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Consolidated statement of cash flows - USD ($)
$ in Millions
12 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities      
Profit for the year $ 2,538 $ 4,166 $ 4,479
Taxation 999 1,294 1,163
Share of after tax results of associates and joint ventures (193) (414) (443)
Net finance charges 771 885 712
Non-operating items 220 70 (364)
Operating profit 4,335 6,001 5,547
Increase in inventories (470) (156) (810)
(Increase)/decrease in trade and other receivables (49) (66) 142
Increase/(decrease) in trade and other payables and provisions 442 (546) (746)
Net increase in working capital (77) (768) (1,414)
Depreciation, amortisation and impairment 1,718 493 1,297
Dividends received 175 269 271
Post-employment payments less amounts included in operating profit 22 (18) (31)
Other items 37 88 74
Adjustments to reconcile profit (loss), Total 1,952 832 1,611
Cash generated from operations 6,210 6,065 5,744
Interest received 181 156 157
Interest paid (980) (1,017) (822)
Taxation paid (1,114) (1,099) (1,443)
Interest and income taxes paid (received), classified as operating activities (1,913) (1,960) (2,108)
Net cash inflow from operating activities 4,297 4,105 3,636
Cash flows from investing activities      
Disposal of property, plant and equipment and computer software 63 14 16
Purchase of property, plant and equipment and computer software (1,612) (1,510) (1,417)
Movements in loans, other investments and other financial assets (195) (47) (68)
Sale of businesses and brands 143 87 559
Acquisition of subsidiaries (35) (6) (404)
Investments in associates and joint ventures (84) (133) (112)
Net cash outflow from investing activities (1,720) (1,595) (1,426)
Cash flows from financing activities      
Share buyback programme 0 (987) (1,673)
Net sale of own shares for share schemes 15 21 36
Net sale/(purchase) of treasury shares in respect of subsidiaries 8 (10) 0
Dividends paid to non-controlling interests (138) (117) (117)
Proceeds from bonds 3,943 2,225 2,537
Repayment of bonds (2,416) (1,667) (1,650)
Purchase of shares of non-controlling interests (9) (223) (178)
Cash inflow from other borrowings 83 387 521
Cash outflow from other borrowings (712) (493) (452)
Equity dividends paid (2,298) (2,242) (2,065)
Unclaimed dividends and share forfeiture 30 0 0
Net cash outflow from financing activities (1,494) (3,106) (3,041)
Net increase/(decrease) in net cash and cash equivalents 1,083 (596) (831)
Exchange differences (35) (33) (76)
Reclassification to assets and liabilities held for sale 21 (30) 0
Net cash and cash equivalents at beginning of the year 1,109 1,768 2,675
Net cash and cash equivalents at end of the year 2,178 1,109 1,768
Net cash and cash equivalents consist of:      
Cash and cash equivalents 2,200 1,130 1,813
Bank overdrafts $ (22) $ (21) $ (45)