Experian 2009 Annual Report Download - page 135

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133Experian Annual Report 2009
Introduction
2 – 7
Business review
8 – 43
Governance
44 – 72
Financial statements
Group nancial statements
32. Notes to the Group cash ow statement (continued)
2009 2008
(Restated)
(Note 2)
US$m US$m
(h) Analysis of cash and cash equivalents
Cash at bank and in hand 127 148
Short-term investments 2 3
Cash and cash equivalents in Group balance sheet 129 151
Bank overdrafts (2) (4)
Cash and cash equivalents in Group cash ow statement 127 147
Cash and cash equivalents held by:
Continuing operations 127 145
Discontinued operations – 2
Cash and cash equivalents in Group cash ow statement 127 147
(i) Cash outow in respect of exceptional items
Total exceptional items (note 8) 117 55
Working capital movements 8 (9)
Asset write-offs (15) (12)
(Losses)/gains in respect of associates (5) 3
Loss on disposal of subsidiaries (3) –
Cash outow in respect of exceptional items 102 37
(j) Reconciliation of cash generated from operations to
operating cash ow (non-GAAP measure)
Cash generated from operations (note 32(a)) 1,102 1,134
Purchase of property, plant and equipment (75) (99)
Purchase of other intangible assets (note 32(d)) (230) (222)
Dividends received from associates 28 36
Net cash outow from exceptional items (note 32(i)) 102 37
Operating cash ow 927 886
(k) Major non-cash transactions
The Group did not enter into any new nance lease arrangements during the year (2008: US$nil). Finance lease obligations of
Serasa at the date of acquisition in June 2007 were US$19m.