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Statement of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities      
Receipts from customers $ 3,947 $ 4,534 $ 4,231
Payments to suppliers and employees (3,015) (3,383) (2,929)
Cash generated from operations 932 1,151 1,302
Dividends received from joint ventures 91 6 37
Taxation refund 5 14 12
Taxation paid (171) (174) (165)
Net cash inflow (outflow) from operating activities 857 997 1,186
Cash flows from investing activities      
Capital expenditure (652) (829) (706)
Proceeds from disposal of assets 313 7 4
Dividends from other investments 2 0 0
Other investments acquired (81) (91) (73)
Proceeds from disposal of other investments 98 78 61
Investments in associates and joint ventures (8) (27) (11)
Proceeds from disposal of associates and joint ventures 0 0 10
Loans advanced to associates and joint ventures (5) (6) (4)
Loans repaid by associates and joint ventures 22 0 0
Cash payment to settle the sale of environmental trust fund (32) 0 0
Decrease (increase) in cash restricted for use (4) (8) 8
Interest received 12 15 14
Net cash inflow (outflow) from investing activities (335) (862) (702)
Cash flows from financing activities      
Proceeds from borrowings 753 815 787
Repayment of borrowings (967) (767) (1,333)
Finance costs paid (130) (138) (172)
Bond settlement premium, RCF and bond transaction costs (10) 0 (30)
Dividends paid (39) (58) (15)
Net cash inflow (outflow) from financing activities (393) (148) (763)
Net increase (decrease) in cash and cash equivalents 129 (13) (279)
Translation (5) 3 10
Cash and cash equivalents at beginning of year 205 215 484
Cash and cash equivalents at end of year 329 205 215
Project capital      
Cash flows from investing activities      
Capital expenditure (176) (156) (93)
Stay-in-business capital [Member]      
Cash flows from investing activities      
Capital expenditure $ (476) $ (674) $ (618)