Year ended 31 March 2023
Download Consolidated cash flow statement
2023 £m |
2022 £m |
|
Cash generated from operations | 37.7 | 23.6 |
Income taxes paid | (7.7) | (6.5) |
Interest paid | (5.5) | (2.5) |
Net cash generated from operating activities | 24.5 | 14.6 |
Cash flows from investing activities | ||
Purchase of property, plant and equipment and intangible assets | (6.0) | (5.4) |
Acquisition of subsidiary undertakings net of cash acquired | (78.3) | — |
Net cash used in investing activities | (84.3) | (5.4) |
Cash flows from financing activities | ||
Proceeds from issue of ordinary share capital | 18.1 | 0.1 |
Principal element of lease payments | (4.6) | (4.7) |
Drawdown of borrowings | 114.0 | 25.0 |
Repayment of borrowings | (54.0) | (23.0) |
Dividends paid to the Company’s shareholders | (9.2) | (9.1) |
Net cash generated from/(used in) financing activities | 64.3 | (11.7) |
Net increase/(decrease) in cash and cash equivalents | 4.5 | (2.5) |
Cash and cash equivalents at the beginning of the year | 27.4 | 28.3 |
Exchange movements on cash and cash equivalents | (2.9) | 1.6 |
Cash and cash equivalents at the end of the yearr | 29.0 | 27.4 |