Cash Flow Statements

for the year ended 31 December 

    Group Company
  Notes

2015

£M

2014

£M

2015

£M

2014

£M

Cash flows from operating activities          

Cash generated from/(used in) operating activities

28 100.3 121.7 51.4 (291.1)

Finance costs paid

  (40.9) (43.0) (35.5) (39.8)

Finance income received

  - - 34.2 32.9

Income tax (paid)/received

  (37.0) (44.8) 3.9 5.9
Net cash generated from/(used in) operating activities   22.4 33.9 54.0 (292.1)
Cash flows from investing activities          

Acquisition of subsidiary, net of cash and cash equivalents

30 (21.0) - (21.0) -

Purchases of property, plant and equipment

14 (8.2) (11.6) - -

Proceeds from sale of property, plant and equipment

  0.4 0.3 - -

Purchases of intangible assets

12 (18.9) (9.3) - -

Dividends received from subsidiaries

  - - - 300.0
Net cash (used in)/generated from investing activities   (47.7) (20.6) (21.0) 300.0
Net cash (used in)/generated from operating and investing activities   (25.3) 13.3 33.0 7.9
Cash flows from financing activities          

Proceeds from borrowings

  214.9 289.3 122.9 264.2

Repayment of borrowings

  (138.2) (190.1) (112.1) (170.3)

Dividends paid to Company shareholders

7 (28.6) (22.9) (28.6) (22.9)

Acquisition of own shares

  (50.2) (45.4) (50.2) (45.4)

Cash received on share options exercised

  0.7 0.9 0.7 0.9
Net cash (used in)/generated from financing activities   (1.4) 31.8 (67.3) 26.5
Net (decrease)/increase in cash and cash equivalents   (26.7) 45.1 (34.3) 34.4
Cash and cash equivalents at beginning of year   68.8 24.6 34.4 -
Exchange losses on cash and cash equivalents   (2.2) (0.9) - -
Cash and cash equivalents at end of year 17 39.9 68.8 0.1 34.4
Cash and cash equivalents at end of year comprise:          
Cash at bank and in hand 17 39.9 68.8 0.1 34.4

The accounting policies and notes 1 to 33 are an integral part of these Financial Statements. Click here to view.