Group Cash Flow Statement
For the year ended 31 December 2012
|
|
Notes |
2012 |
2011 |
|
Cash flows from operating activities |
|
|
|
|
Cash generated from operations |
478.7 |
508.8 |
|
|
Tax paid |
|
(83.0) |
(89.1) |
|
Interest received |
|
1.9 |
1.0 |
|
Interest paid |
|
(25.1) |
(17.4) |
|
Net cash generated from operating activities |
|
372.5 |
403.3 |
|
|
|
|
|
|
Cash flows from investing activities |
|
|
|
|
Acquisitions (net of cash acquired) |
(104.4) |
(14.2) |
|
|
Acquisitions: repayment of loans and financing |
(22.2) |
– |
|
|
Purchases of property, plant and equipment (PPE) |
|
(439.6) |
(418.2) |
|
Proceeds from sale of PPE |
12.6 |
12.6 |
|
|
Net cash used in investing activities |
|
(553.6) |
(419.8) |
|
|
|
|
|
|
Cash flows from financing activities |
|
|
|
|
Net proceeds from issue of ordinary shares |
|
2.7 |
1.6 |
|
Increase in long-term loans |
|
857.4 |
697.3 |
|
Repayment of long-term loans |
|
(649.7) |
(450.0) |
|
Net movement in short-term loans |
|
8.2 |
2.4 |
|
Dividends paid to shareholders |
|
(58.2) |
(52.1) |
|
Return of capital to shareholders |
(1.6) |
(147.7) |
|
|
Purchase of treasury shares |
|
(11.1) |
(10.1) |
|
Net cash from financing activities |
|
147.7 |
41.4 |
|
|
|
|
|
|
Net (decrease)/increase in cash and cash equivalents |
|
(33.4) |
24.9 |
|
Cash and cash equivalents at beginning of the year |
|
34.5 |
10.2 |
|
Exchange gain/(loss) on cash and cash equivalents |
|
0.3 |
(0.6) |
|
Cash and cash equivalents at end of the year |
1.4 |
34.5 |