| |
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 |
 |