{
 "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",
   "landsec": "http://landsec.com/xbrl/2025",
   "scheme": "http://standards.iso.org/iso/17442",
   "xbrl": "https://xbrl.org/2021",
   "xbrli": "http://www.xbrl.org/2003/instance"
  },
  "taxonomy": [
   "http://landsec.com/xbrl/2025/213800V8IAVKS37D6B88-2026-03-31.xsd"
  ]
 },
 "facts": {
  "fact-358": {
   "value": "Landsec is built on places that stand the test of time. We identify and shape places that create opportunity, enhance quality of life and bring joy to the people connected to them: places where life happens; where businesses grow; and where cities are defined.",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-5": {
   "value": "860000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:Revenue",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "landsec:IncomeStatementAxis": "landsec:EPRAEarningsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-6": {
   "value": "32000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:Revenue",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "landsec:IncomeStatementAxis": "landsec:CapitalAndOtherItemsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-7": {
   "value": "892000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:Revenue",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-8": {
   "value": "797000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:Revenue",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "landsec:IncomeStatementAxis": "landsec:EPRAEarningsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-9": {
   "value": "45000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:Revenue",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "landsec:IncomeStatementAxis": "landsec:CapitalAndOtherItemsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-10": {
   "value": "842000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:Revenue",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-11": {
   "value": "393000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:Costs",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "landsec:IncomeStatementAxis": "landsec:EPRAEarningsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-12": {
   "value": "79000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:Costs",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "landsec:IncomeStatementAxis": "landsec:CapitalAndOtherItemsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-13": {
   "value": "472000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:Costs",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-14": {
   "value": "352000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:Costs",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "landsec:IncomeStatementAxis": "landsec:EPRAEarningsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-15": {
   "value": "77000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:Costs",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "landsec:IncomeStatementAxis": "landsec:CapitalAndOtherItemsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-16": {
   "value": "429000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:Costs",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-17": {
   "value": "467000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:NetRevenue",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "landsec:IncomeStatementAxis": "landsec:EPRAEarningsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-18": {
   "value": "-47000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:NetRevenue",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "landsec:IncomeStatementAxis": "landsec:CapitalAndOtherItemsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-19": {
   "value": "420000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:NetRevenue",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-20": {
   "value": "445000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:NetRevenue",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "landsec:IncomeStatementAxis": "landsec:EPRAEarningsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-21": {
   "value": "-32000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:NetRevenue",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "landsec:IncomeStatementAxis": "landsec:CapitalAndOtherItemsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-22": {
   "value": "413000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:NetRevenue",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-23": {
   "value": "25000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "landsec:IncomeStatementAxis": "landsec:EPRAEarningsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-24": {
   "value": "27000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "landsec:IncomeStatementAxis": "landsec:CapitalAndOtherItemsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-25": {
   "value": "52000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-26": {
   "value": "23000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "landsec:IncomeStatementAxis": "landsec:EPRAEarningsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-27": {
   "value": "14000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "landsec:IncomeStatementAxis": "landsec:CapitalAndOtherItemsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-28": {
   "value": "37000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-29": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:GainsLossesOnDisposalsOfInvestmentProperties",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "landsec:IncomeStatementAxis": "landsec:EPRAEarningsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-30": {
   "value": "-103000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:GainsLossesOnDisposalsOfInvestmentProperties",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "landsec:IncomeStatementAxis": "landsec:CapitalAndOtherItemsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-31": {
   "value": "-103000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:GainsLossesOnDisposalsOfInvestmentProperties",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-32": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:GainsLossesOnDisposalsOfInvestmentProperties",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "landsec:IncomeStatementAxis": "landsec:EPRAEarningsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-33": {
   "value": "-15000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:GainsLossesOnDisposalsOfInvestmentProperties",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "landsec:IncomeStatementAxis": "landsec:CapitalAndOtherItemsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-34": {
   "value": "-15000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:GainsLossesOnDisposalsOfInvestmentProperties",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-35": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:GainsLossesOnFairValueAdjustmentInvestmentProperty",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "landsec:IncomeStatementAxis": "landsec:EPRAEarningsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-36": {
   "value": "96000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:GainsLossesOnFairValueAdjustmentInvestmentProperty",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "landsec:IncomeStatementAxis": "landsec:CapitalAndOtherItemsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-37": {
   "value": "96000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:GainsLossesOnFairValueAdjustmentInvestmentProperty",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-38": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:GainsLossesOnFairValueAdjustmentInvestmentProperty",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "landsec:IncomeStatementAxis": "landsec:EPRAEarningsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-39": {
   "value": "91000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:GainsLossesOnFairValueAdjustmentInvestmentProperty",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "landsec:IncomeStatementAxis": "landsec:CapitalAndOtherItemsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-40": {
   "value": "91000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:GainsLossesOnFairValueAdjustmentInvestmentProperty",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-41": {
   "value": "492000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ProfitLossFromOperatingActivities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "landsec:IncomeStatementAxis": "landsec:EPRAEarningsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-42": {
   "value": "-27000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ProfitLossFromOperatingActivities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "landsec:IncomeStatementAxis": "landsec:CapitalAndOtherItemsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-43": {
   "value": "465000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ProfitLossFromOperatingActivities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-44": {
   "value": "468000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ProfitLossFromOperatingActivities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "landsec:IncomeStatementAxis": "landsec:EPRAEarningsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-45": {
   "value": "58000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ProfitLossFromOperatingActivities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "landsec:IncomeStatementAxis": "landsec:CapitalAndOtherItemsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-46": {
   "value": "526000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ProfitLossFromOperatingActivities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-47": {
   "value": "14000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:FinanceIncome",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "landsec:IncomeStatementAxis": "landsec:EPRAEarningsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-48": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:FinanceIncome",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "landsec:IncomeStatementAxis": "landsec:CapitalAndOtherItemsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-49": {
   "value": "14000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:FinanceIncome",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-50": {
   "value": "15000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:FinanceIncome",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "landsec:IncomeStatementAxis": "landsec:EPRAEarningsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-51": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:FinanceIncome",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "landsec:IncomeStatementAxis": "landsec:CapitalAndOtherItemsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-52": {
   "value": "15000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:FinanceIncome",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-53": {
   "value": "124000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:FinanceCosts",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "landsec:IncomeStatementAxis": "landsec:EPRAEarningsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-54": {
   "value": "9000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:FinanceCosts",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "landsec:IncomeStatementAxis": "landsec:CapitalAndOtherItemsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-55": {
   "value": "133000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:FinanceCosts",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-56": {
   "value": "109000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:FinanceCosts",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "landsec:IncomeStatementAxis": "landsec:EPRAEarningsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-57": {
   "value": "39000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:FinanceCosts",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "landsec:IncomeStatementAxis": "landsec:CapitalAndOtherItemsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-58": {
   "value": "148000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:FinanceCosts",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-59": {
   "value": "382000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ProfitLossBeforeTax",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "landsec:IncomeStatementAxis": "landsec:EPRAEarningsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-60": {
   "value": "-36000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ProfitLossBeforeTax",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "landsec:IncomeStatementAxis": "landsec:CapitalAndOtherItemsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-61": {
   "value": "346000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ProfitLossBeforeTax",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-62": {
   "value": "374000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ProfitLossBeforeTax",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "landsec:IncomeStatementAxis": "landsec:EPRAEarningsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-63": {
   "value": "19000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ProfitLossBeforeTax",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "landsec:IncomeStatementAxis": "landsec:CapitalAndOtherItemsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-64": {
   "value": "393000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ProfitLossBeforeTax",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-65": {
   "value": "2000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:IncomeTaxExpenseContinuingOperations",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-66": {
   "value": "-3000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:IncomeTaxExpenseContinuingOperations",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-67": {
   "value": "344000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ProfitLoss",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-68": {
   "value": "396000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ProfitLoss",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-69": {
   "value": "343000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ProfitLossAttributableToOwnersOfParent",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-70": {
   "value": "396000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ProfitLossAttributableToOwnersOfParent",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-71": {
   "value": "1000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ProfitLossAttributableToNoncontrollingInterests",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-72": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ProfitLossAttributableToNoncontrollingInterests",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-73": {
   "value": "344000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ProfitLoss",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-74": {
   "value": "396000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ProfitLoss",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-75": {
   "value": "0.462",
   "decimals": 3,
   "dimensions": {
    "concept": "ifrs-full:BasicEarningsLossPerShare",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP/xbrli:shares"
   }
  },
  "fact-76": {
   "value": "0.533",
   "decimals": 3,
   "dimensions": {
    "concept": "ifrs-full:BasicEarningsLossPerShare",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP/xbrli:shares"
   }
  },
  "fact-77": {
   "value": "0.459",
   "decimals": 3,
   "dimensions": {
    "concept": "ifrs-full:DilutedEarningsLossPerShare",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP/xbrli:shares"
   }
  },
  "fact-78": {
   "value": "0.53",
   "decimals": 3,
   "dimensions": {
    "concept": "ifrs-full:DilutedEarningsLossPerShare",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP/xbrli:shares"
   }
  },
  "fact-79": {
   "value": "344000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ProfitLoss",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-80": {
   "value": "396000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ProfitLoss",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-81": {
   "value": "2000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:NetSurplusOnRevaluationOfOwnerOccupiedProperty",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-82": {
   "value": "12000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:NetSurplusOnRevaluationOfOwnerOccupiedProperty",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-83": {
   "value": "-0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:DeferredTaxChargeOnOwnerOccupiedPropertyRevaluationSurplus",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-84": {
   "value": "3000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:DeferredTaxChargeOnOwnerOccupiedPropertyRevaluationSurplus",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-85": {
   "value": "2000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:OtherComprehensiveIncome",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-86": {
   "value": "9000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:OtherComprehensiveIncome",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-87": {
   "value": "346000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-88": {
   "value": "405000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-89": {
   "value": "345000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-90": {
   "value": "405000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-91": {
   "value": "1000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncomeAttributableToNoncontrollingInterests",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-92": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncomeAttributableToNoncontrollingInterests",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-93": {
   "value": "346000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-94": {
   "value": "405000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-95": {
   "value": "10018000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:InvestmentProperty",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-96": {
   "value": "10034000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:InvestmentProperty",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-97": {
   "value": "42000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:PropertyPlantAndEquipment",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-98": {
   "value": "42000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:PropertyPlantAndEquipment",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-99": {
   "value": "3000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:IntangibleAssetsAndGoodwill",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-100": {
   "value": "3000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:IntangibleAssetsAndGoodwill",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-101": {
   "value": "20000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:NoncurrentFinanceLeaseReceivables",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-102": {
   "value": "19000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:NoncurrentFinanceLeaseReceivables",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-103": {
   "value": "593000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:InvestmentsInJointVentures",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-104": {
   "value": "551000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:InvestmentsInJointVentures",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-105": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:InvestmentsInSubsidiaries",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-106": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:InvestmentsInSubsidiaries",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-107": {
   "value": "148000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:NoncurrentReceivables",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-108": {
   "value": "229000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:NoncurrentReceivables",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-109": {
   "value": "45000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:OtherNoncurrentAssets",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-110": {
   "value": "22000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:OtherNoncurrentAssets",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-111": {
   "value": "10869000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:NoncurrentAssets",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-112": {
   "value": "10900000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:NoncurrentAssets",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-113": {
   "value": "56000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:Inventories",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-114": {
   "value": "81000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:Inventories",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-115": {
   "value": "491000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:TradeAndOtherCurrentReceivables",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-116": {
   "value": "467000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:TradeAndOtherCurrentReceivables",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-117": {
   "value": "11000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:RestrictedCashAndCashEquivalents",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-118": {
   "value": "20000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:RestrictedCashAndCashEquivalents",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-119": {
   "value": "106000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:CashAndCashEquivalents",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-120": {
   "value": "39000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:CashAndCashEquivalents",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-121": {
   "value": "7000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:OtherCurrentAssets",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-122": {
   "value": "4000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:OtherCurrentAssets",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-123": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-124": {
   "value": "110000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-125": {
   "value": "671000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:CurrentAssets",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-126": {
   "value": "721000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:CurrentAssets",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-127": {
   "value": "11540000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:Assets",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-128": {
   "value": "11621000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:Assets",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-129": {
   "value": "746000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ShorttermBorrowings",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-130": {
   "value": "752000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ShorttermBorrowings",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-131": {
   "value": "363000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:TradeAndOtherCurrentPayables",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-132": {
   "value": "406000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:TradeAndOtherCurrentPayables",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-133": {
   "value": "41000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:CurrentProvisions",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-134": {
   "value": "44000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:CurrentProvisions",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-135": {
   "value": "18000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:OtherCurrentLiabilities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-136": {
   "value": "6000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:OtherCurrentLiabilities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-137": {
   "value": "1168000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:CurrentLiabilities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-138": {
   "value": "1208000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:CurrentLiabilities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-139": {
   "value": "3749000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:LongtermBorrowings",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-140": {
   "value": "3802000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:LongtermBorrowings",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-141": {
   "value": "40000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:NoncurrentPayables",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-142": {
   "value": "44000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:NoncurrentPayables",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-143": {
   "value": "23000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:NoncurrentProvisions",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-144": {
   "value": "30000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:NoncurrentProvisions",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-145": {
   "value": "22000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:OtherNoncurrentLiabilities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-146": {
   "value": "5000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:OtherNoncurrentLiabilities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-147": {
   "value": "3834000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:NoncurrentLiabilities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-148": {
   "value": "3881000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:NoncurrentLiabilities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-149": {
   "value": "5002000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:Liabilities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-150": {
   "value": "5089000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:Liabilities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-151": {
   "value": "6538000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:NetAssetsLiabilities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-152": {
   "value": "6532000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:NetAssetsLiabilities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-153": {
   "value": "80000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:IssuedCapital",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-154": {
   "value": "80000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:IssuedCapital",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-155": {
   "value": "320000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:SharePremium",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-156": {
   "value": "319000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:SharePremium",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-157": {
   "value": "29000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:OtherReserves",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-158": {
   "value": "30000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:OtherReserves",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-159": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:MergerReserve",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-160": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:MergerReserve",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-161": {
   "value": "6108000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:RetainedEarnings",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-162": {
   "value": "6085000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:RetainedEarnings",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-163": {
   "value": "6537000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:EquityAttributableToOwnersOfParent",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-164": {
   "value": "6514000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:EquityAttributableToOwnersOfParent",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-165": {
   "value": "1000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:NoncontrollingInterests",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-166": {
   "value": "18000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:NoncontrollingInterests",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-167": {
   "value": "6538000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-168": {
   "value": "6532000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-1": {
   "value": "The finan<span class=\"_ _9\"></span>cial s<span class=\"_ _9\"></span>tate<span class=\"_ _9\"></span>ment<span class=\"_ _9\"></span>s on p<span class=\"_ _9\"></span>age<span class=\"_ _9\"></span>s 92-<span class=\"_ _11\"></span>14<span class=\"_ _11\"></span>7 we<span class=\"_ _9\"></span>re appr<span class=\"_ _9\"></span>oved by the B<span class=\"_ _9\"></span>oar<span class=\"_ _9\"></span>d of Dire<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tor<span class=\"_ _9\"></span>s on 13 May 2026 and were s<span class=\"_ _9\"></span>igne<span class=\"_ _9\"></span>d on it<span class=\"_ _9\"></span>s be<span class=\"_ _9\"></span>half by:<span class=\"_ _335\"> </span>MARK ALLAN<span class=\"_ _335\"> </span>DIRECTOR<span class=\"_ _335\"> </span>V<span class=\"_ _11\"></span>ANESSA SIMMS<span class=\"_ _335\"> </span>DIRECTOR",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfAuthorisationOfFinancialStatementsExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-169": {
   "value": "80000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-170": {
   "value": "319000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-171": {
   "value": "23000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-172": {
   "value": "5980000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-173": {
   "value": "6402000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-174": {
   "value": "45000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-175": {
   "value": "6447000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-176": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-177": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-178": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-179": {
   "value": "405000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-180": {
   "value": "405000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-181": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-182": {
   "value": "405000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-183": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-184": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-185": {
   "value": "7000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-186": {
   "value": "-3000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-187": {
   "value": "4000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-188": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-189": {
   "value": "4000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-190": {
   "value": "-0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:DividendsPaid",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-191": {
   "value": "-0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:DividendsPaid",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-192": {
   "value": "-0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:DividendsPaid",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-193": {
   "value": "297000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:DividendsPaid",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-194": {
   "value": "297000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:DividendsPaid",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-195": {
   "value": "-0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:DividendsPaid",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-196": {
   "value": "297000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:DividendsPaid",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-197": {
   "value": "-0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:AcquisitionOfNonControllingInterests",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-198": {
   "value": "-0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:AcquisitionOfNonControllingInterests",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-199": {
   "value": "-0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:AcquisitionOfNonControllingInterests",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-200": {
   "value": "-0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:AcquisitionOfNonControllingInterests",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-201": {
   "value": "-0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:AcquisitionOfNonControllingInterests",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-202": {
   "value": "56000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:AcquisitionOfNonControllingInterests",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-203": {
   "value": "56000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:AcquisitionOfNonControllingInterests",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-204": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:TotalTransactionsWithShareholdersOfTheParent",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-205": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:TotalTransactionsWithShareholdersOfTheParent",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-206": {
   "value": "7000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:TotalTransactionsWithShareholdersOfTheParent",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-207": {
   "value": "-300000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:TotalTransactionsWithShareholdersOfTheParent",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-208": {
   "value": "-293000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:TotalTransactionsWithShareholdersOfTheParent",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-209": {
   "value": "-56000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:TotalTransactionsWithShareholdersOfTheParent",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-210": {
   "value": "-349000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:TotalTransactionsWithShareholdersOfTheParent",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-211": {
   "value": "-0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-212": {
   "value": "-0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-213": {
   "value": "-0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-214": {
   "value": "-0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-215": {
   "value": "-0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-216": {
   "value": "1000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-217": {
   "value": "1000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-218": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:IssueOfEquity",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-219": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:IssueOfEquity",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-220": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:IssueOfEquity",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-221": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:IssueOfEquity",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-222": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:IssueOfEquity",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-223": {
   "value": "12000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:IssueOfEquity",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-224": {
   "value": "12000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:IssueOfEquity",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-225": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-226": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-227": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-228": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-229": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-230": {
   "value": "18000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-231": {
   "value": "18000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-232": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:TotalTransactionsWithShareholders",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-233": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:TotalTransactionsWithShareholders",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-234": {
   "value": "7000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:TotalTransactionsWithShareholders",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-235": {
   "value": "-300000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:TotalTransactionsWithShareholders",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-236": {
   "value": "-293000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:TotalTransactionsWithShareholders",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-237": {
   "value": "-27000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:TotalTransactionsWithShareholders",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-238": {
   "value": "-320000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:TotalTransactionsWithShareholders",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-239": {
   "value": "80000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-240": {
   "value": "319000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-241": {
   "value": "30000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-242": {
   "value": "6085000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-243": {
   "value": "6514000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-244": {
   "value": "18000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-245": {
   "value": "6532000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-246": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-247": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-248": {
   "value": "2000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-249": {
   "value": "343000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-250": {
   "value": "345000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-251": {
   "value": "1000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-252": {
   "value": "346000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-253": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-254": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-255": {
   "value": "12000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-256": {
   "value": "-12000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-257": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-258": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-259": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-260": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-261": {
   "value": "1000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-262": {
   "value": "-15000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-263": {
   "value": "-3000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-264": {
   "value": "-17000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-265": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-266": {
   "value": "-17000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-267": {
   "value": "-0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:DividendsPaid",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-268": {
   "value": "-0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:DividendsPaid",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-269": {
   "value": "-0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:DividendsPaid",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-270": {
   "value": "303000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:DividendsPaid",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-271": {
   "value": "303000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:DividendsPaid",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-272": {
   "value": "-0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:DividendsPaid",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-273": {
   "value": "303000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:DividendsPaid",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-274": {
   "value": "-0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-275": {
   "value": "-0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-276": {
   "value": "-0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-277": {
   "value": "-0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-278": {
   "value": "-0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-279": {
   "value": "2000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-280": {
   "value": "2000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-281": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:RecognitionOfRedemptionLiability",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-282": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:RecognitionOfRedemptionLiability",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-283": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:RecognitionOfRedemptionLiability",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-284": {
   "value": "-2000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:RecognitionOfRedemptionLiability",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-285": {
   "value": "-2000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:RecognitionOfRedemptionLiability",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-286": {
   "value": "-16000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:RecognitionOfRedemptionLiability",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-287": {
   "value": "-18000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:RecognitionOfRedemptionLiability",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-288": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:TotalTransactionsWithShareholders",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-289": {
   "value": "1000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:TotalTransactionsWithShareholders",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-290": {
   "value": "-15000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:TotalTransactionsWithShareholders",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-291": {
   "value": "-308000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:TotalTransactionsWithShareholders",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-292": {
   "value": "-322000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:TotalTransactionsWithShareholders",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-293": {
   "value": "-18000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:TotalTransactionsWithShareholders",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-294": {
   "value": "-340000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:TotalTransactionsWithShareholders",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-295": {
   "value": "80000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-296": {
   "value": "320000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-297": {
   "value": "29000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-298": {
   "value": "6108000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-299": {
   "value": "6537000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-300": {
   "value": "1000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2026-04-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
    "unit": "iso4217:GBP"
   }
  },
  "fact-301": {
   "value": "6538000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-302": {
   "value": "353000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:CashFlowsFromUsedInOperations",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-303": {
   "value": "381000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:CashFlowsFromUsedInOperations",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-304": {
   "value": "47000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:InterestReceivedClassifiedAsOperatingActivities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-305": {
   "value": "23000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:InterestReceivedClassifiedAsOperatingActivities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-306": {
   "value": "180000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:InterestPaidClassifiedAsOperatingActivities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-307": {
   "value": "144000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:InterestPaidClassifiedAsOperatingActivities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-308": {
   "value": "13000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:RentsPaidClassifiedAsOperatingActivities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-309": {
   "value": "12000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:RentsPaidClassifiedAsOperatingActivities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-310": {
   "value": "6000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:CapitalExpenditureOnTradingPropertiesClassifiedAsOperatingActivities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-311": {
   "value": "8000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:CapitalExpenditureOnTradingPropertiesClassifiedAsOperatingActivities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-312": {
   "value": "13000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:DisposalOfTradingPropertiesClassifiedAsOperatingActivities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-313": {
   "value": "13000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:DisposalOfTradingPropertiesClassifiedAsOperatingActivities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-314": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:OtherInflowsOutflowsOfCashClassifiedAsOperatingActivities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-315": {
   "value": "3000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:OtherInflowsOutflowsOfCashClassifiedAsOperatingActivities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-316": {
   "value": "214000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:CashFlowsFromUsedInOperatingActivities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-317": {
   "value": "256000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:CashFlowsFromUsedInOperatingActivities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-318": {
   "value": "298000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:InvestmentPropertyDevelopmentExpenditureClassifiedAsInvestingActivities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-319": {
   "value": "293000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:InvestmentPropertyDevelopmentExpenditureClassifiedAsInvestingActivities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-320": {
   "value": "147000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:OtherInvestmentPropertyRelatedExpenditureClassifiedAsInvestingActivities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-321": {
   "value": "163000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:OtherInvestmentPropertyRelatedExpenditureClassifiedAsInvestingActivities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-322": {
   "value": "84000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:PurchaseOfInvestmentProperty",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-323": {
   "value": "325000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:PurchaseOfInvestmentProperty",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-324": {
   "value": "-0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-325": {
   "value": "18000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-326": {
   "value": "734000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ProceedsFromSalesOfInvestmentProperty",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-327": {
   "value": "404000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ProceedsFromSalesOfInvestmentProperty",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-328": {
   "value": "11000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:DividendsReceivedFromJointVenturesClassifiedAsInvestingActivities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-329": {
   "value": "12000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:DividendsReceivedFromJointVenturesClassifiedAsInvestingActivities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-330": {
   "value": "216000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:CashFlowsFromUsedInInvestingActivities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-331": {
   "value": "-383000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:CashFlowsFromUsedInInvestingActivities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-332": {
   "value": "300000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-333": {
   "value": "963000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-334": {
   "value": "338000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-335": {
   "value": "562000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-336": {
   "value": "-16000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:NetCashOutflowFromDerivativeFinancialInstrumentsClassifiedAsFinancingActivities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-337": {
   "value": "-6000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:NetCashOutflowFromDerivativeFinancialInstrumentsClassifiedAsFinancingActivities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-338": {
   "value": "27000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:PaymentsToAcquireOrRedeemEntitysShares",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-339": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:PaymentsToAcquireOrRedeemEntitysShares",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-340": {
   "value": "0.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ProceedsFromIssueOfOrdinaryShares",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-341": {
   "value": "12000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:ProceedsFromIssueOfOrdinaryShares",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-342": {
   "value": "290000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:DividendsPaidClassifiedAsFinancingActivities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-343": {
   "value": "305000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:DividendsPaidClassifiedAsFinancingActivities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-344": {
   "value": "2000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-345": {
   "value": "1000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-346": {
   "value": "-9000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:DecreaseIncreaseInMoniesHeldInRestrictedAccountsAndDepositsClassifiedAsFinancingActivities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-347": {
   "value": "14000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "landsec:DecreaseIncreaseInMoniesHeldInRestrictedAccountsAndDepositsClassifiedAsFinancingActivities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-348": {
   "value": "1000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-349": {
   "value": "1000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-350": {
   "value": "-363000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:CashFlowsFromUsedInFinancingActivities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-351": {
   "value": "88000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:CashFlowsFromUsedInFinancingActivities",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-352": {
   "value": "67000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseInCashAndCashEquivalents",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-353": {
   "value": "-39000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseInCashAndCashEquivalents",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-354": {
   "value": "39000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:CashAndCashEquivalents",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-355": {
   "value": "78000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:CashAndCashEquivalents",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-356": {
   "value": "106000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:CashAndCashEquivalents",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2026-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-357": {
   "value": "39000000.0",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:CashAndCashEquivalents",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-364": {
   "value": "<div class=\"t m0 ha2 ff1 fs7 fc2 sc0 lsd2 wse9 gscf\">SECTION 1<span class=\"_ _11\"></span> \u2013 GENER<span class=\"_ _a\"></span>AL<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gsd0\">This se<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tio<span class=\"_ _9\"></span>n contain<span class=\"_ _9\"></span>s a des<span class=\"_ _9\"></span>cript<span class=\"_ _9\"></span>ion of th<span class=\"_ _9\"></span>e Grou<span class=\"_ _9\"></span>p\u2019<span class=\"_ _11\"></span>s signific<span class=\"_ _9\"></span>ant acc<span class=\"_ _9\"></span>ounting p<span class=\"_ _9\"></span>oli<span class=\"_ _9\"></span>cies th<span class=\"_ _9\"></span>at re<span class=\"_ _9\"></span>late to th<span class=\"_ _9\"></span>e financi<span class=\"_ _9\"></span>al s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s as a wh<span class=\"_ _9\"></span>ole. </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gsd1\">A<span class=\"_ gsd2\"> </span>des<span class=\"_ _9\"></span>crip<span class=\"_ _9\"></span>tion of a<span class=\"_ _9\"></span>ccoun<span class=\"_ _9\"></span>ting po<span class=\"_ _9\"></span>licie<span class=\"_ _9\"></span>s sp<span class=\"_ _9\"></span>ecific to in<span class=\"_ _9\"></span>div<span class=\"_ _9\"></span>idual ar<span class=\"_ _9\"></span>eas (e<span class=\"_ _11\"></span>.g. in<span class=\"_ _2\"></span>ves<span class=\"_ _9\"></span>tme<span class=\"_ _9\"></span>nt prop<span class=\"_ _9\"></span>er<span class=\"_ _a\"></span>ties<span class=\"_ _11\"></span>) i<span class=\"_ _9\"></span>s inclu<span class=\"_ _9\"></span>ded w<span class=\"_ _9\"></span>ithin th<span class=\"_ _9\"></span>e releva<span class=\"_ _9\"></span>nt note to th<span class=\"_ _9\"></span>e </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gsd3\">financia<span class=\"_ _2\"></span>l statements.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gsd4\">This section also i<span class=\"_ _2\"></span>ncludes a su<span class=\"_ _2\"></span>mmary of new account<span class=\"_ _2\"></span>ing standar<span class=\"_ _2\"></span>ds, a<span class=\"_ _2\"></span>mendments and in<span class=\"_ _2\"></span>terpretations<span class=\"_ _11\"></span> that have been applied in<span class=\"_ _2\"></span> the year </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gsd5\">and thos<span class=\"_ _9\"></span>e no<span class=\"_ _9\"></span>t yet ad<span class=\"_ _9\"></span>opte<span class=\"_ _9\"></span>d, and their a<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tual o<span class=\"_ _9\"></span>r exp<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d impa<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t on th<span class=\"_ _9\"></span>e rep<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d resul<span class=\"_ _9\"></span>ts o<span class=\"_ _9\"></span>f the Gr<span class=\"_ _9\"></span>oup.</div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfGeneralInformationAboutFinancialStatementsExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-361": {
   "value": "<div class=\"t m0 ha2 ff1 fs7 fc0 sc0 ls1 ws1 gsd7\">1<span class=\"_ _87\"> </span><span class=\"fc4 lsd2 wsf3\">BASIS OF PREP<span class=\"_ _11\"></span>AR<span class=\"_ _9\"></span>A<span class=\"_ _11\"></span>TION AND CONS<span class=\"_ _2\"></span>OLID<span class=\"_ _11\"></span>A<span class=\"_ _11\"></span>TION<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h12 ff1 fsa fc2 sc0 ls3b ws38 gsd8\">BASIS OF<span class=\"_ _2\"></span> PREP<span class=\"_ _11\"></span>AR<span class=\"_ _9\"></span>A<span class=\"_ _2\"></span>TION<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gsd9\">These financi<span class=\"_ _2\"></span>al statements have<span class=\"_ _2\"></span> been prepared on a goi<span class=\"_ _2\"></span>ng concern basis<span class=\"_ _2\"></span> and in<span class=\"_ _2\"></span> accordance with<span class=\"_ _11\"></span> UK adopted internationa<span class=\"_ _2\"></span>l account<span class=\"_ _2\"></span>ing </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gsda\">stan<span class=\"_ _9\"></span>dards (IFRSs an<span class=\"_ _9\"></span>d IFRICs)<span class=\"_ _1\"></span>, and a<span class=\"_ _9\"></span>s reg<span class=\"_ _9\"></span>ards the Parent C<span class=\"_ _9\"></span>omp<span class=\"_ _9\"></span>any financia<span class=\"_ _9\"></span>l sta<span class=\"_ _9\"></span>teme<span class=\"_ _9\"></span>nts, a<span class=\"_ _9\"></span>s appli<span class=\"_ _9\"></span>ed in ac<span class=\"_ _9\"></span>cord<span class=\"_ _9\"></span>ance w<span class=\"_ _9\"></span>ith the p<span class=\"_ _9\"></span>rovis<span class=\"_ _9\"></span>ions o<span class=\"_ _9\"></span>f the </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gsdb\">Comp<span class=\"_ _9\"></span>anie<span class=\"_ _9\"></span>s Ac<span class=\"_ _9\"></span>t 2006.<span class=\"_ _335\"> </span>The finan<span class=\"_ _9\"></span>cial s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s ha<span class=\"_ _9\"></span>ve be<span class=\"_ _9\"></span>en pre<span class=\"_ _9\"></span>pare<span class=\"_ _9\"></span>d in Pounds Sterlin<span class=\"_ _9\"></span>g (<span class=\"_ _11\"></span>ro<span class=\"_ _9\"></span>unde<span class=\"_ _9\"></span>d to the n<span class=\"_ _9\"></span>eare<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t one mill<span class=\"_ _9\"></span>ion<span class=\"_ _2\"></span>)<span class=\"_ _11\"></span>, which i<span class=\"_ _9\"></span>s the<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gsdc\">presentation<span class=\"_ _2\"></span> currency of t<span class=\"_ _2\"></span>he Group (<span class=\"_ _11\"></span>Land Securities Group<span class=\"_ _2\"></span> PL<span class=\"_ _11\"></span>C and all<span class=\"_ _2\"></span> its subsidi<span class=\"_ _2\"></span>ary under<span class=\"_ _9\"></span>takings<span class=\"_ _11\"></span>)<span class=\"_ _1\"></span>, and under the<span class=\"_ _2\"></span> historical cost con<span class=\"_ _11\"></span>vention as </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gsdd\">mod<span class=\"_ _9\"></span>ified by the reva<span class=\"_ _9\"></span>luati<span class=\"_ _9\"></span>on of inves<span class=\"_ _9\"></span>tm<span class=\"_ _9\"></span>ent pr<span class=\"_ _9\"></span>ope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>, finan<span class=\"_ _9\"></span>cial as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ts a<span class=\"_ _9\"></span>t fair value th<span class=\"_ _9\"></span>rough p<span class=\"_ _9\"></span>rofit or l<span class=\"_ _9\"></span>oss, d<span class=\"_ _9\"></span>eriva<span class=\"_ _9\"></span>tive finan<span class=\"_ _9\"></span>cial ins<span class=\"_ _9\"></span>tr<span class=\"_ _9\"></span>umen<span class=\"_ _9\"></span>ts an<span class=\"_ _9\"></span>d </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gsde\">pension assets. As appl<span class=\"_ _2\"></span>ied by t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>e Group a<span class=\"_ _2\"></span>nd the Compan<span class=\"_ _11\"></span>y<span class=\"_ _11\"></span>, there are<span class=\"_ _11\"></span> no material diff<span class=\"_ _2\"></span>erences bet<span class=\"_ _9\"></span>ween UK adopt<span class=\"_ _2\"></span>ed internat<span class=\"_ _2\"></span>ional accoun<span class=\"_ _2\"></span>ting </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gsdf\">stan<span class=\"_ _9\"></span>dards an<span class=\"_ _9\"></span>d EU IFRS.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gse0\">The preparation<span class=\"_ _11\"></span> of financial statements i<span class=\"_ _2\"></span>n conform<span class=\"_ _2\"></span>ity with generally accepted ac<span class=\"_ _2\"></span>counting<span class=\"_ _2\"></span> principles (<span class=\"_ _11\"></span>GAAP) requir<span class=\"_ _2\"></span>es the use o<span class=\"_ _2\"></span>f estimates and </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gse1\">assum<span class=\"_ _9\"></span>ptio<span class=\"_ _9\"></span>ns tha<span class=\"_ _9\"></span>t affec<span class=\"_ _9\"></span>t th<span class=\"_ _9\"></span>e rep<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d amo<span class=\"_ _9\"></span>unts o<span class=\"_ _9\"></span>f ass<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s and liab<span class=\"_ _9\"></span>ilitie<span class=\"_ _9\"></span>s at th<span class=\"_ _9\"></span>e date o<span class=\"_ _9\"></span>f the financ<span class=\"_ _9\"></span>ial s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s and th<span class=\"_ _9\"></span>e rep<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d amoun<span class=\"_ _9\"></span>ts of<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gse2\">revenues<span class=\"_ _2\"></span> and expenses du<span class=\"_ _2\"></span>ring the<span class=\"_ _2\"></span> repor<span class=\"_ _9\"></span>ting period<span class=\"_ _11\"></span>. Although these estimates a<span class=\"_ _2\"></span>re based on management\u2019<span class=\"_ _11\"></span>s best knowledge of the amou<span class=\"_ _2\"></span>nt, </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gse3\">event or a<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>s, ac<span class=\"_ _9\"></span>tual re<span class=\"_ _9\"></span>sult<span class=\"_ _9\"></span>s ulti<span class=\"_ _9\"></span>mate<span class=\"_ _9\"></span>ly ma<span class=\"_ _9\"></span>y differ fro<span class=\"_ _9\"></span>m those e<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>tima<span class=\"_ _9\"></span>tes. </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gse4\">Land Securities<span class=\"_ _2\"></span> Group P<span class=\"_ _11\"></span>LC (<span class=\"_ _11\"></span>the Company<span class=\"_ _11\"></span>) has not presented its o<span class=\"_ _2\"></span>wn statement of com<span class=\"_ _2\"></span>prehensive income<span class=\"_ _2\"></span> (<span class=\"_ _11\"></span>and separate<span class=\"_ _2\"></span> income statement<span class=\"_ _11\"></span>)<span class=\"_ _11\"></span>, </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gse5\">as pe<span class=\"_ _9\"></span>rmit<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d by Se<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tion 4<span class=\"_ _9\"></span>08 of C<span class=\"_ _9\"></span>omp<span class=\"_ _9\"></span>anies Ac<span class=\"_ _a\"></span>t 2006. The Merger r<span class=\"_ _9\"></span>ese<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>ve aros<span class=\"_ _9\"></span>e on 6 Se<span class=\"_ _9\"></span>pte<span class=\"_ _9\"></span>mbe<span class=\"_ _9\"></span>r 2002 wh<span class=\"_ _9\"></span>en the C<span class=\"_ _9\"></span>omp<span class=\"_ _9\"></span>any acquire<span class=\"_ _9\"></span>d 100% of the<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gse6\">issu<span class=\"_ _9\"></span>ed sh<span class=\"_ _9\"></span>are capi<span class=\"_ _9\"></span>tal of Lan<span class=\"_ _9\"></span>d Se<span class=\"_ _9\"></span>curiti<span class=\"_ _9\"></span>es PLC. The Merg<span class=\"_ _9\"></span>er res<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>ve r<span class=\"_ _9\"></span>epre<span class=\"_ _9\"></span>sen<span class=\"_ _9\"></span>ts the e<span class=\"_ _9\"></span>xces<span class=\"_ _9\"></span>s of the co<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t of acqu<span class=\"_ _9\"></span>isiti<span class=\"_ _9\"></span>on over th<span class=\"_ _9\"></span>e nomin<span class=\"_ _9\"></span>al value of th<span class=\"_ _9\"></span>e </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gse7\">share<span class=\"_ _9\"></span>s iss<span class=\"_ _9\"></span>ued by th<span class=\"_ _9\"></span>e Comp<span class=\"_ _9\"></span>any to acquir<span class=\"_ _9\"></span>e Land S<span class=\"_ _9\"></span>ecur<span class=\"_ _9\"></span>itie<span class=\"_ _9\"></span>s PL<span class=\"_ _2\"></span>C. The Me<span class=\"_ _9\"></span>rger r<span class=\"_ _9\"></span>ese<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>ve do<span class=\"_ _9\"></span>es no<span class=\"_ _9\"></span>t rep<span class=\"_ _9\"></span>res<span class=\"_ _9\"></span>ent a re<span class=\"_ _9\"></span>alise<span class=\"_ _9\"></span>d or di<span class=\"_ _9\"></span>str<span class=\"_ _9\"></span>ibutab<span class=\"_ _9\"></span>le profi<span class=\"_ _9\"></span>t. Oth<span class=\"_ _9\"></span>er </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gse8\">reser<span class=\"_ _9\"></span>ves includes<span class=\"_ _2\"></span> the Capita<span class=\"_ _11\"></span>l redemption reser<span class=\"_ _9\"></span>ve,<span class=\"_ _2\"></span> which represents t<span class=\"_ _2\"></span>he nominal<span class=\"_ _2\"></span> value<span class=\"_ _2\"></span> of cancelled<span class=\"_ _2\"></span> shares,<span class=\"_ _2\"></span> the Share-<span class=\"_ _11\"></span>b<span class=\"_ _9\"></span>ased payment reserve </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gse9\">and O<span class=\"_ _9\"></span>wn sh<span class=\"_ _9\"></span>ares h<span class=\"_ _9\"></span>eld by th<span class=\"_ _9\"></span>e Group.<span class=\"_ _335\"> </span></div><div class=\"t m0 h4a ff1 fs1 fc2 sc0 lsd0 wsa4 gsea\">GOING CONCERN<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls26 ws1 gseb\">Give<span class=\"_ _9\"></span>n the imp<span class=\"_ _9\"></span>ac<span class=\"_ _9\"></span>t of in<span class=\"_ _9\"></span>terna<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>al and do<span class=\"_ _9\"></span>mes<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>c poli<span class=\"_ _9\"></span>tical an<span class=\"_ _9\"></span>d eco<span class=\"_ _9\"></span>nom<span class=\"_ _9\"></span>ic event<span class=\"_ _9\"></span>s over the c<span class=\"_ _9\"></span>our<span class=\"_ _9\"></span>se of the ye<span class=\"_ _9\"></span>ar<span class=\"_ _11\"></span>, the D<span class=\"_ _9\"></span>irec<span class=\"_ _a\"></span>tors ha<span class=\"_ _9\"></span>ve continu<span class=\"_ _9\"></span>ed to pl<span class=\"_ _9\"></span>ace<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls1f ws28 gsec\">additional<span class=\"_ _2\"></span> focus on the<span class=\"_ _2\"></span> appropriateness of<span class=\"_ _2\"></span> adopting t<span class=\"_ _2\"></span>he going concer<span class=\"_ _2\"></span>n assumption<span class=\"_ _2\"></span> in prepari<span class=\"_ _2\"></span>ng the fi<span class=\"_ _11\"></span>nancial statements for the<span class=\"_ _2\"></span> year ended </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls1f ws28 gsed\">3<span class=\"_ _11\"></span>1 March 20<span class=\"_ _2\"></span>26<span class=\"_ _11\"></span>. The Group<span class=\"_ _11\"></span>\u2019<span class=\"_ _2\"></span>s going<span class=\"_ _2\"></span> concern assessment considers cha<span class=\"_ _2\"></span>nges in the<span class=\"_ _11\"></span> G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _1\"></span>s principal ris<span class=\"_ _2\"></span>ks (<span class=\"_ _11\"></span>see pages 43-4<span class=\"_ _9\"></span>6<span class=\"_ _11\"></span>) and is dependent<span class=\"_ _2\"></span> on </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls1f ws28 gsee\">a number of<span class=\"_ _11\"></span> fac<span class=\"_ _9\"></span>tors, includi<span class=\"_ _2\"></span>ng our fi<span class=\"_ _11\"></span>nancial performance and conti<span class=\"_ _2\"></span>nued access to borr<span class=\"_ _2\"></span>owing faci<span class=\"_ _2\"></span>lities<span class=\"_ _11\"></span>. Access to our borro<span class=\"_ _11\"></span>w<span class=\"_ _9\"></span>ing facil<span class=\"_ _2\"></span>ities is </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls1f ws28 gsef\">dependent on our<span class=\"_ _2\"></span> ability to con<span class=\"_ _2\"></span>tinue t<span class=\"_ _11\"></span>o operate the Group<span class=\"_ _11\"></span>\u2019<span class=\"_ _2\"></span>s secured debt structure within<span class=\"_ _11\"></span> i<span class=\"_ _9\"></span>ts financia<span class=\"_ _2\"></span>l cov<span class=\"_ _2\"></span>enants, whic<span class=\"_ _2\"></span>h are descri<span class=\"_ _2\"></span>bed in note 2<span class=\"_ _2\"></span>1<span class=\"_ _11\"></span>.<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gsf0\">In order<span class=\"_ _2\"></span> to satisfy themselves that t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>e Group has<span class=\"_ _11\"></span> ade<span class=\"_ _9\"></span>quate resources<span class=\"_ _2\"></span> to cont<span class=\"_ _2\"></span>inue as<span class=\"_ _11\"></span> a going concern for t<span class=\"_ _2\"></span>he foreseeable futur<span class=\"_ _2\"></span>e,<span class=\"_ _2\"></span> the Directors </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gsf1\">have rev<span class=\"_ _9\"></span>iewe<span class=\"_ _9\"></span>d the b<span class=\"_ _9\"></span>ase ca<span class=\"_ _9\"></span>se, downs<span class=\"_ _9\"></span>ide and r<span class=\"_ _9\"></span>evers<span class=\"_ _9\"></span>e s<span class=\"_ _9\"></span>tres<span class=\"_ _9\"></span>s tes<span class=\"_ _9\"></span>t mo<span class=\"_ _9\"></span>del<span class=\"_ _9\"></span>s, as well as a c<span class=\"_ _9\"></span>ash flow m<span class=\"_ _9\"></span>ode<span class=\"_ _9\"></span>l whic<span class=\"_ _9\"></span>h cons<span class=\"_ _9\"></span>ider<span class=\"_ _9\"></span>s the im<span class=\"_ _9\"></span>pac<span class=\"_ _a\"></span>t of pes<span class=\"_ _9\"></span>simis<span class=\"_ _9\"></span>tic<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gsf2\">assumptions on<span class=\"_ _11\"></span> the Group\u2019<span class=\"_ _11\"></span>s operating<span class=\"_ _11\"></span> environment (<span class=\"_ _11\"></span>the \u2018<span class=\"_ _11\"></span>mitigated downside scenario<span class=\"_ _11\"></span>\u2019)<span class=\"_ _1\"></span>. This mitigated<span class=\"_ _2\"></span> downside scenari<span class=\"_ _2\"></span>o reflects unfavour<span class=\"_ _2\"></span>able </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gsf3\">macroeconomic conditions<span class=\"_ _11\"></span>, a deterioration i<span class=\"_ _2\"></span>n our a<span class=\"_ _2\"></span>bility to collect rent and<span class=\"_ _2\"></span> ser<span class=\"_ _9\"></span>vice charge<span class=\"_ _2\"></span> from our<span class=\"_ _2\"></span> customers and remov<span class=\"_ _2\"></span>es uncommitted </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gsf4\">acquisitions<span class=\"_ _11\"></span>, disposals and de<span class=\"_ _2\"></span>velopments. </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls26 ws1 gsf5\">The Gr<span class=\"_ _9\"></span>oup\u2019<span class=\"_ _11\"></span>s key me<span class=\"_ _9\"></span>tric<span class=\"_ _9\"></span>s from th<span class=\"_ _9\"></span>e miti<span class=\"_ _9\"></span>gate<span class=\"_ _9\"></span>d dow<span class=\"_ _9\"></span>nside s<span class=\"_ _9\"></span>cen<span class=\"_ _9\"></span>ario as a<span class=\"_ _9\"></span>t the en<span class=\"_ _9\"></span>d of the g<span class=\"_ _9\"></span>oing co<span class=\"_ _9\"></span>nce<span class=\"_ _9\"></span>rn ass<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>sme<span class=\"_ _9\"></span>nt per<span class=\"_ _9\"></span>iod, wh<span class=\"_ _9\"></span>ich cove<span class=\"_ _9\"></span>rs the 16 month<span class=\"_ _9\"></span>s </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls26 ws1 gsf6\">to 30 Sep<span class=\"_ _9\"></span>temb<span class=\"_ _9\"></span>er 2027<span class=\"_ _1\"></span>, are show<span class=\"_ _9\"></span>n bel<span class=\"_ _9\"></span>ow alon<span class=\"_ _9\"></span>gsid<span class=\"_ _9\"></span>e the ac<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>ual po<span class=\"_ _9\"></span>sitio<span class=\"_ _9\"></span>n at 31 March 2026<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></div><div class=\"gsf7\"><table class=\"s wac hc0\" id=\"_b56cbcb4-90df-4a2a-8ee5-b5782c7b7466\"><tr><td></td><td></td><td class=\"t m0 x24d h15 y3297 ff3 fsd fc2 sc0 ls41 ws36\">Mitigated do<span class=\"_ _2\"></span>wnside </td></tr><tr><td></td><td></td><td class=\"t m0 x421 h15 y3298 ff3 fsd fc2 sc0 ls8c ws94\">scenario<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y3299 wad hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls74 ws1\">Key metri<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n x422 y3299 wae hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls3f ws3c\">31 Ma<span class=\"_ _9\"></span>rc<span class=\"_ _9\"></span>h 2026<span class=\"_ _335\"> </span></div></td><td class=\"c n x423 y3299 waf hbc\"><div class=\"t m0 x239 h15 y3229 ff3 fsd fc2 sc0 ls41 ws36\">30 September 2<span class=\"_ _11\"></span>02<span class=\"_ _11\"></span>7<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y329a wb0 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Se<span class=\"_ _9\"></span>curit<span class=\"_ _9\"></span>y G<span class=\"_ _9\"></span>roup L<span class=\"_ _11\"></span>T<span class=\"_ _9\"></span>V<span class=\"_ _335\"> </span></div></td><td class=\"c n x424 y329a wb1 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">41.6%<span class=\"_ _335\"> </span></div></td><td class=\"c n x425 y329a wb2 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">46.6%<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y329b wb3 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Adjus<span class=\"_ _9\"></span>ted ne<span class=\"_ _9\"></span>t de<span class=\"_ _9\"></span>bt<span class=\"_ _335\"> </span></div></td><td class=\"c n x426 y329b wb4 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">\u00a34,215m<span class=\"_ _335\"> </span></div></td><td class=\"c n x427 y329b wb5 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">\u00a34,608m<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3227 wb6 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">EPRA n<span class=\"_ _9\"></span>et tan<span class=\"_ _9\"></span>gible a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>ts<span class=\"_ _335\"> </span></div></td><td class=\"c n x428 y3227 wb7 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">\u00a36,574m<span class=\"_ _335\"> </span></div></td><td class=\"c n x429 y3227 wb8 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">\u00a35,768m<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3228 wb9 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Av<span class=\"_ _2\"></span>ailable fi<span class=\"_ _11\"></span>nancial headroom<span class=\"_ _335\"> </span></div></td><td class=\"c n x42a y3228 wba hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">\u00a31.3bn<span class=\"_ _335\"> </span></div></td><td class=\"c n x42b y3228 w51 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">\u00a30.4bn<span class=\"_ _335\"> </span></div></td></tr></table></div>In our miti<span class=\"_ _9\"></span>gate<span class=\"_ _9\"></span>d dow<span class=\"_ _9\"></span>nsid<span class=\"_ _9\"></span>e scen<span class=\"_ _9\"></span>ario, the Gro<span class=\"_ _9\"></span>up has suffic<span class=\"_ _9\"></span>ient fin<span class=\"_ _9\"></span>ancial h<span class=\"_ _9\"></span>ea<span class=\"_ _9\"></span>droo<span class=\"_ _9\"></span>m, with ou<span class=\"_ _9\"></span>r Se<span class=\"_ _9\"></span>curit<span class=\"_ _9\"></span>y G<span class=\"_ _9\"></span>roup L<span class=\"_ _11\"></span>T<span class=\"_ _9\"></span>V r<span class=\"_ _9\"></span>atio re<span class=\"_ _9\"></span>mainin<span class=\"_ _9\"></span>g les<span class=\"_ _9\"></span>s than 65% and inter<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>t cover ab<span class=\"_ _9\"></span>ove 1.45x, for a peri<span class=\"_ _9\"></span>od of 16 month<span class=\"_ _9\"></span>s from th<span class=\"_ _9\"></span>e date o<span class=\"_ _9\"></span>f autho<span class=\"_ _9\"></span>risa<span class=\"_ _9\"></span>tion o<span class=\"_ _9\"></span>f thes<span class=\"_ _9\"></span>e financi<span class=\"_ _9\"></span>al s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s. Under this s<span class=\"_ _9\"></span>cen<span class=\"_ _9\"></span>ario, <span class=\"ls1\"> </span>the Se<span class=\"_ _9\"></span>curi<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s as<span class=\"_ _9\"></span>set val<span class=\"_ _9\"></span>ues wo<span class=\"_ _9\"></span>uld ne<span class=\"_ _9\"></span>ed to fall by a f<span class=\"_ _9\"></span>ur<span class=\"_ _9\"></span>the<span class=\"_ _9\"></span>r 28<span class=\"_ _2\"></span>% from the s<span class=\"_ _9\"></span>ensi<span class=\"_ _9\"></span>tise<span class=\"_ _9\"></span>d value<span class=\"_ _9\"></span>s fore<span class=\"_ _9\"></span>cas<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d at 30 S<span class=\"_ _9\"></span>epte<span class=\"_ _9\"></span>mbe<span class=\"_ _9\"></span>r 2027 to be non-<span class=\"_ _335\"> </span>comp<span class=\"_ _9\"></span>liant w<span class=\"_ _9\"></span>ith the L<span class=\"_ _2\"></span>T<span class=\"_ _9\"></span>V covenan<span class=\"_ _9\"></span>t. This equa<span class=\"_ _9\"></span>tes to a 36<span class=\"_ _2\"></span>% fall in the valu<span class=\"_ _9\"></span>e of the S<span class=\"_ _9\"></span>ecur<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>y Gr<span class=\"_ _9\"></span>oup\u2019<span class=\"_ _11\"></span>s as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ts fro<span class=\"_ _9\"></span>m the 31 March 2026 values for th<span class=\"_ _9\"></span>e L<span class=\"_ _11\"></span>T<span class=\"_ _9\"></span>V to rea<span class=\"_ _9\"></span>ch 65%<span class=\"_ _2\"></span>. The Di<span class=\"_ _9\"></span>rec<span class=\"_ _9\"></span>to<span class=\"_ _9\"></span>rs co<span class=\"_ _9\"></span>nsid<span class=\"_ _9\"></span>er the likelih<span class=\"_ _9\"></span>oo<span class=\"_ _9\"></span>d of this o<span class=\"_ _9\"></span>ccurr<span class=\"_ _9\"></span>ing over th<span class=\"_ _9\"></span>e going c<span class=\"_ _9\"></span>onc<span class=\"_ _9\"></span>ern as<span class=\"_ _9\"></span>ses<span class=\"_ _9\"></span>sme<span class=\"_ _9\"></span>nt pe<span class=\"_ _9\"></span>rio<span class=\"_ _9\"></span>d to be rem<span class=\"_ _9\"></span>ote. The S<span class=\"_ _9\"></span>ecuri<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y Gro<span class=\"_ _9\"></span>up also re<span class=\"_ _9\"></span>quire<span class=\"_ _9\"></span>s ear<span class=\"_ _9\"></span>nings b<span class=\"_ _9\"></span>efo<span class=\"_ _9\"></span>re intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t of at l<span class=\"_ _9\"></span>eas<span class=\"_ _9\"></span>t \u00a3<span class=\"_ _9\"></span>277<span class=\"_ _2\"></span>m in the full ye<span class=\"_ _9\"></span>ar end<span class=\"_ _9\"></span>ing 31 March 2027 and at le<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>t \u00a3156m in the six-month per<span class=\"_ _9\"></span>iod e<span class=\"_ _9\"></span>nding 30 S<span class=\"_ _9\"></span>ep<span class=\"_ _9\"></span>temb<span class=\"_ _9\"></span>er 2027 for intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t cover to re<span class=\"_ _9\"></span>main ab<span class=\"_ _9\"></span>ove 1.<span class=\"_ _11\"></span>4<span class=\"_ _9\"></span>5x in the mi<span class=\"_ _9\"></span>tiga<span class=\"_ _9\"></span>ted dow<span class=\"_ _9\"></span>nsid<span class=\"_ _9\"></span>e sce<span class=\"_ _9\"></span>nario, whic<span class=\"_ _9\"></span>h would e<span class=\"_ _9\"></span>nsure<span class=\"_ _9\"></span> compliance with<span class=\"_ _11\"></span> the Group\u2019<span class=\"_ _11\"></span>s cov<span class=\"_ _11\"></span>enant through t<span class=\"_ _11\"></span>o the end of the<span class=\"_ _2\"></span> going concern<span class=\"_ _2\"></span> assessment period.<span class=\"_ _2\"></span> Security Group earnings<span class=\"_ _2\"></span> post year end 3<span class=\"_ _2\"></span>1 March 2026 are track<span class=\"_ _9\"></span>ing wel<span class=\"_ _9\"></span>l above the l<span class=\"_ _9\"></span>evel re<span class=\"_ _9\"></span>quire<span class=\"_ _9\"></span>d to me<span class=\"_ _9\"></span>et the in<span class=\"_ _9\"></span>tere<span class=\"_ _9\"></span>st c<span class=\"_ _9\"></span>over coven<span class=\"_ _9\"></span>ant for th<span class=\"_ _9\"></span>e year e<span class=\"_ _9\"></span>nde<span class=\"_ _9\"></span>d 3<span class=\"_ _2\"></span>1 March 2027<span class=\"_ _1\"></span>. The Dire<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tor<span class=\"_ _9\"></span>s do no<span class=\"_ _9\"></span>t anticip<span class=\"_ _9\"></span>ate a re<span class=\"_ _9\"></span>duc<span class=\"_ _a\"></span>tion in Se<span class=\"_ _9\"></span>curit<span class=\"_ _9\"></span>y G<span class=\"_ _9\"></span>roup e<span class=\"_ _9\"></span>arning<span class=\"_ _9\"></span>s over the p<span class=\"_ _9\"></span>eri<span class=\"_ _9\"></span>od en<span class=\"_ _9\"></span>ding 30 S<span class=\"_ _9\"></span>epte<span class=\"_ _9\"></span>mbe<span class=\"_ _9\"></span>r 2027 to a level that wo<span class=\"_ _9\"></span>uld re<span class=\"_ _9\"></span>sult in a b<span class=\"_ _9\"></span>rea<span class=\"_ _9\"></span>ch of<span class=\"_ _9\"></span> the inter<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>t cover c<span class=\"_ _9\"></span>ovenant. The Dir<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>to<span class=\"_ _9\"></span>rs ha<span class=\"_ _9\"></span>ve also c<span class=\"_ _9\"></span>onsi<span class=\"_ _9\"></span>dere<span class=\"_ _9\"></span>d a rever<span class=\"_ _9\"></span>se s<span class=\"_ _9\"></span>tre<span class=\"_ _9\"></span>ss-tes<span class=\"_ _9\"></span>t sce<span class=\"_ _9\"></span>nari<span class=\"_ _9\"></span>o whic<span class=\"_ _9\"></span>h assum<span class=\"_ _9\"></span>es no f<span class=\"_ _9\"></span>ur<span class=\"_ _9\"></span>the<span class=\"_ _9\"></span>r rent w<span class=\"_ _9\"></span>ill be r<span class=\"_ _9\"></span>ece<span class=\"_ _9\"></span>ive<span class=\"_ _9\"></span>d, to determ<span class=\"_ _9\"></span>ine wh<span class=\"_ _9\"></span>en our<span class=\"_ _9\"></span> available<span class=\"_ _2\"></span> cash resources<span class=\"_ _2\"></span> would be e<span class=\"_ _2\"></span>xhausted.<span class=\"_ _2\"></span> Ev<span class=\"_ _2\"></span>en under t<span class=\"_ _11\"></span>his ex<span class=\"_ _9\"></span>treme scenario<span class=\"_ _11\"></span>, although br<span class=\"_ _2\"></span>eaching the<span class=\"_ _2\"></span> interest cov<span class=\"_ _2\"></span>er cov<span class=\"_ _2\"></span>enant,<span class=\"_ _2\"></span> the Group continues<span class=\"_ _2\"></span> to have<span class=\"_ _2\"></span> suffici<span class=\"_ _2\"></span>ent cash r<span class=\"_ _2\"></span>eser<span class=\"_ _9\"></span>ves to con<span class=\"_ _2\"></span>tinue<span class=\"_ _2\"></span> in operation<span class=\"_ _2\"></span> throughout<span class=\"_ _2\"></span> the going<span class=\"_ _2\"></span> concern assessment period<span class=\"_ _11\"></span>.<span class=\"_ _9\"></span> Based on these considerat<span class=\"_ _2\"></span>ions, t<span class=\"_ _11\"></span>o<span class=\"_ _9\"></span>gether with ava<span class=\"_ _2\"></span>ilable mark<span class=\"_ _11\"></span>et information<span class=\"_ _2\"></span> and the<span class=\"_ _2\"></span> Directors\u2019 knowledge and experience<span class=\"_ _11\"></span> of the Group\u2019<span class=\"_ _1\"></span>s proper<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y por<span class=\"_ _9\"></span>tfolio and mark<span class=\"_ _11\"></span>et<span class=\"_ _9\"></span>s, t<span class=\"_ _2\"></span>he Directors have adopted the<span class=\"_ _2\"></span> going concern<span class=\"_ _2\"></span> basis in pr<span class=\"_ _2\"></span>eparing these<span class=\"_ _2\"></span> financial<span class=\"_ _11\"></span> s<span class=\"_ _9\"></span>tatements for the<span class=\"_ _2\"></span> year ended 3<span class=\"_ _11\"></span>1 March<span class=\"_ _11\"></span> 2026<span class=\"_ _11\"></span>. BASIS OF<span class=\"_ _2\"></span> CONSOLID<span class=\"_ _11\"></span>A<span class=\"_ _11\"></span>TION The co<span class=\"_ _9\"></span>nsol<span class=\"_ _9\"></span>idate<span class=\"_ _9\"></span>d finan<span class=\"_ _9\"></span>cial s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s for th<span class=\"_ _9\"></span>e year en<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>d 3<span class=\"_ _2\"></span>1 March 2026 incor<span class=\"_ _9\"></span>pora<span class=\"_ _9\"></span>te the finan<span class=\"_ _9\"></span>cial s<span class=\"_ _9\"></span>tate<span class=\"_ _9\"></span>men<span class=\"_ _9\"></span>ts of th<span class=\"_ _9\"></span>e Com<span class=\"_ _9\"></span>pany and all i<span class=\"_ _9\"></span>ts<span class=\"_ _9\"></span> subsidi<span class=\"_ _2\"></span>ary under<span class=\"_ _9\"></span>takings<span class=\"_ _2\"></span>. Subsid<span class=\"_ _2\"></span>iary under<span class=\"_ _9\"></span>takings a<span class=\"_ _2\"></span>re those<span class=\"_ _2\"></span> entities con<span class=\"_ _2\"></span>trolled b<span class=\"_ _2\"></span>y the Compan<span class=\"_ _11\"></span>y<span class=\"_ _11\"></span>. Control e<span class=\"_ _2\"></span>xists where an entity is exposed t<span class=\"_ _2\"></span>o variabl<span class=\"_ _9\"></span>e retur<span class=\"_ _9\"></span>ns and h<span class=\"_ _9\"></span>as the ab<span class=\"_ _9\"></span>ilit<span class=\"_ _9\"></span>y to affe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t thos<span class=\"_ _9\"></span>e retur<span class=\"_ _9\"></span>ns throu<span class=\"_ _9\"></span>gh it<span class=\"_ _9\"></span>s powe<span class=\"_ _9\"></span>r over the inves<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>e.<span class=\"_ _335\"> </span>The re<span class=\"_ _9\"></span>sult<span class=\"_ _9\"></span>s of subs<span class=\"_ _9\"></span>idiari<span class=\"_ _9\"></span>es and j<span class=\"_ _9\"></span>oint ventu<span class=\"_ _9\"></span>res ac<span class=\"_ _9\"></span>quire<span class=\"_ _9\"></span>d or dis<span class=\"_ _9\"></span>pos<span class=\"_ _9\"></span>ed of du<span class=\"_ _9\"></span>ring the ye<span class=\"_ _9\"></span>ar are in<span class=\"_ _9\"></span>clud<span class=\"_ _9\"></span>ed fro<span class=\"_ _9\"></span>m the effe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tive da<span class=\"_ _9\"></span>te of ac<span class=\"_ _9\"></span>quisi<span class=\"_ _9\"></span>tion or to<span class=\"_ _9\"></span> the effe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tive da<span class=\"_ _9\"></span>te of dis<span class=\"_ _9\"></span>pos<span class=\"_ _9\"></span>al. Accounting p<span class=\"_ _9\"></span>oli<span class=\"_ _9\"></span>cies o<span class=\"_ _9\"></span>f subsidi<span class=\"_ _9\"></span>arie<span class=\"_ _9\"></span>s and join<span class=\"_ _9\"></span>t venture<span class=\"_ _9\"></span>s whi<span class=\"_ _9\"></span>ch differ fro<span class=\"_ _9\"></span>m Gro<span class=\"_ _9\"></span>up acco<span class=\"_ _9\"></span>unting p<span class=\"_ _9\"></span>olic<span class=\"_ _9\"></span>ies ar<span class=\"_ _9\"></span>e adjus<span class=\"_ _9\"></span>ted<span class=\"_ _9\"></span> on consolidation<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>Wher<span class=\"_ _9\"></span>e ins<span class=\"_ _9\"></span>trum<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s in a subsid<span class=\"_ _9\"></span>iar<span class=\"_ _9\"></span>y h<span class=\"_ _9\"></span>eld by third p<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s are re<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>emab<span class=\"_ _9\"></span>le at th<span class=\"_ _9\"></span>e opti<span class=\"_ _9\"></span>on of th<span class=\"_ _9\"></span>e hol<span class=\"_ _9\"></span>der<span class=\"_ _11\"></span>, the<span class=\"_ _9\"></span>se inte<span class=\"_ _9\"></span>res<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s are cl<span class=\"_ _9\"></span>assifie<span class=\"_ _9\"></span>d as a finan<span class=\"_ _9\"></span>cial<span class=\"_ _9\"></span> liabili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>, call<span class=\"_ _9\"></span>ed the r<span class=\"_ _9\"></span>ede<span class=\"_ _9\"></span>mpti<span class=\"_ _9\"></span>on liabi<span class=\"_ _9\"></span>lit<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>. The li<span class=\"_ _9\"></span>abili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y is carri<span class=\"_ _9\"></span>ed a<span class=\"_ _9\"></span>t fair value; the value i<span class=\"_ _9\"></span>s rea<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>d at th<span class=\"_ _9\"></span>e bal<span class=\"_ _9\"></span>ance sh<span class=\"_ _9\"></span>ee<span class=\"_ _9\"></span>t da<span class=\"_ _9\"></span>te and move<span class=\"_ _9\"></span>ment<span class=\"_ _9\"></span>s are<span class=\"_ _9\"></span> reco<span class=\"_ _9\"></span>gnis<span class=\"_ _9\"></span>ed in th<span class=\"_ _9\"></span>e sta<span class=\"_ _9\"></span>teme<span class=\"_ _9\"></span>nt of ch<span class=\"_ _9\"></span>ange<span class=\"_ _9\"></span>s in equ<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>y or th<span class=\"_ _9\"></span>e inco<span class=\"_ _9\"></span>me s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent. Movem<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s are re<span class=\"_ _9\"></span>cogni<span class=\"_ _9\"></span>sed i<span class=\"_ _9\"></span>n the s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent o<span class=\"_ _9\"></span>f chang<span class=\"_ _9\"></span>es in e<span class=\"_ _9\"></span>quit<span class=\"_ _9\"></span>y<span class=\"_ _9\"></span><span class=\"ls1\"> </span>if the opt<span class=\"_ _2\"></span>ion holder holds a<span class=\"_ _11\"></span> non-controlling<span class=\"_ _2\"></span> interest.<span class=\"_ _335\"> </span>Wher<span class=\"_ _9\"></span>e equi<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y in a subsi<span class=\"_ _9\"></span>diar<span class=\"_ _9\"></span>y i<span class=\"_ _9\"></span>s not a<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>tribu<span class=\"_ _9\"></span>table, dire<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tly o<span class=\"_ _9\"></span>r indire<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tly<span class=\"_ _2\"></span>, to the shar<span class=\"_ _9\"></span>ehol<span class=\"_ _9\"></span>der<span class=\"_ _9\"></span>s of the p<span class=\"_ _9\"></span>are<span class=\"_ _9\"></span>nt, this is cl<span class=\"_ _9\"></span>assifie<span class=\"_ _9\"></span>d as a no<span class=\"_ _9\"></span>n-co<span class=\"_ _9\"></span>ntrollin<span class=\"_ _9\"></span>g intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t. T<span class=\"_ _11\"></span>otal com<span class=\"_ _9\"></span>preh<span class=\"_ _9\"></span>ensi<span class=\"_ _9\"></span>ve inco<span class=\"_ _9\"></span>me or l<span class=\"_ _9\"></span>oss an<span class=\"_ _9\"></span>d the to<span class=\"_ _9\"></span>tal equi<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y of the G<span class=\"_ _9\"></span>roup are a<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>tribu<span class=\"_ _9\"></span>ted to th<span class=\"_ _9\"></span>e share<span class=\"_ _9\"></span>hol<span class=\"_ _9\"></span>der<span class=\"_ _9\"></span>s of the p<span class=\"_ _9\"></span>aren<span class=\"_ _9\"></span>t and to the<span class=\"_ _9\"></span> non-control<span class=\"_ _2\"></span>ling i<span class=\"_ _2\"></span>nterests according t<span class=\"_ _11\"></span>o their respec<span class=\"_ _9\"></span>tive o<span class=\"_ _2\"></span>wnership percentages<span class=\"_ _11\"></span>. When the proportion of equity held by<span class=\"_ _2\"></span> the non-con<span class=\"_ _2\"></span>trolli<span class=\"_ _2\"></span>ng interest changes<span class=\"_ _2\"></span>, the Grou<span class=\"_ _2\"></span>p will ad<span class=\"_ _11\"></span>jus<span class=\"_ _9\"></span>t the ca<span class=\"_ _2\"></span>rrying amounts of equity attributable to<span class=\"_ _11\"></span> the shareholders of the par<span class=\"_ _2\"></span>ent and non<span class=\"_ _11\"></span>-controlling intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t to reflec<span class=\"_ _a\"></span>t the chang<span class=\"_ _9\"></span>es in th<span class=\"_ _9\"></span>eir rel<span class=\"_ _9\"></span>ative in<span class=\"_ _9\"></span>tere<span class=\"_ _9\"></span>st<span class=\"_ _9\"></span>s in the su<span class=\"_ _9\"></span>bsidia<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>. The G<span class=\"_ _9\"></span>roup sh<span class=\"_ _9\"></span>all rec<span class=\"_ _9\"></span>ognis<span class=\"_ _9\"></span>e dire<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tly in e<span class=\"_ _9\"></span>quit<span class=\"_ _9\"></span>y any differ<span class=\"_ _9\"></span>enc<span class=\"_ _9\"></span>e be<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>ween<span class=\"_ _9\"></span> the amo<span class=\"_ _9\"></span>unt by whi<span class=\"_ _9\"></span>ch the no<span class=\"_ _9\"></span>n-co<span class=\"_ _9\"></span>ntrollin<span class=\"_ _9\"></span>g intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t is adjus<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d and the f<span class=\"_ _9\"></span>air value of th<span class=\"_ _9\"></span>e con<span class=\"_ _9\"></span>side<span class=\"_ _9\"></span>ratio<span class=\"_ _9\"></span>n paid o<span class=\"_ _9\"></span>r rec<span class=\"_ _9\"></span>eive<span class=\"_ _9\"></span>d, and at<span class=\"_ _9\"></span>trib<span class=\"_ _9\"></span>ute i<span class=\"_ _9\"></span>t to the shareholders of t<span class=\"_ _2\"></span>he parent<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>Joint ar<span class=\"_ _9\"></span>range<span class=\"_ _9\"></span>ment<span class=\"_ _9\"></span>s are th<span class=\"_ _9\"></span>ose en<span class=\"_ _9\"></span>titie<span class=\"_ _9\"></span>s over wh<span class=\"_ _9\"></span>ose a<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tiv<span class=\"_ _9\"></span>itie<span class=\"_ _9\"></span>s the Gro<span class=\"_ _9\"></span>up has j<span class=\"_ _9\"></span>oint co<span class=\"_ _9\"></span>ntrol, es<span class=\"_ _9\"></span>tabli<span class=\"_ _9\"></span>she<span class=\"_ _9\"></span>d by contra<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tual a<span class=\"_ _9\"></span>gree<span class=\"_ _9\"></span>men<span class=\"_ _9\"></span>t. Interes<span class=\"_ _9\"></span>ts in j<span class=\"_ _9\"></span>oint<span class=\"_ _9\"></span> arrang<span class=\"_ _9\"></span>eme<span class=\"_ _9\"></span>nts ar<span class=\"_ _9\"></span>e acco<span class=\"_ _9\"></span>unted fo<span class=\"_ _9\"></span>r as ei<span class=\"_ _9\"></span>ther a j<span class=\"_ _9\"></span>oint ventu<span class=\"_ _9\"></span>re or a jo<span class=\"_ _9\"></span>int op<span class=\"_ _9\"></span>erati<span class=\"_ _9\"></span>on. A joint arran<span class=\"_ _9\"></span>gem<span class=\"_ _9\"></span>ent is a<span class=\"_ _9\"></span>ccou<span class=\"_ _9\"></span>nted fo<span class=\"_ _9\"></span>r as a join<span class=\"_ _9\"></span>t venture w<span class=\"_ _9\"></span>hen<span class=\"_ _9\"></span> the Gro<span class=\"_ _9\"></span>up, along wi<span class=\"_ _9\"></span>th the o<span class=\"_ _9\"></span>ther p<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s tha<span class=\"_ _9\"></span>t have j<span class=\"_ _9\"></span>oint co<span class=\"_ _9\"></span>ntrol of th<span class=\"_ _9\"></span>e arran<span class=\"_ _9\"></span>gem<span class=\"_ _9\"></span>ent, ha<span class=\"_ _9\"></span>ve right<span class=\"_ _9\"></span>s to the ne<span class=\"_ _9\"></span>t as<span class=\"_ _9\"></span>set<span class=\"_ _9\"></span>s of th<span class=\"_ _9\"></span>e arrang<span class=\"_ _9\"></span>eme<span class=\"_ _9\"></span>nt. Interes<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s in joint ve<span class=\"_ _9\"></span>ntures a<span class=\"_ _9\"></span>re equi<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y acc<span class=\"_ _9\"></span>ounte<span class=\"_ _9\"></span>d. The equi<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y me<span class=\"_ _9\"></span>thod r<span class=\"_ _9\"></span>equire<span class=\"_ _9\"></span>s the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _11\"></span>s s<span class=\"_ _9\"></span>hare of th<span class=\"_ _9\"></span>e joint ve<span class=\"_ _9\"></span>nture\u2019<span class=\"_ _11\"></span>s p<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>t-tax profi<span class=\"_ _9\"></span>t or los<span class=\"_ _9\"></span>s for th<span class=\"_ _9\"></span>e year<span class=\"_ _9\"></span> to be pre<span class=\"_ _9\"></span>sen<span class=\"_ _9\"></span>ted se<span class=\"_ _9\"></span>para<span class=\"_ _9\"></span>tely i<span class=\"_ _9\"></span>n the inco<span class=\"_ _9\"></span>me s<span class=\"_ _9\"></span>tate<span class=\"_ _9\"></span>ment a<span class=\"_ _9\"></span>nd the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _11\"></span>s s<span class=\"_ _9\"></span>hare of th<span class=\"_ _9\"></span>e joint ve<span class=\"_ _9\"></span>nture\u2019<span class=\"_ _11\"></span>s n<span class=\"_ _9\"></span>et a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>ts to b<span class=\"_ _9\"></span>e pre<span class=\"_ _9\"></span>sente<span class=\"_ _9\"></span>d se<span class=\"_ _9\"></span>para<span class=\"_ _9\"></span>tely in th<span class=\"_ _9\"></span>e balan<span class=\"_ _9\"></span>ce sh<span class=\"_ _9\"></span>ee<span class=\"_ _9\"></span>t. A joint arrang<span class=\"_ _9\"></span>eme<span class=\"_ _9\"></span>nt is ac<span class=\"_ _9\"></span>counte<span class=\"_ _9\"></span>d for a<span class=\"_ _9\"></span>s a joint o<span class=\"_ _9\"></span>pera<span class=\"_ _9\"></span>tion w<span class=\"_ _9\"></span>he<span class=\"_ _9\"></span>n the Gro<span class=\"_ _9\"></span>up, along wi<span class=\"_ _9\"></span>th the p<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s that h<span class=\"_ _9\"></span>ave jo<span class=\"_ _9\"></span>int con<span class=\"_ _9\"></span>trol of th<span class=\"_ _9\"></span>e arrangement<span class=\"_ _11\"></span>, have rights to<span class=\"_ _11\"></span> the asset<span class=\"_ _9\"></span>s and obli<span class=\"_ _2\"></span>gations for<span class=\"_ _2\"></span> the lia<span class=\"_ _2\"></span>bilities relat<span class=\"_ _2\"></span>ing to<span class=\"_ _11\"></span> the arrangement<span class=\"_ _11\"></span>. Joint operations a<span class=\"_ _2\"></span>re account<span class=\"_ _2\"></span>ed for b<span class=\"_ _2\"></span>y inclu<span class=\"_ _9\"></span>ding the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _2\"></span>s share of th<span class=\"_ _9\"></span>e as<span class=\"_ _9\"></span>set<span class=\"_ _9\"></span>s, liabili<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s, incom<span class=\"_ _9\"></span>e and exp<span class=\"_ _9\"></span>ens<span class=\"_ _9\"></span>es o<span class=\"_ _9\"></span>n a line-by-line bas<span class=\"_ _9\"></span>is.<span class=\"_ _335\"> </span>Intra<span class=\"_ _11\"></span>-group balances and a<span class=\"_ _11\"></span>ny unrealised ga<span class=\"_ _2\"></span>ins and<span class=\"_ _2\"></span> losses arising<span class=\"_ _11\"></span> from intra<span class=\"_ _2\"></span>-group t<span class=\"_ _2\"></span>ransactions are el<span class=\"_ _2\"></span>iminated i<span class=\"_ _11\"></span>n preparing the consoli<span class=\"_ _2\"></span>dated financi<span class=\"_ _9\"></span>al sta<span class=\"_ _9\"></span>teme<span class=\"_ _9\"></span>nts. Unre<span class=\"_ _9\"></span>alis<span class=\"_ _9\"></span>ed gain<span class=\"_ _9\"></span>s arisin<span class=\"_ _9\"></span>g from tran<span class=\"_ _9\"></span>sac<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>ons w<span class=\"_ _9\"></span>ith jo<span class=\"_ _9\"></span>int venture<span class=\"_ _9\"></span>s are el<span class=\"_ _9\"></span>imina<span class=\"_ _9\"></span>ted to the ex<span class=\"_ _a\"></span>tent of the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _11\"></span>s in<span class=\"_ _9\"></span>teres<span class=\"_ _9\"></span>t in th<span class=\"_ _9\"></span>e joint ve<span class=\"_ _9\"></span>nture co<span class=\"_ _9\"></span>ncer<span class=\"_ _9\"></span>ned. Unre<span class=\"_ _9\"></span>alise<span class=\"_ _9\"></span>d los<span class=\"_ _9\"></span>ses a<span class=\"_ _9\"></span>re elimin<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>d in the sam<span class=\"_ _9\"></span>e way<span class=\"_ _11\"></span>, b<span class=\"_ _9\"></span>ut on<span class=\"_ _9\"></span>ly to the ex<span class=\"_ _a\"></span>tent that th<span class=\"_ _9\"></span>ere is n<span class=\"_ _9\"></span>o evid<span class=\"_ _9\"></span>ence o<span class=\"_ _9\"></span>f impa<span class=\"_ _9\"></span>irmen<span class=\"_ _9\"></span>t.<span class=\"_ _335\"> </span><div class=\"t m0 ha2 ff1 fs7 fc0 sc0 ls1 ws1 gs12a\">2<span class=\"_ _1c0\"> </span><span class=\"fc4 lsd2 wsf3\">SIGNIFICANT<span class=\"_ _2\"></span> A<span class=\"_ _2\"></span>CCOUNTING<span class=\"_ _11\"></span> J<span class=\"_ _9\"></span>UDGEMENTS AND ESTIMA<span class=\"_ _1\"></span>TES<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs12b\">The preparation<span class=\"_ _11\"></span> of financial statements i<span class=\"_ _2\"></span>n conform<span class=\"_ _2\"></span>ity with IFRS r<span class=\"_ _2\"></span>equires management<span class=\"_ _2\"></span> to ex<span class=\"_ _11\"></span>ercise judgement in a<span class=\"_ _11\"></span>pp<span class=\"_ _9\"></span>lying the Gr<span class=\"_ _2\"></span>oup\u2019<span class=\"_ _1\"></span>s </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs12c\">acco<span class=\"_ _9\"></span>unting p<span class=\"_ _9\"></span>olic<span class=\"_ _9\"></span>ies. The are<span class=\"_ _9\"></span>as w<span class=\"_ _9\"></span>here th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up cons<span class=\"_ _9\"></span>ider<span class=\"_ _9\"></span>s the ju<span class=\"_ _9\"></span>dge<span class=\"_ _9\"></span>ment<span class=\"_ _9\"></span>s to be m<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>t signific<span class=\"_ _9\"></span>ant involve a<span class=\"_ _9\"></span>ssump<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>s or key es<span class=\"_ _9\"></span>tima<span class=\"_ _9\"></span>tes in<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs12d\">resp<span class=\"_ _9\"></span>ec<span class=\"_ _a\"></span>t of future eve<span class=\"_ _9\"></span>nts, w<span class=\"_ _9\"></span>here a<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tual re<span class=\"_ _9\"></span>sult<span class=\"_ _9\"></span>s ma<span class=\"_ _9\"></span>y differ fro<span class=\"_ _9\"></span>m thes<span class=\"_ _9\"></span>e es<span class=\"_ _9\"></span>tima<span class=\"_ _9\"></span>tes. The<span class=\"_ _9\"></span>se key es<span class=\"_ _9\"></span>tima<span class=\"_ _9\"></span>tes are de<span class=\"_ _9\"></span>em<span class=\"_ _9\"></span>ed to ha<span class=\"_ _9\"></span>ve a signific<span class=\"_ _9\"></span>ant risk o<span class=\"_ _9\"></span>f </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs12e\">causin<span class=\"_ _9\"></span>g a mate<span class=\"_ _9\"></span>rial adju<span class=\"_ _9\"></span>stm<span class=\"_ _9\"></span>ent to th<span class=\"_ _9\"></span>e carr<span class=\"_ _9\"></span>y<span class=\"_ _9\"></span>ing am<span class=\"_ _9\"></span>ount<span class=\"_ _9\"></span>s of as<span class=\"_ _9\"></span>set<span class=\"_ _9\"></span>s and li<span class=\"_ _9\"></span>abilit<span class=\"_ _9\"></span>ies w<span class=\"_ _9\"></span>ithin th<span class=\"_ _9\"></span>e nex<span class=\"_ _9\"></span>t finan<span class=\"_ _9\"></span>cial ye<span class=\"_ _9\"></span>ar<span class=\"_ _1\"></span>. O<span class=\"_ _9\"></span>th<span class=\"_ _9\"></span>er so<span class=\"_ _9\"></span>urce<span class=\"_ _9\"></span>s of es<span class=\"_ _9\"></span>tim<span class=\"_ _9\"></span>atio<span class=\"_ _9\"></span>n </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs12f\">uncer<span class=\"_ _a\"></span>tainties id<span class=\"_ _9\"></span>entifie<span class=\"_ _9\"></span>d be<span class=\"_ _9\"></span>low are e<span class=\"_ _9\"></span>stim<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>s dee<span class=\"_ _9\"></span>me<span class=\"_ _9\"></span>d to have a l<span class=\"_ _9\"></span>ower ris<span class=\"_ _9\"></span>k of caus<span class=\"_ _9\"></span>ing a ma<span class=\"_ _9\"></span>terial a<span class=\"_ _9\"></span>djus<span class=\"_ _9\"></span>tmen<span class=\"_ _9\"></span>t to the carr<span class=\"_ _a\"></span>ying amo<span class=\"_ _9\"></span>unts o<span class=\"_ _9\"></span>f ass<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs130\">and liab<span class=\"_ _9\"></span>ilitie<span class=\"_ _9\"></span>s wi<span class=\"_ _9\"></span>thin the ne<span class=\"_ _9\"></span>x<span class=\"_ _9\"></span>t financi<span class=\"_ _9\"></span>al year<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></div><div class=\"t m0 h12 ff1 fsa fc2 sc0 ls3b ws47 gs131\">JUDGEMENTS<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws21 gs132\">\u2022 </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs133\">Recognisi<span class=\"_ _2\"></span>ng rev<span class=\"_ _2\"></span>enue where propert<span class=\"_ _9\"></span>y management activities are performed by a<span class=\"_ _2\"></span> thir<span class=\"_ _2\"></span>d part<span class=\"_ _9\"></span>y (<span class=\"_ _11\"></span>note 6<span class=\"_ _11\"></span>)<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws21 gs134\">\u2022 </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs135\">Comp<span class=\"_ _9\"></span>lianc<span class=\"_ _9\"></span>e wi<span class=\"_ _9\"></span>th the Real E<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>tate Inves<span class=\"_ _9\"></span>tme<span class=\"_ _9\"></span>nt T<span class=\"_ _11\"></span>ru<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t (REIT) taxatio<span class=\"_ _9\"></span>n reg<span class=\"_ _9\"></span>ime and th<span class=\"_ _9\"></span>e rec<span class=\"_ _9\"></span>ogni<span class=\"_ _9\"></span>tion of d<span class=\"_ _9\"></span>efe<span class=\"_ _9\"></span>rred ta<span class=\"_ _9\"></span>x ass<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s and liab<span class=\"_ _9\"></span>ilitie<span class=\"_ _9\"></span>s (<span class=\"_ _11\"></span>n<span class=\"_ _9\"></span>ote 11<span class=\"_ _2\"></span>)<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws21 gs136\">\u2022 </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs137\">Accounti<span class=\"_ _11\"></span>ng for cer<span class=\"_ _9\"></span>tain pr<span class=\"_ _2\"></span>oper<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y acquisit<span class=\"_ _2\"></span>ions and<span class=\"_ _2\"></span> disposals (<span class=\"_ _1\"></span>note 13<span class=\"_ _2\"></span>)<span class=\"_ _335\"> </span></div><div class=\"t m0 h12 ff1 fsa fc2 sc0 ls48 ws46 gs138\">KE<span class=\"_ _9\"></span>Y ESTI<span class=\"_ _9\"></span>MA<span class=\"_ _11\"></span>TE<span class=\"_ _9\"></span>S<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws21 gs139\">\u2022 </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs13a\">V<span class=\"_ _11\"></span>aluation of i<span class=\"_ _2\"></span>nvestment properties (<span class=\"_ _11\"></span>note 1<span class=\"_ _11\"></span>3)<span class=\"_ _335\"> </span></div><div class=\"t m0 h12 ff1 fsa fc2 sc0 ls3b ws38 gs13b\">OTHER<span class=\"_ _2\"></span> SOURCES OF<span class=\"_ _11\"></span> E<span class=\"_ _9\"></span>STIMA<span class=\"_ _11\"></span>TION<span class=\"_ _2\"></span> UNCERT<span class=\"_ _1\"></span>AINTIES<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws21 gs13c\">\u2022 </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs13d\">V<span class=\"_ _11\"></span>aluation of t<span class=\"_ _2\"></span>rading pr<span class=\"_ _2\"></span>oper<span class=\"_ _9\"></span>ties and o<span class=\"_ _2\"></span>wner<span class=\"_ _2\"></span>-occupied propert<span class=\"_ _9\"></span>y (<span class=\"_ _11\"></span>note 1<span class=\"_ _2\"></span>4 and note<span class=\"_ _11\"></span> 18<span class=\"_ _2\"></span>) </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws21 gs13e\">\u2022 </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs13f\">Impair<span class=\"_ _9\"></span>ment o<span class=\"_ _9\"></span>f trade r<span class=\"_ _9\"></span>ece<span class=\"_ _9\"></span>ivabl<span class=\"_ _9\"></span>es (<span class=\"_ _2\"></span>note 26<span class=\"_ _11\"></span>)<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws21 gs140\">\u2022 </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs141\">Es<span class=\"_ _9\"></span>tima<span class=\"_ _9\"></span>tion o<span class=\"_ _9\"></span>f provi<span class=\"_ _9\"></span>sion<span class=\"_ _9\"></span>s (<span class=\"_ _11\"></span>no<span class=\"_ _9\"></span>te 33)<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs142\">In prepari<span class=\"_ _2\"></span>ng the fi<span class=\"_ _11\"></span>nancial statements, the<span class=\"_ _2\"></span> Group has c<span class=\"_ _2\"></span>onsidered the i<span class=\"_ _11\"></span>mp<span class=\"_ _9\"></span>ac<span class=\"_ _9\"></span>t of cli<span class=\"_ _11\"></span>m<span class=\"_ _9\"></span>ate change<span class=\"_ _11\"></span>, taking in<span class=\"_ _2\"></span>to accou<span class=\"_ _2\"></span>nt the r<span class=\"_ _2\"></span>elevant<span class=\"_ _11\"></span> disclosures </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs143\">in the<span class=\"_ _2\"></span> Str<span class=\"_ _2\"></span>ategic R<span class=\"_ _11\"></span>ep<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>t, inc<span class=\"_ _2\"></span>luding t<span class=\"_ _2\"></span>hose made in<span class=\"_ _11\"></span> accordance with the recommendations<span class=\"_ _11\"></span> of the T<span class=\"_ _11\"></span>ask F<span class=\"_ _2\"></span>orce on C<span class=\"_ _2\"></span>limate-<span class=\"_ _2\"></span>related Financ<span class=\"_ _2\"></span>ial </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs144\">Disclosures<span class=\"_ _11\"></span>. These considerations i<span class=\"_ _2\"></span>ncluded the l<span class=\"_ _2\"></span>imited exposu<span class=\"_ _2\"></span>re in<span class=\"_ _2\"></span> terms of<span class=\"_ _2\"></span> our in<span class=\"_ _11\"></span>ves<span class=\"_ _9\"></span>tment properties to achie<span class=\"_ _2\"></span>ve our<span class=\"_ _11\"></span> science-based target b<span class=\"_ _2\"></span>y </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs145\">2030 (<span class=\"_ _11\"></span>no<span class=\"_ _9\"></span>te cos<span class=\"_ _9\"></span>ts w<span class=\"_ _9\"></span>ill fluc<span class=\"_ _9\"></span>tu<span class=\"_ _9\"></span>ate ye<span class=\"_ _9\"></span>ar on year a<span class=\"_ _9\"></span>s we acc<span class=\"_ _9\"></span>ount fo<span class=\"_ _9\"></span>r chang<span class=\"_ _9\"></span>es in infla<span class=\"_ _9\"></span>tion and p<span class=\"_ _9\"></span>or<span class=\"_ _a\"></span>tfoli<span class=\"_ _9\"></span>o comp<span class=\"_ _9\"></span>osi<span class=\"_ _9\"></span>tion)<span class=\"_ _1\"></span>. Relate<span class=\"_ _9\"></span>d capi<span class=\"_ _9\"></span>tal expe<span class=\"_ _9\"></span>nditu<span class=\"_ _9\"></span>re </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs146\">and the ex<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ted im<span class=\"_ _9\"></span>pac<span class=\"_ _a\"></span>t on ER<span class=\"_ _11\"></span>Vs asso<span class=\"_ _9\"></span>ciate<span class=\"_ _9\"></span>d wi<span class=\"_ _9\"></span>th this co<span class=\"_ _9\"></span>mmitm<span class=\"_ _9\"></span>ent ha<span class=\"_ _9\"></span>ve be<span class=\"_ _9\"></span>en fa<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tore<span class=\"_ _9\"></span>d wi<span class=\"_ _9\"></span>thin prop<span class=\"_ _9\"></span>er<span class=\"_ _a\"></span>ty valu<span class=\"_ _9\"></span>atio<span class=\"_ _9\"></span>ns. On this b<span class=\"_ _9\"></span>asis, the G<span class=\"_ _9\"></span>roup<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs147\">has concluded t<span class=\"_ _2\"></span>hat climate<span class=\"_ _2\"></span> change did<span class=\"_ _2\"></span> not have a mat<span class=\"_ _2\"></span>erial i<span class=\"_ _2\"></span>mpac<span class=\"_ _9\"></span>t on the<span class=\"_ _2\"></span> financia<span class=\"_ _2\"></span>l reporting judgements and estimates<span class=\"_ _2\"></span>, consistent with </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs148\">the as<span class=\"_ _9\"></span>ses<span class=\"_ _9\"></span>sme<span class=\"_ _9\"></span>nt tha<span class=\"_ _9\"></span>t this is no<span class=\"_ _9\"></span>t exp<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d to ha<span class=\"_ _9\"></span>ve a significan<span class=\"_ _9\"></span>t impa<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t on th<span class=\"_ _9\"></span>e Group\u2019<span class=\"_ _2\"></span>s going c<span class=\"_ _9\"></span>onc<span class=\"_ _9\"></span>ern or v<span class=\"_ _9\"></span>iabili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y as<span class=\"_ _9\"></span>ses<span class=\"_ _9\"></span>sme<span class=\"_ _9\"></span>nt.<span class=\"_ _335\"> </span></div><div class=\"t m0 ha2 ff1 fs7 fc0 sc0 ls1 ws1 gs149\">3<span class=\"_ _1c0\"> </span><span class=\"fc4 lsd2 wsf3\">CHANGES IN A<span class=\"_ _11\"></span>CCOUNTING POLICIES<span class=\"_ _2\"></span> AND ST<span class=\"_ _1\"></span>ANDARD<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls1f ws28 gs14a\">The account<span class=\"_ _2\"></span>ing policies<span class=\"_ _2\"></span> used in these<span class=\"_ _2\"></span> financial<span class=\"_ _11\"></span> s<span class=\"_ _9\"></span>tatements are cons<span class=\"_ _2\"></span>istent with those<span class=\"_ _11\"></span> applied in the last ann<span class=\"_ _2\"></span>ual fina<span class=\"_ _2\"></span>ncial statements,<span class=\"_ _11\"></span> as amended<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls26 ws1 gs14b\">whe<span class=\"_ _9\"></span>re rel<span class=\"_ _9\"></span>evant to refle<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t the ad<span class=\"_ _9\"></span>op<span class=\"_ _9\"></span>tion of n<span class=\"_ _9\"></span>ew s<span class=\"_ _9\"></span>tandard<span class=\"_ _9\"></span>s, amend<span class=\"_ _9\"></span>ment<span class=\"_ _9\"></span>s and in<span class=\"_ _9\"></span>terpre<span class=\"_ _9\"></span>tati<span class=\"_ _9\"></span>ons w<span class=\"_ _9\"></span>hich b<span class=\"_ _9\"></span>ecam<span class=\"_ _9\"></span>e effec<span class=\"_ _a\"></span>tive in the yea<span class=\"_ _9\"></span>r as lis<span class=\"_ _9\"></span>ted b<span class=\"_ _9\"></span>elow:<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws21 gs14c\">\u2022 </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs14d\">Ame<span class=\"_ _9\"></span>ndme<span class=\"_ _9\"></span>nts to IA<span class=\"_ _9\"></span>S 21 \u2013 Lac<span class=\"_ _9\"></span>k of exch<span class=\"_ _9\"></span>ange<span class=\"_ _9\"></span>abili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs14e\">There has been no<span class=\"_ _2\"></span> material i<span class=\"_ _2\"></span>mpac<span class=\"_ _9\"></span>t on the<span class=\"_ _2\"></span> financia<span class=\"_ _2\"></span>l statements of adopti<span class=\"_ _2\"></span>ng an<span class=\"_ _11\"></span>y new standards,<span class=\"_ _2\"></span> amendments and<span class=\"_ _2\"></span> interpret<span class=\"_ _2\"></span>ations<span class=\"_ _2\"></span>.<span class=\"_ _335\"> </span></div><div class=\"t m0 h12 ff1 fsa fc2 sc0 ls3b ws38 gs14f\">AMENDMENTS TO<span class=\"_ _11\"></span> IFRS<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs150\">A numbe<span class=\"_ _9\"></span>r of new s<span class=\"_ _9\"></span>tan<span class=\"_ _9\"></span>dards, am<span class=\"_ _9\"></span>endm<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s to stan<span class=\"_ _9\"></span>dards an<span class=\"_ _9\"></span>d interp<span class=\"_ _9\"></span>reta<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>s have b<span class=\"_ _9\"></span>ee<span class=\"_ _9\"></span>n issu<span class=\"_ _9\"></span>ed bu<span class=\"_ _9\"></span>t are no<span class=\"_ _9\"></span>t yet effe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>ve for the G<span class=\"_ _9\"></span>roup as<span class=\"_ _9\"></span><span class=\"ls1\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs151\">listed below:<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws21 gs152\">\u2022 </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs153\">IFRS<span class=\"_ _2\"></span> 18<span class=\"_ _2\"></span> Presentat<span class=\"_ _2\"></span>ion and Disc<span class=\"_ _2\"></span>losure i<span class=\"_ _2\"></span>n Financia<span class=\"_ _2\"></span>l S<span class=\"_ _2\"></span>tatements<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws21 gs154\">\u2022 </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls37 ws34 gs155\">IFRS 1<span class=\"_ _2\"></span>9 Subsidiarie<span class=\"_ _9\"></span>s withou<span class=\"_ _9\"></span>t Public Accountabilit<span class=\"_ _9\"></span>y: Discl<span class=\"_ _9\"></span>osures<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws21 gs156\">\u2022 </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs157\">Amendments to I<span class=\"_ _2\"></span>FRS 7<span class=\"_ _2\"></span> and IF<span class=\"_ _11\"></span>RS 9 Classification<span class=\"_ _11\"></span> and measurement of fi<span class=\"_ _2\"></span>nancial i<span class=\"_ _2\"></span>nstruments and for c<span class=\"_ _2\"></span>ontracts referencing natu<span class=\"_ _2\"></span>re-dependent </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws48 gs158\">elec<span class=\"_ _9\"></span>tricity </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws21 gs159\">\u2022 </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs15a\">Annual Im<span class=\"_ _9\"></span>provem<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s to IFRS Acco<span class=\"_ _9\"></span>unting Stand<span class=\"_ _9\"></span>ards (<span class=\"_ _9\"></span>V<span class=\"_ _11\"></span>o<span class=\"_ _9\"></span>lume 11<span class=\"_ _2\"></span>)<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs15b\">The Gr<span class=\"_ _9\"></span>oup has ye<span class=\"_ _9\"></span>t to ass<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>s the full o<span class=\"_ _9\"></span>utco<span class=\"_ _9\"></span>me of th<span class=\"_ _9\"></span>ese n<span class=\"_ _9\"></span>ew s<span class=\"_ _9\"></span>tandard<span class=\"_ _9\"></span>s, amend<span class=\"_ _9\"></span>ment<span class=\"_ _9\"></span>s and in<span class=\"_ _9\"></span>terpre<span class=\"_ _9\"></span>tati<span class=\"_ _9\"></span>ons, howeve<span class=\"_ _9\"></span>r with th<span class=\"_ _9\"></span>e excep<span class=\"_ _9\"></span>tion o<span class=\"_ _9\"></span>f IFRS 18 </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls26 ws1 gs15c\">thes<span class=\"_ _9\"></span>e othe<span class=\"_ _9\"></span>r new s<span class=\"_ _9\"></span>tand<span class=\"_ _9\"></span>ards, ame<span class=\"_ _9\"></span>ndme<span class=\"_ _9\"></span>nts a<span class=\"_ _9\"></span>nd interp<span class=\"_ _9\"></span>reta<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>s are no<span class=\"_ _9\"></span>t exp<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d to have a si<span class=\"_ _9\"></span>gnificant im<span class=\"_ _9\"></span>pac<span class=\"_ _a\"></span>t on the Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s finan<span class=\"_ _9\"></span>cial s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s. </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls1f ws28 gs15d\">The Group<span class=\"_ _2\"></span> intends<span class=\"_ _2\"></span> to adopt t<span class=\"_ _2\"></span>hese new standard<span class=\"_ _2\"></span>s, amend<span class=\"_ _2\"></span>ments and in<span class=\"_ _2\"></span>terpretations<span class=\"_ _11\"></span>, if applicable<span class=\"_ _11\"></span>, when they become effective<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></div><div class=\"t m0 h4a ff1 fs1 fc0 sc0 ls1 ws1 gs193\">A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs194\">Rental inco<span class=\"_ _9\"></span>me, inclu<span class=\"_ _9\"></span>ding fixe<span class=\"_ _9\"></span>d rental up<span class=\"_ _9\"></span>lif<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s, is rec<span class=\"_ _9\"></span>ogni<span class=\"_ _9\"></span>sed in th<span class=\"_ _9\"></span>e inco<span class=\"_ _9\"></span>me s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent o<span class=\"_ _9\"></span>n a s<span class=\"_ _9\"></span>traight-line b<span class=\"_ _9\"></span>asis over th<span class=\"_ _9\"></span>e term of th<span class=\"_ _9\"></span>e le<span class=\"_ _9\"></span>ase. Leas<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs195\">incen<span class=\"_ _9\"></span>tives b<span class=\"_ _9\"></span>ein<span class=\"_ _9\"></span>g offere<span class=\"_ _9\"></span>d to occu<span class=\"_ _9\"></span>pier<span class=\"_ _9\"></span>s to ente<span class=\"_ _9\"></span>r into a lea<span class=\"_ _9\"></span>se, such as a<span class=\"_ _9\"></span>n initial r<span class=\"_ _9\"></span>ent-free p<span class=\"_ _9\"></span>erio<span class=\"_ _9\"></span>d or a cas<span class=\"_ _9\"></span>h contr<span class=\"_ _9\"></span>ibuti<span class=\"_ _9\"></span>on to fit ou<span class=\"_ _9\"></span>t or simi<span class=\"_ _9\"></span>lar cos<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s,<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs196\">are an inte<span class=\"_ _9\"></span>gral par<span class=\"_ _a\"></span>t of the ne<span class=\"_ _9\"></span>t con<span class=\"_ _9\"></span>side<span class=\"_ _9\"></span>ratio<span class=\"_ _9\"></span>n for the u<span class=\"_ _9\"></span>se of th<span class=\"_ _9\"></span>e prop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y an<span class=\"_ _9\"></span>d are the<span class=\"_ _9\"></span>refo<span class=\"_ _9\"></span>re rec<span class=\"_ _9\"></span>ogni<span class=\"_ _9\"></span>sed o<span class=\"_ _9\"></span>n the sam<span class=\"_ _9\"></span>e s<span class=\"_ _9\"></span>traight-line b<span class=\"_ _9\"></span>asis. Whe<span class=\"_ _9\"></span>re<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs197\">the tot<span class=\"_ _2\"></span>al consider<span class=\"_ _2\"></span>ation due u<span class=\"_ _2\"></span>nder a lease is<span class=\"_ _11\"></span> m<span class=\"_ _9\"></span>odified<span class=\"_ _2\"></span>, for ex<span class=\"_ _11\"></span>ample, where a<span class=\"_ _2\"></span> concession is gra<span class=\"_ _11\"></span>nted to a tena<span class=\"_ _2\"></span>nt prior<span class=\"_ _2\"></span> to the<span class=\"_ _2\"></span> date the<span class=\"_ _2\"></span> conceded<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs198\">rent fall<span class=\"_ _9\"></span>s due, the rev<span class=\"_ _9\"></span>ise<span class=\"_ _9\"></span>d total am<span class=\"_ _9\"></span>ount du<span class=\"_ _9\"></span>e unde<span class=\"_ _9\"></span>r the le<span class=\"_ _9\"></span>ase is r<span class=\"_ _9\"></span>eco<span class=\"_ _9\"></span>gnis<span class=\"_ _9\"></span>ed on a s<span class=\"_ _9\"></span>trai<span class=\"_ _9\"></span>ght-line bas<span class=\"_ _9\"></span>is over the r<span class=\"_ _9\"></span>emaini<span class=\"_ _9\"></span>ng term o<span class=\"_ _9\"></span>f the le<span class=\"_ _9\"></span>ase.<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs199\">Contingent<span class=\"_ _2\"></span> rents, being<span class=\"_ _2\"></span> lease payments that are not<span class=\"_ _2\"></span> fixed at t<span class=\"_ _2\"></span>he inception<span class=\"_ _2\"></span> of a lease<span class=\"_ _11\"></span>, for example t<span class=\"_ _11\"></span>urnover rents as<span class=\"_ _2\"></span> well as<span class=\"_ _2\"></span> surrender<span class=\"_ _2\"></span> premiums<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs19a\">net o<span class=\"_ _9\"></span>f dilapi<span class=\"_ _9\"></span>dati<span class=\"_ _9\"></span>ons, are c<span class=\"_ _9\"></span>onsid<span class=\"_ _9\"></span>ere<span class=\"_ _9\"></span>d as variab<span class=\"_ _9\"></span>le co<span class=\"_ _9\"></span>nsid<span class=\"_ _9\"></span>erati<span class=\"_ _9\"></span>on and ar<span class=\"_ _9\"></span>e reco<span class=\"_ _9\"></span>rde<span class=\"_ _9\"></span>d as inc<span class=\"_ _9\"></span>ome in th<span class=\"_ _9\"></span>e year in w<span class=\"_ _9\"></span>hich th<span class=\"_ _9\"></span>ey are earn<span class=\"_ _9\"></span>ed. Whe<span class=\"_ _9\"></span>re a singl<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs19b\">payment is received from<span class=\"_ _11\"></span> a tenant to<span class=\"_ _2\"></span> cover both<span class=\"_ _2\"></span> rent and<span class=\"_ _2\"></span> serv<span class=\"_ _9\"></span>ice charge<span class=\"_ _11\"></span>, the serv<span class=\"_ _9\"></span>ice charge<span class=\"_ _2\"></span> component is separat<span class=\"_ _2\"></span>ed and reported as service<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs19c\">charge inc<span class=\"_ _2\"></span>ome.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs19d\">The Group<span class=\"_ _2\"></span>\u2019<span class=\"_ _11\"></span>s reven<span class=\"_ _11\"></span>ue from contracts with customers, as de<span class=\"_ _2\"></span>fined in I<span class=\"_ _11\"></span>FRS 15<span class=\"_ _2\"></span>, includes service charge i<span class=\"_ _2\"></span>ncome,<span class=\"_ _2\"></span> other propert<span class=\"_ _9\"></span>y related income<span class=\"_ _11\"></span>,<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs19e\">trading<span class=\"_ _11\"></span> proper<span class=\"_ _a\"></span>ty sales proceeds, de<span class=\"_ _11\"></span>velopment contract income and other<span class=\"_ _2\"></span> income<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs19f\">Ser<span class=\"_ _9\"></span>vice charge i<span class=\"_ _2\"></span>ncome and management<span class=\"_ _11\"></span> fe<span class=\"_ _9\"></span>es are recorded<span class=\"_ _2\"></span> as income o<span class=\"_ _2\"></span>ver ti<span class=\"_ _11\"></span>m<span class=\"_ _9\"></span>e in t<span class=\"_ _2\"></span>he year i<span class=\"_ _11\"></span>n which the services are rendered<span class=\"_ _2\"></span>. Re<span class=\"_ _2\"></span>venue is<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs1a0\">recognised over<span class=\"_ _11\"></span> time because the tena<span class=\"_ _2\"></span>nts benefit from<span class=\"_ _2\"></span> the services as soon as the<span class=\"_ _2\"></span>y are r<span class=\"_ _2\"></span>endered by t<span class=\"_ _2\"></span>he Group<span class=\"_ _11\"></span>. The actual service provided<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs1a1\">during e<span class=\"_ _9\"></span>ach r<span class=\"_ _9\"></span>epo<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>ting p<span class=\"_ _9\"></span>erio<span class=\"_ _9\"></span>d is d<span class=\"_ _9\"></span>eterm<span class=\"_ _9\"></span>ine<span class=\"_ _9\"></span>d using c<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>t incurr<span class=\"_ _9\"></span>ed as th<span class=\"_ _9\"></span>e inpu<span class=\"_ _9\"></span>t me<span class=\"_ _9\"></span>thod.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs1a2\">Other proper<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y related inc<span class=\"_ _2\"></span>ome includes de<span class=\"_ _2\"></span>velopment and<span class=\"_ _2\"></span> asset management fees<span class=\"_ _2\"></span>. These fees are<span class=\"_ _11\"></span> re<span class=\"_ _9\"></span>cognised ov<span class=\"_ _2\"></span>er time<span class=\"_ _11\"></span>, using time<span class=\"_ _2\"></span> elapsed<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs1a3\">as the inp<span class=\"_ _9\"></span>ut me<span class=\"_ _9\"></span>tho<span class=\"_ _9\"></span>d whi<span class=\"_ _9\"></span>ch me<span class=\"_ _9\"></span>asure<span class=\"_ _9\"></span>s the b<span class=\"_ _9\"></span>enefi<span class=\"_ _9\"></span>t simultan<span class=\"_ _9\"></span>eo<span class=\"_ _9\"></span>usly r<span class=\"_ _9\"></span>ece<span class=\"_ _9\"></span>ived an<span class=\"_ _9\"></span>d con<span class=\"_ _9\"></span>sume<span class=\"_ _9\"></span>d by the cus<span class=\"_ _9\"></span>tom<span class=\"_ _9\"></span>er<span class=\"_ _11\"></span>, over th<span class=\"_ _9\"></span>e per<span class=\"_ _9\"></span>iod th<span class=\"_ _9\"></span>e devel<span class=\"_ _9\"></span>opm<span class=\"_ _9\"></span>ent<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs1a4\">or asset management services are provided<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></div>Proce<span class=\"_ _9\"></span>ed<span class=\"_ _9\"></span>s rec<span class=\"_ _9\"></span>eive<span class=\"_ _9\"></span>d on the s<span class=\"_ _9\"></span>ale of tra<span class=\"_ _9\"></span>ding pro<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s are re<span class=\"_ _9\"></span>cogni<span class=\"_ _9\"></span>sed w<span class=\"_ _9\"></span>he<span class=\"_ _9\"></span>n contro<span class=\"_ _9\"></span>l of the p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y tran<span class=\"_ _9\"></span>sfe<span class=\"_ _9\"></span>rs to th<span class=\"_ _9\"></span>e buye<span class=\"_ _9\"></span>r<span class=\"_ _11\"></span>, i.<span class=\"_ _11\"></span>e. the buye<span class=\"_ _9\"></span>r has th<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span>abilit<span class=\"_ _9\"></span>y to dir<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>t th<span class=\"_ _9\"></span>e use of t<span class=\"_ _9\"></span>he pro<span class=\"_ _9\"></span>per<span class=\"_ _a\"></span>ty an<span class=\"_ _9\"></span>d the righ<span class=\"_ _9\"></span>t to the cas<span class=\"_ _9\"></span>h inflows and o<span class=\"_ _9\"></span>ut<span class=\"_ _9\"></span>flows ge<span class=\"_ _9\"></span>nera<span class=\"_ _9\"></span>ted by i<span class=\"_ _9\"></span>t. This gene<span class=\"_ _9\"></span>rally o<span class=\"_ _9\"></span>ccur<span class=\"_ _9\"></span>s on unc<span class=\"_ _9\"></span>ondi<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>al<span class=\"_ _335\"> </span>exchange<span class=\"_ _11\"></span> or on completion.<span class=\"_ _2\"></span> If completion<span class=\"_ _11\"></span> is expec<span class=\"_ _9\"></span>ted to occur si<span class=\"_ _2\"></span>gnifi<span class=\"_ _2\"></span>cantly after ex<span class=\"_ _11\"></span>change or if the Grou<span class=\"_ _11\"></span>p has signific<span class=\"_ _2\"></span>ant outstanding<span class=\"_ _335\"> </span>obligations between exchange<span class=\"_ _2\"></span> and completion<span class=\"_ _11\"></span>, the Group assesses whether there<span class=\"_ _2\"></span> are mu<span class=\"_ _2\"></span>ltiple performance obligations<span class=\"_ _2\"></span> in the<span class=\"_ _2\"></span> contract<span class=\"_ _335\"> </span>and recognises r<span class=\"_ _2\"></span>evenue<span class=\"_ _2\"></span> as each performance obligation<span class=\"_ _2\"></span> is satisfied<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>When propert<span class=\"_ _9\"></span>y is let under a<span class=\"_ _2\"></span> finance lease<span class=\"_ _11\"></span>, the Group recogni<span class=\"_ _2\"></span>ses a receivable<span class=\"_ _2\"></span> equal to<span class=\"_ _2\"></span> the net in<span class=\"_ _11\"></span>ves<span class=\"_ _9\"></span>tment in<span class=\"_ _2\"></span> the lease at i<span class=\"_ _2\"></span>nception of t<span class=\"_ _2\"></span>he lease<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>Rent<span class=\"_ _2\"></span>als received a<span class=\"_ _2\"></span>re account<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>d for as<span class=\"_ _2\"></span> repayments of principal<span class=\"_ _2\"></span> and fina<span class=\"_ _2\"></span>nce income as<span class=\"_ _11\"></span> appropriate.<span class=\"_ _11\"></span> Finance income is al<span class=\"_ _11\"></span>lo<span class=\"_ _9\"></span>cated to each<span class=\"_ _2\"></span> period<span class=\"_ _335\"> </span>during th<span class=\"_ _9\"></span>e lea<span class=\"_ _9\"></span>se term s<span class=\"_ _9\"></span>o as to pro<span class=\"_ _9\"></span>duc<span class=\"_ _9\"></span>e a cons<span class=\"_ _9\"></span>tant p<span class=\"_ _9\"></span>eri<span class=\"_ _9\"></span>odic ra<span class=\"_ _9\"></span>te of inte<span class=\"_ _9\"></span>res<span class=\"_ _9\"></span>t on th<span class=\"_ _9\"></span>e rem<span class=\"_ _9\"></span>aining ne<span class=\"_ _9\"></span>t inves<span class=\"_ _9\"></span>tme<span class=\"_ _9\"></span>nt in the fin<span class=\"_ _9\"></span>ance l<span class=\"_ _9\"></span>eas<span class=\"_ _9\"></span>e and is re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>gnise<span class=\"_ _9\"></span>d<span class=\"_ _335\"> </span>withi<span class=\"_ _9\"></span>n revenue.<span class=\"_ _335\"> </span>Revenue on d<span class=\"_ _9\"></span>evelop<span class=\"_ _9\"></span>men<span class=\"_ _9\"></span>t contra<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ts i<span class=\"_ _9\"></span>s rec<span class=\"_ _9\"></span>ogni<span class=\"_ _9\"></span>sed ove<span class=\"_ _9\"></span>r time over th<span class=\"_ _9\"></span>e per<span class=\"_ _9\"></span>iod o<span class=\"_ _9\"></span>f the co<span class=\"_ _9\"></span>ntrac<span class=\"_ _9\"></span>t a<span class=\"_ _9\"></span>s the Gro<span class=\"_ _9\"></span>up cre<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>s or enh<span class=\"_ _9\"></span>ance<span class=\"_ _9\"></span>s an ass<span class=\"_ _9\"></span>et th<span class=\"_ _9\"></span>at the<span class=\"_ _335\"> </span>customer controls<span class=\"_ _11\"></span>. Progress to<span class=\"_ _2\"></span>wards<span class=\"_ _2\"></span> completion of t<span class=\"_ _2\"></span>he development<span class=\"_ _11\"></span>, by reference t<span class=\"_ _11\"></span>o the value<span class=\"_ _2\"></span> of work c<span class=\"_ _2\"></span>ompleted using t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>e costs incurred t<span class=\"_ _2\"></span>o<span class=\"_ _335\"> </span>date as a p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>on of to<span class=\"_ _9\"></span>tal cos<span class=\"_ _9\"></span>ts ex<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ted to b<span class=\"_ _9\"></span>e incur<span class=\"_ _9\"></span>red ove<span class=\"_ _9\"></span>r the term o<span class=\"_ _9\"></span>f the co<span class=\"_ _9\"></span>ntrac<span class=\"_ _9\"></span>t i<span class=\"_ _9\"></span>s use<span class=\"_ _9\"></span>d as the inp<span class=\"_ _9\"></span>ut m<span class=\"_ _9\"></span>etho<span class=\"_ _9\"></span>d.<span class=\"_ _335\"> </span>Other income includes t<span class=\"_ _2\"></span>urnov<span class=\"_ _2\"></span>er generated fr<span class=\"_ _2\"></span>om the pr<span class=\"_ _2\"></span>ovision of<span class=\"_ _2\"></span> equipment,<span class=\"_ _11\"></span> facilities and services to customers throug<span class=\"_ _11\"></span>h the Group\u2019<span class=\"_ _1\"></span>s s<span class=\"_ _9\"></span>tudio<span class=\"_ _335\"> </span>and hotel operat<span class=\"_ _2\"></span>ions.<span class=\"_ _11\"></span> Revenue is<span class=\"_ _2\"></span> recognised ov<span class=\"_ _2\"></span>er time<span class=\"_ _2\"></span> as customers obtain<span class=\"_ _11\"></span> control of the pr<span class=\"_ _2\"></span>omised goods or services, typically upon delivery<span class=\"_ _335\"> </span>or as services are rendered<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span><div class=\"t m0 h4a ff1 fs1 fc0 sc0 ls1 ws1 gs1cd\">A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs1ce\">The car<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>yin<span class=\"_ _9\"></span>g amoun<span class=\"_ _9\"></span>ts of th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s non-finan<span class=\"_ _9\"></span>cial as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ts, oth<span class=\"_ _9\"></span>er than i<span class=\"_ _9\"></span>nves<span class=\"_ _9\"></span>tment p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s, are rev<span class=\"_ _9\"></span>iewed a<span class=\"_ _9\"></span>t ea<span class=\"_ _9\"></span>ch rep<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>ng da<span class=\"_ _9\"></span>te to dete<span class=\"_ _9\"></span>rmine<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs1cf\">whe<span class=\"_ _9\"></span>the<span class=\"_ _9\"></span>r there i<span class=\"_ _9\"></span>s any indica<span class=\"_ _9\"></span>tion of im<span class=\"_ _9\"></span>pairm<span class=\"_ _9\"></span>ent. If any such indi<span class=\"_ _9\"></span>cati<span class=\"_ _9\"></span>on exis<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s, the as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>t\u2019s recoverab<span class=\"_ _9\"></span>le amo<span class=\"_ _9\"></span>unt is e<span class=\"_ _9\"></span>stim<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>d. An impairm<span class=\"_ _9\"></span>ent l<span class=\"_ _9\"></span>oss<span class=\"_ _9\"></span> <span class=\"ls1\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs1d0\">is rec<span class=\"_ _9\"></span>ogni<span class=\"_ _9\"></span>sed in th<span class=\"_ _9\"></span>e inco<span class=\"_ _9\"></span>me s<span class=\"_ _9\"></span>tate<span class=\"_ _9\"></span>ment w<span class=\"_ _9\"></span>he<span class=\"_ _9\"></span>never th<span class=\"_ _9\"></span>e carr<span class=\"_ _9\"></span>y<span class=\"_ _9\"></span>ing amo<span class=\"_ _9\"></span>unt of an a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>t exce<span class=\"_ _9\"></span>eds i<span class=\"_ _9\"></span>ts re<span class=\"_ _9\"></span>cover<span class=\"_ _9\"></span>able am<span class=\"_ _9\"></span>ount. The re<span class=\"_ _9\"></span>covera<span class=\"_ _9\"></span>ble am<span class=\"_ _9\"></span>ount of<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs1d1\">an ass<span class=\"_ _9\"></span>et is th<span class=\"_ _9\"></span>e grea<span class=\"_ _9\"></span>ter of i<span class=\"_ _9\"></span>ts f<span class=\"_ _9\"></span>air value le<span class=\"_ _9\"></span>ss c<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>ts to se<span class=\"_ _9\"></span>ll and i<span class=\"_ _9\"></span>ts valu<span class=\"_ _9\"></span>e in use. The value in u<span class=\"_ _9\"></span>se is de<span class=\"_ _9\"></span>term<span class=\"_ _9\"></span>ine<span class=\"_ _9\"></span>d as the ne<span class=\"_ _9\"></span>t pre<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>nt value of th<span class=\"_ _9\"></span>e futu<span class=\"_ _9\"></span>re<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs1d2\">cash flow<span class=\"_ _9\"></span>s exp<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d to be d<span class=\"_ _9\"></span>erive<span class=\"_ _9\"></span>d from th<span class=\"_ _9\"></span>e ass<span class=\"_ _9\"></span>et, dis<span class=\"_ _9\"></span>counte<span class=\"_ _9\"></span>d usin<span class=\"_ _9\"></span>g a pre-ta<span class=\"_ _9\"></span>x disco<span class=\"_ _9\"></span>unt rate th<span class=\"_ _9\"></span>at refl<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s curre<span class=\"_ _9\"></span>nt mar<span class=\"_ _9\"></span>ket ass<span class=\"_ _9\"></span>ess<span class=\"_ _9\"></span>ment<span class=\"_ _9\"></span>s of th<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs1d3\">time value o<span class=\"_ _9\"></span>f mon<span class=\"_ _9\"></span>ey and the r<span class=\"_ _9\"></span>isk<span class=\"_ _9\"></span>s spe<span class=\"_ _9\"></span>cific to the a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>t. An impair<span class=\"_ _9\"></span>ment l<span class=\"_ _9\"></span>oss i<span class=\"_ _9\"></span>s rever<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>d if ther<span class=\"_ _9\"></span>e has b<span class=\"_ _9\"></span>een a c<span class=\"_ _9\"></span>hang<span class=\"_ _9\"></span>e in the es<span class=\"_ _9\"></span>tim<span class=\"_ _9\"></span>ates u<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>d to<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs1d4\">dete<span class=\"_ _9\"></span>rmine th<span class=\"_ _9\"></span>e rec<span class=\"_ _9\"></span>overabl<span class=\"_ _9\"></span>e amo<span class=\"_ _9\"></span>unt. An impair<span class=\"_ _9\"></span>ment l<span class=\"_ _9\"></span>oss i<span class=\"_ _9\"></span>s rever<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>d only to th<span class=\"_ _9\"></span>e ex<span class=\"_ _9\"></span>tent th<span class=\"_ _9\"></span>at th<span class=\"_ _9\"></span>e asse<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>\u2019<span class=\"_ _11\"></span>s c<span class=\"_ _9\"></span>arr<span class=\"_ _9\"></span>yi<span class=\"_ _9\"></span>ng amo<span class=\"_ _9\"></span>unt af<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>r the rever<span class=\"_ _9\"></span>sal d<span class=\"_ _9\"></span>oe<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs1d5\">not exceed the<span class=\"_ _2\"></span> amount t<span class=\"_ _2\"></span>hat would<span class=\"_ _2\"></span> have been determined<span class=\"_ _11\"></span>, net of applicable depreciat<span class=\"_ _2\"></span>ion, i<span class=\"_ _2\"></span>f no impai<span class=\"_ _11\"></span>rment loss had been recognised.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs1d6\">Rents paya<span class=\"_ _2\"></span>ble reflect amounts due u<span class=\"_ _2\"></span>nder head leases.<span class=\"_ _11\"></span> Wh<span class=\"_ _9\"></span>ere rents paya<span class=\"_ _2\"></span>ble are v<span class=\"_ _11\"></span>ariable, and<span class=\"_ _11\"></span> do not depend on an index<span class=\"_ _2\"></span> or rate<span class=\"_ _11\"></span>, the payments<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs1d7\">are rec<span class=\"_ _9\"></span>ogni<span class=\"_ _9\"></span>sed in th<span class=\"_ _9\"></span>e inco<span class=\"_ _9\"></span>me s<span class=\"_ _9\"></span>tate<span class=\"_ _9\"></span>ment a<span class=\"_ _9\"></span>s incurr<span class=\"_ _9\"></span>ed. Wher<span class=\"_ _9\"></span>e thes<span class=\"_ _9\"></span>e rent<span class=\"_ _9\"></span>s are fixe<span class=\"_ _9\"></span>d, or in-subs<span class=\"_ _9\"></span>tance fixe<span class=\"_ _9\"></span>d, at the in<span class=\"_ _9\"></span>cep<span class=\"_ _9\"></span>tion of th<span class=\"_ _9\"></span>e agre<span class=\"_ _9\"></span>em<span class=\"_ _9\"></span>ent, <span class=\"ls1\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs1d8\">or be<span class=\"_ _9\"></span>com<span class=\"_ _9\"></span>e fixed o<span class=\"_ _9\"></span>r in-subs<span class=\"_ _9\"></span>tance fixe<span class=\"_ _9\"></span>d at s<span class=\"_ _9\"></span>ome p<span class=\"_ _9\"></span>oint over th<span class=\"_ _9\"></span>e life o<span class=\"_ _9\"></span>f the agre<span class=\"_ _9\"></span>em<span class=\"_ _9\"></span>ent, an as<span class=\"_ _9\"></span>set r<span class=\"_ _9\"></span>epre<span class=\"_ _9\"></span>sen<span class=\"_ _9\"></span>ting the r<span class=\"_ _9\"></span>ight to use th<span class=\"_ _9\"></span>e unde<span class=\"_ _9\"></span>rly<span class=\"_ _9\"></span>ing lan<span class=\"_ _9\"></span>d<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs1d9\">and a cor<span class=\"_ _9\"></span>resp<span class=\"_ _9\"></span>on<span class=\"_ _9\"></span>ding liab<span class=\"_ _9\"></span>ilit<span class=\"_ _9\"></span>y fo<span class=\"_ _9\"></span>r the pre<span class=\"_ _9\"></span>sen<span class=\"_ _9\"></span>t value of th<span class=\"_ _9\"></span>e minimum f<span class=\"_ _9\"></span>uture l<span class=\"_ _9\"></span>eas<span class=\"_ _9\"></span>e pa<span class=\"_ _9\"></span>yme<span class=\"_ _9\"></span>nts ar<span class=\"_ _9\"></span>e reco<span class=\"_ _9\"></span>gnis<span class=\"_ _9\"></span>ed on th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s bal<span class=\"_ _9\"></span>ance s<span class=\"_ _9\"></span>hee<span class=\"_ _9\"></span>t wi<span class=\"_ _9\"></span>thin<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs1da\">Inv<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>stment proper<span class=\"_ _9\"></span>ties and borr<span class=\"_ _2\"></span>owings respectively<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls26 ws1 gs1db\">All cos<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s are cl<span class=\"_ _9\"></span>assifi<span class=\"_ _9\"></span>ed wi<span class=\"_ _9\"></span>thin the \u2018EPR<span class=\"_ _9\"></span>A e<span class=\"_ _9\"></span>arning<span class=\"_ _9\"></span>s\u2019 column o<span class=\"_ _9\"></span>f the inc<span class=\"_ _9\"></span>ome s<span class=\"_ _9\"></span>ta<span class=\"_ _9\"></span>teme<span class=\"_ _9\"></span>nt, with th<span class=\"_ _9\"></span>e excep<span class=\"_ _9\"></span>tion o<span class=\"_ _9\"></span>f the cos<span class=\"_ _9\"></span>t o<span class=\"_ _9\"></span>f sale of tr<span class=\"_ _9\"></span>ading p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s,<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls1f ws28 gs1dc\">costs arising on de<span class=\"_ _11\"></span>velopment contracts or transactions, amortisation and<span class=\"_ _11\"></span> impairments of inta<span class=\"_ _2\"></span>ngible assets, a<span class=\"_ _2\"></span>nd other attributa<span class=\"_ _2\"></span>ble costs, arisi<span class=\"_ _2\"></span>ng<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls26 ws1 gs1dd\">on bus<span class=\"_ _9\"></span>ines<span class=\"_ _9\"></span>s com<span class=\"_ _9\"></span>bina<span class=\"_ _9\"></span>tions an<span class=\"_ _9\"></span>d the no<span class=\"_ _9\"></span>n-own<span class=\"_ _9\"></span>ed e<span class=\"_ _9\"></span>lem<span class=\"_ _9\"></span>ent of th<span class=\"_ _9\"></span>e Grou<span class=\"_ _9\"></span>p\u2019<span class=\"_ _11\"></span>s subsi<span class=\"_ _9\"></span>diarie<span class=\"_ _9\"></span>s whi<span class=\"_ _9\"></span>ch are pr<span class=\"_ _9\"></span>ese<span class=\"_ _9\"></span>nted in th<span class=\"_ _9\"></span>e \u2018Capital a<span class=\"_ _9\"></span>nd oth<span class=\"_ _9\"></span>er ite<span class=\"_ _9\"></span>ms\u2019 colum<span class=\"_ _9\"></span>n.<span class=\"_ _335\"> </span></div>A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Interi<span class=\"_ _2\"></span>m dividend di<span class=\"_ _2\"></span>stributions to<span class=\"_ _11\"></span> shareholders are recognised in<span class=\"_ _2\"></span> the fina<span class=\"_ _2\"></span>ncial statements when paid<span class=\"_ _11\"></span>. Final d<span class=\"_ _2\"></span>ividend distributions<span class=\"_ _2\"></span> are recognised<span class=\"_ _335\"> </span>as a liabil<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>y in the p<span class=\"_ _9\"></span>eri<span class=\"_ _9\"></span>od in w<span class=\"_ _9\"></span>hich they ar<span class=\"_ _9\"></span>e approve<span class=\"_ _9\"></span>d by shar<span class=\"_ _9\"></span>ehol<span class=\"_ _9\"></span>der<span class=\"_ _9\"></span>s.<span class=\"_ _335\"> </span>All sign<span class=\"_ _11\"></span>ificant cash payments for t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>e P<span class=\"_ _11\"></span>arent Company<span class=\"_ _1\"></span>, including d<span class=\"_ _11\"></span>i<span class=\"_ _9\"></span>vidend payments, are<span class=\"_ _2\"></span> made by t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>e Group<span class=\"_ _2\"></span>\u2019<span class=\"_ _11\"></span>s treasury function in accorda<span class=\"_ _2\"></span>nce<span class=\"_ _335\"> </span>with the Grou<span class=\"_ _2\"></span>p\u2019<span class=\"_ _1\"></span>s financial ris<span class=\"_ _2\"></span>k management policy<span class=\"_ _1\"></span>.<span class=\"_ _335\"> </span>A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Incom<span class=\"_ _9\"></span>e tax on th<span class=\"_ _9\"></span>e profit o<span class=\"_ _9\"></span>r los<span class=\"_ _9\"></span>s for th<span class=\"_ _9\"></span>e year co<span class=\"_ _9\"></span>mpri<span class=\"_ _9\"></span>ses cu<span class=\"_ _9\"></span>rrent an<span class=\"_ _9\"></span>d def<span class=\"_ _9\"></span>erre<span class=\"_ _9\"></span>d tax. Current ta<span class=\"_ _9\"></span>x is the ta<span class=\"_ _9\"></span>x payab<span class=\"_ _9\"></span>le on th<span class=\"_ _9\"></span>e taxabl<span class=\"_ _9\"></span>e incom<span class=\"_ _9\"></span>e for th<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span>year and any adju<span class=\"_ _9\"></span>stm<span class=\"_ _9\"></span>ent in re<span class=\"_ _9\"></span>sp<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>t o<span class=\"_ _9\"></span>f previ<span class=\"_ _9\"></span>ous ye<span class=\"_ _9\"></span>ars. Def<span class=\"_ _9\"></span>erre<span class=\"_ _9\"></span>d tax is p<span class=\"_ _9\"></span>rovid<span class=\"_ _9\"></span>ed in fu<span class=\"_ _9\"></span>ll using th<span class=\"_ _9\"></span>e bal<span class=\"_ _9\"></span>ance sh<span class=\"_ _9\"></span>ee<span class=\"_ _9\"></span>t liabil<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>y me<span class=\"_ _9\"></span>tho<span class=\"_ _9\"></span>d on temp<span class=\"_ _9\"></span>orar<span class=\"_ _a\"></span>y<span class=\"_ _335\"> </span>differences<span class=\"_ _2\"></span> bet<span class=\"_ _9\"></span>ween the car<span class=\"_ _2\"></span>r<span class=\"_ _9\"></span>ying amounts<span class=\"_ _2\"></span> of assets and lia<span class=\"_ _2\"></span>bilities f<span class=\"_ _2\"></span>or financi<span class=\"_ _2\"></span>al reporting purposes and<span class=\"_ _2\"></span> the amounts u<span class=\"_ _2\"></span>sed for tax<span class=\"_ _11\"></span>a<span class=\"_ _9\"></span>tion pur<span class=\"_ _2\"></span>poses.<span class=\"_ _335\"> </span>Def<span class=\"_ _9\"></span>erre<span class=\"_ _9\"></span>d tax is de<span class=\"_ _9\"></span>term<span class=\"_ _9\"></span>ine<span class=\"_ _9\"></span>d using tax r<span class=\"_ _9\"></span>ates th<span class=\"_ _9\"></span>at ha<span class=\"_ _9\"></span>ve be<span class=\"_ _9\"></span>en en<span class=\"_ _9\"></span>ac<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d or subs<span class=\"_ _9\"></span>tanti<span class=\"_ _9\"></span>vely e<span class=\"_ _9\"></span>nac<span class=\"_ _a\"></span>ted by the rep<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>tin<span class=\"_ _9\"></span>g date a<span class=\"_ _9\"></span>nd are ex<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ted to app<span class=\"_ _9\"></span>ly<span class=\"_ _335\"> </span>whe<span class=\"_ _9\"></span>n the as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>t is real<span class=\"_ _9\"></span>ise<span class=\"_ _9\"></span>d, or the liabi<span class=\"_ _9\"></span>lit<span class=\"_ _9\"></span>y is s<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>tle<span class=\"_ _9\"></span>d.<span class=\"_ _335\"> </span>No provision<span class=\"_ _11\"></span> is made for temporary differences<span class=\"_ _2\"></span> (i) a<span class=\"_ _2\"></span>rising on<span class=\"_ _2\"></span> the in<span class=\"_ _2\"></span>itial recognit<span class=\"_ _2\"></span>ion of assets or l<span class=\"_ _2\"></span>iabiliti<span class=\"_ _2\"></span>es, other t<span class=\"_ _11\"></span>han on a business combinat<span class=\"_ _2\"></span>ion,<span class=\"_ _335\"> </span>that affe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t ne<span class=\"_ _9\"></span>ithe<span class=\"_ _9\"></span>r acco<span class=\"_ _9\"></span>unting n<span class=\"_ _9\"></span>or taxabl<span class=\"_ _9\"></span>e profi<span class=\"_ _9\"></span>t and (ii) re<span class=\"_ _9\"></span>latin<span class=\"_ _9\"></span>g to inves<span class=\"_ _9\"></span>tment<span class=\"_ _9\"></span>s in subs<span class=\"_ _9\"></span>idiari<span class=\"_ _9\"></span>es to the ex<span class=\"_ _a\"></span>tent that th<span class=\"_ _9\"></span>ey will n<span class=\"_ _9\"></span>ot rever<span class=\"_ _9\"></span>se in th<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span>foreseeable future<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>INVE<span class=\"_ _9\"></span>STM<span class=\"_ _9\"></span>ENT PROPERTIE<span class=\"_ _9\"></span>S<span class=\"_ _335\"> </span>Inves<span class=\"_ _9\"></span>tment p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s are pr<span class=\"_ _9\"></span>ope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s, eith<span class=\"_ _9\"></span>er own<span class=\"_ _9\"></span>ed or l<span class=\"_ _9\"></span>eas<span class=\"_ _9\"></span>ed by the G<span class=\"_ _9\"></span>roup, that ar<span class=\"_ _9\"></span>e hel<span class=\"_ _9\"></span>d eith<span class=\"_ _9\"></span>er to earn r<span class=\"_ _9\"></span>ental inc<span class=\"_ _9\"></span>ome o<span class=\"_ _9\"></span>r for cap<span class=\"_ _9\"></span>ital app<span class=\"_ _9\"></span>rec<span class=\"_ _9\"></span>iati<span class=\"_ _9\"></span>on,<span class=\"_ _335\"> </span>or bo<span class=\"_ _9\"></span>th. Investm<span class=\"_ _9\"></span>ent pr<span class=\"_ _9\"></span>ope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s are me<span class=\"_ _9\"></span>asure<span class=\"_ _9\"></span>d initi<span class=\"_ _9\"></span>ally a<span class=\"_ _9\"></span>t cos<span class=\"_ _9\"></span>t incl<span class=\"_ _9\"></span>uding r<span class=\"_ _9\"></span>ela<span class=\"_ _9\"></span>ted trans<span class=\"_ _9\"></span>ac<span class=\"_ _9\"></span>tio<span class=\"_ _9\"></span>n cos<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s, and subs<span class=\"_ _9\"></span>equ<span class=\"_ _9\"></span>ently a<span class=\"_ _9\"></span>t fair valu<span class=\"_ _9\"></span>e. F<span class=\"_ _11\"></span>air val<span class=\"_ _9\"></span>ue is<span class=\"_ _335\"> </span>based on mark<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>t val<span class=\"_ _2\"></span>ue,<span class=\"_ _2\"></span> as determined b<span class=\"_ _11\"></span>y a professional external v<span class=\"_ _2\"></span>aluer at each<span class=\"_ _2\"></span> repor<span class=\"_ _9\"></span>ting date<span class=\"_ _11\"></span>. The di<span class=\"_ _2\"></span>fference between the fair<span class=\"_ _11\"></span> value of an<span class=\"_ _335\"> </span>inv<span class=\"_ _2\"></span>estment proper<span class=\"_ _9\"></span>ty at the repor<span class=\"_ _9\"></span>ting dat<span class=\"_ _2\"></span>e and its ca<span class=\"_ _2\"></span>rry<span class=\"_ _9\"></span>ing amoun<span class=\"_ _2\"></span>t prior t<span class=\"_ _2\"></span>o remeasurement<span class=\"_ _2\"></span> is included i<span class=\"_ _11\"></span>n the income statement as<span class=\"_ _2\"></span> a val<span class=\"_ _2\"></span>uation<span class=\"_ _335\"> </span>surplus<span class=\"_ _2\"></span> or deficit<span class=\"_ _11\"></span>. Investment pr<span class=\"_ _2\"></span>oper<span class=\"_ _9\"></span>ties are present<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>d on the<span class=\"_ _2\"></span> balance sheet within<span class=\"_ _11\"></span> non-current assets.<span class=\"_ _335\"> </span>Some of the Gr<span class=\"_ _2\"></span>oup\u2019<span class=\"_ _1\"></span>s investment properties are owned t<span class=\"_ _2\"></span>hrough long<span class=\"_ _11\"></span>-leasehold arrangements,<span class=\"_ _2\"></span> as opposed to t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>e Group o<span class=\"_ _11\"></span>w<span class=\"_ _9\"></span>ning the<span class=\"_ _11\"></span> freehold.<span class=\"_ _335\"> </span>Wher<span class=\"_ _9\"></span>e the Gr<span class=\"_ _9\"></span>oup is a le<span class=\"_ _9\"></span>ss<span class=\"_ _9\"></span>ee, a right-of-us<span class=\"_ _9\"></span>e ass<span class=\"_ _9\"></span>et is r<span class=\"_ _9\"></span>eco<span class=\"_ _9\"></span>gnise<span class=\"_ _9\"></span>d at th<span class=\"_ _9\"></span>e comm<span class=\"_ _9\"></span>enc<span class=\"_ _9\"></span>eme<span class=\"_ _9\"></span>nt da<span class=\"_ _9\"></span>te of the l<span class=\"_ _9\"></span>eas<span class=\"_ _9\"></span>e and acc<span class=\"_ _9\"></span>ounte<span class=\"_ _9\"></span>d for as inve<span class=\"_ _9\"></span>stm<span class=\"_ _9\"></span>ent<span class=\"_ _335\"> </span>prop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>. Ini<span class=\"_ _9\"></span>tially<span class=\"_ _2\"></span>, the cos<span class=\"_ _9\"></span>t o<span class=\"_ _9\"></span>f inves<span class=\"_ _9\"></span>tment p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>es he<span class=\"_ _9\"></span>ld und<span class=\"_ _9\"></span>er le<span class=\"_ _9\"></span>ase<span class=\"_ _9\"></span>s inclu<span class=\"_ _9\"></span>des th<span class=\"_ _9\"></span>e amou<span class=\"_ _9\"></span>nt of le<span class=\"_ _9\"></span>ase li<span class=\"_ _9\"></span>abiliti<span class=\"_ _9\"></span>es re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>gnise<span class=\"_ _9\"></span>d, initial dire<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t co<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>ts<span class=\"_ _335\"> </span>incurred<span class=\"_ _11\"></span>, and lease payments made at or before t<span class=\"_ _2\"></span>he commencement date<span class=\"_ _2\"></span> less an<span class=\"_ _2\"></span>y lease incent<span class=\"_ _2\"></span>ives received<span class=\"_ _11\"></span>. The inv<span class=\"_ _2\"></span>estment proper<span class=\"_ _9\"></span>ties held<span class=\"_ _335\"> </span>under leases are<span class=\"_ _2\"></span> subsequently<span class=\"_ _2\"></span> carried at t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>eir fai<span class=\"_ _11\"></span>r value<span class=\"_ _2\"></span>. A corr<span class=\"_ _2\"></span>esponding liab<span class=\"_ _2\"></span>ility is recorded within<span class=\"_ _11\"></span> b<span class=\"_ _9\"></span>orrowings<span class=\"_ _11\"></span>. Each lease payment is al<span class=\"_ _11\"></span>lo<span class=\"_ _9\"></span>cated<span class=\"_ _335\"> </span>be<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>ween r<span class=\"_ _9\"></span>epa<span class=\"_ _9\"></span>ym<span class=\"_ _9\"></span>ent of th<span class=\"_ _9\"></span>e liabili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y and a finan<span class=\"_ _9\"></span>ce ch<span class=\"_ _9\"></span>arge to ac<span class=\"_ _9\"></span>hieve a con<span class=\"_ _9\"></span>stan<span class=\"_ _9\"></span>t intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t rate on th<span class=\"_ _9\"></span>e out<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>tandin<span class=\"_ _9\"></span>g liabili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>TR<span class=\"_ _9\"></span>A<span class=\"_ _9\"></span>DING PROPE<span class=\"_ _9\"></span>RTIES<span class=\"_ _335\"> </span>T<span class=\"_ _11\"></span>rading pr<span class=\"_ _2\"></span>oper<span class=\"_ _9\"></span>ties are t<span class=\"_ _11\"></span>hose proper<span class=\"_ _9\"></span>ties held for sale<span class=\"_ _11\"></span>, or those being de<span class=\"_ _11\"></span>velope<span class=\"_ _9\"></span>d with a vie<span class=\"_ _11\"></span>w to sell<span class=\"_ _11\"></span>. T<span class=\"_ _11\"></span>rading properties are recorded at t<span class=\"_ _2\"></span>he lower<span class=\"_ _335\"> </span>of cost and net real<span class=\"_ _2\"></span>isable va<span class=\"_ _2\"></span>lue<span class=\"_ _11\"></span>. The net realisable v<span class=\"_ _2\"></span>alue of a<span class=\"_ _11\"></span> trading propert<span class=\"_ _9\"></span>y is determined b<span class=\"_ _11\"></span>y a professional external v<span class=\"_ _2\"></span>aluer at each r<span class=\"_ _2\"></span>epor<span class=\"_ _9\"></span>ting<span class=\"_ _335\"> </span>date. If the ne<span class=\"_ _9\"></span>t reali<span class=\"_ _9\"></span>sabl<span class=\"_ _9\"></span>e value of a tr<span class=\"_ _9\"></span>ading p<span class=\"_ _9\"></span>rope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y is l<span class=\"_ _9\"></span>ower than i<span class=\"_ _9\"></span>ts c<span class=\"_ _9\"></span>arr<span class=\"_ _9\"></span>yi<span class=\"_ _9\"></span>ng value, an imp<span class=\"_ _9\"></span>airme<span class=\"_ _9\"></span>nt los<span class=\"_ _9\"></span>s is re<span class=\"_ _9\"></span>cord<span class=\"_ _9\"></span>ed in th<span class=\"_ _9\"></span>e inco<span class=\"_ _9\"></span>me s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent.<span class=\"_ _335\"> </span>If<span class=\"_ _11\"></span>, in subse<span class=\"_ _9\"></span>que<span class=\"_ _9\"></span>nt pe<span class=\"_ _9\"></span>rio<span class=\"_ _9\"></span>ds, the ne<span class=\"_ _9\"></span>t re<span class=\"_ _9\"></span>alisab<span class=\"_ _9\"></span>le value o<span class=\"_ _9\"></span>f a tradin<span class=\"_ _9\"></span>g prop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y th<span class=\"_ _9\"></span>at was p<span class=\"_ _9\"></span>revio<span class=\"_ _9\"></span>usl<span class=\"_ _9\"></span>y impair<span class=\"_ _9\"></span>ed in<span class=\"_ _9\"></span>crea<span class=\"_ _9\"></span>ses ab<span class=\"_ _9\"></span>ove it<span class=\"_ _9\"></span>s carr<span class=\"_ _a\"></span>ying value, the<span class=\"_ _335\"> </span>impair<span class=\"_ _9\"></span>ment i<span class=\"_ _9\"></span>s rever<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>d to align the c<span class=\"_ _9\"></span>arr<span class=\"_ _9\"></span>yin<span class=\"_ _9\"></span>g value of t<span class=\"_ _9\"></span>he pro<span class=\"_ _9\"></span>per<span class=\"_ _a\"></span>ty w<span class=\"_ _9\"></span>ith the n<span class=\"_ _9\"></span>et r<span class=\"_ _9\"></span>ealis<span class=\"_ _9\"></span>able val<span class=\"_ _9\"></span>ue. T<span class=\"_ _11\"></span>rading p<span class=\"_ _9\"></span>rope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s are pr<span class=\"_ _9\"></span>ese<span class=\"_ _9\"></span>nted on th<span class=\"_ _9\"></span>e bal<span class=\"_ _9\"></span>ance<span class=\"_ _335\"> </span>she<span class=\"_ _9\"></span>et w<span class=\"_ _9\"></span>ithin cur<span class=\"_ _9\"></span>rent as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ts.<span class=\"_ _335\"> </span>AC<span class=\"_ _2\"></span>QUISITION<span class=\"_ _11\"></span> OF PROPER<span class=\"_ _11\"></span>TIES<span class=\"_ _335\"> </span>Prope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s are tre<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>d as acqu<span class=\"_ _9\"></span>ired w<span class=\"_ _9\"></span>hen th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up assum<span class=\"_ _9\"></span>es c<span class=\"_ _9\"></span>ontrol o<span class=\"_ _9\"></span>f the pr<span class=\"_ _9\"></span>ope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>CAPIT<span class=\"_ _1\"></span>AL E<span class=\"_ _9\"></span>XPENDITURE AND<span class=\"_ _2\"></span> CAPIT<span class=\"_ _1\"></span>ALISA<span class=\"_ _11\"></span>TION OF<span class=\"_ _2\"></span> BORRO<span class=\"_ _2\"></span>WING CO<span class=\"_ _2\"></span>STS<span class=\"_ _335\"> </span>Capital<span class=\"_ _2\"></span> expenditure on<span class=\"_ _11\"></span> proper<span class=\"_ _a\"></span>ties<span class=\"_ _2\"></span> consists of costs of a capita<span class=\"_ _2\"></span>l nature<span class=\"_ _11\"></span>, including co<span class=\"_ _2\"></span>sts associated with developments and<span class=\"_ _2\"></span> refurbishments<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>Where<span class=\"_ gsd2\"> </span>a pr<span class=\"_ _2\"></span>oper<span class=\"_ _9\"></span>ty is being developed or u<span class=\"_ _2\"></span>ndergoing ma<span class=\"_ _11\"></span>jor refurbishment,<span class=\"_ _11\"></span> interest cos<span class=\"_ _9\"></span>ts associated with dir<span class=\"_ _2\"></span>ec<span class=\"_ _9\"></span>t expenditure<span class=\"_ _2\"></span> on the pr<span class=\"_ _2\"></span>oper<span class=\"_ _9\"></span>ty are<span class=\"_ _335\"> </span>capital<span class=\"_ _2\"></span>ised.<span class=\"_ _2\"></span> Where borrowings<span class=\"_ _11\"></span> are specifically used t<span class=\"_ _11\"></span>o finance an<span class=\"_ _11\"></span>y capital expenditu<span class=\"_ _2\"></span>re on t<span class=\"_ _2\"></span>he properties, the actual borrowi<span class=\"_ _2\"></span>ng costs incurred<span class=\"_ _335\"> </span>are<span class=\"_ gsd2\"> </span>capi<span class=\"_ _9\"></span>talise<span class=\"_ _9\"></span>d. However<span class=\"_ _11\"></span>, wh<span class=\"_ _9\"></span>ere b<span class=\"_ _9\"></span>orrow<span class=\"_ _9\"></span>ings ar<span class=\"_ _9\"></span>e use<span class=\"_ _9\"></span>d gen<span class=\"_ _9\"></span>erally to fin<span class=\"_ _9\"></span>ance th<span class=\"_ _9\"></span>e ope<span class=\"_ _9\"></span>ratio<span class=\"_ _9\"></span>ns of th<span class=\"_ _9\"></span>e Grou<span class=\"_ _9\"></span>p, the interes<span class=\"_ _9\"></span>t cap<span class=\"_ _9\"></span>italis<span class=\"_ _9\"></span>ed is c<span class=\"_ _9\"></span>alcul<span class=\"_ _9\"></span>ated<span class=\"_ _335\"> </span>using t<span class=\"_ _2\"></span>he Group<span class=\"_ _2\"></span>\u2019<span class=\"_ _11\"></span>s weight<span class=\"_ _2\"></span>ed average cost of borr<span class=\"_ _2\"></span>owings<span class=\"_ _11\"></span>. Interest is capital<span class=\"_ _11\"></span>ise<span class=\"_ _9\"></span>d from t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>e commencement of t<span class=\"_ _11\"></span>he development work u<span class=\"_ _11\"></span>ntil the<span class=\"_ _335\"> </span>date of pr<span class=\"_ _2\"></span>actical completion<span class=\"_ _2\"></span>. Certain int<span class=\"_ _2\"></span>ernal staff<span class=\"_ _2\"></span> and associated costs directly attributable t<span class=\"_ _2\"></span>o the managemen<span class=\"_ _2\"></span>t of maj<span class=\"_ _2\"></span>or schemes are<span class=\"_ _335\"> </span>also cap<span class=\"_ _9\"></span>italis<span class=\"_ _9\"></span>ed. The total s<span class=\"_ _9\"></span>taff an<span class=\"_ _9\"></span>d ass<span class=\"_ _9\"></span>ocia<span class=\"_ _9\"></span>ted c<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>ts are c<span class=\"_ _9\"></span>apitali<span class=\"_ _9\"></span>sed b<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>ed on th<span class=\"_ _9\"></span>e prop<span class=\"_ _9\"></span>or<span class=\"_ _a\"></span>tion of time s<span class=\"_ _9\"></span>pent o<span class=\"_ _9\"></span>n the re<span class=\"_ _9\"></span>levant sc<span class=\"_ _9\"></span>hem<span class=\"_ _9\"></span>e. Internal s<span class=\"_ _9\"></span>taff<span class=\"_ _335\"> </span>cos<span class=\"_ _9\"></span>ts a<span class=\"_ _9\"></span>re capi<span class=\"_ _9\"></span>talise<span class=\"_ _9\"></span>d from th<span class=\"_ _9\"></span>e date th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up dete<span class=\"_ _9\"></span>rmine<span class=\"_ _9\"></span>s it is p<span class=\"_ _9\"></span>rob<span class=\"_ _9\"></span>able th<span class=\"_ _9\"></span>at th<span class=\"_ _9\"></span>e develo<span class=\"_ _9\"></span>pme<span class=\"_ _9\"></span>nt will p<span class=\"_ _9\"></span>rogr<span class=\"_ _9\"></span>ess u<span class=\"_ _9\"></span>ntil the da<span class=\"_ _9\"></span>te of pr<span class=\"_ _9\"></span>ac<span class=\"_ _9\"></span>tica<span class=\"_ _9\"></span>l comp<span class=\"_ _9\"></span>let<span class=\"_ _9\"></span>ion.<span class=\"_ _335\"> </span>TR<span class=\"_ _9\"></span>A<span class=\"_ _9\"></span>NSFER<span class=\"_ _9\"></span>S BET<span class=\"_ _9\"></span>WE<span class=\"_ _9\"></span>EN IN<span class=\"_ _9\"></span>VES<span class=\"_ _9\"></span>TME<span class=\"_ _9\"></span>NT PROPERTIES A<span class=\"_ _9\"></span>ND TR<span class=\"_ _9\"></span>A<span class=\"_ _9\"></span>DIN<span class=\"_ _9\"></span>G PROPERTIES<span class=\"_ _335\"> </span>When th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up be<span class=\"_ _9\"></span>gins to re<span class=\"_ _9\"></span>devel<span class=\"_ _9\"></span>op an exi<span class=\"_ _9\"></span>st<span class=\"_ _9\"></span>ing inves<span class=\"_ _9\"></span>tme<span class=\"_ _9\"></span>nt pro<span class=\"_ _9\"></span>per<span class=\"_ _a\"></span>ty fo<span class=\"_ _9\"></span>r continu<span class=\"_ _9\"></span>ed f<span class=\"_ _9\"></span>uture us<span class=\"_ _9\"></span>e as an inves<span class=\"_ _9\"></span>tm<span class=\"_ _9\"></span>ent pro<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>, the p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> continu<span class=\"_ _9\"></span>es to b<span class=\"_ _9\"></span>e hel<span class=\"_ _9\"></span>d as an inves<span class=\"_ _9\"></span>tme<span class=\"_ _9\"></span>nt prop<span class=\"_ _9\"></span>er<span class=\"_ _a\"></span>ty<span class=\"_ _11\"></span>. Wh<span class=\"_ _9\"></span>en the G<span class=\"_ _9\"></span>roup b<span class=\"_ _9\"></span>egin<span class=\"_ _9\"></span>s to redeve<span class=\"_ _9\"></span>lop an ex<span class=\"_ _9\"></span>is<span class=\"_ _9\"></span>ting inves<span class=\"_ _9\"></span>tm<span class=\"_ _9\"></span>ent pr<span class=\"_ _9\"></span>ope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y wi<span class=\"_ _9\"></span>th a vi<span class=\"_ _9\"></span>ew to sell, the<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> prop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y i<span class=\"_ _9\"></span>s trans<span class=\"_ _9\"></span>ferr<span class=\"_ _9\"></span>ed to trad<span class=\"_ _9\"></span>ing pro<span class=\"_ _9\"></span>per<span class=\"_ _a\"></span>ties and h<span class=\"_ _9\"></span>eld as a c<span class=\"_ _9\"></span>urren<span class=\"_ _9\"></span>t asse<span class=\"_ _9\"></span>t. The pro<span class=\"_ _9\"></span>per<span class=\"_ _a\"></span>ty i<span class=\"_ _9\"></span>s reme<span class=\"_ _9\"></span>asure<span class=\"_ _9\"></span>d to fair valu<span class=\"_ _9\"></span>e as at th<span class=\"_ _9\"></span>e date o<span class=\"_ _9\"></span>f the trans<span class=\"_ _9\"></span>fe<span class=\"_ _9\"></span>r<span class=\"_ _335\"> </span> with any gai<span class=\"_ _9\"></span>n or los<span class=\"_ _9\"></span>s be<span class=\"_ _9\"></span>ing taken to the inc<span class=\"_ _9\"></span>ome s<span class=\"_ _9\"></span>ta<span class=\"_ _9\"></span>temen<span class=\"_ _9\"></span>t. The reme<span class=\"_ _9\"></span>asur<span class=\"_ _9\"></span>ed amo<span class=\"_ _9\"></span>unt be<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>mes th<span class=\"_ _9\"></span>e de<span class=\"_ _9\"></span>eme<span class=\"_ _9\"></span>d cos<span class=\"_ _9\"></span>t at w<span class=\"_ _9\"></span>hich th<span class=\"_ _9\"></span>e pro<span class=\"_ _9\"></span>per<span class=\"_ _a\"></span>ty is th<span class=\"_ _9\"></span>en<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> carried in<span class=\"_ _11\"></span> trading properties.<span class=\"_ _335\"> </span>DISP<span class=\"_ _9\"></span>OSAL OF PROPERTIE<span class=\"_ _9\"></span>S<span class=\"_ _335\"> </span>Prope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s are tre<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>d as disp<span class=\"_ _9\"></span>ose<span class=\"_ _9\"></span>d wh<span class=\"_ _9\"></span>en con<span class=\"_ _9\"></span>trol of th<span class=\"_ _9\"></span>e prop<span class=\"_ _9\"></span>er<span class=\"_ _a\"></span>ty is tra<span class=\"_ _9\"></span>nsf<span class=\"_ _9\"></span>erre<span class=\"_ _9\"></span>d to the bu<span class=\"_ _9\"></span>yer<span class=\"_ _11\"></span>. T<span class=\"_ _11\"></span>yp<span class=\"_ _9\"></span>icall<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>, this wi<span class=\"_ _9\"></span>ll eith<span class=\"_ _9\"></span>er oc<span class=\"_ _9\"></span>cur on un<span class=\"_ _9\"></span>condi<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>al<span class=\"_ _335\"> </span> exchange<span class=\"_ _11\"></span> or on completion.<span class=\"_ _2\"></span> Where completion is<span class=\"_ _11\"></span> exp<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>ted to<span class=\"_ _2\"></span> occur sign<span class=\"_ _2\"></span>ifican<span class=\"_ _2\"></span>tly after excha<span class=\"_ _2\"></span>nge,<span class=\"_ _2\"></span> or where the<span class=\"_ _2\"></span> Group cont<span class=\"_ _2\"></span>inues to<span class=\"_ _11\"></span> ha<span class=\"_ _9\"></span>ve<span class=\"_ _335\"> </span> signi<span class=\"_ _2\"></span>ficant outstanding<span class=\"_ _11\"></span> obligations after exchange<span class=\"_ _11\"></span>, the control wil<span class=\"_ _11\"></span>l not usually tra<span class=\"_ _2\"></span>nsfer to t<span class=\"_ _2\"></span>he buyer u<span class=\"_ _2\"></span>ntil com<span class=\"_ _2\"></span>pletion.<span class=\"_ _335\"> </span> The pro<span class=\"_ _9\"></span>fit on dis<span class=\"_ _9\"></span>pos<span class=\"_ _9\"></span>al is de<span class=\"_ _9\"></span>termin<span class=\"_ _9\"></span>ed a<span class=\"_ _9\"></span>s the differe<span class=\"_ _9\"></span>nce b<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>we<span class=\"_ _9\"></span>en th<span class=\"_ _9\"></span>e sale<span class=\"_ _9\"></span>s pro<span class=\"_ _9\"></span>cee<span class=\"_ _9\"></span>ds and th<span class=\"_ _9\"></span>e carr<span class=\"_ _a\"></span>ying amo<span class=\"_ _9\"></span>unt of the a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>t at th<span class=\"_ _9\"></span>e be<span class=\"_ _9\"></span>ginning o<span class=\"_ _9\"></span>f the<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> accounting<span class=\"_ _11\"></span> p<span class=\"_ _9\"></span>eriod plus ca<span class=\"_ _2\"></span>pital e<span class=\"_ _2\"></span>xpenditure t<span class=\"_ _2\"></span>o the dat<span class=\"_ _2\"></span>e of dis<span class=\"_ _2\"></span>posal<span class=\"_ _2\"></span>. The pro<span class=\"_ _2\"></span>fit on dis<span class=\"_ _2\"></span>posal of in<span class=\"_ _11\"></span>ves<span class=\"_ _9\"></span>tment properties is presented separ<span class=\"_ _2\"></span>ately on<span class=\"_ _335\"> </span> the fac<span class=\"_ _9\"></span>e of the in<span class=\"_ _9\"></span>com<span class=\"_ _9\"></span>e sta<span class=\"_ _9\"></span>teme<span class=\"_ _9\"></span>nt. Proce<span class=\"_ _9\"></span>eds r<span class=\"_ _9\"></span>ece<span class=\"_ _9\"></span>ived o<span class=\"_ _9\"></span>n the sal<span class=\"_ _9\"></span>e of tradi<span class=\"_ _9\"></span>ng pro<span class=\"_ _9\"></span>per<span class=\"_ _a\"></span>ties are re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>gnise<span class=\"_ _9\"></span>d wi<span class=\"_ _9\"></span>thin Revenue, and the c<span class=\"_ _9\"></span>arr<span class=\"_ _9\"></span>y<span class=\"_ _9\"></span>ing value<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> at the d<span class=\"_ _9\"></span>ate of di<span class=\"_ _9\"></span>spo<span class=\"_ _9\"></span>sal is re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>gnise<span class=\"_ _9\"></span>d wi<span class=\"_ _9\"></span>thin Cos<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s.<span class=\"_ _335\"> </span>A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Joint ar<span class=\"_ _9\"></span>range<span class=\"_ _9\"></span>ment<span class=\"_ _9\"></span>s are th<span class=\"_ _9\"></span>ose en<span class=\"_ _9\"></span>titie<span class=\"_ _9\"></span>s over wh<span class=\"_ _9\"></span>ose a<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tiv<span class=\"_ _9\"></span>itie<span class=\"_ _9\"></span>s the Gro<span class=\"_ _9\"></span>up has j<span class=\"_ _9\"></span>oint co<span class=\"_ _9\"></span>ntrol, es<span class=\"_ _9\"></span>tabli<span class=\"_ _9\"></span>she<span class=\"_ _9\"></span>d by contra<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tual a<span class=\"_ _9\"></span>gree<span class=\"_ _9\"></span>men<span class=\"_ _9\"></span>t. Interes<span class=\"_ _9\"></span>ts in j<span class=\"_ _9\"></span>oint<span class=\"_ _335\"> </span>arrang<span class=\"_ _9\"></span>eme<span class=\"_ _9\"></span>nts ar<span class=\"_ _9\"></span>e acco<span class=\"_ _9\"></span>unted fo<span class=\"_ _9\"></span>r as ei<span class=\"_ _9\"></span>ther a j<span class=\"_ _9\"></span>oint ventu<span class=\"_ _9\"></span>re or a jo<span class=\"_ _9\"></span>int op<span class=\"_ _9\"></span>erati<span class=\"_ _9\"></span>on. The trea<span class=\"_ _9\"></span>tme<span class=\"_ _9\"></span>nt as ei<span class=\"_ _9\"></span>ther a j<span class=\"_ _9\"></span>oint ventu<span class=\"_ _9\"></span>re or a joi<span class=\"_ _9\"></span>nt ope<span class=\"_ _9\"></span>rati<span class=\"_ _9\"></span>on will<span class=\"_ _335\"> </span>dep<span class=\"_ _9\"></span>end o<span class=\"_ _9\"></span>n whe<span class=\"_ _9\"></span>the<span class=\"_ _9\"></span>r the Gro<span class=\"_ _9\"></span>up has ri<span class=\"_ _9\"></span>ghts to th<span class=\"_ _9\"></span>e ne<span class=\"_ _9\"></span>t ass<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s, or a dire<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t in the as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ts an<span class=\"_ _9\"></span>d liabili<span class=\"_ _9\"></span>ties o<span class=\"_ _9\"></span>f the arran<span class=\"_ _9\"></span>gem<span class=\"_ _9\"></span>ent.<span class=\"_ _335\"> </span>A joint arr<span class=\"_ _9\"></span>ange<span class=\"_ _9\"></span>ment i<span class=\"_ _9\"></span>s acco<span class=\"_ _9\"></span>unted f<span class=\"_ _9\"></span>or as a jo<span class=\"_ _9\"></span>int ventur<span class=\"_ _9\"></span>e whe<span class=\"_ _9\"></span>n the Gro<span class=\"_ _9\"></span>up, along w<span class=\"_ _9\"></span>ith the o<span class=\"_ _9\"></span>ther p<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>es tha<span class=\"_ _9\"></span>t have j<span class=\"_ _9\"></span>oint co<span class=\"_ _9\"></span>ntrol o<span class=\"_ _9\"></span>f the arran<span class=\"_ _9\"></span>gem<span class=\"_ _9\"></span>ent,<span class=\"_ _335\"> </span>has rig<span class=\"_ _9\"></span>hts to th<span class=\"_ _9\"></span>e net a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>ts o<span class=\"_ _9\"></span>f the arra<span class=\"_ _9\"></span>ngem<span class=\"_ _9\"></span>ent. Intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>ts in jo<span class=\"_ _9\"></span>int ventur<span class=\"_ _9\"></span>es are a<span class=\"_ _9\"></span>ccoun<span class=\"_ _9\"></span>ted fo<span class=\"_ _9\"></span>r using th<span class=\"_ _9\"></span>e equi<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y me<span class=\"_ _9\"></span>tho<span class=\"_ _9\"></span>d of acc<span class=\"_ _9\"></span>ounting. The e<span class=\"_ _9\"></span>quit<span class=\"_ _9\"></span>y<span class=\"_ _335\"> </span>meth<span class=\"_ _9\"></span>od re<span class=\"_ _9\"></span>quire<span class=\"_ _9\"></span>s the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _11\"></span>s s<span class=\"_ _9\"></span>hare of th<span class=\"_ _9\"></span>e joint ve<span class=\"_ _9\"></span>nture\u2019<span class=\"_ _11\"></span>s p<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>t-tax profi<span class=\"_ _9\"></span>t or los<span class=\"_ _9\"></span>s for th<span class=\"_ _9\"></span>e year to b<span class=\"_ _9\"></span>e pres<span class=\"_ _9\"></span>ente<span class=\"_ _9\"></span>d sep<span class=\"_ _9\"></span>arate<span class=\"_ _9\"></span>ly in the i<span class=\"_ _9\"></span>ncom<span class=\"_ _9\"></span>e s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent<span class=\"_ _335\"> </span>and the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _11\"></span>s s<span class=\"_ _9\"></span>hare of th<span class=\"_ _9\"></span>e joint ve<span class=\"_ _9\"></span>nture\u2019<span class=\"_ _11\"></span>s n<span class=\"_ _9\"></span>et a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>ts to b<span class=\"_ _9\"></span>e pre<span class=\"_ _9\"></span>sen<span class=\"_ _9\"></span>ted se<span class=\"_ _9\"></span>para<span class=\"_ _9\"></span>tely in th<span class=\"_ _9\"></span>e bal<span class=\"_ _9\"></span>ance sh<span class=\"_ _9\"></span>ee<span class=\"_ _9\"></span>t.<span class=\"_ _335\"> </span>A joint arr<span class=\"_ _9\"></span>ange<span class=\"_ _9\"></span>ment i<span class=\"_ _9\"></span>s acco<span class=\"_ _9\"></span>unted f<span class=\"_ _9\"></span>or as a jo<span class=\"_ _9\"></span>int op<span class=\"_ _9\"></span>erati<span class=\"_ _9\"></span>on wh<span class=\"_ _9\"></span>en the G<span class=\"_ _9\"></span>roup, along w<span class=\"_ _9\"></span>ith th<span class=\"_ _9\"></span>e par<span class=\"_ _a\"></span>ties tha<span class=\"_ _9\"></span>t have jo<span class=\"_ _9\"></span>int con<span class=\"_ _9\"></span>trol of th<span class=\"_ _9\"></span>e arrang<span class=\"_ _9\"></span>eme<span class=\"_ _9\"></span>nt,<span class=\"_ _335\"> </span>has rig<span class=\"_ _9\"></span>hts to th<span class=\"_ _9\"></span>e ass<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s and ob<span class=\"_ _9\"></span>liga<span class=\"_ _9\"></span>tions f<span class=\"_ _9\"></span>or the li<span class=\"_ _9\"></span>abiliti<span class=\"_ _9\"></span>es re<span class=\"_ _9\"></span>latin<span class=\"_ _9\"></span>g to the arran<span class=\"_ _9\"></span>gem<span class=\"_ _9\"></span>ent. The Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s sh<span class=\"_ _9\"></span>are of jo<span class=\"_ _9\"></span>intly co<span class=\"_ _9\"></span>ntroll<span class=\"_ _9\"></span>ed as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ts, re<span class=\"_ _9\"></span>late<span class=\"_ _9\"></span>d<span class=\"_ _335\"> </span>liabili<span class=\"_ _9\"></span>ties, in<span class=\"_ _9\"></span>come a<span class=\"_ _9\"></span>nd exp<span class=\"_ _9\"></span>ens<span class=\"_ _9\"></span>es are c<span class=\"_ _9\"></span>ombin<span class=\"_ _9\"></span>ed w<span class=\"_ _9\"></span>ith the e<span class=\"_ _9\"></span>qui<span class=\"_ _9\"></span>valent i<span class=\"_ _9\"></span>tems in th<span class=\"_ _9\"></span>e financ<span class=\"_ _9\"></span>ial s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s on a line<span class=\"_ _9\"></span>-by-line basis.<span class=\"_ _335\"> </span>A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Wher<span class=\"_ _9\"></span>e the Gr<span class=\"_ _9\"></span>oup\u2019<span class=\"_ _11\"></span>s le<span class=\"_ _9\"></span>ase<span class=\"_ _9\"></span>s trans<span class=\"_ _9\"></span>fe<span class=\"_ _9\"></span>r the signific<span class=\"_ _9\"></span>ant ris<span class=\"_ _9\"></span>ks and r<span class=\"_ _9\"></span>ewards inc<span class=\"_ _9\"></span>iden<span class=\"_ _9\"></span>tal to owne<span class=\"_ _9\"></span>rship o<span class=\"_ _9\"></span>f the und<span class=\"_ _9\"></span>erl<span class=\"_ _9\"></span>ying a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>t to the ten<span class=\"_ _9\"></span>ant, the le<span class=\"_ _9\"></span>ase i<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span>acco<span class=\"_ _9\"></span>unted fo<span class=\"_ _9\"></span>r as a finan<span class=\"_ _9\"></span>ce le<span class=\"_ _9\"></span>ase. At the out<span class=\"_ _9\"></span>set o<span class=\"_ _9\"></span>f the le<span class=\"_ _9\"></span>ase th<span class=\"_ _9\"></span>e fair valu<span class=\"_ _9\"></span>e of the as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>t is der<span class=\"_ _9\"></span>eco<span class=\"_ _9\"></span>gnis<span class=\"_ _9\"></span>ed fro<span class=\"_ _9\"></span>m inves<span class=\"_ _9\"></span>tmen<span class=\"_ _9\"></span>t prop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y an<span class=\"_ _9\"></span>d rec<span class=\"_ _9\"></span>ogni<span class=\"_ _9\"></span>sed<span class=\"_ _335\"> </span>as a fi<span class=\"_ _2\"></span>nance lease receiva<span class=\"_ _2\"></span>ble<span class=\"_ _2\"></span>. The fi<span class=\"_ _2\"></span>nance lease receiva<span class=\"_ _2\"></span>ble is derecognised<span class=\"_ _2\"></span> in the<span class=\"_ _2\"></span> event<span class=\"_ _2\"></span> that the lease<span class=\"_ _2\"></span> is termi<span class=\"_ _11\"></span>na<span class=\"_ _9\"></span>ted<span class=\"_ _2\"></span>. Lease income i<span class=\"_ _2\"></span>s recognised<span class=\"_ _335\"> </span>over the p<span class=\"_ _9\"></span>erio<span class=\"_ _9\"></span>d of the l<span class=\"_ _9\"></span>ea<span class=\"_ _9\"></span>se, reflec<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>ng a con<span class=\"_ _9\"></span>stan<span class=\"_ _9\"></span>t rate of r<span class=\"_ _9\"></span>eturn. The diffe<span class=\"_ _9\"></span>renc<span class=\"_ _9\"></span>e be<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>wee<span class=\"_ _9\"></span>n the gros<span class=\"_ _9\"></span>s re<span class=\"_ _9\"></span>ceiva<span class=\"_ _9\"></span>ble an<span class=\"_ _9\"></span>d the pre<span class=\"_ _9\"></span>sen<span class=\"_ _9\"></span>t value of th<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span>rec<span class=\"_ _9\"></span>eivab<span class=\"_ _9\"></span>le is re<span class=\"_ _9\"></span>cog<span class=\"_ _9\"></span>nise<span class=\"_ _9\"></span>d as financ<span class=\"_ _9\"></span>e inco<span class=\"_ _9\"></span>me wi<span class=\"_ _9\"></span>thin reven<span class=\"_ _9\"></span>ue over th<span class=\"_ _9\"></span>e lea<span class=\"_ _9\"></span>se term.<span class=\"_ _335\"> </span>A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Propert<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>, plant and<span class=\"_ _2\"></span> equipment compr<span class=\"_ _2\"></span>ise owner<span class=\"_ _11\"></span>-occupied proper<span class=\"_ _9\"></span>ty<span class=\"_ _11\"></span>, improvements,<span class=\"_ _11\"></span> furniture,<span class=\"_ _11\"></span> fix<span class=\"_ _9\"></span>tures and fittings in<span class=\"_ _11\"></span> the Group\u2019<span class=\"_ _11\"></span>s offic<span class=\"_ _2\"></span>es.<span class=\"_ _335\"> </span>Owner-occupied pr<span class=\"_ _2\"></span>oper<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y arises f<span class=\"_ _2\"></span>rom the<span class=\"_ _2\"></span> Group\u2019<span class=\"_ _1\"></span>s acquisition of<span class=\"_ _2\"></span> MediaCity in the prior<span class=\"_ _11\"></span> year<span class=\"_ _11\"></span>, namely the studio<span class=\"_ _11\"></span> op<span class=\"_ _9\"></span>erations that<span class=\"_ _2\"></span> are conducted<span class=\"_ _335\"> </span>from pr<span class=\"_ _9\"></span>emis<span class=\"_ _9\"></span>es prev<span class=\"_ _9\"></span>iou<span class=\"_ _9\"></span>sly h<span class=\"_ _9\"></span>eld as inve<span class=\"_ _9\"></span>stm<span class=\"_ _9\"></span>ent p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>. This p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y i<span class=\"_ _9\"></span>s carrie<span class=\"_ _9\"></span>d at fa<span class=\"_ _9\"></span>ir value and i<span class=\"_ _9\"></span>s value<span class=\"_ _9\"></span>d in the sam<span class=\"_ _9\"></span>e mann<span class=\"_ _9\"></span>er as th<span class=\"_ _9\"></span>e Grou<span class=\"_ _9\"></span>p\u2019<span class=\"_ _11\"></span>s<span class=\"_ _335\"> </span>inves<span class=\"_ _9\"></span>tment p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>es. Refer to no<span class=\"_ _9\"></span>te 13 for more inf<span class=\"_ _9\"></span>orma<span class=\"_ _9\"></span>tion. Any revalua<span class=\"_ _9\"></span>tion sur<span class=\"_ _9\"></span>plus ar<span class=\"_ _9\"></span>ising o<span class=\"_ _9\"></span>n revaluing th<span class=\"_ _9\"></span>e own<span class=\"_ _9\"></span>er-occup<span class=\"_ _9\"></span>ied p<span class=\"_ _9\"></span>rope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y is<span class=\"_ _335\"> </span>reco<span class=\"_ _9\"></span>gnis<span class=\"_ _9\"></span>ed in o<span class=\"_ _9\"></span>ther c<span class=\"_ _9\"></span>ompr<span class=\"_ _9\"></span>ehe<span class=\"_ _9\"></span>nsive in<span class=\"_ _9\"></span>com<span class=\"_ _9\"></span>e and ac<span class=\"_ _9\"></span>cumula<span class=\"_ _9\"></span>ted in e<span class=\"_ _9\"></span>quit<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>. A<span class=\"_ _9\"></span>ny residu<span class=\"_ _9\"></span>al revalua<span class=\"_ _9\"></span>tion d<span class=\"_ _9\"></span>eficit<span class=\"_ _9\"></span>s af<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>r rever<span class=\"_ _9\"></span>sing pr<span class=\"_ _9\"></span>evio<span class=\"_ _9\"></span>us revalua<span class=\"_ _9\"></span>tion<span class=\"_ _335\"> </span>gains re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>gnise<span class=\"_ _9\"></span>d in eq<span class=\"_ _9\"></span>uit<span class=\"_ _9\"></span>y are re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>rded a<span class=\"_ _9\"></span>s a Capi<span class=\"_ _9\"></span>tal and o<span class=\"_ _9\"></span>ther i<span class=\"_ _9\"></span>tem on th<span class=\"_ _9\"></span>e incom<span class=\"_ _9\"></span>e s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent.<span class=\"_ _335\"> </span>The remain<span class=\"_ _2\"></span>ing propert<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>, plant a<span class=\"_ _2\"></span>nd equipment<span class=\"_ _2\"></span> assets are stated at cost less accumu<span class=\"_ _2\"></span>lated depreciation a<span class=\"_ _2\"></span>nd are<span class=\"_ _2\"></span> depreciated to<span class=\"_ _2\"></span> their resid<span class=\"_ _2\"></span>ual<span class=\"_ _335\"> </span>value on a s<span class=\"_ _9\"></span>trai<span class=\"_ _9\"></span>ght-line bas<span class=\"_ _9\"></span>is over the<span class=\"_ _9\"></span>ir es<span class=\"_ _9\"></span>tima<span class=\"_ _9\"></span>ted u<span class=\"_ _9\"></span>seful l<span class=\"_ _9\"></span>ives o<span class=\"_ _9\"></span>f be<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>wee<span class=\"_ _9\"></span>n t<span class=\"_ _9\"></span>wo and five ye<span class=\"_ _9\"></span>ars.<div class=\"t m0 h4a ff1 fs1 fc0 sc0 ls1 ws1 gs310\">A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs311\">Inta<span class=\"_ _2\"></span>ngible assets comprise goodwill<span class=\"_ _2\"></span> and other i<span class=\"_ _2\"></span>ntangi<span class=\"_ _11\"></span>b<span class=\"_ _9\"></span>le assets arising<span class=\"_ _2\"></span> on business combi<span class=\"_ _2\"></span>nations and<span class=\"_ _2\"></span> soft<span class=\"_ _9\"></span>ware used int<span class=\"_ _11\"></span>ernally within the<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs312\">busin<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>s. Intangible as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ts ar<span class=\"_ _9\"></span>ising o<span class=\"_ _9\"></span>n busin<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>s comb<span class=\"_ _9\"></span>inati<span class=\"_ _9\"></span>ons are ini<span class=\"_ _9\"></span>tiall<span class=\"_ _9\"></span>y rec<span class=\"_ _9\"></span>ognis<span class=\"_ _9\"></span>ed a<span class=\"_ _9\"></span>t fair value. Go<span class=\"_ _9\"></span>od<span class=\"_ _9\"></span>will is n<span class=\"_ _9\"></span>ot am<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>tis<span class=\"_ _9\"></span>ed b<span class=\"_ _9\"></span>ut is te<span class=\"_ _9\"></span>ste<span class=\"_ _9\"></span>d at l<span class=\"_ _9\"></span>eas<span class=\"_ _9\"></span>t<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs313\">annual<span class=\"_ _2\"></span>ly for impai<span class=\"_ _11\"></span>rment. Other inta<span class=\"_ _2\"></span>ngible assets aris<span class=\"_ _2\"></span>ing on bus<span class=\"_ _2\"></span>iness combinations<span class=\"_ _2\"></span> are amortised to t<span class=\"_ _2\"></span>he income statement<span class=\"_ _2\"></span> over<span class=\"_ _2\"></span> their expected<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs314\">usef<span class=\"_ _9\"></span>ul live<span class=\"_ _9\"></span>s. Sof<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>ware as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ts ar<span class=\"_ _9\"></span>e sta<span class=\"_ _9\"></span>ted a<span class=\"_ _9\"></span>t cos<span class=\"_ _9\"></span>t le<span class=\"_ _9\"></span>ss ac<span class=\"_ _9\"></span>cumul<span class=\"_ _9\"></span>ated am<span class=\"_ _9\"></span>or<span class=\"_ _a\"></span>tisatio<span class=\"_ _9\"></span>n and are am<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>tis<span class=\"_ _9\"></span>ed o<span class=\"_ _9\"></span>n a str<span class=\"_ _9\"></span>aight-line ba<span class=\"_ _9\"></span>sis over th<span class=\"_ _9\"></span>eir es<span class=\"_ _9\"></span>tim<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>d<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs315\">usef<span class=\"_ _9\"></span>ul eco<span class=\"_ _9\"></span>nomi<span class=\"_ _9\"></span>c live<span class=\"_ _9\"></span>s, norm<span class=\"_ _9\"></span>ally thre<span class=\"_ _9\"></span>e to five yea<span class=\"_ _9\"></span>rs.<span class=\"_ _335\"> </span></div><div class=\"t m0 h4a ff1 fs1 fc0 sc0 ls1 ws1 gs31e\">A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs31f\">Bor<span class=\"_ _9\"></span>rowin<span class=\"_ _9\"></span>gs, oth<span class=\"_ _9\"></span>er than b<span class=\"_ _9\"></span>ank overdr<span class=\"_ _9\"></span>af<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s, are rec<span class=\"_ _9\"></span>ognis<span class=\"_ _9\"></span>ed ini<span class=\"_ _9\"></span>tially a<span class=\"_ _9\"></span>t fair valu<span class=\"_ _9\"></span>e les<span class=\"_ _9\"></span>s at<span class=\"_ _9\"></span>tri<span class=\"_ _9\"></span>butab<span class=\"_ _9\"></span>le trans<span class=\"_ _9\"></span>ac<span class=\"_ _9\"></span>tio<span class=\"_ _9\"></span>n cos<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s. Subsequ<span class=\"_ _9\"></span>ent to ini<span class=\"_ _9\"></span>tial<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs320\">reco<span class=\"_ _9\"></span>gni<span class=\"_ _9\"></span>tion, bo<span class=\"_ _9\"></span>rrowin<span class=\"_ _9\"></span>gs are s<span class=\"_ _9\"></span>tate<span class=\"_ _9\"></span>d at am<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>sed c<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>t wi<span class=\"_ _9\"></span>th any differen<span class=\"_ _9\"></span>ce be<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>wee<span class=\"_ _9\"></span>n the am<span class=\"_ _9\"></span>ount ini<span class=\"_ _9\"></span>tially r<span class=\"_ _9\"></span>eco<span class=\"_ _9\"></span>gnise<span class=\"_ _9\"></span>d and th<span class=\"_ _9\"></span>e red<span class=\"_ _9\"></span>emp<span class=\"_ _9\"></span>tion valu<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs321\">bein<span class=\"_ _9\"></span>g rec<span class=\"_ _9\"></span>ognis<span class=\"_ _9\"></span>ed in th<span class=\"_ _9\"></span>e inco<span class=\"_ _9\"></span>me s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent ove<span class=\"_ _9\"></span>r the pe<span class=\"_ _9\"></span>rio<span class=\"_ _9\"></span>d of the b<span class=\"_ _9\"></span>orrow<span class=\"_ _9\"></span>ings, us<span class=\"_ _9\"></span>ing the effe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>ve intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t meth<span class=\"_ _9\"></span>od.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs322\">When d<span class=\"_ _9\"></span>eb<span class=\"_ _9\"></span>t refinanc<span class=\"_ _9\"></span>ing exerc<span class=\"_ _9\"></span>ises a<span class=\"_ _9\"></span>re carri<span class=\"_ _9\"></span>ed ou<span class=\"_ _9\"></span>t, exis<span class=\"_ _9\"></span>tin<span class=\"_ _9\"></span>g liabili<span class=\"_ _9\"></span>ties w<span class=\"_ _9\"></span>ill be tr<span class=\"_ _9\"></span>ea<span class=\"_ _9\"></span>ted as b<span class=\"_ _9\"></span>eing ex<span class=\"_ _a\"></span>tinguish<span class=\"_ _9\"></span>ed wh<span class=\"_ _9\"></span>en the n<span class=\"_ _9\"></span>ew liab<span class=\"_ _9\"></span>ilit<span class=\"_ _9\"></span>y is sub<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>tantially<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs323\">differen<span class=\"_ _9\"></span>t from th<span class=\"_ _9\"></span>e exis<span class=\"_ _9\"></span>ting li<span class=\"_ _9\"></span>abili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>. In makin<span class=\"_ _9\"></span>g this as<span class=\"_ _9\"></span>ses<span class=\"_ _9\"></span>sme<span class=\"_ _9\"></span>nt, the Gro<span class=\"_ _9\"></span>up will c<span class=\"_ _9\"></span>onsi<span class=\"_ _9\"></span>der th<span class=\"_ _9\"></span>e transa<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tion a<span class=\"_ _9\"></span>s a who<span class=\"_ _9\"></span>le, taking into a<span class=\"_ _9\"></span>ccou<span class=\"_ _9\"></span>nt bo<span class=\"_ _9\"></span>th<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs324\">qualitat<span class=\"_ _2\"></span>ive and<span class=\"_ _2\"></span> quantit<span class=\"_ _2\"></span>ative char<span class=\"_ _2\"></span>acteris<span class=\"_ _9\"></span>tics.<span class=\"_ _335\"> </span></div>A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Monies held in<span class=\"_ _11\"></span> res<span class=\"_ _9\"></span>tricted accounts and deposits represent c<span class=\"_ _2\"></span>ash held b<span class=\"_ _2\"></span>y the Grou<span class=\"_ _2\"></span>p in acc<span class=\"_ _2\"></span>ounts with condit<span class=\"_ _2\"></span>ions that r<span class=\"_ _2\"></span>estric<span class=\"_ _9\"></span>t the access of<span class=\"_ _2\"></span> these<span class=\"_ _335\"> </span>moni<span class=\"_ _9\"></span>es by the G<span class=\"_ _9\"></span>roup and, as su<span class=\"_ _9\"></span>ch, do<span class=\"_ _9\"></span>es no<span class=\"_ _9\"></span>t me<span class=\"_ _9\"></span>et the d<span class=\"_ _9\"></span>efiniti<span class=\"_ _9\"></span>on of ca<span class=\"_ _9\"></span>sh and ca<span class=\"_ _9\"></span>sh equ<span class=\"_ _9\"></span>ivale<span class=\"_ _9\"></span>nts.<span class=\"_ _335\"> </span><div class=\"t m0 h4a ff1 fs1 fc0 sc0 ls1 ws1 gs342\">A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs343\">Cash an<span class=\"_ _9\"></span>d cash e<span class=\"_ _9\"></span>qui<span class=\"_ _9\"></span>valent<span class=\"_ _9\"></span>s com<span class=\"_ _9\"></span>pris<span class=\"_ _9\"></span>e cash b<span class=\"_ _9\"></span>alan<span class=\"_ _9\"></span>ces, de<span class=\"_ _9\"></span>pos<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>s held a<span class=\"_ _9\"></span>t call w<span class=\"_ _9\"></span>ith b<span class=\"_ _9\"></span>anks an<span class=\"_ _9\"></span>d oth<span class=\"_ _9\"></span>er sho<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>t-term highl<span class=\"_ _9\"></span>y liqui<span class=\"_ _9\"></span>d inves<span class=\"_ _9\"></span>tmen<span class=\"_ _9\"></span>ts w<span class=\"_ _9\"></span>ith<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs344\">origin<span class=\"_ _9\"></span>al mat<span class=\"_ _9\"></span>uritie<span class=\"_ _9\"></span>s of thre<span class=\"_ _9\"></span>e mo<span class=\"_ _9\"></span>nths or l<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>s. Monies th<span class=\"_ _9\"></span>at are r<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>tric<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d by use o<span class=\"_ _9\"></span>nly<span class=\"_ _11\"></span>, an<span class=\"_ _9\"></span>d not r<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>tric<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d by acc<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>s, are clas<span class=\"_ _9\"></span>sified a<span class=\"_ _9\"></span>s cash an<span class=\"_ _9\"></span>d cash<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs345\">equi<span class=\"_ _9\"></span>valent<span class=\"_ _9\"></span>s. Bank ove<span class=\"_ _9\"></span>rdraf<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s tha<span class=\"_ _9\"></span>t are rep<span class=\"_ _9\"></span>ayab<span class=\"_ _9\"></span>le on d<span class=\"_ _9\"></span>eman<span class=\"_ _9\"></span>d and for<span class=\"_ _9\"></span>m an integra<span class=\"_ _9\"></span>l par<span class=\"_ _9\"></span>t o<span class=\"_ _9\"></span>f the Gr<span class=\"_ _9\"></span>oup\u2019<span class=\"_ _11\"></span>s ca<span class=\"_ _9\"></span>sh man<span class=\"_ _9\"></span>agem<span class=\"_ _9\"></span>ent ar<span class=\"_ _9\"></span>e ded<span class=\"_ _9\"></span>uc<span class=\"_ _9\"></span>ted f<span class=\"_ _9\"></span>rom<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs346\">cash an<span class=\"_ _9\"></span>d cash e<span class=\"_ _9\"></span>quival<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s for th<span class=\"_ _9\"></span>e purp<span class=\"_ _9\"></span>ose of th<span class=\"_ _9\"></span>e s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent of c<span class=\"_ _9\"></span>ash flow<span class=\"_ _9\"></span>s.<span class=\"_ _335\"> </span></div><div class=\"t m0 h4a ff1 fs1 fc0 sc0 ls1 ws1 gs31e\">A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs31f\">The Gr<span class=\"_ _9\"></span>oup use<span class=\"_ _9\"></span>s inter<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>t rate an<span class=\"_ _9\"></span>d fore<span class=\"_ _9\"></span>ign excha<span class=\"_ _9\"></span>nge s<span class=\"_ _9\"></span>waps and f<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>ward<span class=\"_ _9\"></span>s to mana<span class=\"_ _9\"></span>ge it<span class=\"_ _9\"></span>s market r<span class=\"_ _9\"></span>isk. In acc<span class=\"_ _9\"></span>ordan<span class=\"_ _9\"></span>ce wi<span class=\"_ _9\"></span>th it<span class=\"_ _9\"></span>s trea<span class=\"_ _9\"></span>sur<span class=\"_ _9\"></span>y p<span class=\"_ _9\"></span>olic<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>,<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs320\">the Group<span class=\"_ _2\"></span> does not hold or issue<span class=\"_ _2\"></span> derivative<span class=\"_ _2\"></span> financia<span class=\"_ _2\"></span>l instruments for t<span class=\"_ _11\"></span>rading purposes.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs348\">All de<span class=\"_ _9\"></span>rivati<span class=\"_ _9\"></span>ve financ<span class=\"_ _9\"></span>ial ins<span class=\"_ _9\"></span>tru<span class=\"_ _9\"></span>ment<span class=\"_ _9\"></span>s are re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>gnise<span class=\"_ _9\"></span>d on the b<span class=\"_ _9\"></span>alan<span class=\"_ _9\"></span>ce sh<span class=\"_ _9\"></span>ee<span class=\"_ _9\"></span>t at fair valu<span class=\"_ _9\"></span>e. The fair value of i<span class=\"_ _9\"></span>ntere<span class=\"_ _9\"></span>st-rate an<span class=\"_ _9\"></span>d fore<span class=\"_ _9\"></span>ign exchan<span class=\"_ _9\"></span>ge<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs322\">swap<span class=\"_ _9\"></span>s is bas<span class=\"_ _9\"></span>ed o<span class=\"_ _9\"></span>n counte<span class=\"_ _9\"></span>rpar<span class=\"_ _a\"></span>ty o<span class=\"_ _9\"></span>r market qu<span class=\"_ _9\"></span>otes. Tho<span class=\"_ _9\"></span>se quo<span class=\"_ _9\"></span>tes ar<span class=\"_ _9\"></span>e tes<span class=\"_ _9\"></span>ted fo<span class=\"_ _9\"></span>r rea<span class=\"_ _9\"></span>son<span class=\"_ _9\"></span>able<span class=\"_ _9\"></span>nes<span class=\"_ _9\"></span>s by disc<span class=\"_ _9\"></span>ounting e<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>tima<span class=\"_ _9\"></span>ted fu<span class=\"_ _9\"></span>ture cas<span class=\"_ _9\"></span>h flows<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs323\">bas<span class=\"_ _9\"></span>ed on th<span class=\"_ _9\"></span>e terms a<span class=\"_ _9\"></span>nd ma<span class=\"_ _9\"></span>turit<span class=\"_ _9\"></span>y o<span class=\"_ _9\"></span>f eac<span class=\"_ _9\"></span>h contra<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t and us<span class=\"_ _9\"></span>ing mar<span class=\"_ _9\"></span>ket rate<span class=\"_ _9\"></span>s for simil<span class=\"_ _9\"></span>ar ins<span class=\"_ _9\"></span>trum<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s at th<span class=\"_ _9\"></span>e me<span class=\"_ _9\"></span>asurem<span class=\"_ _9\"></span>ent d<span class=\"_ _9\"></span>ate. The gain or l<span class=\"_ _9\"></span>oss<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs324\">on derivativ<span class=\"_ _2\"></span>e financ<span class=\"_ _2\"></span>ial instruments ar<span class=\"_ _2\"></span>e recognised immediat<span class=\"_ _2\"></span>ely in t<span class=\"_ _2\"></span>he income statement<span class=\"_ _11\"></span>, within net finance<span class=\"_ _2\"></span> expense<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></div>A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>T<span class=\"_ _11\"></span>rad<span class=\"_ _9\"></span>e and oth<span class=\"_ _9\"></span>er re<span class=\"_ _9\"></span>cei<span class=\"_ _9\"></span>vable<span class=\"_ _9\"></span>s are re<span class=\"_ _9\"></span>cog<span class=\"_ _9\"></span>nise<span class=\"_ _9\"></span>d initial<span class=\"_ _9\"></span>ly at fa<span class=\"_ _9\"></span>ir value, subse<span class=\"_ _9\"></span>que<span class=\"_ _9\"></span>ntly a<span class=\"_ _9\"></span>t amor<span class=\"_ _a\"></span>tised co<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t and, whe<span class=\"_ _9\"></span>re rel<span class=\"_ _9\"></span>evant, adjus<span class=\"_ _9\"></span>ted f<span class=\"_ _9\"></span>or the tim<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span>value of m<span class=\"_ _9\"></span>oney<span class=\"_ _11\"></span>. Th<span class=\"_ _9\"></span>e Group a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>ss<span class=\"_ _9\"></span>es on a fo<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>ward-lo<span class=\"_ _9\"></span>ok<span class=\"_ _9\"></span>ing ba<span class=\"_ _9\"></span>sis the ex<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ted c<span class=\"_ _9\"></span>redi<span class=\"_ _9\"></span>t los<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>s ass<span class=\"_ _9\"></span>ocia<span class=\"_ _9\"></span>ted w<span class=\"_ _9\"></span>ith i<span class=\"_ _9\"></span>ts tra<span class=\"_ _9\"></span>de rec<span class=\"_ _9\"></span>eivab<span class=\"_ _9\"></span>les. A prov<span class=\"_ _9\"></span>isio<span class=\"_ _9\"></span>n for<span class=\"_ _335\"> </span>impair<span class=\"_ _9\"></span>ment i<span class=\"_ _9\"></span>s mad<span class=\"_ _9\"></span>e for the l<span class=\"_ _9\"></span>ifeti<span class=\"_ _9\"></span>me exp<span class=\"_ _9\"></span>ec<span class=\"_ _a\"></span>ted cred<span class=\"_ _9\"></span>it los<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>s on initi<span class=\"_ _9\"></span>al rec<span class=\"_ _9\"></span>ogni<span class=\"_ _9\"></span>tion of t<span class=\"_ _9\"></span>he re<span class=\"_ _9\"></span>ceivab<span class=\"_ _9\"></span>le. If colle<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tion i<span class=\"_ _9\"></span>s exp<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d in mor<span class=\"_ _9\"></span>e than on<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span>year<span class=\"_ _1\"></span>, the balance is<span class=\"_ _11\"></span> pre<span class=\"_ _9\"></span>sented withi<span class=\"_ _2\"></span>n non-cur<span class=\"_ _2\"></span>rent assets.<span class=\"_ _335\"> </span>In dete<span class=\"_ _9\"></span>rmining th<span class=\"_ _9\"></span>e exp<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d cre<span class=\"_ _9\"></span>dit l<span class=\"_ _9\"></span>oss<span class=\"_ _9\"></span>es, the G<span class=\"_ _9\"></span>roup takes into ac<span class=\"_ _9\"></span>count a<span class=\"_ _9\"></span>ny recen<span class=\"_ _9\"></span>t pay<span class=\"_ _9\"></span>me<span class=\"_ _9\"></span>nt beh<span class=\"_ _9\"></span>av<span class=\"_ _9\"></span>iour<span class=\"_ _9\"></span>s and fu<span class=\"_ _9\"></span>ture exp<span class=\"_ _9\"></span>ec<span class=\"_ _a\"></span>tations o<span class=\"_ _9\"></span>f likely<span class=\"_ _335\"> </span>default e<span class=\"_ _2\"></span>vents (i<span class=\"_ _11\"></span>.e<span class=\"_ _11\"></span>. not making payment on t<span class=\"_ _2\"></span>he due date<span class=\"_ _1\"></span>) based on individual customer cr<span class=\"_ _2\"></span>edit ratings<span class=\"_ _11\"></span>, ac<span class=\"_ _9\"></span>tual or expected insolvency fili<span class=\"_ _2\"></span>ngs or compan<span class=\"_ _2\"></span>y volu<span class=\"_ _2\"></span>ntary arrangements a<span class=\"_ _2\"></span>nd mark<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>t expectations and trend<span class=\"_ _2\"></span>s in t<span class=\"_ _2\"></span>he wider macroeconomic en<span class=\"_ _11\"></span>vironment in which<span class=\"_ _2\"></span> our customers<span class=\"_ _335\"> </span>ope<span class=\"_ _9\"></span>rate. Where a c<span class=\"_ _9\"></span>onc<span class=\"_ _9\"></span>ess<span class=\"_ _9\"></span>ion is a<span class=\"_ _9\"></span>gree<span class=\"_ _9\"></span>d wi<span class=\"_ _9\"></span>th a cus<span class=\"_ _9\"></span>tom<span class=\"_ _9\"></span>er af<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>r the du<span class=\"_ _9\"></span>e date fo<span class=\"_ _9\"></span>r the re<span class=\"_ _9\"></span>nt, this amo<span class=\"_ _9\"></span>unt is re<span class=\"_ _9\"></span>cog<span class=\"_ _9\"></span>nise<span class=\"_ _9\"></span>d as an imp<span class=\"_ _9\"></span>airme<span class=\"_ _9\"></span>nt of th<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span>related trade<span class=\"_ _2\"></span> receivable<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>T<span class=\"_ _11\"></span>rade and ot<span class=\"_ _2\"></span>her receivables a<span class=\"_ _2\"></span>re written off once a<span class=\"_ _2\"></span>ll aven<span class=\"_ _2\"></span>ues to reco<span class=\"_ _2\"></span>ver the<span class=\"_ _2\"></span> balances are<span class=\"_ _2\"></span> exhausted and t<span class=\"_ _2\"></span>he lease has ended<span class=\"_ _11\"></span>. Receivables written<span class=\"_ _335\"> </span>off are<span class=\"_ _2\"></span> no longer su<span class=\"_ _2\"></span>bject to an<span class=\"_ _11\"></span>y enforcement activit<span class=\"_ _9\"></span>y<span class=\"_ _1\"></span>.<span class=\"_ _335\"> </span><div class=\"t m0 h4a ff1 fs1 fc0 sc0 ls1 ws1 gs3ec\">A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs3ed\">Inves<span class=\"_ _9\"></span>tment<span class=\"_ _9\"></span>s in subs<span class=\"_ _9\"></span>idiar<span class=\"_ _a\"></span>y under<span class=\"_ _9\"></span>tak<span class=\"_ _9\"></span>ings ar<span class=\"_ _9\"></span>e sta<span class=\"_ _9\"></span>ted a<span class=\"_ _9\"></span>t cos<span class=\"_ _9\"></span>t in th<span class=\"_ _9\"></span>e Comp<span class=\"_ _9\"></span>any\u2019<span class=\"_ _2\"></span>s bala<span class=\"_ _9\"></span>nce sh<span class=\"_ _9\"></span>ee<span class=\"_ _9\"></span>t, les<span class=\"_ _9\"></span>s any provis<span class=\"_ _9\"></span>ion fo<span class=\"_ _9\"></span>r impair<span class=\"_ _9\"></span>ment i<span class=\"_ _9\"></span>n value.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs3ee\">In acco<span class=\"_ _9\"></span>rdanc<span class=\"_ _9\"></span>e wi<span class=\"_ _9\"></span>th IFRS 2 Share B<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>ed Paym<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s, the equ<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>y se<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>tle<span class=\"_ _9\"></span>d share<span class=\"_ _9\"></span>-base<span class=\"_ _9\"></span>d pa<span class=\"_ _9\"></span>ym<span class=\"_ _9\"></span>ent ch<span class=\"_ _9\"></span>arge fo<span class=\"_ _9\"></span>r the emp<span class=\"_ _9\"></span>loyee<span class=\"_ _9\"></span>s of the C<span class=\"_ _9\"></span>omp<span class=\"_ _9\"></span>any\u2019<span class=\"_ _2\"></span>s </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs3ef\">subsidi<span class=\"_ _9\"></span>arie<span class=\"_ _9\"></span>s is trea<span class=\"_ _9\"></span>ted a<span class=\"_ _9\"></span>s an incre<span class=\"_ _9\"></span>ase i<span class=\"_ _9\"></span>n the cos<span class=\"_ _9\"></span>t of i<span class=\"_ _9\"></span>nves<span class=\"_ _9\"></span>tment in t<span class=\"_ _9\"></span>he subsi<span class=\"_ _9\"></span>diarie<span class=\"_ _9\"></span>s, with a c<span class=\"_ _9\"></span>orre<span class=\"_ _9\"></span>sp<span class=\"_ _9\"></span>ondin<span class=\"_ _9\"></span>g incre<span class=\"_ _9\"></span>ase in th<span class=\"_ _9\"></span>e Com<span class=\"_ _9\"></span>pany<span class=\"_ _9\"></span>\u2019<span class=\"_ _11\"></span>s eq<span class=\"_ _9\"></span>uit<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></div>A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Provisi<span class=\"_ _9\"></span>ons are r<span class=\"_ _9\"></span>eco<span class=\"_ _9\"></span>gnise<span class=\"_ _9\"></span>d wh<span class=\"_ _9\"></span>en the G<span class=\"_ _9\"></span>roup h<span class=\"_ _9\"></span>as a pre<span class=\"_ _9\"></span>sen<span class=\"_ _9\"></span>t oblig<span class=\"_ _9\"></span>atio<span class=\"_ _9\"></span>n (leg<span class=\"_ _9\"></span>al or co<span class=\"_ _9\"></span>ns<span class=\"_ _9\"></span>truc<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>ve<span class=\"_ _2\"></span>) as a resul<span class=\"_ _9\"></span>t of a p<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>t event, it i<span class=\"_ _9\"></span>s prob<span class=\"_ _9\"></span>abl<span class=\"_ _9\"></span>e that an<span class=\"_ _335\"> </span>out<span class=\"_ _9\"></span>flow of re<span class=\"_ _9\"></span>sou<span class=\"_ _9\"></span>rces e<span class=\"_ _9\"></span>mbo<span class=\"_ _9\"></span>dy<span class=\"_ _9\"></span>ing ec<span class=\"_ _9\"></span>ono<span class=\"_ _9\"></span>mic be<span class=\"_ _9\"></span>nefit<span class=\"_ _9\"></span>s wi<span class=\"_ _9\"></span>ll be re<span class=\"_ _9\"></span>quire<span class=\"_ _9\"></span>d to set<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>le the ob<span class=\"_ _9\"></span>liga<span class=\"_ _9\"></span>tion an<span class=\"_ _9\"></span>d a relia<span class=\"_ _9\"></span>ble e<span class=\"_ _9\"></span>st<span class=\"_ _9\"></span>imate c<span class=\"_ _9\"></span>an be ma<span class=\"_ _9\"></span>de of th<span class=\"_ _9\"></span>e amou<span class=\"_ _9\"></span>nt<span class=\"_ _335\"> </span>of the obl<span class=\"_ _2\"></span>igation<span class=\"_ _11\"></span>. Provisions ar<span class=\"_ _2\"></span>e estimated consideri<span class=\"_ _2\"></span>ng vari<span class=\"_ _2\"></span>ous possible outcomes a<span class=\"_ _11\"></span>nd determining the<span class=\"_ _11\"></span> m<span class=\"_ _9\"></span>ost lik<span class=\"_ _2\"></span>ely outcome<span class=\"_ _11\"></span>. When the Group<span class=\"_ _335\"> </span>expe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s som<span class=\"_ _9\"></span>e or all of a p<span class=\"_ _9\"></span>rovis<span class=\"_ _9\"></span>ion to be r<span class=\"_ _9\"></span>eimbu<span class=\"_ _9\"></span>rse<span class=\"_ _9\"></span>d, the reim<span class=\"_ _9\"></span>burs<span class=\"_ _9\"></span>eme<span class=\"_ _9\"></span>nt is re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>gnise<span class=\"_ _9\"></span>d as a se<span class=\"_ _9\"></span>para<span class=\"_ _9\"></span>te ass<span class=\"_ _9\"></span>et, bu<span class=\"_ _9\"></span>t onl<span class=\"_ _9\"></span>y whe<span class=\"_ _9\"></span>n the reim<span class=\"_ _9\"></span>bur<span class=\"_ _9\"></span>sem<span class=\"_ _9\"></span>ent<span class=\"_ _335\"> </span>is virtually certain<span class=\"_ _2\"></span>. The expense<span class=\"_ _2\"></span> relating t<span class=\"_ _2\"></span>o a pro<span class=\"_ _2\"></span>vision is pr<span class=\"_ _2\"></span>esented in t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>e income statement<span class=\"_ _2\"></span> net of an<span class=\"_ _11\"></span>y reimbursement.<span class=\"_ _335\"> </span>If the effec<span class=\"_ _a\"></span>t of the time valu<span class=\"_ _9\"></span>e of mo<span class=\"_ _9\"></span>ney is m<span class=\"_ _9\"></span>ateri<span class=\"_ _9\"></span>al, provisi<span class=\"_ _9\"></span>ons are d<span class=\"_ _9\"></span>isco<span class=\"_ _9\"></span>unted u<span class=\"_ _9\"></span>sing a cur<span class=\"_ _9\"></span>rent pr<span class=\"_ _9\"></span>e-tax ra<span class=\"_ _9\"></span>te that r<span class=\"_ _9\"></span>eflec<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s, wh<span class=\"_ _9\"></span>en app<span class=\"_ _9\"></span>ropr<span class=\"_ _9\"></span>iate, the<span class=\"_ _335\"> </span>risk<span class=\"_ _9\"></span>s spe<span class=\"_ _9\"></span>cific to the li<span class=\"_ _9\"></span>abili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>. When di<span class=\"_ _9\"></span>scou<span class=\"_ _9\"></span>nting is u<span class=\"_ _9\"></span>sed, the in<span class=\"_ _9\"></span>cre<span class=\"_ _9\"></span>ase in th<span class=\"_ _9\"></span>e provi<span class=\"_ _9\"></span>sion du<span class=\"_ _9\"></span>e to the p<span class=\"_ _9\"></span>assa<span class=\"_ _9\"></span>ge of tim<span class=\"_ _9\"></span>e is re<span class=\"_ _9\"></span>cog<span class=\"_ _9\"></span>nise<span class=\"_ _9\"></span>d as a financ<span class=\"_ _9\"></span>e cos<span class=\"_ _9\"></span>t.<span class=\"_ _335\"> </span>A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Contributions<span class=\"_ _11\"></span> to defined contr<span class=\"_ _2\"></span>ibution schemes ar<span class=\"_ _2\"></span>e charged t<span class=\"_ _11\"></span>o the income statement as<span class=\"_ _2\"></span> incurred<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>The pension obli<span class=\"_ _2\"></span>gations aris<span class=\"_ _2\"></span>ing under<span class=\"_ _2\"></span> the Group<span class=\"_ _11\"></span>\u2019<span class=\"_ _2\"></span>s defined<span class=\"_ _2\"></span> benefit pension scheme ar<span class=\"_ _2\"></span>e measured at d<span class=\"_ _2\"></span>iscounted pr<span class=\"_ _2\"></span>esent value<span class=\"_ _11\"></span>. The scheme<span class=\"_ _335\"> </span>ass<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s are me<span class=\"_ _9\"></span>asure<span class=\"_ _9\"></span>d at fai<span class=\"_ _9\"></span>r value, excep<span class=\"_ _9\"></span>t annuiti<span class=\"_ _9\"></span>es wh<span class=\"_ _9\"></span>ich are valu<span class=\"_ _9\"></span>ed to m<span class=\"_ _9\"></span>atch the l<span class=\"_ _9\"></span>iabili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y or be<span class=\"_ _9\"></span>nefit val<span class=\"_ _9\"></span>ue. The ope<span class=\"_ _9\"></span>ratin<span class=\"_ _9\"></span>g and finan<span class=\"_ _9\"></span>cing co<span class=\"_ _9\"></span>st<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span>of the sc<span class=\"_ _9\"></span>hem<span class=\"_ _9\"></span>e are re<span class=\"_ _9\"></span>cog<span class=\"_ _9\"></span>nise<span class=\"_ _9\"></span>d sep<span class=\"_ _9\"></span>arate<span class=\"_ _9\"></span>ly in the in<span class=\"_ _9\"></span>com<span class=\"_ _9\"></span>e s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent. Ser<span class=\"_ _9\"></span>v<span class=\"_ _9\"></span>ice c<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>ts ar<span class=\"_ _9\"></span>e spre<span class=\"_ _9\"></span>ad usin<span class=\"_ _9\"></span>g the pr<span class=\"_ _9\"></span>ojec<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d unit c<span class=\"_ _9\"></span>redi<span class=\"_ _9\"></span>t me<span class=\"_ _9\"></span>tho<span class=\"_ _9\"></span>d. P<span class=\"_ _11\"></span>a<span class=\"_ _9\"></span>st s<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>v<span class=\"_ _9\"></span>ice<span class=\"_ _335\"> </span>cos<span class=\"_ _9\"></span>ts a<span class=\"_ _9\"></span>re rec<span class=\"_ _9\"></span>ogni<span class=\"_ _9\"></span>sed im<span class=\"_ _9\"></span>med<span class=\"_ _9\"></span>iatel<span class=\"_ _9\"></span>y in the in<span class=\"_ _9\"></span>com<span class=\"_ _9\"></span>e sta<span class=\"_ _9\"></span>teme<span class=\"_ _9\"></span>nt in the p<span class=\"_ _9\"></span>eri<span class=\"_ _9\"></span>od in w<span class=\"_ _9\"></span>hich they ar<span class=\"_ _9\"></span>e iden<span class=\"_ _9\"></span>tified. Net fina<span class=\"_ _9\"></span>ncing c<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>ts ar<span class=\"_ _9\"></span>e reco<span class=\"_ _9\"></span>gnis<span class=\"_ _9\"></span>ed in<span class=\"_ _9\"></span> the pe<span class=\"_ _9\"></span>rio<span class=\"_ _9\"></span>d in whic<span class=\"_ _9\"></span>h they aris<span class=\"_ _9\"></span>e, calcula<span class=\"_ _9\"></span>ted w<span class=\"_ _9\"></span>ith re<span class=\"_ _9\"></span>fere<span class=\"_ _9\"></span>nce to the d<span class=\"_ _9\"></span>isco<span class=\"_ _9\"></span>unt rate, and ar<span class=\"_ _9\"></span>e inclu<span class=\"_ _9\"></span>ded in fin<span class=\"_ _9\"></span>ance in<span class=\"_ _9\"></span>com<span class=\"_ _9\"></span>e or exp<span class=\"_ _9\"></span>ens<span class=\"_ _9\"></span>e on a ne<span class=\"_ _9\"></span>t ba<span class=\"_ _9\"></span>sis.<span class=\"_ _335\"> </span>Remeasurement<span class=\"_ _11\"></span> gains and losses arisi<span class=\"_ _11\"></span>ng from either experience d<span class=\"_ _2\"></span>ifferi<span class=\"_ _2\"></span>ng from pr<span class=\"_ _2\"></span>evious actuarial ass<span class=\"_ _2\"></span>umptions,<span class=\"_ _11\"></span> or changes to those<span class=\"_ _335\"> </span>assumptions<span class=\"_ _2\"></span>, are<span class=\"_ _2\"></span> recognised immediately i<span class=\"_ _11\"></span>n other comprehensive income<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>The co<span class=\"_ _9\"></span>st o<span class=\"_ _9\"></span>f granting s<span class=\"_ _9\"></span>hare<span class=\"_ _9\"></span>s, optio<span class=\"_ _9\"></span>ns over s<span class=\"_ _9\"></span>hares a<span class=\"_ _9\"></span>nd oth<span class=\"_ _9\"></span>er sh<span class=\"_ _9\"></span>are-ba<span class=\"_ _9\"></span>sed r<span class=\"_ _9\"></span>emune<span class=\"_ _9\"></span>ratio<span class=\"_ _9\"></span>n to emp<span class=\"_ _9\"></span>loyee<span class=\"_ _9\"></span>s and E<span class=\"_ _9\"></span>xecu<span class=\"_ _9\"></span>tive D<span class=\"_ _9\"></span>irec<span class=\"_ _9\"></span>to<span class=\"_ _9\"></span>rs is r<span class=\"_ _9\"></span>eco<span class=\"_ _9\"></span>gnis<span class=\"_ _9\"></span>ed thro<span class=\"_ _9\"></span>ugh<span class=\"_ _335\"> </span>the inc<span class=\"_ _9\"></span>ome s<span class=\"_ _9\"></span>tate<span class=\"_ _9\"></span>men<span class=\"_ _9\"></span>t. All awards are e<span class=\"_ _9\"></span>qui<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y set<span class=\"_ _9\"></span>tl<span class=\"_ _9\"></span>ed an<span class=\"_ _9\"></span>d there<span class=\"_ _9\"></span>fore th<span class=\"_ _9\"></span>e fair valu<span class=\"_ _9\"></span>e is me<span class=\"_ _9\"></span>asure<span class=\"_ _9\"></span>d at the g<span class=\"_ _9\"></span>rant da<span class=\"_ _9\"></span>te. Where the a<span class=\"_ _9\"></span>wards h<span class=\"_ _9\"></span>ave no<span class=\"_ _9\"></span>n-<span class=\"_ _335\"> </span>mark<span class=\"_ _2\"></span>et related performance criteria<span class=\"_ _11\"></span>, the Group uses t<span class=\"_ _11\"></span>he Black<span class=\"_ _11\"></span>-Scholes option va<span class=\"_ _2\"></span>luation model t<span class=\"_ _2\"></span>o establish t<span class=\"_ _2\"></span>he releva<span class=\"_ _11\"></span>nt fair val<span class=\"_ _2\"></span>ues.<span class=\"_ _2\"></span> Where the<span class=\"_ _335\"> </span>awards hav<span class=\"_ _2\"></span>e T<span class=\"_ _11\"></span>otal Sha<span class=\"_ _11\"></span>reholder Return (TSR<span class=\"_ _11\"></span>) market relat<span class=\"_ _2\"></span>ed performance criteria<span class=\"_ _2\"></span>, the Grou<span class=\"_ _2\"></span>p has used t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>e Monte<span class=\"_ _2\"></span> Carlo sim<span class=\"_ _2\"></span>ulation v<span class=\"_ _2\"></span>aluation<span class=\"_ _335\"> </span>mod<span class=\"_ _9\"></span>el<span class=\"_ gsd2\"> </span>to es<span class=\"_ _9\"></span>tab<span class=\"_ _9\"></span>lish the r<span class=\"_ _9\"></span>elevant f<span class=\"_ _9\"></span>air value<span class=\"_ _9\"></span>s. The resul<span class=\"_ _9\"></span>ting valu<span class=\"_ _9\"></span>es are am<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>sed th<span class=\"_ _9\"></span>rough th<span class=\"_ _9\"></span>e inco<span class=\"_ _9\"></span>me s<span class=\"_ _9\"></span>tate<span class=\"_ _9\"></span>ment ove<span class=\"_ _9\"></span>r the ves<span class=\"_ _9\"></span>tin<span class=\"_ _9\"></span>g per<span class=\"_ _9\"></span>iod o<span class=\"_ _9\"></span>f the awar<span class=\"_ _9\"></span>ds.<span class=\"_ _335\"> </span>For awards w<span class=\"_ _9\"></span>ith no<span class=\"_ _9\"></span>n-market rel<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>d crite<span class=\"_ _9\"></span>ria, the ch<span class=\"_ _9\"></span>arge is r<span class=\"_ _9\"></span>evers<span class=\"_ _9\"></span>ed if i<span class=\"_ _9\"></span>t app<span class=\"_ _9\"></span>ear<span class=\"_ _9\"></span>s prob<span class=\"_ _9\"></span>abl<span class=\"_ _9\"></span>e that th<span class=\"_ _9\"></span>e pe<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>form<span class=\"_ _9\"></span>ance o<span class=\"_ _9\"></span>r ser<span class=\"_ _9\"></span>v<span class=\"_ _9\"></span>ice c<span class=\"_ _9\"></span>riter<span class=\"_ _9\"></span>ia will n<span class=\"_ _9\"></span>ot b<span class=\"_ _9\"></span>e me<span class=\"_ _9\"></span>t.<span class=\"_ _335\"> </span>A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Ordin<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>y sha<span class=\"_ _9\"></span>res are c<span class=\"_ _9\"></span>las<span class=\"_ _9\"></span>sified a<span class=\"_ _9\"></span>s equi<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>. Ex<span class=\"_ _a\"></span>ternal cos<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s dire<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tly a<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>tribu<span class=\"_ _9\"></span>table to th<span class=\"_ _9\"></span>e issu<span class=\"_ _9\"></span>e of new sh<span class=\"_ _9\"></span>ares a<span class=\"_ _9\"></span>re show<span class=\"_ _9\"></span>n in equi<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y as a de<span class=\"_ _9\"></span>duc<span class=\"_ _a\"></span>tion from<span class=\"_ _335\"> </span>the<span class=\"_ _2\"></span><span class=\"_ gsd2\"> </span>pr<span class=\"_ _2\"></span>oceeds<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>The co<span class=\"_ _9\"></span>nsid<span class=\"_ _9\"></span>erati<span class=\"_ _9\"></span>on pai<span class=\"_ _9\"></span>d by any Group en<span class=\"_ _9\"></span>tit<span class=\"_ _9\"></span>y to acq<span class=\"_ _9\"></span>uire the C<span class=\"_ _9\"></span>omp<span class=\"_ _9\"></span>any\u2019<span class=\"_ _11\"></span>s e<span class=\"_ _9\"></span>qui<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y share c<span class=\"_ _9\"></span>apital, incl<span class=\"_ _9\"></span>uding any dire<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tly a<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>tribu<span class=\"_ _9\"></span>table i<span class=\"_ _9\"></span>ncre<span class=\"_ _9\"></span>mental c<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>ts,<span class=\"_ _335\"> </span>is<span class=\"_ gsd2\"> </span>de<span class=\"_ _9\"></span>duc<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d from e<span class=\"_ _9\"></span>quit<span class=\"_ _9\"></span>y un<span class=\"_ _9\"></span>til the sh<span class=\"_ _9\"></span>ares ar<span class=\"_ _9\"></span>e cance<span class=\"_ _9\"></span>lle<span class=\"_ _9\"></span>d, reissu<span class=\"_ _9\"></span>ed or s<span class=\"_ _9\"></span>old. Whe<span class=\"_ _9\"></span>re own sh<span class=\"_ _9\"></span>ares ar<span class=\"_ _9\"></span>e sol<span class=\"_ _9\"></span>d or rei<span class=\"_ _9\"></span>ssue<span class=\"_ _9\"></span>d, the ne<span class=\"_ _9\"></span>t con<span class=\"_ _9\"></span>side<span class=\"_ _9\"></span>ratio<span class=\"_ _9\"></span>n rec<span class=\"_ _9\"></span>eive<span class=\"_ _9\"></span>d is<span class=\"_ _335\"> </span>included in<span class=\"_ _2\"></span> equity<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Share<span class=\"_ _9\"></span>s acqu<span class=\"_ _9\"></span>ired by th<span class=\"_ _9\"></span>e EBT are prese<span class=\"_ _9\"></span>nted o<span class=\"_ _9\"></span>n the Gr<span class=\"_ _9\"></span>oup and C<span class=\"_ _9\"></span>omp<span class=\"_ _9\"></span>any balan<span class=\"_ _9\"></span>ce she<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s wi<span class=\"_ _9\"></span>thin \u2018O<span class=\"_ _9\"></span>ther r<span class=\"_ _9\"></span>ese<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>ves\u2019<span class=\"_ _1\"></span>. Purcha<span class=\"_ _9\"></span>ses o<span class=\"_ _9\"></span>f trea<span class=\"_ _9\"></span>sur<span class=\"_ _9\"></span>y sha<span class=\"_ _9\"></span>res are<span class=\"_ _335\"> </span>deducted from retained ear<span class=\"_ _2\"></span>nings<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>The Group<span class=\"_ _2\"></span> earns rent<span class=\"_ _2\"></span>al income<span class=\"_ _2\"></span> by leasing<span class=\"_ _11\"></span> i<span class=\"_ _9\"></span>ts proper<span class=\"_ _9\"></span>ties to<span class=\"_ _2\"></span> tenants u<span class=\"_ _2\"></span>nder non-cancel<span class=\"_ _2\"></span>lable operating<span class=\"_ _11\"></span> le<span class=\"_ _9\"></span>ases. Leases i<span class=\"_ _11\"></span>n which substantia<span class=\"_ _2\"></span>lly all<span class=\"_ _11\"></span> risks<span class=\"_ _335\"> </span>and reward<span class=\"_ _9\"></span>s incid<span class=\"_ _9\"></span>ental to own<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>ship of inves<span class=\"_ _9\"></span>tm<span class=\"_ _9\"></span>ent pr<span class=\"_ _9\"></span>ope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s are re<span class=\"_ _9\"></span>taine<span class=\"_ _9\"></span>d by the Gro<span class=\"_ _9\"></span>up as the l<span class=\"_ _9\"></span>ess<span class=\"_ _9\"></span>or are c<span class=\"_ _9\"></span>las<span class=\"_ _9\"></span>sified as o<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>rating l<span class=\"_ _9\"></span>eas<span class=\"_ _9\"></span>es. Paymen<span class=\"_ _9\"></span>ts,<span class=\"_ _335\"> </span>including<span class=\"_ _11\"></span> prep<span class=\"_ _9\"></span>ayments, received under<span class=\"_ _2\"></span> operating leases (<span class=\"_ _1\"></span>ne<span class=\"_ _9\"></span>t of an<span class=\"_ _11\"></span>y incentives paid<span class=\"_ _11\"></span>) are charged to<span class=\"_ _11\"></span> the income statement on a<span class=\"_ _2\"></span> straight<span class=\"_ _11\"></span>-line basis<span class=\"_ _335\"> </span>over the p<span class=\"_ _9\"></span>erio<span class=\"_ _9\"></span>d of the l<span class=\"_ _9\"></span>ea<span class=\"_ _9\"></span>se.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfMaterialAccountingPolicyInformationExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-365": {
   "value": "BASIS OF<span class=\"_ _2\"></span> PREP<span class=\"_ _11\"></span>AR<span class=\"_ _9\"></span>A<span class=\"_ _2\"></span>TION<span class=\"_ _335\"> </span>These financi<span class=\"_ _2\"></span>al statements have<span class=\"_ _2\"></span> been prepared on a goi<span class=\"_ _2\"></span>ng concern basis<span class=\"_ _2\"></span> and in<span class=\"_ _2\"></span> accordance with<span class=\"_ _11\"></span> UK adopted internationa<span class=\"_ _2\"></span>l account<span class=\"_ _2\"></span>ing stan<span class=\"_ _9\"></span>dards (IFRSs an<span class=\"_ _9\"></span>d IFRICs)<span class=\"_ _1\"></span>, and a<span class=\"_ _9\"></span>s reg<span class=\"_ _9\"></span>ards the Parent C<span class=\"_ _9\"></span>omp<span class=\"_ _9\"></span>any financia<span class=\"_ _9\"></span>l sta<span class=\"_ _9\"></span>teme<span class=\"_ _9\"></span>nts, a<span class=\"_ _9\"></span>s appli<span class=\"_ _9\"></span>ed in ac<span class=\"_ _9\"></span>cord<span class=\"_ _9\"></span>ance w<span class=\"_ _9\"></span>ith the p<span class=\"_ _9\"></span>rovis<span class=\"_ _9\"></span>ions o<span class=\"_ _9\"></span>f the Comp<span class=\"_ _9\"></span>anie<span class=\"_ _9\"></span>s Ac<span class=\"_ _9\"></span>t 2006.<span class=\"_ _335\"> </span>The finan<span class=\"_ _9\"></span>cial s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s ha<span class=\"_ _9\"></span>ve be<span class=\"_ _9\"></span>en pre<span class=\"_ _9\"></span>pare<span class=\"_ _9\"></span>d in Pounds Sterlin<span class=\"_ _9\"></span>g (<span class=\"_ _11\"></span>ro<span class=\"_ _9\"></span>unde<span class=\"_ _9\"></span>d to the n<span class=\"_ _9\"></span>eare<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t one mill<span class=\"_ _9\"></span>ion<span class=\"_ _2\"></span>)<span class=\"_ _11\"></span>, which i<span class=\"_ _9\"></span>s the<span class=\"_ _9\"></span> presentation<span class=\"_ _2\"></span> currency of t<span class=\"_ _2\"></span>he Group (<span class=\"_ _11\"></span>Land Securities Group<span class=\"_ _2\"></span> PL<span class=\"_ _11\"></span>C and all<span class=\"_ _2\"></span> its subsidi<span class=\"_ _2\"></span>ary under<span class=\"_ _9\"></span>takings<span class=\"_ _11\"></span>)<span class=\"_ _1\"></span>, and under the<span class=\"_ _2\"></span> historical cost con<span class=\"_ _11\"></span>vention as mod<span class=\"_ _9\"></span>ified by the reva<span class=\"_ _9\"></span>luati<span class=\"_ _9\"></span>on of inves<span class=\"_ _9\"></span>tm<span class=\"_ _9\"></span>ent pr<span class=\"_ _9\"></span>ope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>, finan<span class=\"_ _9\"></span>cial as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ts a<span class=\"_ _9\"></span>t fair value th<span class=\"_ _9\"></span>rough p<span class=\"_ _9\"></span>rofit or l<span class=\"_ _9\"></span>oss, d<span class=\"_ _9\"></span>eriva<span class=\"_ _9\"></span>tive finan<span class=\"_ _9\"></span>cial ins<span class=\"_ _9\"></span>tr<span class=\"_ _9\"></span>umen<span class=\"_ _9\"></span>ts an<span class=\"_ _9\"></span>d pension assets. As appl<span class=\"_ _2\"></span>ied by t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>e Group a<span class=\"_ _2\"></span>nd the Compan<span class=\"_ _11\"></span>y<span class=\"_ _11\"></span>, there are<span class=\"_ _11\"></span> no material diff<span class=\"_ _2\"></span>erences bet<span class=\"_ _9\"></span>ween UK adopt<span class=\"_ _2\"></span>ed internat<span class=\"_ _2\"></span>ional accoun<span class=\"_ _2\"></span>ting stan<span class=\"_ _9\"></span>dards an<span class=\"_ _9\"></span>d EU IFRS.<span class=\"_ _335\"> </span>The preparation<span class=\"_ _11\"></span> of financial statements i<span class=\"_ _2\"></span>n conform<span class=\"_ _2\"></span>ity with generally accepted ac<span class=\"_ _2\"></span>counting<span class=\"_ _2\"></span> principles (<span class=\"_ _11\"></span>GAAP) requir<span class=\"_ _2\"></span>es the use o<span class=\"_ _2\"></span>f estimates and assum<span class=\"_ _9\"></span>ptio<span class=\"_ _9\"></span>ns tha<span class=\"_ _9\"></span>t affec<span class=\"_ _9\"></span>t th<span class=\"_ _9\"></span>e rep<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d amo<span class=\"_ _9\"></span>unts o<span class=\"_ _9\"></span>f ass<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s and liab<span class=\"_ _9\"></span>ilitie<span class=\"_ _9\"></span>s at th<span class=\"_ _9\"></span>e date o<span class=\"_ _9\"></span>f the financ<span class=\"_ _9\"></span>ial s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s and th<span class=\"_ _9\"></span>e rep<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d amoun<span class=\"_ _9\"></span>ts of<span class=\"_ _9\"></span> revenues<span class=\"_ _2\"></span> and expenses du<span class=\"_ _2\"></span>ring the<span class=\"_ _2\"></span> repor<span class=\"_ _9\"></span>ting period<span class=\"_ _11\"></span>. Although these estimates a<span class=\"_ _2\"></span>re based on management\u2019<span class=\"_ _11\"></span>s best knowledge of the amou<span class=\"_ _2\"></span>nt, event or a<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>s, ac<span class=\"_ _9\"></span>tual re<span class=\"_ _9\"></span>sult<span class=\"_ _9\"></span>s ulti<span class=\"_ _9\"></span>mate<span class=\"_ _9\"></span>ly ma<span class=\"_ _9\"></span>y differ fro<span class=\"_ _9\"></span>m those e<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>tima<span class=\"_ _9\"></span>tes. Land Securities<span class=\"_ _2\"></span> Group P<span class=\"_ _11\"></span>LC (<span class=\"_ _11\"></span>the Company<span class=\"_ _11\"></span>) has not presented its o<span class=\"_ _2\"></span>wn statement of com<span class=\"_ _2\"></span>prehensive income<span class=\"_ _2\"></span> (<span class=\"_ _11\"></span>and separate<span class=\"_ _2\"></span> income statement<span class=\"_ _11\"></span>)<span class=\"_ _11\"></span>, as pe<span class=\"_ _9\"></span>rmit<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d by Se<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tion 4<span class=\"_ _9\"></span>08 of C<span class=\"_ _9\"></span>omp<span class=\"_ _9\"></span>anies Ac<span class=\"_ _a\"></span>t 2006. The Merger r<span class=\"_ _9\"></span>ese<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>ve aros<span class=\"_ _9\"></span>e on 6 Se<span class=\"_ _9\"></span>pte<span class=\"_ _9\"></span>mbe<span class=\"_ _9\"></span>r 2002 wh<span class=\"_ _9\"></span>en the C<span class=\"_ _9\"></span>omp<span class=\"_ _9\"></span>any acquire<span class=\"_ _9\"></span>d 100% of the<span class=\"_ _9\"></span> issu<span class=\"_ _9\"></span>ed sh<span class=\"_ _9\"></span>are capi<span class=\"_ _9\"></span>tal of Lan<span class=\"_ _9\"></span>d Se<span class=\"_ _9\"></span>curiti<span class=\"_ _9\"></span>es PLC. The Merg<span class=\"_ _9\"></span>er res<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>ve r<span class=\"_ _9\"></span>epre<span class=\"_ _9\"></span>sen<span class=\"_ _9\"></span>ts the e<span class=\"_ _9\"></span>xces<span class=\"_ _9\"></span>s of the co<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t of acqu<span class=\"_ _9\"></span>isiti<span class=\"_ _9\"></span>on over th<span class=\"_ _9\"></span>e nomin<span class=\"_ _9\"></span>al value of th<span class=\"_ _9\"></span>e share<span class=\"_ _9\"></span>s iss<span class=\"_ _9\"></span>ued by th<span class=\"_ _9\"></span>e Comp<span class=\"_ _9\"></span>any to acquir<span class=\"_ _9\"></span>e Land S<span class=\"_ _9\"></span>ecur<span class=\"_ _9\"></span>itie<span class=\"_ _9\"></span>s PL<span class=\"_ _2\"></span>C. The Me<span class=\"_ _9\"></span>rger r<span class=\"_ _9\"></span>ese<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>ve do<span class=\"_ _9\"></span>es no<span class=\"_ _9\"></span>t rep<span class=\"_ _9\"></span>res<span class=\"_ _9\"></span>ent a re<span class=\"_ _9\"></span>alise<span class=\"_ _9\"></span>d or di<span class=\"_ _9\"></span>str<span class=\"_ _9\"></span>ibutab<span class=\"_ _9\"></span>le profi<span class=\"_ _9\"></span>t. Oth<span class=\"_ _9\"></span>er reser<span class=\"_ _9\"></span>ves includes<span class=\"_ _2\"></span> the Capita<span class=\"_ _11\"></span>l redemption reser<span class=\"_ _9\"></span>ve,<span class=\"_ _2\"></span> which represents t<span class=\"_ _2\"></span>he nominal<span class=\"_ _2\"></span> value<span class=\"_ _2\"></span> of cancelled<span class=\"_ _2\"></span> shares,<span class=\"_ _2\"></span> the Share-<span class=\"_ _11\"></span>b<span class=\"_ _9\"></span>ased payment reserve and O<span class=\"_ _9\"></span>wn sh<span class=\"_ _9\"></span>ares h<span class=\"_ _9\"></span>eld by th<span class=\"_ _9\"></span>e Group.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-397": {
   "value": "These financi<span class=\"_ _2\"></span>al statements have<span class=\"_ _2\"></span> been prepared on a goi<span class=\"_ _2\"></span>ng concern basis<span class=\"_ _2\"></span> and in<span class=\"_ _2\"></span> accordance with<span class=\"_ _11\"></span> UK adopted internationa<span class=\"_ _2\"></span>l account<span class=\"_ _2\"></span>ing stan<span class=\"_ _9\"></span>dards (IFRSs an<span class=\"_ _9\"></span>d IFRICs)<span class=\"_ _1\"></span>, and a<span class=\"_ _9\"></span>s reg<span class=\"_ _9\"></span>ards the Parent C<span class=\"_ _9\"></span>omp<span class=\"_ _9\"></span>any financia<span class=\"_ _9\"></span>l sta<span class=\"_ _9\"></span>teme<span class=\"_ _9\"></span>nts, a<span class=\"_ _9\"></span>s appli<span class=\"_ _9\"></span>ed in ac<span class=\"_ _9\"></span>cord<span class=\"_ _9\"></span>ance w<span class=\"_ _9\"></span>ith the p<span class=\"_ _9\"></span>rovis<span class=\"_ _9\"></span>ions o<span class=\"_ _9\"></span>f the Comp<span class=\"_ _9\"></span>anie<span class=\"_ _9\"></span>s Ac<span class=\"_ _9\"></span>t 2006.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:StatementOfIFRSCompliance",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-2": {
   "value": "UK",
   "dimensions": {
    "concept": "ifrs-full:CountryOfIncorporation",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-396": {
   "value": "The finan<span class=\"_ _9\"></span>cial s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s ha<span class=\"_ _9\"></span>ve be<span class=\"_ _9\"></span>en pre<span class=\"_ _9\"></span>pare<span class=\"_ _9\"></span>d in Pounds Sterlin<span class=\"_ _9\"></span>g (<span class=\"_ _11\"></span>ro<span class=\"_ _9\"></span>unde<span class=\"_ _9\"></span>d to the n<span class=\"_ _9\"></span>eare<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t one mill<span class=\"_ _9\"></span>ion<span class=\"_ _2\"></span>)<span class=\"_ _11\"></span>, which i<span class=\"_ _9\"></span>s the<span class=\"_ _9\"></span> presentation<span class=\"_ _2\"></span> currency of t<span class=\"_ _2\"></span>he Group (<span class=\"_ _11\"></span>Land Securities Group<span class=\"_ _2\"></span> PL<span class=\"_ _11\"></span>C and all<span class=\"_ _2\"></span> its subsidi<span class=\"_ _2\"></span>ary under<span class=\"_ _9\"></span>takings<span class=\"_ _11\"></span>)<span class=\"_ _1\"></span>, and under the<span class=\"_ _2\"></span> historical cost con<span class=\"_ _11\"></span>vention as mod<span class=\"_ _9\"></span>ified by the reva<span class=\"_ _9\"></span>luati<span class=\"_ _9\"></span>on of inves<span class=\"_ _9\"></span>tm<span class=\"_ _9\"></span>ent pr<span class=\"_ _9\"></span>ope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>, finan<span class=\"_ _9\"></span>cial as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ts a<span class=\"_ _9\"></span>t fair value th<span class=\"_ _9\"></span>rough p<span class=\"_ _9\"></span>rofit or l<span class=\"_ _9\"></span>oss, d<span class=\"_ _9\"></span>eriva<span class=\"_ _9\"></span>tive finan<span class=\"_ _9\"></span>cial ins<span class=\"_ _9\"></span>tr<span class=\"_ _9\"></span>umen<span class=\"_ _9\"></span>ts an<span class=\"_ _9\"></span>d pension assets. As appl<span class=\"_ _2\"></span>ied by t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>e Group a<span class=\"_ _2\"></span>nd the Compan<span class=\"_ _11\"></span>y<span class=\"_ _11\"></span>, there are<span class=\"_ _11\"></span> no material diff<span class=\"_ _2\"></span>erences bet<span class=\"_ _9\"></span>ween UK adopt<span class=\"_ _2\"></span>ed internat<span class=\"_ _2\"></span>ional accoun<span class=\"_ _2\"></span>ting stan<span class=\"_ _9\"></span>dards an<span class=\"_ _9\"></span>d EU IFRS.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFunctionalCurrencyExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-3": {
   "value": "Land Securities Group PLC",
   "dimensions": {
    "concept": "ifrs-full:NameOfReportingEntityOrOtherMeansOfIdentification",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-359": {
   "value": "Land Securities Group PLC",
   "dimensions": {
    "concept": "ifrs-full:NameOfParentEntity",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-4": {
   "value": "PLC",
   "dimensions": {
    "concept": "ifrs-full:LegalFormOfEntity",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-366": {
   "value": "GOING CONCERN<span class=\"_ _335\"> </span>Give<span class=\"_ _9\"></span>n the imp<span class=\"_ _9\"></span>ac<span class=\"_ _9\"></span>t of in<span class=\"_ _9\"></span>terna<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>al and do<span class=\"_ _9\"></span>mes<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>c poli<span class=\"_ _9\"></span>tical an<span class=\"_ _9\"></span>d eco<span class=\"_ _9\"></span>nom<span class=\"_ _9\"></span>ic event<span class=\"_ _9\"></span>s over the c<span class=\"_ _9\"></span>our<span class=\"_ _9\"></span>se of the ye<span class=\"_ _9\"></span>ar<span class=\"_ _11\"></span>, the D<span class=\"_ _9\"></span>irec<span class=\"_ _a\"></span>tors ha<span class=\"_ _9\"></span>ve continu<span class=\"_ _9\"></span>ed to pl<span class=\"_ _9\"></span>ace<span class=\"_ _9\"></span> additional<span class=\"_ _2\"></span> focus on the<span class=\"_ _2\"></span> appropriateness of<span class=\"_ _2\"></span> adopting t<span class=\"_ _2\"></span>he going concer<span class=\"_ _2\"></span>n assumption<span class=\"_ _2\"></span> in prepari<span class=\"_ _2\"></span>ng the fi<span class=\"_ _11\"></span>nancial statements for the<span class=\"_ _2\"></span> year ended 3<span class=\"_ _11\"></span>1 March 20<span class=\"_ _2\"></span>26<span class=\"_ _11\"></span>. The Group<span class=\"_ _11\"></span>\u2019<span class=\"_ _2\"></span>s going<span class=\"_ _2\"></span> concern assessment considers cha<span class=\"_ _2\"></span>nges in the<span class=\"_ _11\"></span> G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _1\"></span>s principal ris<span class=\"_ _2\"></span>ks (<span class=\"_ _11\"></span>see pages 43-4<span class=\"_ _9\"></span>6<span class=\"_ _11\"></span>) and is dependent<span class=\"_ _2\"></span> on a number of<span class=\"_ _11\"></span> fac<span class=\"_ _9\"></span>tors, includi<span class=\"_ _2\"></span>ng our fi<span class=\"_ _11\"></span>nancial performance and conti<span class=\"_ _2\"></span>nued access to borr<span class=\"_ _2\"></span>owing faci<span class=\"_ _2\"></span>lities<span class=\"_ _11\"></span>. Access to our borro<span class=\"_ _11\"></span>w<span class=\"_ _9\"></span>ing facil<span class=\"_ _2\"></span>ities is dependent on our<span class=\"_ _2\"></span> ability to con<span class=\"_ _2\"></span>tinue t<span class=\"_ _11\"></span>o operate the Group<span class=\"_ _11\"></span>\u2019<span class=\"_ _2\"></span>s secured debt structure within<span class=\"_ _11\"></span> i<span class=\"_ _9\"></span>ts financia<span class=\"_ _2\"></span>l cov<span class=\"_ _2\"></span>enants, whic<span class=\"_ _2\"></span>h are descri<span class=\"_ _2\"></span>bed in note 2<span class=\"_ _2\"></span>1<span class=\"_ _11\"></span>.<span class=\"_ _9\"></span> In order<span class=\"_ _2\"></span> to satisfy themselves that t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>e Group has<span class=\"_ _11\"></span> ade<span class=\"_ _9\"></span>quate resources<span class=\"_ _2\"></span> to cont<span class=\"_ _2\"></span>inue as<span class=\"_ _11\"></span> a going concern for t<span class=\"_ _2\"></span>he foreseeable futur<span class=\"_ _2\"></span>e,<span class=\"_ _2\"></span> the Directors have rev<span class=\"_ _9\"></span>iewe<span class=\"_ _9\"></span>d the b<span class=\"_ _9\"></span>ase ca<span class=\"_ _9\"></span>se, downs<span class=\"_ _9\"></span>ide and r<span class=\"_ _9\"></span>evers<span class=\"_ _9\"></span>e s<span class=\"_ _9\"></span>tres<span class=\"_ _9\"></span>s tes<span class=\"_ _9\"></span>t mo<span class=\"_ _9\"></span>del<span class=\"_ _9\"></span>s, as well as a c<span class=\"_ _9\"></span>ash flow m<span class=\"_ _9\"></span>ode<span class=\"_ _9\"></span>l whic<span class=\"_ _9\"></span>h cons<span class=\"_ _9\"></span>ider<span class=\"_ _9\"></span>s the im<span class=\"_ _9\"></span>pac<span class=\"_ _a\"></span>t of pes<span class=\"_ _9\"></span>simis<span class=\"_ _9\"></span>tic<span class=\"_ _9\"></span> assumptions on<span class=\"_ _11\"></span> the Group\u2019<span class=\"_ _11\"></span>s operating<span class=\"_ _11\"></span> environment (<span class=\"_ _11\"></span>the \u2018<span class=\"_ _11\"></span>mitigated downside scenario<span class=\"_ _11\"></span>\u2019)<span class=\"_ _1\"></span>. This mitigated<span class=\"_ _2\"></span> downside scenari<span class=\"_ _2\"></span>o reflects unfavour<span class=\"_ _2\"></span>able macroeconomic conditions<span class=\"_ _11\"></span>, a deterioration i<span class=\"_ _2\"></span>n our a<span class=\"_ _2\"></span>bility to collect rent and<span class=\"_ _2\"></span> ser<span class=\"_ _9\"></span>vice charge<span class=\"_ _2\"></span> from our<span class=\"_ _2\"></span> customers and remov<span class=\"_ _2\"></span>es uncommitted acquisitions<span class=\"_ _11\"></span>, disposals and de<span class=\"_ _2\"></span>velopments. The Gr<span class=\"_ _9\"></span>oup\u2019<span class=\"_ _11\"></span>s key me<span class=\"_ _9\"></span>tric<span class=\"_ _9\"></span>s from th<span class=\"_ _9\"></span>e miti<span class=\"_ _9\"></span>gate<span class=\"_ _9\"></span>d dow<span class=\"_ _9\"></span>nside s<span class=\"_ _9\"></span>cen<span class=\"_ _9\"></span>ario as a<span class=\"_ _9\"></span>t the en<span class=\"_ _9\"></span>d of the g<span class=\"_ _9\"></span>oing co<span class=\"_ _9\"></span>nce<span class=\"_ _9\"></span>rn ass<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>sme<span class=\"_ _9\"></span>nt per<span class=\"_ _9\"></span>iod, wh<span class=\"_ _9\"></span>ich cove<span class=\"_ _9\"></span>rs the 16 month<span class=\"_ _9\"></span>s to 30 Sep<span class=\"_ _9\"></span>temb<span class=\"_ _9\"></span>er 2027<span class=\"_ _1\"></span>, are show<span class=\"_ _9\"></span>n bel<span class=\"_ _9\"></span>ow alon<span class=\"_ _9\"></span>gsid<span class=\"_ _9\"></span>e the ac<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>ual po<span class=\"_ _9\"></span>sitio<span class=\"_ _9\"></span>n at 31 March 2026<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span><table class=\"s wac hc0\" id=\"_b56cbcb4-90df-4a2a-8ee5-b5782c7b7466\"><tr><td></td><td></td><td class=\"t m0 x24d h15 y3297 ff3 fsd fc2 sc0 ls41 ws36\">Mitigated do<span class=\"_ _2\"></span>wnside </td></tr><tr><td></td><td></td><td class=\"t m0 x421 h15 y3298 ff3 fsd fc2 sc0 ls8c ws94\">scenario<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y3299 wad hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls74 ws1\">Key metri<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n x422 y3299 wae hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls3f ws3c\">31 Ma<span class=\"_ _9\"></span>rc<span class=\"_ _9\"></span>h 2026<span class=\"_ _335\"> </span></div></td><td class=\"c n x423 y3299 waf hbc\"><div class=\"t m0 x239 h15 y3229 ff3 fsd fc2 sc0 ls41 ws36\">30 September 2<span class=\"_ _11\"></span>02<span class=\"_ _11\"></span>7<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y329a wb0 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Se<span class=\"_ _9\"></span>curit<span class=\"_ _9\"></span>y G<span class=\"_ _9\"></span>roup L<span class=\"_ _11\"></span>T<span class=\"_ _9\"></span>V<span class=\"_ _335\"> </span></div></td><td class=\"c n x424 y329a wb1 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">41.6%<span class=\"_ _335\"> </span></div></td><td class=\"c n x425 y329a wb2 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">46.6%<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y329b wb3 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Adjus<span class=\"_ _9\"></span>ted ne<span class=\"_ _9\"></span>t de<span class=\"_ _9\"></span>bt<span class=\"_ _335\"> </span></div></td><td class=\"c n x426 y329b wb4 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">\u00a34,215m<span class=\"_ _335\"> </span></div></td><td class=\"c n x427 y329b wb5 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">\u00a34,608m<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3227 wb6 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">EPRA n<span class=\"_ _9\"></span>et tan<span class=\"_ _9\"></span>gible a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>ts<span class=\"_ _335\"> </span></div></td><td class=\"c n x428 y3227 wb7 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">\u00a36,574m<span class=\"_ _335\"> </span></div></td><td class=\"c n x429 y3227 wb8 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">\u00a35,768m<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3228 wb9 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Av<span class=\"_ _2\"></span>ailable fi<span class=\"_ _11\"></span>nancial headroom<span class=\"_ _335\"> </span></div></td><td class=\"c n x42a y3228 wba hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">\u00a31.3bn<span class=\"_ _335\"> </span></div></td><td class=\"c n x42b y3228 w51 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">\u00a30.4bn<span class=\"_ _335\"> </span></div></td></tr></table><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gsfb\">In our miti<span class=\"_ _9\"></span>gate<span class=\"_ _9\"></span>d dow<span class=\"_ _9\"></span>nsid<span class=\"_ _9\"></span>e scen<span class=\"_ _9\"></span>ario, the Gro<span class=\"_ _9\"></span>up has suffic<span class=\"_ _9\"></span>ient fin<span class=\"_ _9\"></span>ancial h<span class=\"_ _9\"></span>ea<span class=\"_ _9\"></span>droo<span class=\"_ _9\"></span>m, with ou<span class=\"_ _9\"></span>r Se<span class=\"_ _9\"></span>curit<span class=\"_ _9\"></span>y G<span class=\"_ _9\"></span>roup L<span class=\"_ _11\"></span>T<span class=\"_ _9\"></span>V r<span class=\"_ _9\"></span>atio re<span class=\"_ _9\"></span>mainin<span class=\"_ _9\"></span>g les<span class=\"_ _9\"></span>s than 65% </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gsfc\">and inter<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>t cover ab<span class=\"_ _9\"></span>ove 1.45x, for a peri<span class=\"_ _9\"></span>od of 16 month<span class=\"_ _9\"></span>s from th<span class=\"_ _9\"></span>e date o<span class=\"_ _9\"></span>f autho<span class=\"_ _9\"></span>risa<span class=\"_ _9\"></span>tion o<span class=\"_ _9\"></span>f thes<span class=\"_ _9\"></span>e financi<span class=\"_ _9\"></span>al s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s. Under this s<span class=\"_ _9\"></span>cen<span class=\"_ _9\"></span>ario, <span class=\"ls1\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gsfd\">the Se<span class=\"_ _9\"></span>curi<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s as<span class=\"_ _9\"></span>set val<span class=\"_ _9\"></span>ues wo<span class=\"_ _9\"></span>uld ne<span class=\"_ _9\"></span>ed to fall by a f<span class=\"_ _9\"></span>ur<span class=\"_ _9\"></span>the<span class=\"_ _9\"></span>r 28<span class=\"_ _2\"></span>% from the s<span class=\"_ _9\"></span>ensi<span class=\"_ _9\"></span>tise<span class=\"_ _9\"></span>d value<span class=\"_ _9\"></span>s fore<span class=\"_ _9\"></span>cas<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d at 30 S<span class=\"_ _9\"></span>epte<span class=\"_ _9\"></span>mbe<span class=\"_ _9\"></span>r 2027 to be non-<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gsfe\">comp<span class=\"_ _9\"></span>liant w<span class=\"_ _9\"></span>ith the L<span class=\"_ _2\"></span>T<span class=\"_ _9\"></span>V covenan<span class=\"_ _9\"></span>t. This equa<span class=\"_ _9\"></span>tes to a 36<span class=\"_ _2\"></span>% fall in the valu<span class=\"_ _9\"></span>e of the S<span class=\"_ _9\"></span>ecur<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>y Gr<span class=\"_ _9\"></span>oup\u2019<span class=\"_ _11\"></span>s as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ts fro<span class=\"_ _9\"></span>m the 31 March 2026 values for th<span class=\"_ _9\"></span>e </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gsff\">L<span class=\"_ _11\"></span>T<span class=\"_ _9\"></span>V to rea<span class=\"_ _9\"></span>ch 65%<span class=\"_ _2\"></span>. The Di<span class=\"_ _9\"></span>rec<span class=\"_ _9\"></span>to<span class=\"_ _9\"></span>rs co<span class=\"_ _9\"></span>nsid<span class=\"_ _9\"></span>er the likelih<span class=\"_ _9\"></span>oo<span class=\"_ _9\"></span>d of this o<span class=\"_ _9\"></span>ccurr<span class=\"_ _9\"></span>ing over th<span class=\"_ _9\"></span>e going c<span class=\"_ _9\"></span>onc<span class=\"_ _9\"></span>ern as<span class=\"_ _9\"></span>ses<span class=\"_ _9\"></span>sme<span class=\"_ _9\"></span>nt pe<span class=\"_ _9\"></span>rio<span class=\"_ _9\"></span>d to be rem<span class=\"_ _9\"></span>ote. </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs100\">The S<span class=\"_ _9\"></span>ecuri<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y Gro<span class=\"_ _9\"></span>up also re<span class=\"_ _9\"></span>quire<span class=\"_ _9\"></span>s ear<span class=\"_ _9\"></span>nings b<span class=\"_ _9\"></span>efo<span class=\"_ _9\"></span>re intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t of at l<span class=\"_ _9\"></span>eas<span class=\"_ _9\"></span>t \u00a3<span class=\"_ _9\"></span>277<span class=\"_ _2\"></span>m in the full ye<span class=\"_ _9\"></span>ar end<span class=\"_ _9\"></span>ing 31 March 2027 and at le<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>t \u00a3156m in the </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs101\">six-month per<span class=\"_ _9\"></span>iod e<span class=\"_ _9\"></span>nding 30 S<span class=\"_ _9\"></span>ep<span class=\"_ _9\"></span>temb<span class=\"_ _9\"></span>er 2027 for intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t cover to re<span class=\"_ _9\"></span>main ab<span class=\"_ _9\"></span>ove 1.<span class=\"_ _11\"></span>4<span class=\"_ _9\"></span>5x in the mi<span class=\"_ _9\"></span>tiga<span class=\"_ _9\"></span>ted dow<span class=\"_ _9\"></span>nsid<span class=\"_ _9\"></span>e sce<span class=\"_ _9\"></span>nario, whic<span class=\"_ _9\"></span>h would e<span class=\"_ _9\"></span>nsure<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs102\">compliance with<span class=\"_ _11\"></span> the Group\u2019<span class=\"_ _11\"></span>s cov<span class=\"_ _11\"></span>enant through t<span class=\"_ _11\"></span>o the end of the<span class=\"_ _2\"></span> going concern<span class=\"_ _2\"></span> assessment period.<span class=\"_ _2\"></span> Security Group earnings<span class=\"_ _2\"></span> post year end </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs103\">3<span class=\"_ _2\"></span>1 March 2026 are track<span class=\"_ _9\"></span>ing wel<span class=\"_ _9\"></span>l above the l<span class=\"_ _9\"></span>evel re<span class=\"_ _9\"></span>quire<span class=\"_ _9\"></span>d to me<span class=\"_ _9\"></span>et the in<span class=\"_ _9\"></span>tere<span class=\"_ _9\"></span>st c<span class=\"_ _9\"></span>over coven<span class=\"_ _9\"></span>ant for th<span class=\"_ _9\"></span>e year e<span class=\"_ _9\"></span>nde<span class=\"_ _9\"></span>d 3<span class=\"_ _2\"></span>1 March 2027<span class=\"_ _1\"></span>. The Dire<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tor<span class=\"_ _9\"></span>s </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs104\">do no<span class=\"_ _9\"></span>t anticip<span class=\"_ _9\"></span>ate a re<span class=\"_ _9\"></span>duc<span class=\"_ _a\"></span>tion in Se<span class=\"_ _9\"></span>curit<span class=\"_ _9\"></span>y G<span class=\"_ _9\"></span>roup e<span class=\"_ _9\"></span>arning<span class=\"_ _9\"></span>s over the p<span class=\"_ _9\"></span>eri<span class=\"_ _9\"></span>od en<span class=\"_ _9\"></span>ding 30 S<span class=\"_ _9\"></span>epte<span class=\"_ _9\"></span>mbe<span class=\"_ _9\"></span>r 2027 to a level that wo<span class=\"_ _9\"></span>uld re<span class=\"_ _9\"></span>sult in a b<span class=\"_ _9\"></span>rea<span class=\"_ _9\"></span>ch of<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs105\">the inter<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>t cover c<span class=\"_ _9\"></span>ovenant. </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs106\">The Dir<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>to<span class=\"_ _9\"></span>rs ha<span class=\"_ _9\"></span>ve also c<span class=\"_ _9\"></span>onsi<span class=\"_ _9\"></span>dere<span class=\"_ _9\"></span>d a rever<span class=\"_ _9\"></span>se s<span class=\"_ _9\"></span>tre<span class=\"_ _9\"></span>ss-tes<span class=\"_ _9\"></span>t sce<span class=\"_ _9\"></span>nari<span class=\"_ _9\"></span>o whic<span class=\"_ _9\"></span>h assum<span class=\"_ _9\"></span>es no f<span class=\"_ _9\"></span>ur<span class=\"_ _9\"></span>the<span class=\"_ _9\"></span>r rent w<span class=\"_ _9\"></span>ill be r<span class=\"_ _9\"></span>ece<span class=\"_ _9\"></span>ive<span class=\"_ _9\"></span>d, to determ<span class=\"_ _9\"></span>ine wh<span class=\"_ _9\"></span>en our<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs107\">available<span class=\"_ _2\"></span> cash resources<span class=\"_ _2\"></span> would be e<span class=\"_ _2\"></span>xhausted.<span class=\"_ _2\"></span> Ev<span class=\"_ _2\"></span>en under t<span class=\"_ _11\"></span>his ex<span class=\"_ _9\"></span>treme scenario<span class=\"_ _11\"></span>, although br<span class=\"_ _2\"></span>eaching the<span class=\"_ _2\"></span> interest cov<span class=\"_ _2\"></span>er cov<span class=\"_ _2\"></span>enant,<span class=\"_ _2\"></span> the Group </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs108\">continues<span class=\"_ _2\"></span> to have<span class=\"_ _2\"></span> suffici<span class=\"_ _2\"></span>ent cash r<span class=\"_ _2\"></span>eser<span class=\"_ _9\"></span>ves to con<span class=\"_ _2\"></span>tinue<span class=\"_ _2\"></span> in operation<span class=\"_ _2\"></span> throughout<span class=\"_ _2\"></span> the going<span class=\"_ _2\"></span> concern assessment period<span class=\"_ _11\"></span>.<span class=\"_ _9\"></span> </div><div class=\"t m9d h9 ff3 fs6 fc2 sc0 ls8e ws28 gs109\">Based on these considerat<span class=\"_ _2\"></span>ions, t<span class=\"_ _11\"></span>o<span class=\"_ _9\"></span>gether with ava<span class=\"_ _2\"></span>ilable mark<span class=\"_ _11\"></span>et information<span class=\"_ _2\"></span> and the<span class=\"_ _2\"></span> Directors\u2019 knowledge and experience<span class=\"_ _11\"></span> of the Group\u2019<span class=\"_ _1\"></span>s proper<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y </div><div class=\"t m9d h9 ff3 fs6 fc2 sc0 ls8e ws28 gs10a\">por<span class=\"_ _9\"></span>tfolio and mark<span class=\"_ _11\"></span>et<span class=\"_ _9\"></span>s, t<span class=\"_ _2\"></span>he Directors have adopted the<span class=\"_ _2\"></span> going concern<span class=\"_ _2\"></span> basis in pr<span class=\"_ _2\"></span>eparing these<span class=\"_ _2\"></span> financial<span class=\"_ _11\"></span> s<span class=\"_ _9\"></span>tatements for the<span class=\"_ _2\"></span> year ended 3<span class=\"_ _11\"></span>1 March<span class=\"_ _11\"></span> 2026<span class=\"_ _11\"></span>. </div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfGoingConcernExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-367": {
   "value": "<div class=\"t m0 h12 ff1 fsa fc2 sc0 ls3b ws38 gs10c\">BASIS OF<span class=\"_ _2\"></span> CONSOLID<span class=\"_ _11\"></span>A<span class=\"_ _11\"></span>TION </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs10d\">The co<span class=\"_ _9\"></span>nsol<span class=\"_ _9\"></span>idate<span class=\"_ _9\"></span>d finan<span class=\"_ _9\"></span>cial s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s for th<span class=\"_ _9\"></span>e year en<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>d 3<span class=\"_ _2\"></span>1 March 2026 incor<span class=\"_ _9\"></span>pora<span class=\"_ _9\"></span>te the finan<span class=\"_ _9\"></span>cial s<span class=\"_ _9\"></span>tate<span class=\"_ _9\"></span>men<span class=\"_ _9\"></span>ts of th<span class=\"_ _9\"></span>e Com<span class=\"_ _9\"></span>pany and all i<span class=\"_ _9\"></span>ts<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs10e\">subsidi<span class=\"_ _2\"></span>ary under<span class=\"_ _9\"></span>takings<span class=\"_ _2\"></span>. Subsid<span class=\"_ _2\"></span>iary under<span class=\"_ _9\"></span>takings a<span class=\"_ _2\"></span>re those<span class=\"_ _2\"></span> entities con<span class=\"_ _2\"></span>trolled b<span class=\"_ _2\"></span>y the Compan<span class=\"_ _11\"></span>y<span class=\"_ _11\"></span>. Control e<span class=\"_ _2\"></span>xists where an entity is exposed t<span class=\"_ _2\"></span>o </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs10f\">variabl<span class=\"_ _9\"></span>e retur<span class=\"_ _9\"></span>ns and h<span class=\"_ _9\"></span>as the ab<span class=\"_ _9\"></span>ilit<span class=\"_ _9\"></span>y to affe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t thos<span class=\"_ _9\"></span>e retur<span class=\"_ _9\"></span>ns throu<span class=\"_ _9\"></span>gh it<span class=\"_ _9\"></span>s powe<span class=\"_ _9\"></span>r over the inves<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>e.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs110\">The re<span class=\"_ _9\"></span>sult<span class=\"_ _9\"></span>s of subs<span class=\"_ _9\"></span>idiari<span class=\"_ _9\"></span>es and j<span class=\"_ _9\"></span>oint ventu<span class=\"_ _9\"></span>res ac<span class=\"_ _9\"></span>quire<span class=\"_ _9\"></span>d or dis<span class=\"_ _9\"></span>pos<span class=\"_ _9\"></span>ed of du<span class=\"_ _9\"></span>ring the ye<span class=\"_ _9\"></span>ar are in<span class=\"_ _9\"></span>clud<span class=\"_ _9\"></span>ed fro<span class=\"_ _9\"></span>m the effe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tive da<span class=\"_ _9\"></span>te of ac<span class=\"_ _9\"></span>quisi<span class=\"_ _9\"></span>tion or to<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs111\">the effe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tive da<span class=\"_ _9\"></span>te of dis<span class=\"_ _9\"></span>pos<span class=\"_ _9\"></span>al. Accounting p<span class=\"_ _9\"></span>oli<span class=\"_ _9\"></span>cies o<span class=\"_ _9\"></span>f subsidi<span class=\"_ _9\"></span>arie<span class=\"_ _9\"></span>s and join<span class=\"_ _9\"></span>t venture<span class=\"_ _9\"></span>s whi<span class=\"_ _9\"></span>ch differ fro<span class=\"_ _9\"></span>m Gro<span class=\"_ _9\"></span>up acco<span class=\"_ _9\"></span>unting p<span class=\"_ _9\"></span>olic<span class=\"_ _9\"></span>ies ar<span class=\"_ _9\"></span>e adjus<span class=\"_ _9\"></span>ted<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs112\">on consolidation<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs113\">Wher<span class=\"_ _9\"></span>e ins<span class=\"_ _9\"></span>trum<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s in a subsid<span class=\"_ _9\"></span>iar<span class=\"_ _9\"></span>y h<span class=\"_ _9\"></span>eld by third p<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s are re<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>emab<span class=\"_ _9\"></span>le at th<span class=\"_ _9\"></span>e opti<span class=\"_ _9\"></span>on of th<span class=\"_ _9\"></span>e hol<span class=\"_ _9\"></span>der<span class=\"_ _11\"></span>, the<span class=\"_ _9\"></span>se inte<span class=\"_ _9\"></span>res<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s are cl<span class=\"_ _9\"></span>assifie<span class=\"_ _9\"></span>d as a finan<span class=\"_ _9\"></span>cial<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs114\">liabili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>, call<span class=\"_ _9\"></span>ed the r<span class=\"_ _9\"></span>ede<span class=\"_ _9\"></span>mpti<span class=\"_ _9\"></span>on liabi<span class=\"_ _9\"></span>lit<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>. The li<span class=\"_ _9\"></span>abili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y is carri<span class=\"_ _9\"></span>ed a<span class=\"_ _9\"></span>t fair value; the value i<span class=\"_ _9\"></span>s rea<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>d at th<span class=\"_ _9\"></span>e bal<span class=\"_ _9\"></span>ance sh<span class=\"_ _9\"></span>ee<span class=\"_ _9\"></span>t da<span class=\"_ _9\"></span>te and move<span class=\"_ _9\"></span>ment<span class=\"_ _9\"></span>s are<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs115\">reco<span class=\"_ _9\"></span>gnis<span class=\"_ _9\"></span>ed in th<span class=\"_ _9\"></span>e sta<span class=\"_ _9\"></span>teme<span class=\"_ _9\"></span>nt of ch<span class=\"_ _9\"></span>ange<span class=\"_ _9\"></span>s in equ<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>y or th<span class=\"_ _9\"></span>e inco<span class=\"_ _9\"></span>me s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent. Movem<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s are re<span class=\"_ _9\"></span>cogni<span class=\"_ _9\"></span>sed i<span class=\"_ _9\"></span>n the s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent o<span class=\"_ _9\"></span>f chang<span class=\"_ _9\"></span>es in e<span class=\"_ _9\"></span>quit<span class=\"_ _9\"></span>y<span class=\"_ _9\"></span><span class=\"ls1\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs116\">if the opt<span class=\"_ _2\"></span>ion holder holds a<span class=\"_ _11\"></span> non-controlling<span class=\"_ _2\"></span> interest.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs117\">Wher<span class=\"_ _9\"></span>e equi<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y in a subsi<span class=\"_ _9\"></span>diar<span class=\"_ _9\"></span>y i<span class=\"_ _9\"></span>s not a<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>tribu<span class=\"_ _9\"></span>table, dire<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tly o<span class=\"_ _9\"></span>r indire<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tly<span class=\"_ _2\"></span>, to the shar<span class=\"_ _9\"></span>ehol<span class=\"_ _9\"></span>der<span class=\"_ _9\"></span>s of the p<span class=\"_ _9\"></span>are<span class=\"_ _9\"></span>nt, this is cl<span class=\"_ _9\"></span>assifie<span class=\"_ _9\"></span>d as a no<span class=\"_ _9\"></span>n-co<span class=\"_ _9\"></span>ntrollin<span class=\"_ _9\"></span>g </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs118\">intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t. T<span class=\"_ _11\"></span>otal com<span class=\"_ _9\"></span>preh<span class=\"_ _9\"></span>ensi<span class=\"_ _9\"></span>ve inco<span class=\"_ _9\"></span>me or l<span class=\"_ _9\"></span>oss an<span class=\"_ _9\"></span>d the to<span class=\"_ _9\"></span>tal equi<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y of the G<span class=\"_ _9\"></span>roup are a<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>tribu<span class=\"_ _9\"></span>ted to th<span class=\"_ _9\"></span>e share<span class=\"_ _9\"></span>hol<span class=\"_ _9\"></span>der<span class=\"_ _9\"></span>s of the p<span class=\"_ _9\"></span>aren<span class=\"_ _9\"></span>t and to the<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs119\">non-control<span class=\"_ _2\"></span>ling i<span class=\"_ _2\"></span>nterests according t<span class=\"_ _11\"></span>o their respec<span class=\"_ _9\"></span>tive o<span class=\"_ _2\"></span>wnership percentages<span class=\"_ _11\"></span>. When the proportion of equity held by<span class=\"_ _2\"></span> the non-con<span class=\"_ _2\"></span>trolli<span class=\"_ _2\"></span>ng </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs11a\">interest changes<span class=\"_ _2\"></span>, the Grou<span class=\"_ _2\"></span>p will ad<span class=\"_ _11\"></span>jus<span class=\"_ _9\"></span>t the ca<span class=\"_ _2\"></span>rrying amounts of equity attributable to<span class=\"_ _11\"></span> the shareholders of the par<span class=\"_ _2\"></span>ent and non<span class=\"_ _11\"></span>-controlling </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs11b\">intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t to reflec<span class=\"_ _a\"></span>t the chang<span class=\"_ _9\"></span>es in th<span class=\"_ _9\"></span>eir rel<span class=\"_ _9\"></span>ative in<span class=\"_ _9\"></span>tere<span class=\"_ _9\"></span>st<span class=\"_ _9\"></span>s in the su<span class=\"_ _9\"></span>bsidia<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>. The G<span class=\"_ _9\"></span>roup sh<span class=\"_ _9\"></span>all rec<span class=\"_ _9\"></span>ognis<span class=\"_ _9\"></span>e dire<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tly in e<span class=\"_ _9\"></span>quit<span class=\"_ _9\"></span>y any differ<span class=\"_ _9\"></span>enc<span class=\"_ _9\"></span>e be<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>ween<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs11c\">the amo<span class=\"_ _9\"></span>unt by whi<span class=\"_ _9\"></span>ch the no<span class=\"_ _9\"></span>n-co<span class=\"_ _9\"></span>ntrollin<span class=\"_ _9\"></span>g intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t is adjus<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d and the f<span class=\"_ _9\"></span>air value of th<span class=\"_ _9\"></span>e con<span class=\"_ _9\"></span>side<span class=\"_ _9\"></span>ratio<span class=\"_ _9\"></span>n paid o<span class=\"_ _9\"></span>r rec<span class=\"_ _9\"></span>eive<span class=\"_ _9\"></span>d, and at<span class=\"_ _9\"></span>trib<span class=\"_ _9\"></span>ute i<span class=\"_ _9\"></span>t to the </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs11d\">shareholders of t<span class=\"_ _2\"></span>he parent<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs11e\">Joint ar<span class=\"_ _9\"></span>range<span class=\"_ _9\"></span>ment<span class=\"_ _9\"></span>s are th<span class=\"_ _9\"></span>ose en<span class=\"_ _9\"></span>titie<span class=\"_ _9\"></span>s over wh<span class=\"_ _9\"></span>ose a<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tiv<span class=\"_ _9\"></span>itie<span class=\"_ _9\"></span>s the Gro<span class=\"_ _9\"></span>up has j<span class=\"_ _9\"></span>oint co<span class=\"_ _9\"></span>ntrol, es<span class=\"_ _9\"></span>tabli<span class=\"_ _9\"></span>she<span class=\"_ _9\"></span>d by contra<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tual a<span class=\"_ _9\"></span>gree<span class=\"_ _9\"></span>men<span class=\"_ _9\"></span>t. Interes<span class=\"_ _9\"></span>ts in j<span class=\"_ _9\"></span>oint<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs11f\">arrang<span class=\"_ _9\"></span>eme<span class=\"_ _9\"></span>nts ar<span class=\"_ _9\"></span>e acco<span class=\"_ _9\"></span>unted fo<span class=\"_ _9\"></span>r as ei<span class=\"_ _9\"></span>ther a j<span class=\"_ _9\"></span>oint ventu<span class=\"_ _9\"></span>re or a jo<span class=\"_ _9\"></span>int op<span class=\"_ _9\"></span>erati<span class=\"_ _9\"></span>on. A joint arran<span class=\"_ _9\"></span>gem<span class=\"_ _9\"></span>ent is a<span class=\"_ _9\"></span>ccou<span class=\"_ _9\"></span>nted fo<span class=\"_ _9\"></span>r as a join<span class=\"_ _9\"></span>t venture w<span class=\"_ _9\"></span>hen<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs120\">the Gro<span class=\"_ _9\"></span>up, along wi<span class=\"_ _9\"></span>th the o<span class=\"_ _9\"></span>ther p<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s tha<span class=\"_ _9\"></span>t have j<span class=\"_ _9\"></span>oint co<span class=\"_ _9\"></span>ntrol of th<span class=\"_ _9\"></span>e arran<span class=\"_ _9\"></span>gem<span class=\"_ _9\"></span>ent, ha<span class=\"_ _9\"></span>ve right<span class=\"_ _9\"></span>s to the ne<span class=\"_ _9\"></span>t as<span class=\"_ _9\"></span>set<span class=\"_ _9\"></span>s of th<span class=\"_ _9\"></span>e arrang<span class=\"_ _9\"></span>eme<span class=\"_ _9\"></span>nt. Interes<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs121\">in joint ve<span class=\"_ _9\"></span>ntures a<span class=\"_ _9\"></span>re equi<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y acc<span class=\"_ _9\"></span>ounte<span class=\"_ _9\"></span>d. The equi<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y me<span class=\"_ _9\"></span>thod r<span class=\"_ _9\"></span>equire<span class=\"_ _9\"></span>s the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _11\"></span>s s<span class=\"_ _9\"></span>hare of th<span class=\"_ _9\"></span>e joint ve<span class=\"_ _9\"></span>nture\u2019<span class=\"_ _11\"></span>s p<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>t-tax profi<span class=\"_ _9\"></span>t or los<span class=\"_ _9\"></span>s for th<span class=\"_ _9\"></span>e year<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs122\">to be pre<span class=\"_ _9\"></span>sen<span class=\"_ _9\"></span>ted se<span class=\"_ _9\"></span>para<span class=\"_ _9\"></span>tely i<span class=\"_ _9\"></span>n the inco<span class=\"_ _9\"></span>me s<span class=\"_ _9\"></span>tate<span class=\"_ _9\"></span>ment a<span class=\"_ _9\"></span>nd the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _11\"></span>s s<span class=\"_ _9\"></span>hare of th<span class=\"_ _9\"></span>e joint ve<span class=\"_ _9\"></span>nture\u2019<span class=\"_ _11\"></span>s n<span class=\"_ _9\"></span>et a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>ts to b<span class=\"_ _9\"></span>e pre<span class=\"_ _9\"></span>sente<span class=\"_ _9\"></span>d se<span class=\"_ _9\"></span>para<span class=\"_ _9\"></span>tely in th<span class=\"_ _9\"></span>e </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs123\">balan<span class=\"_ _9\"></span>ce sh<span class=\"_ _9\"></span>ee<span class=\"_ _9\"></span>t. A joint arrang<span class=\"_ _9\"></span>eme<span class=\"_ _9\"></span>nt is ac<span class=\"_ _9\"></span>counte<span class=\"_ _9\"></span>d for a<span class=\"_ _9\"></span>s a joint o<span class=\"_ _9\"></span>pera<span class=\"_ _9\"></span>tion w<span class=\"_ _9\"></span>he<span class=\"_ _9\"></span>n the Gro<span class=\"_ _9\"></span>up, along wi<span class=\"_ _9\"></span>th the p<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s that h<span class=\"_ _9\"></span>ave jo<span class=\"_ _9\"></span>int con<span class=\"_ _9\"></span>trol of th<span class=\"_ _9\"></span>e </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs124\">arrangement<span class=\"_ _11\"></span>, have rights to<span class=\"_ _11\"></span> the asset<span class=\"_ _9\"></span>s and obli<span class=\"_ _2\"></span>gations for<span class=\"_ _2\"></span> the lia<span class=\"_ _2\"></span>bilities relat<span class=\"_ _2\"></span>ing to<span class=\"_ _11\"></span> the arrangement<span class=\"_ _11\"></span>. Joint operations a<span class=\"_ _2\"></span>re account<span class=\"_ _2\"></span>ed for b<span class=\"_ _2\"></span>y </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs125\">inclu<span class=\"_ _9\"></span>ding the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _2\"></span>s share of th<span class=\"_ _9\"></span>e as<span class=\"_ _9\"></span>set<span class=\"_ _9\"></span>s, liabili<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s, incom<span class=\"_ _9\"></span>e and exp<span class=\"_ _9\"></span>ens<span class=\"_ _9\"></span>es o<span class=\"_ _9\"></span>n a line-by-line bas<span class=\"_ _9\"></span>is.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs126\">Intra<span class=\"_ _11\"></span>-group balances and a<span class=\"_ _11\"></span>ny unrealised ga<span class=\"_ _2\"></span>ins and<span class=\"_ _2\"></span> losses arising<span class=\"_ _11\"></span> from intra<span class=\"_ _2\"></span>-group t<span class=\"_ _2\"></span>ransactions are el<span class=\"_ _2\"></span>iminated i<span class=\"_ _11\"></span>n preparing the consoli<span class=\"_ _2\"></span>dated </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs127\">financi<span class=\"_ _9\"></span>al sta<span class=\"_ _9\"></span>teme<span class=\"_ _9\"></span>nts. Unre<span class=\"_ _9\"></span>alis<span class=\"_ _9\"></span>ed gain<span class=\"_ _9\"></span>s arisin<span class=\"_ _9\"></span>g from tran<span class=\"_ _9\"></span>sac<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>ons w<span class=\"_ _9\"></span>ith jo<span class=\"_ _9\"></span>int venture<span class=\"_ _9\"></span>s are el<span class=\"_ _9\"></span>imina<span class=\"_ _9\"></span>ted to the ex<span class=\"_ _a\"></span>tent of the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _11\"></span>s in<span class=\"_ _9\"></span>teres<span class=\"_ _9\"></span>t in th<span class=\"_ _9\"></span>e </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs128\">joint ve<span class=\"_ _9\"></span>nture co<span class=\"_ _9\"></span>ncer<span class=\"_ _9\"></span>ned. Unre<span class=\"_ _9\"></span>alise<span class=\"_ _9\"></span>d los<span class=\"_ _9\"></span>ses a<span class=\"_ _9\"></span>re elimin<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>d in the sam<span class=\"_ _9\"></span>e way<span class=\"_ _11\"></span>, b<span class=\"_ _9\"></span>ut on<span class=\"_ _9\"></span>ly to the ex<span class=\"_ _a\"></span>tent that th<span class=\"_ _9\"></span>ere is n<span class=\"_ _9\"></span>o evid<span class=\"_ _9\"></span>ence o<span class=\"_ _9\"></span>f impa<span class=\"_ _9\"></span>irmen<span class=\"_ _9\"></span>t.<span class=\"_ _335\"> </span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfBasisOfConsolidationExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-478": {
   "value": "2<span class=\"_ _1c0\"> </span><span class=\"fc4 lsd2 wsf3\">SIGNIFICANT<span class=\"_ _2\"></span> A<span class=\"_ _2\"></span>CCOUNTING<span class=\"_ _11\"></span> J<span class=\"_ _9\"></span>UDGEMENTS AND ESTIMA<span class=\"_ _1\"></span>TES<span class=\"_ _335\"> </span></span>The preparation<span class=\"_ _11\"></span> of financial statements i<span class=\"_ _2\"></span>n conform<span class=\"_ _2\"></span>ity with IFRS r<span class=\"_ _2\"></span>equires management<span class=\"_ _2\"></span> to ex<span class=\"_ _11\"></span>ercise judgement in a<span class=\"_ _11\"></span>pp<span class=\"_ _9\"></span>lying the Gr<span class=\"_ _2\"></span>oup\u2019<span class=\"_ _1\"></span>s acco<span class=\"_ _9\"></span>unting p<span class=\"_ _9\"></span>olic<span class=\"_ _9\"></span>ies. The are<span class=\"_ _9\"></span>as w<span class=\"_ _9\"></span>here th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up cons<span class=\"_ _9\"></span>ider<span class=\"_ _9\"></span>s the ju<span class=\"_ _9\"></span>dge<span class=\"_ _9\"></span>ment<span class=\"_ _9\"></span>s to be m<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>t signific<span class=\"_ _9\"></span>ant involve a<span class=\"_ _9\"></span>ssump<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>s or key es<span class=\"_ _9\"></span>tima<span class=\"_ _9\"></span>tes in<span class=\"_ _9\"></span> resp<span class=\"_ _9\"></span>ec<span class=\"_ _a\"></span>t of future eve<span class=\"_ _9\"></span>nts, w<span class=\"_ _9\"></span>here a<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tual re<span class=\"_ _9\"></span>sult<span class=\"_ _9\"></span>s ma<span class=\"_ _9\"></span>y differ fro<span class=\"_ _9\"></span>m thes<span class=\"_ _9\"></span>e es<span class=\"_ _9\"></span>tima<span class=\"_ _9\"></span>tes. The<span class=\"_ _9\"></span>se key es<span class=\"_ _9\"></span>tima<span class=\"_ _9\"></span>tes are de<span class=\"_ _9\"></span>em<span class=\"_ _9\"></span>ed to ha<span class=\"_ _9\"></span>ve a signific<span class=\"_ _9\"></span>ant risk o<span class=\"_ _9\"></span>f causin<span class=\"_ _9\"></span>g a mate<span class=\"_ _9\"></span>rial adju<span class=\"_ _9\"></span>stm<span class=\"_ _9\"></span>ent to th<span class=\"_ _9\"></span>e carr<span class=\"_ _9\"></span>y<span class=\"_ _9\"></span>ing am<span class=\"_ _9\"></span>ount<span class=\"_ _9\"></span>s of as<span class=\"_ _9\"></span>set<span class=\"_ _9\"></span>s and li<span class=\"_ _9\"></span>abilit<span class=\"_ _9\"></span>ies w<span class=\"_ _9\"></span>ithin th<span class=\"_ _9\"></span>e nex<span class=\"_ _9\"></span>t finan<span class=\"_ _9\"></span>cial ye<span class=\"_ _9\"></span>ar<span class=\"_ _1\"></span>. O<span class=\"_ _9\"></span>th<span class=\"_ _9\"></span>er so<span class=\"_ _9\"></span>urce<span class=\"_ _9\"></span>s of es<span class=\"_ _9\"></span>tim<span class=\"_ _9\"></span>atio<span class=\"_ _9\"></span>n uncer<span class=\"_ _a\"></span>tainties id<span class=\"_ _9\"></span>entifie<span class=\"_ _9\"></span>d be<span class=\"_ _9\"></span>low are e<span class=\"_ _9\"></span>stim<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>s dee<span class=\"_ _9\"></span>me<span class=\"_ _9\"></span>d to have a l<span class=\"_ _9\"></span>ower ris<span class=\"_ _9\"></span>k of caus<span class=\"_ _9\"></span>ing a ma<span class=\"_ _9\"></span>terial a<span class=\"_ _9\"></span>djus<span class=\"_ _9\"></span>tmen<span class=\"_ _9\"></span>t to the carr<span class=\"_ _a\"></span>ying amo<span class=\"_ _9\"></span>unts o<span class=\"_ _9\"></span>f ass<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s and liab<span class=\"_ _9\"></span>ilitie<span class=\"_ _9\"></span>s wi<span class=\"_ _9\"></span>thin the ne<span class=\"_ _9\"></span>x<span class=\"_ _9\"></span>t financi<span class=\"_ _9\"></span>al year<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>JUDGEMENTS<span class=\"_ _335\"> </span>\u2022 Recognisi<span class=\"_ _2\"></span>ng rev<span class=\"_ _2\"></span>enue where propert<span class=\"_ _9\"></span>y management activities are performed by a<span class=\"_ _2\"></span> thir<span class=\"_ _2\"></span>d part<span class=\"_ _9\"></span>y (<span class=\"_ _11\"></span>note 6<span class=\"_ _11\"></span>)<span class=\"_ _335\"> </span>\u2022 Comp<span class=\"_ _9\"></span>lianc<span class=\"_ _9\"></span>e wi<span class=\"_ _9\"></span>th the Real E<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>tate Inves<span class=\"_ _9\"></span>tme<span class=\"_ _9\"></span>nt T<span class=\"_ _11\"></span>ru<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t (REIT) taxatio<span class=\"_ _9\"></span>n reg<span class=\"_ _9\"></span>ime and th<span class=\"_ _9\"></span>e rec<span class=\"_ _9\"></span>ogni<span class=\"_ _9\"></span>tion of d<span class=\"_ _9\"></span>efe<span class=\"_ _9\"></span>rred ta<span class=\"_ _9\"></span>x ass<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s and liab<span class=\"_ _9\"></span>ilitie<span class=\"_ _9\"></span>s (<span class=\"_ _11\"></span>n<span class=\"_ _9\"></span>ote 11<span class=\"_ _2\"></span>)<span class=\"_ _335\"> </span>\u2022 Accounti<span class=\"_ _11\"></span>ng for cer<span class=\"_ _9\"></span>tain pr<span class=\"_ _2\"></span>oper<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y acquisit<span class=\"_ _2\"></span>ions and<span class=\"_ _2\"></span> disposals (<span class=\"_ _1\"></span>note 13<span class=\"_ _2\"></span>)<span class=\"_ _335\"> </span>KE<span class=\"_ _9\"></span>Y ESTI<span class=\"_ _9\"></span>MA<span class=\"_ _11\"></span>TE<span class=\"_ _9\"></span>S<span class=\"_ _335\"> </span>\u2022 V<span class=\"_ _11\"></span>aluation of i<span class=\"_ _2\"></span>nvestment properties (<span class=\"_ _11\"></span>note 1<span class=\"_ _11\"></span>3)<span class=\"_ _335\"> </span>OTHER<span class=\"_ _2\"></span> SOURCES OF<span class=\"_ _11\"></span> E<span class=\"_ _9\"></span>STIMA<span class=\"_ _11\"></span>TION<span class=\"_ _2\"></span> UNCERT<span class=\"_ _1\"></span>AINTIES<span class=\"_ _335\"> </span>\u2022 V<span class=\"_ _11\"></span>aluation of t<span class=\"_ _2\"></span>rading pr<span class=\"_ _2\"></span>oper<span class=\"_ _9\"></span>ties and o<span class=\"_ _2\"></span>wner<span class=\"_ _2\"></span>-occupied propert<span class=\"_ _9\"></span>y (<span class=\"_ _11\"></span>note 1<span class=\"_ _2\"></span>4 and note<span class=\"_ _11\"></span> 18<span class=\"_ _2\"></span>) \u2022 Impair<span class=\"_ _9\"></span>ment o<span class=\"_ _9\"></span>f trade r<span class=\"_ _9\"></span>ece<span class=\"_ _9\"></span>ivabl<span class=\"_ _9\"></span>es (<span class=\"_ _2\"></span>note 26<span class=\"_ _11\"></span>)<span class=\"_ _335\"> </span>\u2022 Es<span class=\"_ _9\"></span>tima<span class=\"_ _9\"></span>tion o<span class=\"_ _9\"></span>f provi<span class=\"_ _9\"></span>sion<span class=\"_ _9\"></span>s (<span class=\"_ _11\"></span>no<span class=\"_ _9\"></span>te 33)<span class=\"_ _335\"> </span>In prepari<span class=\"_ _2\"></span>ng the fi<span class=\"_ _11\"></span>nancial statements, the<span class=\"_ _2\"></span> Group has c<span class=\"_ _2\"></span>onsidered the i<span class=\"_ _11\"></span>mp<span class=\"_ _9\"></span>ac<span class=\"_ _9\"></span>t of cli<span class=\"_ _11\"></span>m<span class=\"_ _9\"></span>ate change<span class=\"_ _11\"></span>, taking in<span class=\"_ _2\"></span>to accou<span class=\"_ _2\"></span>nt the r<span class=\"_ _2\"></span>elevant<span class=\"_ _11\"></span> disclosures in the<span class=\"_ _2\"></span> Str<span class=\"_ _2\"></span>ategic R<span class=\"_ _11\"></span>ep<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>t, inc<span class=\"_ _2\"></span>luding t<span class=\"_ _2\"></span>hose made in<span class=\"_ _11\"></span> accordance with the recommendations<span class=\"_ _11\"></span> of the T<span class=\"_ _11\"></span>ask F<span class=\"_ _2\"></span>orce on C<span class=\"_ _2\"></span>limate-<span class=\"_ _2\"></span>related Financ<span class=\"_ _2\"></span>ial Disclosures<span class=\"_ _11\"></span>. These considerations i<span class=\"_ _2\"></span>ncluded the l<span class=\"_ _2\"></span>imited exposu<span class=\"_ _2\"></span>re in<span class=\"_ _2\"></span> terms of<span class=\"_ _2\"></span> our in<span class=\"_ _11\"></span>ves<span class=\"_ _9\"></span>tment properties to achie<span class=\"_ _2\"></span>ve our<span class=\"_ _11\"></span> science-based target b<span class=\"_ _2\"></span>y 2030 (<span class=\"_ _11\"></span>no<span class=\"_ _9\"></span>te cos<span class=\"_ _9\"></span>ts w<span class=\"_ _9\"></span>ill fluc<span class=\"_ _9\"></span>tu<span class=\"_ _9\"></span>ate ye<span class=\"_ _9\"></span>ar on year a<span class=\"_ _9\"></span>s we acc<span class=\"_ _9\"></span>ount fo<span class=\"_ _9\"></span>r chang<span class=\"_ _9\"></span>es in infla<span class=\"_ _9\"></span>tion and p<span class=\"_ _9\"></span>or<span class=\"_ _a\"></span>tfoli<span class=\"_ _9\"></span>o comp<span class=\"_ _9\"></span>osi<span class=\"_ _9\"></span>tion)<span class=\"_ _1\"></span>. Relate<span class=\"_ _9\"></span>d capi<span class=\"_ _9\"></span>tal expe<span class=\"_ _9\"></span>nditu<span class=\"_ _9\"></span>re and the ex<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ted im<span class=\"_ _9\"></span>pac<span class=\"_ _a\"></span>t on ER<span class=\"_ _11\"></span>Vs asso<span class=\"_ _9\"></span>ciate<span class=\"_ _9\"></span>d wi<span class=\"_ _9\"></span>th this co<span class=\"_ _9\"></span>mmitm<span class=\"_ _9\"></span>ent ha<span class=\"_ _9\"></span>ve be<span class=\"_ _9\"></span>en fa<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tore<span class=\"_ _9\"></span>d wi<span class=\"_ _9\"></span>thin prop<span class=\"_ _9\"></span>er<span class=\"_ _a\"></span>ty valu<span class=\"_ _9\"></span>atio<span class=\"_ _9\"></span>ns. On this b<span class=\"_ _9\"></span>asis, the G<span class=\"_ _9\"></span>roup<span class=\"_ _9\"></span> has concluded t<span class=\"_ _2\"></span>hat climate<span class=\"_ _2\"></span> change did<span class=\"_ _2\"></span> not have a mat<span class=\"_ _2\"></span>erial i<span class=\"_ _2\"></span>mpac<span class=\"_ _9\"></span>t on the<span class=\"_ _2\"></span> financia<span class=\"_ _2\"></span>l reporting judgements and estimates<span class=\"_ _2\"></span>, consistent with the as<span class=\"_ _9\"></span>ses<span class=\"_ _9\"></span>sme<span class=\"_ _9\"></span>nt tha<span class=\"_ _9\"></span>t this is no<span class=\"_ _9\"></span>t exp<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d to ha<span class=\"_ _9\"></span>ve a significan<span class=\"_ _9\"></span>t impa<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t on th<span class=\"_ _9\"></span>e Group\u2019<span class=\"_ _2\"></span>s going c<span class=\"_ _9\"></span>onc<span class=\"_ _9\"></span>ern or v<span class=\"_ _9\"></span>iabili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y as<span class=\"_ _9\"></span>ses<span class=\"_ _9\"></span>sme<span class=\"_ _9\"></span>nt.<span class=\"_ _335\"> </span>S<span class=\"_ _87\"> </span><span class=\"fc2 lsd0 wsa4\">SIGNIFICANT<span class=\"_ _11\"></span> ACCOUNTING<span class=\"_ _11\"></span> JU<span class=\"_ _9\"></span>DGEMENT<span class=\"_ _335\"> </span></span>For those pr<span class=\"_ _9\"></span>ope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s whe<span class=\"_ _9\"></span>re the p<span class=\"_ _9\"></span>rope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y ma<span class=\"_ _9\"></span>nage<span class=\"_ _9\"></span>men<span class=\"_ _9\"></span>t ac<span class=\"_ _9\"></span>tiv<span class=\"_ _9\"></span>itie<span class=\"_ _9\"></span>s are p<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>fo<span class=\"_ _9\"></span>rme<span class=\"_ _9\"></span>d by a third par<span class=\"_ _a\"></span>ty<span class=\"_ _11\"></span>, th<span class=\"_ _9\"></span>e Grou<span class=\"_ _9\"></span>p consi<span class=\"_ _9\"></span>der<span class=\"_ _9\"></span>s the third p<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y to b<span class=\"_ _9\"></span>e the<span class=\"_ _335\"> </span>principal<span class=\"_ _2\"></span> delivering<span class=\"_ _2\"></span> the service. The<span class=\"_ _11\"></span> key factors considered b<span class=\"_ _2\"></span>y the Grou<span class=\"_ _11\"></span>p when making this j<span class=\"_ _2\"></span>udgement include<span class=\"_ _2\"></span> the follo<span class=\"_ _11\"></span>w<span class=\"_ _9\"></span>ing responsibi<span class=\"_ _2\"></span>lities of<span class=\"_ _335\"> </span>the third p<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y:<span class=\"_ _335\"> </span>\u2022<span class=\"_ _335\"> </span>selec<span class=\"_ _9\"></span>ting su<span class=\"_ _2\"></span>ppliers and ens<span class=\"_ _11\"></span>uring all services are delivered<span class=\"_ _335\"> </span>\u2022<span class=\"_ _335\"> </span>establishing pr<span class=\"_ _2\"></span>ices and seeking<span class=\"_ _2\"></span> efficiencies<span class=\"_ _335\"> </span>\u2022<span class=\"_ _335\"> </span>risk management<span class=\"_ _2\"></span> and complia<span class=\"_ _2\"></span>nce<span class=\"_ _335\"> </span>In addi<span class=\"_ _9\"></span>tion, the re<span class=\"_ _9\"></span>sidu<span class=\"_ _9\"></span>al right<span class=\"_ _9\"></span>s re<span class=\"_ _9\"></span>siding w<span class=\"_ _9\"></span>ith th<span class=\"_ _9\"></span>e Group a<span class=\"_ _9\"></span>re gen<span class=\"_ _9\"></span>erall<span class=\"_ _9\"></span>y pro<span class=\"_ _9\"></span>tec<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>ve in natur<span class=\"_ _9\"></span>e.<span class=\"_ _335\"> </span>S<span class=\"_ _87\"> </span><span class=\"fc2 lsd0 wsa4\">SIGNIFICANT<span class=\"_ _11\"></span> ACCOUNTING<span class=\"_ _11\"></span> JU<span class=\"_ _9\"></span>DGEMENT<span class=\"_ _335\"> </span></span>The Gr<span class=\"_ _9\"></span>oup is a Real E<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>tate Inves<span class=\"_ _9\"></span>tm<span class=\"_ _9\"></span>ent T<span class=\"_ _11\"></span>r<span class=\"_ _9\"></span>us<span class=\"_ _9\"></span>t (\u2018REIT\u2019)<span class=\"_ _1\"></span>. As a re<span class=\"_ _9\"></span>sult, the G<span class=\"_ _9\"></span>roup d<span class=\"_ _9\"></span>oe<span class=\"_ _9\"></span>s not p<span class=\"_ _9\"></span>ay UK c<span class=\"_ _9\"></span>orp<span class=\"_ _9\"></span>orati<span class=\"_ _9\"></span>on tax on i<span class=\"_ _9\"></span>ts p<span class=\"_ _9\"></span>rofit<span class=\"_ _9\"></span>s and gai<span class=\"_ _9\"></span>ns from th<span class=\"_ _9\"></span>e qualif<span class=\"_ _a\"></span>ying rental b<span class=\"_ _9\"></span>usine<span class=\"_ _9\"></span>ss in th<span class=\"_ _9\"></span>e UK. No<span class=\"_ _9\"></span>n-qual<span class=\"_ _9\"></span>if<span class=\"_ _9\"></span>yin<span class=\"_ _9\"></span>g profit<span class=\"_ _9\"></span>s and g<span class=\"_ _9\"></span>ains of th<span class=\"_ _9\"></span>e Grou<span class=\"_ _9\"></span>p continu<span class=\"_ _9\"></span>e to be subje<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t to co<span class=\"_ _9\"></span>rpor<span class=\"_ _9\"></span>atio<span class=\"_ _9\"></span>n tax as no<span class=\"_ _9\"></span>rmal. In order<span class=\"_ _9\"></span> to maintain gro<span class=\"_ _9\"></span>up REIT sta<span class=\"_ _9\"></span>tus, cer<span class=\"_ _a\"></span>tain ongoi<span class=\"_ _9\"></span>ng cri<span class=\"_ _9\"></span>teria mu<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t be me<span class=\"_ _9\"></span>t. The main c<span class=\"_ _9\"></span>riter<span class=\"_ _9\"></span>ia are as fo<span class=\"_ _9\"></span>llow<span class=\"_ _9\"></span>s:<span class=\"_ _335\"> </span>\u2022 at the s<span class=\"_ _9\"></span>tar<span class=\"_ _a\"></span>t of each a<span class=\"_ _9\"></span>ccoun<span class=\"_ _9\"></span>ting p<span class=\"_ _9\"></span>erio<span class=\"_ _9\"></span>d, the ass<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s of the ta<span class=\"_ _9\"></span>x exemp<span class=\"_ _9\"></span>t busin<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>s mus<span class=\"_ _9\"></span>t be a<span class=\"_ _9\"></span>t lea<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t 75<span class=\"_ _11\"></span>% o<span class=\"_ _9\"></span>f the total val<span class=\"_ _9\"></span>ue of the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _2\"></span>s ass<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s;<span class=\"_ _335\"> </span>\u2022 at le<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>t 75<span class=\"_ _2\"></span>% of the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _11\"></span>s to<span class=\"_ _9\"></span>tal profit<span class=\"_ _9\"></span>s mus<span class=\"_ _9\"></span>t ar<span class=\"_ _9\"></span>ise fro<span class=\"_ _9\"></span>m the tax exem<span class=\"_ _9\"></span>pt bu<span class=\"_ _9\"></span>sine<span class=\"_ _9\"></span>ss; and<span class=\"_ _335\"> </span>\u2022 at le<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>t 90% of the no<span class=\"_ _9\"></span>tional ta<span class=\"_ _9\"></span>xable p<span class=\"_ _9\"></span>rofit of th<span class=\"_ _9\"></span>e prop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y r<span class=\"_ _9\"></span>ental bu<span class=\"_ _9\"></span>sine<span class=\"_ _9\"></span>ss mus<span class=\"_ _9\"></span>t b<span class=\"_ _9\"></span>e dis<span class=\"_ _9\"></span>trib<span class=\"_ _9\"></span>uted.<span class=\"_ _335\"> </span>The Directors intend<span class=\"_ _2\"></span> that the Gr<span class=\"_ _2\"></span>oup should<span class=\"_ _2\"></span> continue<span class=\"_ _11\"></span> as a REIT<span class=\"_ _2\"></span> for the<span class=\"_ _2\"></span> foreseeable future<span class=\"_ _11\"></span>, with the result<span class=\"_ _2\"></span> that deferred t<span class=\"_ _11\"></span>ax is no longer recognised on tem<span class=\"_ _2\"></span>porary differences relating<span class=\"_ _11\"></span> to the propert<span class=\"_ _9\"></span>y rental bu<span class=\"_ _2\"></span>siness.<span class=\"_ _335\"> </span>Deferred tax assets and<span class=\"_ _2\"></span> liabil<span class=\"_ _2\"></span>ities require<span class=\"_ _11\"></span> management judgement in determ<span class=\"_ _2\"></span>ining<span class=\"_ _2\"></span> the amounts<span class=\"_ _11\"></span>, if any<span class=\"_ _1\"></span>, to be recognised<span class=\"_ _11\"></span>. In particular<span class=\"_ _1\"></span>, judgement is r<span class=\"_ _2\"></span>equired when assessing t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>e extent to<span class=\"_ _2\"></span> which deferred t<span class=\"_ _11\"></span>ax asset<span class=\"_ _9\"></span>s should be recogn<span class=\"_ _2\"></span>ised, t<span class=\"_ _2\"></span>aking in<span class=\"_ _2\"></span>to accou<span class=\"_ _2\"></span>nt the e<span class=\"_ _2\"></span>xpec<span class=\"_ _9\"></span>ted timi<span class=\"_ _2\"></span>ng and leve<span class=\"_ _9\"></span>l of futu<span class=\"_ _9\"></span>re taxabl<span class=\"_ _9\"></span>e incom<span class=\"_ _9\"></span>e. Defer<span class=\"_ _9\"></span>red tax a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s are onl<span class=\"_ _9\"></span>y rec<span class=\"_ _9\"></span>ognis<span class=\"_ _9\"></span>ed w<span class=\"_ _9\"></span>hen m<span class=\"_ _9\"></span>anag<span class=\"_ _9\"></span>eme<span class=\"_ _9\"></span>nt be<span class=\"_ _9\"></span>lieves i<span class=\"_ _9\"></span>t is pro<span class=\"_ _9\"></span>bab<span class=\"_ _9\"></span>le tha<span class=\"_ _9\"></span>t futur<span class=\"_ _9\"></span>e taxable<span class=\"_ _9\"></span> profits will<span class=\"_ _2\"></span> be availa<span class=\"_ _2\"></span>ble against which t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>e deductible temporary differences c<span class=\"_ _2\"></span>an be util<span class=\"_ _11\"></span>ise<span class=\"_ _9\"></span>d.<span class=\"_ _335\"> </span><div class=\"t m0 h4a ff1 fs1 fc0 sc0 ls1 ws1 gs25d\">S<span class=\"_ _87\"> </span><span class=\"fc2 lsd0 wsa4\">SIGNIFICANT<span class=\"_ _11\"></span> ACCOUNTING<span class=\"_ _11\"></span> JU<span class=\"_ _9\"></span>DGEMENT<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h12 ff1 fsa fc2 sc0 ls3b ws38 gs25e\">AC<span class=\"_ _2\"></span>QUISITION<span class=\"_ _11\"></span> AND DISPOSAL OF<span class=\"_ _11\"></span> PROPERT<span class=\"_ _11\"></span>IE<span class=\"_ _9\"></span>S<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls1f ws28 gs25f\">Propert<span class=\"_ _9\"></span>y transactions can be<span class=\"_ _2\"></span> complex in<span class=\"_ _2\"></span> nature a<span class=\"_ _2\"></span>nd material<span class=\"_ _11\"></span> to the financi<span class=\"_ _2\"></span>al statements<span class=\"_ _2\"></span>. T<span class=\"_ _11\"></span>o determi<span class=\"_ _2\"></span>ne when an acq<span class=\"_ _2\"></span>uisition<span class=\"_ _2\"></span> or disposal s<span class=\"_ _2\"></span>hould be<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs260\">reco<span class=\"_ _9\"></span>gnis<span class=\"_ _9\"></span>ed, mana<span class=\"_ _9\"></span>gem<span class=\"_ _9\"></span>ent co<span class=\"_ _9\"></span>nsid<span class=\"_ _9\"></span>er wh<span class=\"_ _9\"></span>eth<span class=\"_ _9\"></span>er the G<span class=\"_ _9\"></span>roup as<span class=\"_ _9\"></span>sume<span class=\"_ _9\"></span>s or re<span class=\"_ _9\"></span>linqui<span class=\"_ _9\"></span>she<span class=\"_ _9\"></span>s contro<span class=\"_ _9\"></span>l of the p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>, an<span class=\"_ _9\"></span>d the p<span class=\"_ _9\"></span>oint at w<span class=\"_ _9\"></span>hich th<span class=\"_ _9\"></span>is is ob<span class=\"_ _9\"></span>taine<span class=\"_ _9\"></span>d<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs261\">or relinq<span class=\"_ _2\"></span>uished<span class=\"_ _2\"></span>. Consideration<span class=\"_ _2\"></span> is given<span class=\"_ _11\"></span> to the terms<span class=\"_ _2\"></span> of the acq<span class=\"_ _2\"></span>uisition or<span class=\"_ _11\"></span> disposal contracts and any<span class=\"_ _11\"></span> conditions that must be satisfied before<span class=\"_ _2\"></span> the<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs262\">contract is ful<span class=\"_ _2\"></span>filled<span class=\"_ _11\"></span>. In the case<span class=\"_ _2\"></span> of an acq<span class=\"_ _2\"></span>uisition<span class=\"_ _11\"></span>, management must also consider whether t<span class=\"_ _11\"></span>he transaction represents an asset acqui<span class=\"_ _2\"></span>sition or<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs263\">business combinati<span class=\"_ _2\"></span>on.<span class=\"_ _335\"> </span> </div><div class=\"t m0 h12 ff1 fsa fc2 sc0 ls3b ws38 gs264\">KEY AC<span class=\"_ _2\"></span>COUNTING<span class=\"_ _2\"></span> ESTIMA<span class=\"_ _11\"></span>TES AND O<span class=\"_ _11\"></span>THER SOURCES OF<span class=\"_ _11\"></span> E<span class=\"_ _9\"></span>STIMA<span class=\"_ _11\"></span>TION UNCER<span class=\"_ _11\"></span>T<span class=\"_ _11\"></span>AINT<span class=\"_ _9\"></span>Y<span class=\"_ _335\"> </span></div><div class=\"t m0 h4a ff1 fs1 fc2 sc0 lsd0 wsa4 gs265\">V<span class=\"_ _11\"></span>ALUA<span class=\"_ _1\"></span>TION OF THE<span class=\"_ _11\"></span> GROUP\u2019S PROP<span class=\"_ _11\"></span>E<span class=\"_ _9\"></span>RTIES<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs266\">The val<span class=\"_ _2\"></span>uation of t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>e Group<span class=\"_ _2\"></span>\u2019<span class=\"_ _11\"></span>s propert<span class=\"_ _9\"></span>y por<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>folio has<span class=\"_ _2\"></span> been undertaken b<span class=\"_ _2\"></span>y independent v<span class=\"_ _11\"></span>aluers in accordance with<span class=\"_ _2\"></span> the R<span class=\"_ _11\"></span>oyal Institution<span class=\"_ _11\"></span> of<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs267\">Char<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>red S<span class=\"_ _9\"></span>ur<span class=\"_ _9\"></span>veyor<span class=\"_ _9\"></span>s (RICS) Valuatio<span class=\"_ _9\"></span>n \u2013 Glo<span class=\"_ _9\"></span>bal Standar<span class=\"_ _9\"></span>ds and UK S<span class=\"_ _9\"></span>uppl<span class=\"_ _9\"></span>eme<span class=\"_ _9\"></span>nt (togeth<span class=\"_ _9\"></span>er the \u201cRe<span class=\"_ _9\"></span>d Bo<span class=\"_ _9\"></span>ok<span class=\"_ _9\"></span>\u201d)<span class=\"_ _1\"></span>. Re<span class=\"_ _9\"></span>al es<span class=\"_ _9\"></span>tate by i<span class=\"_ _9\"></span>ts na<span class=\"_ _9\"></span>ture is a c<span class=\"_ _9\"></span>ompl<span class=\"_ _9\"></span>ex<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs268\">asset class with va<span class=\"_ _2\"></span>lue determi<span class=\"_ _2\"></span>ned by a<span class=\"_ _2\"></span> range of<span class=\"_ _2\"></span> factors overlaid<span class=\"_ _2\"></span> by in<span class=\"_ _2\"></span>terpretation<span class=\"_ _11\"></span> and judgemental assessment of<span class=\"_ _2\"></span> mark<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>t data<span class=\"_ _11\"></span>; as such it is<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs269\">clas<span class=\"_ _9\"></span>sified a<span class=\"_ _9\"></span>s \u2018Level 3 as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>\u2019 wit<span class=\"_ _9\"></span>hin IFRS. Factor<span class=\"_ _9\"></span>s affe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ting valu<span class=\"_ _9\"></span>atio<span class=\"_ _9\"></span>n are on an in<span class=\"_ _9\"></span>divi<span class=\"_ _9\"></span>dual pr<span class=\"_ _9\"></span>ope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y leve<span class=\"_ _9\"></span>l and inc<span class=\"_ _9\"></span>lude th<span class=\"_ _9\"></span>e prop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>t<span class=\"_ _a\"></span>y typ<span class=\"_ _9\"></span>e, loca<span class=\"_ _9\"></span>tion,<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs26a\">tenure<span class=\"_ _2\"></span> and tena<span class=\"_ _2\"></span>ncy characteristics, quality of the asset and<span class=\"_ _11\"></span> prospe<span class=\"_ _9\"></span>ct<span class=\"_ _9\"></span>s for futu<span class=\"_ _2\"></span>re rent<span class=\"_ _2\"></span>al rev<span class=\"_ _11\"></span>enue.<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs26b\">The Group<span class=\"_ _2\"></span>\u2019<span class=\"_ _11\"></span>s in<span class=\"_ _2\"></span>vestment propert<span class=\"_ _9\"></span>y valuation<span class=\"_ _2\"></span> has been undertaken<span class=\"_ _2\"></span> by v<span class=\"_ _2\"></span>aluers int<span class=\"_ _2\"></span>erpreting ma<span class=\"_ _2\"></span>rket e<span class=\"_ _11\"></span>v<span class=\"_ _9\"></span>idence as ava<span class=\"_ _11\"></span>ilable in reaching t<span class=\"_ _11\"></span>heir<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs26c\">conclusions on<span class=\"_ _2\"></span> F<span class=\"_ _2\"></span>air V<span class=\"_ _11\"></span>alue<span class=\"_ _11\"></span>, reflec<span class=\"_ _9\"></span>ting asset specifi<span class=\"_ _2\"></span>c data pr<span class=\"_ _2\"></span>ovided by<span class=\"_ _2\"></span> Management,<span class=\"_ _2\"></span> making assumpt<span class=\"_ _2\"></span>ions that t<span class=\"_ _11\"></span>enure, tena<span class=\"_ _11\"></span>ncies, town plann<span class=\"_ _11\"></span>ing<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs26d\">and con<span class=\"_ _9\"></span>ditio<span class=\"_ _9\"></span>n of buil<span class=\"_ _9\"></span>ding<span class=\"_ _9\"></span>s are as prov<span class=\"_ _9\"></span>ide<span class=\"_ _9\"></span>d. As a re<span class=\"_ _9\"></span>sult, the valu<span class=\"_ _9\"></span>atio<span class=\"_ _9\"></span>ns the G<span class=\"_ _9\"></span>roup pl<span class=\"_ _9\"></span>ace<span class=\"_ _9\"></span>s on it<span class=\"_ _9\"></span>s pro<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y po<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>foli<span class=\"_ _9\"></span>o are subje<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t to a deg<span class=\"_ _9\"></span>ree of<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs26e\">uncer<span class=\"_ _a\"></span>taint<span class=\"_ _9\"></span>y and are m<span class=\"_ _9\"></span>ade on th<span class=\"_ _9\"></span>e ba<span class=\"_ _9\"></span>sis of as<span class=\"_ _9\"></span>sump<span class=\"_ _9\"></span>tions w<span class=\"_ _9\"></span>hich m<span class=\"_ _9\"></span>ay n<span class=\"_ _9\"></span>ot prove to b<span class=\"_ _9\"></span>e acc<span class=\"_ _9\"></span>urate, par<span class=\"_ _a\"></span>ticularl<span class=\"_ _9\"></span>y in per<span class=\"_ _9\"></span>iods o<span class=\"_ _9\"></span>f vola<span class=\"_ _9\"></span>tilit<span class=\"_ _9\"></span>y o<span class=\"_ _9\"></span>r low<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs26f\">transaction volu<span class=\"_ _2\"></span>me in t<span class=\"_ _2\"></span>he propert<span class=\"_ _9\"></span>y market<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs270\">The estimation of<span class=\"_ _2\"></span> the net realisa<span class=\"_ _2\"></span>ble val<span class=\"_ _2\"></span>ue of the<span class=\"_ _2\"></span> Group\u2019<span class=\"_ _1\"></span>s trading pr<span class=\"_ _2\"></span>oper<span class=\"_ _9\"></span>ties, i<span class=\"_ _2\"></span>n particular the<span class=\"_ _2\"></span> development la<span class=\"_ _2\"></span>nd and i<span class=\"_ _2\"></span>nfrastructure progra<span class=\"_ _2\"></span>mmes,<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs271\">is inhe<span class=\"_ _9\"></span>rentl<span class=\"_ _9\"></span>y subjec<span class=\"_ _a\"></span>tive due to a numb<span class=\"_ _9\"></span>er of f<span class=\"_ _9\"></span>ac<span class=\"_ _9\"></span>tor<span class=\"_ _9\"></span>s, inclu<span class=\"_ _9\"></span>ding the<span class=\"_ _9\"></span>ir com<span class=\"_ _9\"></span>plex<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>, unu<span class=\"_ _9\"></span>sually l<span class=\"_ _9\"></span>arge siz<span class=\"_ _9\"></span>e, the subs<span class=\"_ _9\"></span>tantial ex<span class=\"_ _9\"></span>pen<span class=\"_ _9\"></span>ditur<span class=\"_ _9\"></span>e requi<span class=\"_ _9\"></span>red an<span class=\"_ _9\"></span>d<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs272\">long timescales<span class=\"_ _2\"></span> to completion<span class=\"_ _11\"></span>. In addition<span class=\"_ _11\"></span>, as a result of<span class=\"_ _11\"></span> these timescales to complet<span class=\"_ _2\"></span>ion, t<span class=\"_ _2\"></span>he plans associated<span class=\"_ _2\"></span> with these progr<span class=\"_ _2\"></span>ammes could be<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs273\">subjec<span class=\"_ _a\"></span>t to significant mar<span class=\"_ _9\"></span>ket variati<span class=\"_ _9\"></span>on over th<span class=\"_ _9\"></span>e cour<span class=\"_ _9\"></span>se of d<span class=\"_ _9\"></span>evelo<span class=\"_ _9\"></span>pme<span class=\"_ _9\"></span>nt. As a res<span class=\"_ _9\"></span>ult, and sim<span class=\"_ _9\"></span>ilar to the valu<span class=\"_ _9\"></span>atio<span class=\"_ _9\"></span>n of inves<span class=\"_ _9\"></span>tme<span class=\"_ _9\"></span>nt pro<span class=\"_ _9\"></span>per<span class=\"_ _a\"></span>ties, the<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs274\">net r<span class=\"_ _9\"></span>ealis<span class=\"_ _9\"></span>able val<span class=\"_ _9\"></span>ues o<span class=\"_ _9\"></span>f the Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s tra<span class=\"_ _9\"></span>ding pro<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>ties a<span class=\"_ _9\"></span>re subje<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t to a deg<span class=\"_ _9\"></span>ree of u<span class=\"_ _9\"></span>ncer<span class=\"_ _a\"></span>tainty a<span class=\"_ _9\"></span>nd are de<span class=\"_ _9\"></span>term<span class=\"_ _9\"></span>ined o<span class=\"_ _9\"></span>n the b<span class=\"_ _9\"></span>asis of a<span class=\"_ _9\"></span>ssum<span class=\"_ _9\"></span>ptio<span class=\"_ _9\"></span>ns<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs275\">whic<span class=\"_ _9\"></span>h may n<span class=\"_ _9\"></span>ot prove to b<span class=\"_ _9\"></span>e acc<span class=\"_ _9\"></span>urate.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs276\">If the ass<span class=\"_ _9\"></span>umpti<span class=\"_ _9\"></span>ons up<span class=\"_ _9\"></span>on wh<span class=\"_ _9\"></span>ich the ex<span class=\"_ _a\"></span>ternal value<span class=\"_ _9\"></span>r has b<span class=\"_ _9\"></span>ase<span class=\"_ _9\"></span>d it<span class=\"_ _9\"></span>s valua<span class=\"_ _9\"></span>tions p<span class=\"_ _9\"></span>rove to be in<span class=\"_ _9\"></span>accur<span class=\"_ _9\"></span>ate, this ma<span class=\"_ _9\"></span>y have an im<span class=\"_ _9\"></span>pac<span class=\"_ _a\"></span>t on the value o<span class=\"_ _9\"></span>f the<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls3c ws1 gs277\">Group\u2019<span class=\"_ _2\"></span>s inves<span class=\"_ _9\"></span>tmen<span class=\"_ _9\"></span>t and tradi<span class=\"_ _9\"></span>ng pro<span class=\"_ _9\"></span>per<span class=\"_ _a\"></span>ties, whic<span class=\"_ _9\"></span>h coul<span class=\"_ _9\"></span>d in turn ha<span class=\"_ _9\"></span>ve an effec<span class=\"_ _a\"></span>t on the Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s financ<span class=\"_ _9\"></span>ial po<span class=\"_ _9\"></span>sitio<span class=\"_ _9\"></span>n and re<span class=\"_ _9\"></span>sult<span class=\"_ _9\"></span>s. Whils<span class=\"_ _9\"></span>t the valu<span class=\"_ _9\"></span>atio<span class=\"_ _9\"></span>ns<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs278\">were appr<span class=\"_ _2\"></span>opriate as<span class=\"_ _2\"></span> at 3<span class=\"_ _11\"></span>1 March 20<span class=\"_ _11\"></span>26,<span class=\"_ _2\"></span> changes to<span class=\"_ _2\"></span> macroeconomic conditions<span class=\"_ _2\"></span> could aff<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t future<span class=\"_ _2\"></span> valuation<span class=\"_ _2\"></span>s.<span class=\"_ _335\"> </span></div>IMP<span class=\"_ _11\"></span>AIRMENT OF TRADE RECEIV<span class=\"_ _11\"></span>ABLES<span class=\"_ _335\"> </span>The Gr<span class=\"_ _9\"></span>oup\u2019<span class=\"_ _11\"></span>s as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ssm<span class=\"_ _9\"></span>ent of ex<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ted c<span class=\"_ _9\"></span>redi<span class=\"_ _9\"></span>t los<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>s is inhe<span class=\"_ _9\"></span>rentl<span class=\"_ _9\"></span>y subjec<span class=\"_ _a\"></span>tive due to the fo<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>ward-lo<span class=\"_ _9\"></span>ok<span class=\"_ _9\"></span>ing na<span class=\"_ _9\"></span>ture of the a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>ss<span class=\"_ _9\"></span>ment<span class=\"_ _9\"></span>s. As a re<span class=\"_ _9\"></span>sult,<span class=\"_ _335\"> </span>the value o<span class=\"_ _9\"></span>f the prov<span class=\"_ _9\"></span>isio<span class=\"_ _9\"></span>ns for i<span class=\"_ _9\"></span>mpair<span class=\"_ _9\"></span>ment o<span class=\"_ _9\"></span>f the Gr<span class=\"_ _9\"></span>oup\u2019<span class=\"_ _11\"></span>s tra<span class=\"_ _9\"></span>de re<span class=\"_ _9\"></span>ceiva<span class=\"_ _9\"></span>ble<span class=\"_ _9\"></span>s are subje<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t to a de<span class=\"_ _9\"></span>gree o<span class=\"_ _9\"></span>f uncer<span class=\"_ _a\"></span>taint<span class=\"_ _9\"></span>y and are m<span class=\"_ _9\"></span>ade on th<span class=\"_ _9\"></span>e ba<span class=\"_ _9\"></span>sis of<span class=\"_ _335\"> </span>assum<span class=\"_ _9\"></span>ptio<span class=\"_ _9\"></span>ns whi<span class=\"_ _9\"></span>ch ma<span class=\"_ _9\"></span>y not p<span class=\"_ _9\"></span>rove to be ac<span class=\"_ _9\"></span>cura<span class=\"_ _9\"></span>te. See note 2<span class=\"_ _9\"></span>5 for fu<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>ther d<span class=\"_ _9\"></span>etail<span class=\"_ _9\"></span>s of the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _11\"></span>s a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>ssm<span class=\"_ _9\"></span>ent o<span class=\"_ _9\"></span>f the cre<span class=\"_ _9\"></span>dit ri<span class=\"_ _9\"></span>sk as<span class=\"_ _9\"></span>soc<span class=\"_ _9\"></span>iate<span class=\"_ _9\"></span>d wi<span class=\"_ _9\"></span>th<span class=\"_ _335\"> </span>trade receiva<span class=\"_ _11\"></span>b<span class=\"_ _9\"></span>les.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfAccountingJudgementsAndEstimatesExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-368": {
   "value": "3<span class=\"_ _1c0\"> </span><span class=\"fc4 lsd2 wsf3\">CHANGES IN A<span class=\"_ _11\"></span>CCOUNTING POLICIES<span class=\"_ _2\"></span> AND ST<span class=\"_ _1\"></span>ANDARD<span class=\"_ _335\"> </span></span>The account<span class=\"_ _2\"></span>ing policies<span class=\"_ _2\"></span> used in these<span class=\"_ _2\"></span> financial<span class=\"_ _11\"></span> s<span class=\"_ _9\"></span>tatements are cons<span class=\"_ _2\"></span>istent with those<span class=\"_ _11\"></span> applied in the last ann<span class=\"_ _2\"></span>ual fina<span class=\"_ _2\"></span>ncial statements,<span class=\"_ _11\"></span> as amended<span class=\"_ _9\"></span> whe<span class=\"_ _9\"></span>re rel<span class=\"_ _9\"></span>evant to refle<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t the ad<span class=\"_ _9\"></span>op<span class=\"_ _9\"></span>tion of n<span class=\"_ _9\"></span>ew s<span class=\"_ _9\"></span>tandard<span class=\"_ _9\"></span>s, amend<span class=\"_ _9\"></span>ment<span class=\"_ _9\"></span>s and in<span class=\"_ _9\"></span>terpre<span class=\"_ _9\"></span>tati<span class=\"_ _9\"></span>ons w<span class=\"_ _9\"></span>hich b<span class=\"_ _9\"></span>ecam<span class=\"_ _9\"></span>e effec<span class=\"_ _a\"></span>tive in the yea<span class=\"_ _9\"></span>r as lis<span class=\"_ _9\"></span>ted b<span class=\"_ _9\"></span>elow:<span class=\"_ _335\"> </span>\u2022 Ame<span class=\"_ _9\"></span>ndme<span class=\"_ _9\"></span>nts to IA<span class=\"_ _9\"></span>S 21 \u2013 Lac<span class=\"_ _9\"></span>k of exch<span class=\"_ _9\"></span>ange<span class=\"_ _9\"></span>abili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _335\"> </span>There has been no<span class=\"_ _2\"></span> material i<span class=\"_ _2\"></span>mpac<span class=\"_ _9\"></span>t on the<span class=\"_ _2\"></span> financia<span class=\"_ _2\"></span>l statements of adopti<span class=\"_ _2\"></span>ng an<span class=\"_ _11\"></span>y new standards,<span class=\"_ _2\"></span> amendments and<span class=\"_ _2\"></span> interpret<span class=\"_ _2\"></span>ations<span class=\"_ _2\"></span>.<span class=\"_ _335\"> </span>AMENDMENTS TO<span class=\"_ _11\"></span> IFRS<span class=\"_ _335\"> </span>A numbe<span class=\"_ _9\"></span>r of new s<span class=\"_ _9\"></span>tan<span class=\"_ _9\"></span>dards, am<span class=\"_ _9\"></span>endm<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s to stan<span class=\"_ _9\"></span>dards an<span class=\"_ _9\"></span>d interp<span class=\"_ _9\"></span>reta<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>s have b<span class=\"_ _9\"></span>ee<span class=\"_ _9\"></span>n issu<span class=\"_ _9\"></span>ed bu<span class=\"_ _9\"></span>t are no<span class=\"_ _9\"></span>t yet effe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>ve for the G<span class=\"_ _9\"></span>roup as<span class=\"_ _9\"></span><span class=\"ls1\"> </span>listed below:<span class=\"_ _335\"> </span>\u2022 IFRS<span class=\"_ _2\"></span> 18<span class=\"_ _2\"></span> Presentat<span class=\"_ _2\"></span>ion and Disc<span class=\"_ _2\"></span>losure i<span class=\"_ _2\"></span>n Financia<span class=\"_ _2\"></span>l S<span class=\"_ _2\"></span>tatements<span class=\"_ _335\"> </span>\u2022 IFRS 1<span class=\"_ _2\"></span>9 Subsidiarie<span class=\"_ _9\"></span>s withou<span class=\"_ _9\"></span>t Public Accountabilit<span class=\"_ _9\"></span>y: Discl<span class=\"_ _9\"></span>osures<span class=\"_ _335\"> </span>\u2022 Amendments to I<span class=\"_ _2\"></span>FRS 7<span class=\"_ _2\"></span> and IF<span class=\"_ _11\"></span>RS 9 Classification<span class=\"_ _11\"></span> and measurement of fi<span class=\"_ _2\"></span>nancial i<span class=\"_ _2\"></span>nstruments and for c<span class=\"_ _2\"></span>ontracts referencing natu<span class=\"_ _2\"></span>re-dependent elec<span class=\"_ _9\"></span>tricity \u2022 Annual Im<span class=\"_ _9\"></span>provem<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s to IFRS Acco<span class=\"_ _9\"></span>unting Stand<span class=\"_ _9\"></span>ards (<span class=\"_ _9\"></span>V<span class=\"_ _11\"></span>o<span class=\"_ _9\"></span>lume 11<span class=\"_ _2\"></span>)<span class=\"_ _335\"> </span>The Gr<span class=\"_ _9\"></span>oup has ye<span class=\"_ _9\"></span>t to ass<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>s the full o<span class=\"_ _9\"></span>utco<span class=\"_ _9\"></span>me of th<span class=\"_ _9\"></span>ese n<span class=\"_ _9\"></span>ew s<span class=\"_ _9\"></span>tandard<span class=\"_ _9\"></span>s, amend<span class=\"_ _9\"></span>ment<span class=\"_ _9\"></span>s and in<span class=\"_ _9\"></span>terpre<span class=\"_ _9\"></span>tati<span class=\"_ _9\"></span>ons, howeve<span class=\"_ _9\"></span>r with th<span class=\"_ _9\"></span>e excep<span class=\"_ _9\"></span>tion o<span class=\"_ _9\"></span>f IFRS 18 thes<span class=\"_ _9\"></span>e othe<span class=\"_ _9\"></span>r new s<span class=\"_ _9\"></span>tand<span class=\"_ _9\"></span>ards, ame<span class=\"_ _9\"></span>ndme<span class=\"_ _9\"></span>nts a<span class=\"_ _9\"></span>nd interp<span class=\"_ _9\"></span>reta<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>s are no<span class=\"_ _9\"></span>t exp<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d to have a si<span class=\"_ _9\"></span>gnificant im<span class=\"_ _9\"></span>pac<span class=\"_ _a\"></span>t on the Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s finan<span class=\"_ _9\"></span>cial s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s. The Group<span class=\"_ _2\"></span> intends<span class=\"_ _2\"></span> to adopt t<span class=\"_ _2\"></span>hese new standard<span class=\"_ _2\"></span>s, amend<span class=\"_ _2\"></span>ments and in<span class=\"_ _2\"></span>terpretations<span class=\"_ _11\"></span>, if applicable<span class=\"_ _11\"></span>, when they become effective<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfChangesInAccountingPoliciesExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-398": {
   "value": "The account<span class=\"_ _2\"></span>ing policies<span class=\"_ _2\"></span> used in these<span class=\"_ _2\"></span> financial<span class=\"_ _11\"></span> s<span class=\"_ _9\"></span>tatements are cons<span class=\"_ _2\"></span>istent with those<span class=\"_ _11\"></span> applied in the last ann<span class=\"_ _2\"></span>ual fina<span class=\"_ _2\"></span>ncial statements,<span class=\"_ _11\"></span> as amended<span class=\"_ _9\"></span> whe<span class=\"_ _9\"></span>re rel<span class=\"_ _9\"></span>evant to refle<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t the ad<span class=\"_ _9\"></span>op<span class=\"_ _9\"></span>tion of n<span class=\"_ _9\"></span>ew s<span class=\"_ _9\"></span>tandard<span class=\"_ _9\"></span>s, amend<span class=\"_ _9\"></span>ment<span class=\"_ _9\"></span>s and in<span class=\"_ _9\"></span>terpre<span class=\"_ _9\"></span>tati<span class=\"_ _9\"></span>ons w<span class=\"_ _9\"></span>hich b<span class=\"_ _9\"></span>ecam<span class=\"_ _9\"></span>e effec<span class=\"_ _a\"></span>tive in the yea<span class=\"_ _9\"></span>r as lis<span class=\"_ _9\"></span>ted b<span class=\"_ _9\"></span>elow:<span class=\"_ _335\"> </span>\u2022 Ame<span class=\"_ _9\"></span>ndme<span class=\"_ _9\"></span>nts to IA<span class=\"_ _9\"></span>S 21 \u2013 Lac<span class=\"_ _9\"></span>k of exch<span class=\"_ _9\"></span>ange<span class=\"_ _9\"></span>abili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _335\"> </span>There has been no<span class=\"_ _2\"></span> material i<span class=\"_ _2\"></span>mpac<span class=\"_ _9\"></span>t on the<span class=\"_ _2\"></span> financia<span class=\"_ _2\"></span>l statements of adopti<span class=\"_ _2\"></span>ng an<span class=\"_ _11\"></span>y new standards,<span class=\"_ _2\"></span> amendments and<span class=\"_ _2\"></span> interpret<span class=\"_ _2\"></span>ations<span class=\"_ _2\"></span>.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfInitialApplicationOfStandardsOrInterpretations",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-399": {
   "value": "AMENDMENTS TO<span class=\"_ _11\"></span> IFRS<span class=\"_ _335\"> </span>A numbe<span class=\"_ _9\"></span>r of new s<span class=\"_ _9\"></span>tan<span class=\"_ _9\"></span>dards, am<span class=\"_ _9\"></span>endm<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s to stan<span class=\"_ _9\"></span>dards an<span class=\"_ _9\"></span>d interp<span class=\"_ _9\"></span>reta<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>s have b<span class=\"_ _9\"></span>ee<span class=\"_ _9\"></span>n issu<span class=\"_ _9\"></span>ed bu<span class=\"_ _9\"></span>t are no<span class=\"_ _9\"></span>t yet effe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>ve for the G<span class=\"_ _9\"></span>roup as<span class=\"_ _9\"></span><span class=\"ls1\"> </span>listed below:<span class=\"_ _335\"> </span>\u2022 IFRS<span class=\"_ _2\"></span> 18<span class=\"_ _2\"></span> Presentat<span class=\"_ _2\"></span>ion and Disc<span class=\"_ _2\"></span>losure i<span class=\"_ _2\"></span>n Financia<span class=\"_ _2\"></span>l S<span class=\"_ _2\"></span>tatements<span class=\"_ _335\"> </span>\u2022 IFRS 1<span class=\"_ _2\"></span>9 Subsidiarie<span class=\"_ _9\"></span>s withou<span class=\"_ _9\"></span>t Public Accountabilit<span class=\"_ _9\"></span>y: Discl<span class=\"_ _9\"></span>osures<span class=\"_ _335\"> </span>\u2022 Amendments to I<span class=\"_ _2\"></span>FRS 7<span class=\"_ _2\"></span> and IF<span class=\"_ _11\"></span>RS 9 Classification<span class=\"_ _11\"></span> and measurement of fi<span class=\"_ _2\"></span>nancial i<span class=\"_ _2\"></span>nstruments and for c<span class=\"_ _2\"></span>ontracts referencing natu<span class=\"_ _2\"></span>re-dependent elec<span class=\"_ _9\"></span>tricity \u2022 Annual Im<span class=\"_ _9\"></span>provem<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s to IFRS Acco<span class=\"_ _9\"></span>unting Stand<span class=\"_ _9\"></span>ards (<span class=\"_ _9\"></span>V<span class=\"_ _11\"></span>o<span class=\"_ _9\"></span>lume 11<span class=\"_ _2\"></span>)<span class=\"_ _335\"> </span>The Gr<span class=\"_ _9\"></span>oup has ye<span class=\"_ _9\"></span>t to ass<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>s the full o<span class=\"_ _9\"></span>utco<span class=\"_ _9\"></span>me of th<span class=\"_ _9\"></span>ese n<span class=\"_ _9\"></span>ew s<span class=\"_ _9\"></span>tandard<span class=\"_ _9\"></span>s, amend<span class=\"_ _9\"></span>ment<span class=\"_ _9\"></span>s and in<span class=\"_ _9\"></span>terpre<span class=\"_ _9\"></span>tati<span class=\"_ _9\"></span>ons, howeve<span class=\"_ _9\"></span>r with th<span class=\"_ _9\"></span>e excep<span class=\"_ _9\"></span>tion o<span class=\"_ _9\"></span>f IFRS 18 thes<span class=\"_ _9\"></span>e othe<span class=\"_ _9\"></span>r new s<span class=\"_ _9\"></span>tand<span class=\"_ _9\"></span>ards, ame<span class=\"_ _9\"></span>ndme<span class=\"_ _9\"></span>nts a<span class=\"_ _9\"></span>nd interp<span class=\"_ _9\"></span>reta<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>s are no<span class=\"_ _9\"></span>t exp<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d to have a si<span class=\"_ _9\"></span>gnificant im<span class=\"_ _9\"></span>pac<span class=\"_ _a\"></span>t on the Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s finan<span class=\"_ _9\"></span>cial s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s. The Group<span class=\"_ _2\"></span> intends<span class=\"_ _2\"></span> to adopt t<span class=\"_ _2\"></span>hese new standard<span class=\"_ _2\"></span>s, amend<span class=\"_ _2\"></span>ments and in<span class=\"_ _2\"></span>terpretations<span class=\"_ _11\"></span>, if applicable<span class=\"_ _11\"></span>, when they become effective<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-369": {
   "value": "<div class=\"t m0 ha2 ff1 fs7 fc0 sc0 ls1 ws1 gs167\">4<span class=\"_ _1c0\"> </span><span class=\"fc4 lsd2 wsf3\">S<span class=\"_ _2\"></span>EGMENT<span class=\"_ _1\"></span>AL INFORMA<span class=\"_ _1\"></span>TION<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs168\">The Group<span class=\"_ _2\"></span>\u2019<span class=\"_ _11\"></span>s operations a<span class=\"_ _2\"></span>re all<span class=\"_ _2\"></span> in the<span class=\"_ _2\"></span> UK and<span class=\"_ _2\"></span> are managed acr<span class=\"_ _2\"></span>oss four operat<span class=\"_ _2\"></span>ing segments,<span class=\"_ _2\"></span> being Office-led<span class=\"_ _11\"></span>, Retail<span class=\"_ _2\"></span>-led,<span class=\"_ _11\"></span> Residential-<span class=\"_ _11\"></span>led and </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs169\">Other assets.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs16a\">The Office-led segment<span class=\"_ _11\"></span> includes all operating<span class=\"_ _2\"></span> or under de<span class=\"_ _11\"></span>velopment office assets in London<span class=\"_ _2\"></span> and the<span class=\"_ _2\"></span> regions as w<span class=\"_ _2\"></span>ell as t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>e associated reta<span class=\"_ _2\"></span>il </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs16b\">and other prem<span class=\"_ _2\"></span>ises in pro<span class=\"_ _11\"></span>ximit<span class=\"_ _9\"></span>y to t<span class=\"_ _2\"></span>hese assets. The R<span class=\"_ _11\"></span>etail-led segmen<span class=\"_ _2\"></span>t includes a<span class=\"_ _2\"></span>ll the<span class=\"_ _2\"></span> shopping cent<span class=\"_ _2\"></span>res and out<span class=\"_ _2\"></span>lets in our port<span class=\"_ _9\"></span>folio<span class=\"_ _11\"></span>. The </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs16c\">Resident<span class=\"_ _2\"></span>ial-<span class=\"_ _11\"></span>le<span class=\"_ _9\"></span>d segment incl<span class=\"_ _2\"></span>udes our resident<span class=\"_ _11\"></span>ial developments and t<span class=\"_ _2\"></span>he Other assets segment mainly i<span class=\"_ _2\"></span>ncludes assets that will<span class=\"_ _2\"></span> not be a focus </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs16d\">for cap<span class=\"_ _9\"></span>ital inves<span class=\"_ _9\"></span>tme<span class=\"_ _9\"></span>nt and co<span class=\"_ _9\"></span>nsis<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s of our r<span class=\"_ _9\"></span>etail an<span class=\"_ _9\"></span>d leisu<span class=\"_ _9\"></span>re park a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s. </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs16e\">In pre<span class=\"_ _2\"></span>vious financi<span class=\"_ _2\"></span>al periods,<span class=\"_ _2\"></span> our segment<span class=\"_ _2\"></span>al reporting reflected that our operat<span class=\"_ _2\"></span>ions were<span class=\"_ _2\"></span> organised i<span class=\"_ _2\"></span>nto Cent<span class=\"_ _2\"></span>ral London<span class=\"_ _11\"></span>, Major retai<span class=\"_ _2\"></span>l </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs16f\">des<span class=\"_ _9\"></span>tin<span class=\"_ _9\"></span>ation<span class=\"_ _9\"></span>s (Major re<span class=\"_ _9\"></span>tail)<span class=\"_ _11\"></span>, Mixed-us<span class=\"_ _9\"></span>e urban n<span class=\"_ _9\"></span>eigh<span class=\"_ _9\"></span>bour<span class=\"_ _9\"></span>hoo<span class=\"_ _9\"></span>ds (Mixed-u<span class=\"_ _9\"></span>se urb<span class=\"_ _9\"></span>an<span class=\"_ _11\"></span>) and S<span class=\"_ _9\"></span>ubsc<span class=\"_ _9\"></span>ale se<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tor<span class=\"_ _9\"></span>s. As no<span class=\"_ _9\"></span>ted in th<span class=\"_ _9\"></span>e Group\u2019s Annual Repor<span class=\"_ _a\"></span>t </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs170\">for the ye<span class=\"_ _9\"></span>ar end<span class=\"_ _9\"></span>ed 31 March 2025, the Gr<span class=\"_ _9\"></span>oup has al<span class=\"_ _9\"></span>igne<span class=\"_ _9\"></span>d it<span class=\"_ _9\"></span>s financi<span class=\"_ _9\"></span>al rep<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>tin<span class=\"_ _9\"></span>g to reflec<span class=\"_ _a\"></span>t its up<span class=\"_ _9\"></span>date<span class=\"_ _9\"></span>d s<span class=\"_ _9\"></span>trate<span class=\"_ _9\"></span>gy an<span class=\"_ _9\"></span>d ope<span class=\"_ _9\"></span>ratin<span class=\"_ _9\"></span>g mod<span class=\"_ _9\"></span>el and<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs171\">consequently<span class=\"_ _1\"></span>, comparatives have been restated<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs172\">Management has det<span class=\"_ _2\"></span>ermined the<span class=\"_ _2\"></span> Group\u2019<span class=\"_ _1\"></span>s operating segments based on the<span class=\"_ _2\"></span> informat<span class=\"_ _2\"></span>ion review<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>d by Seni<span class=\"_ _2\"></span>or Management t<span class=\"_ _11\"></span>o make strategic </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs173\">decisions<span class=\"_ _2\"></span>. The chi<span class=\"_ _2\"></span>ef operating decis<span class=\"_ _2\"></span>ion mak<span class=\"_ _11\"></span>er is the Executive Leadership<span class=\"_ _11\"></span> T<span class=\"_ _2\"></span>eam (<span class=\"_ _2\"></span>EL<span class=\"_ _1\"></span>T)<span class=\"_ _11\"></span>, comprising t<span class=\"_ _2\"></span>he Executive Directors and t<span class=\"_ _2\"></span>he Managing </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs174\">Directors. The i<span class=\"_ _2\"></span>nformation<span class=\"_ _2\"></span> presented to<span class=\"_ _11\"></span> EL<span class=\"_ _11\"></span>T includes reports from all<span class=\"_ _2\"></span> functions of the bus<span class=\"_ _2\"></span>iness as wel<span class=\"_ _2\"></span>l as strategy<span class=\"_ _1\"></span>, financial pla<span class=\"_ _2\"></span>nning<span class=\"_ _11\"></span>, succession </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs175\">planning<span class=\"_ _11\"></span>, organisational<span class=\"_ _2\"></span> development a<span class=\"_ _2\"></span>nd Group-<span class=\"_ _11\"></span>w<span class=\"_ _9\"></span>ide policies<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></div>The Gr<span class=\"_ _9\"></span>oup\u2019<span class=\"_ _11\"></span>s pr<span class=\"_ _9\"></span>imar<span class=\"_ _9\"></span>y m<span class=\"_ _9\"></span>ea<span class=\"_ _9\"></span>sure of un<span class=\"_ _9\"></span>derl<span class=\"_ _9\"></span>ying p<span class=\"_ _9\"></span>rofit b<span class=\"_ _9\"></span>efor<span class=\"_ _9\"></span>e tax is EPR<span class=\"_ _9\"></span>A ear<span class=\"_ _9\"></span>nings. Howeve<span class=\"_ _9\"></span>r<span class=\"_ _11\"></span>, Seg<span class=\"_ _9\"></span>ment n<span class=\"_ _9\"></span>et re<span class=\"_ _9\"></span>ntal inco<span class=\"_ _9\"></span>me is th<span class=\"_ _9\"></span>e lowe<span class=\"_ _9\"></span>st l<span class=\"_ _9\"></span>evel to whi<span class=\"_ _9\"></span>ch<span class=\"_ _335\"> </span>the profi<span class=\"_ _9\"></span>t arisin<span class=\"_ _9\"></span>g from th<span class=\"_ _9\"></span>e ongo<span class=\"_ _9\"></span>ing op<span class=\"_ _9\"></span>era<span class=\"_ _9\"></span>tions o<span class=\"_ _9\"></span>f the Gr<span class=\"_ _9\"></span>oup is an<span class=\"_ _9\"></span>alyse<span class=\"_ _9\"></span>d be<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>we<span class=\"_ _9\"></span>en the fo<span class=\"_ _9\"></span>ur se<span class=\"_ _9\"></span>gment<span class=\"_ _9\"></span>s. The adm<span class=\"_ _9\"></span>inis<span class=\"_ _9\"></span>trati<span class=\"_ _9\"></span>ve cos<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s, which a<span class=\"_ _9\"></span>re<span class=\"_ _335\"> </span>pre<span class=\"_ _9\"></span>domin<span class=\"_ _9\"></span>antly s<span class=\"_ _9\"></span>taff co<span class=\"_ _9\"></span>st<span class=\"_ _9\"></span>s for c<span class=\"_ _9\"></span>entrali<span class=\"_ _9\"></span>sed f<span class=\"_ _9\"></span>unc<span class=\"_ _9\"></span>tio<span class=\"_ _9\"></span>ns, are all tre<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>d as adm<span class=\"_ _9\"></span>inis<span class=\"_ _9\"></span>trati<span class=\"_ _9\"></span>ve exp<span class=\"_ _9\"></span>ens<span class=\"_ _9\"></span>es and ar<span class=\"_ _9\"></span>e not al<span class=\"_ _9\"></span>loc<span class=\"_ _9\"></span>ated to in<span class=\"_ _9\"></span>div<span class=\"_ _9\"></span>idual s<span class=\"_ _9\"></span>egm<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s.<span class=\"_ _335\"> </span>The Gr<span class=\"_ _9\"></span>oup man<span class=\"_ _9\"></span>age<span class=\"_ _9\"></span>s it<span class=\"_ _9\"></span>s financin<span class=\"_ _9\"></span>g s<span class=\"_ _9\"></span>truc<span class=\"_ _9\"></span>tur<span class=\"_ _9\"></span>e, with the e<span class=\"_ _9\"></span>xcepti<span class=\"_ _9\"></span>on of jo<span class=\"_ _9\"></span>int ventur<span class=\"_ _9\"></span>es and n<span class=\"_ _9\"></span>on-who<span class=\"_ _9\"></span>lly ow<span class=\"_ _9\"></span>ned su<span class=\"_ _9\"></span>bsidia<span class=\"_ _9\"></span>ries, o<span class=\"_ _9\"></span>n a poo<span class=\"_ _9\"></span>le<span class=\"_ _9\"></span>d basi<span class=\"_ _9\"></span>s.<span class=\"_ _335\"> </span>Individual<span class=\"_ _2\"></span> joint v<span class=\"_ _2\"></span>entures a<span class=\"_ _2\"></span>nd non-<span class=\"_ _11\"></span>wholly owned subsidiar<span class=\"_ _2\"></span>ies may have specifi<span class=\"_ _2\"></span>c financ<span class=\"_ _2\"></span>ing arr<span class=\"_ _2\"></span>angements in place<span class=\"_ _11\"></span>. Debt facilities<span class=\"_ _2\"></span> and fina<span class=\"_ _2\"></span>nce<span class=\"_ _335\"> </span>expenses, incl<span class=\"_ _2\"></span>uding t<span class=\"_ _2\"></span>hose of joi<span class=\"_ _2\"></span>nt vent<span class=\"_ _2\"></span>ures,<span class=\"_ _2\"></span> are managed cen<span class=\"_ _2\"></span>trally<span class=\"_ _2\"></span> and are<span class=\"_ _11\"></span> therefore not attributed to a<span class=\"_ _2\"></span> par<span class=\"_ _9\"></span>ticular<span class=\"_ _11\"></span> se<span class=\"_ _9\"></span>gment<span class=\"_ _2\"></span>. Unal<span class=\"_ _2\"></span>located<span class=\"_ _335\"> </span>incom<span class=\"_ _9\"></span>e and ex<span class=\"_ _9\"></span>pen<span class=\"_ _9\"></span>ses ar<span class=\"_ _9\"></span>e item<span class=\"_ _9\"></span>s incurr<span class=\"_ _9\"></span>ed ce<span class=\"_ _9\"></span>ntrally w<span class=\"_ _9\"></span>hich a<span class=\"_ _9\"></span>re not d<span class=\"_ _9\"></span>irec<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>ly at<span class=\"_ _9\"></span>tr<span class=\"_ _9\"></span>ibutab<span class=\"_ _9\"></span>le to one o<span class=\"_ _9\"></span>f the se<span class=\"_ _9\"></span>gme<span class=\"_ _9\"></span>nts.<span class=\"_ _335\"> </span>All items<span class=\"_ _2\"></span> in the<span class=\"_ _2\"></span> segmental i<span class=\"_ _11\"></span>nformation note are<span class=\"_ _11\"></span> presented on a proportionate basis.<span class=\"_ _335\"> </span>SEGMENT<span class=\"_ _1\"></span>AL RESUL<span class=\"_ _11\"></span>TS<span class=\"_ _335\"> </span>EPR<span class=\"_ _9\"></span>A EARNINGS<span class=\"_ _335\"> </span><table class=\"s wbb hc1\" id=\"_08d870e2-bdba-4004-8c7d-0c21e7bd1fc4\"><tr><td></td><td></td><td></td><td></td><td></td><td class=\"c n x42d y329c w1c hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td></td><td class=\"c x42f y329c wbc hb8\"><div class=\"t m0 x239 h15 y320f ff3 fsd fc2 sc0 ls40 wsbe\">2025</div><div class=\"t m0 x42e h48 y3267 ff3 fs39 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"t m0 x430 h15 y329d ff2 fsd fc2 sc0 ls78 ws7e\">Office-<span class=\"_ _335\"> </span></td><td class=\"t m0 x431 h15 y329d ff2 fsd fc2 sc0 ls78 ws7e\">Retail-<span class=\"_ _335\"> </span></td><td class=\"t m0 x432 h15 y329d ff2 fsd fc2 sc0 ls1 ws1\">Residential<span class=\"_ _2\"></span>-<span class=\"_ _335\"> </span></td><td class=\"t m0 x433 h15 y329d ff2 fsd fc2 sc0 ls41 ws7c\">Other </td><td></td><td class=\"t m0 x434 h15 y329d ff3 fsd fc2 sc0 ls78 ws7e\">Office-<span class=\"_ _335\"> </span></td><td class=\"t m0 x435 h15 y329d ff3 fsd fc2 sc0 ls3a ws37\">Reta<span class=\"_ _9\"></span>il-<span class=\"_ _335\"> </span></td><td class=\"t m0 x436 h15 y329d ff3 fsd fc2 sc0 ls1 ws1\">Residential-<span class=\"_ _335\"> </span></td><td class=\"t m0 x437 h15 y329d ff3 fsd fc2 sc0 ls75 ws7a\">Othe<span class=\"_ _9\"></span>r </td><td></td></tr><tr><td></td><td class=\"t m0 x438 h15 y329e ff2 fsd fc2 sc0 ls41 ws7c\">led<span class=\"_ _335\"> </span></td><td class=\"t m0 x439 h15 y329e ff2 fsd fc2 sc0 ls41 ws7c\">led<span class=\"_ _335\"> </span></td><td class=\"t m0 x43a h15 y329e ff2 fsd fc2 sc0 ls41 ws7c\">led<span class=\"_ _335\"> </span></td><td class=\"t m0 x433 h15 y329e ff2 fsd fc2 sc0 ls1 ws1\">assets<span class=\"_ _335\"> </span></td><td class=\"t m0 x43b h15 y329e ff2 fsd fc2 sc0 lsa4 wsb2\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td><td class=\"t m0 x43c h15 y329e ff3 fsd fc2 sc0 ls41 ws7c\">led<span class=\"_ _335\"> </span></td><td class=\"t m0 x43d h15 y329e ff3 fsd fc2 sc0 ls41 ws7c\">led<span class=\"_ _335\"> </span></td><td class=\"t m0 x43e h15 y329e ff3 fsd fc2 sc0 ls41 ws7c\">led<span class=\"_ _335\"> </span></td><td class=\"t m0 x43f h15 y329e ff3 fsd fc2 sc0 lsa6 ws96\">assets<span class=\"_ _335\"> </span></td><td class=\"t m0 x440 h15 y329e ff3 fsd fc2 sc0 lsa7 ws6c\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x441 h15 y329f ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x442 h15 y329f ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x43a h15 y329f ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x443 h15 y329f ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x444 h15 y329f ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x43c h15 y329f ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x43d h15 y329f ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x43e h15 y329f ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x445 h15 y329f ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x446 h15 y329f ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x447 y32a0 wbd hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Rent<span class=\"_ _2\"></span>al income<span class=\"_ _335\"> </span></div></td><td class=\"c n x448 y32a0 w20 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">327</div></td><td class=\"c n x449 y32a0 w20 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">264<span class=\"_ _335\"> </span></div></td><td class=\"c n x44a y32a0 w2d hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">12<span class=\"_ _335\"> </span></div></td><td class=\"c n x44b y32a0 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">52</div></td><td class=\"c n x44c y32a0 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">655</div></td><td class=\"c n x44d y32a0 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">327</div></td><td class=\"c n x44e y32a0 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">222<span class=\"_ _335\"> </span></div></td><td class=\"c n x44f y32a0 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">12<span class=\"_ _335\"> </span></div></td><td class=\"c n x450 y32a0 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">74</div></td><td class=\"c n x451 y32a0 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">635<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32a1 wbe hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Finance lease i<span class=\"_ _2\"></span>nterest<span class=\"_ _335\"> </span></div></td><td class=\"c n x452 y32a1 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x453 y32a1 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x454 y32a1 w2f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x455 y32a1 w25 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x456 y32a1 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x457 y32a1 w5c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x458 y32a1 w5c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x459 y32a1 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x45a y32a1 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x45b y32a1 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32a2 wbf hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls4a ws1\">Gros<span class=\"_ _9\"></span>s rental inco<span class=\"_ _9\"></span>me (befor<span class=\"_ _9\"></span>e rents p<span class=\"_ _9\"></span>ayabl<span class=\"_ _9\"></span>e<span class=\"_ _11\"></span>)<span class=\"_ _335\"> </span></div></td><td class=\"c n x45c y32a2 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">327</div></td><td class=\"c n x45d y32a2 w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">264<span class=\"_ _335\"> </span></div></td><td class=\"c n x45e y32a2 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">12<span class=\"_ _335\"> </span></div></td><td class=\"c n x45f y32a2 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">53</div></td><td class=\"c n x460 y32a2 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">656</div></td><td class=\"c n x461 y32a2 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">327</div></td><td class=\"c n x462 y32a2 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">222<span class=\"_ _335\"> </span></div></td><td class=\"c n x463 y32a2 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">12<span class=\"_ _335\"> </span></div></td><td class=\"c n x464 y32a2 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">75</div></td><td class=\"c n x465 y32a2 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">636<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y32a4 wc0 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Rents paya<span class=\"_ _2\"></span>ble</div><div class=\"t m0 x466 h16 y32a3 ff3 fse fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x467 y32a5 w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(3)</div></td><td class=\"c n x468 y32a5 w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(9)<span class=\"_ _335\"> </span></div></td><td class=\"c n x469 y32a5 w2f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x46a y32a5 w2f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013</div></td><td class=\"c n x46b y32a5 w2b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(12)</div></td><td class=\"c n x46c y32a5 w87 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(4)</div></td><td class=\"c n x46d y32a5 w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(7)<span class=\"_ _335\"> </span></div></td><td class=\"c n x46e y32a5 w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x46f y32a5 w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(1)</div></td><td class=\"c n x470 y32a5 w32 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(12)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32a6 wc1 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">Gross ren<span class=\"_ _11\"></span>tal income<span class=\"_ _2\"></span> (<span class=\"_ _11\"></span>after ren<span class=\"_ _11\"></span>t<span class=\"_ _9\"></span>s paya<span class=\"_ _2\"></span>ble<span class=\"_ _11\"></span>)<span class=\"_ _335\"> </span></div></td><td class=\"c n x471 y32a6 w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">324</div></td><td class=\"c n x472 y32a6 w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">255<span class=\"_ _335\"> </span></div></td><td class=\"c n x473 y32a6 w2d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">12<span class=\"_ _335\"> </span></div></td><td class=\"c n x474 y32a6 w2d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">53</div></td><td class=\"c n x475 y32a6 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">644</div></td><td class=\"c n x476 y32a6 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">323</div></td><td class=\"c n x477 y32a6 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">215<span class=\"_ _335\"> </span></div></td><td class=\"c n x478 y32a6 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">12<span class=\"_ _335\"> </span></div></td><td class=\"c n x479 y32a6 w34 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">74</div></td><td class=\"c n x47a y32a6 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">624<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y32a7 wc2 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Ser<span class=\"_ _9\"></span>vice charge i<span class=\"_ _2\"></span>ncome</div><div class=\"t m0 x47b h16 y32a3 ff3 fse fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x47c y32a8 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">85<span class=\"_ _335\"> </span></div></td><td class=\"c n x47d y32a8 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">99<span class=\"_ _335\"> </span></div></td><td class=\"c n x47e y32a8 w25 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n x47f y32a8 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">11</div></td><td class=\"c n x480 y32a8 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">200<span class=\"_ _335\"> </span></div></td><td class=\"c n x481 y32a8 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">77<span class=\"_ _335\"> </span></div></td><td class=\"c n x482 y32a8 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">75<span class=\"_ _335\"> </span></div></td><td class=\"c n x483 y32a8 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n x484 y32a8 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">8</div></td><td class=\"c n x485 y32a8 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">165<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y32aa wc3 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Ser<span class=\"_ _9\"></span>vice charge e<span class=\"_ _2\"></span>xpense</div><div class=\"t m0 x486 h16 y32a9 ff3 fse fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x487 y32aa w2b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(85)</div></td><td class=\"c n x488 y32aa w26 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(103)<span class=\"_ _335\"> </span></div></td><td class=\"c n x489 y32aa wc4 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(6)</div></td><td class=\"c n x48a y32aa wc5 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(12)</div></td><td class=\"c n x48b y32aa w30 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(206)</div></td><td class=\"c n x48c y32aa w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(81)</div></td><td class=\"c n x48d y32aa w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(80)<span class=\"_ _335\"> </span></div></td><td class=\"c n x48e y32aa w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(5)</div></td><td class=\"c n x48f y32aa w32 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(10)</div></td><td class=\"c n x490 y32aa w29 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(176)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32ab wc6 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Net ser<span class=\"_ _9\"></span>vice charge<span class=\"_ _2\"></span> expense<span class=\"_ _335\"> </span></div></td><td class=\"c n x491 y32ab w2f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x492 y32ab w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(4)<span class=\"_ _335\"> </span></div></td><td class=\"c n x493 y32ab wc4 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(1)</div></td><td class=\"c n x494 y32ab wc4 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(1)</div></td><td class=\"c n x495 y32ab w8d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(6)</div></td><td class=\"c n x496 y32ab w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(4)</div></td><td class=\"c n x497 y32ab w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(5)<span class=\"_ _335\"> </span></div></td><td class=\"c n x498 y32ab w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x499 y32ab w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(2)</div></td><td class=\"c n x49a y32ab w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(11)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32ac wc7 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other proper<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y related inc<span class=\"_ _2\"></span>ome<span class=\"_ _335\"> </span></div></td><td class=\"c n x49b y32ac w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td><td class=\"c n x49c y32ac w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">8<span class=\"_ _335\"> </span></div></td><td class=\"c n x49d y32ac w25 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x49e y32ac w25 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x49f y32ac w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">34<span class=\"_ _335\"> </span></div></td><td class=\"c n x4a0 y32ac w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">23<span class=\"_ _335\"> </span></div></td><td class=\"c n x4a1 y32ac w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">8<span class=\"_ _335\"> </span></div></td><td class=\"c n x4a2 y32ac w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x4a3 y32ac w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x4a4 y32ac w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">36<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32ad wc8 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Direct proper<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y expenditure<span class=\"_ _335\"> </span></div></td><td class=\"c n x4a5 y32ad w2b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(51)</div></td><td class=\"c n x4a6 y32ad w2b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(48)<span class=\"_ _335\"> </span></div></td><td class=\"c n x4a7 y32ad wc4 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(5)</div></td><td class=\"c n x4a8 y32ad wc4 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(7)</div></td><td class=\"c n x4a9 y32ad w30 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(111)</div></td><td class=\"c n x4aa y32ad w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(49)</div></td><td class=\"c n x4ab y32ad w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(45)<span class=\"_ _335\"> </span></div></td><td class=\"c n x4ac y32ad w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(4)</div></td><td class=\"c n x4ad y32ad w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(11)</div></td><td class=\"c n x4ae y32ad w29 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(109)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32ae wc9 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other operating income<span class=\"_ _335\"> </span></div></td><td class=\"c n x4af y32ae w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td><td class=\"c n x4b0 y32ae w2f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x4b1 y32ae w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x4b2 y32ae w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x4b3 y32ae w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td><td class=\"c n x4b4 y32ae w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td><td class=\"c n x4b5 y32ae w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x4b6 y32ae w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x4b7 y32ae w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x4b8 y32ae w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32af wca hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other operating expense<span class=\"_ _335\"> </span></div></td><td class=\"c n x4b9 y32af w2b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(23)<span class=\"_ _335\"> </span></div></td><td class=\"c n x4ba y32af w2f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x4bb y32af w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x4bc y32af w2f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013</div></td><td class=\"c n x4bd y32af w27 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(23)</div></td><td class=\"c n x4be y32af w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(9)<span class=\"_ _335\"> </span></div></td><td class=\"c n x4bf y32af w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x4c0 y32af w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x4c1 y32af w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x4c2 y32af w87 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(9)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x4c3 h9 y32b0 ff3 fs6 fc2 sc0 ls29 ws28\">Movement i<span class=\"_ _11\"></span>n bad and doubtful debts </td><td class=\"c n x4c4 y32b1 w25 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x4c5 y32b1 wc4 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n x4c6 y32b1 w2f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x4c7 y32b1 w25 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x4c8 y32b1 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x4c9 y32b1 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x4ca y32b1 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n x4cb y32b1 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x4cc y32b1 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x4cd y32b1 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x4c3 h9 y32b2 ff3 fs6 fc2 sc0 ls65 ws63\">provision<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y32b3 wcb hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">Segment net<span class=\"_ _2\"></span> rent<span class=\"_ _2\"></span>al inc<span class=\"_ _11\"></span>om<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span></div></td><td class=\"c n x4ce y32b3 w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">295</div></td><td class=\"c n x4cf y32b3 w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">210<span class=\"_ _335\"> </span></div></td><td class=\"c n x4d0 y32b3 w25 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n x4d1 y32b3 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">50</div></td><td class=\"c n x4d2 y32b3 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">562</div></td><td class=\"c n x4d3 y32b3 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">295</div></td><td class=\"c n x4d4 y32b3 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">180<span class=\"_ _335\"> </span></div></td><td class=\"c n x4d5 y32b3 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td><td class=\"c n x4d6 y32b3 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">66</div></td><td class=\"c n x4d7 y32b3 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">552<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32b4 wcc hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other income<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td></td><td class=\"c n x4d8 y32b4 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td></td><td class=\"c n x4d9 y32b4 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32b5 wcd hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls37 ws34\">Administra<span class=\"_ _9\"></span>tive expe<span class=\"_ _9\"></span>nse<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td></td><td class=\"c n x4da y32b5 w2b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(61)<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td></td><td class=\"c n x4db y32b5 w32 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(71)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32b6 wce hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws48\">Depreciation<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td></td><td class=\"c n x4dc y32b6 w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td></td><td class=\"c n x4dd y32b6 w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(3)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32b7 wcf hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">EPR<span class=\"_ _9\"></span>A e<span class=\"_ _9\"></span>arnings b<span class=\"_ _9\"></span>efore inter<span class=\"_ _9\"></span>est<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td></td><td class=\"c n x4de y32b7 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">500<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td></td><td class=\"c n x4df y32b7 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">479<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32b8 wd0 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls26 ws1\">Finance income<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td></td><td class=\"c n x4e0 y32b8 w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td></td><td class=\"c n x4e1 y32b8 w34 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">15<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32b9 w38 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Finance expense<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td></td><td class=\"c n x4e2 y32b9 w30 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(124)<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td></td><td class=\"c n x4e3 y32b9 w29 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(109)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32ba wd1 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Joint v<span class=\"_ _2\"></span>enture<span class=\"_ _2\"></span> net finance e<span class=\"_ _2\"></span>xpense<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td></td><td class=\"c n x4e4 y32ba w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(8)<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td></td><td class=\"c n x4e5 y32ba w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(11)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x4c3 h9 y32bb ff2 fs6 fc2 sc0 ls8f ws42\">EPRA earnings<span class=\"_ _11\"></span> attribut<span class=\"_ _11\"></span>able to shar<span class=\"_ _2\"></span>eholders </td><td></td><td></td><td></td><td></td><td class=\"c n x42d y32bc w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">382<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td></td><td class=\"c n x4e6 y32bc w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">374<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x4c3 h9 y32bd ff2 fs6 fc2 sc0 ls22 ws1\">of the par<span class=\"_ _9\"></span>ent<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y32be wd2 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Capital/<span class=\"_ _1\"></span>other items<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td></td><td class=\"c n x4e7 y32be w2b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(36)<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td></td><td class=\"c n x4e8 y32be w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">19<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y329b w3a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Profit befo<span class=\"_ _9\"></span>re tax<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td></td><td class=\"c n x4e9 y329b w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">346<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td></td><td class=\"c n x4ea y329b w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">393<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3227 w3b hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 lsbb ws18f\">Ta<span class=\"_ _a\"></span>x<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>t<span class=\"_ _9\"></span>i<span class=\"_ _a\"></span>o<span class=\"_ _a\"></span>n<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td></td><td class=\"c n x4eb y3227 w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td></td><td class=\"c n x4ec y3227 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3228 w3c hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Profit for the year<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td></td><td class=\"c n x4e9 y3228 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">344<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td></td><td class=\"c n x4ea y3228 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">396<span class=\"_ _335\"> </span></div></td></tr></table>1. <span class=\"_ _9\"></span>Re<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>tate<span class=\"_ _9\"></span>d fo<span class=\"_ _9\"></span>r ch<span class=\"_ _9\"></span>ang<span class=\"_ _9\"></span>es i<span class=\"_ _9\"></span>n the G<span class=\"_ _9\"></span>rou<span class=\"_ _9\"></span>p\u2019s opera<span class=\"_ _9\"></span>tin<span class=\"_ _9\"></span>g se<span class=\"_ _9\"></span>gm<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s as o<span class=\"_ _9\"></span>ut<span class=\"_ _9\"></span>lin<span class=\"_ _9\"></span>ed in t<span class=\"_ _9\"></span>he n<span class=\"_ _9\"></span>ote n<span class=\"_ _9\"></span>arr<span class=\"_ _9\"></span>ati<span class=\"_ _9\"></span>ve ab<span class=\"_ _9\"></span>ove.<span class=\"_ _335\"> </span>2<span class=\"_ _2\"></span>. <span class=\"_ _a\"></span>Inc<span class=\"_ _9\"></span>lud<span class=\"_ _9\"></span>e<span class=\"_ _9\"></span>d wi<span class=\"_ _9\"></span>thin r<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s p<span class=\"_ _9\"></span>aya<span class=\"_ _9\"></span>ble i<span class=\"_ _9\"></span>s le<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>e inte<span class=\"_ _9\"></span>re<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t pa<span class=\"_ _9\"></span>yab<span class=\"_ _9\"></span>le of <span class=\"ff2 ls14f ws186\">\u00a3<span class=\"_ _9\"></span>7m<span class=\"_ _9\"></span></span> (2025<span class=\"_ _11\"></span>: \u00a38m) acros<span class=\"_ _9\"></span>s th<span class=\"_ _9\"></span>e fou<span class=\"_ _9\"></span>r se<span class=\"_ _9\"></span>gme<span class=\"_ _9\"></span>nt<span class=\"_ _9\"></span>s.<span class=\"_ _335\"> </span>3<span class=\"_ _11\"></span>. <span class=\"_ _32\"> </span>Cur<span class=\"_ _9\"></span>ren<span class=\"_ _9\"></span>t yea<span class=\"_ _9\"></span>r ba<span class=\"_ _9\"></span>lan<span class=\"_ _9\"></span>ce<span class=\"_ _9\"></span>s refl<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>t a r<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>las<span class=\"_ _9\"></span>si<span class=\"_ _9\"></span>fica<span class=\"_ _9\"></span>tio<span class=\"_ _9\"></span>n of s<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>v<span class=\"_ _9\"></span>ic<span class=\"_ _9\"></span>e cha<span class=\"_ _9\"></span>rge m<span class=\"_ _9\"></span>an<span class=\"_ _9\"></span>age<span class=\"_ _9\"></span>me<span class=\"_ _9\"></span>nt f<span class=\"_ _9\"></span>ee<span class=\"_ _9\"></span>s fro<span class=\"_ _9\"></span>m se<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>vi<span class=\"_ _9\"></span>ce c<span class=\"_ _9\"></span>har<span class=\"_ _9\"></span>ge ex<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>ns<span class=\"_ _9\"></span>e to se<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>vi<span class=\"_ _9\"></span>ce c<span class=\"_ _9\"></span>har<span class=\"_ _9\"></span>ge in<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>me of <span class=\"ff2 ls115 ws141\">\u00a3<span class=\"_ _9\"></span>11m</span>. Whi<span class=\"_ _9\"></span>le th<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span>com<span class=\"_ _9\"></span>pa<span class=\"_ _9\"></span>rat<span class=\"_ _9\"></span>ive<span class=\"_ _9\"></span>s ha<span class=\"_ _9\"></span>ve no<span class=\"_ _9\"></span>t b<span class=\"_ _9\"></span>ee<span class=\"_ _9\"></span>n re<span class=\"_ _9\"></span>st<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>d, th<span class=\"_ _9\"></span>e equ<span class=\"_ _9\"></span>iva<span class=\"_ _9\"></span>le<span class=\"_ _9\"></span>nt re<span class=\"_ _9\"></span>cl<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>sific<span class=\"_ _9\"></span>ati<span class=\"_ _9\"></span>on wo<span class=\"_ _9\"></span>ul<span class=\"_ _9\"></span>d ha<span class=\"_ _9\"></span>ve be<span class=\"_ _9\"></span>en \u00a38m.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfEntitysReportableSegmentsExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-370": {
   "value": "<div class=\"t m0 ha2 ff1 fs7 fc0 sc0 ls1 ws1 gs177\">5<span class=\"_ _1c0\"> </span><span class=\"fc4 lsd2 wsf3\">PERFORMANCE MEASURE<span class=\"_ _9\"></span>S<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs178\">In the<span class=\"_ _2\"></span> tables below<span class=\"_ _1\"></span>, we present earni<span class=\"_ _11\"></span>ngs per share attributable t<span class=\"_ _2\"></span>o shareholders of<span class=\"_ _2\"></span> the parent<span class=\"_ _11\"></span>, calculated in accor<span class=\"_ _2\"></span>dance with I<span class=\"_ _11\"></span>FRS, and net </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs179\">ass<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s per s<span class=\"_ _9\"></span>hare a<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>tribu<span class=\"_ _9\"></span>table to sh<span class=\"_ _9\"></span>areho<span class=\"_ _9\"></span>lde<span class=\"_ _9\"></span>rs of th<span class=\"_ _9\"></span>e par<span class=\"_ _9\"></span>ent tog<span class=\"_ _9\"></span>eth<span class=\"_ _9\"></span>er wi<span class=\"_ _9\"></span>th cer<span class=\"_ _a\"></span>tain meas<span class=\"_ _9\"></span>ures d<span class=\"_ _9\"></span>efined by th<span class=\"_ _9\"></span>e Europe<span class=\"_ _9\"></span>an Publi<span class=\"_ _9\"></span>c Real Es<span class=\"_ _9\"></span>ta<span class=\"_ _9\"></span>te </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs17a\">As<span class=\"_ _9\"></span>so<span class=\"_ _9\"></span>ciati<span class=\"_ _9\"></span>on (EPRA)<span class=\"_ _11\"></span>, whic<span class=\"_ _9\"></span>h have b<span class=\"_ _9\"></span>een i<span class=\"_ _9\"></span>nclu<span class=\"_ _9\"></span>ded to as<span class=\"_ _9\"></span>sis<span class=\"_ _9\"></span>t co<span class=\"_ _9\"></span>mpa<span class=\"_ _9\"></span>riso<span class=\"_ _9\"></span>n be<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>ween Euro<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>an prop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y c<span class=\"_ _9\"></span>omp<span class=\"_ _9\"></span>anie<span class=\"_ _9\"></span>s. Three of th<span class=\"_ _9\"></span>e Group\u2019s k<span class=\"_ _11\"></span>ey finan<span class=\"_ _9\"></span>cial<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs17b\">per<span class=\"_ _9\"></span>f<span class=\"_ _9\"></span>orman<span class=\"_ _9\"></span>ce me<span class=\"_ _9\"></span>asur<span class=\"_ _9\"></span>es are EPR<span class=\"_ _9\"></span>A e<span class=\"_ _9\"></span>arning<span class=\"_ _9\"></span>s per s<span class=\"_ _9\"></span>hare, EPRA N<span class=\"_ _9\"></span>et T<span class=\"_ _2\"></span>angibl<span class=\"_ _9\"></span>e A<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>ts p<span class=\"_ _9\"></span>er sh<span class=\"_ _9\"></span>are and T<span class=\"_ _2\"></span>otal ac<span class=\"_ _9\"></span>countin<span class=\"_ _9\"></span>g retu<span class=\"_ _9\"></span>rn. Refer to table 73 in th<span class=\"_ _9\"></span>e </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs17c\">Business Analysis section for fu<span class=\"_ _2\"></span>rther details on t<span class=\"_ _2\"></span>hese alternativ<span class=\"_ _2\"></span>e performance measures.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls26 ws1 gs17d\">EPRA e<span class=\"_ _9\"></span>arnin<span class=\"_ _9\"></span>gs, whic<span class=\"_ _9\"></span>h is a tax adju<span class=\"_ _9\"></span>ste<span class=\"_ _9\"></span>d me<span class=\"_ _9\"></span>asure o<span class=\"_ _9\"></span>f unde<span class=\"_ _9\"></span>rly<span class=\"_ _9\"></span>ing ear<span class=\"_ _9\"></span>nings, is th<span class=\"_ _9\"></span>e bas<span class=\"_ _9\"></span>is for th<span class=\"_ _9\"></span>e calcu<span class=\"_ _9\"></span>latio<span class=\"_ _9\"></span>n of EPR<span class=\"_ _9\"></span>A ear<span class=\"_ _9\"></span>nings p<span class=\"_ _9\"></span>er sh<span class=\"_ _9\"></span>are. W<span class=\"_ _11\"></span>e b<span class=\"_ _9\"></span>eli<span class=\"_ _9\"></span>eve </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls1f ws28 gs17e\">EP<span class=\"_ _11\"></span>R<span class=\"_ _a\"></span>A earn<span class=\"_ _2\"></span>ings and<span class=\"_ _2\"></span> EP<span class=\"_ _11\"></span>R<span class=\"_ _a\"></span>A earn<span class=\"_ _2\"></span>ings per shar<span class=\"_ _2\"></span>e provide<span class=\"_ _2\"></span> further insight i<span class=\"_ _2\"></span>nto t<span class=\"_ _2\"></span>he results of<span class=\"_ _2\"></span> the Group<span class=\"_ _11\"></span>\u2019<span class=\"_ _2\"></span>s operational<span class=\"_ _2\"></span> per<span class=\"_ _9\"></span>formance t<span class=\"_ _2\"></span>o stak<span class=\"_ _11\"></span>eho<span class=\"_ _9\"></span>lders as </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls26 ws1 gs17f\">they foc<span class=\"_ _9\"></span>us on th<span class=\"_ _9\"></span>e rental in<span class=\"_ _9\"></span>com<span class=\"_ _9\"></span>e per<span class=\"_ _9\"></span>f<span class=\"_ _9\"></span>orman<span class=\"_ _9\"></span>ce of th<span class=\"_ _9\"></span>e busin<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>s and exclu<span class=\"_ _9\"></span>de Cap<span class=\"_ _9\"></span>ital and o<span class=\"_ _9\"></span>the<span class=\"_ _9\"></span>r items w<span class=\"_ _9\"></span>hich c<span class=\"_ _9\"></span>an var<span class=\"_ _9\"></span>y sig<span class=\"_ _9\"></span>nificantl<span class=\"_ _9\"></span>y from ye<span class=\"_ _9\"></span>ar to year<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></div><div class=\"t m0 h11 ff1 fs9 fc2 sc0 ls73 ws79 gs180\">EARNINGS PER<span class=\"_ _2\"></span> SHARE<span class=\"_ _335\"> </span></div><div class=\"gs181\"><table class=\"s wd3 hc2\" id=\"_436f0e08-8fb1-4fe0-b1d2-113d66307a86\"><tr><td></td><td class=\"c n x334 y32bf wd4 hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls74 ws1\">Y<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>ar e<span class=\"_ _9\"></span>nd<span class=\"_ _9\"></span>ed 31 Ma<span class=\"_ _9\"></span>rch 2026<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n x4ed y32bf wd5 hb8\"><div class=\"t m0 x239 h15 y320f ff3 fsd fc2 sc0 ls74 ws1\">Y<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>ar e<span class=\"_ _9\"></span>nd<span class=\"_ _9\"></span>ed 31 Mar<span class=\"_ _9\"></span>ch 2025<span class=\"_ _335\"> </span></div></td><td></td></tr><tr><td></td><td class=\"t m0 x4ee h15 y32c0 ff2 fsd fc2 sc0 ls154 ws194\">Profit for </td><td class=\"t m0 x4ef h15 y32c0 ff2 fsd fc2 sc0 ls1 ws1\">EPRA </td><td class=\"t m0 x241 h15 y32c0 ff3 fsd fc2 sc0 ls1 ws8e\">Profit for </td><td class=\"t m0 x4f0 h15 y32c0 ff3 fsd fc2 sc0 ls101 ws18e\">EPR<span class=\"_ _9\"></span>A </td></tr><tr><td></td><td class=\"t m0 x33f h15 y32c1 ff2 fsd fc2 sc0 ls74 ws1\">the ye<span class=\"_ _9\"></span>ar<span class=\"_ _335\"> </span></td><td class=\"t m0 x245 h15 y32c1 ff2 fsd fc2 sc0 ls78 ws7e\">earnings<span class=\"_ _335\"> </span></td><td class=\"t m0 x340 h15 y32c1 ff3 fsd fc2 sc0 ls74 ws1\">the ye<span class=\"_ _9\"></span>ar<span class=\"_ _335\"> </span></td><td class=\"t m0 x4f1 h15 y32c1 ff3 fsd fc2 sc0 ls76 ws13e\">earnings<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24b h15 y32c2 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y32c2 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x4f2 h15 y32c2 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x4f3 h15 y32c2 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y322f wd6 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Profit<span class=\"_ _2\"></span> attributable to<span class=\"_ _11\"></span> shareholders of the parent<span class=\"_ _335\"> </span></div></td><td class=\"c n x4f4 y322f w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">343<span class=\"_ _335\"> </span></div></td><td class=\"c n x4f5 y322f w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">343<span class=\"_ _335\"> </span></div></td><td class=\"c n x4f6 y322f w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">396<span class=\"_ _335\"> </span></div></td><td class=\"c n x4f7 y322f w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">396<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y3223 wd7 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">V<span class=\"_ _11\"></span>aluation and loss<span class=\"_ _2\"></span> on disposals</div><div class=\"t m0 x4f8 h16 y32a9 ff3 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x4f9 y3223 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x4fa y3223 w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(17)<span class=\"_ _335\"> </span></div></td><td class=\"c n x4fb y3223 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x4fc y3223 w32 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(84)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3224 wd8 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Net finance e<span class=\"_ _11\"></span>x<span class=\"_ _9\"></span>pense (<span class=\"_ _11\"></span>excluded fr<span class=\"_ _2\"></span>om EP<span class=\"_ _11\"></span>R<span class=\"_ _9\"></span>A earnings<span class=\"_ _11\"></span>)<span class=\"_ _335\"> </span></div></td><td class=\"c n x2f1 y3224 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x356 y3224 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">9<span class=\"_ _335\"> </span></div></td><td class=\"c n x4fd y3224 w5c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x4fe y3224 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">39<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3225 wd9 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Impair<span class=\"_ _9\"></span>ment o<span class=\"_ _9\"></span>f goo<span class=\"_ _9\"></span>dw<span class=\"_ _9\"></span>ill<span class=\"_ _335\"> </span></div></td><td class=\"c n x4ff y3225 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x500 y3225 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x501 y3225 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x502 y3225 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32be w3b hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 lsbb ws18f\">Ta<span class=\"_ _a\"></span>x<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>t<span class=\"_ _9\"></span>i<span class=\"_ _a\"></span>o<span class=\"_ _a\"></span>n<span class=\"_ _335\"> </span></div></td><td class=\"c n x503 y32be w37 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x504 y32be w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x505 y32be w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x506 y32be w87 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(3)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3233 wda hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Net development<span class=\"_ _2\"></span> contract and tra<span class=\"_ _11\"></span>nsac<span class=\"_ _9\"></span>tion expenditure<span class=\"_ _335\"> </span></div></td><td class=\"c n x3ec y3233 w37 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x507 y3233 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">30<span class=\"_ _335\"> </span></div></td><td class=\"c n x508 y3233 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x509 y3233 w87 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(3)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3227 wdb hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Restructuring, i<span class=\"_ _11\"></span>ntegration and other<span class=\"_ _2\"></span> costs<span class=\"_ _335\"> </span></div></td><td class=\"c n x3ec y3227 w37 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x507 y3227 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">15<span class=\"_ _335\"> </span></div></td><td class=\"c n x508 y3227 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x50a y3227 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3228 wdc hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Profit use<span class=\"_ _9\"></span>d in per s<span class=\"_ _9\"></span>hare cal<span class=\"_ _9\"></span>culation<span class=\"_ _335\"> </span></div></td><td class=\"c n x295 y3228 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">343<span class=\"_ _335\"> </span></div></td><td class=\"c n x50b y3228 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">382<span class=\"_ _335\"> </span></div></td><td class=\"c n x50c y3228 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">396<span class=\"_ _335\"> </span></div></td><td class=\"c n x50d y3228 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">374<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"gs182\"><table class=\"s wdd hc3\" id=\"_1dd78467-34a8-4580-b537-8f2f10c40c01\"><tr><td></td><td class=\"c n x50e y32c3 wde hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls7b ws82\">IFRS<span class=\"_ _335\"> </span></div></td><td class=\"c n x50f y32c3 wdf hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls7b ws82\">EPR<span class=\"_ _a\"></span>A<span class=\"_ _335\"> </span></div></td><td class=\"c n x510 y32c3 we0 hbc\"><div class=\"t m0 x239 h15 y3229 ff3 fsd fc2 sc0 ls7b ws82\">I<span class=\"_ _9\"></span>FRS<span class=\"_ _335\"> </span></div></td><td class=\"c n x511 y32c3 we1 hbc\"><div class=\"t m0 x239 h15 y3229 ff3 fsd fc2 sc0 ls101 ws18e\">EPR<span class=\"_ _9\"></span>A<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3227 we2 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">Basic earnings p<span class=\"_ _9\"></span>er share<span class=\"_ _335\"> </span></div></td><td class=\"c n x512 y3227 w40 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">46.2p<span class=\"_ _335\"> </span></div></td><td class=\"c n x513 y3227 w40 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">51.4p<span class=\"_ _335\"> </span></div></td><td class=\"c n x514 y3227 w41 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">53.3p<span class=\"_ _335\"> </span></div></td><td class=\"c n x515 y3227 w41 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">50.3p<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3228 we3 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">Diluted earnings per share<span class=\"_ _335\"> </span></div></td><td class=\"c n x516 y3228 we4 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">45.9p<span class=\"_ _335\"> </span></div></td><td class=\"c n x517 y3228 we4 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">51.1p<span class=\"_ _335\"> </span></div></td><td class=\"c n x518 y3228 w41 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">53.0p<span class=\"_ _335\"> </span></div></td><td class=\"c n x519 y3228 w41 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">50.1p<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls5 ws1 gs183\">1. <span class=\"_ _9\"></span>W<span class=\"_ _9\"></span>hils<span class=\"_ _9\"></span>t t<span class=\"_ _9\"></span>he G<span class=\"_ _9\"></span>rou<span class=\"_ _9\"></span>p\u2019<span class=\"_ _2\"></span>s acc<span class=\"_ _9\"></span>oun<span class=\"_ _9\"></span>tin<span class=\"_ _9\"></span>g po<span class=\"_ _9\"></span>lic<span class=\"_ _9\"></span>y is t<span class=\"_ _9\"></span>o re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>gnis<span class=\"_ _9\"></span>e th<span class=\"_ _9\"></span>e pro<span class=\"_ _9\"></span>fit<span class=\"_ _9\"></span>/<span class=\"_ _11\"></span>(lo<span class=\"_ _9\"></span>ss) on dis<span class=\"_ _9\"></span>po<span class=\"_ _9\"></span>sal o<span class=\"_ _9\"></span>f inve<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>tme<span class=\"_ _9\"></span>nt p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>er<span class=\"_ _a\"></span>ties w<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>h ref<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>enc<span class=\"_ _9\"></span>e to th<span class=\"_ _9\"></span>e as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>\u2019<span class=\"_ _2\"></span>s carr<span class=\"_ _a\"></span>ying a<span class=\"_ _9\"></span>mo<span class=\"_ _9\"></span>unt a<span class=\"_ _9\"></span>t the b<span class=\"_ _9\"></span>e<span class=\"_ _9\"></span>ginn<span class=\"_ _9\"></span>ing<span class=\"_ _9\"></span> </div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls5 ws1 gs184\">of th<span class=\"_ _9\"></span>e acc<span class=\"_ _9\"></span>ou<span class=\"_ _9\"></span>ntin<span class=\"_ _9\"></span>g pe<span class=\"_ _9\"></span>ri<span class=\"_ _9\"></span>od, <span class=\"ff2 wsb\">\u00a322m </span>of th<span class=\"_ _9\"></span>e bal<span class=\"_ _9\"></span>an<span class=\"_ _9\"></span>ce p<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>ta<span class=\"_ _9\"></span>ins to r<span class=\"_ _9\"></span>eval<span class=\"_ _9\"></span>ua<span class=\"_ _9\"></span>tio<span class=\"_ _9\"></span>n mov<span class=\"_ _9\"></span>em<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s ar<span class=\"_ _9\"></span>isi<span class=\"_ _9\"></span>ng fr<span class=\"_ _9\"></span>om re<span class=\"_ _9\"></span>ntal i<span class=\"_ _9\"></span>nc<span class=\"_ _9\"></span>ome r<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>ei<span class=\"_ _9\"></span>ve<span class=\"_ _9\"></span>d fro<span class=\"_ _9\"></span>m 1 Apr<span class=\"_ _9\"></span>il 202<span class=\"_ _2\"></span>5 to the d<span class=\"_ _9\"></span>at<span class=\"_ _9\"></span>e of di<span class=\"_ _9\"></span>sp<span class=\"_ _9\"></span>osa<span class=\"_ _9\"></span>l on th<span class=\"_ _9\"></span>e </div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls7 ws6 gs185\">Queen Anne\u2019<span class=\"_ _11\"></span>s Mans<span class=\"_ _2\"></span>ions office<span class=\"_ _11\"></span> block.<span class=\"_ _335\"> </span></div><div class=\"t m0 h11 ff1 fs9 fc2 sc0 ls60 ws1 gs186\">NE<span class=\"_ _9\"></span>T A<span class=\"_ _9\"></span>S<span class=\"_ _9\"></span>SE<span class=\"_ _9\"></span>T<span class=\"_ _9\"></span>S PE<span class=\"_ _9\"></span>R SH<span class=\"_ _9\"></span>A<span class=\"_ _9\"></span>R<span class=\"_ _9\"></span>E<span class=\"_ _335\"> </span></div><div class=\"gs187\"><table class=\"s we5 hc4\" id=\"_fc3e4cd9-35ee-4a3f-860e-95ef7d9d1b94\"><tr><td></td><td></td><td></td><td class=\"c n x51a y32c4 we6 hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls3f ws3c\">31 Ma<span class=\"_ _9\"></span>rc<span class=\"_ _9\"></span>h 2026<span class=\"_ _335\"> </span></div></td><td></td><td></td><td class=\"c n x51b y32c4 we7 hbc\"><div class=\"t m0 x239 h15 y3229 ff3 fsd fc2 sc0 ls74 ws1\">31 March 2025<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"t m0 x51c h15 y32c5 ff2 fsd fc2 sc0 ls1 ws8e\">Net assets<span class=\"ws1\"> </span></td><td class=\"t m0 x51d h15 y32c5 ff2 fsd fc2 sc0 ls159 ws18e\">EP<span class=\"_ _9\"></span>R<span class=\"_ _9\"></span>A<span class=\"_ _9\"></span> N<span class=\"_ _9\"></span>DV<span class=\"_ _335\"> </span></td><td class=\"t m0 x51e h15 y32c5 ff2 fsd fc2 sc0 ls15a ws195\">E<span class=\"_ _9\"></span>P<span class=\"_ _9\"></span>R<span class=\"_ _a\"> </span>A<span class=\"_ _a\"></span> NTA<span class=\"_ _335\"> </span></td><td class=\"t m0 x51f h15 y32c5 ff3 fsd fc2 sc0 ls15b ws196\">Net a<span class=\"_ _2\"></span>ssets<span class=\"ls1 ws1\"> </span></td><td class=\"t m0 x241 h15 y32c5 ff3 fsd fc2 sc0 ls11f ws82\">EPR<span class=\"_ _a\"></span>A NDV<span class=\"_ _335\"> </span></td><td class=\"t m0 x4f1 h15 y32c5 ff3 fsd fc2 sc0 ls15c ws9b\">E<span class=\"_ _9\"></span>P<span class=\"_ _9\"></span>R<span class=\"_ _a\"></span>A<span class=\"_ _9\"></span> N<span class=\"_ _9\"></span>TA<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x249 h15 y32c6 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24a h15 y32c6 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24b h15 y32c6 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y32c6 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y32c6 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y32c6 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32c7 we8 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Net assets at<span class=\"_ _9\"></span>tributa<span class=\"_ _2\"></span>ble to s<span class=\"_ _2\"></span>hareholders of the<span class=\"_ _2\"></span> parent<span class=\"_ _335\"> </span></div></td><td class=\"c n x520 y32c7 w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">6,537<span class=\"_ _335\"> </span></div></td><td class=\"c n x521 y32c7 w58 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">6,537<span class=\"_ _335\"> </span></div></td><td class=\"c n x522 y32c7 w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">6,537<span class=\"_ _335\"> </span></div></td><td class=\"c n x523 y32c7 w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">6,514<span class=\"_ _335\"> </span></div></td><td class=\"c n x524 y32c7 w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">6,514<span class=\"_ _335\"> </span></div></td><td class=\"c n x525 y32c7 w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">6,514<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32c8 we9 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls4a ws1\">Shor<span class=\"_ _a\"></span>tfall o<span class=\"_ _9\"></span>f fair value ove<span class=\"_ _9\"></span>r net i<span class=\"_ _9\"></span>nves<span class=\"_ _9\"></span>tment in fin<span class=\"_ _9\"></span>ance l<span class=\"_ _9\"></span>eas<span class=\"_ _9\"></span>es b<span class=\"_ _9\"></span>ook val<span class=\"_ _9\"></span>ue<span class=\"_ _335\"> </span></div></td><td class=\"c n x526 y32c8 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x527 y32c8 w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(6)<span class=\"_ _335\"> </span></div></td><td class=\"c n x528 y32c8 w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(6)<span class=\"_ _335\"> </span></div></td><td class=\"c n x529 y32c8 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x52a y32c8 w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(8)<span class=\"_ _335\"> </span></div></td><td class=\"c n x52b y32c8 w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(8)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32c9 wea hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other intangi<span class=\"_ _11\"></span>ble asse<span class=\"_ _9\"></span>t<span class=\"_ _335\"> </span></div></td><td class=\"c n x52c y32c9 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x52d y32c9 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x52e y32c9 w8d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n x52f y32c9 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x530 y32c9 w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x531 y32c9 w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32ca web hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Fair value of intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t-rate swap<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n x532 y32ca w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x533 y32ca w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x534 y32ca w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(4)<span class=\"_ _335\"> </span></div></td><td class=\"c n x381 y32ca w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x357 y32ca w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x535 y32ca w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb wec hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Exc<span class=\"_ _9\"></span>ess o<span class=\"_ _9\"></span>f fair value o<span class=\"_ _9\"></span>f tradin<span class=\"_ _9\"></span>g prop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>es over b<span class=\"_ _9\"></span>oo<span class=\"_ _9\"></span>k value<span class=\"_ _335\"> </span></div></td><td class=\"c n x26b y32cb w2f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x252 y32cb w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">48<span class=\"_ _335\"> </span></div></td><td class=\"c n x536 y32cb w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">48<span class=\"_ _335\"> </span></div></td><td class=\"c n x537 y32cb w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x538 y32cb w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">27<span class=\"_ _335\"> </span></div></td><td class=\"c n x539 y32cb w34 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">27<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc wed hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Shor<span class=\"_ _a\"></span>tfall o<span class=\"_ _9\"></span>f fair value o<span class=\"_ _9\"></span>f deb<span class=\"_ _9\"></span>t over bo<span class=\"_ _9\"></span>ok valu<span class=\"_ _9\"></span>e (<span class=\"_ _11\"></span>no<span class=\"_ _9\"></span>te 21<span class=\"_ _11\"></span>)<span class=\"_ _335\"> </span></div></td><td class=\"c n x53a y32cc w2f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x53b y32cc w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">359<span class=\"_ _335\"> </span></div></td><td class=\"c n x53c y32cc w37 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x53d y32cc w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x53e y32cc w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">334<span class=\"_ _335\"> </span></div></td><td class=\"c n x3e4 y32cc w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd wee hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Net as<span class=\"_ _9\"></span>set<span class=\"_ _9\"></span>s used in p<span class=\"_ _9\"></span>er sh<span class=\"_ _9\"></span>are cal<span class=\"_ _9\"></span>culation<span class=\"_ _335\"> </span></div></td><td class=\"c n x53f y32cd w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">6,537<span class=\"_ _335\"> </span></div></td><td class=\"c n x540 y32cd w58 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">6,938<span class=\"_ _335\"> </span></div></td><td class=\"c n x541 y32cd w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">6,574<span class=\"_ _335\"> </span></div></td><td class=\"c n x542 y32cd w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">6,514<span class=\"_ _335\"> </span></div></td><td class=\"c n x543 y32cd w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">6,867<span class=\"_ _335\"> </span></div></td><td class=\"c n x544 y32cd w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">6,530<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"gs188\"><table class=\"s wef hc5\" id=\"_eedc9344-7184-4399-89cf-f4651b36a701\"><tr><td></td><td class=\"c n x545 y32ce wde hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls7b ws82\">IFRS<span class=\"_ _335\"> </span></div></td><td class=\"c n x546 y32ce wf0 hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls159 ws18e\">E<span class=\"_ _9\"></span>PR<span class=\"_ _a\"></span>A N<span class=\"_ _9\"></span>DV<span class=\"_ _335\"> </span></div></td><td class=\"c n x547 y32ce wf1 hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls15a ws195\">E<span class=\"_ _9\"></span>P<span class=\"_ _9\"></span>R<span class=\"_ _a\"></span>A<span class=\"_ _9\"></span> N<span class=\"_ _a\"></span>TA<span class=\"_ _335\"> </span></div></td><td class=\"c n x548 y32ce wf2 hbc\"><div class=\"t m0 x239 h15 y3229 ff3 fsd fc2 sc0 ls7b ws82\">IFR<span class=\"_ _9\"></span>S<span class=\"_ _335\"> </span></div></td><td class=\"c n x549 y32ce wf3 hbc\"><div class=\"t m0 x239 h15 y3229 ff3 fsd fc2 sc0 ls11f ws82\">EPR<span class=\"_ _a\"></span>A NDV<span class=\"_ _335\"> </span></div></td><td class=\"c n x54a y32ce wf4 hbc\"><div class=\"t m0 x239 h15 y3229 ff3 fsd fc2 sc0 ls15c ws9b\">E<span class=\"_ _9\"></span>P<span class=\"_ _9\"></span>R<span class=\"_ _a\"></span>A<span class=\"_ _9\"></span> N<span class=\"_ _9\"></span>TA<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc wf5 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Net as<span class=\"_ _9\"></span>set<span class=\"_ _9\"></span>s per sh<span class=\"_ _9\"></span>are<span class=\"_ _335\"> </span></div></td><td class=\"c n x54b y32cc wf6 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">882p<span class=\"_ _335\"> </span></div></td><td class=\"c n x54c y32cc wf7 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls92 ws9d\">n<span class=\"_ _a\"></span>/a<span class=\"_ _335\"> </span></div></td><td class=\"c n x54d y32cc wf7 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls92 ws9d\">n<span class=\"_ _a\"></span>/a<span class=\"_ _335\"> </span></div></td><td class=\"c n x54e y32cc wf8 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">877p<span class=\"_ _335\"> </span></div></td><td class=\"c n x54f y32cc wf9 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls91 ws9c\">n<span class=\"_ _a\"></span>/a<span class=\"_ _335\"> </span></div></td><td class=\"c n x550 y32cc wfa hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls91 ws9c\">n<span class=\"_ _32\"></span>/a<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd wfb hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Dilute<span class=\"_ _9\"></span>d net as<span class=\"_ _9\"></span>sets p<span class=\"_ _9\"></span>er sh<span class=\"_ _9\"></span>are<span class=\"_ _335\"> </span></div></td><td class=\"c n x551 y32cd wf6 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">877p<span class=\"_ _335\"> </span></div></td><td class=\"c n x552 y32cd wf6 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">931p<span class=\"_ _335\"> </span></div></td><td class=\"c n x553 y32cd wf6 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">882p<span class=\"_ _335\"> </span></div></td><td class=\"c n x554 y32cd wf8 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">872p<span class=\"_ _335\"> </span></div></td><td class=\"c n x555 y32cd wf8 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">919p<span class=\"_ _335\"> </span></div></td><td class=\"c n x556 y32cd wf8 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">874p<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h11 ff1 fs9 fc2 sc0 ls3d ws2e gs18b\">NUMBER OF<span class=\"_ _11\"></span> SHAR<span class=\"_ _9\"></span>ES<span class=\"_ _335\"> </span></div><div class=\"gs18c\"><table class=\"s wfc hc6\" id=\"_8e6210eb-f8da-4888-ba08-c082392a6717\"><tr><td></td><td></td><td class=\"c n x557 y32cf w1c hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n x558 y32cf w44 hb8\"><div class=\"t m0 x239 h15 y320f ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"t m0 x559 h15 y32d0 ff2 fsd fc2 sc0 ls1 ws1\">Weigh<span class=\"_ _2\"></span>ted </td><td></td><td class=\"t m0 x55a h15 y32d0 ff3 fsd fc2 sc0 ls1 ws1\">Weighted </td><td></td></tr><tr><td></td><td class=\"t m0 x55b h15 y32d1 ff2 fsd fc2 sc0 ls41 ws7c\">average<span class=\"_ _335\"> </span></td><td class=\"t m0 x55c h15 y32d1 ff2 fsd fc2 sc0 ls83 ws95\">31 M<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>h<span class=\"_ _335\"> </span></td><td class=\"t m0 x55d h15 y32d1 ff3 fsd fc2 sc0 ls41 ws7c\">average<span class=\"_ _335\"> </span></td><td class=\"t m0 x55e h15 y32d1 ff3 fsd fc2 sc0 lsac wsbd\">31 M<span class=\"_ _a\"></span>ar<span class=\"_ _9\"></span>c<span class=\"_ _a\"></span>h<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x55f h15 y32d2 ff2 fsd fc2 sc0 ls78 ws7e\">million<span class=\"_ _335\"> </span></td><td class=\"t m0 x560 h15 y32d2 ff2 fsd fc2 sc0 ls78 ws7e\">million<span class=\"_ _335\"> </span></td><td class=\"t m0 x561 h15 y32d2 ff3 fsd fc2 sc0 ls76 ws13e\">million<span class=\"_ _335\"> </span></td><td class=\"t m0 x341 h15 y32d2 ff3 fsd fc2 sc0 ls76 ws13e\">million<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32c8 w74 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls37 ws34\">Ordinar<span class=\"_ _9\"></span>y shar<span class=\"_ _9\"></span>es<span class=\"_ _335\"> </span></div></td><td class=\"c n x562 y32c8 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">752<span class=\"_ _335\"> </span></div></td><td class=\"c n x563 y32c8 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">752<span class=\"_ _335\"> </span></div></td><td class=\"c n x564 y32c8 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">752<span class=\"_ _335\"> </span></div></td><td class=\"c n x565 y32c8 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">752<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32c9 wfd hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls37 ws34\">T<span class=\"_ _11\"></span>reasur<span class=\"_ _a\"></span>y shares<span class=\"_ _335\"> </span></div></td><td class=\"c n x3d0 y32c9 w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(7)<span class=\"_ _335\"> </span></div></td><td class=\"c n x3d1 y32c9 w8d hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(7)<span class=\"_ _335\"> </span></div></td><td class=\"c n x566 y32c9 w87 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(7)<span class=\"_ _335\"> </span></div></td><td class=\"c n x567 y32c9 w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(7)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32ca wfe hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Ow<span class=\"_ _9\"></span>n shar<span class=\"_ _9\"></span>es<span class=\"_ _335\"> </span></div></td><td class=\"c n x568 y32ca w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td><td class=\"c n x569 y32ca w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(4)<span class=\"_ _335\"> </span></div></td><td class=\"c n x56a y32ca w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td><td class=\"c n x56b y32ca w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb wff hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Numb<span class=\"_ _9\"></span>er of sh<span class=\"_ _9\"></span>ares \u2013 b<span class=\"_ _9\"></span>asic<span class=\"_ _335\"> </span></div></td><td class=\"c n x2d8 y32cb w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">743<span class=\"_ _335\"> </span></div></td><td class=\"c n x2d9 y32cb w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">741<span class=\"_ _335\"> </span></div></td><td class=\"c n x56c y32cb w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">743<span class=\"_ _335\"> </span></div></td><td class=\"c n x56d y32cb w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">743<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w100 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Dilu<span class=\"_ _9\"></span>tive effe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t of sh<span class=\"_ _9\"></span>are op<span class=\"_ _9\"></span>tions<span class=\"_ _335\"> </span></div></td><td class=\"c n x56e y32cc w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n x56f y32cc w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n x570 y32cc w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n x571 y32cc w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w101 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Numb<span class=\"_ _9\"></span>er of sh<span class=\"_ _9\"></span>ares \u2013 dil<span class=\"_ _9\"></span>uted<span class=\"_ _335\"> </span></div></td><td class=\"c n x2d8 y32cd w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">747<span class=\"_ _335\"> </span></div></td><td class=\"c n x2d9 y32cd w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">745<span class=\"_ _335\"> </span></div></td><td class=\"c n x56c y32cd w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">747<span class=\"_ _335\"> </span></div></td><td class=\"c n x56d y32cd w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">747<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs18d\">T<span class=\"_ _11\"></span>otal a<span class=\"_ _9\"></span>ccou<span class=\"_ _9\"></span>nting re<span class=\"_ _9\"></span>turn is c<span class=\"_ _9\"></span>alcula<span class=\"_ _9\"></span>ted a<span class=\"_ _9\"></span>s the cas<span class=\"_ _9\"></span>h div<span class=\"_ _9\"></span>iden<span class=\"_ _9\"></span>ds pe<span class=\"_ _9\"></span>r share p<span class=\"_ _9\"></span>aid in th<span class=\"_ _9\"></span>e year pl<span class=\"_ _9\"></span>us the ch<span class=\"_ _9\"></span>ange in EPR<span class=\"_ _9\"></span>A NT<span class=\"_ _2\"></span>A per s<span class=\"_ _9\"></span>hare, div<span class=\"_ _9\"></span>ide<span class=\"_ _9\"></span>d by the </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs18e\">ope<span class=\"_ _9\"></span>ning EPR<span class=\"_ _9\"></span>A NT<span class=\"_ _11\"></span>A p<span class=\"_ _9\"></span>er sha<span class=\"_ _9\"></span>re. W<span class=\"_ _11\"></span>e c<span class=\"_ _9\"></span>onsid<span class=\"_ _9\"></span>er this to b<span class=\"_ _9\"></span>e a use<span class=\"_ _9\"></span>ful me<span class=\"_ _9\"></span>asure f<span class=\"_ _9\"></span>or shar<span class=\"_ _9\"></span>eho<span class=\"_ _9\"></span>lder<span class=\"_ _9\"></span>s as i<span class=\"_ _9\"></span>t give<span class=\"_ _9\"></span>s an indic<span class=\"_ _9\"></span>ation o<span class=\"_ _9\"></span>f the total a<span class=\"_ _9\"></span>cco<span class=\"_ _9\"></span>unting re<span class=\"_ _9\"></span>turn<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs18f\">over the ye<span class=\"_ _9\"></span>ar<span class=\"_ _1\"></span>.<span class=\"_ _335\"> </span></div><div class=\"t m0 h11 ff1 fs9 fc2 sc0 ls60 ws1 gs190\">TOTAL AC<span class=\"_ _9\"></span>CO<span class=\"_ _9\"></span>UN<span class=\"_ _9\"></span>TI<span class=\"_ _9\"></span>N<span class=\"_ _9\"></span>G RE<span class=\"_ _9\"></span>T<span class=\"_ _9\"></span>UR<span class=\"_ _9\"></span>N B<span class=\"_ _9\"></span>A<span class=\"_ _9\"></span>SE<span class=\"_ _9\"></span>D O<span class=\"_ _9\"></span>N EP<span class=\"_ _9\"></span>R<span class=\"_ _a\"></span>A NT<span class=\"_ _2\"></span>A<span class=\"_ _335\"> </span></div><div class=\"gs191\"><table class=\"s w102 hc7\" id=\"_43124e50-ab40-44e7-b846-b1e3a126051a\"><tr><td></td><td class=\"t m0 x572 h15 y32d3 ff2 fsd fc2 sc0 ls41 ws36\">Y<span class=\"_ _11\"></span>ear ended <span class=\"ls1 ws1\"> </span></td><td class=\"t m0 x573 h15 y32d3 ff3 fsd fc2 sc0 ls41 ws36\">Y<span class=\"_ _11\"></span>ear ended <span class=\"ls1 ws1\"> </span></td></tr><tr><td></td><td class=\"t m0 x574 h15 y32d4 ff2 fsd fc2 sc0 ls3f ws3c\">31 Ma<span class=\"_ _9\"></span>rc<span class=\"_ _9\"></span>h 2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x575 h15 y32d4 ff3 fsd fc2 sc0 ls74 ws1\">31 March 2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x576 h15 y32d5 ff2 fsd fc2 sc0 ls41 ws7c\">Pence<span class=\"_ _335\"> </span></td><td class=\"t m0 x4f0 h15 y32d5 ff3 fsd fc2 sc0 ls41 ws7c\">Pence<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32c9 w103 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Incre<span class=\"_ _9\"></span>ase in EPR<span class=\"_ _9\"></span>A NT<span class=\"_ _11\"></span>A p<span class=\"_ _9\"></span>er sh<span class=\"_ _9\"></span>are<span class=\"_ _335\"> </span></div></td><td class=\"c n x577 y32c9 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">8<span class=\"_ _335\"> </span></div></td><td class=\"c n x578 y32c9 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">15<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32ca w104 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Div<span class=\"_ _9\"></span>iden<span class=\"_ _9\"></span>d pai<span class=\"_ _9\"></span>d per s<span class=\"_ _9\"></span>hare in th<span class=\"_ _9\"></span>e year (<span class=\"_ _2\"></span>note 10<span class=\"_ _11\"></span>)<span class=\"_ _335\"> </span></div></td><td class=\"c n x579 y32ca w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">41<span class=\"_ _335\"> </span></div></td><td class=\"c n x57a y32ca w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">40<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w105 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls144 ws9d\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l r<span class=\"_ _a\"></span>e<span class=\"_ _9\"></span>t<span class=\"_ _a\"></span>u<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>n<span class=\"_ _a\"></span> (a)<span class=\"_ _335\"> </span></div></td><td class=\"c n x57b y32cb w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">49<span class=\"_ _335\"> </span></div></td><td class=\"c n x57c y32cb w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">55<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w106 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">EPRA NT<span class=\"_ _2\"></span>A per s<span class=\"_ _9\"></span>hare a<span class=\"_ _9\"></span>t the be<span class=\"_ _9\"></span>ginnin<span class=\"_ _9\"></span>g of the ye<span class=\"_ _9\"></span>ar (b<span class=\"_ _11\"></span>)<span class=\"_ _335\"> </span></div></td><td class=\"c n x57d y32cc w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">874<span class=\"_ _335\"> </span></div></td><td class=\"c n x57e y32cc w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">859<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w107 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1b ws86\">T<span class=\"_ _11\"></span>ota<span class=\"_ _9\"></span>l ac<span class=\"_ _9\"></span>cou<span class=\"_ _9\"></span>ntin<span class=\"_ _9\"></span>g re<span class=\"_ _9\"></span>turn<span class=\"_ _9\"></span> (<span class=\"_ _2\"></span>a/b)<span class=\"_ _335\"> </span></div></td><td class=\"c n x57f y32cd w108 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">5.6%<span class=\"_ _335\"> </span></div></td><td class=\"c n x580 y32cd w109 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">6.4%</div></td></tr></table></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfEarningsPerShareExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-400": {
   "value": "5<span class=\"_ _1c0\"> </span><span class=\"fc4 lsd2 wsf3\">PERFORMANCE MEASURE<span class=\"_ _9\"></span>S<span class=\"_ _335\"> </span></span>In the<span class=\"_ _2\"></span> tables below<span class=\"_ _1\"></span>, we present earni<span class=\"_ _11\"></span>ngs per share attributable t<span class=\"_ _2\"></span>o shareholders of<span class=\"_ _2\"></span> the parent<span class=\"_ _11\"></span>, calculated in accor<span class=\"_ _2\"></span>dance with I<span class=\"_ _11\"></span>FRS, and net ass<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s per s<span class=\"_ _9\"></span>hare a<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>tribu<span class=\"_ _9\"></span>table to sh<span class=\"_ _9\"></span>areho<span class=\"_ _9\"></span>lde<span class=\"_ _9\"></span>rs of th<span class=\"_ _9\"></span>e par<span class=\"_ _9\"></span>ent tog<span class=\"_ _9\"></span>eth<span class=\"_ _9\"></span>er wi<span class=\"_ _9\"></span>th cer<span class=\"_ _a\"></span>tain meas<span class=\"_ _9\"></span>ures d<span class=\"_ _9\"></span>efined by th<span class=\"_ _9\"></span>e Europe<span class=\"_ _9\"></span>an Publi<span class=\"_ _9\"></span>c Real Es<span class=\"_ _9\"></span>ta<span class=\"_ _9\"></span>te As<span class=\"_ _9\"></span>so<span class=\"_ _9\"></span>ciati<span class=\"_ _9\"></span>on (EPRA)<span class=\"_ _11\"></span>, whic<span class=\"_ _9\"></span>h have b<span class=\"_ _9\"></span>een i<span class=\"_ _9\"></span>nclu<span class=\"_ _9\"></span>ded to as<span class=\"_ _9\"></span>sis<span class=\"_ _9\"></span>t co<span class=\"_ _9\"></span>mpa<span class=\"_ _9\"></span>riso<span class=\"_ _9\"></span>n be<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>ween Euro<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>an prop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y c<span class=\"_ _9\"></span>omp<span class=\"_ _9\"></span>anie<span class=\"_ _9\"></span>s. Three of th<span class=\"_ _9\"></span>e Group\u2019s k<span class=\"_ _11\"></span>ey finan<span class=\"_ _9\"></span>cial<span class=\"_ _9\"></span> per<span class=\"_ _9\"></span>f<span class=\"_ _9\"></span>orman<span class=\"_ _9\"></span>ce me<span class=\"_ _9\"></span>asur<span class=\"_ _9\"></span>es are EPR<span class=\"_ _9\"></span>A e<span class=\"_ _9\"></span>arning<span class=\"_ _9\"></span>s per s<span class=\"_ _9\"></span>hare, EPRA N<span class=\"_ _9\"></span>et T<span class=\"_ _2\"></span>angibl<span class=\"_ _9\"></span>e A<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>ts p<span class=\"_ _9\"></span>er sh<span class=\"_ _9\"></span>are and T<span class=\"_ _2\"></span>otal ac<span class=\"_ _9\"></span>countin<span class=\"_ _9\"></span>g retu<span class=\"_ _9\"></span>rn. Refer to table 73 in th<span class=\"_ _9\"></span>e Business Analysis section for fu<span class=\"_ _2\"></span>rther details on t<span class=\"_ _2\"></span>hese alternativ<span class=\"_ _2\"></span>e performance measures.<span class=\"_ _335\"> </span>EPRA e<span class=\"_ _9\"></span>arnin<span class=\"_ _9\"></span>gs, whic<span class=\"_ _9\"></span>h is a tax adju<span class=\"_ _9\"></span>ste<span class=\"_ _9\"></span>d me<span class=\"_ _9\"></span>asure o<span class=\"_ _9\"></span>f unde<span class=\"_ _9\"></span>rly<span class=\"_ _9\"></span>ing ear<span class=\"_ _9\"></span>nings, is th<span class=\"_ _9\"></span>e bas<span class=\"_ _9\"></span>is for th<span class=\"_ _9\"></span>e calcu<span class=\"_ _9\"></span>latio<span class=\"_ _9\"></span>n of EPR<span class=\"_ _9\"></span>A ear<span class=\"_ _9\"></span>nings p<span class=\"_ _9\"></span>er sh<span class=\"_ _9\"></span>are. W<span class=\"_ _11\"></span>e b<span class=\"_ _9\"></span>eli<span class=\"_ _9\"></span>eve EP<span class=\"_ _11\"></span>R<span class=\"_ _a\"></span>A earn<span class=\"_ _2\"></span>ings and<span class=\"_ _2\"></span> EP<span class=\"_ _11\"></span>R<span class=\"_ _a\"></span>A earn<span class=\"_ _2\"></span>ings per shar<span class=\"_ _2\"></span>e provide<span class=\"_ _2\"></span> further insight i<span class=\"_ _2\"></span>nto t<span class=\"_ _2\"></span>he results of<span class=\"_ _2\"></span> the Group<span class=\"_ _11\"></span>\u2019<span class=\"_ _2\"></span>s operational<span class=\"_ _2\"></span> per<span class=\"_ _9\"></span>formance t<span class=\"_ _2\"></span>o stak<span class=\"_ _11\"></span>eho<span class=\"_ _9\"></span>lders as they foc<span class=\"_ _9\"></span>us on th<span class=\"_ _9\"></span>e rental in<span class=\"_ _9\"></span>com<span class=\"_ _9\"></span>e per<span class=\"_ _9\"></span>f<span class=\"_ _9\"></span>orman<span class=\"_ _9\"></span>ce of th<span class=\"_ _9\"></span>e busin<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>s and exclu<span class=\"_ _9\"></span>de Cap<span class=\"_ _9\"></span>ital and o<span class=\"_ _9\"></span>the<span class=\"_ _9\"></span>r items w<span class=\"_ _9\"></span>hich c<span class=\"_ _9\"></span>an var<span class=\"_ _9\"></span>y sig<span class=\"_ _9\"></span>nificantl<span class=\"_ _9\"></span>y from ye<span class=\"_ _9\"></span>ar to year<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>EARNINGS PER<span class=\"_ _2\"></span> SHARE<span class=\"_ _335\"> </span><table class=\"s wd3 hc2\" id=\"_436f0e08-8fb1-4fe0-b1d2-113d66307a86\"><tr><td></td><td class=\"c n x334 y32bf wd4 hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls74 ws1\">Y<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>ar e<span class=\"_ _9\"></span>nd<span class=\"_ _9\"></span>ed 31 Ma<span class=\"_ _9\"></span>rch 2026<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n x4ed y32bf wd5 hb8\"><div class=\"t m0 x239 h15 y320f ff3 fsd fc2 sc0 ls74 ws1\">Y<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>ar e<span class=\"_ _9\"></span>nd<span class=\"_ _9\"></span>ed 31 Mar<span class=\"_ _9\"></span>ch 2025<span class=\"_ _335\"> </span></div></td><td></td></tr><tr><td></td><td class=\"t m0 x4ee h15 y32c0 ff2 fsd fc2 sc0 ls154 ws194\">Profit for </td><td class=\"t m0 x4ef h15 y32c0 ff2 fsd fc2 sc0 ls1 ws1\">EPRA </td><td class=\"t m0 x241 h15 y32c0 ff3 fsd fc2 sc0 ls1 ws8e\">Profit for </td><td class=\"t m0 x4f0 h15 y32c0 ff3 fsd fc2 sc0 ls101 ws18e\">EPR<span class=\"_ _9\"></span>A </td></tr><tr><td></td><td class=\"t m0 x33f h15 y32c1 ff2 fsd fc2 sc0 ls74 ws1\">the ye<span class=\"_ _9\"></span>ar<span class=\"_ _335\"> </span></td><td class=\"t m0 x245 h15 y32c1 ff2 fsd fc2 sc0 ls78 ws7e\">earnings<span class=\"_ _335\"> </span></td><td class=\"t m0 x340 h15 y32c1 ff3 fsd fc2 sc0 ls74 ws1\">the ye<span class=\"_ _9\"></span>ar<span class=\"_ _335\"> </span></td><td class=\"t m0 x4f1 h15 y32c1 ff3 fsd fc2 sc0 ls76 ws13e\">earnings<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24b h15 y32c2 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y32c2 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x4f2 h15 y32c2 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x4f3 h15 y32c2 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y322f wd6 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Profit<span class=\"_ _2\"></span> attributable to<span class=\"_ _11\"></span> shareholders of the parent<span class=\"_ _335\"> </span></div></td><td class=\"c n x4f4 y322f w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">343<span class=\"_ _335\"> </span></div></td><td class=\"c n x4f5 y322f w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">343<span class=\"_ _335\"> </span></div></td><td class=\"c n x4f6 y322f w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">396<span class=\"_ _335\"> </span></div></td><td class=\"c n x4f7 y322f w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">396<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y3223 wd7 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">V<span class=\"_ _11\"></span>aluation and loss<span class=\"_ _2\"></span> on disposals</div><div class=\"t m0 x4f8 h16 y32a9 ff3 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x4f9 y3223 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x4fa y3223 w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(17)<span class=\"_ _335\"> </span></div></td><td class=\"c n x4fb y3223 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x4fc y3223 w32 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(84)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3224 wd8 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Net finance e<span class=\"_ _11\"></span>x<span class=\"_ _9\"></span>pense (<span class=\"_ _11\"></span>excluded fr<span class=\"_ _2\"></span>om EP<span class=\"_ _11\"></span>R<span class=\"_ _9\"></span>A earnings<span class=\"_ _11\"></span>)<span class=\"_ _335\"> </span></div></td><td class=\"c n x2f1 y3224 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x356 y3224 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">9<span class=\"_ _335\"> </span></div></td><td class=\"c n x4fd y3224 w5c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x4fe y3224 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">39<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3225 wd9 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Impair<span class=\"_ _9\"></span>ment o<span class=\"_ _9\"></span>f goo<span class=\"_ _9\"></span>dw<span class=\"_ _9\"></span>ill<span class=\"_ _335\"> </span></div></td><td class=\"c n x4ff y3225 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x500 y3225 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x501 y3225 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x502 y3225 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32be w3b hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 lsbb ws18f\">Ta<span class=\"_ _a\"></span>x<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>t<span class=\"_ _9\"></span>i<span class=\"_ _a\"></span>o<span class=\"_ _a\"></span>n<span class=\"_ _335\"> </span></div></td><td class=\"c n x503 y32be w37 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x504 y32be w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x505 y32be w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x506 y32be w87 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(3)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3233 wda hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Net development<span class=\"_ _2\"></span> contract and tra<span class=\"_ _11\"></span>nsac<span class=\"_ _9\"></span>tion expenditure<span class=\"_ _335\"> </span></div></td><td class=\"c n x3ec y3233 w37 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x507 y3233 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">30<span class=\"_ _335\"> </span></div></td><td class=\"c n x508 y3233 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x509 y3233 w87 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(3)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3227 wdb hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Restructuring, i<span class=\"_ _11\"></span>ntegration and other<span class=\"_ _2\"></span> costs<span class=\"_ _335\"> </span></div></td><td class=\"c n x3ec y3227 w37 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x507 y3227 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">15<span class=\"_ _335\"> </span></div></td><td class=\"c n x508 y3227 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x50a y3227 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3228 wdc hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Profit use<span class=\"_ _9\"></span>d in per s<span class=\"_ _9\"></span>hare cal<span class=\"_ _9\"></span>culation<span class=\"_ _335\"> </span></div></td><td class=\"c n x295 y3228 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">343<span class=\"_ _335\"> </span></div></td><td class=\"c n x50b y3228 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">382<span class=\"_ _335\"> </span></div></td><td class=\"c n x50c y3228 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">396<span class=\"_ _335\"> </span></div></td><td class=\"c n x50d y3228 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">374<span class=\"_ _335\"> </span></div></td></tr></table><table class=\"s wdd hc3\" id=\"_1dd78467-34a8-4580-b537-8f2f10c40c01\"><tr><td></td><td class=\"c n x50e y32c3 wde hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls7b ws82\">IFRS<span class=\"_ _335\"> </span></div></td><td class=\"c n x50f y32c3 wdf hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls7b ws82\">EPR<span class=\"_ _a\"></span>A<span class=\"_ _335\"> </span></div></td><td class=\"c n x510 y32c3 we0 hbc\"><div class=\"t m0 x239 h15 y3229 ff3 fsd fc2 sc0 ls7b ws82\">I<span class=\"_ _9\"></span>FRS<span class=\"_ _335\"> </span></div></td><td class=\"c n x511 y32c3 we1 hbc\"><div class=\"t m0 x239 h15 y3229 ff3 fsd fc2 sc0 ls101 ws18e\">EPR<span class=\"_ _9\"></span>A<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3227 we2 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">Basic earnings p<span class=\"_ _9\"></span>er share<span class=\"_ _335\"> </span></div></td><td class=\"c n x512 y3227 w40 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">46.2p<span class=\"_ _335\"> </span></div></td><td class=\"c n x513 y3227 w40 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">51.4p<span class=\"_ _335\"> </span></div></td><td class=\"c n x514 y3227 w41 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">53.3p<span class=\"_ _335\"> </span></div></td><td class=\"c n x515 y3227 w41 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">50.3p<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3228 we3 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">Diluted earnings per share<span class=\"_ _335\"> </span></div></td><td class=\"c n x516 y3228 we4 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">45.9p<span class=\"_ _335\"> </span></div></td><td class=\"c n x517 y3228 we4 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">51.1p<span class=\"_ _335\"> </span></div></td><td class=\"c n x518 y3228 w41 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">53.0p<span class=\"_ _335\"> </span></div></td><td class=\"c n x519 y3228 w41 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">50.1p<span class=\"_ _335\"> </span></div></td></tr></table>1. <span class=\"_ _9\"></span>W<span class=\"_ _9\"></span>hils<span class=\"_ _9\"></span>t t<span class=\"_ _9\"></span>he G<span class=\"_ _9\"></span>rou<span class=\"_ _9\"></span>p\u2019<span class=\"_ _2\"></span>s acc<span class=\"_ _9\"></span>oun<span class=\"_ _9\"></span>tin<span class=\"_ _9\"></span>g po<span class=\"_ _9\"></span>lic<span class=\"_ _9\"></span>y is t<span class=\"_ _9\"></span>o re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>gnis<span class=\"_ _9\"></span>e th<span class=\"_ _9\"></span>e pro<span class=\"_ _9\"></span>fit<span class=\"_ _9\"></span>/<span class=\"_ _11\"></span>(lo<span class=\"_ _9\"></span>ss) on dis<span class=\"_ _9\"></span>po<span class=\"_ _9\"></span>sal o<span class=\"_ _9\"></span>f inve<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>tme<span class=\"_ _9\"></span>nt p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>er<span class=\"_ _a\"></span>ties w<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>h ref<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>enc<span class=\"_ _9\"></span>e to th<span class=\"_ _9\"></span>e as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>\u2019<span class=\"_ _2\"></span>s carr<span class=\"_ _a\"></span>ying a<span class=\"_ _9\"></span>mo<span class=\"_ _9\"></span>unt a<span class=\"_ _9\"></span>t the b<span class=\"_ _9\"></span>e<span class=\"_ _9\"></span>ginn<span class=\"_ _9\"></span>ing<span class=\"_ _9\"></span> of th<span class=\"_ _9\"></span>e acc<span class=\"_ _9\"></span>ou<span class=\"_ _9\"></span>ntin<span class=\"_ _9\"></span>g pe<span class=\"_ _9\"></span>ri<span class=\"_ _9\"></span>od, <span class=\"ff2 wsb\">\u00a322m </span>of th<span class=\"_ _9\"></span>e bal<span class=\"_ _9\"></span>an<span class=\"_ _9\"></span>ce p<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>ta<span class=\"_ _9\"></span>ins to r<span class=\"_ _9\"></span>eval<span class=\"_ _9\"></span>ua<span class=\"_ _9\"></span>tio<span class=\"_ _9\"></span>n mov<span class=\"_ _9\"></span>em<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s ar<span class=\"_ _9\"></span>isi<span class=\"_ _9\"></span>ng fr<span class=\"_ _9\"></span>om re<span class=\"_ _9\"></span>ntal i<span class=\"_ _9\"></span>nc<span class=\"_ _9\"></span>ome r<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>ei<span class=\"_ _9\"></span>ve<span class=\"_ _9\"></span>d fro<span class=\"_ _9\"></span>m 1 Apr<span class=\"_ _9\"></span>il 202<span class=\"_ _2\"></span>5 to the d<span class=\"_ _9\"></span>at<span class=\"_ _9\"></span>e of di<span class=\"_ _9\"></span>sp<span class=\"_ _9\"></span>osa<span class=\"_ _9\"></span>l on th<span class=\"_ _9\"></span>e Queen Anne\u2019<span class=\"_ _11\"></span>s Mans<span class=\"_ _2\"></span>ions office<span class=\"_ _11\"></span> block.<span class=\"_ _335\"> </span>NE<span class=\"_ _9\"></span>T A<span class=\"_ _9\"></span>S<span class=\"_ _9\"></span>SE<span class=\"_ _9\"></span>T<span class=\"_ _9\"></span>S PE<span class=\"_ _9\"></span>R SH<span class=\"_ _9\"></span>A<span class=\"_ _9\"></span>R<span class=\"_ _9\"></span>E<span class=\"_ _335\"> </span><table class=\"s we5 hc4\" id=\"_fc3e4cd9-35ee-4a3f-860e-95ef7d9d1b94\"><tr><td></td><td></td><td></td><td class=\"c n x51a y32c4 we6 hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls3f ws3c\">31 Ma<span class=\"_ _9\"></span>rc<span class=\"_ _9\"></span>h 2026<span class=\"_ _335\"> </span></div></td><td></td><td></td><td class=\"c n x51b y32c4 we7 hbc\"><div class=\"t m0 x239 h15 y3229 ff3 fsd fc2 sc0 ls74 ws1\">31 March 2025<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"t m0 x51c h15 y32c5 ff2 fsd fc2 sc0 ls1 ws8e\">Net assets<span class=\"ws1\"> </span></td><td class=\"t m0 x51d h15 y32c5 ff2 fsd fc2 sc0 ls159 ws18e\">EP<span class=\"_ _9\"></span>R<span class=\"_ _9\"></span>A<span class=\"_ _9\"></span> N<span class=\"_ _9\"></span>DV<span class=\"_ _335\"> </span></td><td class=\"t m0 x51e h15 y32c5 ff2 fsd fc2 sc0 ls15a ws195\">E<span class=\"_ _9\"></span>P<span class=\"_ _9\"></span>R<span class=\"_ _a\"> </span>A<span class=\"_ _a\"></span> NTA<span class=\"_ _335\"> </span></td><td class=\"t m0 x51f h15 y32c5 ff3 fsd fc2 sc0 ls15b ws196\">Net a<span class=\"_ _2\"></span>ssets<span class=\"ls1 ws1\"> </span></td><td class=\"t m0 x241 h15 y32c5 ff3 fsd fc2 sc0 ls11f ws82\">EPR<span class=\"_ _a\"></span>A NDV<span class=\"_ _335\"> </span></td><td class=\"t m0 x4f1 h15 y32c5 ff3 fsd fc2 sc0 ls15c ws9b\">E<span class=\"_ _9\"></span>P<span class=\"_ _9\"></span>R<span class=\"_ _a\"></span>A<span class=\"_ _9\"></span> N<span class=\"_ _9\"></span>TA<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x249 h15 y32c6 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24a h15 y32c6 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24b h15 y32c6 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y32c6 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y32c6 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y32c6 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32c7 we8 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Net assets at<span class=\"_ _9\"></span>tributa<span class=\"_ _2\"></span>ble to s<span class=\"_ _2\"></span>hareholders of the<span class=\"_ _2\"></span> parent<span class=\"_ _335\"> </span></div></td><td class=\"c n x520 y32c7 w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">6,537<span class=\"_ _335\"> </span></div></td><td class=\"c n x521 y32c7 w58 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">6,537<span class=\"_ _335\"> </span></div></td><td class=\"c n x522 y32c7 w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">6,537<span class=\"_ _335\"> </span></div></td><td class=\"c n x523 y32c7 w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">6,514<span class=\"_ _335\"> </span></div></td><td class=\"c n x524 y32c7 w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">6,514<span class=\"_ _335\"> </span></div></td><td class=\"c n x525 y32c7 w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">6,514<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32c8 we9 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls4a ws1\">Shor<span class=\"_ _a\"></span>tfall o<span class=\"_ _9\"></span>f fair value ove<span class=\"_ _9\"></span>r net i<span class=\"_ _9\"></span>nves<span class=\"_ _9\"></span>tment in fin<span class=\"_ _9\"></span>ance l<span class=\"_ _9\"></span>eas<span class=\"_ _9\"></span>es b<span class=\"_ _9\"></span>ook val<span class=\"_ _9\"></span>ue<span class=\"_ _335\"> </span></div></td><td class=\"c n x526 y32c8 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x527 y32c8 w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(6)<span class=\"_ _335\"> </span></div></td><td class=\"c n x528 y32c8 w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(6)<span class=\"_ _335\"> </span></div></td><td class=\"c n x529 y32c8 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x52a y32c8 w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(8)<span class=\"_ _335\"> </span></div></td><td class=\"c n x52b y32c8 w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(8)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32c9 wea hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other intangi<span class=\"_ _11\"></span>ble asse<span class=\"_ _9\"></span>t<span class=\"_ _335\"> </span></div></td><td class=\"c n x52c y32c9 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x52d y32c9 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x52e y32c9 w8d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n x52f y32c9 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x530 y32c9 w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x531 y32c9 w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32ca web hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Fair value of intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t-rate swap<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n x532 y32ca w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x533 y32ca w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x534 y32ca w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(4)<span class=\"_ _335\"> </span></div></td><td class=\"c n x381 y32ca w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x357 y32ca w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x535 y32ca w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb wec hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Exc<span class=\"_ _9\"></span>ess o<span class=\"_ _9\"></span>f fair value o<span class=\"_ _9\"></span>f tradin<span class=\"_ _9\"></span>g prop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>es over b<span class=\"_ _9\"></span>oo<span class=\"_ _9\"></span>k value<span class=\"_ _335\"> </span></div></td><td class=\"c n x26b y32cb w2f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x252 y32cb w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">48<span class=\"_ _335\"> </span></div></td><td class=\"c n x536 y32cb w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">48<span class=\"_ _335\"> </span></div></td><td class=\"c n x537 y32cb w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x538 y32cb w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">27<span class=\"_ _335\"> </span></div></td><td class=\"c n x539 y32cb w34 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">27<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc wed hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Shor<span class=\"_ _a\"></span>tfall o<span class=\"_ _9\"></span>f fair value o<span class=\"_ _9\"></span>f deb<span class=\"_ _9\"></span>t over bo<span class=\"_ _9\"></span>ok valu<span class=\"_ _9\"></span>e (<span class=\"_ _11\"></span>no<span class=\"_ _9\"></span>te 21<span class=\"_ _11\"></span>)<span class=\"_ _335\"> </span></div></td><td class=\"c n x53a y32cc w2f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x53b y32cc w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">359<span class=\"_ _335\"> </span></div></td><td class=\"c n x53c y32cc w37 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x53d y32cc w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x53e y32cc w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">334<span class=\"_ _335\"> </span></div></td><td class=\"c n x3e4 y32cc w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd wee hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Net as<span class=\"_ _9\"></span>set<span class=\"_ _9\"></span>s used in p<span class=\"_ _9\"></span>er sh<span class=\"_ _9\"></span>are cal<span class=\"_ _9\"></span>culation<span class=\"_ _335\"> </span></div></td><td class=\"c n x53f y32cd w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">6,537<span class=\"_ _335\"> </span></div></td><td class=\"c n x540 y32cd w58 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">6,938<span class=\"_ _335\"> </span></div></td><td class=\"c n x541 y32cd w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">6,574<span class=\"_ _335\"> </span></div></td><td class=\"c n x542 y32cd w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">6,514<span class=\"_ _335\"> </span></div></td><td class=\"c n x543 y32cd w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">6,867<span class=\"_ _335\"> </span></div></td><td class=\"c n x544 y32cd w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">6,530<span class=\"_ _335\"> </span></div></td></tr></table><table class=\"s wef hc5\" id=\"_eedc9344-7184-4399-89cf-f4651b36a701\"><tr><td></td><td class=\"c n x545 y32ce wde hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls7b ws82\">IFRS<span class=\"_ _335\"> </span></div></td><td class=\"c n x546 y32ce wf0 hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls159 ws18e\">E<span class=\"_ _9\"></span>PR<span class=\"_ _a\"></span>A N<span class=\"_ _9\"></span>DV<span class=\"_ _335\"> </span></div></td><td class=\"c n x547 y32ce wf1 hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls15a ws195\">E<span class=\"_ _9\"></span>P<span class=\"_ _9\"></span>R<span class=\"_ _a\"></span>A<span class=\"_ _9\"></span> N<span class=\"_ _a\"></span>TA<span class=\"_ _335\"> </span></div></td><td class=\"c n x548 y32ce wf2 hbc\"><div class=\"t m0 x239 h15 y3229 ff3 fsd fc2 sc0 ls7b ws82\">IFR<span class=\"_ _9\"></span>S<span class=\"_ _335\"> </span></div></td><td class=\"c n x549 y32ce wf3 hbc\"><div class=\"t m0 x239 h15 y3229 ff3 fsd fc2 sc0 ls11f ws82\">EPR<span class=\"_ _a\"></span>A NDV<span class=\"_ _335\"> </span></div></td><td class=\"c n x54a y32ce wf4 hbc\"><div class=\"t m0 x239 h15 y3229 ff3 fsd fc2 sc0 ls15c ws9b\">E<span class=\"_ _9\"></span>P<span class=\"_ _9\"></span>R<span class=\"_ _a\"></span>A<span class=\"_ _9\"></span> N<span class=\"_ _9\"></span>TA<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc wf5 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Net as<span class=\"_ _9\"></span>set<span class=\"_ _9\"></span>s per sh<span class=\"_ _9\"></span>are<span class=\"_ _335\"> </span></div></td><td class=\"c n x54b y32cc wf6 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">882p<span class=\"_ _335\"> </span></div></td><td class=\"c n x54c y32cc wf7 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls92 ws9d\">n<span class=\"_ _a\"></span>/a<span class=\"_ _335\"> </span></div></td><td class=\"c n x54d y32cc wf7 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls92 ws9d\">n<span class=\"_ _a\"></span>/a<span class=\"_ _335\"> </span></div></td><td class=\"c n x54e y32cc wf8 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">877p<span class=\"_ _335\"> </span></div></td><td class=\"c n x54f y32cc wf9 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls91 ws9c\">n<span class=\"_ _a\"></span>/a<span class=\"_ _335\"> </span></div></td><td class=\"c n x550 y32cc wfa hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls91 ws9c\">n<span class=\"_ _32\"></span>/a<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd wfb hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Dilute<span class=\"_ _9\"></span>d net as<span class=\"_ _9\"></span>sets p<span class=\"_ _9\"></span>er sh<span class=\"_ _9\"></span>are<span class=\"_ _335\"> </span></div></td><td class=\"c n x551 y32cd wf6 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">877p<span class=\"_ _335\"> </span></div></td><td class=\"c n x552 y32cd wf6 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">931p<span class=\"_ _335\"> </span></div></td><td class=\"c n x553 y32cd wf6 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">882p<span class=\"_ _335\"> </span></div></td><td class=\"c n x554 y32cd wf8 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">872p<span class=\"_ _335\"> </span></div></td><td class=\"c n x555 y32cd wf8 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">919p<span class=\"_ _335\"> </span></div></td><td class=\"c n x556 y32cd wf8 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">874p<span class=\"_ _335\"> </span></div></td></tr></table>NUMBER OF<span class=\"_ _11\"></span> SHAR<span class=\"_ _9\"></span>ES<span class=\"_ _335\"> </span><table class=\"s wfc hc6\" id=\"_8e6210eb-f8da-4888-ba08-c082392a6717\"><tr><td></td><td></td><td class=\"c n x557 y32cf w1c hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n x558 y32cf w44 hb8\"><div class=\"t m0 x239 h15 y320f ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"t m0 x559 h15 y32d0 ff2 fsd fc2 sc0 ls1 ws1\">Weigh<span class=\"_ _2\"></span>ted </td><td></td><td class=\"t m0 x55a h15 y32d0 ff3 fsd fc2 sc0 ls1 ws1\">Weighted </td><td></td></tr><tr><td></td><td class=\"t m0 x55b h15 y32d1 ff2 fsd fc2 sc0 ls41 ws7c\">average<span class=\"_ _335\"> </span></td><td class=\"t m0 x55c h15 y32d1 ff2 fsd fc2 sc0 ls83 ws95\">31 M<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>h<span class=\"_ _335\"> </span></td><td class=\"t m0 x55d h15 y32d1 ff3 fsd fc2 sc0 ls41 ws7c\">average<span class=\"_ _335\"> </span></td><td class=\"t m0 x55e h15 y32d1 ff3 fsd fc2 sc0 lsac wsbd\">31 M<span class=\"_ _a\"></span>ar<span class=\"_ _9\"></span>c<span class=\"_ _a\"></span>h<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x55f h15 y32d2 ff2 fsd fc2 sc0 ls78 ws7e\">million<span class=\"_ _335\"> </span></td><td class=\"t m0 x560 h15 y32d2 ff2 fsd fc2 sc0 ls78 ws7e\">million<span class=\"_ _335\"> </span></td><td class=\"t m0 x561 h15 y32d2 ff3 fsd fc2 sc0 ls76 ws13e\">million<span class=\"_ _335\"> </span></td><td class=\"t m0 x341 h15 y32d2 ff3 fsd fc2 sc0 ls76 ws13e\">million<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32c8 w74 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls37 ws34\">Ordinar<span class=\"_ _9\"></span>y shar<span class=\"_ _9\"></span>es<span class=\"_ _335\"> </span></div></td><td class=\"c n x562 y32c8 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">752<span class=\"_ _335\"> </span></div></td><td class=\"c n x563 y32c8 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">752<span class=\"_ _335\"> </span></div></td><td class=\"c n x564 y32c8 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">752<span class=\"_ _335\"> </span></div></td><td class=\"c n x565 y32c8 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">752<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32c9 wfd hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls37 ws34\">T<span class=\"_ _11\"></span>reasur<span class=\"_ _a\"></span>y shares<span class=\"_ _335\"> </span></div></td><td class=\"c n x3d0 y32c9 w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(7)<span class=\"_ _335\"> </span></div></td><td class=\"c n x3d1 y32c9 w8d hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(7)<span class=\"_ _335\"> </span></div></td><td class=\"c n x566 y32c9 w87 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(7)<span class=\"_ _335\"> </span></div></td><td class=\"c n x567 y32c9 w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(7)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32ca wfe hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Ow<span class=\"_ _9\"></span>n shar<span class=\"_ _9\"></span>es<span class=\"_ _335\"> </span></div></td><td class=\"c n x568 y32ca w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td><td class=\"c n x569 y32ca w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(4)<span class=\"_ _335\"> </span></div></td><td class=\"c n x56a y32ca w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td><td class=\"c n x56b y32ca w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb wff hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Numb<span class=\"_ _9\"></span>er of sh<span class=\"_ _9\"></span>ares \u2013 b<span class=\"_ _9\"></span>asic<span class=\"_ _335\"> </span></div></td><td class=\"c n x2d8 y32cb w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">743<span class=\"_ _335\"> </span></div></td><td class=\"c n x2d9 y32cb w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">741<span class=\"_ _335\"> </span></div></td><td class=\"c n x56c y32cb w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">743<span class=\"_ _335\"> </span></div></td><td class=\"c n x56d y32cb w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">743<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w100 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Dilu<span class=\"_ _9\"></span>tive effe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t of sh<span class=\"_ _9\"></span>are op<span class=\"_ _9\"></span>tions<span class=\"_ _335\"> </span></div></td><td class=\"c n x56e y32cc w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n x56f y32cc w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n x570 y32cc w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n x571 y32cc w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w101 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Numb<span class=\"_ _9\"></span>er of sh<span class=\"_ _9\"></span>ares \u2013 dil<span class=\"_ _9\"></span>uted<span class=\"_ _335\"> </span></div></td><td class=\"c n x2d8 y32cd w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">747<span class=\"_ _335\"> </span></div></td><td class=\"c n x2d9 y32cd w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">745<span class=\"_ _335\"> </span></div></td><td class=\"c n x56c y32cd w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">747<span class=\"_ _335\"> </span></div></td><td class=\"c n x56d y32cd w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">747<span class=\"_ _335\"> </span></div></td></tr></table>T<span class=\"_ _11\"></span>otal a<span class=\"_ _9\"></span>ccou<span class=\"_ _9\"></span>nting re<span class=\"_ _9\"></span>turn is c<span class=\"_ _9\"></span>alcula<span class=\"_ _9\"></span>ted a<span class=\"_ _9\"></span>s the cas<span class=\"_ _9\"></span>h div<span class=\"_ _9\"></span>iden<span class=\"_ _9\"></span>ds pe<span class=\"_ _9\"></span>r share p<span class=\"_ _9\"></span>aid in th<span class=\"_ _9\"></span>e year pl<span class=\"_ _9\"></span>us the ch<span class=\"_ _9\"></span>ange in EPR<span class=\"_ _9\"></span>A NT<span class=\"_ _2\"></span>A per s<span class=\"_ _9\"></span>hare, div<span class=\"_ _9\"></span>ide<span class=\"_ _9\"></span>d by the ope<span class=\"_ _9\"></span>ning EPR<span class=\"_ _9\"></span>A NT<span class=\"_ _11\"></span>A p<span class=\"_ _9\"></span>er sha<span class=\"_ _9\"></span>re. W<span class=\"_ _11\"></span>e c<span class=\"_ _9\"></span>onsid<span class=\"_ _9\"></span>er this to b<span class=\"_ _9\"></span>e a use<span class=\"_ _9\"></span>ful me<span class=\"_ _9\"></span>asure f<span class=\"_ _9\"></span>or shar<span class=\"_ _9\"></span>eho<span class=\"_ _9\"></span>lder<span class=\"_ _9\"></span>s as i<span class=\"_ _9\"></span>t give<span class=\"_ _9\"></span>s an indic<span class=\"_ _9\"></span>ation o<span class=\"_ _9\"></span>f the total a<span class=\"_ _9\"></span>cco<span class=\"_ _9\"></span>unting re<span class=\"_ _9\"></span>turn<span class=\"_ _9\"></span> over the ye<span class=\"_ _9\"></span>ar<span class=\"_ _1\"></span>.<span class=\"_ _335\"> </span>TOTAL AC<span class=\"_ _9\"></span>CO<span class=\"_ _9\"></span>UN<span class=\"_ _9\"></span>TI<span class=\"_ _9\"></span>N<span class=\"_ _9\"></span>G RE<span class=\"_ _9\"></span>T<span class=\"_ _9\"></span>UR<span class=\"_ _9\"></span>N B<span class=\"_ _9\"></span>A<span class=\"_ _9\"></span>SE<span class=\"_ _9\"></span>D O<span class=\"_ _9\"></span>N EP<span class=\"_ _9\"></span>R<span class=\"_ _a\"></span>A NT<span class=\"_ _2\"></span>A<span class=\"_ _335\"> </span><table class=\"s w102 hc7\" id=\"_43124e50-ab40-44e7-b846-b1e3a126051a\"><tr><td></td><td class=\"t m0 x572 h15 y32d3 ff2 fsd fc2 sc0 ls41 ws36\">Y<span class=\"_ _11\"></span>ear ended <span class=\"ls1 ws1\"> </span></td><td class=\"t m0 x573 h15 y32d3 ff3 fsd fc2 sc0 ls41 ws36\">Y<span class=\"_ _11\"></span>ear ended <span class=\"ls1 ws1\"> </span></td></tr><tr><td></td><td class=\"t m0 x574 h15 y32d4 ff2 fsd fc2 sc0 ls3f ws3c\">31 Ma<span class=\"_ _9\"></span>rc<span class=\"_ _9\"></span>h 2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x575 h15 y32d4 ff3 fsd fc2 sc0 ls74 ws1\">31 March 2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x576 h15 y32d5 ff2 fsd fc2 sc0 ls41 ws7c\">Pence<span class=\"_ _335\"> </span></td><td class=\"t m0 x4f0 h15 y32d5 ff3 fsd fc2 sc0 ls41 ws7c\">Pence<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32c9 w103 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Incre<span class=\"_ _9\"></span>ase in EPR<span class=\"_ _9\"></span>A NT<span class=\"_ _11\"></span>A p<span class=\"_ _9\"></span>er sh<span class=\"_ _9\"></span>are<span class=\"_ _335\"> </span></div></td><td class=\"c n x577 y32c9 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">8<span class=\"_ _335\"> </span></div></td><td class=\"c n x578 y32c9 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">15<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32ca w104 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Div<span class=\"_ _9\"></span>iden<span class=\"_ _9\"></span>d pai<span class=\"_ _9\"></span>d per s<span class=\"_ _9\"></span>hare in th<span class=\"_ _9\"></span>e year (<span class=\"_ _2\"></span>note 10<span class=\"_ _11\"></span>)<span class=\"_ _335\"> </span></div></td><td class=\"c n x579 y32ca w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">41<span class=\"_ _335\"> </span></div></td><td class=\"c n x57a y32ca w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">40<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w105 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls144 ws9d\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l r<span class=\"_ _a\"></span>e<span class=\"_ _9\"></span>t<span class=\"_ _a\"></span>u<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>n<span class=\"_ _a\"></span> (a)<span class=\"_ _335\"> </span></div></td><td class=\"c n x57b y32cb w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">49<span class=\"_ _335\"> </span></div></td><td class=\"c n x57c y32cb w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">55<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w106 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">EPRA NT<span class=\"_ _2\"></span>A per s<span class=\"_ _9\"></span>hare a<span class=\"_ _9\"></span>t the be<span class=\"_ _9\"></span>ginnin<span class=\"_ _9\"></span>g of the ye<span class=\"_ _9\"></span>ar (b<span class=\"_ _11\"></span>)<span class=\"_ _335\"> </span></div></td><td class=\"c n x57d y32cc w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">874<span class=\"_ _335\"> </span></div></td><td class=\"c n x57e y32cc w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">859<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w107 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1b ws86\">T<span class=\"_ _11\"></span>ota<span class=\"_ _9\"></span>l ac<span class=\"_ _9\"></span>cou<span class=\"_ _9\"></span>ntin<span class=\"_ _9\"></span>g re<span class=\"_ _9\"></span>turn<span class=\"_ _9\"></span> (<span class=\"_ _2\"></span>a/b)<span class=\"_ _335\"> </span></div></td><td class=\"c n x57f y32cd w108 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">5.6%<span class=\"_ _335\"> </span></div></td><td class=\"c n x580 y32cd w109 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">6.4%</div></td></tr></table>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfNetAssetValueAttributableToUnitholdersExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-371": {
   "value": "6<span class=\"_ _1c0\"> </span><span class=\"fc4 ls15d ws197\">REVENUE<span class=\"_ _335\"> </span></span>A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Rental inco<span class=\"_ _9\"></span>me, inclu<span class=\"_ _9\"></span>ding fixe<span class=\"_ _9\"></span>d rental up<span class=\"_ _9\"></span>lif<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s, is rec<span class=\"_ _9\"></span>ogni<span class=\"_ _9\"></span>sed in th<span class=\"_ _9\"></span>e inco<span class=\"_ _9\"></span>me s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent o<span class=\"_ _9\"></span>n a s<span class=\"_ _9\"></span>traight-line b<span class=\"_ _9\"></span>asis over th<span class=\"_ _9\"></span>e term of th<span class=\"_ _9\"></span>e le<span class=\"_ _9\"></span>ase. Leas<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span>incen<span class=\"_ _9\"></span>tives b<span class=\"_ _9\"></span>ein<span class=\"_ _9\"></span>g offere<span class=\"_ _9\"></span>d to occu<span class=\"_ _9\"></span>pier<span class=\"_ _9\"></span>s to ente<span class=\"_ _9\"></span>r into a lea<span class=\"_ _9\"></span>se, such as a<span class=\"_ _9\"></span>n initial r<span class=\"_ _9\"></span>ent-free p<span class=\"_ _9\"></span>erio<span class=\"_ _9\"></span>d or a cas<span class=\"_ _9\"></span>h contr<span class=\"_ _9\"></span>ibuti<span class=\"_ _9\"></span>on to fit ou<span class=\"_ _9\"></span>t or simi<span class=\"_ _9\"></span>lar cos<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s,<span class=\"_ _335\"> </span>are an inte<span class=\"_ _9\"></span>gral par<span class=\"_ _a\"></span>t of the ne<span class=\"_ _9\"></span>t con<span class=\"_ _9\"></span>side<span class=\"_ _9\"></span>ratio<span class=\"_ _9\"></span>n for the u<span class=\"_ _9\"></span>se of th<span class=\"_ _9\"></span>e prop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y an<span class=\"_ _9\"></span>d are the<span class=\"_ _9\"></span>refo<span class=\"_ _9\"></span>re rec<span class=\"_ _9\"></span>ogni<span class=\"_ _9\"></span>sed o<span class=\"_ _9\"></span>n the sam<span class=\"_ _9\"></span>e s<span class=\"_ _9\"></span>traight-line b<span class=\"_ _9\"></span>asis. Whe<span class=\"_ _9\"></span>re<span class=\"_ _335\"> </span>the tot<span class=\"_ _2\"></span>al consider<span class=\"_ _2\"></span>ation due u<span class=\"_ _2\"></span>nder a lease is<span class=\"_ _11\"></span> m<span class=\"_ _9\"></span>odified<span class=\"_ _2\"></span>, for ex<span class=\"_ _11\"></span>ample, where a<span class=\"_ _2\"></span> concession is gra<span class=\"_ _11\"></span>nted to a tena<span class=\"_ _2\"></span>nt prior<span class=\"_ _2\"></span> to the<span class=\"_ _2\"></span> date the<span class=\"_ _2\"></span> conceded<span class=\"_ _335\"> </span>rent fall<span class=\"_ _9\"></span>s due, the rev<span class=\"_ _9\"></span>ise<span class=\"_ _9\"></span>d total am<span class=\"_ _9\"></span>ount du<span class=\"_ _9\"></span>e unde<span class=\"_ _9\"></span>r the le<span class=\"_ _9\"></span>ase is r<span class=\"_ _9\"></span>eco<span class=\"_ _9\"></span>gnis<span class=\"_ _9\"></span>ed on a s<span class=\"_ _9\"></span>trai<span class=\"_ _9\"></span>ght-line bas<span class=\"_ _9\"></span>is over the r<span class=\"_ _9\"></span>emaini<span class=\"_ _9\"></span>ng term o<span class=\"_ _9\"></span>f the le<span class=\"_ _9\"></span>ase.<span class=\"_ _335\"> </span>Contingent<span class=\"_ _2\"></span> rents, being<span class=\"_ _2\"></span> lease payments that are not<span class=\"_ _2\"></span> fixed at t<span class=\"_ _2\"></span>he inception<span class=\"_ _2\"></span> of a lease<span class=\"_ _11\"></span>, for example t<span class=\"_ _11\"></span>urnover rents as<span class=\"_ _2\"></span> well as<span class=\"_ _2\"></span> surrender<span class=\"_ _2\"></span> premiums<span class=\"_ _335\"> </span>net o<span class=\"_ _9\"></span>f dilapi<span class=\"_ _9\"></span>dati<span class=\"_ _9\"></span>ons, are c<span class=\"_ _9\"></span>onsid<span class=\"_ _9\"></span>ere<span class=\"_ _9\"></span>d as variab<span class=\"_ _9\"></span>le co<span class=\"_ _9\"></span>nsid<span class=\"_ _9\"></span>erati<span class=\"_ _9\"></span>on and ar<span class=\"_ _9\"></span>e reco<span class=\"_ _9\"></span>rde<span class=\"_ _9\"></span>d as inc<span class=\"_ _9\"></span>ome in th<span class=\"_ _9\"></span>e year in w<span class=\"_ _9\"></span>hich th<span class=\"_ _9\"></span>ey are earn<span class=\"_ _9\"></span>ed. Whe<span class=\"_ _9\"></span>re a singl<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span>payment is received from<span class=\"_ _11\"></span> a tenant to<span class=\"_ _2\"></span> cover both<span class=\"_ _2\"></span> rent and<span class=\"_ _2\"></span> serv<span class=\"_ _9\"></span>ice charge<span class=\"_ _11\"></span>, the serv<span class=\"_ _9\"></span>ice charge<span class=\"_ _2\"></span> component is separat<span class=\"_ _2\"></span>ed and reported as service<span class=\"_ _335\"> </span>charge inc<span class=\"_ _2\"></span>ome.<span class=\"_ _335\"> </span>The Group<span class=\"_ _2\"></span>\u2019<span class=\"_ _11\"></span>s reven<span class=\"_ _11\"></span>ue from contracts with customers, as de<span class=\"_ _2\"></span>fined in I<span class=\"_ _11\"></span>FRS 15<span class=\"_ _2\"></span>, includes service charge i<span class=\"_ _2\"></span>ncome,<span class=\"_ _2\"></span> other propert<span class=\"_ _9\"></span>y related income<span class=\"_ _11\"></span>,<span class=\"_ _335\"> </span>trading<span class=\"_ _11\"></span> proper<span class=\"_ _a\"></span>ty sales proceeds, de<span class=\"_ _11\"></span>velopment contract income and other<span class=\"_ _2\"></span> income<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>Ser<span class=\"_ _9\"></span>vice charge i<span class=\"_ _2\"></span>ncome and management<span class=\"_ _11\"></span> fe<span class=\"_ _9\"></span>es are recorded<span class=\"_ _2\"></span> as income o<span class=\"_ _2\"></span>ver ti<span class=\"_ _11\"></span>m<span class=\"_ _9\"></span>e in t<span class=\"_ _2\"></span>he year i<span class=\"_ _11\"></span>n which the services are rendered<span class=\"_ _2\"></span>. Re<span class=\"_ _2\"></span>venue is<span class=\"_ _335\"> </span>recognised over<span class=\"_ _11\"></span> time because the tena<span class=\"_ _2\"></span>nts benefit from<span class=\"_ _2\"></span> the services as soon as the<span class=\"_ _2\"></span>y are r<span class=\"_ _2\"></span>endered by t<span class=\"_ _2\"></span>he Group<span class=\"_ _11\"></span>. The actual service provided<span class=\"_ _335\"> </span>during e<span class=\"_ _9\"></span>ach r<span class=\"_ _9\"></span>epo<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>ting p<span class=\"_ _9\"></span>erio<span class=\"_ _9\"></span>d is d<span class=\"_ _9\"></span>eterm<span class=\"_ _9\"></span>ine<span class=\"_ _9\"></span>d using c<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>t incurr<span class=\"_ _9\"></span>ed as th<span class=\"_ _9\"></span>e inpu<span class=\"_ _9\"></span>t me<span class=\"_ _9\"></span>thod.<span class=\"_ _335\"> </span>Other proper<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y related inc<span class=\"_ _2\"></span>ome includes de<span class=\"_ _2\"></span>velopment and<span class=\"_ _2\"></span> asset management fees<span class=\"_ _2\"></span>. These fees are<span class=\"_ _11\"></span> re<span class=\"_ _9\"></span>cognised ov<span class=\"_ _2\"></span>er time<span class=\"_ _11\"></span>, using time<span class=\"_ _2\"></span> elapsed<span class=\"_ _335\"> </span>as the inp<span class=\"_ _9\"></span>ut me<span class=\"_ _9\"></span>tho<span class=\"_ _9\"></span>d whi<span class=\"_ _9\"></span>ch me<span class=\"_ _9\"></span>asure<span class=\"_ _9\"></span>s the b<span class=\"_ _9\"></span>enefi<span class=\"_ _9\"></span>t simultan<span class=\"_ _9\"></span>eo<span class=\"_ _9\"></span>usly r<span class=\"_ _9\"></span>ece<span class=\"_ _9\"></span>ived an<span class=\"_ _9\"></span>d con<span class=\"_ _9\"></span>sume<span class=\"_ _9\"></span>d by the cus<span class=\"_ _9\"></span>tom<span class=\"_ _9\"></span>er<span class=\"_ _11\"></span>, over th<span class=\"_ _9\"></span>e per<span class=\"_ _9\"></span>iod th<span class=\"_ _9\"></span>e devel<span class=\"_ _9\"></span>opm<span class=\"_ _9\"></span>ent<span class=\"_ _335\"> </span>or asset management services are provided<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs1a7\">Proce<span class=\"_ _9\"></span>ed<span class=\"_ _9\"></span>s rec<span class=\"_ _9\"></span>eive<span class=\"_ _9\"></span>d on the s<span class=\"_ _9\"></span>ale of tra<span class=\"_ _9\"></span>ding pro<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s are re<span class=\"_ _9\"></span>cogni<span class=\"_ _9\"></span>sed w<span class=\"_ _9\"></span>he<span class=\"_ _9\"></span>n contro<span class=\"_ _9\"></span>l of the p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y tran<span class=\"_ _9\"></span>sfe<span class=\"_ _9\"></span>rs to th<span class=\"_ _9\"></span>e buye<span class=\"_ _9\"></span>r<span class=\"_ _11\"></span>, i.<span class=\"_ _11\"></span>e. the buye<span class=\"_ _9\"></span>r has th<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs1a8\">abilit<span class=\"_ _9\"></span>y to dir<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>t th<span class=\"_ _9\"></span>e use of t<span class=\"_ _9\"></span>he pro<span class=\"_ _9\"></span>per<span class=\"_ _a\"></span>ty an<span class=\"_ _9\"></span>d the righ<span class=\"_ _9\"></span>t to the cas<span class=\"_ _9\"></span>h inflows and o<span class=\"_ _9\"></span>ut<span class=\"_ _9\"></span>flows ge<span class=\"_ _9\"></span>nera<span class=\"_ _9\"></span>ted by i<span class=\"_ _9\"></span>t. This gene<span class=\"_ _9\"></span>rally o<span class=\"_ _9\"></span>ccur<span class=\"_ _9\"></span>s on unc<span class=\"_ _9\"></span>ondi<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>al<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs1a9\">exchange<span class=\"_ _11\"></span> or on completion.<span class=\"_ _2\"></span> If completion<span class=\"_ _11\"></span> is expec<span class=\"_ _9\"></span>ted to occur si<span class=\"_ _2\"></span>gnifi<span class=\"_ _2\"></span>cantly after ex<span class=\"_ _11\"></span>change or if the Grou<span class=\"_ _11\"></span>p has signific<span class=\"_ _2\"></span>ant outstanding<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs1aa\">obligations between exchange<span class=\"_ _2\"></span> and completion<span class=\"_ _11\"></span>, the Group assesses whether there<span class=\"_ _2\"></span> are mu<span class=\"_ _2\"></span>ltiple performance obligations<span class=\"_ _2\"></span> in the<span class=\"_ _2\"></span> contract<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs1ab\">and recognises r<span class=\"_ _2\"></span>evenue<span class=\"_ _2\"></span> as each performance obligation<span class=\"_ _2\"></span> is satisfied<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs1ac\">When propert<span class=\"_ _9\"></span>y is let under a<span class=\"_ _2\"></span> finance lease<span class=\"_ _11\"></span>, the Group recogni<span class=\"_ _2\"></span>ses a receivable<span class=\"_ _2\"></span> equal to<span class=\"_ _2\"></span> the net in<span class=\"_ _11\"></span>ves<span class=\"_ _9\"></span>tment in<span class=\"_ _2\"></span> the lease at i<span class=\"_ _2\"></span>nception of t<span class=\"_ _2\"></span>he lease<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs1ad\">Rent<span class=\"_ _2\"></span>als received a<span class=\"_ _2\"></span>re account<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>d for as<span class=\"_ _2\"></span> repayments of principal<span class=\"_ _2\"></span> and fina<span class=\"_ _2\"></span>nce income as<span class=\"_ _11\"></span> appropriate.<span class=\"_ _11\"></span> Finance income is al<span class=\"_ _11\"></span>lo<span class=\"_ _9\"></span>cated to each<span class=\"_ _2\"></span> period<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls26 ws1 gs1ae\">during th<span class=\"_ _9\"></span>e lea<span class=\"_ _9\"></span>se term s<span class=\"_ _9\"></span>o as to pro<span class=\"_ _9\"></span>duc<span class=\"_ _9\"></span>e a cons<span class=\"_ _9\"></span>tant p<span class=\"_ _9\"></span>eri<span class=\"_ _9\"></span>odic ra<span class=\"_ _9\"></span>te of inte<span class=\"_ _9\"></span>res<span class=\"_ _9\"></span>t on th<span class=\"_ _9\"></span>e rem<span class=\"_ _9\"></span>aining ne<span class=\"_ _9\"></span>t inves<span class=\"_ _9\"></span>tme<span class=\"_ _9\"></span>nt in the fin<span class=\"_ _9\"></span>ance l<span class=\"_ _9\"></span>eas<span class=\"_ _9\"></span>e and is re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>gnise<span class=\"_ _9\"></span>d<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs1af\">withi<span class=\"_ _9\"></span>n revenue.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs1b0\">Revenue on d<span class=\"_ _9\"></span>evelop<span class=\"_ _9\"></span>men<span class=\"_ _9\"></span>t contra<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ts i<span class=\"_ _9\"></span>s rec<span class=\"_ _9\"></span>ogni<span class=\"_ _9\"></span>sed ove<span class=\"_ _9\"></span>r time over th<span class=\"_ _9\"></span>e per<span class=\"_ _9\"></span>iod o<span class=\"_ _9\"></span>f the co<span class=\"_ _9\"></span>ntrac<span class=\"_ _9\"></span>t a<span class=\"_ _9\"></span>s the Gro<span class=\"_ _9\"></span>up cre<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>s or enh<span class=\"_ _9\"></span>ance<span class=\"_ _9\"></span>s an ass<span class=\"_ _9\"></span>et th<span class=\"_ _9\"></span>at the<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs1b1\">customer controls<span class=\"_ _11\"></span>. Progress to<span class=\"_ _2\"></span>wards<span class=\"_ _2\"></span> completion of t<span class=\"_ _2\"></span>he development<span class=\"_ _11\"></span>, by reference t<span class=\"_ _11\"></span>o the value<span class=\"_ _2\"></span> of work c<span class=\"_ _2\"></span>ompleted using t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>e costs incurred t<span class=\"_ _2\"></span>o<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs1b2\">date as a p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>on of to<span class=\"_ _9\"></span>tal cos<span class=\"_ _9\"></span>ts ex<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ted to b<span class=\"_ _9\"></span>e incur<span class=\"_ _9\"></span>red ove<span class=\"_ _9\"></span>r the term o<span class=\"_ _9\"></span>f the co<span class=\"_ _9\"></span>ntrac<span class=\"_ _9\"></span>t i<span class=\"_ _9\"></span>s use<span class=\"_ _9\"></span>d as the inp<span class=\"_ _9\"></span>ut m<span class=\"_ _9\"></span>etho<span class=\"_ _9\"></span>d.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs1b3\">Other income includes t<span class=\"_ _2\"></span>urnov<span class=\"_ _2\"></span>er generated fr<span class=\"_ _2\"></span>om the pr<span class=\"_ _2\"></span>ovision of<span class=\"_ _2\"></span> equipment,<span class=\"_ _11\"></span> facilities and services to customers throug<span class=\"_ _11\"></span>h the Group\u2019<span class=\"_ _1\"></span>s s<span class=\"_ _9\"></span>tudio<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs1b4\">and hotel operat<span class=\"_ _2\"></span>ions.<span class=\"_ _11\"></span> Revenue is<span class=\"_ _2\"></span> recognised ov<span class=\"_ _2\"></span>er time<span class=\"_ _2\"></span> as customers obtain<span class=\"_ _11\"></span> control of the pr<span class=\"_ _2\"></span>omised goods or services, typically upon delivery<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs1b5\">or as services are rendered<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></div><div class=\"t m0 h4a ff1 fs1 fc0 sc0 ls1 ws1 gs1b6\">S<span class=\"_ _87\"> </span><span class=\"fc2 lsd0 wsa4\">SIGNIFICANT<span class=\"_ _11\"></span> ACCOUNTING<span class=\"_ _11\"></span> JU<span class=\"_ _9\"></span>DGEMENT<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs1b7\">For those pr<span class=\"_ _9\"></span>ope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s whe<span class=\"_ _9\"></span>re the p<span class=\"_ _9\"></span>rope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y ma<span class=\"_ _9\"></span>nage<span class=\"_ _9\"></span>men<span class=\"_ _9\"></span>t ac<span class=\"_ _9\"></span>tiv<span class=\"_ _9\"></span>itie<span class=\"_ _9\"></span>s are p<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>fo<span class=\"_ _9\"></span>rme<span class=\"_ _9\"></span>d by a third par<span class=\"_ _a\"></span>ty<span class=\"_ _11\"></span>, th<span class=\"_ _9\"></span>e Grou<span class=\"_ _9\"></span>p consi<span class=\"_ _9\"></span>der<span class=\"_ _9\"></span>s the third p<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y to b<span class=\"_ _9\"></span>e the<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs1b8\">principal<span class=\"_ _2\"></span> delivering<span class=\"_ _2\"></span> the service. The<span class=\"_ _11\"></span> key factors considered b<span class=\"_ _2\"></span>y the Grou<span class=\"_ _11\"></span>p when making this j<span class=\"_ _2\"></span>udgement include<span class=\"_ _2\"></span> the follo<span class=\"_ _11\"></span>w<span class=\"_ _9\"></span>ing responsibi<span class=\"_ _2\"></span>lities of<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs1b9\">the third p<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y:<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws21 gs1ba\">\u2022<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs1bb\">selec<span class=\"_ _9\"></span>ting su<span class=\"_ _2\"></span>ppliers and ens<span class=\"_ _11\"></span>uring all services are delivered<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws21 gs1bc\">\u2022<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs1bd\">establishing pr<span class=\"_ _2\"></span>ices and seeking<span class=\"_ _2\"></span> efficiencies<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws21 gs1be\">\u2022<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs1bf\">risk management<span class=\"_ _2\"></span> and complia<span class=\"_ _2\"></span>nce<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs1c0\">In addi<span class=\"_ _9\"></span>tion, the re<span class=\"_ _9\"></span>sidu<span class=\"_ _9\"></span>al right<span class=\"_ _9\"></span>s re<span class=\"_ _9\"></span>siding w<span class=\"_ _9\"></span>ith th<span class=\"_ _9\"></span>e Group a<span class=\"_ _9\"></span>re gen<span class=\"_ _9\"></span>erall<span class=\"_ _9\"></span>y pro<span class=\"_ _9\"></span>tec<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>ve in natur<span class=\"_ _9\"></span>e.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs1c1\">All revenu<span class=\"_ _9\"></span>e is cl<span class=\"_ _9\"></span>assifie<span class=\"_ _9\"></span>d wi<span class=\"_ _9\"></span>thin the \u2018EPR<span class=\"_ _9\"></span>A e<span class=\"_ _9\"></span>arning<span class=\"_ _9\"></span>s\u2019 column o<span class=\"_ _9\"></span>f the inc<span class=\"_ _9\"></span>ome s<span class=\"_ _9\"></span>ta<span class=\"_ _9\"></span>temen<span class=\"_ _9\"></span>t, with th<span class=\"_ _9\"></span>e excep<span class=\"_ _9\"></span>tion of p<span class=\"_ _9\"></span>roc<span class=\"_ _9\"></span>ee<span class=\"_ _9\"></span>ds from th<span class=\"_ _9\"></span>e sale o<span class=\"_ _9\"></span>f tradin<span class=\"_ _9\"></span>g<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs1c2\">proper<span class=\"_ _9\"></span>ties, i<span class=\"_ _11\"></span>ncom<span class=\"_ _9\"></span>e from de<span class=\"_ _11\"></span>velopment contracts or transactions and t<span class=\"_ _2\"></span>he non-owned element<span class=\"_ _2\"></span> of the Gr<span class=\"_ _2\"></span>oup\u2019<span class=\"_ _1\"></span>s subsidiaries<span class=\"_ _2\"></span> which are<span class=\"_ _2\"></span> presented<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs1c3\">in the \u2018Capi<span class=\"_ _9\"></span>tal and o<span class=\"_ _9\"></span>ther i<span class=\"_ _9\"></span>tems\u2019 co<span class=\"_ _9\"></span>lumn.<span class=\"_ _335\"> </span></div><div class=\"gs1c4\"><table class=\"s w10a hc8\" id=\"_cefe0ba3-a86a-4a14-b2a3-082b576b3303\"><tr><td></td><td></td><td></td><td class=\"c n x23a y32d6 w1c hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></div></td><td></td><td></td><td class=\"c n x23b y32d6 w1d hbc\"><div class=\"t m0 x239 h15 y3229 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td></td><td class=\"t m0 x581 h15 y32d7 ff2 fsd fc2 sc0 ls8d ws95\">Cap<span class=\"_ _9\"></span>ital </td><td></td><td></td><td class=\"t m0 x23d h15 y32d7 ff3 fsd fc2 sc0 ls76 ws13e\">Capital </td><td></td></tr><tr><td></td><td class=\"t m0 x23e h15 y32d8 ff2 fsd fc2 sc0 ls1 ws1\">EPRA </td><td class=\"t m0 x23f h15 y32d8 ff2 fsd fc2 sc0 ls41 ws36\">and ot<span class=\"_ _2\"></span>her </td><td></td><td class=\"t m0 x240 h15 y32d8 ff3 fsd fc2 sc0 ls101 ws18e\">EPR<span class=\"_ _9\"></span>A </td><td class=\"t m0 x241 h15 y32d8 ff3 fsd fc2 sc0 ls41 ws36\">and other </td><td></td></tr><tr><td></td><td class=\"t m0 x242 h15 y32d9 ff2 fsd fc2 sc0 ls78 ws7e\">earnings<span class=\"_ _335\"> </span></td><td class=\"t m0 x243 h15 y32d9 ff2 fsd fc2 sc0 ls7b ws82\">items<span class=\"_ _335\"> </span></td><td class=\"t m0 x244 h15 y32d9 ff2 fsd fc2 sc0 lsa4 wsb2\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td><td class=\"t m0 x245 h15 y32d9 ff3 fsd fc2 sc0 ls76 ws13e\">earnings<span class=\"_ _335\"> </span></td><td class=\"t m0 x246 h15 y32d9 ff3 fsd fc2 sc0 ls41 ws7c\">items<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y32d9 ff3 fsd fc2 sc0 lsa7 ws6c\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x249 h15 y32da ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24a h15 y32da ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24b h15 y32da ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y32da ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y32da ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y32da ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32db w10b hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Rent<span class=\"_ _2\"></span>al income<span class=\"_ _2\"></span> (<span class=\"_ _11\"></span>excluding<span class=\"_ _11\"></span> adjustment for lease incent<span class=\"_ _2\"></span>ives<span class=\"_ _11\"></span>)<span class=\"_ _335\"> </span></div></td><td class=\"c n x582 y32db w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">593<span class=\"_ _335\"> </span></div></td><td class=\"c n x583 y32db w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x584 y32db w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">595<span class=\"_ _335\"> </span></div></td><td class=\"c n x585 y32db w10c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">563<span class=\"_ _335\"> </span></div></td><td class=\"c n x586 y32db w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n x2b0 y32db w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">567<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32dc w10d hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Adjustment<span class=\"_ _2\"></span> for lease incent<span class=\"_ _11\"></span>i<span class=\"_ _9\"></span>ves<span class=\"_ _335\"> </span></div></td><td class=\"c n x587 y32dc w2d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">23<span class=\"_ _335\"> </span></div></td><td class=\"c n x588 y32dc w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x418 y32dc w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">23<span class=\"_ _335\"> </span></div></td><td class=\"c n x419 y32dc w34 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">33<span class=\"_ _335\"> </span></div></td><td class=\"c n x589 y32dc w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x58a y32dc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">33<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32dd w10e hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls37 ws34\">Rental income<span class=\"_ _335\"> </span></div></td><td class=\"c n x58b y32dd w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">616<span class=\"_ _335\"> </span></div></td><td class=\"c n x58c y32dd w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x58d y32dd w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">618<span class=\"_ _335\"> </span></div></td><td class=\"c n x58e y32dd w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">596<span class=\"_ _335\"> </span></div></td><td class=\"c n x58f y32dd w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n x590 y32dd w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">600<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y32de w10f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Ser<span class=\"_ _9\"></span>vice charge i<span class=\"_ _2\"></span>ncome</div><div class=\"t m0 x591 h16 y32a3 ff3 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x25e y32df w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">190<span class=\"_ _335\"> </span></div></td><td class=\"c n x592 y32df w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x593 y32df w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">190<span class=\"_ _335\"> </span></div></td><td class=\"c n x594 y32df w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">154<span class=\"_ _335\"> </span></div></td><td class=\"c n x595 y32df w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x596 y32df w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">155<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e0 w110 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">T<span class=\"_ _11\"></span>rading pr<span class=\"_ _2\"></span>oper<span class=\"_ _9\"></span>ty sales proceeds<span class=\"_ _335\"> </span></div></td><td class=\"c n x597 y32e0 w2f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x598 y32e0 w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">30<span class=\"_ _335\"> </span></div></td><td class=\"c n x599 y32e0 w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">30<span class=\"_ _335\"> </span></div></td><td class=\"c n x53d y32e0 w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x59a y32e0 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td><td class=\"c n x59b y32e0 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e1 wc7 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other proper<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y related inc<span class=\"_ _2\"></span>ome<span class=\"_ _335\"> </span></div></td><td class=\"c n x59c y32e1 w2d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">30<span class=\"_ _335\"> </span></div></td><td class=\"c n x59d y32e1 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x59e y32e1 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">30<span class=\"_ _335\"> </span></div></td><td class=\"c n x59f y32e1 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">34<span class=\"_ _335\"> </span></div></td><td class=\"c n x5a0 y32e1 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x5a1 y32e1 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">35<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e2 wbe hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Finance lease i<span class=\"_ _2\"></span>nterest<span class=\"_ _335\"> </span></div></td><td class=\"c n x5a2 y32e2 w25 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x3a5 y32e2 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5a3 y32e2 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x5a4 y32e2 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x5a5 y32e2 w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x420 y32e2 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e3 w111 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Development cont<span class=\"_ _11\"></span>rac<span class=\"_ _9\"></span>t and transaction income<span class=\"_ _335\"> </span></div></td><td class=\"c n x52c y32e3 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x52d y32e3 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5a6 y32e3 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5a7 y32e3 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5a8 y32e3 w34 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">17<span class=\"_ _335\"> </span></div></td><td class=\"c n x5a9 y32e3 w34 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">17<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e4 wc9 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other operating income<span class=\"_ _335\"> </span></div></td><td class=\"c n x5aa y32e4 w2d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td><td class=\"c n x5ab y32e4 w37 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5ac y32e4 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td><td class=\"c n x5ad y32e4 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td><td class=\"c n x5ae y32e4 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5af y32e4 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc wcc hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other income<span class=\"_ _335\"> </span></div></td><td class=\"c n x5b0 y32cc w25 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x5b1 y32cc w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5b2 y32cc w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x5b3 y32cc w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x5b4 y32cc w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5b5 y32cc w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w112 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">Re<span class=\"_ _11\"></span>venue per t<span class=\"_ _2\"></span>he income<span class=\"_ _2\"></span> stat<span class=\"_ _11\"></span>ement<span class=\"_ _335\"> </span></div></td><td class=\"c n x5b6 y32cd w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">860<span class=\"_ _335\"> </span></div></td><td class=\"c n x5b7 y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">32<span class=\"_ _335\"> </span></div></td><td class=\"c n x5b8 y32cd w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">892<span class=\"_ _335\"> </span></div></td><td class=\"c n x5b9 y32cd w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">797<span class=\"_ _335\"> </span></div></td><td class=\"c n x5ba y32cd w34 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">45<span class=\"_ _335\"> </span></div></td><td class=\"c n x5bb y32cd w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">842<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls43 ws1 gs1c5\">1. <span class=\"_ _a\"></span>Curre<span class=\"_ _9\"></span>nt ye<span class=\"_ _9\"></span>ar b<span class=\"_ _9\"></span>ala<span class=\"_ _9\"></span>nce<span class=\"_ _9\"></span>s re<span class=\"_ _9\"></span>flec<span class=\"_ _a\"></span>t a recl<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>sifi<span class=\"_ _9\"></span>ca<span class=\"_ _9\"></span>tio<span class=\"_ _9\"></span>n of se<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>v<span class=\"_ _9\"></span>ice c<span class=\"_ _9\"></span>ha<span class=\"_ _9\"></span>rge m<span class=\"_ _9\"></span>ana<span class=\"_ _9\"></span>ge<span class=\"_ _9\"></span>me<span class=\"_ _9\"></span>nt fe<span class=\"_ _9\"></span>e<span class=\"_ _9\"></span>s fro<span class=\"_ _9\"></span>m ser<span class=\"_ _a\"></span>vic<span class=\"_ _9\"></span>e cha<span class=\"_ _9\"></span>rge e<span class=\"_ _9\"></span>xp<span class=\"_ _9\"></span>en<span class=\"_ _9\"></span>se to s<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>v<span class=\"_ _9\"></span>ic<span class=\"_ _9\"></span>e cha<span class=\"_ _9\"></span>rge i<span class=\"_ _9\"></span>nco<span class=\"_ _9\"></span>me o<span class=\"_ _9\"></span>f <span class=\"ff2 ls83 ws87\">\u00a311m</span>. W<span class=\"_ _9\"></span>hil<span class=\"_ _9\"></span>e the c<span class=\"_ _9\"></span>omp<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>ati<span class=\"_ _9\"></span>ve<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span> </div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls43 ws1 gs1c6\">ha<span class=\"_ _9\"></span>ve no<span class=\"_ _9\"></span>t be<span class=\"_ _9\"></span>en r<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>ta<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d, the e<span class=\"_ _9\"></span>qui<span class=\"_ _9\"></span>val<span class=\"_ _9\"></span>ent r<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>la<span class=\"_ _9\"></span>ss<span class=\"_ _9\"></span>ifica<span class=\"_ _9\"></span>tio<span class=\"_ _9\"></span>n wo<span class=\"_ _9\"></span>uld h<span class=\"_ _9\"></span>ave b<span class=\"_ _9\"></span>e<span class=\"_ _9\"></span>en \u00a38m.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs1c8\">The follo<span class=\"_ _2\"></span>wing table<span class=\"_ _11\"></span> re<span class=\"_ _9\"></span>conciles rev<span class=\"_ _11\"></span>enue per the income statement<span class=\"_ _2\"></span> to the<span class=\"_ _2\"></span> individual<span class=\"_ _2\"></span> components of rev<span class=\"_ _2\"></span>enue presented<span class=\"_ _2\"></span> in note 4<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></div><div class=\"gs1c9\"><table class=\"s w113 hc9\" id=\"_f7f14f6e-04b9-4658-80d7-43a42c8868da\"><tr><td></td><td></td><td></td><td></td><td class=\"c n x5bc y32e5 w1c hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x5bd y32e5 w1d hb8\"><div class=\"t m0 x239 h15 y320f ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td></td><td></td><td class=\"t m0 x5be h15 y32e6 ff2 fsd fc2 sc0 ls1 ws1\">Adjustment </td><td></td><td></td><td></td><td class=\"t m0 x5bf h15 y32e7 ff3 fsd fc2 sc0 ls75 ws7a\">Adjustme<span class=\"_ _9\"></span>nt </td><td></td></tr><tr><td></td><td></td><td></td><td class=\"t m0 x242 h15 y32e8 ff2 fsd fc2 sc0 ls8c ws17a\">for non<span class=\"_ _2\"></span>-<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td class=\"t m0 x5c0 h15 y32e9 ff3 fsd fc2 sc0 ls41 ws36\">for non- </td><td></td></tr><tr><td></td><td></td><td class=\"t m0 x5c1 h15 y32ea ff2 fsd fc2 sc0 ls1 ws1\">Joint </td><td class=\"t m0 x5c2 h15 y32eb ff2 fsd fc2 sc0 ls41 ws36\">wholly o<span class=\"_ _11\"></span>wned </td><td></td><td></td><td class=\"t m0 x240 h15 y32eb ff3 fsd fc2 sc0 lsa6 ws96\">Joint<span class=\"ls1 ws1\"> </span></td><td class=\"t m0 x5c3 h15 y32ec ff3 fsd fc2 sc0 ls75 ws164\">wholl<span class=\"_ _9\"></span>y owned </td><td></td></tr><tr><td></td><td class=\"t m0 x5c4 h15 y32ed ff2 fsd fc2 sc0 ls76 ws13e\">Group<span class=\"_ _335\"> </span></td><td class=\"t m0 x5c5 h15 y32ed ff2 fsd fc2 sc0 ls3a ws37\">ventur<span class=\"_ _9\"></span>es<span class=\"_ _335\"> </span></td><td class=\"t m0 x5be h15 y32ee ff2 fsd fc2 sc0 ls78 ws7e\">subsidiaries<span class=\"_ _335\"> </span></td><td class=\"t m0 x5c6 h15 y32ee ff2 fsd fc2 sc0 lsa4 wsb2\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td><td class=\"t m0 x5c7 h15 y32ee ff3 fsd fc2 sc0 ls76 ws13e\">Group</td><td class=\"t m0 x55c h15 y32ee ff3 fsd fc2 sc0 ls113 ws56\"> ventures<span class=\"_ _335\"> </span></td><td class=\"t m0 x5bf h15 y32ef ff3 fsd fc2 sc0 ls76 ws13e\">subsidiaries<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y32ef ff3 fsd fc2 sc0 lsa7 ws6c\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x5c8 h15 y32f0 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x343 h15 y32f0 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x249 h15 y32f1 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24a h15 y32f1 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24b h15 y32f1 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y32f1 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y32f2 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y32f2 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32f3 wbd hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Rent<span class=\"_ _2\"></span>al income<span class=\"_ _335\"> </span></div></td><td class=\"c n x5c9 y32f3 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">618<span class=\"_ _335\"> </span></div></td><td class=\"c n x5ca y32f3 w2d hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">39<span class=\"_ _335\"> </span></div></td><td class=\"c n x5cb y32f3 wc4 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td><td class=\"c n x5cc y32f3 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">655<span class=\"_ _335\"> </span></div></td><td class=\"c n x5cd y32f3 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">600<span class=\"_ _335\"> </span></div></td><td class=\"c n x2ea y32f3 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">39<span class=\"_ _335\"> </span></div></td><td class=\"c n x5ce y32f3 w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(4)<span class=\"_ _335\"> </span></div></td><td class=\"c n x5bb y32f3 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">635<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y32f4 w10f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Ser<span class=\"_ _9\"></span>vice charge i<span class=\"_ _2\"></span>ncome</div><div class=\"t m0 x591 h16 y32a3 ff3 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x5cf y32f4 w20 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">190<span class=\"_ _335\"> </span></div></td><td class=\"c n x5d0 y32f4 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td><td class=\"c n x5d1 y32f4 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5d2 y32f4 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">200<span class=\"_ _335\"> </span></div></td><td class=\"c n x5d3 y32f4 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">155<span class=\"_ _335\"> </span></div></td><td class=\"c n x5d4 y32f4 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td><td class=\"c n x5d5 y32f4 w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n x5d6 y32f4 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">165<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32f5 wc7 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other proper<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y related inc<span class=\"_ _2\"></span>ome<span class=\"_ _335\"> </span></div></td><td class=\"c n x5d7 y32f5 w2d hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">30<span class=\"_ _335\"> </span></div></td><td class=\"c n x5d8 y32f5 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n x5d9 y32f5 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5da y32f5 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">34<span class=\"_ _335\"> </span></div></td><td class=\"c n x5db y32f5 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">35<span class=\"_ _335\"> </span></div></td><td class=\"c n x5dc y32f5 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x5dd y32f5 w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n x5de y32f5 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">36<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32f6 wbe hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Finance lease i<span class=\"_ _2\"></span>nterest<span class=\"_ _335\"> </span></div></td><td class=\"c n x5df y32f6 w25 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x5e0 y32f6 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5e1 y32f6 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5e2 y32f6 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x5e3 y32f6 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x5e4 y32f6 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5e5 y32f6 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5e6 y32f6 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32f7 wc9 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other operating income<span class=\"_ _335\"> </span></div></td><td class=\"c n x5e7 y32f7 w2d hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td><td class=\"c n x5e8 y32f7 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5e9 y32f7 w2f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5ea y32f7 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td><td class=\"c n x5eb y32f7 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td><td class=\"c n x5ec y32f7 w5c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5ed y32f7 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x322 y32f7 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32f8 wcc hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other income<span class=\"_ _335\"> </span></div></td><td class=\"c n x5df y32f8 w25 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x5e0 y32f8 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5e1 y32f8 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5e2 y32f8 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x5e3 y32f8 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x5e4 y32f8 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5ee y32f8 w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n x5ef y32f8 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x297 h9 y32f9 ff2 fs6 fc2 sc0 ls8f ws42\">Re<span class=\"_ _11\"></span>venue in t<span class=\"_ _11\"></span>he segmental </td><td class=\"c n x5cf y32fa w20 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">862<span class=\"_ _335\"> </span></div></td><td class=\"c n x5d0 y32fa w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">53<span class=\"_ _335\"> </span></div></td><td class=\"c n x5f0 y32fa w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td><td class=\"c n x5f1 y32fa w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">913<span class=\"_ _335\"> </span></div></td><td class=\"c n x5f2 y32fa w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">803<span class=\"_ _335\"> </span></div></td><td class=\"c n x5f3 y32fa w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">52<span class=\"_ _335\"> </span></div></td><td class=\"c n x5f4 y32fa w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(7)<span class=\"_ _335\"> </span></div></td><td class=\"c n x5f5 y32fa w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">848<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x297 h9 y32fb ff2 fs6 fc2 sc0 ls1b ws11a\">info<span class=\"_ _9\"></span>rma<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span><span class=\"_ gsd2\"> </span>no<span class=\"_ _9\"></span>te<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m0 x297 h9 y32fc ff3 fs6 fc2 sc0 ls29 ws28\">Development cont<span class=\"_ _11\"></span>rac<span class=\"_ _9\"></span>t and transaction </td><td class=\"c n x5f6 y32fd w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5f7 y32fd w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5f8 y32fd w2f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5f9 y32fd w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5fa y32fd w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">17<span class=\"_ _335\"> </span></div></td><td class=\"c n x5fb y32fd w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5fc y32fd w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5fd y32fd w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">17<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x297 h9 y32fe ff3 fs6 fc2 sc0 ls29 ws48\">income<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y32ff w110 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">T<span class=\"_ _11\"></span>rading pr<span class=\"_ _2\"></span>oper<span class=\"_ _9\"></span>ty sales proceeds<span class=\"_ _335\"> </span></div></td><td class=\"c n x5fe y32ff w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">30<span class=\"_ _335\"> </span></div></td><td class=\"c n x5ff y32ff w2f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x600 y32ff w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x601 y32ff w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">30<span class=\"_ _335\"> </span></div></td><td class=\"c n x602 y32ff w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td><td class=\"c n x603 y32ff w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x604 y32ff w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x4b8 y32ff w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y3228 w114 hca\"><div class=\"t m0 x239 h9 y3300 ff2 fs6 fc2 sc0 ls8f ws42\">Re<span class=\"_ _11\"></span>venue incl<span class=\"_ _2\"></span>uding Ca<span class=\"_ _2\"></span>pita<span class=\"_ _11\"></span>l and<span class=\"_ _335\"> </span></div><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws98\">other<span class=\"_ gsd2\"> </span><span class=\"_ _11\"></span>items<span class=\"_ _335\"> </span></div></td><td class=\"c n x5cf y3301 w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">892<span class=\"_ _335\"> </span></div></td><td class=\"c n x5d0 y3301 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">53<span class=\"_ _335\"> </span></div></td><td class=\"c n x5f0 y3301 w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td><td class=\"c n x5f1 y3301 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">943<span class=\"_ _335\"> </span></div></td><td class=\"c n x5f2 y3301 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">842<span class=\"_ _335\"> </span></div></td><td class=\"c n x5f3 y3301 w34 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">52<span class=\"_ _335\"> </span></div></td><td class=\"c n x5f4 y3301 w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(7)<span class=\"_ _335\"> </span></div></td><td class=\"c n x5f5 y3301 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">887<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls43 ws1 gs1ca\">1. <span class=\"_ _a\"></span>Curre<span class=\"_ _9\"></span>nt ye<span class=\"_ _9\"></span>ar b<span class=\"_ _9\"></span>ala<span class=\"_ _9\"></span>nce<span class=\"_ _9\"></span>s re<span class=\"_ _9\"></span>flec<span class=\"_ _a\"></span>t a recl<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>sifi<span class=\"_ _9\"></span>ca<span class=\"_ _9\"></span>tio<span class=\"_ _9\"></span>n of se<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>v<span class=\"_ _9\"></span>ice c<span class=\"_ _9\"></span>ha<span class=\"_ _9\"></span>rge m<span class=\"_ _9\"></span>ana<span class=\"_ _9\"></span>ge<span class=\"_ _9\"></span>me<span class=\"_ _9\"></span>nt fe<span class=\"_ _9\"></span>e<span class=\"_ _9\"></span>s fro<span class=\"_ _9\"></span>m ser<span class=\"_ _a\"></span>vic<span class=\"_ _9\"></span>e cha<span class=\"_ _9\"></span>rge e<span class=\"_ _9\"></span>xp<span class=\"_ _9\"></span>en<span class=\"_ _9\"></span>se to s<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>v<span class=\"_ _9\"></span>ic<span class=\"_ _9\"></span>e cha<span class=\"_ _9\"></span>rge i<span class=\"_ _9\"></span>nco<span class=\"_ _9\"></span>me o<span class=\"_ _9\"></span>f <span class=\"ff2 ls83 ws87\">\u00a311m</span>. W<span class=\"_ _9\"></span>hil<span class=\"_ _9\"></span>e the c<span class=\"_ _9\"></span>omp<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>ati<span class=\"_ _9\"></span>ve<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span> </div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls43 ws1 gs1cb\">ha<span class=\"_ _9\"></span>ve no<span class=\"_ _9\"></span>t be<span class=\"_ _9\"></span>en r<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>ta<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d, the e<span class=\"_ _9\"></span>qui<span class=\"_ _9\"></span>val<span class=\"_ _9\"></span>ent r<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>la<span class=\"_ _9\"></span>ss<span class=\"_ _9\"></span>ifica<span class=\"_ _9\"></span>tio<span class=\"_ _9\"></span>n wo<span class=\"_ _9\"></span>uld h<span class=\"_ _9\"></span>ave b<span class=\"_ _9\"></span>e<span class=\"_ _9\"></span>en \u00a38m.<span class=\"_ _335\"> </span></div><div class=\"gs1e0\"><table class=\"s w115 hcb\" id=\"_e1eed59e-b654-4dae-8425-c0e99b2cc954\"><tr><td></td><td></td><td></td><td class=\"c n x23a y3302 w1c hb8\"><div class=\"t m9e x239 h15 y320f ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></div></td><td></td><td></td><td class=\"c n x23b y3302 w1d hb8\"><div class=\"t m9e x239 h15 y320f ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td></td><td class=\"t m9e x581 h15 y3303 ff2 fsd fc2 sc0 ls8d ws95\">Cap<span class=\"_ _9\"></span>ital </td><td></td><td></td><td class=\"t m9e x23d h15 y3303 ff3 fsd fc2 sc0 ls76 ws13e\">Capital </td><td></td></tr><tr><td></td><td class=\"t m9e x23e h15 y3304 ff2 fsd fc2 sc0 ls1 ws1\">EPRA </td><td class=\"t m9e x23f h15 y3304 ff2 fsd fc2 sc0 ls41 ws36\">and ot<span class=\"_ _2\"></span>her </td><td></td><td class=\"t m9e x240 h15 y3304 ff3 fsd fc2 sc0 ls101 ws18e\">EPR<span class=\"_ _9\"></span>A </td><td class=\"t m9e x241 h15 y3304 ff3 fsd fc2 sc0 ls41 ws36\">and other </td><td></td></tr><tr><td></td><td class=\"t m9e x242 h15 y3305 ff2 fsd fc2 sc0 ls78 ws7e\">earnings<span class=\"_ _335\"> </span></td><td class=\"t m9e x243 h15 y3305 ff2 fsd fc2 sc0 ls7b ws82\">items<span class=\"_ _335\"> </span></td><td class=\"t m9e x244 h15 y3305 ff2 fsd fc2 sc0 lsa4 wsb2\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td><td class=\"t m9e x245 h15 y3305 ff3 fsd fc2 sc0 ls76 ws13e\">earnings<span class=\"_ _335\"> </span></td><td class=\"t m9e x246 h15 y3305 ff3 fsd fc2 sc0 ls41 ws7c\">items<span class=\"_ _335\"> </span></td><td class=\"t m9e x247 h15 y3305 ff3 fsd fc2 sc0 lsa7 ws6c\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m9e x249 h15 y3306 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m9e x24a h15 y3306 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m9e x24b h15 y3306 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m9e x24c h15 y3306 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m9e x24d h15 y3306 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m9e x24e h15 y3306 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y3307 w116 hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Rents paya<span class=\"_ _2\"></span>ble<span class=\"_ _335\"> </span></div></td><td class=\"c n x5aa y3307 w2d hb9\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td><td class=\"c n x5ab y3307 w37 hb9\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5ac y3307 w21 hb9\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td><td class=\"c n x5ad y3307 w21 hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td><td class=\"c n x5ae y3307 w31 hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5af y3307 w21 hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y3308 w117 hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Ser<span class=\"_ _9\"></span>vice charge e<span class=\"_ _2\"></span>xpense</div><div class=\"t m9e x605 h16 y32a3 ff3 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x25e y3309 w20 hb9\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">194<span class=\"_ _335\"> </span></div></td><td class=\"c n x592 y3309 w47 hb9\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x593 y3309 w22 hb9\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">194<span class=\"_ _335\"> </span></div></td><td class=\"c n x594 y3309 w22 hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">164<span class=\"_ _335\"> </span></div></td><td class=\"c n x595 y3309 w4a hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x596 y3309 w23 hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">165<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y330a wc8 hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Direct proper<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y expenditure<span class=\"_ _335\"> </span></div></td><td class=\"c n x606 y330a w20 hb9\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">104<span class=\"_ _335\"> </span></div></td><td class=\"c n x607 y330a w47 hb9\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x608 y330a w23 hb9\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">104<span class=\"_ _335\"> </span></div></td><td class=\"c n x609 y330a w23 hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">103<span class=\"_ _335\"> </span></div></td><td class=\"c n x60a y330a w1f hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x60b y330a w22 hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">104<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y330b w118 hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Movement i<span class=\"_ _11\"></span>n bad and doubtful debts provision<span class=\"_ _335\"> </span></div></td><td class=\"c n x60c y330b w39 hb9\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td><td class=\"c n x60d y330b w47 hb9\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x60e y330b w8d hb9\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td><td class=\"c n x60f y330b w87 hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(9)<span class=\"_ _335\"> </span></div></td><td class=\"c n x610 y330b w31 hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x611 y330b w48 hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(9)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32db w119 hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls37 ws34\">Administra<span class=\"_ _9\"></span>tive expe<span class=\"_ _9\"></span>nses<span class=\"_ _335\"> </span></div></td><td class=\"c n x5aa y32db w2d hb9\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">61<span class=\"_ _335\"> </span></div></td><td class=\"c n x612 y32db w4a hb9\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x613 y32db w21 hb9\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">63<span class=\"_ _335\"> </span></div></td><td class=\"c n x411 y32db w21 hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">71<span class=\"_ _335\"> </span></div></td><td class=\"c n x614 y32db w31 hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x615 y32db w21 hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">71<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32dc w11a hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Impairment<span class=\"_ _2\"></span> of trad<span class=\"_ _2\"></span>ing properties<span class=\"_ _335\"> </span></div></td><td class=\"c n x600 y32dc w47 hb9\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x616 y32dc w1f hb9\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x617 y32dc w1f hb9\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x618 y32dc w31 hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x619 y32dc w1f hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n x61a y32dc w4a hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32dd w11b hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Cost of trading<span class=\"_ _11\"></span> proper<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y disposals<span class=\"_ _335\"> </span></div></td><td class=\"c n x52c y32dd w47 hb9\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x61b y32dd w21 hb9\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">31<span class=\"_ _335\"> </span></div></td><td class=\"c n x61c y32dd w21 hb9\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">31<span class=\"_ _335\"> </span></div></td><td class=\"c n x373 y32dd w31 hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x61d y32dd w34 hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td><td class=\"c n x61e y32dd w21 hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32df w11c hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Development cont<span class=\"_ _11\"></span>rac<span class=\"_ _9\"></span>t and transaction expendit<span class=\"_ _2\"></span>ure<span class=\"_ _335\"> </span></div></td><td class=\"c n x61f y32df w47 hb9\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x620 y32df w21 hb9\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">30<span class=\"_ _335\"> </span></div></td><td class=\"c n x621 y32df w21 hb9\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">30<span class=\"_ _335\"> </span></div></td><td class=\"c n x622 y32df w31 hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x623 y32df w21 hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td><td class=\"c n x624 y32df w21 hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e0 w11d hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Depreciation, i<span class=\"_ _11\"></span>ncluding amortisation of soft<span class=\"_ _9\"></span>ware<span class=\"_ _335\"> </span></div></td><td class=\"c n x625 y32e0 w25 hb9\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x626 y32e0 w1f hb9\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x627 y32e0 w1f hb9\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x628 y32e0 w1f hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x629 y32e0 w1f hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x62a y32e0 w1f hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e1 w11e hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Reversal o<span class=\"_ _9\"></span>f impa<span class=\"_ _9\"></span>irme<span class=\"_ _9\"></span>nt of amo<span class=\"_ _9\"></span>unts d<span class=\"_ _9\"></span>ue from j<span class=\"_ _9\"></span>oint ven<span class=\"_ _9\"></span>tures<span class=\"_ _335\"> </span></div></td><td class=\"c n x62b y32e1 w2f hb9\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x62c y32e1 w47 hb9\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x62d y32e1 w37 hb9\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x62e y32e1 w5c hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x62f y32e1 w48 hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n x630 y32e1 w48 hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e2 wd9 hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Impair<span class=\"_ _9\"></span>ment o<span class=\"_ _9\"></span>f goo<span class=\"_ _9\"></span>dw<span class=\"_ _9\"></span>ill<span class=\"_ _335\"> </span></div></td><td class=\"c n x631 y32e2 w47 hb9\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x632 y32e2 w47 hb9\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x633 y32e2 w47 hb9\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x634 y32e2 w31 hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x635 y32e2 w21 hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td><td class=\"c n x4a4 y32e2 w21 hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e3 w11f hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Fair value gain on re<span class=\"_ _9\"></span>me<span class=\"_ _9\"></span>asure<span class=\"_ _9\"></span>ment o<span class=\"_ _9\"></span>f inves<span class=\"_ _9\"></span>tmen<span class=\"_ _9\"></span>t<span class=\"_ _335\"> </span></div></td><td class=\"c n x636 y32e3 w47 hb9\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x637 y32e3 w39 hb9\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td><td class=\"c n x638 y32e3 w39 hb9\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td><td class=\"c n x53d y32e3 w5c hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x639 y32e3 w5c hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x63a y32e3 w31 hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e4 wca hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other operating expense<span class=\"_ _335\"> </span></div></td><td class=\"c n x63b y32e4 w21 hb9\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">23<span class=\"_ _335\"> </span></div></td><td class=\"c n x63c y32e4 w47 hb9\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x418 y32e4 w34 hb9\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">23<span class=\"_ _335\"> </span></div></td><td class=\"c n x63d y32e4 w1f hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">9<span class=\"_ _335\"> </span></div></td><td class=\"c n x63e y32e4 w5c hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x63f y32e4 w1f hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">9<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc wdb hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Restructuring, i<span class=\"_ _11\"></span>ntegration and other<span class=\"_ _2\"></span> costs<span class=\"_ _335\"> </span></div></td><td class=\"c n x640 y32cc w2f hb9\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x641 y32cc w34 hb9\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td><td class=\"c n x418 y32cc w34 hb9\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td><td class=\"c n x642 y32cc w5c hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x643 y32cc w4a hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n x644 y32cc w4a hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w120 hb9\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">T<span class=\"_ _11\"></span>otal cost<span class=\"_ _9\"></span>s pe<span class=\"_ _9\"></span>r the inco<span class=\"_ _9\"></span>me statem<span class=\"_ _9\"></span>ent<span class=\"_ _335\"> </span></div></td><td class=\"c n x645 y32cd w20 hb9\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">393<span class=\"_ _335\"> </span></div></td><td class=\"c n x646 y32cd w21 hb9\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">79<span class=\"_ _335\"> </span></div></td><td class=\"c n x647 y32cd w22 hb9\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">472<span class=\"_ _335\"> </span></div></td><td class=\"c n x648 y32cd w22 hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">352<span class=\"_ _335\"> </span></div></td><td class=\"c n x649 y32cd w21 hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">77<span class=\"_ _335\"> </span></div></td><td class=\"c n x64a y32cd w22 hb9\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">429<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m9e h9 ff3 fs6 fc2 sc0 ls29 ws28 gs1e1\">The follo<span class=\"_ _2\"></span>wing table<span class=\"_ _11\"></span> re<span class=\"_ _9\"></span>conciles costs per the income<span class=\"_ _2\"></span> statement to<span class=\"_ _2\"></span> the ind<span class=\"_ _2\"></span>ividual components of costs presented i<span class=\"_ _2\"></span>n note 4<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></div><div class=\"gs1e2\"><table class=\"s w121 hcc\" id=\"_00a428f0-2ae5-4a43-b8ab-3ea10d7ba8f1\"><tr><td></td><td></td><td></td><td class=\"t m9e x5be h15 y330c ff2 fsd fc2 sc0 ls1 ws1\">Adjustment </td><td class=\"c n x5bc y330d w1c hbc\"><div class=\"t m9e x239 h15 y3229 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></div></td><td></td><td></td><td class=\"t m9e x5bf h15 y330e ff3 fsd fc2 sc0 ls75 ws7a\">Adjustme<span class=\"_ _9\"></span>nt </td><td class=\"c n x5bd y330d w1d hbc\"><div class=\"t m9e x239 h15 y3229 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td></td><td></td><td class=\"t m9e x242 h15 y330f ff2 fsd fc2 sc0 ls8c ws17a\">for non<span class=\"_ _2\"></span>-<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td class=\"t m9e x5c0 h15 y3310 ff3 fsd fc2 sc0 ls41 ws36\">for non-<span class=\"_ _335\"> </span></td><td></td></tr><tr><td></td><td></td><td class=\"t m9e x5c1 h15 y3311 ff2 fsd fc2 sc0 ls1 ws1\">Joint </td><td class=\"t m9e x5c2 h15 y3312 ff2 fsd fc2 sc0 ls41 ws36\">wholly o<span class=\"_ _11\"></span>wned </td><td></td><td></td><td class=\"t m9e x240 h15 y3312 ff3 fsd fc2 sc0 lsa6 ws96\">Joint<span class=\"ls1 ws1\"> </span></td><td class=\"t m9e x5c3 h15 y3313 ff3 fsd fc2 sc0 ls75 ws164\">wholl<span class=\"_ _9\"></span>y owned </td><td></td></tr><tr><td></td><td class=\"t m9e x5c4 h15 y3314 ff2 fsd fc2 sc0 ls76 ws13e\">Group<span class=\"_ _335\"> </span></td><td class=\"t m9e x5c5 h15 y3314 ff2 fsd fc2 sc0 ls3a ws37\">ventur<span class=\"_ _9\"></span>es<span class=\"_ _335\"> </span></td><td class=\"t m9e x5be h15 y3315 ff2 fsd fc2 sc0 ls78 ws7e\">subsidiaries<span class=\"_ _335\"> </span></td><td class=\"t m9e x5c6 h15 y3315 ff2 fsd fc2 sc0 lsa4 wsb2\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td><td class=\"t m9e x5c7 h15 y3315 ff3 fsd fc2 sc0 ls76 ws13e\">Group</td><td class=\"t m9e x55c h15 y3315 ff3 fsd fc2 sc0 ls113 ws56\"> ventures<span class=\"_ _335\"> </span></td><td class=\"t m9e x5bf h15 y3316 ff3 fsd fc2 sc0 ls76 ws13e\">subsidiaries<span class=\"_ _335\"> </span></td><td class=\"t m9e x247 h15 y3316 ff3 fsd fc2 sc0 lsa7 ws6c\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m9e x5c8 h15 y3317 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m9e x343 h15 y3317 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m9e x249 h15 y3318 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m9e x24a h15 y3318 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m9e x24b h15 y3318 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m9e x24c h15 y3318 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m9e x24d h15 y3319 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m9e x24e h15 y3319 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y331a w116 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Rents paya<span class=\"_ _2\"></span>ble<span class=\"_ _335\"> </span></div></td><td class=\"c n x64b y331a w2d hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td><td class=\"c n x64c y331a w1f hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x64d y331a w47 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x64e y331a w21 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">12<span class=\"_ _335\"> </span></div></td><td class=\"c n x64f y331a w21 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td><td class=\"c n x650 y331a w1f hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x651 y331a w31 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x652 y331a w21 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">12<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y331b w117 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Ser<span class=\"_ _9\"></span>vice charge e<span class=\"_ _2\"></span>xpense</div><div class=\"t m9e x605 h16 y32a9 ff3 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x5cf y331b w20 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">194<span class=\"_ _335\"> </span></div></td><td class=\"c n x5d0 y331b w21 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">13<span class=\"_ _335\"> </span></div></td><td class=\"c n x5f0 y331b w39 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n x5f1 y331b w23 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">206<span class=\"_ _335\"> </span></div></td><td class=\"c n x5f2 y331b w23 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">165<span class=\"_ _335\"> </span></div></td><td class=\"c n x5f3 y331b w34 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">12<span class=\"_ _335\"> </span></div></td><td class=\"c n x5f4 y331b w48 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n x5f5 y331b w23 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">176<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y331c wc8 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Direct proper<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y expenditure<span class=\"_ _335\"> </span></div></td><td class=\"c n x653 y331c w20 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">104<span class=\"_ _335\"> </span></div></td><td class=\"c n x285 y331c w25 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n x396 y331c w2f hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x654 y331c w22 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">111<span class=\"_ _335\"> </span></div></td><td class=\"c n x655 y331c w23 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">104<span class=\"_ _335\"> </span></div></td><td class=\"c n x656 y331c w1f hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td><td class=\"c n x657 y331c w122 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n x658 y331c w23 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">109<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y331d w119 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls37 ws34\">Administra<span class=\"_ _9\"></span>tive expe<span class=\"_ _9\"></span>nses<span class=\"_ _335\"> </span></div></td><td class=\"c n x659 y331d w21 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">61<span class=\"_ _335\"> </span></div></td><td class=\"c n x65a y331d w47 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x65b y331d w47 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x65c y331d w21 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">61<span class=\"_ _335\"> </span></div></td><td class=\"c n x65d y331d w21 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">71<span class=\"_ _335\"> </span></div></td><td class=\"c n x65e y331d w31 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x65f y331d w31 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x660 y331d w21 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">71<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m9e x297 h9 y331e ff3 fs6 fc2 sc0 ls29 ws28\">Depreciation, i<span class=\"_ _11\"></span>ncluding amortisation </td><td class=\"c n x661 y331f w25 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x662 y331f w47 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x663 y331f w47 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x664 y331f w4a hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x665 y331f w4a hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x666 y331f w31 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x667 y331f w31 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x668 y331f w1f hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m9e x297 h9 y3320 ff3 fs6 fc2 sc0 ls22 ws21\">of<span class=\"_ gsd2\"> </span>sof<span class=\"_ _a\"></span>tware<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m9e x297 h9 y3321 ff3 fs6 fc2 sc0 ls29 ws28\">Movement i<span class=\"_ _11\"></span>n bad and doubtful </td><td class=\"c n x669 y3322 w39 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td><td class=\"c n x66a y3322 w47 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x66b y3322 w47 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x66c y3322 w8d hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td><td class=\"c n x66d y3322 w87 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(9)<span class=\"_ _335\"> </span></div></td><td class=\"c n x66e y3322 w48 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td><td class=\"c n x66f y3322 w31 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x670 y3322 w2a hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(11)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m9e x297 h9 y3323 ff3 fs6 fc2 sc0 ls29 ws48\">debts<span class=\"_ gsd2\"> </span>provision<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y3324 wca hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other operating expense<span class=\"_ _335\"> </span></div></td><td class=\"c n x671 y3324 w2d hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">23<span class=\"_ _335\"> </span></div></td><td class=\"c n x672 y3324 w47 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x673 y3324 w47 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x674 y3324 w21 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">23<span class=\"_ _335\"> </span></div></td><td class=\"c n x675 y3324 w1f hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">9<span class=\"_ _335\"> </span></div></td><td class=\"c n x676 y3324 w31 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x677 y3324 w5c hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x678 y3324 w4a hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">9<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3325 w123 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Cost<span class=\"_ _9\"></span>s in the se<span class=\"_ _9\"></span>gme<span class=\"_ _9\"></span>ntal information no<span class=\"_ _9\"></span>te</div></td><td class=\"c n x679 y3325 w20 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">393<span class=\"_ _335\"> </span></div></td><td class=\"c n x67a y3325 w21 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">21<span class=\"_ _335\"> </span></div></td><td class=\"c n x67b y3325 w39 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n x67c y3325 w23 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">413<span class=\"_ _335\"> </span></div></td><td class=\"c n x67d y3325 w22 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">354<span class=\"_ _335\"> </span></div></td><td class=\"c n x67e y3325 w21 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">17<span class=\"_ _335\"> </span></div></td><td class=\"c n x374 y3325 w48 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td><td class=\"c n x67f y3325 w22 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">369<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3326 w11a hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Impairment<span class=\"_ _2\"></span> of trad<span class=\"_ _2\"></span>ing properties<span class=\"_ _335\"> </span></div></td><td class=\"c n x680 y3326 w1f hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x681 y3326 w47 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x682 y3326 w47 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x683 y3326 w4a hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x684 y3326 w4a hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n x685 y3326 w31 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x686 y3326 w31 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x687 y3326 w4a hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3327 w11b hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Cost of trading<span class=\"_ _11\"></span> proper<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y disposals<span class=\"_ _335\"> </span></div></td><td class=\"c n x688 y3327 w2d hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">31<span class=\"_ _335\"> </span></div></td><td class=\"c n x689 y3327 w2f hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x68a y3327 w47 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x68b y3327 w21 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">31<span class=\"_ _335\"> </span></div></td><td class=\"c n x5ac y3327 w21 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td><td class=\"c n x68c y3327 w31 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x68d y3327 w31 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x57a y3327 w21 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3328 w119 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls37 ws34\">Administra<span class=\"_ _9\"></span>tive expe<span class=\"_ _9\"></span>nses<span class=\"_ _335\"> </span></div></td><td class=\"c n x68e y3328 w25 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x68f y3328 w2f hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x690 y3328 w47 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x691 y3328 w1f hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x692 y3328 w31 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x693 y3328 w31 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x694 y3328 w31 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x695 y3328 w5c hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m9e x297 h9 y3329 ff3 fs6 fc2 sc0 ls29 ws28\">Development cont<span class=\"_ _11\"></span>rac<span class=\"_ _9\"></span>t and transaction </td><td class=\"c n x696 y332a w21 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">30<span class=\"_ _335\"> </span></div></td><td class=\"c n x697 y332a w2f hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x698 y332a w47 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x699 y332a w21 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">30<span class=\"_ _335\"> </span></div></td><td class=\"c n x69a y332a w21 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td><td class=\"c n x69b y332a w1f hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x69c y332a w31 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x69d y332a w34 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">16<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m9e x297 h9 y332b ff3 fs6 fc2 sc0 ls37 ws50\">expen<span class=\"_ _9\"></span>diture<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y332c wce hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws48\">Depreciation<span class=\"_ _335\"> </span></div></td><td class=\"c n x69e y332c w1f hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x69f y332c w47 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x532 y332c w47 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6a0 y332c w4a hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x6a1 y332c w4a hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x6a2 y332c w31 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6a3 y332c w31 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6a4 y332c w1f hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m9e x297 h9 y332d ff3 fs6 fc2 sc0 ls22 ws1\">Reversal o<span class=\"_ _9\"></span>f impa<span class=\"_ _9\"></span>irme<span class=\"_ _9\"></span>nt of amo<span class=\"_ _9\"></span>unts<span class=\"_ _9\"></span> </td><td class=\"c n x5f6 y332e w47 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5f7 y332e w47 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5f8 y332e w2f hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5f9 y332e w47 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6a5 y332e w48 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6a6 y332e w5c hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6a7 y332e w31 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6a8 y332e w48 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m9e x297 h9 y332f ff3 fs6 fc2 sc0 ls22 ws1\">due<span class=\"_ gsd2\"> </span>fro<span class=\"_ _9\"></span>m joint ve<span class=\"_ _9\"></span>ntures<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m9e x297 h9 y3330 ff3 fs6 fc2 sc0 ls29 ws28\">Fa<span class=\"_ _2\"></span>ir va<span class=\"_ _11\"></span>lue gain on remeasurement </td><td class=\"c n x669 y3331 w39 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td><td class=\"c n x66a y3331 w47 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x66b y3331 w47 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x66c y3331 w8d hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6a9 y3331 w31 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6aa y3331 w5c hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6ab y3331 w5c hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6ac y3331 w31 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m9e x297 h9 y3332 ff3 fs6 fc2 sc0 ls22 ws21\">of<span class=\"_ gsd2\"> </span>inves<span class=\"_ _9\"></span>tme<span class=\"_ _9\"></span>nt<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y3333 wd9 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Impair<span class=\"_ _9\"></span>ment o<span class=\"_ _9\"></span>f goo<span class=\"_ _9\"></span>dw<span class=\"_ _9\"></span>ill<span class=\"_ _335\"> </span></div></td><td class=\"c n x6ad y3333 w2f hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6ae y3333 w47 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6af y3333 w47 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6b0 y3333 w47 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x599 y3333 w34 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td><td class=\"c n x53d y3333 w5c hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x639 y3333 w5c hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6b1 y3333 w21 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3334 wdb hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Restructuring, i<span class=\"_ _11\"></span>ntegration and other<span class=\"_ _2\"></span> costs<span class=\"_ _335\"> </span></div></td><td class=\"c n x6b2 y3334 w21 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td><td class=\"c n x6b3 y3334 w47 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6b4 y3334 w2f hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6b5 y3334 w34 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td><td class=\"c n x6b6 y3334 w1f hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n x6b7 y3334 w5c hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x610 y3334 w31 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6b8 y3334 w1f hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w124 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">Costs incl<span class=\"_ _2\"></span>uding Ca<span class=\"_ _2\"></span>pita<span class=\"_ _2\"></span>l and<span class=\"_ _2\"></span> other i<span class=\"_ _11\"></span>tems<span class=\"_ _335\"> </span></div></td><td class=\"c n x6b9 y32cd w20 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">472<span class=\"_ _335\"> </span></div></td><td class=\"c n x6ba y32cd w2d hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">21<span class=\"_ _335\"> </span></div></td><td class=\"c n x6bb y32cd wc4 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6bc y32cd w22 hba\"><div class=\"t m9e x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">492<span class=\"_ _335\"> </span></div></td><td class=\"c n x6bd y32cd w22 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">429<span class=\"_ _335\"> </span></div></td><td class=\"c n x6be y32cd w21 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">19<span class=\"_ _335\"> </span></div></td><td class=\"c n x6bf y32cd w48 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c0 y32cd w23 hba\"><div class=\"t m9e x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">446<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m9e h4 ff3 fs2 fc2 sc0 ls43 ws1 gs1e3\">1. <span class=\"_ _a\"></span>Curre<span class=\"_ _9\"></span>nt ye<span class=\"_ _9\"></span>ar b<span class=\"_ _9\"></span>ala<span class=\"_ _9\"></span>nce<span class=\"_ _9\"></span>s re<span class=\"_ _9\"></span>flec<span class=\"_ _a\"></span>t a recl<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>sifi<span class=\"_ _9\"></span>ca<span class=\"_ _9\"></span>tio<span class=\"_ _9\"></span>n of se<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>v<span class=\"_ _9\"></span>ice c<span class=\"_ _9\"></span>ha<span class=\"_ _9\"></span>rge m<span class=\"_ _9\"></span>ana<span class=\"_ _9\"></span>ge<span class=\"_ _9\"></span>me<span class=\"_ _9\"></span>nt fe<span class=\"_ _9\"></span>e<span class=\"_ _9\"></span>s fro<span class=\"_ _9\"></span>m ser<span class=\"_ _a\"></span>vic<span class=\"_ _9\"></span>e cha<span class=\"_ _9\"></span>rge e<span class=\"_ _9\"></span>xp<span class=\"_ _9\"></span>en<span class=\"_ _9\"></span>se to s<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>v<span class=\"_ _9\"></span>ic<span class=\"_ _9\"></span>e cha<span class=\"_ _9\"></span>rge i<span class=\"_ _9\"></span>nco<span class=\"_ _9\"></span>me o<span class=\"_ _9\"></span>f <span class=\"ff2 ls83 ws87\">\u00a311m</span>. W<span class=\"_ _9\"></span>hil<span class=\"_ _9\"></span>e the c<span class=\"_ _9\"></span>omp<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>ati<span class=\"_ _9\"></span>ve<span class=\"_ _9\"></span>s </div><div class=\"t m9e h4 ff3 fs2 fc2 sc0 ls43 ws1 gs1e4\">ha<span class=\"_ _9\"></span>ve no<span class=\"_ _9\"></span>t be<span class=\"_ _9\"></span>en r<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>ta<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d, the e<span class=\"_ _9\"></span>qui<span class=\"_ _9\"></span>val<span class=\"_ _9\"></span>ent r<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>la<span class=\"_ _9\"></span>ss<span class=\"_ _9\"></span>ifica<span class=\"_ _9\"></span>tio<span class=\"_ _9\"></span>n wo<span class=\"_ _9\"></span>uld h<span class=\"_ _9\"></span>ave b<span class=\"_ _9\"></span>e<span class=\"_ _9\"></span>en \u00a38m.</div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfRevenueExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-401": {
   "value": "6<span class=\"_ _1c0\"> </span><span class=\"fc4 ls15d ws197\">REVENUE<span class=\"_ _335\"> </span></span>A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Rental inco<span class=\"_ _9\"></span>me, inclu<span class=\"_ _9\"></span>ding fixe<span class=\"_ _9\"></span>d rental up<span class=\"_ _9\"></span>lif<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s, is rec<span class=\"_ _9\"></span>ogni<span class=\"_ _9\"></span>sed in th<span class=\"_ _9\"></span>e inco<span class=\"_ _9\"></span>me s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent o<span class=\"_ _9\"></span>n a s<span class=\"_ _9\"></span>traight-line b<span class=\"_ _9\"></span>asis over th<span class=\"_ _9\"></span>e term of th<span class=\"_ _9\"></span>e le<span class=\"_ _9\"></span>ase. Leas<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span>incen<span class=\"_ _9\"></span>tives b<span class=\"_ _9\"></span>ein<span class=\"_ _9\"></span>g offere<span class=\"_ _9\"></span>d to occu<span class=\"_ _9\"></span>pier<span class=\"_ _9\"></span>s to ente<span class=\"_ _9\"></span>r into a lea<span class=\"_ _9\"></span>se, such as a<span class=\"_ _9\"></span>n initial r<span class=\"_ _9\"></span>ent-free p<span class=\"_ _9\"></span>erio<span class=\"_ _9\"></span>d or a cas<span class=\"_ _9\"></span>h contr<span class=\"_ _9\"></span>ibuti<span class=\"_ _9\"></span>on to fit ou<span class=\"_ _9\"></span>t or simi<span class=\"_ _9\"></span>lar cos<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s,<span class=\"_ _335\"> </span>are an inte<span class=\"_ _9\"></span>gral par<span class=\"_ _a\"></span>t of the ne<span class=\"_ _9\"></span>t con<span class=\"_ _9\"></span>side<span class=\"_ _9\"></span>ratio<span class=\"_ _9\"></span>n for the u<span class=\"_ _9\"></span>se of th<span class=\"_ _9\"></span>e prop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y an<span class=\"_ _9\"></span>d are the<span class=\"_ _9\"></span>refo<span class=\"_ _9\"></span>re rec<span class=\"_ _9\"></span>ogni<span class=\"_ _9\"></span>sed o<span class=\"_ _9\"></span>n the sam<span class=\"_ _9\"></span>e s<span class=\"_ _9\"></span>traight-line b<span class=\"_ _9\"></span>asis. Whe<span class=\"_ _9\"></span>re<span class=\"_ _335\"> </span>the tot<span class=\"_ _2\"></span>al consider<span class=\"_ _2\"></span>ation due u<span class=\"_ _2\"></span>nder a lease is<span class=\"_ _11\"></span> m<span class=\"_ _9\"></span>odified<span class=\"_ _2\"></span>, for ex<span class=\"_ _11\"></span>ample, where a<span class=\"_ _2\"></span> concession is gra<span class=\"_ _11\"></span>nted to a tena<span class=\"_ _2\"></span>nt prior<span class=\"_ _2\"></span> to the<span class=\"_ _2\"></span> date the<span class=\"_ _2\"></span> conceded<span class=\"_ _335\"> </span>rent fall<span class=\"_ _9\"></span>s due, the rev<span class=\"_ _9\"></span>ise<span class=\"_ _9\"></span>d total am<span class=\"_ _9\"></span>ount du<span class=\"_ _9\"></span>e unde<span class=\"_ _9\"></span>r the le<span class=\"_ _9\"></span>ase is r<span class=\"_ _9\"></span>eco<span class=\"_ _9\"></span>gnis<span class=\"_ _9\"></span>ed on a s<span class=\"_ _9\"></span>trai<span class=\"_ _9\"></span>ght-line bas<span class=\"_ _9\"></span>is over the r<span class=\"_ _9\"></span>emaini<span class=\"_ _9\"></span>ng term o<span class=\"_ _9\"></span>f the le<span class=\"_ _9\"></span>ase.<span class=\"_ _335\"> </span>Contingent<span class=\"_ _2\"></span> rents, being<span class=\"_ _2\"></span> lease payments that are not<span class=\"_ _2\"></span> fixed at t<span class=\"_ _2\"></span>he inception<span class=\"_ _2\"></span> of a lease<span class=\"_ _11\"></span>, for example t<span class=\"_ _11\"></span>urnover rents as<span class=\"_ _2\"></span> well as<span class=\"_ _2\"></span> surrender<span class=\"_ _2\"></span> premiums<span class=\"_ _335\"> </span>net o<span class=\"_ _9\"></span>f dilapi<span class=\"_ _9\"></span>dati<span class=\"_ _9\"></span>ons, are c<span class=\"_ _9\"></span>onsid<span class=\"_ _9\"></span>ere<span class=\"_ _9\"></span>d as variab<span class=\"_ _9\"></span>le co<span class=\"_ _9\"></span>nsid<span class=\"_ _9\"></span>erati<span class=\"_ _9\"></span>on and ar<span class=\"_ _9\"></span>e reco<span class=\"_ _9\"></span>rde<span class=\"_ _9\"></span>d as inc<span class=\"_ _9\"></span>ome in th<span class=\"_ _9\"></span>e year in w<span class=\"_ _9\"></span>hich th<span class=\"_ _9\"></span>ey are earn<span class=\"_ _9\"></span>ed. Whe<span class=\"_ _9\"></span>re a singl<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span>payment is received from<span class=\"_ _11\"></span> a tenant to<span class=\"_ _2\"></span> cover both<span class=\"_ _2\"></span> rent and<span class=\"_ _2\"></span> serv<span class=\"_ _9\"></span>ice charge<span class=\"_ _11\"></span>, the serv<span class=\"_ _9\"></span>ice charge<span class=\"_ _2\"></span> component is separat<span class=\"_ _2\"></span>ed and reported as service<span class=\"_ _335\"> </span>charge inc<span class=\"_ _2\"></span>ome.<span class=\"_ _335\"> </span>The Group<span class=\"_ _2\"></span>\u2019<span class=\"_ _11\"></span>s reven<span class=\"_ _11\"></span>ue from contracts with customers, as de<span class=\"_ _2\"></span>fined in I<span class=\"_ _11\"></span>FRS 15<span class=\"_ _2\"></span>, includes service charge i<span class=\"_ _2\"></span>ncome,<span class=\"_ _2\"></span> other propert<span class=\"_ _9\"></span>y related income<span class=\"_ _11\"></span>,<span class=\"_ _335\"> </span>trading<span class=\"_ _11\"></span> proper<span class=\"_ _a\"></span>ty sales proceeds, de<span class=\"_ _11\"></span>velopment contract income and other<span class=\"_ _2\"></span> income<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>Ser<span class=\"_ _9\"></span>vice charge i<span class=\"_ _2\"></span>ncome and management<span class=\"_ _11\"></span> fe<span class=\"_ _9\"></span>es are recorded<span class=\"_ _2\"></span> as income o<span class=\"_ _2\"></span>ver ti<span class=\"_ _11\"></span>m<span class=\"_ _9\"></span>e in t<span class=\"_ _2\"></span>he year i<span class=\"_ _11\"></span>n which the services are rendered<span class=\"_ _2\"></span>. Re<span class=\"_ _2\"></span>venue is<span class=\"_ _335\"> </span>recognised over<span class=\"_ _11\"></span> time because the tena<span class=\"_ _2\"></span>nts benefit from<span class=\"_ _2\"></span> the services as soon as the<span class=\"_ _2\"></span>y are r<span class=\"_ _2\"></span>endered by t<span class=\"_ _2\"></span>he Group<span class=\"_ _11\"></span>. The actual service provided<span class=\"_ _335\"> </span>during e<span class=\"_ _9\"></span>ach r<span class=\"_ _9\"></span>epo<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>ting p<span class=\"_ _9\"></span>erio<span class=\"_ _9\"></span>d is d<span class=\"_ _9\"></span>eterm<span class=\"_ _9\"></span>ine<span class=\"_ _9\"></span>d using c<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>t incurr<span class=\"_ _9\"></span>ed as th<span class=\"_ _9\"></span>e inpu<span class=\"_ _9\"></span>t me<span class=\"_ _9\"></span>thod.<span class=\"_ _335\"> </span>Other proper<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y related inc<span class=\"_ _2\"></span>ome includes de<span class=\"_ _2\"></span>velopment and<span class=\"_ _2\"></span> asset management fees<span class=\"_ _2\"></span>. These fees are<span class=\"_ _11\"></span> re<span class=\"_ _9\"></span>cognised ov<span class=\"_ _2\"></span>er time<span class=\"_ _11\"></span>, using time<span class=\"_ _2\"></span> elapsed<span class=\"_ _335\"> </span>as the inp<span class=\"_ _9\"></span>ut me<span class=\"_ _9\"></span>tho<span class=\"_ _9\"></span>d whi<span class=\"_ _9\"></span>ch me<span class=\"_ _9\"></span>asure<span class=\"_ _9\"></span>s the b<span class=\"_ _9\"></span>enefi<span class=\"_ _9\"></span>t simultan<span class=\"_ _9\"></span>eo<span class=\"_ _9\"></span>usly r<span class=\"_ _9\"></span>ece<span class=\"_ _9\"></span>ived an<span class=\"_ _9\"></span>d con<span class=\"_ _9\"></span>sume<span class=\"_ _9\"></span>d by the cus<span class=\"_ _9\"></span>tom<span class=\"_ _9\"></span>er<span class=\"_ _11\"></span>, over th<span class=\"_ _9\"></span>e per<span class=\"_ _9\"></span>iod th<span class=\"_ _9\"></span>e devel<span class=\"_ _9\"></span>opm<span class=\"_ _9\"></span>ent<span class=\"_ _335\"> </span>or asset management services are provided<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>Proce<span class=\"_ _9\"></span>ed<span class=\"_ _9\"></span>s rec<span class=\"_ _9\"></span>eive<span class=\"_ _9\"></span>d on the s<span class=\"_ _9\"></span>ale of tra<span class=\"_ _9\"></span>ding pro<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s are re<span class=\"_ _9\"></span>cogni<span class=\"_ _9\"></span>sed w<span class=\"_ _9\"></span>he<span class=\"_ _9\"></span>n contro<span class=\"_ _9\"></span>l of the p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y tran<span class=\"_ _9\"></span>sfe<span class=\"_ _9\"></span>rs to th<span class=\"_ _9\"></span>e buye<span class=\"_ _9\"></span>r<span class=\"_ _11\"></span>, i.<span class=\"_ _11\"></span>e. the buye<span class=\"_ _9\"></span>r has th<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span>abilit<span class=\"_ _9\"></span>y to dir<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>t th<span class=\"_ _9\"></span>e use of t<span class=\"_ _9\"></span>he pro<span class=\"_ _9\"></span>per<span class=\"_ _a\"></span>ty an<span class=\"_ _9\"></span>d the righ<span class=\"_ _9\"></span>t to the cas<span class=\"_ _9\"></span>h inflows and o<span class=\"_ _9\"></span>ut<span class=\"_ _9\"></span>flows ge<span class=\"_ _9\"></span>nera<span class=\"_ _9\"></span>ted by i<span class=\"_ _9\"></span>t. This gene<span class=\"_ _9\"></span>rally o<span class=\"_ _9\"></span>ccur<span class=\"_ _9\"></span>s on unc<span class=\"_ _9\"></span>ondi<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>al<span class=\"_ _335\"> </span>exchange<span class=\"_ _11\"></span> or on completion.<span class=\"_ _2\"></span> If completion<span class=\"_ _11\"></span> is expec<span class=\"_ _9\"></span>ted to occur si<span class=\"_ _2\"></span>gnifi<span class=\"_ _2\"></span>cantly after ex<span class=\"_ _11\"></span>change or if the Grou<span class=\"_ _11\"></span>p has signific<span class=\"_ _2\"></span>ant outstanding<span class=\"_ _335\"> </span>obligations between exchange<span class=\"_ _2\"></span> and completion<span class=\"_ _11\"></span>, the Group assesses whether there<span class=\"_ _2\"></span> are mu<span class=\"_ _2\"></span>ltiple performance obligations<span class=\"_ _2\"></span> in the<span class=\"_ _2\"></span> contract<span class=\"_ _335\"> </span>and recognises r<span class=\"_ _2\"></span>evenue<span class=\"_ _2\"></span> as each performance obligation<span class=\"_ _2\"></span> is satisfied<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>When propert<span class=\"_ _9\"></span>y is let under a<span class=\"_ _2\"></span> finance lease<span class=\"_ _11\"></span>, the Group recogni<span class=\"_ _2\"></span>ses a receivable<span class=\"_ _2\"></span> equal to<span class=\"_ _2\"></span> the net in<span class=\"_ _11\"></span>ves<span class=\"_ _9\"></span>tment in<span class=\"_ _2\"></span> the lease at i<span class=\"_ _2\"></span>nception of t<span class=\"_ _2\"></span>he lease<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>Rent<span class=\"_ _2\"></span>als received a<span class=\"_ _2\"></span>re account<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>d for as<span class=\"_ _2\"></span> repayments of principal<span class=\"_ _2\"></span> and fina<span class=\"_ _2\"></span>nce income as<span class=\"_ _11\"></span> appropriate.<span class=\"_ _11\"></span> Finance income is al<span class=\"_ _11\"></span>lo<span class=\"_ _9\"></span>cated to each<span class=\"_ _2\"></span> period<span class=\"_ _335\"> </span>during th<span class=\"_ _9\"></span>e lea<span class=\"_ _9\"></span>se term s<span class=\"_ _9\"></span>o as to pro<span class=\"_ _9\"></span>duc<span class=\"_ _9\"></span>e a cons<span class=\"_ _9\"></span>tant p<span class=\"_ _9\"></span>eri<span class=\"_ _9\"></span>odic ra<span class=\"_ _9\"></span>te of inte<span class=\"_ _9\"></span>res<span class=\"_ _9\"></span>t on th<span class=\"_ _9\"></span>e rem<span class=\"_ _9\"></span>aining ne<span class=\"_ _9\"></span>t inves<span class=\"_ _9\"></span>tme<span class=\"_ _9\"></span>nt in the fin<span class=\"_ _9\"></span>ance l<span class=\"_ _9\"></span>eas<span class=\"_ _9\"></span>e and is re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>gnise<span class=\"_ _9\"></span>d<span class=\"_ _335\"> </span>withi<span class=\"_ _9\"></span>n revenue.<span class=\"_ _335\"> </span>Revenue on d<span class=\"_ _9\"></span>evelop<span class=\"_ _9\"></span>men<span class=\"_ _9\"></span>t contra<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ts i<span class=\"_ _9\"></span>s rec<span class=\"_ _9\"></span>ogni<span class=\"_ _9\"></span>sed ove<span class=\"_ _9\"></span>r time over th<span class=\"_ _9\"></span>e per<span class=\"_ _9\"></span>iod o<span class=\"_ _9\"></span>f the co<span class=\"_ _9\"></span>ntrac<span class=\"_ _9\"></span>t a<span class=\"_ _9\"></span>s the Gro<span class=\"_ _9\"></span>up cre<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>s or enh<span class=\"_ _9\"></span>ance<span class=\"_ _9\"></span>s an ass<span class=\"_ _9\"></span>et th<span class=\"_ _9\"></span>at the<span class=\"_ _335\"> </span>customer controls<span class=\"_ _11\"></span>. Progress to<span class=\"_ _2\"></span>wards<span class=\"_ _2\"></span> completion of t<span class=\"_ _2\"></span>he development<span class=\"_ _11\"></span>, by reference t<span class=\"_ _11\"></span>o the value<span class=\"_ _2\"></span> of work c<span class=\"_ _2\"></span>ompleted using t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>e costs incurred t<span class=\"_ _2\"></span>o<span class=\"_ _335\"> </span>date as a p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>on of to<span class=\"_ _9\"></span>tal cos<span class=\"_ _9\"></span>ts ex<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ted to b<span class=\"_ _9\"></span>e incur<span class=\"_ _9\"></span>red ove<span class=\"_ _9\"></span>r the term o<span class=\"_ _9\"></span>f the co<span class=\"_ _9\"></span>ntrac<span class=\"_ _9\"></span>t i<span class=\"_ _9\"></span>s use<span class=\"_ _9\"></span>d as the inp<span class=\"_ _9\"></span>ut m<span class=\"_ _9\"></span>etho<span class=\"_ _9\"></span>d.<span class=\"_ _335\"> </span>Other income includes t<span class=\"_ _2\"></span>urnov<span class=\"_ _2\"></span>er generated fr<span class=\"_ _2\"></span>om the pr<span class=\"_ _2\"></span>ovision of<span class=\"_ _2\"></span> equipment,<span class=\"_ _11\"></span> facilities and services to customers throug<span class=\"_ _11\"></span>h the Group\u2019<span class=\"_ _1\"></span>s s<span class=\"_ _9\"></span>tudio<span class=\"_ _335\"> </span>and hotel operat<span class=\"_ _2\"></span>ions.<span class=\"_ _11\"></span> Revenue is<span class=\"_ _2\"></span> recognised ov<span class=\"_ _2\"></span>er time<span class=\"_ _2\"></span> as customers obtain<span class=\"_ _11\"></span> control of the pr<span class=\"_ _2\"></span>omised goods or services, typically upon delivery<span class=\"_ _335\"> </span>or as services are rendered<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>S<span class=\"_ _87\"> </span><span class=\"fc2 lsd0 wsa4\">SIGNIFICANT<span class=\"_ _11\"></span> ACCOUNTING<span class=\"_ _11\"></span> JU<span class=\"_ _9\"></span>DGEMENT<span class=\"_ _335\"> </span></span>For those pr<span class=\"_ _9\"></span>ope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s whe<span class=\"_ _9\"></span>re the p<span class=\"_ _9\"></span>rope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y ma<span class=\"_ _9\"></span>nage<span class=\"_ _9\"></span>men<span class=\"_ _9\"></span>t ac<span class=\"_ _9\"></span>tiv<span class=\"_ _9\"></span>itie<span class=\"_ _9\"></span>s are p<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>fo<span class=\"_ _9\"></span>rme<span class=\"_ _9\"></span>d by a third par<span class=\"_ _a\"></span>ty<span class=\"_ _11\"></span>, th<span class=\"_ _9\"></span>e Grou<span class=\"_ _9\"></span>p consi<span class=\"_ _9\"></span>der<span class=\"_ _9\"></span>s the third p<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y to b<span class=\"_ _9\"></span>e the<span class=\"_ _335\"> </span>principal<span class=\"_ _2\"></span> delivering<span class=\"_ _2\"></span> the service. The<span class=\"_ _11\"></span> key factors considered b<span class=\"_ _2\"></span>y the Grou<span class=\"_ _11\"></span>p when making this j<span class=\"_ _2\"></span>udgement include<span class=\"_ _2\"></span> the follo<span class=\"_ _11\"></span>w<span class=\"_ _9\"></span>ing responsibi<span class=\"_ _2\"></span>lities of<span class=\"_ _335\"> </span>the third p<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y:<span class=\"_ _335\"> </span>\u2022<span class=\"_ _335\"> </span>selec<span class=\"_ _9\"></span>ting su<span class=\"_ _2\"></span>ppliers and ens<span class=\"_ _11\"></span>uring all services are delivered<span class=\"_ _335\"> </span>\u2022<span class=\"_ _335\"> </span>establishing pr<span class=\"_ _2\"></span>ices and seeking<span class=\"_ _2\"></span> efficiencies<span class=\"_ _335\"> </span>\u2022<span class=\"_ _335\"> </span>risk management<span class=\"_ _2\"></span> and complia<span class=\"_ _2\"></span>nce<span class=\"_ _335\"> </span>In addi<span class=\"_ _9\"></span>tion, the re<span class=\"_ _9\"></span>sidu<span class=\"_ _9\"></span>al right<span class=\"_ _9\"></span>s re<span class=\"_ _9\"></span>siding w<span class=\"_ _9\"></span>ith th<span class=\"_ _9\"></span>e Group a<span class=\"_ _9\"></span>re gen<span class=\"_ _9\"></span>erall<span class=\"_ _9\"></span>y pro<span class=\"_ _9\"></span>tec<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>ve in natur<span class=\"_ _9\"></span>e.<span class=\"_ _335\"> </span>All revenu<span class=\"_ _9\"></span>e is cl<span class=\"_ _9\"></span>assifie<span class=\"_ _9\"></span>d wi<span class=\"_ _9\"></span>thin the \u2018EPR<span class=\"_ _9\"></span>A e<span class=\"_ _9\"></span>arning<span class=\"_ _9\"></span>s\u2019 column o<span class=\"_ _9\"></span>f the inc<span class=\"_ _9\"></span>ome s<span class=\"_ _9\"></span>ta<span class=\"_ _9\"></span>temen<span class=\"_ _9\"></span>t, with th<span class=\"_ _9\"></span>e excep<span class=\"_ _9\"></span>tion of p<span class=\"_ _9\"></span>roc<span class=\"_ _9\"></span>ee<span class=\"_ _9\"></span>ds from th<span class=\"_ _9\"></span>e sale o<span class=\"_ _9\"></span>f tradin<span class=\"_ _9\"></span>g<span class=\"_ _335\"> </span>proper<span class=\"_ _9\"></span>ties, i<span class=\"_ _11\"></span>ncom<span class=\"_ _9\"></span>e from de<span class=\"_ _11\"></span>velopment contracts or transactions and t<span class=\"_ _2\"></span>he non-owned element<span class=\"_ _2\"></span> of the Gr<span class=\"_ _2\"></span>oup\u2019<span class=\"_ _1\"></span>s subsidiaries<span class=\"_ _2\"></span> which are<span class=\"_ _2\"></span> presented<span class=\"_ _335\"> </span>in the \u2018Capi<span class=\"_ _9\"></span>tal and o<span class=\"_ _9\"></span>ther i<span class=\"_ _9\"></span>tems\u2019 co<span class=\"_ _9\"></span>lumn.<span class=\"_ _335\"> </span><table class=\"s w10a hc8\" id=\"_cefe0ba3-a86a-4a14-b2a3-082b576b3303\"><tr><td></td><td></td><td></td><td class=\"c n x23a y32d6 w1c hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></div></td><td></td><td></td><td class=\"c n x23b y32d6 w1d hbc\"><div class=\"t m0 x239 h15 y3229 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td></td><td class=\"t m0 x581 h15 y32d7 ff2 fsd fc2 sc0 ls8d ws95\">Cap<span class=\"_ _9\"></span>ital </td><td></td><td></td><td class=\"t m0 x23d h15 y32d7 ff3 fsd fc2 sc0 ls76 ws13e\">Capital </td><td></td></tr><tr><td></td><td class=\"t m0 x23e h15 y32d8 ff2 fsd fc2 sc0 ls1 ws1\">EPRA </td><td class=\"t m0 x23f h15 y32d8 ff2 fsd fc2 sc0 ls41 ws36\">and ot<span class=\"_ _2\"></span>her </td><td></td><td class=\"t m0 x240 h15 y32d8 ff3 fsd fc2 sc0 ls101 ws18e\">EPR<span class=\"_ _9\"></span>A </td><td class=\"t m0 x241 h15 y32d8 ff3 fsd fc2 sc0 ls41 ws36\">and other </td><td></td></tr><tr><td></td><td class=\"t m0 x242 h15 y32d9 ff2 fsd fc2 sc0 ls78 ws7e\">earnings<span class=\"_ _335\"> </span></td><td class=\"t m0 x243 h15 y32d9 ff2 fsd fc2 sc0 ls7b ws82\">items<span class=\"_ _335\"> </span></td><td class=\"t m0 x244 h15 y32d9 ff2 fsd fc2 sc0 lsa4 wsb2\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td><td class=\"t m0 x245 h15 y32d9 ff3 fsd fc2 sc0 ls76 ws13e\">earnings<span class=\"_ _335\"> </span></td><td class=\"t m0 x246 h15 y32d9 ff3 fsd fc2 sc0 ls41 ws7c\">items<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y32d9 ff3 fsd fc2 sc0 lsa7 ws6c\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x249 h15 y32da ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24a h15 y32da ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24b h15 y32da ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y32da ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y32da ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y32da ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32db w10b hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Rent<span class=\"_ _2\"></span>al income<span class=\"_ _2\"></span> (<span class=\"_ _11\"></span>excluding<span class=\"_ _11\"></span> adjustment for lease incent<span class=\"_ _2\"></span>ives<span class=\"_ _11\"></span>)<span class=\"_ _335\"> </span></div></td><td class=\"c n x582 y32db w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">593<span class=\"_ _335\"> </span></div></td><td class=\"c n x583 y32db w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x584 y32db w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">595<span class=\"_ _335\"> </span></div></td><td class=\"c n x585 y32db w10c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">563<span class=\"_ _335\"> </span></div></td><td class=\"c n x586 y32db w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n x2b0 y32db w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">567<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32dc w10d hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Adjustment<span class=\"_ _2\"></span> for lease incent<span class=\"_ _11\"></span>i<span class=\"_ _9\"></span>ves<span class=\"_ _335\"> </span></div></td><td class=\"c n x587 y32dc w2d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">23<span class=\"_ _335\"> </span></div></td><td class=\"c n x588 y32dc w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x418 y32dc w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">23<span class=\"_ _335\"> </span></div></td><td class=\"c n x419 y32dc w34 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">33<span class=\"_ _335\"> </span></div></td><td class=\"c n x589 y32dc w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x58a y32dc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">33<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32dd w10e hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls37 ws34\">Rental income<span class=\"_ _335\"> </span></div></td><td class=\"c n x58b y32dd w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">616<span class=\"_ _335\"> </span></div></td><td class=\"c n x58c y32dd w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x58d y32dd w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">618<span class=\"_ _335\"> </span></div></td><td class=\"c n x58e y32dd w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">596<span class=\"_ _335\"> </span></div></td><td class=\"c n x58f y32dd w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n x590 y32dd w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">600<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y32de w10f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Ser<span class=\"_ _9\"></span>vice charge i<span class=\"_ _2\"></span>ncome</div><div class=\"t m0 x591 h16 y32a3 ff3 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x25e y32df w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">190<span class=\"_ _335\"> </span></div></td><td class=\"c n x592 y32df w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x593 y32df w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">190<span class=\"_ _335\"> </span></div></td><td class=\"c n x594 y32df w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">154<span class=\"_ _335\"> </span></div></td><td class=\"c n x595 y32df w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x596 y32df w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">155<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e0 w110 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">T<span class=\"_ _11\"></span>rading pr<span class=\"_ _2\"></span>oper<span class=\"_ _9\"></span>ty sales proceeds<span class=\"_ _335\"> </span></div></td><td class=\"c n x597 y32e0 w2f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x598 y32e0 w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">30<span class=\"_ _335\"> </span></div></td><td class=\"c n x599 y32e0 w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">30<span class=\"_ _335\"> </span></div></td><td class=\"c n x53d y32e0 w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x59a y32e0 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td><td class=\"c n x59b y32e0 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e1 wc7 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other proper<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y related inc<span class=\"_ _2\"></span>ome<span class=\"_ _335\"> </span></div></td><td class=\"c n x59c y32e1 w2d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">30<span class=\"_ _335\"> </span></div></td><td class=\"c n x59d y32e1 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x59e y32e1 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">30<span class=\"_ _335\"> </span></div></td><td class=\"c n x59f y32e1 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">34<span class=\"_ _335\"> </span></div></td><td class=\"c n x5a0 y32e1 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x5a1 y32e1 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">35<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e2 wbe hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Finance lease i<span class=\"_ _2\"></span>nterest<span class=\"_ _335\"> </span></div></td><td class=\"c n x5a2 y32e2 w25 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x3a5 y32e2 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5a3 y32e2 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x5a4 y32e2 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x5a5 y32e2 w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x420 y32e2 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e3 w111 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Development cont<span class=\"_ _11\"></span>rac<span class=\"_ _9\"></span>t and transaction income<span class=\"_ _335\"> </span></div></td><td class=\"c n x52c y32e3 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x52d y32e3 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5a6 y32e3 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5a7 y32e3 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5a8 y32e3 w34 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">17<span class=\"_ _335\"> </span></div></td><td class=\"c n x5a9 y32e3 w34 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">17<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e4 wc9 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other operating income<span class=\"_ _335\"> </span></div></td><td class=\"c n x5aa y32e4 w2d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td><td class=\"c n x5ab y32e4 w37 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5ac y32e4 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td><td class=\"c n x5ad y32e4 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td><td class=\"c n x5ae y32e4 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5af y32e4 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc wcc hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other income<span class=\"_ _335\"> </span></div></td><td class=\"c n x5b0 y32cc w25 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x5b1 y32cc w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5b2 y32cc w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x5b3 y32cc w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x5b4 y32cc w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5b5 y32cc w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w112 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">Re<span class=\"_ _11\"></span>venue per t<span class=\"_ _2\"></span>he income<span class=\"_ _2\"></span> stat<span class=\"_ _11\"></span>ement<span class=\"_ _335\"> </span></div></td><td class=\"c n x5b6 y32cd w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">860<span class=\"_ _335\"> </span></div></td><td class=\"c n x5b7 y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">32<span class=\"_ _335\"> </span></div></td><td class=\"c n x5b8 y32cd w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">892<span class=\"_ _335\"> </span></div></td><td class=\"c n x5b9 y32cd w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">797<span class=\"_ _335\"> </span></div></td><td class=\"c n x5ba y32cd w34 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">45<span class=\"_ _335\"> </span></div></td><td class=\"c n x5bb y32cd w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">842<span class=\"_ _335\"> </span></div></td></tr></table>1. <span class=\"_ _a\"></span>Curre<span class=\"_ _9\"></span>nt ye<span class=\"_ _9\"></span>ar b<span class=\"_ _9\"></span>ala<span class=\"_ _9\"></span>nce<span class=\"_ _9\"></span>s re<span class=\"_ _9\"></span>flec<span class=\"_ _a\"></span>t a recl<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>sifi<span class=\"_ _9\"></span>ca<span class=\"_ _9\"></span>tio<span class=\"_ _9\"></span>n of se<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>v<span class=\"_ _9\"></span>ice c<span class=\"_ _9\"></span>ha<span class=\"_ _9\"></span>rge m<span class=\"_ _9\"></span>ana<span class=\"_ _9\"></span>ge<span class=\"_ _9\"></span>me<span class=\"_ _9\"></span>nt fe<span class=\"_ _9\"></span>e<span class=\"_ _9\"></span>s fro<span class=\"_ _9\"></span>m ser<span class=\"_ _a\"></span>vic<span class=\"_ _9\"></span>e cha<span class=\"_ _9\"></span>rge e<span class=\"_ _9\"></span>xp<span class=\"_ _9\"></span>en<span class=\"_ _9\"></span>se to s<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>v<span class=\"_ _9\"></span>ic<span class=\"_ _9\"></span>e cha<span class=\"_ _9\"></span>rge i<span class=\"_ _9\"></span>nco<span class=\"_ _9\"></span>me o<span class=\"_ _9\"></span>f <span class=\"ff2 ls83 ws87\">\u00a311m</span>. W<span class=\"_ _9\"></span>hil<span class=\"_ _9\"></span>e the c<span class=\"_ _9\"></span>omp<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>ati<span class=\"_ _9\"></span>ve<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span>ha<span class=\"_ _9\"></span>ve no<span class=\"_ _9\"></span>t be<span class=\"_ _9\"></span>en r<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>ta<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d, the e<span class=\"_ _9\"></span>qui<span class=\"_ _9\"></span>val<span class=\"_ _9\"></span>ent r<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>la<span class=\"_ _9\"></span>ss<span class=\"_ _9\"></span>ifica<span class=\"_ _9\"></span>tio<span class=\"_ _9\"></span>n wo<span class=\"_ _9\"></span>uld h<span class=\"_ _9\"></span>ave b<span class=\"_ _9\"></span>e<span class=\"_ _9\"></span>en \u00a38m.<span class=\"_ _335\"> </span>The follo<span class=\"_ _2\"></span>wing table<span class=\"_ _11\"></span> re<span class=\"_ _9\"></span>conciles rev<span class=\"_ _11\"></span>enue per the income statement<span class=\"_ _2\"></span> to the<span class=\"_ _2\"></span> individual<span class=\"_ _2\"></span> components of rev<span class=\"_ _2\"></span>enue presented<span class=\"_ _2\"></span> in note 4<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span><table class=\"s w113 hc9\" id=\"_f7f14f6e-04b9-4658-80d7-43a42c8868da\"><tr><td></td><td></td><td></td><td></td><td class=\"c n x5bc y32e5 w1c hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x5bd y32e5 w1d hb8\"><div class=\"t m0 x239 h15 y320f ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td></td><td></td><td class=\"t m0 x5be h15 y32e6 ff2 fsd fc2 sc0 ls1 ws1\">Adjustment </td><td></td><td></td><td></td><td class=\"t m0 x5bf h15 y32e7 ff3 fsd fc2 sc0 ls75 ws7a\">Adjustme<span class=\"_ _9\"></span>nt </td><td></td></tr><tr><td></td><td></td><td></td><td class=\"t m0 x242 h15 y32e8 ff2 fsd fc2 sc0 ls8c ws17a\">for non<span class=\"_ _2\"></span>-<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td class=\"t m0 x5c0 h15 y32e9 ff3 fsd fc2 sc0 ls41 ws36\">for non- </td><td></td></tr><tr><td></td><td></td><td class=\"t m0 x5c1 h15 y32ea ff2 fsd fc2 sc0 ls1 ws1\">Joint </td><td class=\"t m0 x5c2 h15 y32eb ff2 fsd fc2 sc0 ls41 ws36\">wholly o<span class=\"_ _11\"></span>wned </td><td></td><td></td><td class=\"t m0 x240 h15 y32eb ff3 fsd fc2 sc0 lsa6 ws96\">Joint<span class=\"ls1 ws1\"> </span></td><td class=\"t m0 x5c3 h15 y32ec ff3 fsd fc2 sc0 ls75 ws164\">wholl<span class=\"_ _9\"></span>y owned </td><td></td></tr><tr><td></td><td class=\"t m0 x5c4 h15 y32ed ff2 fsd fc2 sc0 ls76 ws13e\">Group<span class=\"_ _335\"> </span></td><td class=\"t m0 x5c5 h15 y32ed ff2 fsd fc2 sc0 ls3a ws37\">ventur<span class=\"_ _9\"></span>es<span class=\"_ _335\"> </span></td><td class=\"t m0 x5be h15 y32ee ff2 fsd fc2 sc0 ls78 ws7e\">subsidiaries<span class=\"_ _335\"> </span></td><td class=\"t m0 x5c6 h15 y32ee ff2 fsd fc2 sc0 lsa4 wsb2\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td><td class=\"t m0 x5c7 h15 y32ee ff3 fsd fc2 sc0 ls76 ws13e\">Group</td><td class=\"t m0 x55c h15 y32ee ff3 fsd fc2 sc0 ls113 ws56\"> ventures<span class=\"_ _335\"> </span></td><td class=\"t m0 x5bf h15 y32ef ff3 fsd fc2 sc0 ls76 ws13e\">subsidiaries<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y32ef ff3 fsd fc2 sc0 lsa7 ws6c\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x5c8 h15 y32f0 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x343 h15 y32f0 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x249 h15 y32f1 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24a h15 y32f1 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24b h15 y32f1 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y32f1 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y32f2 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y32f2 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32f3 wbd hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Rent<span class=\"_ _2\"></span>al income<span class=\"_ _335\"> </span></div></td><td class=\"c n x5c9 y32f3 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">618<span class=\"_ _335\"> </span></div></td><td class=\"c n x5ca y32f3 w2d hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">39<span class=\"_ _335\"> </span></div></td><td class=\"c n x5cb y32f3 wc4 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td><td class=\"c n x5cc y32f3 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">655<span class=\"_ _335\"> </span></div></td><td class=\"c n x5cd y32f3 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">600<span class=\"_ _335\"> </span></div></td><td class=\"c n x2ea y32f3 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">39<span class=\"_ _335\"> </span></div></td><td class=\"c n x5ce y32f3 w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(4)<span class=\"_ _335\"> </span></div></td><td class=\"c n x5bb y32f3 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">635<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y32f4 w10f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Ser<span class=\"_ _9\"></span>vice charge i<span class=\"_ _2\"></span>ncome</div><div class=\"t m0 x591 h16 y32a3 ff3 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x5cf y32f4 w20 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">190<span class=\"_ _335\"> </span></div></td><td class=\"c n x5d0 y32f4 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td><td class=\"c n x5d1 y32f4 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5d2 y32f4 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">200<span class=\"_ _335\"> </span></div></td><td class=\"c n x5d3 y32f4 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">155<span class=\"_ _335\"> </span></div></td><td class=\"c n x5d4 y32f4 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td><td class=\"c n x5d5 y32f4 w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n x5d6 y32f4 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">165<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32f5 wc7 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other proper<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y related inc<span class=\"_ _2\"></span>ome<span class=\"_ _335\"> </span></div></td><td class=\"c n x5d7 y32f5 w2d hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">30<span class=\"_ _335\"> </span></div></td><td class=\"c n x5d8 y32f5 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n x5d9 y32f5 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5da y32f5 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">34<span class=\"_ _335\"> </span></div></td><td class=\"c n x5db y32f5 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">35<span class=\"_ _335\"> </span></div></td><td class=\"c n x5dc y32f5 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x5dd y32f5 w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n x5de y32f5 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">36<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32f6 wbe hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Finance lease i<span class=\"_ _2\"></span>nterest<span class=\"_ _335\"> </span></div></td><td class=\"c n x5df y32f6 w25 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x5e0 y32f6 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5e1 y32f6 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5e2 y32f6 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x5e3 y32f6 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x5e4 y32f6 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5e5 y32f6 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5e6 y32f6 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32f7 wc9 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other operating income<span class=\"_ _335\"> </span></div></td><td class=\"c n x5e7 y32f7 w2d hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td><td class=\"c n x5e8 y32f7 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5e9 y32f7 w2f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5ea y32f7 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td><td class=\"c n x5eb y32f7 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td><td class=\"c n x5ec y32f7 w5c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5ed y32f7 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x322 y32f7 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32f8 wcc hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other income<span class=\"_ _335\"> </span></div></td><td class=\"c n x5df y32f8 w25 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x5e0 y32f8 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5e1 y32f8 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5e2 y32f8 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x5e3 y32f8 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x5e4 y32f8 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5ee y32f8 w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n x5ef y32f8 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x297 h9 y32f9 ff2 fs6 fc2 sc0 ls8f ws42\">Re<span class=\"_ _11\"></span>venue in t<span class=\"_ _11\"></span>he segmental </td><td class=\"c n x5cf y32fa w20 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">862<span class=\"_ _335\"> </span></div></td><td class=\"c n x5d0 y32fa w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">53<span class=\"_ _335\"> </span></div></td><td class=\"c n x5f0 y32fa w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td><td class=\"c n x5f1 y32fa w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">913<span class=\"_ _335\"> </span></div></td><td class=\"c n x5f2 y32fa w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">803<span class=\"_ _335\"> </span></div></td><td class=\"c n x5f3 y32fa w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">52<span class=\"_ _335\"> </span></div></td><td class=\"c n x5f4 y32fa w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(7)<span class=\"_ _335\"> </span></div></td><td class=\"c n x5f5 y32fa w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">848<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x297 h9 y32fb ff2 fs6 fc2 sc0 ls1b ws11a\">info<span class=\"_ _9\"></span>rma<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span><span class=\"_ gsd2\"> </span>no<span class=\"_ _9\"></span>te<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m0 x297 h9 y32fc ff3 fs6 fc2 sc0 ls29 ws28\">Development cont<span class=\"_ _11\"></span>rac<span class=\"_ _9\"></span>t and transaction </td><td class=\"c n x5f6 y32fd w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5f7 y32fd w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5f8 y32fd w2f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5f9 y32fd w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5fa y32fd w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">17<span class=\"_ _335\"> </span></div></td><td class=\"c n x5fb y32fd w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5fc y32fd w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5fd y32fd w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">17<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x297 h9 y32fe ff3 fs6 fc2 sc0 ls29 ws48\">income<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y32ff w110 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">T<span class=\"_ _11\"></span>rading pr<span class=\"_ _2\"></span>oper<span class=\"_ _9\"></span>ty sales proceeds<span class=\"_ _335\"> </span></div></td><td class=\"c n x5fe y32ff w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">30<span class=\"_ _335\"> </span></div></td><td class=\"c n x5ff y32ff w2f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x600 y32ff w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x601 y32ff w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">30<span class=\"_ _335\"> </span></div></td><td class=\"c n x602 y32ff w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td><td class=\"c n x603 y32ff w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x604 y32ff w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x4b8 y32ff w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y3228 w114 hca\"><div class=\"t m0 x239 h9 y3300 ff2 fs6 fc2 sc0 ls8f ws42\">Re<span class=\"_ _11\"></span>venue incl<span class=\"_ _2\"></span>uding Ca<span class=\"_ _2\"></span>pita<span class=\"_ _11\"></span>l and<span class=\"_ _335\"> </span></div><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws98\">other<span class=\"_ gsd2\"> </span><span class=\"_ _11\"></span>items<span class=\"_ _335\"> </span></div></td><td class=\"c n x5cf y3301 w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">892<span class=\"_ _335\"> </span></div></td><td class=\"c n x5d0 y3301 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">53<span class=\"_ _335\"> </span></div></td><td class=\"c n x5f0 y3301 w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td><td class=\"c n x5f1 y3301 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">943<span class=\"_ _335\"> </span></div></td><td class=\"c n x5f2 y3301 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">842<span class=\"_ _335\"> </span></div></td><td class=\"c n x5f3 y3301 w34 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">52<span class=\"_ _335\"> </span></div></td><td class=\"c n x5f4 y3301 w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(7)<span class=\"_ _335\"> </span></div></td><td class=\"c n x5f5 y3301 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">887<span class=\"_ _335\"> </span></div></td></tr></table>1. <span class=\"_ _a\"></span>Curre<span class=\"_ _9\"></span>nt ye<span class=\"_ _9\"></span>ar b<span class=\"_ _9\"></span>ala<span class=\"_ _9\"></span>nce<span class=\"_ _9\"></span>s re<span class=\"_ _9\"></span>flec<span class=\"_ _a\"></span>t a recl<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>sifi<span class=\"_ _9\"></span>ca<span class=\"_ _9\"></span>tio<span class=\"_ _9\"></span>n of se<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>v<span class=\"_ _9\"></span>ice c<span class=\"_ _9\"></span>ha<span class=\"_ _9\"></span>rge m<span class=\"_ _9\"></span>ana<span class=\"_ _9\"></span>ge<span class=\"_ _9\"></span>me<span class=\"_ _9\"></span>nt fe<span class=\"_ _9\"></span>e<span class=\"_ _9\"></span>s fro<span class=\"_ _9\"></span>m ser<span class=\"_ _a\"></span>vic<span class=\"_ _9\"></span>e cha<span class=\"_ _9\"></span>rge e<span class=\"_ _9\"></span>xp<span class=\"_ _9\"></span>en<span class=\"_ _9\"></span>se to s<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>v<span class=\"_ _9\"></span>ic<span class=\"_ _9\"></span>e cha<span class=\"_ _9\"></span>rge i<span class=\"_ _9\"></span>nco<span class=\"_ _9\"></span>me o<span class=\"_ _9\"></span>f <span class=\"ff2 ls83 ws87\">\u00a311m</span>. W<span class=\"_ _9\"></span>hil<span class=\"_ _9\"></span>e the c<span class=\"_ _9\"></span>omp<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>ati<span class=\"_ _9\"></span>ve<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span>ha<span class=\"_ _9\"></span>ve no<span class=\"_ _9\"></span>t be<span class=\"_ _9\"></span>en r<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>ta<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d, the e<span class=\"_ _9\"></span>qui<span class=\"_ _9\"></span>val<span class=\"_ _9\"></span>ent r<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>la<span class=\"_ _9\"></span>ss<span class=\"_ _9\"></span>ifica<span class=\"_ _9\"></span>tio<span class=\"_ _9\"></span>n wo<span class=\"_ _9\"></span>uld h<span class=\"_ _9\"></span>ave b<span class=\"_ _9\"></span>e<span class=\"_ _9\"></span>en \u00a38m.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfRevenueFromContractsWithCustomersExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-444": {
   "value": "6<span class=\"_ _1c0\"> </span><span class=\"fc4 ls15d ws197\">REVENUE<span class=\"_ _335\"> </span></span>A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Rental inco<span class=\"_ _9\"></span>me, inclu<span class=\"_ _9\"></span>ding fixe<span class=\"_ _9\"></span>d rental up<span class=\"_ _9\"></span>lif<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s, is rec<span class=\"_ _9\"></span>ogni<span class=\"_ _9\"></span>sed in th<span class=\"_ _9\"></span>e inco<span class=\"_ _9\"></span>me s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent o<span class=\"_ _9\"></span>n a s<span class=\"_ _9\"></span>traight-line b<span class=\"_ _9\"></span>asis over th<span class=\"_ _9\"></span>e term of th<span class=\"_ _9\"></span>e le<span class=\"_ _9\"></span>ase. Leas<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span>incen<span class=\"_ _9\"></span>tives b<span class=\"_ _9\"></span>ein<span class=\"_ _9\"></span>g offere<span class=\"_ _9\"></span>d to occu<span class=\"_ _9\"></span>pier<span class=\"_ _9\"></span>s to ente<span class=\"_ _9\"></span>r into a lea<span class=\"_ _9\"></span>se, such as a<span class=\"_ _9\"></span>n initial r<span class=\"_ _9\"></span>ent-free p<span class=\"_ _9\"></span>erio<span class=\"_ _9\"></span>d or a cas<span class=\"_ _9\"></span>h contr<span class=\"_ _9\"></span>ibuti<span class=\"_ _9\"></span>on to fit ou<span class=\"_ _9\"></span>t or simi<span class=\"_ _9\"></span>lar cos<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s,<span class=\"_ _335\"> </span>are an inte<span class=\"_ _9\"></span>gral par<span class=\"_ _a\"></span>t of the ne<span class=\"_ _9\"></span>t con<span class=\"_ _9\"></span>side<span class=\"_ _9\"></span>ratio<span class=\"_ _9\"></span>n for the u<span class=\"_ _9\"></span>se of th<span class=\"_ _9\"></span>e prop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y an<span class=\"_ _9\"></span>d are the<span class=\"_ _9\"></span>refo<span class=\"_ _9\"></span>re rec<span class=\"_ _9\"></span>ogni<span class=\"_ _9\"></span>sed o<span class=\"_ _9\"></span>n the sam<span class=\"_ _9\"></span>e s<span class=\"_ _9\"></span>traight-line b<span class=\"_ _9\"></span>asis. Whe<span class=\"_ _9\"></span>re<span class=\"_ _335\"> </span>the tot<span class=\"_ _2\"></span>al consider<span class=\"_ _2\"></span>ation due u<span class=\"_ _2\"></span>nder a lease is<span class=\"_ _11\"></span> m<span class=\"_ _9\"></span>odified<span class=\"_ _2\"></span>, for ex<span class=\"_ _11\"></span>ample, where a<span class=\"_ _2\"></span> concession is gra<span class=\"_ _11\"></span>nted to a tena<span class=\"_ _2\"></span>nt prior<span class=\"_ _2\"></span> to the<span class=\"_ _2\"></span> date the<span class=\"_ _2\"></span> conceded<span class=\"_ _335\"> </span>rent fall<span class=\"_ _9\"></span>s due, the rev<span class=\"_ _9\"></span>ise<span class=\"_ _9\"></span>d total am<span class=\"_ _9\"></span>ount du<span class=\"_ _9\"></span>e unde<span class=\"_ _9\"></span>r the le<span class=\"_ _9\"></span>ase is r<span class=\"_ _9\"></span>eco<span class=\"_ _9\"></span>gnis<span class=\"_ _9\"></span>ed on a s<span class=\"_ _9\"></span>trai<span class=\"_ _9\"></span>ght-line bas<span class=\"_ _9\"></span>is over the r<span class=\"_ _9\"></span>emaini<span class=\"_ _9\"></span>ng term o<span class=\"_ _9\"></span>f the le<span class=\"_ _9\"></span>ase.<span class=\"_ _335\"> </span>Contingent<span class=\"_ _2\"></span> rents, being<span class=\"_ _2\"></span> lease payments that are not<span class=\"_ _2\"></span> fixed at t<span class=\"_ _2\"></span>he inception<span class=\"_ _2\"></span> of a lease<span class=\"_ _11\"></span>, for example t<span class=\"_ _11\"></span>urnover rents as<span class=\"_ _2\"></span> well as<span class=\"_ _2\"></span> surrender<span class=\"_ _2\"></span> premiums<span class=\"_ _335\"> </span>net o<span class=\"_ _9\"></span>f dilapi<span class=\"_ _9\"></span>dati<span class=\"_ _9\"></span>ons, are c<span class=\"_ _9\"></span>onsid<span class=\"_ _9\"></span>ere<span class=\"_ _9\"></span>d as variab<span class=\"_ _9\"></span>le co<span class=\"_ _9\"></span>nsid<span class=\"_ _9\"></span>erati<span class=\"_ _9\"></span>on and ar<span class=\"_ _9\"></span>e reco<span class=\"_ _9\"></span>rde<span class=\"_ _9\"></span>d as inc<span class=\"_ _9\"></span>ome in th<span class=\"_ _9\"></span>e year in w<span class=\"_ _9\"></span>hich th<span class=\"_ _9\"></span>ey are earn<span class=\"_ _9\"></span>ed. Whe<span class=\"_ _9\"></span>re a singl<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span>payment is received from<span class=\"_ _11\"></span> a tenant to<span class=\"_ _2\"></span> cover both<span class=\"_ _2\"></span> rent and<span class=\"_ _2\"></span> serv<span class=\"_ _9\"></span>ice charge<span class=\"_ _11\"></span>, the serv<span class=\"_ _9\"></span>ice charge<span class=\"_ _2\"></span> component is separat<span class=\"_ _2\"></span>ed and reported as service<span class=\"_ _335\"> </span>charge inc<span class=\"_ _2\"></span>ome.<span class=\"_ _335\"> </span>The Group<span class=\"_ _2\"></span>\u2019<span class=\"_ _11\"></span>s reven<span class=\"_ _11\"></span>ue from contracts with customers, as de<span class=\"_ _2\"></span>fined in I<span class=\"_ _11\"></span>FRS 15<span class=\"_ _2\"></span>, includes service charge i<span class=\"_ _2\"></span>ncome,<span class=\"_ _2\"></span> other propert<span class=\"_ _9\"></span>y related income<span class=\"_ _11\"></span>,<span class=\"_ _335\"> </span>trading<span class=\"_ _11\"></span> proper<span class=\"_ _a\"></span>ty sales proceeds, de<span class=\"_ _11\"></span>velopment contract income and other<span class=\"_ _2\"></span> income<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>Ser<span class=\"_ _9\"></span>vice charge i<span class=\"_ _2\"></span>ncome and management<span class=\"_ _11\"></span> fe<span class=\"_ _9\"></span>es are recorded<span class=\"_ _2\"></span> as income o<span class=\"_ _2\"></span>ver ti<span class=\"_ _11\"></span>m<span class=\"_ _9\"></span>e in t<span class=\"_ _2\"></span>he year i<span class=\"_ _11\"></span>n which the services are rendered<span class=\"_ _2\"></span>. Re<span class=\"_ _2\"></span>venue is<span class=\"_ _335\"> </span>recognised over<span class=\"_ _11\"></span> time because the tena<span class=\"_ _2\"></span>nts benefit from<span class=\"_ _2\"></span> the services as soon as the<span class=\"_ _2\"></span>y are r<span class=\"_ _2\"></span>endered by t<span class=\"_ _2\"></span>he Group<span class=\"_ _11\"></span>. The actual service provided<span class=\"_ _335\"> </span>during e<span class=\"_ _9\"></span>ach r<span class=\"_ _9\"></span>epo<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>ting p<span class=\"_ _9\"></span>erio<span class=\"_ _9\"></span>d is d<span class=\"_ _9\"></span>eterm<span class=\"_ _9\"></span>ine<span class=\"_ _9\"></span>d using c<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>t incurr<span class=\"_ _9\"></span>ed as th<span class=\"_ _9\"></span>e inpu<span class=\"_ _9\"></span>t me<span class=\"_ _9\"></span>thod.<span class=\"_ _335\"> </span>Other proper<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y related inc<span class=\"_ _2\"></span>ome includes de<span class=\"_ _2\"></span>velopment and<span class=\"_ _2\"></span> asset management fees<span class=\"_ _2\"></span>. These fees are<span class=\"_ _11\"></span> re<span class=\"_ _9\"></span>cognised ov<span class=\"_ _2\"></span>er time<span class=\"_ _11\"></span>, using time<span class=\"_ _2\"></span> elapsed<span class=\"_ _335\"> </span>as the inp<span class=\"_ _9\"></span>ut me<span class=\"_ _9\"></span>tho<span class=\"_ _9\"></span>d whi<span class=\"_ _9\"></span>ch me<span class=\"_ _9\"></span>asure<span class=\"_ _9\"></span>s the b<span class=\"_ _9\"></span>enefi<span class=\"_ _9\"></span>t simultan<span class=\"_ _9\"></span>eo<span class=\"_ _9\"></span>usly r<span class=\"_ _9\"></span>ece<span class=\"_ _9\"></span>ived an<span class=\"_ _9\"></span>d con<span class=\"_ _9\"></span>sume<span class=\"_ _9\"></span>d by the cus<span class=\"_ _9\"></span>tom<span class=\"_ _9\"></span>er<span class=\"_ _11\"></span>, over th<span class=\"_ _9\"></span>e per<span class=\"_ _9\"></span>iod th<span class=\"_ _9\"></span>e devel<span class=\"_ _9\"></span>opm<span class=\"_ _9\"></span>ent<span class=\"_ _335\"> </span>or asset management services are provided<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>Proce<span class=\"_ _9\"></span>ed<span class=\"_ _9\"></span>s rec<span class=\"_ _9\"></span>eive<span class=\"_ _9\"></span>d on the s<span class=\"_ _9\"></span>ale of tra<span class=\"_ _9\"></span>ding pro<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s are re<span class=\"_ _9\"></span>cogni<span class=\"_ _9\"></span>sed w<span class=\"_ _9\"></span>he<span class=\"_ _9\"></span>n contro<span class=\"_ _9\"></span>l of the p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y tran<span class=\"_ _9\"></span>sfe<span class=\"_ _9\"></span>rs to th<span class=\"_ _9\"></span>e buye<span class=\"_ _9\"></span>r<span class=\"_ _11\"></span>, i.<span class=\"_ _11\"></span>e. the buye<span class=\"_ _9\"></span>r has th<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span>abilit<span class=\"_ _9\"></span>y to dir<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>t th<span class=\"_ _9\"></span>e use of t<span class=\"_ _9\"></span>he pro<span class=\"_ _9\"></span>per<span class=\"_ _a\"></span>ty an<span class=\"_ _9\"></span>d the righ<span class=\"_ _9\"></span>t to the cas<span class=\"_ _9\"></span>h inflows and o<span class=\"_ _9\"></span>ut<span class=\"_ _9\"></span>flows ge<span class=\"_ _9\"></span>nera<span class=\"_ _9\"></span>ted by i<span class=\"_ _9\"></span>t. This gene<span class=\"_ _9\"></span>rally o<span class=\"_ _9\"></span>ccur<span class=\"_ _9\"></span>s on unc<span class=\"_ _9\"></span>ondi<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>al<span class=\"_ _335\"> </span>exchange<span class=\"_ _11\"></span> or on completion.<span class=\"_ _2\"></span> If completion<span class=\"_ _11\"></span> is expec<span class=\"_ _9\"></span>ted to occur si<span class=\"_ _2\"></span>gnifi<span class=\"_ _2\"></span>cantly after ex<span class=\"_ _11\"></span>change or if the Grou<span class=\"_ _11\"></span>p has signific<span class=\"_ _2\"></span>ant outstanding<span class=\"_ _335\"> </span>obligations between exchange<span class=\"_ _2\"></span> and completion<span class=\"_ _11\"></span>, the Group assesses whether there<span class=\"_ _2\"></span> are mu<span class=\"_ _2\"></span>ltiple performance obligations<span class=\"_ _2\"></span> in the<span class=\"_ _2\"></span> contract<span class=\"_ _335\"> </span>and recognises r<span class=\"_ _2\"></span>evenue<span class=\"_ _2\"></span> as each performance obligation<span class=\"_ _2\"></span> is satisfied<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>When propert<span class=\"_ _9\"></span>y is let under a<span class=\"_ _2\"></span> finance lease<span class=\"_ _11\"></span>, the Group recogni<span class=\"_ _2\"></span>ses a receivable<span class=\"_ _2\"></span> equal to<span class=\"_ _2\"></span> the net in<span class=\"_ _11\"></span>ves<span class=\"_ _9\"></span>tment in<span class=\"_ _2\"></span> the lease at i<span class=\"_ _2\"></span>nception of t<span class=\"_ _2\"></span>he lease<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>Rent<span class=\"_ _2\"></span>als received a<span class=\"_ _2\"></span>re account<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>d for as<span class=\"_ _2\"></span> repayments of principal<span class=\"_ _2\"></span> and fina<span class=\"_ _2\"></span>nce income as<span class=\"_ _11\"></span> appropriate.<span class=\"_ _11\"></span> Finance income is al<span class=\"_ _11\"></span>lo<span class=\"_ _9\"></span>cated to each<span class=\"_ _2\"></span> period<span class=\"_ _335\"> </span>during th<span class=\"_ _9\"></span>e lea<span class=\"_ _9\"></span>se term s<span class=\"_ _9\"></span>o as to pro<span class=\"_ _9\"></span>duc<span class=\"_ _9\"></span>e a cons<span class=\"_ _9\"></span>tant p<span class=\"_ _9\"></span>eri<span class=\"_ _9\"></span>odic ra<span class=\"_ _9\"></span>te of inte<span class=\"_ _9\"></span>res<span class=\"_ _9\"></span>t on th<span class=\"_ _9\"></span>e rem<span class=\"_ _9\"></span>aining ne<span class=\"_ _9\"></span>t inves<span class=\"_ _9\"></span>tme<span class=\"_ _9\"></span>nt in the fin<span class=\"_ _9\"></span>ance l<span class=\"_ _9\"></span>eas<span class=\"_ _9\"></span>e and is re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>gnise<span class=\"_ _9\"></span>d<span class=\"_ _335\"> </span>withi<span class=\"_ _9\"></span>n revenue.<span class=\"_ _335\"> </span>Revenue on d<span class=\"_ _9\"></span>evelop<span class=\"_ _9\"></span>men<span class=\"_ _9\"></span>t contra<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ts i<span class=\"_ _9\"></span>s rec<span class=\"_ _9\"></span>ogni<span class=\"_ _9\"></span>sed ove<span class=\"_ _9\"></span>r time over th<span class=\"_ _9\"></span>e per<span class=\"_ _9\"></span>iod o<span class=\"_ _9\"></span>f the co<span class=\"_ _9\"></span>ntrac<span class=\"_ _9\"></span>t a<span class=\"_ _9\"></span>s the Gro<span class=\"_ _9\"></span>up cre<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>s or enh<span class=\"_ _9\"></span>ance<span class=\"_ _9\"></span>s an ass<span class=\"_ _9\"></span>et th<span class=\"_ _9\"></span>at the<span class=\"_ _335\"> </span>customer controls<span class=\"_ _11\"></span>. Progress to<span class=\"_ _2\"></span>wards<span class=\"_ _2\"></span> completion of t<span class=\"_ _2\"></span>he development<span class=\"_ _11\"></span>, by reference t<span class=\"_ _11\"></span>o the value<span class=\"_ _2\"></span> of work c<span class=\"_ _2\"></span>ompleted using t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>e costs incurred t<span class=\"_ _2\"></span>o<span class=\"_ _335\"> </span>date as a p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>on of to<span class=\"_ _9\"></span>tal cos<span class=\"_ _9\"></span>ts ex<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ted to b<span class=\"_ _9\"></span>e incur<span class=\"_ _9\"></span>red ove<span class=\"_ _9\"></span>r the term o<span class=\"_ _9\"></span>f the co<span class=\"_ _9\"></span>ntrac<span class=\"_ _9\"></span>t i<span class=\"_ _9\"></span>s use<span class=\"_ _9\"></span>d as the inp<span class=\"_ _9\"></span>ut m<span class=\"_ _9\"></span>etho<span class=\"_ _9\"></span>d.<span class=\"_ _335\"> </span>Other income includes t<span class=\"_ _2\"></span>urnov<span class=\"_ _2\"></span>er generated fr<span class=\"_ _2\"></span>om the pr<span class=\"_ _2\"></span>ovision of<span class=\"_ _2\"></span> equipment,<span class=\"_ _11\"></span> facilities and services to customers throug<span class=\"_ _11\"></span>h the Group\u2019<span class=\"_ _1\"></span>s s<span class=\"_ _9\"></span>tudio<span class=\"_ _335\"> </span>and hotel operat<span class=\"_ _2\"></span>ions.<span class=\"_ _11\"></span> Revenue is<span class=\"_ _2\"></span> recognised ov<span class=\"_ _2\"></span>er time<span class=\"_ _2\"></span> as customers obtain<span class=\"_ _11\"></span> control of the pr<span class=\"_ _2\"></span>omised goods or services, typically upon delivery<span class=\"_ _335\"> </span>or as services are rendered<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForRecognitionOfRevenue",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-372": {
   "value": "7<span class=\"_ _86\"> </span><span class=\"fc4 ls4c ws12b\">COS<span class=\"_ _9\"></span>TS<span class=\"_ _335\"> </span></span>A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>The car<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>yin<span class=\"_ _9\"></span>g amoun<span class=\"_ _9\"></span>ts of th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s non-finan<span class=\"_ _9\"></span>cial as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ts, oth<span class=\"_ _9\"></span>er than i<span class=\"_ _9\"></span>nves<span class=\"_ _9\"></span>tment p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s, are rev<span class=\"_ _9\"></span>iewed a<span class=\"_ _9\"></span>t ea<span class=\"_ _9\"></span>ch rep<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>ng da<span class=\"_ _9\"></span>te to dete<span class=\"_ _9\"></span>rmine<span class=\"_ _335\"> </span>whe<span class=\"_ _9\"></span>the<span class=\"_ _9\"></span>r there i<span class=\"_ _9\"></span>s any indica<span class=\"_ _9\"></span>tion of im<span class=\"_ _9\"></span>pairm<span class=\"_ _9\"></span>ent. If any such indi<span class=\"_ _9\"></span>cati<span class=\"_ _9\"></span>on exis<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s, the as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>t\u2019s recoverab<span class=\"_ _9\"></span>le amo<span class=\"_ _9\"></span>unt is e<span class=\"_ _9\"></span>stim<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>d. An impairm<span class=\"_ _9\"></span>ent l<span class=\"_ _9\"></span>oss<span class=\"_ _9\"></span> is rec<span class=\"_ _9\"></span>ogni<span class=\"_ _9\"></span>sed in th<span class=\"_ _9\"></span>e inco<span class=\"_ _9\"></span>me s<span class=\"_ _9\"></span>tate<span class=\"_ _9\"></span>ment w<span class=\"_ _9\"></span>he<span class=\"_ _9\"></span>never th<span class=\"_ _9\"></span>e carr<span class=\"_ _9\"></span>y<span class=\"_ _9\"></span>ing amo<span class=\"_ _9\"></span>unt of an a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>t exce<span class=\"_ _9\"></span>eds i<span class=\"_ _9\"></span>ts re<span class=\"_ _9\"></span>cover<span class=\"_ _9\"></span>able am<span class=\"_ _9\"></span>ount. The re<span class=\"_ _9\"></span>covera<span class=\"_ _9\"></span>ble am<span class=\"_ _9\"></span>ount of<span class=\"_ _335\"> </span>an ass<span class=\"_ _9\"></span>et is th<span class=\"_ _9\"></span>e grea<span class=\"_ _9\"></span>ter of i<span class=\"_ _9\"></span>ts f<span class=\"_ _9\"></span>air value le<span class=\"_ _9\"></span>ss c<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>ts to se<span class=\"_ _9\"></span>ll and i<span class=\"_ _9\"></span>ts valu<span class=\"_ _9\"></span>e in use. The value in u<span class=\"_ _9\"></span>se is de<span class=\"_ _9\"></span>term<span class=\"_ _9\"></span>ine<span class=\"_ _9\"></span>d as the ne<span class=\"_ _9\"></span>t pre<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>nt value of th<span class=\"_ _9\"></span>e futu<span class=\"_ _9\"></span>re<span class=\"_ _335\"> </span>cash flow<span class=\"_ _9\"></span>s exp<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d to be d<span class=\"_ _9\"></span>erive<span class=\"_ _9\"></span>d from th<span class=\"_ _9\"></span>e ass<span class=\"_ _9\"></span>et, dis<span class=\"_ _9\"></span>counte<span class=\"_ _9\"></span>d usin<span class=\"_ _9\"></span>g a pre-ta<span class=\"_ _9\"></span>x disco<span class=\"_ _9\"></span>unt rate th<span class=\"_ _9\"></span>at refl<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s curre<span class=\"_ _9\"></span>nt mar<span class=\"_ _9\"></span>ket ass<span class=\"_ _9\"></span>ess<span class=\"_ _9\"></span>ment<span class=\"_ _9\"></span>s of th<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span>time value o<span class=\"_ _9\"></span>f mon<span class=\"_ _9\"></span>ey and the r<span class=\"_ _9\"></span>isk<span class=\"_ _9\"></span>s spe<span class=\"_ _9\"></span>cific to the a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>t. An impair<span class=\"_ _9\"></span>ment l<span class=\"_ _9\"></span>oss i<span class=\"_ _9\"></span>s rever<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>d if ther<span class=\"_ _9\"></span>e has b<span class=\"_ _9\"></span>een a c<span class=\"_ _9\"></span>hang<span class=\"_ _9\"></span>e in the es<span class=\"_ _9\"></span>tim<span class=\"_ _9\"></span>ates u<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>d to<span class=\"_ _335\"> </span>dete<span class=\"_ _9\"></span>rmine th<span class=\"_ _9\"></span>e rec<span class=\"_ _9\"></span>overabl<span class=\"_ _9\"></span>e amo<span class=\"_ _9\"></span>unt. An impair<span class=\"_ _9\"></span>ment l<span class=\"_ _9\"></span>oss i<span class=\"_ _9\"></span>s rever<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>d only to th<span class=\"_ _9\"></span>e ex<span class=\"_ _9\"></span>tent th<span class=\"_ _9\"></span>at th<span class=\"_ _9\"></span>e asse<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>\u2019<span class=\"_ _11\"></span>s c<span class=\"_ _9\"></span>arr<span class=\"_ _9\"></span>yi<span class=\"_ _9\"></span>ng amo<span class=\"_ _9\"></span>unt af<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>r the rever<span class=\"_ _9\"></span>sal d<span class=\"_ _9\"></span>oe<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span>not exceed the<span class=\"_ _2\"></span> amount t<span class=\"_ _2\"></span>hat would<span class=\"_ _2\"></span> have been determined<span class=\"_ _11\"></span>, net of applicable depreciat<span class=\"_ _2\"></span>ion, i<span class=\"_ _2\"></span>f no impai<span class=\"_ _11\"></span>rment loss had been recognised.<span class=\"_ _335\"> </span>Rents paya<span class=\"_ _2\"></span>ble reflect amounts due u<span class=\"_ _2\"></span>nder head leases.<span class=\"_ _11\"></span> Wh<span class=\"_ _9\"></span>ere rents paya<span class=\"_ _2\"></span>ble are v<span class=\"_ _11\"></span>ariable, and<span class=\"_ _11\"></span> do not depend on an index<span class=\"_ _2\"></span> or rate<span class=\"_ _11\"></span>, the payments<span class=\"_ _335\"> </span>are rec<span class=\"_ _9\"></span>ogni<span class=\"_ _9\"></span>sed in th<span class=\"_ _9\"></span>e inco<span class=\"_ _9\"></span>me s<span class=\"_ _9\"></span>tate<span class=\"_ _9\"></span>ment a<span class=\"_ _9\"></span>s incurr<span class=\"_ _9\"></span>ed. Wher<span class=\"_ _9\"></span>e thes<span class=\"_ _9\"></span>e rent<span class=\"_ _9\"></span>s are fixe<span class=\"_ _9\"></span>d, or in-subs<span class=\"_ _9\"></span>tance fixe<span class=\"_ _9\"></span>d, at the in<span class=\"_ _9\"></span>cep<span class=\"_ _9\"></span>tion of th<span class=\"_ _9\"></span>e agre<span class=\"_ _9\"></span>em<span class=\"_ _9\"></span>ent, or be<span class=\"_ _9\"></span>com<span class=\"_ _9\"></span>e fixed o<span class=\"_ _9\"></span>r in-subs<span class=\"_ _9\"></span>tance fixe<span class=\"_ _9\"></span>d at s<span class=\"_ _9\"></span>ome p<span class=\"_ _9\"></span>oint over th<span class=\"_ _9\"></span>e life o<span class=\"_ _9\"></span>f the agre<span class=\"_ _9\"></span>em<span class=\"_ _9\"></span>ent, an as<span class=\"_ _9\"></span>set r<span class=\"_ _9\"></span>epre<span class=\"_ _9\"></span>sen<span class=\"_ _9\"></span>ting the r<span class=\"_ _9\"></span>ight to use th<span class=\"_ _9\"></span>e unde<span class=\"_ _9\"></span>rly<span class=\"_ _9\"></span>ing lan<span class=\"_ _9\"></span>d<span class=\"_ _335\"> </span>and a cor<span class=\"_ _9\"></span>resp<span class=\"_ _9\"></span>on<span class=\"_ _9\"></span>ding liab<span class=\"_ _9\"></span>ilit<span class=\"_ _9\"></span>y fo<span class=\"_ _9\"></span>r the pre<span class=\"_ _9\"></span>sen<span class=\"_ _9\"></span>t value of th<span class=\"_ _9\"></span>e minimum f<span class=\"_ _9\"></span>uture l<span class=\"_ _9\"></span>eas<span class=\"_ _9\"></span>e pa<span class=\"_ _9\"></span>yme<span class=\"_ _9\"></span>nts ar<span class=\"_ _9\"></span>e reco<span class=\"_ _9\"></span>gnis<span class=\"_ _9\"></span>ed on th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s bal<span class=\"_ _9\"></span>ance s<span class=\"_ _9\"></span>hee<span class=\"_ _9\"></span>t wi<span class=\"_ _9\"></span>thin<span class=\"_ _335\"> </span>Inv<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>stment proper<span class=\"_ _9\"></span>ties and borr<span class=\"_ _2\"></span>owings respectively<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>All cos<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s are cl<span class=\"_ _9\"></span>assifi<span class=\"_ _9\"></span>ed wi<span class=\"_ _9\"></span>thin the \u2018EPR<span class=\"_ _9\"></span>A e<span class=\"_ _9\"></span>arning<span class=\"_ _9\"></span>s\u2019 column o<span class=\"_ _9\"></span>f the inc<span class=\"_ _9\"></span>ome s<span class=\"_ _9\"></span>ta<span class=\"_ _9\"></span>teme<span class=\"_ _9\"></span>nt, with th<span class=\"_ _9\"></span>e excep<span class=\"_ _9\"></span>tion o<span class=\"_ _9\"></span>f the cos<span class=\"_ _9\"></span>t o<span class=\"_ _9\"></span>f sale of tr<span class=\"_ _9\"></span>ading p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s,<span class=\"_ _335\"> </span>costs arising on de<span class=\"_ _11\"></span>velopment contracts or transactions, amortisation and<span class=\"_ _11\"></span> impairments of inta<span class=\"_ _2\"></span>ngible assets, a<span class=\"_ _2\"></span>nd other attributa<span class=\"_ _2\"></span>ble costs, arisi<span class=\"_ _2\"></span>ng<span class=\"_ _335\"> </span>on bus<span class=\"_ _9\"></span>ines<span class=\"_ _9\"></span>s com<span class=\"_ _9\"></span>bina<span class=\"_ _9\"></span>tions an<span class=\"_ _9\"></span>d the no<span class=\"_ _9\"></span>n-own<span class=\"_ _9\"></span>ed e<span class=\"_ _9\"></span>lem<span class=\"_ _9\"></span>ent of th<span class=\"_ _9\"></span>e Grou<span class=\"_ _9\"></span>p\u2019<span class=\"_ _11\"></span>s subsi<span class=\"_ _9\"></span>diarie<span class=\"_ _9\"></span>s whi<span class=\"_ _9\"></span>ch are pr<span class=\"_ _9\"></span>ese<span class=\"_ _9\"></span>nted in th<span class=\"_ _9\"></span>e \u2018Capital a<span class=\"_ _9\"></span>nd oth<span class=\"_ _9\"></span>er ite<span class=\"_ _9\"></span>ms\u2019 colum<span class=\"_ _9\"></span>n.<span class=\"_ _335\"> </span><div class=\"t m0 h11 ff1 fs9 fc2 sc0 ls10c ws179 gs1e7\">EMPLO<span class=\"_ _11\"></span>YEE C<span class=\"_ _2\"></span>OSTS<span class=\"_ _335\"> </span></div><div class=\"gs1e8\"><table class=\"s w125 hcd\" id=\"_d48c30d4-c68d-46f9-9f06-9c5946efdf74\"><tr><td></td><td class=\"t m0 x2ba h15 y3335 ff2 fsd fc2 sc0 ls3f wsbc\">2026 </td><td class=\"t m0 x247 h15 y3335 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _9\"></span> </td></tr><tr><td></td><td class=\"t m0 x24d h15 y3336 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3336 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y3337 w126 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Salaries and<span class=\"_ _11\"></span> wages<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c1 y3337 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">69<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c2 y3337 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">71<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y329a w127 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls3c ws143\">Empl<span class=\"_ _9\"></span>oyer p<span class=\"_ _9\"></span>ay<span class=\"_ _9\"></span>roll<span class=\"_ _9\"></span> taxes<span class=\"_ _335\"> </span></div></td><td class=\"c n x61d y329a w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td><td class=\"c n x61e y329a w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y329b w128 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other employee costs<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c3 y329b w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c4 y329b w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3227 w129 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Share-based payments (<span class=\"_ _11\"></span>note 3<span class=\"_ _11\"></span>5)<span class=\"_ _335\"> </span></div></td><td class=\"c n x2ad y3227 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">9<span class=\"_ _335\"> </span></div></td><td class=\"c n x2ae y3227 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n x6c5 y3228 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">93<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c6 y3228 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">92<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"gs1e9\"><table class=\"s w12a hce\" id=\"_f65c64ca-8708-44fd-81c0-d71a6c811013\"><tr><td></td><td class=\"t m0 x2ba h15 y3338 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y3338 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x5c0 h15 y3339 ff2 fsd fc2 sc0 ls77 ws7d\">Number<span class=\"_ _335\"> </span></td><td class=\"t m0 x421 h15 y3339 ff3 fsd fc2 sc0 ls76 ws13e\">Number<span class=\"_ _335\"> </span></td></tr><tr><td class=\"t m0 x297 h9 y333a ff2 fs6 fc2 sc0 ls22 ws1\">The avera<span class=\"_ _9\"></span>ge monthl<span class=\"_ _9\"></span>y numb<span class=\"_ _9\"></span>er of em<span class=\"_ _9\"></span>ployees d<span class=\"_ _9\"></span>uring the yea<span class=\"_ _9\"></span>r was:<span class=\"_ _335\"> </span></td><td></td><td></td></tr><tr><td class=\"c n x24f y32e2 w12b hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Indirect proper<span class=\"_ _9\"></span>ty or contract and admin<span class=\"_ _11\"></span>is<span class=\"_ _9\"></span>tration<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c7 y32e2 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">367<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c8 y32e2 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">394<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x297 h9 y333b ff3 fs6 fc2 sc0 ls29 ws28\">Direct proper<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y or contract services:<span class=\"_ _335\"> </span></td><td></td><td></td></tr><tr><td class=\"c x2a6 y32e4 w12c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls19 ws9e\">Full<span class=\"_ _2\"></span>-time</div><div class=\"t m0 x6c9 h16 y32a3 ff3 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x2a0 y32cb w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">312<span class=\"_ _335\"> </span></div></td><td class=\"c n x2b5 y32cb w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">291<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x2a6 y32cc w12d hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls19 ws9e\">Part-time<span class=\"_ _335\"> </span></div></td><td class=\"c n x6ca y32cc w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">21<span class=\"_ _335\"> </span></div></td><td class=\"c n x6cb y32cc w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">19<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n x2a0 y32cd w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">700<span class=\"_ _335\"> </span></div></td><td class=\"c n x2b5 y32cd w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">704<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls5 ws1 gs1ea\">1. <span class=\"_ _9\"></span>D<span class=\"_ _9\"></span>uri<span class=\"_ _9\"></span>ng th<span class=\"_ _9\"></span>e yea<span class=\"_ _9\"></span>r <span class=\"ff2 ls83 ws87\">20</span> (202<span class=\"_ _2\"></span>5<span class=\"_ _2\"></span>: 37) empl<span class=\"_ _9\"></span>oyee<span class=\"_ _9\"></span>s we<span class=\"_ _9\"></span>re tr<span class=\"_ _9\"></span>ans<span class=\"_ _9\"></span>fe<span class=\"_ _9\"></span>rre<span class=\"_ _9\"></span>d in by T<span class=\"_ _9\"></span>UPE as a re<span class=\"_ _9\"></span>su<span class=\"_ _9\"></span>lt of a<span class=\"_ _9\"></span>cq<span class=\"_ _9\"></span>uis<span class=\"_ _9\"></span>iti<span class=\"_ _9\"></span>on<span class=\"_ _9\"></span>s.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls26 ws1 gs1eb\">With th<span class=\"_ _9\"></span>e excep<span class=\"_ _9\"></span>tion of th<span class=\"_ _9\"></span>e E<span class=\"_ _9\"></span>xecu<span class=\"_ _9\"></span>tive Dir<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>to<span class=\"_ _9\"></span>rs w<span class=\"_ _9\"></span>ho are em<span class=\"_ _9\"></span>ploye<span class=\"_ _9\"></span>d by Land Se<span class=\"_ _9\"></span>curi<span class=\"_ _9\"></span>ties G<span class=\"_ _9\"></span>roup PLC, all emp<span class=\"_ _9\"></span>loyee<span class=\"_ _9\"></span>s are emp<span class=\"_ _9\"></span>loyed by sub<span class=\"_ _9\"></span>sidiar<span class=\"_ _9\"></span>ies of th<span class=\"_ _9\"></span>e </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs1ec\">Group. The emp<span class=\"_ _9\"></span>loyee c<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>ts fo<span class=\"_ _9\"></span>r Land S<span class=\"_ _9\"></span>ecu<span class=\"_ _9\"></span>ritie<span class=\"_ _9\"></span>s Gro<span class=\"_ _9\"></span>up PLC are borne by ano<span class=\"_ _9\"></span>the<span class=\"_ _9\"></span>r Group c<span class=\"_ _9\"></span>omp<span class=\"_ _9\"></span>any<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls26 ws1 gs1ed\">Durin<span class=\"_ _9\"></span>g the yea<span class=\"_ _9\"></span>r<span class=\"_ _11\"></span>, <span class=\"ff2 ls31 ws10c\">none</span><span class=\"ls1f ws28\"> (20<span class=\"_ _2\"></span>25<span class=\"_ _2\"></span>: none<span class=\"_ _11\"></span>) of the<span class=\"_ _2\"></span> Executive Directors had retirement<span class=\"_ _11\"></span> b<span class=\"_ _9\"></span>enefits accruing u<span class=\"_ _2\"></span>nder the de<span class=\"_ _2\"></span>fined benefit scheme<span class=\"_ _11\"></span>. Information </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls26 ws1 gs1ee\">on Dire<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tor<span class=\"_ _9\"></span>s\u2019 emo<span class=\"_ _9\"></span>lume<span class=\"_ _9\"></span>nts sh<span class=\"_ _9\"></span>are op<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>s and inter<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>ts i<span class=\"_ _9\"></span>n the Co<span class=\"_ _9\"></span>mpany<span class=\"_ _9\"></span>\u2019<span class=\"_ _11\"></span>s sh<span class=\"_ _9\"></span>ares i<span class=\"_ _9\"></span>s given in th<span class=\"_ _9\"></span>e Dire<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tor<span class=\"_ _9\"></span>s\u2019 Remuner<span class=\"_ _9\"></span>ation Rep<span class=\"_ _9\"></span>or<span class=\"_ _a\"></span>t on pag<span class=\"_ _9\"></span>es 68-7<span class=\"_ _2\"></span>9<span class=\"_ _1\"></span>.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs1ef\">Details of<span class=\"_ _2\"></span> the employ<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>e costs associated with the Grou<span class=\"_ _11\"></span>p\u2019<span class=\"_ _11\"></span>s key<span class=\"_ _2\"></span> management personnel are<span class=\"_ _2\"></span> included in<span class=\"_ _2\"></span> note 3<span class=\"_ _11\"></span>9<span class=\"_ _1\"></span>.<span class=\"_ _335\"> </span></div><div class=\"t m0 ha2 ff1 fs7 fc0 sc0 ls1 ws1 gs1f0\">8<span class=\"_ _1c0\"> </span><span class=\"fc4 lsd2 wsf3\">A<span class=\"_ _11\"></span>UDITOR REMUNER<span class=\"_ _a\"></span>A<span class=\"_ _1\"></span>TION<span class=\"_ _335\"> </span></span></div><div class=\"gs1f1\"><table class=\"s w12e hcf\" id=\"_914e2d3f-33d5-45f1-85ac-39a23cdde6ce\"><tr><td></td><td class=\"t m0 x6cc h15 y333c ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x440 h15 y333c ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x6cd h15 y333d ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x446 h15 y333d ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"t m0 x6ce h9 y333e ff2 fs6 fc2 sc0 ls22 ws1\">Ser<span class=\"_ _9\"></span>vi<span class=\"_ _9\"></span>ces provi<span class=\"_ _9\"></span>ded by the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _2\"></span>s auditor<span class=\"_ _335\"> </span></td><td></td><td></td></tr><tr><td class=\"t m0 x6ce h9 y333f ff3 fs6 fc2 sc0 ls152 wsbe\">Au<span class=\"_ _9\"></span>d<span class=\"_ _9\"></span>i<span class=\"_ _a\"></span>t f<span class=\"_ _9\"></span>e<span class=\"_ _9\"></span>e<span class=\"_ _a\"></span>s:<span class=\"_ _335\"> </span></td><td></td><td></td></tr><tr><td class=\"c n x6cf y32e0 w12f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Audit of<span class=\"_ _2\"></span> P<span class=\"_ _2\"></span>arent Compan<span class=\"_ _11\"></span>y and consolidated fi<span class=\"_ _2\"></span>nancial statemen<span class=\"_ _2\"></span>ts<span class=\"_ _335\"> </span></div></td><td class=\"c n x6d0 y32e0 w130 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1.3<span class=\"_ _335\"> </span></div></td><td class=\"c n x6d1 y32e0 w131 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1.3<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x6cf y32e1 w132 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls37 ws34\">Audit of subsidiar<span class=\"_ _9\"></span>y un<span class=\"_ _9\"></span>der<span class=\"_ _9\"></span>taking<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n x6d2 y32e1 w133 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">0.5<span class=\"_ _335\"> </span></div></td><td class=\"c n x6d3 y32e1 w131 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">0.8<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x6cf y32c9 w134 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Audit o<span class=\"_ _9\"></span>f joint ve<span class=\"_ _9\"></span>ntures<span class=\"_ _335\"> </span></div></td><td class=\"c n x6d2 y32c9 w133 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">0.2<span class=\"_ _335\"> </span></div></td><td class=\"c n x6d3 y32c9 w131 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">0.1<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n x6d4 y32ca w130 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">2.0<span class=\"_ _335\"> </span></div></td><td class=\"c n x6d5 y32ca w131 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">2.2<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x4c3 h9 y3340 ff3 fs6 fc2 sc0 ls29 ws28\">Non-audit fees<span class=\"_ _11\"></span>:<span class=\"_ _335\"> </span></td><td></td><td></td></tr><tr><td class=\"c n x6cf y32cc w135 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other assurance services<span class=\"_ _335\"> </span></div></td><td class=\"c n x6d6 y32cc w130 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">0.4<span class=\"_ _335\"> </span></div></td><td class=\"c n x6d7 y32cc w131 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">0.3<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n x6d4 y32cd w130 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">2.4<span class=\"_ _335\"> </span></div></td><td class=\"c n x6d5 y32cd w131 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">2.5<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs1f2\">It is the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _11\"></span>s p<span class=\"_ _9\"></span>oli<span class=\"_ _9\"></span>cy to em<span class=\"_ _9\"></span>ploy th<span class=\"_ _9\"></span>e Group\u2019s auditor on as<span class=\"_ _9\"></span>signm<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s addi<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>al to their s<span class=\"_ _9\"></span>ta<span class=\"_ _9\"></span>tutor<span class=\"_ _a\"></span>y duties w<span class=\"_ _9\"></span>her<span class=\"_ _9\"></span>e their ex<span class=\"_ _9\"></span>per<span class=\"_ _a\"></span>tise and ex<span class=\"_ _9\"></span>per<span class=\"_ _9\"></span>ienc<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs1f3\">with th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up are imp<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>tant. Whe<span class=\"_ _9\"></span>re app<span class=\"_ _9\"></span>ropr<span class=\"_ _9\"></span>iate th<span class=\"_ _9\"></span>e Group s<span class=\"_ _9\"></span>eek<span class=\"_ _9\"></span>s ten<span class=\"_ _9\"></span>der<span class=\"_ _9\"></span>s for se<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>vi<span class=\"_ _9\"></span>ces. If fee<span class=\"_ _9\"></span>s for an a<span class=\"_ _9\"></span>ssig<span class=\"_ _9\"></span>nmen<span class=\"_ _9\"></span>t are exp<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d to be gr<span class=\"_ _9\"></span>eate<span class=\"_ _9\"></span>r<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs1f4\">than \u00a3<span class=\"_ _9\"></span>25,<span class=\"_ _11\"></span>0<span class=\"_ _9\"></span>00, they are pr<span class=\"_ _9\"></span>e-ap<span class=\"_ _9\"></span>proved by th<span class=\"_ _9\"></span>e Audit C<span class=\"_ _9\"></span>omm<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>tee.</div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfExpensesExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-445": {
   "value": "A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>The car<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>yin<span class=\"_ _9\"></span>g amoun<span class=\"_ _9\"></span>ts of th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s non-finan<span class=\"_ _9\"></span>cial as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ts, oth<span class=\"_ _9\"></span>er than i<span class=\"_ _9\"></span>nves<span class=\"_ _9\"></span>tment p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s, are rev<span class=\"_ _9\"></span>iewed a<span class=\"_ _9\"></span>t ea<span class=\"_ _9\"></span>ch rep<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>ng da<span class=\"_ _9\"></span>te to dete<span class=\"_ _9\"></span>rmine<span class=\"_ _335\"> </span>whe<span class=\"_ _9\"></span>the<span class=\"_ _9\"></span>r there i<span class=\"_ _9\"></span>s any indica<span class=\"_ _9\"></span>tion of im<span class=\"_ _9\"></span>pairm<span class=\"_ _9\"></span>ent. If any such indi<span class=\"_ _9\"></span>cati<span class=\"_ _9\"></span>on exis<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s, the as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>t\u2019s recoverab<span class=\"_ _9\"></span>le amo<span class=\"_ _9\"></span>unt is e<span class=\"_ _9\"></span>stim<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>d. An impairm<span class=\"_ _9\"></span>ent l<span class=\"_ _9\"></span>oss<span class=\"_ _9\"></span> is rec<span class=\"_ _9\"></span>ogni<span class=\"_ _9\"></span>sed in th<span class=\"_ _9\"></span>e inco<span class=\"_ _9\"></span>me s<span class=\"_ _9\"></span>tate<span class=\"_ _9\"></span>ment w<span class=\"_ _9\"></span>he<span class=\"_ _9\"></span>never th<span class=\"_ _9\"></span>e carr<span class=\"_ _9\"></span>y<span class=\"_ _9\"></span>ing amo<span class=\"_ _9\"></span>unt of an a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>t exce<span class=\"_ _9\"></span>eds i<span class=\"_ _9\"></span>ts re<span class=\"_ _9\"></span>cover<span class=\"_ _9\"></span>able am<span class=\"_ _9\"></span>ount. The re<span class=\"_ _9\"></span>covera<span class=\"_ _9\"></span>ble am<span class=\"_ _9\"></span>ount of<span class=\"_ _335\"> </span>an ass<span class=\"_ _9\"></span>et is th<span class=\"_ _9\"></span>e grea<span class=\"_ _9\"></span>ter of i<span class=\"_ _9\"></span>ts f<span class=\"_ _9\"></span>air value le<span class=\"_ _9\"></span>ss c<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>ts to se<span class=\"_ _9\"></span>ll and i<span class=\"_ _9\"></span>ts valu<span class=\"_ _9\"></span>e in use. The value in u<span class=\"_ _9\"></span>se is de<span class=\"_ _9\"></span>term<span class=\"_ _9\"></span>ine<span class=\"_ _9\"></span>d as the ne<span class=\"_ _9\"></span>t pre<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>nt value of th<span class=\"_ _9\"></span>e futu<span class=\"_ _9\"></span>re<span class=\"_ _335\"> </span>cash flow<span class=\"_ _9\"></span>s exp<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d to be d<span class=\"_ _9\"></span>erive<span class=\"_ _9\"></span>d from th<span class=\"_ _9\"></span>e ass<span class=\"_ _9\"></span>et, dis<span class=\"_ _9\"></span>counte<span class=\"_ _9\"></span>d usin<span class=\"_ _9\"></span>g a pre-ta<span class=\"_ _9\"></span>x disco<span class=\"_ _9\"></span>unt rate th<span class=\"_ _9\"></span>at refl<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s curre<span class=\"_ _9\"></span>nt mar<span class=\"_ _9\"></span>ket ass<span class=\"_ _9\"></span>ess<span class=\"_ _9\"></span>ment<span class=\"_ _9\"></span>s of th<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span>time value o<span class=\"_ _9\"></span>f mon<span class=\"_ _9\"></span>ey and the r<span class=\"_ _9\"></span>isk<span class=\"_ _9\"></span>s spe<span class=\"_ _9\"></span>cific to the a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>t. An impair<span class=\"_ _9\"></span>ment l<span class=\"_ _9\"></span>oss i<span class=\"_ _9\"></span>s rever<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>d if ther<span class=\"_ _9\"></span>e has b<span class=\"_ _9\"></span>een a c<span class=\"_ _9\"></span>hang<span class=\"_ _9\"></span>e in the es<span class=\"_ _9\"></span>tim<span class=\"_ _9\"></span>ates u<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>d to<span class=\"_ _335\"> </span>dete<span class=\"_ _9\"></span>rmine th<span class=\"_ _9\"></span>e rec<span class=\"_ _9\"></span>overabl<span class=\"_ _9\"></span>e amo<span class=\"_ _9\"></span>unt. An impair<span class=\"_ _9\"></span>ment l<span class=\"_ _9\"></span>oss i<span class=\"_ _9\"></span>s rever<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>d only to th<span class=\"_ _9\"></span>e ex<span class=\"_ _9\"></span>tent th<span class=\"_ _9\"></span>at th<span class=\"_ _9\"></span>e asse<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>\u2019<span class=\"_ _11\"></span>s c<span class=\"_ _9\"></span>arr<span class=\"_ _9\"></span>yi<span class=\"_ _9\"></span>ng amo<span class=\"_ _9\"></span>unt af<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>r the rever<span class=\"_ _9\"></span>sal d<span class=\"_ _9\"></span>oe<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span>not exceed the<span class=\"_ _2\"></span> amount t<span class=\"_ _2\"></span>hat would<span class=\"_ _2\"></span> have been determined<span class=\"_ _11\"></span>, net of applicable depreciat<span class=\"_ _2\"></span>ion, i<span class=\"_ _2\"></span>f no impai<span class=\"_ _11\"></span>rment loss had been recognised.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-466": {
   "value": "A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>The car<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>yin<span class=\"_ _9\"></span>g amoun<span class=\"_ _9\"></span>ts of th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s non-finan<span class=\"_ _9\"></span>cial as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ts, oth<span class=\"_ _9\"></span>er than i<span class=\"_ _9\"></span>nves<span class=\"_ _9\"></span>tment p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s, are rev<span class=\"_ _9\"></span>iewed a<span class=\"_ _9\"></span>t ea<span class=\"_ _9\"></span>ch rep<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>ng da<span class=\"_ _9\"></span>te to dete<span class=\"_ _9\"></span>rmine<span class=\"_ _335\"> </span>whe<span class=\"_ _9\"></span>the<span class=\"_ _9\"></span>r there i<span class=\"_ _9\"></span>s any indica<span class=\"_ _9\"></span>tion of im<span class=\"_ _9\"></span>pairm<span class=\"_ _9\"></span>ent. If any such indi<span class=\"_ _9\"></span>cati<span class=\"_ _9\"></span>on exis<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s, the as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>t\u2019s recoverab<span class=\"_ _9\"></span>le amo<span class=\"_ _9\"></span>unt is e<span class=\"_ _9\"></span>stim<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>d. An impairm<span class=\"_ _9\"></span>ent l<span class=\"_ _9\"></span>oss<span class=\"_ _9\"></span> is rec<span class=\"_ _9\"></span>ogni<span class=\"_ _9\"></span>sed in th<span class=\"_ _9\"></span>e inco<span class=\"_ _9\"></span>me s<span class=\"_ _9\"></span>tate<span class=\"_ _9\"></span>ment w<span class=\"_ _9\"></span>he<span class=\"_ _9\"></span>never th<span class=\"_ _9\"></span>e carr<span class=\"_ _9\"></span>y<span class=\"_ _9\"></span>ing amo<span class=\"_ _9\"></span>unt of an a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>t exce<span class=\"_ _9\"></span>eds i<span class=\"_ _9\"></span>ts re<span class=\"_ _9\"></span>cover<span class=\"_ _9\"></span>able am<span class=\"_ _9\"></span>ount. The re<span class=\"_ _9\"></span>covera<span class=\"_ _9\"></span>ble am<span class=\"_ _9\"></span>ount of<span class=\"_ _335\"> </span>an ass<span class=\"_ _9\"></span>et is th<span class=\"_ _9\"></span>e grea<span class=\"_ _9\"></span>ter of i<span class=\"_ _9\"></span>ts f<span class=\"_ _9\"></span>air value le<span class=\"_ _9\"></span>ss c<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>ts to se<span class=\"_ _9\"></span>ll and i<span class=\"_ _9\"></span>ts valu<span class=\"_ _9\"></span>e in use. The value in u<span class=\"_ _9\"></span>se is de<span class=\"_ _9\"></span>term<span class=\"_ _9\"></span>ine<span class=\"_ _9\"></span>d as the ne<span class=\"_ _9\"></span>t pre<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>nt value of th<span class=\"_ _9\"></span>e futu<span class=\"_ _9\"></span>re<span class=\"_ _335\"> </span>cash flow<span class=\"_ _9\"></span>s exp<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d to be d<span class=\"_ _9\"></span>erive<span class=\"_ _9\"></span>d from th<span class=\"_ _9\"></span>e ass<span class=\"_ _9\"></span>et, dis<span class=\"_ _9\"></span>counte<span class=\"_ _9\"></span>d usin<span class=\"_ _9\"></span>g a pre-ta<span class=\"_ _9\"></span>x disco<span class=\"_ _9\"></span>unt rate th<span class=\"_ _9\"></span>at refl<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s curre<span class=\"_ _9\"></span>nt mar<span class=\"_ _9\"></span>ket ass<span class=\"_ _9\"></span>ess<span class=\"_ _9\"></span>ment<span class=\"_ _9\"></span>s of th<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span>time value o<span class=\"_ _9\"></span>f mon<span class=\"_ _9\"></span>ey and the r<span class=\"_ _9\"></span>isk<span class=\"_ _9\"></span>s spe<span class=\"_ _9\"></span>cific to the a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>t. An impair<span class=\"_ _9\"></span>ment l<span class=\"_ _9\"></span>oss i<span class=\"_ _9\"></span>s rever<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>d if ther<span class=\"_ _9\"></span>e has b<span class=\"_ _9\"></span>een a c<span class=\"_ _9\"></span>hang<span class=\"_ _9\"></span>e in the es<span class=\"_ _9\"></span>tim<span class=\"_ _9\"></span>ates u<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>d to<span class=\"_ _335\"> </span>dete<span class=\"_ _9\"></span>rmine th<span class=\"_ _9\"></span>e rec<span class=\"_ _9\"></span>overabl<span class=\"_ _9\"></span>e amo<span class=\"_ _9\"></span>unt. An impair<span class=\"_ _9\"></span>ment l<span class=\"_ _9\"></span>oss i<span class=\"_ _9\"></span>s rever<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>d only to th<span class=\"_ _9\"></span>e ex<span class=\"_ _9\"></span>tent th<span class=\"_ _9\"></span>at th<span class=\"_ _9\"></span>e asse<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>\u2019<span class=\"_ _11\"></span>s c<span class=\"_ _9\"></span>arr<span class=\"_ _9\"></span>yi<span class=\"_ _9\"></span>ng amo<span class=\"_ _9\"></span>unt af<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>r the rever<span class=\"_ _9\"></span>sal d<span class=\"_ _9\"></span>oe<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span>not exceed the<span class=\"_ _2\"></span> amount t<span class=\"_ _2\"></span>hat would<span class=\"_ _2\"></span> have been determined<span class=\"_ _11\"></span>, net of applicable depreciat<span class=\"_ _2\"></span>ion, i<span class=\"_ _2\"></span>f no impai<span class=\"_ _11\"></span>rment loss had been recognised.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-446": {
   "value": "Rents paya<span class=\"_ _2\"></span>ble reflect amounts due u<span class=\"_ _2\"></span>nder head leases.<span class=\"_ _11\"></span> Wh<span class=\"_ _9\"></span>ere rents paya<span class=\"_ _2\"></span>ble are v<span class=\"_ _11\"></span>ariable, and<span class=\"_ _11\"></span> do not depend on an index<span class=\"_ _2\"></span> or rate<span class=\"_ _11\"></span>, the payments<span class=\"_ _335\"> </span>are rec<span class=\"_ _9\"></span>ogni<span class=\"_ _9\"></span>sed in th<span class=\"_ _9\"></span>e inco<span class=\"_ _9\"></span>me s<span class=\"_ _9\"></span>tate<span class=\"_ _9\"></span>ment a<span class=\"_ _9\"></span>s incurr<span class=\"_ _9\"></span>ed. Wher<span class=\"_ _9\"></span>e thes<span class=\"_ _9\"></span>e rent<span class=\"_ _9\"></span>s are fixe<span class=\"_ _9\"></span>d, or in-subs<span class=\"_ _9\"></span>tance fixe<span class=\"_ _9\"></span>d, at the in<span class=\"_ _9\"></span>cep<span class=\"_ _9\"></span>tion of th<span class=\"_ _9\"></span>e agre<span class=\"_ _9\"></span>em<span class=\"_ _9\"></span>ent, or be<span class=\"_ _9\"></span>com<span class=\"_ _9\"></span>e fixed o<span class=\"_ _9\"></span>r in-subs<span class=\"_ _9\"></span>tance fixe<span class=\"_ _9\"></span>d at s<span class=\"_ _9\"></span>ome p<span class=\"_ _9\"></span>oint over th<span class=\"_ _9\"></span>e life o<span class=\"_ _9\"></span>f the agre<span class=\"_ _9\"></span>em<span class=\"_ _9\"></span>ent, an as<span class=\"_ _9\"></span>set r<span class=\"_ _9\"></span>epre<span class=\"_ _9\"></span>sen<span class=\"_ _9\"></span>ting the r<span class=\"_ _9\"></span>ight to use th<span class=\"_ _9\"></span>e unde<span class=\"_ _9\"></span>rly<span class=\"_ _9\"></span>ing lan<span class=\"_ _9\"></span>d<span class=\"_ _335\"> </span>and a cor<span class=\"_ _9\"></span>resp<span class=\"_ _9\"></span>on<span class=\"_ _9\"></span>ding liab<span class=\"_ _9\"></span>ilit<span class=\"_ _9\"></span>y fo<span class=\"_ _9\"></span>r the pre<span class=\"_ _9\"></span>sen<span class=\"_ _9\"></span>t value of th<span class=\"_ _9\"></span>e minimum f<span class=\"_ _9\"></span>uture l<span class=\"_ _9\"></span>eas<span class=\"_ _9\"></span>e pa<span class=\"_ _9\"></span>yme<span class=\"_ _9\"></span>nts ar<span class=\"_ _9\"></span>e reco<span class=\"_ _9\"></span>gnis<span class=\"_ _9\"></span>ed on th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s bal<span class=\"_ _9\"></span>ance s<span class=\"_ _9\"></span>hee<span class=\"_ _9\"></span>t wi<span class=\"_ _9\"></span>thin<span class=\"_ _335\"> </span>Inv<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>stment proper<span class=\"_ _9\"></span>ties and borr<span class=\"_ _2\"></span>owings respectively<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Wher<span class=\"_ _9\"></span>e the Gr<span class=\"_ _9\"></span>oup\u2019<span class=\"_ _11\"></span>s le<span class=\"_ _9\"></span>ase<span class=\"_ _9\"></span>s trans<span class=\"_ _9\"></span>fe<span class=\"_ _9\"></span>r the signific<span class=\"_ _9\"></span>ant ris<span class=\"_ _9\"></span>ks and r<span class=\"_ _9\"></span>ewards inc<span class=\"_ _9\"></span>iden<span class=\"_ _9\"></span>tal to owne<span class=\"_ _9\"></span>rship o<span class=\"_ _9\"></span>f the und<span class=\"_ _9\"></span>erl<span class=\"_ _9\"></span>ying a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>t to the ten<span class=\"_ _9\"></span>ant, the le<span class=\"_ _9\"></span>ase i<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span>acco<span class=\"_ _9\"></span>unted fo<span class=\"_ _9\"></span>r as a finan<span class=\"_ _9\"></span>ce le<span class=\"_ _9\"></span>ase. At the out<span class=\"_ _9\"></span>set o<span class=\"_ _9\"></span>f the le<span class=\"_ _9\"></span>ase th<span class=\"_ _9\"></span>e fair valu<span class=\"_ _9\"></span>e of the as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>t is der<span class=\"_ _9\"></span>eco<span class=\"_ _9\"></span>gnis<span class=\"_ _9\"></span>ed fro<span class=\"_ _9\"></span>m inves<span class=\"_ _9\"></span>tmen<span class=\"_ _9\"></span>t prop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y an<span class=\"_ _9\"></span>d rec<span class=\"_ _9\"></span>ogni<span class=\"_ _9\"></span>sed<span class=\"_ _335\"> </span>as a fi<span class=\"_ _2\"></span>nance lease receiva<span class=\"_ _2\"></span>ble<span class=\"_ _2\"></span>. The fi<span class=\"_ _2\"></span>nance lease receiva<span class=\"_ _2\"></span>ble is derecognised<span class=\"_ _2\"></span> in the<span class=\"_ _2\"></span> event<span class=\"_ _2\"></span> that the lease<span class=\"_ _2\"></span> is termi<span class=\"_ _11\"></span>na<span class=\"_ _9\"></span>ted<span class=\"_ _2\"></span>. Lease income i<span class=\"_ _2\"></span>s recognised<span class=\"_ _335\"> </span>over the p<span class=\"_ _9\"></span>erio<span class=\"_ _9\"></span>d of the l<span class=\"_ _9\"></span>ea<span class=\"_ _9\"></span>se, reflec<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>ng a con<span class=\"_ _9\"></span>stan<span class=\"_ _9\"></span>t rate of r<span class=\"_ _9\"></span>eturn. The diffe<span class=\"_ _9\"></span>renc<span class=\"_ _9\"></span>e be<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>wee<span class=\"_ _9\"></span>n the gros<span class=\"_ _9\"></span>s re<span class=\"_ _9\"></span>ceiva<span class=\"_ _9\"></span>ble an<span class=\"_ _9\"></span>d the pre<span class=\"_ _9\"></span>sen<span class=\"_ _9\"></span>t value of th<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span>rec<span class=\"_ _9\"></span>eivab<span class=\"_ _9\"></span>le is re<span class=\"_ _9\"></span>cog<span class=\"_ _9\"></span>nise<span class=\"_ _9\"></span>d as financ<span class=\"_ _9\"></span>e inco<span class=\"_ _9\"></span>me wi<span class=\"_ _9\"></span>thin reven<span class=\"_ _9\"></span>ue over th<span class=\"_ _9\"></span>e lea<span class=\"_ _9\"></span>se term.<span class=\"_ _335\"> </span>A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>The Group<span class=\"_ _2\"></span> earns rent<span class=\"_ _2\"></span>al income<span class=\"_ _2\"></span> by leasing<span class=\"_ _11\"></span> i<span class=\"_ _9\"></span>ts proper<span class=\"_ _9\"></span>ties to<span class=\"_ _2\"></span> tenants u<span class=\"_ _2\"></span>nder non-cancel<span class=\"_ _2\"></span>lable operating<span class=\"_ _11\"></span> le<span class=\"_ _9\"></span>ases. Leases i<span class=\"_ _11\"></span>n which substantia<span class=\"_ _2\"></span>lly all<span class=\"_ _11\"></span> risks<span class=\"_ _335\"> </span>and reward<span class=\"_ _9\"></span>s incid<span class=\"_ _9\"></span>ental to own<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>ship of inves<span class=\"_ _9\"></span>tm<span class=\"_ _9\"></span>ent pr<span class=\"_ _9\"></span>ope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s are re<span class=\"_ _9\"></span>taine<span class=\"_ _9\"></span>d by the Gro<span class=\"_ _9\"></span>up as the l<span class=\"_ _9\"></span>ess<span class=\"_ _9\"></span>or are c<span class=\"_ _9\"></span>las<span class=\"_ _9\"></span>sified as o<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>rating l<span class=\"_ _9\"></span>eas<span class=\"_ _9\"></span>es. Paymen<span class=\"_ _9\"></span>ts,<span class=\"_ _335\"> </span>including<span class=\"_ _11\"></span> prep<span class=\"_ _9\"></span>ayments, received under<span class=\"_ _2\"></span> operating leases (<span class=\"_ _1\"></span>ne<span class=\"_ _9\"></span>t of an<span class=\"_ _11\"></span>y incentives paid<span class=\"_ _11\"></span>) are charged to<span class=\"_ _11\"></span> the income statement on a<span class=\"_ _2\"></span> straight<span class=\"_ _11\"></span>-line basis<span class=\"_ _335\"> </span>over the p<span class=\"_ _9\"></span>erio<span class=\"_ _9\"></span>d of the l<span class=\"_ _9\"></span>ea<span class=\"_ _9\"></span>se.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForLeasesExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-403": {
   "value": "EMPLO<span class=\"_ _11\"></span>YEE C<span class=\"_ _2\"></span>OSTS<span class=\"_ _335\"> </span><table class=\"s w125 hcd\" id=\"_d48c30d4-c68d-46f9-9f06-9c5946efdf74\"><tr><td></td><td class=\"t m0 x2ba h15 y3335 ff2 fsd fc2 sc0 ls3f wsbc\">2026 </td><td class=\"t m0 x247 h15 y3335 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _9\"></span> </td></tr><tr><td></td><td class=\"t m0 x24d h15 y3336 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3336 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y3337 w126 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Salaries and<span class=\"_ _11\"></span> wages<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c1 y3337 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">69<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c2 y3337 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">71<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y329a w127 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls3c ws143\">Empl<span class=\"_ _9\"></span>oyer p<span class=\"_ _9\"></span>ay<span class=\"_ _9\"></span>roll<span class=\"_ _9\"></span> taxes<span class=\"_ _335\"> </span></div></td><td class=\"c n x61d y329a w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td><td class=\"c n x61e y329a w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y329b w128 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other employee costs<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c3 y329b w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c4 y329b w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3227 w129 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Share-based payments (<span class=\"_ _11\"></span>note 3<span class=\"_ _11\"></span>5)<span class=\"_ _335\"> </span></div></td><td class=\"c n x2ad y3227 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">9<span class=\"_ _335\"> </span></div></td><td class=\"c n x2ae y3227 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n x6c5 y3228 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">93<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c6 y3228 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">92<span class=\"_ _335\"> </span></div></td></tr></table><table class=\"s w12a hce\" id=\"_f65c64ca-8708-44fd-81c0-d71a6c811013\"><tr><td></td><td class=\"t m0 x2ba h15 y3338 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y3338 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x5c0 h15 y3339 ff2 fsd fc2 sc0 ls77 ws7d\">Number<span class=\"_ _335\"> </span></td><td class=\"t m0 x421 h15 y3339 ff3 fsd fc2 sc0 ls76 ws13e\">Number<span class=\"_ _335\"> </span></td></tr><tr><td class=\"t m0 x297 h9 y333a ff2 fs6 fc2 sc0 ls22 ws1\">The avera<span class=\"_ _9\"></span>ge monthl<span class=\"_ _9\"></span>y numb<span class=\"_ _9\"></span>er of em<span class=\"_ _9\"></span>ployees d<span class=\"_ _9\"></span>uring the yea<span class=\"_ _9\"></span>r was:<span class=\"_ _335\"> </span></td><td></td><td></td></tr><tr><td class=\"c n x24f y32e2 w12b hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Indirect proper<span class=\"_ _9\"></span>ty or contract and admin<span class=\"_ _11\"></span>is<span class=\"_ _9\"></span>tration<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c7 y32e2 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">367<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c8 y32e2 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">394<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x297 h9 y333b ff3 fs6 fc2 sc0 ls29 ws28\">Direct proper<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y or contract services:<span class=\"_ _335\"> </span></td><td></td><td></td></tr><tr><td class=\"c x2a6 y32e4 w12c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls19 ws9e\">Full<span class=\"_ _2\"></span>-time</div><div class=\"t m0 x6c9 h16 y32a3 ff3 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x2a0 y32cb w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">312<span class=\"_ _335\"> </span></div></td><td class=\"c n x2b5 y32cb w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">291<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x2a6 y32cc w12d hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls19 ws9e\">Part-time<span class=\"_ _335\"> </span></div></td><td class=\"c n x6ca y32cc w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">21<span class=\"_ _335\"> </span></div></td><td class=\"c n x6cb y32cc w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">19<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n x2a0 y32cd w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">700<span class=\"_ _335\"> </span></div></td><td class=\"c n x2b5 y32cd w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">704<span class=\"_ _335\"> </span></div></td></tr></table>1. <span class=\"_ _9\"></span>D<span class=\"_ _9\"></span>uri<span class=\"_ _9\"></span>ng th<span class=\"_ _9\"></span>e yea<span class=\"_ _9\"></span>r <span class=\"ff2 ls83 ws87\">20</span> (202<span class=\"_ _2\"></span>5<span class=\"_ _2\"></span>: 37) empl<span class=\"_ _9\"></span>oyee<span class=\"_ _9\"></span>s we<span class=\"_ _9\"></span>re tr<span class=\"_ _9\"></span>ans<span class=\"_ _9\"></span>fe<span class=\"_ _9\"></span>rre<span class=\"_ _9\"></span>d in by T<span class=\"_ _9\"></span>UPE as a re<span class=\"_ _9\"></span>su<span class=\"_ _9\"></span>lt of a<span class=\"_ _9\"></span>cq<span class=\"_ _9\"></span>uis<span class=\"_ _9\"></span>iti<span class=\"_ _9\"></span>on<span class=\"_ _9\"></span>s.<span class=\"_ _335\"> </span>With th<span class=\"_ _9\"></span>e excep<span class=\"_ _9\"></span>tion of th<span class=\"_ _9\"></span>e E<span class=\"_ _9\"></span>xecu<span class=\"_ _9\"></span>tive Dir<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>to<span class=\"_ _9\"></span>rs w<span class=\"_ _9\"></span>ho are em<span class=\"_ _9\"></span>ploye<span class=\"_ _9\"></span>d by Land Se<span class=\"_ _9\"></span>curi<span class=\"_ _9\"></span>ties G<span class=\"_ _9\"></span>roup PLC, all emp<span class=\"_ _9\"></span>loyee<span class=\"_ _9\"></span>s are emp<span class=\"_ _9\"></span>loyed by sub<span class=\"_ _9\"></span>sidiar<span class=\"_ _9\"></span>ies of th<span class=\"_ _9\"></span>e Group. The emp<span class=\"_ _9\"></span>loyee c<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>ts fo<span class=\"_ _9\"></span>r Land S<span class=\"_ _9\"></span>ecu<span class=\"_ _9\"></span>ritie<span class=\"_ _9\"></span>s Gro<span class=\"_ _9\"></span>up PLC are borne by ano<span class=\"_ _9\"></span>the<span class=\"_ _9\"></span>r Group c<span class=\"_ _9\"></span>omp<span class=\"_ _9\"></span>any<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>Durin<span class=\"_ _9\"></span>g the yea<span class=\"_ _9\"></span>r<span class=\"_ _11\"></span>, <span class=\"ff2 ls31 ws10c\">none</span><span class=\"ls1f ws28\"> (20<span class=\"_ _2\"></span>25<span class=\"_ _2\"></span>: none<span class=\"_ _11\"></span>) of the<span class=\"_ _2\"></span> Executive Directors had retirement<span class=\"_ _11\"></span> b<span class=\"_ _9\"></span>enefits accruing u<span class=\"_ _2\"></span>nder the de<span class=\"_ _2\"></span>fined benefit scheme<span class=\"_ _11\"></span>. Information </span>on Dire<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tor<span class=\"_ _9\"></span>s\u2019 emo<span class=\"_ _9\"></span>lume<span class=\"_ _9\"></span>nts sh<span class=\"_ _9\"></span>are op<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>s and inter<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>ts i<span class=\"_ _9\"></span>n the Co<span class=\"_ _9\"></span>mpany<span class=\"_ _9\"></span>\u2019<span class=\"_ _11\"></span>s sh<span class=\"_ _9\"></span>ares i<span class=\"_ _9\"></span>s given in th<span class=\"_ _9\"></span>e Dire<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tor<span class=\"_ _9\"></span>s\u2019 Remuner<span class=\"_ _9\"></span>ation Rep<span class=\"_ _9\"></span>or<span class=\"_ _a\"></span>t on pag<span class=\"_ _9\"></span>es 68-7<span class=\"_ _2\"></span>9<span class=\"_ _1\"></span>.<span class=\"_ _335\"> </span>Details of<span class=\"_ _2\"></span> the employ<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>e costs associated with the Grou<span class=\"_ _11\"></span>p\u2019<span class=\"_ _11\"></span>s key<span class=\"_ _2\"></span> management personnel are<span class=\"_ _2\"></span> included in<span class=\"_ _2\"></span> note 3<span class=\"_ _11\"></span>9<span class=\"_ _1\"></span>.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInformationAboutEmployeesExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-402": {
   "value": "8<span class=\"_ _1c0\"> </span><span class=\"fc4 lsd2 wsf3\">A<span class=\"_ _11\"></span>UDITOR REMUNER<span class=\"_ _a\"></span>A<span class=\"_ _1\"></span>TION<span class=\"_ _335\"> </span></span><table class=\"s w12e hcf\" id=\"_914e2d3f-33d5-45f1-85ac-39a23cdde6ce\"><tr><td></td><td class=\"t m0 x6cc h15 y333c ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x440 h15 y333c ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x6cd h15 y333d ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x446 h15 y333d ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"t m0 x6ce h9 y333e ff2 fs6 fc2 sc0 ls22 ws1\">Ser<span class=\"_ _9\"></span>vi<span class=\"_ _9\"></span>ces provi<span class=\"_ _9\"></span>ded by the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _2\"></span>s auditor<span class=\"_ _335\"> </span></td><td></td><td></td></tr><tr><td class=\"t m0 x6ce h9 y333f ff3 fs6 fc2 sc0 ls152 wsbe\">Au<span class=\"_ _9\"></span>d<span class=\"_ _9\"></span>i<span class=\"_ _a\"></span>t f<span class=\"_ _9\"></span>e<span class=\"_ _9\"></span>e<span class=\"_ _a\"></span>s:<span class=\"_ _335\"> </span></td><td></td><td></td></tr><tr><td class=\"c n x6cf y32e0 w12f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Audit of<span class=\"_ _2\"></span> P<span class=\"_ _2\"></span>arent Compan<span class=\"_ _11\"></span>y and consolidated fi<span class=\"_ _2\"></span>nancial statemen<span class=\"_ _2\"></span>ts<span class=\"_ _335\"> </span></div></td><td class=\"c n x6d0 y32e0 w130 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1.3<span class=\"_ _335\"> </span></div></td><td class=\"c n x6d1 y32e0 w131 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1.3<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x6cf y32e1 w132 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls37 ws34\">Audit of subsidiar<span class=\"_ _9\"></span>y un<span class=\"_ _9\"></span>der<span class=\"_ _9\"></span>taking<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n x6d2 y32e1 w133 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">0.5<span class=\"_ _335\"> </span></div></td><td class=\"c n x6d3 y32e1 w131 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">0.8<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x6cf y32c9 w134 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Audit o<span class=\"_ _9\"></span>f joint ve<span class=\"_ _9\"></span>ntures<span class=\"_ _335\"> </span></div></td><td class=\"c n x6d2 y32c9 w133 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">0.2<span class=\"_ _335\"> </span></div></td><td class=\"c n x6d3 y32c9 w131 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">0.1<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n x6d4 y32ca w130 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">2.0<span class=\"_ _335\"> </span></div></td><td class=\"c n x6d5 y32ca w131 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">2.2<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x4c3 h9 y3340 ff3 fs6 fc2 sc0 ls29 ws28\">Non-audit fees<span class=\"_ _11\"></span>:<span class=\"_ _335\"> </span></td><td></td><td></td></tr><tr><td class=\"c n x6cf y32cc w135 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other assurance services<span class=\"_ _335\"> </span></div></td><td class=\"c n x6d6 y32cc w130 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">0.4<span class=\"_ _335\"> </span></div></td><td class=\"c n x6d7 y32cc w131 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">0.3<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n x6d4 y32cd w130 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">2.4<span class=\"_ _335\"> </span></div></td><td class=\"c n x6d5 y32cd w131 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">2.5<span class=\"_ _335\"> </span></div></td></tr></table>It is the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _11\"></span>s p<span class=\"_ _9\"></span>oli<span class=\"_ _9\"></span>cy to em<span class=\"_ _9\"></span>ploy th<span class=\"_ _9\"></span>e Group\u2019s auditor on as<span class=\"_ _9\"></span>signm<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s addi<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>al to their s<span class=\"_ _9\"></span>ta<span class=\"_ _9\"></span>tutor<span class=\"_ _a\"></span>y duties w<span class=\"_ _9\"></span>her<span class=\"_ _9\"></span>e their ex<span class=\"_ _9\"></span>per<span class=\"_ _a\"></span>tise and ex<span class=\"_ _9\"></span>per<span class=\"_ _9\"></span>ienc<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span>with th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up are imp<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>tant. Whe<span class=\"_ _9\"></span>re app<span class=\"_ _9\"></span>ropr<span class=\"_ _9\"></span>iate th<span class=\"_ _9\"></span>e Group s<span class=\"_ _9\"></span>eek<span class=\"_ _9\"></span>s ten<span class=\"_ _9\"></span>der<span class=\"_ _9\"></span>s for se<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>vi<span class=\"_ _9\"></span>ces. If fee<span class=\"_ _9\"></span>s for an a<span class=\"_ _9\"></span>ssig<span class=\"_ _9\"></span>nmen<span class=\"_ _9\"></span>t are exp<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d to be gr<span class=\"_ _9\"></span>eate<span class=\"_ _9\"></span>r<span class=\"_ _335\"> </span>than \u00a3<span class=\"_ _9\"></span>25,<span class=\"_ _11\"></span>0<span class=\"_ _9\"></span>00, they are pr<span class=\"_ _9\"></span>e-ap<span class=\"_ _9\"></span>proved by th<span class=\"_ _9\"></span>e Audit C<span class=\"_ _9\"></span>omm<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>tee.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfAuditorsRemunerationExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-373": {
   "value": "<div class=\"t m0 ha2 ff1 fs7 fc0 sc0 ls1 ws1 gs1f9\">9<span class=\"_ _1c0\"> </span><span class=\"fc4 lsd2 wsf3\">NET F<span class=\"_ _11\"></span>INANCE E<span class=\"_ _9\"></span>XPENSE<span class=\"_ _335\"> </span></span></div><div class=\"gs1fa\"><table class=\"s w136 hd0\" id=\"_34a34d95-7e00-47e7-b398-1720f7a29f19\"><tr><td></td><td></td><td></td><td class=\"c n x23a y3341 w1c hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></div></td><td></td><td></td><td class=\"c n x23b y3341 w1d hb8\"><div class=\"t m0 x239 h15 y320f ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td></td><td class=\"t m0 x581 h15 y3342 ff2 fsd fc2 sc0 ls8d ws95\">Cap<span class=\"_ _9\"></span>ital </td><td></td><td></td><td class=\"t m0 x23d h15 y3342 ff3 fsd fc2 sc0 ls76 ws13e\">Capital </td><td></td></tr><tr><td></td><td class=\"t m0 x23e h15 y3343 ff2 fsd fc2 sc0 ls1 ws1\">EPRA </td><td class=\"t m0 x23f h15 y3343 ff2 fsd fc2 sc0 ls41 ws36\">and ot<span class=\"_ _2\"></span>her </td><td></td><td class=\"t m0 x240 h15 y3343 ff3 fsd fc2 sc0 ls101 ws18e\">EPR<span class=\"_ _9\"></span>A </td><td class=\"t m0 x241 h15 y3343 ff3 fsd fc2 sc0 ls41 ws36\">and other </td><td></td></tr><tr><td></td><td class=\"t m0 x242 h15 y3344 ff2 fsd fc2 sc0 ls78 ws7e\">earnings<span class=\"_ _335\"> </span></td><td class=\"t m0 x243 h15 y3344 ff2 fsd fc2 sc0 ls7b ws82\">items<span class=\"_ _335\"> </span></td><td class=\"t m0 x244 h15 y3344 ff2 fsd fc2 sc0 lsa4 wsb2\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td><td class=\"t m0 x245 h15 y3344 ff3 fsd fc2 sc0 ls76 ws13e\">earnings<span class=\"_ _335\"> </span></td><td class=\"t m0 x246 h15 y3344 ff3 fsd fc2 sc0 ls41 ws7c\">items<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y3344 ff3 fsd fc2 sc0 lsa7 ws6c\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x249 h15 y3345 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24a h15 y3345 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m </td><td class=\"t m0 x24b h15 y3345 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y3345 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y3345 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3345 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"t m0 x297 h9 y3346 ff2 fs6 fc2 sc0 ls8f ws42\">Finance<span class=\"_ _2\"></span> income<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y3347 w137 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Intere<span class=\"_ _9\"></span>st r<span class=\"_ _9\"></span>ece<span class=\"_ _9\"></span>ivabl<span class=\"_ _9\"></span>e from jo<span class=\"_ _9\"></span>int ventur<span class=\"_ _9\"></span>es<span class=\"_ _335\"> </span></div></td><td class=\"c n x6d8 y3347 w25 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">9<span class=\"_ _335\"> </span></div></td><td class=\"c n x6d9 y3347 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6da y3347 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">9<span class=\"_ _335\"> </span></div></td><td class=\"c n x6be y3347 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td><td class=\"c n x6db y3347 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6dc y3347 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3348 w138 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other interest receivable<span class=\"_ _335\"> </span></div></td><td class=\"c n x6dd y3348 w25 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n x6de y3348 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6df y3348 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e0 y3348 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e1 y3348 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e2 y3348 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n x6e3 y3308 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e4 y3308 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e5 y3308 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e6 y3308 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">15<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e7 y3308 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e8 y3308 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">15<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x297 h9 y3349 ff2 fs6 fc2 sc0 ls8f ws42\">Finance<span class=\"_ _2\"></span> expense<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y32db w139 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Bond and debentur<span class=\"_ _2\"></span>e debt<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e9 y32db w30 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(105)<span class=\"_ _335\"> </span></div></td><td class=\"c n x60d y32db w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6ea y32db w30 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(105)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6eb y32db w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(101)<span class=\"_ _335\"> </span></div></td><td class=\"c n x3ca y32db w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6ec y32db w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(101)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32dc w13a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Bank and other<span class=\"_ _2\"></span> short-term borr<span class=\"_ _2\"></span>owings<span class=\"_ _335\"> </span></div></td><td class=\"c n x6ed y32dc wc5 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(59)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6de y32dc w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6ee y32dc w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(59)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6ef y32dc w32 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(36)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f0 y32dc w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(5)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f1 y32dc w32 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(41)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32dd w13b hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Fair value movem<span class=\"_ _9\"></span>ent on d<span class=\"_ _9\"></span>eri<span class=\"_ _9\"></span>vative<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n x26b y32dd w2f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f2 y32dd w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(9)<span class=\"_ _335\"> </span></div></td><td class=\"c n x568 y32dd w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(9)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f3 y32dd w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f4 y32dd w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(34)<span class=\"_ _335\"> </span></div></td><td class=\"c n x3a1 y32dd w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(34)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32de w13c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other interest payable<span class=\"_ _335\"> </span></div></td><td class=\"c n x60c y32de w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td><td class=\"c n x60d y32de w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x60e y32de w8d hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td><td class=\"c n x399 y32de w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x614 y32de w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x407 y32de w5c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n x6f5 y334a w26 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(166)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f6 y334a w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(9)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f7 y334a w30 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(175)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f8 y334a w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(137)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f9 y334a w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(39)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6fa y334a w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(176)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e1 w13d hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Interest capit<span class=\"_ _2\"></span>alised in<span class=\"_ _2\"></span> relation t<span class=\"_ _2\"></span>o properties under development<span class=\"_ _335\"> </span></div></td><td class=\"c n x6fb y32e1 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">42<span class=\"_ _335\"> </span></div></td><td class=\"c n x6fc y32e1 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x536 y32e1 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">42<span class=\"_ _335\"> </span></div></td><td class=\"c n x6fd y32e1 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td><td class=\"c n x357 y32e1 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x26a y32e1 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n x6f5 y32e2 w26 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(124)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f6 y32e2 w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(9)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f7 y32e2 w30 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(133)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f8 y32e2 w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(109)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f9 y32e2 w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(39)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6fa y32e2 w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(148)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w13e hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">Net financ<span class=\"_ _2\"></span>e expense<span class=\"_ _335\"> </span></div></td><td class=\"c n x6fe y32cb w26 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(110)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6ff y32cb w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(9)<span class=\"_ _335\"> </span></div></td><td class=\"c n x700 y32cb w30 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(119)<span class=\"_ _335\"> </span></div></td><td class=\"c n x701 y32cb w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(94)<span class=\"_ _335\"> </span></div></td><td class=\"c n x702 y32cb w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(39)<span class=\"_ _335\"> </span></div></td><td class=\"c n x703 y32cb w29 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(133)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc wd1 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Joint v<span class=\"_ _2\"></span>enture<span class=\"_ _2\"></span> net finance e<span class=\"_ _2\"></span>xpense<span class=\"_ _335\"> </span></div></td><td class=\"c n x704 y32cc w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(8)<span class=\"_ _335\"> </span></div></td><td></td><td></td><td class=\"c n x705 y32cc w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(11)<span class=\"_ _335\"> </span></div></td><td></td><td></td></tr><tr><td class=\"c n x24f y32cd w13f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Net fin<span class=\"_ _9\"></span>ance exp<span class=\"_ _9\"></span>ens<span class=\"_ _9\"></span>e inclu<span class=\"_ _9\"></span>ded in E<span class=\"_ _9\"></span>PR<span class=\"_ _9\"></span>A ea<span class=\"_ _9\"></span>rnings<span class=\"_ _335\"> </span></div></td><td class=\"c n x706 y32cd w26 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(118)<span class=\"_ _335\"> </span></div></td><td></td><td></td><td class=\"c n x2fa y32cd w29 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(105)<span class=\"_ _335\"> </span></div></td><td></td><td></td></tr></table></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs1fb\">Lea<span class=\"_ _9\"></span>se intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t pa<span class=\"_ _9\"></span>yable o<span class=\"_ _9\"></span>f <span class=\"ff2 ls119 ws144\">\u00a3<span class=\"_ _9\"></span>7m<span class=\"_ _9\"></span></span> (202<span class=\"_ _9\"></span>5: \u00a38m<span class=\"_ _11\"></span>) is incl<span class=\"_ _9\"></span>ude<span class=\"_ _9\"></span>d with<span class=\"_ _9\"></span>in rent<span class=\"_ _9\"></span>s pa<span class=\"_ _9\"></span>yable a<span class=\"_ _9\"></span>s detail<span class=\"_ _9\"></span>ed in n<span class=\"_ _9\"></span>ote 4.</div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinanceIncomeExpenseExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-404": {
   "value": "9<span class=\"_ _1c0\"> </span><span class=\"fc4 lsd2 wsf3\">NET F<span class=\"_ _11\"></span>INANCE E<span class=\"_ _9\"></span>XPENSE<span class=\"_ _335\"> </span></span><table class=\"s w136 hd0\" id=\"_34a34d95-7e00-47e7-b398-1720f7a29f19\"><tr><td></td><td></td><td></td><td class=\"c n x23a y3341 w1c hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></div></td><td></td><td></td><td class=\"c n x23b y3341 w1d hb8\"><div class=\"t m0 x239 h15 y320f ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td></td><td class=\"t m0 x581 h15 y3342 ff2 fsd fc2 sc0 ls8d ws95\">Cap<span class=\"_ _9\"></span>ital </td><td></td><td></td><td class=\"t m0 x23d h15 y3342 ff3 fsd fc2 sc0 ls76 ws13e\">Capital </td><td></td></tr><tr><td></td><td class=\"t m0 x23e h15 y3343 ff2 fsd fc2 sc0 ls1 ws1\">EPRA </td><td class=\"t m0 x23f h15 y3343 ff2 fsd fc2 sc0 ls41 ws36\">and ot<span class=\"_ _2\"></span>her </td><td></td><td class=\"t m0 x240 h15 y3343 ff3 fsd fc2 sc0 ls101 ws18e\">EPR<span class=\"_ _9\"></span>A </td><td class=\"t m0 x241 h15 y3343 ff3 fsd fc2 sc0 ls41 ws36\">and other </td><td></td></tr><tr><td></td><td class=\"t m0 x242 h15 y3344 ff2 fsd fc2 sc0 ls78 ws7e\">earnings<span class=\"_ _335\"> </span></td><td class=\"t m0 x243 h15 y3344 ff2 fsd fc2 sc0 ls7b ws82\">items<span class=\"_ _335\"> </span></td><td class=\"t m0 x244 h15 y3344 ff2 fsd fc2 sc0 lsa4 wsb2\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td><td class=\"t m0 x245 h15 y3344 ff3 fsd fc2 sc0 ls76 ws13e\">earnings<span class=\"_ _335\"> </span></td><td class=\"t m0 x246 h15 y3344 ff3 fsd fc2 sc0 ls41 ws7c\">items<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y3344 ff3 fsd fc2 sc0 lsa7 ws6c\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x249 h15 y3345 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24a h15 y3345 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m </td><td class=\"t m0 x24b h15 y3345 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y3345 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y3345 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3345 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"t m0 x297 h9 y3346 ff2 fs6 fc2 sc0 ls8f ws42\">Finance<span class=\"_ _2\"></span> income<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y3347 w137 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Intere<span class=\"_ _9\"></span>st r<span class=\"_ _9\"></span>ece<span class=\"_ _9\"></span>ivabl<span class=\"_ _9\"></span>e from jo<span class=\"_ _9\"></span>int ventur<span class=\"_ _9\"></span>es<span class=\"_ _335\"> </span></div></td><td class=\"c n x6d8 y3347 w25 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">9<span class=\"_ _335\"> </span></div></td><td class=\"c n x6d9 y3347 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6da y3347 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">9<span class=\"_ _335\"> </span></div></td><td class=\"c n x6be y3347 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td><td class=\"c n x6db y3347 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6dc y3347 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3348 w138 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other interest receivable<span class=\"_ _335\"> </span></div></td><td class=\"c n x6dd y3348 w25 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n x6de y3348 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6df y3348 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e0 y3348 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e1 y3348 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e2 y3348 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n x6e3 y3308 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e4 y3308 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e5 y3308 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e6 y3308 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">15<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e7 y3308 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e8 y3308 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">15<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x297 h9 y3349 ff2 fs6 fc2 sc0 ls8f ws42\">Finance<span class=\"_ _2\"></span> expense<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y32db w139 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Bond and debentur<span class=\"_ _2\"></span>e debt<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e9 y32db w30 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(105)<span class=\"_ _335\"> </span></div></td><td class=\"c n x60d y32db w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6ea y32db w30 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(105)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6eb y32db w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(101)<span class=\"_ _335\"> </span></div></td><td class=\"c n x3ca y32db w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6ec y32db w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(101)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32dc w13a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Bank and other<span class=\"_ _2\"></span> short-term borr<span class=\"_ _2\"></span>owings<span class=\"_ _335\"> </span></div></td><td class=\"c n x6ed y32dc wc5 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(59)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6de y32dc w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6ee y32dc w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(59)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6ef y32dc w32 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(36)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f0 y32dc w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(5)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f1 y32dc w32 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(41)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32dd w13b hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Fair value movem<span class=\"_ _9\"></span>ent on d<span class=\"_ _9\"></span>eri<span class=\"_ _9\"></span>vative<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n x26b y32dd w2f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f2 y32dd w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(9)<span class=\"_ _335\"> </span></div></td><td class=\"c n x568 y32dd w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(9)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f3 y32dd w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f4 y32dd w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(34)<span class=\"_ _335\"> </span></div></td><td class=\"c n x3a1 y32dd w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(34)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32de w13c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other interest payable<span class=\"_ _335\"> </span></div></td><td class=\"c n x60c y32de w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td><td class=\"c n x60d y32de w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x60e y32de w8d hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td><td class=\"c n x399 y32de w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x614 y32de w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x407 y32de w5c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n x6f5 y334a w26 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(166)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f6 y334a w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(9)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f7 y334a w30 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(175)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f8 y334a w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(137)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f9 y334a w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(39)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6fa y334a w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(176)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e1 w13d hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Interest capit<span class=\"_ _2\"></span>alised in<span class=\"_ _2\"></span> relation t<span class=\"_ _2\"></span>o properties under development<span class=\"_ _335\"> </span></div></td><td class=\"c n x6fb y32e1 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">42<span class=\"_ _335\"> </span></div></td><td class=\"c n x6fc y32e1 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x536 y32e1 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">42<span class=\"_ _335\"> </span></div></td><td class=\"c n x6fd y32e1 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td><td class=\"c n x357 y32e1 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x26a y32e1 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n x6f5 y32e2 w26 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(124)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f6 y32e2 w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(9)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f7 y32e2 w30 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(133)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f8 y32e2 w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(109)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f9 y32e2 w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(39)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6fa y32e2 w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(148)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w13e hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">Net financ<span class=\"_ _2\"></span>e expense<span class=\"_ _335\"> </span></div></td><td class=\"c n x6fe y32cb w26 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(110)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6ff y32cb w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(9)<span class=\"_ _335\"> </span></div></td><td class=\"c n x700 y32cb w30 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(119)<span class=\"_ _335\"> </span></div></td><td class=\"c n x701 y32cb w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(94)<span class=\"_ _335\"> </span></div></td><td class=\"c n x702 y32cb w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(39)<span class=\"_ _335\"> </span></div></td><td class=\"c n x703 y32cb w29 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(133)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc wd1 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Joint v<span class=\"_ _2\"></span>enture<span class=\"_ _2\"></span> net finance e<span class=\"_ _2\"></span>xpense<span class=\"_ _335\"> </span></div></td><td class=\"c n x704 y32cc w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(8)<span class=\"_ _335\"> </span></div></td><td></td><td></td><td class=\"c n x705 y32cc w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(11)<span class=\"_ _335\"> </span></div></td><td></td><td></td></tr><tr><td class=\"c n x24f y32cd w13f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Net fin<span class=\"_ _9\"></span>ance exp<span class=\"_ _9\"></span>ens<span class=\"_ _9\"></span>e inclu<span class=\"_ _9\"></span>ded in E<span class=\"_ _9\"></span>PR<span class=\"_ _9\"></span>A ea<span class=\"_ _9\"></span>rnings<span class=\"_ _335\"> </span></div></td><td class=\"c n x706 y32cd w26 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(118)<span class=\"_ _335\"> </span></div></td><td></td><td></td><td class=\"c n x2fa y32cd w29 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(105)<span class=\"_ _335\"> </span></div></td><td></td><td></td></tr></table>Lea<span class=\"_ _9\"></span>se intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t pa<span class=\"_ _9\"></span>yable o<span class=\"_ _9\"></span>f <span class=\"ff2 ls119 ws144\">\u00a3<span class=\"_ _9\"></span>7m<span class=\"_ _9\"></span></span> (202<span class=\"_ _9\"></span>5: \u00a38m<span class=\"_ _11\"></span>) is incl<span class=\"_ _9\"></span>ude<span class=\"_ _9\"></span>d with<span class=\"_ _9\"></span>in rent<span class=\"_ _9\"></span>s pa<span class=\"_ _9\"></span>yable a<span class=\"_ _9\"></span>s detail<span class=\"_ _9\"></span>ed in n<span class=\"_ _9\"></span>ote 4.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinanceIncomeExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-424": {
   "value": "9<span class=\"_ _1c0\"> </span><span class=\"fc4 lsd2 wsf3\">NET F<span class=\"_ _11\"></span>INANCE E<span class=\"_ _9\"></span>XPENSE<span class=\"_ _335\"> </span></span><table class=\"s w136 hd0\" id=\"_34a34d95-7e00-47e7-b398-1720f7a29f19\"><tr><td></td><td></td><td></td><td class=\"c n x23a y3341 w1c hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></div></td><td></td><td></td><td class=\"c n x23b y3341 w1d hb8\"><div class=\"t m0 x239 h15 y320f ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td></td><td class=\"t m0 x581 h15 y3342 ff2 fsd fc2 sc0 ls8d ws95\">Cap<span class=\"_ _9\"></span>ital </td><td></td><td></td><td class=\"t m0 x23d h15 y3342 ff3 fsd fc2 sc0 ls76 ws13e\">Capital </td><td></td></tr><tr><td></td><td class=\"t m0 x23e h15 y3343 ff2 fsd fc2 sc0 ls1 ws1\">EPRA </td><td class=\"t m0 x23f h15 y3343 ff2 fsd fc2 sc0 ls41 ws36\">and ot<span class=\"_ _2\"></span>her </td><td></td><td class=\"t m0 x240 h15 y3343 ff3 fsd fc2 sc0 ls101 ws18e\">EPR<span class=\"_ _9\"></span>A </td><td class=\"t m0 x241 h15 y3343 ff3 fsd fc2 sc0 ls41 ws36\">and other </td><td></td></tr><tr><td></td><td class=\"t m0 x242 h15 y3344 ff2 fsd fc2 sc0 ls78 ws7e\">earnings<span class=\"_ _335\"> </span></td><td class=\"t m0 x243 h15 y3344 ff2 fsd fc2 sc0 ls7b ws82\">items<span class=\"_ _335\"> </span></td><td class=\"t m0 x244 h15 y3344 ff2 fsd fc2 sc0 lsa4 wsb2\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td><td class=\"t m0 x245 h15 y3344 ff3 fsd fc2 sc0 ls76 ws13e\">earnings<span class=\"_ _335\"> </span></td><td class=\"t m0 x246 h15 y3344 ff3 fsd fc2 sc0 ls41 ws7c\">items<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y3344 ff3 fsd fc2 sc0 lsa7 ws6c\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x249 h15 y3345 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24a h15 y3345 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m </td><td class=\"t m0 x24b h15 y3345 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y3345 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y3345 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3345 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"t m0 x297 h9 y3346 ff2 fs6 fc2 sc0 ls8f ws42\">Finance<span class=\"_ _2\"></span> income<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y3347 w137 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Intere<span class=\"_ _9\"></span>st r<span class=\"_ _9\"></span>ece<span class=\"_ _9\"></span>ivabl<span class=\"_ _9\"></span>e from jo<span class=\"_ _9\"></span>int ventur<span class=\"_ _9\"></span>es<span class=\"_ _335\"> </span></div></td><td class=\"c n x6d8 y3347 w25 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">9<span class=\"_ _335\"> </span></div></td><td class=\"c n x6d9 y3347 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6da y3347 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">9<span class=\"_ _335\"> </span></div></td><td class=\"c n x6be y3347 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td><td class=\"c n x6db y3347 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6dc y3347 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3348 w138 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other interest receivable<span class=\"_ _335\"> </span></div></td><td class=\"c n x6dd y3348 w25 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n x6de y3348 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6df y3348 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e0 y3348 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e1 y3348 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e2 y3348 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n x6e3 y3308 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e4 y3308 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e5 y3308 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e6 y3308 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">15<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e7 y3308 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e8 y3308 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">15<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x297 h9 y3349 ff2 fs6 fc2 sc0 ls8f ws42\">Finance<span class=\"_ _2\"></span> expense<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y32db w139 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Bond and debentur<span class=\"_ _2\"></span>e debt<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e9 y32db w30 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(105)<span class=\"_ _335\"> </span></div></td><td class=\"c n x60d y32db w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6ea y32db w30 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(105)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6eb y32db w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(101)<span class=\"_ _335\"> </span></div></td><td class=\"c n x3ca y32db w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6ec y32db w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(101)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32dc w13a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Bank and other<span class=\"_ _2\"></span> short-term borr<span class=\"_ _2\"></span>owings<span class=\"_ _335\"> </span></div></td><td class=\"c n x6ed y32dc wc5 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(59)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6de y32dc w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6ee y32dc w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(59)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6ef y32dc w32 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(36)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f0 y32dc w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(5)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f1 y32dc w32 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(41)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32dd w13b hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Fair value movem<span class=\"_ _9\"></span>ent on d<span class=\"_ _9\"></span>eri<span class=\"_ _9\"></span>vative<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n x26b y32dd w2f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f2 y32dd w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(9)<span class=\"_ _335\"> </span></div></td><td class=\"c n x568 y32dd w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(9)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f3 y32dd w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f4 y32dd w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(34)<span class=\"_ _335\"> </span></div></td><td class=\"c n x3a1 y32dd w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(34)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32de w13c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other interest payable<span class=\"_ _335\"> </span></div></td><td class=\"c n x60c y32de w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td><td class=\"c n x60d y32de w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x60e y32de w8d hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td><td class=\"c n x399 y32de w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x614 y32de w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x407 y32de w5c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n x6f5 y334a w26 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(166)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f6 y334a w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(9)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f7 y334a w30 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(175)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f8 y334a w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(137)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f9 y334a w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(39)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6fa y334a w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(176)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e1 w13d hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Interest capit<span class=\"_ _2\"></span>alised in<span class=\"_ _2\"></span> relation t<span class=\"_ _2\"></span>o properties under development<span class=\"_ _335\"> </span></div></td><td class=\"c n x6fb y32e1 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">42<span class=\"_ _335\"> </span></div></td><td class=\"c n x6fc y32e1 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x536 y32e1 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">42<span class=\"_ _335\"> </span></div></td><td class=\"c n x6fd y32e1 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td><td class=\"c n x357 y32e1 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x26a y32e1 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n x6f5 y32e2 w26 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(124)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f6 y32e2 w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(9)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f7 y32e2 w30 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(133)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f8 y32e2 w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(109)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f9 y32e2 w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(39)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6fa y32e2 w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(148)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w13e hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">Net financ<span class=\"_ _2\"></span>e expense<span class=\"_ _335\"> </span></div></td><td class=\"c n x6fe y32cb w26 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(110)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6ff y32cb w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(9)<span class=\"_ _335\"> </span></div></td><td class=\"c n x700 y32cb w30 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(119)<span class=\"_ _335\"> </span></div></td><td class=\"c n x701 y32cb w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(94)<span class=\"_ _335\"> </span></div></td><td class=\"c n x702 y32cb w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(39)<span class=\"_ _335\"> </span></div></td><td class=\"c n x703 y32cb w29 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(133)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc wd1 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Joint v<span class=\"_ _2\"></span>enture<span class=\"_ _2\"></span> net finance e<span class=\"_ _2\"></span>xpense<span class=\"_ _335\"> </span></div></td><td class=\"c n x704 y32cc w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(8)<span class=\"_ _335\"> </span></div></td><td></td><td></td><td class=\"c n x705 y32cc w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(11)<span class=\"_ _335\"> </span></div></td><td></td><td></td></tr><tr><td class=\"c n x24f y32cd w13f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Net fin<span class=\"_ _9\"></span>ance exp<span class=\"_ _9\"></span>ens<span class=\"_ _9\"></span>e inclu<span class=\"_ _9\"></span>ded in E<span class=\"_ _9\"></span>PR<span class=\"_ _9\"></span>A ea<span class=\"_ _9\"></span>rnings<span class=\"_ _335\"> </span></div></td><td class=\"c n x706 y32cd w26 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(118)<span class=\"_ _335\"> </span></div></td><td></td><td></td><td class=\"c n x2fa y32cd w29 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(105)<span class=\"_ _335\"> </span></div></td><td></td><td></td></tr></table>Lea<span class=\"_ _9\"></span>se intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t pa<span class=\"_ _9\"></span>yable o<span class=\"_ _9\"></span>f <span class=\"ff2 ls119 ws144\">\u00a3<span class=\"_ _9\"></span>7m<span class=\"_ _9\"></span></span> (202<span class=\"_ _9\"></span>5: \u00a38m<span class=\"_ _11\"></span>) is incl<span class=\"_ _9\"></span>ude<span class=\"_ _9\"></span>d with<span class=\"_ _9\"></span>in rent<span class=\"_ _9\"></span>s pa<span class=\"_ _9\"></span>yable a<span class=\"_ _9\"></span>s detail<span class=\"_ _9\"></span>ed in n<span class=\"_ _9\"></span>ote 4.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinanceCostExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-434": {
   "value": "9<span class=\"_ _1c0\"> </span><span class=\"fc4 lsd2 wsf3\">NET F<span class=\"_ _11\"></span>INANCE E<span class=\"_ _9\"></span>XPENSE<span class=\"_ _335\"> </span></span><table class=\"s w136 hd0\" id=\"_34a34d95-7e00-47e7-b398-1720f7a29f19\"><tr><td></td><td></td><td></td><td class=\"c n x23a y3341 w1c hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></div></td><td></td><td></td><td class=\"c n x23b y3341 w1d hb8\"><div class=\"t m0 x239 h15 y320f ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td></td><td class=\"t m0 x581 h15 y3342 ff2 fsd fc2 sc0 ls8d ws95\">Cap<span class=\"_ _9\"></span>ital </td><td></td><td></td><td class=\"t m0 x23d h15 y3342 ff3 fsd fc2 sc0 ls76 ws13e\">Capital </td><td></td></tr><tr><td></td><td class=\"t m0 x23e h15 y3343 ff2 fsd fc2 sc0 ls1 ws1\">EPRA </td><td class=\"t m0 x23f h15 y3343 ff2 fsd fc2 sc0 ls41 ws36\">and ot<span class=\"_ _2\"></span>her </td><td></td><td class=\"t m0 x240 h15 y3343 ff3 fsd fc2 sc0 ls101 ws18e\">EPR<span class=\"_ _9\"></span>A </td><td class=\"t m0 x241 h15 y3343 ff3 fsd fc2 sc0 ls41 ws36\">and other </td><td></td></tr><tr><td></td><td class=\"t m0 x242 h15 y3344 ff2 fsd fc2 sc0 ls78 ws7e\">earnings<span class=\"_ _335\"> </span></td><td class=\"t m0 x243 h15 y3344 ff2 fsd fc2 sc0 ls7b ws82\">items<span class=\"_ _335\"> </span></td><td class=\"t m0 x244 h15 y3344 ff2 fsd fc2 sc0 lsa4 wsb2\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td><td class=\"t m0 x245 h15 y3344 ff3 fsd fc2 sc0 ls76 ws13e\">earnings<span class=\"_ _335\"> </span></td><td class=\"t m0 x246 h15 y3344 ff3 fsd fc2 sc0 ls41 ws7c\">items<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y3344 ff3 fsd fc2 sc0 lsa7 ws6c\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x249 h15 y3345 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24a h15 y3345 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m </td><td class=\"t m0 x24b h15 y3345 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y3345 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y3345 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3345 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"t m0 x297 h9 y3346 ff2 fs6 fc2 sc0 ls8f ws42\">Finance<span class=\"_ _2\"></span> income<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y3347 w137 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Intere<span class=\"_ _9\"></span>st r<span class=\"_ _9\"></span>ece<span class=\"_ _9\"></span>ivabl<span class=\"_ _9\"></span>e from jo<span class=\"_ _9\"></span>int ventur<span class=\"_ _9\"></span>es<span class=\"_ _335\"> </span></div></td><td class=\"c n x6d8 y3347 w25 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">9<span class=\"_ _335\"> </span></div></td><td class=\"c n x6d9 y3347 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6da y3347 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">9<span class=\"_ _335\"> </span></div></td><td class=\"c n x6be y3347 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td><td class=\"c n x6db y3347 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6dc y3347 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3348 w138 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other interest receivable<span class=\"_ _335\"> </span></div></td><td class=\"c n x6dd y3348 w25 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n x6de y3348 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6df y3348 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e0 y3348 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e1 y3348 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e2 y3348 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n x6e3 y3308 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e4 y3308 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e5 y3308 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e6 y3308 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">15<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e7 y3308 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e8 y3308 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">15<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x297 h9 y3349 ff2 fs6 fc2 sc0 ls8f ws42\">Finance<span class=\"_ _2\"></span> expense<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y32db w139 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Bond and debentur<span class=\"_ _2\"></span>e debt<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e9 y32db w30 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(105)<span class=\"_ _335\"> </span></div></td><td class=\"c n x60d y32db w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6ea y32db w30 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(105)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6eb y32db w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(101)<span class=\"_ _335\"> </span></div></td><td class=\"c n x3ca y32db w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6ec y32db w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(101)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32dc w13a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Bank and other<span class=\"_ _2\"></span> short-term borr<span class=\"_ _2\"></span>owings<span class=\"_ _335\"> </span></div></td><td class=\"c n x6ed y32dc wc5 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(59)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6de y32dc w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6ee y32dc w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(59)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6ef y32dc w32 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(36)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f0 y32dc w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(5)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f1 y32dc w32 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(41)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32dd w13b hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Fair value movem<span class=\"_ _9\"></span>ent on d<span class=\"_ _9\"></span>eri<span class=\"_ _9\"></span>vative<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n x26b y32dd w2f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f2 y32dd w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(9)<span class=\"_ _335\"> </span></div></td><td class=\"c n x568 y32dd w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(9)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f3 y32dd w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f4 y32dd w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(34)<span class=\"_ _335\"> </span></div></td><td class=\"c n x3a1 y32dd w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(34)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32de w13c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other interest payable<span class=\"_ _335\"> </span></div></td><td class=\"c n x60c y32de w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td><td class=\"c n x60d y32de w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x60e y32de w8d hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td><td class=\"c n x399 y32de w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x614 y32de w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x407 y32de w5c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n x6f5 y334a w26 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(166)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f6 y334a w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(9)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f7 y334a w30 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(175)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f8 y334a w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(137)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f9 y334a w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(39)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6fa y334a w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(176)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e1 w13d hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Interest capit<span class=\"_ _2\"></span>alised in<span class=\"_ _2\"></span> relation t<span class=\"_ _2\"></span>o properties under development<span class=\"_ _335\"> </span></div></td><td class=\"c n x6fb y32e1 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">42<span class=\"_ _335\"> </span></div></td><td class=\"c n x6fc y32e1 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x536 y32e1 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">42<span class=\"_ _335\"> </span></div></td><td class=\"c n x6fd y32e1 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td><td class=\"c n x357 y32e1 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x26a y32e1 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n x6f5 y32e2 w26 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(124)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f6 y32e2 w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(9)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f7 y32e2 w30 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(133)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f8 y32e2 w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(109)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f9 y32e2 w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(39)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6fa y32e2 w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(148)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w13e hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">Net financ<span class=\"_ _2\"></span>e expense<span class=\"_ _335\"> </span></div></td><td class=\"c n x6fe y32cb w26 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(110)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6ff y32cb w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(9)<span class=\"_ _335\"> </span></div></td><td class=\"c n x700 y32cb w30 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(119)<span class=\"_ _335\"> </span></div></td><td class=\"c n x701 y32cb w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(94)<span class=\"_ _335\"> </span></div></td><td class=\"c n x702 y32cb w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(39)<span class=\"_ _335\"> </span></div></td><td class=\"c n x703 y32cb w29 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(133)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc wd1 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Joint v<span class=\"_ _2\"></span>enture<span class=\"_ _2\"></span> net finance e<span class=\"_ _2\"></span>xpense<span class=\"_ _335\"> </span></div></td><td class=\"c n x704 y32cc w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(8)<span class=\"_ _335\"> </span></div></td><td></td><td></td><td class=\"c n x705 y32cc w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(11)<span class=\"_ _335\"> </span></div></td><td></td><td></td></tr><tr><td class=\"c n x24f y32cd w13f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Net fin<span class=\"_ _9\"></span>ance exp<span class=\"_ _9\"></span>ens<span class=\"_ _9\"></span>e inclu<span class=\"_ _9\"></span>ded in E<span class=\"_ _9\"></span>PR<span class=\"_ _9\"></span>A ea<span class=\"_ _9\"></span>rnings<span class=\"_ _335\"> </span></div></td><td class=\"c n x706 y32cd w26 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(118)<span class=\"_ _335\"> </span></div></td><td></td><td></td><td class=\"c n x2fa y32cd w29 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(105)<span class=\"_ _335\"> </span></div></td><td></td><td></td></tr></table>Lea<span class=\"_ _9\"></span>se intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t pa<span class=\"_ _9\"></span>yable o<span class=\"_ _9\"></span>f <span class=\"ff2 ls119 ws144\">\u00a3<span class=\"_ _9\"></span>7m<span class=\"_ _9\"></span></span> (202<span class=\"_ _9\"></span>5: \u00a38m<span class=\"_ _11\"></span>) is incl<span class=\"_ _9\"></span>ude<span class=\"_ _9\"></span>d with<span class=\"_ _9\"></span>in rent<span class=\"_ _9\"></span>s pa<span class=\"_ _9\"></span>yable a<span class=\"_ _9\"></span>s detail<span class=\"_ _9\"></span>ed in n<span class=\"_ _9\"></span>ote 4.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInterestIncomeExpenseExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-437": {
   "value": "9<span class=\"_ _1c0\"> </span><span class=\"fc4 lsd2 wsf3\">NET F<span class=\"_ _11\"></span>INANCE E<span class=\"_ _9\"></span>XPENSE<span class=\"_ _335\"> </span></span><table class=\"s w136 hd0\" id=\"_34a34d95-7e00-47e7-b398-1720f7a29f19\"><tr><td></td><td></td><td></td><td class=\"c n x23a y3341 w1c hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></div></td><td></td><td></td><td class=\"c n x23b y3341 w1d hb8\"><div class=\"t m0 x239 h15 y320f ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td></td><td class=\"t m0 x581 h15 y3342 ff2 fsd fc2 sc0 ls8d ws95\">Cap<span class=\"_ _9\"></span>ital </td><td></td><td></td><td class=\"t m0 x23d h15 y3342 ff3 fsd fc2 sc0 ls76 ws13e\">Capital </td><td></td></tr><tr><td></td><td class=\"t m0 x23e h15 y3343 ff2 fsd fc2 sc0 ls1 ws1\">EPRA </td><td class=\"t m0 x23f h15 y3343 ff2 fsd fc2 sc0 ls41 ws36\">and ot<span class=\"_ _2\"></span>her </td><td></td><td class=\"t m0 x240 h15 y3343 ff3 fsd fc2 sc0 ls101 ws18e\">EPR<span class=\"_ _9\"></span>A </td><td class=\"t m0 x241 h15 y3343 ff3 fsd fc2 sc0 ls41 ws36\">and other </td><td></td></tr><tr><td></td><td class=\"t m0 x242 h15 y3344 ff2 fsd fc2 sc0 ls78 ws7e\">earnings<span class=\"_ _335\"> </span></td><td class=\"t m0 x243 h15 y3344 ff2 fsd fc2 sc0 ls7b ws82\">items<span class=\"_ _335\"> </span></td><td class=\"t m0 x244 h15 y3344 ff2 fsd fc2 sc0 lsa4 wsb2\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td><td class=\"t m0 x245 h15 y3344 ff3 fsd fc2 sc0 ls76 ws13e\">earnings<span class=\"_ _335\"> </span></td><td class=\"t m0 x246 h15 y3344 ff3 fsd fc2 sc0 ls41 ws7c\">items<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y3344 ff3 fsd fc2 sc0 lsa7 ws6c\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x249 h15 y3345 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24a h15 y3345 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m </td><td class=\"t m0 x24b h15 y3345 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y3345 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y3345 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3345 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"t m0 x297 h9 y3346 ff2 fs6 fc2 sc0 ls8f ws42\">Finance<span class=\"_ _2\"></span> income<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y3347 w137 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Intere<span class=\"_ _9\"></span>st r<span class=\"_ _9\"></span>ece<span class=\"_ _9\"></span>ivabl<span class=\"_ _9\"></span>e from jo<span class=\"_ _9\"></span>int ventur<span class=\"_ _9\"></span>es<span class=\"_ _335\"> </span></div></td><td class=\"c n x6d8 y3347 w25 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">9<span class=\"_ _335\"> </span></div></td><td class=\"c n x6d9 y3347 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6da y3347 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">9<span class=\"_ _335\"> </span></div></td><td class=\"c n x6be y3347 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td><td class=\"c n x6db y3347 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6dc y3347 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3348 w138 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other interest receivable<span class=\"_ _335\"> </span></div></td><td class=\"c n x6dd y3348 w25 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n x6de y3348 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6df y3348 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e0 y3348 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e1 y3348 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e2 y3348 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n x6e3 y3308 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e4 y3308 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e5 y3308 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e6 y3308 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">15<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e7 y3308 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e8 y3308 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">15<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x297 h9 y3349 ff2 fs6 fc2 sc0 ls8f ws42\">Finance<span class=\"_ _2\"></span> expense<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y32db w139 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Bond and debentur<span class=\"_ _2\"></span>e debt<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e9 y32db w30 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(105)<span class=\"_ _335\"> </span></div></td><td class=\"c n x60d y32db w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6ea y32db w30 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(105)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6eb y32db w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(101)<span class=\"_ _335\"> </span></div></td><td class=\"c n x3ca y32db w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6ec y32db w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(101)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32dc w13a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Bank and other<span class=\"_ _2\"></span> short-term borr<span class=\"_ _2\"></span>owings<span class=\"_ _335\"> </span></div></td><td class=\"c n x6ed y32dc wc5 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(59)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6de y32dc w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6ee y32dc w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(59)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6ef y32dc w32 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(36)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f0 y32dc w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(5)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f1 y32dc w32 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(41)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32dd w13b hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Fair value movem<span class=\"_ _9\"></span>ent on d<span class=\"_ _9\"></span>eri<span class=\"_ _9\"></span>vative<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n x26b y32dd w2f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f2 y32dd w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(9)<span class=\"_ _335\"> </span></div></td><td class=\"c n x568 y32dd w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(9)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f3 y32dd w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f4 y32dd w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(34)<span class=\"_ _335\"> </span></div></td><td class=\"c n x3a1 y32dd w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(34)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32de w13c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other interest payable<span class=\"_ _335\"> </span></div></td><td class=\"c n x60c y32de w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td><td class=\"c n x60d y32de w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x60e y32de w8d hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td><td class=\"c n x399 y32de w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x614 y32de w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x407 y32de w5c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n x6f5 y334a w26 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(166)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f6 y334a w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(9)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f7 y334a w30 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(175)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f8 y334a w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(137)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f9 y334a w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(39)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6fa y334a w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(176)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e1 w13d hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Interest capit<span class=\"_ _2\"></span>alised in<span class=\"_ _2\"></span> relation t<span class=\"_ _2\"></span>o properties under development<span class=\"_ _335\"> </span></div></td><td class=\"c n x6fb y32e1 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">42<span class=\"_ _335\"> </span></div></td><td class=\"c n x6fc y32e1 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x536 y32e1 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">42<span class=\"_ _335\"> </span></div></td><td class=\"c n x6fd y32e1 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td><td class=\"c n x357 y32e1 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x26a y32e1 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n x6f5 y32e2 w26 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(124)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f6 y32e2 w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(9)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f7 y32e2 w30 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(133)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f8 y32e2 w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(109)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f9 y32e2 w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(39)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6fa y32e2 w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(148)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w13e hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">Net financ<span class=\"_ _2\"></span>e expense<span class=\"_ _335\"> </span></div></td><td class=\"c n x6fe y32cb w26 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(110)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6ff y32cb w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(9)<span class=\"_ _335\"> </span></div></td><td class=\"c n x700 y32cb w30 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(119)<span class=\"_ _335\"> </span></div></td><td class=\"c n x701 y32cb w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(94)<span class=\"_ _335\"> </span></div></td><td class=\"c n x702 y32cb w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(39)<span class=\"_ _335\"> </span></div></td><td class=\"c n x703 y32cb w29 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(133)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc wd1 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Joint v<span class=\"_ _2\"></span>enture<span class=\"_ _2\"></span> net finance e<span class=\"_ _2\"></span>xpense<span class=\"_ _335\"> </span></div></td><td class=\"c n x704 y32cc w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(8)<span class=\"_ _335\"> </span></div></td><td></td><td></td><td class=\"c n x705 y32cc w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(11)<span class=\"_ _335\"> </span></div></td><td></td><td></td></tr><tr><td class=\"c n x24f y32cd w13f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Net fin<span class=\"_ _9\"></span>ance exp<span class=\"_ _9\"></span>ens<span class=\"_ _9\"></span>e inclu<span class=\"_ _9\"></span>ded in E<span class=\"_ _9\"></span>PR<span class=\"_ _9\"></span>A ea<span class=\"_ _9\"></span>rnings<span class=\"_ _335\"> </span></div></td><td class=\"c n x706 y32cd w26 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(118)<span class=\"_ _335\"> </span></div></td><td></td><td></td><td class=\"c n x2fa y32cd w29 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(105)<span class=\"_ _335\"> </span></div></td><td></td><td></td></tr></table>Lea<span class=\"_ _9\"></span>se intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t pa<span class=\"_ _9\"></span>yable o<span class=\"_ _9\"></span>f <span class=\"ff2 ls119 ws144\">\u00a3<span class=\"_ _9\"></span>7m<span class=\"_ _9\"></span></span> (202<span class=\"_ _9\"></span>5: \u00a38m<span class=\"_ _11\"></span>) is incl<span class=\"_ _9\"></span>ude<span class=\"_ _9\"></span>d with<span class=\"_ _9\"></span>in rent<span class=\"_ _9\"></span>s pa<span class=\"_ _9\"></span>yable a<span class=\"_ _9\"></span>s detail<span class=\"_ _9\"></span>ed in n<span class=\"_ _9\"></span>ote 4.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInterestIncomeExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-441": {
   "value": "9<span class=\"_ _1c0\"> </span><span class=\"fc4 lsd2 wsf3\">NET F<span class=\"_ _11\"></span>INANCE E<span class=\"_ _9\"></span>XPENSE<span class=\"_ _335\"> </span></span><table class=\"s w136 hd0\" id=\"_34a34d95-7e00-47e7-b398-1720f7a29f19\"><tr><td></td><td></td><td></td><td class=\"c n x23a y3341 w1c hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></div></td><td></td><td></td><td class=\"c n x23b y3341 w1d hb8\"><div class=\"t m0 x239 h15 y320f ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td></td><td class=\"t m0 x581 h15 y3342 ff2 fsd fc2 sc0 ls8d ws95\">Cap<span class=\"_ _9\"></span>ital </td><td></td><td></td><td class=\"t m0 x23d h15 y3342 ff3 fsd fc2 sc0 ls76 ws13e\">Capital </td><td></td></tr><tr><td></td><td class=\"t m0 x23e h15 y3343 ff2 fsd fc2 sc0 ls1 ws1\">EPRA </td><td class=\"t m0 x23f h15 y3343 ff2 fsd fc2 sc0 ls41 ws36\">and ot<span class=\"_ _2\"></span>her </td><td></td><td class=\"t m0 x240 h15 y3343 ff3 fsd fc2 sc0 ls101 ws18e\">EPR<span class=\"_ _9\"></span>A </td><td class=\"t m0 x241 h15 y3343 ff3 fsd fc2 sc0 ls41 ws36\">and other </td><td></td></tr><tr><td></td><td class=\"t m0 x242 h15 y3344 ff2 fsd fc2 sc0 ls78 ws7e\">earnings<span class=\"_ _335\"> </span></td><td class=\"t m0 x243 h15 y3344 ff2 fsd fc2 sc0 ls7b ws82\">items<span class=\"_ _335\"> </span></td><td class=\"t m0 x244 h15 y3344 ff2 fsd fc2 sc0 lsa4 wsb2\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td><td class=\"t m0 x245 h15 y3344 ff3 fsd fc2 sc0 ls76 ws13e\">earnings<span class=\"_ _335\"> </span></td><td class=\"t m0 x246 h15 y3344 ff3 fsd fc2 sc0 ls41 ws7c\">items<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y3344 ff3 fsd fc2 sc0 lsa7 ws6c\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x249 h15 y3345 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24a h15 y3345 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m </td><td class=\"t m0 x24b h15 y3345 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y3345 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y3345 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3345 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"t m0 x297 h9 y3346 ff2 fs6 fc2 sc0 ls8f ws42\">Finance<span class=\"_ _2\"></span> income<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y3347 w137 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Intere<span class=\"_ _9\"></span>st r<span class=\"_ _9\"></span>ece<span class=\"_ _9\"></span>ivabl<span class=\"_ _9\"></span>e from jo<span class=\"_ _9\"></span>int ventur<span class=\"_ _9\"></span>es<span class=\"_ _335\"> </span></div></td><td class=\"c n x6d8 y3347 w25 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">9<span class=\"_ _335\"> </span></div></td><td class=\"c n x6d9 y3347 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6da y3347 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">9<span class=\"_ _335\"> </span></div></td><td class=\"c n x6be y3347 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td><td class=\"c n x6db y3347 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6dc y3347 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3348 w138 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other interest receivable<span class=\"_ _335\"> </span></div></td><td class=\"c n x6dd y3348 w25 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n x6de y3348 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6df y3348 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e0 y3348 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e1 y3348 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e2 y3348 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n x6e3 y3308 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e4 y3308 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e5 y3308 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e6 y3308 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">15<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e7 y3308 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e8 y3308 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">15<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x297 h9 y3349 ff2 fs6 fc2 sc0 ls8f ws42\">Finance<span class=\"_ _2\"></span> expense<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y32db w139 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Bond and debentur<span class=\"_ _2\"></span>e debt<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e9 y32db w30 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(105)<span class=\"_ _335\"> </span></div></td><td class=\"c n x60d y32db w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6ea y32db w30 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(105)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6eb y32db w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(101)<span class=\"_ _335\"> </span></div></td><td class=\"c n x3ca y32db w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6ec y32db w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(101)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32dc w13a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Bank and other<span class=\"_ _2\"></span> short-term borr<span class=\"_ _2\"></span>owings<span class=\"_ _335\"> </span></div></td><td class=\"c n x6ed y32dc wc5 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(59)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6de y32dc w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6ee y32dc w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(59)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6ef y32dc w32 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(36)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f0 y32dc w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(5)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f1 y32dc w32 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(41)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32dd w13b hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Fair value movem<span class=\"_ _9\"></span>ent on d<span class=\"_ _9\"></span>eri<span class=\"_ _9\"></span>vative<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n x26b y32dd w2f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f2 y32dd w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(9)<span class=\"_ _335\"> </span></div></td><td class=\"c n x568 y32dd w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(9)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f3 y32dd w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f4 y32dd w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(34)<span class=\"_ _335\"> </span></div></td><td class=\"c n x3a1 y32dd w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(34)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32de w13c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other interest payable<span class=\"_ _335\"> </span></div></td><td class=\"c n x60c y32de w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td><td class=\"c n x60d y32de w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x60e y32de w8d hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td><td class=\"c n x399 y32de w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x614 y32de w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x407 y32de w5c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n x6f5 y334a w26 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(166)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f6 y334a w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(9)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f7 y334a w30 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(175)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f8 y334a w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(137)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f9 y334a w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(39)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6fa y334a w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(176)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e1 w13d hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Interest capit<span class=\"_ _2\"></span>alised in<span class=\"_ _2\"></span> relation t<span class=\"_ _2\"></span>o properties under development<span class=\"_ _335\"> </span></div></td><td class=\"c n x6fb y32e1 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">42<span class=\"_ _335\"> </span></div></td><td class=\"c n x6fc y32e1 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x536 y32e1 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">42<span class=\"_ _335\"> </span></div></td><td class=\"c n x6fd y32e1 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td><td class=\"c n x357 y32e1 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x26a y32e1 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n x6f5 y32e2 w26 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(124)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f6 y32e2 w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(9)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f7 y32e2 w30 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(133)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f8 y32e2 w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(109)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6f9 y32e2 w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(39)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6fa y32e2 w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(148)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w13e hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">Net financ<span class=\"_ _2\"></span>e expense<span class=\"_ _335\"> </span></div></td><td class=\"c n x6fe y32cb w26 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(110)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6ff y32cb w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(9)<span class=\"_ _335\"> </span></div></td><td class=\"c n x700 y32cb w30 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(119)<span class=\"_ _335\"> </span></div></td><td class=\"c n x701 y32cb w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(94)<span class=\"_ _335\"> </span></div></td><td class=\"c n x702 y32cb w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(39)<span class=\"_ _335\"> </span></div></td><td class=\"c n x703 y32cb w29 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(133)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc wd1 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Joint v<span class=\"_ _2\"></span>enture<span class=\"_ _2\"></span> net finance e<span class=\"_ _2\"></span>xpense<span class=\"_ _335\"> </span></div></td><td class=\"c n x704 y32cc w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(8)<span class=\"_ _335\"> </span></div></td><td></td><td></td><td class=\"c n x705 y32cc w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(11)<span class=\"_ _335\"> </span></div></td><td></td><td></td></tr><tr><td class=\"c n x24f y32cd w13f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Net fin<span class=\"_ _9\"></span>ance exp<span class=\"_ _9\"></span>ens<span class=\"_ _9\"></span>e inclu<span class=\"_ _9\"></span>ded in E<span class=\"_ _9\"></span>PR<span class=\"_ _9\"></span>A ea<span class=\"_ _9\"></span>rnings<span class=\"_ _335\"> </span></div></td><td class=\"c n x706 y32cd w26 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(118)<span class=\"_ _335\"> </span></div></td><td></td><td></td><td class=\"c n x2fa y32cd w29 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(105)<span class=\"_ _335\"> </span></div></td><td></td><td></td></tr></table>Lea<span class=\"_ _9\"></span>se intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t pa<span class=\"_ _9\"></span>yable o<span class=\"_ _9\"></span>f <span class=\"ff2 ls119 ws144\">\u00a3<span class=\"_ _9\"></span>7m<span class=\"_ _9\"></span></span> (202<span class=\"_ _9\"></span>5: \u00a38m<span class=\"_ _11\"></span>) is incl<span class=\"_ _9\"></span>ude<span class=\"_ _9\"></span>d with<span class=\"_ _9\"></span>in rent<span class=\"_ _9\"></span>s pa<span class=\"_ _9\"></span>yable a<span class=\"_ _9\"></span>s detail<span class=\"_ _9\"></span>ed in n<span class=\"_ _9\"></span>ote 4.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInterestExpenseExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-374": {
   "value": "<div class=\"t m0 ha2 ff1 fs7 fc0 sc0 ls15e ws19a gs1fe\">10<span class=\"_ _80\"> </span><span class=\"fc4 ls68 ws6a\">DIVIDENDS<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h4a ff1 fs1 fc0 sc0 ls1 ws1 gs1ff\">A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs200\">Interi<span class=\"_ _2\"></span>m dividend di<span class=\"_ _2\"></span>stributions to<span class=\"_ _11\"></span> shareholders are recognised in<span class=\"_ _2\"></span> the fina<span class=\"_ _2\"></span>ncial statements when paid<span class=\"_ _11\"></span>. Final d<span class=\"_ _2\"></span>ividend distributions<span class=\"_ _2\"></span> are recognised<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs201\">as a liabil<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>y in the p<span class=\"_ _9\"></span>eri<span class=\"_ _9\"></span>od in w<span class=\"_ _9\"></span>hich they ar<span class=\"_ _9\"></span>e approve<span class=\"_ _9\"></span>d by shar<span class=\"_ _9\"></span>ehol<span class=\"_ _9\"></span>der<span class=\"_ _9\"></span>s.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs202\">All sign<span class=\"_ _11\"></span>ificant cash payments for t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>e P<span class=\"_ _11\"></span>arent Company<span class=\"_ _1\"></span>, including d<span class=\"_ _11\"></span>i<span class=\"_ _9\"></span>vidend payments, are<span class=\"_ _2\"></span> made by t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>e Group<span class=\"_ _2\"></span>\u2019<span class=\"_ _11\"></span>s treasury function in accorda<span class=\"_ _2\"></span>nce<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs203\">with the Grou<span class=\"_ _2\"></span>p\u2019<span class=\"_ _1\"></span>s financial ris<span class=\"_ _2\"></span>k management policy<span class=\"_ _1\"></span>.<span class=\"_ _335\"> </span></div><div class=\"t m0 h11 ff1 fs9 fc2 sc0 ls73 ws79 gs204\">DIVIDENDS<span class=\"_ _2\"></span> P<span class=\"_ _11\"></span>AID<span class=\"_ _335\"> </span></div><div class=\"gs205\"><table class=\"s w140 hd1\" id=\"_f822bf7c-6681-45c4-b9f4-6ef8ef297cb0\"><tr><td></td><td></td><td></td><td class=\"c n x707 y334b w141 hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls41 ws36\">Pence<span class=\"_ _2\"></span> per share<span class=\"_ _335\"> </span></div></td><td></td><td></td><td class=\"c n x708 y334b w142 hb8\"><div class=\"t m0 x239 h15 y320f ff3 fsd fc2 sc0 ls41 ws36\">Y<span class=\"_ _11\"></span>ear ended 3<span class=\"_ _11\"></span>1 March<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m0 x2ba h15 y334c ff2 fsd fc2 sc0 ls3f wsbc\">2026 </td><td class=\"t m0 x247 h15 y334c ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _9\"></span> </td></tr><tr><td></td><td class=\"c n x709 y334d w143 hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls77 ws12a\">Payment dat<span class=\"_ _11\"></span>e<span class=\"_ _335\"> </span></div></td><td class=\"c n x70a y334d w144 hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls139 ws55\">PID</div></td><td class=\"c n x70b y334d w145 hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls8c ws94\">Non-PID<span class=\"_ _335\"> </span></div></td><td class=\"c n x70c y334d w146 hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 lsa4 wsb2\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></div></td><td class=\"t m0 x24d h15 y334e ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y334e ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"t m0 x297 h9 y334f ff3 fs6 fc2 sc0 ls22 ws1\">For the year en<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>d 3<span class=\"_ _11\"></span>1 M<span class=\"_ _9\"></span>arch 20<span class=\"_ _2\"></span>2<span class=\"_ _11\"></span>4:<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x2a6 y3309 w147 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws33\">Third interim<span class=\"_ _335\"> </span></div></td><td class=\"c n x70d y3309 w148 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">12 April 20<span class=\"_ _11\"></span>24<span class=\"_ _335\"> </span></div></td><td class=\"c n x70e y3309 w149 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">9.30<span class=\"_ _335\"> </span></div></td><td class=\"c n x70f y3309 w5c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x710 y3309 w14a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">9.30<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n x711 y3309 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">69<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x2a6 y330a w14b hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws77\">Final<span class=\"_ _335\"> </span></div></td><td class=\"c n x70d y330a w14c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">2<span class=\"_ _11\"></span>6 J<span class=\"_ _9\"></span>uly 20<span class=\"_ _2\"></span>2<span class=\"_ _11\"></span>4<span class=\"_ _335\"> </span></div></td><td class=\"c n x712 y330a w5e hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">12.10<span class=\"_ _335\"> </span></div></td><td class=\"c n x713 y330a w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x714 y330a w5e hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">12.10<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n x715 y330a w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">90<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x297 h9 y3350 ff3 fs6 fc2 sc0 ls22 ws1\">For the year en<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>d 3<span class=\"_ _11\"></span>1 M<span class=\"_ _9\"></span>arch 20<span class=\"_ _2\"></span>2<span class=\"_ _2\"></span>5<span class=\"_ _11\"></span>:<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x2a6 y32db w14d hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws33\">Firs<span class=\"_ _9\"></span>t interim<span class=\"_ _335\"> </span></div></td><td class=\"c n x70d y32db w14e hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">4 Oc<span class=\"_ _9\"></span>tob<span class=\"_ _9\"></span>er 202<span class=\"_ _11\"></span>4<span class=\"_ _335\"> </span></div></td><td class=\"c n x716 y32db w14a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">9.20<span class=\"_ _335\"> </span></div></td><td class=\"c n x717 y32db w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x718 y32db w149 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">9.20<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n x719 y32db w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">68<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x2a6 y32dc w14f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Second interi<span class=\"_ _2\"></span>m<span class=\"_ _335\"> </span></div></td><td class=\"c n x71a y32dc w150 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls37 ws34\">8 January 20<span class=\"_ _2\"></span>2<span class=\"_ _2\"></span>5<span class=\"_ _335\"> </span></div></td><td class=\"c n x71b y32dc w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x71c y32dc w14a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">9.40<span class=\"_ _335\"> </span></div></td><td class=\"c n x71d y32dc w14a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">9.40<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n x71e y32dc w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">70<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x2a6 y32dd w147 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws33\">Third interim<span class=\"_ _335\"> </span></div></td><td class=\"c n x70d y32dd w151 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls128 ws80\">11<span class=\"_ _9\"></span> Ap<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>il<span class=\"_ _9\"></span> 2025<span class=\"_ _335\"> </span></div></td><td class=\"c n x71f y32dd w152 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">9.50<span class=\"_ _335\"> </span></div></td><td class=\"c n x720 y32dd w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x721 y32dd w152 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">9.50<span class=\"_ _335\"> </span></div></td><td class=\"c n x722 y32dd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">71<span class=\"_ _335\"> </span></div></td><td></td></tr><tr><td class=\"c n x2a6 y32df w14b hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws77\">Final<span class=\"_ _335\"> </span></div></td><td class=\"c n x70d y32df w153 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls128 ws80\">25 J<span class=\"_ _9\"></span>u<span class=\"_ _9\"></span>ly<span class=\"_ _9\"></span> 2025<span class=\"_ _335\"> </span></div></td><td class=\"c n x723 y32df w58 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">12.30<span class=\"_ _335\"> </span></div></td><td class=\"c n x724 y32df w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x725 y32df w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">12.30<span class=\"_ _335\"> </span></div></td><td class=\"c n x726 y32df w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">91<span class=\"_ _335\"> </span></div></td><td></td></tr><tr><td class=\"t m0 x297 h9 y3351 ff3 fs6 fc2 sc0 ls22 ws1\">For the year en<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>d 3<span class=\"_ _11\"></span>1 M<span class=\"_ _9\"></span>arch 20<span class=\"_ _2\"></span>2<span class=\"_ _11\"></span>6:<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x2a6 y32e1 w154 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls31 ws10c\">Interim<span class=\"_ _335\"> </span></div></td><td class=\"c n x727 y32e1 w155 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">9 January 202<span class=\"_ _11\"></span>6<span class=\"_ _335\"> </span></div></td><td class=\"c n x728 y32e1 w58 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">13.60<span class=\"_ _335\"> </span></div></td><td class=\"c n x729 y32e1 w152 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">5.40<span class=\"_ _335\"> </span></div></td><td class=\"c n x72a y32e1 w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">19.00<span class=\"_ _335\"> </span></div></td><td class=\"c n x72b y32e1 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">141<span class=\"_ _335\"> </span></div></td><td></td></tr><tr><td class=\"c n x24f y32e2 w156 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls7e ws85\">Gross dividends<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td></td><td class=\"c n x72c y32e2 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">303<span class=\"_ _335\"> </span></div></td><td class=\"c n x60b y32e2 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">297<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w157 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">Dividends i<span class=\"_ _2\"></span>n the<span class=\"_ _2\"></span> stat<span class=\"_ _11\"></span>ement of changes<span class=\"_ _2\"></span> in equi<span class=\"_ _2\"></span>ty<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td></td><td class=\"c n x72d y32cb w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">303<span class=\"_ _335\"> </span></div></td><td class=\"c n x72e y32cb w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">297<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w158 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Timing d<span class=\"_ _2\"></span>ifference on<span class=\"_ _11\"></span> p<span class=\"_ _9\"></span>ayment of withholdi<span class=\"_ _2\"></span>ng tax<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td></td><td class=\"c n x72f y32cc w2b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(13)<span class=\"_ _335\"> </span></div></td><td class=\"c n x730 y32cc w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">8<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w159 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Divi<span class=\"_ _9\"></span>dend<span class=\"_ _9\"></span>s in the statem<span class=\"_ _9\"></span>ent of cas<span class=\"_ _9\"></span>h flows<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td></td><td class=\"c n x731 y32cd w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">290<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c8 y32cd w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">305<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs206\">The B<span class=\"_ _9\"></span>oard h<span class=\"_ _9\"></span>as re<span class=\"_ _9\"></span>comm<span class=\"_ _9\"></span>end<span class=\"_ _9\"></span>ed a final di<span class=\"_ _9\"></span>vid<span class=\"_ _9\"></span>end f<span class=\"_ _9\"></span>or the ye<span class=\"_ _9\"></span>ar end<span class=\"_ _9\"></span>ed 31 March 2026 of <span class=\"ff2 ls81 wsb8\">22.2p</span> p<span class=\"_ _9\"></span>er ord<span class=\"_ _9\"></span>inar<span class=\"_ _9\"></span>y sh<span class=\"_ _9\"></span>are (202<span class=\"_ _9\"></span>5: 1<span class=\"_ _11\"></span>2.3<span class=\"_ _9\"></span>p<span class=\"_ _11\"></span>) to be p<span class=\"_ _9\"></span>aid a<span class=\"_ _9\"></span>s a PID<span class=\"_ _11\"></span>. </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs207\">This final di<span class=\"_ _9\"></span>vid<span class=\"_ _9\"></span>end w<span class=\"_ _9\"></span>ill res<span class=\"_ _9\"></span>ult in a fur<span class=\"_ _a\"></span>ther es<span class=\"_ _9\"></span>tim<span class=\"_ _9\"></span>ated d<span class=\"_ _9\"></span>is<span class=\"_ _9\"></span>tribu<span class=\"_ _9\"></span>tion of <span class=\"ff2 ls120 ws156\">\u00a31<span class=\"_ _9\"></span>6<span class=\"_ _9\"></span>4<span class=\"_ _9\"></span>m</span><span class=\"ls29 ws28\"> (<span class=\"_ _9\"></span>2025<span class=\"_ _11\"></span>: \u00a39<span class=\"_ _2\"></span>2m<span class=\"_ _11\"></span>)<span class=\"_ _1\"></span>. Subject to shareholders<span class=\"_ _2\"></span>\u2019 appro<span class=\"_ _2\"></span>val at<span class=\"_ _2\"></span> the Annua<span class=\"_ _2\"></span>l General </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs208\">Mee<span class=\"_ _9\"></span>ting, the fin<span class=\"_ _9\"></span>al divi<span class=\"_ _9\"></span>den<span class=\"_ _9\"></span>d will b<span class=\"_ _9\"></span>e paid o<span class=\"_ _9\"></span>n 24 July 2026 to shareho<span class=\"_ _9\"></span>lde<span class=\"_ _9\"></span>rs re<span class=\"_ _9\"></span>gis<span class=\"_ _9\"></span>tere<span class=\"_ _9\"></span>d at th<span class=\"_ _9\"></span>e clos<span class=\"_ _9\"></span>e of bu<span class=\"_ _9\"></span>sine<span class=\"_ _9\"></span>ss on 19 June 2026. </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs209\">The total d<span class=\"_ _9\"></span>ivi<span class=\"_ _9\"></span>dend p<span class=\"_ _9\"></span>aid an<span class=\"_ _9\"></span>d rec<span class=\"_ _9\"></span>omme<span class=\"_ _9\"></span>nde<span class=\"_ _9\"></span>d in re<span class=\"_ _9\"></span>spe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t of the ye<span class=\"_ _9\"></span>ar en<span class=\"_ _9\"></span>ded 31 March 2026 is <span class=\"ff2 ls20 ws1e\"><span><span class=\"gs20a\" id=\"__1\">41. 2</span></span><span class=\"_ _9\"></span>p<span class=\"_ _9\"></span></span> per o<span class=\"_ _9\"></span>rdinar<span class=\"_ _a\"></span>y share (2025: <span>40.4</span>p<span class=\"_ _11\"></span>) res<span class=\"_ _9\"></span>ulting in<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs20b\">a total es<span class=\"_ _9\"></span>tim<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>d dis<span class=\"_ _9\"></span>tribu<span class=\"_ _9\"></span>tion of <span class=\"ff2 ls36 ws77\">\u00a3<span class=\"_ _9\"></span>305<span class=\"_ _9\"></span>m</span> (2025: \u00a3301m<span class=\"_ _11\"></span>)<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs20c\">For the year en<span class=\"_ _9\"></span>ding 31 March 2027<span class=\"_ _1\"></span>, the Group w<span class=\"_ _9\"></span>ill p<span class=\"_ _9\"></span>ay t<span class=\"_ _9\"></span>wo hal<span class=\"_ _9\"></span>f-y<span class=\"_ _2\"></span>earl<span class=\"_ _9\"></span>y div<span class=\"_ _9\"></span>iden<span class=\"_ _9\"></span>ds, likely to b<span class=\"_ _9\"></span>e in Januar<span class=\"_ _a\"></span>y 2027 and July 2027<span class=\"_ _12\"></span>.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs20d\">A Div<span class=\"_ _9\"></span>iden<span class=\"_ _9\"></span>d Reinves<span class=\"_ _9\"></span>tme<span class=\"_ _9\"></span>nt Plan (DRIP) has b<span class=\"_ _9\"></span>ee<span class=\"_ _9\"></span>n availab<span class=\"_ _9\"></span>le in re<span class=\"_ _9\"></span>spe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t of al<span class=\"_ _9\"></span>l divi<span class=\"_ _9\"></span>den<span class=\"_ _9\"></span>ds pai<span class=\"_ _9\"></span>d during th<span class=\"_ _9\"></span>e year<span class=\"_ _11\"></span>. The l<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>t day fo<span class=\"_ _9\"></span>r DRIP el<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>ons fo<span class=\"_ _9\"></span>r the </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs20e\">final div<span class=\"_ _9\"></span>ide<span class=\"_ _9\"></span>nd is cl<span class=\"_ _9\"></span>ose of b<span class=\"_ _9\"></span>usine<span class=\"_ _9\"></span>ss o<span class=\"_ _9\"></span>n 3 July 2026.</div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfDividendsExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-447": {
   "value": "A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Interi<span class=\"_ _2\"></span>m dividend di<span class=\"_ _2\"></span>stributions to<span class=\"_ _11\"></span> shareholders are recognised in<span class=\"_ _2\"></span> the fina<span class=\"_ _2\"></span>ncial statements when paid<span class=\"_ _11\"></span>. Final d<span class=\"_ _2\"></span>ividend distributions<span class=\"_ _2\"></span> are recognised<span class=\"_ _335\"> </span> as a liabil<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>y in the p<span class=\"_ _9\"></span>eri<span class=\"_ _9\"></span>od in w<span class=\"_ _9\"></span>hich they ar<span class=\"_ _9\"></span>e approve<span class=\"_ _9\"></span>d by shar<span class=\"_ _9\"></span>ehol<span class=\"_ _9\"></span>der<span class=\"_ _9\"></span>s.<span class=\"_ _335\"> </span>All sign<span class=\"_ _11\"></span>ificant cash payments for t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>e P<span class=\"_ _11\"></span>arent Company<span class=\"_ _1\"></span>, including d<span class=\"_ _11\"></span>i<span class=\"_ _9\"></span>vidend payments, are<span class=\"_ _2\"></span> made by t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>e Group<span class=\"_ _2\"></span>\u2019<span class=\"_ _11\"></span>s treasury function in accorda<span class=\"_ _2\"></span>nce<span class=\"_ _335\"> </span> with the Grou<span class=\"_ _2\"></span>p\u2019<span class=\"_ _1\"></span>s financial ris<span class=\"_ _2\"></span>k management policy<span class=\"_ _1\"></span>.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForDividendsExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-362": {
   "value": "0.412",
   "decimals": 3,
   "dimensions": {
    "concept": "ifrs-full:DividendsRecognisedAsDistributionsToOwnersPerShare",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00",
    "unit": "iso4217:GBP/xbrli:shares"
   }
  },
  "fact-363": {
   "value": "0.404",
   "decimals": 3,
   "dimensions": {
    "concept": "ifrs-full:DividendsRecognisedAsDistributionsToOwnersPerShare",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2024-04-01T00:00:00/2025-04-01T00:00:00",
    "unit": "iso4217:GBP/xbrli:shares"
   }
  },
  "fact-375": {
   "value": "<div class=\"t m0 ha2 ff1 fs7 fc0 sc0 ls15f ws19b gs210\">11<span class=\"_ _95\"> </span><span class=\"fc4 lsd2 wsf3\">INCOME T<span class=\"_ _1\"></span>A<span class=\"_ _a\"></span>X<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h4a ff1 fs1 fc0 sc0 ls1 ws1 gs211\">A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs212\">Incom<span class=\"_ _9\"></span>e tax on th<span class=\"_ _9\"></span>e profit o<span class=\"_ _9\"></span>r los<span class=\"_ _9\"></span>s for th<span class=\"_ _9\"></span>e year co<span class=\"_ _9\"></span>mpri<span class=\"_ _9\"></span>ses cu<span class=\"_ _9\"></span>rrent an<span class=\"_ _9\"></span>d def<span class=\"_ _9\"></span>erre<span class=\"_ _9\"></span>d tax. Current ta<span class=\"_ _9\"></span>x is the ta<span class=\"_ _9\"></span>x payab<span class=\"_ _9\"></span>le on th<span class=\"_ _9\"></span>e taxabl<span class=\"_ _9\"></span>e incom<span class=\"_ _9\"></span>e for th<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs213\">year and any adju<span class=\"_ _9\"></span>stm<span class=\"_ _9\"></span>ent in re<span class=\"_ _9\"></span>sp<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>t o<span class=\"_ _9\"></span>f previ<span class=\"_ _9\"></span>ous ye<span class=\"_ _9\"></span>ars. Def<span class=\"_ _9\"></span>erre<span class=\"_ _9\"></span>d tax is p<span class=\"_ _9\"></span>rovid<span class=\"_ _9\"></span>ed in fu<span class=\"_ _9\"></span>ll using th<span class=\"_ _9\"></span>e bal<span class=\"_ _9\"></span>ance sh<span class=\"_ _9\"></span>ee<span class=\"_ _9\"></span>t liabil<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>y me<span class=\"_ _9\"></span>tho<span class=\"_ _9\"></span>d on temp<span class=\"_ _9\"></span>orar<span class=\"_ _a\"></span>y<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs214\">differences<span class=\"_ _2\"></span> bet<span class=\"_ _9\"></span>ween the car<span class=\"_ _2\"></span>r<span class=\"_ _9\"></span>ying amounts<span class=\"_ _2\"></span> of assets and lia<span class=\"_ _2\"></span>bilities f<span class=\"_ _2\"></span>or financi<span class=\"_ _2\"></span>al reporting purposes and<span class=\"_ _2\"></span> the amounts u<span class=\"_ _2\"></span>sed for tax<span class=\"_ _11\"></span>a<span class=\"_ _9\"></span>tion pur<span class=\"_ _2\"></span>poses.<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs215\">Def<span class=\"_ _9\"></span>erre<span class=\"_ _9\"></span>d tax is de<span class=\"_ _9\"></span>term<span class=\"_ _9\"></span>ine<span class=\"_ _9\"></span>d using tax r<span class=\"_ _9\"></span>ates th<span class=\"_ _9\"></span>at ha<span class=\"_ _9\"></span>ve be<span class=\"_ _9\"></span>en en<span class=\"_ _9\"></span>ac<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d or subs<span class=\"_ _9\"></span>tanti<span class=\"_ _9\"></span>vely e<span class=\"_ _9\"></span>nac<span class=\"_ _a\"></span>ted by the rep<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>tin<span class=\"_ _9\"></span>g date a<span class=\"_ _9\"></span>nd are ex<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ted to app<span class=\"_ _9\"></span>ly<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs216\">whe<span class=\"_ _9\"></span>n the as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>t is real<span class=\"_ _9\"></span>ise<span class=\"_ _9\"></span>d, or the liabi<span class=\"_ _9\"></span>lit<span class=\"_ _9\"></span>y is s<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>tle<span class=\"_ _9\"></span>d.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs217\">No provision<span class=\"_ _11\"></span> is made for temporary differences<span class=\"_ _2\"></span> (i) a<span class=\"_ _2\"></span>rising on<span class=\"_ _2\"></span> the in<span class=\"_ _2\"></span>itial recognit<span class=\"_ _2\"></span>ion of assets or l<span class=\"_ _2\"></span>iabiliti<span class=\"_ _2\"></span>es, other t<span class=\"_ _11\"></span>han on a business combinat<span class=\"_ _2\"></span>ion,<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs218\">that affe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t ne<span class=\"_ _9\"></span>ithe<span class=\"_ _9\"></span>r acco<span class=\"_ _9\"></span>unting n<span class=\"_ _9\"></span>or taxabl<span class=\"_ _9\"></span>e profi<span class=\"_ _9\"></span>t and (ii) re<span class=\"_ _9\"></span>latin<span class=\"_ _9\"></span>g to inves<span class=\"_ _9\"></span>tment<span class=\"_ _9\"></span>s in subs<span class=\"_ _9\"></span>idiari<span class=\"_ _9\"></span>es to the ex<span class=\"_ _a\"></span>tent that th<span class=\"_ _9\"></span>ey will n<span class=\"_ _9\"></span>ot rever<span class=\"_ _9\"></span>se in th<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs219\">foreseeable future<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></div><div class=\"t m0 h4a ff1 fs1 fc0 sc0 ls1 ws1 gs21a\">S<span class=\"_ _87\"> </span><span class=\"fc2 lsd0 wsa4\">SIGNIFICANT<span class=\"_ _11\"></span> ACCOUNTING<span class=\"_ _11\"></span> JU<span class=\"_ _9\"></span>DGEMENT<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs21b\">The Gr<span class=\"_ _9\"></span>oup is a Real E<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>tate Inves<span class=\"_ _9\"></span>tm<span class=\"_ _9\"></span>ent T<span class=\"_ _11\"></span>r<span class=\"_ _9\"></span>us<span class=\"_ _9\"></span>t (\u2018REIT\u2019)<span class=\"_ _1\"></span>. As a re<span class=\"_ _9\"></span>sult, the G<span class=\"_ _9\"></span>roup d<span class=\"_ _9\"></span>oe<span class=\"_ _9\"></span>s not p<span class=\"_ _9\"></span>ay UK c<span class=\"_ _9\"></span>orp<span class=\"_ _9\"></span>orati<span class=\"_ _9\"></span>on tax on i<span class=\"_ _9\"></span>ts p<span class=\"_ _9\"></span>rofit<span class=\"_ _9\"></span>s and gai<span class=\"_ _9\"></span>ns from th<span class=\"_ _9\"></span>e </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs21c\">qualif<span class=\"_ _a\"></span>ying rental b<span class=\"_ _9\"></span>usine<span class=\"_ _9\"></span>ss in th<span class=\"_ _9\"></span>e UK. No<span class=\"_ _9\"></span>n-qual<span class=\"_ _9\"></span>if<span class=\"_ _9\"></span>yin<span class=\"_ _9\"></span>g profit<span class=\"_ _9\"></span>s and g<span class=\"_ _9\"></span>ains of th<span class=\"_ _9\"></span>e Grou<span class=\"_ _9\"></span>p continu<span class=\"_ _9\"></span>e to be subje<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t to co<span class=\"_ _9\"></span>rpor<span class=\"_ _9\"></span>atio<span class=\"_ _9\"></span>n tax as no<span class=\"_ _9\"></span>rmal. In order<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs21d\">to maintain gro<span class=\"_ _9\"></span>up REIT sta<span class=\"_ _9\"></span>tus, cer<span class=\"_ _a\"></span>tain ongoi<span class=\"_ _9\"></span>ng cri<span class=\"_ _9\"></span>teria mu<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t be me<span class=\"_ _9\"></span>t. The main c<span class=\"_ _9\"></span>riter<span class=\"_ _9\"></span>ia are as fo<span class=\"_ _9\"></span>llow<span class=\"_ _9\"></span>s:<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws21 gs21e\">\u2022 </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs21f\">at the s<span class=\"_ _9\"></span>tar<span class=\"_ _a\"></span>t of each a<span class=\"_ _9\"></span>ccoun<span class=\"_ _9\"></span>ting p<span class=\"_ _9\"></span>erio<span class=\"_ _9\"></span>d, the ass<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s of the ta<span class=\"_ _9\"></span>x exemp<span class=\"_ _9\"></span>t busin<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>s mus<span class=\"_ _9\"></span>t be a<span class=\"_ _9\"></span>t lea<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t 75<span class=\"_ _11\"></span>% o<span class=\"_ _9\"></span>f the total val<span class=\"_ _9\"></span>ue of the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _2\"></span>s ass<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s;<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws21 gs220\">\u2022 </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs221\">at le<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>t 75<span class=\"_ _2\"></span>% of the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _11\"></span>s to<span class=\"_ _9\"></span>tal profit<span class=\"_ _9\"></span>s mus<span class=\"_ _9\"></span>t ar<span class=\"_ _9\"></span>ise fro<span class=\"_ _9\"></span>m the tax exem<span class=\"_ _9\"></span>pt bu<span class=\"_ _9\"></span>sine<span class=\"_ _9\"></span>ss; and<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws21 gs222\">\u2022 </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs223\">at le<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>t 90% of the no<span class=\"_ _9\"></span>tional ta<span class=\"_ _9\"></span>xable p<span class=\"_ _9\"></span>rofit of th<span class=\"_ _9\"></span>e prop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y r<span class=\"_ _9\"></span>ental bu<span class=\"_ _9\"></span>sine<span class=\"_ _9\"></span>ss mus<span class=\"_ _9\"></span>t b<span class=\"_ _9\"></span>e dis<span class=\"_ _9\"></span>trib<span class=\"_ _9\"></span>uted.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs224\">The Directors intend<span class=\"_ _2\"></span> that the Gr<span class=\"_ _2\"></span>oup should<span class=\"_ _2\"></span> continue<span class=\"_ _11\"></span> as a REIT<span class=\"_ _2\"></span> for the<span class=\"_ _2\"></span> foreseeable future<span class=\"_ _11\"></span>, with the result<span class=\"_ _2\"></span> that deferred t<span class=\"_ _11\"></span>ax is no longer </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs225\">recognised on tem<span class=\"_ _2\"></span>porary differences relating<span class=\"_ _11\"></span> to the propert<span class=\"_ _9\"></span>y rental bu<span class=\"_ _2\"></span>siness.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs226\">Deferred tax assets and<span class=\"_ _2\"></span> liabil<span class=\"_ _2\"></span>ities require<span class=\"_ _11\"></span> management judgement in determ<span class=\"_ _2\"></span>ining<span class=\"_ _2\"></span> the amounts<span class=\"_ _11\"></span>, if any<span class=\"_ _1\"></span>, to be recognised<span class=\"_ _11\"></span>. In particular<span class=\"_ _1\"></span>, </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs227\">judgement is r<span class=\"_ _2\"></span>equired when assessing t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>e extent to<span class=\"_ _2\"></span> which deferred t<span class=\"_ _11\"></span>ax asset<span class=\"_ _9\"></span>s should be recogn<span class=\"_ _2\"></span>ised, t<span class=\"_ _2\"></span>aking in<span class=\"_ _2\"></span>to accou<span class=\"_ _2\"></span>nt the e<span class=\"_ _2\"></span>xpec<span class=\"_ _9\"></span>ted timi<span class=\"_ _2\"></span>ng </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs228\">and leve<span class=\"_ _9\"></span>l of futu<span class=\"_ _9\"></span>re taxabl<span class=\"_ _9\"></span>e incom<span class=\"_ _9\"></span>e. Defer<span class=\"_ _9\"></span>red tax a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s are onl<span class=\"_ _9\"></span>y rec<span class=\"_ _9\"></span>ognis<span class=\"_ _9\"></span>ed w<span class=\"_ _9\"></span>hen m<span class=\"_ _9\"></span>anag<span class=\"_ _9\"></span>eme<span class=\"_ _9\"></span>nt be<span class=\"_ _9\"></span>lieves i<span class=\"_ _9\"></span>t is pro<span class=\"_ _9\"></span>bab<span class=\"_ _9\"></span>le tha<span class=\"_ _9\"></span>t futur<span class=\"_ _9\"></span>e taxable<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs229\">profits will<span class=\"_ _2\"></span> be availa<span class=\"_ _2\"></span>ble against which t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>e deductible temporary differences c<span class=\"_ _2\"></span>an be util<span class=\"_ _11\"></span>ise<span class=\"_ _9\"></span>d.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs22a\">The majo<span class=\"_ _9\"></span>r com<span class=\"_ _9\"></span>pon<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s of inc<span class=\"_ _9\"></span>ome tax f<span class=\"_ _9\"></span>or the ye<span class=\"_ _9\"></span>ars e<span class=\"_ _9\"></span>nde<span class=\"_ _9\"></span>d 31 March 202<span class=\"_ _2\"></span>6 and 2025 are:<span class=\"_ _335\"> </span></div><div class=\"gs22b\"><table class=\"s we5 hd2\" id=\"_59ecdf50-4aee-47fc-86e7-dbb060b0515b\"><tr><td></td><td class=\"t m0 x2ba h15 y3352 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y3352 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24d h15 y3353 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3353 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"t m0 x297 h9 y3354 ff2 fs6 fc2 sc0 ls8f ws42\">Income st<span class=\"_ _11\"></span>atement<span class=\"_ _11\"></span>:<span class=\"_ _335\"> </span></td><td></td><td></td></tr><tr><td class=\"c n x24f y32e2 w15a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Current<span class=\"_ _2\"></span> income tax<span class=\"_ _11\"></span> charge<span class=\"_ _335\"> </span></div></td><td class=\"c n x732 y32e2 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x2c0 y32e2 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e3 w15b hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Deferred income t<span class=\"_ _2\"></span>ax credit<span class=\"_ _335\"> </span></div></td><td class=\"c n x310 y32e3 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x535 y32e3 w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(3)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x297 h9 y3355 ff2 fs6 fc2 sc0 ls8f ws42\">S<span class=\"_ _2\"></span>tat<span class=\"_ _11\"></span>ement of other<span class=\"_ _11\"></span> comprehensive<span class=\"_ _2\"></span> income<span class=\"_ _11\"></span>:<span class=\"_ _335\"> </span></td><td></td><td></td></tr><tr><td class=\"c n x24f y3356 w15c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Deferred income t<span class=\"_ _2\"></span>ax charge<span class=\"_ _335\"> </span></div></td><td class=\"c n x310 y3356 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x358 y3356 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w15d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">T<span class=\"_ _11\"></span>ota<span class=\"_ _2\"></span>l income<span class=\"_ _11\"></span> tax charge<span class=\"_ _2\"></span> in t<span class=\"_ _2\"></span>he consol<span class=\"_ _2\"></span>idat<span class=\"_ _2\"></span>ed stat<span class=\"_ _11\"></span>ement of compr<span class=\"_ _2\"></span>ehensiv<span class=\"_ _2\"></span>e income<span class=\"_ _335\"> </span></div></td><td class=\"c n x733 y32cd w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x734 y32cd w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs22d\">The tax fo<span class=\"_ _9\"></span>r the ye<span class=\"_ _9\"></span>ar is lowe<span class=\"_ _9\"></span>r than the s<span class=\"_ _9\"></span>tand<span class=\"_ _9\"></span>ard rate o<span class=\"_ _9\"></span>f corp<span class=\"_ _9\"></span>ora<span class=\"_ _9\"></span>tion ta<span class=\"_ _9\"></span>x in the UK of <span class=\"ff2 ls11d ws152\">2<span class=\"_ _9\"></span>5%<span class=\"_ _9\"></span></span> (2025: 25%<span class=\"_ _11\"></span>)<span class=\"_ _1\"></span>. Th<span class=\"_ _9\"></span>e differe<span class=\"_ _9\"></span>nce<span class=\"_ _9\"></span>s are exp<span class=\"_ _9\"></span>laine<span class=\"_ _9\"></span>d as b<span class=\"_ _9\"></span>elow<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></div><div class=\"gs22e\"><table class=\"s w15e hd3\" id=\"_8a478ea2-1fe7-4212-a186-bb7f198759ff\"><tr><td></td><td class=\"t m0 x6cc h15 y3357 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x440 h15 y3357 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x6cd h15 y3358 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x446 h15 y3358 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x447 y3359 w3a hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Profit befo<span class=\"_ _9\"></span>re tax<span class=\"_ _335\"> </span></div></td><td class=\"c n x735 y3359 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">346<span class=\"_ _335\"> </span></div></td><td class=\"c n x736 y3359 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">393<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x447 y32db w15f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Profit be<span class=\"_ _9\"></span>fore ta<span class=\"_ _9\"></span>x multip<span class=\"_ _9\"></span>lied by th<span class=\"_ _9\"></span>e rate of c<span class=\"_ _9\"></span>orp<span class=\"_ _9\"></span>orati<span class=\"_ _9\"></span>on tax in th<span class=\"_ _9\"></span>e UK of 25<span class=\"_ _11\"></span>% (20<span class=\"_ _2\"></span>25<span class=\"_ _1\"></span>: 25<span class=\"_ _2\"></span>%<span class=\"_ _11\"></span>)<span class=\"_ _335\"> </span></div></td><td class=\"c n x737 y32db w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">87<span class=\"_ _335\"> </span></div></td><td class=\"c n x738 y32db w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">98<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x447 y335a w160 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Adjus<span class=\"_ _9\"></span>tmen<span class=\"_ _9\"></span>t for exemp<span class=\"_ _9\"></span>t pro<span class=\"_ _9\"></span>per<span class=\"_ _a\"></span>ty re<span class=\"_ _9\"></span>ntal profi<span class=\"_ _9\"></span>ts an<span class=\"_ _9\"></span>d revalua<span class=\"_ _9\"></span>tions i<span class=\"_ _9\"></span>n the year<span class=\"_ _335\"> </span></div></td><td class=\"c n x739 y335a w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(95)<span class=\"_ _335\"> </span></div></td><td class=\"c n x73a y335a w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(110)<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n x73b y335b w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(8)<span class=\"_ _335\"> </span></div></td><td class=\"c n x73c y335b w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(12)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x6ce h9 y335c ff3 fs6 fc2 sc0 ls1d ws25\">Effe<span class=\"_ _9\"></span>c<span class=\"_ _a\"></span>t<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span> o<span class=\"_ _9\"></span>f:<span class=\"_ _335\"> </span></td><td></td><td></td></tr><tr><td class=\"c n x6cf y32e0 w161 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Timing d<span class=\"_ _2\"></span>ifference on<span class=\"_ _11\"></span> repurchase of medium<span class=\"_ _2\"></span> term notes<span class=\"_ _335\"> </span></div></td><td class=\"c n x73d y32e0 w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(7)<span class=\"_ _335\"> </span></div></td><td class=\"c n x73e y32e0 w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(11)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x6cf y32e1 w162 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Interest rate<span class=\"_ _2\"></span> fair v<span class=\"_ _11\"></span>alue movements and ot<span class=\"_ _2\"></span>her temporary differences<span class=\"_ _335\"> </span></div></td><td class=\"c n x73f y32e1 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x740 y32e1 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x6cf y32e2 wd9 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Impair<span class=\"_ _9\"></span>ment o<span class=\"_ _9\"></span>f goo<span class=\"_ _9\"></span>dw<span class=\"_ _9\"></span>ill<span class=\"_ _335\"> </span></div></td><td class=\"c n x741 y32e2 w37 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x742 y32e2 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x6cf y32e3 w163 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Rev<span class=\"_ _11\"></span>aluation of owner<span class=\"_ _11\"></span>-occupied proper<span class=\"_ _9\"></span>ty<span class=\"_ _335\"> </span></div></td><td class=\"c n x743 y32e3 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x744 y32e3 w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(3)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x6cf y32cb w164 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Non-allo<span class=\"_ _2\"></span>wable expenses a<span class=\"_ _2\"></span>nd non-<span class=\"_ _2\"></span>taxable<span class=\"_ _2\"></span> items<span class=\"_ _335\"> </span></div></td><td class=\"c n x745 y32cb w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x746 y32cb w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">12<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x6cf y32cc w165 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Movement i<span class=\"_ _11\"></span>n unrecognised tax losses<span class=\"_ _335\"> </span></div></td><td class=\"c n x747 y32cc w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">13<span class=\"_ _335\"> </span></div></td><td class=\"c n x748 y32cc w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w15d hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">T<span class=\"_ _11\"></span>ota<span class=\"_ _2\"></span>l income<span class=\"_ _11\"></span> tax charge<span class=\"_ _2\"></span> in t<span class=\"_ _2\"></span>he consol<span class=\"_ _2\"></span>idat<span class=\"_ _2\"></span>ed stat<span class=\"_ _11\"></span>ement of compr<span class=\"_ _2\"></span>ehensiv<span class=\"_ _2\"></span>e income<span class=\"_ _335\"> </span></div></td><td class=\"c n x733 y32cd w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x734 y32cd w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs22f\">Def<span class=\"_ _9\"></span>erre<span class=\"_ _9\"></span>d tax is cal<span class=\"_ _9\"></span>cula<span class=\"_ _9\"></span>ted a<span class=\"_ _9\"></span>t the ra<span class=\"_ _9\"></span>te subs<span class=\"_ _9\"></span>tantive<span class=\"_ _9\"></span>ly en<span class=\"_ _9\"></span>ac<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d at the b<span class=\"_ _9\"></span>alan<span class=\"_ _9\"></span>ce she<span class=\"_ _9\"></span>et d<span class=\"_ _9\"></span>ate of <span class=\"ff2 ls11d ws152\">2<span class=\"_ _9\"></span>5%<span class=\"_ _9\"></span></span> (202<span class=\"_ _9\"></span>5: 25<span class=\"_ _11\"></span>%<span class=\"_ _2\"></span>)<span class=\"_ _1\"></span>.<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls26 ws1 gs230\">Ther<span class=\"_ _9\"></span>e are unre<span class=\"_ _9\"></span>cog<span class=\"_ _9\"></span>nise<span class=\"_ _9\"></span>d defe<span class=\"_ _9\"></span>rre<span class=\"_ _9\"></span>d tax as<span class=\"_ _9\"></span>set<span class=\"_ _9\"></span>s on th<span class=\"_ _9\"></span>e follow<span class=\"_ _9\"></span>ing i<span class=\"_ _9\"></span>tems du<span class=\"_ _9\"></span>e to the high d<span class=\"_ _9\"></span>egre<span class=\"_ _9\"></span>e of unc<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>tain<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y as to their f<span class=\"_ _9\"></span>uture u<span class=\"_ _9\"></span>tilisa<span class=\"_ _9\"></span>tion by n<span class=\"_ _9\"></span>on-REIT </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls3c ws33 gs231\">qualif<span class=\"_ _9\"></span>yin<span class=\"_ _9\"></span>g ac<span class=\"_ _9\"></span>tiv<span class=\"_ _9\"></span>ities.<span class=\"_ _335\"> </span></div><div class=\"gs232\"><table class=\"s w166 hd4\" id=\"_e8a01839-e907-41b9-905c-1c896ebff281\"><tr><td></td><td class=\"t m0 x2ba h15 y335d ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y335d ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24d h15 y335e ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y335e ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32ca w167 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Rev<span class=\"_ _11\"></span>enue losses<span class=\"_ _335\"> </span></div></td><td class=\"c n x749 y32ca w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">235<span class=\"_ _335\"> </span></div></td><td class=\"c n x74a y32ca w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">247<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w168 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1e wsb4\">Capital losses<span class=\"_ _335\"> </span></div></td><td class=\"c n x72c y32cb w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">258<span class=\"_ _335\"> </span></div></td><td class=\"c n x60b y32cb w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">263<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w169 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other unrecognised tempora<span class=\"_ _2\"></span>r<span class=\"_ _9\"></span>y diff<span class=\"_ _2\"></span>erences<span class=\"_ _335\"> </span></div></td><td class=\"c n x74b y32cc w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n x74c y32cc w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w16a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">T<span class=\"_ _11\"></span>otal unrecognised items<span class=\"_ _335\"> </span></div></td><td class=\"c n x74d y32cd w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">500<span class=\"_ _335\"> </span></div></td><td class=\"c n x74e y32cd w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">512<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs233\">The move<span class=\"_ _9\"></span>men<span class=\"_ _9\"></span>t in unre<span class=\"_ _9\"></span>cogni<span class=\"_ _9\"></span>sed ta<span class=\"_ _9\"></span>x los<span class=\"_ _9\"></span>ses r<span class=\"_ _9\"></span>eflec<span class=\"_ _a\"></span>ts los<span class=\"_ _9\"></span>ses ar<span class=\"_ _9\"></span>ising in th<span class=\"_ _9\"></span>e year an<span class=\"_ _9\"></span>d utilis<span class=\"_ _9\"></span>atio<span class=\"_ _9\"></span>n of los<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>s brou<span class=\"_ _9\"></span>ght for<span class=\"_ _a\"></span>ward.</div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfIncomeTaxExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-405": {
   "value": "11<span class=\"_ _95\"> </span><span class=\"fc4 lsd2 wsf3\">INCOME T<span class=\"_ _1\"></span>A<span class=\"_ _a\"></span>X<span class=\"_ _335\"> </span></span>A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Incom<span class=\"_ _9\"></span>e tax on th<span class=\"_ _9\"></span>e profit o<span class=\"_ _9\"></span>r los<span class=\"_ _9\"></span>s for th<span class=\"_ _9\"></span>e year co<span class=\"_ _9\"></span>mpri<span class=\"_ _9\"></span>ses cu<span class=\"_ _9\"></span>rrent an<span class=\"_ _9\"></span>d def<span class=\"_ _9\"></span>erre<span class=\"_ _9\"></span>d tax. Current ta<span class=\"_ _9\"></span>x is the ta<span class=\"_ _9\"></span>x payab<span class=\"_ _9\"></span>le on th<span class=\"_ _9\"></span>e taxabl<span class=\"_ _9\"></span>e incom<span class=\"_ _9\"></span>e for th<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span> year and any adju<span class=\"_ _9\"></span>stm<span class=\"_ _9\"></span>ent in re<span class=\"_ _9\"></span>sp<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>t o<span class=\"_ _9\"></span>f previ<span class=\"_ _9\"></span>ous ye<span class=\"_ _9\"></span>ars. Def<span class=\"_ _9\"></span>erre<span class=\"_ _9\"></span>d tax is p<span class=\"_ _9\"></span>rovid<span class=\"_ _9\"></span>ed in fu<span class=\"_ _9\"></span>ll using th<span class=\"_ _9\"></span>e bal<span class=\"_ _9\"></span>ance sh<span class=\"_ _9\"></span>ee<span class=\"_ _9\"></span>t liabil<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>y me<span class=\"_ _9\"></span>tho<span class=\"_ _9\"></span>d on temp<span class=\"_ _9\"></span>orar<span class=\"_ _a\"></span>y<span class=\"_ _335\"> </span> differences<span class=\"_ _2\"></span> bet<span class=\"_ _9\"></span>ween the car<span class=\"_ _2\"></span>r<span class=\"_ _9\"></span>ying amounts<span class=\"_ _2\"></span> of assets and lia<span class=\"_ _2\"></span>bilities f<span class=\"_ _2\"></span>or financi<span class=\"_ _2\"></span>al reporting purposes and<span class=\"_ _2\"></span> the amounts u<span class=\"_ _2\"></span>sed for tax<span class=\"_ _11\"></span>a<span class=\"_ _9\"></span>tion pur<span class=\"_ _2\"></span>poses.<span class=\"_ _335\"> </span> Def<span class=\"_ _9\"></span>erre<span class=\"_ _9\"></span>d tax is de<span class=\"_ _9\"></span>term<span class=\"_ _9\"></span>ine<span class=\"_ _9\"></span>d using tax r<span class=\"_ _9\"></span>ates th<span class=\"_ _9\"></span>at ha<span class=\"_ _9\"></span>ve be<span class=\"_ _9\"></span>en en<span class=\"_ _9\"></span>ac<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d or subs<span class=\"_ _9\"></span>tanti<span class=\"_ _9\"></span>vely e<span class=\"_ _9\"></span>nac<span class=\"_ _a\"></span>ted by the rep<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>tin<span class=\"_ _9\"></span>g date a<span class=\"_ _9\"></span>nd are ex<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ted to app<span class=\"_ _9\"></span>ly<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> whe<span class=\"_ _9\"></span>n the as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>t is real<span class=\"_ _9\"></span>ise<span class=\"_ _9\"></span>d, or the liabi<span class=\"_ _9\"></span>lit<span class=\"_ _9\"></span>y is s<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>tle<span class=\"_ _9\"></span>d.<span class=\"_ _335\"> </span>No provision<span class=\"_ _11\"></span> is made for temporary differences<span class=\"_ _2\"></span> (i) a<span class=\"_ _2\"></span>rising on<span class=\"_ _2\"></span> the in<span class=\"_ _2\"></span>itial recognit<span class=\"_ _2\"></span>ion of assets or l<span class=\"_ _2\"></span>iabiliti<span class=\"_ _2\"></span>es, other t<span class=\"_ _11\"></span>han on a business combinat<span class=\"_ _2\"></span>ion,<span class=\"_ _335\"> </span> that affe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t ne<span class=\"_ _9\"></span>ithe<span class=\"_ _9\"></span>r acco<span class=\"_ _9\"></span>unting n<span class=\"_ _9\"></span>or taxabl<span class=\"_ _9\"></span>e profi<span class=\"_ _9\"></span>t and (ii) re<span class=\"_ _9\"></span>latin<span class=\"_ _9\"></span>g to inves<span class=\"_ _9\"></span>tment<span class=\"_ _9\"></span>s in subs<span class=\"_ _9\"></span>idiari<span class=\"_ _9\"></span>es to the ex<span class=\"_ _a\"></span>tent that th<span class=\"_ _9\"></span>ey will n<span class=\"_ _9\"></span>ot rever<span class=\"_ _9\"></span>se in th<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span> foreseeable future<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>S<span class=\"_ _87\"> </span><span class=\"fc2 lsd0 wsa4\">SIGNIFICANT<span class=\"_ _11\"></span> ACCOUNTING<span class=\"_ _11\"></span> JU<span class=\"_ _9\"></span>DGEMENT<span class=\"_ _335\"> </span></span>The Gr<span class=\"_ _9\"></span>oup is a Real E<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>tate Inves<span class=\"_ _9\"></span>tm<span class=\"_ _9\"></span>ent T<span class=\"_ _11\"></span>r<span class=\"_ _9\"></span>us<span class=\"_ _9\"></span>t (\u2018REIT\u2019)<span class=\"_ _1\"></span>. As a re<span class=\"_ _9\"></span>sult, the G<span class=\"_ _9\"></span>roup d<span class=\"_ _9\"></span>oe<span class=\"_ _9\"></span>s not p<span class=\"_ _9\"></span>ay UK c<span class=\"_ _9\"></span>orp<span class=\"_ _9\"></span>orati<span class=\"_ _9\"></span>on tax on i<span class=\"_ _9\"></span>ts p<span class=\"_ _9\"></span>rofit<span class=\"_ _9\"></span>s and gai<span class=\"_ _9\"></span>ns from th<span class=\"_ _9\"></span>e qualif<span class=\"_ _a\"></span>ying rental b<span class=\"_ _9\"></span>usine<span class=\"_ _9\"></span>ss in th<span class=\"_ _9\"></span>e UK. No<span class=\"_ _9\"></span>n-qual<span class=\"_ _9\"></span>if<span class=\"_ _9\"></span>yin<span class=\"_ _9\"></span>g profit<span class=\"_ _9\"></span>s and g<span class=\"_ _9\"></span>ains of th<span class=\"_ _9\"></span>e Grou<span class=\"_ _9\"></span>p continu<span class=\"_ _9\"></span>e to be subje<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t to co<span class=\"_ _9\"></span>rpor<span class=\"_ _9\"></span>atio<span class=\"_ _9\"></span>n tax as no<span class=\"_ _9\"></span>rmal. In order<span class=\"_ _9\"></span> to maintain gro<span class=\"_ _9\"></span>up REIT sta<span class=\"_ _9\"></span>tus, cer<span class=\"_ _a\"></span>tain ongoi<span class=\"_ _9\"></span>ng cri<span class=\"_ _9\"></span>teria mu<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t be me<span class=\"_ _9\"></span>t. The main c<span class=\"_ _9\"></span>riter<span class=\"_ _9\"></span>ia are as fo<span class=\"_ _9\"></span>llow<span class=\"_ _9\"></span>s:<span class=\"_ _335\"> </span>\u2022 at the s<span class=\"_ _9\"></span>tar<span class=\"_ _a\"></span>t of each a<span class=\"_ _9\"></span>ccoun<span class=\"_ _9\"></span>ting p<span class=\"_ _9\"></span>erio<span class=\"_ _9\"></span>d, the ass<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s of the ta<span class=\"_ _9\"></span>x exemp<span class=\"_ _9\"></span>t busin<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>s mus<span class=\"_ _9\"></span>t be a<span class=\"_ _9\"></span>t lea<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t 75<span class=\"_ _11\"></span>% o<span class=\"_ _9\"></span>f the total val<span class=\"_ _9\"></span>ue of the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _2\"></span>s ass<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s;<span class=\"_ _335\"> </span>\u2022 at le<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>t 75<span class=\"_ _2\"></span>% of the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _11\"></span>s to<span class=\"_ _9\"></span>tal profit<span class=\"_ _9\"></span>s mus<span class=\"_ _9\"></span>t ar<span class=\"_ _9\"></span>ise fro<span class=\"_ _9\"></span>m the tax exem<span class=\"_ _9\"></span>pt bu<span class=\"_ _9\"></span>sine<span class=\"_ _9\"></span>ss; and<span class=\"_ _335\"> </span>\u2022 at le<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>t 90% of the no<span class=\"_ _9\"></span>tional ta<span class=\"_ _9\"></span>xable p<span class=\"_ _9\"></span>rofit of th<span class=\"_ _9\"></span>e prop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y r<span class=\"_ _9\"></span>ental bu<span class=\"_ _9\"></span>sine<span class=\"_ _9\"></span>ss mus<span class=\"_ _9\"></span>t b<span class=\"_ _9\"></span>e dis<span class=\"_ _9\"></span>trib<span class=\"_ _9\"></span>uted.<span class=\"_ _335\"> </span>The Directors intend<span class=\"_ _2\"></span> that the Gr<span class=\"_ _2\"></span>oup should<span class=\"_ _2\"></span> continue<span class=\"_ _11\"></span> as a REIT<span class=\"_ _2\"></span> for the<span class=\"_ _2\"></span> foreseeable future<span class=\"_ _11\"></span>, with the result<span class=\"_ _2\"></span> that deferred t<span class=\"_ _11\"></span>ax is no longer recognised on tem<span class=\"_ _2\"></span>porary differences relating<span class=\"_ _11\"></span> to the propert<span class=\"_ _9\"></span>y rental bu<span class=\"_ _2\"></span>siness.<span class=\"_ _335\"> </span>Deferred tax assets and<span class=\"_ _2\"></span> liabil<span class=\"_ _2\"></span>ities require<span class=\"_ _11\"></span> management judgement in determ<span class=\"_ _2\"></span>ining<span class=\"_ _2\"></span> the amounts<span class=\"_ _11\"></span>, if any<span class=\"_ _1\"></span>, to be recognised<span class=\"_ _11\"></span>. In particular<span class=\"_ _1\"></span>, judgement is r<span class=\"_ _2\"></span>equired when assessing t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>e extent to<span class=\"_ _2\"></span> which deferred t<span class=\"_ _11\"></span>ax asset<span class=\"_ _9\"></span>s should be recogn<span class=\"_ _2\"></span>ised, t<span class=\"_ _2\"></span>aking in<span class=\"_ _2\"></span>to accou<span class=\"_ _2\"></span>nt the e<span class=\"_ _2\"></span>xpec<span class=\"_ _9\"></span>ted timi<span class=\"_ _2\"></span>ng and leve<span class=\"_ _9\"></span>l of futu<span class=\"_ _9\"></span>re taxabl<span class=\"_ _9\"></span>e incom<span class=\"_ _9\"></span>e. Defer<span class=\"_ _9\"></span>red tax a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s are onl<span class=\"_ _9\"></span>y rec<span class=\"_ _9\"></span>ognis<span class=\"_ _9\"></span>ed w<span class=\"_ _9\"></span>hen m<span class=\"_ _9\"></span>anag<span class=\"_ _9\"></span>eme<span class=\"_ _9\"></span>nt be<span class=\"_ _9\"></span>lieves i<span class=\"_ _9\"></span>t is pro<span class=\"_ _9\"></span>bab<span class=\"_ _9\"></span>le tha<span class=\"_ _9\"></span>t futur<span class=\"_ _9\"></span>e taxable<span class=\"_ _9\"></span> profits will<span class=\"_ _2\"></span> be availa<span class=\"_ _2\"></span>ble against which t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>e deductible temporary differences c<span class=\"_ _2\"></span>an be util<span class=\"_ _11\"></span>ise<span class=\"_ _9\"></span>d.<span class=\"_ _335\"> </span>The majo<span class=\"_ _9\"></span>r com<span class=\"_ _9\"></span>pon<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s of inc<span class=\"_ _9\"></span>ome tax f<span class=\"_ _9\"></span>or the ye<span class=\"_ _9\"></span>ars e<span class=\"_ _9\"></span>nde<span class=\"_ _9\"></span>d 31 March 202<span class=\"_ _2\"></span>6 and 2025 are:<span class=\"_ _335\"> </span><table class=\"s we5 hd2\" id=\"_59ecdf50-4aee-47fc-86e7-dbb060b0515b\"><tr><td></td><td class=\"t m0 x2ba h15 y3352 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y3352 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24d h15 y3353 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3353 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"t m0 x297 h9 y3354 ff2 fs6 fc2 sc0 ls8f ws42\">Income st<span class=\"_ _11\"></span>atement<span class=\"_ _11\"></span>:<span class=\"_ _335\"> </span></td><td></td><td></td></tr><tr><td class=\"c n x24f y32e2 w15a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Current<span class=\"_ _2\"></span> income tax<span class=\"_ _11\"></span> charge<span class=\"_ _335\"> </span></div></td><td class=\"c n x732 y32e2 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x2c0 y32e2 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e3 w15b hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Deferred income t<span class=\"_ _2\"></span>ax credit<span class=\"_ _335\"> </span></div></td><td class=\"c n x310 y32e3 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x535 y32e3 w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(3)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x297 h9 y3355 ff2 fs6 fc2 sc0 ls8f ws42\">S<span class=\"_ _2\"></span>tat<span class=\"_ _11\"></span>ement of other<span class=\"_ _11\"></span> comprehensive<span class=\"_ _2\"></span> income<span class=\"_ _11\"></span>:<span class=\"_ _335\"> </span></td><td></td><td></td></tr><tr><td class=\"c n x24f y3356 w15c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Deferred income t<span class=\"_ _2\"></span>ax charge<span class=\"_ _335\"> </span></div></td><td class=\"c n x310 y3356 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x358 y3356 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w15d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">T<span class=\"_ _11\"></span>ota<span class=\"_ _2\"></span>l income<span class=\"_ _11\"></span> tax charge<span class=\"_ _2\"></span> in t<span class=\"_ _2\"></span>he consol<span class=\"_ _2\"></span>idat<span class=\"_ _2\"></span>ed stat<span class=\"_ _11\"></span>ement of compr<span class=\"_ _2\"></span>ehensiv<span class=\"_ _2\"></span>e income<span class=\"_ _335\"> </span></div></td><td class=\"c n x733 y32cd w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x734 y32cd w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr></table>The tax fo<span class=\"_ _9\"></span>r the ye<span class=\"_ _9\"></span>ar is lowe<span class=\"_ _9\"></span>r than the s<span class=\"_ _9\"></span>tand<span class=\"_ _9\"></span>ard rate o<span class=\"_ _9\"></span>f corp<span class=\"_ _9\"></span>ora<span class=\"_ _9\"></span>tion ta<span class=\"_ _9\"></span>x in the UK of <span class=\"ff2 ls11d ws152\">2<span class=\"_ _9\"></span>5%<span class=\"_ _9\"></span></span> (2025: 25%<span class=\"_ _11\"></span>)<span class=\"_ _1\"></span>. Th<span class=\"_ _9\"></span>e differe<span class=\"_ _9\"></span>nce<span class=\"_ _9\"></span>s are exp<span class=\"_ _9\"></span>laine<span class=\"_ _9\"></span>d as b<span class=\"_ _9\"></span>elow<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span><table class=\"s w15e hd3\" id=\"_8a478ea2-1fe7-4212-a186-bb7f198759ff\"><tr><td></td><td class=\"t m0 x6cc h15 y3357 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x440 h15 y3357 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x6cd h15 y3358 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x446 h15 y3358 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x447 y3359 w3a hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Profit befo<span class=\"_ _9\"></span>re tax<span class=\"_ _335\"> </span></div></td><td class=\"c n x735 y3359 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">346<span class=\"_ _335\"> </span></div></td><td class=\"c n x736 y3359 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">393<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x447 y32db w15f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Profit be<span class=\"_ _9\"></span>fore ta<span class=\"_ _9\"></span>x multip<span class=\"_ _9\"></span>lied by th<span class=\"_ _9\"></span>e rate of c<span class=\"_ _9\"></span>orp<span class=\"_ _9\"></span>orati<span class=\"_ _9\"></span>on tax in th<span class=\"_ _9\"></span>e UK of 25<span class=\"_ _11\"></span>% (20<span class=\"_ _2\"></span>25<span class=\"_ _1\"></span>: 25<span class=\"_ _2\"></span>%<span class=\"_ _11\"></span>)<span class=\"_ _335\"> </span></div></td><td class=\"c n x737 y32db w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">87<span class=\"_ _335\"> </span></div></td><td class=\"c n x738 y32db w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">98<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x447 y335a w160 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Adjus<span class=\"_ _9\"></span>tmen<span class=\"_ _9\"></span>t for exemp<span class=\"_ _9\"></span>t pro<span class=\"_ _9\"></span>per<span class=\"_ _a\"></span>ty re<span class=\"_ _9\"></span>ntal profi<span class=\"_ _9\"></span>ts an<span class=\"_ _9\"></span>d revalua<span class=\"_ _9\"></span>tions i<span class=\"_ _9\"></span>n the year<span class=\"_ _335\"> </span></div></td><td class=\"c n x739 y335a w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(95)<span class=\"_ _335\"> </span></div></td><td class=\"c n x73a y335a w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(110)<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n x73b y335b w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(8)<span class=\"_ _335\"> </span></div></td><td class=\"c n x73c y335b w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(12)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x6ce h9 y335c ff3 fs6 fc2 sc0 ls1d ws25\">Effe<span class=\"_ _9\"></span>c<span class=\"_ _a\"></span>t<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span> o<span class=\"_ _9\"></span>f:<span class=\"_ _335\"> </span></td><td></td><td></td></tr><tr><td class=\"c n x6cf y32e0 w161 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Timing d<span class=\"_ _2\"></span>ifference on<span class=\"_ _11\"></span> repurchase of medium<span class=\"_ _2\"></span> term notes<span class=\"_ _335\"> </span></div></td><td class=\"c n x73d y32e0 w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(7)<span class=\"_ _335\"> </span></div></td><td class=\"c n x73e y32e0 w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(11)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x6cf y32e1 w162 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Interest rate<span class=\"_ _2\"></span> fair v<span class=\"_ _11\"></span>alue movements and ot<span class=\"_ _2\"></span>her temporary differences<span class=\"_ _335\"> </span></div></td><td class=\"c n x73f y32e1 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x740 y32e1 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x6cf y32e2 wd9 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Impair<span class=\"_ _9\"></span>ment o<span class=\"_ _9\"></span>f goo<span class=\"_ _9\"></span>dw<span class=\"_ _9\"></span>ill<span class=\"_ _335\"> </span></div></td><td class=\"c n x741 y32e2 w37 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x742 y32e2 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x6cf y32e3 w163 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Rev<span class=\"_ _11\"></span>aluation of owner<span class=\"_ _11\"></span>-occupied proper<span class=\"_ _9\"></span>ty<span class=\"_ _335\"> </span></div></td><td class=\"c n x743 y32e3 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x744 y32e3 w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(3)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x6cf y32cb w164 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Non-allo<span class=\"_ _2\"></span>wable expenses a<span class=\"_ _2\"></span>nd non-<span class=\"_ _2\"></span>taxable<span class=\"_ _2\"></span> items<span class=\"_ _335\"> </span></div></td><td class=\"c n x745 y32cb w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x746 y32cb w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">12<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x6cf y32cc w165 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Movement i<span class=\"_ _11\"></span>n unrecognised tax losses<span class=\"_ _335\"> </span></div></td><td class=\"c n x747 y32cc w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">13<span class=\"_ _335\"> </span></div></td><td class=\"c n x748 y32cc w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w15d hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">T<span class=\"_ _11\"></span>ota<span class=\"_ _2\"></span>l income<span class=\"_ _11\"></span> tax charge<span class=\"_ _2\"></span> in t<span class=\"_ _2\"></span>he consol<span class=\"_ _2\"></span>idat<span class=\"_ _2\"></span>ed stat<span class=\"_ _11\"></span>ement of compr<span class=\"_ _2\"></span>ehensiv<span class=\"_ _2\"></span>e income<span class=\"_ _335\"> </span></div></td><td class=\"c n x733 y32cd w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x734 y32cd w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr></table>Def<span class=\"_ _9\"></span>erre<span class=\"_ _9\"></span>d tax is cal<span class=\"_ _9\"></span>cula<span class=\"_ _9\"></span>ted a<span class=\"_ _9\"></span>t the ra<span class=\"_ _9\"></span>te subs<span class=\"_ _9\"></span>tantive<span class=\"_ _9\"></span>ly en<span class=\"_ _9\"></span>ac<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d at the b<span class=\"_ _9\"></span>alan<span class=\"_ _9\"></span>ce she<span class=\"_ _9\"></span>et d<span class=\"_ _9\"></span>ate of <span class=\"ff2 ls11d ws152\">2<span class=\"_ _9\"></span>5%<span class=\"_ _9\"></span></span> (202<span class=\"_ _9\"></span>5: 25<span class=\"_ _11\"></span>%<span class=\"_ _2\"></span>)<span class=\"_ _1\"></span>.<span class=\"_ _9\"></span> Ther<span class=\"_ _9\"></span>e are unre<span class=\"_ _9\"></span>cog<span class=\"_ _9\"></span>nise<span class=\"_ _9\"></span>d defe<span class=\"_ _9\"></span>rre<span class=\"_ _9\"></span>d tax as<span class=\"_ _9\"></span>set<span class=\"_ _9\"></span>s on th<span class=\"_ _9\"></span>e follow<span class=\"_ _9\"></span>ing i<span class=\"_ _9\"></span>tems du<span class=\"_ _9\"></span>e to the high d<span class=\"_ _9\"></span>egre<span class=\"_ _9\"></span>e of unc<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>tain<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y as to their f<span class=\"_ _9\"></span>uture u<span class=\"_ _9\"></span>tilisa<span class=\"_ _9\"></span>tion by n<span class=\"_ _9\"></span>on-REIT qualif<span class=\"_ _9\"></span>yin<span class=\"_ _9\"></span>g ac<span class=\"_ _9\"></span>tiv<span class=\"_ _9\"></span>ities.<span class=\"_ _335\"> </span><table class=\"s w166 hd4\" id=\"_e8a01839-e907-41b9-905c-1c896ebff281\"><tr><td></td><td class=\"t m0 x2ba h15 y335d ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y335d ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24d h15 y335e ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y335e ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32ca w167 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Rev<span class=\"_ _11\"></span>enue losses<span class=\"_ _335\"> </span></div></td><td class=\"c n x749 y32ca w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">235<span class=\"_ _335\"> </span></div></td><td class=\"c n x74a y32ca w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">247<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w168 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1e wsb4\">Capital losses<span class=\"_ _335\"> </span></div></td><td class=\"c n x72c y32cb w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">258<span class=\"_ _335\"> </span></div></td><td class=\"c n x60b y32cb w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">263<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w169 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other unrecognised tempora<span class=\"_ _2\"></span>r<span class=\"_ _9\"></span>y diff<span class=\"_ _2\"></span>erences<span class=\"_ _335\"> </span></div></td><td class=\"c n x74b y32cc w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n x74c y32cc w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w16a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">T<span class=\"_ _11\"></span>otal unrecognised items<span class=\"_ _335\"> </span></div></td><td class=\"c n x74d y32cd w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">500<span class=\"_ _335\"> </span></div></td><td class=\"c n x74e y32cd w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">512<span class=\"_ _335\"> </span></div></td></tr></table>The move<span class=\"_ _9\"></span>men<span class=\"_ _9\"></span>t in unre<span class=\"_ _9\"></span>cogni<span class=\"_ _9\"></span>sed ta<span class=\"_ _9\"></span>x los<span class=\"_ _9\"></span>ses r<span class=\"_ _9\"></span>eflec<span class=\"_ _a\"></span>ts los<span class=\"_ _9\"></span>ses ar<span class=\"_ _9\"></span>ising in th<span class=\"_ _9\"></span>e year an<span class=\"_ _9\"></span>d utilis<span class=\"_ _9\"></span>atio<span class=\"_ _9\"></span>n of los<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>s brou<span class=\"_ _9\"></span>ght for<span class=\"_ _a\"></span>ward.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfDeferredTaxesExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-448": {
   "value": "A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Incom<span class=\"_ _9\"></span>e tax on th<span class=\"_ _9\"></span>e profit o<span class=\"_ _9\"></span>r los<span class=\"_ _9\"></span>s for th<span class=\"_ _9\"></span>e year co<span class=\"_ _9\"></span>mpri<span class=\"_ _9\"></span>ses cu<span class=\"_ _9\"></span>rrent an<span class=\"_ _9\"></span>d def<span class=\"_ _9\"></span>erre<span class=\"_ _9\"></span>d tax. Current ta<span class=\"_ _9\"></span>x is the ta<span class=\"_ _9\"></span>x payab<span class=\"_ _9\"></span>le on th<span class=\"_ _9\"></span>e taxabl<span class=\"_ _9\"></span>e incom<span class=\"_ _9\"></span>e for th<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span>year and any adju<span class=\"_ _9\"></span>stm<span class=\"_ _9\"></span>ent in re<span class=\"_ _9\"></span>sp<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>t o<span class=\"_ _9\"></span>f previ<span class=\"_ _9\"></span>ous ye<span class=\"_ _9\"></span>ars. Def<span class=\"_ _9\"></span>erre<span class=\"_ _9\"></span>d tax is p<span class=\"_ _9\"></span>rovid<span class=\"_ _9\"></span>ed in fu<span class=\"_ _9\"></span>ll using th<span class=\"_ _9\"></span>e bal<span class=\"_ _9\"></span>ance sh<span class=\"_ _9\"></span>ee<span class=\"_ _9\"></span>t liabil<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>y me<span class=\"_ _9\"></span>tho<span class=\"_ _9\"></span>d on temp<span class=\"_ _9\"></span>orar<span class=\"_ _a\"></span>y<span class=\"_ _335\"> </span>differences<span class=\"_ _2\"></span> bet<span class=\"_ _9\"></span>ween the car<span class=\"_ _2\"></span>r<span class=\"_ _9\"></span>ying amounts<span class=\"_ _2\"></span> of assets and lia<span class=\"_ _2\"></span>bilities f<span class=\"_ _2\"></span>or financi<span class=\"_ _2\"></span>al reporting purposes and<span class=\"_ _2\"></span> the amounts u<span class=\"_ _2\"></span>sed for tax<span class=\"_ _11\"></span>a<span class=\"_ _9\"></span>tion pur<span class=\"_ _2\"></span>poses.<span class=\"_ _335\"> </span>Def<span class=\"_ _9\"></span>erre<span class=\"_ _9\"></span>d tax is de<span class=\"_ _9\"></span>term<span class=\"_ _9\"></span>ine<span class=\"_ _9\"></span>d using tax r<span class=\"_ _9\"></span>ates th<span class=\"_ _9\"></span>at ha<span class=\"_ _9\"></span>ve be<span class=\"_ _9\"></span>en en<span class=\"_ _9\"></span>ac<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d or subs<span class=\"_ _9\"></span>tanti<span class=\"_ _9\"></span>vely e<span class=\"_ _9\"></span>nac<span class=\"_ _a\"></span>ted by the rep<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>tin<span class=\"_ _9\"></span>g date a<span class=\"_ _9\"></span>nd are ex<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ted to app<span class=\"_ _9\"></span>ly<span class=\"_ _335\"> </span>whe<span class=\"_ _9\"></span>n the as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>t is real<span class=\"_ _9\"></span>ise<span class=\"_ _9\"></span>d, or the liabi<span class=\"_ _9\"></span>lit<span class=\"_ _9\"></span>y is s<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>tle<span class=\"_ _9\"></span>d.<span class=\"_ _335\"> </span>No provision<span class=\"_ _11\"></span> is made for temporary differences<span class=\"_ _2\"></span> (i) a<span class=\"_ _2\"></span>rising on<span class=\"_ _2\"></span> the in<span class=\"_ _2\"></span>itial recognit<span class=\"_ _2\"></span>ion of assets or l<span class=\"_ _2\"></span>iabiliti<span class=\"_ _2\"></span>es, other t<span class=\"_ _11\"></span>han on a business combinat<span class=\"_ _2\"></span>ion,<span class=\"_ _335\"> </span>that affe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t ne<span class=\"_ _9\"></span>ithe<span class=\"_ _9\"></span>r acco<span class=\"_ _9\"></span>unting n<span class=\"_ _9\"></span>or taxabl<span class=\"_ _9\"></span>e profi<span class=\"_ _9\"></span>t and (ii) re<span class=\"_ _9\"></span>latin<span class=\"_ _9\"></span>g to inves<span class=\"_ _9\"></span>tment<span class=\"_ _9\"></span>s in subs<span class=\"_ _9\"></span>idiari<span class=\"_ _9\"></span>es to the ex<span class=\"_ _a\"></span>tent that th<span class=\"_ _9\"></span>ey will n<span class=\"_ _9\"></span>ot rever<span class=\"_ _9\"></span>se in th<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span>foreseeable future<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForIncomeTaxExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-467": {
   "value": "A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Incom<span class=\"_ _9\"></span>e tax on th<span class=\"_ _9\"></span>e profit o<span class=\"_ _9\"></span>r los<span class=\"_ _9\"></span>s for th<span class=\"_ _9\"></span>e year co<span class=\"_ _9\"></span>mpri<span class=\"_ _9\"></span>ses cu<span class=\"_ _9\"></span>rrent an<span class=\"_ _9\"></span>d def<span class=\"_ _9\"></span>erre<span class=\"_ _9\"></span>d tax. Current ta<span class=\"_ _9\"></span>x is the ta<span class=\"_ _9\"></span>x payab<span class=\"_ _9\"></span>le on th<span class=\"_ _9\"></span>e taxabl<span class=\"_ _9\"></span>e incom<span class=\"_ _9\"></span>e for th<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span>year and any adju<span class=\"_ _9\"></span>stm<span class=\"_ _9\"></span>ent in re<span class=\"_ _9\"></span>sp<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>t o<span class=\"_ _9\"></span>f previ<span class=\"_ _9\"></span>ous ye<span class=\"_ _9\"></span>ars. Def<span class=\"_ _9\"></span>erre<span class=\"_ _9\"></span>d tax is p<span class=\"_ _9\"></span>rovid<span class=\"_ _9\"></span>ed in fu<span class=\"_ _9\"></span>ll using th<span class=\"_ _9\"></span>e bal<span class=\"_ _9\"></span>ance sh<span class=\"_ _9\"></span>ee<span class=\"_ _9\"></span>t liabil<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>y me<span class=\"_ _9\"></span>tho<span class=\"_ _9\"></span>d on temp<span class=\"_ _9\"></span>orar<span class=\"_ _a\"></span>y<span class=\"_ _335\"> </span>differences<span class=\"_ _2\"></span> bet<span class=\"_ _9\"></span>ween the car<span class=\"_ _2\"></span>r<span class=\"_ _9\"></span>ying amounts<span class=\"_ _2\"></span> of assets and lia<span class=\"_ _2\"></span>bilities f<span class=\"_ _2\"></span>or financi<span class=\"_ _2\"></span>al reporting purposes and<span class=\"_ _2\"></span> the amounts u<span class=\"_ _2\"></span>sed for tax<span class=\"_ _11\"></span>a<span class=\"_ _9\"></span>tion pur<span class=\"_ _2\"></span>poses.<span class=\"_ _335\"> </span>Def<span class=\"_ _9\"></span>erre<span class=\"_ _9\"></span>d tax is de<span class=\"_ _9\"></span>term<span class=\"_ _9\"></span>ine<span class=\"_ _9\"></span>d using tax r<span class=\"_ _9\"></span>ates th<span class=\"_ _9\"></span>at ha<span class=\"_ _9\"></span>ve be<span class=\"_ _9\"></span>en en<span class=\"_ _9\"></span>ac<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d or subs<span class=\"_ _9\"></span>tanti<span class=\"_ _9\"></span>vely e<span class=\"_ _9\"></span>nac<span class=\"_ _a\"></span>ted by the rep<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>tin<span class=\"_ _9\"></span>g date a<span class=\"_ _9\"></span>nd are ex<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ted to app<span class=\"_ _9\"></span>ly<span class=\"_ _335\"> </span>whe<span class=\"_ _9\"></span>n the as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>t is real<span class=\"_ _9\"></span>ise<span class=\"_ _9\"></span>d, or the liabi<span class=\"_ _9\"></span>lit<span class=\"_ _9\"></span>y is s<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>tle<span class=\"_ _9\"></span>d.<span class=\"_ _335\"> </span>No provision<span class=\"_ _11\"></span> is made for temporary differences<span class=\"_ _2\"></span> (i) a<span class=\"_ _2\"></span>rising on<span class=\"_ _2\"></span> the in<span class=\"_ _2\"></span>itial recognit<span class=\"_ _2\"></span>ion of assets or l<span class=\"_ _2\"></span>iabiliti<span class=\"_ _2\"></span>es, other t<span class=\"_ _11\"></span>han on a business combinat<span class=\"_ _2\"></span>ion,<span class=\"_ _335\"> </span>that affe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t ne<span class=\"_ _9\"></span>ithe<span class=\"_ _9\"></span>r acco<span class=\"_ _9\"></span>unting n<span class=\"_ _9\"></span>or taxabl<span class=\"_ _9\"></span>e profi<span class=\"_ _9\"></span>t and (ii) re<span class=\"_ _9\"></span>latin<span class=\"_ _9\"></span>g to inves<span class=\"_ _9\"></span>tment<span class=\"_ _9\"></span>s in subs<span class=\"_ _9\"></span>idiari<span class=\"_ _9\"></span>es to the ex<span class=\"_ _a\"></span>tent that th<span class=\"_ _9\"></span>ey will n<span class=\"_ _9\"></span>ot rever<span class=\"_ _9\"></span>se in th<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span>foreseeable future<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForDeferredIncomeTaxExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-376": {
   "value": "<div class=\"t m0 ha2 ff1 fs7 fc0 sc0 ls160 ws19c gs235\">12<span class=\"_ _118\"> </span><span class=\"fc4 lsd2 wsf3\">NET CASH GENER<span class=\"_ _9\"></span>A<span class=\"_ _11\"></span>TED FR<span class=\"_ _11\"></span>OM OPER<span class=\"_ _9\"></span>A<span class=\"_ _11\"></span>TIONS<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h11 ff1 fs9 fc2 sc0 ls3d ws2e gs236\">RECONCILIA<span class=\"_ _11\"></span>TION<span class=\"_ _2\"></span> OF OPERA<span class=\"_ _11\"></span>TING PR<span class=\"_ _2\"></span>OFIT<span class=\"_ _11\"></span>/<span class=\"_ _11\"></span>(LOSS<span class=\"_ _11\"></span>) TO<span class=\"_ _2\"></span> NET CASH<span class=\"_ _2\"></span> GENER<span class=\"_ _9\"></span>A<span class=\"_ _11\"></span>TED FROM<span class=\"_ _11\"></span> OPER<span class=\"_ _9\"></span>A<span class=\"_ _11\"></span>TIONS<span class=\"_ _335\"> </span></div><div class=\"gs237\"><table class=\"s w16b hd5\" id=\"_8b7e9746-5d5c-4219-83c5-4824efdc0540\"><tr><td></td><td></td><td class=\"c n x2b6 y335f w4e hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls76 ws13e\">Group<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n x2b7 y335f w4f hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls3f wsbc\">Co<span class=\"_ _9\"></span>m<span class=\"_ _9\"></span>pa<span class=\"_ _9\"></span>ny<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"t m0 x2b8 h15 y3360 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x2b9 h15 y3360 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td><td class=\"t m0 x2ba h15 y3360 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y3360 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24b h15 y3361 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y3361 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y3361 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3361 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y3362 w16c hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls37 ws34\">Ope<span class=\"_ _9\"></span>rating profit/<span class=\"_ _1\"></span>(loss)<span class=\"_ _335\"> </span></div></td><td class=\"c n x74f y3362 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">465<span class=\"_ _335\"> </span></div></td><td class=\"c n x750 y3362 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">526<span class=\"_ _335\"> </span></div></td><td class=\"c n x751 y3362 w27 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(41)<span class=\"_ _335\"> </span></div></td><td class=\"c n x752 y3362 w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(329)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x297 h9 y3363 ff2 fs6 fc2 sc0 ls22 ws1\">Adjustment<span class=\"_ _9\"></span>s for:<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y3364 w33 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Net su<span class=\"_ _9\"></span>rplus o<span class=\"_ _9\"></span>n revalua<span class=\"_ _9\"></span>tion o<span class=\"_ _9\"></span>f inves<span class=\"_ _9\"></span>tment p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>es<span class=\"_ _335\"> </span></div></td><td class=\"c n x753 y3364 w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(96)<span class=\"_ _335\"> </span></div></td><td class=\"c n x754 y3364 w32 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(91)<span class=\"_ _335\"> </span></div></td><td class=\"c n x2da y3364 w37 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x2cd y3364 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3365 w16d hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Loss on disposa<span class=\"_ _2\"></span>l of tr<span class=\"_ _2\"></span>ading properties<span class=\"_ _335\"> </span></div></td><td class=\"c n x755 y3365 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x756 y3365 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td><td class=\"c n x757 y3365 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x758 y3365 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3366 w2e hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Loss o<span class=\"_ _9\"></span>n disp<span class=\"_ _9\"></span>osal o<span class=\"_ _9\"></span>f inves<span class=\"_ _9\"></span>tmen<span class=\"_ _9\"></span>t prop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>es<span class=\"_ _335\"> </span></div></td><td class=\"c n x759 y3366 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">103<span class=\"_ _335\"> </span></div></td><td class=\"c n x411 y3366 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">15<span class=\"_ _335\"> </span></div></td><td class=\"c n x412 y3366 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x413 y3366 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3367 w16e hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Share o<span class=\"_ _9\"></span>f profit fr<span class=\"_ _9\"></span>om join<span class=\"_ _9\"></span>t venture<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n x75a y3367 w27 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(52)<span class=\"_ _335\"> </span></div></td><td class=\"c n x75b y3367 w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(37)<span class=\"_ _335\"> </span></div></td><td class=\"c n x2bf y3367 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x2c0 y3367 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3368 w16f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Share-based payment cha<span class=\"_ _2\"></span>rge<span class=\"_ _335\"> </span></div></td><td class=\"c n x29a y3368 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">9<span class=\"_ _335\"> </span></div></td><td class=\"c n x2c6 y3368 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td><td class=\"c n x2c7 y3368 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x2c8 y3368 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3309 wd9 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Impair<span class=\"_ _9\"></span>ment o<span class=\"_ _9\"></span>f goo<span class=\"_ _9\"></span>dw<span class=\"_ _9\"></span>ill<span class=\"_ _335\"> </span></div></td><td class=\"c n x4ff y3309 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x75c y3309 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td><td class=\"c n x530 y3309 w37 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x40d y3309 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y330a w170 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Reversal o<span class=\"_ _9\"></span>f amou<span class=\"_ _9\"></span>nts du<span class=\"_ _9\"></span>e from jo<span class=\"_ _9\"></span>int ventur<span class=\"_ _9\"></span>es<span class=\"_ _335\"> </span></div></td><td class=\"c n x75d y330a w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x75e y330a w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n x75f y330a w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x2e7 y330a w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y330b w171 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Non-cash de<span class=\"_ _2\"></span>velopment cont<span class=\"_ _2\"></span>ract and transaction expendit<span class=\"_ _2\"></span>ure<span class=\"_ _335\"> </span></div></td><td class=\"c n x760 y330b w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">29<span class=\"_ _335\"> </span></div></td><td class=\"c n x761 y330b w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x3f9 y330b w37 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x3fa y330b w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32db w172 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Impair<span class=\"_ _9\"></span>ment c<span class=\"_ _9\"></span>harge o<span class=\"_ _9\"></span>n inves<span class=\"_ _9\"></span>tme<span class=\"_ _9\"></span>nt in subsi<span class=\"_ _9\"></span>diar<span class=\"_ _9\"></span>y<span class=\"_ _335\"> </span></div></td><td class=\"c n x762 y32db w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x763 y32db w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x764 y32db w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td><td class=\"c n x67f y32db w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">302<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32dc w116 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Rents paya<span class=\"_ _2\"></span>ble<span class=\"_ _335\"> </span></div></td><td class=\"c n x765 y32dc w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td><td class=\"c n x766 y32dc w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td><td class=\"c n x2f5 y32dc w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x3eb y32dc w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y335b w173 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Depreciation and a<span class=\"_ _2\"></span>mor<span class=\"_ _9\"></span>tisation<span class=\"_ _335\"> </span></div></td><td class=\"c n x767 y335b w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x768 y335b w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n x313 y335b w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x314 y335b w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32df w11f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Fair value gain on re<span class=\"_ _9\"></span>me<span class=\"_ _9\"></span>asure<span class=\"_ _9\"></span>ment o<span class=\"_ _9\"></span>f inves<span class=\"_ _9\"></span>tmen<span class=\"_ _9\"></span>t<span class=\"_ _335\"> </span></div></td><td class=\"c n x3d0 y32df w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td><td class=\"c n x401 y32df w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x402 y32df w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x403 y32df w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e0 w11a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Impairment<span class=\"_ _2\"></span> of trad<span class=\"_ _2\"></span>ing properties<span class=\"_ _335\"> </span></div></td><td class=\"c n x769 y32e0 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x76a y32e0 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n x76b y32e0 w37 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x76c y32e0 w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e1 w174 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Non-cash restructuring<span class=\"_ _2\"></span>, integr<span class=\"_ _2\"></span>ation and<span class=\"_ _2\"></span> other costs<span class=\"_ _335\"> </span></div></td><td class=\"c n x675 y32e1 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n x676 y32e1 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x3c6 y32e1 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x3c7 y32e1 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n x23a y32e2 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">480<span class=\"_ _335\"> </span></div></td><td class=\"c n x76d y32e2 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">466<span class=\"_ _335\"> </span></div></td><td class=\"c n x76e y32e2 w2b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(27)<span class=\"_ _335\"> </span></div></td><td class=\"c n x76f y32e2 w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(27)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x297 h9 y3369 ff2 fs6 fc2 sc0 ls22 ws1\">Chang<span class=\"_ _9\"></span>es in workin<span class=\"_ _9\"></span>g capital:<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y32e4 w175 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Increase in<span class=\"_ _2\"></span> receivables<span class=\"_ _335\"> </span></div></td><td class=\"c n x770 y32e4 w27 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(56)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6eb y32e4 w29 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(128)<span class=\"_ _335\"> </span></div></td><td class=\"c n x3ca y32e4 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x3cb y32e4 w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w176 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">(Decrease<span class=\"_ _11\"></span>)<span class=\"_ _11\"></span>/increase in paya<span class=\"_ _2\"></span>bles and pro<span class=\"_ _2\"></span>visions<span class=\"_ _335\"> </span></div></td><td class=\"c n x771 y32cc w27 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(71)<span class=\"_ _335\"> </span></div></td><td class=\"c n x772 y32cc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">43<span class=\"_ _335\"> </span></div></td><td class=\"c n x773 y32cc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">27<span class=\"_ _335\"> </span></div></td><td class=\"c n x774 y32cc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">27<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w177 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">Net cash<span class=\"_ _11\"></span> generated fr<span class=\"_ _2\"></span>om operat<span class=\"_ _11\"></span>ions<span class=\"_ _335\"> </span></div></td><td class=\"c n x775 y32cd w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">353<span class=\"_ _335\"> </span></div></td><td class=\"c n x776 y32cd w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">381<span class=\"_ _335\"> </span></div></td><td class=\"c n x5ae y32cd w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x2de y32cd w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h11 ff1 fs9 fc2 sc0 ls60 ws1 gs238\">RE<span class=\"_ _9\"></span>CO<span class=\"_ _9\"></span>N<span class=\"_ _9\"></span>CI<span class=\"_ _9\"></span>LI<span class=\"_ _9\"></span>ATIO<span class=\"_ _9\"></span>N TO A<span class=\"_ _9\"></span>DJ<span class=\"_ _9\"></span>US<span class=\"_ _9\"></span>TE<span class=\"_ _9\"></span>D N<span class=\"_ _9\"></span>E<span class=\"_ _9\"></span>T CA<span class=\"_ _9\"></span>S<span class=\"_ _9\"></span>H IN<span class=\"_ _9\"></span>FL<span class=\"_ _9\"></span>OW FRO<span class=\"_ _9\"></span>M O<span class=\"_ _9\"></span>PE<span class=\"_ _9\"></span>R<span class=\"_ _a\"></span>A<span class=\"_ _11\"></span>T<span class=\"_ _9\"></span>IN<span class=\"_ _9\"></span>G AC<span class=\"_ _9\"></span>TI<span class=\"_ _9\"></span>V<span class=\"_ _9\"></span>ITI<span class=\"_ _9\"></span>E<span class=\"_ _9\"></span>S<span class=\"_ _335\"> </span></div><div class=\"gs239\"><table class=\"s w178 hd6\" id=\"_7c5e9e84-1299-4024-9ab0-8f4c8e511558\"><tr><td></td><td></td><td class=\"c n x2b6 y336a w4e hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls76 ws13e\">Group<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n x2b7 y336a w4f hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls3f wsbc\">Co<span class=\"_ _9\"></span>m<span class=\"_ _9\"></span>pa<span class=\"_ _9\"></span>ny<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"t m0 x2b8 h15 y336b ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x2b9 h15 y336b ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td><td class=\"t m0 x2ba h15 y336b ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y336b ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24b h15 y336c ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y336c ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y336c ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y336c ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32e4 w179 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Net cash in<span class=\"_ _11\"></span>flow from operati<span class=\"_ _2\"></span>ng activities<span class=\"_ _335\"> </span></div></td><td class=\"c n x2ee y32e4 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">214<span class=\"_ _335\"> </span></div></td><td class=\"c n x777 y32e4 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">256<span class=\"_ _335\"> </span></div></td><td class=\"c n x2c7 y32e4 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x2c8 y32e4 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3356 w17a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Joint ve<span class=\"_ _9\"></span>ntures n<span class=\"_ _9\"></span>et c<span class=\"_ _9\"></span>ash inflow from o<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>rating a<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tiv<span class=\"_ _9\"></span>itie<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n x778 y3356 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td><td class=\"c n x779 y3356 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n x77a y3356 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x77b y3356 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y32cd w17b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Adjusted ne<span class=\"_ _9\"></span>t cash inflow from op<span class=\"_ _9\"></span>eratin<span class=\"_ _9\"></span>g activ<span class=\"_ _9\"></span>ities</div><div class=\"t m0 x77c h16 y32a3 ff2 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x23a y32cd w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">220<span class=\"_ _335\"> </span></div></td><td class=\"c n x76d y32cd w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">260<span class=\"_ _335\"> </span></div></td><td class=\"c n x77d y32cd w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x77e y32cd w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls5 ws1 gs23a\">1. <span class=\"_ _9\"></span>In<span class=\"_ _9\"></span>clu<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>s ca<span class=\"_ _9\"></span>sh flo<span class=\"_ _9\"></span>ws re<span class=\"_ _9\"></span>la<span class=\"_ _9\"></span>tin<span class=\"_ _9\"></span>g to th<span class=\"_ _9\"></span>e inte<span class=\"_ _9\"></span>re<span class=\"_ _9\"></span>st i<span class=\"_ _9\"></span>n Liv<span class=\"_ _9\"></span>erp<span class=\"_ _9\"></span>o<span class=\"_ _9\"></span>ol O<span class=\"_ _9\"></span>NE wh<span class=\"_ _9\"></span>ich i<span class=\"_ _9\"></span>s no<span class=\"_ _9\"></span>t ow<span class=\"_ _9\"></span>ne<span class=\"_ _9\"></span>d by the G<span class=\"_ _9\"></span>ro<span class=\"_ _9\"></span>up bu<span class=\"_ _9\"></span>t is c<span class=\"_ _9\"></span>ons<span class=\"_ _9\"></span>ol<span class=\"_ _9\"></span>ida<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d in th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up nu<span class=\"_ _9\"></span>mb<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>s.</div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfCashFlowStatementExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-377": {
   "value": "<div class=\"t m0 h4a ff1 fs1 fc0 sc0 ls1 ws1 gs23c\">A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h12 ff1 fsa fc2 sc0 ls48 ws46 gs23d\">INVE<span class=\"_ _9\"></span>STM<span class=\"_ _9\"></span>ENT PROPERTIE<span class=\"_ _9\"></span>S<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws33 gs23e\">Inves<span class=\"_ _9\"></span>tment p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s are pr<span class=\"_ _9\"></span>ope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s, eith<span class=\"_ _9\"></span>er own<span class=\"_ _9\"></span>ed or l<span class=\"_ _9\"></span>eas<span class=\"_ _9\"></span>ed by the G<span class=\"_ _9\"></span>roup, that ar<span class=\"_ _9\"></span>e hel<span class=\"_ _9\"></span>d eith<span class=\"_ _9\"></span>er to earn r<span class=\"_ _9\"></span>ental inc<span class=\"_ _9\"></span>ome o<span class=\"_ _9\"></span>r for cap<span class=\"_ _9\"></span>ital app<span class=\"_ _9\"></span>rec<span class=\"_ _9\"></span>iati<span class=\"_ _9\"></span>on,<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs23f\">or bo<span class=\"_ _9\"></span>th. Investm<span class=\"_ _9\"></span>ent pr<span class=\"_ _9\"></span>ope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s are me<span class=\"_ _9\"></span>asure<span class=\"_ _9\"></span>d initi<span class=\"_ _9\"></span>ally a<span class=\"_ _9\"></span>t cos<span class=\"_ _9\"></span>t incl<span class=\"_ _9\"></span>uding r<span class=\"_ _9\"></span>ela<span class=\"_ _9\"></span>ted trans<span class=\"_ _9\"></span>ac<span class=\"_ _9\"></span>tio<span class=\"_ _9\"></span>n cos<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s, and subs<span class=\"_ _9\"></span>equ<span class=\"_ _9\"></span>ently a<span class=\"_ _9\"></span>t fair valu<span class=\"_ _9\"></span>e. F<span class=\"_ _11\"></span>air val<span class=\"_ _9\"></span>ue is<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs240\">based on mark<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>t val<span class=\"_ _2\"></span>ue,<span class=\"_ _2\"></span> as determined b<span class=\"_ _11\"></span>y a professional external v<span class=\"_ _2\"></span>aluer at each<span class=\"_ _2\"></span> repor<span class=\"_ _9\"></span>ting date<span class=\"_ _11\"></span>. The di<span class=\"_ _2\"></span>fference between the fair<span class=\"_ _11\"></span> value of an<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs241\">inv<span class=\"_ _2\"></span>estment proper<span class=\"_ _9\"></span>ty at the repor<span class=\"_ _9\"></span>ting dat<span class=\"_ _2\"></span>e and its ca<span class=\"_ _2\"></span>rry<span class=\"_ _9\"></span>ing amoun<span class=\"_ _2\"></span>t prior t<span class=\"_ _2\"></span>o remeasurement<span class=\"_ _2\"></span> is included i<span class=\"_ _11\"></span>n the income statement as<span class=\"_ _2\"></span> a val<span class=\"_ _2\"></span>uation<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs242\">surplus<span class=\"_ _2\"></span> or deficit<span class=\"_ _11\"></span>. Investment pr<span class=\"_ _2\"></span>oper<span class=\"_ _9\"></span>ties are present<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>d on the<span class=\"_ _2\"></span> balance sheet within<span class=\"_ _11\"></span> non-current assets.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs243\">Some of the Gr<span class=\"_ _2\"></span>oup\u2019<span class=\"_ _1\"></span>s investment properties are owned t<span class=\"_ _2\"></span>hrough long<span class=\"_ _11\"></span>-leasehold arrangements,<span class=\"_ _2\"></span> as opposed to t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>e Group o<span class=\"_ _11\"></span>w<span class=\"_ _9\"></span>ning the<span class=\"_ _11\"></span> freehold.<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs244\">Wher<span class=\"_ _9\"></span>e the Gr<span class=\"_ _9\"></span>oup is a le<span class=\"_ _9\"></span>ss<span class=\"_ _9\"></span>ee, a right-of-us<span class=\"_ _9\"></span>e ass<span class=\"_ _9\"></span>et is r<span class=\"_ _9\"></span>eco<span class=\"_ _9\"></span>gnise<span class=\"_ _9\"></span>d at th<span class=\"_ _9\"></span>e comm<span class=\"_ _9\"></span>enc<span class=\"_ _9\"></span>eme<span class=\"_ _9\"></span>nt da<span class=\"_ _9\"></span>te of the l<span class=\"_ _9\"></span>eas<span class=\"_ _9\"></span>e and acc<span class=\"_ _9\"></span>ounte<span class=\"_ _9\"></span>d for as inve<span class=\"_ _9\"></span>stm<span class=\"_ _9\"></span>ent<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs245\">prop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>. Ini<span class=\"_ _9\"></span>tially<span class=\"_ _2\"></span>, the cos<span class=\"_ _9\"></span>t o<span class=\"_ _9\"></span>f inves<span class=\"_ _9\"></span>tment p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>es he<span class=\"_ _9\"></span>ld und<span class=\"_ _9\"></span>er le<span class=\"_ _9\"></span>ase<span class=\"_ _9\"></span>s inclu<span class=\"_ _9\"></span>des th<span class=\"_ _9\"></span>e amou<span class=\"_ _9\"></span>nt of le<span class=\"_ _9\"></span>ase li<span class=\"_ _9\"></span>abiliti<span class=\"_ _9\"></span>es re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>gnise<span class=\"_ _9\"></span>d, initial dire<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t co<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>ts<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs246\">incurred<span class=\"_ _11\"></span>, and lease payments made at or before t<span class=\"_ _2\"></span>he commencement date<span class=\"_ _2\"></span> less an<span class=\"_ _2\"></span>y lease incent<span class=\"_ _2\"></span>ives received<span class=\"_ _11\"></span>. The inv<span class=\"_ _2\"></span>estment proper<span class=\"_ _9\"></span>ties held<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs247\">under leases are<span class=\"_ _2\"></span> subsequently<span class=\"_ _2\"></span> carried at t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>eir fai<span class=\"_ _11\"></span>r value<span class=\"_ _2\"></span>. A corr<span class=\"_ _2\"></span>esponding liab<span class=\"_ _2\"></span>ility is recorded within<span class=\"_ _11\"></span> b<span class=\"_ _9\"></span>orrowings<span class=\"_ _11\"></span>. Each lease payment is al<span class=\"_ _11\"></span>lo<span class=\"_ _9\"></span>cated<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs248\">be<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>ween r<span class=\"_ _9\"></span>epa<span class=\"_ _9\"></span>ym<span class=\"_ _9\"></span>ent of th<span class=\"_ _9\"></span>e liabili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y and a finan<span class=\"_ _9\"></span>ce ch<span class=\"_ _9\"></span>arge to ac<span class=\"_ _9\"></span>hieve a con<span class=\"_ _9\"></span>stan<span class=\"_ _9\"></span>t intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t rate on th<span class=\"_ _9\"></span>e out<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>tandin<span class=\"_ _9\"></span>g liabili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></div><div class=\"t m0 h12 ff1 fsa fc2 sc0 ls48 ws46 gs249\">TR<span class=\"_ _9\"></span>A<span class=\"_ _9\"></span>DING PROPE<span class=\"_ _9\"></span>RTIES<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs24a\">T<span class=\"_ _11\"></span>rading pr<span class=\"_ _2\"></span>oper<span class=\"_ _9\"></span>ties are t<span class=\"_ _11\"></span>hose proper<span class=\"_ _9\"></span>ties held for sale<span class=\"_ _11\"></span>, or those being de<span class=\"_ _11\"></span>velope<span class=\"_ _9\"></span>d with a vie<span class=\"_ _11\"></span>w to sell<span class=\"_ _11\"></span>. T<span class=\"_ _11\"></span>rading properties are recorded at t<span class=\"_ _2\"></span>he lower<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs24b\">of cost and net real<span class=\"_ _2\"></span>isable va<span class=\"_ _2\"></span>lue<span class=\"_ _11\"></span>. The net realisable v<span class=\"_ _2\"></span>alue of a<span class=\"_ _11\"></span> trading propert<span class=\"_ _9\"></span>y is determined b<span class=\"_ _11\"></span>y a professional external v<span class=\"_ _2\"></span>aluer at each r<span class=\"_ _2\"></span>epor<span class=\"_ _9\"></span>ting<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs24c\">date. If the ne<span class=\"_ _9\"></span>t reali<span class=\"_ _9\"></span>sabl<span class=\"_ _9\"></span>e value of a tr<span class=\"_ _9\"></span>ading p<span class=\"_ _9\"></span>rope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y is l<span class=\"_ _9\"></span>ower than i<span class=\"_ _9\"></span>ts c<span class=\"_ _9\"></span>arr<span class=\"_ _9\"></span>yi<span class=\"_ _9\"></span>ng value, an imp<span class=\"_ _9\"></span>airme<span class=\"_ _9\"></span>nt los<span class=\"_ _9\"></span>s is re<span class=\"_ _9\"></span>cord<span class=\"_ _9\"></span>ed in th<span class=\"_ _9\"></span>e inco<span class=\"_ _9\"></span>me s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent.<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs24d\">If<span class=\"_ _11\"></span>, in subse<span class=\"_ _9\"></span>que<span class=\"_ _9\"></span>nt pe<span class=\"_ _9\"></span>rio<span class=\"_ _9\"></span>ds, the ne<span class=\"_ _9\"></span>t re<span class=\"_ _9\"></span>alisab<span class=\"_ _9\"></span>le value o<span class=\"_ _9\"></span>f a tradin<span class=\"_ _9\"></span>g prop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y th<span class=\"_ _9\"></span>at was p<span class=\"_ _9\"></span>revio<span class=\"_ _9\"></span>usl<span class=\"_ _9\"></span>y impair<span class=\"_ _9\"></span>ed in<span class=\"_ _9\"></span>crea<span class=\"_ _9\"></span>ses ab<span class=\"_ _9\"></span>ove it<span class=\"_ _9\"></span>s carr<span class=\"_ _a\"></span>ying value, the<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs24e\">impair<span class=\"_ _9\"></span>ment i<span class=\"_ _9\"></span>s rever<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>d to align the c<span class=\"_ _9\"></span>arr<span class=\"_ _9\"></span>yin<span class=\"_ _9\"></span>g value of t<span class=\"_ _9\"></span>he pro<span class=\"_ _9\"></span>per<span class=\"_ _a\"></span>ty w<span class=\"_ _9\"></span>ith the n<span class=\"_ _9\"></span>et r<span class=\"_ _9\"></span>ealis<span class=\"_ _9\"></span>able val<span class=\"_ _9\"></span>ue. T<span class=\"_ _11\"></span>rading p<span class=\"_ _9\"></span>rope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s are pr<span class=\"_ _9\"></span>ese<span class=\"_ _9\"></span>nted on th<span class=\"_ _9\"></span>e bal<span class=\"_ _9\"></span>ance<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs24f\">she<span class=\"_ _9\"></span>et w<span class=\"_ _9\"></span>ithin cur<span class=\"_ _9\"></span>rent as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ts.<span class=\"_ _335\"> </span></div><div class=\"t m0 h12 ff1 fsa fc2 sc0 ls3b ws38 gs250\">AC<span class=\"_ _2\"></span>QUISITION<span class=\"_ _11\"></span> OF PROPER<span class=\"_ _11\"></span>TIES<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs251\">Prope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s are tre<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>d as acqu<span class=\"_ _9\"></span>ired w<span class=\"_ _9\"></span>hen th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up assum<span class=\"_ _9\"></span>es c<span class=\"_ _9\"></span>ontrol o<span class=\"_ _9\"></span>f the pr<span class=\"_ _9\"></span>ope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span> </div><div class=\"t m0 h12 ff1 fsa fc2 sc0 ls3b ws38 gs252\">CAPIT<span class=\"_ _1\"></span>AL E<span class=\"_ _9\"></span>XPENDITURE AND<span class=\"_ _2\"></span> CAPIT<span class=\"_ _1\"></span>ALISA<span class=\"_ _11\"></span>TION OF<span class=\"_ _2\"></span> BORRO<span class=\"_ _2\"></span>WING CO<span class=\"_ _2\"></span>STS<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs253\">Capital<span class=\"_ _2\"></span> expenditure on<span class=\"_ _11\"></span> proper<span class=\"_ _a\"></span>ties<span class=\"_ _2\"></span> consists of costs of a capita<span class=\"_ _2\"></span>l nature<span class=\"_ _11\"></span>, including co<span class=\"_ _2\"></span>sts associated with developments and<span class=\"_ _2\"></span> refurbishments<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs254\">Where<span class=\"_ gsd2\"> </span>a pr<span class=\"_ _2\"></span>oper<span class=\"_ _9\"></span>ty is being developed or u<span class=\"_ _2\"></span>ndergoing ma<span class=\"_ _11\"></span>jor refurbishment,<span class=\"_ _11\"></span> interest cos<span class=\"_ _9\"></span>ts associated with dir<span class=\"_ _2\"></span>ec<span class=\"_ _9\"></span>t expenditure<span class=\"_ _2\"></span> on the pr<span class=\"_ _2\"></span>oper<span class=\"_ _9\"></span>ty are<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs255\">capital<span class=\"_ _2\"></span>ised.<span class=\"_ _2\"></span> Where borrowings<span class=\"_ _11\"></span> are specifically used t<span class=\"_ _11\"></span>o finance an<span class=\"_ _11\"></span>y capital expenditu<span class=\"_ _2\"></span>re on t<span class=\"_ _2\"></span>he properties, the actual borrowi<span class=\"_ _2\"></span>ng costs incurred<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs256\">are<span class=\"_ gsd2\"> </span>capi<span class=\"_ _9\"></span>talise<span class=\"_ _9\"></span>d. However<span class=\"_ _11\"></span>, wh<span class=\"_ _9\"></span>ere b<span class=\"_ _9\"></span>orrow<span class=\"_ _9\"></span>ings ar<span class=\"_ _9\"></span>e use<span class=\"_ _9\"></span>d gen<span class=\"_ _9\"></span>erally to fin<span class=\"_ _9\"></span>ance th<span class=\"_ _9\"></span>e ope<span class=\"_ _9\"></span>ratio<span class=\"_ _9\"></span>ns of th<span class=\"_ _9\"></span>e Grou<span class=\"_ _9\"></span>p, the interes<span class=\"_ _9\"></span>t cap<span class=\"_ _9\"></span>italis<span class=\"_ _9\"></span>ed is c<span class=\"_ _9\"></span>alcul<span class=\"_ _9\"></span>ated<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs257\">using t<span class=\"_ _2\"></span>he Group<span class=\"_ _2\"></span>\u2019<span class=\"_ _11\"></span>s weight<span class=\"_ _2\"></span>ed average cost of borr<span class=\"_ _2\"></span>owings<span class=\"_ _11\"></span>. Interest is capital<span class=\"_ _11\"></span>ise<span class=\"_ _9\"></span>d from t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>e commencement of t<span class=\"_ _11\"></span>he development work u<span class=\"_ _11\"></span>ntil the<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs258\">date of pr<span class=\"_ _2\"></span>actical completion<span class=\"_ _2\"></span>. Certain int<span class=\"_ _2\"></span>ernal staff<span class=\"_ _2\"></span> and associated costs directly attributable t<span class=\"_ _2\"></span>o the managemen<span class=\"_ _2\"></span>t of maj<span class=\"_ _2\"></span>or schemes are<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls3c ws1 gs259\">also cap<span class=\"_ _9\"></span>italis<span class=\"_ _9\"></span>ed. The total s<span class=\"_ _9\"></span>taff an<span class=\"_ _9\"></span>d ass<span class=\"_ _9\"></span>ocia<span class=\"_ _9\"></span>ted c<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>ts are c<span class=\"_ _9\"></span>apitali<span class=\"_ _9\"></span>sed b<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>ed on th<span class=\"_ _9\"></span>e prop<span class=\"_ _9\"></span>or<span class=\"_ _a\"></span>tion of time s<span class=\"_ _9\"></span>pent o<span class=\"_ _9\"></span>n the re<span class=\"_ _9\"></span>levant sc<span class=\"_ _9\"></span>hem<span class=\"_ _9\"></span>e. Internal s<span class=\"_ _9\"></span>taff<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls3c ws29 gs25a\">cos<span class=\"_ _9\"></span>ts a<span class=\"_ _9\"></span>re capi<span class=\"_ _9\"></span>talise<span class=\"_ _9\"></span>d from th<span class=\"_ _9\"></span>e date th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up dete<span class=\"_ _9\"></span>rmine<span class=\"_ _9\"></span>s it is p<span class=\"_ _9\"></span>rob<span class=\"_ _9\"></span>able th<span class=\"_ _9\"></span>at th<span class=\"_ _9\"></span>e develo<span class=\"_ _9\"></span>pme<span class=\"_ _9\"></span>nt will p<span class=\"_ _9\"></span>rogr<span class=\"_ _9\"></span>ess u<span class=\"_ _9\"></span>ntil the da<span class=\"_ _9\"></span>te of pr<span class=\"_ _9\"></span>ac<span class=\"_ _9\"></span>tica<span class=\"_ _9\"></span>l comp<span class=\"_ _9\"></span>let<span class=\"_ _9\"></span>ion.<span class=\"_ _335\"> </span></div>TR<span class=\"_ _9\"></span>A<span class=\"_ _9\"></span>NSFER<span class=\"_ _9\"></span>S BET<span class=\"_ _9\"></span>WE<span class=\"_ _9\"></span>EN IN<span class=\"_ _9\"></span>VES<span class=\"_ _9\"></span>TME<span class=\"_ _9\"></span>NT PROPERTIES A<span class=\"_ _9\"></span>ND TR<span class=\"_ _9\"></span>A<span class=\"_ _9\"></span>DIN<span class=\"_ _9\"></span>G PROPERTIES<span class=\"_ _335\"> </span>When th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up be<span class=\"_ _9\"></span>gins to re<span class=\"_ _9\"></span>devel<span class=\"_ _9\"></span>op an exi<span class=\"_ _9\"></span>st<span class=\"_ _9\"></span>ing inves<span class=\"_ _9\"></span>tme<span class=\"_ _9\"></span>nt pro<span class=\"_ _9\"></span>per<span class=\"_ _a\"></span>ty fo<span class=\"_ _9\"></span>r continu<span class=\"_ _9\"></span>ed f<span class=\"_ _9\"></span>uture us<span class=\"_ _9\"></span>e as an inves<span class=\"_ _9\"></span>tm<span class=\"_ _9\"></span>ent pro<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>, the p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _335\"> </span>continu<span class=\"_ _9\"></span>es to b<span class=\"_ _9\"></span>e hel<span class=\"_ _9\"></span>d as an inves<span class=\"_ _9\"></span>tme<span class=\"_ _9\"></span>nt prop<span class=\"_ _9\"></span>er<span class=\"_ _a\"></span>ty<span class=\"_ _11\"></span>. Wh<span class=\"_ _9\"></span>en the G<span class=\"_ _9\"></span>roup b<span class=\"_ _9\"></span>egin<span class=\"_ _9\"></span>s to redeve<span class=\"_ _9\"></span>lop an ex<span class=\"_ _9\"></span>is<span class=\"_ _9\"></span>ting inves<span class=\"_ _9\"></span>tm<span class=\"_ _9\"></span>ent pr<span class=\"_ _9\"></span>ope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y wi<span class=\"_ _9\"></span>th a vi<span class=\"_ _9\"></span>ew to sell, the<span class=\"_ _335\"> </span>prop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y i<span class=\"_ _9\"></span>s trans<span class=\"_ _9\"></span>ferr<span class=\"_ _9\"></span>ed to trad<span class=\"_ _9\"></span>ing pro<span class=\"_ _9\"></span>per<span class=\"_ _a\"></span>ties and h<span class=\"_ _9\"></span>eld as a c<span class=\"_ _9\"></span>urren<span class=\"_ _9\"></span>t asse<span class=\"_ _9\"></span>t. The pro<span class=\"_ _9\"></span>per<span class=\"_ _a\"></span>ty i<span class=\"_ _9\"></span>s reme<span class=\"_ _9\"></span>asure<span class=\"_ _9\"></span>d to fair valu<span class=\"_ _9\"></span>e as at th<span class=\"_ _9\"></span>e date o<span class=\"_ _9\"></span>f the trans<span class=\"_ _9\"></span>fe<span class=\"_ _9\"></span>r<span class=\"_ _335\"> </span>with any gai<span class=\"_ _9\"></span>n or los<span class=\"_ _9\"></span>s be<span class=\"_ _9\"></span>ing taken to the inc<span class=\"_ _9\"></span>ome s<span class=\"_ _9\"></span>ta<span class=\"_ _9\"></span>temen<span class=\"_ _9\"></span>t. The reme<span class=\"_ _9\"></span>asur<span class=\"_ _9\"></span>ed amo<span class=\"_ _9\"></span>unt be<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>mes th<span class=\"_ _9\"></span>e de<span class=\"_ _9\"></span>eme<span class=\"_ _9\"></span>d cos<span class=\"_ _9\"></span>t at w<span class=\"_ _9\"></span>hich th<span class=\"_ _9\"></span>e pro<span class=\"_ _9\"></span>per<span class=\"_ _a\"></span>ty is th<span class=\"_ _9\"></span>en<span class=\"_ _335\"> </span>carried in<span class=\"_ _11\"></span> trading properties.<span class=\"_ _335\"> </span>DISP<span class=\"_ _9\"></span>OSAL OF PROPERTIE<span class=\"_ _9\"></span>S<span class=\"_ _335\"> </span>Prope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s are tre<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>d as disp<span class=\"_ _9\"></span>ose<span class=\"_ _9\"></span>d wh<span class=\"_ _9\"></span>en con<span class=\"_ _9\"></span>trol of th<span class=\"_ _9\"></span>e prop<span class=\"_ _9\"></span>er<span class=\"_ _a\"></span>ty is tra<span class=\"_ _9\"></span>nsf<span class=\"_ _9\"></span>erre<span class=\"_ _9\"></span>d to the bu<span class=\"_ _9\"></span>yer<span class=\"_ _11\"></span>. T<span class=\"_ _11\"></span>yp<span class=\"_ _9\"></span>icall<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>, this wi<span class=\"_ _9\"></span>ll eith<span class=\"_ _9\"></span>er oc<span class=\"_ _9\"></span>cur on un<span class=\"_ _9\"></span>condi<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>al<span class=\"_ _335\"> </span>exchange<span class=\"_ _11\"></span> or on completion.<span class=\"_ _2\"></span> Where completion is<span class=\"_ _11\"></span> exp<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>ted to<span class=\"_ _2\"></span> occur sign<span class=\"_ _2\"></span>ifican<span class=\"_ _2\"></span>tly after excha<span class=\"_ _2\"></span>nge,<span class=\"_ _2\"></span> or where the<span class=\"_ _2\"></span> Group cont<span class=\"_ _2\"></span>inues to<span class=\"_ _11\"></span> ha<span class=\"_ _9\"></span>ve<span class=\"_ _335\"> </span>signi<span class=\"_ _2\"></span>ficant outstanding<span class=\"_ _11\"></span> obligations after exchange<span class=\"_ _11\"></span>, the control wil<span class=\"_ _11\"></span>l not usually tra<span class=\"_ _2\"></span>nsfer to t<span class=\"_ _2\"></span>he buyer u<span class=\"_ _2\"></span>ntil com<span class=\"_ _2\"></span>pletion.<span class=\"_ _335\"> </span>The pro<span class=\"_ _9\"></span>fit on dis<span class=\"_ _9\"></span>pos<span class=\"_ _9\"></span>al is de<span class=\"_ _9\"></span>termin<span class=\"_ _9\"></span>ed a<span class=\"_ _9\"></span>s the differe<span class=\"_ _9\"></span>nce b<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>we<span class=\"_ _9\"></span>en th<span class=\"_ _9\"></span>e sale<span class=\"_ _9\"></span>s pro<span class=\"_ _9\"></span>cee<span class=\"_ _9\"></span>ds and th<span class=\"_ _9\"></span>e carr<span class=\"_ _a\"></span>ying amo<span class=\"_ _9\"></span>unt of the a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>t at th<span class=\"_ _9\"></span>e be<span class=\"_ _9\"></span>ginning o<span class=\"_ _9\"></span>f the<span class=\"_ _335\"> </span>accounting<span class=\"_ _11\"></span> p<span class=\"_ _9\"></span>eriod plus ca<span class=\"_ _2\"></span>pital e<span class=\"_ _2\"></span>xpenditure t<span class=\"_ _2\"></span>o the dat<span class=\"_ _2\"></span>e of dis<span class=\"_ _2\"></span>posal<span class=\"_ _2\"></span>. The pro<span class=\"_ _2\"></span>fit on dis<span class=\"_ _2\"></span>posal of in<span class=\"_ _11\"></span>ves<span class=\"_ _9\"></span>tment properties is presented separ<span class=\"_ _2\"></span>ately on<span class=\"_ _335\"> </span>the fac<span class=\"_ _9\"></span>e of the in<span class=\"_ _9\"></span>com<span class=\"_ _9\"></span>e sta<span class=\"_ _9\"></span>teme<span class=\"_ _9\"></span>nt. Proce<span class=\"_ _9\"></span>eds r<span class=\"_ _9\"></span>ece<span class=\"_ _9\"></span>ived o<span class=\"_ _9\"></span>n the sal<span class=\"_ _9\"></span>e of tradi<span class=\"_ _9\"></span>ng pro<span class=\"_ _9\"></span>per<span class=\"_ _a\"></span>ties are re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>gnise<span class=\"_ _9\"></span>d wi<span class=\"_ _9\"></span>thin Revenue, and the c<span class=\"_ _9\"></span>arr<span class=\"_ _9\"></span>y<span class=\"_ _9\"></span>ing value<span class=\"_ _335\"> </span>at the d<span class=\"_ _9\"></span>ate of di<span class=\"_ _9\"></span>spo<span class=\"_ _9\"></span>sal is re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>gnise<span class=\"_ _9\"></span>d wi<span class=\"_ _9\"></span>thin Cos<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s.<span class=\"_ _335\"> </span>S<span class=\"_ _87\"> </span><span class=\"fc2 lsd0 wsa4\">SIGNIFICANT<span class=\"_ _11\"></span> ACCOUNTING<span class=\"_ _11\"></span> JU<span class=\"_ _9\"></span>DGEMENT<span class=\"_ _335\"> </span></span>AC<span class=\"_ _2\"></span>QUISITION<span class=\"_ _11\"></span> AND DISPOSAL OF<span class=\"_ _11\"></span> PROPERT<span class=\"_ _11\"></span>IE<span class=\"_ _9\"></span>S<span class=\"_ _335\"> </span>Propert<span class=\"_ _9\"></span>y transactions can be<span class=\"_ _2\"></span> complex in<span class=\"_ _2\"></span> nature a<span class=\"_ _2\"></span>nd material<span class=\"_ _11\"></span> to the financi<span class=\"_ _2\"></span>al statements<span class=\"_ _2\"></span>. T<span class=\"_ _11\"></span>o determi<span class=\"_ _2\"></span>ne when an acq<span class=\"_ _2\"></span>uisition<span class=\"_ _2\"></span> or disposal s<span class=\"_ _2\"></span>hould be<span class=\"_ _335\"> </span>reco<span class=\"_ _9\"></span>gnis<span class=\"_ _9\"></span>ed, mana<span class=\"_ _9\"></span>gem<span class=\"_ _9\"></span>ent co<span class=\"_ _9\"></span>nsid<span class=\"_ _9\"></span>er wh<span class=\"_ _9\"></span>eth<span class=\"_ _9\"></span>er the G<span class=\"_ _9\"></span>roup as<span class=\"_ _9\"></span>sume<span class=\"_ _9\"></span>s or re<span class=\"_ _9\"></span>linqui<span class=\"_ _9\"></span>she<span class=\"_ _9\"></span>s contro<span class=\"_ _9\"></span>l of the p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>, an<span class=\"_ _9\"></span>d the p<span class=\"_ _9\"></span>oint at w<span class=\"_ _9\"></span>hich th<span class=\"_ _9\"></span>is is ob<span class=\"_ _9\"></span>taine<span class=\"_ _9\"></span>d<span class=\"_ _335\"> </span>or relinq<span class=\"_ _2\"></span>uished<span class=\"_ _2\"></span>. Consideration<span class=\"_ _2\"></span> is given<span class=\"_ _11\"></span> to the terms<span class=\"_ _2\"></span> of the acq<span class=\"_ _2\"></span>uisition or<span class=\"_ _11\"></span> disposal contracts and any<span class=\"_ _11\"></span> conditions that must be satisfied before<span class=\"_ _2\"></span> the<span class=\"_ _335\"> </span>contract is ful<span class=\"_ _2\"></span>filled<span class=\"_ _11\"></span>. In the case<span class=\"_ _2\"></span> of an acq<span class=\"_ _2\"></span>uisition<span class=\"_ _11\"></span>, management must also consider whether t<span class=\"_ _11\"></span>he transaction represents an asset acqui<span class=\"_ _2\"></span>sition or<span class=\"_ _335\"> </span>business combinati<span class=\"_ _2\"></span>on.<span class=\"_ _335\"> </span>KEY AC<span class=\"_ _2\"></span>COUNTING<span class=\"_ _2\"></span> ESTIMA<span class=\"_ _11\"></span>TES AND O<span class=\"_ _11\"></span>THER SOURCES OF<span class=\"_ _11\"></span> E<span class=\"_ _9\"></span>STIMA<span class=\"_ _11\"></span>TION UNCER<span class=\"_ _11\"></span>T<span class=\"_ _11\"></span>AINT<span class=\"_ _9\"></span>Y<span class=\"_ _335\"> </span>V<span class=\"_ _11\"></span>ALUA<span class=\"_ _1\"></span>TION OF THE<span class=\"_ _11\"></span> GROUP\u2019S PROP<span class=\"_ _11\"></span>E<span class=\"_ _9\"></span>RTIES<span class=\"_ _335\"> </span>The val<span class=\"_ _2\"></span>uation of t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>e Group<span class=\"_ _2\"></span>\u2019<span class=\"_ _11\"></span>s propert<span class=\"_ _9\"></span>y por<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>folio has<span class=\"_ _2\"></span> been undertaken b<span class=\"_ _2\"></span>y independent v<span class=\"_ _11\"></span>aluers in accordance with<span class=\"_ _2\"></span> the R<span class=\"_ _11\"></span>oyal Institution<span class=\"_ _11\"></span> of<span class=\"_ _335\"> </span>Char<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>red S<span class=\"_ _9\"></span>ur<span class=\"_ _9\"></span>veyor<span class=\"_ _9\"></span>s (RICS) Valuatio<span class=\"_ _9\"></span>n \u2013 Glo<span class=\"_ _9\"></span>bal Standar<span class=\"_ _9\"></span>ds and UK S<span class=\"_ _9\"></span>uppl<span class=\"_ _9\"></span>eme<span class=\"_ _9\"></span>nt (togeth<span class=\"_ _9\"></span>er the \u201cRe<span class=\"_ _9\"></span>d Bo<span class=\"_ _9\"></span>ok<span class=\"_ _9\"></span>\u201d)<span class=\"_ _1\"></span>. Re<span class=\"_ _9\"></span>al es<span class=\"_ _9\"></span>tate by i<span class=\"_ _9\"></span>ts na<span class=\"_ _9\"></span>ture is a c<span class=\"_ _9\"></span>ompl<span class=\"_ _9\"></span>ex<span class=\"_ _335\"> </span>asset class with va<span class=\"_ _2\"></span>lue determi<span class=\"_ _2\"></span>ned by a<span class=\"_ _2\"></span> range of<span class=\"_ _2\"></span> factors overlaid<span class=\"_ _2\"></span> by in<span class=\"_ _2\"></span>terpretation<span class=\"_ _11\"></span> and judgemental assessment of<span class=\"_ _2\"></span> mark<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>t data<span class=\"_ _11\"></span>; as such it is<span class=\"_ _335\"> </span>clas<span class=\"_ _9\"></span>sified a<span class=\"_ _9\"></span>s \u2018Level 3 as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>\u2019 wit<span class=\"_ _9\"></span>hin IFRS. Factor<span class=\"_ _9\"></span>s affe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ting valu<span class=\"_ _9\"></span>atio<span class=\"_ _9\"></span>n are on an in<span class=\"_ _9\"></span>divi<span class=\"_ _9\"></span>dual pr<span class=\"_ _9\"></span>ope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y leve<span class=\"_ _9\"></span>l and inc<span class=\"_ _9\"></span>lude th<span class=\"_ _9\"></span>e prop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>t<span class=\"_ _a\"></span>y typ<span class=\"_ _9\"></span>e, loca<span class=\"_ _9\"></span>tion,<span class=\"_ _335\"> </span>tenure<span class=\"_ _2\"></span> and tena<span class=\"_ _2\"></span>ncy characteristics, quality of the asset and<span class=\"_ _11\"></span> prospe<span class=\"_ _9\"></span>ct<span class=\"_ _9\"></span>s for futu<span class=\"_ _2\"></span>re rent<span class=\"_ _2\"></span>al rev<span class=\"_ _11\"></span>enue.<span class=\"_ _335\"> </span>The Group<span class=\"_ _2\"></span>\u2019<span class=\"_ _11\"></span>s in<span class=\"_ _2\"></span>vestment propert<span class=\"_ _9\"></span>y valuation<span class=\"_ _2\"></span> has been undertaken<span class=\"_ _2\"></span> by v<span class=\"_ _2\"></span>aluers int<span class=\"_ _2\"></span>erpreting ma<span class=\"_ _2\"></span>rket e<span class=\"_ _11\"></span>v<span class=\"_ _9\"></span>idence as ava<span class=\"_ _11\"></span>ilable in reaching t<span class=\"_ _11\"></span>heir<span class=\"_ _335\"> </span>conclusions on<span class=\"_ _2\"></span> F<span class=\"_ _2\"></span>air V<span class=\"_ _11\"></span>alue<span class=\"_ _11\"></span>, reflec<span class=\"_ _9\"></span>ting asset specifi<span class=\"_ _2\"></span>c data pr<span class=\"_ _2\"></span>ovided by<span class=\"_ _2\"></span> Management,<span class=\"_ _2\"></span> making assumpt<span class=\"_ _2\"></span>ions that t<span class=\"_ _11\"></span>enure, tena<span class=\"_ _11\"></span>ncies, town plann<span class=\"_ _11\"></span>ing<span class=\"_ _335\"> </span>and con<span class=\"_ _9\"></span>ditio<span class=\"_ _9\"></span>n of buil<span class=\"_ _9\"></span>ding<span class=\"_ _9\"></span>s are as prov<span class=\"_ _9\"></span>ide<span class=\"_ _9\"></span>d. As a re<span class=\"_ _9\"></span>sult, the valu<span class=\"_ _9\"></span>atio<span class=\"_ _9\"></span>ns the G<span class=\"_ _9\"></span>roup pl<span class=\"_ _9\"></span>ace<span class=\"_ _9\"></span>s on it<span class=\"_ _9\"></span>s pro<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y po<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>foli<span class=\"_ _9\"></span>o are subje<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t to a deg<span class=\"_ _9\"></span>ree of<span class=\"_ _335\"> </span>uncer<span class=\"_ _a\"></span>taint<span class=\"_ _9\"></span>y and are m<span class=\"_ _9\"></span>ade on th<span class=\"_ _9\"></span>e ba<span class=\"_ _9\"></span>sis of as<span class=\"_ _9\"></span>sump<span class=\"_ _9\"></span>tions w<span class=\"_ _9\"></span>hich m<span class=\"_ _9\"></span>ay n<span class=\"_ _9\"></span>ot prove to b<span class=\"_ _9\"></span>e acc<span class=\"_ _9\"></span>urate, par<span class=\"_ _a\"></span>ticularl<span class=\"_ _9\"></span>y in per<span class=\"_ _9\"></span>iods o<span class=\"_ _9\"></span>f vola<span class=\"_ _9\"></span>tilit<span class=\"_ _9\"></span>y o<span class=\"_ _9\"></span>r low<span class=\"_ _335\"> </span>transaction volu<span class=\"_ _2\"></span>me in t<span class=\"_ _2\"></span>he propert<span class=\"_ _9\"></span>y market<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>The estimation of<span class=\"_ _2\"></span> the net realisa<span class=\"_ _2\"></span>ble val<span class=\"_ _2\"></span>ue of the<span class=\"_ _2\"></span> Group\u2019<span class=\"_ _1\"></span>s trading pr<span class=\"_ _2\"></span>oper<span class=\"_ _9\"></span>ties, i<span class=\"_ _2\"></span>n particular the<span class=\"_ _2\"></span> development la<span class=\"_ _2\"></span>nd and i<span class=\"_ _2\"></span>nfrastructure progra<span class=\"_ _2\"></span>mmes,<span class=\"_ _335\"> </span>is inhe<span class=\"_ _9\"></span>rentl<span class=\"_ _9\"></span>y subjec<span class=\"_ _a\"></span>tive due to a numb<span class=\"_ _9\"></span>er of f<span class=\"_ _9\"></span>ac<span class=\"_ _9\"></span>tor<span class=\"_ _9\"></span>s, inclu<span class=\"_ _9\"></span>ding the<span class=\"_ _9\"></span>ir com<span class=\"_ _9\"></span>plex<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>, unu<span class=\"_ _9\"></span>sually l<span class=\"_ _9\"></span>arge siz<span class=\"_ _9\"></span>e, the subs<span class=\"_ _9\"></span>tantial ex<span class=\"_ _9\"></span>pen<span class=\"_ _9\"></span>ditur<span class=\"_ _9\"></span>e requi<span class=\"_ _9\"></span>red an<span class=\"_ _9\"></span>d<span class=\"_ _335\"> </span>long timescales<span class=\"_ _2\"></span> to completion<span class=\"_ _11\"></span>. In addition<span class=\"_ _11\"></span>, as a result of<span class=\"_ _11\"></span> these timescales to complet<span class=\"_ _2\"></span>ion, t<span class=\"_ _2\"></span>he plans associated<span class=\"_ _2\"></span> with these progr<span class=\"_ _2\"></span>ammes could be<span class=\"_ _335\"> </span>subjec<span class=\"_ _a\"></span>t to significant mar<span class=\"_ _9\"></span>ket variati<span class=\"_ _9\"></span>on over th<span class=\"_ _9\"></span>e cour<span class=\"_ _9\"></span>se of d<span class=\"_ _9\"></span>evelo<span class=\"_ _9\"></span>pme<span class=\"_ _9\"></span>nt. As a res<span class=\"_ _9\"></span>ult, and sim<span class=\"_ _9\"></span>ilar to the valu<span class=\"_ _9\"></span>atio<span class=\"_ _9\"></span>n of inves<span class=\"_ _9\"></span>tme<span class=\"_ _9\"></span>nt pro<span class=\"_ _9\"></span>per<span class=\"_ _a\"></span>ties, the<span class=\"_ _335\"> </span>net r<span class=\"_ _9\"></span>ealis<span class=\"_ _9\"></span>able val<span class=\"_ _9\"></span>ues o<span class=\"_ _9\"></span>f the Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s tra<span class=\"_ _9\"></span>ding pro<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>ties a<span class=\"_ _9\"></span>re subje<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t to a deg<span class=\"_ _9\"></span>ree of u<span class=\"_ _9\"></span>ncer<span class=\"_ _a\"></span>tainty a<span class=\"_ _9\"></span>nd are de<span class=\"_ _9\"></span>term<span class=\"_ _9\"></span>ined o<span class=\"_ _9\"></span>n the b<span class=\"_ _9\"></span>asis of a<span class=\"_ _9\"></span>ssum<span class=\"_ _9\"></span>ptio<span class=\"_ _9\"></span>ns<span class=\"_ _335\"> </span>whic<span class=\"_ _9\"></span>h may n<span class=\"_ _9\"></span>ot prove to b<span class=\"_ _9\"></span>e acc<span class=\"_ _9\"></span>urate.<span class=\"_ _335\"> </span>If the ass<span class=\"_ _9\"></span>umpti<span class=\"_ _9\"></span>ons up<span class=\"_ _9\"></span>on wh<span class=\"_ _9\"></span>ich the ex<span class=\"_ _a\"></span>ternal value<span class=\"_ _9\"></span>r has b<span class=\"_ _9\"></span>ase<span class=\"_ _9\"></span>d it<span class=\"_ _9\"></span>s valua<span class=\"_ _9\"></span>tions p<span class=\"_ _9\"></span>rove to be in<span class=\"_ _9\"></span>accur<span class=\"_ _9\"></span>ate, this ma<span class=\"_ _9\"></span>y have an im<span class=\"_ _9\"></span>pac<span class=\"_ _a\"></span>t on the value o<span class=\"_ _9\"></span>f the<span class=\"_ _335\"> </span>Group\u2019<span class=\"_ _2\"></span>s inves<span class=\"_ _9\"></span>tmen<span class=\"_ _9\"></span>t and tradi<span class=\"_ _9\"></span>ng pro<span class=\"_ _9\"></span>per<span class=\"_ _a\"></span>ties, whic<span class=\"_ _9\"></span>h coul<span class=\"_ _9\"></span>d in turn ha<span class=\"_ _9\"></span>ve an effec<span class=\"_ _a\"></span>t on the Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s financ<span class=\"_ _9\"></span>ial po<span class=\"_ _9\"></span>sitio<span class=\"_ _9\"></span>n and re<span class=\"_ _9\"></span>sult<span class=\"_ _9\"></span>s. Whils<span class=\"_ _9\"></span>t the valu<span class=\"_ _9\"></span>atio<span class=\"_ _9\"></span>ns<span class=\"_ _335\"> </span>were appr<span class=\"_ _2\"></span>opriate as<span class=\"_ _2\"></span> at 3<span class=\"_ _11\"></span>1 March 20<span class=\"_ _11\"></span>26,<span class=\"_ _2\"></span> changes to<span class=\"_ _2\"></span> macroeconomic conditions<span class=\"_ _2\"></span> could aff<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t future<span class=\"_ _2\"></span> valuation<span class=\"_ _2\"></span>s.<span class=\"_ _335\"> </span><div class=\"t m0 ha2 ff1 fs7 fc0 sc0 ls15f ws19b gs27a\">13<span class=\"_ _118\"> </span><span class=\"fc4 lsab ws199\">INVE<span class=\"_ _9\"></span>STM<span class=\"_ _9\"></span>ENT PROPE<span class=\"_ _9\"></span>RTIES<span class=\"_ _335\"> </span></span></div><div class=\"gs27b\"><table class=\"s w17c hd7\" id=\"_4a643411-c338-46a4-9c3f-4e064040fee2\"><tr><td></td><td class=\"t m0 x2ba h15 y336d ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y336d ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24d h15 y336e ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y336e ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32dc w17d hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Net b<span class=\"_ _9\"></span>ook valu<span class=\"_ _9\"></span>e at the be<span class=\"_ _9\"></span>ginni<span class=\"_ _9\"></span>ng of the year<span class=\"_ _335\"> </span></div></td><td class=\"c n x77f y32dc w51 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">10,034<span class=\"_ _335\"> </span></div></td><td class=\"c n x780 y32dc w5e hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">9,330<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y32dd w17e hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Acquisit<span class=\"_ _2\"></span>ions of in<span class=\"_ _11\"></span>ves<span class=\"_ _9\"></span>tment properties</div><div class=\"t m0 x781 h16 y32a3 ff3 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c5 y32dd w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">75<span class=\"_ _335\"> </span></div></td><td class=\"c n x782 y32dd w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">642<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32de w17f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls37 ws34\">Capital exp<span class=\"_ _9\"></span>enditure<span class=\"_ _335\"> </span></div></td><td class=\"c n x72c y32de w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">443<span class=\"_ _335\"> </span></div></td><td class=\"c n x60b y32de w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">473<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y334a w180 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws33\">Capitalis<span class=\"_ _9\"></span>ed intere<span class=\"_ _9\"></span>st<span class=\"_ _335\"> </span></div></td><td class=\"c n x538 y334a w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">41<span class=\"_ _335\"> </span></div></td><td class=\"c n x539 y334a w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">27<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y32e1 w181 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Net movement i<span class=\"_ _2\"></span>n head leases capit<span class=\"_ _2\"></span>alised</div><div class=\"t m0 x783 h16 y32a3 ff3 fse fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x784 y32e1 w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td><td class=\"c n x785 y32e1 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">86<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y32e2 w182 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls65 ws63\">Disposals</div><div class=\"t m0 x786 h16 y32a3 ff3 fse fc2 sc0 ls161 ws19e\">3,4<span class=\"_ _335\"> </span></div></td><td class=\"c n x787 y32c9 w30 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(669)<span class=\"_ _335\"> </span></div></td><td class=\"c n x788 y32c9 w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(479)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y32ca w183 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Net su<span class=\"_ _9\"></span>rplus o<span class=\"_ _9\"></span>n revalua<span class=\"_ _9\"></span>tion o<span class=\"_ _9\"></span>f inves<span class=\"_ _9\"></span>tment p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>es</div><div class=\"t m0 x789 h16 y32a9 ff3 fse fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c5 y32ca w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">96<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c6 y32ca w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">91<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w184 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">T<span class=\"_ _11\"></span>ransfer to<span class=\"_ _2\"></span> proper<span class=\"_ _9\"></span>ty<span class=\"_ _11\"></span>, plant and equi<span class=\"_ _11\"></span>pm<span class=\"_ _9\"></span>ent (<span class=\"_ _11\"></span>note 1<span class=\"_ _11\"></span>8)<span class=\"_ _335\"> </span></div></td><td class=\"c n x78a y32cb w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x78b y32cb w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(26)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w185 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">T<span class=\"_ _11\"></span>ransfer to<span class=\"_ _2\"></span> assets held for sale<span class=\"_ _335\"> </span></div></td><td class=\"c n x310 y32cc w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x78c y32cc w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(110)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w186 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Net b<span class=\"_ _9\"></span>ook valu<span class=\"_ _9\"></span>e at the en<span class=\"_ _9\"></span>d of the year<span class=\"_ _335\"> </span></div></td><td class=\"c n x78d y32cd w51 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">10,018</div></td><td class=\"c n x78e y32cd w187 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">10,034<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls5 ws1 gs27c\">1. <span class=\"_ _9\"></span>Adj<span class=\"_ _9\"></span>us<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d dow<span class=\"_ _9\"></span>nwa<span class=\"_ _9\"></span>rd by <span class=\"ff2 ls14f ws186\">\u00a3<span class=\"_ _9\"></span>1<span class=\"_ _9\"></span>7m<span class=\"_ _9\"></span></span> of tr<span class=\"_ _9\"></span>ans<span class=\"_ _9\"></span>ac<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>ion a<span class=\"_ _9\"></span>nd co<span class=\"_ _9\"></span>ntr<span class=\"_ _9\"></span>ac<span class=\"_ _9\"></span>t r<span class=\"_ _9\"></span>el<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>d pr<span class=\"_ _9\"></span>ovi<span class=\"_ _9\"></span>sio<span class=\"_ _9\"></span>ns u<span class=\"_ _9\"></span>til<span class=\"_ _9\"></span>ise<span class=\"_ _9\"></span>d in th<span class=\"_ _9\"></span>e ye<span class=\"_ _9\"></span>ar (see no<span class=\"_ _9\"></span>te 33)<span class=\"_ _11\"></span>. </div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls5 ws1 gs27d\">2<span class=\"_ _2\"></span>. <span class=\"_ _a\"></span>Se<span class=\"_ _9\"></span>e no<span class=\"_ _9\"></span>te 21 for d<span class=\"_ _9\"></span>eta<span class=\"_ _9\"></span>ils o<span class=\"_ _9\"></span>f the a<span class=\"_ _9\"></span>mo<span class=\"_ _9\"></span>unt<span class=\"_ _9\"></span>s pa<span class=\"_ _9\"></span>yab<span class=\"_ _9\"></span>le un<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>r he<span class=\"_ _9\"></span>ad l<span class=\"_ _9\"></span>ea<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>s and n<span class=\"_ _9\"></span>ot<span class=\"_ _9\"></span>e 4 for d<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>ails o<span class=\"_ _9\"></span>f th<span class=\"_ _9\"></span>e ren<span class=\"_ _9\"></span>ts p<span class=\"_ _9\"></span>ay<span class=\"_ _9\"></span>abl<span class=\"_ _9\"></span>e in th<span class=\"_ _9\"></span>e inc<span class=\"_ _9\"></span>om<span class=\"_ _9\"></span>e s<span class=\"_ _9\"></span>tate<span class=\"_ _9\"></span>me<span class=\"_ _9\"></span>nt.<span class=\"_ _335\"> </span></div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls5 ws1 gs27e\">3<span class=\"_ _11\"></span>. <span class=\"_ _32\"> </span>Inc<span class=\"_ _9\"></span>lu<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>s imp<span class=\"_ _9\"></span>ac<span class=\"_ _9\"></span>t o<span class=\"_ _9\"></span>f dis<span class=\"_ _9\"></span>po<span class=\"_ _9\"></span>sal<span class=\"_ _9\"></span>s of fin<span class=\"_ _9\"></span>anc<span class=\"_ _9\"></span>e le<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>es.<span class=\"_ _335\"> </span></div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls5 ws1 gs27f\">4. <span class=\"_ _9\"></span>W<span class=\"_ _9\"></span>hils<span class=\"_ _9\"></span>t t<span class=\"_ _9\"></span>he G<span class=\"_ _9\"></span>rou<span class=\"_ _9\"></span>p\u2019<span class=\"_ _2\"></span>s acc<span class=\"_ _9\"></span>oun<span class=\"_ _9\"></span>tin<span class=\"_ _9\"></span>g po<span class=\"_ _9\"></span>lic<span class=\"_ _9\"></span>y is t<span class=\"_ _9\"></span>o re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>gnis<span class=\"_ _9\"></span>e th<span class=\"_ _9\"></span>e pro<span class=\"_ _9\"></span>fit<span class=\"_ _9\"></span>/<span class=\"_ _11\"></span>(lo<span class=\"_ _9\"></span>ss) on dis<span class=\"_ _9\"></span>po<span class=\"_ _9\"></span>sal o<span class=\"_ _9\"></span>f inve<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>tme<span class=\"_ _9\"></span>nt p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>er<span class=\"_ _a\"></span>ties w<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>h ref<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>enc<span class=\"_ _9\"></span>e to th<span class=\"_ _9\"></span>e as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>\u2019<span class=\"_ _2\"></span>s carr<span class=\"_ _a\"></span>ying a<span class=\"_ _9\"></span>mo<span class=\"_ _9\"></span>unt a<span class=\"_ _9\"></span>t the b<span class=\"_ _9\"></span>e<span class=\"_ _9\"></span>ginn<span class=\"_ _9\"></span>ing<span class=\"_ _9\"></span> </div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls5 ws1 gs280\">of th<span class=\"_ _9\"></span>e acc<span class=\"_ _9\"></span>ou<span class=\"_ _9\"></span>ntin<span class=\"_ _9\"></span>g pe<span class=\"_ _9\"></span>ri<span class=\"_ _9\"></span>od, <span class=\"ff2 lsba wsce\">\u00a3<span class=\"_ _9\"></span>22m</span> o<span class=\"_ _9\"></span>f the b<span class=\"_ _9\"></span>al<span class=\"_ _9\"></span>anc<span class=\"_ _9\"></span>e pe<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tai<span class=\"_ _9\"></span>ns to r<span class=\"_ _9\"></span>evalu<span class=\"_ _9\"></span>at<span class=\"_ _9\"></span>ion m<span class=\"_ _9\"></span>ove<span class=\"_ _9\"></span>me<span class=\"_ _9\"></span>nt<span class=\"_ _9\"></span>s ari<span class=\"_ _9\"></span>sin<span class=\"_ _9\"></span>g fro<span class=\"_ _9\"></span>m re<span class=\"_ _9\"></span>ntal in<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>me r<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>ei<span class=\"_ _9\"></span>ved f<span class=\"_ _9\"></span>rom 1 A<span class=\"_ _9\"></span>pr<span class=\"_ _9\"></span>il 202<span class=\"_ _11\"></span>5 t<span class=\"_ _9\"></span>o the d<span class=\"_ _9\"></span>ate o<span class=\"_ _9\"></span>f dis<span class=\"_ _9\"></span>po<span class=\"_ _9\"></span>sa<span class=\"_ _9\"></span>l on th<span class=\"_ _9\"></span>e </div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls7 ws6 gs281\">Queen Anne\u2019<span class=\"_ _11\"></span>s Mans<span class=\"_ _2\"></span>ions office<span class=\"_ _11\"></span> block.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs282\">The mar<span class=\"_ _9\"></span>ket value of th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s inves<span class=\"_ _9\"></span>tme<span class=\"_ _9\"></span>nt pro<span class=\"_ _9\"></span>per<span class=\"_ _a\"></span>ties, as de<span class=\"_ _9\"></span>termin<span class=\"_ _9\"></span>ed by the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _2\"></span>s ex<span class=\"_ _9\"></span>tern<span class=\"_ _9\"></span>al valuer<span class=\"_ _9\"></span>s, differ<span class=\"_ _9\"></span>s from th<span class=\"_ _9\"></span>e ne<span class=\"_ _9\"></span>t bo<span class=\"_ _9\"></span>ok value p<span class=\"_ _9\"></span>rese<span class=\"_ _9\"></span>nted<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs283\">in the<span class=\"_ _2\"></span> balance sheet due t<span class=\"_ _11\"></span>o the Group presenti<span class=\"_ _2\"></span>ng tenan<span class=\"_ _2\"></span>t finance<span class=\"_ _11\"></span> le<span class=\"_ _9\"></span>ases, head leases and<span class=\"_ _2\"></span> lease incentiv<span class=\"_ _2\"></span>es separately<span class=\"_ _1\"></span>. The follo<span class=\"_ _2\"></span>wing table </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs284\">reco<span class=\"_ _9\"></span>ncil<span class=\"_ _9\"></span>es the n<span class=\"_ _9\"></span>et b<span class=\"_ _9\"></span>oo<span class=\"_ _9\"></span>k value of th<span class=\"_ _9\"></span>e inves<span class=\"_ _9\"></span>tmen<span class=\"_ _9\"></span>t prop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>es to the m<span class=\"_ _9\"></span>arket valu<span class=\"_ _9\"></span>e.<span class=\"_ _335\"> </span></div><div class=\"gs285\"><table class=\"s w188 hd8\" id=\"_bbfdcfd1-8409-453a-a4bc-9a05e86ad12c\"><tr><td></td><td></td><td></td><td></td><td class=\"c n x5bc y336f w1c hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x5bd y336f w1d hbc\"><div class=\"t m0 x239 h15 y3229 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td></td><td></td><td class=\"t m0 x5be h15 y3370 ff2 fsd fc2 sc0 ls1 ws1\">Adjustment </td><td></td><td></td><td></td><td class=\"t m0 x5bf h15 y3370 ff3 fsd fc2 sc0 ls75 ws7a\">Adjustme<span class=\"_ _9\"></span>nt </td><td></td></tr><tr><td></td><td></td><td></td><td class=\"t m0 x242 h15 y3371 ff2 fsd fc2 sc0 ls8c ws17a\">for non<span class=\"_ _2\"></span>-<span class=\"ls1 ws1\"> </span></td><td></td><td></td><td></td><td class=\"t m0 x5c0 h15 y3371 ff3 fsd fc2 sc0 ls41 ws36\">for non-<span class=\"_ _335\"> </span></td><td></td></tr><tr><td></td><td></td><td class=\"t m0 x5c1 h15 y3372 ff2 fsd fc2 sc0 ls1 ws1\">Joint </td><td class=\"t m0 x5c2 h15 y3373 ff2 fsd fc2 sc0 ls41 ws36\">wholly o<span class=\"_ _11\"></span>wned </td><td class=\"t m0 x51d h15 y3373 ff2 fsd fc2 sc0 ls77 ws7d\">Combined </td><td></td><td class=\"t m0 x240 h15 y3373 ff3 fsd fc2 sc0 ls1 ws1\">Joint </td><td class=\"t m0 x5c3 h15 y3373 ff3 fsd fc2 sc0 ls75 ws164\">wholl<span class=\"_ _9\"></span>y owned </td><td class=\"t m0 x78f h15 y3373 ff3 fsd fc2 sc0 lsa6 ws96\">Combined </td></tr><tr><td></td><td class=\"t m0 x5c4 h15 y3374 ff2 fsd fc2 sc0 ls76 ws13e\">Group </td><td class=\"c x791 y3376 w189 hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls3a ws37\">ventur<span class=\"_ _9\"></span>es</div><div class=\"t m0 x790 h48 y3375 ff2 fs39 fc2 sc0 ls1 ws1\">1</div></td><td class=\"t m0 x5be h15 y3377 ff2 fsd fc2 sc0 ls78 ws7e\">subsidiaries<span class=\"_ _335\"> </span></td><td class=\"t m0 x792 h15 y3377 ff2 fsd fc2 sc0 ls74 ws8f\">Por<span class=\"_ _9\"></span>tfo<span class=\"_ _9\"></span>li<span class=\"_ _9\"></span>o<span class=\"_ _335\"> </span></td><td class=\"t m0 x5c7 h15 y3377 ff3 fsd fc2 sc0 ls76 ws13e\">Group </td><td class=\"c x794 y3376 w18a hbc\"><div class=\"t m0 x239 h15 y3229 ff3 fsd fc2 sc0 ls113 ws13f\">ventures</div><div class=\"t m0 x793 h48 y3375 ff3 fs39 fc2 sc0 ls1 ws1\">1</div></td><td class=\"t m0 x5bf h15 y3377 ff3 fsd fc2 sc0 ls76 ws13e\">subsidiaries<span class=\"_ _335\"> </span></td><td class=\"t m0 x795 h15 y3377 ff3 fsd fc2 sc0 ls3f wsbc\">Por<span class=\"_ _a\"></span>tf<span class=\"_ _9\"></span>o<span class=\"_ _9\"></span>li<span class=\"_ _9\"></span>o<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x5c8 h15 y3378 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x343 h15 y3379 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x249 h15 y337a ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24a h15 y337a ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24b h15 y337a ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y3379 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y337a ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y337a ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y337b w18b hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls31 ws45\">Market value<span class=\"_ _335\"> </span></div></td><td class=\"c n x796 y337b w51 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">10,154<span class=\"_ _335\"> </span></div></td><td class=\"c n x797 y337b w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">661<span class=\"_ _335\"> </span></div></td><td class=\"c n x798 y337b wc5 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(20)</div></td><td class=\"c n x799 y337b w51 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">10,795</div></td><td class=\"c n x79a y337b w52 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">10,125<span class=\"_ _335\"> </span></div></td><td class=\"c n x79b y337b w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">636<span class=\"_ _335\"> </span></div></td><td class=\"c n x79c y337b w32 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(33)</div></td><td class=\"c n x79d y337b w187 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">10,728<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y337c w18c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Less:<span class=\"_ _11\"></span> proper<span class=\"_ _9\"></span>ties treated as fina<span class=\"_ _2\"></span>nce leases<span class=\"_ _335\"> </span></div></td><td class=\"c n x79e y337c w2b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(13)<span class=\"_ _335\"> </span></div></td><td class=\"c n x79f y337c w2f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x7a0 y337c w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x7a1 y337c w27 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(13)<span class=\"_ _335\"> </span></div></td><td class=\"c n x3cc y337c w32 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(12)<span class=\"_ _335\"> </span></div></td><td class=\"c n x7a2 y337c w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x7a3 y337c w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x7a4 y337c w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(12)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y337d w18d hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls65 ws90\">Plus<span class=\"_ _11\"></span>: head le<span class=\"_ _9\"></span>ases capitalised<span class=\"_ _335\"> </span></div></td><td class=\"c n x7a5 y337d w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">135<span class=\"_ _335\"> </span></div></td><td class=\"c n x29d y337d w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x7a6 y337d w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x7a7 y337d w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">136<span class=\"_ _335\"> </span></div></td><td class=\"c n x3c2 y337d w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">158<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e0 y337d w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e1 y337d w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x658 y337d w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">159<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y337e w18e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Less:<span class=\"_ _11\"></span> tenant lease incentiv<span class=\"_ _2\"></span>es<span class=\"_ _335\"> </span></div></td><td class=\"c n x7a8 y337e w26 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(258)<span class=\"_ _335\"> </span></div></td><td class=\"c n x7a9 y337e w2b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(26)<span class=\"_ _335\"> </span></div></td><td class=\"c n x7aa y337e w2f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x7ab y337e w30 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(284)<span class=\"_ _335\"> </span></div></td><td class=\"c n x7ac y337e w29 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(237)<span class=\"_ _335\"> </span></div></td><td class=\"c n x7ad y337e w32 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(29)<span class=\"_ _335\"> </span></div></td><td class=\"c n x7ae y337e w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x7af y337e w29 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(266)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y337f w18f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Net b<span class=\"_ _9\"></span>ook valu<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span></div></td><td class=\"c n x7b0 y337f w51 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">10,018<span class=\"_ _335\"> </span></div></td><td class=\"c n x7b1 y337f w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">636<span class=\"_ _335\"> </span></div></td><td class=\"c n x7b2 y337f w2b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(20)</div></td><td class=\"c n x7b3 y337f w51 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">10,634</div></td><td class=\"c n x7b4 y337f w52 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">10,034<span class=\"_ _335\"> </span></div></td><td class=\"c n x7b5 y337f w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">608<span class=\"_ _335\"> </span></div></td><td class=\"c n x7b6 y337f w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(33)</div></td><td class=\"c n x7b7 y337f w187 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">10,609<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y3228 w190 hd9\"><div class=\"t m0 x239 h9 y3380 ff2 fs6 fc2 sc0 ls7e ws85\">Net surplus on re<span class=\"_ _2\"></span>valuat<span class=\"_ _2\"></span>ion of<span class=\"_ _335\"> </span></div><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls37 ws34\">inv<span class=\"_ _2\"></span>estment pro<span class=\"_ _9\"></span>per<span class=\"_ _9\"></span>ties<span class=\"_ _335\"> </span></div></td><td class=\"c n x696 y3381 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">96<span class=\"_ _335\"> </span></div></td><td class=\"c n x7b8 y3381 w2d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">27<span class=\"_ _335\"> </span></div></td><td class=\"c n x7b9 y3381 wc4 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n x7ba y3381 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">122<span class=\"_ _335\"> </span></div></td><td class=\"c n x7bb y3381 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">91<span class=\"_ _335\"> </span></div></td><td class=\"c n x7bc y3381 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">13<span class=\"_ _335\"> </span></div></td><td class=\"c n x7bd y3381 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x7be y3381 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">107<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls5 ws1 gs286\">1. <span class=\"_ _9\"></span>Re<span class=\"_ _9\"></span>fer to n<span class=\"_ _9\"></span>o<span class=\"_ _9\"></span>te 15 for a b<span class=\"_ _9\"></span>re<span class=\"_ _9\"></span>akdow<span class=\"_ _9\"></span>n of th<span class=\"_ _9\"></span>is am<span class=\"_ _9\"></span>oun<span class=\"_ _9\"></span>t by ou<span class=\"_ _9\"></span>r pri<span class=\"_ _9\"></span>nci<span class=\"_ _9\"></span>pal j<span class=\"_ _9\"></span>oi<span class=\"_ _9\"></span>nt arr<span class=\"_ _9\"></span>ang<span class=\"_ _9\"></span>em<span class=\"_ _9\"></span>en<span class=\"_ _9\"></span>ts.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs287\">The net book val<span class=\"_ _2\"></span>ue of leasehold properties where head leases have been ca<span class=\"_ _2\"></span>pitalised is<span class=\"_ _11\"></span> <span class=\"ff2 ls120 ws156\">\u00a31<span class=\"_ _9\"></span>,43<span class=\"_ _9\"></span>8<span class=\"_ _9\"></span>m<span class=\"_ _9\"></span></span><span class=\"ls22 ws1\"> (2025: \u00a3<span class=\"_ _2\"></span>1,<span class=\"_ _11\"></span>7<span class=\"_ _11\"></span>61<span class=\"_ _2\"></span>m<span class=\"_ _11\"></span>)<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs288\">Inv<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>stment proper<span class=\"_ _9\"></span>ties include<span class=\"_ _2\"></span> capital<span class=\"_ _2\"></span>ised inter<span class=\"_ _2\"></span>est of <span class=\"ff2 ls19 ws9e\">\u00a3<span class=\"_ _9\"></span>358m</span><span class=\"ls22 ws1\"> (2025: \u00a331<span class=\"_ _11\"></span>7m<span class=\"_ _11\"></span>)<span class=\"_ _1\"></span>. T<span class=\"_ _9\"></span>he ave<span class=\"_ _9\"></span>rage ra<span class=\"_ _9\"></span>te of inte<span class=\"_ _9\"></span>res<span class=\"_ _9\"></span>t cap<span class=\"_ _9\"></span>italis<span class=\"_ _9\"></span>atio<span class=\"_ _9\"></span>n for the ye<span class=\"_ _9\"></span>ar is <span class=\"ff2 ls10b ws18b\">4.7<span class=\"_ _9\"></span>%<span class=\"_ _9\"></span></span><span class=\"ls1\"> </span></span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs289\">(2025:<span class=\"_ gsd2\"> </span>4.<span class=\"_ _2\"></span>8<span class=\"_ _2\"></span>%<span class=\"_ _11\"></span>)<span class=\"_ _11\"></span>. The gros<span class=\"_ _9\"></span>s his<span class=\"_ _9\"></span>tori<span class=\"_ _9\"></span>cal cos<span class=\"_ _9\"></span>t of i<span class=\"_ _9\"></span>nves<span class=\"_ _9\"></span>tment p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s is <span class=\"ff2 ls162 ws19f\">\u00a3<span class=\"_ _a\"></span>8<span class=\"_ _a\"></span>,9<span class=\"_ _a\"></span>4<span class=\"_ _9\"></span>1<span class=\"_ _a\"></span>m<span class=\"_ _a\"></span></span><span class=\"ls90 ws9a\"> (<span class=\"_ _a\"></span>2<span class=\"_ _a\"></span>0<span class=\"_ _a\"></span>2<span class=\"_ _a\"></span>5<span class=\"_ _a\"></span>:<span class=\"_ _a\"></span> \u00a3<span class=\"_ _a\"></span>9,1<span class=\"_ _a\"></span>3<span class=\"_ _a\"></span>6<span class=\"_ _a\"></span>m<span class=\"_ _9\"></span>).</span><span class=\"ls90 ws9a\"><span class=\"_ _a\"></span> </span></div>V<span class=\"_ _11\"></span>ALU<span class=\"_ _2\"></span>A<span class=\"_ _11\"></span>TION P<span class=\"_ _2\"></span>ROCESS<span class=\"_ _335\"> </span>The fair val<span class=\"_ _9\"></span>ue of inves<span class=\"_ _9\"></span>tm<span class=\"_ _9\"></span>ent pro<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>ties a<span class=\"_ _9\"></span>t 31 March 2026 was determi<span class=\"_ _9\"></span>ned by th<span class=\"_ _9\"></span>e Grou<span class=\"_ _9\"></span>p\u2019<span class=\"_ _11\"></span>s ex<span class=\"_ _9\"></span>ter<span class=\"_ _9\"></span>nal value<span class=\"_ _9\"></span>rs, CBRE an<span class=\"_ _9\"></span>d JLL. The valu<span class=\"_ _9\"></span>atio<span class=\"_ _9\"></span>ns are in<span class=\"_ _335\"> </span>accordance with<span class=\"_ _2\"></span> RICS standards a<span class=\"_ _2\"></span>nd were a<span class=\"_ _2\"></span>rrived at b<span class=\"_ _11\"></span>y reference to mark<span class=\"_ _11\"></span>et evidence of tr<span class=\"_ _2\"></span>ansactions for simi<span class=\"_ _2\"></span>lar properties. T<span class=\"_ _2\"></span>he valuat<span class=\"_ _2\"></span>ions<span class=\"_ _335\"> </span>per<span class=\"_ _9\"></span>formed by t<span class=\"_ _11\"></span>he valuers are re<span class=\"_ _2\"></span>viewed in<span class=\"_ _2\"></span>ternally<span class=\"_ _2\"></span> by Senior<span class=\"_ _2\"></span> Management and<span class=\"_ _2\"></span> other relev<span class=\"_ _11\"></span>ant people within the bus<span class=\"_ _2\"></span>iness.<span class=\"_ _2\"></span> This process incl<span class=\"_ _2\"></span>udes<span class=\"_ _335\"> </span>discu<span class=\"_ _9\"></span>ssio<span class=\"_ _9\"></span>ns of th<span class=\"_ _9\"></span>e assum<span class=\"_ _9\"></span>ptio<span class=\"_ _9\"></span>ns use<span class=\"_ _9\"></span>d by the valu<span class=\"_ _9\"></span>ers, a<span class=\"_ _9\"></span>s well as a rev<span class=\"_ _9\"></span>iew of th<span class=\"_ _9\"></span>e resul<span class=\"_ _9\"></span>ting valu<span class=\"_ _9\"></span>atio<span class=\"_ _9\"></span>ns. Discu<span class=\"_ _9\"></span>ssio<span class=\"_ _9\"></span>ns of th<span class=\"_ _9\"></span>e valuati<span class=\"_ _9\"></span>on pro<span class=\"_ _9\"></span>ce<span class=\"_ _9\"></span>ss and<span class=\"_ _335\"> </span>results are held<span class=\"_ _11\"></span> b<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>ween Senior Management<span class=\"_ _11\"></span>, the Audit Comm<span class=\"_ _2\"></span>ittee and the va<span class=\"_ _2\"></span>luers on a ha<span class=\"_ _2\"></span>lf-<span class=\"_ _11\"></span>yearly basis<span class=\"_ _2\"></span>.<span class=\"_ _335\"> </span>The val<span class=\"_ _2\"></span>uers\u2019 opin<span class=\"_ _2\"></span>ion of f<span class=\"_ _2\"></span>air v<span class=\"_ _2\"></span>alue was<span class=\"_ _11\"></span> primarily derived usi<span class=\"_ _2\"></span>ng comparable<span class=\"_ _2\"></span> recent mark<span class=\"_ _11\"></span>et transactions on arm<span class=\"_ _11\"></span>\u2019<span class=\"_ _2\"></span>s length t<span class=\"_ _2\"></span>erms and<span class=\"_ _2\"></span> using<span class=\"_ _335\"> </span>appropriate<span class=\"_ _2\"></span> valuation<span class=\"_ _11\"></span> techniques. T<span class=\"_ _2\"></span>he fair<span class=\"_ _2\"></span> value<span class=\"_ _2\"></span> of in<span class=\"_ _2\"></span>vestment properties is determined usi<span class=\"_ _2\"></span>ng the i<span class=\"_ _2\"></span>ncome capita<span class=\"_ _2\"></span>lisation a<span class=\"_ _2\"></span>pproach<span class=\"_ _2\"></span>. Under t<span class=\"_ _2\"></span>his<span class=\"_ _335\"> </span>appro<span class=\"_ _9\"></span>ach, fo<span class=\"_ _9\"></span>rec<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>t ne<span class=\"_ _9\"></span>t cash flow<span class=\"_ _9\"></span>s, bas<span class=\"_ _9\"></span>ed up<span class=\"_ _9\"></span>on exi<span class=\"_ _9\"></span>stin<span class=\"_ _9\"></span>g le<span class=\"_ _9\"></span>ase<span class=\"_ _9\"></span>s and curr<span class=\"_ _9\"></span>ent mar<span class=\"_ _9\"></span>ket deri<span class=\"_ _9\"></span>ved e<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>timate<span class=\"_ _9\"></span>d rental va<span class=\"_ _9\"></span>lues (market rent<span class=\"_ _9\"></span>s<span class=\"_ _11\"></span>) to<span class=\"_ _9\"></span>geth<span class=\"_ _9\"></span>er w<span class=\"_ _9\"></span>ith<span class=\"_ _335\"> </span>es<span class=\"_ _9\"></span>tima<span class=\"_ _9\"></span>ted co<span class=\"_ _9\"></span>st<span class=\"_ _9\"></span>s, are dis<span class=\"_ _9\"></span>coun<span class=\"_ _9\"></span>ted at m<span class=\"_ _9\"></span>arket de<span class=\"_ _9\"></span>rive<span class=\"_ _9\"></span>d capi<span class=\"_ _9\"></span>talisa<span class=\"_ _9\"></span>tion ra<span class=\"_ _9\"></span>tes to pro<span class=\"_ _9\"></span>duc<span class=\"_ _9\"></span>e the valu<span class=\"_ _9\"></span>ers\u2019 op<span class=\"_ _9\"></span>inion o<span class=\"_ _9\"></span>f fair value. The ave<span class=\"_ _9\"></span>rage d<span class=\"_ _9\"></span>isco<span class=\"_ _9\"></span>unt rate,<span class=\"_ _335\"> </span>whic<span class=\"_ _9\"></span>h, if applie<span class=\"_ _9\"></span>d to all cas<span class=\"_ _9\"></span>h flows wou<span class=\"_ _9\"></span>ld pro<span class=\"_ _9\"></span>duc<span class=\"_ _9\"></span>e the fair valu<span class=\"_ _9\"></span>e, is desc<span class=\"_ _9\"></span>ribe<span class=\"_ _9\"></span>d as th<span class=\"_ _9\"></span>e equi<span class=\"_ _9\"></span>valent y<span class=\"_ _9\"></span>iel<span class=\"_ _9\"></span>d.<span class=\"_ _335\"> </span>Properties in the de<span class=\"_ _2\"></span>velopment progr<span class=\"_ _2\"></span>amme are<span class=\"_ _2\"></span> typically valued<span class=\"_ _2\"></span> using a<span class=\"_ _2\"></span> residual v<span class=\"_ _2\"></span>aluation method<span class=\"_ _11\"></span>. Under this<span class=\"_ _11\"></span> m<span class=\"_ _9\"></span>ethodology<span class=\"_ _11\"></span>, the va<span class=\"_ _2\"></span>luer assesses<span class=\"_ _335\"> </span>the completed de<span class=\"_ _2\"></span>velopment v<span class=\"_ _2\"></span>alue usi<span class=\"_ _2\"></span>ng income a<span class=\"_ _2\"></span>nd yield assumpt<span class=\"_ _2\"></span>ions.<span class=\"_ _11\"></span> D<span class=\"_ _9\"></span>educ<span class=\"_ _9\"></span>tions ar<span class=\"_ _2\"></span>e then made<span class=\"_ _2\"></span> for estimated costs to complete<span class=\"_ _11\"></span>, including<span class=\"_ _335\"> </span>finance a<span class=\"_ _2\"></span>nd dev<span class=\"_ _2\"></span>eloper\u2019<span class=\"_ _11\"></span>s profit, t<span class=\"_ _11\"></span>o arrive at the<span class=\"_ _2\"></span> valuati<span class=\"_ _2\"></span>on.<span class=\"_ _2\"></span> Costs include future<span class=\"_ _2\"></span> estimated costs associated with refurbishment<span class=\"_ _11\"></span> or development<span class=\"_ _335\"> </span>(<span class=\"_ _11\"></span>excluding<span class=\"_ _11\"></span> finance costs<span class=\"_ _2\"></span>)<span class=\"_ _1\"></span>, together with an estimate of<span class=\"_ _11\"></span> cash incentives t<span class=\"_ _2\"></span>o be paid t<span class=\"_ _2\"></span>o tenan<span class=\"_ _2\"></span>ts. As the<span class=\"_ _11\"></span> development approaches completion<span class=\"_ _2\"></span>, the<span class=\"_ _335\"> </span>valuer<span class=\"_ _2\"></span> may consider the<span class=\"_ _11\"></span> income capitalisation<span class=\"_ _11\"></span> approach to be more appr<span class=\"_ _2\"></span>opriate<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>The Gr<span class=\"_ _9\"></span>oup con<span class=\"_ _9\"></span>side<span class=\"_ _9\"></span>rs all o<span class=\"_ _9\"></span>f it<span class=\"_ _9\"></span>s inves<span class=\"_ _9\"></span>tment p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>es to fall w<span class=\"_ _9\"></span>ithin \u2018Leve<span class=\"_ _9\"></span>l 3\u2019<span class=\"_ _1\"></span>, as define<span class=\"_ _9\"></span>d by IFRS 13 and as exp<span class=\"_ _9\"></span>laine<span class=\"_ _9\"></span>d in no<span class=\"_ _9\"></span>te 25<span class=\"_ _2\"></span>(iii)<span class=\"_ _11\"></span>. Accordi<span class=\"_ _9\"></span>ngly<span class=\"_ _11\"></span>,<span class=\"_ _335\"> </span>there h<span class=\"_ _9\"></span>ave b<span class=\"_ _9\"></span>een n<span class=\"_ _9\"></span>o trans<span class=\"_ _9\"></span>fer<span class=\"_ _9\"></span>s of pro<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s withi<span class=\"_ _9\"></span>n the fair valu<span class=\"_ _9\"></span>e hierar<span class=\"_ _9\"></span>chy in the financ<span class=\"_ _9\"></span>ial year<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>The tabl<span class=\"_ _9\"></span>e bel<span class=\"_ _9\"></span>ow summa<span class=\"_ _9\"></span>rise<span class=\"_ _9\"></span>s the key unobs<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>vab<span class=\"_ _9\"></span>le inp<span class=\"_ _9\"></span>uts u<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>d in the valua<span class=\"_ _9\"></span>tion o<span class=\"_ _9\"></span>f the Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s w<span class=\"_ _9\"></span>holl<span class=\"_ _9\"></span>y owne<span class=\"_ _9\"></span>d inves<span class=\"_ _9\"></span>tme<span class=\"_ _9\"></span>nt pro<span class=\"_ _9\"></span>per<span class=\"_ _a\"></span>ties, and<span class=\"_ _335\"> </span>prop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>es ow<span class=\"_ _9\"></span>ned by th<span class=\"_ _9\"></span>e Group b<span class=\"_ _9\"></span>ut w<span class=\"_ _9\"></span>here a th<span class=\"_ _9\"></span>ird par<span class=\"_ _a\"></span>ty ho<span class=\"_ _9\"></span>lds a n<span class=\"_ _9\"></span>on-co<span class=\"_ _9\"></span>ntrolli<span class=\"_ _9\"></span>ng inter<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>t, at 31 March 2026<span class=\"_ _11\"></span>:<span class=\"_ _335\"> </span><table class=\"s w191 hda\" id=\"_ef5d2415-93d1-4518-8b2b-60dd4d3671b1\"><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m0 x247 h15 y3382 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x7bf h15 y3383 ff2 fsd fc2 sc0 ls8a ws8d\">Ma<span class=\"_ _9\"></span>rke<span class=\"_ _9\"></span>t </td><td></td><td></td><td class=\"t m0 x7c0 h15 y3384 ff2 fsd fc2 sc0 ls76 ws7b\">Estimated rental value<span class=\"_ _335\"> </span></td><td></td><td></td><td class=\"t m0 x5c7 h15 y3384 ff2 fsd fc2 sc0 ls1 ws8e\">Equivalent<span class=\"_ _2\"></span> yield<span class=\"_ _335\"> </span></td><td></td><td></td><td class=\"t m0 x7c1 h15 y3384 ff2 fsd fc2 sc0 ls1 ws1\">Costs<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x7c2 h15 y3385 ff2 fsd fc2 sc0 ls3a ws37\">valu<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span></td><td></td><td></td><td class=\"t m0 x7c3 h15 y3386 ff2 fsd fc2 sc0 ls74 ws1\">\u00a3 pe<span class=\"_ _9\"></span>r sq f<span class=\"_ _9\"></span>t<span class=\"_ _335\"> </span></td><td></td><td></td><td class=\"t m0 x7c4 h15 y3386 ff2 fsd fc2 sc0 ls1 ws1\">%<span class=\"_ _335\"> </span></td><td></td><td></td><td class=\"t m0 x78f h15 y3386 ff2 fsd fc2 sc0 ls74 ws1\">\u00a3 pe<span class=\"_ _9\"></span>r sq f<span class=\"_ _9\"></span>t<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x7c5 h15 y3387 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"c n x7c6 y3388 w192 hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls8d ws95\">Low</div></td><td class=\"c n x7c7 y3388 w193 hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls41 ws7c\">A<span class=\"_ _11\"></span>verage<span class=\"_ _335\"> </span></div></td><td class=\"c n x7c8 y3388 w194 hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls78 ws7e\">High<span class=\"_ _335\"> </span></div></td><td class=\"c n x7c9 y3388 w195 hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls8d ws95\">Low</div></td><td class=\"c n x7ca y3388 w196 hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls41 ws7c\">A<span class=\"_ _11\"></span>verage<span class=\"_ _335\"> </span></div></td><td class=\"c n x7cb y3388 w197 hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls78 ws7e\">High<span class=\"_ _335\"> </span></div></td><td class=\"c n x7cc y3388 w133 hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls8d ws95\">L<span class=\"_ _9\"></span>ow</div></td><td class=\"c x7ce y3388 w198 hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls41 ws7c\">Average</div><div class=\"t m0 x7cd h48 y3389 ff2 fs39 fc2 sc0 ls1 ws1\">1</div></td><td class=\"t m0 x247 h15 y338a ff2 fsd fc2 sc0 ls78 ws7e\">High<span class=\"_ _335\"> </span></td></tr><tr><td class=\"t m0 x297 h9 y338b ff2 fs6 fc2 sc0 ls8e ws97\">Offic<span class=\"_ _9\"></span>e-le<span class=\"_ _9\"></span>d<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x2a6 y338c w199 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">West End offic<span class=\"_ _9\"></span>es<span class=\"_ _335\"> </span></div></td><td class=\"c n x7cf y338c w19a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">2,552<span class=\"_ _335\"> </span></div></td><td class=\"c n x7d0 y338c w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td><td class=\"c n x7d1 y338c w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">101<span class=\"_ _335\"> </span></div></td><td class=\"c n x7d2 y338c w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">162</div></td><td class=\"c n x7d3 y338c w108 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">4.5%</div></td><td class=\"c n x7d4 y338c w19b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">5.6%</div></td><td class=\"c n x7d5 y338c w108 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">6.6%<span class=\"_ _335\"> </span></div></td><td class=\"c n x7d6 y338c w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x7d7 y338c w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">27<span class=\"_ _335\"> </span></div></td><td class=\"c n x7d8 y338c w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">125<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x2a6 y338d w19c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls37 ws34\">Cit<span class=\"_ _9\"></span>y and Sou<span class=\"_ _9\"></span>thwark offices<span class=\"_ _335\"> </span></div></td><td class=\"c n x7d9 y338d w19a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,481<span class=\"_ _335\"> </span></div></td><td class=\"c n x7da y338d w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">83<span class=\"_ _335\"> </span></div></td><td class=\"c n x7db y338d w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">93<span class=\"_ _335\"> </span></div></td><td class=\"c n x7dc y338d w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">111</div></td><td class=\"c n x7dd y338d w19b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">6.0%</div></td><td class=\"c n x7de y338d w108 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">6.2%</div></td><td class=\"c n x7df y338d w108 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">8.0%<span class=\"_ _335\"> </span></div></td><td class=\"c n x7e0 y338d w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">33<span class=\"_ _335\"> </span></div></td><td class=\"c n x7e1 y338d w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">52<span class=\"_ _335\"> </span></div></td><td class=\"c n x7e2 y338d w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">245<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x2a6 y338e w19d hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Manchester offices<span class=\"_ _335\"> </span></div></td><td class=\"c n x7e3 y338e w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">264<span class=\"_ _335\"> </span></div></td><td class=\"c n x7e4 y338e w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">23<span class=\"_ _335\"> </span></div></td><td class=\"c n x7e5 y338e w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">33<span class=\"_ _335\"> </span></div></td><td class=\"c n x7e6 y338e w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">39</div></td><td class=\"c n x7e7 y338e w108 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">8.0%</div></td><td class=\"c n x7e8 y338e w108 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">8.6%</div></td><td class=\"c n x7e9 y338e wb1 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">10.1%<span class=\"_ _335\"> </span></div></td><td class=\"c n x7ea y338e w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x7eb y338e w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td><td class=\"c n x7ec y338e w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">89<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x2a6 y338f w19e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Retail and o<span class=\"_ _9\"></span>ther<span class=\"_ _335\"> </span></div></td><td class=\"c n x7ed y338f w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">992<span class=\"_ _335\"> </span></div></td><td class=\"c n x7ee y338f w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">17<span class=\"_ _335\"> </span></div></td><td class=\"c n x7ef y338f w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">72<span class=\"_ _335\"> </span></div></td><td class=\"c n x7f0 y338f w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">110</div></td><td class=\"c n x7f1 y338f w108 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">4.5%</div></td><td class=\"c n x7f2 y338f w19b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">5.8%</div></td><td class=\"c n x7f3 y338f wb1 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">18.0%<span class=\"_ _335\"> </span></div></td><td class=\"c n x7f4 y338f w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x7f5 y338f w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td><td class=\"c n x7f6 y338f w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">99<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3390 w19f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls7e ws85\">T<span class=\"_ _11\"></span>otal Office-led<span class=\"_ _335\"> </span></div></td><td class=\"c n x7f7 y3390 w19a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">5,289<span class=\"_ _335\"> </span></div></td><td class=\"c n x7f8 y3390 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">17<span class=\"_ _335\"> </span></div></td><td class=\"c n x7f9 y3390 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">90<span class=\"_ _335\"> </span></div></td><td class=\"c n x7fa y3390 w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">162</div></td><td class=\"c n x7fb y3390 w108 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">4.5%</div></td><td class=\"c n x7fc y3390 w108 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">5.8%</div></td><td class=\"c n x7fd y3390 wb1 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">18.0%<span class=\"_ _335\"> </span></div></td><td class=\"c n x7fe y3390 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x7ff y3390 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">29<span class=\"_ _335\"> </span></div></td><td class=\"c n x800 y3390 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">245<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x297 h9 y3391 ff2 fs6 fc2 sc0 ls1f ws1d\">Retail<span class=\"_ _2\"></span>-led<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x2a6 y3392 w1a0 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Shopping cent<span class=\"_ _2\"></span>res<span class=\"_ _335\"> </span></div></td><td class=\"c n x801 y3392 w19a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">2,135<span class=\"_ _335\"> </span></div></td><td class=\"c n x802 y3392 w25 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td><td class=\"c n x803 y3392 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">19<span class=\"_ _335\"> </span></div></td><td class=\"c n x804 y3392 w2d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">39</div></td><td class=\"c n x805 y3392 w108 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">6.4%</div></td><td class=\"c n x806 y3392 w108 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">7.7%</div></td><td class=\"c n x807 y3392 w108 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">9.6%<span class=\"_ _335\"> </span></div></td><td class=\"c n x808 y3392 w37 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x809 y3392 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n x80a y3392 w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">35<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x2a6 y3393 w1a1 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls7f ws29\">Outlets<span class=\"_ _335\"> </span></div></td><td class=\"c n x80b y3393 w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">662<span class=\"_ _335\"> </span></div></td><td class=\"c n x80c y3393 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">50<span class=\"_ _335\"> </span></div></td><td class=\"c n x80d y3393 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">55<span class=\"_ _335\"> </span></div></td><td class=\"c n x80e y3393 w2d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">57</div></td><td class=\"c n x80f y3393 w108 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">5.5%</div></td><td class=\"c n x810 y3393 w108 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">6.8%</div></td><td class=\"c n x811 y3393 w108 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">8.0%<span class=\"_ _335\"> </span></div></td><td class=\"c n x812 y3393 w37 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x813 y3393 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">15<span class=\"_ _335\"> </span></div></td><td class=\"c n x814 y3393 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">17<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3394 w1a2 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1b ws86\">T<span class=\"_ _11\"></span>ota<span class=\"_ _9\"></span>l Reta<span class=\"_ _9\"></span>il-l<span class=\"_ _9\"></span>ed<span class=\"_ _335\"> </span></div></td><td class=\"c n x815 y3394 w19a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">2,797<span class=\"_ _335\"> </span></div></td><td class=\"c n x816 y3394 w25 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td><td class=\"c n x817 y3394 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">27<span class=\"_ _335\"> </span></div></td><td class=\"c n x818 y3394 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">57</div></td><td class=\"c n x819 y3394 w108 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">5.5%</div></td><td class=\"c n x81a y3394 w108 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">7.5%</div></td><td class=\"c n x81b y3394 w108 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">9.6%<span class=\"_ _335\"> </span></div></td><td class=\"c n x81c y3394 w37 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x81d y3394 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n x81e y3394 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">35<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x297 h9 y3395 ff2 fs6 fc2 sc0 ls8f ws98\">Resi<span class=\"_ _2\"></span>denti<span class=\"_ _2\"></span>al-<span class=\"_ _2\"></span>led<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x2a6 y3396 w1a3 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws48\">Developments<span class=\"_ _335\"> </span></div></td><td class=\"c n x81f y3396 w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">205<span class=\"_ _335\"> </span></div></td><td class=\"c n x820 y3396 w25 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n x821 y3396 w2d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td><td class=\"c n x822 y3396 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">61</div></td><td class=\"c n x823 y3396 w108 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">5.3%</div></td><td class=\"c n x824 y3396 w108 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">8.3%</div></td><td class=\"c n x825 y3396 wb1 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">13.9%<span class=\"_ _335\"> </span></div></td><td class=\"c n x826 y3396 w37 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x827 y3396 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n x828 y3396 w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">74<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3397 w1a4 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls7e ws85\">T<span class=\"_ _11\"></span>otal R<span class=\"_ _11\"></span>esid<span class=\"_ _9\"></span>ential-<span class=\"_ _11\"></span>l<span class=\"_ _9\"></span>ed<span class=\"_ _335\"> </span></div></td><td class=\"c n x829 y3397 w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">205<span class=\"_ _335\"> </span></div></td><td class=\"c n x82a y3397 w25 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n x82b y3397 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td><td class=\"c n x82c y3397 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">61</div></td><td class=\"c n x82d y3397 w108 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">5.3%</div></td><td class=\"c n x82e y3397 w108 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">8.3%</div></td><td class=\"c n x82f y3397 wb1 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">13.9%<span class=\"_ _335\"> </span></div></td><td class=\"c n x830 y3397 w37 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x831 y3397 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n x277 y3397 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">74<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x297 h9 y3398 ff2 fs6 fc2 sc0 ls8f ws42\">Other assets </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x2a6 y3399 w1a5 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls37 ws34\">Retail and leisure park<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n x832 y3399 w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">511<span class=\"_ _335\"> </span></div></td><td class=\"c n x833 y3399 w2d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td><td class=\"c n x834 y3399 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td><td class=\"c n x835 y3399 w2d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">20</div></td><td class=\"c n x836 y3399 w108 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">6.0%</div></td><td class=\"c n x837 y3399 w19b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">8.2%</div></td><td class=\"c n x838 y3399 w108 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">9.6%<span class=\"_ _335\"> </span></div></td><td class=\"c n x839 y3399 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x83a y3399 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x83b y3399 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">9<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y339a w1a6 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">T<span class=\"_ _11\"></span>otal Oth<span class=\"_ _9\"></span>er ass<span class=\"_ _9\"></span>ets<span class=\"_ _335\"> </span></div></td><td class=\"c n x83c y339a w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">511<span class=\"_ _335\"> </span></div></td><td class=\"c n x83d y339a w2d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td><td class=\"c n x83e y339a w2d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td><td class=\"c n x83f y339a w2d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">20</div></td><td class=\"c n x840 y339a w19b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">6.0%</div></td><td class=\"c n x841 y339a w108 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">8.2%</div></td><td class=\"c n x842 y339a w108 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">9.6%<span class=\"_ _335\"> </span></div></td><td class=\"c n x843 y339a w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x844 y339a w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x845 y339a w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">9<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x846 h9 y339b ff3 fs6 fc2 sc0 ls29 ws28\">Developments<span class=\"_ _11\"></span>: income capital<span class=\"_ _2\"></span>isation </td><td class=\"c n x847 y339c w19a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,023<span class=\"_ _335\"> </span></div></td><td class=\"c n x848 y339c w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">52<span class=\"_ _335\"> </span></div></td><td class=\"c n x849 y339c w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">105<span class=\"_ _335\"> </span></div></td><td class=\"c n x84a y339c w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">155</div></td><td class=\"c n x84b y339c w108 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">5.7%</div></td><td class=\"c n x84c y339c w108 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">5.9%</div></td><td class=\"c n x84d y339c w19b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">7.4%<span class=\"_ _335\"> </span></div></td><td class=\"c n x84e y339c w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x84f y339c w37 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x850 y339c w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x846 h9 y339d ff3 fs6 fc2 sc0 ls19 ws9e\">meth<span class=\"_ _9\"></span>od<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x2a6 y339e w1a7 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Developments<span class=\"_ _11\"></span>: residual method<span class=\"_ _335\"> </span></div></td><td class=\"c n x851 y339e w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">329<span class=\"_ _335\"> </span></div></td><td class=\"c n x852 y339e w2d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">83<span class=\"_ _335\"> </span></div></td><td class=\"c n x853 y339e w2d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">83<span class=\"_ _335\"> </span></div></td><td class=\"c n x854 y339e w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">120</div></td><td class=\"c n x855 y339e w108 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">5.3%</div></td><td class=\"c n x856 y339e w108 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">4.0%</div></td><td class=\"c n x857 y339e w108 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">5.5%<span class=\"_ _335\"> </span></div></td><td class=\"c n x858 y339e w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x859 y339e w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x85a y339e w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y339f w1a8 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls29 ws28\">Developmen<span class=\"_ _2\"></span>t program<span class=\"_ _2\"></span>me<span class=\"_ _335\"> </span></div></td><td class=\"c n x85b y339f w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,353<span class=\"_ _335\"> </span></div></td><td class=\"c n x85c y339f w2d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">52<span class=\"_ _335\"> </span></div></td><td class=\"c n x85d y339f w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">100<span class=\"_ _335\"> </span></div></td><td class=\"c n x85e y339f w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">155</div></td><td class=\"c n x85f y339f w108 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">5.3%</div></td><td class=\"c n x860 y339f w108 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">5.4%</div></td><td class=\"c n x861 y339f w108 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">7.4%<span class=\"_ _335\"> </span></div></td><td class=\"c n x862 y339f w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x863 y339f w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x864 y339f w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3228 w1a9 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls26 ws1\">Market value at 31 March 202<span class=\"_ _11\"></span>6 \u2013 Gr<span class=\"_ _9\"></span>oup</div></td><td class=\"c n x865 y3228 w51 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">10,154<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr></table>1. <span class=\"_ _9\"></span>Th<span class=\"_ _9\"></span>e ca<span class=\"_ _9\"></span>lcu<span class=\"_ _9\"></span>la<span class=\"_ _9\"></span>tio<span class=\"_ _9\"></span>n for a<span class=\"_ _9\"></span>ve<span class=\"_ _9\"></span>rag<span class=\"_ _9\"></span>e co<span class=\"_ _9\"></span>st<span class=\"_ _9\"></span>s exc<span class=\"_ _9\"></span>lu<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>s tho<span class=\"_ _9\"></span>se pr<span class=\"_ _9\"></span>op<span class=\"_ _9\"></span>er<span class=\"_ _a\"></span>ties w<span class=\"_ _9\"></span>hic<span class=\"_ _9\"></span>h are a<span class=\"_ _9\"></span>ss<span class=\"_ _9\"></span>ume<span class=\"_ _9\"></span>d by th<span class=\"_ _9\"></span>e Gr<span class=\"_ _9\"></span>oup\u2019s ex<span class=\"_ _9\"></span>ter<span class=\"_ _9\"></span>nal va<span class=\"_ _9\"></span>lue<span class=\"_ _9\"></span>r to b<span class=\"_ _9\"></span>e sub<span class=\"_ _9\"></span>st<span class=\"_ _9\"></span>anti<span class=\"_ _9\"></span>all<span class=\"_ _9\"></span>y ref<span class=\"_ _9\"></span>urb<span class=\"_ _9\"></span>is<span class=\"_ _9\"></span>he<span class=\"_ _9\"></span>d or re<span class=\"_ _9\"></span>d<span class=\"_ _9\"></span>evel<span class=\"_ _9\"></span>op<span class=\"_ _9\"></span>ed, b<span class=\"_ _9\"></span>ut w<span class=\"_ _9\"></span>hic<span class=\"_ _9\"></span>h do<span class=\"_ _335\"> </span>no<span class=\"_ _9\"></span>t yet f<span class=\"_ _9\"></span>orm p<span class=\"_ _9\"></span>ar<span class=\"_ _a\"></span>t of the d<span class=\"_ _9\"></span>evel<span class=\"_ _9\"></span>op<span class=\"_ _9\"></span>me<span class=\"_ _9\"></span>nt pr<span class=\"_ _9\"></span>og<span class=\"_ _9\"></span>ram<span class=\"_ _9\"></span>me.<span class=\"_ _335\"> </span><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs291\">The sensitivities belo<span class=\"_ _2\"></span>w illustrat<span class=\"_ _2\"></span>e the i<span class=\"_ _2\"></span>mpac<span class=\"_ _9\"></span>t of changes<span class=\"_ _2\"></span> in k<span class=\"_ _11\"></span>ey unobser<span class=\"_ _9\"></span>vable i<span class=\"_ _2\"></span>nputs (in isolat<span class=\"_ _2\"></span>ion<span class=\"_ _11\"></span>) on the<span class=\"_ _2\"></span> fair v<span class=\"_ _11\"></span>alue of the Group<span class=\"_ _11\"></span>\u2019<span class=\"_ _11\"></span>s proper<span class=\"_ _9\"></span>ties:<span class=\"_ _335\"> </span></div><div class=\"t m0 h11 ff1 fs9 fc2 sc0 ls10e wse7 gs292\">SENSITIVITIES<span class=\"_ _335\"> </span></div><div class=\"gs293\"><table class=\"s w1aa hdb\" id=\"_4b98580a-b466-4362-9e30-331bbb6dd4e9\"><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m0 x247 h15 y33a0 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td></tr><tr><td></td><td></td><td></td><td class=\"t m0 x792 h15 y33a1 ff2 fsd fc2 sc0 ls8c ws17a\">Impact on v<span class=\"_ _11\"></span>aluations<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td class=\"t m0 x866 h15 y33a2 ff2 fsd fc2 sc0 ls41 ws36\">of 5<span class=\"_ _11\"></span>% change <span class=\"ls1 ws1\"> </span></td><td></td><td class=\"t m0 x867 h15 y33a2 ff2 fsd fc2 sc0 ls8c ws17a\">Impact on v<span class=\"_ _11\"></span>aluations </td><td></td><td class=\"t m0 x2a2 h15 y33a2 ff2 fsd fc2 sc0 ls8c ws17a\">Impact on v<span class=\"_ _11\"></span>aluations<span class=\"_ _335\"> </span></td></tr><tr><td></td><td></td><td></td><td class=\"t m0 x868 h15 y33a3 ff2 fsd fc2 sc0 ls76 ws7b\">in estimated <span class=\"ls1 ws1\"> </span></td><td></td><td class=\"t m0 x869 h15 y33a3 ff2 fsd fc2 sc0 ls74 ws1\">of 25 bp<span class=\"_ _9\"></span>s cha<span class=\"_ _9\"></span>ng<span class=\"_ _9\"></span>e<span class=\"ls1\"> </span></td><td></td><td class=\"t m0 x86a h15 y33a3 ff2 fsd fc2 sc0 ls41 ws36\">of 5<span class=\"_ _11\"></span>% change<span class=\"ls1 ws1\"> </span></td></tr><tr><td></td><td class=\"t m0 x86b h15 y33a4 ff2 fsd fc2 sc0 ls8a ws8d\">Ma<span class=\"_ _9\"></span>rke<span class=\"_ _9\"></span>t </td><td></td><td class=\"t m0 x86c h15 y33a5 ff2 fsd fc2 sc0 ls76 ws7b\">rental value<span class=\"_ _335\"> </span></td><td></td><td class=\"t m0 x86d h15 y33a5 ff2 fsd fc2 sc0 ls1 ws8e\">in equivalent<span class=\"_ _2\"></span> yield<span class=\"_ _335\"> </span></td><td></td><td class=\"t m0 x86e h15 y33a5 ff2 fsd fc2 sc0 ls74 ws1\">in cos<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x86f h15 y33a6 ff2 fsd fc2 sc0 ls3a ws37\">valu<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span></td><td class=\"t m0 x792 h15 y33a6 ff2 fsd fc2 sc0 ls1 ws1\">Increase<span class=\"_ _335\"> </span></td><td class=\"t m0 x870 h15 y33a6 ff2 fsd fc2 sc0 ls1 ws1\">Decrease<span class=\"_ _335\"> </span></td><td class=\"t m0 x871 h15 y33a6 ff2 fsd fc2 sc0 ls1 ws1\">Decrease<span class=\"_ _335\"> </span></td><td class=\"t m0 x872 h15 y33a6 ff2 fsd fc2 sc0 ls1 ws1\">Increase<span class=\"_ _335\"> </span></td><td class=\"t m0 x873 h15 y33a6 ff2 fsd fc2 sc0 ls1 ws1\">Decrease<span class=\"_ _335\"> </span></td><td class=\"t m0 x795 h15 y33a6 ff2 fsd fc2 sc0 ls1 ws1\">Increase<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x874 h15 y33a7 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x875 h15 y33a7 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x55f h15 y33a7 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x51f h15 y33a7 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x5c3 h15 y33a7 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x876 h15 y33a7 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y33a7 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y33a8 w1ab hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws61\">T<span class=\"_ _11\"></span>ota<span class=\"_ _2\"></span>l Offic<span class=\"_ _2\"></span>e-l<span class=\"_ _2\"></span>ed<span class=\"_ _335\"> </span></div></td><td class=\"c n x877 y33a8 w19a hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">5,289<span class=\"_ _335\"> </span></div></td><td class=\"c n x878 y33a8 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">222</div></td><td class=\"c n x879 y33a8 w28 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(220)</div></td><td class=\"c n x87a y33a8 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">268</div></td><td class=\"c n x87b y33a8 w30 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(248)<span class=\"_ _335\"> </span></div></td><td class=\"c n x87c y33a8 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">16<span class=\"_ _335\"> </span></div></td><td class=\"c n x87d y33a8 w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(16)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y33a9 w1ac hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws61\">T<span class=\"_ _11\"></span>ota<span class=\"_ _2\"></span>l R<span class=\"_ _11\"></span>etail<span class=\"_ _11\"></span>-led<span class=\"_ _335\"> </span></div></td><td class=\"c n x87e y33a9 w19a hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">2,797<span class=\"_ _335\"> </span></div></td><td class=\"c n x87f y33a9 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">114</div></td><td class=\"c n x880 y33a9 w28 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(110)</div></td><td class=\"c n x881 y33a9 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">100<span class=\"_ _335\"> </span></div></td><td class=\"c n x882 y33a9 w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(95)<span class=\"_ _335\"> </span></div></td><td class=\"c n x883 y33a9 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x884 y33a9 w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(3)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y33aa w1ad hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">T<span class=\"_ _11\"></span>otal R<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>sidential<span class=\"_ _11\"></span>-led<span class=\"_ _335\"> </span></div></td><td class=\"c n x885 y33aa w20 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">205<span class=\"_ _335\"> </span></div></td><td class=\"c n x886 y33aa w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n x887 y33aa w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(6)<span class=\"_ _335\"> </span></div></td><td class=\"c n x888 y33aa w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n x889 y33aa w8d hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(7)<span class=\"_ _335\"> </span></div></td><td class=\"c n x88a y33aa w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x88b y33aa w37 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y33ab w1ae hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">T<span class=\"_ _11\"></span>otal O<span class=\"_ _9\"></span>th<span class=\"_ _9\"></span>er as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ts<span class=\"_ _335\"> </span></div></td><td class=\"c n x88c y33ab w20 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">511<span class=\"_ _335\"> </span></div></td><td class=\"c n x88d y33ab w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">15<span class=\"_ _335\"> </span></div></td><td class=\"c n x88e y33ab w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(14)<span class=\"_ _335\"> </span></div></td><td class=\"c n x88f y33ab w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">16<span class=\"_ _335\"> </span></div></td><td class=\"c n x890 y33ab w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(15)<span class=\"_ _335\"> </span></div></td><td class=\"c n x891 y33ab w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x892 y33ab w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y33ac w1af hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Developments<span class=\"_ _11\"></span>: income capital<span class=\"_ _2\"></span>isation method<span class=\"_ _335\"> </span></div></td><td class=\"c n x893 y33ac w19a hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,023<span class=\"_ _335\"> </span></div></td><td class=\"c n x894 y33ac w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">55<span class=\"_ _335\"> </span></div></td><td class=\"c n x895 y33ac w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(46)<span class=\"_ _335\"> </span></div></td><td class=\"c n x896 y33ac w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">60<span class=\"_ _335\"> </span></div></td><td class=\"c n x897 y33ac w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(48)<span class=\"_ _335\"> </span></div></td><td class=\"c n x898 y33ac w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n x4dd y33ac w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(3)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y33ad w1a7 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Developments<span class=\"_ _11\"></span>: residual method<span class=\"_ _335\"> </span></div></td><td class=\"c n x899 y33ad w20 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">329<span class=\"_ _335\"> </span></div></td><td class=\"c n x89a y33ad w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">62<span class=\"_ _335\"> </span></div></td><td class=\"c n x89b y33ad w27 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(62)<span class=\"_ _335\"> </span></div></td><td class=\"c n x89c y33ad w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">67<span class=\"_ _335\"> </span></div></td><td class=\"c n x89d y33ad w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(61)<span class=\"_ _335\"> </span></div></td><td class=\"c n x89e y33ad w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">58<span class=\"_ _335\"> </span></div></td><td class=\"c n x89f y33ad w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(48)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w1b0 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Market value at 31 March 202<span class=\"_ _11\"></span>6 \u2013 Gr<span class=\"_ _9\"></span>oup<span class=\"_ _335\"> </span></div></td><td class=\"c n x8a0 y32cd w51 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">10,154<span class=\"_ _335\"> </span></div></td><td class=\"c n x8a1 y32cd w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">475</div></td><td class=\"c n x8a2 y32cd w30 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(458)</div></td><td class=\"c n x8a3 y32cd w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">518</div></td><td class=\"c n x8a4 y32cd w30 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(474)<span class=\"_ _335\"> </span></div></td><td class=\"c n x8a5 y32cd w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">84<span class=\"_ _335\"> </span></div></td><td class=\"c n x8a6 y32cd w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(70)<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls1f ws28 gs294\">The ta<span class=\"_ _2\"></span>ble below su<span class=\"_ _2\"></span>mmarises the<span class=\"_ _2\"></span> ke<span class=\"_ _2\"></span>y unobservable inputs used i<span class=\"_ _2\"></span>n the v<span class=\"_ _11\"></span>aluation of the Grou<span class=\"_ _2\"></span>p\u2019<span class=\"_ _1\"></span>s wholly owned inv<span class=\"_ _2\"></span>estment proper<span class=\"_ _9\"></span>ties, and<span class=\"_ _11\"></span> proper<span class=\"_ _9\"></span>ties<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls26 ws1 gs295\">owne<span class=\"_ _9\"></span>d by the Gr<span class=\"_ _9\"></span>oup bu<span class=\"_ _9\"></span>t whe<span class=\"_ _9\"></span>re a third p<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y ho<span class=\"_ _9\"></span>lds a n<span class=\"_ _9\"></span>on-co<span class=\"_ _9\"></span>ntrolli<span class=\"_ _9\"></span>ng intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t, at 31 March 2025:<span class=\"_ _335\"> </span></div><div class=\"t m0 h15 ff3 fsd fc2 sc0 ls40 wsbe gs296\">2025</div><div class=\"t m0 h48 ff3 fs39 fc2 sc0 ls1 ws1 gs297\">1<span class=\"_ _335\"> </span></div><div class=\"gs298\"><table class=\"s w1b1 hdc\" id=\"_797b6742-fa94-41c2-9399-e02bdfa74eb2\"><tr><td></td><td class=\"t m0 x8a7 h15 y33ae ff3 fsd fc2 sc0 ls1 ws1\">Market </td><td></td><td></td><td class=\"t m0 x343 h15 y33af ff3 fsd fc2 sc0 ls76 ws7b\">Estim<span class=\"_ _9\"></span>ated rental value<span class=\"_ _335\"> </span></td><td></td><td></td><td class=\"t m0 x8a8 h15 y33af ff3 fsd fc2 sc0 ls41 ws36\">Equiva<span class=\"_ _2\"></span>lent yield<span class=\"_ _335\"> </span></td><td></td><td></td><td class=\"t m0 x7c1 h15 y33af ff3 fsd fc2 sc0 ls8c ws94\">Costs<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x7c2 h15 y33b0 ff3 fsd fc2 sc0 ls154 ws181\">value<span class=\"_ _335\"> </span></td><td></td><td></td><td class=\"t m0 x8a9 h15 y33b1 ff3 fsd fc2 sc0 ls74 ws1\">\u00a3 pe<span class=\"_ _9\"></span>r sq f<span class=\"_ _9\"></span>t<span class=\"_ _335\"> </span></td><td></td><td></td><td class=\"t m0 x7c4 h15 y33b1 ff3 fsd fc2 sc0 ls1 ws1\">%<span class=\"_ _335\"> </span></td><td></td><td></td><td class=\"t m0 x78f h15 y33b1 ff3 fsd fc2 sc0 ls74 ws1\">\u00a3 pe<span class=\"_ _9\"></span>r sq f<span class=\"_ _9\"></span>t<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x7c5 h15 y33b2 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"c n x7c6 y33b3 w1b2 hbc\"><div class=\"t m0 x239 h15 y3229 ff3 fsd fc2 sc0 ls75 ws7a\">Low</div></td><td class=\"c n x8aa y33b3 w1b3 hbc\"><div class=\"t m0 x239 h15 y3229 ff3 fsd fc2 sc0 ls41 ws7c\">Average<span class=\"_ _335\"> </span></div></td><td class=\"c n x8ab y33b3 w1b4 hbc\"><div class=\"t m0 x239 h15 y3229 ff3 fsd fc2 sc0 ls76 ws13e\">High<span class=\"_ _335\"> </span></div></td><td class=\"c n x8ac y33b3 w1b2 hbc\"><div class=\"t m0 x239 h15 y3229 ff3 fsd fc2 sc0 ls75 ws7a\">Low</div></td><td class=\"c n x8ad y33b3 w1b5 hbc\"><div class=\"t m0 x239 h15 y3229 ff3 fsd fc2 sc0 ls41 ws7c\">Average<span class=\"_ _335\"> </span></div></td><td class=\"c n x8ae y33b3 w1b4 hbc\"><div class=\"t m0 x239 h15 y3229 ff3 fsd fc2 sc0 ls76 ws13e\">High<span class=\"_ _335\"> </span></div></td><td class=\"c n x8af y33b3 w1b2 hbc\"><div class=\"t m0 x239 h15 y3229 ff3 fsd fc2 sc0 ls75 ws7a\">Low</div></td><td class=\"c x8b1 y33b3 w1b6 hbc\"><div class=\"t m0 x239 h15 y3229 ff3 fsd fc2 sc0 ls41 ws7c\">Average</div><div class=\"t m0 x8b0 h48 y3375 ff3 fs39 fc2 sc0 ls1 ws1\">2</div></td><td class=\"t m0 x247 h15 y33b4 ff3 fsd fc2 sc0 ls76 ws13e\">High<span class=\"_ _335\"> </span></td></tr><tr><td class=\"t m0 x297 h9 y33b5 ff2 fs6 fc2 sc0 ls8e ws97\">Offic<span class=\"_ _9\"></span>e-le<span class=\"_ _9\"></span>d<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x2a6 y33b6 w199 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">West End offic<span class=\"_ _9\"></span>es<span class=\"_ _335\"> </span></div></td><td class=\"c n x8b2 y33b6 w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">2,488<span class=\"_ _335\"> </span></div></td><td class=\"c n x7da y33b6 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">21<span class=\"_ _335\"> </span></div></td><td class=\"c n x7db y33b6 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">85<span class=\"_ _335\"> </span></div></td><td class=\"c n x8b3 y33b6 w20 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">102</div></td><td class=\"c n x8b4 y33b6 w109 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">4.4%</div></td><td class=\"c n x8b5 y33b6 w109 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">5.6%</div></td><td class=\"c n x8b6 y33b6 w1b7 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">6.1%<span class=\"_ _335\"> </span></div></td><td class=\"c n x8b7 y33b6 w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x8b8 y33b6 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">50<span class=\"_ _335\"> </span></div></td><td class=\"c n x8b9 y33b6 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">134<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x2a6 y33b7 w19c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls37 ws34\">Cit<span class=\"_ _9\"></span>y and Sou<span class=\"_ _9\"></span>thwark offices<span class=\"_ _335\"> </span></div></td><td class=\"c n x8ba y33b7 w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,445<span class=\"_ _335\"> </span></div></td><td class=\"c n x8bb y33b7 w2d hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">57<span class=\"_ _335\"> </span></div></td><td class=\"c n x8bc y33b7 w2d hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">87<span class=\"_ _335\"> </span></div></td><td class=\"c n x8bd y33b7 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">107</div></td><td class=\"c n x8be y33b7 w109 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">5.9%</div></td><td class=\"c n x8bf y33b7 w109 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">6.2%</div></td><td class=\"c n x8c0 y33b7 w109 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">7.5%<span class=\"_ _335\"> </span></div></td><td class=\"c n x8c1 y33b7 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x8c2 y33b7 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">88<span class=\"_ _335\"> </span></div></td><td class=\"c n x8c3 y33b7 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">226<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x2a6 y33b8 w19d hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Manchester offices<span class=\"_ _335\"> </span></div></td><td class=\"c n x7e3 y33b8 w20 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">294<span class=\"_ _335\"> </span></div></td><td class=\"c n x7e4 y33b8 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">17<span class=\"_ _335\"> </span></div></td><td class=\"c n x7e5 y33b8 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">37<span class=\"_ _335\"> </span></div></td><td class=\"c n x7e6 y33b8 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">73</div></td><td class=\"c n x8c4 y33b8 w1b7 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">5.8%</div></td><td class=\"c n x8c5 y33b8 w109 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">8.0%</div></td><td class=\"c n x8c6 y33b8 wb2 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">10.0%<span class=\"_ _335\"> </span></div></td><td class=\"c n x8c7 y33b8 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x8c8 y33b8 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">9<span class=\"_ _335\"> </span></div></td><td class=\"c n x8c9 y33b8 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">60<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x2a6 y33b9 w19e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Retail and o<span class=\"_ _9\"></span>ther<span class=\"_ _335\"> </span></div></td><td class=\"c n x8ca y33b9 w1b8 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,299<span class=\"_ _335\"> </span></div></td><td class=\"c n x8cb y33b9 w2d hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">15<span class=\"_ _335\"> </span></div></td><td class=\"c n x8cc y33b9 w2d hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">73<span class=\"_ _335\"> </span></div></td><td class=\"c n x8cd y33b9 w20 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">140</div></td><td class=\"c n x8ce y33b9 w109 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">3.5%</div></td><td class=\"c n x8cf y33b9 w109 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">4.0%</div></td><td class=\"c n x8d0 y33b9 wb2 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">17.5%<span class=\"_ _335\"> </span></div></td><td class=\"c n x8d1 y33b9 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x8d2 y33b9 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">68<span class=\"_ _335\"> </span></div></td><td class=\"c n x8d3 y33b9 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">237<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y33ba w19f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls7e ws85\">T<span class=\"_ _11\"></span>otal Office-led<span class=\"_ _335\"> </span></div></td><td class=\"c n x8d4 y33ba w1b8 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">5,526<span class=\"_ _335\"> </span></div></td><td class=\"c n x8d5 y33ba w2d hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">15<span class=\"_ _335\"> </span></div></td><td class=\"c n x8d6 y33ba w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">83<span class=\"_ _335\"> </span></div></td><td class=\"c n x8d7 y33ba w20 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">164</div></td><td class=\"c n x8d8 y33ba w1b7 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">3.5%</div></td><td class=\"c n x8d9 y33ba w1b7 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">5.4%</div></td><td class=\"c n x8da y33ba wb2 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">17.5%<span class=\"_ _335\"> </span></div></td><td class=\"c n x8db y33ba w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x8dc y33ba w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">51<span class=\"_ _335\"> </span></div></td><td class=\"c n x8dd y33ba w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">237<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x297 h9 y33bb ff2 fs6 fc2 sc0 ls1f ws1d\">Retail<span class=\"_ _2\"></span>-led<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x2a6 y33bc w1a0 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Shopping cent<span class=\"_ _2\"></span>res<span class=\"_ _335\"> </span></div></td><td class=\"c n x8de y33bc w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,993<span class=\"_ _335\"> </span></div></td><td class=\"c n x8df y33bc w25 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">8<span class=\"_ _335\"> </span></div></td><td class=\"c n x8e0 y33bc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">16<span class=\"_ _335\"> </span></div></td><td class=\"c n x8e1 y33bc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">39</div></td><td class=\"c n x8e2 y33bc w1b7 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">6.8%</div></td><td class=\"c n x8e3 y33bc w1b7 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">6.8%</div></td><td class=\"c n x8e4 y33bc w1b7 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">9.8%<span class=\"_ _335\"> </span></div></td><td class=\"c n x8e5 y33bc w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x8e6 y33bc w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n x8e7 y33bc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">36<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x2a6 y33bd w1a1 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls7f ws29\">Outlets<span class=\"_ _335\"> </span></div></td><td class=\"c n x80b y33bd w20 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">626<span class=\"_ _335\"> </span></div></td><td class=\"c n x80c y33bd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">49<span class=\"_ _335\"> </span></div></td><td class=\"c n x8e8 y33bd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">53<span class=\"_ _335\"> </span></div></td><td class=\"c n x8e9 y33bd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">56</div></td><td class=\"c n x8ea y33bd w1b7 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">6.5%</div></td><td class=\"c n x8eb y33bd w109 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">6.9%</div></td><td class=\"c n x8ec y33bd w1b7 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">8.1%<span class=\"_ _335\"> </span></div></td><td class=\"c n x8ed y33bd w34 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">12<span class=\"_ _335\"> </span></div></td><td class=\"c n x8ee y33bd w34 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">20<span class=\"_ _335\"> </span></div></td><td class=\"c n x8ef y33bd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">24<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y33be w1a2 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1b ws86\">T<span class=\"_ _11\"></span>ota<span class=\"_ _9\"></span>l Reta<span class=\"_ _9\"></span>il-l<span class=\"_ _9\"></span>ed<span class=\"_ _335\"> </span></div></td><td class=\"c n x815 y33be w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">2,619<span class=\"_ _335\"> </span></div></td><td class=\"c n x816 y33be w25 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">8<span class=\"_ _335\"> </span></div></td><td class=\"c n x817 y33be w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">25<span class=\"_ _335\"> </span></div></td><td class=\"c n x818 y33be w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">56</div></td><td class=\"c n x8f0 y33be w1b7 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">6.5%</div></td><td class=\"c n x8f1 y33be w109 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">6.8%</div></td><td class=\"c n x8f2 y33be w109 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">9.8%<span class=\"_ _335\"> </span></div></td><td class=\"c n x8f3 y33be w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x8f4 y33be w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td><td class=\"c n x8f5 y33be w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">36<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x297 h9 y33bf ff2 fs6 fc2 sc0 ls8f ws98\">Resi<span class=\"_ _2\"></span>denti<span class=\"_ _2\"></span>al-<span class=\"_ _2\"></span>led<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x2a6 y33c0 w1a3 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws48\">Developments<span class=\"_ _335\"> </span></div></td><td class=\"c n x81f y33c0 w20 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">203<span class=\"_ _335\"> </span></div></td><td class=\"c n x820 y33c0 w25 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n x8f6 y33c0 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">25<span class=\"_ _335\"> </span></div></td><td class=\"c n x8f7 y33c0 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">61</div></td><td class=\"c n x8f8 y33c0 w109 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">5.3%</div></td><td class=\"c n x8f9 y33c0 w109 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">5.9%</div></td><td class=\"c n x8fa y33c0 wb2 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">13.9%<span class=\"_ _335\"> </span></div></td><td class=\"c n x8fb y33c0 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x8fc y33c0 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">31<span class=\"_ _335\"> </span></div></td><td class=\"c n x8fd y33c0 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">74<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y33c1 w1a4 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls7e ws85\">T<span class=\"_ _11\"></span>otal R<span class=\"_ _11\"></span>esid<span class=\"_ _9\"></span>ential-<span class=\"_ _11\"></span>l<span class=\"_ _9\"></span>ed<span class=\"_ _335\"> </span></div></td><td class=\"c n x829 y33c1 w20 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">203<span class=\"_ _335\"> </span></div></td><td class=\"c n x82a y33c1 w25 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n x82b y33c1 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">25<span class=\"_ _335\"> </span></div></td><td class=\"c n x82c y33c1 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">61</div></td><td class=\"c n x8fe y33c1 w109 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">5.3%</div></td><td class=\"c n x8ff y33c1 w109 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">5.9%</div></td><td class=\"c n x900 y33c1 wb2 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">13.9%<span class=\"_ _335\"> </span></div></td><td class=\"c n x901 y33c1 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x902 y33c1 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">31<span class=\"_ _335\"> </span></div></td><td class=\"c n x903 y33c1 w34 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">74<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x297 h9 y33c2 ff2 fs6 fc2 sc0 ls8f ws42\">Other assets </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x2a6 y33c3 w1a5 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls37 ws34\">Retail and leisure park<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n x904 y33c3 w20 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">626<span class=\"_ _335\"> </span></div></td><td class=\"c n x905 y33c3 w25 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td><td class=\"c n x906 y33c3 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">15<span class=\"_ _335\"> </span></div></td><td class=\"c n x907 y33c3 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">24</div></td><td class=\"c n x908 y33c3 w109 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">6.0%</div></td><td class=\"c n x909 y33c3 w109 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">7.9%</div></td><td class=\"c n x90a y33c3 wb2 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">12.2%<span class=\"_ _335\"> </span></div></td><td class=\"c n x90b y33c3 w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x90c y33c3 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x90d y33c3 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">26<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y33c4 w1a6 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">T<span class=\"_ _11\"></span>otal Oth<span class=\"_ _9\"></span>er ass<span class=\"_ _9\"></span>ets<span class=\"_ _335\"> </span></div></td><td class=\"c n x83c y33c4 w20 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">626<span class=\"_ _335\"> </span></div></td><td class=\"c n x90e y33c4 w25 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td><td class=\"c n x90f y33c4 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">15<span class=\"_ _335\"> </span></div></td><td class=\"c n x910 y33c4 w2d hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">24</div></td><td class=\"c n x911 y33c4 w109 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">6.0%</div></td><td class=\"c n x912 y33c4 w109 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">7.9%</div></td><td class=\"c n x913 y33c4 wb2 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">12.2%<span class=\"_ _335\"> </span></div></td><td class=\"c n x914 y33c4 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x898 y33c4 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x915 y33c4 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">26<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x846 h9 y33c5 ff3 fs6 fc2 sc0 ls29 ws28\">Developments<span class=\"_ _11\"></span>: income capital<span class=\"_ _2\"></span>isation </td><td class=\"c n x916 y33c6 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">96<span class=\"_ _335\"> </span></div></td><td class=\"c n x917 y33c6 w20 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">155<span class=\"_ _335\"> </span></div></td><td class=\"c n x918 y33c6 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">155<span class=\"_ _335\"> </span></div></td><td class=\"c n x919 y33c6 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">155</div></td><td class=\"c n x91a y33c6 w109 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">6.0%</div></td><td class=\"c n x91b y33c6 w109 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">6.0%</div></td><td class=\"c n x91c y33c6 w109 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">6.0%<span class=\"_ _335\"> </span></div></td><td class=\"c n x91d y33c6 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">444<span class=\"_ _335\"> </span></div></td><td class=\"c n x91e y33c6 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">444<span class=\"_ _335\"> </span></div></td><td class=\"c n x91f y33c6 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">444<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x846 h9 y33c7 ff3 fs6 fc2 sc0 ls19 ws9e\">meth<span class=\"_ _9\"></span>od<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x2a6 y33ab w1a7 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Developments<span class=\"_ _11\"></span>: residual method<span class=\"_ _335\"> </span></div></td><td class=\"c n x920 y33ab w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,055<span class=\"_ _335\"> </span></div></td><td class=\"c n x921 y33ab w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">60<span class=\"_ _335\"> </span></div></td><td class=\"c n x922 y33ab w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">78<span class=\"_ _335\"> </span></div></td><td class=\"c n x923 y33ab w20 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">164</div></td><td class=\"c n x924 y33ab w109 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">5.2%</div></td><td class=\"c n x8eb y33ab w109 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">4.3%</div></td><td class=\"c n x8ec y33ab w1b7 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">6.0%<span class=\"_ _335\"> </span></div></td><td class=\"c n x925 y33ab w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">312<span class=\"_ _335\"> </span></div></td><td class=\"c n x926 y33ab w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">548</div></td><td class=\"c n x927 y33ab w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,411<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y33ac w1a8 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls29 ws28\">Developmen<span class=\"_ _2\"></span>t program<span class=\"_ _2\"></span>me<span class=\"_ _335\"> </span></div></td><td class=\"c n x928 y33ac w1b8 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,151<span class=\"_ _335\"> </span></div></td><td class=\"c n x85c y33ac w2d hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">60<span class=\"_ _335\"> </span></div></td><td class=\"c n x929 y33ac w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">84<span class=\"_ _335\"> </span></div></td><td class=\"c n x92a y33ac w20 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">164</div></td><td class=\"c n x92b y33ac w1b7 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">5.2%</div></td><td class=\"c n x92c y33ac w1b7 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">4.4%</div></td><td class=\"c n x92d y33ac w1b7 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">6.0%<span class=\"_ _335\"> </span></div></td><td class=\"c n x92e y33ac w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">312<span class=\"_ _335\"> </span></div></td><td class=\"c n x92f y33ac w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">496</div></td><td class=\"c n x930 y33ac w59 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,411<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w1b9 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls26 ws1\">Market value at 31 March 202<span class=\"_ _11\"></span>5 \u2013 G<span class=\"_ _9\"></span>roup</div></td><td class=\"c n x931 y32cd w1ba hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">10,125<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr></table></div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls5 ws1 gs299\">1. <span class=\"_ _9\"></span>Re<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>tate<span class=\"_ _9\"></span>d fo<span class=\"_ _9\"></span>r ch<span class=\"_ _9\"></span>ang<span class=\"_ _9\"></span>es i<span class=\"_ _9\"></span>n the G<span class=\"_ _9\"></span>rou<span class=\"_ _9\"></span>p\u2019s opera<span class=\"_ _9\"></span>tin<span class=\"_ _9\"></span>g se<span class=\"_ _9\"></span>gm<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s as o<span class=\"_ _9\"></span>ut<span class=\"_ _9\"></span>lin<span class=\"_ _9\"></span>ed in n<span class=\"_ _9\"></span>ot<span class=\"_ _9\"></span>e 4.<span class=\"_ _335\"> </span></div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls5 ws1 gs29a\">2<span class=\"_ _2\"></span>. <span class=\"_ _a\"></span>The c<span class=\"_ _9\"></span>al<span class=\"_ _9\"></span>cul<span class=\"_ _9\"></span>ati<span class=\"_ _9\"></span>on f<span class=\"_ _9\"></span>or av<span class=\"_ _9\"></span>era<span class=\"_ _9\"></span>ge c<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s excl<span class=\"_ _9\"></span>ud<span class=\"_ _9\"></span>es th<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>e pro<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>es w<span class=\"_ _9\"></span>hic<span class=\"_ _9\"></span>h are a<span class=\"_ _9\"></span>ss<span class=\"_ _9\"></span>ume<span class=\"_ _9\"></span>d by th<span class=\"_ _9\"></span>e Gr<span class=\"_ _9\"></span>oup\u2019s ex<span class=\"_ _9\"></span>ter<span class=\"_ _9\"></span>nal va<span class=\"_ _9\"></span>lue<span class=\"_ _9\"></span>r to b<span class=\"_ _9\"></span>e sub<span class=\"_ _9\"></span>st<span class=\"_ _9\"></span>anti<span class=\"_ _9\"></span>all<span class=\"_ _9\"></span>y re<span class=\"_ _9\"></span>fur<span class=\"_ _9\"></span>bis<span class=\"_ _9\"></span>he<span class=\"_ _9\"></span>d or r<span class=\"_ _9\"></span>ed<span class=\"_ _9\"></span>evel<span class=\"_ _9\"></span>op<span class=\"_ _9\"></span>ed, b<span class=\"_ _9\"></span>ut w<span class=\"_ _9\"></span>hic<span class=\"_ _9\"></span>h do<span class=\"_ _9\"></span> </div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls5 ws1 gs29b\">no<span class=\"_ _9\"></span>t yet f<span class=\"_ _9\"></span>orm p<span class=\"_ _9\"></span>ar<span class=\"_ _a\"></span>t of the d<span class=\"_ _9\"></span>evel<span class=\"_ _9\"></span>op<span class=\"_ _9\"></span>me<span class=\"_ _9\"></span>nt pr<span class=\"_ _9\"></span>og<span class=\"_ _9\"></span>ram<span class=\"_ _9\"></span>me.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs29e\">The sensitivities i<span class=\"_ _2\"></span>llustrate t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>e impact of changes in<span class=\"_ _2\"></span> ke<span class=\"_ _11\"></span>y unobser<span class=\"_ _9\"></span>vable inputs (i<span class=\"_ _11\"></span>n isolation<span class=\"_ _11\"></span>) on the fai<span class=\"_ _2\"></span>r val<span class=\"_ _2\"></span>ue of t<span class=\"_ _2\"></span>he Group\u2019<span class=\"_ _1\"></span>s proper<span class=\"_ _9\"></span>ties<span class=\"_ _2\"></span>:<span class=\"_ _335\"> </span></div><div class=\"t m0 h11 ff1 fs9 fc2 sc0 ls10e wse7 gs29f\">SENSITIVITIES<span class=\"_ _335\"> </span></div><div class=\"t m0 h15 ff3 fsd fc2 sc0 ls40 wsbe gs2a0\">2025</div><div class=\"t m0 h48 ff3 fs39 fc2 sc0 ls1 ws1 gs2a1\">1<span class=\"_ _335\"> </span></div><div class=\"gs293\"><table class=\"s w1bb hdd\" id=\"_cdb8e6c0-5fd1-4e49-bbc6-40431f0feaf2\"><tr><td></td><td></td><td></td><td class=\"t m0 x23c h15 y33c8 ff3 fsd fc2 sc0 ls41 ws36\">Impact on val<span class=\"_ _2\"></span>uations<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td class=\"t m0 x932 h15 y33c9 ff3 fsd fc2 sc0 ls41 ws36\">of 5<span class=\"_ _11\"></span>% change <span class=\"ls1 ws1\"> </span></td><td></td><td class=\"t m0 x574 h15 y33c9 ff3 fsd fc2 sc0 ls41 ws36\">Impact on val<span class=\"_ _2\"></span>uations </td><td></td><td class=\"t m0 x933 h15 y33c9 ff3 fsd fc2 sc0 ls41 ws36\">Impact on val<span class=\"_ _2\"></span>uations<span class=\"_ _335\"> </span></td></tr><tr><td></td><td></td><td></td><td class=\"t m0 x934 h15 y33ca ff3 fsd fc2 sc0 ls76 ws7b\">in estima<span class=\"_ _9\"></span>ted <span class=\"ls1 ws1\"> </span></td><td></td><td class=\"t m0 x51f h15 y33ca ff3 fsd fc2 sc0 ls41 ws36\">of 2<span class=\"_ _11\"></span>5 bps change<span class=\"ls1 ws1\"> </span></td><td></td><td class=\"t m0 x935 h15 y33ca ff3 fsd fc2 sc0 ls41 ws36\">of 5<span class=\"_ _11\"></span>% change<span class=\"ls1 ws1\"> </span></td></tr><tr><td></td><td class=\"t m0 x936 h15 y33cb ff3 fsd fc2 sc0 ls1 ws1\">Market </td><td></td><td class=\"t m0 x937 h15 y33cc ff3 fsd fc2 sc0 ls76 ws7b\">rental value<span class=\"_ _335\"> </span></td><td></td><td class=\"t m0 x938 h15 y33cc ff3 fsd fc2 sc0 ls41 ws36\">in equiv<span class=\"_ _2\"></span>alent yield<span class=\"_ _335\"> </span></td><td></td><td class=\"t m0 x86e h15 y33cc ff3 fsd fc2 sc0 ls74 ws1\">in co<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>ts<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x939 h15 y33cd ff3 fsd fc2 sc0 ls154 ws181\">value<span class=\"_ _335\"> </span></td><td class=\"t m0 x792 h15 y33cd ff3 fsd fc2 sc0 ls41 ws7c\">Increase<span class=\"_ _335\"> </span></td><td class=\"t m0 x870 h15 y33cd ff3 fsd fc2 sc0 lsf6 ws56\">Decrease<span class=\"_ _335\"> </span></td><td class=\"t m0 x871 h15 y33cd ff3 fsd fc2 sc0 lsf6 ws56\">Decrease<span class=\"_ _335\"> </span></td><td class=\"t m0 x872 h15 y33cd ff3 fsd fc2 sc0 ls41 ws7c\">Increase<span class=\"_ _335\"> </span></td><td class=\"t m0 x873 h15 y33cd ff3 fsd fc2 sc0 lsf6 ws56\">Decrease<span class=\"_ _335\"> </span></td><td class=\"t m0 x421 h15 y33cd ff3 fsd fc2 sc0 ls41 ws7c\">Increase<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x93a h15 y33ce ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x875 h15 y33ce ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x55f h15 y33ce ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x51f h15 y33ce ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x5c3 h15 y33ce ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x876 h15 y33ce ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y33ce ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32e0 w1ab hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws61\">T<span class=\"_ _11\"></span>ota<span class=\"_ _2\"></span>l Offic<span class=\"_ _2\"></span>e-l<span class=\"_ _2\"></span>ed<span class=\"_ _335\"> </span></div></td><td class=\"c n x93b y32e0 w5e hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">5,526<span class=\"_ _335\"> </span></div></td><td class=\"c n x93c y32e0 w10c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">329</div></td><td class=\"c n x93d y32e0 w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(330)</div></td><td class=\"c n x93e y32e0 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">408</div></td><td class=\"c n x93f y32e0 w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(379)<span class=\"_ _335\"> </span></div></td><td class=\"c n x940 y32e0 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">90<span class=\"_ _335\"> </span></div></td><td class=\"c n x941 y32e0 w32 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(87)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e1 w1ac hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws61\">T<span class=\"_ _11\"></span>ota<span class=\"_ _2\"></span>l R<span class=\"_ _11\"></span>etail<span class=\"_ _11\"></span>-led<span class=\"_ _335\"> </span></div></td><td class=\"c n x942 y32e1 w5e hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">2,619<span class=\"_ _335\"> </span></div></td><td class=\"c n x943 y32e1 w10c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">109</div></td><td class=\"c n x944 y32e1 w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(108)<span class=\"_ _335\"> </span></div></td><td class=\"c n x945 y32e1 w1bc hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">92<span class=\"_ _335\"> </span></div></td><td class=\"c n x946 y32e1 w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(88)<span class=\"_ _335\"> </span></div></td><td class=\"c n x947 y32e1 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n x948 y32e1 w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(5)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32c9 w1ad hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">T<span class=\"_ _11\"></span>otal R<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>sidential<span class=\"_ _11\"></span>-led<span class=\"_ _335\"> </span></div></td><td class=\"c n x949 y32c9 w10c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">203<span class=\"_ _335\"> </span></div></td><td class=\"c n x94a y32c9 w1bd hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws61\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n x94b y32c9 w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(6)<span class=\"_ _335\"> </span></div></td><td class=\"c n x94c y32c9 w1bd hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws61\">8<span class=\"_ _335\"> </span></div></td><td class=\"c n x94d y32c9 w87 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(6)<span class=\"_ _335\"> </span></div></td><td class=\"c n x94e y32c9 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x94f y32c9 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32ca w1ae hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">T<span class=\"_ _11\"></span>otal O<span class=\"_ _9\"></span>th<span class=\"_ _9\"></span>er as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ts<span class=\"_ _335\"> </span></div></td><td class=\"c n x950 y32ca w10c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">626<span class=\"_ _335\"> </span></div></td><td class=\"c n x951 y32ca w1be hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">20<span class=\"_ _335\"> </span></div></td><td class=\"c n x952 y32ca w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(19)<span class=\"_ _335\"> </span></div></td><td class=\"c n x953 y32ca w1be hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">20<span class=\"_ _335\"> </span></div></td><td class=\"c n x954 y32ca w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(20)<span class=\"_ _335\"> </span></div></td><td class=\"c n x955 y32ca w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x956 y32ca w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w1af hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Developments<span class=\"_ _11\"></span>: income capital<span class=\"_ _2\"></span>isation method<span class=\"_ _335\"> </span></div></td><td class=\"c n x957 y32cb w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">96<span class=\"_ _335\"> </span></div></td><td class=\"c n x958 y32cb w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">8<span class=\"_ _335\"> </span></div></td><td class=\"c n x952 y32cb w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(10)<span class=\"_ _335\"> </span></div></td><td class=\"c n x959 y32cb w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n x95a y32cb w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(7)<span class=\"_ _335\"> </span></div></td><td class=\"c n x95b y32cb w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x95c y32cb w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w1a7 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Developments<span class=\"_ _11\"></span>: residual method<span class=\"_ _335\"> </span></div></td><td class=\"c n x95d y32cc w1b8 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,055<span class=\"_ _335\"> </span></div></td><td class=\"c n x95e y32cc w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">112</div></td><td class=\"c n x95f y32cc w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(112)</div></td><td class=\"c n x960 y32cc w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">123</div></td><td class=\"c n x961 y32cc w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(112)<span class=\"_ _335\"> </span></div></td><td class=\"c n x962 y32cc w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">82<span class=\"_ _335\"> </span></div></td><td class=\"c n x963 y32cc w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(77)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w1bf hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Market value at 31 March 202<span class=\"_ _11\"></span>5 \u2013 G<span class=\"_ _9\"></span>roup<span class=\"_ _335\"> </span></div></td><td class=\"c n x964 y32cd w1c0 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">10,125<span class=\"_ _335\"> </span></div></td><td class=\"c n x87f y32cd w10c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">465</div></td><td class=\"c n x965 y32cd w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(463)</div></td><td class=\"c n x966 y32cd w10c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">529</div></td><td class=\"c n x967 y32cd w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(493)<span class=\"_ _335\"> </span></div></td><td class=\"c n x968 y32cd w1be hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">97<span class=\"_ _335\"> </span></div></td><td class=\"c n x969 y32cd w32 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(95)<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls5 ws1 gs2a2\">1. <span class=\"_ _9\"></span>Re<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>tate<span class=\"_ _9\"></span>d fo<span class=\"_ _9\"></span>r ch<span class=\"_ _9\"></span>ang<span class=\"_ _9\"></span>es i<span class=\"_ _9\"></span>n the G<span class=\"_ _9\"></span>rou<span class=\"_ _9\"></span>p\u2019s opera<span class=\"_ _9\"></span>tin<span class=\"_ _9\"></span>g se<span class=\"_ _9\"></span>gm<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s as o<span class=\"_ _9\"></span>ut<span class=\"_ _9\"></span>lin<span class=\"_ _9\"></span>ed in n<span class=\"_ _9\"></span>ot<span class=\"_ _9\"></span>e 4.</div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInvestmentPropertyExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-449": {
   "value": "INVE<span class=\"_ _9\"></span>STM<span class=\"_ _9\"></span>ENT PROPERTIE<span class=\"_ _9\"></span>S<span class=\"_ _335\"> </span>Inves<span class=\"_ _9\"></span>tment p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s are pr<span class=\"_ _9\"></span>ope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s, eith<span class=\"_ _9\"></span>er own<span class=\"_ _9\"></span>ed or l<span class=\"_ _9\"></span>eas<span class=\"_ _9\"></span>ed by the G<span class=\"_ _9\"></span>roup, that ar<span class=\"_ _9\"></span>e hel<span class=\"_ _9\"></span>d eith<span class=\"_ _9\"></span>er to earn r<span class=\"_ _9\"></span>ental inc<span class=\"_ _9\"></span>ome o<span class=\"_ _9\"></span>r for cap<span class=\"_ _9\"></span>ital app<span class=\"_ _9\"></span>rec<span class=\"_ _9\"></span>iati<span class=\"_ _9\"></span>on,<span class=\"_ _335\"> </span>or bo<span class=\"_ _9\"></span>th. Investm<span class=\"_ _9\"></span>ent pr<span class=\"_ _9\"></span>ope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s are me<span class=\"_ _9\"></span>asure<span class=\"_ _9\"></span>d initi<span class=\"_ _9\"></span>ally a<span class=\"_ _9\"></span>t cos<span class=\"_ _9\"></span>t incl<span class=\"_ _9\"></span>uding r<span class=\"_ _9\"></span>ela<span class=\"_ _9\"></span>ted trans<span class=\"_ _9\"></span>ac<span class=\"_ _9\"></span>tio<span class=\"_ _9\"></span>n cos<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s, and subs<span class=\"_ _9\"></span>equ<span class=\"_ _9\"></span>ently a<span class=\"_ _9\"></span>t fair valu<span class=\"_ _9\"></span>e. F<span class=\"_ _11\"></span>air val<span class=\"_ _9\"></span>ue is<span class=\"_ _335\"> </span>based on mark<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>t val<span class=\"_ _2\"></span>ue,<span class=\"_ _2\"></span> as determined b<span class=\"_ _11\"></span>y a professional external v<span class=\"_ _2\"></span>aluer at each<span class=\"_ _2\"></span> repor<span class=\"_ _9\"></span>ting date<span class=\"_ _11\"></span>. The di<span class=\"_ _2\"></span>fference between the fair<span class=\"_ _11\"></span> value of an<span class=\"_ _335\"> </span>inv<span class=\"_ _2\"></span>estment proper<span class=\"_ _9\"></span>ty at the repor<span class=\"_ _9\"></span>ting dat<span class=\"_ _2\"></span>e and its ca<span class=\"_ _2\"></span>rry<span class=\"_ _9\"></span>ing amoun<span class=\"_ _2\"></span>t prior t<span class=\"_ _2\"></span>o remeasurement<span class=\"_ _2\"></span> is included i<span class=\"_ _11\"></span>n the income statement as<span class=\"_ _2\"></span> a val<span class=\"_ _2\"></span>uation<span class=\"_ _335\"> </span>surplus<span class=\"_ _2\"></span> or deficit<span class=\"_ _11\"></span>. Investment pr<span class=\"_ _2\"></span>oper<span class=\"_ _9\"></span>ties are present<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>d on the<span class=\"_ _2\"></span> balance sheet within<span class=\"_ _11\"></span> non-current assets.<span class=\"_ _335\"> </span>Some of the Gr<span class=\"_ _2\"></span>oup\u2019<span class=\"_ _1\"></span>s investment properties are owned t<span class=\"_ _2\"></span>hrough long<span class=\"_ _11\"></span>-leasehold arrangements,<span class=\"_ _2\"></span> as opposed to t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>e Group o<span class=\"_ _11\"></span>w<span class=\"_ _9\"></span>ning the<span class=\"_ _11\"></span> freehold.<span class=\"_ _335\"> </span>Wher<span class=\"_ _9\"></span>e the Gr<span class=\"_ _9\"></span>oup is a le<span class=\"_ _9\"></span>ss<span class=\"_ _9\"></span>ee, a right-of-us<span class=\"_ _9\"></span>e ass<span class=\"_ _9\"></span>et is r<span class=\"_ _9\"></span>eco<span class=\"_ _9\"></span>gnise<span class=\"_ _9\"></span>d at th<span class=\"_ _9\"></span>e comm<span class=\"_ _9\"></span>enc<span class=\"_ _9\"></span>eme<span class=\"_ _9\"></span>nt da<span class=\"_ _9\"></span>te of the l<span class=\"_ _9\"></span>eas<span class=\"_ _9\"></span>e and acc<span class=\"_ _9\"></span>ounte<span class=\"_ _9\"></span>d for as inve<span class=\"_ _9\"></span>stm<span class=\"_ _9\"></span>ent<span class=\"_ _335\"> </span>prop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>. Ini<span class=\"_ _9\"></span>tially<span class=\"_ _2\"></span>, the cos<span class=\"_ _9\"></span>t o<span class=\"_ _9\"></span>f inves<span class=\"_ _9\"></span>tment p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>es he<span class=\"_ _9\"></span>ld und<span class=\"_ _9\"></span>er le<span class=\"_ _9\"></span>ase<span class=\"_ _9\"></span>s inclu<span class=\"_ _9\"></span>des th<span class=\"_ _9\"></span>e amou<span class=\"_ _9\"></span>nt of le<span class=\"_ _9\"></span>ase li<span class=\"_ _9\"></span>abiliti<span class=\"_ _9\"></span>es re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>gnise<span class=\"_ _9\"></span>d, initial dire<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t co<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>ts<span class=\"_ _335\"> </span>incurred<span class=\"_ _11\"></span>, and lease payments made at or before t<span class=\"_ _2\"></span>he commencement date<span class=\"_ _2\"></span> less an<span class=\"_ _2\"></span>y lease incent<span class=\"_ _2\"></span>ives received<span class=\"_ _11\"></span>. The inv<span class=\"_ _2\"></span>estment proper<span class=\"_ _9\"></span>ties held<span class=\"_ _335\"> </span>under leases are<span class=\"_ _2\"></span> subsequently<span class=\"_ _2\"></span> carried at t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>eir fai<span class=\"_ _11\"></span>r value<span class=\"_ _2\"></span>. A corr<span class=\"_ _2\"></span>esponding liab<span class=\"_ _2\"></span>ility is recorded within<span class=\"_ _11\"></span> b<span class=\"_ _9\"></span>orrowings<span class=\"_ _11\"></span>. Each lease payment is al<span class=\"_ _11\"></span>lo<span class=\"_ _9\"></span>cated<span class=\"_ _335\"> </span>be<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>ween r<span class=\"_ _9\"></span>epa<span class=\"_ _9\"></span>ym<span class=\"_ _9\"></span>ent of th<span class=\"_ _9\"></span>e liabili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y and a finan<span class=\"_ _9\"></span>ce ch<span class=\"_ _9\"></span>arge to ac<span class=\"_ _9\"></span>hieve a con<span class=\"_ _9\"></span>stan<span class=\"_ _9\"></span>t intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t rate on th<span class=\"_ _9\"></span>e out<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>tandin<span class=\"_ _9\"></span>g liabili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForInvestmentPropertyExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-450": {
   "value": "TR<span class=\"_ _9\"></span>A<span class=\"_ _9\"></span>DING PROPE<span class=\"_ _9\"></span>RTIES<span class=\"_ _335\"> </span>T<span class=\"_ _11\"></span>rading pr<span class=\"_ _2\"></span>oper<span class=\"_ _9\"></span>ties are t<span class=\"_ _11\"></span>hose proper<span class=\"_ _9\"></span>ties held for sale<span class=\"_ _11\"></span>, or those being de<span class=\"_ _11\"></span>velope<span class=\"_ _9\"></span>d with a vie<span class=\"_ _11\"></span>w to sell<span class=\"_ _11\"></span>. T<span class=\"_ _11\"></span>rading properties are recorded at t<span class=\"_ _2\"></span>he lower<span class=\"_ _335\"> </span>of cost and net real<span class=\"_ _2\"></span>isable va<span class=\"_ _2\"></span>lue<span class=\"_ _11\"></span>. The net realisable v<span class=\"_ _2\"></span>alue of a<span class=\"_ _11\"></span> trading propert<span class=\"_ _9\"></span>y is determined b<span class=\"_ _11\"></span>y a professional external v<span class=\"_ _2\"></span>aluer at each r<span class=\"_ _2\"></span>epor<span class=\"_ _9\"></span>ting<span class=\"_ _335\"> </span>date. If the ne<span class=\"_ _9\"></span>t reali<span class=\"_ _9\"></span>sabl<span class=\"_ _9\"></span>e value of a tr<span class=\"_ _9\"></span>ading p<span class=\"_ _9\"></span>rope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y is l<span class=\"_ _9\"></span>ower than i<span class=\"_ _9\"></span>ts c<span class=\"_ _9\"></span>arr<span class=\"_ _9\"></span>yi<span class=\"_ _9\"></span>ng value, an imp<span class=\"_ _9\"></span>airme<span class=\"_ _9\"></span>nt los<span class=\"_ _9\"></span>s is re<span class=\"_ _9\"></span>cord<span class=\"_ _9\"></span>ed in th<span class=\"_ _9\"></span>e inco<span class=\"_ _9\"></span>me s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent.<span class=\"_ _335\"> </span>If<span class=\"_ _11\"></span>, in subse<span class=\"_ _9\"></span>que<span class=\"_ _9\"></span>nt pe<span class=\"_ _9\"></span>rio<span class=\"_ _9\"></span>ds, the ne<span class=\"_ _9\"></span>t re<span class=\"_ _9\"></span>alisab<span class=\"_ _9\"></span>le value o<span class=\"_ _9\"></span>f a tradin<span class=\"_ _9\"></span>g prop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y th<span class=\"_ _9\"></span>at was p<span class=\"_ _9\"></span>revio<span class=\"_ _9\"></span>usl<span class=\"_ _9\"></span>y impair<span class=\"_ _9\"></span>ed in<span class=\"_ _9\"></span>crea<span class=\"_ _9\"></span>ses ab<span class=\"_ _9\"></span>ove it<span class=\"_ _9\"></span>s carr<span class=\"_ _a\"></span>ying value, the<span class=\"_ _335\"> </span>impair<span class=\"_ _9\"></span>ment i<span class=\"_ _9\"></span>s rever<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>d to align the c<span class=\"_ _9\"></span>arr<span class=\"_ _9\"></span>yin<span class=\"_ _9\"></span>g value of t<span class=\"_ _9\"></span>he pro<span class=\"_ _9\"></span>per<span class=\"_ _a\"></span>ty w<span class=\"_ _9\"></span>ith the n<span class=\"_ _9\"></span>et r<span class=\"_ _9\"></span>ealis<span class=\"_ _9\"></span>able val<span class=\"_ _9\"></span>ue. T<span class=\"_ _11\"></span>rading p<span class=\"_ _9\"></span>rope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s are pr<span class=\"_ _9\"></span>ese<span class=\"_ _9\"></span>nted on th<span class=\"_ _9\"></span>e bal<span class=\"_ _9\"></span>ance<span class=\"_ _335\"> </span>she<span class=\"_ _9\"></span>et w<span class=\"_ _9\"></span>ithin cur<span class=\"_ _9\"></span>rent as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ts.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-468": {
   "value": "TR<span class=\"_ _9\"></span>A<span class=\"_ _9\"></span>DING PROPE<span class=\"_ _9\"></span>RTIES<span class=\"_ _335\"> </span>T<span class=\"_ _11\"></span>rading pr<span class=\"_ _2\"></span>oper<span class=\"_ _9\"></span>ties are t<span class=\"_ _11\"></span>hose proper<span class=\"_ _9\"></span>ties held for sale<span class=\"_ _11\"></span>, or those being de<span class=\"_ _11\"></span>velope<span class=\"_ _9\"></span>d with a vie<span class=\"_ _11\"></span>w to sell<span class=\"_ _11\"></span>. T<span class=\"_ _11\"></span>rading properties are recorded at t<span class=\"_ _2\"></span>he lower<span class=\"_ _335\"> </span>of cost and net real<span class=\"_ _2\"></span>isable va<span class=\"_ _2\"></span>lue<span class=\"_ _11\"></span>. The net realisable v<span class=\"_ _2\"></span>alue of a<span class=\"_ _11\"></span> trading propert<span class=\"_ _9\"></span>y is determined b<span class=\"_ _11\"></span>y a professional external v<span class=\"_ _2\"></span>aluer at each r<span class=\"_ _2\"></span>epor<span class=\"_ _9\"></span>ting<span class=\"_ _335\"> </span>date. If the ne<span class=\"_ _9\"></span>t reali<span class=\"_ _9\"></span>sabl<span class=\"_ _9\"></span>e value of a tr<span class=\"_ _9\"></span>ading p<span class=\"_ _9\"></span>rope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y is l<span class=\"_ _9\"></span>ower than i<span class=\"_ _9\"></span>ts c<span class=\"_ _9\"></span>arr<span class=\"_ _9\"></span>yi<span class=\"_ _9\"></span>ng value, an imp<span class=\"_ _9\"></span>airme<span class=\"_ _9\"></span>nt los<span class=\"_ _9\"></span>s is re<span class=\"_ _9\"></span>cord<span class=\"_ _9\"></span>ed in th<span class=\"_ _9\"></span>e inco<span class=\"_ _9\"></span>me s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent.<span class=\"_ _335\"> </span>If<span class=\"_ _11\"></span>, in subse<span class=\"_ _9\"></span>que<span class=\"_ _9\"></span>nt pe<span class=\"_ _9\"></span>rio<span class=\"_ _9\"></span>ds, the ne<span class=\"_ _9\"></span>t re<span class=\"_ _9\"></span>alisab<span class=\"_ _9\"></span>le value o<span class=\"_ _9\"></span>f a tradin<span class=\"_ _9\"></span>g prop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y th<span class=\"_ _9\"></span>at was p<span class=\"_ _9\"></span>revio<span class=\"_ _9\"></span>usl<span class=\"_ _9\"></span>y impair<span class=\"_ _9\"></span>ed in<span class=\"_ _9\"></span>crea<span class=\"_ _9\"></span>ses ab<span class=\"_ _9\"></span>ove it<span class=\"_ _9\"></span>s carr<span class=\"_ _a\"></span>ying value, the<span class=\"_ _335\"> </span>impair<span class=\"_ _9\"></span>ment i<span class=\"_ _9\"></span>s rever<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>d to align the c<span class=\"_ _9\"></span>arr<span class=\"_ _9\"></span>yin<span class=\"_ _9\"></span>g value of t<span class=\"_ _9\"></span>he pro<span class=\"_ _9\"></span>per<span class=\"_ _a\"></span>ty w<span class=\"_ _9\"></span>ith the n<span class=\"_ _9\"></span>et r<span class=\"_ _9\"></span>ealis<span class=\"_ _9\"></span>able val<span class=\"_ _9\"></span>ue. T<span class=\"_ _11\"></span>rading p<span class=\"_ _9\"></span>rope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s are pr<span class=\"_ _9\"></span>ese<span class=\"_ _9\"></span>nted on th<span class=\"_ _9\"></span>e bal<span class=\"_ _9\"></span>ance<span class=\"_ _335\"> </span>she<span class=\"_ _9\"></span>et w<span class=\"_ _9\"></span>ithin cur<span class=\"_ _9\"></span>rent as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ts.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleAndDiscontinuedOperationsExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-451": {
   "value": "AC<span class=\"_ _2\"></span>QUISITION<span class=\"_ _11\"></span> OF PROPER<span class=\"_ _11\"></span>TIES<span class=\"_ _335\"> </span>Prope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s are tre<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>d as acqu<span class=\"_ _9\"></span>ired w<span class=\"_ _9\"></span>hen th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up assum<span class=\"_ _9\"></span>es c<span class=\"_ _9\"></span>ontrol o<span class=\"_ _9\"></span>f the pr<span class=\"_ _9\"></span>ope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "landsec:DescriptionOfAccountingPolicyForAcquisitionOfProperties",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-452": {
   "value": "CAPIT<span class=\"_ _1\"></span>AL E<span class=\"_ _9\"></span>XPENDITURE AND<span class=\"_ _2\"></span> CAPIT<span class=\"_ _1\"></span>ALISA<span class=\"_ _11\"></span>TION OF<span class=\"_ _2\"></span> BORRO<span class=\"_ _2\"></span>WING CO<span class=\"_ _2\"></span>STS<span class=\"_ _335\"> </span>Capital<span class=\"_ _2\"></span> expenditure on<span class=\"_ _11\"></span> proper<span class=\"_ _a\"></span>ties<span class=\"_ _2\"></span> consists of costs of a capita<span class=\"_ _2\"></span>l nature<span class=\"_ _11\"></span>, including co<span class=\"_ _2\"></span>sts associated with developments and<span class=\"_ _2\"></span> refurbishments<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>Where<span class=\"_ gsd2\"> </span>a pr<span class=\"_ _2\"></span>oper<span class=\"_ _9\"></span>ty is being developed or u<span class=\"_ _2\"></span>ndergoing ma<span class=\"_ _11\"></span>jor refurbishment,<span class=\"_ _11\"></span> interest cos<span class=\"_ _9\"></span>ts associated with dir<span class=\"_ _2\"></span>ec<span class=\"_ _9\"></span>t expenditure<span class=\"_ _2\"></span> on the pr<span class=\"_ _2\"></span>oper<span class=\"_ _9\"></span>ty are<span class=\"_ _335\"> </span>capital<span class=\"_ _2\"></span>ised.<span class=\"_ _2\"></span> Where borrowings<span class=\"_ _11\"></span> are specifically used t<span class=\"_ _11\"></span>o finance an<span class=\"_ _11\"></span>y capital expenditu<span class=\"_ _2\"></span>re on t<span class=\"_ _2\"></span>he properties, the actual borrowi<span class=\"_ _2\"></span>ng costs incurred<span class=\"_ _335\"> </span>are<span class=\"_ gsd2\"> </span>capi<span class=\"_ _9\"></span>talise<span class=\"_ _9\"></span>d. However<span class=\"_ _11\"></span>, wh<span class=\"_ _9\"></span>ere b<span class=\"_ _9\"></span>orrow<span class=\"_ _9\"></span>ings ar<span class=\"_ _9\"></span>e use<span class=\"_ _9\"></span>d gen<span class=\"_ _9\"></span>erally to fin<span class=\"_ _9\"></span>ance th<span class=\"_ _9\"></span>e ope<span class=\"_ _9\"></span>ratio<span class=\"_ _9\"></span>ns of th<span class=\"_ _9\"></span>e Grou<span class=\"_ _9\"></span>p, the interes<span class=\"_ _9\"></span>t cap<span class=\"_ _9\"></span>italis<span class=\"_ _9\"></span>ed is c<span class=\"_ _9\"></span>alcul<span class=\"_ _9\"></span>ated<span class=\"_ _335\"> </span>using t<span class=\"_ _2\"></span>he Group<span class=\"_ _2\"></span>\u2019<span class=\"_ _11\"></span>s weight<span class=\"_ _2\"></span>ed average cost of borr<span class=\"_ _2\"></span>owings<span class=\"_ _11\"></span>. Interest is capital<span class=\"_ _11\"></span>ise<span class=\"_ _9\"></span>d from t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>e commencement of t<span class=\"_ _11\"></span>he development work u<span class=\"_ _11\"></span>ntil the<span class=\"_ _335\"> </span>date of pr<span class=\"_ _2\"></span>actical completion<span class=\"_ _2\"></span>. Certain int<span class=\"_ _2\"></span>ernal staff<span class=\"_ _2\"></span> and associated costs directly attributable t<span class=\"_ _2\"></span>o the managemen<span class=\"_ _2\"></span>t of maj<span class=\"_ _2\"></span>or schemes are<span class=\"_ _335\"> </span>also cap<span class=\"_ _9\"></span>italis<span class=\"_ _9\"></span>ed. The total s<span class=\"_ _9\"></span>taff an<span class=\"_ _9\"></span>d ass<span class=\"_ _9\"></span>ocia<span class=\"_ _9\"></span>ted c<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>ts are c<span class=\"_ _9\"></span>apitali<span class=\"_ _9\"></span>sed b<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>ed on th<span class=\"_ _9\"></span>e prop<span class=\"_ _9\"></span>or<span class=\"_ _a\"></span>tion of time s<span class=\"_ _9\"></span>pent o<span class=\"_ _9\"></span>n the re<span class=\"_ _9\"></span>levant sc<span class=\"_ _9\"></span>hem<span class=\"_ _9\"></span>e. Internal s<span class=\"_ _9\"></span>taff<span class=\"_ _335\"> </span>cos<span class=\"_ _9\"></span>ts a<span class=\"_ _9\"></span>re capi<span class=\"_ _9\"></span>talise<span class=\"_ _9\"></span>d from th<span class=\"_ _9\"></span>e date th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up dete<span class=\"_ _9\"></span>rmine<span class=\"_ _9\"></span>s it is p<span class=\"_ _9\"></span>rob<span class=\"_ _9\"></span>able th<span class=\"_ _9\"></span>at th<span class=\"_ _9\"></span>e develo<span class=\"_ _9\"></span>pme<span class=\"_ _9\"></span>nt will p<span class=\"_ _9\"></span>rogr<span class=\"_ _9\"></span>ess u<span class=\"_ _9\"></span>ntil the da<span class=\"_ _9\"></span>te of pr<span class=\"_ _9\"></span>ac<span class=\"_ _9\"></span>tica<span class=\"_ _9\"></span>l comp<span class=\"_ _9\"></span>let<span class=\"_ _9\"></span>ion.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "landsec:DescriptionOfAccountingPolicyForCapitalExpenditureAndCapitalisationOfBorrowingCosts",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-469": {
   "value": "TR<span class=\"_ _9\"></span>A<span class=\"_ _9\"></span>NSFER<span class=\"_ _9\"></span>S BET<span class=\"_ _9\"></span>WE<span class=\"_ _9\"></span>EN IN<span class=\"_ _9\"></span>VES<span class=\"_ _9\"></span>TME<span class=\"_ _9\"></span>NT PROPERTIES A<span class=\"_ _9\"></span>ND TR<span class=\"_ _9\"></span>A<span class=\"_ _9\"></span>DIN<span class=\"_ _9\"></span>G PROPERTIES<span class=\"_ _335\"> </span>When th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up be<span class=\"_ _9\"></span>gins to re<span class=\"_ _9\"></span>devel<span class=\"_ _9\"></span>op an exi<span class=\"_ _9\"></span>st<span class=\"_ _9\"></span>ing inves<span class=\"_ _9\"></span>tme<span class=\"_ _9\"></span>nt pro<span class=\"_ _9\"></span>per<span class=\"_ _a\"></span>ty fo<span class=\"_ _9\"></span>r continu<span class=\"_ _9\"></span>ed f<span class=\"_ _9\"></span>uture us<span class=\"_ _9\"></span>e as an inves<span class=\"_ _9\"></span>tm<span class=\"_ _9\"></span>ent pro<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>, the p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _335\"> </span>continu<span class=\"_ _9\"></span>es to b<span class=\"_ _9\"></span>e hel<span class=\"_ _9\"></span>d as an inves<span class=\"_ _9\"></span>tme<span class=\"_ _9\"></span>nt prop<span class=\"_ _9\"></span>er<span class=\"_ _a\"></span>ty<span class=\"_ _11\"></span>. Wh<span class=\"_ _9\"></span>en the G<span class=\"_ _9\"></span>roup b<span class=\"_ _9\"></span>egin<span class=\"_ _9\"></span>s to redeve<span class=\"_ _9\"></span>lop an ex<span class=\"_ _9\"></span>is<span class=\"_ _9\"></span>ting inves<span class=\"_ _9\"></span>tm<span class=\"_ _9\"></span>ent pr<span class=\"_ _9\"></span>ope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y wi<span class=\"_ _9\"></span>th a vi<span class=\"_ _9\"></span>ew to sell, the<span class=\"_ _335\"> </span>prop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y i<span class=\"_ _9\"></span>s trans<span class=\"_ _9\"></span>ferr<span class=\"_ _9\"></span>ed to trad<span class=\"_ _9\"></span>ing pro<span class=\"_ _9\"></span>per<span class=\"_ _a\"></span>ties and h<span class=\"_ _9\"></span>eld as a c<span class=\"_ _9\"></span>urren<span class=\"_ _9\"></span>t asse<span class=\"_ _9\"></span>t. The pro<span class=\"_ _9\"></span>per<span class=\"_ _a\"></span>ty i<span class=\"_ _9\"></span>s reme<span class=\"_ _9\"></span>asure<span class=\"_ _9\"></span>d to fair valu<span class=\"_ _9\"></span>e as at th<span class=\"_ _9\"></span>e date o<span class=\"_ _9\"></span>f the trans<span class=\"_ _9\"></span>fe<span class=\"_ _9\"></span>r<span class=\"_ _335\"> </span>with any gai<span class=\"_ _9\"></span>n or los<span class=\"_ _9\"></span>s be<span class=\"_ _9\"></span>ing taken to the inc<span class=\"_ _9\"></span>ome s<span class=\"_ _9\"></span>ta<span class=\"_ _9\"></span>temen<span class=\"_ _9\"></span>t. The reme<span class=\"_ _9\"></span>asur<span class=\"_ _9\"></span>ed amo<span class=\"_ _9\"></span>unt be<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>mes th<span class=\"_ _9\"></span>e de<span class=\"_ _9\"></span>eme<span class=\"_ _9\"></span>d cos<span class=\"_ _9\"></span>t at w<span class=\"_ _9\"></span>hich th<span class=\"_ _9\"></span>e pro<span class=\"_ _9\"></span>per<span class=\"_ _a\"></span>ty is th<span class=\"_ _9\"></span>en<span class=\"_ _335\"> </span>carried in<span class=\"_ _11\"></span> trading properties.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "landsec:DescriptionOfAccountingPolicyForTransfersBetweenInvestmentPropertiesAndTradingProperties",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-470": {
   "value": "DISP<span class=\"_ _9\"></span>OSAL OF PROPERTIE<span class=\"_ _9\"></span>S<span class=\"_ _335\"> </span>Prope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s are tre<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>d as disp<span class=\"_ _9\"></span>ose<span class=\"_ _9\"></span>d wh<span class=\"_ _9\"></span>en con<span class=\"_ _9\"></span>trol of th<span class=\"_ _9\"></span>e prop<span class=\"_ _9\"></span>er<span class=\"_ _a\"></span>ty is tra<span class=\"_ _9\"></span>nsf<span class=\"_ _9\"></span>erre<span class=\"_ _9\"></span>d to the bu<span class=\"_ _9\"></span>yer<span class=\"_ _11\"></span>. T<span class=\"_ _11\"></span>yp<span class=\"_ _9\"></span>icall<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>, this wi<span class=\"_ _9\"></span>ll eith<span class=\"_ _9\"></span>er oc<span class=\"_ _9\"></span>cur on un<span class=\"_ _9\"></span>condi<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>al<span class=\"_ _335\"> </span>exchange<span class=\"_ _11\"></span> or on completion.<span class=\"_ _2\"></span> Where completion is<span class=\"_ _11\"></span> exp<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>ted to<span class=\"_ _2\"></span> occur sign<span class=\"_ _2\"></span>ifican<span class=\"_ _2\"></span>tly after excha<span class=\"_ _2\"></span>nge,<span class=\"_ _2\"></span> or where the<span class=\"_ _2\"></span> Group cont<span class=\"_ _2\"></span>inues to<span class=\"_ _11\"></span> ha<span class=\"_ _9\"></span>ve<span class=\"_ _335\"> </span>signi<span class=\"_ _2\"></span>ficant outstanding<span class=\"_ _11\"></span> obligations after exchange<span class=\"_ _11\"></span>, the control wil<span class=\"_ _11\"></span>l not usually tra<span class=\"_ _2\"></span>nsfer to t<span class=\"_ _2\"></span>he buyer u<span class=\"_ _2\"></span>ntil com<span class=\"_ _2\"></span>pletion.<span class=\"_ _335\"> </span>The pro<span class=\"_ _9\"></span>fit on dis<span class=\"_ _9\"></span>pos<span class=\"_ _9\"></span>al is de<span class=\"_ _9\"></span>termin<span class=\"_ _9\"></span>ed a<span class=\"_ _9\"></span>s the differe<span class=\"_ _9\"></span>nce b<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>we<span class=\"_ _9\"></span>en th<span class=\"_ _9\"></span>e sale<span class=\"_ _9\"></span>s pro<span class=\"_ _9\"></span>cee<span class=\"_ _9\"></span>ds and th<span class=\"_ _9\"></span>e carr<span class=\"_ _a\"></span>ying amo<span class=\"_ _9\"></span>unt of the a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>t at th<span class=\"_ _9\"></span>e be<span class=\"_ _9\"></span>ginning o<span class=\"_ _9\"></span>f the<span class=\"_ _335\"> </span>accounting<span class=\"_ _11\"></span> p<span class=\"_ _9\"></span>eriod plus ca<span class=\"_ _2\"></span>pital e<span class=\"_ _2\"></span>xpenditure t<span class=\"_ _2\"></span>o the dat<span class=\"_ _2\"></span>e of dis<span class=\"_ _2\"></span>posal<span class=\"_ _2\"></span>. The pro<span class=\"_ _2\"></span>fit on dis<span class=\"_ _2\"></span>posal of in<span class=\"_ _11\"></span>ves<span class=\"_ _9\"></span>tment properties is presented separ<span class=\"_ _2\"></span>ately on<span class=\"_ _335\"> </span>the fac<span class=\"_ _9\"></span>e of the in<span class=\"_ _9\"></span>com<span class=\"_ _9\"></span>e sta<span class=\"_ _9\"></span>teme<span class=\"_ _9\"></span>nt. Proce<span class=\"_ _9\"></span>eds r<span class=\"_ _9\"></span>ece<span class=\"_ _9\"></span>ived o<span class=\"_ _9\"></span>n the sal<span class=\"_ _9\"></span>e of tradi<span class=\"_ _9\"></span>ng pro<span class=\"_ _9\"></span>per<span class=\"_ _a\"></span>ties are re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>gnise<span class=\"_ _9\"></span>d wi<span class=\"_ _9\"></span>thin Revenue, and the c<span class=\"_ _9\"></span>arr<span class=\"_ _9\"></span>y<span class=\"_ _9\"></span>ing value<span class=\"_ _335\"> </span>at the d<span class=\"_ _9\"></span>ate of di<span class=\"_ _9\"></span>spo<span class=\"_ _9\"></span>sal is re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>gnise<span class=\"_ _9\"></span>d wi<span class=\"_ _9\"></span>thin Cos<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "landsec:DescriptionOfAccountingPolicyForDisposalOfProperties",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-406": {
   "value": "<div class=\"t m0 ha2 ff1 fs7 fc0 sc0 ls163 ws1a0 gs2a4\">14<span class=\"_ _80\"> </span><span class=\"fc4 lsab ws199\">TR<span class=\"_ _a\"></span>ADI<span class=\"_ _9\"></span>NG PROPERTIE<span class=\"_ _9\"></span>S<span class=\"_ _335\"> </span></span></div><div class=\"gs2a5\"><table class=\"s w1c1 hde\" id=\"_dcf2b008-0b3d-459a-9150-b83ac4c3b506\"><tr><td></td><td class=\"t m0 x96a h15 y33cf ff2 fsd fc2 sc0 ls8c ws94\">Development </td><td></td><td></td></tr><tr><td></td><td class=\"t m0 x7c4 h15 y33d0 ff2 fsd fc2 sc0 ls78 ws7f\">land and </td><td></td><td></td></tr><tr><td></td><td class=\"t m0 x96b h15 y33d1 ff2 fsd fc2 sc0 ls78 ws7e\">infrastructure<span class=\"_ _335\"> </span></td><td class=\"t m0 x96c h15 y33d1 ff2 fsd fc2 sc0 ls1 ws1\">Residential<span class=\"_ _335\"> </span></td><td class=\"t m0 x33a h15 y33d1 ff2 fsd fc2 sc0 lsa4 wsb2\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24c h15 y33d2 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y33d2 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y33d2 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y330a w7f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">At 1 April 20<span class=\"_ _11\"></span>24<span class=\"_ _335\"> </span></div></td><td class=\"c n x96d y330a w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">72<span class=\"_ _335\"> </span></div></td><td class=\"c n x96e y330a w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td><td class=\"c n x96f y330a w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">100<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y330b w1c2 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls65 ws63\">Acquisitions<span class=\"_ _335\"> </span></div></td><td class=\"c n x970 y330b w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td><td class=\"c n x971 y330b w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x972 y330b w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32db w17f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls37 ws34\">Capital exp<span class=\"_ _9\"></span>enditure<span class=\"_ _335\"> </span></div></td><td class=\"c n x973 y32db w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n x974 y32db w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td><td class=\"c n x4e8 y32db w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32dc w180 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws33\">Capitalis<span class=\"_ _9\"></span>ed intere<span class=\"_ _9\"></span>st<span class=\"_ _335\"> </span></div></td><td class=\"c n x676 y32dc w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x975 y32dc w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x976 y32dc w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32dd w1c3 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls65 ws63\">Disposals<span class=\"_ _335\"> </span></div></td><td class=\"c n x977 y32dd w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(19)<span class=\"_ _335\"> </span></div></td><td class=\"c n x56a y32dd w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(7)<span class=\"_ _335\"> </span></div></td><td class=\"c n x978 y32dd w32 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(26)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32df w1c4 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls31 ws45\">Impairment provision<span class=\"_ _335\"> </span></div></td><td class=\"c n x979 y32df w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(4)<span class=\"_ _335\"> </span></div></td><td class=\"c n x97a y32df w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x97b y32df w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(4)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e0 w1c5 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">T<span class=\"_ _11\"></span>ransfer to<span class=\"_ _2\"></span> development<span class=\"_ _2\"></span> contract and tra<span class=\"_ _2\"></span>nsaction expenditure<span class=\"_ _335\"> </span></div></td><td class=\"c n x97c y32e0 w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(11)<span class=\"_ _335\"> </span></div></td><td class=\"c n x97d y32e0 w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x97e y32e0 w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(11)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e1 w8b hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">At 3<span class=\"_ _11\"></span>1 Marc<span class=\"_ _9\"></span>h 20<span class=\"_ _11\"></span>25<span class=\"_ _335\"> </span></div></td><td class=\"c n x3d5 y32e1 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">53<span class=\"_ _335\"> </span></div></td><td class=\"c n x97f y32e1 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td><td class=\"c n x8f5 y32e1 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">81<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e2 w1c6 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls19 ws29\">Capital exp<span class=\"_ _9\"></span>enditure<span class=\"_ _335\"> </span></div></td><td class=\"c n x973 y32e2 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n x974 y32e2 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x980 y32e2 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e3 w1c7 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls37 ws34\">Capitalised interest<span class=\"_ _335\"> </span></div></td><td class=\"c n x981 y32e3 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x982 y32e3 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x983 y32e3 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e4 w1c8 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls7e ws102\">Disposals<span class=\"_ _335\"> </span></div></td><td class=\"c n x984 y32e4 w37 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x985 y32e4 w2b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(30)<span class=\"_ _335\"> </span></div></td><td class=\"c n x986 y32e4 w27 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(30)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w1c9 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls37 ws34\">Impairment provision<span class=\"_ _335\"> </span></div></td><td class=\"c n x987 y32cc w8d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(3)<span class=\"_ _335\"> </span></div></td><td class=\"c n x988 y32cc w37 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x989 y32cc w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(3)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w90 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">At 3<span class=\"_ _11\"></span>1 Mar<span class=\"_ _9\"></span>ch 20<span class=\"_ _2\"></span>26<span class=\"_ _335\"> </span></div></td><td class=\"c n x98a y32cd w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">54<span class=\"_ _335\"> </span></div></td><td class=\"c n x98b y32cd w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x98c y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">56<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls81 ws1 gs2a6\">The cumu<span class=\"_ _9\"></span>lati<span class=\"_ _9\"></span>ve impa<span class=\"_ _9\"></span>irmen<span class=\"_ _9\"></span>t provi<span class=\"_ _9\"></span>sion a<span class=\"_ _9\"></span>t 31 March 2026 in respec<span class=\"_ _a\"></span>t of Devel<span class=\"_ _9\"></span>opm<span class=\"_ _9\"></span>ent lan<span class=\"_ _9\"></span>d and infras<span class=\"_ _9\"></span>tr<span class=\"_ _9\"></span>uc<span class=\"_ _9\"></span>ture wa<span class=\"_ _9\"></span>s <span class=\"ff2 ls7e ws102\">\u00a334m</span> (<span class=\"_ _9\"></span>2025: \u00a331<span class=\"_ _11\"></span>m)<span class=\"_ _1\"></span>; and in re<span class=\"_ _9\"></span>sp<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>t<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls81 ws1 gs2a7\">of Resid<span class=\"_ _9\"></span>ential wa<span class=\"_ _9\"></span>s <span class=\"ff2 ls22 ws21\">\u00a3nil</span> (2025: \u00a3nil)<span class=\"_ _1\"></span>.</div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfNoncurrentAssetsHeldForSaleAndDiscontinuedOperationsExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-378": {
   "value": "14<span class=\"_ _80\"> </span><span class=\"fc4 lsab ws199\">TR<span class=\"_ _a\"></span>ADI<span class=\"_ _9\"></span>NG PROPERTIE<span class=\"_ _9\"></span>S<span class=\"_ _335\"> </span></span><table class=\"s w1c1 hde\" id=\"_dcf2b008-0b3d-459a-9150-b83ac4c3b506\"><tr><td></td><td class=\"t m0 x96a h15 y33cf ff2 fsd fc2 sc0 ls8c ws94\">Development </td><td></td><td></td></tr><tr><td></td><td class=\"t m0 x7c4 h15 y33d0 ff2 fsd fc2 sc0 ls78 ws7f\">land and </td><td></td><td></td></tr><tr><td></td><td class=\"t m0 x96b h15 y33d1 ff2 fsd fc2 sc0 ls78 ws7e\">infrastructure<span class=\"_ _335\"> </span></td><td class=\"t m0 x96c h15 y33d1 ff2 fsd fc2 sc0 ls1 ws1\">Residential<span class=\"_ _335\"> </span></td><td class=\"t m0 x33a h15 y33d1 ff2 fsd fc2 sc0 lsa4 wsb2\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24c h15 y33d2 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y33d2 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y33d2 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y330a w7f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">At 1 April 20<span class=\"_ _11\"></span>24<span class=\"_ _335\"> </span></div></td><td class=\"c n x96d y330a w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">72<span class=\"_ _335\"> </span></div></td><td class=\"c n x96e y330a w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td><td class=\"c n x96f y330a w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">100<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y330b w1c2 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls65 ws63\">Acquisitions<span class=\"_ _335\"> </span></div></td><td class=\"c n x970 y330b w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td><td class=\"c n x971 y330b w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x972 y330b w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32db w17f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls37 ws34\">Capital exp<span class=\"_ _9\"></span>enditure<span class=\"_ _335\"> </span></div></td><td class=\"c n x973 y32db w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n x974 y32db w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td><td class=\"c n x4e8 y32db w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32dc w180 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws33\">Capitalis<span class=\"_ _9\"></span>ed intere<span class=\"_ _9\"></span>st<span class=\"_ _335\"> </span></div></td><td class=\"c n x676 y32dc w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x975 y32dc w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x976 y32dc w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32dd w1c3 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls65 ws63\">Disposals<span class=\"_ _335\"> </span></div></td><td class=\"c n x977 y32dd w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(19)<span class=\"_ _335\"> </span></div></td><td class=\"c n x56a y32dd w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(7)<span class=\"_ _335\"> </span></div></td><td class=\"c n x978 y32dd w32 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(26)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32df w1c4 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls31 ws45\">Impairment provision<span class=\"_ _335\"> </span></div></td><td class=\"c n x979 y32df w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(4)<span class=\"_ _335\"> </span></div></td><td class=\"c n x97a y32df w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x97b y32df w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(4)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e0 w1c5 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">T<span class=\"_ _11\"></span>ransfer to<span class=\"_ _2\"></span> development<span class=\"_ _2\"></span> contract and tra<span class=\"_ _2\"></span>nsaction expenditure<span class=\"_ _335\"> </span></div></td><td class=\"c n x97c y32e0 w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(11)<span class=\"_ _335\"> </span></div></td><td class=\"c n x97d y32e0 w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x97e y32e0 w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(11)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e1 w8b hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">At 3<span class=\"_ _11\"></span>1 Marc<span class=\"_ _9\"></span>h 20<span class=\"_ _11\"></span>25<span class=\"_ _335\"> </span></div></td><td class=\"c n x3d5 y32e1 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">53<span class=\"_ _335\"> </span></div></td><td class=\"c n x97f y32e1 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td><td class=\"c n x8f5 y32e1 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">81<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e2 w1c6 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls19 ws29\">Capital exp<span class=\"_ _9\"></span>enditure<span class=\"_ _335\"> </span></div></td><td class=\"c n x973 y32e2 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n x974 y32e2 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x980 y32e2 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e3 w1c7 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls37 ws34\">Capitalised interest<span class=\"_ _335\"> </span></div></td><td class=\"c n x981 y32e3 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x982 y32e3 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x983 y32e3 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e4 w1c8 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls7e ws102\">Disposals<span class=\"_ _335\"> </span></div></td><td class=\"c n x984 y32e4 w37 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x985 y32e4 w2b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(30)<span class=\"_ _335\"> </span></div></td><td class=\"c n x986 y32e4 w27 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(30)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w1c9 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls37 ws34\">Impairment provision<span class=\"_ _335\"> </span></div></td><td class=\"c n x987 y32cc w8d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(3)<span class=\"_ _335\"> </span></div></td><td class=\"c n x988 y32cc w37 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x989 y32cc w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(3)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w90 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">At 3<span class=\"_ _11\"></span>1 Mar<span class=\"_ _9\"></span>ch 20<span class=\"_ _2\"></span>26<span class=\"_ _335\"> </span></div></td><td class=\"c n x98a y32cd w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">54<span class=\"_ _335\"> </span></div></td><td class=\"c n x98b y32cd w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x98c y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">56<span class=\"_ _335\"> </span></div></td></tr></table>The cumu<span class=\"_ _9\"></span>lati<span class=\"_ _9\"></span>ve impa<span class=\"_ _9\"></span>irmen<span class=\"_ _9\"></span>t provi<span class=\"_ _9\"></span>sion a<span class=\"_ _9\"></span>t 31 March 2026 in respec<span class=\"_ _a\"></span>t of Devel<span class=\"_ _9\"></span>opm<span class=\"_ _9\"></span>ent lan<span class=\"_ _9\"></span>d and infras<span class=\"_ _9\"></span>tr<span class=\"_ _9\"></span>uc<span class=\"_ _9\"></span>ture wa<span class=\"_ _9\"></span>s <span class=\"ff2 ls7e ws102\">\u00a334m</span> (<span class=\"_ _9\"></span>2025: \u00a331<span class=\"_ _11\"></span>m)<span class=\"_ _1\"></span>; and in re<span class=\"_ _9\"></span>sp<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>t<span class=\"_ _335\"> </span>of Resid<span class=\"_ _9\"></span>ential wa<span class=\"_ _9\"></span>s <span class=\"ff2 ls22 ws21\">\u00a3nil</span> (2025: \u00a3nil)<span class=\"_ _1\"></span>.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-407": {
   "value": "<div class=\"t m0 ha2 ff1 fs7 fc0 sc0 ls164 ws1a1 gs2aa\">15<span class=\"_ _118\"> </span><span class=\"fc4 lsd2 wsf3\">JOINT ARR<span class=\"_ _9\"></span>ANGEMENTS<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h4a ff1 fs1 fc0 sc0 ls1 ws1 gs2ab\">A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs2ac\">Joint ar<span class=\"_ _9\"></span>range<span class=\"_ _9\"></span>ment<span class=\"_ _9\"></span>s are th<span class=\"_ _9\"></span>ose en<span class=\"_ _9\"></span>titie<span class=\"_ _9\"></span>s over wh<span class=\"_ _9\"></span>ose a<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tiv<span class=\"_ _9\"></span>itie<span class=\"_ _9\"></span>s the Gro<span class=\"_ _9\"></span>up has j<span class=\"_ _9\"></span>oint co<span class=\"_ _9\"></span>ntrol, es<span class=\"_ _9\"></span>tabli<span class=\"_ _9\"></span>she<span class=\"_ _9\"></span>d by contra<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tual a<span class=\"_ _9\"></span>gree<span class=\"_ _9\"></span>men<span class=\"_ _9\"></span>t. Interes<span class=\"_ _9\"></span>ts in j<span class=\"_ _9\"></span>oint<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs2ad\">arrang<span class=\"_ _9\"></span>eme<span class=\"_ _9\"></span>nts ar<span class=\"_ _9\"></span>e acco<span class=\"_ _9\"></span>unted fo<span class=\"_ _9\"></span>r as ei<span class=\"_ _9\"></span>ther a j<span class=\"_ _9\"></span>oint ventu<span class=\"_ _9\"></span>re or a jo<span class=\"_ _9\"></span>int op<span class=\"_ _9\"></span>erati<span class=\"_ _9\"></span>on. The trea<span class=\"_ _9\"></span>tme<span class=\"_ _9\"></span>nt as ei<span class=\"_ _9\"></span>ther a j<span class=\"_ _9\"></span>oint ventu<span class=\"_ _9\"></span>re or a joi<span class=\"_ _9\"></span>nt ope<span class=\"_ _9\"></span>rati<span class=\"_ _9\"></span>on will<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs2ae\">dep<span class=\"_ _9\"></span>end o<span class=\"_ _9\"></span>n whe<span class=\"_ _9\"></span>the<span class=\"_ _9\"></span>r the Gro<span class=\"_ _9\"></span>up has ri<span class=\"_ _9\"></span>ghts to th<span class=\"_ _9\"></span>e ne<span class=\"_ _9\"></span>t ass<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s, or a dire<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t in the as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ts an<span class=\"_ _9\"></span>d liabili<span class=\"_ _9\"></span>ties o<span class=\"_ _9\"></span>f the arran<span class=\"_ _9\"></span>gem<span class=\"_ _9\"></span>ent.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls3c ws1 gs2af\">A joint arr<span class=\"_ _9\"></span>ange<span class=\"_ _9\"></span>ment i<span class=\"_ _9\"></span>s acco<span class=\"_ _9\"></span>unted f<span class=\"_ _9\"></span>or as a jo<span class=\"_ _9\"></span>int ventur<span class=\"_ _9\"></span>e whe<span class=\"_ _9\"></span>n the Gro<span class=\"_ _9\"></span>up, along w<span class=\"_ _9\"></span>ith the o<span class=\"_ _9\"></span>ther p<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>es tha<span class=\"_ _9\"></span>t have j<span class=\"_ _9\"></span>oint co<span class=\"_ _9\"></span>ntrol o<span class=\"_ _9\"></span>f the arran<span class=\"_ _9\"></span>gem<span class=\"_ _9\"></span>ent,<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs2b0\">has rig<span class=\"_ _9\"></span>hts to th<span class=\"_ _9\"></span>e net a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>ts o<span class=\"_ _9\"></span>f the arra<span class=\"_ _9\"></span>ngem<span class=\"_ _9\"></span>ent. Intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>ts in jo<span class=\"_ _9\"></span>int ventur<span class=\"_ _9\"></span>es are a<span class=\"_ _9\"></span>ccoun<span class=\"_ _9\"></span>ted fo<span class=\"_ _9\"></span>r using th<span class=\"_ _9\"></span>e equi<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y me<span class=\"_ _9\"></span>tho<span class=\"_ _9\"></span>d of acc<span class=\"_ _9\"></span>ounting. The e<span class=\"_ _9\"></span>quit<span class=\"_ _9\"></span>y<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs2b1\">meth<span class=\"_ _9\"></span>od re<span class=\"_ _9\"></span>quire<span class=\"_ _9\"></span>s the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _11\"></span>s s<span class=\"_ _9\"></span>hare of th<span class=\"_ _9\"></span>e joint ve<span class=\"_ _9\"></span>nture\u2019<span class=\"_ _11\"></span>s p<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>t-tax profi<span class=\"_ _9\"></span>t or los<span class=\"_ _9\"></span>s for th<span class=\"_ _9\"></span>e year to b<span class=\"_ _9\"></span>e pres<span class=\"_ _9\"></span>ente<span class=\"_ _9\"></span>d sep<span class=\"_ _9\"></span>arate<span class=\"_ _9\"></span>ly in the i<span class=\"_ _9\"></span>ncom<span class=\"_ _9\"></span>e s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs2b2\">and the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _11\"></span>s s<span class=\"_ _9\"></span>hare of th<span class=\"_ _9\"></span>e joint ve<span class=\"_ _9\"></span>nture\u2019<span class=\"_ _11\"></span>s n<span class=\"_ _9\"></span>et a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>ts to b<span class=\"_ _9\"></span>e pre<span class=\"_ _9\"></span>sen<span class=\"_ _9\"></span>ted se<span class=\"_ _9\"></span>para<span class=\"_ _9\"></span>tely in th<span class=\"_ _9\"></span>e bal<span class=\"_ _9\"></span>ance sh<span class=\"_ _9\"></span>ee<span class=\"_ _9\"></span>t.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs2b3\">A joint arr<span class=\"_ _9\"></span>ange<span class=\"_ _9\"></span>ment i<span class=\"_ _9\"></span>s acco<span class=\"_ _9\"></span>unted f<span class=\"_ _9\"></span>or as a jo<span class=\"_ _9\"></span>int op<span class=\"_ _9\"></span>erati<span class=\"_ _9\"></span>on wh<span class=\"_ _9\"></span>en the G<span class=\"_ _9\"></span>roup, along w<span class=\"_ _9\"></span>ith th<span class=\"_ _9\"></span>e par<span class=\"_ _a\"></span>ties tha<span class=\"_ _9\"></span>t have jo<span class=\"_ _9\"></span>int con<span class=\"_ _9\"></span>trol of th<span class=\"_ _9\"></span>e arrang<span class=\"_ _9\"></span>eme<span class=\"_ _9\"></span>nt,<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs2b4\">has rig<span class=\"_ _9\"></span>hts to th<span class=\"_ _9\"></span>e ass<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s and ob<span class=\"_ _9\"></span>liga<span class=\"_ _9\"></span>tions f<span class=\"_ _9\"></span>or the li<span class=\"_ _9\"></span>abiliti<span class=\"_ _9\"></span>es re<span class=\"_ _9\"></span>latin<span class=\"_ _9\"></span>g to the arran<span class=\"_ _9\"></span>gem<span class=\"_ _9\"></span>ent. The Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s sh<span class=\"_ _9\"></span>are of jo<span class=\"_ _9\"></span>intly co<span class=\"_ _9\"></span>ntroll<span class=\"_ _9\"></span>ed as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ts, re<span class=\"_ _9\"></span>late<span class=\"_ _9\"></span>d<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs2b5\">liabili<span class=\"_ _9\"></span>ties, in<span class=\"_ _9\"></span>come a<span class=\"_ _9\"></span>nd exp<span class=\"_ _9\"></span>ens<span class=\"_ _9\"></span>es are c<span class=\"_ _9\"></span>ombin<span class=\"_ _9\"></span>ed w<span class=\"_ _9\"></span>ith the e<span class=\"_ _9\"></span>qui<span class=\"_ _9\"></span>valent i<span class=\"_ _9\"></span>tems in th<span class=\"_ _9\"></span>e financ<span class=\"_ _9\"></span>ial s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s on a line<span class=\"_ _9\"></span>-by-line basis.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs2b6\">The Group<span class=\"_ _2\"></span>\u2019<span class=\"_ _11\"></span>s principa<span class=\"_ _2\"></span>l joint<span class=\"_ _2\"></span> arrangements a<span class=\"_ _2\"></span>re described below<span class=\"_ _2\"></span>:<span class=\"_ _335\"> </span></div><div class=\"gs2b7\"><table class=\"s w1ca hdf\" id=\"_319c2fb7-5484-4be2-b456-c96fab11de74\"><tr><td class=\"c x24f y33d3 w1cb hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls87 ws8b\">Joint venture<span class=\"_ _9\"></span>s</div><div class=\"t m0 x98d h48 y3267 ff2 fs39 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"t m0 x98e h15 y33d4 ff2 fsd fc2 sc0 ls41 ws36\">Percen<span class=\"_ _2\"></span>tage o<span class=\"_ _11\"></span>wned </td><td class=\"c n x98f y33d3 w1cc hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls1 ws8e\">Business segment<span class=\"_ _335\"> </span></div></td><td class=\"c x991 y33d3 w1cd hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls74 ws1\">Year en<span class=\"_ _9\"></span>d da<span class=\"_ _9\"></span>te</div><div class=\"t m0 x990 h48 y3267 ff2 fs39 fc2 sc0 ls1 ws1\">3</div></td><td class=\"t m0 x2b8 h15 y33d4 ff2 fsd fc2 sc0 ls1 ws1\"> <span class=\"_ _1c5\"> </span><span class=\"ls41 ws36\">Joint vent<span class=\"_ _11\"></span>ure partner<span class=\"_ _335\"> </span></span></td></tr><tr><td></td><td class=\"c x993 y33d5 w1ce hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls74 ws1\">&amp;<span class=\"_ gs2b8\"> </span>votin<span class=\"_ _9\"></span>g rig<span class=\"_ _9\"></span>hts</div><div class=\"t m0 x992 h48 y3267 ff2 fs39 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td></tr><tr><td class=\"t m0 x297 h9 y33d6 ff2 fs6 fc2 sc0 ls22 ws1\">Hel<span class=\"_ _9\"></span>d at 31 March 20<span class=\"_ _11\"></span>26<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x24f y33d7 w1cf hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Nova<span class=\"_ _11\"></span>, Vic<span class=\"_ _9\"></span>toria</div><div class=\"t m0 x994 h16 y32a3 ff3 fse fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n x993 y33d7 w1d0 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls4b wsd0\">50%<span class=\"_ _335\"> </span></div></td><td class=\"c n x995 y33d7 w1d1 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws48\">Office-led<span class=\"_ _335\"> </span></div></td><td class=\"c n x996 y33d7 w1d2 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls136 ws1e\">31<span class=\"_ _9\"></span> M<span class=\"_ _a\"></span>a<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>c<span class=\"_ _a\"></span>h<span class=\"_ _335\"> </span></div></td><td class=\"c n x997 y33d7 w1d3 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">S<span class=\"_ _9\"></span>untec Re<span class=\"_ _9\"></span>al Es<span class=\"_ _9\"></span>tate Inve<span class=\"_ _9\"></span>stm<span class=\"_ _9\"></span>ent T<span class=\"_ _2\"></span>rus<span class=\"_ _9\"></span>t<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y33d8 w1d4 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws33\">South<span class=\"_ _9\"></span>side Limite<span class=\"_ _9\"></span>d Partn<span class=\"_ _9\"></span>ership<span class=\"_ _335\"> </span></div></td><td class=\"c n x998 y33d8 w1d0 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls4b wsd0\">50%<span class=\"_ _335\"> </span></div></td><td class=\"c n x999 y33d8 w1d5 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls26 ws25\">Retai<span class=\"_ _9\"></span>l-le<span class=\"_ _9\"></span>d<span class=\"_ _335\"> </span></div></td><td class=\"c n x99a y33d8 w1d6 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls136 ws1e\">31<span class=\"_ _9\"></span> M<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>r<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>h<span class=\"_ _335\"> </span></div></td><td class=\"c n x99b y33d8 w1d7 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Inve<span class=\"_ _9\"></span>sco Real E<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>tate Europ<span class=\"_ _9\"></span>ean Fund<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y33d9 w1d8 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws33\">Westgate O<span class=\"_ _9\"></span>x<span class=\"_ _9\"></span>ford Allianc<span class=\"_ _9\"></span>e Limited Par<span class=\"_ _9\"></span>tner<span class=\"_ _9\"></span>ship<span class=\"_ _335\"> </span></div></td><td class=\"c n x99c y33d9 w1d0 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls4b wsd0\">50%<span class=\"_ _335\"> </span></div></td><td class=\"c n x99d y33d9 w1d9 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls26 ws25\">Retail-l<span class=\"_ _9\"></span>e<span class=\"_ _9\"></span>d<span class=\"_ _335\"> </span></div></td><td class=\"c n x99e y33d9 w1da hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls136 ws1e\">31<span class=\"_ _a\"></span> M<span class=\"_ _9\"></span>a<span class=\"_ _9\"></span>r<span class=\"_ _a\"></span>c<span class=\"_ _9\"></span>h<span class=\"_ _335\"> </span></div></td><td class=\"c n x99f y33d9 w1db hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">The C<span class=\"_ _9\"></span>rown E<span class=\"_ _9\"></span>sta<span class=\"_ _9\"></span>te Com<span class=\"_ _9\"></span>mis<span class=\"_ _9\"></span>sion<span class=\"_ _9\"></span>ers<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y33da w1dc hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Har<span class=\"_ _9\"></span>ve<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t</div><div class=\"t m0 x9a0 h16 y32a3 ff3 fse fc2 sc0 ls165 ws1a2\">5,7<span class=\"_ _335\"> </span></div></td><td class=\"c n x993 y33da w1d0 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls4b wsd0\">50%<span class=\"_ _335\"> </span></div></td><td class=\"c n x995 y33da w1dd hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other assets<span class=\"_ _335\"> </span></div></td><td class=\"c n x9a1 y33da w1de hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls136 ws1e\">31<span class=\"_ _9\"></span> M<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>r<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>h<span class=\"_ _335\"> </span></div></td><td class=\"c n x9a2 y33da w1df hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">J S<span class=\"_ _9\"></span>ainsb<span class=\"_ _9\"></span>ur<span class=\"_ _9\"></span>y pl<span class=\"_ _9\"></span>c<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y33db w1e0 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws33\">The Ebbsfle<span class=\"_ _9\"></span>et Limi<span class=\"_ _9\"></span>ted Par<span class=\"_ _9\"></span>tners<span class=\"_ _9\"></span>hip</div><div class=\"t m0 x9a3 h16 y32a9 ff3 fse fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n x993 y33db w1d0 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls4b wsd0\">50%<span class=\"_ _335\"> </span></div></td><td class=\"c n x995 y33db w1dd hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other assets<span class=\"_ _335\"> </span></div></td><td class=\"c n x9a1 y33db w1de hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls136 ws1e\">31<span class=\"_ _9\"></span> M<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>r<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>h<span class=\"_ _335\"> </span></div></td><td class=\"c n x9a2 y33db w1e1 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Ebbsfleet Proper<span class=\"_ _9\"></span>ty Limited<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y33dc w1e2 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">West Indi<span class=\"_ _9\"></span>a Qu<span class=\"_ _9\"></span>ay Unit Trust</div><div class=\"t m0 x9a4 h16 y32a3 ff3 fse fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n x993 y33dc w1d0 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls4b wsd0\">50%<span class=\"_ _335\"> </span></div></td><td class=\"c n x995 y33dc w1dd hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other assets<span class=\"_ _335\"> </span></div></td><td class=\"c n x9a1 y33dc w1de hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls136 ws1e\">31<span class=\"_ _9\"></span> M<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>r<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>h<span class=\"_ _335\"> </span></div></td><td class=\"c n x9a2 y33dc w1e3 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">S<span class=\"_ _9\"></span>chro<span class=\"_ _9\"></span>der UK Re<span class=\"_ _9\"></span>al Es<span class=\"_ _9\"></span>tate Fund<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y33dd w1e4 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws48\">Mayfield</div><div class=\"t m0 x9a5 h16 y32a3 ff3 fse fc2 sc0 ls165 ws1a2\">6,7<span class=\"_ _335\"> </span></div></td><td class=\"c n x993 y33de w1d0 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls4b wsd0\">50%<span class=\"_ _335\"> </span></div></td><td class=\"c n x995 y33de w1e5 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws48\">Resident<span class=\"_ _11\"></span>ial-led<span class=\"_ _335\"> </span></div></td><td class=\"c n x9a6 y33de w1d2 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls136 ws1e\">31<span class=\"_ _9\"></span> M<span class=\"_ _a\"></span>a<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>c<span class=\"_ _a\"></span>h<span class=\"_ _335\"> </span></div></td><td class=\"c n x9a7 y33de w1e6 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">L<span class=\"_ _2\"></span>CR Li<span class=\"_ _11\"></span>mited, Manchester City Council<span class=\"_ _2\"></span>,<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td></td><td></td><td></td><td class=\"t m0 x9a8 h9 y33df ff3 fs6 fc2 sc0 ls29 ws28\">T<span class=\"_ _11\"></span>ransport for Greater Manchester<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c x24f y33e0 w1e7 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws33\">Curzo<span class=\"_ _9\"></span>n Park Limited</div><div class=\"t m0 x9a9 h16 y32a3 ff3 fse fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n x993 y33e1 w1d0 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls4b wsd0\">50%<span class=\"_ _335\"> </span></div></td><td class=\"c n x995 y33e1 w1dd hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other assets<span class=\"_ _335\"> </span></div></td><td class=\"c n x9a1 y33e1 w1de hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls136 ws1e\">31<span class=\"_ _9\"></span> M<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>r<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>h<span class=\"_ _335\"> </span></div></td><td class=\"c n x9a2 y33e1 w1e8 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Der<span class=\"_ _9\"></span>went Developments (<span class=\"_ _11\"></span>Curzon<span class=\"_ _11\"></span>)<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td></td><td></td><td></td><td class=\"t m0 x9a8 h9 y33e2 ff3 fs6 fc2 sc0 ls36 ws77\">Limited<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c x24f y33e3 w1e9 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls37 ws34\">Landmark Cour<span class=\"_ _a\"></span>t P<span class=\"_ _11\"></span>ar<span class=\"_ _a\"></span>tnership Limite<span class=\"_ _9\"></span>d</div><div class=\"t m0 x9aa h16 y32a3 ff3 fse fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n x993 y33e3 w1ea hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls12d ws161\">5<span class=\"_ _9\"></span>1%<span class=\"_ _335\"> </span></div></td><td class=\"c n x9ab y33e3 w1d1 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws48\">Office-led<span class=\"_ _335\"> </span></div></td><td class=\"c n x9ac y33e3 w1da hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls136 ws1e\">31<span class=\"_ _9\"></span> M<span class=\"_ _a\"></span>a<span class=\"_ _9\"></span>r<span class=\"_ _a\"></span>c<span class=\"_ _9\"></span>h<span class=\"_ _335\"> </span></div></td><td class=\"c n x9ad y33e3 w1eb hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">T<span class=\"_ _9\"></span>TL Landma<span class=\"_ _9\"></span>rk Cour<span class=\"_ _a\"></span>t Proper<span class=\"_ _a\"></span>ties Limi<span class=\"_ _9\"></span>ted<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y32e4 w1ec hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Oppor<span class=\"_ _9\"></span>tunities for<span class=\"_ _2\"></span> Sittingbourne Lim<span class=\"_ _2\"></span>ited</div><div class=\"t m0 x9ae h16 y32a9 ff3 fse fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n x993 y32e4 w1d0 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls4b wsd0\">50%<span class=\"_ _335\"> </span></div></td><td class=\"c n x995 y32e4 w1dd hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other assets<span class=\"_ _335\"> </span></div></td><td class=\"c n x9a1 y32e4 w1de hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls136 ws1e\">31<span class=\"_ _9\"></span> M<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>r<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>h<span class=\"_ _335\"> </span></div></td><td class=\"c n x9a2 y32e4 w1ed hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Swale Borough Cou<span class=\"_ _2\"></span>ncil<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y3356 w1ee hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls49 ws48\">Ca<span class=\"_ _9\"></span>the<span class=\"_ _9\"></span>dr<span class=\"_ _9\"></span>al (Mo<span class=\"_ _9\"></span>vem<span class=\"_ _9\"></span>en<span class=\"_ _9\"></span>t, Gr<span class=\"_ _9\"></span>e<span class=\"_ _9\"></span>enw<span class=\"_ _9\"></span>ic<span class=\"_ _9\"></span>h<span class=\"_ _11\"></span>) LLP</div><div class=\"t m0 x9af h16 y32a3 ff3 fse fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n x993 y3356 w1ef hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls20 ws1e\">52%<span class=\"_ _335\"> </span></div></td><td class=\"c n x9b0 y3356 w1dd hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other assets<span class=\"_ _335\"> </span></div></td><td class=\"c n x9b1 y3356 w1d2 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls136 ws1e\">31<span class=\"_ _9\"></span> M<span class=\"_ _a\"></span>a<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>c<span class=\"_ _a\"></span>h<span class=\"_ _335\"> </span></div></td><td class=\"c n x9b2 y3356 w1f0 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls37 ws34\">Mr Ri<span class=\"_ _9\"></span>chard Upton<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y33e4 w1f1 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Circus Stre<span class=\"_ _9\"></span>et D<span class=\"_ _9\"></span>evelop<span class=\"_ _9\"></span>men<span class=\"_ _9\"></span>ts Limi<span class=\"_ _9\"></span>ted</div><div class=\"t m0 x9b3 h16 y32a3 ff3 fse fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n x993 y32cd w1d0 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls4b wsd0\">50%<span class=\"_ _335\"> </span></div></td><td class=\"c n x995 y32cd w1dd hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other assets<span class=\"_ _335\"> </span></div></td><td class=\"c n x9a1 y32cd w1de hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls136 ws1e\">31<span class=\"_ _9\"></span> M<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>r<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>h<span class=\"_ _335\"> </span></div></td><td class=\"c n x9a2 y32cd w1f2 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws33\">High W<span class=\"_ _9\"></span>ire Brighton Lim<span class=\"_ _9\"></span>ited<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"gs2b9\"><table class=\"s w1f3 he0\" id=\"_aaaa7206-0791-475b-838d-6cfb942f7d6b\"><tr><td class=\"c n x24f y33e5 w1f4 hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls1 ws8e\">Joint operation<span class=\"_ _335\"> </span></div></td><td class=\"c n x9b4 y33e5 w1f5 hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls41 ws36\">Ownership i<span class=\"_ _2\"></span>nterest<span class=\"_ _335\"> </span></div></td><td class=\"c n x9b5 y33e5 w1f6 hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls1 ws8e\">B<span class=\"_ _9\"></span>usiness segment<span class=\"_ _335\"> </span></div></td><td class=\"c x287 y33e5 w1f7 hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls74 ws1\">Year en<span class=\"_ _9\"></span>d dat<span class=\"_ _9\"></span>e</div><div class=\"t m0 x9b6 h48 y3375 ff2 fs39 fc2 sc0 ls1 ws1\">3</div></td><td class=\"t m0 x9a8 h15 y33e6 ff2 fsd fc2 sc0 ls41 ws36\">Joint<span class=\"_ _2\"></span> operation<span class=\"_ _11\"></span> par<span class=\"_ _9\"></span>tners<span class=\"_ _335\"> </span></td></tr><tr><td class=\"t m0 x297 h9 y33e7 ff2 fs6 fc2 sc0 ls22 ws1\">Hel<span class=\"_ _9\"></span>d at 31 March 20<span class=\"_ _11\"></span>26<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y33e8 w1f8 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Bluewater<span class=\"_ _1\"></span>, Kent<span class=\"_ _335\"> </span></div></td><td class=\"c n x9b7 y33e8 w1f9 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls92 ws9d\">64%<span class=\"_ _335\"> </span></div></td><td class=\"c n x9b8 y33e8 w1d9 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls26 ws25\">Reta<span class=\"_ _9\"></span>il-le<span class=\"_ _9\"></span>d<span class=\"_ _335\"> </span></div></td><td class=\"c n x9b9 y33e8 w1d2 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls136 ws1e\">31<span class=\"_ _9\"></span> M<span class=\"_ _a\"></span>a<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>c<span class=\"_ _a\"></span>h<span class=\"_ _335\"> </span></div></td><td class=\"c n x9ba y33e8 w1fa hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">M<span class=\"_ _9\"></span>&amp;G Real Es<span class=\"_ _9\"></span>ta<span class=\"_ _9\"></span>te,<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td></td><td></td><td></td><td class=\"t m0 x9a8 h9 y33e9 ff3 fs6 fc2 sc0 ls29 ws28\">Ro<span class=\"_ _2\"></span>yal<span class=\"_ _2\"></span> London Asset Management,<span class=\"_ _335\"> </span></td></tr><tr><td></td><td></td><td></td><td></td><td class=\"t m0 x9a8 h9 y33ea ff3 fs6 fc2 sc0 ls22 ws1\">Schro<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>rs Ca<span class=\"_ _9\"></span>pital Real E<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>tate<span class=\"_ _335\"> </span></td></tr></table></div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls5 ws1 gs2ba\">1. <span class=\"_ _9\"></span>Re<span class=\"_ _9\"></span>fer to A<span class=\"_ _9\"></span>ddi<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>ona<span class=\"_ _9\"></span>l info<span class=\"_ _9\"></span>rm<span class=\"_ _9\"></span>ati<span class=\"_ _9\"></span>on p<span class=\"_ _9\"></span>ag<span class=\"_ _9\"></span>es 164<span class=\"_ _9\"></span>-<span class=\"_ _11\"></span>16<span class=\"_ _11\"></span>7 fo<span class=\"_ _9\"></span>r th<span class=\"_ _9\"></span>e full l<span class=\"_ _9\"></span>is<span class=\"_ _9\"></span>t of t<span class=\"_ _9\"></span>he G<span class=\"_ _9\"></span>rou<span class=\"_ _9\"></span>p\u2019<span class=\"_ _2\"></span>s rel<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>d un<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tak<span class=\"_ _9\"></span>ing<span class=\"_ _9\"></span>s.<span class=\"_ _335\"> </span></div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls5 ws1 gs2bb\">2<span class=\"_ _2\"></span>. <span class=\"_ _a\"></span>Inve<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>tme<span class=\"_ _9\"></span>nt<span class=\"_ _9\"></span>s und<span class=\"_ _9\"></span>er j<span class=\"_ _9\"></span>oin<span class=\"_ _9\"></span>t arra<span class=\"_ _9\"></span>ng<span class=\"_ _9\"></span>em<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s ar<span class=\"_ _9\"></span>e no<span class=\"_ _9\"></span>t alw<span class=\"_ _9\"></span>ays r<span class=\"_ _9\"></span>ep<span class=\"_ _9\"></span>re<span class=\"_ _9\"></span>sen<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d by an e<span class=\"_ _9\"></span>qua<span class=\"_ _9\"></span>l pe<span class=\"_ _9\"></span>rce<span class=\"_ _9\"></span>nta<span class=\"_ _9\"></span>ge ho<span class=\"_ _9\"></span>ld<span class=\"_ _9\"></span>ing by e<span class=\"_ _9\"></span>ac<span class=\"_ _9\"></span>h pa<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tn<span class=\"_ _9\"></span>er<span class=\"_ _11\"></span>. I<span class=\"_ _9\"></span>n a numb<span class=\"_ _9\"></span>e<span class=\"_ _9\"></span>r of jo<span class=\"_ _9\"></span>int ve<span class=\"_ _9\"></span>ntu<span class=\"_ _9\"></span>re<span class=\"_ _9\"></span>s tha<span class=\"_ _9\"></span>t are n<span class=\"_ _9\"></span>ot c<span class=\"_ _9\"></span>on<span class=\"_ _9\"></span>sid<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>ed<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls5 ws1 gs2bc\">pri<span class=\"_ _9\"></span>nci<span class=\"_ _9\"></span>pal j<span class=\"_ _9\"></span>oin<span class=\"_ _9\"></span>t ven<span class=\"_ _9\"></span>tur<span class=\"_ _9\"></span>es an<span class=\"_ _9\"></span>d the<span class=\"_ _9\"></span>re<span class=\"_ _9\"></span>for<span class=\"_ _9\"></span>e no<span class=\"_ _9\"></span>t in<span class=\"_ _9\"></span>clu<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>d in th<span class=\"_ _9\"></span>e tab<span class=\"_ _9\"></span>le ab<span class=\"_ _9\"></span>ove, th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up h<span class=\"_ _9\"></span>ol<span class=\"_ _9\"></span>ds a maj<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>y sh<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>eho<span class=\"_ _9\"></span>ld<span class=\"_ _9\"></span>ing b<span class=\"_ _9\"></span>ut h<span class=\"_ _9\"></span>as jo<span class=\"_ _9\"></span>int c<span class=\"_ _9\"></span>on<span class=\"_ _9\"></span>trol a<span class=\"_ _9\"></span>nd th<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>efo<span class=\"_ _9\"></span>re th<span class=\"_ _9\"></span>e ar<span class=\"_ _9\"></span>rang<span class=\"_ _9\"></span>em<span class=\"_ _9\"></span>en<span class=\"_ _9\"></span>t is<span class=\"_ _335\"> </span> </div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls5 ws1 gs2bd\">acc<span class=\"_ _9\"></span>oun<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d for a<span class=\"_ _9\"></span>s a joi<span class=\"_ _9\"></span>nt ve<span class=\"_ _9\"></span>ntur<span class=\"_ _9\"></span>e.<span class=\"_ _335\"> </span> </div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls5 ws1 gs2be\">3<span class=\"_ _11\"></span>. <span class=\"_ _32\"> </span>Th<span class=\"_ _9\"></span>e yea<span class=\"_ _9\"></span>r end d<span class=\"_ _9\"></span>at<span class=\"_ _9\"></span>e sho<span class=\"_ _9\"></span>wn i<span class=\"_ _9\"></span>s the a<span class=\"_ _9\"></span>cco<span class=\"_ _9\"></span>unt<span class=\"_ _9\"></span>ing r<span class=\"_ _9\"></span>efe<span class=\"_ _9\"></span>re<span class=\"_ _9\"></span>nc<span class=\"_ _9\"></span>e da<span class=\"_ _9\"></span>te of th<span class=\"_ _9\"></span>e jo<span class=\"_ _9\"></span>int ar<span class=\"_ _9\"></span>ran<span class=\"_ _9\"></span>ge<span class=\"_ _9\"></span>me<span class=\"_ _9\"></span>nt. In all c<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>es, th<span class=\"_ _9\"></span>e Gr<span class=\"_ _9\"></span>oup\u2019s acco<span class=\"_ _9\"></span>unt<span class=\"_ _9\"></span>ing i<span class=\"_ _9\"></span>s pe<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>fo<span class=\"_ _9\"></span>rme<span class=\"_ _9\"></span>d us<span class=\"_ _9\"></span>ing fi<span class=\"_ _9\"></span>nan<span class=\"_ _9\"></span>cia<span class=\"_ _9\"></span>l info<span class=\"_ _9\"></span>rm<span class=\"_ _9\"></span>ati<span class=\"_ _9\"></span>on fo<span class=\"_ _9\"></span>r th<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span> </div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls5 ws1 gs2bf\">Gro<span class=\"_ _9\"></span>up\u2019s own re<span class=\"_ _9\"></span>po<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tin<span class=\"_ _9\"></span>g yea<span class=\"_ _9\"></span>r and r<span class=\"_ _9\"></span>ep<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>ing d<span class=\"_ _9\"></span>ate.<span class=\"_ _335\"> </span></div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls5 ws1 gs2c0\">4. <span class=\"_ _9\"></span>N<span class=\"_ _9\"></span>ova, Vi<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tor<span class=\"_ _9\"></span>ia in<span class=\"_ _9\"></span>clu<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>s th<span class=\"_ _9\"></span>e Nova L<span class=\"_ _9\"></span>imi<span class=\"_ _9\"></span>ted Par<span class=\"_ _a\"></span>tner<span class=\"_ _9\"></span>sh<span class=\"_ _9\"></span>ip, Nova Re<span class=\"_ _9\"></span>sid<span class=\"_ _9\"></span>en<span class=\"_ _9\"></span>tial L<span class=\"_ _9\"></span>imi<span class=\"_ _9\"></span>ted Par<span class=\"_ _a\"></span>tner<span class=\"_ _9\"></span>sh<span class=\"_ _9\"></span>ip, Nova G<span class=\"_ _9\"></span>P Limi<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d, Nova B<span class=\"_ _9\"></span>us<span class=\"_ _9\"></span>ine<span class=\"_ _9\"></span>ss M<span class=\"_ _9\"></span>an<span class=\"_ _9\"></span>age<span class=\"_ _9\"></span>r Lim<span class=\"_ _9\"></span>ite<span class=\"_ _9\"></span>d, Nov<span class=\"_ _9\"></span>a Resi<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>nti<span class=\"_ _9\"></span>al (GP)<span class=\"_ _335\"> </span> </div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls5 ws1 gs2c1\">Limi<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d, Nova Re<span class=\"_ _9\"></span>si<span class=\"_ _9\"></span>den<span class=\"_ _9\"></span>tia<span class=\"_ _9\"></span>l Inte<span class=\"_ _9\"></span>rm<span class=\"_ _9\"></span>edi<span class=\"_ _9\"></span>at<span class=\"_ _9\"></span>e Limi<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d, Nova E<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>tat<span class=\"_ _9\"></span>e Man<span class=\"_ _9\"></span>ag<span class=\"_ _9\"></span>em<span class=\"_ _9\"></span>ent C<span class=\"_ _9\"></span>om<span class=\"_ _9\"></span>pa<span class=\"_ _9\"></span>ny Limi<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d, Nova N<span class=\"_ _9\"></span>omi<span class=\"_ _9\"></span>ne<span class=\"_ _9\"></span>e 1 Limi<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d and N<span class=\"_ _9\"></span>ova N<span class=\"_ _9\"></span>omi<span class=\"_ _9\"></span>ne<span class=\"_ _9\"></span>e 2 Lim<span class=\"_ _9\"></span>ite<span class=\"_ _9\"></span>d.<span class=\"_ _335\"> </span> </div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls5 ws1 gs2c2\">5<span class=\"_ _2\"></span>. <span class=\"_ _a\"></span>Har<span class=\"_ _a\"></span>ves<span class=\"_ _9\"></span>t inc<span class=\"_ _9\"></span>lu<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>s Har<span class=\"_ _a\"></span>ves<span class=\"_ _9\"></span>t 2 Lim<span class=\"_ _9\"></span>ite<span class=\"_ _9\"></span>d Par<span class=\"_ _9\"></span>tn<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>shi<span class=\"_ _9\"></span>p, Har<span class=\"_ _9\"></span>ve<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t De<span class=\"_ _9\"></span>vel<span class=\"_ _9\"></span>op<span class=\"_ _9\"></span>men<span class=\"_ _9\"></span>t Man<span class=\"_ _9\"></span>ag<span class=\"_ _9\"></span>em<span class=\"_ _9\"></span>en<span class=\"_ _9\"></span>t Limi<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d, Har<span class=\"_ _9\"></span>v<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>t 2 S<span class=\"_ _9\"></span>ell<span class=\"_ _9\"></span>y Oa<span class=\"_ _9\"></span>k Limi<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d, Har<span class=\"_ _a\"></span>ves<span class=\"_ _9\"></span>t 2 GP Li<span class=\"_ _9\"></span>mit<span class=\"_ _9\"></span>ed an<span class=\"_ _9\"></span>d Ha<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>ve<span class=\"_ _9\"></span>st G<span class=\"_ _9\"></span>P Lim<span class=\"_ _9\"></span>ite<span class=\"_ _9\"></span>d.<span class=\"_ _335\"> </span> </div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls7 ws6 gs2c3\">6<span class=\"_ _11\"></span>. <span class=\"_ _a\"></span>May<span class=\"_ _9\"></span>field in<span class=\"_ _2\"></span>cludes Mayfield Deve<span class=\"_ _2\"></span>lopment P<span class=\"_ _11\"></span>ar<span class=\"_ _9\"></span>tnership L<span class=\"_ _2\"></span>P and<span class=\"_ _2\"></span> Mayfield Development<span class=\"_ _2\"></span> (<span class=\"_ _2\"></span>General P<span class=\"_ _11\"></span>ar<span class=\"_ _9\"></span>tner<span class=\"_ _2\"></span>) Lim<span class=\"_ _2\"></span>ited.<span class=\"_ _335\"> </span></div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls7 ws6 gs2c4\">7<span class=\"_ _12\"></span>. <span class=\"_ _0\"> </span>Inc<span class=\"_ _2\"></span>luded within<span class=\"_ _11\"></span> O<span class=\"_ _9\"></span>ther in<span class=\"_ _2\"></span> subsequent<span class=\"_ _2\"></span> tables<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs2c7\">All of th<span class=\"_ _9\"></span>e Group\u2019<span class=\"_ _2\"></span>s joint ar<span class=\"_ _9\"></span>range<span class=\"_ _9\"></span>ment<span class=\"_ _9\"></span>s lis<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d above ha<span class=\"_ _9\"></span>ve the<span class=\"_ _9\"></span>ir princ<span class=\"_ _9\"></span>ipal p<span class=\"_ _9\"></span>lace o<span class=\"_ _9\"></span>f busin<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>s in the Uni<span class=\"_ _9\"></span>ted K<span class=\"_ _9\"></span>ing<span class=\"_ _9\"></span>dom. All of th<span class=\"_ _9\"></span>e Group\u2019s principal jo<span class=\"_ _9\"></span>int<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs2c8\">arrangements o<span class=\"_ _2\"></span>wn and operate<span class=\"_ _2\"></span> inv<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>stment proper<span class=\"_ _9\"></span>ty<span class=\"_ _11\"></span>, with the ex<span class=\"_ _2\"></span>ception of<span class=\"_ _11\"></span>:<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws21 gs2c9\">\u2022<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs2ca\">The Ebbs<span class=\"_ _9\"></span>flee<span class=\"_ _9\"></span>t Limi<span class=\"_ _9\"></span>ted Par<span class=\"_ _9\"></span>tne<span class=\"_ _9\"></span>rship, whic<span class=\"_ _9\"></span>h is a ho<span class=\"_ _9\"></span>lding c<span class=\"_ _9\"></span>omp<span class=\"_ _9\"></span>any;<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws21 gs2cb\">\u2022<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs2cc\">Harves<span class=\"_ _9\"></span>t, which<span class=\"_ _2\"></span> is engaged in<span class=\"_ _2\"></span> long-t<span class=\"_ _2\"></span>erm dev<span class=\"_ _2\"></span>elopment contracts;<span class=\"_ _2\"></span> and<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws21 gs2cd\">\u2022<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs2ce\">Curz<span class=\"_ _9\"></span>on Park Limite<span class=\"_ _9\"></span>d, Landmar<span class=\"_ _9\"></span>k Cour<span class=\"_ _a\"></span>t P<span class=\"_ _2\"></span>ar<span class=\"_ _9\"></span>tne<span class=\"_ _9\"></span>rship L<span class=\"_ _9\"></span>imite<span class=\"_ _9\"></span>d, Opp<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>tuni<span class=\"_ _9\"></span>ties f<span class=\"_ _9\"></span>or Sit<span class=\"_ _9\"></span>tin<span class=\"_ _9\"></span>gbo<span class=\"_ _9\"></span>urne Limi<span class=\"_ _9\"></span>ted an<span class=\"_ _9\"></span>d Circus Stre<span class=\"_ _9\"></span>et D<span class=\"_ _9\"></span>evelo<span class=\"_ _9\"></span>pme<span class=\"_ _9\"></span>nts Lim<span class=\"_ _9\"></span>ite<span class=\"_ _9\"></span>d,<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs2cf\">which were<span class=\"_ _2\"></span> previously or<span class=\"_ _2\"></span> are compan<span class=\"_ _2\"></span>ies contin<span class=\"_ _2\"></span>uing t<span class=\"_ _2\"></span>heir busi<span class=\"_ _2\"></span>ness of propert<span class=\"_ _9\"></span>y development<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs2d0\">The ac<span class=\"_ _a\"></span>tivitie<span class=\"_ _9\"></span>s of all th<span class=\"_ _9\"></span>e Grou<span class=\"_ _9\"></span>p\u2019<span class=\"_ _11\"></span>s prin<span class=\"_ _9\"></span>cipal j<span class=\"_ _9\"></span>oint arra<span class=\"_ _9\"></span>ngem<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s are the<span class=\"_ _9\"></span>refo<span class=\"_ _9\"></span>re s<span class=\"_ _9\"></span>trate<span class=\"_ _9\"></span>gicall<span class=\"_ _9\"></span>y imp<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>tant to th<span class=\"_ _9\"></span>e busin<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>s ac<span class=\"_ _9\"></span>tiv<span class=\"_ _9\"></span>iti<span class=\"_ _9\"></span>es of th<span class=\"_ _9\"></span>e Group.<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs2d1\">All join<span class=\"_ _9\"></span>t venture<span class=\"_ _9\"></span>s lis<span class=\"_ _9\"></span>ted ab<span class=\"_ _9\"></span>ove are re<span class=\"_ _9\"></span>gis<span class=\"_ _9\"></span>ter<span class=\"_ _9\"></span>ed in Engl<span class=\"_ _9\"></span>and and Wales w<span class=\"_ _9\"></span>ith th<span class=\"_ _9\"></span>e excep<span class=\"_ _9\"></span>tion of S<span class=\"_ _9\"></span>outh<span class=\"_ _9\"></span>side Li<span class=\"_ _9\"></span>mite<span class=\"_ _9\"></span>d Partn<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>ship and Wes<span class=\"_ _9\"></span>t India Q<span class=\"_ _9\"></span>ua<span class=\"_ _9\"></span>y<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs2d2\">Unit T<span class=\"_ _11\"></span>r<span class=\"_ _9\"></span>us<span class=\"_ _9\"></span>t whi<span class=\"_ _9\"></span>ch are re<span class=\"_ _9\"></span>gis<span class=\"_ _9\"></span>tere<span class=\"_ _9\"></span>d in Je<span class=\"_ _9\"></span>rsey<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></div><div class=\"t m0 h11 ff1 fs9 fc2 sc0 ls84 ws5 gs2d3\">JOINT VENTU<span class=\"_ _9\"></span>RE<span class=\"_ _9\"></span>S<span class=\"_ _335\"> </span></div><div class=\"gs2d4\"><table class=\"s w1fb he1\" id=\"_015de482-4323-47de-b275-7a33df13b6bb\"><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m0 x241 h15 y33eb ff2 fsd fc2 sc0 ls74 ws1\">Y<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>ar e<span class=\"_ _9\"></span>nd<span class=\"_ _9\"></span>ed 31 Ma<span class=\"_ _9\"></span>rch 2026<span class=\"_ _335\"> </span></td></tr><tr><td></td><td></td><td></td><td class=\"t m0 x51e h15 y33ec ff2 fsd fc2 sc0 ls117 ws155\">We<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>tg<span class=\"_ _9\"></span>a<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span> </td><td></td><td></td><td></td></tr><tr><td></td><td></td><td class=\"t m0 x23f h15 y33ed ff2 fsd fc2 sc0 ls1 ws1\">Southside </td><td class=\"t m0 x9bb h15 y33ee ff2 fsd fc2 sc0 ls7b ws82\">Ox<span class=\"_ _9\"></span>ford<span class=\"_ _9\"></span> </td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m0 x337 h15 y33ef ff2 fsd fc2 sc0 ls102 ws129\">Nova,<span class=\"_ _9\"></span> </td><td class=\"t m0 x9bc h15 y33f0 ff2 fsd fc2 sc0 ls7b ws82\">Limite<span class=\"_ _9\"></span>d </td><td class=\"t m0 x55b h15 y33f1 ff2 fsd fc2 sc0 ls78 ws7e\">Alliance </td><td></td><td></td><td class=\"t m0 x33a h15 y33f1 ff2 fsd fc2 sc0 lsa4 wsb2\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x9bd h15 y33f2 ff2 fsd fc2 sc0 ls1 ws1\">Victoria<span class=\"_ _335\"> </span></td><td class=\"t m0 x9be h15 y33f3 ff2 fsd fc2 sc0 ls78 ws7e\">Partnership<span class=\"_ _335\"> </span></td><td class=\"t m0 x9bf h15 y33f4 ff2 fsd fc2 sc0 ls78 ws7e\">Partnership<span class=\"_ _335\"> </span></td><td class=\"t m0 x576 h15 y33f4 ff2 fsd fc2 sc0 ls41 ws7c\">Other<span class=\"_ _335\"> </span></td><td class=\"t m0 x2a2 h15 y33f4 ff2 fsd fc2 sc0 lsa4 wsb2\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td><td class=\"t m0 x9c0 h15 y33f4 ff2 fsd fc2 sc0 ls76 ws13e\">Group </td></tr><tr><td></td><td class=\"t m0 x337 h15 y33f5 ff2 fsd fc2 sc0 ls166 ws1a3\">100%<span class=\"_ _335\"> </span></td><td class=\"t m0 x243 h15 y33f6 ff2 fsd fc2 sc0 ls166 ws1a3\">100%<span class=\"_ _335\"> </span></td><td class=\"t m0 x9c1 h15 y33f7 ff2 fsd fc2 sc0 ls166 ws1a3\">100%<span class=\"_ _335\"> </span></td><td class=\"t m0 x2a3 h15 y33f7 ff2 fsd fc2 sc0 ls166 ws1a3\">100%<span class=\"_ _335\"> </span></td><td class=\"t m0 x246 h15 y33f7 ff2 fsd fc2 sc0 ls166 ws1a3\">100%<span class=\"_ _335\"> </span></td><td class=\"t m0 x7c1 h15 y33f7 ff2 fsd fc2 sc0 ls11c ws150\">share<span class=\"_ _335\"> </span></td></tr><tr><td class=\"t m0 x297 h15 y33f8 ff2 fsd fc2 sc0 ls41 ws36\">Comprehensiv<span class=\"_ _2\"></span>e income<span class=\"_ _11\"></span> statement<span class=\"_ _335\"> </span></td><td class=\"t m0 x249 h15 y33f8 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24a h15 y33f9 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24b h15 y33fa ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y33fa ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y33fa ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y33fa ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c x24f y33fb w1fc hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws98\">Re<span class=\"_ _11\"></span>venue</div><div class=\"t m0 x9a5 h16 y32a3 ff2 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e3 y33fb w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">49<span class=\"_ _335\"> </span></div></td><td class=\"c n x9c2 y33fb w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">15<span class=\"_ _335\"> </span></div></td><td class=\"c n x9c3 y33fb w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">39<span class=\"_ _335\"> </span></div></td><td class=\"c n x9c4 y33fb w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x9c5 y33fb w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">106<span class=\"_ _335\"> </span></div></td><td class=\"c n x9c6 y33fb w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">53<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y33fc wc1 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">Gross ren<span class=\"_ _11\"></span>tal income<span class=\"_ _2\"></span> (<span class=\"_ _11\"></span>after ren<span class=\"_ _11\"></span>t<span class=\"_ _9\"></span>s paya<span class=\"_ _2\"></span>ble<span class=\"_ _11\"></span>)<span class=\"_ _335\"> </span></div></td><td class=\"c n x9c7 y33fc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">34<span class=\"_ _335\"> </span></div></td><td class=\"c n x9c8 y33fc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">12<span class=\"_ _335\"> </span></div></td><td class=\"c n x9c9 y33fc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td><td class=\"c n x768 y33fc w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x9ca y33fc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">76<span class=\"_ _335\"> </span></div></td><td class=\"c n x9cb y33fc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">38<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y33fd w1fd hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Net re<span class=\"_ _9\"></span>ntal incom<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span></div></td><td class=\"c n x59c y33fd w2d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">31<span class=\"_ _335\"> </span></div></td><td class=\"c n x9cc y33fd w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">9<span class=\"_ _335\"> </span></div></td><td class=\"c n x267 y33fd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">23<span class=\"_ _335\"> </span></div></td><td class=\"c n x9cd y33fd w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x9ce y33fd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">65<span class=\"_ _335\"> </span></div></td><td class=\"c n x9cf y33fd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">33<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y33fe wcf hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">EPR<span class=\"_ _9\"></span>A e<span class=\"_ _9\"></span>arnings b<span class=\"_ _9\"></span>efore inter<span class=\"_ _9\"></span>est<span class=\"_ _335\"> </span></div></td><td class=\"c n x9d0 y33fe w2d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">31<span class=\"_ _335\"> </span></div></td><td class=\"c n x9d1 y33fe w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">9<span class=\"_ _335\"> </span></div></td><td class=\"c n x9d2 y33fe w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">23<span class=\"_ _335\"> </span></div></td><td class=\"c n x9d3 y33fe w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x9d4 y33fe w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">65<span class=\"_ _335\"> </span></div></td><td class=\"c n x9d5 y33fe w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">33<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y33ff w1fe hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Finance (<span class=\"_ _1\"></span>expense)<span class=\"_ _1\"></span>/r<span class=\"_ _2\"></span>evenue<span class=\"_ _335\"> </span></div></td><td class=\"c n x9d6 y33ff wc5 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(13)<span class=\"_ _335\"> </span></div></td><td class=\"c n x9d7 y33ff w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(6)<span class=\"_ _335\"> </span></div></td><td class=\"c n x9d8 y33ff w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x9d9 y33ff w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x9da y33ff w2b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(17)<span class=\"_ _335\"> </span></div></td><td class=\"c n x9db y33ff w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(8)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3400 w1ff hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">Net financ<span class=\"_ _2\"></span>e (<span class=\"_ _11\"></span>expense<span class=\"_ _11\"></span>)<span class=\"_ _11\"></span>/<span class=\"_ _11\"></span>revenue<span class=\"_ _335\"> </span></div></td><td class=\"c n x9dc y3400 w2b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(13)<span class=\"_ _335\"> </span></div></td><td class=\"c n x9dd y3400 w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(6)<span class=\"_ _335\"> </span></div></td><td class=\"c n x9de y3400 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x9df y3400 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x9e0 y3400 w27 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(17)<span class=\"_ _335\"> </span></div></td><td class=\"c n x9e1 y3400 w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(8)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3401 w200 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">EPR<span class=\"_ _9\"></span>A earnings<span class=\"_ _335\"> </span></div></td><td class=\"c n x59c y3401 w2d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">18<span class=\"_ _335\"> </span></div></td><td class=\"c n x9cc y3401 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x267 y3401 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">23<span class=\"_ _335\"> </span></div></td><td class=\"c n x9cd y3401 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n x9ce y3401 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">48<span class=\"_ _335\"> </span></div></td><td class=\"c n x9cf y3401 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">25<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x297 h9 y3402 ff2 fs6 fc2 sc0 ls8f ws42\">Capit<span class=\"_ _11\"></span>al and other<span class=\"_ _2\"></span> item<span class=\"_ _2\"></span>s<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y32dc w33 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Net su<span class=\"_ _9\"></span>rplus o<span class=\"_ _9\"></span>n revalua<span class=\"_ _9\"></span>tion o<span class=\"_ _9\"></span>f inves<span class=\"_ _9\"></span>tment p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>es<span class=\"_ _335\"> </span></div></td><td class=\"c n x9e2 y32dc w2d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">38<span class=\"_ _335\"> </span></div></td><td class=\"c n x9e3 y32dc w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x9e4 y32dc w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n x9e5 y32dc w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">8<span class=\"_ _335\"> </span></div></td><td class=\"c n x9e6 y32dc w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">54<span class=\"_ _335\"> </span></div></td><td class=\"c n x9e7 y32dc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">27<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32dd w2e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Loss o<span class=\"_ _9\"></span>n disp<span class=\"_ _9\"></span>osal o<span class=\"_ _9\"></span>f inves<span class=\"_ _9\"></span>tmen<span class=\"_ _9\"></span>t prop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>es<span class=\"_ _335\"> </span></div></td><td class=\"c n x26b y32dd w2f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x9e8 y32dd w37 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x9e9 y32dd w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x987 y32dd w8d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n x9ea y32dd w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n x9eb y32dd w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32de wcc hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other income<span class=\"_ _335\"> </span></div></td><td class=\"c n x631 y32de w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x632 y32de w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x633 y32de w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x9ec y32de w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x9ed y32de w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x9ee y32de w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y334a w3a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Profit befo<span class=\"_ _9\"></span>re tax<span class=\"_ _335\"> </span></div></td><td class=\"c n x9e2 y334a w2d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">56<span class=\"_ _335\"> </span></div></td><td class=\"c n x9e3 y334a w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td><td class=\"c n x9ef y334a w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td><td class=\"c n x9f0 y334a w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">13<span class=\"_ _335\"> </span></div></td><td class=\"c n x9f1 y334a w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">103<span class=\"_ _335\"> </span></div></td><td class=\"c n x9f2 y334a w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">52<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3403 w201 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Post<span class=\"_ _11\"></span>-tax profit<span class=\"_ _335\"> </span></div></td><td class=\"c n x59c y3403 w2d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">56<span class=\"_ _335\"> </span></div></td><td class=\"c n x9cc y3403 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td><td class=\"c n x267 y3403 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td><td class=\"c n x9f3 y3403 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">13<span class=\"_ _335\"> </span></div></td><td class=\"c n x9f4 y3403 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">103<span class=\"_ _335\"> </span></div></td><td class=\"c n x26a y3403 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">52<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3404 w202 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">T<span class=\"_ _11\"></span>ota<span class=\"_ _2\"></span>l compr<span class=\"_ _2\"></span>ehensiv<span class=\"_ _2\"></span>e income<span class=\"_ _335\"> </span></div></td><td class=\"c n x9f5 y3404 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">56<span class=\"_ _335\"> </span></div></td><td class=\"c n x9d1 y3404 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td><td class=\"c n x9d2 y3404 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td><td class=\"c n x9f6 y3404 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">13<span class=\"_ _335\"> </span></div></td><td class=\"c n x9f7 y3404 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">103<span class=\"_ _335\"> </span></div></td><td class=\"c n x9f8 y3404 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">52<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e4 w203 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Group s<span class=\"_ _9\"></span>hare of p<span class=\"_ _9\"></span>rofit be<span class=\"_ _9\"></span>fore tax<span class=\"_ _335\"> </span></div></td><td class=\"c n x9f9 y32e4 w2d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td><td class=\"c n x9fa y32e4 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x621 y32e4 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td><td class=\"c n x504 y32e4 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n x9fb y32e4 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">52<span class=\"_ _335\"> </span></div></td><td></td></tr><tr><td class=\"c n x24f y3356 w204 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Group s<span class=\"_ _9\"></span>hare of p<span class=\"_ _9\"></span>ost-<span class=\"_ _11\"></span>tax profit<span class=\"_ _335\"> </span></div></td><td class=\"c n x9fc y3356 w2d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td><td class=\"c n x9fd y3356 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x9fe y3356 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td><td class=\"c n x9ff y3356 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n x255 y3356 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">52<span class=\"_ _335\"> </span></div></td><td></td></tr><tr><td class=\"c n x24f y32cd w205 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Group s<span class=\"_ _9\"></span>hare of total com<span class=\"_ _9\"></span>preh<span class=\"_ _9\"></span>ensi<span class=\"_ _9\"></span>ve incom<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span></div></td><td class=\"c n xa00 y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td><td class=\"c n xa01 y32cd w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n xa02 y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td><td class=\"c n xa03 y32cd w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n xa04 y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">52<span class=\"_ _335\"> </span></div></td><td></td></tr></table></div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls7 ws6 gs2d5\">1<span class=\"_ _11\"></span>. <span class=\"_ _a\"></span>Revenue<span class=\"_ _11\"></span> includes gross ren<span class=\"_ _2\"></span>tal<span class=\"_ _2\"></span> income (<span class=\"_ _2\"></span>before rents<span class=\"_ _2\"></span> payable<span class=\"_ _11\"></span>)<span class=\"_ _11\"></span>, service charge inc<span class=\"_ _2\"></span>ome,<span class=\"_ _2\"></span> other property related income<span class=\"_ _11\"></span>, trading pr<span class=\"_ _2\"></span>oper<span class=\"_ _9\"></span>ties di<span class=\"_ _2\"></span>sposal proceeds a<span class=\"_ _2\"></span>nd income<span class=\"_ _335\"> </span> </div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls7 ws6 gs2d6\">from long<span class=\"_ _11\"></span>-term development<span class=\"_ _11\"></span> contract<span class=\"_ _9\"></span>s.<span class=\"_ _335\"> </span></div>JOINT VENTU<span class=\"_ _9\"></span>RE<span class=\"_ _9\"></span>S<span class=\"_ _335\"> </span><table class=\"s we5 he1\" id=\"_62315e8f-58f7-4426-94c7-d812de4c161e\"><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m0 x55a h15 y3405 ff3 fsd fc2 sc0 ls74 ws1\">Y<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>ar e<span class=\"_ _9\"></span>nd<span class=\"_ _9\"></span>ed 31 Mar<span class=\"_ _9\"></span>ch 2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td></td><td></td><td class=\"t m0 x559 h15 y3406 ff3 fsd fc2 sc0 ls83 ws87\">Wes<span class=\"_ _a\"></span>tga<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>e<span class=\"_ _9\"></span> </td><td></td><td></td><td></td></tr><tr><td></td><td></td><td class=\"t m0 x23f h15 y3407 ff3 fsd fc2 sc0 ls1 ws1\">Southside </td><td class=\"t m0 x55f h15 y3408 ff3 fsd fc2 sc0 ls1 ws1\">Oxford </td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m0 x337 h15 y3409 ff3 fsd fc2 sc0 ls154 ws181\">Nova, </td><td class=\"t m0 x581 h15 y340a ff3 fsd fc2 sc0 ls76 ws13e\">Limited </td><td class=\"t m0 xa05 h15 y340b ff3 fsd fc2 sc0 ls76 ws13e\">Alliance </td><td></td><td></td><td class=\"t m0 x247 h15 y340b ff3 fsd fc2 sc0 lsa7 ws6c\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x7c3 h15 y340c ff3 fsd fc2 sc0 ls77 ws7d\">Victoria<span class=\"_ _335\"> </span></td><td class=\"t m0 xa06 h15 y340d ff3 fsd fc2 sc0 ls76 ws13e\">Partner<span class=\"_ _9\"></span>ship<span class=\"_ _335\"> </span></td><td class=\"t m0 xa07 h15 y340e ff3 fsd fc2 sc0 ls76 ws13e\">Partner<span class=\"_ _9\"></span>ship<span class=\"_ _335\"> </span></td><td class=\"t m0 x2a3 h15 y340e ff3 fsd fc2 sc0 ls75 ws7a\">Othe<span class=\"_ _9\"></span>r<span class=\"_ _335\"> </span></td><td class=\"t m0 x2ba h15 y340e ff3 fsd fc2 sc0 lsa7 ws6c\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td><td class=\"t m0 x4f0 h15 y340e ff3 fsd fc2 sc0 ls76 ws13e\">Group </td></tr><tr><td></td><td class=\"t m0 x337 h15 y340f ff3 fsd fc2 sc0 ls167 ws1a4\">100<span class=\"_ _9\"></span>%<span class=\"_ _335\"> </span></td><td class=\"t m0 x243 h15 y3410 ff3 fsd fc2 sc0 ls167 ws1a4\">100<span class=\"_ _9\"></span>%<span class=\"_ _335\"> </span></td><td class=\"t m0 x9c1 h15 y3411 ff3 fsd fc2 sc0 ls167 ws1a4\">100<span class=\"_ _9\"></span>%<span class=\"_ _335\"> </span></td><td class=\"t m0 x4ef h15 y3411 ff3 fsd fc2 sc0 ls167 ws1a4\">100<span class=\"_ _9\"></span>%<span class=\"_ _335\"> </span></td><td class=\"t m0 x246 h15 y3411 ff3 fsd fc2 sc0 ls167 ws1a4\">100<span class=\"_ _9\"></span>%<span class=\"_ _335\"> </span></td><td class=\"t m0 x33a h15 y3411 ff3 fsd fc2 sc0 ls77 ws7d\">share<span class=\"_ _335\"> </span></td></tr><tr><td class=\"t m0 x297 h15 y3412 ff2 fsd fc2 sc0 ls41 ws36\">Comprehensiv<span class=\"_ _2\"></span>e income<span class=\"_ _11\"></span> statement<span class=\"_ _335\"> </span></td><td class=\"t m0 x249 h15 y3412 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24a h15 y3413 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24b h15 y3414 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y3414 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y3414 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3414 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c x24f y33fb w1fc hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws98\">Re<span class=\"_ _11\"></span>venue</div><div class=\"t m0 x9a5 h16 y32a3 ff2 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e3 y33fb w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">49<span class=\"_ _335\"> </span></div></td><td class=\"c n x9c2 y33fb w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">17<span class=\"_ _335\"> </span></div></td><td class=\"c n x9c3 y33fb w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">35<span class=\"_ _335\"> </span></div></td><td class=\"c n x9c4 y33fb w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x9c5 y33fb w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">104<span class=\"_ _335\"> </span></div></td><td class=\"c n x9c6 y33fb w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">52<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y33fc wc1 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">Gross ren<span class=\"_ _11\"></span>tal income<span class=\"_ _2\"></span> (<span class=\"_ _11\"></span>after ren<span class=\"_ _11\"></span>t<span class=\"_ _9\"></span>s paya<span class=\"_ _2\"></span>ble<span class=\"_ _11\"></span>)<span class=\"_ _335\"> </span></div></td><td class=\"c n x9c7 y33fc w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">35<span class=\"_ _335\"> </span></div></td><td class=\"c n x9c8 y33fc w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">13<span class=\"_ _335\"> </span></div></td><td class=\"c n x9c9 y33fc w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">26<span class=\"_ _335\"> </span></div></td><td class=\"c n x768 y33fc w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x9ca y33fc w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">77<span class=\"_ _335\"> </span></div></td><td class=\"c n x9cb y33fc w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">38<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y33fd w1fd hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Net re<span class=\"_ _9\"></span>ntal incom<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span></div></td><td class=\"c n x59c y33fd w2d hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">35<span class=\"_ _335\"> </span></div></td><td class=\"c n x3bd y33fd w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td><td class=\"c n xa08 y33fd w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">21<span class=\"_ _335\"> </span></div></td><td class=\"c n xa09 y33fd w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n xa0a y33fd w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">70<span class=\"_ _335\"> </span></div></td><td class=\"c n x26a y33fd w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">35<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y33fe wcf hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">EPR<span class=\"_ _9\"></span>A e<span class=\"_ _9\"></span>arnings b<span class=\"_ _9\"></span>efore inter<span class=\"_ _9\"></span>est<span class=\"_ _335\"> </span></div></td><td class=\"c n x9d0 y33fe w2d hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">33<span class=\"_ _335\"> </span></div></td><td class=\"c n x601 y33fe w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td><td class=\"c n x602 y33fe w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">21<span class=\"_ _335\"> </span></div></td><td class=\"c n xa0b y33fe w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n xa0c y33fe w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">68<span class=\"_ _335\"> </span></div></td><td class=\"c n x9f8 y33fe w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">34<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y33ff w38 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Finance expense<span class=\"_ _335\"> </span></div></td><td class=\"c n xa0d y33ff w206 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(15)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa0e y33ff w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(6)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa0f y33ff w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa10 y33ff w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa11 y33ff w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(21)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa12 y33ff w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(11)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3348 w13e hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">Net financ<span class=\"_ _2\"></span>e expense<span class=\"_ _335\"> </span></div></td><td class=\"c n xa13 y3348 w206 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(15)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa14 y3348 w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(6)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa15 y3348 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa16 y3348 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa17 y3348 w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(21)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa18 y3348 w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(11)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3359 w200 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">EPR<span class=\"_ _9\"></span>A earnings<span class=\"_ _335\"> </span></div></td><td class=\"c n x59c y3359 w2d hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">18<span class=\"_ _335\"> </span></div></td><td class=\"c n x9cc y3359 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n x267 y3359 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">21<span class=\"_ _335\"> </span></div></td><td class=\"c n x9cd y3359 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x9ce y3359 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">47<span class=\"_ _335\"> </span></div></td><td class=\"c n x9cf y3359 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">23<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x297 h9 y3415 ff2 fs6 fc2 sc0 ls8f ws42\">Capit<span class=\"_ _11\"></span>al and other<span class=\"_ _2\"></span> item<span class=\"_ _2\"></span>s<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y32dc w33 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Net su<span class=\"_ _9\"></span>rplus o<span class=\"_ _9\"></span>n revalua<span class=\"_ _9\"></span>tion o<span class=\"_ _9\"></span>f inves<span class=\"_ _9\"></span>tment p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>es<span class=\"_ _335\"> </span></div></td><td class=\"c n x9e2 y32dc w2d hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td><td class=\"c n x9e3 y32dc w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x9e4 y32dc w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n xa19 y32dc w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa1a y32dc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">27<span class=\"_ _335\"> </span></div></td><td class=\"c n xa1b y32dc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">13<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32dd w207 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Profit on di<span class=\"_ _9\"></span>spos<span class=\"_ _9\"></span>al of inves<span class=\"_ _9\"></span>tm<span class=\"_ _9\"></span>ent pro<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xa1c y32dd w81 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa1d y32dd w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa1e y32dd w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa1f y32dd w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n xa20 y32dd w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n xa21 y32dd w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32de w208 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1e wsb4\">Other cos<span class=\"_ _9\"></span>ts<span class=\"_ _335\"> </span></div></td><td class=\"c n xa22 y32de w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa23 y32de w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa24 y32de w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x60f y32de w87 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(4)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa25 y32de w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(4)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa26 y32de w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y334a w3a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Profit befo<span class=\"_ _9\"></span>re tax<span class=\"_ _335\"> </span></div></td><td class=\"c n x9e2 y334a w2d hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">40<span class=\"_ _335\"> </span></div></td><td class=\"c n x9e3 y334a w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n x9ef y334a w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">24<span class=\"_ _335\"> </span></div></td><td class=\"c n xa27 y334a w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c1 y334a w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">75<span class=\"_ _335\"> </span></div></td><td class=\"c n xa28 y334a w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">37<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3403 w201 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Post<span class=\"_ _11\"></span>-tax profit<span class=\"_ _335\"> </span></div></td><td class=\"c n x59c y3403 w2d hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">40<span class=\"_ _335\"> </span></div></td><td class=\"c n x9cc y3403 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n x267 y3403 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">24<span class=\"_ _335\"> </span></div></td><td class=\"c n x9cd y3403 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n x9ce y3403 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">75<span class=\"_ _335\"> </span></div></td><td class=\"c n x9cf y3403 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">37<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e2 w202 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">T<span class=\"_ _11\"></span>ota<span class=\"_ _2\"></span>l compr<span class=\"_ _2\"></span>ehensiv<span class=\"_ _2\"></span>e income<span class=\"_ _335\"> </span></div></td><td class=\"c n x9f5 y32e2 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">40<span class=\"_ _335\"> </span></div></td><td class=\"c n x9d1 y32e2 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n x9d2 y32e2 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">24<span class=\"_ _335\"> </span></div></td><td class=\"c n x9d3 y32e2 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n x9d4 y32e2 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">75<span class=\"_ _335\"> </span></div></td><td class=\"c n x9d5 y32e2 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">37<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w203 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Group s<span class=\"_ _9\"></span>hare of p<span class=\"_ _9\"></span>rofit be<span class=\"_ _9\"></span>fore tax<span class=\"_ _335\"> </span></div></td><td class=\"c n x9f9 y32cb w2d hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">20<span class=\"_ _335\"> </span></div></td><td class=\"c n x9fa y32cb w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x621 y32cb w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">12<span class=\"_ _335\"> </span></div></td><td class=\"c n x504 y32cb w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x9fb y32cb w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">37<span class=\"_ _335\"> </span></div></td><td></td></tr><tr><td class=\"c n x24f y32cc w204 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Group s<span class=\"_ _9\"></span>hare of p<span class=\"_ _9\"></span>ost-<span class=\"_ _11\"></span>tax profit<span class=\"_ _335\"> </span></div></td><td class=\"c n x9fc y32cc w2d hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">20<span class=\"_ _335\"> </span></div></td><td class=\"c n x9fd y32cc w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x9fe y32cc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">12<span class=\"_ _335\"> </span></div></td><td class=\"c n x9ff y32cc w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x255 y32cc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">37<span class=\"_ _335\"> </span></div></td><td></td></tr><tr><td class=\"c n x24f y32cd w205 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Group s<span class=\"_ _9\"></span>hare of total com<span class=\"_ _9\"></span>preh<span class=\"_ _9\"></span>ensi<span class=\"_ _9\"></span>ve incom<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span></div></td><td class=\"c n xa00 y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">20<span class=\"_ _335\"> </span></div></td><td class=\"c n xa01 y32cd w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n xa02 y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">12<span class=\"_ _335\"> </span></div></td><td class=\"c n xa03 y32cd w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xa04 y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">37<span class=\"_ _335\"> </span></div></td><td></td></tr></table>1<span class=\"_ _11\"></span>. <span class=\"_ _a\"></span>Revenue<span class=\"_ _11\"></span> includes gross ren<span class=\"_ _2\"></span>tal<span class=\"_ _2\"></span> income (<span class=\"_ _2\"></span>before rents<span class=\"_ _2\"></span> payable<span class=\"_ _11\"></span>)<span class=\"_ _11\"></span>, service charge inc<span class=\"_ _2\"></span>ome,<span class=\"_ _2\"></span> other property related income<span class=\"_ _11\"></span>, trading pr<span class=\"_ _2\"></span>oper<span class=\"_ _9\"></span>ties di<span class=\"_ _2\"></span>sposal proceeds a<span class=\"_ _2\"></span>nd income<span class=\"_ _335\"> </span>from long<span class=\"_ _11\"></span>-term development<span class=\"_ _11\"></span> contract<span class=\"_ _9\"></span>s.<span class=\"_ _335\"> </span><div class=\"t m0 h11 ff1 fs9 fc2 sc0 ls84 ws5 gs2dd\">JOINT VENTU<span class=\"_ _9\"></span>RE<span class=\"_ _9\"></span>S<span class=\"_ _335\"> </span></div><div class=\"gs2d9\"><table class=\"s w209 he2\" id=\"_f108c43a-c869-4e96-981e-db57515f0b5c\"><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m0 x241 h15 y3416 ff2 fsd fc2 sc0 ls74 ws1\">Y<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>ar e<span class=\"_ _9\"></span>nd<span class=\"_ _9\"></span>ed 31 Ma<span class=\"_ _9\"></span>rch 2026<span class=\"_ _335\"> </span></td></tr><tr><td></td><td></td><td></td><td class=\"t m0 x51e h15 y3417 ff2 fsd fc2 sc0 ls117 ws155\">We<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>tg<span class=\"_ _9\"></span>a<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span> </td><td></td><td></td><td></td></tr><tr><td></td><td></td><td class=\"t m0 x23f h15 y3418 ff2 fsd fc2 sc0 ls1 ws1\">Southside </td><td class=\"t m0 x9bb h15 y3419 ff2 fsd fc2 sc0 ls7b ws82\">Ox<span class=\"_ _9\"></span>ford<span class=\"_ _9\"></span> </td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m0 x337 h15 y341a ff2 fsd fc2 sc0 ls102 ws129\">Nova,<span class=\"_ _9\"></span> </td><td class=\"t m0 x9bc h15 y341b ff2 fsd fc2 sc0 ls7b ws82\">Limite<span class=\"_ _9\"></span>d </td><td class=\"t m0 x55b h15 y341c ff2 fsd fc2 sc0 ls78 ws7e\">Alliance </td><td></td><td></td><td class=\"t m0 x33a h15 y341c ff2 fsd fc2 sc0 lsa4 wsb2\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x9bd h15 y341d ff2 fsd fc2 sc0 ls1 ws1\">Victoria<span class=\"_ _335\"> </span></td><td class=\"t m0 x9be h15 y341e ff2 fsd fc2 sc0 ls78 ws7e\">Partnership<span class=\"_ _335\"> </span></td><td class=\"t m0 x9bf h15 y341f ff2 fsd fc2 sc0 ls78 ws7e\">Partnership<span class=\"_ _335\"> </span></td><td class=\"t m0 x576 h15 y341f ff2 fsd fc2 sc0 ls41 ws7c\">Other<span class=\"_ _335\"> </span></td><td class=\"t m0 x2a2 h15 y341f ff2 fsd fc2 sc0 lsa4 wsb2\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td><td class=\"t m0 x9c0 h15 y341f ff2 fsd fc2 sc0 ls76 ws13e\">Group </td></tr><tr><td></td><td class=\"t m0 x337 h15 y3420 ff2 fsd fc2 sc0 ls166 ws1a3\">100%<span class=\"_ _335\"> </span></td><td class=\"t m0 x243 h15 y3421 ff2 fsd fc2 sc0 ls166 ws1a3\">100%<span class=\"_ _335\"> </span></td><td class=\"t m0 x9c1 h15 y3422 ff2 fsd fc2 sc0 ls166 ws1a3\">100%<span class=\"_ _335\"> </span></td><td class=\"t m0 x2a3 h15 y3422 ff2 fsd fc2 sc0 ls166 ws1a3\">100%<span class=\"_ _335\"> </span></td><td class=\"t m0 x246 h15 y3422 ff2 fsd fc2 sc0 ls166 ws1a3\">100%<span class=\"_ _335\"> </span></td><td class=\"t m0 x7c1 h15 y3422 ff2 fsd fc2 sc0 ls11c ws150\">share<span class=\"_ _335\"> </span></td></tr><tr><td class=\"t m0 x297 h15 y3423 ff2 fsd fc2 sc0 ls78 ws7f\">Balance sheet<span class=\"_ _335\"> </span></td><td class=\"t m0 x249 h15 y3423 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24a h15 y3424 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24b h15 y3425 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y3425 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y3425 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3425 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c x24f y33fc w20a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Inv<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>stment proper<span class=\"_ _9\"></span>ties</div><div class=\"t m0 xa29 h16 y32a3 ff3 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x25e y33fc w20 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">790<span class=\"_ _335\"> </span></div></td><td class=\"c n xa2a y33fc w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">141<span class=\"_ _335\"> </span></div></td><td class=\"c n xa2b y33fc w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">236<span class=\"_ _335\"> </span></div></td><td class=\"c n xa2c y33fc w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">106<span class=\"_ _335\"> </span></div></td><td class=\"c n xa2d y33fc w66 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,273<span class=\"_ _335\"> </span></div></td><td class=\"c n xa2e y33fc w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">636<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3426 w20b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8e ws191\">Non-<span class=\"_ _9\"></span>curre<span class=\"_ _9\"></span>nt ass<span class=\"_ _9\"></span>ets<span class=\"_ _335\"> </span></div></td><td class=\"c n x3bc y3426 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">790<span class=\"_ _335\"> </span></div></td><td class=\"c n xa2f y3426 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">141<span class=\"_ _335\"> </span></div></td><td class=\"c n xa30 y3426 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">236<span class=\"_ _335\"> </span></div></td><td class=\"c n xa31 y3426 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">106<span class=\"_ _335\"> </span></div></td><td class=\"c n xa32 y3426 w66 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,273<span class=\"_ _335\"> </span></div></td><td class=\"c n x658 y3426 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">636<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3427 w61 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls65 ws90\">Cash and cash equivalents<span class=\"_ _335\"> </span></div></td><td class=\"c n xa33 y3427 w2d hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">20<span class=\"_ _335\"> </span></div></td><td class=\"c n xa34 y3427 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n x325 y3427 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">12<span class=\"_ _335\"> </span></div></td><td class=\"c n x326 y3427 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td><td class=\"c n x327 y3427 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">51<span class=\"_ _335\"> </span></div></td><td class=\"c n x328 y3427 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">25<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y33fe w62 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other current assets<span class=\"_ _335\"> </span></div></td><td class=\"c n xa35 y33fe w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">49<span class=\"_ _335\"> </span></div></td><td class=\"c n xa36 y33fe w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n xa37 y33fe w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">13<span class=\"_ _335\"> </span></div></td><td class=\"c n x2ef y33fe w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">42<span class=\"_ _335\"> </span></div></td><td class=\"c n x72c y33fe w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">109<span class=\"_ _335\"> </span></div></td><td class=\"c n x61e y33fe w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">55<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3428 w20c hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls3c ws143\">Curren<span class=\"_ _9\"></span>t ass<span class=\"_ _9\"></span>ets<span class=\"_ _335\"> </span></div></td><td class=\"c n xa38 y3428 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">69<span class=\"_ _335\"> </span></div></td><td class=\"c n x2c1 y3428 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td><td class=\"c n x2c2 y3428 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">25<span class=\"_ _335\"> </span></div></td><td class=\"c n x2c3 y3428 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">56<span class=\"_ _335\"> </span></div></td><td class=\"c n xa39 y3428 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">160<span class=\"_ _335\"> </span></div></td><td class=\"c n x903 y3428 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">80<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3429 w65 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls7e ws85\">T<span class=\"_ _11\"></span>otal assets<span class=\"_ _335\"> </span></div></td><td class=\"c n x3bc y3429 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">859<span class=\"_ _335\"> </span></div></td><td class=\"c n xa2f y3429 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">151<span class=\"_ _335\"> </span></div></td><td class=\"c n xa30 y3429 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">261<span class=\"_ _335\"> </span></div></td><td class=\"c n xa31 y3429 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">162<span class=\"_ _335\"> </span></div></td><td class=\"c n xa32 y3429 w66 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,433<span class=\"_ _335\"> </span></div></td><td class=\"c n x658 y3429 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">716<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y342a w20d hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">T<span class=\"_ _11\"></span>rade and ot<span class=\"_ _2\"></span>her payables and<span class=\"_ _2\"></span> provisions<span class=\"_ _335\"> </span></div></td><td class=\"c n xa3a y342a w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(25)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa3b y342a w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(5)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa3c y342a w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(14)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa3d y342a w27 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(11)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa3e y342a w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(55)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa3f y342a w27 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(27)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y342b w20e hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">Current liabilities<span class=\"_ _335\"> </span></div></td><td class=\"c n xa40 y342b wc5 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(25)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa41 y342b w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(5)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa42 y342b w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(14)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa43 y342b w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(11)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa44 y342b w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(55)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa45 y342b w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(27)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y342c w20f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws33\">Non-curr<span class=\"_ _9\"></span>ent liabiliti<span class=\"_ _9\"></span>es<span class=\"_ _335\"> </span></div></td><td class=\"c n xa46 y342c wc5 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(44)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa47 y342c w30 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(146)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa48 y342c w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa49 y342c w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa4a y342c w30 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(191)<span class=\"_ _335\"> </span></div></td><td class=\"c n x4e5 y342c w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(96)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y342d w210 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">Non-current liabilities<span class=\"_ _335\"> </span></div></td><td class=\"c n xa40 y342d wc5 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(44)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa4b y342d w28 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(146)<span class=\"_ _335\"> </span></div></td><td class=\"c n x2d4 y342d w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa4c y342d w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa4d y342d w28 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(191)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa4e y342d w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(96)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y342e w72 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">T<span class=\"_ _11\"></span>otal liabilities<span class=\"_ _335\"> </span></div></td><td class=\"c n xa4f y342e w2b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(69)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa50 y342e w30 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(151)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa51 y342e w2b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(14)<span class=\"_ _335\"> </span></div></td><td class=\"c n x415 y342e w2b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(12)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa52 y342e w30 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(246)<span class=\"_ _335\"> </span></div></td><td class=\"c n x4e3 y342e w28 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(123)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y334a w73 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1e wsb4\">Net assets<span class=\"_ _335\"> </span></div></td><td class=\"c n xa53 y334a w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">790<span class=\"_ _335\"> </span></div></td><td class=\"c n x5ab y334a w37 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa54 y334a w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">247<span class=\"_ _335\"> </span></div></td><td class=\"c n xa55 y334a w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">150<span class=\"_ _335\"> </span></div></td><td class=\"c n xa56 y334a w58 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,187<span class=\"_ _335\"> </span></div></td><td class=\"c n xa57 y334a w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">593<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x297 h9 y342f ff3 fs6 fc2 sc0 ls29 ws28\">Comprised of<span class=\"_ _2\"></span>:<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y3404 w73 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1e wsb4\">Net assets<span class=\"_ _335\"> </span></div></td><td class=\"c n xa53 y3404 w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">790<span class=\"_ _335\"> </span></div></td><td class=\"c n x5ab y3404 w37 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa54 y3404 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">247<span class=\"_ _335\"> </span></div></td><td class=\"c n xa55 y3404 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">150<span class=\"_ _335\"> </span></div></td><td class=\"c n xa56 y3404 w58 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,187<span class=\"_ _335\"> </span></div></td><td class=\"c n xa57 y3404 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">593<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y33e3 w211 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">Accumulated losses recognise<span class=\"_ _9\"></span>d as net liabilities</div><div class=\"t m0 xa58 h16 y32a3 ff2 fse fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xa59 y32e3 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa5a y32e3 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa5b y32e3 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa5c y32e3 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa5d y32e3 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa5e y32e3 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y32cc w212 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Market value of investme<span class=\"_ _9\"></span>nt prop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>ties</div><div class=\"t m0 xa5f h16 y32a9 ff2 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x25e y3356 w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">834<span class=\"_ _335\"> </span></div></td><td class=\"c n xa2a y3356 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">142<span class=\"_ _335\"> </span></div></td><td class=\"c n xa2b y3356 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">242<span class=\"_ _335\"> </span></div></td><td class=\"c n xa2c y3356 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">104<span class=\"_ _335\"> </span></div></td><td class=\"c n xa2d y3356 w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,322<span class=\"_ _335\"> </span></div></td><td class=\"c n xa2e y3356 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">661<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y32cd w213 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Net cas<span class=\"_ _9\"></span>h</div><div class=\"t m0 xa60 h16 y32a9 ff2 fse fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e3 y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">20<span class=\"_ _335\"> </span></div></td><td class=\"c n xa61 y32cd w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n xa62 y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">12<span class=\"_ _335\"> </span></div></td><td class=\"c n xa63 y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td><td class=\"c n xa64 y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">51<span class=\"_ _335\"> </span></div></td><td class=\"c n x9c6 y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">25<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls5 ws1 gs2de\">1. <span class=\"_ _9\"></span>Th<span class=\"_ _9\"></span>e diff<span class=\"_ _9\"></span>ere<span class=\"_ _9\"></span>nc<span class=\"_ _9\"></span>e be<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>we<span class=\"_ _9\"></span>en th<span class=\"_ _9\"></span>e bo<span class=\"_ _9\"></span>o<span class=\"_ _9\"></span>k valu<span class=\"_ _9\"></span>e and t<span class=\"_ _9\"></span>he m<span class=\"_ _9\"></span>arke<span class=\"_ _9\"></span>t valu<span class=\"_ _9\"></span>e of inv<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>tm<span class=\"_ _9\"></span>ent p<span class=\"_ _9\"></span>ro<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>es is t<span class=\"_ _9\"></span>he am<span class=\"_ _9\"></span>ou<span class=\"_ _9\"></span>nt re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>gni<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>d in re<span class=\"_ _9\"></span>sp<span class=\"_ _9\"></span>e<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t of l<span class=\"_ _9\"></span>eas<span class=\"_ _9\"></span>e in<span class=\"_ _9\"></span>cen<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>ves, h<span class=\"_ _9\"></span>ea<span class=\"_ _9\"></span>d le<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>es c<span class=\"_ _9\"></span>api<span class=\"_ _9\"></span>tali<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>d an<span class=\"_ _9\"></span>d<span class=\"_ _335\"> </span> </div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls7 ws6 gs2df\">properties treated as<span class=\"_ _11\"></span> finance leases, where<span class=\"_ _11\"></span> applicable.<span class=\"_ _335\"> </span></div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls5 ws1 gs2e0\">2<span class=\"_ _2\"></span>. <span class=\"_ _a\"></span>The G<span class=\"_ _9\"></span>ro<span class=\"_ _9\"></span>up\u2019s share o<span class=\"_ _9\"></span>f ac<span class=\"_ _9\"></span>cumu<span class=\"_ _9\"></span>la<span class=\"_ _9\"></span>ted l<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>s of a j<span class=\"_ _9\"></span>oin<span class=\"_ _9\"></span>t ven<span class=\"_ _9\"></span>ture i<span class=\"_ _9\"></span>nte<span class=\"_ _9\"></span>res<span class=\"_ _9\"></span>t a<span class=\"_ _9\"></span>re re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>gni<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>d as n<span class=\"_ _9\"></span>et l<span class=\"_ _9\"></span>iab<span class=\"_ _9\"></span>ili<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s (see no<span class=\"_ _9\"></span>te 32) wher<span class=\"_ _9\"></span>e the<span class=\"_ _9\"></span>re is a<span class=\"_ _9\"></span>n ob<span class=\"_ _9\"></span>lig<span class=\"_ _9\"></span>ati<span class=\"_ _9\"></span>on to p<span class=\"_ _9\"></span>rov<span class=\"_ _9\"></span>id<span class=\"_ _9\"></span>e for t<span class=\"_ _9\"></span>he<span class=\"_ _9\"></span>se lo<span class=\"_ _9\"></span>ss<span class=\"_ _9\"></span>es.<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls5 ws1 gs2e1\">3<span class=\"_ _11\"></span>. <span class=\"_ _32\"> </span>E<span class=\"_ _9\"></span>xclu<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>s fu<span class=\"_ _9\"></span>ndin<span class=\"_ _9\"></span>g pr<span class=\"_ _9\"></span>ovi<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>d by th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up an<span class=\"_ _9\"></span>d it<span class=\"_ _9\"></span>s jo<span class=\"_ _9\"></span>int ve<span class=\"_ _9\"></span>ntu<span class=\"_ _9\"></span>re p<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>tn<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>s.<span class=\"_ _335\"> </span></div>JOINT VENTU<span class=\"_ _9\"></span>RE<span class=\"_ _9\"></span>S<span class=\"_ _335\"> </span><table class=\"s w214 he2\" id=\"_ea24ed69-731b-4a46-8f45-3fa90a955007\"><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m0 x55a h15 y3430 ff3 fsd fc2 sc0 ls74 ws1\">Y<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>ar e<span class=\"_ _9\"></span>nd<span class=\"_ _9\"></span>ed 31 Mar<span class=\"_ _9\"></span>ch 2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td></td><td></td><td class=\"t m0 x559 h15 y3431 ff3 fsd fc2 sc0 ls83 ws87\">Wes<span class=\"_ _a\"></span>tga<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>e<span class=\"_ _9\"></span> </td><td></td><td></td><td></td></tr><tr><td></td><td></td><td class=\"t m0 x23f h15 y3432 ff3 fsd fc2 sc0 ls1 ws1\">Southside </td><td class=\"t m0 x55f h15 y3433 ff3 fsd fc2 sc0 ls1 ws1\">Oxford </td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m0 x337 h15 y3434 ff3 fsd fc2 sc0 ls154 ws181\">Nova, </td><td class=\"t m0 x581 h15 y3435 ff3 fsd fc2 sc0 ls76 ws13e\">Limited </td><td class=\"t m0 xa05 h15 y3436 ff3 fsd fc2 sc0 ls76 ws13e\">Alliance </td><td></td><td></td><td class=\"t m0 x247 h15 y3436 ff3 fsd fc2 sc0 lsa7 ws6c\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x7c3 h15 y3437 ff3 fsd fc2 sc0 ls77 ws7d\">Victoria<span class=\"_ _335\"> </span></td><td class=\"t m0 xa06 h15 y3438 ff3 fsd fc2 sc0 ls76 ws13e\">Partner<span class=\"_ _9\"></span>ship<span class=\"_ _335\"> </span></td><td class=\"t m0 xa07 h15 y3439 ff3 fsd fc2 sc0 ls76 ws13e\">Partner<span class=\"_ _9\"></span>ship<span class=\"_ _335\"> </span></td><td class=\"t m0 x2a3 h15 y3439 ff3 fsd fc2 sc0 ls75 ws7a\">Othe<span class=\"_ _9\"></span>r<span class=\"_ _335\"> </span></td><td class=\"t m0 x2ba h15 y3439 ff3 fsd fc2 sc0 lsa7 ws6c\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td><td class=\"t m0 x4f0 h15 y3439 ff3 fsd fc2 sc0 ls76 ws13e\">Group </td></tr><tr><td></td><td class=\"t m0 x337 h15 y343a ff3 fsd fc2 sc0 ls167 ws1a4\">100<span class=\"_ _9\"></span>%<span class=\"_ _335\"> </span></td><td class=\"t m0 x243 h15 y343b ff3 fsd fc2 sc0 ls167 ws1a4\">100<span class=\"_ _9\"></span>%<span class=\"_ _335\"> </span></td><td class=\"t m0 x9c1 h15 y343c ff3 fsd fc2 sc0 ls167 ws1a4\">100<span class=\"_ _9\"></span>%<span class=\"_ _335\"> </span></td><td class=\"t m0 x4ef h15 y343c ff3 fsd fc2 sc0 ls167 ws1a4\">100<span class=\"_ _9\"></span>%<span class=\"_ _335\"> </span></td><td class=\"t m0 x246 h15 y343c ff3 fsd fc2 sc0 ls167 ws1a4\">100<span class=\"_ _9\"></span>%<span class=\"_ _335\"> </span></td><td class=\"t m0 x33a h15 y343c ff3 fsd fc2 sc0 ls77 ws7d\">share<span class=\"_ _335\"> </span></td></tr><tr><td class=\"t m0 x297 h15 y343d ff2 fsd fc2 sc0 ls78 ws7f\">Balance sheet<span class=\"_ _335\"> </span></td><td class=\"t m0 x249 h15 y343d ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24a h15 y343e ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24b h15 y343f ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y343f ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y343f ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y343f ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c x24f y33fc w20a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Inv<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>stment proper<span class=\"_ _9\"></span>ties</div><div class=\"t m0 xa29 h16 y32a3 ff3 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x25e y33fc w20 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">753<span class=\"_ _335\"> </span></div></td><td class=\"c n xa2a y33fc w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">138<span class=\"_ _335\"> </span></div></td><td class=\"c n xa2b y33fc w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">229<span class=\"_ _335\"> </span></div></td><td class=\"c n xa65 y33fc w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">96<span class=\"_ _335\"> </span></div></td><td class=\"c n xa66 y33fc w59 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,216<span class=\"_ _335\"> </span></div></td><td class=\"c n xa67 y33fc w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">608<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3426 w20b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8e ws191\">Non-<span class=\"_ _9\"></span>curre<span class=\"_ _9\"></span>nt ass<span class=\"_ _9\"></span>ets<span class=\"_ _335\"> </span></div></td><td class=\"c n x3bc y3426 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">753<span class=\"_ _335\"> </span></div></td><td class=\"c n xa2f y3426 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">138<span class=\"_ _335\"> </span></div></td><td class=\"c n xa30 y3426 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">229<span class=\"_ _335\"> </span></div></td><td class=\"c n xa68 y3426 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">96<span class=\"_ _335\"> </span></div></td><td class=\"c n xa69 y3426 w5e hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,216<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c0 y3426 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">608<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3427 w61 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls65 ws90\">Cash and cash equivalents<span class=\"_ _335\"> </span></div></td><td class=\"c n xa33 y3427 w2d hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td><td class=\"c n xa34 y3427 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n x325 y3427 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td><td class=\"c n xa6a y3427 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n xa6b y3427 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">49<span class=\"_ _335\"> </span></div></td><td class=\"c n x660 y3427 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">24<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y33fe w62 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other current assets<span class=\"_ _335\"> </span></div></td><td class=\"c n xa35 y33fe w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">59<span class=\"_ _335\"> </span></div></td><td class=\"c n xa36 y33fe w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n xa37 y33fe w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td><td class=\"c n x2ef y33fe w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">90<span class=\"_ _335\"> </span></div></td><td class=\"c n x72c y33fe w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">168<span class=\"_ _335\"> </span></div></td><td class=\"c n x61e y33fe w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">84<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3428 w20c hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls3c ws143\">Curren<span class=\"_ _9\"></span>t ass<span class=\"_ _9\"></span>ets<span class=\"_ _335\"> </span></div></td><td class=\"c n xa38 y3428 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">87<span class=\"_ _335\"> </span></div></td><td class=\"c n x2c1 y3428 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td><td class=\"c n x2c2 y3428 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">25<span class=\"_ _335\"> </span></div></td><td class=\"c n x2c3 y3428 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">95<span class=\"_ _335\"> </span></div></td><td class=\"c n xa39 y3428 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">217<span class=\"_ _335\"> </span></div></td><td class=\"c n xa6c y3428 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">108<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3429 w65 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls7e ws85\">T<span class=\"_ _11\"></span>otal assets<span class=\"_ _335\"> </span></div></td><td class=\"c n x3bc y3429 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">840<span class=\"_ _335\"> </span></div></td><td class=\"c n xa2f y3429 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">148<span class=\"_ _335\"> </span></div></td><td class=\"c n xa30 y3429 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">254<span class=\"_ _335\"> </span></div></td><td class=\"c n xa31 y3429 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">191<span class=\"_ _335\"> </span></div></td><td class=\"c n xa69 y3429 w5e hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,433<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c0 y3429 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">716<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y342a w20d hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">T<span class=\"_ _11\"></span>rade and ot<span class=\"_ _2\"></span>her payables and<span class=\"_ _2\"></span> provisions<span class=\"_ _335\"> </span></div></td><td class=\"c n xa3a y342a w206 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(33)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa6d y342a w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(6)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa6e y342a w32 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(14)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa6f y342a w32 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(58)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa70 y342a w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(111)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa71 y342a w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(55)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y342b w20e hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">Current liabilities<span class=\"_ _335\"> </span></div></td><td class=\"c n xa40 y342b w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(33)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa3b y342b w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(6)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa72 y342b w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(14)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa73 y342b w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(58)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa74 y342b w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(111)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa75 y342b w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(55)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y342c w20f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws33\">Non-curr<span class=\"_ _9\"></span>ent liabiliti<span class=\"_ _9\"></span>es<span class=\"_ _335\"> </span></div></td><td class=\"c n xa46 y342c w206 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(78)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa76 y342c w29 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(148)<span class=\"_ _335\"> </span></div></td><td class=\"c n x3ec y342c w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa77 y342c w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa78 y342c w29 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(226)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa79 y342c w29 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(113)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y342d w210 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">Non-current liabilities<span class=\"_ _335\"> </span></div></td><td class=\"c n xa40 y342d w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(78)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa7a y342d w29 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(148)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa7b y342d w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa7c y342d w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa7d y342d w29 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(226)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa7e y342d w29 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(113)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y342e w72 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">T<span class=\"_ _11\"></span>otal liabilities<span class=\"_ _335\"> </span></div></td><td class=\"c n xa7f y342e w29 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(111)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa80 y342e w29 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(154)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa81 y342e w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(14)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa82 y342e w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(58)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa83 y342e w29 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(337)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa84 y342e w29 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(168)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y334a w215 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">Net assets/<span class=\"_ _11\"></span>(liabilities<span class=\"_ _11\"></span>)<span class=\"_ _335\"> </span></div></td><td class=\"c n x645 y334a w20 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">729<span class=\"_ _335\"> </span></div></td><td class=\"c n xa85 y334a w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(6)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa30 y334a w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">240<span class=\"_ _335\"> </span></div></td><td class=\"c n xa31 y334a w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">133<span class=\"_ _335\"> </span></div></td><td class=\"c n xa69 y334a w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,096<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c0 y334a w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">548<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x297 h9 y3440 ff3 fs6 fc2 sc0 ls29 ws28\">Comprised of<span class=\"_ _2\"></span>:<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y3404 w73 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1e wsb4\">Net assets<span class=\"_ _335\"> </span></div></td><td class=\"c n xa53 y3404 w20 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">729<span class=\"_ _335\"> </span></div></td><td class=\"c n xa86 y3404 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa87 y3404 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">240<span class=\"_ _335\"> </span></div></td><td class=\"c n xa88 y3404 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">133<span class=\"_ _335\"> </span></div></td><td class=\"c n xa89 y3404 w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,102<span class=\"_ _335\"> </span></div></td><td class=\"c n xa8a y3404 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">551<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y33e3 w211 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">Accumulated losses recognise<span class=\"_ _9\"></span>d as net liabilities</div><div class=\"t m0 xa58 h16 y32a3 ff2 fse fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xa59 y32e3 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa8b y32e3 w87 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(6)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa8c y32e3 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa8d y32e3 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa8e y32e3 w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(6)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa8f y32e3 w87 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(3)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y32cc w212 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Market value of investme<span class=\"_ _9\"></span>nt prop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>ties</div><div class=\"t m0 xa5f h16 y32a9 ff2 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x25e y3356 w20 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">802<span class=\"_ _335\"> </span></div></td><td class=\"c n xa2a y3356 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">139<span class=\"_ _335\"> </span></div></td><td class=\"c n xa2b y3356 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">235<span class=\"_ _335\"> </span></div></td><td class=\"c n xa65 y3356 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">96<span class=\"_ _335\"> </span></div></td><td class=\"c n xa66 y3356 w59 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,272<span class=\"_ _335\"> </span></div></td><td class=\"c n xa90 y3356 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">636<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y32cd w213 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Net cas<span class=\"_ _9\"></span>h</div><div class=\"t m0 xa60 h16 y32a9 ff2 fse fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e3 y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td><td class=\"c n xa61 y32cd w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n xa62 y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td><td class=\"c n xa91 y32cd w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n xa92 y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">49<span class=\"_ _335\"> </span></div></td><td class=\"c n xa93 y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">24<span class=\"_ _335\"> </span></div></td></tr></table>1. <span class=\"_ _9\"></span>Th<span class=\"_ _9\"></span>e diff<span class=\"_ _9\"></span>ere<span class=\"_ _9\"></span>nc<span class=\"_ _9\"></span>e be<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>we<span class=\"_ _9\"></span>en th<span class=\"_ _9\"></span>e bo<span class=\"_ _9\"></span>o<span class=\"_ _9\"></span>k valu<span class=\"_ _9\"></span>e and t<span class=\"_ _9\"></span>he m<span class=\"_ _9\"></span>arke<span class=\"_ _9\"></span>t valu<span class=\"_ _9\"></span>e of inv<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>tm<span class=\"_ _9\"></span>ent p<span class=\"_ _9\"></span>ro<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>es is t<span class=\"_ _9\"></span>he am<span class=\"_ _9\"></span>ou<span class=\"_ _9\"></span>nt re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>gni<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>d in re<span class=\"_ _9\"></span>sp<span class=\"_ _9\"></span>e<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t of l<span class=\"_ _9\"></span>eas<span class=\"_ _9\"></span>e in<span class=\"_ _9\"></span>cen<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>ves, h<span class=\"_ _9\"></span>ea<span class=\"_ _9\"></span>d le<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>es c<span class=\"_ _9\"></span>api<span class=\"_ _9\"></span>tali<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>d an<span class=\"_ _9\"></span>d<span class=\"_ _335\"> </span>properties treated as<span class=\"_ _11\"></span> finance leases, where<span class=\"_ _11\"></span> applicable.<span class=\"_ _335\"> </span>2<span class=\"_ _2\"></span>. <span class=\"_ _a\"></span>The G<span class=\"_ _9\"></span>ro<span class=\"_ _9\"></span>up\u2019s share o<span class=\"_ _9\"></span>f ac<span class=\"_ _9\"></span>cumu<span class=\"_ _9\"></span>la<span class=\"_ _9\"></span>ted l<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>s of a j<span class=\"_ _9\"></span>oin<span class=\"_ _9\"></span>t ven<span class=\"_ _9\"></span>ture i<span class=\"_ _9\"></span>nte<span class=\"_ _9\"></span>res<span class=\"_ _9\"></span>t a<span class=\"_ _9\"></span>re re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>gni<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>d as n<span class=\"_ _9\"></span>et l<span class=\"_ _9\"></span>iab<span class=\"_ _9\"></span>ili<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s (see no<span class=\"_ _9\"></span>te 32) wher<span class=\"_ _9\"></span>e the<span class=\"_ _9\"></span>re is a<span class=\"_ _9\"></span>n ob<span class=\"_ _9\"></span>lig<span class=\"_ _9\"></span>ati<span class=\"_ _9\"></span>on to p<span class=\"_ _9\"></span>rov<span class=\"_ _9\"></span>id<span class=\"_ _9\"></span>e for t<span class=\"_ _9\"></span>he<span class=\"_ _9\"></span>se lo<span class=\"_ _9\"></span>ss<span class=\"_ _9\"></span>es.<span class=\"_ _335\"> </span>3<span class=\"_ _11\"></span>. <span class=\"_ _32\"> </span>E<span class=\"_ _9\"></span>xclu<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>s fu<span class=\"_ _9\"></span>ndin<span class=\"_ _9\"></span>g pr<span class=\"_ _9\"></span>ovi<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>d by th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up an<span class=\"_ _9\"></span>d it<span class=\"_ _9\"></span>s jo<span class=\"_ _9\"></span>int ve<span class=\"_ _9\"></span>ntu<span class=\"_ _9\"></span>re p<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>tn<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>s.<span class=\"_ _335\"> </span>JOINT VENTU<span class=\"_ _9\"></span>RE<span class=\"_ _9\"></span>S<span class=\"_ _335\"> </span><table class=\"s w216 he3\" id=\"_83727c2f-05d0-4e7e-9da0-27702bd436da\"><tr><td></td><td></td><td></td><td class=\"t m0 xa94 h15 y3441 ff2 fsd fc2 sc0 ls117 ws155\">We<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>tg<span class=\"_ _9\"></span>a<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span> </td><td></td><td></td></tr><tr><td></td><td></td><td class=\"t m0 x51e h15 y3442 ff2 fsd fc2 sc0 ls1 ws1\">Southside </td><td class=\"t m0 xa95 h15 y3443 ff2 fsd fc2 sc0 ls7b ws82\">Ox<span class=\"_ _9\"></span>ford<span class=\"_ _9\"></span> </td><td></td><td></td></tr><tr><td></td><td class=\"t m0 x2bb h15 y3444 ff2 fsd fc2 sc0 ls102 ws129\">Nova,<span class=\"_ _9\"></span> </td><td class=\"t m0 xa96 h15 y3445 ff2 fsd fc2 sc0 ls7b ws82\">Limite<span class=\"_ _9\"></span>d </td><td class=\"t m0 xa97 h15 y3446 ff2 fsd fc2 sc0 ls78 ws7e\">Alliance </td><td></td><td></td></tr><tr><td></td><td class=\"t m0 x23c h15 y3447 ff2 fsd fc2 sc0 ls1 ws1\">Victoria<span class=\"_ _335\"> </span></td><td class=\"t m0 x9bf h15 y3448 ff2 fsd fc2 sc0 ls78 ws7e\">Partnership<span class=\"_ _335\"> </span></td><td class=\"t m0 xa98 h15 y3449 ff2 fsd fc2 sc0 ls78 ws7e\">Partnership<span class=\"_ _335\"> </span></td><td class=\"t m0 x873 h15 y3449 ff2 fsd fc2 sc0 ls41 ws7c\">Other<span class=\"_ _335\"> </span></td><td class=\"t m0 x33a h15 y3449 ff2 fsd fc2 sc0 lsa4 wsb2\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 xa99 h15 y344a ff2 fsd fc2 sc0 ls76 ws13e\">Group </td><td class=\"t m0 x5c7 h15 y344b ff2 fsd fc2 sc0 ls76 ws13e\">Group </td><td class=\"t m0 x576 h15 y344c ff2 fsd fc2 sc0 ls76 ws13e\">Group </td><td class=\"t m0 xa9a h15 y344c ff2 fsd fc2 sc0 ls76 ws13e\">Group </td><td class=\"t m0 x9c0 h15 y344c ff2 fsd fc2 sc0 ls76 ws13e\">Group </td></tr><tr><td></td><td class=\"t m0 x243 h15 y344d ff2 fsd fc2 sc0 ls11c ws150\">share<span class=\"_ _335\"> </span></td><td class=\"t m0 x9c1 h15 y344e ff2 fsd fc2 sc0 ls11c ws150\">share<span class=\"_ _335\"> </span></td><td class=\"t m0 x4ef h15 y344f ff2 fsd fc2 sc0 ls11c ws150\">share<span class=\"_ _335\"> </span></td><td class=\"t m0 x246 h15 y344f ff2 fsd fc2 sc0 ls11c ws150\">share<span class=\"_ _335\"> </span></td><td class=\"t m0 x7c1 h15 y344f ff2 fsd fc2 sc0 ls11c ws150\">share<span class=\"_ _335\"> </span></td></tr><tr><td class=\"t m0 x297 h15 y3450 ff2 fsd fc2 sc0 ls7a ws38\">Net in<span class=\"_ _11\"></span>vestment<span class=\"_ _335\"> </span></td><td class=\"t m0 x24a h15 y3451 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24b h15 y3452 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y3453 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y3453 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3453 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y33ff w7f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">At 1 April 20<span class=\"_ _11\"></span>24<span class=\"_ _335\"> </span></div></td><td class=\"c n xa9b y33ff w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">344<span class=\"_ _335\"> </span></div></td><td class=\"c n xa9c y33ff w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(5)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa9d y33ff w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">121<span class=\"_ _335\"> </span></div></td><td class=\"c n x5a8 y33ff w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">61<span class=\"_ _335\"> </span></div></td><td class=\"c n xa9e y33ff w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">521<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3400 w217 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">T<span class=\"_ _11\"></span>otal comprehensiv<span class=\"_ _11\"></span>e income<span class=\"_ _335\"> </span></div></td><td class=\"c n x273 y3400 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">20<span class=\"_ _335\"> </span></div></td><td class=\"c n xa9f y3400 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x970 y3400 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">12<span class=\"_ _335\"> </span></div></td><td class=\"c n xaa0 y3400 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xaa1 y3400 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">37<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y342a w218 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls65 ws90\">Cash and other distributions<span class=\"_ _335\"> </span></div></td><td class=\"c n xaa2 y342a w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xaa3 y342a w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xaa4 y342a w32 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(11)<span class=\"_ _335\"> </span></div></td><td class=\"c n xaa5 y342a w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n xaa6 y342a w32 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(12)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y342b w219 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other non-cash mov<span class=\"_ _2\"></span>ements<span class=\"_ _335\"> </span></div></td><td class=\"c n xaa7 y342b w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xaa8 y342b w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n xaa9 y342b w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td><td class=\"c n x5a0 y342b w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n xaaa y342b w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3454 w8b hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">At 3<span class=\"_ _11\"></span>1 Marc<span class=\"_ _9\"></span>h 20<span class=\"_ _11\"></span>25<span class=\"_ _335\"> </span></div></td><td class=\"c n x7a7 y3454 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">365<span class=\"_ _335\"> </span></div></td><td class=\"c n xaab y3454 w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(3)<span class=\"_ _335\"> </span></div></td><td class=\"c n x3f5 y3454 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">120<span class=\"_ _335\"> </span></div></td><td class=\"c n xaac y3454 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">66<span class=\"_ _335\"> </span></div></td><td class=\"c n xaad y3454 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">548<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3455 w202 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">T<span class=\"_ _11\"></span>ota<span class=\"_ _2\"></span>l compr<span class=\"_ _2\"></span>ehensiv<span class=\"_ _2\"></span>e income<span class=\"_ _335\"> </span></div></td><td class=\"c n x273 y3455 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td><td class=\"c n xa9f y3455 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x970 y3455 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td><td class=\"c n xaa0 y3455 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n xaa1 y3455 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">52<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y342d w21a hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls7e ws85\">Cash and other distr<span class=\"_ _2\"></span>ibutions<span class=\"_ _335\"> </span></div></td><td class=\"c n x363 y342d w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xaae y342d w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x977 y342d w27 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(11)<span class=\"_ _335\"> </span></div></td><td class=\"c n xaaf y342d w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xab0 y342d w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(11)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3456 w21b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">Other non-ca<span class=\"_ _2\"></span>sh mo<span class=\"_ _2\"></span>vemen<span class=\"_ _2\"></span>ts<span class=\"_ _335\"> </span></div></td><td class=\"c n xab1 y3456 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xab2 y3456 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xab3 y3456 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x570 y3456 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xab4 y3456 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3457 w90 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">At 3<span class=\"_ _11\"></span>1 Mar<span class=\"_ _9\"></span>ch 20<span class=\"_ _2\"></span>26<span class=\"_ _335\"> </span></div></td><td class=\"c n xab5 y3457 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">395<span class=\"_ _335\"> </span></div></td><td class=\"c n xab6 y3457 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xab7 y3457 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">123<span class=\"_ _335\"> </span></div></td><td class=\"c n xab8 y3457 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">75<span class=\"_ _335\"> </span></div></td><td class=\"c n xab9 y3457 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">593<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x297 h9 y3458 ff3 fs6 fc2 sc0 ls29 ws28\">Comprised of<span class=\"_ _2\"></span>:<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m0 x297 h9 y3459 ff3 fs6 fc2 sc0 ls22 ws1\">At 3<span class=\"_ _11\"></span>1 Marc<span class=\"_ _9\"></span>h 20<span class=\"_ _11\"></span>25<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y345a w21c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Non-curren<span class=\"_ _2\"></span>t assets<span class=\"_ _335\"> </span></div></td><td class=\"c n xaba y345a w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">365<span class=\"_ _335\"> </span></div></td><td class=\"c n xabb y345a w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xabc y345a w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">120<span class=\"_ _335\"> </span></div></td><td class=\"c n xabd y345a w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">66<span class=\"_ _335\"> </span></div></td><td class=\"c n x590 y345a w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">551<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y345c w20a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws33\">Non-curr<span class=\"_ _9\"></span>ent liabiliti<span class=\"_ _9\"></span>es</div><div class=\"t m0 xa29 h16 y345b ff3 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xabe y32e3 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xabf y32e3 w87 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(3)<span class=\"_ _335\"> </span></div></td><td class=\"c n xac0 y32e3 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xac1 y32e3 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xac2 y32e3 w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(3)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x297 h9 y345d ff2 fs6 fc2 sc0 ls22 ws1\">At 3<span class=\"_ _11\"></span>1 Mar<span class=\"_ _9\"></span>ch 20<span class=\"_ _2\"></span>26<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y3356 w20b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8e ws191\">Non-<span class=\"_ _9\"></span>curre<span class=\"_ _9\"></span>nt ass<span class=\"_ _9\"></span>ets<span class=\"_ _335\"> </span></div></td><td class=\"c n xab5 y3356 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">395<span class=\"_ _335\"> </span></div></td><td class=\"c n xab6 y3356 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xab7 y3356 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">123<span class=\"_ _335\"> </span></div></td><td class=\"c n xab8 y3356 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">75<span class=\"_ _335\"> </span></div></td><td class=\"c n xab9 y3356 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">593<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y33e4 w10f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">Non-current liabilities</div><div class=\"t m0 x591 h16 y32a3 ff2 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xac3 y32cd w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xac4 y32cd w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xac5 y32cd w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xac6 y32cd w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xac7 y32cd w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr></table>1. <span class=\"_ _9\"></span>Th<span class=\"_ _9\"></span>e Gr<span class=\"_ _9\"></span>oup\u2019s shar<span class=\"_ _9\"></span>e of a<span class=\"_ _9\"></span>ccu<span class=\"_ _9\"></span>mul<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>d lo<span class=\"_ _9\"></span>ss<span class=\"_ _9\"></span>es o<span class=\"_ _9\"></span>f a joi<span class=\"_ _9\"></span>nt ve<span class=\"_ _9\"></span>ntur<span class=\"_ _9\"></span>e int<span class=\"_ _9\"></span>ere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t are r<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>og<span class=\"_ _9\"></span>nis<span class=\"_ _9\"></span>ed a<span class=\"_ _9\"></span>s ne<span class=\"_ _9\"></span>t lia<span class=\"_ _9\"></span>bil<span class=\"_ _9\"></span>iti<span class=\"_ _9\"></span>es (see n<span class=\"_ _9\"></span>ot<span class=\"_ _9\"></span>e 32<span class=\"_ _11\"></span>) w<span class=\"_ _9\"></span>he<span class=\"_ _9\"></span>re th<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>e is an o<span class=\"_ _9\"></span>bli<span class=\"_ _9\"></span>ga<span class=\"_ _9\"></span>tio<span class=\"_ _9\"></span>n to pr<span class=\"_ _9\"></span>ovi<span class=\"_ _9\"></span>de fo<span class=\"_ _9\"></span>r th<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>e los<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>s.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfJointVenturesExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-379": {
   "value": "15<span class=\"_ _118\"> </span><span class=\"fc4 lsd2 wsf3\">JOINT ARR<span class=\"_ _9\"></span>ANGEMENTS<span class=\"_ _335\"> </span></span>A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Joint ar<span class=\"_ _9\"></span>range<span class=\"_ _9\"></span>ment<span class=\"_ _9\"></span>s are th<span class=\"_ _9\"></span>ose en<span class=\"_ _9\"></span>titie<span class=\"_ _9\"></span>s over wh<span class=\"_ _9\"></span>ose a<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tiv<span class=\"_ _9\"></span>itie<span class=\"_ _9\"></span>s the Gro<span class=\"_ _9\"></span>up has j<span class=\"_ _9\"></span>oint co<span class=\"_ _9\"></span>ntrol, es<span class=\"_ _9\"></span>tabli<span class=\"_ _9\"></span>she<span class=\"_ _9\"></span>d by contra<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tual a<span class=\"_ _9\"></span>gree<span class=\"_ _9\"></span>men<span class=\"_ _9\"></span>t. Interes<span class=\"_ _9\"></span>ts in j<span class=\"_ _9\"></span>oint<span class=\"_ _335\"> </span>arrang<span class=\"_ _9\"></span>eme<span class=\"_ _9\"></span>nts ar<span class=\"_ _9\"></span>e acco<span class=\"_ _9\"></span>unted fo<span class=\"_ _9\"></span>r as ei<span class=\"_ _9\"></span>ther a j<span class=\"_ _9\"></span>oint ventu<span class=\"_ _9\"></span>re or a jo<span class=\"_ _9\"></span>int op<span class=\"_ _9\"></span>erati<span class=\"_ _9\"></span>on. The trea<span class=\"_ _9\"></span>tme<span class=\"_ _9\"></span>nt as ei<span class=\"_ _9\"></span>ther a j<span class=\"_ _9\"></span>oint ventu<span class=\"_ _9\"></span>re or a joi<span class=\"_ _9\"></span>nt ope<span class=\"_ _9\"></span>rati<span class=\"_ _9\"></span>on will<span class=\"_ _335\"> </span>dep<span class=\"_ _9\"></span>end o<span class=\"_ _9\"></span>n whe<span class=\"_ _9\"></span>the<span class=\"_ _9\"></span>r the Gro<span class=\"_ _9\"></span>up has ri<span class=\"_ _9\"></span>ghts to th<span class=\"_ _9\"></span>e ne<span class=\"_ _9\"></span>t ass<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s, or a dire<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t in the as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ts an<span class=\"_ _9\"></span>d liabili<span class=\"_ _9\"></span>ties o<span class=\"_ _9\"></span>f the arran<span class=\"_ _9\"></span>gem<span class=\"_ _9\"></span>ent.<span class=\"_ _335\"> </span>A joint arr<span class=\"_ _9\"></span>ange<span class=\"_ _9\"></span>ment i<span class=\"_ _9\"></span>s acco<span class=\"_ _9\"></span>unted f<span class=\"_ _9\"></span>or as a jo<span class=\"_ _9\"></span>int ventur<span class=\"_ _9\"></span>e whe<span class=\"_ _9\"></span>n the Gro<span class=\"_ _9\"></span>up, along w<span class=\"_ _9\"></span>ith the o<span class=\"_ _9\"></span>ther p<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>es tha<span class=\"_ _9\"></span>t have j<span class=\"_ _9\"></span>oint co<span class=\"_ _9\"></span>ntrol o<span class=\"_ _9\"></span>f the arran<span class=\"_ _9\"></span>gem<span class=\"_ _9\"></span>ent,<span class=\"_ _335\"> </span>has rig<span class=\"_ _9\"></span>hts to th<span class=\"_ _9\"></span>e net a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>ts o<span class=\"_ _9\"></span>f the arra<span class=\"_ _9\"></span>ngem<span class=\"_ _9\"></span>ent. Intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>ts in jo<span class=\"_ _9\"></span>int ventur<span class=\"_ _9\"></span>es are a<span class=\"_ _9\"></span>ccoun<span class=\"_ _9\"></span>ted fo<span class=\"_ _9\"></span>r using th<span class=\"_ _9\"></span>e equi<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y me<span class=\"_ _9\"></span>tho<span class=\"_ _9\"></span>d of acc<span class=\"_ _9\"></span>ounting. The e<span class=\"_ _9\"></span>quit<span class=\"_ _9\"></span>y<span class=\"_ _335\"> </span>meth<span class=\"_ _9\"></span>od re<span class=\"_ _9\"></span>quire<span class=\"_ _9\"></span>s the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _11\"></span>s s<span class=\"_ _9\"></span>hare of th<span class=\"_ _9\"></span>e joint ve<span class=\"_ _9\"></span>nture\u2019<span class=\"_ _11\"></span>s p<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>t-tax profi<span class=\"_ _9\"></span>t or los<span class=\"_ _9\"></span>s for th<span class=\"_ _9\"></span>e year to b<span class=\"_ _9\"></span>e pres<span class=\"_ _9\"></span>ente<span class=\"_ _9\"></span>d sep<span class=\"_ _9\"></span>arate<span class=\"_ _9\"></span>ly in the i<span class=\"_ _9\"></span>ncom<span class=\"_ _9\"></span>e s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent<span class=\"_ _335\"> </span>and the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _11\"></span>s s<span class=\"_ _9\"></span>hare of th<span class=\"_ _9\"></span>e joint ve<span class=\"_ _9\"></span>nture\u2019<span class=\"_ _11\"></span>s n<span class=\"_ _9\"></span>et a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>ts to b<span class=\"_ _9\"></span>e pre<span class=\"_ _9\"></span>sen<span class=\"_ _9\"></span>ted se<span class=\"_ _9\"></span>para<span class=\"_ _9\"></span>tely in th<span class=\"_ _9\"></span>e bal<span class=\"_ _9\"></span>ance sh<span class=\"_ _9\"></span>ee<span class=\"_ _9\"></span>t.<span class=\"_ _335\"> </span>A joint arr<span class=\"_ _9\"></span>ange<span class=\"_ _9\"></span>ment i<span class=\"_ _9\"></span>s acco<span class=\"_ _9\"></span>unted f<span class=\"_ _9\"></span>or as a jo<span class=\"_ _9\"></span>int op<span class=\"_ _9\"></span>erati<span class=\"_ _9\"></span>on wh<span class=\"_ _9\"></span>en the G<span class=\"_ _9\"></span>roup, along w<span class=\"_ _9\"></span>ith th<span class=\"_ _9\"></span>e par<span class=\"_ _a\"></span>ties tha<span class=\"_ _9\"></span>t have jo<span class=\"_ _9\"></span>int con<span class=\"_ _9\"></span>trol of th<span class=\"_ _9\"></span>e arrang<span class=\"_ _9\"></span>eme<span class=\"_ _9\"></span>nt,<span class=\"_ _335\"> </span>has rig<span class=\"_ _9\"></span>hts to th<span class=\"_ _9\"></span>e ass<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s and ob<span class=\"_ _9\"></span>liga<span class=\"_ _9\"></span>tions f<span class=\"_ _9\"></span>or the li<span class=\"_ _9\"></span>abiliti<span class=\"_ _9\"></span>es re<span class=\"_ _9\"></span>latin<span class=\"_ _9\"></span>g to the arran<span class=\"_ _9\"></span>gem<span class=\"_ _9\"></span>ent. The Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s sh<span class=\"_ _9\"></span>are of jo<span class=\"_ _9\"></span>intly co<span class=\"_ _9\"></span>ntroll<span class=\"_ _9\"></span>ed as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ts, re<span class=\"_ _9\"></span>late<span class=\"_ _9\"></span>d<span class=\"_ _335\"> </span>liabili<span class=\"_ _9\"></span>ties, in<span class=\"_ _9\"></span>come a<span class=\"_ _9\"></span>nd exp<span class=\"_ _9\"></span>ens<span class=\"_ _9\"></span>es are c<span class=\"_ _9\"></span>ombin<span class=\"_ _9\"></span>ed w<span class=\"_ _9\"></span>ith the e<span class=\"_ _9\"></span>qui<span class=\"_ _9\"></span>valent i<span class=\"_ _9\"></span>tems in th<span class=\"_ _9\"></span>e financ<span class=\"_ _9\"></span>ial s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s on a line<span class=\"_ _9\"></span>-by-line basis.<span class=\"_ _335\"> </span>The Group<span class=\"_ _2\"></span>\u2019<span class=\"_ _11\"></span>s principa<span class=\"_ _2\"></span>l joint<span class=\"_ _2\"></span> arrangements a<span class=\"_ _2\"></span>re described below<span class=\"_ _2\"></span>:<span class=\"_ _335\"> </span><table class=\"s w1ca hdf\" id=\"_319c2fb7-5484-4be2-b456-c96fab11de74\"><tr><td class=\"c x24f y33d3 w1cb hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls87 ws8b\">Joint venture<span class=\"_ _9\"></span>s</div><div class=\"t m0 x98d h48 y3267 ff2 fs39 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"t m0 x98e h15 y33d4 ff2 fsd fc2 sc0 ls41 ws36\">Percen<span class=\"_ _2\"></span>tage o<span class=\"_ _11\"></span>wned </td><td class=\"c n x98f y33d3 w1cc hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls1 ws8e\">Business segment<span class=\"_ _335\"> </span></div></td><td class=\"c x991 y33d3 w1cd hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls74 ws1\">Year en<span class=\"_ _9\"></span>d da<span class=\"_ _9\"></span>te</div><div class=\"t m0 x990 h48 y3267 ff2 fs39 fc2 sc0 ls1 ws1\">3</div></td><td class=\"t m0 x2b8 h15 y33d4 ff2 fsd fc2 sc0 ls1 ws1\"> <span class=\"_ _1c5\"> </span><span class=\"ls41 ws36\">Joint vent<span class=\"_ _11\"></span>ure partner<span class=\"_ _335\"> </span></span></td></tr><tr><td></td><td class=\"c x993 y33d5 w1ce hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls74 ws1\">&amp;<span class=\"_ gs2b8\"> </span>votin<span class=\"_ _9\"></span>g rig<span class=\"_ _9\"></span>hts</div><div class=\"t m0 x992 h48 y3267 ff2 fs39 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td></tr><tr><td class=\"t m0 x297 h9 y33d6 ff2 fs6 fc2 sc0 ls22 ws1\">Hel<span class=\"_ _9\"></span>d at 31 March 20<span class=\"_ _11\"></span>26<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x24f y33d7 w1cf hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Nova<span class=\"_ _11\"></span>, Vic<span class=\"_ _9\"></span>toria</div><div class=\"t m0 x994 h16 y32a3 ff3 fse fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n x993 y33d7 w1d0 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls4b wsd0\">50%<span class=\"_ _335\"> </span></div></td><td class=\"c n x995 y33d7 w1d1 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws48\">Office-led<span class=\"_ _335\"> </span></div></td><td class=\"c n x996 y33d7 w1d2 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls136 ws1e\">31<span class=\"_ _9\"></span> M<span class=\"_ _a\"></span>a<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>c<span class=\"_ _a\"></span>h<span class=\"_ _335\"> </span></div></td><td class=\"c n x997 y33d7 w1d3 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">S<span class=\"_ _9\"></span>untec Re<span class=\"_ _9\"></span>al Es<span class=\"_ _9\"></span>tate Inve<span class=\"_ _9\"></span>stm<span class=\"_ _9\"></span>ent T<span class=\"_ _2\"></span>rus<span class=\"_ _9\"></span>t<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y33d8 w1d4 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws33\">South<span class=\"_ _9\"></span>side Limite<span class=\"_ _9\"></span>d Partn<span class=\"_ _9\"></span>ership<span class=\"_ _335\"> </span></div></td><td class=\"c n x998 y33d8 w1d0 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls4b wsd0\">50%<span class=\"_ _335\"> </span></div></td><td class=\"c n x999 y33d8 w1d5 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls26 ws25\">Retai<span class=\"_ _9\"></span>l-le<span class=\"_ _9\"></span>d<span class=\"_ _335\"> </span></div></td><td class=\"c n x99a y33d8 w1d6 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls136 ws1e\">31<span class=\"_ _9\"></span> M<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>r<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>h<span class=\"_ _335\"> </span></div></td><td class=\"c n x99b y33d8 w1d7 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Inve<span class=\"_ _9\"></span>sco Real E<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>tate Europ<span class=\"_ _9\"></span>ean Fund<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y33d9 w1d8 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws33\">Westgate O<span class=\"_ _9\"></span>x<span class=\"_ _9\"></span>ford Allianc<span class=\"_ _9\"></span>e Limited Par<span class=\"_ _9\"></span>tner<span class=\"_ _9\"></span>ship<span class=\"_ _335\"> </span></div></td><td class=\"c n x99c y33d9 w1d0 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls4b wsd0\">50%<span class=\"_ _335\"> </span></div></td><td class=\"c n x99d y33d9 w1d9 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls26 ws25\">Retail-l<span class=\"_ _9\"></span>e<span class=\"_ _9\"></span>d<span class=\"_ _335\"> </span></div></td><td class=\"c n x99e y33d9 w1da hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls136 ws1e\">31<span class=\"_ _a\"></span> M<span class=\"_ _9\"></span>a<span class=\"_ _9\"></span>r<span class=\"_ _a\"></span>c<span class=\"_ _9\"></span>h<span class=\"_ _335\"> </span></div></td><td class=\"c n x99f y33d9 w1db hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">The C<span class=\"_ _9\"></span>rown E<span class=\"_ _9\"></span>sta<span class=\"_ _9\"></span>te Com<span class=\"_ _9\"></span>mis<span class=\"_ _9\"></span>sion<span class=\"_ _9\"></span>ers<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y33da w1dc hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Har<span class=\"_ _9\"></span>ve<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t</div><div class=\"t m0 x9a0 h16 y32a3 ff3 fse fc2 sc0 ls165 ws1a2\">5,7<span class=\"_ _335\"> </span></div></td><td class=\"c n x993 y33da w1d0 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls4b wsd0\">50%<span class=\"_ _335\"> </span></div></td><td class=\"c n x995 y33da w1dd hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other assets<span class=\"_ _335\"> </span></div></td><td class=\"c n x9a1 y33da w1de hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls136 ws1e\">31<span class=\"_ _9\"></span> M<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>r<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>h<span class=\"_ _335\"> </span></div></td><td class=\"c n x9a2 y33da w1df hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">J S<span class=\"_ _9\"></span>ainsb<span class=\"_ _9\"></span>ur<span class=\"_ _9\"></span>y pl<span class=\"_ _9\"></span>c<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y33db w1e0 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws33\">The Ebbsfle<span class=\"_ _9\"></span>et Limi<span class=\"_ _9\"></span>ted Par<span class=\"_ _9\"></span>tners<span class=\"_ _9\"></span>hip</div><div class=\"t m0 x9a3 h16 y32a9 ff3 fse fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n x993 y33db w1d0 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls4b wsd0\">50%<span class=\"_ _335\"> </span></div></td><td class=\"c n x995 y33db w1dd hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other assets<span class=\"_ _335\"> </span></div></td><td class=\"c n x9a1 y33db w1de hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls136 ws1e\">31<span class=\"_ _9\"></span> M<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>r<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>h<span class=\"_ _335\"> </span></div></td><td class=\"c n x9a2 y33db w1e1 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Ebbsfleet Proper<span class=\"_ _9\"></span>ty Limited<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y33dc w1e2 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">West Indi<span class=\"_ _9\"></span>a Qu<span class=\"_ _9\"></span>ay Unit Trust</div><div class=\"t m0 x9a4 h16 y32a3 ff3 fse fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n x993 y33dc w1d0 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls4b wsd0\">50%<span class=\"_ _335\"> </span></div></td><td class=\"c n x995 y33dc w1dd hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other assets<span class=\"_ _335\"> </span></div></td><td class=\"c n x9a1 y33dc w1de hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls136 ws1e\">31<span class=\"_ _9\"></span> M<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>r<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>h<span class=\"_ _335\"> </span></div></td><td class=\"c n x9a2 y33dc w1e3 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">S<span class=\"_ _9\"></span>chro<span class=\"_ _9\"></span>der UK Re<span class=\"_ _9\"></span>al Es<span class=\"_ _9\"></span>tate Fund<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y33dd w1e4 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws48\">Mayfield</div><div class=\"t m0 x9a5 h16 y32a3 ff3 fse fc2 sc0 ls165 ws1a2\">6,7<span class=\"_ _335\"> </span></div></td><td class=\"c n x993 y33de w1d0 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls4b wsd0\">50%<span class=\"_ _335\"> </span></div></td><td class=\"c n x995 y33de w1e5 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws48\">Resident<span class=\"_ _11\"></span>ial-led<span class=\"_ _335\"> </span></div></td><td class=\"c n x9a6 y33de w1d2 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls136 ws1e\">31<span class=\"_ _9\"></span> M<span class=\"_ _a\"></span>a<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>c<span class=\"_ _a\"></span>h<span class=\"_ _335\"> </span></div></td><td class=\"c n x9a7 y33de w1e6 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">L<span class=\"_ _2\"></span>CR Li<span class=\"_ _11\"></span>mited, Manchester City Council<span class=\"_ _2\"></span>,<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td></td><td></td><td></td><td class=\"t m0 x9a8 h9 y33df ff3 fs6 fc2 sc0 ls29 ws28\">T<span class=\"_ _11\"></span>ransport for Greater Manchester<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c x24f y33e0 w1e7 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws33\">Curzo<span class=\"_ _9\"></span>n Park Limited</div><div class=\"t m0 x9a9 h16 y32a3 ff3 fse fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n x993 y33e1 w1d0 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls4b wsd0\">50%<span class=\"_ _335\"> </span></div></td><td class=\"c n x995 y33e1 w1dd hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other assets<span class=\"_ _335\"> </span></div></td><td class=\"c n x9a1 y33e1 w1de hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls136 ws1e\">31<span class=\"_ _9\"></span> M<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>r<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>h<span class=\"_ _335\"> </span></div></td><td class=\"c n x9a2 y33e1 w1e8 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Der<span class=\"_ _9\"></span>went Developments (<span class=\"_ _11\"></span>Curzon<span class=\"_ _11\"></span>)<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td></td><td></td><td></td><td class=\"t m0 x9a8 h9 y33e2 ff3 fs6 fc2 sc0 ls36 ws77\">Limited<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c x24f y33e3 w1e9 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls37 ws34\">Landmark Cour<span class=\"_ _a\"></span>t P<span class=\"_ _11\"></span>ar<span class=\"_ _a\"></span>tnership Limite<span class=\"_ _9\"></span>d</div><div class=\"t m0 x9aa h16 y32a3 ff3 fse fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n x993 y33e3 w1ea hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls12d ws161\">5<span class=\"_ _9\"></span>1%<span class=\"_ _335\"> </span></div></td><td class=\"c n x9ab y33e3 w1d1 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws48\">Office-led<span class=\"_ _335\"> </span></div></td><td class=\"c n x9ac y33e3 w1da hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls136 ws1e\">31<span class=\"_ _9\"></span> M<span class=\"_ _a\"></span>a<span class=\"_ _9\"></span>r<span class=\"_ _a\"></span>c<span class=\"_ _9\"></span>h<span class=\"_ _335\"> </span></div></td><td class=\"c n x9ad y33e3 w1eb hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">T<span class=\"_ _9\"></span>TL Landma<span class=\"_ _9\"></span>rk Cour<span class=\"_ _a\"></span>t Proper<span class=\"_ _a\"></span>ties Limi<span class=\"_ _9\"></span>ted<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y32e4 w1ec hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Oppor<span class=\"_ _9\"></span>tunities for<span class=\"_ _2\"></span> Sittingbourne Lim<span class=\"_ _2\"></span>ited</div><div class=\"t m0 x9ae h16 y32a9 ff3 fse fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n x993 y32e4 w1d0 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls4b wsd0\">50%<span class=\"_ _335\"> </span></div></td><td class=\"c n x995 y32e4 w1dd hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other assets<span class=\"_ _335\"> </span></div></td><td class=\"c n x9a1 y32e4 w1de hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls136 ws1e\">31<span class=\"_ _9\"></span> M<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>r<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>h<span class=\"_ _335\"> </span></div></td><td class=\"c n x9a2 y32e4 w1ed hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Swale Borough Cou<span class=\"_ _2\"></span>ncil<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y3356 w1ee hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls49 ws48\">Ca<span class=\"_ _9\"></span>the<span class=\"_ _9\"></span>dr<span class=\"_ _9\"></span>al (Mo<span class=\"_ _9\"></span>vem<span class=\"_ _9\"></span>en<span class=\"_ _9\"></span>t, Gr<span class=\"_ _9\"></span>e<span class=\"_ _9\"></span>enw<span class=\"_ _9\"></span>ic<span class=\"_ _9\"></span>h<span class=\"_ _11\"></span>) LLP</div><div class=\"t m0 x9af h16 y32a3 ff3 fse fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n x993 y3356 w1ef hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls20 ws1e\">52%<span class=\"_ _335\"> </span></div></td><td class=\"c n x9b0 y3356 w1dd hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other assets<span class=\"_ _335\"> </span></div></td><td class=\"c n x9b1 y3356 w1d2 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls136 ws1e\">31<span class=\"_ _9\"></span> M<span class=\"_ _a\"></span>a<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>c<span class=\"_ _a\"></span>h<span class=\"_ _335\"> </span></div></td><td class=\"c n x9b2 y3356 w1f0 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls37 ws34\">Mr Ri<span class=\"_ _9\"></span>chard Upton<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y33e4 w1f1 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Circus Stre<span class=\"_ _9\"></span>et D<span class=\"_ _9\"></span>evelop<span class=\"_ _9\"></span>men<span class=\"_ _9\"></span>ts Limi<span class=\"_ _9\"></span>ted</div><div class=\"t m0 x9b3 h16 y32a3 ff3 fse fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n x993 y32cd w1d0 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls4b wsd0\">50%<span class=\"_ _335\"> </span></div></td><td class=\"c n x995 y32cd w1dd hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other assets<span class=\"_ _335\"> </span></div></td><td class=\"c n x9a1 y32cd w1de hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls136 ws1e\">31<span class=\"_ _9\"></span> M<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>r<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>h<span class=\"_ _335\"> </span></div></td><td class=\"c n x9a2 y32cd w1f2 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws33\">High W<span class=\"_ _9\"></span>ire Brighton Lim<span class=\"_ _9\"></span>ited<span class=\"_ _335\"> </span></div></td></tr></table><table class=\"s w1f3 he0\" id=\"_aaaa7206-0791-475b-838d-6cfb942f7d6b\"><tr><td class=\"c n x24f y33e5 w1f4 hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls1 ws8e\">Joint operation<span class=\"_ _335\"> </span></div></td><td class=\"c n x9b4 y33e5 w1f5 hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls41 ws36\">Ownership i<span class=\"_ _2\"></span>nterest<span class=\"_ _335\"> </span></div></td><td class=\"c n x9b5 y33e5 w1f6 hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls1 ws8e\">B<span class=\"_ _9\"></span>usiness segment<span class=\"_ _335\"> </span></div></td><td class=\"c x287 y33e5 w1f7 hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls74 ws1\">Year en<span class=\"_ _9\"></span>d dat<span class=\"_ _9\"></span>e</div><div class=\"t m0 x9b6 h48 y3375 ff2 fs39 fc2 sc0 ls1 ws1\">3</div></td><td class=\"t m0 x9a8 h15 y33e6 ff2 fsd fc2 sc0 ls41 ws36\">Joint<span class=\"_ _2\"></span> operation<span class=\"_ _11\"></span> par<span class=\"_ _9\"></span>tners<span class=\"_ _335\"> </span></td></tr><tr><td class=\"t m0 x297 h9 y33e7 ff2 fs6 fc2 sc0 ls22 ws1\">Hel<span class=\"_ _9\"></span>d at 31 March 20<span class=\"_ _11\"></span>26<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y33e8 w1f8 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Bluewater<span class=\"_ _1\"></span>, Kent<span class=\"_ _335\"> </span></div></td><td class=\"c n x9b7 y33e8 w1f9 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls92 ws9d\">64%<span class=\"_ _335\"> </span></div></td><td class=\"c n x9b8 y33e8 w1d9 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls26 ws25\">Reta<span class=\"_ _9\"></span>il-le<span class=\"_ _9\"></span>d<span class=\"_ _335\"> </span></div></td><td class=\"c n x9b9 y33e8 w1d2 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls136 ws1e\">31<span class=\"_ _9\"></span> M<span class=\"_ _a\"></span>a<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>c<span class=\"_ _a\"></span>h<span class=\"_ _335\"> </span></div></td><td class=\"c n x9ba y33e8 w1fa hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">M<span class=\"_ _9\"></span>&amp;G Real Es<span class=\"_ _9\"></span>ta<span class=\"_ _9\"></span>te,<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td></td><td></td><td></td><td class=\"t m0 x9a8 h9 y33e9 ff3 fs6 fc2 sc0 ls29 ws28\">Ro<span class=\"_ _2\"></span>yal<span class=\"_ _2\"></span> London Asset Management,<span class=\"_ _335\"> </span></td></tr><tr><td></td><td></td><td></td><td></td><td class=\"t m0 x9a8 h9 y33ea ff3 fs6 fc2 sc0 ls22 ws1\">Schro<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>rs Ca<span class=\"_ _9\"></span>pital Real E<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>tate<span class=\"_ _335\"> </span></td></tr></table>1. <span class=\"_ _9\"></span>Re<span class=\"_ _9\"></span>fer to A<span class=\"_ _9\"></span>ddi<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>ona<span class=\"_ _9\"></span>l info<span class=\"_ _9\"></span>rm<span class=\"_ _9\"></span>ati<span class=\"_ _9\"></span>on p<span class=\"_ _9\"></span>ag<span class=\"_ _9\"></span>es 164<span class=\"_ _9\"></span>-<span class=\"_ _11\"></span>16<span class=\"_ _11\"></span>7 fo<span class=\"_ _9\"></span>r th<span class=\"_ _9\"></span>e full l<span class=\"_ _9\"></span>is<span class=\"_ _9\"></span>t of t<span class=\"_ _9\"></span>he G<span class=\"_ _9\"></span>rou<span class=\"_ _9\"></span>p\u2019<span class=\"_ _2\"></span>s rel<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>d un<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tak<span class=\"_ _9\"></span>ing<span class=\"_ _9\"></span>s.<span class=\"_ _335\"> </span>2<span class=\"_ _2\"></span>. <span class=\"_ _a\"></span>Inve<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>tme<span class=\"_ _9\"></span>nt<span class=\"_ _9\"></span>s und<span class=\"_ _9\"></span>er j<span class=\"_ _9\"></span>oin<span class=\"_ _9\"></span>t arra<span class=\"_ _9\"></span>ng<span class=\"_ _9\"></span>em<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s ar<span class=\"_ _9\"></span>e no<span class=\"_ _9\"></span>t alw<span class=\"_ _9\"></span>ays r<span class=\"_ _9\"></span>ep<span class=\"_ _9\"></span>re<span class=\"_ _9\"></span>sen<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d by an e<span class=\"_ _9\"></span>qua<span class=\"_ _9\"></span>l pe<span class=\"_ _9\"></span>rce<span class=\"_ _9\"></span>nta<span class=\"_ _9\"></span>ge ho<span class=\"_ _9\"></span>ld<span class=\"_ _9\"></span>ing by e<span class=\"_ _9\"></span>ac<span class=\"_ _9\"></span>h pa<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tn<span class=\"_ _9\"></span>er<span class=\"_ _11\"></span>. I<span class=\"_ _9\"></span>n a numb<span class=\"_ _9\"></span>e<span class=\"_ _9\"></span>r of jo<span class=\"_ _9\"></span>int ve<span class=\"_ _9\"></span>ntu<span class=\"_ _9\"></span>re<span class=\"_ _9\"></span>s tha<span class=\"_ _9\"></span>t are n<span class=\"_ _9\"></span>ot c<span class=\"_ _9\"></span>on<span class=\"_ _9\"></span>sid<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>ed<span class=\"_ _335\"> </span>pri<span class=\"_ _9\"></span>nci<span class=\"_ _9\"></span>pal j<span class=\"_ _9\"></span>oin<span class=\"_ _9\"></span>t ven<span class=\"_ _9\"></span>tur<span class=\"_ _9\"></span>es an<span class=\"_ _9\"></span>d the<span class=\"_ _9\"></span>re<span class=\"_ _9\"></span>for<span class=\"_ _9\"></span>e no<span class=\"_ _9\"></span>t in<span class=\"_ _9\"></span>clu<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>d in th<span class=\"_ _9\"></span>e tab<span class=\"_ _9\"></span>le ab<span class=\"_ _9\"></span>ove, th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up h<span class=\"_ _9\"></span>ol<span class=\"_ _9\"></span>ds a maj<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>y sh<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>eho<span class=\"_ _9\"></span>ld<span class=\"_ _9\"></span>ing b<span class=\"_ _9\"></span>ut h<span class=\"_ _9\"></span>as jo<span class=\"_ _9\"></span>int c<span class=\"_ _9\"></span>on<span class=\"_ _9\"></span>trol a<span class=\"_ _9\"></span>nd th<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>efo<span class=\"_ _9\"></span>re th<span class=\"_ _9\"></span>e ar<span class=\"_ _9\"></span>rang<span class=\"_ _9\"></span>em<span class=\"_ _9\"></span>en<span class=\"_ _9\"></span>t is<span class=\"_ _335\"> </span>acc<span class=\"_ _9\"></span>oun<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d for a<span class=\"_ _9\"></span>s a joi<span class=\"_ _9\"></span>nt ve<span class=\"_ _9\"></span>ntur<span class=\"_ _9\"></span>e.<span class=\"_ _335\"> </span>3<span class=\"_ _11\"></span>. <span class=\"_ _32\"> </span>Th<span class=\"_ _9\"></span>e yea<span class=\"_ _9\"></span>r end d<span class=\"_ _9\"></span>at<span class=\"_ _9\"></span>e sho<span class=\"_ _9\"></span>wn i<span class=\"_ _9\"></span>s the a<span class=\"_ _9\"></span>cco<span class=\"_ _9\"></span>unt<span class=\"_ _9\"></span>ing r<span class=\"_ _9\"></span>efe<span class=\"_ _9\"></span>re<span class=\"_ _9\"></span>nc<span class=\"_ _9\"></span>e da<span class=\"_ _9\"></span>te of th<span class=\"_ _9\"></span>e jo<span class=\"_ _9\"></span>int ar<span class=\"_ _9\"></span>ran<span class=\"_ _9\"></span>ge<span class=\"_ _9\"></span>me<span class=\"_ _9\"></span>nt. In all c<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>es, th<span class=\"_ _9\"></span>e Gr<span class=\"_ _9\"></span>oup\u2019s acco<span class=\"_ _9\"></span>unt<span class=\"_ _9\"></span>ing i<span class=\"_ _9\"></span>s pe<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>fo<span class=\"_ _9\"></span>rme<span class=\"_ _9\"></span>d us<span class=\"_ _9\"></span>ing fi<span class=\"_ _9\"></span>nan<span class=\"_ _9\"></span>cia<span class=\"_ _9\"></span>l info<span class=\"_ _9\"></span>rm<span class=\"_ _9\"></span>ati<span class=\"_ _9\"></span>on fo<span class=\"_ _9\"></span>r th<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span>Gro<span class=\"_ _9\"></span>up\u2019s own re<span class=\"_ _9\"></span>po<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tin<span class=\"_ _9\"></span>g yea<span class=\"_ _9\"></span>r and r<span class=\"_ _9\"></span>ep<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>ing d<span class=\"_ _9\"></span>ate.<span class=\"_ _335\"> </span>4. <span class=\"_ _9\"></span>N<span class=\"_ _9\"></span>ova, Vi<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tor<span class=\"_ _9\"></span>ia in<span class=\"_ _9\"></span>clu<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>s th<span class=\"_ _9\"></span>e Nova L<span class=\"_ _9\"></span>imi<span class=\"_ _9\"></span>ted Par<span class=\"_ _a\"></span>tner<span class=\"_ _9\"></span>sh<span class=\"_ _9\"></span>ip, Nova Re<span class=\"_ _9\"></span>sid<span class=\"_ _9\"></span>en<span class=\"_ _9\"></span>tial L<span class=\"_ _9\"></span>imi<span class=\"_ _9\"></span>ted Par<span class=\"_ _a\"></span>tner<span class=\"_ _9\"></span>sh<span class=\"_ _9\"></span>ip, Nova G<span class=\"_ _9\"></span>P Limi<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d, Nova B<span class=\"_ _9\"></span>us<span class=\"_ _9\"></span>ine<span class=\"_ _9\"></span>ss M<span class=\"_ _9\"></span>an<span class=\"_ _9\"></span>age<span class=\"_ _9\"></span>r Lim<span class=\"_ _9\"></span>ite<span class=\"_ _9\"></span>d, Nov<span class=\"_ _9\"></span>a Resi<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>nti<span class=\"_ _9\"></span>al (GP)<span class=\"_ _335\"> </span>Limi<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d, Nova Re<span class=\"_ _9\"></span>si<span class=\"_ _9\"></span>den<span class=\"_ _9\"></span>tia<span class=\"_ _9\"></span>l Inte<span class=\"_ _9\"></span>rm<span class=\"_ _9\"></span>edi<span class=\"_ _9\"></span>at<span class=\"_ _9\"></span>e Limi<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d, Nova E<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>tat<span class=\"_ _9\"></span>e Man<span class=\"_ _9\"></span>ag<span class=\"_ _9\"></span>em<span class=\"_ _9\"></span>ent C<span class=\"_ _9\"></span>om<span class=\"_ _9\"></span>pa<span class=\"_ _9\"></span>ny Limi<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d, Nova N<span class=\"_ _9\"></span>omi<span class=\"_ _9\"></span>ne<span class=\"_ _9\"></span>e 1 Limi<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d and N<span class=\"_ _9\"></span>ova N<span class=\"_ _9\"></span>omi<span class=\"_ _9\"></span>ne<span class=\"_ _9\"></span>e 2 Lim<span class=\"_ _9\"></span>ite<span class=\"_ _9\"></span>d.<span class=\"_ _335\"> </span>5<span class=\"_ _2\"></span>. <span class=\"_ _a\"></span>Har<span class=\"_ _a\"></span>ves<span class=\"_ _9\"></span>t inc<span class=\"_ _9\"></span>lu<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>s Har<span class=\"_ _a\"></span>ves<span class=\"_ _9\"></span>t 2 Lim<span class=\"_ _9\"></span>ite<span class=\"_ _9\"></span>d Par<span class=\"_ _9\"></span>tn<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>shi<span class=\"_ _9\"></span>p, Har<span class=\"_ _9\"></span>ve<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t De<span class=\"_ _9\"></span>vel<span class=\"_ _9\"></span>op<span class=\"_ _9\"></span>men<span class=\"_ _9\"></span>t Man<span class=\"_ _9\"></span>ag<span class=\"_ _9\"></span>em<span class=\"_ _9\"></span>en<span class=\"_ _9\"></span>t Limi<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d, Har<span class=\"_ _9\"></span>v<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>t 2 S<span class=\"_ _9\"></span>ell<span class=\"_ _9\"></span>y Oa<span class=\"_ _9\"></span>k Limi<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d, Har<span class=\"_ _a\"></span>ves<span class=\"_ _9\"></span>t 2 GP Li<span class=\"_ _9\"></span>mit<span class=\"_ _9\"></span>ed an<span class=\"_ _9\"></span>d Ha<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>ve<span class=\"_ _9\"></span>st G<span class=\"_ _9\"></span>P Lim<span class=\"_ _9\"></span>ite<span class=\"_ _9\"></span>d.<span class=\"_ _335\"> </span>6<span class=\"_ _11\"></span>. <span class=\"_ _a\"></span>May<span class=\"_ _9\"></span>field in<span class=\"_ _2\"></span>cludes Mayfield Deve<span class=\"_ _2\"></span>lopment P<span class=\"_ _11\"></span>ar<span class=\"_ _9\"></span>tnership L<span class=\"_ _2\"></span>P and<span class=\"_ _2\"></span> Mayfield Development<span class=\"_ _2\"></span> (<span class=\"_ _2\"></span>General P<span class=\"_ _11\"></span>ar<span class=\"_ _9\"></span>tner<span class=\"_ _2\"></span>) Lim<span class=\"_ _2\"></span>ited.<span class=\"_ _335\"> </span>7<span class=\"_ _12\"></span>. <span class=\"_ _0\"> </span>Inc<span class=\"_ _2\"></span>luded within<span class=\"_ _11\"></span> O<span class=\"_ _9\"></span>ther in<span class=\"_ _2\"></span> subsequent<span class=\"_ _2\"></span> tables<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>All of th<span class=\"_ _9\"></span>e Group\u2019<span class=\"_ _2\"></span>s joint ar<span class=\"_ _9\"></span>range<span class=\"_ _9\"></span>ment<span class=\"_ _9\"></span>s lis<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d above ha<span class=\"_ _9\"></span>ve the<span class=\"_ _9\"></span>ir princ<span class=\"_ _9\"></span>ipal p<span class=\"_ _9\"></span>lace o<span class=\"_ _9\"></span>f busin<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>s in the Uni<span class=\"_ _9\"></span>ted K<span class=\"_ _9\"></span>ing<span class=\"_ _9\"></span>dom. All of th<span class=\"_ _9\"></span>e Group\u2019s principal jo<span class=\"_ _9\"></span>int<span class=\"_ _335\"> </span>arrangements o<span class=\"_ _2\"></span>wn and operate<span class=\"_ _2\"></span> inv<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>stment proper<span class=\"_ _9\"></span>ty<span class=\"_ _11\"></span>, with the ex<span class=\"_ _2\"></span>ception of<span class=\"_ _11\"></span>:<span class=\"_ _335\"> </span>\u2022<span class=\"_ _335\"> </span>The Ebbs<span class=\"_ _9\"></span>flee<span class=\"_ _9\"></span>t Limi<span class=\"_ _9\"></span>ted Par<span class=\"_ _9\"></span>tne<span class=\"_ _9\"></span>rship, whic<span class=\"_ _9\"></span>h is a ho<span class=\"_ _9\"></span>lding c<span class=\"_ _9\"></span>omp<span class=\"_ _9\"></span>any;<span class=\"_ _335\"> </span>\u2022<span class=\"_ _335\"> </span>Harves<span class=\"_ _9\"></span>t, which<span class=\"_ _2\"></span> is engaged in<span class=\"_ _2\"></span> long-t<span class=\"_ _2\"></span>erm dev<span class=\"_ _2\"></span>elopment contracts;<span class=\"_ _2\"></span> and<span class=\"_ _335\"> </span>\u2022<span class=\"_ _335\"> </span>Curz<span class=\"_ _9\"></span>on Park Limite<span class=\"_ _9\"></span>d, Landmar<span class=\"_ _9\"></span>k Cour<span class=\"_ _a\"></span>t P<span class=\"_ _2\"></span>ar<span class=\"_ _9\"></span>tne<span class=\"_ _9\"></span>rship L<span class=\"_ _9\"></span>imite<span class=\"_ _9\"></span>d, Opp<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>tuni<span class=\"_ _9\"></span>ties f<span class=\"_ _9\"></span>or Sit<span class=\"_ _9\"></span>tin<span class=\"_ _9\"></span>gbo<span class=\"_ _9\"></span>urne Limi<span class=\"_ _9\"></span>ted an<span class=\"_ _9\"></span>d Circus Stre<span class=\"_ _9\"></span>et D<span class=\"_ _9\"></span>evelo<span class=\"_ _9\"></span>pme<span class=\"_ _9\"></span>nts Lim<span class=\"_ _9\"></span>ite<span class=\"_ _9\"></span>d,<span class=\"_ _335\"> </span>which were<span class=\"_ _2\"></span> previously or<span class=\"_ _2\"></span> are compan<span class=\"_ _2\"></span>ies contin<span class=\"_ _2\"></span>uing t<span class=\"_ _2\"></span>heir busi<span class=\"_ _2\"></span>ness of propert<span class=\"_ _9\"></span>y development<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>The ac<span class=\"_ _a\"></span>tivitie<span class=\"_ _9\"></span>s of all th<span class=\"_ _9\"></span>e Grou<span class=\"_ _9\"></span>p\u2019<span class=\"_ _11\"></span>s prin<span class=\"_ _9\"></span>cipal j<span class=\"_ _9\"></span>oint arra<span class=\"_ _9\"></span>ngem<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s are the<span class=\"_ _9\"></span>refo<span class=\"_ _9\"></span>re s<span class=\"_ _9\"></span>trate<span class=\"_ _9\"></span>gicall<span class=\"_ _9\"></span>y imp<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>tant to th<span class=\"_ _9\"></span>e busin<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>s ac<span class=\"_ _9\"></span>tiv<span class=\"_ _9\"></span>iti<span class=\"_ _9\"></span>es of th<span class=\"_ _9\"></span>e Group.<span class=\"_ _335\"> </span>All join<span class=\"_ _9\"></span>t venture<span class=\"_ _9\"></span>s lis<span class=\"_ _9\"></span>ted ab<span class=\"_ _9\"></span>ove are re<span class=\"_ _9\"></span>gis<span class=\"_ _9\"></span>ter<span class=\"_ _9\"></span>ed in Engl<span class=\"_ _9\"></span>and and Wales w<span class=\"_ _9\"></span>ith th<span class=\"_ _9\"></span>e excep<span class=\"_ _9\"></span>tion of S<span class=\"_ _9\"></span>outh<span class=\"_ _9\"></span>side Li<span class=\"_ _9\"></span>mite<span class=\"_ _9\"></span>d Partn<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>ship and Wes<span class=\"_ _9\"></span>t India Q<span class=\"_ _9\"></span>ua<span class=\"_ _9\"></span>y<span class=\"_ _335\"> </span>Unit T<span class=\"_ _11\"></span>r<span class=\"_ _9\"></span>us<span class=\"_ _9\"></span>t whi<span class=\"_ _9\"></span>ch are re<span class=\"_ _9\"></span>gis<span class=\"_ _9\"></span>tere<span class=\"_ _9\"></span>d in Je<span class=\"_ _9\"></span>rsey<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>JOINT VENTU<span class=\"_ _9\"></span>RE<span class=\"_ _9\"></span>S<span class=\"_ _335\"> </span><table class=\"s w1fb he1\" id=\"_015de482-4323-47de-b275-7a33df13b6bb\"><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m0 x241 h15 y33eb ff2 fsd fc2 sc0 ls74 ws1\">Y<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>ar e<span class=\"_ _9\"></span>nd<span class=\"_ _9\"></span>ed 31 Ma<span class=\"_ _9\"></span>rch 2026<span class=\"_ _335\"> </span></td></tr><tr><td></td><td></td><td></td><td class=\"t m0 x51e h15 y33ec ff2 fsd fc2 sc0 ls117 ws155\">We<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>tg<span class=\"_ _9\"></span>a<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span> </td><td></td><td></td><td></td></tr><tr><td></td><td></td><td class=\"t m0 x23f h15 y33ed ff2 fsd fc2 sc0 ls1 ws1\">Southside </td><td class=\"t m0 x9bb h15 y33ee ff2 fsd fc2 sc0 ls7b ws82\">Ox<span class=\"_ _9\"></span>ford<span class=\"_ _9\"></span> </td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m0 x337 h15 y33ef ff2 fsd fc2 sc0 ls102 ws129\">Nova,<span class=\"_ _9\"></span> </td><td class=\"t m0 x9bc h15 y33f0 ff2 fsd fc2 sc0 ls7b ws82\">Limite<span class=\"_ _9\"></span>d </td><td class=\"t m0 x55b h15 y33f1 ff2 fsd fc2 sc0 ls78 ws7e\">Alliance </td><td></td><td></td><td class=\"t m0 x33a h15 y33f1 ff2 fsd fc2 sc0 lsa4 wsb2\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x9bd h15 y33f2 ff2 fsd fc2 sc0 ls1 ws1\">Victoria<span class=\"_ _335\"> </span></td><td class=\"t m0 x9be h15 y33f3 ff2 fsd fc2 sc0 ls78 ws7e\">Partnership<span class=\"_ _335\"> </span></td><td class=\"t m0 x9bf h15 y33f4 ff2 fsd fc2 sc0 ls78 ws7e\">Partnership<span class=\"_ _335\"> </span></td><td class=\"t m0 x576 h15 y33f4 ff2 fsd fc2 sc0 ls41 ws7c\">Other<span class=\"_ _335\"> </span></td><td class=\"t m0 x2a2 h15 y33f4 ff2 fsd fc2 sc0 lsa4 wsb2\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td><td class=\"t m0 x9c0 h15 y33f4 ff2 fsd fc2 sc0 ls76 ws13e\">Group </td></tr><tr><td></td><td class=\"t m0 x337 h15 y33f5 ff2 fsd fc2 sc0 ls166 ws1a3\">100%<span class=\"_ _335\"> </span></td><td class=\"t m0 x243 h15 y33f6 ff2 fsd fc2 sc0 ls166 ws1a3\">100%<span class=\"_ _335\"> </span></td><td class=\"t m0 x9c1 h15 y33f7 ff2 fsd fc2 sc0 ls166 ws1a3\">100%<span class=\"_ _335\"> </span></td><td class=\"t m0 x2a3 h15 y33f7 ff2 fsd fc2 sc0 ls166 ws1a3\">100%<span class=\"_ _335\"> </span></td><td class=\"t m0 x246 h15 y33f7 ff2 fsd fc2 sc0 ls166 ws1a3\">100%<span class=\"_ _335\"> </span></td><td class=\"t m0 x7c1 h15 y33f7 ff2 fsd fc2 sc0 ls11c ws150\">share<span class=\"_ _335\"> </span></td></tr><tr><td class=\"t m0 x297 h15 y33f8 ff2 fsd fc2 sc0 ls41 ws36\">Comprehensiv<span class=\"_ _2\"></span>e income<span class=\"_ _11\"></span> statement<span class=\"_ _335\"> </span></td><td class=\"t m0 x249 h15 y33f8 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24a h15 y33f9 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24b h15 y33fa ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y33fa ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y33fa ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y33fa ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c x24f y33fb w1fc hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws98\">Re<span class=\"_ _11\"></span>venue</div><div class=\"t m0 x9a5 h16 y32a3 ff2 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e3 y33fb w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">49<span class=\"_ _335\"> </span></div></td><td class=\"c n x9c2 y33fb w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">15<span class=\"_ _335\"> </span></div></td><td class=\"c n x9c3 y33fb w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">39<span class=\"_ _335\"> </span></div></td><td class=\"c n x9c4 y33fb w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x9c5 y33fb w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">106<span class=\"_ _335\"> </span></div></td><td class=\"c n x9c6 y33fb w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">53<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y33fc wc1 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">Gross ren<span class=\"_ _11\"></span>tal income<span class=\"_ _2\"></span> (<span class=\"_ _11\"></span>after ren<span class=\"_ _11\"></span>t<span class=\"_ _9\"></span>s paya<span class=\"_ _2\"></span>ble<span class=\"_ _11\"></span>)<span class=\"_ _335\"> </span></div></td><td class=\"c n x9c7 y33fc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">34<span class=\"_ _335\"> </span></div></td><td class=\"c n x9c8 y33fc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">12<span class=\"_ _335\"> </span></div></td><td class=\"c n x9c9 y33fc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td><td class=\"c n x768 y33fc w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x9ca y33fc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">76<span class=\"_ _335\"> </span></div></td><td class=\"c n x9cb y33fc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">38<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y33fd w1fd hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Net re<span class=\"_ _9\"></span>ntal incom<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span></div></td><td class=\"c n x59c y33fd w2d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">31<span class=\"_ _335\"> </span></div></td><td class=\"c n x9cc y33fd w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">9<span class=\"_ _335\"> </span></div></td><td class=\"c n x267 y33fd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">23<span class=\"_ _335\"> </span></div></td><td class=\"c n x9cd y33fd w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x9ce y33fd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">65<span class=\"_ _335\"> </span></div></td><td class=\"c n x9cf y33fd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">33<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y33fe wcf hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">EPR<span class=\"_ _9\"></span>A e<span class=\"_ _9\"></span>arnings b<span class=\"_ _9\"></span>efore inter<span class=\"_ _9\"></span>est<span class=\"_ _335\"> </span></div></td><td class=\"c n x9d0 y33fe w2d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">31<span class=\"_ _335\"> </span></div></td><td class=\"c n x9d1 y33fe w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">9<span class=\"_ _335\"> </span></div></td><td class=\"c n x9d2 y33fe w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">23<span class=\"_ _335\"> </span></div></td><td class=\"c n x9d3 y33fe w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x9d4 y33fe w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">65<span class=\"_ _335\"> </span></div></td><td class=\"c n x9d5 y33fe w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">33<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y33ff w1fe hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Finance (<span class=\"_ _1\"></span>expense)<span class=\"_ _1\"></span>/r<span class=\"_ _2\"></span>evenue<span class=\"_ _335\"> </span></div></td><td class=\"c n x9d6 y33ff wc5 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(13)<span class=\"_ _335\"> </span></div></td><td class=\"c n x9d7 y33ff w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(6)<span class=\"_ _335\"> </span></div></td><td class=\"c n x9d8 y33ff w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x9d9 y33ff w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x9da y33ff w2b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(17)<span class=\"_ _335\"> </span></div></td><td class=\"c n x9db y33ff w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(8)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3400 w1ff hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">Net financ<span class=\"_ _2\"></span>e (<span class=\"_ _11\"></span>expense<span class=\"_ _11\"></span>)<span class=\"_ _11\"></span>/<span class=\"_ _11\"></span>revenue<span class=\"_ _335\"> </span></div></td><td class=\"c n x9dc y3400 w2b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(13)<span class=\"_ _335\"> </span></div></td><td class=\"c n x9dd y3400 w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(6)<span class=\"_ _335\"> </span></div></td><td class=\"c n x9de y3400 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x9df y3400 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x9e0 y3400 w27 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(17)<span class=\"_ _335\"> </span></div></td><td class=\"c n x9e1 y3400 w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(8)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3401 w200 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">EPR<span class=\"_ _9\"></span>A earnings<span class=\"_ _335\"> </span></div></td><td class=\"c n x59c y3401 w2d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">18<span class=\"_ _335\"> </span></div></td><td class=\"c n x9cc y3401 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x267 y3401 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">23<span class=\"_ _335\"> </span></div></td><td class=\"c n x9cd y3401 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n x9ce y3401 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">48<span class=\"_ _335\"> </span></div></td><td class=\"c n x9cf y3401 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">25<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x297 h9 y3402 ff2 fs6 fc2 sc0 ls8f ws42\">Capit<span class=\"_ _11\"></span>al and other<span class=\"_ _2\"></span> item<span class=\"_ _2\"></span>s<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y32dc w33 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Net su<span class=\"_ _9\"></span>rplus o<span class=\"_ _9\"></span>n revalua<span class=\"_ _9\"></span>tion o<span class=\"_ _9\"></span>f inves<span class=\"_ _9\"></span>tment p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>es<span class=\"_ _335\"> </span></div></td><td class=\"c n x9e2 y32dc w2d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">38<span class=\"_ _335\"> </span></div></td><td class=\"c n x9e3 y32dc w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x9e4 y32dc w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n x9e5 y32dc w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">8<span class=\"_ _335\"> </span></div></td><td class=\"c n x9e6 y32dc w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">54<span class=\"_ _335\"> </span></div></td><td class=\"c n x9e7 y32dc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">27<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32dd w2e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Loss o<span class=\"_ _9\"></span>n disp<span class=\"_ _9\"></span>osal o<span class=\"_ _9\"></span>f inves<span class=\"_ _9\"></span>tmen<span class=\"_ _9\"></span>t prop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>es<span class=\"_ _335\"> </span></div></td><td class=\"c n x26b y32dd w2f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x9e8 y32dd w37 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x9e9 y32dd w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x987 y32dd w8d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n x9ea y32dd w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n x9eb y32dd w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32de wcc hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other income<span class=\"_ _335\"> </span></div></td><td class=\"c n x631 y32de w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x632 y32de w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x633 y32de w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x9ec y32de w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x9ed y32de w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x9ee y32de w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y334a w3a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Profit befo<span class=\"_ _9\"></span>re tax<span class=\"_ _335\"> </span></div></td><td class=\"c n x9e2 y334a w2d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">56<span class=\"_ _335\"> </span></div></td><td class=\"c n x9e3 y334a w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td><td class=\"c n x9ef y334a w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td><td class=\"c n x9f0 y334a w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">13<span class=\"_ _335\"> </span></div></td><td class=\"c n x9f1 y334a w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">103<span class=\"_ _335\"> </span></div></td><td class=\"c n x9f2 y334a w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">52<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3403 w201 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Post<span class=\"_ _11\"></span>-tax profit<span class=\"_ _335\"> </span></div></td><td class=\"c n x59c y3403 w2d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">56<span class=\"_ _335\"> </span></div></td><td class=\"c n x9cc y3403 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td><td class=\"c n x267 y3403 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td><td class=\"c n x9f3 y3403 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">13<span class=\"_ _335\"> </span></div></td><td class=\"c n x9f4 y3403 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">103<span class=\"_ _335\"> </span></div></td><td class=\"c n x26a y3403 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">52<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3404 w202 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">T<span class=\"_ _11\"></span>ota<span class=\"_ _2\"></span>l compr<span class=\"_ _2\"></span>ehensiv<span class=\"_ _2\"></span>e income<span class=\"_ _335\"> </span></div></td><td class=\"c n x9f5 y3404 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">56<span class=\"_ _335\"> </span></div></td><td class=\"c n x9d1 y3404 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td><td class=\"c n x9d2 y3404 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td><td class=\"c n x9f6 y3404 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">13<span class=\"_ _335\"> </span></div></td><td class=\"c n x9f7 y3404 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">103<span class=\"_ _335\"> </span></div></td><td class=\"c n x9f8 y3404 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">52<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e4 w203 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Group s<span class=\"_ _9\"></span>hare of p<span class=\"_ _9\"></span>rofit be<span class=\"_ _9\"></span>fore tax<span class=\"_ _335\"> </span></div></td><td class=\"c n x9f9 y32e4 w2d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td><td class=\"c n x9fa y32e4 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x621 y32e4 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td><td class=\"c n x504 y32e4 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n x9fb y32e4 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">52<span class=\"_ _335\"> </span></div></td><td></td></tr><tr><td class=\"c n x24f y3356 w204 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Group s<span class=\"_ _9\"></span>hare of p<span class=\"_ _9\"></span>ost-<span class=\"_ _11\"></span>tax profit<span class=\"_ _335\"> </span></div></td><td class=\"c n x9fc y3356 w2d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td><td class=\"c n x9fd y3356 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x9fe y3356 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td><td class=\"c n x9ff y3356 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n x255 y3356 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">52<span class=\"_ _335\"> </span></div></td><td></td></tr><tr><td class=\"c n x24f y32cd w205 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Group s<span class=\"_ _9\"></span>hare of total com<span class=\"_ _9\"></span>preh<span class=\"_ _9\"></span>ensi<span class=\"_ _9\"></span>ve incom<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span></div></td><td class=\"c n xa00 y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td><td class=\"c n xa01 y32cd w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n xa02 y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td><td class=\"c n xa03 y32cd w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n xa04 y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">52<span class=\"_ _335\"> </span></div></td><td></td></tr></table>1<span class=\"_ _11\"></span>. <span class=\"_ _a\"></span>Revenue<span class=\"_ _11\"></span> includes gross ren<span class=\"_ _2\"></span>tal<span class=\"_ _2\"></span> income (<span class=\"_ _2\"></span>before rents<span class=\"_ _2\"></span> payable<span class=\"_ _11\"></span>)<span class=\"_ _11\"></span>, service charge inc<span class=\"_ _2\"></span>ome,<span class=\"_ _2\"></span> other property related income<span class=\"_ _11\"></span>, trading pr<span class=\"_ _2\"></span>oper<span class=\"_ _9\"></span>ties di<span class=\"_ _2\"></span>sposal proceeds a<span class=\"_ _2\"></span>nd income<span class=\"_ _335\"> </span>from long<span class=\"_ _11\"></span>-term development<span class=\"_ _11\"></span> contract<span class=\"_ _9\"></span>s.<span class=\"_ _335\"> </span><div class=\"t m0 h11 ff1 fs9 fc2 sc0 ls84 ws5 gs2d8\">JOINT VENTU<span class=\"_ _9\"></span>RE<span class=\"_ _9\"></span>S<span class=\"_ _335\"> </span></div><div class=\"gs2d9\"><table class=\"s we5 he1\" id=\"_62315e8f-58f7-4426-94c7-d812de4c161e\"><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m0 x55a h15 y3405 ff3 fsd fc2 sc0 ls74 ws1\">Y<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>ar e<span class=\"_ _9\"></span>nd<span class=\"_ _9\"></span>ed 31 Mar<span class=\"_ _9\"></span>ch 2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td></td><td></td><td class=\"t m0 x559 h15 y3406 ff3 fsd fc2 sc0 ls83 ws87\">Wes<span class=\"_ _a\"></span>tga<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>e<span class=\"_ _9\"></span> </td><td></td><td></td><td></td></tr><tr><td></td><td></td><td class=\"t m0 x23f h15 y3407 ff3 fsd fc2 sc0 ls1 ws1\">Southside </td><td class=\"t m0 x55f h15 y3408 ff3 fsd fc2 sc0 ls1 ws1\">Oxford </td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m0 x337 h15 y3409 ff3 fsd fc2 sc0 ls154 ws181\">Nova, </td><td class=\"t m0 x581 h15 y340a ff3 fsd fc2 sc0 ls76 ws13e\">Limited </td><td class=\"t m0 xa05 h15 y340b ff3 fsd fc2 sc0 ls76 ws13e\">Alliance </td><td></td><td></td><td class=\"t m0 x247 h15 y340b ff3 fsd fc2 sc0 lsa7 ws6c\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x7c3 h15 y340c ff3 fsd fc2 sc0 ls77 ws7d\">Victoria<span class=\"_ _335\"> </span></td><td class=\"t m0 xa06 h15 y340d ff3 fsd fc2 sc0 ls76 ws13e\">Partner<span class=\"_ _9\"></span>ship<span class=\"_ _335\"> </span></td><td class=\"t m0 xa07 h15 y340e ff3 fsd fc2 sc0 ls76 ws13e\">Partner<span class=\"_ _9\"></span>ship<span class=\"_ _335\"> </span></td><td class=\"t m0 x2a3 h15 y340e ff3 fsd fc2 sc0 ls75 ws7a\">Othe<span class=\"_ _9\"></span>r<span class=\"_ _335\"> </span></td><td class=\"t m0 x2ba h15 y340e ff3 fsd fc2 sc0 lsa7 ws6c\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td><td class=\"t m0 x4f0 h15 y340e ff3 fsd fc2 sc0 ls76 ws13e\">Group </td></tr><tr><td></td><td class=\"t m0 x337 h15 y340f ff3 fsd fc2 sc0 ls167 ws1a4\">100<span class=\"_ _9\"></span>%<span class=\"_ _335\"> </span></td><td class=\"t m0 x243 h15 y3410 ff3 fsd fc2 sc0 ls167 ws1a4\">100<span class=\"_ _9\"></span>%<span class=\"_ _335\"> </span></td><td class=\"t m0 x9c1 h15 y3411 ff3 fsd fc2 sc0 ls167 ws1a4\">100<span class=\"_ _9\"></span>%<span class=\"_ _335\"> </span></td><td class=\"t m0 x4ef h15 y3411 ff3 fsd fc2 sc0 ls167 ws1a4\">100<span class=\"_ _9\"></span>%<span class=\"_ _335\"> </span></td><td class=\"t m0 x246 h15 y3411 ff3 fsd fc2 sc0 ls167 ws1a4\">100<span class=\"_ _9\"></span>%<span class=\"_ _335\"> </span></td><td class=\"t m0 x33a h15 y3411 ff3 fsd fc2 sc0 ls77 ws7d\">share<span class=\"_ _335\"> </span></td></tr><tr><td class=\"t m0 x297 h15 y3412 ff2 fsd fc2 sc0 ls41 ws36\">Comprehensiv<span class=\"_ _2\"></span>e income<span class=\"_ _11\"></span> statement<span class=\"_ _335\"> </span></td><td class=\"t m0 x249 h15 y3412 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24a h15 y3413 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24b h15 y3414 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y3414 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y3414 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3414 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c x24f y33fb w1fc hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws98\">Re<span class=\"_ _11\"></span>venue</div><div class=\"t m0 x9a5 h16 y32a3 ff2 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e3 y33fb w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">49<span class=\"_ _335\"> </span></div></td><td class=\"c n x9c2 y33fb w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">17<span class=\"_ _335\"> </span></div></td><td class=\"c n x9c3 y33fb w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">35<span class=\"_ _335\"> </span></div></td><td class=\"c n x9c4 y33fb w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x9c5 y33fb w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">104<span class=\"_ _335\"> </span></div></td><td class=\"c n x9c6 y33fb w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">52<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y33fc wc1 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">Gross ren<span class=\"_ _11\"></span>tal income<span class=\"_ _2\"></span> (<span class=\"_ _11\"></span>after ren<span class=\"_ _11\"></span>t<span class=\"_ _9\"></span>s paya<span class=\"_ _2\"></span>ble<span class=\"_ _11\"></span>)<span class=\"_ _335\"> </span></div></td><td class=\"c n x9c7 y33fc w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">35<span class=\"_ _335\"> </span></div></td><td class=\"c n x9c8 y33fc w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">13<span class=\"_ _335\"> </span></div></td><td class=\"c n x9c9 y33fc w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">26<span class=\"_ _335\"> </span></div></td><td class=\"c n x768 y33fc w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x9ca y33fc w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">77<span class=\"_ _335\"> </span></div></td><td class=\"c n x9cb y33fc w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">38<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y33fd w1fd hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Net re<span class=\"_ _9\"></span>ntal incom<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span></div></td><td class=\"c n x59c y33fd w2d hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">35<span class=\"_ _335\"> </span></div></td><td class=\"c n x3bd y33fd w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td><td class=\"c n xa08 y33fd w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">21<span class=\"_ _335\"> </span></div></td><td class=\"c n xa09 y33fd w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n xa0a y33fd w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">70<span class=\"_ _335\"> </span></div></td><td class=\"c n x26a y33fd w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">35<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y33fe wcf hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">EPR<span class=\"_ _9\"></span>A e<span class=\"_ _9\"></span>arnings b<span class=\"_ _9\"></span>efore inter<span class=\"_ _9\"></span>est<span class=\"_ _335\"> </span></div></td><td class=\"c n x9d0 y33fe w2d hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">33<span class=\"_ _335\"> </span></div></td><td class=\"c n x601 y33fe w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td><td class=\"c n x602 y33fe w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">21<span class=\"_ _335\"> </span></div></td><td class=\"c n xa0b y33fe w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n xa0c y33fe w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">68<span class=\"_ _335\"> </span></div></td><td class=\"c n x9f8 y33fe w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">34<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y33ff w38 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Finance expense<span class=\"_ _335\"> </span></div></td><td class=\"c n xa0d y33ff w206 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(15)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa0e y33ff w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(6)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa0f y33ff w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa10 y33ff w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa11 y33ff w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(21)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa12 y33ff w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(11)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3348 w13e hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">Net financ<span class=\"_ _2\"></span>e expense<span class=\"_ _335\"> </span></div></td><td class=\"c n xa13 y3348 w206 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(15)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa14 y3348 w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(6)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa15 y3348 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa16 y3348 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa17 y3348 w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(21)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa18 y3348 w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(11)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3359 w200 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">EPR<span class=\"_ _9\"></span>A earnings<span class=\"_ _335\"> </span></div></td><td class=\"c n x59c y3359 w2d hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">18<span class=\"_ _335\"> </span></div></td><td class=\"c n x9cc y3359 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n x267 y3359 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">21<span class=\"_ _335\"> </span></div></td><td class=\"c n x9cd y3359 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x9ce y3359 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">47<span class=\"_ _335\"> </span></div></td><td class=\"c n x9cf y3359 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">23<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x297 h9 y3415 ff2 fs6 fc2 sc0 ls8f ws42\">Capit<span class=\"_ _11\"></span>al and other<span class=\"_ _2\"></span> item<span class=\"_ _2\"></span>s<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y32dc w33 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Net su<span class=\"_ _9\"></span>rplus o<span class=\"_ _9\"></span>n revalua<span class=\"_ _9\"></span>tion o<span class=\"_ _9\"></span>f inves<span class=\"_ _9\"></span>tment p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>es<span class=\"_ _335\"> </span></div></td><td class=\"c n x9e2 y32dc w2d hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td><td class=\"c n x9e3 y32dc w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x9e4 y32dc w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n xa19 y32dc w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa1a y32dc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">27<span class=\"_ _335\"> </span></div></td><td class=\"c n xa1b y32dc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">13<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32dd w207 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Profit on di<span class=\"_ _9\"></span>spos<span class=\"_ _9\"></span>al of inves<span class=\"_ _9\"></span>tm<span class=\"_ _9\"></span>ent pro<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xa1c y32dd w81 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa1d y32dd w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa1e y32dd w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa1f y32dd w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n xa20 y32dd w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n xa21 y32dd w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32de w208 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1e wsb4\">Other cos<span class=\"_ _9\"></span>ts<span class=\"_ _335\"> </span></div></td><td class=\"c n xa22 y32de w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa23 y32de w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa24 y32de w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x60f y32de w87 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(4)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa25 y32de w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(4)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa26 y32de w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y334a w3a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Profit befo<span class=\"_ _9\"></span>re tax<span class=\"_ _335\"> </span></div></td><td class=\"c n x9e2 y334a w2d hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">40<span class=\"_ _335\"> </span></div></td><td class=\"c n x9e3 y334a w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n x9ef y334a w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">24<span class=\"_ _335\"> </span></div></td><td class=\"c n xa27 y334a w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c1 y334a w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">75<span class=\"_ _335\"> </span></div></td><td class=\"c n xa28 y334a w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">37<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3403 w201 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Post<span class=\"_ _11\"></span>-tax profit<span class=\"_ _335\"> </span></div></td><td class=\"c n x59c y3403 w2d hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">40<span class=\"_ _335\"> </span></div></td><td class=\"c n x9cc y3403 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n x267 y3403 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">24<span class=\"_ _335\"> </span></div></td><td class=\"c n x9cd y3403 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n x9ce y3403 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">75<span class=\"_ _335\"> </span></div></td><td class=\"c n x9cf y3403 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">37<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e2 w202 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">T<span class=\"_ _11\"></span>ota<span class=\"_ _2\"></span>l compr<span class=\"_ _2\"></span>ehensiv<span class=\"_ _2\"></span>e income<span class=\"_ _335\"> </span></div></td><td class=\"c n x9f5 y32e2 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">40<span class=\"_ _335\"> </span></div></td><td class=\"c n x9d1 y32e2 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n x9d2 y32e2 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">24<span class=\"_ _335\"> </span></div></td><td class=\"c n x9d3 y32e2 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n x9d4 y32e2 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">75<span class=\"_ _335\"> </span></div></td><td class=\"c n x9d5 y32e2 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">37<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w203 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Group s<span class=\"_ _9\"></span>hare of p<span class=\"_ _9\"></span>rofit be<span class=\"_ _9\"></span>fore tax<span class=\"_ _335\"> </span></div></td><td class=\"c n x9f9 y32cb w2d hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">20<span class=\"_ _335\"> </span></div></td><td class=\"c n x9fa y32cb w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x621 y32cb w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">12<span class=\"_ _335\"> </span></div></td><td class=\"c n x504 y32cb w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x9fb y32cb w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">37<span class=\"_ _335\"> </span></div></td><td></td></tr><tr><td class=\"c n x24f y32cc w204 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Group s<span class=\"_ _9\"></span>hare of p<span class=\"_ _9\"></span>ost-<span class=\"_ _11\"></span>tax profit<span class=\"_ _335\"> </span></div></td><td class=\"c n x9fc y32cc w2d hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">20<span class=\"_ _335\"> </span></div></td><td class=\"c n x9fd y32cc w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x9fe y32cc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">12<span class=\"_ _335\"> </span></div></td><td class=\"c n x9ff y32cc w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x255 y32cc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">37<span class=\"_ _335\"> </span></div></td><td></td></tr><tr><td class=\"c n x24f y32cd w205 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Group s<span class=\"_ _9\"></span>hare of total com<span class=\"_ _9\"></span>preh<span class=\"_ _9\"></span>ensi<span class=\"_ _9\"></span>ve incom<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span></div></td><td class=\"c n xa00 y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">20<span class=\"_ _335\"> </span></div></td><td class=\"c n xa01 y32cd w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n xa02 y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">12<span class=\"_ _335\"> </span></div></td><td class=\"c n xa03 y32cd w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xa04 y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">37<span class=\"_ _335\"> </span></div></td><td></td></tr></table></div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls7 ws6 gs2da\">1<span class=\"_ _11\"></span>. <span class=\"_ _a\"></span>Revenue<span class=\"_ _11\"></span> includes gross ren<span class=\"_ _2\"></span>tal<span class=\"_ _2\"></span> income (<span class=\"_ _2\"></span>before rents<span class=\"_ _2\"></span> payable<span class=\"_ _11\"></span>)<span class=\"_ _11\"></span>, service charge inc<span class=\"_ _2\"></span>ome,<span class=\"_ _2\"></span> other property related income<span class=\"_ _11\"></span>, trading pr<span class=\"_ _2\"></span>oper<span class=\"_ _9\"></span>ties di<span class=\"_ _2\"></span>sposal proceeds a<span class=\"_ _2\"></span>nd income<span class=\"_ _335\"> </span> </div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls7 ws6 gs2db\">from long<span class=\"_ _11\"></span>-term development<span class=\"_ _11\"></span> contract<span class=\"_ _9\"></span>s.<span class=\"_ _335\"> </span></div>JOINT VENTU<span class=\"_ _9\"></span>RE<span class=\"_ _9\"></span>S<span class=\"_ _335\"> </span><table class=\"s w209 he2\" id=\"_f108c43a-c869-4e96-981e-db57515f0b5c\"><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m0 x241 h15 y3416 ff2 fsd fc2 sc0 ls74 ws1\">Y<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>ar e<span class=\"_ _9\"></span>nd<span class=\"_ _9\"></span>ed 31 Ma<span class=\"_ _9\"></span>rch 2026<span class=\"_ _335\"> </span></td></tr><tr><td></td><td></td><td></td><td class=\"t m0 x51e h15 y3417 ff2 fsd fc2 sc0 ls117 ws155\">We<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>tg<span class=\"_ _9\"></span>a<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span> </td><td></td><td></td><td></td></tr><tr><td></td><td></td><td class=\"t m0 x23f h15 y3418 ff2 fsd fc2 sc0 ls1 ws1\">Southside </td><td class=\"t m0 x9bb h15 y3419 ff2 fsd fc2 sc0 ls7b ws82\">Ox<span class=\"_ _9\"></span>ford<span class=\"_ _9\"></span> </td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m0 x337 h15 y341a ff2 fsd fc2 sc0 ls102 ws129\">Nova,<span class=\"_ _9\"></span> </td><td class=\"t m0 x9bc h15 y341b ff2 fsd fc2 sc0 ls7b ws82\">Limite<span class=\"_ _9\"></span>d </td><td class=\"t m0 x55b h15 y341c ff2 fsd fc2 sc0 ls78 ws7e\">Alliance </td><td></td><td></td><td class=\"t m0 x33a h15 y341c ff2 fsd fc2 sc0 lsa4 wsb2\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x9bd h15 y341d ff2 fsd fc2 sc0 ls1 ws1\">Victoria<span class=\"_ _335\"> </span></td><td class=\"t m0 x9be h15 y341e ff2 fsd fc2 sc0 ls78 ws7e\">Partnership<span class=\"_ _335\"> </span></td><td class=\"t m0 x9bf h15 y341f ff2 fsd fc2 sc0 ls78 ws7e\">Partnership<span class=\"_ _335\"> </span></td><td class=\"t m0 x576 h15 y341f ff2 fsd fc2 sc0 ls41 ws7c\">Other<span class=\"_ _335\"> </span></td><td class=\"t m0 x2a2 h15 y341f ff2 fsd fc2 sc0 lsa4 wsb2\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td><td class=\"t m0 x9c0 h15 y341f ff2 fsd fc2 sc0 ls76 ws13e\">Group </td></tr><tr><td></td><td class=\"t m0 x337 h15 y3420 ff2 fsd fc2 sc0 ls166 ws1a3\">100%<span class=\"_ _335\"> </span></td><td class=\"t m0 x243 h15 y3421 ff2 fsd fc2 sc0 ls166 ws1a3\">100%<span class=\"_ _335\"> </span></td><td class=\"t m0 x9c1 h15 y3422 ff2 fsd fc2 sc0 ls166 ws1a3\">100%<span class=\"_ _335\"> </span></td><td class=\"t m0 x2a3 h15 y3422 ff2 fsd fc2 sc0 ls166 ws1a3\">100%<span class=\"_ _335\"> </span></td><td class=\"t m0 x246 h15 y3422 ff2 fsd fc2 sc0 ls166 ws1a3\">100%<span class=\"_ _335\"> </span></td><td class=\"t m0 x7c1 h15 y3422 ff2 fsd fc2 sc0 ls11c ws150\">share<span class=\"_ _335\"> </span></td></tr><tr><td class=\"t m0 x297 h15 y3423 ff2 fsd fc2 sc0 ls78 ws7f\">Balance sheet<span class=\"_ _335\"> </span></td><td class=\"t m0 x249 h15 y3423 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24a h15 y3424 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24b h15 y3425 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y3425 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y3425 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3425 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c x24f y33fc w20a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Inv<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>stment proper<span class=\"_ _9\"></span>ties</div><div class=\"t m0 xa29 h16 y32a3 ff3 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x25e y33fc w20 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">790<span class=\"_ _335\"> </span></div></td><td class=\"c n xa2a y33fc w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">141<span class=\"_ _335\"> </span></div></td><td class=\"c n xa2b y33fc w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">236<span class=\"_ _335\"> </span></div></td><td class=\"c n xa2c y33fc w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">106<span class=\"_ _335\"> </span></div></td><td class=\"c n xa2d y33fc w66 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,273<span class=\"_ _335\"> </span></div></td><td class=\"c n xa2e y33fc w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">636<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3426 w20b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8e ws191\">Non-<span class=\"_ _9\"></span>curre<span class=\"_ _9\"></span>nt ass<span class=\"_ _9\"></span>ets<span class=\"_ _335\"> </span></div></td><td class=\"c n x3bc y3426 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">790<span class=\"_ _335\"> </span></div></td><td class=\"c n xa2f y3426 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">141<span class=\"_ _335\"> </span></div></td><td class=\"c n xa30 y3426 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">236<span class=\"_ _335\"> </span></div></td><td class=\"c n xa31 y3426 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">106<span class=\"_ _335\"> </span></div></td><td class=\"c n xa32 y3426 w66 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,273<span class=\"_ _335\"> </span></div></td><td class=\"c n x658 y3426 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">636<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3427 w61 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls65 ws90\">Cash and cash equivalents<span class=\"_ _335\"> </span></div></td><td class=\"c n xa33 y3427 w2d hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">20<span class=\"_ _335\"> </span></div></td><td class=\"c n xa34 y3427 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n x325 y3427 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">12<span class=\"_ _335\"> </span></div></td><td class=\"c n x326 y3427 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td><td class=\"c n x327 y3427 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">51<span class=\"_ _335\"> </span></div></td><td class=\"c n x328 y3427 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">25<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y33fe w62 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other current assets<span class=\"_ _335\"> </span></div></td><td class=\"c n xa35 y33fe w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">49<span class=\"_ _335\"> </span></div></td><td class=\"c n xa36 y33fe w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n xa37 y33fe w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">13<span class=\"_ _335\"> </span></div></td><td class=\"c n x2ef y33fe w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">42<span class=\"_ _335\"> </span></div></td><td class=\"c n x72c y33fe w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">109<span class=\"_ _335\"> </span></div></td><td class=\"c n x61e y33fe w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">55<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3428 w20c hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls3c ws143\">Curren<span class=\"_ _9\"></span>t ass<span class=\"_ _9\"></span>ets<span class=\"_ _335\"> </span></div></td><td class=\"c n xa38 y3428 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">69<span class=\"_ _335\"> </span></div></td><td class=\"c n x2c1 y3428 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td><td class=\"c n x2c2 y3428 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">25<span class=\"_ _335\"> </span></div></td><td class=\"c n x2c3 y3428 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">56<span class=\"_ _335\"> </span></div></td><td class=\"c n xa39 y3428 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">160<span class=\"_ _335\"> </span></div></td><td class=\"c n x903 y3428 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">80<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3429 w65 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls7e ws85\">T<span class=\"_ _11\"></span>otal assets<span class=\"_ _335\"> </span></div></td><td class=\"c n x3bc y3429 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">859<span class=\"_ _335\"> </span></div></td><td class=\"c n xa2f y3429 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">151<span class=\"_ _335\"> </span></div></td><td class=\"c n xa30 y3429 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">261<span class=\"_ _335\"> </span></div></td><td class=\"c n xa31 y3429 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">162<span class=\"_ _335\"> </span></div></td><td class=\"c n xa32 y3429 w66 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,433<span class=\"_ _335\"> </span></div></td><td class=\"c n x658 y3429 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">716<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y342a w20d hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">T<span class=\"_ _11\"></span>rade and ot<span class=\"_ _2\"></span>her payables and<span class=\"_ _2\"></span> provisions<span class=\"_ _335\"> </span></div></td><td class=\"c n xa3a y342a w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(25)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa3b y342a w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(5)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa3c y342a w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(14)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa3d y342a w27 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(11)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa3e y342a w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(55)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa3f y342a w27 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(27)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y342b w20e hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">Current liabilities<span class=\"_ _335\"> </span></div></td><td class=\"c n xa40 y342b wc5 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(25)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa41 y342b w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(5)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa42 y342b w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(14)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa43 y342b w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(11)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa44 y342b w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(55)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa45 y342b w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(27)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y342c w20f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws33\">Non-curr<span class=\"_ _9\"></span>ent liabiliti<span class=\"_ _9\"></span>es<span class=\"_ _335\"> </span></div></td><td class=\"c n xa46 y342c wc5 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(44)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa47 y342c w30 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(146)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa48 y342c w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa49 y342c w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa4a y342c w30 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(191)<span class=\"_ _335\"> </span></div></td><td class=\"c n x4e5 y342c w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(96)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y342d w210 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">Non-current liabilities<span class=\"_ _335\"> </span></div></td><td class=\"c n xa40 y342d wc5 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(44)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa4b y342d w28 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(146)<span class=\"_ _335\"> </span></div></td><td class=\"c n x2d4 y342d w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa4c y342d w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa4d y342d w28 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(191)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa4e y342d w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(96)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y342e w72 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">T<span class=\"_ _11\"></span>otal liabilities<span class=\"_ _335\"> </span></div></td><td class=\"c n xa4f y342e w2b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(69)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa50 y342e w30 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(151)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa51 y342e w2b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(14)<span class=\"_ _335\"> </span></div></td><td class=\"c n x415 y342e w2b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(12)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa52 y342e w30 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(246)<span class=\"_ _335\"> </span></div></td><td class=\"c n x4e3 y342e w28 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(123)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y334a w73 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1e wsb4\">Net assets<span class=\"_ _335\"> </span></div></td><td class=\"c n xa53 y334a w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">790<span class=\"_ _335\"> </span></div></td><td class=\"c n x5ab y334a w37 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa54 y334a w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">247<span class=\"_ _335\"> </span></div></td><td class=\"c n xa55 y334a w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">150<span class=\"_ _335\"> </span></div></td><td class=\"c n xa56 y334a w58 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,187<span class=\"_ _335\"> </span></div></td><td class=\"c n xa57 y334a w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">593<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x297 h9 y342f ff3 fs6 fc2 sc0 ls29 ws28\">Comprised of<span class=\"_ _2\"></span>:<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y3404 w73 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1e wsb4\">Net assets<span class=\"_ _335\"> </span></div></td><td class=\"c n xa53 y3404 w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">790<span class=\"_ _335\"> </span></div></td><td class=\"c n x5ab y3404 w37 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa54 y3404 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">247<span class=\"_ _335\"> </span></div></td><td class=\"c n xa55 y3404 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">150<span class=\"_ _335\"> </span></div></td><td class=\"c n xa56 y3404 w58 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,187<span class=\"_ _335\"> </span></div></td><td class=\"c n xa57 y3404 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">593<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y33e3 w211 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">Accumulated losses recognise<span class=\"_ _9\"></span>d as net liabilities</div><div class=\"t m0 xa58 h16 y32a3 ff2 fse fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xa59 y32e3 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa5a y32e3 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa5b y32e3 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa5c y32e3 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa5d y32e3 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa5e y32e3 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y32cc w212 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Market value of investme<span class=\"_ _9\"></span>nt prop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>ties</div><div class=\"t m0 xa5f h16 y32a9 ff2 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x25e y3356 w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">834<span class=\"_ _335\"> </span></div></td><td class=\"c n xa2a y3356 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">142<span class=\"_ _335\"> </span></div></td><td class=\"c n xa2b y3356 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">242<span class=\"_ _335\"> </span></div></td><td class=\"c n xa2c y3356 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">104<span class=\"_ _335\"> </span></div></td><td class=\"c n xa2d y3356 w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,322<span class=\"_ _335\"> </span></div></td><td class=\"c n xa2e y3356 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">661<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y32cd w213 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Net cas<span class=\"_ _9\"></span>h</div><div class=\"t m0 xa60 h16 y32a9 ff2 fse fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e3 y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">20<span class=\"_ _335\"> </span></div></td><td class=\"c n xa61 y32cd w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n xa62 y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">12<span class=\"_ _335\"> </span></div></td><td class=\"c n xa63 y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td><td class=\"c n xa64 y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">51<span class=\"_ _335\"> </span></div></td><td class=\"c n x9c6 y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">25<span class=\"_ _335\"> </span></div></td></tr></table>1. <span class=\"_ _9\"></span>Th<span class=\"_ _9\"></span>e diff<span class=\"_ _9\"></span>ere<span class=\"_ _9\"></span>nc<span class=\"_ _9\"></span>e be<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>we<span class=\"_ _9\"></span>en th<span class=\"_ _9\"></span>e bo<span class=\"_ _9\"></span>o<span class=\"_ _9\"></span>k valu<span class=\"_ _9\"></span>e and t<span class=\"_ _9\"></span>he m<span class=\"_ _9\"></span>arke<span class=\"_ _9\"></span>t valu<span class=\"_ _9\"></span>e of inv<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>tm<span class=\"_ _9\"></span>ent p<span class=\"_ _9\"></span>ro<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>es is t<span class=\"_ _9\"></span>he am<span class=\"_ _9\"></span>ou<span class=\"_ _9\"></span>nt re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>gni<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>d in re<span class=\"_ _9\"></span>sp<span class=\"_ _9\"></span>e<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t of l<span class=\"_ _9\"></span>eas<span class=\"_ _9\"></span>e in<span class=\"_ _9\"></span>cen<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>ves, h<span class=\"_ _9\"></span>ea<span class=\"_ _9\"></span>d le<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>es c<span class=\"_ _9\"></span>api<span class=\"_ _9\"></span>tali<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>d an<span class=\"_ _9\"></span>d<span class=\"_ _335\"> </span>properties treated as<span class=\"_ _11\"></span> finance leases, where<span class=\"_ _11\"></span> applicable.<span class=\"_ _335\"> </span>2<span class=\"_ _2\"></span>. <span class=\"_ _a\"></span>The G<span class=\"_ _9\"></span>ro<span class=\"_ _9\"></span>up\u2019s share o<span class=\"_ _9\"></span>f ac<span class=\"_ _9\"></span>cumu<span class=\"_ _9\"></span>la<span class=\"_ _9\"></span>ted l<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>s of a j<span class=\"_ _9\"></span>oin<span class=\"_ _9\"></span>t ven<span class=\"_ _9\"></span>ture i<span class=\"_ _9\"></span>nte<span class=\"_ _9\"></span>res<span class=\"_ _9\"></span>t a<span class=\"_ _9\"></span>re re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>gni<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>d as n<span class=\"_ _9\"></span>et l<span class=\"_ _9\"></span>iab<span class=\"_ _9\"></span>ili<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s (see no<span class=\"_ _9\"></span>te 32) wher<span class=\"_ _9\"></span>e the<span class=\"_ _9\"></span>re is a<span class=\"_ _9\"></span>n ob<span class=\"_ _9\"></span>lig<span class=\"_ _9\"></span>ati<span class=\"_ _9\"></span>on to p<span class=\"_ _9\"></span>rov<span class=\"_ _9\"></span>id<span class=\"_ _9\"></span>e for t<span class=\"_ _9\"></span>he<span class=\"_ _9\"></span>se lo<span class=\"_ _9\"></span>ss<span class=\"_ _9\"></span>es.<span class=\"_ _335\"> </span>3<span class=\"_ _11\"></span>. <span class=\"_ _32\"> </span>E<span class=\"_ _9\"></span>xclu<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>s fu<span class=\"_ _9\"></span>ndin<span class=\"_ _9\"></span>g pr<span class=\"_ _9\"></span>ovi<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>d by th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up an<span class=\"_ _9\"></span>d it<span class=\"_ _9\"></span>s jo<span class=\"_ _9\"></span>int ve<span class=\"_ _9\"></span>ntu<span class=\"_ _9\"></span>re p<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>tn<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>s.<span class=\"_ _335\"> </span><div class=\"t m0 h11 ff1 fs9 fc2 sc0 ls84 ws5 gs2e4\">JOINT VENTU<span class=\"_ _9\"></span>RE<span class=\"_ _9\"></span>S<span class=\"_ _335\"> </span></div><div class=\"gs2d9\"><table class=\"s w214 he2\" id=\"_ea24ed69-731b-4a46-8f45-3fa90a955007\"><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m0 x55a h15 y3430 ff3 fsd fc2 sc0 ls74 ws1\">Y<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>ar e<span class=\"_ _9\"></span>nd<span class=\"_ _9\"></span>ed 31 Mar<span class=\"_ _9\"></span>ch 2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td></td><td></td><td class=\"t m0 x559 h15 y3431 ff3 fsd fc2 sc0 ls83 ws87\">Wes<span class=\"_ _a\"></span>tga<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>e<span class=\"_ _9\"></span> </td><td></td><td></td><td></td></tr><tr><td></td><td></td><td class=\"t m0 x23f h15 y3432 ff3 fsd fc2 sc0 ls1 ws1\">Southside </td><td class=\"t m0 x55f h15 y3433 ff3 fsd fc2 sc0 ls1 ws1\">Oxford </td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m0 x337 h15 y3434 ff3 fsd fc2 sc0 ls154 ws181\">Nova, </td><td class=\"t m0 x581 h15 y3435 ff3 fsd fc2 sc0 ls76 ws13e\">Limited </td><td class=\"t m0 xa05 h15 y3436 ff3 fsd fc2 sc0 ls76 ws13e\">Alliance </td><td></td><td></td><td class=\"t m0 x247 h15 y3436 ff3 fsd fc2 sc0 lsa7 ws6c\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x7c3 h15 y3437 ff3 fsd fc2 sc0 ls77 ws7d\">Victoria<span class=\"_ _335\"> </span></td><td class=\"t m0 xa06 h15 y3438 ff3 fsd fc2 sc0 ls76 ws13e\">Partner<span class=\"_ _9\"></span>ship<span class=\"_ _335\"> </span></td><td class=\"t m0 xa07 h15 y3439 ff3 fsd fc2 sc0 ls76 ws13e\">Partner<span class=\"_ _9\"></span>ship<span class=\"_ _335\"> </span></td><td class=\"t m0 x2a3 h15 y3439 ff3 fsd fc2 sc0 ls75 ws7a\">Othe<span class=\"_ _9\"></span>r<span class=\"_ _335\"> </span></td><td class=\"t m0 x2ba h15 y3439 ff3 fsd fc2 sc0 lsa7 ws6c\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td><td class=\"t m0 x4f0 h15 y3439 ff3 fsd fc2 sc0 ls76 ws13e\">Group </td></tr><tr><td></td><td class=\"t m0 x337 h15 y343a ff3 fsd fc2 sc0 ls167 ws1a4\">100<span class=\"_ _9\"></span>%<span class=\"_ _335\"> </span></td><td class=\"t m0 x243 h15 y343b ff3 fsd fc2 sc0 ls167 ws1a4\">100<span class=\"_ _9\"></span>%<span class=\"_ _335\"> </span></td><td class=\"t m0 x9c1 h15 y343c ff3 fsd fc2 sc0 ls167 ws1a4\">100<span class=\"_ _9\"></span>%<span class=\"_ _335\"> </span></td><td class=\"t m0 x4ef h15 y343c ff3 fsd fc2 sc0 ls167 ws1a4\">100<span class=\"_ _9\"></span>%<span class=\"_ _335\"> </span></td><td class=\"t m0 x246 h15 y343c ff3 fsd fc2 sc0 ls167 ws1a4\">100<span class=\"_ _9\"></span>%<span class=\"_ _335\"> </span></td><td class=\"t m0 x33a h15 y343c ff3 fsd fc2 sc0 ls77 ws7d\">share<span class=\"_ _335\"> </span></td></tr><tr><td class=\"t m0 x297 h15 y343d ff2 fsd fc2 sc0 ls78 ws7f\">Balance sheet<span class=\"_ _335\"> </span></td><td class=\"t m0 x249 h15 y343d ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24a h15 y343e ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24b h15 y343f ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y343f ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y343f ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y343f ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c x24f y33fc w20a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Inv<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>stment proper<span class=\"_ _9\"></span>ties</div><div class=\"t m0 xa29 h16 y32a3 ff3 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x25e y33fc w20 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">753<span class=\"_ _335\"> </span></div></td><td class=\"c n xa2a y33fc w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">138<span class=\"_ _335\"> </span></div></td><td class=\"c n xa2b y33fc w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">229<span class=\"_ _335\"> </span></div></td><td class=\"c n xa65 y33fc w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">96<span class=\"_ _335\"> </span></div></td><td class=\"c n xa66 y33fc w59 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,216<span class=\"_ _335\"> </span></div></td><td class=\"c n xa67 y33fc w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">608<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3426 w20b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8e ws191\">Non-<span class=\"_ _9\"></span>curre<span class=\"_ _9\"></span>nt ass<span class=\"_ _9\"></span>ets<span class=\"_ _335\"> </span></div></td><td class=\"c n x3bc y3426 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">753<span class=\"_ _335\"> </span></div></td><td class=\"c n xa2f y3426 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">138<span class=\"_ _335\"> </span></div></td><td class=\"c n xa30 y3426 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">229<span class=\"_ _335\"> </span></div></td><td class=\"c n xa68 y3426 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">96<span class=\"_ _335\"> </span></div></td><td class=\"c n xa69 y3426 w5e hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,216<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c0 y3426 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">608<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3427 w61 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls65 ws90\">Cash and cash equivalents<span class=\"_ _335\"> </span></div></td><td class=\"c n xa33 y3427 w2d hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td><td class=\"c n xa34 y3427 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n x325 y3427 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td><td class=\"c n xa6a y3427 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n xa6b y3427 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">49<span class=\"_ _335\"> </span></div></td><td class=\"c n x660 y3427 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">24<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y33fe w62 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other current assets<span class=\"_ _335\"> </span></div></td><td class=\"c n xa35 y33fe w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">59<span class=\"_ _335\"> </span></div></td><td class=\"c n xa36 y33fe w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n xa37 y33fe w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td><td class=\"c n x2ef y33fe w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">90<span class=\"_ _335\"> </span></div></td><td class=\"c n x72c y33fe w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">168<span class=\"_ _335\"> </span></div></td><td class=\"c n x61e y33fe w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">84<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3428 w20c hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls3c ws143\">Curren<span class=\"_ _9\"></span>t ass<span class=\"_ _9\"></span>ets<span class=\"_ _335\"> </span></div></td><td class=\"c n xa38 y3428 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">87<span class=\"_ _335\"> </span></div></td><td class=\"c n x2c1 y3428 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td><td class=\"c n x2c2 y3428 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">25<span class=\"_ _335\"> </span></div></td><td class=\"c n x2c3 y3428 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">95<span class=\"_ _335\"> </span></div></td><td class=\"c n xa39 y3428 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">217<span class=\"_ _335\"> </span></div></td><td class=\"c n xa6c y3428 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">108<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3429 w65 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls7e ws85\">T<span class=\"_ _11\"></span>otal assets<span class=\"_ _335\"> </span></div></td><td class=\"c n x3bc y3429 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">840<span class=\"_ _335\"> </span></div></td><td class=\"c n xa2f y3429 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">148<span class=\"_ _335\"> </span></div></td><td class=\"c n xa30 y3429 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">254<span class=\"_ _335\"> </span></div></td><td class=\"c n xa31 y3429 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">191<span class=\"_ _335\"> </span></div></td><td class=\"c n xa69 y3429 w5e hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,433<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c0 y3429 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">716<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y342a w20d hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">T<span class=\"_ _11\"></span>rade and ot<span class=\"_ _2\"></span>her payables and<span class=\"_ _2\"></span> provisions<span class=\"_ _335\"> </span></div></td><td class=\"c n xa3a y342a w206 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(33)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa6d y342a w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(6)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa6e y342a w32 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(14)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa6f y342a w32 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(58)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa70 y342a w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(111)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa71 y342a w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(55)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y342b w20e hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">Current liabilities<span class=\"_ _335\"> </span></div></td><td class=\"c n xa40 y342b w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(33)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa3b y342b w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(6)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa72 y342b w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(14)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa73 y342b w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(58)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa74 y342b w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(111)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa75 y342b w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(55)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y342c w20f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws33\">Non-curr<span class=\"_ _9\"></span>ent liabiliti<span class=\"_ _9\"></span>es<span class=\"_ _335\"> </span></div></td><td class=\"c n xa46 y342c w206 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(78)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa76 y342c w29 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(148)<span class=\"_ _335\"> </span></div></td><td class=\"c n x3ec y342c w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa77 y342c w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa78 y342c w29 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(226)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa79 y342c w29 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(113)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y342d w210 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">Non-current liabilities<span class=\"_ _335\"> </span></div></td><td class=\"c n xa40 y342d w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(78)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa7a y342d w29 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(148)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa7b y342d w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa7c y342d w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa7d y342d w29 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(226)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa7e y342d w29 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(113)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y342e w72 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">T<span class=\"_ _11\"></span>otal liabilities<span class=\"_ _335\"> </span></div></td><td class=\"c n xa7f y342e w29 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(111)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa80 y342e w29 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(154)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa81 y342e w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(14)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa82 y342e w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(58)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa83 y342e w29 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(337)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa84 y342e w29 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(168)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y334a w215 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">Net assets/<span class=\"_ _11\"></span>(liabilities<span class=\"_ _11\"></span>)<span class=\"_ _335\"> </span></div></td><td class=\"c n x645 y334a w20 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">729<span class=\"_ _335\"> </span></div></td><td class=\"c n xa85 y334a w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(6)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa30 y334a w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">240<span class=\"_ _335\"> </span></div></td><td class=\"c n xa31 y334a w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">133<span class=\"_ _335\"> </span></div></td><td class=\"c n xa69 y334a w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,096<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c0 y334a w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">548<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x297 h9 y3440 ff3 fs6 fc2 sc0 ls29 ws28\">Comprised of<span class=\"_ _2\"></span>:<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y3404 w73 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1e wsb4\">Net assets<span class=\"_ _335\"> </span></div></td><td class=\"c n xa53 y3404 w20 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">729<span class=\"_ _335\"> </span></div></td><td class=\"c n xa86 y3404 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa87 y3404 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">240<span class=\"_ _335\"> </span></div></td><td class=\"c n xa88 y3404 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">133<span class=\"_ _335\"> </span></div></td><td class=\"c n xa89 y3404 w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,102<span class=\"_ _335\"> </span></div></td><td class=\"c n xa8a y3404 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">551<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y33e3 w211 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">Accumulated losses recognise<span class=\"_ _9\"></span>d as net liabilities</div><div class=\"t m0 xa58 h16 y32a3 ff2 fse fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xa59 y32e3 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa8b y32e3 w87 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(6)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa8c y32e3 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa8d y32e3 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa8e y32e3 w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(6)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa8f y32e3 w87 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(3)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y32cc w212 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Market value of investme<span class=\"_ _9\"></span>nt prop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>ties</div><div class=\"t m0 xa5f h16 y32a9 ff2 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x25e y3356 w20 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">802<span class=\"_ _335\"> </span></div></td><td class=\"c n xa2a y3356 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">139<span class=\"_ _335\"> </span></div></td><td class=\"c n xa2b y3356 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">235<span class=\"_ _335\"> </span></div></td><td class=\"c n xa65 y3356 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">96<span class=\"_ _335\"> </span></div></td><td class=\"c n xa66 y3356 w59 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,272<span class=\"_ _335\"> </span></div></td><td class=\"c n xa90 y3356 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">636<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y32cd w213 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Net cas<span class=\"_ _9\"></span>h</div><div class=\"t m0 xa60 h16 y32a9 ff2 fse fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x6e3 y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td><td class=\"c n xa61 y32cd w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n xa62 y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td><td class=\"c n xa91 y32cd w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n xa92 y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">49<span class=\"_ _335\"> </span></div></td><td class=\"c n xa93 y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">24<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls5 ws1 gs2e5\">1. <span class=\"_ _9\"></span>Th<span class=\"_ _9\"></span>e diff<span class=\"_ _9\"></span>ere<span class=\"_ _9\"></span>nc<span class=\"_ _9\"></span>e be<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>we<span class=\"_ _9\"></span>en th<span class=\"_ _9\"></span>e bo<span class=\"_ _9\"></span>o<span class=\"_ _9\"></span>k valu<span class=\"_ _9\"></span>e and t<span class=\"_ _9\"></span>he m<span class=\"_ _9\"></span>arke<span class=\"_ _9\"></span>t valu<span class=\"_ _9\"></span>e of inv<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>tm<span class=\"_ _9\"></span>ent p<span class=\"_ _9\"></span>ro<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>es is t<span class=\"_ _9\"></span>he am<span class=\"_ _9\"></span>ou<span class=\"_ _9\"></span>nt re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>gni<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>d in re<span class=\"_ _9\"></span>sp<span class=\"_ _9\"></span>e<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t of l<span class=\"_ _9\"></span>eas<span class=\"_ _9\"></span>e in<span class=\"_ _9\"></span>cen<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>ves, h<span class=\"_ _9\"></span>ea<span class=\"_ _9\"></span>d le<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>es c<span class=\"_ _9\"></span>api<span class=\"_ _9\"></span>tali<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>d an<span class=\"_ _9\"></span>d<span class=\"_ _335\"> </span> </div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls7 ws6 gs2e6\">properties treated as<span class=\"_ _11\"></span> finance leases, where<span class=\"_ _11\"></span> applicable.<span class=\"_ _335\"> </span></div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls5 ws1 gs2e7\">2<span class=\"_ _2\"></span>. <span class=\"_ _a\"></span>The G<span class=\"_ _9\"></span>ro<span class=\"_ _9\"></span>up\u2019s share o<span class=\"_ _9\"></span>f ac<span class=\"_ _9\"></span>cumu<span class=\"_ _9\"></span>la<span class=\"_ _9\"></span>ted l<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>s of a j<span class=\"_ _9\"></span>oin<span class=\"_ _9\"></span>t ven<span class=\"_ _9\"></span>ture i<span class=\"_ _9\"></span>nte<span class=\"_ _9\"></span>res<span class=\"_ _9\"></span>t a<span class=\"_ _9\"></span>re re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>gni<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>d as n<span class=\"_ _9\"></span>et l<span class=\"_ _9\"></span>iab<span class=\"_ _9\"></span>ili<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s (see no<span class=\"_ _9\"></span>te 32) wher<span class=\"_ _9\"></span>e the<span class=\"_ _9\"></span>re is a<span class=\"_ _9\"></span>n ob<span class=\"_ _9\"></span>lig<span class=\"_ _9\"></span>ati<span class=\"_ _9\"></span>on to p<span class=\"_ _9\"></span>rov<span class=\"_ _9\"></span>id<span class=\"_ _9\"></span>e for t<span class=\"_ _9\"></span>he<span class=\"_ _9\"></span>se lo<span class=\"_ _9\"></span>ss<span class=\"_ _9\"></span>es.<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls5 ws1 gs2e8\">3<span class=\"_ _11\"></span>. <span class=\"_ _32\"> </span>E<span class=\"_ _9\"></span>xclu<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>s fu<span class=\"_ _9\"></span>ndin<span class=\"_ _9\"></span>g pr<span class=\"_ _9\"></span>ovi<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>d by th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up an<span class=\"_ _9\"></span>d it<span class=\"_ _9\"></span>s jo<span class=\"_ _9\"></span>int ve<span class=\"_ _9\"></span>ntu<span class=\"_ _9\"></span>re p<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>tn<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>s.<span class=\"_ _335\"> </span></div><div class=\"t m0 h11 ff1 fs9 fc2 sc0 ls84 ws5 gs2eb\">JOINT VENTU<span class=\"_ _9\"></span>RE<span class=\"_ _9\"></span>S<span class=\"_ _335\"> </span></div><div class=\"gs2ec\"><table class=\"s w216 he3\" id=\"_83727c2f-05d0-4e7e-9da0-27702bd436da\"><tr><td></td><td></td><td></td><td class=\"t m0 xa94 h15 y3441 ff2 fsd fc2 sc0 ls117 ws155\">We<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>tg<span class=\"_ _9\"></span>a<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span> </td><td></td><td></td></tr><tr><td></td><td></td><td class=\"t m0 x51e h15 y3442 ff2 fsd fc2 sc0 ls1 ws1\">Southside </td><td class=\"t m0 xa95 h15 y3443 ff2 fsd fc2 sc0 ls7b ws82\">Ox<span class=\"_ _9\"></span>ford<span class=\"_ _9\"></span> </td><td></td><td></td></tr><tr><td></td><td class=\"t m0 x2bb h15 y3444 ff2 fsd fc2 sc0 ls102 ws129\">Nova,<span class=\"_ _9\"></span> </td><td class=\"t m0 xa96 h15 y3445 ff2 fsd fc2 sc0 ls7b ws82\">Limite<span class=\"_ _9\"></span>d </td><td class=\"t m0 xa97 h15 y3446 ff2 fsd fc2 sc0 ls78 ws7e\">Alliance </td><td></td><td></td></tr><tr><td></td><td class=\"t m0 x23c h15 y3447 ff2 fsd fc2 sc0 ls1 ws1\">Victoria<span class=\"_ _335\"> </span></td><td class=\"t m0 x9bf h15 y3448 ff2 fsd fc2 sc0 ls78 ws7e\">Partnership<span class=\"_ _335\"> </span></td><td class=\"t m0 xa98 h15 y3449 ff2 fsd fc2 sc0 ls78 ws7e\">Partnership<span class=\"_ _335\"> </span></td><td class=\"t m0 x873 h15 y3449 ff2 fsd fc2 sc0 ls41 ws7c\">Other<span class=\"_ _335\"> </span></td><td class=\"t m0 x33a h15 y3449 ff2 fsd fc2 sc0 lsa4 wsb2\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 xa99 h15 y344a ff2 fsd fc2 sc0 ls76 ws13e\">Group </td><td class=\"t m0 x5c7 h15 y344b ff2 fsd fc2 sc0 ls76 ws13e\">Group </td><td class=\"t m0 x576 h15 y344c ff2 fsd fc2 sc0 ls76 ws13e\">Group </td><td class=\"t m0 xa9a h15 y344c ff2 fsd fc2 sc0 ls76 ws13e\">Group </td><td class=\"t m0 x9c0 h15 y344c ff2 fsd fc2 sc0 ls76 ws13e\">Group </td></tr><tr><td></td><td class=\"t m0 x243 h15 y344d ff2 fsd fc2 sc0 ls11c ws150\">share<span class=\"_ _335\"> </span></td><td class=\"t m0 x9c1 h15 y344e ff2 fsd fc2 sc0 ls11c ws150\">share<span class=\"_ _335\"> </span></td><td class=\"t m0 x4ef h15 y344f ff2 fsd fc2 sc0 ls11c ws150\">share<span class=\"_ _335\"> </span></td><td class=\"t m0 x246 h15 y344f ff2 fsd fc2 sc0 ls11c ws150\">share<span class=\"_ _335\"> </span></td><td class=\"t m0 x7c1 h15 y344f ff2 fsd fc2 sc0 ls11c ws150\">share<span class=\"_ _335\"> </span></td></tr><tr><td class=\"t m0 x297 h15 y3450 ff2 fsd fc2 sc0 ls7a ws38\">Net in<span class=\"_ _11\"></span>vestment<span class=\"_ _335\"> </span></td><td class=\"t m0 x24a h15 y3451 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24b h15 y3452 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y3453 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y3453 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3453 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y33ff w7f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">At 1 April 20<span class=\"_ _11\"></span>24<span class=\"_ _335\"> </span></div></td><td class=\"c n xa9b y33ff w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">344<span class=\"_ _335\"> </span></div></td><td class=\"c n xa9c y33ff w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(5)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa9d y33ff w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">121<span class=\"_ _335\"> </span></div></td><td class=\"c n x5a8 y33ff w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">61<span class=\"_ _335\"> </span></div></td><td class=\"c n xa9e y33ff w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">521<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3400 w217 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">T<span class=\"_ _11\"></span>otal comprehensiv<span class=\"_ _11\"></span>e income<span class=\"_ _335\"> </span></div></td><td class=\"c n x273 y3400 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">20<span class=\"_ _335\"> </span></div></td><td class=\"c n xa9f y3400 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x970 y3400 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">12<span class=\"_ _335\"> </span></div></td><td class=\"c n xaa0 y3400 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xaa1 y3400 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">37<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y342a w218 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls65 ws90\">Cash and other distributions<span class=\"_ _335\"> </span></div></td><td class=\"c n xaa2 y342a w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xaa3 y342a w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xaa4 y342a w32 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(11)<span class=\"_ _335\"> </span></div></td><td class=\"c n xaa5 y342a w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n xaa6 y342a w32 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(12)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y342b w219 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other non-cash mov<span class=\"_ _2\"></span>ements<span class=\"_ _335\"> </span></div></td><td class=\"c n xaa7 y342b w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xaa8 y342b w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n xaa9 y342b w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td><td class=\"c n x5a0 y342b w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n xaaa y342b w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3454 w8b hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">At 3<span class=\"_ _11\"></span>1 Marc<span class=\"_ _9\"></span>h 20<span class=\"_ _11\"></span>25<span class=\"_ _335\"> </span></div></td><td class=\"c n x7a7 y3454 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">365<span class=\"_ _335\"> </span></div></td><td class=\"c n xaab y3454 w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(3)<span class=\"_ _335\"> </span></div></td><td class=\"c n x3f5 y3454 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">120<span class=\"_ _335\"> </span></div></td><td class=\"c n xaac y3454 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">66<span class=\"_ _335\"> </span></div></td><td class=\"c n xaad y3454 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">548<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3455 w202 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">T<span class=\"_ _11\"></span>ota<span class=\"_ _2\"></span>l compr<span class=\"_ _2\"></span>ehensiv<span class=\"_ _2\"></span>e income<span class=\"_ _335\"> </span></div></td><td class=\"c n x273 y3455 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td><td class=\"c n xa9f y3455 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x970 y3455 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td><td class=\"c n xaa0 y3455 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n xaa1 y3455 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">52<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y342d w21a hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls7e ws85\">Cash and other distr<span class=\"_ _2\"></span>ibutions<span class=\"_ _335\"> </span></div></td><td class=\"c n x363 y342d w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xaae y342d w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x977 y342d w27 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(11)<span class=\"_ _335\"> </span></div></td><td class=\"c n xaaf y342d w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xab0 y342d w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(11)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3456 w21b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">Other non-ca<span class=\"_ _2\"></span>sh mo<span class=\"_ _2\"></span>vemen<span class=\"_ _2\"></span>ts<span class=\"_ _335\"> </span></div></td><td class=\"c n xab1 y3456 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xab2 y3456 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xab3 y3456 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x570 y3456 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xab4 y3456 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3457 w90 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">At 3<span class=\"_ _11\"></span>1 Mar<span class=\"_ _9\"></span>ch 20<span class=\"_ _2\"></span>26<span class=\"_ _335\"> </span></div></td><td class=\"c n xab5 y3457 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">395<span class=\"_ _335\"> </span></div></td><td class=\"c n xab6 y3457 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xab7 y3457 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">123<span class=\"_ _335\"> </span></div></td><td class=\"c n xab8 y3457 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">75<span class=\"_ _335\"> </span></div></td><td class=\"c n xab9 y3457 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">593<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x297 h9 y3458 ff3 fs6 fc2 sc0 ls29 ws28\">Comprised of<span class=\"_ _2\"></span>:<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m0 x297 h9 y3459 ff3 fs6 fc2 sc0 ls22 ws1\">At 3<span class=\"_ _11\"></span>1 Marc<span class=\"_ _9\"></span>h 20<span class=\"_ _11\"></span>25<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y345a w21c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Non-curren<span class=\"_ _2\"></span>t assets<span class=\"_ _335\"> </span></div></td><td class=\"c n xaba y345a w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">365<span class=\"_ _335\"> </span></div></td><td class=\"c n xabb y345a w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xabc y345a w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">120<span class=\"_ _335\"> </span></div></td><td class=\"c n xabd y345a w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">66<span class=\"_ _335\"> </span></div></td><td class=\"c n x590 y345a w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">551<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y345c w20a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws33\">Non-curr<span class=\"_ _9\"></span>ent liabiliti<span class=\"_ _9\"></span>es</div><div class=\"t m0 xa29 h16 y345b ff3 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xabe y32e3 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xabf y32e3 w87 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(3)<span class=\"_ _335\"> </span></div></td><td class=\"c n xac0 y32e3 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xac1 y32e3 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xac2 y32e3 w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(3)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x297 h9 y345d ff2 fs6 fc2 sc0 ls22 ws1\">At 3<span class=\"_ _11\"></span>1 Mar<span class=\"_ _9\"></span>ch 20<span class=\"_ _2\"></span>26<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y3356 w20b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8e ws191\">Non-<span class=\"_ _9\"></span>curre<span class=\"_ _9\"></span>nt ass<span class=\"_ _9\"></span>ets<span class=\"_ _335\"> </span></div></td><td class=\"c n xab5 y3356 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">395<span class=\"_ _335\"> </span></div></td><td class=\"c n xab6 y3356 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xab7 y3356 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">123<span class=\"_ _335\"> </span></div></td><td class=\"c n xab8 y3356 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">75<span class=\"_ _335\"> </span></div></td><td class=\"c n xab9 y3356 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">593<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y33e4 w10f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">Non-current liabilities</div><div class=\"t m0 x591 h16 y32a3 ff2 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xac3 y32cd w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xac4 y32cd w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xac5 y32cd w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xac6 y32cd w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xac7 y32cd w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls5 ws1 gs2ed\">1. <span class=\"_ _9\"></span>Th<span class=\"_ _9\"></span>e Gr<span class=\"_ _9\"></span>oup\u2019s shar<span class=\"_ _9\"></span>e of a<span class=\"_ _9\"></span>ccu<span class=\"_ _9\"></span>mul<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>d lo<span class=\"_ _9\"></span>ss<span class=\"_ _9\"></span>es o<span class=\"_ _9\"></span>f a joi<span class=\"_ _9\"></span>nt ve<span class=\"_ _9\"></span>ntur<span class=\"_ _9\"></span>e int<span class=\"_ _9\"></span>ere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t are r<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>og<span class=\"_ _9\"></span>nis<span class=\"_ _9\"></span>ed a<span class=\"_ _9\"></span>s ne<span class=\"_ _9\"></span>t lia<span class=\"_ _9\"></span>bil<span class=\"_ _9\"></span>iti<span class=\"_ _9\"></span>es (see n<span class=\"_ _9\"></span>ot<span class=\"_ _9\"></span>e 32<span class=\"_ _11\"></span>) w<span class=\"_ _9\"></span>he<span class=\"_ _9\"></span>re th<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>e is an o<span class=\"_ _9\"></span>bli<span class=\"_ _9\"></span>ga<span class=\"_ _9\"></span>tio<span class=\"_ _9\"></span>n to pr<span class=\"_ _9\"></span>ovi<span class=\"_ _9\"></span>de fo<span class=\"_ _9\"></span>r th<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>e los<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>s.<span class=\"_ _335\"> </span></div>28<span class=\"_ _b2\"> </span><span class=\"fc4 ls68 wsc5\">INVESTMENTS IN SUBSIDIAR<span class=\"_ _11\"></span>Y UNDERT<span class=\"_ _11\"></span>AKINGS<span class=\"_ _335\"> </span></span>A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Inves<span class=\"_ _9\"></span>tment<span class=\"_ _9\"></span>s in subs<span class=\"_ _9\"></span>idiar<span class=\"_ _a\"></span>y under<span class=\"_ _9\"></span>tak<span class=\"_ _9\"></span>ings ar<span class=\"_ _9\"></span>e sta<span class=\"_ _9\"></span>ted a<span class=\"_ _9\"></span>t cos<span class=\"_ _9\"></span>t in th<span class=\"_ _9\"></span>e Comp<span class=\"_ _9\"></span>any\u2019<span class=\"_ _2\"></span>s bala<span class=\"_ _9\"></span>nce sh<span class=\"_ _9\"></span>ee<span class=\"_ _9\"></span>t, les<span class=\"_ _9\"></span>s any provis<span class=\"_ _9\"></span>ion fo<span class=\"_ _9\"></span>r impair<span class=\"_ _9\"></span>ment i<span class=\"_ _9\"></span>n value.<span class=\"_ _335\"> </span>In acco<span class=\"_ _9\"></span>rdanc<span class=\"_ _9\"></span>e wi<span class=\"_ _9\"></span>th IFRS 2 Share B<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>ed Paym<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s, the equ<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>y se<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>tle<span class=\"_ _9\"></span>d share<span class=\"_ _9\"></span>-base<span class=\"_ _9\"></span>d pa<span class=\"_ _9\"></span>ym<span class=\"_ _9\"></span>ent ch<span class=\"_ _9\"></span>arge fo<span class=\"_ _9\"></span>r the emp<span class=\"_ _9\"></span>loyee<span class=\"_ _9\"></span>s of the C<span class=\"_ _9\"></span>omp<span class=\"_ _9\"></span>any\u2019<span class=\"_ _2\"></span>s subsidi<span class=\"_ _9\"></span>arie<span class=\"_ _9\"></span>s is trea<span class=\"_ _9\"></span>ted a<span class=\"_ _9\"></span>s an incre<span class=\"_ _9\"></span>ase i<span class=\"_ _9\"></span>n the cos<span class=\"_ _9\"></span>t of i<span class=\"_ _9\"></span>nves<span class=\"_ _9\"></span>tment in t<span class=\"_ _9\"></span>he subsi<span class=\"_ _9\"></span>diarie<span class=\"_ _9\"></span>s, with a c<span class=\"_ _9\"></span>orre<span class=\"_ _9\"></span>sp<span class=\"_ _9\"></span>ondin<span class=\"_ _9\"></span>g incre<span class=\"_ _9\"></span>ase in th<span class=\"_ _9\"></span>e Com<span class=\"_ _9\"></span>pany<span class=\"_ _9\"></span>\u2019<span class=\"_ _11\"></span>s eq<span class=\"_ _9\"></span>uit<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span><table class=\"s w2ae hd4\" id=\"_d77fa9da-3d1c-401b-bac8-f7e86f92fad9\"><tr><td></td><td class=\"t m0 x2ba h15 y3511 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y3511 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24d h15 y3512 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3512 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32e3 w2af hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">At the beg<span class=\"_ _9\"></span>inning of th<span class=\"_ _9\"></span>e year<span class=\"_ _335\"> </span></div></td><td class=\"c n xc8a y32e3 w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">5,363<span class=\"_ _335\"> </span></div></td><td class=\"c n xc8b y32e3 w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">5,659<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w2b0 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Capital<span class=\"_ _2\"></span> contributi<span class=\"_ _2\"></span>ons relating<span class=\"_ _2\"></span> to sha<span class=\"_ _2\"></span>re-based payments (<span class=\"_ _11\"></span>note 3<span class=\"_ _11\"></span>5)<span class=\"_ _335\"> </span></div></td><td class=\"c n xd42 y32cb w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">9<span class=\"_ _335\"> </span></div></td><td class=\"c n xd43 y32cb w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w2b1 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls37 ws34\">Impairme<span class=\"_ _9\"></span>nt charge<span class=\"_ _335\"> </span></div></td><td class=\"c n xd44 y32cc w2b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(14)<span class=\"_ _335\"> </span></div></td><td class=\"c n xd45 y32cc w29 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(302)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w2b2 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">At 3<span class=\"_ _11\"></span>1 Mar<span class=\"_ _9\"></span>ch<span class=\"_ _335\"> </span></div></td><td class=\"c n xc8a y32cd w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">5,358<span class=\"_ _335\"> </span></div></td><td class=\"c n xc8b y32cd w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">5,363<span class=\"_ _335\"> </span></div></td></tr></table>A full lis<span class=\"_ _9\"></span>t of sub<span class=\"_ _9\"></span>sidiar<span class=\"_ _a\"></span>y under<span class=\"_ _a\"></span>takings a<span class=\"_ _9\"></span>t 3<span class=\"_ _2\"></span>1 March 2026 is inclu<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>d on pa<span class=\"_ _9\"></span>ges 164<span class=\"_ _9\"></span>-1<span class=\"_ _11\"></span>6<span class=\"_ _2\"></span>7<span class=\"_ _1\"></span>. This inclu<span class=\"_ _9\"></span>des th<span class=\"_ _9\"></span>ose w<span class=\"_ _9\"></span>hich are exe<span class=\"_ _9\"></span>mpt fr<span class=\"_ _9\"></span>om the re<span class=\"_ _9\"></span>quire<span class=\"_ _9\"></span>men<span class=\"_ _9\"></span>t of the C<span class=\"_ _9\"></span>omp<span class=\"_ _9\"></span>anies Ac<span class=\"_ _a\"></span>t 2006 (<span class=\"_ _2\"></span>the \u2018<span class=\"_ _11\"></span>Ac<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>\u2019) rel<span class=\"_ _9\"></span>ating to th<span class=\"_ _9\"></span>e audi<span class=\"_ _9\"></span>t of indi<span class=\"_ _9\"></span>vidu<span class=\"_ _9\"></span>al acc<span class=\"_ _9\"></span>ount<span class=\"_ _9\"></span>s by vir<span class=\"_ _9\"></span>tu<span class=\"_ _9\"></span>e of Se<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tio<span class=\"_ _9\"></span>n 47<span class=\"_ _11\"></span>9A of the Ac<span class=\"_ _9\"></span>t.<span class=\"_ _335\"> </span>In the year e<span class=\"_ _9\"></span>nde<span class=\"_ _9\"></span>d 31 March 2026<span class=\"_ _11\"></span>, th<span class=\"_ _9\"></span>ere h<span class=\"_ _9\"></span>as be<span class=\"_ _9\"></span>en an imp<span class=\"_ _9\"></span>airm<span class=\"_ _9\"></span>ent ch<span class=\"_ _9\"></span>arge on th<span class=\"_ _9\"></span>e Com<span class=\"_ _9\"></span>pany<span class=\"_ _9\"></span>\u2019<span class=\"_ _11\"></span>s inves<span class=\"_ _9\"></span>tme<span class=\"_ _9\"></span>nt in it<span class=\"_ _9\"></span>s subsi<span class=\"_ _9\"></span>diarie<span class=\"_ _9\"></span>s of <span class=\"ff2 ls120 ws156\">\u00a314<span class=\"_ _9\"></span>m<span class=\"_ _9\"></span></span> (2025: charg<span class=\"_ _9\"></span>e of \u00a3<span class=\"_ _9\"></span>302m<span class=\"_ _11\"></span>) as a r<span class=\"_ _9\"></span>esult o<span class=\"_ _9\"></span>f a de<span class=\"_ _9\"></span>crea<span class=\"_ _9\"></span>se in ne<span class=\"_ _9\"></span>t as<span class=\"_ _9\"></span>set<span class=\"_ _9\"></span>s he<span class=\"_ _9\"></span>ld in tho<span class=\"_ _9\"></span>se subsi<span class=\"_ _9\"></span>diar<span class=\"_ _9\"></span>y c<span class=\"_ _9\"></span>omp<span class=\"_ _9\"></span>anies. The r<span class=\"_ _9\"></span>ecove<span class=\"_ _9\"></span>rable am<span class=\"_ _9\"></span>ount o<span class=\"_ _9\"></span>f the inves<span class=\"_ _9\"></span>tme<span class=\"_ _9\"></span>nts h<span class=\"_ _9\"></span>as be<span class=\"_ _9\"></span>en<span class=\"_ _9\"></span> bas<span class=\"_ _9\"></span>ed on th<span class=\"_ _9\"></span>e fair value o<span class=\"_ _9\"></span>f ea<span class=\"_ _9\"></span>ch of the su<span class=\"_ _9\"></span>bsidia<span class=\"_ _9\"></span>ries a<span class=\"_ _9\"></span>t 31 March 2026 as determin<span class=\"_ _9\"></span>ed by the<span class=\"_ _9\"></span>ir indi<span class=\"_ _9\"></span>vidu<span class=\"_ _9\"></span>al ne<span class=\"_ _9\"></span>t ass<span class=\"_ _9\"></span>et valu<span class=\"_ _9\"></span>es at th<span class=\"_ _9\"></span>at da<span class=\"_ _9\"></span>te, totalling<span class=\"_ _9\"></span> \u00a3<span class=\"_ _9\"></span>5,3<span class=\"_ _9\"></span>58<span class=\"_ _9\"></span>m <span class=\"ff3 ls22 ws1\">(2025: \u00a35,363m<span class=\"_ _11\"></span>)<span class=\"_ _11\"></span>.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInterestsInOtherEntitiesExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-453": {
   "value": "A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Joint ar<span class=\"_ _9\"></span>range<span class=\"_ _9\"></span>ment<span class=\"_ _9\"></span>s are th<span class=\"_ _9\"></span>ose en<span class=\"_ _9\"></span>titie<span class=\"_ _9\"></span>s over wh<span class=\"_ _9\"></span>ose a<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tiv<span class=\"_ _9\"></span>itie<span class=\"_ _9\"></span>s the Gro<span class=\"_ _9\"></span>up has j<span class=\"_ _9\"></span>oint co<span class=\"_ _9\"></span>ntrol, es<span class=\"_ _9\"></span>tabli<span class=\"_ _9\"></span>she<span class=\"_ _9\"></span>d by contra<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tual a<span class=\"_ _9\"></span>gree<span class=\"_ _9\"></span>men<span class=\"_ _9\"></span>t. Interes<span class=\"_ _9\"></span>ts in j<span class=\"_ _9\"></span>oint<span class=\"_ _335\"> </span>arrang<span class=\"_ _9\"></span>eme<span class=\"_ _9\"></span>nts ar<span class=\"_ _9\"></span>e acco<span class=\"_ _9\"></span>unted fo<span class=\"_ _9\"></span>r as ei<span class=\"_ _9\"></span>ther a j<span class=\"_ _9\"></span>oint ventu<span class=\"_ _9\"></span>re or a jo<span class=\"_ _9\"></span>int op<span class=\"_ _9\"></span>erati<span class=\"_ _9\"></span>on. The trea<span class=\"_ _9\"></span>tme<span class=\"_ _9\"></span>nt as ei<span class=\"_ _9\"></span>ther a j<span class=\"_ _9\"></span>oint ventu<span class=\"_ _9\"></span>re or a joi<span class=\"_ _9\"></span>nt ope<span class=\"_ _9\"></span>rati<span class=\"_ _9\"></span>on will<span class=\"_ _335\"> </span>dep<span class=\"_ _9\"></span>end o<span class=\"_ _9\"></span>n whe<span class=\"_ _9\"></span>the<span class=\"_ _9\"></span>r the Gro<span class=\"_ _9\"></span>up has ri<span class=\"_ _9\"></span>ghts to th<span class=\"_ _9\"></span>e ne<span class=\"_ _9\"></span>t ass<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s, or a dire<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t in the as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ts an<span class=\"_ _9\"></span>d liabili<span class=\"_ _9\"></span>ties o<span class=\"_ _9\"></span>f the arran<span class=\"_ _9\"></span>gem<span class=\"_ _9\"></span>ent.<span class=\"_ _335\"> </span>A joint arr<span class=\"_ _9\"></span>ange<span class=\"_ _9\"></span>ment i<span class=\"_ _9\"></span>s acco<span class=\"_ _9\"></span>unted f<span class=\"_ _9\"></span>or as a jo<span class=\"_ _9\"></span>int ventur<span class=\"_ _9\"></span>e whe<span class=\"_ _9\"></span>n the Gro<span class=\"_ _9\"></span>up, along w<span class=\"_ _9\"></span>ith the o<span class=\"_ _9\"></span>ther p<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>es tha<span class=\"_ _9\"></span>t have j<span class=\"_ _9\"></span>oint co<span class=\"_ _9\"></span>ntrol o<span class=\"_ _9\"></span>f the arran<span class=\"_ _9\"></span>gem<span class=\"_ _9\"></span>ent,<span class=\"_ _335\"> </span>has rig<span class=\"_ _9\"></span>hts to th<span class=\"_ _9\"></span>e net a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>ts o<span class=\"_ _9\"></span>f the arra<span class=\"_ _9\"></span>ngem<span class=\"_ _9\"></span>ent. Intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>ts in jo<span class=\"_ _9\"></span>int ventur<span class=\"_ _9\"></span>es are a<span class=\"_ _9\"></span>ccoun<span class=\"_ _9\"></span>ted fo<span class=\"_ _9\"></span>r using th<span class=\"_ _9\"></span>e equi<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y me<span class=\"_ _9\"></span>tho<span class=\"_ _9\"></span>d of acc<span class=\"_ _9\"></span>ounting. The e<span class=\"_ _9\"></span>quit<span class=\"_ _9\"></span>y<span class=\"_ _335\"> </span>meth<span class=\"_ _9\"></span>od re<span class=\"_ _9\"></span>quire<span class=\"_ _9\"></span>s the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _11\"></span>s s<span class=\"_ _9\"></span>hare of th<span class=\"_ _9\"></span>e joint ve<span class=\"_ _9\"></span>nture\u2019<span class=\"_ _11\"></span>s p<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>t-tax profi<span class=\"_ _9\"></span>t or los<span class=\"_ _9\"></span>s for th<span class=\"_ _9\"></span>e year to b<span class=\"_ _9\"></span>e pres<span class=\"_ _9\"></span>ente<span class=\"_ _9\"></span>d sep<span class=\"_ _9\"></span>arate<span class=\"_ _9\"></span>ly in the i<span class=\"_ _9\"></span>ncom<span class=\"_ _9\"></span>e s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent<span class=\"_ _335\"> </span>and the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _11\"></span>s s<span class=\"_ _9\"></span>hare of th<span class=\"_ _9\"></span>e joint ve<span class=\"_ _9\"></span>nture\u2019<span class=\"_ _11\"></span>s n<span class=\"_ _9\"></span>et a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>ts to b<span class=\"_ _9\"></span>e pre<span class=\"_ _9\"></span>sen<span class=\"_ _9\"></span>ted se<span class=\"_ _9\"></span>para<span class=\"_ _9\"></span>tely in th<span class=\"_ _9\"></span>e bal<span class=\"_ _9\"></span>ance sh<span class=\"_ _9\"></span>ee<span class=\"_ _9\"></span>t.<span class=\"_ _335\"> </span>A joint arr<span class=\"_ _9\"></span>ange<span class=\"_ _9\"></span>ment i<span class=\"_ _9\"></span>s acco<span class=\"_ _9\"></span>unted f<span class=\"_ _9\"></span>or as a jo<span class=\"_ _9\"></span>int op<span class=\"_ _9\"></span>erati<span class=\"_ _9\"></span>on wh<span class=\"_ _9\"></span>en the G<span class=\"_ _9\"></span>roup, along w<span class=\"_ _9\"></span>ith th<span class=\"_ _9\"></span>e par<span class=\"_ _a\"></span>ties tha<span class=\"_ _9\"></span>t have jo<span class=\"_ _9\"></span>int con<span class=\"_ _9\"></span>trol of th<span class=\"_ _9\"></span>e arrang<span class=\"_ _9\"></span>eme<span class=\"_ _9\"></span>nt,<span class=\"_ _335\"> </span>has rig<span class=\"_ _9\"></span>hts to th<span class=\"_ _9\"></span>e ass<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s and ob<span class=\"_ _9\"></span>liga<span class=\"_ _9\"></span>tions f<span class=\"_ _9\"></span>or the li<span class=\"_ _9\"></span>abiliti<span class=\"_ _9\"></span>es re<span class=\"_ _9\"></span>latin<span class=\"_ _9\"></span>g to the arran<span class=\"_ _9\"></span>gem<span class=\"_ _9\"></span>ent. The Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s sh<span class=\"_ _9\"></span>are of jo<span class=\"_ _9\"></span>intly co<span class=\"_ _9\"></span>ntroll<span class=\"_ _9\"></span>ed as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ts, re<span class=\"_ _9\"></span>late<span class=\"_ _9\"></span>d<span class=\"_ _335\"> </span>liabili<span class=\"_ _9\"></span>ties, in<span class=\"_ _9\"></span>come a<span class=\"_ _9\"></span>nd exp<span class=\"_ _9\"></span>ens<span class=\"_ _9\"></span>es are c<span class=\"_ _9\"></span>ombin<span class=\"_ _9\"></span>ed w<span class=\"_ _9\"></span>ith the e<span class=\"_ _9\"></span>qui<span class=\"_ _9\"></span>valent i<span class=\"_ _9\"></span>tems in th<span class=\"_ _9\"></span>e financ<span class=\"_ _9\"></span>ial s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s on a line<span class=\"_ _9\"></span>-by-line basis.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForInvestmentInAssociatesAndJointVenturesExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-471": {
   "value": "A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Joint ar<span class=\"_ _9\"></span>range<span class=\"_ _9\"></span>ment<span class=\"_ _9\"></span>s are th<span class=\"_ _9\"></span>ose en<span class=\"_ _9\"></span>titie<span class=\"_ _9\"></span>s over wh<span class=\"_ _9\"></span>ose a<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tiv<span class=\"_ _9\"></span>itie<span class=\"_ _9\"></span>s the Gro<span class=\"_ _9\"></span>up has j<span class=\"_ _9\"></span>oint co<span class=\"_ _9\"></span>ntrol, es<span class=\"_ _9\"></span>tabli<span class=\"_ _9\"></span>she<span class=\"_ _9\"></span>d by contra<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tual a<span class=\"_ _9\"></span>gree<span class=\"_ _9\"></span>men<span class=\"_ _9\"></span>t. Interes<span class=\"_ _9\"></span>ts in j<span class=\"_ _9\"></span>oint<span class=\"_ _335\"> </span>arrang<span class=\"_ _9\"></span>eme<span class=\"_ _9\"></span>nts ar<span class=\"_ _9\"></span>e acco<span class=\"_ _9\"></span>unted fo<span class=\"_ _9\"></span>r as ei<span class=\"_ _9\"></span>ther a j<span class=\"_ _9\"></span>oint ventu<span class=\"_ _9\"></span>re or a jo<span class=\"_ _9\"></span>int op<span class=\"_ _9\"></span>erati<span class=\"_ _9\"></span>on. The trea<span class=\"_ _9\"></span>tme<span class=\"_ _9\"></span>nt as ei<span class=\"_ _9\"></span>ther a j<span class=\"_ _9\"></span>oint ventu<span class=\"_ _9\"></span>re or a joi<span class=\"_ _9\"></span>nt ope<span class=\"_ _9\"></span>rati<span class=\"_ _9\"></span>on will<span class=\"_ _335\"> </span>dep<span class=\"_ _9\"></span>end o<span class=\"_ _9\"></span>n whe<span class=\"_ _9\"></span>the<span class=\"_ _9\"></span>r the Gro<span class=\"_ _9\"></span>up has ri<span class=\"_ _9\"></span>ghts to th<span class=\"_ _9\"></span>e ne<span class=\"_ _9\"></span>t ass<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s, or a dire<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t in the as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ts an<span class=\"_ _9\"></span>d liabili<span class=\"_ _9\"></span>ties o<span class=\"_ _9\"></span>f the arran<span class=\"_ _9\"></span>gem<span class=\"_ _9\"></span>ent.<span class=\"_ _335\"> </span>A joint arr<span class=\"_ _9\"></span>ange<span class=\"_ _9\"></span>ment i<span class=\"_ _9\"></span>s acco<span class=\"_ _9\"></span>unted f<span class=\"_ _9\"></span>or as a jo<span class=\"_ _9\"></span>int ventur<span class=\"_ _9\"></span>e whe<span class=\"_ _9\"></span>n the Gro<span class=\"_ _9\"></span>up, along w<span class=\"_ _9\"></span>ith the o<span class=\"_ _9\"></span>ther p<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>es tha<span class=\"_ _9\"></span>t have j<span class=\"_ _9\"></span>oint co<span class=\"_ _9\"></span>ntrol o<span class=\"_ _9\"></span>f the arran<span class=\"_ _9\"></span>gem<span class=\"_ _9\"></span>ent,<span class=\"_ _335\"> </span>has rig<span class=\"_ _9\"></span>hts to th<span class=\"_ _9\"></span>e net a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>ts o<span class=\"_ _9\"></span>f the arra<span class=\"_ _9\"></span>ngem<span class=\"_ _9\"></span>ent. Intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>ts in jo<span class=\"_ _9\"></span>int ventur<span class=\"_ _9\"></span>es are a<span class=\"_ _9\"></span>ccoun<span class=\"_ _9\"></span>ted fo<span class=\"_ _9\"></span>r using th<span class=\"_ _9\"></span>e equi<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y me<span class=\"_ _9\"></span>tho<span class=\"_ _9\"></span>d of acc<span class=\"_ _9\"></span>ounting. The e<span class=\"_ _9\"></span>quit<span class=\"_ _9\"></span>y<span class=\"_ _335\"> </span>meth<span class=\"_ _9\"></span>od re<span class=\"_ _9\"></span>quire<span class=\"_ _9\"></span>s the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _11\"></span>s s<span class=\"_ _9\"></span>hare of th<span class=\"_ _9\"></span>e joint ve<span class=\"_ _9\"></span>nture\u2019<span class=\"_ _11\"></span>s p<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>t-tax profi<span class=\"_ _9\"></span>t or los<span class=\"_ _9\"></span>s for th<span class=\"_ _9\"></span>e year to b<span class=\"_ _9\"></span>e pres<span class=\"_ _9\"></span>ente<span class=\"_ _9\"></span>d sep<span class=\"_ _9\"></span>arate<span class=\"_ _9\"></span>ly in the i<span class=\"_ _9\"></span>ncom<span class=\"_ _9\"></span>e s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent<span class=\"_ _335\"> </span>and the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _11\"></span>s s<span class=\"_ _9\"></span>hare of th<span class=\"_ _9\"></span>e joint ve<span class=\"_ _9\"></span>nture\u2019<span class=\"_ _11\"></span>s n<span class=\"_ _9\"></span>et a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>ts to b<span class=\"_ _9\"></span>e pre<span class=\"_ _9\"></span>sen<span class=\"_ _9\"></span>ted se<span class=\"_ _9\"></span>para<span class=\"_ _9\"></span>tely in th<span class=\"_ _9\"></span>e bal<span class=\"_ _9\"></span>ance sh<span class=\"_ _9\"></span>ee<span class=\"_ _9\"></span>t.<span class=\"_ _335\"> </span>A joint arr<span class=\"_ _9\"></span>ange<span class=\"_ _9\"></span>ment i<span class=\"_ _9\"></span>s acco<span class=\"_ _9\"></span>unted f<span class=\"_ _9\"></span>or as a jo<span class=\"_ _9\"></span>int op<span class=\"_ _9\"></span>erati<span class=\"_ _9\"></span>on wh<span class=\"_ _9\"></span>en the G<span class=\"_ _9\"></span>roup, along w<span class=\"_ _9\"></span>ith th<span class=\"_ _9\"></span>e par<span class=\"_ _a\"></span>ties tha<span class=\"_ _9\"></span>t have jo<span class=\"_ _9\"></span>int con<span class=\"_ _9\"></span>trol of th<span class=\"_ _9\"></span>e arrang<span class=\"_ _9\"></span>eme<span class=\"_ _9\"></span>nt,<span class=\"_ _335\"> </span>has rig<span class=\"_ _9\"></span>hts to th<span class=\"_ _9\"></span>e ass<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s and ob<span class=\"_ _9\"></span>liga<span class=\"_ _9\"></span>tions f<span class=\"_ _9\"></span>or the li<span class=\"_ _9\"></span>abiliti<span class=\"_ _9\"></span>es re<span class=\"_ _9\"></span>latin<span class=\"_ _9\"></span>g to the arran<span class=\"_ _9\"></span>gem<span class=\"_ _9\"></span>ent. The Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s sh<span class=\"_ _9\"></span>are of jo<span class=\"_ _9\"></span>intly co<span class=\"_ _9\"></span>ntroll<span class=\"_ _9\"></span>ed as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ts, re<span class=\"_ _9\"></span>late<span class=\"_ _9\"></span>d<span class=\"_ _335\"> </span>liabili<span class=\"_ _9\"></span>ties, in<span class=\"_ _9\"></span>come a<span class=\"_ _9\"></span>nd exp<span class=\"_ _9\"></span>ens<span class=\"_ _9\"></span>es are c<span class=\"_ _9\"></span>ombin<span class=\"_ _9\"></span>ed w<span class=\"_ _9\"></span>ith the e<span class=\"_ _9\"></span>qui<span class=\"_ _9\"></span>valent i<span class=\"_ _9\"></span>tems in th<span class=\"_ _9\"></span>e financ<span class=\"_ _9\"></span>ial s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s on a line<span class=\"_ _9\"></span>-by-line basis.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForInvestmentsInJointVentures",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-408": {
   "value": "<div class=\"t m0 ha2 ff1 fs7 fc0 sc0 ls163 ws1a0 gs2ef\">16<span class=\"_ _118\"> </span><span class=\"fc4 lsd2 wsf3\">CAPIT<span class=\"_ _1\"></span>AL COMMITMEN<span class=\"_ _2\"></span>TS<span class=\"_ _335\"> </span></span></div><div class=\"gs2f0\"><table class=\"s w21d he4\" id=\"_2bd1f19a-4974-4f79-a9aa-80e1652f1be4\"><tr><td></td><td class=\"t m0 x2ba h15 y345e ff2 fsd fc2 sc0 ls3f wsbc\">2026 </td><td class=\"t m0 x247 h15 y345e ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24d h15 y345f ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y345f ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"t m0 x297 h9 y3460 ff2 fs6 fc2 sc0 ls22 ws1\">Contrac<span class=\"_ _9\"></span>ted cap<span class=\"_ _9\"></span>ital commitm<span class=\"_ _9\"></span>ents at the e<span class=\"_ _9\"></span>nd of the ye<span class=\"_ _9\"></span>ar in resp<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>t of:<span class=\"_ _335\"> </span></td><td></td><td></td></tr><tr><td class=\"c n x24f y32ca w50 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Inv<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>stment proper<span class=\"_ _9\"></span>ties<span class=\"_ _335\"> </span></div></td><td class=\"c n x749 y32ca w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">178<span class=\"_ _335\"> </span></div></td><td class=\"c n x74a y32ca w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">276<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w5f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">T<span class=\"_ _11\"></span>rading pr<span class=\"_ _2\"></span>oper<span class=\"_ _9\"></span>ties<span class=\"_ _335\"> </span></div></td><td class=\"c n xac8 y32cb w37 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xac9 y32cb w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w21e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Joint ve<span class=\"_ _9\"></span>ntures (our share<span class=\"_ _2\"></span>)<span class=\"_ _335\"> </span></div></td><td class=\"c n x310 y32cc w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x358 y32cc w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w21f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls37 ws34\">T<span class=\"_ _11\"></span>otal capital commitments<span class=\"_ _335\"> </span></div></td><td class=\"c n x2a4 y32cd w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">178<span class=\"_ _335\"> </span></div></td><td class=\"c n x2a5 y32cd w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">283<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs2f1\">Capital<span class=\"_ _2\"></span> commitments include<span class=\"_ _11\"></span> contrac<span class=\"_ _9\"></span>tually comm<span class=\"_ _2\"></span>itted obligations to<span class=\"_ _2\"></span> purchase goods or<span class=\"_ _2\"></span> ser<span class=\"_ _9\"></span>vices used in t<span class=\"_ _2\"></span>he construc<span class=\"_ _9\"></span>tion,<span class=\"_ _11\"></span> development, repair<span class=\"_ _1\"></span>,<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs2f2\">maintena<span class=\"_ _2\"></span>nce or other en<span class=\"_ _2\"></span>hancement of t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>e Group<span class=\"_ _2\"></span>\u2019<span class=\"_ _11\"></span>s properties.<span class=\"_ _335\"> </span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfCommitmentsExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-380": {
   "value": "16<span class=\"_ _118\"> </span><span class=\"fc4 lsd2 wsf3\">CAPIT<span class=\"_ _1\"></span>AL COMMITMEN<span class=\"_ _2\"></span>TS<span class=\"_ _335\"> </span></span><table class=\"s w21d he4\" id=\"_2bd1f19a-4974-4f79-a9aa-80e1652f1be4\"><tr><td></td><td class=\"t m0 x2ba h15 y345e ff2 fsd fc2 sc0 ls3f wsbc\">2026 </td><td class=\"t m0 x247 h15 y345e ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24d h15 y345f ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y345f ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"t m0 x297 h9 y3460 ff2 fs6 fc2 sc0 ls22 ws1\">Contrac<span class=\"_ _9\"></span>ted cap<span class=\"_ _9\"></span>ital commitm<span class=\"_ _9\"></span>ents at the e<span class=\"_ _9\"></span>nd of the ye<span class=\"_ _9\"></span>ar in resp<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>t of:<span class=\"_ _335\"> </span></td><td></td><td></td></tr><tr><td class=\"c n x24f y32ca w50 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Inv<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>stment proper<span class=\"_ _9\"></span>ties<span class=\"_ _335\"> </span></div></td><td class=\"c n x749 y32ca w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">178<span class=\"_ _335\"> </span></div></td><td class=\"c n x74a y32ca w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">276<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w5f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">T<span class=\"_ _11\"></span>rading pr<span class=\"_ _2\"></span>oper<span class=\"_ _9\"></span>ties<span class=\"_ _335\"> </span></div></td><td class=\"c n xac8 y32cb w37 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xac9 y32cb w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w21e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Joint ve<span class=\"_ _9\"></span>ntures (our share<span class=\"_ _2\"></span>)<span class=\"_ _335\"> </span></div></td><td class=\"c n x310 y32cc w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x358 y32cc w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w21f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls37 ws34\">T<span class=\"_ _11\"></span>otal capital commitments<span class=\"_ _335\"> </span></div></td><td class=\"c n x2a4 y32cd w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">178<span class=\"_ _335\"> </span></div></td><td class=\"c n x2a5 y32cd w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">283<span class=\"_ _335\"> </span></div></td></tr></table>Capital<span class=\"_ _2\"></span> commitments include<span class=\"_ _11\"></span> contrac<span class=\"_ _9\"></span>tually comm<span class=\"_ _2\"></span>itted obligations to<span class=\"_ _2\"></span> purchase goods or<span class=\"_ _2\"></span> ser<span class=\"_ _9\"></span>vices used in t<span class=\"_ _2\"></span>he construc<span class=\"_ _9\"></span>tion,<span class=\"_ _11\"></span> development, repair<span class=\"_ _1\"></span>,<span class=\"_ _335\"> </span>maintena<span class=\"_ _2\"></span>nce or other en<span class=\"_ _2\"></span>hancement of t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>e Group<span class=\"_ _2\"></span>\u2019<span class=\"_ _11\"></span>s properties.<span class=\"_ _335\"> </span>38<span class=\"_ _b2\"> </span><span class=\"fc4 lsd2 ws178\">CONTINGENCIES<span class=\"_ _335\"> </span></span>The Group<span class=\"_ _2\"></span> has conti<span class=\"_ _2\"></span>ngent liabi<span class=\"_ _2\"></span>lities i<span class=\"_ _2\"></span>n respec<span class=\"_ _9\"></span>t of legal c<span class=\"_ _2\"></span>laims,<span class=\"_ _2\"></span> contractor clai<span class=\"_ _2\"></span>ms, remediat<span class=\"_ _2\"></span>ion for bui<span class=\"_ _11\"></span>lding defec<span class=\"_ _9\"></span>ts, developer<span class=\"_ _2\"></span> contractual<span class=\"_ _335\"> </span>arrang<span class=\"_ _9\"></span>eme<span class=\"_ _9\"></span>nts, gu<span class=\"_ _9\"></span>arantee<span class=\"_ _9\"></span>s and war<span class=\"_ _9\"></span>rantie<span class=\"_ _9\"></span>s arisin<span class=\"_ _9\"></span>g in the ordi<span class=\"_ _9\"></span>nar<span class=\"_ _9\"></span>y co<span class=\"_ _9\"></span>urs<span class=\"_ _9\"></span>e of bus<span class=\"_ _9\"></span>ines<span class=\"_ _9\"></span>s. A provis<span class=\"_ _9\"></span>ion fo<span class=\"_ _9\"></span>r such ma<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>ter<span class=\"_ _9\"></span>s is onl<span class=\"_ _9\"></span>y re<span class=\"_ _9\"></span>cogni<span class=\"_ _9\"></span>sed to th<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span>ex<span class=\"_ _9\"></span>tent th<span class=\"_ _9\"></span>at the G<span class=\"_ _9\"></span>roup h<span class=\"_ _9\"></span>as a le<span class=\"_ _9\"></span>gal or co<span class=\"_ _9\"></span>ns<span class=\"_ _9\"></span>tru<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tive ob<span class=\"_ _9\"></span>liga<span class=\"_ _9\"></span>tion a<span class=\"_ _9\"></span>s a resul<span class=\"_ _9\"></span>t of a pa<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t event and i<span class=\"_ _9\"></span>t is pro<span class=\"_ _9\"></span>bab<span class=\"_ _9\"></span>le tha<span class=\"_ _9\"></span>t an out<span class=\"_ _9\"></span>flow of e<span class=\"_ _9\"></span>con<span class=\"_ _9\"></span>omic b<span class=\"_ _9\"></span>en<span class=\"_ _9\"></span>efit<span class=\"_ _335\"> </span>will b<span class=\"_ _9\"></span>e requ<span class=\"_ _9\"></span>ired to se<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>tle th<span class=\"_ _9\"></span>e obli<span class=\"_ _9\"></span>gati<span class=\"_ _9\"></span>on.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-381": {
   "value": "<div class=\"t m0 ha2 ff1 fs7 fc0 sc0 ls160 ws19c gs2f5\">17<span class=\"_ _d5\"> </span><span class=\"fc4 ls1a ws1\">NE<span class=\"_ _9\"></span>T INV<span class=\"_ _9\"></span>ES<span class=\"_ _9\"></span>TME<span class=\"_ _9\"></span>NT IN FIN<span class=\"_ _9\"></span>AN<span class=\"_ _9\"></span>CE LE<span class=\"_ _9\"></span>A<span class=\"_ _9\"></span>SES<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h4a ff1 fs1 fc0 sc0 ls1 ws1 gs2f6\">A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs2f7\">Wher<span class=\"_ _9\"></span>e the Gr<span class=\"_ _9\"></span>oup\u2019<span class=\"_ _11\"></span>s le<span class=\"_ _9\"></span>ase<span class=\"_ _9\"></span>s trans<span class=\"_ _9\"></span>fe<span class=\"_ _9\"></span>r the signific<span class=\"_ _9\"></span>ant ris<span class=\"_ _9\"></span>ks and r<span class=\"_ _9\"></span>ewards inc<span class=\"_ _9\"></span>iden<span class=\"_ _9\"></span>tal to owne<span class=\"_ _9\"></span>rship o<span class=\"_ _9\"></span>f the und<span class=\"_ _9\"></span>erl<span class=\"_ _9\"></span>ying a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>t to the ten<span class=\"_ _9\"></span>ant, the le<span class=\"_ _9\"></span>ase i<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs2f8\">acco<span class=\"_ _9\"></span>unted fo<span class=\"_ _9\"></span>r as a finan<span class=\"_ _9\"></span>ce le<span class=\"_ _9\"></span>ase. At the out<span class=\"_ _9\"></span>set o<span class=\"_ _9\"></span>f the le<span class=\"_ _9\"></span>ase th<span class=\"_ _9\"></span>e fair valu<span class=\"_ _9\"></span>e of the as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>t is der<span class=\"_ _9\"></span>eco<span class=\"_ _9\"></span>gnis<span class=\"_ _9\"></span>ed fro<span class=\"_ _9\"></span>m inves<span class=\"_ _9\"></span>tmen<span class=\"_ _9\"></span>t prop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y an<span class=\"_ _9\"></span>d rec<span class=\"_ _9\"></span>ogni<span class=\"_ _9\"></span>sed<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs2f9\">as a fi<span class=\"_ _2\"></span>nance lease receiva<span class=\"_ _2\"></span>ble<span class=\"_ _2\"></span>. The fi<span class=\"_ _2\"></span>nance lease receiva<span class=\"_ _2\"></span>ble is derecognised<span class=\"_ _2\"></span> in the<span class=\"_ _2\"></span> event<span class=\"_ _2\"></span> that the lease<span class=\"_ _2\"></span> is termi<span class=\"_ _11\"></span>na<span class=\"_ _9\"></span>ted<span class=\"_ _2\"></span>. Lease income i<span class=\"_ _2\"></span>s recognised<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs2fa\">over the p<span class=\"_ _9\"></span>erio<span class=\"_ _9\"></span>d of the l<span class=\"_ _9\"></span>ea<span class=\"_ _9\"></span>se, reflec<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>ng a con<span class=\"_ _9\"></span>stan<span class=\"_ _9\"></span>t rate of r<span class=\"_ _9\"></span>eturn. The diffe<span class=\"_ _9\"></span>renc<span class=\"_ _9\"></span>e be<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>wee<span class=\"_ _9\"></span>n the gros<span class=\"_ _9\"></span>s re<span class=\"_ _9\"></span>ceiva<span class=\"_ _9\"></span>ble an<span class=\"_ _9\"></span>d the pre<span class=\"_ _9\"></span>sen<span class=\"_ _9\"></span>t value of th<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs2fb\">rec<span class=\"_ _9\"></span>eivab<span class=\"_ _9\"></span>le is re<span class=\"_ _9\"></span>cog<span class=\"_ _9\"></span>nise<span class=\"_ _9\"></span>d as financ<span class=\"_ _9\"></span>e inco<span class=\"_ _9\"></span>me wi<span class=\"_ _9\"></span>thin reven<span class=\"_ _9\"></span>ue over th<span class=\"_ _9\"></span>e lea<span class=\"_ _9\"></span>se term.<span class=\"_ _335\"> </span> </div><div class=\"gs2fc\"><table class=\"s w220 he5\" id=\"_577a68bc-f1f7-4a29-a29f-ec8be3d900a7\"><tr><td></td><td class=\"t m0 x2ba h15 y3461 ff2 fsd fc2 sc0 ls3f wsbc\">2026 </td><td class=\"t m0 x247 h15 y3461 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24d h15 y3462 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3462 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"t m0 x297 h9 y3463 ff2 fs6 fc2 sc0 ls8e ws97\">Non-<span class=\"_ _9\"></span>curre<span class=\"_ _9\"></span>nt<span class=\"_ _335\"> </span></td><td></td><td></td></tr><tr><td class=\"c n x24f y3464 w221 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Finance leases \u2013<span class=\"_ _2\"></span> gross receiva<span class=\"_ _2\"></span>bles<span class=\"_ _335\"> </span></div></td><td class=\"c n x538 y3464 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">35<span class=\"_ _335\"> </span></div></td><td class=\"c n x539 y3464 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">35<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3465 w222 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls31 ws45\">Unguaranteed residual value<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c3 y3465 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c4 y3465 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3466 w223 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Unearned finance<span class=\"_ _11\"></span> income<span class=\"_ _335\"> </span></div></td><td class=\"c n xaca y3466 w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(17)<span class=\"_ _335\"> </span></div></td><td class=\"c n xacb y3466 w32 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(18)<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n x6c5 y3467 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">20<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c6 y3467 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">19<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y3468 w224 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls3c ws80\">Curren<span class=\"_ _9\"></span>t</div><div class=\"t m0 x9a0 h16 y32a3 ff2 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td></td><td></td></tr><tr><td class=\"c n x24f y3367 w221 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Finance leases \u2013<span class=\"_ _2\"></span> gross receiva<span class=\"_ _2\"></span>bles<span class=\"_ _335\"> </span></div></td><td class=\"c n x733 y3367 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xacc y3367 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3307 w223 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Unearned finance<span class=\"_ _11\"></span> income<span class=\"_ _335\"> </span></div></td><td class=\"c n xacd y3307 w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n x375 y3307 w87 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n xace y3309 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xacf y3309 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y330a w225 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Net investm<span class=\"_ _9\"></span>ent in finan<span class=\"_ _9\"></span>ce le<span class=\"_ _9\"></span>ases<span class=\"_ _335\"> </span></div></td><td class=\"c n xa0a y330a w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">21<span class=\"_ _335\"> </span></div></td><td class=\"c n x26a y330a w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">20<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x297 h9 y3469 ff2 fs6 fc2 sc0 ls8f ws42\">Gross rece<span class=\"_ _2\"></span>ivables<span class=\"_ _11\"></span> from financ<span class=\"_ _2\"></span>e leases due<span class=\"_ _11\"></span>:<span class=\"_ _335\"> </span></td><td></td><td></td></tr><tr><td class=\"c n x24f y335a w226 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">No later t<span class=\"_ _2\"></span>han one y<span class=\"_ _2\"></span>ear<span class=\"_ _335\"> </span></div></td><td class=\"c n x732 y335a w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xad0 y335a w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y335b w227 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">One to t<span class=\"_ _9\"></span>wo ye<span class=\"_ _9\"></span>ars<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c3 y335b w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c4 y335b w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32df w228 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">T<span class=\"_ _11\"></span>wo to thre<span class=\"_ _9\"></span>e year<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n x732 y32df w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xad0 y32df w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e0 w229 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Thre<span class=\"_ _9\"></span>e to four year<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n x733 y32e0 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xacc y32e0 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32c8 w22a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Four to five year<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xad1 y32c8 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xad2 y32c8 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32c9 w22b hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">More th<span class=\"_ _9\"></span>an five year<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xad3 y32c9 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td><td class=\"c n xad4 y32c9 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">29<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n x6c5 y32ca w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">37<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c6 y32ca w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">37<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w222 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls31 ws45\">Unguaranteed residual value<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c3 y32cb w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c4 y32cb w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w223 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Unearned finance<span class=\"_ _11\"></span> income<span class=\"_ _335\"> </span></div></td><td class=\"c n xaca y32cc w2b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(18)<span class=\"_ _335\"> </span></div></td><td class=\"c n xacb y32cc w32 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(19)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w225 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Net investm<span class=\"_ _9\"></span>ent in finan<span class=\"_ _9\"></span>ce le<span class=\"_ _9\"></span>ases<span class=\"_ _335\"> </span></div></td><td class=\"c n xa0a y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">21<span class=\"_ _335\"> </span></div></td><td class=\"c n x26a y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">20<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls5 ws1 gs2fd\">1. <span class=\"_ _9\"></span>In<span class=\"_ _9\"></span>clu<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>d in O<span class=\"_ _9\"></span>th<span class=\"_ _9\"></span>er Re<span class=\"_ _9\"></span>ce<span class=\"_ _9\"></span>iva<span class=\"_ _9\"></span>bl<span class=\"_ _9\"></span>es in n<span class=\"_ _9\"></span>ot<span class=\"_ _9\"></span>e 26<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs2fe\">The Group<span class=\"_ _2\"></span> has leased out sev<span class=\"_ _2\"></span>eral in<span class=\"_ _11\"></span>ves<span class=\"_ _9\"></span>tment properties under fina<span class=\"_ _2\"></span>nce leases, whi<span class=\"_ _2\"></span>ch range<span class=\"_ _2\"></span> from 25 t<span class=\"_ _11\"></span>o 125 y<span class=\"_ _2\"></span>ears in dur<span class=\"_ _2\"></span>ation from<span class=\"_ _11\"></span> the inception<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs2ff\">of the le<span class=\"_ _9\"></span>ase.<span class=\"_ _335\"> </span> </div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfMaturityAnalysisOfFinanceLeasePaymentsReceivableExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-409": {
   "value": "17<span class=\"_ _d5\"> </span><span class=\"fc4 ls1a ws1\">NE<span class=\"_ _9\"></span>T INV<span class=\"_ _9\"></span>ES<span class=\"_ _9\"></span>TME<span class=\"_ _9\"></span>NT IN FIN<span class=\"_ _9\"></span>AN<span class=\"_ _9\"></span>CE LE<span class=\"_ _9\"></span>A<span class=\"_ _9\"></span>SES<span class=\"_ _335\"> </span></span>A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Wher<span class=\"_ _9\"></span>e the Gr<span class=\"_ _9\"></span>oup\u2019<span class=\"_ _11\"></span>s le<span class=\"_ _9\"></span>ase<span class=\"_ _9\"></span>s trans<span class=\"_ _9\"></span>fe<span class=\"_ _9\"></span>r the signific<span class=\"_ _9\"></span>ant ris<span class=\"_ _9\"></span>ks and r<span class=\"_ _9\"></span>ewards inc<span class=\"_ _9\"></span>iden<span class=\"_ _9\"></span>tal to owne<span class=\"_ _9\"></span>rship o<span class=\"_ _9\"></span>f the und<span class=\"_ _9\"></span>erl<span class=\"_ _9\"></span>ying a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>t to the ten<span class=\"_ _9\"></span>ant, the le<span class=\"_ _9\"></span>ase i<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span>acco<span class=\"_ _9\"></span>unted fo<span class=\"_ _9\"></span>r as a finan<span class=\"_ _9\"></span>ce le<span class=\"_ _9\"></span>ase. At the out<span class=\"_ _9\"></span>set o<span class=\"_ _9\"></span>f the le<span class=\"_ _9\"></span>ase th<span class=\"_ _9\"></span>e fair valu<span class=\"_ _9\"></span>e of the as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>t is der<span class=\"_ _9\"></span>eco<span class=\"_ _9\"></span>gnis<span class=\"_ _9\"></span>ed fro<span class=\"_ _9\"></span>m inves<span class=\"_ _9\"></span>tmen<span class=\"_ _9\"></span>t prop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y an<span class=\"_ _9\"></span>d rec<span class=\"_ _9\"></span>ogni<span class=\"_ _9\"></span>sed<span class=\"_ _335\"> </span>as a fi<span class=\"_ _2\"></span>nance lease receiva<span class=\"_ _2\"></span>ble<span class=\"_ _2\"></span>. The fi<span class=\"_ _2\"></span>nance lease receiva<span class=\"_ _2\"></span>ble is derecognised<span class=\"_ _2\"></span> in the<span class=\"_ _2\"></span> event<span class=\"_ _2\"></span> that the lease<span class=\"_ _2\"></span> is termi<span class=\"_ _11\"></span>na<span class=\"_ _9\"></span>ted<span class=\"_ _2\"></span>. Lease income i<span class=\"_ _2\"></span>s recognised<span class=\"_ _335\"> </span>over the p<span class=\"_ _9\"></span>erio<span class=\"_ _9\"></span>d of the l<span class=\"_ _9\"></span>ea<span class=\"_ _9\"></span>se, reflec<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>ng a con<span class=\"_ _9\"></span>stan<span class=\"_ _9\"></span>t rate of r<span class=\"_ _9\"></span>eturn. The diffe<span class=\"_ _9\"></span>renc<span class=\"_ _9\"></span>e be<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>wee<span class=\"_ _9\"></span>n the gros<span class=\"_ _9\"></span>s re<span class=\"_ _9\"></span>ceiva<span class=\"_ _9\"></span>ble an<span class=\"_ _9\"></span>d the pre<span class=\"_ _9\"></span>sen<span class=\"_ _9\"></span>t value of th<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span>rec<span class=\"_ _9\"></span>eivab<span class=\"_ _9\"></span>le is re<span class=\"_ _9\"></span>cog<span class=\"_ _9\"></span>nise<span class=\"_ _9\"></span>d as financ<span class=\"_ _9\"></span>e inco<span class=\"_ _9\"></span>me wi<span class=\"_ _9\"></span>thin reven<span class=\"_ _9\"></span>ue over th<span class=\"_ _9\"></span>e lea<span class=\"_ _9\"></span>se term.<span class=\"_ _335\"> </span><table class=\"s w220 he5\" id=\"_577a68bc-f1f7-4a29-a29f-ec8be3d900a7\"><tr><td></td><td class=\"t m0 x2ba h15 y3461 ff2 fsd fc2 sc0 ls3f wsbc\">2026 </td><td class=\"t m0 x247 h15 y3461 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24d h15 y3462 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3462 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"t m0 x297 h9 y3463 ff2 fs6 fc2 sc0 ls8e ws97\">Non-<span class=\"_ _9\"></span>curre<span class=\"_ _9\"></span>nt<span class=\"_ _335\"> </span></td><td></td><td></td></tr><tr><td class=\"c n x24f y3464 w221 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Finance leases \u2013<span class=\"_ _2\"></span> gross receiva<span class=\"_ _2\"></span>bles<span class=\"_ _335\"> </span></div></td><td class=\"c n x538 y3464 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">35<span class=\"_ _335\"> </span></div></td><td class=\"c n x539 y3464 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">35<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3465 w222 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls31 ws45\">Unguaranteed residual value<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c3 y3465 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c4 y3465 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3466 w223 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Unearned finance<span class=\"_ _11\"></span> income<span class=\"_ _335\"> </span></div></td><td class=\"c n xaca y3466 w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(17)<span class=\"_ _335\"> </span></div></td><td class=\"c n xacb y3466 w32 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(18)<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n x6c5 y3467 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">20<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c6 y3467 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">19<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y3468 w224 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls3c ws80\">Curren<span class=\"_ _9\"></span>t</div><div class=\"t m0 x9a0 h16 y32a3 ff2 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td></td><td></td></tr><tr><td class=\"c n x24f y3367 w221 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Finance leases \u2013<span class=\"_ _2\"></span> gross receiva<span class=\"_ _2\"></span>bles<span class=\"_ _335\"> </span></div></td><td class=\"c n x733 y3367 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xacc y3367 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3307 w223 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Unearned finance<span class=\"_ _11\"></span> income<span class=\"_ _335\"> </span></div></td><td class=\"c n xacd y3307 w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n x375 y3307 w87 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n xace y3309 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xacf y3309 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y330a w225 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Net investm<span class=\"_ _9\"></span>ent in finan<span class=\"_ _9\"></span>ce le<span class=\"_ _9\"></span>ases<span class=\"_ _335\"> </span></div></td><td class=\"c n xa0a y330a w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">21<span class=\"_ _335\"> </span></div></td><td class=\"c n x26a y330a w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">20<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x297 h9 y3469 ff2 fs6 fc2 sc0 ls8f ws42\">Gross rece<span class=\"_ _2\"></span>ivables<span class=\"_ _11\"></span> from financ<span class=\"_ _2\"></span>e leases due<span class=\"_ _11\"></span>:<span class=\"_ _335\"> </span></td><td></td><td></td></tr><tr><td class=\"c n x24f y335a w226 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">No later t<span class=\"_ _2\"></span>han one y<span class=\"_ _2\"></span>ear<span class=\"_ _335\"> </span></div></td><td class=\"c n x732 y335a w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xad0 y335a w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y335b w227 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">One to t<span class=\"_ _9\"></span>wo ye<span class=\"_ _9\"></span>ars<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c3 y335b w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c4 y335b w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32df w228 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">T<span class=\"_ _11\"></span>wo to thre<span class=\"_ _9\"></span>e year<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n x732 y32df w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xad0 y32df w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e0 w229 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Thre<span class=\"_ _9\"></span>e to four year<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n x733 y32e0 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xacc y32e0 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32c8 w22a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Four to five year<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xad1 y32c8 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xad2 y32c8 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32c9 w22b hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">More th<span class=\"_ _9\"></span>an five year<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xad3 y32c9 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td><td class=\"c n xad4 y32c9 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">29<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n x6c5 y32ca w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">37<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c6 y32ca w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">37<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w222 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls31 ws45\">Unguaranteed residual value<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c3 y32cb w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c4 y32cb w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w223 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Unearned finance<span class=\"_ _11\"></span> income<span class=\"_ _335\"> </span></div></td><td class=\"c n xaca y32cc w2b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(18)<span class=\"_ _335\"> </span></div></td><td class=\"c n xacb y32cc w32 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(19)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w225 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Net investm<span class=\"_ _9\"></span>ent in finan<span class=\"_ _9\"></span>ce le<span class=\"_ _9\"></span>ases<span class=\"_ _335\"> </span></div></td><td class=\"c n xa0a y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">21<span class=\"_ _335\"> </span></div></td><td class=\"c n x26a y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">20<span class=\"_ _335\"> </span></div></td></tr></table>1. <span class=\"_ _9\"></span>In<span class=\"_ _9\"></span>clu<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>d in O<span class=\"_ _9\"></span>th<span class=\"_ _9\"></span>er Re<span class=\"_ _9\"></span>ce<span class=\"_ _9\"></span>iva<span class=\"_ _9\"></span>bl<span class=\"_ _9\"></span>es in n<span class=\"_ _9\"></span>ot<span class=\"_ _9\"></span>e 26<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>The Group<span class=\"_ _2\"></span> has leased out sev<span class=\"_ _2\"></span>eral in<span class=\"_ _11\"></span>ves<span class=\"_ _9\"></span>tment properties under fina<span class=\"_ _2\"></span>nce leases, whi<span class=\"_ _2\"></span>ch range<span class=\"_ _2\"></span> from 25 t<span class=\"_ _11\"></span>o 125 y<span class=\"_ _2\"></span>ears in dur<span class=\"_ _2\"></span>ation from<span class=\"_ _11\"></span> the inception<span class=\"_ _335\"> </span>of the le<span class=\"_ _9\"></span>ase.<span class=\"_ _335\"> </span>40<span class=\"_ _119\"> </span><span class=\"fc4 lsd2 wsf3\">OPER<span class=\"_ _9\"></span>A<span class=\"_ _11\"></span>TING LEASE ARR<span class=\"_ _9\"></span>ANGE<span class=\"_ _9\"></span>MENTS<span class=\"_ _335\"> </span></span>A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>The Group<span class=\"_ _2\"></span> earns rent<span class=\"_ _2\"></span>al income<span class=\"_ _2\"></span> by leasing<span class=\"_ _11\"></span> i<span class=\"_ _9\"></span>ts proper<span class=\"_ _9\"></span>ties to<span class=\"_ _2\"></span> tenants u<span class=\"_ _2\"></span>nder non-cancel<span class=\"_ _2\"></span>lable operating<span class=\"_ _11\"></span> le<span class=\"_ _9\"></span>ases. Leases i<span class=\"_ _11\"></span>n which substantia<span class=\"_ _2\"></span>lly all<span class=\"_ _11\"></span> risks<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> and reward<span class=\"_ _9\"></span>s incid<span class=\"_ _9\"></span>ental to own<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>ship of inves<span class=\"_ _9\"></span>tm<span class=\"_ _9\"></span>ent pr<span class=\"_ _9\"></span>ope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s are re<span class=\"_ _9\"></span>taine<span class=\"_ _9\"></span>d by the Gro<span class=\"_ _9\"></span>up as the l<span class=\"_ _9\"></span>ess<span class=\"_ _9\"></span>or are c<span class=\"_ _9\"></span>las<span class=\"_ _9\"></span>sified as o<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>rating l<span class=\"_ _9\"></span>eas<span class=\"_ _9\"></span>es. Paymen<span class=\"_ _9\"></span>ts,<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> including<span class=\"_ _11\"></span> prep<span class=\"_ _9\"></span>ayments, received under<span class=\"_ _2\"></span> operating leases (<span class=\"_ _1\"></span>ne<span class=\"_ _9\"></span>t of an<span class=\"_ _11\"></span>y incentives paid<span class=\"_ _11\"></span>) are charged to<span class=\"_ _11\"></span> the income statement on a<span class=\"_ _2\"></span> straight<span class=\"_ _11\"></span>-line basis<span class=\"_ _335\"> </span> over the p<span class=\"_ _9\"></span>erio<span class=\"_ _9\"></span>d of the l<span class=\"_ _9\"></span>ea<span class=\"_ _9\"></span>se.<span class=\"_ _335\"> </span>At the balan<span class=\"_ _9\"></span>ce sh<span class=\"_ _9\"></span>ee<span class=\"_ _9\"></span>t date, the G<span class=\"_ _9\"></span>roup ha<span class=\"_ _9\"></span>d contra<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ted w<span class=\"_ _9\"></span>ith te<span class=\"_ _9\"></span>nant<span class=\"_ _9\"></span>s to rec<span class=\"_ _9\"></span>eive th<span class=\"_ _9\"></span>e follow<span class=\"_ _9\"></span>ing un<span class=\"_ _9\"></span>disco<span class=\"_ _9\"></span>unted f<span class=\"_ _9\"></span>uture mi<span class=\"_ _9\"></span>nimum le<span class=\"_ _9\"></span>ase p<span class=\"_ _9\"></span>ay<span class=\"_ _9\"></span>ment<span class=\"_ _9\"></span>s:<span class=\"_ _335\"> </span><table class=\"s w34a hff\" id=\"_27d1ffd9-ec6e-4142-ac21-570f6bf70662\"><tr><td></td><td class=\"t m0 x2ba h15 y359d ff2 fsd fc2 sc0 ls3f wsbc\">2026 </td><td class=\"t m0 x247 h15 y359d ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24d h15 y359e ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y359e ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32e0 w34b hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Not later tha<span class=\"_ _2\"></span>n one year<span class=\"_ _335\"> </span></div></td><td class=\"c n x72c y32e0 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">417<span class=\"_ _335\"> </span></div></td><td class=\"c n x60b y32e0 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">484<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e1 w34c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Later th<span class=\"_ _9\"></span>an one ye<span class=\"_ _9\"></span>ar<span class=\"_ _11\"></span>, bu<span class=\"_ _9\"></span>t not m<span class=\"_ _9\"></span>ore th<span class=\"_ _9\"></span>an t<span class=\"_ _9\"></span>wo year<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xec3 y32e1 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">369<span class=\"_ _335\"> </span></div></td><td class=\"c n xec4 y32e1 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">449<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32c9 w34d hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Later th<span class=\"_ _9\"></span>an t<span class=\"_ _9\"></span>wo year<span class=\"_ _9\"></span>s, but n<span class=\"_ _9\"></span>ot m<span class=\"_ _9\"></span>ore than th<span class=\"_ _9\"></span>ree ye<span class=\"_ _9\"></span>ars<span class=\"_ _335\"> </span></div></td><td class=\"c n xec5 y32c9 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">325<span class=\"_ _335\"> </span></div></td><td class=\"c n xec6 y32c9 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">414<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32ca w34e hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Later th<span class=\"_ _9\"></span>an thre<span class=\"_ _9\"></span>e year<span class=\"_ _9\"></span>s, but n<span class=\"_ _9\"></span>ot mo<span class=\"_ _9\"></span>re than fo<span class=\"_ _9\"></span>ur year<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n x72d y32ca w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">285<span class=\"_ _335\"> </span></div></td><td class=\"c n x72e y32ca w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">364<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w34f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Later th<span class=\"_ _9\"></span>an four ye<span class=\"_ _9\"></span>ars, bu<span class=\"_ _9\"></span>t no<span class=\"_ _9\"></span>t mor<span class=\"_ _9\"></span>e than five ye<span class=\"_ _9\"></span>ars<span class=\"_ _335\"> </span></div></td><td class=\"c n xec7 y32cb w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">237<span class=\"_ _335\"> </span></div></td><td class=\"c n xec8 y32cb w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">304<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w22b hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">More th<span class=\"_ _9\"></span>an five year<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xec9 y32cc w66 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,307<span class=\"_ _335\"> </span></div></td><td class=\"c n xeca y32cc w5e hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,763<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n xecb y32cd w66 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">2,940<span class=\"_ _335\"> </span></div></td><td class=\"c n xecc y32cd w5e hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">3,778<span class=\"_ _335\"> </span></div></td></tr></table>The total o<span class=\"_ _9\"></span>f contin<span class=\"_ _9\"></span>gen<span class=\"_ _9\"></span>t rent<span class=\"_ _9\"></span>s, primar<span class=\"_ _9\"></span>ily turn<span class=\"_ _9\"></span>over ba<span class=\"_ _9\"></span>sed r<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s, reco<span class=\"_ _9\"></span>gnis<span class=\"_ _9\"></span>ed as in<span class=\"_ _9\"></span>com<span class=\"_ _9\"></span>e during th<span class=\"_ _9\"></span>e year was <span class=\"ff2 ls36 ws77\">\u00a3<span class=\"_ _9\"></span>43m</span> (2025: \u00a32<span class=\"_ _9\"></span>5m<span class=\"_ _2\"></span>)<span class=\"_ _1\"></span>.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfLeasesExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-472": {
   "value": "A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Wher<span class=\"_ _9\"></span>e the Gr<span class=\"_ _9\"></span>oup\u2019<span class=\"_ _11\"></span>s le<span class=\"_ _9\"></span>ase<span class=\"_ _9\"></span>s trans<span class=\"_ _9\"></span>fe<span class=\"_ _9\"></span>r the signific<span class=\"_ _9\"></span>ant ris<span class=\"_ _9\"></span>ks and r<span class=\"_ _9\"></span>ewards inc<span class=\"_ _9\"></span>iden<span class=\"_ _9\"></span>tal to owne<span class=\"_ _9\"></span>rship o<span class=\"_ _9\"></span>f the und<span class=\"_ _9\"></span>erl<span class=\"_ _9\"></span>ying a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>t to the ten<span class=\"_ _9\"></span>ant, the le<span class=\"_ _9\"></span>ase i<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span>acco<span class=\"_ _9\"></span>unted fo<span class=\"_ _9\"></span>r as a finan<span class=\"_ _9\"></span>ce le<span class=\"_ _9\"></span>ase. At the out<span class=\"_ _9\"></span>set o<span class=\"_ _9\"></span>f the le<span class=\"_ _9\"></span>ase th<span class=\"_ _9\"></span>e fair valu<span class=\"_ _9\"></span>e of the as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>t is der<span class=\"_ _9\"></span>eco<span class=\"_ _9\"></span>gnis<span class=\"_ _9\"></span>ed fro<span class=\"_ _9\"></span>m inves<span class=\"_ _9\"></span>tmen<span class=\"_ _9\"></span>t prop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y an<span class=\"_ _9\"></span>d rec<span class=\"_ _9\"></span>ogni<span class=\"_ _9\"></span>sed<span class=\"_ _335\"> </span>as a fi<span class=\"_ _2\"></span>nance lease receiva<span class=\"_ _2\"></span>ble<span class=\"_ _2\"></span>. The fi<span class=\"_ _2\"></span>nance lease receiva<span class=\"_ _2\"></span>ble is derecognised<span class=\"_ _2\"></span> in the<span class=\"_ _2\"></span> event<span class=\"_ _2\"></span> that the lease<span class=\"_ _2\"></span> is termi<span class=\"_ _11\"></span>na<span class=\"_ _9\"></span>ted<span class=\"_ _2\"></span>. Lease income i<span class=\"_ _2\"></span>s recognised<span class=\"_ _335\"> </span>over the p<span class=\"_ _9\"></span>erio<span class=\"_ _9\"></span>d of the l<span class=\"_ _9\"></span>ea<span class=\"_ _9\"></span>se, reflec<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>ng a con<span class=\"_ _9\"></span>stan<span class=\"_ _9\"></span>t rate of r<span class=\"_ _9\"></span>eturn. The diffe<span class=\"_ _9\"></span>renc<span class=\"_ _9\"></span>e be<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>wee<span class=\"_ _9\"></span>n the gros<span class=\"_ _9\"></span>s re<span class=\"_ _9\"></span>ceiva<span class=\"_ _9\"></span>ble an<span class=\"_ _9\"></span>d the pre<span class=\"_ _9\"></span>sen<span class=\"_ _9\"></span>t value of th<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span>rec<span class=\"_ _9\"></span>eivab<span class=\"_ _9\"></span>le is re<span class=\"_ _9\"></span>cog<span class=\"_ _9\"></span>nise<span class=\"_ _9\"></span>d as financ<span class=\"_ _9\"></span>e inco<span class=\"_ _9\"></span>me wi<span class=\"_ _9\"></span>thin reven<span class=\"_ _9\"></span>ue over th<span class=\"_ _9\"></span>e lea<span class=\"_ _9\"></span>se term.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForInvestmentInAssociates",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-382": {
   "value": "<div class=\"t m0 ha2 ff1 fs7 fc0 sc0 ls72 ws78 gs302\">18<span class=\"_ _80\"> </span><span class=\"fc4 lsab ws199\">PROPE<span class=\"_ _9\"></span>RT<span class=\"_ _9\"></span>Y<span class=\"_ _1\"></span>, PL<span class=\"_ _9\"></span>ANT AN<span class=\"_ _9\"></span>D EQUI<span class=\"_ _9\"></span>PME<span class=\"_ _9\"></span>NT<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h4a ff1 fs1 fc0 sc0 ls1 ws1 gs303\">A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs304\">Propert<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>, plant and<span class=\"_ _2\"></span> equipment compr<span class=\"_ _2\"></span>ise owner<span class=\"_ _11\"></span>-occupied proper<span class=\"_ _9\"></span>ty<span class=\"_ _11\"></span>, improvements,<span class=\"_ _11\"></span> furniture,<span class=\"_ _11\"></span> fix<span class=\"_ _9\"></span>tures and fittings in<span class=\"_ _11\"></span> the Group\u2019<span class=\"_ _11\"></span>s offic<span class=\"_ _2\"></span>es.<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs305\">Owner-occupied pr<span class=\"_ _2\"></span>oper<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y arises f<span class=\"_ _2\"></span>rom the<span class=\"_ _2\"></span> Group\u2019<span class=\"_ _1\"></span>s acquisition of<span class=\"_ _2\"></span> MediaCity in the prior<span class=\"_ _11\"></span> year<span class=\"_ _11\"></span>, namely the studio<span class=\"_ _11\"></span> op<span class=\"_ _9\"></span>erations that<span class=\"_ _2\"></span> are conducted<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs306\">from pr<span class=\"_ _9\"></span>emis<span class=\"_ _9\"></span>es prev<span class=\"_ _9\"></span>iou<span class=\"_ _9\"></span>sly h<span class=\"_ _9\"></span>eld as inve<span class=\"_ _9\"></span>stm<span class=\"_ _9\"></span>ent p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>. This p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y i<span class=\"_ _9\"></span>s carrie<span class=\"_ _9\"></span>d at fa<span class=\"_ _9\"></span>ir value and i<span class=\"_ _9\"></span>s value<span class=\"_ _9\"></span>d in the sam<span class=\"_ _9\"></span>e mann<span class=\"_ _9\"></span>er as th<span class=\"_ _9\"></span>e Grou<span class=\"_ _9\"></span>p\u2019<span class=\"_ _11\"></span>s<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs307\">inves<span class=\"_ _9\"></span>tment p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>es. Refer to no<span class=\"_ _9\"></span>te 13 for more inf<span class=\"_ _9\"></span>orma<span class=\"_ _9\"></span>tion. Any revalua<span class=\"_ _9\"></span>tion sur<span class=\"_ _9\"></span>plus ar<span class=\"_ _9\"></span>ising o<span class=\"_ _9\"></span>n revaluing th<span class=\"_ _9\"></span>e own<span class=\"_ _9\"></span>er-occup<span class=\"_ _9\"></span>ied p<span class=\"_ _9\"></span>rope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y is<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs308\">reco<span class=\"_ _9\"></span>gnis<span class=\"_ _9\"></span>ed in o<span class=\"_ _9\"></span>ther c<span class=\"_ _9\"></span>ompr<span class=\"_ _9\"></span>ehe<span class=\"_ _9\"></span>nsive in<span class=\"_ _9\"></span>com<span class=\"_ _9\"></span>e and ac<span class=\"_ _9\"></span>cumula<span class=\"_ _9\"></span>ted in e<span class=\"_ _9\"></span>quit<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>. A<span class=\"_ _9\"></span>ny residu<span class=\"_ _9\"></span>al revalua<span class=\"_ _9\"></span>tion d<span class=\"_ _9\"></span>eficit<span class=\"_ _9\"></span>s af<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>r rever<span class=\"_ _9\"></span>sing pr<span class=\"_ _9\"></span>evio<span class=\"_ _9\"></span>us revalua<span class=\"_ _9\"></span>tion<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs309\">gains re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>gnise<span class=\"_ _9\"></span>d in eq<span class=\"_ _9\"></span>uit<span class=\"_ _9\"></span>y are re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>rded a<span class=\"_ _9\"></span>s a Capi<span class=\"_ _9\"></span>tal and o<span class=\"_ _9\"></span>ther i<span class=\"_ _9\"></span>tem on th<span class=\"_ _9\"></span>e incom<span class=\"_ _9\"></span>e s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs30a\">The remain<span class=\"_ _2\"></span>ing propert<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>, plant a<span class=\"_ _2\"></span>nd equipment<span class=\"_ _2\"></span> assets are stated at cost less accumu<span class=\"_ _2\"></span>lated depreciation a<span class=\"_ _2\"></span>nd are<span class=\"_ _2\"></span> depreciated to<span class=\"_ _2\"></span> their resid<span class=\"_ _2\"></span>ual<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs30b\">value on a s<span class=\"_ _9\"></span>trai<span class=\"_ _9\"></span>ght-line bas<span class=\"_ _9\"></span>is over the<span class=\"_ _9\"></span>ir es<span class=\"_ _9\"></span>tima<span class=\"_ _9\"></span>ted u<span class=\"_ _9\"></span>seful l<span class=\"_ _9\"></span>ives o<span class=\"_ _9\"></span>f be<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>wee<span class=\"_ _9\"></span>n t<span class=\"_ _9\"></span>wo and five ye<span class=\"_ _9\"></span>ars. </div><div class=\"gs30c\"><table class=\"s w22c he6\" id=\"_11d8cf2d-00cd-419b-a813-a9af72db2f2a\"><tr><td></td><td class=\"t m0 xad5 h15 y346a ff2 fsd fc2 sc0 ls41 ws7c\">Owner<span class=\"_ _11\"></span>-<span class=\"_ _335\"> </span></td><td class=\"t m0 x55a h15 y346a ff2 fsd fc2 sc0 ls78 ws7e\">Fur<span class=\"_ _2\"></span>niture </td><td></td></tr><tr><td></td><td class=\"t m0 x55c h15 y346b ff2 fsd fc2 sc0 ls1 ws1\">occupied </td><td class=\"t m0 x4f2 h15 y346b ff2 fsd fc2 sc0 ls78 ws7e\">and </td><td></td></tr><tr><td></td><td class=\"t m0 x55c h15 y346c ff2 fsd fc2 sc0 ls8c ws94\">property </td><td class=\"t m0 x55d h15 y346c ff2 fsd fc2 sc0 ls8d ws95\">fittin<span class=\"_ _9\"></span>gs<span class=\"_ _335\"> </span></td><td class=\"t m0 x33a h15 y346c ff2 fsd fc2 sc0 ls1 ws1\">T<span class=\"_ _11\"></span>otal </td></tr><tr><td></td><td class=\"t m0 x24c h15 y346d ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y346d ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y346d ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32df w7f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">At 1 April 20<span class=\"_ _11\"></span>24<span class=\"_ _335\"> </span></div></td><td class=\"c n x634 y32df w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xad6 y32df w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n x9ee y32df w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e0 w22d hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">T<span class=\"_ _11\"></span>ransfer from<span class=\"_ _2\"></span> inv<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>stment proper<span class=\"_ _9\"></span>ty (<span class=\"_ _11\"></span>note 13)<span class=\"_ _335\"> </span></div></td><td class=\"c n xad7 y32e0 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">26<span class=\"_ _335\"> </span></div></td><td class=\"c n x677 y32e0 w5c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xad8 y32e0 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">26<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32c8 w22e hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws48\">Rev<span class=\"_ _11\"></span>aluation<span class=\"_ _335\"> </span></div></td><td class=\"c n x3d5 y32c8 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">12<span class=\"_ _335\"> </span></div></td><td class=\"c n xad9 y32c8 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x652 y32c8 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">12<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32c9 wce hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws48\">Depreciation<span class=\"_ _335\"> </span></div></td><td class=\"c n xada y32c9 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xadb y32c9 w87 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(3)<span class=\"_ _335\"> </span></div></td><td class=\"c n xadc y32c9 w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(3)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32ca w8b hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">At 3<span class=\"_ _11\"></span>1 Marc<span class=\"_ _9\"></span>h 20<span class=\"_ _11\"></span>25<span class=\"_ _335\"> </span></div></td><td class=\"c n x3d5 y32ca w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">38<span class=\"_ _335\"> </span></div></td><td class=\"c n x732 y32ca w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n x328 y32ca w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">42<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w22f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls7e ws102\">Re<span class=\"_ _2\"></span>valuat<span class=\"_ _2\"></span>ion<span class=\"_ _335\"> </span></div></td><td class=\"c n x9d3 y32cb w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x2cc y32cb w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xadd y32cb w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w230 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls36 ws77\">Depr<span class=\"_ _9\"></span>eciation<span class=\"_ _335\"> </span></div></td><td class=\"c n xade y32cc w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xadf y32cc w8d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td><td class=\"c n xae0 y32cc w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w90 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">At 3<span class=\"_ _11\"></span>1 Mar<span class=\"_ _9\"></span>ch 20<span class=\"_ _2\"></span>26<span class=\"_ _335\"> </span></div></td><td class=\"c n x98a y32cd w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">40<span class=\"_ _335\"> </span></div></td><td class=\"c n x98b y32cd w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x98c y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">42</div></td></tr></table></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-410": {
   "value": "18<span class=\"_ _80\"> </span><span class=\"fc4 lsab ws199\">PROPE<span class=\"_ _9\"></span>RT<span class=\"_ _9\"></span>Y<span class=\"_ _1\"></span>, PL<span class=\"_ _9\"></span>ANT AN<span class=\"_ _9\"></span>D EQUI<span class=\"_ _9\"></span>PME<span class=\"_ _9\"></span>NT<span class=\"_ _335\"> </span></span>A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Propert<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>, plant and<span class=\"_ _2\"></span> equipment compr<span class=\"_ _2\"></span>ise owner<span class=\"_ _11\"></span>-occupied proper<span class=\"_ _9\"></span>ty<span class=\"_ _11\"></span>, improvements,<span class=\"_ _11\"></span> furniture,<span class=\"_ _11\"></span> fix<span class=\"_ _9\"></span>tures and fittings in<span class=\"_ _11\"></span> the Group\u2019<span class=\"_ _11\"></span>s offic<span class=\"_ _2\"></span>es.<span class=\"_ _335\"> </span>Owner-occupied pr<span class=\"_ _2\"></span>oper<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y arises f<span class=\"_ _2\"></span>rom the<span class=\"_ _2\"></span> Group\u2019<span class=\"_ _1\"></span>s acquisition of<span class=\"_ _2\"></span> MediaCity in the prior<span class=\"_ _11\"></span> year<span class=\"_ _11\"></span>, namely the studio<span class=\"_ _11\"></span> op<span class=\"_ _9\"></span>erations that<span class=\"_ _2\"></span> are conducted<span class=\"_ _335\"> </span>from pr<span class=\"_ _9\"></span>emis<span class=\"_ _9\"></span>es prev<span class=\"_ _9\"></span>iou<span class=\"_ _9\"></span>sly h<span class=\"_ _9\"></span>eld as inve<span class=\"_ _9\"></span>stm<span class=\"_ _9\"></span>ent p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>. This p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y i<span class=\"_ _9\"></span>s carrie<span class=\"_ _9\"></span>d at fa<span class=\"_ _9\"></span>ir value and i<span class=\"_ _9\"></span>s value<span class=\"_ _9\"></span>d in the sam<span class=\"_ _9\"></span>e mann<span class=\"_ _9\"></span>er as th<span class=\"_ _9\"></span>e Grou<span class=\"_ _9\"></span>p\u2019<span class=\"_ _11\"></span>s<span class=\"_ _335\"> </span>inves<span class=\"_ _9\"></span>tment p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>es. Refer to no<span class=\"_ _9\"></span>te 13 for more inf<span class=\"_ _9\"></span>orma<span class=\"_ _9\"></span>tion. Any revalua<span class=\"_ _9\"></span>tion sur<span class=\"_ _9\"></span>plus ar<span class=\"_ _9\"></span>ising o<span class=\"_ _9\"></span>n revaluing th<span class=\"_ _9\"></span>e own<span class=\"_ _9\"></span>er-occup<span class=\"_ _9\"></span>ied p<span class=\"_ _9\"></span>rope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y is<span class=\"_ _335\"> </span>reco<span class=\"_ _9\"></span>gnis<span class=\"_ _9\"></span>ed in o<span class=\"_ _9\"></span>ther c<span class=\"_ _9\"></span>ompr<span class=\"_ _9\"></span>ehe<span class=\"_ _9\"></span>nsive in<span class=\"_ _9\"></span>com<span class=\"_ _9\"></span>e and ac<span class=\"_ _9\"></span>cumula<span class=\"_ _9\"></span>ted in e<span class=\"_ _9\"></span>quit<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>. A<span class=\"_ _9\"></span>ny residu<span class=\"_ _9\"></span>al revalua<span class=\"_ _9\"></span>tion d<span class=\"_ _9\"></span>eficit<span class=\"_ _9\"></span>s af<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>r rever<span class=\"_ _9\"></span>sing pr<span class=\"_ _9\"></span>evio<span class=\"_ _9\"></span>us revalua<span class=\"_ _9\"></span>tion<span class=\"_ _335\"> </span>gains re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>gnise<span class=\"_ _9\"></span>d in eq<span class=\"_ _9\"></span>uit<span class=\"_ _9\"></span>y are re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>rded a<span class=\"_ _9\"></span>s a Capi<span class=\"_ _9\"></span>tal and o<span class=\"_ _9\"></span>ther i<span class=\"_ _9\"></span>tem on th<span class=\"_ _9\"></span>e incom<span class=\"_ _9\"></span>e s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent.<span class=\"_ _335\"> </span>The remain<span class=\"_ _2\"></span>ing propert<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>, plant a<span class=\"_ _2\"></span>nd equipment<span class=\"_ _2\"></span> assets are stated at cost less accumu<span class=\"_ _2\"></span>lated depreciation a<span class=\"_ _2\"></span>nd are<span class=\"_ _2\"></span> depreciated to<span class=\"_ _2\"></span> their resid<span class=\"_ _2\"></span>ual<span class=\"_ _335\"> </span>value on a s<span class=\"_ _9\"></span>trai<span class=\"_ _9\"></span>ght-line bas<span class=\"_ _9\"></span>is over the<span class=\"_ _9\"></span>ir es<span class=\"_ _9\"></span>tima<span class=\"_ _9\"></span>ted u<span class=\"_ _9\"></span>seful l<span class=\"_ _9\"></span>ives o<span class=\"_ _9\"></span>f be<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>wee<span class=\"_ _9\"></span>n t<span class=\"_ _9\"></span>wo and five ye<span class=\"_ _9\"></span>ars.<table class=\"s w22c he6\" id=\"_11d8cf2d-00cd-419b-a813-a9af72db2f2a\"><tr><td></td><td class=\"t m0 xad5 h15 y346a ff2 fsd fc2 sc0 ls41 ws7c\">Owner<span class=\"_ _11\"></span>-<span class=\"_ _335\"> </span></td><td class=\"t m0 x55a h15 y346a ff2 fsd fc2 sc0 ls78 ws7e\">Fur<span class=\"_ _2\"></span>niture </td><td></td></tr><tr><td></td><td class=\"t m0 x55c h15 y346b ff2 fsd fc2 sc0 ls1 ws1\">occupied </td><td class=\"t m0 x4f2 h15 y346b ff2 fsd fc2 sc0 ls78 ws7e\">and </td><td></td></tr><tr><td></td><td class=\"t m0 x55c h15 y346c ff2 fsd fc2 sc0 ls8c ws94\">property </td><td class=\"t m0 x55d h15 y346c ff2 fsd fc2 sc0 ls8d ws95\">fittin<span class=\"_ _9\"></span>gs<span class=\"_ _335\"> </span></td><td class=\"t m0 x33a h15 y346c ff2 fsd fc2 sc0 ls1 ws1\">T<span class=\"_ _11\"></span>otal </td></tr><tr><td></td><td class=\"t m0 x24c h15 y346d ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y346d ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y346d ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32df w7f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">At 1 April 20<span class=\"_ _11\"></span>24<span class=\"_ _335\"> </span></div></td><td class=\"c n x634 y32df w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xad6 y32df w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n x9ee y32df w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e0 w22d hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">T<span class=\"_ _11\"></span>ransfer from<span class=\"_ _2\"></span> inv<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>stment proper<span class=\"_ _9\"></span>ty (<span class=\"_ _11\"></span>note 13)<span class=\"_ _335\"> </span></div></td><td class=\"c n xad7 y32e0 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">26<span class=\"_ _335\"> </span></div></td><td class=\"c n x677 y32e0 w5c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xad8 y32e0 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">26<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32c8 w22e hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws48\">Rev<span class=\"_ _11\"></span>aluation<span class=\"_ _335\"> </span></div></td><td class=\"c n x3d5 y32c8 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">12<span class=\"_ _335\"> </span></div></td><td class=\"c n xad9 y32c8 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x652 y32c8 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">12<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32c9 wce hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws48\">Depreciation<span class=\"_ _335\"> </span></div></td><td class=\"c n xada y32c9 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xadb y32c9 w87 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(3)<span class=\"_ _335\"> </span></div></td><td class=\"c n xadc y32c9 w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(3)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32ca w8b hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">At 3<span class=\"_ _11\"></span>1 Marc<span class=\"_ _9\"></span>h 20<span class=\"_ _11\"></span>25<span class=\"_ _335\"> </span></div></td><td class=\"c n x3d5 y32ca w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">38<span class=\"_ _335\"> </span></div></td><td class=\"c n x732 y32ca w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n x328 y32ca w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">42<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w22f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls7e ws102\">Re<span class=\"_ _2\"></span>valuat<span class=\"_ _2\"></span>ion<span class=\"_ _335\"> </span></div></td><td class=\"c n x9d3 y32cb w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x2cc y32cb w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xadd y32cb w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w230 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls36 ws77\">Depr<span class=\"_ _9\"></span>eciation<span class=\"_ _335\"> </span></div></td><td class=\"c n xade y32cc w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xadf y32cc w8d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td><td class=\"c n xae0 y32cc w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w90 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">At 3<span class=\"_ _11\"></span>1 Mar<span class=\"_ _9\"></span>ch 20<span class=\"_ _2\"></span>26<span class=\"_ _335\"> </span></div></td><td class=\"c n x98a y32cd w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">40<span class=\"_ _335\"> </span></div></td><td class=\"c n x98b y32cd w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x98c y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">42</div></td></tr></table>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfDepreciationAndAmortisationExpenseExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-473": {
   "value": "A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Propert<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>, plant and<span class=\"_ _2\"></span> equipment compr<span class=\"_ _2\"></span>ise owner<span class=\"_ _11\"></span>-occupied proper<span class=\"_ _9\"></span>ty<span class=\"_ _11\"></span>, improvements,<span class=\"_ _11\"></span> furniture,<span class=\"_ _11\"></span> fix<span class=\"_ _9\"></span>tures and fittings in<span class=\"_ _11\"></span> the Group\u2019<span class=\"_ _11\"></span>s offic<span class=\"_ _2\"></span>es.<span class=\"_ _335\"> </span>Owner-occupied pr<span class=\"_ _2\"></span>oper<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y arises f<span class=\"_ _2\"></span>rom the<span class=\"_ _2\"></span> Group\u2019<span class=\"_ _1\"></span>s acquisition of<span class=\"_ _2\"></span> MediaCity in the prior<span class=\"_ _11\"></span> year<span class=\"_ _11\"></span>, namely the studio<span class=\"_ _11\"></span> op<span class=\"_ _9\"></span>erations that<span class=\"_ _2\"></span> are conducted<span class=\"_ _335\"> </span>from pr<span class=\"_ _9\"></span>emis<span class=\"_ _9\"></span>es prev<span class=\"_ _9\"></span>iou<span class=\"_ _9\"></span>sly h<span class=\"_ _9\"></span>eld as inve<span class=\"_ _9\"></span>stm<span class=\"_ _9\"></span>ent p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>. This p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y i<span class=\"_ _9\"></span>s carrie<span class=\"_ _9\"></span>d at fa<span class=\"_ _9\"></span>ir value and i<span class=\"_ _9\"></span>s value<span class=\"_ _9\"></span>d in the sam<span class=\"_ _9\"></span>e mann<span class=\"_ _9\"></span>er as th<span class=\"_ _9\"></span>e Grou<span class=\"_ _9\"></span>p\u2019<span class=\"_ _11\"></span>s<span class=\"_ _335\"> </span>inves<span class=\"_ _9\"></span>tment p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>es. Refer to no<span class=\"_ _9\"></span>te 13 for more inf<span class=\"_ _9\"></span>orma<span class=\"_ _9\"></span>tion. Any revalua<span class=\"_ _9\"></span>tion sur<span class=\"_ _9\"></span>plus ar<span class=\"_ _9\"></span>ising o<span class=\"_ _9\"></span>n revaluing th<span class=\"_ _9\"></span>e own<span class=\"_ _9\"></span>er-occup<span class=\"_ _9\"></span>ied p<span class=\"_ _9\"></span>rope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y is<span class=\"_ _335\"> </span>reco<span class=\"_ _9\"></span>gnis<span class=\"_ _9\"></span>ed in o<span class=\"_ _9\"></span>ther c<span class=\"_ _9\"></span>ompr<span class=\"_ _9\"></span>ehe<span class=\"_ _9\"></span>nsive in<span class=\"_ _9\"></span>com<span class=\"_ _9\"></span>e and ac<span class=\"_ _9\"></span>cumula<span class=\"_ _9\"></span>ted in e<span class=\"_ _9\"></span>quit<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>. A<span class=\"_ _9\"></span>ny residu<span class=\"_ _9\"></span>al revalua<span class=\"_ _9\"></span>tion d<span class=\"_ _9\"></span>eficit<span class=\"_ _9\"></span>s af<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>r rever<span class=\"_ _9\"></span>sing pr<span class=\"_ _9\"></span>evio<span class=\"_ _9\"></span>us revalua<span class=\"_ _9\"></span>tion<span class=\"_ _335\"> </span>gains re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>gnise<span class=\"_ _9\"></span>d in eq<span class=\"_ _9\"></span>uit<span class=\"_ _9\"></span>y are re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>rded a<span class=\"_ _9\"></span>s a Capi<span class=\"_ _9\"></span>tal and o<span class=\"_ _9\"></span>ther i<span class=\"_ _9\"></span>tem on th<span class=\"_ _9\"></span>e incom<span class=\"_ _9\"></span>e s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent.<span class=\"_ _335\"> </span>The remain<span class=\"_ _2\"></span>ing propert<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>, plant a<span class=\"_ _2\"></span>nd equipment<span class=\"_ _2\"></span> assets are stated at cost less accumu<span class=\"_ _2\"></span>lated depreciation a<span class=\"_ _2\"></span>nd are<span class=\"_ _2\"></span> depreciated to<span class=\"_ _2\"></span> their resid<span class=\"_ _2\"></span>ual<span class=\"_ _335\"> </span>value on a s<span class=\"_ _9\"></span>trai<span class=\"_ _9\"></span>ght-line bas<span class=\"_ _9\"></span>is over the<span class=\"_ _9\"></span>ir es<span class=\"_ _9\"></span>tima<span class=\"_ _9\"></span>ted u<span class=\"_ _9\"></span>seful l<span class=\"_ _9\"></span>ives o<span class=\"_ _9\"></span>f be<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>wee<span class=\"_ _9\"></span>n t<span class=\"_ _9\"></span>wo and five ye<span class=\"_ _9\"></span>ars.",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForDepreciationExpenseExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-454": {
   "value": "Propert<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>, plant and<span class=\"_ _2\"></span> equipment compr<span class=\"_ _2\"></span>ise owner<span class=\"_ _11\"></span>-occupied proper<span class=\"_ _9\"></span>ty<span class=\"_ _11\"></span>, improvements,<span class=\"_ _11\"></span> furniture,<span class=\"_ _11\"></span> fix<span class=\"_ _9\"></span>tures and fittings in<span class=\"_ _11\"></span> the Group\u2019<span class=\"_ _11\"></span>s offic<span class=\"_ _2\"></span>es.<span class=\"_ _335\"> </span>Owner-occupied pr<span class=\"_ _2\"></span>oper<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y arises f<span class=\"_ _2\"></span>rom the<span class=\"_ _2\"></span> Group\u2019<span class=\"_ _1\"></span>s acquisition of<span class=\"_ _2\"></span> MediaCity in the prior<span class=\"_ _11\"></span> year<span class=\"_ _11\"></span>, namely the studio<span class=\"_ _11\"></span> op<span class=\"_ _9\"></span>erations that<span class=\"_ _2\"></span> are conducted<span class=\"_ _335\"> </span>from pr<span class=\"_ _9\"></span>emis<span class=\"_ _9\"></span>es prev<span class=\"_ _9\"></span>iou<span class=\"_ _9\"></span>sly h<span class=\"_ _9\"></span>eld as inve<span class=\"_ _9\"></span>stm<span class=\"_ _9\"></span>ent p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>. This p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y i<span class=\"_ _9\"></span>s carrie<span class=\"_ _9\"></span>d at fa<span class=\"_ _9\"></span>ir value and i<span class=\"_ _9\"></span>s value<span class=\"_ _9\"></span>d in the sam<span class=\"_ _9\"></span>e mann<span class=\"_ _9\"></span>er as th<span class=\"_ _9\"></span>e Grou<span class=\"_ _9\"></span>p\u2019<span class=\"_ _11\"></span>s<span class=\"_ _335\"> </span>inves<span class=\"_ _9\"></span>tment p<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>es. Refer to no<span class=\"_ _9\"></span>te 13 for more inf<span class=\"_ _9\"></span>orma<span class=\"_ _9\"></span>tion. Any revalua<span class=\"_ _9\"></span>tion sur<span class=\"_ _9\"></span>plus ar<span class=\"_ _9\"></span>ising o<span class=\"_ _9\"></span>n revaluing th<span class=\"_ _9\"></span>e own<span class=\"_ _9\"></span>er-occup<span class=\"_ _9\"></span>ied p<span class=\"_ _9\"></span>rope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y is<span class=\"_ _335\"> </span>reco<span class=\"_ _9\"></span>gnis<span class=\"_ _9\"></span>ed in o<span class=\"_ _9\"></span>ther c<span class=\"_ _9\"></span>ompr<span class=\"_ _9\"></span>ehe<span class=\"_ _9\"></span>nsive in<span class=\"_ _9\"></span>com<span class=\"_ _9\"></span>e and ac<span class=\"_ _9\"></span>cumula<span class=\"_ _9\"></span>ted in e<span class=\"_ _9\"></span>quit<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>. A<span class=\"_ _9\"></span>ny residu<span class=\"_ _9\"></span>al revalua<span class=\"_ _9\"></span>tion d<span class=\"_ _9\"></span>eficit<span class=\"_ _9\"></span>s af<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>r rever<span class=\"_ _9\"></span>sing pr<span class=\"_ _9\"></span>evio<span class=\"_ _9\"></span>us revalua<span class=\"_ _9\"></span>tion<span class=\"_ _335\"> </span>gains re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>gnise<span class=\"_ _9\"></span>d in eq<span class=\"_ _9\"></span>uit<span class=\"_ _9\"></span>y are re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>rded a<span class=\"_ _9\"></span>s a Capi<span class=\"_ _9\"></span>tal and o<span class=\"_ _9\"></span>ther i<span class=\"_ _9\"></span>tem on th<span class=\"_ _9\"></span>e incom<span class=\"_ _9\"></span>e s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent.<span class=\"_ _335\"> </span>The remain<span class=\"_ _2\"></span>ing propert<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>, plant a<span class=\"_ _2\"></span>nd equipment<span class=\"_ _2\"></span> assets are stated at cost less accumu<span class=\"_ _2\"></span>lated depreciation a<span class=\"_ _2\"></span>nd are<span class=\"_ _2\"></span> depreciated to<span class=\"_ _2\"></span> their resid<span class=\"_ _2\"></span>ual<span class=\"_ _335\"> </span>value on a s<span class=\"_ _9\"></span>trai<span class=\"_ _9\"></span>ght-line bas<span class=\"_ _9\"></span>is over the<span class=\"_ _9\"></span>ir es<span class=\"_ _9\"></span>tima<span class=\"_ _9\"></span>ted u<span class=\"_ _9\"></span>seful l<span class=\"_ _9\"></span>ives o<span class=\"_ _9\"></span>f be<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>wee<span class=\"_ _9\"></span>n t<span class=\"_ _9\"></span>wo and five ye<span class=\"_ _9\"></span>ars.",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-383": {
   "value": "19<span class=\"_ _118\"> </span><span class=\"fc4 ls68 wsc5\">INT<span class=\"_ _1\"></span>ANGIBLE ASSETS<span class=\"_ _335\"> </span></span>A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Inta<span class=\"_ _2\"></span>ngible assets comprise goodwill<span class=\"_ _2\"></span> and other i<span class=\"_ _2\"></span>ntangi<span class=\"_ _11\"></span>b<span class=\"_ _9\"></span>le assets arising<span class=\"_ _2\"></span> on business combi<span class=\"_ _2\"></span>nations and<span class=\"_ _2\"></span> soft<span class=\"_ _9\"></span>ware used int<span class=\"_ _11\"></span>ernally within the<span class=\"_ _335\"> </span> busin<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>s. Intangible as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ts ar<span class=\"_ _9\"></span>ising o<span class=\"_ _9\"></span>n busin<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>s comb<span class=\"_ _9\"></span>inati<span class=\"_ _9\"></span>ons are ini<span class=\"_ _9\"></span>tiall<span class=\"_ _9\"></span>y rec<span class=\"_ _9\"></span>ognis<span class=\"_ _9\"></span>ed a<span class=\"_ _9\"></span>t fair value. Go<span class=\"_ _9\"></span>od<span class=\"_ _9\"></span>will is n<span class=\"_ _9\"></span>ot am<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>tis<span class=\"_ _9\"></span>ed b<span class=\"_ _9\"></span>ut is te<span class=\"_ _9\"></span>ste<span class=\"_ _9\"></span>d at l<span class=\"_ _9\"></span>eas<span class=\"_ _9\"></span>t<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> annual<span class=\"_ _2\"></span>ly for impai<span class=\"_ _11\"></span>rment. Other inta<span class=\"_ _2\"></span>ngible assets aris<span class=\"_ _2\"></span>ing on bus<span class=\"_ _2\"></span>iness combinations<span class=\"_ _2\"></span> are amortised to t<span class=\"_ _2\"></span>he income statement<span class=\"_ _2\"></span> over<span class=\"_ _2\"></span> their expected<span class=\"_ _335\"> </span> usef<span class=\"_ _9\"></span>ul live<span class=\"_ _9\"></span>s. Sof<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>ware as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ts ar<span class=\"_ _9\"></span>e sta<span class=\"_ _9\"></span>ted a<span class=\"_ _9\"></span>t cos<span class=\"_ _9\"></span>t le<span class=\"_ _9\"></span>ss ac<span class=\"_ _9\"></span>cumul<span class=\"_ _9\"></span>ated am<span class=\"_ _9\"></span>or<span class=\"_ _a\"></span>tisatio<span class=\"_ _9\"></span>n and are am<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>tis<span class=\"_ _9\"></span>ed o<span class=\"_ _9\"></span>n a str<span class=\"_ _9\"></span>aight-line ba<span class=\"_ _9\"></span>sis over th<span class=\"_ _9\"></span>eir es<span class=\"_ _9\"></span>tim<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>d<span class=\"_ _335\"> </span> usef<span class=\"_ _9\"></span>ul eco<span class=\"_ _9\"></span>nomi<span class=\"_ _9\"></span>c live<span class=\"_ _9\"></span>s, norm<span class=\"_ _9\"></span>ally thre<span class=\"_ _9\"></span>e to five yea<span class=\"_ _9\"></span>rs.<span class=\"_ _335\"> </span><table class=\"s w4d he7\" id=\"_0292305e-8a7e-4744-8045-40a6ce54e43e\"><tr><td></td><td></td><td></td><td class=\"t m0 x873 h15 y346e ff2 fsd fc2 sc0 ls41 ws7c\">Other</td><td></td></tr><tr><td></td><td></td><td></td><td class=\"t m0 x339 h15 y346f ff2 fsd fc2 sc0 ls41 ws36\"> inta<span class=\"_ _2\"></span>ngible <span class=\"ls1 ws1\"> </span></td><td></td></tr><tr><td></td><td class=\"t m0 x338 h15 y3470 ff2 fsd fc2 sc0 ls114 ws170\">Goodwill<span class=\"_ _2\"></span> </td><td class=\"t m0 xae1 h15 y3470 ff2 fsd fc2 sc0 ls1 ws1\">Software </td><td class=\"t m0 x246 h15 y3470 ff2 fsd fc2 sc0 ls1 ws1\">asset<span class=\"_ _335\"> </span></td><td class=\"t m0 x33a h15 y3470 ff2 fsd fc2 sc0 ls1 ws1\">T<span class=\"_ _11\"></span>otal </td></tr><tr><td></td><td class=\"t m0 x24b h15 y3471 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y3471 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y3471 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3471 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y335b w7f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">At 1 April 20<span class=\"_ _11\"></span>24<span class=\"_ _335\"> </span></div></td><td class=\"c n xae2 y335b w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x356 y335b w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x733 y335b w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xacc y335b w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32df w231 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls37 ws50\">Additions<span class=\"_ _335\"> </span></div></td><td class=\"c n x765 y32df w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td><td class=\"c n x973 y32df w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x3e7 y32df w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xae3 y32df w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">23<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e0 w232 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws48\">Amor<span class=\"_ _9\"></span>tisation<span class=\"_ _335\"> </span></div></td><td class=\"c n x364 y32e0 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x305 y32e0 w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n xae4 y32e0 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xae5 y32e0 w87 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e1 w22e hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls31 ws10c\">Impairment<span class=\"_ _335\"> </span></div></td><td class=\"c n xae6 y32e1 w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(22)<span class=\"_ _335\"> </span></div></td><td class=\"c n xae7 y32e1 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xae8 y32e1 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xae9 y32e1 w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(22)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e2 w8b hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">At 3<span class=\"_ _11\"></span>1 Marc<span class=\"_ _9\"></span>h 20<span class=\"_ _11\"></span>25<span class=\"_ _335\"> </span></div></td><td class=\"c n xa7b y32e2 w5c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xaea y32e2 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x732 y32e2 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xad0 y32e2 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32ca w233 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls29 ws48\">Addit<span class=\"_ _11\"></span>ions<span class=\"_ _335\"> </span></div></td><td class=\"c n xaeb y32ca w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xaec y32ca w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5a5 y32ca w37 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xaed y32ca w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w234 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls29 ws48\">Amortisati<span class=\"_ _2\"></span>on<span class=\"_ _335\"> </span></div></td><td class=\"c n x4ff y32cb w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x500 y32cb w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xaee y32cb w37 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xaef y32cb w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w235 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls37 ws50\">Impairment<span class=\"_ _335\"> </span></div></td><td class=\"c n x4ff y32cc w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x500 y32cc w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xaee y32cc w37 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xaef y32cc w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w90 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">At 3<span class=\"_ _11\"></span>1 Mar<span class=\"_ _9\"></span>ch 20<span class=\"_ _2\"></span>26<span class=\"_ _335\"> </span></div></td><td class=\"c n x3ec y32cd w37 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xaea y32cd w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x732 y32cd w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xad0 y32cd w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td></tr></table>The o<span class=\"_ _9\"></span>ther intan<span class=\"_ _9\"></span>gible a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>t rel<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>s to the Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s ac<span class=\"_ _9\"></span>quisi<span class=\"_ _9\"></span>tion of i<span class=\"_ _9\"></span>ts inte<span class=\"_ _9\"></span>res<span class=\"_ _9\"></span>t in B<span class=\"_ _9\"></span>luewa<span class=\"_ _9\"></span>ter<span class=\"_ _11\"></span>, Kent in 2014 and re<span class=\"_ _9\"></span>pres<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s the e<span class=\"_ _9\"></span>sti<span class=\"_ _9\"></span>mate<span class=\"_ _9\"></span>d fair valu<span class=\"_ _9\"></span>e of the ma<span class=\"_ _9\"></span>nage<span class=\"_ _9\"></span>men<span class=\"_ _9\"></span>t right<span class=\"_ _9\"></span>s for th<span class=\"_ _9\"></span>e centr<span class=\"_ _9\"></span>e. The fair value at t<span class=\"_ _9\"></span>he da<span class=\"_ _9\"></span>te of acq<span class=\"_ _9\"></span>uisiti<span class=\"_ _9\"></span>on was \u00a3<span class=\"_ _9\"></span>30m an<span class=\"_ _9\"></span>d the as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>t is be<span class=\"_ _9\"></span>ing amo<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tis<span class=\"_ _9\"></span>ed over a p<span class=\"_ _9\"></span>eri<span class=\"_ _9\"></span>od of<span class=\"_ _9\"></span> 20 year<span class=\"_ _9\"></span>s. On reco<span class=\"_ _9\"></span>gniti<span class=\"_ _9\"></span>on of th<span class=\"_ _9\"></span>e othe<span class=\"_ _9\"></span>r intangib<span class=\"_ _9\"></span>le as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>t, the Grou<span class=\"_ _9\"></span>p reco<span class=\"_ _9\"></span>gnis<span class=\"_ _9\"></span>ed a de<span class=\"_ _9\"></span>ferr<span class=\"_ _9\"></span>ed tax li<span class=\"_ _9\"></span>abili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y of \u00a36m, and co<span class=\"_ _9\"></span>rres<span class=\"_ _9\"></span>pon<span class=\"_ _9\"></span>ding go<span class=\"_ _9\"></span>od<span class=\"_ _9\"></span>will o<span class=\"_ _9\"></span>f the<span class=\"_ _9\"></span> same am<span class=\"_ _9\"></span>ount. The d<span class=\"_ _9\"></span>eferr<span class=\"_ _9\"></span>ed tax li<span class=\"_ _9\"></span>abili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y is be<span class=\"_ _9\"></span>ing rel<span class=\"_ _9\"></span>eas<span class=\"_ _9\"></span>ed to the i<span class=\"_ _9\"></span>ncom<span class=\"_ _9\"></span>e s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent as th<span class=\"_ _9\"></span>e oth<span class=\"_ _9\"></span>er intangi<span class=\"_ _9\"></span>ble as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>t is amo<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tis<span class=\"_ _9\"></span>ed or im<span class=\"_ _9\"></span>paire<span class=\"_ _9\"></span>d, and the corresponding<span class=\"_ _11\"></span> element of the goodwill is t<span class=\"_ _2\"></span>ested for impairment<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>In the year e<span class=\"_ _9\"></span>nde<span class=\"_ _9\"></span>d 31 March 2026<span class=\"_ _11\"></span>, th<span class=\"_ _9\"></span>e oth<span class=\"_ _9\"></span>er intangi<span class=\"_ _9\"></span>ble as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>t has b<span class=\"_ _9\"></span>een i<span class=\"_ _9\"></span>mpair<span class=\"_ _9\"></span>ed by <span class=\"ff2 ls1f ws1d\">\u00a3nil</span> (<span class=\"_ _9\"></span>2025: \u00a3nil)<span class=\"_ _1\"></span>. The re<span class=\"_ _9\"></span>coverab<span class=\"_ _9\"></span>le am<span class=\"_ _9\"></span>ount of th<span class=\"_ _9\"></span>e oth<span class=\"_ _9\"></span>er intangib<span class=\"_ _9\"></span>le as<span class=\"_ _9\"></span>set h<span class=\"_ _9\"></span>as be<span class=\"_ _9\"></span>en b<span class=\"_ _9\"></span>ase<span class=\"_ _9\"></span>d on it<span class=\"_ _9\"></span>s fair valu<span class=\"_ _9\"></span>e les<span class=\"_ _9\"></span>s cos<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s of dis<span class=\"_ _9\"></span>pos<span class=\"_ _9\"></span>al appl<span class=\"_ _9\"></span>ying di<span class=\"_ _9\"></span>sco<span class=\"_ _9\"></span>unted ca<span class=\"_ _9\"></span>sh flow pr<span class=\"_ _9\"></span>ojec<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>ons, usin<span class=\"_ _9\"></span>g a disc<span class=\"_ _9\"></span>ount ra<span class=\"_ _9\"></span>te of <span class=\"ff2 ls89 ws8c\">8.<span class=\"_ _9\"></span>3%<span class=\"_ _9\"></span></span><span class=\"ls1\"> </span>with c<span class=\"_ _9\"></span>ash flow<span class=\"_ _9\"></span>s proje<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ted ove<span class=\"_ _9\"></span>r a per<span class=\"_ _9\"></span>iod of <span class=\"ff2 lsa3 ws102\">8<span class=\"_ _9\"></span> ye<span class=\"_ _9\"></span>ars<span class=\"_ _9\"></span></span> and a grow<span class=\"_ _a\"></span>th rate app<span class=\"_ _9\"></span>lie<span class=\"_ _9\"></span>d of <span class=\"ff2 ls11d ws152\">5.<span class=\"_ _9\"></span>5%</span><span class=\"ls1\">.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfIntangibleAssetsAndGoodwillExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-411": {
   "value": "19<span class=\"_ _118\"> </span><span class=\"fc4 ls68 wsc5\">INT<span class=\"_ _1\"></span>ANGIBLE ASSETS<span class=\"_ _335\"> </span></span>A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Inta<span class=\"_ _2\"></span>ngible assets comprise goodwill<span class=\"_ _2\"></span> and other i<span class=\"_ _2\"></span>ntangi<span class=\"_ _11\"></span>b<span class=\"_ _9\"></span>le assets arising<span class=\"_ _2\"></span> on business combi<span class=\"_ _2\"></span>nations and<span class=\"_ _2\"></span> soft<span class=\"_ _9\"></span>ware used int<span class=\"_ _11\"></span>ernally within the<span class=\"_ _335\"> </span> busin<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>s. Intangible as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ts ar<span class=\"_ _9\"></span>ising o<span class=\"_ _9\"></span>n busin<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>s comb<span class=\"_ _9\"></span>inati<span class=\"_ _9\"></span>ons are ini<span class=\"_ _9\"></span>tiall<span class=\"_ _9\"></span>y rec<span class=\"_ _9\"></span>ognis<span class=\"_ _9\"></span>ed a<span class=\"_ _9\"></span>t fair value. Go<span class=\"_ _9\"></span>od<span class=\"_ _9\"></span>will is n<span class=\"_ _9\"></span>ot am<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>tis<span class=\"_ _9\"></span>ed b<span class=\"_ _9\"></span>ut is te<span class=\"_ _9\"></span>ste<span class=\"_ _9\"></span>d at l<span class=\"_ _9\"></span>eas<span class=\"_ _9\"></span>t<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> annual<span class=\"_ _2\"></span>ly for impai<span class=\"_ _11\"></span>rment. Other inta<span class=\"_ _2\"></span>ngible assets aris<span class=\"_ _2\"></span>ing on bus<span class=\"_ _2\"></span>iness combinations<span class=\"_ _2\"></span> are amortised to t<span class=\"_ _2\"></span>he income statement<span class=\"_ _2\"></span> over<span class=\"_ _2\"></span> their expected<span class=\"_ _335\"> </span> usef<span class=\"_ _9\"></span>ul live<span class=\"_ _9\"></span>s. Sof<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>ware as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ts ar<span class=\"_ _9\"></span>e sta<span class=\"_ _9\"></span>ted a<span class=\"_ _9\"></span>t cos<span class=\"_ _9\"></span>t le<span class=\"_ _9\"></span>ss ac<span class=\"_ _9\"></span>cumul<span class=\"_ _9\"></span>ated am<span class=\"_ _9\"></span>or<span class=\"_ _a\"></span>tisatio<span class=\"_ _9\"></span>n and are am<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>tis<span class=\"_ _9\"></span>ed o<span class=\"_ _9\"></span>n a str<span class=\"_ _9\"></span>aight-line ba<span class=\"_ _9\"></span>sis over th<span class=\"_ _9\"></span>eir es<span class=\"_ _9\"></span>tim<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>d<span class=\"_ _335\"> </span> usef<span class=\"_ _9\"></span>ul eco<span class=\"_ _9\"></span>nomi<span class=\"_ _9\"></span>c live<span class=\"_ _9\"></span>s, norm<span class=\"_ _9\"></span>ally thre<span class=\"_ _9\"></span>e to five yea<span class=\"_ _9\"></span>rs.<span class=\"_ _335\"> </span><table class=\"s w4d he7\" id=\"_0292305e-8a7e-4744-8045-40a6ce54e43e\"><tr><td></td><td></td><td></td><td class=\"t m0 x873 h15 y346e ff2 fsd fc2 sc0 ls41 ws7c\">Other</td><td></td></tr><tr><td></td><td></td><td></td><td class=\"t m0 x339 h15 y346f ff2 fsd fc2 sc0 ls41 ws36\"> inta<span class=\"_ _2\"></span>ngible <span class=\"ls1 ws1\"> </span></td><td></td></tr><tr><td></td><td class=\"t m0 x338 h15 y3470 ff2 fsd fc2 sc0 ls114 ws170\">Goodwill<span class=\"_ _2\"></span> </td><td class=\"t m0 xae1 h15 y3470 ff2 fsd fc2 sc0 ls1 ws1\">Software </td><td class=\"t m0 x246 h15 y3470 ff2 fsd fc2 sc0 ls1 ws1\">asset<span class=\"_ _335\"> </span></td><td class=\"t m0 x33a h15 y3470 ff2 fsd fc2 sc0 ls1 ws1\">T<span class=\"_ _11\"></span>otal </td></tr><tr><td></td><td class=\"t m0 x24b h15 y3471 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y3471 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y3471 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3471 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y335b w7f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">At 1 April 20<span class=\"_ _11\"></span>24<span class=\"_ _335\"> </span></div></td><td class=\"c n xae2 y335b w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x356 y335b w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x733 y335b w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xacc y335b w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32df w231 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls37 ws50\">Additions<span class=\"_ _335\"> </span></div></td><td class=\"c n x765 y32df w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td><td class=\"c n x973 y32df w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x3e7 y32df w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xae3 y32df w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">23<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e0 w232 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws48\">Amor<span class=\"_ _9\"></span>tisation<span class=\"_ _335\"> </span></div></td><td class=\"c n x364 y32e0 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x305 y32e0 w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n xae4 y32e0 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xae5 y32e0 w87 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e1 w22e hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls31 ws10c\">Impairment<span class=\"_ _335\"> </span></div></td><td class=\"c n xae6 y32e1 w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(22)<span class=\"_ _335\"> </span></div></td><td class=\"c n xae7 y32e1 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xae8 y32e1 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xae9 y32e1 w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(22)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e2 w8b hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">At 3<span class=\"_ _11\"></span>1 Marc<span class=\"_ _9\"></span>h 20<span class=\"_ _11\"></span>25<span class=\"_ _335\"> </span></div></td><td class=\"c n xa7b y32e2 w5c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xaea y32e2 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x732 y32e2 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xad0 y32e2 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32ca w233 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls29 ws48\">Addit<span class=\"_ _11\"></span>ions<span class=\"_ _335\"> </span></div></td><td class=\"c n xaeb y32ca w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xaec y32ca w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5a5 y32ca w37 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xaed y32ca w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w234 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls29 ws48\">Amortisati<span class=\"_ _2\"></span>on<span class=\"_ _335\"> </span></div></td><td class=\"c n x4ff y32cb w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x500 y32cb w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xaee y32cb w37 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xaef y32cb w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w235 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls37 ws50\">Impairment<span class=\"_ _335\"> </span></div></td><td class=\"c n x4ff y32cc w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x500 y32cc w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xaee y32cc w37 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xaef y32cc w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w90 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">At 3<span class=\"_ _11\"></span>1 Mar<span class=\"_ _9\"></span>ch 20<span class=\"_ _2\"></span>26<span class=\"_ _335\"> </span></div></td><td class=\"c n x3ec y32cd w37 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xaea y32cd w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x732 y32cd w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xad0 y32cd w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td></tr></table>The o<span class=\"_ _9\"></span>ther intan<span class=\"_ _9\"></span>gible a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>t rel<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>s to the Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s ac<span class=\"_ _9\"></span>quisi<span class=\"_ _9\"></span>tion of i<span class=\"_ _9\"></span>ts inte<span class=\"_ _9\"></span>res<span class=\"_ _9\"></span>t in B<span class=\"_ _9\"></span>luewa<span class=\"_ _9\"></span>ter<span class=\"_ _11\"></span>, Kent in 2014 and re<span class=\"_ _9\"></span>pres<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s the e<span class=\"_ _9\"></span>sti<span class=\"_ _9\"></span>mate<span class=\"_ _9\"></span>d fair valu<span class=\"_ _9\"></span>e of the ma<span class=\"_ _9\"></span>nage<span class=\"_ _9\"></span>men<span class=\"_ _9\"></span>t right<span class=\"_ _9\"></span>s for th<span class=\"_ _9\"></span>e centr<span class=\"_ _9\"></span>e. The fair value at t<span class=\"_ _9\"></span>he da<span class=\"_ _9\"></span>te of acq<span class=\"_ _9\"></span>uisiti<span class=\"_ _9\"></span>on was \u00a3<span class=\"_ _9\"></span>30m an<span class=\"_ _9\"></span>d the as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>t is be<span class=\"_ _9\"></span>ing amo<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tis<span class=\"_ _9\"></span>ed over a p<span class=\"_ _9\"></span>eri<span class=\"_ _9\"></span>od of<span class=\"_ _9\"></span> 20 year<span class=\"_ _9\"></span>s. On reco<span class=\"_ _9\"></span>gniti<span class=\"_ _9\"></span>on of th<span class=\"_ _9\"></span>e othe<span class=\"_ _9\"></span>r intangib<span class=\"_ _9\"></span>le as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>t, the Grou<span class=\"_ _9\"></span>p reco<span class=\"_ _9\"></span>gnis<span class=\"_ _9\"></span>ed a de<span class=\"_ _9\"></span>ferr<span class=\"_ _9\"></span>ed tax li<span class=\"_ _9\"></span>abili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y of \u00a36m, and co<span class=\"_ _9\"></span>rres<span class=\"_ _9\"></span>pon<span class=\"_ _9\"></span>ding go<span class=\"_ _9\"></span>od<span class=\"_ _9\"></span>will o<span class=\"_ _9\"></span>f the<span class=\"_ _9\"></span> same am<span class=\"_ _9\"></span>ount. The d<span class=\"_ _9\"></span>eferr<span class=\"_ _9\"></span>ed tax li<span class=\"_ _9\"></span>abili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y is be<span class=\"_ _9\"></span>ing rel<span class=\"_ _9\"></span>eas<span class=\"_ _9\"></span>ed to the i<span class=\"_ _9\"></span>ncom<span class=\"_ _9\"></span>e s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent as th<span class=\"_ _9\"></span>e oth<span class=\"_ _9\"></span>er intangi<span class=\"_ _9\"></span>ble as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>t is amo<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tis<span class=\"_ _9\"></span>ed or im<span class=\"_ _9\"></span>paire<span class=\"_ _9\"></span>d, and the corresponding<span class=\"_ _11\"></span> element of the goodwill is t<span class=\"_ _2\"></span>ested for impairment<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>In the year e<span class=\"_ _9\"></span>nde<span class=\"_ _9\"></span>d 31 March 2026<span class=\"_ _11\"></span>, th<span class=\"_ _9\"></span>e oth<span class=\"_ _9\"></span>er intangi<span class=\"_ _9\"></span>ble as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>t has b<span class=\"_ _9\"></span>een i<span class=\"_ _9\"></span>mpair<span class=\"_ _9\"></span>ed by <span class=\"ff2 ls1f ws1d\">\u00a3nil</span> (<span class=\"_ _9\"></span>2025: \u00a3nil)<span class=\"_ _1\"></span>. The re<span class=\"_ _9\"></span>coverab<span class=\"_ _9\"></span>le am<span class=\"_ _9\"></span>ount of th<span class=\"_ _9\"></span>e oth<span class=\"_ _9\"></span>er intangib<span class=\"_ _9\"></span>le as<span class=\"_ _9\"></span>set h<span class=\"_ _9\"></span>as be<span class=\"_ _9\"></span>en b<span class=\"_ _9\"></span>ase<span class=\"_ _9\"></span>d on it<span class=\"_ _9\"></span>s fair valu<span class=\"_ _9\"></span>e les<span class=\"_ _9\"></span>s cos<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s of dis<span class=\"_ _9\"></span>pos<span class=\"_ _9\"></span>al appl<span class=\"_ _9\"></span>ying di<span class=\"_ _9\"></span>sco<span class=\"_ _9\"></span>unted ca<span class=\"_ _9\"></span>sh flow pr<span class=\"_ _9\"></span>ojec<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>ons, usin<span class=\"_ _9\"></span>g a disc<span class=\"_ _9\"></span>ount ra<span class=\"_ _9\"></span>te of <span class=\"ff2 ls89 ws8c\">8.<span class=\"_ _9\"></span>3%<span class=\"_ _9\"></span></span><span class=\"ls1\"> </span>with c<span class=\"_ _9\"></span>ash flow<span class=\"_ _9\"></span>s proje<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ted ove<span class=\"_ _9\"></span>r a per<span class=\"_ _9\"></span>iod of <span class=\"ff2 lsa3 ws102\">8<span class=\"_ _9\"></span> ye<span class=\"_ _9\"></span>ars<span class=\"_ _9\"></span></span> and a grow<span class=\"_ _a\"></span>th rate app<span class=\"_ _9\"></span>lie<span class=\"_ _9\"></span>d of <span class=\"ff2 ls11d ws152\">5.<span class=\"_ _9\"></span>5%</span><span class=\"ls1\">.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfIntangibleAssetsExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-425": {
   "value": "19<span class=\"_ _118\"> </span><span class=\"fc4 ls68 wsc5\">INT<span class=\"_ _1\"></span>ANGIBLE ASSETS<span class=\"_ _335\"> </span></span>A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Inta<span class=\"_ _2\"></span>ngible assets comprise goodwill<span class=\"_ _2\"></span> and other i<span class=\"_ _2\"></span>ntangi<span class=\"_ _11\"></span>b<span class=\"_ _9\"></span>le assets arising<span class=\"_ _2\"></span> on business combi<span class=\"_ _2\"></span>nations and<span class=\"_ _2\"></span> soft<span class=\"_ _9\"></span>ware used int<span class=\"_ _11\"></span>ernally within the<span class=\"_ _335\"> </span> busin<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>s. Intangible as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ts ar<span class=\"_ _9\"></span>ising o<span class=\"_ _9\"></span>n busin<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>s comb<span class=\"_ _9\"></span>inati<span class=\"_ _9\"></span>ons are ini<span class=\"_ _9\"></span>tiall<span class=\"_ _9\"></span>y rec<span class=\"_ _9\"></span>ognis<span class=\"_ _9\"></span>ed a<span class=\"_ _9\"></span>t fair value. Go<span class=\"_ _9\"></span>od<span class=\"_ _9\"></span>will is n<span class=\"_ _9\"></span>ot am<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>tis<span class=\"_ _9\"></span>ed b<span class=\"_ _9\"></span>ut is te<span class=\"_ _9\"></span>ste<span class=\"_ _9\"></span>d at l<span class=\"_ _9\"></span>eas<span class=\"_ _9\"></span>t<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> annual<span class=\"_ _2\"></span>ly for impai<span class=\"_ _11\"></span>rment. Other inta<span class=\"_ _2\"></span>ngible assets aris<span class=\"_ _2\"></span>ing on bus<span class=\"_ _2\"></span>iness combinations<span class=\"_ _2\"></span> are amortised to t<span class=\"_ _2\"></span>he income statement<span class=\"_ _2\"></span> over<span class=\"_ _2\"></span> their expected<span class=\"_ _335\"> </span> usef<span class=\"_ _9\"></span>ul live<span class=\"_ _9\"></span>s. Sof<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>ware as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ts ar<span class=\"_ _9\"></span>e sta<span class=\"_ _9\"></span>ted a<span class=\"_ _9\"></span>t cos<span class=\"_ _9\"></span>t le<span class=\"_ _9\"></span>ss ac<span class=\"_ _9\"></span>cumul<span class=\"_ _9\"></span>ated am<span class=\"_ _9\"></span>or<span class=\"_ _a\"></span>tisatio<span class=\"_ _9\"></span>n and are am<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>tis<span class=\"_ _9\"></span>ed o<span class=\"_ _9\"></span>n a str<span class=\"_ _9\"></span>aight-line ba<span class=\"_ _9\"></span>sis over th<span class=\"_ _9\"></span>eir es<span class=\"_ _9\"></span>tim<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>d<span class=\"_ _335\"> </span> usef<span class=\"_ _9\"></span>ul eco<span class=\"_ _9\"></span>nomi<span class=\"_ _9\"></span>c live<span class=\"_ _9\"></span>s, norm<span class=\"_ _9\"></span>ally thre<span class=\"_ _9\"></span>e to five yea<span class=\"_ _9\"></span>rs.<span class=\"_ _335\"> </span><table class=\"s w4d he7\" id=\"_0292305e-8a7e-4744-8045-40a6ce54e43e\"><tr><td></td><td></td><td></td><td class=\"t m0 x873 h15 y346e ff2 fsd fc2 sc0 ls41 ws7c\">Other</td><td></td></tr><tr><td></td><td></td><td></td><td class=\"t m0 x339 h15 y346f ff2 fsd fc2 sc0 ls41 ws36\"> inta<span class=\"_ _2\"></span>ngible <span class=\"ls1 ws1\"> </span></td><td></td></tr><tr><td></td><td class=\"t m0 x338 h15 y3470 ff2 fsd fc2 sc0 ls114 ws170\">Goodwill<span class=\"_ _2\"></span> </td><td class=\"t m0 xae1 h15 y3470 ff2 fsd fc2 sc0 ls1 ws1\">Software </td><td class=\"t m0 x246 h15 y3470 ff2 fsd fc2 sc0 ls1 ws1\">asset<span class=\"_ _335\"> </span></td><td class=\"t m0 x33a h15 y3470 ff2 fsd fc2 sc0 ls1 ws1\">T<span class=\"_ _11\"></span>otal </td></tr><tr><td></td><td class=\"t m0 x24b h15 y3471 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y3471 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y3471 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3471 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y335b w7f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">At 1 April 20<span class=\"_ _11\"></span>24<span class=\"_ _335\"> </span></div></td><td class=\"c n xae2 y335b w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x356 y335b w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x733 y335b w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xacc y335b w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32df w231 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls37 ws50\">Additions<span class=\"_ _335\"> </span></div></td><td class=\"c n x765 y32df w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td><td class=\"c n x973 y32df w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x3e7 y32df w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xae3 y32df w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">23<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e0 w232 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws48\">Amor<span class=\"_ _9\"></span>tisation<span class=\"_ _335\"> </span></div></td><td class=\"c n x364 y32e0 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x305 y32e0 w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n xae4 y32e0 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xae5 y32e0 w87 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e1 w22e hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls31 ws10c\">Impairment<span class=\"_ _335\"> </span></div></td><td class=\"c n xae6 y32e1 w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(22)<span class=\"_ _335\"> </span></div></td><td class=\"c n xae7 y32e1 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xae8 y32e1 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xae9 y32e1 w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(22)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e2 w8b hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">At 3<span class=\"_ _11\"></span>1 Marc<span class=\"_ _9\"></span>h 20<span class=\"_ _11\"></span>25<span class=\"_ _335\"> </span></div></td><td class=\"c n xa7b y32e2 w5c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xaea y32e2 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x732 y32e2 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xad0 y32e2 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32ca w233 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls29 ws48\">Addit<span class=\"_ _11\"></span>ions<span class=\"_ _335\"> </span></div></td><td class=\"c n xaeb y32ca w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xaec y32ca w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5a5 y32ca w37 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xaed y32ca w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w234 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls29 ws48\">Amortisati<span class=\"_ _2\"></span>on<span class=\"_ _335\"> </span></div></td><td class=\"c n x4ff y32cb w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x500 y32cb w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xaee y32cb w37 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xaef y32cb w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w235 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls37 ws50\">Impairment<span class=\"_ _335\"> </span></div></td><td class=\"c n x4ff y32cc w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x500 y32cc w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xaee y32cc w37 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xaef y32cc w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w90 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">At 3<span class=\"_ _11\"></span>1 Mar<span class=\"_ _9\"></span>ch 20<span class=\"_ _2\"></span>26<span class=\"_ _335\"> </span></div></td><td class=\"c n x3ec y32cd w37 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xaea y32cd w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x732 y32cd w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xad0 y32cd w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td></tr></table>The o<span class=\"_ _9\"></span>ther intan<span class=\"_ _9\"></span>gible a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>t rel<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>s to the Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s ac<span class=\"_ _9\"></span>quisi<span class=\"_ _9\"></span>tion of i<span class=\"_ _9\"></span>ts inte<span class=\"_ _9\"></span>res<span class=\"_ _9\"></span>t in B<span class=\"_ _9\"></span>luewa<span class=\"_ _9\"></span>ter<span class=\"_ _11\"></span>, Kent in 2014 and re<span class=\"_ _9\"></span>pres<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s the e<span class=\"_ _9\"></span>sti<span class=\"_ _9\"></span>mate<span class=\"_ _9\"></span>d fair valu<span class=\"_ _9\"></span>e of the ma<span class=\"_ _9\"></span>nage<span class=\"_ _9\"></span>men<span class=\"_ _9\"></span>t right<span class=\"_ _9\"></span>s for th<span class=\"_ _9\"></span>e centr<span class=\"_ _9\"></span>e. The fair value at t<span class=\"_ _9\"></span>he da<span class=\"_ _9\"></span>te of acq<span class=\"_ _9\"></span>uisiti<span class=\"_ _9\"></span>on was \u00a3<span class=\"_ _9\"></span>30m an<span class=\"_ _9\"></span>d the as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>t is be<span class=\"_ _9\"></span>ing amo<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tis<span class=\"_ _9\"></span>ed over a p<span class=\"_ _9\"></span>eri<span class=\"_ _9\"></span>od of<span class=\"_ _9\"></span> 20 year<span class=\"_ _9\"></span>s. On reco<span class=\"_ _9\"></span>gniti<span class=\"_ _9\"></span>on of th<span class=\"_ _9\"></span>e othe<span class=\"_ _9\"></span>r intangib<span class=\"_ _9\"></span>le as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>t, the Grou<span class=\"_ _9\"></span>p reco<span class=\"_ _9\"></span>gnis<span class=\"_ _9\"></span>ed a de<span class=\"_ _9\"></span>ferr<span class=\"_ _9\"></span>ed tax li<span class=\"_ _9\"></span>abili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y of \u00a36m, and co<span class=\"_ _9\"></span>rres<span class=\"_ _9\"></span>pon<span class=\"_ _9\"></span>ding go<span class=\"_ _9\"></span>od<span class=\"_ _9\"></span>will o<span class=\"_ _9\"></span>f the<span class=\"_ _9\"></span> same am<span class=\"_ _9\"></span>ount. The d<span class=\"_ _9\"></span>eferr<span class=\"_ _9\"></span>ed tax li<span class=\"_ _9\"></span>abili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y is be<span class=\"_ _9\"></span>ing rel<span class=\"_ _9\"></span>eas<span class=\"_ _9\"></span>ed to the i<span class=\"_ _9\"></span>ncom<span class=\"_ _9\"></span>e s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent as th<span class=\"_ _9\"></span>e oth<span class=\"_ _9\"></span>er intangi<span class=\"_ _9\"></span>ble as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>t is amo<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tis<span class=\"_ _9\"></span>ed or im<span class=\"_ _9\"></span>paire<span class=\"_ _9\"></span>d, and the corresponding<span class=\"_ _11\"></span> element of the goodwill is t<span class=\"_ _2\"></span>ested for impairment<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>In the year e<span class=\"_ _9\"></span>nde<span class=\"_ _9\"></span>d 31 March 2026<span class=\"_ _11\"></span>, th<span class=\"_ _9\"></span>e oth<span class=\"_ _9\"></span>er intangi<span class=\"_ _9\"></span>ble as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>t has b<span class=\"_ _9\"></span>een i<span class=\"_ _9\"></span>mpair<span class=\"_ _9\"></span>ed by <span class=\"ff2 ls1f ws1d\">\u00a3nil</span> (<span class=\"_ _9\"></span>2025: \u00a3nil)<span class=\"_ _1\"></span>. The re<span class=\"_ _9\"></span>coverab<span class=\"_ _9\"></span>le am<span class=\"_ _9\"></span>ount of th<span class=\"_ _9\"></span>e oth<span class=\"_ _9\"></span>er intangib<span class=\"_ _9\"></span>le as<span class=\"_ _9\"></span>set h<span class=\"_ _9\"></span>as be<span class=\"_ _9\"></span>en b<span class=\"_ _9\"></span>ase<span class=\"_ _9\"></span>d on it<span class=\"_ _9\"></span>s fair valu<span class=\"_ _9\"></span>e les<span class=\"_ _9\"></span>s cos<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s of dis<span class=\"_ _9\"></span>pos<span class=\"_ _9\"></span>al appl<span class=\"_ _9\"></span>ying di<span class=\"_ _9\"></span>sco<span class=\"_ _9\"></span>unted ca<span class=\"_ _9\"></span>sh flow pr<span class=\"_ _9\"></span>ojec<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>ons, usin<span class=\"_ _9\"></span>g a disc<span class=\"_ _9\"></span>ount ra<span class=\"_ _9\"></span>te of <span class=\"ff2 ls89 ws8c\">8.<span class=\"_ _9\"></span>3%<span class=\"_ _9\"></span></span><span class=\"ls1\"> </span>with c<span class=\"_ _9\"></span>ash flow<span class=\"_ _9\"></span>s proje<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ted ove<span class=\"_ _9\"></span>r a per<span class=\"_ _9\"></span>iod of <span class=\"ff2 lsa3 ws102\">8<span class=\"_ _9\"></span> ye<span class=\"_ _9\"></span>ars<span class=\"_ _9\"></span></span> and a grow<span class=\"_ _a\"></span>th rate app<span class=\"_ _9\"></span>lie<span class=\"_ _9\"></span>d of <span class=\"ff2 ls11d ws152\">5.<span class=\"_ _9\"></span>5%</span><span class=\"ls1\">.</span><span class=\"ls1\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfGoodwillExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-455": {
   "value": "A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Inta<span class=\"_ _2\"></span>ngible assets comprise goodwill<span class=\"_ _2\"></span> and other i<span class=\"_ _2\"></span>ntangi<span class=\"_ _11\"></span>b<span class=\"_ _9\"></span>le assets arising<span class=\"_ _2\"></span> on business combi<span class=\"_ _2\"></span>nations and<span class=\"_ _2\"></span> soft<span class=\"_ _9\"></span>ware used int<span class=\"_ _11\"></span>ernally within the<span class=\"_ _335\"> </span>busin<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>s. Intangible as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ts ar<span class=\"_ _9\"></span>ising o<span class=\"_ _9\"></span>n busin<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>s comb<span class=\"_ _9\"></span>inati<span class=\"_ _9\"></span>ons are ini<span class=\"_ _9\"></span>tiall<span class=\"_ _9\"></span>y rec<span class=\"_ _9\"></span>ognis<span class=\"_ _9\"></span>ed a<span class=\"_ _9\"></span>t fair value. Go<span class=\"_ _9\"></span>od<span class=\"_ _9\"></span>will is n<span class=\"_ _9\"></span>ot am<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>tis<span class=\"_ _9\"></span>ed b<span class=\"_ _9\"></span>ut is te<span class=\"_ _9\"></span>ste<span class=\"_ _9\"></span>d at l<span class=\"_ _9\"></span>eas<span class=\"_ _9\"></span>t<span class=\"_ _335\"> </span>annual<span class=\"_ _2\"></span>ly for impai<span class=\"_ _11\"></span>rment. Other inta<span class=\"_ _2\"></span>ngible assets aris<span class=\"_ _2\"></span>ing on bus<span class=\"_ _2\"></span>iness combinations<span class=\"_ _2\"></span> are amortised to t<span class=\"_ _2\"></span>he income statement<span class=\"_ _2\"></span> over<span class=\"_ _2\"></span> their expected<span class=\"_ _335\"> </span>usef<span class=\"_ _9\"></span>ul live<span class=\"_ _9\"></span>s. Sof<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>ware as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ts ar<span class=\"_ _9\"></span>e sta<span class=\"_ _9\"></span>ted a<span class=\"_ _9\"></span>t cos<span class=\"_ _9\"></span>t le<span class=\"_ _9\"></span>ss ac<span class=\"_ _9\"></span>cumul<span class=\"_ _9\"></span>ated am<span class=\"_ _9\"></span>or<span class=\"_ _a\"></span>tisatio<span class=\"_ _9\"></span>n and are am<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>tis<span class=\"_ _9\"></span>ed o<span class=\"_ _9\"></span>n a str<span class=\"_ _9\"></span>aight-line ba<span class=\"_ _9\"></span>sis over th<span class=\"_ _9\"></span>eir es<span class=\"_ _9\"></span>tim<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>d<span class=\"_ _335\"> </span>usef<span class=\"_ _9\"></span>ul eco<span class=\"_ _9\"></span>nomi<span class=\"_ _9\"></span>c live<span class=\"_ _9\"></span>s, norm<span class=\"_ _9\"></span>ally thre<span class=\"_ _9\"></span>e to five yea<span class=\"_ _9\"></span>rs.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-474": {
   "value": "A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Inta<span class=\"_ _2\"></span>ngible assets comprise goodwill<span class=\"_ _2\"></span> and other i<span class=\"_ _2\"></span>ntangi<span class=\"_ _11\"></span>b<span class=\"_ _9\"></span>le assets arising<span class=\"_ _2\"></span> on business combi<span class=\"_ _2\"></span>nations and<span class=\"_ _2\"></span> soft<span class=\"_ _9\"></span>ware used int<span class=\"_ _11\"></span>ernally within the<span class=\"_ _335\"> </span>busin<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>s. Intangible as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ts ar<span class=\"_ _9\"></span>ising o<span class=\"_ _9\"></span>n busin<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>s comb<span class=\"_ _9\"></span>inati<span class=\"_ _9\"></span>ons are ini<span class=\"_ _9\"></span>tiall<span class=\"_ _9\"></span>y rec<span class=\"_ _9\"></span>ognis<span class=\"_ _9\"></span>ed a<span class=\"_ _9\"></span>t fair value. Go<span class=\"_ _9\"></span>od<span class=\"_ _9\"></span>will is n<span class=\"_ _9\"></span>ot am<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>tis<span class=\"_ _9\"></span>ed b<span class=\"_ _9\"></span>ut is te<span class=\"_ _9\"></span>ste<span class=\"_ _9\"></span>d at l<span class=\"_ _9\"></span>eas<span class=\"_ _9\"></span>t<span class=\"_ _335\"> </span>annual<span class=\"_ _2\"></span>ly for impai<span class=\"_ _11\"></span>rment. Other inta<span class=\"_ _2\"></span>ngible assets aris<span class=\"_ _2\"></span>ing on bus<span class=\"_ _2\"></span>iness combinations<span class=\"_ _2\"></span> are amortised to t<span class=\"_ _2\"></span>he income statement<span class=\"_ _2\"></span> over<span class=\"_ _2\"></span> their expected<span class=\"_ _335\"> </span>usef<span class=\"_ _9\"></span>ul live<span class=\"_ _9\"></span>s. Sof<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>ware as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ts ar<span class=\"_ _9\"></span>e sta<span class=\"_ _9\"></span>ted a<span class=\"_ _9\"></span>t cos<span class=\"_ _9\"></span>t le<span class=\"_ _9\"></span>ss ac<span class=\"_ _9\"></span>cumul<span class=\"_ _9\"></span>ated am<span class=\"_ _9\"></span>or<span class=\"_ _a\"></span>tisatio<span class=\"_ _9\"></span>n and are am<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>tis<span class=\"_ _9\"></span>ed o<span class=\"_ _9\"></span>n a str<span class=\"_ _9\"></span>aight-line ba<span class=\"_ _9\"></span>sis over th<span class=\"_ _9\"></span>eir es<span class=\"_ _9\"></span>tim<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>d<span class=\"_ _335\"> </span>usef<span class=\"_ _9\"></span>ul eco<span class=\"_ _9\"></span>nomi<span class=\"_ _9\"></span>c live<span class=\"_ _9\"></span>s, norm<span class=\"_ _9\"></span>ally thre<span class=\"_ _9\"></span>e to five yea<span class=\"_ _9\"></span>rs.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-477": {
   "value": "A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Inta<span class=\"_ _2\"></span>ngible assets comprise goodwill<span class=\"_ _2\"></span> and other i<span class=\"_ _2\"></span>ntangi<span class=\"_ _11\"></span>b<span class=\"_ _9\"></span>le assets arising<span class=\"_ _2\"></span> on business combi<span class=\"_ _2\"></span>nations and<span class=\"_ _2\"></span> soft<span class=\"_ _9\"></span>ware used int<span class=\"_ _11\"></span>ernally within the<span class=\"_ _335\"> </span>busin<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>s. Intangible as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ts ar<span class=\"_ _9\"></span>ising o<span class=\"_ _9\"></span>n busin<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>s comb<span class=\"_ _9\"></span>inati<span class=\"_ _9\"></span>ons are ini<span class=\"_ _9\"></span>tiall<span class=\"_ _9\"></span>y rec<span class=\"_ _9\"></span>ognis<span class=\"_ _9\"></span>ed a<span class=\"_ _9\"></span>t fair value. Go<span class=\"_ _9\"></span>od<span class=\"_ _9\"></span>will is n<span class=\"_ _9\"></span>ot am<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>tis<span class=\"_ _9\"></span>ed b<span class=\"_ _9\"></span>ut is te<span class=\"_ _9\"></span>ste<span class=\"_ _9\"></span>d at l<span class=\"_ _9\"></span>eas<span class=\"_ _9\"></span>t<span class=\"_ _335\"> </span>annual<span class=\"_ _2\"></span>ly for impai<span class=\"_ _11\"></span>rment. Other inta<span class=\"_ _2\"></span>ngible assets aris<span class=\"_ _2\"></span>ing on bus<span class=\"_ _2\"></span>iness combinations<span class=\"_ _2\"></span> are amortised to t<span class=\"_ _2\"></span>he income statement<span class=\"_ _2\"></span> over<span class=\"_ _2\"></span> their expected<span class=\"_ _335\"> </span>usef<span class=\"_ _9\"></span>ul live<span class=\"_ _9\"></span>s. Sof<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>ware as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ts ar<span class=\"_ _9\"></span>e sta<span class=\"_ _9\"></span>ted a<span class=\"_ _9\"></span>t cos<span class=\"_ _9\"></span>t le<span class=\"_ _9\"></span>ss ac<span class=\"_ _9\"></span>cumul<span class=\"_ _9\"></span>ated am<span class=\"_ _9\"></span>or<span class=\"_ _a\"></span>tisatio<span class=\"_ _9\"></span>n and are am<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>tis<span class=\"_ _9\"></span>ed o<span class=\"_ _9\"></span>n a str<span class=\"_ _9\"></span>aight-line ba<span class=\"_ _9\"></span>sis over th<span class=\"_ _9\"></span>eir es<span class=\"_ _9\"></span>tim<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>d<span class=\"_ _335\"> </span>usef<span class=\"_ _9\"></span>ul eco<span class=\"_ _9\"></span>nomi<span class=\"_ _9\"></span>c live<span class=\"_ _9\"></span>s, norm<span class=\"_ _9\"></span>ally thre<span class=\"_ _9\"></span>e to five yea<span class=\"_ _9\"></span>rs.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForGoodwillExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-384": {
   "value": "<div class=\"t m0 ha2 ff1 fs7 fc0 sc0 ls15f ws19b gs317\">20<span class=\"_ _b2\"> </span><span class=\"fc4 ls1a ws1\">CA<span class=\"_ _9\"></span>PIT<span class=\"_ _11\"></span>AL S<span class=\"_ _9\"></span>TRUC<span class=\"_ _9\"></span>TUR<span class=\"_ _9\"></span>E<span class=\"_ _335\"> </span></span></div><div class=\"gs318\"><table class=\"s w236 he8\" id=\"_907ca2f3-37ff-407e-a13f-b13f95a64769\"><tr><td></td><td></td><td></td><td class=\"t m0 xaf0 h15 y3472 ff2 fsd fc2 sc0 ls168 ws1a5\">Adju<span class=\"_ _9\"></span>st<span class=\"_ _9\"></span>me<span class=\"_ _9\"></span>nt<span class=\"_ _9\"></span> </td><td class=\"c n xaf1 y3473 w1c hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></div></td><td></td><td></td><td class=\"t m0 xaf2 h15 y3474 ff3 fsd fc2 sc0 ls75 ws7a\">Adjustme<span class=\"_ _9\"></span>nt </td><td class=\"c n xaf3 y3473 w1d hb8\"><div class=\"t m0 x239 h15 y320f ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td></td><td></td><td class=\"t m0 xaf4 h15 y3475 ff2 fsd fc2 sc0 ls169 ws17a\">for non<span class=\"_ _2\"></span>-<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td class=\"t m0 xaf5 h15 y3476 ff3 fsd fc2 sc0 ls41 ws36\">for non-</td><td></td></tr><tr><td></td><td></td><td class=\"t m0 xaf6 h15 y3477 ff2 fsd fc2 sc0 ls1 ws8e\"> Joint </td><td class=\"t m0 xaf7 h15 y3478 ff2 fsd fc2 sc0 ls154 ws36\">wholly o<span class=\"_ _11\"></span>wned<span class=\"_ _9\"></span> </td><td></td><td></td><td class=\"t m0 xaf8 h15 y3478 ff3 fsd fc2 sc0 ls1 ws1\">Joint </td><td class=\"t m0 xaf9 h15 y3479 ff3 fsd fc2 sc0 ls75 ws164\">wholl<span class=\"_ _9\"></span>y owned </td><td></td></tr><tr><td></td><td class=\"t m0 xafa h15 y347a ff2 fsd fc2 sc0 ls76 ws13e\">Group<span class=\"_ _335\"> </span></td><td class=\"t m0 xafb h15 y347a ff2 fsd fc2 sc0 ls3a ws37\">ventur<span class=\"_ _9\"></span>es<span class=\"_ _335\"> </span></td><td class=\"t m0 xafc h15 y347b ff2 fsd fc2 sc0 ls7b ws82\">subsidiaries<span class=\"_ _335\"> </span></td><td class=\"t m0 xafd h15 y347b ff2 fsd fc2 sc0 ls77 ws7d\">Combined<span class=\"_ _335\"> </span></td><td class=\"t m0 xafe h15 y347b ff3 fsd fc2 sc0 ls76 ws13e\">Group<span class=\"_ _335\"> </span></td><td class=\"t m0 xaff h15 y347b ff3 fsd fc2 sc0 ls113 ws13f\">ventures<span class=\"_ _335\"> </span></td><td class=\"t m0 xb00 h15 y347c ff3 fsd fc2 sc0 ls76 ws13e\">subsidiaries<span class=\"_ _335\"> </span></td><td class=\"t m0 xb01 h15 y347c ff3 fsd fc2 sc0 lsa6 ws96\">Combined<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 xb02 h15 y347d ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 xb03 h15 y347d ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x443 h15 y347e ff2 fsd fc2 sc0 ls3f wsbc\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 xb04 h15 y347e ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 xb05 h15 y347e ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 xb06 h15 y347e ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 xb07 h15 y347f ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x446 h15 y347f ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"t m0 x6ce h9 y3480 ff2 fs6 fc2 sc0 ls22 ws1\">Prope<span class=\"_ _9\"></span>rt<span class=\"_ _9\"></span>y p<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>tfolio<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x447 y3481 w237 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Mark<span class=\"_ _2\"></span>et value<span class=\"_ _2\"></span> of non-cu<span class=\"_ _2\"></span>rrent propert<span class=\"_ _9\"></span>y assets</div><div class=\"t m0 xb08 h16 y32a3 ff3 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x4c4 y3481 w51 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">10,195<span class=\"_ _335\"> </span></div></td><td class=\"c n xb09 y3481 w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">661<span class=\"_ _335\"> </span></div></td><td class=\"c n xb0a y3481 wc5 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(20)</div></td><td class=\"c n xb0b y3481 w51 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">10,836</div></td><td class=\"c n xb0c y3481 w187 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">10,277<span class=\"_ _335\"> </span></div></td><td class=\"c n xb0d y3481 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">636<span class=\"_ _335\"> </span></div></td><td class=\"c n xb0e y3481 w32 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(33)</div></td><td class=\"c n xb0f y3481 w52 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">10,880<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3482 w238 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Carrying value of<span class=\"_ _2\"></span> trading<span class=\"_ _11\"></span> proper<span class=\"_ _a\"></span>ties<span class=\"_ _335\"> </span></div></td><td class=\"c n xb10 y3482 w2d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">56<span class=\"_ _335\"> </span></div></td><td class=\"c n xb11 y3482 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xb12 y3482 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xb13 y3482 w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">56<span class=\"_ _335\"> </span></div></td><td class=\"c n xb14 y3482 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">81<span class=\"_ _335\"> </span></div></td><td class=\"c n xb15 y3482 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xb16 y3482 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x615 y3482 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">81<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3483 w239 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">T<span class=\"_ _11\"></span>otal prop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y por<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>folio (<span class=\"_ _2\"></span>a<span class=\"_ _11\"></span>)<span class=\"_ _335\"> </span></div></td><td class=\"c n xb17 y3483 w51 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">10,251<span class=\"_ _335\"> </span></div></td><td class=\"c n xb18 y3483 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">661<span class=\"_ _335\"> </span></div></td><td class=\"c n xb19 y3483 w2b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(20)</div></td><td class=\"c n xb1a y3483 w51 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">10,892</div></td><td class=\"c n xb1b y3483 w52 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">10,358<span class=\"_ _335\"> </span></div></td><td class=\"c n xb1c y3483 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">636<span class=\"_ _335\"> </span></div></td><td class=\"c n xb1d y3483 w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(33)</div></td><td class=\"c n xb1e y3483 w187 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">10,961<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x4c3 h9 y3484 ff2 fs6 fc2 sc0 ls8f ws42\">Net debt<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y3485 w67 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws48\">Borrowings<span class=\"_ _335\"> </span></div></td><td class=\"c n xb1f y3485 w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">4,360<span class=\"_ _335\"> </span></div></td><td class=\"c n xb20 y3485 w2f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xb21 y3485 w2f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013</div></td><td class=\"c n xb22 y3485 w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">4,360</div></td><td class=\"c n xb23 y3485 w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">4,396<span class=\"_ _335\"> </span></div></td><td class=\"c n xb24 y3485 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xb25 y3485 w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(15)</div></td><td class=\"c n xb26 y3485 w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">4,381<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3427 w60 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Monies held in<span class=\"_ _11\"></span> res<span class=\"_ _9\"></span>tricted accounts and deposits<span class=\"_ _335\"> </span></div></td><td class=\"c n xb27 y3427 w2b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(11)<span class=\"_ _335\"> </span></div></td><td class=\"c n xb28 y3427 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xb29 y3427 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xb2a y3427 w2b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(11)<span class=\"_ _335\"> </span></div></td><td class=\"c n xb2b y3427 w32 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(20)<span class=\"_ _335\"> </span></div></td><td class=\"c n xb2c y3427 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xb2d y3427 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xb2e y3427 w32 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(19)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y33fe w61 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls65 ws90\">Cash and cash equivalents<span class=\"_ _335\"> </span></div></td><td class=\"c n xb2f y33fe w26 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(106)<span class=\"_ _335\"> </span></div></td><td class=\"c n xb30 y33fe wc5 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(25)<span class=\"_ _335\"> </span></div></td><td class=\"c n xb31 y33fe w25 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xb32 y33fe w28 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(130)<span class=\"_ _335\"> </span></div></td><td class=\"c n xb33 y33fe w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(39)<span class=\"_ _335\"> </span></div></td><td class=\"c n xb34 y33fe w32 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(24)<span class=\"_ _335\"> </span></div></td><td class=\"c n xb35 y33fe w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xb36 y33fe w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(63)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3428 web hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Fair value of intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t-rate swap<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xb37 y3428 w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(5)<span class=\"_ _335\"> </span></div></td><td class=\"c n xb38 y3428 w2f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xb39 y3428 w2f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xb3a y3428 w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(5)<span class=\"_ _335\"> </span></div></td><td class=\"c n xb3b y3428 w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n xb3c y3428 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xb3d y3428 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xb3e y3428 w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3429 w23a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls37 ws34\">Fair v<span class=\"_ _2\"></span>alue of foreign exchan<span class=\"_ _9\"></span>ge swaps and fo<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>wards<span class=\"_ _335\"> </span></div></td><td class=\"c n xb3f y3429 wc4 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(4)<span class=\"_ _335\"> </span></div></td><td class=\"c n xb40 y3429 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x4b2 y3429 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xb41 y3429 w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(4)<span class=\"_ _335\"> </span></div></td><td class=\"c n xb42 y3429 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n xb43 y3429 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xb44 y3429 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x61a y3429 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3486 w23b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Net d<span class=\"_ _9\"></span>ebt (b<span class=\"_ _11\"></span>)<span class=\"_ _335\"> </span></div></td><td class=\"c n xb45 y3486 w19a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">4,234<span class=\"_ _335\"> </span></div></td><td class=\"c n xb46 y3486 w2b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(25)<span class=\"_ _335\"> </span></div></td><td class=\"c n xb47 y3486 w25 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xb48 y3486 w58 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">4,210</div></td><td class=\"c n xb49 y3486 w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">4,341<span class=\"_ _335\"> </span></div></td><td class=\"c n xb4a y3486 w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(24)<span class=\"_ _335\"> </span></div></td><td class=\"c n xb4b y3486 w32 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(14)</div></td><td class=\"c n x2f8 y3486 w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">4,303<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y342a w23c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Add: F<span class=\"_ _2\"></span>air value of in<span class=\"_ _9\"></span>teres<span class=\"_ _9\"></span>t-rate s<span class=\"_ _9\"></span>waps<span class=\"_ _335\"> </span></div></td><td class=\"c n xb4c y342a w25 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n xb4d y342a w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xb4e y342a w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xb4f y342a w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n xb50 y342a w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xb51 y342a w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xb52 y342a w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xb53 y342a w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y342b w23d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Adjusted ne<span class=\"_ _9\"></span>t deb<span class=\"_ _9\"></span>t (<span class=\"_ _11\"></span>c)<span class=\"_ _335\"> </span></div></td><td class=\"c n xb54 y342b w19a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">4,239<span class=\"_ _335\"> </span></div></td><td class=\"c n xb55 y342b wc5 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(25)<span class=\"_ _335\"> </span></div></td><td class=\"c n xb56 y342b w25 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xb57 y342b w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">4,215</div></td><td class=\"c n xb58 y342b w59 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">4,342<span class=\"_ _335\"> </span></div></td><td class=\"c n xb59 y342b w32 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(24)<span class=\"_ _335\"> </span></div></td><td class=\"c n xb5a y342b w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(14)</div></td><td class=\"c n xb5b y342b w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">4,304<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x4c3 h9 y3487 ff3 fs6 fc2 sc0 ls1 ws61\">Ad<span class=\"_ _2\"></span>justed<span class=\"_ _11\"></span> total<span class=\"_ _11\"></span> equity<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y342d w23e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">T<span class=\"_ _11\"></span>otal e<span class=\"_ _9\"></span>qui<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y (<span class=\"_ _11\"></span>d)<span class=\"_ _335\"> </span></div></td><td class=\"c n xb5c y342d w19a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">6,538<span class=\"_ _335\"> </span></div></td><td class=\"c n xb5d y342d w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x4a8 y342d wc4 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(1)</div></td><td class=\"c n xb5e y342d w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">6,537</div></td><td class=\"c n xb5f y342d w59 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">6,532<span class=\"_ _335\"> </span></div></td><td class=\"c n xb60 y342d w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xb61 y342d w32 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(18)</div></td><td class=\"c n xb62 y342d w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">6,514<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3456 web hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Fair value of intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t-rate swap<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xb37 y3456 w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(5)<span class=\"_ _335\"> </span></div></td><td class=\"c n xb38 y3456 w2f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xb39 y3456 w2f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xb3a y3456 w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(5)<span class=\"_ _335\"> </span></div></td><td class=\"c n xb3b y3456 w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n xb3c y3456 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xb3d y3456 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xb3e y3456 w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3457 w23f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Adjusted total equ<span class=\"_ _9\"></span>ity (e<span class=\"_ _11\"></span>)<span class=\"_ _335\"> </span></div></td><td class=\"c n xb63 y3457 w19a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">6,533<span class=\"_ _335\"> </span></div></td><td class=\"c n xb64 y3457 w2f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xb65 y3457 w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(1)</div></td><td class=\"c n xb66 y3457 w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">6,532</div></td><td class=\"c n xb67 y3457 w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">6,531<span class=\"_ _335\"> </span></div></td><td class=\"c n xb68 y3457 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xb69 y3457 w32 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(18)</div></td><td class=\"c n xb6a y3457 w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">6,513<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3488 w240 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls130 ws1a6\">G<span class=\"_ _a\"></span>e<span class=\"_ _a\"></span>a<span class=\"_ _9\"></span>r<span class=\"_ _a\"></span>i<span class=\"_ _a\"></span>n<span class=\"_ _9\"></span>g<span class=\"_ _a\"></span> (<span class=\"_ _9\"></span>b<span class=\"_ _a\"></span>/d<span class=\"_ _9\"></span>)<span class=\"_ _335\"> </span></div></td><td class=\"c n xb6b y3488 wb1 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">64.8%<span class=\"_ _335\"> </span></div></td><td></td><td></td><td class=\"c n xb6c y3488 wb1 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">64.4%</div></td><td class=\"c n xb6d y3488 wb2 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">66.5%<span class=\"_ _335\"> </span></div></td><td></td><td></td><td class=\"c n xb6e y3488 wb2 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">66.1%<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3489 w241 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Adjusted ge<span class=\"_ _9\"></span>aring (c/<span class=\"_ _11\"></span>e<span class=\"_ _11\"></span>)<span class=\"_ _335\"> </span></div></td><td class=\"c n xb6f y3489 wb1 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">64.9%<span class=\"_ _335\"> </span></div></td><td></td><td></td><td class=\"c n xaa2 y3489 wb1 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">64.5%</div></td><td class=\"c n xb70 y3489 wb2 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">66.5%<span class=\"_ _335\"> </span></div></td><td></td><td></td><td class=\"c n xb71 y3489 wb2 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">66.1%<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y33e3 w242 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls144 ws9d\">G<span class=\"_ _9\"></span>r<span class=\"_ _a\"></span>o<span class=\"_ _9\"></span>u<span class=\"_ _a\"></span>p<span class=\"_ _9\"></span> LT<span class=\"_ _9\"></span>V<span class=\"_ _a\"></span> (c<span class=\"_ _9\"></span>/a)<span class=\"_ _335\"> </span></div></td><td class=\"c n xb72 y33e3 wb1 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">41.4%<span class=\"_ _335\"> </span></div></td><td></td><td></td><td class=\"c n xb73 y33e3 wb1 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">38.7%</div></td><td class=\"c n xb74 y33e3 wb2 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">41.9%<span class=\"_ _335\"> </span></div></td><td></td><td></td><td class=\"c n xb75 y33e3 wb2 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">39.3%<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y348b w243 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls13f ws15d\">E<span class=\"_ _a\"></span>P<span class=\"_ _a\"></span>R<span class=\"_ _a\"></span>A<span class=\"_ _a\"></span> LT<span class=\"_ _32\"></span>V</div><div class=\"t m0 xb76 h16 y348a ff2 fse fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td class=\"c n xb77 y32cb wb1 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">40.4%<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td class=\"c n xb78 y32cb wb2 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">41.0%<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x447 y32cc w244 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Securit<span class=\"_ _9\"></span>y Gro<span class=\"_ _9\"></span>up L<span class=\"_ _11\"></span>TV<span class=\"_ _335\"> </span></div></td><td class=\"c n xb79 y32cc wb1 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">41.6%<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td class=\"c n xb7a y32cc wb2 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">41.9%<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y32cd w245 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">W<span class=\"_ _11\"></span>eighted av<span class=\"_ _11\"></span>erage cost of deb<span class=\"_ _2\"></span>t<span class=\"_ _335\"> </span></div></td><td class=\"c n xb7b y32cd w108 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">3.6%<span class=\"_ _335\"> </span></div></td><td></td><td></td><td class=\"c n xb7c y32cd w108 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">3.6%</div></td><td class=\"c n xb7d y32cd w109 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">3.4%<span class=\"_ _335\"> </span></div></td><td></td><td></td><td class=\"c n xb7e y32cd w1b7 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">3.4%<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls7 ws6 gs319\">1<span class=\"_ _11\"></span>. <span class=\"_ _a\"></span>Includes owner<span class=\"_ _11\"></span>-occupied propert<span class=\"_ _9\"></span>y and<span class=\"_ _2\"></span> non-curren<span class=\"_ _2\"></span>t assets held<span class=\"_ _2\"></span> for sale<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls5 ws1 gs31a\">2<span class=\"_ _2\"></span>. <span class=\"_ _a\"></span>EPR<span class=\"_ _9\"></span>A L<span class=\"_ _2\"></span>T<span class=\"_ _9\"></span>V diffe<span class=\"_ _9\"></span>rs f<span class=\"_ _9\"></span>rom G<span class=\"_ _9\"></span>ro<span class=\"_ _9\"></span>up L<span class=\"_ _2\"></span>T<span class=\"_ _9\"></span>V as i<span class=\"_ _9\"></span>t inc<span class=\"_ _9\"></span>lud<span class=\"_ _9\"></span>es n<span class=\"_ _9\"></span>et p<span class=\"_ _9\"></span>a<span class=\"_ _9\"></span>yabl<span class=\"_ _9\"></span>es a<span class=\"_ _9\"></span>nd re<span class=\"_ _9\"></span>ce<span class=\"_ _9\"></span>iva<span class=\"_ _9\"></span>bl<span class=\"_ _9\"></span>es an<span class=\"_ _9\"></span>d in<span class=\"_ _9\"></span>clu<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>s tra<span class=\"_ _9\"></span>din<span class=\"_ _9\"></span>g pro<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>es a<span class=\"_ _9\"></span>t fai<span class=\"_ _9\"></span>r valu<span class=\"_ _9\"></span>e and d<span class=\"_ _9\"></span>eb<span class=\"_ _9\"></span>t in<span class=\"_ _9\"></span>st<span class=\"_ _9\"></span>rum<span class=\"_ _9\"></span>en<span class=\"_ _9\"></span>ts a<span class=\"_ _9\"></span>t no<span class=\"_ _9\"></span>min<span class=\"_ _9\"></span>al val<span class=\"_ _9\"></span>ue ra<span class=\"_ _9\"></span>th<span class=\"_ _9\"></span>er </div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls5 ws1 gs31b\">than b<span class=\"_ _9\"></span>o<span class=\"_ _9\"></span>ok va<span class=\"_ _9\"></span>lue. Gr<span class=\"_ _9\"></span>oup LTV re<span class=\"_ _9\"></span>ma<span class=\"_ _9\"></span>ins o<span class=\"_ _9\"></span>ur co<span class=\"_ _9\"></span>re p<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>fo<span class=\"_ _9\"></span>rm<span class=\"_ _9\"></span>anc<span class=\"_ _9\"></span>e me<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>ure.</div>",
   "dimensions": {
    "concept": "landsec:DisclosureOfCapitalStructure",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-385": {
   "value": "21<span class=\"_ _118\"> </span><span class=\"fc4 lsfc ws13a\">BORRO<span class=\"_ _2\"></span>WINGS<span class=\"_ _335\"> </span></span>A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Bor<span class=\"_ _9\"></span>rowin<span class=\"_ _9\"></span>gs, oth<span class=\"_ _9\"></span>er than b<span class=\"_ _9\"></span>ank overdr<span class=\"_ _9\"></span>af<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s, are rec<span class=\"_ _9\"></span>ognis<span class=\"_ _9\"></span>ed ini<span class=\"_ _9\"></span>tially a<span class=\"_ _9\"></span>t fair valu<span class=\"_ _9\"></span>e les<span class=\"_ _9\"></span>s at<span class=\"_ _9\"></span>tri<span class=\"_ _9\"></span>butab<span class=\"_ _9\"></span>le trans<span class=\"_ _9\"></span>ac<span class=\"_ _9\"></span>tio<span class=\"_ _9\"></span>n cos<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s. Subsequ<span class=\"_ _9\"></span>ent to ini<span class=\"_ _9\"></span>tial<span class=\"_ _335\"> </span> reco<span class=\"_ _9\"></span>gni<span class=\"_ _9\"></span>tion, bo<span class=\"_ _9\"></span>rrowin<span class=\"_ _9\"></span>gs are s<span class=\"_ _9\"></span>tate<span class=\"_ _9\"></span>d at am<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>sed c<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>t wi<span class=\"_ _9\"></span>th any differen<span class=\"_ _9\"></span>ce be<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>wee<span class=\"_ _9\"></span>n the am<span class=\"_ _9\"></span>ount ini<span class=\"_ _9\"></span>tially r<span class=\"_ _9\"></span>eco<span class=\"_ _9\"></span>gnise<span class=\"_ _9\"></span>d and th<span class=\"_ _9\"></span>e red<span class=\"_ _9\"></span>emp<span class=\"_ _9\"></span>tion valu<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span> bein<span class=\"_ _9\"></span>g rec<span class=\"_ _9\"></span>ognis<span class=\"_ _9\"></span>ed in th<span class=\"_ _9\"></span>e inco<span class=\"_ _9\"></span>me s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent ove<span class=\"_ _9\"></span>r the pe<span class=\"_ _9\"></span>rio<span class=\"_ _9\"></span>d of the b<span class=\"_ _9\"></span>orrow<span class=\"_ _9\"></span>ings, us<span class=\"_ _9\"></span>ing the effe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>ve intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t meth<span class=\"_ _9\"></span>od.<span class=\"_ _335\"> </span>When d<span class=\"_ _9\"></span>eb<span class=\"_ _9\"></span>t refinanc<span class=\"_ _9\"></span>ing exerc<span class=\"_ _9\"></span>ises a<span class=\"_ _9\"></span>re carri<span class=\"_ _9\"></span>ed ou<span class=\"_ _9\"></span>t, exis<span class=\"_ _9\"></span>tin<span class=\"_ _9\"></span>g liabili<span class=\"_ _9\"></span>ties w<span class=\"_ _9\"></span>ill be tr<span class=\"_ _9\"></span>ea<span class=\"_ _9\"></span>ted as b<span class=\"_ _9\"></span>eing ex<span class=\"_ _a\"></span>tinguish<span class=\"_ _9\"></span>ed wh<span class=\"_ _9\"></span>en the n<span class=\"_ _9\"></span>ew liab<span class=\"_ _9\"></span>ilit<span class=\"_ _9\"></span>y is sub<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>tantially<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> differen<span class=\"_ _9\"></span>t from th<span class=\"_ _9\"></span>e exis<span class=\"_ _9\"></span>ting li<span class=\"_ _9\"></span>abili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>. In makin<span class=\"_ _9\"></span>g this as<span class=\"_ _9\"></span>ses<span class=\"_ _9\"></span>sme<span class=\"_ _9\"></span>nt, the Gro<span class=\"_ _9\"></span>up will c<span class=\"_ _9\"></span>onsi<span class=\"_ _9\"></span>der th<span class=\"_ _9\"></span>e transa<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tion a<span class=\"_ _9\"></span>s a who<span class=\"_ _9\"></span>le, taking into a<span class=\"_ _9\"></span>ccou<span class=\"_ _9\"></span>nt bo<span class=\"_ _9\"></span>th<span class=\"_ _335\"> </span> qualitat<span class=\"_ _2\"></span>ive and<span class=\"_ _2\"></span> quantit<span class=\"_ _2\"></span>ative char<span class=\"_ _2\"></span>acteris<span class=\"_ _9\"></span>tics.<span class=\"_ _335\"> </span><table class=\"s w246 he9\" id=\"_453522b2-88bb-47fc-919d-f8c0a345e42e\"><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m0 xb7f h15 y348c ff2 fsd fc2 sc0 ls76 ws13e\">Nominal/ </td><td></td><td class=\"c n xb80 y348d w1c hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></div></td><td class=\"t m0 xb81 h15 y348c ff3 fsd fc2 sc0 ls76 ws13e\">Nominal/ </td><td></td><td class=\"c n xb82 y348d w44 hb8\"><div class=\"t m0 x239 h15 y320f ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td></td><td></td><td></td><td class=\"t m0 xb83 h15 y348e ff2 fsd fc2 sc0 ls1 ws1\">Effective <span class=\"_ _11\"></span> </td><td class=\"t m0 xb84 h15 y348e ff2 fsd fc2 sc0 ls1 ws1\">notional </td><td class=\"t m0 xb85 h15 y348e ff2 fsd fc2 sc0 ls8a ws8d\">Fai<span class=\"_ _9\"></span>r <span class=\"ls1 ws1\"> </span></td><td class=\"t m0 xb86 h15 y348e ff2 fsd fc2 sc0 ls1 ws1\">Book </td><td class=\"t m0 xb87 h15 y348e ff3 fsd fc2 sc0 ls41 ws7c\">notional </td><td class=\"t m0 x43f h15 y348e ff3 fsd fc2 sc0 ls3f wsbc\">Fai<span class=\"_ _9\"></span>r <span class=\"ls1 ws1\"> </span></td><td class=\"t m0 x440 h15 y348e ff3 fsd fc2 sc0 ls1 ws1\">Book </td></tr><tr><td></td><td></td><td class=\"t m0 xb88 h15 y348f ff2 fsd fc2 sc0 ls114 ws170\">Secured<span class=\"_ _11\"></span>/<span class=\"ls1 ws1\"> </span></td><td class=\"t m0 xb89 h15 y348f ff2 fsd fc2 sc0 lsa6 ws96\">Fixed/<span class=\"ls1 ws1\"> </span></td><td class=\"t m0 xb8a h15 y348f ff2 fsd fc2 sc0 ls7b ws94\">inter<span class=\"_ _9\"></span>est r<span class=\"_ _9\"></span>ate<span class=\"_ _335\"> </span></td><td class=\"t m0 xb8b h15 y348f ff2 fsd fc2 sc0 ls1 ws1\">value </td><td class=\"t m0 xb8c h15 y348f ff2 fsd fc2 sc0 ls3a ws37\">valu<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span></td><td class=\"t m0 xb05 h15 y348f ff2 fsd fc2 sc0 ls3a ws37\">valu<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span></td><td class=\"t m0 xb8d h15 y348f ff3 fsd fc2 sc0 ls154 ws181\">value </td><td class=\"t m0 x6cd h15 y348f ff3 fsd fc2 sc0 ls154 ws181\">value<span class=\"_ _335\"> </span></td><td class=\"t m0 xb8e h15 y348f ff3 fsd fc2 sc0 ls154 ws181\">value<span class=\"_ _335\"> </span></td></tr><tr><td></td><td></td><td class=\"t m0 xb8f h15 y3490 ff2 fsd fc2 sc0 ls78 ws7e\">unsecured<span class=\"_ _335\"> </span></td><td class=\"t m0 xb90 h15 y3490 ff2 fsd fc2 sc0 ls8d ws95\">floa<span class=\"_ _9\"></span>ting<span class=\"_ _335\"> </span></td><td class=\"t m0 xb91 h15 y3490 ff2 fsd fc2 sc0 ls1 ws1\">%<span class=\"_ _335\"> </span></td><td class=\"t m0 xb92 h15 y3490 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 xb93 h15 y3490 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 xb94 h15 y3490 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 xb95 h15 y3490 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x437 h15 y3490 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x446 h15 y3490 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"t m0 x6ce h9 y3491 ff2 fs6 fc2 sc0 ls3c ws143\">Curren<span class=\"_ _9\"></span>t bo<span class=\"_ _9\"></span>rrowin<span class=\"_ _9\"></span>gs<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m0 x6ce h9 y3492 ff2 fs6 fc2 sc0 ls37 ws34\">Comme<span class=\"_ _9\"></span>rcial pape<span class=\"_ _9\"></span>r<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x447 y3493 w247 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws77\">Sterling<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xb96 y3493 w248 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Unsecured<span class=\"_ _335\"> </span></div></td><td class=\"c n xb97 y3493 w249 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Floating<span class=\"_ _335\"> </span></div></td><td class=\"c xb99 y3493 w24a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Various</div><div class=\"t m0 xb98 h16 y32a3 ff3 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xb9a y3493 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">228<span class=\"_ _335\"> </span></div></td><td class=\"c n xb9b y3493 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">228<span class=\"_ _335\"> </span></div></td><td class=\"c n xb9c y3493 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">228<span class=\"_ _335\"> </span></div></td><td class=\"c n xb9d y3493 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">270<span class=\"_ _335\"> </span></div></td><td class=\"c n xb9e y3493 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">270<span class=\"_ _335\"> </span></div></td><td class=\"c n xb9f y3493 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">270<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x447 y3494 w24b hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls40 wsbe\">Euro<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xba0 y3494 w24c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Unsecured<span class=\"_ _335\"> </span></div></td><td class=\"c n xba1 y3494 w249 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Floating<span class=\"_ _335\"> </span></div></td><td class=\"c xba3 y3494 w24d hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">V<span class=\"_ _11\"></span>arious</div><div class=\"t m0 xba2 h16 y32a9 ff3 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xb9a y3494 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">270<span class=\"_ _335\"> </span></div></td><td class=\"c n xb9b y3494 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">270<span class=\"_ _335\"> </span></div></td><td class=\"c n xb9c y3494 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">270<span class=\"_ _335\"> </span></div></td><td class=\"c n xb9d y3494 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">310<span class=\"_ _335\"> </span></div></td><td class=\"c n xb9e y3494 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">310<span class=\"_ _335\"> </span></div></td><td class=\"c n xb9f y3494 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">310<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x447 y3495 w24e hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls3c ws143\">US Do<span class=\"_ _9\"></span>llar<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xba4 y3495 w24c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Unsecured<span class=\"_ _335\"> </span></div></td><td class=\"c n xba5 y3495 w249 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Floating<span class=\"_ _335\"> </span></div></td><td class=\"c xba7 y3495 w24f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">V<span class=\"_ _11\"></span>arious</div><div class=\"t m0 xba6 h16 y32a3 ff3 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xb9a y3496 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">246<span class=\"_ _335\"> </span></div></td><td class=\"c n xb9b y3496 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">246<span class=\"_ _335\"> </span></div></td><td class=\"c n xb9c y3496 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">246<span class=\"_ _335\"> </span></div></td><td class=\"c n xb9d y3496 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">170<span class=\"_ _335\"> </span></div></td><td class=\"c n xb9e y3496 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">170<span class=\"_ _335\"> </span></div></td><td class=\"c n xb9f y3496 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">170<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x447 y3497 w250 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls37 ws34\">T<span class=\"_ _11\"></span>otal current borrowings<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td></td><td class=\"c n xba8 y3497 w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">744<span class=\"_ _335\"> </span></div></td><td class=\"c n xba9 y3497 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">744<span class=\"_ _335\"> </span></div></td><td class=\"c n xbaa y3497 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">744<span class=\"_ _335\"> </span></div></td><td class=\"c n xbab y3497 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">750<span class=\"_ _335\"> </span></div></td><td class=\"c n xbac y3497 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">750<span class=\"_ _335\"> </span></div></td><td class=\"c n xbad y3497 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">750<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3498 w251 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Amounts payable u<span class=\"_ _2\"></span>nder head leases<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td></td><td class=\"c n xbae y3498 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xbaf y3498 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb0 y3498 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb1 y3498 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb2 y3498 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x4d9 y3498 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x4c3 h9 y3499 ff2 fs6 fc2 sc0 ls37 ws34\">T<span class=\"_ _11\"></span>otal current borrowings including </td><td></td><td></td><td></td><td></td><td class=\"c n xb9a y349a w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">746<span class=\"_ _335\"> </span></div></td><td class=\"c n xb9b y349a w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">746<span class=\"_ _335\"> </span></div></td><td class=\"c n xb9c y349a w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">746<span class=\"_ _335\"> </span></div></td><td class=\"c n xb9d y349a w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">752<span class=\"_ _335\"> </span></div></td><td class=\"c n xb9e y349a w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">752<span class=\"_ _335\"> </span></div></td><td class=\"c n xb9f y349a w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">752<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x4c3 h9 y349b ff2 fs6 fc2 sc0 ls8f ws42\">amounts<span class=\"_ _2\"></span> payable<span class=\"_ _11\"></span> under head leases<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m0 x4c3 h9 y349c ff2 fs6 fc2 sc0 ls8f ws42\">Non-cur<span class=\"_ _11\"></span>rent borro<span class=\"_ _11\"></span>wings<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m0 x4c3 h9 y349d ff2 fs6 fc2 sc0 ls22 ws1\">Med<span class=\"_ _9\"></span>ium term notes (MTN)<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y349e w252 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">A16 <span class=\"_ _32\"></span>2<span class=\"_ _11\"></span>.37<span class=\"_ _1\"></span>5% MTN due 20<span class=\"_ _11\"></span>29<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xbb3 y349e w253 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Secured<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb4 y349e w254 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Fixed<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb5 y349e w131 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">2.5<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb6 y349e w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">350<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb7 y349e w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">340<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb8 y349e w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">350<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb9 y349e w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">350<span class=\"_ _335\"> </span></div></td><td class=\"c n xbba y349e w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">333<span class=\"_ _335\"> </span></div></td><td class=\"c n xbbb y349e w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">349<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y349f w255 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">A6<span class=\"_ _335\"> </span></div></td><td class=\"c n xbbc y349f w256 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">5<span class=\"_ _11\"></span>.3<span class=\"_ _11\"></span>7<span class=\"_ _11\"></span>6<span class=\"_ _11\"></span>% MTN due 20<span class=\"_ _2\"></span>29<span class=\"_ _335\"> </span></div></td><td class=\"c n xbbd y349f w253 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Secured<span class=\"_ _335\"> </span></div></td><td class=\"c n xbbe y349f w254 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Fixed<span class=\"_ _335\"> </span></div></td><td class=\"c n xbbf y349f w131 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">5.4<span class=\"_ _335\"> </span></div></td><td class=\"c n xbc0 y349f w2d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">65<span class=\"_ _335\"> </span></div></td><td class=\"c n xbc1 y349f w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">65<span class=\"_ _335\"> </span></div></td><td class=\"c n xbc2 y349f w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">65<span class=\"_ _335\"> </span></div></td><td class=\"c n xbc3 y349f w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">65<span class=\"_ _335\"> </span></div></td><td class=\"c n xbc4 y349f w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">65<span class=\"_ _335\"> </span></div></td><td class=\"c n xbc5 y349f w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">65<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y34a0 w257 hba\" colspan=\"2\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">A13 <span class=\"_ _32\"></span>2<span class=\"_ _11\"></span>.399<span class=\"_ _11\"></span>% MTN du<span class=\"_ _9\"></span>e 20<span class=\"_ _11\"></span>31<span class=\"_ _335\"> </span></div></td><td class=\"c n xbc6 y34a0 w258 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Secur<span class=\"_ _2\"></span>ed<span class=\"_ _335\"> </span></div></td><td class=\"c n xbc7 y34a0 w259 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Fix<span class=\"_ _11\"></span>ed<span class=\"_ _335\"> </span></div></td><td class=\"c n xbc8 y34a0 w131 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">2.4<span class=\"_ _335\"> </span></div></td><td class=\"c n xbc9 y34a0 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">300<span class=\"_ _335\"> </span></div></td><td class=\"c n xbca y34a0 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">278<span class=\"_ _335\"> </span></div></td><td class=\"c n xbcb y34a0 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">300<span class=\"_ _335\"> </span></div></td><td class=\"c n xbcc y34a0 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">300<span class=\"_ _335\"> </span></div></td><td class=\"c n xbcd y34a0 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">274<span class=\"_ _335\"> </span></div></td><td class=\"c n xbce y34a0 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">300<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y34a1 w255 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">A7<span class=\"_ _335\"> </span></div></td><td class=\"c n xbbc y34a1 w25a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">5<span class=\"_ _11\"></span>.3<span class=\"_ _11\"></span>96<span class=\"_ _11\"></span>% MTN due 20<span class=\"_ _2\"></span>3<span class=\"_ _2\"></span>2<span class=\"_ _335\"> </span></div></td><td class=\"c n xbcf y34a1 w253 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Secured<span class=\"_ _335\"> </span></div></td><td class=\"c n xbd0 y34a1 w25b hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Fixed<span class=\"_ _335\"> </span></div></td><td class=\"c n xbd1 y34a1 w131 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">5.4<span class=\"_ _335\"> </span></div></td><td class=\"c n xbd2 y34a1 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">77<span class=\"_ _335\"> </span></div></td><td class=\"c n xbd3 y34a1 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">77<span class=\"_ _335\"> </span></div></td><td class=\"c n xbd4 y34a1 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">77<span class=\"_ _335\"> </span></div></td><td class=\"c n xbd5 y34a1 w34 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">77<span class=\"_ _335\"> </span></div></td><td class=\"c n xbd6 y34a1 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">78<span class=\"_ _335\"> </span></div></td><td class=\"c n x9d5 y34a1 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">77<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y34a2 w252 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">A18 <span class=\"_ _32\"></span>4.<span class=\"_ _1\"></span>75<span class=\"_ _11\"></span>0% MTN due 203<span class=\"_ _11\"></span>3<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xbb3 y34a2 w253 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Secured<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb4 y34a2 w254 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Fixed<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb5 y34a2 w131 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">4.9<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb6 y34a2 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">300<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb7 y34a2 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">293<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb8 y34a2 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">297<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb9 y34a2 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">300<span class=\"_ _335\"> </span></div></td><td class=\"c n xbba y34a2 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">294<span class=\"_ _335\"> </span></div></td><td class=\"c n xbbb y34a2 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">295<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y34a3 w25c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">A17 <span class=\"_ _32\"></span>4.<span class=\"_ _11\"></span>8<span class=\"_ _11\"></span>7<span class=\"_ _2\"></span>5<span class=\"_ _2\"></span>% MTN due 20<span class=\"_ _11\"></span>34<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xbd7 y34a3 w253 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Secured<span class=\"_ _335\"> </span></div></td><td class=\"c n xbd8 y34a3 w25d hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Fix<span class=\"_ _2\"></span>ed<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb5 y34a3 w131 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">5.0<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb6 y34a3 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">400<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb7 y34a3 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">391<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb8 y34a3 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">395<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb9 y34a3 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">400<span class=\"_ _335\"> </span></div></td><td class=\"c n xbba y34a3 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">393<span class=\"_ _335\"> </span></div></td><td class=\"c n xbbb y34a3 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">396<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y34a4 w25e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">A11 <span class=\"_ _32\"></span>5<span class=\"_ _11\"></span>.12<span class=\"_ _11\"></span>5% MTN due 2<span class=\"_ _11\"></span>036<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xbd9 y34a4 w25f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Secured<span class=\"_ _335\"> </span></div></td><td class=\"c n xbda y34a4 w259 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Fix<span class=\"_ _11\"></span>ed<span class=\"_ _335\"> </span></div></td><td class=\"c n xbdb y34a4 w131 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">5.1<span class=\"_ _335\"> </span></div></td><td class=\"c n xbdc y34a4 w2d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">50<span class=\"_ _335\"> </span></div></td><td class=\"c n x841 y34a4 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">48<span class=\"_ _335\"> </span></div></td><td class=\"c n xbdd y34a4 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">50<span class=\"_ _335\"> </span></div></td><td class=\"c n xbde y34a4 w34 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">50<span class=\"_ _335\"> </span></div></td><td class=\"c n xbdf y34a4 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">47<span class=\"_ _335\"> </span></div></td><td class=\"c n xbe0 y34a4 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">50<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y34a5 w260 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">A1<span class=\"_ _11\"></span>9 <span class=\"_ _0\"> </span>4<span class=\"_ _11\"></span>.6<span class=\"_ _11\"></span>25<span class=\"_ _11\"></span>% MTN due 203<span class=\"_ _11\"></span>6<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xbe1 y34a5 w25f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Secured<span class=\"_ _335\"> </span></div></td><td class=\"c n xbe2 y34a5 w254 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Fixed<span class=\"_ _335\"> </span></div></td><td class=\"c n xbe3 y34a5 w131 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">4.9<span class=\"_ _335\"> </span></div></td><td class=\"c n xbe4 y34a5 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">350<span class=\"_ _335\"> </span></div></td><td class=\"c n xbe5 y34a5 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">328<span class=\"_ _335\"> </span></div></td><td class=\"c n xbe6 y34a5 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">346<span class=\"_ _335\"> </span></div></td><td class=\"c n xbe7 y34a5 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">350<span class=\"_ _335\"> </span></div></td><td class=\"c n xbe8 y34a5 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">330<span class=\"_ _335\"> </span></div></td><td class=\"c n x324 y34a5 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">346<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y34a6 w261 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">A14 <span class=\"_ _32\"></span>2<span class=\"_ _11\"></span>.6<span class=\"_ _11\"></span>25<span class=\"_ _11\"></span>% MTN du<span class=\"_ _9\"></span>e 20<span class=\"_ _11\"></span>39<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xbe9 y34a6 w253 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Secured<span class=\"_ _335\"> </span></div></td><td class=\"c n xbea y34a6 w254 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Fixed<span class=\"_ _335\"> </span></div></td><td class=\"c n xbdb y34a6 w131 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">2.6<span class=\"_ _335\"> </span></div></td><td class=\"c n xbeb y34a6 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">500<span class=\"_ _335\"> </span></div></td><td class=\"c n xbec y34a6 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">367<span class=\"_ _335\"> </span></div></td><td class=\"c n xbed y34a6 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">495<span class=\"_ _335\"> </span></div></td><td class=\"c n xbee y34a6 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">500<span class=\"_ _335\"> </span></div></td><td class=\"c n xbef y34a6 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">371<span class=\"_ _335\"> </span></div></td><td class=\"c n x465 y34a6 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">495<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y34a7 w252 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">A15 <span class=\"_ _32\"></span>2<span class=\"_ _11\"></span>.7<span class=\"_ _1\"></span>50% MTN due 20<span class=\"_ _11\"></span>59<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xbb3 y34a7 w253 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Secured<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb4 y34a7 w254 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Fixed<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb5 y34a7 w131 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">2.7<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb6 y34a7 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">500<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb7 y34a7 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">255<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb8 y34a7 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">495<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb9 y34a7 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">500<span class=\"_ _335\"> </span></div></td><td class=\"c n xbba y34a7 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">275<span class=\"_ _335\"> </span></div></td><td class=\"c n xbbb y34a7 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">495<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td class=\"c n xbf0 y34a8 w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">2,892<span class=\"_ _335\"> </span></div></td><td class=\"c n xbf1 y34a8 w58 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">2,442<span class=\"_ _335\"> </span></div></td><td class=\"c n xbf2 y34a8 w58 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">2,870<span class=\"_ _335\"> </span></div></td><td class=\"c n xbf3 y34a8 w59 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">2,892<span class=\"_ _335\"> </span></div></td><td class=\"c n xbf4 y34a8 w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">2,460<span class=\"_ _335\"> </span></div></td><td class=\"c n xbf5 y34a8 w59 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">2,868<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y34a9 w262 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Syndicat<span class=\"_ _2\"></span>ed and bi<span class=\"_ _2\"></span>lateral ban<span class=\"_ _2\"></span>k debt<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xbf6 y34a9 w25f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Secured<span class=\"_ _335\"> </span></div></td><td class=\"c n xbf7 y34a9 w249 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Floating<span class=\"_ _335\"> </span></div></td><td class=\"c n xbf8 y34a9 w263 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">SONIA + margin<span class=\"_ _335\"> </span></div></td><td class=\"c n xbf9 y34a9 w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">746<span class=\"_ _335\"> </span></div></td><td class=\"c n xbfa y34a9 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">746<span class=\"_ _335\"> </span></div></td><td class=\"c n xbfb y34a9 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">746<span class=\"_ _335\"> </span></div></td><td class=\"c n xbfc y34a9 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">778<span class=\"_ _335\"> </span></div></td><td class=\"c n xbfd y34a9 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">778<span class=\"_ _335\"> </span></div></td><td class=\"c n x4df y34a9 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">778<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y34aa w264 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls37 ws34\">T<span class=\"_ _11\"></span>otal non-current borrowings<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td></td><td class=\"c n xbfe y34aa w58 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">3,638<span class=\"_ _335\"> </span></div></td><td class=\"c n xbff y34aa w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">3,188<span class=\"_ _335\"> </span></div></td><td class=\"c n xc00 y34aa w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">3,616<span class=\"_ _335\"> </span></div></td><td class=\"c n xc01 y34aa w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">3,670<span class=\"_ _335\"> </span></div></td><td class=\"c n xc02 y34aa w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">3,238<span class=\"_ _335\"> </span></div></td><td class=\"c n xc03 y34aa w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">3,646<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y34ab w251 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Amounts payable u<span class=\"_ _2\"></span>nder head leases<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xc04 y34ab w248 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Unsecured<span class=\"_ _335\"> </span></div></td><td class=\"c n xc05 y34ab w25b hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Fixed<span class=\"_ _335\"> </span></div></td><td class=\"c n xc06 y34ab w131 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">5.2<span class=\"_ _335\"> </span></div></td><td class=\"c n xc07 y34ab w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">133<span class=\"_ _335\"> </span></div></td><td class=\"c n xc08 y34ab w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">202<span class=\"_ _335\"> </span></div></td><td class=\"c n xc09 y34ab w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">133<span class=\"_ _335\"> </span></div></td><td class=\"c n xc0a y34ab w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">156<span class=\"_ _335\"> </span></div></td><td class=\"c n xc0b y34ab w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">230<span class=\"_ _335\"> </span></div></td><td class=\"c n x74e y34ab w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">156<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x4c3 h9 y34ac ff2 fs6 fc2 sc0 ls37 ws34\">T<span class=\"_ _11\"></span>otal non-current borrowings<span class=\"_ _9\"></span> </td><td></td><td></td><td></td><td></td><td class=\"c n xbf0 y34ad w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">3,771<span class=\"_ _335\"> </span></div></td><td class=\"c n xbf1 y34ad w58 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">3,390<span class=\"_ _335\"> </span></div></td><td class=\"c n xbf2 y34ad w58 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">3,749<span class=\"_ _335\"> </span></div></td><td class=\"c n xbf3 y34ad w59 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">3,826<span class=\"_ _335\"> </span></div></td><td class=\"c n xbf4 y34ad w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">3,468<span class=\"_ _335\"> </span></div></td><td class=\"c n xbf5 y34ad w59 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">3,802<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y34ae w265 hca\"><div class=\"t m0 x239 h9 y3300 ff2 fs6 fc2 sc0 ls8f ws42\">includi<span class=\"_ _2\"></span>ng amoun<span class=\"_ _11\"></span>ts payable under<span class=\"_ _335\"> </span></div><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">head leases<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m0 x4c3 h9 y34af ff2 fs6 fc2 sc0 ls37 ws34\">T<span class=\"_ _11\"></span>otal borrowing including amo<span class=\"_ _9\"></span>unts </td><td></td><td></td><td></td><td></td><td class=\"c n xbf0 y34b0 w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">4,517<span class=\"_ _335\"> </span></div></td><td class=\"c n xbf1 y34b0 w58 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">4,136<span class=\"_ _335\"> </span></div></td><td class=\"c n xbf2 y34b0 w58 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">4,495<span class=\"_ _335\"> </span></div></td><td class=\"c n xbf3 y34b0 w59 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">4,578<span class=\"_ _335\"> </span></div></td><td class=\"c n xbf4 y34b0 w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">4,220<span class=\"_ _335\"> </span></div></td><td class=\"c n xbf5 y34b0 w59 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">4,554<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x4c3 h9 y34b1 ff2 fs6 fc2 sc0 ls8f ws42\">payable<span class=\"_ _2\"></span> under head leases<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m0 x4c3 h9 y34b2 ff2 fs6 fc2 sc0 ls37 ws34\">T<span class=\"_ _11\"></span>otal borrowings excluding amounts<span class=\"_ _9\"></span> </td><td></td><td></td><td></td><td></td><td class=\"c n xbf0 y3301 w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">4,382<span class=\"_ _335\"> </span></div></td><td class=\"c n xbf1 y3301 w58 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">3,932<span class=\"_ _335\"> </span></div></td><td class=\"c n xbf2 y3301 w58 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">4,360<span class=\"_ _335\"> </span></div></td><td class=\"c n xbf3 y3301 w59 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">4,420<span class=\"_ _335\"> </span></div></td><td class=\"c n xbf4 y3301 w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">3,988<span class=\"_ _335\"> </span></div></td><td class=\"c n xbf5 y3301 w59 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">4,396<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x4c3 h9 y34b3 ff2 fs6 fc2 sc0 ls8f ws42\">payable<span class=\"_ _2\"></span> under head leases<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr></table>1. <span class=\"_ _9\"></span>N<span class=\"_ _9\"></span>on-Ster<span class=\"_ _9\"></span>lin<span class=\"_ _9\"></span>g co<span class=\"_ _9\"></span>mme<span class=\"_ _9\"></span>rc<span class=\"_ _9\"></span>ial p<span class=\"_ _9\"></span>ap<span class=\"_ _9\"></span>er is i<span class=\"_ _9\"></span>mm<span class=\"_ _9\"></span>edi<span class=\"_ _9\"></span>at<span class=\"_ _9\"></span>ely s<span class=\"_ _9\"></span>wa<span class=\"_ _9\"></span>pp<span class=\"_ _9\"></span>ed in<span class=\"_ _9\"></span>to Ster<span class=\"_ _9\"></span>lin<span class=\"_ _9\"></span>g. The in<span class=\"_ _9\"></span>ter<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>t ra<span class=\"_ _9\"></span>te i<span class=\"_ _9\"></span>s fixe<span class=\"_ _9\"></span>d at th<span class=\"_ _9\"></span>e tim<span class=\"_ _9\"></span>e of th<span class=\"_ _9\"></span>e is<span class=\"_ _9\"></span>su<span class=\"_ _9\"></span>anc<span class=\"_ _9\"></span>e for t<span class=\"_ _9\"></span>he du<span class=\"_ _9\"></span>rat<span class=\"_ _9\"></span>io<span class=\"_ _9\"></span>n and tr<span class=\"_ _9\"></span>ac<span class=\"_ _9\"></span>ks SO<span class=\"_ _9\"></span>NIA s<span class=\"_ _9\"></span>wap r<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>s.<span class=\"_ _335\"> </span><div class=\"t m0 h11 ff1 fs9 fc2 sc0 ls73 ws79 gs326\">RECONCILIA<span class=\"_ _11\"></span>TION OF<span class=\"_ _11\"></span> MOVEMENTS IN<span class=\"_ _11\"></span> LIABILITIES ARISING F<span class=\"_ _11\"></span>ROM FINANCING<span class=\"_ _11\"></span> ACTIVITIES<span class=\"_ _335\"> </span></div><div class=\"gs18c\"><table class=\"s w266 hea\" id=\"_2234a5f0-7fac-46f2-afa6-761eeec1208d\"><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m0 xc0d h15 y34b4 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td></tr><tr><td></td><td></td><td></td><td></td><td class=\"t m0 xc0e h15 y34b5 ff2 fsd fc2 sc0 ls41 ws36\">Non-cash<span class=\"_ _2\"></span> changes<span class=\"_ _335\"> </span></td><td></td><td></td></tr><tr><td></td><td class=\"t m0 xc0f h15 y34b6 ff2 fsd fc2 sc0 ls112 ws77\">At th<span class=\"_ _9\"></span>e<span class=\"_ _9\"></span> </td><td></td><td class=\"t m0 xc10 h15 y34b6 ff2 fsd fc2 sc0 ls1 ws1\">Foreign </td><td class=\"t m0 xc11 h15 y34b6 ff2 fsd fc2 sc0 ls41 ws7c\">Other </td><td></td><td class=\"t m0 xc12 h15 y34b6 ff2 fsd fc2 sc0 ls41 ws36\">At<span class=\"_ _11\"></span> the end <span class=\"ls1 ws1\"> </span></td></tr><tr><td></td><td class=\"t m0 xc13 h15 y34b7 ff2 fsd fc2 sc0 ls76 ws13e\">beginning </td><td></td><td class=\"t m0 xc14 h15 y34b7 ff2 fsd fc2 sc0 ls41 ws7c\">excha<span class=\"_ _2\"></span>nge </td><td class=\"t m0 xc15 h15 y34b7 ff2 fsd fc2 sc0 ls41 ws36\">changes i<span class=\"_ _2\"></span>n </td><td class=\"t m0 xc16 h15 y34b7 ff2 fsd fc2 sc0 ls41 ws7c\">Other </td><td class=\"t m0 xc17 h15 y34b7 ff2 fsd fc2 sc0 ls1 ws8e\">of the </td></tr><tr><td></td><td class=\"t m0 xc18 h15 y34b8 ff2 fsd fc2 sc0 ls74 ws1\">of the y<span class=\"_ _9\"></span>ear<span class=\"_ _335\"> </span></td><td class=\"t m0 xc19 h15 y34b8 ff2 fsd fc2 sc0 ls1 ws1a7\">Cash flows<span class=\"_ _335\"> </span></td><td class=\"t m0 xc1a h15 y34b8 ff2 fsd fc2 sc0 ls7a ws1a8\">mov<span class=\"_ _2\"></span>ements<span class=\"_ _335\"> </span></td><td class=\"t m0 xc1b h15 y34b8 ff2 fsd fc2 sc0 ls76 ws7b\">fair values<span class=\"_ _335\"> </span></td><td class=\"t m0 xc1c h15 y34b8 ff2 fsd fc2 sc0 ls41 ws7c\">changes<span class=\"_ _335\"> </span></td><td class=\"t m0 xc0d h15 y34b8 ff2 fsd fc2 sc0 ls3a ws37\">year<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 xc1d h15 y34b9 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 xc1e h15 y34b9 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 xc1f h15 y34b9 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 xc20 h15 y34b9 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 xc21 h15 y34b9 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 xc22 h15 y34b9 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32e3 w67 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws48\">Borrowings<span class=\"_ _335\"> </span></div></td><td class=\"c n xc23 y32e3 w19a hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">4,554<span class=\"_ _335\"> </span></div></td><td class=\"c n xc24 y32e3 w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(38)<span class=\"_ _335\"> </span></div></td><td class=\"c n xc25 y32e3 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xc26 y32e3 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xc27 y32e3 w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(23)<span class=\"_ _335\"> </span></div></td><td class=\"c n xc28 y32e3 w66 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">4,495<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e4 w267 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Derivative fi<span class=\"_ _11\"></span>nancial instruments<span class=\"_ _335\"> </span></div></td><td class=\"c n xc29 y32e4 w25 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n xc2a y32e4 w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(16)<span class=\"_ _335\"> </span></div></td><td class=\"c n xc2b y32e4 w8d hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td><td class=\"c n xc2c y32e4 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td><td class=\"c n xaa5 y32e4 w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(6)<span class=\"_ _335\"> </span></div></td><td class=\"c n xc2d y32e4 w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(9)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3356 w268 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws33\">Redemp<span class=\"_ _9\"></span>tion liabili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _335\"> </span></div></td><td class=\"c n xc2e y3356 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xc2f y3356 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x3d8 y3356 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xc30 y3356 w37 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xc31 y3356 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">18<span class=\"_ _335\"> </span></div></td><td class=\"c n xc32 y3356 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">18<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n xc33 y32cd w19a hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">4,558<span class=\"_ _335\"> </span></div></td><td class=\"c n xc34 y32cd w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(54)<span class=\"_ _335\"> </span></div></td><td class=\"c n xc35 y32cd w37 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xc36 y32cd w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td><td class=\"c n xc37 y32cd w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(11)<span class=\"_ _335\"> </span></div></td><td class=\"c n xc38 y32cd w66 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">4,504<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"gs327\"><table class=\"s w269 heb\" id=\"_9f9aac58-106e-40c2-868f-18a97ed1e310\"><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m0 xc0d h15 y34ba ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32cb w67 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws48\">Borrowings<span class=\"_ _335\"> </span></div></td><td class=\"c n xc39 y32cb w1b8 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">3,780<span class=\"_ _335\"> </span></div></td><td class=\"c n xc3a y32cb w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">401<span class=\"_ _335\"> </span></div></td><td class=\"c n xc3b y32cb w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xc3c y32cb w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(10)<span class=\"_ _335\"> </span></div></td><td class=\"c n xc3d y32cb w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">381<span class=\"_ _335\"> </span></div></td><td class=\"c n x2e2 y32cb w5e hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">4,554<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w267 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Derivative fi<span class=\"_ _11\"></span>nancial instruments<span class=\"_ _335\"> </span></div></td><td class=\"c n xc3e y32cc w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(25)<span class=\"_ _335\"> </span></div></td><td class=\"c n xc3f y32cc w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(6)<span class=\"_ _335\"> </span></div></td><td class=\"c n xc40 y32cc w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td><td class=\"c n x507 y32cc w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">23<span class=\"_ _335\"> </span></div></td><td class=\"c n x58f y32cc w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xab4 y32cc w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n xc41 y32cd w5e hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">3,755<span class=\"_ _335\"> </span></div></td><td class=\"c n xc42 y32cd w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">395<span class=\"_ _335\"> </span></div></td><td class=\"c n xc43 y32cd w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">13<span class=\"_ _335\"> </span></div></td><td class=\"c n xc44 y32cd w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">13<span class=\"_ _335\"> </span></div></td><td class=\"c n xc45 y32cd w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">382<span class=\"_ _335\"> </span></div></td><td class=\"c n xc46 y32cd w5e hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">4,558<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs328\">The MTNs are s<span class=\"_ _9\"></span>ecur<span class=\"_ _9\"></span>ed on th<span class=\"_ _9\"></span>e fixed an<span class=\"_ _9\"></span>d floa<span class=\"_ _9\"></span>ting p<span class=\"_ _9\"></span>ool o<span class=\"_ _9\"></span>f ass<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s of the S<span class=\"_ _9\"></span>ecu<span class=\"_ _9\"></span>rit<span class=\"_ _9\"></span>y Gr<span class=\"_ _9\"></span>oup. The Sec<span class=\"_ _9\"></span>urit<span class=\"_ _9\"></span>y G<span class=\"_ _9\"></span>roup inc<span class=\"_ _9\"></span>lude<span class=\"_ _9\"></span>s wh<span class=\"_ _9\"></span>olly ow<span class=\"_ _9\"></span>ne<span class=\"_ _9\"></span>d inves<span class=\"_ _9\"></span>tmen<span class=\"_ _9\"></span>t </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs329\">prop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>es, devel<span class=\"_ _9\"></span>opm<span class=\"_ _9\"></span>ent p<span class=\"_ _9\"></span>rope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s and a numb<span class=\"_ _9\"></span>er o<span class=\"_ _9\"></span>f the Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s inves<span class=\"_ _9\"></span>tm<span class=\"_ _9\"></span>ent in ot<span class=\"_ _9\"></span>her as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ts, in to<span class=\"_ _9\"></span>tal valued a<span class=\"_ _9\"></span>t <span class=\"ff2 ls119 ws144\">\u00a31<span class=\"_ _9\"></span>0.<span class=\"_ _9\"></span>4<span class=\"_ _9\"></span>b<span class=\"_ _a\"></span>n</span> a<span class=\"_ _9\"></span>t 31 March 2026 </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs32a\">(2025:<span class=\"_ gsd2\"> </span>\u00a3<span class=\"_ _2\"></span>10<span class=\"_ _11\"></span>.0bn<span class=\"_ _2\"></span>)<span class=\"_ _1\"></span>. Th<span class=\"_ _9\"></span>e se<span class=\"_ _9\"></span>cure<span class=\"_ _9\"></span>d deb<span class=\"_ _9\"></span>t st<span class=\"_ _9\"></span>ruc<span class=\"_ _9\"></span>tur<span class=\"_ _9\"></span>e has a tie<span class=\"_ _9\"></span>red o<span class=\"_ _9\"></span>per<span class=\"_ _9\"></span>ating c<span class=\"_ _9\"></span>ovenant r<span class=\"_ _9\"></span>egim<span class=\"_ _9\"></span>e whic<span class=\"_ _9\"></span>h gives t<span class=\"_ _9\"></span>he Gro<span class=\"_ _9\"></span>up subs<span class=\"_ _9\"></span>tantial fl<span class=\"_ _9\"></span>exibili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y wh<span class=\"_ _9\"></span>en the<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs32b\">loan-to<span class=\"_ _9\"></span>-value and inte<span class=\"_ _9\"></span>res<span class=\"_ _9\"></span>t cove<span class=\"_ _9\"></span>r in the Se<span class=\"_ _9\"></span>curi<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y Gro<span class=\"_ _9\"></span>up are le<span class=\"_ _9\"></span>ss than 65% and mo<span class=\"_ _9\"></span>re than 1.45x respe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tive<span class=\"_ _9\"></span>ly<span class=\"_ _11\"></span>. If the<span class=\"_ _9\"></span>se limi<span class=\"_ _9\"></span>ts are e<span class=\"_ _9\"></span>xcee<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>d, the </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs32c\">ope<span class=\"_ _9\"></span>ratin<span class=\"_ _9\"></span>g environ<span class=\"_ _9\"></span>ment b<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>ome<span class=\"_ _9\"></span>s mo<span class=\"_ _9\"></span>re res<span class=\"_ _9\"></span>tri<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tive w<span class=\"_ _9\"></span>ith prov<span class=\"_ _9\"></span>isio<span class=\"_ _9\"></span>ns to en<span class=\"_ _9\"></span>coura<span class=\"_ _9\"></span>ge a re<span class=\"_ _9\"></span>duc<span class=\"_ _9\"></span>tio<span class=\"_ _9\"></span>n in ge<span class=\"_ _9\"></span>aring. The inter<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>t rate o<span class=\"_ _9\"></span>f eac<span class=\"_ _9\"></span>h MTN is fixed<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs32d\">until the ex<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ted m<span class=\"_ _9\"></span>aturi<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>, be<span class=\"_ _9\"></span>ing t<span class=\"_ _9\"></span>wo year<span class=\"_ _9\"></span>s b<span class=\"_ _9\"></span>efore th<span class=\"_ _9\"></span>e le<span class=\"_ _9\"></span>gal ma<span class=\"_ _9\"></span>turit<span class=\"_ _9\"></span>y d<span class=\"_ _9\"></span>ate of th<span class=\"_ _9\"></span>e MTN. The intere<span class=\"_ _9\"></span>st r<span class=\"_ _9\"></span>ate for th<span class=\"_ _9\"></span>e las<span class=\"_ _9\"></span>t t<span class=\"_ _9\"></span>wo ye<span class=\"_ _9\"></span>ars m<span class=\"_ _9\"></span>ay ei<span class=\"_ _9\"></span>ther<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs32e\">be<span class=\"_ _9\"></span>come fl<span class=\"_ _9\"></span>oa<span class=\"_ _9\"></span>ting on a SO<span class=\"_ _9\"></span>NIA basi<span class=\"_ _9\"></span>s plus a<span class=\"_ _9\"></span>n incre<span class=\"_ _9\"></span>ase<span class=\"_ _9\"></span>d margin (relati<span class=\"_ _9\"></span>ve to that a<span class=\"_ _9\"></span>t the time o<span class=\"_ _9\"></span>f issu<span class=\"_ _9\"></span>e<span class=\"_ _11\"></span>)<span class=\"_ _11\"></span>, o<span class=\"_ _9\"></span>r subjec<span class=\"_ _a\"></span>t to a fixed coup<span class=\"_ _9\"></span>on upl<span class=\"_ _9\"></span>if<span class=\"_ _9\"></span>t, dep<span class=\"_ _9\"></span>endi<span class=\"_ _9\"></span>ng </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs32f\">on the ter<span class=\"_ _9\"></span>ms and c<span class=\"_ _9\"></span>ondi<span class=\"_ _9\"></span>tions o<span class=\"_ _9\"></span>f the sp<span class=\"_ _9\"></span>ecific n<span class=\"_ _9\"></span>ote<span class=\"_ _9\"></span>s. </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs330\">The effe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tive in<span class=\"_ _9\"></span>teres<span class=\"_ _9\"></span>t ra<span class=\"_ _9\"></span>te is ba<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>d on the co<span class=\"_ _9\"></span>upo<span class=\"_ _9\"></span>n paid an<span class=\"_ _9\"></span>d inclu<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>s the amo<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tis<span class=\"_ _9\"></span>ation o<span class=\"_ _9\"></span>f issu<span class=\"_ _9\"></span>e cos<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s and dis<span class=\"_ _9\"></span>count to r<span class=\"_ _9\"></span>ede<span class=\"_ _9\"></span>mpti<span class=\"_ _9\"></span>on value. The MTNs<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs331\">are lis<span class=\"_ _9\"></span>ted o<span class=\"_ _9\"></span>n the Iri<span class=\"_ _9\"></span>sh Stock E<span class=\"_ _9\"></span>xchan<span class=\"_ _9\"></span>ge and th<span class=\"_ _9\"></span>eir fair valu<span class=\"_ _9\"></span>es are b<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>ed on th<span class=\"_ _9\"></span>eir re<span class=\"_ _9\"></span>spe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tive m<span class=\"_ _9\"></span>arket pri<span class=\"_ _9\"></span>ces. </div><div class=\"t m0 h11 ff1 fs9 fc2 sc0 ls3d ws2e gs332\">SYNDICA<span class=\"_ _11\"></span>TED AND<span class=\"_ _11\"></span> BIL<span class=\"_ _9\"></span>A<span class=\"_ _11\"></span>TER<span class=\"_ _9\"></span>AL BANK DEB<span class=\"_ _11\"></span>T<span class=\"_ _335\"> </span></div><div class=\"gs333\"><table class=\"s w269 hd6\" id=\"_7242fb2f-9b8d-4cee-9a2b-3560ca81b150\"><tr><td></td><td></td><td></td><td class=\"c n xc47 y336a w26a hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls1 ws1\">Authorised<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xc48 y336a w26b hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls78 ws7e\">Drawn<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xc49 y336a w26c hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls78 ws7e\">Undrawn<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"t m0 xc4a h15 y34bb ff2 fsd fc2 sc0 ls74 ws1\">Matu<span class=\"_ _9\"></span>rit<span class=\"_ _9\"></span>y as at<span class=\"_ _9\"></span> <span class=\"ls1\"> </span></td><td class=\"t m0 xc4b h15 y34bb ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 xc4c h15 y34bb ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td><td class=\"t m0 xc4d h15 y34bb ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 xc4e h15 y34bb ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td><td class=\"t m0 xc4f h15 y34bb ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 xc0d h15 y34bb ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 xc4a h15 y34bc ff2 fsd fc2 sc0 ls3f ws3c\">31 Ma<span class=\"_ _9\"></span>rc<span class=\"_ _9\"></span>h 2026<span class=\"_ _335\"> </span></td><td class=\"t m0 xc1d h15 y34bc ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 xc50 h15 y34bc ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 xc1f h15 y34bc ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 xc20 h15 y34bc ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 xc21 h15 y34bc ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 xc22 h15 y34bc ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32cb w26d hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Syndicat<span class=\"_ _2\"></span>ed debt<span class=\"_ _335\"> </span></div></td><td class=\"c n xc51 y32cb w26e hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">2027-30<span class=\"_ _335\"> </span></div></td><td class=\"c n xc52 y32cb w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">2,550<span class=\"_ _335\"> </span></div></td><td class=\"c n x85f y32cb w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">2,490<span class=\"_ _335\"> </span></div></td><td class=\"c n xc53 y32cb w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">746<span class=\"_ _335\"> </span></div></td><td class=\"c n xc54 y32cb w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">778<span class=\"_ _335\"> </span></div></td><td class=\"c n xc55 y32cb w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,804<span class=\"_ _335\"> </span></div></td><td class=\"c n xc56 y32cb w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,712<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w26f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Bilateral<span class=\"_ _2\"></span> debt<span class=\"_ _335\"> </span></div></td><td class=\"c n xc57 y32cc w270 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">2026<span class=\"_ _335\"> </span></div></td><td class=\"c n xc58 y32cc w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">100<span class=\"_ _335\"> </span></div></td><td class=\"c n xc59 y32cc w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">100<span class=\"_ _335\"> </span></div></td><td class=\"c n xc5a y32cc w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xc5b y32cc w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x564 y32cc w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">100<span class=\"_ _335\"> </span></div></td><td class=\"c n x565 y32cc w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">100<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td></td><td class=\"c n xc33 y32cd w19a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">2,650<span class=\"_ _335\"> </span></div></td><td class=\"c n xc5c y32cd w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">2,590<span class=\"_ _335\"> </span></div></td><td class=\"c n x655 y32cd w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">746<span class=\"_ _335\"> </span></div></td><td class=\"c n xc5d y32cd w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">778<span class=\"_ _335\"> </span></div></td><td class=\"c n xa56 y32cd w58 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,904<span class=\"_ _335\"> </span></div></td><td class=\"c n xb5b y32cd w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,812<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs334\">On 2 Ma<span class=\"_ _9\"></span>y 2025, the Gro<span class=\"_ _9\"></span>up put in p<span class=\"_ _9\"></span>lac<span class=\"_ _9\"></span>e a new \u00a3<span class=\"_ _9\"></span>300<span class=\"_ _9\"></span>m bank f<span class=\"_ _9\"></span>acili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y wit<span class=\"_ _9\"></span>h a final ma<span class=\"_ _9\"></span>turit<span class=\"_ _9\"></span>y of N<span class=\"_ _9\"></span>ovemb<span class=\"_ _9\"></span>er 2027<span class=\"_ _1\"></span>. On 13 Oc<span class=\"_ _9\"></span>tobe<span class=\"_ _9\"></span>r 2025, the Grou<span class=\"_ _9\"></span>p </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs335\">exercis<span class=\"_ _9\"></span>ed ex<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>nsio<span class=\"_ _9\"></span>n opti<span class=\"_ _9\"></span>ons o<span class=\"_ _9\"></span>n the exi<span class=\"_ _9\"></span>stin<span class=\"_ _9\"></span>g sy<span class=\"_ _9\"></span>ndica<span class=\"_ _9\"></span>ted f<span class=\"_ _9\"></span>acili<span class=\"_ _9\"></span>ties ex<span class=\"_ _a\"></span>tending ma<span class=\"_ _9\"></span>turit<span class=\"_ _9\"></span>y d<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>s to 2028 and 2030 on the sam<span class=\"_ _9\"></span>e terms. Dur<span class=\"_ _9\"></span>ing the ye<span class=\"_ _9\"></span>ar </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs336\">ende<span class=\"_ _9\"></span>d 31 March 2026<span class=\"_ _2\"></span>, the amo<span class=\"_ _9\"></span>unts dr<span class=\"_ _9\"></span>awn u<span class=\"_ _9\"></span>nder th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s fac<span class=\"_ _9\"></span>ilitie<span class=\"_ _9\"></span>s de<span class=\"_ _9\"></span>crea<span class=\"_ _9\"></span>sed by <span class=\"ff2 ls7e ws102\">\u00a3<span class=\"_ _9\"></span>32m</span>. At 3<span class=\"_ _11\"></span>1 Ma<span class=\"_ _9\"></span>rch 2026, the Group\u2019<span class=\"_ _11\"></span>s co<span class=\"_ _9\"></span>mmi<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>ted fac<span class=\"_ _9\"></span>ilitie<span class=\"_ _9\"></span>s </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls1 ws1 gs337\">tot<span class=\"_ _2\"></span>al<span class=\"_ _2\"></span>led <span class=\"_ _2\"></span><span class=\"ff2 ls92 ws9d\">\u00a3<span class=\"_ _9\"></span>2<span class=\"_ _a\"></span>,65<span class=\"_ _9\"></span>0<span class=\"_ _9\"></span>m<span class=\"_ _9\"></span><span class=\"ff3 ls22 ws1\"> (<span class=\"_ _9\"></span>2025: \u00a32,59<span class=\"_ _11\"></span>0<span class=\"_ _9\"></span>m<span class=\"_ _11\"></span>)<span class=\"_ _11\"></span>. All th<span class=\"_ _9\"></span>e comm<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>ted s<span class=\"_ _9\"></span>yn<span class=\"_ _9\"></span>dica<span class=\"_ _9\"></span>ted and b<span class=\"_ _9\"></span>ila<span class=\"_ _9\"></span>teral fac<span class=\"_ _9\"></span>ilitie<span class=\"_ _9\"></span>s are se<span class=\"_ _9\"></span>cure<span class=\"_ _9\"></span>d on the a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s of the S<span class=\"_ _9\"></span>ecur<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>y Gro<span class=\"_ _9\"></span>up.<span class=\"_ _335\"> </span></span></span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws29 gs338\">The term<span class=\"_ _9\"></span>s of the S<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>urit<span class=\"_ _9\"></span>y G<span class=\"_ _9\"></span>roup fun<span class=\"_ _9\"></span>ding arr<span class=\"_ _9\"></span>angem<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s re<span class=\"_ _9\"></span>quire und<span class=\"_ _9\"></span>rawn f<span class=\"_ _9\"></span>acili<span class=\"_ _9\"></span>ties to b<span class=\"_ _9\"></span>e res<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>ve<span class=\"_ _9\"></span>d wh<span class=\"_ _9\"></span>ere s<span class=\"_ _9\"></span>yndi<span class=\"_ _9\"></span>cate<span class=\"_ _9\"></span>d and bil<span class=\"_ _9\"></span>atera<span class=\"_ _9\"></span>l facili<span class=\"_ _9\"></span>ties m<span class=\"_ _9\"></span>ature<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs339\">withi<span class=\"_ _9\"></span>n one ye<span class=\"_ _9\"></span>ar<span class=\"_ _11\"></span>, or wh<span class=\"_ _9\"></span>en co<span class=\"_ _9\"></span>mme<span class=\"_ _9\"></span>rcial p<span class=\"_ _9\"></span>aper i<span class=\"_ _9\"></span>s issu<span class=\"_ _9\"></span>ed. The a<span class=\"_ _9\"></span>vailabl<span class=\"_ _9\"></span>e financi<span class=\"_ _9\"></span>al he<span class=\"_ _9\"></span>adro<span class=\"_ _9\"></span>om, bein<span class=\"_ _9\"></span>g the to<span class=\"_ _9\"></span>tal amoun<span class=\"_ _9\"></span>t of cash a<span class=\"_ _9\"></span>nd avail<span class=\"_ _9\"></span>able un<span class=\"_ _9\"></span>draw<span class=\"_ _9\"></span>n </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs33a\">facili<span class=\"_ _9\"></span>ties, n<span class=\"_ _9\"></span>et of c<span class=\"_ _9\"></span>omm<span class=\"_ _9\"></span>ercial p<span class=\"_ _9\"></span>ape<span class=\"_ _9\"></span>r<span class=\"_ _11\"></span>, at 31 March 2026 was <span class=\"ff2 ls120 ws156\">\u00a31,26<span class=\"_ _9\"></span>6<span class=\"_ _9\"></span>m</span> (<span class=\"_ _9\"></span>2025: \u00a3<span class=\"_ _11\"></span>1,<span class=\"_ _11\"></span>101m<span class=\"_ _11\"></span>)<span class=\"_ _1\"></span>.<span class=\"_ _9\"></span> </div>24<span class=\"_ _b2\"> </span><span class=\"fc4 lsd2 wsf3\">DERIV<span class=\"_ _11\"></span>A<span class=\"_ _11\"></span>TIVE<span class=\"_ _2\"></span> FINANCIAL<span class=\"_ _2\"></span> INSTRUMEN<span class=\"_ _2\"></span>TS<span class=\"_ _335\"> </span></span>A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>The Gr<span class=\"_ _9\"></span>oup use<span class=\"_ _9\"></span>s inter<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>t rate an<span class=\"_ _9\"></span>d fore<span class=\"_ _9\"></span>ign excha<span class=\"_ _9\"></span>nge s<span class=\"_ _9\"></span>waps and f<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>ward<span class=\"_ _9\"></span>s to mana<span class=\"_ _9\"></span>ge it<span class=\"_ _9\"></span>s market r<span class=\"_ _9\"></span>isk. In acc<span class=\"_ _9\"></span>ordan<span class=\"_ _9\"></span>ce wi<span class=\"_ _9\"></span>th it<span class=\"_ _9\"></span>s trea<span class=\"_ _9\"></span>sur<span class=\"_ _9\"></span>y p<span class=\"_ _9\"></span>olic<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>,<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> the Group<span class=\"_ _2\"></span> does not hold or issue<span class=\"_ _2\"></span> derivative<span class=\"_ _2\"></span> financia<span class=\"_ _2\"></span>l instruments for t<span class=\"_ _11\"></span>rading purposes.<span class=\"_ _335\"> </span>All de<span class=\"_ _9\"></span>rivati<span class=\"_ _9\"></span>ve financ<span class=\"_ _9\"></span>ial ins<span class=\"_ _9\"></span>tru<span class=\"_ _9\"></span>ment<span class=\"_ _9\"></span>s are re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>gnise<span class=\"_ _9\"></span>d on the b<span class=\"_ _9\"></span>alan<span class=\"_ _9\"></span>ce sh<span class=\"_ _9\"></span>ee<span class=\"_ _9\"></span>t at fair valu<span class=\"_ _9\"></span>e. The fair value of i<span class=\"_ _9\"></span>ntere<span class=\"_ _9\"></span>st-rate an<span class=\"_ _9\"></span>d fore<span class=\"_ _9\"></span>ign exchan<span class=\"_ _9\"></span>ge<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> swap<span class=\"_ _9\"></span>s is bas<span class=\"_ _9\"></span>ed o<span class=\"_ _9\"></span>n counte<span class=\"_ _9\"></span>rpar<span class=\"_ _a\"></span>ty o<span class=\"_ _9\"></span>r market qu<span class=\"_ _9\"></span>otes. Tho<span class=\"_ _9\"></span>se quo<span class=\"_ _9\"></span>tes ar<span class=\"_ _9\"></span>e tes<span class=\"_ _9\"></span>ted fo<span class=\"_ _9\"></span>r rea<span class=\"_ _9\"></span>son<span class=\"_ _9\"></span>able<span class=\"_ _9\"></span>nes<span class=\"_ _9\"></span>s by disc<span class=\"_ _9\"></span>ounting e<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>tima<span class=\"_ _9\"></span>ted fu<span class=\"_ _9\"></span>ture cas<span class=\"_ _9\"></span>h flows<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> bas<span class=\"_ _9\"></span>ed on th<span class=\"_ _9\"></span>e terms a<span class=\"_ _9\"></span>nd ma<span class=\"_ _9\"></span>turit<span class=\"_ _9\"></span>y o<span class=\"_ _9\"></span>f eac<span class=\"_ _9\"></span>h contra<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t and us<span class=\"_ _9\"></span>ing mar<span class=\"_ _9\"></span>ket rate<span class=\"_ _9\"></span>s for simil<span class=\"_ _9\"></span>ar ins<span class=\"_ _9\"></span>trum<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s at th<span class=\"_ _9\"></span>e me<span class=\"_ _9\"></span>asurem<span class=\"_ _9\"></span>ent d<span class=\"_ _9\"></span>ate. The gain or l<span class=\"_ _9\"></span>oss<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> on derivativ<span class=\"_ _2\"></span>e financ<span class=\"_ _2\"></span>ial instruments ar<span class=\"_ _2\"></span>e recognised immediat<span class=\"_ _2\"></span>ely in t<span class=\"_ _2\"></span>he income statement<span class=\"_ _11\"></span>, within net finance<span class=\"_ _2\"></span> expense<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>CARRYING<span class=\"_ _11\"></span> VALUE<span class=\"_ _11\"></span> OF DERIV<span class=\"_ _2\"></span>A<span class=\"_ _11\"></span>TIVE FINANCIAL<span class=\"_ _11\"></span> INSTRUMENTS<span class=\"_ _335\"> </span><table class=\"s w276 he4\" id=\"_b66172c7-9bfa-4a02-8136-88482f436d9b\"><tr><td></td><td class=\"t m0 x2ba h15 y34e2 ff2 fsd fc2 sc0 ls3f wsbc\">2026 </td><td class=\"t m0 x247 h15 y34e2 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24d h15 y34e3 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y34e3 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32c9 w277 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls31 ws45\">Current asset<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n x733 y32c9 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td><td class=\"c n xacc y32c9 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32ca w21c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Non-curren<span class=\"_ _2\"></span>t assets<span class=\"_ _335\"> </span></div></td><td class=\"c n x61d y32ca w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">25<span class=\"_ _335\"> </span></div></td><td class=\"c n x976 y32ca w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w278 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws33\">Current liabili<span class=\"_ _9\"></span>ties<span class=\"_ _335\"> </span></div></td><td class=\"c n x310 y32cb w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x535 y32cb w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(6)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w20f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws33\">Non-curr<span class=\"_ _9\"></span>ent liabiliti<span class=\"_ _9\"></span>es<span class=\"_ _335\"> </span></div></td><td class=\"c n x366 y32cc w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(22)<span class=\"_ _335\"> </span></div></td><td class=\"c n x956 y32cc w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n xace y32cd w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">9<span class=\"_ _335\"> </span></div></td><td class=\"c n xc7b y32cd w87 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(4)<span class=\"_ _335\"> </span></div></td></tr></table>25<span class=\"_ _b2\"> </span><span class=\"fc4 lsd2 wsf3\">FINANCIAL RISK MANA<span class=\"_ _11\"></span>GEMENT<span class=\"_ _335\"> </span></span>INTRODUC<span class=\"_ _9\"></span>TIO<span class=\"_ _9\"></span>N<span class=\"_ _335\"> </span>A review o<span class=\"_ _9\"></span>f the Gr<span class=\"_ _9\"></span>oup\u2019<span class=\"_ _11\"></span>s obj<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>ves, po<span class=\"_ _9\"></span>licie<span class=\"_ _9\"></span>s and p<span class=\"_ _9\"></span>roce<span class=\"_ _9\"></span>ss<span class=\"_ _9\"></span>es for m<span class=\"_ _9\"></span>anag<span class=\"_ _9\"></span>ing and m<span class=\"_ _9\"></span>onito<span class=\"_ _9\"></span>ring ri<span class=\"_ _9\"></span>sk is se<span class=\"_ _9\"></span>t ou<span class=\"_ _9\"></span>t in \u2019Managi<span class=\"_ _9\"></span>ng risk<span class=\"_ _9\"></span>\u2019 an<span class=\"_ _9\"></span>d \u2019Our princ<span class=\"_ _9\"></span>ipal ri<span class=\"_ _9\"></span>sks<span class=\"_ _9\"></span> and uncertainti<span class=\"_ _2\"></span>es\u2019 (<span class=\"_ _2\"></span>pages 40-46)<span class=\"_ _1\"></span>. Th<span class=\"_ _2\"></span>is note pro<span class=\"_ _11\"></span>v<span class=\"_ _9\"></span>ides further detail on<span class=\"_ _2\"></span> financia<span class=\"_ _2\"></span>l risk ma<span class=\"_ _2\"></span>nagement and i<span class=\"_ _2\"></span>ncludes quant<span class=\"_ _2\"></span>itative<span class=\"_ _2\"></span> informati<span class=\"_ _2\"></span>on on specific financial r<span class=\"_ _2\"></span>isks.<span class=\"_ _335\"> </span>The Gr<span class=\"_ _9\"></span>oup is ex<span class=\"_ _9\"></span>pos<span class=\"_ _9\"></span>ed to a varie<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y of fina<span class=\"_ _9\"></span>ncial ri<span class=\"_ _9\"></span>sks: market ri<span class=\"_ _9\"></span>sks (pr<span class=\"_ _9\"></span>incip<span class=\"_ _9\"></span>ally inte<span class=\"_ _9\"></span>res<span class=\"_ _9\"></span>t ra<span class=\"_ _9\"></span>te risk)<span class=\"_ _11\"></span>, cred<span class=\"_ _9\"></span>it ris<span class=\"_ _9\"></span>k and liqui<span class=\"_ _9\"></span>dit<span class=\"_ _9\"></span>y ri<span class=\"_ _9\"></span>sk. The Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s overa<span class=\"_ _9\"></span>ll risk management<span class=\"_ _2\"></span> strategy seeks to mi<span class=\"_ _2\"></span>nimise t<span class=\"_ _2\"></span>he potentia<span class=\"_ _2\"></span>l adverse effects of these on t<span class=\"_ _2\"></span>he Group<span class=\"_ _2\"></span>\u2019<span class=\"_ _11\"></span>s financia<span class=\"_ _11\"></span>l per<span class=\"_ _9\"></span>formance and incl<span class=\"_ _2\"></span>udes the use of der<span class=\"_ _9\"></span>ivati<span class=\"_ _9\"></span>ve financ<span class=\"_ _9\"></span>ial ins<span class=\"_ _9\"></span>trum<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s to he<span class=\"_ _9\"></span>dge ce<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tain ri<span class=\"_ _9\"></span>sk exp<span class=\"_ _9\"></span>osure<span class=\"_ _9\"></span>s.<span class=\"_ _335\"> </span>Finan<span class=\"_ _9\"></span>cial ris<span class=\"_ _9\"></span>k mana<span class=\"_ _9\"></span>gem<span class=\"_ _9\"></span>ent is c<span class=\"_ _9\"></span>arrie<span class=\"_ _9\"></span>d out by th<span class=\"_ _9\"></span>e Grou<span class=\"_ _9\"></span>p\u2019<span class=\"_ _11\"></span>s tre<span class=\"_ _9\"></span>asur<span class=\"_ _9\"></span>y fu<span class=\"_ _9\"></span>nc<span class=\"_ _9\"></span>tio<span class=\"_ _9\"></span>n unde<span class=\"_ _9\"></span>r poli<span class=\"_ _9\"></span>cies a<span class=\"_ _9\"></span>pprove<span class=\"_ _9\"></span>d by the B<span class=\"_ _9\"></span>oard o<span class=\"_ _9\"></span>f Dire<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tor<span class=\"_ _9\"></span>s, except w<span class=\"_ _9\"></span>he<span class=\"_ _9\"></span>re the<span class=\"_ _9\"></span> relevan<span class=\"_ _9\"></span>t arrang<span class=\"_ _9\"></span>eme<span class=\"_ _9\"></span>nts h<span class=\"_ _9\"></span>ave be<span class=\"_ _9\"></span>en p<span class=\"_ _9\"></span>ut in pl<span class=\"_ _9\"></span>ace by an in<span class=\"_ _9\"></span>divi<span class=\"_ _9\"></span>dual sub<span class=\"_ _9\"></span>sidiar<span class=\"_ _a\"></span>y or a joint ven<span class=\"_ _9\"></span>ture level p<span class=\"_ _9\"></span>rior to a<span class=\"_ _9\"></span>cquis<span class=\"_ _9\"></span>ition.<span class=\"_ _335\"> </span>The Gr<span class=\"_ _9\"></span>oup as<span class=\"_ _9\"></span>ses<span class=\"_ _9\"></span>ses w<span class=\"_ _9\"></span>he<span class=\"_ _9\"></span>ther i<span class=\"_ _9\"></span>t inten<span class=\"_ _9\"></span>ds to hol<span class=\"_ _9\"></span>d it<span class=\"_ _9\"></span>s financi<span class=\"_ _9\"></span>al ass<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s to coll<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>t th<span class=\"_ _9\"></span>e contr<span class=\"_ _9\"></span>ac<span class=\"_ _9\"></span>tual c<span class=\"_ _9\"></span>ash flow<span class=\"_ _9\"></span>s, or whe<span class=\"_ _9\"></span>the<span class=\"_ _9\"></span>r it inte<span class=\"_ _9\"></span>nds to se<span class=\"_ _9\"></span>ll them b<span class=\"_ _9\"></span>efo<span class=\"_ _9\"></span>re maturity and classifi<span class=\"_ _2\"></span>es its financia<span class=\"_ _2\"></span>l instruments int<span class=\"_ _11\"></span>o the appropriate<span class=\"_ _2\"></span> categories<span class=\"_ _2\"></span>. The follo<span class=\"_ _11\"></span>w<span class=\"_ _9\"></span>ing ta<span class=\"_ _2\"></span>ble summa<span class=\"_ _2\"></span>rises the Grou<span class=\"_ _2\"></span>p\u2019<span class=\"_ _1\"></span>s financial assets and liab<span class=\"_ _9\"></span>ilitie<span class=\"_ _9\"></span>s into the ca<span class=\"_ _9\"></span>teg<span class=\"_ _9\"></span>orie<span class=\"_ _9\"></span>s req<span class=\"_ _9\"></span>uired by IFRS 7 F<span class=\"_ _9\"></span>inanc<span class=\"_ _9\"></span>ial Ins<span class=\"_ _9\"></span>trum<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s: Disclo<span class=\"_ _9\"></span>sures:<span class=\"_ _335\"> </span><table class=\"s w279 hee\" id=\"_1f471e6e-10ad-403e-87b7-17bb5c2c3d9f\"><tr><td></td><td></td><td class=\"c n x2b6 y34e4 w4e hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls76 ws13e\">Group<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n x2b7 y34e4 w4f hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls3f wsbc\">Co<span class=\"_ _9\"></span>m<span class=\"_ _9\"></span>pa<span class=\"_ _9\"></span>ny<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"t m0 x2b8 h15 y34e5 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x2b9 h15 y34e5 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td><td class=\"t m0 x2ba h15 y34e5 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y34e5 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24b h15 y34e6 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y34e6 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y34e6 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y34e6 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32e1 w27a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Financial<span class=\"_ _2\"></span> assets at amortised cos<span class=\"_ _9\"></span>t<span class=\"_ _335\"> </span></div></td><td class=\"c n x2d8 y32e1 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">494<span class=\"_ _335\"> </span></div></td><td class=\"c n x2d9 y32e1 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">551<span class=\"_ _335\"> </span></div></td><td class=\"c n x2da y32e1 w37 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x2cd y32e1 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32c9 w61 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls65 ws90\">Cash and cash equivalents<span class=\"_ _335\"> </span></div></td><td class=\"c n x562 y32c9 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">106<span class=\"_ _335\"> </span></div></td><td class=\"c n x326 y32c9 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">39<span class=\"_ _335\"> </span></div></td><td class=\"c n x3e7 y32c9 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xc7c y32c9 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32ca w27b hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws33\">Financi<span class=\"_ _9\"></span>al liabilitie<span class=\"_ _9\"></span>s at amor<span class=\"_ _a\"></span>tised cos<span class=\"_ _9\"></span>t<span class=\"_ _335\"> </span></div></td><td class=\"c n xc7d y32ca w6e hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(4,777)<span class=\"_ _335\"> </span></div></td><td class=\"c n xc7e y32ca w6f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(5,004)<span class=\"_ _335\"> </span></div></td><td class=\"c n xc7f y32ca w69 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(1,657)<span class=\"_ _335\"> </span></div></td><td class=\"c n xc80 y32ca w6f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(1,750)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w27c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Financial<span class=\"_ _2\"></span> instruments at fai<span class=\"_ _2\"></span>r val<span class=\"_ _2\"></span>ue throug<span class=\"_ _2\"></span>h profit<span class=\"_ _2\"></span> or loss<span class=\"_ _335\"> </span></div></td><td class=\"c n xc81 y32cb w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">19<span class=\"_ _335\"> </span></div></td><td class=\"c n xc82 y32cb w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n xc83 y32cb w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xc84 y32cb w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w268 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws33\">Redemp<span class=\"_ _9\"></span>tion liabili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _335\"> </span></div></td><td class=\"c n x753 y32cc w2b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(18)<span class=\"_ _335\"> </span></div></td><td class=\"c n xc85 y32cc w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x412 y32cc w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x413 y32cc w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n xc86 y32cd w69 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(4,176)<span class=\"_ _335\"> </span></div></td><td class=\"c n xc87 y32cd w6a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(4,410)<span class=\"_ _335\"> </span></div></td><td class=\"c n xc88 y32cd w69 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(1,657)<span class=\"_ _335\"> </span></div></td><td class=\"c n xc89 y32cd w6a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(1,749)<span class=\"_ _335\"> </span></div></td></tr></table><div class=\"t m0 h12 ff1 fsa fc2 sc0 ls3b ws38 gs35a\">FINANCIAL<span class=\"_ _2\"></span> RISK F<span class=\"_ _11\"></span>A<span class=\"_ _2\"></span>CTORS<span class=\"_ _335\"> </span></div><div class=\"t m0 h4a ff1 fs1 fc2 sc0 ls1 ws1 gs35b\">(i<span class=\"_ _11\"></span><span class=\"lsdb wsfd\">) CREDIT RISK<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls81 ws28 gs35c\">The Group<span class=\"_ _2\"></span>\u2019<span class=\"_ _11\"></span>s princi<span class=\"_ _2\"></span>pal financi<span class=\"_ _2\"></span>al assets are cas<span class=\"_ _2\"></span>h and cas<span class=\"_ _2\"></span>h equivalen<span class=\"_ _2\"></span>ts, trade<span class=\"_ _11\"></span> and other receivables, net i<span class=\"_ _11\"></span>nvestment in fina<span class=\"_ _2\"></span>nce leases and a<span class=\"_ _2\"></span>mounts due </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls80 ws1 gs35d\">from jo<span class=\"_ _9\"></span>int venture<span class=\"_ _9\"></span>s. F<span class=\"_ _2\"></span>ur<span class=\"_ _9\"></span>the<span class=\"_ _9\"></span>r detai<span class=\"_ _9\"></span>ls con<span class=\"_ _9\"></span>cerni<span class=\"_ _9\"></span>ng the cr<span class=\"_ _9\"></span>edi<span class=\"_ _9\"></span>t risk of c<span class=\"_ _9\"></span>ounte<span class=\"_ _9\"></span>rpar<span class=\"_ _a\"></span>ties is prov<span class=\"_ _9\"></span>ide<span class=\"_ _9\"></span>d in the n<span class=\"_ _9\"></span>ote tha<span class=\"_ _9\"></span>t spe<span class=\"_ _9\"></span>cificall<span class=\"_ _9\"></span>y rel<span class=\"_ _9\"></span>ates to e<span class=\"_ _9\"></span>ach t<span class=\"_ _9\"></span>y<span class=\"_ _9\"></span>pe o<span class=\"_ _9\"></span>f ass<span class=\"_ _9\"></span>et.<span class=\"_ _335\"> </span></div><div class=\"t m0 h4a ff1 fs1 fc2 sc0 lsd0 wsa4 gs35e\">BANK AND<span class=\"_ _11\"></span> FINANCIAL INSTIT<span class=\"_ _2\"></span>UTIONS<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs35f\">The pr<span class=\"_ _9\"></span>incip<span class=\"_ _9\"></span>al cre<span class=\"_ _9\"></span>dit ris<span class=\"_ _9\"></span>ks of th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up arise f<span class=\"_ _9\"></span>rom finan<span class=\"_ _9\"></span>cial de<span class=\"_ _9\"></span>riva<span class=\"_ _9\"></span>tive ins<span class=\"_ _9\"></span>tru<span class=\"_ _9\"></span>ment<span class=\"_ _9\"></span>s and d<span class=\"_ _9\"></span>epo<span class=\"_ _9\"></span>sit<span class=\"_ _9\"></span>s wi<span class=\"_ _9\"></span>th bank<span class=\"_ _9\"></span>s and fina<span class=\"_ _9\"></span>ncial in<span class=\"_ _9\"></span>sti<span class=\"_ _9\"></span>tuti<span class=\"_ _9\"></span>ons. In line wi<span class=\"_ _9\"></span>th </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs360\">the po<span class=\"_ _9\"></span>lic<span class=\"_ _9\"></span>y appr<span class=\"_ _9\"></span>oved by the B<span class=\"_ _9\"></span>oar<span class=\"_ _9\"></span>d of Dire<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tor<span class=\"_ _9\"></span>s, financi<span class=\"_ _9\"></span>al ins<span class=\"_ _9\"></span>trum<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s, inclu<span class=\"_ _9\"></span>ding de<span class=\"_ _9\"></span>riva<span class=\"_ _9\"></span>tives an<span class=\"_ _9\"></span>d cash d<span class=\"_ _9\"></span>ep<span class=\"_ _9\"></span>osit<span class=\"_ _9\"></span>s, are onl<span class=\"_ _9\"></span>y pla<span class=\"_ _9\"></span>ce<span class=\"_ _9\"></span>d with b<span class=\"_ _9\"></span>ank<span class=\"_ _9\"></span>s and </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs361\">financi<span class=\"_ _9\"></span>al ins<span class=\"_ _9\"></span>titu<span class=\"_ _9\"></span>tions w<span class=\"_ _9\"></span>ith a min<span class=\"_ _9\"></span>imum cre<span class=\"_ _9\"></span>dit ra<span class=\"_ _9\"></span>ting of B<span class=\"_ _9\"></span>BB+ or e<span class=\"_ _9\"></span>qui<span class=\"_ _9\"></span>valent. The G<span class=\"_ _9\"></span>roup aim<span class=\"_ _9\"></span>s to plac<span class=\"_ _9\"></span>e financi<span class=\"_ _9\"></span>al ins<span class=\"_ _9\"></span>trum<span class=\"_ _9\"></span>ent tran<span class=\"_ _9\"></span>sac<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>ons w<span class=\"_ _9\"></span>ith b<span class=\"_ _9\"></span>anks<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs362\">and financ<span class=\"_ _9\"></span>ial ins<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>tutio<span class=\"_ _9\"></span>ns wi<span class=\"_ _9\"></span>th whic<span class=\"_ _9\"></span>h it ha<span class=\"_ _9\"></span>s a commi<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>ted l<span class=\"_ _9\"></span>endin<span class=\"_ _9\"></span>g rela<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>ship. The Group\u2019<span class=\"_ _2\"></span>s treas<span class=\"_ _9\"></span>ur<span class=\"_ _9\"></span>y fun<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tion p<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>fo<span class=\"_ _9\"></span>rms re<span class=\"_ _9\"></span>gular r<span class=\"_ _9\"></span>eview<span class=\"_ _9\"></span>s of the<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs363\">cred<span class=\"_ _9\"></span>it rat<span class=\"_ _9\"></span>ings of al<span class=\"_ _9\"></span>l financia<span class=\"_ _9\"></span>l counte<span class=\"_ _9\"></span>rpar<span class=\"_ _a\"></span>ties and m<span class=\"_ _9\"></span>onito<span class=\"_ _9\"></span>rs th<span class=\"_ _9\"></span>e exis<span class=\"_ _9\"></span>ting d<span class=\"_ _9\"></span>eri<span class=\"_ _9\"></span>vative<span class=\"_ _9\"></span>s and ca<span class=\"_ _9\"></span>sh inves<span class=\"_ _9\"></span>tme<span class=\"_ _9\"></span>nt exp<span class=\"_ _9\"></span>osure<span class=\"_ _9\"></span>s to ensur<span class=\"_ _9\"></span>e that th<span class=\"_ _9\"></span>ey remai<span class=\"_ _9\"></span>n </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls36 ws33 gs364\">within the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _11\"></span>s po<span class=\"_ _9\"></span>licy lim<span class=\"_ _9\"></span>its.<span class=\"_ _335\"> </span></div><div class=\"t m0 h4a ff1 fs1 fc2 sc0 lse3 ws1a gs365\">TR<span class=\"_ _9\"></span>AD<span class=\"_ _9\"></span>E RECEIVABLES<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs366\">T<span class=\"_ _11\"></span>rade receivables<span class=\"_ _2\"></span> are present<span class=\"_ _2\"></span>ed in the<span class=\"_ _2\"></span> balance sheet net of a<span class=\"_ _2\"></span>llowances<span class=\"_ _2\"></span> for doubtful receiva<span class=\"_ _2\"></span>bles. T<span class=\"_ _2\"></span>he Group assesses on a<span class=\"_ _11\"></span> for<span class=\"_ _9\"></span>ward-looking basi<span class=\"_ _2\"></span>s </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs367\">the exp<span class=\"_ _9\"></span>ec<span class=\"_ _a\"></span>ted cred<span class=\"_ _9\"></span>it los<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>s ass<span class=\"_ _9\"></span>ocia<span class=\"_ _9\"></span>ted w<span class=\"_ _9\"></span>ith i<span class=\"_ _9\"></span>ts tra<span class=\"_ _9\"></span>de re<span class=\"_ _9\"></span>ceiva<span class=\"_ _9\"></span>ble<span class=\"_ _9\"></span>s. A provisio<span class=\"_ _9\"></span>n for im<span class=\"_ _9\"></span>pairm<span class=\"_ _9\"></span>ent is m<span class=\"_ _9\"></span>ade f<span class=\"_ _9\"></span>or the lif<span class=\"_ _9\"></span>etim<span class=\"_ _9\"></span>e exp<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d cre<span class=\"_ _9\"></span>dit lo<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>s on<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs368\">initial r<span class=\"_ _9\"></span>eco<span class=\"_ _9\"></span>gniti<span class=\"_ _9\"></span>on of the r<span class=\"_ _9\"></span>ece<span class=\"_ _9\"></span>ivabl<span class=\"_ _9\"></span>e. In determin<span class=\"_ _9\"></span>ing the ex<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ted c<span class=\"_ _9\"></span>redi<span class=\"_ _9\"></span>t los<span class=\"_ _9\"></span>ses, th<span class=\"_ _9\"></span>e Group takes in<span class=\"_ _9\"></span>to acco<span class=\"_ _9\"></span>unt any rec<span class=\"_ _9\"></span>ent pa<span class=\"_ _9\"></span>ym<span class=\"_ _9\"></span>ent b<span class=\"_ _9\"></span>eha<span class=\"_ _9\"></span>vio<span class=\"_ _9\"></span>urs<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs369\">and fu<span class=\"_ _9\"></span>ture exp<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>ta<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>s of likely de<span class=\"_ _9\"></span>faul<span class=\"_ _9\"></span>t event<span class=\"_ _9\"></span>s (i.<span class=\"_ _11\"></span>e. not m<span class=\"_ _9\"></span>aking p<span class=\"_ _9\"></span>ay<span class=\"_ _9\"></span>ment o<span class=\"_ _9\"></span>n the du<span class=\"_ _9\"></span>e date) based o<span class=\"_ _9\"></span>n indi<span class=\"_ _9\"></span>vidu<span class=\"_ _9\"></span>al cus<span class=\"_ _9\"></span>tom<span class=\"_ _9\"></span>er cre<span class=\"_ _9\"></span>dit ra<span class=\"_ _9\"></span>tings, a<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tual<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs36a\">or expected insolvency filings<span class=\"_ _2\"></span> or compan<span class=\"_ _2\"></span>y volun<span class=\"_ _2\"></span>tary arrangements,<span class=\"_ _11\"></span> likely deferra<span class=\"_ _2\"></span>ls of payments due<span class=\"_ _11\"></span>, agreed rent concessions and<span class=\"_ _2\"></span> mark<span class=\"_ _2\"></span>et </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs36b\">expec<span class=\"_ _9\"></span>tations a<span class=\"_ _2\"></span>nd trends<span class=\"_ _2\"></span> in the<span class=\"_ _2\"></span> wider macroeconomic en<span class=\"_ _2\"></span>vironment i<span class=\"_ _2\"></span>n which our<span class=\"_ _11\"></span> cus<span class=\"_ _9\"></span>tomers operate<span class=\"_ _11\"></span>. These assessments are made on a c<span class=\"_ _2\"></span>ustomer </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls65 ws90 gs36c\">by customer basis.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls1e ws28 gs36d\">T<span class=\"_ _11\"></span>o limit<span class=\"_ _2\"></span> the Group<span class=\"_ _11\"></span>\u2019<span class=\"_ _2\"></span>s exposure<span class=\"_ _11\"></span> to credit risk on t<span class=\"_ _11\"></span>rade receivables, a cr<span class=\"_ _2\"></span>edit repor<span class=\"_ _9\"></span>t is us<span class=\"_ _2\"></span>ually obta<span class=\"_ _2\"></span>ined from a<span class=\"_ _2\"></span>n independent r<span class=\"_ _2\"></span>ating agency prior<span class=\"_ _2\"></span> to </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls50 ws1 gs36e\">the inc<span class=\"_ _9\"></span>epti<span class=\"_ _9\"></span>on of a le<span class=\"_ _9\"></span>ase w<span class=\"_ _9\"></span>ith a n<span class=\"_ _9\"></span>ew counte<span class=\"_ _9\"></span>rpar<span class=\"_ _a\"></span>ty<span class=\"_ _11\"></span>. Thi<span class=\"_ _9\"></span>s rep<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>t, alo<span class=\"_ _9\"></span>ngsi<span class=\"_ _9\"></span>de the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _11\"></span>s in<span class=\"_ _9\"></span>ternal a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>ss<span class=\"_ _9\"></span>ment o<span class=\"_ _9\"></span>f cre<span class=\"_ _9\"></span>dit ris<span class=\"_ _9\"></span>k, is us<span class=\"_ _9\"></span>ed to de<span class=\"_ _9\"></span>term<span class=\"_ _9\"></span>ine the<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls50 ws1 gs36f\">size of th<span class=\"_ _9\"></span>e dep<span class=\"_ _9\"></span>osit th<span class=\"_ _9\"></span>at is r<span class=\"_ _9\"></span>equir<span class=\"_ _9\"></span>ed, if any<span class=\"_ _11\"></span>, from th<span class=\"_ _9\"></span>e tenant a<span class=\"_ _9\"></span>t ince<span class=\"_ _9\"></span>ptio<span class=\"_ _9\"></span>n. In gener<span class=\"_ _9\"></span>al, these d<span class=\"_ _9\"></span>epo<span class=\"_ _9\"></span>sit<span class=\"_ _9\"></span>s repr<span class=\"_ _9\"></span>ese<span class=\"_ _9\"></span>nt be<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>wee<span class=\"_ _9\"></span>n thre<span class=\"_ _9\"></span>e and six m<span class=\"_ _9\"></span>onth<span class=\"_ _9\"></span>s\u2019 rent.<span class=\"_ _335\"> </span></div><div class=\"t m0 h4a ff1 fs1 fc2 sc0 ls1c ws1 gs370\">NE<span class=\"_ _9\"></span>T IN<span class=\"_ _9\"></span>VE<span class=\"_ _9\"></span>S<span class=\"_ _9\"></span>TM<span class=\"_ _9\"></span>E<span class=\"_ _9\"></span>NT IN F<span class=\"_ _9\"></span>IN<span class=\"_ _9\"></span>AN<span class=\"_ _9\"></span>C<span class=\"_ _9\"></span>E LE<span class=\"_ _9\"></span>A<span class=\"_ _9\"></span>SE<span class=\"_ _9\"></span>S<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs371\">This ba<span class=\"_ _9\"></span>lanc<span class=\"_ _9\"></span>e rela<span class=\"_ _9\"></span>tes to am<span class=\"_ _9\"></span>ount<span class=\"_ _9\"></span>s rec<span class=\"_ _9\"></span>eivab<span class=\"_ _9\"></span>le from te<span class=\"_ _9\"></span>nant<span class=\"_ _9\"></span>s in res<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t of ten<span class=\"_ _9\"></span>ant financ<span class=\"_ _9\"></span>e le<span class=\"_ _9\"></span>ases. This i<span class=\"_ _9\"></span>s not c<span class=\"_ _9\"></span>onsi<span class=\"_ _9\"></span>dere<span class=\"_ _9\"></span>d a signific<span class=\"_ _9\"></span>ant cre<span class=\"_ _9\"></span>dit ri<span class=\"_ _9\"></span>sk as the<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs372\">tenants ar<span class=\"_ _2\"></span>e generally<span class=\"_ _2\"></span> of good financi<span class=\"_ _2\"></span>al standi<span class=\"_ _2\"></span>ng.<span class=\"_ _335\"> </span></div><div class=\"t m0 h4a ff1 fs1 fc2 sc0 ls1 ws1 gs373\">(<span class=\"ls53 wsf4\">ii<span class=\"_ _2\"></span><span class=\"lsdb wsfd\">) L<span class=\"_ _2\"></span>IQUIDITY RISK<span class=\"_ _335\"> </span></span></span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs374\">The Gr<span class=\"_ _9\"></span>oup has a w<span class=\"_ _9\"></span>ell spr<span class=\"_ _9\"></span>ead d<span class=\"_ _9\"></span>ebt an<span class=\"_ _9\"></span>d facil<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>y ma<span class=\"_ _9\"></span>turit<span class=\"_ _9\"></span>y p<span class=\"_ _9\"></span>rofile w<span class=\"_ _9\"></span>ith exp<span class=\"_ _9\"></span>ec<span class=\"_ _a\"></span>ted matur<span class=\"_ _9\"></span>itie<span class=\"_ _9\"></span>s on it<span class=\"_ _9\"></span>s MTNs be<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>wee<span class=\"_ _9\"></span>n 2027 and 2057 and dive<span class=\"_ _9\"></span>rsifie<span class=\"_ _9\"></span>d </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs375\">shor<span class=\"_ _a\"></span>ter<span class=\"_ _2\"></span>-term ma<span class=\"_ _9\"></span>turiti<span class=\"_ _9\"></span>es in co<span class=\"_ _9\"></span>mme<span class=\"_ _9\"></span>rcial p<span class=\"_ _9\"></span>ape<span class=\"_ _9\"></span>r and co<span class=\"_ _9\"></span>mmit<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d bank f<span class=\"_ _9\"></span>acili<span class=\"_ _9\"></span>ties, tha<span class=\"_ _9\"></span>t are de<span class=\"_ _9\"></span>sign<span class=\"_ _9\"></span>ed to en<span class=\"_ _9\"></span>sure tha<span class=\"_ _9\"></span>t the Gr<span class=\"_ _9\"></span>oup has s<span class=\"_ _9\"></span>ufficien<span class=\"_ _9\"></span>t availab<span class=\"_ _9\"></span>le<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs376\">funds for<span class=\"_ _2\"></span> its operations, c<span class=\"_ _2\"></span>ommitted capital e<span class=\"_ _2\"></span>xpenditure progr<span class=\"_ _2\"></span>amme and<span class=\"_ _2\"></span> refinanc<span class=\"_ _2\"></span>ing of u<span class=\"_ _2\"></span>pcoming matur<span class=\"_ _2\"></span>ing debt<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs377\">Management monitors<span class=\"_ _2\"></span> the Group<span class=\"_ _11\"></span>\u2019<span class=\"_ _2\"></span>s availa<span class=\"_ _11\"></span>b<span class=\"_ _9\"></span>le financ<span class=\"_ _2\"></span>ial headroom as<span class=\"_ _2\"></span> follows<span class=\"_ _11\"></span>:<span class=\"_ _335\"> </span></div><div class=\"gs378\"><table class=\"s w1b he4\" id=\"_a6b2f3b1-a9ce-476a-8637-bc20679af117\"><tr><td></td><td class=\"t m0 x2ba h15 y34e7 ff2 fsd fc2 sc0 ls3f wsbc\">2026 </td><td class=\"t m0 x247 h15 y34e7 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24d h15 y34e8 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y34e8 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32e2 w61 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls65 ws90\">Cash and cash equivalents<span class=\"_ _335\"> </span></div></td><td class=\"c n x72c y32e2 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">106<span class=\"_ _335\"> </span></div></td><td class=\"c n x61e y32e2 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">39<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e3 w27d hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls19 ws29\">Undraw<span class=\"_ _9\"></span>n facili<span class=\"_ _9\"></span>ties<span class=\"_ _335\"> </span></div></td><td class=\"c n xc8a y32e3 w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,904<span class=\"_ _335\"> </span></div></td><td class=\"c n xc8b y32e3 w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,812<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e4 w27e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Commercial paper<span class=\"_ _335\"> </span></div></td><td class=\"c n xc8c y32e4 w28 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(744)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa7e y32e4 w29 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(750)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w27f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls37 ws34\">Cash and availab<span class=\"_ _9\"></span>le undraw<span class=\"_ _9\"></span>n facilities<span class=\"_ _335\"> </span></div></td><td class=\"c n xc8d y32cc w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,266<span class=\"_ _335\"> </span></div></td><td class=\"c n xc8e y32cc w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,101<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y32cd wd7 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">As a p<span class=\"_ _9\"></span>ropo<span class=\"_ _9\"></span>rtio<span class=\"_ _9\"></span>n of draw<span class=\"_ _9\"></span>n deb<span class=\"_ _9\"></span>t</div><div class=\"t m0 x4f8 h16 y32a3 ff2 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xc8f y32cd wb1 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">28.9%<span class=\"_ _335\"> </span></div></td><td class=\"c n xc90 y32cd wb2 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">24.9%<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls5 ws1 gs379\">1. <span class=\"_ _9\"></span>B<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>ed o<span class=\"_ _9\"></span>n no<span class=\"_ _9\"></span>min<span class=\"_ _9\"></span>al val<span class=\"_ _9\"></span>ue<span class=\"_ _9\"></span>s, inc<span class=\"_ _9\"></span>lud<span class=\"_ _9\"></span>ing MT<span class=\"_ _9\"></span>Ns an<span class=\"_ _9\"></span>d com<span class=\"_ _9\"></span>me<span class=\"_ _9\"></span>rci<span class=\"_ _9\"></span>al p<span class=\"_ _9\"></span>ap<span class=\"_ _9\"></span>er<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs37a\">The Group<span class=\"_ _2\"></span>\u2019<span class=\"_ _11\"></span>s core fi<span class=\"_ _2\"></span>nancing structure is i<span class=\"_ _2\"></span>n the Secur<span class=\"_ _2\"></span>ity Group,<span class=\"_ _2\"></span> although t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>e Non-<span class=\"_ _2\"></span>restricted Group may also secur<span class=\"_ _2\"></span>e independent fund<span class=\"_ _11\"></span>ing.<span class=\"_ _335\"> </span></div><div class=\"t m0 h4a ff1 fs1 fc2 sc0 ls1 wsa9 gs37b\">SECURITY GROUP<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs37c\">The Group<span class=\"_ _2\"></span>\u2019<span class=\"_ _11\"></span>s principa<span class=\"_ _2\"></span>l financi<span class=\"_ _11\"></span>ng arrangements utilise<span class=\"_ _2\"></span> the credit s<span class=\"_ _2\"></span>uppor<span class=\"_ _9\"></span>t of a<span class=\"_ _2\"></span> ring-<span class=\"_ _11\"></span>fence<span class=\"_ _9\"></span>d group<span class=\"_ _11\"></span> of asset<span class=\"_ _9\"></span>s (<span class=\"_ _11\"></span>the Securit<span class=\"_ _9\"></span>y Group<span class=\"_ _11\"></span>) that com<span class=\"_ _2\"></span>prises </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs37d\">the maj<span class=\"_ _2\"></span>ority of the Group<span class=\"_ _11\"></span>\u2019<span class=\"_ _2\"></span>s in<span class=\"_ _2\"></span>vestment properties, development<span class=\"_ _2\"></span> proper<span class=\"_ _9\"></span>ties and<span class=\"_ _2\"></span> a number of<span class=\"_ _11\"></span> investments in other assets.<span class=\"_ _11\"></span> The<span class=\"_ _9\"></span>se arra<span class=\"_ _2\"></span>ngements </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs37e\">ope<span class=\"_ _9\"></span>rate in \u2018<span class=\"_ _9\"></span>tier<span class=\"_ _9\"></span>s\u2019 deter<span class=\"_ _9\"></span>mine<span class=\"_ _9\"></span>d by L<span class=\"_ _11\"></span>T<span class=\"_ _9\"></span>V and inte<span class=\"_ _9\"></span>res<span class=\"_ _9\"></span>t cove<span class=\"_ _9\"></span>r ratio (ICR)<span class=\"_ _1\"></span>. Thi<span class=\"_ _9\"></span>s str<span class=\"_ _9\"></span>uc<span class=\"_ _9\"></span>tur<span class=\"_ _9\"></span>e is mos<span class=\"_ _9\"></span>t fle<span class=\"_ _9\"></span>xibl<span class=\"_ _9\"></span>e at lowe<span class=\"_ _9\"></span>r tier<span class=\"_ _9\"></span>s (with a lower L<span class=\"_ _2\"></span>T<span class=\"_ _9\"></span>V and a high<span class=\"_ _9\"></span>er </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs37f\">ICR<span class=\"_ _11\"></span>) and allows<span class=\"_ _11\"></span> prop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>ty acquisitions,<span class=\"_ _11\"></span> disposals and dev<span class=\"_ _2\"></span>elopments to occur<span class=\"_ _2\"></span> with relative<span class=\"_ _11\"></span> free<span class=\"_ _9\"></span>dom.<span class=\"_ _2\"></span> In hig<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>er tiers,<span class=\"_ _11\"></span> the requirements become </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs380\">more r<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>tric<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>ive. No financial c<span class=\"_ _9\"></span>ovenan<span class=\"_ _9\"></span>t defaul<span class=\"_ _9\"></span>t is tri<span class=\"_ _9\"></span>gger<span class=\"_ _9\"></span>ed until th<span class=\"_ _9\"></span>e app<span class=\"_ _9\"></span>licabl<span class=\"_ _9\"></span>e L<span class=\"_ _11\"></span>T<span class=\"_ _9\"></span>V exce<span class=\"_ _9\"></span>eds 10<span class=\"_ _9\"></span>0% or the ICR is le<span class=\"_ _9\"></span>ss th<span class=\"_ _9\"></span>an 1.<span class=\"_ _11\"></span>0x.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs382\">As a<span class=\"_ _9\"></span>t 31 March 202<span class=\"_ _2\"></span>6, the L<span class=\"_ _11\"></span>T<span class=\"_ _9\"></span>V for th<span class=\"_ _9\"></span>e Se<span class=\"_ _9\"></span>curit<span class=\"_ _9\"></span>y G<span class=\"_ _9\"></span>roup wa<span class=\"_ _9\"></span>s <span class=\"ff2 ls20 ws1e\">41.6%</span> (<span class=\"_ _9\"></span>2025: 4<span class=\"_ _11\"></span>1.<span class=\"_ _1\"></span>9%<span class=\"_ _11\"></span>)<span class=\"_ _11\"></span>, m<span class=\"_ _9\"></span>eanin<span class=\"_ _9\"></span>g that th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up was op<span class=\"_ _9\"></span>era<span class=\"_ _9\"></span>ting in Ti<span class=\"_ _9\"></span>er 1 and b<span class=\"_ _9\"></span>ene<span class=\"_ _9\"></span>fit<span class=\"_ _9\"></span>ted<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls36 ws33 gs383\">from max<span class=\"_ _9\"></span>imum ope<span class=\"_ _9\"></span>ration<span class=\"_ _9\"></span>al flexibilit<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs384\">Management monitors<span class=\"_ _2\"></span> the k<span class=\"_ _11\"></span>ey Securit<span class=\"_ _9\"></span>y Group c<span class=\"_ _2\"></span>ovenants i<span class=\"_ _11\"></span>ncluding L<span class=\"_ _11\"></span>TV<span class=\"_ _11\"></span>, IC<span class=\"_ _2\"></span>R, sector and regional<span class=\"_ _2\"></span> concentration<span class=\"_ _11\"></span>, and disposals on<span class=\"_ _2\"></span> a monthly </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs385\">basis or semi<span class=\"_ _11\"></span>-annual basis,<span class=\"_ _2\"></span> depending on t<span class=\"_ _2\"></span>he cov<span class=\"_ _2\"></span>enant<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></div><div class=\"t m0 h4a ff1 fs1 fc2 sc0 lsd0 wsa4 gs386\">NON-RESTRICTED GROUP<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs387\">The No<span class=\"_ _9\"></span>n-res<span class=\"_ _9\"></span>tric<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d Gro<span class=\"_ _9\"></span>up ob<span class=\"_ _9\"></span>tains fun<span class=\"_ _9\"></span>ding wh<span class=\"_ _9\"></span>en re<span class=\"_ _9\"></span>quire<span class=\"_ _9\"></span>d from a co<span class=\"_ _9\"></span>mbin<span class=\"_ _9\"></span>atio<span class=\"_ _9\"></span>n of inter-comp<span class=\"_ _9\"></span>any loa<span class=\"_ _9\"></span>ns from th<span class=\"_ _9\"></span>e Se<span class=\"_ _9\"></span>curit<span class=\"_ _9\"></span>y G<span class=\"_ _9\"></span>roup, equi<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y and<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs388\">ex<span class=\"_ _9\"></span>tern<span class=\"_ _9\"></span>al bank d<span class=\"_ _9\"></span>ebt. B<span class=\"_ _9\"></span>esp<span class=\"_ _9\"></span>oke credi<span class=\"_ _9\"></span>t faci<span class=\"_ _9\"></span>litie<span class=\"_ _9\"></span>s are es<span class=\"_ _9\"></span>tab<span class=\"_ _9\"></span>lishe<span class=\"_ _9\"></span>d wi<span class=\"_ _9\"></span>th ban<span class=\"_ _9\"></span>ks wh<span class=\"_ _9\"></span>en re<span class=\"_ _9\"></span>quire<span class=\"_ _9\"></span>d for th<span class=\"_ _9\"></span>e Non-re<span class=\"_ _9\"></span>str<span class=\"_ _9\"></span>ic<span class=\"_ _9\"></span>ted G<span class=\"_ _9\"></span>roup an<span class=\"_ _9\"></span>d joint ve<span class=\"_ _9\"></span>nture<span class=\"_ _9\"></span>s, usuall<span class=\"_ _9\"></span>y </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs389\">on a limi<span class=\"_ _9\"></span>ted-rec<span class=\"_ _9\"></span>our<span class=\"_ _9\"></span>se ba<span class=\"_ _9\"></span>sis.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs38a\">The tabl<span class=\"_ _9\"></span>e bel<span class=\"_ _9\"></span>ow anal<span class=\"_ _9\"></span>yse<span class=\"_ _9\"></span>s the Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s finan<span class=\"_ _9\"></span>cial liab<span class=\"_ _9\"></span>ilitie<span class=\"_ _9\"></span>s into re<span class=\"_ _9\"></span>levant ma<span class=\"_ _9\"></span>turit<span class=\"_ _9\"></span>y g<span class=\"_ _9\"></span>roupin<span class=\"_ _9\"></span>gs ba<span class=\"_ _9\"></span>sed o<span class=\"_ _9\"></span>n the re<span class=\"_ _9\"></span>maining p<span class=\"_ _9\"></span>eri<span class=\"_ _9\"></span>od a<span class=\"_ _9\"></span>t the ba<span class=\"_ _9\"></span>lance s<span class=\"_ _9\"></span>he<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs38b\">date to th<span class=\"_ _9\"></span>e expe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d matur<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>y da<span class=\"_ _9\"></span>te. The amount<span class=\"_ _9\"></span>s dis<span class=\"_ _9\"></span>clos<span class=\"_ _9\"></span>ed in th<span class=\"_ _9\"></span>e table are th<span class=\"_ _9\"></span>e con<span class=\"_ _9\"></span>trac<span class=\"_ _9\"></span>tua<span class=\"_ _9\"></span>l undis<span class=\"_ _9\"></span>counte<span class=\"_ _9\"></span>d cash fl<span class=\"_ _9\"></span>ows (inc<span class=\"_ _9\"></span>lusive o<span class=\"_ _9\"></span>f intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t)<span class=\"_ _1\"></span>.<span class=\"_ _335\"> </span></div><div class=\"gs38c\"><table class=\"s w280 hef\" id=\"_4fd10674-213e-4cb5-9008-1485b497cc09\"><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m0 x247 h15 y34e9 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 xc91 h15 y34ea ff2 fsd fc2 sc0 ls1 ws8e\">Less than <span class=\"ws1\"> </span></td><td class=\"t m0 xc92 h15 y34ea ff2 fsd fc2 sc0 ls74 ws1\">Be<span class=\"_ _9\"></span>tw<span class=\"_ _9\"></span>ee<span class=\"_ _9\"></span>n 1 </td><td class=\"t m0 xc93 h15 y34ea ff2 fsd fc2 sc0 ls74 ws1\">Be<span class=\"_ _9\"></span>tw<span class=\"_ _9\"></span>ee<span class=\"_ _9\"></span>n 2 </td><td class=\"t m0 x2ba h15 y34ea ff2 fsd fc2 sc0 ls3a ws37\">Ove<span class=\"_ _9\"></span>r <span class=\"ls1 ws1\"> </span></td><td></td></tr><tr><td></td><td class=\"t m0 xa99 h15 y34eb ff2 fsd fc2 sc0 ls74 ws1\">1 year<span class=\"_ _335\"> </span></td><td class=\"t m0 xa07 h15 y34eb ff2 fsd fc2 sc0 ls74 ws1\">and 2 ye<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></td><td class=\"t m0 x938 h15 y34eb ff2 fsd fc2 sc0 ls74 ws1\">and 5 ye<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></td><td class=\"t m0 x23d h15 y34eb ff2 fsd fc2 sc0 ls74 ws1\">5 year<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></td><td class=\"t m0 x33a h15 y34eb ff2 fsd fc2 sc0 lsa4 wsb2\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24a h15 y34ec ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24b h15 y34ec ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y34ec ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y34ec ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y34ec ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y335b w281 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Borrowings (<span class=\"_ _11\"></span>excl<span class=\"_ _2\"></span>uding lease l<span class=\"_ _2\"></span>iabilit<span class=\"_ _2\"></span>ies<span class=\"_ _11\"></span>)<span class=\"_ _335\"> </span></div></td><td class=\"c n xc94 y335b w66 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,229<span class=\"_ _335\"> </span></div></td><td class=\"c n x41d y335b w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">485<span class=\"_ _335\"> </span></div></td><td class=\"c n xc95 y335b w58 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,406<span class=\"_ _335\"> </span></div></td><td class=\"c n xc96 y335b w66 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">2,342<span class=\"_ _335\"> </span></div></td><td class=\"c n xc97 y335b w66 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">5,462<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32df w267 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Derivative fi<span class=\"_ _11\"></span>nancial instruments<span class=\"_ _335\"> </span></div></td><td class=\"c n x533 y32df w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xc5a y32df w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x772 y32df w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td><td class=\"c n x3a7 y32df w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x4b8 y32df w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e0 w282 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls65 ws90\">Lease liabilities<span class=\"_ _335\"> </span></div></td><td class=\"c n xc98 y32e0 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">8<span class=\"_ _335\"> </span></div></td><td class=\"c n xc99 y32e0 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">8<span class=\"_ _335\"> </span></div></td><td class=\"c n x57b y32e0 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">24<span class=\"_ _335\"> </span></div></td><td class=\"c n xc9a y32e0 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">957<span class=\"_ _335\"> </span></div></td><td class=\"c n xc9b y32e0 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">997<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e1 w283 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">T<span class=\"_ _11\"></span>rade payables<span class=\"_ _335\"> </span></div></td><td class=\"c n xc9c y32e1 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">37<span class=\"_ _335\"> </span></div></td><td class=\"c n xc9d y32e1 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xc9e y32e1 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xc9f y32e1 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5af y32e1 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">37<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e2 w284 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1e wsb4\">Capital accruals<span class=\"_ _335\"> </span></div></td><td class=\"c n x2c9 y32e2 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">70<span class=\"_ _335\"> </span></div></td><td class=\"c n xca0 y32e2 w37 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xca1 y32e2 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xc6a y32e2 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x624 y32e2 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">70<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32ca w285 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1e ws86\">Accruals<span class=\"_ _335\"> </span></div></td><td class=\"c n xca2 y32ca w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">91<span class=\"_ _335\"> </span></div></td><td class=\"c n x2f1 y32ca w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xca3 y32ca w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xca4 y32ca w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x57a y32ca w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">91<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w286 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other payables<span class=\"_ _335\"> </span></div></td><td class=\"c n xca5 y32cb w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">44<span class=\"_ _335\"> </span></div></td><td class=\"c n xca6 y32cb w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">9<span class=\"_ _335\"> </span></div></td><td class=\"c n xca7 y32cb w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">31<span class=\"_ _335\"> </span></div></td><td class=\"c n xca8 y32cb w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x328 y32cb w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">84<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w268 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws33\">Redemp<span class=\"_ _9\"></span>tion liabili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _335\"> </span></div></td><td class=\"c n x2e3 y32cc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">18<span class=\"_ _335\"> </span></div></td><td class=\"c n xab6 y32cc w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xca9 y32cc w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x40c y32cc w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x9cf y32cc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">18<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n xcaa y32cd w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,497<span class=\"_ _335\"> </span></div></td><td class=\"c n xcab y32cd w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">502<span class=\"_ _335\"> </span></div></td><td class=\"c n xcac y32cd w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,483<span class=\"_ _335\"> </span></div></td><td class=\"c n xcad y32cd w58 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">3,299<span class=\"_ _335\"> </span></div></td><td class=\"c n xcae y32cd w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">6,781<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"gs38d\"><table class=\"s w287 hf0\" id=\"_4ab6ef29-ffb3-4972-9b16-58004fac2601\"><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m0 x247 h15 y34ed ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 xc73 h15 y34ee ff3 fsd fc2 sc0 ls114 ws140\">Less t<span class=\"_ _2\"></span>han <span class=\"ls1 ws1\"> </span></td><td class=\"t m0 xcaf h15 y34ee ff3 fsd fc2 sc0 ls74 ws1\">Be<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>we<span class=\"_ _9\"></span>en 1<span class=\"_ _9\"></span> </td><td class=\"t m0 xc93 h15 y34ee ff3 fsd fc2 sc0 ls74 ws1\">Be<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>we<span class=\"_ _9\"></span>en 2<span class=\"_ _9\"></span> </td><td class=\"t m0 x2ba h15 y34ee ff3 fsd fc2 sc0 ls113 ws13f\">Over <span class=\"ls1 ws1\"> </span></td><td></td></tr><tr><td></td><td class=\"t m0 x2bb h15 y34ef ff3 fsd fc2 sc0 ls74 ws1\">1 yea<span class=\"_ _9\"></span>r<span class=\"_ _335\"> </span></td><td class=\"t m0 xa07 h15 y34ef ff3 fsd fc2 sc0 ls74 ws1\">and 2 ye<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></td><td class=\"t m0 x938 h15 y34ef ff3 fsd fc2 sc0 ls74 ws1\">and 5 ye<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></td><td class=\"t m0 x561 h15 y34ef ff3 fsd fc2 sc0 ls74 ws1\">5 yea<span class=\"_ _9\"></span>rs<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y34ef ff3 fsd fc2 sc0 lsa7 ws6c\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24a h15 y34f0 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24b h15 y34f0 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y34f0 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y34f0 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y34f0 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32df w281 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Borrowings (<span class=\"_ _11\"></span>excl<span class=\"_ _2\"></span>uding lease l<span class=\"_ _2\"></span>iabilit<span class=\"_ _2\"></span>ies<span class=\"_ _11\"></span>)<span class=\"_ _335\"> </span></div></td><td class=\"c n xcb0 y32df w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">880<span class=\"_ _335\"> </span></div></td><td class=\"c n xcb1 y32df w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">130<span class=\"_ _335\"> </span></div></td><td class=\"c n xcb2 y32df w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,548<span class=\"_ _335\"> </span></div></td><td class=\"c n xcb3 y32df w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">2,799<span class=\"_ _335\"> </span></div></td><td class=\"c n xcb4 y32df w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">5,357<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e0 w267 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Derivative fi<span class=\"_ _11\"></span>nancial instruments<span class=\"_ _335\"> </span></div></td><td class=\"c n xcb5 y32e0 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td><td class=\"c n xcb6 y32e0 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x622 y32e0 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5ae y32e0 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xcb7 y32e0 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">8<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e1 w282 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls65 ws90\">Lease liabilities<span class=\"_ _335\"> </span></div></td><td class=\"c n xc98 y32e1 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">9<span class=\"_ _335\"> </span></div></td><td class=\"c n xc99 y32e1 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">8<span class=\"_ _335\"> </span></div></td><td class=\"c n x57b y32e1 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">25<span class=\"_ _335\"> </span></div></td><td class=\"c n xcb8 y32e1 w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,043<span class=\"_ _335\"> </span></div></td><td class=\"c n xcb9 y32e1 w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,085<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e2 w283 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">T<span class=\"_ _11\"></span>rade payables<span class=\"_ _335\"> </span></div></td><td class=\"c n xc9c y32e2 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">30<span class=\"_ _335\"> </span></div></td><td class=\"c n xcba y32e2 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa77 y32e2 w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x589 y32e2 w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x58a y32e2 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">30<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e3 w284 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1e wsb4\">Capital accruals<span class=\"_ _335\"> </span></div></td><td class=\"c n x2c9 y32e3 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">70<span class=\"_ _335\"> </span></div></td><td class=\"c n xcbb y32e3 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x7a2 y32e3 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x7a3 y32e3 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xaa1 y32e3 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">70<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e4 w285 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1e ws86\">Accruals<span class=\"_ _335\"> </span></div></td><td class=\"c n xcbc y32e4 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">155<span class=\"_ _335\"> </span></div></td><td class=\"c n xcbd y32e4 w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xcbe y32e4 w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xcbf y32e4 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x74a y32e4 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">155<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3356 w286 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other payables<span class=\"_ _335\"> </span></div></td><td class=\"c n xca5 y3356 w34 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td><td class=\"c n xcc0 y3356 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x419 y3356 w34 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">44<span class=\"_ _335\"> </span></div></td><td class=\"c n x589 y3356 w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x58a y3356 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">66<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n xcaa y32cd w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,172<span class=\"_ _335\"> </span></div></td><td class=\"c n xcc1 y32cd w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">140<span class=\"_ _335\"> </span></div></td><td class=\"c n xcc2 y32cd w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,617<span class=\"_ _335\"> </span></div></td><td class=\"c n xcc3 y32cd w59 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">3,842<span class=\"_ _335\"> </span></div></td><td class=\"c n xcc4 y32cd w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">6,771<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h4a ff1 fs1 fc2 sc0 ls1 ws1 gs38e\">(<span class=\"ls53 wsf4\">iii<span class=\"_ _2\"></span><span class=\"lsdd ws145\">) MARKET<span class=\"_ _2\"></span> RISK<span class=\"_ _335\"> </span></span></span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs38f\">The Gr<span class=\"_ _9\"></span>oup is ex<span class=\"_ _9\"></span>pos<span class=\"_ _9\"></span>ed to mar<span class=\"_ _9\"></span>ket risk thr<span class=\"_ _9\"></span>ough inte<span class=\"_ _9\"></span>res<span class=\"_ _9\"></span>t ra<span class=\"_ _9\"></span>tes, avai<span class=\"_ _9\"></span>labili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y and pr<span class=\"_ _9\"></span>ice of c<span class=\"_ _9\"></span>redi<span class=\"_ _9\"></span>t and fo<span class=\"_ _9\"></span>reign exch<span class=\"_ _9\"></span>ange m<span class=\"_ _9\"></span>oveme<span class=\"_ _9\"></span>nt<span class=\"_ _9\"></span>s.<span class=\"_ _335\"> </span></div><div class=\"t m0 h4a ff1 fs1 fc2 sc0 lse3 ws1a gs390\">INTER<span class=\"_ _9\"></span>EST R<span class=\"_ _a\"></span>A<span class=\"_ _11\"></span>TES<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs391\">The Gr<span class=\"_ _9\"></span>oup use<span class=\"_ _9\"></span>s der<span class=\"_ _9\"></span>ivati<span class=\"_ _9\"></span>ve financ<span class=\"_ _9\"></span>ial ins<span class=\"_ _9\"></span>trum<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s to man<span class=\"_ _9\"></span>age it<span class=\"_ _9\"></span>s inte<span class=\"_ _9\"></span>res<span class=\"_ _9\"></span>t-rate exp<span class=\"_ _9\"></span>osure an<span class=\"_ _9\"></span>d has a h<span class=\"_ _9\"></span>edg<span class=\"_ _9\"></span>ing po<span class=\"_ _9\"></span>lic<span class=\"_ _9\"></span>y that g<span class=\"_ _9\"></span>ene<span class=\"_ _9\"></span>rally re<span class=\"_ _9\"></span>quire<span class=\"_ _9\"></span>s at l<span class=\"_ _9\"></span>eas<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs392\">70<span class=\"_ _11\"></span>% o<span class=\"_ _9\"></span>f it<span class=\"_ _9\"></span>s fore<span class=\"_ _9\"></span>cas<span class=\"_ _9\"></span>t de<span class=\"_ _9\"></span>bt fro<span class=\"_ _9\"></span>m comm<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>ted c<span class=\"_ _9\"></span>ash flow<span class=\"_ _9\"></span>s for the c<span class=\"_ _9\"></span>oming t<span class=\"_ _9\"></span>hree ye<span class=\"_ _9\"></span>ars an<span class=\"_ _9\"></span>d at le<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>t 50% for ye<span class=\"_ _9\"></span>ars fo<span class=\"_ _9\"></span>ur and five. Due to a c<span class=\"_ _9\"></span>ombin<span class=\"_ _9\"></span>atio<span class=\"_ _9\"></span>n </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs393\">of factors, includ<span class=\"_ _2\"></span>ing the<span class=\"_ _2\"></span> degree of certainty required u<span class=\"_ _2\"></span>nder IF<span class=\"_ _2\"></span>RS 9 Fina<span class=\"_ _2\"></span>ncial i<span class=\"_ _2\"></span>nstruments, the Gr<span class=\"_ _2\"></span>oup does not apply hedge ac<span class=\"_ _2\"></span>counting<span class=\"_ _2\"></span> to </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs394\">hed<span class=\"_ _9\"></span>ging ins<span class=\"_ _9\"></span>tr<span class=\"_ _9\"></span>umen<span class=\"_ _9\"></span>ts us<span class=\"_ _9\"></span>ed in thi<span class=\"_ _9\"></span>s contex<span class=\"_ _a\"></span>t<span class=\"_ _2\"></span>. Spe<span class=\"_ _9\"></span>cific inter<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>t rate h<span class=\"_ _9\"></span>ed<span class=\"_ _9\"></span>ges ar<span class=\"_ _9\"></span>e also us<span class=\"_ _9\"></span>ed fro<span class=\"_ _9\"></span>m time to tim<span class=\"_ _9\"></span>e to fix the inte<span class=\"_ _9\"></span>res<span class=\"_ _9\"></span>t ra<span class=\"_ _9\"></span>te expo<span class=\"_ _9\"></span>sure on<span class=\"_ _9\"></span> <span class=\"ls1\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs395\">our de<span class=\"_ _9\"></span>bt. Wher<span class=\"_ _9\"></span>e spe<span class=\"_ _9\"></span>cific he<span class=\"_ _9\"></span>dge<span class=\"_ _9\"></span>s are us<span class=\"_ _9\"></span>ed to fix th<span class=\"_ _9\"></span>e intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t expo<span class=\"_ _9\"></span>sure on flo<span class=\"_ _9\"></span>atin<span class=\"_ _9\"></span>g rate d<span class=\"_ _9\"></span>ebt, the<span class=\"_ _9\"></span>se m<span class=\"_ _9\"></span>ay qual<span class=\"_ _9\"></span>if<span class=\"_ _9\"></span>y for h<span class=\"_ _9\"></span>ed<span class=\"_ _9\"></span>ge acc<span class=\"_ _9\"></span>ountin<span class=\"_ _9\"></span>g.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs396\">At 3<span class=\"_ _11\"></span>1 Mar<span class=\"_ _9\"></span>ch 2026, the net no<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>al posi<span class=\"_ _9\"></span>tion o<span class=\"_ _9\"></span>f the Gr<span class=\"_ _9\"></span>oup\u2019<span class=\"_ _11\"></span>s inte<span class=\"_ _9\"></span>res<span class=\"_ _9\"></span>t-rate s<span class=\"_ _9\"></span>waps (inc<span class=\"_ _9\"></span>luding t<span class=\"_ _9\"></span>he Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s sha<span class=\"_ _9\"></span>re of joi<span class=\"_ _9\"></span>nt venture<span class=\"_ _9\"></span>s and n<span class=\"_ _9\"></span>on-whol<span class=\"_ _9\"></span>ly </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls65 ws90 gs397\">owned subsidiaries<span class=\"_ _11\"></span>) was <span class=\"ff2 ls47 ws91\">\u00a3950m</span><span class=\"ls22 ws1\"> of p<span class=\"_ _9\"></span>ay-fixed and re<span class=\"_ _9\"></span>cei<span class=\"_ _9\"></span>ve-floa<span class=\"_ _9\"></span>ting inte<span class=\"_ _9\"></span>res<span class=\"_ _9\"></span>t-rate sw<span class=\"_ _9\"></span>aps (2025: \u00a31<span class=\"_ _11\"></span>,<span class=\"_ _11\"></span>145m) and the Group h<span class=\"_ _9\"></span>ad a ne<span class=\"_ _9\"></span>t noti<span class=\"_ _9\"></span>onal p<span class=\"_ _9\"></span>osi<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws21 gs398\">of <span class=\"ff2 ls120 ws156\">\u00a310<span class=\"_ _9\"></span>0<span class=\"_ _9\"></span>m</span><span class=\"ws1\"> fo<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>ward s<span class=\"_ _9\"></span>tar<span class=\"_ _a\"></span>ting pay-fixed and re<span class=\"_ _9\"></span>cei<span class=\"_ _9\"></span>ve-floa<span class=\"_ _9\"></span>ting inte<span class=\"_ _9\"></span>res<span class=\"_ _9\"></span>t-rate s<span class=\"_ _9\"></span>waps (2025: \u00a350<span class=\"_ _9\"></span>0m)<span class=\"_ _1\"></span>. The Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s gro<span class=\"_ _9\"></span>ss de<span class=\"_ _9\"></span>bt p<span class=\"_ _9\"></span>ositi<span class=\"_ _9\"></span>on (inc<span class=\"_ _9\"></span>luding th<span class=\"_ _9\"></span>e </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs399\">Group\u2019<span class=\"_ _2\"></span>s share o<span class=\"_ _9\"></span>f joint ve<span class=\"_ _9\"></span>nture and n<span class=\"_ _9\"></span>on-who<span class=\"_ _9\"></span>lly ow<span class=\"_ _9\"></span>ned su<span class=\"_ _9\"></span>bsidia<span class=\"_ _9\"></span>ries) at 3<span class=\"_ _11\"></span>1 M<span class=\"_ _9\"></span>arch 2026 was <span class=\"ff2 ls81 wsb8\">88.<span class=\"_ _1\"></span>9%<span class=\"ff3 ls22 ws1\"> fixe<span class=\"_ _9\"></span>d (2025: 91.3<span class=\"_ _11\"></span>%<span class=\"_ _2\"></span>)<span class=\"_ _11\"></span>, a 1<span class=\"_ _11\"></span>% in<span class=\"_ _9\"></span>cre<span class=\"_ _9\"></span>ase<span class=\"_ _9\"></span>/<span class=\"_ _1\"></span>(<span class=\"_ _11\"></span>d<span class=\"_ _9\"></span>ecr<span class=\"_ _9\"></span>eas<span class=\"_ _9\"></span>e<span class=\"_ _11\"></span>)<span class=\"_ _9\"></span> </span></span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs39a\">in int<span class=\"_ _11\"></span>eres<span class=\"_ _9\"></span>t rates would<span class=\"_ _2\"></span> increase/<span class=\"_ _1\"></span>(<span class=\"_ _11\"></span>decrease<span class=\"_ _11\"></span>) the annua<span class=\"_ _2\"></span>l net finance<span class=\"_ _2\"></span> expense in t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>e income statement<span class=\"_ _2\"></span> and reduce/<span class=\"_ _1\"></span>(i<span class=\"_ _2\"></span>ncrease<span class=\"_ _11\"></span>) equity by <span class=\"ff2 ls119 ws144\">\u00a3<span class=\"_ _9\"></span>7m<span class=\"_ _9\"></span> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs39b\">(2025: \u00a38m<span class=\"_ _11\"></span>)<span class=\"_ _11\"></span>. The se<span class=\"_ _9\"></span>nsiti<span class=\"_ _9\"></span>vi<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y has b<span class=\"_ _9\"></span>een c<span class=\"_ _9\"></span>alcul<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>d by appl<span class=\"_ _9\"></span>ying th<span class=\"_ _9\"></span>e intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t rate ch<span class=\"_ _9\"></span>ange to th<span class=\"_ _9\"></span>e floa<span class=\"_ _9\"></span>ting rate c<span class=\"_ _9\"></span>omp<span class=\"_ _9\"></span>one<span class=\"_ _9\"></span>nts o<span class=\"_ _9\"></span>f bor<span class=\"_ _9\"></span>rowin<span class=\"_ _9\"></span>gs, intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t-<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs39c\">rate s<span class=\"_ _9\"></span>waps as we<span class=\"_ _9\"></span>ll as cas<span class=\"_ _9\"></span>h and cas<span class=\"_ _9\"></span>h equi<span class=\"_ _9\"></span>valen<span class=\"_ _9\"></span>ts.<span class=\"_ _335\"> </span></div><div class=\"t m0 h4a ff1 fs1 fc2 sc0 lsd0 wsa4 gs39e\">FOREIGN EXCHANGE<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs39f\">For<span class=\"_ _2\"></span>eign ex<span class=\"_ _11\"></span>change risk arises when fut<span class=\"_ _2\"></span>ure commercia<span class=\"_ _11\"></span>l transactions or recognised assets or lia<span class=\"_ _2\"></span>bilities a<span class=\"_ _2\"></span>re denominat<span class=\"_ _2\"></span>ed in a cu<span class=\"_ _11\"></span>rrenc<span class=\"_ _9\"></span>y that is not </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs3a0\">the Group<span class=\"_ _11\"></span>\u2019<span class=\"_ _2\"></span>s functional cur<span class=\"_ _2\"></span>rency<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs3a1\">As th<span class=\"_ _9\"></span>e Grou<span class=\"_ _9\"></span>p is UK ba<span class=\"_ _9\"></span>sed, for<span class=\"_ _9\"></span>eign exch<span class=\"_ _9\"></span>ange ex<span class=\"_ _9\"></span>po<span class=\"_ _9\"></span>sure from o<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>ratio<span class=\"_ _9\"></span>ns is low<span class=\"_ _11\"></span>. T<span class=\"_ _9\"></span>he majo<span class=\"_ _9\"></span>rit<span class=\"_ _9\"></span>y o<span class=\"_ _9\"></span>f the Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s for<span class=\"_ _9\"></span>eign cur<span class=\"_ _9\"></span>renc<span class=\"_ _9\"></span>y tran<span class=\"_ _9\"></span>sac<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>ons re<span class=\"_ _9\"></span>late<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs3a2\">to forei<span class=\"_ _9\"></span>gn curre<span class=\"_ _9\"></span>nc<span class=\"_ _9\"></span>y bor<span class=\"_ _9\"></span>rowin<span class=\"_ _9\"></span>g under th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s co<span class=\"_ _9\"></span>mmer<span class=\"_ _9\"></span>cial p<span class=\"_ _9\"></span>aper p<span class=\"_ _9\"></span>rogr<span class=\"_ _9\"></span>amme. It is the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _11\"></span>s p<span class=\"_ _9\"></span>olic<span class=\"_ _9\"></span>y to he<span class=\"_ _9\"></span>dg<span class=\"_ _9\"></span>e 100% of this exp<span class=\"_ _9\"></span>osure. </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs3a3\">At 3<span class=\"_ _11\"></span>1 Mar<span class=\"_ _9\"></span>ch 2026, the Group ha<span class=\"_ _9\"></span>d issu<span class=\"_ _9\"></span>ed <span class=\"ff2 ls20 ws1e\">\u20ac<span class=\"_ _a\"></span>311m<span class=\"_ _9\"></span></span> (<span class=\"_ _9\"></span>2025: \u20ac370m<span class=\"_ _11\"></span>) an<span class=\"_ _9\"></span>d <span class=\"ff2 ls1b ws11a\">$3<span class=\"_ _9\"></span>24m</span> (<span class=\"_ _9\"></span>2025: $220m) of commerc<span class=\"_ _9\"></span>ial pa<span class=\"_ _9\"></span>per<span class=\"_ _11\"></span>, f<span class=\"_ _9\"></span>ully he<span class=\"_ _9\"></span>dge<span class=\"_ _9\"></span>d thro<span class=\"_ _9\"></span>ugh for<span class=\"_ _9\"></span>eign<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs3a4\">exchange<span class=\"_ _11\"></span> s<span class=\"_ _9\"></span>waps<span class=\"_ _2\"></span>. A 1<span class=\"_ _11\"></span>0% weak<span class=\"_ _2\"></span>ening or<span class=\"_ _2\"></span> strengthening of<span class=\"_ _2\"></span> St<span class=\"_ _2\"></span>erling w<span class=\"_ _2\"></span>ould theref<span class=\"_ _2\"></span>ore have <span class=\"ff2 ls1f ws1d\">\u00a3nil</span><span class=\"ls22 ws1\"> (2025: \u00a3nil<span class=\"_ _2\"></span>) impa<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t in the in<span class=\"_ _9\"></span>com<span class=\"_ _9\"></span>e sta<span class=\"_ _9\"></span>teme<span class=\"_ _9\"></span>nt and<span class=\"_ _9\"></span> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs3a5\">equity arising fr<span class=\"_ _2\"></span>om foreign<span class=\"_ _11\"></span> currency borrowings.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs3a6\">Wher<span class=\"_ _9\"></span>e addi<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>al fore<span class=\"_ _9\"></span>ign exchan<span class=\"_ _9\"></span>ge ris<span class=\"_ _9\"></span>k is ide<span class=\"_ _9\"></span>ntified (not linked to bo<span class=\"_ _9\"></span>rrowin<span class=\"_ _9\"></span>gs<span class=\"_ _2\"></span>)<span class=\"_ _11\"></span>, it is the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _2\"></span>s poli<span class=\"_ _9\"></span>cy to as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ss the l<span class=\"_ _9\"></span>ikelihoo<span class=\"_ _9\"></span>d of the r<span class=\"_ _9\"></span>isk<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls26 ws1 gs3a7\">cr<span class=\"_ _9\"></span>ys<span class=\"_ _9\"></span>talli<span class=\"_ _9\"></span>sing and i<span class=\"_ _9\"></span>f dee<span class=\"_ _9\"></span>me<span class=\"_ _9\"></span>d appro<span class=\"_ _9\"></span>pria<span class=\"_ _9\"></span>te use d<span class=\"_ _9\"></span>eriva<span class=\"_ _9\"></span>tive finan<span class=\"_ _9\"></span>cial in<span class=\"_ _9\"></span>str<span class=\"_ _9\"></span>ume<span class=\"_ _9\"></span>nts to h<span class=\"_ _9\"></span>edg<span class=\"_ _9\"></span>e som<span class=\"_ _9\"></span>e or all of th<span class=\"_ _9\"></span>e risk. At 3<span class=\"_ _11\"></span>1 M<span class=\"_ _9\"></span>arch 2026, the Group h<span class=\"_ _9\"></span>ad no<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs3a8\">forei<span class=\"_ _9\"></span>gn curre<span class=\"_ _9\"></span>nc<span class=\"_ _9\"></span>y exp<span class=\"_ _9\"></span>osure<span class=\"_ _9\"></span>s (<span class=\"_ _11\"></span>o<span class=\"_ _9\"></span>ther th<span class=\"_ _9\"></span>an thos<span class=\"_ _9\"></span>e linked to bo<span class=\"_ _9\"></span>rrowin<span class=\"_ _9\"></span>gs<span class=\"_ _2\"></span>) bein<span class=\"_ _9\"></span>g mana<span class=\"_ _9\"></span>ged u<span class=\"_ _9\"></span>sing de<span class=\"_ _9\"></span>riva<span class=\"_ _9\"></span>tive finan<span class=\"_ _9\"></span>cial ins<span class=\"_ _9\"></span>tr<span class=\"_ _9\"></span>umen<span class=\"_ _9\"></span>ts (202<span class=\"_ _9\"></span>5: \u00a3nil exposure)<span class=\"_ _1\"></span>. </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs3a9\">A 10% weakening or s<span class=\"_ _9\"></span>tren<span class=\"_ _9\"></span>gthe<span class=\"_ _9\"></span>ning of Ster<span class=\"_ _9\"></span>ling woul<span class=\"_ _9\"></span>d there<span class=\"_ _9\"></span>fore h<span class=\"_ _9\"></span>ave no im<span class=\"_ _9\"></span>pa<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t on the l<span class=\"_ _9\"></span>oss b<span class=\"_ _9\"></span>efo<span class=\"_ _9\"></span>re tax and o<span class=\"_ _9\"></span>r total e<span class=\"_ _9\"></span>quit<span class=\"_ _9\"></span>y (<span class=\"_ _9\"></span>2025: \u00a3nil impac<span class=\"_ _9\"></span>t)<span class=\"_ _1\"></span>.<span class=\"_ _335\"> </span></div><div class=\"t m0 h4a ff1 fs1 fc2 sc0 lsdd ws145 gs3aa\">FINANCIAL<span class=\"_ _11\"></span> MA<span class=\"_ _2\"></span>TURITY ANAL<span class=\"_ _1\"></span>YSIS<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs3ab\">The int<span class=\"_ _2\"></span>erest rate profi<span class=\"_ _2\"></span>le of t<span class=\"_ _2\"></span>he Group<span class=\"_ _2\"></span>\u2019<span class=\"_ _11\"></span>s borrowings is<span class=\"_ _11\"></span> se<span class=\"_ _9\"></span>t out below (<span class=\"_ _2\"></span>based on notional<span class=\"_ _2\"></span> values<span class=\"_ _11\"></span>)<span class=\"_ _1\"></span>:<span class=\"_ _335\"> </span></div><div class=\"gs3ac\"><table class=\"s w288 hf1\" id=\"_7a050226-d67e-43b8-82d1-e9470c822f2f\"><tr><td></td><td></td><td></td><td class=\"c n x23a y34f1 w1c hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></div></td><td></td><td></td><td class=\"c n x23b y34f1 w1d hb8\"><div class=\"t m0 x239 h15 y320f ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"t m0 x23e h15 y34f2 ff2 fsd fc2 sc0 lsa6 ws96\">Fixed<span class=\"ls1 ws1\"> </span></td><td class=\"t m0 x23c h15 y34f2 ff2 fsd fc2 sc0 ls8d ws95\">Flo<span class=\"_ _9\"></span>ating<span class=\"_ _335\"> </span></td><td></td><td class=\"t m0 x240 h15 y34f2 ff3 fsd fc2 sc0 ls41 ws7c\">Fixed<span class=\"ls1 ws1\"> </span></td><td class=\"t m0 x5c0 h15 y34f2 ff3 fsd fc2 sc0 ls76 ws13e\">Floating<span class=\"ls1 ws1\"> </span></td><td></td></tr><tr><td></td><td class=\"t m0 xcc5 h15 y34f3 ff2 fsd fc2 sc0 ls7b ws94\"> rate</td><td class=\"t m0 xcc6 h15 y34f3 ff2 fsd fc2 sc0 ls7b ws94\"> rate<span class=\"_ _335\"> </span></td><td class=\"t m0 x244 h15 y34f3 ff2 fsd fc2 sc0 lsa4 wsb2\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l</td><td class=\"t m0 x2b9 h15 y34f3 ff3 fsd fc2 sc0 ls154 ws194\"> rate</td><td class=\"t m0 x2ba h15 y34f3 ff3 fsd fc2 sc0 ls154 ws194\"> rate<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y34f3 ff3 fsd fc2 sc0 lsa7 ws6c\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x249 h15 y34f4 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24a h15 y34f4 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24b h15 y34f4 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y34f4 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y34f4 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y34f4 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32ca w247 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws77\">Sterling<span class=\"_ _335\"> </span></div></td><td class=\"c n xcc7 y32ca w19a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">3,027<span class=\"_ _335\"> </span></div></td><td class=\"c n xcc8 y32ca w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">974<span class=\"_ _335\"> </span></div></td><td class=\"c n xcc9 y32ca w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">4,001<span class=\"_ _335\"> </span></div></td><td class=\"c n xcca y32ca w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">3,050<span class=\"_ _335\"> </span></div></td><td class=\"c n xccb y32ca w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,048<span class=\"_ _335\"> </span></div></td><td class=\"c n x349 y32ca w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">4,098<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w24b hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls40 wsbe\">Euro<span class=\"_ _335\"> </span></div></td><td class=\"c n x631 y32cb w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xccc y32cb w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">270<span class=\"_ _335\"> </span></div></td><td class=\"c n x2d8 y32cb w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">270<span class=\"_ _335\"> </span></div></td><td class=\"c n xccd y32cb w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c7 y32cb w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">310<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c8 y32cb w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">310<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w24e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls3c ws143\">US Do<span class=\"_ _9\"></span>llar<span class=\"_ _335\"> </span></div></td><td class=\"c n x631 y32cc w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xccc y32cc w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">246<span class=\"_ _335\"> </span></div></td><td class=\"c n x2d8 y32cc w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">246<span class=\"_ _335\"> </span></div></td><td class=\"c n xccd y32cc w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c7 y32cc w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">170<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c8 y32cc w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">170<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n xcce y32cd w19a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">3,027<span class=\"_ _335\"> </span></div></td><td class=\"c n xccf y32cd w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,490<span class=\"_ _335\"> </span></div></td><td class=\"c n xcd0 y32cd w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">4,517<span class=\"_ _335\"> </span></div></td><td class=\"c n xcd1 y32cd w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">3,050<span class=\"_ _335\"> </span></div></td><td class=\"c n xcd2 y32cd w59 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,528<span class=\"_ _335\"> </span></div></td><td class=\"c n xcd3 y32cd w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">4,578<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs3ad\">The exp<span class=\"_ _9\"></span>ec<span class=\"_ _a\"></span>ted matur<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>y pro<span class=\"_ _9\"></span>files of th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s bo<span class=\"_ _9\"></span>rrow<span class=\"_ _9\"></span>ings are a<span class=\"_ _9\"></span>s follo<span class=\"_ _9\"></span>ws (bas<span class=\"_ _9\"></span>ed o<span class=\"_ _9\"></span>n net n<span class=\"_ _9\"></span>otio<span class=\"_ _9\"></span>nal valu<span class=\"_ _9\"></span>es<span class=\"_ _2\"></span>)<span class=\"_ _1\"></span>:<span class=\"_ _335\"> </span></div><div class=\"gs3ae\"><table class=\"s w289 hf2\" id=\"_99168660-6560-411b-8e6e-e30850647ea9\"><tr><td></td><td></td><td></td><td class=\"c n x23a y34f5 w1c hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></div></td><td></td><td></td><td class=\"c n x23b y34f5 w1d hbc\"><div class=\"t m0 x239 h15 y3229 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"t m0 x23e h15 y34f6 ff2 fsd fc2 sc0 lsa6 ws96\">Fixed<span class=\"ls1 ws1\"> </span></td><td class=\"t m0 x23c h15 y34f6 ff2 fsd fc2 sc0 ls8d ws95\">Flo<span class=\"_ _9\"></span>ating<span class=\"_ _335\"> </span></td><td></td><td class=\"t m0 x240 h15 y34f6 ff3 fsd fc2 sc0 ls41 ws7c\">Fixed<span class=\"ls1 ws1\"> </span></td><td class=\"t m0 x5c0 h15 y34f6 ff3 fsd fc2 sc0 ls76 ws13e\">Floating<span class=\"ls1 ws1\"> </span></td><td></td></tr><tr><td></td><td class=\"t m0 xcc5 h15 y34f7 ff2 fsd fc2 sc0 ls7b ws94\"> rate</td><td class=\"t m0 xcc6 h15 y34f7 ff2 fsd fc2 sc0 ls7b ws94\"> rate<span class=\"_ _335\"> </span></td><td class=\"t m0 x244 h15 y34f7 ff2 fsd fc2 sc0 lsa4 wsb2\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l</td><td class=\"t m0 x2b9 h15 y34f7 ff3 fsd fc2 sc0 ls154 ws194\"> rate</td><td class=\"t m0 x2ba h15 y34f7 ff3 fsd fc2 sc0 ls154 ws194\"> rate<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y34f7 ff3 fsd fc2 sc0 lsa7 ws6c\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x249 h15 y34f8 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24a h15 y34f8 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24b h15 y34f8 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y34f8 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y34f8 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y34f8 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32e0 w28a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">One year or<span class=\"_ _2\"></span> less, or on<span class=\"_ _2\"></span> demand<span class=\"_ _335\"> </span></div></td><td class=\"c n xcd4 y32e0 w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">351<span class=\"_ _335\"> </span></div></td><td class=\"c n xcd5 y32e0 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">744<span class=\"_ _335\"> </span></div></td><td class=\"c n xcd6 y32e0 w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,095<span class=\"_ _335\"> </span></div></td><td class=\"c n xca9 y32e0 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xcd7 y32e0 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">750<span class=\"_ _335\"> </span></div></td><td class=\"c n xcd8 y32e0 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">750<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e1 w28b hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">More th<span class=\"_ _9\"></span>an one ye<span class=\"_ _9\"></span>ar bu<span class=\"_ _9\"></span>t not m<span class=\"_ _9\"></span>ore th<span class=\"_ _9\"></span>an t<span class=\"_ _9\"></span>wo year<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xcd9 y32e1 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">66<span class=\"_ _335\"> </span></div></td><td class=\"c n xcda y32e1 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">300<span class=\"_ _335\"> </span></div></td><td class=\"c n x58d y32e1 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">366<span class=\"_ _335\"> </span></div></td><td class=\"c n xcdb y32e1 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x9f1 y32e1 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">240<span class=\"_ _335\"> </span></div></td><td class=\"c n x590 y32e1 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">241<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e2 w28c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">More th<span class=\"_ _9\"></span>an t<span class=\"_ _9\"></span>wo year<span class=\"_ _9\"></span>s bu<span class=\"_ _9\"></span>t not m<span class=\"_ _9\"></span>ore tha<span class=\"_ _9\"></span>n five year<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xcdc y32e2 w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">679<span class=\"_ _335\"> </span></div></td><td class=\"c n xcdd y32e2 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">446<span class=\"_ _335\"> </span></div></td><td class=\"c n xcde y32e2 w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,125<span class=\"_ _335\"> </span></div></td><td class=\"c n x563 y32e2 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">718<span class=\"_ _335\"> </span></div></td><td class=\"c n x564 y32e2 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">538<span class=\"_ _335\"> </span></div></td><td class=\"c n xcdf y32e2 w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,256<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e3 w22b hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">More th<span class=\"_ _9\"></span>an five year<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xce0 y32e3 w19a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,931<span class=\"_ _335\"> </span></div></td><td class=\"c n xce1 y32e3 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xce2 y32e3 w58 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,931<span class=\"_ _335\"> </span></div></td><td class=\"c n xce3 y32e3 w59 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">2,331<span class=\"_ _335\"> </span></div></td><td class=\"c n x97d y32e3 w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xce4 y32e3 w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">2,331<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e4 w28d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls37 ws50\">Borrowings<span class=\"_ _335\"> </span></div></td><td class=\"c n xce5 y32e4 w19a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">3,027<span class=\"_ _335\"> </span></div></td><td class=\"c n xce6 y32e4 w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,490<span class=\"_ _335\"> </span></div></td><td class=\"c n xce7 y32e4 w58 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">4,517<span class=\"_ _335\"> </span></div></td><td class=\"c n xce8 y32e4 w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">3,050<span class=\"_ _335\"> </span></div></td><td class=\"c n xce9 y32e4 w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,528<span class=\"_ _335\"> </span></div></td><td class=\"c n xcea y32e4 w59 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">4,578<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w28e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Effec<span class=\"_ _9\"></span>t of he<span class=\"_ _9\"></span>dging<span class=\"_ _335\"> </span></div></td><td class=\"c n xceb y32cc w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">950<span class=\"_ _335\"> </span></div></td><td class=\"c n xcec y32cc w28 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(950)<span class=\"_ _335\"> </span></div></td><td class=\"c n xced y32cc w37 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xcee y32cc w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,145<span class=\"_ _335\"> </span></div></td><td class=\"c n xcef y32cc w6a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(1,145)<span class=\"_ _335\"> </span></div></td><td class=\"c n xcf0 y32cc w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w28f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Borrowi<span class=\"_ _9\"></span>ngs ne<span class=\"_ _9\"></span>t of intere<span class=\"_ _9\"></span>st<span class=\"_ _2\"></span>-rate swaps<span class=\"_ _335\"> </span></div></td><td class=\"c n xcf1 y32cd w19a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">3,977<span class=\"_ _335\"> </span></div></td><td class=\"c n xcf2 y32cd w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">540<span class=\"_ _335\"> </span></div></td><td class=\"c n xcf3 y32cd w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">4,517<span class=\"_ _335\"> </span></div></td><td class=\"c n xcf4 y32cd w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">4,195<span class=\"_ _335\"> </span></div></td><td class=\"c n xcf5 y32cd w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">383<span class=\"_ _335\"> </span></div></td><td class=\"c n xcf6 y32cd w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">4,578<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs3af\">The exp<span class=\"_ _9\"></span>ec<span class=\"_ _a\"></span>ted matur<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>y pro<span class=\"_ _9\"></span>files of th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s de<span class=\"_ _9\"></span>rivat<span class=\"_ _9\"></span>ive financ<span class=\"_ _9\"></span>ial ins<span class=\"_ _9\"></span>tru<span class=\"_ _9\"></span>ment<span class=\"_ _9\"></span>s are as f<span class=\"_ _9\"></span>ollow<span class=\"_ _9\"></span>s (bas<span class=\"_ _9\"></span>ed on n<span class=\"_ _9\"></span>et no<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>al value<span class=\"_ _9\"></span>s<span class=\"_ _11\"></span>)<span class=\"_ _11\"></span>:<span class=\"_ _335\"> </span></div><div class=\"gs3b0\"><table class=\"s w290 hf3\" id=\"_036c8229-16a6-433b-8bd6-d7c661aff632\"><tr><td></td><td></td><td class=\"c n x557 y34f9 w1c hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n x558 y34f9 w44 hbc\"><div class=\"t m0 x239 h15 y3229 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"t m0 xa96 h15 y34fa ff2 fsd fc2 sc0 ls1 ws1\">Foreign </td><td></td><td class=\"t m0 x23d h15 y34fa ff3 fsd fc2 sc0 ls77 ws7d\">Foreign </td><td></td></tr><tr><td></td><td class=\"t m0 x559 h15 y34fb ff2 fsd fc2 sc0 ls41 ws7c\">excha<span class=\"_ _2\"></span>nge </td><td class=\"t m0 x7c4 h15 y34fb ff2 fsd fc2 sc0 ls16a ws1aa\">I<span class=\"_ _9\"></span>n<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>e<span class=\"_ _9\"></span>r<span class=\"_ _a\"></span>e<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t-<span class=\"_ _335\"> </span></td><td class=\"t m0 x55a h15 y34fb ff3 fsd fc2 sc0 ls41 ws7c\">exchange </td><td class=\"t m0 x795 h15 y34fb ff3 fsd fc2 sc0 ls57 ws6f\">Int<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>e<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t-<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x5c7 h15 y34fc ff2 fsd fc2 sc0 ls7b ws82\">swaps<span class=\"_ _335\"> </span></td><td class=\"t m0 x572 h15 y34fc ff2 fsd fc2 sc0 ls7b ws1ab\">rate swa<span class=\"_ _9\"></span>ps<span class=\"_ _335\"> </span></td><td class=\"t m0 xa9a h15 y34fc ff3 fsd fc2 sc0 ls75 ws7a\">swaps<span class=\"_ _335\"> </span></td><td class=\"t m0 x573 h15 y34fc ff3 fsd fc2 sc0 ls74 ws1\">rat<span class=\"_ _9\"></span>e sw<span class=\"_ _9\"></span>aps<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24b h15 y34fd ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y34fd ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y34fd ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y34fd ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32c9 w291 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">One year or<span class=\"_ _2\"></span> less, on demand<span class=\"_ _335\"> </span></div></td><td class=\"c n x58d y32c9 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">513<span class=\"_ _335\"> </span></div></td><td class=\"c n x58e y32c9 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">400<span class=\"_ _335\"> </span></div></td><td class=\"c n xcf7 y32c9 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">486<span class=\"_ _335\"> </span></div></td><td class=\"c n x97e y32c9 w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(45)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32ca w28b hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">More th<span class=\"_ _9\"></span>an one ye<span class=\"_ _9\"></span>ar bu<span class=\"_ _9\"></span>t not m<span class=\"_ _9\"></span>ore th<span class=\"_ _9\"></span>an t<span class=\"_ _9\"></span>wo year<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n x2f1 y32ca w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x777 y32ca w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">100<span class=\"_ _335\"> </span></div></td><td class=\"c n xcf8 y32ca w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xcf9 y32ca w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">740<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w28c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">More th<span class=\"_ _9\"></span>an t<span class=\"_ _9\"></span>wo year<span class=\"_ _9\"></span>s bu<span class=\"_ _9\"></span>t not m<span class=\"_ _9\"></span>ore tha<span class=\"_ _9\"></span>n five year<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xcfa y32cb w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xcfb y32cb w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">450<span class=\"_ _335\"> </span></div></td><td class=\"c n xcfc y32cb w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xcfd y32cb w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">150<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w22b hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">More th<span class=\"_ _9\"></span>an five year<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xaae y32cc w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xcfe y32cc w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xcff y32cc w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd00 y32cc w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">300<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n x23a y32cd w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">513<span class=\"_ _335\"> </span></div></td><td class=\"c n xd01 y32cd w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,050<span class=\"_ _335\"> </span></div></td><td class=\"c n xd02 y32cd w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">486<span class=\"_ _335\"> </span></div></td><td class=\"c n xd03 y32cd w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,145<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h4a ff1 fs1 fc2 sc0 lsd0 wsa4 gs3b2\">V<span class=\"_ _11\"></span>ALUA<span class=\"_ _1\"></span>TION HIER<span class=\"_ _9\"></span>ARCHY<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs3b3\">Der<span class=\"_ _9\"></span>ivati<span class=\"_ _9\"></span>ve financi<span class=\"_ _9\"></span>al ins<span class=\"_ _9\"></span>trum<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s, financi<span class=\"_ _9\"></span>al ass<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s at fair val<span class=\"_ _9\"></span>ue throu<span class=\"_ _9\"></span>gh profi<span class=\"_ _9\"></span>t and los<span class=\"_ _9\"></span>s (<span class=\"_ _11\"></span>o<span class=\"_ _9\"></span>the<span class=\"_ _9\"></span>r inves<span class=\"_ _9\"></span>tmen<span class=\"_ _9\"></span>ts<span class=\"_ _2\"></span>) and the r<span class=\"_ _9\"></span>ede<span class=\"_ _9\"></span>mpti<span class=\"_ _9\"></span>on liabi<span class=\"_ _9\"></span>lit<span class=\"_ _9\"></span>y are th<span class=\"_ _9\"></span>e </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs3b4\">only fin<span class=\"_ _9\"></span>ancial i<span class=\"_ _9\"></span>ns<span class=\"_ _9\"></span>trume<span class=\"_ _9\"></span>nts w<span class=\"_ _9\"></span>hich a<span class=\"_ _9\"></span>re carri<span class=\"_ _9\"></span>ed a<span class=\"_ _9\"></span>t fair value. For financial in<span class=\"_ _9\"></span>str<span class=\"_ _9\"></span>ume<span class=\"_ _9\"></span>nts o<span class=\"_ _9\"></span>ther th<span class=\"_ _9\"></span>an bo<span class=\"_ _9\"></span>rrowin<span class=\"_ _9\"></span>gs dis<span class=\"_ _9\"></span>clos<span class=\"_ _9\"></span>ed in n<span class=\"_ _9\"></span>ote 21, the carr<span class=\"_ _a\"></span>ying </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs3b5\">value in the b<span class=\"_ _9\"></span>alan<span class=\"_ _9\"></span>ce sh<span class=\"_ _9\"></span>ee<span class=\"_ _9\"></span>t approx<span class=\"_ _9\"></span>imate<span class=\"_ _9\"></span>s their f<span class=\"_ _9\"></span>air value<span class=\"_ _9\"></span>s. The table b<span class=\"_ _9\"></span>elow s<span class=\"_ _9\"></span>hows th<span class=\"_ _9\"></span>e aggre<span class=\"_ _9\"></span>ga<span class=\"_ _9\"></span>te ass<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s and liab<span class=\"_ _9\"></span>ilitie<span class=\"_ _9\"></span>s carr<span class=\"_ _9\"></span>ied a<span class=\"_ _9\"></span>t fair value by<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs3b6\">valuation<span class=\"_ _11\"></span> m<span class=\"_ _9\"></span>ethod<span class=\"_ _2\"></span>:<span class=\"_ _335\"> </span></div><div class=\"gs3b7\"><table class=\"s w292 hf4\" id=\"_01d6e3bd-9e1b-4c1d-9bce-fb92903e8b8c\"><tr><td></td><td></td><td></td><td></td><td class=\"c n x5bc y34fe w1c hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x5bd y34fe w1d hb8\"><div class=\"t m0 x239 h15 y320f ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"t m0 xd04 h15 y34ff ff2 fsd fc2 sc0 ls74 ws1\">Level 1<span class=\"_ _335\"> </span></td><td class=\"t m0 xd05 h15 y34ff ff2 fsd fc2 sc0 ls74 ws1\">Level 2<span class=\"_ _335\"> </span></td><td class=\"t m0 xd06 h15 y34ff ff2 fsd fc2 sc0 ls74 ws1\">Level 3<span class=\"_ _335\"> </span></td><td class=\"t m0 x5c6 h15 y34ff ff2 fsd fc2 sc0 lsa4 wsb2\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td><td class=\"t m0 x55f h15 y34ff ff3 fsd fc2 sc0 ls113 ws56\">Level 1<span class=\"_ _335\"> </span></td><td class=\"t m0 x560 h15 y34ff ff3 fsd fc2 sc0 ls113 ws56\">Level 2<span class=\"_ _335\"> </span></td><td class=\"t m0 x561 h15 y34ff ff3 fsd fc2 sc0 ls113 ws56\">Level 3<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y34ff ff3 fsd fc2 sc0 lsa7 ws6c\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x5c8 h15 y3500 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x343 h15 y3500 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x249 h15 y3500 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24a h15 y3500 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24b h15 y3500 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y3500 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y3500 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3500 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32cc w293 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws48\">Asset<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xd07 y32cc w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd08 y32cc w2d hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">31<span class=\"_ _335\"> </span></div></td><td class=\"c n xd09 y32cc w2d hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td><td class=\"c n x65c y32cc w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">41<span class=\"_ _335\"> </span></div></td><td class=\"c n xd0a y32cc w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x3d9 y32cc w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n xd0b y32cc w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">8<span class=\"_ _335\"> </span></div></td><td class=\"c n x5a9 y32cc w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">12<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w294 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws77\">Liabilitie<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xd07 y32cd w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd0c y32cd w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(22)<span class=\"_ _335\"> </span></div></td><td class=\"c n xd0d y32cd w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(18)<span class=\"_ _335\"> </span></div></td><td class=\"c n xd0e y32cd w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(40)<span class=\"_ _335\"> </span></div></td><td class=\"c n xd0f y32cd w5c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd10 y32cd w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(8)<span class=\"_ _335\"> </span></div></td><td class=\"c n xd11 y32cd w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd12 y32cd w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(8)<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls157 ws192 gs3b8\">N<span class=\"_ _9\"></span>o<span class=\"_ _9\"></span>te:<span class=\"_ _335\"> </span></div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls5 ws1 gs3b9\">Leve<span class=\"_ _9\"></span>l 1: value<span class=\"_ _9\"></span>d usi<span class=\"_ _9\"></span>ng un<span class=\"_ _9\"></span>adj<span class=\"_ _9\"></span>us<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d quo<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d pr<span class=\"_ _9\"></span>ice<span class=\"_ _9\"></span>s in a<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tiv<span class=\"_ _9\"></span>e mar<span class=\"_ _9\"></span>ket<span class=\"_ _9\"></span>s for i<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>nti<span class=\"_ _9\"></span>cal fin<span class=\"_ _9\"></span>an<span class=\"_ _9\"></span>cia<span class=\"_ _9\"></span>l ins<span class=\"_ _9\"></span>tr<span class=\"_ _9\"></span>um<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s.<span class=\"_ _335\"> </span></div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls5 ws1 gs3ba\">Leve<span class=\"_ _9\"></span>l 2: valued u<span class=\"_ _9\"></span>sin<span class=\"_ _9\"></span>g te<span class=\"_ _9\"></span>chn<span class=\"_ _9\"></span>iqu<span class=\"_ _9\"></span>es b<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>ed o<span class=\"_ _9\"></span>n info<span class=\"_ _9\"></span>rm<span class=\"_ _9\"></span>ati<span class=\"_ _9\"></span>on th<span class=\"_ _9\"></span>at c<span class=\"_ _9\"></span>an b<span class=\"_ _9\"></span>e ob<span class=\"_ _9\"></span>tain<span class=\"_ _9\"></span>ed f<span class=\"_ _9\"></span>rom o<span class=\"_ _9\"></span>bs<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>v<span class=\"_ _9\"></span>abl<span class=\"_ _9\"></span>e mar<span class=\"_ _9\"></span>ket d<span class=\"_ _9\"></span>ata.<span class=\"_ _335\"> </span></div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls7 ws6 gs3bb\">Level<span class=\"_ _2\"></span> 3<span class=\"_ _11\"></span>: valued<span class=\"_ _2\"></span> using<span class=\"_ _2\"></span> techniques<span class=\"_ _2\"></span> incorporating<span class=\"_ _11\"></span> information other<span class=\"_ _11\"></span> than observable mark<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>t data<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs3bc\">The fair val<span class=\"_ _9\"></span>ue of the a<span class=\"_ _9\"></span>mount<span class=\"_ _9\"></span>s pa<span class=\"_ _9\"></span>yable u<span class=\"_ _9\"></span>nder th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s le<span class=\"_ _9\"></span>ase o<span class=\"_ _9\"></span>blig<span class=\"_ _9\"></span>ation<span class=\"_ _9\"></span>s, using a di<span class=\"_ _9\"></span>scoun<span class=\"_ _9\"></span>t rate of <span class=\"ff2 ls126 ws15c\">3<span class=\"_ _9\"></span>.<span class=\"_ _9\"></span>6%<span class=\"_ _a\"></span></span> (2025: 3<span class=\"_ _11\"></span>.4%<span class=\"_ _1\"></span>)<span class=\"_ _11\"></span>, is <span class=\"ff2 ls50 ws119\">\u00a3<span class=\"_ _9\"></span>20<span class=\"_ _9\"></span>4m</span> (<span class=\"_ _9\"></span>2025: \u00a3232m<span class=\"_ _11\"></span>)<span class=\"_ _11\"></span>.<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs3bd\">The fair val<span class=\"_ _9\"></span>ue of the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _2\"></span>s net inve<span class=\"_ _9\"></span>stm<span class=\"_ _9\"></span>ent in te<span class=\"_ _9\"></span>nant finan<span class=\"_ _9\"></span>ce le<span class=\"_ _9\"></span>ase<span class=\"_ _9\"></span>s, calcul<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>d by the Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s ex<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>rnal valu<span class=\"_ _9\"></span>er by app<span class=\"_ _9\"></span>lyin<span class=\"_ _9\"></span>g a weighte<span class=\"_ _9\"></span>d ave<span class=\"_ _9\"></span>rage<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs3be\">equivalent<span class=\"_ _2\"></span> yield of <span class=\"ff2 ls12c ws160\">8.0%</span><span class=\"ls22 ws1\"> (<span class=\"_ _9\"></span>2025: 8<span class=\"_ _11\"></span>.8%<span class=\"_ _1\"></span>)<span class=\"_ _11\"></span>, i<span class=\"_ _9\"></span>s <span class=\"ff2 ls120 ws156\">\u00a313<span class=\"_ _9\"></span>m<span class=\"_ _9\"></span></span> (2025: \u00a3<span class=\"_ _2\"></span>12m<span class=\"_ _11\"></span>)<span class=\"_ _1\"></span>.<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs3bf\">The fair val<span class=\"_ _9\"></span>ues of a<span class=\"_ _9\"></span>ny floatin<span class=\"_ _9\"></span>g rate finan<span class=\"_ _9\"></span>cial lia<span class=\"_ _9\"></span>biliti<span class=\"_ _9\"></span>es are as<span class=\"_ _9\"></span>sume<span class=\"_ _9\"></span>d to be e<span class=\"_ _9\"></span>qual to th<span class=\"_ _9\"></span>eir no<span class=\"_ _9\"></span>minal valu<span class=\"_ _9\"></span>e. The fair value<span class=\"_ _9\"></span>s of the MTNs fal<span class=\"_ _9\"></span>l within<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs3c0\">Level 1 of th<span class=\"_ _9\"></span>e fair value h<span class=\"_ _9\"></span>ierarc<span class=\"_ _9\"></span>hy<span class=\"_ _11\"></span>, the sy<span class=\"_ _9\"></span>ndica<span class=\"_ _9\"></span>ted an<span class=\"_ _9\"></span>d bila<span class=\"_ _9\"></span>teral fa<span class=\"_ _9\"></span>ciliti<span class=\"_ _9\"></span>es, com<span class=\"_ _9\"></span>merc<span class=\"_ _9\"></span>ial pa<span class=\"_ _9\"></span>per<span class=\"_ _11\"></span>, inte<span class=\"_ _9\"></span>res<span class=\"_ _9\"></span>t-rate s<span class=\"_ _9\"></span>waps and f<span class=\"_ _9\"></span>orei<span class=\"_ _9\"></span>gn exchan<span class=\"_ _9\"></span>ge swa<span class=\"_ _9\"></span>ps </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs3c1\">fall wi<span class=\"_ _9\"></span>thin Level 2, and th<span class=\"_ _9\"></span>e amo<span class=\"_ _9\"></span>unts p<span class=\"_ _9\"></span>ayab<span class=\"_ _9\"></span>le and re<span class=\"_ _9\"></span>cei<span class=\"_ _9\"></span>vabl<span class=\"_ _9\"></span>e under l<span class=\"_ _9\"></span>ea<span class=\"_ _9\"></span>ses fall w<span class=\"_ _9\"></span>ithin L<span class=\"_ _9\"></span>evel 3. </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs3c2\">The fair val<span class=\"_ _9\"></span>ues of th<span class=\"_ _9\"></span>e financ<span class=\"_ _9\"></span>ial ins<span class=\"_ _9\"></span>trum<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s ha<span class=\"_ _9\"></span>ve be<span class=\"_ _9\"></span>en de<span class=\"_ _9\"></span>termin<span class=\"_ _9\"></span>ed by re<span class=\"_ _9\"></span>fere<span class=\"_ _9\"></span>nce to re<span class=\"_ _9\"></span>levant mar<span class=\"_ _9\"></span>ket pric<span class=\"_ _9\"></span>es, wh<span class=\"_ _9\"></span>ere a<span class=\"_ _9\"></span>vailabl<span class=\"_ _9\"></span>e. The fair value<span class=\"_ _9\"></span>s of the<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs3c3\">Group\u2019<span class=\"_ _2\"></span>s out<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>tanding i<span class=\"_ _9\"></span>ntere<span class=\"_ _9\"></span>st-rate s<span class=\"_ _9\"></span>waps h<span class=\"_ _9\"></span>ave be<span class=\"_ _9\"></span>en e<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>timate<span class=\"_ _9\"></span>d by calc<span class=\"_ _9\"></span>ulatin<span class=\"_ _9\"></span>g the pr<span class=\"_ _9\"></span>ese<span class=\"_ _9\"></span>nt value of f<span class=\"_ _9\"></span>uture c<span class=\"_ _9\"></span>ash flow<span class=\"_ _9\"></span>s, using app<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>riate m<span class=\"_ _9\"></span>arket </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs3c4\">disco<span class=\"_ _9\"></span>unt rate<span class=\"_ _9\"></span>s. Thes<span class=\"_ _9\"></span>e valuati<span class=\"_ _9\"></span>on tec<span class=\"_ _9\"></span>hniqu<span class=\"_ _9\"></span>es fall w<span class=\"_ _9\"></span>ithin L<span class=\"_ _9\"></span>evel 2.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs3c5\">The fair val<span class=\"_ _9\"></span>ue of the r<span class=\"_ _9\"></span>ede<span class=\"_ _9\"></span>mpti<span class=\"_ _9\"></span>on liab<span class=\"_ _9\"></span>ilit<span class=\"_ _9\"></span>y is th<span class=\"_ _9\"></span>e pre<span class=\"_ _9\"></span>sent val<span class=\"_ _9\"></span>ue of the a<span class=\"_ _9\"></span>mount th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up would b<span class=\"_ _9\"></span>e re<span class=\"_ _9\"></span>quire<span class=\"_ _9\"></span>d to pay to s<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>tle th<span class=\"_ _9\"></span>e liabi<span class=\"_ _9\"></span>lit<span class=\"_ _9\"></span>y (<span class=\"_ _2\"></span>an<span class=\"_ gsd2\"> </span>exit<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs3c6\">pric<span class=\"_ _9\"></span>e<span class=\"_ _11\"></span>)<span class=\"_ _11\"></span>. More<span class=\"_ _9\"></span>over<span class=\"_ _11\"></span>, b<span class=\"_ _9\"></span>oth th<span class=\"_ _9\"></span>e fair value<span class=\"_ _9\"></span>s of the o<span class=\"_ _9\"></span>the<span class=\"_ _9\"></span>r inves<span class=\"_ _9\"></span>tment<span class=\"_ _9\"></span>s and th<span class=\"_ _9\"></span>e red<span class=\"_ _9\"></span>emp<span class=\"_ _9\"></span>tion li<span class=\"_ _9\"></span>abilit<span class=\"_ _9\"></span>y a<span class=\"_ _9\"></span>re calc<span class=\"_ _9\"></span>ulate<span class=\"_ _9\"></span>d by refe<span class=\"_ _9\"></span>renc<span class=\"_ _9\"></span>e to the ne<span class=\"_ _9\"></span>t as<span class=\"_ _9\"></span>set<span class=\"_ _9\"></span>s of th<span class=\"_ _9\"></span>eir </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs3c7\">resp<span class=\"_ _9\"></span>ec<span class=\"_ _a\"></span>tive under<span class=\"_ _9\"></span>lyin<span class=\"_ _9\"></span>g enti<span class=\"_ _9\"></span>ties. The valu<span class=\"_ _9\"></span>atio<span class=\"_ _9\"></span>ns are no<span class=\"_ _9\"></span>t ba<span class=\"_ _9\"></span>sed o<span class=\"_ _9\"></span>n obs<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>vab<span class=\"_ _9\"></span>le market d<span class=\"_ _9\"></span>ata an<span class=\"_ _9\"></span>d there<span class=\"_ _9\"></span>fore ar<span class=\"_ _9\"></span>e cons<span class=\"_ _9\"></span>ider<span class=\"_ _9\"></span>ed to fall w<span class=\"_ _9\"></span>ithin Leve<span class=\"_ _9\"></span>l 3.<span class=\"_ _335\"> </span></div><div class=\"t m0 ha2 ff1 fs7 fc2 sc0 lsd2 wse9 gs3c8\">SECTION 5<span class=\"_ _11\"></span> \u2013 WORKING CAPIT<span class=\"_ _1\"></span>AL<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs3c9\">This section focuses on ou<span class=\"_ _2\"></span>r working<span class=\"_ _2\"></span> capital<span class=\"_ _2\"></span> balances,<span class=\"_ _2\"></span> including<span class=\"_ _2\"></span> trade a<span class=\"_ _2\"></span>nd other receiva<span class=\"_ _2\"></span>bles and tr<span class=\"_ _2\"></span>ade and other<span class=\"_ _2\"></span> payables<span class=\"_ _2\"></span>.<span class=\"_ _335\"> </span></div><div class=\"t m0 ha2 ff1 fs7 fc0 sc0 ls164 ws1a1 gs3f7\">31<span class=\"_ _118\"> </span><span class=\"fc4 lsab ws199\">OTHER CU<span class=\"_ _9\"></span>RR<span class=\"_ _9\"></span>E<span class=\"_ _9\"></span>NT LIAB<span class=\"_ _9\"></span>ILITIE<span class=\"_ _9\"></span>S<span class=\"_ _335\"> </span></span></div><div class=\"gs2a5\"><table class=\"s w2bb hf9\" id=\"_4bde1272-a252-4ce9-b03d-fbda54ffc89f\"><tr><td></td><td class=\"t m0 x2ba h15 y3516 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y3516 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24d h15 y3517 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3517 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32cb w2b5 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Der<span class=\"_ _9\"></span>ivati<span class=\"_ _9\"></span>ve financi<span class=\"_ _9\"></span>al ins<span class=\"_ _9\"></span>trum<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s (<span class=\"_ _11\"></span>n<span class=\"_ _9\"></span>ote 2<span class=\"_ _2\"></span>4)<span class=\"_ _335\"> </span></div></td><td class=\"c n x39a y32cb w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6b8 y32cb w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y32cc w1e7 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws33\">Redemp<span class=\"_ _9\"></span>tion liabili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y</div><div class=\"t m0 x9a9 h16 y32a9 ff3 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c5 y32cc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">18<span class=\"_ _335\"> </span></div></td><td class=\"c n xd4b y32cc w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w2bc hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">T<span class=\"_ _11\"></span>otal other current liabilit<span class=\"_ _11\"></span>ie<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xad3 y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">18<span class=\"_ _335\"> </span></div></td><td class=\"c n x845 y32cd w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls19 ws1 gs3f8\">1. <span class=\"_ _9\"></span>O<span class=\"_ _9\"></span>n 8 Se<span class=\"_ _9\"></span>pt<span class=\"_ _9\"></span>emb<span class=\"_ _9\"></span>er 2025<span class=\"_ _11\"></span>, t<span class=\"_ _9\"></span>he G<span class=\"_ _9\"></span>rou<span class=\"_ _9\"></span>p gran<span class=\"_ _9\"></span>ted a p<span class=\"_ _9\"></span>ut o<span class=\"_ _9\"></span>pt<span class=\"_ _9\"></span>ion t<span class=\"_ _9\"></span>o the n<span class=\"_ _9\"></span>on-<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>ntro<span class=\"_ _9\"></span>lli<span class=\"_ _9\"></span>ng in<span class=\"_ _9\"></span>ter<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>t in L<span class=\"_ _9\"></span>ive<span class=\"_ _9\"></span>rp<span class=\"_ _9\"></span>oo<span class=\"_ _9\"></span>l ONE t<span class=\"_ _9\"></span>ha<span class=\"_ _9\"></span>t has b<span class=\"_ _9\"></span>e<span class=\"_ _9\"></span>en re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>gni<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>d as a r<span class=\"_ _9\"></span>ed<span class=\"_ _9\"></span>emp<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>on li<span class=\"_ _9\"></span>abi<span class=\"_ _9\"></span>lit<span class=\"_ _9\"></span>y a<span class=\"_ _9\"></span>t 31 March 2026<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></div><div class=\"t m0 ha2 ff1 fs7 fc0 sc0 ls14f ws186 gs3f9\">32<span class=\"_ _c6\"> </span><span class=\"fc4 lsab ws199\">OTHE<span class=\"_ _9\"></span>R NON<span class=\"_ _9\"></span>-CU<span class=\"_ _9\"></span>R<span class=\"_ _9\"></span>RE<span class=\"_ _9\"></span>NT LIAB<span class=\"_ _9\"></span>ILITIE<span class=\"_ _9\"></span>S<span class=\"_ _335\"> </span></span></div><div class=\"gs3fa\"><table class=\"s w2bd hfa\" id=\"_cb750a5a-5cc4-409e-98a9-61007fcc8dd5\"><tr><td></td><td class=\"t m0 x2ba h15 y3518 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y3518 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24d h15 y3519 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3519 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c x24f y329b w2be hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Net li<span class=\"_ _9\"></span>abili<span class=\"_ _9\"></span>ties in<span class=\"_ _9\"></span>curre<span class=\"_ _9\"></span>d on be<span class=\"_ _9\"></span>half o<span class=\"_ _9\"></span>f joint ven<span class=\"_ _9\"></span>tures</div><div class=\"t m0 xd4c h16 y32a9 ff3 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div><div class=\"t m0 xd4d h9 y3215 ff3 fs6 fc2 sc0 ls123 ws16a\">(n<span class=\"_ _9\"></span>o<span class=\"_ _a\"></span>t<span class=\"_ _9\"></span>e<span class=\"_ _a\"></span> 1<span class=\"_ _9\"></span>5<span class=\"_ _9\"></span>)<span class=\"_ _335\"> </span></div></td><td class=\"c n xd4e y329b w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd4f y329b w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3227 w2b5 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Der<span class=\"_ _9\"></span>ivati<span class=\"_ _9\"></span>ve financi<span class=\"_ _9\"></span>al ins<span class=\"_ _9\"></span>trum<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s (<span class=\"_ _11\"></span>n<span class=\"_ _9\"></span>ote 2<span class=\"_ _2\"></span>4)<span class=\"_ _335\"> </span></div></td><td class=\"c n xd46 y3227 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td><td class=\"c n xd47 y3227 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3228 w2bf hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">T<span class=\"_ _11\"></span>otal other non-current liabilities<span class=\"_ _335\"> </span></div></td><td class=\"c n xd50 y3228 w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td><td class=\"c n xd51 y3228 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls5 ws1 gs3fb\">1. <span class=\"_ _9\"></span>Th<span class=\"_ _9\"></span>e Gr<span class=\"_ _9\"></span>oup\u2019s shar<span class=\"_ _9\"></span>e of a<span class=\"_ _9\"></span>ccu<span class=\"_ _9\"></span>mul<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>d lo<span class=\"_ _9\"></span>ss<span class=\"_ _9\"></span>es o<span class=\"_ _9\"></span>f a joi<span class=\"_ _9\"></span>nt ve<span class=\"_ _9\"></span>ntur<span class=\"_ _9\"></span>e int<span class=\"_ _9\"></span>ere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t are r<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>og<span class=\"_ _9\"></span>nis<span class=\"_ _9\"></span>ed a<span class=\"_ _9\"></span>s ne<span class=\"_ _9\"></span>t lia<span class=\"_ _9\"></span>bil<span class=\"_ _9\"></span>iti<span class=\"_ _9\"></span>es (see n<span class=\"_ _9\"></span>ot<span class=\"_ _9\"></span>e 15) whe<span class=\"_ _9\"></span>re th<span class=\"_ _9\"></span>ere i<span class=\"_ _9\"></span>s an ob<span class=\"_ _9\"></span>li<span class=\"_ _9\"></span>ga<span class=\"_ _9\"></span>tio<span class=\"_ _9\"></span>n to pro<span class=\"_ _9\"></span>vi<span class=\"_ _9\"></span>de fo<span class=\"_ _9\"></span>r the<span class=\"_ _9\"></span>se l<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>s.</div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinancialInstrumentsExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-412": {
   "value": "21<span class=\"_ _118\"> </span><span class=\"fc4 lsfc ws13a\">BORRO<span class=\"_ _2\"></span>WINGS<span class=\"_ _335\"> </span></span>A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Bor<span class=\"_ _9\"></span>rowin<span class=\"_ _9\"></span>gs, oth<span class=\"_ _9\"></span>er than b<span class=\"_ _9\"></span>ank overdr<span class=\"_ _9\"></span>af<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s, are rec<span class=\"_ _9\"></span>ognis<span class=\"_ _9\"></span>ed ini<span class=\"_ _9\"></span>tially a<span class=\"_ _9\"></span>t fair valu<span class=\"_ _9\"></span>e les<span class=\"_ _9\"></span>s at<span class=\"_ _9\"></span>tri<span class=\"_ _9\"></span>butab<span class=\"_ _9\"></span>le trans<span class=\"_ _9\"></span>ac<span class=\"_ _9\"></span>tio<span class=\"_ _9\"></span>n cos<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s. Subsequ<span class=\"_ _9\"></span>ent to ini<span class=\"_ _9\"></span>tial<span class=\"_ _335\"> </span> reco<span class=\"_ _9\"></span>gni<span class=\"_ _9\"></span>tion, bo<span class=\"_ _9\"></span>rrowin<span class=\"_ _9\"></span>gs are s<span class=\"_ _9\"></span>tate<span class=\"_ _9\"></span>d at am<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>sed c<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>t wi<span class=\"_ _9\"></span>th any differen<span class=\"_ _9\"></span>ce be<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>wee<span class=\"_ _9\"></span>n the am<span class=\"_ _9\"></span>ount ini<span class=\"_ _9\"></span>tially r<span class=\"_ _9\"></span>eco<span class=\"_ _9\"></span>gnise<span class=\"_ _9\"></span>d and th<span class=\"_ _9\"></span>e red<span class=\"_ _9\"></span>emp<span class=\"_ _9\"></span>tion valu<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span> bein<span class=\"_ _9\"></span>g rec<span class=\"_ _9\"></span>ognis<span class=\"_ _9\"></span>ed in th<span class=\"_ _9\"></span>e inco<span class=\"_ _9\"></span>me s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent ove<span class=\"_ _9\"></span>r the pe<span class=\"_ _9\"></span>rio<span class=\"_ _9\"></span>d of the b<span class=\"_ _9\"></span>orrow<span class=\"_ _9\"></span>ings, us<span class=\"_ _9\"></span>ing the effe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>ve intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t meth<span class=\"_ _9\"></span>od.<span class=\"_ _335\"> </span>When d<span class=\"_ _9\"></span>eb<span class=\"_ _9\"></span>t refinanc<span class=\"_ _9\"></span>ing exerc<span class=\"_ _9\"></span>ises a<span class=\"_ _9\"></span>re carri<span class=\"_ _9\"></span>ed ou<span class=\"_ _9\"></span>t, exis<span class=\"_ _9\"></span>tin<span class=\"_ _9\"></span>g liabili<span class=\"_ _9\"></span>ties w<span class=\"_ _9\"></span>ill be tr<span class=\"_ _9\"></span>ea<span class=\"_ _9\"></span>ted as b<span class=\"_ _9\"></span>eing ex<span class=\"_ _a\"></span>tinguish<span class=\"_ _9\"></span>ed wh<span class=\"_ _9\"></span>en the n<span class=\"_ _9\"></span>ew liab<span class=\"_ _9\"></span>ilit<span class=\"_ _9\"></span>y is sub<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>tantially<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> differen<span class=\"_ _9\"></span>t from th<span class=\"_ _9\"></span>e exis<span class=\"_ _9\"></span>ting li<span class=\"_ _9\"></span>abili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>. In makin<span class=\"_ _9\"></span>g this as<span class=\"_ _9\"></span>ses<span class=\"_ _9\"></span>sme<span class=\"_ _9\"></span>nt, the Gro<span class=\"_ _9\"></span>up will c<span class=\"_ _9\"></span>onsi<span class=\"_ _9\"></span>der th<span class=\"_ _9\"></span>e transa<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tion a<span class=\"_ _9\"></span>s a who<span class=\"_ _9\"></span>le, taking into a<span class=\"_ _9\"></span>ccou<span class=\"_ _9\"></span>nt bo<span class=\"_ _9\"></span>th<span class=\"_ _335\"> </span> qualitat<span class=\"_ _2\"></span>ive and<span class=\"_ _2\"></span> quantit<span class=\"_ _2\"></span>ative char<span class=\"_ _2\"></span>acteris<span class=\"_ _9\"></span>tics.<span class=\"_ _335\"> </span><table class=\"s w246 he9\" id=\"_453522b2-88bb-47fc-919d-f8c0a345e42e\"><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m0 xb7f h15 y348c ff2 fsd fc2 sc0 ls76 ws13e\">Nominal/ </td><td></td><td class=\"c n xb80 y348d w1c hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></div></td><td class=\"t m0 xb81 h15 y348c ff3 fsd fc2 sc0 ls76 ws13e\">Nominal/ </td><td></td><td class=\"c n xb82 y348d w44 hb8\"><div class=\"t m0 x239 h15 y320f ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td></td><td></td><td></td><td class=\"t m0 xb83 h15 y348e ff2 fsd fc2 sc0 ls1 ws1\">Effective <span class=\"_ _11\"></span> </td><td class=\"t m0 xb84 h15 y348e ff2 fsd fc2 sc0 ls1 ws1\">notional </td><td class=\"t m0 xb85 h15 y348e ff2 fsd fc2 sc0 ls8a ws8d\">Fai<span class=\"_ _9\"></span>r <span class=\"ls1 ws1\"> </span></td><td class=\"t m0 xb86 h15 y348e ff2 fsd fc2 sc0 ls1 ws1\">Book </td><td class=\"t m0 xb87 h15 y348e ff3 fsd fc2 sc0 ls41 ws7c\">notional </td><td class=\"t m0 x43f h15 y348e ff3 fsd fc2 sc0 ls3f wsbc\">Fai<span class=\"_ _9\"></span>r <span class=\"ls1 ws1\"> </span></td><td class=\"t m0 x440 h15 y348e ff3 fsd fc2 sc0 ls1 ws1\">Book </td></tr><tr><td></td><td></td><td class=\"t m0 xb88 h15 y348f ff2 fsd fc2 sc0 ls114 ws170\">Secured<span class=\"_ _11\"></span>/<span class=\"ls1 ws1\"> </span></td><td class=\"t m0 xb89 h15 y348f ff2 fsd fc2 sc0 lsa6 ws96\">Fixed/<span class=\"ls1 ws1\"> </span></td><td class=\"t m0 xb8a h15 y348f ff2 fsd fc2 sc0 ls7b ws94\">inter<span class=\"_ _9\"></span>est r<span class=\"_ _9\"></span>ate<span class=\"_ _335\"> </span></td><td class=\"t m0 xb8b h15 y348f ff2 fsd fc2 sc0 ls1 ws1\">value </td><td class=\"t m0 xb8c h15 y348f ff2 fsd fc2 sc0 ls3a ws37\">valu<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span></td><td class=\"t m0 xb05 h15 y348f ff2 fsd fc2 sc0 ls3a ws37\">valu<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span></td><td class=\"t m0 xb8d h15 y348f ff3 fsd fc2 sc0 ls154 ws181\">value </td><td class=\"t m0 x6cd h15 y348f ff3 fsd fc2 sc0 ls154 ws181\">value<span class=\"_ _335\"> </span></td><td class=\"t m0 xb8e h15 y348f ff3 fsd fc2 sc0 ls154 ws181\">value<span class=\"_ _335\"> </span></td></tr><tr><td></td><td></td><td class=\"t m0 xb8f h15 y3490 ff2 fsd fc2 sc0 ls78 ws7e\">unsecured<span class=\"_ _335\"> </span></td><td class=\"t m0 xb90 h15 y3490 ff2 fsd fc2 sc0 ls8d ws95\">floa<span class=\"_ _9\"></span>ting<span class=\"_ _335\"> </span></td><td class=\"t m0 xb91 h15 y3490 ff2 fsd fc2 sc0 ls1 ws1\">%<span class=\"_ _335\"> </span></td><td class=\"t m0 xb92 h15 y3490 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 xb93 h15 y3490 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 xb94 h15 y3490 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 xb95 h15 y3490 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x437 h15 y3490 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x446 h15 y3490 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"t m0 x6ce h9 y3491 ff2 fs6 fc2 sc0 ls3c ws143\">Curren<span class=\"_ _9\"></span>t bo<span class=\"_ _9\"></span>rrowin<span class=\"_ _9\"></span>gs<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m0 x6ce h9 y3492 ff2 fs6 fc2 sc0 ls37 ws34\">Comme<span class=\"_ _9\"></span>rcial pape<span class=\"_ _9\"></span>r<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x447 y3493 w247 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws77\">Sterling<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xb96 y3493 w248 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Unsecured<span class=\"_ _335\"> </span></div></td><td class=\"c n xb97 y3493 w249 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Floating<span class=\"_ _335\"> </span></div></td><td class=\"c xb99 y3493 w24a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Various</div><div class=\"t m0 xb98 h16 y32a3 ff3 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xb9a y3493 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">228<span class=\"_ _335\"> </span></div></td><td class=\"c n xb9b y3493 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">228<span class=\"_ _335\"> </span></div></td><td class=\"c n xb9c y3493 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">228<span class=\"_ _335\"> </span></div></td><td class=\"c n xb9d y3493 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">270<span class=\"_ _335\"> </span></div></td><td class=\"c n xb9e y3493 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">270<span class=\"_ _335\"> </span></div></td><td class=\"c n xb9f y3493 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">270<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x447 y3494 w24b hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls40 wsbe\">Euro<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xba0 y3494 w24c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Unsecured<span class=\"_ _335\"> </span></div></td><td class=\"c n xba1 y3494 w249 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Floating<span class=\"_ _335\"> </span></div></td><td class=\"c xba3 y3494 w24d hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">V<span class=\"_ _11\"></span>arious</div><div class=\"t m0 xba2 h16 y32a9 ff3 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xb9a y3494 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">270<span class=\"_ _335\"> </span></div></td><td class=\"c n xb9b y3494 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">270<span class=\"_ _335\"> </span></div></td><td class=\"c n xb9c y3494 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">270<span class=\"_ _335\"> </span></div></td><td class=\"c n xb9d y3494 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">310<span class=\"_ _335\"> </span></div></td><td class=\"c n xb9e y3494 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">310<span class=\"_ _335\"> </span></div></td><td class=\"c n xb9f y3494 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">310<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x447 y3495 w24e hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls3c ws143\">US Do<span class=\"_ _9\"></span>llar<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xba4 y3495 w24c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Unsecured<span class=\"_ _335\"> </span></div></td><td class=\"c n xba5 y3495 w249 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Floating<span class=\"_ _335\"> </span></div></td><td class=\"c xba7 y3495 w24f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">V<span class=\"_ _11\"></span>arious</div><div class=\"t m0 xba6 h16 y32a3 ff3 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xb9a y3496 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">246<span class=\"_ _335\"> </span></div></td><td class=\"c n xb9b y3496 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">246<span class=\"_ _335\"> </span></div></td><td class=\"c n xb9c y3496 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">246<span class=\"_ _335\"> </span></div></td><td class=\"c n xb9d y3496 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">170<span class=\"_ _335\"> </span></div></td><td class=\"c n xb9e y3496 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">170<span class=\"_ _335\"> </span></div></td><td class=\"c n xb9f y3496 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">170<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x447 y3497 w250 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls37 ws34\">T<span class=\"_ _11\"></span>otal current borrowings<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td></td><td class=\"c n xba8 y3497 w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">744<span class=\"_ _335\"> </span></div></td><td class=\"c n xba9 y3497 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">744<span class=\"_ _335\"> </span></div></td><td class=\"c n xbaa y3497 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">744<span class=\"_ _335\"> </span></div></td><td class=\"c n xbab y3497 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">750<span class=\"_ _335\"> </span></div></td><td class=\"c n xbac y3497 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">750<span class=\"_ _335\"> </span></div></td><td class=\"c n xbad y3497 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">750<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3498 w251 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Amounts payable u<span class=\"_ _2\"></span>nder head leases<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td></td><td class=\"c n xbae y3498 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xbaf y3498 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb0 y3498 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb1 y3498 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb2 y3498 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x4d9 y3498 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x4c3 h9 y3499 ff2 fs6 fc2 sc0 ls37 ws34\">T<span class=\"_ _11\"></span>otal current borrowings including </td><td></td><td></td><td></td><td></td><td class=\"c n xb9a y349a w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">746<span class=\"_ _335\"> </span></div></td><td class=\"c n xb9b y349a w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">746<span class=\"_ _335\"> </span></div></td><td class=\"c n xb9c y349a w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">746<span class=\"_ _335\"> </span></div></td><td class=\"c n xb9d y349a w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">752<span class=\"_ _335\"> </span></div></td><td class=\"c n xb9e y349a w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">752<span class=\"_ _335\"> </span></div></td><td class=\"c n xb9f y349a w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">752<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x4c3 h9 y349b ff2 fs6 fc2 sc0 ls8f ws42\">amounts<span class=\"_ _2\"></span> payable<span class=\"_ _11\"></span> under head leases<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m0 x4c3 h9 y349c ff2 fs6 fc2 sc0 ls8f ws42\">Non-cur<span class=\"_ _11\"></span>rent borro<span class=\"_ _11\"></span>wings<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m0 x4c3 h9 y349d ff2 fs6 fc2 sc0 ls22 ws1\">Med<span class=\"_ _9\"></span>ium term notes (MTN)<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y349e w252 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">A16 <span class=\"_ _32\"></span>2<span class=\"_ _11\"></span>.37<span class=\"_ _1\"></span>5% MTN due 20<span class=\"_ _11\"></span>29<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xbb3 y349e w253 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Secured<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb4 y349e w254 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Fixed<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb5 y349e w131 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">2.5<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb6 y349e w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">350<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb7 y349e w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">340<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb8 y349e w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">350<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb9 y349e w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">350<span class=\"_ _335\"> </span></div></td><td class=\"c n xbba y349e w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">333<span class=\"_ _335\"> </span></div></td><td class=\"c n xbbb y349e w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">349<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y349f w255 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">A6<span class=\"_ _335\"> </span></div></td><td class=\"c n xbbc y349f w256 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">5<span class=\"_ _11\"></span>.3<span class=\"_ _11\"></span>7<span class=\"_ _11\"></span>6<span class=\"_ _11\"></span>% MTN due 20<span class=\"_ _2\"></span>29<span class=\"_ _335\"> </span></div></td><td class=\"c n xbbd y349f w253 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Secured<span class=\"_ _335\"> </span></div></td><td class=\"c n xbbe y349f w254 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Fixed<span class=\"_ _335\"> </span></div></td><td class=\"c n xbbf y349f w131 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">5.4<span class=\"_ _335\"> </span></div></td><td class=\"c n xbc0 y349f w2d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">65<span class=\"_ _335\"> </span></div></td><td class=\"c n xbc1 y349f w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">65<span class=\"_ _335\"> </span></div></td><td class=\"c n xbc2 y349f w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">65<span class=\"_ _335\"> </span></div></td><td class=\"c n xbc3 y349f w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">65<span class=\"_ _335\"> </span></div></td><td class=\"c n xbc4 y349f w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">65<span class=\"_ _335\"> </span></div></td><td class=\"c n xbc5 y349f w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">65<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y34a0 w257 hba\" colspan=\"2\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">A13 <span class=\"_ _32\"></span>2<span class=\"_ _11\"></span>.399<span class=\"_ _11\"></span>% MTN du<span class=\"_ _9\"></span>e 20<span class=\"_ _11\"></span>31<span class=\"_ _335\"> </span></div></td><td class=\"c n xbc6 y34a0 w258 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Secur<span class=\"_ _2\"></span>ed<span class=\"_ _335\"> </span></div></td><td class=\"c n xbc7 y34a0 w259 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Fix<span class=\"_ _11\"></span>ed<span class=\"_ _335\"> </span></div></td><td class=\"c n xbc8 y34a0 w131 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">2.4<span class=\"_ _335\"> </span></div></td><td class=\"c n xbc9 y34a0 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">300<span class=\"_ _335\"> </span></div></td><td class=\"c n xbca y34a0 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">278<span class=\"_ _335\"> </span></div></td><td class=\"c n xbcb y34a0 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">300<span class=\"_ _335\"> </span></div></td><td class=\"c n xbcc y34a0 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">300<span class=\"_ _335\"> </span></div></td><td class=\"c n xbcd y34a0 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">274<span class=\"_ _335\"> </span></div></td><td class=\"c n xbce y34a0 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">300<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y34a1 w255 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">A7<span class=\"_ _335\"> </span></div></td><td class=\"c n xbbc y34a1 w25a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">5<span class=\"_ _11\"></span>.3<span class=\"_ _11\"></span>96<span class=\"_ _11\"></span>% MTN due 20<span class=\"_ _2\"></span>3<span class=\"_ _2\"></span>2<span class=\"_ _335\"> </span></div></td><td class=\"c n xbcf y34a1 w253 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Secured<span class=\"_ _335\"> </span></div></td><td class=\"c n xbd0 y34a1 w25b hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Fixed<span class=\"_ _335\"> </span></div></td><td class=\"c n xbd1 y34a1 w131 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">5.4<span class=\"_ _335\"> </span></div></td><td class=\"c n xbd2 y34a1 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">77<span class=\"_ _335\"> </span></div></td><td class=\"c n xbd3 y34a1 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">77<span class=\"_ _335\"> </span></div></td><td class=\"c n xbd4 y34a1 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">77<span class=\"_ _335\"> </span></div></td><td class=\"c n xbd5 y34a1 w34 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">77<span class=\"_ _335\"> </span></div></td><td class=\"c n xbd6 y34a1 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">78<span class=\"_ _335\"> </span></div></td><td class=\"c n x9d5 y34a1 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">77<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y34a2 w252 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">A18 <span class=\"_ _32\"></span>4.<span class=\"_ _1\"></span>75<span class=\"_ _11\"></span>0% MTN due 203<span class=\"_ _11\"></span>3<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xbb3 y34a2 w253 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Secured<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb4 y34a2 w254 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Fixed<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb5 y34a2 w131 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">4.9<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb6 y34a2 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">300<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb7 y34a2 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">293<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb8 y34a2 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">297<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb9 y34a2 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">300<span class=\"_ _335\"> </span></div></td><td class=\"c n xbba y34a2 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">294<span class=\"_ _335\"> </span></div></td><td class=\"c n xbbb y34a2 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">295<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y34a3 w25c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">A17 <span class=\"_ _32\"></span>4.<span class=\"_ _11\"></span>8<span class=\"_ _11\"></span>7<span class=\"_ _2\"></span>5<span class=\"_ _2\"></span>% MTN due 20<span class=\"_ _11\"></span>34<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xbd7 y34a3 w253 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Secured<span class=\"_ _335\"> </span></div></td><td class=\"c n xbd8 y34a3 w25d hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Fix<span class=\"_ _2\"></span>ed<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb5 y34a3 w131 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">5.0<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb6 y34a3 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">400<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb7 y34a3 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">391<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb8 y34a3 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">395<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb9 y34a3 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">400<span class=\"_ _335\"> </span></div></td><td class=\"c n xbba y34a3 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">393<span class=\"_ _335\"> </span></div></td><td class=\"c n xbbb y34a3 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">396<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y34a4 w25e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">A11 <span class=\"_ _32\"></span>5<span class=\"_ _11\"></span>.12<span class=\"_ _11\"></span>5% MTN due 2<span class=\"_ _11\"></span>036<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xbd9 y34a4 w25f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Secured<span class=\"_ _335\"> </span></div></td><td class=\"c n xbda y34a4 w259 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Fix<span class=\"_ _11\"></span>ed<span class=\"_ _335\"> </span></div></td><td class=\"c n xbdb y34a4 w131 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">5.1<span class=\"_ _335\"> </span></div></td><td class=\"c n xbdc y34a4 w2d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">50<span class=\"_ _335\"> </span></div></td><td class=\"c n x841 y34a4 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">48<span class=\"_ _335\"> </span></div></td><td class=\"c n xbdd y34a4 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">50<span class=\"_ _335\"> </span></div></td><td class=\"c n xbde y34a4 w34 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">50<span class=\"_ _335\"> </span></div></td><td class=\"c n xbdf y34a4 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">47<span class=\"_ _335\"> </span></div></td><td class=\"c n xbe0 y34a4 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">50<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y34a5 w260 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">A1<span class=\"_ _11\"></span>9 <span class=\"_ _0\"> </span>4<span class=\"_ _11\"></span>.6<span class=\"_ _11\"></span>25<span class=\"_ _11\"></span>% MTN due 203<span class=\"_ _11\"></span>6<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xbe1 y34a5 w25f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Secured<span class=\"_ _335\"> </span></div></td><td class=\"c n xbe2 y34a5 w254 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Fixed<span class=\"_ _335\"> </span></div></td><td class=\"c n xbe3 y34a5 w131 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">4.9<span class=\"_ _335\"> </span></div></td><td class=\"c n xbe4 y34a5 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">350<span class=\"_ _335\"> </span></div></td><td class=\"c n xbe5 y34a5 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">328<span class=\"_ _335\"> </span></div></td><td class=\"c n xbe6 y34a5 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">346<span class=\"_ _335\"> </span></div></td><td class=\"c n xbe7 y34a5 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">350<span class=\"_ _335\"> </span></div></td><td class=\"c n xbe8 y34a5 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">330<span class=\"_ _335\"> </span></div></td><td class=\"c n x324 y34a5 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">346<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y34a6 w261 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">A14 <span class=\"_ _32\"></span>2<span class=\"_ _11\"></span>.6<span class=\"_ _11\"></span>25<span class=\"_ _11\"></span>% MTN du<span class=\"_ _9\"></span>e 20<span class=\"_ _11\"></span>39<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xbe9 y34a6 w253 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Secured<span class=\"_ _335\"> </span></div></td><td class=\"c n xbea y34a6 w254 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Fixed<span class=\"_ _335\"> </span></div></td><td class=\"c n xbdb y34a6 w131 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">2.6<span class=\"_ _335\"> </span></div></td><td class=\"c n xbeb y34a6 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">500<span class=\"_ _335\"> </span></div></td><td class=\"c n xbec y34a6 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">367<span class=\"_ _335\"> </span></div></td><td class=\"c n xbed y34a6 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">495<span class=\"_ _335\"> </span></div></td><td class=\"c n xbee y34a6 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">500<span class=\"_ _335\"> </span></div></td><td class=\"c n xbef y34a6 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">371<span class=\"_ _335\"> </span></div></td><td class=\"c n x465 y34a6 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">495<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y34a7 w252 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">A15 <span class=\"_ _32\"></span>2<span class=\"_ _11\"></span>.7<span class=\"_ _1\"></span>50% MTN due 20<span class=\"_ _11\"></span>59<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xbb3 y34a7 w253 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Secured<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb4 y34a7 w254 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Fixed<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb5 y34a7 w131 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">2.7<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb6 y34a7 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">500<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb7 y34a7 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">255<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb8 y34a7 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">495<span class=\"_ _335\"> </span></div></td><td class=\"c n xbb9 y34a7 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">500<span class=\"_ _335\"> </span></div></td><td class=\"c n xbba y34a7 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">275<span class=\"_ _335\"> </span></div></td><td class=\"c n xbbb y34a7 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">495<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td class=\"c n xbf0 y34a8 w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">2,892<span class=\"_ _335\"> </span></div></td><td class=\"c n xbf1 y34a8 w58 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">2,442<span class=\"_ _335\"> </span></div></td><td class=\"c n xbf2 y34a8 w58 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">2,870<span class=\"_ _335\"> </span></div></td><td class=\"c n xbf3 y34a8 w59 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">2,892<span class=\"_ _335\"> </span></div></td><td class=\"c n xbf4 y34a8 w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">2,460<span class=\"_ _335\"> </span></div></td><td class=\"c n xbf5 y34a8 w59 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">2,868<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y34a9 w262 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Syndicat<span class=\"_ _2\"></span>ed and bi<span class=\"_ _2\"></span>lateral ban<span class=\"_ _2\"></span>k debt<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xbf6 y34a9 w25f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Secured<span class=\"_ _335\"> </span></div></td><td class=\"c n xbf7 y34a9 w249 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Floating<span class=\"_ _335\"> </span></div></td><td class=\"c n xbf8 y34a9 w263 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">SONIA + margin<span class=\"_ _335\"> </span></div></td><td class=\"c n xbf9 y34a9 w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">746<span class=\"_ _335\"> </span></div></td><td class=\"c n xbfa y34a9 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">746<span class=\"_ _335\"> </span></div></td><td class=\"c n xbfb y34a9 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">746<span class=\"_ _335\"> </span></div></td><td class=\"c n xbfc y34a9 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">778<span class=\"_ _335\"> </span></div></td><td class=\"c n xbfd y34a9 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">778<span class=\"_ _335\"> </span></div></td><td class=\"c n x4df y34a9 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">778<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y34aa w264 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls37 ws34\">T<span class=\"_ _11\"></span>otal non-current borrowings<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td></td><td class=\"c n xbfe y34aa w58 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">3,638<span class=\"_ _335\"> </span></div></td><td class=\"c n xbff y34aa w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">3,188<span class=\"_ _335\"> </span></div></td><td class=\"c n xc00 y34aa w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">3,616<span class=\"_ _335\"> </span></div></td><td class=\"c n xc01 y34aa w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">3,670<span class=\"_ _335\"> </span></div></td><td class=\"c n xc02 y34aa w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">3,238<span class=\"_ _335\"> </span></div></td><td class=\"c n xc03 y34aa w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">3,646<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y34ab w251 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Amounts payable u<span class=\"_ _2\"></span>nder head leases<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xc04 y34ab w248 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Unsecured<span class=\"_ _335\"> </span></div></td><td class=\"c n xc05 y34ab w25b hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Fixed<span class=\"_ _335\"> </span></div></td><td class=\"c n xc06 y34ab w131 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">5.2<span class=\"_ _335\"> </span></div></td><td class=\"c n xc07 y34ab w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">133<span class=\"_ _335\"> </span></div></td><td class=\"c n xc08 y34ab w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">202<span class=\"_ _335\"> </span></div></td><td class=\"c n xc09 y34ab w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">133<span class=\"_ _335\"> </span></div></td><td class=\"c n xc0a y34ab w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">156<span class=\"_ _335\"> </span></div></td><td class=\"c n xc0b y34ab w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">230<span class=\"_ _335\"> </span></div></td><td class=\"c n x74e y34ab w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">156<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x4c3 h9 y34ac ff2 fs6 fc2 sc0 ls37 ws34\">T<span class=\"_ _11\"></span>otal non-current borrowings<span class=\"_ _9\"></span> </td><td></td><td></td><td></td><td></td><td class=\"c n xbf0 y34ad w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">3,771<span class=\"_ _335\"> </span></div></td><td class=\"c n xbf1 y34ad w58 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">3,390<span class=\"_ _335\"> </span></div></td><td class=\"c n xbf2 y34ad w58 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">3,749<span class=\"_ _335\"> </span></div></td><td class=\"c n xbf3 y34ad w59 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">3,826<span class=\"_ _335\"> </span></div></td><td class=\"c n xbf4 y34ad w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">3,468<span class=\"_ _335\"> </span></div></td><td class=\"c n xbf5 y34ad w59 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">3,802<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y34ae w265 hca\"><div class=\"t m0 x239 h9 y3300 ff2 fs6 fc2 sc0 ls8f ws42\">includi<span class=\"_ _2\"></span>ng amoun<span class=\"_ _11\"></span>ts payable under<span class=\"_ _335\"> </span></div><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">head leases<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m0 x4c3 h9 y34af ff2 fs6 fc2 sc0 ls37 ws34\">T<span class=\"_ _11\"></span>otal borrowing including amo<span class=\"_ _9\"></span>unts </td><td></td><td></td><td></td><td></td><td class=\"c n xbf0 y34b0 w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">4,517<span class=\"_ _335\"> </span></div></td><td class=\"c n xbf1 y34b0 w58 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">4,136<span class=\"_ _335\"> </span></div></td><td class=\"c n xbf2 y34b0 w58 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">4,495<span class=\"_ _335\"> </span></div></td><td class=\"c n xbf3 y34b0 w59 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">4,578<span class=\"_ _335\"> </span></div></td><td class=\"c n xbf4 y34b0 w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">4,220<span class=\"_ _335\"> </span></div></td><td class=\"c n xbf5 y34b0 w59 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">4,554<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x4c3 h9 y34b1 ff2 fs6 fc2 sc0 ls8f ws42\">payable<span class=\"_ _2\"></span> under head leases<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m0 x4c3 h9 y34b2 ff2 fs6 fc2 sc0 ls37 ws34\">T<span class=\"_ _11\"></span>otal borrowings excluding amounts<span class=\"_ _9\"></span> </td><td></td><td></td><td></td><td></td><td class=\"c n xbf0 y3301 w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">4,382<span class=\"_ _335\"> </span></div></td><td class=\"c n xbf1 y3301 w58 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">3,932<span class=\"_ _335\"> </span></div></td><td class=\"c n xbf2 y3301 w58 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">4,360<span class=\"_ _335\"> </span></div></td><td class=\"c n xbf3 y3301 w59 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">4,420<span class=\"_ _335\"> </span></div></td><td class=\"c n xbf4 y3301 w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">3,988<span class=\"_ _335\"> </span></div></td><td class=\"c n xbf5 y3301 w59 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">4,396<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x4c3 h9 y34b3 ff2 fs6 fc2 sc0 ls8f ws42\">payable<span class=\"_ _2\"></span> under head leases<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr></table>1. <span class=\"_ _9\"></span>N<span class=\"_ _9\"></span>on-Ster<span class=\"_ _9\"></span>lin<span class=\"_ _9\"></span>g co<span class=\"_ _9\"></span>mme<span class=\"_ _9\"></span>rc<span class=\"_ _9\"></span>ial p<span class=\"_ _9\"></span>ap<span class=\"_ _9\"></span>er is i<span class=\"_ _9\"></span>mm<span class=\"_ _9\"></span>edi<span class=\"_ _9\"></span>at<span class=\"_ _9\"></span>ely s<span class=\"_ _9\"></span>wa<span class=\"_ _9\"></span>pp<span class=\"_ _9\"></span>ed in<span class=\"_ _9\"></span>to Ster<span class=\"_ _9\"></span>lin<span class=\"_ _9\"></span>g. The in<span class=\"_ _9\"></span>ter<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>t ra<span class=\"_ _9\"></span>te i<span class=\"_ _9\"></span>s fixe<span class=\"_ _9\"></span>d at th<span class=\"_ _9\"></span>e tim<span class=\"_ _9\"></span>e of th<span class=\"_ _9\"></span>e is<span class=\"_ _9\"></span>su<span class=\"_ _9\"></span>anc<span class=\"_ _9\"></span>e for t<span class=\"_ _9\"></span>he du<span class=\"_ _9\"></span>rat<span class=\"_ _9\"></span>io<span class=\"_ _9\"></span>n and tr<span class=\"_ _9\"></span>ac<span class=\"_ _9\"></span>ks SO<span class=\"_ _9\"></span>NIA s<span class=\"_ _9\"></span>wap r<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>s.<span class=\"_ _335\"> </span>RECONCILIA<span class=\"_ _11\"></span>TION OF<span class=\"_ _11\"></span> MOVEMENTS IN<span class=\"_ _11\"></span> LIABILITIES ARISING F<span class=\"_ _11\"></span>ROM FINANCING<span class=\"_ _11\"></span> ACTIVITIES<span class=\"_ _335\"> </span><table class=\"s w266 hea\" id=\"_2234a5f0-7fac-46f2-afa6-761eeec1208d\"><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m0 xc0d h15 y34b4 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td></tr><tr><td></td><td></td><td></td><td></td><td class=\"t m0 xc0e h15 y34b5 ff2 fsd fc2 sc0 ls41 ws36\">Non-cash<span class=\"_ _2\"></span> changes<span class=\"_ _335\"> </span></td><td></td><td></td></tr><tr><td></td><td class=\"t m0 xc0f h15 y34b6 ff2 fsd fc2 sc0 ls112 ws77\">At th<span class=\"_ _9\"></span>e<span class=\"_ _9\"></span> </td><td></td><td class=\"t m0 xc10 h15 y34b6 ff2 fsd fc2 sc0 ls1 ws1\">Foreign </td><td class=\"t m0 xc11 h15 y34b6 ff2 fsd fc2 sc0 ls41 ws7c\">Other </td><td></td><td class=\"t m0 xc12 h15 y34b6 ff2 fsd fc2 sc0 ls41 ws36\">At<span class=\"_ _11\"></span> the end <span class=\"ls1 ws1\"> </span></td></tr><tr><td></td><td class=\"t m0 xc13 h15 y34b7 ff2 fsd fc2 sc0 ls76 ws13e\">beginning </td><td></td><td class=\"t m0 xc14 h15 y34b7 ff2 fsd fc2 sc0 ls41 ws7c\">excha<span class=\"_ _2\"></span>nge </td><td class=\"t m0 xc15 h15 y34b7 ff2 fsd fc2 sc0 ls41 ws36\">changes i<span class=\"_ _2\"></span>n </td><td class=\"t m0 xc16 h15 y34b7 ff2 fsd fc2 sc0 ls41 ws7c\">Other </td><td class=\"t m0 xc17 h15 y34b7 ff2 fsd fc2 sc0 ls1 ws8e\">of the </td></tr><tr><td></td><td class=\"t m0 xc18 h15 y34b8 ff2 fsd fc2 sc0 ls74 ws1\">of the y<span class=\"_ _9\"></span>ear<span class=\"_ _335\"> </span></td><td class=\"t m0 xc19 h15 y34b8 ff2 fsd fc2 sc0 ls1 ws1a7\">Cash flows<span class=\"_ _335\"> </span></td><td class=\"t m0 xc1a h15 y34b8 ff2 fsd fc2 sc0 ls7a ws1a8\">mov<span class=\"_ _2\"></span>ements<span class=\"_ _335\"> </span></td><td class=\"t m0 xc1b h15 y34b8 ff2 fsd fc2 sc0 ls76 ws7b\">fair values<span class=\"_ _335\"> </span></td><td class=\"t m0 xc1c h15 y34b8 ff2 fsd fc2 sc0 ls41 ws7c\">changes<span class=\"_ _335\"> </span></td><td class=\"t m0 xc0d h15 y34b8 ff2 fsd fc2 sc0 ls3a ws37\">year<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 xc1d h15 y34b9 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 xc1e h15 y34b9 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 xc1f h15 y34b9 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 xc20 h15 y34b9 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 xc21 h15 y34b9 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 xc22 h15 y34b9 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32e3 w67 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws48\">Borrowings<span class=\"_ _335\"> </span></div></td><td class=\"c n xc23 y32e3 w19a hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">4,554<span class=\"_ _335\"> </span></div></td><td class=\"c n xc24 y32e3 w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(38)<span class=\"_ _335\"> </span></div></td><td class=\"c n xc25 y32e3 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xc26 y32e3 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xc27 y32e3 w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(23)<span class=\"_ _335\"> </span></div></td><td class=\"c n xc28 y32e3 w66 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">4,495<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e4 w267 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Derivative fi<span class=\"_ _11\"></span>nancial instruments<span class=\"_ _335\"> </span></div></td><td class=\"c n xc29 y32e4 w25 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n xc2a y32e4 w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(16)<span class=\"_ _335\"> </span></div></td><td class=\"c n xc2b y32e4 w8d hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td><td class=\"c n xc2c y32e4 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td><td class=\"c n xaa5 y32e4 w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(6)<span class=\"_ _335\"> </span></div></td><td class=\"c n xc2d y32e4 w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(9)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3356 w268 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws33\">Redemp<span class=\"_ _9\"></span>tion liabili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _335\"> </span></div></td><td class=\"c n xc2e y3356 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xc2f y3356 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x3d8 y3356 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xc30 y3356 w37 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xc31 y3356 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">18<span class=\"_ _335\"> </span></div></td><td class=\"c n xc32 y3356 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">18<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n xc33 y32cd w19a hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">4,558<span class=\"_ _335\"> </span></div></td><td class=\"c n xc34 y32cd w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(54)<span class=\"_ _335\"> </span></div></td><td class=\"c n xc35 y32cd w37 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xc36 y32cd w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td><td class=\"c n xc37 y32cd w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(11)<span class=\"_ _335\"> </span></div></td><td class=\"c n xc38 y32cd w66 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">4,504<span class=\"_ _335\"> </span></div></td></tr></table><table class=\"s w269 heb\" id=\"_9f9aac58-106e-40c2-868f-18a97ed1e310\"><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m0 xc0d h15 y34ba ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32cb w67 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws48\">Borrowings<span class=\"_ _335\"> </span></div></td><td class=\"c n xc39 y32cb w1b8 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">3,780<span class=\"_ _335\"> </span></div></td><td class=\"c n xc3a y32cb w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">401<span class=\"_ _335\"> </span></div></td><td class=\"c n xc3b y32cb w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xc3c y32cb w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(10)<span class=\"_ _335\"> </span></div></td><td class=\"c n xc3d y32cb w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">381<span class=\"_ _335\"> </span></div></td><td class=\"c n x2e2 y32cb w5e hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">4,554<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w267 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Derivative fi<span class=\"_ _11\"></span>nancial instruments<span class=\"_ _335\"> </span></div></td><td class=\"c n xc3e y32cc w2a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(25)<span class=\"_ _335\"> </span></div></td><td class=\"c n xc3f y32cc w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(6)<span class=\"_ _335\"> </span></div></td><td class=\"c n xc40 y32cc w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td><td class=\"c n x507 y32cc w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">23<span class=\"_ _335\"> </span></div></td><td class=\"c n x58f y32cc w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xab4 y32cc w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n xc41 y32cd w5e hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">3,755<span class=\"_ _335\"> </span></div></td><td class=\"c n xc42 y32cd w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">395<span class=\"_ _335\"> </span></div></td><td class=\"c n xc43 y32cd w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">13<span class=\"_ _335\"> </span></div></td><td class=\"c n xc44 y32cd w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">13<span class=\"_ _335\"> </span></div></td><td class=\"c n xc45 y32cd w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">382<span class=\"_ _335\"> </span></div></td><td class=\"c n xc46 y32cd w5e hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">4,558<span class=\"_ _335\"> </span></div></td></tr></table>The MTNs are s<span class=\"_ _9\"></span>ecur<span class=\"_ _9\"></span>ed on th<span class=\"_ _9\"></span>e fixed an<span class=\"_ _9\"></span>d floa<span class=\"_ _9\"></span>ting p<span class=\"_ _9\"></span>ool o<span class=\"_ _9\"></span>f ass<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s of the S<span class=\"_ _9\"></span>ecu<span class=\"_ _9\"></span>rit<span class=\"_ _9\"></span>y Gr<span class=\"_ _9\"></span>oup. The Sec<span class=\"_ _9\"></span>urit<span class=\"_ _9\"></span>y G<span class=\"_ _9\"></span>roup inc<span class=\"_ _9\"></span>lude<span class=\"_ _9\"></span>s wh<span class=\"_ _9\"></span>olly ow<span class=\"_ _9\"></span>ne<span class=\"_ _9\"></span>d inves<span class=\"_ _9\"></span>tmen<span class=\"_ _9\"></span>t prop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>es, devel<span class=\"_ _9\"></span>opm<span class=\"_ _9\"></span>ent p<span class=\"_ _9\"></span>rope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s and a numb<span class=\"_ _9\"></span>er o<span class=\"_ _9\"></span>f the Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s inves<span class=\"_ _9\"></span>tm<span class=\"_ _9\"></span>ent in ot<span class=\"_ _9\"></span>her as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ts, in to<span class=\"_ _9\"></span>tal valued a<span class=\"_ _9\"></span>t <span class=\"ff2 ls119 ws144\">\u00a31<span class=\"_ _9\"></span>0.<span class=\"_ _9\"></span>4<span class=\"_ _9\"></span>b<span class=\"_ _a\"></span>n</span> a<span class=\"_ _9\"></span>t 31 March 2026 (2025:<span class=\"_ gsd2\"> </span>\u00a3<span class=\"_ _2\"></span>10<span class=\"_ _11\"></span>.0bn<span class=\"_ _2\"></span>)<span class=\"_ _1\"></span>. Th<span class=\"_ _9\"></span>e se<span class=\"_ _9\"></span>cure<span class=\"_ _9\"></span>d deb<span class=\"_ _9\"></span>t st<span class=\"_ _9\"></span>ruc<span class=\"_ _9\"></span>tur<span class=\"_ _9\"></span>e has a tie<span class=\"_ _9\"></span>red o<span class=\"_ _9\"></span>per<span class=\"_ _9\"></span>ating c<span class=\"_ _9\"></span>ovenant r<span class=\"_ _9\"></span>egim<span class=\"_ _9\"></span>e whic<span class=\"_ _9\"></span>h gives t<span class=\"_ _9\"></span>he Gro<span class=\"_ _9\"></span>up subs<span class=\"_ _9\"></span>tantial fl<span class=\"_ _9\"></span>exibili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y wh<span class=\"_ _9\"></span>en the<span class=\"_ _9\"></span> loan-to<span class=\"_ _9\"></span>-value and inte<span class=\"_ _9\"></span>res<span class=\"_ _9\"></span>t cove<span class=\"_ _9\"></span>r in the Se<span class=\"_ _9\"></span>curi<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y Gro<span class=\"_ _9\"></span>up are le<span class=\"_ _9\"></span>ss than 65% and mo<span class=\"_ _9\"></span>re than 1.45x respe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tive<span class=\"_ _9\"></span>ly<span class=\"_ _11\"></span>. If the<span class=\"_ _9\"></span>se limi<span class=\"_ _9\"></span>ts are e<span class=\"_ _9\"></span>xcee<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>d, the ope<span class=\"_ _9\"></span>ratin<span class=\"_ _9\"></span>g environ<span class=\"_ _9\"></span>ment b<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>ome<span class=\"_ _9\"></span>s mo<span class=\"_ _9\"></span>re res<span class=\"_ _9\"></span>tri<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tive w<span class=\"_ _9\"></span>ith prov<span class=\"_ _9\"></span>isio<span class=\"_ _9\"></span>ns to en<span class=\"_ _9\"></span>coura<span class=\"_ _9\"></span>ge a re<span class=\"_ _9\"></span>duc<span class=\"_ _9\"></span>tio<span class=\"_ _9\"></span>n in ge<span class=\"_ _9\"></span>aring. The inter<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>t rate o<span class=\"_ _9\"></span>f eac<span class=\"_ _9\"></span>h MTN is fixed<span class=\"_ _9\"></span> until the ex<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ted m<span class=\"_ _9\"></span>aturi<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>, be<span class=\"_ _9\"></span>ing t<span class=\"_ _9\"></span>wo year<span class=\"_ _9\"></span>s b<span class=\"_ _9\"></span>efore th<span class=\"_ _9\"></span>e le<span class=\"_ _9\"></span>gal ma<span class=\"_ _9\"></span>turit<span class=\"_ _9\"></span>y d<span class=\"_ _9\"></span>ate of th<span class=\"_ _9\"></span>e MTN. The intere<span class=\"_ _9\"></span>st r<span class=\"_ _9\"></span>ate for th<span class=\"_ _9\"></span>e las<span class=\"_ _9\"></span>t t<span class=\"_ _9\"></span>wo ye<span class=\"_ _9\"></span>ars m<span class=\"_ _9\"></span>ay ei<span class=\"_ _9\"></span>ther<span class=\"_ _9\"></span> be<span class=\"_ _9\"></span>come fl<span class=\"_ _9\"></span>oa<span class=\"_ _9\"></span>ting on a SO<span class=\"_ _9\"></span>NIA basi<span class=\"_ _9\"></span>s plus a<span class=\"_ _9\"></span>n incre<span class=\"_ _9\"></span>ase<span class=\"_ _9\"></span>d margin (relati<span class=\"_ _9\"></span>ve to that a<span class=\"_ _9\"></span>t the time o<span class=\"_ _9\"></span>f issu<span class=\"_ _9\"></span>e<span class=\"_ _11\"></span>)<span class=\"_ _11\"></span>, o<span class=\"_ _9\"></span>r subjec<span class=\"_ _a\"></span>t to a fixed coup<span class=\"_ _9\"></span>on upl<span class=\"_ _9\"></span>if<span class=\"_ _9\"></span>t, dep<span class=\"_ _9\"></span>endi<span class=\"_ _9\"></span>ng on the ter<span class=\"_ _9\"></span>ms and c<span class=\"_ _9\"></span>ondi<span class=\"_ _9\"></span>tions o<span class=\"_ _9\"></span>f the sp<span class=\"_ _9\"></span>ecific n<span class=\"_ _9\"></span>ote<span class=\"_ _9\"></span>s. The effe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tive in<span class=\"_ _9\"></span>teres<span class=\"_ _9\"></span>t ra<span class=\"_ _9\"></span>te is ba<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>d on the co<span class=\"_ _9\"></span>upo<span class=\"_ _9\"></span>n paid an<span class=\"_ _9\"></span>d inclu<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>s the amo<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tis<span class=\"_ _9\"></span>ation o<span class=\"_ _9\"></span>f issu<span class=\"_ _9\"></span>e cos<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s and dis<span class=\"_ _9\"></span>count to r<span class=\"_ _9\"></span>ede<span class=\"_ _9\"></span>mpti<span class=\"_ _9\"></span>on value. The MTNs<span class=\"_ _9\"></span> are lis<span class=\"_ _9\"></span>ted o<span class=\"_ _9\"></span>n the Iri<span class=\"_ _9\"></span>sh Stock E<span class=\"_ _9\"></span>xchan<span class=\"_ _9\"></span>ge and th<span class=\"_ _9\"></span>eir fair valu<span class=\"_ _9\"></span>es are b<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>ed on th<span class=\"_ _9\"></span>eir re<span class=\"_ _9\"></span>spe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tive m<span class=\"_ _9\"></span>arket pri<span class=\"_ _9\"></span>ces. SYNDICA<span class=\"_ _11\"></span>TED AND<span class=\"_ _11\"></span> BIL<span class=\"_ _9\"></span>A<span class=\"_ _11\"></span>TER<span class=\"_ _9\"></span>AL BANK DEB<span class=\"_ _11\"></span>T<span class=\"_ _335\"> </span><table class=\"s w269 hd6\" id=\"_7242fb2f-9b8d-4cee-9a2b-3560ca81b150\"><tr><td></td><td></td><td></td><td class=\"c n xc47 y336a w26a hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls1 ws1\">Authorised<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xc48 y336a w26b hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls78 ws7e\">Drawn<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xc49 y336a w26c hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls78 ws7e\">Undrawn<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"t m0 xc4a h15 y34bb ff2 fsd fc2 sc0 ls74 ws1\">Matu<span class=\"_ _9\"></span>rit<span class=\"_ _9\"></span>y as at<span class=\"_ _9\"></span> <span class=\"ls1\"> </span></td><td class=\"t m0 xc4b h15 y34bb ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 xc4c h15 y34bb ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td><td class=\"t m0 xc4d h15 y34bb ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 xc4e h15 y34bb ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td><td class=\"t m0 xc4f h15 y34bb ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 xc0d h15 y34bb ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 xc4a h15 y34bc ff2 fsd fc2 sc0 ls3f ws3c\">31 Ma<span class=\"_ _9\"></span>rc<span class=\"_ _9\"></span>h 2026<span class=\"_ _335\"> </span></td><td class=\"t m0 xc1d h15 y34bc ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 xc50 h15 y34bc ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 xc1f h15 y34bc ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 xc20 h15 y34bc ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 xc21 h15 y34bc ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 xc22 h15 y34bc ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32cb w26d hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Syndicat<span class=\"_ _2\"></span>ed debt<span class=\"_ _335\"> </span></div></td><td class=\"c n xc51 y32cb w26e hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">2027-30<span class=\"_ _335\"> </span></div></td><td class=\"c n xc52 y32cb w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">2,550<span class=\"_ _335\"> </span></div></td><td class=\"c n x85f y32cb w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">2,490<span class=\"_ _335\"> </span></div></td><td class=\"c n xc53 y32cb w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">746<span class=\"_ _335\"> </span></div></td><td class=\"c n xc54 y32cb w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">778<span class=\"_ _335\"> </span></div></td><td class=\"c n xc55 y32cb w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,804<span class=\"_ _335\"> </span></div></td><td class=\"c n xc56 y32cb w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,712<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w26f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Bilateral<span class=\"_ _2\"></span> debt<span class=\"_ _335\"> </span></div></td><td class=\"c n xc57 y32cc w270 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">2026<span class=\"_ _335\"> </span></div></td><td class=\"c n xc58 y32cc w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">100<span class=\"_ _335\"> </span></div></td><td class=\"c n xc59 y32cc w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">100<span class=\"_ _335\"> </span></div></td><td class=\"c n xc5a y32cc w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xc5b y32cc w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x564 y32cc w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">100<span class=\"_ _335\"> </span></div></td><td class=\"c n x565 y32cc w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">100<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td></td><td class=\"c n xc33 y32cd w19a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">2,650<span class=\"_ _335\"> </span></div></td><td class=\"c n xc5c y32cd w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">2,590<span class=\"_ _335\"> </span></div></td><td class=\"c n x655 y32cd w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">746<span class=\"_ _335\"> </span></div></td><td class=\"c n xc5d y32cd w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">778<span class=\"_ _335\"> </span></div></td><td class=\"c n xa56 y32cd w58 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,904<span class=\"_ _335\"> </span></div></td><td class=\"c n xb5b y32cd w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,812<span class=\"_ _335\"> </span></div></td></tr></table>On 2 Ma<span class=\"_ _9\"></span>y 2025, the Gro<span class=\"_ _9\"></span>up put in p<span class=\"_ _9\"></span>lac<span class=\"_ _9\"></span>e a new \u00a3<span class=\"_ _9\"></span>300<span class=\"_ _9\"></span>m bank f<span class=\"_ _9\"></span>acili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y wit<span class=\"_ _9\"></span>h a final ma<span class=\"_ _9\"></span>turit<span class=\"_ _9\"></span>y of N<span class=\"_ _9\"></span>ovemb<span class=\"_ _9\"></span>er 2027<span class=\"_ _1\"></span>. On 13 Oc<span class=\"_ _9\"></span>tobe<span class=\"_ _9\"></span>r 2025, the Grou<span class=\"_ _9\"></span>p exercis<span class=\"_ _9\"></span>ed ex<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>nsio<span class=\"_ _9\"></span>n opti<span class=\"_ _9\"></span>ons o<span class=\"_ _9\"></span>n the exi<span class=\"_ _9\"></span>stin<span class=\"_ _9\"></span>g sy<span class=\"_ _9\"></span>ndica<span class=\"_ _9\"></span>ted f<span class=\"_ _9\"></span>acili<span class=\"_ _9\"></span>ties ex<span class=\"_ _a\"></span>tending ma<span class=\"_ _9\"></span>turit<span class=\"_ _9\"></span>y d<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>s to 2028 and 2030 on the sam<span class=\"_ _9\"></span>e terms. Dur<span class=\"_ _9\"></span>ing the ye<span class=\"_ _9\"></span>ar ende<span class=\"_ _9\"></span>d 31 March 2026<span class=\"_ _2\"></span>, the amo<span class=\"_ _9\"></span>unts dr<span class=\"_ _9\"></span>awn u<span class=\"_ _9\"></span>nder th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s fac<span class=\"_ _9\"></span>ilitie<span class=\"_ _9\"></span>s de<span class=\"_ _9\"></span>crea<span class=\"_ _9\"></span>sed by <span class=\"ff2 ls7e ws102\">\u00a3<span class=\"_ _9\"></span>32m</span>. At 3<span class=\"_ _11\"></span>1 Ma<span class=\"_ _9\"></span>rch 2026, the Group\u2019<span class=\"_ _11\"></span>s co<span class=\"_ _9\"></span>mmi<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>ted fac<span class=\"_ _9\"></span>ilitie<span class=\"_ _9\"></span>s tot<span class=\"_ _2\"></span>al<span class=\"_ _2\"></span>led <span class=\"_ _2\"></span><span class=\"ff2 ls92 ws9d\">\u00a3<span class=\"_ _9\"></span>2<span class=\"_ _a\"></span>,65<span class=\"_ _9\"></span>0<span class=\"_ _9\"></span>m<span class=\"_ _9\"></span><span class=\"ff3 ls22 ws1\"> (<span class=\"_ _9\"></span>2025: \u00a32,59<span class=\"_ _11\"></span>0<span class=\"_ _9\"></span>m<span class=\"_ _11\"></span>)<span class=\"_ _11\"></span>. All th<span class=\"_ _9\"></span>e comm<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>ted s<span class=\"_ _9\"></span>yn<span class=\"_ _9\"></span>dica<span class=\"_ _9\"></span>ted and b<span class=\"_ _9\"></span>ila<span class=\"_ _9\"></span>teral fac<span class=\"_ _9\"></span>ilitie<span class=\"_ _9\"></span>s are se<span class=\"_ _9\"></span>cure<span class=\"_ _9\"></span>d on the a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s of the S<span class=\"_ _9\"></span>ecur<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>y Gro<span class=\"_ _9\"></span>up.<span class=\"_ _335\"> </span></span></span>The term<span class=\"_ _9\"></span>s of the S<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>urit<span class=\"_ _9\"></span>y G<span class=\"_ _9\"></span>roup fun<span class=\"_ _9\"></span>ding arr<span class=\"_ _9\"></span>angem<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s re<span class=\"_ _9\"></span>quire und<span class=\"_ _9\"></span>rawn f<span class=\"_ _9\"></span>acili<span class=\"_ _9\"></span>ties to b<span class=\"_ _9\"></span>e res<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>ve<span class=\"_ _9\"></span>d wh<span class=\"_ _9\"></span>ere s<span class=\"_ _9\"></span>yndi<span class=\"_ _9\"></span>cate<span class=\"_ _9\"></span>d and bil<span class=\"_ _9\"></span>atera<span class=\"_ _9\"></span>l facili<span class=\"_ _9\"></span>ties m<span class=\"_ _9\"></span>ature<span class=\"_ _9\"></span> withi<span class=\"_ _9\"></span>n one ye<span class=\"_ _9\"></span>ar<span class=\"_ _11\"></span>, or wh<span class=\"_ _9\"></span>en co<span class=\"_ _9\"></span>mme<span class=\"_ _9\"></span>rcial p<span class=\"_ _9\"></span>aper i<span class=\"_ _9\"></span>s issu<span class=\"_ _9\"></span>ed. The a<span class=\"_ _9\"></span>vailabl<span class=\"_ _9\"></span>e financi<span class=\"_ _9\"></span>al he<span class=\"_ _9\"></span>adro<span class=\"_ _9\"></span>om, bein<span class=\"_ _9\"></span>g the to<span class=\"_ _9\"></span>tal amoun<span class=\"_ _9\"></span>t of cash a<span class=\"_ _9\"></span>nd avail<span class=\"_ _9\"></span>able un<span class=\"_ _9\"></span>draw<span class=\"_ _9\"></span>n facili<span class=\"_ _9\"></span>ties, n<span class=\"_ _9\"></span>et of c<span class=\"_ _9\"></span>omm<span class=\"_ _9\"></span>ercial p<span class=\"_ _9\"></span>ape<span class=\"_ _9\"></span>r<span class=\"_ _11\"></span>, at 31 March 2026 was <span class=\"ff2 ls120 ws156\">\u00a31,26<span class=\"_ _9\"></span>6<span class=\"_ _9\"></span>m</span> (<span class=\"_ _9\"></span>2025: \u00a3<span class=\"_ _11\"></span>1,<span class=\"_ _11\"></span>101m<span class=\"_ _11\"></span>)<span class=\"_ _1\"></span>.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfBorrowingsExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-456": {
   "value": "A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Bor<span class=\"_ _9\"></span>rowin<span class=\"_ _9\"></span>gs, oth<span class=\"_ _9\"></span>er than b<span class=\"_ _9\"></span>ank overdr<span class=\"_ _9\"></span>af<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s, are rec<span class=\"_ _9\"></span>ognis<span class=\"_ _9\"></span>ed ini<span class=\"_ _9\"></span>tially a<span class=\"_ _9\"></span>t fair valu<span class=\"_ _9\"></span>e les<span class=\"_ _9\"></span>s at<span class=\"_ _9\"></span>tri<span class=\"_ _9\"></span>butab<span class=\"_ _9\"></span>le trans<span class=\"_ _9\"></span>ac<span class=\"_ _9\"></span>tio<span class=\"_ _9\"></span>n cos<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s. Subsequ<span class=\"_ _9\"></span>ent to ini<span class=\"_ _9\"></span>tial<span class=\"_ _335\"> </span>reco<span class=\"_ _9\"></span>gni<span class=\"_ _9\"></span>tion, bo<span class=\"_ _9\"></span>rrowin<span class=\"_ _9\"></span>gs are s<span class=\"_ _9\"></span>tate<span class=\"_ _9\"></span>d at am<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>sed c<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>t wi<span class=\"_ _9\"></span>th any differen<span class=\"_ _9\"></span>ce be<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>wee<span class=\"_ _9\"></span>n the am<span class=\"_ _9\"></span>ount ini<span class=\"_ _9\"></span>tially r<span class=\"_ _9\"></span>eco<span class=\"_ _9\"></span>gnise<span class=\"_ _9\"></span>d and th<span class=\"_ _9\"></span>e red<span class=\"_ _9\"></span>emp<span class=\"_ _9\"></span>tion valu<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span>bein<span class=\"_ _9\"></span>g rec<span class=\"_ _9\"></span>ognis<span class=\"_ _9\"></span>ed in th<span class=\"_ _9\"></span>e inco<span class=\"_ _9\"></span>me s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent ove<span class=\"_ _9\"></span>r the pe<span class=\"_ _9\"></span>rio<span class=\"_ _9\"></span>d of the b<span class=\"_ _9\"></span>orrow<span class=\"_ _9\"></span>ings, us<span class=\"_ _9\"></span>ing the effe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>ve intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t meth<span class=\"_ _9\"></span>od.<span class=\"_ _335\"> </span>When d<span class=\"_ _9\"></span>eb<span class=\"_ _9\"></span>t refinanc<span class=\"_ _9\"></span>ing exerc<span class=\"_ _9\"></span>ises a<span class=\"_ _9\"></span>re carri<span class=\"_ _9\"></span>ed ou<span class=\"_ _9\"></span>t, exis<span class=\"_ _9\"></span>tin<span class=\"_ _9\"></span>g liabili<span class=\"_ _9\"></span>ties w<span class=\"_ _9\"></span>ill be tr<span class=\"_ _9\"></span>ea<span class=\"_ _9\"></span>ted as b<span class=\"_ _9\"></span>eing ex<span class=\"_ _a\"></span>tinguish<span class=\"_ _9\"></span>ed wh<span class=\"_ _9\"></span>en the n<span class=\"_ _9\"></span>ew liab<span class=\"_ _9\"></span>ilit<span class=\"_ _9\"></span>y is sub<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>tantially<span class=\"_ _335\"> </span>differen<span class=\"_ _9\"></span>t from th<span class=\"_ _9\"></span>e exis<span class=\"_ _9\"></span>ting li<span class=\"_ _9\"></span>abili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>. In makin<span class=\"_ _9\"></span>g this as<span class=\"_ _9\"></span>ses<span class=\"_ _9\"></span>sme<span class=\"_ _9\"></span>nt, the Gro<span class=\"_ _9\"></span>up will c<span class=\"_ _9\"></span>onsi<span class=\"_ _9\"></span>der th<span class=\"_ _9\"></span>e transa<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tion a<span class=\"_ _9\"></span>s a who<span class=\"_ _9\"></span>le, taking into a<span class=\"_ _9\"></span>ccou<span class=\"_ _9\"></span>nt bo<span class=\"_ _9\"></span>th<span class=\"_ _335\"> </span>qualitat<span class=\"_ _2\"></span>ive and<span class=\"_ _2\"></span> quantit<span class=\"_ _2\"></span>ative char<span class=\"_ _2\"></span>acteris<span class=\"_ _9\"></span>tics.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForBorrowingsExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-475": {
   "value": "A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Bor<span class=\"_ _9\"></span>rowin<span class=\"_ _9\"></span>gs, oth<span class=\"_ _9\"></span>er than b<span class=\"_ _9\"></span>ank overdr<span class=\"_ _9\"></span>af<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s, are rec<span class=\"_ _9\"></span>ognis<span class=\"_ _9\"></span>ed ini<span class=\"_ _9\"></span>tially a<span class=\"_ _9\"></span>t fair valu<span class=\"_ _9\"></span>e les<span class=\"_ _9\"></span>s at<span class=\"_ _9\"></span>tri<span class=\"_ _9\"></span>butab<span class=\"_ _9\"></span>le trans<span class=\"_ _9\"></span>ac<span class=\"_ _9\"></span>tio<span class=\"_ _9\"></span>n cos<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s. Subsequ<span class=\"_ _9\"></span>ent to ini<span class=\"_ _9\"></span>tial<span class=\"_ _335\"> </span>reco<span class=\"_ _9\"></span>gni<span class=\"_ _9\"></span>tion, bo<span class=\"_ _9\"></span>rrowin<span class=\"_ _9\"></span>gs are s<span class=\"_ _9\"></span>tate<span class=\"_ _9\"></span>d at am<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>sed c<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>t wi<span class=\"_ _9\"></span>th any differen<span class=\"_ _9\"></span>ce be<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>wee<span class=\"_ _9\"></span>n the am<span class=\"_ _9\"></span>ount ini<span class=\"_ _9\"></span>tially r<span class=\"_ _9\"></span>eco<span class=\"_ _9\"></span>gnise<span class=\"_ _9\"></span>d and th<span class=\"_ _9\"></span>e red<span class=\"_ _9\"></span>emp<span class=\"_ _9\"></span>tion valu<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span>bein<span class=\"_ _9\"></span>g rec<span class=\"_ _9\"></span>ognis<span class=\"_ _9\"></span>ed in th<span class=\"_ _9\"></span>e inco<span class=\"_ _9\"></span>me s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent ove<span class=\"_ _9\"></span>r the pe<span class=\"_ _9\"></span>rio<span class=\"_ _9\"></span>d of the b<span class=\"_ _9\"></span>orrow<span class=\"_ _9\"></span>ings, us<span class=\"_ _9\"></span>ing the effe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>ve intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t meth<span class=\"_ _9\"></span>od.<span class=\"_ _335\"> </span>When d<span class=\"_ _9\"></span>eb<span class=\"_ _9\"></span>t refinanc<span class=\"_ _9\"></span>ing exerc<span class=\"_ _9\"></span>ises a<span class=\"_ _9\"></span>re carri<span class=\"_ _9\"></span>ed ou<span class=\"_ _9\"></span>t, exis<span class=\"_ _9\"></span>tin<span class=\"_ _9\"></span>g liabili<span class=\"_ _9\"></span>ties w<span class=\"_ _9\"></span>ill be tr<span class=\"_ _9\"></span>ea<span class=\"_ _9\"></span>ted as b<span class=\"_ _9\"></span>eing ex<span class=\"_ _a\"></span>tinguish<span class=\"_ _9\"></span>ed wh<span class=\"_ _9\"></span>en the n<span class=\"_ _9\"></span>ew liab<span class=\"_ _9\"></span>ilit<span class=\"_ _9\"></span>y is sub<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>tantially<span class=\"_ _335\"> </span>differen<span class=\"_ _9\"></span>t from th<span class=\"_ _9\"></span>e exis<span class=\"_ _9\"></span>ting li<span class=\"_ _9\"></span>abili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>. In makin<span class=\"_ _9\"></span>g this as<span class=\"_ _9\"></span>ses<span class=\"_ _9\"></span>sme<span class=\"_ _9\"></span>nt, the Gro<span class=\"_ _9\"></span>up will c<span class=\"_ _9\"></span>onsi<span class=\"_ _9\"></span>der th<span class=\"_ _9\"></span>e transa<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tion a<span class=\"_ _9\"></span>s a who<span class=\"_ _9\"></span>le, taking into a<span class=\"_ _9\"></span>ccou<span class=\"_ _9\"></span>nt bo<span class=\"_ _9\"></span>th<span class=\"_ _335\"> </span>qualitat<span class=\"_ _2\"></span>ive and<span class=\"_ _2\"></span> quantit<span class=\"_ _2\"></span>ative char<span class=\"_ _2\"></span>acteris<span class=\"_ _9\"></span>tics.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-413": {
   "value": "<div class=\"t m0 ha2 ff1 fs7 fc0 sc0 ls15e ws19a gs33c\">22<span class=\"_ _b2\"> </span><span class=\"fc4 lsd2 wsf3\">MONIES HELD IN RESTRICTED AC<span class=\"_ _2\"></span>COUNTS AND<span class=\"_ _11\"></span> DE<span class=\"_ _9\"></span>POSITS<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h4a ff1 fs1 fc0 sc0 ls1 ws1 gs33d\">A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs33e\">Monies held in<span class=\"_ _11\"></span> res<span class=\"_ _9\"></span>tricted accounts and deposits represent c<span class=\"_ _2\"></span>ash held b<span class=\"_ _2\"></span>y the Grou<span class=\"_ _2\"></span>p in acc<span class=\"_ _2\"></span>ounts with condit<span class=\"_ _2\"></span>ions that r<span class=\"_ _2\"></span>estric<span class=\"_ _9\"></span>t the access of<span class=\"_ _2\"></span> these<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs33f\">moni<span class=\"_ _9\"></span>es by the G<span class=\"_ _9\"></span>roup and, as su<span class=\"_ _9\"></span>ch, do<span class=\"_ _9\"></span>es no<span class=\"_ _9\"></span>t me<span class=\"_ _9\"></span>et the d<span class=\"_ _9\"></span>efiniti<span class=\"_ _9\"></span>on of ca<span class=\"_ _9\"></span>sh and ca<span class=\"_ _9\"></span>sh equ<span class=\"_ _9\"></span>ivale<span class=\"_ _9\"></span>nts.<span class=\"_ _335\"> </span></div><div class=\"gs340\"><table class=\"s w271 hd6\" id=\"_d01cdb94-02a8-4f90-bb97-b30bf036829d\"><tr><td></td><td></td><td class=\"c n x2b6 y336a w4e hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls76 ws13e\">Group<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n x2b7 y336a w4f hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls3f wsbc\">Co<span class=\"_ _9\"></span>m<span class=\"_ _9\"></span>pa<span class=\"_ _9\"></span>ny<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"t m0 x2b8 h15 y34bd ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x2b9 h15 y34bd ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td><td class=\"t m0 x2ba h15 y34bd ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y34bd ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24b h15 y34be ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y34be ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y34be ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y34be ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32e4 w272 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Shor<span class=\"_ _9\"></span>t-<span class=\"_ _2\"></span>term deposits<span class=\"_ _335\"> </span></div></td><td class=\"c n xc5e y32e4 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n xc5f y32e4 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">15<span class=\"_ _335\"> </span></div></td><td class=\"c n xc60 y32e4 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xc61 y32e4 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3356 w273 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Cash a<span class=\"_ _9\"></span>t ban<span class=\"_ _9\"></span>k and in han<span class=\"_ _9\"></span>d<span class=\"_ _335\"> </span></div></td><td class=\"c n xc62 y3356 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td><td class=\"c n x973 y3356 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n xc63 y3356 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xc64 y3356 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n xc65 y32cd w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td><td class=\"c n xc66 y32cd w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">20<span class=\"_ _335\"> </span></div></td><td class=\"c n xc67 y32cd w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xc68 y32cd w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr></table></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfRestrictedCashAndCashEquivalentsExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-386": {
   "value": "22<span class=\"_ _b2\"> </span><span class=\"fc4 lsd2 wsf3\">MONIES HELD IN RESTRICTED AC<span class=\"_ _2\"></span>COUNTS AND<span class=\"_ _11\"></span> DE<span class=\"_ _9\"></span>POSITS<span class=\"_ _335\"> </span></span>A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Monies held in<span class=\"_ _11\"></span> res<span class=\"_ _9\"></span>tricted accounts and deposits represent c<span class=\"_ _2\"></span>ash held b<span class=\"_ _2\"></span>y the Grou<span class=\"_ _2\"></span>p in acc<span class=\"_ _2\"></span>ounts with condit<span class=\"_ _2\"></span>ions that r<span class=\"_ _2\"></span>estric<span class=\"_ _9\"></span>t the access of<span class=\"_ _2\"></span> these<span class=\"_ _335\"> </span>moni<span class=\"_ _9\"></span>es by the G<span class=\"_ _9\"></span>roup and, as su<span class=\"_ _9\"></span>ch, do<span class=\"_ _9\"></span>es no<span class=\"_ _9\"></span>t me<span class=\"_ _9\"></span>et the d<span class=\"_ _9\"></span>efiniti<span class=\"_ _9\"></span>on of ca<span class=\"_ _9\"></span>sh and ca<span class=\"_ _9\"></span>sh equ<span class=\"_ _9\"></span>ivale<span class=\"_ _9\"></span>nts.<span class=\"_ _335\"> </span><table class=\"s w271 hd6\" id=\"_d01cdb94-02a8-4f90-bb97-b30bf036829d\"><tr><td></td><td></td><td class=\"c n x2b6 y336a w4e hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls76 ws13e\">Group<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n x2b7 y336a w4f hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls3f wsbc\">Co<span class=\"_ _9\"></span>m<span class=\"_ _9\"></span>pa<span class=\"_ _9\"></span>ny<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"t m0 x2b8 h15 y34bd ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x2b9 h15 y34bd ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td><td class=\"t m0 x2ba h15 y34bd ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y34bd ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24b h15 y34be ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y34be ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y34be ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y34be ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32e4 w272 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Shor<span class=\"_ _9\"></span>t-<span class=\"_ _2\"></span>term deposits<span class=\"_ _335\"> </span></div></td><td class=\"c n xc5e y32e4 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n xc5f y32e4 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">15<span class=\"_ _335\"> </span></div></td><td class=\"c n xc60 y32e4 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xc61 y32e4 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3356 w273 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Cash a<span class=\"_ _9\"></span>t ban<span class=\"_ _9\"></span>k and in han<span class=\"_ _9\"></span>d<span class=\"_ _335\"> </span></div></td><td class=\"c n xc62 y3356 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td><td class=\"c n x973 y3356 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n xc63 y3356 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xc64 y3356 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n xc65 y32cd w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td><td class=\"c n xc66 y32cd w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">20<span class=\"_ _335\"> </span></div></td><td class=\"c n xc67 y32cd w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xc68 y32cd w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr></table>23<span class=\"_ _b2\"> </span><span class=\"fc4 ls1a ws1\">CA<span class=\"_ _9\"></span>SH A<span class=\"_ _9\"></span>ND C<span class=\"_ _9\"></span>A<span class=\"_ _9\"></span>SH EQU<span class=\"_ _9\"></span>IV<span class=\"_ _11\"></span>A<span class=\"_ _9\"></span>LENT<span class=\"_ _9\"></span>S<span class=\"_ _335\"> </span></span>A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Cash an<span class=\"_ _9\"></span>d cash e<span class=\"_ _9\"></span>qui<span class=\"_ _9\"></span>valent<span class=\"_ _9\"></span>s com<span class=\"_ _9\"></span>pris<span class=\"_ _9\"></span>e cash b<span class=\"_ _9\"></span>alan<span class=\"_ _9\"></span>ces, de<span class=\"_ _9\"></span>pos<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>s held a<span class=\"_ _9\"></span>t call w<span class=\"_ _9\"></span>ith b<span class=\"_ _9\"></span>anks an<span class=\"_ _9\"></span>d oth<span class=\"_ _9\"></span>er sho<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>t-term highl<span class=\"_ _9\"></span>y liqui<span class=\"_ _9\"></span>d inves<span class=\"_ _9\"></span>tmen<span class=\"_ _9\"></span>ts w<span class=\"_ _9\"></span>ith<span class=\"_ _335\"> </span>origin<span class=\"_ _9\"></span>al mat<span class=\"_ _9\"></span>uritie<span class=\"_ _9\"></span>s of thre<span class=\"_ _9\"></span>e mo<span class=\"_ _9\"></span>nths or l<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>s. Monies th<span class=\"_ _9\"></span>at are r<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>tric<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d by use o<span class=\"_ _9\"></span>nly<span class=\"_ _11\"></span>, an<span class=\"_ _9\"></span>d not r<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>tric<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d by acc<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>s, are clas<span class=\"_ _9\"></span>sified a<span class=\"_ _9\"></span>s cash an<span class=\"_ _9\"></span>d cash<span class=\"_ _335\"> </span>equi<span class=\"_ _9\"></span>valent<span class=\"_ _9\"></span>s. Bank ove<span class=\"_ _9\"></span>rdraf<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s tha<span class=\"_ _9\"></span>t are rep<span class=\"_ _9\"></span>ayab<span class=\"_ _9\"></span>le on d<span class=\"_ _9\"></span>eman<span class=\"_ _9\"></span>d and for<span class=\"_ _9\"></span>m an integra<span class=\"_ _9\"></span>l par<span class=\"_ _9\"></span>t o<span class=\"_ _9\"></span>f the Gr<span class=\"_ _9\"></span>oup\u2019<span class=\"_ _11\"></span>s ca<span class=\"_ _9\"></span>sh man<span class=\"_ _9\"></span>agem<span class=\"_ _9\"></span>ent ar<span class=\"_ _9\"></span>e ded<span class=\"_ _9\"></span>uc<span class=\"_ _9\"></span>ted f<span class=\"_ _9\"></span>rom<span class=\"_ _335\"> </span>cash an<span class=\"_ _9\"></span>d cash e<span class=\"_ _9\"></span>quival<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s for th<span class=\"_ _9\"></span>e purp<span class=\"_ _9\"></span>ose of th<span class=\"_ _9\"></span>e s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent of c<span class=\"_ _9\"></span>ash flow<span class=\"_ _9\"></span>s.<span class=\"_ _335\"> </span><table class=\"s w274 hec\" id=\"_d12cf25b-cd88-4979-95b1-a5c3656640b7\"><tr><td></td><td></td><td class=\"c n x2b6 y34bf w4e hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls76 ws13e\">Group<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n x2b7 y34bf w4f hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls3f wsbc\">Co<span class=\"_ _9\"></span>m<span class=\"_ _9\"></span>pa<span class=\"_ _9\"></span>ny<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"t m0 x2b8 h15 y34c0 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x2b9 h15 y34c0 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td><td class=\"t m0 x2ba h15 y34c0 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y34c0 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24b h15 y34c1 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y34c1 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y34c1 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y34c1 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32cb w273 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Cash a<span class=\"_ _9\"></span>t ban<span class=\"_ _9\"></span>k and in han<span class=\"_ _9\"></span>d<span class=\"_ _335\"> </span></div></td><td class=\"c n xc69 y32cb w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">68<span class=\"_ _335\"> </span></div></td><td class=\"c n x67e y32cb w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">30<span class=\"_ _335\"> </span></div></td><td class=\"c n xc6a y32cb w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xc6b y32cb w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w272 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Shor<span class=\"_ _9\"></span>t-<span class=\"_ _2\"></span>term deposits<span class=\"_ _335\"> </span></div></td><td class=\"c n x765 y32cc w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">38<span class=\"_ _335\"> </span></div></td><td class=\"c n x973 y32cc w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">9<span class=\"_ _335\"> </span></div></td><td class=\"c n xc63 y32cc w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xc64 y32cc w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n x23a y32cd w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">106<span class=\"_ _335\"> </span></div></td><td class=\"c n xc6c y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">39<span class=\"_ _335\"> </span></div></td><td class=\"c n x77d y32cd w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xc6d y32cd w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td></tr></table>The Gr<span class=\"_ _9\"></span>oup\u2019<span class=\"_ _11\"></span>s ca<span class=\"_ _9\"></span>sh and ca<span class=\"_ _9\"></span>sh eq<span class=\"_ _9\"></span>uivale<span class=\"_ _9\"></span>nts an<span class=\"_ _9\"></span>d bank ove<span class=\"_ _9\"></span>rdraf<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s are subj<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>t to ca<span class=\"_ _9\"></span>sh po<span class=\"_ _9\"></span>olin<span class=\"_ _9\"></span>g arrang<span class=\"_ _9\"></span>eme<span class=\"_ _9\"></span>nts. The fo<span class=\"_ _9\"></span>llow<span class=\"_ _9\"></span>ing tabl<span class=\"_ _9\"></span>e provi<span class=\"_ _9\"></span>des d<span class=\"_ _9\"></span>etail<span class=\"_ _9\"></span>s of<span class=\"_ _335\"> </span>cash b<span class=\"_ _9\"></span>alanc<span class=\"_ _9\"></span>es an<span class=\"_ _9\"></span>d bank ove<span class=\"_ _9\"></span>rdraf<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s whi<span class=\"_ _9\"></span>ch are subje<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t to offs<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>tin<span class=\"_ _9\"></span>g agre<span class=\"_ _9\"></span>eme<span class=\"_ _9\"></span>nts.<span class=\"_ _335\"> </span><table class=\"s w275 hed\" id=\"_6c814dfa-769b-4c6c-a3d1-a014cb9c94dd\"><tr><td></td><td></td><td></td><td class=\"c n x23a y34c2 w1c hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></div></td><td></td><td></td><td class=\"c n x23b y34c2 w1d hbc\"><div class=\"t m0 x239 h15 y3229 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"t m0 x337 h15 y34c3 ff2 fsd fc2 sc0 ls1 ws1\">Gross </td><td class=\"t m0 x243 h15 y34c4 ff2 fsd fc2 sc0 ls1 ws1\">Gross </td><td class=\"t m0 xc6e h15 y34c5 ff2 fsd fc2 sc0 ls7a ws38\">Net amou<span class=\"_ _2\"></span>nts </td><td class=\"t m0 x4ef h15 y34c6 ff3 fsd fc2 sc0 ls11c ws150\">Gross </td><td class=\"t m0 x246 h15 y34c7 ff3 fsd fc2 sc0 ls11c ws150\">Gross </td><td class=\"t m0 xc6f h15 y34c8 ff3 fsd fc2 sc0 ls76 ws7b\">Net amount<span class=\"_ _9\"></span>s </td></tr><tr><td></td><td class=\"t m0 x5be h15 y34c9 ff2 fsd fc2 sc0 ls78 ws7f\">amounts of </td><td class=\"t m0 x9be h15 y34ca ff2 fsd fc2 sc0 ls78 ws7f\">amounts of </td><td class=\"t m0 xc6e h15 y34cb ff2 fsd fc2 sc0 ls1 ws8e\">recognised in </td><td class=\"t m0 x938 h15 y34cc ff3 fsd fc2 sc0 ls76 ws7b\">amounts of </td><td class=\"t m0 x5bf h15 y34cd ff3 fsd fc2 sc0 ls76 ws7b\">amounts of </td><td class=\"t m0 xc6f h15 y34ce ff3 fsd fc2 sc0 ls76 ws7b\">recogni<span class=\"_ _9\"></span>sed in </td></tr><tr><td></td><td class=\"t m0 x33c h15 y34cf ff2 fsd fc2 sc0 ls1 ws1\">financial </td><td class=\"t m0 x792 h15 y34d0 ff2 fsd fc2 sc0 ls1 ws1\">financial </td><td class=\"t m0 xc70 h15 y34d1 ff2 fsd fc2 sc0 ls78 ws7f\">the balance </td><td class=\"t m0 x7c4 h15 y34d2 ff3 fsd fc2 sc0 ls76 ws13e\">financial </td><td class=\"t m0 x340 h15 y34d3 ff3 fsd fc2 sc0 ls76 ws13e\">financial </td><td class=\"t m0 xc71 h15 y34d4 ff3 fsd fc2 sc0 ls76 ws7b\">the balance </td></tr><tr><td></td><td class=\"t m0 xc72 h15 y34d5 ff2 fsd fc2 sc0 ls1 ws1\">assets<span class=\"_ _335\"> </span></td><td class=\"t m0 xc73 h15 y34d6 ff2 fsd fc2 sc0 ls78 ws7e\">liabilities<span class=\"_ _335\"> </span></td><td class=\"t m0 x9c1 h15 y34d7 ff2 fsd fc2 sc0 ls11c ws150\">sheet<span class=\"_ _335\"> </span></td><td class=\"t m0 x576 h15 y34d8 ff3 fsd fc2 sc0 lsa6 ws96\">assets<span class=\"_ _335\"> </span></td><td class=\"t m0 x340 h15 y34d9 ff3 fsd fc2 sc0 ls76 ws13e\">liabilities<span class=\"_ _335\"> </span></td><td class=\"t m0 x7c1 h15 y34da ff3 fsd fc2 sc0 ls77 ws7d\">sheet<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x249 h15 y34db ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24a h15 y34dc ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24b h15 y34dd ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y34de ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y34df ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y34e0 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"t m0 x297 h9 y34e1 ff2 fs6 fc2 sc0 ls65 ws63\">Assets<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y32cc w61 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls65 ws90\">Cash and cash equivalents<span class=\"_ _335\"> </span></div></td><td class=\"c n xc74 y32cc w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">170<span class=\"_ _335\"> </span></div></td><td class=\"c n xc75 y32cc w2b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(64)<span class=\"_ _335\"> </span></div></td><td class=\"c n xc76 y32cc w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">106<span class=\"_ _335\"> </span></div></td><td class=\"c n xc77 y32cc w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">140<span class=\"_ _335\"> </span></div></td><td class=\"c n xc78 y32cc w29 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(101)<span class=\"_ _335\"> </span></div></td><td class=\"c n x6dc y32cc w34 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">39<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n x25e y32cd w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">170<span class=\"_ _335\"> </span></div></td><td class=\"c n x25f y32cd w2b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(64)<span class=\"_ _335\"> </span></div></td><td class=\"c n x260 y32cd w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">106<span class=\"_ _335\"> </span></div></td><td class=\"c n x261 y32cd w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">140<span class=\"_ _335\"> </span></div></td><td class=\"c n xc79 y32cd w29 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(101)<span class=\"_ _335\"> </span></div></td><td class=\"c n xc7a y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">39</div></td></tr></table>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfCashAndCashEquivalentsExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-457": {
   "value": "22<span class=\"_ _b2\"> </span><span class=\"fc4 lsd2 wsf3\">MONIES HELD IN RESTRICTED AC<span class=\"_ _2\"></span>COUNTS AND<span class=\"_ _11\"></span> DE<span class=\"_ _9\"></span>POSITS<span class=\"_ _335\"> </span></span>A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Monies held in<span class=\"_ _11\"></span> res<span class=\"_ _9\"></span>tricted accounts and deposits represent c<span class=\"_ _2\"></span>ash held b<span class=\"_ _2\"></span>y the Grou<span class=\"_ _2\"></span>p in acc<span class=\"_ _2\"></span>ounts with condit<span class=\"_ _2\"></span>ions that r<span class=\"_ _2\"></span>estric<span class=\"_ _9\"></span>t the access of<span class=\"_ _2\"></span> these<span class=\"_ _335\"> </span>moni<span class=\"_ _9\"></span>es by the G<span class=\"_ _9\"></span>roup and, as su<span class=\"_ _9\"></span>ch, do<span class=\"_ _9\"></span>es no<span class=\"_ _9\"></span>t me<span class=\"_ _9\"></span>et the d<span class=\"_ _9\"></span>efiniti<span class=\"_ _9\"></span>on of ca<span class=\"_ _9\"></span>sh and ca<span class=\"_ _9\"></span>sh equ<span class=\"_ _9\"></span>ivale<span class=\"_ _9\"></span>nts.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForRestrictedCashAndCashEquivalentsExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-458": {
   "value": "A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Cash an<span class=\"_ _9\"></span>d cash e<span class=\"_ _9\"></span>qui<span class=\"_ _9\"></span>valent<span class=\"_ _9\"></span>s com<span class=\"_ _9\"></span>pris<span class=\"_ _9\"></span>e cash b<span class=\"_ _9\"></span>alan<span class=\"_ _9\"></span>ces, de<span class=\"_ _9\"></span>pos<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>s held a<span class=\"_ _9\"></span>t call w<span class=\"_ _9\"></span>ith b<span class=\"_ _9\"></span>anks an<span class=\"_ _9\"></span>d oth<span class=\"_ _9\"></span>er sho<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>t-term highl<span class=\"_ _9\"></span>y liqui<span class=\"_ _9\"></span>d inves<span class=\"_ _9\"></span>tmen<span class=\"_ _9\"></span>ts w<span class=\"_ _9\"></span>ith<span class=\"_ _335\"> </span>origin<span class=\"_ _9\"></span>al mat<span class=\"_ _9\"></span>uritie<span class=\"_ _9\"></span>s of thre<span class=\"_ _9\"></span>e mo<span class=\"_ _9\"></span>nths or l<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>s. Monies th<span class=\"_ _9\"></span>at are r<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>tric<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d by use o<span class=\"_ _9\"></span>nly<span class=\"_ _11\"></span>, an<span class=\"_ _9\"></span>d not r<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>tric<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d by acc<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>s, are clas<span class=\"_ _9\"></span>sified a<span class=\"_ _9\"></span>s cash an<span class=\"_ _9\"></span>d cash<span class=\"_ _335\"> </span>equi<span class=\"_ _9\"></span>valent<span class=\"_ _9\"></span>s. Bank ove<span class=\"_ _9\"></span>rdraf<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s tha<span class=\"_ _9\"></span>t are rep<span class=\"_ _9\"></span>ayab<span class=\"_ _9\"></span>le on d<span class=\"_ _9\"></span>eman<span class=\"_ _9\"></span>d and for<span class=\"_ _9\"></span>m an integra<span class=\"_ _9\"></span>l par<span class=\"_ _9\"></span>t o<span class=\"_ _9\"></span>f the Gr<span class=\"_ _9\"></span>oup\u2019<span class=\"_ _11\"></span>s ca<span class=\"_ _9\"></span>sh man<span class=\"_ _9\"></span>agem<span class=\"_ _9\"></span>ent ar<span class=\"_ _9\"></span>e ded<span class=\"_ _9\"></span>uc<span class=\"_ _9\"></span>ted f<span class=\"_ _9\"></span>rom<span class=\"_ _335\"> </span>cash an<span class=\"_ _9\"></span>d cash e<span class=\"_ _9\"></span>quival<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s for th<span class=\"_ _9\"></span>e purp<span class=\"_ _9\"></span>ose of th<span class=\"_ _9\"></span>e s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent of c<span class=\"_ _9\"></span>ash flow<span class=\"_ _9\"></span>s.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-414": {
   "value": "24<span class=\"_ _b2\"> </span><span class=\"fc4 lsd2 wsf3\">DERIV<span class=\"_ _11\"></span>A<span class=\"_ _11\"></span>TIVE<span class=\"_ _2\"></span> FINANCIAL<span class=\"_ _2\"></span> INSTRUMEN<span class=\"_ _2\"></span>TS<span class=\"_ _335\"> </span></span>A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>The Gr<span class=\"_ _9\"></span>oup use<span class=\"_ _9\"></span>s inter<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>t rate an<span class=\"_ _9\"></span>d fore<span class=\"_ _9\"></span>ign excha<span class=\"_ _9\"></span>nge s<span class=\"_ _9\"></span>waps and f<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>ward<span class=\"_ _9\"></span>s to mana<span class=\"_ _9\"></span>ge it<span class=\"_ _9\"></span>s market r<span class=\"_ _9\"></span>isk. In acc<span class=\"_ _9\"></span>ordan<span class=\"_ _9\"></span>ce wi<span class=\"_ _9\"></span>th it<span class=\"_ _9\"></span>s trea<span class=\"_ _9\"></span>sur<span class=\"_ _9\"></span>y p<span class=\"_ _9\"></span>olic<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>,<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> the Group<span class=\"_ _2\"></span> does not hold or issue<span class=\"_ _2\"></span> derivative<span class=\"_ _2\"></span> financia<span class=\"_ _2\"></span>l instruments for t<span class=\"_ _11\"></span>rading purposes.<span class=\"_ _335\"> </span>All de<span class=\"_ _9\"></span>rivati<span class=\"_ _9\"></span>ve financ<span class=\"_ _9\"></span>ial ins<span class=\"_ _9\"></span>tru<span class=\"_ _9\"></span>ment<span class=\"_ _9\"></span>s are re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>gnise<span class=\"_ _9\"></span>d on the b<span class=\"_ _9\"></span>alan<span class=\"_ _9\"></span>ce sh<span class=\"_ _9\"></span>ee<span class=\"_ _9\"></span>t at fair valu<span class=\"_ _9\"></span>e. The fair value of i<span class=\"_ _9\"></span>ntere<span class=\"_ _9\"></span>st-rate an<span class=\"_ _9\"></span>d fore<span class=\"_ _9\"></span>ign exchan<span class=\"_ _9\"></span>ge<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> swap<span class=\"_ _9\"></span>s is bas<span class=\"_ _9\"></span>ed o<span class=\"_ _9\"></span>n counte<span class=\"_ _9\"></span>rpar<span class=\"_ _a\"></span>ty o<span class=\"_ _9\"></span>r market qu<span class=\"_ _9\"></span>otes. Tho<span class=\"_ _9\"></span>se quo<span class=\"_ _9\"></span>tes ar<span class=\"_ _9\"></span>e tes<span class=\"_ _9\"></span>ted fo<span class=\"_ _9\"></span>r rea<span class=\"_ _9\"></span>son<span class=\"_ _9\"></span>able<span class=\"_ _9\"></span>nes<span class=\"_ _9\"></span>s by disc<span class=\"_ _9\"></span>ounting e<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>tima<span class=\"_ _9\"></span>ted fu<span class=\"_ _9\"></span>ture cas<span class=\"_ _9\"></span>h flows<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> bas<span class=\"_ _9\"></span>ed on th<span class=\"_ _9\"></span>e terms a<span class=\"_ _9\"></span>nd ma<span class=\"_ _9\"></span>turit<span class=\"_ _9\"></span>y o<span class=\"_ _9\"></span>f eac<span class=\"_ _9\"></span>h contra<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t and us<span class=\"_ _9\"></span>ing mar<span class=\"_ _9\"></span>ket rate<span class=\"_ _9\"></span>s for simil<span class=\"_ _9\"></span>ar ins<span class=\"_ _9\"></span>trum<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s at th<span class=\"_ _9\"></span>e me<span class=\"_ _9\"></span>asurem<span class=\"_ _9\"></span>ent d<span class=\"_ _9\"></span>ate. The gain or l<span class=\"_ _9\"></span>oss<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> on derivativ<span class=\"_ _2\"></span>e financ<span class=\"_ _2\"></span>ial instruments ar<span class=\"_ _2\"></span>e recognised immediat<span class=\"_ _2\"></span>ely in t<span class=\"_ _2\"></span>he income statement<span class=\"_ _11\"></span>, within net finance<span class=\"_ _2\"></span> expense<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>CARRYING<span class=\"_ _11\"></span> VALUE<span class=\"_ _11\"></span> OF DERIV<span class=\"_ _2\"></span>A<span class=\"_ _11\"></span>TIVE FINANCIAL<span class=\"_ _11\"></span> INSTRUMENTS<span class=\"_ _335\"> </span><table class=\"s w276 he4\" id=\"_b66172c7-9bfa-4a02-8136-88482f436d9b\"><tr><td></td><td class=\"t m0 x2ba h15 y34e2 ff2 fsd fc2 sc0 ls3f wsbc\">2026 </td><td class=\"t m0 x247 h15 y34e2 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24d h15 y34e3 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y34e3 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32c9 w277 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls31 ws45\">Current asset<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n x733 y32c9 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td><td class=\"c n xacc y32c9 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32ca w21c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Non-curren<span class=\"_ _2\"></span>t assets<span class=\"_ _335\"> </span></div></td><td class=\"c n x61d y32ca w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">25<span class=\"_ _335\"> </span></div></td><td class=\"c n x976 y32ca w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w278 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws33\">Current liabili<span class=\"_ _9\"></span>ties<span class=\"_ _335\"> </span></div></td><td class=\"c n x310 y32cb w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x535 y32cb w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(6)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w20f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws33\">Non-curr<span class=\"_ _9\"></span>ent liabiliti<span class=\"_ _9\"></span>es<span class=\"_ _335\"> </span></div></td><td class=\"c n x366 y32cc w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(22)<span class=\"_ _335\"> </span></div></td><td class=\"c n x956 y32cc w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(2)<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n xace y32cd w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">9<span class=\"_ _335\"> </span></div></td><td class=\"c n xc7b y32cd w87 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(4)<span class=\"_ _335\"> </span></div></td></tr></table>31<span class=\"_ _118\"> </span><span class=\"fc4 lsab ws199\">OTHER CU<span class=\"_ _9\"></span>RR<span class=\"_ _9\"></span>E<span class=\"_ _9\"></span>NT LIAB<span class=\"_ _9\"></span>ILITIE<span class=\"_ _9\"></span>S<span class=\"_ _335\"> </span></span><table class=\"s w2bb hf9\" id=\"_4bde1272-a252-4ce9-b03d-fbda54ffc89f\"><tr><td></td><td class=\"t m0 x2ba h15 y3516 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y3516 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24d h15 y3517 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3517 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32cb w2b5 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Der<span class=\"_ _9\"></span>ivati<span class=\"_ _9\"></span>ve financi<span class=\"_ _9\"></span>al ins<span class=\"_ _9\"></span>trum<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s (<span class=\"_ _11\"></span>n<span class=\"_ _9\"></span>ote 2<span class=\"_ _2\"></span>4)<span class=\"_ _335\"> </span></div></td><td class=\"c n x39a y32cb w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6b8 y32cb w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y32cc w1e7 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws33\">Redemp<span class=\"_ _9\"></span>tion liabili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y</div><div class=\"t m0 x9a9 h16 y32a9 ff3 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c5 y32cc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">18<span class=\"_ _335\"> </span></div></td><td class=\"c n xd4b y32cc w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w2bc hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">T<span class=\"_ _11\"></span>otal other current liabilit<span class=\"_ _11\"></span>ie<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xad3 y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">18<span class=\"_ _335\"> </span></div></td><td class=\"c n x845 y32cd w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td></tr></table>1. <span class=\"_ _9\"></span>O<span class=\"_ _9\"></span>n 8 Se<span class=\"_ _9\"></span>pt<span class=\"_ _9\"></span>emb<span class=\"_ _9\"></span>er 2025<span class=\"_ _11\"></span>, t<span class=\"_ _9\"></span>he G<span class=\"_ _9\"></span>rou<span class=\"_ _9\"></span>p gran<span class=\"_ _9\"></span>ted a p<span class=\"_ _9\"></span>ut o<span class=\"_ _9\"></span>pt<span class=\"_ _9\"></span>ion t<span class=\"_ _9\"></span>o the n<span class=\"_ _9\"></span>on-<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>ntro<span class=\"_ _9\"></span>lli<span class=\"_ _9\"></span>ng in<span class=\"_ _9\"></span>ter<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>t in L<span class=\"_ _9\"></span>ive<span class=\"_ _9\"></span>rp<span class=\"_ _9\"></span>oo<span class=\"_ _9\"></span>l ONE t<span class=\"_ _9\"></span>ha<span class=\"_ _9\"></span>t has b<span class=\"_ _9\"></span>e<span class=\"_ _9\"></span>en re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>gni<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>d as a r<span class=\"_ _9\"></span>ed<span class=\"_ _9\"></span>emp<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>on li<span class=\"_ _9\"></span>abi<span class=\"_ _9\"></span>lit<span class=\"_ _9\"></span>y a<span class=\"_ _9\"></span>t 31 March 2026<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>32<span class=\"_ _c6\"> </span><span class=\"fc4 lsab ws199\">OTHE<span class=\"_ _9\"></span>R NON<span class=\"_ _9\"></span>-CU<span class=\"_ _9\"></span>R<span class=\"_ _9\"></span>RE<span class=\"_ _9\"></span>NT LIAB<span class=\"_ _9\"></span>ILITIE<span class=\"_ _9\"></span>S<span class=\"_ _335\"> </span></span><table class=\"s w2bd hfa\" id=\"_cb750a5a-5cc4-409e-98a9-61007fcc8dd5\"><tr><td></td><td class=\"t m0 x2ba h15 y3518 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y3518 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24d h15 y3519 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3519 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c x24f y329b w2be hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Net li<span class=\"_ _9\"></span>abili<span class=\"_ _9\"></span>ties in<span class=\"_ _9\"></span>curre<span class=\"_ _9\"></span>d on be<span class=\"_ _9\"></span>half o<span class=\"_ _9\"></span>f joint ven<span class=\"_ _9\"></span>tures</div><div class=\"t m0 xd4c h16 y32a9 ff3 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div><div class=\"t m0 xd4d h9 y3215 ff3 fs6 fc2 sc0 ls123 ws16a\">(n<span class=\"_ _9\"></span>o<span class=\"_ _a\"></span>t<span class=\"_ _9\"></span>e<span class=\"_ _a\"></span> 1<span class=\"_ _9\"></span>5<span class=\"_ _9\"></span>)<span class=\"_ _335\"> </span></div></td><td class=\"c n xd4e y329b w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd4f y329b w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3227 w2b5 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Der<span class=\"_ _9\"></span>ivati<span class=\"_ _9\"></span>ve financi<span class=\"_ _9\"></span>al ins<span class=\"_ _9\"></span>trum<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s (<span class=\"_ _11\"></span>n<span class=\"_ _9\"></span>ote 2<span class=\"_ _2\"></span>4)<span class=\"_ _335\"> </span></div></td><td class=\"c n xd46 y3227 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td><td class=\"c n xd47 y3227 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3228 w2bf hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">T<span class=\"_ _11\"></span>otal other non-current liabilities<span class=\"_ _335\"> </span></div></td><td class=\"c n xd50 y3228 w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td><td class=\"c n xd51 y3228 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td></tr></table>1. <span class=\"_ _9\"></span>Th<span class=\"_ _9\"></span>e Gr<span class=\"_ _9\"></span>oup\u2019s shar<span class=\"_ _9\"></span>e of a<span class=\"_ _9\"></span>ccu<span class=\"_ _9\"></span>mul<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>d lo<span class=\"_ _9\"></span>ss<span class=\"_ _9\"></span>es o<span class=\"_ _9\"></span>f a joi<span class=\"_ _9\"></span>nt ve<span class=\"_ _9\"></span>ntur<span class=\"_ _9\"></span>e int<span class=\"_ _9\"></span>ere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t are r<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>og<span class=\"_ _9\"></span>nis<span class=\"_ _9\"></span>ed a<span class=\"_ _9\"></span>s ne<span class=\"_ _9\"></span>t lia<span class=\"_ _9\"></span>bil<span class=\"_ _9\"></span>iti<span class=\"_ _9\"></span>es (see n<span class=\"_ _9\"></span>ot<span class=\"_ _9\"></span>e 15) whe<span class=\"_ _9\"></span>re th<span class=\"_ _9\"></span>ere i<span class=\"_ _9\"></span>s an ob<span class=\"_ _9\"></span>li<span class=\"_ _9\"></span>ga<span class=\"_ _9\"></span>tio<span class=\"_ _9\"></span>n to pro<span class=\"_ _9\"></span>vi<span class=\"_ _9\"></span>de fo<span class=\"_ _9\"></span>r the<span class=\"_ _9\"></span>se l<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>s.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfDerivativeFinancialInstrumentsExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-476": {
   "value": "A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>The Gr<span class=\"_ _9\"></span>oup use<span class=\"_ _9\"></span>s inter<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>t rate an<span class=\"_ _9\"></span>d fore<span class=\"_ _9\"></span>ign excha<span class=\"_ _9\"></span>nge s<span class=\"_ _9\"></span>waps and f<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>ward<span class=\"_ _9\"></span>s to mana<span class=\"_ _9\"></span>ge it<span class=\"_ _9\"></span>s market r<span class=\"_ _9\"></span>isk. In acc<span class=\"_ _9\"></span>ordan<span class=\"_ _9\"></span>ce wi<span class=\"_ _9\"></span>th it<span class=\"_ _9\"></span>s trea<span class=\"_ _9\"></span>sur<span class=\"_ _9\"></span>y p<span class=\"_ _9\"></span>olic<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>,<span class=\"_ _335\"> </span>the Group<span class=\"_ _2\"></span> does not hold or issue<span class=\"_ _2\"></span> derivative<span class=\"_ _2\"></span> financia<span class=\"_ _2\"></span>l instruments for t<span class=\"_ _11\"></span>rading purposes.<span class=\"_ _335\"> </span>All de<span class=\"_ _9\"></span>rivati<span class=\"_ _9\"></span>ve financ<span class=\"_ _9\"></span>ial ins<span class=\"_ _9\"></span>tru<span class=\"_ _9\"></span>ment<span class=\"_ _9\"></span>s are re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>gnise<span class=\"_ _9\"></span>d on the b<span class=\"_ _9\"></span>alan<span class=\"_ _9\"></span>ce sh<span class=\"_ _9\"></span>ee<span class=\"_ _9\"></span>t at fair valu<span class=\"_ _9\"></span>e. The fair value of i<span class=\"_ _9\"></span>ntere<span class=\"_ _9\"></span>st-rate an<span class=\"_ _9\"></span>d fore<span class=\"_ _9\"></span>ign exchan<span class=\"_ _9\"></span>ge<span class=\"_ _335\"> </span>swap<span class=\"_ _9\"></span>s is bas<span class=\"_ _9\"></span>ed o<span class=\"_ _9\"></span>n counte<span class=\"_ _9\"></span>rpar<span class=\"_ _a\"></span>ty o<span class=\"_ _9\"></span>r market qu<span class=\"_ _9\"></span>otes. Tho<span class=\"_ _9\"></span>se quo<span class=\"_ _9\"></span>tes ar<span class=\"_ _9\"></span>e tes<span class=\"_ _9\"></span>ted fo<span class=\"_ _9\"></span>r rea<span class=\"_ _9\"></span>son<span class=\"_ _9\"></span>able<span class=\"_ _9\"></span>nes<span class=\"_ _9\"></span>s by disc<span class=\"_ _9\"></span>ounting e<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>tima<span class=\"_ _9\"></span>ted fu<span class=\"_ _9\"></span>ture cas<span class=\"_ _9\"></span>h flows<span class=\"_ _335\"> </span>bas<span class=\"_ _9\"></span>ed on th<span class=\"_ _9\"></span>e terms a<span class=\"_ _9\"></span>nd ma<span class=\"_ _9\"></span>turit<span class=\"_ _9\"></span>y o<span class=\"_ _9\"></span>f eac<span class=\"_ _9\"></span>h contra<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t and us<span class=\"_ _9\"></span>ing mar<span class=\"_ _9\"></span>ket rate<span class=\"_ _9\"></span>s for simil<span class=\"_ _9\"></span>ar ins<span class=\"_ _9\"></span>trum<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s at th<span class=\"_ _9\"></span>e me<span class=\"_ _9\"></span>asurem<span class=\"_ _9\"></span>ent d<span class=\"_ _9\"></span>ate. The gain or l<span class=\"_ _9\"></span>oss<span class=\"_ _335\"> </span>on derivativ<span class=\"_ _2\"></span>e financ<span class=\"_ _2\"></span>ial instruments ar<span class=\"_ _2\"></span>e recognised immediat<span class=\"_ _2\"></span>ely in t<span class=\"_ _2\"></span>he income statement<span class=\"_ _11\"></span>, within net finance<span class=\"_ _2\"></span> expense<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-459": {
   "value": "A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>The Gr<span class=\"_ _9\"></span>oup use<span class=\"_ _9\"></span>s inter<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>t rate an<span class=\"_ _9\"></span>d fore<span class=\"_ _9\"></span>ign excha<span class=\"_ _9\"></span>nge s<span class=\"_ _9\"></span>waps and f<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>ward<span class=\"_ _9\"></span>s to mana<span class=\"_ _9\"></span>ge it<span class=\"_ _9\"></span>s market r<span class=\"_ _9\"></span>isk. In acc<span class=\"_ _9\"></span>ordan<span class=\"_ _9\"></span>ce wi<span class=\"_ _9\"></span>th it<span class=\"_ _9\"></span>s trea<span class=\"_ _9\"></span>sur<span class=\"_ _9\"></span>y p<span class=\"_ _9\"></span>olic<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>,<span class=\"_ _335\"> </span>the Group<span class=\"_ _2\"></span> does not hold or issue<span class=\"_ _2\"></span> derivative<span class=\"_ _2\"></span> financia<span class=\"_ _2\"></span>l instruments for t<span class=\"_ _11\"></span>rading purposes.<span class=\"_ _335\"> </span>All de<span class=\"_ _9\"></span>rivati<span class=\"_ _9\"></span>ve financ<span class=\"_ _9\"></span>ial ins<span class=\"_ _9\"></span>tru<span class=\"_ _9\"></span>ment<span class=\"_ _9\"></span>s are re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>gnise<span class=\"_ _9\"></span>d on the b<span class=\"_ _9\"></span>alan<span class=\"_ _9\"></span>ce sh<span class=\"_ _9\"></span>ee<span class=\"_ _9\"></span>t at fair valu<span class=\"_ _9\"></span>e. The fair value of i<span class=\"_ _9\"></span>ntere<span class=\"_ _9\"></span>st-rate an<span class=\"_ _9\"></span>d fore<span class=\"_ _9\"></span>ign exchan<span class=\"_ _9\"></span>ge<span class=\"_ _335\"> </span>swap<span class=\"_ _9\"></span>s is bas<span class=\"_ _9\"></span>ed o<span class=\"_ _9\"></span>n counte<span class=\"_ _9\"></span>rpar<span class=\"_ _a\"></span>ty o<span class=\"_ _9\"></span>r market qu<span class=\"_ _9\"></span>otes. Tho<span class=\"_ _9\"></span>se quo<span class=\"_ _9\"></span>tes ar<span class=\"_ _9\"></span>e tes<span class=\"_ _9\"></span>ted fo<span class=\"_ _9\"></span>r rea<span class=\"_ _9\"></span>son<span class=\"_ _9\"></span>able<span class=\"_ _9\"></span>nes<span class=\"_ _9\"></span>s by disc<span class=\"_ _9\"></span>ounting e<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>tima<span class=\"_ _9\"></span>ted fu<span class=\"_ _9\"></span>ture cas<span class=\"_ _9\"></span>h flows<span class=\"_ _335\"> </span>bas<span class=\"_ _9\"></span>ed on th<span class=\"_ _9\"></span>e terms a<span class=\"_ _9\"></span>nd ma<span class=\"_ _9\"></span>turit<span class=\"_ _9\"></span>y o<span class=\"_ _9\"></span>f eac<span class=\"_ _9\"></span>h contra<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t and us<span class=\"_ _9\"></span>ing mar<span class=\"_ _9\"></span>ket rate<span class=\"_ _9\"></span>s for simil<span class=\"_ _9\"></span>ar ins<span class=\"_ _9\"></span>trum<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s at th<span class=\"_ _9\"></span>e me<span class=\"_ _9\"></span>asurem<span class=\"_ _9\"></span>ent d<span class=\"_ _9\"></span>ate. The gain or l<span class=\"_ _9\"></span>oss<span class=\"_ _335\"> </span>on derivativ<span class=\"_ _2\"></span>e financ<span class=\"_ _2\"></span>ial instruments ar<span class=\"_ _2\"></span>e recognised immediat<span class=\"_ _2\"></span>ely in t<span class=\"_ _2\"></span>he income statement<span class=\"_ _11\"></span>, within net finance<span class=\"_ _2\"></span> expense<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsAndHedgingExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-415": {
   "value": "<div class=\"t m0 ha2 ff1 fs7 fc0 sc0 ls149 ws1a9 gs34a\">25<span class=\"_ _b2\"> </span><span class=\"fc4 lsd2 wsf3\">FINANCIAL RISK MANA<span class=\"_ _11\"></span>GEMENT<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h12 ff1 fsa fc2 sc0 ls48 ws73 gs34b\">INTRODUC<span class=\"_ _9\"></span>TIO<span class=\"_ _9\"></span>N<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls26 ws1 gs34c\">A review o<span class=\"_ _9\"></span>f the Gr<span class=\"_ _9\"></span>oup\u2019<span class=\"_ _11\"></span>s obj<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>ves, po<span class=\"_ _9\"></span>licie<span class=\"_ _9\"></span>s and p<span class=\"_ _9\"></span>roce<span class=\"_ _9\"></span>ss<span class=\"_ _9\"></span>es for m<span class=\"_ _9\"></span>anag<span class=\"_ _9\"></span>ing and m<span class=\"_ _9\"></span>onito<span class=\"_ _9\"></span>ring ri<span class=\"_ _9\"></span>sk is se<span class=\"_ _9\"></span>t ou<span class=\"_ _9\"></span>t in \u2019Managi<span class=\"_ _9\"></span>ng risk<span class=\"_ _9\"></span>\u2019 an<span class=\"_ _9\"></span>d \u2019Our princ<span class=\"_ _9\"></span>ipal ri<span class=\"_ _9\"></span>sks<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs34d\">and uncertainti<span class=\"_ _2\"></span>es\u2019 (<span class=\"_ _2\"></span>pages 40-46)<span class=\"_ _1\"></span>. Th<span class=\"_ _2\"></span>is note pro<span class=\"_ _11\"></span>v<span class=\"_ _9\"></span>ides further detail on<span class=\"_ _2\"></span> financia<span class=\"_ _2\"></span>l risk ma<span class=\"_ _2\"></span>nagement and i<span class=\"_ _2\"></span>ncludes quant<span class=\"_ _2\"></span>itative<span class=\"_ _2\"></span> informati<span class=\"_ _2\"></span>on on </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls65 ws90 gs34e\">specific financial r<span class=\"_ _2\"></span>isks.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs34f\">The Gr<span class=\"_ _9\"></span>oup is ex<span class=\"_ _9\"></span>pos<span class=\"_ _9\"></span>ed to a varie<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y of fina<span class=\"_ _9\"></span>ncial ri<span class=\"_ _9\"></span>sks: market ri<span class=\"_ _9\"></span>sks (pr<span class=\"_ _9\"></span>incip<span class=\"_ _9\"></span>ally inte<span class=\"_ _9\"></span>res<span class=\"_ _9\"></span>t ra<span class=\"_ _9\"></span>te risk)<span class=\"_ _11\"></span>, cred<span class=\"_ _9\"></span>it ris<span class=\"_ _9\"></span>k and liqui<span class=\"_ _9\"></span>dit<span class=\"_ _9\"></span>y ri<span class=\"_ _9\"></span>sk. The Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s overa<span class=\"_ _9\"></span>ll </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs350\">risk management<span class=\"_ _2\"></span> strategy seeks to mi<span class=\"_ _2\"></span>nimise t<span class=\"_ _2\"></span>he potentia<span class=\"_ _2\"></span>l adverse effects of these on t<span class=\"_ _2\"></span>he Group<span class=\"_ _2\"></span>\u2019<span class=\"_ _11\"></span>s financia<span class=\"_ _11\"></span>l per<span class=\"_ _9\"></span>formance and incl<span class=\"_ _2\"></span>udes the use </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs351\">of der<span class=\"_ _9\"></span>ivati<span class=\"_ _9\"></span>ve financ<span class=\"_ _9\"></span>ial ins<span class=\"_ _9\"></span>trum<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s to he<span class=\"_ _9\"></span>dge ce<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tain ri<span class=\"_ _9\"></span>sk exp<span class=\"_ _9\"></span>osure<span class=\"_ _9\"></span>s.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs352\">Finan<span class=\"_ _9\"></span>cial ris<span class=\"_ _9\"></span>k mana<span class=\"_ _9\"></span>gem<span class=\"_ _9\"></span>ent is c<span class=\"_ _9\"></span>arrie<span class=\"_ _9\"></span>d out by th<span class=\"_ _9\"></span>e Grou<span class=\"_ _9\"></span>p\u2019<span class=\"_ _11\"></span>s tre<span class=\"_ _9\"></span>asur<span class=\"_ _9\"></span>y fu<span class=\"_ _9\"></span>nc<span class=\"_ _9\"></span>tio<span class=\"_ _9\"></span>n unde<span class=\"_ _9\"></span>r poli<span class=\"_ _9\"></span>cies a<span class=\"_ _9\"></span>pprove<span class=\"_ _9\"></span>d by the B<span class=\"_ _9\"></span>oard o<span class=\"_ _9\"></span>f Dire<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tor<span class=\"_ _9\"></span>s, except w<span class=\"_ _9\"></span>he<span class=\"_ _9\"></span>re the<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs353\">relevan<span class=\"_ _9\"></span>t arrang<span class=\"_ _9\"></span>eme<span class=\"_ _9\"></span>nts h<span class=\"_ _9\"></span>ave be<span class=\"_ _9\"></span>en p<span class=\"_ _9\"></span>ut in pl<span class=\"_ _9\"></span>ace by an in<span class=\"_ _9\"></span>divi<span class=\"_ _9\"></span>dual sub<span class=\"_ _9\"></span>sidiar<span class=\"_ _a\"></span>y or a joint ven<span class=\"_ _9\"></span>ture level p<span class=\"_ _9\"></span>rior to a<span class=\"_ _9\"></span>cquis<span class=\"_ _9\"></span>ition.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs354\">The Gr<span class=\"_ _9\"></span>oup as<span class=\"_ _9\"></span>ses<span class=\"_ _9\"></span>ses w<span class=\"_ _9\"></span>he<span class=\"_ _9\"></span>ther i<span class=\"_ _9\"></span>t inten<span class=\"_ _9\"></span>ds to hol<span class=\"_ _9\"></span>d it<span class=\"_ _9\"></span>s financi<span class=\"_ _9\"></span>al ass<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s to coll<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>t th<span class=\"_ _9\"></span>e contr<span class=\"_ _9\"></span>ac<span class=\"_ _9\"></span>tual c<span class=\"_ _9\"></span>ash flow<span class=\"_ _9\"></span>s, or whe<span class=\"_ _9\"></span>the<span class=\"_ _9\"></span>r it inte<span class=\"_ _9\"></span>nds to se<span class=\"_ _9\"></span>ll them b<span class=\"_ _9\"></span>efo<span class=\"_ _9\"></span>re </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs355\">maturity and classifi<span class=\"_ _2\"></span>es its financia<span class=\"_ _2\"></span>l instruments int<span class=\"_ _11\"></span>o the appropriate<span class=\"_ _2\"></span> categories<span class=\"_ _2\"></span>. The follo<span class=\"_ _11\"></span>w<span class=\"_ _9\"></span>ing ta<span class=\"_ _2\"></span>ble summa<span class=\"_ _2\"></span>rises the Grou<span class=\"_ _2\"></span>p\u2019<span class=\"_ _1\"></span>s financial assets </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs356\">and liab<span class=\"_ _9\"></span>ilitie<span class=\"_ _9\"></span>s into the ca<span class=\"_ _9\"></span>teg<span class=\"_ _9\"></span>orie<span class=\"_ _9\"></span>s req<span class=\"_ _9\"></span>uired by IFRS 7 F<span class=\"_ _9\"></span>inanc<span class=\"_ _9\"></span>ial Ins<span class=\"_ _9\"></span>trum<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s: Disclo<span class=\"_ _9\"></span>sures:<span class=\"_ _335\"> </span></div><div class=\"gs357\"><table class=\"s w279 hee\" id=\"_1f471e6e-10ad-403e-87b7-17bb5c2c3d9f\"><tr><td></td><td></td><td class=\"c n x2b6 y34e4 w4e hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls76 ws13e\">Group<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n x2b7 y34e4 w4f hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls3f wsbc\">Co<span class=\"_ _9\"></span>m<span class=\"_ _9\"></span>pa<span class=\"_ _9\"></span>ny<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"t m0 x2b8 h15 y34e5 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x2b9 h15 y34e5 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td><td class=\"t m0 x2ba h15 y34e5 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y34e5 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24b h15 y34e6 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y34e6 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y34e6 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y34e6 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32e1 w27a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Financial<span class=\"_ _2\"></span> assets at amortised cos<span class=\"_ _9\"></span>t<span class=\"_ _335\"> </span></div></td><td class=\"c n x2d8 y32e1 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">494<span class=\"_ _335\"> </span></div></td><td class=\"c n x2d9 y32e1 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">551<span class=\"_ _335\"> </span></div></td><td class=\"c n x2da y32e1 w37 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x2cd y32e1 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32c9 w61 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls65 ws90\">Cash and cash equivalents<span class=\"_ _335\"> </span></div></td><td class=\"c n x562 y32c9 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">106<span class=\"_ _335\"> </span></div></td><td class=\"c n x326 y32c9 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">39<span class=\"_ _335\"> </span></div></td><td class=\"c n x3e7 y32c9 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xc7c y32c9 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32ca w27b hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws33\">Financi<span class=\"_ _9\"></span>al liabilitie<span class=\"_ _9\"></span>s at amor<span class=\"_ _a\"></span>tised cos<span class=\"_ _9\"></span>t<span class=\"_ _335\"> </span></div></td><td class=\"c n xc7d y32ca w6e hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(4,777)<span class=\"_ _335\"> </span></div></td><td class=\"c n xc7e y32ca w6f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(5,004)<span class=\"_ _335\"> </span></div></td><td class=\"c n xc7f y32ca w69 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(1,657)<span class=\"_ _335\"> </span></div></td><td class=\"c n xc80 y32ca w6f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(1,750)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w27c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Financial<span class=\"_ _2\"></span> instruments at fai<span class=\"_ _2\"></span>r val<span class=\"_ _2\"></span>ue throug<span class=\"_ _2\"></span>h profit<span class=\"_ _2\"></span> or loss<span class=\"_ _335\"> </span></div></td><td class=\"c n xc81 y32cb w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">19<span class=\"_ _335\"> </span></div></td><td class=\"c n xc82 y32cb w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n xc83 y32cb w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xc84 y32cb w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w268 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws33\">Redemp<span class=\"_ _9\"></span>tion liabili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _335\"> </span></div></td><td class=\"c n x753 y32cc w2b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(18)<span class=\"_ _335\"> </span></div></td><td class=\"c n xc85 y32cc w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x412 y32cc w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x413 y32cc w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n xc86 y32cd w69 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(4,176)<span class=\"_ _335\"> </span></div></td><td class=\"c n xc87 y32cd w6a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(4,410)<span class=\"_ _335\"> </span></div></td><td class=\"c n xc88 y32cd w69 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(1,657)<span class=\"_ _335\"> </span></div></td><td class=\"c n xc89 y32cd w6a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(1,749)<span class=\"_ _335\"> </span></div></td></tr></table></div>FINANCIAL<span class=\"_ _2\"></span> RISK F<span class=\"_ _11\"></span>A<span class=\"_ _2\"></span>CTORS<span class=\"_ _335\"> </span>(i<span class=\"_ _11\"></span><span class=\"lsdb wsfd\">) CREDIT RISK<span class=\"_ _335\"> </span></span>The Group<span class=\"_ _2\"></span>\u2019<span class=\"_ _11\"></span>s princi<span class=\"_ _2\"></span>pal financi<span class=\"_ _2\"></span>al assets are cas<span class=\"_ _2\"></span>h and cas<span class=\"_ _2\"></span>h equivalen<span class=\"_ _2\"></span>ts, trade<span class=\"_ _11\"></span> and other receivables, net i<span class=\"_ _11\"></span>nvestment in fina<span class=\"_ _2\"></span>nce leases and a<span class=\"_ _2\"></span>mounts due from jo<span class=\"_ _9\"></span>int venture<span class=\"_ _9\"></span>s. F<span class=\"_ _2\"></span>ur<span class=\"_ _9\"></span>the<span class=\"_ _9\"></span>r detai<span class=\"_ _9\"></span>ls con<span class=\"_ _9\"></span>cerni<span class=\"_ _9\"></span>ng the cr<span class=\"_ _9\"></span>edi<span class=\"_ _9\"></span>t risk of c<span class=\"_ _9\"></span>ounte<span class=\"_ _9\"></span>rpar<span class=\"_ _a\"></span>ties is prov<span class=\"_ _9\"></span>ide<span class=\"_ _9\"></span>d in the n<span class=\"_ _9\"></span>ote tha<span class=\"_ _9\"></span>t spe<span class=\"_ _9\"></span>cificall<span class=\"_ _9\"></span>y rel<span class=\"_ _9\"></span>ates to e<span class=\"_ _9\"></span>ach t<span class=\"_ _9\"></span>y<span class=\"_ _9\"></span>pe o<span class=\"_ _9\"></span>f ass<span class=\"_ _9\"></span>et.<span class=\"_ _335\"> </span>BANK AND<span class=\"_ _11\"></span> FINANCIAL INSTIT<span class=\"_ _2\"></span>UTIONS<span class=\"_ _335\"> </span>The pr<span class=\"_ _9\"></span>incip<span class=\"_ _9\"></span>al cre<span class=\"_ _9\"></span>dit ris<span class=\"_ _9\"></span>ks of th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up arise f<span class=\"_ _9\"></span>rom finan<span class=\"_ _9\"></span>cial de<span class=\"_ _9\"></span>riva<span class=\"_ _9\"></span>tive ins<span class=\"_ _9\"></span>tru<span class=\"_ _9\"></span>ment<span class=\"_ _9\"></span>s and d<span class=\"_ _9\"></span>epo<span class=\"_ _9\"></span>sit<span class=\"_ _9\"></span>s wi<span class=\"_ _9\"></span>th bank<span class=\"_ _9\"></span>s and fina<span class=\"_ _9\"></span>ncial in<span class=\"_ _9\"></span>sti<span class=\"_ _9\"></span>tuti<span class=\"_ _9\"></span>ons. In line wi<span class=\"_ _9\"></span>th the po<span class=\"_ _9\"></span>lic<span class=\"_ _9\"></span>y appr<span class=\"_ _9\"></span>oved by the B<span class=\"_ _9\"></span>oar<span class=\"_ _9\"></span>d of Dire<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tor<span class=\"_ _9\"></span>s, financi<span class=\"_ _9\"></span>al ins<span class=\"_ _9\"></span>trum<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s, inclu<span class=\"_ _9\"></span>ding de<span class=\"_ _9\"></span>riva<span class=\"_ _9\"></span>tives an<span class=\"_ _9\"></span>d cash d<span class=\"_ _9\"></span>ep<span class=\"_ _9\"></span>osit<span class=\"_ _9\"></span>s, are onl<span class=\"_ _9\"></span>y pla<span class=\"_ _9\"></span>ce<span class=\"_ _9\"></span>d with b<span class=\"_ _9\"></span>ank<span class=\"_ _9\"></span>s and financi<span class=\"_ _9\"></span>al ins<span class=\"_ _9\"></span>titu<span class=\"_ _9\"></span>tions w<span class=\"_ _9\"></span>ith a min<span class=\"_ _9\"></span>imum cre<span class=\"_ _9\"></span>dit ra<span class=\"_ _9\"></span>ting of B<span class=\"_ _9\"></span>BB+ or e<span class=\"_ _9\"></span>qui<span class=\"_ _9\"></span>valent. The G<span class=\"_ _9\"></span>roup aim<span class=\"_ _9\"></span>s to plac<span class=\"_ _9\"></span>e financi<span class=\"_ _9\"></span>al ins<span class=\"_ _9\"></span>trum<span class=\"_ _9\"></span>ent tran<span class=\"_ _9\"></span>sac<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>ons w<span class=\"_ _9\"></span>ith b<span class=\"_ _9\"></span>anks<span class=\"_ _9\"></span> and financ<span class=\"_ _9\"></span>ial ins<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>tutio<span class=\"_ _9\"></span>ns wi<span class=\"_ _9\"></span>th whic<span class=\"_ _9\"></span>h it ha<span class=\"_ _9\"></span>s a commi<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>ted l<span class=\"_ _9\"></span>endin<span class=\"_ _9\"></span>g rela<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>ship. The Group\u2019<span class=\"_ _2\"></span>s treas<span class=\"_ _9\"></span>ur<span class=\"_ _9\"></span>y fun<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tion p<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>fo<span class=\"_ _9\"></span>rms re<span class=\"_ _9\"></span>gular r<span class=\"_ _9\"></span>eview<span class=\"_ _9\"></span>s of the<span class=\"_ _9\"></span> cred<span class=\"_ _9\"></span>it rat<span class=\"_ _9\"></span>ings of al<span class=\"_ _9\"></span>l financia<span class=\"_ _9\"></span>l counte<span class=\"_ _9\"></span>rpar<span class=\"_ _a\"></span>ties and m<span class=\"_ _9\"></span>onito<span class=\"_ _9\"></span>rs th<span class=\"_ _9\"></span>e exis<span class=\"_ _9\"></span>ting d<span class=\"_ _9\"></span>eri<span class=\"_ _9\"></span>vative<span class=\"_ _9\"></span>s and ca<span class=\"_ _9\"></span>sh inves<span class=\"_ _9\"></span>tme<span class=\"_ _9\"></span>nt exp<span class=\"_ _9\"></span>osure<span class=\"_ _9\"></span>s to ensur<span class=\"_ _9\"></span>e that th<span class=\"_ _9\"></span>ey remai<span class=\"_ _9\"></span>n within the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _11\"></span>s po<span class=\"_ _9\"></span>licy lim<span class=\"_ _9\"></span>its.<span class=\"_ _335\"> </span>TR<span class=\"_ _9\"></span>AD<span class=\"_ _9\"></span>E RECEIVABLES<span class=\"_ _335\"> </span>T<span class=\"_ _11\"></span>rade receivables<span class=\"_ _2\"></span> are present<span class=\"_ _2\"></span>ed in the<span class=\"_ _2\"></span> balance sheet net of a<span class=\"_ _2\"></span>llowances<span class=\"_ _2\"></span> for doubtful receiva<span class=\"_ _2\"></span>bles. T<span class=\"_ _2\"></span>he Group assesses on a<span class=\"_ _11\"></span> for<span class=\"_ _9\"></span>ward-looking basi<span class=\"_ _2\"></span>s the exp<span class=\"_ _9\"></span>ec<span class=\"_ _a\"></span>ted cred<span class=\"_ _9\"></span>it los<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>s ass<span class=\"_ _9\"></span>ocia<span class=\"_ _9\"></span>ted w<span class=\"_ _9\"></span>ith i<span class=\"_ _9\"></span>ts tra<span class=\"_ _9\"></span>de re<span class=\"_ _9\"></span>ceiva<span class=\"_ _9\"></span>ble<span class=\"_ _9\"></span>s. A provisio<span class=\"_ _9\"></span>n for im<span class=\"_ _9\"></span>pairm<span class=\"_ _9\"></span>ent is m<span class=\"_ _9\"></span>ade f<span class=\"_ _9\"></span>or the lif<span class=\"_ _9\"></span>etim<span class=\"_ _9\"></span>e exp<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d cre<span class=\"_ _9\"></span>dit lo<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>s on<span class=\"_ _9\"></span> initial r<span class=\"_ _9\"></span>eco<span class=\"_ _9\"></span>gniti<span class=\"_ _9\"></span>on of the r<span class=\"_ _9\"></span>ece<span class=\"_ _9\"></span>ivabl<span class=\"_ _9\"></span>e. In determin<span class=\"_ _9\"></span>ing the ex<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ted c<span class=\"_ _9\"></span>redi<span class=\"_ _9\"></span>t los<span class=\"_ _9\"></span>ses, th<span class=\"_ _9\"></span>e Group takes in<span class=\"_ _9\"></span>to acco<span class=\"_ _9\"></span>unt any rec<span class=\"_ _9\"></span>ent pa<span class=\"_ _9\"></span>ym<span class=\"_ _9\"></span>ent b<span class=\"_ _9\"></span>eha<span class=\"_ _9\"></span>vio<span class=\"_ _9\"></span>urs<span class=\"_ _9\"></span> and fu<span class=\"_ _9\"></span>ture exp<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>ta<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>s of likely de<span class=\"_ _9\"></span>faul<span class=\"_ _9\"></span>t event<span class=\"_ _9\"></span>s (i.<span class=\"_ _11\"></span>e. not m<span class=\"_ _9\"></span>aking p<span class=\"_ _9\"></span>ay<span class=\"_ _9\"></span>ment o<span class=\"_ _9\"></span>n the du<span class=\"_ _9\"></span>e date) based o<span class=\"_ _9\"></span>n indi<span class=\"_ _9\"></span>vidu<span class=\"_ _9\"></span>al cus<span class=\"_ _9\"></span>tom<span class=\"_ _9\"></span>er cre<span class=\"_ _9\"></span>dit ra<span class=\"_ _9\"></span>tings, a<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tual<span class=\"_ _9\"></span> or expected insolvency filings<span class=\"_ _2\"></span> or compan<span class=\"_ _2\"></span>y volun<span class=\"_ _2\"></span>tary arrangements,<span class=\"_ _11\"></span> likely deferra<span class=\"_ _2\"></span>ls of payments due<span class=\"_ _11\"></span>, agreed rent concessions and<span class=\"_ _2\"></span> mark<span class=\"_ _2\"></span>et expec<span class=\"_ _9\"></span>tations a<span class=\"_ _2\"></span>nd trends<span class=\"_ _2\"></span> in the<span class=\"_ _2\"></span> wider macroeconomic en<span class=\"_ _2\"></span>vironment i<span class=\"_ _2\"></span>n which our<span class=\"_ _11\"></span> cus<span class=\"_ _9\"></span>tomers operate<span class=\"_ _11\"></span>. These assessments are made on a c<span class=\"_ _2\"></span>ustomer by customer basis.<span class=\"_ _335\"> </span>T<span class=\"_ _11\"></span>o limit<span class=\"_ _2\"></span> the Group<span class=\"_ _11\"></span>\u2019<span class=\"_ _2\"></span>s exposure<span class=\"_ _11\"></span> to credit risk on t<span class=\"_ _11\"></span>rade receivables, a cr<span class=\"_ _2\"></span>edit repor<span class=\"_ _9\"></span>t is us<span class=\"_ _2\"></span>ually obta<span class=\"_ _2\"></span>ined from a<span class=\"_ _2\"></span>n independent r<span class=\"_ _2\"></span>ating agency prior<span class=\"_ _2\"></span> to the inc<span class=\"_ _9\"></span>epti<span class=\"_ _9\"></span>on of a le<span class=\"_ _9\"></span>ase w<span class=\"_ _9\"></span>ith a n<span class=\"_ _9\"></span>ew counte<span class=\"_ _9\"></span>rpar<span class=\"_ _a\"></span>ty<span class=\"_ _11\"></span>. Thi<span class=\"_ _9\"></span>s rep<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>t, alo<span class=\"_ _9\"></span>ngsi<span class=\"_ _9\"></span>de the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _11\"></span>s in<span class=\"_ _9\"></span>ternal a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>ss<span class=\"_ _9\"></span>ment o<span class=\"_ _9\"></span>f cre<span class=\"_ _9\"></span>dit ris<span class=\"_ _9\"></span>k, is us<span class=\"_ _9\"></span>ed to de<span class=\"_ _9\"></span>term<span class=\"_ _9\"></span>ine the<span class=\"_ _9\"></span> size of th<span class=\"_ _9\"></span>e dep<span class=\"_ _9\"></span>osit th<span class=\"_ _9\"></span>at is r<span class=\"_ _9\"></span>equir<span class=\"_ _9\"></span>ed, if any<span class=\"_ _11\"></span>, from th<span class=\"_ _9\"></span>e tenant a<span class=\"_ _9\"></span>t ince<span class=\"_ _9\"></span>ptio<span class=\"_ _9\"></span>n. In gener<span class=\"_ _9\"></span>al, these d<span class=\"_ _9\"></span>epo<span class=\"_ _9\"></span>sit<span class=\"_ _9\"></span>s repr<span class=\"_ _9\"></span>ese<span class=\"_ _9\"></span>nt be<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>wee<span class=\"_ _9\"></span>n thre<span class=\"_ _9\"></span>e and six m<span class=\"_ _9\"></span>onth<span class=\"_ _9\"></span>s\u2019 rent.<span class=\"_ _335\"> </span>NE<span class=\"_ _9\"></span>T IN<span class=\"_ _9\"></span>VE<span class=\"_ _9\"></span>S<span class=\"_ _9\"></span>TM<span class=\"_ _9\"></span>E<span class=\"_ _9\"></span>NT IN F<span class=\"_ _9\"></span>IN<span class=\"_ _9\"></span>AN<span class=\"_ _9\"></span>C<span class=\"_ _9\"></span>E LE<span class=\"_ _9\"></span>A<span class=\"_ _9\"></span>SE<span class=\"_ _9\"></span>S<span class=\"_ _9\"></span> This ba<span class=\"_ _9\"></span>lanc<span class=\"_ _9\"></span>e rela<span class=\"_ _9\"></span>tes to am<span class=\"_ _9\"></span>ount<span class=\"_ _9\"></span>s rec<span class=\"_ _9\"></span>eivab<span class=\"_ _9\"></span>le from te<span class=\"_ _9\"></span>nant<span class=\"_ _9\"></span>s in res<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t of ten<span class=\"_ _9\"></span>ant financ<span class=\"_ _9\"></span>e le<span class=\"_ _9\"></span>ases. This i<span class=\"_ _9\"></span>s not c<span class=\"_ _9\"></span>onsi<span class=\"_ _9\"></span>dere<span class=\"_ _9\"></span>d a signific<span class=\"_ _9\"></span>ant cre<span class=\"_ _9\"></span>dit ri<span class=\"_ _9\"></span>sk as the<span class=\"_ _9\"></span> tenants ar<span class=\"_ _2\"></span>e generally<span class=\"_ _2\"></span> of good financi<span class=\"_ _2\"></span>al standi<span class=\"_ _2\"></span>ng.<span class=\"_ _335\"> </span>(<span class=\"ls53 wsf4\">ii<span class=\"_ _2\"></span><span class=\"lsdb wsfd\">) L<span class=\"_ _2\"></span>IQUIDITY RISK<span class=\"_ _335\"> </span></span></span>The Gr<span class=\"_ _9\"></span>oup has a w<span class=\"_ _9\"></span>ell spr<span class=\"_ _9\"></span>ead d<span class=\"_ _9\"></span>ebt an<span class=\"_ _9\"></span>d facil<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>y ma<span class=\"_ _9\"></span>turit<span class=\"_ _9\"></span>y p<span class=\"_ _9\"></span>rofile w<span class=\"_ _9\"></span>ith exp<span class=\"_ _9\"></span>ec<span class=\"_ _a\"></span>ted matur<span class=\"_ _9\"></span>itie<span class=\"_ _9\"></span>s on it<span class=\"_ _9\"></span>s MTNs be<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>wee<span class=\"_ _9\"></span>n 2027 and 2057 and dive<span class=\"_ _9\"></span>rsifie<span class=\"_ _9\"></span>d shor<span class=\"_ _a\"></span>ter<span class=\"_ _2\"></span>-term ma<span class=\"_ _9\"></span>turiti<span class=\"_ _9\"></span>es in co<span class=\"_ _9\"></span>mme<span class=\"_ _9\"></span>rcial p<span class=\"_ _9\"></span>ape<span class=\"_ _9\"></span>r and co<span class=\"_ _9\"></span>mmit<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d bank f<span class=\"_ _9\"></span>acili<span class=\"_ _9\"></span>ties, tha<span class=\"_ _9\"></span>t are de<span class=\"_ _9\"></span>sign<span class=\"_ _9\"></span>ed to en<span class=\"_ _9\"></span>sure tha<span class=\"_ _9\"></span>t the Gr<span class=\"_ _9\"></span>oup has s<span class=\"_ _9\"></span>ufficien<span class=\"_ _9\"></span>t availab<span class=\"_ _9\"></span>le<span class=\"_ _9\"></span> funds for<span class=\"_ _2\"></span> its operations, c<span class=\"_ _2\"></span>ommitted capital e<span class=\"_ _2\"></span>xpenditure progr<span class=\"_ _2\"></span>amme and<span class=\"_ _2\"></span> refinanc<span class=\"_ _2\"></span>ing of u<span class=\"_ _2\"></span>pcoming matur<span class=\"_ _2\"></span>ing debt<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>Management monitors<span class=\"_ _2\"></span> the Group<span class=\"_ _11\"></span>\u2019<span class=\"_ _2\"></span>s availa<span class=\"_ _11\"></span>b<span class=\"_ _9\"></span>le financ<span class=\"_ _2\"></span>ial headroom as<span class=\"_ _2\"></span> follows<span class=\"_ _11\"></span>:<span class=\"_ _335\"> </span><table class=\"s w1b he4\" id=\"_a6b2f3b1-a9ce-476a-8637-bc20679af117\"><tr><td></td><td class=\"t m0 x2ba h15 y34e7 ff2 fsd fc2 sc0 ls3f wsbc\">2026 </td><td class=\"t m0 x247 h15 y34e7 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24d h15 y34e8 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y34e8 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32e2 w61 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls65 ws90\">Cash and cash equivalents<span class=\"_ _335\"> </span></div></td><td class=\"c n x72c y32e2 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">106<span class=\"_ _335\"> </span></div></td><td class=\"c n x61e y32e2 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">39<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e3 w27d hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls19 ws29\">Undraw<span class=\"_ _9\"></span>n facili<span class=\"_ _9\"></span>ties<span class=\"_ _335\"> </span></div></td><td class=\"c n xc8a y32e3 w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,904<span class=\"_ _335\"> </span></div></td><td class=\"c n xc8b y32e3 w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,812<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e4 w27e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Commercial paper<span class=\"_ _335\"> </span></div></td><td class=\"c n xc8c y32e4 w28 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(744)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa7e y32e4 w29 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(750)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w27f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls37 ws34\">Cash and availab<span class=\"_ _9\"></span>le undraw<span class=\"_ _9\"></span>n facilities<span class=\"_ _335\"> </span></div></td><td class=\"c n xc8d y32cc w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,266<span class=\"_ _335\"> </span></div></td><td class=\"c n xc8e y32cc w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,101<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y32cd wd7 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">As a p<span class=\"_ _9\"></span>ropo<span class=\"_ _9\"></span>rtio<span class=\"_ _9\"></span>n of draw<span class=\"_ _9\"></span>n deb<span class=\"_ _9\"></span>t</div><div class=\"t m0 x4f8 h16 y32a3 ff2 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xc8f y32cd wb1 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">28.9%<span class=\"_ _335\"> </span></div></td><td class=\"c n xc90 y32cd wb2 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">24.9%<span class=\"_ _335\"> </span></div></td></tr></table>1. <span class=\"_ _9\"></span>B<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>ed o<span class=\"_ _9\"></span>n no<span class=\"_ _9\"></span>min<span class=\"_ _9\"></span>al val<span class=\"_ _9\"></span>ue<span class=\"_ _9\"></span>s, inc<span class=\"_ _9\"></span>lud<span class=\"_ _9\"></span>ing MT<span class=\"_ _9\"></span>Ns an<span class=\"_ _9\"></span>d com<span class=\"_ _9\"></span>me<span class=\"_ _9\"></span>rci<span class=\"_ _9\"></span>al p<span class=\"_ _9\"></span>ap<span class=\"_ _9\"></span>er<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>The Group<span class=\"_ _2\"></span>\u2019<span class=\"_ _11\"></span>s core fi<span class=\"_ _2\"></span>nancing structure is i<span class=\"_ _2\"></span>n the Secur<span class=\"_ _2\"></span>ity Group,<span class=\"_ _2\"></span> although t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>e Non-<span class=\"_ _2\"></span>restricted Group may also secur<span class=\"_ _2\"></span>e independent fund<span class=\"_ _11\"></span>ing.<span class=\"_ _335\"> </span>SECURITY GROUP<span class=\"_ _335\"> </span>The Group<span class=\"_ _2\"></span>\u2019<span class=\"_ _11\"></span>s principa<span class=\"_ _2\"></span>l financi<span class=\"_ _11\"></span>ng arrangements utilise<span class=\"_ _2\"></span> the credit s<span class=\"_ _2\"></span>uppor<span class=\"_ _9\"></span>t of a<span class=\"_ _2\"></span> ring-<span class=\"_ _11\"></span>fence<span class=\"_ _9\"></span>d group<span class=\"_ _11\"></span> of asset<span class=\"_ _9\"></span>s (<span class=\"_ _11\"></span>the Securit<span class=\"_ _9\"></span>y Group<span class=\"_ _11\"></span>) that com<span class=\"_ _2\"></span>prises the maj<span class=\"_ _2\"></span>ority of the Group<span class=\"_ _11\"></span>\u2019<span class=\"_ _2\"></span>s in<span class=\"_ _2\"></span>vestment properties, development<span class=\"_ _2\"></span> proper<span class=\"_ _9\"></span>ties and<span class=\"_ _2\"></span> a number of<span class=\"_ _11\"></span> investments in other assets.<span class=\"_ _11\"></span> The<span class=\"_ _9\"></span>se arra<span class=\"_ _2\"></span>ngements ope<span class=\"_ _9\"></span>rate in \u2018<span class=\"_ _9\"></span>tier<span class=\"_ _9\"></span>s\u2019 deter<span class=\"_ _9\"></span>mine<span class=\"_ _9\"></span>d by L<span class=\"_ _11\"></span>T<span class=\"_ _9\"></span>V and inte<span class=\"_ _9\"></span>res<span class=\"_ _9\"></span>t cove<span class=\"_ _9\"></span>r ratio (ICR)<span class=\"_ _1\"></span>. Thi<span class=\"_ _9\"></span>s str<span class=\"_ _9\"></span>uc<span class=\"_ _9\"></span>tur<span class=\"_ _9\"></span>e is mos<span class=\"_ _9\"></span>t fle<span class=\"_ _9\"></span>xibl<span class=\"_ _9\"></span>e at lowe<span class=\"_ _9\"></span>r tier<span class=\"_ _9\"></span>s (with a lower L<span class=\"_ _2\"></span>T<span class=\"_ _9\"></span>V and a high<span class=\"_ _9\"></span>er ICR<span class=\"_ _11\"></span>) and allows<span class=\"_ _11\"></span> prop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>ty acquisitions,<span class=\"_ _11\"></span> disposals and dev<span class=\"_ _2\"></span>elopments to occur<span class=\"_ _2\"></span> with relative<span class=\"_ _11\"></span> free<span class=\"_ _9\"></span>dom.<span class=\"_ _2\"></span> In hig<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>er tiers,<span class=\"_ _11\"></span> the requirements become more r<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>tric<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>ive. No financial c<span class=\"_ _9\"></span>ovenan<span class=\"_ _9\"></span>t defaul<span class=\"_ _9\"></span>t is tri<span class=\"_ _9\"></span>gger<span class=\"_ _9\"></span>ed until th<span class=\"_ _9\"></span>e app<span class=\"_ _9\"></span>licabl<span class=\"_ _9\"></span>e L<span class=\"_ _11\"></span>T<span class=\"_ _9\"></span>V exce<span class=\"_ _9\"></span>eds 10<span class=\"_ _9\"></span>0% or the ICR is le<span class=\"_ _9\"></span>ss th<span class=\"_ _9\"></span>an 1.<span class=\"_ _11\"></span>0x.<span class=\"_ _335\"> </span>As a<span class=\"_ _9\"></span>t 31 March 202<span class=\"_ _2\"></span>6, the L<span class=\"_ _11\"></span>T<span class=\"_ _9\"></span>V for th<span class=\"_ _9\"></span>e Se<span class=\"_ _9\"></span>curit<span class=\"_ _9\"></span>y G<span class=\"_ _9\"></span>roup wa<span class=\"_ _9\"></span>s <span class=\"ff2 ls20 ws1e\">41.6%</span> (<span class=\"_ _9\"></span>2025: 4<span class=\"_ _11\"></span>1.<span class=\"_ _1\"></span>9%<span class=\"_ _11\"></span>)<span class=\"_ _11\"></span>, m<span class=\"_ _9\"></span>eanin<span class=\"_ _9\"></span>g that th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up was op<span class=\"_ _9\"></span>era<span class=\"_ _9\"></span>ting in Ti<span class=\"_ _9\"></span>er 1 and b<span class=\"_ _9\"></span>ene<span class=\"_ _9\"></span>fit<span class=\"_ _9\"></span>ted<span class=\"_ _9\"></span> from max<span class=\"_ _9\"></span>imum ope<span class=\"_ _9\"></span>ration<span class=\"_ _9\"></span>al flexibilit<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>Management monitors<span class=\"_ _2\"></span> the k<span class=\"_ _11\"></span>ey Securit<span class=\"_ _9\"></span>y Group c<span class=\"_ _2\"></span>ovenants i<span class=\"_ _11\"></span>ncluding L<span class=\"_ _11\"></span>TV<span class=\"_ _11\"></span>, IC<span class=\"_ _2\"></span>R, sector and regional<span class=\"_ _2\"></span> concentration<span class=\"_ _11\"></span>, and disposals on<span class=\"_ _2\"></span> a monthly basis or semi<span class=\"_ _11\"></span>-annual basis,<span class=\"_ _2\"></span> depending on t<span class=\"_ _2\"></span>he cov<span class=\"_ _2\"></span>enant<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>NON-RESTRICTED GROUP<span class=\"_ _335\"> </span>The No<span class=\"_ _9\"></span>n-res<span class=\"_ _9\"></span>tric<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d Gro<span class=\"_ _9\"></span>up ob<span class=\"_ _9\"></span>tains fun<span class=\"_ _9\"></span>ding wh<span class=\"_ _9\"></span>en re<span class=\"_ _9\"></span>quire<span class=\"_ _9\"></span>d from a co<span class=\"_ _9\"></span>mbin<span class=\"_ _9\"></span>atio<span class=\"_ _9\"></span>n of inter-comp<span class=\"_ _9\"></span>any loa<span class=\"_ _9\"></span>ns from th<span class=\"_ _9\"></span>e Se<span class=\"_ _9\"></span>curit<span class=\"_ _9\"></span>y G<span class=\"_ _9\"></span>roup, equi<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y and<span class=\"_ _9\"></span> ex<span class=\"_ _9\"></span>tern<span class=\"_ _9\"></span>al bank d<span class=\"_ _9\"></span>ebt. B<span class=\"_ _9\"></span>esp<span class=\"_ _9\"></span>oke credi<span class=\"_ _9\"></span>t faci<span class=\"_ _9\"></span>litie<span class=\"_ _9\"></span>s are es<span class=\"_ _9\"></span>tab<span class=\"_ _9\"></span>lishe<span class=\"_ _9\"></span>d wi<span class=\"_ _9\"></span>th ban<span class=\"_ _9\"></span>ks wh<span class=\"_ _9\"></span>en re<span class=\"_ _9\"></span>quire<span class=\"_ _9\"></span>d for th<span class=\"_ _9\"></span>e Non-re<span class=\"_ _9\"></span>str<span class=\"_ _9\"></span>ic<span class=\"_ _9\"></span>ted G<span class=\"_ _9\"></span>roup an<span class=\"_ _9\"></span>d joint ve<span class=\"_ _9\"></span>nture<span class=\"_ _9\"></span>s, usuall<span class=\"_ _9\"></span>y on a limi<span class=\"_ _9\"></span>ted-rec<span class=\"_ _9\"></span>our<span class=\"_ _9\"></span>se ba<span class=\"_ _9\"></span>sis.<span class=\"_ _335\"> </span>The tabl<span class=\"_ _9\"></span>e bel<span class=\"_ _9\"></span>ow anal<span class=\"_ _9\"></span>yse<span class=\"_ _9\"></span>s the Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s finan<span class=\"_ _9\"></span>cial liab<span class=\"_ _9\"></span>ilitie<span class=\"_ _9\"></span>s into re<span class=\"_ _9\"></span>levant ma<span class=\"_ _9\"></span>turit<span class=\"_ _9\"></span>y g<span class=\"_ _9\"></span>roupin<span class=\"_ _9\"></span>gs ba<span class=\"_ _9\"></span>sed o<span class=\"_ _9\"></span>n the re<span class=\"_ _9\"></span>maining p<span class=\"_ _9\"></span>eri<span class=\"_ _9\"></span>od a<span class=\"_ _9\"></span>t the ba<span class=\"_ _9\"></span>lance s<span class=\"_ _9\"></span>he<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span> date to th<span class=\"_ _9\"></span>e expe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d matur<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>y da<span class=\"_ _9\"></span>te. The amount<span class=\"_ _9\"></span>s dis<span class=\"_ _9\"></span>clos<span class=\"_ _9\"></span>ed in th<span class=\"_ _9\"></span>e table are th<span class=\"_ _9\"></span>e con<span class=\"_ _9\"></span>trac<span class=\"_ _9\"></span>tua<span class=\"_ _9\"></span>l undis<span class=\"_ _9\"></span>counte<span class=\"_ _9\"></span>d cash fl<span class=\"_ _9\"></span>ows (inc<span class=\"_ _9\"></span>lusive o<span class=\"_ _9\"></span>f intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t)<span class=\"_ _1\"></span>.<span class=\"_ _335\"> </span><table class=\"s w280 hef\" id=\"_4fd10674-213e-4cb5-9008-1485b497cc09\"><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m0 x247 h15 y34e9 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 xc91 h15 y34ea ff2 fsd fc2 sc0 ls1 ws8e\">Less than <span class=\"ws1\"> </span></td><td class=\"t m0 xc92 h15 y34ea ff2 fsd fc2 sc0 ls74 ws1\">Be<span class=\"_ _9\"></span>tw<span class=\"_ _9\"></span>ee<span class=\"_ _9\"></span>n 1 </td><td class=\"t m0 xc93 h15 y34ea ff2 fsd fc2 sc0 ls74 ws1\">Be<span class=\"_ _9\"></span>tw<span class=\"_ _9\"></span>ee<span class=\"_ _9\"></span>n 2 </td><td class=\"t m0 x2ba h15 y34ea ff2 fsd fc2 sc0 ls3a ws37\">Ove<span class=\"_ _9\"></span>r <span class=\"ls1 ws1\"> </span></td><td></td></tr><tr><td></td><td class=\"t m0 xa99 h15 y34eb ff2 fsd fc2 sc0 ls74 ws1\">1 year<span class=\"_ _335\"> </span></td><td class=\"t m0 xa07 h15 y34eb ff2 fsd fc2 sc0 ls74 ws1\">and 2 ye<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></td><td class=\"t m0 x938 h15 y34eb ff2 fsd fc2 sc0 ls74 ws1\">and 5 ye<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></td><td class=\"t m0 x23d h15 y34eb ff2 fsd fc2 sc0 ls74 ws1\">5 year<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></td><td class=\"t m0 x33a h15 y34eb ff2 fsd fc2 sc0 lsa4 wsb2\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24a h15 y34ec ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24b h15 y34ec ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y34ec ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y34ec ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y34ec ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y335b w281 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Borrowings (<span class=\"_ _11\"></span>excl<span class=\"_ _2\"></span>uding lease l<span class=\"_ _2\"></span>iabilit<span class=\"_ _2\"></span>ies<span class=\"_ _11\"></span>)<span class=\"_ _335\"> </span></div></td><td class=\"c n xc94 y335b w66 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,229<span class=\"_ _335\"> </span></div></td><td class=\"c n x41d y335b w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">485<span class=\"_ _335\"> </span></div></td><td class=\"c n xc95 y335b w58 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,406<span class=\"_ _335\"> </span></div></td><td class=\"c n xc96 y335b w66 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">2,342<span class=\"_ _335\"> </span></div></td><td class=\"c n xc97 y335b w66 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">5,462<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32df w267 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Derivative fi<span class=\"_ _11\"></span>nancial instruments<span class=\"_ _335\"> </span></div></td><td class=\"c n x533 y32df w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xc5a y32df w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x772 y32df w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td><td class=\"c n x3a7 y32df w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x4b8 y32df w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e0 w282 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls65 ws90\">Lease liabilities<span class=\"_ _335\"> </span></div></td><td class=\"c n xc98 y32e0 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">8<span class=\"_ _335\"> </span></div></td><td class=\"c n xc99 y32e0 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">8<span class=\"_ _335\"> </span></div></td><td class=\"c n x57b y32e0 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">24<span class=\"_ _335\"> </span></div></td><td class=\"c n xc9a y32e0 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">957<span class=\"_ _335\"> </span></div></td><td class=\"c n xc9b y32e0 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">997<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e1 w283 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">T<span class=\"_ _11\"></span>rade payables<span class=\"_ _335\"> </span></div></td><td class=\"c n xc9c y32e1 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">37<span class=\"_ _335\"> </span></div></td><td class=\"c n xc9d y32e1 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xc9e y32e1 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xc9f y32e1 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5af y32e1 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">37<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e2 w284 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1e wsb4\">Capital accruals<span class=\"_ _335\"> </span></div></td><td class=\"c n x2c9 y32e2 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">70<span class=\"_ _335\"> </span></div></td><td class=\"c n xca0 y32e2 w37 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xca1 y32e2 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xc6a y32e2 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x624 y32e2 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">70<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32ca w285 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1e ws86\">Accruals<span class=\"_ _335\"> </span></div></td><td class=\"c n xca2 y32ca w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">91<span class=\"_ _335\"> </span></div></td><td class=\"c n x2f1 y32ca w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xca3 y32ca w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xca4 y32ca w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x57a y32ca w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">91<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w286 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other payables<span class=\"_ _335\"> </span></div></td><td class=\"c n xca5 y32cb w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">44<span class=\"_ _335\"> </span></div></td><td class=\"c n xca6 y32cb w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">9<span class=\"_ _335\"> </span></div></td><td class=\"c n xca7 y32cb w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">31<span class=\"_ _335\"> </span></div></td><td class=\"c n xca8 y32cb w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x328 y32cb w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">84<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w268 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws33\">Redemp<span class=\"_ _9\"></span>tion liabili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _335\"> </span></div></td><td class=\"c n x2e3 y32cc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">18<span class=\"_ _335\"> </span></div></td><td class=\"c n xab6 y32cc w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xca9 y32cc w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x40c y32cc w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x9cf y32cc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">18<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n xcaa y32cd w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,497<span class=\"_ _335\"> </span></div></td><td class=\"c n xcab y32cd w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">502<span class=\"_ _335\"> </span></div></td><td class=\"c n xcac y32cd w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,483<span class=\"_ _335\"> </span></div></td><td class=\"c n xcad y32cd w58 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">3,299<span class=\"_ _335\"> </span></div></td><td class=\"c n xcae y32cd w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">6,781<span class=\"_ _335\"> </span></div></td></tr></table><table class=\"s w287 hf0\" id=\"_4ab6ef29-ffb3-4972-9b16-58004fac2601\"><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m0 x247 h15 y34ed ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 xc73 h15 y34ee ff3 fsd fc2 sc0 ls114 ws140\">Less t<span class=\"_ _2\"></span>han <span class=\"ls1 ws1\"> </span></td><td class=\"t m0 xcaf h15 y34ee ff3 fsd fc2 sc0 ls74 ws1\">Be<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>we<span class=\"_ _9\"></span>en 1<span class=\"_ _9\"></span> </td><td class=\"t m0 xc93 h15 y34ee ff3 fsd fc2 sc0 ls74 ws1\">Be<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>we<span class=\"_ _9\"></span>en 2<span class=\"_ _9\"></span> </td><td class=\"t m0 x2ba h15 y34ee ff3 fsd fc2 sc0 ls113 ws13f\">Over <span class=\"ls1 ws1\"> </span></td><td></td></tr><tr><td></td><td class=\"t m0 x2bb h15 y34ef ff3 fsd fc2 sc0 ls74 ws1\">1 yea<span class=\"_ _9\"></span>r<span class=\"_ _335\"> </span></td><td class=\"t m0 xa07 h15 y34ef ff3 fsd fc2 sc0 ls74 ws1\">and 2 ye<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></td><td class=\"t m0 x938 h15 y34ef ff3 fsd fc2 sc0 ls74 ws1\">and 5 ye<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></td><td class=\"t m0 x561 h15 y34ef ff3 fsd fc2 sc0 ls74 ws1\">5 yea<span class=\"_ _9\"></span>rs<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y34ef ff3 fsd fc2 sc0 lsa7 ws6c\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24a h15 y34f0 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24b h15 y34f0 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y34f0 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y34f0 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y34f0 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32df w281 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Borrowings (<span class=\"_ _11\"></span>excl<span class=\"_ _2\"></span>uding lease l<span class=\"_ _2\"></span>iabilit<span class=\"_ _2\"></span>ies<span class=\"_ _11\"></span>)<span class=\"_ _335\"> </span></div></td><td class=\"c n xcb0 y32df w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">880<span class=\"_ _335\"> </span></div></td><td class=\"c n xcb1 y32df w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">130<span class=\"_ _335\"> </span></div></td><td class=\"c n xcb2 y32df w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,548<span class=\"_ _335\"> </span></div></td><td class=\"c n xcb3 y32df w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">2,799<span class=\"_ _335\"> </span></div></td><td class=\"c n xcb4 y32df w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">5,357<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e0 w267 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Derivative fi<span class=\"_ _11\"></span>nancial instruments<span class=\"_ _335\"> </span></div></td><td class=\"c n xcb5 y32e0 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td><td class=\"c n xcb6 y32e0 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x622 y32e0 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5ae y32e0 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xcb7 y32e0 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">8<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e1 w282 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls65 ws90\">Lease liabilities<span class=\"_ _335\"> </span></div></td><td class=\"c n xc98 y32e1 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">9<span class=\"_ _335\"> </span></div></td><td class=\"c n xc99 y32e1 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">8<span class=\"_ _335\"> </span></div></td><td class=\"c n x57b y32e1 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">25<span class=\"_ _335\"> </span></div></td><td class=\"c n xcb8 y32e1 w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,043<span class=\"_ _335\"> </span></div></td><td class=\"c n xcb9 y32e1 w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,085<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e2 w283 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">T<span class=\"_ _11\"></span>rade payables<span class=\"_ _335\"> </span></div></td><td class=\"c n xc9c y32e2 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">30<span class=\"_ _335\"> </span></div></td><td class=\"c n xcba y32e2 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa77 y32e2 w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x589 y32e2 w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x58a y32e2 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">30<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e3 w284 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1e wsb4\">Capital accruals<span class=\"_ _335\"> </span></div></td><td class=\"c n x2c9 y32e3 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">70<span class=\"_ _335\"> </span></div></td><td class=\"c n xcbb y32e3 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x7a2 y32e3 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x7a3 y32e3 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xaa1 y32e3 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">70<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e4 w285 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1e ws86\">Accruals<span class=\"_ _335\"> </span></div></td><td class=\"c n xcbc y32e4 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">155<span class=\"_ _335\"> </span></div></td><td class=\"c n xcbd y32e4 w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xcbe y32e4 w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xcbf y32e4 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x74a y32e4 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">155<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3356 w286 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other payables<span class=\"_ _335\"> </span></div></td><td class=\"c n xca5 y3356 w34 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td><td class=\"c n xcc0 y3356 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x419 y3356 w34 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">44<span class=\"_ _335\"> </span></div></td><td class=\"c n x589 y3356 w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x58a y3356 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">66<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n xcaa y32cd w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,172<span class=\"_ _335\"> </span></div></td><td class=\"c n xcc1 y32cd w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">140<span class=\"_ _335\"> </span></div></td><td class=\"c n xcc2 y32cd w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,617<span class=\"_ _335\"> </span></div></td><td class=\"c n xcc3 y32cd w59 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">3,842<span class=\"_ _335\"> </span></div></td><td class=\"c n xcc4 y32cd w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">6,771<span class=\"_ _335\"> </span></div></td></tr></table>(<span class=\"ls53 wsf4\">iii<span class=\"_ _2\"></span><span class=\"lsdd ws145\">) MARKET<span class=\"_ _2\"></span> RISK<span class=\"_ _335\"> </span></span></span>The Gr<span class=\"_ _9\"></span>oup is ex<span class=\"_ _9\"></span>pos<span class=\"_ _9\"></span>ed to mar<span class=\"_ _9\"></span>ket risk thr<span class=\"_ _9\"></span>ough inte<span class=\"_ _9\"></span>res<span class=\"_ _9\"></span>t ra<span class=\"_ _9\"></span>tes, avai<span class=\"_ _9\"></span>labili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y and pr<span class=\"_ _9\"></span>ice of c<span class=\"_ _9\"></span>redi<span class=\"_ _9\"></span>t and fo<span class=\"_ _9\"></span>reign exch<span class=\"_ _9\"></span>ange m<span class=\"_ _9\"></span>oveme<span class=\"_ _9\"></span>nt<span class=\"_ _9\"></span>s.<span class=\"_ _335\"> </span>INTER<span class=\"_ _9\"></span>EST R<span class=\"_ _a\"></span>A<span class=\"_ _11\"></span>TES<span class=\"_ _335\"> </span>The Gr<span class=\"_ _9\"></span>oup use<span class=\"_ _9\"></span>s der<span class=\"_ _9\"></span>ivati<span class=\"_ _9\"></span>ve financ<span class=\"_ _9\"></span>ial ins<span class=\"_ _9\"></span>trum<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s to man<span class=\"_ _9\"></span>age it<span class=\"_ _9\"></span>s inte<span class=\"_ _9\"></span>res<span class=\"_ _9\"></span>t-rate exp<span class=\"_ _9\"></span>osure an<span class=\"_ _9\"></span>d has a h<span class=\"_ _9\"></span>edg<span class=\"_ _9\"></span>ing po<span class=\"_ _9\"></span>lic<span class=\"_ _9\"></span>y that g<span class=\"_ _9\"></span>ene<span class=\"_ _9\"></span>rally re<span class=\"_ _9\"></span>quire<span class=\"_ _9\"></span>s at l<span class=\"_ _9\"></span>eas<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span> 70<span class=\"_ _11\"></span>% o<span class=\"_ _9\"></span>f it<span class=\"_ _9\"></span>s fore<span class=\"_ _9\"></span>cas<span class=\"_ _9\"></span>t de<span class=\"_ _9\"></span>bt fro<span class=\"_ _9\"></span>m comm<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>ted c<span class=\"_ _9\"></span>ash flow<span class=\"_ _9\"></span>s for the c<span class=\"_ _9\"></span>oming t<span class=\"_ _9\"></span>hree ye<span class=\"_ _9\"></span>ars an<span class=\"_ _9\"></span>d at le<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>t 50% for ye<span class=\"_ _9\"></span>ars fo<span class=\"_ _9\"></span>ur and five. Due to a c<span class=\"_ _9\"></span>ombin<span class=\"_ _9\"></span>atio<span class=\"_ _9\"></span>n of factors, includ<span class=\"_ _2\"></span>ing the<span class=\"_ _2\"></span> degree of certainty required u<span class=\"_ _2\"></span>nder IF<span class=\"_ _2\"></span>RS 9 Fina<span class=\"_ _2\"></span>ncial i<span class=\"_ _2\"></span>nstruments, the Gr<span class=\"_ _2\"></span>oup does not apply hedge ac<span class=\"_ _2\"></span>counting<span class=\"_ _2\"></span> to hed<span class=\"_ _9\"></span>ging ins<span class=\"_ _9\"></span>tr<span class=\"_ _9\"></span>umen<span class=\"_ _9\"></span>ts us<span class=\"_ _9\"></span>ed in thi<span class=\"_ _9\"></span>s contex<span class=\"_ _a\"></span>t<span class=\"_ _2\"></span>. Spe<span class=\"_ _9\"></span>cific inter<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>t rate h<span class=\"_ _9\"></span>ed<span class=\"_ _9\"></span>ges ar<span class=\"_ _9\"></span>e also us<span class=\"_ _9\"></span>ed fro<span class=\"_ _9\"></span>m time to tim<span class=\"_ _9\"></span>e to fix the inte<span class=\"_ _9\"></span>res<span class=\"_ _9\"></span>t ra<span class=\"_ _9\"></span>te expo<span class=\"_ _9\"></span>sure on<span class=\"_ _9\"></span> <span class=\"ls1\"> </span>our de<span class=\"_ _9\"></span>bt. Wher<span class=\"_ _9\"></span>e spe<span class=\"_ _9\"></span>cific he<span class=\"_ _9\"></span>dge<span class=\"_ _9\"></span>s are us<span class=\"_ _9\"></span>ed to fix th<span class=\"_ _9\"></span>e intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t expo<span class=\"_ _9\"></span>sure on flo<span class=\"_ _9\"></span>atin<span class=\"_ _9\"></span>g rate d<span class=\"_ _9\"></span>ebt, the<span class=\"_ _9\"></span>se m<span class=\"_ _9\"></span>ay qual<span class=\"_ _9\"></span>if<span class=\"_ _9\"></span>y for h<span class=\"_ _9\"></span>ed<span class=\"_ _9\"></span>ge acc<span class=\"_ _9\"></span>ountin<span class=\"_ _9\"></span>g.<span class=\"_ _335\"> </span>At 3<span class=\"_ _11\"></span>1 Mar<span class=\"_ _9\"></span>ch 2026, the net no<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>al posi<span class=\"_ _9\"></span>tion o<span class=\"_ _9\"></span>f the Gr<span class=\"_ _9\"></span>oup\u2019<span class=\"_ _11\"></span>s inte<span class=\"_ _9\"></span>res<span class=\"_ _9\"></span>t-rate s<span class=\"_ _9\"></span>waps (inc<span class=\"_ _9\"></span>luding t<span class=\"_ _9\"></span>he Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s sha<span class=\"_ _9\"></span>re of joi<span class=\"_ _9\"></span>nt venture<span class=\"_ _9\"></span>s and n<span class=\"_ _9\"></span>on-whol<span class=\"_ _9\"></span>ly owned subsidiaries<span class=\"_ _11\"></span>) was <span class=\"ff2 ls47 ws91\">\u00a3950m</span><span class=\"ls22 ws1\"> of p<span class=\"_ _9\"></span>ay-fixed and re<span class=\"_ _9\"></span>cei<span class=\"_ _9\"></span>ve-floa<span class=\"_ _9\"></span>ting inte<span class=\"_ _9\"></span>res<span class=\"_ _9\"></span>t-rate sw<span class=\"_ _9\"></span>aps (2025: \u00a31<span class=\"_ _11\"></span>,<span class=\"_ _11\"></span>145m) and the Group h<span class=\"_ _9\"></span>ad a ne<span class=\"_ _9\"></span>t noti<span class=\"_ _9\"></span>onal p<span class=\"_ _9\"></span>osi<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span> </span>of <span class=\"ff2 ls120 ws156\">\u00a310<span class=\"_ _9\"></span>0<span class=\"_ _9\"></span>m</span><span class=\"ws1\"> fo<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>ward s<span class=\"_ _9\"></span>tar<span class=\"_ _a\"></span>ting pay-fixed and re<span class=\"_ _9\"></span>cei<span class=\"_ _9\"></span>ve-floa<span class=\"_ _9\"></span>ting inte<span class=\"_ _9\"></span>res<span class=\"_ _9\"></span>t-rate s<span class=\"_ _9\"></span>waps (2025: \u00a350<span class=\"_ _9\"></span>0m)<span class=\"_ _1\"></span>. The Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s gro<span class=\"_ _9\"></span>ss de<span class=\"_ _9\"></span>bt p<span class=\"_ _9\"></span>ositi<span class=\"_ _9\"></span>on (inc<span class=\"_ _9\"></span>luding th<span class=\"_ _9\"></span>e </span>Group\u2019<span class=\"_ _2\"></span>s share o<span class=\"_ _9\"></span>f joint ve<span class=\"_ _9\"></span>nture and n<span class=\"_ _9\"></span>on-who<span class=\"_ _9\"></span>lly ow<span class=\"_ _9\"></span>ned su<span class=\"_ _9\"></span>bsidia<span class=\"_ _9\"></span>ries) at 3<span class=\"_ _11\"></span>1 M<span class=\"_ _9\"></span>arch 2026 was <span class=\"ff2 ls81 wsb8\">88.<span class=\"_ _1\"></span>9%<span class=\"ff3 ls22 ws1\"> fixe<span class=\"_ _9\"></span>d (2025: 91.3<span class=\"_ _11\"></span>%<span class=\"_ _2\"></span>)<span class=\"_ _11\"></span>, a 1<span class=\"_ _11\"></span>% in<span class=\"_ _9\"></span>cre<span class=\"_ _9\"></span>ase<span class=\"_ _9\"></span>/<span class=\"_ _1\"></span>(<span class=\"_ _11\"></span>d<span class=\"_ _9\"></span>ecr<span class=\"_ _9\"></span>eas<span class=\"_ _9\"></span>e<span class=\"_ _11\"></span>)<span class=\"_ _9\"></span> </span></span>in int<span class=\"_ _11\"></span>eres<span class=\"_ _9\"></span>t rates would<span class=\"_ _2\"></span> increase/<span class=\"_ _1\"></span>(<span class=\"_ _11\"></span>decrease<span class=\"_ _11\"></span>) the annua<span class=\"_ _2\"></span>l net finance<span class=\"_ _2\"></span> expense in t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>e income statement<span class=\"_ _2\"></span> and reduce/<span class=\"_ _1\"></span>(i<span class=\"_ _2\"></span>ncrease<span class=\"_ _11\"></span>) equity by <span class=\"ff2 ls119 ws144\">\u00a3<span class=\"_ _9\"></span>7m<span class=\"_ _9\"></span> </span>(2025: \u00a38m<span class=\"_ _11\"></span>)<span class=\"_ _11\"></span>. The se<span class=\"_ _9\"></span>nsiti<span class=\"_ _9\"></span>vi<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y has b<span class=\"_ _9\"></span>een c<span class=\"_ _9\"></span>alcul<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>d by appl<span class=\"_ _9\"></span>ying th<span class=\"_ _9\"></span>e intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t rate ch<span class=\"_ _9\"></span>ange to th<span class=\"_ _9\"></span>e floa<span class=\"_ _9\"></span>ting rate c<span class=\"_ _9\"></span>omp<span class=\"_ _9\"></span>one<span class=\"_ _9\"></span>nts o<span class=\"_ _9\"></span>f bor<span class=\"_ _9\"></span>rowin<span class=\"_ _9\"></span>gs, intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t-<span class=\"_ _335\"> </span>rate s<span class=\"_ _9\"></span>waps as we<span class=\"_ _9\"></span>ll as cas<span class=\"_ _9\"></span>h and cas<span class=\"_ _9\"></span>h equi<span class=\"_ _9\"></span>valen<span class=\"_ _9\"></span>ts.<span class=\"_ _335\"> </span>FOREIGN EXCHANGE<span class=\"_ _335\"> </span>For<span class=\"_ _2\"></span>eign ex<span class=\"_ _11\"></span>change risk arises when fut<span class=\"_ _2\"></span>ure commercia<span class=\"_ _11\"></span>l transactions or recognised assets or lia<span class=\"_ _2\"></span>bilities a<span class=\"_ _2\"></span>re denominat<span class=\"_ _2\"></span>ed in a cu<span class=\"_ _11\"></span>rrenc<span class=\"_ _9\"></span>y that is not the Group<span class=\"_ _11\"></span>\u2019<span class=\"_ _2\"></span>s functional cur<span class=\"_ _2\"></span>rency<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>As th<span class=\"_ _9\"></span>e Grou<span class=\"_ _9\"></span>p is UK ba<span class=\"_ _9\"></span>sed, for<span class=\"_ _9\"></span>eign exch<span class=\"_ _9\"></span>ange ex<span class=\"_ _9\"></span>po<span class=\"_ _9\"></span>sure from o<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>ratio<span class=\"_ _9\"></span>ns is low<span class=\"_ _11\"></span>. T<span class=\"_ _9\"></span>he majo<span class=\"_ _9\"></span>rit<span class=\"_ _9\"></span>y o<span class=\"_ _9\"></span>f the Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s for<span class=\"_ _9\"></span>eign cur<span class=\"_ _9\"></span>renc<span class=\"_ _9\"></span>y tran<span class=\"_ _9\"></span>sac<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>ons re<span class=\"_ _9\"></span>late<span class=\"_ _9\"></span> to forei<span class=\"_ _9\"></span>gn curre<span class=\"_ _9\"></span>nc<span class=\"_ _9\"></span>y bor<span class=\"_ _9\"></span>rowin<span class=\"_ _9\"></span>g under th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s co<span class=\"_ _9\"></span>mmer<span class=\"_ _9\"></span>cial p<span class=\"_ _9\"></span>aper p<span class=\"_ _9\"></span>rogr<span class=\"_ _9\"></span>amme. It is the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _11\"></span>s p<span class=\"_ _9\"></span>olic<span class=\"_ _9\"></span>y to he<span class=\"_ _9\"></span>dg<span class=\"_ _9\"></span>e 100% of this exp<span class=\"_ _9\"></span>osure. At 3<span class=\"_ _11\"></span>1 Mar<span class=\"_ _9\"></span>ch 2026, the Group ha<span class=\"_ _9\"></span>d issu<span class=\"_ _9\"></span>ed <span class=\"ff2 ls20 ws1e\">\u20ac<span class=\"_ _a\"></span>311m<span class=\"_ _9\"></span></span> (<span class=\"_ _9\"></span>2025: \u20ac370m<span class=\"_ _11\"></span>) an<span class=\"_ _9\"></span>d <span class=\"ff2 ls1b ws11a\">$3<span class=\"_ _9\"></span>24m</span> (<span class=\"_ _9\"></span>2025: $220m) of commerc<span class=\"_ _9\"></span>ial pa<span class=\"_ _9\"></span>per<span class=\"_ _11\"></span>, f<span class=\"_ _9\"></span>ully he<span class=\"_ _9\"></span>dge<span class=\"_ _9\"></span>d thro<span class=\"_ _9\"></span>ugh for<span class=\"_ _9\"></span>eign<span class=\"_ _9\"></span> exchange<span class=\"_ _11\"></span> s<span class=\"_ _9\"></span>waps<span class=\"_ _2\"></span>. A 1<span class=\"_ _11\"></span>0% weak<span class=\"_ _2\"></span>ening or<span class=\"_ _2\"></span> strengthening of<span class=\"_ _2\"></span> St<span class=\"_ _2\"></span>erling w<span class=\"_ _2\"></span>ould theref<span class=\"_ _2\"></span>ore have <span class=\"ff2 ls1f ws1d\">\u00a3nil</span><span class=\"ls22 ws1\"> (2025: \u00a3nil<span class=\"_ _2\"></span>) impa<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t in the in<span class=\"_ _9\"></span>com<span class=\"_ _9\"></span>e sta<span class=\"_ _9\"></span>teme<span class=\"_ _9\"></span>nt and<span class=\"_ _9\"></span> </span>equity arising fr<span class=\"_ _2\"></span>om foreign<span class=\"_ _11\"></span> currency borrowings.<span class=\"_ _335\"> </span>Wher<span class=\"_ _9\"></span>e addi<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>al fore<span class=\"_ _9\"></span>ign exchan<span class=\"_ _9\"></span>ge ris<span class=\"_ _9\"></span>k is ide<span class=\"_ _9\"></span>ntified (not linked to bo<span class=\"_ _9\"></span>rrowin<span class=\"_ _9\"></span>gs<span class=\"_ _2\"></span>)<span class=\"_ _11\"></span>, it is the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _2\"></span>s poli<span class=\"_ _9\"></span>cy to as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ss the l<span class=\"_ _9\"></span>ikelihoo<span class=\"_ _9\"></span>d of the r<span class=\"_ _9\"></span>isk<span class=\"_ _9\"></span> cr<span class=\"_ _9\"></span>ys<span class=\"_ _9\"></span>talli<span class=\"_ _9\"></span>sing and i<span class=\"_ _9\"></span>f dee<span class=\"_ _9\"></span>me<span class=\"_ _9\"></span>d appro<span class=\"_ _9\"></span>pria<span class=\"_ _9\"></span>te use d<span class=\"_ _9\"></span>eriva<span class=\"_ _9\"></span>tive finan<span class=\"_ _9\"></span>cial in<span class=\"_ _9\"></span>str<span class=\"_ _9\"></span>ume<span class=\"_ _9\"></span>nts to h<span class=\"_ _9\"></span>edg<span class=\"_ _9\"></span>e som<span class=\"_ _9\"></span>e or all of th<span class=\"_ _9\"></span>e risk. At 3<span class=\"_ _11\"></span>1 M<span class=\"_ _9\"></span>arch 2026, the Group h<span class=\"_ _9\"></span>ad no<span class=\"_ _9\"></span> forei<span class=\"_ _9\"></span>gn curre<span class=\"_ _9\"></span>nc<span class=\"_ _9\"></span>y exp<span class=\"_ _9\"></span>osure<span class=\"_ _9\"></span>s (<span class=\"_ _11\"></span>o<span class=\"_ _9\"></span>ther th<span class=\"_ _9\"></span>an thos<span class=\"_ _9\"></span>e linked to bo<span class=\"_ _9\"></span>rrowin<span class=\"_ _9\"></span>gs<span class=\"_ _2\"></span>) bein<span class=\"_ _9\"></span>g mana<span class=\"_ _9\"></span>ged u<span class=\"_ _9\"></span>sing de<span class=\"_ _9\"></span>riva<span class=\"_ _9\"></span>tive finan<span class=\"_ _9\"></span>cial ins<span class=\"_ _9\"></span>tr<span class=\"_ _9\"></span>umen<span class=\"_ _9\"></span>ts (202<span class=\"_ _9\"></span>5: \u00a3nil exposure)<span class=\"_ _1\"></span>. A 10% weakening or s<span class=\"_ _9\"></span>tren<span class=\"_ _9\"></span>gthe<span class=\"_ _9\"></span>ning of Ster<span class=\"_ _9\"></span>ling woul<span class=\"_ _9\"></span>d there<span class=\"_ _9\"></span>fore h<span class=\"_ _9\"></span>ave no im<span class=\"_ _9\"></span>pa<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t on the l<span class=\"_ _9\"></span>oss b<span class=\"_ _9\"></span>efo<span class=\"_ _9\"></span>re tax and o<span class=\"_ _9\"></span>r total e<span class=\"_ _9\"></span>quit<span class=\"_ _9\"></span>y (<span class=\"_ _9\"></span>2025: \u00a3nil impac<span class=\"_ _9\"></span>t)<span class=\"_ _1\"></span>.<span class=\"_ _335\"> </span>FINANCIAL<span class=\"_ _11\"></span> MA<span class=\"_ _2\"></span>TURITY ANAL<span class=\"_ _1\"></span>YSIS<span class=\"_ _335\"> </span>The int<span class=\"_ _2\"></span>erest rate profi<span class=\"_ _2\"></span>le of t<span class=\"_ _2\"></span>he Group<span class=\"_ _2\"></span>\u2019<span class=\"_ _11\"></span>s borrowings is<span class=\"_ _11\"></span> se<span class=\"_ _9\"></span>t out below (<span class=\"_ _2\"></span>based on notional<span class=\"_ _2\"></span> values<span class=\"_ _11\"></span>)<span class=\"_ _1\"></span>:<span class=\"_ _335\"> </span><table class=\"s w288 hf1\" id=\"_7a050226-d67e-43b8-82d1-e9470c822f2f\"><tr><td></td><td></td><td></td><td class=\"c n x23a y34f1 w1c hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></div></td><td></td><td></td><td class=\"c n x23b y34f1 w1d hb8\"><div class=\"t m0 x239 h15 y320f ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"t m0 x23e h15 y34f2 ff2 fsd fc2 sc0 lsa6 ws96\">Fixed<span class=\"ls1 ws1\"> </span></td><td class=\"t m0 x23c h15 y34f2 ff2 fsd fc2 sc0 ls8d ws95\">Flo<span class=\"_ _9\"></span>ating<span class=\"_ _335\"> </span></td><td></td><td class=\"t m0 x240 h15 y34f2 ff3 fsd fc2 sc0 ls41 ws7c\">Fixed<span class=\"ls1 ws1\"> </span></td><td class=\"t m0 x5c0 h15 y34f2 ff3 fsd fc2 sc0 ls76 ws13e\">Floating<span class=\"ls1 ws1\"> </span></td><td></td></tr><tr><td></td><td class=\"t m0 xcc5 h15 y34f3 ff2 fsd fc2 sc0 ls7b ws94\"> rate</td><td class=\"t m0 xcc6 h15 y34f3 ff2 fsd fc2 sc0 ls7b ws94\"> rate<span class=\"_ _335\"> </span></td><td class=\"t m0 x244 h15 y34f3 ff2 fsd fc2 sc0 lsa4 wsb2\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l</td><td class=\"t m0 x2b9 h15 y34f3 ff3 fsd fc2 sc0 ls154 ws194\"> rate</td><td class=\"t m0 x2ba h15 y34f3 ff3 fsd fc2 sc0 ls154 ws194\"> rate<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y34f3 ff3 fsd fc2 sc0 lsa7 ws6c\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x249 h15 y34f4 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24a h15 y34f4 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24b h15 y34f4 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y34f4 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y34f4 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y34f4 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32ca w247 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws77\">Sterling<span class=\"_ _335\"> </span></div></td><td class=\"c n xcc7 y32ca w19a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">3,027<span class=\"_ _335\"> </span></div></td><td class=\"c n xcc8 y32ca w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">974<span class=\"_ _335\"> </span></div></td><td class=\"c n xcc9 y32ca w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">4,001<span class=\"_ _335\"> </span></div></td><td class=\"c n xcca y32ca w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">3,050<span class=\"_ _335\"> </span></div></td><td class=\"c n xccb y32ca w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,048<span class=\"_ _335\"> </span></div></td><td class=\"c n x349 y32ca w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">4,098<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w24b hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls40 wsbe\">Euro<span class=\"_ _335\"> </span></div></td><td class=\"c n x631 y32cb w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xccc y32cb w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">270<span class=\"_ _335\"> </span></div></td><td class=\"c n x2d8 y32cb w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">270<span class=\"_ _335\"> </span></div></td><td class=\"c n xccd y32cb w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c7 y32cb w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">310<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c8 y32cb w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">310<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w24e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls3c ws143\">US Do<span class=\"_ _9\"></span>llar<span class=\"_ _335\"> </span></div></td><td class=\"c n x631 y32cc w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xccc y32cc w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">246<span class=\"_ _335\"> </span></div></td><td class=\"c n x2d8 y32cc w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">246<span class=\"_ _335\"> </span></div></td><td class=\"c n xccd y32cc w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c7 y32cc w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">170<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c8 y32cc w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">170<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n xcce y32cd w19a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">3,027<span class=\"_ _335\"> </span></div></td><td class=\"c n xccf y32cd w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,490<span class=\"_ _335\"> </span></div></td><td class=\"c n xcd0 y32cd w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">4,517<span class=\"_ _335\"> </span></div></td><td class=\"c n xcd1 y32cd w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">3,050<span class=\"_ _335\"> </span></div></td><td class=\"c n xcd2 y32cd w59 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,528<span class=\"_ _335\"> </span></div></td><td class=\"c n xcd3 y32cd w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">4,578<span class=\"_ _335\"> </span></div></td></tr></table>The exp<span class=\"_ _9\"></span>ec<span class=\"_ _a\"></span>ted matur<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>y pro<span class=\"_ _9\"></span>files of th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s bo<span class=\"_ _9\"></span>rrow<span class=\"_ _9\"></span>ings are a<span class=\"_ _9\"></span>s follo<span class=\"_ _9\"></span>ws (bas<span class=\"_ _9\"></span>ed o<span class=\"_ _9\"></span>n net n<span class=\"_ _9\"></span>otio<span class=\"_ _9\"></span>nal valu<span class=\"_ _9\"></span>es<span class=\"_ _2\"></span>)<span class=\"_ _1\"></span>:<span class=\"_ _335\"> </span><table class=\"s w289 hf2\" id=\"_99168660-6560-411b-8e6e-e30850647ea9\"><tr><td></td><td></td><td></td><td class=\"c n x23a y34f5 w1c hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></div></td><td></td><td></td><td class=\"c n x23b y34f5 w1d hbc\"><div class=\"t m0 x239 h15 y3229 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"t m0 x23e h15 y34f6 ff2 fsd fc2 sc0 lsa6 ws96\">Fixed<span class=\"ls1 ws1\"> </span></td><td class=\"t m0 x23c h15 y34f6 ff2 fsd fc2 sc0 ls8d ws95\">Flo<span class=\"_ _9\"></span>ating<span class=\"_ _335\"> </span></td><td></td><td class=\"t m0 x240 h15 y34f6 ff3 fsd fc2 sc0 ls41 ws7c\">Fixed<span class=\"ls1 ws1\"> </span></td><td class=\"t m0 x5c0 h15 y34f6 ff3 fsd fc2 sc0 ls76 ws13e\">Floating<span class=\"ls1 ws1\"> </span></td><td></td></tr><tr><td></td><td class=\"t m0 xcc5 h15 y34f7 ff2 fsd fc2 sc0 ls7b ws94\"> rate</td><td class=\"t m0 xcc6 h15 y34f7 ff2 fsd fc2 sc0 ls7b ws94\"> rate<span class=\"_ _335\"> </span></td><td class=\"t m0 x244 h15 y34f7 ff2 fsd fc2 sc0 lsa4 wsb2\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l</td><td class=\"t m0 x2b9 h15 y34f7 ff3 fsd fc2 sc0 ls154 ws194\"> rate</td><td class=\"t m0 x2ba h15 y34f7 ff3 fsd fc2 sc0 ls154 ws194\"> rate<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y34f7 ff3 fsd fc2 sc0 lsa7 ws6c\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x249 h15 y34f8 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24a h15 y34f8 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24b h15 y34f8 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y34f8 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y34f8 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y34f8 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32e0 w28a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">One year or<span class=\"_ _2\"></span> less, or on<span class=\"_ _2\"></span> demand<span class=\"_ _335\"> </span></div></td><td class=\"c n xcd4 y32e0 w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">351<span class=\"_ _335\"> </span></div></td><td class=\"c n xcd5 y32e0 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">744<span class=\"_ _335\"> </span></div></td><td class=\"c n xcd6 y32e0 w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,095<span class=\"_ _335\"> </span></div></td><td class=\"c n xca9 y32e0 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xcd7 y32e0 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">750<span class=\"_ _335\"> </span></div></td><td class=\"c n xcd8 y32e0 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">750<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e1 w28b hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">More th<span class=\"_ _9\"></span>an one ye<span class=\"_ _9\"></span>ar bu<span class=\"_ _9\"></span>t not m<span class=\"_ _9\"></span>ore th<span class=\"_ _9\"></span>an t<span class=\"_ _9\"></span>wo year<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xcd9 y32e1 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">66<span class=\"_ _335\"> </span></div></td><td class=\"c n xcda y32e1 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">300<span class=\"_ _335\"> </span></div></td><td class=\"c n x58d y32e1 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">366<span class=\"_ _335\"> </span></div></td><td class=\"c n xcdb y32e1 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x9f1 y32e1 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">240<span class=\"_ _335\"> </span></div></td><td class=\"c n x590 y32e1 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">241<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e2 w28c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">More th<span class=\"_ _9\"></span>an t<span class=\"_ _9\"></span>wo year<span class=\"_ _9\"></span>s bu<span class=\"_ _9\"></span>t not m<span class=\"_ _9\"></span>ore tha<span class=\"_ _9\"></span>n five year<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xcdc y32e2 w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">679<span class=\"_ _335\"> </span></div></td><td class=\"c n xcdd y32e2 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">446<span class=\"_ _335\"> </span></div></td><td class=\"c n xcde y32e2 w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,125<span class=\"_ _335\"> </span></div></td><td class=\"c n x563 y32e2 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">718<span class=\"_ _335\"> </span></div></td><td class=\"c n x564 y32e2 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">538<span class=\"_ _335\"> </span></div></td><td class=\"c n xcdf y32e2 w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,256<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e3 w22b hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">More th<span class=\"_ _9\"></span>an five year<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xce0 y32e3 w19a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,931<span class=\"_ _335\"> </span></div></td><td class=\"c n xce1 y32e3 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xce2 y32e3 w58 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,931<span class=\"_ _335\"> </span></div></td><td class=\"c n xce3 y32e3 w59 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">2,331<span class=\"_ _335\"> </span></div></td><td class=\"c n x97d y32e3 w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xce4 y32e3 w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">2,331<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e4 w28d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls37 ws50\">Borrowings<span class=\"_ _335\"> </span></div></td><td class=\"c n xce5 y32e4 w19a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">3,027<span class=\"_ _335\"> </span></div></td><td class=\"c n xce6 y32e4 w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,490<span class=\"_ _335\"> </span></div></td><td class=\"c n xce7 y32e4 w58 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">4,517<span class=\"_ _335\"> </span></div></td><td class=\"c n xce8 y32e4 w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">3,050<span class=\"_ _335\"> </span></div></td><td class=\"c n xce9 y32e4 w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,528<span class=\"_ _335\"> </span></div></td><td class=\"c n xcea y32e4 w59 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">4,578<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w28e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Effec<span class=\"_ _9\"></span>t of he<span class=\"_ _9\"></span>dging<span class=\"_ _335\"> </span></div></td><td class=\"c n xceb y32cc w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">950<span class=\"_ _335\"> </span></div></td><td class=\"c n xcec y32cc w28 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(950)<span class=\"_ _335\"> </span></div></td><td class=\"c n xced y32cc w37 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xcee y32cc w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,145<span class=\"_ _335\"> </span></div></td><td class=\"c n xcef y32cc w6a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(1,145)<span class=\"_ _335\"> </span></div></td><td class=\"c n xcf0 y32cc w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w28f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Borrowi<span class=\"_ _9\"></span>ngs ne<span class=\"_ _9\"></span>t of intere<span class=\"_ _9\"></span>st<span class=\"_ _2\"></span>-rate swaps<span class=\"_ _335\"> </span></div></td><td class=\"c n xcf1 y32cd w19a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">3,977<span class=\"_ _335\"> </span></div></td><td class=\"c n xcf2 y32cd w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">540<span class=\"_ _335\"> </span></div></td><td class=\"c n xcf3 y32cd w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">4,517<span class=\"_ _335\"> </span></div></td><td class=\"c n xcf4 y32cd w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">4,195<span class=\"_ _335\"> </span></div></td><td class=\"c n xcf5 y32cd w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">383<span class=\"_ _335\"> </span></div></td><td class=\"c n xcf6 y32cd w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">4,578<span class=\"_ _335\"> </span></div></td></tr></table>The exp<span class=\"_ _9\"></span>ec<span class=\"_ _a\"></span>ted matur<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>y pro<span class=\"_ _9\"></span>files of th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s de<span class=\"_ _9\"></span>rivat<span class=\"_ _9\"></span>ive financ<span class=\"_ _9\"></span>ial ins<span class=\"_ _9\"></span>tru<span class=\"_ _9\"></span>ment<span class=\"_ _9\"></span>s are as f<span class=\"_ _9\"></span>ollow<span class=\"_ _9\"></span>s (bas<span class=\"_ _9\"></span>ed on n<span class=\"_ _9\"></span>et no<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>al value<span class=\"_ _9\"></span>s<span class=\"_ _11\"></span>)<span class=\"_ _11\"></span>:<span class=\"_ _335\"> </span><table class=\"s w290 hf3\" id=\"_036c8229-16a6-433b-8bd6-d7c661aff632\"><tr><td></td><td></td><td class=\"c n x557 y34f9 w1c hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n x558 y34f9 w44 hbc\"><div class=\"t m0 x239 h15 y3229 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"t m0 xa96 h15 y34fa ff2 fsd fc2 sc0 ls1 ws1\">Foreign </td><td></td><td class=\"t m0 x23d h15 y34fa ff3 fsd fc2 sc0 ls77 ws7d\">Foreign </td><td></td></tr><tr><td></td><td class=\"t m0 x559 h15 y34fb ff2 fsd fc2 sc0 ls41 ws7c\">excha<span class=\"_ _2\"></span>nge </td><td class=\"t m0 x7c4 h15 y34fb ff2 fsd fc2 sc0 ls16a ws1aa\">I<span class=\"_ _9\"></span>n<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>e<span class=\"_ _9\"></span>r<span class=\"_ _a\"></span>e<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t-<span class=\"_ _335\"> </span></td><td class=\"t m0 x55a h15 y34fb ff3 fsd fc2 sc0 ls41 ws7c\">exchange </td><td class=\"t m0 x795 h15 y34fb ff3 fsd fc2 sc0 ls57 ws6f\">Int<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>e<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t-<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x5c7 h15 y34fc ff2 fsd fc2 sc0 ls7b ws82\">swaps<span class=\"_ _335\"> </span></td><td class=\"t m0 x572 h15 y34fc ff2 fsd fc2 sc0 ls7b ws1ab\">rate swa<span class=\"_ _9\"></span>ps<span class=\"_ _335\"> </span></td><td class=\"t m0 xa9a h15 y34fc ff3 fsd fc2 sc0 ls75 ws7a\">swaps<span class=\"_ _335\"> </span></td><td class=\"t m0 x573 h15 y34fc ff3 fsd fc2 sc0 ls74 ws1\">rat<span class=\"_ _9\"></span>e sw<span class=\"_ _9\"></span>aps<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24b h15 y34fd ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y34fd ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y34fd ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y34fd ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32c9 w291 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">One year or<span class=\"_ _2\"></span> less, on demand<span class=\"_ _335\"> </span></div></td><td class=\"c n x58d y32c9 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">513<span class=\"_ _335\"> </span></div></td><td class=\"c n x58e y32c9 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">400<span class=\"_ _335\"> </span></div></td><td class=\"c n xcf7 y32c9 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">486<span class=\"_ _335\"> </span></div></td><td class=\"c n x97e y32c9 w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(45)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32ca w28b hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">More th<span class=\"_ _9\"></span>an one ye<span class=\"_ _9\"></span>ar bu<span class=\"_ _9\"></span>t not m<span class=\"_ _9\"></span>ore th<span class=\"_ _9\"></span>an t<span class=\"_ _9\"></span>wo year<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n x2f1 y32ca w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x777 y32ca w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">100<span class=\"_ _335\"> </span></div></td><td class=\"c n xcf8 y32ca w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xcf9 y32ca w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">740<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w28c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">More th<span class=\"_ _9\"></span>an t<span class=\"_ _9\"></span>wo year<span class=\"_ _9\"></span>s bu<span class=\"_ _9\"></span>t not m<span class=\"_ _9\"></span>ore tha<span class=\"_ _9\"></span>n five year<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xcfa y32cb w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xcfb y32cb w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">450<span class=\"_ _335\"> </span></div></td><td class=\"c n xcfc y32cb w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xcfd y32cb w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">150<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w22b hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">More th<span class=\"_ _9\"></span>an five year<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xaae y32cc w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xcfe y32cc w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xcff y32cc w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd00 y32cc w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">300<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n x23a y32cd w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">513<span class=\"_ _335\"> </span></div></td><td class=\"c n xd01 y32cd w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,050<span class=\"_ _335\"> </span></div></td><td class=\"c n xd02 y32cd w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">486<span class=\"_ _335\"> </span></div></td><td class=\"c n xd03 y32cd w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,145<span class=\"_ _335\"> </span></div></td></tr></table>V<span class=\"_ _11\"></span>ALUA<span class=\"_ _1\"></span>TION HIER<span class=\"_ _9\"></span>ARCHY<span class=\"_ _335\"> </span>Der<span class=\"_ _9\"></span>ivati<span class=\"_ _9\"></span>ve financi<span class=\"_ _9\"></span>al ins<span class=\"_ _9\"></span>trum<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s, financi<span class=\"_ _9\"></span>al ass<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s at fair val<span class=\"_ _9\"></span>ue throu<span class=\"_ _9\"></span>gh profi<span class=\"_ _9\"></span>t and los<span class=\"_ _9\"></span>s (<span class=\"_ _11\"></span>o<span class=\"_ _9\"></span>the<span class=\"_ _9\"></span>r inves<span class=\"_ _9\"></span>tmen<span class=\"_ _9\"></span>ts<span class=\"_ _2\"></span>) and the r<span class=\"_ _9\"></span>ede<span class=\"_ _9\"></span>mpti<span class=\"_ _9\"></span>on liabi<span class=\"_ _9\"></span>lit<span class=\"_ _9\"></span>y are th<span class=\"_ _9\"></span>e only fin<span class=\"_ _9\"></span>ancial i<span class=\"_ _9\"></span>ns<span class=\"_ _9\"></span>trume<span class=\"_ _9\"></span>nts w<span class=\"_ _9\"></span>hich a<span class=\"_ _9\"></span>re carri<span class=\"_ _9\"></span>ed a<span class=\"_ _9\"></span>t fair value. For financial in<span class=\"_ _9\"></span>str<span class=\"_ _9\"></span>ume<span class=\"_ _9\"></span>nts o<span class=\"_ _9\"></span>ther th<span class=\"_ _9\"></span>an bo<span class=\"_ _9\"></span>rrowin<span class=\"_ _9\"></span>gs dis<span class=\"_ _9\"></span>clos<span class=\"_ _9\"></span>ed in n<span class=\"_ _9\"></span>ote 21, the carr<span class=\"_ _a\"></span>ying value in the b<span class=\"_ _9\"></span>alan<span class=\"_ _9\"></span>ce sh<span class=\"_ _9\"></span>ee<span class=\"_ _9\"></span>t approx<span class=\"_ _9\"></span>imate<span class=\"_ _9\"></span>s their f<span class=\"_ _9\"></span>air value<span class=\"_ _9\"></span>s. The table b<span class=\"_ _9\"></span>elow s<span class=\"_ _9\"></span>hows th<span class=\"_ _9\"></span>e aggre<span class=\"_ _9\"></span>ga<span class=\"_ _9\"></span>te ass<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s and liab<span class=\"_ _9\"></span>ilitie<span class=\"_ _9\"></span>s carr<span class=\"_ _9\"></span>ied a<span class=\"_ _9\"></span>t fair value by<span class=\"_ _9\"></span> valuation<span class=\"_ _11\"></span> m<span class=\"_ _9\"></span>ethod<span class=\"_ _2\"></span>:<span class=\"_ _335\"> </span><table class=\"s w292 hf4\" id=\"_01d6e3bd-9e1b-4c1d-9bce-fb92903e8b8c\"><tr><td></td><td></td><td></td><td></td><td class=\"c n x5bc y34fe w1c hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x5bd y34fe w1d hb8\"><div class=\"t m0 x239 h15 y320f ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"t m0 xd04 h15 y34ff ff2 fsd fc2 sc0 ls74 ws1\">Level 1<span class=\"_ _335\"> </span></td><td class=\"t m0 xd05 h15 y34ff ff2 fsd fc2 sc0 ls74 ws1\">Level 2<span class=\"_ _335\"> </span></td><td class=\"t m0 xd06 h15 y34ff ff2 fsd fc2 sc0 ls74 ws1\">Level 3<span class=\"_ _335\"> </span></td><td class=\"t m0 x5c6 h15 y34ff ff2 fsd fc2 sc0 lsa4 wsb2\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td><td class=\"t m0 x55f h15 y34ff ff3 fsd fc2 sc0 ls113 ws56\">Level 1<span class=\"_ _335\"> </span></td><td class=\"t m0 x560 h15 y34ff ff3 fsd fc2 sc0 ls113 ws56\">Level 2<span class=\"_ _335\"> </span></td><td class=\"t m0 x561 h15 y34ff ff3 fsd fc2 sc0 ls113 ws56\">Level 3<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y34ff ff3 fsd fc2 sc0 lsa7 ws6c\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x5c8 h15 y3500 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x343 h15 y3500 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x249 h15 y3500 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24a h15 y3500 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24b h15 y3500 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y3500 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y3500 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3500 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32cc w293 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws48\">Asset<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xd07 y32cc w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd08 y32cc w2d hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">31<span class=\"_ _335\"> </span></div></td><td class=\"c n xd09 y32cc w2d hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td><td class=\"c n x65c y32cc w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">41<span class=\"_ _335\"> </span></div></td><td class=\"c n xd0a y32cc w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x3d9 y32cc w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n xd0b y32cc w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">8<span class=\"_ _335\"> </span></div></td><td class=\"c n x5a9 y32cc w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">12<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w294 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws77\">Liabilitie<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xd07 y32cd w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd0c y32cd w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(22)<span class=\"_ _335\"> </span></div></td><td class=\"c n xd0d y32cd w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(18)<span class=\"_ _335\"> </span></div></td><td class=\"c n xd0e y32cd w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(40)<span class=\"_ _335\"> </span></div></td><td class=\"c n xd0f y32cd w5c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd10 y32cd w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(8)<span class=\"_ _335\"> </span></div></td><td class=\"c n xd11 y32cd w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd12 y32cd w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(8)<span class=\"_ _335\"> </span></div></td></tr></table>N<span class=\"_ _9\"></span>o<span class=\"_ _9\"></span>te:<span class=\"_ _335\"> </span>Leve<span class=\"_ _9\"></span>l 1: value<span class=\"_ _9\"></span>d usi<span class=\"_ _9\"></span>ng un<span class=\"_ _9\"></span>adj<span class=\"_ _9\"></span>us<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d quo<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d pr<span class=\"_ _9\"></span>ice<span class=\"_ _9\"></span>s in a<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tiv<span class=\"_ _9\"></span>e mar<span class=\"_ _9\"></span>ket<span class=\"_ _9\"></span>s for i<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>nti<span class=\"_ _9\"></span>cal fin<span class=\"_ _9\"></span>an<span class=\"_ _9\"></span>cia<span class=\"_ _9\"></span>l ins<span class=\"_ _9\"></span>tr<span class=\"_ _9\"></span>um<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s.<span class=\"_ _335\"> </span>Leve<span class=\"_ _9\"></span>l 2: valued u<span class=\"_ _9\"></span>sin<span class=\"_ _9\"></span>g te<span class=\"_ _9\"></span>chn<span class=\"_ _9\"></span>iqu<span class=\"_ _9\"></span>es b<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>ed o<span class=\"_ _9\"></span>n info<span class=\"_ _9\"></span>rm<span class=\"_ _9\"></span>ati<span class=\"_ _9\"></span>on th<span class=\"_ _9\"></span>at c<span class=\"_ _9\"></span>an b<span class=\"_ _9\"></span>e ob<span class=\"_ _9\"></span>tain<span class=\"_ _9\"></span>ed f<span class=\"_ _9\"></span>rom o<span class=\"_ _9\"></span>bs<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>v<span class=\"_ _9\"></span>abl<span class=\"_ _9\"></span>e mar<span class=\"_ _9\"></span>ket d<span class=\"_ _9\"></span>ata.<span class=\"_ _335\"> </span>Level<span class=\"_ _2\"></span> 3<span class=\"_ _11\"></span>: valued<span class=\"_ _2\"></span> using<span class=\"_ _2\"></span> techniques<span class=\"_ _2\"></span> incorporating<span class=\"_ _11\"></span> information other<span class=\"_ _11\"></span> than observable mark<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>t data<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>The fair val<span class=\"_ _9\"></span>ue of the a<span class=\"_ _9\"></span>mount<span class=\"_ _9\"></span>s pa<span class=\"_ _9\"></span>yable u<span class=\"_ _9\"></span>nder th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s le<span class=\"_ _9\"></span>ase o<span class=\"_ _9\"></span>blig<span class=\"_ _9\"></span>ation<span class=\"_ _9\"></span>s, using a di<span class=\"_ _9\"></span>scoun<span class=\"_ _9\"></span>t rate of <span class=\"ff2 ls126 ws15c\">3<span class=\"_ _9\"></span>.<span class=\"_ _9\"></span>6%<span class=\"_ _a\"></span></span> (2025: 3<span class=\"_ _11\"></span>.4%<span class=\"_ _1\"></span>)<span class=\"_ _11\"></span>, is <span class=\"ff2 ls50 ws119\">\u00a3<span class=\"_ _9\"></span>20<span class=\"_ _9\"></span>4m</span> (<span class=\"_ _9\"></span>2025: \u00a3232m<span class=\"_ _11\"></span>)<span class=\"_ _11\"></span>.<span class=\"_ _9\"></span> The fair val<span class=\"_ _9\"></span>ue of the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _2\"></span>s net inve<span class=\"_ _9\"></span>stm<span class=\"_ _9\"></span>ent in te<span class=\"_ _9\"></span>nant finan<span class=\"_ _9\"></span>ce le<span class=\"_ _9\"></span>ase<span class=\"_ _9\"></span>s, calcul<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>d by the Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s ex<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>rnal valu<span class=\"_ _9\"></span>er by app<span class=\"_ _9\"></span>lyin<span class=\"_ _9\"></span>g a weighte<span class=\"_ _9\"></span>d ave<span class=\"_ _9\"></span>rage<span class=\"_ _9\"></span> equivalent<span class=\"_ _2\"></span> yield of <span class=\"ff2 ls12c ws160\">8.0%</span><span class=\"ls22 ws1\"> (<span class=\"_ _9\"></span>2025: 8<span class=\"_ _11\"></span>.8%<span class=\"_ _1\"></span>)<span class=\"_ _11\"></span>, i<span class=\"_ _9\"></span>s <span class=\"ff2 ls120 ws156\">\u00a313<span class=\"_ _9\"></span>m<span class=\"_ _9\"></span></span> (2025: \u00a3<span class=\"_ _2\"></span>12m<span class=\"_ _11\"></span>)<span class=\"_ _1\"></span>.<span class=\"_ _335\"> </span></span>The fair val<span class=\"_ _9\"></span>ues of a<span class=\"_ _9\"></span>ny floatin<span class=\"_ _9\"></span>g rate finan<span class=\"_ _9\"></span>cial lia<span class=\"_ _9\"></span>biliti<span class=\"_ _9\"></span>es are as<span class=\"_ _9\"></span>sume<span class=\"_ _9\"></span>d to be e<span class=\"_ _9\"></span>qual to th<span class=\"_ _9\"></span>eir no<span class=\"_ _9\"></span>minal valu<span class=\"_ _9\"></span>e. The fair value<span class=\"_ _9\"></span>s of the MTNs fal<span class=\"_ _9\"></span>l within<span class=\"_ _9\"></span> Level 1 of th<span class=\"_ _9\"></span>e fair value h<span class=\"_ _9\"></span>ierarc<span class=\"_ _9\"></span>hy<span class=\"_ _11\"></span>, the sy<span class=\"_ _9\"></span>ndica<span class=\"_ _9\"></span>ted an<span class=\"_ _9\"></span>d bila<span class=\"_ _9\"></span>teral fa<span class=\"_ _9\"></span>ciliti<span class=\"_ _9\"></span>es, com<span class=\"_ _9\"></span>merc<span class=\"_ _9\"></span>ial pa<span class=\"_ _9\"></span>per<span class=\"_ _11\"></span>, inte<span class=\"_ _9\"></span>res<span class=\"_ _9\"></span>t-rate s<span class=\"_ _9\"></span>waps and f<span class=\"_ _9\"></span>orei<span class=\"_ _9\"></span>gn exchan<span class=\"_ _9\"></span>ge swa<span class=\"_ _9\"></span>ps fall wi<span class=\"_ _9\"></span>thin Level 2, and th<span class=\"_ _9\"></span>e amo<span class=\"_ _9\"></span>unts p<span class=\"_ _9\"></span>ayab<span class=\"_ _9\"></span>le and re<span class=\"_ _9\"></span>cei<span class=\"_ _9\"></span>vabl<span class=\"_ _9\"></span>e under l<span class=\"_ _9\"></span>ea<span class=\"_ _9\"></span>ses fall w<span class=\"_ _9\"></span>ithin L<span class=\"_ _9\"></span>evel 3. The fair val<span class=\"_ _9\"></span>ues of th<span class=\"_ _9\"></span>e financ<span class=\"_ _9\"></span>ial ins<span class=\"_ _9\"></span>trum<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s ha<span class=\"_ _9\"></span>ve be<span class=\"_ _9\"></span>en de<span class=\"_ _9\"></span>termin<span class=\"_ _9\"></span>ed by re<span class=\"_ _9\"></span>fere<span class=\"_ _9\"></span>nce to re<span class=\"_ _9\"></span>levant mar<span class=\"_ _9\"></span>ket pric<span class=\"_ _9\"></span>es, wh<span class=\"_ _9\"></span>ere a<span class=\"_ _9\"></span>vailabl<span class=\"_ _9\"></span>e. The fair value<span class=\"_ _9\"></span>s of the<span class=\"_ _9\"></span> Group\u2019<span class=\"_ _2\"></span>s out<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>tanding i<span class=\"_ _9\"></span>ntere<span class=\"_ _9\"></span>st-rate s<span class=\"_ _9\"></span>waps h<span class=\"_ _9\"></span>ave be<span class=\"_ _9\"></span>en e<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>timate<span class=\"_ _9\"></span>d by calc<span class=\"_ _9\"></span>ulatin<span class=\"_ _9\"></span>g the pr<span class=\"_ _9\"></span>ese<span class=\"_ _9\"></span>nt value of f<span class=\"_ _9\"></span>uture c<span class=\"_ _9\"></span>ash flow<span class=\"_ _9\"></span>s, using app<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>riate m<span class=\"_ _9\"></span>arket disco<span class=\"_ _9\"></span>unt rate<span class=\"_ _9\"></span>s. Thes<span class=\"_ _9\"></span>e valuati<span class=\"_ _9\"></span>on tec<span class=\"_ _9\"></span>hniqu<span class=\"_ _9\"></span>es fall w<span class=\"_ _9\"></span>ithin L<span class=\"_ _9\"></span>evel 2.<span class=\"_ _335\"> </span>The fair val<span class=\"_ _9\"></span>ue of the r<span class=\"_ _9\"></span>ede<span class=\"_ _9\"></span>mpti<span class=\"_ _9\"></span>on liab<span class=\"_ _9\"></span>ilit<span class=\"_ _9\"></span>y is th<span class=\"_ _9\"></span>e pre<span class=\"_ _9\"></span>sent val<span class=\"_ _9\"></span>ue of the a<span class=\"_ _9\"></span>mount th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up would b<span class=\"_ _9\"></span>e re<span class=\"_ _9\"></span>quire<span class=\"_ _9\"></span>d to pay to s<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>tle th<span class=\"_ _9\"></span>e liabi<span class=\"_ _9\"></span>lit<span class=\"_ _9\"></span>y (<span class=\"_ _2\"></span>an<span class=\"_ gsd2\"> </span>exit<span class=\"_ _9\"></span> pric<span class=\"_ _9\"></span>e<span class=\"_ _11\"></span>)<span class=\"_ _11\"></span>. More<span class=\"_ _9\"></span>over<span class=\"_ _11\"></span>, b<span class=\"_ _9\"></span>oth th<span class=\"_ _9\"></span>e fair value<span class=\"_ _9\"></span>s of the o<span class=\"_ _9\"></span>the<span class=\"_ _9\"></span>r inves<span class=\"_ _9\"></span>tment<span class=\"_ _9\"></span>s and th<span class=\"_ _9\"></span>e red<span class=\"_ _9\"></span>emp<span class=\"_ _9\"></span>tion li<span class=\"_ _9\"></span>abilit<span class=\"_ _9\"></span>y a<span class=\"_ _9\"></span>re calc<span class=\"_ _9\"></span>ulate<span class=\"_ _9\"></span>d by refe<span class=\"_ _9\"></span>renc<span class=\"_ _9\"></span>e to the ne<span class=\"_ _9\"></span>t as<span class=\"_ _9\"></span>set<span class=\"_ _9\"></span>s of th<span class=\"_ _9\"></span>eir resp<span class=\"_ _9\"></span>ec<span class=\"_ _a\"></span>tive under<span class=\"_ _9\"></span>lyin<span class=\"_ _9\"></span>g enti<span class=\"_ _9\"></span>ties. The valu<span class=\"_ _9\"></span>atio<span class=\"_ _9\"></span>ns are no<span class=\"_ _9\"></span>t ba<span class=\"_ _9\"></span>sed o<span class=\"_ _9\"></span>n obs<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>vab<span class=\"_ _9\"></span>le market d<span class=\"_ _9\"></span>ata an<span class=\"_ _9\"></span>d there<span class=\"_ _9\"></span>fore ar<span class=\"_ _9\"></span>e cons<span class=\"_ _9\"></span>ider<span class=\"_ _9\"></span>ed to fall w<span class=\"_ _9\"></span>ithin Leve<span class=\"_ _9\"></span>l 3.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinancialRiskManagementExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-426": {
   "value": "(i<span class=\"_ _11\"></span><span class=\"lsdb wsfd\">) CREDIT RISK<span class=\"_ _335\"> </span></span>The Group<span class=\"_ _2\"></span>\u2019<span class=\"_ _11\"></span>s princi<span class=\"_ _2\"></span>pal financi<span class=\"_ _2\"></span>al assets are cas<span class=\"_ _2\"></span>h and cas<span class=\"_ _2\"></span>h equivalen<span class=\"_ _2\"></span>ts, trade<span class=\"_ _11\"></span> and other receivables, net i<span class=\"_ _11\"></span>nvestment in fina<span class=\"_ _2\"></span>nce leases and a<span class=\"_ _2\"></span>mounts due from jo<span class=\"_ _9\"></span>int venture<span class=\"_ _9\"></span>s. F<span class=\"_ _2\"></span>ur<span class=\"_ _9\"></span>the<span class=\"_ _9\"></span>r detai<span class=\"_ _9\"></span>ls con<span class=\"_ _9\"></span>cerni<span class=\"_ _9\"></span>ng the cr<span class=\"_ _9\"></span>edi<span class=\"_ _9\"></span>t risk of c<span class=\"_ _9\"></span>ounte<span class=\"_ _9\"></span>rpar<span class=\"_ _a\"></span>ties is prov<span class=\"_ _9\"></span>ide<span class=\"_ _9\"></span>d in the n<span class=\"_ _9\"></span>ote tha<span class=\"_ _9\"></span>t spe<span class=\"_ _9\"></span>cificall<span class=\"_ _9\"></span>y rel<span class=\"_ _9\"></span>ates to e<span class=\"_ _9\"></span>ach t<span class=\"_ _9\"></span>y<span class=\"_ _9\"></span>pe o<span class=\"_ _9\"></span>f ass<span class=\"_ _9\"></span>et.<span class=\"_ _335\"> </span>BANK AND<span class=\"_ _11\"></span> FINANCIAL INSTIT<span class=\"_ _2\"></span>UTIONS<span class=\"_ _335\"> </span>The pr<span class=\"_ _9\"></span>incip<span class=\"_ _9\"></span>al cre<span class=\"_ _9\"></span>dit ris<span class=\"_ _9\"></span>ks of th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up arise f<span class=\"_ _9\"></span>rom finan<span class=\"_ _9\"></span>cial de<span class=\"_ _9\"></span>riva<span class=\"_ _9\"></span>tive ins<span class=\"_ _9\"></span>tru<span class=\"_ _9\"></span>ment<span class=\"_ _9\"></span>s and d<span class=\"_ _9\"></span>epo<span class=\"_ _9\"></span>sit<span class=\"_ _9\"></span>s wi<span class=\"_ _9\"></span>th bank<span class=\"_ _9\"></span>s and fina<span class=\"_ _9\"></span>ncial in<span class=\"_ _9\"></span>sti<span class=\"_ _9\"></span>tuti<span class=\"_ _9\"></span>ons. In line wi<span class=\"_ _9\"></span>th the po<span class=\"_ _9\"></span>lic<span class=\"_ _9\"></span>y appr<span class=\"_ _9\"></span>oved by the B<span class=\"_ _9\"></span>oar<span class=\"_ _9\"></span>d of Dire<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tor<span class=\"_ _9\"></span>s, financi<span class=\"_ _9\"></span>al ins<span class=\"_ _9\"></span>trum<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s, inclu<span class=\"_ _9\"></span>ding de<span class=\"_ _9\"></span>riva<span class=\"_ _9\"></span>tives an<span class=\"_ _9\"></span>d cash d<span class=\"_ _9\"></span>ep<span class=\"_ _9\"></span>osit<span class=\"_ _9\"></span>s, are onl<span class=\"_ _9\"></span>y pla<span class=\"_ _9\"></span>ce<span class=\"_ _9\"></span>d with b<span class=\"_ _9\"></span>ank<span class=\"_ _9\"></span>s and financi<span class=\"_ _9\"></span>al ins<span class=\"_ _9\"></span>titu<span class=\"_ _9\"></span>tions w<span class=\"_ _9\"></span>ith a min<span class=\"_ _9\"></span>imum cre<span class=\"_ _9\"></span>dit ra<span class=\"_ _9\"></span>ting of B<span class=\"_ _9\"></span>BB+ or e<span class=\"_ _9\"></span>qui<span class=\"_ _9\"></span>valent. The G<span class=\"_ _9\"></span>roup aim<span class=\"_ _9\"></span>s to plac<span class=\"_ _9\"></span>e financi<span class=\"_ _9\"></span>al ins<span class=\"_ _9\"></span>trum<span class=\"_ _9\"></span>ent tran<span class=\"_ _9\"></span>sac<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>ons w<span class=\"_ _9\"></span>ith b<span class=\"_ _9\"></span>anks<span class=\"_ _9\"></span> and financ<span class=\"_ _9\"></span>ial ins<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>tutio<span class=\"_ _9\"></span>ns wi<span class=\"_ _9\"></span>th whic<span class=\"_ _9\"></span>h it ha<span class=\"_ _9\"></span>s a commi<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>ted l<span class=\"_ _9\"></span>endin<span class=\"_ _9\"></span>g rela<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>ship. The Group\u2019<span class=\"_ _2\"></span>s treas<span class=\"_ _9\"></span>ur<span class=\"_ _9\"></span>y fun<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tion p<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>fo<span class=\"_ _9\"></span>rms re<span class=\"_ _9\"></span>gular r<span class=\"_ _9\"></span>eview<span class=\"_ _9\"></span>s of the<span class=\"_ _9\"></span> cred<span class=\"_ _9\"></span>it rat<span class=\"_ _9\"></span>ings of al<span class=\"_ _9\"></span>l financia<span class=\"_ _9\"></span>l counte<span class=\"_ _9\"></span>rpar<span class=\"_ _a\"></span>ties and m<span class=\"_ _9\"></span>onito<span class=\"_ _9\"></span>rs th<span class=\"_ _9\"></span>e exis<span class=\"_ _9\"></span>ting d<span class=\"_ _9\"></span>eri<span class=\"_ _9\"></span>vative<span class=\"_ _9\"></span>s and ca<span class=\"_ _9\"></span>sh inves<span class=\"_ _9\"></span>tme<span class=\"_ _9\"></span>nt exp<span class=\"_ _9\"></span>osure<span class=\"_ _9\"></span>s to ensur<span class=\"_ _9\"></span>e that th<span class=\"_ _9\"></span>ey remai<span class=\"_ _9\"></span>n within the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _11\"></span>s po<span class=\"_ _9\"></span>licy lim<span class=\"_ _9\"></span>its.<span class=\"_ _335\"> </span>TR<span class=\"_ _9\"></span>AD<span class=\"_ _9\"></span>E RECEIVABLES<span class=\"_ _335\"> </span>T<span class=\"_ _11\"></span>rade receivables<span class=\"_ _2\"></span> are present<span class=\"_ _2\"></span>ed in the<span class=\"_ _2\"></span> balance sheet net of a<span class=\"_ _2\"></span>llowances<span class=\"_ _2\"></span> for doubtful receiva<span class=\"_ _2\"></span>bles. T<span class=\"_ _2\"></span>he Group assesses on a<span class=\"_ _11\"></span> for<span class=\"_ _9\"></span>ward-looking basi<span class=\"_ _2\"></span>s the exp<span class=\"_ _9\"></span>ec<span class=\"_ _a\"></span>ted cred<span class=\"_ _9\"></span>it los<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>s ass<span class=\"_ _9\"></span>ocia<span class=\"_ _9\"></span>ted w<span class=\"_ _9\"></span>ith i<span class=\"_ _9\"></span>ts tra<span class=\"_ _9\"></span>de re<span class=\"_ _9\"></span>ceiva<span class=\"_ _9\"></span>ble<span class=\"_ _9\"></span>s. A provisio<span class=\"_ _9\"></span>n for im<span class=\"_ _9\"></span>pairm<span class=\"_ _9\"></span>ent is m<span class=\"_ _9\"></span>ade f<span class=\"_ _9\"></span>or the lif<span class=\"_ _9\"></span>etim<span class=\"_ _9\"></span>e exp<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d cre<span class=\"_ _9\"></span>dit lo<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>s on<span class=\"_ _9\"></span> initial r<span class=\"_ _9\"></span>eco<span class=\"_ _9\"></span>gniti<span class=\"_ _9\"></span>on of the r<span class=\"_ _9\"></span>ece<span class=\"_ _9\"></span>ivabl<span class=\"_ _9\"></span>e. In determin<span class=\"_ _9\"></span>ing the ex<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ted c<span class=\"_ _9\"></span>redi<span class=\"_ _9\"></span>t los<span class=\"_ _9\"></span>ses, th<span class=\"_ _9\"></span>e Group takes in<span class=\"_ _9\"></span>to acco<span class=\"_ _9\"></span>unt any rec<span class=\"_ _9\"></span>ent pa<span class=\"_ _9\"></span>ym<span class=\"_ _9\"></span>ent b<span class=\"_ _9\"></span>eha<span class=\"_ _9\"></span>vio<span class=\"_ _9\"></span>urs<span class=\"_ _9\"></span> and fu<span class=\"_ _9\"></span>ture exp<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>ta<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>s of likely de<span class=\"_ _9\"></span>faul<span class=\"_ _9\"></span>t event<span class=\"_ _9\"></span>s (i.<span class=\"_ _11\"></span>e. not m<span class=\"_ _9\"></span>aking p<span class=\"_ _9\"></span>ay<span class=\"_ _9\"></span>ment o<span class=\"_ _9\"></span>n the du<span class=\"_ _9\"></span>e date) based o<span class=\"_ _9\"></span>n indi<span class=\"_ _9\"></span>vidu<span class=\"_ _9\"></span>al cus<span class=\"_ _9\"></span>tom<span class=\"_ _9\"></span>er cre<span class=\"_ _9\"></span>dit ra<span class=\"_ _9\"></span>tings, a<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tual<span class=\"_ _9\"></span> or expected insolvency filings<span class=\"_ _2\"></span> or compan<span class=\"_ _2\"></span>y volun<span class=\"_ _2\"></span>tary arrangements,<span class=\"_ _11\"></span> likely deferra<span class=\"_ _2\"></span>ls of payments due<span class=\"_ _11\"></span>, agreed rent concessions and<span class=\"_ _2\"></span> mark<span class=\"_ _2\"></span>et expec<span class=\"_ _9\"></span>tations a<span class=\"_ _2\"></span>nd trends<span class=\"_ _2\"></span> in the<span class=\"_ _2\"></span> wider macroeconomic en<span class=\"_ _2\"></span>vironment i<span class=\"_ _2\"></span>n which our<span class=\"_ _11\"></span> cus<span class=\"_ _9\"></span>tomers operate<span class=\"_ _11\"></span>. These assessments are made on a c<span class=\"_ _2\"></span>ustomer by customer basis.<span class=\"_ _335\"> </span>T<span class=\"_ _11\"></span>o limit<span class=\"_ _2\"></span> the Group<span class=\"_ _11\"></span>\u2019<span class=\"_ _2\"></span>s exposure<span class=\"_ _11\"></span> to credit risk on t<span class=\"_ _11\"></span>rade receivables, a cr<span class=\"_ _2\"></span>edit repor<span class=\"_ _9\"></span>t is us<span class=\"_ _2\"></span>ually obta<span class=\"_ _2\"></span>ined from a<span class=\"_ _2\"></span>n independent r<span class=\"_ _2\"></span>ating agency prior<span class=\"_ _2\"></span> to the inc<span class=\"_ _9\"></span>epti<span class=\"_ _9\"></span>on of a le<span class=\"_ _9\"></span>ase w<span class=\"_ _9\"></span>ith a n<span class=\"_ _9\"></span>ew counte<span class=\"_ _9\"></span>rpar<span class=\"_ _a\"></span>ty<span class=\"_ _11\"></span>. Thi<span class=\"_ _9\"></span>s rep<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>t, alo<span class=\"_ _9\"></span>ngsi<span class=\"_ _9\"></span>de the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _11\"></span>s in<span class=\"_ _9\"></span>ternal a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>ss<span class=\"_ _9\"></span>ment o<span class=\"_ _9\"></span>f cre<span class=\"_ _9\"></span>dit ris<span class=\"_ _9\"></span>k, is us<span class=\"_ _9\"></span>ed to de<span class=\"_ _9\"></span>term<span class=\"_ _9\"></span>ine the<span class=\"_ _9\"></span> size of th<span class=\"_ _9\"></span>e dep<span class=\"_ _9\"></span>osit th<span class=\"_ _9\"></span>at is r<span class=\"_ _9\"></span>equir<span class=\"_ _9\"></span>ed, if any<span class=\"_ _11\"></span>, from th<span class=\"_ _9\"></span>e tenant a<span class=\"_ _9\"></span>t ince<span class=\"_ _9\"></span>ptio<span class=\"_ _9\"></span>n. In gener<span class=\"_ _9\"></span>al, these d<span class=\"_ _9\"></span>epo<span class=\"_ _9\"></span>sit<span class=\"_ _9\"></span>s repr<span class=\"_ _9\"></span>ese<span class=\"_ _9\"></span>nt be<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>wee<span class=\"_ _9\"></span>n thre<span class=\"_ _9\"></span>e and six m<span class=\"_ _9\"></span>onth<span class=\"_ _9\"></span>s\u2019 rent.<span class=\"_ _335\"> </span>NE<span class=\"_ _9\"></span>T IN<span class=\"_ _9\"></span>VE<span class=\"_ _9\"></span>S<span class=\"_ _9\"></span>TM<span class=\"_ _9\"></span>E<span class=\"_ _9\"></span>NT IN F<span class=\"_ _9\"></span>IN<span class=\"_ _9\"></span>AN<span class=\"_ _9\"></span>C<span class=\"_ _9\"></span>E LE<span class=\"_ _9\"></span>A<span class=\"_ _9\"></span>SE<span class=\"_ _9\"></span>S<span class=\"_ _9\"></span> This ba<span class=\"_ _9\"></span>lanc<span class=\"_ _9\"></span>e rela<span class=\"_ _9\"></span>tes to am<span class=\"_ _9\"></span>ount<span class=\"_ _9\"></span>s rec<span class=\"_ _9\"></span>eivab<span class=\"_ _9\"></span>le from te<span class=\"_ _9\"></span>nant<span class=\"_ _9\"></span>s in res<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t of ten<span class=\"_ _9\"></span>ant financ<span class=\"_ _9\"></span>e le<span class=\"_ _9\"></span>ases. This i<span class=\"_ _9\"></span>s not c<span class=\"_ _9\"></span>onsi<span class=\"_ _9\"></span>dere<span class=\"_ _9\"></span>d a signific<span class=\"_ _9\"></span>ant cre<span class=\"_ _9\"></span>dit ri<span class=\"_ _9\"></span>sk as the<span class=\"_ _9\"></span> tenants ar<span class=\"_ _2\"></span>e generally<span class=\"_ _2\"></span> of good financi<span class=\"_ _2\"></span>al standi<span class=\"_ _2\"></span>ng.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfCreditRiskExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-427": {
   "value": "(<span class=\"ls53 wsf4\">ii<span class=\"_ _2\"></span><span class=\"lsdb wsfd\">) L<span class=\"_ _2\"></span>IQUIDITY RISK<span class=\"_ _335\"> </span></span></span>The Gr<span class=\"_ _9\"></span>oup has a w<span class=\"_ _9\"></span>ell spr<span class=\"_ _9\"></span>ead d<span class=\"_ _9\"></span>ebt an<span class=\"_ _9\"></span>d facil<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>y ma<span class=\"_ _9\"></span>turit<span class=\"_ _9\"></span>y p<span class=\"_ _9\"></span>rofile w<span class=\"_ _9\"></span>ith exp<span class=\"_ _9\"></span>ec<span class=\"_ _a\"></span>ted matur<span class=\"_ _9\"></span>itie<span class=\"_ _9\"></span>s on it<span class=\"_ _9\"></span>s MTNs be<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>wee<span class=\"_ _9\"></span>n 2027 and 2057 and dive<span class=\"_ _9\"></span>rsifie<span class=\"_ _9\"></span>d shor<span class=\"_ _a\"></span>ter<span class=\"_ _2\"></span>-term ma<span class=\"_ _9\"></span>turiti<span class=\"_ _9\"></span>es in co<span class=\"_ _9\"></span>mme<span class=\"_ _9\"></span>rcial p<span class=\"_ _9\"></span>ape<span class=\"_ _9\"></span>r and co<span class=\"_ _9\"></span>mmit<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d bank f<span class=\"_ _9\"></span>acili<span class=\"_ _9\"></span>ties, tha<span class=\"_ _9\"></span>t are de<span class=\"_ _9\"></span>sign<span class=\"_ _9\"></span>ed to en<span class=\"_ _9\"></span>sure tha<span class=\"_ _9\"></span>t the Gr<span class=\"_ _9\"></span>oup has s<span class=\"_ _9\"></span>ufficien<span class=\"_ _9\"></span>t availab<span class=\"_ _9\"></span>le<span class=\"_ _9\"></span> funds for<span class=\"_ _2\"></span> its operations, c<span class=\"_ _2\"></span>ommitted capital e<span class=\"_ _2\"></span>xpenditure progr<span class=\"_ _2\"></span>amme and<span class=\"_ _2\"></span> refinanc<span class=\"_ _2\"></span>ing of u<span class=\"_ _2\"></span>pcoming matur<span class=\"_ _2\"></span>ing debt<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>Management monitors<span class=\"_ _2\"></span> the Group<span class=\"_ _11\"></span>\u2019<span class=\"_ _2\"></span>s availa<span class=\"_ _11\"></span>b<span class=\"_ _9\"></span>le financ<span class=\"_ _2\"></span>ial headroom as<span class=\"_ _2\"></span> follows<span class=\"_ _11\"></span>:<span class=\"_ _335\"> </span><table class=\"s w1b he4\" id=\"_a6b2f3b1-a9ce-476a-8637-bc20679af117\"><tr><td></td><td class=\"t m0 x2ba h15 y34e7 ff2 fsd fc2 sc0 ls3f wsbc\">2026 </td><td class=\"t m0 x247 h15 y34e7 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24d h15 y34e8 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y34e8 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32e2 w61 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls65 ws90\">Cash and cash equivalents<span class=\"_ _335\"> </span></div></td><td class=\"c n x72c y32e2 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">106<span class=\"_ _335\"> </span></div></td><td class=\"c n x61e y32e2 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">39<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e3 w27d hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls19 ws29\">Undraw<span class=\"_ _9\"></span>n facili<span class=\"_ _9\"></span>ties<span class=\"_ _335\"> </span></div></td><td class=\"c n xc8a y32e3 w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,904<span class=\"_ _335\"> </span></div></td><td class=\"c n xc8b y32e3 w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,812<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e4 w27e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Commercial paper<span class=\"_ _335\"> </span></div></td><td class=\"c n xc8c y32e4 w28 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(744)<span class=\"_ _335\"> </span></div></td><td class=\"c n xa7e y32e4 w29 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(750)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w27f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls37 ws34\">Cash and availab<span class=\"_ _9\"></span>le undraw<span class=\"_ _9\"></span>n facilities<span class=\"_ _335\"> </span></div></td><td class=\"c n xc8d y32cc w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,266<span class=\"_ _335\"> </span></div></td><td class=\"c n xc8e y32cc w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,101<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y32cd wd7 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">As a p<span class=\"_ _9\"></span>ropo<span class=\"_ _9\"></span>rtio<span class=\"_ _9\"></span>n of draw<span class=\"_ _9\"></span>n deb<span class=\"_ _9\"></span>t</div><div class=\"t m0 x4f8 h16 y32a3 ff2 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xc8f y32cd wb1 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">28.9%<span class=\"_ _335\"> </span></div></td><td class=\"c n xc90 y32cd wb2 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">24.9%<span class=\"_ _335\"> </span></div></td></tr></table>1. <span class=\"_ _9\"></span>B<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>ed o<span class=\"_ _9\"></span>n no<span class=\"_ _9\"></span>min<span class=\"_ _9\"></span>al val<span class=\"_ _9\"></span>ue<span class=\"_ _9\"></span>s, inc<span class=\"_ _9\"></span>lud<span class=\"_ _9\"></span>ing MT<span class=\"_ _9\"></span>Ns an<span class=\"_ _9\"></span>d com<span class=\"_ _9\"></span>me<span class=\"_ _9\"></span>rci<span class=\"_ _9\"></span>al p<span class=\"_ _9\"></span>ap<span class=\"_ _9\"></span>er<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>The Group<span class=\"_ _2\"></span>\u2019<span class=\"_ _11\"></span>s core fi<span class=\"_ _2\"></span>nancing structure is i<span class=\"_ _2\"></span>n the Secur<span class=\"_ _2\"></span>ity Group,<span class=\"_ _2\"></span> although t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>e Non-<span class=\"_ _2\"></span>restricted Group may also secur<span class=\"_ _2\"></span>e independent fund<span class=\"_ _11\"></span>ing.<span class=\"_ _335\"> </span>SECURITY GROUP<span class=\"_ _335\"> </span>The Group<span class=\"_ _2\"></span>\u2019<span class=\"_ _11\"></span>s principa<span class=\"_ _2\"></span>l financi<span class=\"_ _11\"></span>ng arrangements utilise<span class=\"_ _2\"></span> the credit s<span class=\"_ _2\"></span>uppor<span class=\"_ _9\"></span>t of a<span class=\"_ _2\"></span> ring-<span class=\"_ _11\"></span>fence<span class=\"_ _9\"></span>d group<span class=\"_ _11\"></span> of asset<span class=\"_ _9\"></span>s (<span class=\"_ _11\"></span>the Securit<span class=\"_ _9\"></span>y Group<span class=\"_ _11\"></span>) that com<span class=\"_ _2\"></span>prises the maj<span class=\"_ _2\"></span>ority of the Group<span class=\"_ _11\"></span>\u2019<span class=\"_ _2\"></span>s in<span class=\"_ _2\"></span>vestment properties, development<span class=\"_ _2\"></span> proper<span class=\"_ _9\"></span>ties and<span class=\"_ _2\"></span> a number of<span class=\"_ _11\"></span> investments in other assets.<span class=\"_ _11\"></span> The<span class=\"_ _9\"></span>se arra<span class=\"_ _2\"></span>ngements ope<span class=\"_ _9\"></span>rate in \u2018<span class=\"_ _9\"></span>tier<span class=\"_ _9\"></span>s\u2019 deter<span class=\"_ _9\"></span>mine<span class=\"_ _9\"></span>d by L<span class=\"_ _11\"></span>T<span class=\"_ _9\"></span>V and inte<span class=\"_ _9\"></span>res<span class=\"_ _9\"></span>t cove<span class=\"_ _9\"></span>r ratio (ICR)<span class=\"_ _1\"></span>. Thi<span class=\"_ _9\"></span>s str<span class=\"_ _9\"></span>uc<span class=\"_ _9\"></span>tur<span class=\"_ _9\"></span>e is mos<span class=\"_ _9\"></span>t fle<span class=\"_ _9\"></span>xibl<span class=\"_ _9\"></span>e at lowe<span class=\"_ _9\"></span>r tier<span class=\"_ _9\"></span>s (with a lower L<span class=\"_ _2\"></span>T<span class=\"_ _9\"></span>V and a high<span class=\"_ _9\"></span>er ICR<span class=\"_ _11\"></span>) and allows<span class=\"_ _11\"></span> prop<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>ty acquisitions,<span class=\"_ _11\"></span> disposals and dev<span class=\"_ _2\"></span>elopments to occur<span class=\"_ _2\"></span> with relative<span class=\"_ _11\"></span> free<span class=\"_ _9\"></span>dom.<span class=\"_ _2\"></span> In hig<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>er tiers,<span class=\"_ _11\"></span> the requirements become more r<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>tric<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>ive. No financial c<span class=\"_ _9\"></span>ovenan<span class=\"_ _9\"></span>t defaul<span class=\"_ _9\"></span>t is tri<span class=\"_ _9\"></span>gger<span class=\"_ _9\"></span>ed until th<span class=\"_ _9\"></span>e app<span class=\"_ _9\"></span>licabl<span class=\"_ _9\"></span>e L<span class=\"_ _11\"></span>T<span class=\"_ _9\"></span>V exce<span class=\"_ _9\"></span>eds 10<span class=\"_ _9\"></span>0% or the ICR is le<span class=\"_ _9\"></span>ss th<span class=\"_ _9\"></span>an 1.<span class=\"_ _11\"></span>0x.<span class=\"_ _335\"> </span>As a<span class=\"_ _9\"></span>t 31 March 202<span class=\"_ _2\"></span>6, the L<span class=\"_ _11\"></span>T<span class=\"_ _9\"></span>V for th<span class=\"_ _9\"></span>e Se<span class=\"_ _9\"></span>curit<span class=\"_ _9\"></span>y G<span class=\"_ _9\"></span>roup wa<span class=\"_ _9\"></span>s <span class=\"ff2 ls20 ws1e\">41.6%</span> (<span class=\"_ _9\"></span>2025: 4<span class=\"_ _11\"></span>1.<span class=\"_ _1\"></span>9%<span class=\"_ _11\"></span>)<span class=\"_ _11\"></span>, m<span class=\"_ _9\"></span>eanin<span class=\"_ _9\"></span>g that th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up was op<span class=\"_ _9\"></span>era<span class=\"_ _9\"></span>ting in Ti<span class=\"_ _9\"></span>er 1 and b<span class=\"_ _9\"></span>ene<span class=\"_ _9\"></span>fit<span class=\"_ _9\"></span>ted<span class=\"_ _9\"></span> from max<span class=\"_ _9\"></span>imum ope<span class=\"_ _9\"></span>ration<span class=\"_ _9\"></span>al flexibilit<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>Management monitors<span class=\"_ _2\"></span> the k<span class=\"_ _11\"></span>ey Securit<span class=\"_ _9\"></span>y Group c<span class=\"_ _2\"></span>ovenants i<span class=\"_ _11\"></span>ncluding L<span class=\"_ _11\"></span>TV<span class=\"_ _11\"></span>, IC<span class=\"_ _2\"></span>R, sector and regional<span class=\"_ _2\"></span> concentration<span class=\"_ _11\"></span>, and disposals on<span class=\"_ _2\"></span> a monthly basis or semi<span class=\"_ _11\"></span>-annual basis,<span class=\"_ _2\"></span> depending on t<span class=\"_ _2\"></span>he cov<span class=\"_ _2\"></span>enant<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>NON-RESTRICTED GROUP<span class=\"_ _335\"> </span>The No<span class=\"_ _9\"></span>n-res<span class=\"_ _9\"></span>tric<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d Gro<span class=\"_ _9\"></span>up ob<span class=\"_ _9\"></span>tains fun<span class=\"_ _9\"></span>ding wh<span class=\"_ _9\"></span>en re<span class=\"_ _9\"></span>quire<span class=\"_ _9\"></span>d from a co<span class=\"_ _9\"></span>mbin<span class=\"_ _9\"></span>atio<span class=\"_ _9\"></span>n of inter-comp<span class=\"_ _9\"></span>any loa<span class=\"_ _9\"></span>ns from th<span class=\"_ _9\"></span>e Se<span class=\"_ _9\"></span>curit<span class=\"_ _9\"></span>y G<span class=\"_ _9\"></span>roup, equi<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y and<span class=\"_ _9\"></span> ex<span class=\"_ _9\"></span>tern<span class=\"_ _9\"></span>al bank d<span class=\"_ _9\"></span>ebt. B<span class=\"_ _9\"></span>esp<span class=\"_ _9\"></span>oke credi<span class=\"_ _9\"></span>t faci<span class=\"_ _9\"></span>litie<span class=\"_ _9\"></span>s are es<span class=\"_ _9\"></span>tab<span class=\"_ _9\"></span>lishe<span class=\"_ _9\"></span>d wi<span class=\"_ _9\"></span>th ban<span class=\"_ _9\"></span>ks wh<span class=\"_ _9\"></span>en re<span class=\"_ _9\"></span>quire<span class=\"_ _9\"></span>d for th<span class=\"_ _9\"></span>e Non-re<span class=\"_ _9\"></span>str<span class=\"_ _9\"></span>ic<span class=\"_ _9\"></span>ted G<span class=\"_ _9\"></span>roup an<span class=\"_ _9\"></span>d joint ve<span class=\"_ _9\"></span>nture<span class=\"_ _9\"></span>s, usuall<span class=\"_ _9\"></span>y on a limi<span class=\"_ _9\"></span>ted-rec<span class=\"_ _9\"></span>our<span class=\"_ _9\"></span>se ba<span class=\"_ _9\"></span>sis.<span class=\"_ _335\"> </span>The tabl<span class=\"_ _9\"></span>e bel<span class=\"_ _9\"></span>ow anal<span class=\"_ _9\"></span>yse<span class=\"_ _9\"></span>s the Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s finan<span class=\"_ _9\"></span>cial liab<span class=\"_ _9\"></span>ilitie<span class=\"_ _9\"></span>s into re<span class=\"_ _9\"></span>levant ma<span class=\"_ _9\"></span>turit<span class=\"_ _9\"></span>y g<span class=\"_ _9\"></span>roupin<span class=\"_ _9\"></span>gs ba<span class=\"_ _9\"></span>sed o<span class=\"_ _9\"></span>n the re<span class=\"_ _9\"></span>maining p<span class=\"_ _9\"></span>eri<span class=\"_ _9\"></span>od a<span class=\"_ _9\"></span>t the ba<span class=\"_ _9\"></span>lance s<span class=\"_ _9\"></span>he<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span> date to th<span class=\"_ _9\"></span>e expe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d matur<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>y da<span class=\"_ _9\"></span>te. The amount<span class=\"_ _9\"></span>s dis<span class=\"_ _9\"></span>clos<span class=\"_ _9\"></span>ed in th<span class=\"_ _9\"></span>e table are th<span class=\"_ _9\"></span>e con<span class=\"_ _9\"></span>trac<span class=\"_ _9\"></span>tua<span class=\"_ _9\"></span>l undis<span class=\"_ _9\"></span>counte<span class=\"_ _9\"></span>d cash fl<span class=\"_ _9\"></span>ows (inc<span class=\"_ _9\"></span>lusive o<span class=\"_ _9\"></span>f intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t)<span class=\"_ _1\"></span>.<span class=\"_ _335\"> </span><table class=\"s w280 hef\" id=\"_4fd10674-213e-4cb5-9008-1485b497cc09\"><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m0 x247 h15 y34e9 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 xc91 h15 y34ea ff2 fsd fc2 sc0 ls1 ws8e\">Less than <span class=\"ws1\"> </span></td><td class=\"t m0 xc92 h15 y34ea ff2 fsd fc2 sc0 ls74 ws1\">Be<span class=\"_ _9\"></span>tw<span class=\"_ _9\"></span>ee<span class=\"_ _9\"></span>n 1 </td><td class=\"t m0 xc93 h15 y34ea ff2 fsd fc2 sc0 ls74 ws1\">Be<span class=\"_ _9\"></span>tw<span class=\"_ _9\"></span>ee<span class=\"_ _9\"></span>n 2 </td><td class=\"t m0 x2ba h15 y34ea ff2 fsd fc2 sc0 ls3a ws37\">Ove<span class=\"_ _9\"></span>r <span class=\"ls1 ws1\"> </span></td><td></td></tr><tr><td></td><td class=\"t m0 xa99 h15 y34eb ff2 fsd fc2 sc0 ls74 ws1\">1 year<span class=\"_ _335\"> </span></td><td class=\"t m0 xa07 h15 y34eb ff2 fsd fc2 sc0 ls74 ws1\">and 2 ye<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></td><td class=\"t m0 x938 h15 y34eb ff2 fsd fc2 sc0 ls74 ws1\">and 5 ye<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></td><td class=\"t m0 x23d h15 y34eb ff2 fsd fc2 sc0 ls74 ws1\">5 year<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></td><td class=\"t m0 x33a h15 y34eb ff2 fsd fc2 sc0 lsa4 wsb2\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24a h15 y34ec ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24b h15 y34ec ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y34ec ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y34ec ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y34ec ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y335b w281 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Borrowings (<span class=\"_ _11\"></span>excl<span class=\"_ _2\"></span>uding lease l<span class=\"_ _2\"></span>iabilit<span class=\"_ _2\"></span>ies<span class=\"_ _11\"></span>)<span class=\"_ _335\"> </span></div></td><td class=\"c n xc94 y335b w66 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,229<span class=\"_ _335\"> </span></div></td><td class=\"c n x41d y335b w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">485<span class=\"_ _335\"> </span></div></td><td class=\"c n xc95 y335b w58 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,406<span class=\"_ _335\"> </span></div></td><td class=\"c n xc96 y335b w66 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">2,342<span class=\"_ _335\"> </span></div></td><td class=\"c n xc97 y335b w66 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">5,462<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32df w267 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Derivative fi<span class=\"_ _11\"></span>nancial instruments<span class=\"_ _335\"> </span></div></td><td class=\"c n x533 y32df w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xc5a y32df w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x772 y32df w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td><td class=\"c n x3a7 y32df w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x4b8 y32df w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e0 w282 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls65 ws90\">Lease liabilities<span class=\"_ _335\"> </span></div></td><td class=\"c n xc98 y32e0 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">8<span class=\"_ _335\"> </span></div></td><td class=\"c n xc99 y32e0 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">8<span class=\"_ _335\"> </span></div></td><td class=\"c n x57b y32e0 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">24<span class=\"_ _335\"> </span></div></td><td class=\"c n xc9a y32e0 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">957<span class=\"_ _335\"> </span></div></td><td class=\"c n xc9b y32e0 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">997<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e1 w283 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">T<span class=\"_ _11\"></span>rade payables<span class=\"_ _335\"> </span></div></td><td class=\"c n xc9c y32e1 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">37<span class=\"_ _335\"> </span></div></td><td class=\"c n xc9d y32e1 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xc9e y32e1 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xc9f y32e1 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5af y32e1 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">37<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e2 w284 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1e wsb4\">Capital accruals<span class=\"_ _335\"> </span></div></td><td class=\"c n x2c9 y32e2 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">70<span class=\"_ _335\"> </span></div></td><td class=\"c n xca0 y32e2 w37 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xca1 y32e2 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xc6a y32e2 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x624 y32e2 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">70<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32ca w285 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1e ws86\">Accruals<span class=\"_ _335\"> </span></div></td><td class=\"c n xca2 y32ca w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">91<span class=\"_ _335\"> </span></div></td><td class=\"c n x2f1 y32ca w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xca3 y32ca w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xca4 y32ca w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x57a y32ca w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">91<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w286 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other payables<span class=\"_ _335\"> </span></div></td><td class=\"c n xca5 y32cb w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">44<span class=\"_ _335\"> </span></div></td><td class=\"c n xca6 y32cb w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">9<span class=\"_ _335\"> </span></div></td><td class=\"c n xca7 y32cb w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">31<span class=\"_ _335\"> </span></div></td><td class=\"c n xca8 y32cb w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x328 y32cb w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">84<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w268 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws33\">Redemp<span class=\"_ _9\"></span>tion liabili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _335\"> </span></div></td><td class=\"c n x2e3 y32cc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">18<span class=\"_ _335\"> </span></div></td><td class=\"c n xab6 y32cc w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xca9 y32cc w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x40c y32cc w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x9cf y32cc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">18<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n xcaa y32cd w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,497<span class=\"_ _335\"> </span></div></td><td class=\"c n xcab y32cd w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">502<span class=\"_ _335\"> </span></div></td><td class=\"c n xcac y32cd w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,483<span class=\"_ _335\"> </span></div></td><td class=\"c n xcad y32cd w58 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">3,299<span class=\"_ _335\"> </span></div></td><td class=\"c n xcae y32cd w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">6,781<span class=\"_ _335\"> </span></div></td></tr></table><table class=\"s w287 hf0\" id=\"_4ab6ef29-ffb3-4972-9b16-58004fac2601\"><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m0 x247 h15 y34ed ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 xc73 h15 y34ee ff3 fsd fc2 sc0 ls114 ws140\">Less t<span class=\"_ _2\"></span>han <span class=\"ls1 ws1\"> </span></td><td class=\"t m0 xcaf h15 y34ee ff3 fsd fc2 sc0 ls74 ws1\">Be<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>we<span class=\"_ _9\"></span>en 1<span class=\"_ _9\"></span> </td><td class=\"t m0 xc93 h15 y34ee ff3 fsd fc2 sc0 ls74 ws1\">Be<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>we<span class=\"_ _9\"></span>en 2<span class=\"_ _9\"></span> </td><td class=\"t m0 x2ba h15 y34ee ff3 fsd fc2 sc0 ls113 ws13f\">Over <span class=\"ls1 ws1\"> </span></td><td></td></tr><tr><td></td><td class=\"t m0 x2bb h15 y34ef ff3 fsd fc2 sc0 ls74 ws1\">1 yea<span class=\"_ _9\"></span>r<span class=\"_ _335\"> </span></td><td class=\"t m0 xa07 h15 y34ef ff3 fsd fc2 sc0 ls74 ws1\">and 2 ye<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></td><td class=\"t m0 x938 h15 y34ef ff3 fsd fc2 sc0 ls74 ws1\">and 5 ye<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></td><td class=\"t m0 x561 h15 y34ef ff3 fsd fc2 sc0 ls74 ws1\">5 yea<span class=\"_ _9\"></span>rs<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y34ef ff3 fsd fc2 sc0 lsa7 ws6c\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24a h15 y34f0 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24b h15 y34f0 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y34f0 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y34f0 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y34f0 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32df w281 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Borrowings (<span class=\"_ _11\"></span>excl<span class=\"_ _2\"></span>uding lease l<span class=\"_ _2\"></span>iabilit<span class=\"_ _2\"></span>ies<span class=\"_ _11\"></span>)<span class=\"_ _335\"> </span></div></td><td class=\"c n xcb0 y32df w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">880<span class=\"_ _335\"> </span></div></td><td class=\"c n xcb1 y32df w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">130<span class=\"_ _335\"> </span></div></td><td class=\"c n xcb2 y32df w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,548<span class=\"_ _335\"> </span></div></td><td class=\"c n xcb3 y32df w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">2,799<span class=\"_ _335\"> </span></div></td><td class=\"c n xcb4 y32df w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">5,357<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e0 w267 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Derivative fi<span class=\"_ _11\"></span>nancial instruments<span class=\"_ _335\"> </span></div></td><td class=\"c n xcb5 y32e0 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td><td class=\"c n xcb6 y32e0 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x622 y32e0 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5ae y32e0 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xcb7 y32e0 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">8<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e1 w282 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls65 ws90\">Lease liabilities<span class=\"_ _335\"> </span></div></td><td class=\"c n xc98 y32e1 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">9<span class=\"_ _335\"> </span></div></td><td class=\"c n xc99 y32e1 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">8<span class=\"_ _335\"> </span></div></td><td class=\"c n x57b y32e1 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">25<span class=\"_ _335\"> </span></div></td><td class=\"c n xcb8 y32e1 w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,043<span class=\"_ _335\"> </span></div></td><td class=\"c n xcb9 y32e1 w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,085<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e2 w283 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">T<span class=\"_ _11\"></span>rade payables<span class=\"_ _335\"> </span></div></td><td class=\"c n xc9c y32e2 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">30<span class=\"_ _335\"> </span></div></td><td class=\"c n xcba y32e2 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xa77 y32e2 w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x589 y32e2 w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x58a y32e2 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">30<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e3 w284 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1e wsb4\">Capital accruals<span class=\"_ _335\"> </span></div></td><td class=\"c n x2c9 y32e3 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">70<span class=\"_ _335\"> </span></div></td><td class=\"c n xcbb y32e3 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x7a2 y32e3 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x7a3 y32e3 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xaa1 y32e3 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">70<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e4 w285 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1e ws86\">Accruals<span class=\"_ _335\"> </span></div></td><td class=\"c n xcbc y32e4 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">155<span class=\"_ _335\"> </span></div></td><td class=\"c n xcbd y32e4 w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xcbe y32e4 w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xcbf y32e4 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x74a y32e4 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">155<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3356 w286 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other payables<span class=\"_ _335\"> </span></div></td><td class=\"c n xca5 y3356 w34 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td><td class=\"c n xcc0 y3356 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x419 y3356 w34 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">44<span class=\"_ _335\"> </span></div></td><td class=\"c n x589 y3356 w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x58a y3356 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">66<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n xcaa y32cd w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,172<span class=\"_ _335\"> </span></div></td><td class=\"c n xcc1 y32cd w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">140<span class=\"_ _335\"> </span></div></td><td class=\"c n xcc2 y32cd w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,617<span class=\"_ _335\"> </span></div></td><td class=\"c n xcc3 y32cd w59 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">3,842<span class=\"_ _335\"> </span></div></td><td class=\"c n xcc4 y32cd w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">6,771<span class=\"_ _335\"> </span></div></td></tr></table>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfLiquidityRiskExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-428": {
   "value": "(<span class=\"ls53 wsf4\">iii<span class=\"_ _2\"></span><span class=\"lsdd ws145\">) MARKET<span class=\"_ _2\"></span> RISK<span class=\"_ _335\"> </span></span></span>The Gr<span class=\"_ _9\"></span>oup is ex<span class=\"_ _9\"></span>pos<span class=\"_ _9\"></span>ed to mar<span class=\"_ _9\"></span>ket risk thr<span class=\"_ _9\"></span>ough inte<span class=\"_ _9\"></span>res<span class=\"_ _9\"></span>t ra<span class=\"_ _9\"></span>tes, avai<span class=\"_ _9\"></span>labili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y and pr<span class=\"_ _9\"></span>ice of c<span class=\"_ _9\"></span>redi<span class=\"_ _9\"></span>t and fo<span class=\"_ _9\"></span>reign exch<span class=\"_ _9\"></span>ange m<span class=\"_ _9\"></span>oveme<span class=\"_ _9\"></span>nt<span class=\"_ _9\"></span>s.<span class=\"_ _335\"> </span>INTER<span class=\"_ _9\"></span>EST R<span class=\"_ _a\"></span>A<span class=\"_ _11\"></span>TES<span class=\"_ _335\"> </span>The Gr<span class=\"_ _9\"></span>oup use<span class=\"_ _9\"></span>s der<span class=\"_ _9\"></span>ivati<span class=\"_ _9\"></span>ve financ<span class=\"_ _9\"></span>ial ins<span class=\"_ _9\"></span>trum<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s to man<span class=\"_ _9\"></span>age it<span class=\"_ _9\"></span>s inte<span class=\"_ _9\"></span>res<span class=\"_ _9\"></span>t-rate exp<span class=\"_ _9\"></span>osure an<span class=\"_ _9\"></span>d has a h<span class=\"_ _9\"></span>edg<span class=\"_ _9\"></span>ing po<span class=\"_ _9\"></span>lic<span class=\"_ _9\"></span>y that g<span class=\"_ _9\"></span>ene<span class=\"_ _9\"></span>rally re<span class=\"_ _9\"></span>quire<span class=\"_ _9\"></span>s at l<span class=\"_ _9\"></span>eas<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span> 70<span class=\"_ _11\"></span>% o<span class=\"_ _9\"></span>f it<span class=\"_ _9\"></span>s fore<span class=\"_ _9\"></span>cas<span class=\"_ _9\"></span>t de<span class=\"_ _9\"></span>bt fro<span class=\"_ _9\"></span>m comm<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>ted c<span class=\"_ _9\"></span>ash flow<span class=\"_ _9\"></span>s for the c<span class=\"_ _9\"></span>oming t<span class=\"_ _9\"></span>hree ye<span class=\"_ _9\"></span>ars an<span class=\"_ _9\"></span>d at le<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>t 50% for ye<span class=\"_ _9\"></span>ars fo<span class=\"_ _9\"></span>ur and five. Due to a c<span class=\"_ _9\"></span>ombin<span class=\"_ _9\"></span>atio<span class=\"_ _9\"></span>n of factors, includ<span class=\"_ _2\"></span>ing the<span class=\"_ _2\"></span> degree of certainty required u<span class=\"_ _2\"></span>nder IF<span class=\"_ _2\"></span>RS 9 Fina<span class=\"_ _2\"></span>ncial i<span class=\"_ _2\"></span>nstruments, the Gr<span class=\"_ _2\"></span>oup does not apply hedge ac<span class=\"_ _2\"></span>counting<span class=\"_ _2\"></span> to hed<span class=\"_ _9\"></span>ging ins<span class=\"_ _9\"></span>tr<span class=\"_ _9\"></span>umen<span class=\"_ _9\"></span>ts us<span class=\"_ _9\"></span>ed in thi<span class=\"_ _9\"></span>s contex<span class=\"_ _a\"></span>t<span class=\"_ _2\"></span>. Spe<span class=\"_ _9\"></span>cific inter<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>t rate h<span class=\"_ _9\"></span>ed<span class=\"_ _9\"></span>ges ar<span class=\"_ _9\"></span>e also us<span class=\"_ _9\"></span>ed fro<span class=\"_ _9\"></span>m time to tim<span class=\"_ _9\"></span>e to fix the inte<span class=\"_ _9\"></span>res<span class=\"_ _9\"></span>t ra<span class=\"_ _9\"></span>te expo<span class=\"_ _9\"></span>sure on<span class=\"_ _9\"></span> <span class=\"ls1\"> </span>our de<span class=\"_ _9\"></span>bt. Wher<span class=\"_ _9\"></span>e spe<span class=\"_ _9\"></span>cific he<span class=\"_ _9\"></span>dge<span class=\"_ _9\"></span>s are us<span class=\"_ _9\"></span>ed to fix th<span class=\"_ _9\"></span>e intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t expo<span class=\"_ _9\"></span>sure on flo<span class=\"_ _9\"></span>atin<span class=\"_ _9\"></span>g rate d<span class=\"_ _9\"></span>ebt, the<span class=\"_ _9\"></span>se m<span class=\"_ _9\"></span>ay qual<span class=\"_ _9\"></span>if<span class=\"_ _9\"></span>y for h<span class=\"_ _9\"></span>ed<span class=\"_ _9\"></span>ge acc<span class=\"_ _9\"></span>ountin<span class=\"_ _9\"></span>g.<span class=\"_ _335\"> </span>At 3<span class=\"_ _11\"></span>1 Mar<span class=\"_ _9\"></span>ch 2026, the net no<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>al posi<span class=\"_ _9\"></span>tion o<span class=\"_ _9\"></span>f the Gr<span class=\"_ _9\"></span>oup\u2019<span class=\"_ _11\"></span>s inte<span class=\"_ _9\"></span>res<span class=\"_ _9\"></span>t-rate s<span class=\"_ _9\"></span>waps (inc<span class=\"_ _9\"></span>luding t<span class=\"_ _9\"></span>he Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s sha<span class=\"_ _9\"></span>re of joi<span class=\"_ _9\"></span>nt venture<span class=\"_ _9\"></span>s and n<span class=\"_ _9\"></span>on-whol<span class=\"_ _9\"></span>ly owned subsidiaries<span class=\"_ _11\"></span>) was <span class=\"ff2 ls47 ws91\">\u00a3950m</span><span class=\"ls22 ws1\"> of p<span class=\"_ _9\"></span>ay-fixed and re<span class=\"_ _9\"></span>cei<span class=\"_ _9\"></span>ve-floa<span class=\"_ _9\"></span>ting inte<span class=\"_ _9\"></span>res<span class=\"_ _9\"></span>t-rate sw<span class=\"_ _9\"></span>aps (2025: \u00a31<span class=\"_ _11\"></span>,<span class=\"_ _11\"></span>145m) and the Group h<span class=\"_ _9\"></span>ad a ne<span class=\"_ _9\"></span>t noti<span class=\"_ _9\"></span>onal p<span class=\"_ _9\"></span>osi<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span> </span>of <span class=\"ff2 ls120 ws156\">\u00a310<span class=\"_ _9\"></span>0<span class=\"_ _9\"></span>m</span><span class=\"ws1\"> fo<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>ward s<span class=\"_ _9\"></span>tar<span class=\"_ _a\"></span>ting pay-fixed and re<span class=\"_ _9\"></span>cei<span class=\"_ _9\"></span>ve-floa<span class=\"_ _9\"></span>ting inte<span class=\"_ _9\"></span>res<span class=\"_ _9\"></span>t-rate s<span class=\"_ _9\"></span>waps (2025: \u00a350<span class=\"_ _9\"></span>0m)<span class=\"_ _1\"></span>. The Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s gro<span class=\"_ _9\"></span>ss de<span class=\"_ _9\"></span>bt p<span class=\"_ _9\"></span>ositi<span class=\"_ _9\"></span>on (inc<span class=\"_ _9\"></span>luding th<span class=\"_ _9\"></span>e </span>Group\u2019<span class=\"_ _2\"></span>s share o<span class=\"_ _9\"></span>f joint ve<span class=\"_ _9\"></span>nture and n<span class=\"_ _9\"></span>on-who<span class=\"_ _9\"></span>lly ow<span class=\"_ _9\"></span>ned su<span class=\"_ _9\"></span>bsidia<span class=\"_ _9\"></span>ries) at 3<span class=\"_ _11\"></span>1 M<span class=\"_ _9\"></span>arch 2026 was <span class=\"ff2 ls81 wsb8\">88.<span class=\"_ _1\"></span>9%<span class=\"ff3 ls22 ws1\"> fixe<span class=\"_ _9\"></span>d (2025: 91.3<span class=\"_ _11\"></span>%<span class=\"_ _2\"></span>)<span class=\"_ _11\"></span>, a 1<span class=\"_ _11\"></span>% in<span class=\"_ _9\"></span>cre<span class=\"_ _9\"></span>ase<span class=\"_ _9\"></span>/<span class=\"_ _1\"></span>(<span class=\"_ _11\"></span>d<span class=\"_ _9\"></span>ecr<span class=\"_ _9\"></span>eas<span class=\"_ _9\"></span>e<span class=\"_ _11\"></span>)<span class=\"_ _9\"></span> </span></span>in int<span class=\"_ _11\"></span>eres<span class=\"_ _9\"></span>t rates would<span class=\"_ _2\"></span> increase/<span class=\"_ _1\"></span>(<span class=\"_ _11\"></span>decrease<span class=\"_ _11\"></span>) the annua<span class=\"_ _2\"></span>l net finance<span class=\"_ _2\"></span> expense in t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>e income statement<span class=\"_ _2\"></span> and reduce/<span class=\"_ _1\"></span>(i<span class=\"_ _2\"></span>ncrease<span class=\"_ _11\"></span>) equity by <span class=\"ff2 ls119 ws144\">\u00a3<span class=\"_ _9\"></span>7m<span class=\"_ _9\"></span> </span>(2025: \u00a38m<span class=\"_ _11\"></span>)<span class=\"_ _11\"></span>. The se<span class=\"_ _9\"></span>nsiti<span class=\"_ _9\"></span>vi<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y has b<span class=\"_ _9\"></span>een c<span class=\"_ _9\"></span>alcul<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>d by appl<span class=\"_ _9\"></span>ying th<span class=\"_ _9\"></span>e intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t rate ch<span class=\"_ _9\"></span>ange to th<span class=\"_ _9\"></span>e floa<span class=\"_ _9\"></span>ting rate c<span class=\"_ _9\"></span>omp<span class=\"_ _9\"></span>one<span class=\"_ _9\"></span>nts o<span class=\"_ _9\"></span>f bor<span class=\"_ _9\"></span>rowin<span class=\"_ _9\"></span>gs, intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t-<span class=\"_ _335\"> </span>rate s<span class=\"_ _9\"></span>waps as we<span class=\"_ _9\"></span>ll as cas<span class=\"_ _9\"></span>h and cas<span class=\"_ _9\"></span>h equi<span class=\"_ _9\"></span>valen<span class=\"_ _9\"></span>ts.<span class=\"_ _335\"> </span>FOREIGN EXCHANGE<span class=\"_ _335\"> </span>For<span class=\"_ _2\"></span>eign ex<span class=\"_ _11\"></span>change risk arises when fut<span class=\"_ _2\"></span>ure commercia<span class=\"_ _11\"></span>l transactions or recognised assets or lia<span class=\"_ _2\"></span>bilities a<span class=\"_ _2\"></span>re denominat<span class=\"_ _2\"></span>ed in a cu<span class=\"_ _11\"></span>rrenc<span class=\"_ _9\"></span>y that is not the Group<span class=\"_ _11\"></span>\u2019<span class=\"_ _2\"></span>s functional cur<span class=\"_ _2\"></span>rency<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>As th<span class=\"_ _9\"></span>e Grou<span class=\"_ _9\"></span>p is UK ba<span class=\"_ _9\"></span>sed, for<span class=\"_ _9\"></span>eign exch<span class=\"_ _9\"></span>ange ex<span class=\"_ _9\"></span>po<span class=\"_ _9\"></span>sure from o<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>ratio<span class=\"_ _9\"></span>ns is low<span class=\"_ _11\"></span>. T<span class=\"_ _9\"></span>he majo<span class=\"_ _9\"></span>rit<span class=\"_ _9\"></span>y o<span class=\"_ _9\"></span>f the Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s for<span class=\"_ _9\"></span>eign cur<span class=\"_ _9\"></span>renc<span class=\"_ _9\"></span>y tran<span class=\"_ _9\"></span>sac<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>ons re<span class=\"_ _9\"></span>late<span class=\"_ _9\"></span> to forei<span class=\"_ _9\"></span>gn curre<span class=\"_ _9\"></span>nc<span class=\"_ _9\"></span>y bor<span class=\"_ _9\"></span>rowin<span class=\"_ _9\"></span>g under th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s co<span class=\"_ _9\"></span>mmer<span class=\"_ _9\"></span>cial p<span class=\"_ _9\"></span>aper p<span class=\"_ _9\"></span>rogr<span class=\"_ _9\"></span>amme. It is the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _11\"></span>s p<span class=\"_ _9\"></span>olic<span class=\"_ _9\"></span>y to he<span class=\"_ _9\"></span>dg<span class=\"_ _9\"></span>e 100% of this exp<span class=\"_ _9\"></span>osure. At 3<span class=\"_ _11\"></span>1 Mar<span class=\"_ _9\"></span>ch 2026, the Group ha<span class=\"_ _9\"></span>d issu<span class=\"_ _9\"></span>ed <span class=\"ff2 ls20 ws1e\">\u20ac<span class=\"_ _a\"></span>311m<span class=\"_ _9\"></span></span> (<span class=\"_ _9\"></span>2025: \u20ac370m<span class=\"_ _11\"></span>) an<span class=\"_ _9\"></span>d <span class=\"ff2 ls1b ws11a\">$3<span class=\"_ _9\"></span>24m</span> (<span class=\"_ _9\"></span>2025: $220m) of commerc<span class=\"_ _9\"></span>ial pa<span class=\"_ _9\"></span>per<span class=\"_ _11\"></span>, f<span class=\"_ _9\"></span>ully he<span class=\"_ _9\"></span>dge<span class=\"_ _9\"></span>d thro<span class=\"_ _9\"></span>ugh for<span class=\"_ _9\"></span>eign<span class=\"_ _9\"></span> exchange<span class=\"_ _11\"></span> s<span class=\"_ _9\"></span>waps<span class=\"_ _2\"></span>. A 1<span class=\"_ _11\"></span>0% weak<span class=\"_ _2\"></span>ening or<span class=\"_ _2\"></span> strengthening of<span class=\"_ _2\"></span> St<span class=\"_ _2\"></span>erling w<span class=\"_ _2\"></span>ould theref<span class=\"_ _2\"></span>ore have <span class=\"ff2 ls1f ws1d\">\u00a3nil</span><span class=\"ls22 ws1\"> (2025: \u00a3nil<span class=\"_ _2\"></span>) impa<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t in the in<span class=\"_ _9\"></span>com<span class=\"_ _9\"></span>e sta<span class=\"_ _9\"></span>teme<span class=\"_ _9\"></span>nt and<span class=\"_ _9\"></span> </span>equity arising fr<span class=\"_ _2\"></span>om foreign<span class=\"_ _11\"></span> currency borrowings.<span class=\"_ _335\"> </span>Wher<span class=\"_ _9\"></span>e addi<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>al fore<span class=\"_ _9\"></span>ign exchan<span class=\"_ _9\"></span>ge ris<span class=\"_ _9\"></span>k is ide<span class=\"_ _9\"></span>ntified (not linked to bo<span class=\"_ _9\"></span>rrowin<span class=\"_ _9\"></span>gs<span class=\"_ _2\"></span>)<span class=\"_ _11\"></span>, it is the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _2\"></span>s poli<span class=\"_ _9\"></span>cy to as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ss the l<span class=\"_ _9\"></span>ikelihoo<span class=\"_ _9\"></span>d of the r<span class=\"_ _9\"></span>isk<span class=\"_ _9\"></span> cr<span class=\"_ _9\"></span>ys<span class=\"_ _9\"></span>talli<span class=\"_ _9\"></span>sing and i<span class=\"_ _9\"></span>f dee<span class=\"_ _9\"></span>me<span class=\"_ _9\"></span>d appro<span class=\"_ _9\"></span>pria<span class=\"_ _9\"></span>te use d<span class=\"_ _9\"></span>eriva<span class=\"_ _9\"></span>tive finan<span class=\"_ _9\"></span>cial in<span class=\"_ _9\"></span>str<span class=\"_ _9\"></span>ume<span class=\"_ _9\"></span>nts to h<span class=\"_ _9\"></span>edg<span class=\"_ _9\"></span>e som<span class=\"_ _9\"></span>e or all of th<span class=\"_ _9\"></span>e risk. At 3<span class=\"_ _11\"></span>1 M<span class=\"_ _9\"></span>arch 2026, the Group h<span class=\"_ _9\"></span>ad no<span class=\"_ _9\"></span> forei<span class=\"_ _9\"></span>gn curre<span class=\"_ _9\"></span>nc<span class=\"_ _9\"></span>y exp<span class=\"_ _9\"></span>osure<span class=\"_ _9\"></span>s (<span class=\"_ _11\"></span>o<span class=\"_ _9\"></span>ther th<span class=\"_ _9\"></span>an thos<span class=\"_ _9\"></span>e linked to bo<span class=\"_ _9\"></span>rrowin<span class=\"_ _9\"></span>gs<span class=\"_ _2\"></span>) bein<span class=\"_ _9\"></span>g mana<span class=\"_ _9\"></span>ged u<span class=\"_ _9\"></span>sing de<span class=\"_ _9\"></span>riva<span class=\"_ _9\"></span>tive finan<span class=\"_ _9\"></span>cial ins<span class=\"_ _9\"></span>tr<span class=\"_ _9\"></span>umen<span class=\"_ _9\"></span>ts (202<span class=\"_ _9\"></span>5: \u00a3nil exposure)<span class=\"_ _1\"></span>. A 10% weakening or s<span class=\"_ _9\"></span>tren<span class=\"_ _9\"></span>gthe<span class=\"_ _9\"></span>ning of Ster<span class=\"_ _9\"></span>ling woul<span class=\"_ _9\"></span>d there<span class=\"_ _9\"></span>fore h<span class=\"_ _9\"></span>ave no im<span class=\"_ _9\"></span>pa<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t on the l<span class=\"_ _9\"></span>oss b<span class=\"_ _9\"></span>efo<span class=\"_ _9\"></span>re tax and o<span class=\"_ _9\"></span>r total e<span class=\"_ _9\"></span>quit<span class=\"_ _9\"></span>y (<span class=\"_ _9\"></span>2025: \u00a3nil impac<span class=\"_ _9\"></span>t)<span class=\"_ _1\"></span>.<span class=\"_ _335\"> </span>FINANCIAL<span class=\"_ _11\"></span> MA<span class=\"_ _2\"></span>TURITY ANAL<span class=\"_ _1\"></span>YSIS<span class=\"_ _335\"> </span>The int<span class=\"_ _2\"></span>erest rate profi<span class=\"_ _2\"></span>le of t<span class=\"_ _2\"></span>he Group<span class=\"_ _2\"></span>\u2019<span class=\"_ _11\"></span>s borrowings is<span class=\"_ _11\"></span> se<span class=\"_ _9\"></span>t out below (<span class=\"_ _2\"></span>based on notional<span class=\"_ _2\"></span> values<span class=\"_ _11\"></span>)<span class=\"_ _1\"></span>:<span class=\"_ _335\"> </span><table class=\"s w288 hf1\" id=\"_7a050226-d67e-43b8-82d1-e9470c822f2f\"><tr><td></td><td></td><td></td><td class=\"c n x23a y34f1 w1c hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></div></td><td></td><td></td><td class=\"c n x23b y34f1 w1d hb8\"><div class=\"t m0 x239 h15 y320f ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"t m0 x23e h15 y34f2 ff2 fsd fc2 sc0 lsa6 ws96\">Fixed<span class=\"ls1 ws1\"> </span></td><td class=\"t m0 x23c h15 y34f2 ff2 fsd fc2 sc0 ls8d ws95\">Flo<span class=\"_ _9\"></span>ating<span class=\"_ _335\"> </span></td><td></td><td class=\"t m0 x240 h15 y34f2 ff3 fsd fc2 sc0 ls41 ws7c\">Fixed<span class=\"ls1 ws1\"> </span></td><td class=\"t m0 x5c0 h15 y34f2 ff3 fsd fc2 sc0 ls76 ws13e\">Floating<span class=\"ls1 ws1\"> </span></td><td></td></tr><tr><td></td><td class=\"t m0 xcc5 h15 y34f3 ff2 fsd fc2 sc0 ls7b ws94\"> rate</td><td class=\"t m0 xcc6 h15 y34f3 ff2 fsd fc2 sc0 ls7b ws94\"> rate<span class=\"_ _335\"> </span></td><td class=\"t m0 x244 h15 y34f3 ff2 fsd fc2 sc0 lsa4 wsb2\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l</td><td class=\"t m0 x2b9 h15 y34f3 ff3 fsd fc2 sc0 ls154 ws194\"> rate</td><td class=\"t m0 x2ba h15 y34f3 ff3 fsd fc2 sc0 ls154 ws194\"> rate<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y34f3 ff3 fsd fc2 sc0 lsa7 ws6c\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x249 h15 y34f4 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24a h15 y34f4 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24b h15 y34f4 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y34f4 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y34f4 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y34f4 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32ca w247 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws77\">Sterling<span class=\"_ _335\"> </span></div></td><td class=\"c n xcc7 y32ca w19a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">3,027<span class=\"_ _335\"> </span></div></td><td class=\"c n xcc8 y32ca w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">974<span class=\"_ _335\"> </span></div></td><td class=\"c n xcc9 y32ca w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">4,001<span class=\"_ _335\"> </span></div></td><td class=\"c n xcca y32ca w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">3,050<span class=\"_ _335\"> </span></div></td><td class=\"c n xccb y32ca w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,048<span class=\"_ _335\"> </span></div></td><td class=\"c n x349 y32ca w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">4,098<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w24b hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls40 wsbe\">Euro<span class=\"_ _335\"> </span></div></td><td class=\"c n x631 y32cb w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xccc y32cb w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">270<span class=\"_ _335\"> </span></div></td><td class=\"c n x2d8 y32cb w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">270<span class=\"_ _335\"> </span></div></td><td class=\"c n xccd y32cb w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c7 y32cb w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">310<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c8 y32cb w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">310<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w24e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls3c ws143\">US Do<span class=\"_ _9\"></span>llar<span class=\"_ _335\"> </span></div></td><td class=\"c n x631 y32cc w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xccc y32cc w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">246<span class=\"_ _335\"> </span></div></td><td class=\"c n x2d8 y32cc w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">246<span class=\"_ _335\"> </span></div></td><td class=\"c n xccd y32cc w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c7 y32cc w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">170<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c8 y32cc w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">170<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n xcce y32cd w19a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">3,027<span class=\"_ _335\"> </span></div></td><td class=\"c n xccf y32cd w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,490<span class=\"_ _335\"> </span></div></td><td class=\"c n xcd0 y32cd w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">4,517<span class=\"_ _335\"> </span></div></td><td class=\"c n xcd1 y32cd w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">3,050<span class=\"_ _335\"> </span></div></td><td class=\"c n xcd2 y32cd w59 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,528<span class=\"_ _335\"> </span></div></td><td class=\"c n xcd3 y32cd w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">4,578<span class=\"_ _335\"> </span></div></td></tr></table>The exp<span class=\"_ _9\"></span>ec<span class=\"_ _a\"></span>ted matur<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>y pro<span class=\"_ _9\"></span>files of th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s bo<span class=\"_ _9\"></span>rrow<span class=\"_ _9\"></span>ings are a<span class=\"_ _9\"></span>s follo<span class=\"_ _9\"></span>ws (bas<span class=\"_ _9\"></span>ed o<span class=\"_ _9\"></span>n net n<span class=\"_ _9\"></span>otio<span class=\"_ _9\"></span>nal valu<span class=\"_ _9\"></span>es<span class=\"_ _2\"></span>)<span class=\"_ _1\"></span>:<span class=\"_ _335\"> </span><table class=\"s w289 hf2\" id=\"_99168660-6560-411b-8e6e-e30850647ea9\"><tr><td></td><td></td><td></td><td class=\"c n x23a y34f5 w1c hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></div></td><td></td><td></td><td class=\"c n x23b y34f5 w1d hbc\"><div class=\"t m0 x239 h15 y3229 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"t m0 x23e h15 y34f6 ff2 fsd fc2 sc0 lsa6 ws96\">Fixed<span class=\"ls1 ws1\"> </span></td><td class=\"t m0 x23c h15 y34f6 ff2 fsd fc2 sc0 ls8d ws95\">Flo<span class=\"_ _9\"></span>ating<span class=\"_ _335\"> </span></td><td></td><td class=\"t m0 x240 h15 y34f6 ff3 fsd fc2 sc0 ls41 ws7c\">Fixed<span class=\"ls1 ws1\"> </span></td><td class=\"t m0 x5c0 h15 y34f6 ff3 fsd fc2 sc0 ls76 ws13e\">Floating<span class=\"ls1 ws1\"> </span></td><td></td></tr><tr><td></td><td class=\"t m0 xcc5 h15 y34f7 ff2 fsd fc2 sc0 ls7b ws94\"> rate</td><td class=\"t m0 xcc6 h15 y34f7 ff2 fsd fc2 sc0 ls7b ws94\"> rate<span class=\"_ _335\"> </span></td><td class=\"t m0 x244 h15 y34f7 ff2 fsd fc2 sc0 lsa4 wsb2\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l</td><td class=\"t m0 x2b9 h15 y34f7 ff3 fsd fc2 sc0 ls154 ws194\"> rate</td><td class=\"t m0 x2ba h15 y34f7 ff3 fsd fc2 sc0 ls154 ws194\"> rate<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y34f7 ff3 fsd fc2 sc0 lsa7 ws6c\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x249 h15 y34f8 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24a h15 y34f8 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24b h15 y34f8 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y34f8 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y34f8 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y34f8 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32e0 w28a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">One year or<span class=\"_ _2\"></span> less, or on<span class=\"_ _2\"></span> demand<span class=\"_ _335\"> </span></div></td><td class=\"c n xcd4 y32e0 w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">351<span class=\"_ _335\"> </span></div></td><td class=\"c n xcd5 y32e0 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">744<span class=\"_ _335\"> </span></div></td><td class=\"c n xcd6 y32e0 w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,095<span class=\"_ _335\"> </span></div></td><td class=\"c n xca9 y32e0 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xcd7 y32e0 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">750<span class=\"_ _335\"> </span></div></td><td class=\"c n xcd8 y32e0 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">750<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e1 w28b hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">More th<span class=\"_ _9\"></span>an one ye<span class=\"_ _9\"></span>ar bu<span class=\"_ _9\"></span>t not m<span class=\"_ _9\"></span>ore th<span class=\"_ _9\"></span>an t<span class=\"_ _9\"></span>wo year<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xcd9 y32e1 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">66<span class=\"_ _335\"> </span></div></td><td class=\"c n xcda y32e1 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">300<span class=\"_ _335\"> </span></div></td><td class=\"c n x58d y32e1 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">366<span class=\"_ _335\"> </span></div></td><td class=\"c n xcdb y32e1 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x9f1 y32e1 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">240<span class=\"_ _335\"> </span></div></td><td class=\"c n x590 y32e1 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">241<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e2 w28c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">More th<span class=\"_ _9\"></span>an t<span class=\"_ _9\"></span>wo year<span class=\"_ _9\"></span>s bu<span class=\"_ _9\"></span>t not m<span class=\"_ _9\"></span>ore tha<span class=\"_ _9\"></span>n five year<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xcdc y32e2 w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">679<span class=\"_ _335\"> </span></div></td><td class=\"c n xcdd y32e2 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">446<span class=\"_ _335\"> </span></div></td><td class=\"c n xcde y32e2 w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,125<span class=\"_ _335\"> </span></div></td><td class=\"c n x563 y32e2 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">718<span class=\"_ _335\"> </span></div></td><td class=\"c n x564 y32e2 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">538<span class=\"_ _335\"> </span></div></td><td class=\"c n xcdf y32e2 w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,256<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e3 w22b hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">More th<span class=\"_ _9\"></span>an five year<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xce0 y32e3 w19a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,931<span class=\"_ _335\"> </span></div></td><td class=\"c n xce1 y32e3 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xce2 y32e3 w58 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,931<span class=\"_ _335\"> </span></div></td><td class=\"c n xce3 y32e3 w59 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">2,331<span class=\"_ _335\"> </span></div></td><td class=\"c n x97d y32e3 w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xce4 y32e3 w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">2,331<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e4 w28d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls37 ws50\">Borrowings<span class=\"_ _335\"> </span></div></td><td class=\"c n xce5 y32e4 w19a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">3,027<span class=\"_ _335\"> </span></div></td><td class=\"c n xce6 y32e4 w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,490<span class=\"_ _335\"> </span></div></td><td class=\"c n xce7 y32e4 w58 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">4,517<span class=\"_ _335\"> </span></div></td><td class=\"c n xce8 y32e4 w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">3,050<span class=\"_ _335\"> </span></div></td><td class=\"c n xce9 y32e4 w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,528<span class=\"_ _335\"> </span></div></td><td class=\"c n xcea y32e4 w59 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">4,578<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w28e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Effec<span class=\"_ _9\"></span>t of he<span class=\"_ _9\"></span>dging<span class=\"_ _335\"> </span></div></td><td class=\"c n xceb y32cc w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">950<span class=\"_ _335\"> </span></div></td><td class=\"c n xcec y32cc w28 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(950)<span class=\"_ _335\"> </span></div></td><td class=\"c n xced y32cc w37 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xcee y32cc w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,145<span class=\"_ _335\"> </span></div></td><td class=\"c n xcef y32cc w6a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(1,145)<span class=\"_ _335\"> </span></div></td><td class=\"c n xcf0 y32cc w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w28f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Borrowi<span class=\"_ _9\"></span>ngs ne<span class=\"_ _9\"></span>t of intere<span class=\"_ _9\"></span>st<span class=\"_ _2\"></span>-rate swaps<span class=\"_ _335\"> </span></div></td><td class=\"c n xcf1 y32cd w19a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">3,977<span class=\"_ _335\"> </span></div></td><td class=\"c n xcf2 y32cd w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">540<span class=\"_ _335\"> </span></div></td><td class=\"c n xcf3 y32cd w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">4,517<span class=\"_ _335\"> </span></div></td><td class=\"c n xcf4 y32cd w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">4,195<span class=\"_ _335\"> </span></div></td><td class=\"c n xcf5 y32cd w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">383<span class=\"_ _335\"> </span></div></td><td class=\"c n xcf6 y32cd w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">4,578<span class=\"_ _335\"> </span></div></td></tr></table>The exp<span class=\"_ _9\"></span>ec<span class=\"_ _a\"></span>ted matur<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>y pro<span class=\"_ _9\"></span>files of th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s de<span class=\"_ _9\"></span>rivat<span class=\"_ _9\"></span>ive financ<span class=\"_ _9\"></span>ial ins<span class=\"_ _9\"></span>tru<span class=\"_ _9\"></span>ment<span class=\"_ _9\"></span>s are as f<span class=\"_ _9\"></span>ollow<span class=\"_ _9\"></span>s (bas<span class=\"_ _9\"></span>ed on n<span class=\"_ _9\"></span>et no<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>al value<span class=\"_ _9\"></span>s<span class=\"_ _11\"></span>)<span class=\"_ _11\"></span>:<span class=\"_ _335\"> </span><table class=\"s w290 hf3\" id=\"_036c8229-16a6-433b-8bd6-d7c661aff632\"><tr><td></td><td></td><td class=\"c n x557 y34f9 w1c hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n x558 y34f9 w44 hbc\"><div class=\"t m0 x239 h15 y3229 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"t m0 xa96 h15 y34fa ff2 fsd fc2 sc0 ls1 ws1\">Foreign </td><td></td><td class=\"t m0 x23d h15 y34fa ff3 fsd fc2 sc0 ls77 ws7d\">Foreign </td><td></td></tr><tr><td></td><td class=\"t m0 x559 h15 y34fb ff2 fsd fc2 sc0 ls41 ws7c\">excha<span class=\"_ _2\"></span>nge </td><td class=\"t m0 x7c4 h15 y34fb ff2 fsd fc2 sc0 ls16a ws1aa\">I<span class=\"_ _9\"></span>n<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>e<span class=\"_ _9\"></span>r<span class=\"_ _a\"></span>e<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t-<span class=\"_ _335\"> </span></td><td class=\"t m0 x55a h15 y34fb ff3 fsd fc2 sc0 ls41 ws7c\">exchange </td><td class=\"t m0 x795 h15 y34fb ff3 fsd fc2 sc0 ls57 ws6f\">Int<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>e<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t-<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x5c7 h15 y34fc ff2 fsd fc2 sc0 ls7b ws82\">swaps<span class=\"_ _335\"> </span></td><td class=\"t m0 x572 h15 y34fc ff2 fsd fc2 sc0 ls7b ws1ab\">rate swa<span class=\"_ _9\"></span>ps<span class=\"_ _335\"> </span></td><td class=\"t m0 xa9a h15 y34fc ff3 fsd fc2 sc0 ls75 ws7a\">swaps<span class=\"_ _335\"> </span></td><td class=\"t m0 x573 h15 y34fc ff3 fsd fc2 sc0 ls74 ws1\">rat<span class=\"_ _9\"></span>e sw<span class=\"_ _9\"></span>aps<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24b h15 y34fd ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y34fd ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y34fd ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y34fd ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32c9 w291 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">One year or<span class=\"_ _2\"></span> less, on demand<span class=\"_ _335\"> </span></div></td><td class=\"c n x58d y32c9 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">513<span class=\"_ _335\"> </span></div></td><td class=\"c n x58e y32c9 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">400<span class=\"_ _335\"> </span></div></td><td class=\"c n xcf7 y32c9 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">486<span class=\"_ _335\"> </span></div></td><td class=\"c n x97e y32c9 w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(45)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32ca w28b hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">More th<span class=\"_ _9\"></span>an one ye<span class=\"_ _9\"></span>ar bu<span class=\"_ _9\"></span>t not m<span class=\"_ _9\"></span>ore th<span class=\"_ _9\"></span>an t<span class=\"_ _9\"></span>wo year<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n x2f1 y32ca w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x777 y32ca w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">100<span class=\"_ _335\"> </span></div></td><td class=\"c n xcf8 y32ca w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xcf9 y32ca w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">740<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w28c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">More th<span class=\"_ _9\"></span>an t<span class=\"_ _9\"></span>wo year<span class=\"_ _9\"></span>s bu<span class=\"_ _9\"></span>t not m<span class=\"_ _9\"></span>ore tha<span class=\"_ _9\"></span>n five year<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xcfa y32cb w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xcfb y32cb w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">450<span class=\"_ _335\"> </span></div></td><td class=\"c n xcfc y32cb w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xcfd y32cb w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">150<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w22b hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">More th<span class=\"_ _9\"></span>an five year<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xaae y32cc w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xcfe y32cc w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xcff y32cc w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd00 y32cc w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">300<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n x23a y32cd w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">513<span class=\"_ _335\"> </span></div></td><td class=\"c n xd01 y32cd w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,050<span class=\"_ _335\"> </span></div></td><td class=\"c n xd02 y32cd w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">486<span class=\"_ _335\"> </span></div></td><td class=\"c n xd03 y32cd w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,145<span class=\"_ _335\"> </span></div></td></tr></table>V<span class=\"_ _11\"></span>ALUA<span class=\"_ _1\"></span>TION HIER<span class=\"_ _9\"></span>ARCHY<span class=\"_ _335\"> </span>Der<span class=\"_ _9\"></span>ivati<span class=\"_ _9\"></span>ve financi<span class=\"_ _9\"></span>al ins<span class=\"_ _9\"></span>trum<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s, financi<span class=\"_ _9\"></span>al ass<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s at fair val<span class=\"_ _9\"></span>ue throu<span class=\"_ _9\"></span>gh profi<span class=\"_ _9\"></span>t and los<span class=\"_ _9\"></span>s (<span class=\"_ _11\"></span>o<span class=\"_ _9\"></span>the<span class=\"_ _9\"></span>r inves<span class=\"_ _9\"></span>tmen<span class=\"_ _9\"></span>ts<span class=\"_ _2\"></span>) and the r<span class=\"_ _9\"></span>ede<span class=\"_ _9\"></span>mpti<span class=\"_ _9\"></span>on liabi<span class=\"_ _9\"></span>lit<span class=\"_ _9\"></span>y are th<span class=\"_ _9\"></span>e only fin<span class=\"_ _9\"></span>ancial i<span class=\"_ _9\"></span>ns<span class=\"_ _9\"></span>trume<span class=\"_ _9\"></span>nts w<span class=\"_ _9\"></span>hich a<span class=\"_ _9\"></span>re carri<span class=\"_ _9\"></span>ed a<span class=\"_ _9\"></span>t fair value. For financial in<span class=\"_ _9\"></span>str<span class=\"_ _9\"></span>ume<span class=\"_ _9\"></span>nts o<span class=\"_ _9\"></span>ther th<span class=\"_ _9\"></span>an bo<span class=\"_ _9\"></span>rrowin<span class=\"_ _9\"></span>gs dis<span class=\"_ _9\"></span>clos<span class=\"_ _9\"></span>ed in n<span class=\"_ _9\"></span>ote 21, the carr<span class=\"_ _a\"></span>ying value in the b<span class=\"_ _9\"></span>alan<span class=\"_ _9\"></span>ce sh<span class=\"_ _9\"></span>ee<span class=\"_ _9\"></span>t approx<span class=\"_ _9\"></span>imate<span class=\"_ _9\"></span>s their f<span class=\"_ _9\"></span>air value<span class=\"_ _9\"></span>s. The table b<span class=\"_ _9\"></span>elow s<span class=\"_ _9\"></span>hows th<span class=\"_ _9\"></span>e aggre<span class=\"_ _9\"></span>ga<span class=\"_ _9\"></span>te ass<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s and liab<span class=\"_ _9\"></span>ilitie<span class=\"_ _9\"></span>s carr<span class=\"_ _9\"></span>ied a<span class=\"_ _9\"></span>t fair value by<span class=\"_ _9\"></span> valuation<span class=\"_ _11\"></span> m<span class=\"_ _9\"></span>ethod<span class=\"_ _2\"></span>:<span class=\"_ _335\"> </span><table class=\"s w292 hf4\" id=\"_01d6e3bd-9e1b-4c1d-9bce-fb92903e8b8c\"><tr><td></td><td></td><td></td><td></td><td class=\"c n x5bc y34fe w1c hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x5bd y34fe w1d hb8\"><div class=\"t m0 x239 h15 y320f ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"t m0 xd04 h15 y34ff ff2 fsd fc2 sc0 ls74 ws1\">Level 1<span class=\"_ _335\"> </span></td><td class=\"t m0 xd05 h15 y34ff ff2 fsd fc2 sc0 ls74 ws1\">Level 2<span class=\"_ _335\"> </span></td><td class=\"t m0 xd06 h15 y34ff ff2 fsd fc2 sc0 ls74 ws1\">Level 3<span class=\"_ _335\"> </span></td><td class=\"t m0 x5c6 h15 y34ff ff2 fsd fc2 sc0 lsa4 wsb2\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td><td class=\"t m0 x55f h15 y34ff ff3 fsd fc2 sc0 ls113 ws56\">Level 1<span class=\"_ _335\"> </span></td><td class=\"t m0 x560 h15 y34ff ff3 fsd fc2 sc0 ls113 ws56\">Level 2<span class=\"_ _335\"> </span></td><td class=\"t m0 x561 h15 y34ff ff3 fsd fc2 sc0 ls113 ws56\">Level 3<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y34ff ff3 fsd fc2 sc0 lsa7 ws6c\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x5c8 h15 y3500 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x343 h15 y3500 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x249 h15 y3500 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24a h15 y3500 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24b h15 y3500 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y3500 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y3500 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3500 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32cc w293 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws48\">Asset<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xd07 y32cc w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd08 y32cc w2d hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">31<span class=\"_ _335\"> </span></div></td><td class=\"c n xd09 y32cc w2d hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td><td class=\"c n x65c y32cc w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">41<span class=\"_ _335\"> </span></div></td><td class=\"c n xd0a y32cc w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x3d9 y32cc w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n xd0b y32cc w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">8<span class=\"_ _335\"> </span></div></td><td class=\"c n x5a9 y32cc w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">12<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w294 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws77\">Liabilitie<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xd07 y32cd w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd0c y32cd w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(22)<span class=\"_ _335\"> </span></div></td><td class=\"c n xd0d y32cd w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(18)<span class=\"_ _335\"> </span></div></td><td class=\"c n xd0e y32cd w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(40)<span class=\"_ _335\"> </span></div></td><td class=\"c n xd0f y32cd w5c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd10 y32cd w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(8)<span class=\"_ _335\"> </span></div></td><td class=\"c n xd11 y32cd w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd12 y32cd w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(8)<span class=\"_ _335\"> </span></div></td></tr></table>N<span class=\"_ _9\"></span>o<span class=\"_ _9\"></span>te:<span class=\"_ _335\"> </span>Leve<span class=\"_ _9\"></span>l 1: value<span class=\"_ _9\"></span>d usi<span class=\"_ _9\"></span>ng un<span class=\"_ _9\"></span>adj<span class=\"_ _9\"></span>us<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d quo<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d pr<span class=\"_ _9\"></span>ice<span class=\"_ _9\"></span>s in a<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tiv<span class=\"_ _9\"></span>e mar<span class=\"_ _9\"></span>ket<span class=\"_ _9\"></span>s for i<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>nti<span class=\"_ _9\"></span>cal fin<span class=\"_ _9\"></span>an<span class=\"_ _9\"></span>cia<span class=\"_ _9\"></span>l ins<span class=\"_ _9\"></span>tr<span class=\"_ _9\"></span>um<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s.<span class=\"_ _335\"> </span>Leve<span class=\"_ _9\"></span>l 2: valued u<span class=\"_ _9\"></span>sin<span class=\"_ _9\"></span>g te<span class=\"_ _9\"></span>chn<span class=\"_ _9\"></span>iqu<span class=\"_ _9\"></span>es b<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>ed o<span class=\"_ _9\"></span>n info<span class=\"_ _9\"></span>rm<span class=\"_ _9\"></span>ati<span class=\"_ _9\"></span>on th<span class=\"_ _9\"></span>at c<span class=\"_ _9\"></span>an b<span class=\"_ _9\"></span>e ob<span class=\"_ _9\"></span>tain<span class=\"_ _9\"></span>ed f<span class=\"_ _9\"></span>rom o<span class=\"_ _9\"></span>bs<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>v<span class=\"_ _9\"></span>abl<span class=\"_ _9\"></span>e mar<span class=\"_ _9\"></span>ket d<span class=\"_ _9\"></span>ata.<span class=\"_ _335\"> </span>Level<span class=\"_ _2\"></span> 3<span class=\"_ _11\"></span>: valued<span class=\"_ _2\"></span> using<span class=\"_ _2\"></span> techniques<span class=\"_ _2\"></span> incorporating<span class=\"_ _11\"></span> information other<span class=\"_ _11\"></span> than observable mark<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>t data<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>The fair val<span class=\"_ _9\"></span>ue of the a<span class=\"_ _9\"></span>mount<span class=\"_ _9\"></span>s pa<span class=\"_ _9\"></span>yable u<span class=\"_ _9\"></span>nder th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s le<span class=\"_ _9\"></span>ase o<span class=\"_ _9\"></span>blig<span class=\"_ _9\"></span>ation<span class=\"_ _9\"></span>s, using a di<span class=\"_ _9\"></span>scoun<span class=\"_ _9\"></span>t rate of <span class=\"ff2 ls126 ws15c\">3<span class=\"_ _9\"></span>.<span class=\"_ _9\"></span>6%<span class=\"_ _a\"></span></span> (2025: 3<span class=\"_ _11\"></span>.4%<span class=\"_ _1\"></span>)<span class=\"_ _11\"></span>, is <span class=\"ff2 ls50 ws119\">\u00a3<span class=\"_ _9\"></span>20<span class=\"_ _9\"></span>4m</span> (<span class=\"_ _9\"></span>2025: \u00a3232m<span class=\"_ _11\"></span>)<span class=\"_ _11\"></span>.<span class=\"_ _9\"></span> The fair val<span class=\"_ _9\"></span>ue of the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _2\"></span>s net inve<span class=\"_ _9\"></span>stm<span class=\"_ _9\"></span>ent in te<span class=\"_ _9\"></span>nant finan<span class=\"_ _9\"></span>ce le<span class=\"_ _9\"></span>ase<span class=\"_ _9\"></span>s, calcul<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>d by the Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s ex<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>rnal valu<span class=\"_ _9\"></span>er by app<span class=\"_ _9\"></span>lyin<span class=\"_ _9\"></span>g a weighte<span class=\"_ _9\"></span>d ave<span class=\"_ _9\"></span>rage<span class=\"_ _9\"></span> equivalent<span class=\"_ _2\"></span> yield of <span class=\"ff2 ls12c ws160\">8.0%</span><span class=\"ls22 ws1\"> (<span class=\"_ _9\"></span>2025: 8<span class=\"_ _11\"></span>.8%<span class=\"_ _1\"></span>)<span class=\"_ _11\"></span>, i<span class=\"_ _9\"></span>s <span class=\"ff2 ls120 ws156\">\u00a313<span class=\"_ _9\"></span>m<span class=\"_ _9\"></span></span> (2025: \u00a3<span class=\"_ _2\"></span>12m<span class=\"_ _11\"></span>)<span class=\"_ _1\"></span>.<span class=\"_ _335\"> </span></span>The fair val<span class=\"_ _9\"></span>ues of a<span class=\"_ _9\"></span>ny floatin<span class=\"_ _9\"></span>g rate finan<span class=\"_ _9\"></span>cial lia<span class=\"_ _9\"></span>biliti<span class=\"_ _9\"></span>es are as<span class=\"_ _9\"></span>sume<span class=\"_ _9\"></span>d to be e<span class=\"_ _9\"></span>qual to th<span class=\"_ _9\"></span>eir no<span class=\"_ _9\"></span>minal valu<span class=\"_ _9\"></span>e. The fair value<span class=\"_ _9\"></span>s of the MTNs fal<span class=\"_ _9\"></span>l within<span class=\"_ _9\"></span> Level 1 of th<span class=\"_ _9\"></span>e fair value h<span class=\"_ _9\"></span>ierarc<span class=\"_ _9\"></span>hy<span class=\"_ _11\"></span>, the sy<span class=\"_ _9\"></span>ndica<span class=\"_ _9\"></span>ted an<span class=\"_ _9\"></span>d bila<span class=\"_ _9\"></span>teral fa<span class=\"_ _9\"></span>ciliti<span class=\"_ _9\"></span>es, com<span class=\"_ _9\"></span>merc<span class=\"_ _9\"></span>ial pa<span class=\"_ _9\"></span>per<span class=\"_ _11\"></span>, inte<span class=\"_ _9\"></span>res<span class=\"_ _9\"></span>t-rate s<span class=\"_ _9\"></span>waps and f<span class=\"_ _9\"></span>orei<span class=\"_ _9\"></span>gn exchan<span class=\"_ _9\"></span>ge swa<span class=\"_ _9\"></span>ps fall wi<span class=\"_ _9\"></span>thin Level 2, and th<span class=\"_ _9\"></span>e amo<span class=\"_ _9\"></span>unts p<span class=\"_ _9\"></span>ayab<span class=\"_ _9\"></span>le and re<span class=\"_ _9\"></span>cei<span class=\"_ _9\"></span>vabl<span class=\"_ _9\"></span>e under l<span class=\"_ _9\"></span>ea<span class=\"_ _9\"></span>ses fall w<span class=\"_ _9\"></span>ithin L<span class=\"_ _9\"></span>evel 3. The fair val<span class=\"_ _9\"></span>ues of th<span class=\"_ _9\"></span>e financ<span class=\"_ _9\"></span>ial ins<span class=\"_ _9\"></span>trum<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s ha<span class=\"_ _9\"></span>ve be<span class=\"_ _9\"></span>en de<span class=\"_ _9\"></span>termin<span class=\"_ _9\"></span>ed by re<span class=\"_ _9\"></span>fere<span class=\"_ _9\"></span>nce to re<span class=\"_ _9\"></span>levant mar<span class=\"_ _9\"></span>ket pric<span class=\"_ _9\"></span>es, wh<span class=\"_ _9\"></span>ere a<span class=\"_ _9\"></span>vailabl<span class=\"_ _9\"></span>e. The fair value<span class=\"_ _9\"></span>s of the<span class=\"_ _9\"></span> Group\u2019<span class=\"_ _2\"></span>s out<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>tanding i<span class=\"_ _9\"></span>ntere<span class=\"_ _9\"></span>st-rate s<span class=\"_ _9\"></span>waps h<span class=\"_ _9\"></span>ave be<span class=\"_ _9\"></span>en e<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>timate<span class=\"_ _9\"></span>d by calc<span class=\"_ _9\"></span>ulatin<span class=\"_ _9\"></span>g the pr<span class=\"_ _9\"></span>ese<span class=\"_ _9\"></span>nt value of f<span class=\"_ _9\"></span>uture c<span class=\"_ _9\"></span>ash flow<span class=\"_ _9\"></span>s, using app<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>riate m<span class=\"_ _9\"></span>arket disco<span class=\"_ _9\"></span>unt rate<span class=\"_ _9\"></span>s. Thes<span class=\"_ _9\"></span>e valuati<span class=\"_ _9\"></span>on tec<span class=\"_ _9\"></span>hniqu<span class=\"_ _9\"></span>es fall w<span class=\"_ _9\"></span>ithin L<span class=\"_ _9\"></span>evel 2.<span class=\"_ _335\"> </span>The fair val<span class=\"_ _9\"></span>ue of the r<span class=\"_ _9\"></span>ede<span class=\"_ _9\"></span>mpti<span class=\"_ _9\"></span>on liab<span class=\"_ _9\"></span>ilit<span class=\"_ _9\"></span>y is th<span class=\"_ _9\"></span>e pre<span class=\"_ _9\"></span>sent val<span class=\"_ _9\"></span>ue of the a<span class=\"_ _9\"></span>mount th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up would b<span class=\"_ _9\"></span>e re<span class=\"_ _9\"></span>quire<span class=\"_ _9\"></span>d to pay to s<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>tle th<span class=\"_ _9\"></span>e liabi<span class=\"_ _9\"></span>lit<span class=\"_ _9\"></span>y (<span class=\"_ _2\"></span>an<span class=\"_ gsd2\"> </span>exit<span class=\"_ _9\"></span> pric<span class=\"_ _9\"></span>e<span class=\"_ _11\"></span>)<span class=\"_ _11\"></span>. More<span class=\"_ _9\"></span>over<span class=\"_ _11\"></span>, b<span class=\"_ _9\"></span>oth th<span class=\"_ _9\"></span>e fair value<span class=\"_ _9\"></span>s of the o<span class=\"_ _9\"></span>the<span class=\"_ _9\"></span>r inves<span class=\"_ _9\"></span>tment<span class=\"_ _9\"></span>s and th<span class=\"_ _9\"></span>e red<span class=\"_ _9\"></span>emp<span class=\"_ _9\"></span>tion li<span class=\"_ _9\"></span>abilit<span class=\"_ _9\"></span>y a<span class=\"_ _9\"></span>re calc<span class=\"_ _9\"></span>ulate<span class=\"_ _9\"></span>d by refe<span class=\"_ _9\"></span>renc<span class=\"_ _9\"></span>e to the ne<span class=\"_ _9\"></span>t as<span class=\"_ _9\"></span>set<span class=\"_ _9\"></span>s of th<span class=\"_ _9\"></span>eir resp<span class=\"_ _9\"></span>ec<span class=\"_ _a\"></span>tive under<span class=\"_ _9\"></span>lyin<span class=\"_ _9\"></span>g enti<span class=\"_ _9\"></span>ties. The valu<span class=\"_ _9\"></span>atio<span class=\"_ _9\"></span>ns are no<span class=\"_ _9\"></span>t ba<span class=\"_ _9\"></span>sed o<span class=\"_ _9\"></span>n obs<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>vab<span class=\"_ _9\"></span>le market d<span class=\"_ _9\"></span>ata an<span class=\"_ _9\"></span>d there<span class=\"_ _9\"></span>fore ar<span class=\"_ _9\"></span>e cons<span class=\"_ _9\"></span>ider<span class=\"_ _9\"></span>ed to fall w<span class=\"_ _9\"></span>ithin Leve<span class=\"_ _9\"></span>l 3.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfMarketRiskExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-439": {
   "value": "V<span class=\"_ _11\"></span>ALUA<span class=\"_ _1\"></span>TION HIER<span class=\"_ _9\"></span>ARCHY<span class=\"_ _335\"> </span>Der<span class=\"_ _9\"></span>ivati<span class=\"_ _9\"></span>ve financi<span class=\"_ _9\"></span>al ins<span class=\"_ _9\"></span>trum<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s, financi<span class=\"_ _9\"></span>al ass<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s at fair val<span class=\"_ _9\"></span>ue throu<span class=\"_ _9\"></span>gh profi<span class=\"_ _9\"></span>t and los<span class=\"_ _9\"></span>s (<span class=\"_ _11\"></span>o<span class=\"_ _9\"></span>the<span class=\"_ _9\"></span>r inves<span class=\"_ _9\"></span>tmen<span class=\"_ _9\"></span>ts<span class=\"_ _2\"></span>) and the r<span class=\"_ _9\"></span>ede<span class=\"_ _9\"></span>mpti<span class=\"_ _9\"></span>on liabi<span class=\"_ _9\"></span>lit<span class=\"_ _9\"></span>y are th<span class=\"_ _9\"></span>e only fin<span class=\"_ _9\"></span>ancial i<span class=\"_ _9\"></span>ns<span class=\"_ _9\"></span>trume<span class=\"_ _9\"></span>nts w<span class=\"_ _9\"></span>hich a<span class=\"_ _9\"></span>re carri<span class=\"_ _9\"></span>ed a<span class=\"_ _9\"></span>t fair value. For financial in<span class=\"_ _9\"></span>str<span class=\"_ _9\"></span>ume<span class=\"_ _9\"></span>nts o<span class=\"_ _9\"></span>ther th<span class=\"_ _9\"></span>an bo<span class=\"_ _9\"></span>rrowin<span class=\"_ _9\"></span>gs dis<span class=\"_ _9\"></span>clos<span class=\"_ _9\"></span>ed in n<span class=\"_ _9\"></span>ote 21, the carr<span class=\"_ _a\"></span>ying value in the b<span class=\"_ _9\"></span>alan<span class=\"_ _9\"></span>ce sh<span class=\"_ _9\"></span>ee<span class=\"_ _9\"></span>t approx<span class=\"_ _9\"></span>imate<span class=\"_ _9\"></span>s their f<span class=\"_ _9\"></span>air value<span class=\"_ _9\"></span>s. The table b<span class=\"_ _9\"></span>elow s<span class=\"_ _9\"></span>hows th<span class=\"_ _9\"></span>e aggre<span class=\"_ _9\"></span>ga<span class=\"_ _9\"></span>te ass<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s and liab<span class=\"_ _9\"></span>ilitie<span class=\"_ _9\"></span>s carr<span class=\"_ _9\"></span>ied a<span class=\"_ _9\"></span>t fair value by<span class=\"_ _9\"></span> valuation<span class=\"_ _11\"></span> m<span class=\"_ _9\"></span>ethod<span class=\"_ _2\"></span>:<span class=\"_ _335\"> </span><table class=\"s w292 hf4\" id=\"_01d6e3bd-9e1b-4c1d-9bce-fb92903e8b8c\"><tr><td></td><td></td><td></td><td></td><td class=\"c n x5bc y34fe w1c hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x5bd y34fe w1d hb8\"><div class=\"t m0 x239 h15 y320f ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"t m0 xd04 h15 y34ff ff2 fsd fc2 sc0 ls74 ws1\">Level 1<span class=\"_ _335\"> </span></td><td class=\"t m0 xd05 h15 y34ff ff2 fsd fc2 sc0 ls74 ws1\">Level 2<span class=\"_ _335\"> </span></td><td class=\"t m0 xd06 h15 y34ff ff2 fsd fc2 sc0 ls74 ws1\">Level 3<span class=\"_ _335\"> </span></td><td class=\"t m0 x5c6 h15 y34ff ff2 fsd fc2 sc0 lsa4 wsb2\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td><td class=\"t m0 x55f h15 y34ff ff3 fsd fc2 sc0 ls113 ws56\">Level 1<span class=\"_ _335\"> </span></td><td class=\"t m0 x560 h15 y34ff ff3 fsd fc2 sc0 ls113 ws56\">Level 2<span class=\"_ _335\"> </span></td><td class=\"t m0 x561 h15 y34ff ff3 fsd fc2 sc0 ls113 ws56\">Level 3<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y34ff ff3 fsd fc2 sc0 lsa7 ws6c\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x5c8 h15 y3500 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x343 h15 y3500 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x249 h15 y3500 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24a h15 y3500 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24b h15 y3500 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y3500 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y3500 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3500 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32cc w293 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws48\">Asset<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xd07 y32cc w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd08 y32cc w2d hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">31<span class=\"_ _335\"> </span></div></td><td class=\"c n xd09 y32cc w2d hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td><td class=\"c n x65c y32cc w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">41<span class=\"_ _335\"> </span></div></td><td class=\"c n xd0a y32cc w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x3d9 y32cc w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n xd0b y32cc w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">8<span class=\"_ _335\"> </span></div></td><td class=\"c n x5a9 y32cc w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">12<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w294 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws77\">Liabilitie<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xd07 y32cd w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd0c y32cd w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(22)<span class=\"_ _335\"> </span></div></td><td class=\"c n xd0d y32cd w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(18)<span class=\"_ _335\"> </span></div></td><td class=\"c n xd0e y32cd w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(40)<span class=\"_ _335\"> </span></div></td><td class=\"c n xd0f y32cd w5c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd10 y32cd w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(8)<span class=\"_ _335\"> </span></div></td><td class=\"c n xd11 y32cd w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd12 y32cd w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(8)<span class=\"_ _335\"> </span></div></td></tr></table>N<span class=\"_ _9\"></span>o<span class=\"_ _9\"></span>te:<span class=\"_ _335\"> </span>Leve<span class=\"_ _9\"></span>l 1: value<span class=\"_ _9\"></span>d usi<span class=\"_ _9\"></span>ng un<span class=\"_ _9\"></span>adj<span class=\"_ _9\"></span>us<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d quo<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d pr<span class=\"_ _9\"></span>ice<span class=\"_ _9\"></span>s in a<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tiv<span class=\"_ _9\"></span>e mar<span class=\"_ _9\"></span>ket<span class=\"_ _9\"></span>s for i<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>nti<span class=\"_ _9\"></span>cal fin<span class=\"_ _9\"></span>an<span class=\"_ _9\"></span>cia<span class=\"_ _9\"></span>l ins<span class=\"_ _9\"></span>tr<span class=\"_ _9\"></span>um<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s.<span class=\"_ _335\"> </span>Leve<span class=\"_ _9\"></span>l 2: valued u<span class=\"_ _9\"></span>sin<span class=\"_ _9\"></span>g te<span class=\"_ _9\"></span>chn<span class=\"_ _9\"></span>iqu<span class=\"_ _9\"></span>es b<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>ed o<span class=\"_ _9\"></span>n info<span class=\"_ _9\"></span>rm<span class=\"_ _9\"></span>ati<span class=\"_ _9\"></span>on th<span class=\"_ _9\"></span>at c<span class=\"_ _9\"></span>an b<span class=\"_ _9\"></span>e ob<span class=\"_ _9\"></span>tain<span class=\"_ _9\"></span>ed f<span class=\"_ _9\"></span>rom o<span class=\"_ _9\"></span>bs<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>v<span class=\"_ _9\"></span>abl<span class=\"_ _9\"></span>e mar<span class=\"_ _9\"></span>ket d<span class=\"_ _9\"></span>ata.<span class=\"_ _335\"> </span>Level<span class=\"_ _2\"></span> 3<span class=\"_ _11\"></span>: valued<span class=\"_ _2\"></span> using<span class=\"_ _2\"></span> techniques<span class=\"_ _2\"></span> incorporating<span class=\"_ _11\"></span> information other<span class=\"_ _11\"></span> than observable mark<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>t data<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>The fair val<span class=\"_ _9\"></span>ue of the a<span class=\"_ _9\"></span>mount<span class=\"_ _9\"></span>s pa<span class=\"_ _9\"></span>yable u<span class=\"_ _9\"></span>nder th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s le<span class=\"_ _9\"></span>ase o<span class=\"_ _9\"></span>blig<span class=\"_ _9\"></span>ation<span class=\"_ _9\"></span>s, using a di<span class=\"_ _9\"></span>scoun<span class=\"_ _9\"></span>t rate of <span class=\"ff2 ls126 ws15c\">3<span class=\"_ _9\"></span>.<span class=\"_ _9\"></span>6%<span class=\"_ _a\"></span></span> (2025: 3<span class=\"_ _11\"></span>.4%<span class=\"_ _1\"></span>)<span class=\"_ _11\"></span>, is <span class=\"ff2 ls50 ws119\">\u00a3<span class=\"_ _9\"></span>20<span class=\"_ _9\"></span>4m</span> (<span class=\"_ _9\"></span>2025: \u00a3232m<span class=\"_ _11\"></span>)<span class=\"_ _11\"></span>.<span class=\"_ _9\"></span> The fair val<span class=\"_ _9\"></span>ue of the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _2\"></span>s net inve<span class=\"_ _9\"></span>stm<span class=\"_ _9\"></span>ent in te<span class=\"_ _9\"></span>nant finan<span class=\"_ _9\"></span>ce le<span class=\"_ _9\"></span>ase<span class=\"_ _9\"></span>s, calcul<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>d by the Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s ex<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>rnal valu<span class=\"_ _9\"></span>er by app<span class=\"_ _9\"></span>lyin<span class=\"_ _9\"></span>g a weighte<span class=\"_ _9\"></span>d ave<span class=\"_ _9\"></span>rage<span class=\"_ _9\"></span> equivalent<span class=\"_ _2\"></span> yield of <span class=\"ff2 ls12c ws160\">8.0%</span><span class=\"ls22 ws1\"> (<span class=\"_ _9\"></span>2025: 8<span class=\"_ _11\"></span>.8%<span class=\"_ _1\"></span>)<span class=\"_ _11\"></span>, i<span class=\"_ _9\"></span>s <span class=\"ff2 ls120 ws156\">\u00a313<span class=\"_ _9\"></span>m<span class=\"_ _9\"></span></span> (2025: \u00a3<span class=\"_ _2\"></span>12m<span class=\"_ _11\"></span>)<span class=\"_ _1\"></span>.<span class=\"_ _335\"> </span></span>The fair val<span class=\"_ _9\"></span>ues of a<span class=\"_ _9\"></span>ny floatin<span class=\"_ _9\"></span>g rate finan<span class=\"_ _9\"></span>cial lia<span class=\"_ _9\"></span>biliti<span class=\"_ _9\"></span>es are as<span class=\"_ _9\"></span>sume<span class=\"_ _9\"></span>d to be e<span class=\"_ _9\"></span>qual to th<span class=\"_ _9\"></span>eir no<span class=\"_ _9\"></span>minal valu<span class=\"_ _9\"></span>e. The fair value<span class=\"_ _9\"></span>s of the MTNs fal<span class=\"_ _9\"></span>l within<span class=\"_ _9\"></span> Level 1 of th<span class=\"_ _9\"></span>e fair value h<span class=\"_ _9\"></span>ierarc<span class=\"_ _9\"></span>hy<span class=\"_ _11\"></span>, the sy<span class=\"_ _9\"></span>ndica<span class=\"_ _9\"></span>ted an<span class=\"_ _9\"></span>d bila<span class=\"_ _9\"></span>teral fa<span class=\"_ _9\"></span>ciliti<span class=\"_ _9\"></span>es, com<span class=\"_ _9\"></span>merc<span class=\"_ _9\"></span>ial pa<span class=\"_ _9\"></span>per<span class=\"_ _11\"></span>, inte<span class=\"_ _9\"></span>res<span class=\"_ _9\"></span>t-rate s<span class=\"_ _9\"></span>waps and f<span class=\"_ _9\"></span>orei<span class=\"_ _9\"></span>gn exchan<span class=\"_ _9\"></span>ge swa<span class=\"_ _9\"></span>ps fall wi<span class=\"_ _9\"></span>thin Level 2, and th<span class=\"_ _9\"></span>e amo<span class=\"_ _9\"></span>unts p<span class=\"_ _9\"></span>ayab<span class=\"_ _9\"></span>le and re<span class=\"_ _9\"></span>cei<span class=\"_ _9\"></span>vabl<span class=\"_ _9\"></span>e under l<span class=\"_ _9\"></span>ea<span class=\"_ _9\"></span>ses fall w<span class=\"_ _9\"></span>ithin L<span class=\"_ _9\"></span>evel 3. The fair val<span class=\"_ _9\"></span>ues of th<span class=\"_ _9\"></span>e financ<span class=\"_ _9\"></span>ial ins<span class=\"_ _9\"></span>trum<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s ha<span class=\"_ _9\"></span>ve be<span class=\"_ _9\"></span>en de<span class=\"_ _9\"></span>termin<span class=\"_ _9\"></span>ed by re<span class=\"_ _9\"></span>fere<span class=\"_ _9\"></span>nce to re<span class=\"_ _9\"></span>levant mar<span class=\"_ _9\"></span>ket pric<span class=\"_ _9\"></span>es, wh<span class=\"_ _9\"></span>ere a<span class=\"_ _9\"></span>vailabl<span class=\"_ _9\"></span>e. The fair value<span class=\"_ _9\"></span>s of the<span class=\"_ _9\"></span> Group\u2019<span class=\"_ _2\"></span>s out<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>tanding i<span class=\"_ _9\"></span>ntere<span class=\"_ _9\"></span>st-rate s<span class=\"_ _9\"></span>waps h<span class=\"_ _9\"></span>ave be<span class=\"_ _9\"></span>en e<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>timate<span class=\"_ _9\"></span>d by calc<span class=\"_ _9\"></span>ulatin<span class=\"_ _9\"></span>g the pr<span class=\"_ _9\"></span>ese<span class=\"_ _9\"></span>nt value of f<span class=\"_ _9\"></span>uture c<span class=\"_ _9\"></span>ash flow<span class=\"_ _9\"></span>s, using app<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>riate m<span class=\"_ _9\"></span>arket disco<span class=\"_ _9\"></span>unt rate<span class=\"_ _9\"></span>s. Thes<span class=\"_ _9\"></span>e valuati<span class=\"_ _9\"></span>on tec<span class=\"_ _9\"></span>hniqu<span class=\"_ _9\"></span>es fall w<span class=\"_ _9\"></span>ithin L<span class=\"_ _9\"></span>evel 2.<span class=\"_ _335\"> </span>The fair val<span class=\"_ _9\"></span>ue of the r<span class=\"_ _9\"></span>ede<span class=\"_ _9\"></span>mpti<span class=\"_ _9\"></span>on liab<span class=\"_ _9\"></span>ilit<span class=\"_ _9\"></span>y is th<span class=\"_ _9\"></span>e pre<span class=\"_ _9\"></span>sent val<span class=\"_ _9\"></span>ue of the a<span class=\"_ _9\"></span>mount th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up would b<span class=\"_ _9\"></span>e re<span class=\"_ _9\"></span>quire<span class=\"_ _9\"></span>d to pay to s<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>tle th<span class=\"_ _9\"></span>e liabi<span class=\"_ _9\"></span>lit<span class=\"_ _9\"></span>y (<span class=\"_ _2\"></span>an<span class=\"_ gsd2\"> </span>exit<span class=\"_ _9\"></span> pric<span class=\"_ _9\"></span>e<span class=\"_ _11\"></span>)<span class=\"_ _11\"></span>. More<span class=\"_ _9\"></span>over<span class=\"_ _11\"></span>, b<span class=\"_ _9\"></span>oth th<span class=\"_ _9\"></span>e fair value<span class=\"_ _9\"></span>s of the o<span class=\"_ _9\"></span>the<span class=\"_ _9\"></span>r inves<span class=\"_ _9\"></span>tment<span class=\"_ _9\"></span>s and th<span class=\"_ _9\"></span>e red<span class=\"_ _9\"></span>emp<span class=\"_ _9\"></span>tion li<span class=\"_ _9\"></span>abilit<span class=\"_ _9\"></span>y a<span class=\"_ _9\"></span>re calc<span class=\"_ _9\"></span>ulate<span class=\"_ _9\"></span>d by refe<span class=\"_ _9\"></span>renc<span class=\"_ _9\"></span>e to the ne<span class=\"_ _9\"></span>t as<span class=\"_ _9\"></span>set<span class=\"_ _9\"></span>s of th<span class=\"_ _9\"></span>eir resp<span class=\"_ _9\"></span>ec<span class=\"_ _a\"></span>tive under<span class=\"_ _9\"></span>lyin<span class=\"_ _9\"></span>g enti<span class=\"_ _9\"></span>ties. The valu<span class=\"_ _9\"></span>atio<span class=\"_ _9\"></span>ns are no<span class=\"_ _9\"></span>t ba<span class=\"_ _9\"></span>sed o<span class=\"_ _9\"></span>n obs<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>vab<span class=\"_ _9\"></span>le market d<span class=\"_ _9\"></span>ata an<span class=\"_ _9\"></span>d there<span class=\"_ _9\"></span>fore ar<span class=\"_ _9\"></span>e cons<span class=\"_ _9\"></span>ider<span class=\"_ _9\"></span>ed to fall w<span class=\"_ _9\"></span>ithin Leve<span class=\"_ _9\"></span>l 3.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFairValueOfFinancialInstrumentsExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-435": {
   "value": "V<span class=\"_ _11\"></span>ALUA<span class=\"_ _1\"></span>TION HIER<span class=\"_ _9\"></span>ARCHY<span class=\"_ _335\"> </span>Der<span class=\"_ _9\"></span>ivati<span class=\"_ _9\"></span>ve financi<span class=\"_ _9\"></span>al ins<span class=\"_ _9\"></span>trum<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s, financi<span class=\"_ _9\"></span>al ass<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s at fair val<span class=\"_ _9\"></span>ue throu<span class=\"_ _9\"></span>gh profi<span class=\"_ _9\"></span>t and los<span class=\"_ _9\"></span>s (<span class=\"_ _11\"></span>o<span class=\"_ _9\"></span>the<span class=\"_ _9\"></span>r inves<span class=\"_ _9\"></span>tmen<span class=\"_ _9\"></span>ts<span class=\"_ _2\"></span>) and the r<span class=\"_ _9\"></span>ede<span class=\"_ _9\"></span>mpti<span class=\"_ _9\"></span>on liabi<span class=\"_ _9\"></span>lit<span class=\"_ _9\"></span>y are th<span class=\"_ _9\"></span>e only fin<span class=\"_ _9\"></span>ancial i<span class=\"_ _9\"></span>ns<span class=\"_ _9\"></span>trume<span class=\"_ _9\"></span>nts w<span class=\"_ _9\"></span>hich a<span class=\"_ _9\"></span>re carri<span class=\"_ _9\"></span>ed a<span class=\"_ _9\"></span>t fair value. For financial in<span class=\"_ _9\"></span>str<span class=\"_ _9\"></span>ume<span class=\"_ _9\"></span>nts o<span class=\"_ _9\"></span>ther th<span class=\"_ _9\"></span>an bo<span class=\"_ _9\"></span>rrowin<span class=\"_ _9\"></span>gs dis<span class=\"_ _9\"></span>clos<span class=\"_ _9\"></span>ed in n<span class=\"_ _9\"></span>ote 21, the carr<span class=\"_ _a\"></span>ying value in the b<span class=\"_ _9\"></span>alan<span class=\"_ _9\"></span>ce sh<span class=\"_ _9\"></span>ee<span class=\"_ _9\"></span>t approx<span class=\"_ _9\"></span>imate<span class=\"_ _9\"></span>s their f<span class=\"_ _9\"></span>air value<span class=\"_ _9\"></span>s. The table b<span class=\"_ _9\"></span>elow s<span class=\"_ _9\"></span>hows th<span class=\"_ _9\"></span>e aggre<span class=\"_ _9\"></span>ga<span class=\"_ _9\"></span>te ass<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s and liab<span class=\"_ _9\"></span>ilitie<span class=\"_ _9\"></span>s carr<span class=\"_ _9\"></span>ied a<span class=\"_ _9\"></span>t fair value by<span class=\"_ _9\"></span> valuation<span class=\"_ _11\"></span> m<span class=\"_ _9\"></span>ethod<span class=\"_ _2\"></span>:<span class=\"_ _335\"> </span><table class=\"s w292 hf4\" id=\"_01d6e3bd-9e1b-4c1d-9bce-fb92903e8b8c\"><tr><td></td><td></td><td></td><td></td><td class=\"c n x5bc y34fe w1c hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x5bd y34fe w1d hb8\"><div class=\"t m0 x239 h15 y320f ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"t m0 xd04 h15 y34ff ff2 fsd fc2 sc0 ls74 ws1\">Level 1<span class=\"_ _335\"> </span></td><td class=\"t m0 xd05 h15 y34ff ff2 fsd fc2 sc0 ls74 ws1\">Level 2<span class=\"_ _335\"> </span></td><td class=\"t m0 xd06 h15 y34ff ff2 fsd fc2 sc0 ls74 ws1\">Level 3<span class=\"_ _335\"> </span></td><td class=\"t m0 x5c6 h15 y34ff ff2 fsd fc2 sc0 lsa4 wsb2\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td><td class=\"t m0 x55f h15 y34ff ff3 fsd fc2 sc0 ls113 ws56\">Level 1<span class=\"_ _335\"> </span></td><td class=\"t m0 x560 h15 y34ff ff3 fsd fc2 sc0 ls113 ws56\">Level 2<span class=\"_ _335\"> </span></td><td class=\"t m0 x561 h15 y34ff ff3 fsd fc2 sc0 ls113 ws56\">Level 3<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y34ff ff3 fsd fc2 sc0 lsa7 ws6c\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x5c8 h15 y3500 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x343 h15 y3500 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x249 h15 y3500 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24a h15 y3500 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24b h15 y3500 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y3500 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y3500 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3500 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32cc w293 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws48\">Asset<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xd07 y32cc w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd08 y32cc w2d hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">31<span class=\"_ _335\"> </span></div></td><td class=\"c n xd09 y32cc w2d hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td><td class=\"c n x65c y32cc w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">41<span class=\"_ _335\"> </span></div></td><td class=\"c n xd0a y32cc w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x3d9 y32cc w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n xd0b y32cc w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">8<span class=\"_ _335\"> </span></div></td><td class=\"c n x5a9 y32cc w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">12<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w294 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws77\">Liabilitie<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xd07 y32cd w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd0c y32cd w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(22)<span class=\"_ _335\"> </span></div></td><td class=\"c n xd0d y32cd w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(18)<span class=\"_ _335\"> </span></div></td><td class=\"c n xd0e y32cd w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(40)<span class=\"_ _335\"> </span></div></td><td class=\"c n xd0f y32cd w5c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd10 y32cd w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(8)<span class=\"_ _335\"> </span></div></td><td class=\"c n xd11 y32cd w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd12 y32cd w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(8)<span class=\"_ _335\"> </span></div></td></tr></table>N<span class=\"_ _9\"></span>o<span class=\"_ _9\"></span>te:<span class=\"_ _335\"> </span>Leve<span class=\"_ _9\"></span>l 1: value<span class=\"_ _9\"></span>d usi<span class=\"_ _9\"></span>ng un<span class=\"_ _9\"></span>adj<span class=\"_ _9\"></span>us<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d quo<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d pr<span class=\"_ _9\"></span>ice<span class=\"_ _9\"></span>s in a<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tiv<span class=\"_ _9\"></span>e mar<span class=\"_ _9\"></span>ket<span class=\"_ _9\"></span>s for i<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>nti<span class=\"_ _9\"></span>cal fin<span class=\"_ _9\"></span>an<span class=\"_ _9\"></span>cia<span class=\"_ _9\"></span>l ins<span class=\"_ _9\"></span>tr<span class=\"_ _9\"></span>um<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s.<span class=\"_ _335\"> </span>Leve<span class=\"_ _9\"></span>l 2: valued u<span class=\"_ _9\"></span>sin<span class=\"_ _9\"></span>g te<span class=\"_ _9\"></span>chn<span class=\"_ _9\"></span>iqu<span class=\"_ _9\"></span>es b<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>ed o<span class=\"_ _9\"></span>n info<span class=\"_ _9\"></span>rm<span class=\"_ _9\"></span>ati<span class=\"_ _9\"></span>on th<span class=\"_ _9\"></span>at c<span class=\"_ _9\"></span>an b<span class=\"_ _9\"></span>e ob<span class=\"_ _9\"></span>tain<span class=\"_ _9\"></span>ed f<span class=\"_ _9\"></span>rom o<span class=\"_ _9\"></span>bs<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>v<span class=\"_ _9\"></span>abl<span class=\"_ _9\"></span>e mar<span class=\"_ _9\"></span>ket d<span class=\"_ _9\"></span>ata.<span class=\"_ _335\"> </span>Level<span class=\"_ _2\"></span> 3<span class=\"_ _11\"></span>: valued<span class=\"_ _2\"></span> using<span class=\"_ _2\"></span> techniques<span class=\"_ _2\"></span> incorporating<span class=\"_ _11\"></span> information other<span class=\"_ _11\"></span> than observable mark<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>t data<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>The fair val<span class=\"_ _9\"></span>ue of the a<span class=\"_ _9\"></span>mount<span class=\"_ _9\"></span>s pa<span class=\"_ _9\"></span>yable u<span class=\"_ _9\"></span>nder th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s le<span class=\"_ _9\"></span>ase o<span class=\"_ _9\"></span>blig<span class=\"_ _9\"></span>ation<span class=\"_ _9\"></span>s, using a di<span class=\"_ _9\"></span>scoun<span class=\"_ _9\"></span>t rate of <span class=\"ff2 ls126 ws15c\">3<span class=\"_ _9\"></span>.<span class=\"_ _9\"></span>6%<span class=\"_ _a\"></span></span> (2025: 3<span class=\"_ _11\"></span>.4%<span class=\"_ _1\"></span>)<span class=\"_ _11\"></span>, is <span class=\"ff2 ls50 ws119\">\u00a3<span class=\"_ _9\"></span>20<span class=\"_ _9\"></span>4m</span> (<span class=\"_ _9\"></span>2025: \u00a3232m<span class=\"_ _11\"></span>)<span class=\"_ _11\"></span>.<span class=\"_ _9\"></span> The fair val<span class=\"_ _9\"></span>ue of the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _2\"></span>s net inve<span class=\"_ _9\"></span>stm<span class=\"_ _9\"></span>ent in te<span class=\"_ _9\"></span>nant finan<span class=\"_ _9\"></span>ce le<span class=\"_ _9\"></span>ase<span class=\"_ _9\"></span>s, calcul<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>d by the Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s ex<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>rnal valu<span class=\"_ _9\"></span>er by app<span class=\"_ _9\"></span>lyin<span class=\"_ _9\"></span>g a weighte<span class=\"_ _9\"></span>d ave<span class=\"_ _9\"></span>rage<span class=\"_ _9\"></span> equivalent<span class=\"_ _2\"></span> yield of <span class=\"ff2 ls12c ws160\">8.0%</span><span class=\"ls22 ws1\"> (<span class=\"_ _9\"></span>2025: 8<span class=\"_ _11\"></span>.8%<span class=\"_ _1\"></span>)<span class=\"_ _11\"></span>, i<span class=\"_ _9\"></span>s <span class=\"ff2 ls120 ws156\">\u00a313<span class=\"_ _9\"></span>m<span class=\"_ _9\"></span></span> (2025: \u00a3<span class=\"_ _2\"></span>12m<span class=\"_ _11\"></span>)<span class=\"_ _1\"></span>.<span class=\"_ _335\"> </span></span>The fair val<span class=\"_ _9\"></span>ues of a<span class=\"_ _9\"></span>ny floatin<span class=\"_ _9\"></span>g rate finan<span class=\"_ _9\"></span>cial lia<span class=\"_ _9\"></span>biliti<span class=\"_ _9\"></span>es are as<span class=\"_ _9\"></span>sume<span class=\"_ _9\"></span>d to be e<span class=\"_ _9\"></span>qual to th<span class=\"_ _9\"></span>eir no<span class=\"_ _9\"></span>minal valu<span class=\"_ _9\"></span>e. The fair value<span class=\"_ _9\"></span>s of the MTNs fal<span class=\"_ _9\"></span>l within<span class=\"_ _9\"></span> Level 1 of th<span class=\"_ _9\"></span>e fair value h<span class=\"_ _9\"></span>ierarc<span class=\"_ _9\"></span>hy<span class=\"_ _11\"></span>, the sy<span class=\"_ _9\"></span>ndica<span class=\"_ _9\"></span>ted an<span class=\"_ _9\"></span>d bila<span class=\"_ _9\"></span>teral fa<span class=\"_ _9\"></span>ciliti<span class=\"_ _9\"></span>es, com<span class=\"_ _9\"></span>merc<span class=\"_ _9\"></span>ial pa<span class=\"_ _9\"></span>per<span class=\"_ _11\"></span>, inte<span class=\"_ _9\"></span>res<span class=\"_ _9\"></span>t-rate s<span class=\"_ _9\"></span>waps and f<span class=\"_ _9\"></span>orei<span class=\"_ _9\"></span>gn exchan<span class=\"_ _9\"></span>ge swa<span class=\"_ _9\"></span>ps fall wi<span class=\"_ _9\"></span>thin Level 2, and th<span class=\"_ _9\"></span>e amo<span class=\"_ _9\"></span>unts p<span class=\"_ _9\"></span>ayab<span class=\"_ _9\"></span>le and re<span class=\"_ _9\"></span>cei<span class=\"_ _9\"></span>vabl<span class=\"_ _9\"></span>e under l<span class=\"_ _9\"></span>ea<span class=\"_ _9\"></span>ses fall w<span class=\"_ _9\"></span>ithin L<span class=\"_ _9\"></span>evel 3. The fair val<span class=\"_ _9\"></span>ues of th<span class=\"_ _9\"></span>e financ<span class=\"_ _9\"></span>ial ins<span class=\"_ _9\"></span>trum<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s ha<span class=\"_ _9\"></span>ve be<span class=\"_ _9\"></span>en de<span class=\"_ _9\"></span>termin<span class=\"_ _9\"></span>ed by re<span class=\"_ _9\"></span>fere<span class=\"_ _9\"></span>nce to re<span class=\"_ _9\"></span>levant mar<span class=\"_ _9\"></span>ket pric<span class=\"_ _9\"></span>es, wh<span class=\"_ _9\"></span>ere a<span class=\"_ _9\"></span>vailabl<span class=\"_ _9\"></span>e. The fair value<span class=\"_ _9\"></span>s of the<span class=\"_ _9\"></span> Group\u2019<span class=\"_ _2\"></span>s out<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>tanding i<span class=\"_ _9\"></span>ntere<span class=\"_ _9\"></span>st-rate s<span class=\"_ _9\"></span>waps h<span class=\"_ _9\"></span>ave be<span class=\"_ _9\"></span>en e<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>timate<span class=\"_ _9\"></span>d by calc<span class=\"_ _9\"></span>ulatin<span class=\"_ _9\"></span>g the pr<span class=\"_ _9\"></span>ese<span class=\"_ _9\"></span>nt value of f<span class=\"_ _9\"></span>uture c<span class=\"_ _9\"></span>ash flow<span class=\"_ _9\"></span>s, using app<span class=\"_ _9\"></span>rop<span class=\"_ _9\"></span>riate m<span class=\"_ _9\"></span>arket disco<span class=\"_ _9\"></span>unt rate<span class=\"_ _9\"></span>s. Thes<span class=\"_ _9\"></span>e valuati<span class=\"_ _9\"></span>on tec<span class=\"_ _9\"></span>hniqu<span class=\"_ _9\"></span>es fall w<span class=\"_ _9\"></span>ithin L<span class=\"_ _9\"></span>evel 2.<span class=\"_ _335\"> </span>The fair val<span class=\"_ _9\"></span>ue of the r<span class=\"_ _9\"></span>ede<span class=\"_ _9\"></span>mpti<span class=\"_ _9\"></span>on liab<span class=\"_ _9\"></span>ilit<span class=\"_ _9\"></span>y is th<span class=\"_ _9\"></span>e pre<span class=\"_ _9\"></span>sent val<span class=\"_ _9\"></span>ue of the a<span class=\"_ _9\"></span>mount th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up would b<span class=\"_ _9\"></span>e re<span class=\"_ _9\"></span>quire<span class=\"_ _9\"></span>d to pay to s<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>tle th<span class=\"_ _9\"></span>e liabi<span class=\"_ _9\"></span>lit<span class=\"_ _9\"></span>y (<span class=\"_ _2\"></span>an<span class=\"_ gsd2\"> </span>exit<span class=\"_ _9\"></span> pric<span class=\"_ _9\"></span>e<span class=\"_ _11\"></span>)<span class=\"_ _11\"></span>. More<span class=\"_ _9\"></span>over<span class=\"_ _11\"></span>, b<span class=\"_ _9\"></span>oth th<span class=\"_ _9\"></span>e fair value<span class=\"_ _9\"></span>s of the o<span class=\"_ _9\"></span>the<span class=\"_ _9\"></span>r inves<span class=\"_ _9\"></span>tment<span class=\"_ _9\"></span>s and th<span class=\"_ _9\"></span>e red<span class=\"_ _9\"></span>emp<span class=\"_ _9\"></span>tion li<span class=\"_ _9\"></span>abilit<span class=\"_ _9\"></span>y a<span class=\"_ _9\"></span>re calc<span class=\"_ _9\"></span>ulate<span class=\"_ _9\"></span>d by refe<span class=\"_ _9\"></span>renc<span class=\"_ _9\"></span>e to the ne<span class=\"_ _9\"></span>t as<span class=\"_ _9\"></span>set<span class=\"_ _9\"></span>s of th<span class=\"_ _9\"></span>eir resp<span class=\"_ _9\"></span>ec<span class=\"_ _a\"></span>tive under<span class=\"_ _9\"></span>lyin<span class=\"_ _9\"></span>g enti<span class=\"_ _9\"></span>ties. The valu<span class=\"_ _9\"></span>atio<span class=\"_ _9\"></span>ns are no<span class=\"_ _9\"></span>t ba<span class=\"_ _9\"></span>sed o<span class=\"_ _9\"></span>n obs<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>vab<span class=\"_ _9\"></span>le market d<span class=\"_ _9\"></span>ata an<span class=\"_ _9\"></span>d there<span class=\"_ _9\"></span>fore ar<span class=\"_ _9\"></span>e cons<span class=\"_ _9\"></span>ider<span class=\"_ _9\"></span>ed to fall w<span class=\"_ _9\"></span>ithin Leve<span class=\"_ _9\"></span>l 3.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFairValueMeasurementExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-387": {
   "value": "<div class=\"t m0 ha2 ff1 fs7 fc0 sc0 ls160 ws19c gs3cb\">26<span class=\"_ _b2\"> </span><span class=\"fc4 lsd2 wsf3\">TR<span class=\"_ _9\"></span>ADE AND OTHER<span class=\"_ _2\"></span> RECEIV<span class=\"_ _11\"></span>ABLES<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h4a ff1 fs1 fc0 sc0 ls1 ws1 gs3cc\">A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs3cd\">T<span class=\"_ _11\"></span>rad<span class=\"_ _9\"></span>e and oth<span class=\"_ _9\"></span>er re<span class=\"_ _9\"></span>cei<span class=\"_ _9\"></span>vable<span class=\"_ _9\"></span>s are re<span class=\"_ _9\"></span>cog<span class=\"_ _9\"></span>nise<span class=\"_ _9\"></span>d initial<span class=\"_ _9\"></span>ly at fa<span class=\"_ _9\"></span>ir value, subse<span class=\"_ _9\"></span>que<span class=\"_ _9\"></span>ntly a<span class=\"_ _9\"></span>t amor<span class=\"_ _a\"></span>tised co<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t and, whe<span class=\"_ _9\"></span>re rel<span class=\"_ _9\"></span>evant, adjus<span class=\"_ _9\"></span>ted f<span class=\"_ _9\"></span>or the tim<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs3ce\">value of m<span class=\"_ _9\"></span>oney<span class=\"_ _11\"></span>. Th<span class=\"_ _9\"></span>e Group a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>ss<span class=\"_ _9\"></span>es on a fo<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>ward-lo<span class=\"_ _9\"></span>ok<span class=\"_ _9\"></span>ing ba<span class=\"_ _9\"></span>sis the ex<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ted c<span class=\"_ _9\"></span>redi<span class=\"_ _9\"></span>t los<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>s ass<span class=\"_ _9\"></span>ocia<span class=\"_ _9\"></span>ted w<span class=\"_ _9\"></span>ith i<span class=\"_ _9\"></span>ts tra<span class=\"_ _9\"></span>de rec<span class=\"_ _9\"></span>eivab<span class=\"_ _9\"></span>les. A prov<span class=\"_ _9\"></span>isio<span class=\"_ _9\"></span>n for<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs3cf\">impair<span class=\"_ _9\"></span>ment i<span class=\"_ _9\"></span>s mad<span class=\"_ _9\"></span>e for the l<span class=\"_ _9\"></span>ifeti<span class=\"_ _9\"></span>me exp<span class=\"_ _9\"></span>ec<span class=\"_ _a\"></span>ted cred<span class=\"_ _9\"></span>it los<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>s on initi<span class=\"_ _9\"></span>al rec<span class=\"_ _9\"></span>ogni<span class=\"_ _9\"></span>tion of t<span class=\"_ _9\"></span>he re<span class=\"_ _9\"></span>ceivab<span class=\"_ _9\"></span>le. If colle<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tion i<span class=\"_ _9\"></span>s exp<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d in mor<span class=\"_ _9\"></span>e than on<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs3d0\">year<span class=\"_ _1\"></span>, the balance is<span class=\"_ _11\"></span> pre<span class=\"_ _9\"></span>sented withi<span class=\"_ _2\"></span>n non-cur<span class=\"_ _2\"></span>rent assets.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs3d1\">In dete<span class=\"_ _9\"></span>rmining th<span class=\"_ _9\"></span>e exp<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d cre<span class=\"_ _9\"></span>dit l<span class=\"_ _9\"></span>oss<span class=\"_ _9\"></span>es, the G<span class=\"_ _9\"></span>roup takes into ac<span class=\"_ _9\"></span>count a<span class=\"_ _9\"></span>ny recen<span class=\"_ _9\"></span>t pay<span class=\"_ _9\"></span>me<span class=\"_ _9\"></span>nt beh<span class=\"_ _9\"></span>av<span class=\"_ _9\"></span>iour<span class=\"_ _9\"></span>s and fu<span class=\"_ _9\"></span>ture exp<span class=\"_ _9\"></span>ec<span class=\"_ _a\"></span>tations o<span class=\"_ _9\"></span>f likely<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs3d2\">default e<span class=\"_ _2\"></span>vents (i<span class=\"_ _11\"></span>.e<span class=\"_ _11\"></span>. not making payment on t<span class=\"_ _2\"></span>he due date<span class=\"_ _1\"></span>) based on individual customer cr<span class=\"_ _2\"></span>edit ratings<span class=\"_ _11\"></span>, ac<span class=\"_ _9\"></span>tual or expected insolvency fili<span class=\"_ _2\"></span>ngs <span class=\"ls1 ws1\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs3d3\">or compan<span class=\"_ _2\"></span>y volu<span class=\"_ _2\"></span>ntary arrangements a<span class=\"_ _2\"></span>nd mark<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>t expectations and trend<span class=\"_ _2\"></span>s in t<span class=\"_ _2\"></span>he wider macroeconomic en<span class=\"_ _11\"></span>vironment in which<span class=\"_ _2\"></span> our customers<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs3d4\">ope<span class=\"_ _9\"></span>rate. Where a c<span class=\"_ _9\"></span>onc<span class=\"_ _9\"></span>ess<span class=\"_ _9\"></span>ion is a<span class=\"_ _9\"></span>gree<span class=\"_ _9\"></span>d wi<span class=\"_ _9\"></span>th a cus<span class=\"_ _9\"></span>tom<span class=\"_ _9\"></span>er af<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>r the du<span class=\"_ _9\"></span>e date fo<span class=\"_ _9\"></span>r the re<span class=\"_ _9\"></span>nt, this amo<span class=\"_ _9\"></span>unt is re<span class=\"_ _9\"></span>cog<span class=\"_ _9\"></span>nise<span class=\"_ _9\"></span>d as an imp<span class=\"_ _9\"></span>airme<span class=\"_ _9\"></span>nt of th<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs3d5\">related trade<span class=\"_ _2\"></span> receivable<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs3d6\">T<span class=\"_ _11\"></span>rade and ot<span class=\"_ _2\"></span>her receivables a<span class=\"_ _2\"></span>re written off once a<span class=\"_ _2\"></span>ll aven<span class=\"_ _2\"></span>ues to reco<span class=\"_ _2\"></span>ver the<span class=\"_ _2\"></span> balances are<span class=\"_ _2\"></span> exhausted and t<span class=\"_ _2\"></span>he lease has ended<span class=\"_ _11\"></span>. Receivables written<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs3d7\">off are<span class=\"_ _2\"></span> no longer su<span class=\"_ _2\"></span>bject to an<span class=\"_ _11\"></span>y enforcement activit<span class=\"_ _9\"></span>y<span class=\"_ _1\"></span>.<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h4a ff1 fs1 fc0 sc0 ls1 ws1 gs3da\">S<span class=\"_ _87\"> </span><span class=\"fc2 lsd0 wsa4\">SOURCE<span class=\"_ _11\"></span> OF ESTIMA<span class=\"_ _11\"></span>TION UNCERT<span class=\"_ _1\"></span>AINT<span class=\"_ _9\"></span>Y<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h12 ff1 fsa fc2 sc0 ls3b ws38 gs3db\">IMP<span class=\"_ _11\"></span>AIRMENT OF TRADE RECEIV<span class=\"_ _11\"></span>ABLES<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs3dc\">The Gr<span class=\"_ _9\"></span>oup\u2019<span class=\"_ _11\"></span>s as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ssm<span class=\"_ _9\"></span>ent of ex<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ted c<span class=\"_ _9\"></span>redi<span class=\"_ _9\"></span>t los<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>s is inhe<span class=\"_ _9\"></span>rentl<span class=\"_ _9\"></span>y subjec<span class=\"_ _a\"></span>tive due to the fo<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>ward-lo<span class=\"_ _9\"></span>ok<span class=\"_ _9\"></span>ing na<span class=\"_ _9\"></span>ture of the a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>ss<span class=\"_ _9\"></span>ment<span class=\"_ _9\"></span>s. As a re<span class=\"_ _9\"></span>sult,<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls3c ws1 gs3dd\">the value o<span class=\"_ _9\"></span>f the prov<span class=\"_ _9\"></span>isio<span class=\"_ _9\"></span>ns for i<span class=\"_ _9\"></span>mpair<span class=\"_ _9\"></span>ment o<span class=\"_ _9\"></span>f the Gr<span class=\"_ _9\"></span>oup\u2019<span class=\"_ _11\"></span>s tra<span class=\"_ _9\"></span>de re<span class=\"_ _9\"></span>ceiva<span class=\"_ _9\"></span>ble<span class=\"_ _9\"></span>s are subje<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t to a de<span class=\"_ _9\"></span>gree o<span class=\"_ _9\"></span>f uncer<span class=\"_ _a\"></span>taint<span class=\"_ _9\"></span>y and are m<span class=\"_ _9\"></span>ade on th<span class=\"_ _9\"></span>e ba<span class=\"_ _9\"></span>sis of<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs3de\">assum<span class=\"_ _9\"></span>ptio<span class=\"_ _9\"></span>ns whi<span class=\"_ _9\"></span>ch ma<span class=\"_ _9\"></span>y not p<span class=\"_ _9\"></span>rove to be ac<span class=\"_ _9\"></span>cura<span class=\"_ _9\"></span>te. See note 2<span class=\"_ _9\"></span>5 for fu<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>ther d<span class=\"_ _9\"></span>etail<span class=\"_ _9\"></span>s of the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _11\"></span>s a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>ssm<span class=\"_ _9\"></span>ent o<span class=\"_ _9\"></span>f the cre<span class=\"_ _9\"></span>dit ri<span class=\"_ _9\"></span>sk as<span class=\"_ _9\"></span>soc<span class=\"_ _9\"></span>iate<span class=\"_ _9\"></span>d wi<span class=\"_ _9\"></span>th<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs3df\">trade receiva<span class=\"_ _11\"></span>b<span class=\"_ _9\"></span>les.<span class=\"_ _335\"> </span></div><div class=\"gs3e0\"><table class=\"s w295 hf5\" id=\"_c9e5e46b-d5d0-4604-aa5d-c9d8aad620c0\"><tr><td></td><td class=\"t m0 x2ba h15 y3501 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y3501 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24d h15 y3502 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3502 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y330a w296 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Net trade receiv<span class=\"_ _2\"></span>ables<span class=\"_ _335\"> </span></div></td><td class=\"c n x61d y330a w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">74<span class=\"_ _335\"> </span></div></td><td class=\"c n x61e y330a w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">70<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y330b w297 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">T<span class=\"_ _11\"></span>enant lease incen<span class=\"_ _2\"></span>tives<span class=\"_ _335\"> </span></div></td><td class=\"c n x749 y330b w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">258<span class=\"_ _335\"> </span></div></td><td class=\"c n x74a y330b w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">242<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32db w298 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws48\">Prepayments<span class=\"_ _335\"> </span></div></td><td class=\"c n xd13 y32db w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">66<span class=\"_ _335\"> </span></div></td><td class=\"c n xc32 y32db w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">69<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32dc w299 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Accrued income<span class=\"_ _335\"> </span></div></td><td class=\"c n x61d y32dc w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">18<span class=\"_ _335\"> </span></div></td><td class=\"c n x61e y32dc w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">21<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y335b w29a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Amo<span class=\"_ _9\"></span>unts d<span class=\"_ _9\"></span>ue from j<span class=\"_ _9\"></span>oint ventu<span class=\"_ _9\"></span>res<span class=\"_ _335\"> </span></div></td><td class=\"c n xd14 y335b w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">13<span class=\"_ _335\"> </span></div></td><td class=\"c n x5af y335b w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">12<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32df w29b hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Deferred consideration<span class=\"_ _335\"> </span></div></td><td class=\"c n x61d y32df w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td><td class=\"c n x976 y32df w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e0 w29c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other receivables<span class=\"_ _335\"> </span></div></td><td class=\"c n x61d y32e0 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">52<span class=\"_ _335\"> </span></div></td><td class=\"c n x61e y32e0 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">51<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e1 w29d hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">T<span class=\"_ _11\"></span>ota<span class=\"_ _2\"></span>l cu<span class=\"_ _2\"></span>rrent<span class=\"_ _11\"></span> trade and ot<span class=\"_ _11\"></span>her receivables<span class=\"_ _335\"> </span></div></td><td class=\"c n xd15 y32e1 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">491<span class=\"_ _335\"> </span></div></td><td class=\"c n xd16 y32e1 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">467<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e2 w29e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Non-curren<span class=\"_ _2\"></span>t amounts due<span class=\"_ _11\"></span> from joint vent<span class=\"_ _11\"></span>ures<span class=\"_ _335\"> </span></div></td><td class=\"c n xd17 y32e2 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">98<span class=\"_ _335\"> </span></div></td><td class=\"c n x72e y32e2 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">116<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e3 w29f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Non-curren<span class=\"_ _2\"></span>t prepayments<span class=\"_ _335\"> </span></div></td><td class=\"c n x61d y32e3 w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">31<span class=\"_ _335\"> </span></div></td><td class=\"c n x61e y32e3 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">24<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e4 w2a0 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Non-curren<span class=\"_ _2\"></span>t deferred consider<span class=\"_ _2\"></span>ation<span class=\"_ _335\"> </span></div></td><td class=\"c n x61d y32e4 w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">19<span class=\"_ _335\"> </span></div></td><td class=\"c n x61e y32e4 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">78<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w2a1 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other non-current<span class=\"_ _2\"></span> receivables<span class=\"_ _335\"> </span></div></td><td class=\"c n x2cc y32cc w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd18 y32cc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w2a2 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">T<span class=\"_ _11\"></span>ota<span class=\"_ _2\"></span>l tr<span class=\"_ _2\"></span>ade and o<span class=\"_ _2\"></span>ther r<span class=\"_ _2\"></span>eceiva<span class=\"_ _2\"></span>bles<span class=\"_ _335\"> </span></div></td><td class=\"c n xd19 y32cd w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">639<span class=\"_ _335\"> </span></div></td><td class=\"c n xa8a y32cd w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">696<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs3e1\">The account<span class=\"_ _2\"></span>ing for<span class=\"_ _2\"></span> lease incentiv<span class=\"_ _2\"></span>es is set out in<span class=\"_ _11\"></span> no<span class=\"_ _9\"></span>te 6<span class=\"_ _11\"></span>. The value<span class=\"_ _2\"></span> of the t<span class=\"_ _11\"></span>enant lease incentive<span class=\"_ _11\"></span>, included in cu<span class=\"_ _2\"></span>rrent tr<span class=\"_ _2\"></span>ade and ot<span class=\"_ _2\"></span>her receivables, </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs3e2\">is spre<span class=\"_ _9\"></span>ad ove<span class=\"_ _9\"></span>r the le<span class=\"_ _9\"></span>ase te<span class=\"_ _9\"></span>rm.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs3e3\">The no<span class=\"_ _9\"></span>n-curr<span class=\"_ _9\"></span>ent amo<span class=\"_ _9\"></span>unt<span class=\"_ _9\"></span>s due fro<span class=\"_ _9\"></span>m joint ve<span class=\"_ _9\"></span>ntures h<span class=\"_ _9\"></span>ave ma<span class=\"_ _9\"></span>turi<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y date<span class=\"_ _9\"></span>s rangin<span class=\"_ _9\"></span>g from Ap<span class=\"_ _9\"></span>ril 2028 to the dis<span class=\"_ _9\"></span>solu<span class=\"_ _9\"></span>tion o<span class=\"_ _9\"></span>f the join<span class=\"_ _9\"></span>t venture. Intere<span class=\"_ _9\"></span>st<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls37 ws34 gs3e4\">is charge<span class=\"_ _9\"></span>d at rates ranging fro<span class=\"_ _9\"></span>m <span class=\"ff2 ls12e ws163\">4%<span class=\"_ _9\"></span></span><span class=\"ls8e ws191\"> to <span class=\"ff2 ls1 ws1\">5<span class=\"_ _2\"></span><span class=\"ff3 ls22\">% (2025: 4<span class=\"_ _11\"></span>% to 5%<span class=\"_ _11\"></span>)<span class=\"_ _1\"></span>.<span class=\"_ _335\"> </span></span></span></span></div><div class=\"t m0 h11 ff1 fs9 fc2 sc0 ls73 ws79 gs3e5\">AGEING<span class=\"_ _11\"></span> OF TR<span class=\"_ _9\"></span>ADE RECEIV<span class=\"_ _11\"></span>ABLES<span class=\"_ _335\"> </span></div><div class=\"gs3e6\"><table class=\"s w2a3 hf6\" id=\"_2d556a84-3e57-435c-9e63-66381b494565\"><tr><td></td><td></td><td></td><td></td><td class=\"t m0 x4ef h15 y3503 ff2 fsd fc2 sc0 ls74 ws1\">Up to<span class=\"_ _335\"> </span></td><td></td><td></td></tr><tr><td></td><td></td><td class=\"t m0 x243 h15 y3504 ff2 fsd fc2 sc0 ls74 ws1\">Up to </td><td class=\"t m0 x9c1 h15 y3504 ff2 fsd fc2 sc0 ls74 ws1\">Up to </td><td class=\"t m0 xd1a h15 y3505 ff2 fsd fc2 sc0 ls74 ws1\"> 12 </td><td class=\"t m0 xd1b h15 y3505 ff2 fsd fc2 sc0 ls41 ws36\">More t<span class=\"_ _2\"></span>han <span class=\"ls1 ws1\"> </span></td><td></td></tr><tr><td></td><td class=\"t m0 xd1c h15 y3506 ff2 fsd fc2 sc0 ls1 ws1\">Not </td><td class=\"t m0 x9bc h15 y3506 ff2 fsd fc2 sc0 ls102 ws13e\">30 da<span class=\"_ _9\"></span>ys <span class=\"ls1 ws1\"> </span></td><td class=\"t m0 x559 h15 y3506 ff2 fsd fc2 sc0 ls74 ws1\">6 mon<span class=\"_ _9\"></span>ths<span class=\"_ _9\"></span> <span class=\"ls1\"> </span></td><td class=\"t m0 xa97 h15 y3507 ff2 fsd fc2 sc0 ls86 ws89\">month<span class=\"_ _9\"></span>s <span class=\"ls1 ws1\"> </span></td><td class=\"t m0 x339 h15 y3507 ff2 fsd fc2 sc0 ls74 ws1\">12 mon<span class=\"_ _9\"></span>ths<span class=\"_ _9\"></span> <span class=\"ls1\"> </span></td><td></td></tr><tr><td></td><td class=\"t m0 xd1d h15 y3508 ff2 fsd fc2 sc0 ls1 ws8e\"> past due<span class=\"_ _335\"> </span></td><td class=\"t m0 x792 h15 y3508 ff2 fsd fc2 sc0 ls1 ws8e\">past due<span class=\"_ _335\"> </span></td><td class=\"t m0 xd1e h15 y3508 ff2 fsd fc2 sc0 ls1 ws8e\">past due<span class=\"_ _335\"> </span></td><td class=\"t m0 x7c4 h15 y3509 ff2 fsd fc2 sc0 ls1 ws8e\">past due<span class=\"_ _335\"> </span></td><td class=\"t m0 x340 h15 y3509 ff2 fsd fc2 sc0 ls1 ws8e\">past due<span class=\"_ _335\"> </span></td><td class=\"t m0 x33a h15 y3509 ff2 fsd fc2 sc0 lsa4 wsb2\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x249 h15 y350a ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24a h15 y350a ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24b h15 y350a ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y350b ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y350b ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y350b ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"t m0 x297 h9 y350c ff2 fs6 fc2 sc0 ls22 ws1\">As at 31 March 202<span class=\"_ _11\"></span>6<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y32de w2a4 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws61\">Not i<span class=\"_ _2\"></span>mpai<span class=\"_ _11\"></span>red<span class=\"_ _335\"> </span></div></td><td class=\"c n x26b y32de w2f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x252 y32de w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">27<span class=\"_ _335\"> </span></div></td><td class=\"c n x536 y32de w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">23<span class=\"_ _335\"> </span></div></td><td class=\"c n x6fd y32de w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">13<span class=\"_ _335\"> </span></div></td><td class=\"c n x255 y32de w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td><td class=\"c n xaa1 y32de w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">74<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y334a w2a5 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">Impa<span class=\"_ _2\"></span>ired<span class=\"_ _335\"> </span></div></td><td class=\"c n xd1f y334a w2f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd20 y334a w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd21 y334a w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xd22 y334a w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x5a8 y334a w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">23<span class=\"_ _335\"> </span></div></td><td class=\"c n x5a9 y334a w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3403 w2a6 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">Gross trade receivable<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n x52c y3403 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x61b y3403 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">27<span class=\"_ _335\"> </span></div></td><td class=\"c n x61c y3403 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">25<span class=\"_ _335\"> </span></div></td><td class=\"c n xd23 y3403 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">16<span class=\"_ _335\"> </span></div></td><td class=\"c n xd24 y3403 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">34<span class=\"_ _335\"> </span></div></td><td class=\"c n xd25 y3403 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">102<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x297 h9 y350d ff3 fs6 fc2 sc0 ls22 ws1\">As a<span class=\"_ _9\"></span>t 3<span class=\"_ _11\"></span>1 M<span class=\"_ _9\"></span>arch 202<span class=\"_ _11\"></span>5<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y32e4 w2a4 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws61\">Not i<span class=\"_ _2\"></span>mpai<span class=\"_ _11\"></span>red<span class=\"_ _335\"> </span></div></td><td class=\"c n xd26 y32e4 w81 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x252 y32e4 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td><td class=\"c n x536 y32e4 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">25<span class=\"_ _335\"> </span></div></td><td class=\"c n x6fd y32e4 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td><td class=\"c n xd27 y32e4 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n x915 y32e4 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">70<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w2a5 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">Impa<span class=\"_ _2\"></span>ired<span class=\"_ _335\"> </span></div></td><td class=\"c n xd28 y32cc w81 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd29 y32cc w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5a3 y32cc w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x5a4 y32cc w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n x276 y32cc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">24<span class=\"_ _335\"> </span></div></td><td class=\"c n x277 y32cc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">29<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w2a6 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">Gross trade receivable<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xd2a y32cd w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd2b y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td><td class=\"c n xd2c y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">26<span class=\"_ _335\"> </span></div></td><td class=\"c n xd2d y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td><td class=\"c n x538 y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">31<span class=\"_ _335\"> </span></div></td><td class=\"c n x539 y32cd w34 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">99<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs3e7\">None o<span class=\"_ _9\"></span>f the Gr<span class=\"_ _9\"></span>oup\u2019<span class=\"_ _11\"></span>s o<span class=\"_ _9\"></span>ther r<span class=\"_ _9\"></span>ece<span class=\"_ _9\"></span>ivabl<span class=\"_ _9\"></span>es are p<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>t due an<span class=\"_ _9\"></span>d ther<span class=\"_ _9\"></span>efor<span class=\"_ _9\"></span>e no age<span class=\"_ _9\"></span>ing ha<span class=\"_ _9\"></span>s be<span class=\"_ _9\"></span>en show<span class=\"_ _9\"></span>n (2025: \u00a3nil)<span class=\"_ _1\"></span>.<span class=\"_ _335\"> </span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfTradeAndOtherReceivablesExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-416": {
   "value": "26<span class=\"_ _b2\"> </span><span class=\"fc4 lsd2 wsf3\">TR<span class=\"_ _9\"></span>ADE AND OTHER<span class=\"_ _2\"></span> RECEIV<span class=\"_ _11\"></span>ABLES<span class=\"_ _335\"> </span></span>A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>T<span class=\"_ _11\"></span>rad<span class=\"_ _9\"></span>e and oth<span class=\"_ _9\"></span>er re<span class=\"_ _9\"></span>cei<span class=\"_ _9\"></span>vable<span class=\"_ _9\"></span>s are re<span class=\"_ _9\"></span>cog<span class=\"_ _9\"></span>nise<span class=\"_ _9\"></span>d initial<span class=\"_ _9\"></span>ly at fa<span class=\"_ _9\"></span>ir value, subse<span class=\"_ _9\"></span>que<span class=\"_ _9\"></span>ntly a<span class=\"_ _9\"></span>t amor<span class=\"_ _a\"></span>tised co<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t and, whe<span class=\"_ _9\"></span>re rel<span class=\"_ _9\"></span>evant, adjus<span class=\"_ _9\"></span>ted f<span class=\"_ _9\"></span>or the tim<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span>value of m<span class=\"_ _9\"></span>oney<span class=\"_ _11\"></span>. Th<span class=\"_ _9\"></span>e Group a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>ss<span class=\"_ _9\"></span>es on a fo<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>ward-lo<span class=\"_ _9\"></span>ok<span class=\"_ _9\"></span>ing ba<span class=\"_ _9\"></span>sis the ex<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ted c<span class=\"_ _9\"></span>redi<span class=\"_ _9\"></span>t los<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>s ass<span class=\"_ _9\"></span>ocia<span class=\"_ _9\"></span>ted w<span class=\"_ _9\"></span>ith i<span class=\"_ _9\"></span>ts tra<span class=\"_ _9\"></span>de rec<span class=\"_ _9\"></span>eivab<span class=\"_ _9\"></span>les. A prov<span class=\"_ _9\"></span>isio<span class=\"_ _9\"></span>n for<span class=\"_ _335\"> </span>impair<span class=\"_ _9\"></span>ment i<span class=\"_ _9\"></span>s mad<span class=\"_ _9\"></span>e for the l<span class=\"_ _9\"></span>ifeti<span class=\"_ _9\"></span>me exp<span class=\"_ _9\"></span>ec<span class=\"_ _a\"></span>ted cred<span class=\"_ _9\"></span>it los<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>s on initi<span class=\"_ _9\"></span>al rec<span class=\"_ _9\"></span>ogni<span class=\"_ _9\"></span>tion of t<span class=\"_ _9\"></span>he re<span class=\"_ _9\"></span>ceivab<span class=\"_ _9\"></span>le. If colle<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tion i<span class=\"_ _9\"></span>s exp<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d in mor<span class=\"_ _9\"></span>e than on<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span>year<span class=\"_ _1\"></span>, the balance is<span class=\"_ _11\"></span> pre<span class=\"_ _9\"></span>sented withi<span class=\"_ _2\"></span>n non-cur<span class=\"_ _2\"></span>rent assets.<span class=\"_ _335\"> </span>In dete<span class=\"_ _9\"></span>rmining th<span class=\"_ _9\"></span>e exp<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d cre<span class=\"_ _9\"></span>dit l<span class=\"_ _9\"></span>oss<span class=\"_ _9\"></span>es, the G<span class=\"_ _9\"></span>roup takes into ac<span class=\"_ _9\"></span>count a<span class=\"_ _9\"></span>ny recen<span class=\"_ _9\"></span>t pay<span class=\"_ _9\"></span>me<span class=\"_ _9\"></span>nt beh<span class=\"_ _9\"></span>av<span class=\"_ _9\"></span>iour<span class=\"_ _9\"></span>s and fu<span class=\"_ _9\"></span>ture exp<span class=\"_ _9\"></span>ec<span class=\"_ _a\"></span>tations o<span class=\"_ _9\"></span>f likely<span class=\"_ _335\"> </span>default e<span class=\"_ _2\"></span>vents (i<span class=\"_ _11\"></span>.e<span class=\"_ _11\"></span>. not making payment on t<span class=\"_ _2\"></span>he due date<span class=\"_ _1\"></span>) based on individual customer cr<span class=\"_ _2\"></span>edit ratings<span class=\"_ _11\"></span>, ac<span class=\"_ _9\"></span>tual or expected insolvency fili<span class=\"_ _2\"></span>ngs or compan<span class=\"_ _2\"></span>y volu<span class=\"_ _2\"></span>ntary arrangements a<span class=\"_ _2\"></span>nd mark<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>t expectations and trend<span class=\"_ _2\"></span>s in t<span class=\"_ _2\"></span>he wider macroeconomic en<span class=\"_ _11\"></span>vironment in which<span class=\"_ _2\"></span> our customers<span class=\"_ _335\"> </span>ope<span class=\"_ _9\"></span>rate. Where a c<span class=\"_ _9\"></span>onc<span class=\"_ _9\"></span>ess<span class=\"_ _9\"></span>ion is a<span class=\"_ _9\"></span>gree<span class=\"_ _9\"></span>d wi<span class=\"_ _9\"></span>th a cus<span class=\"_ _9\"></span>tom<span class=\"_ _9\"></span>er af<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>r the du<span class=\"_ _9\"></span>e date fo<span class=\"_ _9\"></span>r the re<span class=\"_ _9\"></span>nt, this amo<span class=\"_ _9\"></span>unt is re<span class=\"_ _9\"></span>cog<span class=\"_ _9\"></span>nise<span class=\"_ _9\"></span>d as an imp<span class=\"_ _9\"></span>airme<span class=\"_ _9\"></span>nt of th<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span>related trade<span class=\"_ _2\"></span> receivable<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>T<span class=\"_ _11\"></span>rade and ot<span class=\"_ _2\"></span>her receivables a<span class=\"_ _2\"></span>re written off once a<span class=\"_ _2\"></span>ll aven<span class=\"_ _2\"></span>ues to reco<span class=\"_ _2\"></span>ver the<span class=\"_ _2\"></span> balances are<span class=\"_ _2\"></span> exhausted and t<span class=\"_ _2\"></span>he lease has ended<span class=\"_ _11\"></span>. Receivables written<span class=\"_ _335\"> </span>off are<span class=\"_ _2\"></span> no longer su<span class=\"_ _2\"></span>bject to an<span class=\"_ _11\"></span>y enforcement activit<span class=\"_ _9\"></span>y<span class=\"_ _1\"></span>.<span class=\"_ _335\"> </span>S<span class=\"_ _87\"> </span><span class=\"fc2 lsd0 wsa4\">SOURCE<span class=\"_ _11\"></span> OF ESTIMA<span class=\"_ _11\"></span>TION UNCERT<span class=\"_ _1\"></span>AINT<span class=\"_ _9\"></span>Y<span class=\"_ _335\"> </span></span>IMP<span class=\"_ _11\"></span>AIRMENT OF TRADE RECEIV<span class=\"_ _11\"></span>ABLES<span class=\"_ _335\"> </span>The Gr<span class=\"_ _9\"></span>oup\u2019<span class=\"_ _11\"></span>s as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ssm<span class=\"_ _9\"></span>ent of ex<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ted c<span class=\"_ _9\"></span>redi<span class=\"_ _9\"></span>t los<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>s is inhe<span class=\"_ _9\"></span>rentl<span class=\"_ _9\"></span>y subjec<span class=\"_ _a\"></span>tive due to the fo<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>ward-lo<span class=\"_ _9\"></span>ok<span class=\"_ _9\"></span>ing na<span class=\"_ _9\"></span>ture of the a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>ss<span class=\"_ _9\"></span>ment<span class=\"_ _9\"></span>s. As a re<span class=\"_ _9\"></span>sult,<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> the value o<span class=\"_ _9\"></span>f the prov<span class=\"_ _9\"></span>isio<span class=\"_ _9\"></span>ns for i<span class=\"_ _9\"></span>mpair<span class=\"_ _9\"></span>ment o<span class=\"_ _9\"></span>f the Gr<span class=\"_ _9\"></span>oup\u2019<span class=\"_ _11\"></span>s tra<span class=\"_ _9\"></span>de re<span class=\"_ _9\"></span>ceiva<span class=\"_ _9\"></span>ble<span class=\"_ _9\"></span>s are subje<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t to a de<span class=\"_ _9\"></span>gree o<span class=\"_ _9\"></span>f uncer<span class=\"_ _a\"></span>taint<span class=\"_ _9\"></span>y and are m<span class=\"_ _9\"></span>ade on th<span class=\"_ _9\"></span>e ba<span class=\"_ _9\"></span>sis of<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> assum<span class=\"_ _9\"></span>ptio<span class=\"_ _9\"></span>ns whi<span class=\"_ _9\"></span>ch ma<span class=\"_ _9\"></span>y not p<span class=\"_ _9\"></span>rove to be ac<span class=\"_ _9\"></span>cura<span class=\"_ _9\"></span>te. See note 2<span class=\"_ _9\"></span>5 for fu<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>ther d<span class=\"_ _9\"></span>etail<span class=\"_ _9\"></span>s of the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _11\"></span>s a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>ssm<span class=\"_ _9\"></span>ent o<span class=\"_ _9\"></span>f the cre<span class=\"_ _9\"></span>dit ri<span class=\"_ _9\"></span>sk as<span class=\"_ _9\"></span>soc<span class=\"_ _9\"></span>iate<span class=\"_ _9\"></span>d wi<span class=\"_ _9\"></span>th<span class=\"_ _335\"> </span> trade receiva<span class=\"_ _11\"></span>b<span class=\"_ _9\"></span>les.<span class=\"_ _335\"> </span><table class=\"s w295 hf5\" id=\"_c9e5e46b-d5d0-4604-aa5d-c9d8aad620c0\"><tr><td></td><td class=\"t m0 x2ba h15 y3501 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y3501 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24d h15 y3502 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3502 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y330a w296 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Net trade receiv<span class=\"_ _2\"></span>ables<span class=\"_ _335\"> </span></div></td><td class=\"c n x61d y330a w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">74<span class=\"_ _335\"> </span></div></td><td class=\"c n x61e y330a w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">70<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y330b w297 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">T<span class=\"_ _11\"></span>enant lease incen<span class=\"_ _2\"></span>tives<span class=\"_ _335\"> </span></div></td><td class=\"c n x749 y330b w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">258<span class=\"_ _335\"> </span></div></td><td class=\"c n x74a y330b w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">242<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32db w298 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws48\">Prepayments<span class=\"_ _335\"> </span></div></td><td class=\"c n xd13 y32db w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">66<span class=\"_ _335\"> </span></div></td><td class=\"c n xc32 y32db w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">69<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32dc w299 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Accrued income<span class=\"_ _335\"> </span></div></td><td class=\"c n x61d y32dc w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">18<span class=\"_ _335\"> </span></div></td><td class=\"c n x61e y32dc w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">21<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y335b w29a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Amo<span class=\"_ _9\"></span>unts d<span class=\"_ _9\"></span>ue from j<span class=\"_ _9\"></span>oint ventu<span class=\"_ _9\"></span>res<span class=\"_ _335\"> </span></div></td><td class=\"c n xd14 y335b w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">13<span class=\"_ _335\"> </span></div></td><td class=\"c n x5af y335b w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">12<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32df w29b hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Deferred consideration<span class=\"_ _335\"> </span></div></td><td class=\"c n x61d y32df w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td><td class=\"c n x976 y32df w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e0 w29c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other receivables<span class=\"_ _335\"> </span></div></td><td class=\"c n x61d y32e0 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">52<span class=\"_ _335\"> </span></div></td><td class=\"c n x61e y32e0 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">51<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e1 w29d hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">T<span class=\"_ _11\"></span>ota<span class=\"_ _2\"></span>l cu<span class=\"_ _2\"></span>rrent<span class=\"_ _11\"></span> trade and ot<span class=\"_ _11\"></span>her receivables<span class=\"_ _335\"> </span></div></td><td class=\"c n xd15 y32e1 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">491<span class=\"_ _335\"> </span></div></td><td class=\"c n xd16 y32e1 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">467<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e2 w29e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Non-curren<span class=\"_ _2\"></span>t amounts due<span class=\"_ _11\"></span> from joint vent<span class=\"_ _11\"></span>ures<span class=\"_ _335\"> </span></div></td><td class=\"c n xd17 y32e2 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">98<span class=\"_ _335\"> </span></div></td><td class=\"c n x72e y32e2 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">116<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e3 w29f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Non-curren<span class=\"_ _2\"></span>t prepayments<span class=\"_ _335\"> </span></div></td><td class=\"c n x61d y32e3 w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">31<span class=\"_ _335\"> </span></div></td><td class=\"c n x61e y32e3 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">24<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e4 w2a0 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Non-curren<span class=\"_ _2\"></span>t deferred consider<span class=\"_ _2\"></span>ation<span class=\"_ _335\"> </span></div></td><td class=\"c n x61d y32e4 w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">19<span class=\"_ _335\"> </span></div></td><td class=\"c n x61e y32e4 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">78<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w2a1 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other non-current<span class=\"_ _2\"></span> receivables<span class=\"_ _335\"> </span></div></td><td class=\"c n x2cc y32cc w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd18 y32cc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w2a2 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">T<span class=\"_ _11\"></span>ota<span class=\"_ _2\"></span>l tr<span class=\"_ _2\"></span>ade and o<span class=\"_ _2\"></span>ther r<span class=\"_ _2\"></span>eceiva<span class=\"_ _2\"></span>bles<span class=\"_ _335\"> </span></div></td><td class=\"c n xd19 y32cd w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">639<span class=\"_ _335\"> </span></div></td><td class=\"c n xa8a y32cd w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">696<span class=\"_ _335\"> </span></div></td></tr></table>The account<span class=\"_ _2\"></span>ing for<span class=\"_ _2\"></span> lease incentiv<span class=\"_ _2\"></span>es is set out in<span class=\"_ _11\"></span> no<span class=\"_ _9\"></span>te 6<span class=\"_ _11\"></span>. The value<span class=\"_ _2\"></span> of the t<span class=\"_ _11\"></span>enant lease incentive<span class=\"_ _11\"></span>, included in cu<span class=\"_ _2\"></span>rrent tr<span class=\"_ _2\"></span>ade and ot<span class=\"_ _2\"></span>her receivables, is spre<span class=\"_ _9\"></span>ad ove<span class=\"_ _9\"></span>r the le<span class=\"_ _9\"></span>ase te<span class=\"_ _9\"></span>rm.<span class=\"_ _335\"> </span>The no<span class=\"_ _9\"></span>n-curr<span class=\"_ _9\"></span>ent amo<span class=\"_ _9\"></span>unt<span class=\"_ _9\"></span>s due fro<span class=\"_ _9\"></span>m joint ve<span class=\"_ _9\"></span>ntures h<span class=\"_ _9\"></span>ave ma<span class=\"_ _9\"></span>turi<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y date<span class=\"_ _9\"></span>s rangin<span class=\"_ _9\"></span>g from Ap<span class=\"_ _9\"></span>ril 2028 to the dis<span class=\"_ _9\"></span>solu<span class=\"_ _9\"></span>tion o<span class=\"_ _9\"></span>f the join<span class=\"_ _9\"></span>t venture. Intere<span class=\"_ _9\"></span>st<span class=\"_ _9\"></span> is charge<span class=\"_ _9\"></span>d at rates ranging fro<span class=\"_ _9\"></span>m <span class=\"ff2 ls12e ws163\">4%<span class=\"_ _9\"></span></span><span class=\"ls8e ws191\"> to <span class=\"ff2 ls1 ws1\">5<span class=\"_ _2\"></span><span class=\"ff3 ls22\">% (2025: 4<span class=\"_ _11\"></span>% to 5%<span class=\"_ _11\"></span>)<span class=\"_ _1\"></span>.<span class=\"_ _335\"> </span></span></span></span>AGEING<span class=\"_ _11\"></span> OF TR<span class=\"_ _9\"></span>ADE RECEIV<span class=\"_ _11\"></span>ABLES<span class=\"_ _335\"> </span><table class=\"s w2a3 hf6\" id=\"_2d556a84-3e57-435c-9e63-66381b494565\"><tr><td></td><td></td><td></td><td></td><td class=\"t m0 x4ef h15 y3503 ff2 fsd fc2 sc0 ls74 ws1\">Up to<span class=\"_ _335\"> </span></td><td></td><td></td></tr><tr><td></td><td></td><td class=\"t m0 x243 h15 y3504 ff2 fsd fc2 sc0 ls74 ws1\">Up to </td><td class=\"t m0 x9c1 h15 y3504 ff2 fsd fc2 sc0 ls74 ws1\">Up to </td><td class=\"t m0 xd1a h15 y3505 ff2 fsd fc2 sc0 ls74 ws1\"> 12 </td><td class=\"t m0 xd1b h15 y3505 ff2 fsd fc2 sc0 ls41 ws36\">More t<span class=\"_ _2\"></span>han <span class=\"ls1 ws1\"> </span></td><td></td></tr><tr><td></td><td class=\"t m0 xd1c h15 y3506 ff2 fsd fc2 sc0 ls1 ws1\">Not </td><td class=\"t m0 x9bc h15 y3506 ff2 fsd fc2 sc0 ls102 ws13e\">30 da<span class=\"_ _9\"></span>ys <span class=\"ls1 ws1\"> </span></td><td class=\"t m0 x559 h15 y3506 ff2 fsd fc2 sc0 ls74 ws1\">6 mon<span class=\"_ _9\"></span>ths<span class=\"_ _9\"></span> <span class=\"ls1\"> </span></td><td class=\"t m0 xa97 h15 y3507 ff2 fsd fc2 sc0 ls86 ws89\">month<span class=\"_ _9\"></span>s <span class=\"ls1 ws1\"> </span></td><td class=\"t m0 x339 h15 y3507 ff2 fsd fc2 sc0 ls74 ws1\">12 mon<span class=\"_ _9\"></span>ths<span class=\"_ _9\"></span> <span class=\"ls1\"> </span></td><td></td></tr><tr><td></td><td class=\"t m0 xd1d h15 y3508 ff2 fsd fc2 sc0 ls1 ws8e\"> past due<span class=\"_ _335\"> </span></td><td class=\"t m0 x792 h15 y3508 ff2 fsd fc2 sc0 ls1 ws8e\">past due<span class=\"_ _335\"> </span></td><td class=\"t m0 xd1e h15 y3508 ff2 fsd fc2 sc0 ls1 ws8e\">past due<span class=\"_ _335\"> </span></td><td class=\"t m0 x7c4 h15 y3509 ff2 fsd fc2 sc0 ls1 ws8e\">past due<span class=\"_ _335\"> </span></td><td class=\"t m0 x340 h15 y3509 ff2 fsd fc2 sc0 ls1 ws8e\">past due<span class=\"_ _335\"> </span></td><td class=\"t m0 x33a h15 y3509 ff2 fsd fc2 sc0 lsa4 wsb2\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x249 h15 y350a ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24a h15 y350a ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24b h15 y350a ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y350b ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y350b ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y350b ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"t m0 x297 h9 y350c ff2 fs6 fc2 sc0 ls22 ws1\">As at 31 March 202<span class=\"_ _11\"></span>6<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y32de w2a4 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws61\">Not i<span class=\"_ _2\"></span>mpai<span class=\"_ _11\"></span>red<span class=\"_ _335\"> </span></div></td><td class=\"c n x26b y32de w2f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x252 y32de w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">27<span class=\"_ _335\"> </span></div></td><td class=\"c n x536 y32de w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">23<span class=\"_ _335\"> </span></div></td><td class=\"c n x6fd y32de w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">13<span class=\"_ _335\"> </span></div></td><td class=\"c n x255 y32de w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td><td class=\"c n xaa1 y32de w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">74<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y334a w2a5 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">Impa<span class=\"_ _2\"></span>ired<span class=\"_ _335\"> </span></div></td><td class=\"c n xd1f y334a w2f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd20 y334a w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd21 y334a w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xd22 y334a w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x5a8 y334a w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">23<span class=\"_ _335\"> </span></div></td><td class=\"c n x5a9 y334a w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3403 w2a6 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">Gross trade receivable<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n x52c y3403 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x61b y3403 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">27<span class=\"_ _335\"> </span></div></td><td class=\"c n x61c y3403 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">25<span class=\"_ _335\"> </span></div></td><td class=\"c n xd23 y3403 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">16<span class=\"_ _335\"> </span></div></td><td class=\"c n xd24 y3403 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">34<span class=\"_ _335\"> </span></div></td><td class=\"c n xd25 y3403 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">102<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x297 h9 y350d ff3 fs6 fc2 sc0 ls22 ws1\">As a<span class=\"_ _9\"></span>t 3<span class=\"_ _11\"></span>1 M<span class=\"_ _9\"></span>arch 202<span class=\"_ _11\"></span>5<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y32e4 w2a4 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws61\">Not i<span class=\"_ _2\"></span>mpai<span class=\"_ _11\"></span>red<span class=\"_ _335\"> </span></div></td><td class=\"c n xd26 y32e4 w81 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x252 y32e4 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td><td class=\"c n x536 y32e4 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">25<span class=\"_ _335\"> </span></div></td><td class=\"c n x6fd y32e4 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td><td class=\"c n xd27 y32e4 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n x915 y32e4 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">70<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w2a5 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">Impa<span class=\"_ _2\"></span>ired<span class=\"_ _335\"> </span></div></td><td class=\"c n xd28 y32cc w81 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd29 y32cc w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5a3 y32cc w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x5a4 y32cc w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n x276 y32cc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">24<span class=\"_ _335\"> </span></div></td><td class=\"c n x277 y32cc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">29<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w2a6 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">Gross trade receivable<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xd2a y32cd w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd2b y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td><td class=\"c n xd2c y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">26<span class=\"_ _335\"> </span></div></td><td class=\"c n xd2d y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td><td class=\"c n x538 y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">31<span class=\"_ _335\"> </span></div></td><td class=\"c n x539 y32cd w34 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">99<span class=\"_ _335\"> </span></div></td></tr></table>None o<span class=\"_ _9\"></span>f the Gr<span class=\"_ _9\"></span>oup\u2019<span class=\"_ _11\"></span>s o<span class=\"_ _9\"></span>ther r<span class=\"_ _9\"></span>ece<span class=\"_ _9\"></span>ivabl<span class=\"_ _9\"></span>es are p<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>t due an<span class=\"_ _9\"></span>d ther<span class=\"_ _9\"></span>efor<span class=\"_ _9\"></span>e no age<span class=\"_ _9\"></span>ing ha<span class=\"_ _9\"></span>s be<span class=\"_ _9\"></span>en show<span class=\"_ _9\"></span>n (2025: \u00a3nil)<span class=\"_ _1\"></span>.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfPrepaymentsAndOtherAssetsExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-438": {
   "value": "26<span class=\"_ _b2\"> </span><span class=\"fc4 lsd2 wsf3\">TR<span class=\"_ _9\"></span>ADE AND OTHER<span class=\"_ _2\"></span> RECEIV<span class=\"_ _11\"></span>ABLES<span class=\"_ _335\"> </span></span>A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>T<span class=\"_ _11\"></span>rad<span class=\"_ _9\"></span>e and oth<span class=\"_ _9\"></span>er re<span class=\"_ _9\"></span>cei<span class=\"_ _9\"></span>vable<span class=\"_ _9\"></span>s are re<span class=\"_ _9\"></span>cog<span class=\"_ _9\"></span>nise<span class=\"_ _9\"></span>d initial<span class=\"_ _9\"></span>ly at fa<span class=\"_ _9\"></span>ir value, subse<span class=\"_ _9\"></span>que<span class=\"_ _9\"></span>ntly a<span class=\"_ _9\"></span>t amor<span class=\"_ _a\"></span>tised co<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t and, whe<span class=\"_ _9\"></span>re rel<span class=\"_ _9\"></span>evant, adjus<span class=\"_ _9\"></span>ted f<span class=\"_ _9\"></span>or the tim<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span>value of m<span class=\"_ _9\"></span>oney<span class=\"_ _11\"></span>. Th<span class=\"_ _9\"></span>e Group a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>ss<span class=\"_ _9\"></span>es on a fo<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>ward-lo<span class=\"_ _9\"></span>ok<span class=\"_ _9\"></span>ing ba<span class=\"_ _9\"></span>sis the ex<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ted c<span class=\"_ _9\"></span>redi<span class=\"_ _9\"></span>t los<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>s ass<span class=\"_ _9\"></span>ocia<span class=\"_ _9\"></span>ted w<span class=\"_ _9\"></span>ith i<span class=\"_ _9\"></span>ts tra<span class=\"_ _9\"></span>de rec<span class=\"_ _9\"></span>eivab<span class=\"_ _9\"></span>les. A prov<span class=\"_ _9\"></span>isio<span class=\"_ _9\"></span>n for<span class=\"_ _335\"> </span>impair<span class=\"_ _9\"></span>ment i<span class=\"_ _9\"></span>s mad<span class=\"_ _9\"></span>e for the l<span class=\"_ _9\"></span>ifeti<span class=\"_ _9\"></span>me exp<span class=\"_ _9\"></span>ec<span class=\"_ _a\"></span>ted cred<span class=\"_ _9\"></span>it los<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>s on initi<span class=\"_ _9\"></span>al rec<span class=\"_ _9\"></span>ogni<span class=\"_ _9\"></span>tion of t<span class=\"_ _9\"></span>he re<span class=\"_ _9\"></span>ceivab<span class=\"_ _9\"></span>le. If colle<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tion i<span class=\"_ _9\"></span>s exp<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d in mor<span class=\"_ _9\"></span>e than on<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span>year<span class=\"_ _1\"></span>, the balance is<span class=\"_ _11\"></span> pre<span class=\"_ _9\"></span>sented withi<span class=\"_ _2\"></span>n non-cur<span class=\"_ _2\"></span>rent assets.<span class=\"_ _335\"> </span>In dete<span class=\"_ _9\"></span>rmining th<span class=\"_ _9\"></span>e exp<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d cre<span class=\"_ _9\"></span>dit l<span class=\"_ _9\"></span>oss<span class=\"_ _9\"></span>es, the G<span class=\"_ _9\"></span>roup takes into ac<span class=\"_ _9\"></span>count a<span class=\"_ _9\"></span>ny recen<span class=\"_ _9\"></span>t pay<span class=\"_ _9\"></span>me<span class=\"_ _9\"></span>nt beh<span class=\"_ _9\"></span>av<span class=\"_ _9\"></span>iour<span class=\"_ _9\"></span>s and fu<span class=\"_ _9\"></span>ture exp<span class=\"_ _9\"></span>ec<span class=\"_ _a\"></span>tations o<span class=\"_ _9\"></span>f likely<span class=\"_ _335\"> </span>default e<span class=\"_ _2\"></span>vents (i<span class=\"_ _11\"></span>.e<span class=\"_ _11\"></span>. not making payment on t<span class=\"_ _2\"></span>he due date<span class=\"_ _1\"></span>) based on individual customer cr<span class=\"_ _2\"></span>edit ratings<span class=\"_ _11\"></span>, ac<span class=\"_ _9\"></span>tual or expected insolvency fili<span class=\"_ _2\"></span>ngs or compan<span class=\"_ _2\"></span>y volu<span class=\"_ _2\"></span>ntary arrangements a<span class=\"_ _2\"></span>nd mark<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>t expectations and trend<span class=\"_ _2\"></span>s in t<span class=\"_ _2\"></span>he wider macroeconomic en<span class=\"_ _11\"></span>vironment in which<span class=\"_ _2\"></span> our customers<span class=\"_ _335\"> </span>ope<span class=\"_ _9\"></span>rate. Where a c<span class=\"_ _9\"></span>onc<span class=\"_ _9\"></span>ess<span class=\"_ _9\"></span>ion is a<span class=\"_ _9\"></span>gree<span class=\"_ _9\"></span>d wi<span class=\"_ _9\"></span>th a cus<span class=\"_ _9\"></span>tom<span class=\"_ _9\"></span>er af<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>r the du<span class=\"_ _9\"></span>e date fo<span class=\"_ _9\"></span>r the re<span class=\"_ _9\"></span>nt, this amo<span class=\"_ _9\"></span>unt is re<span class=\"_ _9\"></span>cog<span class=\"_ _9\"></span>nise<span class=\"_ _9\"></span>d as an imp<span class=\"_ _9\"></span>airme<span class=\"_ _9\"></span>nt of th<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span>related trade<span class=\"_ _2\"></span> receivable<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>T<span class=\"_ _11\"></span>rade and ot<span class=\"_ _2\"></span>her receivables a<span class=\"_ _2\"></span>re written off once a<span class=\"_ _2\"></span>ll aven<span class=\"_ _2\"></span>ues to reco<span class=\"_ _2\"></span>ver the<span class=\"_ _2\"></span> balances are<span class=\"_ _2\"></span> exhausted and t<span class=\"_ _2\"></span>he lease has ended<span class=\"_ _11\"></span>. Receivables written<span class=\"_ _335\"> </span>off are<span class=\"_ _2\"></span> no longer su<span class=\"_ _2\"></span>bject to an<span class=\"_ _11\"></span>y enforcement activit<span class=\"_ _9\"></span>y<span class=\"_ _1\"></span>.<span class=\"_ _335\"> </span>S<span class=\"_ _87\"> </span><span class=\"fc2 lsd0 wsa4\">SOURCE<span class=\"_ _11\"></span> OF ESTIMA<span class=\"_ _11\"></span>TION UNCERT<span class=\"_ _1\"></span>AINT<span class=\"_ _9\"></span>Y<span class=\"_ _335\"> </span></span>IMP<span class=\"_ _11\"></span>AIRMENT OF TRADE RECEIV<span class=\"_ _11\"></span>ABLES<span class=\"_ _335\"> </span>The Gr<span class=\"_ _9\"></span>oup\u2019<span class=\"_ _11\"></span>s as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ssm<span class=\"_ _9\"></span>ent of ex<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ted c<span class=\"_ _9\"></span>redi<span class=\"_ _9\"></span>t los<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>s is inhe<span class=\"_ _9\"></span>rentl<span class=\"_ _9\"></span>y subjec<span class=\"_ _a\"></span>tive due to the fo<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>ward-lo<span class=\"_ _9\"></span>ok<span class=\"_ _9\"></span>ing na<span class=\"_ _9\"></span>ture of the a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>ss<span class=\"_ _9\"></span>ment<span class=\"_ _9\"></span>s. As a re<span class=\"_ _9\"></span>sult,<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> the value o<span class=\"_ _9\"></span>f the prov<span class=\"_ _9\"></span>isio<span class=\"_ _9\"></span>ns for i<span class=\"_ _9\"></span>mpair<span class=\"_ _9\"></span>ment o<span class=\"_ _9\"></span>f the Gr<span class=\"_ _9\"></span>oup\u2019<span class=\"_ _11\"></span>s tra<span class=\"_ _9\"></span>de re<span class=\"_ _9\"></span>ceiva<span class=\"_ _9\"></span>ble<span class=\"_ _9\"></span>s are subje<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t to a de<span class=\"_ _9\"></span>gree o<span class=\"_ _9\"></span>f uncer<span class=\"_ _a\"></span>taint<span class=\"_ _9\"></span>y and are m<span class=\"_ _9\"></span>ade on th<span class=\"_ _9\"></span>e ba<span class=\"_ _9\"></span>sis of<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> assum<span class=\"_ _9\"></span>ptio<span class=\"_ _9\"></span>ns whi<span class=\"_ _9\"></span>ch ma<span class=\"_ _9\"></span>y not p<span class=\"_ _9\"></span>rove to be ac<span class=\"_ _9\"></span>cura<span class=\"_ _9\"></span>te. See note 2<span class=\"_ _9\"></span>5 for fu<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>ther d<span class=\"_ _9\"></span>etail<span class=\"_ _9\"></span>s of the G<span class=\"_ _9\"></span>roup\u2019<span class=\"_ _11\"></span>s a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>ssm<span class=\"_ _9\"></span>ent o<span class=\"_ _9\"></span>f the cre<span class=\"_ _9\"></span>dit ri<span class=\"_ _9\"></span>sk as<span class=\"_ _9\"></span>soc<span class=\"_ _9\"></span>iate<span class=\"_ _9\"></span>d wi<span class=\"_ _9\"></span>th<span class=\"_ _335\"> </span> trade receiva<span class=\"_ _11\"></span>b<span class=\"_ _9\"></span>les.<span class=\"_ _335\"> </span><table class=\"s w295 hf5\" id=\"_c9e5e46b-d5d0-4604-aa5d-c9d8aad620c0\"><tr><td></td><td class=\"t m0 x2ba h15 y3501 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y3501 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24d h15 y3502 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3502 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y330a w296 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Net trade receiv<span class=\"_ _2\"></span>ables<span class=\"_ _335\"> </span></div></td><td class=\"c n x61d y330a w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">74<span class=\"_ _335\"> </span></div></td><td class=\"c n x61e y330a w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">70<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y330b w297 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">T<span class=\"_ _11\"></span>enant lease incen<span class=\"_ _2\"></span>tives<span class=\"_ _335\"> </span></div></td><td class=\"c n x749 y330b w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">258<span class=\"_ _335\"> </span></div></td><td class=\"c n x74a y330b w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">242<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32db w298 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws48\">Prepayments<span class=\"_ _335\"> </span></div></td><td class=\"c n xd13 y32db w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">66<span class=\"_ _335\"> </span></div></td><td class=\"c n xc32 y32db w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">69<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32dc w299 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Accrued income<span class=\"_ _335\"> </span></div></td><td class=\"c n x61d y32dc w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">18<span class=\"_ _335\"> </span></div></td><td class=\"c n x61e y32dc w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">21<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y335b w29a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Amo<span class=\"_ _9\"></span>unts d<span class=\"_ _9\"></span>ue from j<span class=\"_ _9\"></span>oint ventu<span class=\"_ _9\"></span>res<span class=\"_ _335\"> </span></div></td><td class=\"c n xd14 y335b w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">13<span class=\"_ _335\"> </span></div></td><td class=\"c n x5af y335b w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">12<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32df w29b hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Deferred consideration<span class=\"_ _335\"> </span></div></td><td class=\"c n x61d y32df w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td><td class=\"c n x976 y32df w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e0 w29c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other receivables<span class=\"_ _335\"> </span></div></td><td class=\"c n x61d y32e0 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">52<span class=\"_ _335\"> </span></div></td><td class=\"c n x61e y32e0 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">51<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e1 w29d hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">T<span class=\"_ _11\"></span>ota<span class=\"_ _2\"></span>l cu<span class=\"_ _2\"></span>rrent<span class=\"_ _11\"></span> trade and ot<span class=\"_ _11\"></span>her receivables<span class=\"_ _335\"> </span></div></td><td class=\"c n xd15 y32e1 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">491<span class=\"_ _335\"> </span></div></td><td class=\"c n xd16 y32e1 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">467<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e2 w29e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Non-curren<span class=\"_ _2\"></span>t amounts due<span class=\"_ _11\"></span> from joint vent<span class=\"_ _11\"></span>ures<span class=\"_ _335\"> </span></div></td><td class=\"c n xd17 y32e2 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">98<span class=\"_ _335\"> </span></div></td><td class=\"c n x72e y32e2 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">116<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e3 w29f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Non-curren<span class=\"_ _2\"></span>t prepayments<span class=\"_ _335\"> </span></div></td><td class=\"c n x61d y32e3 w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">31<span class=\"_ _335\"> </span></div></td><td class=\"c n x61e y32e3 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">24<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e4 w2a0 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Non-curren<span class=\"_ _2\"></span>t deferred consider<span class=\"_ _2\"></span>ation<span class=\"_ _335\"> </span></div></td><td class=\"c n x61d y32e4 w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">19<span class=\"_ _335\"> </span></div></td><td class=\"c n x61e y32e4 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">78<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w2a1 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other non-current<span class=\"_ _2\"></span> receivables<span class=\"_ _335\"> </span></div></td><td class=\"c n x2cc y32cc w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd18 y32cc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w2a2 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">T<span class=\"_ _11\"></span>ota<span class=\"_ _2\"></span>l tr<span class=\"_ _2\"></span>ade and o<span class=\"_ _2\"></span>ther r<span class=\"_ _2\"></span>eceiva<span class=\"_ _2\"></span>bles<span class=\"_ _335\"> </span></div></td><td class=\"c n xd19 y32cd w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">639<span class=\"_ _335\"> </span></div></td><td class=\"c n xa8a y32cd w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">696<span class=\"_ _335\"> </span></div></td></tr></table>The account<span class=\"_ _2\"></span>ing for<span class=\"_ _2\"></span> lease incentiv<span class=\"_ _2\"></span>es is set out in<span class=\"_ _11\"></span> no<span class=\"_ _9\"></span>te 6<span class=\"_ _11\"></span>. The value<span class=\"_ _2\"></span> of the t<span class=\"_ _11\"></span>enant lease incentive<span class=\"_ _11\"></span>, included in cu<span class=\"_ _2\"></span>rrent tr<span class=\"_ _2\"></span>ade and ot<span class=\"_ _2\"></span>her receivables, is spre<span class=\"_ _9\"></span>ad ove<span class=\"_ _9\"></span>r the le<span class=\"_ _9\"></span>ase te<span class=\"_ _9\"></span>rm.<span class=\"_ _335\"> </span>The no<span class=\"_ _9\"></span>n-curr<span class=\"_ _9\"></span>ent amo<span class=\"_ _9\"></span>unt<span class=\"_ _9\"></span>s due fro<span class=\"_ _9\"></span>m joint ve<span class=\"_ _9\"></span>ntures h<span class=\"_ _9\"></span>ave ma<span class=\"_ _9\"></span>turi<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y date<span class=\"_ _9\"></span>s rangin<span class=\"_ _9\"></span>g from Ap<span class=\"_ _9\"></span>ril 2028 to the dis<span class=\"_ _9\"></span>solu<span class=\"_ _9\"></span>tion o<span class=\"_ _9\"></span>f the join<span class=\"_ _9\"></span>t venture. Intere<span class=\"_ _9\"></span>st<span class=\"_ _9\"></span> is charge<span class=\"_ _9\"></span>d at rates ranging fro<span class=\"_ _9\"></span>m <span class=\"ff2 ls12e ws163\">4%<span class=\"_ _9\"></span></span><span class=\"ls8e ws191\"> to <span class=\"ff2 ls1 ws1\">5<span class=\"_ _2\"></span><span class=\"ff3 ls22\">% (2025: 4<span class=\"_ _11\"></span>% to 5%<span class=\"_ _11\"></span>)<span class=\"_ _1\"></span>.<span class=\"_ _335\"> </span></span></span></span>AGEING<span class=\"_ _11\"></span> OF TR<span class=\"_ _9\"></span>ADE RECEIV<span class=\"_ _11\"></span>ABLES<span class=\"_ _335\"> </span><table class=\"s w2a3 hf6\" id=\"_2d556a84-3e57-435c-9e63-66381b494565\"><tr><td></td><td></td><td></td><td></td><td class=\"t m0 x4ef h15 y3503 ff2 fsd fc2 sc0 ls74 ws1\">Up to<span class=\"_ _335\"> </span></td><td></td><td></td></tr><tr><td></td><td></td><td class=\"t m0 x243 h15 y3504 ff2 fsd fc2 sc0 ls74 ws1\">Up to </td><td class=\"t m0 x9c1 h15 y3504 ff2 fsd fc2 sc0 ls74 ws1\">Up to </td><td class=\"t m0 xd1a h15 y3505 ff2 fsd fc2 sc0 ls74 ws1\"> 12 </td><td class=\"t m0 xd1b h15 y3505 ff2 fsd fc2 sc0 ls41 ws36\">More t<span class=\"_ _2\"></span>han <span class=\"ls1 ws1\"> </span></td><td></td></tr><tr><td></td><td class=\"t m0 xd1c h15 y3506 ff2 fsd fc2 sc0 ls1 ws1\">Not </td><td class=\"t m0 x9bc h15 y3506 ff2 fsd fc2 sc0 ls102 ws13e\">30 da<span class=\"_ _9\"></span>ys <span class=\"ls1 ws1\"> </span></td><td class=\"t m0 x559 h15 y3506 ff2 fsd fc2 sc0 ls74 ws1\">6 mon<span class=\"_ _9\"></span>ths<span class=\"_ _9\"></span> <span class=\"ls1\"> </span></td><td class=\"t m0 xa97 h15 y3507 ff2 fsd fc2 sc0 ls86 ws89\">month<span class=\"_ _9\"></span>s <span class=\"ls1 ws1\"> </span></td><td class=\"t m0 x339 h15 y3507 ff2 fsd fc2 sc0 ls74 ws1\">12 mon<span class=\"_ _9\"></span>ths<span class=\"_ _9\"></span> <span class=\"ls1\"> </span></td><td></td></tr><tr><td></td><td class=\"t m0 xd1d h15 y3508 ff2 fsd fc2 sc0 ls1 ws8e\"> past due<span class=\"_ _335\"> </span></td><td class=\"t m0 x792 h15 y3508 ff2 fsd fc2 sc0 ls1 ws8e\">past due<span class=\"_ _335\"> </span></td><td class=\"t m0 xd1e h15 y3508 ff2 fsd fc2 sc0 ls1 ws8e\">past due<span class=\"_ _335\"> </span></td><td class=\"t m0 x7c4 h15 y3509 ff2 fsd fc2 sc0 ls1 ws8e\">past due<span class=\"_ _335\"> </span></td><td class=\"t m0 x340 h15 y3509 ff2 fsd fc2 sc0 ls1 ws8e\">past due<span class=\"_ _335\"> </span></td><td class=\"t m0 x33a h15 y3509 ff2 fsd fc2 sc0 lsa4 wsb2\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x249 h15 y350a ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24a h15 y350a ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24b h15 y350a ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y350b ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y350b ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y350b ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"t m0 x297 h9 y350c ff2 fs6 fc2 sc0 ls22 ws1\">As at 31 March 202<span class=\"_ _11\"></span>6<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y32de w2a4 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws61\">Not i<span class=\"_ _2\"></span>mpai<span class=\"_ _11\"></span>red<span class=\"_ _335\"> </span></div></td><td class=\"c n x26b y32de w2f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x252 y32de w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">27<span class=\"_ _335\"> </span></div></td><td class=\"c n x536 y32de w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">23<span class=\"_ _335\"> </span></div></td><td class=\"c n x6fd y32de w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">13<span class=\"_ _335\"> </span></div></td><td class=\"c n x255 y32de w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td><td class=\"c n xaa1 y32de w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">74<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y334a w2a5 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">Impa<span class=\"_ _2\"></span>ired<span class=\"_ _335\"> </span></div></td><td class=\"c n xd1f y334a w2f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd20 y334a w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd21 y334a w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xd22 y334a w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x5a8 y334a w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">23<span class=\"_ _335\"> </span></div></td><td class=\"c n x5a9 y334a w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3403 w2a6 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">Gross trade receivable<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n x52c y3403 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x61b y3403 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">27<span class=\"_ _335\"> </span></div></td><td class=\"c n x61c y3403 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">25<span class=\"_ _335\"> </span></div></td><td class=\"c n xd23 y3403 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">16<span class=\"_ _335\"> </span></div></td><td class=\"c n xd24 y3403 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">34<span class=\"_ _335\"> </span></div></td><td class=\"c n xd25 y3403 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">102<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x297 h9 y350d ff3 fs6 fc2 sc0 ls22 ws1\">As a<span class=\"_ _9\"></span>t 3<span class=\"_ _11\"></span>1 M<span class=\"_ _9\"></span>arch 202<span class=\"_ _11\"></span>5<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y32e4 w2a4 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws61\">Not i<span class=\"_ _2\"></span>mpai<span class=\"_ _11\"></span>red<span class=\"_ _335\"> </span></div></td><td class=\"c n xd26 y32e4 w81 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x252 y32e4 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td><td class=\"c n x536 y32e4 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">25<span class=\"_ _335\"> </span></div></td><td class=\"c n x6fd y32e4 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td><td class=\"c n xd27 y32e4 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n x915 y32e4 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">70<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w2a5 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">Impa<span class=\"_ _2\"></span>ired<span class=\"_ _335\"> </span></div></td><td class=\"c n xd28 y32cc w81 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd29 y32cc w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x5a3 y32cc w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x5a4 y32cc w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n x276 y32cc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">24<span class=\"_ _335\"> </span></div></td><td class=\"c n x277 y32cc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">29<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w2a6 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">Gross trade receivable<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xd2a y32cd w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd2b y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">28<span class=\"_ _335\"> </span></div></td><td class=\"c n xd2c y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">26<span class=\"_ _335\"> </span></div></td><td class=\"c n xd2d y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td><td class=\"c n x538 y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">31<span class=\"_ _335\"> </span></div></td><td class=\"c n x539 y32cd w34 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">99<span class=\"_ _335\"> </span></div></td></tr></table>None o<span class=\"_ _9\"></span>f the Gr<span class=\"_ _9\"></span>oup\u2019<span class=\"_ _11\"></span>s o<span class=\"_ _9\"></span>ther r<span class=\"_ _9\"></span>ece<span class=\"_ _9\"></span>ivabl<span class=\"_ _9\"></span>es are p<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>t due an<span class=\"_ _9\"></span>d ther<span class=\"_ _9\"></span>efor<span class=\"_ _9\"></span>e no age<span class=\"_ _9\"></span>ing ha<span class=\"_ _9\"></span>s be<span class=\"_ _9\"></span>en show<span class=\"_ _9\"></span>n (2025: \u00a3nil)<span class=\"_ _1\"></span>.<span class=\"_ _335\"> </span>29<span class=\"_ _b2\"> </span><span class=\"fc4 lsd2 wsf3\">OTHER NON-CURRENT ASSETS<span class=\"_ _335\"> </span></span><table class=\"s w2b3 hd4\" id=\"_887b41cc-5a60-4006-83e6-863015e0aaee\"><tr><td></td><td class=\"t m0 x2ba h15 y3513 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y3513 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24d h15 y3514 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3514 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32ca w2b4 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Net p<span class=\"_ _9\"></span>ens<span class=\"_ _9\"></span>ion surp<span class=\"_ _9\"></span>lus (<span class=\"_ _2\"></span>note 34)<span class=\"_ _335\"> </span></div></td><td class=\"c n x61d y32ca w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td><td class=\"c n x61e y32ca w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w2b5 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Der<span class=\"_ _9\"></span>ivati<span class=\"_ _9\"></span>ve financi<span class=\"_ _9\"></span>al ins<span class=\"_ _9\"></span>trum<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s (<span class=\"_ _11\"></span>n<span class=\"_ _9\"></span>ote 2<span class=\"_ _2\"></span>4)<span class=\"_ _335\"> </span></div></td><td class=\"c n xd46 y32cb w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">25<span class=\"_ _335\"> </span></div></td><td class=\"c n xd47 y32cb w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w2b6 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">O<span class=\"_ _9\"></span>ther inves<span class=\"_ _9\"></span>tm<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n x538 y32cc w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td><td class=\"c n x9ee y32cc w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">9<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w2b7 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">T<span class=\"_ _11\"></span>ota<span class=\"_ _2\"></span>l ot<span class=\"_ _2\"></span>her non-cu<span class=\"_ _11\"></span>rrent assets<span class=\"_ _335\"> </span></div></td><td class=\"c n xd48 y32cd w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">45<span class=\"_ _335\"> </span></div></td><td class=\"c n xd49 y32cd w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td></tr></table>30<span class=\"_ _b2\"> </span><span class=\"fc4 ls16d ws1ae\">OT<span class=\"_ _11\"></span>HER C<span class=\"_ _11\"></span>URRENT<span class=\"_ _2\"></span> ASSE<span class=\"_ _2\"></span>TS<span class=\"_ _335\"> </span></span><table class=\"s w2b8 hf8\" id=\"_6493c011-8ff0-4dd1-93a2-2f98f398d1e8\"><tr><td></td><td class=\"t m0 x2ba h15 y3515 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y3515 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24d h15 y34ba ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y34ba ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32cb w2b5 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Der<span class=\"_ _9\"></span>ivati<span class=\"_ _9\"></span>ve financi<span class=\"_ _9\"></span>al ins<span class=\"_ _9\"></span>trum<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s (<span class=\"_ _11\"></span>n<span class=\"_ _9\"></span>ote 2<span class=\"_ _2\"></span>4)<span class=\"_ _335\"> </span></div></td><td class=\"c n x393 y32cb w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td><td class=\"c n xd4a y32cb w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w2b9 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Curren<span class=\"_ _9\"></span>t tax ass<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n x733 y32cc w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xacc y32cc w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w2ba hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">T<span class=\"_ _11\"></span>otal other curr<span class=\"_ _9\"></span>ent ass<span class=\"_ _9\"></span>ets<span class=\"_ _335\"> </span></div></td><td class=\"c n x2ad y32cd w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n x2ae y32cd w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4</div></td></tr></table>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOtherAssetsExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-460": {
   "value": "A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>T<span class=\"_ _11\"></span>rad<span class=\"_ _9\"></span>e and oth<span class=\"_ _9\"></span>er re<span class=\"_ _9\"></span>cei<span class=\"_ _9\"></span>vable<span class=\"_ _9\"></span>s are re<span class=\"_ _9\"></span>cog<span class=\"_ _9\"></span>nise<span class=\"_ _9\"></span>d initial<span class=\"_ _9\"></span>ly at fa<span class=\"_ _9\"></span>ir value, subse<span class=\"_ _9\"></span>que<span class=\"_ _9\"></span>ntly a<span class=\"_ _9\"></span>t amor<span class=\"_ _a\"></span>tised co<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t and, whe<span class=\"_ _9\"></span>re rel<span class=\"_ _9\"></span>evant, adjus<span class=\"_ _9\"></span>ted f<span class=\"_ _9\"></span>or the tim<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span> value of m<span class=\"_ _9\"></span>oney<span class=\"_ _11\"></span>. Th<span class=\"_ _9\"></span>e Group a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>ss<span class=\"_ _9\"></span>es on a fo<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>ward-lo<span class=\"_ _9\"></span>ok<span class=\"_ _9\"></span>ing ba<span class=\"_ _9\"></span>sis the ex<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ted c<span class=\"_ _9\"></span>redi<span class=\"_ _9\"></span>t los<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>s ass<span class=\"_ _9\"></span>ocia<span class=\"_ _9\"></span>ted w<span class=\"_ _9\"></span>ith i<span class=\"_ _9\"></span>ts tra<span class=\"_ _9\"></span>de rec<span class=\"_ _9\"></span>eivab<span class=\"_ _9\"></span>les. A prov<span class=\"_ _9\"></span>isio<span class=\"_ _9\"></span>n for<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> impair<span class=\"_ _9\"></span>ment i<span class=\"_ _9\"></span>s mad<span class=\"_ _9\"></span>e for the l<span class=\"_ _9\"></span>ifeti<span class=\"_ _9\"></span>me exp<span class=\"_ _9\"></span>ec<span class=\"_ _a\"></span>ted cred<span class=\"_ _9\"></span>it los<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>s on initi<span class=\"_ _9\"></span>al rec<span class=\"_ _9\"></span>ogni<span class=\"_ _9\"></span>tion of t<span class=\"_ _9\"></span>he re<span class=\"_ _9\"></span>ceivab<span class=\"_ _9\"></span>le. If colle<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tion i<span class=\"_ _9\"></span>s exp<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d in mor<span class=\"_ _9\"></span>e than on<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span> year<span class=\"_ _1\"></span>, the balance is<span class=\"_ _11\"></span> pre<span class=\"_ _9\"></span>sented withi<span class=\"_ _2\"></span>n non-cur<span class=\"_ _2\"></span>rent assets.<span class=\"_ _335\"> </span>In dete<span class=\"_ _9\"></span>rmining th<span class=\"_ _9\"></span>e exp<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d cre<span class=\"_ _9\"></span>dit l<span class=\"_ _9\"></span>oss<span class=\"_ _9\"></span>es, the G<span class=\"_ _9\"></span>roup takes into ac<span class=\"_ _9\"></span>count a<span class=\"_ _9\"></span>ny recen<span class=\"_ _9\"></span>t pay<span class=\"_ _9\"></span>me<span class=\"_ _9\"></span>nt beh<span class=\"_ _9\"></span>av<span class=\"_ _9\"></span>iour<span class=\"_ _9\"></span>s and fu<span class=\"_ _9\"></span>ture exp<span class=\"_ _9\"></span>ec<span class=\"_ _a\"></span>tations o<span class=\"_ _9\"></span>f likely<span class=\"_ _335\"> </span> default e<span class=\"_ _2\"></span>vents (i<span class=\"_ _11\"></span>.e<span class=\"_ _11\"></span>. not making payment on t<span class=\"_ _2\"></span>he due date<span class=\"_ _1\"></span>) based on individual customer cr<span class=\"_ _2\"></span>edit ratings<span class=\"_ _11\"></span>, ac<span class=\"_ _9\"></span>tual or expected insolvency fili<span class=\"_ _2\"></span>ngs <span class=\"ls1 ws1\"> </span>or compan<span class=\"_ _2\"></span>y volu<span class=\"_ _2\"></span>ntary arrangements a<span class=\"_ _2\"></span>nd mark<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>t expectations and trend<span class=\"_ _2\"></span>s in t<span class=\"_ _2\"></span>he wider macroeconomic en<span class=\"_ _11\"></span>vironment in which<span class=\"_ _2\"></span> our customers<span class=\"_ _335\"> </span> ope<span class=\"_ _9\"></span>rate. Where a c<span class=\"_ _9\"></span>onc<span class=\"_ _9\"></span>ess<span class=\"_ _9\"></span>ion is a<span class=\"_ _9\"></span>gree<span class=\"_ _9\"></span>d wi<span class=\"_ _9\"></span>th a cus<span class=\"_ _9\"></span>tom<span class=\"_ _9\"></span>er af<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>r the du<span class=\"_ _9\"></span>e date fo<span class=\"_ _9\"></span>r the re<span class=\"_ _9\"></span>nt, this amo<span class=\"_ _9\"></span>unt is re<span class=\"_ _9\"></span>cog<span class=\"_ _9\"></span>nise<span class=\"_ _9\"></span>d as an imp<span class=\"_ _9\"></span>airme<span class=\"_ _9\"></span>nt of th<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span> related trade<span class=\"_ _2\"></span> receivable<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>T<span class=\"_ _11\"></span>rade and ot<span class=\"_ _2\"></span>her receivables a<span class=\"_ _2\"></span>re written off once a<span class=\"_ _2\"></span>ll aven<span class=\"_ _2\"></span>ues to reco<span class=\"_ _2\"></span>ver the<span class=\"_ _2\"></span> balances are<span class=\"_ _2\"></span> exhausted and t<span class=\"_ _2\"></span>he lease has ended<span class=\"_ _11\"></span>. Receivables written<span class=\"_ _335\"> </span> off are<span class=\"_ _2\"></span> no longer su<span class=\"_ _2\"></span>bject to an<span class=\"_ _11\"></span>y enforcement activit<span class=\"_ _9\"></span>y<span class=\"_ _1\"></span>.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-429": {
   "value": "<table class=\"s w295 hf5\" id=\"_c9e5e46b-d5d0-4604-aa5d-c9d8aad620c0\"><tr><td></td><td class=\"t m0 x2ba h15 y3501 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y3501 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24d h15 y3502 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3502 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y330a w296 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Net trade receiv<span class=\"_ _2\"></span>ables<span class=\"_ _335\"> </span></div></td><td class=\"c n x61d y330a w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">74<span class=\"_ _335\"> </span></div></td><td class=\"c n x61e y330a w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">70<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y330b w297 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">T<span class=\"_ _11\"></span>enant lease incen<span class=\"_ _2\"></span>tives<span class=\"_ _335\"> </span></div></td><td class=\"c n x749 y330b w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">258<span class=\"_ _335\"> </span></div></td><td class=\"c n x74a y330b w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">242<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32db w298 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws48\">Prepayments<span class=\"_ _335\"> </span></div></td><td class=\"c n xd13 y32db w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">66<span class=\"_ _335\"> </span></div></td><td class=\"c n xc32 y32db w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">69<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32dc w299 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Accrued income<span class=\"_ _335\"> </span></div></td><td class=\"c n x61d y32dc w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">18<span class=\"_ _335\"> </span></div></td><td class=\"c n x61e y32dc w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">21<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y335b w29a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Amo<span class=\"_ _9\"></span>unts d<span class=\"_ _9\"></span>ue from j<span class=\"_ _9\"></span>oint ventu<span class=\"_ _9\"></span>res<span class=\"_ _335\"> </span></div></td><td class=\"c n xd14 y335b w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">13<span class=\"_ _335\"> </span></div></td><td class=\"c n x5af y335b w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">12<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32df w29b hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Deferred consideration<span class=\"_ _335\"> </span></div></td><td class=\"c n x61d y32df w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td><td class=\"c n x976 y32df w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e0 w29c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other receivables<span class=\"_ _335\"> </span></div></td><td class=\"c n x61d y32e0 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">52<span class=\"_ _335\"> </span></div></td><td class=\"c n x61e y32e0 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">51<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e1 w29d hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">T<span class=\"_ _11\"></span>ota<span class=\"_ _2\"></span>l cu<span class=\"_ _2\"></span>rrent<span class=\"_ _11\"></span> trade and ot<span class=\"_ _11\"></span>her receivables<span class=\"_ _335\"> </span></div></td><td class=\"c n xd15 y32e1 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">491<span class=\"_ _335\"> </span></div></td><td class=\"c n xd16 y32e1 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">467<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e2 w29e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Non-curren<span class=\"_ _2\"></span>t amounts due<span class=\"_ _11\"></span> from joint vent<span class=\"_ _11\"></span>ures<span class=\"_ _335\"> </span></div></td><td class=\"c n xd17 y32e2 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">98<span class=\"_ _335\"> </span></div></td><td class=\"c n x72e y32e2 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">116<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e3 w29f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Non-curren<span class=\"_ _2\"></span>t prepayments<span class=\"_ _335\"> </span></div></td><td class=\"c n x61d y32e3 w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">31<span class=\"_ _335\"> </span></div></td><td class=\"c n x61e y32e3 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">24<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e4 w2a0 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Non-curren<span class=\"_ _2\"></span>t deferred consider<span class=\"_ _2\"></span>ation<span class=\"_ _335\"> </span></div></td><td class=\"c n x61d y32e4 w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">19<span class=\"_ _335\"> </span></div></td><td class=\"c n x61e y32e4 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">78<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w2a1 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other non-current<span class=\"_ _2\"></span> receivables<span class=\"_ _335\"> </span></div></td><td class=\"c n x2cc y32cc w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd18 y32cc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w2a2 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">T<span class=\"_ _11\"></span>ota<span class=\"_ _2\"></span>l tr<span class=\"_ _2\"></span>ade and o<span class=\"_ _2\"></span>ther r<span class=\"_ _2\"></span>eceiva<span class=\"_ _2\"></span>bles<span class=\"_ _335\"> </span></div></td><td class=\"c n xd19 y32cd w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">639<span class=\"_ _335\"> </span></div></td><td class=\"c n xa8a y32cd w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">696<span class=\"_ _335\"> </span></div></td></tr></table><div class=\"t m0 ha2 ff1 fs7 fc0 sc0 ls46 ws5b gs3f5\">30<span class=\"_ _b2\"> </span><span class=\"fc4 ls16d ws1ae\">OT<span class=\"_ _11\"></span>HER C<span class=\"_ _11\"></span>URRENT<span class=\"_ _2\"></span> ASSE<span class=\"_ _2\"></span>TS<span class=\"_ _335\"> </span></span></div><div class=\"gs2f0\"><table class=\"s w2b8 hf8\" id=\"_6493c011-8ff0-4dd1-93a2-2f98f398d1e8\"><tr><td></td><td class=\"t m0 x2ba h15 y3515 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y3515 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24d h15 y34ba ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y34ba ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32cb w2b5 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Der<span class=\"_ _9\"></span>ivati<span class=\"_ _9\"></span>ve financi<span class=\"_ _9\"></span>al ins<span class=\"_ _9\"></span>trum<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s (<span class=\"_ _11\"></span>n<span class=\"_ _9\"></span>ote 2<span class=\"_ _2\"></span>4)<span class=\"_ _335\"> </span></div></td><td class=\"c n x393 y32cb w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td><td class=\"c n xd4a y32cb w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w2b9 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Curren<span class=\"_ _9\"></span>t tax ass<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n x733 y32cc w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xacc y32cc w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w2ba hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">T<span class=\"_ _11\"></span>otal other curr<span class=\"_ _9\"></span>ent ass<span class=\"_ _9\"></span>ets<span class=\"_ _335\"> </span></div></td><td class=\"c n x2ad y32cd w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n x2ae y32cd w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4</div></td></tr></table></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOtherCurrentAssetsExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-388": {
   "value": "27<span class=\"_ _80\"> </span><span class=\"fc4 lsd2 wsf3\">TRADE AND OTHER P<span class=\"_ _1\"></span>A<span class=\"_ _1\"></span>Y<span class=\"_ _11\"></span>ABLES<span class=\"_ _335\"> </span></span><table class=\"s w2a7 hf7\" id=\"_a47def34-5621-4ae3-8483-e7471f29024a\"><tr><td></td><td></td><td class=\"c n x2b6 y350e w4e hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls76 ws13e\">Group<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n x2b7 y350e w4f hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls3f wsbc\">Co<span class=\"_ _9\"></span>m<span class=\"_ _9\"></span>pa<span class=\"_ _9\"></span>ny<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"t m0 x2b8 h15 y350f ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x2b9 h15 y350f ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td><td class=\"t m0 x2ba h15 y350f ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y350f ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24b h15 y3510 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y3510 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y3510 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3510 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y335a w283 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">T<span class=\"_ _11\"></span>rade payables<span class=\"_ _335\"> </span></div></td><td class=\"c n xd2e y335a w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">37<span class=\"_ _335\"> </span></div></td><td class=\"c n xd2f y335a w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">30<span class=\"_ _335\"> </span></div></td><td class=\"c n xd30 y335a w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd31 y335a w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y335b w284 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1e wsb4\">Capital accruals<span class=\"_ _335\"> </span></div></td><td class=\"c n x765 y335b w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">70<span class=\"_ _335\"> </span></div></td><td class=\"c n x766 y335b w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">70<span class=\"_ _335\"> </span></div></td><td class=\"c n x2f5 y335b w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x3eb y335b w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32df w286 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other payables<span class=\"_ _335\"> </span></div></td><td class=\"c n x414 y32df w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">41<span class=\"_ _335\"> </span></div></td><td class=\"c n xd32 y32df w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">8<span class=\"_ _335\"> </span></div></td><td class=\"c n xd33 y32df w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd34 y32df w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e0 w285 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1e ws86\">Accruals<span class=\"_ _335\"> </span></div></td><td class=\"c n x599 y32e0 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">91<span class=\"_ _335\"> </span></div></td><td class=\"c n xd35 y32e0 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">155<span class=\"_ _335\"> </span></div></td><td class=\"c n x3fe y32e0 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x3ff y32e0 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e1 w2a8 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Deferred income<span class=\"_ _335\"> </span></div></td><td class=\"c n x298 y32e1 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">121<span class=\"_ _335\"> </span></div></td><td class=\"c n x2f4 y32e1 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">129<span class=\"_ _335\"> </span></div></td><td class=\"c n x2f5 y32e1 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x3eb y32e1 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e2 w2a9 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Amo<span class=\"_ _9\"></span>unts owe<span class=\"_ _9\"></span>d to join<span class=\"_ _9\"></span>t venture<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xd36 y32e2 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n xd37 y32e2 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td><td class=\"c n xd38 y32e2 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd39 y32e2 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32ca w2aa hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Loans from<span class=\"_ _2\"></span> Group undertakings<span class=\"_ _335\"> </span></div></td><td class=\"c n x2f1 y32ca w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x618 y32ca w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd3a y32ca w66 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,658<span class=\"_ _335\"> </span></div></td><td class=\"c n xd3b y32ca w5e hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,750<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w2ab hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">T<span class=\"_ _11\"></span>ota<span class=\"_ _2\"></span>l cu<span class=\"_ _2\"></span>rrent<span class=\"_ _11\"></span> trade and ot<span class=\"_ _11\"></span>her payables<span class=\"_ _335\"> </span></div></td><td class=\"c n xd3c y32cb w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">363<span class=\"_ _335\"> </span></div></td><td class=\"c n xd3d y32cb w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">406<span class=\"_ _335\"> </span></div></td><td class=\"c n xd3e y32cb w58 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,658<span class=\"_ _335\"> </span></div></td><td class=\"c n x38f y32cb w59 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,750<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w2ac hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Non-curren<span class=\"_ _2\"></span>t other payables<span class=\"_ _335\"> </span></div></td><td class=\"c n xd3f y32cc w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">40<span class=\"_ _335\"> </span></div></td><td class=\"c n xd40 y32cc w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">44<span class=\"_ _335\"> </span></div></td><td class=\"c n xd41 y32cc w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x3e8 y32cc w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w2ad hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">T<span class=\"_ _11\"></span>ota<span class=\"_ _2\"></span>l tr<span class=\"_ _2\"></span>ade and o<span class=\"_ _2\"></span>ther pay<span class=\"_ _11\"></span>ables<span class=\"_ _335\"> </span></div></td><td class=\"c n xd3c y32cd w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">403<span class=\"_ _335\"> </span></div></td><td class=\"c n xd3d y32cd w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">450<span class=\"_ _335\"> </span></div></td><td class=\"c n xd3e y32cd w58 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,658<span class=\"_ _335\"> </span></div></td><td class=\"c n x38f y32cd w59 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,750<span class=\"_ _335\"> </span></div></td></tr></table>Capital<span class=\"_ _2\"></span> accruals represent<span class=\"_ _2\"></span> amounts due f<span class=\"_ _2\"></span>or work<span class=\"_ _2\"></span> completed on in<span class=\"_ _11\"></span>ves<span class=\"_ _9\"></span>tment properties but not paid for at<span class=\"_ _2\"></span> the yea<span class=\"_ _2\"></span>r end<span class=\"_ _11\"></span>. Deferred income<span class=\"_ _335\"> </span>principal<span class=\"_ _2\"></span>ly relates to<span class=\"_ _11\"></span> rents received in advance<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>The Loans f<span class=\"_ _2\"></span>rom Group<span class=\"_ _2\"></span> undertakings are repay<span class=\"_ _2\"></span>able on demand<span class=\"_ _11\"></span> w<span class=\"_ _9\"></span>ith no fix<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>d repayment date<span class=\"_ _11\"></span>. Interest is charged<span class=\"_ _2\"></span> at <span class=\"ff2 ls144 wsbf\">4.<span class=\"_ _9\"></span>2<span class=\"_ _a\"></span>1%</span><span class=\"lsce ws29\"> p<span class=\"_ _9\"></span>er an<span class=\"_ _9\"></span>num (2025: 4.<span class=\"_ _1\"></span>95%<span class=\"_ _1\"></span>)<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfTradeAndOtherPayablesExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-430": {
   "value": "<div class=\"gs1e0\"><table class=\"s w2a7 hf7\" id=\"_a47def34-5621-4ae3-8483-e7471f29024a\"><tr><td></td><td></td><td class=\"c n x2b6 y350e w4e hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls76 ws13e\">Group<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n x2b7 y350e w4f hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls3f wsbc\">Co<span class=\"_ _9\"></span>m<span class=\"_ _9\"></span>pa<span class=\"_ _9\"></span>ny<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"t m0 x2b8 h15 y350f ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x2b9 h15 y350f ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td><td class=\"t m0 x2ba h15 y350f ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y350f ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24b h15 y3510 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y3510 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y3510 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3510 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y335a w283 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">T<span class=\"_ _11\"></span>rade payables<span class=\"_ _335\"> </span></div></td><td class=\"c n xd2e y335a w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">37<span class=\"_ _335\"> </span></div></td><td class=\"c n xd2f y335a w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">30<span class=\"_ _335\"> </span></div></td><td class=\"c n xd30 y335a w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd31 y335a w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y335b w284 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1e wsb4\">Capital accruals<span class=\"_ _335\"> </span></div></td><td class=\"c n x765 y335b w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">70<span class=\"_ _335\"> </span></div></td><td class=\"c n x766 y335b w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">70<span class=\"_ _335\"> </span></div></td><td class=\"c n x2f5 y335b w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x3eb y335b w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32df w286 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other payables<span class=\"_ _335\"> </span></div></td><td class=\"c n x414 y32df w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">41<span class=\"_ _335\"> </span></div></td><td class=\"c n xd32 y32df w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">8<span class=\"_ _335\"> </span></div></td><td class=\"c n xd33 y32df w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd34 y32df w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e0 w285 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1e ws86\">Accruals<span class=\"_ _335\"> </span></div></td><td class=\"c n x599 y32e0 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">91<span class=\"_ _335\"> </span></div></td><td class=\"c n xd35 y32e0 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">155<span class=\"_ _335\"> </span></div></td><td class=\"c n x3fe y32e0 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x3ff y32e0 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e1 w2a8 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Deferred income<span class=\"_ _335\"> </span></div></td><td class=\"c n x298 y32e1 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">121<span class=\"_ _335\"> </span></div></td><td class=\"c n x2f4 y32e1 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">129<span class=\"_ _335\"> </span></div></td><td class=\"c n x2f5 y32e1 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x3eb y32e1 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e2 w2a9 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Amo<span class=\"_ _9\"></span>unts owe<span class=\"_ _9\"></span>d to join<span class=\"_ _9\"></span>t venture<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xd36 y32e2 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n xd37 y32e2 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td><td class=\"c n xd38 y32e2 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd39 y32e2 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32ca w2aa hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Loans from<span class=\"_ _2\"></span> Group undertakings<span class=\"_ _335\"> </span></div></td><td class=\"c n x2f1 y32ca w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x618 y32ca w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd3a y32ca w66 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,658<span class=\"_ _335\"> </span></div></td><td class=\"c n xd3b y32ca w5e hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,750<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w2ab hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">T<span class=\"_ _11\"></span>ota<span class=\"_ _2\"></span>l cu<span class=\"_ _2\"></span>rrent<span class=\"_ _11\"></span> trade and ot<span class=\"_ _11\"></span>her payables<span class=\"_ _335\"> </span></div></td><td class=\"c n xd3c y32cb w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">363<span class=\"_ _335\"> </span></div></td><td class=\"c n xd3d y32cb w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">406<span class=\"_ _335\"> </span></div></td><td class=\"c n xd3e y32cb w58 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,658<span class=\"_ _335\"> </span></div></td><td class=\"c n x38f y32cb w59 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,750<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w2ac hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Non-curren<span class=\"_ _2\"></span>t other payables<span class=\"_ _335\"> </span></div></td><td class=\"c n xd3f y32cc w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">40<span class=\"_ _335\"> </span></div></td><td class=\"c n xd40 y32cc w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">44<span class=\"_ _335\"> </span></div></td><td class=\"c n xd41 y32cc w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x3e8 y32cc w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w2ad hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">T<span class=\"_ _11\"></span>ota<span class=\"_ _2\"></span>l tr<span class=\"_ _2\"></span>ade and o<span class=\"_ _2\"></span>ther pay<span class=\"_ _11\"></span>ables<span class=\"_ _335\"> </span></div></td><td class=\"c n xd3c y32cd w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">403<span class=\"_ _335\"> </span></div></td><td class=\"c n xd3d y32cd w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">450<span class=\"_ _335\"> </span></div></td><td class=\"c n xd3e y32cd w58 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,658<span class=\"_ _335\"> </span></div></td><td class=\"c n x38f y32cd w59 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,750<span class=\"_ _335\"> </span></div></td></tr></table></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-436": {
   "value": "<table class=\"s w2a7 hf7\" id=\"_a47def34-5621-4ae3-8483-e7471f29024a\"><tr><td></td><td></td><td class=\"c n x2b6 y350e w4e hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls76 ws13e\">Group<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n x2b7 y350e w4f hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls3f wsbc\">Co<span class=\"_ _9\"></span>m<span class=\"_ _9\"></span>pa<span class=\"_ _9\"></span>ny<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"t m0 x2b8 h15 y350f ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x2b9 h15 y350f ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td><td class=\"t m0 x2ba h15 y350f ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y350f ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24b h15 y3510 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y3510 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y3510 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3510 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y335a w283 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">T<span class=\"_ _11\"></span>rade payables<span class=\"_ _335\"> </span></div></td><td class=\"c n xd2e y335a w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">37<span class=\"_ _335\"> </span></div></td><td class=\"c n xd2f y335a w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">30<span class=\"_ _335\"> </span></div></td><td class=\"c n xd30 y335a w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd31 y335a w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y335b w284 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1e wsb4\">Capital accruals<span class=\"_ _335\"> </span></div></td><td class=\"c n x765 y335b w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">70<span class=\"_ _335\"> </span></div></td><td class=\"c n x766 y335b w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">70<span class=\"_ _335\"> </span></div></td><td class=\"c n x2f5 y335b w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x3eb y335b w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32df w286 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other payables<span class=\"_ _335\"> </span></div></td><td class=\"c n x414 y32df w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">41<span class=\"_ _335\"> </span></div></td><td class=\"c n xd32 y32df w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">8<span class=\"_ _335\"> </span></div></td><td class=\"c n xd33 y32df w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd34 y32df w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e0 w285 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1e ws86\">Accruals<span class=\"_ _335\"> </span></div></td><td class=\"c n x599 y32e0 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">91<span class=\"_ _335\"> </span></div></td><td class=\"c n xd35 y32e0 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">155<span class=\"_ _335\"> </span></div></td><td class=\"c n x3fe y32e0 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x3ff y32e0 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e1 w2a8 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Deferred income<span class=\"_ _335\"> </span></div></td><td class=\"c n x298 y32e1 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">121<span class=\"_ _335\"> </span></div></td><td class=\"c n x2f4 y32e1 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">129<span class=\"_ _335\"> </span></div></td><td class=\"c n x2f5 y32e1 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x3eb y32e1 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e2 w2a9 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Amo<span class=\"_ _9\"></span>unts owe<span class=\"_ _9\"></span>d to join<span class=\"_ _9\"></span>t venture<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xd36 y32e2 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n xd37 y32e2 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td><td class=\"c n xd38 y32e2 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd39 y32e2 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32ca w2aa hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Loans from<span class=\"_ _2\"></span> Group undertakings<span class=\"_ _335\"> </span></div></td><td class=\"c n x2f1 y32ca w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x618 y32ca w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd3a y32ca w66 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,658<span class=\"_ _335\"> </span></div></td><td class=\"c n xd3b y32ca w5e hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,750<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w2ab hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">T<span class=\"_ _11\"></span>ota<span class=\"_ _2\"></span>l cu<span class=\"_ _2\"></span>rrent<span class=\"_ _11\"></span> trade and ot<span class=\"_ _11\"></span>her payables<span class=\"_ _335\"> </span></div></td><td class=\"c n xd3c y32cb w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">363<span class=\"_ _335\"> </span></div></td><td class=\"c n xd3d y32cb w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">406<span class=\"_ _335\"> </span></div></td><td class=\"c n xd3e y32cb w58 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,658<span class=\"_ _335\"> </span></div></td><td class=\"c n x38f y32cb w59 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,750<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w2ac hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Non-curren<span class=\"_ _2\"></span>t other payables<span class=\"_ _335\"> </span></div></td><td class=\"c n xd3f y32cc w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">40<span class=\"_ _335\"> </span></div></td><td class=\"c n xd40 y32cc w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">44<span class=\"_ _335\"> </span></div></td><td class=\"c n xd41 y32cc w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x3e8 y32cc w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w2ad hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">T<span class=\"_ _11\"></span>ota<span class=\"_ _2\"></span>l tr<span class=\"_ _2\"></span>ade and o<span class=\"_ _2\"></span>ther pay<span class=\"_ _11\"></span>ables<span class=\"_ _335\"> </span></div></td><td class=\"c n xd3c y32cd w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">403<span class=\"_ _335\"> </span></div></td><td class=\"c n xd3d y32cd w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">450<span class=\"_ _335\"> </span></div></td><td class=\"c n xd3e y32cd w58 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,658<span class=\"_ _335\"> </span></div></td><td class=\"c n x38f y32cd w59 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,750<span class=\"_ _335\"> </span></div></td></tr></table>Capital<span class=\"_ _2\"></span> accruals represent<span class=\"_ _2\"></span> amounts due f<span class=\"_ _2\"></span>or work<span class=\"_ _2\"></span> completed on in<span class=\"_ _11\"></span>ves<span class=\"_ _9\"></span>tment properties but not paid for at<span class=\"_ _2\"></span> the yea<span class=\"_ _2\"></span>r end<span class=\"_ _11\"></span>. Deferred income<span class=\"_ _335\"> </span>principal<span class=\"_ _2\"></span>ly relates to<span class=\"_ _11\"></span> rents received in advance<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>The Loans f<span class=\"_ _2\"></span>rom Group<span class=\"_ _2\"></span> undertakings are repay<span class=\"_ _2\"></span>able on demand<span class=\"_ _11\"></span> w<span class=\"_ _9\"></span>ith no fix<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>d repayment date<span class=\"_ _11\"></span>. Interest is charged<span class=\"_ _2\"></span> at <span class=\"ff2 ls144 wsbf\">4.<span class=\"_ _9\"></span>2<span class=\"_ _a\"></span>1%</span><span class=\"lsce ws29\"> p<span class=\"_ _9\"></span>er an<span class=\"_ _9\"></span>num (2025: 4.<span class=\"_ _1\"></span>95%<span class=\"_ _1\"></span>)<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></span>31<span class=\"_ _118\"> </span><span class=\"fc4 lsab ws199\">OTHER CU<span class=\"_ _9\"></span>RR<span class=\"_ _9\"></span>E<span class=\"_ _9\"></span>NT LIAB<span class=\"_ _9\"></span>ILITIE<span class=\"_ _9\"></span>S<span class=\"_ _335\"> </span></span><table class=\"s w2bb hf9\" id=\"_4bde1272-a252-4ce9-b03d-fbda54ffc89f\"><tr><td></td><td class=\"t m0 x2ba h15 y3516 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y3516 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24d h15 y3517 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3517 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32cb w2b5 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Der<span class=\"_ _9\"></span>ivati<span class=\"_ _9\"></span>ve financi<span class=\"_ _9\"></span>al ins<span class=\"_ _9\"></span>trum<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s (<span class=\"_ _11\"></span>n<span class=\"_ _9\"></span>ote 2<span class=\"_ _2\"></span>4)<span class=\"_ _335\"> </span></div></td><td class=\"c n x39a y32cb w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6b8 y32cb w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y32cc w1e7 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws33\">Redemp<span class=\"_ _9\"></span>tion liabili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y</div><div class=\"t m0 x9a9 h16 y32a9 ff3 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c5 y32cc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">18<span class=\"_ _335\"> </span></div></td><td class=\"c n xd4b y32cc w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w2bc hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">T<span class=\"_ _11\"></span>otal other current liabilit<span class=\"_ _11\"></span>ie<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xad3 y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">18<span class=\"_ _335\"> </span></div></td><td class=\"c n x845 y32cd w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td></tr></table>1. <span class=\"_ _9\"></span>O<span class=\"_ _9\"></span>n 8 Se<span class=\"_ _9\"></span>pt<span class=\"_ _9\"></span>emb<span class=\"_ _9\"></span>er 2025<span class=\"_ _11\"></span>, t<span class=\"_ _9\"></span>he G<span class=\"_ _9\"></span>rou<span class=\"_ _9\"></span>p gran<span class=\"_ _9\"></span>ted a p<span class=\"_ _9\"></span>ut o<span class=\"_ _9\"></span>pt<span class=\"_ _9\"></span>ion t<span class=\"_ _9\"></span>o the n<span class=\"_ _9\"></span>on-<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>ntro<span class=\"_ _9\"></span>lli<span class=\"_ _9\"></span>ng in<span class=\"_ _9\"></span>ter<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>t in L<span class=\"_ _9\"></span>ive<span class=\"_ _9\"></span>rp<span class=\"_ _9\"></span>oo<span class=\"_ _9\"></span>l ONE t<span class=\"_ _9\"></span>ha<span class=\"_ _9\"></span>t has b<span class=\"_ _9\"></span>e<span class=\"_ _9\"></span>en re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>gni<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>d as a r<span class=\"_ _9\"></span>ed<span class=\"_ _9\"></span>emp<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>on li<span class=\"_ _9\"></span>abi<span class=\"_ _9\"></span>lit<span class=\"_ _9\"></span>y a<span class=\"_ _9\"></span>t 31 March 2026<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOtherCurrentLiabilitiesExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-442": {
   "value": "<table class=\"s w2a7 hf7\" id=\"_a47def34-5621-4ae3-8483-e7471f29024a\"><tr><td></td><td></td><td class=\"c n x2b6 y350e w4e hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls76 ws13e\">Group<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n x2b7 y350e w4f hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls3f wsbc\">Co<span class=\"_ _9\"></span>m<span class=\"_ _9\"></span>pa<span class=\"_ _9\"></span>ny<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"t m0 x2b8 h15 y350f ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x2b9 h15 y350f ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td><td class=\"t m0 x2ba h15 y350f ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y350f ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24b h15 y3510 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24c h15 y3510 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y3510 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3510 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y335a w283 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">T<span class=\"_ _11\"></span>rade payables<span class=\"_ _335\"> </span></div></td><td class=\"c n xd2e y335a w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">37<span class=\"_ _335\"> </span></div></td><td class=\"c n xd2f y335a w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">30<span class=\"_ _335\"> </span></div></td><td class=\"c n xd30 y335a w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd31 y335a w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y335b w284 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1e wsb4\">Capital accruals<span class=\"_ _335\"> </span></div></td><td class=\"c n x765 y335b w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">70<span class=\"_ _335\"> </span></div></td><td class=\"c n x766 y335b w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">70<span class=\"_ _335\"> </span></div></td><td class=\"c n x2f5 y335b w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x3eb y335b w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32df w286 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Other payables<span class=\"_ _335\"> </span></div></td><td class=\"c n x414 y32df w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">41<span class=\"_ _335\"> </span></div></td><td class=\"c n xd32 y32df w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">8<span class=\"_ _335\"> </span></div></td><td class=\"c n xd33 y32df w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd34 y32df w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e0 w285 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1e ws86\">Accruals<span class=\"_ _335\"> </span></div></td><td class=\"c n x599 y32e0 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">91<span class=\"_ _335\"> </span></div></td><td class=\"c n xd35 y32e0 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">155<span class=\"_ _335\"> </span></div></td><td class=\"c n x3fe y32e0 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x3ff y32e0 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e1 w2a8 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Deferred income<span class=\"_ _335\"> </span></div></td><td class=\"c n x298 y32e1 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">121<span class=\"_ _335\"> </span></div></td><td class=\"c n x2f4 y32e1 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">129<span class=\"_ _335\"> </span></div></td><td class=\"c n x2f5 y32e1 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x3eb y32e1 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e2 w2a9 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Amo<span class=\"_ _9\"></span>unts owe<span class=\"_ _9\"></span>d to join<span class=\"_ _9\"></span>t venture<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xd36 y32e2 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n xd37 y32e2 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td><td class=\"c n xd38 y32e2 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd39 y32e2 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32ca w2aa hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Loans from<span class=\"_ _2\"></span> Group undertakings<span class=\"_ _335\"> </span></div></td><td class=\"c n x2f1 y32ca w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x618 y32ca w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd3a y32ca w66 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,658<span class=\"_ _335\"> </span></div></td><td class=\"c n xd3b y32ca w5e hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,750<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w2ab hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">T<span class=\"_ _11\"></span>ota<span class=\"_ _2\"></span>l cu<span class=\"_ _2\"></span>rrent<span class=\"_ _11\"></span> trade and ot<span class=\"_ _11\"></span>her payables<span class=\"_ _335\"> </span></div></td><td class=\"c n xd3c y32cb w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">363<span class=\"_ _335\"> </span></div></td><td class=\"c n xd3d y32cb w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">406<span class=\"_ _335\"> </span></div></td><td class=\"c n xd3e y32cb w58 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,658<span class=\"_ _335\"> </span></div></td><td class=\"c n x38f y32cb w59 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,750<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w2ac hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Non-curren<span class=\"_ _2\"></span>t other payables<span class=\"_ _335\"> </span></div></td><td class=\"c n xd3f y32cc w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">40<span class=\"_ _335\"> </span></div></td><td class=\"c n xd40 y32cc w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">44<span class=\"_ _335\"> </span></div></td><td class=\"c n xd41 y32cc w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x3e8 y32cc w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w2ad hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">T<span class=\"_ _11\"></span>ota<span class=\"_ _2\"></span>l tr<span class=\"_ _2\"></span>ade and o<span class=\"_ _2\"></span>ther pay<span class=\"_ _11\"></span>ables<span class=\"_ _335\"> </span></div></td><td class=\"c n xd3c y32cd w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">403<span class=\"_ _335\"> </span></div></td><td class=\"c n xd3d y32cd w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">450<span class=\"_ _335\"> </span></div></td><td class=\"c n xd3e y32cd w58 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,658<span class=\"_ _335\"> </span></div></td><td class=\"c n x38f y32cd w59 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,750<span class=\"_ _335\"> </span></div></td></tr></table>Capital<span class=\"_ _2\"></span> accruals represent<span class=\"_ _2\"></span> amounts due f<span class=\"_ _2\"></span>or work<span class=\"_ _2\"></span> completed on in<span class=\"_ _11\"></span>ves<span class=\"_ _9\"></span>tment properties but not paid for at<span class=\"_ _2\"></span> the yea<span class=\"_ _2\"></span>r end<span class=\"_ _11\"></span>. Deferred income<span class=\"_ _335\"> </span>principal<span class=\"_ _2\"></span>ly relates to<span class=\"_ _11\"></span> rents received in advance<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>The Loans f<span class=\"_ _2\"></span>rom Group<span class=\"_ _2\"></span> undertakings are repay<span class=\"_ _2\"></span>able on demand<span class=\"_ _11\"></span> w<span class=\"_ _9\"></span>ith no fix<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>d repayment date<span class=\"_ _11\"></span>. Interest is charged<span class=\"_ _2\"></span> at <span class=\"ff2 ls144 wsbf\">4.<span class=\"_ _9\"></span>2<span class=\"_ _a\"></span>1%</span><span class=\"lsce ws29\"> p<span class=\"_ _9\"></span>er an<span class=\"_ _9\"></span>num (2025: 4.<span class=\"_ _1\"></span>95%<span class=\"_ _1\"></span>)<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></span>31<span class=\"_ _118\"> </span><span class=\"fc4 lsab ws199\">OTHER CU<span class=\"_ _9\"></span>RR<span class=\"_ _9\"></span>E<span class=\"_ _9\"></span>NT LIAB<span class=\"_ _9\"></span>ILITIE<span class=\"_ _9\"></span>S<span class=\"_ _335\"> </span></span><table class=\"s w2bb hf9\" id=\"_4bde1272-a252-4ce9-b03d-fbda54ffc89f\"><tr><td></td><td class=\"t m0 x2ba h15 y3516 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y3516 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24d h15 y3517 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3517 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32cb w2b5 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Der<span class=\"_ _9\"></span>ivati<span class=\"_ _9\"></span>ve financi<span class=\"_ _9\"></span>al ins<span class=\"_ _9\"></span>trum<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s (<span class=\"_ _11\"></span>n<span class=\"_ _9\"></span>ote 2<span class=\"_ _2\"></span>4)<span class=\"_ _335\"> </span></div></td><td class=\"c n x39a y32cb w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6b8 y32cb w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y32cc w1e7 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws33\">Redemp<span class=\"_ _9\"></span>tion liabili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y</div><div class=\"t m0 x9a9 h16 y32a9 ff3 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c5 y32cc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">18<span class=\"_ _335\"> </span></div></td><td class=\"c n xd4b y32cc w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w2bc hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">T<span class=\"_ _11\"></span>otal other current liabilit<span class=\"_ _11\"></span>ie<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xad3 y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">18<span class=\"_ _335\"> </span></div></td><td class=\"c n x845 y32cd w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td></tr></table>1. <span class=\"_ _9\"></span>O<span class=\"_ _9\"></span>n 8 Se<span class=\"_ _9\"></span>pt<span class=\"_ _9\"></span>emb<span class=\"_ _9\"></span>er 2025<span class=\"_ _11\"></span>, t<span class=\"_ _9\"></span>he G<span class=\"_ _9\"></span>rou<span class=\"_ _9\"></span>p gran<span class=\"_ _9\"></span>ted a p<span class=\"_ _9\"></span>ut o<span class=\"_ _9\"></span>pt<span class=\"_ _9\"></span>ion t<span class=\"_ _9\"></span>o the n<span class=\"_ _9\"></span>on-<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>ntro<span class=\"_ _9\"></span>lli<span class=\"_ _9\"></span>ng in<span class=\"_ _9\"></span>ter<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>t in L<span class=\"_ _9\"></span>ive<span class=\"_ _9\"></span>rp<span class=\"_ _9\"></span>oo<span class=\"_ _9\"></span>l ONE t<span class=\"_ _9\"></span>ha<span class=\"_ _9\"></span>t has b<span class=\"_ _9\"></span>e<span class=\"_ _9\"></span>en re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>gni<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>d as a r<span class=\"_ _9\"></span>ed<span class=\"_ _9\"></span>emp<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>on li<span class=\"_ _9\"></span>abi<span class=\"_ _9\"></span>lit<span class=\"_ _9\"></span>y a<span class=\"_ _9\"></span>t 31 March 2026<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>32<span class=\"_ _c6\"> </span><span class=\"fc4 lsab ws199\">OTHE<span class=\"_ _9\"></span>R NON<span class=\"_ _9\"></span>-CU<span class=\"_ _9\"></span>R<span class=\"_ _9\"></span>RE<span class=\"_ _9\"></span>NT LIAB<span class=\"_ _9\"></span>ILITIE<span class=\"_ _9\"></span>S<span class=\"_ _335\"> </span></span><table class=\"s w2bd hfa\" id=\"_cb750a5a-5cc4-409e-98a9-61007fcc8dd5\"><tr><td></td><td class=\"t m0 x2ba h15 y3518 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y3518 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24d h15 y3519 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3519 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c x24f y329b w2be hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Net li<span class=\"_ _9\"></span>abili<span class=\"_ _9\"></span>ties in<span class=\"_ _9\"></span>curre<span class=\"_ _9\"></span>d on be<span class=\"_ _9\"></span>half o<span class=\"_ _9\"></span>f joint ven<span class=\"_ _9\"></span>tures</div><div class=\"t m0 xd4c h16 y32a9 ff3 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div><div class=\"t m0 xd4d h9 y3215 ff3 fs6 fc2 sc0 ls123 ws16a\">(n<span class=\"_ _9\"></span>o<span class=\"_ _a\"></span>t<span class=\"_ _9\"></span>e<span class=\"_ _a\"></span> 1<span class=\"_ _9\"></span>5<span class=\"_ _9\"></span>)<span class=\"_ _335\"> </span></div></td><td class=\"c n xd4e y329b w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd4f y329b w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3227 w2b5 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Der<span class=\"_ _9\"></span>ivati<span class=\"_ _9\"></span>ve financi<span class=\"_ _9\"></span>al ins<span class=\"_ _9\"></span>trum<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s (<span class=\"_ _11\"></span>n<span class=\"_ _9\"></span>ote 2<span class=\"_ _2\"></span>4)<span class=\"_ _335\"> </span></div></td><td class=\"c n xd46 y3227 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td><td class=\"c n xd47 y3227 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3228 w2bf hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">T<span class=\"_ _11\"></span>otal other non-current liabilities<span class=\"_ _335\"> </span></div></td><td class=\"c n xd50 y3228 w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td><td class=\"c n xd51 y3228 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td></tr></table>1. <span class=\"_ _9\"></span>Th<span class=\"_ _9\"></span>e Gr<span class=\"_ _9\"></span>oup\u2019s shar<span class=\"_ _9\"></span>e of a<span class=\"_ _9\"></span>ccu<span class=\"_ _9\"></span>mul<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>d lo<span class=\"_ _9\"></span>ss<span class=\"_ _9\"></span>es o<span class=\"_ _9\"></span>f a joi<span class=\"_ _9\"></span>nt ve<span class=\"_ _9\"></span>ntur<span class=\"_ _9\"></span>e int<span class=\"_ _9\"></span>ere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t are r<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>og<span class=\"_ _9\"></span>nis<span class=\"_ _9\"></span>ed a<span class=\"_ _9\"></span>s ne<span class=\"_ _9\"></span>t lia<span class=\"_ _9\"></span>bil<span class=\"_ _9\"></span>iti<span class=\"_ _9\"></span>es (see n<span class=\"_ _9\"></span>ot<span class=\"_ _9\"></span>e 15) whe<span class=\"_ _9\"></span>re th<span class=\"_ _9\"></span>ere i<span class=\"_ _9\"></span>s an ob<span class=\"_ _9\"></span>li<span class=\"_ _9\"></span>ga<span class=\"_ _9\"></span>tio<span class=\"_ _9\"></span>n to pro<span class=\"_ _9\"></span>vi<span class=\"_ _9\"></span>de fo<span class=\"_ _9\"></span>r the<span class=\"_ _9\"></span>se l<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>s.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOtherLiabilitiesExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-417": {
   "value": "28<span class=\"_ _b2\"> </span><span class=\"fc4 ls68 wsc5\">INVESTMENTS IN SUBSIDIAR<span class=\"_ _11\"></span>Y UNDERT<span class=\"_ _11\"></span>AKINGS<span class=\"_ _335\"> </span></span>A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Inves<span class=\"_ _9\"></span>tment<span class=\"_ _9\"></span>s in subs<span class=\"_ _9\"></span>idiar<span class=\"_ _a\"></span>y under<span class=\"_ _9\"></span>tak<span class=\"_ _9\"></span>ings ar<span class=\"_ _9\"></span>e sta<span class=\"_ _9\"></span>ted a<span class=\"_ _9\"></span>t cos<span class=\"_ _9\"></span>t in th<span class=\"_ _9\"></span>e Comp<span class=\"_ _9\"></span>any\u2019<span class=\"_ _2\"></span>s bala<span class=\"_ _9\"></span>nce sh<span class=\"_ _9\"></span>ee<span class=\"_ _9\"></span>t, les<span class=\"_ _9\"></span>s any provis<span class=\"_ _9\"></span>ion fo<span class=\"_ _9\"></span>r impair<span class=\"_ _9\"></span>ment i<span class=\"_ _9\"></span>n value.<span class=\"_ _335\"> </span>In acco<span class=\"_ _9\"></span>rdanc<span class=\"_ _9\"></span>e wi<span class=\"_ _9\"></span>th IFRS 2 Share B<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>ed Paym<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s, the equ<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>y se<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>tle<span class=\"_ _9\"></span>d share<span class=\"_ _9\"></span>-base<span class=\"_ _9\"></span>d pa<span class=\"_ _9\"></span>ym<span class=\"_ _9\"></span>ent ch<span class=\"_ _9\"></span>arge fo<span class=\"_ _9\"></span>r the emp<span class=\"_ _9\"></span>loyee<span class=\"_ _9\"></span>s of the C<span class=\"_ _9\"></span>omp<span class=\"_ _9\"></span>any\u2019<span class=\"_ _2\"></span>s subsidi<span class=\"_ _9\"></span>arie<span class=\"_ _9\"></span>s is trea<span class=\"_ _9\"></span>ted a<span class=\"_ _9\"></span>s an incre<span class=\"_ _9\"></span>ase i<span class=\"_ _9\"></span>n the cos<span class=\"_ _9\"></span>t of i<span class=\"_ _9\"></span>nves<span class=\"_ _9\"></span>tment in t<span class=\"_ _9\"></span>he subsi<span class=\"_ _9\"></span>diarie<span class=\"_ _9\"></span>s, with a c<span class=\"_ _9\"></span>orre<span class=\"_ _9\"></span>sp<span class=\"_ _9\"></span>ondin<span class=\"_ _9\"></span>g incre<span class=\"_ _9\"></span>ase in th<span class=\"_ _9\"></span>e Com<span class=\"_ _9\"></span>pany<span class=\"_ _9\"></span>\u2019<span class=\"_ _11\"></span>s eq<span class=\"_ _9\"></span>uit<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span><table class=\"s w2ae hd4\" id=\"_d77fa9da-3d1c-401b-bac8-f7e86f92fad9\"><tr><td></td><td class=\"t m0 x2ba h15 y3511 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y3511 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24d h15 y3512 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3512 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32e3 w2af hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">At the beg<span class=\"_ _9\"></span>inning of th<span class=\"_ _9\"></span>e year<span class=\"_ _335\"> </span></div></td><td class=\"c n xc8a y32e3 w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">5,363<span class=\"_ _335\"> </span></div></td><td class=\"c n xc8b y32e3 w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">5,659<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w2b0 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Capital<span class=\"_ _2\"></span> contributi<span class=\"_ _2\"></span>ons relating<span class=\"_ _2\"></span> to sha<span class=\"_ _2\"></span>re-based payments (<span class=\"_ _11\"></span>note 3<span class=\"_ _11\"></span>5)<span class=\"_ _335\"> </span></div></td><td class=\"c n xd42 y32cb w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">9<span class=\"_ _335\"> </span></div></td><td class=\"c n xd43 y32cb w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w2b1 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls37 ws34\">Impairme<span class=\"_ _9\"></span>nt charge<span class=\"_ _335\"> </span></div></td><td class=\"c n xd44 y32cc w2b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(14)<span class=\"_ _335\"> </span></div></td><td class=\"c n xd45 y32cc w29 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(302)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w2b2 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">At 3<span class=\"_ _11\"></span>1 Mar<span class=\"_ _9\"></span>ch<span class=\"_ _335\"> </span></div></td><td class=\"c n xc8a y32cd w66 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">5,358<span class=\"_ _335\"> </span></div></td><td class=\"c n xc8b y32cd w5e hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">5,363<span class=\"_ _335\"> </span></div></td></tr></table>A full lis<span class=\"_ _9\"></span>t of sub<span class=\"_ _9\"></span>sidiar<span class=\"_ _a\"></span>y under<span class=\"_ _a\"></span>takings a<span class=\"_ _9\"></span>t 3<span class=\"_ _2\"></span>1 March 2026 is inclu<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>d on pa<span class=\"_ _9\"></span>ges 164<span class=\"_ _9\"></span>-1<span class=\"_ _11\"></span>6<span class=\"_ _2\"></span>7<span class=\"_ _1\"></span>. This inclu<span class=\"_ _9\"></span>des th<span class=\"_ _9\"></span>ose w<span class=\"_ _9\"></span>hich are exe<span class=\"_ _9\"></span>mpt fr<span class=\"_ _9\"></span>om the re<span class=\"_ _9\"></span>quire<span class=\"_ _9\"></span>men<span class=\"_ _9\"></span>t of the C<span class=\"_ _9\"></span>omp<span class=\"_ _9\"></span>anies Ac<span class=\"_ _a\"></span>t 2006 (<span class=\"_ _2\"></span>the \u2018<span class=\"_ _11\"></span>Ac<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>\u2019) rel<span class=\"_ _9\"></span>ating to th<span class=\"_ _9\"></span>e audi<span class=\"_ _9\"></span>t of indi<span class=\"_ _9\"></span>vidu<span class=\"_ _9\"></span>al acc<span class=\"_ _9\"></span>ount<span class=\"_ _9\"></span>s by vir<span class=\"_ _9\"></span>tu<span class=\"_ _9\"></span>e of Se<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tio<span class=\"_ _9\"></span>n 47<span class=\"_ _11\"></span>9A of the Ac<span class=\"_ _9\"></span>t.<span class=\"_ _335\"> </span>In the year e<span class=\"_ _9\"></span>nde<span class=\"_ _9\"></span>d 31 March 2026<span class=\"_ _11\"></span>, th<span class=\"_ _9\"></span>ere h<span class=\"_ _9\"></span>as be<span class=\"_ _9\"></span>en an imp<span class=\"_ _9\"></span>airm<span class=\"_ _9\"></span>ent ch<span class=\"_ _9\"></span>arge on th<span class=\"_ _9\"></span>e Com<span class=\"_ _9\"></span>pany<span class=\"_ _9\"></span>\u2019<span class=\"_ _11\"></span>s inves<span class=\"_ _9\"></span>tme<span class=\"_ _9\"></span>nt in it<span class=\"_ _9\"></span>s subsi<span class=\"_ _9\"></span>diarie<span class=\"_ _9\"></span>s of <span class=\"ff2 ls120 ws156\">\u00a314<span class=\"_ _9\"></span>m<span class=\"_ _9\"></span></span> (2025: charg<span class=\"_ _9\"></span>e of \u00a3<span class=\"_ _9\"></span>302m<span class=\"_ _11\"></span>) as a r<span class=\"_ _9\"></span>esult o<span class=\"_ _9\"></span>f a de<span class=\"_ _9\"></span>crea<span class=\"_ _9\"></span>se in ne<span class=\"_ _9\"></span>t as<span class=\"_ _9\"></span>set<span class=\"_ _9\"></span>s he<span class=\"_ _9\"></span>ld in tho<span class=\"_ _9\"></span>se subsi<span class=\"_ _9\"></span>diar<span class=\"_ _9\"></span>y c<span class=\"_ _9\"></span>omp<span class=\"_ _9\"></span>anies. The r<span class=\"_ _9\"></span>ecove<span class=\"_ _9\"></span>rable am<span class=\"_ _9\"></span>ount o<span class=\"_ _9\"></span>f the inves<span class=\"_ _9\"></span>tme<span class=\"_ _9\"></span>nts h<span class=\"_ _9\"></span>as be<span class=\"_ _9\"></span>en<span class=\"_ _9\"></span> bas<span class=\"_ _9\"></span>ed on th<span class=\"_ _9\"></span>e fair value o<span class=\"_ _9\"></span>f ea<span class=\"_ _9\"></span>ch of the su<span class=\"_ _9\"></span>bsidia<span class=\"_ _9\"></span>ries a<span class=\"_ _9\"></span>t 31 March 2026 as determin<span class=\"_ _9\"></span>ed by the<span class=\"_ _9\"></span>ir indi<span class=\"_ _9\"></span>vidu<span class=\"_ _9\"></span>al ne<span class=\"_ _9\"></span>t ass<span class=\"_ _9\"></span>et valu<span class=\"_ _9\"></span>es at th<span class=\"_ _9\"></span>at da<span class=\"_ _9\"></span>te, totalling<span class=\"_ _9\"></span> \u00a3<span class=\"_ _9\"></span>5,3<span class=\"_ _9\"></span>58<span class=\"_ _9\"></span>m <span class=\"ff3 ls22 ws1\">(2025: \u00a35,363m<span class=\"_ _11\"></span>)<span class=\"_ _11\"></span>.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-461": {
   "value": "A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Inves<span class=\"_ _9\"></span>tment<span class=\"_ _9\"></span>s in subs<span class=\"_ _9\"></span>idiar<span class=\"_ _a\"></span>y under<span class=\"_ _9\"></span>tak<span class=\"_ _9\"></span>ings ar<span class=\"_ _9\"></span>e sta<span class=\"_ _9\"></span>ted a<span class=\"_ _9\"></span>t cos<span class=\"_ _9\"></span>t in th<span class=\"_ _9\"></span>e Comp<span class=\"_ _9\"></span>any\u2019<span class=\"_ _2\"></span>s bala<span class=\"_ _9\"></span>nce sh<span class=\"_ _9\"></span>ee<span class=\"_ _9\"></span>t, les<span class=\"_ _9\"></span>s any provis<span class=\"_ _9\"></span>ion fo<span class=\"_ _9\"></span>r impair<span class=\"_ _9\"></span>ment i<span class=\"_ _9\"></span>n value.<span class=\"_ _335\"> </span>In acco<span class=\"_ _9\"></span>rdanc<span class=\"_ _9\"></span>e wi<span class=\"_ _9\"></span>th IFRS 2 Share B<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>ed Paym<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s, the equ<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>y se<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>tle<span class=\"_ _9\"></span>d share<span class=\"_ _9\"></span>-base<span class=\"_ _9\"></span>d pa<span class=\"_ _9\"></span>ym<span class=\"_ _9\"></span>ent ch<span class=\"_ _9\"></span>arge fo<span class=\"_ _9\"></span>r the emp<span class=\"_ _9\"></span>loyee<span class=\"_ _9\"></span>s of the C<span class=\"_ _9\"></span>omp<span class=\"_ _9\"></span>any\u2019<span class=\"_ _2\"></span>s subsidi<span class=\"_ _9\"></span>arie<span class=\"_ _9\"></span>s is trea<span class=\"_ _9\"></span>ted a<span class=\"_ _9\"></span>s an incre<span class=\"_ _9\"></span>ase i<span class=\"_ _9\"></span>n the cos<span class=\"_ _9\"></span>t of i<span class=\"_ _9\"></span>nves<span class=\"_ _9\"></span>tment in t<span class=\"_ _9\"></span>he subsi<span class=\"_ _9\"></span>diarie<span class=\"_ _9\"></span>s, with a c<span class=\"_ _9\"></span>orre<span class=\"_ _9\"></span>sp<span class=\"_ _9\"></span>ondin<span class=\"_ _9\"></span>g incre<span class=\"_ _9\"></span>ase in th<span class=\"_ _9\"></span>e Com<span class=\"_ _9\"></span>pany<span class=\"_ _9\"></span>\u2019<span class=\"_ _11\"></span>s eq<span class=\"_ _9\"></span>uit<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForSubsidiariesExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-389": {
   "value": "<div class=\"t m0 ha2 ff1 fs7 fc0 sc0 ls16c ws1ad gs3f3\">29<span class=\"_ _b2\"> </span><span class=\"fc4 lsd2 wsf3\">OTHER NON-CURRENT ASSETS<span class=\"_ _335\"> </span></span></div><div class=\"gs27b\"><table class=\"s w2b3 hd4\" id=\"_887b41cc-5a60-4006-83e6-863015e0aaee\"><tr><td></td><td class=\"t m0 x2ba h15 y3513 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y3513 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24d h15 y3514 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3514 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32ca w2b4 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Net p<span class=\"_ _9\"></span>ens<span class=\"_ _9\"></span>ion surp<span class=\"_ _9\"></span>lus (<span class=\"_ _2\"></span>note 34)<span class=\"_ _335\"> </span></div></td><td class=\"c n x61d y32ca w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td><td class=\"c n x61e y32ca w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w2b5 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Der<span class=\"_ _9\"></span>ivati<span class=\"_ _9\"></span>ve financi<span class=\"_ _9\"></span>al ins<span class=\"_ _9\"></span>trum<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s (<span class=\"_ _11\"></span>n<span class=\"_ _9\"></span>ote 2<span class=\"_ _2\"></span>4)<span class=\"_ _335\"> </span></div></td><td class=\"c n xd46 y32cb w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">25<span class=\"_ _335\"> </span></div></td><td class=\"c n xd47 y32cb w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w2b6 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">O<span class=\"_ _9\"></span>ther inves<span class=\"_ _9\"></span>tm<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n x538 y32cc w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td><td class=\"c n x9ee y32cc w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">9<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w2b7 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">T<span class=\"_ _11\"></span>ota<span class=\"_ _2\"></span>l ot<span class=\"_ _2\"></span>her non-cu<span class=\"_ _11\"></span>rrent assets<span class=\"_ _335\"> </span></div></td><td class=\"c n xd48 y32cd w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">45<span class=\"_ _335\"> </span></div></td><td class=\"c n xd49 y32cd w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td></tr></table></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOtherNoncurrentAssetsExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-440": {
   "value": "31<span class=\"_ _118\"> </span><span class=\"fc4 lsab ws199\">OTHER CU<span class=\"_ _9\"></span>RR<span class=\"_ _9\"></span>E<span class=\"_ _9\"></span>NT LIAB<span class=\"_ _9\"></span>ILITIE<span class=\"_ _9\"></span>S<span class=\"_ _335\"> </span></span><table class=\"s w2bb hf9\" id=\"_4bde1272-a252-4ce9-b03d-fbda54ffc89f\"><tr><td></td><td class=\"t m0 x2ba h15 y3516 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y3516 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24d h15 y3517 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3517 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32cb w2b5 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Der<span class=\"_ _9\"></span>ivati<span class=\"_ _9\"></span>ve financi<span class=\"_ _9\"></span>al ins<span class=\"_ _9\"></span>trum<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s (<span class=\"_ _11\"></span>n<span class=\"_ _9\"></span>ote 2<span class=\"_ _2\"></span>4)<span class=\"_ _335\"> </span></div></td><td class=\"c n x39a y32cb w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x6b8 y32cb w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x24f y32cc w1e7 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws33\">Redemp<span class=\"_ _9\"></span>tion liabili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y</div><div class=\"t m0 x9a9 h16 y32a9 ff3 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c5 y32cc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">18<span class=\"_ _335\"> </span></div></td><td class=\"c n xd4b y32cc w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w2bc hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">T<span class=\"_ _11\"></span>otal other current liabilit<span class=\"_ _11\"></span>ie<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xad3 y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">18<span class=\"_ _335\"> </span></div></td><td class=\"c n x845 y32cd w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td></tr></table>1. <span class=\"_ _9\"></span>O<span class=\"_ _9\"></span>n 8 Se<span class=\"_ _9\"></span>pt<span class=\"_ _9\"></span>emb<span class=\"_ _9\"></span>er 2025<span class=\"_ _11\"></span>, t<span class=\"_ _9\"></span>he G<span class=\"_ _9\"></span>rou<span class=\"_ _9\"></span>p gran<span class=\"_ _9\"></span>ted a p<span class=\"_ _9\"></span>ut o<span class=\"_ _9\"></span>pt<span class=\"_ _9\"></span>ion t<span class=\"_ _9\"></span>o the n<span class=\"_ _9\"></span>on-<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>ntro<span class=\"_ _9\"></span>lli<span class=\"_ _9\"></span>ng in<span class=\"_ _9\"></span>ter<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>t in L<span class=\"_ _9\"></span>ive<span class=\"_ _9\"></span>rp<span class=\"_ _9\"></span>oo<span class=\"_ _9\"></span>l ONE t<span class=\"_ _9\"></span>ha<span class=\"_ _9\"></span>t has b<span class=\"_ _9\"></span>e<span class=\"_ _9\"></span>en re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>gni<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>d as a r<span class=\"_ _9\"></span>ed<span class=\"_ _9\"></span>emp<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>on li<span class=\"_ _9\"></span>abi<span class=\"_ _9\"></span>lit<span class=\"_ _9\"></span>y a<span class=\"_ _9\"></span>t 31 March 2026<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span><div class=\"t m0 ha2 ff1 fs7 fc0 sc0 ls18 ws1af gs404\">33<span class=\"_ _b2\"> </span><span class=\"fc4 lsd2 ws178\">PRO<span class=\"_ _11\"></span>VISIONS<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h4a ff1 fs1 fc0 sc0 ls1 ws1 gs405\">A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs406\">Provisi<span class=\"_ _9\"></span>ons are r<span class=\"_ _9\"></span>eco<span class=\"_ _9\"></span>gnise<span class=\"_ _9\"></span>d wh<span class=\"_ _9\"></span>en the G<span class=\"_ _9\"></span>roup h<span class=\"_ _9\"></span>as a pre<span class=\"_ _9\"></span>sen<span class=\"_ _9\"></span>t oblig<span class=\"_ _9\"></span>atio<span class=\"_ _9\"></span>n (leg<span class=\"_ _9\"></span>al or co<span class=\"_ _9\"></span>ns<span class=\"_ _9\"></span>truc<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>ve<span class=\"_ _2\"></span>) as a resul<span class=\"_ _9\"></span>t of a p<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>t event, it i<span class=\"_ _9\"></span>s prob<span class=\"_ _9\"></span>abl<span class=\"_ _9\"></span>e that an<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs407\">out<span class=\"_ _9\"></span>flow of re<span class=\"_ _9\"></span>sou<span class=\"_ _9\"></span>rces e<span class=\"_ _9\"></span>mbo<span class=\"_ _9\"></span>dy<span class=\"_ _9\"></span>ing ec<span class=\"_ _9\"></span>ono<span class=\"_ _9\"></span>mic be<span class=\"_ _9\"></span>nefit<span class=\"_ _9\"></span>s wi<span class=\"_ _9\"></span>ll be re<span class=\"_ _9\"></span>quire<span class=\"_ _9\"></span>d to set<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>le the ob<span class=\"_ _9\"></span>liga<span class=\"_ _9\"></span>tion an<span class=\"_ _9\"></span>d a relia<span class=\"_ _9\"></span>ble e<span class=\"_ _9\"></span>st<span class=\"_ _9\"></span>imate c<span class=\"_ _9\"></span>an be ma<span class=\"_ _9\"></span>de of th<span class=\"_ _9\"></span>e amou<span class=\"_ _9\"></span>nt<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs408\">of the obl<span class=\"_ _2\"></span>igation<span class=\"_ _11\"></span>. Provisions ar<span class=\"_ _2\"></span>e estimated consideri<span class=\"_ _2\"></span>ng vari<span class=\"_ _2\"></span>ous possible outcomes a<span class=\"_ _11\"></span>nd determining the<span class=\"_ _11\"></span> m<span class=\"_ _9\"></span>ost lik<span class=\"_ _2\"></span>ely outcome<span class=\"_ _11\"></span>. When the Group<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs409\">expe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s som<span class=\"_ _9\"></span>e or all of a p<span class=\"_ _9\"></span>rovis<span class=\"_ _9\"></span>ion to be r<span class=\"_ _9\"></span>eimbu<span class=\"_ _9\"></span>rse<span class=\"_ _9\"></span>d, the reim<span class=\"_ _9\"></span>burs<span class=\"_ _9\"></span>eme<span class=\"_ _9\"></span>nt is re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>gnise<span class=\"_ _9\"></span>d as a se<span class=\"_ _9\"></span>para<span class=\"_ _9\"></span>te ass<span class=\"_ _9\"></span>et, bu<span class=\"_ _9\"></span>t onl<span class=\"_ _9\"></span>y whe<span class=\"_ _9\"></span>n the reim<span class=\"_ _9\"></span>bur<span class=\"_ _9\"></span>sem<span class=\"_ _9\"></span>ent<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs40a\">is virtually certain<span class=\"_ _2\"></span>. The expense<span class=\"_ _2\"></span> relating t<span class=\"_ _2\"></span>o a pro<span class=\"_ _2\"></span>vision is pr<span class=\"_ _2\"></span>esented in t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>e income statement<span class=\"_ _2\"></span> net of an<span class=\"_ _11\"></span>y reimbursement.<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs40b\">If the effec<span class=\"_ _a\"></span>t of the time valu<span class=\"_ _9\"></span>e of mo<span class=\"_ _9\"></span>ney is m<span class=\"_ _9\"></span>ateri<span class=\"_ _9\"></span>al, provisi<span class=\"_ _9\"></span>ons are d<span class=\"_ _9\"></span>isco<span class=\"_ _9\"></span>unted u<span class=\"_ _9\"></span>sing a cur<span class=\"_ _9\"></span>rent pr<span class=\"_ _9\"></span>e-tax ra<span class=\"_ _9\"></span>te that r<span class=\"_ _9\"></span>eflec<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s, wh<span class=\"_ _9\"></span>en app<span class=\"_ _9\"></span>ropr<span class=\"_ _9\"></span>iate, the<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs40c\">risk<span class=\"_ _9\"></span>s spe<span class=\"_ _9\"></span>cific to the li<span class=\"_ _9\"></span>abili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>. When di<span class=\"_ _9\"></span>scou<span class=\"_ _9\"></span>nting is u<span class=\"_ _9\"></span>sed, the in<span class=\"_ _9\"></span>cre<span class=\"_ _9\"></span>ase in th<span class=\"_ _9\"></span>e provi<span class=\"_ _9\"></span>sion du<span class=\"_ _9\"></span>e to the p<span class=\"_ _9\"></span>assa<span class=\"_ _9\"></span>ge of tim<span class=\"_ _9\"></span>e is re<span class=\"_ _9\"></span>cog<span class=\"_ _9\"></span>nise<span class=\"_ _9\"></span>d as a financ<span class=\"_ _9\"></span>e cos<span class=\"_ _9\"></span>t.<span class=\"_ _335\"> </span></div><div class=\"gs40d\"><table class=\"s w1c1 hfb\" id=\"_bf0a21c1-8575-40e3-a5a5-76b5090d94f2\"><tr><td></td><td></td><td></td><td class=\"t m0 x247 h15 y351a ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 xd52 h15 y351b ff2 fsd fc2 sc0 ls78 ws7f\">Building and </td><td class=\"t m0 xd53 h15 y351b ff2 fsd fc2 sc0 ls1 ws1\">T<span class=\"_ _11\"></span>ransaction </td><td></td></tr><tr><td></td><td class=\"t m0 xc93 h15 y351c ff2 fsd fc2 sc0 ls1 ws8e\">fire safety </td><td class=\"t m0 x5c3 h15 y351c ff2 fsd fc2 sc0 ls78 ws7f\">and contract </td><td></td></tr><tr><td></td><td class=\"t m0 x86d h15 y351d ff2 fsd fc2 sc0 ls1 ws1\">remediation<span class=\"_ _335\"> </span></td><td class=\"t m0 x23d h15 y351d ff2 fsd fc2 sc0 ls7b ws82\">rel<span class=\"_ _9\"></span>ated<span class=\"_ _335\"> </span></td><td class=\"t m0 x33a h15 y351d ff2 fsd fc2 sc0 lsa4 wsb2\">To<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>l<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24c h15 y351e ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y351e ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y351e ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32dd w7f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">At 1 April 20<span class=\"_ _11\"></span>25<span class=\"_ _335\"> </span></div></td><td class=\"c n x96d y32dd w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">23<span class=\"_ _335\"> </span></div></td><td class=\"c n x96e y32dd w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">51<span class=\"_ _335\"> </span></div></td><td class=\"c n x9cb y32dd w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">74<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32de w244 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls37 ws34\">Charge for the year<span class=\"_ _335\"> </span></div></td><td class=\"c n xd54 y32de w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c3 y32de w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n xd55 y32de w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y334a w2c0 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Utilis<span class=\"_ _9\"></span>ed duri<span class=\"_ _9\"></span>ng the ye<span class=\"_ _9\"></span>ar<span class=\"_ _335\"> </span></div></td><td class=\"c n xd56 y334a w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n xd57 y334a w27 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(20)<span class=\"_ _335\"> </span></div></td><td class=\"c n xd58 y334a w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(21)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3403 w2c1 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Reverse<span class=\"_ _9\"></span>d durin<span class=\"_ _9\"></span>g the yea<span class=\"_ _9\"></span>r<span class=\"_ _335\"> </span></div></td><td class=\"c n xd59 y3403 w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(3)<span class=\"_ _335\"> </span></div></td><td class=\"c n xd5a y3403 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd5b y3403 w8d hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(3)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3404 w90 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">At 3<span class=\"_ _11\"></span>1 Mar<span class=\"_ _9\"></span>ch 20<span class=\"_ _2\"></span>26<span class=\"_ _335\"> </span></div></td><td class=\"c n x98a y3404 w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">29<span class=\"_ _335\"> </span></div></td><td class=\"c n xd5c y3404 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">35<span class=\"_ _335\"> </span></div></td><td class=\"c n xd5d y3404 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">64<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e4 w2c2 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls31 ws10c\">Current<span class=\"_ _335\"> </span></div></td><td class=\"c n xd54 y32e4 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">29<span class=\"_ _335\"> </span></div></td><td class=\"c n xd5e y32e4 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">12<span class=\"_ _335\"> </span></div></td><td class=\"c n xd18 y32e4 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">41<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w2c3 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws48\">Non-curren<span class=\"_ _2\"></span>t<span class=\"_ _335\"> </span></div></td><td class=\"c n xade y32cc w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd5f y32cc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">23<span class=\"_ _335\"> </span></div></td><td class=\"c n x5af y32cc w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">23<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w90 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">At 3<span class=\"_ _11\"></span>1 Mar<span class=\"_ _9\"></span>ch 20<span class=\"_ _2\"></span>26<span class=\"_ _335\"> </span></div></td><td class=\"c n x98a y32cd w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">29<span class=\"_ _335\"> </span></div></td><td class=\"c n xd5c y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">35<span class=\"_ _335\"> </span></div></td><td class=\"c n xd5d y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">64<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h4a ff1 fs1 fc2 sc0 lsdb wsfd gs40e\">BUILDING AND<span class=\"_ _11\"></span> FIRE SAFETY REMEDIAT<span class=\"_ _2\"></span>ION PR<span class=\"_ _11\"></span>OVISIONS<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs40f\">Management have<span class=\"_ _2\"></span> assessed their legal a<span class=\"_ _2\"></span>nd constructive obligations ar<span class=\"_ _2\"></span>ising fr<span class=\"_ _2\"></span>om the Bui<span class=\"_ _2\"></span>lding Safety Act 2022<span class=\"_ _2\"></span> and other associated<span class=\"_ _2\"></span> fire </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs410\">regulations a<span class=\"_ _2\"></span>nd remediation w<span class=\"_ _11\"></span>ork<span class=\"_ _9\"></span>s for ident<span class=\"_ _11\"></span>ified Reinf<span class=\"_ _2\"></span>orced Autoclaved<span class=\"_ _2\"></span> Aerated Concrete<span class=\"_ _11\"></span>. Where an obl<span class=\"_ _2\"></span>igation exists, i<span class=\"_ _2\"></span>ncluding f<span class=\"_ _2\"></span>or properties </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs411\">no longer owned b<span class=\"_ _11\"></span>y the Group but for<span class=\"_ _2\"></span> which the<span class=\"_ _2\"></span> Group is r<span class=\"_ _2\"></span>esponsible for remediat<span class=\"_ _2\"></span>ion works<span class=\"_ _2\"></span>, a pro<span class=\"_ _2\"></span>vision is recorded<span class=\"_ _2\"></span> on the Grou<span class=\"_ _2\"></span>p\u2019<span class=\"_ _1\"></span>s balance </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls128 ws62 gs412\">sh<span class=\"_ _9\"></span>e<span class=\"_ _9\"></span>e<span class=\"_ _9\"></span>t.<span class=\"_ _9\"></span> <span class=\"ff2 ls120 ws156\">\u00a312<span class=\"_ _9\"></span>m</span><span class=\"ls22 ws1\"> o<span class=\"_ _9\"></span>f the prov<span class=\"_ _9\"></span>isio<span class=\"_ _9\"></span>n rec<span class=\"_ _9\"></span>orde<span class=\"_ _9\"></span>d at 31 March 2026 relate<span class=\"_ _9\"></span>s to prop<span class=\"_ _9\"></span>er<span class=\"_ _a\"></span>ties no lo<span class=\"_ _9\"></span>nger o<span class=\"_ _9\"></span>wne<span class=\"_ _9\"></span>d by the Gr<span class=\"_ _9\"></span>oup. Moreover<span class=\"_ _11\"></span>, a r<span class=\"_ _9\"></span>ece<span class=\"_ _9\"></span>ivabl<span class=\"_ _9\"></span>e of <span class=\"ff2 ls120 ws156\">\u00a311<span class=\"_ _9\"></span>m<span class=\"_ _9\"></span></span><span class=\"ls1\"> </span></span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs413\">(2025:<span class=\"_ gsd2\"> </span>\u00a35m) has bee<span class=\"_ _9\"></span>n rec<span class=\"_ _9\"></span>orde<span class=\"_ _9\"></span>d in no<span class=\"_ _9\"></span>te 26 where th<span class=\"_ _9\"></span>e Grou<span class=\"_ _9\"></span>p is vir<span class=\"_ _a\"></span>tually cer<span class=\"_ _a\"></span>tain that the p<span class=\"_ _9\"></span>rovi<span class=\"_ _9\"></span>sion re<span class=\"_ _9\"></span>cor<span class=\"_ _9\"></span>ded w<span class=\"_ _9\"></span>ill be r<span class=\"_ _9\"></span>eimbur<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>d by the ori<span class=\"_ _9\"></span>ginal<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs414\">developer of<span class=\"_ _2\"></span> the propert<span class=\"_ _9\"></span>y or by<span class=\"_ _2\"></span> other responsible parties for suc<span class=\"_ _2\"></span>h remediation w<span class=\"_ _2\"></span>orks.<span class=\"_ _335\"> </span></div><div class=\"t m0 h4a ff1 fs1 fc2 sc0 lse3 ws1a gs415\">TR<span class=\"_ _9\"></span>ANSAC<span class=\"_ _9\"></span>TION AND CONTR<span class=\"_ _a\"></span>ACT REL<span class=\"_ _9\"></span>A<span class=\"_ _11\"></span>TE<span class=\"_ _9\"></span>D PRO<span class=\"_ _2\"></span>VISION<span class=\"_ _9\"></span>S<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs416\">Relate<span class=\"_ _2\"></span> to historic<span class=\"_ _11\"></span> or ongoing transactions and<span class=\"_ _2\"></span> contracts that the Grou<span class=\"_ _2\"></span>p is part<span class=\"_ _9\"></span>y to wherei<span class=\"_ _2\"></span>n an obli<span class=\"_ _2\"></span>gation arises<span class=\"_ _2\"></span> as part of its developer </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs417\">contractual arr<span class=\"_ _2\"></span>angements, quer<span class=\"_ _2\"></span>ies received from<span class=\"_ _2\"></span> tax aut<span class=\"_ _2\"></span>horities, or<span class=\"_ _11\"></span> contrac<span class=\"_ _9\"></span>tor clai<span class=\"_ _2\"></span>ms.<span class=\"_ _2\"></span> These provisi<span class=\"_ _2\"></span>ons are cla<span class=\"_ _2\"></span>ssed together as the<span class=\"_ _11\"></span>y per<span class=\"_ _9\"></span>tain </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs418\">to past transactions or<span class=\"_ _2\"></span> contracts executed to<span class=\"_ _11\"></span> acquire or dispose o<span class=\"_ _2\"></span>f assets or queries ar<span class=\"_ _2\"></span>ising t<span class=\"_ _2\"></span>herefrom<span class=\"_ _11\"></span>. The provisions re<span class=\"_ _2\"></span>flect management<span class=\"_ _9\"></span>\u2019<span class=\"_ _11\"></span>s </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs419\">bes<span class=\"_ _9\"></span>t e<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>timate o<span class=\"_ _9\"></span>f the co<span class=\"_ _9\"></span>st<span class=\"_ _9\"></span>s re<span class=\"_ _9\"></span>quire<span class=\"_ _9\"></span>d to set<span class=\"_ _9\"></span>tl<span class=\"_ _9\"></span>e thes<span class=\"_ _9\"></span>e obli<span class=\"_ _9\"></span>gati<span class=\"_ _9\"></span>ons, howeve<span class=\"_ _9\"></span>r owin<span class=\"_ _9\"></span>g to the na<span class=\"_ _9\"></span>ture of the<span class=\"_ _9\"></span>se pr<span class=\"_ _9\"></span>ovisi<span class=\"_ _9\"></span>ons the<span class=\"_ _9\"></span>re is un<span class=\"_ _9\"></span>cer<span class=\"_ _9\"></span>tai<span class=\"_ _9\"></span>nt<span class=\"_ _9\"></span>y over bo<span class=\"_ _9\"></span>th </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs41a\">the amo<span class=\"_ _9\"></span>unt and th<span class=\"_ _9\"></span>e timing of t<span class=\"_ _9\"></span>he po<span class=\"_ _9\"></span>tenti<span class=\"_ _9\"></span>al cash o<span class=\"_ _9\"></span>ut<span class=\"_ _9\"></span>flows.</div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfProvisionsExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-431": {
   "value": "32<span class=\"_ _c6\"> </span><span class=\"fc4 lsab ws199\">OTHE<span class=\"_ _9\"></span>R NON<span class=\"_ _9\"></span>-CU<span class=\"_ _9\"></span>R<span class=\"_ _9\"></span>RE<span class=\"_ _9\"></span>NT LIAB<span class=\"_ _9\"></span>ILITIE<span class=\"_ _9\"></span>S<span class=\"_ _335\"> </span></span><table class=\"s w2bd hfa\" id=\"_cb750a5a-5cc4-409e-98a9-61007fcc8dd5\"><tr><td></td><td class=\"t m0 x2ba h15 y3518 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y3518 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24d h15 y3519 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3519 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c x24f y329b w2be hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Net li<span class=\"_ _9\"></span>abili<span class=\"_ _9\"></span>ties in<span class=\"_ _9\"></span>curre<span class=\"_ _9\"></span>d on be<span class=\"_ _9\"></span>half o<span class=\"_ _9\"></span>f joint ven<span class=\"_ _9\"></span>tures</div><div class=\"t m0 xd4c h16 y32a9 ff3 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div><div class=\"t m0 xd4d h9 y3215 ff3 fs6 fc2 sc0 ls123 ws16a\">(n<span class=\"_ _9\"></span>o<span class=\"_ _a\"></span>t<span class=\"_ _9\"></span>e<span class=\"_ _a\"></span> 1<span class=\"_ _9\"></span>5<span class=\"_ _9\"></span>)<span class=\"_ _335\"> </span></div></td><td class=\"c n xd4e y329b w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd4f y329b w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3227 w2b5 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Der<span class=\"_ _9\"></span>ivati<span class=\"_ _9\"></span>ve financi<span class=\"_ _9\"></span>al ins<span class=\"_ _9\"></span>trum<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s (<span class=\"_ _11\"></span>n<span class=\"_ _9\"></span>ote 2<span class=\"_ _2\"></span>4)<span class=\"_ _335\"> </span></div></td><td class=\"c n xd46 y3227 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td><td class=\"c n xd47 y3227 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3228 w2bf hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">T<span class=\"_ _11\"></span>otal other non-current liabilities<span class=\"_ _335\"> </span></div></td><td class=\"c n xd50 y3228 w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">22<span class=\"_ _335\"> </span></div></td><td class=\"c n xd51 y3228 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td></tr></table>1. <span class=\"_ _9\"></span>Th<span class=\"_ _9\"></span>e Gr<span class=\"_ _9\"></span>oup\u2019s shar<span class=\"_ _9\"></span>e of a<span class=\"_ _9\"></span>ccu<span class=\"_ _9\"></span>mul<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>d lo<span class=\"_ _9\"></span>ss<span class=\"_ _9\"></span>es o<span class=\"_ _9\"></span>f a joi<span class=\"_ _9\"></span>nt ve<span class=\"_ _9\"></span>ntur<span class=\"_ _9\"></span>e int<span class=\"_ _9\"></span>ere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t are r<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>og<span class=\"_ _9\"></span>nis<span class=\"_ _9\"></span>ed a<span class=\"_ _9\"></span>s ne<span class=\"_ _9\"></span>t lia<span class=\"_ _9\"></span>bil<span class=\"_ _9\"></span>iti<span class=\"_ _9\"></span>es (see n<span class=\"_ _9\"></span>ot<span class=\"_ _9\"></span>e 15) whe<span class=\"_ _9\"></span>re th<span class=\"_ _9\"></span>ere i<span class=\"_ _9\"></span>s an ob<span class=\"_ _9\"></span>li<span class=\"_ _9\"></span>ga<span class=\"_ _9\"></span>tio<span class=\"_ _9\"></span>n to pro<span class=\"_ _9\"></span>vi<span class=\"_ _9\"></span>de fo<span class=\"_ _9\"></span>r the<span class=\"_ _9\"></span>se l<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>s.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOtherNoncurrentLiabilitiesExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-443": {
   "value": "A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Provisi<span class=\"_ _9\"></span>ons are r<span class=\"_ _9\"></span>eco<span class=\"_ _9\"></span>gnise<span class=\"_ _9\"></span>d wh<span class=\"_ _9\"></span>en the G<span class=\"_ _9\"></span>roup h<span class=\"_ _9\"></span>as a pre<span class=\"_ _9\"></span>sen<span class=\"_ _9\"></span>t oblig<span class=\"_ _9\"></span>atio<span class=\"_ _9\"></span>n (leg<span class=\"_ _9\"></span>al or co<span class=\"_ _9\"></span>ns<span class=\"_ _9\"></span>truc<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>ve<span class=\"_ _2\"></span>) as a resul<span class=\"_ _9\"></span>t of a p<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>t event, it i<span class=\"_ _9\"></span>s prob<span class=\"_ _9\"></span>abl<span class=\"_ _9\"></span>e that an<span class=\"_ _335\"> </span>out<span class=\"_ _9\"></span>flow of re<span class=\"_ _9\"></span>sou<span class=\"_ _9\"></span>rces e<span class=\"_ _9\"></span>mbo<span class=\"_ _9\"></span>dy<span class=\"_ _9\"></span>ing ec<span class=\"_ _9\"></span>ono<span class=\"_ _9\"></span>mic be<span class=\"_ _9\"></span>nefit<span class=\"_ _9\"></span>s wi<span class=\"_ _9\"></span>ll be re<span class=\"_ _9\"></span>quire<span class=\"_ _9\"></span>d to set<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>le the ob<span class=\"_ _9\"></span>liga<span class=\"_ _9\"></span>tion an<span class=\"_ _9\"></span>d a relia<span class=\"_ _9\"></span>ble e<span class=\"_ _9\"></span>st<span class=\"_ _9\"></span>imate c<span class=\"_ _9\"></span>an be ma<span class=\"_ _9\"></span>de of th<span class=\"_ _9\"></span>e amou<span class=\"_ _9\"></span>nt<span class=\"_ _335\"> </span>of the obl<span class=\"_ _2\"></span>igation<span class=\"_ _11\"></span>. Provisions ar<span class=\"_ _2\"></span>e estimated consideri<span class=\"_ _2\"></span>ng vari<span class=\"_ _2\"></span>ous possible outcomes a<span class=\"_ _11\"></span>nd determining the<span class=\"_ _11\"></span> m<span class=\"_ _9\"></span>ost lik<span class=\"_ _2\"></span>ely outcome<span class=\"_ _11\"></span>. When the Group<span class=\"_ _335\"> </span>expe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s som<span class=\"_ _9\"></span>e or all of a p<span class=\"_ _9\"></span>rovis<span class=\"_ _9\"></span>ion to be r<span class=\"_ _9\"></span>eimbu<span class=\"_ _9\"></span>rse<span class=\"_ _9\"></span>d, the reim<span class=\"_ _9\"></span>burs<span class=\"_ _9\"></span>eme<span class=\"_ _9\"></span>nt is re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>gnise<span class=\"_ _9\"></span>d as a se<span class=\"_ _9\"></span>para<span class=\"_ _9\"></span>te ass<span class=\"_ _9\"></span>et, bu<span class=\"_ _9\"></span>t onl<span class=\"_ _9\"></span>y whe<span class=\"_ _9\"></span>n the reim<span class=\"_ _9\"></span>bur<span class=\"_ _9\"></span>sem<span class=\"_ _9\"></span>ent<span class=\"_ _335\"> </span>is virtually certain<span class=\"_ _2\"></span>. The expense<span class=\"_ _2\"></span> relating t<span class=\"_ _2\"></span>o a pro<span class=\"_ _2\"></span>vision is pr<span class=\"_ _2\"></span>esented in t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>e income statement<span class=\"_ _2\"></span> net of an<span class=\"_ _11\"></span>y reimbursement.<span class=\"_ _335\"> </span>If the effec<span class=\"_ _a\"></span>t of the time valu<span class=\"_ _9\"></span>e of mo<span class=\"_ _9\"></span>ney is m<span class=\"_ _9\"></span>ateri<span class=\"_ _9\"></span>al, provisi<span class=\"_ _9\"></span>ons are d<span class=\"_ _9\"></span>isco<span class=\"_ _9\"></span>unted u<span class=\"_ _9\"></span>sing a cur<span class=\"_ _9\"></span>rent pr<span class=\"_ _9\"></span>e-tax ra<span class=\"_ _9\"></span>te that r<span class=\"_ _9\"></span>eflec<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s, wh<span class=\"_ _9\"></span>en app<span class=\"_ _9\"></span>ropr<span class=\"_ _9\"></span>iate, the<span class=\"_ _335\"> </span>risk<span class=\"_ _9\"></span>s spe<span class=\"_ _9\"></span>cific to the li<span class=\"_ _9\"></span>abili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>. When di<span class=\"_ _9\"></span>scou<span class=\"_ _9\"></span>nting is u<span class=\"_ _9\"></span>sed, the in<span class=\"_ _9\"></span>cre<span class=\"_ _9\"></span>ase in th<span class=\"_ _9\"></span>e provi<span class=\"_ _9\"></span>sion du<span class=\"_ _9\"></span>e to the p<span class=\"_ _9\"></span>assa<span class=\"_ _9\"></span>ge of tim<span class=\"_ _9\"></span>e is re<span class=\"_ _9\"></span>cog<span class=\"_ _9\"></span>nise<span class=\"_ _9\"></span>d as a financ<span class=\"_ _9\"></span>e cos<span class=\"_ _9\"></span>t.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForProvisionsExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-390": {
   "value": "<div class=\"t m0 ha2 ff1 fs7 fc0 sc0 ls1b ws11a gs41d\">34<span class=\"_ _b2\"> </span><span class=\"fc4 lsab ws199\">NET PENS<span class=\"_ _9\"></span>ION SU<span class=\"_ _9\"></span>R<span class=\"_ _9\"></span>PLUS<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h4a ff1 fs1 fc0 sc0 ls1 ws1 gs41e\">A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs41f\">Contributions<span class=\"_ _11\"></span> to defined contr<span class=\"_ _2\"></span>ibution schemes ar<span class=\"_ _2\"></span>e charged t<span class=\"_ _11\"></span>o the income statement as<span class=\"_ _2\"></span> incurred<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs420\">The pension obli<span class=\"_ _2\"></span>gations aris<span class=\"_ _2\"></span>ing under<span class=\"_ _2\"></span> the Group<span class=\"_ _11\"></span>\u2019<span class=\"_ _2\"></span>s defined<span class=\"_ _2\"></span> benefit pension scheme ar<span class=\"_ _2\"></span>e measured at d<span class=\"_ _2\"></span>iscounted pr<span class=\"_ _2\"></span>esent value<span class=\"_ _11\"></span>. The scheme<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs421\">ass<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s are me<span class=\"_ _9\"></span>asure<span class=\"_ _9\"></span>d at fai<span class=\"_ _9\"></span>r value, excep<span class=\"_ _9\"></span>t annuiti<span class=\"_ _9\"></span>es wh<span class=\"_ _9\"></span>ich are valu<span class=\"_ _9\"></span>ed to m<span class=\"_ _9\"></span>atch the l<span class=\"_ _9\"></span>iabili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y or be<span class=\"_ _9\"></span>nefit val<span class=\"_ _9\"></span>ue. The ope<span class=\"_ _9\"></span>ratin<span class=\"_ _9\"></span>g and finan<span class=\"_ _9\"></span>cing co<span class=\"_ _9\"></span>st<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs422\">of the sc<span class=\"_ _9\"></span>hem<span class=\"_ _9\"></span>e are re<span class=\"_ _9\"></span>cog<span class=\"_ _9\"></span>nise<span class=\"_ _9\"></span>d sep<span class=\"_ _9\"></span>arate<span class=\"_ _9\"></span>ly in the in<span class=\"_ _9\"></span>com<span class=\"_ _9\"></span>e s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent. Ser<span class=\"_ _9\"></span>v<span class=\"_ _9\"></span>ice c<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>ts ar<span class=\"_ _9\"></span>e spre<span class=\"_ _9\"></span>ad usin<span class=\"_ _9\"></span>g the pr<span class=\"_ _9\"></span>ojec<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d unit c<span class=\"_ _9\"></span>redi<span class=\"_ _9\"></span>t me<span class=\"_ _9\"></span>tho<span class=\"_ _9\"></span>d. P<span class=\"_ _11\"></span>a<span class=\"_ _9\"></span>st s<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>v<span class=\"_ _9\"></span>ice<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs423\">cos<span class=\"_ _9\"></span>ts a<span class=\"_ _9\"></span>re rec<span class=\"_ _9\"></span>ogni<span class=\"_ _9\"></span>sed im<span class=\"_ _9\"></span>med<span class=\"_ _9\"></span>iatel<span class=\"_ _9\"></span>y in the in<span class=\"_ _9\"></span>com<span class=\"_ _9\"></span>e sta<span class=\"_ _9\"></span>teme<span class=\"_ _9\"></span>nt in the p<span class=\"_ _9\"></span>eri<span class=\"_ _9\"></span>od in w<span class=\"_ _9\"></span>hich they ar<span class=\"_ _9\"></span>e iden<span class=\"_ _9\"></span>tified. Net fina<span class=\"_ _9\"></span>ncing c<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>ts ar<span class=\"_ _9\"></span>e reco<span class=\"_ _9\"></span>gnis<span class=\"_ _9\"></span>ed in<span class=\"_ _9\"></span> <span class=\"ls1\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs424\">the pe<span class=\"_ _9\"></span>rio<span class=\"_ _9\"></span>d in whic<span class=\"_ _9\"></span>h they aris<span class=\"_ _9\"></span>e, calcula<span class=\"_ _9\"></span>ted w<span class=\"_ _9\"></span>ith re<span class=\"_ _9\"></span>fere<span class=\"_ _9\"></span>nce to the d<span class=\"_ _9\"></span>isco<span class=\"_ _9\"></span>unt rate, and ar<span class=\"_ _9\"></span>e inclu<span class=\"_ _9\"></span>ded in fin<span class=\"_ _9\"></span>ance in<span class=\"_ _9\"></span>com<span class=\"_ _9\"></span>e or exp<span class=\"_ _9\"></span>ens<span class=\"_ _9\"></span>e on a ne<span class=\"_ _9\"></span>t ba<span class=\"_ _9\"></span>sis.<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs425\">Remeasurement<span class=\"_ _11\"></span> gains and losses arisi<span class=\"_ _11\"></span>ng from either experience d<span class=\"_ _2\"></span>ifferi<span class=\"_ _2\"></span>ng from pr<span class=\"_ _2\"></span>evious actuarial ass<span class=\"_ _2\"></span>umptions,<span class=\"_ _11\"></span> or changes to those<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs426\">assumptions<span class=\"_ _2\"></span>, are<span class=\"_ _2\"></span> recognised immediately i<span class=\"_ _11\"></span>n other comprehensive income<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></div><div class=\"t m0 h4a ff1 fs1 fc2 sc0 lsd0 wsa4 gs427\">DEFINED CON<span class=\"_ _2\"></span>TRIBUTION<span class=\"_ _2\"></span> SCHEMES<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs428\">The ch<span class=\"_ _9\"></span>arge to op<span class=\"_ _9\"></span>era<span class=\"_ _9\"></span>ting profi<span class=\"_ _9\"></span>t for th<span class=\"_ _9\"></span>e year in re<span class=\"_ _9\"></span>spe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t of d<span class=\"_ _9\"></span>efine<span class=\"_ _9\"></span>d contrib<span class=\"_ _9\"></span>utio<span class=\"_ _9\"></span>n sch<span class=\"_ _9\"></span>eme<span class=\"_ _9\"></span>s was <span class=\"ff2 ls65 ws63\">\u00a3<span class=\"_ _9\"></span>2m</span> (2025: \u00a34m<span class=\"_ _11\"></span>)<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></div><div class=\"t m0 h4a ff1 fs1 fc2 sc0 ls98 ws104 gs429\">DEFINED<span class=\"_ _11\"></span> BENEFIT<span class=\"_ _2\"></span> SCHEME<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs42a\">The Pensio<span class=\"_ _9\"></span>n &amp; As<span class=\"_ _9\"></span>suran<span class=\"_ _9\"></span>ce Sch<span class=\"_ _9\"></span>em<span class=\"_ _9\"></span>e of the Lan<span class=\"_ _9\"></span>d Se<span class=\"_ _9\"></span>curi<span class=\"_ _9\"></span>ties G<span class=\"_ _9\"></span>roup of C<span class=\"_ _9\"></span>omp<span class=\"_ _9\"></span>anies (the \u2018S<span class=\"_ _9\"></span>che<span class=\"_ _9\"></span>me\u2019) is a re<span class=\"_ _9\"></span>gis<span class=\"_ _9\"></span>tere<span class=\"_ _9\"></span>d define<span class=\"_ _9\"></span>d be<span class=\"_ _9\"></span>nefit fin<span class=\"_ _9\"></span>al salar<span class=\"_ _a\"></span>y schem<span class=\"_ _9\"></span>e </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs42b\">subject to t<span class=\"_ _2\"></span>he UK regulat<span class=\"_ _11\"></span>or<span class=\"_ _9\"></span>y framework for<span class=\"_ _11\"></span> p<span class=\"_ _9\"></span>ensions, i<span class=\"_ _11\"></span>ncluding the Scheme Specific<span class=\"_ _2\"></span> F<span class=\"_ _11\"></span>unding requirements<span class=\"_ _11\"></span>. The Scheme is operated under<span class=\"_ _2\"></span> trust </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs42c\">and as su<span class=\"_ _9\"></span>ch, the T<span class=\"_ _11\"></span>r<span class=\"_ _9\"></span>us<span class=\"_ _9\"></span>tee<span class=\"_ _9\"></span>s of the S<span class=\"_ _9\"></span>chem<span class=\"_ _9\"></span>e are re<span class=\"_ _9\"></span>spo<span class=\"_ _9\"></span>nsib<span class=\"_ _9\"></span>le for o<span class=\"_ _9\"></span>per<span class=\"_ _9\"></span>ating th<span class=\"_ _9\"></span>e Sch<span class=\"_ _9\"></span>eme an<span class=\"_ _9\"></span>d they ha<span class=\"_ _9\"></span>ve a s<span class=\"_ _9\"></span>tatuto<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>y re<span class=\"_ _9\"></span>spo<span class=\"_ _9\"></span>nsibili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y to ac<span class=\"_ _9\"></span>t in a<span class=\"_ _9\"></span>ccord<span class=\"_ _9\"></span>ance<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs42d\">with th<span class=\"_ _9\"></span>e Sch<span class=\"_ _9\"></span>eme\u2019s T<span class=\"_ _1\"></span>r<span class=\"_ _9\"></span>us<span class=\"_ _9\"></span>t De<span class=\"_ _9\"></span>ed and Rule<span class=\"_ _9\"></span>s, in the b<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>t inter<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>t of the b<span class=\"_ _9\"></span>en<span class=\"_ _9\"></span>eficiari<span class=\"_ _9\"></span>es of th<span class=\"_ _9\"></span>e Sch<span class=\"_ _9\"></span>eme an<span class=\"_ _9\"></span>d UK le<span class=\"_ _9\"></span>gisl<span class=\"_ _9\"></span>ation (<span class=\"_ _9\"></span>inclu<span class=\"_ _9\"></span>ding tru<span class=\"_ _9\"></span>st l<span class=\"_ _9\"></span>aw)<span class=\"_ _1\"></span>. Th<span class=\"_ _9\"></span>e </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs42e\">T<span class=\"_ _11\"></span>rus<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>es an<span class=\"_ _9\"></span>d the Gro<span class=\"_ _9\"></span>up ha<span class=\"_ _9\"></span>ve the join<span class=\"_ _9\"></span>t power to s<span class=\"_ _9\"></span>et th<span class=\"_ _9\"></span>e contri<span class=\"_ _9\"></span>butio<span class=\"_ _9\"></span>ns tha<span class=\"_ _9\"></span>t are pa<span class=\"_ _9\"></span>id to the Sc<span class=\"_ _9\"></span>hem<span class=\"_ _9\"></span>e.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs42f\">In set<span class=\"_ _9\"></span>tin<span class=\"_ _9\"></span>g contr<span class=\"_ _9\"></span>ibuti<span class=\"_ _9\"></span>ons to the S<span class=\"_ _9\"></span>che<span class=\"_ _9\"></span>me, the T<span class=\"_ _11\"></span>r<span class=\"_ _9\"></span>us<span class=\"_ _9\"></span>tee<span class=\"_ _9\"></span>s and the G<span class=\"_ _9\"></span>roup ar<span class=\"_ _9\"></span>e guide<span class=\"_ _9\"></span>d by the ad<span class=\"_ _9\"></span>vic<span class=\"_ _9\"></span>e of a qua<span class=\"_ _9\"></span>lified ind<span class=\"_ _9\"></span>ep<span class=\"_ _9\"></span>ende<span class=\"_ _9\"></span>nt ac<span class=\"_ _9\"></span>tu<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>y on th<span class=\"_ _9\"></span>e ba<span class=\"_ _9\"></span>sis </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs430\">of trie<span class=\"_ _9\"></span>nnial valua<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>s using th<span class=\"_ _9\"></span>e proje<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ted u<span class=\"_ _9\"></span>nit cre<span class=\"_ _9\"></span>dit m<span class=\"_ _9\"></span>eth<span class=\"_ _9\"></span>od. The Sc<span class=\"_ _9\"></span>hem<span class=\"_ _9\"></span>e is clo<span class=\"_ _9\"></span>sed to n<span class=\"_ _9\"></span>ew me<span class=\"_ _9\"></span>mbe<span class=\"_ _9\"></span>rs (<span class=\"_ _2\"></span>and was cl<span class=\"_ _9\"></span>ose<span class=\"_ _9\"></span>d to futur<span class=\"_ _9\"></span>e accr<span class=\"_ _9\"></span>ual on<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs431\">3<span class=\"_ _11\"></span>1 Oc<span class=\"_ _9\"></span>tober 201<span class=\"_ _11\"></span>9)<span class=\"_ _1\"></span>. A ful<span class=\"_ _2\"></span>l actuarial v<span class=\"_ _2\"></span>aluation of<span class=\"_ _11\"></span> the Scheme was undertaken<span class=\"_ _2\"></span> on 30 J<span class=\"_ _2\"></span>une 20<span class=\"_ _11\"></span>24 by t<span class=\"_ _11\"></span>he independent ac<span class=\"_ _9\"></span>tuaries,<span class=\"_ _11\"></span> Hymans Robert<span class=\"_ _9\"></span>son </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs432\">LLP<span class=\"_ _12\"></span>. This valu<span class=\"_ _9\"></span>atio<span class=\"_ _9\"></span>n was up<span class=\"_ _9\"></span>date<span class=\"_ _9\"></span>d to 3<span class=\"_ _2\"></span>1 March 2026 using, wh<span class=\"_ _9\"></span>ere re<span class=\"_ _9\"></span>quire<span class=\"_ _9\"></span>d, assum<span class=\"_ _9\"></span>ptio<span class=\"_ _9\"></span>ns pre<span class=\"_ _9\"></span>scrib<span class=\"_ _9\"></span>ed by IA<span class=\"_ _9\"></span>S 19 Employee B<span class=\"_ _9\"></span>en<span class=\"_ _9\"></span>efits. </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs433\">Ther<span class=\"_ _9\"></span>e have b<span class=\"_ _9\"></span>ee<span class=\"_ _9\"></span>n no emp<span class=\"_ _9\"></span>loyer or e<span class=\"_ _9\"></span>mpl<span class=\"_ _9\"></span>oyee con<span class=\"_ _9\"></span>tribu<span class=\"_ _9\"></span>tions fo<span class=\"_ _9\"></span>llow<span class=\"_ _9\"></span>ing the c<span class=\"_ _9\"></span>losure o<span class=\"_ _9\"></span>f the Sc<span class=\"_ _9\"></span>hem<span class=\"_ _9\"></span>e to futur<span class=\"_ _9\"></span>e accr<span class=\"_ _9\"></span>ual on 31 Oc<span class=\"_ _9\"></span>tob<span class=\"_ _9\"></span>er 2019<span class=\"_ _1\"></span>. Prior to this,<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs434\">the employ<span class=\"_ _11\"></span>er contribution r<span class=\"_ _2\"></span>ate was<span class=\"_ _2\"></span> 43<span class=\"_ _11\"></span>.<span class=\"_ _11\"></span>1%<span class=\"_ _2\"></span> of pensionable sa<span class=\"_ _11\"></span>lar<span class=\"_ _9\"></span>y to cover<span class=\"_ _11\"></span> the cost<span class=\"_ _9\"></span>s of accrui<span class=\"_ _2\"></span>ng benefits and t<span class=\"_ _2\"></span>he employ<span class=\"_ _2\"></span>ee contribut<span class=\"_ _2\"></span>ions were <span class=\"ls1 ws1\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs435\">at 8% of monthl<span class=\"_ _9\"></span>y pe<span class=\"_ _9\"></span>nsion<span class=\"_ _9\"></span>able s<span class=\"_ _9\"></span>alar<span class=\"_ _a\"></span>y<span class=\"_ _1\"></span>. It wa<span class=\"_ _9\"></span>s also ag<span class=\"_ _9\"></span>ree<span class=\"_ _9\"></span>d that n<span class=\"_ _9\"></span>o fur<span class=\"_ _9\"></span>th<span class=\"_ _9\"></span>er defic<span class=\"_ _9\"></span>it co<span class=\"_ _9\"></span>ntribu<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>s were re<span class=\"_ _9\"></span>quire<span class=\"_ _9\"></span>d from th<span class=\"_ _9\"></span>e Group. Employee<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs436\">contributi<span class=\"_ _2\"></span>ons were<span class=\"_ _2\"></span> paid by<span class=\"_ _2\"></span> salary sacrifice<span class=\"_ _2\"></span>, and t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>erefore appeared as<span class=\"_ _11\"></span> G<span class=\"_ _9\"></span>roup cont<span class=\"_ _11\"></span>ributions. The<span class=\"_ _11\"></span> G<span class=\"_ _9\"></span>roup does not expect to mak<span class=\"_ _11\"></span>e any emplo<span class=\"_ _11\"></span>yee </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs437\">or emp<span class=\"_ _9\"></span>loyer co<span class=\"_ _9\"></span>ntribu<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>s to the Sc<span class=\"_ _9\"></span>hem<span class=\"_ _9\"></span>e in the year to 31 March 2027 (2026<span class=\"_ _11\"></span>: \u00a3ni<span class=\"_ _9\"></span>l)<span class=\"_ _1\"></span>.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs438\">All death-<span class=\"_ _11\"></span>in-service and incapacity benefits arising d<span class=\"_ _2\"></span>uring em<span class=\"_ _2\"></span>ployment are<span class=\"_ _11\"></span> w<span class=\"_ _9\"></span>holly insu<span class=\"_ _2\"></span>red.<span class=\"_ _11\"></span> No pos<span class=\"_ _9\"></span>t-r<span class=\"_ _2\"></span>etirement benefits other<span class=\"_ _2\"></span> than pensions </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs439\">are mad<span class=\"_ _9\"></span>e avail<span class=\"_ _9\"></span>able to e<span class=\"_ _9\"></span>mploye<span class=\"_ _9\"></span>es of th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up.<span class=\"_ _335\"> </span></div><div class=\"t m0 h11 ff1 fs9 fc2 sc0 ls3d ws2e gs43a\">ANAL<span class=\"_ _1\"></span>YSIS OF<span class=\"_ _11\"></span> THE AMOUNTS<span class=\"_ _11\"></span> CHARGED TO<span class=\"_ _11\"></span> THE INCOME ST<span class=\"_ _1\"></span>AT<span class=\"_ _2\"></span>EMENT<span class=\"_ _335\"> </span></div><div class=\"gs43b\"><table class=\"s w2c4 hfc\" id=\"_9c751e78-5320-4996-be7c-8c4c9fcde54c\"><tr><td></td><td class=\"t m0 x2ba h15 y351f ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y351f ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24d h15 y3520 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3520 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"t m0 x297 h9 y3521 ff2 fs6 fc2 sc0 ls22 ws1\">Analys<span class=\"_ _9\"></span>is of the am<span class=\"_ _9\"></span>ount char<span class=\"_ _9\"></span>ged to op<span class=\"_ _9\"></span>eratin<span class=\"_ _9\"></span>g profit<span class=\"_ _335\"> </span></td><td></td><td></td></tr><tr><td class=\"c n x24f y3522 w2c5 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Current<span class=\"_ _2\"></span> ser<span class=\"_ _9\"></span>vice costs<span class=\"_ _335\"> </span></div></td><td class=\"c n xc9f y3522 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x3d3 y3522 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3523 w2c6 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Pa<span class=\"_ _2\"></span>st ser<span class=\"_ _9\"></span>vice costs<span class=\"_ _335\"> </span></div></td><td class=\"c n xd60 y3523 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x695 y3523 w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3524 w2c7 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Charge to op<span class=\"_ _9\"></span>eratin<span class=\"_ _9\"></span>g profit<span class=\"_ _335\"> </span></div></td><td class=\"c n xd61 y3524 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x63a y3524 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x297 h9 y3525 ff2 fs6 fc2 sc0 ls22 ws1\">Analys<span class=\"_ _9\"></span>is of amo<span class=\"_ _9\"></span>unt cred<span class=\"_ _9\"></span>ited to net fina<span class=\"_ _9\"></span>nce exp<span class=\"_ _9\"></span>ens<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span></td><td></td><td></td></tr><tr><td class=\"c n x24f y3526 w2c8 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Interest income on<span class=\"_ _11\"></span> plan asset<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xd62 y3526 w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(8)<span class=\"_ _335\"> </span></div></td><td class=\"c n xd63 y3526 w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(8)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3527 w2c9 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Interest expense on<span class=\"_ _2\"></span> defined benefit scheme<span class=\"_ _2\"></span> liabil<span class=\"_ _2\"></span>ities<span class=\"_ _335\"> </span></div></td><td class=\"c n xd64 y3527 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n x5b5 y3527 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">8<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w2ca hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Impact on net finance expense<span class=\"_ _335\"> </span></div></td><td class=\"c n xd65 y32cd w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n xd66 y32cd w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h11 ff1 fs9 fc2 sc0 ls3d ws2e gs43c\">ANAL<span class=\"_ _1\"></span>YSIS OF<span class=\"_ _11\"></span> THE AMOUNTS<span class=\"_ _11\"></span> R<span class=\"_ _9\"></span>ECOGNISED<span class=\"_ _11\"></span> IN OTHER C<span class=\"_ _2\"></span>OMPREHENSIVE IN<span class=\"_ _2\"></span>COME<span class=\"_ _335\"> </span></div><div class=\"gs43d\"><table class=\"s w2cb hfd\" id=\"_e7d08c28-1836-4c10-aa15-46df14d53235\"><tr><td></td><td class=\"t m0 x2ba h15 y3528 ff2 fsd fc2 sc0 ls3f wsbc\">2026 </td><td class=\"t m0 x247 h15 y3528 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24d h15 y3529 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3529 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"t m0 x297 h9 y352a ff2 fs6 fc2 sc0 ls22 ws1\">Analysis of gains and losses<span class=\"_ _335\"> </span></td><td></td><td></td></tr><tr><td class=\"c n x24f y352b w2cc hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Net r<span class=\"_ _2\"></span>emeasurement<span class=\"_ _2\"></span> gains on scheme assets<span class=\"_ _335\"> </span></div></td><td class=\"c n x733 y352b w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xad8 y352b w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">18<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y352c w2cd hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Net r<span class=\"_ _2\"></span>emeasurement<span class=\"_ _2\"></span> losses on scheme liabilities<span class=\"_ _335\"> </span></div></td><td class=\"c n xd67 y352c w8d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n xd68 y352c w32 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(18)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y352d w2ce hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Net remeasur<span class=\"_ _2\"></span>ement amoun<span class=\"_ _11\"></span>t<span class=\"_ _335\"> </span></div></td><td class=\"c n xac8 y352d w37 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd69 y352d w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y352f w2cf hfe\"><div class=\"t m0 x239 h9 y352e ff2 fs6 fc2 sc0 ls22 ws1\">Cumulativ<span class=\"_ _2\"></span>e net remeasuremen<span class=\"_ _11\"></span>t loss recognised in other comprehensiv<span class=\"_ _2\"></span>e income<span class=\"_ _335\"> </span></div></td><td class=\"c n xd6a y352f w2b hfe\"><div class=\"t m0 x239 h9 y352e ff2 fs6 fc2 sc0 ls22 ws21\">(41)<span class=\"_ _335\"> </span></div></td><td class=\"c n xd6b y352f w2a hfe\"><div class=\"t m0 x239 h9 y352e ff3 fs6 fc2 sc0 ls22 ws21\">(41)<span class=\"_ _335\"> </span></div></td></tr></table></div>The ne<span class=\"_ _9\"></span>t surp<span class=\"_ _9\"></span>lus re<span class=\"_ _9\"></span>cogn<span class=\"_ _9\"></span>ise<span class=\"_ _9\"></span>d in resp<span class=\"_ _9\"></span>ec<span class=\"_ _a\"></span>t of the define<span class=\"_ _9\"></span>d be<span class=\"_ _9\"></span>nefit s<span class=\"_ _9\"></span>che<span class=\"_ _9\"></span>me can b<span class=\"_ _9\"></span>e anal<span class=\"_ _9\"></span>yse<span class=\"_ _9\"></span>d as foll<span class=\"_ _9\"></span>ows:<span class=\"_ _335\"> </span><table class=\"s w2d0 hff\" id=\"_fe87d23d-77cb-4d8e-a0c6-7fb841b11c90\"><tr><td></td><td></td><td class=\"t m0 x240 h15 y3530 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td></td><td class=\"t m0 x247 h15 y3530 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 xd6c h15 y3531 ff2 fsd fc2 sc0 ls1 ws1\">%<span class=\"_ _335\"> </span></td><td class=\"c n xd6d y3532 w2d1 hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></div></td><td class=\"c n xd6e y3532 w2d2 hb8\"><div class=\"t m0 x239 h15 y320f ff3 fsd fc2 sc0 ls1 ws1\">%<span class=\"_ _335\"> </span></div></td><td class=\"t m0 x24e h15 y3531 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32e0 w2d3 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls37 ws34\">Insurance contrac<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xd6f y32e0 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">90<span class=\"_ _335\"> </span></div></td><td class=\"c n xd70 y32e0 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">129<span class=\"_ _335\"> </span></div></td><td class=\"c n xd71 y32e0 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">90<span class=\"_ _335\"> </span></div></td><td class=\"c n xcd8 y32e0 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">132<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32c8 w61 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls65 ws90\">Cash and cash equivalents<span class=\"_ _335\"> </span></div></td><td class=\"c n xd72 y32c8 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td><td class=\"c n xd73 y32c8 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">15<span class=\"_ _335\"> </span></div></td><td class=\"c n xd50 y32c8 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td><td class=\"c n x6dc y32c8 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">15<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32c9 w2d4 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Fair value of sch<span class=\"_ _9\"></span>eme a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>ts<span class=\"_ _335\"> </span></div></td><td class=\"c n x3dd y32c9 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">100<span class=\"_ _335\"> </span></div></td><td class=\"c n x3de y32c9 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">144<span class=\"_ _335\"> </span></div></td><td class=\"c n x2af y32c9 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">100<span class=\"_ _335\"> </span></div></td><td class=\"c n x2b0 y32c9 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">147<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32ca w2d5 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws33\">Fair value of scheme liab<span class=\"_ _9\"></span>ilities<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xd74 y32ca w30 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(131)<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xd75 y32ca w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(132)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w2d6 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Net p<span class=\"_ _9\"></span>ens<span class=\"_ _9\"></span>ion surp<span class=\"_ _9\"></span>lus as p<span class=\"_ _9\"></span>er IA<span class=\"_ _9\"></span>S 1<span class=\"_ _11\"></span>9<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xd76 y32cb w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">13<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n x383 y32cb w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">15<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w2d7 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Expe<span class=\"_ _9\"></span>cted authorised payments charge<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xd59 y32cc w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(3)<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xd77 y32cc w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(4)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w2d8 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls7e ws85\">Net pension surplus<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xd54 y32cd w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n x4e8 y32cd w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td></tr></table>In the year e<span class=\"_ _9\"></span>nde<span class=\"_ _9\"></span>d 31 March 2026<span class=\"_ _11\"></span>, <span class=\"ff2 ls120 ws156\">\u00a31<span class=\"_ _9\"></span>0<span class=\"_ _9\"></span>m<span class=\"_ _9\"></span></span> (2025: \u00a39<span class=\"_ _11\"></span>m) of benefi<span class=\"_ _9\"></span>ts we<span class=\"_ _9\"></span>re pai<span class=\"_ _9\"></span>d to memb<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>s.<span class=\"_ _335\"> </span>In De<span class=\"_ _9\"></span>cemb<span class=\"_ _9\"></span>er 2022, the S<span class=\"_ _9\"></span>che<span class=\"_ _9\"></span>me trans<span class=\"_ _9\"></span>ac<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d a buy-in pol<span class=\"_ _9\"></span>icy f<span class=\"_ _9\"></span>or \u00a379m covering all r<span class=\"_ _9\"></span>emaini<span class=\"_ _9\"></span>ng uninsur<span class=\"_ _9\"></span>ed me<span class=\"_ _9\"></span>mb<span class=\"_ _9\"></span>ers. This in<span class=\"_ _9\"></span>suranc<span class=\"_ _9\"></span>e contra<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t is valu<span class=\"_ _9\"></span>ed<span class=\"_ _335\"> </span>as an as<span class=\"_ _9\"></span>set u<span class=\"_ _9\"></span>sing the s<span class=\"_ _9\"></span>ame IA<span class=\"_ _9\"></span>S 19 assump<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>s. Insurance co<span class=\"_ _9\"></span>ntrac<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s are an<span class=\"_ _9\"></span>nuitie<span class=\"_ _9\"></span>s whic<span class=\"_ _9\"></span>h are unq<span class=\"_ _9\"></span>uote<span class=\"_ _9\"></span>d ass<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s. All oth<span class=\"_ _9\"></span>er Sch<span class=\"_ _9\"></span>em<span class=\"_ _9\"></span>e ass<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s have<span class=\"_ _335\"> </span>quote<span class=\"_ _9\"></span>d pri<span class=\"_ _9\"></span>ces in a<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tive m<span class=\"_ _9\"></span>arkets. The S<span class=\"_ _9\"></span>che<span class=\"_ _9\"></span>me as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ts do n<span class=\"_ _9\"></span>ot in<span class=\"_ _9\"></span>clud<span class=\"_ _9\"></span>e any direc<span class=\"_ _9\"></span>tl<span class=\"_ _9\"></span>y own<span class=\"_ _9\"></span>ed finan<span class=\"_ _9\"></span>cial ins<span class=\"_ _9\"></span>tr<span class=\"_ _9\"></span>umen<span class=\"_ _9\"></span>ts is<span class=\"_ _9\"></span>sue<span class=\"_ _9\"></span>d by the Gro<span class=\"_ _9\"></span>up. Indirec<span class=\"_ _9\"></span>tly<span class=\"_ _335\"> </span>owne<span class=\"_ _9\"></span>d financ<span class=\"_ _9\"></span>ial ins<span class=\"_ _9\"></span>tru<span class=\"_ _9\"></span>ment<span class=\"_ _9\"></span>s ha<span class=\"_ _9\"></span>d a fair value o<span class=\"_ _9\"></span>f <span class=\"ff2 ls1f ws1d\">\u00a3nil</span> (2025: \u00a3nil)<span class=\"_ _1\"></span>.<span class=\"_ _335\"> </span>In the mo<span class=\"_ _9\"></span>st r<span class=\"_ _9\"></span>ece<span class=\"_ _9\"></span>nt trie<span class=\"_ _9\"></span>nnial valu<span class=\"_ _9\"></span>ation, th<span class=\"_ _9\"></span>e define<span class=\"_ _9\"></span>d be<span class=\"_ _9\"></span>nefit s<span class=\"_ _9\"></span>chem<span class=\"_ _9\"></span>e liabi<span class=\"_ _9\"></span>litie<span class=\"_ _9\"></span>s were sp<span class=\"_ _9\"></span>lit <span class=\"ff2 ls1f ws1d\">nil%</span> (2025: nil%<span class=\"_ _1\"></span>) in re<span class=\"_ _9\"></span>sp<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>t o<span class=\"_ _9\"></span>f ac<span class=\"_ _9\"></span>tive s<span class=\"_ _9\"></span>che<span class=\"_ _9\"></span>me<span class=\"_ _335\"> </span>par<span class=\"_ _9\"></span>ticip<span class=\"_ _9\"></span>ants, <span class=\"ff2 ls4a ws52\">26<span class=\"_ _11\"></span><span class=\"ff3 ls22 ws1\">% (<span class=\"_ _9\"></span>2025: 3<span class=\"_ _11\"></span>1%<span class=\"_ _1\"></span>) in r<span class=\"_ _9\"></span>esp<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>t o<span class=\"_ _9\"></span>f def<span class=\"_ _9\"></span>erre<span class=\"_ _9\"></span>d sch<span class=\"_ _9\"></span>eme p<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>tic<span class=\"_ _9\"></span>ipant<span class=\"_ _9\"></span>s, and <span class=\"ff2 ls12f ws165\">74<span class=\"_ _9\"></span>%<span class=\"_ _a\"></span></span> (2025: 69<span class=\"_ _2\"></span>%<span class=\"_ _11\"></span>) in res<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t of re<span class=\"_ _9\"></span>tire<span class=\"_ _9\"></span>es. As th<span class=\"_ _9\"></span>e Sch<span class=\"_ _9\"></span>eme i<span class=\"_ _9\"></span>s now<span class=\"_ _335\"> </span></span></span>clos<span class=\"_ _9\"></span>ed to fu<span class=\"_ _9\"></span>ture ac<span class=\"_ _9\"></span>crual, the<span class=\"_ _9\"></span>re are no l<span class=\"_ _9\"></span>ong<span class=\"_ _9\"></span>er any ac<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>ve sche<span class=\"_ _9\"></span>me p<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>ticip<span class=\"_ _9\"></span>ant<span class=\"_ _9\"></span>s. The weigh<span class=\"_ _9\"></span>ted ave<span class=\"_ _9\"></span>rage d<span class=\"_ _9\"></span>uratio<span class=\"_ _9\"></span>n of the d<span class=\"_ _9\"></span>efine<span class=\"_ _9\"></span>d ben<span class=\"_ _9\"></span>efit sc<span class=\"_ _9\"></span>hem<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span>liabili<span class=\"_ _9\"></span>ties a<span class=\"_ _9\"></span>t 31 March 2026 is <span class=\"ff2 ls16e ws1b0\">1<span class=\"_ _9\"></span>0<span class=\"_ _9\"></span>.1<span class=\"_ _a\"></span> y<span class=\"_ _9\"></span>e<span class=\"_ _a\"></span>a<span class=\"_ _a\"></span>r<span class=\"_ _a\"></span>s<span class=\"_ _9\"></span></span> (202<span class=\"_ _9\"></span>5: 1<span class=\"_ _2\"></span>0<span class=\"_ _2\"></span>.7 years)<span class=\"_ _1\"></span>.<span class=\"_ _335\"> </span>The as<span class=\"_ _9\"></span>sump<span class=\"_ _9\"></span>tions a<span class=\"_ _9\"></span>gree<span class=\"_ _9\"></span>d wi<span class=\"_ _9\"></span>th the T<span class=\"_ _11\"></span>r<span class=\"_ _9\"></span>us<span class=\"_ _9\"></span>tee<span class=\"_ _9\"></span>s of the S<span class=\"_ _9\"></span>che<span class=\"_ _9\"></span>me fo<span class=\"_ _9\"></span>r the trie<span class=\"_ _9\"></span>nnial valu<span class=\"_ _9\"></span>atio<span class=\"_ _9\"></span>n at 30 Jun<span class=\"_ _9\"></span>e 2024 have be<span class=\"_ _9\"></span>en res<span class=\"_ _9\"></span>ta<span class=\"_ _9\"></span>ted to the a<span class=\"_ _9\"></span>ssum<span class=\"_ _9\"></span>ption<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span>des<span class=\"_ _9\"></span>crib<span class=\"_ _9\"></span>ed by IA<span class=\"_ _9\"></span>S 19 Employee Be<span class=\"_ _9\"></span>nefit<span class=\"_ _9\"></span>s. The majo<span class=\"_ _9\"></span>r assu<span class=\"_ _9\"></span>mptio<span class=\"_ _9\"></span>ns us<span class=\"_ _9\"></span>ed in the val<span class=\"_ _9\"></span>uati<span class=\"_ _9\"></span>on were (i<span class=\"_ _9\"></span>n nomin<span class=\"_ _9\"></span>al terms)<span class=\"_ _1\"></span>:<span class=\"_ _335\"> </span><table class=\"s w2d9 h100\" id=\"_ec93a4d4-46b1-4467-b659-315295a4bc16\"><tr><td></td><td class=\"t m0 x2ba h15 y3533 ff2 fsd fc2 sc0 ls3f wsbc\">2026 </td><td class=\"t m0 x247 h15 y3533 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 xd78 h15 y3534 ff2 fsd fc2 sc0 ls1 ws1\">%<span class=\"_ _335\"> </span></td><td class=\"t m0 xd79 h15 y3534 ff3 fsd fc2 sc0 ls1 ws1\">%<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32e1 w2da hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Rate<span class=\"_ _11\"></span> of increase in pensionable<span class=\"_ _2\"></span> salaries<span class=\"_ _335\"> </span></div></td><td class=\"c n xd7a y32e1 wf7 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls92 ws9d\">n<span class=\"_ _a\"></span>/a<span class=\"_ _335\"> </span></div></td><td class=\"c n xd7b y32e1 w2db hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls91 ws9c\">n<span class=\"_ _32\"></span>/a<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e2 w2dc hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Rate of incr<span class=\"_ _9\"></span>eas<span class=\"_ _9\"></span>e in pen<span class=\"_ _9\"></span>sion<span class=\"_ _9\"></span>s with n<span class=\"_ _9\"></span>o cap<span class=\"_ _335\"> </span></div></td><td class=\"c n xd7c y32e2 w2dd hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">3.60<span class=\"_ _335\"> </span></div></td><td class=\"c n x4f7 y32e2 w14a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">3.40<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e3 w2de hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Rate of incr<span class=\"_ _9\"></span>eas<span class=\"_ _9\"></span>e in pen<span class=\"_ _9\"></span>sion<span class=\"_ _9\"></span>s with 5% cap<span class=\"_ _335\"> </span></div></td><td class=\"c n xd7d y32e3 w152 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">3.05<span class=\"_ _335\"> </span></div></td><td class=\"c n xd7e y32e3 w14a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">3.30<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e4 w2df hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls37 ws34\">Discount ra<span class=\"_ _9\"></span>te<span class=\"_ _335\"> </span></div></td><td class=\"c n xd7f y32e4 w152 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">6.05<span class=\"_ _335\"> </span></div></td><td class=\"c n xd80 y32e4 w14a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">5.70<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w2e0 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Inflation \u2013 Re<span class=\"_ _9\"></span>tail Price In<span class=\"_ _9\"></span>dex<span class=\"_ _335\"> </span></div></td><td class=\"c n xd81 y32cc w152 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">3.60<span class=\"_ _335\"> </span></div></td><td class=\"c n xd82 y32cc w149 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">3.40<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n xd83 y32cd w2e1 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">\u2013 Consumer P<span class=\"_ _11\"></span>rice Index<span class=\"_ _335\"> </span></div></td><td class=\"c n xd84 y32cd w152 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">3.05<span class=\"_ _335\"> </span></div></td><td class=\"c n xd85 y32cd w149 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">2.75<span class=\"_ _335\"> </span></div></td></tr></table>The mo<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tali<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y assum<span class=\"_ _9\"></span>ptio<span class=\"_ _9\"></span>ns use<span class=\"_ _9\"></span>d in this valu<span class=\"_ _9\"></span>atio<span class=\"_ _9\"></span>n were:<span class=\"_ _335\"> </span><table class=\"s w2e2 hd4\" id=\"_19017a14-24ea-4d53-b2cf-dc86635966a5\"><tr><td></td><td class=\"t m0 x2ba h15 y3535 ff2 fsd fc2 sc0 ls3f wsbc\">2026 </td><td class=\"t m0 x247 h15 y3535 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x246 h15 y3536 ff2 fsd fc2 sc0 ls7d ws84\">Ye<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>r<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></td><td class=\"t m0 x33a h15 y3536 ff3 fsd fc2 sc0 ls7d ws84\">Ye<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>r<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32ca w2e3 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Life expectancy at age 6<span class=\"_ _2\"></span>0 for cu<span class=\"_ _2\"></span>rrent pensioners \u2013 Men<span class=\"_ _335\"> </span></div></td><td class=\"c n xd86 y32ca w152 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">26.2<span class=\"_ _335\"> </span></div></td><td class=\"c n xd87 y32ca w149 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">25.9<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n xd88 y32cb w2e4 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">\u2013 W<span class=\"_ _11\"></span>omen<span class=\"_ _335\"> </span></div></td><td class=\"c n xd89 y32cb w152 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">28.5<span class=\"_ _335\"> </span></div></td><td class=\"c n xd8a y32cb w14a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">28.5<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w2e5 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Life exp<span class=\"_ _9\"></span>ec<span class=\"_ _a\"></span>tancy a<span class=\"_ _9\"></span>t age 60 for f<span class=\"_ _9\"></span>uture p<span class=\"_ _9\"></span>ens<span class=\"_ _9\"></span>ione<span class=\"_ _9\"></span>rs (current age 4<span class=\"_ _9\"></span>0) \u2013 Men<span class=\"_ _335\"> </span></div></td><td class=\"c n xd8b y32cc w152 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">27.1<span class=\"_ _335\"> </span></div></td><td class=\"c n xd8c y32cc w149 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">27.3<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n xd8d y32cd w2e6 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">\u2013 W<span class=\"_ _11\"></span>omen<span class=\"_ _335\"> </span></div></td><td class=\"c n xd8e y32cd w2dd hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">30.6<span class=\"_ _335\"> </span></div></td><td class=\"c n xd8f y32cd w14a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">30.9<span class=\"_ _335\"> </span></div></td></tr></table>The se<span class=\"_ _9\"></span>nsiti<span class=\"_ _9\"></span>vi<span class=\"_ _9\"></span>ties re<span class=\"_ _9\"></span>gard<span class=\"_ _9\"></span>ing the p<span class=\"_ _9\"></span>rincip<span class=\"_ _9\"></span>al as<span class=\"_ _9\"></span>sumpti<span class=\"_ _9\"></span>ons us<span class=\"_ _9\"></span>ed to m<span class=\"_ _9\"></span>easur<span class=\"_ _9\"></span>e the Sc<span class=\"_ _9\"></span>hem<span class=\"_ _9\"></span>e liabili<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s are se<span class=\"_ _9\"></span>t out b<span class=\"_ _9\"></span>elow<span class=\"_ _11\"></span>. T<span class=\"_ _9\"></span>hes<span class=\"_ _9\"></span>e were c<span class=\"_ _9\"></span>alcula<span class=\"_ _9\"></span>ted u<span class=\"_ _9\"></span>sing<span class=\"_ _335\"> </span>approx<span class=\"_ _9\"></span>imate m<span class=\"_ _9\"></span>eth<span class=\"_ _9\"></span>ods tak<span class=\"_ _9\"></span>ing into a<span class=\"_ _9\"></span>ccoun<span class=\"_ _9\"></span>t the dura<span class=\"_ _9\"></span>tion of th<span class=\"_ _9\"></span>e Sch<span class=\"_ _9\"></span>em<span class=\"_ _9\"></span>e liabili<span class=\"_ _9\"></span>ties.<span class=\"_ _335\"> </span><table class=\"s w2e7 h101\" id=\"_be1c1ba3-90df-4057-80bd-9d702451a13e\"><tr><td class=\"c n x24f y3537 w2e8 hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls77 ws7d\">Assumption<span class=\"_ _335\"> </span></div></td><td class=\"c n xd90 y3537 w2e9 hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls41 ws36\">C<span class=\"_ _11\"></span>hange in assump<span class=\"_ _2\"></span>tion<span class=\"_ _335\"> </span></div></td><td class=\"c n xd91 y3537 w2ea hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls78 ws7f\">Impact on Scheme liabilities<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y33ac w2df hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls37 ws34\">Discount ra<span class=\"_ _9\"></span>te<span class=\"_ _335\"> </span></div></td><td class=\"c n xd92 y33ac w2eb hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws61\">Decrease<span class=\"_ _2\"></span> by<span class=\"_ _2\"></span> 0<span class=\"_ _1\"></span>.5<span class=\"_ _11\"></span>%<span class=\"_ _335\"> </span></div></td><td class=\"c n xd93 y33ac w2ec hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Incre<span class=\"_ _9\"></span>ase by \u00a37<span class=\"_ _11\"></span>m<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y33ad w2ed hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls37 ws34\">Life expe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tancy<span class=\"_ _335\"> </span></div></td><td class=\"c n xd94 y33ad w2ee hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Incr<span class=\"_ _9\"></span>eas<span class=\"_ _9\"></span>e by 1 year<span class=\"_ _335\"> </span></div></td><td class=\"c n xd95 y33ad w2ef hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Incre<span class=\"_ _9\"></span>ase by \u00a35m<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w2f0 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Rate of inflatio<span class=\"_ _9\"></span>n<span class=\"_ _335\"> </span></div></td><td class=\"c n xd96 y32cd w2f1 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">In<span class=\"_ _9\"></span>crea<span class=\"_ _9\"></span>se by 0<span class=\"_ _11\"></span>.5<span class=\"_ _11\"></span>%<span class=\"_ _335\"> </span></div></td><td class=\"c n xd97 y32cd w2ef hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Incre<span class=\"_ _9\"></span>ase by \u00a35m<span class=\"_ _335\"> </span></div></td></tr></table>The ab<span class=\"_ _9\"></span>ove sens<span class=\"_ _9\"></span>itiv<span class=\"_ _9\"></span>itie<span class=\"_ _9\"></span>s show th<span class=\"_ _9\"></span>e imp<span class=\"_ _9\"></span>ac<span class=\"_ _9\"></span>t on li<span class=\"_ _9\"></span>abiliti<span class=\"_ _9\"></span>es on<span class=\"_ _9\"></span>ly and d<span class=\"_ _9\"></span>o not r<span class=\"_ _9\"></span>eflec<span class=\"_ _a\"></span>t the hed<span class=\"_ _9\"></span>ging the S<span class=\"_ _9\"></span>che<span class=\"_ _9\"></span>me ha<span class=\"_ _9\"></span>s in pla<span class=\"_ _9\"></span>ce. In Dece<span class=\"_ _9\"></span>mbe<span class=\"_ _9\"></span>r 2022, the<span class=\"_ _335\"> </span>Sch<span class=\"_ _9\"></span>eme tran<span class=\"_ _9\"></span>sac<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d a bu<span class=\"_ _9\"></span>y-in polic<span class=\"_ _9\"></span>y for \u00a379m coverin<span class=\"_ _9\"></span>g all rem<span class=\"_ _9\"></span>aining unin<span class=\"_ _9\"></span>sured m<span class=\"_ _9\"></span>emb<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>s. As a re<span class=\"_ _9\"></span>sult, the G<span class=\"_ _9\"></span>roup no l<span class=\"_ _9\"></span>ong<span class=\"_ _9\"></span>er be<span class=\"_ _9\"></span>ars a<span class=\"_ _9\"></span>ny longev<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>,<span class=\"_ _335\"> </span>intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t rate or infla<span class=\"_ _9\"></span>tion ri<span class=\"_ _9\"></span>sk in res<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t of the p<span class=\"_ _9\"></span>en<span class=\"_ _9\"></span>sion sc<span class=\"_ _9\"></span>hem<span class=\"_ _9\"></span>e. The buy-in poli<span class=\"_ _9\"></span>cy i<span class=\"_ _9\"></span>s an inves<span class=\"_ _9\"></span>tmen<span class=\"_ _9\"></span>t ass<span class=\"_ _9\"></span>et of th<span class=\"_ _9\"></span>e Sch<span class=\"_ _9\"></span>eme.<span class=\"_ _335\"> </span>The Compan<span class=\"_ _2\"></span>y did not<span class=\"_ _2\"></span> operate an<span class=\"_ _11\"></span>y defined contribut<span class=\"_ _2\"></span>ion schemes or defi<span class=\"_ _11\"></span>ne<span class=\"_ _9\"></span>d benefit schemes dur<span class=\"_ _2\"></span>ing the<span class=\"_ _2\"></span> financial<span class=\"_ _11\"></span> years ended 3<span class=\"_ _2\"></span>1 March<span class=\"_ _2\"></span> 202<span class=\"_ _11\"></span>6 or<span class=\"_ _335\"> </span>3<span class=\"_ _2\"></span>1 March 2025.<span class=\"_ _335\"> </span>On 25 Ju<span class=\"_ _9\"></span>ly 2024, the Cour<span class=\"_ _a\"></span>t of Appe<span class=\"_ _9\"></span>al uph<span class=\"_ _9\"></span>eld th<span class=\"_ _9\"></span>e High Co<span class=\"_ _9\"></span>ur<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>\u2019<span class=\"_ _2\"></span>s deci<span class=\"_ _9\"></span>sion in th<span class=\"_ _9\"></span>e Virgin M<span class=\"_ _9\"></span>edia L<span class=\"_ _9\"></span>imite<span class=\"_ _9\"></span>d v NTL Pension T<span class=\"_ _11\"></span>r<span class=\"_ _9\"></span>us<span class=\"_ _9\"></span>tee<span class=\"_ _9\"></span>s II Limite<span class=\"_ _9\"></span>d cas<span class=\"_ _9\"></span>e, ruling<span class=\"_ _335\"> </span>that historica<span class=\"_ _2\"></span>l amendments for<span class=\"_ _2\"></span> contracted-out defi<span class=\"_ _2\"></span>ned benefit schemes were i<span class=\"_ _11\"></span>nvalid without<span class=\"_ _2\"></span> a section 37 actuarial<span class=\"_ _2\"></span> confi<span class=\"_ _2\"></span>rmation<span class=\"_ _2\"></span>. Howe<span class=\"_ _11\"></span>ver<span class=\"_ _11\"></span>, the<span class=\"_ _335\"> </span>appe<span class=\"_ _9\"></span>al did n<span class=\"_ _9\"></span>ot ad<span class=\"_ _9\"></span>dres<span class=\"_ _9\"></span>s the fo<span class=\"_ _9\"></span>rm of the s<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>on 37 confirma<span class=\"_ _9\"></span>tion o<span class=\"_ _9\"></span>r the ne<span class=\"_ _9\"></span>ces<span class=\"_ _9\"></span>sar<span class=\"_ _a\"></span>y ac<span class=\"_ _9\"></span>tuarial r<span class=\"_ _9\"></span>eme<span class=\"_ _9\"></span>die<span class=\"_ _9\"></span>s if thes<span class=\"_ _9\"></span>e were ab<span class=\"_ _9\"></span>sent. Whil<span class=\"_ _9\"></span>st th<span class=\"_ _9\"></span>ere h<span class=\"_ _9\"></span>as be<span class=\"_ _9\"></span>en<span class=\"_ _335\"> </span>proposed legislation put f<span class=\"_ _2\"></span>or<span class=\"_ _9\"></span>ward<span class=\"_ _2\"></span> to address t<span class=\"_ _11\"></span>his, it was not<span class=\"_ _2\"></span> substantiv<span class=\"_ _2\"></span>ely enacted at the reporting date<span class=\"_ _11\"></span>. Consequently<span class=\"_ _11\"></span>, the T<span class=\"_ _1\"></span>rus<span class=\"_ _9\"></span>tees have not<span class=\"_ _335\"> </span>initia<span class=\"_ _9\"></span>ted a fo<span class=\"_ _9\"></span>rmal du<span class=\"_ _9\"></span>e dilige<span class=\"_ _9\"></span>nce exe<span class=\"_ _9\"></span>rcise to inve<span class=\"_ _9\"></span>sti<span class=\"_ _9\"></span>gate thi<span class=\"_ _9\"></span>s mat<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>r foll<span class=\"_ _9\"></span>owing di<span class=\"_ _9\"></span>scus<span class=\"_ _9\"></span>sion<span class=\"_ _9\"></span>s wi<span class=\"_ _9\"></span>th their l<span class=\"_ _9\"></span>egal a<span class=\"_ _9\"></span>dv<span class=\"_ _9\"></span>iser<span class=\"_ _9\"></span>s. The T<span class=\"_ _11\"></span>r<span class=\"_ _9\"></span>us<span class=\"_ _9\"></span>tee<span class=\"_ _9\"></span>s and the G<span class=\"_ _9\"></span>roup<span class=\"_ _335\"> </span>continue<span class=\"_ _11\"></span> to monitor dev<span class=\"_ _2\"></span>elopments and will<span class=\"_ _2\"></span> assess any<span class=\"_ _11\"></span> implications for t<span class=\"_ _2\"></span>he Scheme<span class=\"_ _2\"></span>.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfEmployeeBenefitsExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-462": {
   "value": "A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Contributions<span class=\"_ _11\"></span> to defined contr<span class=\"_ _2\"></span>ibution schemes ar<span class=\"_ _2\"></span>e charged t<span class=\"_ _11\"></span>o the income statement as<span class=\"_ _2\"></span> incurred<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>The pension obli<span class=\"_ _2\"></span>gations aris<span class=\"_ _2\"></span>ing under<span class=\"_ _2\"></span> the Group<span class=\"_ _11\"></span>\u2019<span class=\"_ _2\"></span>s defined<span class=\"_ _2\"></span> benefit pension scheme ar<span class=\"_ _2\"></span>e measured at d<span class=\"_ _2\"></span>iscounted pr<span class=\"_ _2\"></span>esent value<span class=\"_ _11\"></span>. The scheme<span class=\"_ _335\"> </span>ass<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s are me<span class=\"_ _9\"></span>asure<span class=\"_ _9\"></span>d at fai<span class=\"_ _9\"></span>r value, excep<span class=\"_ _9\"></span>t annuiti<span class=\"_ _9\"></span>es wh<span class=\"_ _9\"></span>ich are valu<span class=\"_ _9\"></span>ed to m<span class=\"_ _9\"></span>atch the l<span class=\"_ _9\"></span>iabili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y or be<span class=\"_ _9\"></span>nefit val<span class=\"_ _9\"></span>ue. The ope<span class=\"_ _9\"></span>ratin<span class=\"_ _9\"></span>g and finan<span class=\"_ _9\"></span>cing co<span class=\"_ _9\"></span>st<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span>of the sc<span class=\"_ _9\"></span>hem<span class=\"_ _9\"></span>e are re<span class=\"_ _9\"></span>cog<span class=\"_ _9\"></span>nise<span class=\"_ _9\"></span>d sep<span class=\"_ _9\"></span>arate<span class=\"_ _9\"></span>ly in the in<span class=\"_ _9\"></span>com<span class=\"_ _9\"></span>e s<span class=\"_ _9\"></span>tatem<span class=\"_ _9\"></span>ent. Ser<span class=\"_ _9\"></span>v<span class=\"_ _9\"></span>ice c<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>ts ar<span class=\"_ _9\"></span>e spre<span class=\"_ _9\"></span>ad usin<span class=\"_ _9\"></span>g the pr<span class=\"_ _9\"></span>ojec<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d unit c<span class=\"_ _9\"></span>redi<span class=\"_ _9\"></span>t me<span class=\"_ _9\"></span>tho<span class=\"_ _9\"></span>d. P<span class=\"_ _11\"></span>a<span class=\"_ _9\"></span>st s<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>v<span class=\"_ _9\"></span>ice<span class=\"_ _335\"> </span>cos<span class=\"_ _9\"></span>ts a<span class=\"_ _9\"></span>re rec<span class=\"_ _9\"></span>ogni<span class=\"_ _9\"></span>sed im<span class=\"_ _9\"></span>med<span class=\"_ _9\"></span>iatel<span class=\"_ _9\"></span>y in the in<span class=\"_ _9\"></span>com<span class=\"_ _9\"></span>e sta<span class=\"_ _9\"></span>teme<span class=\"_ _9\"></span>nt in the p<span class=\"_ _9\"></span>eri<span class=\"_ _9\"></span>od in w<span class=\"_ _9\"></span>hich they ar<span class=\"_ _9\"></span>e iden<span class=\"_ _9\"></span>tified. Net fina<span class=\"_ _9\"></span>ncing c<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>ts ar<span class=\"_ _9\"></span>e reco<span class=\"_ _9\"></span>gnis<span class=\"_ _9\"></span>ed in<span class=\"_ _9\"></span> the pe<span class=\"_ _9\"></span>rio<span class=\"_ _9\"></span>d in whic<span class=\"_ _9\"></span>h they aris<span class=\"_ _9\"></span>e, calcula<span class=\"_ _9\"></span>ted w<span class=\"_ _9\"></span>ith re<span class=\"_ _9\"></span>fere<span class=\"_ _9\"></span>nce to the d<span class=\"_ _9\"></span>isco<span class=\"_ _9\"></span>unt rate, and ar<span class=\"_ _9\"></span>e inclu<span class=\"_ _9\"></span>ded in fin<span class=\"_ _9\"></span>ance in<span class=\"_ _9\"></span>com<span class=\"_ _9\"></span>e or exp<span class=\"_ _9\"></span>ens<span class=\"_ _9\"></span>e on a ne<span class=\"_ _9\"></span>t ba<span class=\"_ _9\"></span>sis.<span class=\"_ _335\"> </span>Remeasurement<span class=\"_ _11\"></span> gains and losses arisi<span class=\"_ _11\"></span>ng from either experience d<span class=\"_ _2\"></span>ifferi<span class=\"_ _2\"></span>ng from pr<span class=\"_ _2\"></span>evious actuarial ass<span class=\"_ _2\"></span>umptions,<span class=\"_ _11\"></span> or changes to those<span class=\"_ _335\"> </span>assumptions<span class=\"_ _2\"></span>, are<span class=\"_ _2\"></span> recognised immediately i<span class=\"_ _11\"></span>n other comprehensive income<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-418": {
   "value": "DEFINED CON<span class=\"_ _2\"></span>TRIBUTION<span class=\"_ _2\"></span> SCHEMES<span class=\"_ _335\"> </span>The ch<span class=\"_ _9\"></span>arge to op<span class=\"_ _9\"></span>era<span class=\"_ _9\"></span>ting profi<span class=\"_ _9\"></span>t for th<span class=\"_ _9\"></span>e year in re<span class=\"_ _9\"></span>spe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t of d<span class=\"_ _9\"></span>efine<span class=\"_ _9\"></span>d contrib<span class=\"_ _9\"></span>utio<span class=\"_ _9\"></span>n sch<span class=\"_ _9\"></span>eme<span class=\"_ _9\"></span>s was <span class=\"ff2 ls65 ws63\">\u00a3<span class=\"_ _9\"></span>2m</span> (2025: \u00a34m<span class=\"_ _11\"></span>)<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfDefinedContributionPlansExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-419": {
   "value": "DEFINED<span class=\"_ _11\"></span> BENEFIT<span class=\"_ _2\"></span> SCHEME<span class=\"_ _335\"> </span>The Pensio<span class=\"_ _9\"></span>n &amp; As<span class=\"_ _9\"></span>suran<span class=\"_ _9\"></span>ce Sch<span class=\"_ _9\"></span>em<span class=\"_ _9\"></span>e of the Lan<span class=\"_ _9\"></span>d Se<span class=\"_ _9\"></span>curi<span class=\"_ _9\"></span>ties G<span class=\"_ _9\"></span>roup of C<span class=\"_ _9\"></span>omp<span class=\"_ _9\"></span>anies (the \u2018S<span class=\"_ _9\"></span>che<span class=\"_ _9\"></span>me\u2019) is a re<span class=\"_ _9\"></span>gis<span class=\"_ _9\"></span>tere<span class=\"_ _9\"></span>d define<span class=\"_ _9\"></span>d be<span class=\"_ _9\"></span>nefit fin<span class=\"_ _9\"></span>al salar<span class=\"_ _a\"></span>y schem<span class=\"_ _9\"></span>e subject to t<span class=\"_ _2\"></span>he UK regulat<span class=\"_ _11\"></span>or<span class=\"_ _9\"></span>y framework for<span class=\"_ _11\"></span> p<span class=\"_ _9\"></span>ensions, i<span class=\"_ _11\"></span>ncluding the Scheme Specific<span class=\"_ _2\"></span> F<span class=\"_ _11\"></span>unding requirements<span class=\"_ _11\"></span>. The Scheme is operated under<span class=\"_ _2\"></span> trust and as su<span class=\"_ _9\"></span>ch, the T<span class=\"_ _11\"></span>r<span class=\"_ _9\"></span>us<span class=\"_ _9\"></span>tee<span class=\"_ _9\"></span>s of the S<span class=\"_ _9\"></span>chem<span class=\"_ _9\"></span>e are re<span class=\"_ _9\"></span>spo<span class=\"_ _9\"></span>nsib<span class=\"_ _9\"></span>le for o<span class=\"_ _9\"></span>per<span class=\"_ _9\"></span>ating th<span class=\"_ _9\"></span>e Sch<span class=\"_ _9\"></span>eme an<span class=\"_ _9\"></span>d they ha<span class=\"_ _9\"></span>ve a s<span class=\"_ _9\"></span>tatuto<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>y re<span class=\"_ _9\"></span>spo<span class=\"_ _9\"></span>nsibili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y to ac<span class=\"_ _9\"></span>t in a<span class=\"_ _9\"></span>ccord<span class=\"_ _9\"></span>ance<span class=\"_ _9\"></span> with th<span class=\"_ _9\"></span>e Sch<span class=\"_ _9\"></span>eme\u2019s T<span class=\"_ _1\"></span>r<span class=\"_ _9\"></span>us<span class=\"_ _9\"></span>t De<span class=\"_ _9\"></span>ed and Rule<span class=\"_ _9\"></span>s, in the b<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>t inter<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>t of the b<span class=\"_ _9\"></span>en<span class=\"_ _9\"></span>eficiari<span class=\"_ _9\"></span>es of th<span class=\"_ _9\"></span>e Sch<span class=\"_ _9\"></span>eme an<span class=\"_ _9\"></span>d UK le<span class=\"_ _9\"></span>gisl<span class=\"_ _9\"></span>ation (<span class=\"_ _9\"></span>inclu<span class=\"_ _9\"></span>ding tru<span class=\"_ _9\"></span>st l<span class=\"_ _9\"></span>aw)<span class=\"_ _1\"></span>. Th<span class=\"_ _9\"></span>e T<span class=\"_ _11\"></span>rus<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>es an<span class=\"_ _9\"></span>d the Gro<span class=\"_ _9\"></span>up ha<span class=\"_ _9\"></span>ve the join<span class=\"_ _9\"></span>t power to s<span class=\"_ _9\"></span>et th<span class=\"_ _9\"></span>e contri<span class=\"_ _9\"></span>butio<span class=\"_ _9\"></span>ns tha<span class=\"_ _9\"></span>t are pa<span class=\"_ _9\"></span>id to the Sc<span class=\"_ _9\"></span>hem<span class=\"_ _9\"></span>e.<span class=\"_ _335\"> </span>In set<span class=\"_ _9\"></span>tin<span class=\"_ _9\"></span>g contr<span class=\"_ _9\"></span>ibuti<span class=\"_ _9\"></span>ons to the S<span class=\"_ _9\"></span>che<span class=\"_ _9\"></span>me, the T<span class=\"_ _11\"></span>r<span class=\"_ _9\"></span>us<span class=\"_ _9\"></span>tee<span class=\"_ _9\"></span>s and the G<span class=\"_ _9\"></span>roup ar<span class=\"_ _9\"></span>e guide<span class=\"_ _9\"></span>d by the ad<span class=\"_ _9\"></span>vic<span class=\"_ _9\"></span>e of a qua<span class=\"_ _9\"></span>lified ind<span class=\"_ _9\"></span>ep<span class=\"_ _9\"></span>ende<span class=\"_ _9\"></span>nt ac<span class=\"_ _9\"></span>tu<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>y on th<span class=\"_ _9\"></span>e ba<span class=\"_ _9\"></span>sis of trie<span class=\"_ _9\"></span>nnial valua<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>s using th<span class=\"_ _9\"></span>e proje<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ted u<span class=\"_ _9\"></span>nit cre<span class=\"_ _9\"></span>dit m<span class=\"_ _9\"></span>eth<span class=\"_ _9\"></span>od. The Sc<span class=\"_ _9\"></span>hem<span class=\"_ _9\"></span>e is clo<span class=\"_ _9\"></span>sed to n<span class=\"_ _9\"></span>ew me<span class=\"_ _9\"></span>mbe<span class=\"_ _9\"></span>rs (<span class=\"_ _2\"></span>and was cl<span class=\"_ _9\"></span>ose<span class=\"_ _9\"></span>d to futur<span class=\"_ _9\"></span>e accr<span class=\"_ _9\"></span>ual on<span class=\"_ _9\"></span> 3<span class=\"_ _11\"></span>1 Oc<span class=\"_ _9\"></span>tober 201<span class=\"_ _11\"></span>9)<span class=\"_ _1\"></span>. A ful<span class=\"_ _2\"></span>l actuarial v<span class=\"_ _2\"></span>aluation of<span class=\"_ _11\"></span> the Scheme was undertaken<span class=\"_ _2\"></span> on 30 J<span class=\"_ _2\"></span>une 20<span class=\"_ _11\"></span>24 by t<span class=\"_ _11\"></span>he independent ac<span class=\"_ _9\"></span>tuaries,<span class=\"_ _11\"></span> Hymans Robert<span class=\"_ _9\"></span>son LLP<span class=\"_ _12\"></span>. This valu<span class=\"_ _9\"></span>atio<span class=\"_ _9\"></span>n was up<span class=\"_ _9\"></span>date<span class=\"_ _9\"></span>d to 3<span class=\"_ _2\"></span>1 March 2026 using, wh<span class=\"_ _9\"></span>ere re<span class=\"_ _9\"></span>quire<span class=\"_ _9\"></span>d, assum<span class=\"_ _9\"></span>ptio<span class=\"_ _9\"></span>ns pre<span class=\"_ _9\"></span>scrib<span class=\"_ _9\"></span>ed by IA<span class=\"_ _9\"></span>S 19 Employee B<span class=\"_ _9\"></span>en<span class=\"_ _9\"></span>efits. Ther<span class=\"_ _9\"></span>e have b<span class=\"_ _9\"></span>ee<span class=\"_ _9\"></span>n no emp<span class=\"_ _9\"></span>loyer or e<span class=\"_ _9\"></span>mpl<span class=\"_ _9\"></span>oyee con<span class=\"_ _9\"></span>tribu<span class=\"_ _9\"></span>tions fo<span class=\"_ _9\"></span>llow<span class=\"_ _9\"></span>ing the c<span class=\"_ _9\"></span>losure o<span class=\"_ _9\"></span>f the Sc<span class=\"_ _9\"></span>hem<span class=\"_ _9\"></span>e to futur<span class=\"_ _9\"></span>e accr<span class=\"_ _9\"></span>ual on 31 Oc<span class=\"_ _9\"></span>tob<span class=\"_ _9\"></span>er 2019<span class=\"_ _1\"></span>. Prior to this,<span class=\"_ _9\"></span> the employ<span class=\"_ _11\"></span>er contribution r<span class=\"_ _2\"></span>ate was<span class=\"_ _2\"></span> 43<span class=\"_ _11\"></span>.<span class=\"_ _11\"></span>1%<span class=\"_ _2\"></span> of pensionable sa<span class=\"_ _11\"></span>lar<span class=\"_ _9\"></span>y to cover<span class=\"_ _11\"></span> the cost<span class=\"_ _9\"></span>s of accrui<span class=\"_ _2\"></span>ng benefits and t<span class=\"_ _2\"></span>he employ<span class=\"_ _2\"></span>ee contribut<span class=\"_ _2\"></span>ions were <span class=\"ls1 ws1\"> </span>at 8% of monthl<span class=\"_ _9\"></span>y pe<span class=\"_ _9\"></span>nsion<span class=\"_ _9\"></span>able s<span class=\"_ _9\"></span>alar<span class=\"_ _a\"></span>y<span class=\"_ _1\"></span>. It wa<span class=\"_ _9\"></span>s also ag<span class=\"_ _9\"></span>ree<span class=\"_ _9\"></span>d that n<span class=\"_ _9\"></span>o fur<span class=\"_ _9\"></span>th<span class=\"_ _9\"></span>er defic<span class=\"_ _9\"></span>it co<span class=\"_ _9\"></span>ntribu<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>s were re<span class=\"_ _9\"></span>quire<span class=\"_ _9\"></span>d from th<span class=\"_ _9\"></span>e Group. Employee<span class=\"_ _9\"></span> contributi<span class=\"_ _2\"></span>ons were<span class=\"_ _2\"></span> paid by<span class=\"_ _2\"></span> salary sacrifice<span class=\"_ _2\"></span>, and t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>erefore appeared as<span class=\"_ _11\"></span> G<span class=\"_ _9\"></span>roup cont<span class=\"_ _11\"></span>ributions. The<span class=\"_ _11\"></span> G<span class=\"_ _9\"></span>roup does not expect to mak<span class=\"_ _11\"></span>e any emplo<span class=\"_ _11\"></span>yee or emp<span class=\"_ _9\"></span>loyer co<span class=\"_ _9\"></span>ntribu<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>s to the Sc<span class=\"_ _9\"></span>hem<span class=\"_ _9\"></span>e in the year to 31 March 2027 (2026<span class=\"_ _11\"></span>: \u00a3ni<span class=\"_ _9\"></span>l)<span class=\"_ _1\"></span>.<span class=\"_ _335\"> </span>All death-<span class=\"_ _11\"></span>in-service and incapacity benefits arising d<span class=\"_ _2\"></span>uring em<span class=\"_ _2\"></span>ployment are<span class=\"_ _11\"></span> w<span class=\"_ _9\"></span>holly insu<span class=\"_ _2\"></span>red.<span class=\"_ _11\"></span> No pos<span class=\"_ _9\"></span>t-r<span class=\"_ _2\"></span>etirement benefits other<span class=\"_ _2\"></span> than pensions are mad<span class=\"_ _9\"></span>e avail<span class=\"_ _9\"></span>able to e<span class=\"_ _9\"></span>mploye<span class=\"_ _9\"></span>es of th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up.<span class=\"_ _335\"> </span>ANAL<span class=\"_ _1\"></span>YSIS OF<span class=\"_ _11\"></span> THE AMOUNTS<span class=\"_ _11\"></span> CHARGED TO<span class=\"_ _11\"></span> THE INCOME ST<span class=\"_ _1\"></span>AT<span class=\"_ _2\"></span>EMENT<span class=\"_ _335\"> </span><table class=\"s w2c4 hfc\" id=\"_9c751e78-5320-4996-be7c-8c4c9fcde54c\"><tr><td></td><td class=\"t m0 x2ba h15 y351f ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y351f ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24d h15 y3520 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3520 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"t m0 x297 h9 y3521 ff2 fs6 fc2 sc0 ls22 ws1\">Analys<span class=\"_ _9\"></span>is of the am<span class=\"_ _9\"></span>ount char<span class=\"_ _9\"></span>ged to op<span class=\"_ _9\"></span>eratin<span class=\"_ _9\"></span>g profit<span class=\"_ _335\"> </span></td><td></td><td></td></tr><tr><td class=\"c n x24f y3522 w2c5 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Current<span class=\"_ _2\"></span> ser<span class=\"_ _9\"></span>vice costs<span class=\"_ _335\"> </span></div></td><td class=\"c n xc9f y3522 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x3d3 y3522 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3523 w2c6 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Pa<span class=\"_ _2\"></span>st ser<span class=\"_ _9\"></span>vice costs<span class=\"_ _335\"> </span></div></td><td class=\"c n xd60 y3523 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x695 y3523 w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3524 w2c7 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Charge to op<span class=\"_ _9\"></span>eratin<span class=\"_ _9\"></span>g profit<span class=\"_ _335\"> </span></div></td><td class=\"c n xd61 y3524 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n x63a y3524 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"t m0 x297 h9 y3525 ff2 fs6 fc2 sc0 ls22 ws1\">Analys<span class=\"_ _9\"></span>is of amo<span class=\"_ _9\"></span>unt cred<span class=\"_ _9\"></span>ited to net fina<span class=\"_ _9\"></span>nce exp<span class=\"_ _9\"></span>ens<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span></td><td></td><td></td></tr><tr><td class=\"c n x24f y3526 w2c8 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Interest income on<span class=\"_ _11\"></span> plan asset<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xd62 y3526 w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(8)<span class=\"_ _335\"> </span></div></td><td class=\"c n xd63 y3526 w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(8)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3527 w2c9 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Interest expense on<span class=\"_ _2\"></span> defined benefit scheme<span class=\"_ _2\"></span> liabil<span class=\"_ _2\"></span>ities<span class=\"_ _335\"> </span></div></td><td class=\"c n xd64 y3527 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n x5b5 y3527 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">8<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w2ca hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Impact on net finance expense<span class=\"_ _335\"> </span></div></td><td class=\"c n xd65 y32cd w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n xd66 y32cd w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr></table>ANAL<span class=\"_ _1\"></span>YSIS OF<span class=\"_ _11\"></span> THE AMOUNTS<span class=\"_ _11\"></span> R<span class=\"_ _9\"></span>ECOGNISED<span class=\"_ _11\"></span> IN OTHER C<span class=\"_ _2\"></span>OMPREHENSIVE IN<span class=\"_ _2\"></span>COME<span class=\"_ _335\"> </span><table class=\"s w2cb hfd\" id=\"_e7d08c28-1836-4c10-aa15-46df14d53235\"><tr><td></td><td class=\"t m0 x2ba h15 y3528 ff2 fsd fc2 sc0 ls3f wsbc\">2026 </td><td class=\"t m0 x247 h15 y3528 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24d h15 y3529 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3529 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"t m0 x297 h9 y352a ff2 fs6 fc2 sc0 ls22 ws1\">Analysis of gains and losses<span class=\"_ _335\"> </span></td><td></td><td></td></tr><tr><td class=\"c n x24f y352b w2cc hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Net r<span class=\"_ _2\"></span>emeasurement<span class=\"_ _2\"></span> gains on scheme assets<span class=\"_ _335\"> </span></div></td><td class=\"c n x733 y352b w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xad8 y352b w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">18<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y352c w2cd hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Net r<span class=\"_ _2\"></span>emeasurement<span class=\"_ _2\"></span> losses on scheme liabilities<span class=\"_ _335\"> </span></div></td><td class=\"c n xd67 y352c w8d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n xd68 y352c w32 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(18)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y352d w2ce hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">Net remeasur<span class=\"_ _2\"></span>ement amoun<span class=\"_ _11\"></span>t<span class=\"_ _335\"> </span></div></td><td class=\"c n xac8 y352d w37 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd69 y352d w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y352f w2cf hfe\"><div class=\"t m0 x239 h9 y352e ff2 fs6 fc2 sc0 ls22 ws1\">Cumulativ<span class=\"_ _2\"></span>e net remeasuremen<span class=\"_ _11\"></span>t loss recognised in other comprehensiv<span class=\"_ _2\"></span>e income<span class=\"_ _335\"> </span></div></td><td class=\"c n xd6a y352f w2b hfe\"><div class=\"t m0 x239 h9 y352e ff2 fs6 fc2 sc0 ls22 ws21\">(41)<span class=\"_ _335\"> </span></div></td><td class=\"c n xd6b y352f w2a hfe\"><div class=\"t m0 x239 h9 y352e ff3 fs6 fc2 sc0 ls22 ws21\">(41)<span class=\"_ _335\"> </span></div></td></tr></table><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs43f\">The ne<span class=\"_ _9\"></span>t surp<span class=\"_ _9\"></span>lus re<span class=\"_ _9\"></span>cogn<span class=\"_ _9\"></span>ise<span class=\"_ _9\"></span>d in resp<span class=\"_ _9\"></span>ec<span class=\"_ _a\"></span>t of the define<span class=\"_ _9\"></span>d be<span class=\"_ _9\"></span>nefit s<span class=\"_ _9\"></span>che<span class=\"_ _9\"></span>me can b<span class=\"_ _9\"></span>e anal<span class=\"_ _9\"></span>yse<span class=\"_ _9\"></span>d as foll<span class=\"_ _9\"></span>ows:<span class=\"_ _335\"> </span></div><div class=\"gs22e\"><table class=\"s w2d0 hff\" id=\"_fe87d23d-77cb-4d8e-a0c6-7fb841b11c90\"><tr><td></td><td></td><td class=\"t m0 x240 h15 y3530 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td></td><td class=\"t m0 x247 h15 y3530 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 xd6c h15 y3531 ff2 fsd fc2 sc0 ls1 ws1\">%<span class=\"_ _335\"> </span></td><td class=\"c n xd6d y3532 w2d1 hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></div></td><td class=\"c n xd6e y3532 w2d2 hb8\"><div class=\"t m0 x239 h15 y320f ff3 fsd fc2 sc0 ls1 ws1\">%<span class=\"_ _335\"> </span></div></td><td class=\"t m0 x24e h15 y3531 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32e0 w2d3 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls37 ws34\">Insurance contrac<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xd6f y32e0 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">90<span class=\"_ _335\"> </span></div></td><td class=\"c n xd70 y32e0 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">129<span class=\"_ _335\"> </span></div></td><td class=\"c n xd71 y32e0 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">90<span class=\"_ _335\"> </span></div></td><td class=\"c n xcd8 y32e0 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">132<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32c8 w61 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls65 ws90\">Cash and cash equivalents<span class=\"_ _335\"> </span></div></td><td class=\"c n xd72 y32c8 w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td><td class=\"c n xd73 y32c8 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">15<span class=\"_ _335\"> </span></div></td><td class=\"c n xd50 y32c8 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td><td class=\"c n x6dc y32c8 w34 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">15<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32c9 w2d4 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Fair value of sch<span class=\"_ _9\"></span>eme a<span class=\"_ _9\"></span>sse<span class=\"_ _9\"></span>ts<span class=\"_ _335\"> </span></div></td><td class=\"c n x3dd y32c9 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">100<span class=\"_ _335\"> </span></div></td><td class=\"c n x3de y32c9 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">144<span class=\"_ _335\"> </span></div></td><td class=\"c n x2af y32c9 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">100<span class=\"_ _335\"> </span></div></td><td class=\"c n x2b0 y32c9 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">147<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32ca w2d5 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws33\">Fair value of scheme liab<span class=\"_ _9\"></span>ilities<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xd74 y32ca w30 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(131)<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xd75 y32ca w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(132)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w2d6 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Net p<span class=\"_ _9\"></span>ens<span class=\"_ _9\"></span>ion surp<span class=\"_ _9\"></span>lus as p<span class=\"_ _9\"></span>er IA<span class=\"_ _9\"></span>S 1<span class=\"_ _11\"></span>9<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xd76 y32cb w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">13<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n x383 y32cb w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">15<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w2d7 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Expe<span class=\"_ _9\"></span>cted authorised payments charge<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xd59 y32cc w39 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(3)<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xd77 y32cc w48 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(4)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w2d8 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls7e ws85\">Net pension surplus<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xd54 y32cd w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n x4e8 y32cd w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">11<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs440\">In the year e<span class=\"_ _9\"></span>nde<span class=\"_ _9\"></span>d 31 March 2026<span class=\"_ _11\"></span>, <span class=\"ff2 ls120 ws156\">\u00a31<span class=\"_ _9\"></span>0<span class=\"_ _9\"></span>m<span class=\"_ _9\"></span></span> (2025: \u00a39<span class=\"_ _11\"></span>m) of benefi<span class=\"_ _9\"></span>ts we<span class=\"_ _9\"></span>re pai<span class=\"_ _9\"></span>d to memb<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>s.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls26 ws1 gs441\">In De<span class=\"_ _9\"></span>cemb<span class=\"_ _9\"></span>er 2022, the S<span class=\"_ _9\"></span>che<span class=\"_ _9\"></span>me trans<span class=\"_ _9\"></span>ac<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d a buy-in pol<span class=\"_ _9\"></span>icy f<span class=\"_ _9\"></span>or \u00a379m covering all r<span class=\"_ _9\"></span>emaini<span class=\"_ _9\"></span>ng uninsur<span class=\"_ _9\"></span>ed me<span class=\"_ _9\"></span>mb<span class=\"_ _9\"></span>ers. This in<span class=\"_ _9\"></span>suranc<span class=\"_ _9\"></span>e contra<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t is valu<span class=\"_ _9\"></span>ed<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs442\">as an as<span class=\"_ _9\"></span>set u<span class=\"_ _9\"></span>sing the s<span class=\"_ _9\"></span>ame IA<span class=\"_ _9\"></span>S 19 assump<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>s. Insurance co<span class=\"_ _9\"></span>ntrac<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s are an<span class=\"_ _9\"></span>nuitie<span class=\"_ _9\"></span>s whic<span class=\"_ _9\"></span>h are unq<span class=\"_ _9\"></span>uote<span class=\"_ _9\"></span>d ass<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s. All oth<span class=\"_ _9\"></span>er Sch<span class=\"_ _9\"></span>em<span class=\"_ _9\"></span>e ass<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s have<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs443\">quote<span class=\"_ _9\"></span>d pri<span class=\"_ _9\"></span>ces in a<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tive m<span class=\"_ _9\"></span>arkets. The S<span class=\"_ _9\"></span>che<span class=\"_ _9\"></span>me as<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>ts do n<span class=\"_ _9\"></span>ot in<span class=\"_ _9\"></span>clud<span class=\"_ _9\"></span>e any direc<span class=\"_ _9\"></span>tl<span class=\"_ _9\"></span>y own<span class=\"_ _9\"></span>ed finan<span class=\"_ _9\"></span>cial ins<span class=\"_ _9\"></span>tr<span class=\"_ _9\"></span>umen<span class=\"_ _9\"></span>ts is<span class=\"_ _9\"></span>sue<span class=\"_ _9\"></span>d by the Gro<span class=\"_ _9\"></span>up. Indirec<span class=\"_ _9\"></span>tly<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs444\">owne<span class=\"_ _9\"></span>d financ<span class=\"_ _9\"></span>ial ins<span class=\"_ _9\"></span>tru<span class=\"_ _9\"></span>ment<span class=\"_ _9\"></span>s ha<span class=\"_ _9\"></span>d a fair value o<span class=\"_ _9\"></span>f <span class=\"ff2 ls1f ws1d\">\u00a3nil</span> (2025: \u00a3nil)<span class=\"_ _1\"></span>.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs445\">In the mo<span class=\"_ _9\"></span>st r<span class=\"_ _9\"></span>ece<span class=\"_ _9\"></span>nt trie<span class=\"_ _9\"></span>nnial valu<span class=\"_ _9\"></span>ation, th<span class=\"_ _9\"></span>e define<span class=\"_ _9\"></span>d be<span class=\"_ _9\"></span>nefit s<span class=\"_ _9\"></span>chem<span class=\"_ _9\"></span>e liabi<span class=\"_ _9\"></span>litie<span class=\"_ _9\"></span>s were sp<span class=\"_ _9\"></span>lit <span class=\"ff2 ls1f ws1d\">nil%</span> (2025: nil%<span class=\"_ _1\"></span>) in re<span class=\"_ _9\"></span>sp<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>t o<span class=\"_ _9\"></span>f ac<span class=\"_ _9\"></span>tive s<span class=\"_ _9\"></span>che<span class=\"_ _9\"></span>me<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls37 ws50 gs446\">par<span class=\"_ _9\"></span>ticip<span class=\"_ _9\"></span>ants, <span class=\"ff2 ls4a ws52\">26<span class=\"_ _11\"></span><span class=\"ff3 ls22 ws1\">% (<span class=\"_ _9\"></span>2025: 3<span class=\"_ _11\"></span>1%<span class=\"_ _1\"></span>) in r<span class=\"_ _9\"></span>esp<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>t o<span class=\"_ _9\"></span>f def<span class=\"_ _9\"></span>erre<span class=\"_ _9\"></span>d sch<span class=\"_ _9\"></span>eme p<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>tic<span class=\"_ _9\"></span>ipant<span class=\"_ _9\"></span>s, and <span class=\"ff2 ls12f ws165\">74<span class=\"_ _9\"></span>%<span class=\"_ _a\"></span></span> (2025: 69<span class=\"_ _2\"></span>%<span class=\"_ _11\"></span>) in res<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t of re<span class=\"_ _9\"></span>tire<span class=\"_ _9\"></span>es. As th<span class=\"_ _9\"></span>e Sch<span class=\"_ _9\"></span>eme i<span class=\"_ _9\"></span>s now<span class=\"_ _335\"> </span></span></span><span class=\"ff2 ls4a ws52\"><span class=\"ff3 ls22 ws1\"> </span></span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs447\">clos<span class=\"_ _9\"></span>ed to fu<span class=\"_ _9\"></span>ture ac<span class=\"_ _9\"></span>crual, the<span class=\"_ _9\"></span>re are no l<span class=\"_ _9\"></span>ong<span class=\"_ _9\"></span>er any ac<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>ve sche<span class=\"_ _9\"></span>me p<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>ticip<span class=\"_ _9\"></span>ant<span class=\"_ _9\"></span>s. The weigh<span class=\"_ _9\"></span>ted ave<span class=\"_ _9\"></span>rage d<span class=\"_ _9\"></span>uratio<span class=\"_ _9\"></span>n of the d<span class=\"_ _9\"></span>efine<span class=\"_ _9\"></span>d ben<span class=\"_ _9\"></span>efit sc<span class=\"_ _9\"></span>hem<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs448\">liabili<span class=\"_ _9\"></span>ties a<span class=\"_ _9\"></span>t 31 March 2026 is <span class=\"ff2 ls16e ws1b0\">1<span class=\"_ _9\"></span>0<span class=\"_ _9\"></span>.1<span class=\"_ _a\"></span> y<span class=\"_ _9\"></span>e<span class=\"_ _a\"></span>a<span class=\"_ _a\"></span>r<span class=\"_ _a\"></span>s<span class=\"_ _9\"></span></span> (202<span class=\"_ _9\"></span>5: 1<span class=\"_ _2\"></span>0<span class=\"_ _2\"></span>.7 years)<span class=\"_ _1\"></span>.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs449\">The as<span class=\"_ _9\"></span>sump<span class=\"_ _9\"></span>tions a<span class=\"_ _9\"></span>gree<span class=\"_ _9\"></span>d wi<span class=\"_ _9\"></span>th the T<span class=\"_ _11\"></span>r<span class=\"_ _9\"></span>us<span class=\"_ _9\"></span>tee<span class=\"_ _9\"></span>s of the S<span class=\"_ _9\"></span>che<span class=\"_ _9\"></span>me fo<span class=\"_ _9\"></span>r the trie<span class=\"_ _9\"></span>nnial valu<span class=\"_ _9\"></span>atio<span class=\"_ _9\"></span>n at 30 Jun<span class=\"_ _9\"></span>e 2024 have be<span class=\"_ _9\"></span>en res<span class=\"_ _9\"></span>ta<span class=\"_ _9\"></span>ted to the a<span class=\"_ _9\"></span>ssum<span class=\"_ _9\"></span>ption<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs44a\">des<span class=\"_ _9\"></span>crib<span class=\"_ _9\"></span>ed by IA<span class=\"_ _9\"></span>S 19 Employee Be<span class=\"_ _9\"></span>nefit<span class=\"_ _9\"></span>s. The majo<span class=\"_ _9\"></span>r assu<span class=\"_ _9\"></span>mptio<span class=\"_ _9\"></span>ns us<span class=\"_ _9\"></span>ed in the val<span class=\"_ _9\"></span>uati<span class=\"_ _9\"></span>on were (i<span class=\"_ _9\"></span>n nomin<span class=\"_ _9\"></span>al terms)<span class=\"_ _1\"></span>:<span class=\"_ _335\"> </span></div><div class=\"gs44b\"><table class=\"s w2d9 h100\" id=\"_ec93a4d4-46b1-4467-b659-315295a4bc16\"><tr><td></td><td class=\"t m0 x2ba h15 y3533 ff2 fsd fc2 sc0 ls3f wsbc\">2026 </td><td class=\"t m0 x247 h15 y3533 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 xd78 h15 y3534 ff2 fsd fc2 sc0 ls1 ws1\">%<span class=\"_ _335\"> </span></td><td class=\"t m0 xd79 h15 y3534 ff3 fsd fc2 sc0 ls1 ws1\">%<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32e1 w2da hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Rate<span class=\"_ _11\"></span> of increase in pensionable<span class=\"_ _2\"></span> salaries<span class=\"_ _335\"> </span></div></td><td class=\"c n xd7a y32e1 wf7 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls92 ws9d\">n<span class=\"_ _a\"></span>/a<span class=\"_ _335\"> </span></div></td><td class=\"c n xd7b y32e1 w2db hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls91 ws9c\">n<span class=\"_ _32\"></span>/a<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e2 w2dc hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Rate of incr<span class=\"_ _9\"></span>eas<span class=\"_ _9\"></span>e in pen<span class=\"_ _9\"></span>sion<span class=\"_ _9\"></span>s with n<span class=\"_ _9\"></span>o cap<span class=\"_ _335\"> </span></div></td><td class=\"c n xd7c y32e2 w2dd hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">3.60<span class=\"_ _335\"> </span></div></td><td class=\"c n x4f7 y32e2 w14a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">3.40<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e3 w2de hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Rate of incr<span class=\"_ _9\"></span>eas<span class=\"_ _9\"></span>e in pen<span class=\"_ _9\"></span>sion<span class=\"_ _9\"></span>s with 5% cap<span class=\"_ _335\"> </span></div></td><td class=\"c n xd7d y32e3 w152 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">3.05<span class=\"_ _335\"> </span></div></td><td class=\"c n xd7e y32e3 w14a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">3.30<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e4 w2df hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls37 ws34\">Discount ra<span class=\"_ _9\"></span>te<span class=\"_ _335\"> </span></div></td><td class=\"c n xd7f y32e4 w152 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">6.05<span class=\"_ _335\"> </span></div></td><td class=\"c n xd80 y32e4 w14a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">5.70<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w2e0 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Inflation \u2013 Re<span class=\"_ _9\"></span>tail Price In<span class=\"_ _9\"></span>dex<span class=\"_ _335\"> </span></div></td><td class=\"c n xd81 y32cc w152 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">3.60<span class=\"_ _335\"> </span></div></td><td class=\"c n xd82 y32cc w149 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">3.40<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n xd83 y32cd w2e1 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">\u2013 Consumer P<span class=\"_ _11\"></span>rice Index<span class=\"_ _335\"> </span></div></td><td class=\"c n xd84 y32cd w152 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">3.05<span class=\"_ _335\"> </span></div></td><td class=\"c n xd85 y32cd w149 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">2.75<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs44c\">The mo<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tali<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y assum<span class=\"_ _9\"></span>ptio<span class=\"_ _9\"></span>ns use<span class=\"_ _9\"></span>d in this valu<span class=\"_ _9\"></span>atio<span class=\"_ _9\"></span>n were:<span class=\"_ _335\"> </span></div><div class=\"gs44d\"><table class=\"s w2e2 hd4\" id=\"_19017a14-24ea-4d53-b2cf-dc86635966a5\"><tr><td></td><td class=\"t m0 x2ba h15 y3535 ff2 fsd fc2 sc0 ls3f wsbc\">2026 </td><td class=\"t m0 x247 h15 y3535 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x246 h15 y3536 ff2 fsd fc2 sc0 ls7d ws84\">Ye<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>r<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></td><td class=\"t m0 x33a h15 y3536 ff3 fsd fc2 sc0 ls7d ws84\">Ye<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>r<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32ca w2e3 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Life expectancy at age 6<span class=\"_ _2\"></span>0 for cu<span class=\"_ _2\"></span>rrent pensioners \u2013 Men<span class=\"_ _335\"> </span></div></td><td class=\"c n xd86 y32ca w152 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">26.2<span class=\"_ _335\"> </span></div></td><td class=\"c n xd87 y32ca w149 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">25.9<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n xd88 y32cb w2e4 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">\u2013 W<span class=\"_ _11\"></span>omen<span class=\"_ _335\"> </span></div></td><td class=\"c n xd89 y32cb w152 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">28.5<span class=\"_ _335\"> </span></div></td><td class=\"c n xd8a y32cb w14a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">28.5<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w2e5 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Life exp<span class=\"_ _9\"></span>ec<span class=\"_ _a\"></span>tancy a<span class=\"_ _9\"></span>t age 60 for f<span class=\"_ _9\"></span>uture p<span class=\"_ _9\"></span>ens<span class=\"_ _9\"></span>ione<span class=\"_ _9\"></span>rs (current age 4<span class=\"_ _9\"></span>0) \u2013 Men<span class=\"_ _335\"> </span></div></td><td class=\"c n xd8b y32cc w152 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">27.1<span class=\"_ _335\"> </span></div></td><td class=\"c n xd8c y32cc w149 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">27.3<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n xd8d y32cd w2e6 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">\u2013 W<span class=\"_ _11\"></span>omen<span class=\"_ _335\"> </span></div></td><td class=\"c n xd8e y32cd w2dd hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">30.6<span class=\"_ _335\"> </span></div></td><td class=\"c n xd8f y32cd w14a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">30.9<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs44f\">The se<span class=\"_ _9\"></span>nsiti<span class=\"_ _9\"></span>vi<span class=\"_ _9\"></span>ties re<span class=\"_ _9\"></span>gard<span class=\"_ _9\"></span>ing the p<span class=\"_ _9\"></span>rincip<span class=\"_ _9\"></span>al as<span class=\"_ _9\"></span>sumpti<span class=\"_ _9\"></span>ons us<span class=\"_ _9\"></span>ed to m<span class=\"_ _9\"></span>easur<span class=\"_ _9\"></span>e the Sc<span class=\"_ _9\"></span>hem<span class=\"_ _9\"></span>e liabili<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s are se<span class=\"_ _9\"></span>t out b<span class=\"_ _9\"></span>elow<span class=\"_ _11\"></span>. T<span class=\"_ _9\"></span>hes<span class=\"_ _9\"></span>e were c<span class=\"_ _9\"></span>alcula<span class=\"_ _9\"></span>ted u<span class=\"_ _9\"></span>sing<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs450\">approx<span class=\"_ _9\"></span>imate m<span class=\"_ _9\"></span>eth<span class=\"_ _9\"></span>ods tak<span class=\"_ _9\"></span>ing into a<span class=\"_ _9\"></span>ccoun<span class=\"_ _9\"></span>t the dura<span class=\"_ _9\"></span>tion of th<span class=\"_ _9\"></span>e Sch<span class=\"_ _9\"></span>em<span class=\"_ _9\"></span>e liabili<span class=\"_ _9\"></span>ties.<span class=\"_ _335\"> </span></div><div class=\"gs451\"><table class=\"s w2e7 h101\" id=\"_be1c1ba3-90df-4057-80bd-9d702451a13e\"><tr><td class=\"c n x24f y3537 w2e8 hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls77 ws7d\">Assumption<span class=\"_ _335\"> </span></div></td><td class=\"c n xd90 y3537 w2e9 hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls41 ws36\">C<span class=\"_ _11\"></span>hange in assump<span class=\"_ _2\"></span>tion<span class=\"_ _335\"> </span></div></td><td class=\"c n xd91 y3537 w2ea hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls78 ws7f\">Impact on Scheme liabilities<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y33ac w2df hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls37 ws34\">Discount ra<span class=\"_ _9\"></span>te<span class=\"_ _335\"> </span></div></td><td class=\"c n xd92 y33ac w2eb hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws61\">Decrease<span class=\"_ _2\"></span> by<span class=\"_ _2\"></span> 0<span class=\"_ _1\"></span>.5<span class=\"_ _11\"></span>%<span class=\"_ _335\"> </span></div></td><td class=\"c n xd93 y33ac w2ec hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Incre<span class=\"_ _9\"></span>ase by \u00a37<span class=\"_ _11\"></span>m<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y33ad w2ed hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls37 ws34\">Life expe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tancy<span class=\"_ _335\"> </span></div></td><td class=\"c n xd94 y33ad w2ee hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Incr<span class=\"_ _9\"></span>eas<span class=\"_ _9\"></span>e by 1 year<span class=\"_ _335\"> </span></div></td><td class=\"c n xd95 y33ad w2ef hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Incre<span class=\"_ _9\"></span>ase by \u00a35m<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w2f0 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Rate of inflatio<span class=\"_ _9\"></span>n<span class=\"_ _335\"> </span></div></td><td class=\"c n xd96 y32cd w2f1 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">In<span class=\"_ _9\"></span>crea<span class=\"_ _9\"></span>se by 0<span class=\"_ _11\"></span>.5<span class=\"_ _11\"></span>%<span class=\"_ _335\"> </span></div></td><td class=\"c n xd97 y32cd w2ef hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Incre<span class=\"_ _9\"></span>ase by \u00a35m<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs452\">The ab<span class=\"_ _9\"></span>ove sens<span class=\"_ _9\"></span>itiv<span class=\"_ _9\"></span>itie<span class=\"_ _9\"></span>s show th<span class=\"_ _9\"></span>e imp<span class=\"_ _9\"></span>ac<span class=\"_ _9\"></span>t on li<span class=\"_ _9\"></span>abiliti<span class=\"_ _9\"></span>es on<span class=\"_ _9\"></span>ly and d<span class=\"_ _9\"></span>o not r<span class=\"_ _9\"></span>eflec<span class=\"_ _a\"></span>t the hed<span class=\"_ _9\"></span>ging the S<span class=\"_ _9\"></span>che<span class=\"_ _9\"></span>me ha<span class=\"_ _9\"></span>s in pla<span class=\"_ _9\"></span>ce. In Dece<span class=\"_ _9\"></span>mbe<span class=\"_ _9\"></span>r 2022, the<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs453\">Sch<span class=\"_ _9\"></span>eme tran<span class=\"_ _9\"></span>sac<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d a bu<span class=\"_ _9\"></span>y-in polic<span class=\"_ _9\"></span>y for \u00a379m coverin<span class=\"_ _9\"></span>g all rem<span class=\"_ _9\"></span>aining unin<span class=\"_ _9\"></span>sured m<span class=\"_ _9\"></span>emb<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>s. As a re<span class=\"_ _9\"></span>sult, the G<span class=\"_ _9\"></span>roup no l<span class=\"_ _9\"></span>ong<span class=\"_ _9\"></span>er be<span class=\"_ _9\"></span>ars a<span class=\"_ _9\"></span>ny longev<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>,<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs454\">intere<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t rate or infla<span class=\"_ _9\"></span>tion ri<span class=\"_ _9\"></span>sk in res<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t of the p<span class=\"_ _9\"></span>en<span class=\"_ _9\"></span>sion sc<span class=\"_ _9\"></span>hem<span class=\"_ _9\"></span>e. The buy-in poli<span class=\"_ _9\"></span>cy i<span class=\"_ _9\"></span>s an inves<span class=\"_ _9\"></span>tmen<span class=\"_ _9\"></span>t ass<span class=\"_ _9\"></span>et of th<span class=\"_ _9\"></span>e Sch<span class=\"_ _9\"></span>eme.<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs455\">The Compan<span class=\"_ _2\"></span>y did not<span class=\"_ _2\"></span> operate an<span class=\"_ _11\"></span>y defined contribut<span class=\"_ _2\"></span>ion schemes or defi<span class=\"_ _11\"></span>ne<span class=\"_ _9\"></span>d benefit schemes dur<span class=\"_ _2\"></span>ing the<span class=\"_ _2\"></span> financial<span class=\"_ _11\"></span> years ended 3<span class=\"_ _2\"></span>1 March<span class=\"_ _2\"></span> 202<span class=\"_ _11\"></span>6 or<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs456\">3<span class=\"_ _2\"></span>1 March 2025.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs457\">On 25 Ju<span class=\"_ _9\"></span>ly 2024, the Cour<span class=\"_ _a\"></span>t of Appe<span class=\"_ _9\"></span>al uph<span class=\"_ _9\"></span>eld th<span class=\"_ _9\"></span>e High Co<span class=\"_ _9\"></span>ur<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>\u2019<span class=\"_ _2\"></span>s deci<span class=\"_ _9\"></span>sion in th<span class=\"_ _9\"></span>e Virgin M<span class=\"_ _9\"></span>edia L<span class=\"_ _9\"></span>imite<span class=\"_ _9\"></span>d v NTL Pension T<span class=\"_ _11\"></span>r<span class=\"_ _9\"></span>us<span class=\"_ _9\"></span>tee<span class=\"_ _9\"></span>s II Limite<span class=\"_ _9\"></span>d cas<span class=\"_ _9\"></span>e, ruling<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs458\">that historica<span class=\"_ _2\"></span>l amendments for<span class=\"_ _2\"></span> contracted-out defi<span class=\"_ _2\"></span>ned benefit schemes were i<span class=\"_ _11\"></span>nvalid without<span class=\"_ _2\"></span> a section 37 actuarial<span class=\"_ _2\"></span> confi<span class=\"_ _2\"></span>rmation<span class=\"_ _2\"></span>. Howe<span class=\"_ _11\"></span>ver<span class=\"_ _11\"></span>, the<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs459\">appe<span class=\"_ _9\"></span>al did n<span class=\"_ _9\"></span>ot ad<span class=\"_ _9\"></span>dres<span class=\"_ _9\"></span>s the fo<span class=\"_ _9\"></span>rm of the s<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>on 37 confirma<span class=\"_ _9\"></span>tion o<span class=\"_ _9\"></span>r the ne<span class=\"_ _9\"></span>ces<span class=\"_ _9\"></span>sar<span class=\"_ _a\"></span>y ac<span class=\"_ _9\"></span>tuarial r<span class=\"_ _9\"></span>eme<span class=\"_ _9\"></span>die<span class=\"_ _9\"></span>s if thes<span class=\"_ _9\"></span>e were ab<span class=\"_ _9\"></span>sent. Whil<span class=\"_ _9\"></span>st th<span class=\"_ _9\"></span>ere h<span class=\"_ _9\"></span>as be<span class=\"_ _9\"></span>en<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs45a\">proposed legislation put f<span class=\"_ _2\"></span>or<span class=\"_ _9\"></span>ward<span class=\"_ _2\"></span> to address t<span class=\"_ _11\"></span>his, it was not<span class=\"_ _2\"></span> substantiv<span class=\"_ _2\"></span>ely enacted at the reporting date<span class=\"_ _11\"></span>. Consequently<span class=\"_ _11\"></span>, the T<span class=\"_ _1\"></span>rus<span class=\"_ _9\"></span>tees have not<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs45b\">initia<span class=\"_ _9\"></span>ted a fo<span class=\"_ _9\"></span>rmal du<span class=\"_ _9\"></span>e dilige<span class=\"_ _9\"></span>nce exe<span class=\"_ _9\"></span>rcise to inve<span class=\"_ _9\"></span>sti<span class=\"_ _9\"></span>gate thi<span class=\"_ _9\"></span>s mat<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>r foll<span class=\"_ _9\"></span>owing di<span class=\"_ _9\"></span>scus<span class=\"_ _9\"></span>sion<span class=\"_ _9\"></span>s wi<span class=\"_ _9\"></span>th their l<span class=\"_ _9\"></span>egal a<span class=\"_ _9\"></span>dv<span class=\"_ _9\"></span>iser<span class=\"_ _9\"></span>s. The T<span class=\"_ _11\"></span>r<span class=\"_ _9\"></span>us<span class=\"_ _9\"></span>tee<span class=\"_ _9\"></span>s and the G<span class=\"_ _9\"></span>roup<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs45c\">continue<span class=\"_ _11\"></span> to monitor dev<span class=\"_ _2\"></span>elopments and will<span class=\"_ _2\"></span> assess any<span class=\"_ _11\"></span> implications for t<span class=\"_ _2\"></span>he Scheme<span class=\"_ _2\"></span>.</div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfDefinedBenefitPlansExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-391": {
   "value": "<div class=\"t m0 ha2 ff1 fs7 fc0 sc0 ls15e ws19a gs45e\">35<span class=\"_ _c6\"> </span><span class=\"fc4 lsd2 wsf3\">SHARE<span class=\"_ _2\"></span>-BASED P<span class=\"_ _11\"></span>A<span class=\"_ _1\"></span>YMENTS<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h4a ff1 fs1 fc0 sc0 ls1 ws1 gs45f\">A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls51 ws1 gs460\">The co<span class=\"_ _9\"></span>st o<span class=\"_ _9\"></span>f granting s<span class=\"_ _9\"></span>hare<span class=\"_ _9\"></span>s, optio<span class=\"_ _9\"></span>ns over s<span class=\"_ _9\"></span>hares a<span class=\"_ _9\"></span>nd oth<span class=\"_ _9\"></span>er sh<span class=\"_ _9\"></span>are-ba<span class=\"_ _9\"></span>sed r<span class=\"_ _9\"></span>emune<span class=\"_ _9\"></span>ratio<span class=\"_ _9\"></span>n to emp<span class=\"_ _9\"></span>loyee<span class=\"_ _9\"></span>s and E<span class=\"_ _9\"></span>xecu<span class=\"_ _9\"></span>tive D<span class=\"_ _9\"></span>irec<span class=\"_ _9\"></span>to<span class=\"_ _9\"></span>rs is r<span class=\"_ _9\"></span>eco<span class=\"_ _9\"></span>gnis<span class=\"_ _9\"></span>ed thro<span class=\"_ _9\"></span>ugh<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls51 ws1 gs461\">the inc<span class=\"_ _9\"></span>ome s<span class=\"_ _9\"></span>tate<span class=\"_ _9\"></span>men<span class=\"_ _9\"></span>t. All awards are e<span class=\"_ _9\"></span>qui<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y set<span class=\"_ _9\"></span>tl<span class=\"_ _9\"></span>ed an<span class=\"_ _9\"></span>d there<span class=\"_ _9\"></span>fore th<span class=\"_ _9\"></span>e fair valu<span class=\"_ _9\"></span>e is me<span class=\"_ _9\"></span>asure<span class=\"_ _9\"></span>d at the g<span class=\"_ _9\"></span>rant da<span class=\"_ _9\"></span>te. Where the a<span class=\"_ _9\"></span>wards h<span class=\"_ _9\"></span>ave no<span class=\"_ _9\"></span>n-<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls50 ws28 gs462\">mark<span class=\"_ _2\"></span>et related performance criteria<span class=\"_ _11\"></span>, the Group uses t<span class=\"_ _11\"></span>he Black<span class=\"_ _11\"></span>-Scholes option va<span class=\"_ _2\"></span>luation model t<span class=\"_ _2\"></span>o establish t<span class=\"_ _2\"></span>he releva<span class=\"_ _11\"></span>nt fair val<span class=\"_ _2\"></span>ues.<span class=\"_ _2\"></span> Where the<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls50 ws28 gs463\">awards hav<span class=\"_ _2\"></span>e T<span class=\"_ _11\"></span>otal Sha<span class=\"_ _11\"></span>reholder Return (TSR<span class=\"_ _11\"></span>) market relat<span class=\"_ _2\"></span>ed performance criteria<span class=\"_ _2\"></span>, the Grou<span class=\"_ _2\"></span>p has used t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>e Monte<span class=\"_ _2\"></span> Carlo sim<span class=\"_ _2\"></span>ulation v<span class=\"_ _2\"></span>aluation<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls51 ws1 gs464\">mod<span class=\"_ _9\"></span>el<span class=\"_ gsd2\"> </span>to es<span class=\"_ _9\"></span>tab<span class=\"_ _9\"></span>lish the r<span class=\"_ _9\"></span>elevant f<span class=\"_ _9\"></span>air value<span class=\"_ _9\"></span>s. The resul<span class=\"_ _9\"></span>ting valu<span class=\"_ _9\"></span>es are am<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>sed th<span class=\"_ _9\"></span>rough th<span class=\"_ _9\"></span>e inco<span class=\"_ _9\"></span>me s<span class=\"_ _9\"></span>tate<span class=\"_ _9\"></span>ment ove<span class=\"_ _9\"></span>r the ves<span class=\"_ _9\"></span>tin<span class=\"_ _9\"></span>g per<span class=\"_ _9\"></span>iod o<span class=\"_ _9\"></span>f the awar<span class=\"_ _9\"></span>ds.<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls51 ws1 gs465\">For awards w<span class=\"_ _9\"></span>ith no<span class=\"_ _9\"></span>n-market rel<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>d crite<span class=\"_ _9\"></span>ria, the ch<span class=\"_ _9\"></span>arge is r<span class=\"_ _9\"></span>evers<span class=\"_ _9\"></span>ed if i<span class=\"_ _9\"></span>t app<span class=\"_ _9\"></span>ear<span class=\"_ _9\"></span>s prob<span class=\"_ _9\"></span>abl<span class=\"_ _9\"></span>e that th<span class=\"_ _9\"></span>e pe<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>form<span class=\"_ _9\"></span>ance o<span class=\"_ _9\"></span>r ser<span class=\"_ _9\"></span>v<span class=\"_ _9\"></span>ice c<span class=\"_ _9\"></span>riter<span class=\"_ _9\"></span>ia will n<span class=\"_ _9\"></span>ot b<span class=\"_ _9\"></span>e me<span class=\"_ _9\"></span>t.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs466\">The fo<span class=\"_ _9\"></span>llowin<span class=\"_ _9\"></span>g table an<span class=\"_ _9\"></span>alys<span class=\"_ _9\"></span>es the to<span class=\"_ _9\"></span>tal cos<span class=\"_ _9\"></span>t re<span class=\"_ _9\"></span>co<span class=\"_ _9\"></span>gnise<span class=\"_ _9\"></span>d in the in<span class=\"_ _9\"></span>com<span class=\"_ _9\"></span>e sta<span class=\"_ _9\"></span>teme<span class=\"_ _9\"></span>nt for th<span class=\"_ _9\"></span>e year b<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>we<span class=\"_ _9\"></span>en e<span class=\"_ _9\"></span>ach pl<span class=\"_ _9\"></span>an, toge<span class=\"_ _9\"></span>the<span class=\"_ _9\"></span>r with th<span class=\"_ _9\"></span>e numb<span class=\"_ _9\"></span>er of<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs467\">options outstanding<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></div><div class=\"gs468\"><table class=\"s w2f2 h102\" id=\"_e103707a-48dc-4657-b730-5a3c8aa1b30f\"><tr><td></td><td class=\"t m0 x2b8 h15 y3538 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x240 h15 y3538 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x2ba h15 y3538 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _9\"></span> </td><td class=\"t m0 x247 h15 y3538 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 xa96 h15 y3539 ff2 fsd fc2 sc0 ls78 ws7e\">Charge </td><td class=\"t m0 xa97 h15 y3539 ff2 fsd fc2 sc0 ls77 ws7d\">Number </td><td class=\"t m0 x23d h15 y3539 ff3 fsd fc2 sc0 ls76 ws13e\">Charge </td><td class=\"t m0 x421 h15 y3539 ff3 fsd fc2 sc0 ls76 ws13e\">Number </td></tr><tr><td></td><td class=\"t m0 x24b h15 y353a ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 xd98 h15 y353a ff2 fsd fc2 sc0 ls16f ws1b1\">(m<span class=\"_ _9\"></span>i<span class=\"_ _9\"></span>l<span class=\"_ _9\"></span>l<span class=\"_ _9\"></span>i<span class=\"_ _a\"></span>on<span class=\"_ _a\"></span>s)<span class=\"_ _335\"> </span></td><td class=\"t m0 x24d h15 y353a ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x55e h15 y353a ff3 fsd fc2 sc0 ls76 ws13e\">(<span class=\"_ _11\"></span>milli<span class=\"_ _9\"></span>ons)<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y353b w2f3 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Long-<span class=\"_ _1\"></span>T<span class=\"_ _11\"></span>erm Incentive P<span class=\"_ _11\"></span>lan<span class=\"_ _335\"> </span></div></td><td class=\"c n xd99 y353b w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n xd9a y353b w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td><td class=\"c n xd9b y353b w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xd9c y353b w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y33aa w2f4 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Deferred Share Bonus<span class=\"_ _2\"></span> Plan<span class=\"_ _335\"> </span></div></td><td class=\"c n x5e3 y33aa w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xd9d y33aa w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xd9e y33aa w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x3d3 y33aa w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y33ab w2f5 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Exe<span class=\"_ _9\"></span>cuti<span class=\"_ _9\"></span>ve Shar<span class=\"_ _9\"></span>e Op<span class=\"_ _9\"></span>tion Sc<span class=\"_ _9\"></span>hem<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span></div></td><td class=\"c n xd9f y33ab w37 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xda0 y33ab w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xda1 y33ab w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xda2 y33ab w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y33ac w2f6 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Sharesave P<span class=\"_ _2\"></span>lan<span class=\"_ _335\"> </span></div></td><td class=\"c n xda3 y33ac w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n x656 y33ac w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xda4 y33ac w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xda5 y33ac w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3334 w2f7 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Res<span class=\"_ _9\"></span>tric<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d Share Pl<span class=\"_ _9\"></span>an<span class=\"_ _335\"> </span></div></td><td class=\"c n xda6 y3334 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n xda7 y3334 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xda8 y3334 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n xda9 y3334 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n xdaa y32cd w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">9<span class=\"_ _335\"> </span></div></td><td class=\"c n xdab y32cd w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">9<span class=\"_ _335\"> </span></div></td><td class=\"c n xdac y32cd w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td><td class=\"c n xdad y32cd w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">8<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs469\">A summar<span class=\"_ _a\"></span>y of the main fe<span class=\"_ _9\"></span>atu<span class=\"_ _9\"></span>res of e<span class=\"_ _9\"></span>ach t<span class=\"_ _9\"></span>y<span class=\"_ _9\"></span>pe o<span class=\"_ _9\"></span>f plan is g<span class=\"_ _9\"></span>iven b<span class=\"_ _9\"></span>elow<span class=\"_ _11\"></span>. T<span class=\"_ _9\"></span>he pl<span class=\"_ _9\"></span>ans ha<span class=\"_ _9\"></span>ve be<span class=\"_ _9\"></span>en spli<span class=\"_ _9\"></span>t into t<span class=\"_ _9\"></span>wo ca<span class=\"_ _9\"></span>tego<span class=\"_ _9\"></span>rie<span class=\"_ _9\"></span>s: Execu<span class=\"_ _9\"></span>tive pl<span class=\"_ _9\"></span>ans and O<span class=\"_ _9\"></span>th<span class=\"_ _9\"></span>er </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs46a\">plan<span class=\"_ _9\"></span>s. F<span class=\"_ _11\"></span>o<span class=\"_ _9\"></span>r fur<span class=\"_ _9\"></span>th<span class=\"_ _9\"></span>er de<span class=\"_ _9\"></span>tails o<span class=\"_ _9\"></span>n the E<span class=\"_ _9\"></span>xecu<span class=\"_ _9\"></span>tive pl<span class=\"_ _9\"></span>ans, se<span class=\"_ _9\"></span>e the Dir<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>to<span class=\"_ _9\"></span>rs\u2019 Remune<span class=\"_ _9\"></span>rati<span class=\"_ _9\"></span>on Repo<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>t on p<span class=\"_ _9\"></span>age<span class=\"_ _9\"></span>s 68-7<span class=\"_ _2\"></span>9<span class=\"_ _1\"></span>.<span class=\"_ _335\"> </span></div><div class=\"t m0 h12 ff1 fsa fc2 sc0 ls48 ws46 gs46b\">E<span class=\"_ _9\"></span>XECUTIV<span class=\"_ _9\"></span>E PL<span class=\"_ _9\"></span>ANS:<span class=\"_ _335\"> </span></div><div class=\"t m0 h4a ff1 fs1 fc2 sc0 lse3 ws1a gs46c\">LONG-<span class=\"_ _2\"></span>TERM INC<span class=\"_ _9\"></span>ENTIVE PL<span class=\"_ _9\"></span>AN (L<span class=\"_ _11\"></span>TIP<span class=\"_ _2\"></span>)<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs46d\">The L<span class=\"_ _11\"></span>TIP is o<span class=\"_ _9\"></span>pen to E<span class=\"_ _9\"></span>xe<span class=\"_ _9\"></span>cuti<span class=\"_ _9\"></span>ve Dire<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tor<span class=\"_ _9\"></span>s, Exe<span class=\"_ _9\"></span>cuti<span class=\"_ _9\"></span>ve Lea<span class=\"_ _9\"></span>der<span class=\"_ _9\"></span>ship T<span class=\"_ _2\"></span>eam and s<span class=\"_ _9\"></span>enio<span class=\"_ _9\"></span>r mana<span class=\"_ _9\"></span>gem<span class=\"_ _9\"></span>ent me<span class=\"_ _9\"></span>mbe<span class=\"_ _9\"></span>rs w<span class=\"_ _9\"></span>ith a<span class=\"_ _9\"></span>wards ma<span class=\"_ _9\"></span>de at th<span class=\"_ _9\"></span>e disc<span class=\"_ _9\"></span>reti<span class=\"_ _9\"></span>on of the<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs46e\">Remuner<span class=\"_ _9\"></span>atio<span class=\"_ _9\"></span>n Comm<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>tee. In addi<span class=\"_ _9\"></span>tion, o<span class=\"_ _9\"></span>ther th<span class=\"_ _9\"></span>an for E<span class=\"_ _9\"></span>xecu<span class=\"_ _9\"></span>tive D<span class=\"_ _9\"></span>irec<span class=\"_ _a\"></span>tors, an award o<span class=\"_ _9\"></span>f \u2018<span class=\"_ _2\"></span>match<span class=\"_ _9\"></span>ing shar<span class=\"_ _9\"></span>es\u2019 coul<span class=\"_ _9\"></span>d be m<span class=\"_ _9\"></span>ade w<span class=\"_ _9\"></span>here th<span class=\"_ _9\"></span>e indi<span class=\"_ _9\"></span>vidu<span class=\"_ _9\"></span>al </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs46f\">acquir<span class=\"_ _9\"></span>ed sh<span class=\"_ _9\"></span>ares in L<span class=\"_ _9\"></span>and Se<span class=\"_ _9\"></span>curi<span class=\"_ _9\"></span>ties G<span class=\"_ _9\"></span>roup PLC and ple<span class=\"_ _9\"></span>dge<span class=\"_ _9\"></span>d to hol<span class=\"_ _9\"></span>d them fo<span class=\"_ _9\"></span>r a pe<span class=\"_ _9\"></span>riod o<span class=\"_ _9\"></span>f thre<span class=\"_ _9\"></span>e year<span class=\"_ _9\"></span>s. The awards ar<span class=\"_ _9\"></span>e issu<span class=\"_ _9\"></span>ed a<span class=\"_ _9\"></span>t nil con<span class=\"_ _9\"></span>side<span class=\"_ _9\"></span>ratio<span class=\"_ _9\"></span>n, </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs470\">subjec<span class=\"_ _a\"></span>t to per<span class=\"_ _9\"></span>form<span class=\"_ _9\"></span>ance a<span class=\"_ _9\"></span>nd ves<span class=\"_ _9\"></span>ting c<span class=\"_ _9\"></span>ondi<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>s bein<span class=\"_ _9\"></span>g me<span class=\"_ _9\"></span>t. Awards of L<span class=\"_ _11\"></span>TIP share<span class=\"_ _9\"></span>s and ma<span class=\"_ _9\"></span>tching s<span class=\"_ _9\"></span>hare<span class=\"_ _9\"></span>s are subje<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t to the sam<span class=\"_ _9\"></span>e pe<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>form<span class=\"_ _9\"></span>ance<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs471\">crite<span class=\"_ _9\"></span>ria and n<span class=\"_ _9\"></span>orma<span class=\"_ _9\"></span>lly ves<span class=\"_ _9\"></span>t af<span class=\"_ _a\"></span>ter three ye<span class=\"_ _9\"></span>ars. Awards are s<span class=\"_ _9\"></span>atis<span class=\"_ _9\"></span>fied by the t<span class=\"_ _9\"></span>rans<span class=\"_ _9\"></span>fer of ex<span class=\"_ _9\"></span>is<span class=\"_ _9\"></span>ting sh<span class=\"_ _9\"></span>ares h<span class=\"_ _9\"></span>eld by th<span class=\"_ _9\"></span>e Employe<span class=\"_ _9\"></span>e Ben<span class=\"_ _9\"></span>efit T<span class=\"_ _2\"></span>rus<span class=\"_ _9\"></span>t (EBT)<span class=\"_ _1\"></span>.<span class=\"_ _9\"></span> </div>The<span class=\"_ gsd2\"> </span>wei<span class=\"_ _9\"></span>ghted a<span class=\"_ _9\"></span>verag<span class=\"_ _9\"></span>e share p<span class=\"_ _9\"></span>rice a<span class=\"_ _9\"></span>t the d<span class=\"_ _9\"></span>ate of ve<span class=\"_ _9\"></span>sti<span class=\"_ _9\"></span>ng was <span class=\"ff2 ls122 ws158\">598<span class=\"_ _9\"></span>p<span class=\"_ _9\"></span></span> (2025: 622p<span class=\"_ _11\"></span>)<span class=\"_ _1\"></span>. Th<span class=\"_ _9\"></span>e es<span class=\"_ _9\"></span>tima<span class=\"_ _9\"></span>ted fa<span class=\"_ _9\"></span>ir value of a<span class=\"_ _9\"></span>wards gran<span class=\"_ _9\"></span>ted dur<span class=\"_ _9\"></span>ing the ye<span class=\"_ _9\"></span>ar<span class=\"_ _335\"> </span>under the<span class=\"_ _2\"></span> scheme was <span class=\"ff2 ls120 ws156\">\u00a316m<span class=\"_ _9\"></span></span><span class=\"ls22 ws1\"> (2025: \u00a38m<span class=\"_ _11\"></span>)<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></span>DE<span class=\"_ _9\"></span>FE<span class=\"_ _9\"></span>R<span class=\"_ _9\"></span>R<span class=\"_ _9\"></span>ED S<span class=\"_ _9\"></span>HA<span class=\"_ _9\"></span>R<span class=\"_ _9\"></span>E BO<span class=\"_ _9\"></span>N<span class=\"_ _9\"></span>US PL<span class=\"_ _a\"></span>AN (DSB<span class=\"_ _9\"></span>P)<span class=\"_ _335\"> </span>The E<span class=\"_ _9\"></span>xecu<span class=\"_ _9\"></span>tive D<span class=\"_ _9\"></span>irec<span class=\"_ _a\"></span>tors\u2019 annual b<span class=\"_ _9\"></span>onus i<span class=\"_ _9\"></span>s str<span class=\"_ _9\"></span>uc<span class=\"_ _9\"></span>tur<span class=\"_ _9\"></span>ed in t<span class=\"_ _9\"></span>wo dis<span class=\"_ _9\"></span>tin<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t par<span class=\"_ _a\"></span>ts mad<span class=\"_ _9\"></span>e up of an ini<span class=\"_ _9\"></span>tial p<span class=\"_ _9\"></span>aym<span class=\"_ _9\"></span>ent an<span class=\"_ _9\"></span>d defe<span class=\"_ _9\"></span>rred s<span class=\"_ _9\"></span>hare<span class=\"_ _9\"></span>s. The share<span class=\"_ _9\"></span>s are<span class=\"_ _335\"> </span>usually def<span class=\"_ _2\"></span>erred for one<span class=\"_ _2\"></span> or two years<span class=\"_ _2\"></span>. The shar<span class=\"_ _2\"></span>es are defer<span class=\"_ _2\"></span>red for one y<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>ar and a<span class=\"_ _2\"></span>re not su<span class=\"_ _2\"></span>bject to additiona<span class=\"_ _2\"></span>l performance criteria<span class=\"_ _11\"></span>. Awar<span class=\"_ _2\"></span>ds are<span class=\"_ _335\"> </span>satis<span class=\"_ _9\"></span>fie<span class=\"_ _9\"></span>d by the trans<span class=\"_ _9\"></span>fer o<span class=\"_ _9\"></span>f exis<span class=\"_ _9\"></span>ting s<span class=\"_ _9\"></span>hare<span class=\"_ _9\"></span>s hel<span class=\"_ _9\"></span>d by the EBT at nil con<span class=\"_ _9\"></span>side<span class=\"_ _9\"></span>ratio<span class=\"_ _9\"></span>n. The weighte<span class=\"_ _9\"></span>d aver<span class=\"_ _9\"></span>age sh<span class=\"_ _9\"></span>are pri<span class=\"_ _9\"></span>ce at th<span class=\"_ _9\"></span>e date o<span class=\"_ _9\"></span>f ves<span class=\"_ _9\"></span>ting du<span class=\"_ _9\"></span>ring<span class=\"_ _335\"> </span>the year wa<span class=\"_ _9\"></span>s <span class=\"ff2 ls1b ws11a\">602p</span> (<span class=\"_ _9\"></span>2025: 635p<span class=\"_ _11\"></span>)<span class=\"_ _11\"></span>. The e<span class=\"_ _9\"></span>sti<span class=\"_ _9\"></span>mate<span class=\"_ _9\"></span>d fair value o<span class=\"_ _9\"></span>f award<span class=\"_ _9\"></span>s grante<span class=\"_ _9\"></span>d during th<span class=\"_ _9\"></span>e year un<span class=\"_ _9\"></span>der the s<span class=\"_ _9\"></span>che<span class=\"_ _9\"></span>me was <span class=\"ff2 ls120 ws156\">\u00a31<span class=\"_ _9\"></span>m</span> (<span class=\"_ _9\"></span>2025: \u00a3<span class=\"_ _11\"></span>1m<span class=\"_ _2\"></span>)<span class=\"_ _1\"></span>.<span class=\"_ _335\"> </span>OTHER PL<span class=\"_ _9\"></span>AN<span class=\"_ _9\"></span>S:<span class=\"_ _335\"> </span>EXECUTIVE SHARE OPTION SCHEME (<span class=\"_ _11\"></span>E<span class=\"_ _9\"></span>SOS<span class=\"_ _2\"></span>)<span class=\"_ _335\"> </span>The 200<span class=\"_ _9\"></span>5 ESOS wa<span class=\"_ _9\"></span>s prev<span class=\"_ _9\"></span>iousl<span class=\"_ _9\"></span>y op<span class=\"_ _9\"></span>en to man<span class=\"_ _9\"></span>age<span class=\"_ _9\"></span>rs no<span class=\"_ _9\"></span>t eligi<span class=\"_ _9\"></span>ble to p<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>ticip<span class=\"_ _9\"></span>ate in th<span class=\"_ _9\"></span>e L<span class=\"_ _11\"></span>TIP<span class=\"_ _1\"></span>, but was l<span class=\"_ _9\"></span>argel<span class=\"_ _9\"></span>y rep<span class=\"_ _9\"></span>lace<span class=\"_ _9\"></span>d by the Res<span class=\"_ _9\"></span>tri<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ted Sh<span class=\"_ _9\"></span>are O<span class=\"_ _9\"></span>ptio<span class=\"_ _9\"></span>n<span class=\"_ _335\"> </span>Plan in the ye<span class=\"_ _9\"></span>ar end<span class=\"_ _9\"></span>ed 31 March 2020. A<span class=\"_ _11\"></span>wa<span class=\"_ _9\"></span>rds are dis<span class=\"_ _9\"></span>cre<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>y and ar<span class=\"_ _9\"></span>e granted ove<span class=\"_ _9\"></span>r ordin<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>y sha<span class=\"_ _9\"></span>res of th<span class=\"_ _9\"></span>e Com<span class=\"_ _9\"></span>pany at th<span class=\"_ _9\"></span>e middl<span class=\"_ _9\"></span>e market p<span class=\"_ _9\"></span>rice<span class=\"_ _335\"> </span>on the thr<span class=\"_ _9\"></span>ee de<span class=\"_ _9\"></span>aling d<span class=\"_ _9\"></span>ays im<span class=\"_ _9\"></span>med<span class=\"_ _9\"></span>iatel<span class=\"_ _9\"></span>y pre<span class=\"_ _9\"></span>ce<span class=\"_ _9\"></span>ding the d<span class=\"_ _9\"></span>ate of gr<span class=\"_ _9\"></span>ant. Awards normal<span class=\"_ _9\"></span>ly ves<span class=\"_ _9\"></span>t af<span class=\"_ _a\"></span>ter three ye<span class=\"_ _9\"></span>ars an<span class=\"_ _9\"></span>d are no<span class=\"_ _9\"></span>t subje<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t to per<span class=\"_ _9\"></span>f<span class=\"_ _9\"></span>orma<span class=\"_ _9\"></span>nce<span class=\"_ _335\"> </span>condi<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>s. Awards are satis<span class=\"_ _9\"></span>fied by th<span class=\"_ _9\"></span>e trans<span class=\"_ _9\"></span>fer s<span class=\"_ _9\"></span>hare<span class=\"_ _9\"></span>s from the EBT and la<span class=\"_ _9\"></span>pse ten ye<span class=\"_ _9\"></span>ars a<span class=\"_ _9\"></span>f<span class=\"_ _9\"></span>ter the d<span class=\"_ _9\"></span>ate of g<span class=\"_ _9\"></span>rant. There we<span class=\"_ _9\"></span>re no a<span class=\"_ _9\"></span>wards exerc<span class=\"_ _9\"></span>ise<span class=\"_ _9\"></span>d<span class=\"_ _335\"> </span>during th<span class=\"_ _9\"></span>e year (<span class=\"_ _9\"></span>2025: none<span class=\"_ _11\"></span>)<span class=\"_ _11\"></span>. Th<span class=\"_ _9\"></span>e es<span class=\"_ _9\"></span>tima<span class=\"_ _9\"></span>ted fair val<span class=\"_ _9\"></span>ue of a<span class=\"_ _9\"></span>wards grante<span class=\"_ _9\"></span>d durin<span class=\"_ _9\"></span>g the yea<span class=\"_ _9\"></span>r under t<span class=\"_ _9\"></span>he sch<span class=\"_ _9\"></span>eme wa<span class=\"_ _9\"></span>s <span class=\"ff2 ls1f ws1d\">\u00a3nil</span> (2025: \u00a3nil)<span class=\"_ _1\"></span>.<span class=\"_ _335\"> </span>SHARESAVE<span class=\"_ _11\"></span> PL<span class=\"_ _9\"></span>AN<span class=\"_ _335\"> </span>Under th<span class=\"_ _9\"></span>e Shar<span class=\"_ _9\"></span>esa<span class=\"_ _9\"></span>ve Plan, E<span class=\"_ _9\"></span>xecu<span class=\"_ _9\"></span>tive Di<span class=\"_ _9\"></span>rec<span class=\"_ _9\"></span>to<span class=\"_ _9\"></span>rs and o<span class=\"_ _9\"></span>the<span class=\"_ _9\"></span>r eligib<span class=\"_ _9\"></span>le em<span class=\"_ _9\"></span>ployee<span class=\"_ _9\"></span>s are invi<span class=\"_ _9\"></span>ted to ma<span class=\"_ _9\"></span>ke regular m<span class=\"_ _9\"></span>onthl<span class=\"_ _9\"></span>y cont<span class=\"_ _9\"></span>ributi<span class=\"_ _9\"></span>ons into a S<span class=\"_ _9\"></span>hare<span class=\"_ _9\"></span>save<span class=\"_ _335\"> </span>plan o<span class=\"_ _9\"></span>pera<span class=\"_ _9\"></span>ted by Equini<span class=\"_ _9\"></span>ti. On comp<span class=\"_ _9\"></span>leti<span class=\"_ _9\"></span>on of th<span class=\"_ _9\"></span>e three o<span class=\"_ _9\"></span>r five year c<span class=\"_ _9\"></span>ontra<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t pe<span class=\"_ _9\"></span>riod, or<span class=\"_ _9\"></span>dinar<span class=\"_ _9\"></span>y s<span class=\"_ _9\"></span>hare<span class=\"_ _9\"></span>s in the Co<span class=\"_ _9\"></span>mpany ma<span class=\"_ _9\"></span>y be p<span class=\"_ _9\"></span>urcha<span class=\"_ _9\"></span>sed a<span class=\"_ _9\"></span>t a pric<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span>bas<span class=\"_ _9\"></span>ed up<span class=\"_ _9\"></span>on the mi<span class=\"_ _9\"></span>ddle m<span class=\"_ _9\"></span>arket pri<span class=\"_ _9\"></span>ce on th<span class=\"_ _9\"></span>e three d<span class=\"_ _9\"></span>ealin<span class=\"_ _9\"></span>g day<span class=\"_ _9\"></span>s imme<span class=\"_ _9\"></span>dia<span class=\"_ _9\"></span>tely p<span class=\"_ _9\"></span>rece<span class=\"_ _9\"></span>ding th<span class=\"_ _9\"></span>e date o<span class=\"_ _9\"></span>f invita<span class=\"_ _9\"></span>tion le<span class=\"_ _9\"></span>ss 20% disc<span class=\"_ _9\"></span>ount. The wei<span class=\"_ _9\"></span>ghted<span class=\"_ _335\"> </span>avera<span class=\"_ _9\"></span>ge sha<span class=\"_ _9\"></span>re pric<span class=\"_ _9\"></span>e at the d<span class=\"_ _9\"></span>ate of e<span class=\"_ _9\"></span>xercis<span class=\"_ _9\"></span>e for awa<span class=\"_ _9\"></span>rds exerci<span class=\"_ _9\"></span>se<span class=\"_ _9\"></span>d during th<span class=\"_ _9\"></span>e year was <span class=\"ff2 ls49 wsdd\">603<span class=\"_ _9\"></span>p</span> (202<span class=\"_ _9\"></span>5: 6<span class=\"_ _11\"></span>20<span class=\"_ _9\"></span>p<span class=\"_ _11\"></span>)<span class=\"_ _11\"></span>. The e<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>timate<span class=\"_ _9\"></span>d fair valu<span class=\"_ _9\"></span>e of awar<span class=\"_ _9\"></span>ds<span class=\"_ _335\"> </span>granted d<span class=\"_ _9\"></span>uring th<span class=\"_ _9\"></span>e year und<span class=\"_ _9\"></span>er the s<span class=\"_ _9\"></span>che<span class=\"_ _9\"></span>me was <span class=\"ff2 ls120 ws156\">\u00a31<span class=\"_ _9\"></span>m</span> (<span class=\"_ _9\"></span>2025: \u00a3<span class=\"_ _11\"></span>1m<span class=\"_ _2\"></span>)<span class=\"_ _1\"></span>.<span class=\"_ _335\"> </span>RE<span class=\"_ _9\"></span>S<span class=\"_ _9\"></span>TR<span class=\"_ _9\"></span>I<span class=\"_ _9\"></span>C<span class=\"_ _9\"></span>TE<span class=\"_ _9\"></span>D SH<span class=\"_ _9\"></span>AR<span class=\"_ _9\"></span>E P<span class=\"_ _9\"></span>L<span class=\"_ _9\"></span>A<span class=\"_ _9\"></span>N (RSP)<span class=\"_ _335\"> </span>The RSP s<span class=\"_ _9\"></span>tar<span class=\"_ _a\"></span>ted in the yea<span class=\"_ _9\"></span>r ende<span class=\"_ _9\"></span>d 31 March 2020<span class=\"_ _11\"></span>. I<span class=\"_ _9\"></span>t is op<span class=\"_ _9\"></span>en to quali<span class=\"_ _9\"></span>f<span class=\"_ _9\"></span>yin<span class=\"_ _9\"></span>g mana<span class=\"_ _9\"></span>gem<span class=\"_ _9\"></span>ent leve<span class=\"_ _9\"></span>l empl<span class=\"_ _9\"></span>oyees w<span class=\"_ _9\"></span>ith a<span class=\"_ _9\"></span>wards gran<span class=\"_ _9\"></span>ted as nil c<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>t op<span class=\"_ _9\"></span>tions.<span class=\"_ _335\"> </span>Awards are dis<span class=\"_ _9\"></span>cre<span class=\"_ _9\"></span>tionar<span class=\"_ _a\"></span>y and are grante<span class=\"_ _9\"></span>d over ord<span class=\"_ _9\"></span>inar<span class=\"_ _9\"></span>y s<span class=\"_ _9\"></span>hare<span class=\"_ _9\"></span>s of the C<span class=\"_ _9\"></span>omp<span class=\"_ _9\"></span>any at the mid<span class=\"_ _9\"></span>dle mar<span class=\"_ _9\"></span>ket pric<span class=\"_ _9\"></span>e on the d<span class=\"_ _9\"></span>ay imm<span class=\"_ _9\"></span>edia<span class=\"_ _9\"></span>tel<span class=\"_ _9\"></span>y pre<span class=\"_ _9\"></span>cedin<span class=\"_ _9\"></span>g<span class=\"_ _335\"> </span>date of g<span class=\"_ _9\"></span>rant. Awards norm<span class=\"_ _9\"></span>ally ve<span class=\"_ _9\"></span>st a<span class=\"_ _9\"></span>f<span class=\"_ _9\"></span>ter thre<span class=\"_ _9\"></span>e year<span class=\"_ _9\"></span>s and ar<span class=\"_ _9\"></span>e not su<span class=\"_ _9\"></span>bjec<span class=\"_ _9\"></span>t to p<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>fo<span class=\"_ _9\"></span>rmanc<span class=\"_ _9\"></span>e con<span class=\"_ _9\"></span>ditio<span class=\"_ _9\"></span>ns. Awards are sati<span class=\"_ _9\"></span>sfie<span class=\"_ _9\"></span>d by the trans<span class=\"_ _9\"></span>fe<span class=\"_ _9\"></span>r of<span class=\"_ _335\"> </span>share<span class=\"_ _9\"></span>s from th<span class=\"_ _9\"></span>e EBT and lapse te<span class=\"_ _9\"></span>n year<span class=\"_ _9\"></span>s af<span class=\"_ _9\"></span>ter th<span class=\"_ _9\"></span>e date o<span class=\"_ _9\"></span>f grant. The wei<span class=\"_ _9\"></span>ghted a<span class=\"_ _9\"></span>verag<span class=\"_ _9\"></span>e share p<span class=\"_ _9\"></span>rice a<span class=\"_ _9\"></span>t the da<span class=\"_ _9\"></span>te of exer<span class=\"_ _9\"></span>cise fo<span class=\"_ _9\"></span>r award<span class=\"_ _9\"></span>s exercis<span class=\"_ _9\"></span>ed<span class=\"_ _335\"> </span>during th<span class=\"_ _9\"></span>e year was <span class=\"ff2 ls80 ws10a\">62<span class=\"_ _9\"></span>9p</span> (<span class=\"_ _9\"></span>2025: 63<span class=\"_ _11\"></span>1p<span class=\"_ _11\"></span>)<span class=\"_ _11\"></span>. The e<span class=\"_ _9\"></span>stim<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>d fair value o<span class=\"_ _9\"></span>f award<span class=\"_ _9\"></span>s granted d<span class=\"_ _9\"></span>uring th<span class=\"_ _9\"></span>e year und<span class=\"_ _9\"></span>er the s<span class=\"_ _9\"></span>che<span class=\"_ _9\"></span>me was <span class=\"ff2 ls65 ws63\">\u00a3<span class=\"_ _9\"></span>3m</span> (2025: \u00a33<span class=\"_ _9\"></span>m<span class=\"_ _11\"></span>)<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>SHARE INCENTIVE<span class=\"_ _2\"></span> PLAN (<span class=\"_ _2\"></span>SIP<span class=\"_ _11\"></span>)<span class=\"_ _335\"> </span>The SIP s<span class=\"_ _9\"></span>tar<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d in the ye<span class=\"_ _9\"></span>ar end<span class=\"_ _9\"></span>ed 31 March 2024. All employe<span class=\"_ _9\"></span>es and E<span class=\"_ _9\"></span>xe<span class=\"_ _9\"></span>cuti<span class=\"_ _9\"></span>ve Dire<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tor<span class=\"_ _9\"></span>s are invite<span class=\"_ _9\"></span>d to make contr<span class=\"_ _9\"></span>ibuti<span class=\"_ _9\"></span>ons up to th<span class=\"_ _9\"></span>e annual lim<span class=\"_ _9\"></span>it<span class=\"_ _335\"> </span>set by HMRC. The c<span class=\"_ _9\"></span>ontrib<span class=\"_ _9\"></span>utio<span class=\"_ _9\"></span>ns are inves<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d into a trus<span class=\"_ _9\"></span>t a<span class=\"_ _9\"></span>ccoun<span class=\"_ _9\"></span>t mana<span class=\"_ _9\"></span>ged by Equini<span class=\"_ _9\"></span>ti wh<span class=\"_ _9\"></span>o purch<span class=\"_ _9\"></span>ase p<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>tne<span class=\"_ _9\"></span>rs<span class=\"_ _9\"></span>hip share<span class=\"_ _9\"></span>s at th<span class=\"_ _9\"></span>e market p<span class=\"_ _9\"></span>rice<span class=\"_ _335\"> </span>on be<span class=\"_ _9\"></span>half of p<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>cipan<span class=\"_ _9\"></span>ts. Lands<span class=\"_ _9\"></span>ec gran<span class=\"_ _9\"></span>ts on<span class=\"_ _9\"></span>e ma<span class=\"_ _9\"></span>tching sh<span class=\"_ _9\"></span>are for e<span class=\"_ _9\"></span>ach p<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>tn<span class=\"_ _9\"></span>ers<span class=\"_ _9\"></span>hip shar<span class=\"_ _9\"></span>e purch<span class=\"_ _9\"></span>ase<span class=\"_ _9\"></span>d. F<span class=\"_ _11\"></span>re<span class=\"_ _9\"></span>e share<span class=\"_ _9\"></span>s can al<span class=\"_ _9\"></span>so be gr<span class=\"_ _9\"></span>anted up to an<span class=\"_ _335\"> </span>annual lim<span class=\"_ _9\"></span>it. The ma<span class=\"_ _9\"></span>tching an<span class=\"_ _9\"></span>d free s<span class=\"_ _9\"></span>hare<span class=\"_ _9\"></span>s ves<span class=\"_ _9\"></span>t af<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>r three ye<span class=\"_ _9\"></span>ars an<span class=\"_ _9\"></span>d are no<span class=\"_ _9\"></span>t subje<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t to per<span class=\"_ _a\"></span>formanc<span class=\"_ _9\"></span>e con<span class=\"_ _9\"></span>ditio<span class=\"_ _9\"></span>ns. The weigh<span class=\"_ _9\"></span>ted ave<span class=\"_ _9\"></span>rage s<span class=\"_ _9\"></span>hare<span class=\"_ _335\"> </span>pric<span class=\"_ _9\"></span>e at the d<span class=\"_ _9\"></span>ate of exe<span class=\"_ _9\"></span>rcise f<span class=\"_ _9\"></span>or award<span class=\"_ _9\"></span>s exerci<span class=\"_ _9\"></span>sed du<span class=\"_ _9\"></span>ring the ye<span class=\"_ _9\"></span>ar was <span class=\"ff2 ls47 ws91\">60<span class=\"_ _9\"></span>1p</span> (2025: 6<span class=\"_ _11\"></span>15p)<span class=\"_ _1\"></span>. The e<span class=\"_ _9\"></span>sti<span class=\"_ _9\"></span>mate<span class=\"_ _9\"></span>d fair valu<span class=\"_ _9\"></span>e of award<span class=\"_ _9\"></span>s grante<span class=\"_ _9\"></span>d during th<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span>year und<span class=\"_ _9\"></span>er the s<span class=\"_ _9\"></span>che<span class=\"_ _9\"></span>me was <span class=\"ff2 ls120 ws156\">\u00a31<span class=\"_ _9\"></span>m</span> (<span class=\"_ _9\"></span>2025: \u00a3<span class=\"_ _11\"></span>1m<span class=\"_ _2\"></span>)<span class=\"_ _1\"></span>.<span class=\"_ _335\"> </span>The aggregate<span class=\"_ _2\"></span> number of aw<span class=\"_ _2\"></span>ards outstanding<span class=\"_ _11\"></span>, and the weig<span class=\"_ _2\"></span>hted aver<span class=\"_ _2\"></span>age exer<span class=\"_ _2\"></span>cise price<span class=\"_ _11\"></span>, are shown below<span class=\"_ _11\"></span>:<span class=\"_ _335\"> </span><table class=\"s w2f8 h103\" id=\"_d6d1abc9-d226-43c1-958b-a69d5446dfdf\"><tr><td></td><td></td><td class=\"c xdaf y353c w2f9 hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls74 ws1\">Exe<span class=\"_ _9\"></span>cuti<span class=\"_ _9\"></span>ve pl<span class=\"_ _9\"></span>ans</div><div class=\"t m0 xdae h48 y3375 ff2 fs39 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td></td><td></td><td></td><td class=\"t m0 xc71 h15 y353d ff2 fsd fc2 sc0 ls41 ws36\">Other plans<span class=\"_ _335\"> </span></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m0 xdb0 h15 y353e ff2 fsd fc2 sc0 ls41 ws36\">W<span class=\"_ _2\"></span>eight<span class=\"_ _2\"></span>ed aver<span class=\"_ _2\"></span>age </td></tr><tr><td></td><td></td><td class=\"c n xdb1 y353f w2fa hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls78 ws7f\">Number of awards<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xdb2 y353f w2fb hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls78 ws7f\">N<span class=\"_ _9\"></span>umber of awards<span class=\"_ _335\"> </span></div></td><td></td><td class=\"t m0 xc6f h15 y3540 ff2 fsd fc2 sc0 ls1 ws8e\">exercise pr<span class=\"_ _2\"></span>ice<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 xcc5 h15 y3541 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 xcc6 h15 y3541 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td><td class=\"t m0 x2b8 h15 y3541 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x2b9 h15 y3541 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td><td></td><td></td></tr><tr><td></td><td class=\"t m0 x9bd h15 y3542 ff2 fsd fc2 sc0 ls77 ws7d\">Number<span class=\"_ _335\"> </span></td><td class=\"t m0 x23c h15 y3542 ff3 fsd fc2 sc0 ls76 ws13e\">Number<span class=\"_ _335\"> </span></td><td class=\"t m0 x55b h15 y3542 ff2 fsd fc2 sc0 ls77 ws7d\">Number<span class=\"_ _335\"> </span></td><td class=\"t m0 xa97 h15 y3542 ff3 fsd fc2 sc0 ls76 ws13e\">Number<span class=\"_ _335\"> </span></td><td class=\"t m0 x2ba h15 y3542 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></td><td class=\"t m0 x247 h15 y3542 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 xd1d h15 y3543 ff2 fsd fc2 sc0 ls16f ws1b1\">(m<span class=\"_ _9\"></span>i<span class=\"_ _9\"></span>l<span class=\"_ _9\"></span>l<span class=\"_ _9\"></span>i<span class=\"_ _a\"></span>on<span class=\"_ _a\"></span>s)</td><td class=\"t m0 x23f h15 y3543 ff3 fsd fc2 sc0 ls76 ws7b\"> (<span class=\"_ _11\"></span>milli<span class=\"_ _9\"></span>ons)<span class=\"_ _335\"> </span></td><td class=\"t m0 x559 h15 y3543 ff2 fsd fc2 sc0 ls16f ws1b1\">(m<span class=\"_ _9\"></span>i<span class=\"_ _9\"></span>l<span class=\"_ _9\"></span>l<span class=\"_ _9\"></span>i<span class=\"_ _a\"></span>on<span class=\"_ _a\"></span>s)</td><td class=\"t m0 xa94 h15 y3543 ff3 fsd fc2 sc0 ls76 ws7b\"> (<span class=\"_ _11\"></span>milli<span class=\"_ _9\"></span>ons)<span class=\"_ _335\"> </span></td><td class=\"t m0 x873 h15 y3543 ff2 fsd fc2 sc0 ls41 ws7c\">Pence<span class=\"_ _335\"> </span></td><td class=\"t m0 x4f0 h15 y3543 ff3 fsd fc2 sc0 ls41 ws7c\">Pence<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y3544 w2af hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">At the beg<span class=\"_ _9\"></span>inning of th<span class=\"_ _9\"></span>e year<span class=\"_ _335\"> </span></div></td><td class=\"c n x625 y3544 w25 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n x626 y3544 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n x627 y3544 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x628 y3544 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n xdb3 y3544 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">691<span class=\"_ _335\"> </span></div></td><td class=\"c n xdb4 y3544 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">759<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3545 w2fc hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls37 ws50\">Granted<span class=\"_ _335\"> </span></div></td><td class=\"c n xdb5 y3545 w25 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n xdb6 y3545 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xdb7 y3545 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xdb8 y3545 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xdb9 y3545 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">539<span class=\"_ _335\"> </span></div></td><td class=\"c n xdba y3545 w22 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">521<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3546 w2fd hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws48\">Exercised<span class=\"_ _335\"> </span></div></td><td class=\"c n xdbb y3546 w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n xdbc y3546 w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xdbd y3546 w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n xae7 y3546 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xdbe y3546 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">659<span class=\"_ _335\"> </span></div></td><td class=\"c n xdbf y3546 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">522<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3547 w2fe hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls37 ws50\">Lapsed<span class=\"_ _335\"> </span></div></td><td class=\"c n x60c y3547 w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n xdc0 y3547 w87 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n xdc1 y3547 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xdc2 y3547 w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n xdc3 y3547 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">810<span class=\"_ _335\"> </span></div></td><td class=\"c n xbbb y3547 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">922<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3548 w2b2 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">At 3<span class=\"_ _11\"></span>1 Mar<span class=\"_ _9\"></span>ch<span class=\"_ _335\"> </span></div></td><td class=\"c n xdc4 y3548 w25 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td><td class=\"c n xdc5 y3548 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n xdc6 y3548 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n xdc7 y3548 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x32b y3548 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">682<span class=\"_ _335\"> </span></div></td><td class=\"c n x32c y3548 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">706<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3549 w2ff hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls8f ws42\">Exercisa<span class=\"_ _2\"></span>ble at t<span class=\"_ _11\"></span>he end of the<span class=\"_ _11\"></span> year<span class=\"_ _335\"> </span></div></td><td class=\"c n x640 y3549 w2f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xdc8 y3549 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xdc9 y3549 w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xdca y3549 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x2a4 y3549 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">747<span class=\"_ _335\"> </span></div></td><td class=\"c n x2a5 y3549 w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">794<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n xdcb y354a w300 hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls7d ws84\">Ye<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>r<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xdcc y354a w301 hbc\"><div class=\"t m0 x239 h15 y3229 ff3 fsd fc2 sc0 ls7d ws84\">Ye<span class=\"_ _9\"></span>a<span class=\"_ _a\"></span>r<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xdcd y354a w302 hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls7d ws84\">Ye<span class=\"_ _a\"></span>a<span class=\"_ _9\"></span>r<span class=\"_ _a\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xdce y354a w303 hbc\"><div class=\"t m0 x239 h15 y3229 ff3 fsd fc2 sc0 ls7d ws84\">Ye<span class=\"_ _a\"></span>a<span class=\"_ _9\"></span>r<span class=\"_ _a\"></span>s<span class=\"_ _335\"> </span></div></td><td></td><td></td></tr><tr><td class=\"c n x24f y32cd w304 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">W<span class=\"_ _2\"></span>eighted av<span class=\"_ _2\"></span>erage remai<span class=\"_ _2\"></span>ning cont<span class=\"_ _11\"></span>rac<span class=\"_ _9\"></span>tual life<span class=\"_ _335\"> </span></div></td><td class=\"c n xdcf y32cd w25 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xdd0 y32cd w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xdd1 y32cd w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n x5dc y32cd w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td></td><td></td></tr></table>1. <span class=\"_ _9\"></span>E<span class=\"_ _9\"></span>xe<span class=\"_ _9\"></span>cu<span class=\"_ _9\"></span>tiv<span class=\"_ _9\"></span>e pla<span class=\"_ _9\"></span>ns ar<span class=\"_ _9\"></span>e gra<span class=\"_ _9\"></span>nte<span class=\"_ _9\"></span>d at ni<span class=\"_ _9\"></span>l con<span class=\"_ _9\"></span>si<span class=\"_ _9\"></span>der<span class=\"_ _9\"></span>at<span class=\"_ _9\"></span>ion.<span class=\"_ _335\"> </span><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs474\">The numb<span class=\"_ _9\"></span>er of s<span class=\"_ _9\"></span>hare a<span class=\"_ _9\"></span>wards ou<span class=\"_ _9\"></span>ts<span class=\"_ _9\"></span>tan<span class=\"_ _9\"></span>ding for th<span class=\"_ _9\"></span>e Gro<span class=\"_ _9\"></span>up by range o<span class=\"_ _9\"></span>f exercis<span class=\"_ _9\"></span>e pric<span class=\"_ _9\"></span>es is s<span class=\"_ _9\"></span>hown b<span class=\"_ _9\"></span>elow:<span class=\"_ _335\"> </span></div><div class=\"gs1c9\"><table class=\"s w305 h104\" id=\"_3e68cad1-fe12-44e6-92ad-38071d592083\"><tr><td></td><td></td><td></td><td></td><td class=\"c n xdd2 y354b w306 hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls74 ws1\">Out<span class=\"_ _9\"></span>st<span class=\"_ _9\"></span>and<span class=\"_ _9\"></span>ing a<span class=\"_ _9\"></span>t 31 Marc<span class=\"_ _9\"></span>h 2026<span class=\"_ _335\"> </span></div></td><td></td><td></td><td class=\"c n xdd3 y354b w307 hb8\"><div class=\"t m0 x239 h15 y320f ff3 fsd fc2 sc0 ls74 ws1\">O<span class=\"_ _9\"></span>ut<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>tan<span class=\"_ _9\"></span>din<span class=\"_ _9\"></span>g at 31 Mar<span class=\"_ _9\"></span>ch 2025<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td></td><td></td><td></td><td class=\"t m0 xdd4 h15 y354c ff2 fsd fc2 sc0 ls1 ws1\">Weigh<span class=\"_ _2\"></span>ted </td><td></td><td></td><td class=\"t m0 xdd5 h15 y354d ff3 fsd fc2 sc0 ls1 ws1\">Weighted </td></tr><tr><td></td><td></td><td class=\"t m0 xdd6 h15 y354e ff2 fsd fc2 sc0 ls1 ws1\">Weigh<span class=\"_ _2\"></span>ted </td><td></td><td class=\"t m0 xdd7 h15 y354f ff2 fsd fc2 sc0 ls41 ws7c\">average </td><td class=\"t m0 xdd8 h15 y354f ff3 fsd fc2 sc0 ls1 ws1\">Weighted </td><td></td><td class=\"t m0 xdd9 h15 y3550 ff3 fsd fc2 sc0 ls41 ws7c\">average </td></tr><tr><td></td><td></td><td class=\"t m0 xdda h15 y3551 ff2 fsd fc2 sc0 ls41 ws7c\">average </td><td></td><td class=\"t m0 xb93 h15 y3552 ff2 fsd fc2 sc0 ls76 ws13e\">remaining </td><td class=\"t m0 xddb h15 y3552 ff3 fsd fc2 sc0 ls41 ws7c\">average </td><td></td><td class=\"t m0 xb01 h15 y3553 ff3 fsd fc2 sc0 ls76 ws13e\">remaining </td></tr><tr><td></td><td></td><td class=\"t m0 xddc h15 y3554 ff2 fsd fc2 sc0 ls1 ws1\">exercise </td><td class=\"t m0 xddd h15 y3554 ff2 fsd fc2 sc0 ls1 ws8e\">Number of </td><td class=\"t m0 xdde h15 y3555 ff2 fsd fc2 sc0 ls8c ws94\">contract<span class=\"_ _2\"></span>ual </td><td class=\"t m0 xddb h15 y3555 ff3 fsd fc2 sc0 ls41 ws7c\">exercise </td><td class=\"t m0 xb00 h15 y3555 ff3 fsd fc2 sc0 lsa6 ws99\">Number of </td><td class=\"t m0 xddf h15 y3556 ff3 fsd fc2 sc0 ls41 ws7c\">contractual </td></tr><tr><td class=\"t m0 x6ce h15 y3557 ff2 fsd fc2 sc0 ls74 ws1\">Exe<span class=\"_ _9\"></span>rci<span class=\"_ _9\"></span>se p<span class=\"_ _9\"></span>rice \u2013 r<span class=\"_ _9\"></span>an<span class=\"_ _9\"></span>ge<span class=\"_ _335\"> </span></td><td></td><td class=\"t m0 xde0 h15 y3557 ff2 fsd fc2 sc0 ls13a ws3c\">price<span class=\"_ _335\"> </span></td><td class=\"t m0 xde1 h15 y3557 ff2 fsd fc2 sc0 ls78 ws7e\">awards<span class=\"_ _335\"> </span></td><td class=\"t m0 xde2 h15 y3558 ff2 fsd fc2 sc0 ls139 ws55\">life<span class=\"_ _335\"> </span></td><td class=\"t m0 xb81 h15 y3558 ff3 fsd fc2 sc0 ls1 ws1\">price<span class=\"_ _335\"> </span></td><td class=\"t m0 xaf5 h15 y3558 ff3 fsd fc2 sc0 ls75 ws7a\">awards<span class=\"_ _335\"> </span></td><td class=\"t m0 x446 h15 y3559 ff3 fsd fc2 sc0 ls76 ws13e\">life<span class=\"_ _335\"> </span></td></tr><tr><td></td><td></td><td></td><td class=\"t m0 xb92 h15 y355a ff2 fsd fc2 sc0 ls77 ws7d\">Number<span class=\"_ _335\"> </span></td><td></td><td></td><td class=\"t m0 xde3 h15 y355a ff3 fsd fc2 sc0 ls76 ws13e\">Number<span class=\"_ _335\"> </span></td><td></td></tr><tr><td class=\"c n x24f y355b w308 hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls41 ws7c\">Pence<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xde4 y355b w308 hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls41 ws7c\">Pence</div></td><td class=\"c n xde5 y355b w309 hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls16f ws155\">(m<span class=\"_ _9\"></span>i<span class=\"_ _9\"></span>l<span class=\"_ _9\"></span>l<span class=\"_ _9\"></span>i<span class=\"_ _a\"></span>on<span class=\"_ _a\"></span>s)<span class=\"_ _335\"> </span></div></td><td class=\"c n xde6 y355b w302 hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls7d ws84\">Ye<span class=\"_ _a\"></span>a<span class=\"_ _9\"></span>r<span class=\"_ _a\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xde7 y355b w308 hb8\"><div class=\"t m0 x239 h15 y320f ff3 fsd fc2 sc0 ls41 ws7c\">Pence</div></td><td class=\"c n xde8 y355b w30a hb8\"><div class=\"t m0 x239 h15 y320f ff3 fsd fc2 sc0 ls76 ws7b\">(<span class=\"_ _11\"></span>milli<span class=\"_ _9\"></span>ons)<span class=\"_ _335\"> </span></div></td><td class=\"c n xde9 y355b w303 hb8\"><div class=\"t m0 x239 h15 y320f ff3 fsd fc2 sc0 ls7d ws84\">Ye<span class=\"_ _a\"></span>a<span class=\"_ _9\"></span>r<span class=\"_ _a\"></span>s<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c x447 y32c8 w30b hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws77\">Nil</div><div class=\"t m0 xdea h16 y32a9 ff3 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xdeb y32c8 w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xdec y32c8 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">6<span class=\"_ _335\"> </span></div></td><td class=\"c n xded y32c8 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xdee y32c8 w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xdef y32c8 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n xdf0 y32c8 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x447 y32c9 w30c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">400 \u2013 599<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xdf1 y32c9 w20 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">530<span class=\"_ _335\"> </span></div></td><td class=\"c n xdf2 y32c9 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xdf3 y32c9 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xdf4 y32c9 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">544<span class=\"_ _335\"> </span></div></td><td class=\"c n xdf5 y32c9 w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xdf6 y32c9 w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x447 y32ca w30d hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">600 \u2013 7<span class=\"_ _11\"></span>99<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xdf7 y32ca w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">652<span class=\"_ _335\"> </span></div></td><td class=\"c n xdf8 y32ca w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xdf9 y32ca w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xdfa y32ca w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">670<span class=\"_ _335\"> </span></div></td><td class=\"c n xdfb y32ca w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xdfc y32ca w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x447 y32cb w30e hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls3c ws143\">800 \u2013 999<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xdfd y32cb w20 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">949<span class=\"_ _335\"> </span></div></td><td class=\"c n xdfe y32cb w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xdff y32cb w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xe00 y32cb w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">948<span class=\"_ _335\"> </span></div></td><td class=\"c n xe01 y32cb w5c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xe02 y32cb w4a hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x447 y32cc w30f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls135 ws91\">1,000<span class=\"_ _9\"></span> \u2013</div></td><td class=\"c n xe03 y32cc w310 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls135 ws91\">1,1<span class=\"_ _2\"></span>99<span class=\"_ _335\"> </span></div></td><td class=\"c n xe04 y32cc w19a hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,017<span class=\"_ _335\"> </span></div></td><td class=\"c n xe05 y32cc w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xe06 y32cc w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xe07 y32cc w5e hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,017<span class=\"_ _335\"> </span></div></td><td class=\"c n xe08 y32cc w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xe09 y32cc w1f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x447 y32cd w311 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls135 ws91\">1,200 \u2013</div></td><td class=\"c n xe03 y32cd w312 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls135 ws91\">1,399<span class=\"_ _335\"> </span></div></td><td class=\"c n xe0a y32cd w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xe0b y32cd w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xe0c y32cd w47 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xe0d y32cd w59 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,328<span class=\"_ _335\"> </span></div></td><td class=\"c n xe0e y32cd w5c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xe0f y32cd w31 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls5 ws1 gs475\">1. <span class=\"_ _9\"></span>E<span class=\"_ _9\"></span>xe<span class=\"_ _9\"></span>cu<span class=\"_ _9\"></span>tiv<span class=\"_ _9\"></span>e pla<span class=\"_ _9\"></span>ns ar<span class=\"_ _9\"></span>e gra<span class=\"_ _9\"></span>nte<span class=\"_ _9\"></span>d at ni<span class=\"_ _9\"></span>l con<span class=\"_ _9\"></span>si<span class=\"_ _9\"></span>der<span class=\"_ _9\"></span>at<span class=\"_ _9\"></span>ion.<span class=\"_ _335\"> </span></div><div class=\"t m0 h12 ff1 fsa fc2 sc0 ls3b ws38 gs476\">F<span class=\"_ _11\"></span>AIR V<span class=\"_ _11\"></span>ALUE INP<span class=\"_ _2\"></span>UTS F<span class=\"_ _11\"></span>OR A<span class=\"_ _2\"></span>W<span class=\"_ _11\"></span>AR<span class=\"_ _9\"></span>DS WI<span class=\"_ _11\"></span>TH NON-MARKET PERFORMANCE CONDI<span class=\"_ _11\"></span>TIONS<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs477\">Fa<span class=\"_ _2\"></span>ir va<span class=\"_ _11\"></span>lues are calculated us<span class=\"_ _2\"></span>ing the<span class=\"_ _2\"></span> Black<span class=\"_ _11\"></span>-Scholes option<span class=\"_ _2\"></span> pricing model f<span class=\"_ _2\"></span>or awards<span class=\"_ _11\"></span> w<span class=\"_ _9\"></span>ith non-<span class=\"_ _11\"></span>market performance conditions<span class=\"_ _11\"></span>. The weighted </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs478\">avera<span class=\"_ _9\"></span>ge inpu<span class=\"_ _9\"></span>ts i<span class=\"_ _9\"></span>nto this mo<span class=\"_ _9\"></span>del f<span class=\"_ _9\"></span>or the gran<span class=\"_ _9\"></span>ts un<span class=\"_ _9\"></span>der e<span class=\"_ _9\"></span>ach p<span class=\"_ _9\"></span>lan in the fin<span class=\"_ _9\"></span>ancial ye<span class=\"_ _9\"></span>ar are as f<span class=\"_ _9\"></span>ollow<span class=\"_ _9\"></span>s:<span class=\"_ _335\"> </span></div><div class=\"gs479\"><table class=\"s w313 h105\" id=\"_a897dfd2-1db3-468b-9593-a8cc300b6dc3\"><tr><td></td><td></td><td class=\"c n xe10 y355c w314 hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls41 ws36\">Long-<span class=\"_ _11\"></span>T<span class=\"_ _11\"></span>erm Incen<span class=\"_ _2\"></span>tiv<span class=\"_ _2\"></span>e Plan<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xe11 y355c w315 hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls74 ws1\">Defe<span class=\"_ _9\"></span>rre<span class=\"_ _9\"></span>d Sh<span class=\"_ _9\"></span>are B<span class=\"_ _9\"></span>on<span class=\"_ _9\"></span>us Pl<span class=\"_ _9\"></span>an<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xe12 y355c w316 hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls74 ws1\">Rest<span class=\"_ _9\"></span>ric<span class=\"_ _9\"></span>ted S<span class=\"_ _9\"></span>ha<span class=\"_ _9\"></span>re Pl<span class=\"_ _9\"></span>an<span class=\"_ _335\"> </span></div></td><td class=\"c n xe13 y355c w317 hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls78 ws7f\">Sharesave Plan<span class=\"_ _335\"> </span></div></td><td></td></tr><tr><td class=\"c n x24f y355d w318 hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls41 ws36\">Y<span class=\"_ _11\"></span>ear ended 3<span class=\"_ _11\"></span>1 March<span class=\"_ _335\"> </span></div></td><td class=\"c n xe14 y355d w1c hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></div></td><td class=\"c n xe15 y355d w319 hbc\"><div class=\"t m0 x239 h15 y3229 ff3 fsd fc2 sc0 ls40 wsbe\">2<span class=\"_ _9\"></span>025<span class=\"_ _335\"> </span></div></td><td class=\"c n xe16 y355d w1c hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></div></td><td class=\"c n xe17 y355d w31a hbc\"><div class=\"t m0 x239 h15 y3229 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></div></td><td class=\"c n xe18 y355d w1c hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></div></td><td class=\"c n xe19 y355d w1d hbc\"><div class=\"t m0 x239 h15 y3229 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></div></td><td class=\"c n xe1a y355d w1c hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></div></td><td class=\"c n xe1b y355d w44 hbc\"><div class=\"t m0 x239 h15 y3229 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y355e w31b hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Share p<span class=\"_ _9\"></span>rice a<span class=\"_ _9\"></span>t grant da<span class=\"_ _9\"></span>te<span class=\"_ _335\"> </span></div></td><td class=\"c n xe1c y355e wf6 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">626p<span class=\"_ _335\"> </span></div></td><td class=\"c n xe1d y355e wf8 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">625p<span class=\"_ _335\"> </span></div></td><td class=\"c n xe1e y355e wf6 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">632p<span class=\"_ _335\"> </span></div></td><td class=\"c n xe1f y355e w31c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">637p<span class=\"_ _335\"> </span></div></td><td class=\"c n xe20 y355e wf6 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">629p<span class=\"_ _335\"> </span></div></td><td class=\"c n xe21 y355e wf8 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">630p<span class=\"_ _335\"> </span></div></td><td class=\"c n xe22 y355e wf6 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">574p<span class=\"_ _335\"> </span></div></td><td class=\"c n xe23 y355e wf8 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">628p<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y355f w31d hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Exercise price<span class=\"_ _335\"> </span></div></td><td class=\"c n xe24 y355f w31e hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls92 ws9d\">n<span class=\"_ _9\"></span>/a<span class=\"_ _335\"> </span></div></td><td class=\"c n xe25 y355f wfa hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls91 ws9c\">n<span class=\"_ _32\"></span>/a<span class=\"_ _335\"> </span></div></td><td class=\"c n xe26 y355f wf7 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls92 ws9d\">n<span class=\"_ _a\"></span>/a<span class=\"_ _335\"> </span></div></td><td class=\"c n xe27 y355f wf9 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls91 ws9c\">n<span class=\"_ _a\"></span>/a<span class=\"_ _335\"> </span></div></td><td class=\"c n xe28 y355f wf7 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls92 ws9d\">n<span class=\"_ _a\"></span>/a<span class=\"_ _335\"> </span></div></td><td class=\"c n xe29 y355f wfa hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls91 ws9c\">n<span class=\"_ _32\"></span>/a<span class=\"_ _335\"> </span></div></td><td class=\"c n xe2a y355f wf6 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">504p<span class=\"_ _335\"> </span></div></td><td class=\"c n xe2b y355f wf8 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">530p<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3560 w31f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws61\">Expected vol<span class=\"_ _2\"></span>atil<span class=\"_ _11\"></span>it<span class=\"_ _9\"></span>y<span class=\"_ _335\"> </span></div></td><td class=\"c n xe2c y3560 w320 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">23% to<span class=\"_ _335\"> </span></div></td><td class=\"c n xe2d y3560 w321 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">27%<span class=\"_ _335\"> </span></div></td><td class=\"c n xe2e y3560 w322 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">27%<span class=\"_ _335\"> </span></div></td><td class=\"c n xe2f y3560 w323 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">29%<span class=\"_ _335\"> </span></div></td><td class=\"c n xe30 y3560 w322 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">27%<span class=\"_ _335\"> </span></div></td><td class=\"c n xe31 y3560 w324 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">27%<span class=\"_ _335\"> </span></div></td><td class=\"c n xe32 y3560 w322 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">27%<span class=\"_ _335\"> </span></div></td><td class=\"c n xe33 y3560 w321 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">29%<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"t m0 xe34 h9 y3561 ff2 fs6 fc2 sc0 ls22 ws21\">27%<span class=\"_ _335\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x24f y3562 w325 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws61\">Expected lif<span class=\"_ _2\"></span>e<span class=\"_ _335\"> </span></div></td><td class=\"c n xe35 y3562 w326 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls4a ws21\">3 to<span class=\"_ _335\"> </span></div></td><td class=\"c n xe36 y3562 w327 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws42\">3 years<span class=\"_ _335\"> </span></div></td><td class=\"c n xe37 y3562 w326 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls4a ws21\">1 to<span class=\"_ _335\"> </span></div></td><td class=\"c n xe38 y3562 w328 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws42\">1 year<span class=\"_ _335\"> </span></div></td><td class=\"c n xe39 y3562 w329 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls26 ws61\">3 years<span class=\"_ _335\"> </span></div></td><td class=\"c n xe3a y3562 w327 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws42\">3 years<span class=\"_ _335\"> </span></div></td><td class=\"c n xe3b y3562 w32a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls4a ws21\">3 to<span class=\"_ _335\"> </span></div></td><td class=\"t m0 x247 h9 y3563 ff3 fs6 fc2 sc0 ls4a ws98\">3 to<span class=\"_ _9\"></span> </td></tr><tr><td></td><td class=\"t m0 xe3c h9 y3564 ff2 fs6 fc2 sc0 ls26 ws61\">5 years<span class=\"_ _335\"> </span></td><td></td><td class=\"t m0 xe3d h9 y3564 ff2 fs6 fc2 sc0 ls26 ws61\" colspan=\"2\">2 years<span class=\"_ _335\"> </span></td><td></td><td></td><td class=\"t m0 x339 h9 y3564 ff2 fs6 fc2 sc0 ls26 ws61\">5 years<span class=\"_ _335\"> </span></td><td class=\"t m0 xe3e h9 y3564 ff3 fs6 fc2 sc0 ls22 ws42\">5 years<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y3565 w32b hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls37 ws34\">Risk<span class=\"_ _11\"></span>-fre<span class=\"_ _9\"></span>e rate<span class=\"_ _335\"> </span></div></td><td class=\"c n xe3f y3565 w32c hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">3.76% to<span class=\"_ _335\"> </span></div></td><td class=\"c n x993 y3565 wb2 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">4.23%</div></td><td class=\"c n xe40 y3565 w32c hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">3.72% to<span class=\"_ _335\"> </span></div></td><td class=\"c n xe41 y3565 wb2 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">4.63%<span class=\"_ _335\"> </span></div></td><td class=\"c n xe42 y3565 wb1 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">3.56%<span class=\"_ _335\"> </span></div></td><td class=\"c n xe43 y3565 wb2 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">4.00%<span class=\"_ _335\"> </span></div></td><td class=\"c n xe44 y3565 w32c hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">3.79% to</div></td><td class=\"t m0 xe45 h9 y3566 ff3 fs6 fc2 sc0 ls22 ws42\">4.09% to </td></tr><tr><td></td><td class=\"t m0 xe46 h9 y3567 ff2 fs6 fc2 sc0 ls22 ws21\">3.95%<span class=\"_ _335\"> </span></td><td></td><td class=\"t m0 x343 h9 y3567 ff2 fs6 fc2 sc0 ls22 ws21\" colspan=\"2\">3.82%<span class=\"_ _335\"> </span></td><td></td><td></td><td class=\"t m0 xe47 h9 y3567 ff2 fs6 fc2 sc0 ls22 ws21\">3.94%<span class=\"_ _335\"> </span></td><td class=\"t m0 x421 h9 y3567 ff3 fs6 fc2 sc0 ls22 ws21\">4.17%<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32cd w32d hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Expe<span class=\"_ _9\"></span>cted dividend yield<span class=\"_ _335\"> </span></div></td><td class=\"c n xe48 y32cd w32e hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">Nil<span class=\"_ _335\"> </span></div></td><td class=\"c n xe49 y32cd w32f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Nil<span class=\"_ _335\"> </span></div></td><td class=\"c n xe4a y32cd w330 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">Nil<span class=\"_ _335\"> </span></div></td><td class=\"c n xe4b y32cd w32f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">Nil<span class=\"_ _335\"> </span></div></td><td class=\"c n xe4c y32cd w331 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">Nil<span class=\"_ _335\"> </span></div></td><td class=\"c n xe4d y32cd wb2 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">6.32%<span class=\"_ _335\"> </span></div></td><td class=\"c n xe4e y32cd wb1 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">7.04%<span class=\"_ _335\"> </span></div></td><td class=\"c n xe4f y32cd wb2 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">6.34%<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs47a\">Ex<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ted vo<span class=\"_ _9\"></span>latil<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>y is de<span class=\"_ _9\"></span>term<span class=\"_ _9\"></span>ine<span class=\"_ _9\"></span>d by calcul<span class=\"_ _9\"></span>ating th<span class=\"_ _9\"></span>e his<span class=\"_ _9\"></span>toric<span class=\"_ _9\"></span>al vola<span class=\"_ _9\"></span>tilit<span class=\"_ _9\"></span>y o<span class=\"_ _9\"></span>f the Gro<span class=\"_ _9\"></span>up\u2019<span class=\"_ _11\"></span>s sh<span class=\"_ _9\"></span>are pri<span class=\"_ _9\"></span>ce over the p<span class=\"_ _9\"></span>revi<span class=\"_ _9\"></span>ous ten ye<span class=\"_ _9\"></span>ars. The ex<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ted<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs47b\">life used i<span class=\"_ _2\"></span>n the model has<span class=\"_ _11\"></span> b<span class=\"_ _9\"></span>een determined based upon ma<span class=\"_ _2\"></span>nagement\u2019<span class=\"_ _11\"></span>s bes<span class=\"_ _9\"></span>t estimate for the<span class=\"_ _2\"></span> effects of non-tra<span class=\"_ _2\"></span>nsferability<span class=\"_ _11\"></span>, vesting/<span class=\"_ _1\"></span>exercise </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs47c\">res<span class=\"_ _9\"></span>tric<span class=\"_ _a\"></span>tions and b<span class=\"_ _9\"></span>eha<span class=\"_ _9\"></span>vio<span class=\"_ _9\"></span>ural co<span class=\"_ _9\"></span>nside<span class=\"_ _9\"></span>rati<span class=\"_ _9\"></span>ons. The ris<span class=\"_ _9\"></span>k<span class=\"_ _11\"></span>-fre<span class=\"_ _9\"></span>e rate is th<span class=\"_ _9\"></span>e yie<span class=\"_ _9\"></span>ld at th<span class=\"_ _9\"></span>e date o<span class=\"_ _9\"></span>f the grant o<span class=\"_ _9\"></span>f an award o<span class=\"_ _9\"></span>n a gilt-e<span class=\"_ _9\"></span>dge<span class=\"_ _9\"></span>d s<span class=\"_ _9\"></span>tock w<span class=\"_ _9\"></span>ith<span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs47d\">a red<span class=\"_ _9\"></span>emp<span class=\"_ _9\"></span>tion da<span class=\"_ _9\"></span>te equ<span class=\"_ _9\"></span>al to the anti<span class=\"_ _9\"></span>cipa<span class=\"_ _9\"></span>ted ve<span class=\"_ _9\"></span>sti<span class=\"_ _9\"></span>ng of tha<span class=\"_ _9\"></span>t award.<span class=\"_ _335\"> </span></div><div class=\"t m0 h12 ff1 fsa fc2 sc0 ls3b ws38 gs47e\">F<span class=\"_ _11\"></span>AIR V<span class=\"_ _11\"></span>ALUE INP<span class=\"_ _2\"></span>UTS F<span class=\"_ _11\"></span>OR A<span class=\"_ _2\"></span>W<span class=\"_ _11\"></span>AR<span class=\"_ _9\"></span>DS WI<span class=\"_ _11\"></span>TH MARKET PERFORMANCE CONDIT<span class=\"_ _2\"></span>IONS<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs47f\">Fa<span class=\"_ _2\"></span>ir va<span class=\"_ _11\"></span>lues are calculated us<span class=\"_ _2\"></span>ing the<span class=\"_ _2\"></span> Monte Car<span class=\"_ _2\"></span>lo simu<span class=\"_ _2\"></span>lation option<span class=\"_ _2\"></span> pricing model for<span class=\"_ _11\"></span> a<span class=\"_ _9\"></span>wards wit<span class=\"_ _2\"></span>h mark<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>t performance conditions<span class=\"_ _11\"></span>. Awards<span class=\"_ _11\"></span> m<span class=\"_ _9\"></span>ade </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs480\">unde<span class=\"_ _9\"></span>r the Om<span class=\"_ _9\"></span>nibus S<span class=\"_ _9\"></span>hare Plan in<span class=\"_ _9\"></span>clud<span class=\"_ _9\"></span>e a TSR co<span class=\"_ _9\"></span>nditi<span class=\"_ _9\"></span>on, whic<span class=\"_ _9\"></span>h is a market-ba<span class=\"_ _9\"></span>sed c<span class=\"_ _9\"></span>ondi<span class=\"_ _9\"></span>tion. The wei<span class=\"_ _9\"></span>ghted a<span class=\"_ _9\"></span>verag<span class=\"_ _9\"></span>e inpu<span class=\"_ _9\"></span>ts into thi<span class=\"_ _9\"></span>s mo<span class=\"_ _9\"></span>del fo<span class=\"_ _9\"></span>r the </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs481\">sche<span class=\"_ _9\"></span>me are a<span class=\"_ _9\"></span>s follow<span class=\"_ _9\"></span>s:<span class=\"_ _335\"> </span></div><div class=\"gs482\"><table class=\"s w332 h106\" id=\"_64044d98-05d9-4bbb-b919-47bbab63a2f1\"><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m0 x9a8 h15 y3568 ff2 fsd fc2 sc0 ls114 ws140\">Expected v<span class=\"_ _11\"></span>olatili<span class=\"_ _11\"></span>t<span class=\"_ _9\"></span>y </td><td></td><td></td></tr><tr><td></td><td></td><td class=\"t m0 xe50 h15 y3569 ff2 fsd fc2 sc0 ls74 ws1\">Sha<span class=\"_ _9\"></span>re p<span class=\"_ _9\"></span>rice a<span class=\"_ _9\"></span>t </td><td></td><td></td><td></td><td class=\"t m0 x9be h15 y3569 ff2 fsd fc2 sc0 ls114 ws140\">Expected v<span class=\"_ _11\"></span>olatili<span class=\"_ _11\"></span>t<span class=\"_ _9\"></span>y <span class=\"ls1 ws1\"> </span></td><td></td><td class=\"t m0 xd6c h15 y3569 ff2 fsd fc2 sc0 ls74 ws1\">\u2013 ind<span class=\"_ _9\"></span>ex of c<span class=\"_ _9\"></span>omp<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>ator<span class=\"_ _9\"></span> </td><td></td><td class=\"t m0 xe45 h15 y3569 ff2 fsd fc2 sc0 ls8c ws94\">Correlat<span class=\"_ _2\"></span>ion<span class=\"ls1 ws1\"> </span></td></tr><tr><td></td><td></td><td class=\"c n xe51 y356a w333 hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls78 ws7f\">date of grant<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xe52 y356a w334 hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls1 ws8e\">Exercise price<span class=\"_ _335\"> </span></div></td><td></td><td class=\"t m0 xe53 h15 y356b ff2 fsd fc2 sc0 ls74 ws1\">\u2013 Gro<span class=\"_ _9\"></span>up<span class=\"_ _335\"> </span></td><td></td><td class=\"t m0 xad5 h15 y356b ff2 fsd fc2 sc0 ls78 ws7e\">companies</td><td></td><td class=\"t m0 xe54 h15 y356b ff2 fsd fc2 sc0 ls74 ws1\"> \u2013 Gro<span class=\"_ _9\"></span>up vs i<span class=\"_ _9\"></span>nd<span class=\"_ _9\"></span>ex<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y356c w318 hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls41 ws36\">Y<span class=\"_ _11\"></span>ear ended 3<span class=\"_ _11\"></span>1 March<span class=\"_ _335\"> </span></div></td><td class=\"c n xe55 y356c w1c hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></div></td><td class=\"c n xe56 y356c w319 hbc\"><div class=\"t m0 x239 h15 y3229 ff3 fsd fc2 sc0 ls40 wsbe\">2<span class=\"_ _9\"></span>025<span class=\"_ _335\"> </span></div></td><td class=\"c n xe57 y356c w1c hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></div></td><td class=\"c n xe58 y356c w319 hbc\"><div class=\"t m0 x239 h15 y3229 ff3 fsd fc2 sc0 ls40 wsbe\">20<span class=\"_ _9\"></span>25<span class=\"_ _335\"> </span></div></td><td class=\"c n xe59 y356c w1c hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></div></td><td class=\"c n xe5a y356c w335 hbc\"><div class=\"t m0 x239 h15 y3229 ff3 fsd fc2 sc0 ls40 wsbe\">20<span class=\"_ _9\"></span>25<span class=\"_ _335\"> </span></div></td><td class=\"c n xe5b y356c w1c hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></div></td><td class=\"c n xe5c y356c w335 hbc\"><div class=\"t m0 x239 h15 y3229 ff3 fsd fc2 sc0 ls40 wsbe\">20<span class=\"_ _9\"></span>25<span class=\"_ _335\"> </span></div></td><td class=\"c n xe5d y356c w1c hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></div></td><td class=\"c n xe5e y356c w335 hbc\"><div class=\"t m0 x239 h15 y3229 ff3 fsd fc2 sc0 ls40 wsbe\">20<span class=\"_ _9\"></span>25<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w2f3 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Long-<span class=\"_ _1\"></span>T<span class=\"_ _11\"></span>erm Incentive P<span class=\"_ _11\"></span>lan<span class=\"_ _335\"> </span></div></td><td class=\"c n xe5f y32cd wf6 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">622p<span class=\"_ _335\"> </span></div></td><td class=\"c n xe60 y32cd w31c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">625p<span class=\"_ _335\"> </span></div></td><td class=\"c n xe61 y32cd wf7 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls92 ws9d\">n<span class=\"_ _a\"></span>/a<span class=\"_ _335\"> </span></div></td><td class=\"c n xe62 y32cd w336 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls91 ws9c\">n<span class=\"_ _a\"></span>/a<span class=\"_ _335\"> </span></div></td><td class=\"c n xe63 y32cd w337 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">26%<span class=\"_ _335\"> </span></div></td><td class=\"c n xe64 y32cd w321 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">29%<span class=\"_ _335\"> </span></div></td><td class=\"c n xe65 y32cd w322 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">25%<span class=\"_ _335\"> </span></div></td><td class=\"c n xe66 y32cd w321 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">27%<span class=\"_ _335\"> </span></div></td><td class=\"c n xe67 y32cd w322 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">68%<span class=\"_ _335\"> </span></div></td><td class=\"c n xe68 y32cd w321 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">66%</div></td></tr></table></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfSharebasedPaymentArrangementsExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-463": {
   "value": "A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>The co<span class=\"_ _9\"></span>st o<span class=\"_ _9\"></span>f granting s<span class=\"_ _9\"></span>hare<span class=\"_ _9\"></span>s, optio<span class=\"_ _9\"></span>ns over s<span class=\"_ _9\"></span>hares a<span class=\"_ _9\"></span>nd oth<span class=\"_ _9\"></span>er sh<span class=\"_ _9\"></span>are-ba<span class=\"_ _9\"></span>sed r<span class=\"_ _9\"></span>emune<span class=\"_ _9\"></span>ratio<span class=\"_ _9\"></span>n to emp<span class=\"_ _9\"></span>loyee<span class=\"_ _9\"></span>s and E<span class=\"_ _9\"></span>xecu<span class=\"_ _9\"></span>tive D<span class=\"_ _9\"></span>irec<span class=\"_ _9\"></span>to<span class=\"_ _9\"></span>rs is r<span class=\"_ _9\"></span>eco<span class=\"_ _9\"></span>gnis<span class=\"_ _9\"></span>ed thro<span class=\"_ _9\"></span>ugh<span class=\"_ _335\"> </span>the inc<span class=\"_ _9\"></span>ome s<span class=\"_ _9\"></span>tate<span class=\"_ _9\"></span>men<span class=\"_ _9\"></span>t. All awards are e<span class=\"_ _9\"></span>qui<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y set<span class=\"_ _9\"></span>tl<span class=\"_ _9\"></span>ed an<span class=\"_ _9\"></span>d there<span class=\"_ _9\"></span>fore th<span class=\"_ _9\"></span>e fair valu<span class=\"_ _9\"></span>e is me<span class=\"_ _9\"></span>asure<span class=\"_ _9\"></span>d at the g<span class=\"_ _9\"></span>rant da<span class=\"_ _9\"></span>te. Where the a<span class=\"_ _9\"></span>wards h<span class=\"_ _9\"></span>ave no<span class=\"_ _9\"></span>n-<span class=\"_ _335\"> </span>mark<span class=\"_ _2\"></span>et related performance criteria<span class=\"_ _11\"></span>, the Group uses t<span class=\"_ _11\"></span>he Black<span class=\"_ _11\"></span>-Scholes option va<span class=\"_ _2\"></span>luation model t<span class=\"_ _2\"></span>o establish t<span class=\"_ _2\"></span>he releva<span class=\"_ _11\"></span>nt fair val<span class=\"_ _2\"></span>ues.<span class=\"_ _2\"></span> Where the<span class=\"_ _335\"> </span>awards hav<span class=\"_ _2\"></span>e T<span class=\"_ _11\"></span>otal Sha<span class=\"_ _11\"></span>reholder Return (TSR<span class=\"_ _11\"></span>) market relat<span class=\"_ _2\"></span>ed performance criteria<span class=\"_ _2\"></span>, the Grou<span class=\"_ _2\"></span>p has used t<span class=\"_ _11\"></span>h<span class=\"_ _9\"></span>e Monte<span class=\"_ _2\"></span> Carlo sim<span class=\"_ _2\"></span>ulation v<span class=\"_ _2\"></span>aluation<span class=\"_ _335\"> </span>mod<span class=\"_ _9\"></span>el<span class=\"_ gsd2\"> </span>to es<span class=\"_ _9\"></span>tab<span class=\"_ _9\"></span>lish the r<span class=\"_ _9\"></span>elevant f<span class=\"_ _9\"></span>air value<span class=\"_ _9\"></span>s. The resul<span class=\"_ _9\"></span>ting valu<span class=\"_ _9\"></span>es are am<span class=\"_ _9\"></span>or<span class=\"_ _9\"></span>ti<span class=\"_ _9\"></span>sed th<span class=\"_ _9\"></span>rough th<span class=\"_ _9\"></span>e inco<span class=\"_ _9\"></span>me s<span class=\"_ _9\"></span>tate<span class=\"_ _9\"></span>ment ove<span class=\"_ _9\"></span>r the ves<span class=\"_ _9\"></span>tin<span class=\"_ _9\"></span>g per<span class=\"_ _9\"></span>iod o<span class=\"_ _9\"></span>f the awar<span class=\"_ _9\"></span>ds.<span class=\"_ _335\"> </span>For awards w<span class=\"_ _9\"></span>ith no<span class=\"_ _9\"></span>n-market rel<span class=\"_ _9\"></span>ate<span class=\"_ _9\"></span>d crite<span class=\"_ _9\"></span>ria, the ch<span class=\"_ _9\"></span>arge is r<span class=\"_ _9\"></span>evers<span class=\"_ _9\"></span>ed if i<span class=\"_ _9\"></span>t app<span class=\"_ _9\"></span>ear<span class=\"_ _9\"></span>s prob<span class=\"_ _9\"></span>abl<span class=\"_ _9\"></span>e that th<span class=\"_ _9\"></span>e pe<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>form<span class=\"_ _9\"></span>ance o<span class=\"_ _9\"></span>r ser<span class=\"_ _9\"></span>v<span class=\"_ _9\"></span>ice c<span class=\"_ _9\"></span>riter<span class=\"_ _9\"></span>ia will n<span class=\"_ _9\"></span>ot b<span class=\"_ _9\"></span>e me<span class=\"_ _9\"></span>t.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-420": {
   "value": "<div class=\"t m0 ha2 ff1 fs7 fc0 sc0 ls72 ws78 gs484\">36<span class=\"_ _b2\"> </span><span class=\"fc4 lsd2 wsf3\">ORDINAR<span class=\"_ _2\"></span>Y SHARE CAPIT<span class=\"_ _1\"></span>AL<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h4a ff1 fs1 fc0 sc0 ls1 ws1 gs485\">A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs486\">Ordin<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>y sha<span class=\"_ _9\"></span>res are c<span class=\"_ _9\"></span>las<span class=\"_ _9\"></span>sified a<span class=\"_ _9\"></span>s equi<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>. Ex<span class=\"_ _a\"></span>ternal cos<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s dire<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tly a<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>tribu<span class=\"_ _9\"></span>table to th<span class=\"_ _9\"></span>e issu<span class=\"_ _9\"></span>e of new sh<span class=\"_ _9\"></span>ares a<span class=\"_ _9\"></span>re show<span class=\"_ _9\"></span>n in equi<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y as a de<span class=\"_ _9\"></span>duc<span class=\"_ _a\"></span>tion from<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls1 ws1 gs487\">the<span class=\"_ _2\"></span><span class=\"_ gsd2\"> </span>pr<span class=\"_ _2\"></span>oceeds<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs488\">The co<span class=\"_ _9\"></span>nsid<span class=\"_ _9\"></span>erati<span class=\"_ _9\"></span>on pai<span class=\"_ _9\"></span>d by any Group en<span class=\"_ _9\"></span>tit<span class=\"_ _9\"></span>y to acq<span class=\"_ _9\"></span>uire the C<span class=\"_ _9\"></span>omp<span class=\"_ _9\"></span>any\u2019<span class=\"_ _11\"></span>s e<span class=\"_ _9\"></span>qui<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y share c<span class=\"_ _9\"></span>apital, incl<span class=\"_ _9\"></span>uding any dire<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tly a<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>tribu<span class=\"_ _9\"></span>table i<span class=\"_ _9\"></span>ncre<span class=\"_ _9\"></span>mental c<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>ts,<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs489\">is<span class=\"_ gsd2\"> </span>de<span class=\"_ _9\"></span>duc<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d from e<span class=\"_ _9\"></span>quit<span class=\"_ _9\"></span>y un<span class=\"_ _9\"></span>til the sh<span class=\"_ _9\"></span>ares ar<span class=\"_ _9\"></span>e cance<span class=\"_ _9\"></span>lle<span class=\"_ _9\"></span>d, reissu<span class=\"_ _9\"></span>ed or s<span class=\"_ _9\"></span>old. Whe<span class=\"_ _9\"></span>re own sh<span class=\"_ _9\"></span>ares ar<span class=\"_ _9\"></span>e sol<span class=\"_ _9\"></span>d or rei<span class=\"_ _9\"></span>ssue<span class=\"_ _9\"></span>d, the ne<span class=\"_ _9\"></span>t con<span class=\"_ _9\"></span>side<span class=\"_ _9\"></span>ratio<span class=\"_ _9\"></span>n rec<span class=\"_ _9\"></span>eive<span class=\"_ _9\"></span>d is<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs48a\">included in<span class=\"_ _2\"></span> equity<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span> </div><div class=\"gs48b\"><table class=\"s w338 h106\" id=\"_7b5942cf-920a-46f6-b8d1-38ba9b967232\"><tr><td></td><td></td><td class=\"t m0 x933 h15 y356d ff2 fsd fc2 sc0 ls78 ws7f\">Group and Company<span class=\"_ _335\"> </span></td></tr><tr><td></td><td></td><td class=\"t m0 xe69 h15 y356e ff2 fsd fc2 sc0 ls74 ws1\">All<span class=\"_ _9\"></span>ot<span class=\"_ _9\"></span>ted a<span class=\"_ _9\"></span>nd ful<span class=\"_ _9\"></span>ly p<span class=\"_ _9\"></span>aid<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x2ba h15 y356f ff2 fsd fc2 sc0 ls3f wsbc\">2026 </td><td class=\"t m0 x247 h15 y356f ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24d h15 y3570 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3570 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c x24f y32cd w339 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls37 ws34\">Ordinar<span class=\"_ _9\"></span>y shar<span class=\"_ _9\"></span>es of 10</div><div class=\"t m0 xe6a h16 y32a3 ff2 fse fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div><div class=\"t m0 xa29 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">/<span class=\"_ _335\"> </span></div><div class=\"t m0 xe6b h16 y3571 ff2 fse fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div><div class=\"t m0 xe6c h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">p eac<span class=\"_ _9\"></span>h<span class=\"_ _335\"> </span></div></td><td class=\"c n xe6d y32cd w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">80<span class=\"_ _335\"> </span></div></td><td class=\"c n xe6e y32cd w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">80</div></td></tr></table></div><div class=\"gs48c\"><table class=\"s w33a h107\" id=\"_185cd931-b085-4f09-a9ba-881341618acd\"><tr><td></td><td></td><td class=\"t m0 xe6f h15 y3572 ff3 fsd fc2 sc0 ls1 ws1\"> <span class=\"_ _109\"> </span><span class=\"ff2 ls74\">Numb<span class=\"_ _9\"></span>er of s<span class=\"_ _9\"></span>har<span class=\"_ _9\"></span>es<span class=\"_ _335\"> </span></span></td></tr><tr><td></td><td class=\"c n xe70 y3573 w1c hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></div></td><td class=\"c n xe71 y3573 w44 hb8\"><div class=\"t m0 x239 h15 y320f ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w2af hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">At the beg<span class=\"_ _9\"></span>inning of th<span class=\"_ _9\"></span>e year<span class=\"_ _335\"> </span></div></td><td class=\"c n xe72 y32cb w33b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">751,732,064<span class=\"_ _335\"> </span></div></td><td class=\"c n xe73 y32cb w33c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">751,676,657<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w33d hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Issued on the<span class=\"_ _2\"></span> exercise<span class=\"_ _11\"></span> of options<span class=\"_ _335\"> </span></div></td><td class=\"c n xe74 y32cc w51 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">99,233<span class=\"_ _335\"> </span></div></td><td class=\"c n xe75 y32cc w52 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">55,407<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w2b2 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">At 3<span class=\"_ _11\"></span>1 Mar<span class=\"_ _9\"></span>ch<span class=\"_ _335\"> </span></div></td><td class=\"c n xe72 y32cd w33b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">751,831,297<span class=\"_ _335\"> </span></div></td><td class=\"c n xe73 y32cd w33c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">751,732,064<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs48d\">The numb<span class=\"_ _9\"></span>er of o<span class=\"_ _9\"></span>ptio<span class=\"_ _9\"></span>ns over o<span class=\"_ _9\"></span>rdinar<span class=\"_ _a\"></span>y shares fro<span class=\"_ _9\"></span>m E<span class=\"_ _9\"></span>xecu<span class=\"_ _9\"></span>tive pl<span class=\"_ _9\"></span>ans tha<span class=\"_ _9\"></span>t were o<span class=\"_ _9\"></span>ut<span class=\"_ _9\"></span>stan<span class=\"_ _9\"></span>ding a<span class=\"_ _9\"></span>t 3<span class=\"_ _2\"></span>1 March 2026 was <span class=\"ff2 ls170 wsb5\">7,<span class=\"_ _a\"></span>5<span class=\"_ _32\"></span>0<span class=\"_ _32\"></span>9<span class=\"_ _9\"></span>,<span class=\"_ _a\"></span>0<span class=\"_ _32\"></span>1<span class=\"_ _a\"></span>9<span class=\"_ _32\"></span></span> (<span class=\"_ _9\"></span>2025: 6<span class=\"_ _2\"></span>,6<span class=\"_ _11\"></span>22,885)<span class=\"_ _1\"></span>. If all<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs48e\">the options<span class=\"_ _2\"></span> were ex<span class=\"_ _11\"></span>ercisable at that date<span class=\"_ _2\"></span> then <span class=\"ff2 ls170 wsb5\">7,<span class=\"_ _a\"></span>5<span class=\"_ _32\"></span>0<span class=\"_ _a\"></span>9<span class=\"_ _a\"></span>,<span class=\"_ _9\"></span>0<span class=\"_ _32\"></span>1<span class=\"_ _32\"></span>9<span class=\"_ _32\"></span></span><span class=\"ls22 ws1\"> (2025: 6,<span class=\"_ _11\"></span>622,885) shares woul<span class=\"_ _9\"></span>d be re<span class=\"_ _9\"></span>quire<span class=\"_ _9\"></span>d to be tra<span class=\"_ _9\"></span>nsf<span class=\"_ _9\"></span>erre<span class=\"_ _9\"></span>d from th<span class=\"_ _9\"></span>e Employe<span class=\"_ _9\"></span>e Be<span class=\"_ _9\"></span>nefit<span class=\"_ _335\"> </span></span><span class=\"ls22 ws1\"><span class=\"_ _9\"></span> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs48f\">T<span class=\"_ _11\"></span>rus<span class=\"_ _9\"></span>t (EBT)<span class=\"_ _11\"></span>. The numb<span class=\"_ _9\"></span>er of o<span class=\"_ _9\"></span>ptio<span class=\"_ _9\"></span>ns over o<span class=\"_ _9\"></span>rdinar<span class=\"_ _9\"></span>y s<span class=\"_ _9\"></span>hare<span class=\"_ _9\"></span>s from O<span class=\"_ _9\"></span>th<span class=\"_ _9\"></span>er pl<span class=\"_ _9\"></span>ans tha<span class=\"_ _9\"></span>t were ou<span class=\"_ _9\"></span>ts<span class=\"_ _9\"></span>tan<span class=\"_ _9\"></span>ding at 31 March 2026 was <span class=\"ff2 ls170 wsb5\">9<span class=\"_ _a\"></span>3<span class=\"_ _32\"></span>7,<span class=\"_ _a\"></span>8<span class=\"_ _32\"></span>5<span class=\"_ _32\"></span>4<span class=\"_ _32\"></span></span><span class=\"ls1d ws25\"> (<span class=\"_ _9\"></span>2<span class=\"_ _9\"></span>02<span class=\"_ _9\"></span>5: 1,119<span class=\"_ _1\"></span>,8<span class=\"_ _9\"></span>3<span class=\"_ _9\"></span>5)<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></span><span class=\"ls1d ws25\"><span class=\"_ _9\"></span> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs490\">If all the op<span class=\"_ _9\"></span>tions w<span class=\"_ _9\"></span>ere exerc<span class=\"_ _9\"></span>isab<span class=\"_ _9\"></span>le at th<span class=\"_ _9\"></span>at da<span class=\"_ _9\"></span>te then <span class=\"ff2 lsa3 wsdc\">5<span class=\"_ _9\"></span>02,5<span class=\"_ _9\"></span>43<span class=\"_ _9\"></span></span> new ordin<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>y sh<span class=\"_ _9\"></span>ares (<span class=\"_ _9\"></span>2025: 53<span class=\"_ _2\"></span>9<span class=\"_ _1\"></span>,248) would be i<span class=\"_ _9\"></span>ssue<span class=\"_ _9\"></span>d and <span class=\"ff2 ls36 ws77\">435,31<span class=\"_ _11\"></span>1<span class=\"ff3 ls29 ws28\"> shares would be<span class=\"_ _335\"> </span></span></span><span class=\"ff2 ls36 ws77\"><span class=\"ff3 ls29 ws28\"> </span></span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs491\">requi<span class=\"_ _9\"></span>red to b<span class=\"_ _9\"></span>e trans<span class=\"_ _9\"></span>ferr<span class=\"_ _9\"></span>ed fro<span class=\"_ _9\"></span>m the EBT (2025: 580<span class=\"_ _2\"></span>,587)<span class=\"_ _1\"></span>.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs492\">Shareholders at the<span class=\"_ _2\"></span> Annual General<span class=\"_ _11\"></span> Me<span class=\"_ _9\"></span>eting have pr<span class=\"_ _2\"></span>eviously author<span class=\"_ _2\"></span>ised the acqu<span class=\"_ _2\"></span>isition of<span class=\"_ _2\"></span> shares b<span class=\"_ _2\"></span>y the Compan<span class=\"_ _11\"></span>y representing up<span class=\"_ _11\"></span> to 10<span class=\"_ _2\"></span>% of its<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs493\">share c<span class=\"_ _9\"></span>apital, to be h<span class=\"_ _9\"></span>eld as tr<span class=\"_ _9\"></span>easur<span class=\"_ _a\"></span>y share<span class=\"_ _9\"></span>s. There wer<span class=\"_ _9\"></span>e no tre<span class=\"_ _9\"></span>asur<span class=\"_ _9\"></span>y sh<span class=\"_ _9\"></span>ares tr<span class=\"_ _9\"></span>ans<span class=\"_ _9\"></span>ferre<span class=\"_ _9\"></span>d to the EBT during th<span class=\"_ _9\"></span>e year en<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>d 3<span class=\"_ _2\"></span>1 March 2026 (2025:<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs494\">none) to satis<span class=\"_ _9\"></span>f<span class=\"_ _9\"></span>y futu<span class=\"_ _9\"></span>re award<span class=\"_ _9\"></span>s unde<span class=\"_ _9\"></span>r empl<span class=\"_ _9\"></span>oyee sh<span class=\"_ _9\"></span>are pla<span class=\"_ _9\"></span>ns. At 3<span class=\"_ _11\"></span>1 Marc<span class=\"_ _9\"></span>h 2026<span class=\"_ _2\"></span>, the Gro<span class=\"_ _9\"></span>up hel<span class=\"_ _9\"></span>d <span class=\"ff2 ls171 ws1b2\">6<span class=\"_ _a\"></span>,7<span class=\"_ _a\"></span>8<span class=\"_ _9\"></span>9,<span class=\"_ _a\"></span>2<span class=\"_ _a\"></span>3<span class=\"_ _a\"></span>6<span class=\"_ _a\"></span></span> ordin<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>y sh<span class=\"_ _9\"></span>ares (<span class=\"_ _9\"></span>2025: 6,<span class=\"_ _11\"></span>789<span class=\"_ _1\"></span>,236<span class=\"_ _11\"></span>) w<span class=\"_ _9\"></span>ith<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs495\">a market valu<span class=\"_ _9\"></span>e of <span class=\"ff2 ls50 ws119\">\u00a3<span class=\"_ _9\"></span>38m</span> (<span class=\"_ _9\"></span>2025: \u00a337<span class=\"_ _11\"></span>m) in treasur<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>. Th<span class=\"_ _9\"></span>e Comp<span class=\"_ _9\"></span>any\u2019s voting right<span class=\"_ _9\"></span>s and div<span class=\"_ _9\"></span>ide<span class=\"_ _9\"></span>nds in re<span class=\"_ _9\"></span>sp<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>t o<span class=\"_ _9\"></span>f the tre<span class=\"_ _9\"></span>asur<span class=\"_ _9\"></span>y s<span class=\"_ _9\"></span>hare<span class=\"_ _9\"></span>s, includi<span class=\"_ _9\"></span>ng thos<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs496\">own sh<span class=\"_ _9\"></span>ares w<span class=\"_ _9\"></span>hich th<span class=\"_ _9\"></span>e EBT holds, con<span class=\"_ _9\"></span>tinue to b<span class=\"_ _9\"></span>e waive<span class=\"_ _9\"></span>d.<span class=\"_ _335\"> </span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfIssuedCapitalExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-392": {
   "value": "36<span class=\"_ _b2\"> </span><span class=\"fc4 lsd2 wsf3\">ORDINAR<span class=\"_ _2\"></span>Y SHARE CAPIT<span class=\"_ _1\"></span>AL<span class=\"_ _335\"> </span></span>A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Ordin<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>y sha<span class=\"_ _9\"></span>res are c<span class=\"_ _9\"></span>las<span class=\"_ _9\"></span>sified a<span class=\"_ _9\"></span>s equi<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>. Ex<span class=\"_ _a\"></span>ternal cos<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s dire<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tly a<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>tribu<span class=\"_ _9\"></span>table to th<span class=\"_ _9\"></span>e issu<span class=\"_ _9\"></span>e of new sh<span class=\"_ _9\"></span>ares a<span class=\"_ _9\"></span>re show<span class=\"_ _9\"></span>n in equi<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y as a de<span class=\"_ _9\"></span>duc<span class=\"_ _a\"></span>tion from<span class=\"_ _335\"> </span>the<span class=\"_ _2\"></span><span class=\"_ gsd2\"> </span>pr<span class=\"_ _2\"></span>oceeds<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>The co<span class=\"_ _9\"></span>nsid<span class=\"_ _9\"></span>erati<span class=\"_ _9\"></span>on pai<span class=\"_ _9\"></span>d by any Group en<span class=\"_ _9\"></span>tit<span class=\"_ _9\"></span>y to acq<span class=\"_ _9\"></span>uire the C<span class=\"_ _9\"></span>omp<span class=\"_ _9\"></span>any\u2019<span class=\"_ _11\"></span>s e<span class=\"_ _9\"></span>qui<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y share c<span class=\"_ _9\"></span>apital, incl<span class=\"_ _9\"></span>uding any dire<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tly a<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>tribu<span class=\"_ _9\"></span>table i<span class=\"_ _9\"></span>ncre<span class=\"_ _9\"></span>mental c<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>ts,<span class=\"_ _335\"> </span>is<span class=\"_ gsd2\"> </span>de<span class=\"_ _9\"></span>duc<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d from e<span class=\"_ _9\"></span>quit<span class=\"_ _9\"></span>y un<span class=\"_ _9\"></span>til the sh<span class=\"_ _9\"></span>ares ar<span class=\"_ _9\"></span>e cance<span class=\"_ _9\"></span>lle<span class=\"_ _9\"></span>d, reissu<span class=\"_ _9\"></span>ed or s<span class=\"_ _9\"></span>old. Whe<span class=\"_ _9\"></span>re own sh<span class=\"_ _9\"></span>ares ar<span class=\"_ _9\"></span>e sol<span class=\"_ _9\"></span>d or rei<span class=\"_ _9\"></span>ssue<span class=\"_ _9\"></span>d, the ne<span class=\"_ _9\"></span>t con<span class=\"_ _9\"></span>side<span class=\"_ _9\"></span>ratio<span class=\"_ _9\"></span>n rec<span class=\"_ _9\"></span>eive<span class=\"_ _9\"></span>d is<span class=\"_ _335\"> </span>included in<span class=\"_ _2\"></span> equity<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span><table class=\"s w338 h106\" id=\"_7b5942cf-920a-46f6-b8d1-38ba9b967232\"><tr><td></td><td></td><td class=\"t m0 x933 h15 y356d ff2 fsd fc2 sc0 ls78 ws7f\">Group and Company<span class=\"_ _335\"> </span></td></tr><tr><td></td><td></td><td class=\"t m0 xe69 h15 y356e ff2 fsd fc2 sc0 ls74 ws1\">All<span class=\"_ _9\"></span>ot<span class=\"_ _9\"></span>ted a<span class=\"_ _9\"></span>nd ful<span class=\"_ _9\"></span>ly p<span class=\"_ _9\"></span>aid<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x2ba h15 y356f ff2 fsd fc2 sc0 ls3f wsbc\">2026 </td><td class=\"t m0 x247 h15 y356f ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24d h15 y3570 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3570 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c x24f y32cd w339 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls37 ws34\">Ordinar<span class=\"_ _9\"></span>y shar<span class=\"_ _9\"></span>es of 10</div><div class=\"t m0 xe6a h16 y32a3 ff2 fse fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div><div class=\"t m0 xa29 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">/<span class=\"_ _335\"> </span></div><div class=\"t m0 xe6b h16 y3571 ff2 fse fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div><div class=\"t m0 xe6c h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">p eac<span class=\"_ _9\"></span>h<span class=\"_ _335\"> </span></div></td><td class=\"c n xe6d y32cd w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">80<span class=\"_ _335\"> </span></div></td><td class=\"c n xe6e y32cd w21 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">80</div></td></tr></table><table class=\"s w33a h107\" id=\"_185cd931-b085-4f09-a9ba-881341618acd\"><tr><td></td><td></td><td class=\"t m0 xe6f h15 y3572 ff3 fsd fc2 sc0 ls1 ws1\"> <span class=\"_ _109\"> </span><span class=\"ff2 ls74\">Numb<span class=\"_ _9\"></span>er of s<span class=\"_ _9\"></span>har<span class=\"_ _9\"></span>es<span class=\"_ _335\"> </span></span></td></tr><tr><td></td><td class=\"c n xe70 y3573 w1c hb8\"><div class=\"t m0 x239 h15 y320f ff2 fsd fc2 sc0 ls3f wsbc\">2026<span class=\"_ _335\"> </span></div></td><td class=\"c n xe71 y3573 w44 hb8\"><div class=\"t m0 x239 h15 y320f ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w2af hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">At the beg<span class=\"_ _9\"></span>inning of th<span class=\"_ _9\"></span>e year<span class=\"_ _335\"> </span></div></td><td class=\"c n xe72 y32cb w33b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">751,732,064<span class=\"_ _335\"> </span></div></td><td class=\"c n xe73 y32cb w33c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">751,676,657<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w33d hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Issued on the<span class=\"_ _2\"></span> exercise<span class=\"_ _11\"></span> of options<span class=\"_ _335\"> </span></div></td><td class=\"c n xe74 y32cc w51 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">99,233<span class=\"_ _335\"> </span></div></td><td class=\"c n xe75 y32cc w52 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">55,407<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w2b2 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">At 3<span class=\"_ _11\"></span>1 Mar<span class=\"_ _9\"></span>ch<span class=\"_ _335\"> </span></div></td><td class=\"c n xe72 y32cd w33b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">751,831,297<span class=\"_ _335\"> </span></div></td><td class=\"c n xe73 y32cd w33c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">751,732,064<span class=\"_ _335\"> </span></div></td></tr></table>The numb<span class=\"_ _9\"></span>er of o<span class=\"_ _9\"></span>ptio<span class=\"_ _9\"></span>ns over o<span class=\"_ _9\"></span>rdinar<span class=\"_ _a\"></span>y shares fro<span class=\"_ _9\"></span>m E<span class=\"_ _9\"></span>xecu<span class=\"_ _9\"></span>tive pl<span class=\"_ _9\"></span>ans tha<span class=\"_ _9\"></span>t were o<span class=\"_ _9\"></span>ut<span class=\"_ _9\"></span>stan<span class=\"_ _9\"></span>ding a<span class=\"_ _9\"></span>t 3<span class=\"_ _2\"></span>1 March 2026 was <span class=\"ff2 ls170 wsb5\">7,<span class=\"_ _a\"></span>5<span class=\"_ _32\"></span>0<span class=\"_ _32\"></span>9<span class=\"_ _9\"></span>,<span class=\"_ _a\"></span>0<span class=\"_ _32\"></span>1<span class=\"_ _a\"></span>9<span class=\"_ _32\"></span></span> (<span class=\"_ _9\"></span>2025: 6<span class=\"_ _2\"></span>,6<span class=\"_ _11\"></span>22,885)<span class=\"_ _1\"></span>. If all<span class=\"_ _335\"> </span>the options<span class=\"_ _2\"></span> were ex<span class=\"_ _11\"></span>ercisable at that date<span class=\"_ _2\"></span> then <span class=\"ff2 ls170 wsb5\">7,<span class=\"_ _a\"></span>5<span class=\"_ _32\"></span>0<span class=\"_ _a\"></span>9<span class=\"_ _a\"></span>,<span class=\"_ _9\"></span>0<span class=\"_ _32\"></span>1<span class=\"_ _32\"></span>9<span class=\"_ _32\"></span></span><span class=\"ls22 ws1\"> (2025: 6,<span class=\"_ _11\"></span>622,885) shares woul<span class=\"_ _9\"></span>d be re<span class=\"_ _9\"></span>quire<span class=\"_ _9\"></span>d to be tra<span class=\"_ _9\"></span>nsf<span class=\"_ _9\"></span>erre<span class=\"_ _9\"></span>d from th<span class=\"_ _9\"></span>e Employe<span class=\"_ _9\"></span>e Be<span class=\"_ _9\"></span>nefit<span class=\"_ _335\"> </span></span>T<span class=\"_ _11\"></span>rus<span class=\"_ _9\"></span>t (EBT)<span class=\"_ _11\"></span>. The numb<span class=\"_ _9\"></span>er of o<span class=\"_ _9\"></span>ptio<span class=\"_ _9\"></span>ns over o<span class=\"_ _9\"></span>rdinar<span class=\"_ _9\"></span>y s<span class=\"_ _9\"></span>hare<span class=\"_ _9\"></span>s from O<span class=\"_ _9\"></span>th<span class=\"_ _9\"></span>er pl<span class=\"_ _9\"></span>ans tha<span class=\"_ _9\"></span>t were ou<span class=\"_ _9\"></span>ts<span class=\"_ _9\"></span>tan<span class=\"_ _9\"></span>ding at 31 March 2026 was <span class=\"ff2 ls170 wsb5\">9<span class=\"_ _a\"></span>3<span class=\"_ _32\"></span>7,<span class=\"_ _a\"></span>8<span class=\"_ _32\"></span>5<span class=\"_ _32\"></span>4<span class=\"_ _32\"></span></span><span class=\"ls1d ws25\"> (<span class=\"_ _9\"></span>2<span class=\"_ _9\"></span>02<span class=\"_ _9\"></span>5: 1,119<span class=\"_ _1\"></span>,8<span class=\"_ _9\"></span>3<span class=\"_ _9\"></span>5)<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></span>If all the op<span class=\"_ _9\"></span>tions w<span class=\"_ _9\"></span>ere exerc<span class=\"_ _9\"></span>isab<span class=\"_ _9\"></span>le at th<span class=\"_ _9\"></span>at da<span class=\"_ _9\"></span>te then <span class=\"ff2 lsa3 wsdc\">5<span class=\"_ _9\"></span>02,5<span class=\"_ _9\"></span>43<span class=\"_ _9\"></span></span> new ordin<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>y sh<span class=\"_ _9\"></span>ares (<span class=\"_ _9\"></span>2025: 53<span class=\"_ _2\"></span>9<span class=\"_ _1\"></span>,248) would be i<span class=\"_ _9\"></span>ssue<span class=\"_ _9\"></span>d and <span class=\"ff2 ls36 ws77\">435,31<span class=\"_ _11\"></span>1<span class=\"ff3 ls29 ws28\"> shares would be<span class=\"_ _335\"> </span></span></span>requi<span class=\"_ _9\"></span>red to b<span class=\"_ _9\"></span>e trans<span class=\"_ _9\"></span>ferr<span class=\"_ _9\"></span>ed fro<span class=\"_ _9\"></span>m the EBT (2025: 580<span class=\"_ _2\"></span>,587)<span class=\"_ _1\"></span>.<span class=\"_ _335\"> </span>Shareholders at the<span class=\"_ _2\"></span> Annual General<span class=\"_ _11\"></span> Me<span class=\"_ _9\"></span>eting have pr<span class=\"_ _2\"></span>eviously author<span class=\"_ _2\"></span>ised the acqu<span class=\"_ _2\"></span>isition of<span class=\"_ _2\"></span> shares b<span class=\"_ _2\"></span>y the Compan<span class=\"_ _11\"></span>y representing up<span class=\"_ _11\"></span> to 10<span class=\"_ _2\"></span>% of its<span class=\"_ _335\"> </span>share c<span class=\"_ _9\"></span>apital, to be h<span class=\"_ _9\"></span>eld as tr<span class=\"_ _9\"></span>easur<span class=\"_ _a\"></span>y share<span class=\"_ _9\"></span>s. There wer<span class=\"_ _9\"></span>e no tre<span class=\"_ _9\"></span>asur<span class=\"_ _9\"></span>y sh<span class=\"_ _9\"></span>ares tr<span class=\"_ _9\"></span>ans<span class=\"_ _9\"></span>ferre<span class=\"_ _9\"></span>d to the EBT during th<span class=\"_ _9\"></span>e year en<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>d 3<span class=\"_ _2\"></span>1 March 2026 (2025:<span class=\"_ _335\"> </span>none) to satis<span class=\"_ _9\"></span>f<span class=\"_ _9\"></span>y futu<span class=\"_ _9\"></span>re award<span class=\"_ _9\"></span>s unde<span class=\"_ _9\"></span>r empl<span class=\"_ _9\"></span>oyee sh<span class=\"_ _9\"></span>are pla<span class=\"_ _9\"></span>ns. At 3<span class=\"_ _11\"></span>1 Marc<span class=\"_ _9\"></span>h 2026<span class=\"_ _2\"></span>, the Gro<span class=\"_ _9\"></span>up hel<span class=\"_ _9\"></span>d <span class=\"ff2 ls171 ws1b2\">6<span class=\"_ _a\"></span>,7<span class=\"_ _a\"></span>8<span class=\"_ _9\"></span>9,<span class=\"_ _a\"></span>2<span class=\"_ _a\"></span>3<span class=\"_ _a\"></span>6<span class=\"_ _a\"></span></span> ordin<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>y sh<span class=\"_ _9\"></span>ares (<span class=\"_ _9\"></span>2025: 6,<span class=\"_ _11\"></span>789<span class=\"_ _1\"></span>,236<span class=\"_ _11\"></span>) w<span class=\"_ _9\"></span>ith<span class=\"_ _335\"> </span>a market valu<span class=\"_ _9\"></span>e of <span class=\"ff2 ls50 ws119\">\u00a3<span class=\"_ _9\"></span>38m</span> (<span class=\"_ _9\"></span>2025: \u00a337<span class=\"_ _11\"></span>m) in treasur<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>. Th<span class=\"_ _9\"></span>e Comp<span class=\"_ _9\"></span>any\u2019s voting right<span class=\"_ _9\"></span>s and div<span class=\"_ _9\"></span>ide<span class=\"_ _9\"></span>nds in re<span class=\"_ _9\"></span>sp<span class=\"_ _9\"></span>ec<span class=\"_ _9\"></span>t o<span class=\"_ _9\"></span>f the tre<span class=\"_ _9\"></span>asur<span class=\"_ _9\"></span>y s<span class=\"_ _9\"></span>hare<span class=\"_ _9\"></span>s, includi<span class=\"_ _9\"></span>ng thos<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span>own sh<span class=\"_ _9\"></span>ares w<span class=\"_ _9\"></span>hich th<span class=\"_ _9\"></span>e EBT holds, con<span class=\"_ _9\"></span>tinue to b<span class=\"_ _9\"></span>e waive<span class=\"_ _9\"></span>d.<span class=\"_ _335\"> </span><div class=\"t m0 ha2 ff1 fs7 fc0 sc0 ls16c ws1ad gs498\">37<span class=\"_ _80\"> </span><span class=\"fc4 lsd2 wsf3\">O<span class=\"_ _2\"></span>WN SHARES<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h4a ff1 fs1 fc0 sc0 ls1 ws1 gs499\">A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs49a\">Share<span class=\"_ _9\"></span>s acqu<span class=\"_ _9\"></span>ired by th<span class=\"_ _9\"></span>e EBT are prese<span class=\"_ _9\"></span>nted o<span class=\"_ _9\"></span>n the Gr<span class=\"_ _9\"></span>oup and C<span class=\"_ _9\"></span>omp<span class=\"_ _9\"></span>any balan<span class=\"_ _9\"></span>ce she<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s wi<span class=\"_ _9\"></span>thin \u2018O<span class=\"_ _9\"></span>ther r<span class=\"_ _9\"></span>ese<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>ves\u2019<span class=\"_ _1\"></span>. Purcha<span class=\"_ _9\"></span>ses o<span class=\"_ _9\"></span>f trea<span class=\"_ _9\"></span>sur<span class=\"_ _9\"></span>y sha<span class=\"_ _9\"></span>res are<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs49b\">deducted from retained ear<span class=\"_ _2\"></span>nings<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></div><div class=\"gs49c\"><table class=\"s w33e h108\" id=\"_6644b669-cbd2-4fa7-b0c3-04d23859ff4b\"><tr><td></td><td class=\"t m0 x933 h15 y3574 ff2 fsd fc2 sc0 ls78 ws7f\">Group and Company<span class=\"_ _335\"> </span></td><td></td></tr><tr><td></td><td class=\"t m0 x2ba h15 y3575 ff2 fsd fc2 sc0 ls3f wsbc\">2026 </td><td class=\"t m0 x247 h15 y3575 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24d h15 y3576 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3576 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32e3 w2af hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">At the beg<span class=\"_ _9\"></span>inning of th<span class=\"_ _9\"></span>e year<span class=\"_ _335\"> </span></div></td><td class=\"c n xe76 y32e3 w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td><td class=\"c n x4b8 y32e3 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">23<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e4 w33f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls37 ws34\">Acquisition o<span class=\"_ _9\"></span>f ordinar<span class=\"_ _9\"></span>y share<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n x61d y32e4 w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">27<span class=\"_ _335\"> </span></div></td><td class=\"c n xe77 y32e4 w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3356 w340 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">T<span class=\"_ _11\"></span>ransfer of sha<span class=\"_ _2\"></span>res to em<span class=\"_ _2\"></span>ployees on<span class=\"_ _2\"></span> exercise<span class=\"_ _11\"></span> of share options<span class=\"_ _335\"> </span></div></td><td class=\"c n xe78 y3356 w2b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(15)<span class=\"_ _335\"> </span></div></td><td class=\"c n xe79 y3356 w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(9)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w2b2 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">At 3<span class=\"_ _11\"></span>1 Mar<span class=\"_ _9\"></span>ch<span class=\"_ _335\"> </span></div></td><td class=\"c n x61d y32cd w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">26<span class=\"_ _335\"> </span></div></td><td class=\"c n x61e y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs49d\">Ow<span class=\"_ _9\"></span>n shar<span class=\"_ _9\"></span>es co<span class=\"_ _9\"></span>nsis<span class=\"_ _9\"></span>t of s<span class=\"_ _9\"></span>hare<span class=\"_ _9\"></span>s in Land S<span class=\"_ _9\"></span>ecur<span class=\"_ _9\"></span>itie<span class=\"_ _9\"></span>s Group PLC held by th<span class=\"_ _9\"></span>e EBT in respe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t of th<span class=\"_ _9\"></span>e Grou<span class=\"_ _9\"></span>p\u2019<span class=\"_ _11\"></span>s com<span class=\"_ _9\"></span>mitm<span class=\"_ _9\"></span>ent to a numb<span class=\"_ _9\"></span>er of i<span class=\"_ _9\"></span>ts e<span class=\"_ _9\"></span>mploye<span class=\"_ _9\"></span>e </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs49e\">share option<span class=\"_ _11\"></span> schem<span class=\"_ _9\"></span>es (<span class=\"_ _11\"></span>note 35<span class=\"_ _11\"></span>)<span class=\"_ _11\"></span>. </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs49f\">The numb<span class=\"_ _9\"></span>er of s<span class=\"_ _9\"></span>hare<span class=\"_ _9\"></span>s hel<span class=\"_ _9\"></span>d by the EBT at 3<span class=\"_ _2\"></span>1 March 2026 was <span class=\"ff2 ls1b ws11a\">4,34<span class=\"_ _9\"></span>0,245</span> (2025: 2,<span class=\"_ _11\"></span>061<span class=\"_ _11\"></span>,<span class=\"_ _11\"></span>915)<span class=\"_ _1\"></span>. Th<span class=\"_ _9\"></span>e market val<span class=\"_ _9\"></span>ue of the<span class=\"_ _9\"></span>se sh<span class=\"_ _9\"></span>ares a<span class=\"_ _9\"></span>t 31 March 2026 was </div><div class=\"t m0 h9 ff2 fs6 fc2 sc0 ls1b ws11a gs4a0\">\u00a3<span class=\"_ _9\"></span>24m<span class=\"_ _9\"></span><span class=\"ff3 ls22 ws1\"> (2025: \u00a3<span class=\"_ _2\"></span>11<span class=\"_ _11\"></span>m)<span class=\"_ _1\"></span>.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-465": {
   "value": "A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Ordin<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>y sha<span class=\"_ _9\"></span>res are c<span class=\"_ _9\"></span>las<span class=\"_ _9\"></span>sified a<span class=\"_ _9\"></span>s equi<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y<span class=\"_ _11\"></span>. Ex<span class=\"_ _a\"></span>ternal cos<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>s dire<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tly a<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>tribu<span class=\"_ _9\"></span>table to th<span class=\"_ _9\"></span>e issu<span class=\"_ _9\"></span>e of new sh<span class=\"_ _9\"></span>ares a<span class=\"_ _9\"></span>re show<span class=\"_ _9\"></span>n in equi<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y as a de<span class=\"_ _9\"></span>duc<span class=\"_ _a\"></span>tion from<span class=\"_ _335\"> </span>the<span class=\"_ _2\"></span><span class=\"_ gsd2\"> </span>pr<span class=\"_ _2\"></span>oceeds<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>The co<span class=\"_ _9\"></span>nsid<span class=\"_ _9\"></span>erati<span class=\"_ _9\"></span>on pai<span class=\"_ _9\"></span>d by any Group en<span class=\"_ _9\"></span>tit<span class=\"_ _9\"></span>y to acq<span class=\"_ _9\"></span>uire the C<span class=\"_ _9\"></span>omp<span class=\"_ _9\"></span>any\u2019<span class=\"_ _11\"></span>s e<span class=\"_ _9\"></span>qui<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y share c<span class=\"_ _9\"></span>apital, incl<span class=\"_ _9\"></span>uding any dire<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tly a<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>tribu<span class=\"_ _9\"></span>table i<span class=\"_ _9\"></span>ncre<span class=\"_ _9\"></span>mental c<span class=\"_ _9\"></span>os<span class=\"_ _9\"></span>ts,<span class=\"_ _335\"> </span>is<span class=\"_ gsd2\"> </span>de<span class=\"_ _9\"></span>duc<span class=\"_ _9\"></span>te<span class=\"_ _9\"></span>d from e<span class=\"_ _9\"></span>quit<span class=\"_ _9\"></span>y un<span class=\"_ _9\"></span>til the sh<span class=\"_ _9\"></span>ares ar<span class=\"_ _9\"></span>e cance<span class=\"_ _9\"></span>lle<span class=\"_ _9\"></span>d, reissu<span class=\"_ _9\"></span>ed or s<span class=\"_ _9\"></span>old. Whe<span class=\"_ _9\"></span>re own sh<span class=\"_ _9\"></span>ares ar<span class=\"_ _9\"></span>e sol<span class=\"_ _9\"></span>d or rei<span class=\"_ _9\"></span>ssue<span class=\"_ _9\"></span>d, the ne<span class=\"_ _9\"></span>t con<span class=\"_ _9\"></span>side<span class=\"_ _9\"></span>ratio<span class=\"_ _9\"></span>n rec<span class=\"_ _9\"></span>eive<span class=\"_ _9\"></span>d is<span class=\"_ _335\"> </span>included in<span class=\"_ _2\"></span> equity<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForIssuedCapitalExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-421": {
   "value": "37<span class=\"_ _80\"> </span><span class=\"fc4 lsd2 wsf3\">O<span class=\"_ _2\"></span>WN SHARES<span class=\"_ _335\"> </span></span>A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Share<span class=\"_ _9\"></span>s acqu<span class=\"_ _9\"></span>ired by th<span class=\"_ _9\"></span>e EBT are prese<span class=\"_ _9\"></span>nted o<span class=\"_ _9\"></span>n the Gr<span class=\"_ _9\"></span>oup and C<span class=\"_ _9\"></span>omp<span class=\"_ _9\"></span>any balan<span class=\"_ _9\"></span>ce she<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s wi<span class=\"_ _9\"></span>thin \u2018O<span class=\"_ _9\"></span>ther r<span class=\"_ _9\"></span>ese<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>ves\u2019<span class=\"_ _1\"></span>. Purcha<span class=\"_ _9\"></span>ses o<span class=\"_ _9\"></span>f trea<span class=\"_ _9\"></span>sur<span class=\"_ _9\"></span>y sha<span class=\"_ _9\"></span>res are<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> deducted from retained ear<span class=\"_ _2\"></span>nings<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span><table class=\"s w33e h108\" id=\"_6644b669-cbd2-4fa7-b0c3-04d23859ff4b\"><tr><td></td><td class=\"t m0 x933 h15 y3574 ff2 fsd fc2 sc0 ls78 ws7f\">Group and Company<span class=\"_ _335\"> </span></td><td></td></tr><tr><td></td><td class=\"t m0 x2ba h15 y3575 ff2 fsd fc2 sc0 ls3f wsbc\">2026 </td><td class=\"t m0 x247 h15 y3575 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24d h15 y3576 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3576 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32e3 w2af hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">At the beg<span class=\"_ _9\"></span>inning of th<span class=\"_ _9\"></span>e year<span class=\"_ _335\"> </span></div></td><td class=\"c n xe76 y32e3 w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td><td class=\"c n x4b8 y32e3 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">23<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e4 w33f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls37 ws34\">Acquisition o<span class=\"_ _9\"></span>f ordinar<span class=\"_ _9\"></span>y share<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n x61d y32e4 w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">27<span class=\"_ _335\"> </span></div></td><td class=\"c n xe77 y32e4 w5c hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y3356 w340 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">T<span class=\"_ _11\"></span>ransfer of sha<span class=\"_ _2\"></span>res to em<span class=\"_ _2\"></span>ployees on<span class=\"_ _2\"></span> exercise<span class=\"_ _11\"></span> of share options<span class=\"_ _335\"> </span></div></td><td class=\"c n xe78 y3356 w2b hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(15)<span class=\"_ _335\"> </span></div></td><td class=\"c n xe79 y3356 w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(9)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w2b2 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws1\">At 3<span class=\"_ _11\"></span>1 Mar<span class=\"_ _9\"></span>ch<span class=\"_ _335\"> </span></div></td><td class=\"c n x61d y32cd w34 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">26<span class=\"_ _335\"> </span></div></td><td class=\"c n x61e y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">14<span class=\"_ _335\"> </span></div></td></tr></table>Ow<span class=\"_ _9\"></span>n shar<span class=\"_ _9\"></span>es co<span class=\"_ _9\"></span>nsis<span class=\"_ _9\"></span>t of s<span class=\"_ _9\"></span>hare<span class=\"_ _9\"></span>s in Land S<span class=\"_ _9\"></span>ecur<span class=\"_ _9\"></span>itie<span class=\"_ _9\"></span>s Group PLC held by th<span class=\"_ _9\"></span>e EBT in respe<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>t of th<span class=\"_ _9\"></span>e Grou<span class=\"_ _9\"></span>p\u2019<span class=\"_ _11\"></span>s com<span class=\"_ _9\"></span>mitm<span class=\"_ _9\"></span>ent to a numb<span class=\"_ _9\"></span>er of i<span class=\"_ _9\"></span>ts e<span class=\"_ _9\"></span>mploye<span class=\"_ _9\"></span>e share option<span class=\"_ _11\"></span> schem<span class=\"_ _9\"></span>es (<span class=\"_ _11\"></span>note 35<span class=\"_ _11\"></span>)<span class=\"_ _11\"></span>. The numb<span class=\"_ _9\"></span>er of s<span class=\"_ _9\"></span>hare<span class=\"_ _9\"></span>s hel<span class=\"_ _9\"></span>d by the EBT at 3<span class=\"_ _2\"></span>1 March 2026 was <span class=\"ff2 ls1b ws11a\">4,34<span class=\"_ _9\"></span>0,245</span> (2025: 2,<span class=\"_ _11\"></span>061<span class=\"_ _11\"></span>,<span class=\"_ _11\"></span>915)<span class=\"_ _1\"></span>. Th<span class=\"_ _9\"></span>e market val<span class=\"_ _9\"></span>ue of the<span class=\"_ _9\"></span>se sh<span class=\"_ _9\"></span>ares a<span class=\"_ _9\"></span>t 31 March 2026 was \u00a3<span class=\"_ _9\"></span>24m<span class=\"_ _9\"></span><span class=\"ff3 ls22 ws1\"> (2025: \u00a3<span class=\"_ _2\"></span>11<span class=\"_ _11\"></span>m)<span class=\"_ _1\"></span>.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfTreasurySharesExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-464": {
   "value": "A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span>Share<span class=\"_ _9\"></span>s acqu<span class=\"_ _9\"></span>ired by th<span class=\"_ _9\"></span>e EBT are prese<span class=\"_ _9\"></span>nted o<span class=\"_ _9\"></span>n the Gr<span class=\"_ _9\"></span>oup and C<span class=\"_ _9\"></span>omp<span class=\"_ _9\"></span>any balan<span class=\"_ _9\"></span>ce she<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>s wi<span class=\"_ _9\"></span>thin \u2018O<span class=\"_ _9\"></span>ther r<span class=\"_ _9\"></span>ese<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>ves\u2019<span class=\"_ _1\"></span>. Purcha<span class=\"_ _9\"></span>ses o<span class=\"_ _9\"></span>f trea<span class=\"_ _9\"></span>sur<span class=\"_ _9\"></span>y sha<span class=\"_ _9\"></span>res are<span class=\"_ _335\"> </span>deducted from retained ear<span class=\"_ _2\"></span>nings<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForTreasurySharesExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-423": {
   "value": "<div class=\"t m0 ha2 ff1 fs7 fc0 sc0 ls16c ws1ad gs4a3\">38<span class=\"_ _b2\"> </span><span class=\"fc4 lsd2 ws178\">CONTINGENCIES<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs4a4\">The Group<span class=\"_ _2\"></span> has conti<span class=\"_ _2\"></span>ngent liabi<span class=\"_ _2\"></span>lities i<span class=\"_ _2\"></span>n respec<span class=\"_ _9\"></span>t of legal c<span class=\"_ _2\"></span>laims,<span class=\"_ _2\"></span> contractor clai<span class=\"_ _2\"></span>ms, remediat<span class=\"_ _2\"></span>ion for bui<span class=\"_ _11\"></span>lding defec<span class=\"_ _9\"></span>ts, developer<span class=\"_ _2\"></span> contractual<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs4a5\">arrang<span class=\"_ _9\"></span>eme<span class=\"_ _9\"></span>nts, gu<span class=\"_ _9\"></span>arantee<span class=\"_ _9\"></span>s and war<span class=\"_ _9\"></span>rantie<span class=\"_ _9\"></span>s arisin<span class=\"_ _9\"></span>g in the ordi<span class=\"_ _9\"></span>nar<span class=\"_ _9\"></span>y co<span class=\"_ _9\"></span>urs<span class=\"_ _9\"></span>e of bus<span class=\"_ _9\"></span>ines<span class=\"_ _9\"></span>s. A provis<span class=\"_ _9\"></span>ion fo<span class=\"_ _9\"></span>r such ma<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>ter<span class=\"_ _9\"></span>s is onl<span class=\"_ _9\"></span>y re<span class=\"_ _9\"></span>cogni<span class=\"_ _9\"></span>sed to th<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs4a6\">ex<span class=\"_ _9\"></span>tent th<span class=\"_ _9\"></span>at the G<span class=\"_ _9\"></span>roup h<span class=\"_ _9\"></span>as a le<span class=\"_ _9\"></span>gal or co<span class=\"_ _9\"></span>ns<span class=\"_ _9\"></span>tru<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tive ob<span class=\"_ _9\"></span>liga<span class=\"_ _9\"></span>tion a<span class=\"_ _9\"></span>s a resul<span class=\"_ _9\"></span>t of a pa<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t event and i<span class=\"_ _9\"></span>t is pro<span class=\"_ _9\"></span>bab<span class=\"_ _9\"></span>le tha<span class=\"_ _9\"></span>t an out<span class=\"_ _9\"></span>flow of e<span class=\"_ _9\"></span>con<span class=\"_ _9\"></span>omic b<span class=\"_ _9\"></span>en<span class=\"_ _9\"></span>efit<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs4a7\">will b<span class=\"_ _9\"></span>e requ<span class=\"_ _9\"></span>ired to se<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>tle th<span class=\"_ _9\"></span>e obli<span class=\"_ _9\"></span>gati<span class=\"_ _9\"></span>on.</div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfContingentLiabilitiesExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-432": {
   "value": "38<span class=\"_ _b2\"> </span><span class=\"fc4 lsd2 ws178\">CONTINGENCIES<span class=\"_ _335\"> </span></span>The Group<span class=\"_ _2\"></span> has conti<span class=\"_ _2\"></span>ngent liabi<span class=\"_ _2\"></span>lities i<span class=\"_ _2\"></span>n respec<span class=\"_ _9\"></span>t of legal c<span class=\"_ _2\"></span>laims,<span class=\"_ _2\"></span> contractor clai<span class=\"_ _2\"></span>ms, remediat<span class=\"_ _2\"></span>ion for bui<span class=\"_ _11\"></span>lding defec<span class=\"_ _9\"></span>ts, developer<span class=\"_ _2\"></span> contractual<span class=\"_ _335\"> </span>arrang<span class=\"_ _9\"></span>eme<span class=\"_ _9\"></span>nts, gu<span class=\"_ _9\"></span>arantee<span class=\"_ _9\"></span>s and war<span class=\"_ _9\"></span>rantie<span class=\"_ _9\"></span>s arisin<span class=\"_ _9\"></span>g in the ordi<span class=\"_ _9\"></span>nar<span class=\"_ _9\"></span>y co<span class=\"_ _9\"></span>urs<span class=\"_ _9\"></span>e of bus<span class=\"_ _9\"></span>ines<span class=\"_ _9\"></span>s. A provis<span class=\"_ _9\"></span>ion fo<span class=\"_ _9\"></span>r such ma<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>ter<span class=\"_ _9\"></span>s is onl<span class=\"_ _9\"></span>y re<span class=\"_ _9\"></span>cogni<span class=\"_ _9\"></span>sed to th<span class=\"_ _9\"></span>e<span class=\"_ _335\"> </span>ex<span class=\"_ _9\"></span>tent th<span class=\"_ _9\"></span>at the G<span class=\"_ _9\"></span>roup h<span class=\"_ _9\"></span>as a le<span class=\"_ _9\"></span>gal or co<span class=\"_ _9\"></span>ns<span class=\"_ _9\"></span>tru<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tive ob<span class=\"_ _9\"></span>liga<span class=\"_ _9\"></span>tion a<span class=\"_ _9\"></span>s a resul<span class=\"_ _9\"></span>t of a pa<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>t event and i<span class=\"_ _9\"></span>t is pro<span class=\"_ _9\"></span>bab<span class=\"_ _9\"></span>le tha<span class=\"_ _9\"></span>t an out<span class=\"_ _9\"></span>flow of e<span class=\"_ _9\"></span>con<span class=\"_ _9\"></span>omic b<span class=\"_ _9\"></span>en<span class=\"_ _9\"></span>efit<span class=\"_ _335\"> </span>will b<span class=\"_ _9\"></span>e requ<span class=\"_ _9\"></span>ired to se<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>tle th<span class=\"_ _9\"></span>e obli<span class=\"_ _9\"></span>gati<span class=\"_ _9\"></span>on.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-422": {
   "value": "39<span class=\"_ _c6\"> </span><span class=\"fc4 lsd2 wsf3\">REL<span class=\"_ _9\"></span>A<span class=\"_ _11\"></span>TED P<span class=\"_ _11\"></span>ARTY TRANSACTIONS<span class=\"_ _335\"> </span></span>SUBSIDIARIES<span class=\"_ _335\"> </span>Durin<span class=\"_ _9\"></span>g the yea<span class=\"_ _9\"></span>r<span class=\"_ _11\"></span>, the Co<span class=\"_ _9\"></span>mpany ente<span class=\"_ _9\"></span>red in<span class=\"_ _9\"></span>to transa<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>s, in the nor<span class=\"_ _9\"></span>mal cou<span class=\"_ _9\"></span>rse o<span class=\"_ _9\"></span>f busin<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>s, with re<span class=\"_ _9\"></span>late<span class=\"_ _9\"></span>d par<span class=\"_ _a\"></span>ties as fo<span class=\"_ _9\"></span>llows:<span class=\"_ _335\"> </span><table class=\"s w220 hd4\" id=\"_a5fee197-ab07-44a7-9bf0-1d2eed305b12\"><tr><td></td><td class=\"t m0 x2ba h15 y3577 ff2 fsd fc2 sc0 ls3f wsbc\">2026 </td><td class=\"t m0 x247 h15 y3577 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24d h15 y3578 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3578 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c x24f y32e3 w341 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">T<span class=\"_ _11\"></span>ransactions with subsidiar<span class=\"_ _9\"></span>y under<span class=\"_ _9\"></span>takings</div><div class=\"t m0 xe7a h16 y32a3 ff2 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div><div class=\"t m0 xb08 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">:<span class=\"_ _335\"> </span></div></td><td></td><td></td></tr><tr><td class=\"c n x24f y32cb w342 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1e wsb4\">Recharge of<span class=\"_ _2\"></span> costs<span class=\"_ _335\"> </span></div></td><td class=\"c n xe7b y32cb w30 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(317)<span class=\"_ _335\"> </span></div></td><td class=\"c n xe7c y32cb w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(306)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w343 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Dividends received<span class=\"_ _335\"> </span></div></td><td class=\"c n x72c y32cc w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">500<span class=\"_ _335\"> </span></div></td><td class=\"c n x60b y32cc w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">900<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w94 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Intere<span class=\"_ _9\"></span>st p<span class=\"_ _9\"></span>aid<span class=\"_ _335\"> </span></div></td><td class=\"c n x366 y32cd w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(79)<span class=\"_ _335\"> </span></div></td><td class=\"c n xe7c y32cd w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(108)<span class=\"_ _335\"> </span></div></td></tr></table>1. <span class=\"_ _9\"></span>A<span class=\"_ _9\"></span>ll si<span class=\"_ _9\"></span>gnific<span class=\"_ _9\"></span>ant c<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>h pa<span class=\"_ _9\"></span>ym<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s fo<span class=\"_ _9\"></span>r th<span class=\"_ _9\"></span>e Paren<span class=\"_ _9\"></span>t Co<span class=\"_ _9\"></span>mpa<span class=\"_ _9\"></span>ny<span class=\"_ _11\"></span>, i<span class=\"_ _9\"></span>ncl<span class=\"_ _9\"></span>udi<span class=\"_ _9\"></span>ng di<span class=\"_ _9\"></span>vi<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>nd p<span class=\"_ _9\"></span>ay<span class=\"_ _9\"></span>me<span class=\"_ _9\"></span>nt<span class=\"_ _9\"></span>s, are m<span class=\"_ _9\"></span>ad<span class=\"_ _9\"></span>e by the G<span class=\"_ _9\"></span>ro<span class=\"_ _9\"></span>up\u2019s treas<span class=\"_ _9\"></span>ur<span class=\"_ _9\"></span>y f<span class=\"_ _9\"></span>unc<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>ion i<span class=\"_ _9\"></span>n ac<span class=\"_ _9\"></span>cor<span class=\"_ _9\"></span>dan<span class=\"_ _9\"></span>ce w<span class=\"_ _9\"></span>ith t<span class=\"_ _9\"></span>he G<span class=\"_ _9\"></span>rou<span class=\"_ _9\"></span>p\u2019<span class=\"_ _2\"></span>s finan<span class=\"_ _9\"></span>ci<span class=\"_ _9\"></span>al<span class=\"_ _335\"> </span>risk manag<span class=\"_ _2\"></span>ement policy<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>JOINT ARR<span class=\"_ _9\"></span>ANGEMENTS<span class=\"_ _335\"> </span>As di<span class=\"_ _9\"></span>sclo<span class=\"_ _9\"></span>sed i<span class=\"_ _9\"></span>n note 15, the Gr<span class=\"_ _9\"></span>oup has inve<span class=\"_ _9\"></span>st<span class=\"_ _9\"></span>ment<span class=\"_ _9\"></span>s in a numb<span class=\"_ _9\"></span>er of j<span class=\"_ _9\"></span>oint arra<span class=\"_ _9\"></span>ngem<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s. Detail<span class=\"_ _9\"></span>s of trans<span class=\"_ _9\"></span>ac<span class=\"_ _9\"></span>tio<span class=\"_ _9\"></span>ns and b<span class=\"_ _9\"></span>alan<span class=\"_ _9\"></span>ces b<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>we<span class=\"_ _9\"></span>en the G<span class=\"_ _9\"></span>roup<span class=\"_ _335\"> </span>and it<span class=\"_ _9\"></span>s join<span class=\"_ _9\"></span>t arrang<span class=\"_ _9\"></span>eme<span class=\"_ _9\"></span>nts ar<span class=\"_ _9\"></span>e as foll<span class=\"_ _9\"></span>ows:<span class=\"_ _335\"> </span><table class=\"s w344 h109\" id=\"_400651f8-25b5-4576-961e-d1afa5bbf3b0\"><tr><td></td><td></td><td></td><td></td><td class=\"c n xe7d y3579 w345 hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls74 ws1\">Y<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>ar e<span class=\"_ _9\"></span>nd<span class=\"_ _9\"></span>ed an<span class=\"_ _9\"></span>d as a<span class=\"_ _9\"></span>t 31 Marc<span class=\"_ _9\"></span>h 2026<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xe7e y3579 w346 hbc\"><div class=\"t m0 x239 h15 y3229 ff3 fsd fc2 sc0 ls74 ws1\">Y<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>ar e<span class=\"_ _9\"></span>nd<span class=\"_ _9\"></span>ed a<span class=\"_ _9\"></span>nd a<span class=\"_ _9\"></span>s at 31 Marc<span class=\"_ _9\"></span>h 2025<span class=\"_ _335\"> </span></div></td><td></td><td></td></tr><tr><td></td><td></td><td class=\"t m0 xe7f h15 y357a ff2 fsd fc2 sc0 ls1 ws1\">Net </td><td class=\"t m0 xe80 h15 y357b ff2 fsd fc2 sc0 ls7a ws1a8\">Amounts </td><td class=\"t m0 xe81 h15 y357c ff2 fsd fc2 sc0 ls7a ws1a8\">Amounts </td><td></td><td class=\"t m0 xe82 h15 y357d ff3 fsd fc2 sc0 ls1 ws1\">Net </td><td class=\"t m0 xde3 h15 y357e ff3 fsd fc2 sc0 ls1 ws1\">Amounts </td><td class=\"t m0 xe83 h15 y357f ff3 fsd fc2 sc0 ls1 ws1\">Amounts </td></tr><tr><td></td><td></td><td class=\"t m0 xe84 h15 y3580 ff2 fsd fc2 sc0 ls7a ws1a8\">inv<span class=\"_ _11\"></span>estments </td><td class=\"t m0 xaf0 h15 y3581 ff2 fsd fc2 sc0 ls36 ws7e\">owed by<span class=\"_ _9\"></span> </td><td class=\"t m0 xe85 h15 y3582 ff2 fsd fc2 sc0 ls74 ws1\">owed to<span class=\"_ _9\"></span> </td><td></td><td class=\"t m0 xe86 h15 y3583 ff3 fsd fc2 sc0 ls1 ws1\">investments </td><td class=\"t m0 xaf5 h15 y3584 ff3 fsd fc2 sc0 ls74 ws1\">owe<span class=\"_ _9\"></span>d by </td><td class=\"t m0 xdd9 h15 y3585 ff3 fsd fc2 sc0 ls74 ws1\">owe<span class=\"_ _9\"></span>d to </td></tr><tr><td></td><td class=\"t m0 xe87 h15 y3586 ff2 fsd fc2 sc0 ls75 ws7a\">Income/ </td><td class=\"t m0 xe88 h15 y3587 ff2 fsd fc2 sc0 ls87 ws8b\">into joint </td><td class=\"t m0 xe89 h15 y3588 ff2 fsd fc2 sc0 ls1 ws1\">joint </td><td class=\"t m0 x43b h15 y3589 ff2 fsd fc2 sc0 ls1 ws1\">joint </td><td class=\"t m0 xe8a h15 y3589 ff3 fsd fc2 sc0 ls41 ws7c\">Income/<span class=\"_ _335\"> </span></td><td class=\"t m0 xe8b h15 y358a ff3 fsd fc2 sc0 ls1 ws8e\">into joint </td><td class=\"t m0 xe8c h15 y358b ff3 fsd fc2 sc0 ls1 ws1\">joint </td><td class=\"t m0 x440 h15 y358c ff3 fsd fc2 sc0 ls76 ws13e\">joint<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 xe8d h15 y358d ff2 fsd fc2 sc0 ls16f ws1b1\">(e<span class=\"_ _9\"></span>x<span class=\"_ _9\"></span>p<span class=\"_ _9\"></span>e<span class=\"_ _a\"></span>n<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>e)<span class=\"_ _335\"> </span></td><td class=\"t m0 xe8e h15 y358e ff2 fsd fc2 sc0 ls3a ws37\">ventur<span class=\"_ _9\"></span>es<span class=\"_ _335\"> </span></td><td class=\"t m0 xe8f h15 y358f ff2 fsd fc2 sc0 ls3a ws37\">ventur<span class=\"_ _9\"></span>es<span class=\"_ _335\"> </span></td><td class=\"t m0 xe90 h15 y3590 ff2 fsd fc2 sc0 ls3a ws37\">ventur<span class=\"_ _9\"></span>es<span class=\"_ _335\"> </span></td><td class=\"t m0 xe91 h15 y3590 ff3 fsd fc2 sc0 ls13c ws195\">(e<span class=\"_ _9\"></span>x<span class=\"_ _9\"></span>p<span class=\"_ _9\"></span>e<span class=\"_ _a\"></span>ns<span class=\"_ _a\"></span>e)<span class=\"_ _335\"> </span></td><td class=\"t m0 xaff h15 y3591 ff3 fsd fc2 sc0 ls113 ws13f\">ventures<span class=\"_ _335\"> </span></td><td class=\"t m0 xe92 h15 y3592 ff3 fsd fc2 sc0 ls113 ws13f\">ventures<span class=\"_ _335\"> </span></td><td class=\"t m0 xe93 h15 y3593 ff3 fsd fc2 sc0 ls113 ws13f\">ventures<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 xe94 h15 y3594 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 xe95 h15 y3595 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 xe96 h15 y3596 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 xe97 h15 y3597 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 xe98 h15 y3597 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 xb06 h15 y3598 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 xb07 h15 y3599 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x446 h15 y359a ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x447 y32c9 w347 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Nova<span class=\"_ _11\"></span>, Vic<span class=\"_ _9\"></span>toria<span class=\"_ _335\"> </span></div></td><td class=\"c n xe99 y32c9 w25 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">9<span class=\"_ _335\"> </span></div></td><td class=\"c n xe9a y32c9 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xe9b y32c9 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">27<span class=\"_ _335\"> </span></div></td><td class=\"c n xe9c y32c9 w37 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xe9d y32c9 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td><td class=\"c n xe9e y32c9 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xe9f y32c9 w34 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">45<span class=\"_ _335\"> </span></div></td><td class=\"c n xea0 y32c9 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32ca w1d4 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws33\">South<span class=\"_ _9\"></span>side Limite<span class=\"_ _9\"></span>d Partn<span class=\"_ _9\"></span>ership<span class=\"_ _335\"> </span></div></td><td class=\"c n xea1 y32ca w25 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n xea2 y32ca w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xea3 y32ca w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">73<span class=\"_ _335\"> </span></div></td><td class=\"c n xea4 y32ca w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xea5 y32ca w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n xea6 y32ca w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n xea7 y32ca w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">74<span class=\"_ _335\"> </span></div></td><td class=\"c n xea8 y32ca w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w1d8 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws33\">Westgate O<span class=\"_ _9\"></span>x<span class=\"_ _9\"></span>ford Allianc<span class=\"_ _9\"></span>e Limited Par<span class=\"_ _9\"></span>tner<span class=\"_ _9\"></span>ship<span class=\"_ _335\"> </span></div></td><td class=\"c n xea9 y32cb w25 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xeaa y32cb wc5 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(11)<span class=\"_ _335\"> </span></div></td><td class=\"c n xeab y32cb w25 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n xeac y32cb w37 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xead y32cb w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xeae y32cb w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(13)<span class=\"_ _335\"> </span></div></td><td class=\"c n xeaf y32cb w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n xeb0 y32cb w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w348 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls19 ws9e\">O<span class=\"_ _9\"></span>ther<span class=\"_ _335\"> </span></div></td><td class=\"c n xeb1 y32cc w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xeb2 y32cc w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xeb3 y32cc w25 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n xeb4 y32cc w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(3)<span class=\"_ _335\"> </span></div></td><td class=\"c n xeb5 y32cc w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xeb6 y32cc w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n xeb7 y32cc w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n xa18 y32cc w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(14)<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n xeb8 y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">15<span class=\"_ _335\"> </span></div></td><td class=\"c n xeb9 y32cd w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(9)<span class=\"_ _335\"> </span></div></td><td class=\"c n xeba y32cd w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">110<span class=\"_ _335\"> </span></div></td><td class=\"c n xebb y32cd w8d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(3)<span class=\"_ _335\"> </span></div></td><td class=\"c n xebc y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">16<span class=\"_ _335\"> </span></div></td><td class=\"c n xebd y32cd w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(9)<span class=\"_ _335\"> </span></div></td><td class=\"c n xebe y32cd w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">128<span class=\"_ _335\"> </span></div></td><td class=\"c n xebf y32cd w32 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(14)<span class=\"_ _335\"> </span></div></td></tr></table>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfTransactionsBetweenRelatedPartiesExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-393": {
   "value": "39<span class=\"_ _c6\"> </span><span class=\"fc4 lsd2 wsf3\">REL<span class=\"_ _9\"></span>A<span class=\"_ _11\"></span>TED P<span class=\"_ _11\"></span>ARTY TRANSACTIONS<span class=\"_ _335\"> </span></span>SUBSIDIARIES<span class=\"_ _335\"> </span>Durin<span class=\"_ _9\"></span>g the yea<span class=\"_ _9\"></span>r<span class=\"_ _11\"></span>, the Co<span class=\"_ _9\"></span>mpany ente<span class=\"_ _9\"></span>red in<span class=\"_ _9\"></span>to transa<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tion<span class=\"_ _9\"></span>s, in the nor<span class=\"_ _9\"></span>mal cou<span class=\"_ _9\"></span>rse o<span class=\"_ _9\"></span>f busin<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>s, with re<span class=\"_ _9\"></span>late<span class=\"_ _9\"></span>d par<span class=\"_ _a\"></span>ties as fo<span class=\"_ _9\"></span>llows:<span class=\"_ _335\"> </span><table class=\"s w220 hd4\" id=\"_a5fee197-ab07-44a7-9bf0-1d2eed305b12\"><tr><td></td><td class=\"t m0 x2ba h15 y3577 ff2 fsd fc2 sc0 ls3f wsbc\">2026 </td><td class=\"t m0 x247 h15 y3577 ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24d h15 y3578 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y3578 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c x24f y32e3 w341 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1f wsb3\">T<span class=\"_ _11\"></span>ransactions with subsidiar<span class=\"_ _9\"></span>y under<span class=\"_ _9\"></span>takings</div><div class=\"t m0 xe7a h16 y32a3 ff2 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div><div class=\"t m0 xb08 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">:<span class=\"_ _335\"> </span></div></td><td></td><td></td></tr><tr><td class=\"c n x24f y32cb w342 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1e wsb4\">Recharge of<span class=\"_ _2\"></span> costs<span class=\"_ _335\"> </span></div></td><td class=\"c n xe7b y32cb w30 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(317)<span class=\"_ _335\"> </span></div></td><td class=\"c n xe7c y32cb w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(306)<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w343 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Dividends received<span class=\"_ _335\"> </span></div></td><td class=\"c n x72c y32cc w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">500<span class=\"_ _335\"> </span></div></td><td class=\"c n x60b y32cc w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">900<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cd w94 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Intere<span class=\"_ _9\"></span>st p<span class=\"_ _9\"></span>aid<span class=\"_ _335\"> </span></div></td><td class=\"c n x366 y32cd w2b hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(79)<span class=\"_ _335\"> </span></div></td><td class=\"c n xe7c y32cd w29 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(108)<span class=\"_ _335\"> </span></div></td></tr></table>1. <span class=\"_ _9\"></span>A<span class=\"_ _9\"></span>ll si<span class=\"_ _9\"></span>gnific<span class=\"_ _9\"></span>ant c<span class=\"_ _9\"></span>as<span class=\"_ _9\"></span>h pa<span class=\"_ _9\"></span>ym<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s fo<span class=\"_ _9\"></span>r th<span class=\"_ _9\"></span>e Paren<span class=\"_ _9\"></span>t Co<span class=\"_ _9\"></span>mpa<span class=\"_ _9\"></span>ny<span class=\"_ _11\"></span>, i<span class=\"_ _9\"></span>ncl<span class=\"_ _9\"></span>udi<span class=\"_ _9\"></span>ng di<span class=\"_ _9\"></span>vi<span class=\"_ _9\"></span>de<span class=\"_ _9\"></span>nd p<span class=\"_ _9\"></span>ay<span class=\"_ _9\"></span>me<span class=\"_ _9\"></span>nt<span class=\"_ _9\"></span>s, are m<span class=\"_ _9\"></span>ad<span class=\"_ _9\"></span>e by the G<span class=\"_ _9\"></span>ro<span class=\"_ _9\"></span>up\u2019s treas<span class=\"_ _9\"></span>ur<span class=\"_ _9\"></span>y f<span class=\"_ _9\"></span>unc<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>ion i<span class=\"_ _9\"></span>n ac<span class=\"_ _9\"></span>cor<span class=\"_ _9\"></span>dan<span class=\"_ _9\"></span>ce w<span class=\"_ _9\"></span>ith t<span class=\"_ _9\"></span>he G<span class=\"_ _9\"></span>rou<span class=\"_ _9\"></span>p\u2019<span class=\"_ _2\"></span>s finan<span class=\"_ _9\"></span>ci<span class=\"_ _9\"></span>al<span class=\"_ _335\"> </span> risk manag<span class=\"_ _2\"></span>ement policy<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span>JOINT ARR<span class=\"_ _9\"></span>ANGEMENTS<span class=\"_ _335\"> </span>As di<span class=\"_ _9\"></span>sclo<span class=\"_ _9\"></span>sed i<span class=\"_ _9\"></span>n note 15, the Gr<span class=\"_ _9\"></span>oup has inve<span class=\"_ _9\"></span>st<span class=\"_ _9\"></span>ment<span class=\"_ _9\"></span>s in a numb<span class=\"_ _9\"></span>er of j<span class=\"_ _9\"></span>oint arra<span class=\"_ _9\"></span>ngem<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s. Detail<span class=\"_ _9\"></span>s of trans<span class=\"_ _9\"></span>ac<span class=\"_ _9\"></span>tio<span class=\"_ _9\"></span>ns and b<span class=\"_ _9\"></span>alan<span class=\"_ _9\"></span>ces b<span class=\"_ _9\"></span>et<span class=\"_ _9\"></span>we<span class=\"_ _9\"></span>en the G<span class=\"_ _9\"></span>roup<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> and it<span class=\"_ _9\"></span>s join<span class=\"_ _9\"></span>t arrang<span class=\"_ _9\"></span>eme<span class=\"_ _9\"></span>nts ar<span class=\"_ _9\"></span>e as foll<span class=\"_ _9\"></span>ows:<span class=\"_ _335\"> </span><table class=\"s w344 h109\" id=\"_400651f8-25b5-4576-961e-d1afa5bbf3b0\"><tr><td></td><td></td><td></td><td></td><td class=\"c n xe7d y3579 w345 hbc\"><div class=\"t m0 x239 h15 y3229 ff2 fsd fc2 sc0 ls74 ws1\">Y<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>ar e<span class=\"_ _9\"></span>nd<span class=\"_ _9\"></span>ed an<span class=\"_ _9\"></span>d as a<span class=\"_ _9\"></span>t 31 Marc<span class=\"_ _9\"></span>h 2026<span class=\"_ _335\"> </span></div></td><td></td><td class=\"c n xe7e y3579 w346 hbc\"><div class=\"t m0 x239 h15 y3229 ff3 fsd fc2 sc0 ls74 ws1\">Y<span class=\"_ _11\"></span>e<span class=\"_ _9\"></span>ar e<span class=\"_ _9\"></span>nd<span class=\"_ _9\"></span>ed a<span class=\"_ _9\"></span>nd a<span class=\"_ _9\"></span>s at 31 Marc<span class=\"_ _9\"></span>h 2025<span class=\"_ _335\"> </span></div></td><td></td><td></td></tr><tr><td></td><td></td><td class=\"t m0 xe7f h15 y357a ff2 fsd fc2 sc0 ls1 ws1\">Net </td><td class=\"t m0 xe80 h15 y357b ff2 fsd fc2 sc0 ls7a ws1a8\">Amounts </td><td class=\"t m0 xe81 h15 y357c ff2 fsd fc2 sc0 ls7a ws1a8\">Amounts </td><td></td><td class=\"t m0 xe82 h15 y357d ff3 fsd fc2 sc0 ls1 ws1\">Net </td><td class=\"t m0 xde3 h15 y357e ff3 fsd fc2 sc0 ls1 ws1\">Amounts </td><td class=\"t m0 xe83 h15 y357f ff3 fsd fc2 sc0 ls1 ws1\">Amounts </td></tr><tr><td></td><td></td><td class=\"t m0 xe84 h15 y3580 ff2 fsd fc2 sc0 ls7a ws1a8\">inv<span class=\"_ _11\"></span>estments </td><td class=\"t m0 xaf0 h15 y3581 ff2 fsd fc2 sc0 ls36 ws7e\">owed by<span class=\"_ _9\"></span> </td><td class=\"t m0 xe85 h15 y3582 ff2 fsd fc2 sc0 ls74 ws1\">owed to<span class=\"_ _9\"></span> </td><td></td><td class=\"t m0 xe86 h15 y3583 ff3 fsd fc2 sc0 ls1 ws1\">investments </td><td class=\"t m0 xaf5 h15 y3584 ff3 fsd fc2 sc0 ls74 ws1\">owe<span class=\"_ _9\"></span>d by </td><td class=\"t m0 xdd9 h15 y3585 ff3 fsd fc2 sc0 ls74 ws1\">owe<span class=\"_ _9\"></span>d to </td></tr><tr><td></td><td class=\"t m0 xe87 h15 y3586 ff2 fsd fc2 sc0 ls75 ws7a\">Income/ </td><td class=\"t m0 xe88 h15 y3587 ff2 fsd fc2 sc0 ls87 ws8b\">into joint </td><td class=\"t m0 xe89 h15 y3588 ff2 fsd fc2 sc0 ls1 ws1\">joint </td><td class=\"t m0 x43b h15 y3589 ff2 fsd fc2 sc0 ls1 ws1\">joint </td><td class=\"t m0 xe8a h15 y3589 ff3 fsd fc2 sc0 ls41 ws7c\">Income/<span class=\"_ _335\"> </span></td><td class=\"t m0 xe8b h15 y358a ff3 fsd fc2 sc0 ls1 ws8e\">into joint </td><td class=\"t m0 xe8c h15 y358b ff3 fsd fc2 sc0 ls1 ws1\">joint </td><td class=\"t m0 x440 h15 y358c ff3 fsd fc2 sc0 ls76 ws13e\">joint<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 xe8d h15 y358d ff2 fsd fc2 sc0 ls16f ws1b1\">(e<span class=\"_ _9\"></span>x<span class=\"_ _9\"></span>p<span class=\"_ _9\"></span>e<span class=\"_ _a\"></span>n<span class=\"_ _9\"></span>s<span class=\"_ _9\"></span>e)<span class=\"_ _335\"> </span></td><td class=\"t m0 xe8e h15 y358e ff2 fsd fc2 sc0 ls3a ws37\">ventur<span class=\"_ _9\"></span>es<span class=\"_ _335\"> </span></td><td class=\"t m0 xe8f h15 y358f ff2 fsd fc2 sc0 ls3a ws37\">ventur<span class=\"_ _9\"></span>es<span class=\"_ _335\"> </span></td><td class=\"t m0 xe90 h15 y3590 ff2 fsd fc2 sc0 ls3a ws37\">ventur<span class=\"_ _9\"></span>es<span class=\"_ _335\"> </span></td><td class=\"t m0 xe91 h15 y3590 ff3 fsd fc2 sc0 ls13c ws195\">(e<span class=\"_ _9\"></span>x<span class=\"_ _9\"></span>p<span class=\"_ _9\"></span>e<span class=\"_ _a\"></span>ns<span class=\"_ _a\"></span>e)<span class=\"_ _335\"> </span></td><td class=\"t m0 xaff h15 y3591 ff3 fsd fc2 sc0 ls113 ws13f\">ventures<span class=\"_ _335\"> </span></td><td class=\"t m0 xe92 h15 y3592 ff3 fsd fc2 sc0 ls113 ws13f\">ventures<span class=\"_ _335\"> </span></td><td class=\"t m0 xe93 h15 y3593 ff3 fsd fc2 sc0 ls113 ws13f\">ventures<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 xe94 h15 y3594 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 xe95 h15 y3595 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 xe96 h15 y3596 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 xe97 h15 y3597 ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 xe98 h15 y3597 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 xb06 h15 y3598 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 xb07 h15 y3599 ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x446 h15 y359a ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x447 y32c9 w347 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Nova<span class=\"_ _11\"></span>, Vic<span class=\"_ _9\"></span>toria<span class=\"_ _335\"> </span></div></td><td class=\"c n xe99 y32c9 w25 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">9<span class=\"_ _335\"> </span></div></td><td class=\"c n xe9a y32c9 w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xe9b y32c9 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">27<span class=\"_ _335\"> </span></div></td><td class=\"c n xe9c y32c9 w37 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xe9d y32c9 w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">10<span class=\"_ _335\"> </span></div></td><td class=\"c n xe9e y32c9 w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xe9f y32c9 w34 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">45<span class=\"_ _335\"> </span></div></td><td class=\"c n xea0 y32c9 w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32ca w1d4 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws33\">South<span class=\"_ _9\"></span>side Limite<span class=\"_ _9\"></span>d Partn<span class=\"_ _9\"></span>ership<span class=\"_ _335\"> </span></div></td><td class=\"c n xea1 y32ca w25 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n xea2 y32ca w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xea3 y32ca w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">73<span class=\"_ _335\"> </span></div></td><td class=\"c n xea4 y32ca w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xea5 y32ca w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n xea6 y32ca w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(1)<span class=\"_ _335\"> </span></div></td><td class=\"c n xea7 y32ca w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">74<span class=\"_ _335\"> </span></div></td><td class=\"c n xea8 y32ca w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w1d8 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls36 ws33\">Westgate O<span class=\"_ _9\"></span>x<span class=\"_ _9\"></span>ford Allianc<span class=\"_ _9\"></span>e Limited Par<span class=\"_ _9\"></span>tner<span class=\"_ _9\"></span>ship<span class=\"_ _335\"> </span></div></td><td class=\"c n xea9 y32cb w25 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xeaa y32cb wc5 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(11)<span class=\"_ _335\"> </span></div></td><td class=\"c n xeab y32cb w25 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">7<span class=\"_ _335\"> </span></div></td><td class=\"c n xeac y32cb w37 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xead y32cb w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xeae y32cb w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(13)<span class=\"_ _335\"> </span></div></td><td class=\"c n xeaf y32cb w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n xeb0 y32cb w31 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w348 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls19 ws9e\">O<span class=\"_ _9\"></span>ther<span class=\"_ _335\"> </span></div></td><td class=\"c n xeb1 y32cc w47 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">\u2013<span class=\"_ _335\"> </span></div></td><td class=\"c n xeb2 y32cc w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">2<span class=\"_ _335\"> </span></div></td><td class=\"c n xeb3 y32cc w25 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n xeb4 y32cc w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(3)<span class=\"_ _335\"> </span></div></td><td class=\"c n xeb5 y32cc w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xeb6 y32cc w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">4<span class=\"_ _335\"> </span></div></td><td class=\"c n xeb7 y32cc w1f hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n xa18 y32cc w2a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(14)<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n xeb8 y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">15<span class=\"_ _335\"> </span></div></td><td class=\"c n xeb9 y32cd w39 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(9)<span class=\"_ _335\"> </span></div></td><td class=\"c n xeba y32cd w20 hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">110<span class=\"_ _335\"> </span></div></td><td class=\"c n xebb y32cd w8d hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">(3)<span class=\"_ _335\"> </span></div></td><td class=\"c n xebc y32cd w21 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">16<span class=\"_ _335\"> </span></div></td><td class=\"c n xebd y32cd w48 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(9)<span class=\"_ _335\"> </span></div></td><td class=\"c n xebe y32cd w23 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">128<span class=\"_ _335\"> </span></div></td><td class=\"c n xebf y32cd w32 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">(14)<span class=\"_ _335\"> </span></div></td></tr></table>REMUNER<span class=\"_ _a\"></span>A<span class=\"_ _11\"></span>TION<span class=\"_ _2\"></span> OF KEY MANA<span class=\"_ _11\"></span>GEME<span class=\"_ _9\"></span>NT P<span class=\"_ _2\"></span>ERSONNEL<span class=\"_ _335\"> </span>The remunerat<span class=\"_ _2\"></span>ion of t<span class=\"_ _2\"></span>he Directors, who are<span class=\"_ _2\"></span> the k<span class=\"_ _11\"></span>ey management personnel of the<span class=\"_ _11\"></span> G<span class=\"_ _9\"></span>roup and<span class=\"_ _11\"></span> C<span class=\"_ _9\"></span>ompany<span class=\"_ _1\"></span>, is set out below i<span class=\"_ _2\"></span>n aggregate<span class=\"_ _2\"></span> for each of the ap<span class=\"_ _9\"></span>plicab<span class=\"_ _9\"></span>le ca<span class=\"_ _9\"></span>teg<span class=\"_ _9\"></span>orie<span class=\"_ _9\"></span>s spe<span class=\"_ _9\"></span>cifie<span class=\"_ _9\"></span>d in IAS 24 \u2018Relate<span class=\"_ _9\"></span>d Par<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y Dis<span class=\"_ _9\"></span>closu<span class=\"_ _9\"></span>res\u2019<span class=\"_ _1\"></span>. F<span class=\"_ _2\"></span>ur<span class=\"_ _9\"></span>the<span class=\"_ _9\"></span>r inform<span class=\"_ _9\"></span>ation a<span class=\"_ _9\"></span>bou<span class=\"_ _9\"></span>t the re<span class=\"_ _9\"></span>mune<span class=\"_ _9\"></span>ratio<span class=\"_ _9\"></span>n of indi<span class=\"_ _9\"></span>vidu<span class=\"_ _9\"></span>al Dire<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tor<span class=\"_ _9\"></span>s is prov<span class=\"_ _9\"></span>ide<span class=\"_ _9\"></span>d in the aud<span class=\"_ _9\"></span>ited p<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>t o<span class=\"_ _9\"></span>f the Dire<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tor<span class=\"_ _9\"></span>s\u2019 Remune<span class=\"_ _9\"></span>ratio<span class=\"_ _9\"></span>n Repo<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>t on p<span class=\"_ _9\"></span>age<span class=\"_ _9\"></span>s 68-7<span class=\"_ _11\"></span>9<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span><table class=\"s w2b8 hf8\" id=\"_4a6a7041-5732-4cf0-973b-f5368ebc32c5\"><tr><td></td><td class=\"t m0 x2ba h15 y359b ff2 fsd fc2 sc0 ls3f wsbc\">2026 </td><td class=\"t m0 x247 h15 y359b ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24d h15 y359c ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y359c ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c x24f y32cb w349 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Shor<span class=\"_ _9\"></span>t-<span class=\"_ _2\"></span>term emplo<span class=\"_ _11\"></span>yee benefits</div><div class=\"t m0 xec0 h16 y32a9 ff3 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xec1 y32cb w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n xec2 y32cb w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w82 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Share-based payments<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c3 y32cc w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c4 y32cc w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n xec1 y32cd w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">8<span class=\"_ _335\"> </span></div></td><td class=\"c n xec2 y32cd w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">8<span class=\"_ _335\"> </span></div></td></tr></table>1<span class=\"_ _11\"></span>. <span class=\"_ _a\"></span>Shor<span class=\"_ _9\"></span>t-t<span class=\"_ _11\"></span>erm employee benefits<span class=\"_ _2\"></span> include<span class=\"_ _2\"></span> pension all<span class=\"_ _2\"></span>owances<span class=\"_ _11\"></span>.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfRelatedPartyExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-433": {
   "value": "<div class=\"t m0 h12 ff1 fsa fc2 sc0 ls3b ws38 gs4a9\">REMUNER<span class=\"_ _a\"></span>A<span class=\"_ _11\"></span>TION<span class=\"_ _2\"></span> OF KEY MANA<span class=\"_ _11\"></span>GEME<span class=\"_ _9\"></span>NT P<span class=\"_ _2\"></span>ERSONNEL<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls29 ws28 gs4aa\">The remunerat<span class=\"_ _2\"></span>ion of t<span class=\"_ _2\"></span>he Directors, who are<span class=\"_ _2\"></span> the k<span class=\"_ _11\"></span>ey management personnel of the<span class=\"_ _11\"></span> G<span class=\"_ _9\"></span>roup and<span class=\"_ _11\"></span> C<span class=\"_ _9\"></span>ompany<span class=\"_ _1\"></span>, is set out below i<span class=\"_ _2\"></span>n aggregate<span class=\"_ _2\"></span> for each </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs4ab\">of the ap<span class=\"_ _9\"></span>plicab<span class=\"_ _9\"></span>le ca<span class=\"_ _9\"></span>teg<span class=\"_ _9\"></span>orie<span class=\"_ _9\"></span>s spe<span class=\"_ _9\"></span>cifie<span class=\"_ _9\"></span>d in IAS 24 \u2018Relate<span class=\"_ _9\"></span>d Par<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y Dis<span class=\"_ _9\"></span>closu<span class=\"_ _9\"></span>res\u2019<span class=\"_ _1\"></span>. F<span class=\"_ _2\"></span>ur<span class=\"_ _9\"></span>the<span class=\"_ _9\"></span>r inform<span class=\"_ _9\"></span>ation a<span class=\"_ _9\"></span>bou<span class=\"_ _9\"></span>t the re<span class=\"_ _9\"></span>mune<span class=\"_ _9\"></span>ratio<span class=\"_ _9\"></span>n of indi<span class=\"_ _9\"></span>vidu<span class=\"_ _9\"></span>al Dire<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tor<span class=\"_ _9\"></span>s </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs4ac\">is prov<span class=\"_ _9\"></span>ide<span class=\"_ _9\"></span>d in the aud<span class=\"_ _9\"></span>ited p<span class=\"_ _9\"></span>ar<span class=\"_ _9\"></span>t o<span class=\"_ _9\"></span>f the Dire<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>tor<span class=\"_ _9\"></span>s\u2019 Remune<span class=\"_ _9\"></span>ratio<span class=\"_ _9\"></span>n Repo<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>t on p<span class=\"_ _9\"></span>age<span class=\"_ _9\"></span>s 68-7<span class=\"_ _11\"></span>9<span class=\"_ _11\"></span>.<span class=\"_ _335\"> </span></div><div class=\"gs4ad\"><table class=\"s w2b8 hf8\" id=\"_4a6a7041-5732-4cf0-973b-f5368ebc32c5\"><tr><td></td><td class=\"t m0 x2ba h15 y359b ff2 fsd fc2 sc0 ls3f wsbc\">2026 </td><td class=\"t m0 x247 h15 y359b ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24d h15 y359c ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y359c ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c x24f y32cb w349 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Shor<span class=\"_ _9\"></span>t-<span class=\"_ _2\"></span>term emplo<span class=\"_ _11\"></span>yee benefits</div><div class=\"t m0 xec0 h16 y32a9 ff3 fse fc2 sc0 ls1 ws1\">1<span class=\"_ _335\"> </span></div></td><td class=\"c n xec1 y32cb w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td><td class=\"c n xec2 y32cb w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">5<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w82 hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Share-based payments<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c3 y32cc w4a hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td><td class=\"c n x6c4 y32cc w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">3<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n xec1 y32cd w1f hba\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls1 ws1\">8<span class=\"_ _335\"> </span></div></td><td class=\"c n xec2 y32cd w4a hba\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls1 ws1\">8<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h4 ff3 fs2 fc2 sc0 ls7 ws6 gs4ae\">1<span class=\"_ _11\"></span>. <span class=\"_ _a\"></span>Shor<span class=\"_ _9\"></span>t-t<span class=\"_ _11\"></span>erm employee benefits<span class=\"_ _2\"></span> include<span class=\"_ _2\"></span> pension all<span class=\"_ _2\"></span>owances<span class=\"_ _11\"></span>.</div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInformationAboutKeyManagementPersonnelExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-395": {
   "value": "<div class=\"t m0 ha2 ff1 fs7 fc0 sc0 ls15e ws19a gs4b2\">40<span class=\"_ _119\"> </span><span class=\"fc4 lsd2 wsf3\">OPER<span class=\"_ _9\"></span>A<span class=\"_ _11\"></span>TING LEASE ARR<span class=\"_ _9\"></span>ANGE<span class=\"_ _9\"></span>MENTS<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h4a ff1 fs1 fc0 sc0 ls1 ws1 gs4b3\">A<span class=\"_ _1c0\"> </span><span class=\"fc2 lsd0 wsa4\">ACCOUNTING<span class=\"_ _11\"></span> POLICY<span class=\"_ _335\"> </span></span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls37 ws28 gs4b4\">The Group<span class=\"_ _2\"></span> earns rent<span class=\"_ _2\"></span>al income<span class=\"_ _2\"></span> by leasing<span class=\"_ _11\"></span> i<span class=\"_ _9\"></span>ts proper<span class=\"_ _9\"></span>ties to<span class=\"_ _2\"></span> tenants u<span class=\"_ _2\"></span>nder non-cancel<span class=\"_ _2\"></span>lable operating<span class=\"_ _11\"></span> le<span class=\"_ _9\"></span>ases. Leases i<span class=\"_ _11\"></span>n which substantia<span class=\"_ _2\"></span>lly all<span class=\"_ _11\"></span> risks<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls49 ws29 gs4b5\">and reward<span class=\"_ _9\"></span>s incid<span class=\"_ _9\"></span>ental to own<span class=\"_ _9\"></span>er<span class=\"_ _9\"></span>ship of inves<span class=\"_ _9\"></span>tm<span class=\"_ _9\"></span>ent pr<span class=\"_ _9\"></span>ope<span class=\"_ _9\"></span>r<span class=\"_ _9\"></span>tie<span class=\"_ _9\"></span>s are re<span class=\"_ _9\"></span>taine<span class=\"_ _9\"></span>d by the Gro<span class=\"_ _9\"></span>up as the l<span class=\"_ _9\"></span>ess<span class=\"_ _9\"></span>or are c<span class=\"_ _9\"></span>las<span class=\"_ _9\"></span>sified as o<span class=\"_ _9\"></span>pe<span class=\"_ _9\"></span>rating l<span class=\"_ _9\"></span>eas<span class=\"_ _9\"></span>es. Paymen<span class=\"_ _9\"></span>ts,<span class=\"_ _335\"> </span><span class=\"_ _9\"></span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls37 ws28 gs4b6\">including<span class=\"_ _11\"></span> prep<span class=\"_ _9\"></span>ayments, received under<span class=\"_ _2\"></span> operating leases (<span class=\"_ _1\"></span>ne<span class=\"_ _9\"></span>t of an<span class=\"_ _11\"></span>y incentives paid<span class=\"_ _11\"></span>) are charged to<span class=\"_ _11\"></span> the income statement on a<span class=\"_ _2\"></span> straight<span class=\"_ _11\"></span>-line basis<span class=\"_ _335\"> </span> </div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls49 ws1 gs4b7\">over the p<span class=\"_ _9\"></span>erio<span class=\"_ _9\"></span>d of the l<span class=\"_ _9\"></span>ea<span class=\"_ _9\"></span>se.<span class=\"_ _335\"> </span></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs4b8\">At the balan<span class=\"_ _9\"></span>ce sh<span class=\"_ _9\"></span>ee<span class=\"_ _9\"></span>t date, the G<span class=\"_ _9\"></span>roup ha<span class=\"_ _9\"></span>d contra<span class=\"_ _9\"></span>c<span class=\"_ _9\"></span>ted w<span class=\"_ _9\"></span>ith te<span class=\"_ _9\"></span>nant<span class=\"_ _9\"></span>s to rec<span class=\"_ _9\"></span>eive th<span class=\"_ _9\"></span>e follow<span class=\"_ _9\"></span>ing un<span class=\"_ _9\"></span>disco<span class=\"_ _9\"></span>unted f<span class=\"_ _9\"></span>uture mi<span class=\"_ _9\"></span>nimum le<span class=\"_ _9\"></span>ase p<span class=\"_ _9\"></span>ay<span class=\"_ _9\"></span>ment<span class=\"_ _9\"></span>s:<span class=\"_ _335\"> </span></div><div class=\"gs48b\"><table class=\"s w34a hff\" id=\"_27d1ffd9-ec6e-4142-ac21-570f6bf70662\"><tr><td></td><td class=\"t m0 x2ba h15 y359d ff2 fsd fc2 sc0 ls3f wsbc\">2026 </td><td class=\"t m0 x247 h15 y359d ff3 fsd fc2 sc0 ls40 wsbe\">2025<span class=\"_ _335\"> </span></td></tr><tr><td></td><td class=\"t m0 x24d h15 y359e ff2 fsd fc2 sc0 ls3a ws37\">\u00a3m<span class=\"_ _335\"> </span></td><td class=\"t m0 x24e h15 y359e ff3 fsd fc2 sc0 lsa5 ws3d\">\u00a3m<span class=\"_ _335\"> </span></td></tr><tr><td class=\"c n x24f y32e0 w34b hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls29 ws28\">Not later tha<span class=\"_ _2\"></span>n one year<span class=\"_ _335\"> </span></div></td><td class=\"c n x72c y32e0 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">417<span class=\"_ _335\"> </span></div></td><td class=\"c n x60b y32e0 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">484<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32e1 w34c hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Later th<span class=\"_ _9\"></span>an one ye<span class=\"_ _9\"></span>ar<span class=\"_ _11\"></span>, bu<span class=\"_ _9\"></span>t not m<span class=\"_ _9\"></span>ore th<span class=\"_ _9\"></span>an t<span class=\"_ _9\"></span>wo year<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xec3 y32e1 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">369<span class=\"_ _335\"> </span></div></td><td class=\"c n xec4 y32e1 w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">449<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32c9 w34d hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Later th<span class=\"_ _9\"></span>an t<span class=\"_ _9\"></span>wo year<span class=\"_ _9\"></span>s, but n<span class=\"_ _9\"></span>ot m<span class=\"_ _9\"></span>ore than th<span class=\"_ _9\"></span>ree ye<span class=\"_ _9\"></span>ars<span class=\"_ _335\"> </span></div></td><td class=\"c n xec5 y32c9 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">325<span class=\"_ _335\"> </span></div></td><td class=\"c n xec6 y32c9 w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">414<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32ca w34e hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Later th<span class=\"_ _9\"></span>an thre<span class=\"_ _9\"></span>e year<span class=\"_ _9\"></span>s, but n<span class=\"_ _9\"></span>ot mo<span class=\"_ _9\"></span>re than fo<span class=\"_ _9\"></span>ur year<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n x72d y32ca w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">285<span class=\"_ _335\"> </span></div></td><td class=\"c n x72e y32ca w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">364<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cb w34f hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">Later th<span class=\"_ _9\"></span>an four ye<span class=\"_ _9\"></span>ars, bu<span class=\"_ _9\"></span>t no<span class=\"_ _9\"></span>t mor<span class=\"_ _9\"></span>e than five ye<span class=\"_ _9\"></span>ars<span class=\"_ _335\"> </span></div></td><td class=\"c n xec7 y32cb w23 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">237<span class=\"_ _335\"> </span></div></td><td class=\"c n xec8 y32cb w22 hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">304<span class=\"_ _335\"> </span></div></td></tr><tr><td class=\"c n x24f y32cc w22b hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws1\">More th<span class=\"_ _9\"></span>an five year<span class=\"_ _9\"></span>s<span class=\"_ _335\"> </span></div></td><td class=\"c n xec9 y32cc w66 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">1,307<span class=\"_ _335\"> </span></div></td><td class=\"c n xeca y32cc w5e hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">1,763<span class=\"_ _335\"> </span></div></td></tr><tr><td></td><td class=\"c n xecb y32cd w66 hb9\"><div class=\"t m0 x239 h9 y3215 ff2 fs6 fc2 sc0 ls22 ws21\">2,940<span class=\"_ _335\"> </span></div></td><td class=\"c n xecc y32cd w5e hb9\"><div class=\"t m0 x239 h9 y3215 ff3 fs6 fc2 sc0 ls22 ws21\">3,778<span class=\"_ _335\"> </span></div></td></tr></table></div><div class=\"t m0 h9 ff3 fs6 fc2 sc0 ls22 ws1 gs4b9\">The total o<span class=\"_ _9\"></span>f contin<span class=\"_ _9\"></span>gen<span class=\"_ _9\"></span>t rent<span class=\"_ _9\"></span>s, primar<span class=\"_ _9\"></span>ily turn<span class=\"_ _9\"></span>over ba<span class=\"_ _9\"></span>sed r<span class=\"_ _9\"></span>ent<span class=\"_ _9\"></span>s, reco<span class=\"_ _9\"></span>gnis<span class=\"_ _9\"></span>ed as in<span class=\"_ _9\"></span>com<span class=\"_ _9\"></span>e during th<span class=\"_ _9\"></span>e year was <span class=\"ff2 ls36 ws77\">\u00a3<span class=\"_ _9\"></span>43m</span> (2025: \u00a32<span class=\"_ _9\"></span>5m<span class=\"_ _2\"></span>)<span class=\"_ _1\"></span>.</div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-394": {
   "value": "41<span class=\"_ _118\"> </span><span class=\"fc4 lsd2 wsf3\">EVENTS AFTER THE<span class=\"_ _2\"></span> REPORTING P<span class=\"_ _11\"></span>E<span class=\"_ _9\"></span>RIOD<span class=\"_ _335\"> </span></span>On 14 April 2026, the Group r<span class=\"_ _9\"></span>es<span class=\"_ _9\"></span>truc<span class=\"_ _a\"></span>tured it<span class=\"_ _9\"></span>s \u00a3<span class=\"_ _9\"></span>300<span class=\"_ _9\"></span>m syn<span class=\"_ _9\"></span>dica<span class=\"_ _9\"></span>ted ter<span class=\"_ _9\"></span>m loan f<span class=\"_ _9\"></span>acili<span class=\"_ _9\"></span>t<span class=\"_ _9\"></span>y on subs<span class=\"_ _9\"></span>tanti<span class=\"_ _9\"></span>ally th<span class=\"_ _9\"></span>e same te<span class=\"_ _9\"></span>rms and ex<span class=\"_ _a\"></span>tende<span class=\"_ _9\"></span>d the final<span class=\"_ _335\"> </span>matur<span class=\"_ _9\"></span>it<span class=\"_ _9\"></span>y to Novem<span class=\"_ _9\"></span>ber 2028. <span class=\"_ gsd2\"> </span>On 1 Ma<span class=\"_ _9\"></span>y 2026<span class=\"_ _2\"></span>, the Gro<span class=\"_ _9\"></span>up canc<span class=\"_ _9\"></span>elle<span class=\"_ _9\"></span>d it<span class=\"_ _9\"></span>s undra<span class=\"_ _9\"></span>wn \u00a3100m revol<span class=\"_ _9\"></span>vin<span class=\"_ _9\"></span>g bila<span class=\"_ _9\"></span>teral de<span class=\"_ _9\"></span>bt fa<span class=\"_ _9\"></span>cilit<span class=\"_ _9\"></span>y th<span class=\"_ _9\"></span>at was du<span class=\"_ _9\"></span>e to matur<span class=\"_ _9\"></span>e in Novem<span class=\"_ _9\"></span>ber 2026.<span class=\"_ _335\"> </span>No other sig<span class=\"_ _2\"></span>nifica<span class=\"_ _2\"></span>nt ev<span class=\"_ _2\"></span>ents occurred after the r<span class=\"_ _2\"></span>epor<span class=\"_ _9\"></span>ting period but before<span class=\"_ _11\"></span> the financial statements w<span class=\"_ _2\"></span>ere authori<span class=\"_ _2\"></span>sed for issue<span class=\"_ _11\"></span>.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfEventsAfterReportingPeriodExplanatory",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  },
  "fact-360": {
   "value": "Land Securities Group PLC 100 Victoria Street London SW1E 5JL",
   "dimensions": {
    "concept": "ifrs-full:AddressOfRegisteredOfficeOfEntity",
    "language": "en",
    "entity": "scheme:213800V8IAVKS37D6B88",
    "period": "2025-04-01T00:00:00/2026-04-01T00:00:00"
   }
  }
 }
}