Cash Flow

Cash Flow

Year ended

2018
US$m

2017
US$m

Cash flows from operating activities

 

 

Cash generated from operations

1,529

1,525

Interest paid

(98)

(85)

Interest received

12

15

Dividends received from associates

3

3

Tax paid

(191)

(144)

Net cash inflow from operating activities – continuing operations

1,255

1,314

Net cash (outflow)/inflow from operating activities – discontinued operations

(63)

41

Net cash inflow from operating activities

1,192

1,355

 

 

 

Cash flows from investing activities

 

 

Purchase of other intangible assets

(360)

(319)

Purchase of property, plant and equipment

(71)

(80)

Sale of property, plant and equipment

26

15

Purchase of other financial assets

(31)

(14)

Acquisition of subsidiaries, net of cash acquired

(146)

(363)

Purchase of investments in associates

(56)

(33)

Disposal of subsidiaries – continuing operations

2

(4)

Net cash flows used in investing activities – continuing operations

(636)

(798)

Net cash flows from/(used in) investing activities - discontinued operations

278

(21)

Net cash flows used in investing activities

(358)

(819)

 

 

 

Cash flows from financing activities

 

 

Cash inflow in respect of shares issued

16

11

Cash outflow in respect of share purchases

(581)

(364)

Other payments on vesting of share awards

(2)

(3)

Payments to acquire non-controlling interests

(8)

(9)

New borrowings

864

159

Repayment of borrowings

(653)

(3)

Net payments for cross currency swaps and foreign exchange contracts

(13)

(23)

Receipts from equity swaps

1

2

Dividends paid

(392)

(383)

Net cash flows used in financing activities

(768)

(613)

 

 

 

Net increase/(decrease) in cash and cash equivalents

66

(77)

Cash and cash equivalents at 1 April

81

151

Exchange movements on cash and cash equivalents

(10)

7

Cash and cash equivalents at 31 March

137

81