Results Adjusted Results Adjusting Items Statutory Results Profit or loss [table] Profit or loss [line items] Profit or loss Net operating expenses Operating profit/(loss) before joint ventures and associates Share of results of joint ventures and associates Operating profit/(loss) Profit/(loss) on disposal of subsididaries and operations Profit/(loss) before tax Tax (charge)/credit Profit/(loss) for the year – Equity holders of the Company – Non-controlling interests – Basic (p) – Diluted (p) Remeasurement of the net retirement benefit pension obligation Tax (charge)/credit relating to items that will not be reclassified to profit or loss Total items that will not be reclassified subsequently to profit or loss Exchange gain/(loss) on translation of foreign operations Exchange gain/(loss) on net investment hedge Loss on derivatives in net investment hedging relationships Fair value (loss)/gain arising on hedging instruments Less: gain/(loss) reclassified to profit or loss Movement in cost of hedging reserve Tax (charge)/credit relating to items that may be reclassified subsequently to profit or loss Total items that may be reclassified subsequently to profit or loss Other comprehensive income/(expense) for the year Total comprehensive income/(expense) for the year – Equity holders of the Company – Non-controlling interests Statement of changes in equity At 1 January 2020 (restated) Loss for the year Exchange gain on translation of foreign operations Loss arising on derivative hedges Tax relating to components of other comprehensive income Dividends to non-controlling interests Share award expense Issue of share capital Own shares purchased Transfer of vested LTIPs Disposal of non-controlling interest Exchange gain/(loss) on net investment hedge Gain arising on derivative hedges Transaction costs associated with share issuances interest Statement of financial position Other intangible assets Proper ty and equipment Right of use assets Investments in joint ventures and associates Other investments Retirement benefit surplus Finance lease receivables Other receivables Derivative financial instruments Inventory Trade and other receivables Current tax asset Finance lease receivables Derivative financial instruments Total assets Borrowings Lease liabilities Derivative financial instruments Provisions Trade and other payables Deferred income Borrowings Lease liabilities Derivative financial instruments Retirement benefit obligation Provisions Trade and other payables Deferred income Total liabilities Net assets Share capital Share premium account Translation reser ve Equity attributable to equit y holders of the parent Non-controlling interest Statement of cash flows Cash generated by operations Income taxes paid Interest paid Net cash inflow/(outflow) from operating activities Interest received Dividends received from investments Purchase of property and equipment Purchase of intangible software assets Product development costs additions Purchase of intangibles related to titles, brands and customer relationships Acquisition of subsidiaries and operations, net of cash acquired Acquisition of investment Proceeds from disposal of subsidiaries and operations Net cash inflow/(outflow) from investing activities Dividends paid to Shareholders Dividends paid to non-controlling interests Proceeds from EMTN bond issuance Repayment of loans Repayment of private placement borrowings Borrowing fees paid Repayment of the principal lease liabilities Finance lease receipts Acquisition of non-controlling interests Cash outflow from purchase of shares Cash inflow from issue of shares Net cash (outflow)/inflow from financing activities Net increase in cash and cash equivalents Effect of foreign exchange rate changes Cash and cash equivalents at beginning of the year Cash and cash equivalents at end of the year