Experian 2014 Annual Report Download - page 161

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Financial statements • Notes to the Group financial statements 157
(c) Reconciliation of cash outflow in respect of restructuring programme
2014
US$m
2013
US$m
Charge for restructuring costs 68 54
Working capital movements 4 (14)
Asset write-offs (7) (13)
Cash outflow in respect of restructuring programme 65 27
(d) Cash outflow in respect of tax
2014
US$m
2013
US$m
Tax paid – continuing operations 174 162
Tax received – discontinued operations (note 17):
Tax received on income – (2)
Tax recovery on disposal transaction (144) (85)
Tax received in respect of discontinued operations (144) (87)
Cash outflow in respect of tax 30 75
(e) Cash flows on acquisitions (non-GAAP measure)
2014
US$m
2013
US$m
Purchase of subsidiaries (note 40) 1,235 23
Net cash acquired with subsidiaries (13) –
Deferred consideration settled 1 15
As reported in the Group cash flow statement 1,223 38
Acquisition expenses paid 8 4
Payments to acquire non-controlling interests (note 39(g)) 19 1,507
Cash outflow for acquisitions (non-GAAP measure) 1,250 1,549
(f) Cash outflow in respect of net share purchases (non-GAAP measure)
2014
US$m
2013
US$m
Issue of ordinary shares (13) (9)
Net cash outflow/(inflow) on vesting of share awards and exercise of share options 55 (61)
Purchase of own shares by employee trusts – for employee share incentive plans 126 250
Purchase of own shares held as treasury shares 203 –
Cash outflow in respect of net share purchases (non-GAAP measure) 371 180
(g) Payments to acquire non-controlling interests
2014
US$m
2013
US$m
Payment to shareholders in Serasa for purchase of additional interest 5 1,487
Related expenses 1 13
Payments to acquire additional interest in Serasa 6 1,500
Other payments 13 7
Payments to acquire non-controlling interests 19 1,507
(h) Analysis of cash and cash equivalents
2014
US$m
2013
US$m
Cash and cash equivalents in the Group balance sheet 212 229
Bank overdrafts (4) (3)
Cash and cash equivalents in the Group cash flow statement 208 226