142 Amortisation 307 - Profit on disposal of fixed assets (4) (180) Share of Joint Venture profit (36) 15 Amortisation of loan fees 16 - Past service cost of pension scheme 45 107 Interest cost on pension scheme liabilities 108 90 Equity-settled share-based payment expenses 43 1,600 Non-cash items adjustment 1,712 (ii) Other items: (15) Bank interest receivable (99) 17 Bank interest payable 39 246 Finance lease interest payable 262 (711) Gain on disposal of FOGL shares - - Pension settlement profit (64) 750 Corporation and deferred tax expense 771 287 Other adjustments 909 Operating cash flow before changes in working capital and provisions 5,031 5,254 1,733 Decrease / (increase) in trade and other receivables (888) 1,406 Decrease / (increase) in inventories (1,593) (879) (Decrease) / increase in trade and other payables 927 (115) Decrease in provisions and employee benefits (122) 2,145 Changes in working capital and provisions (1,676) 7,176 Cash generated from operations 3,578 (792) Corporation taxes paid (780) 6,384 Net cash flow from operating activities 2,798 Cash flows from investing activities (4,597) Purchase of property, plant and equipment (4,933) (132) Purchase of computer software (41) 86 Proceeds from the disposal of property, plant & equipment 21 2,287 Proceeds received from the sale of FOGL shares - - Cash received on transfer of pension scheme 46 (215) Acquisition of a business - 151 Loans to Joint Venture (529) 15 Interest received 99 Net cash flow from investing activities (2,405) (5,337) Consolidated Cash Flow Statement (continued) FOR THE YEAR ENDED 31 MARCH 2015 2015 2014 £'000 £'000 Cash flow from financing activities (260) Increase in finance leases receivable (238) (1,391) Repayment of secured loan (1,396) 701 Bank loan drawn down - (17) Interest paid (39)
Amortisation 142 307 Profit on disposal of fixed assets - (4) Share of Joint Venture profit (180) (36) Amortisation of loan fees 15 16 Past service cost of pension scheme - 45 Interest cost on pension scheme liabilities 107 108 Equity-settled share-based payment expenses 90 43 Non-cash items adjustment 1,600 1,712 (ii) Other items: Bank interest receivable (15) (99) Bank interest payable 17 39 Finance lease interest payable 246 262 Gain on disposal of FOGL shares (711) - Pension settlement profit - (64) Corporation and deferred tax expense 750 771 Other adjustments 287 909 Operating cash flow before changes in working capital and provisions 5,031 5,254 Decrease / (increase) in trade and other receivables 1,733 (888) Decrease / (increase) in inventories 1,406 (1,593) (Decrease) / increase in trade and other payables (879) 927 Decrease in provisions and employee benefits (115) (122) Changes in working capital and provisions 2,145 (1,676) Cash generated from operations 7,176 3,578 Corporation taxes paid (792) (780) Net cash flow from operating activities 6,384 2,798 Cash flows from investing activities Purchase of property, plant and equipment (4,597) (4,933) Purchase of computer software (132) (41) Proceeds from the disposal of property, plant & equipment 86 21 Proceeds received from the sale of FOGL shares 2,287 - Cash received on transfer of pension scheme - 46 Acquisition of a business (215) - Loans to Joint Venture 151 (529) Interest received 15 99 Net cash flow from investing activities (2,405) (5,337) Consolidated Cash Flow Statement (continued) FOR THE YEAR ENDED 31 MARCH 2015 2015 2014 £'000 £'000 Cash flow from financing activities Increase in finance leases receivable (260) (238) Repayment of secured loan (1,391) (1,396) Bank loan drawn down 701 - Interest paid (17) (39)
Final%20Results%20for%20the%20year%20ended%2031%20March%202015.docx