Unaudited condensed consolidated interim cash flow statement
| For the six months ended 30 June 2008 | Notes | Six months ended 30 June 2008 £m |
Six months ended 30 June 2007 £m |
Year ended 31 December 2007 £m |
|---|---|---|---|---|
| Net cash (outflow)/inflow from operating activities | 10 | (165.4) | (7.2) | 891.3 |
| Investing activities | ||||
| Acquisitions and disposals | 10 | (176.0) | (208.0) | (674.8) |
| Purchases of property, plant and equipment | (67.8) | (66.1) | (151.1) | |
| Purchases of other intangible assets (incl. capitalised computer software) | (6.2) | (6.1) | (19.7) | |
| Proceeds on disposal of property, plant and equipment | 6.7 | 6.6 | 8.3 | |
| Net cash outflow from investing activities | (243.3) | (273.6) | (837.3) | |
| Financing activities | ||||
| Share option proceeds | 5.9 | 21.4 | 34.8 | |
| Share repurchases and buy-backs | 10 | (112.2) | (209.2) | (415.4) |
| Net increase in borrowings | 10 | 79.5 | 111.8 | 498.9 |
| Financing and share issue costs | (4.3) | (1.9) | (8.3) | |
| Equity dividends paid | – | – | (138.9) | |
| Dividends paid to minority shareholders in subsidiary undertakings | (26.4) | (20.4) | (38.9) | |
| Net cash outflow from financing activities | (57.5) | (98.3) | (67.8) | |
| Net decrease in cash and cash equivalents | (466.2) | (379.1) | (13.8) | |
| Translation differences | 34.7 | 2.4 | 119.2 | |
| Cash and cash equivalents at beginning of period | 1,062.3 | 956.9 | 956.9 | |
| Cash and cash equivalents at end of period | 10 | 630.8 | 580.2 | 1,062.3 |
| Reconciliation of net cash flow to movement in net debt: | ||||
| Net decrease in cash and cash equivalents | (466.2) | (379.1) | (13.8) | |
| Cash inflow from increase in debt financing | (76.0) | (109.9) | (493.5) | |
| Other movements | 28.3 | 48.7 | 26.0 | |
| Translation difference | (57.6) | (9.6) | 10.2 | |
| Movement of net debt in the period | (571.5) | (449.9) | (471.1) | |
| Net debt at beginning of period | (1,285.7) | (814.6) | (814.6) | |
| Net debt at end of period | 11 | (1,857.2) | (1,264.5) | (1,285.7) |