Consolidated Statement of Cash Flows
Year ended 31 Dec 2001
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| all figures in £ millions | note | 2001 | 2000 |
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| Net cash inflow from operating activities | 28 | 490 | 361 |
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| Dividends from joint ventures and associates | 25 | 49 | |
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| Interest received | 31 | 16 | |
| Interest paid | (187) | (179) | |
| Debt issue costs | (1) | (4) | |
| Dividends paid to minority interests | (9) | – | |
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| Returns on investments and servicing of finance | (166) | (167) | |
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| Taxation | (71) | (90) | |
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| Purchase of tangible fixed assets | (165) | (139) | |
| Sale of tangible fixed assets | 36 | 22 | |
| Purchase of investments | (35) | (132) | |
| Sale of investments | 22 | 1 | |
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| Capital expenditure and financial investment | (142) | (248) | |
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| Purchase of subsidiary undertakings | 26 | (128) | (2,276) |
| Net cash/(debt) acquired with subsidiary undertakings | 83 | (31) | |
| Purchase of joint ventures and associates | (26) | (108) | |
| Sale of subsidiary undertakings | 27 | 41 | 158 |
| Sale of associates | 1 | 392 | |
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| Acquisitions and disposals | (29) | (1,865) | |
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| Equity dividends paid | (174) | (143) | |
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| Net cash outflow before management of liquid resources and financing | (67) | (2,103) | |
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| Liquid resources acquired | (48) | (16) | |
| Collateral deposit reimbursed/(placed) | 47 | (118) | |
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| Management of liquid resources | 28 | (1) | (134) |
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| Issue of equity share capital | 20 | 1,959 | |
| Capital element of finance lease rentals | (7) | (10) | |
| Loan facility advanced | – | 473 | |
| Loan facility repaid | (521) | (735) | |
| Bonds advanced | 507 | 411 | |
| Loan notes advanced | – | 134 | |
| Net movement in other borrowings | 3 | 63 | |
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| Financing | 2 | 2,295 | |
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| (Decrease)/increase in cash in the year | 28 | (66) | 58 |
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