Consolidated cash flow statements

Bottling AppletiseBrewery scenePilsener beer

 

for the years ended 31 March

 
 
 
 
 
Notes
2004
 
US$m
2003
Restated
US$m
Net cash inflow from operating activities 25 2,292 1,568
Dividends received from associates   25 27
Returns on investments and servicing of finance      
Interest received   53 39
Interest paid   (216) (159)
Interest element of finance lease rental payments   (3) (11)
Dividends received from other investments   9 3
Dividends paid to minority interests   (154) (137)
Net cash outflow from returns on investments and servicing of finance   (311) (265)
Taxation paid   (456) (286)
Capital expenditure and financial investments      
Purchase of tangible fixed assets   (576) (445)
Sale of tangible fixed assets   27 16
Purchase of investments   (217) (9)
Sale of investments   6 3
Net cash outflow for capital expenditure and financial investments   (760) (435)
Acquisitions and disposals      
Purchase of subsidiary undertakings 29 (338) (52)
Net (overdraft)/cash acquired with subsidiary undertakings 29 (160) 6
Sale of subsidiary undertakings 29 44
Net cash disposed with subsidiary undertakings 29 (42)
Purchase of shares from minorities 29 (20) (8)
Purchase of shares in associates   (58) (6)
Net funding from associates   1 4
Proceeds of pension fund surplus from previously disposed operation 5 47
Proceeds from disposal of trademarks 5 13
Net cash outflow for acquisitions and disposals   (515) (54)
Equity dividends paid to shareholders   (309) (203)
Management of liquid resources      
(Purchase)/sale of short-term liquid instruments   (16) 43
Cash withdrawn from short-term deposits   1
Net cash (outflow)/inflow from management of liquid resources 26, 27 (16) 44
Financing      
Issue of shares   10 2
Issue of shares to minorities   4 2
Net purchase of own shares for share trusts   (10) (12)
New loans raised 26, 27 3,385 190
Repayment of loans 26, 27 (3,377) (330)
Net cash inflow/(outflow) from financing   12 (148)
(Decrease)/increase in cash in the year 26, 27 (38) 248

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