Statement of cash flows

Audited statement of cash flows

 

    Six months ended
    30 September
    2016 2015
  Notes £m £m
Cash flows from operating activities      
Net cash generated from operations 10 216.8  216.5 
Interest received   8.9  1.0 
Interest paid   (83.4) (99.7)
Employer contributions to defined benefit pension scheme   (0.4) (0.4)
Capital expenditure on trading properties   (5.6) (20.1)
Disposal of trading properties   50.3  58.3 
Corporation tax paid   (0.1)
Net cash inflow from operating activities   186.6  155.5 
       
Cash flows from investing activities      
Investment property development expenditure   (21.4) (55.6)
Acquisition of investment properties and other investments   (14.4) (94.8)
Other investment property related expenditure   (38.7) (65.3)
Disposal of investment properties   14.0  344.3 
Expenditure on non-property related non-current assets   (7.4) (2.7)
Receipt of long-term loan investment   49.5 
Disposal of investment in joint venture   3.6 
Cash contributed to joint ventures 12 (31.6) (14.6)
Loan advances to joint ventures 12 (29.5) (63.1)
Loan repayments by joint ventures 12 7.4  6.4 
Distributions from joint ventures 12 41.2  43.6 
Net cash (outflow)/inflow from investing activities   (76.8) 147.7 
       
Cash flows from financing activities      
Cash received on issue of shares arising from exercise of share options   2.1  4.0 
Purchase of own shares and treasury shares   (4.9) (12.4)
Proceeds from new loans (net of finance fees) 15 324.3  142.1 
Repayment of loans 15 (293.7) (312.1)
Decrease in monies held in restricted accounts and deposits   1.9  3.0 
Redemption of medium term notes   (10.2)
Decrease in finance leases payable   (0.4)
Dividends paid to owners of the parent 9 (135.8) (124.2)
Distributions paid by non-wholly owned subsidiaries   (0.9) (1.2)
Net cash outflow from financing activities   (117.6) (300.8)
       
(Decrease)/increase in cash and cash equivalents for the period   (7.8) 2.4 
Cash and cash equivalents at the beginning of the period   24.7  14.3 
Cash and cash equivalents at the end of the period   16.9  16.7 

 

This page took 0.5940 seconds to generate and - Total loading time was