all figures in £ millions |
2000 |
1999 |
note |
|
|
|
|
Net cash inflow from operating
activities |
361 |
433 |
29
|
|
|
|
|
Dividends from joint ventures
and associates |
49 |
44 |
|
|
|
|
|
Interest received |
16 |
41 |
|
Interest paid |
(179) |
(182) |
|
Debt issue costs |
(4) |
(5) |
|
Dividends paid to minority interests
|
– |
(1) |
|
|
|
|
|
Returns on investments and servicing
of finance |
(167) |
(147) |
|
|
|
|
|
Taxation |
(90) |
(156) |
|
|
|
|
|
Purchase of tangible fixed assets
|
(139) |
(102) |
|
Sale of tangible fixed assets
|
22 |
36 |
|
Purchase of investments |
(132) |
(24) |
|
Sale of investments |
1 |
624 |
|
|
|
|
|
Capital expenditure and financial
investment |
(248) |
534 |
|
|
|
|
|
Purchase of subsidiary undertakings
|
(2,276) |
(249) |
|
Net cash acquired with subsidiary
undertakings |
(31) |
– |
|
Purchase of joint ventures and
associates |
(108) |
(54) |
|
Sale of subsidiary undertakings
|
158 |
44 |
|
Net cash disposed with subsidiary
undertakings |
– |
(3) |
|
Sale of associates |
392 |
12 |
|
|
|
|
|
Acquisitions and disposals |
(1,865) |
(250) |
27/28
|
|
|
|
|
Equity dividends paid |
(143) |
(132) |
|
|
|
|
|
Net cash (outflow)/inflow before
management of liquid resources and financing |
(2,103) |
326 |
|
|
|
|
|
Liquid resources acquired |
(16) |
(9) |
|
Liquid resources disposed |
– |
10 |
|
Collateral deposit placed |
(118) |
– |
|
|
|
|
|
Management of liquid resources
|
(134) |
1 |
29
|
|
|
|
|
Issue of equity share capital
|
1,959 |
18 |
|
Capital element of finance lease
rentals |
(10) |
(11) |
|
Loan facility advanced |
473 |
– |
|
Loan facility repaid |
(735) |
(1,112) |
|
Bonds advanced |
411 |
608 |
|
Loan notes advanced |
134 |
– |
|
Net movement in other borrowings
|
63 |
202 |
|
Financing |
2,295 |
(295) |
|
|
|
|
|
Increase in cash in the year
|
58 |
32 |
29
|