| Year to |
|
|
6 Months to |
|
6 Months to |
| 31 August |
|
|
29 February |
|
28 February |
| 1999 |
|
|
2000 |
|
1,999 |
| £m |
|
Note |
£m |
|
£m |
| |
|
|
|
|
|
| 551 |
Net cash inflow from operating activities |
9 |
116 |
|
241 |
| 12 |
Dividends received from associated undertakings
|
|
3 |
|
5 |
| 10 |
Interest received |
|
7 |
|
7 |
| (125) |
Interest paid |
|
(55) |
|
(72) |
| (272) |
Premium on redemption of debentures and loan stock |
|
- |
|
- |
| (4) |
Dividends paid to minority shareholders |
|
(2) |
|
(2) |
| - |
Purchase of ordinary share capital |
|
(32) |
|
- |
| |
|
|
|
|
|
| (391) |
Returns on investments and servicing of finance |
|
(82) |
|
(67) |
| |
|
|
|
|
|
| (58) |
UK taxation |
|
46 |
|
(26) |
| (103) |
Overseas taxation |
|
(12) |
|
(56) |
| |
|
|
|
|
|
| (161) |
Taxation paid |
|
34 |
|
(82) |
| |
|
|
|
|
|
| (208) |
Purchase of tangible fixed assets |
|
(29) |
|
(101) |
| 57 |
Sale of tangible fixed assets |
|
25 |
|
27 |
| 1 |
Net decrease in trade investments |
|
- |
|
(2) |
| (1) |
Net decrease/(increase) in franchise loans |
|
2 |
|
2 |
| |
|
|
|
|
|
| (151) |
Capital expenditure and financial investment |
|
(2) |
|
(74) |
| |
|
|
|
|
|
| (14) |
Purchase of subsidiary undertakings |
|
(100) |
|
(7) |
| (9) |
Purchase of associated and joint venture undertakings |
|
- |
|
(7) |
| (430) |
Sale of subsidiary undertakings |
|
- |
|
(437) |
|
Disposal of UK Retail:- |
|
|
|
|
| - |
Payment relating to UK Retail cash flows |
12 |
(54) |
|
- |
| - |
Payment relating to investment in Britannia Soft Drinks |
12 |
(75) |
|
- |
| - |
Disposal costs |
|
(32) |
|
- |
| (48) |
Cash and overdrafts disposed of with subsidiary undertakings |
|
(23) |
|
48 |
| 21 |
Sale of associated undertakings |
|
1 |
|
8 |
| |
|
|
|
|
|
| (476) |
Acquisitions and disposals |
|
(283) |
|
(479) |
| |
|
|
|
|
|
| (320) |
Equity dividends paid |
|
- |
|
(163) |
| (34) |
Continuing operations |
|
(214) |
|
349 |
| 50 |
Discontinued operations |
|
- |
|
(10) |
| |
|
|
|
|
|
| 16) |
Cash outflow/(inflow) before use of liquid resources and financing |
|
(214) |
|
(339) |
| |
|
|
|
|
|
| (52) |
Management of liquid resources |
|
58 |
|
(80) |
| |
|
|
|
|
|
| 112 |
Issue of ordinary share capital |
|
- |
|
6 |
| (11) |
Redemption of preference shares |
|
- |
|
(11) |
| (318) |
Net decrease in borrowings |
|
(7) |
|
(219) |
| |
|
|
|
|
|
| (217) |
Financing |
|
(7) |
|
(224) |
| |
|
|
|
|
|
| (253) |
Decrease/(increase) in cash in the year |
11 |
(163) |
|
35 |