Notes to the Group Financial Statements
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| 27. Cash generated from operations | ||
| 2007 $m |
2006 $m |
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| Profit for the year: | ||
| – Continuing operations | 1,110 | 960 |
| – Discontinued operations | 174 | 54 |
| 1,284 | 1,014 | |
| Adjustments for: | ||
| – Income tax | 280 | 222 |
| – Finance income | (291) | (185) |
| – Finance expense | 219 | 140 |
| – Share of results of associates and joint ventures | (46) | (33) |
| – Depreciation of tangible fixed assets | 30 | 26 |
| – Amortisation of intangible fixed assets | 157 | 123 |
| – Share-based payments expense | 65 | 52 |
| – Fair value gains on available for sale financial assets | (58) | (18) |
| – Impairment charges | 1 | 6 |
| – Net gains on financial instruments | (6) | (5) |
| – Decrease in provisions | (22) | (13) |
| – Other non-cash movements | (13) | (21) |
| 1,600 | 1,308 | |
| Changes in working capital: | ||
| – Increase in receivables | (15,998) | (4,858) |
| – Increase in other financial assets | (6,452) | (2,962) |
| – Increase in payables | 22,369 | 7,455 |
| Cash generated from operations | 1,519 | 943 |