Preliminary results for the year ended 31 January 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 |
