Our world Search PLC | Investors Menu Group cash flow statement Download this statement in Excel. Notes 52 weeks 2021 53 weeks 2020 (restated(a)(b)) £m £m Cash flows generated from/(used in) operating activities Operating profit/(loss) of continuing operations 1,736 2,206 Operating profit/(loss) of discontinued operations 5,482 312 Depreciation and amortisation 1,767 2,157 (Profit)/loss arising on sale of property, plant and equipment, investment property, intangible assets and assets classified as held for sale and early termination of leases (190) (170) (Profit)/loss arising on sale of financial assets - (3) (Profit)/ loss arising on sale of joint ventures and associates (29) (68) (Profit)/ loss arising on sale of subsidiaries 7 (5,197) - Transaction costs associated with sale of subsidiaries 6 22 Net impairment loss/(reversal) on property, plant and equipment, right of use assets, intangible assets and investment property (85) 302 Impairment of goodwill 15 295 - Net remeasurement (gain)/loss of non-current assets held for sale (5) - Impairment of joint ventures - 47 Adjustment for non-cash element of pensions charge 14 9 Other defined benefit pension scheme payments 29 (2,851) (267) Share-based payments 30 87 Tesco Bank fair value movements included in operating profit 367 100 Retail (increase)/decrease in inventories (52) 178 Retail (increase)/decrease in development stock 2 1 Retail (increase)/decrease in trade and other receivables 63 175 Retail increase/(decrease) in trade and other payables 329 (403) Retail increase/(decrease) in provisions 56 (87) Retail (increase)/decrease in working capital 398 (136) Tesco Bank (increase)/decrease in loans and advances to customers and banks 1686 127 Tesco Bank (increase)/decrease in trade and other receivables 62 310 Tesco Bank increase/(decrease) in customer and bank deposits, trade and other payables (1,902) (3,849) Tesco Bank increase/(decrease) in provisions 2 5 Tesco Bank (increase)/decrease in working capital (152) (3,407) Cash generated from/(used in) operations 1,586 1,191 Interest paid (729) (803) Corporation tax paid (255) (340) Net cash generated from/(used in) operating activities 602 48 Cash flows generated from/(used in) investing activities Proceeds from sale of property, plant and equipment, investment property, intangible assets and assets classified as held for sale 237 3,965 Purchase of property, plant and equipment and investment property (1,171) (1,003) Purchase of intangible assets (206) (201) Disposal of subsidiaries, net of cash disposed 7 7,093 (6) Acquisition of subsidiaries, net of cash acquired 15 - Disposal of associate - 277 Net (increase)/decrease in loans to joint ventures and associates (2) 8 Investments in joint ventures and associates (11) (9) Net (investments in)/proceeds from sale of short-term investments 62 (687) Net (investments in)/proceeds from sale of financial assets at fair value through other comprehensive income and amortised cost 25c 116 (6) Dividends received from joint ventures and associates 26 42 Interest received 12 18 Net cash generated from/(used in) investing activities 6,171 2,398 Cash flows generated from/(used in) financing activities Own shares purchased (66) (149) Repayment of obligations under leases (621) (634) Increase in borrowings 1,098 1,272 Repayment of borrowings (1,814) (1,756) Net cash flows from derivative financial instruments 25c (580) (17) Dividends paid to equity owners 8 (5,858) (656) Net cash generated from/(used in) financing activities (7,841) (1,940) Net increase/(decrease) in cash and cash equivalents (1,068) 506 Cash and cash equivalents at the beginning of the year 3,031 2,567 Effect of foreign exchange rate changes 8 (42) Cash and cash equivalents including cash and overdrafts held in disposal groups at the end of the year 1,971 3,031 Cash and overdrafts held in disposal groups 7 - Cash and cash equivalents at the end of the year 20 1,978 3,031 The notes on pages 84 to 147 form part of these financial statements. (a) Comparatives have been restated to present Thailand, Malaysia and Poland as discontinued operations. Refer to Note 7 for further details. (b) Refer to Note 1 for further details regarding the prior year restatement. Share price 280.50p +0.70p +0.25% 24 November 2021 at close About this website Terms & conditions Privacy & cookies policy Accessibility Site index Useful links Tescoplc.com Tesco.com Tesco Red Door - Innovation Tesco careers Store locator Product recall Modern Slavery Statement Follow us Linkedin Twitter Facebook YouTube flickr Company number: 00445790 © Tescoplc.com 2021. All Rights Reserved. Privacy policy and cookies Accept and close