Cash flow statements

for the 52 weeks to 21 March 2009

	Note	Group 2009 £m	Group 2008 £m	Company 2009 £m	Company 2008 £m
Cash flows from operating activities
Cash generated from operations	27	1,206	998	203	(126)
Interest paid		(128)	(123)	(57)	(34)
Corporation tax paid		(160)	(64)	(160)	(64)
Net cash from operating activities		918	811	(14)	(224)
Cash flows from investing activities
Purchase of property, plant and equipment		(966)	(973)	-	–
Purchase of intangible assets		(10)	(6)	-	–
Proceeds from disposal of property, plant and equipment and other assets		390	198	86	1
Acquisition of and investment in subsidiaries and businesses, net of cash acquired		(10)	(7)	-	(3)
Investment in joint ventures		(291)	(31)	-	(15)
Investment in financial assets		(8)	–	(8)	–
Cost of disposal of operations		-	(1)	-	(1)
Interest received		13	29	70	116
Dividends received		3	–	250	250
Net cash from investing activities		(879)	(791)	398	348
Cash flows from financing activities
Proceeds from issuance of ordinary shares		15	43	15	43
Capital redemption		-	(10)	-	(10)
Proceeds from long-term borrowings		152	–	-	–
Proceeds from short-term borrowings		43	–	35	–
Repayment of long-term borrowings		(30)	(36)	-	(7)
Interest elements of obligations under finance lease payments		(3)	(3)	-	–
Dividends paid	10	(218)	(178)	(218)	(178)
Net cash from financing activities		(41)	(184)	(168)	(152)
Net (decrease)/increase in cash and cash equivalents		(2)	(164)	216	(28)
Opening cash and cash equivalents		601	765	236	264
Closing cash and cash equivalents	27	599	601	452	236