| Dec'17 | Dec'16 | Dec'15 | ||||
|---|---|---|---|---|---|---|
Cash flows from operating activities | ||||||
Profit before tax | ||||||
2,227 | 3,552 | 3,069 | ||||
Finance income and expense | ||||||
-1,395 | -1,317 | -1,029 | ||||
Share of after tax losses in associates and joint ventures | ||||||
-55 | -33 | -16 | ||||
Depreciation, amortisation and impairment | ||||||
3,036 | 2,357 | 2,852 | ||||
Decrease in trade and other receivables | ||||||
83 | 1,610 | 152 | ||||
Increase in inventories | ||||||
-548 | -343 | -315 | ||||
Increase/(decrease) in trade and other payables and provisions | ||||||
-415 | 341 | -114 | ||||
Gains on disposal of intangible assets | ||||||
-1,518 | -1,301 | -961 | ||||
Fair value movements on contingent consideration arising from business combinations | ||||||
109 | -1,158 | -432 | ||||
Non-cash and other movements | ||||||
-524 | -492 | -350 | ||||
Cash generated from operations | ||||||
4,730 | 5,234 | 5,174 | ||||
Interest paid | ||||||
698 | 677 | 496 | ||||
Tax paid | ||||||
454 | 412 | 1,354 | ||||
Net cash (outflow)/inflow from operating activities | ||||||
3,578 | 4,145 | 3,324 | ||||
Cash flows from investing activities | ||||||
Movement in short-term investments and fixed deposits | ||||||
-345 | -166 | 283 | ||||
Purchase of property, plant and equipment | ||||||
1,326 | 1,446 | 1,328 | ||||
Disposal of property, plant and equipment | ||||||
83 | 82 | 47 | ||||
Purchase of intangible assets | ||||||
294 | 868 | 1,460 | ||||
Disposal of intangible assets | ||||||
1,376 | 1,427 | 1,130 | ||||
Purchase of non-current asset investments | ||||||
96 | 230 | 57 | ||||
Disposal of non-current asset investments | ||||||
70 | 3 | 93 | ||||
Payments to joint ventures | ||||||
76 | 41 | 45 | ||||
Non-contingent payments on business combinations | ||||||
1,450 | 2,564 | 2,446 | ||||
Payment of contingent consideration from business combinations | ||||||
434 | 293 | 579 | ||||
Interest received | ||||||
164 | 140 | 123 | ||||
Payments made by subsidiaries to non-controlling interests | ||||||
- | 13 | - | ||||
Net cash inflow/(outflow) from investing activities | ||||||
-2,328 | -3,969 | -4,239 | ||||
Net cash inflow/(outflow) before financing activities | ||||||
1,250 | 176 | -915 | ||||
Cash flows from financing activities | ||||||
Proceeds from issue of share capital | ||||||
43 | 47 | 43 | ||||
Issue of loans | ||||||
1,988 | 2,491 | 5,928 | ||||
Repayment of loans | ||||||
1,750 | - | 884 | ||||
Dividends paid | ||||||
3,519 | 3,561 | 3,486 | ||||
Hedge contracts relating to dividend payments | ||||||
20 | -18 | 51 | ||||
Repayment of obligations under finance leases | ||||||
14 | 16 | 42 | ||||
Movement in short-term borrowings | ||||||
336 | -303 | -630 | ||||
Net cash (outflow) / inflow from financing activities | ||||||
-2,936 | -1,324 | 878 | ||||
Net (decrease)/increase in cash and cash equivalents in the period | ||||||
-1,686 | -1,148 | -37 | ||||
Exchange rate effects | ||||||
-66 | 21 | -76 | ||||