Pearson Plc (PSO) SEC Filing 20-F Annual report for the fiscal year ending Tuesday, December 31, 2019

Cover Page

Consolidated Balance Sheet

Consolidated Cash Flow Statement

Consolidated Income Statement

Consolidated Statement Of Changes In Equity

Consolidated Statement Of Comprehensive Income

Accounting Policies

Accounting Policies (Policies)

Accounting Policies (Tables)

Accounting Policies - Additional Information (Detail)

Accounting Policies - Estimated Useful Lives Of Property, Plant And Equipment (Detail)

Accounting Policies - Schedule Of Impact Of Ifrs 16 Adoption Recognised As A Decrease To Retained Earnings With Correspond Decrease In Net Assets (Detail)

Accounting Policies - Schedule Of Lease Liabilities Reconciled To The Operating Lease Commitments (Detail)

Business Combinations

Business Combinations (Tables)

Business Combinations - Additional Information (Detail)

Business Combinations - Schedule Of Cash Flow On Acquisitions (Detail)

Cash And Cash Equivalents (Excluding Overdrafts)

Cash And Cash Equivalents (Excluding Overdrafts) (Tables)

Cash And Cash Equivalents (Excluding Overdrafts) - Additional Information (Detail)

Cash And Cash Equivalents (Excluding Overdrafts) - Summary Of Cash And Cash Equivalents (Detail)

Cash And Cash Equivalents (Excluding Overdrafts) - Summary Of Cash And Cash Equivalents For Purpose Of Cash Flow Statement (Detail)

Cash Generated From Operations

Cash Generated From Operations (Tables)

Cash Generated From Operations - Summary Of Cash Generated From Operations (Detail)

Cash Generated From Operations - Summary Of Current And Non-Current Borrowings (Detail)

Cash Generated From Operations - Summary Of Proceeds From Sale Of Property, Plant And Equipment (Detail)

Classification Of Financial Instruments

Classification Of Financial Instruments (Tables)

Classification Of Financial Instruments - Additional Information (Detail)

Classification Of Financial Instruments - Schedule Of Accounting Classification Of Class Of Financial Liabilities, Together With Their Carrying Values And Market Values (Detail)

Classification Of Financial Instruments - Schedule Of Analysis Of The Movements In Level 3 Fair Value Remeasurements (Detail)

Classification Of Financial Instruments - Schedule Of Classification Of Each Class Of Financial Assets And Their Carrying Values (Detail)

Contingencies And Commitments

Contingencies&Amp;#160;And Commitments - Additional Information (Detail)

Deferred Income Tax

Deferred Income Tax (Tables)

Deferred Income Tax - Additional Information (Detail)

Deferred Income Tax - Schedule Of Deferred Income Tax (Detail)

Deferred Income Tax - Schedule Of Movement On Net Deferred Income Tax Account (Detail)

Derivative Financial Instruments And Hedge Accounting

Derivative Financial Instruments And Hedge Accounting (Tables)

Derivative Financial Instruments And Hedge Accounting - Additional Information (Detail)

Derivative Financial Instruments And Hedge Accounting - Disclosure Of Derivative Financial Assets And Liabilities Subject To Offsetting Arrangements (Detail)

Derivative Financial Instruments And Hedge Accounting - Summary Of Amounts At The Reporting Rate Relating To Items Designated As Hedge Items (Detail)

Derivative Financial Instruments And Hedge Accounting - Summary Of Amounts Related To Items Designated As Hedging Instruments (Detail)

Derivative Financial Instruments And Hedge Accounting - Summary Of Instruments To Hedge Exposures To Changes In Interest Rates And Foreign Currency Risk Associated With Borrowings (Detail)

Derivative Financial Instruments And Hedge Accounting - Summary Of Outstanding Derivative Financial Instruments (Detail)

Disposals

Disposals (Tables)

Disposals - Additional Information (Detail)

Disposals - Schedule Of Disposals Including Business Closures (Detail)

Dividends

Dividends (Tables)

Dividends - Additional Information (Detail)

Dividends - Summary Of Dividends Declared (Detail)

Dividends - Summary Of Dividends Declared (Parenthetical) (Detail)

Earnings Per Share

Earnings Per Share (Tables)

Earnings Per Share - Summary Of Earnings Per Share (Detail)

Employee Information

Employee Information (Tables)

Employee Information - Summary Of Average Number Of Employees (Detail)

Employee Information - Summary Of Classification Of Employee Benefit (Detail)

Financial Liabilities - Borrowings

Financial Liabilities - Borrowings (Tables)

Financial Liabilities - Borrowings - Additional Information (Detail)

Financial Liabilities - Borrowings - Summary Of Carrying Amounts And Market Value Of Borrowings (Detail)

Financial Liabilities - Borrowings - Summary Of Carrying Amounts Of Borrowings Which Denominated In Currencies (Detail)

Financial Liabilities - Borrowings - Summary Of Current And Non - Current Borrowings (Detail)

Financial Liabilities - Borrowings - Summary Of Current And Non - Current Borrowings (Parenthetical) (Detail)

Financial Liabilities - Borrowings - Summary Of Maturities Of The Group's Non-Current Borrowings (Detail)

Financial Risk Management

Financial Risk Management (Tables)

Financial Risk Management - Additional Information (Detail)

Financial Risk Management - Schedule Of Contractual Undiscounted Cash Flows Analysed By Maturity And Currency (Detail)

Financial Risk Management - Summary Of Net Debt Position (Detail)

Financial Risk Management - Summary Of Sensitivity Of Carrying Value Of Financial Instruments To Fluctuations In Interest Rates And Exchange Rates (Detail)

Held For Sale

Held For Sale (Tables)

Held For Sale - Additional Information (Detail)

Held For Sale - Summary Of Assets And Liabilities (Detail)

Income Tax

Income Tax (Tables)

Income Tax - Additional Information (Detail)

Income Tax - Summary Of Components Of Current Tax Expense Income And Adjustments For Current Tax Of Prior Periods (Detail)

Income Tax - Summary Of Profit Before Tax Differences Calculated (Detail)

Income Tax - Summary Of Profit Before Tax Differences Calculated (Parenthetical) (Detail)

Income Tax - Summary Of Tax Benefit/(Charge) Recognised In Other Comprehensive Income (Detail)

Intangible Assets

Intangible Assets (Tables)

Intangible Assets - Additional Information (Detail)

Intangible Assets - Pre-Publication

Intangible Assets - Pre-Publication (Tables)

Intangible Assets - Pre-Publication - Additional Information (Detail)

Intangible Assets - Pre-Publication - Summary Of Intangible Assets (Detail)

Intangible Assets - Summary Of Amortisation Profile Of Intangible Assets (Detail)

Intangible Assets - Summary Of Carrying Value Of Goodwill (Detail)

Intangible Assets - Summary Of Cumulative Impact Of Changes In Assumptions Used In Calculating The Fair Value (Detail)

Intangible Assets - Summary Of Detailed Information About In Carrying Value Of Goodwill (Detail)

Intangible Assets - Summary Of Intangible Assets (Detail)

Intangible Assets - Summary Of Useful Economic Life Of Intangible Assets (Detail)

Inventories

Inventories (Tables)

Inventories - Additional Information (Detail)

Inventories - Summary Of Current Inventories (Detail)

Investments In Joint Ventures And Associates

Investments In Joint Ventures And Associates (Tables)

Investments In Joint Ventures And Associates - Additional Information (Detail)

Investments In Joint Ventures And Associates - Summary Of Financial Information Of Material Associate (Detail)

Investments In Joint Ventures And Associates - Summary Of Financial Statements (Detail)

Investments In Joint Ventures And Associates - Summary Of Individually Immaterial Associates (Detail)

Investments In Joint Ventures And Associates - Summary Of Individually Immaterial Joint Ventures (Detail)

Investments In Joint Ventures And Associates - Summary Of Materials (Detail)

Leases

Leases (Tables)

Leases - Additional Information (Detail)

Leases - Summary Of Detailed Information About Undiscounted Lease Payments To Be Received After The Reporting Date (Detail)

Leases - Summary Of Future Aggregate Minimum Lease Payments In Respect Of Operating Leases (Detail)

Leases - Summary Of Future Aggregate Minimum Sub-Lease Payments Expected To Received Under Non-Cancellable Sub-Leases (Detail)

Leases - Summary Of Information About Leases In Cash Flow Statement (Detail)

Leases - Summary Of Information About Leases In Income Statement (Detail)

Leases - Summary Of Information About Leases Of Lessor In Cash Flow Statement (Detail)

Leases - Summary Of Information About Leases Of Lessor In Income Statement (Detail)

Leases - Summary Of Information About Right To Use Asset As Follows (Detail)

Leases - Summary Of Maturities Of Operating Lease Payments (Detail)

Leases - Summary Of The Present Value Of The Group's Finance Lease Obligations Is As Follows (Detail)

Leases - Summmary Of Maturity Of The Group's Finance Lease Obligations Is As Follows (Detail)

Net Finance Costs

Net Finance Costs (Tables)

Net Finance Costs - Additional Information (Detail)

Net Finance Costs - Schedule Of Information About Finance Income And Costs (Detail)

Operating Expenses

Operating Expenses (Tables)

Operating Expenses - Additional Information (Detail)

Operating Expenses - Summary Of Analysis Of Restructuring Costs (Detail)

Operating Expenses - Summary Of Operating Expenses By Function (Detail)

Operating Expenses - Summary Of Operating Expenses By Nature (Detail)

Operating Expenses - Summary Of Reconciliation Between Audit And Non-Audit Service Fees (Detail)

Operating Expenses - Summary Of Services From The Group's Auditors (Detail)

Other Comprehensive Income

Other Comprehensive Income (Tables)

Other Comprehensive Income - Schedule Of Other Comprehensive Income (Detail)

Other Financial Assets

Other Financial Assets (Tables)

Other Financial Assets - Additional Information (Detail)

Other Financial Assets - Summary Of Other Financial Assets (Detail)

Post Balance Sheet Events

Post Balance Sheet Events - Additional Informations (Detail)

Property, Plant And Equipment

Property, Plant And Equipment (Tables)

Property, Plant And Equipment - Additional Information (Detail)

Property, Plant And Equipment - Summary Of Property, Plant And Equipment (Detail)

Provisions For Other Liabilities And Charges

Provisions For Other Liabilities And Charges (Tables)

Provisions For Other Liabilities And Charges - Summary Of Analysis Of Provisions (Detail)

Provisions For Other Liabilities And Charges - Summary Of Provisions For Other Liabilities And Charges (Detail)

Related Party Transactions

Related Party Transactions (Tables)

Related Party Transactions - Summary Of Key Management Personnel Compensation (Detail)

Retirement Benefit And Other Post-Retirement Obligations

Retirement Benefit And Other Post-Retirement Obligations (Tables)

Retirement Benefit And Other Post-Retirement Obligations - Additional Information (Detail)

Retirement Benefit And Other Post-Retirement Obligations - Summary Of Amounts Recognised In Balance Sheet (Detail)

Retirement Benefit And Other Post-Retirement Obligations - Summary Of Amounts Recognised In Income Statement (Detail)

Retirement Benefit And Other Post-Retirement Obligations - Summary Of Changes In Value Of Us Prmb (Detail)

Retirement Benefit And Other Post-Retirement Obligations - Summary Of Changes In Values Of Plan Assets And Liabilities (Detail)

Retirement Benefit And Other Post-Retirement Obligations - Summary Of Defined Plan Analysis (Detail)

Retirement Benefit And Other Post-Retirement Obligations - Summary Of Effect Of A Half Percentage Point Increase And Decrease In The Inflation Rate (Detail)

Retirement Benefit And Other Post-Retirement Obligations - Summary Of Effect Of A Half Percentage Point Increase And Decrease In The Inflation Rate (Parenthetical) (Detail)

Retirement Benefit And Other Post-Retirement Obligations - Summary Of Effect Of Members Living One Year More Or One Year Less On The Defined Benefit Obligation (Detail)

Retirement Benefit And Other Post-Retirement Obligations - Summary Of Effect Of Members Living One Year More Or One Year Less On The Defined Benefit Obligation (Parenthetical) (Detail)

Retirement Benefit And Other Post-Retirement Obligations - Summary Of Effect Percentage Of Discount Rate Increase (Decrease) On Defined Benefit Obligation And Total Pension Expense (Detail)

Retirement Benefit And Other Post-Retirement Obligations - Summary Of Effect Percentage Of Discount Rate Increase (Decrease) On Defined Benefit Obligation And Total Pension Expense (Parenthetical) (Detail)

Retirement Benefit And Other Post-Retirement Obligations - Summary Of Fair Value Of Plan Assets (Detail)

Retirement Benefit And Other Post-Retirement Obligations - Summary Of Gains (Losses) Recognised In Other Comprehensive Income (Detail)

Retirement Benefit And Other Post-Retirement Obligations - Summary Of Liquidity Profile Of Uk Group Plan Assets (Detail)

Retirement Benefit And Other Post-Retirement Obligations - Summary Of Of Quoted And Non Quoted Market Price (Detail)

Retirement Benefit And Other Post-Retirement Obligations - Summary Of Principal Assumptions Used For Uk Group Plan And Us Prmb (Detail)

Retirement Benefit And Other Post-Retirement Obligations - Summary Of Remaining Average Life Expectancy In Years Of Pensioner Retiring At Age 65 (Detail)

Revenue From Contracts With Customers

Revenue From Contracts With Customers (Tables)

Revenue From Contracts With Customers - Additional Information (Detail)

Revenue From Contracts With Customers - Analysis Of Group's Revenue Streams (Detail)

Revenue From Contracts With Customers - Summary Of Remaining Transaction Price On Unsatisfied Or Partially Unsatisfied Performance Obligations From Contracts With Customers (Detail)

Revenue From Contracts With Customers - Summary Of Transfer Of Goods And Services Over Time And At A Point In Time (Detail)

Segment Information

Segment Information (Tables)

Segment Information - Additional Information (Detail)

Segment Information - Schedule Of Segment Reporting Information (Detail)

Segment Information - Summary Of Operating Segments In Geographic Areas (Detail)

Share Capital And Share Premium

Share Capital And Share Premium (Tables)

Share Capital And Share Premium - Additional Information (Detail)

Share Capital And Share Premium - Summary Of Share Capital And Share Premium (Detail)

Share-Based Payments

Share-Based Payments (Tables)

Share-Based Payments - Additional Information (Detail)

Share-Based Payments - Summary Of Charges In Income Statement In Respect Of Equity-Settled Share-Based Payment Plans (Detail)

Share-Based Payments - Summary Of Number And Weighted Average Exercise Prices Of Share Options Granted Under Group's Plans (Detail)

Share-Based Payments - Summary Of Shares Granted Under Restricted Share Arrangements (Detail)

Share-Based Payments - Summary Of Weighted Average Estimated Fair Values And Inputs Into Black-Scholes Model (Detail)

Share-Based Payments - Summary Of Weighted Average Remaining Contractual Lives And Exercise Prices Of Options Outstanding (Detail)

Trade And Other Liabilities

Trade And Other Liabilities (Tables)

Trade And Other Liabilities - Summary Of Trade And Other Liabilities (Detail)

Trade And Other Receivables

Trade And Other Receivables (Tables)

Trade And Other Receivables - Additional Information (Detail)

Trade And Other Receivables - Summary Of Ageing Of Group's Trade Receivables (Detail)

Trade And Other Receivables - Summary Of Movements On Provision For Bad And Doubtful Debts (Detail)

Trade And Other Receivables - Summary Of Trade And Other Receivables (Detail)

Treasury Shares

Treasury Shares (Tables)

Treasury Shares - Additional Information (Detail)

Treasury Shares - Schedule Of Treasury Shares (Detail)