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:DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory


      
    2017     2016  
         Notes     Carrying
    value £m
        Fair
    value £m
        Carrying
    value £m
        Fair
    value £m
     

    Available-for-sale investments:

              

    Liquid investments (Government bonds)

         a       78       78       89       89  

    Other investments

         a       918       918       985       985  

    Loans and receivables:

              

    Cash and cash equivalents

           3,833       3,833       4,897       4,897  

    Trade and other receivables and Other non-current assets in scope of IAS 39

         b       5,495       5,495       5,499       5,499  

    Financial assets at fair value through profit or loss:

              

    Trade and other receivables and Other non-current assets in scope of IAS 39

         a,b       506       506       361       361  

    Derivatives designated as at fair value through profit or loss

         a,d,e       5       5       23       23  

    Derivatives classified as held for trading under IAS 39

         a,d,e       71       71       133       133  
        

     

     

       

     

     

       

     

     

       

     

     

     

    Total financial assets

           10,906       10,906       11,987       11,987  
        

     

     

       

     

     

       

     

     

       

     

     

     

    Financial liabilities measured at amortised cost:

              

    Borrowings excluding obligations under finance leases:

              

    – bonds in a designated hedging relationship

         d       (4,315 )      (4,405 )      (3,189 )      (3,335 ) 

    – other bonds

           (11,894 )      (14,743 )      (14,111 )      (16,996 ) 

    – bank loans and overdrafts

           (236 )      (236 )      (332 )      (332 ) 

    – commercial paper

           (529 )      (529 )      (1,094 )      (1,094 ) 

    – other borrowings

           (49 )      (49 )      —         —    
        

     

     

       

     

     

       

     

     

       

     

     

     

    Total borrowings excluding obligations under finance leases

         f       (17,023 )      (19,962 )      (18,726 )      (21,757 ) 

    Obligations under finance leases

           (66 )      (66 )      (64 )      (64 ) 
        

     

     

       

     

     

       

     

     

       

     

     

     

    Total borrowings

           (17,089 )      (20,028 )      (18,790 )      (21,821 ) 

    Trade and other payables, Other provisions and certain

              

    Other non-current liabilities in scope of IAS 39

         c       (20,325 )      (20,325 )      (18,713 )      (18,713 ) 

    Financial liabilities at fair value through profit or loss:

              

    Contingent consideration liabilities

         a,c       (6,172 )      (6,172 )      (5,896 )      (5,896 ) 

    Derivatives designated as at fair value through profit or loss

         a,d,e       (26 )      (26 )      (92 )      (92 ) 

    Derivatives classified as held for trading under IAS 39

         a,d,e       (48 )      (48 )      (102 )      (102 ) 
        

     

     

       

     

     

       

     

     

       

     

     

     

    Total financial liabilities

           (43,660 )      (46,599 )      (43,593 )      (46,624 ) 
        

     

     

       

     

     

       

     

     

       

     

     

     

    Net financial assets and financial liabilities

           (32,754 )      (35,693 )      (31,606 )      (34,637 )