Key Financial Data

Year ended 31st May 2009 Year to
  31st May
2009
£m
31st May
2008
£m
 
Operating activities  
Cash generated from operations 145.2 53.0  
Taxation (16.7) (17.1)  
Net cash flow from operating activities 128.5 35.9  
Investing activities
Investment income received 3.7 3.5  
Purchase of property, plant and equipment (46.0) (37.6)  
Proceeds from sale of property, plant and equipment 4.1 9.8  
Proceeds from sale of intangible assets 4.3 -  
Proceeds from sale of current asset investments - 13.8  
Acquisition of intangible assets (3.6) (0.7)  

Acquisition of minority interest

(5.2) -  
Acquisition of subsidiary - (74.4)  
Loans granted to joint ventures (0.5) (9.9)  
Net cash flow from investing activities (43.2) (95.5)  
Financing activities
Interest paid (5.5) (3.3)  
Dividends paid to minority interests (2.3) (2.2)  
Purchase of shares for ESOT (0.7) (0.2)  
Dividends paid to Company shareholders (20.5) (18.5)  
Net (decrease)  / increase in borrowings (10.5) 67.8  
Net cash flow (used in) / received from financing activities (39.5) 43.6  
Net increase / (decrease) in cash, cash equivalents and bank overdrafts 45.8 (16.0)  
Cash, cash equivalents and bank overdrafts  at the beginning of the year 38.1 50.1  
Effect of foreign exchange rates (1.1) 4.0  
Cash, cash equivalents and bank overdrafts at the end of the year 82.8 38.1