Consolidated cash flow statement

52 weeks ended 30 January 2011

  Note

2011
£m
Restated
(note 11)
2010
£m
Cash flows from operating activities    
Cash generated from operations 24 1,141 1,014
Interest paid   (52) (60)
Taxation paid   (191) (209)
Net cash inflow from operating activities   898 745
     
Cash flows from investing activities    
Interest received   5 8
Proceeds from sale of property, plant and equipment   8 7
Purchase of property, plant and equipment and investment property   (494) (916)
Purchase of intangible assets   (98)
Cash outflow from acquisition of subsidiaries 27 (3)
Net cash outflow from investing activities   (582) (901)
       
Cash flows from financing activities      
Proceeds from issue of ordinary shares   16 34
New borrowings   25 200
Repayment of borrowings   (154) (1)
Dividends paid to equity shareholders   (220) (159)
Net cash (outflow)/inflow from financing activities   (333) 74
       
Net decrease in cash and cash equivalents   (17) (82)
Cash and cash equivalents at start of period   245 327
Cash and cash equivalents at end of period   228 245

Reconciliation of net cash flow to movement in net debt in the period

  Note 2011£m 2010£m
Net decrease in cash and cash equivalents   (17) (82)
Cash outflow from decrease in debt and lease financing   154 2
Cash inflow from increase in loans   (25) (200)
Other non-cash movements   (1) (2)
Debt acquired on acquisition of subsidiaries 27 (4)
Opening net debt   (924) (642)
Closing net debt 25 (817) (924)

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