Reconciliation of profit for the year to cash flow from operations (Tables)

12 Months Ended

Feb. 15, 2018

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Summary of Reconciliation of Profit for the Year to Cash Flow from Operations

For the year ended 31 December 2017	Note		2017 $m			2016 $m			2015 $m
Profit for the year				593			417			1,224
Adjustments for:
Net financial expenses				85			87			87
Income tax charge		7		85			174			188
Depreciation and amortisation				103			96			96
Impairment		5		18			16			36
Other exceptional items		5		(22	)		13			(855	)
Equity-settled share-based cost		26		21			17			19
Dividends from associates and joint ventures		14		4			5			5
(Increase)/decrease in trade and other receivables				(71	)		(24	)		3
Net change in loyalty programme liability and System Fund surplus				8			65			42
System Fund depreciation and amortisation				36			31			21
Increase/(decrease) in other trade and other payables				44			102			(13	)
Utilisation of provisions, net of insurance recovery		19		—			(4	)		—
Retirement benefit contributions, net of costs				(1	)		(32	)		(4	)
Cash flows relating to exceptional items				(44	)		(19	)		(45	)
Other items				(3	)		9			6
Total adjustments				263			536			(414	)
Cash flow from operations				856			953			810