Tesco 2015 Annual Report Download - page 106

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Note 7 Discontinued operations and non-current assets classified as held for sale continued
Balance Sheet
US
2015
£m
US
2014
£m
China
2014
£m
Total
2014
£m
Assets of the disposal groups
Goodwill and other intangible assets ––100 100
Property, plant and equipment –30 1,145 1,175
Investments in joint ventures and associates ––162 162
Inventories ––138 138
Trade and other receivables ––278 278
Cash and cash equivalents 948 259 307
Total assets of the disposal groups 978 2,082 2,160
Liabilities of the disposal groups
Trade and other payables (5) (33) (864) (897)
Borrowings ––(283) (283)
Other current liabilities –(13) –(13)
Total liabilities of the disposal groups (5) (46) (1,147) (1,193)
Total net assets of the disposal groups 432 935 967
Cash flow statement
US China Total
2015
£m
2014
£m
2015
£m
2014
£m
2015
£m
2014
£m
Net cash flows from operating activities (27) (106) (166) (66) (193) (172)
Net cash flows from investing activities 31 (1) (35) (290) (4) (291)
Net cash flows from financing activities –(7) 66 159 66 152
Net cash flows from discontinued operations 4(114) (135) (197) (131) (311)
Intra-Group funding and intercompany transactions (45) 146 29 217 (16) 363
Net cash flows from discontinued operations, net of intercompany (41) 32 (106) 20 (147) 52
Net cash flows from disposal of subsidiary ––(148) –(148) –
Net cash flows from discontinued operations, net of intercompany and disposal
of subsidiary (41) 32 (254) 20 (295) 52
Note 8 Dividends
2015 2014
Pence/share £m Pence/share £m
Amounts recognised as distributions to owners in the financial year:
Prior financial year final dividend 10.13 819 10.13 815
Current financial year interim dividend 1.16 95 4.63 374
Dividends paid to equity owners in the financial year 11. 29 914 14.76 1,189
Current financial year proposed final dividend – – 10.13 819
As announced by the Company on 8 January 2015, the Board of Directors has decided not to recommend the payment of a final dividend in respect of the
financial year ended 28 February 2015.
104 Tesco PLC Annual Report and Financial Statements 2015
Notes to the Group financial statements continued