|
|
Note
|
1997
US$m
|
1996
US$m
|
|
|
Operating activities
|
|
Operating profit
|
|
117.0
|
97.9
|
|
Depreciation and amortisation
|
|
142.7
|
130.8
|
|
Other non-cash items
|
19a
|
9.5
|
20.8
|
|
Decrease in working capital
|
19b
|
156.3
|
18.4
|
|
Net interest expense
|
|
(13.5)
|
(16.4)
|
|
Net tax (paid)/recovered
|
|
(19.5)
|
1.0
|
| |
|
392.5
|
252.5
|
|
Dividends from associates
|
|
40.0
|
37.4
|
|
Cash inflow from operating activities
|
|
432.5
|
289.9
|
|
|
|
|
|
Investing activities
|
|
Purchase of tangible assets
|
|
(214.2)
|
(244.0)
|
|
Purchase of subsidiaries
|
|
(0.2)
|
(1.6)
|
|
Purchase of associates and other investments
|
19c
|
(19.5)
|
(3.8)
|
|
Loans to associates
|
|
(0.9)
|
(11.6)
|
|
Sale of tangible assets
|
|
8.8
|
10.0
|
|
Sale of subsidiaries
|
|
3.5
|
--
|
|
Sale of associates
|
19d
|
39.9
|
4.3
|
|
Cash outflow from investing activities
|
|
(182.6)
|
(246.7)
|
|
|
|
|
|
Financing activities
|
|
Capital contribution from minority Shareholders
|
|
6.1
|
5.8
|
|
Exercise of share options
|
|
1.8
|
--
|
|
Net (decrease)/increase in term loans
|
|
(84.4)
|
297.9
|
|
Dividends paid by the Company
|
|
(69.2)
|
(91.8)
|
|
Dividends paid to minority Shareholders
|
|
(1.2)
|
(1.0)
|
|
Cash (outflow)/inflow from financing activities
|
|
(146.9)
|
210.9
|
|
Effect of exchange rate changes on cash and cash equivalents
|
|
0.8
|
(5.6)
|
|
|
Net increase in cash and cash equivalents
|
|
103.8
|
248.5
|
|
Cash and cash equivalents at beginning of year
|
|
418.6
|
170.1
|
|
|
Cash and cash equivalents at end of year
|
19e
|
522.4
|
418.6
|
| |
 |
|
|
|
|