Accessiblity Tools
CONSOLIDATED
CASH FLOW STATEMENT
Annual Report PDF
Year ended 31 December Notes 2020
£m
2019
£m
Operating loss   (831) (115)
Add back/(deduct):      
Depreciation, amortisation, write-downs and impairments of fixed assets 11a, 12a 1,137 1,210
Loss/(profit) on disposals   2 (6)
Decrease in provisions   (63) (164)
Exceptional charges reflected directly in operating profit 6a 6
Loss/(gain) arising from certain re-measurements of energy contracts 6b 254 (194)
Operating cash before movements in working capital and exceptional payments   505 731
Decrease/(increase) in inventories   17 (3)
Decrease/(increase) in trade and other receivables   45 (11)
Decrease in trade and other payables   (68) (60)
Cash generated by operations   499 657
Taxes received/(paid)   6 (110)
Payments relating to exceptional charges   (1) (3)
Operating interest received   1
Net cash from operating activities   504 545
Receipt of indemnities   13
Proceeds from the sale of assets   9 33
Sale of business   (66)
Purchase of property, plant and equipment and intangible assets   (313) (470)
Profit from sale of property, plant and equipment and intangible assets   6
Investing interest received   3
Deferred consideration (paid)/received   (9) 48
Net cash used in investing activities   (366) (380)
Financing interest and fees paid   (12) (13)
Financing interest and fees received   1
Equity dividends paid 9 (400)
Repayment of related-party borrowings 21e (14)
Capital element of finance leases 21e (25) (29)
Realised net foreign exchange loss on cash settlement of derivative contracts   (1)
Net cash used in financing activities   (51) (442)
Net increase/(decrease) in cash and cash equivalents   87 (277)
Cash and cash equivalents at 1 January   361 639
Effect of foreign exchange rate changes   (4) (1)
Cash and cash equivalents at 31 December 21e 444 361
Included in the following lines of the Consolidated Balance Sheet:      
Cash and cash equivalents   430 338
Restricted cash within cash and cash equivalents   14 23

The notes on pages 35 to 84 form part of these Consolidated financial statements.