Consolidated cash flow statement

 

Year ended 31 January 2017

£ millions Notes 2016/17 2015/16
Operating activities      
Cash generated by operations 10 925 931
Income tax paid   (144) (118)
Net cash flows from operating activities   781 813
       
Investing activities      
Purchase of property, plant and equipment and intangible assets   (406) (333)
Disposal of property, plant and equipment, investment property and property held for sale   20 25
Disposal of property company 12 18
Disposal of B&Q China: 12    
          Proceeds (net of costs and cash disposed)   63 102
          Deposit repaid   (12)
Decrease/(increase) in short-term deposits   70 (22)
Interest received   5 3
Dividends received from joint ventures and associates   5
Net cash flows from investing activities   (248) (214)
       
Financing activities      
Interest paid   (10) (12)
Interest element of finance lease rental payments   (2) (3)
Repayment of bank loans   (2) (1)
Repayment of fixed term debt   (47)
Receipt on financing derivatives   10
Capital element of finance lease rental payments   (12) (13)
New shares issued under share schemes   3 4
Own shares issued under share schemes   1 1
Purchase of own shares for ESOP trust   (6) (16)
Purchase of own shares for cancellation   (200) (200)
Ordinary dividends paid to equity shareholders of the Company   (230) (232)
Net cash flows from financing activities   (495) (472)
       
Net increase in cash and cash equivalents and bank overdrafts, including amounts classified as held for sale   38 127
Cash and cash equivalents and bank overdrafts, including amounts classified as held for sale, at beginning of year   654 527
Exchange differences   103
Cash and cash equivalents and bank overdrafts at end of year 11 795 654