The estimated impacts of adjustments 1. to 5. on the 2017 results are as follows:
Impact |
Group revenue $m |
Group operating profit $m |
Group net liabilities $m |
|||||||||
1. Employee cost reimbursements |
1,103 | — | — | |||||||||
2. Initial franchise and re-licensing fees |
(14 | ) | (14 | ) | (111 | ) | ||||||
3. Contract acquisition costs |
— | 5 | 43 | |||||||||
4. Key money |
(17 | ) | — | — | ||||||||
5. Derecognition of management contracts |
— | 8 | (192 | ) | ||||||||
Other |
2 | — | 1 | |||||||||
|
|
|
|
|
|
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1,074 | (1 | ) | (259 | ) |