20-F 1 deo-20230630.htm 20-F deo-20230630
false2023FY0000835403.2893500008354032022-07-012023-06-300000835403dei:BusinessContactMember2022-07-012023-06-300000835403dei:AdrMember2022-07-012023-06-300000835403ifrs-full:OrdinarySharesMember2022-07-012023-06-3000008354032023-06-30xbrli:shares0000835403currency:EURdeo:EuropeanDebtIssuanceProgrammeMember2023-06-30iso4217:EUR0000835403currency:USDdeo:USShelfProgrammeMember2023-06-30iso4217:USDiso4217:GBP00008354032021-07-012022-06-3000008354032020-07-012021-06-30iso4217:GBPxbrli:shares00008354032022-06-300000835403ifrs-full:IssuedCapitalMember2020-06-300000835403ifrs-full:SharePremiumMember2020-06-300000835403ifrs-full:CapitalRedemptionReserveMember2020-06-300000835403deo:ReserveOfCashFlowHedgesAndExchangeDifferencesOnTranslationMember2020-06-300000835403ifrs-full:TreasurySharesMember2020-06-300000835403deo:OtherRetainedEarningsMember2020-06-300000835403ifrs-full:RetainedEarningsMember2020-06-300000835403ifrs-full:EquityAttributableToOwnersOfParentMember2020-06-300000835403ifrs-full:NoncontrollingInterestsMember2020-06-3000008354032020-06-300000835403deo:OtherRetainedEarningsMember2020-07-012021-06-300000835403ifrs-full:RetainedEarningsMember2020-07-012021-06-300000835403ifrs-full:EquityAttributableToOwnersOfParentMember2020-07-012021-06-300000835403ifrs-full:NoncontrollingInterestsMember2020-07-012021-06-300000835403deo:ReserveOfCashFlowHedgesAndExchangeDifferencesOnTranslationMember2020-07-012021-06-300000835403ifrs-full:TreasurySharesMember2020-07-012021-06-300000835403ifrs-full:IssuedCapitalMember2020-07-012021-06-300000835403ifrs-full:CapitalRedemptionReserveMember2020-07-012021-06-300000835403ifrs-full:IssuedCapitalMember2021-06-300000835403ifrs-full:SharePremiumMember2021-06-300000835403ifrs-full:CapitalRedemptionReserveMember2021-06-300000835403deo:ReserveOfCashFlowHedgesAndExchangeDifferencesOnTranslationMember2021-06-300000835403ifrs-full:TreasurySharesMember2021-06-300000835403deo:OtherRetainedEarningsMember2021-06-300000835403ifrs-full:RetainedEarningsMember2021-06-300000835403ifrs-full:EquityAttributableToOwnersOfParentMember2021-06-300000835403ifrs-full:NoncontrollingInterestsMember2021-06-3000008354032021-06-300000835403deo:OtherRetainedEarningsMemberdeo:IncreaseDecreaseDueToAdjustmentRelatedToHyperinflationEquityMember2021-06-300000835403deo:IncreaseDecreaseDueToAdjustmentRelatedToHyperinflationEquityMemberifrs-full:RetainedEarningsMember2021-06-300000835403deo:IncreaseDecreaseDueToAdjustmentRelatedToHyperinflationEquityMemberifrs-full:EquityAttributableToOwnersOfParentMember2021-06-300000835403deo:IncreaseDecreaseDueToAdjustmentRelatedToHyperinflationEquityMember2021-06-300000835403ifrs-full:IssuedCapitalMemberdeo:OpeningBalanceAfterAdjustmentCumulativeEffectAtDateOfAdjustmentMember2021-06-300000835403ifrs-full:SharePremiumMemberdeo:OpeningBalanceAfterAdjustmentCumulativeEffectAtDateOfAdjustmentMember2021-06-300000835403deo:OpeningBalanceAfterAdjustmentCumulativeEffectAtDateOfAdjustmentMemberifrs-full:CapitalRedemptionReserveMember2021-06-300000835403deo:ReserveOfCashFlowHedgesAndExchangeDifferencesOnTranslationMemberdeo:OpeningBalanceAfterAdjustmentCumulativeEffectAtDateOfAdjustmentMember2021-06-300000835403deo:OpeningBalanceAfterAdjustmentCumulativeEffectAtDateOfAdjustmentMemberifrs-full:TreasurySharesMember2021-06-300000835403deo:OtherRetainedEarningsMemberdeo:OpeningBalanceAfterAdjustmentCumulativeEffectAtDateOfAdjustmentMember2021-06-300000835403ifrs-full:RetainedEarningsMemberdeo:OpeningBalanceAfterAdjustmentCumulativeEffectAtDateOfAdjustmentMember2021-06-300000835403ifrs-full:EquityAttributableToOwnersOfParentMemberdeo:OpeningBalanceAfterAdjustmentCumulativeEffectAtDateOfAdjustmentMember2021-06-300000835403deo:OpeningBalanceAfterAdjustmentCumulativeEffectAtDateOfAdjustmentMemberifrs-full:NoncontrollingInterestsMember2021-06-300000835403deo:OpeningBalanceAfterAdjustmentCumulativeEffectAtDateOfAdjustmentMember2021-06-300000835403deo:OtherRetainedEarningsMember2021-07-012022-06-300000835403ifrs-full:RetainedEarningsMember2021-07-012022-06-300000835403ifrs-full:EquityAttributableToOwnersOfParentMember2021-07-012022-06-300000835403ifrs-full:NoncontrollingInterestsMember2021-07-012022-06-300000835403deo:ReserveOfCashFlowHedgesAndExchangeDifferencesOnTranslationMember2021-07-012022-06-300000835403ifrs-full:TreasurySharesMember2021-07-012022-06-300000835403ifrs-full:IssuedCapitalMember2021-07-012022-06-300000835403ifrs-full:CapitalRedemptionReserveMember2021-07-012022-06-300000835403ifrs-full:IssuedCapitalMember2022-06-300000835403ifrs-full:SharePremiumMember2022-06-300000835403ifrs-full:CapitalRedemptionReserveMember2022-06-300000835403deo:ReserveOfCashFlowHedgesAndExchangeDifferencesOnTranslationMember2022-06-300000835403ifrs-full:TreasurySharesMember2022-06-300000835403deo:OtherRetainedEarningsMember2022-06-300000835403ifrs-full:RetainedEarningsMember2022-06-300000835403ifrs-full:EquityAttributableToOwnersOfParentMember2022-06-300000835403ifrs-full:NoncontrollingInterestsMember2022-06-300000835403deo:OtherRetainedEarningsMember2022-07-012023-06-300000835403ifrs-full:RetainedEarningsMember2022-07-012023-06-300000835403ifrs-full:EquityAttributableToOwnersOfParentMember2022-07-012023-06-300000835403ifrs-full:NoncontrollingInterestsMember2022-07-012023-06-300000835403deo:ReserveOfCashFlowHedgesAndExchangeDifferencesOnTranslationMember2022-07-012023-06-300000835403ifrs-full:TreasurySharesMember2022-07-012023-06-300000835403ifrs-full:IssuedCapitalMember2022-07-012023-06-300000835403ifrs-full:CapitalRedemptionReserveMember2022-07-012023-06-300000835403ifrs-full:IssuedCapitalMember2023-06-300000835403ifrs-full:SharePremiumMember2023-06-300000835403ifrs-full:CapitalRedemptionReserveMember2023-06-300000835403deo:ReserveOfCashFlowHedgesAndExchangeDifferencesOnTranslationMember2023-06-300000835403ifrs-full:TreasurySharesMember2023-06-300000835403deo:OtherRetainedEarningsMember2023-06-300000835403ifrs-full:RetainedEarningsMember2023-06-300000835403ifrs-full:EquityAttributableToOwnersOfParentMember2023-06-300000835403ifrs-full:NoncontrollingInterestsMember2023-06-300000835403currency:USD2022-07-012023-06-30iso4217:USDiso4217:GBP0000835403currency:USD2021-07-012022-06-300000835403currency:USD2020-07-012021-06-300000835403currency:USD2023-06-300000835403currency:USD2022-06-300000835403currency:USD2021-06-300000835403currency:EUR2022-07-012023-06-30iso4217:EURiso4217:GBP0000835403currency:EUR2021-07-012022-06-300000835403currency:EUR2020-07-012021-06-300000835403currency:EUR2023-06-300000835403currency:EUR2022-06-300000835403currency:EUR2021-06-300000835403country:TRifrs-full:GoodwillMember2021-07-012022-06-30iso4217:TRY0000835403ifrs-full:BrandNamesMemberdeo:YeniRakiMember2021-07-012022-06-300000835403country:TR2022-07-012023-06-30xbrli:pure0000835403country:TR2021-07-012022-06-300000835403deo:VenezuelanBolivarSoberanoMember2023-06-30iso4217:VEBiso4217:GBP0000835403deo:VenezuelanBolivarSoberanoMember2022-06-300000835403country:VE2022-07-012023-06-300000835403country:VE2021-07-012022-06-300000835403ifrs-full:ReportedIfInComplianceWithRequirementOfIFRSMemberdeo:VenezuelanBolivarSoberanoMember2023-06-300000835403ifrs-full:ReportedIfInComplianceWithRequirementOfIFRSMemberdeo:VenezuelanBolivarSoberanoMember2022-06-300000835403country:VEifrs-full:ReportedIfInComplianceWithRequirementOfIFRSMember2022-07-012023-06-300000835403country:VEifrs-full:ReportedIfInComplianceWithRequirementOfIFRSMember2021-07-012022-06-300000835403country:VE2023-06-300000835403country:VEifrs-full:ReportedIfInComplianceWithRequirementOfIFRSMember2023-06-300000835403country:VE2022-06-300000835403country:VEifrs-full:ReportedIfInComplianceWithRequirementOfIFRSMember2022-06-300000835403ifrs-full:OperatingSegmentsMemberdeo:NorthAmericaSegmentsMember2022-07-012023-06-300000835403ifrs-full:OperatingSegmentsMemberdeo:EuropeSegmentsMember2022-07-012023-06-300000835403ifrs-full:OperatingSegmentsMemberdeo:AsiaPacificSegmentsMember2022-07-012023-06-300000835403deo:LatinAmericaAndCaribbeanSegmentsMemberifrs-full:OperatingSegmentsMember2022-07-012023-06-300000835403ifrs-full:OperatingSegmentsMemberdeo:AfricaSegmentsMember2022-07-012023-06-300000835403deo:SupplyChainAndProcurementMemberifrs-full:OperatingSegmentsMember2022-07-012023-06-300000835403ifrs-full:EliminationOfIntersegmentAmountsMember2022-07-012023-06-300000835403ifrs-full:OperatingSegmentsMember2022-07-012023-06-300000835403ifrs-full:UnallocatedAmountsMember2022-07-012023-06-300000835403ifrs-full:OperatingSegmentsMemberdeo:NorthAmericaSegmentsMember2021-07-012022-06-300000835403ifrs-full:OperatingSegmentsMemberdeo:EuropeSegmentsMember2021-07-012022-06-300000835403ifrs-full:OperatingSegmentsMemberdeo:AsiaPacificSegmentsMember2021-07-012022-06-300000835403deo:LatinAmericaAndCaribbeanSegmentsMemberifrs-full:OperatingSegmentsMember2021-07-012022-06-300000835403ifrs-full:OperatingSegmentsMemberdeo:AfricaSegmentsMember2021-07-012022-06-300000835403deo:SupplyChainAndProcurementMemberifrs-full:OperatingSegmentsMember2021-07-012022-06-300000835403ifrs-full:EliminationOfIntersegmentAmountsMember2021-07-012022-06-300000835403ifrs-full:OperatingSegmentsMember2021-07-012022-06-300000835403ifrs-full:UnallocatedAmountsMember2021-07-012022-06-300000835403ifrs-full:OperatingSegmentsMemberdeo:NorthAmericaSegmentsMember2020-07-012021-06-300000835403ifrs-full:OperatingSegmentsMemberdeo:EuropeSegmentsMember2020-07-012021-06-300000835403ifrs-full:OperatingSegmentsMemberdeo:AsiaPacificSegmentsMember2020-07-012021-06-300000835403deo:LatinAmericaAndCaribbeanSegmentsMemberifrs-full:OperatingSegmentsMember2020-07-012021-06-300000835403ifrs-full:OperatingSegmentsMemberdeo:AfricaSegmentsMember2020-07-012021-06-300000835403deo:SupplyChainAndProcurementMemberifrs-full:OperatingSegmentsMember2020-07-012021-06-300000835403ifrs-full:EliminationOfIntersegmentAmountsMember2020-07-012021-06-300000835403ifrs-full:OperatingSegmentsMember2020-07-012021-06-300000835403ifrs-full:UnallocatedAmountsMember2020-07-012021-06-300000835403deo:SpiritsMember2022-07-012023-06-300000835403deo:BeerMember2022-07-012023-06-300000835403deo:ReadyToDrinkMember2022-07-012023-06-300000835403deo:OtherProductMember2022-07-012023-06-300000835403country:US2022-07-012023-06-300000835403country:IN2022-07-012023-06-300000835403country:GB2022-07-012023-06-300000835403deo:RestOfWorldMember2022-07-012023-06-300000835403country:US2023-06-300000835403country:IN2023-06-300000835403country:GB2023-06-300000835403deo:RestOfWorldMember2023-06-300000835403deo:SpiritsMember2021-07-012022-06-300000835403deo:BeerMember2021-07-012022-06-300000835403deo:ReadyToDrinkMember2021-07-012022-06-300000835403deo:OtherProductMember2021-07-012022-06-300000835403country:US2021-07-012022-06-300000835403country:IN2021-07-012022-06-300000835403country:GB2021-07-012022-06-300000835403deo:RestOfWorldMember2021-07-012022-06-300000835403country:US2022-06-300000835403country:IN2022-06-300000835403country:GB2022-06-300000835403deo:RestOfWorldMember2022-06-300000835403deo:SpiritsMember2020-07-012021-06-300000835403deo:BeerMember2020-07-012021-06-300000835403deo:ReadyToDrinkMember2020-07-012021-06-300000835403deo:OtherProductMember2020-07-012021-06-300000835403country:US2020-07-012021-06-300000835403country:IN2020-07-012021-06-300000835403country:GB2020-07-012021-06-300000835403deo:RestOfWorldMember2020-07-012021-06-300000835403country:US2021-06-300000835403country:IN2021-06-300000835403country:GB2021-06-300000835403deo:RestOfWorldMember2021-06-300000835403deo:OtherForeignCountriesMember2022-07-012023-06-300000835403deo:OtherForeignCountriesMember2021-07-012022-06-300000835403deo:OtherForeignCountriesMember2020-07-012021-06-300000835403deo:PrincipalAuditorMember2022-07-012023-06-300000835403deo:PrincipalAuditorMember2021-07-012022-06-300000835403deo:PrincipalAuditorMember2020-07-012021-06-300000835403deo:OtherThanPrincipalAuditorMember2022-07-012023-06-300000835403deo:OtherThanPrincipalAuditorMember2021-07-012022-06-300000835403deo:OtherThanPrincipalAuditorMember2020-07-012021-06-30deo:employee0000835403deo:ExceptionalItemsMemberifrs-full:IntangibleAssetsAndGoodwillMember2022-07-012023-06-300000835403deo:ExceptionalItemsMemberifrs-full:IntangibleAssetsAndGoodwillMember2021-07-012022-06-300000835403deo:ExceptionalItemsMemberifrs-full:IntangibleAssetsAndGoodwillMember2020-07-012021-06-300000835403ifrs-full:PropertyPlantAndEquipmentMemberdeo:ExceptionalItemsMember2022-07-012023-06-300000835403ifrs-full:PropertyPlantAndEquipmentMemberdeo:ExceptionalItemsMember2021-07-012022-06-300000835403ifrs-full:PropertyPlantAndEquipmentMemberdeo:ExceptionalItemsMember2020-07-012021-06-300000835403deo:ExceptionalItemsMember2022-07-012023-06-300000835403deo:ExceptionalItemsMember2021-07-012022-06-300000835403deo:ExceptionalItemsMember2020-07-012021-06-300000835403deo:BrandGoodwillTangibleAndOtherAssetsImpairmentMember2022-07-012023-06-300000835403deo:BrandGoodwillTangibleAndOtherAssetsImpairmentMember2021-07-012022-06-300000835403deo:BrandGoodwillTangibleAndOtherAssetsImpairmentMember2020-07-012021-06-300000835403deo:SupplyChainAgilityProgrammeMember2022-07-012023-06-300000835403deo:SupplyChainAgilityProgrammeMember2021-07-012022-06-300000835403deo:SupplyChainAgilityProgrammeMember2020-07-012021-06-300000835403deo:DistributionTerminationFeeMember2022-07-012023-06-300000835403deo:DistributionTerminationFeeMember2021-07-012022-06-300000835403deo:DistributionTerminationFeeMember2020-07-012021-06-300000835403deo:WindingsDownRussianOperationsMember2022-07-012023-06-300000835403deo:WindingsDownRussianOperationsMember2021-07-012022-06-300000835403deo:WindingsDownRussianOperationsMember2020-07-012021-06-300000835403deo:OtherExceptionalOperatingItemsMember2022-07-012023-06-300000835403deo:OtherExceptionalOperatingItemsMember2021-07-012022-06-300000835403deo:OtherExceptionalOperatingItemsMember2020-07-012021-06-300000835403deo:GuinnessCamerounSAMember2022-07-012023-06-300000835403deo:GuinnessCamerounSAMember2021-07-012022-06-300000835403deo:GuinnessCamerounSAMember2020-07-012021-06-300000835403deo:ArcherBrandMember2022-07-012023-06-300000835403deo:ArcherBrandMember2021-07-012022-06-300000835403deo:ArcherBrandMember2020-07-012021-06-300000835403deo:USLPopularBrandsMember2022-07-012023-06-300000835403deo:USLPopularBrandsMember2021-07-012022-06-300000835403deo:USLPopularBrandsMember2020-07-012021-06-300000835403deo:DisposalOfUSLBusinessesMember2022-07-012023-06-300000835403deo:DisposalOfUSLBusinessesMember2021-07-012022-06-300000835403deo:DisposalOfUSLBusinessesMember2020-07-012021-06-300000835403deo:TykuBrandMember2022-07-012023-06-300000835403deo:TykuBrandMember2021-07-012022-06-300000835403deo:TykuBrandMember2020-07-012021-06-300000835403deo:SaleOfPiconBrandMember2022-07-012023-06-300000835403deo:SaleOfPiconBrandMember2021-07-012022-06-300000835403deo:SaleOfPiconBrandMember2020-07-012021-06-300000835403deo:MetaAboBreweryMember2022-07-012023-06-300000835403deo:MetaAboBreweryMember2021-07-012022-06-300000835403deo:MetaAboBreweryMember2020-07-012021-06-300000835403deo:WindsorBusinessMember2022-07-012023-06-300000835403deo:WindsorBusinessMember2021-07-012022-06-300000835403deo:WindsorBusinessMember2020-07-012021-06-300000835403deo:StepAcquisitionMember2022-07-012023-06-300000835403deo:StepAcquisitionMember2021-07-012022-06-300000835403deo:StepAcquisitionMember2020-07-012021-06-300000835403deo:OtherNonOperatingExceptionalItemsMember2022-07-012023-06-300000835403deo:OtherNonOperatingExceptionalItemsMember2021-07-012022-06-300000835403deo:OtherNonOperatingExceptionalItemsMember2020-07-012021-06-300000835403deo:McDowellsBrandImpairmentMember2021-07-012022-06-300000835403deo:BellsBrandImpairmentMember2021-07-012022-06-300000835403deo:SmirnovMemberdeo:BrandGoodwillTangibleAndOtherAssetsImpairmentMemberifrs-full:GoodwillMember2021-07-012022-06-300000835403srt:MaximumMemberdeo:SupplyChainAgilityProgrammeMember2022-07-012023-06-300000835403deo:GuinnessCamerounSAMember2022-07-012023-06-300000835403deo:ThalidomideMember2022-07-012023-06-300000835403deo:ThalidomideMember2021-07-012022-06-300000835403deo:ThalidomideMember2020-07-012021-06-300000835403deo:DonationsMember2022-07-012023-06-300000835403deo:DonationsMember2021-07-012022-06-300000835403deo:DonationsMember2020-07-012021-06-300000835403deo:IndirectTaxInKoreaMember2022-07-012023-06-300000835403deo:IndirectTaxInKoreaMember2021-07-012022-06-300000835403deo:IndirectTaxInKoreaMember2020-07-012021-06-300000835403deo:OngoingLitigationInTurkeyMember2022-07-012023-06-300000835403deo:OngoingLitigationInTurkeyMember2021-07-012022-06-300000835403deo:OngoingLitigationInTurkeyMember2020-07-012021-06-300000835403deo:SubstitutionDrawbackMember2022-07-012023-06-300000835403deo:SubstitutionDrawbackMember2021-07-012022-06-300000835403deo:SubstitutionDrawbackMember2020-07-012021-06-300000835403deo:MoetHennessyMember2022-07-012023-06-300000835403deo:MoetHennessyMember2021-06-300000835403deo:OtherJointVenturesAndAssociatesMember2021-06-300000835403deo:MoetHennessyMember2021-07-012022-06-300000835403deo:OtherJointVenturesAndAssociatesMember2021-07-012022-06-300000835403deo:MoetHennessyMember2022-06-300000835403deo:OtherJointVenturesAndAssociatesMember2022-06-300000835403deo:OtherJointVenturesAndAssociatesMember2022-07-012023-06-300000835403deo:MoetHennessyMember2023-06-300000835403deo:OtherJointVenturesAndAssociatesMember2023-06-300000835403deo:MoetHennessyMember2020-07-012021-06-300000835403ifrs-full:AtFairValueMemberdeo:MoetHennessyMember2023-06-300000835403ifrs-full:AtFairValueMemberdeo:MoetHennessyMember2022-06-300000835403ifrs-full:ForeignCountriesMember2022-07-012023-06-300000835403ifrs-full:ForeignCountriesMember2021-07-012022-06-300000835403ifrs-full:ForeignCountriesMember2020-07-012021-06-300000835403deo:USMAPMember2022-07-012023-06-300000835403deo:USMAPMember2021-07-012022-06-300000835403deo:USMAPMember2020-07-012021-06-300000835403deo:DisposalOfBusinessesAndBrandsMember2022-07-012023-06-300000835403deo:DisposalOfBusinessesAndBrandsMember2020-07-012021-06-300000835403deo:TaxRateChangeInTheUKMember2022-07-012023-06-300000835403deo:TaxRateChangeInTheUKMember2021-07-012022-06-300000835403deo:TaxRateChangeInTheUKMember2020-07-012021-06-300000835403deo:TaxRateChangeInTheNetherlandsMember2022-07-012023-06-300000835403deo:TaxRateChangeInTheNetherlandsMember2021-07-012022-06-300000835403deo:TaxRateChangeInTheNetherlandsMember2020-07-012021-06-300000835403deo:OtherExceptionalTaxItemsMember2022-07-012023-06-300000835403deo:OtherExceptionalTaxItemsMember2021-07-012022-06-300000835403deo:OtherExceptionalTaxItemsMember2020-07-012021-06-300000835403deo:UnitedKingdomAt1April2023Member2021-05-242021-05-240000835403deo:TaxRateChangeInTheNetherlandsMember2020-12-152020-12-150000835403deo:TheNetherlandsFrom2021Member2020-07-012021-06-300000835403ifrs-full:PropertyPlantAndEquipmentMember2021-06-300000835403ifrs-full:IntangibleAssetsOtherThanGoodwillMember2021-06-300000835403deo:PostEmploymentPlanMember2021-06-300000835403ifrs-full:UnusedTaxLossesMember2021-06-300000835403ifrs-full:OtherTemporaryDifferencesMember2021-06-300000835403ifrs-full:PropertyPlantAndEquipmentMember2021-07-012022-06-300000835403ifrs-full:IntangibleAssetsOtherThanGoodwillMember2021-07-012022-06-300000835403deo:PostEmploymentPlanMember2021-07-012022-06-300000835403ifrs-full:UnusedTaxLossesMember2021-07-012022-06-300000835403ifrs-full:OtherTemporaryDifferencesMember2021-07-012022-06-300000835403ifrs-full:PropertyPlantAndEquipmentMember2022-06-300000835403ifrs-full:IntangibleAssetsOtherThanGoodwillMember2022-06-300000835403deo:PostEmploymentPlanMember2022-06-300000835403ifrs-full:UnusedTaxLossesMember2022-06-300000835403ifrs-full:OtherTemporaryDifferencesMember2022-06-300000835403ifrs-full:PropertyPlantAndEquipmentMember2022-07-012023-06-300000835403ifrs-full:IntangibleAssetsOtherThanGoodwillMember2022-07-012023-06-300000835403deo:PostEmploymentPlanMember2022-07-012023-06-300000835403ifrs-full:UnusedTaxLossesMember2022-07-012023-06-300000835403ifrs-full:OtherTemporaryDifferencesMember2022-07-012023-06-300000835403ifrs-full:PropertyPlantAndEquipmentMember2023-06-300000835403ifrs-full:IntangibleAssetsOtherThanGoodwillMember2023-06-300000835403deo:PostEmploymentPlanMember2023-06-300000835403ifrs-full:UnusedTaxLossesMember2023-06-300000835403ifrs-full:OtherTemporaryDifferencesMember2023-06-300000835403deo:IndefiniteCapitalLossesMember2023-06-300000835403deo:IndefiniteCapitalLossesMember2022-06-300000835403deo:IndefiniteTradingLossesMember2023-06-300000835403deo:IndefiniteTradingLossesMember2022-06-300000835403deo:TradingAndCapitalLossesMember2023-06-300000835403deo:TradingAndCapitalLossesMember2022-06-300000835403deo:DonPapaMemberifrs-full:AtFairValueMember2023-06-300000835403ifrs-full:AtFairValueMemberdeo:OtherIndividuallyImmaterialBusinessesAcquiredMember2023-06-300000835403ifrs-full:AtFairValueMember2023-06-300000835403ifrs-full:AtFairValueMember2022-06-300000835403ifrs-full:AtFairValueMember2021-06-300000835403deo:DonPapaMember2023-06-300000835403deo:OtherIndividuallyImmaterialBusinessesAcquiredMember2023-06-300000835403deo:DonPapaMemberifrs-full:ContingentConsiderationMember2023-06-300000835403ifrs-full:ContingentConsiderationMemberdeo:OtherIndividuallyImmaterialBusinessesAcquiredMember2023-06-300000835403ifrs-full:ContingentConsiderationMember2023-06-300000835403ifrs-full:ContingentConsiderationMember2022-06-300000835403ifrs-full:ContingentConsiderationMember2021-06-300000835403deo:DonPapaMemberdeo:DeferredConsiderationMember2023-06-300000835403deo:DeferredConsiderationMemberdeo:OtherIndividuallyImmaterialBusinessesAcquiredMember2023-06-300000835403deo:DeferredConsiderationMember2023-06-300000835403deo:DeferredConsiderationMember2022-06-300000835403deo:DeferredConsiderationMember2021-06-300000835403deo:AggregatedIndividuallyImmaterialSubsidiariesMember2023-06-300000835403deo:AggregatedIndividuallyImmaterialSubsidiariesMember2022-06-300000835403deo:AggregatedIndividuallyImmaterialSubsidiariesMember2021-06-300000835403deo:PriorYearBusinessCombinationsMemberdeo:CasamigosTequilaLLCMember2023-06-300000835403deo:PriorYearBusinessCombinationsMemberdeo:CasamigosTequilaLLCMember2022-06-300000835403deo:PriorYearBusinessCombinationsMemberdeo:CasamigosTequilaLLCMember2021-06-300000835403deo:AggregatedIndividuallyImmaterialSubsidiariesMemberdeo:PriorYearBusinessCombinationsMember2023-06-300000835403deo:AggregatedIndividuallyImmaterialSubsidiariesMemberdeo:PriorYearBusinessCombinationsMember2022-06-300000835403deo:AggregatedIndividuallyImmaterialSubsidiariesMemberdeo:PriorYearBusinessCombinationsMember2021-06-300000835403ifrs-full:AggregatedIndividuallyImmaterialAssociatesMember2023-06-300000835403ifrs-full:AggregatedIndividuallyImmaterialAssociatesMember2022-06-300000835403ifrs-full:AggregatedIndividuallyImmaterialAssociatesMember2021-06-300000835403deo:DonPapaMember2023-03-100000835403deo:DeferredConsiderationMemberdeo:DonPapaMember2023-03-100000835403srt:MaximumMemberdeo:DonPapaMember2023-03-100000835403ifrs-full:ContingentConsiderationMemberdeo:DonPapaMember2023-03-100000835403deo:DonPapaMember2023-03-102023-06-300000835403deo:A21SeedMember2022-03-310000835403deo:A21SeedMembersrt:MaximumMember2022-03-310000835403deo:OtherIndividuallyImmaterialBusinessesAcquiredMember2022-06-300000835403srt:MaximumMemberdeo:OtherIndividuallyImmaterialBusinessesAcquiredMember2022-06-300000835403deo:DeferredConsiderationMemberdeo:OtherIndividuallyImmaterialBusinessesAcquiredMember2022-06-300000835403deo:AviationGinAndDavosBrandsMember2020-09-300000835403srt:MaximumMemberdeo:AviationGinAndDavosBrandsMember2020-09-30deo:transaction0000835403deo:OtherIndividuallyImmaterialBusinessesAcquiredMember2021-06-30deo:instalment0000835403srt:MaximumMemberdeo:OtherIndividuallyImmaterialBusinessesAcquiredMember2021-06-300000835403deo:DeferredConsiderationMemberdeo:OtherIndividuallyImmaterialBusinessesAcquiredMember2021-06-300000835403deo:EastAfricanBreweriesLimitedMemberdeo:DiageoKenyaLimitedMember2023-03-24iso4217:KES0000835403deo:EastAfricanBreweriesLimitedMemberdeo:DiageoKenyaLimitedMember2023-03-242023-06-300000835403deo:EastAfricanBreweriesLimitedMember2022-07-012023-03-230000835403deo:EastAfricanBreweriesLimitedMember2023-03-242023-06-300000835403deo:EastAfricanBreweriesLimitedMemberdeo:SerengetiBreweriesLimitedMember2021-06-300000835403deo:EastAfricanBreweriesLimitedMemberdeo:SerengetiBreweriesLimitedMember2020-11-060000835403deo:SerengetiBreweriesLimitedMember2019-07-302020-10-200000835403deo:SerengetiBreweriesLimitedMember2020-11-072021-06-300000835403deo:DisposalGroupDisposedofbySaleNotDiscontinuedOperationsMemberdeo:GuinnessCamerounSAMember2022-07-012023-06-300000835403deo:DisposalGroupDisposedofbySaleNotDiscontinuedOperationsMemberdeo:OtherIndividuallyImmaterialBusinessDisposedMember2022-07-012023-06-300000835403deo:DisposalGroupDisposedofbySaleNotDiscontinuedOperationsMember2022-07-012023-06-300000835403deo:DisposalGroupDisposedofbySaleNotDiscontinuedOperationsMember2021-07-012022-06-300000835403deo:DisposalGroupDisposedofbySaleNotDiscontinuedOperationsMember2020-07-012021-06-300000835403deo:DisposalGroupDisposedofbySaleNotDiscontinuedOperationsMemberdeo:GuinnessCamerounSAMember2023-06-300000835403deo:DisposalGroupDisposedofbySaleNotDiscontinuedOperationsMemberdeo:OtherIndividuallyImmaterialBusinessDisposedMember2023-06-300000835403deo:DisposalGroupDisposedofbySaleNotDiscontinuedOperationsMember2023-06-300000835403deo:DisposalGroupDisposedofbySaleNotDiscontinuedOperationsMember2022-06-300000835403deo:DisposalGroupDisposedofbySaleNotDiscontinuedOperationsMember2021-06-300000835403deo:GuinnessCamerounSAMember2023-05-262023-05-260000835403deo:GuinnessCamerounSAMember2022-07-012023-05-260000835403deo:GuinnessCamerounSAMember2021-07-012022-06-300000835403deo:GuinnessCamerounSAMember2020-07-012021-06-300000835403deo:USLPopularBrandsMember2022-09-302022-09-300000835403deo:USLPopularBrandsMember2022-07-012023-06-300000835403deo:USLPopularBrandsMember2022-07-012022-09-300000835403deo:USLPopularBrandsMember2021-07-012022-06-300000835403deo:USLPopularBrandsMember2020-07-012021-06-300000835403deo:MetaAboBreweryMember2021-07-012022-06-300000835403deo:PiconBrandMember2022-05-102022-05-100000835403deo:PiconBrandMember2021-07-012022-06-300000835403deo:UnitedNationalBreweriesMember2021-07-012022-06-30iso4217:ZAR0000835403deo:UnitedNationalBreweriesMember2020-07-012021-06-300000835403deo:UnitedNationalBreweriesMember2020-04-012020-04-010000835403deo:DisposalOfUSLBusinessesMember2020-07-012021-06-300000835403ifrs-full:ComputerSoftwareMemberifrs-full:TopOfRangeMember2022-07-012023-06-300000835403ifrs-full:GrossCarryingAmountMemberifrs-full:BrandNamesMember2021-06-300000835403ifrs-full:GoodwillMemberifrs-full:GrossCarryingAmountMember2021-06-300000835403ifrs-full:GrossCarryingAmountMemberifrs-full:OtherIntangibleAssetsMember2021-06-300000835403ifrs-full:GrossCarryingAmountMemberifrs-full:ComputerSoftwareMember2021-06-300000835403ifrs-full:GrossCarryingAmountMember2021-06-300000835403ifrs-full:GrossCarryingAmountMemberifrs-full:BrandNamesMember2021-07-012022-06-300000835403ifrs-full:GoodwillMemberifrs-full:GrossCarryingAmountMember2021-07-012022-06-300000835403ifrs-full:GrossCarryingAmountMemberifrs-full:OtherIntangibleAssetsMember2021-07-012022-06-300000835403ifrs-full:GrossCarryingAmountMemberifrs-full:ComputerSoftwareMember2021-07-012022-06-300000835403ifrs-full:GrossCarryingAmountMember2021-07-012022-06-300000835403ifrs-full:GrossCarryingAmountMemberifrs-full:BrandNamesMember2022-06-300000835403ifrs-full:GoodwillMemberifrs-full:GrossCarryingAmountMember2022-06-300000835403ifrs-full:GrossCarryingAmountMemberifrs-full:OtherIntangibleAssetsMember2022-06-300000835403ifrs-full:GrossCarryingAmountMemberifrs-full:ComputerSoftwareMember2022-06-300000835403ifrs-full:GrossCarryingAmountMember2022-06-300000835403ifrs-full:GrossCarryingAmountMemberifrs-full:BrandNamesMember2022-07-012023-06-300000835403ifrs-full:GoodwillMemberifrs-full:GrossCarryingAmountMember2022-07-012023-06-300000835403ifrs-full:GrossCarryingAmountMemberifrs-full:OtherIntangibleAssetsMember2022-07-012023-06-300000835403ifrs-full:GrossCarryingAmountMemberifrs-full:ComputerSoftwareMember2022-07-012023-06-300000835403ifrs-full:GrossCarryingAmountMember2022-07-012023-06-300000835403ifrs-full:GrossCarryingAmountMemberifrs-full:BrandNamesMember2023-06-300000835403ifrs-full:GoodwillMemberifrs-full:GrossCarryingAmountMember2023-06-300000835403ifrs-full:GrossCarryingAmountMemberifrs-full:OtherIntangibleAssetsMember2023-06-300000835403ifrs-full:GrossCarryingAmountMemberifrs-full:ComputerSoftwareMember2023-06-300000835403ifrs-full:GrossCarryingAmountMember2023-06-300000835403ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:BrandNamesMember2021-06-300000835403ifrs-full:GoodwillMemberifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember2021-06-300000835403ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:OtherIntangibleAssetsMember2021-06-300000835403ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:ComputerSoftwareMember2021-06-300000835403ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember2021-06-300000835403ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:BrandNamesMember2021-07-012022-06-300000835403ifrs-full:GoodwillMemberifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember2021-07-012022-06-300000835403ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:OtherIntangibleAssetsMember2021-07-012022-06-300000835403ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:ComputerSoftwareMember2021-07-012022-06-300000835403ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember2021-07-012022-06-300000835403ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:BrandNamesMember2022-06-300000835403ifrs-full:GoodwillMemberifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember2022-06-300000835403ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:OtherIntangibleAssetsMember2022-06-300000835403ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:ComputerSoftwareMember2022-06-300000835403ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember2022-06-300000835403ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:BrandNamesMember2022-07-012023-06-300000835403ifrs-full:GoodwillMemberifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember2022-07-012023-06-300000835403ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:OtherIntangibleAssetsMember2022-07-012023-06-300000835403ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:ComputerSoftwareMember2022-07-012023-06-300000835403ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember2022-07-012023-06-300000835403ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:BrandNamesMember2023-06-300000835403ifrs-full:GoodwillMemberifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember2023-06-300000835403ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:OtherIntangibleAssetsMember2023-06-300000835403ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:ComputerSoftwareMember2023-06-300000835403ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember2023-06-300000835403ifrs-full:BrandNamesMember2023-06-300000835403ifrs-full:GoodwillMember2023-06-300000835403ifrs-full:OtherIntangibleAssetsMember2023-06-300000835403ifrs-full:ComputerSoftwareMember2023-06-300000835403ifrs-full:BrandNamesMember2022-06-300000835403ifrs-full:GoodwillMember2022-06-300000835403ifrs-full:OtherIntangibleAssetsMember2022-06-300000835403ifrs-full:ComputerSoftwareMember2022-06-300000835403ifrs-full:BrandNamesMember2021-06-300000835403ifrs-full:GoodwillMember2021-06-300000835403ifrs-full:OtherIntangibleAssetsMember2021-06-300000835403ifrs-full:ComputerSoftwareMember2021-06-300000835403deo:CrownRoyalWhiskyMemberifrs-full:BrandNamesMember2022-07-012023-06-300000835403deo:CrownRoyalWhiskyMemberifrs-full:BrandNamesMember2023-06-300000835403deo:CrownRoyalWhiskyMemberifrs-full:BrandNamesMember2022-06-300000835403deo:CaptainMorganRumMemberifrs-full:BrandNamesMember2022-07-012023-06-300000835403deo:CaptainMorganRumMemberifrs-full:BrandNamesMember2023-06-300000835403deo:CaptainMorganRumMemberifrs-full:BrandNamesMember2022-06-300000835403deo:SmirnoffVodkaMemberifrs-full:BrandNamesMember2022-07-012023-06-300000835403deo:SmirnoffVodkaMemberifrs-full:BrandNamesMember2023-06-300000835403deo:SmirnoffVodkaMemberifrs-full:BrandNamesMember2022-06-300000835403deo:JohnnieWalkerWhiskyMemberifrs-full:BrandNamesMember2022-07-012023-06-300000835403deo:JohnnieWalkerWhiskyMemberifrs-full:BrandNamesMember2023-06-300000835403deo:JohnnieWalkerWhiskyMemberifrs-full:BrandNamesMember2022-06-300000835403deo:CasamigosTequilaMemberifrs-full:BrandNamesMember2022-07-012023-06-300000835403deo:CasamigosTequilaMemberifrs-full:BrandNamesMember2023-06-300000835403deo:CasamigosTequilaMemberifrs-full:BrandNamesMember2022-06-300000835403deo:McdowellsNumberOneWhiskyRumAndBrandyMemberifrs-full:BrandNamesMember2022-07-012023-06-300000835403deo:McdowellsNumberOneWhiskyRumAndBrandyMemberifrs-full:BrandNamesMember2023-06-300000835403deo:McdowellsNumberOneWhiskyRumAndBrandyMemberifrs-full:BrandNamesMember2022-06-300000835403deo:DonPapaMemberifrs-full:BrandNamesMember2022-07-012023-06-300000835403deo:DonPapaMemberifrs-full:BrandNamesMember2023-06-300000835403deo:DonPapaMemberifrs-full:BrandNamesMember2022-06-300000835403ifrs-full:BrandNamesMemberdeo:YeniRakiMember2022-07-012023-06-300000835403ifrs-full:BrandNamesMemberdeo:YeniRakiMember2023-06-300000835403ifrs-full:BrandNamesMemberdeo:YeniRakiMember2022-06-300000835403deo:ShuiJingFangChineseWhiteSpiritMemberifrs-full:BrandNamesMember2022-07-012023-06-300000835403deo:ShuiJingFangChineseWhiteSpiritMemberifrs-full:BrandNamesMember2023-06-300000835403deo:ShuiJingFangChineseWhiteSpiritMemberifrs-full:BrandNamesMember2022-06-300000835403deo:DonJulioTequilaMemberifrs-full:BrandNamesMember2022-07-012023-06-300000835403deo:DonJulioTequilaMemberifrs-full:BrandNamesMember2023-06-300000835403deo:DonJulioTequilaMemberifrs-full:BrandNamesMember2022-06-300000835403deo:AviationAmericanGinMemberifrs-full:BrandNamesMember2022-07-012023-06-300000835403deo:AviationAmericanGinMemberifrs-full:BrandNamesMember2023-06-300000835403deo:AviationAmericanGinMemberifrs-full:BrandNamesMember2022-06-300000835403deo:SeagramsSevenCrownWhiskeyMemberifrs-full:BrandNamesMember2022-07-012023-06-300000835403deo:SeagramsSevenCrownWhiskeyMemberifrs-full:BrandNamesMember2023-06-300000835403deo:SeagramsSevenCrownWhiskeyMemberifrs-full:BrandNamesMember2022-06-300000835403deo:SignatureWhiskyMemberifrs-full:BrandNamesMember2022-07-012023-06-300000835403deo:SignatureWhiskyMemberifrs-full:BrandNamesMember2023-06-300000835403deo:SignatureWhiskyMemberifrs-full:BrandNamesMember2022-06-300000835403deo:ZacapaRumMemberifrs-full:BrandNamesMember2022-07-012023-06-300000835403deo:ZacapaRumMemberifrs-full:BrandNamesMember2023-06-300000835403deo:ZacapaRumMemberifrs-full:BrandNamesMember2022-06-300000835403deo:BlackDogWhiskyMemberifrs-full:BrandNamesMember2022-07-012023-06-300000835403deo:BlackDogWhiskyMemberifrs-full:BrandNamesMember2023-06-300000835403deo:BlackDogWhiskyMemberifrs-full:BrandNamesMember2022-06-300000835403deo:AntiquityWhiskyMemberifrs-full:BrandNamesMember2022-07-012023-06-300000835403deo:AntiquityWhiskyMemberifrs-full:BrandNamesMember2023-06-300000835403deo:AntiquityWhiskyMemberifrs-full:BrandNamesMember2022-06-300000835403ifrs-full:BrandNamesMemberdeo:WindsorPremierWhiskyMember2022-07-012023-06-300000835403ifrs-full:BrandNamesMemberdeo:WindsorPremierWhiskyMember2023-06-300000835403ifrs-full:BrandNamesMemberdeo:WindsorPremierWhiskyMember2022-06-300000835403deo:GordonsGinMemberifrs-full:BrandNamesMember2022-07-012023-06-300000835403deo:GordonsGinMemberifrs-full:BrandNamesMember2023-06-300000835403deo:GordonsGinMemberifrs-full:BrandNamesMember2022-06-300000835403deo:BellsWhiskyMemberifrs-full:BrandNamesMember2022-07-012023-06-300000835403deo:BellsWhiskyMemberifrs-full:BrandNamesMember2023-06-300000835403deo:BellsWhiskyMemberifrs-full:BrandNamesMember2022-06-300000835403deo:OtherBrandsMemberifrs-full:BrandNamesMember2023-06-300000835403deo:OtherBrandsMemberifrs-full:BrandNamesMember2022-06-300000835403country:US2023-06-300000835403country:US2022-06-300000835403country:TR2023-06-300000835403country:TR2022-06-300000835403country:CN2023-06-300000835403country:CN2022-06-300000835403country:IN2023-06-300000835403country:IN2022-06-300000835403country:MX2023-06-300000835403country:MX2022-06-300000835403deo:OtherCashGeneratingUnitsMember2023-06-300000835403deo:OtherCashGeneratingUnitsMember2022-06-300000835403deo:KetelOneDistributionRightMember2023-06-300000835403deo:KetelOneDistributionRightMember2022-06-300000835403ifrs-full:BusinessCombinationsMember2022-07-012023-06-300000835403deo:IndiaAndUSLBrandsMember2022-07-012023-06-300000835403country:GB2023-06-300000835403country:GB2022-06-300000835403country:AU2023-06-300000835403country:AU2022-06-300000835403country:KR2023-06-300000835403country:KR2022-06-300000835403country:BR2023-06-300000835403country:BR2022-06-300000835403deo:AfricaEmergingMarketsMember2023-06-300000835403deo:AfricaEmergingMarketsMember2022-06-300000835403country:ZA2023-06-300000835403country:ZA2022-06-300000835403country:NG2023-06-300000835403country:NG2022-06-300000835403ifrs-full:BrandNamesMemberdeo:McdowellsNumberOneWhiskyRumAndBrandyMemberdeo:BrandGoodwillTangibleAndOtherAssetsImpairmentMember2022-07-012023-06-300000835403deo:DirectorsSpecialMemberifrs-full:BrandNamesMemberdeo:BrandGoodwillTangibleAndOtherAssetsImpairmentMember2022-07-012023-06-300000835403ifrs-full:BrandNamesMemberdeo:McdowellsAndDirectorsSpecialMemberdeo:BrandGoodwillTangibleAndOtherAssetsImpairmentMember2022-07-012023-06-300000835403ifrs-full:BrandNamesMemberdeo:McdowellsNumberOneWhiskyRumAndBrandyMember2023-06-300000835403deo:DirectorsSpecialMemberifrs-full:BrandNamesMember2023-06-300000835403ifrs-full:BrandNamesMemberdeo:OtherBrandsMemberdeo:BrandGoodwillTangibleAndOtherAssetsImpairmentMember2022-07-012023-06-300000835403ifrs-full:BrandNamesMemberdeo:McdowellsNumberOneWhiskyRumAndBrandyMemberdeo:BrandGoodwillTangibleAndOtherAssetsImpairmentMember2021-07-012022-06-300000835403ifrs-full:BrandNamesMemberdeo:BellsWhiskyMemberdeo:BrandGoodwillTangibleAndOtherAssetsImpairmentMember2021-07-012022-06-300000835403country:TR2021-07-012022-06-300000835403deo:McdowellsNumberOneWhiskyRumAndBrandyMember2023-06-300000835403deo:McdowellsNumberOneWhiskyRumAndBrandyMemberdeo:HeadroomMember2023-06-300000835403deo:McdowellsNumberOneWhiskyRumAndBrandyMemberdeo:IncreaseInDiscountRateMember2022-07-012023-06-300000835403deo:DecreaseInTerminalGrowthRateMemberdeo:McdowellsNumberOneWhiskyRumAndBrandyMember2022-07-012023-06-300000835403deo:McdowellsNumberOneWhiskyRumAndBrandyMemberdeo:DecreaseInAnnualGrowthRateInForecastPeriod20222029Member2022-07-012023-06-300000835403deo:DecreaseInCashFlowMemberdeo:McdowellsNumberOneWhiskyRumAndBrandyMember2022-07-012023-06-300000835403ifrs-full:BottomOfRangeMemberifrs-full:BuildingsMember2022-07-012023-06-300000835403ifrs-full:TopOfRangeMemberifrs-full:BuildingsMember2022-07-012023-06-300000835403ifrs-full:BottomOfRangeMemberdeo:CasksAndContainersMember2022-07-012023-06-300000835403ifrs-full:TopOfRangeMemberdeo:CasksAndContainersMember2022-07-012023-06-300000835403ifrs-full:BottomOfRangeMemberifrs-full:OtherPropertyPlantAndEquipmentMember2022-07-012023-06-300000835403ifrs-full:TopOfRangeMemberifrs-full:OtherPropertyPlantAndEquipmentMember2022-07-012023-06-300000835403ifrs-full:BottomOfRangeMemberifrs-full:FixturesAndFittingsMember2022-07-012023-06-300000835403ifrs-full:TopOfRangeMemberifrs-full:FixturesAndFittingsMember2022-07-012023-06-300000835403ifrs-full:BottomOfRangeMemberdeo:ReturnableBottlesAndCratesMember2022-07-012023-06-300000835403ifrs-full:TopOfRangeMemberdeo:ReturnableBottlesAndCratesMember2022-07-012023-06-300000835403ifrs-full:LandAndBuildingsMemberifrs-full:GrossCarryingAmountMember2021-06-300000835403deo:PlantAndEquipmentsMemberifrs-full:GrossCarryingAmountMember2021-06-300000835403ifrs-full:GrossCarryingAmountMemberifrs-full:FixturesAndFittingsMember2021-06-300000835403ifrs-full:GrossCarryingAmountMemberdeo:ReturnableBottlesAndCratesMember2021-06-300000835403ifrs-full:ConstructionInProgressMemberifrs-full:GrossCarryingAmountMember2021-06-300000835403ifrs-full:LandAndBuildingsMemberifrs-full:GrossCarryingAmountMember2021-07-012022-06-300000835403deo:PlantAndEquipmentsMemberifrs-full:GrossCarryingAmountMember2021-07-012022-06-300000835403ifrs-full:GrossCarryingAmountMemberifrs-full:FixturesAndFittingsMember2021-07-012022-06-300000835403ifrs-full:GrossCarryingAmountMemberdeo:ReturnableBottlesAndCratesMember2021-07-012022-06-300000835403ifrs-full:ConstructionInProgressMemberifrs-full:GrossCarryingAmountMember2021-07-012022-06-300000835403ifrs-full:LandAndBuildingsMemberifrs-full:GrossCarryingAmountMember2022-06-300000835403deo:PlantAndEquipmentsMemberifrs-full:GrossCarryingAmountMember2022-06-300000835403ifrs-full:GrossCarryingAmountMemberifrs-full:FixturesAndFittingsMember2022-06-300000835403ifrs-full:GrossCarryingAmountMemberdeo:ReturnableBottlesAndCratesMember2022-06-300000835403ifrs-full:ConstructionInProgressMemberifrs-full:GrossCarryingAmountMember2022-06-300000835403ifrs-full:LandAndBuildingsMemberifrs-full:GrossCarryingAmountMember2022-07-012023-06-300000835403deo:PlantAndEquipmentsMemberifrs-full:GrossCarryingAmountMember2022-07-012023-06-300000835403ifrs-full:GrossCarryingAmountMemberifrs-full:FixturesAndFittingsMember2022-07-012023-06-300000835403ifrs-full:GrossCarryingAmountMemberdeo:ReturnableBottlesAndCratesMember2022-07-012023-06-300000835403ifrs-full:ConstructionInProgressMemberifrs-full:GrossCarryingAmountMember2022-07-012023-06-300000835403ifrs-full:LandAndBuildingsMemberifrs-full:GrossCarryingAmountMember2023-06-300000835403deo:PlantAndEquipmentsMemberifrs-full:GrossCarryingAmountMember2023-06-300000835403ifrs-full:GrossCarryingAmountMemberifrs-full:FixturesAndFittingsMember2023-06-300000835403ifrs-full:GrossCarryingAmountMemberdeo:ReturnableBottlesAndCratesMember2023-06-300000835403ifrs-full:ConstructionInProgressMemberifrs-full:GrossCarryingAmountMember2023-06-300000835403ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:LandAndBuildingsMember2021-06-300000835403ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberdeo:PlantAndEquipmentsMember2021-06-300000835403ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:FixturesAndFittingsMember2021-06-300000835403ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberdeo:ReturnableBottlesAndCratesMember2021-06-300000835403ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:LandAndBuildingsMember2021-07-012022-06-300000835403ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberdeo:PlantAndEquipmentsMember2021-07-012022-06-300000835403ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:FixturesAndFittingsMember2021-07-012022-06-300000835403ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberdeo:ReturnableBottlesAndCratesMember2021-07-012022-06-300000835403ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:LandAndBuildingsMember2022-06-300000835403ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberdeo:PlantAndEquipmentsMember2022-06-300000835403ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:FixturesAndFittingsMember2022-06-300000835403ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberdeo:ReturnableBottlesAndCratesMember2022-06-300000835403ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:LandAndBuildingsMember2022-07-012023-06-300000835403ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberdeo:PlantAndEquipmentsMember2022-07-012023-06-300000835403ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:FixturesAndFittingsMember2022-07-012023-06-300000835403ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberdeo:ReturnableBottlesAndCratesMember2022-07-012023-06-300000835403ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:LandAndBuildingsMember2023-06-300000835403ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberdeo:PlantAndEquipmentsMember2023-06-300000835403ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:FixturesAndFittingsMember2023-06-300000835403ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberdeo:ReturnableBottlesAndCratesMember2023-06-300000835403ifrs-full:LandAndBuildingsMember2023-06-300000835403deo:PlantAndEquipmentsMember2023-06-300000835403ifrs-full:FixturesAndFittingsMember2023-06-300000835403deo:ReturnableBottlesAndCratesMember2023-06-300000835403ifrs-full:LandAndBuildingsMember2022-06-300000835403deo:PlantAndEquipmentsMember2022-06-300000835403ifrs-full:FixturesAndFittingsMember2022-06-300000835403deo:ReturnableBottlesAndCratesMember2022-06-300000835403ifrs-full:LandAndBuildingsMember2021-06-300000835403deo:PlantAndEquipmentsMember2021-06-300000835403ifrs-full:FixturesAndFittingsMember2021-06-300000835403deo:ReturnableBottlesAndCratesMember2021-06-300000835403ifrs-full:ConstructionInProgressMember2021-06-300000835403ifrs-full:PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember2023-06-300000835403ifrs-full:PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember2022-06-300000835403deo:LongLeaseholdLandAndBuildingsLandAndBuildingsMember2023-06-300000835403deo:LongLeaseholdLandAndBuildingsLandAndBuildingsMember2022-06-300000835403deo:ShortLeaseholdLandAndBuildingsLandAndBuildingsMember2023-06-300000835403deo:ShortLeaseholdLandAndBuildingsLandAndBuildingsMember2022-06-300000835403ifrs-full:LandMember2023-06-300000835403ifrs-full:LandMember2022-06-30deo:numberOfPlant0000835403srt:MaximumMember2022-07-012023-06-300000835403ifrs-full:LandAndBuildingsMember2021-06-300000835403deo:PlantAndEquipmentsMember2021-06-300000835403ifrs-full:ConstructionInProgressMember2021-06-300000835403ifrs-full:LandAndBuildingsMember2021-07-012022-06-300000835403deo:PlantAndEquipmentsMember2021-07-012022-06-300000835403ifrs-full:ConstructionInProgressMember2021-07-012022-06-300000835403ifrs-full:LandAndBuildingsMember2022-06-300000835403deo:PlantAndEquipmentsMember2022-06-300000835403ifrs-full:ConstructionInProgressMember2022-06-300000835403ifrs-full:LandAndBuildingsMember2022-07-012023-06-300000835403deo:PlantAndEquipmentsMember2022-07-012023-06-300000835403ifrs-full:ConstructionInProgressMember2022-07-012023-06-300000835403ifrs-full:LandAndBuildingsMember2023-06-300000835403deo:PlantAndEquipmentsMember2023-06-300000835403ifrs-full:ConstructionInProgressMember2023-06-300000835403ifrs-full:CorporateLoansMember2021-06-300000835403ifrs-full:EquityInvestmentsMember2021-06-300000835403ifrs-full:CorporateLoansMember2021-07-012022-06-300000835403ifrs-full:EquityInvestmentsMember2021-07-012022-06-300000835403ifrs-full:CorporateLoansMember2022-06-300000835403ifrs-full:EquityInvestmentsMember2022-06-300000835403ifrs-full:CorporateLoansMember2022-07-012023-06-300000835403ifrs-full:EquityInvestmentsMember2022-07-012023-06-300000835403ifrs-full:CorporateLoansMember2023-06-300000835403ifrs-full:EquityInvestmentsMember2023-06-300000835403deo:CustomersAndThirdPartiesMemberifrs-full:CorporateLoansMember2023-06-300000835403deo:CustomersAndThirdPartiesMemberifrs-full:CorporateLoansMember2022-06-300000835403deo:CustomersAndThirdPartiesMemberifrs-full:CorporateLoansMember2021-06-300000835403deo:CustomersAndThirdPartiesMember2023-06-300000835403deo:CustomersAndThirdPartiesMember2022-06-300000835403deo:CustomersAndThirdPartiesMember2021-06-300000835403ifrs-full:CorporateLoansMemberifrs-full:AssociatesMember2023-06-300000835403ifrs-full:CorporateLoansMemberifrs-full:AssociatesMember2022-06-300000835403ifrs-full:CorporateLoansMemberifrs-full:AssociatesMember2021-06-300000835403country:IE2021-07-012022-06-300000835403country:GBdeo:GuaranteedMinimumPensionEqualisationMember2020-07-012021-06-300000835403country:IE2022-07-012023-06-300000835403country:IE2020-07-012021-06-300000835403ifrs-full:PlanAssetsMember2021-06-300000835403ifrs-full:PresentValueOfDefinedBenefitObligationMember2021-06-300000835403ifrs-full:PlanAssetsMember2021-07-012022-06-300000835403ifrs-full:PresentValueOfDefinedBenefitObligationMember2021-07-012022-06-300000835403ifrs-full:PlanAssetsMember2022-06-300000835403ifrs-full:PresentValueOfDefinedBenefitObligationMember2022-06-300000835403ifrs-full:PlanAssetsMember2022-07-012023-06-300000835403ifrs-full:PresentValueOfDefinedBenefitObligationMember2022-07-012023-06-300000835403ifrs-full:PlanAssetsMember2023-06-300000835403ifrs-full:PresentValueOfDefinedBenefitObligationMember2023-06-300000835403ifrs-full:PlanAssetsMembercountry:GBifrs-full:PensionDefinedBenefitPlansMember2023-06-300000835403country:GBifrs-full:PresentValueOfDefinedBenefitObligationMemberifrs-full:PensionDefinedBenefitPlansMember2023-06-300000835403ifrs-full:PlanAssetsMembercountry:GBifrs-full:PensionDefinedBenefitPlansMember2022-06-300000835403country:GBifrs-full:PresentValueOfDefinedBenefitObligationMemberifrs-full:PensionDefinedBenefitPlansMember2022-06-300000835403ifrs-full:PlanAssetsMembercountry:IEifrs-full:PensionDefinedBenefitPlansMember2023-06-300000835403country:IEifrs-full:PresentValueOfDefinedBenefitObligationMemberifrs-full:PensionDefinedBenefitPlansMember2023-06-300000835403ifrs-full:PlanAssetsMembercountry:IEifrs-full:PensionDefinedBenefitPlansMember2022-06-300000835403country:IEifrs-full:PresentValueOfDefinedBenefitObligationMemberifrs-full:PensionDefinedBenefitPlansMember2022-06-300000835403ifrs-full:PlanAssetsMembercountry:USifrs-full:PensionDefinedBenefitPlansMember2023-06-300000835403country:USifrs-full:PresentValueOfDefinedBenefitObligationMemberifrs-full:PensionDefinedBenefitPlansMember2023-06-300000835403ifrs-full:PlanAssetsMembercountry:USifrs-full:PensionDefinedBenefitPlansMember2022-06-300000835403country:USifrs-full:PresentValueOfDefinedBenefitObligationMemberifrs-full:PensionDefinedBenefitPlansMember2022-06-300000835403deo:OtherForeignCountriesMemberifrs-full:PlanAssetsMemberifrs-full:PensionDefinedBenefitPlansMember2023-06-300000835403deo:OtherForeignCountriesMemberifrs-full:PresentValueOfDefinedBenefitObligationMemberifrs-full:PensionDefinedBenefitPlansMember2023-06-300000835403deo:OtherForeignCountriesMemberifrs-full:PlanAssetsMemberifrs-full:PensionDefinedBenefitPlansMember2022-06-300000835403deo:OtherForeignCountriesMemberifrs-full:PresentValueOfDefinedBenefitObligationMemberifrs-full:PensionDefinedBenefitPlansMember2022-06-300000835403ifrs-full:PlanAssetsMemberifrs-full:PostemploymentMedicalDefinedBenefitPlansMember2023-06-300000835403ifrs-full:PostemploymentMedicalDefinedBenefitPlansMemberifrs-full:PresentValueOfDefinedBenefitObligationMember2023-06-300000835403ifrs-full:PlanAssetsMemberifrs-full:PostemploymentMedicalDefinedBenefitPlansMember2022-06-300000835403ifrs-full:PostemploymentMedicalDefinedBenefitPlansMemberifrs-full:PresentValueOfDefinedBenefitObligationMember2022-06-300000835403deo:OtherPostEmploymentMemberifrs-full:PlanAssetsMember2023-06-300000835403deo:OtherPostEmploymentMemberifrs-full:PresentValueOfDefinedBenefitObligationMember2023-06-300000835403deo:OtherPostEmploymentMemberifrs-full:PlanAssetsMember2022-06-300000835403deo:OtherPostEmploymentMemberifrs-full:PresentValueOfDefinedBenefitObligationMember2022-06-300000835403ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember2023-06-300000835403ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember2022-06-300000835403ifrs-full:WhollyUnfundedDefinedBenefitPlansMember2023-06-300000835403ifrs-full:WhollyUnfundedDefinedBenefitPlansMember2022-06-300000835403deo:DPSMember2023-06-300000835403deo:DPSMember2022-06-300000835403deo:DPSMember2021-06-300000835403deo:GIGPSMember2023-06-300000835403deo:GIGPSMember2022-06-300000835403deo:GIGPSMember2021-06-300000835403deo:OtherSchemesMember2023-06-300000835403deo:OtherSchemesMember2022-06-300000835403deo:OtherSchemesMember2021-06-300000835403country:IE2023-06-300000835403country:IE2022-06-300000835403country:IE2021-06-300000835403deo:ConsumerPriceIndexMembercountry:GB2023-06-300000835403deo:ConsumerPriceIndexMembercountry:GB2022-06-300000835403deo:ConsumerPriceIndexMembercountry:GB2021-06-300000835403deo:ConsumerPriceIndexMembercountry:IE2023-06-300000835403deo:ConsumerPriceIndexMembercountry:IE2022-06-300000835403deo:ConsumerPriceIndexMembercountry:IE2021-06-300000835403country:USdeo:ConsumerPriceIndexMember2023-06-300000835403country:USdeo:ConsumerPriceIndexMember2022-06-300000835403country:USdeo:ConsumerPriceIndexMember2021-06-300000835403deo:RetailPriceIndexMembercountry:GB2023-06-300000835403deo:RetailPriceIndexMembercountry:GB2022-06-300000835403deo:RetailPriceIndexMembercountry:GB2021-06-300000835403deo:MaleMembercountry:GBdeo:ActuarialAssumptionOfLifeExpectancyAfterRetirementRetiringCurrentlyAtAgeSixtyFiveMember2022-07-012023-06-30utr:Y0000835403deo:MaleMembercountry:GBdeo:ActuarialAssumptionOfLifeExpectancyAfterRetirementRetiringCurrentlyAtAgeSixtyFiveMember2021-07-012022-06-300000835403deo:MaleMembercountry:GBdeo:ActuarialAssumptionOfLifeExpectancyAfterRetirementRetiringCurrentlyAtAgeSixtyFiveMember2020-07-012021-06-300000835403deo:MaleMemberdeo:ActuarialAssumptionOfLifeExpectancyAfterRetirementRetiringCurrentlyAtAgeSixtyFiveMembercountry:IE2022-07-012023-06-300000835403deo:MaleMemberdeo:ActuarialAssumptionOfLifeExpectancyAfterRetirementRetiringCurrentlyAtAgeSixtyFiveMembercountry:IE2021-07-012022-06-300000835403deo:MaleMemberdeo:ActuarialAssumptionOfLifeExpectancyAfterRetirementRetiringCurrentlyAtAgeSixtyFiveMembercountry:IE2020-07-012021-06-300000835403deo:MaleMembercountry:USdeo:ActuarialAssumptionOfLifeExpectancyAfterRetirementRetiringCurrentlyAtAgeSixtyFiveMember2022-07-012023-06-300000835403deo:MaleMembercountry:USdeo:ActuarialAssumptionOfLifeExpectancyAfterRetirementRetiringCurrentlyAtAgeSixtyFiveMember2021-07-012022-06-300000835403deo:MaleMembercountry:USdeo:ActuarialAssumptionOfLifeExpectancyAfterRetirementRetiringCurrentlyAtAgeSixtyFiveMember2020-07-012021-06-300000835403deo:FemaleMembercountry:GBdeo:ActuarialAssumptionOfLifeExpectancyAfterRetirementRetiringCurrentlyAtAgeSixtyFiveMember2022-07-012023-06-300000835403deo:FemaleMembercountry:GBdeo:ActuarialAssumptionOfLifeExpectancyAfterRetirementRetiringCurrentlyAtAgeSixtyFiveMember2021-07-012022-06-300000835403deo:FemaleMembercountry:GBdeo:ActuarialAssumptionOfLifeExpectancyAfterRetirementRetiringCurrentlyAtAgeSixtyFiveMember2020-07-012021-06-300000835403deo:FemaleMemberdeo:ActuarialAssumptionOfLifeExpectancyAfterRetirementRetiringCurrentlyAtAgeSixtyFiveMembercountry:IE2022-07-012023-06-300000835403deo:FemaleMemberdeo:ActuarialAssumptionOfLifeExpectancyAfterRetirementRetiringCurrentlyAtAgeSixtyFiveMembercountry:IE2021-07-012022-06-300000835403deo:FemaleMemberdeo:ActuarialAssumptionOfLifeExpectancyAfterRetirementRetiringCurrentlyAtAgeSixtyFiveMembercountry:IE2020-07-012021-06-300000835403deo:FemaleMembercountry:USdeo:ActuarialAssumptionOfLifeExpectancyAfterRetirementRetiringCurrentlyAtAgeSixtyFiveMember2022-07-012023-06-300000835403deo:FemaleMembercountry:USdeo:ActuarialAssumptionOfLifeExpectancyAfterRetirementRetiringCurrentlyAtAgeSixtyFiveMember2021-07-012022-06-300000835403deo:FemaleMembercountry:USdeo:ActuarialAssumptionOfLifeExpectancyAfterRetirementRetiringCurrentlyAtAgeSixtyFiveMember2020-07-012021-06-300000835403deo:MaleMembercountry:GBdeo:ActuarialAssumptionOfLifeExpectancyAfterRetirementCurrentlyAgedFortyFiveAndRetiringAtAgeSixtyFiveMember2022-07-012023-06-300000835403deo:MaleMembercountry:GBdeo:ActuarialAssumptionOfLifeExpectancyAfterRetirementCurrentlyAgedFortyFiveAndRetiringAtAgeSixtyFiveMember2021-07-012022-06-300000835403deo:MaleMembercountry:GBdeo:ActuarialAssumptionOfLifeExpectancyAfterRetirementCurrentlyAgedFortyFiveAndRetiringAtAgeSixtyFiveMember2020-07-012021-06-300000835403deo:MaleMemberdeo:ActuarialAssumptionOfLifeExpectancyAfterRetirementCurrentlyAgedFortyFiveAndRetiringAtAgeSixtyFiveMembercountry:IE2022-07-012023-06-300000835403deo:MaleMemberdeo:ActuarialAssumptionOfLifeExpectancyAfterRetirementCurrentlyAgedFortyFiveAndRetiringAtAgeSixtyFiveMembercountry:IE2021-07-012022-06-300000835403deo:MaleMemberdeo:ActuarialAssumptionOfLifeExpectancyAfterRetirementCurrentlyAgedFortyFiveAndRetiringAtAgeSixtyFiveMembercountry:IE2020-07-012021-06-300000835403deo:MaleMembercountry:USdeo:ActuarialAssumptionOfLifeExpectancyAfterRetirementCurrentlyAgedFortyFiveAndRetiringAtAgeSixtyFiveMember2022-07-012023-06-300000835403deo:MaleMembercountry:USdeo:ActuarialAssumptionOfLifeExpectancyAfterRetirementCurrentlyAgedFortyFiveAndRetiringAtAgeSixtyFiveMember2021-07-012022-06-300000835403deo:MaleMembercountry:USdeo:ActuarialAssumptionOfLifeExpectancyAfterRetirementCurrentlyAgedFortyFiveAndRetiringAtAgeSixtyFiveMember2020-07-012021-06-300000835403deo:FemaleMembercountry:GBdeo:ActuarialAssumptionOfLifeExpectancyAfterRetirementCurrentlyAgedFortyFiveAndRetiringAtAgeSixtyFiveMember2022-07-012023-06-300000835403deo:FemaleMembercountry:GBdeo:ActuarialAssumptionOfLifeExpectancyAfterRetirementCurrentlyAgedFortyFiveAndRetiringAtAgeSixtyFiveMember2021-07-012022-06-300000835403deo:FemaleMembercountry:GBdeo:ActuarialAssumptionOfLifeExpectancyAfterRetirementCurrentlyAgedFortyFiveAndRetiringAtAgeSixtyFiveMember2020-07-012021-06-300000835403deo:FemaleMemberdeo:ActuarialAssumptionOfLifeExpectancyAfterRetirementCurrentlyAgedFortyFiveAndRetiringAtAgeSixtyFiveMembercountry:IE2022-07-012023-06-300000835403deo:FemaleMemberdeo:ActuarialAssumptionOfLifeExpectancyAfterRetirementCurrentlyAgedFortyFiveAndRetiringAtAgeSixtyFiveMembercountry:IE2021-07-012022-06-300000835403deo:FemaleMemberdeo:ActuarialAssumptionOfLifeExpectancyAfterRetirementCurrentlyAgedFortyFiveAndRetiringAtAgeSixtyFiveMembercountry:IE2020-07-012021-06-300000835403deo:FemaleMembercountry:USdeo:ActuarialAssumptionOfLifeExpectancyAfterRetirementCurrentlyAgedFortyFiveAndRetiringAtAgeSixtyFiveMember2022-07-012023-06-300000835403deo:FemaleMembercountry:USdeo:ActuarialAssumptionOfLifeExpectancyAfterRetirementCurrentlyAgedFortyFiveAndRetiringAtAgeSixtyFiveMember2021-07-012022-06-300000835403deo:FemaleMembercountry:USdeo:ActuarialAssumptionOfLifeExpectancyAfterRetirementCurrentlyAgedFortyFiveAndRetiringAtAgeSixtyFiveMember2020-07-012021-06-300000835403ifrs-full:ActuarialAssumptionOfDiscountRatesMember2023-06-300000835403country:GBdeo:ActuarialAssumptionOfIncreaseInDiscountRatesMember2022-07-012023-06-300000835403country:GBdeo:ActuarialAssumptionOfIncreaseInDiscountRatesMember2023-06-300000835403deo:ActuarialAssumptionOfIncreaseInDiscountRatesMembercountry:IE2022-07-012023-06-300000835403deo:ActuarialAssumptionOfIncreaseInDiscountRatesMembercountry:IE2023-06-300000835403country:USdeo:ActuarialAssumptionOfIncreaseInDiscountRatesMember2022-07-012023-06-300000835403country:USdeo:ActuarialAssumptionOfIncreaseInDiscountRatesMember2023-06-300000835403country:GBdeo:ActuarialAssumptionOfDecreaseInDiscountRatesMember2022-07-012023-06-300000835403country:GBdeo:ActuarialAssumptionOfDecreaseInDiscountRatesMember2023-06-300000835403deo:ActuarialAssumptionOfDecreaseInDiscountRatesMembercountry:IE2022-07-012023-06-300000835403deo:ActuarialAssumptionOfDecreaseInDiscountRatesMembercountry:IE2023-06-300000835403country:USdeo:ActuarialAssumptionOfDecreaseInDiscountRatesMember2022-07-012023-06-300000835403country:USdeo:ActuarialAssumptionOfDecreaseInDiscountRatesMember2023-06-300000835403ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflationMember2023-06-300000835403country:GBdeo:ActuarialAssumptionOfIncreaseInInflationRatesMember2022-07-012023-06-300000835403country:GBdeo:ActuarialAssumptionOfIncreaseInInflationRatesMember2023-06-300000835403country:IEdeo:ActuarialAssumptionOfIncreaseInInflationRatesMember2022-07-012023-06-300000835403country:IEdeo:ActuarialAssumptionOfIncreaseInInflationRatesMember2023-06-300000835403country:USdeo:ActuarialAssumptionOfIncreaseInInflationRatesMember2022-07-012023-06-300000835403country:USdeo:ActuarialAssumptionOfIncreaseInInflationRatesMember2023-06-300000835403country:GBdeo:ActuarialAssumptionOfDecreaseInInflationRatesMember2022-07-012023-06-300000835403country:GBdeo:ActuarialAssumptionOfDecreaseInInflationRatesMember2023-06-300000835403deo:ActuarialAssumptionOfDecreaseInInflationRatesMembercountry:IE2022-07-012023-06-300000835403deo:ActuarialAssumptionOfDecreaseInInflationRatesMembercountry:IE2023-06-300000835403country:USdeo:ActuarialAssumptionOfDecreaseInInflationRatesMember2022-07-012023-06-300000835403country:USdeo:ActuarialAssumptionOfDecreaseInInflationRatesMember2023-06-300000835403ifrs-full:ActuarialAssumptionOfLifeExpectancyAfterRetirementMember2023-06-300000835403country:GBdeo:ActuarialAssumptionOfIncreaseInLifeExpectancyMember2022-07-012023-06-300000835403country:GBdeo:ActuarialAssumptionOfIncreaseInLifeExpectancyMember2023-06-300000835403deo:ActuarialAssumptionOfIncreaseInLifeExpectancyMembercountry:IE2022-07-012023-06-300000835403deo:ActuarialAssumptionOfIncreaseInLifeExpectancyMembercountry:IE2023-06-300000835403country:USdeo:ActuarialAssumptionOfIncreaseInLifeExpectancyMember2022-07-012023-06-300000835403country:USdeo:ActuarialAssumptionOfIncreaseInLifeExpectancyMember2023-06-300000835403country:GBifrs-full:Level1OfFairValueHierarchyMember2023-06-300000835403country:GBifrs-full:Level2And3OfFairValueHierarchyMember2023-06-300000835403country:IEifrs-full:Level1OfFairValueHierarchyMember2023-06-300000835403ifrs-full:Level2And3OfFairValueHierarchyMembercountry:IE2023-06-300000835403deo:UnitedStatesAndOtherMemberifrs-full:Level1OfFairValueHierarchyMember2023-06-300000835403deo:UnitedStatesAndOtherMemberifrs-full:Level2And3OfFairValueHierarchyMember2023-06-300000835403ifrs-full:Level1OfFairValueHierarchyMember2023-06-300000835403ifrs-full:Level2And3OfFairValueHierarchyMember2023-06-300000835403country:GBdeo:FixedInterestGovernmentBondsMemberifrs-full:Level1OfFairValueHierarchyMember2023-06-300000835403country:GBifrs-full:Level2And3OfFairValueHierarchyMemberdeo:FixedInterestGovernmentBondsMember2023-06-300000835403deo:FixedInterestGovernmentBondsMembercountry:IEifrs-full:Level1OfFairValueHierarchyMember2023-06-300000835403ifrs-full:Level2And3OfFairValueHierarchyMemberdeo:FixedInterestGovernmentBondsMembercountry:IE2023-06-300000835403deo:UnitedStatesAndOtherMemberdeo:FixedInterestGovernmentBondsMemberifrs-full:Level1OfFairValueHierarchyMember2023-06-300000835403deo:UnitedStatesAndOtherMemberifrs-full:Level2And3OfFairValueHierarchyMemberdeo:FixedInterestGovernmentBondsMember2023-06-300000835403deo:FixedInterestGovernmentBondsMemberifrs-full:Level1OfFairValueHierarchyMember2023-06-300000835403ifrs-full:Level2And3OfFairValueHierarchyMemberdeo:FixedInterestGovernmentBondsMember2023-06-300000835403deo:FixedInterestGovernmentBondsMember2023-06-300000835403country:GBdeo:InflationLinkedGovernmentBondsMemberifrs-full:Level1OfFairValueHierarchyMember2023-06-300000835403country:GBifrs-full:Level2And3OfFairValueHierarchyMemberdeo:InflationLinkedGovernmentBondsMember2023-06-300000835403deo:InflationLinkedGovernmentBondsMembercountry:IEifrs-full:Level1OfFairValueHierarchyMember2023-06-300000835403ifrs-full:Level2And3OfFairValueHierarchyMemberdeo:InflationLinkedGovernmentBondsMembercountry:IE2023-06-300000835403deo:UnitedStatesAndOtherMemberdeo:InflationLinkedGovernmentBondsMemberifrs-full:Level1OfFairValueHierarchyMember2023-06-300000835403deo:UnitedStatesAndOtherMemberifrs-full:Level2And3OfFairValueHierarchyMemberdeo:InflationLinkedGovernmentBondsMember2023-06-300000835403deo:InflationLinkedGovernmentBondsMemberifrs-full:Level1OfFairValueHierarchyMember2023-06-300000835403ifrs-full:Level2And3OfFairValueHierarchyMemberdeo:InflationLinkedGovernmentBondsMember2023-06-300000835403deo:InflationLinkedGovernmentBondsMember2023-06-300000835403deo:InvestmentGradeCorporateBondsMembercountry:GBifrs-full:Level1OfFairValueHierarchyMember2023-06-300000835403deo:InvestmentGradeCorporateBondsMembercountry:GBifrs-full:Level2And3OfFairValueHierarchyMember2023-06-300000835403deo:InvestmentGradeCorporateBondsMembercountry:IEifrs-full:Level1OfFairValueHierarchyMember2023-06-300000835403deo:InvestmentGradeCorporateBondsMemberifrs-full:Level2And3OfFairValueHierarchyMembercountry:IE2023-06-300000835403deo:UnitedStatesAndOtherMemberdeo:InvestmentGradeCorporateBondsMemberifrs-full:Level1OfFairValueHierarchyMember2023-06-300000835403deo:UnitedStatesAndOtherMemberdeo:InvestmentGradeCorporateBondsMemberifrs-full:Level2And3OfFairValueHierarchyMember2023-06-300000835403deo:InvestmentGradeCorporateBondsMemberifrs-full:Level1OfFairValueHierarchyMember2023-06-300000835403deo:InvestmentGradeCorporateBondsMemberifrs-full:Level2And3OfFairValueHierarchyMember2023-06-300000835403deo:InvestmentGradeCorporateBondsMember2023-06-300000835403deo:NonInvestmentGradeBondsMembercountry:GBifrs-full:Level1OfFairValueHierarchyMember2023-06-300000835403deo:NonInvestmentGradeBondsMembercountry:GBifrs-full:Level2And3OfFairValueHierarchyMember2023-06-300000835403deo:NonInvestmentGradeBondsMembercountry:IEifrs-full:Level1OfFairValueHierarchyMember2023-06-300000835403deo:NonInvestmentGradeBondsMemberifrs-full:Level2And3OfFairValueHierarchyMembercountry:IE2023-06-300000835403deo:UnitedStatesAndOtherMemberdeo:NonInvestmentGradeBondsMemberifrs-full:Level1OfFairValueHierarchyMember2023-06-300000835403deo:UnitedStatesAndOtherMemberdeo:NonInvestmentGradeBondsMemberifrs-full:Level2And3OfFairValueHierarchyMember2023-06-300000835403deo:NonInvestmentGradeBondsMemberifrs-full:Level1OfFairValueHierarchyMember2023-06-300000835403deo:NonInvestmentGradeBondsMemberifrs-full:Level2And3OfFairValueHierarchyMember2023-06-300000835403deo:NonInvestmentGradeBondsMember2023-06-300000835403country:GBdeo:LoanSecuritiesBondsMemberifrs-full:Level1OfFairValueHierarchyMember2023-06-300000835403country:GBdeo:LoanSecuritiesBondsMemberifrs-full:Level2And3OfFairValueHierarchyMember2023-06-300000835403deo:LoanSecuritiesBondsMembercountry:IEifrs-full:Level1OfFairValueHierarchyMember2023-06-300000835403deo:LoanSecuritiesBondsMemberifrs-full:Level2And3OfFairValueHierarchyMembercountry:IE2023-06-300000835403deo:UnitedStatesAndOtherMemberdeo:LoanSecuritiesBondsMemberifrs-full:Level1OfFairValueHierarchyMember2023-06-300000835403deo:UnitedStatesAndOtherMemberdeo:LoanSecuritiesBondsMemberifrs-full:Level2And3OfFairValueHierarchyMember2023-06-300000835403deo:LoanSecuritiesBondsMemberifrs-full:Level1OfFairValueHierarchyMember2023-06-300000835403deo:LoanSecuritiesBondsMemberifrs-full:Level2And3OfFairValueHierarchyMember2023-06-300000835403deo:LoanSecuritiesBondsMember2023-06-300000835403country:GBdeo:RepurchaseAgreementsBondsMemberifrs-full:Level1OfFairValueHierarchyMember2023-06-300000835403country:GBifrs-full:Level2And3OfFairValueHierarchyMemberdeo:RepurchaseAgreementsBondsMember2023-06-300000835403deo:RepurchaseAgreementsBondsMembercountry:IEifrs-full:Level1OfFairValueHierarchyMember2023-06-300000835403ifrs-full:Level2And3OfFairValueHierarchyMemberdeo:RepurchaseAgreementsBondsMembercountry:IE2023-06-300000835403deo:UnitedStatesAndOtherMemberdeo:RepurchaseAgreementsBondsMemberifrs-full:Level1OfFairValueHierarchyMember2023-06-300000835403deo:UnitedStatesAndOtherMemberifrs-full:Level2And3OfFairValueHierarchyMemberdeo:RepurchaseAgreementsBondsMember2023-06-300000835403deo:RepurchaseAgreementsBondsMemberifrs-full:Level1OfFairValueHierarchyMember2023-06-300000835403ifrs-full:Level2And3OfFairValueHierarchyMemberdeo:RepurchaseAgreementsBondsMember2023-06-300000835403deo:RepurchaseAgreementsBondsMember2023-06-300000835403country:GBdeo:LiabilityDrivenInvestmentBondsMemberifrs-full:Level1OfFairValueHierarchyMember2023-06-300000835403country:GBifrs-full:Level2And3OfFairValueHierarchyMemberdeo:LiabilityDrivenInvestmentBondsMember2023-06-300000835403deo:LiabilityDrivenInvestmentBondsMembercountry:IEifrs-full:Level1OfFairValueHierarchyMember2023-06-300000835403ifrs-full:Level2And3OfFairValueHierarchyMemberdeo:LiabilityDrivenInvestmentBondsMembercountry:IE2023-06-300000835403deo:UnitedStatesAndOtherMemberdeo:LiabilityDrivenInvestmentBondsMemberifrs-full:Level1OfFairValueHierarchyMember2023-06-300000835403deo:UnitedStatesAndOtherMemberifrs-full:Level2And3OfFairValueHierarchyMemberdeo:LiabilityDrivenInvestmentBondsMember2023-06-300000835403deo:LiabilityDrivenInvestmentBondsMemberifrs-full:Level1OfFairValueHierarchyMember2023-06-300000835403ifrs-full:Level2And3OfFairValueHierarchyMemberdeo:LiabilityDrivenInvestmentBondsMember2023-06-300000835403deo:LiabilityDrivenInvestmentBondsMember2023-06-300000835403country:GBifrs-full:Level1OfFairValueHierarchyMember2022-06-300000835403country:GBifrs-full:Level2And3OfFairValueHierarchyMember2022-06-300000835403country:IEifrs-full:Level1OfFairValueHierarchyMember2022-06-300000835403ifrs-full:Level2And3OfFairValueHierarchyMembercountry:IE2022-06-300000835403deo:UnitedStatesAndOtherMemberifrs-full:Level1OfFairValueHierarchyMember2022-06-300000835403deo:UnitedStatesAndOtherMemberifrs-full:Level2And3OfFairValueHierarchyMember2022-06-300000835403ifrs-full:Level1OfFairValueHierarchyMember2022-06-300000835403ifrs-full:Level2And3OfFairValueHierarchyMember2022-06-300000835403country:GBdeo:FixedInterestGovernmentBondsMemberifrs-full:Level1OfFairValueHierarchyMember2022-06-300000835403country:GBifrs-full:Level2And3OfFairValueHierarchyMemberdeo:FixedInterestGovernmentBondsMember2022-06-300000835403deo:FixedInterestGovernmentBondsMembercountry:IEifrs-full:Level1OfFairValueHierarchyMember2022-06-300000835403ifrs-full:Level2And3OfFairValueHierarchyMemberdeo:FixedInterestGovernmentBondsMembercountry:IE2022-06-300000835403deo:UnitedStatesAndOtherMemberdeo:FixedInterestGovernmentBondsMemberifrs-full:Level1OfFairValueHierarchyMember2022-06-300000835403deo:UnitedStatesAndOtherMemberifrs-full:Level2And3OfFairValueHierarchyMemberdeo:FixedInterestGovernmentBondsMember2022-06-300000835403deo:FixedInterestGovernmentBondsMemberifrs-full:Level1OfFairValueHierarchyMember2022-06-300000835403ifrs-full:Level2And3OfFairValueHierarchyMemberdeo:FixedInterestGovernmentBondsMember2022-06-300000835403deo:FixedInterestGovernmentBondsMember2022-06-300000835403country:GBdeo:InflationLinkedGovernmentBondsMemberifrs-full:Level1OfFairValueHierarchyMember2022-06-300000835403country:GBifrs-full:Level2And3OfFairValueHierarchyMemberdeo:InflationLinkedGovernmentBondsMember2022-06-300000835403deo:InflationLinkedGovernmentBondsMembercountry:IEifrs-full:Level1OfFairValueHierarchyMember2022-06-300000835403ifrs-full:Level2And3OfFairValueHierarchyMemberdeo:InflationLinkedGovernmentBondsMembercountry:IE2022-06-300000835403deo:UnitedStatesAndOtherMemberdeo:InflationLinkedGovernmentBondsMemberifrs-full:Level1OfFairValueHierarchyMember2022-06-300000835403deo:UnitedStatesAndOtherMemberifrs-full:Level2And3OfFairValueHierarchyMemberdeo:InflationLinkedGovernmentBondsMember2022-06-300000835403deo:InflationLinkedGovernmentBondsMemberifrs-full:Level1OfFairValueHierarchyMember2022-06-300000835403ifrs-full:Level2And3OfFairValueHierarchyMemberdeo:InflationLinkedGovernmentBondsMember2022-06-300000835403deo:InflationLinkedGovernmentBondsMember2022-06-300000835403deo:InvestmentGradeCorporateBondsMembercountry:GBifrs-full:Level1OfFairValueHierarchyMember2022-06-300000835403deo:InvestmentGradeCorporateBondsMembercountry:GBifrs-full:Level2And3OfFairValueHierarchyMember2022-06-300000835403deo:InvestmentGradeCorporateBondsMembercountry:IEifrs-full:Level1OfFairValueHierarchyMember2022-06-300000835403deo:InvestmentGradeCorporateBondsMemberifrs-full:Level2And3OfFairValueHierarchyMembercountry:IE2022-06-300000835403deo:UnitedStatesAndOtherMemberdeo:InvestmentGradeCorporateBondsMemberifrs-full:Level1OfFairValueHierarchyMember2022-06-300000835403deo:UnitedStatesAndOtherMemberdeo:InvestmentGradeCorporateBondsMemberifrs-full:Level2And3OfFairValueHierarchyMember2022-06-300000835403deo:InvestmentGradeCorporateBondsMemberifrs-full:Level1OfFairValueHierarchyMember2022-06-300000835403deo:InvestmentGradeCorporateBondsMemberifrs-full:Level2And3OfFairValueHierarchyMember2022-06-300000835403deo:InvestmentGradeCorporateBondsMember2022-06-300000835403deo:NonInvestmentGradeBondsMembercountry:GBifrs-full:Level1OfFairValueHierarchyMember2022-06-300000835403deo:NonInvestmentGradeBondsMembercountry:GBifrs-full:Level2And3OfFairValueHierarchyMember2022-06-300000835403deo:NonInvestmentGradeBondsMembercountry:IEifrs-full:Level1OfFairValueHierarchyMember2022-06-300000835403deo:NonInvestmentGradeBondsMemberifrs-full:Level2And3OfFairValueHierarchyMembercountry:IE2022-06-300000835403deo:UnitedStatesAndOtherMemberdeo:NonInvestmentGradeBondsMemberifrs-full:Level1OfFairValueHierarchyMember2022-06-300000835403deo:UnitedStatesAndOtherMemberdeo:NonInvestmentGradeBondsMemberifrs-full:Level2And3OfFairValueHierarchyMember2022-06-300000835403deo:NonInvestmentGradeBondsMemberifrs-full:Level1OfFairValueHierarchyMember2022-06-300000835403deo:NonInvestmentGradeBondsMemberifrs-full:Level2And3OfFairValueHierarchyMember2022-06-300000835403deo:NonInvestmentGradeBondsMember2022-06-300000835403country:GBdeo:LoanSecuritiesBondsMemberifrs-full:Level1OfFairValueHierarchyMember2022-06-300000835403country:GBdeo:LoanSecuritiesBondsMemberifrs-full:Level2And3OfFairValueHierarchyMember2022-06-300000835403deo:LoanSecuritiesBondsMembercountry:IEifrs-full:Level1OfFairValueHierarchyMember2022-06-300000835403deo:LoanSecuritiesBondsMemberifrs-full:Level2And3OfFairValueHierarchyMembercountry:IE2022-06-300000835403deo:UnitedStatesAndOtherMemberdeo:LoanSecuritiesBondsMemberifrs-full:Level1OfFairValueHierarchyMember2022-06-300000835403deo:UnitedStatesAndOtherMemberdeo:LoanSecuritiesBondsMemberifrs-full:Level2And3OfFairValueHierarchyMember2022-06-300000835403deo:LoanSecuritiesBondsMemberifrs-full:Level1OfFairValueHierarchyMember2022-06-300000835403deo:LoanSecuritiesBondsMemberifrs-full:Level2And3OfFairValueHierarchyMember2022-06-300000835403deo:LoanSecuritiesBondsMember2022-06-300000835403country:GBdeo:RepurchaseAgreementsBondsMemberifrs-full:Level1OfFairValueHierarchyMember2022-06-300000835403country:GBifrs-full:Level2And3OfFairValueHierarchyMemberdeo:RepurchaseAgreementsBondsMember2022-06-300000835403deo:RepurchaseAgreementsBondsMembercountry:IEifrs-full:Level1OfFairValueHierarchyMember2022-06-300000835403ifrs-full:Level2And3OfFairValueHierarchyMemberdeo:RepurchaseAgreementsBondsMembercountry:IE2022-06-300000835403deo:UnitedStatesAndOtherMemberdeo:RepurchaseAgreementsBondsMemberifrs-full:Level1OfFairValueHierarchyMember2022-06-300000835403deo:UnitedStatesAndOtherMemberifrs-full:Level2And3OfFairValueHierarchyMemberdeo:RepurchaseAgreementsBondsMember2022-06-300000835403deo:RepurchaseAgreementsBondsMemberifrs-full:Level1OfFairValueHierarchyMember2022-06-300000835403ifrs-full:Level2And3OfFairValueHierarchyMemberdeo:RepurchaseAgreementsBondsMember2022-06-300000835403deo:RepurchaseAgreementsBondsMember2022-06-300000835403country:GBdeo:LiabilityDrivenInvestmentBondsMemberifrs-full:Level1OfFairValueHierarchyMember2022-06-300000835403country:GBifrs-full:Level2And3OfFairValueHierarchyMemberdeo:LiabilityDrivenInvestmentBondsMember2022-06-300000835403deo:LiabilityDrivenInvestmentBondsMembercountry:IEifrs-full:Level1OfFairValueHierarchyMember2022-06-300000835403ifrs-full:Level2And3OfFairValueHierarchyMemberdeo:LiabilityDrivenInvestmentBondsMembercountry:IE2022-06-300000835403deo:UnitedStatesAndOtherMemberdeo:LiabilityDrivenInvestmentBondsMemberifrs-full:Level1OfFairValueHierarchyMember2022-06-300000835403deo:UnitedStatesAndOtherMemberifrs-full:Level2And3OfFairValueHierarchyMemberdeo:LiabilityDrivenInvestmentBondsMember2022-06-300000835403deo:LiabilityDrivenInvestmentBondsMemberifrs-full:Level1OfFairValueHierarchyMember2022-06-300000835403ifrs-full:Level2And3OfFairValueHierarchyMemberdeo:LiabilityDrivenInvestmentBondsMember2022-06-300000835403deo:LiabilityDrivenInvestmentBondsMember2022-06-3000008354032023-07-012024-06-300000835403country:GBifrs-full:TopOfRangeMemberifrs-full:ContingentLiabilityArisingFromPostemploymentBenefitObligationsMember2030-12-310000835403ifrs-full:TopOfRangeMembercountry:IE2023-06-300000835403ifrs-full:TopOfRangeMemberifrs-full:ContingentLiabilityArisingFromPostemploymentBenefitObligationsMembercountry:IE2024-12-310000835403ifrs-full:TopOfRangeMemberifrs-full:ContingentLiabilityArisingFromPostemploymentBenefitObligationsMembercountry:IE2027-12-310000835403ifrs-full:TopOfRangeMemberifrs-full:ContingentLiabilityArisingFromPostemploymentBenefitObligationsMembercountry:IE2030-12-310000835403country:GBifrs-full:NotLaterThanOneYearMember2022-07-012023-06-300000835403country:GBifrs-full:NotLaterThanOneYearMember2021-07-012022-06-300000835403country:IEifrs-full:NotLaterThanOneYearMember2022-07-012023-06-300000835403country:IEifrs-full:NotLaterThanOneYearMember2021-07-012022-06-300000835403country:USifrs-full:NotLaterThanOneYearMember2022-07-012023-06-300000835403country:USifrs-full:NotLaterThanOneYearMember2021-07-012022-06-300000835403country:GBifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember2022-07-012023-06-300000835403country:GBifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember2021-07-012022-06-300000835403country:IEifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember2022-07-012023-06-300000835403country:IEifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember2021-07-012022-06-300000835403country:USifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember2022-07-012023-06-300000835403country:USifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember2021-07-012022-06-300000835403country:GBdeo:LaterThanSixYearsAndNotLaterThanFifteenYearsMember2022-07-012023-06-300000835403country:GBdeo:LaterThanSixYearsAndNotLaterThanFifteenYearsMember2021-07-012022-06-300000835403country:IEdeo:LaterThanSixYearsAndNotLaterThanFifteenYearsMember2022-07-012023-06-300000835403country:IEdeo:LaterThanSixYearsAndNotLaterThanFifteenYearsMember2021-07-012022-06-300000835403country:USdeo:LaterThanSixYearsAndNotLaterThanFifteenYearsMember2022-07-012023-06-300000835403country:USdeo:LaterThanSixYearsAndNotLaterThanFifteenYearsMember2021-07-012022-06-300000835403deo:LaterThanSixteenYearAndNotLaterThanTwentyFiveYearsMembercountry:GB2022-07-012023-06-300000835403deo:LaterThanSixteenYearAndNotLaterThanTwentyFiveYearsMembercountry:GB2021-07-012022-06-300000835403deo:LaterThanSixteenYearAndNotLaterThanTwentyFiveYearsMembercountry:IE2022-07-012023-06-300000835403deo:LaterThanSixteenYearAndNotLaterThanTwentyFiveYearsMembercountry:IE2021-07-012022-06-300000835403deo:LaterThanSixteenYearAndNotLaterThanTwentyFiveYearsMembercountry:US2022-07-012023-06-300000835403deo:LaterThanSixteenYearAndNotLaterThanTwentyFiveYearsMembercountry:US2021-07-012022-06-300000835403country:GBdeo:LaterThanTwentyFiveYearsMember2022-07-012023-06-300000835403country:GBdeo:LaterThanTwentyFiveYearsMember2021-07-012022-06-300000835403deo:LaterThanTwentyFiveYearsMembercountry:IE2022-07-012023-06-300000835403deo:LaterThanTwentyFiveYearsMembercountry:IE2021-07-012022-06-300000835403country:USdeo:LaterThanTwentyFiveYearsMember2022-07-012023-06-300000835403country:USdeo:LaterThanTwentyFiveYearsMember2021-07-012022-06-300000835403deo:CurrentTradeAndOtherReceivablesMember2023-06-300000835403deo:NonCurrentTradeAndOtherReceivablesMember2023-06-300000835403deo:CurrentTradeAndOtherReceivablesMember2022-06-300000835403deo:NonCurrentTradeAndOtherReceivablesMember2022-06-300000835403deo:NotOverDueMember2023-06-300000835403deo:NotOverDueMember2022-06-300000835403deo:OverdueOneToThirtyDaysMember2023-06-300000835403deo:OverdueOneToThirtyDaysMember2022-06-300000835403ifrs-full:LaterThanOneMonthAndNotLaterThanTwoMonthsMember2023-06-300000835403ifrs-full:LaterThanOneMonthAndNotLaterThanTwoMonthsMember2022-06-300000835403ifrs-full:LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember2023-06-300000835403ifrs-full:LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember2022-06-300000835403deo:OverdueNinetyOneToOneHundredAndEightyDaysMember2023-06-300000835403deo:OverdueNinetyOneToOneHundredAndEightyDaysMember2022-06-300000835403deo:OverdueMoreThanOneHundredAndEightyDaysMember2023-06-300000835403deo:OverdueMoreThanOneHundredAndEightyDaysMember2022-06-300000835403deo:CurrentTradeAndOtherPayablesMember2023-06-300000835403deo:NonCurrentTradeAndOtherPayablesMember2023-06-300000835403deo:CurrentTradeAndOtherPayablesMember2022-06-300000835403deo:NonCurrentTradeAndOtherPayablesMember2022-06-300000835403deo:NonCurrentTradeAndOtherPayablesMemberifrs-full:AtFairValueMember2023-06-300000835403deo:NonCurrentTradeAndOtherPayablesMemberifrs-full:AtFairValueMember2022-06-300000835403deo:ThalidomideProvisionMember2022-06-300000835403ifrs-full:MiscellaneousOtherProvisionsMember2022-06-300000835403deo:ThalidomideProvisionMember2022-07-012023-06-300000835403ifrs-full:MiscellaneousOtherProvisionsMember2022-07-012023-06-300000835403deo:ThalidomideProvisionMember2023-06-300000835403ifrs-full:MiscellaneousOtherProvisionsMember2023-06-300000835403ifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2022-07-012023-06-300000835403ifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2023-06-300000835403ifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2022-06-300000835403deo:TransactionExposureHedgingRiskMembercurrency:USD2022-07-012023-06-300000835403deo:OtherCurrencyMemberdeo:TransactionExposureHedgingRiskMember2022-07-012023-06-300000835403ifrs-full:BottomOfRangeMemberifrs-full:FixedInterestRateMember2023-06-300000835403ifrs-full:FixedInterestRateMemberifrs-full:TopOfRangeMember2023-06-300000835403ifrs-full:FixedInterestRateMember2023-06-300000835403ifrs-full:FixedInterestRateMember2022-06-300000835403ifrs-full:FloatingInterestRateMember2023-06-300000835403ifrs-full:FloatingInterestRateMember2022-06-300000835403deo:ImpactOfFinancialDerivativesAndFairValueAdjustmentsMember2023-06-300000835403deo:ImpactOfFinancialDerivativesAndFairValueAdjustmentsMember2022-06-300000835403ifrs-full:LeaseLiabilitiesMember2023-06-300000835403ifrs-full:LeaseLiabilitiesMember2022-06-300000835403ifrs-full:WeightedAverageMember2023-06-300000835403ifrs-full:WeightedAverageMember2022-06-300000835403ifrs-full:WeightedAverageMember2021-06-300000835403ifrs-full:FairValueHedgesMemberifrs-full:InterestRateRiskMemberdeo:USDLIBORMember2023-06-300000835403ifrs-full:FairValueHedgesMemberifrs-full:InterestRateRiskMemberdeo:USDLIBORMember2022-06-300000835403ifrs-full:CommodityPriceRiskMember2022-07-012023-06-300000835403ifrs-full:InterestRateRiskMember2022-07-012023-06-300000835403ifrs-full:CurrencyRiskMember2022-07-012023-06-300000835403ifrs-full:InterestRateRiskMemberdeo:ZeroPointFivePercentageDecreaseInInterestRatesMember2022-07-012023-06-300000835403ifrs-full:InterestRateRiskMemberdeo:ZeroPointFivePercentageDecreaseInInterestRatesMember2021-07-012022-06-300000835403ifrs-full:InterestRateRiskMemberdeo:ZeroPointFivePercentageIncreaseInInterestRatesMember2022-07-012023-06-300000835403ifrs-full:InterestRateRiskMemberdeo:ZeroPointFivePercentageIncreaseInInterestRatesMember2021-07-012022-06-300000835403ifrs-full:CurrencyRiskMemberdeo:TenPercentageWeakeningOfSterlingMember2022-07-012023-06-300000835403ifrs-full:CurrencyRiskMemberdeo:TenPercentageWeakeningOfSterlingMember2021-07-012022-06-300000835403ifrs-full:CurrencyRiskMemberdeo:TenPercentageStrengtheningOfSterlingMember2022-07-012023-06-300000835403ifrs-full:CurrencyRiskMemberdeo:TenPercentageStrengtheningOfSterlingMember2021-07-012022-06-300000835403ifrs-full:LiquidityRiskMember2023-06-300000835403deo:UndiscountedAmountMemberifrs-full:NotLaterThanOneYearMember2023-06-300000835403deo:UndiscountedAmountMemberifrs-full:LaterThanOneYearAndNotLaterThanThreeYearsMember2023-06-300000835403deo:UndiscountedAmountMemberifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember2023-06-300000835403deo:UndiscountedAmountMemberifrs-full:LaterThanFiveYearsMember2023-06-300000835403deo:UndiscountedAmountMember2023-06-300000835403deo:UndiscountedAmountMemberdeo:CrossCurrencySwapsMemberifrs-full:NotLaterThanOneYearMember2023-06-300000835403deo:UndiscountedAmountMemberdeo:CrossCurrencySwapsMemberifrs-full:LaterThanOneYearAndNotLaterThanThreeYearsMember2023-06-300000835403deo:UndiscountedAmountMemberifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMemberdeo:CrossCurrencySwapsMember2023-06-300000835403deo:UndiscountedAmountMemberdeo:CrossCurrencySwapsMemberifrs-full:LaterThanFiveYearsMember2023-06-300000835403deo:UndiscountedAmountMemberdeo:CrossCurrencySwapsMember2023-06-300000835403deo:CrossCurrencySwapsMember2023-06-300000835403deo:UndiscountedAmountMemberifrs-full:NotLaterThanOneYearMember2022-06-300000835403deo:UndiscountedAmountMemberifrs-full:LaterThanOneYearAndNotLaterThanThreeYearsMember2022-06-300000835403deo:UndiscountedAmountMemberifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember2022-06-300000835403deo:UndiscountedAmountMemberifrs-full:LaterThanFiveYearsMember2022-06-300000835403deo:UndiscountedAmountMember2022-06-300000835403deo:UndiscountedAmountMemberdeo:CrossCurrencySwapsMemberifrs-full:NotLaterThanOneYearMember2022-06-300000835403deo:UndiscountedAmountMemberdeo:CrossCurrencySwapsMemberifrs-full:LaterThanOneYearAndNotLaterThanThreeYearsMember2022-06-300000835403deo:UndiscountedAmountMemberifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMemberdeo:CrossCurrencySwapsMember2022-06-300000835403deo:UndiscountedAmountMemberdeo:CrossCurrencySwapsMemberifrs-full:LaterThanFiveYearsMember2022-06-300000835403deo:UndiscountedAmountMemberdeo:CrossCurrencySwapsMember2022-06-300000835403deo:CrossCurrencySwapsMember2022-06-300000835403ifrs-full:NotLaterThanOneYearMember2023-06-300000835403ifrs-full:NotLaterThanOneYearMember2022-06-300000835403ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember2023-06-300000835403ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember2022-06-300000835403deo:LaterThanTwoYearsMember2023-06-300000835403deo:LaterThanTwoYearsMember2022-06-300000835403deo:IndustriasLicorerasDeGuatemalaMember2022-07-012023-06-300000835403deo:IndustriasLicorerasDeGuatemalaMemberdeo:PutOptionMemberifrs-full:Level3OfFairValueHierarchyMember2023-06-300000835403deo:IndustriasLicorerasDeGuatemalaMemberdeo:PutOptionMemberifrs-full:Level3OfFairValueHierarchyMember2022-06-300000835403deo:OptionExercisedAt30June2025Memberdeo:IndustriasLicorerasDeGuatemalaMember2022-07-012023-06-300000835403ifrs-full:ContingentConsiderationMemberdeo:UndiscountedAmountMemberifrs-full:BusinessCombinationsMember2023-06-300000835403ifrs-full:ContingentConsiderationMemberifrs-full:Level3OfFairValueHierarchyMemberdeo:AviationGinAndDavosBrandsMember2023-06-300000835403ifrs-full:ContingentConsiderationMemberifrs-full:Level3OfFairValueHierarchyMemberdeo:AviationGinAndDavosBrandsMember2022-06-300000835403deo:A21SeedMemberifrs-full:ContingentConsiderationMemberifrs-full:Level3OfFairValueHierarchyMember2023-06-300000835403deo:A21SeedMemberifrs-full:ContingentConsiderationMemberifrs-full:Level3OfFairValueHierarchyMember2022-06-300000835403ifrs-full:ContingentConsiderationMemberdeo:LoneRiverRanchWaterBrandMemberifrs-full:Level3OfFairValueHierarchyMember2023-06-300000835403ifrs-full:ContingentConsiderationMemberdeo:LoneRiverRanchWaterBrandMemberifrs-full:Level3OfFairValueHierarchyMember2022-06-300000835403ifrs-full:ContingentConsiderationMemberifrs-full:Level3OfFairValueHierarchyMemberdeo:DonPapaMember2023-06-300000835403ifrs-full:ContingentConsiderationMemberifrs-full:Level3OfFairValueHierarchyMemberdeo:DonPapaMember2022-06-300000835403ifrs-full:ContingentConsiderationMemberdeo:VolumeMeasurementInputMember2023-06-300000835403ifrs-full:ContingentConsiderationMemberdeo:VolumeMeasurementInputMember2022-07-012023-06-300000835403ifrs-full:ContingentConsiderationMemberdeo:CashFlowsMeasurementInputMember2023-06-300000835403ifrs-full:ContingentConsiderationMemberdeo:CashFlowsMeasurementInputMember2022-07-012023-06-300000835403ifrs-full:Level2OfFairValueHierarchyMember2023-06-300000835403ifrs-full:Level2OfFairValueHierarchyMember2022-06-300000835403ifrs-full:Level3OfFairValueHierarchyMember2023-06-300000835403ifrs-full:Level3OfFairValueHierarchyMember2022-06-300000835403ifrs-full:Level3OfFairValueHierarchyMember2022-07-012023-06-300000835403ifrs-full:Level3OfFairValueHierarchyMember2021-07-012022-06-300000835403ifrs-full:Level3OfFairValueHierarchyMemberdeo:PutOptionMember2022-06-300000835403ifrs-full:ContingentConsiderationMemberifrs-full:Level3OfFairValueHierarchyMember2022-06-300000835403ifrs-full:Level3OfFairValueHierarchyMemberdeo:PutOptionMember2021-06-300000835403ifrs-full:ContingentConsiderationMemberifrs-full:Level3OfFairValueHierarchyMember2021-06-300000835403ifrs-full:Level3OfFairValueHierarchyMemberdeo:PutOptionMember2022-07-012023-06-300000835403ifrs-full:ContingentConsiderationMemberifrs-full:Level3OfFairValueHierarchyMember2022-07-012023-06-300000835403ifrs-full:Level3OfFairValueHierarchyMemberdeo:PutOptionMember2021-07-012022-06-300000835403ifrs-full:ContingentConsiderationMemberifrs-full:Level3OfFairValueHierarchyMember2021-07-012022-06-300000835403ifrs-full:Level3OfFairValueHierarchyMemberdeo:PutOptionMember2023-06-300000835403ifrs-full:ContingentConsiderationMemberifrs-full:Level3OfFairValueHierarchyMember2023-06-300000835403ifrs-full:HedgesOfNetInvestmentInForeignOperationsMemberdeo:ForeignExchangeRiskMember2023-06-300000835403ifrs-full:HedgesOfNetInvestmentInForeignOperationsMembercurrency:USDdeo:ForeignExchangeRiskMember2023-06-300000835403deo:ForeignCurrencyDebtRiskMemberifrs-full:CashFlowHedgesMember2023-06-300000835403ifrs-full:BottomOfRangeMembercurrency:USDdeo:ForeignCurrencyDebtRiskMemberifrs-full:CashFlowHedgesMember2023-06-300000835403currency:USDifrs-full:TopOfRangeMemberdeo:ForeignCurrencyDebtRiskMemberifrs-full:CashFlowHedgesMember2023-06-300000835403deo:TransactionExposureHedgingRiskMemberifrs-full:CashFlowHedgesMember2023-06-300000835403ifrs-full:BottomOfRangeMembercurrency:USDdeo:TransactionExposureHedgingRiskMemberifrs-full:CashFlowHedgesMember2023-06-300000835403currency:USDdeo:TransactionExposureHedgingRiskMemberifrs-full:TopOfRangeMemberifrs-full:CashFlowHedgesMember2023-06-300000835403ifrs-full:BottomOfRangeMemberdeo:TransactionExposureHedgingRiskMemberifrs-full:CashFlowHedgesMembercurrency:MXN2023-06-300000835403deo:TransactionExposureHedgingRiskMemberifrs-full:TopOfRangeMemberifrs-full:CashFlowHedgesMembercurrency:MXN2023-06-300000835403ifrs-full:CommodityPriceRiskMemberifrs-full:CashFlowHedgesMember2023-06-300000835403ifrs-full:CommodityPriceRiskMemberifrs-full:BottomOfRangeMemberdeo:FeedWheatMemberifrs-full:CashFlowHedgesMember2023-06-30iso4217:USDdeo:bushel0000835403ifrs-full:CommodityPriceRiskMemberdeo:FeedWheatMemberifrs-full:TopOfRangeMemberifrs-full:CashFlowHedgesMember2023-06-300000835403ifrs-full:CommodityPriceRiskMemberifrs-full:BottomOfRangeMemberdeo:AluminiumMemberifrs-full:CashFlowHedgesMember2023-06-30deo:USD_per_Metric_Tonnes0000835403ifrs-full:CommodityPriceRiskMemberifrs-full:TopOfRangeMemberdeo:AluminiumMemberifrs-full:CashFlowHedgesMember2023-06-300000835403ifrs-full:FairValueHedgesMemberifrs-full:InterestRateRiskMember2023-06-300000835403ifrs-full:FairValueHedgesMemberifrs-full:BottomOfRangeMemberifrs-full:InterestRateRiskMember2023-06-300000835403ifrs-full:FairValueHedgesMemberifrs-full:InterestRateRiskMemberifrs-full:TopOfRangeMember2023-06-300000835403ifrs-full:HedgesOfNetInvestmentInForeignOperationsMemberdeo:ForeignExchangeRiskMember2022-06-300000835403ifrs-full:HedgesOfNetInvestmentInForeignOperationsMembercurrency:TRYdeo:ForeignExchangeRiskMember2022-06-300000835403deo:ForeignCurrencyDebtRiskMemberifrs-full:CashFlowHedgesMember2022-06-300000835403ifrs-full:BottomOfRangeMembercurrency:USDdeo:ForeignCurrencyDebtRiskMemberifrs-full:CashFlowHedgesMember2022-06-300000835403currency:USDifrs-full:TopOfRangeMemberdeo:ForeignCurrencyDebtRiskMemberifrs-full:CashFlowHedgesMember2022-06-300000835403deo:TransactionExposureHedgingRiskMemberifrs-full:CashFlowHedgesMember2022-06-300000835403ifrs-full:BottomOfRangeMembercurrency:USDdeo:TransactionExposureHedgingRiskMemberifrs-full:CashFlowHedgesMember2022-06-300000835403currency:USDdeo:TransactionExposureHedgingRiskMemberifrs-full:TopOfRangeMemberifrs-full:CashFlowHedgesMember2022-06-300000835403ifrs-full:BottomOfRangeMemberdeo:TransactionExposureHedgingRiskMembercurrency:EURifrs-full:CashFlowHedgesMember2022-06-300000835403deo:TransactionExposureHedgingRiskMemberifrs-full:TopOfRangeMembercurrency:EURifrs-full:CashFlowHedgesMember2022-06-300000835403ifrs-full:CommodityPriceRiskMemberifrs-full:CashFlowHedgesMember2022-06-300000835403ifrs-full:CommodityPriceRiskMemberifrs-full:BottomOfRangeMembersrt:NaturalGasReservesMemberifrs-full:CashFlowHedgesMember2022-06-30deo:poundSterlingPerTherm0000835403ifrs-full:CommodityPriceRiskMembersrt:NaturalGasReservesMemberifrs-full:TopOfRangeMemberifrs-full:CashFlowHedgesMember2022-06-300000835403ifrs-full:CommodityPriceRiskMemberifrs-full:BottomOfRangeMemberdeo:AluminiumMemberifrs-full:CashFlowHedgesMember2022-06-300000835403ifrs-full:CommodityPriceRiskMemberifrs-full:TopOfRangeMemberdeo:AluminiumMemberifrs-full:CashFlowHedgesMember2022-06-300000835403ifrs-full:FairValueHedgesMemberifrs-full:InterestRateRiskMember2022-06-300000835403ifrs-full:FairValueHedgesMemberifrs-full:BottomOfRangeMemberifrs-full:InterestRateRiskMember2022-06-300000835403ifrs-full:FairValueHedgesMemberifrs-full:InterestRateRiskMemberifrs-full:TopOfRangeMember2022-06-300000835403ifrs-full:CashFlowHedgesMember2022-07-012023-06-300000835403ifrs-full:CashFlowHedgesMember2021-07-012022-06-300000835403ifrs-full:CashFlowHedgesMember2020-07-012021-06-300000835403deo:TransactionExposureHedgingRiskMemberifrs-full:CashFlowHedgesMember2022-07-012023-06-300000835403deo:ForeignCurrencyDebtRiskMemberifrs-full:CashFlowHedgesMember2022-07-012023-06-300000835403deo:TransactionExposureHedgingRiskMemberifrs-full:CashFlowHedgesMember2021-07-012022-06-300000835403deo:ForeignCurrencyDebtRiskMemberifrs-full:CashFlowHedgesMember2021-07-012022-06-300000835403deo:TransactionExposureHedgingRiskMemberifrs-full:CashFlowHedgesMember2020-07-012021-06-300000835403deo:ForeignCurrencyDebtRiskMemberifrs-full:CashFlowHedgesMember2020-07-012021-06-300000835403ifrs-full:DerivativesMemberifrs-full:CommodityPriceRiskMemberifrs-full:CashFlowHedgesMember2022-07-012023-06-300000835403ifrs-full:DerivativesMemberifrs-full:CommodityPriceRiskMemberifrs-full:CashFlowHedgesMember2021-07-012022-06-300000835403ifrs-full:DerivativesMemberifrs-full:CommodityPriceRiskMemberifrs-full:CashFlowHedgesMember2020-07-012021-06-300000835403srt:ScenarioForecastMemberifrs-full:CashFlowHedgesMember2023-07-012024-06-300000835403srt:ScenarioForecastMemberifrs-full:CashFlowHedgesMember2024-07-012025-06-300000835403ifrs-full:DerivativesMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMemberdeo:ForeignExchangeRiskMember2022-06-300000835403ifrs-full:DerivativesMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMemberdeo:ForeignExchangeRiskMember2022-07-012023-06-300000835403ifrs-full:DerivativesMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMemberdeo:ForeignExchangeRiskMember2023-06-300000835403ifrs-full:DerivativesMemberdeo:ForeignCurrencyDebtRiskMemberifrs-full:CashFlowHedgesMember2022-06-300000835403ifrs-full:DerivativesMemberdeo:ForeignCurrencyDebtRiskMemberifrs-full:CashFlowHedgesMember2022-07-012023-06-300000835403ifrs-full:DerivativesMemberdeo:ForeignCurrencyDebtRiskMemberifrs-full:CashFlowHedgesMember2023-06-300000835403ifrs-full:DerivativesMemberdeo:TransactionExposureHedgingRiskMemberifrs-full:CashFlowHedgesMember2022-06-300000835403ifrs-full:DerivativesMemberdeo:TransactionExposureHedgingRiskMemberifrs-full:CashFlowHedgesMember2022-07-012023-06-300000835403ifrs-full:DerivativesMemberdeo:TransactionExposureHedgingRiskMemberifrs-full:CashFlowHedgesMember2023-06-300000835403ifrs-full:DerivativesMemberifrs-full:CommodityPriceRiskMemberifrs-full:CashFlowHedgesMember2022-06-300000835403ifrs-full:DerivativesMemberifrs-full:CommodityPriceRiskMemberifrs-full:CashFlowHedgesMember2023-06-300000835403ifrs-full:DerivativesMemberifrs-full:FairValueHedgesMemberifrs-full:InterestRateRiskMember2022-06-300000835403ifrs-full:DerivativesMemberifrs-full:FairValueHedgesMemberifrs-full:InterestRateRiskMember2022-07-012023-06-300000835403ifrs-full:DerivativesMemberifrs-full:FairValueHedgesMemberifrs-full:InterestRateRiskMember2023-06-300000835403ifrs-full:FairValueHedgesMember2022-06-300000835403ifrs-full:FairValueHedgesMember2022-07-012023-06-300000835403ifrs-full:FairValueHedgesMember2023-06-300000835403ifrs-full:DerivativesMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMemberdeo:ForeignExchangeRiskMember2021-06-300000835403ifrs-full:DerivativesMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMemberdeo:ForeignExchangeRiskMember2021-07-012022-06-300000835403ifrs-full:DerivativesMemberdeo:ForeignCurrencyDebtRiskMemberifrs-full:CashFlowHedgesMember2021-06-300000835403ifrs-full:DerivativesMemberdeo:ForeignCurrencyDebtRiskMemberifrs-full:CashFlowHedgesMember2021-07-012022-06-300000835403ifrs-full:DerivativesMemberdeo:TransactionExposureHedgingRiskMemberifrs-full:CashFlowHedgesMember2021-06-300000835403ifrs-full:DerivativesMemberdeo:TransactionExposureHedgingRiskMemberifrs-full:CashFlowHedgesMember2021-07-012022-06-300000835403ifrs-full:DerivativesMemberifrs-full:CommodityPriceRiskMemberifrs-full:CashFlowHedgesMember2021-06-300000835403ifrs-full:DerivativesMemberifrs-full:FairValueHedgesMemberifrs-full:InterestRateRiskMember2021-06-300000835403ifrs-full:DerivativesMemberifrs-full:FairValueHedgesMemberifrs-full:InterestRateRiskMember2021-07-012022-06-300000835403ifrs-full:FairValueHedgesMember2021-06-300000835403ifrs-full:FairValueHedgesMember2021-07-012022-06-300000835403ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberdeo:OtherInvestmentsAndLoansMember2023-06-300000835403ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMemberdeo:OtherInvestmentsAndLoansMember2023-06-300000835403ifrs-full:FinancialAssetsAtAmortisedCostCategoryMemberdeo:OtherInvestmentsAndLoansMember2023-06-300000835403deo:OtherInvestmentsAndLoansMemberdeo:FinancialAssetsOutsideScopeOfIFRS9Member2023-06-300000835403deo:OtherInvestmentsAndLoansMember2023-06-300000835403ifrs-full:FinancialAssetsAtAmortisedCostCategoryMemberdeo:TradeAndOtherReceivableMember2023-06-300000835403deo:FinancialAssetsOutsideScopeOfIFRS9Memberdeo:TradeAndOtherReceivableMember2023-06-300000835403deo:TradeAndOtherReceivableMember2023-06-300000835403deo:CashCashAndCashEquivalentMemberifrs-full:FinancialAssetsAtAmortisedCostCategoryMember2023-06-300000835403deo:CashCashAndCashEquivalentMember2023-06-300000835403ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberdeo:ForeignCurrencyDebtRiskMemberifrs-full:CashFlowHedgesMemberdeo:DerivativesAssetsMember2023-06-300000835403deo:ForeignCurrencyDebtRiskMemberifrs-full:CashFlowHedgesMemberdeo:DerivativesAssetsMember2023-06-300000835403deo:TransactionExposureHedgingRiskMemberifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:CashFlowHedgesMemberdeo:DerivativesAssetsMember2023-06-300000835403deo:TransactionExposureHedgingRiskMemberifrs-full:CashFlowHedgesMemberdeo:DerivativesAssetsMember2023-06-300000835403ifrs-full:CommodityPriceRiskMemberifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:CashFlowHedgesMemberdeo:DerivativesAssetsMember2023-06-300000835403ifrs-full:CommodityPriceRiskMemberifrs-full:CashFlowHedgesMemberdeo:DerivativesAssetsMember2023-06-300000835403deo:OtherInstrumentsAssetsMemberifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember2023-06-300000835403deo:OtherInstrumentsAssetsMember2023-06-300000835403ifrs-full:FinancialAssetsAtAmortisedCostCategoryMemberdeo:LeasereceivableMember2023-06-300000835403deo:LeasereceivableMember2023-06-300000835403ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberdeo:OtherFinancialAssetMember2023-06-300000835403ifrs-full:FinancialAssetsAtAmortisedCostCategoryMemberdeo:OtherFinancialAssetMember2023-06-300000835403deo:OtherFinancialAssetMember2023-06-300000835403ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember2023-06-300000835403ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember2023-06-300000835403ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember2023-06-300000835403deo:FinancialAssetsOutsideScopeOfIFRS9Member2023-06-300000835403ifrs-full:FinancialLiabilitiesAtAmortisedCostCategoryMemberdeo:Borrowings1Member2023-06-300000835403deo:Borrowings1Member2023-06-300000835403deo:TradeAndOtherPayableMemberifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember2023-06-300000835403deo:TradeAndOtherPayableMemberifrs-full:FinancialLiabilitiesAtAmortisedCostCategoryMember2023-06-300000835403deo:TradeAndOtherPayableMemberdeo:FinancialLiabilitiesOutsideScopeOfIfrs9Member2023-06-300000835403deo:TradeAndOtherPayableMember2023-06-300000835403ifrs-full:FairValueHedgesMemberifrs-full:InterestRateRiskMemberdeo:DerivativeLiabilitiesMemberifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember2023-06-300000835403ifrs-full:FairValueHedgesMemberifrs-full:InterestRateRiskMemberdeo:DerivativeLiabilitiesMember2023-06-300000835403deo:DerivativeLiabilitiesMemberdeo:TransactionExposureHedgingRiskMemberifrs-full:CashFlowHedgesMemberifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember2023-06-300000835403deo:DerivativeLiabilitiesMemberdeo:TransactionExposureHedgingRiskMemberifrs-full:CashFlowHedgesMember2023-06-300000835403ifrs-full:CommodityPriceRiskMemberdeo:DerivativeLiabilitiesMemberifrs-full:CashFlowHedgesMemberifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember2023-06-300000835403ifrs-full:CommodityPriceRiskMemberdeo:DerivativeLiabilitiesMemberifrs-full:CashFlowHedgesMember2023-06-300000835403deo:OtherInstrumentsLiabilitiesMemberifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember2023-06-300000835403deo:OtherInstrumentsLiabilitiesMemberifrs-full:FinancialLiabilitiesAtAmortisedCostCategoryMember2023-06-300000835403deo:OtherInstrumentsLiabilitiesMember2023-06-300000835403ifrs-full:LeaseLiabilitiesMemberifrs-full:FinancialLiabilitiesAtAmortisedCostCategoryMember2023-06-300000835403ifrs-full:LeaseLiabilitiesMember2023-06-300000835403deo:OtherFinancialLiabilities1Memberifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember2023-06-300000835403deo:OtherFinancialLiabilities1Memberifrs-full:FinancialLiabilitiesAtAmortisedCostCategoryMember2023-06-300000835403deo:OtherFinancialLiabilities1Member2023-06-300000835403ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember2023-06-300000835403ifrs-full:FinancialLiabilitiesAtAmortisedCostCategoryMember2023-06-300000835403deo:FinancialLiabilitiesOutsideScopeOfIfrs9Member2023-06-300000835403deo:FairValueThroughProfitOrLossCategoryMember2023-06-300000835403deo:FairValueThroughOtherComprehensiveIncomeMember2023-06-300000835403deo:AtAmortisedCostCategoryMember2023-06-300000835403deo:OutsideScopeOfIFRS9Member2023-06-300000835403ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberdeo:OtherInvestmentsAndLoansMember2022-06-300000835403ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMemberdeo:OtherInvestmentsAndLoansMember2022-06-300000835403ifrs-full:FinancialAssetsAtAmortisedCostCategoryMemberdeo:OtherInvestmentsAndLoansMember2022-06-300000835403deo:OtherInvestmentsAndLoansMemberdeo:FinancialAssetsOutsideScopeOfIFRS9Member2022-06-300000835403deo:OtherInvestmentsAndLoansMember2022-06-300000835403ifrs-full:FinancialAssetsAtAmortisedCostCategoryMemberdeo:TradeAndOtherReceivableMember2022-06-300000835403deo:FinancialAssetsOutsideScopeOfIFRS9Memberdeo:TradeAndOtherReceivableMember2022-06-300000835403deo:TradeAndOtherReceivableMember2022-06-300000835403deo:CashCashAndCashEquivalentMemberifrs-full:FinancialAssetsAtAmortisedCostCategoryMember2022-06-300000835403deo:CashCashAndCashEquivalentMember2022-06-300000835403ifrs-full:FairValueHedgesMemberifrs-full:InterestRateRiskMemberifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberdeo:DerivativesAssetsMember2022-06-300000835403ifrs-full:FairValueHedgesMemberifrs-full:InterestRateRiskMemberdeo:DerivativesAssetsMember2022-06-300000835403ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberdeo:ForeignCurrencyDebtRiskMemberifrs-full:CashFlowHedgesMemberdeo:DerivativesAssetsMember2022-06-300000835403deo:ForeignCurrencyDebtRiskMemberifrs-full:CashFlowHedgesMemberdeo:DerivativesAssetsMember2022-06-300000835403deo:TransactionExposureHedgingRiskMemberifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:CashFlowHedgesMemberdeo:DerivativesAssetsMember2022-06-300000835403deo:TransactionExposureHedgingRiskMemberifrs-full:CashFlowHedgesMemberdeo:DerivativesAssetsMember2022-06-300000835403ifrs-full:CommodityPriceRiskMemberifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:CashFlowHedgesMemberdeo:DerivativesAssetsMember2022-06-300000835403ifrs-full:CommodityPriceRiskMemberifrs-full:CashFlowHedgesMemberdeo:DerivativesAssetsMember2022-06-300000835403deo:OtherInstrumentsAssetsMemberifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember2022-06-300000835403deo:OtherInstrumentsAssetsMember2022-06-300000835403ifrs-full:FinancialAssetsAtAmortisedCostCategoryMemberdeo:LeasereceivableMember2022-06-300000835403deo:LeasereceivableMember2022-06-300000835403ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberdeo:OtherFinancialAssetMember2022-06-300000835403ifrs-full:FinancialAssetsAtAmortisedCostCategoryMemberdeo:OtherFinancialAssetMember2022-06-300000835403deo:OtherFinancialAssetMember2022-06-300000835403ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember2022-06-300000835403ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember2022-06-300000835403ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember2022-06-300000835403deo:FinancialAssetsOutsideScopeOfIFRS9Member2022-06-300000835403ifrs-full:FinancialLiabilitiesAtAmortisedCostCategoryMemberdeo:Borrowings1Member2022-06-300000835403deo:Borrowings1Member2022-06-300000835403deo:TradeAndOtherPayableMemberifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember2022-06-300000835403deo:TradeAndOtherPayableMemberifrs-full:FinancialLiabilitiesAtAmortisedCostCategoryMember2022-06-300000835403deo:TradeAndOtherPayableMemberdeo:FinancialLiabilitiesOutsideScopeOfIfrs9Member2022-06-300000835403deo:TradeAndOtherPayableMember2022-06-300000835403ifrs-full:FairValueHedgesMemberifrs-full:InterestRateRiskMemberdeo:DerivativeLiabilitiesMemberifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember2022-06-300000835403ifrs-full:FairValueHedgesMemberifrs-full:InterestRateRiskMemberdeo:DerivativeLiabilitiesMember2022-06-300000835403deo:DerivativeLiabilitiesMemberdeo:TransactionExposureHedgingRiskMemberifrs-full:CashFlowHedgesMemberifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember2022-06-300000835403deo:DerivativeLiabilitiesMemberdeo:TransactionExposureHedgingRiskMemberifrs-full:CashFlowHedgesMember2022-06-300000835403ifrs-full:CommodityPriceRiskMemberdeo:DerivativeLiabilitiesMemberifrs-full:CashFlowHedgesMemberifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember2022-06-300000835403ifrs-full:CommodityPriceRiskMemberdeo:DerivativeLiabilitiesMemberifrs-full:CashFlowHedgesMember2022-06-300000835403deo:DerivativeLiabilitiesMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMemberifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMemberdeo:ForeignExchangeRiskMember2022-06-300000835403deo:DerivativeLiabilitiesMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMemberdeo:ForeignExchangeRiskMember2022-06-300000835403deo:OtherInstrumentsLiabilitiesMemberifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember2022-06-300000835403deo:OtherInstrumentsLiabilitiesMemberifrs-full:FinancialLiabilitiesAtAmortisedCostCategoryMember2022-06-300000835403deo:OtherInstrumentsLiabilitiesMember2022-06-300000835403ifrs-full:LeaseLiabilitiesMemberifrs-full:FinancialLiabilitiesAtAmortisedCostCategoryMember2022-06-300000835403ifrs-full:LeaseLiabilitiesMember2022-06-300000835403deo:OtherFinancialLiabilities1Memberifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember2022-06-300000835403deo:OtherFinancialLiabilities1Memberifrs-full:FinancialLiabilitiesAtAmortisedCostCategoryMember2022-06-300000835403deo:OtherFinancialLiabilities1Member2022-06-300000835403ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember2022-06-300000835403ifrs-full:FinancialLiabilitiesAtAmortisedCostCategoryMember2022-06-300000835403deo:FinancialLiabilitiesOutsideScopeOfIfrs9Member2022-06-300000835403deo:FairValueThroughProfitOrLossCategoryMember2022-06-300000835403deo:FairValueThroughOtherComprehensiveIncomeMember2022-06-300000835403deo:AtAmortisedCostCategoryMember2022-06-300000835403deo:OutsideScopeOfIFRS9Member2022-06-300000835403ifrs-full:AtFairValueMemberifrs-full:Level1OfFairValueHierarchyMember2023-06-300000835403ifrs-full:AtFairValueMemberifrs-full:Level1OfFairValueHierarchyMember2022-06-300000835403ifrs-full:BottomOfRangeMember2022-07-012023-06-300000835403ifrs-full:TopOfRangeMember2022-07-012023-06-300000835403deo:EightPercentageBondsDueTwoThousandTwentyTwoMember2023-06-300000835403deo:EightPercentageBondsDueTwoThousandTwentyTwoMember2022-06-300000835403deo:TwoPointSixTwoFivePercentageBondsDueTwoThousandTwentyThreeMember2023-06-300000835403deo:TwoPointSixTwoFivePercentageBondsDueTwoThousandTwentyThreeMember2022-06-300000835403deo:ZeroPointOneTwoFivePercentBondsDueTwoThousandTwentyThreeMember2023-06-300000835403deo:ZeroPointOneTwoFivePercentBondsDueTwoThousandTwentyThreeMember2022-06-300000835403deo:ThreePointFivePercentageBondsDueTwoThousandTwentyThreeMember2023-06-300000835403deo:ThreePointFivePercentageBondsDueTwoThousandTwentyThreeMember2022-06-300000835403deo:ZeroPointFiveZeroPercentageBondsDueTwoThousandAndTwentyFourMember2023-06-300000835403deo:ZeroPointFiveZeroPercentageBondsDueTwoThousandAndTwentyFourMember2022-06-300000835403deo:TwoPointOneTwoFivePercentageBondsDueTwoThousandTwentyFourMember2023-06-300000835403deo:TwoPointOneTwoFivePercentageBondsDueTwoThousandTwentyFourMember2022-06-300000835403deo:OnePointSevenFivePercentageBondsDueTwoThousandTwentyFourMember2023-06-300000835403deo:OnePointSevenFivePercentageBondsDueTwoThousandTwentyFourMember2022-06-300000835403deo:FivePointTwoPercentageBondsDueTwoThousandTwentyFiveMember2023-06-300000835403deo:FivePointTwoPercentageBondsDueTwoThousandTwentyFiveMember2022-06-300000835403deo:OnePointThreeSevenFivePercentageBondsDueTwoThousandTwentyFiveMember2023-06-300000835403deo:OnePointThreeSevenFivePercentageBondsDueTwoThousandTwentyFiveMember2022-06-300000835403deo:OnePointZeroPercentageBondsDueTwoThousandTwentyFiveMember2023-06-300000835403deo:OnePointZeroPercentageBondsDueTwoThousandTwentyFiveMember2022-06-300000835403deo:ThreePointFivePercentageBondsDueTwoThousandTwentyFiveMember2023-06-300000835403deo:ThreePointFivePercentageBondsDueTwoThousandTwentyFiveMember2022-06-300000835403deo:TwoPointThreeSevenFivePercentageBondsDueTwoThousandTwentySixMember2023-06-300000835403deo:TwoPointThreeSevenFivePercentageBondsDueTwoThousandTwentySixMember2022-06-300000835403deo:OnePointSevenFivePercentageBondsDueTwoThousandTwentySixMember2023-06-300000835403deo:OnePointSevenFivePercentageBondsDueTwoThousandTwentySixMember2022-06-300000835403deo:FivePointThreeZeroPercentageBondsDueTwoThousandAndTwentySevenMember2023-06-300000835403deo:FivePointThreeZeroPercentageBondsDueTwoThousandAndTwentySevenMember2022-06-300000835403deo:OnePointEightSevenFiveZeroPercentageBondsDueTwoThousandAndTwentySevenMember2023-06-300000835403deo:OnePointEightSevenFiveZeroPercentageBondsDueTwoThousandAndTwentySevenMember2022-06-300000835403deo:OnePointFiveZeroPercentageBondsDueTwoThousandAndTwentySevenMember2023-06-300000835403deo:OnePointFiveZeroPercentageBondsDueTwoThousandAndTwentySevenMember2022-06-300000835403deo:ZeroPointOneTwoFivePercentageBondsDueTwoThousandAndTwentyEightMember2023-06-300000835403deo:ZeroPointOneTwoFivePercentageBondsDueTwoThousandAndTwentyEightMember2022-06-300000835403deo:ThreePointEightSevenFivePercentageBondsDueTwoThousandAndTwentyEightMember2023-06-300000835403deo:ThreePointEightSevenFivePercentageBondsDueTwoThousandAndTwentyEightMember2022-06-300000835403deo:TwoPointThreeSevenFivePercentageBondsDueTwoThousandAndTwentyEightMember2023-06-300000835403deo:TwoPointThreeSevenFivePercentageBondsDueTwoThousandAndTwentyEightMember2022-06-300000835403deo:TwopointthreesevenfivepercentagebondsduetwothousandandtwentynineMember2023-06-300000835403deo:TwopointthreesevenfivepercentagebondsduetwothousandandtwentynineMember2022-06-300000835403deo:TwopointeightsevenfivepercentagebondsduetwothousandandtwentynineMember2023-06-300000835403deo:TwopointeightsevenfivepercentagebondsduetwothousandandtwentynineMember2022-06-300000835403deo:OnePointOneFivePercentageBondsDueTwoThousandAndTwentyNineMember2023-06-300000835403deo:OnePointOneFivePercentageBondsDueTwoThousandAndTwentyNineMember2022-06-300000835403deo:TwopointzeropercentagebondsduetwothousandandthirtyMember2023-06-300000835403deo:TwopointzeropercentagebondsduetwothousandandthirtyMember2022-06-300000835403deo:TwopointfivepercentagebondsduetwothousandandthirtytwoMember2023-06-300000835403deo:TwopointfivepercentagebondsduetwothousandandthirtytwoMember2022-06-300000835403deo:TwopointonetwofivepercentagebondsduetwothousandandthirtytwoMember2023-06-300000835403deo:TwopointonetwofivepercentagebondsduetwothousandandthirtytwoMember2022-06-300000835403deo:OnePointTwoFivePercentageBondsDueTwoThousandAndThirtyThreeMember2023-06-300000835403deo:OnePointTwoFivePercentageBondsDueTwoThousandAndThirtyThreeMember2022-06-300000835403deo:FivePointFivePercentageBondsDueTwoThousandThirtyThreeMember2023-06-300000835403deo:FivePointFivePercentageBondsDueTwoThousandThirtyThreeMember2022-06-300000835403deo:OnePointOneFivePercentageBondsDueTwoThousandThirtyFourMember2023-06-300000835403deo:OnePointOneFivePercentageBondsDueTwoThousandThirtyFourMember2022-06-300000835403deo:SevenPointFourFiveZeroPercentageBondsDueTwoThousandThirtyFiveMember2023-06-300000835403deo:SevenPointFourFiveZeroPercentageBondsDueTwoThousandThirtyFiveMember2022-06-300000835403deo:FivePointEightSevenFivePercentageBondsDueTwoThousandThirtySixMember2023-06-300000835403deo:FivePointEightSevenFivePercentageBondsDueTwoThousandThirtySixMember2022-06-300000835403deo:TwoPointSevenFiveZeoPercentageBondsDueTwoThousandThirtyEightMember2023-06-300000835403deo:TwoPointSevenFiveZeoPercentageBondsDueTwoThousandThirtyEightMember2022-06-300000835403deo:FourPointTwoFivePercentageBondsDueTwoThousandFortyTwoMember2023-06-300000835403deo:FourPointTwoFivePercentageBondsDueTwoThousandFortyTwoMember2022-06-300000835403deo:ThreePointEightSevenFivePercentageBondsDueTwoThousandFortyThreeMember2023-06-300000835403deo:ThreePointEightSevenFivePercentageBondsDueTwoThousandFortyThreeMember2022-06-300000835403deo:DiageoInvestmentCorporationMember2022-07-012023-06-300000835403deo:DiageoCapitalPlcMember2022-07-012023-06-300000835403ifrs-full:LaterThanOneYearAndNotLaterThanThreeYearsMember2023-06-300000835403ifrs-full:LaterThanOneYearAndNotLaterThanThreeYearsMember2022-06-300000835403ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember2023-06-300000835403ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember2022-06-300000835403ifrs-full:LaterThanFiveYearsMember2023-06-300000835403ifrs-full:LaterThanFiveYearsMember2022-06-300000835403currency:GBP2023-06-300000835403currency:GBP2022-06-300000835403currency:GBP2021-06-300000835403currency:INR2023-06-300000835403currency:INR2022-06-300000835403currency:MXN2023-06-300000835403currency:MXN2022-06-300000835403currency:HUF2023-06-300000835403currency:HUF2022-06-300000835403currency:KES2023-06-300000835403currency:KES2022-06-300000835403currency:CNY2023-06-300000835403currency:CNY2022-06-300000835403currency:NGN2023-06-300000835403currency:NGN2022-06-300000835403deo:OtherCurrenciesMember2023-06-300000835403deo:OtherCurrenciesMember2022-06-300000835403deo:TurkishLiraAndEuroMember2022-06-300000835403ifrs-full:ReserveOfCashFlowHedgesMember2020-06-300000835403ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember2020-06-300000835403deo:ReserveOfCashFlowHedgesAndExchangeDifferencesOnTranslationMember2020-06-300000835403ifrs-full:ReserveOfCashFlowHedgesMember2020-07-012021-06-300000835403ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember2020-07-012021-06-300000835403deo:ReserveOfCashFlowHedgesAndExchangeDifferencesOnTranslationMember2020-07-012021-06-300000835403ifrs-full:ReserveOfCashFlowHedgesMember2021-06-300000835403ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember2021-06-300000835403deo:ReserveOfCashFlowHedgesAndExchangeDifferencesOnTranslationMember2021-06-300000835403ifrs-full:ReserveOfCashFlowHedgesMember2021-07-012022-06-300000835403ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember2021-07-012022-06-300000835403deo:ReserveOfCashFlowHedgesAndExchangeDifferencesOnTranslationMember2021-07-012022-06-300000835403ifrs-full:ReserveOfCashFlowHedgesMember2022-06-300000835403ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember2022-06-300000835403deo:ReserveOfCashFlowHedgesAndExchangeDifferencesOnTranslationMember2022-06-300000835403ifrs-full:ReserveOfCashFlowHedgesMember2022-07-012023-06-300000835403ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember2022-07-012023-06-300000835403deo:ReserveOfCashFlowHedgesAndExchangeDifferencesOnTranslationMember2022-07-012023-06-300000835403ifrs-full:ReserveOfCashFlowHedgesMember2023-06-300000835403ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember2023-06-300000835403deo:ReserveOfCashFlowHedgesAndExchangeDifferencesOnTranslationMember2023-06-300000835403deo:ShareTrustsMemberifrs-full:TreasurySharesMember2020-07-012021-06-300000835403deo:SharePlansMemberifrs-full:TreasurySharesMember2020-07-012021-06-300000835403deo:ShareBuyBackProgrammeMemberifrs-full:TreasurySharesMember2020-07-012021-06-300000835403deo:ShareTrustsMemberifrs-full:TreasurySharesMember2021-07-012022-06-300000835403deo:SharePlansMemberifrs-full:TreasurySharesMember2021-07-012022-06-300000835403deo:ShareBuyBackProgrammeMemberifrs-full:TreasurySharesMember2021-07-012022-06-300000835403deo:ShareTrustsMemberifrs-full:TreasurySharesMember2022-07-012023-06-300000835403deo:SharePlansMemberifrs-full:TreasurySharesMember2022-07-012023-06-300000835403deo:ShareBuyBackProgrammeMemberifrs-full:TreasurySharesMember2022-07-012023-06-300000835403deo:EmployeeShareTrustsMember2023-06-300000835403deo:EmployeeShareTrustsMember2022-06-300000835403deo:EmployeeShareTrustsMember2021-06-3000008354032022-10-060000835403deo:DiageoPlcMemberdeo:ShareBuyBackProgrammeMember2022-07-012023-06-300000835403deo:ShareBuyBackProgrammeMember2022-07-012023-02-030000835403deo:ShareBuyBackProgrammeMember2019-07-252023-02-030000835403deo:ShareBuyBackProgrammeMember2023-02-162023-06-060000835403deo:DiageoPlcMemberdeo:ShareBuyBackProgrammeMember2021-07-012022-06-300000835403deo:DiageoPlcMemberdeo:ShareBuyBackProgrammeMember2020-07-012021-06-300000835403deo:TreasurySharesPurchasedDuringTheYearMemberdeo:ShareBuyBackProgrammeMember2022-07-012022-07-310000835403deo:TreasurySharesPurchasedDuringTheYearMember2022-07-012022-07-310000835403deo:TreasurySharesPurchasedDuringTheYearMember2022-07-310000835403deo:TreasurySharesPurchasedDuringTheYearMemberdeo:ShareBuyBackProgrammeMember2022-08-012022-08-310000835403deo:TreasurySharesPurchasedDuringTheYearMember2022-08-012022-08-310000835403deo:TreasurySharesPurchasedDuringTheYearMember2022-08-310000835403deo:TreasurySharesPurchasedDuringTheYearMemberdeo:ShareBuyBackProgrammeMember2022-09-012022-09-300000835403deo:TreasurySharesPurchasedDuringTheYearMember2022-09-012022-09-300000835403deo:TreasurySharesPurchasedDuringTheYearMember2022-09-300000835403deo:TreasurySharesPurchasedDuringTheYearMemberdeo:ShareBuyBackProgrammeMember2022-10-012022-10-060000835403deo:TreasurySharesPurchasedDuringTheYearMember2022-10-012022-10-060000835403deo:TreasurySharesPurchasedDuringTheYearMember2022-10-060000835403deo:TreasurySharesPurchasedDuringTheYearMemberdeo:ShareBuyBackProgrammeMember2022-10-072022-10-310000835403deo:TreasurySharesPurchasedDuringTheYearMember2022-10-072022-10-310000835403deo:TreasurySharesPurchasedDuringTheYearMember2022-10-310000835403deo:TreasurySharesPurchasedDuringTheYearMemberdeo:ShareBuyBackProgrammeMember2022-11-012022-11-300000835403deo:TreasurySharesPurchasedDuringTheYearMember2022-11-012022-11-300000835403deo:TreasurySharesPurchasedDuringTheYearMember2022-11-300000835403deo:TreasurySharesPurchasedDuringTheYearMemberdeo:ShareBuyBackProgrammeMember2022-12-012022-12-310000835403deo:TreasurySharesPurchasedDuringTheYearMember2022-12-012022-12-310000835403deo:TreasurySharesPurchasedDuringTheYearMember2022-12-310000835403deo:TreasurySharesPurchasedDuringTheYearMemberdeo:ShareBuyBackProgrammeMember2023-01-012023-01-310000835403deo:TreasurySharesPurchasedDuringTheYearMember2023-01-012023-01-310000835403deo:TreasurySharesPurchasedDuringTheYearMember2023-01-310000835403deo:TreasurySharesPurchasedDuringTheYearMemberdeo:ShareBuyBackProgrammeMember2023-02-012023-02-280000835403deo:TreasurySharesPurchasedDuringTheYearMember2023-02-012023-02-280000835403deo:TreasurySharesPurchasedDuringTheYearMember2023-02-280000835403deo:TreasurySharesPurchasedDuringTheYearMemberdeo:ShareBuyBackProgrammeMember2023-03-012023-03-310000835403deo:TreasurySharesPurchasedDuringTheYearMember2023-03-012023-03-310000835403deo:TreasurySharesPurchasedDuringTheYearMember2023-03-310000835403deo:TreasurySharesPurchasedDuringTheYearMemberdeo:ShareBuyBackProgrammeMember2023-04-012023-04-300000835403deo:TreasurySharesPurchasedDuringTheYearMember2023-04-012023-04-300000835403deo:TreasurySharesPurchasedDuringTheYearMember2023-04-300000835403deo:TreasurySharesPurchasedDuringTheYearMemberdeo:ShareBuyBackProgrammeMember2023-05-012023-05-310000835403deo:TreasurySharesPurchasedDuringTheYearMember2023-05-012023-05-310000835403deo:TreasurySharesPurchasedDuringTheYearMember2023-05-310000835403deo:TreasurySharesPurchasedDuringTheYearMemberdeo:ShareBuyBackProgrammeMember2023-06-012023-06-300000835403deo:TreasurySharesPurchasedDuringTheYearMember2023-06-012023-06-300000835403deo:TreasurySharesPurchasedDuringTheYearMember2023-06-300000835403deo:TreasurySharesPurchasedDuringTheYearMemberdeo:ShareBuyBackProgrammeMember2022-07-012023-06-300000835403deo:TreasurySharesPurchasedDuringTheYearMember2022-07-012023-06-3000008354032021-09-3000008354032019-07-012020-06-300000835403ifrs-full:MajorOrdinaryShareTransactionsMember2023-07-312023-07-310000835403deo:UnitedSpiritsLimitedMember2023-01-012023-06-300000835403deo:SichuanShuijingfangCompanyLimitedMember2022-07-012023-06-300000835403deo:KetelOneMember2022-07-012023-06-300000835403deo:UnitedSpiritsLimitedMember2022-07-012023-06-300000835403deo:OthersThanUSLMember2022-07-012023-06-300000835403deo:EntitiesValueForSubsidiaryMember2022-07-012023-06-300000835403deo:EntitiesValueForSubsidiaryMember2021-07-012022-06-300000835403deo:EntitiesValueForSubsidiaryMember2020-07-012021-06-300000835403deo:UnitedSpiritsLimitedMember2023-06-300000835403deo:OthersThanUSLMember2023-06-300000835403deo:EntitiesValueForSubsidiaryMember2023-06-300000835403deo:EntitiesValueForSubsidiaryMember2022-06-300000835403deo:EntitiesValueForSubsidiaryMember2021-06-300000835403deo:KetelOneDistributionRightMember2021-06-300000835403deo:UnitedSpiritsLimitedMemberdeo:PioneerDistilleriesLimitedPDLMember2022-07-012022-12-310000835403deo:UnitedSpiritsLimitedMember2022-07-012022-12-310000835403deo:UnitedSpiritsLimitedMember2023-01-012023-06-300000835403deo:EastAfricanBreweriesLimitedMemberdeo:DiageoKenyaLimitedMember2022-07-012023-03-230000835403deo:ExecutiveShareAwardPlansMember2022-07-012023-06-300000835403deo:ExecutiveShareAwardPlansMember2021-07-012022-06-300000835403deo:ExecutiveShareAwardPlansMember2020-07-012021-06-300000835403deo:ExecutiveShareOptionPlansMember2022-07-012023-06-300000835403deo:ExecutiveShareOptionPlansMember2021-07-012022-06-300000835403deo:ExecutiveShareOptionPlansMember2020-07-012021-06-300000835403deo:SavingsPlansMember2022-07-012023-06-300000835403deo:SavingsPlansMember2021-07-012022-06-300000835403deo:SavingsPlansMember2020-07-012021-06-300000835403deo:EquitysettledPlansMember2022-07-012023-06-300000835403deo:EquitysettledPlansMember2021-07-012022-06-300000835403deo:EquitysettledPlansMember2020-07-012021-06-300000835403deo:CompoundAnnualGrowthInProfitBeforeExceptionalItemsOverThreeYearsMemberdeo:DiageoLongTermIncentivePlanMember2022-07-012023-06-300000835403deo:CompoundAnnualGrowthInOrganicNetSalesOverThreeYearsMemberdeo:DiageoLongTermIncentivePlanMember2022-07-012023-06-300000835403deo:EnvironmentalSocialAndGovernancePrioritiesMemberdeo:DiageoLongTermIncentivePlanMember2022-07-012023-06-300000835403ifrs-full:BottomOfRangeMemberdeo:DiageoLongTermIncentivePlanMember2022-07-012023-06-300000835403ifrs-full:TopOfRangeMemberdeo:DiageoLongTermIncentivePlanMember2022-07-012023-06-300000835403deo:DiageoLongTermIncentivePlanMember2022-07-012023-06-300000835403ifrs-full:BottomOfRangeMemberdeo:SavingsPlansMember2022-07-012023-06-300000835403ifrs-full:TopOfRangeMemberdeo:SavingsPlansMember2022-07-012023-06-300000835403ifrs-full:TopOfRangeMemberdeo:SavingsPlansMember2023-06-300000835403ifrs-full:BottomOfRangeMemberdeo:SavingsPlansMember2023-06-300000835403deo:ExecutiveShareAwardPlansMember2022-06-300000835403deo:ExecutiveShareAwardPlansMember2021-06-300000835403deo:ExecutiveShareAwardPlansMember2020-06-300000835403deo:ExecutiveShareAwardPlansMember2023-06-300000835403ifrs-full:BottomOfRangeMember2023-06-300000835403ifrs-full:TopOfRangeMember2023-06-300000835403ifrs-full:BottomOfRangeMember2022-06-300000835403ifrs-full:TopOfRangeMember2022-06-300000835403ifrs-full:BottomOfRangeMember2021-06-300000835403ifrs-full:TopOfRangeMember2021-06-300000835403deo:UnitedSpiritsLimitedMember2013-07-040000835403deo:UBHLMemberdeo:UnitedSpiritsLimitedMember2013-07-040000835403deo:UnitedSpiritsLimitedMember2023-06-302023-06-300000835403deo:USLBenefitTrustMemberdeo:UnitedSpiritsLimitedMember2023-06-302023-06-300000835403deo:UBHLMemberdeo:UnitedSpiritsLimitedMember2013-07-042013-07-04iso4217:INRxbrli:shares0000835403deo:TwentyFiveFebruaryAgreementMemberdeo:DrMallyaMember2016-02-252016-02-250000835403deo:TwentyFiveFebruaryAgreementMemberdeo:DrMallyaMember2016-02-250000835403deo:WatsonLimitedMemberdeo:TwentyFiveFebruaryAgreementMember2016-02-252016-02-250000835403deo:TwentyFiveFebruaryAgreementMember2016-02-252016-02-250000835403deo:TwentyFiveFebruaryAgreementMemberdeo:DrMallyaMember2017-01-012021-12-310000835403deo:WatsonLimitedMemberdeo:TwentyFiveFebruaryAgreementMember2017-11-162017-11-160000835403deo:TwentyFiveFebruaryAgreementMemberdeo:DrMallyaMember2017-11-162017-11-160000835403deo:WatsonLimitedMember2019-05-232019-05-230000835403deo:ContinentalAdministrationServicesLimitedCASLMember2022-07-012023-06-300000835403deo:UnitedSpiritsLimitedMember2016-06-162016-06-160000835403deo:UnitedSpiritsLimitedMemberdeo:IDBIBankLimitedMemberdeo:IDBITermLoanMember2013-07-03iso4217:INR0000835403deo:UnitedSpiritsLimitedMemberdeo:IDBIBankLimitedMember2015-04-012015-04-010000835403ifrs-full:TopOfRangeMemberifrs-full:TaxContingentLiabilityMembercountry:BR2023-06-300000835403ifrs-full:TopOfRangeMembercountry:INifrs-full:TaxContingentLiabilityMember2023-06-300000835403deo:DiageoPensionSchemeMemberdeo:DiageoPensionSchemeMember2022-10-310000835403deo:DiageoPensionSchemeMemberdeo:DiageoPensionSchemeMember2023-05-220000835403ifrs-full:PensionDefinedBenefitPlansMember2022-07-012023-06-300000835403ifrs-full:PensionDefinedBenefitPlansMember2021-07-012022-06-300000835403ifrs-full:PensionDefinedBenefitPlansMember2020-07-012021-06-300000835403deo:DirectorsMember2022-07-012023-06-300000835403deo:DirectorsMember2021-07-012022-06-300000835403deo:DirectorsMember2020-07-012021-06-300000835403deo:DiageoIrelandMember2022-07-012023-06-300000835403deo:DiageoGreatBritainLimitedMember2022-07-012023-06-300000835403deo:DiageoScotlandLimitedMember2022-07-012023-06-300000835403deo:DiageoBrandsBvMember2022-07-012023-06-300000835403deo:DiageoNorthAmericaIncMember2022-07-012023-06-300000835403deo:DiageoCapitalBVMember2022-07-012023-06-300000835403deo:DiageoFinancePlcMember2022-07-012023-06-300000835403deo:MeyIckiSanayiVeTicaretAsMember2022-07-012023-06-300000835403deo:MoetHennessySASMember2022-07-012023-06-300000835403deo:USLBenefitTrustMember2022-07-012023-06-300000835403deo:ShareBuyBackProgrammeMemberifrs-full:MajorOrdinaryShareTransactionsMember2023-07-312023-07-31

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
  
FORM 20-F
(Mark One)
REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES
EXCHANGE ACT OF 1934
OR
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934
For the fiscal year ended: 30 June 2023
OR
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
OR
SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
Date of event requiring this shell company report
For the transition period from __ to __
Commission file number 1-10691
DIAGEO plc
(Exact name of Registrant as specified in its charter)
England and Wales
(Jurisdiction of incorporation or organisation)
16 Great Marlborough Street, London W1F 7HS, England
(Address of principal executive offices)
Thomas B. Shropshire, Jr., General Counsel & Company Secretary
Tel: +44 20 7947 9100
E-mail: the.cosec@diageo.com
16 Great Marlborough Street, London W1F 7HS, England
(Name, Telephone, E-mail and/or Facsimile number and Address of Company Contact Person)
Securities registered or to be registered pursuant to Section 12(b) of the Act:
 
Title of each classTrading symbol(s)Name of each exchange on which registered
American Depositary SharesDEONew York Stock Exchange
Ordinary shares of 28101/108 pence each
New York Stock Exchange(i)
(i)Not for trading, but only in connection with the registration of American Depositary Shares representing such ordinary shares, pursuant to the requirements of the Securities and Exchange Commission.

1


Securities registered or to be registered pursuant to Section 12(g) of the Act: None
Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act: None
Indicate the number of outstanding shares of each of the issuer’s classes of capital or common stock as of the close of the period covered by the Annual Report: 2,459,843,065 ordinary shares of 28101/108 pence each.

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.
Yes þ No ¨
If this report is an annual or transition report, indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. Yes ¨ No þ

Note - Checking the box above will not relieve any registrant required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 from their obligations under those Sections.
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports) and (2) has been subject to such filing requirements for the past 90 days. Yes þ No ¨
Indicate by check mark whether the registrant has submitted electronically, every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes þ No ☐
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” and “emerging growth company” in Rule 12b-2 of the Exchange Act :
Large Accelerated Filer
þ
Accelerated FilerNon-Accelerated FilerEmerging growth company
If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by checkmark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
 
 
The term “new or revised financial accounting standard” refers to any update issued by the Financial Accounting Standards Board to its Accounting Standards Codification after April 5, 2012.
Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report. þ

If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements. ¨

Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive based compensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b). ¨
Indicate by check mark which basis of accounting the registrant has used to prepare the financial statements included in this filing:
 
U.S. GAAP  ¨
International Financial Reporting Standards
Other ¨
  as issued by the International Accounting Standards Board
If “Other” has been checked in response to the previous question, indicate by check mark which financial statement item the registrant has elected to follow. Item 17 ¨ Item 18 ¨
If this is an annual report, indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes  No þ
2

Contents
5   Cross reference to Form 20-F
7   Introduction
10   Strategic report
11   In memory of Ivan
13 Diageo at a glance
14   Financial Performance
15   Our brands
17   Chairman's statement
20   Chief Executive's statement
22 Market overview
24   Investing for the long-term
26 Delivering our performance ambition
32 Business model
34 World class brand building
35 Supply chain efficiency
36 Entrepreneurial spirit
37   Key performance indicators
41 Group financial review
41 Chief Finance Officer introduction
44Operating results 2023 compared with 2022
69  Operating results 2022 compared with 2021
70   Liquidity and capital resources
  
75    'Society 2030: Spirit of progress'
111  Cautionary statement concerning forward-looking statement
113Risk factors
124Non-financial and sustainability information statement
125   Governance
125 Letter from the Chairman
127   Board of Directors
129   Executive Committee
131 Corporate Governance Structure
146   Audit Committee report
154   Nomination Committee report
158 Directors’ remuneration report
196   Directors’ report

3

Contents (continued)

201   Financial statements
201 
Report of Independent Registered Public Accounting Firm - PCAOB ID 876
204   Consolidated income statement
205   Consolidated statement of comprehensive income
206   Consolidated balance sheet
207   Consolidated statement of changes in equity
208   Consolidated statement of cash flows
209   Notes to the consolidated financial statements
209   Accounting information and policies
212   Results for the year
229   Operating assets and liabilities
254   Risk management and capital structure
272   Other financial statements disclosure
280Unaudited financial information
292 Reporting boundaries and methodology
316 Additional disclosures
322   Additional information for shareholders
324   Exhibits
326   Signature
327   Glossary of terms and US equivalents

4

Cross reference to Form 20-F
ItemRequired item in Form 20-FPage(s)
Part I
1.Identity of directors, senior management and advisersNot applicable
2.Offer statistics and expected timetableNot applicable
3.Key information
A. [Reserved]
B. Capitalisation and indebtednessNot applicable
C. Reason for the offer and use of proceedsNot applicable
D. Risk factors113-123
4.Information on the company
A. History and development of the company7-8, 43, 65-68, 218-221, 223-224, 229-233, 276, 316, 317, 322
B. Business overview7-8, 22-23, 42, 43, 51-58, 62-63, 65, 67-68, 111-112, 117-118, 121-122, 213-215, 218-221, 229-239, 241, 316, 317-318
C. Organisational structure278
D. Property, plant and equipment43, 241-242, 316
4A.Unresolved staff commentsNot applicable
5.Operating and financial review and prospects
A. Operating results22-23, 31, 37-38, 62-63, 64, 113-114, 120-121, 209-221, 254-263, 284, 317-319
B. Liquidity and capital resources37-38, 49, 66-68, 70-74, 251-263, 276-277, 286-289
C. Research and development, patents and licenses, etc.317
D. Trend information17, 20-21, 22-23, 34, 41-68, 111-112
E. Critical Accounting EstimatesNot applicable
6.Directors, senior management and employees
A. Directors and senior management127-132, 141
B. Compensation68, 167-176, 181-182, 192, 244-250, 276-277
C. Board practices18, 132-136, 147, 172, 173
D. Employees84, 217
E. Share ownership186, 270-271
F. Disclosure of a registrant’s action to recover erroneously awarded compensationNot applicable
7.Major shareholders and related party transactions
A. Major shareholders197
B. Related party transactions276-277
C. Interests of experts and counselNot applicable
8.Financial information
A. Consolidated statements and other financial information17, 42, 65, 201-291
B. Significant changes279
9.The offer and listing
A. Offer and listing details1, 197-198
B. Plan of distributionNot applicable
C. Markets197-198
D. Selling shareholdersNot applicable
E. DilutionNot applicable
F. Expenses of the issueNot applicable
5

Cross reference to Form 20-F (continued)
ItemRequired item in Form 20-FPage(s)
10.Additional information
A. Share capitalNot applicable
B. Memorandum and articles of association324
C. Material contracts270-271, 324-325
D. Exchange controls322
E. Taxation224-228, 318-320
F. Dividends and paying agentsNot applicable
G. Statement by expertsNot applicable
H. Documents on display322
I. Subsidiary informationNot applicable
11.Quantitative and qualitative disclosures about market risk254-263
12.Description of securities other than equity securities
A. Debt securitiesNot applicable
B. Warrants and rightsNot applicable
C. Other securitiesNot applicable
D. American depositary shares198
Part II
13.Defaults, dividend arrearages and delinquenciesNot applicable
14.
Material modifications to the rights of security holders and use of proceeds
Not applicable
15.Controls and procedures
A. Disclosure controls and procedures147
B. Management’s report on internal control over financial reporting152
C. Attestation report of the registered public accounting firm201-203
D. Changes in internal control over financial reporting152
16A.Audit committee financial expert149
16B.Code of ethics149-150
16C.Principal accountant fees and services148, 217
16D.Exemptions from the listing standards for audit committeesNot applicable
16E.Purchases of equity securities by the issuer and affiliated purchasers66, 267-268
16F.Change in registrant’s certifying accountantNot applicable
16G.Corporate governance133-134
16H.Mine safety disclosureNot applicable
16I.
Disclosure Regarding Foreign Jurisdictions that Prevent Inspections
Not applicable
16J.Insider trading policiesNot applicable
Part III
17.Financial statementsNot applicable
18.Financial statementsSee Item 8
19.Exhibits324-325
Additional information
Glossary of terms and US equivalents327-328

6

Introduction
Diageo is a global leader in the beverage alcohol industry with an outstanding collection of brands across spirits and beer. Its products are sold in nearly 180 countries around the world and its brands include Johnnie Walker, Crown Royal, JεB and Buchanan’s whiskies, Smirnoff, Cîroc and Ketel One vodkas, Captain Morgan, Baileys, Don Julio, Casamigos, Tanqueray and Guinness. Diageo’s Performance Ambition is to be one of the best performing, most trusted and respected consumer products companies in the world.

Diageo plc is incorporated as a public limited company in England and Wales. The company which is now Diageo plc was incorporated as Arthur Guinness Son and Company Limited on 21 October 1886. The Diageo group was formed by the merger of the Grand Metropolitan Public Limited Company and Guinness plc groups in December 1997. Diageo plc’s principal executive office is located at 16 Great Marlborough Street, London W1F 7HS, England and its telephone number is +44 (0) 20 7947 9100. Diageo plc’s agent for service in the United States for the purposes of Diageo’s registration statement on Form F-3 (333-269929) is General Counsel, Diageo North America, Inc., 175 Greenwich Street, 3 World Trade Center, New York, NY 10007.

This is the Annual Report on Form 20-F of Diageo plc for the year ended 30 June 2023. The information set out in this Form 20-F does not constitute Diageo plc’s statutory accounts under the UK Companies Act for the years ended 30 June 2023, 30 June 2022 and/or 30 June 2021. The accounts for the years ended 30 June 2022 and 30 June 2021 have been delivered to the registrar of companies for England and Wales and those for the year ended 30 June 2023 will be delivered to the registrar of companies for England and Wales in due course.

This document contains forward-looking statements that involve risk and uncertainty because they relate to, and are dependent upon, events and circumstances that will occur in the future. There are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements, including factors beyond Diageo’s control. For more details, please refer to the Cautionary statement concerning forward-looking statements on pages 111-112.
This document may contain inactive textual addresses to websites operated by Diageo (including www.diageo.com) and third parties. Reference to such websites is made for information purposes only, and any information found at such websites does not form a part of this document and is not incorporated by reference into this document. Diageo does not make any representation or warranty with respect to the accuracy or completeness of, or take any responsibility for, any information found at any websites operated by third parties. This report includes names of Diageo’s products, which constitute trademarks or trade names which Diageo owns or which others own and license to Diageo for use. In this report, the term ‘company’ refers to Diageo plc and terms ‘group’ and ‘Diageo’ refer to the company and its consolidated subsidiaries, except as the context otherwise requires. A glossary of terms used in this report is included at the end of the report.

The consolidated financial statements are prepared in accordance with international accounting standards in conformity with the requirements of the Companies Act 2006 and International Financial Reporting Standards (IFRSs) adopted by the UK (UK-adopted International Accounting Standards) and IFRSs, as issued by the IASB, including interpretations issued by the IFRS Interpretations Committee. IFRS as adopted by the UK differs in certain respects from IFRS as issued by the IASB. The differences have no impact on the group’s consolidated financial statements for the years presented. The consolidated financial statements are prepared on a going concern basis under the historical cost convention, unless stated otherwise in the relevant accounting policy.

The preparation of financial statements in conformity with IFRS requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the year. Actual results could differ from those estimates.

The financial performance expectations related to Diageo’s future organic net sales growth and organic operating profit growth, Diageo’s fiscal 24 outlook, Diageo’s medium-term guidance and any other statements related to Diageo’s performance expectations for the year ending 30 June 2024 or thereafter included in this document have been prepared by and are the responsibility of Diageo’s management.
PricewaterhouseCoopers LLP has not audited, reviewed, examined, compiled nor applied agreed-upon procedures with respect to the
financial performance expectations and, accordingly, PricewaterhouseCoopers LLP does not express an opinion or any other form of
assurance with respect thereto. The PricewaterhouseCoopers LLP report included in this document relates to Diageo’s historical
financial statements. It does not extend to the financial performance expectations and should not be read to do so. The financial
performance expectations were not prepared with a view toward compliance with published guidelines of the Securities and Exchange
Commission or the guidelines established by the American Institute of Certified Public Accountants for preparation and presentation
of prospective financial information.


7

Introduction (continued)
Information presented

Organic movements and organic operating margins are before exceptional items. Commentary, unless otherwise stated, refers to
organic movements. Share, unless otherwise stated, refers to value share. See page 280 for explanation and reconciliation of non-
GAAP measures, including organic net sales, organic operating profit, free cash flow, eps before exceptionals, ROIC, adjusted net
debt, adjusted EBITDA and tax rate before exceptional items.

The brand ranking information presented in this report, when comparing information with competitors, reflects data published by sources such as Global Data, Nielsen, NABCA and IWSR. Market data information and competitive set classifications are taken from independent industry sources in the markets in which Diageo operates. In addition, Diageo’s financial year end is 30 June, and such data may relate to dates other than 30 June or periods other than the financial year ended 30 June, such as calendar year end.
8

Introduction (continued)
Disclosures not included in Annual Report on Form 20-F
The following pages and sections of this document do not form part of the Annual Report on Form 20-F and are furnished to the SEC for information only:

Disclosures under the headings ‘Strategic report’ and ‘In memory of Sir Ivan Menezes’ on pages 10 to 11.
Disclosures under the headings ‘Celebrating life, every day, everywhere’ and ‘A brilliant blend of people and brands’ on pages 12 to 13.
Disclosures under the heading ‘Fiscal 23 non-financial performance’ on page 14.
Disclosures under the heading ‘Our brands’ on pages 15 to 16.
Disclosures under the headings ‘A solid platform for future growth’, ‘Long-term value creation’, ‘Employee engagement’, ‘Delivering ‘Society 2030: Spirit of Progress’’, and ‘Leadership’ in the Chairman’s statement on pages 17 to 18.
Disclosures under the heading ‘Statement on Section 172 of the Companies Act 2006’ on page 19.
Disclosures under the headings ‘Another year of strong performance’, ‘Engine for growth’, ‘Doing business the right way’, and ‘Looking forward’ in the Chief Executive’s statement on pages 20 to 21.
Disclosures under the heading ‘Investment case’ on pages 24 to 25.
Disclosures under the heading ‘Strategy’ and ‘Strategic Priorities’ on pages 26-31.
Disclosures under the heading ‘Business model’ on pages 32 to 33.
Disclosures under the heading ‘World-Class Brand building’ on page 34.
Disclosures under the heading ‘Supply chain efficiency’ on page 35
Disclosures under the heading ‘Entrepreneurial spirit’ on page 36.
Disclosures under the heading 'Health and safety' on pages 84-85.
Disclosures under the headings ‘Stakeholder engagement’, ‘Wider stakeholder engagement’ and ‘Workforce Engagement statement’ on pages 137 to 143.
Disclosures under the headings ‘Internal control and risk management’, ‘Viability statement’, ‘Going concern’, and ‘Political donations’ on pages 144 to 145.
Disclosures under the headings ‘Disclosure of information to the auditor’ and ‘Corporate governance statement’ on page 196.
Disclosures under the heading ‘Non-financial reporting boundaries and methodologies’ on pages 292 to 315.
9


Strategic report

“Ivan was undoubtedly one of the finest leaders of his generation. He was there at the creation of Diageo and over 25 years, shaped the company to become one of the best performing, most trusted and respected consumer companies. I saw first-hand his steadfast commitment to our people and to creating a culture that enabled everyone to thrive. He invested his time and energy in people at every level of the company and saw potential that others may have overlooked. This is one of many reasons why he was beloved by our employees, past and present.

Ivan’s energy and his commitment to diversity created an inclusive business and enabled Diageo to have a positive impact on the communities we serve. His passion for our brands was second-to-none and in his heart, he remained the Johnnie Walker marketer from his early days. The desire to build the world’s best brands never left him. We are truly privileged to have had the opportunity to work alongside such a thoughtful and passionate colleague and friend – a true gentleman. He has built an extraordinary legacy.”

Javier Ferrán
Chairman


10


In memory of
Sir Ivan Menezes
1959-2023


Career highlights
Ivan Manuel Menezes was born on 10 July 1959, in Pune, India. He held UK and US citizenship, and Overseas Citizenship for India.
Ivan joined Diageo at its creation in 1997 and held many senior positions in a career spanning over 25 years at the company. He had been the Strategy Director for Guinness plc, and when Diageo was created through the merger of Guinness plc and Grand Metropolitan, Ivan was appointed Group Integration Director tasked with integrating this ‘merger of equals ’.
He became Global Marketing Director, UDV, in 1998 and was responsible for developing the now iconic ‘Keep Walking’ campaign for Johnnie Walker.
He subsequently held several senior positions within Diageo including Chief Operating Officer; President, Diageo North America; Chairman, Diageo Asia Pacific; and Chairman, Diageo Latin America and Caribbean.
Ivan was appointed to the Board as an Executive Director of Diageo in July 2012 and served as Chief Executive Officer since July 2013. He was due to retire on 30 June 2023.

During his decade as Chief Executive, Ivan oversaw an outstanding period of change, growth and high performance. Diageo made huge strides towards his ambition for the company to become one of the best performing, most trusted and respected companies in the world.
Now selling over 200 brands in nearly 180 countries, today Diageo is the number one company by retail sales value in international spirits, including tequila(1), a category in which only eight years ago the company had no substantive position.
Ivan was particularly proud to announce that in December 2022, Guinness was ranked the number one selling beer by value for the first time in the on-trade in Great Britain.(2)
Ivan was an inspirational champion for both women and ethnic minorities in business. In 2008, there were no women on Diageo’s Executive Committee; today, over half are women, including his successor as Chief Executive, the Chief Financial Officer and the Presidents of Diageo’s largest markets – North America, Europe and India, and almost half of the Executive Committee are ethnically diverse.
Ivan was determined to be a pioneer on environmental, social and governance (ESG) issues, committing that Diageo would have a positive impact on society everywhere it operates. Diageo reduced carbon emissions in absolute terms under his leadership – even as the company significantly increased production and sales.
Over the last five years, Diageo’s total shareholder returns have outperformed the FTSE 100, and the company has continued its progressive policy to increase dividends every year.
In January 2023, Ivan was awarded a knighthood for services to business and to equality in His Majesty The King’s 2023 New Year Honours List.

(1) IWSR, 2022
(2) CGA, 4 weeks to 3 December 2022

11



Celebrating life,
every day,
everywhere


We are a global leader in spirits.
From centuries-old names to
the latest innovations, we have
over 200 brands and sell in nearly
180 countries.

At Diageo, we are committed to
building and sustaining the very
best portfolio of brands, in what we
believe to be the most exciting
consumer products category.

(


Visit diageo.com for more information

12



Diageo at a glance

A brilliant blend
of people and
brands

Since its formation more than 25 years ago, Diageo has been committed to building and nurturing some of the world’s most iconic brands which are rooted in culture and local communities.

From a pint of Guinness to a Johnnie Walker highball, a Don Julio margarita to a Tanqueray and tonic, the brands behind our drinks have become household names. And whether local or global, all our products share a common goal: to be part of celebrations, big or small.
Our position across total beverage alcohol (TBA) means we have a long runway for quality, sustainable growth and we are confident in our ability to deliver. We believe the TBA market remains very attractive; over the past five years it has grown at a 4% compound annual growth rate (CAGR) by retail sales value, with spirits growing considerably faster at a 6% CAGR.(1)
Two years ago we set out our 2030 share ambition to grow from a 4% to 6% value share of TBA. We are proud to be almost a third of the way there; we are now the leading international spirits player, holding a ~4.7% value share.(1) But we are confident that there is still plenty of headroom to grow.

The secret to our success is our understanding of those we serve. We constantly strive to know the consumers of our brands and our on-trade and off-trade customers better than anyone else. And we have invested in new digital and data capabilities to constantly evolve our insights, putting people at the heart of the way we make, market and sell our brands. With the right product in the right place at the right price, we are well positioned to win new consumers and retain existing ones.
But we know consumer habits are changing. Today, people prioritise quality over quantity – they are drinking better. We encourage this ‘premiumisation’; in fact, in every region of the world, we have been steadily positioning our portfolio to capitalise on this long-term trend.
We believe premiumisation goes hand in hand with moderation. And as we grow, we are committed to always encouraging moderation through the promotion of responsible drinking across our markets – it’s good for consumers, and good for business.
With more than 100 manufacturing sites and over 30,000 employees around the world, our culture is rooted in a deep sense of our purpose, the personal connections we have to our brands, our relationships with each other and our passion to win in the marketplace. Our footprint is truly global and we push ourselves to be worthy of people’s trust everywhere we live, work, source and sell.

We are currently three years into our ten-year ESG action plan, ‘Society 2030: Spirit of Progress’. This starts with our people. We are creating an inclusive culture and providing them with the skills and opportunities to progress. We are also focussed on protecting the natural world, preserving the water and resources on which we depend. By 2030, our ambition is to achieve net zero emissions across our direct operations (Scope 1 and 2) and to work in partnership with our suppliers to halve the emissions in our supply chain (Scope 3).
We know that purpose goes hand in hand with performance – never one without the other. This is why our ambition is to become one of the best performing, most trusted and respected consumer products companies.
We delivered over £3.1 billion through dividends and share buybacks to our shareholders in fiscal 23. And future investors can be confident too: we aim to consistently re-invest back into the business to continue growing.
Our consumer insights, strong sense of purpose and pursuit of financial excellence fuel our passion to become one of the best brand builders in the world.
In 1759, when Arthur Guinness signed a 9,000-year lease on the St James’s Gate brewery in Dublin, he wanted his business to last. This visionary thinking underpins why we must continue to do business the right way, from grain to glass.

(1) IWSR 2022
13


P E R F O R M A N C E S N A P S H O T


Fiscal 23 financial performance

Volume
(equivalent units)
Net sales(2)
Operating profit
EU243.4m£17,113m£4,632m
(2022: EU263.0m)(2022: £15,452m)(2022: £4,409m)
Reported movement(7)%Reported movement11 %Reported movement5 %
Organic movement(1)
(1)%
Organic movement(1)
6 %
Organic movement(1)
7 %
Net cash from operating activitiesEarnings per share (eps)
Total recommended dividend per share(3)
£3,024m164.9p80.00p
(2022: £3,935m)(2022: 140.2p)(2022: 76.18p)
2023 free cash flow(1)
£1,800mReported movement18 %%
2022 free cash flow(1)
£2,783m
Eps before exceptional items movement(1)
8 %
Visit diageo.com for more information

Fiscal 23 non-financial performance
Positive drinkingInclusion and diversity
Water efficiency(4)
Carbon emissions(4)
1,985,81744%4.14l/l401
(2022: 607,374)(2022: 44%)(2022: 4.09l/l)(2022: 424)
Number of people
educated on the dangers
of underage drinking
through a Diageo
supported education
programme
Percentage of female leaders globallyWater use efficiency per litre of product packaged (litres/litre)
Total direct and indirect carbon emissions by weight (market/net based) (1,000 tonnes CO2e)
43%
(2022: 41%)
Percentage of ethnically diverse leaders globally

(1) See definitions and reconciliation of non-GAAP measures to GAAP measures on page 280-291.
(2) Net sales are sales less excise duties
(3) Includes recommended final dividend of 49.17p
(4) In accordance with Diageo’s environmental reporting methodologies and, where relevant, WRI/WBCSD GHG Protocol; data for the baseline year 2020 and for intervening period up to the end of last financial year has been restated where relevant.

Unless otherwise stated in this document, percentage movements refer to organic movements. For a definition of organic movement and reconciliation of all non-GAAP measures to GAAP measures, see pages 280-291.Share refers to value share. Percentage figures presented are reflective of a year-on-year comparison, namely 2022-2023, unless otherwise specified.
14


O U R B R A N D S

Brand building
expertise

Our portfolio offers something for every taste and celebration.

From much-loved, established brands, such as Johnnie Walker, to the latest innovations, like Tanqueray 0.0, we create products, tastes and experiences for people to enjoy.
This requires focus and investment in what we call a brilliant blend of ‘creativity with precision’. We combine data, insights and innovation with the creative flair our consumers expect from us as a custodian of some of the most iconic brands in the world.

Innovative spirit
We want to build brands that will stand the test of time. This is why we strive to move at pace with the latest consumer trends. And while we honour the past, we are passionate about creating the brands of the future.

Redefining categories
With a rich and actively managed portfolio and a proven innovation capability, we’re well placed to seize new opportunities, recruit new consumers, continue to premiumise and drive ongoing performance.

Advantaged portfolio
The breadth and depth of our portfolio has helped us grow across most categories, with strong net sales growth in our three largest categories; scotch, tequila and beer.
Premium-plus brands contributed 63% of reported net sales growth and drove 57% of organic net sales growth in fiscal 23.

brandbuilding.jpg
15


brands.jpg
(1) Net sales are sales less excise duties
16


Chairman's statement

Chairman's statement
A solid platform for future growth

It is impossible to reflect on the past year at Diageo without thinking of Sir Ivan Menezes.

Ivan’s leadership defined the culture of Diageo: diverse, creative, agile and entrepreneurial, passionately engaged, and committed to social responsibility and environmental sustainability. Today, our culture is our greatest strength in an uncertain world, and the living embodiment of Ivan’s legacy at Diageo. He will be missed by all of us.


Recommended final dividend per share
49.17p
2022: 46.82p

Total shareholder return
(2)%
2022: 4%

Total dividend per share(1)
5% to 80.00p
2022: 76.18p

(1)Includes recommended final dividend of 49.17p


Global environment
The last year has been another period of broad and sustained uncertainty, and we continue to see re-adjustment in working patterns and consumer behaviour following the Covid-19 pandemic. Major economies are facing the challenge of inflation, compounding cost-of-living pressures. Geopolitical uncertainty remains elevated, and the terrible conflict in Ukraine continues.
As ever, my colleagues have responded to this operating environment with resilience and entrepreneurialism. On behalf of the Board, I would like to thank them for their sustained commitment and hard work.

Dealing with uncertainty and volatility is the ‘new normal’ – and is likely to remain so for some time. While this inevitably brings some short-term challenges, especially for consumer goods companies like ours, the breadth and depth of our portfolio and our geographical footprint, harnessed to the passion and agility of our colleagues, mean we are well positioned to navigate those challenges and to take advantage of emerging opportunities, as we have done successfully in recent years.

Long-term view of the business
Despite this ongoing turbulence, the fundamentals of our category remain attractive, and we are well-placed to realise its potential.
The growth of a global middle class and the appetite for increasing premiumisation and to ‘drink better, not more’ are long-term, sectoral trends. We expect to continue to drive value growth in the total beverage alcohol (TBA) category as hundreds of millions of consumers become able to access the premium drinks market, often moving away from informal or illicit alcohol in the process.
At the same time, we have significant headroom to grow within TBA, reflected in our medium- term ambition to grow our value share of the global market by 50%, from 4% to 6% by 2030. We believe that share growth will be driven by sustained investment in our brands and targeted innovation to respond to evolving consumer needs and tastes. Combined with active portfolio management, we believe that continuing to invest in our brands now is fundamental to sustaining performance for the future.


17


Long-term value creation
Diageo continues to deliver long-term value creation for our shareholders. We achieved another strong year of performance for fiscal 23. We grew organic net sales by 6.5% at the top end of guidance, with strong price/mix performance mitigating a modest decline in volume. Pre‐exceptional earnings per share increased 7.6%. We increased our final dividend by 5%, reflecting our continued strong performance and our commitment to a progressive dividend policy.
Our philosophy of investing over the long-term can occasionally impact return on average invested capital (ROIC) in the short-term, as it did in fiscal 23. ROIC was 16.3%, a decline of 50bps. In fiscal 23 we increased capex, invested in maturing stock and continued to actively and strategically manage our portfolio through acquisitions and disposals. Finally, total shareholder return (TSR) for the ten-year and five-year periods of 9% and 7%, respectively remains strong despite the 12 month return of (2)% for fiscal 23 which was mainly driven by a lower year-on-year share price.

Employee engagement
This was my final year as the lead Board member for workforce engagement. I have enormously enjoyed engaging with hundreds of colleagues at all levels across Diageo, and I continue to be impressed by their passion. My fellow Board member, Karen Blackett OBE, has taken up this important role from July 2023.
That passion is reflected once again in the results of our annual Your Voice employee survey. Employee engagement remains very high at 84% – two points ahead of last year, while pride in Diageo is at an all-time high of 91% – 14 points above our external benchmark. The proportion of our colleagues who would recommend Diageo as a place to work is also the highest ever recorded, and our Net Promoter Score now stands at +36. I believe that our culture – the combination of passion and commitment with agility, speed and entrepreneurial talent – is a major differentiator for Diageo and a significant source of our ongoing competitive advantage.

Board changes
I would like to extend a very warm welcome to Debra Crew who re-joins the Board having taken over as Chief Executive a little sooner than we had planned.
At our Annual General Meeting (AGM) in September, Lady Mendelsohn will have reached her nine-year term as a Non-Executive Director and will not stand for re-appointment. On behalf of our Board, employees and shareholders, I would like to express my heartfelt thanks to Nicola for her significant contribution to Diageo.
Alan Stewart will also reach his nine-year anniversary in September, however, he will stand for re-appointment for a further year at the request of the company to enable a smooth transition during fiscal 24 to a successor who will take over as Chair of the Audit Committee.

Leadership
The Board diligently planned for Ivan’s succession, and we are delighted to have appointed a leader of Debra’s calibre to the role.
Debra has been a highly valued member of Diageo’s leadership team in recent years with an impressive track record of delivery both at Diageo and across other global consumer goods companies. She has deep consumer industry expertise as well as proven strategic capabilities, strong operational performance and a clear ability to build and lead teams.
I have no doubt that Diageo is in the right hands for the next phase of its growth and I look forward to working with Debra in her new role.

Delivering ’Society 2030: Spirit of Progress’
I am encouraged by the energy, progress and ingenuity I see in our work to deliver our 'Society 2030: Spirit of Progress' ESG action plan. For example, agave is a key ingredient in our tequilas, and we have been using targeted drone technology on our agave farms in Jalisco, Mexico to help us minimise water and fertiliser use. We expect this innovation to contribute to our 2030 target to deliver a 40% improvement in water use efficiency in water stressed areas. We are proud that Don Julio Blanco has become the first brand to receive Environmentally Responsible Agave certification from the Tequila Regulatory Council and the government of Jalisco.
We also believe in the power of partnerships. In the UK, we’re investing in a new recycled aluminium production facility, saving raw materials and cutting carbon emissions. Our backing will help the British Aluminium Consortium for Advanced Alloys, a collective of industry experts, develop a closed-loop, circular approach to aluminium. Its recycling and manufacturing plant will roll hundreds of thousands of tonnes of aluminium sheet – enough for over 400 million Guinness and premixed Gordon's and tonic cans a year.
We have again incorporated the Task Force on Climate-related Financial Disclosures framework into our reporting. While our analysis indicates the financial impact is not likely to be significant to 2030, we know that managing the increasing climate risks we face, such as water stress, remains a priority.


18


Summary
While sustained volatility and uncertainty will continue to present challenges for the consumer goods sector, we believe Diageo remains well-positioned and resilient. We are diversified by category, price point and geography. Our people are highly engaged and have a track record of delivery through uncertainty. And, our continued investment in our brands and deep understanding of our consumers position us well to capture opportunities in TBA, a market we believe has very attractive fundamentals.
Diageo's Board and leadership team remain focussed on securing long-term, sustainable value creation, by nurturing Diageo’s culture, building our brands, and delivering our Performance Ambition.

Javier Ferrán
Chairman
Statement on Section 172 of the Companies Act 2006
Section 172 of the Companies Act 2006 requires the Directors to promote the success of the company for the benefit of the members as a whole, having regard to the interests of stakeholders in their decision-making. In making decisions, the Directors consider what is most likely to promote the success of the company for its shareholders in the long-term, as well as the interests of the group’s stakeholders. The Directors understand the importance of taking into account the views of stakeholders and the impact of the company’s activities on local communities, the environment, including climate change, and the group’s reputation.
Read about:

How stakeholders were taken into account in decision-making on pages 137-141

19


Chief Executive's statement

Chief Executive's statement

Another year of
strong performance

Like everyone at Diageo, I will miss Ivan’s kindness, wisdom and counsel in the months and years ahead. It was an extraordinary privilege to know, work with and learn from Ivan over the last four years, and to benefit from his experience and generosity of spirit.

Together with all my colleagues, I am determined that we will build on and do justice to his legacy.

Reported volume movement
2023: (7.4)% ↓
2022:10.3%
Organic volume movement
2023: (0.8)% ↓
2022: 10.3%
Reported net sales movement
2023: 10.7% ↑
2022: 21.4%
Organic net sales movement
2023: 6.5% ↑
2022: 21.4%
Reported operating profit movement
2023: 5.1% ↑
2022: 18.2%
Organic operating profit movement
2023: 7.0% ↑
2022: 26.3%


Fiscal 23 performance
Diageo today is a business built to deliver resilient performance, even in turbulent times. We are geographically diverse, with a product portfolio built on long-term investment in our brands, and a culture that delivers everyday efficiency while pursuing opportunities with focus and agility.
Those underlying strengths are reflected in our performance over the last year.We drove strong growth in four of our five regions, with Europe and Asia Pacific growing double-digit. Even with North America sales flat, following a period of very rapid growth, we have still been able to deliver overall organic net sales value growth of 6.5%, within our medium-term guidance, and organic operating margin expanded by 15bps.
Our pre-exceptional earnings per share rose 7.6% in fiscal 23 to 163.5 pence. And we have once again been able to increase the dividend by 5% to a full-year dividend of 80.00 pence.
Fiscal 23 also saw standout performance from our scotch, tequila and beer categories. Scotch grew 12%, tequila grew 19% and beer was up 9% respectively. Johnnie Walker, the world’s leading international spirit brand, delivered another year of strong double-digit growth, increasing 15%. Tequila continues to have strong consumer momentum and our global market share of tequila rose 120bps to just over 23% of retail sales value. We also launched our strategy to ignite a new ‘Golden Age for Guinness’, with immediate results: organic net sales

were up 16% in the period, and in December 2022, Guinness became the number one beer brand by value share in the on-trade in Great Britain.(1)
We have also continued to benefit from sustained investment in our brand portfolio, with our premium-plus brands now accounting for 57% of net sales growth. Our premium-plus brands now account for 63% of Diageo’s net sales, up 7ppts from fiscal 19.
While I am pleased that our business can deliver this performance even in the face of significant turbulence in major markets, the prospect of ongoing volatility in our operating environment means that there is no room for complacency. We will continue to deliver investment in our brands for the long-term hand in hand with efficiency in our day-to-day operations. At the same time, I want to see our execution focus sharpen as we sustain high quality-growth and continue to build market share.

Engine for growth
We are confident that Diageo remains well positioned to deliver our medium-term guidance of consistent organic net sales growth in the range of 5% to 7% and sustainable organic operating profit of 6% to 9%. To achieve this, winning quality market share remains a primary focus and it is one of the key areas of opportunity I see for improvement in fiscal 24. With our advantaged portfolio of brands, core capabilities and competitive advantages, I believe we can drive market share gains of at least two-thirds of our total net sales value. I’m pleased that we gained or held share in markets that total 70% of our net sales value in fiscal 23.(2)
Productivity, our culture of everyday efficiency and smart investment will be critical to deliver our medium-term guidance. Notably, we unlocked a further £450 million of productivity savings during the fiscal 23.
20


Even as the leading company in international spirits, as of 2022, we only held a ∼4.7% share of the TBA market.(3) This is up from 4% in 2020 when we set our ambition to deliver a 50% increase by 2030. The opportunity is significant. We are a company with a diversified geographic footprint and advantaged portfolio in a very large and attractive industry. Our business is set up for consistent, sustainable long-term growth driven by premiumisation and active portfolio management.