Consolidated Cash Flow Statement
For the year ended 31 December 2006
| US$m | Notes | 2006 | 2005 |
|---|---|---|---|
| Profit before taxation (continuing operations) | 3,915 | 2,462 | |
| Adjustments for: | |||
| Profit before tax from discontinued operations | 8 | - | 4 |
| Finance income | 10 | (282) | (124) |
| Finance cost | 10 | 881 | 172 |
| Share of results from associates | 20 | (4) | (23) |
| Profit on sale of available-for-sale financial assets | 10 | (63) | - |
| Profit on sale of discontinued operations | 8 | - | (4) |
| Net profit on disposal of property, plant and equipment | (3) | (16) | |
| Impairment of assets | 10 | 1,378 | 5 |
| Depreciation | 10 | 1,221 | 571 |
| Amortisation | 10 | 23 | 7 |
| Share-based compensation plans | 10 | 91 | 31 |
| Increase in trade and other receivables | (224) | (334) | |
| Increase in other assets | (154) | (80) | |
| Increase in inventories | (178) | (125) | |
| Increase in trade and other payables | 159 | 236 | |
| Increase/(decrease) in provisions | (34) | 8 | |
| Other non-cash movements | (20) | (10) | |
| Cash generated from operations | 6,706 | 2,780 | |
| Income tax paid | (1,022) | (380) | |
| Interest paid | (498) | (116) | |
| Interest received | 87 | 24 | |
| Dividends received - associates | 10 | 8 | |
| Dividends received - other | 3 | 9 | |
| Net cash flow from operating activities | 5,286 | 2,325 | |
| Purchase of property, plant and equipment | (1,469) | (858) | |
| Proceeds from sale of property, plant and equipment | 32 | 11 | |
| Purchase of intangible assets | (16) | (9) | |
| Purchase of available-for-sale financial assets | (3) | (1,472) | |
| Proceeds from sale of available-for-sale financial assets | 10 | 190 | - |
| Payments to joint venture partner | - | (7) | |
| Repayments from joint venture partner | - | 7 | |
| Acquisition of subsidiaries, net of cash acquired | (17,064) | (60) | |
| Acquisition of joint ventures, net of cash acquired | (1,715) | - | |
| Disposal of subsidiaries, net of cash disposed | 24 | 25 | |
| Net cash flow used in investing activities | (20,021) | (2,363) | |
| Issue of share capital | 6,684 | - | |
| Purchase of own shares | (11) | (522) | |
| Disposal of own shares | 1,134 | 25 | |
| Proceeds from interest bearing loans and borrowings | 22,807 | 1,295 | |
| Interest bearing loans and borrowings issue costs | (85) | (17) | |
| Repayment of interest bearing loans and borrowings | (14,035) | (349) | |
| Payment of finance lease liabilities | (28) | (8) | |
| Dividends paid to equity holders of the parent | (251) | (154) | |
| Dividends paid to minority interests | (202) | (148) | |
| Redemption of minority interests | (95) | - | |
| Net cash flow from/(used in) financing activities | 15,918 | 122 | |
| Net increase/(decrease) in cash and cash equivalents | 1,183 | 84 | |
| Net foreign exchange difference | 13 | (14) | |
| Cash and cash equivalents at 1 January | 521 | 451 | |
| Cash and cash equivalents at 31 December | 25 | 1,717 | 521 |