Consolidated
cash flow statement
for
the year ended 31 December 2001
| Note |
2001 £000 |
2001 £000 |
2000 £000 |
2000 £000 |
|
| Net cash inflow from operating activities | 22 | 32,187 | 19,558 | ||
| Returns on investment and servicing of finance | |||||
| Interest received | 482 | 664 | |||
| Interest paid | (1,951) | (1,224) | |||
| Interest element of finance lease rental payments | (71) | (82) | |||
| Finance costs of new bank loans | (1,646) | (172) | |||
| Payments to minority interests | (115) | (184) | |||
| (3,301) | (998) | ||||
| Taxation | |||||
| UK corporation tax paid | (505) | (821) | |||
| Overseas tax paid | (7,732) | (5,014) | |||
| (8,237) | (5,835) | ||||
| Capital expenditure | |||||
| Purchase of intangible fixed assets | (72) | (119) | |||
| Purchase of tangible fixed assets | (11,385) | (9,779) | |||
| Sale of tangible fixed assets | 1,223 | 1,040 | |||
| (10,234) | (8,858) | ||||
| Acquisitions and disposals | |||||
| Acquisition of subsidiary undertakings | (67,343) | (9,058) | |||
| Net cash acquired with subsidiary undertakings | 13 | 271 | |||
| (67,330) | (8,787) | ||||
| Equity dividends paid | (5,000) | (4,571) | |||
| Net cash outflow before use of liquid resources and financing | (61,915) | (9,491) | |||
| Management of liquid resources | |||||
| Repayments from short term bank deposits | 947 | 2,978 | |||
| Financing | |||||
| Issue of new shares | 7,944 | 41 | |||
| New bank loans drawn | 62,153 | 9,868 | |||
| Repayment of bank loans and loan notes | (18,407) | (4,211) | |||
| Sale and leaseback transactions |
887
|
-
|
|||
| Capital element of finance lease rental payments | (396) | (307) | |||
| Net cash inflow from financing | 52,181 | 5,391 | |||
| Decrease in cash in the year | 23 | (8,787) | (1,122) | ||