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GROUP CASH FLOW STATEMENT - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities      
Profit before taxation $ 235 $ 586 $ 246
Net interest expense 66 74 56
Depreciation, amortisation and impairment 617 567 562
Loss on disposal of property, plant and equipment and software 11 14 34
Share-based payments expense (equity-settled) 40 41 26
Share of results of associates 141 (9) (14)
Gain on disposal of interest in associate   (75) 0
Net movement in post-retirement benefit obligations 6   1
Increase in inventories (407) (151) (45)
(Increase)/decrease in trade and other receivables (103) (81) 209
Increase/(decrease) in trade and other payables and provisions (25) 82 (103)
Cash generated from operations 581 1,048 972
Interest received 7 6 2
Interest paid (73) (80) (61)
Income taxes (paid) (47) (97)  
Income taxes refunded     22
Net cash inflow from operating activities 468 877 935
Cash flows from investing activities      
Acquisitions, net of cash acquired (113) (285) (170)
Capital expenditure (358) (408) (443)
Net (purchase)/proceeds from sale of investments (2) (2) (2)
Distribution from associate 1 4 9
Net cash used in investing activities (472) (691) (606)
Cash flows from financing activities      
Proceeds from issue of ordinary share capital 1 2 2
Purchase of own shares (158)   (16)
Payment of capital element of lease liabilities (54) (59) (55)
Settlement of borrowings due within one year (407) (267) (5)
Proceeds from borrowings due after one year 485   1,950
Settlement of borrowings due after one year (474)   (400)
Proceeds from own shares 5 12 9
Settlement of currency swaps 3 (4) 7
Equity dividends paid (327) (329) (328)
Net cash (used in)/from financing activities (926) (645) 1,164
Net (decrease)/increase in cash and cash equivalents (930) (459) 1,493
Cash and cash equivalents at beginning of year 1,285 1,751 257
Exchange adjustments (11) (7) 1
Cash and cash equivalents at end of year 344 1,285 1,751
Restructuring and rationalisation expenses 120 108 117
Acquisition-related costs 22 28 24
Legal and other costs (133) (111) 75
Bank overdrafts $ 6 $ 5 $ 11