ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2010

Financial statements

29 Cash generated from operations

Cash generated from operations

*Material non-cash transactions during the current year include, for the group, the pension schemes curtailment gains arising on amendment of pension obligations (£92.3 million, see note 20) and, for the company, the impairment of the company’s investment in its subsidiary United Utilities PLC (£726.8 million, see note 14).

There were no material non-cash transactions during the prior year affecting the group or company.

Discontinued operations

For the year ended 31 March 2009, cash generated from operating activities for discontinued operations was £nil.