Group Cash Flow Statement
For the year ended 31 December 2011
|
Notes |
2011 |
2010 |
|
|
Cash flows from operating activities |
|||
|
Cash generated from operations |
508.8 |
467.9 |
|
|
Tax paid |
(89.1) |
(68.4) |
|
|
Interest received |
1.0 |
0.5 |
|
|
Interest paid |
(17.4) |
(10.6) |
|
|
Net cash generated from operating activities |
403.3 |
389.4 |
|
|
Cash flows from investing activities |
|||
|
Acquisitions (net of cash acquired) |
(14.2) |
(15.4) |
|
|
Purchases of property, plant and equipment (PPE) |
(418.2) |
(268.8) |
|
|
Proceeds from sale of PPE |
12.6 |
7.8 |
|
|
Net cash used in investing activities |
(419.8) |
(276.4) |
|
|
Cash flows from financing activities |
|||
|
Net proceeds from issue of ordinary shares |
1.6 |
1.7 |
|
|
Increase in long-term loans |
697.3 |
216.1 |
|
|
Repayment of long-term loans |
(450.0) |
(269.6) |
|
|
Net movement in short-term loans |
2.4 |
1.9 |
|
|
Dividends paid to shareholders |
(52.1) |
(39.7) |
|
|
Return of capital to shareholders |
(147.7) |
– |
|
|
Purchase of treasury shares |
(10.1) |
(27.2) |
|
|
Net cash from/(used in) financing activities |
41.4 |
(116.8) |
|
|
Net increase/(decrease) in cash and cash equivalents |
24.9 |
(3.8) |
|
|
Cash and cash equivalents at beginning of the year |
10.2 |
13.5 |
|
|
Exchange (loss)/gain on cash and cash equivalents |
(0.6) |
0.5 |
|
|
Cash and cash equivalents at end of the year |
34.5 |
10.2 |