CONSOLIDATED CASH FLOW STATEMENT

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p.44. As restated. 2005. 2004. Notes. £m. £m. Cash flows from operating activities. Reconciliation of profit to operating cash flows. Profit for the period. 477.5.
CONSOLIDATED CASH FLOW STATEMENT for the year ended 31 December 2005

Notes

p.44

As restated 2004 £m

Cash flows from operating activities Reconciliation of profit to operating cash flows Profit for the period Add back: Taxation Depreciation Amortisation Interest income Interest expense Net financing costs – pension schemes Net financing costs – other than interest Share in profits from associates and joint ventures Income from fixed asset investments Profit on disposals Non-recurring reorganisation and restructuring costs Amounts written off investments

477.5

237.6

25.8 10.4 11.4 (28.2) 15.5 2.5 19.1 (13.2) (3.0) (417.0) 37.2 –

(92.3) 12.9 3.1 (26.5) 14.1 3.4 – (5.0) (5.2) (18.9) – 11.7

Payments against provisions Additional pension contributions Other non-cash items (Increase)/decrease in inventories (Increase)/decrease in trade and other receivables Increase/(decrease) in trade and other payables

138.0 (19.9) (17.2) 4.1 (6.2) (17.1) 18.4

134.9 (16.1) (7.0) (0.6) 2.4 (3.7) (2.4)

Cash generated from operations Interest received Interest paid Taxation paid Dividend received from joint ventures and associates Income from investments

100.1 19.9 (16.4) (17.4) 2.8 3.0

107.5 27.4 (19.6) (10.0) 4.8 4.8

92.0

114.9

Cash flows from investing activities Acquisition of interests in subsidiaries, net of cash acquired Sale of discontinued operations Purchase of property and equipment Proceeds on sale of property and equipment Sale/(purchase) of interests in associated companies and joint ventures Proceeds from sale of investments

(115.6) 437.4 (9.7) 6.3 300.3 42.8

(190.2) – (8.5) 1.9 (1.7) 67.1

Net cash flows from investing activities

661.5

(131.4)

Cash flows from financing activities Proceeds from issuance of ordinary share capital Return of capital to shareholders (including costs) Dividend paid to shareholders Dividend paid to minority interests Investment in own shares – ESOP Decrease in borrowings Repurchase of bonds

18.2 (16.8) (337.8) (1.9) (7.4) – (273.2)

1.5 (1.9) (31.2) – (4.1) (98.9) –

Net cash flows from financing activities

(618.9)

(134.6)

Net decrease in cash and cash equivalents Net foreign exchange difference Cash and cash equivalents at 1 January

134.6 11.4 336.6

(151.1) (8.0) 495.7

Cash and cash equivalents at 31 December

482.6

336.6

Net cash flows from operating activities

20

2005 £m