Cash Flow Statements

for the year ended 31 December 

  Group Company
 

2017

£M

2016

£M

2017

£M

2016

£M

Cash flows from operating activities        
Continuing operations        

Cash generated from/(used in) operating activities

143.6 136.2 9.2 (21.1)

Finance costs paid

(54.7) (44.3) (46.9) (31.6)

Finance income received

- - 39.0 27.8

Income tax paid

(94.0) (68.4) (1.3) (0.5)
Discontinued operations  (2.7)  (1.7)  - 
Net cash generated (used in)/from operating activities (7.8) 21.8 - (25.4)
Cash flows from investing activities        
Continuing operations        

Purchases of property, plant and equipment

(10.1) (8.2) - (0.1)

Proceeds from sale of property, plant and equipment

0.7 - - -

Purchases of intangible assets

(14.9) (15.8) - -


Purchase of shares in subsidiary

(25.5) 
Discontinued operations         

Proceeds from sale of property, plant and equipment

-  (0.1) 

Disposal of subsidiary, net of cash and cash equivalents 

3.0 
Net cash used in investing activities (21.3) (24.1) (25.5) (0.1)
Net cash used in operating and investing activities (29.1) (2.3) (25.5) (25.5)
Cash flows from financing activities        
Continuing operations        

Proceeds from borrowings

92.5 69.9 58.1 71.7

Repayment of borrowings

(53.2) (41.7) (8.9) (15.0)

Dividends paid to Company shareholders

(27.6) (27.4) (27.6) (27.4)
Net cash generated from financing activities 11.7 0.8 21.6 29.3
Net (decrease)/increase in cash and cash equivalents (17.4) (1.5) (3.9) 3.8
Cash and cash equivalents at beginning of year 43.4 39.9 3.9 0.1
Exchange gains on cash and cash equivalents 1.4 5.0 - -
Cash and cash equivalents at end of year 27.4 43.4 - 3.9
Cash and cash equivalents at end of year comprise:        
Cash at bank and in hand 27.4 43.4 - 3.9