| 12 Months to |
|
|
6 Months to |
|
6 Months to |
| 31 August |
|
|
28 February |
|
28 February |
| 1998 |
|
|
1999 |
|
1,998 |
| £m |
|
Note |
£m |
|
£m |
| |
|
|
|
|
|
| 670 |
Net cash inflow from operating activities |
6 |
241 |
|
237 |
| |
|
|
|
|
|
| 6 |
Interest received |
|
7 |
|
10 |
| (111) |
Interest paid |
|
(72) |
|
(72) |
| (36) |
Premium on redemption of debentures |
|
- |
|
- |
| 12 |
Dividends received from associated undertakings |
|
5 |
|
6 |
| (98) |
Dividends paid to minority shareholders |
|
(2) |
|
(31) |
| |
|
|
|
|
|
| (227) |
Returns on investments and servicing of finance |
|
(62) |
|
(87) |
| |
|
|
|
|
|
| (69) |
UK taxation |
|
(26) |
|
(25) |
| (72) |
Overseas taxation |
|
(56) |
|
(35) |
| |
|
|
|
|
|
| (141) |
Taxation paid |
|
(82) |
|
(60) |
| |
|
|
|
|
|
| (221) |
Purchase of tangible fixed assets |
|
(101) |
|
(99) |
| 74 |
Sale of tangible fixed assets |
|
27 |
|
40 |
| - |
Purchase of investments |
|
(2) |
|
- |
| 2 |
Net decrease in franchise loans |
|
2 |
|
3 |
| |
|
|
|
|
|
| (145) |
Capital expenditure and financial investment |
|
(74) |
|
(56) |
| |
|
|
|
|
|
| (160) |
Purchase of subsidiary undertakings |
|
(7) |
|
(1) |
| (3) |
Purchase of associated and joint venture undertakings |
|
(7) |
|
(1) |
| (57) |
Sale of subsidiary undertakings |
|
437 |
|
(30) |
| (7) |
Cash and overdrafts disposed of with subsidiary undertakings |
|
48 |
|
6 |
| 1 |
Sale of associated undertakings |
|
8 |
|
1 |
| |
|
|
|
|
|
| (226) |
Acquisitions and disposals |
|
479 |
|
(25) |
| |
|
|
|
|
|
| (258) |
Equity dividends paid |
|
(163) |
|
(156) |
| |
|
|
|
|
|
| (327) |
Cash inflow/(outflow) before use of liquid resources and financing |
|
339 |
|
(147) |
| |
|
|
|
|
|
| 77 |
Management of liquid resources |
|
(80) |
|
33 |
| |
|
|
|
|
|
| 25 |
Issue of ordinary share capital |
|
6 |
|
8 |
| - |
Repurchase of preference shares |
|
(11) |
|
- |
| 152 |
Net (decrease)/increase in borrowings |
|
(219) |
|
111 |
| |
|
|
|
|
|
| 177 |
Financing |
|
(224) |
|
119 |
| |
|
|
|
|
|
| (73) |
Increase/(decrease) in cash in the year |
8 |
35 |
|
5 |
