Reconciliation of profit for the year to cash flow from operations before contract acquisition costs (Tables)

12 Months Ended

Dec. 31, 2018

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Summary of Reconciliation of Profit for the Year to Cash Flow From Operations Before Contract Acquisition Costs

For the year ended 31 December 2018	Note		2018 $m			2017 Restated $m			2016 Restated $m
Profit for the year				352			541			459
Adjustments for:
Net financial expenses				81			72			80
Income tax charge		8		133			115			173
Depreciation and amortisation				80			78			75
System Fund depreciation and amortisation				45			36			31
Impairment		6		0			18			16
Other exceptional items (including System Fund)		6		151			(13	)		13
Equity-settled share-based cost		26		38			27			23
Dividends from associates and joint ventures		14		5			4			5
Increase in trade and other receivables				(44	)		(71	)		(27	)
Increase in contract costs				(3	)		(5	)		(4	)
Increase in deferred revenue				141			43			109
Increase in other trade and other payables				7			35			39
Utilisation of provisions (2016: net of insurance recovery)		19		(6	)		—			(4	)
Retirement benefit contributions, net of costs				(12	)		(1	)		(32	)
Cash flows relating to exceptional items				(137	)		(44	)		(19	)
Contract assets deduction in revenue				19			17			13
Other items				4			(3	)		—
Total adjustments				502			308			491
Cash flow from operations before contract acquisition costs				854			849			950