| | NOTES* | 2005
£m | 2004
£m |
|---|
| NET CASH INFLOW FROM OPERATING ACTIVITIES | 27a | 978 | 882 |
| DIVIDENDS RECEIVED FROM JOINT VENTURES | | 12 | 4 |
| RETURNS ON INVESTMENTS AND SERVICING OF FINANCE |
| Interest received and similar income | | 28 | 7 |
| Interest paid and similar charges | | (91) | (89) |
| NET CASH OUTFLOW FROM RETURNS ON INVESTMENTS AND SERVICING OF FINANCE | | (63) | (82) |
| TAXATION |
| UK corporation tax paid | | (101) | (55) |
| Consortium relief paid | | (2) | (3) |
| NET CASH OUTFLOW FROM TAXATION | | (103) | (58) |
| CAPITAL EXPENDITURE AND FINANCIAL INVESTMENT |
| Payments to acquire tangible fixed assets | | (230) | (132) |
| Receipts from sales of fixed asset investments | | 1 | 116 |
| NET CASH OUTFLOW FROM CAPITAL EXPENDITURE AND FINANCIAL INVESTMENT | | (229) | (16) |
| ACQUISITIONS AND DISPOSALS |
| Funding to joint ventures and associates | | (4) | (5) |
| Repayments of funding from joint ventures and associates | | 8 | 6 |
| Receipts from sales of investments in joint ventures | | 14 | - |
| NET CASH INFLOW FROM ACQUISITIONS AND DISPOSALS | | 18 | 1 |
| EQUITY DIVIDENDS PAID | | (138) | (53) |
| NET CASH INFLOW BEFORE MANAGEMENT OF LIQUID RESOURCES AND FINANCING | | 475 | 678 |
| MANAGEMENT OF LIQUID RESOURCES | 27c | 164 | (511) |
| FINANCING |
| Proceeds from issue of Ordinary Shares | | - | 20 |
| Proceeds from issue of shares held in ESOP | | 4 | - |
| Purchase of own shares for ESOP | | (14) | (22) |
| Share buy-back | | (416) | - |
| Capital element of finance lease payments | 27b | - | (1) |
| Net decrease in debt due after more than one year | 27b | - | (75) |
| NET CASH OUTFLOW FROM FINANCING | | (426) | (78) |
| INCREASE IN CASH | 27c | 213 | 89 |
| * Notes are available in the full annual report which can be downloaded in PDF format on this site |
| The accompanying notes are an integral part of this consolidated cash flow statement. |
