- Annual Report 2005
- Financial Section
- Group Cash Flow Statement
GROUP CASH FLOW STATEMENT
for the year ended 2nd October, 2005
| Note | 2005 £m | 2004 £m | |
|---|---|---|---|
| Net cash inflow from operating activities | 15 | 359.4 | 382.4 |
| Dividends received from joint ventures and associates | 6.8 | 8.8 | |
| Returns on investments and servicing of finance | 16 | (56.1) | (58.1) |
| Taxation (net) | 16 | (35.6) | (14.3) |
| Capital expenditure and financial investment (net) | 16 | (72.7) | (85.7) |
| Acquisitions and disposals | 16 | (119.9) | (128.5) |
| Equity dividends paid | (44.9) | (41.0) | |
| Management of liquid resources | 17 | (37.8) | (1.3) |
| Net cash outflow from financing | 16 | (4.0) | (19.1) |
| (Decrease)/increase in net cash | (4.8) | 43.2 |
| Note | 2005 £m | 2004 £m | |
|---|---|---|---|
| Reconciliation of net cash flow to movement in net debt | |||
| (Decrease)/increase in net cash | 17 | (4.8) | 43.2 |
| Cash (inflow)/outflow from change in debt and lease finance | 17 | (7.0) | 43.7 |
| Cash outflow from change in liquid resources | 17 | 37.8 | 1.3 |
| Change in net debt from cash flows | 26.0 | 88.2 | |
| Loans notes issued and loans arising from acquisitions | 17 | (2.0) | (2.2) |
| Other non-cash items | 17 | (10.6) | 7.4 |
| Decrease in net debt in the year | 13.4 | 93.4 | |
| Net debt at beginning of year | 17 | (779.8) | (873.2) |
| Net debt at end of year | 17 | (766.4) | (779.8) |