Preliminary results for the year ended 31 January 2009

 

26 March 2009

 

Notes to the consolidated financial information

For the financial year ended 31 January 2009

11. Cash generated by operations

£ millions 2008/09 2007/08 Restated
Operating profit 173 428
Share of post-tax results of joint ventures and associates 14 (14)
Amortisation and depreciation 265 226
Impairment losses 185 19
Loss/(profit) on disposal of property, plant and equipment, investment property and intangible assets 11 (29)
Share-based compensation charge 15 6
Decrease/(increase) in inventories 169 (216)
Decrease in trade and other receivables 69 4
(Decrease)/increase in trade and other payables (23) 178
Increase/(decrease) in provisions 14 (16)
Movement in post employment benefits (25) (73)
Cash generated by operations continuing operations 867 513

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