Company: RKLIF
Filing Date: 2025-07-31
Form Type: 6-K
Source: 0001654954-25-008672
Chunk: 22

Company: RENTOKIL INITIAL PLC /FI
Filing Date: 2025-07-31
Form: 6-K
Chunk 22
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 bond accruals (2024: $48m).

2. Bank and other long-term borrowings consists of $4,176m bond debt (2024: $3,122m) and $2m loans (2024: $5m).

Fair value is equal to carrying value for all elements of net debt with the exception of bond debt which has a carrying value of $4,764m (December 2024: $3,122m) and a fair value of $4,822m (December 2024: $3,104m).

Cash at bank and in hand includes $24m (December 2024: $20m) of restricted cash. This cash is held in respect of specific contracts and can only be utilised in line with terms under the contractual arrangements.

#### 11. Derivative financial instruments
All financial instruments held at fair value are classified by reference to the source of inputs used to derive the fair value. The following hierarchy is used:

| Level 1- | unadjusted quoted prices in active markets for identical assets or 
 liabilities;                                                       |
| Level 2- | inputs other than quoted prices that are observable for the asset  
 or liability either directly as prices or indirectly through       
 modelling based on prices; and                                     |
| Level 3- | inputs for the asset or liability that are not based on observable 
 market data.                                                       |

| Financial instrument                                                | Hierarchy level | Valuation method                                |
| Financial assets traded in active markets                           |               1 | Current bid price                               |
| Financial liabilities traded in active markets                      |               1 | Current ask price                               |
| Listed bonds                                                        |               1 | Quoted market prices                            |
| Money market funds                                                  |               1 | Quoted market prices                            |
| Interest rate/currency swaps                                        |               2 | Discounted cash flow based on market swap rates |
| Forward foreign exchange contracts                                  |               2 | Forward exchange market rates                   |
| Borrowings not traded in active markets (term loans and uncommitted 
 facilities)                                                         |               2 | Nominal value                                   |
| Money market deposits                                               |               2 | Nominal value                                   |
| Trade payables and receivables                                      |               2 | Nominal value less estimated credit adjustments |
| Contingent consideration (including put option                      
 liability)                                                          |               3 | Discounted cash flow using WACC                 |

|                                                                  | Fair value assets 
      30 June 2025