Vodafone 2001 Annual Report Download - page 29

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Vodafone Group Plc
Annual Report & Accounts
for the year ended
31 March 2001
27
CONSOLIDATED CASH FLOW for the year ended 31 March 2001
2001 2000
Note £m £m
Net cash in flow from op eratin g activities 26 4,587 2,510
Dividends received from join t ven tures
an d associated un dertakin gs 353 236
Net cash outflow for return s on in vestm en ts
an d servicin g of fin an ce 26 (47) (406)
Taxation (1,585) (325)
Net cash outflow for capital exp en diture
an d fin an cial investmen t 26 (19,011) (756)
Net cash in flow/(outflow) from acquisition s
an d disposals 26 30,653 (4,756)
Equity dividends p aid (773) (221)
–––––––– ––––––––
Cash in flow/(outflow) before m an agem ent of
liquid resou rces an d fin ancin g 14,177 (3,718)
Man agem ent of liquid resources
Short term deposits (7,541) (33)
Net cash (outflow)/in flow from fin an cin g
Issue of ordinary share capital 65 362
Issue of shares to minorities 44 37
Capital element of finance lease payments (9) –
Debt due within one year:
(Decrease)/increase in short term debt (407) 598
Repayment of debt acquired (7,181) (449)
Issue of new bonds 2,823 –
Debt due after one year:
Increase/(decrease) in bank loans 46 (550)
Repayment of debt acquired (2,072) (377)
Issue of new bonds –4,246
–––––––– ––––––––
Net cash (outflow)/in flow from fin an cin g (6,691) 3,867
–––––––– ––––––––
(Decrease)/in crease in cash in th e year (55) 116
–––––––– ––––––––
Recon ciliation of n et cash flow to m ovem ent
in net debt
(Decrease)/increase in cash in the year (55) 116
Cash outflow/(inflow) from decrease/(increase) in debt 6,800 (3,468)
Cash outflow from increase in liquid resources 7,541 33
–––––––– ––––––––
Decrease/(increase) in net debt resulting from cash flows 14,286 (3,319)
Debt acquired on acquisition of subsidiary undertakings (13,726) (2,133)
Translation difference (629) 316
Other movements (10) 1
–––––––– ––––––––
Increase in net debt in the year (79) (5,135)
Opening net debt (6,643) (1,508)
–––––––– ––––––––
Closin g n et debt 27 (6,722) (6,643)
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