Preliminary results for the year ended 28 January 2012
Consolidated cash flow statement
Year ended 28 January 2012
| £ millions | Notes | 2011/12 | 2010/11 |
|---|---|---|---|
| Operating activities | |||
| Cash generated by operations | 10 | 827 | 763 |
| Income tax paid | (148) | (133) | |
| Net cash flows from operating activities | 679 | 630 | |
| Investing activities | |||
| Purchase of businesses | (2) | - | |
| Purchase of property, plant and equipment, investment property and intangible assets | (450) | (310) | |
| Disposal of property, plant and equipment, investment property and intangible assets | 9 | 87 | |
| Interest received | 19 | 19 | |
| Dividends received from joint ventures and associates | 10 | 6 | |
| Net cash flows from investing activities | (414) | (198) | |
| Financing activities | |||
| Interest paid | (22) | (33) | |
| Interest element of finance lease rental payments | (5) | (5) | |
| Repayment of bank loans | (10) | (57) | |
| Repayment of Medium Term Notes and other fixed term debt | (30) | (696) | |
| (Payment)/receipt on financing derivatives | (5) | 6 | |
| Capital element of finance lease rental payments | (16) | (12) | |
| New shares issued under share schemes | 6 | 3 | |
| Own shares issued under share schemes | 2 | 1 | |
| Own shares purchased | (117) | - | |
| Purchase of non-controlling interests | (8) | - | |
| Dividends paid to equity shareholders of the Company | (178) | (129) | |
| Net cash flows from financing activities | (383) | (922) | |
| Net decrease in cash and cash equivalents and bank overdrafts | (118) | (490) | |
| Cash and cash equivalents and bank overdrafts at beginning of year | 636 | 1,135 | |
| Exchange differences | (33) | (9) | |
| Cash and cash equivalents and bank overdrafts at end of year | 11 | 485 | 636 |
