Marks and Spencer 2005 Annual Report Download - page 61

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MARKS AND SPENCER GROUP PLC 59
2005 2004 2003 2002 2001
52 weeks 53 weeks 52 weeks 52 weeks 52 weeks
£m £m £m £m £m
Balance sheet
Intangible fixed assets 122.4 ––––
Tangible fixed assets 3,316.1 3,497.6 3,435.1 3,381.2 4,118.9
Fixed asset investments 9.0 10.0 29.7 50.3 58.3
Current assets 837.5 3,869.5 3,246.3 3,760.7 3,516.2
Total assets 4,285.0 7,377.1 6,711.1 7,192.2 7,693.4
Creditors: amounts falling due within one year (1,289.3) (1,884.7) (1,710.9) (1,750.8) (1,981.6)
Total assets less current liabilities 2,995.7 5,492.4 5,000.2 5,441.4 5,711.8
Creditors: amounts falling due after more than one year (1,919.7) (2,519.6) (1,810.0) (2,156.3) (735.1)
Provisions for liabilities and charges (80.4) (49.3) (186.1) (203.8) (395.3)
Net post-retirement liability (474.2) (469.5) (895.8) – –
Net assets 521.4 2,454.0 2,108.3 3,081.3 4,581.4
2005 2004 2003 2002 2001
52 weeks 53 weeks 52 weeks 52 weeks 52 weeks
£m £m £m £m £m
Cash flow
Net cash inflow from operating activities 1,575.4 666.5 1,168.7 1,093.7 676.4
Dividends received from joint venture –– 8.0 – –
Returns on investments and servicing of finance (101.6) (49.8) (46.2) 36.8 12.6
Taxation (166.7) (220.4) (216.9) (179.4) (164.6)
Capital expenditure and financial investment (113.6) (293.9) (294.4) 176.0 (258.2)
Acquisitions and disposals 363.8 51.3 (38.8) 261.6 5.9
Equity dividends paid (236.9) (247.1) (225.4) (256.7) (258.6)
Cash inflow/(outflow) before management of liquid
resources and financing 1,320.4 (93.4) 355.0 1,132.0 13.5
Management of liquid resources 66.7 (89.0) (46.9) (29.1) 263.7
Financing (1,507.5) 347.0 (712.3) (730.2) (265.4)
(Decrease)/increase in cash (120.4) 164.6 (404.2) 372.7 11.8
Increase/(decrease) in net debt defined by FRS 1 104.3 163.3 (75.6) 629.2 26.4