Cash Flow Statements

for the year ended 31 December 

  Group Company
 

2021

£m

2020

£m

2021

£m

2020

£m

Cash flows from operating activities        

Cash generated from operating activities

74.3 329.8 6.6 189.5

Finance costs paid

(52.7) (54.7) (73.2) (76.2)

Finance income received

- 9.9 38.4 35.4

Income tax paid

(46.4) (1.4) (0.9) (0.3)
Net cash (lost)/generated from operating activities (24.8) 283.6 (29.1) 148.4
Cash flows from investing activities        

Purchases of property, plant and equipment

(5.1) (3.8) (1.5)

Proceeds from sale of property, plant and equipment

0.2 0.4 -

Purchases of intangible assets

(10.3) (11.7) -

Purchase of shares in subsidiary

- - (0.2) -
Net cash used in investing activities (15.2) (15.1) (1.7)
Net cash (lost)/generated from operating and investing activities (40.0) 268.5 (30.8) 148.4
Cash flows from financing activities        

Proceeds from borrowings

49.4 311.3 38.2 305.9

Repayment of borrowings

(62.9) (490.0) (59.3) (389.4)

Principal elements of lease payments

(9.9) (10.9) - -

Dividends paid to Company shareholders

(4.9) - (4.9) -

Shares acquired by employee and treasury trusts

(3.9) - (3.9) -
Net cash used in financing activities (32.2) (189.6) (29.9) (83.5)
Net (decrease)/increase in cash and cash equivalents (72.2) 78.9 (60.7) 64.9
Cash and cash equivalents at beginning of year 116.3 37.4 65.1 0.2
Exchange losses on cash and cash equivalents (2.4) - - -
Cash and cash equivalents at end of year 41.7 116.3 4.4 65.1
Cash and cash equivalents at end of year comprise:        
Cash at bank and in hand 41.7 116.3 4.4 65.1