Pdf
GroupCompany
Note2018
£m
2017
£m
2018
£m
2017
£m
Operating activities
Cash generated from operationsA1989.81,018.1271.2265.4
Interest paid(144.6)(161.0)(25.1)(28.5)
Interest received and similar income5.94.9
Tax paid(35.5)(42.4)
Tax received1.25.5
Net cash generated from operating activities815.6820.8246.1242.4
Investing activities
Purchase of property, plant and equipment(698.6)(672.4)
Purchase of intangible assets(36.1)(52.4)
Proceeds from sale of property, plant and equipment1.14.1
Grants and contributions received2023.729.0
Loans to joint venturesA6(26.5)(109.0)
Investment in joint ventures(13.5)
Proceeds from disposal of business8.93.3
Dividends received from joint ventures113.35.4
Proceeds from investments121.00.9
Net cash used in investing activities(723.2)(804.6)
Financing activities
Proceeds from borrowings801.0736.224.423.0
Repayment of borrowings(345.9)(448.7)
Dividends paid to equity holders of the company8(267.0)(263.1)(267.0)(263.1)
Exercise of share options – purchase of shares(3.4)(2.4)(3.4)(2.4)
Net cash generated from/(used in) financing activities184.722.0(246.0)(242.5)
Net increase/(decrease) in cash and cash equivalents277.138.20.1(0.1)
Cash and cash equivalents at beginning of the year220.3182.1(0.6)(0.5)
Cash and cash equivalents at end of the year15497.4220.3(0.5)(0.6)