CASH FLOWS FROM OPERATING ACTIVITIES

Group profit/(loss) for the year

37.1

(104.5)

Finance income

6

(0.2)

-

Finance expense

6

22.8

27.4

Income tax expense/(credit)

7

8.6

(16.8)

(Profit)/loss on share of equity accounted investments

13

(5.3)

14.9

Impairment of intangible asset

12

0.6

0.3

Impairment of equity accounted investments

5,13

6.4

9.1

(Revaluation)/ impairment of property, plant & equipment

5

(0.6)

1.2

Depreciation of property, plant & equipment

11,19

29.2

28.2

Amortisation of intangible assets

12

2.6

2.6

Profit on disposal

5

(4.5)

(5.8)

Net profit on disposal of property, plant & equipment

(1.6)

(0.4)

Rights Issue costs recorded as exceptional

5

2.6

-

Charge for equity settled share-based payments

4

1.5

0.8

99.5

(42.5)

(Increase)/decrease in inventories

(43.6)

18.2

(Increase)/decrease in trade & other receivables

(84.0)

39.6

Increase/(decrease) in trade & other payables

89.6

(97.2)

60.6

(78.4)

Interest and similar costs paid

(24.4)

(23.4)

CASH FLOWS FROM INVESTING ACTIVITIES

Purchase of property, plant & equipment

11

(14.9)

(8.4)

Purchase of intangible assets

12

(2.2)

(1.6)

Net proceeds on disposal of property, plant & equipment

2.3

1.0

Sale of business – net of cash disposed

10

12.9

6.7

CASH FLOWS FROM FINANCING ACTIVITIES

Proceeds from exercise of share options/equity interests

0.7

0.3

Proceeds from Rights Issue

5

176.3

-

Drawdown of debt

49.5

570.9

Repayment of debt

(271.7)

(464.0)

Payment of lease liabilities

19

(21.9)

(19.0)

Payment of issue costs

20

-

(1.4)

Payment of Rights Issue costs

5

(9.2)

-

Net decrease in cash

(45.5)

(17.4)

Reconciliation of opening to closing cash

Cash at beginning of year

107.7

123.4

Translation adjustment

2.5

1.7