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Statement of Cash Flows - USD ($)
$ in Millions
6 Months Ended 12 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Dec. 31, 2018
Cash flows from operating activities      
Receipts from customers $ 1,811 $ 1,981 $ 3,947
Payments to suppliers and employees (1,433) (1,613) (3,015)
Cash generated from operations 378 368 932
Dividends received from joint ventures 33 49 91
Taxation refund 7 0 5
Taxation paid (75) (96) (171)
Net cash inflow (outflow) from operating activities 343 321 857
Cash flows from investing activities      
Capital expenditure (293) (293) (652)
Dividends from other investments 0 0 2
Proceeds from disposal of tangible assets 2 310 313
Other investments acquired (28) (54) (81)
Proceeds from disposal of other investments 31 76 98
Investments in associates and joint ventures (2) (5) (8)
Loans advanced to associates and joint ventures (3) (3) (5)
Loans repaid by associates and joint ventures 6 0 22
Cash payment to settle the sale of environmental trust fund 0 (32) (32)
Decrease (increase) in cash restricted for use 12 9 (4)
Interest received 8 7 12
Net cash inflow (outflow) from investing activities (267) 15 (335)
Cash flows from financing activities      
Proceeds from borrowings 154 283 753
Repayment of borrowings (82) (500) (967)
Repayment of lease liabilities (20) 0 0
Finance costs paid (68) (66) (130)
Lease finance costs paid 5 0 0
Bond settlement premium, RCF and bond transaction costs 0 0 (10)
Dividends paid (43) (39) (39)
Net cash inflow (outflow) from financing activities (64) (322) (393)
Net increase (decrease) in cash and cash equivalents 12 14 129
Translation 1 (4) (5)
Cash and cash equivalents at beginning of period 329 205 205
Cash and cash equivalents at end of period $ 342 $ 215 $ 329