Notes 31-39
- 31. Reconciliations of net cash flows from operating activities
- 32. Commitments
- 33. Contingent liabilities
- 34. Directors and key management compensation
- 35. Related party transactions
- 36. Employees
- 37. Subsequent events
- 38. New accounting standards
- 39. Change in accounting policy
31. Reconciliation of net cash flows from operating activities
2009 £m |
2008 £m |
Restated 2007 £m |
|
|---|---|---|---|
| Profit/(loss) for the financial year from continuing operations | 3,080 | 6,756 | (4,806) |
| Loss for the financial year from discontinued operations | – | – | (416) |
| Adjustments for(1): | |||
| Share-based payments | 128 | 107 | 93 |
| Depreciation and amortisation | 6,814 | 5,909 | 5,111 |
| Loss on disposal of property, plant and equipment | 10 | 70 | 44 |
| Share of result in associated undertakings | (4,091) | (2,876) | (2,728) |
| Impairment losses | 5,900 | – | 11,600 |
| Other income and expense | – | 28 | (502) |
| Non-operating income and expense | 44 | (254) | (4) |
| Investment income | (795) | (714) | (789) |
| Financing costs | 2,419 | 2,014 | 1,604 |
| Income tax expense | 1,109 | 2,245 | 2,293 |
| Loss on disposal of discontinued operations | – | – | 672 |
| Decrease /(increase) in inventory | 81 | (78) | (23) |
| Decrease /(increase) in trade and other receivables | 80 | (378) | (753) |
| (Decrease)/increase in trade and other payables | (145) | 460 | 1,175 |
| Cash generated by operations | 14,634 | 13,289 | 12,571 |
| Tax paid | (2,421) | (2,815) | (2,243) |
| Net cash flows from operating activities | 12,213 | 10,474 | 10,328 |
Note:
- (1)
- Adjustments include amounts relating to continuing and discontinued operations.