Twenty-First Century Fox 2002 Annual Report Download - page 58

Download and view the complete annual report

Please find page 58 of the 2002 Twenty-First Century Fox annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 75

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75

Operating activity
Net loss attributable to members of the parent entity (11,962) (746)
Adjustment for non-cash and non-operating activities:
Associated entity earnings, net of dividends 388 242
Depreciation and amortisation 749 706
Provisions 378 188
Other items, net 13,179 1,342
Change in accounting policy after tax 686
Change in assets and liabilities:
Receivables (51) (410)
Inventories 515 (889)
Payables (118) (199)
Cash provided by operating activity 3,078 920
Investing and other activity
Property, plant and equipment (505) (1,113)
Investments (3,379) (3,053)
Proceeds from sale of non-current assets 4,284 2,387
Cash provided (used) by investing activity 400 (1,779)
Financing activity
Issuance of debt 1,496
Repayment of debt (2,181) (63)
Issuance of shares 133 56
Repurchase of preferred shares (91)
Dividends paid (278) (205)
Leasing and other finance costs (7) (5)
Cash provided (used) by financing activity (2,333) 1,188
Net increase in cash 1,145 329
Opening cash balance 5,615 4,638
Exchange movement on opening cash balance (423) 648
Closing cash balance 6,337 5,615
Gross cash flows from operating activity
Cash from trading operations
Receipts 28,970 25,176
Payments (24,423) (23,120)
4,547 2,056
Dividend and distribution receipts 38 86
Interest receipts 247 302
Interest payments (1,324) (1,225)
Income tax payments (337) (209)
Dividends paid on exchangeable preferred securities (93) (90)
Cash provided by operating activity 3,078 920
For the purposes of the Statement of Cash Flows, cash includes cash at bank, on deposit and on hand.
The Statement of Cash Flows is to be read in conjunction with the accompanying notes.
57
Statement of Cash Flows
FOR THE YEAR ENDED 30 JUNE, 2002
THE NEWS CORPORATION LIMITED
Annual Report 2002
Consolidated
2002 2001
A$ million