Consolidated cash flow statement
Year ended 31 December 2009
|
All figures in £ millions
|
Notes
|
2009
|
2008
|
|
Cash flows from operating activities
|
|
|
|
|
Net cash generated from operations
|
31
|
1,012
|
894
|
|
Interest paid
|
|
(90)
|
(87)
|
|
Tax paid
|
|
(103)
|
(89)
|
|
Net cash generated from operating activities
|
|
819
|
718
|
|
Cash flows from investing activities
|
|
|
|
|
Acquisition of subsidiaries, net of cash acquired
|
29
|
(208)
|
(395)
|
|
Acquisition of joint ventures and associates
|
|
(14)
|
(5)
|
|
Purchase of investments
|
|
(10)
|
(1)
|
|
Purchase of property, plant and equipment (PPE)
|
|
(62)
|
(75)
|
|
Proceeds from sale of investments
|
|
–
|
5
|
|
Proceeds from sale of PPE
|
31
|
1
|
2
|
|
Purchase of intangible assets
|
|
(58)
|
(45)
|
|
Disposal of subsidiaries, net of cash disposed
|
30
|
14
|
111
|
|
Interest received
|
|
3
|
11
|
|
Dividends received from joint ventures and associates
|
|
22
|
23
|
|
Net cash used in investing activities
|
|
(312)
|
(369)
|
|
Cash flows from financing activities
|
|
|
|
|
Proceeds from issue of ordinary shares
|
27
|
8
|
6
|
|
Purchase of treasury shares
|
|
(33)
|
(47)
|
|
Proceeds from borrowings
|
|
296
|
455
|
|
Liquid resources acquired
|
|
(13)
|
–
|
|
Repayment of borrowings
|
|
(343)
|
(275)
|
|
Finance lease principal payments
|
|
(2)
|
(3)
|
|
Dividends paid to company's shareholders
|
9
|
(273)
|
(257)
|
|
Dividends paid to minority interest
|
|
(20)
|
(28)
|
|
Net cash used in financing activities
|
|
(380)
|
(149)
|
|
Effects of exchange rate changes on cash and cash equivalents
|
|
(36)
|
(103)
|
|
Net increase in cash and cash equivalents
|
|
91
|
97
|
|
Cash and cash equivalents at beginning of year
|
|
589
|
492
|
|
Cash and cash equivalents at end of year
|
17
|
680
|
589
|
