| |
£m |
2005
£m |
£m |
Restated
2004
£m |
|
| Cash flows from operating activities
|
|
|
|
|
| Net inflow from operating activities
|
|
162.2 |
|
113.0 |
|
| Dividends received from joint
ventures |
|
6.0 |
|
1.6 |
|
| Returns on investments and servicing
of finance |
|
|
|
|
| Interest received |
3.0 |
|
1.8 |
|
| Debt issue costs |
– |
|
(1.0) |
|
| Interest paid |
(11.4) |
|
(11.6) |
|
| |
|
|
|
|
| Net cash outflow from returns
on investments and servicing of financing |
|
(8.4) |
|
(10.8) |
|
| Taxation paid |
|
(14.2) |
|
(16.8) |
|
| Capital expenditure and financial
investment |
|
|
|
|
| Cost associated with the formation of joint venture |
(1.7) |
|
– |
|
| Purchase of tangible fixed assets |
(72.0) |
|
(51.6) |
|
| Proceeds from sale of tangible fixed
assets |
– |
|
0.5 |
|
| |
|
|
|
|
| Net cash outflow for capital
expenditure and financial investment |
|
(73.7) |
|
(51.1) |
|
| Acquisitions and disposals
|
|
|
|
|
| Purchase of associate undertaking |
– |
|
(0.2) |
|
| Cash forgone with sale of subsidiary |
(0.4) |
|
– |
|
| Cash acquired with subsidiary acquisition
|
– |
|
0.2 |
|
| Net cash outflow for acquisitions and
disposals |
|
(0.4) |
|
– |
|
| Equity dividends paid |
|
(21.5) |
|
(19.2) |
|
| Cash inflow before use of liquid
resources and financing |
|
50.0 |
|
16.7 |
|
| Management of liquid resources
|
|
|
|
|
| Decrease in short-term deposits with banks |
|
0.7 |
|
0.7 |
|
| Financing |
|
|
|
|
| Movement in short-term loan notes |
– |
|
(0.2) |
|
| Issue of share capital |
6.8 |
|
1.6 |
|
| Net movement of own shares held |
0.2 |
|
(0.1) |
|
| Net cash inflow from financing |
|
7.0 |
|
1.3 |
|
| Increase in cash in the period |
|
57.7 |
|
18.7 |
|
| |
