: consolidated statement of cash flows :
year ended 31 dec 1999
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| all figures in £ millions |
1999
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1998
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note
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| Net cash inflow from operating activities |
433
|
402
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| Dividends from partnerships and other associates |
44
|
53
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| Interest received |
41
|
52
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| Interest paid |
(182)
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(88)
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| Debt issue costs |
(5)
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(21)
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| Dividends paid to minority interests |
(1)
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(3)
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| Returns on investments and servicing of finance |
(147)
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(60)
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| Taxation |
(156)
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(80)
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| Purchase of tangible fixed assets |
(102)
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(125)
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| Sale of tangible fixed assets |
36
|
14
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| Purchase of investments |
(24)
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(53)
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| Sale of investments |
624
|
199
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| Capital expenditure and financial investment |
534
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35
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| Purchase of subsidiary undertakings |
(249)
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(2,936)
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| Net cash acquired with subsidiary undertakings |
––
|
(2)
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| Purchase of associates |
(54)
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(13)
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| Sale of subsidiary undertakings |
44
|
718
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| Net cash disposed with subsidiary undertakings |
(3)
|
(17)
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| Sale of associates |
12
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77
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| Acquisitions and disposals |
(250)
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(2,173)
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| Equity dividends paid |
(132)
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(113)
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| Net cash inflow/(outflow) before management of liquid resources and financing |
326
|
(1,936)
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| Liquid resources acquired |
(9)
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(1,261)
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| Liquid resources disposed |
10
|
1,306
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| Management of liquid resources |
1
|
45
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| Issue of equity share capital |
18
|
344
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| Capital element of finance lease rentals |
(11)
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(1)
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| Unsecured bank loans repaid |
––
|
(141)
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| Loan facility (repaid)/advanced |
(1,112)
|
2,115
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| 4.625% Euro Bonds 2004 advanced |
358
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––
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| 7% Sterling Bonds 2014 advanced |
250
|
––
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| Net movement in other borrowings |
202
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(280)
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| Financing |
(295)
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2,037
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| Increase in cash in the year |
32
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146
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