For the year eded 31 December 2004 |
|||
| Note | Year ended 31 December 2004 £m |
Year ended 31 December 2003 £m |
|
|---|---|---|---|
| Net cash inflow from operating activities | 25 | 198 | 184 |
| Dividends received from joint ventures and associates | 25 | 69 | 101 |
| 267 | 285 | ||
| Returns on investments and servicing of finance – ordinary | 25 | (109) | (84) |
| Returns on investments and servicing of finance – exceptional | 25 | (26) | (4) |
| (135) | (88) | ||
| Taxation | (20) | (14) | |
| Capital expenditure and financial investment – ordinary | 25 | (273) | (74) |
| Capital expenditure and financial investment – exceptional | 25 | – | 11 |
| (273) | (63) | ||
| Acquisitions and disposals – ordinary | 25 | (1,143) | – |
| Acquisitions and disposals – exceptional | 25 | 17 | 24 |
| (1,126) | 24 | ||
| Net cash (outflow)/inflow before management of liquid resources and financing activities | (1,287) | 144 | |
| Management of liquid resources | (32) | (20) | |
| Financing activities | 25 | 1,068 | (260) |
| Decrease in cash in the year | (251) | (136) |
