Please note: Numbers that are underlined reference individual notes that accompany the information shown in the table below. These can be found in the Notes on Financial Statements PDF (120kb) (this document can also be accessed by clicking the underlined numbers themselves).
| Notes | 2006 £m |
2005 £m |
|
|---|---|---|---|
| OPERATING ACTIVITIES Net cash flow from operating activities |
25 | 118.0 | 174.0 |
| INVESTING ACTIVITIES Dividends received from associates |
0.3 | 0.4 | |
| Purchase of property, plant and equipment | (90.7) | (72.6) | |
| Purchase of intangible assets | (1.1) | (0.7) | |
| Proceeds from disposal of property, plant and equipment | 5.9 | 3.3 | |
| Acquisition of subsidiaries | 27 | (52.7) | (28.0) |
| Proceeds from disposal of subsidiaries and associates | 26 | 27.8 | 46.7 |
| Deferred consideration on prior year acquisitions | (1.5) | (0.9) | |
| Reduction in cash and cash equivalents on demerger | (37.5) | — | |
| Net cash outflow from investing activities | (149.5) | (51.8) | |
| FINANCING ACTIVITIES Interest received |
41.9 | 36.4 | |
| Interest paid | (69.9) | (50.6) | |
| Interest element of finance leases paid | (2.1) | (2.0) | |
| Preference dividends paid | — | (1.9) | |
| Dividends paid | (57.7) | (53.0) | |
| Proceeds from issue of ordinary shares | 5.8 | 7.7 | |
| Proceeds from sale of treasury shares | — | 5.6 | |
| Purchase of own shares | (0.9) | — | |
| Increase/(Decrease) in loans | 121.3 | (79.7) | |
| Decrease in finance leases | (3.1) | (2.8) | |
| Decrease in overdrafts | (3.8) | 5.5 | |
| Decrease in other liquid assets | 3.0 | 58.7 | |
| Net cash outflow from financing activities | 34.5 | (87.1) | |
| Increase in cash and cash equivalents | 3.8 | 35.1 | |
| Cash and cash equivalents at beginning of year | 174.9 | 134.0 | |
| Exchange adjustments | (22.2) | 5.8 | |
| Cash and cash equivalents at end of year | 156.5 | 174.9 | |
| Net debt at beginning of year | (527.1) | (511.6) | |
| Increase in cash equivalents | 3.8 | 35.1 | |
| Increase/(Decrease) in loans | (121.3) | (79.7) | |
| Decrease in finance leases | 3.1 | 2.8 | |
| Decrease in overdrafts | 3.8 | 5.5 | |
| Decrease in other liquid assets | (3.0) | (58.7) | |
| Bank loans disposed of on disposal/demerger of subsidiaries | 209.6 | — | |
| Bank loans acquired | (2.9) | — | |
| Finance leases acquired | — | (3.3) | |
| Exchange adjustments | 77.1 | 76.6 | |
| Net debt at end of year | (356.9) | (527.1) | |