Cash flows from investing activities
Acquisition of subsidiary (working 4) (130)
Purchase of property, plant and equipment (working 3) (265)
Proceeds from sale of property, plant and equipment 80
Interest received 110
Net cash used in investing activities –––––– (205)
Cash flows from financing activities (working 5)
Proceeds from issuing share capital 10
Proceeds from long term borrowing 15
Dividends paid including minority interest (working 6) (27)
Dividends – associate company (working 1) 6
Payment of zero dividend bond (29)
Net cash from financing activities –––––– (25)
––––
Net Decrease in cash and cash equivalents (7)
Cash and cash equivalents at beginning of period (145 + 25) 170
––––
Cash and cash equivalents at end of period (171 -8) 163
Working 1 – Dividend from Associate/Non-controlling Interest
$m $m
AC NCI
Balance at 30 November 2007 55 355
Profit/loss for year 16 11 7
Balancing figure – dividend paid 1 (6) 11(16)
–––– ––––
Balance at 3November 2008 65 346
Working 2 – Interest paid
$m
Interest paid (150)
Premium on redemption of bond 1 (46)
–––––
