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Consolidated cash flow statement

For the year ended 31 December 2010 Notes 2010
£m
2009
£m
2008
£m
Net cash inflow from operating activities 11 1,361.2 818.8 922.7
Investing activities        
Acquisitions and disposals 11 (200.1) (118.4) (1,029.4)
Purchases of property, plant and equipment   (190.5) (222.9) (196.8)
Purchases of other intangible assets (including capitalised computer software)   (27.0) (30.4) (23.8)
Proceeds on disposal of property, plant and equipment   7.6 9.2 11.5
Net cash outflow from investing activities   (410.0) (362.5) (1,238.5)
Financing activities        
Share option proceeds   42.7 4.1 10.6
Cash consideration for non-controlling interests 11 (15.1) (26.4) (19.7)
Share repurchases and buy-backs 11 (46.4) (9.5) (105.3)
Net increase/(decrease) in borrowings 11 19.8 (426.3) 810.4
Financing and share issue costs   (3.5) (18.8) (19.4)
Equity dividends paid 8 (200.4) (189.8) (161.8)
Dividends paid to non-controlling interests in subsidiary undertakings   (66.7) (63.0) (63.5)
Net cash outflow from financing activities   (269.6) (729.7) 451.3
Net increase/(decrease) in cash and cash equivalents   681.6 (273.4) 135.5
Translation differences   82.2 (98.7) 120.3
Cash and cash equivalents at beginning of year   946.0 1,318.1 1,062.3
Cash and cash equivalents at end of year 11 1,709.8 946.0 1,318.1
         
Reconciliation of net cash flow to movement in net debt:        
Net increase/(decrease) in cash and cash equivalents   681.6 (273.4) 135.5
Cash (inflow)/outflow from (increase)/decrease in debt financing   (16.3) 445.1 (796.6)
Debt acquired   (577.8)
Other movements   (17.7) 35.1 (94.5)
Translation difference   104.4 220.4 (448.5)
Movement of net debt in the year   752.0 427.2 (1,781.9)
Net debt at beginning of year   (2,640.4) (3,067.6) (1,285.7)
Net debt at end of year 10 (1,888.4) (2,640.4) (3,067.6)
Note
The accompanying notes form an integral part of this consolidated cash flow statement.