Group Cash Flow Statement
For the six months ended 30 June 2012 (unaudited)
|
Notes |
6 months |
6 months |
Year |
|
|
Cash flows from operating activities |
||||
|
Cash generated from operations |
133.7 |
155.2 |
508.8 |
|
|
Tax paid |
(43.6) |
(52.6) |
(89.1) |
|
|
Interest received |
0.2 |
0.2 |
1.0 |
|
|
Interest paid |
(11.6) |
(6.1) |
(17.4) |
|
|
Net cash generated from operating activities |
78.7 |
96.7 |
403.3 |
|
|
Cash flows from investing activities |
||||
|
Acquisitions (net of cash acquired) |
(99.7) |
(14.2) |
(14.2) |
|
|
Acquisitions: repayment of loans and financing |
(22.2) |
– |
– |
|
|
Purchases of property, plant and equipment (PPE) |
(232.6) |
(181.0) |
(418.2) |
|
|
Proceeds from sale of PPE |
5.0 |
5.5 |
12.6 |
|
|
Net cash used in investing activities |
(349.5) |
(189.7) |
(419.8) |
|
|
Cash flows from financing activities |
||||
|
Net proceeds from issue of ordinary shares |
2.2 |
1.2 |
1.6 |
|
|
Increase in long-term loans |
489.2 |
283.3 |
697.3 |
|
|
Repayment of long-term loans |
(238.4) |
(119.8) |
(450.0) |
|
|
Net movement in short-term loans |
26.4 |
(3.7) |
2.4 |
|
|
Dividends paid to shareholders |
(36.2) |
(33.2) |
(52.1) |
|
|
Return of capital to shareholders |
(1.6) |
– |
(147.7) |
|
|
Purchase of treasury shares |
(11.1) |
– |
(10.1) |
|
|
Net cash generated from financing activities |
230.5 |
127.8 |
41.4 |
|
|
Net (decrease)/increase in cash |
(40.3) |
34.8 |
24.9 |
|
|
Cash and cash equivalents at beginning of the period |
34.5 |
10.2 |
10.2 |
|
|
Exchange loss on cash and cash equivalents |
(0.2) |
(0.2) |
(0.6) |
|
|
Cash and cash equivalents at end of the period |
(6.0) |
44.8 |
34.5 |