CASH FLOWS FROM OPERATING ACTIVITIES

Group (loss)/profit for the year

(104.5)

9.1

Finance income

6

-

(0.5)

Finance expense

6

27.4

20.3

Income tax (credit)/expense

7

(16.8)

2.5

Loss/(profit) on share of equity accounted investments

13

14.9

(0.7)

Impairment of intangible asset

12

0.3

36.6

Impairment of equity accounted investments

5,13

9.1

-

Impairment of property, plant & equipment

5

1.2

1.0

Depreciation of property, plant & equipment

11,19

28.2

30.3

Amortisation of intangible assets

12

2.6

2.5

Profit on disposal

5

(5.8)

(0.9)

Net profit on disposal of property, plant & equipment

(0.4)

(0.2)

Charge for equity settled share-based payments

4

0.8

2.5

(42.5)

102.8

Decrease in inventories

18.2

38.6

Decrease/(increase) in trade & other receivables

39.6

(4.8)

(Decrease)/increase in trade & other payables

(97.2)

51.9

(78.4)

190.4

Interest received

-

0.5

Interest and similar costs paid

(23.4)

(17.9)

CASH FLOWS FROM INVESTING ACTIVITIES

Purchase of property, plant & equipment

11

(8.4)

(15.3)

Purchase of intangible assets

12

(1.6)

(4.5)

Net proceeds on disposal of property, plant & equipment

1.0

0.4

Proceeds from sale of equity accounted investment

5

-

6.1

Sale of business

10

6.7

(1.0)

CASH FLOWS FROM FINANCING ACTIVITIES

Proceeds from exercise of share options/equity interests

0.3

0.9

Drawdown of debt

570.9

192.6

Repayment of debt

(464.0)

(280.7)

Payment of lease liabilities

19

(19.0)

(18.6)

Payment of issue costs

20

(1.4)

(0.5)

Shares purchased to satisfy share option entitlements

-

(0.5)

Shares purchased under share buyback programme

25

-

(23.0)

Decrease in cash

(17.4)

(20.0)

Reconciliation of opening to closing cash

Cash at beginning of year

123.4

144.4

Translation adjustment

1.7

(1.0)