Nabors Plc
2010 Income Statement
$£$ In Millions)

Nabors plc
2010 Income Statement
( $£$ in millions)
$\begin{array}{|l|c|}\hline \text { Net sales } & £ 9,610 \\\hline \text { Less: Cost of goods sold } & 6,310 \\\hline \text { Less: Depreciation } & 1,370 \\\hline \text { Eamings before interest and taxes } & 1,930 \\\hline \text { Less: Interest paid } & 630 \\\hline \text { Taxable Income } & £ 1,300 \\\hline \text { Less: Taxes } & 455 \\\hline \text { Net income } & £ \quad 845 \\\hline\end{array}$

Nabors ple
2009 and 2010 Statement of financial positions
( $£$ in millions)
$\begin{array}{|l|l|l|l|l|l|}\hline & 2009 &2010 & & 2009 & 2010 \\\hline \text { Cash } & £, 310 & £ 405 & \text { Trade payables } & £ 2,720 & £ 2,570 \\\hline \text { Accounts rec. } & 2,640 & 3,055 & \text { Notes payable } & 100 & 0 \\\hline \text { Inventory } & 3,275 & \underline{3,850} & \text { Total } & £ 2,820 & £ 2,570 \\\hline \text { Total } & £ 6,225 & £ 7,310 & \text { Non-current liabilities } & 7,875 & 8,100 \\\hline \text { Net non-current assets } & 10,960 & 10,670 & \text { Ordinary equity } & 5,000 & 5,250 \\\hline & & & \text { Retained eamings } & \underline{1,490} & 2,060 \\\hline \text { Total Assets } & £ 17,185 & £ 17,980 & \text { Total liab.\& equity } & £ 17,185 & £ 17,890 \\\hline\end{array}$
-What is the cash flow to creditors for 2010?

A) -£405
B) -£225
C) £225
D) £405
E) £630