SMITH & NEPHEW PLC | CIK:0000845982 | 3

  • Filed: 3/5/2018
  • Entity registrant name: SMITH & NEPHEW PLC (CIK: 0000845982)
  • Generator: Merrill
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/845982/000155837018001490/0001558370-18-001490-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/845982/000155837018001490/snn-20171231.xml
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  • ifrs-full:DisclosureOfTradeAndOtherPayablesExplanatory

    14 TRADE AND OTHER PAYABLES

     

     

     

     

     

     

     

      

    2017

     

    2016

     

     

        

    $ million

        

    $ million

     

    Trade and other payables due within one year

     

      

     

      

     

    Trade and other payables

     

    873

     

    807

     

    Derivatives – forward foreign exchange, currency swaps and interest rate contracts

     

    48

     

    39

     

    Acquisition consideration

     

    36

     

    38

     

     

     

    957

     

    884

     

    Other payables due after one year

     

      

     

      

     

    Acquisition consideration

     

    124

     

    82

     

    Other payables

     

     4

     

     –

     

     

     

    128

     

    82

     

    The acquisition consideration includes $104m (2016: $56m) contingent upon future events.

    The acquisition consideration due after more than one year is expected to be payable as follows: $50m in 2019, $24m in 2020, $43m in 2021, $2m in 2022, and $5m due in over five years (2016: $29m in 2018, $8m in 2019 and $20m in 2020, $11m in 2021, and $14m due in over five years).