| All figures in £ millions | Notes | 2010 | 2009 |
|---|---|---|---|
| Cash flows from operating activities | |||
| Net cash generated from operations | 31 | 1,169 | 1,012 |
| Interest paid | (78) | (90) | |
| Tax paid | (85) | (103) | |
| Net cash generated from operating activities | 1,006 | 819 | |
| Cash flows from investing activities | |||
| Acquisition of subsidiaries, net of cash acquired | 29 | (535) | (208) |
| Acquisition of joint ventures and associates | (22) | (14) | |
| Purchase of investments | (7) | (10) | |
| Purchase of property, plant and equipment | (76) | (62) | |
| Proceeds from sale of property, plant and equipment | 31 | – | 1 |
| Purchase of intangible assets | (56) | (58) | |
| Disposal of subsidiaries, net of cash disposed | 30 | 984 | – |
| Tax paid on disposal of subsidiaries | (250) | – | |
| Interest received | 10 | 3 | |
| Dividends received from joint ventures and associates | 23 | 22 | |
| Net cash received from/(used in) investing activities | 71 | (326) | |
| Cash flows from financing activities | |||
| Proceeds from issue of ordinary shares | 12 | 8 | |
| Purchase of treasury shares | (77) | (33) | |
| Proceeds from borrowings | 241 | 296 | |
| Liquid resources acquired | – | (13) | |
| Liquid resources sold | 53 | – | |
| Repayment of borrowings | (13) | (343) | |
| Finance lease principal payments | (3) | (2) | |
| Dividends paid to company’s shareholders | 9 | (292) | (273) |
| Dividends paid to non-controlling interest | (6) | (20) | |
| Transactions with non-controlling interest | (7) | 14 | |
| Net cash used in financing activities | (92) | (366) | |
| Effects of exchange rate changes on cash and cash equivalents | (1) | (36) | |
| Net increase in cash and cash equivalents | 984 | 91 | |
| Cash and cash equivalents at beginning of year | 680 | 589 | |
| Cash and cash equivalents at end of year | 17 | 1,664 | 680 |
The consolidated cash flow statement includes discontinued operations (see note 3).