 |
Reconciliation of net cash flow to movement in net debt
Six months ended 30 June 2004
|
Six months ended 30 June 2004
US$m* |
|
Six months ended 30 June 2004
£m |
|
Six months ended 30 June 2003
£m |
|
Year ended 31 Dec. 2003
£m |
Increase in net cash in the period |
971 |
|
535 |
|
38 |
|
47 |
Cash flow from (decrease)/increase in liquid resources |
(9) |
|
(5) |
|
2 |
|
2 |
Cash flow from (increase)/decrease in debt |
(646) |
|
(356) |
|
(28) |
|
(113) |
Change in net debt resulting from cash flows |
316 |
|
174 |
|
12 |
|
162 |
Exchange adjustments |
141 |
|
78 |
|
(101) |
|
(121) |
Decrease/(increase) in net debt in the period |
457 |
|
252 |
|
(89) |
|
41 |
Opening net debt |
(4,448) |
|
(2,452) |
|
(2,493) |
|
(2,493) |
Closing net debt |
(3,991) |
|
(2,200) |
|
(2,582) |
|
(2,452) |
* US dollar equivalents are provided for reader convenience at the 30 June 2004 exchange rate of £1:US$1.814.
Source: Interim results 2004 news release
|