Consolidated cash flow statement
for the year ended 31 October 2011
Group |
|||
| Notes | 2011 £'000 |
2010 £'000 |
|
Cash flows from operating activities |
|||
Cash generated from operations |
24 | 46,789 | 46,205 |
Interest paid |
(21,528) | (18,564) | |
Interest received |
404 | 139 | |
Tax paid |
(16) | (19) | |
Net cash inflow from operating activities |
25,649 | 27,761 | |
Cash flows from investing activities |
|||
Expenditure on investment properties and development properties |
(35,037) | (23,313) | |
Net proceeds from disposal of development properties |
— | 559 | |
Purchase of property, plant and equipment |
(1,612) | (227) | |
Net cash outflow from investing activities |
(36,649) | (22,981) | |
Cash flows from financing activities |
|||
Equity dividends paid |
8 | (9,375) | (8,812) |
Net proceeds from issue of new borrowings |
25,000 | 326,026 | |
Debt issue costs |
— | (8,161) | |
Financial instruments |
— | (8,746) | |
Finance lease principal payments |
(5,518) | (5,635) | |
Repayment of borrowings |
— | (310,026) | |
Net cash inflow/(outflow) from financing activities |
10,107 | (15,354) | |
Net decrease in cash and cash equivalents |
(893) | (10,574) | |
Exchange gains/(losses) on cash and cash equivalents |
86 | (297) | |
Cash and cash equivalents at 1 November |
15,481 | 26,352 | |
Cash and cash equivalents at 31 October |
15,25 | 14,674 | 15,481 |
The notes, which are available in the 2011 annual report, are an integral part of these consolidated financial statements.
