Financial Information

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Consolidated Cash Flow Statement


For the year ended 31 December 2007

Note 2007
£'000
2006
£'000
Cash flow from operating activities
Cash generated from operations 9 7,952 10,578
Interest paid (149) (274)
Tax paid (2,036) (3,233)
Net cash generated from operating activities 5,767 7,071
Cash flow from investing activities
Purchase of minority interest in subsidiary - (36)
Purchase of property, plant and equipment (PPE) (786) (1,407)
Proceeds from sale of PPE 41 156
Intangible assets expenditure (2,485) (1,503)
Proceeds from disposal of intangible assets   - 1,193
Investment in an available-for-sale asset (9)   
Interest received 363 347
Net cash used in investing activities (2,876) (1,250)
Cash flow from financing activities
Proceeds from issue of share capital 34 109
Payments to ESOP (1,976) (523)
Repayment of borrowings (477) (82)
Payments of finace lease liabilities (9) (59)
Dividends paid (1,030) (917)
Net cash used in financing activities (3,458) (1,472)
Net (decrease)/ increase in net cash (including bank overdrafts) (567) 4,349
Cash and bank equivalents at beginning of year 11,160 6,811
Cash and bank equivalents at end of year 10,593 11,160


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