Consolidated cash flow statement

 
     
  AT 31 DECEMBER 2003  
 
      Year ended Year ended
      31 December 31 December
      2003 2002
Note     £m £m
24 Net cash inflow from operating activities   184 276
24 Dividends received from joint ventures and associates   68 84
  Dividends received from fixed asset investments – ordinary   33 31
      285 391
  Dividends received from fixed asset investments – exceptional   42
24 Returns on investments and servicing of finance – ordinary   (84) (88)
24 Returns on investments and servicing of finance – exceptional   (4) (25)
  Taxation   (14) (20)
24 Capital expenditure and financial investment – ordinary   (74) (159)
24 Capital expenditure and financial investment – exceptional   11
24 Acquisitions and disposals – ordinary   (144)
24 Acquisitions and disposals – exceptional   24
  Net cash inflow/(outflow) before management of liquid resources and financing activities   144 (3)
  Management of liquid resources   (20)
24 Financing activities   (260) 210
  (Decrease)/increase in cash in the year   (136) 207