|
| 16. Reconciliation
of operating profit (loss) to operating cash flows |
2004
|
|
2003
|
|
2002
| |
| |
£m |
£m |
£m |
|
|
|
|
|
|
|
| Group operating profit (loss) |
2,873 |
|
2,572 |
|
(479 |
) |
| Depreciation |
2,921 |
|
3,011 |
|
3,680 |
|
| Amortisation and impairment |
15 |
|
24 |
|
2,321 |
|
| (Increase) decrease in stocks |
(6 |
) |
31 |
|
43 |
|
| Decrease (increase) in debtors |
414 |
|
764 |
|
(545 |
) |
| (Decrease) increase in creditors |
(171 |
) |
(294 |
) |
803 |
|
| Increase in pension prepayment and decrease in pension liabilities |
(655 |
) |
(314 |
) |
(537 |
) |
| (Decrease) increase in provisions |
(49 |
) |
171 |
|
52 |
|
| Other |
47 |
|
58 |
|
(81 |
) |
|
|
|
|
|
|
|
| Net cash inflow from operating activities |
5,389 |
|
6,023 |
|
5,257 |
|
|
|
|
|
|
|
|
| Analysed as: |
|
|
|
|
|
|
| Continuing activities |
5,389 |
|
6,023 |
|
5,023 |
|
| Discontinued activities |
– |
|
– |
|
234 |
|
|
|
|
|
|
|
|
| Net cash inflow from operating activities |
5,389 |
|
6,023 |
|
5,257 |
|
|
|
|
|
|
|
|
|
