GLAXOSMITHKLINE PLC | CIK:0001131399 | 3

  • Filed: 3/20/2018
  • Entity registrant name: GLAXOSMITHKLINE PLC (CIK: 0001131399)
  • Generator: Donnelley Financial Solutions
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1131399/000119312518088407/0001193125-18-088407-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1131399/000119312518088407/gsk-20171231.xml
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  • ifrs-full:DisclosureOfFairValueOfFinancialInstrumentsExplanatory

         Level 1      Level 2     Level 3     Total  

    At 31 December 2017

       £m      £m     £m     £m  

    Financial assets at fair value

             

    Available–for–sale financial assets:

             

    Liquid investments

         77        1       —         78  

    Other investments

         535        —         383       918  

    Other non-current assets

         —          —         38       38  

    Financial assets at fair value through profit or loss:

             

    Other non-current assets

         —          382       44       426  

    Trade and other receivables

         —          —         42       42  

    Derivatives designated as at fair value through profit or loss

         —          5       —         5  

    Derivatives classified as held for trading under IAS 39

         —          62       9       71  
      

     

     

        

     

     

       

     

     

       

     

     

     
         612        450       516       1,578  
      

     

     

        

     

     

       

     

     

       

     

     

     

    Financial liabilities at fair value

             

    Financial liabilities at fair value through profit or loss:

             

    Contingent consideration liabilities

         —          —         (6,172     (6,172

    Derivatives designated as at fair value through profit or loss

         —          (26     —         (26

    Derivatives classified as held for trading under IAS 39

         —          (47     (1     (48
      

     

     

        

     

     

       

     

     

       

     

     

     
         —          (73     (6,173     (6,246
      

     

     

        

     

     

       

     

     

       

     

     

     
         Level 1      Level 2     Level 3     Total  

    At 31 December 2016

       £m      £m     £m     £m  

    Financial assets at fair value

             

    Available–for–sale financial assets:

             

    Liquid investments

         84        5       —         89  

    Other investments

         580        —         405       985  

    Other non-current assets

         —          —         6       6  

    Financial assets at fair value through profit or loss:

             

    Other non-current assets

         —          355       —         355  

    Derivatives designated as at fair value through profit or loss

         —          23       —         23  

    Derivatives classified as held for trading under IAS 39

         —          133       —         133  
      

     

     

        

     

     

       

     

     

       

     

     

     
         664        516       411       1,591  
      

     

     

        

     

     

       

     

     

       

     

     

     

    Financial liabilities at fair value

             

    Financial liabilities at fair value through profit or loss:

             

    Contingent consideration liabilities

         —          —         (5,896     (5,896

    Derivatives designated as at fair value through profit or loss

         —          (92     —         (92

    Derivatives classified as held for trading under IAS 39

         —          (101     (1     (102
      

     

     

        

     

     

       

     

     

       

     

     

     
         —          (193     (5,897     (6,090