Basic HTML Version
Consolidated Cash Flow Statement
For the year to 28 February 2011
53
Financial Statements
Notes
Year to
Year to
28.02.2011
28.02.2010
£’000
£’000
Cash generated from operations
27
27,671
39,823
Income taxes paid
(2,341)
(2,384)
Net cash flow from operating activities
25,330
37,439
Acquisition of subsidiaries and other businesses – net cash paid
-
(240)
Purchase of property, plant and equipment
(55,419)
(63,250)
Proceeds from the sale of property, plant and equipment
10,540
72,807
Investment in joint venture
(15,156)
-
VAT outflow in relation to disposal of Widnes assets
(4,200)
-
Dividends received from joint ventures
-
256
Net loans (advanced to) / repaid by associates and joint ventures
(3,119)
545
Interest received
859
928
Net cash flow from investing activities
(66,495)
11,046
Share issue costs
27
(277)
(253)
Dividend paid on ordinary shares
10
(15,910)
(12,993)
Proceeds from new finance leases
18,275
17,683
Repayment of capital element of finance leases
(23,630)
(20,672)
Proceeds from new borrowings
90,000
34,000
Repayment of borrowings
(40,489)
(63,574)
Interest paid
(5,627)
(6,685)
Net cash flow from financing activities
22,342
(52,494)
Decrease in cash and cash equivalents
(18,823)
(4,009)
Cash and cash equivalents at beginning of year
(13,123)
(9,114)
Cash and cash equivalents at end of year
(31,946)
(13,123)
Cash
- Continuing
3,937
13,134
- Included in disposal group
-
179
Overdraft
(35,883)
(26,436)
Cash and cash equivalents at end of year
(31,946)
(13,123)