": {
"value": "6. Net finance costs \u00a3m 2025 2024 Items in the nature of interest: Interest on bonds and other loans (24.6) (17.1) Interest on bank facilities and overdrafts (1.8) (2.0) Other interest \u2013 (1.8) Other finance costs: Amortisation of issue costs of bank loans (1.5) (1.3) Remeasurement: Net loss on remeasurement of derivatives at fair value (0.6) \u2013 Lease interest: Property (26.1) (26.5) Equipment (3.6) (3.1) Finance costs (58.2) (51.8) Items in the nature of interest: Interest receivable 11.7 6.0 Remeasurement: Net gain on remeasurement of derivatives at fair value \u2013 0.8 Gain on remeasurement of foreign exchange 0.7 \u2013 Interest income \u2013 pension scheme 6.4 4.3 Gain on the repurchase of debt 1.3 \u2013 Finance income 20.1 11.1 Net finance costs (38.1) (40.7) The Group\u2019s interest cover covenants are calculated using those items of finance income and finance cost that are in the nature of interest, including interest on lease liabilities. In 2025 these were in total \u00a343.1m (2024: \u00a344.5m). Net finance costs relating to discontinued operations are \u00a3nil (2024: \u00a30.4m).",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFinanceIncomeExpenseExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-465": {
"value": "7. Tax Accounting policy The tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income and expense that are taxable or deductible in other years and it further excludes items which are never taxable or deductible. The Group\u2019s liability for current tax is calculated using tax rates that have been enacted or substantially enacted by the balance sheet date. Deferred tax is the tax expected to be payable or recoverable on differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. This is accounted for using the balance sheet liability method. Deferred tax liabilities are generally recognised for all taxable temporary differences and deferred tax assets are recognised to the extent that it is probable that taxable profits will be available against which deductible temporary differences can be utilised. Such assets and liabilities are not recognised if the temporary difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction (other than in a business combination) that affects neither the taxable profit nor the accounting profit. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset realised based on tax laws and rates that have been enacted or substantially enacted at the balance sheet date. Deferred tax is charged or credited in the income statement, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. a. Tax charge in the income statement \u00a3m 2025 2024 Current tax: Current year 31.2 34.9 Prior year (9.9) 0.6 Total current tax 21.3 35.5 Deferred tax: Current year 3.4 (32.8) Prior year 16.9 (0.5) Total deferred tax 20.3 (33.3) Total tax charge 41.6 2.2 The total tax charge in 2025 includes a credit of \u00a313.8m relating to costs recognised as adjusting items (2024: \u00a329.0m) and an adjusting tax charge of \u00a327.2m (2024: \u00a3nil), which is detailed in note 3. The prior year adjustments on the previous page include a reclassification of a tax credit of approximately \u00a38.5m from deferred tax to current tax. This reclassification relates to the treatment of prior year adjusting items on the impairment of right-of-use assets. The differences between the total tax charge and the amount calculated by applying the standard rate of UK corporation tax to the loss before tax for the Group is as follows: 2025 2024 \u00a3m % \u00a3m % Loss before tax (134.7) (38.4) Tax at the UK corporation tax rate (33.7) 25.0 (9.6) 25.0 Tax effect of expenses/credits that are not deductible/taxable 1.2 1.2 Depreciation of non-qualifying property 11.9 3.4 Share-based payments 1.8 2.7 Losses 29.6 1.8 Property profits (2.0) (3.0) Impairment 25.8 5.6 Prior period adjustment 7.0 0.1 Tax expense and effective tax rate for the year 41.6 (30.9) 2.2 (5.7) b. Tax charge in the statement of comprehensive income The following amounts relating to tax have been recognised in other comprehensive income: \u00a3m 2025 2024 Items that may be reclassified: Deferred tax credit/(charge) on cash flow hedge 0.9 (0.1) Items that may not be reclassified: Deferred tax credit/(charge) on actuarial movement 1.0 (9.5) Income tax credit/(charge) relating to other comprehensive income 1.9 (9.6) c. Tax credited directly to equity The following amounts of tax have been recognised in equity: \u00a3m 2025 2024 Deferred tax: Revaluation reserve 0.6 0.2 Share-based payments (0.1) 0.1 0.5 0.3",
"dimensions": {
"concept": "ifrs-full:DisclosureOfIncomeTaxExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-466": {
"value": "Accounting policy
The tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as
reported in the income statement because it excludes items of income and expense that are taxable or
deductible in other years and it further excludes items which are never taxable or deductible. The Group\u2019s
liability for current tax is calculated using tax rates that have been enacted or substantially enacted by the
balance sheet date.
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForIncomeTaxExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-467": {
"value": "Deferred tax is the tax expected to be payable or recoverable on differences between the carrying
amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the
computation of taxable profit. This is accounted for using the balance sheet liability method.
Deferred tax liabilities are generally recognised for all taxable temporary differences and deferred tax assets
are recognised to the extent that it is probable that taxable profits will be available against which deductible
temporary differences can be utilised. Such assets and liabilities are not recognised if the temporary
difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction
(other than in a business combination) that affects neither the taxable profit nor the accounting profit.
Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled
or the asset realised based on tax laws and rates that have been enacted or substantially enacted at the
balance sheet date. Deferred tax is charged or credited in the income statement, except when it relates to
items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity.
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForDeferredIncomeTaxExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-468": {
"value": "9. Goodwill and other intangible assets Accounting policy Goodwill arising on acquisition represents the excess of the cost of acquisition over the share of the aggregate fair value of identifiable net assets (including intangible assets) of a business or a subsidiary at the date of acquisition. All material intangible fixed assets obtained on acquisition have been recognised separately in the financial statements. Goodwill is initially recognised as an asset and allocated to cash- generating units or groups of cash-generating units that are expected to benefit from the synergies of the combination and is then reviewed at least annually for impairment. Any impairment is recognised immediately in the income statement and is not reversed. Goodwill is accordingly stated in the balance sheet at cost less any provisions for impairment in value. Intangible assets identified as part of the assets of an acquired business are capitalised separately from goodwill if the fair value can be measured reliably on initial recognition. a. Goodwill by reportable segment \u00a3m Merchanting Toolstation Total At 1 January 2024 684.8 163.1 847.9 Impairment (23.8) \u2013 (23.8) Effect of movement in exchange rates \u2013 (2.8) (2.8) At 1 January 2025 661.0 160.3 821.3 Impairment (43.6) (60.1) (103.7) Effect of movement in exchange rates \u2013 3.2 3.2 At 31 December 2025 617.4 103.4 720.8 b. Other intangible assets Accounting policy Intangible assets are amortised to the income statement on a straight-line basis over a maximum of 20 years except where they are considered to have an indefinite useful life. In the latter instance, they are reviewed annually for impairment. The directly attributable costs incurred for the development of computer software controlled by and for use within the business are capitalised and written off over their estimated useful life, which ranges from three to ten years. Interfaces are amortised over the lower of the remaining estimated useful lives of the systems they operate between. Costs relating to research, maintenance and training are expensed as they are incurred. Amounts paid to third parties in respect of the development of software and other intangible assets not controlled by the Group are expensed over the period where the Group receives the service. The cost of configuring and customising software is treated as a prepayment and recognised over the period the Group benefits from the implemented software only if the configuration and customisation service is not distinct from the provision of the software itself. Licence fees for using third-party software are expensed over the period the software is in use. Acquired customer relationships are amortised over their estimated useful lives, which range from five to 15 years. No amortisation is charged on computer software under construction \u00a3m Brand Computer software Customer relationships Total Cost or valuation At 1 January 2024 148.5 112.4 151.6 412.5 Additions \u2013 4.1 \u2013 4.1 Transfers from property, plant & equipment \u2013 0.6 \u2013 0.6 Disposals \u2013 (0.5) \u2013 (0.5) At 1 January 2025 148.5 116.6 151.6 416.7 Additions \u2013 3.5 \u2013 3.5 Transfers from property, plant & equipment \u2013 2.5 \u2013 2.5 Disposals \u2013 (0.6) (9.4) (10.0) At 31 December 2025 148.5 122.0 142.2 412.7 Amortisation At 1 January 2024 76.0 102.7 133.9 312.6 Charged on acquisition-related intangibles 2.3 \u2013 8.1 10.4 Charged on internally generated intangibles \u2013 3.6 \u2013 3.6 Impairment \u2013 \u2013 3.4 3.4 Disposals \u2013 (0.2) \u2013 (0.2) At 1 January 2025 78.3 106.1 145.4 329.8 Charged on acquisition-related intangibles 2.0 \u2013 5.8 7.8 Charged on internally generated intangibles \u2013 3.7 \u2013 3.7 Transfers from property, plant & equipment \u2013 0.5 \u2013 0.5 Impairment 10.2 4.3 \u2013 14.5 Disposals \u2013 (0.5) (9.0) (9.5) At 31 December 2025 90.5 114.1 142.2 346.8 Net book value At 31 December 2024 70.2 10.5 6.2 86.9 At 31 December 2025 58.0 7.9 \u2013 65.9 Where a brand has not been established for a significant period of time the Directors do not have sufficient evidence to support a contention that it will have an indefinite useful life. Accordingly for Toolstation the Directors have decided it is appropriate to amortise their brand costs over their estimated useful lives. The useful lives of those brands being amortised is 20 years. The Directors consider that the BSS brand, which is a leading brand in its sector with significant history and significant growth prospects, has an indefinite useful life. It is reviewed annually for impairment; details of impairment tests are shown in note 28. c. Cash-generating units The Directors consider that each branch or distribution network in the Group is an individual cash-generating unit (\u201cCGU\u201d). Goodwill and intangible fixed assets with indefinite useful lives have been allocated for impairment testing purposes to groups of individual CGUs within the same brand. The following table analyses goodwill and intangible fixed assets with indefinite useful lives by CGU grouping. \u00a3m CGU grouping 2025 2024 Intangibles Goodwill Total Intangibles Goodwill Total Merchanting Travis Perkins \u2013 482.6 482.6 \u2013 482.6 482.6 Keyline \u2013 100.2 100.2 \u2013 100.2 100.2 CCF \u2013 \u2013 \u2013 \u2013 43.6 43.6 BSS Industrial 49.3 26.8 76.1 49.3 26.8 76.1 TF Solutions \u2013 7.8 7.8 \u2013 7.8 7.8 Toolstation Toolstation UK \u2013 103.4 103.4 \u2013 103.4 103.4 Toolstation Benelux \u2013 \u2013 \u2013 \u2013 56.9 56.9 49.3 720.8 770.1 49.3 821.3 870.6",
"dimensions": {
"concept": "ifrs-full:DisclosureOfIntangibleAssetsAndGoodwillExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-469": {
"value": "Accounting policy
Goodwill arising on acquisition represents the excess of the cost of acquisition over the share of the
aggregate fair value of identifiable net assets (including intangible assets) of a business or a subsidiary at
the date of acquisition. All material intangible fixed assets obtained on acquisition have been recognised
separately in the financial statements. Goodwill is initially recognised as an asset and allocated to cash-
generating units or groups of cash-generating units that are expected to benefit from the synergies of
the combination and is then reviewed at least annually for impairment. Any impairment is recognised
immediately in the income statement and is not reversed. Goodwill is accordingly stated in the balance
sheet at cost less any provisions for impairment in value. Intangible assets identified as part of the assets
of an acquired business are capitalised separately from goodwill if the fair value can be measured reliably
on initial recognition.
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForGoodwillExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-470": {
"value": "Accounting policy
Intangible assets are amortised to the income statement on a straight-line basis over a maximum of 20
years except where they are considered to have an indefinite useful life. In the latter instance, they are
reviewed annually for impairment.
The directly attributable costs incurred for the development of computer software controlled by and for
use within the business are capitalised and written off over their estimated useful life, which ranges from
three to ten years. Interfaces are amortised over the lower of the remaining estimated useful lives of the
systems they operate between. Costs relating to research, maintenance and training are expensed as
they are incurred.
Amounts paid to third parties in respect of the development of software and other intangible assets not
controlled by the Group are expensed over the period where the Group receives the service. The cost
of configuring and customising software is treated as a prepayment and recognised over the period the
Group benefits from the implemented software only if the configuration and customisation service is not
distinct from the provision of the software itself. Licence fees for using third-party software are expensed
over the period the software is in use.
Acquired customer relationships are amortised over their estimated useful lives, which range from five to
15 years. No amortisation is charged on computer software under construction .
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-471": {
"value": "10. Property, plant and equipment Accounting policy Property, plant and equipment is stated at cost or deemed cost less accumulated depreciation and any impairment in value. Assets are depreciated to their estimated residual value on a straight-line basis over their estimated useful lives as follows: \u2022 Buildings \u2013 50 years or, if lower, the estimated useful life of the building or the life of the lease \u2022 Leasehold improvements \u2013 the life of the lease \u2022 Plant and equipment \u2013 4 to 10 years \u2022 Freehold land is not depreciated The estimated useful lives are estimated taking into consideration the potential impact of climate change. The gain or loss arising on the disposal or retirement of an asset is determined as the difference between the sale proceeds net of expenses and the carrying amount of the asset in the balance sheet and is recognised in the income statement. Where appropriate, the attributable revaluation reserve remaining in respect of properties revalued prior to the adoption of IFRS is transferred directly to retained earnings. \u00a3m Freehold Long leasehold Leasehold improvements Plant and equipment Total Cost or deemed cost At 1 January 2024 487.0 51.2 221.5 740.9 1,500.6 Additions 9.6 \u2013 32.5 28.4 70.5 Disposals (15.8) (4.7) (11.4) (45.4) (77. 3) Reclassifications 30.5 2.2 (45.1) 18.4 6.0 Effect of movements in exchange rates \u2013 \u2013 \u2013 (0.7) (0.7) At 1 January 2025 511.3 48.7 197.5 741.6 1,499.1 Additions 21.5 4.4 13.4 46.0 85.3 Disposals (52.1) (3.0) (1.4) (51.0) (107.5) Reclassifications 17.1 1.3 (18.2) (0.2) \u2013 Transfers to intangibles \u2013 \u2013 \u2013 (2.5) (2.5) Effect of movements in exchange rates \u2013 \u2013 \u2013 1.1 1.1 At 31 December 2025 497.8 51.4 191.3 735.0 1,475.5 \u00a3m Freehold Long leasehold Leasehold improvements Plant and equipment Total Accumulated depreciation At 1 January 2024 61.9 13.4 84.7 492.2 652.2 Charged in the year 6.7 1.0 12.6 59.5 79.8 Disposals (5.1) (1.4) (0.4) (42.1) (49.0) Impairments \u2013 \u2013 11.9 27.7 39.6 Reclassifications 14.8 0.3 5.5 (14.6) 6.0 Effect of movements in exchange rates \u2013 \u2013 \u2013 (0.6) (0.6) At 1 January 2025 78.3 13.3 114.3 522.1 728.0 Charged in the year 4.8 0.7 11.8 48.7 66.0 Disposals (5.3) (1.2) (1.4) (41.5) (49.4) Impairments 34.1 \u2013 6.2 35.5 75.8 Transfers to intangibles \u2013 \u2013 \u2013 (0.5) (0.5) Effect of movements in exchange rates \u2013 \u2013 \u2013 0.6 0.6 At 31 December 2025 111.9 12.8 130.9 564.9 820.5 Net book value At 31 December 2024 433.0 35.4 83.2 219.5 771.1 At 31 December 2025 385.9 38.6 60.4 170.1 655.0 Included within freehold property is land with a value of \u00a3229.7m (2024: \u00a3227.5m), which is not depreciated, and property let to external tenants with a net book value of \u00a356.5m (cost of \u00a362.9m and accumulated depreciation of \u00a36.4m) (2024: net book value \u00a355.7m, cost \u00a361.7m, accumulated depreciation \u00a36.0m). Included within property, plant and equipment is \u00a311.7m (2024: \u00a317.5m) in respect of assets under construction, which are not depreciated. No assets are pledged as security for the Group\u2019s liabilities except for freehold property with a net book value of \u00a311.9m (2024: \u00a312.0m) pledged as security to one of the Group\u2019s defined benefit pension schemes.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-472": {
"value": "Accounting policy Property, plant and equipment is stated at cost or deemed cost less accumulated depreciation and any impairment in value. Assets are depreciated to their estimated residual value on a straight-line basis over their estimated useful lives as follows: \u2022 Buildings \u2013 50 years or, if lower, the estimated useful life of the building or the life of the lease \u2022 Leasehold improvements \u2013 the life of the lease \u2022 Plant and equipment \u2013 4 to 10 years \u2022 Freehold land is not depreciated The estimated useful lives are estimated taking into consideration the potential impact of climate change. The gain or loss arising on the disposal or retirement of an asset is determined as the difference between the sale proceeds net of expenses and the carrying amount of the asset in the balance sheet and is recognised in the income statement. Where appropriate, the attributable revaluation reserve remaining in respect of properties revalued prior to the adoption of IFRS is transferred directly to retained earnings. ",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-473": {
"value": "Assets are depreciated to their estimated residual value on a straight-line basis over their estimated useful lives as follows: \u2022 Buildings \u2013 50 years or, if lower, the estimated useful life of the building or the life of the lease \u2022 Leasehold improvements \u2013 the life of the lease \u2022 Plant and equipment \u2013 4 to 10 years \u2022 Freehold land is not depreciated The estimated useful lives are estimated taking into consideration the potential impact of climate change. ",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForDepreciationExpenseExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-474": {
"value": "11. Leases Accounting policy Identifying a lease At the inception of a contract, the Group assesses whether a contract contains a lease. At inception the Group allocates the consideration in the contract to each lease component on the basis of their relative stand-alone prices except for fleet leases for which the Group does not separate non-lease components and accounts for the lease and non-lease components as a single lease component. Recognition exceptions The Group takes the lease recognition exemption for leases with a lease term of 12 months or less and containing no purchase options and leases where the underlying asset has a low value when new. Payments associated with short-term leases and leases of low-value assets are recognised on a straight- line basis as an expense in profit or loss. Short-term leases are leases with a lease term of 12 months or less. Low-value assets comprise mainly IT equipment, vending machines and paint-mixing machines. Lease terms Extension and termination options are included in a number of property and equipment leases across the Group. These terms are used to maximise operational flexibility. The Group has applied judgement to determine the lease term for some lease contracts that includes renewal options and break clauses. In determining the lease term, management considers all facts and circumstances that create an economic incentive to exercise an extension option, or not exercise a termination option. Extension options (or periods after termination options) are only included in the lease term if the lease is reasonably certain to be extended (or not terminated). For property leases the most relevant is normally the profitability of the leased branch or warehouse and future plans for the business. If there are significant penalties to terminate or not extend, the Group is typically reasonably certain to not terminate or extend. Lessee accounting Initial measurement The right-of-use asset is initially measured at cost, which comprises the initial amount of the lease liability adjusted for any lease payments made at or before the commencement date and any initial direct costs incurred, less any lease incentives received. The lease liability is initially measured at the present value of the lease payments payable over the lease term, discounted at the rate implicit in the lease if that can be readily determined and otherwise at the incremental borrowing rate. Subsequent measurement After lease commencement, the Group measures right-of-use assets at cost less accumulated depreciation and accumulated impairment. The lease liability is subsequently remeasured to reflect changes in the lease term, the assessment of a purchase option and future lease payments resulting from a change in an index or a rate used to determine those payments. The remeasurements are matched by adjustments to the right-of-use asset. Lease modifications may also prompt remeasurement of the lease liability unless they are determined to be separate leases. Depreciation The right-of-use asset is subsequently depreciated using the straight-line method to the earlier of the end of the useful life of the right-of-use asset or the end of lease term. Estimated useful lives are determined on the same basis as those of property, plant and equipment. In addition, the right-of-use asset is reduced by impairment losses, if any, and adjusted for certain remeasurements of the lease liability. Dilapidations The Group recognises provisions for the cost of reinstating certain Group properties at the end of their lease term. These are recognised either as part of the right-of-use asset where applicable, or directly to the profit or loss for costs related to wear and tear. Sale and leaseback transactions If an asset transfer satisfies the requirements of IFRS 15 \u2013 Revenue from Contracts with Customers to be accounted for as a sale, the Group measures the right-of-use asset at the proportion of the previous carrying amount that relates to the right-of-use retained. Accordingly, the Group only recognises the amount of gain or loss that relates to the rights transferred to the buyer. a. Amounts recognised in the balance sheet All right-of-use assets relate to land and buildings except for \u00a353.2m in respect of plant and equipment (2024: \u00a358.4m). Additions to right-of-use assets in 2025 were \u00a390.1m (2024: \u00a3152.1m). Lease liability maturity analysis \u2013 contractual undiscounted cash flows: \u00a3m 2025 2024 Less than one year 121.9 119.9 One to five years 363.4 369.3 More than five years 315.1 336.2 Total undiscounted lease liabilities at 31 December 800.4 825.4 11. Leases continued b. Amounts recognised in the statement of profit and loss The statement of profit and loss shows the following amounts relating to leases: \u00a3m 2025 2024 Expense relating to short-term leases 3.7 4.4 Expense relating to leases of low-value assets 3.2 3.5 Impairment of right-of-use assets 19.7 31.2 An impairment right-of-use assets has been recognised with respect to land and buildings of \u00a319.7m (2024: \u00a317.9m) and plant and equipment of \u00a3nil (2024: \u00a313.3m). Total depreciation of right-of-use assets of \u00a387.4m (2024: \u00a396.8m) represents \u00a373.3m in respect of land and buildings (2024: \u00a383.6m) and \u00a314.1m in respect of plant and equipment (2024: \u00a313.2m). The total cash outflow for leases in 2025 was \u00a3128.1m (2024: \u00a3131.3m). The Group\u2019s profit on the disposal of properties includes \u00a37.4m (2024: \u00a37.2m) arising from sale and leaseback transactions. Cash proceeds of \u00a335.1m (2024: \u00a343.1m) were received as a result of these transactions. c. The Group\u2019s leasing activities The Group leases various properties, motor vehicles and equipment. Rental contracts are typically made for fixed periods but may have extension options. Lease terms are negotiated on an individual basis and contain a wide range of different terms and conditions. Extension and termination options are included in a number of property and equipment leases across the Group and are used to provide operational flexibility. The Group routinely enters into sale and leaseback transactions as part of its property management and investment strategy. The requirement of IFRS 16 \u2013 Leases to, in transfers that are accounted for as a sale, only recognise the amount of any gain or loss that relates to the rights transferred to the buyer-lessor, results in differences between the recognition of cash proceeds from the disposal of property, plant and equipment and the recognition of profit from these disposals. d. The Group as lessor The Group leases a number of ex-trading properties and surplus units in trade parks owned by the Group to third parties. At the balance sheet date, the Group had contracts with lessees for the following undiscounted future minimum lease payments: \u00a3m 2025 2024 Within one year 4.8 4.7 One to two years 7.5 8.3 Two to three years 6.4 7. 5 Three to four years 3.3 3.5 Four to five years 2.1 2.1 After five years 5.6 5.0 29.7 31.1",
"dimensions": {
"concept": "ifrs-full:DisclosureOfLeasesExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-475": {
"value": "Accounting policy
Identifying a lease
At the inception of a contract, the Group assesses whether a contract contains a lease. At inception the
Group allocates the consideration in the contract to each lease component on the basis of their relative
stand-alone prices except for fleet leases for which the Group does not separate non-lease components
and accounts for the lease and non-lease components as a single lease component.
Recognition exceptions
The Group takes the lease recognition exemption for leases with a lease term of 12 months or less
and containing no purchase options and leases where the underlying asset has a low value when new.
Payments associated with short-term leases and leases of low-value assets are recognised on a straight-
line basis as an expense in profit or loss. Short-term leases are leases with a lease term of 12 months
or less. Low-value assets comprise mainly IT equipment, vending machines and paint-mixing machines.
Lease terms
Extension and termination options are included in a number of property and equipment leases across
the Group. These terms are used to maximise operational flexibility. The Group has applied judgement to
determine the lease term for some lease contracts that includes renewal options and break clauses. In
determining the lease term, management considers all facts and circumstances that create an economic
incentive to exercise an extension option, or not exercise a termination option. Extension options (or
periods after termination options) are only included in the lease term if the lease is reasonably certain to
be extended (or not terminated).
For property leases the most relevant is normally the profitability of the leased branch or warehouse and
future plans for the business. If there are significant penalties to terminate or not extend, the Group is
typically reasonably certain to not terminate or extend.
Lessee accounting
Initial measurement
The right-of-use asset is initially measured at cost, which comprises the initial amount of the lease
liability adjusted for any lease payments made at or before the commencement date and any initial
direct costs incurred, less any lease incentives received.
The lease liability is initially measured at the present value of the lease payments payable over the lease
term, discounted at the rate implicit in the lease if that can be readily determined and otherwise at the
incremental borrowing rate.
Subsequent measurement
After lease commencement, the Group measures right-of-use assets at cost less accumulated
depreciation and accumulated impairment.
The lease liability is subsequently remeasured to reflect changes in the lease term, the assessment
of a purchase option and future lease payments resulting from a change in an index or a rate used to
determine those payments. The remeasurements are matched by adjustments to the right-of-use asset.
Lease modifications may also prompt remeasurement of the lease liability unless they are determined to
be separate leases.
Depreciation
The right-of-use asset is subsequently depreciated using the straight-line method to the earlier of the end
of the useful life of the right-of-use asset or the end of lease term. Estimated useful lives are determined on
the same basis as those of property, plant and equipment. In addition, the right-of-use asset is
reduced by impairment losses, if any, and adjusted for certain remeasurements of the lease liability.
Dilapidations
The Group recognises provisions for the cost of reinstating certain Group properties at the end of their
lease term. These are recognised either as part of the right-of-use asset where applicable, or directly to
the profit or loss for costs related to wear and tear.
Sale and leaseback transactions
If an asset transfer satisfies the requirements of IFRS 15 \u2013 Revenue from Contracts with Customers to
be accounted for as a sale, the Group measures the right-of-use asset at the proportion of the previous
carrying amount that relates to the right-of-use retained. Accordingly, the Group only recognises the
amount of gain or loss that relates to the rights transferred to the buyer.
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForLeasesExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-476": {
"value": "12. Inventories Accounting policy Inventories, which consist of goods for resale, are stated at the lower of average weighted cost and net realisable value. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. Net realisable value is the estimated selling price less the estimated costs of disposal. \u00a3m 2025 2024 Inventories 666.9 648.6 Inventories are stated net of inventory provisions of \u00a323.5m (2024: \u00a329.0m). The cost of inventories recognised as an expense in 2025 was \u00a33,276.4m (2024: \u00a33,328.9m). A credit of \u00a35.5m (2024: charge of \u00a35.2m) was recognised as a result of the movement of provisions against inventory.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfInventoriesExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-477": {
"value": "Accounting policy
Inventories, which consist of goods for resale, are stated at the lower of average weighted cost and net
realisable value. Cost comprises direct materials and, where applicable, direct labour costs and those
overheads that have been incurred in bringing the inventories to their present location and condition.
Net realisable value is the estimated selling price less the estimated costs of disposal.
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForMeasuringInventories",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-478": {
"value": "Accounting policy
Supplier income comprises fixed price rebates, volume rebates and customer sales support.
Fixed price and volume rebates received and receivable are initially deducted from the cost of inventory
and therefore reduce cost of sales when the goods are sold. The cost of inventory held on the balance
sheet reflects the impact of these rebates.
The Group receives customer sales support payments that are made entirely at the supplier\u2019s option,
that are requested by the Group when a specific product is about to be sold to a specific customer
and for which payment is only received after the sale has been completed. All customer sales support
receipts received and receivable are deducted from cost of sales when the sale to the third party has
been completed, i.e. when the customer sales support payment has been earned.
Supplier income receivable is netted off against trade payables when there is a legally binding
arrangement in place and it is management\u2019s intention to do so, otherwise amounts are included in other
receivables in the balance sheet.
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForDiscountsAndRebatesExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-479": {
"value": "14. Trade and other receivables Accounting policy Trade and other receivables The Group\u2019s trade and other receivables at the balance sheet date comprise principally amounts receivable from the sale of goods, amounts due in respect of rebates in relation to unbilled work in progress and sundry prepayments. Impairment of financial assets Trade and other receivables are subject to the expected credit loss model in IFRS 9 \u2013 Financial Instruments. The Group applies the IFRS 9 \u2013 Financial Instruments simplified approach to measuring expected credit losses. This uses a lifetime expected loss allowance for all trade receivables. To measure the expected credit losses trade receivables have been grouped based on shared credit risk characteristics and the days past due. Trade receivables are written off when there is no reasonable expectation of recovery. Indicators that there is no reasonable expectation of recovery include the failure of a debtor to engage in a repayment plan with the Group and the commencement of legal proceedings. A receivable is classified as credit impaired when it exceeds 120 days overdue or when the debtor enters administration or liquidation or is subject to other legal proceedings. \u00a3m 2025 2024 Current: Trade receivables 515.6 598.1 Allowance for doubtful debts (32.6) (29.8) 483.0 568.3 Other receivables 105.0 111.8 Prepayments 26.7 33.7 Accrued income 16.0 46.7 Total current trade and other receivables 630.7 760.5 Non-current: Prepayments 12.0 15.3 Total non-current trade and other receivables 12.0 15.3 14. Trade and other receivables continued The Directors consider that the only class of asset containing material credit risk is trade receivables. The average credit term taken for sales of goods is 56 days (2024: 59 days). No interest is charged on the trade receivable from the date of the invoice until the date the invoice is classified as overdue according to the trading terms agreed between the Group and the customer. Thereafter, the Group retains the right to charge interest at 4% p.a. (2024: 4%) above the clearing bank base rate on the outstanding balance. Movement in the allowance for doubtful debts \u00a3m 2025 2024 At 1 January 29.8 21.5 Amounts written off during the year (13.6) (8.4) Charge for impairment losses for trade receivables 16.4 16.7 At 31 December 32.6 29.8 Expected credit loss assessment Loss rates are based on actual credit loss experience over the past ten years and existing market conditions, as well as forward-looking estimates at the end of each reporting period. The following table provides information about the exposure to credit risk and expected credit losses for trade receivables as at 31 December 2025. \u00a3m Gross carrying amount Weighted average loss rate Net loss allowance Credit impaired Current (not past due) 408.7 0.8% (2.7) No Days overdue: 1\u201330 46.9 6.4% (2.5) No 31\u201360 20.3 14.1% (2.4) No 61\u201390 3.3 22.8% (0.6) No 91\u2013120 1.7 41.5% (0.6) No More than 120 34.7 82.5% (23.8) Yes 515.6 (32.6) The following table provides information about the exposure to credit risk and expected credit losses for trade receivables as at 31 December 2024. \u00a3m Gross carrying amount Weighted average loss rate Net loss allowance Credit impaired Current (not past due) 530.7 0.8% (3.7) No Days overdue: 1\u201330 24.2 7. 2% (1.5) No 31\u201360 8.5 19.7% (1.4) No 61\u201390 3.9 28.0% (0.9) No 91\u2013120 1.4 53.3% (0.6) No More than 120 29.4 88.6% (21.7) Yes 598.1 (29.8)",
"dimensions": {
"concept": "ifrs-full:DisclosureOfTradeAndOtherReceivablesExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-480": {
"value": "Accounting policy
Trade and other receivables
The Group\u2019s trade and other receivables at the balance sheet date comprise principally amounts
receivable from the sale of goods, amounts due in respect of rebates in relation to unbilled work in
progress and sundry prepayments.
Impairment of financial assets
Trade and other receivables are subject to the expected credit loss model in IFRS 9 \u2013 Financial
Instruments. The Group applies the IFRS 9 \u2013 Financial Instruments simplified approach to measuring
expected credit losses. This uses a lifetime expected loss allowance for all trade receivables. To
measure the expected credit losses trade receivables have been grouped based on shared credit risk
characteristics and the days past due.
Trade receivables are written off when there is no reasonable expectation of recovery. Indicators that
there is no reasonable expectation of recovery include the failure of a debtor to engage in a repayment
plan with the Group and the commencement of legal proceedings. A receivable is classified as credit
impaired when it exceeds 120 days overdue or when the debtor enters administration or liquidation or is
subject to other legal proceedings.
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-481": {
"value": "15. Provisions Accounting policy A provision is recognised in the balance sheet when the Group has a present legal or constructive obligation because of a past event, and it is probable that an outflow of economic benefits will be required to settle the obligation. Provisions are measured at the Directors\u2019 best estimate of the expenditure required to settle the obligation at the balance sheet dates, and are discounted to present value. Should a provision ultimately prove to be unnecessary then it is credited back into the income statement. Where the provision was originally established as an adjusting item, any significant release is shown as an adjusting credit. The Group has a number of vacant and partly sublet leased properties. Where necessary a provision has been made for the residual commitments, after taking into account existing and anticipated subtenant arrangements. The Group recognises provisions for the cost of reinstating certain Group properties at the end of their lease term, based on the conditions set out in the terms of the individual leases. The timing of the outflows will match the ends of the relevant leases, which range from two to 25 years. It is Group policy to self-insure using policies with a high excess against claims arising in respect of damage to third party assets, or due to employers or public liability claims. Whilst the Group does not have a contractual right to defer payment, the nature of insurance claims means they may take some time to be settled. The insurance claims provision represents management\u2019s best estimate, based upon external advice of the value of outstanding claims against it where the final settlement date is uncertain, in line with IAS 37 \u00a3m Property Insurance Restructuring Total At 1 January 2024 17.1 21.1 4.9 43.1 Charge to income statement 17. 5 3.1 17. 2 37.8 Utilisation of provision (6.4) (4.3) (9.2) (19.9) At 31 December 2024 28.2 19.9 12.9 61.0 Charge to income statement 2.5 2.2 2.0 6.7 Utilisation of provision (0.6) (3.9) (7.8) (12.3) At 31 December 2025 30.1 18.2 7.1 55.4 Included in current liabilities 16.1 18.2 7.1 41.4 Included in non-current liabilities 14.0 \u2013 \u2013 14.0 30.1 18.2 7.1 55.4 The restructuring provision relates to restructuring activities treated as adjusting items and discussed in note 3. It excludes property-related provisions and inventory amounts which are separately classified. The following table details the Group\u2019s liquidity analysis of its provisions, based on the undiscounted net cash outflows. The impact of discounting is not material for the Group\u2019s provisions. \u00a3m 0\u20131 year 1\u20132 years 2\u20135 years 5+ years Total 2025: Property 16.1 3.6 2.9 7. 5 30.1 Insurance 18.2 \u2013 \u2013 \u2013 18.2 Restructuring 7.1 \u2013 \u2013 \u2013 7.1 41.4 3.6 2.9 7.5 55.4 2024: Property 6.6 7.5 5.9 8.2 28.2 Insurance 19.9 \u2013 \u2013 \u2013 19.9 Restructuring 12.9 \u2013 \u2013 \u2013 12.9 39.4 7.5 5.9 8.2 61.0",
"dimensions": {
"concept": "ifrs-full:DisclosureOfProvisionsExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-482": {
"value": "Accounting policy
A provision is recognised in the balance sheet when the Group has a present legal or constructive
obligation because of a past event, and it is probable that an outflow of economic benefits will be required
to settle the obligation. Provisions are measured at the Directors\u2019 best estimate of the expenditure required
to settle the obligation at the balance sheet dates, and are discounted to present value.
Should a provision ultimately prove to be unnecessary then it is credited back into the income statement.
Where the provision was originally established as an adjusting item, any significant release is shown as
an adjusting credit.
The Group has a number of vacant and partly sublet leased properties. Where necessary a provision has
been made for the residual commitments, after taking into account existing and anticipated subtenant
arrangements. The Group recognises provisions for the cost of reinstating certain Group properties at
the end of their lease term, based on the conditions set out in the terms of the individual leases. The
timing of the outflows will match the ends of the relevant leases, which range from two to 25 years.
It is Group policy to self-insure using policies with a high excess against claims arising in respect of
damage to third party assets, or due to employers or public liability claims. Whilst the Group does not
have a contractual right to defer payment, the nature of insurance claims means they may take some
time to be settled. The insurance claims provision represents management\u2019s best estimate, based upon
external advice of the value of outstanding claims against it where the final settlement date is uncertain,
in line with IAS 37 .
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForProvisionsExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-483": {
"value": "16. Deferred tax The following are the major deferred tax assets and liabilities recognised by the Group and movements thereon during the current and prior reporting periods. \u00a3m (Asset)/liability: At 1 January 2025 Disposal Recognised in income Recognised in equity Recognised in other comprehensive income At 31 December 2025 Trading losses (17.5) \u2013 1 7.5 \u2013 \u2013 \u2013 Deferred tax asset (17.5) \u2013 17.5 \u2013 \u2013 \u2013 Capital allowances 11.4 (1.7) (6.9) \u2013 \u2013 2.8 Revaluation of property 2.7 \u2013 \u2013 (0.6) \u2013 2.1 Share-based payments (2.2) \u2013 \u2013 0.1 \u2013 (2.1) Provisions 4.7 \u2013 (2.2) \u2013 \u2013 2.5 Property assets acquired in business combinations 8.0 (3.3) (0.8) \u2013 \u2013 3.9 Brand 15.3 \u2013 0.2 \u2013 \u2013 15.5 Pension scheme asset 29.2 \u2013 1.3 \u2013 (1.0) 29.5 Deferred gains on property disposals 28.6 \u2013 (1.7) \u2013 \u2013 26.9 Lease liability (163.7) \u2013 18.2 \u2013 \u2013 (145.5) Right-of-use asset 133.5 \u2013 (5.3) \u2013 \u2013 128.2 Cash flow hedge 0.8 \u2013 \u2013 \u2013 (0.9) (0.1) Deferred tax liability 68.3 (5.0) 2.8 (0.5) (1.9) 63.7 Net deferred tax 50.8 (5.0) 20.3 (0.5) (1.9) 63.7 16. Deferred tax continued \u00a3m (Asset)/liability: At 1 January 2024 Recognised in income Recognised in equity Recognised in other comprehensive income At 31 December 2024 Trading losses (18.0) 0.5 \u2013 \u2013 (17. 5) Deferred tax asset (18.0) 0.5 \u2013 \u2013 (17.5) Capital allowances 21.1 (9.7) \u2013 \u2013 11.4 Revaluation of property 2.9 \u2013 (0.2) \u2013 2.7 Share-based payments (2.9) 0.8 (0.1) \u2013 (2.2) Provisions 4.4 0.3 \u2013 \u2013 4.7 Property assets acquired in business combinations 8.8 (0.8) \u2013 \u2013 8.0 Brand 21.8 (6.5) \u2013 \u2013 15.3 Pension scheme asset 25.1 (5.4) \u2013 9.5 29.2 Deferred gains on property disposals 29.3 (0.7) \u2013 \u2013 28.6 Lease liability (151.0) (12.7) \u2013 \u2013 (163.7) Right-of-use asset 132.6 0.9 \u2013 \u2013 133.5 Cash flow hedge 0.7 \u2013 \u2013 0.1 0.8 Deferred tax liability 92.8 (33.8) (0.3) 9.6 68.3 Net deferred tax 74.8 (33.3) (0.3) 9.6 50.8 Deferred tax of \u00a320.2m in respect of trading losses primarily relating to the Toolstation Netherlands business was previously recognised by the Group. Following a review of forecasts based on the existing Netherlands store network, the Group concluded that the recognition criteria of IAS 12 \u2013 Income Taxes are no longer met and derecognised the deferred tax asset on its unused trading losses. No deferred tax asset has been recognised on the losses of \u00a3122.7m (2024: remaining losses of \u00a321.7m) in the Group\u2019s Toolstation Europe businesses as there is currently insufficient evidence that these losses would be utilised. All deferred tax assets and liabilities are assessed within the relevant jurisdiction and no amounts are offset inappropriately.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfDeferredTaxesExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-484": {
"value": "17. Trade and other payables Accounting policy Trade and other payables principally comprise amounts outstanding for trade purchases and ongoing costs and are measured at amortised cost. The Directors consider that the carrying amount of trade payables approximates to their fair value. The Group has financial risk management policies in place to ensure that all payables are paid within the credit time frame. \u00a3m 2025 2024 Trade payables 682.6 532.9 Other taxation and social security 22.4 79.0 Other payables 66.5 92.8 Accruals 81.4 120.6 Deferred income 11.3 12.9 Trade and other payables 864.2 838.2 Included in trade payables at 31 December 2025 are amounts of \u00a394.8m (2024: \u00a388.4m) which are due for settlement under supplier financing arrangements with third-party banks, of which suppliers had received payments for \u00a357.4m (2024: \u00a357.5m). Suppliers choose to enter into these arrangements which provide access to the option of early settlement of invoices at interest rates based on Travis Perkins\u2019 credit rating. If suppliers do not elect for early payment, invoices are settled on the date agreed in the existing payment terms. In some cases, Travis Perkins has agreed extensions to payment terms with suppliers who regularly access the scheme, with the longest payment terms 107 days (2024: 107 days), an extension of 45 days (2024: 45 days). The total net amount outstanding where terms have been extended at 31 December 2025 was \u00a39.2m (2024: \u00a39.7m). Liabilities that are part of the arrangement had a range of payment dates of 52 \u2013 107 days with trade payables that are not part of an arrangement having a range of 45 \u2013 75 days (2024: 52 \u2013 107 days compared to 45 \u2013 75 days). These arrangements do not provide the Group with a significant benefit of additional financing and have been put in place for the benefit of the Group\u2019s suppliers, providing them with access to cost-efficient third-party funding. As such, outstanding balances are classified as trade payables and form part of the operating cash flows movement in the consolidated cash flow statement. There were no non-cash transfers from trade payables to finance payables in 2025 (2024: none). There are no significant judgements applied in the calculation of supplier finance balances",
"dimensions": {
"concept": "ifrs-full:DisclosureOfTradeAndOtherPayablesExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-485": {
"value": "Accounting policy
Trade and other payables principally comprise amounts outstanding for trade purchases and ongoing
costs and are measured at amortised cost. The Directors consider that the carrying amount of trade
payables approximates to their fair value. The Group has financial risk management policies in place to
ensure that all payables are paid within the credit time frame.
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-486": {
"value": "18. Pension arrangements The Group has a number of historical defined benefit pension schemes, all of which are closed to new members and future accruals. The Group operates four final salary schemes being The Travis Perkins Pensions and Dependants\u2019 Benefit Scheme (\u201cthe TP DB scheme\u201d), the BSS Defined Benefit Scheme (\u201cthe BSS DB Scheme\u201d), the immaterial Platinum pension scheme and the immaterial BSS Ireland Defined Benefit Scheme. The reconciliations and disclosures are presented as an aggregation of all schemes as each scheme is subject to similar risk characteristics. Accounting policy The cost of providing benefits under defined benefit pension schemes is determined using the projected unit credit method with actuarial valuations being carried out at the end of each reporting period. Remeasurement comprising actuarial gains and losses, the effects of asset ceilings and minimum funding payments and the return on scheme assets (excluding interest) are recognised immediately in the balance sheet with a charge or credit to the statement of comprehensive income. Remeasurement recorded in the statement of comprehensive income is not recycled. Net interest is calculated by applying a discount rate to the net defined benefit liability or asset. Net interest expense or income is recognised within finance costs or finance income. a. Expected future cash flows The Directors have agreed with the BSS DB Scheme\u2019s Trustees and the TP DB Scheme\u2019s Trustees that, following the elimination of the deficits in these schemes, no further contributions from the Group are currently required. Both schemes fund their management and administrative expenses. b. Balance sheet position and movements during the year The amount included in the balance sheet arising from the Group\u2019s obligations in respect of all of its defined benefit schemes and the movements during the year: \u00a3m 2025 2024 Gross assets Gross obligations Net Gross assets Gross obligations Net Gross pension asset as at 1 January 971.1 (854.2) 116.9 1,096.9 (996.3) 100.6 Amounts recognised in income: Administration expenses (1.7) (0.1) (1.8) (3.0) (0.1) (3.1) Interest income/(cost) 52.0 (45.6) 6.4 48.7 (44.2) 4.5 Other movements: Contributions from sponsoring companies 0.2 \u2013 0.2 0.4 \u2013 0.4 Foreign exchange 0.9 (0.3) 0.6 (0.5) 0.4 (0.1) Withdrawal of assets \u2013 \u2013 \u2013 (23.2) \u2013 (23.2) Benefits paid (47.4) 47.4 \u2013 (49.8) 49.8 \u2013 Balance sheet reclassifications \u2013 \u2013 \u2013 \u2013 2.7 2.7 Amounts recognised in other comprehensive income: Return on plan assets (excluding amounts in net interest) (4.0) \u2013 (4.0) (98.4) \u2013 (98.4) Actuarial loss from changes in demographic assumptions \u2013 (7. 2) (7.2) \u2013 (4.7) (4.7) Actuarial gain from changes in financial assumptions \u2013 14.1 14.1 \u2013 100.4 100.4 Actuarial (loss)/gain from experience adjustments \u2013 (7.1) ( 7.1) \u2013 37.8 37.8 Gross pension asset as at 31 December 971.1 (853.0) 118.1 971.1 (854.2) 116.9 The asset valuation of \u00a3971.1m (2024: \u00a3971.1m) at 31 December 2025 consists of the TP DB Scheme \u00a3739.9m (2024: \u00a3738.2m) and the BSS DB Scheme \u00a3231.2m (2024: \u00a3232.9m). The obligation valuation of \u00a3853.0m (2024: \u00a3854.2m) consists of the TP DB Scheme \u00a3644.7m (2024: \u00a3645.1m) and the BSS DB Scheme \u00a3208.3m (2024: \u00a3209.1m). 18. Pension arrangements continued b. Balance sheet position and movements during the year continued The actual gain on scheme assets of \u00a348.0m (2024: loss of \u00a349.7m) is represented by the interest income and return on plan assets (excluding amounts net interest) figures on the previous page. The withdrawal of assets in 2024 represented the unwind of a Group-controlled special purpose vehicle (\u201cSPV\u201d) used to fund the historical deficit in the TP DB Scheme. The deferred tax liability of \u00a329.5m (2024: \u00a329.2m) has been recognised at the standard rate of corporation tax, as this rate best reflects the rate at which the liability will unwind. The pension surplus, net of deferred tax, as at 31 December 2025 is \u00a388.6m (2024: \u00a387.7m). There are no restrictions on the current realisability of the pension surplus. The Group has an explicit right to a surplus in respect of the TP DB Scheme and, based on the operation of trust law in a winding up of the BSS DB Scheme following a gradual settlement, has an unconditional right to receive any surplus in the BSS DB Scheme. c. Defined benefit scheme obligations i. Valuation of scheme obligations Full actuarial valuations of the TP DB scheme and the BSS DB scheme have been carried out as at 30 September 2023. The IAS 19 valuations have been based upon the results of the 30 September 2023 valuations, updated to 31 December 2025 by a qualified actuary. The defined benefit pension schemes expose the Group to actuarial risks such as investment risk, interest rate risk and longevity risk. A summary of the risks and the management of those risks is given below and continued overleaf. Investment risk The present value of the defined benefit liabilities of the schemes is calculated using a discount rate predetermined by reference to high-quality corporate bond yields. If the return on scheme assets is below this rate it may create a plan deficit. Interest risk A decrease in corporate bond yields will increase the schemes\u2019 liabilities, but the effect will be partially offset by an increase in the return on the schemes\u2019 bond and gilt assets. Longevity risk The present value of the liabilities of the schemes is calculated by reference to the best estimate of mortality of pension scheme members both during and after their employment. An increase in the life expectancy of the schemes\u2019 members will increase the schemes\u2019 liabilities. ii. Major actuarial assumptions At 31 December 2025 At 31 December 2024 Rate of increase of pensions in payment (post 2006 entitlement) 2.80% 2.95% Discount rate 5.55% 5.50% Inflation assumption \u2013 RPI 2.85% 3.05% Inflation assumption \u2013 CPI 2.45% 2.55% The yield curve used in setting the discount rate, which includes bonds with an average AA rating and excludes bonds which are sub-sovereign or issued by universities to reflect the credit risk of the defined benefit schemes. In respect of longevity, the valuation adopts the S4PA year of birth tables with improvements in life expectancy to continue in the medium term, with base year appropriate to the member\u2019s date of birth. The weighted average life expectancy of 65-year-old members for the mortality tables used to determine pension liabilities at 31 December 2025 was 21.9 years for men and 24.0 years for women (2024: 21.6 years for men and 23.8 years for women). iii. Maturity profile of obligations The weighted average duration of the obligations of the defined benefit pension schemes is 12 years, with approximately 90% of the obligations expected to mature by 2060. iv. Sensitivities Key estimate over pension assumptions The Group has chosen to adopt assumptions that the Directors believe are generally in line with comparable companies. If the difference between actual inflation is greater than assumed, or if long-term interest rates are lower than assumed, or if the average life expectancy of pensioners increases, then the pension surplus could be materially greater/lower than currently stated in the balance sheet. The estimated effects of reasonably possibly changing the key assumptions (discount rate, inflation and life expectancy) on the IAS 19 \u2013 Employee Benefits balance sheet position of the Group\u2019s defined benefit pension schemes as at 31 December 2025 is given below. Assumption \u00a3m Discount rate Increase of 0.25% (24.8) Decrease of 0.25% 25.6 Inflation Increase of 0.25% 15.3 Decrease of 0.25% (14.9) Longevity Increase of 1 year 25.6 Decrease of 1 year (26.2) d. Scheme assets i. Scheme assets and investment strategy The assets of the TP DB Scheme and the BSS DB Scheme are held separately from those of the Group in funds under the control of the schemes\u2019 Trustees. The investment strategy for the UK schemes are controlled by the Trustee in consultation with the Company. The scheme assets do not include any of the Group\u2019s own financial instruments. In accordance with the schemes\u2019 derisked investment strategy, a high proportion of the largest two pension schemes\u2019 assets are invested in gilts and corporate bonds (\u201cliability-driven investments\u201d). All fair values are provided by the fund managers. Where available, the fair values are quoted prices (e.g. listed equity, sovereign debt and corporate bonds). Unlisted investments are included at values in accordance with relevant guidance. Other significant assets are valued based on observable inputs such as yield curves. The liability-driven investments, which comprise fixed-interest and index-linked gilts, futures, interest and inflation rate swaps, repurchase agreements and liquidity funds, are all daily priced and traded. In June 2023, the High Court handed down a decision in the case of Virgin Media Limited v NTL Pension Trustees II Limited and others relating to the validity of certain historical pension changes due to the lack of actuarial confirmation required by law. In July 2024, the Court of Appeal dismissed the appeal brought by Virgin Media Ltd against aspects of the June 2023 decision. The conclusions reached by the court in this case may have implications for other UK defined benefit plans. The Company and Trustees are currently considering the implications of the case for the TP DB Scheme and the BSS DB scheme. The defined benefit obligation has been calculated on the basis of the pension benefits currently being administered, and at this stage the Directors do not consider it necessary to make any adjustments as a result of the Virgin Media case. ii. Fair value of scheme assets The major categories and fair values of scheme assets at the end of the reporting period for each category are as follows: \u00a3m At 31 December 2025 At 31 December 2024 Level 1: Cash 165.0 71.8 Level 2: Equities 1.1 0.9 Secured finance 44.6 34.1 Corporate bonds 471.7 522.6 Diversified growth fund 1.4 1.4 Liability driven investments 692.2 876.6 Repurchase agreements (467.7 ) (633.8) Level 3: Secured finance income fund 62.8 97.5 971.1 971.1 e. Defined contribution schemes The Group operates two defined contribution schemes for all qualifying colleagues. The pension cost, which represents contributions payable by the Group, amounted to \u00a319.3m in the year (2024: \u00a319.0m). f. Pension scheme contributions for the year The total charge to the income statement disclosed in note 31 of \u00a321.1m (2024: \u00a322.1m) comprises defined benefit scheme current service costs of \u00a31.8m (2024: \u00a33.1m) and \u00a319.3m (2024: \u00a319.0m) of contributions payable to the defined contribution schemes.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfDefinedBenefitPlansExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-487": {
"value": "19. Share capital and reserves
Accounting policy
Equity instruments represent the ordinary share capital of the Group and are recorded at the proceeds
received, net of directly attributable incremental issue costs.
Consideration paid by the Group for its own shares is deducted from total shareholders\u2019 equity. Where
such shares vest to colleagues under the terms of the Group\u2019s share incentive schemes or the Group\u2019s
Sharesave schemes or are sold, any consideration received is included in shareholders\u2019 equity.
a. Share capital
Ordinary shares
Authorised, issued and fully paid
No. \u00a3m
At 1 January and 31 December 2025 212,509,334 23.8
The Company has one class of ordinary share that carries no right to fixed income. The holders of ordinary
shares are entitled to receive dividends as declared and are entitled to one vote per share at meetings of the
Company. All shares rank equally with regard to the Company\u2019s residual assets.
b. Own shares
No. 2025 2024
At 1 January 1,192,183 1,668,682
Reissued (523,060) (476,499)
At 31 December 669,123 1,192,183
The own shares are held by the Employee Share Ownership Trust to satisfy options under the Group\u2019s share
option schemes. None of the own shares have been allocated to grants of executive options and all rights
attaching to the shares are suspended until the shares are reissued.
c. Reserves
A description of the nature and purpose of each reserve is given below:
\u2022 The share premium represents the amounts above the nominal value received for shares sold.
\u2022 The cash flow hedge reserve represents the cumulative gain or loss on the fair value of effective hedging
instruments used in cash flow hedges which have not yet been reclassified to profit or loss.
\u2022 The merger reserve represents the premium on equity instruments issued as consideration for the
acquisition of BSS.
\u2022 The revaluation reserve represents the revaluation surplus that arose from property revaluations in 1999
and prior years.
\u2022 The own shares reserve represents the cost of shares purchased in the market and held by the
Employee Share Ownership Trust to satisfy options under the Group\u2019s share option schemes.
\u2022 The foreign exchange reserve represents the exchange differences recognised on translation of the
assets and liabilities of the operations that have a functional currency different from the Group.
\u2022 The capital redemption reserve arises as a result of the share buybacks and the subsequent cancellation
of shares.
\u2022 Retained earnings represents cumulative results for the Group less cumulative dividends paid.
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-488": {
"value": "Consideration paid by the Group for its own shares is deducted from total shareholders\u2019 equity. Where such shares vest to colleagues under the terms of the Group\u2019s share incentive schemes or the Group\u2019s Sharesave schemes or are sold, any consideration received is included in shareholders\u2019 equity. ",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForTreasurySharesExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-489": {
"value": "a. Share capital Ordinary shares Authorised, issued and fully paid No. \u00a3m At 1 January and 31 December 2025 212,509,334 23.8 The Company has one class of ordinary share that carries no right to fixed income. The holders of ordinary shares are entitled to receive dividends as declared and are entitled to one vote per share at meetings of the Company. All shares rank equally with regard to the Company\u2019s residual assets",
"dimensions": {
"concept": "ifrs-full:DisclosureOfIssuedCapitalExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-490": {
"value": "b. Own shares No. 2025 2024 At 1 January 1,192,183 1,668,682 Reissued (523,060) (476,499) At 31 December 669,123 1,192,183 The own shares are held by the Employee Share Ownership Trust to satisfy options under the Group\u2019s share option schemes. None of the own shares have been allocated to grants of executive options and all rights attaching to the shares are suspended until the shares are reissued",
"dimensions": {
"concept": "ifrs-full:DisclosureOfTreasurySharesExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-491": {
"value": "c. Reserves A description of the nature and purpose of each reserve is given below: \u2022 The share premium represents the amounts above the nominal value received for shares sold. \u2022 The cash flow hedge reserve represents the cumulative gain or loss on the fair value of effective hedging instruments used in cash flow hedges which have not yet been reclassified to profit or loss. \u2022 The merger reserve represents the premium on equity instruments issued as consideration for the acquisition of BSS. \u2022 The revaluation reserve represents the revaluation surplus that arose from property revaluations in 1999 and prior years. \u2022 The own shares reserve represents the cost of shares purchased in the market and held by the Employee Share Ownership Trust to satisfy options under the Group\u2019s share option schemes. \u2022 The foreign exchange reserve represents the exchange differences recognised on translation of the assets and liabilities of the operations that have a functional currency different from the Group. \u2022 The capital redemption reserve arises as a result of the share buybacks and the subsequent cancellation of shares. \u2022 Retained earnings represents cumulative results for the Group less cumulative dividends paid.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfReservesAndOtherEquityInterestExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-492": {
"value": "20. Earnings per share a. Basic and diluted earnings per share \u00a3m 2025 2024 Loss attributable to the owners of the parent \u2013 from continuing operations (176.3) (40.6) \u2013 from discontinued operations \u2013 (36.8) Weighted average number of shares for the purposes of basic earnings per share 211,697,889 211,106,493 Dilutive effect of share options on potential ordinary shares 3,686,346 3,794,915 Weighted average number of ordinary shares for the purposes of diluted earnings per share 215,384,235 214,901,408 Loss per share \u2013 from continuing operations (83.3)p (19.2)p \u2013 from discontinued operations \u2013 (17.4)p \u2013 total (83.3)p (36.6)p Diluted loss per share \u2013 from continuing operations (83.3)p (19.2)p \u2013 from discontinued operations \u2013 (17.4)p \u2013 total (83.3)p (36.6)p A total of 1,823,148 share options (2024: 159,768 share options) had an exercise price in excess of the average market value of the shares during the year. As a result, these share options were excluded from the calculation of diluted earnings per share. b. Adjusted earnings per share Adjusted earnings per share is calculated by excluding the effect of adjusting items, the amortisation of acquisition-related intangible assets from earnings and the loss from discontinued operations . \u00a3m 2025 2024 Loss for the purposes of earnings per share (176.3) (77.4) Adjusting items 222.2 139.1 Amortisation of acquisition-related intangible assets 7.8 10.4 Tax on adjusting items (13.8) (29.0) Tax on amortisation of acquisition-related intangible assets (1.9) (2.6) Adjusting tax 27. 2 \u2013 Loss from discontinued operations \u2013 36.8 Earnings for adjusted earnings per share 65.2 77. 3 Adjusted earnings per share 30.8p 36.6p",
"dimensions": {
"concept": "ifrs-full:DisclosureOfEarningsPerShareExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-493": {
"value": "Adjusted earnings per share is calculated by excluding the effect of adjusting items, the amortisation of acquisition-related intangible assets from earnings and the loss from discontinued operations ",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForEarningsPerShareExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-494": {
"value": "21. Dividends Accounting policy Dividends proposed by the Board of Directors and unpaid at the period end are not recognised in the financial statements until they have been approved by shareholders at the Annual General Meeting. Amounts were recognised in the financial statements as distributions to equity shareholders as follows: \u00a3m 2025 2024 Final dividend for the year ended 31 December 2024 of 9.0 pence (2023: 5.5 pence) per ordinary share 19.1 11.6 Interim dividend for the year ended 31 December 2025 of 4.5 pence (2024: 5.5 pence) per ordinary share 9.5 11.6 Total dividend recognised during the year 28.6 23.2 The Directors are recommending a final dividend of 7.5 pence in respect of the year ended 31 December 2025. The anticipated cash payment in respect of the proposed final dividend is \u00a315.8m (2024: \u00a319.1m)",
"dimensions": {
"concept": "ifrs-full:DisclosureOfDividendsExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-495": {
"value": "Accounting policy
Dividends proposed by the Board of Directors and unpaid at the period end are not recognised in the
financial statements until they have been approved by shareholders at the Annual General Meeting.
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForDividendsExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-496": {
"value": "22. Borrowings Accounting policy Interest-bearing bank loans and overdrafts, loan notes and other loans are recognised in the balance sheet at amortised cost. Finance charges associated with arranging non-equity funding are recognised in the income statement over the life of the facility. All other borrowing costs are recognised in the income statement in accordance with the effective interest rate method. A summary of the Group\u2019s objectives, policies, procedures and strategies with regard to financial instruments and capital management can be found in the Strategic report on page 24. a. Summary \u00a3m 2025 2024 Bonds \u2013 250.0 Term loan 75.0 75.0 Senior unsecured notes 348.2 100.0 Overdraft \u2013 13.2 Finance charges netted off borrowings (3.8) (3.2) Accrued interest 7. 2 \u2013 426.6 435.0 Current liabilities 7.2 13.2 Non-current liabilities 419.4 421.8 426.6 435.0 The Group\u2019s term loan, senior unsecured notes and committed revolving credit facility are subject to two financial covenants: \u2022 Leverage: Net debt / Adjusted EBITDA < 4.0x \u2022 Interest cover: Adjusted operating profit / Net interest payable > 2.0x At 31 December 2025, the following facilities were in place: \u2022 \u00a375m term loan (2024: \u00a375m) repayable in 2027 incurring interest at a weighted average rate of 4.6% (2024: 4.6%). \u2022 \u00a3100m 2023 senior unsecured notes repayable between 2029 and 2031 incurring interest at a weighted average rate of 6.2% (2024: 6.2%). \u2022 \u00a393m and US$40m 2025 senior unsecured notes repayable between 2028 and 2035 incurring interest at a weighted average rate of 6.4%, issued on 13 March 2025. \u2022 \u00a376m, US$25m and \u20ac36m 2025 senior unsecured notes repayable between 2029 and 2037 incurring interest at a weighted average rate of 6.2%, issued on 10 November 2025. The \u00a3250m bond held at 31 December 2024, incurring interest at a rate of 3.8% (2024: 3.8%), was fully repaid in the year. On 10 April 2025, the Group repurchased \u00a3125.0m of the sterling bond at a price of 98.964 per cent. On 19 December 2025, the Group repurchased the remaining \u00a3125.0m of the sterling bond at a price of 100.00 per cent. The variable interest rate on the term loan is hedged by an interest rate swap and parts of the 2025 senior unsecured notes that are denominated in US dollars and euros are hedged by currency swaps. Details of the swaps are disclosed in note 27. The Group\u2019s \u00a315.0m overdraft facility and the Group\u2019s \u00a3375.0m revolving credit facility were undrawn as at 31 December 2025. The overdraft balance of \u00a313.2m on 31 December 2024 was presented as part of current liabilities and formed part of the Group\u2019s notional cash pool and its aggregate cash position of \u00a3231.2m. b. Fair values The book values of financial liabilities have been determined based on amortised cost. Their fair values are approximately equal to their carrying amounts. Details of the fair values of derivatives are given in note 27. c. Guarantees and security There are cross guarantees on the overdrafts between Group companies. Travis Perkins Trading Company Limited, Travis Perkins (Properties) Limited, TP Property Company Limited, CCF Limited, Keyline Civils Specialist Limited, Toolstation Limited and The BSS Group Limited are guarantors of the following facilities advanced to Travis Perkins plc: \u2022 \u00a375m term loan \u2022 \u00a3100m 2023 senior unsecured notes \u2022 \u00a393m and US$40m March 2025 senior unsecured notes \u2022 \u00a375.5m, US$25m and \u20ac36m November 2025 senior unsecured notes \u2022 \u00a3375m revolving credit facility (2024: \u00a3375m) \u2022 Currency derivatives (note 27) The Group companies have entered into other guarantee and counter-indemnity arrangements in respect of guarantees issued in favour of Group companies by several banks amounting to approximately \u00a328.9m (2024: \u00a331.8m). The interest rate and currency swaps are guaranteed by Travis Perkins Trading Company Limited, Travis Perkins (Properties) Limited, CCF Limited, Keyline Civils Specialist Limited, The BSS Group Limited and Toolstation Limited.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfBorrowingsExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-497": {
"value": "Accounting policy
Interest-bearing bank loans and overdrafts, loan notes and other loans are recognised in the balance
sheet at amortised cost. Finance charges associated with arranging non-equity funding are recognised in
the income statement over the life of the facility. All other borrowing costs are recognised in the income
statement in accordance with the effective interest rate method.
A summary of the Group\u2019s objectives, policies, procedures and strategies with regard to financial
instruments and capital management can be found in the Strategic report on page 24.
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForBorrowingsExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-498": {
"value": "27. Financial instruments and risk management Accounting policy Investments and other financial assets classification The Group classifies its financial assets in the following measurement categories: \u2022 Those to be measured subsequently at fair value (either through Other Comprehensive Income \u2018\u2018FVOCI\u2019\u2019, or through profit or loss \u201cFVTPL\u201d) \u2022 Those to be measured at amortised cost The classification depends on the business model for managing the financial assets and the contractual terms of the cash flows. For assets measured at fair value, gains and losses will either be recorded in profit or loss or OCI. For investments in equity instruments that are not held for trading, this will depend on whether the Group has made an irrevocable election at the time of initial recognition to account for the equity investment at FVTPL or at FVOCI. The Group reclassifies debt investments when and only when its business model for managing those assets changes. Measurement At initial recognition, the Group measures a financial asset at its fair value plus, in the case of a financial asset not at FVTPL, transaction costs that are directly attributable to the acquisition of the financial asset. Transaction costs of financial assets carried at FVTPL are expensed in profit or loss. Debt instruments Subsequent measurement of debt instruments depends on the Group\u2019s business model for managing the asset and the cash flow characteristics of the asset. There are two measurement categories into which the Group classifies its debt instruments: \u2022 Amortised cost: Assets that are held for collection of contractual cash flows where those cash flows represent solely payments of principal and interest are measured at amortised cost. Interest income from these financial assets is included in finance income using the effective interest rate method. Any gain or loss arising on derecognition is recognised directly in profit or loss and presented in finance income or finance costs, together with foreign exchange gains and losses. Impairment losses are presented as a separate line item in the income statement. \u2022 FVTPL: Assets that do not meet the criteria for amortised cost or FVOCI are measured at FVTPL. A gain or loss on a debt instrument that is subsequently measured at FVTPL is recognised in profit or loss and presented net within other gains and losses in the period in which it arises Impairment The Group assesses on a forward-looking basis the expected credit losses associated with its debt instruments carried at amortised cost and FVOCI. The impairment methodology applied depends on whether there has been a significant increase in credit risk. For trade receivables, the Group applies the simplified approach permitted by IFRS 9 \u2013 Financial Instruments, which requires expected lifetime losses to be recognised from initial recognition of the receivables. Derivative financial instruments The Group uses derivative financial instruments to hedge its exposure to interest rate and foreign exchange risks arising from financing activities. The Group does not enter into speculative financial instruments. In accordance with its treasury policy, the Group does not hold or issue derivative financial instruments for derivative trading purposes. Derivative financial instruments are stated at fair value. The fair value of derivative financial instruments is the estimated amount the Group would receive or pay to transfer to a market participant the derivative at the balance sheet date, taking into account current interest and exchange rates and the current creditworthiness of the counterparties. Where derivatives do not qualify for hedge accounting, any gains or losses on re-measurement are immediately recognised in the Statement of Comprehensive Income. Where derivatives qualify for hedge accounting, recognition of any resultant gain or loss depends on the nature of the hedge relationship and the items being hedged. In order to qualify for hedge accounting, the Company is required to document from inception, the relationship between the item being hedged and the hedging instrument. The Company is also required to document and demonstrate an assessment of the relationship between the hedged item and the hedging instrument, which shows that the hedge will be highly effective on an on-going basis. This effectiveness testing is performed at each reporting date to ensure that the hedge remains highly effective. Derivative financial instruments are classified as cash flow hedges when they hedge the Company\u2019s exposure to variability in cash flows that are either attributable to a particular risk associated with a recognised asset or liability, or a highly probable forecasted transaction. The effective element of any gain or loss from re-measuring the derivative instrument is recognised directly in equity. The associated cumulative gain or loss is removed from equity and recognised in the Statement of Comprehensive Income in the same period during which the hedged transaction affects the Statement of Comprehensive Income. The classification of the effective portion when recognised in the Statement of Comprehensive Income is the same as the classification of the hedged transaction. Any element of the re-measurement criteria of the derivative instrument which does not meet the criteria for an effective hedge is recognised immediately in the Statement of Comprehensive Income. Hedge accounting is discontinued when the hedging instrument expires or is sold, terminated or exercised, or no longer qualifies for hedge accounting. At that point in time, any cumulative gain or loss on the hedging instrument recognised in equity is retained in equity until the forecasted transaction occurs or the original hedged item affects the Statement of Comprehensive Income. If a forecasted hedged transaction is no longer expected to occur, the net cumulative gain or loss recognised in equity is transferred to the Statement of Comprehensive Income. Foreign currency forward contracts are marked-to-market at the balance sheet date, with any gains or losses being taken through the income statement. Derivatives embedded in commercial contracts are treated as separate derivatives when their risks and characteristics are not closely related to those of the underlying contracts, with unrealised gains or losses being reported in the income statement. a. The carrying value of categories of financial instruments \u00a3m 2025 2024 Financial assets: Mandatorily at FVTPL \u2013 0.5 Loans and receivables (including cash and cash equivalents) at amortised cost 1,030.9 958.0 Designated instrument-by-instrument at FVOCI 1.3 3.3 1,032.2 961.3 Financial liabilities: Mandatorily at FVTPL 0.1 \u2013 Borrowings at amortised cost 426.6 435.0 Trade and other payables (including overdrafts) at amortised cost 828.9 753.0 Designated instrument-by-instrument as either FVTPL or FVOCI 3.1 \u2013 Leases 621.4 654.6 1,880.1 1,842.6 Loans and receivables exclude prepayments of \u00a338.7m (2024: \u00a349.0m). Trade and other payables exclude taxation and social security and deferred income and accruals relating to employee benefits totalling \u00a335.3m (2024: \u00a385.2m). The carrying amount of financial assets recorded in the financial statements, which is net of impairment losses, represents the Group\u2019s maximum exposure to credit risk. The Group has considered the impact of credit risk on its financial instruments and because the counterparties are banks with strong credit ratings considers its impact to be immaterial. The issuer credit ratings of the banks and financial institutions where the Group\u2019s deposits are held ranges from A to AAA (S&P), A1 to Aa2 (Moody\u2019s), and A to AA- (Fitch). 27. Financial instruments and risk management continued b. Fair value of financial instruments Financial assets and financial liabilities measured at fair value comprise foreign currency forward contracts, interest rate swaps and currency swaps. The fair value of these derivative financial instruments was calculated using discounted cash flows analysis and the following inputs: interest rate and foreign exchange forward curves and GBP, EUR and USD benchmark rates. These instruments were classified as level 2 in the fair value hierarchy because all inputs used in the valuation techniques were based on observable market data. There were no transfers between levels during the year. The carrying value of the financial assets and financial liabilities measured at amortised cost approximates their value either due to short maturities or because these are floating rate instruments and the credit risk did not change significantly since initial recognition.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFinancialInstrumentsExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-499": {
"value": "Accounting policy Investments and other financial assets classification The Group classifies its financial assets in the following measurement categories: \u2022 Those to be measured subsequently at fair value (either through Other Comprehensive Income \u2018\u2018FVOCI\u2019\u2019, or through profit or loss \u201cFVTPL\u201d) \u2022 Those to be measured at amortised cost The classification depends on the business model for managing the financial assets and the contractual terms of the cash flows. For assets measured at fair value, gains and losses will either be recorded in profit or loss or OCI. For investments in equity instruments that are not held for trading, this will depend on whether the Group has made an irrevocable election at the time of initial recognition to account for the equity investment at FVTPL or at FVOCI. The Group reclassifies debt investments when and only when its business model for managing those assets changes. Measurement At initial recognition, the Group measures a financial asset at its fair value plus, in the case of a financial asset not at FVTPL, transaction costs that are directly attributable to the acquisition of the financial asset. Transaction costs of financial assets carried at FVTPL are expensed in profit or loss. Debt instruments Subsequent measurement of debt instruments depends on the Group\u2019s business model for managing the asset and the cash flow characteristics of the asset. There are two measurement categories into which the Group classifies its debt instruments: \u2022 Amortised cost: Assets that are held for collection of contractual cash flows where those cash flows represent solely payments of principal and interest are measured at amortised cost. Interest income from these financial assets is included in finance income using the effective interest rate method. Any gain or loss arising on derecognition is recognised directly in profit or loss and presented in finance income or finance costs, together with foreign exchange gains and losses. Impairment losses are presented as a separate line item in the income statement. \u2022 FVTPL: Assets that do not meet the criteria for amortised cost or FVOCI are measured at FVTPL. A gain or loss on a debt instrument that is subsequently measured at FVTPL is recognised in profit or loss and presented net within other gains and losses in the period in which it arises Impairment
The Group assesses on a forward-looking basis the expected credit losses associated with its debt
instruments carried at amortised cost and FVOCI. The impairment methodology applied depends on
whether there has been a significant increase in credit risk. For trade receivables, the Group applies the
simplified approach permitted by IFRS 9 \u2013 Financial Instruments, which requires expected lifetime losses
to be recognised from initial recognition of the receivables.
Derivative financial instruments
The Group uses derivative financial instruments to hedge its exposure to interest rate and foreign
exchange risks arising from financing activities. The Group does not enter into speculative financial
instruments. In accordance with its treasury policy, the Group does not hold or issue derivative financial
instruments for derivative trading purposes.
Derivative financial instruments are stated at fair value. The fair value of derivative financial instruments
is the estimated amount the Group would receive or pay to transfer to a market participant the derivative
at the balance sheet date, taking into account current interest and exchange rates and the current
creditworthiness of the counterparties.
Where derivatives do not qualify for hedge accounting, any gains or losses on re-measurement are
immediately recognised in the Statement of Comprehensive Income. Where derivatives qualify for hedge
accounting, recognition of any resultant gain or loss depends on the nature of the hedge relationship and
the items being hedged.
In order to qualify for hedge accounting, the Company is required to document from inception, the
relationship between the item being hedged and the hedging instrument. The Company is also required to
document and demonstrate an assessment of the relationship between the hedged item and the hedging
instrument, which shows that the hedge will be highly effective on an on-going basis. This effectiveness
testing is performed at each reporting date to ensure that the hedge remains highly effective.
Derivative financial instruments are classified as cash flow hedges when they hedge the Company\u2019s
exposure to variability in cash flows that are either attributable to a particular risk associated with a
recognised asset or liability, or a highly probable forecasted transaction. The effective element of any
gain or loss from re-measuring the derivative instrument is recognised directly in equity.
The associated cumulative gain or loss is removed from equity and recognised in the Statement of
Comprehensive Income in the same period during which the hedged transaction affects the Statement
of Comprehensive Income. The classification of the effective portion when recognised in the Statement
of Comprehensive Income is the same as the classification of the hedged transaction. Any element of
the re-measurement criteria of the derivative instrument which does not meet the criteria for an effective
hedge is recognised immediately in the Statement of Comprehensive Income.
Hedge accounting is discontinued when the hedging instrument expires or is sold, terminated or
exercised, or no longer qualifies for hedge accounting. At that point in time, any cumulative gain or loss
on the hedging instrument recognised in equity is retained in equity until the forecasted transaction
occurs or the original hedged item affects the Statement of Comprehensive Income. If a forecasted
hedged transaction is no longer expected to occur, the net cumulative gain or loss recognised in equity is
transferred to the Statement of Comprehensive Income.
Foreign currency forward contracts are marked-to-market at the balance sheet date, with any gains or
losses being taken through the income statement. Derivatives embedded in commercial contracts are
treated as separate derivatives when their risks and characteristics are not closely related to those of the
underlying contracts, with unrealised gains or losses being reported in the income statement.
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-500": {
"value": "c. Risk management Derivatives During 2022 the Group obtained a five-year term loan facility for \u00a375m and at the same time entered into an equal interest rate swap arrangement to hedge the full variable component of the interest rate for the life of the instrument. The \u00a3125m of US private placement notes issued in March 2025 included a dollar tranche of $40m on a three-year term. The \u00a3125m of US private placement notes issued in November 2025 included a euro tranche of \u20ac36m on a four-year term and USD tranches of $5m, $10m and $10m on four-year, five-year and seven-year terms respectively. The Group entered into currency swap arrangements to mitigate the risk arising from movements in exchange rate. The risk management objective is to hedge against the volatility of cash flows of the variable interest rate and foreign exchange elements of the loan facility. Interest rate swaps and currency swaps were designated as hedging instruments in their entirety. Since all critical terms matched during the year, there is an economic relationship. The only source of ineffectiveness of the designated hedges is expected to be credit risk and foreign currency basis risk. Hedge ineffectiveness in relation to the swaps was negligible for 2025 and 2024. The Group has the following derivative financial instruments in the balance sheet: \u00a3m 2025 2024 Non-current assets Interest rate swap \u2013 cash flow hedge 1.3 3.3 Total non-current derivative financial instrument assets 1.3 3.3 Non-current liabilities Currency swaps \u2013 cash flow hedge 3.1 \u2013 Total non-current derivative financial instrument liabilities 3.1 \u2013 Current liabilities Foreign currency forward contracts 0.1 \u2013 Total current derivative financial instrument liabilities 0.1 \u2013 The Group\u2019s hedging reserve relates to the combined hedge instruments: \u00a3m 2025 2024 At 1 January 2.5 2.2 Change in fair value of hedging instrument recognised in OCI (5.1) 0.4 Reclassified from OCI to profit or loss 2.2 \u2013 Deferred tax recognised in OCI 0.9 (0.1) At 31 December 0.5 2.5 Interest rate swaps currently in place cover 100% of the term loan principal outstanding. The fixed interest rate of the swap is 2.673%. The interest rate of the term loan consists of a variable element based on the Sterling Overnight Index Average (\u201cSONIA\u201d) and a margin between 1.8% \u2013 2.4%. The swap contracts require settlement of the net interest receivable or payable every six months and coincides with the dates on which payment is due on the underlying term loan. The effects of the interest rate swaps of the Group\u2019s financial position and performance are as follows: \u00a3m 2025 2024 Carrying amount (non-current assets) 1.3 3.3 Notional amount 75.0 75.0 Maturity date 15 August 2027 15 August 2027 Hedge ratio 1:1 1:1 Loss on fair value remeasurement of hedging instruments for the year (2.0) 0.4 Weighted average hedged rate for the year 4.2% 5.1% Currency swaps currently in place cover 100% of the principal outstanding. The Group swapped the US$40m tranche of its March 2025 debt issuance for \u00a332m at the prevailing market rate on a term equal to the principal term. At each semi-annual interest date, interest at 6.07% is received in USD and interest of 6.06% is paid in GBP. The Group swapped the \u20ac36m and US$25m tranches of its November 2025 debt issuance for \u00a350m at the prevailing market rate on a term equal to the principal term. At each semi-annual interest date, for the euro tranches, interest at 3.97% is received in EUR and interest of 5.79% is paid in GBP, and for the USD tranches, interest at 5.53% is received in USD and interest of 6.10% is paid in GBP. The semi-annual interest dates on the swaps coincide with the dates on which interest payments are due on the underlying facility. The effects of the exchange rate swaps on the Group\u2019s financial position and performance are as follows: \u00a3m 2025 Carrying amount (non-current assets) (3.1) Notional amount US$65m and \u20ac36m Maturity date Between 13 March 2028 and 10 Nov 2032 Hedge ratio 1:1 Loss on fair value remeasurement of hedging instruments for the year (3.1) Weighted average hedged rate for the year 5.8% (EUR tranches) 6.1% (USD tranches) The following amounts were recognised in the Group\u2019s profit and loss: \u00a3m 2025 2024 Net (loss)/gain on foreign currency forwards not qualifying as hedges included in interest (expense)/income (0.6) 0.8 Interest risk management The Group is exposed to interest rate risk as the Group borrows funds at both fixed and floating interest rates. The risk is managed by the Group by maintaining an appropriate mix between fixed and floating rate borrowings and by the use of interest rate swap contracts and forward interest rate contracts when appropriate. Hedging activities are evaluated regularly to align with interest rate views and defined risk appetite, ensuring optimal hedging strategies are applied, by either positioning the balance sheet or protecting interest expense through different interest rate cycles. Currency risk management The Group is exposed to exchange rate risk as entities in the Group borrow funds in both US dollars and euros. The risk is managed by the Group by the use of both currency and sterling debt and by the use of currency swap contracts when appropriate. Hedging activities are evaluated regularly to align with exchange rate views and defined risk appetite, ensuring optimal hedging strategies are applied. The Group acquires goods for sale from overseas which, when not denominated in sterling, are paid for principally in US dollars and euros. The Group has entered into forward foreign exchange contracts (all of which are less than one year in duration) to buy US dollars and euros to hedge the exchange rate risk arising from these anticipated future purchases. At the balance sheet date the total notional value of contracts to which the Group was committed was \u20ac0.5m and US$28.5m (2024: \u20acnil and US$24.0m). The fair value of these derivatives was \u00a30.1m liability (2024: \u00a30.5m asset). These contracts are not designated cash flow hedges and accordingly the fair value movement has been reflected in the income statement. Interest rate sensitivity analysis A sensitivity analysis has been determined based on the exposure to interest rates for both derivatives and non-derivative financial instruments at the balance sheet date. The analysis is prepared assuming that the balances at the balance sheet date were constant for the whole year. A 1.0% increase or decrease is used when reporting interest rate risk internally to key management personnel. At 31 December 2025 the Group had no floating rate liabilities except for its \u00a375m five-year term loan facility for which the Group entered into an interest rate swap arrangement to hedge the full variable component of the interest rate for the life of the instrument. There was \u00a3392m on short-term deposit at 31 December 2025 (2024: \u00a3200m). A 1.0% increase or decrease in interest rates, with all other variables held constant, would have the following impact: \u2022 Profit before taxation for the year ended 31 December 2025 would have increased or decreased by \u00a33.9m (2024: increased or decreased by \u00a32.0m) due to the short-term deposits \u2022 Net equity would have increased or decreased by \u00a32.9m (2024: increased or decreased by \u00a31.5m) 27. Financial instruments and risk management continued c. Risk management continued Exchange rate sensitivity analysis At 31 December 2025 the Group had no currency liabilities except for its US private placement notes for which the Group entered into currency swap arrangements to hedge the full amount for the life of the instrument. d. Liquidity analysis The following table details the Group\u2019s liquidity analysis for its derivative financial instruments and other financial liabilities. The table has been drawn up based on the undiscounted net cash flows on the derivative instruments that settle on a net basis and the undiscounted gross cash flows on those derivatives that require gross settlement. When the amount payable or receivable is not fixed, the amount disclosed has been determined by reference to the projected interest and foreign currency rates as illustrated by the yield curves existing at the reporting date. \u00a3m 2025 0\u20131 year 1\u20132 years 2\u20135 years 5+ years Total Gross settled: Foreign exchange forward contracts (21.7) \u2013 \u2013 \u2013 (21.7) Currency swaps cash outflows \u2013 cash flow hedge (4.9) (4.9) (82.3) (8.4) (100.5) Currency swaps cash inflows \u2013 cash flow hedge 4.1 4.1 78.5 8.3 95.0 Net settled: Interest rate swap \u2013 cash flow hedge 0.8 0.5 \u2013 \u2013 1.3 Total derivative financial instruments (21.7) (0.3) (3.8) (0.1) (25.9) Net settled: Borrowings (23.0) (101.2) (248.2) (189.8) (562.2) Trade and other payables at amortised cost (828.9) \u2013 \u2013 \u2013 (828.9) Leases (121.9) (204.3) (159.0) (315.1) (800.3) Total financial instruments (973.8) (305.5) (407. 2) (504.9) (2,191.4) \u00a3m 2024 0\u20131 year 1\u20132 years 2\u20135 years 5+ years Total Gross settled: Foreign exchange forward contracts (18.7) \u2013 \u2013 \u2013 (18.7) Net settled: Interest rate swap \u2013 cash flow hedge 1.1 0.9 0.7 \u2013 2.7 Total derivative financial instruments (17.6) 0.9 0.7 \u2013 (16.0) Net settled: Borrowings (30.6) (270.6) (132.7) (72.2) (506.1) Trade and other payables at amortised cost (753.0) \u2013 \u2013 \u2013 (753.0) Leases (119.9) (208.0) (161.3) (336.2) (825.4) Total financial instruments (903.5) (478.6) (294.0) (408.4) (2,084.5)",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFinancialRiskManagementExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-501": {
"value": "28. Impairment Accounting policy Impairment of tangible and intangible assets The carrying amounts of the Group\u2019s tangible and intangible assets with a definite useful life are reviewed at each balance sheet date to determine whether there is any indication of impairment to their value. If such an indication exists, the asset\u2019s recoverable amount is estimated and compared to its carrying value. Where the asset does not generate cash flows that are independent from other assets, the Group estimates the recoverable amount of the CGU to which the asset belongs. The Group\u2019s CGUs are the branches of its Merchanting and Toolstation businesses. The recoverable amount of an asset is the greater of its fair value less disposal cost and its value-in-use (the present value of the future cash flows that the asset is expected to generate). In determining value in use the present value of future cash flows is discounted using a pre-tax discount rate that reflects current market assessments of the time-value of money in relation to the period of the investment and the risks specific to the asset concerned. Where the carrying value exceeds the recoverable amount a provision for the impairment loss is established with a charge being made to the income statement. When the reasons for an impairment no longer exist the impairment is reversed in the income statement up to the net book value that the relevant asset would have had if it had not been impaired and if it had been depreciated, except in respect of goodwill for which impairments are not reversed. For intangible assets that have an indefinite useful life the recoverable amount is estimated on an annual basis. a. Measuring recoverable amounts The recoverable amounts of the goodwill and other non-monetary assets with indefinite useful lives are determined for all CGUs and CGU groupings from value-in-use calculations. Where a potential impairment has been identified, the fair value less costs of disposal has been determined for individual assets. The valuations are considered to be level 3 in the fair value hierarchy due to unobservable inputs used in the valuation. The key financial assumptions for the value-in-use models are those regarding the discount rate and the terminal growth rate. The key operating assumptions for these models are sales growth and operating margin percentage. Management estimates pre-tax discount rates that reflect current market assessments of the time-value of money and the risks specific to the CGU groupings that are not reflected in the cash flow projections. In developing these assumptions, management has considered the possible impacts of climate risks. This has included consideration of the impact of climate risks on the Group\u2019s required capital expenditure, on energy costs directly in the business and the supply chain and the impact of the changes on the Group\u2019s markets and customers. The assessment was completed as at 30 September 2025. Key financial assumptions The key financial assumptions used in the estimation of the recoverable amount are set out below. The values assigned to the key financial assumptions represent management\u2019s assessment of current market conditions and future trends and have been based on historical data from both external and internal sources. 2025 2024 Pre-tax discount rate 9.4 \u2013 12.8% 11.7 \u2013 12.9% Terminal growth rate 1.3 \u2013 2.0% 1.6 \u2013 2.0% The pre-tax discount rate used in the estimation of the recoverable amount for the Travis Perkins General Merchant, TFS, Keyline and CCF CGU groupings was 12.8% and for the Toolstation Benelux CGU grouping was 9.4%. Management determined the values assigned to these financial assumptions as follows: \u2022 Pre-tax discount rates: These are calculated by adjusting the weighted average cost of capital (\u201cWACC\u201d) of the Group for the impact of tax and reflect specific risks relating to the Group\u2019s industries and the countries in which the Group operates. The pre-tax discount rate is adjusted for risks not adjusted for in the cash flow forecasts, including risks related to the industry of each CGU. \u2022 Terminal growth rate: This is the weighted average growth rate used to extrapolate cash flows beyond the budget period. For the UK CGUs, this represents the forecast inflation growth for the final year considered in the Bank of England\u2019s long-term inflation target. For Toolstation Benelux, this represents the GDP growth forecast for the Netherlands in the final available forecast year in the IMF\u2019s World Economic Outlook Database. Key operating assumptions Cash flow forecasts are derived from the most recent Board-approved strategic plans, updated for changes in current trading conditions and adjusted for risks relevant to the cash flows. The key operating assumptions used in the estimation of future cash flows for the UK CGUs and CGU groupings are: \u2022 Sales growth rates on which the approved corporate plans are based and which are derived from a variety of sources that provide market volume forecasts, including construction and consumer outlook reports, current and forecast housing-market transaction numbers and mortgage-approval levels. The Directors consider this to be the principal operating assumption as it determines management\u2019s approach to the interlinked factors underlying the operating margin percentage. \u2022 Operating margin percentages are forecast in the context of the sales growth assumptions and are based on historical experience of operating margins, adjusted for the impact of changes to product costs and cost-saving initiatives. For the less-mature Toolstation Benelux CGU grouping, the key operating assumption is future sales growth. This assumption is set in the context of the store opening profile and historical data from the Toolstation UK and Toolstation Benelux businesses on the store maturity profile. Cash flows beyond the strategic plan periods (2030 and beyond for the UK CGUs and 2031 and beyond for the Toolstation Benelux CGU) have been determined using the terminal growth rate. The longer period used for the Toolstation Benelux CGU is consistent with market practice for valuing high-growth loss-making businesses. Corporate costs are allocated to CGUs on a pro-rata basis per each CGU\u2019s sales. Results The recoverable amount of goodwill and intangible assets with indefinite useful lives was in excess of their book value in all CGUs and CGU groupings and therefore no impairments have been recognised in respect of these CGUs and CGU groupings, except for the Toolstation Benelux CGU and CCF Limited in respect of which a \u00a3105.5m and \u00a343.6m impairment charge has been recognised respectively. There are no reasonably possible changes in the key assumptions used in the impairment reviews that would cause the recoverable amounts to be lower than the carrying amounts except in respect of the Travis Perkins General Merchant, TFS and Keyline CGU groupings. Sensitivity disclosures are provided for these CGU groupings. Toolstation Benelux Impairment Following the annual impairment review of goodwill and intangible assets, an impairment of \u00a3105.5m has been recognised in respect of the Toolstation Benelux CGU. Trading conditions in its market have been challenging and as a consequence a lower value in use has been recognised in the impairment model. This impairment charge relates to \u00a322.2m of right-of-use assets, \u00a38.7m of tangible fixed assets, \u00a360.1m of goodwill and \u00a314.5m of other acquisition-related intangible fixed assets. There are no reasonably possible changes in the assumptions used in this impairment review that would result in a materially different impairment charge. 28. Impairment continued a. Measuring recoverable amounts continued CCF Following the annual impairment review of goodwill and intangible assets, an impairment of \u00a343.6m has been recognised in respect of the CCF CGU. Trading conditions in its market have been challenging and as a consequence a lower recoverable amount has been recognised in the VIU model. A further impairment charge of \u00a32.9m of right-of-use and tangible fixed assets has also been recognised as part of the branch impairment review. The recoverable amount of these fixed assets relating to the CCF business is now \u00a356.6m. There are no reasonably possible changes in the assumptions used in this impairment review that would result in a materially different impairment charge. Branch impairments Indications of impairment were identified for some Merchanting branches, each of which is a CGU, and as a result of the impairment reviews performed for these branches an impairment charge of \u00a367.4m has been recognised, principally in respect of certain Travis Perkins General Merchant, BSS, TFS, Keyline and CCF branches. All these impairments relate to the Merchanting segment. The annual impairment reviews for branches in the Group\u2019s other businesses did not result in any impairments. The impairment reviews for branches in the Merchanting businesses have resulted in an impairment charge of \u00a367.4m being recognised. This charge consists of \u00a360.2m in respect of Travis Perkins General Merchant branches, \u00a33.1m in respect of CCF branches and \u00a34.1m in respect of other Merchanting CGUs. It reflects the challenging trading conditions and extended period of low market volumes in the UK construction sector. The impairment charge relates to \u00a30.3m of right-of-use assets, \u00a333.8m of tangible fixed assets and \u00a333.3m of freehold property. In 2024 an impairment charge of \u00a332.7m was recognised in respect of the Staircraft CGU and of \u00a362.7m in respect of some Merchanting branches, principally in respect of certain Travis Perkins General Merchant and CCF branches. There are no reasonably possible changes in the key assumptions used in the impairment reviews that would cause the recoverable amounts to be lower than the carrying amounts except in respect of the Travis Perkins General Merchant, TFS and Keyline CGU groupings. Sensitivity disclosures are provided for these CGU groupings. Sensitivity disclosures The recoverable amounts calculated in the impairment reviews of the Travis Perkins General Merchant, TFS and Keyline CGU groupings exceeded the carrying amounts as below. Carrying amount Headroom Travis Perkins General Merchant 993.7 297.0 TFS 24.6 0.2 Keyline 182.7 4.0 Whilst the Directors believe the assumptions are realistic, there are reasonably possible changes in the key assumptions that would cause the recoverable amounts of these CGUs to be lower than the carrying amounts. The key variables applied to the value-in-use calculations for Travis Perkins General Merchant and Keyline, and the value at which the recoverable amount would be equal to the carrying amount for each CGU, were: Travis Perkins General Merchant TFS Keyline Assumption Sensitivity Assumption Sensitivity Assumption Sensitivity Pre-tax discount rate 12.8% 15.9% 12.8% 12.8% 12.8% 13.0% Average sales growth 4.9% 3.5% 12.7% 12.7% 6.6% 6.4% Operating margin in the terminal year 5.5% 4.1% 2.9% 2.9% 3.7% 3.6% The average sales growth assumptions, which are compound annual growth rates, reflect an expectation that the significant reduction in construction market volumes in the UK since 2021 will be partially reversed over the forecast period. These impairment reviews are not sensitive to reasonably possible changes to the terminal growth rate. All other variables have been held equal. There are no reasonably possible changes in the assumptions used in the impairment reviews of Toolstation Benelux, CCF, Toolstation and BSS that would result in a materially different impairment charge. While there is not a significant risk of an adjustment to the carrying amount of any one branch cash- generating unit that would be material to the Group as a whole in the next financial year, the following table summaries the reasonable possible changes in key assumptions which most impact the impairment of the Group\u2019s entire portfolio of branch cash-generating units, presenting in aggregate due to the large number of individually immaterial branch cash-generating units. The reasonable possible change on the next page applies the corresponding change to the base scenario. Reasonably possible scenario Impact on Impairment 2025 Pre-tax discount rate Increase of 100bps for each branch Increase 0.7 Decrease of 100bps for each branch Decrease 0.5 Sales growth Increase of 5% for each branch Decrease 1.7 Decrease of 5% for each branch Increase 1.7 Operating margin in the terminal year Increase of 50bps for each branch Decrease 2.4 Decrease of 50bps for each branch Increase 2.9 Key estimates over assumptions used in value-in-use calculations In testing for impairment, the recoverable amounts of the Travis Perkins General Merchant, TFS and Keyline CGU groupings have been determined by reference to their value-in-use. In producing these estimates, the Directors have made certain estimates concerning discount rates, future cash flows and the future development of the businesses that are consistent with the 2025 strategic plans and the businesses\u2019 2026 budgets. Whilst the Directors consider the assumptions to be realistic, should actual results, including those for future sales growth, be different from expectations, for instance due to a worsening of the British economy, then it is possible that the value of goodwill and other intangible and tangible assets included in the balance sheet could become impaired or the impairment charge could be different. The range of reasonably possible outcomes includes the headroom movements detailed in the scenarios in the table below. Pre-tax discount rate Sales growth Operating margin in the terminal year -100bps +100bps -5% +5% -50bps +50bps \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m Travis Perkins General Merchant 153.0 (128.6) (819.9) 902.1 (102.8) 102.8 TFS 2.1 (2.9) (24.2) 26.6 (4.1) 4.1 Keyline 22.1 (17.9) (91.3) 100.7 (22.3) 22.3",
"dimensions": {
"concept": "ifrs-full:DisclosureOfImpairmentOfAssetsExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-502": {
"value": "Accounting policy
Impairment of tangible and intangible assets
The carrying amounts of the Group\u2019s tangible and intangible assets with a definite useful life are reviewed
at each balance sheet date to determine whether there is any indication of impairment to their value.
If such an indication exists, the asset\u2019s recoverable amount is estimated and compared to its carrying
value. Where the asset does not generate cash flows that are independent from other assets, the Group
estimates the recoverable amount of the CGU to which the asset belongs. The Group\u2019s CGUs are the
branches of its Merchanting and Toolstation businesses. The recoverable amount of an asset is the
greater of its fair value less disposal cost and its value-in-use (the present value of the future cash flows
that the asset is expected to generate). In determining value in use the present value of future cash flows
is discounted using a pre-tax discount rate that reflects current market assessments of the time-value of
money in relation to the period of the investment and the risks specific to the asset concerned.
Where the carrying value exceeds the recoverable amount a provision for the impairment loss is
established with a charge being made to the income statement. When the reasons for an impairment
no longer exist the impairment is reversed in the income statement up to the net book value that the
relevant asset would have had if it had not been impaired and if it had been depreciated, except in
respect of goodwill for which impairments are not reversed.
For intangible assets that have an indefinite useful life the recoverable amount is estimated on
an annual basis.
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-503": {
"value": "29. Capital commitments \u00a3m 2025 2024 Contracted for but not provided in the accounts 11.2 26.4",
"dimensions": {
"concept": "ifrs-full:DisclosureOfCommitmentsExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-504": {
"value": "30. Disposals
The Staircraft business was sold on 30 April 2025 for cash consideration of \u00a320.8m. As this business did
not represent a separate major line of business or geographical area of operations, it has not been presented
as a discontinued operation in the income statement. A loss has been recognised on the sale of the business
of \u00a32.4m. The revenue of \u00a324.9m and adjusted operating loss of \u00a30.5m in the period to 30 April 2025 are
presented in the Group\u2019s financial statements as part of the Merchanting segment.
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-505": {
"value": "31. Staff costs
a. Average number of persons employed
The average monthly number of persons employed (including Executive Directors):
No. 2025 2024
Sales and distribution 16,105 16,243
Administration 1,281 1,351
17,386 17,594
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfInformationAboutEmployeesExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-506": {
"value": "b. Aggregate remuneration \u00a3m 2025 2024 Wages and salaries 574.0 565.1 Social security costs 62.6 52.5 Pension costs (note 18) 21.1 22.1 Share-based payments (note 32) 7.7 11.7 665.4 651.4 Director\u2019s remuneration, including pension contributions and Long-Term Incentive plan awards, is set out in the Single Total Figure of Remuneration table in the Directors\u2019 remuneration report on pages 88 to 89. The total amounts received or receivable by Directors under long-term incentive schemes in respect of qualifying service in the year is \u00a333,000 (2024: \u00a31,000). The aggregate of gains made by the Directors in the year on the exercise of share options equated to \u00a3nil (2024: \u00a3nil). Details with respect to share options exercised in the year are set out on page 92",
"dimensions": {
"concept": "ifrs-full:DisclosureOfEmployeeBenefitsExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-507": {
"value": "32. Share-based payments Accounting policy The Group issues equity-settled share-based payments to colleagues: long-term incentives, executive share options and Save As You Earn (\u201cSAYE\u201d). These payments are measured at fair value at the date of grant taking into account the terms and conditions upon which the options were granted.The cost of equity-settled awards is recognised on a straight-line basis over the vesting period, based on the Group\u2019s estimate of the number of shares that will eventually vest. a. Fair value of options A pricing model is used to calculate the fair value of the options and the amount to be expensed. The probability of the performance conditions being achieved was included in the fair-value calculations. The inputs into the model for options granted in the year expressed as weighted averages are as follows: 2025 2024 SAYE Nil-price options SAYE Nil-price options Share price at grant date (pence) 635.5 621.3 729.0 729.0 Option exercise price (pence) 483.0 \u2013 724.0 \u2013 Volatility (%) 30.3% 32.4% 32.4% 37.7% Option life (years) 3.4 3.0 3.3 2.6 Risk-free interest rate (%) 3.7% 3.9% 4.0% 4.4% Expected dividends as a dividend yield (%) 2.5% 2.5% 2.1% 3.3% Volatility is based on historic share prices over a period equal to the vesting period. Option life used in the model has been based on options being exercised in accordance with historical patterns. For executive share options the vesting period is three years. If options remain unexercised after a period of ten years from the date of grant, these options expire. Options are forfeited if the colleague leaves the Group before options vest. SAYE options vest after three or five years and expire three and a half or five and a half years after the date of grant. The risk-free interest rate of return is the yield on zero-coupon UK Government bonds on a term consistent with the vesting period. Dividends used are based on actual dividends where data is known and future dividends estimated using a dividend cover of three times (within the Board\u2019s target range). The expected life of options used in the model has been adjusted, based upon management\u2019s best estimate, for the effect of non-transferability, exercise restrictions and behavioural considerations. There are no cash-settled share schemes. All share schemes are equity-settled. b. Income statement charge and shares granted A description of the share schemes operated by the Group is contained in the Remuneration report on page 78. The estimated fair values of the shares under option granted under the Group\u2019s share schemes in 2025 are as follows: Share scheme Grant date Fair value for the Group \u00a3m Performance Share Plan (nil-price options) 19 June 2025 7. 2 Save As You Earn 25 Sep 2025 7.4 c. Share options for the Group The number and weighted average exercise price of share options is as follows: In thousands of options The Group 2025 2024 Weighted average exercise price (pence) Number of options Number of nil price options Weighted average exercise price (pence) Number of options Number of nil price options Outstanding at the beginning of the year 474 4,509 2,356 527 5,132 2,229 Forfeited during the year 462 (2,835) (757) 542 (1,644) (481) Exercised during the year \u2013 \u2013 (523) 706 (19) (458) Granted during the year 483 3,313 1,191 724 1,040 1,066 Outstanding at the end of the year 569 4,987 2,267 474 4,509 2,356 Exercisable at the end of the year 488 252 152 547 39 75 The weighted-average share price on the date of exercise of options exercised in the period was 529 pence (2024: 896 pence). Details of the options outstanding at 31 December are as follows: 2025 2024 SAYE Nil price options Executive options SAYE Nil price options Range of exercise prices (pence) 483 \u2013 1,411 \u2013 898 \u2013 1,958 690 \u2013 1,411 \u2013 Weighted average exercise price (pence) 567 \u2013 1,304 717 \u2013 Number of shares (thousands) 4,979 2,267 14 4,530 2,349 Weighted average expected remaining life (years) 2.7 1.7 \u2013 2.1 1.6 Weighted average contractual remaining life (years) 3.2 11.7 \u2013 2.6 11.6 d. Impact of vesting and exercise If all SAYE shares are acquired on the first possible day, 4.7m of shares will be issued for a consideration of \u00a323.8m in the years below: No. m \u00a3m 2026 2027 2028 2029 2030 2026 2027 2028 2029 2030 Options 0.5 0.5 1.2 \u2013 \u2013 \u2013 \u2013 \u2013 \u2013 \u2013 SAYE 0.7 0.6 2.7 0.1 0.6 5.0 4.4 13.4 0.5 0.5 The previous table shows theoretical amounts. For the Group to receive the cash indicated in the periods shown, the following must occur: \u2022 All performance conditions on executive share options must be fully met. \u2022 Options must be exercised on the day they vest (option holders generally have a seven-year period post vesting to exercise the option). \u2022 The share price at the exercise date for SAYE options must exceed the exercise price and every holder must exercise. \u2022 All option/SAYE holders must remain with the Group, or leave on good terms. If none of the requirements are met then the Group will receive no consideration",
"dimensions": {
"concept": "ifrs-full:DisclosureOfSharebasedPaymentArrangementsExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-508": {
"value": "Accounting policy
The Group issues equity-settled share-based payments to colleagues: long-term incentives, executive
share options and Save As You Earn (\u201cSAYE\u201d). These payments are measured at fair value at the date
of grant taking into account the terms and conditions upon which the options were granted.The cost of
equity-settled awards is recognised on a straight-line basis over the vesting period, based on the Group\u2019s
estimate of the number of shares that will eventually vest.
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-509": {
"value": "33. Key management personnel The remuneration of the key management personnel of the Group is set out below in aggregate for each of the categories specified in IAS 24 \u2013 Related Party Disclosures. \u00a3m 2025 2024 Short-term employee benefits 9.1 10.9 Post-employment benefits 0.5 0.5 Share-based payments 0.8 3.8 10.4 15.2",
"dimensions": {
"concept": "ifrs-full:DisclosureOfInformationAboutKeyManagementPersonnelExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-510": {
"value": "34. Related party transactions The Group has a related party relationship with its subsidiaries, its Directors and with its pension schemes (note 18). Transactions between Group companies, which are related parties, have been eliminated on consolidation and are not disclosed in this note.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfRelatedPartyExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-511": {
"value": "35. Impact of new standards and interpretations A number of new or amended standards became applicable for the current reporting period and as a result the Group has applied the following standards: \u2022 Amendments to IAS 21 \u2013 Lack of exchangeability. The above requirements did not have a material impact on the Group and have been adopted without restating comparatives. At the date of the approval of these financial statements, the following standards and interpretations, which have not been applied in these financial statements, were in issue, but not yet effective: \u2022 IFRS 18 \u2013 Presentation and disclosure in financial statements (effective for annual periods beginning on or after 1 January 2027) \u2022 IFRS 19 \u2013 Subsidiaries without Public Accountability: Disclosures (effective for annual periods beginning on or after 1 January 2027) \u2022 Annual improvements to IFRS \u2013 Volume 11 (effective for annual periods beginning on or after 1 January 2026) \u2022 Amendments to IFRS 9 and IFRS 7: Contract Referencing Nature-dependent Electricity (effective for annual periods beginning on or after 1 January 2026) \u2022 Amendments to IFRS 9 and IFRS 7: Amendments to the Classification and Measurement of Financial Instruments (effective for annual periods beginning on or after 1 January 2026) The Directors anticipate that adoption of these standards and amendments in future periods will not have a significant impact on the financial statements of the Group with the exception of IFRS 18 and amendments to IFRS 9 as explained below. IFRS 18 \u2013 Presentation and disclosure in financial statements was issued in April 2024 and formally adopted for use in the UK in December 2025 by the UK Endorsement Board (UKEB). The standard replaces IAS 1 \u2013 Presentation of Financial Statements with restatement required for comparatives. There is no impact on the Group\u2019s 2025 Annual Report and Accounts. The impact of the standard is currently being assessed and while recognition and measurement will remain the same, key areas of presentation which will be impacted are: \u2022 The presentation of the income statement will require all items of income and expense to be classified into one of five categories: investing, financing, operating, income taxes and discontinued operations, along with revised mandatory sub-totals. \u2022 The cash flow statement will use operating profit as a starting point following the addition of this as a required income statement sub-total. \u2022 Enhanced disclosure requirements around management-defined performance measures. \u2022 Revised principals for aggregation and disaggregation in the financial statements. \u2022 In the transition year a reconciliation disclosure is required for each line in the income statement for the comparative period, from amounts previously presented under IAS 1 to the revised presentation under IFRS 18. An amendment effective to IFRS 9 \u2013 Financial Instruments has been introduced focusing on the derecognition of financial assets and liabilities that are settled through electronic payments. The introduction of this standard will affect the timings of the Group\u2019s derecognition of certain financial assets. Had it been in effect as at 31 December 2025, the Group\u2019s trade receivables balance would have been \u00a38.2m higher and the Group\u2019s cash and cash equivalents balance would have been \u00a38.2m lower",
"dimensions": {
"concept": "ifrs-full:DisclosureOfChangesInAccountingPoliciesExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-512": {
"value": "Travis Perkins plc is the ultimate parent of the Travis Perkins plc Group (\u201cthe Group\u201d).",
"dimensions": {
"concept": "ifrs-full:NameOfParentEntity",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-513": {
"value": "Travis Perkins plc",
"dimensions": {
"concept": "ifrs-full:NameOfUltimateParentOfGroup",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-514": {
"value": "United Kingdom",
"dimensions": {
"concept": "ifrs-full:DomicileOfEntity",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-515": {
"value": "United Kingdom",
"dimensions": {
"concept": "ifrs-full:PrincipalPlaceOfBusiness",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-516": {
"value": "public limited company",
"dimensions": {
"concept": "ifrs-full:LegalFormOfEntity",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-517": {
"value": "Ryehill House, Rye Hill Close, Lodge Farm Industrial Estate, Northampton, NN5 7UG",
"dimensions": {
"concept": "ifrs-full:AddressOfRegisteredOfficeOfEntity",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-518": {
"value": "Accounting policy Investments in subsidiaries are carried at cost less impairment.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForSubsidiariesExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"fact-519": {
"value": "10. Related undertakings The registered office of all subsidiary undertakings is Ryehill House, Rye Hill Close, Lodge Farm Industrial Estate, Northampton, NN5 7UG, except for companies with a superscript where the registered office is given after the list of subsidiary companies and investments. Active subsidiary companies (100% ownership and UK registered) CCF Limited TP Property Company Limited Keyline Civils Specialist Limited 1 Travis Perkins (Properties) Limited The BSS Group Limited Travis Perkins Trading Company Limited The Cobtree Scottish Limited Partnership 1 Toolstation Europe Limited Tools & Fastener Solutions Limited Toolstation Limited Dormant & non-trading subsidiary companies (100% ownership and UK registered) Benchmarx Kitchens and Joinery Limited TP Directors Ltd British Steam Specialties (International) Limited (The) TP General Partner (Scotland) Limited 1 BSS (UK) Limited TPG Management Services Limited Builders Mate Limited Travis Group Limited E. East & Son Limited Travis & Arnold Limited JS Towell Limited *2 Travis Limited Terant Supplies Limited Travis Perkins Capital Partner Limited Tile Giant Holdings Limited Travis Perkins Financing Company No.3 Limited Toolstation Holdings Limited Travis Perkins Merchant Holdings Limited Travis Perkins Group Holdings Limited Travis Perkins P&H Group Holdings Limited * Companies in voluntary liquidation Other subsidiary companies (100% ownership and non-UK registered) Company Name Registered % Ownership Status BSS (Ireland) Limited 3 Ireland 100 Active Toolexpert Benelux BV 4 Netherlands 100 Active Toolstation BV 4 Netherlands 100 Active Toolstation NV/SA 5 Belgium 100 Active Toolstation Europe BV 4 Netherlands 100 Active Toolstation Netherlands BV 4 Netherlands 100 Dormant Toolstation SAS 6 France 100 Active Travis Perkins Hong Kong Limited 7 Hong Kong 100 Active Travis Perkins Sourcing (Shanghai) Ltd 8 Shanghai 100 Active Investments Company Name Registered % Ownership Status Hermitage Park Management Company Limited 9 United Kingdom 25 Active Registered offices (not Ryehill House) 1 50 Mauchline Street, Glasgow, G5 8HQ, United Kingdom 2 C/O Forvis Mazars LLP, 1st Floor Two Chamberlain Square, Birmingham, B3 3AX, United Kingdom 3 White Heather Industrial Estate, South Circular Road, Dublin, 8, Ireland 4 Brandpuntlaan Zuid 12, 2665NZ, Bleiswijk, Netherlands 5 Boomsesteenweg 58, 2630 Aarlselaar, Belgium 6 61 Route de Grenoble, 69800 Saint Priest, Lyon, France 7 Suite 2401, 24/F, China Insurance Group Building, 141 Des Voeux Road, Central, Hong Kong 8 Building No.17, No. 800 Changde Road, JingAn District, Shanghai 200040 9 C/O Bruton Knowles Llp 2 Paris Parklands, Railton Road, Guildford, Surrey, United Kingdom, GU2 9JX",
"dimensions": {
"concept": "ifrs-full:DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory",
"language": "en",
"entity": "scheme:2138001I27OUBAF22K83",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
}
}
}