Cash flow (USD$m) and cash flow conversion

Operating cash flow is defined as EBIT less changes in working capital, plus depreciation/amortisation, less capital expenditure, less profit retained in associates.

Cash flow conversion is operating cashflow as a percentage of EBIT from continuing operations.

Cash flow Cash flow conversion
2007 765 100%
2008 848 99%
2009 897 101%
2010 935 100%
2011 1,028 98%