| Dec'17 | Dec'16 | |||||
|---|---|---|---|---|---|---|
ASSETS | ||||||
Property, plant and equipment | ||||||
425 | 419 | |||||
Goodwill and other intangible assets | ||||||
1,467 | 1,292 | |||||
Investment in associates and joint ventures | ||||||
141 | 111 | |||||
Trade and other receivables | ||||||
- | 8 | |||||
Retirement benefit assets | ||||||
3 | - | |||||
Other financial assets | ||||||
228 | 248 | |||||
Non-current tax receivable | ||||||
16 | 23 | |||||
Deferred tax assets | ||||||
56 | 48 | |||||
Total non-current assets | ||||||
2,336 | 2,149 | |||||
Inventories | ||||||
3 | 3 | |||||
Trade and other receivables | ||||||
551 | 472 | |||||
Current tax receivable | ||||||
101 | 77 | |||||
Other financial assets | ||||||
16 | 20 | |||||
Cash and cash equivalents | ||||||
168 | 206 | |||||
Total current assets | ||||||
839 | 778 | |||||
Total assets | ||||||
3,175 | 2,927 | |||||
LIABILITIES | ||||||
Loans and other borrowings | ||||||
126 | 106 | |||||
Derivative financial instruments | ||||||
- | 3 | |||||
Loyalty programme liability | ||||||
343 | 291 | |||||
Trade and other payables | ||||||
768 | 681 | |||||
Provisions | ||||||
3 | 3 | |||||
Current tax payable | ||||||
64 | 50 | |||||
Total current liabilities | ||||||
1,304 | 1,134 | |||||
Loans and other borrowings | ||||||
1,893 | 1,606 | |||||
Retirement benefit obligations | ||||||
104 | 96 | |||||
Loyalty programme liability | ||||||
417 | 394 | |||||
Trade and other payables | ||||||
121 | 200 | |||||
Provisions | ||||||
5 | 5 | |||||
Non-current tax payable | ||||||
25 | - | |||||
Deferred tax liabilities | ||||||
157 | 251 | |||||
Total non-current liabilities | ||||||
2,722 | 2,552 | |||||
Total liabilities | ||||||
4,026 | 3,686 | |||||
Net liabilities | ||||||
-851 | -759 | |||||
EQUITY | ||||||
Equity share capital | ||||||
154 | 141 | |||||
Capital redemption reserve | ||||||
10 | 9 | |||||
Shares held by employee share trusts | ||||||
5 | 11 | |||||
Other reserves | ||||||
-2,874 | -2,860 | |||||
Unrealised gains and losses reserve | ||||||
79 | 111 | |||||
Currency translation reserve | ||||||
373 | 451 | |||||
Retained earnings | ||||||
1,405 | 1,392 | |||||
IHG shareholders' equity | ||||||
-858 | -767 | |||||
Non-controlling interest | ||||||
7 | 8 | |||||
Total equity | ||||||
-851 | -759 | |||||