Experian 2014 Annual Report Download - page 113

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109
Financial statements • Group cash flow statement
Group cash flow statement
for the year ended 31 March 2014
Notes 2014
US$m
2013
US$m
Cash flows from operating activities
Cash generated from operations 39(a) 1,641 1,602
Interest paid (95) (80)
Interest received 21 12
Dividends received from associates 1 1
Tax paid 39(d) (174) (162)
Net cash inflow from operating activities – continuing operations 1,394 1,373
Net cash inflow from operating activities – discontinued operations 17(b) 140 64
Net cash inflow from operating activities 1,534 1,437
Cash flows from investing activities
Purchase of other intangible assets (319) (345)
Purchase of property, plant and equipment (83) (115)
Sale of property, plant and equipment 8 1
Purchase of investments in associates – (8)
Purchase of other financial assets (3) –
Acquisition of subsidiaries, net of cash acquired 39(e) (1,223) (38)
Disposal of subsidiaries – continuing operations 25 5
Disposal of subsidiaries – discontinued operations 42(b) 5 (8)
Net cash flows used in investing activities (1,590) (508)
Cash flows from financing activities
Employee share incentive plans:
– proceeds from issue of ordinary shares 39(f) 13 9
– net cash (outflow)/inflow on vesting of share awards and exercise of share options 39(f) (55) 61
– purchase of own shares by employee trusts 39(f) (126) (250)
– other payments (7) (4)
Purchase of own shares held as treasury shares 39(f) (203) –
Payments to acquire non-controlling interests 39(g) (19) (1,507)
New borrowings 1,911 1,135
Repayment of borrowings (1,139) (12)
Capital element of finance lease rental payments (5) (1)
Net receipts on derivative financial instruments held to manage currency profile 43 –
Net receipts from equity swaps 5 –
Dividends paid (355) (376)
Net cash flows from/(used in) financing activities 63 (945)
Net increase/(decrease) in cash and cash equivalents 7 (16)
Cash and cash equivalents at 1 April 226 254
Exchange and other movements on cash and cash equivalents (25) (12)
Cash and cash equivalents at 31 March 39(h) 208 226