Consolidated and Parent Company statement of cash flows

Cash (used in)/generated from operations

32

(13.8)

19.1

–

–

Interest paid

(14.0)

(18.0)

–

–

Cash flow from investing activities

Capital expenditure

(58.8)

(50.9)

–

–

Grants received

22

–

5.3

–

–

Grants repaid

–

(0.4)

–

–

Proceeds from disposal of property, plant and equipment

32.5

10.1

–

–

Purchase of businesses and investments

29

–

(0.6)

–

–

Sale of discontinued operation (net of cash disposed of and fees)

29

–

330.8

–

–

Cash flow from financing activities

Repayment and cancellation of loan notes

(159.4)

(7.5)

(159.4)

(7.5)

New bank facilities advanced

–

–

–

–

Proceeds from issuance of loan notes

–

–

–

–

Net drawdown/(repayment) of borrowings under revolving credit facilities

36.0

(68.7)

–

(55.9)

Dividends paid

7

(28.5)

(27.4)

(28.5)

(27.4)

Proceeds from issue of shares (net of issue costs)

24

0.2

7.4

0.2

7.4

Purchase of shares by ESOP

(1.4)

–

–

–

Net (decrease)/increase in cash and cash equivalents

(208.8)

192.8

(14.8)

13.7

Cash and cash equivalents at beginning of year

33

276.1

79.4

14.8

–