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Experian plc

Cash Flow

Year ended 31 March2010
US$m
2009
US$m
Cash flows from operating activities
Cash generated from operations 1,157 1,102
Interest paid (107) (157)
Interest received 39 29
Dividends received from associates 41 28
Tax paid (48) (39)
Net cash inflow from operating activities 1,082 963
Cash flows from investing activities
Purchase of property, plant and equipment (58) (75)
Purchase of other intangible assets (256) (230)
Sale of property, plant and equipment 30 -
Purchase of investments in associates (7) (29)
Disposal of other financial assets and investments in associates 118
Acquisition of subsidiaries, net of cash acquired (41) (179)
Disposal of subsidiaries (11) 191
Net cash flows used in investing activities (225) (322)
Cash flows from financing activities
Issue of ordinary shares 4 7
Receipt of share option proceeds 60 9
Purchase of own share by employee trusts and in respect of employee share incentive plans (178) -
New borrowings 692 71
Repayment of borrowings (1,217) (278)
Capital element of finance lease rental payments (2) (3)
Net receipts/(payments) from derivative financial instruments held to manage currency profile 33 (160)
Net receipts/(payments) from equity swaps 14 (11)
Payment into bank deposit (14) (29)
Dividends paid (248) (213)
Net cash flows used in financing activities (856) (607)
Exchange and other movements 35 (37)
Net increase/(decrease) in cash and cash equivalents - continuing operations 36 (3)
Net decrease in cash equivalents - discontinued operations - (17)
Net increase/(decrease) in cash and cash equivalents 36 (20)
Cash and cash equivalents at 1 April 127 147
Cash and cash equivalents at the end of the year 163 127