Barclays 2006 Annual Report Download - page 171

Barclays PLC
Annual Report 2006 167
Financial statements
3
Statement of recognised income and expense
For the year ended 31st December
2006 2005 2004
£m £m £m
Profit after tax 1,964 2,012 2,138
Total recognised income and expense for the year 1,964 2,012 2,138
Attributable to:
Equity holders of the parent 1,964 2,012 2,138
Cash flow statement
For the year ended 31st December
2006 2005 2004
£m £m £m
Reconciliation of profit before tax to net cash flows from operating activities:
Profit before tax 1,964 2,012 2,138
Changes in operating assets and liabilities:
(Increase)/decrease in other assets (13) (1) 1
Increase/(decrease) in other liabilities –1 (1)
Net cash from operating activities 1,951 2,012 2,138
Purchase of shares in Barclays Bank PLC (179) (135) (114)
Net cash used in investing activities (179) (135) (114)
Proceeds from issue of shares 179 135 114
Dividends paid (1,814) (1,612) (1,413)
Repurchase of ordinary shares –– (699)
Net cash used in financing activities (1,635) (1,477) (1,998)
Net increase in cash and cash equivalents 137 400 26
Cash and cash equivalents at beginning of year 438 38 12
Cash and cash equivalents at end of year 575 438 38
Cash and cash equivalents comprise:
Cash and balances at central banks 575 438 38
Net cash from operating activities includes:
Dividends received 1,964 2,012 2,138
Interest received 443
The parent company’s sole activity is to hold the investment in its wholly-owned subsidiary, Barclays Bank PLC.
Dividends received are treated as operating income.
The accompanying notes form an integral part of the accounts.