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Consolidated Statement of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash flows from operating activities    
Profit before tax $ 899 $ 786
Finance income and expense 632 640
Share of after-tax losses in associates and joint ventures 59 33
Depreciation, amortisation and impairment 1,403 1,393
Increase in working capital and short-term provisions (634) (1,440)
Gains on disposal of intangible assets (590) (593)
Non-cash and other movements (177) (310)
Cash generated from operations 1,592 509
Interest paid (378) (296)
Tax paid (723) (288)
Net cash inflow/(outflow) from operating activities 491 (75)
Cash flows from investing activities    
Payment of contingent consideration from business combinations 21 415
Purchase of property, plant and equipment (438) (486)
Disposal of property, plant and equipment 27 12
Purchase of intangible assets (1,296) (207)
Disposal of intangible assets 1,071 638
Movement in profit participation liability 150  
Purchase of non-current asset investments (7) (14)
Disposal of non-current asset investments 18 20
Movement in short-term investments and fixed deposits (39) (171)
Payments to joint ventures (368) (151)
Interest received 72 121
Net cash (outflow)/inflow from investing activities (789) 177
Net cash (outflow)/inflow before financing activities (298) 102
Cash flows from financing activities    
Proceeds from issue of share capital 3,495 16
Issue of loans 500  
Repayment of loans (500)  
Dividends paid (2,432) (2,363)
Hedge contracts relating to dividend payments 26 (47)
Repayment of obligations under leases (84)  
Movement in short-term borrowings (64) 1,913
Net cash inflow/(outflow) from financing activities 941 (481)
Net increase/(decrease) in cash and cash equivalents in the period 643 (379)
Cash and cash equivalents at the beginning of the period 4,671 3,172
Exchange rate effects 16 (27)
Cash and cash equivalents at the end of the period 5,330 2,766
Cash and cash equivalents 5,428 2,978
Overdrafts $ (98) $ (212)