BT 2007 Annual Report Download - page 153

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152 BT Group plc Annual Report & Form 20-F
Summary of group cash flow statement – IFRS
Year ended 31 March
2007
£m
2006
£m
2005
£m
Net cash inflow from operating activities 5,210 5,387 5,574
Net cash (outflow) inflow from investing activities (3,035) 365 (1,740)
Net cash used in financing activities (2,898) (5,278) (3,529)
Effect of exchange rate changes on cash and cash equivalents (37) ––
Net (decrease) increase in cash and cash equivalents (760) 474 305
Cash and cash equivalents at the start of the year 1,784 1,310 1,005
Cash and cash equivalents at the end of the year 1,024 1,784 1,310
Summary of group cash flow statement – UK GAAP
Year ended 31 March
2005
£m
2004
£m
2003
£m
Net cash flow from operating activities 5,898 5,389 6,023
Dividends from associates and joint ventures 2 3 6
Returns on investments and servicing of finance (878) (527) (1,506)
Taxation paid (332) (317) (434)
Capital expenditure and financial investment (2,408) (2,477) (2,381)
Acquisitions and disposals (418) (60) 2,842
Equity dividends paid (784) (645) (367)
Cash inflow before management of liquid resources and financing 1,080 1,366 4,183
Management of liquid resources 587 1,123 (1,729)
Financing (1,485) (2,445) (2,473)
Increase (decrease) in cash in the year 182 44 (19)
Decrease in net debt in the year resulting from cash flows 887 1,222 4,225
Summary of group balance sheet – IFRS
At 31 March
2007
£m
2006
£m
2005
£m
Intangible assets 2,584 1,908 1,379
Property, plant and equipment 14,997 15,222 15,266
Other non current assets 759 1,153 1,567
18,340 18,283 18,212
Current assets less current liabilities (3,802) (3,063) (2,783)
Total assets less current liabilities 14,538 15,220 15,429
Non current loans and other borrowings (6,387) (7,995) (7,744)
Retirement benefit obligations (389) (2,547) (4,807)
Other non current liabilities (3,490) (3,071) (2,783)
Total assets less liabilities 4,272 1,607 95
Called up share capital 432 432 432
Share premium account 31 73
Capital redemption reserve 222
Other reserves 88 364 762
Retained earnings (deficit) 3,685 750 (1,154)
Total parent shareholders’ equity 4,238 1,555 45
Minority interests 34 52 50
Total equity 4,272 1,607 95
Financial statements
Selected financial data