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Statement of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities      
Receipts from customers $ 3,535 $ 3,339 $ 3,418
Payments to suppliers and employees (2,433) (2,408) (2,351)
Cash generated from operations 1,102 931 1,067
Dividends received from joint ventures 77 91 6
Taxation refund 7 5 14
Taxation paid (228) (171) (174)
Net cash inflow (outflow) from operating activities from continuing operations 958 856 913
Net cash inflow (outflow) from operating activities from discontinued operations 89 1 84
Net cash inflow (outflow) from operating activities 1,047 857 997
Cash flows from investing activities      
Capital expenditure (703) (575) (675)
Interest capitalised and paid (6) 0 0
Dividends from other investments 0 2 0
Proceeds from disposal of tangible assets 3 10 3
Other investments acquired (9) (13) (8)
Proceeds from disposal of other investments 3 7 3
Investments in associates and joint ventures (5) (8) (27)
Loans advanced to associates and joint ventures (3) (5) (6)
Loans repaid by associates and joint ventures 23 22 0
Decrease (increase) in cash restricted for use 0 (6) (8)
Interest received 14 5 7
Net cash inflow (outflow) from investing activities from continuing operations (683) (561) (711)
Net cash inflow (outflow) from investing activities from discontinued operations (54) 226 (151)
Cash in subsidiaries sold and transferred to held for sale (6) 0 0
Net cash inflow (outflow) from investing activities (743) (335) (862)
Cash flows from financing activities      
Proceeds from borrowings 168 753 815
Repayment of borrowings (123) (967) (767)
Repayment of lease liabilities (42)    
Finance costs - borrowings (128) (130) (138)
Finance costs - leases (9)    
Bond settlement premium, RCF and bond transaction costs 0 (10) 0
Dividends paid (43) (39) (58)
Net cash inflow (outflow) from financing activities from continuing operations (177) (393) (148)
Net cash inflow (outflow) from financing activities from discontinued operations 0 0 0
Net cash inflow (outflow) from financing activities (177) (393) (148)
Net increase (decrease) in cash and cash equivalents 127 129 (13)
Translation 0 (5) 3
Cash and cash equivalents at beginning of year 329 205 215
Cash and cash equivalents at end of year 456 329 205
Project capital      
Cash flows from investing activities      
Capital expenditure (336) (170) (132)
Stay-in-business capital      
Cash flows from investing activities      
Capital expenditure $ (367) $ (405) $ (543)