17. Reconciliation of net profit after tax with cash flows from operating activities

Reconciliation from the net profit after tax to the net cash flows from operations.

	Group	Group	Parent	Parent
	2008 ($m)	2007 ($m)	2008 ($m)	2007 ($m)
Net surplus after tax	46	42	12	2
Adjustments for:
Depreciation	176	167	6	6
Intangibles amortisation	3	2	0	0
Permanent diminution of asset values	10	10	1	0
(Gain)/loss on asset sales	(1)	91)	0	0
Movement in provision for doubtful debts	3	3	0	0
Movement in provision for deferred tax	(29)	(23)	(2)	1
Movement in provision for lease and mortgage sales for doubtful debts	0	0	0	0
Mortgage Insurance Scheme premium released	0	0	0	0
Movement in other provisions	(1)	(3)	(1)	(3)
Increase/(decrease) in rent in advance	(2)	(2)	0	0
Increase/(decrease) in accounts payable	3	10	5	8
(Increase)/decrease in accounts receivable	14	(16)	11	(1)
Net cash from operating activities	222	189	32	13