Group
Company

Note2017
£m
2016
£m
2017
£m
2016
£m
Operating activities




Cash generated from operationsA11,018.1905.5265.4261.3
Interest paid
(161.0)(168.7)(28.5)(27.5)
Interest received and similar income
4.91.9
Tax paid
(42.4)(53.1)
Tax received
1.25.55.5
Net cash generated from operating activities
820.8685.6242.4239.3
Investing activities




Purchase of property, plant and equipment
(672.4)(634.2)
Purchase of intangible assets
(52.4)(66.1)
Proceeds from sale of property, plant and equipment
4.11.4
Grants and contributions received2129.017.3
Loans to joint venturesA6(109.0)
Investment in joint ventures12(13.5)
Proceeds from disposal of business93.3
Dividends received from joint ventures
5.44.6
Proceeds from investments130.90.2
Net cash used in investing activities
(804.6)(676.8)
Financing activities




Proceeds from borrowings
736.2693.023.025.9
Repayment of borrowings
(448.7)(474.1)
Dividends paid to equity holders of the company8(263.1)(258.7)(263.1)(258.7)
Exercise of share options – purchase of shares
(2.4)(6.6)(2.4)(6.6)
Net cash generated from/(used in) financing activities
22.0(46.4)(242.5)(239.4)
Net increase/(decrease) in cash and cash equivalents
38.2(37.6)(0.1)(0.1)
Cash and cash equivalents at beginning of the year
182.1219.7(0.5)(0.4)
Cash and cash equivalents at end of the year16220.3182.1(0.6)(0.5)