Marks and Spencer 1999 Annual Report Download - page 24

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ANNUAL REPORT AND FIN ANCIAL STATEMENTS 1999
22
CASH FLOW STATEMENT
2000 1999
As restated
N otes £m £m £m £m
OPERATING ACTIVITIES
Received from customers 7,884.1
Payments to suppliers (5,464.2)
Payments to and on behalf of employees (1,153.9)
O ther payments (793.1)
Cash inflow from operating activities before exceptional items 472.9
Exceptional operating cash (outflow)/inflow 29A (0.6)
CASH INFLOW FROM OPERATING ACTIVITIES 28 472.3
RETURNS ON INVESTMENTS AN D SERVICING OF FINANCE 29B 29.0
TAXATION 29C (345.9)
CAPITAL EXPENDITURE AN D FINANCIAL INVESTMEN T 29D (628.1)
ACQUISITION S AN D DISPOSALS 29E 1.0
EQUITY DIVIDENDS PAID (412.6)
Cash outflow before management of liquid resources
and financing (884.3)
MANAGEMENT OF LIQUID RESOURCES AND FINAN CING
Management of liquid resources 29F 180.6
Financing 29G 505.0
685.6
(DECREASE)/INCREASE IN CASH (198.7)
RECONCILIATION OF NET CASH FLOW TO MOVEMEN T IN NET DEBT (see note 30)
1999 1998
£m £m
(DECREASE)/INCREASE IN CASH (198.7)
Cash inflow from decrease in liquid resources (180.6)
Cash inflow from increase in debt financing (482.8)
Exchange movements (0.2)
MOVEMENT IN NET DEBT (862.3)
N et (debt)/funds at 1 April (319.3)
NET DEBT AT 31 MARCH (1,181.6)
CO N SO LIDATED CASH FLO W IN FO RMATIO N
FO R THE YEAR EN D ED 31 MARCH 2000