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Cash flow statement

Consolidated cash flow statement
For the period ended 2 April 2007
  Notes Period ended
2 April
2007
£m
Year ended
31 March
2006
£m
Operating activities      
Cash flows from operating activities 31 (21.0) (32.4)
Restructuring and redundancy costs paid (7.7) (16.8)
Income taxes received 1.0
Net interest costs paid (7.5) (7.4)
Net cash used in operating activities (35.2) (56.6)
     
Investing activities      
Dividends received from joint ventures and associates 3.2 0.6
Purchase of property, plant and equipment (4.2) (8.1)
Disposal of businesses, net of cash and cash equivalents disposed 5.1 19.1
Disposal of property, plant and equipment 0.4
Disposal of property assets classified as held for sale 0.8
Net cash from investing activities 4.1 12.8
     
Financing activities      
Net proceeds from issue of ordinary shares 27.4 43.9
Proceeds from new debt 51.2 24.0
Repayment of old debt (29.1) (21.9)
Finance lease principal repayments (0.5) (1.2)
Net cash from financing activities 49.0 44.8
     
Net increase in cash and cash equivalents 17.9 1.0
     
Opening cash and cash equivalents 9.7 8.7
Closing cash and cash equivalents 27.6 9.7
Cash and cash equivalents comprise:      
– Unrestricted cash 24.7 5.6
– Restricted use cash* 2.9 3.9
27.6 9.5
Net cash in disposal groups held for sale 0.2
Total cash and cash equivalents 27.6 9.7

*Use is restricted to certain contracts in accordance with defined contractual obligations.


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