Notes to the financial statements
28 Analysis of cash flows given in the cash flow statement
Cash flows from operating activities
|
52 weeks
ended
28 March
2009
£m |
52 weeks
ended
29 March
2008
£m |
| Profit on ordinary activities after taxation |
506.8 |
821.0 |
| Income tax expense |
199.4 |
308.1 |
| Interest payable and similar charges |
214.5 |
146.6 |
| Interest receivable |
(50.0) |
(64.4) |
| Operating profit |
870.7 |
1,211.3 |
| Increase in inventories |
(46.0) |
(54.4) |
| Decrease/(increase) in receivables |
55.0 |
(33.5) |
| Payments to acquire leasehold properties |
(14.1) |
(47.6) |
| Increase/(decrease) in payables |
212.2 |
(61.9) |
| Exceptional operating cash outflow |
(27.4) |
(2.5) |
| Depreciation and amortisation |
409.0 |
317.6 |
| Share-based payments |
14.3 |
29.0 |
| Profit on property disposals |
(6.4) |
(27.0) |
| Exceptional costs |
135.9 |
– |
| Exceptional pension credit |
(231.3) |
(95.0) |
| Cash generated from operations |
1,371.9 |
1,236.0 |
Exceptional operating cash outflows related to UK restructuring costs £26.9m (last year £2.2m) and the closure of European operations £0.5m (last year £0.3m).