Skip to main content

Consolidated cash flow statement

For the year ended 31 December 2007 Notes 2007
£m
2006
£m
2005
£m
Net cash inflow from operating activities 11 891.3 661.4 837.5
Investing activities
Acquisitions and disposals 11 (674.8) (215.6) (507.7)
Purchases of property, plant and equipment   (151.1) (167.8) (160.5)
Purchases of other intangible assets (including capitalised computer software)   (19.7) (16.7) (10.8)
Proceeds on disposal of property, plant and equipment   8.3 22.4 6.7
Net cash outflow from investing activities   (837.3) (377.7) (672.3)
Financing activities
Share option proceeds   34.8 70.9 20.3
Share repurchases and buy-backs 11 (415.4) (257.7) (152.3)
Net increase/(decrease) in borrowings 11 498.9 382.1 (595.2)
Financing and share issue costs   (8.3) (3.7) (2.2)
Equity dividends paid   (138.9) (118.9) (100.2)
Dividends paid to minority shareholders in subsidiary undertakings   (38.9) (28.8) (24.0)
Net cash (outflow)/inflow from financing activities   (67.8) 43.9 (853.6)
Net (decrease)/increase in cash and cash equivalents   (13.8) 327.6 (688.4)
Translation differences   119.2 (50.3) 85.0
Cash and cash equivalents at beginning of year   956.9 679.6 1,283.0
Cash and cash equivalents at end of year 11 1,062.3 956.9 679.6
Reconciliation of net cash flow to movement in net debt:
Net (decrease)/increase in cash and cash equivalents   (13.8) 327.6 (688.4)
Cash (outflow)/inflow from decrease/(increase) in debt financing   (493.5) (380.1) 596.9
Debt acquired   (7.5) (140.8)
Other movements   33.5 9.3 (25.9)
Translation difference   10.2 32.6 8.9
Movement of net debt in the year   (471.1) (10.6) (249.3)
Net debt at beginning of year   (814.6) (804.0) (554.7)
Net debt at end of year 10 (1,285.7) (814.6) (804.0)

Note
The accompanying notes form an integral part of this cash flow statement.