INTERCONTINENTAL HOTELS GROUP PLC /NEW/ | CIK:0000858446 | 3

  • Filed: 3/8/2018
  • Entity registrant name: INTERCONTINENTAL HOTELS GROUP PLC /NEW/ (CIK: 0000858446)
  • Generator: Donnelley Financial Solutions
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/858446/000119312518074190/0001193125-18-074190-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/858446/000119312518074190/ihg-20171231.xml
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    • ifrs-full:DisclosureOfCommitmentsExplanatory

    29. Capital and other commitments

     

         2017
    $m    		      2016
    $m    		  

    Contracts placed for expenditure not provided for in the Financial Statements:

    		      

    Property, plant and equipment

    		      18        11  

    Intangible assets

    		      86        86  
      

     

     

    		     

     

     

    		  
         104        97  
      

     

     

    		     

     

     

    		  

    The Group has also committed to invest in a number of its associates, with an estimated outstanding commitment of $33m at 31 December 2017 (2016: $36m) based on current forecasts. A loan facility of $5m (2016: $nil) has also been made available to a hotel owner which was undrawn at 31 December 2017.