ICI » Topics » Investing activities

These excerpts taken from the ICI 6-K filed Mar 21, 2007.
Investing activities
Net cash from investing activities was an inflow of £110m for the year compared with an outflow of £112m last year. Net proceeds of £324m were received relating primarily to the divestment of Uniqema compared with net proceeds from divestments of £108m in 2005, mainly from the sale of the Vinamul Polymers business. Further cash flows relating to the sale of Uniqema are expected to be settled in 2007. Net proceeds offset capital expenditure of £150m (104% of depreciation) and payments in respect of disposals prior to 2004 of £41m which compared with £159m and £47m respectively last year.

Investing activities
Net cash from investing activities was an inflow of £110m for the year compared with an outflow of £112m last year. Net proceeds of £324m were received relating primarily to the divestment of Uniqema compared with net proceeds from divestments of £108m in 2005, mainly from the sale of the Vinamul Polymers business. Further cash flows relating to the sale of Uniqema are expected to be settled in 2007. The net proceeds offset capital expenditure of £150m and payments in respect of disposals prior to 2004 of £41m, compared with £159m and £47m respectively last year.

This excerpt taken from the ICI 6-K filed Aug 10, 2006.

Investing activities

There were no significant proceeds from disposals received during the first half of the year. During the first half of 2006, ICI completed the acquisition of the fragrance operations of Shaw Mudge and

 

acquired the outstanding minority interest in Quest India Ltd. As a result, net cash flow from investing activities was an outflow of £89m, compared with an inflow of £13m for the first half of 2005 when there were net proceeds from the disposal of the Vinamul Polymers business.

This excerpt taken from the ICI 6-K filed Mar 16, 2005.
Investing activities
The completion of the sale of Quests Food Ingredients business, with gross proceeds of £249m received in the second quarter, was the major contributor to net disposal proceeds of £279m. This more than offset capital expenditure of £158m and £95m of payments in respect of disposals prior to 2004. Consequently, there was a net cash inflow from investing activities of £29m, £90m better than 2003.

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