Consolidated Cash Flow

	Notes	2007 £m	Restated* 2006 £m
Reconciliation of cash flows from operating activities
Profit before taxation		733	1,391
Share of profit of joint ventures	10	(66)	(47)
Loss/(profit) on sale or termination of businesses	25	2	(1)
Loss/(profit) on sale of property, plant and equipment		1	(9)
Net interest payable	4	6	18
Net post-retirement scheme financing	4	(30)	(3)
Net other financing	4	(197)	(713)
Taxation paid		(71)	(25)
Taxation paid	9	60	59
Amortisation of intangible assets	8	63	60
Depreciation of property, plant and equipment	9	170	161
Decrease in provisions		(42)	(36)
Increase in inventories		(359)	(226)
Increase in trade and other receivables		(128)	(397)
Increase in trade and other payables		778	879
Decrease in other financial assets and liabilities		357	250
Additional cash funding of post-retirement schemes		(441)	(21)
Share-based payments charge	21	36	36
Transfers of hedge reserves to income statement	16	(149)	(289)
Dividends received from joint ventures	10	42	44
Net cash inflow from operating activities		705	1,072

Cash flows from investing activities
Additions of unlisted investments		(5)	—
Additions to intangible assets		(294)	(219)

Disposals of intangible assets		—	7
Purchases of property, plant and equipment		(304)	(298)
Disposals of property, plant and equipment		47	55
Acquisition of businesses	25	(6)	(5)
Disposals of businesses	25	3	1
Investments in joint ventures		(13)	(11)
Disposals of joint ventures		—	1
Net cash outflow from investing activities		(572)	(469)

Cash flows from financing activities
Borrowings due within one year – repayment of loans		(350)	(53)

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