Group cash flow statement
FOR THE YEAR ENDED 31 MARCH 1996 |
| Notes | 1996
£m | 1995
£m |
|
|
|
| Net cash inflow from operating activities | 8 | 5,829 | 5,113 |
|
| Returns on investments and servicing of finance |
| Interest and dividends received | |
| 207 | 147 |
| (332) | (396) |
| - | (75) |
| (1,138) | (1,065) |
| (20) | (18) |
|
|
| Interest paid |
| Premium paid on repurchase of bonds |
| Dividends paid to the company’s shareholders |
| Dividends paid to minorities |
| Net cash outflow from returns on investments and servicing of finance | | (1,283) | (1,407) |
|
| Taxation | |
| UK corporation tax paid | |
|
| Overseas tax paid | |
| Tax paid | | (784) | (1,175) |
|
| Investing activities | |
| Purchase of tangible fixed assets | |
| (2,547) | (2,638) |
| (26) | (6) |
| (207) | (2,389) |
| (2,520) | (2,430) |
| 148 | 238 |
| 1,996 | 4,364 |
|
|
| Purchase of subsidiary undertakings | |
| Purchase of fixed asset investments | |
| Purchase of short-term investments | |
| Sale of fixed assets | |
| Sale of short-term investments | |
|
| Net cash outflow from investing activities | | (3,156) | (2,861) |
|
|
|
| Net cash inflow (outflow) before financing | | 606 | (330) |
|
| Financing | 9 |
| Issue of ordinary share capital | |
| 130 | 57 |
| 59 | 61 |
| 177 | 2,178 |
| (151) | (2,456) |
|
|
| Issue of shares to minorities | |
| New loans | |
| Repayment of loans | |
|
| Net cash inflow (outflow) from financing | | 215 | (160) |
|
|
|
| Increase (decrease) in cash and cash equivalents | 10 | 821 | (490) |
|
|
|
| Decrease (increase) in net debt | 11 | 1,319 | (2,146) |
|
|
|