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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Operating activities      
Profit / (loss) before tax from continuing operations $ 908 $ (82) [1],[2] $ 1,044 [1],[2]
Non-cash adjustments to reconcile profit before tax to net cash flows      
Depreciation, amortization and impairment loss / (reversal) 1,873 2,526 [1] 1,953 [1]
(Gain) / loss on disposal of non-current assets 17 36 [1] 44 [1]
(Gain) / loss on disposal of subsidiaries (101) 78 [1] (1) [1]
Finance costs 690 673 [1] 876 [1]
Finance income (16) (23) [1] (52) [1]
Other non-operating (gain) / loss (34) (111) [1] (21) [1]
Net foreign exchange (gain) / loss (4) 54 [1],[2] 18 [1],[2]
Changes in trade and other receivables and prepayments (259) (17) [1] (158) [1]
Changes in inventories (7) 39 [1] (28) [1]
Changes in trade and other payables 202 38 [1] (13) [1]
Changes in provisions, pensions and other (1) (35) [1] 97 [1]
Interest paid (619) (640) [1] (708) [1]
Interest received 16 23 [1] 58 [1]
Income tax paid (289) (328) [1] (466) [1]
Net cash flows from operating activities from continuing operations 2,376 2,231 [1] 2,643 [1]
Net cash flows from operating activities from discontinued operations 263 212 [1] 305 [1]
Investing activities      
Purchase of property, plant and equipment and intangible assets (1,796) (1,677) [1] (1,582) [1]
Receipts from / (Payments) on deposits (58) (72) [1] (222) [1]
Receipts from / (Investments in) financial assets [3] (78) (45) [1] (11) [1]
Proceeds from sales of share in subsidiaries, net of cash 861 36 [1] 0 [1]
Other proceeds from investing activities, net 4 (6) [1] 26 [1]
Cash flows from (used in) investing activities, continuing operations (1,067) (1,764) [1] (1,789) [1]
Net cash flows from / (used in) investing activities from discontinued operations (114) (102) [1] (84) [1]
Financing activities      
Proceeds from borrowings, net of fees paid [4] 2,090 4,621 [1] 2,610 [1]
Repayment of debt (2,466) (4,351) [1] (2,891) [1]
Acquisition of non-controlling interest (281) (1) [1] (613) [1]
Dividends paid to owners of the parent 0 (259) [1] (520) [1]
Dividends paid to non-controlling interests (19) (43) [1] (69) [1]
Net cash flows from / (used in) financing activities from continuing operations (676) (33) [1] (1,483) [1]
Cash flows from (used in) financing activities, discontinued operations (68) (70) [1] (156) [1]
Net increase / (decrease) in cash and cash equivalents 714 474 [1] (564) [1]
Net foreign exchange difference (23) (51) [1] (8) [1]
Cash and cash equivalents classified as discontinued operations/held for sale at the end of period (113) 0 [1] 0 [1]
Cash and cash equivalents at beginning of period [1],[3] 1,661 [5] 1,238 [5] 1,810
Cash and cash equivalents at end of period [5] $ 2,239 $ 1,661 [1],[3] $ 1,238 [1],[3]
[1] * Prior year comparatives for the years ended December 31, 2020 and 2019 are adjusted following the classification of Algeria as a discontinued operation (see note 10)
[2] *Prior year comparatives for the years ended December 31, 2020 and 2019 are adjusted following the classification of Algeria as a discontinued operation (see Note 10)
[3] **** Certain comparative amounts have been reclassified ,refer to Note 24 for further details.
[4] Fees paid for borrowings were US$32 (2020: US$29, 2019: US$23)
[5] Overdrawn amount was US$13 (2020: US$8)