 |
|
|
|
|
Notes |
1999
£m |
1998
£m |
 |
| Cash flow from operating activities |
29(a) |
373.2 |
379.3 |
| Dividends received from joint ventures and associated undertakings |
|
4.2 |
10.3 |
| Returns on investments and servicing of finance |
29(b) |
(39.3) |
(16.1) |
| Taxation |
|
(95.5) |
(96.2) |
|
| Cash flow after returns on investments, servicing of finance and taxation |
|
242.6 |
277.3 |
| Capital expenditure and financial investment |
29(c) |
(151.8) |
(124.7) |
| Acquisitions and disposals |
33 |
(201.8) |
(212.2) |
| Equity dividends paid |
|
(87.8) |
(79.4) |
|
| Cash outflow before management of liquid resources and financing |
|
(198.8) |
(139.0) |
| Management of liquid resources |
30 |
81.1 |
204.9 |
| Financing |
29(d) |
256.2 |
(34.5) |
|
| Increase in cash in the year |
|
138.5 |
31.4 |
|
Reconciliation of net cash flow to movements in net debt |
Notes |
1999
£m |
1998
£m |
|
| Increase in cash in the year |
|
138.5 |
31.4 |
| Cash (inflow)/outflow from (decrease)/increase in debt |
|
(247.2) |
36.7 |
| Cash (inflow)/outflow from (decrease)/increase in liquid resources |
|
(81.1) |
(204.9) |
|
| Change in net debt resulting from cash flows |
|
(189.8) |
(136.8) |
|
| Debt acquired |
|
- |
(20.3) |
| Translation difference |
|
(3.7) |
2.6 |
|
| Movement in net debt in the year |
|
(193.5) |
(154.5) |
| Opening net (debt)/funds |
|
(59.8) |
94.7 |
|
| Closing net debt |
30 |
(253.3) |
(59.8) |
|
