Company cash generated from operations |
Notes |
2005
£m |
2004
£m |
|
| Profit/(loss) on ordinary activities before taxation |
|
63.1 |
(4.4) |
| Interest paid |
|
9.2 |
0.2 |
| Unrealised losses/(gains) on investments |
|
(2.0) |
0.1 |
| Net purchases of financial investments |
|
(0.5) |
(0.4) |
| Increase in loans and receivables |
|
69.5 |
(25.4) |
| (Decrease)/increase in trade and other payables |
|
36.5 |
(12.9) |
| Income taxes (paid)/received |
|
(14.1) |
0.4 |
| Interest paid |
|
(9.2) |
(0.2) |
|
Cash generated from operations |
|
152.5 |
(42.6) |
|
| Cash flows from investing activities |
|
|
|
| Contribution to the surplus capital of Amlin Bermuda Ltd |
|
(578.6) |
- |
| Acquisition of subsidiary, net of cash acquired |
|
(0.2) |
(2.5) |
|
Net cash used in investing activities |
|
(578.8) |
(2.5) |
|
Cash flows from financing activities |
|
|
|
| Proceeds from issue of ordinary shares |
|
223.5 |
3.2 |
| Proceeds from borrowings |
|
266.1 |
58.5 |
| Repayment of borrowings |
|
(32.0) |
(0.4) |
| Dividends paid to shareholders |
|
(30.6) |
(15.3) |
|
| Net cash from financing activities |
|
427.0 |
46.0 |
|
| Net increase in cash and cash equivalents |
|
(0.2) |
0.6 |
| Cash and cash equivalents at beginning of year |
|
0.9 |
0.4 |
|
Cash and cash equivalents at end of year |
|
0.7 |
0.9 |
|
Print
Top