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| 6 MONTHS ENDED 28 FEBRUARY 1998 |
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| 1996/97 |
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1997/98 |
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1996/97 |
| 12 months |
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6 months |
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6 months |
| £m |
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Note |
£m |
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£m |
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| 647 |
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Net cash inflow from operating activities |
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6 |
237 |
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268 |
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| 18 |
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Interest received |
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10 |
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17 |
| (123) |
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Interest paid |
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(72) |
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(79) |
| 12 |
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Dividends received from associated undertakings |
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6 |
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6 |
| (1) |
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Non-equity dividends paid to minority shareholders |
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0 |
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0 |
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| (94) |
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Returns on investments and servicing of finance |
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(56) |
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(56) |
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| (75) |
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UK taxation |
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(25) |
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(22) |
| (54) |
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Overseas taxation |
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(35) |
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(23) |
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| (129) |
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Taxation paid |
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(60) |
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(45) |
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| (220) |
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Purchase of tangible fixed assets |
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(99) |
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(114) |
| 105 |
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Sales of tangible fixed assets |
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40 |
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66 |
| (2) |
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Purchase of trade investments |
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0 |
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0 |
| 18 |
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Sale of trade investments |
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0 |
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19 |
| (4) |
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Net decrease/(increase) in trade loans |
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3 |
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(4) |
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| (103) |
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Capital expenditure and financial investment |
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(56) |
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(33) |
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| (57) |
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Purchase of subsidiary undertakings |
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(1) |
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(13) |
| (5) |
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Cash and overdrafts acquired with subsidiary undertakings |
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0 |
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0 |
| (4) |
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Purchase of associated undertakings |
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(1) |
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(2) |
| 11 |
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Sale of subsidiary undertakings |
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(30) |
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0 |
| 7 |
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Cash and overdrafts disposed of with subsidiary undertakings |
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6 |
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0 |
| 10 |
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Sale of associated undertakings |
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1 |
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3 |
| 2 |
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Shares issued to minority interests |
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0 |
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0 |
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| (36) |
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Acquisitions and disposals |
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(25) |
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(12) |
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| (249) |
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Equity dividends paid |
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(187) |
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(150) |
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| 36 |
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Cash (outflow)/inflow before use of liquid resources and financing |
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(147) |
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(28) |
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| (39) |
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Management of liquid resources |
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33 |
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(84) |
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| 4 |
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Issue of ordinary share capital |
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8 |
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2 |
| (94) |
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Borrowings increased net of repayments |
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111 |
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2 |
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| (90) |
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Financing |
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119 |
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4 |
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| (93) |
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Increase/(decrease) in cash in the period |
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8 |
5 |
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(108) |
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