Annual Report 2014

COMPANY CASH FLOW STATEMENT

For the year ended 28 February 2014

 

2014

2013

 

€m

€m

 

CASH FLOWS FROM OPERATING ACTIVITIES

Loss for the year attributable to equity shareholders

(4.9)

(3.4)

Finance expense

-

1.8

 

(4.9)

(1.6)

 

Increase in other payables

0.4

0.4

Interest paid and similar costs

(0.2)

(1.6)

 

Net cash outflow from operating activities

(4.7)

(2.8)

 

CASH FLOWS FROM INVESTING ACTIVITIES

Funding of cash requirements of subsidiary undertakings

-

(5.3)

 

Net cash outflow from investing activities

-

(5.3)

 

 

CASH FLOWS FROM FINANCING ACTIVITIES

Movement in loans with subsidiary undertakings

27.7

71.3

Proceeds from exercise of share options

5.0

3.5

Proceeds from issue of shares following acquisition of subsidiary

-

5.3

Bank loans repaid

-

(60.0)

Dividends paid

(27.9)

(21.2)

 

Net cash inflow/(outflow) from financing activities

4.8

(1.1)

 

Net increase /(decrease) in cash & cash equivalents

0.1

(9.2)

Cash & cash equivalents at beginning of year

0.1

9.3

 

Cash & cash equivalents at end of year

0.2

0.1

On behalf of the Board

Sir B Stewart

S Glancey

Chairman

Group Chief Executive Officer