Notes to the Group annual financial statements

For the year ended 31 May 2019

1.	Results of operations
1.1	Segmental summary
1.2	Revenue
1.3	Operating profit
1.4	Finance costs and finance income
1.5	Earnings per share
1.6	Cash generated by operations
2.	Group composition
2.1	Investments in and loans to associates and joint ventures
2.2	Non-controlling interests
2.3	Interests in subsidiaries, associates and joint ventures
2.4	Business combinations
3.	Financial risk management and financial instruments
3.1	Credit risk
3.2	Liquidity risk
3.3	Market risk
3.4	Capital adequacy risk
3.5	Financial assets
3.6	Financial liabilities
3.7	Financial instruments at fair value through profit and loss
4.	Non-financial instruments
4.1	Goodwill
4.2	Intangible assets
4.3	Property, plant and equipment
4.4	Inventories
4.5	Provisions
5.	Employees
5.1	Employee compensation benefit
5.2	Employee compensation and benefit expense
5.3	Directors’ emoluments
6.	Equity
6.1	Share capital
6.2	Other reserves
7.	Taxation
7.1	Income tax expense
7.2	Deferred taxation
8.	Related parties

9.	Unrecognised items
9.1	Commitments
9.2	Subsequent events
10	Accounting framework
10.1	Basis of preparation
10.2	Going concern
10.3	Standards, amendments and interpretations not yet effective
10.4	Other accounting policies
10.5	Change in accounting policy
11	Prior year errors

12	2018 accounting policies
12.1	Revenue
12.2	Financial instruments and financial risks

2019 Integrated Annual Report