Notes And Other Explanatory Information [Abstract]

Smiths Group PLC - Filing #2332046

Concept 2023-08-01 to
2024-07-31
Notes and other explanatory information [abstract]
Disclosure of accounting judgements and estimates [text block]
Key estimates and significant judgements
Disclosure of allowance for credit losses [text block]
Trade receivables are disclosed net of provisions for expected credit loss, with historical write-
Disclosure of auditors' remuneration [text block]
Auditors’ remuneration
Disclosure of authorisation of financial statements [text block]
The accounts on pages 135 to 194 were approved by the Board of Directors on 23 September 2024
Disclosure of basis of consolidation [text block]
Basis of consolidation
Disclosure of basis of preparation of financial statements [text block]
Basis of preparation
Disclosure of borrowings [text block]
18. Borrowings and net debt
Disclosure of business combinations [text block]
27. Acquisitions
Disclosure of cash and cash equivalents [text block]
Cash and cash equivalents
Disclosure of cash flow statement [text block]
28. Cash-flow
Disclosure of changes in accounting policies [text block]
New accounting standards effective 2024
Disclosure of collateral [text block]
Disclosure of commitments [text block]
22. Commitments
Disclosure of credit risk [text block]
(c) Financial credit risk
Disclosure of deferred taxes [text block]
Deferred taxation assets/(liabilities)
Disclosure of depreciation and amortisation expense [text block]
Disclosure of derivative financial instruments [text block]
20. Derivative financial instruments
Disclosure of discontinued operations [text block]
ii. Discontinued operations
Disclosure of dividends [text block]
25. Dividends
Disclosure of earnings per share [text block]
5. Earnings per share
Disclosure of effect of changes in foreign exchange rates [text block]
(a) Foreign exchange risk
Disclosure of employee benefits [text block]
8. Retirement benefits
Disclosure of entity's operating segments [text block]
1. Segment information
Disclosure of events after reporting period [text block]
30. Post balance sheet events
Disclosure of fair value of financial instruments [text block]
21. Fair value of financial instruments
Disclosure of finance income (cost) [text block]
4. Net finance costs
Disclosure of financial risk management [text block]
19. Financial risk management
Disclosure of first-time adoption [text block]
On 19 July 2023, the UK Endorsement Board adopted the Amendments to IAS 12 International Tax
Disclosure of general and administrative expense [text block]
Disclosure of going concern [text block]
Going concern
Disclosure of goodwill [text block]
10. Intangible assets
Disclosure of impairment of assets [text block]
11. Impairment testing
Disclosure of income tax [text block]
6. Taxation
Disclosure of information about employees [text block]
7. Employees
Disclosure of information about key management personnel [text block]
Key management
Disclosure of inventories [text block]
15. Inventories
Disclosure of issued capital [text block]
24. Share capital
Disclosure of leases [text block]
Lease liabilities
Disclosure of liquidity risk [text block]
(d) Liquidity risk
Disclosure of material accounting policy information [text block]
Significant accounting policies
Disclosure of non-controlling interests [text block]
Non-controlling interest
Disclosure of objectives, policies and processes for managing capital [text block]
Capital management
Disclosure of other operating expense [text block]
2. Operating costs
Disclosure of other provisions, contingent liabilities and contingent assets [text block]
23. Provisions and contingent liabilities
Disclosure of prepayments and other assets [text block]
Disclosure of profit (loss) from operating activities [text block]
Disclosure of property, plant and equipment [text block]
12. Property, plant and equipment
Disclosure of related party [text block]
Related party transactions
Disclosure of research and development expense [text block]
Capitalisation of development costs
Disclosure of reserves within equity [text block]
26. Reserves
Disclosure of revenue [text block]
Analysis of revenue
Disclosure of revenue from contracts with customers [text block]
Revenue recognition
Disclosure of share-based payment arrangements [text block]
9. Employee share schemes
Disclosure of subsidiaries [text block]
31. Audit exemption taken for subsidiaries
Disclosure of tax receivables and payables [text block]
Current taxation liabilities
Disclosure of trade and other payables [text block]
17. Trade and other payables
Disclosure of trade and other receivables [text block]
16. Trade and other receivables
Disclosure of trading income (expense) [text block]
Segment trading performance

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