Financial highlights
Consolidated Statement of Cash Flow
For year ended 30 April 2012
|
|
2012
£’000 |
2011
£’000 |
| Cash flows from operating activities |
|
|
|
| Profit for the year |
|
33,949 |
23,006 |
| Adjustments for: |
|
|
|
| Depreciation and amortisation |
|
41,206 |
31,437 |
| Loss on disposal of property, plant and equipment |
|
33 |
43 |
| Equity settled share-based payments and associated costs |
|
8,051 |
6,413 |
| Profit on disposal of available-for-sale financial asset |
|
- |
(1,158) |
| Share of loss of equity accounted investments |
|
(4,292) |
911 |
| Net finance income |
|
(3,344) |
(1,531) |
| Tax |
|
7,619 |
3,611 |
| Increase in trade and other receivables |
|
(8,421) |
(1,102) |
| (Decrease) / increase in trade and other payables |
|
26,087 |
(989) |
| Cash generated from operations |
|
100,888 |
60,641 |
| Tax paid |
|
(4,499) |
(2,958) |
| Net cash flows generated from operating activities |
|
96,389 |
57,683 |
| Cash flows from investing activities |
|
|
|
| Acquisition of property, plant and equipment |
|
(14,357) |
(21,552) |
| Proceeds from sale of property, plant and equipment |
|
19 |
386 |
| Acquisition of other intangible assets |
|
(15,366) |
(12,616) |
| Capitalised development expenditure |
|
(29,353) |
(27,895) |
| Acquisition of interest in subsidiary, net of cash acquired |
|
(85) |
(192) |
| Cash injection in jointly controlled entities |
|
- |
(230) |
| Disposal / (acquisition) of available-for-sale financial assets |
|
- |
3,428 |
| Finance income received |
|
1,330 |
976 |
| Net cash flows used in investing activities |
|
(57,812) |
(57,695) |
| Cash flows from financing activities |
|
|
|
| Proceeds from the issue of share capital |
|
1,303 |
6,619 |
| Proceeds from sale of shares in LMAX |
|
- |
4,829 |
| Dividends paid |
|
(9,561) |
- |
| Purchase and cancellation of own shares |
|
(50,216) |
- |
| Purchase of own shares by the EBT |
|
(120) |
(7,225) |
| Sale of own shares by the EBT |
|
1,010 |
117 |
| Net cash flows from financing activities |
|
(57,584) |
4,340 |
| Net increase in cash and cash equivalents |
|
(19,007) |
4,328 |
| Cash and cash equivalents at the beginning of the year |
|
155,038 |
150,947 |
| Effect on exchange rate fluctuations on cash held |
|
(623) |
(237) |
| Cash and cash equivalents at year end |
|
135,408 |
155,038 |
Most computers will open PDF documents automatically, but you may need to download
Adobe Reader.