 |
Cash generated from operations
Year ended 31 December 2006
| |
|
|
Profit for the period |
799 |
|
408 |
|
372 |
Adjustments for: |
|
|
|
|
|
- tax |
307 |
|
157 |
|
144 |
- finance costs : net |
186 |
|
95 |
|
100 |
- share of post-tax results of joint ventures and associates |
(59) |
|
(30) |
|
(17) |
- exceptional items |
25 |
|
13 |
|
35 |
- depreciation (excluding exceptional items) |
163 |
|
83 |
|
79 |
- amortisation of government grants |
- |
|
- |
|
(1) |
- amortisation of intangible assets included in subsidiaries |
31 |
|
16 |
|
15 |
- (profit) / loss on sale of property, plant and equipment
(excluding exceptional items) |
(2) |
|
(1) |
|
1 |
- charge in respect of employee share schemes |
10 |
|
5 |
|
5 |
Changes in working capital (excluding the effects of acquisitions, exceptional items and exchange differences) : |
|
|
|
|
|
- inventories |
67 |
|
34 |
|
5 |
- trade and other receivables |
51 |
|
26 |
|
(10) |
- financial assets at fair value through profit or loss |
2 |
|
1 |
|
- |
- trade and other payables |
33 |
|
17 |
|
21 |
Provisions for liabilities and charges |
(18) |
|
(9) |
|
- |
Retirement benefits assets and liabilities |
(33) |
|
(17) |
|
(16) |
Cash generated from operations before exceptional items |
1,562 |
|
798 |
|
733 |
Cash outflow from exceptional items |
(45) |
|
(23) |
|
(33) |
Cash generated from operations |
1,517 |
|
775 |
|
700 |
|
|
|
|
|
|
- US dollar equivalents are provided for reader convenience at the 31 December 2006 exchange rate of £1 : US$1.957.
Source : Final results 2006 news release
|