INTERCONTINENTAL HOTELS GROUP PLC /NEW/ | CIK:0000858446 | 3

  • Filed: 3/8/2018
  • Entity registrant name: INTERCONTINENTAL HOTELS GROUP PLC /NEW/ (CIK: 0000858446)
  • Generator: Donnelley Financial Solutions
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/858446/000119312518074190/0001193125-18-074190-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/858446/000119312518074190/ihg-20171231.xml
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  • ifrs-full:DisclosureOfReconciliationOfSummarisedFinancialInformationOfAssociateAccountedForUsingEquityMethodToCarryingAmountOfInterestInAssociateExplanatory

    Summarised financial information in respect of the Barclay associate is set out below:

     

         31 December 2017
    $m
         31 December 2016
    $m
     

    Non-current assets

         540        552  

    Current assets

         41        19  

    Current liabilities

         (19      (283

    Non-current liabilities

         (287      (39
      

     

     

        

     

     

     

    Net assets

         275        249  
      

     

     

        

     

     

     

    Group share of reported net assets at 19.9%

         55        50  

    Adjustments to reflect capitalised costs, and additional rights and obligations under the shareholder agreement

         10        (7
      

     

     

        

     

     

     

    Carrying amount

         65        43  
      

     

     

        

     

     

     
         12 months to
    31 December 2017
    $m
         12 months to
    31 December 2016
    $m
     

    Revenue

         90        45  

    Loss for the period

         (16      (34

    Group’s share of loss for the period

         (4      (8