Tesco 2015 Annual Report Download - page 89

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53 weeks ended 28 February 2015 Notes
53 weeks
2015
£m
52 weeks
2014
£m
Cash flows from operating activities
Cash generated from operations 29 1,467 4,316
Interest paid (613) (496)
Corporation tax paid (370) (635)
Net cash generated from operating activities 484 3,185
Cash flows from investing activities
Acquisition/disposal of subsidiaries, net of cash acquired/disposed 31 (243) (13)
Proceeds from sale of property, plant and equipment, investment property, intangible assets and non-current assets
classified as held for sale 244 570
Purchase of property, plant and equipment, investment property and non-current assets
classified as held for sale (1,989) (2,489)
Purchase of intangible assets (329) (392)
Net repayment of loans by joint ventures and associates 21 61
Investments in joint ventures and associates (382) (12)
Net proceeds from sale of/(investments in) short-term investments 423 (494)
Net proceeds from sale of/(investments in) other investments 48 (268)
Dividends received from joint ventures and associates 88 62
Interest received 104 121
Net cash used in investing activities (2,015) (2,854)
Cash flows from financing activities
Proceeds from issue of ordinary share capital 27 15 62
Increase in borrowings 4,883 3,104
Repayment of borrowings (3,185) (1,912)
Repayment of obligations under finance leases (3) (9)
Rights issue to non-controlling interests 18 –
Dividends paid to equity owners 8(914) (1,189)
Net cash from financing activities 814 56
Net (decrease)/increase in cash and cash equivalents ( 717) 387
Cash and cash equivalents at beginning of the year 2,813 2,531
Effect of foreign exchange rate changes 78 (105)
Cash and cash equivalents including cash held in disposal groups at the end of the year 2,174 2,813
Cash held in disposal groups 7(9) (307)
Cash and cash equivalents at the end of the year 18 2,165 2,506
The notes on pages 88 to 138 form part of these financial statements.
87Tesco PLC Annual Report and Financial Statements 2015
Other informationGovernance Financial statementsStrategic report
Group cash flow statement