Year ended 31 March 2024
Download Consolidated cash flow statement
| 2024 £m |
2023 £m |
|
| Cash generated from operations | 49.0 | 37.7 |
| Income taxes paid | (5.6) | (7.7) |
| Interest paid | (6.8) | (5.5) |
| Net cash generated from operating activities | 36.6 | 24.5 |
| Cash flows from investing activities | ||
| Purchase of property, plant and equipment and intangible assets | (7.3) | (6.0) |
| Acquisition of subsidiary undertakings net of cash acquired | — | (78.3) |
| Net cash used in investing activities | (7.3) | (84.3) |
| Cash flows from financing activities | ||
| Proceeds from issue of ordinary share capital | — | 18.1 |
| Purchase of treasury shares | (0.8) | — |
| Costs of raising debt finance | (0.2) | — |
| Principal element of lease payments | (4.9) | (4.6) |
| Drawdown of borrowings | 18.0 | 114.0 |
| Repayment of borrowings | (29.0) | (54.0) |
| Dividends paid to the Company’s shareholders | (9.1) | (9.2) |
| Net cash (used in)/generated from financing activities | (26.0) | 64.3 |
| Net increase in cash and cash equivalents | 3.3 | 4.5 |
| Cash and cash equivalents at the beginning of the year | 29.0 | 27.4 |
| Exchange movements on cash and cash equivalents | (1.5) | (2.9) |
| Cash and cash equivalents at the end of the year | 30.8 | 29.0 |