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Unaudited Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Cash flows from operating activities    
Profit for the period $ 2,110 $ 2,075
Taxation 683 699
Share of after tax results of associates and joint ventures (103) (115)
Net finance charges 433 442
Non-operating items (7) 54
Operating profit 3,116 3,155
Increase in inventories (98) (175)
Increase in trade and other receivables (1,036) (1,181)
Increase in trade and other payables and provisions 332 942
Net increase in working capital (802) (414)
Depreciation, amortisation and impairment 416 389
Dividends received 7 5
Post-employment payments less amounts included in operating profit 51 5
Other items 10 75
Adjustments to reconcile profit (loss), Total 484 474
Cash generated from operations 2,798 3,215
Interest received 167 112
Interest paid (477) (496)
Taxation paid (365) (506)
Interest and income taxes paid (received), classified as operating activities (675) (890)
Net cash inflow from operating activities 2,123 2,325
Cash flows from investing activities    
Disposal of property, plant and equipment and computer software 14 3
Purchase of property, plant and equipment and computer software (605) (632)
Net movements in loans, other investments and other financial assets (12) (43)
Sale of businesses and brands 261 116
Acquisition of subsidiaries (20) (29)
Investments in associates and joint ventures (29) (47)
Net cash outflow from investing activities (391) (632)
Cash flows from financing activities    
Net sale of own shares for share schemes 1 3
Net purchase of treasury shares in respect of subsidiaries 0 (4)
Dividends paid to non-controlling interests (81) (74)
Proceeds from bonds 1,171 2,106
Repayments of bonds (1,250) (1,158)
Cash inflow from other borrowings 245 77
Cash outflow from other borrowings (152) (650)
Equity dividends paid (1,401) (1,399)
Net cash outflow from financing activities (1,467) (1,099)
Net increase in net cash and cash equivalents 265 594
Exchange differences 6 (68)
Reclassification to assets and liabilities held for sale (265) 4
Net cash and cash equivalents at beginning of the period 2,178 1,109
Net cash and cash equivalents at end of the period 2,184 1,639
Net cash and cash equivalents consist of:    
Cash and cash equivalents 2,209 1,656
Bank overdrafts (25) (17)
Net cash and cash equivalents $ 2,184 $ 1,639