v3.25.4
Sale of businesses (Tables)
 6 Months Ended
Dec. 31, 2025
Disclosure of business disposal [abstract]  
Schedule Of Cash Consideration Received And Net Assets Disposed Of In Sale Of Businesses And Brands Cash consideration received and net assets disposed of in respect of sale of businesses and brands in the six months ended 31
December 2025 were as follows:
Diageo Operations
Italy S.p.A.
$ million
Other
$ million
Total
$ million
Sale consideration
Cash received
117
173
290
Transaction and other directly attributable costs paid
(2)
(27)
(29)
Net cash received
115
146
261
Deferred consideration receivable
3
—
3
Transaction costs payable and other directly attributable items
26
9
35
144
155
299
Net assets disposed of
Assets and liabilities held for sale
(144)
(96)
(240)
Inventories
—
1
1
(144)
(95)
(239)
Less non-controlling interest
—
28
28
Hyperinflationary adjustment recycled from other comprehensive
income
—
22
22
Exchange recycled from other comprehensive income
(6)
(102)
(108)
(Loss)/gain on disposal before taxation
(6)
8
2
Taxation
—
(7)
(7)
(Loss)/gain on disposal after taxation
(6)
1
(5)
Condensed Cash Flow Statement Cash consideration received or paid in respect of the disposal of businesses and brands in the six months ended 31 December
2025 were as follows:
Diageo Operations
Italy S.p.A.
$ million
Other
$ million
Total
$ million
Net cash received as included in net cashflow from investing
activities
115
146
261
Cash included in disposed assets and liabilities held for sale
(127)
(14)
(141)
Net cash flow from sale of businesses and brands
(12)
132
120