Pearson plc homepageinvestor relations
     

: consolidated statement of cash flows :

   
 

year ended 31 dec 1999


all figures in millions
1999
1998
 
 
 
 
note
Net cash inflow from operating activities
433
402




Dividends from partnerships and other associates
44
53
 




Interest received
41
52
 
Interest paid
(182)
(88)
 
Debt issue costs
(5)
(21)
 
Dividends paid to minority interests
(1)
(3)
 




Returns on investments and servicing of finance
(147)
(60)
 




Taxation
(156)
(80)
 




Purchase of tangible fixed assets
(102)
(125)
 
Sale of tangible fixed assets
36
14
 
Purchase of investments
(24)
(53)
 
Sale of investments
624
199




Capital expenditure and financial investment
534
35
 




Purchase of subsidiary undertakings
(249)
(2,936)
 
Net cash acquired with subsidiary undertakings
(2)
 
Purchase of associates
(54)
(13)
 
Sale of subsidiary undertakings
44
718
 
Net cash disposed with subsidiary undertakings
(3)
(17)
 
Sale of associates
12
77
 




Acquisitions and disposals
(250)
(2,173)




Equity dividends paid
(132)
(113)
 




Net cash inflow/(outflow) before management of liquid resources and financing
326
(1,936)
 




Liquid resources acquired
(9)
(1,261)
 
Liquid resources disposed
10
1,306
 




Management of liquid resources
1
45




Issue of equity share capital
18
344
 
Capital element of finance lease rentals
(11)
(1)
 
Unsecured bank loans repaid
(141)
 
Loan facility (repaid)/advanced
(1,112)
2,115
 
4.625% Euro Bonds 2004 advanced
358
 
7% Sterling Bonds 2014 advanced
250
 
Net movement in other borrowings
202
(280)
 




Financing
(295)
2,037
 




Increase in cash in the year
32
146




* Introduction
* Chairman's letter
* Chief executive's review
* The Pearson Goals
* Internet Goals
* The Results
* Financial Review
* Financial Policy
* Directors' Report
* Personnel Committee Report
* Pearson Education
* Penguin Group
* Financial Times Group
* Pearson Televison
* Recolétos
* Lazard
* Consolidated profit and loss account
* Consolidated balance sheet
* Consolidated statement of cash flows
* Statement of total recognised gains and losses
* Note of historical cost profits and losses
* Reconciliation of movements in equity shareholders' funds
* Report to the Auditors to the Members of Pearson plc
* Principal subsidiaries and associates
* Five year summary
* Shareholder information
* Notes to the accounts
 

* Top of Page