Preliminary results for the year ended 28 January 2012
Notes to the consolidated financial statements
10. Cash generated by operations
| £ millions | 2011/12 | 2010/11 |
|---|---|---|
| Operating profit | 807 | 698 |
| Share of post-tax results of joint ventures and associates | (32) | (31) |
| Depreciation and amortisation | 237 | 238 |
| Impairment losses | 7 | 14 |
| Loss on disposal of property, plant and equipment, investment property and intangible assets | 7 | 4 |
| Share-based compensation | 32 | 21 |
| Increase in inventories | (94) | (238) |
| Increase in trade and other receivables | (28) | (10) |
| (Decrease)/increase in trade and other payables | (65) | 107 |
| Movement in provisions | (24) | (21) |
| Movement in post employment benefits | (20) | (19) |
| Cash generated by operations | 827 | 763 |
