Preliminary results for the year ended 29 January 2011
Notes to the consolidated financial statements
10. Cash generated by operations
| £ millions | 2010/11 | 2009/10 |
|---|---|---|
| Operating profit | 698 | 623 |
| Share of post-tax results of joint ventures and associates | (31) | (26) |
| Depreciation and amortisation | 238 | 260 |
| Impairment losses | 14 | 4 |
| Loss/(profit) on disposal of property, plant and equipment, investment property and intangible assets | 4 | (1) |
| Share-based compensation charge | 21 | 20 |
| (Increase)/decrease in inventories | (238) | 234 |
| Increase in trade and other receivables | (10) | (18) |
| Increase in trade and other payables | 107 | 102 |
| Movement in provisions | (21) | (24) |
| Movement in post employment benefits | (19) | (44) |
| Cash generated by operations | 763 | 1,130 |
