 |
|
|
|
|
|
|
|
|
|
Notes |
|
2002
£m |
|
|
2001
£m |
|
 |
| Net cash inflow |
|
31 |
|
209.1 |
|
|
116.8 |
|
|
|
| Servicing of finance |
|
| Interest paid on loan capital |
|
|
|
(0.5 |
) |
|
(0.7 |
) |
|
|
| Net cash outflow from servicing of finance |
|
|
|
(0.5 |
) |
|
(0.7 |
) |
|
|
| Taxation |
|
| Corporation tax received |
|
|
|
0.9 |
|
|
3.7 |
|
|
|
| Capital expenditure |
|
| Purchase of tangible assets |
|
|
|
(0.9 |
) |
|
(6.7 |
) |
|
| Purchase of intangible assets |
|
|
|
(46.0 |
) |
|
– |
|
|
|
| Net purchases of tangible and intangible assets |
|
|
|
(46.9 |
) |
|
(6.7 |
) |
|
|
| Equity dividends paid |
|
|
|
(2.9 |
) |
|
(4.1 |
) |
|
|
| Financing |
|
| Issue of new shares net of issue costs |
|
|
|
135.8 |
|
|
1.2 |
|
|
| Repayment of borrowings |
|
32 |
|
(1.1 |
) |
|
(0.9 |
) |
|
|
| Net cash inflow from financing activities |
|
|
|
134.7 |
|
|
0.3 |
|
|
|
| Net cash flows |
|
32 |
|
294.4 |
|
|
109.3 |
|
|
|
| |
| Cash flows were invested as follows: |
|
| Increase in cash holdings |
|
|
|
7.7 |
|
|
16.1 |
|
|
| (Increase) decrease in deposits |
|
|
|
2.4 |
|
|
(11.7 |
) |
|
|
|
|
|
10.1 |
|
|
4.4 |
|
|
|
| Net portfolio investment |
|
| Purchase of investments |
|
|
|
457.3 |
|
|
305.4 |
|
|
| Sale of investments |
|
|
|
(173.0 |
) |
|
(200.5 |
) |
|
|
| Net purchases of investments |
|
|
|
284.3 |
|
|
104.9 |
|
|
|
| Net investment of cash flows |
|
|
|
294.4 |
|
|
109.3 |
|
|
|
