Consolidated and parent Company statement of cash flows

For the Year Ended 31 December 2016

 

 

 

 

 

 

 

Group year ended

31 December

2015

£000

Group year ended

31 December

2014

£000

Net cash used in operating activities

 

(56,294)

(52,431)

Investing activities

 

 

 

Purchase of property, plant and equipment

 

(920)

(279)

Purchase of intangible assets

 

(8,618)

(851)

Dividends received from associates

 

658

Acquisition of associate

 

-

(11,419)

Acquisition of subsidiary, net of cash acquired

 

(15,581)

(97,121)

Net cash used in investing activities

 

(24,461)

(109,670)

Financing activities

 

 

 

Net proceeds from additional loans

 

35,835

27,097

Proceeds from senior notes (net of fees)

 

81,560

168,333

Repayment of interest on senior notes

 

(27,365)

(17,325)

Repurchase of own shares

 

(1,374)

Repayment of other interest

 

(718)

Repayment of bank loan

 

(42,579)

Receipt of loan notes

 

579

-

Bank fees paid

 

(4,304)

(2,790)

Payment of dividends

 

(8,889)

(2,961)

Net cash flow generated by/ (used in)  financing activities

 

76,042

129,057

Net (decrease)/ increase in cash and cash equivalents

 

(4,713)

(33,044)

Cash and cash equivalents at beginning of year

 

14,542

47,520

Effect of exchange rates on cash and cash equivalents

 

354

66

Cash and cash equivalents at end of year

 

10,183

14,542