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Consolidated Statement of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
OPERATING ACTIVITIES      
Profit of the period $ 5,691 $ 9,183 $ 2,769
Depreciation, amortization and impairment 4,260 4,276 3,477
Impairment losses on receivables, inventories and other assets 115 130 110
Additions/(reversals) in provisions and employee benefits 505 178 293
Net finance cost/(income) 8,729 6,507 8,564
Loss/(gain) on sale of property, plant and equipment and intangible assets (82) (117) (4)
Loss/(gain) on sale of subsidiaries, associates and assets held for sale (20) (47) (410)
Equity-settled share-based payment expense 337 351 231
Income tax expense 2,839 1,920 1,613
Other non-cash items included in profit (660) (284) (286)
Share of result of associates and joint ventures (153) (430) (16)
Cash flow from operating activities before changes in working capital and use of provisions 21,561 21,667 16,341
Decrease/(increase) in trade and other receivables (38) 67 (714)
Decrease/(increase) in inventories (603) (213) (364)
Increase/(decrease) in trade and other payables 1,153 365 1,251
Pension contributions and use of provisions (488) (616) (470)
Cash generated from operations 21,585 21,270 16,044
Interest paid (4,445) (4,652) (3,279)
Interest received 428 811 558
Dividends received 141 142 43
Income tax paid (3,047) (2,141) (3,256)
CASH FLOW FROM OPERATING ACTIVITIES 14,663 15,430 10,110
INVESTING ACTIVITIES      
Acquisition of property, plant and equipment and of intangible assets (5,086) (4,741) (4,979)
Proceeds from sale of property, plant and equipment and of intangible assets 437 617 211
Acquisition of SAB, net of cash acquired     (65,166)
Proceeds from SAB transaction-related divestitures (330) 11,697 16,342
Taxes on SAB transaction-related divestitures (100) (3,449) 16,342
Acquisition of subsidiaries, net of cash acquired (112) (598) (1,445)
Sale of subsidiaries, net of cash disposed of 257 42 653
Net proceeds from sale/(acquisition) of investment in short-term debt securities 1,296 4,337 (5,583)
Net proceeds from sale/(acquisition) of other assets (172) (264) 119
Net repayments/(payments) of loans granted (156) 213 (229)
CASH FLOW FROM INVESTING ACTIVITIES (3,965) 7,854 (60,077)
FINANCING ACTIVITIES      
Purchase of non-controlling interest (923) (206) (10)
Proceeds from borrowings 17,782 13,352 86,292
Payments on borrowings (22,489) (23,333) (23,617)
Cash net finance (cost)/income other than interests (554) (1,542) (3,484)
Dividends paid (7,761) (9,275) (8,450)
CASH FLOW FROM FINANCING ACTIVITIES (13,945) (21,004) 50,731
Net increase/(decrease) in cash and cash equivalents (3,247) 2,280 764
Cash and cash equivalents less bank overdrafts at beginning of year 10,356 8,395 6,910
Effect of exchange rate fluctuations (148) (319) 721
Cash and cash equivalents less bank overdrafts at end of period $ 6,960 $ 10,356 $ 8,395