XML 325 R8.htm IDEA: XBRL DOCUMENT v3.22.4
Group statement of cash flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Statement of cash flows [abstract]      
Profit/(loss) for the year $ 376 $ 265 $ (260)
Adjustments reconciling profit/(loss) for the year to cash flow from operations 585 583 568
Cash flow from operations 961 848 308
Interest paid (126) (134) (132)
Interest received 22 8 2
Tax paid (211) (86) (41)
Net cash from operating activities 646 636 137
Cash flow from investing activities      
Purchase of property, plant and equipment (54) (17) (26)
Purchase of intangible assets (45) (35) (50)
Investment in associates (1)   (2)
Investment in other financial assets 0 (5) (5)
Deferred purchase consideration paid   (13)  
Capitalised interest paid     (1)
Lease incentives received 6    
Distributions from associates and joint ventures 0   5
Disposal of property, plant and equipment 3    
Disposal of hotel assets, net of costs and cash disposed 0 44 1
Repayments of other financial assets 13 14 13
Disposal of equity securities 0   4
Net cash from investing activities (78) (12) (61)
Cash flow from financing activities      
Repurchase of shares (482)    
Purchase of own shares by employee share trusts (1)    
Dividends paid to shareholders (233)    
Issue of long-term bonds, including effect of currency swaps     1,093
(Repayment)/issue of commercial paper   (828) 738
Repayment of long-term bonds (209)   (290)
Principal element of lease payments (36) (32) (65)
Decrease in other borrowings 0   (125)
Proceeds from currency swaps     3
Net cash from financing activities (961) (860) 1,354
Net movement in cash and cash equivalents in the year (393) (236) 1,430
Cash and cash equivalents at beginning of the year 1,391 1,624 108
Exchange rate effects (77) 3 86
Cash and cash equivalents at end of the year $ 921 $ 1,391 $ 1,624