 |
Group cash flow statement
Year ended 31 December 1998
|
1998
US$m* |
|
1998
£m |
|
1997
£m |
Net cash (outflow)/inflow from operating activities |
(395.8) |
|
(237.9) |
|
418.3 |
Returns on investments and servicing of finance |
(122.6) |
|
(73.7) |
|
(40.6) |
Taxation |
(111.8) |
|
(67.2) |
|
(60.3) |
Capital expenditure |
(104.2) |
|
(62.6) |
|
(38.8) |
Financial investment |
(4.0) |
|
(2.4) |
|
32.0 |
Acquisition of subsidiary |
- |
|
- |
|
(6.1) |
Equity cash dividends paid |
(188.5) |
|
(113.3) |
|
(66.4) |
Net cash (outflow)/inflow before management of liquid resources and financing |
(926.9) |
|
(557.1) |
|
(238.1) |
Management of liquid resources |
1.3 |
|
0.8 |
|
174.7 |
- increase in debt |
895.5 |
|
538.2 |
|
770.0 |
- purchase of own shares |
(64.7) |
|
(38.9) |
|
(945.0) |
Financing |
830.8 |
|
499.3 |
|
(175.0) |
(Decrease)/increase in net cash in the year |
(94.8) |
|
(57.0) |
|
237.8 |
|
|
* |
US dollar equivalents are provided for reader convenience at the 31 December 1998 exchange
rate of £1:US$1.6638. |
Source: Final results 1998 news release
|