Net cash from operating activities | 26 | 111.3 | 131.6 |
Investing activities | | | |
Purchases of property, plant and equipment | | (61.1) | (55.3) |
Proceeds on disposal of property, plant and equipment and intangible assets | | 5.4 | 5.6 |
Purchases of intangible fixed assets | | (5.6) | (4.1) |
Acquisition of businesses | | – | (2.7) |
Purchase of sundry investments | | (0.2) | (0.1) |
Disposal of sundry investments | | – | 1.8 |
Disposal of subsidiary undertakings | | 1.6 | – |
Net cash used in investing activities | | (59.9) | (54.8) |
Financing activities | | | |
Interest received | | 0.1 | 0.1 |
Interest paid | | (2.7) | (2.8) |
Dividends paid | | (66.0) | (45.2) |
Repayments of bank loans | | – | (0.5) |
Payments of obligations under finance leases | | (0.2) | (0.1) |
New bank loans raised | | 0.5 | – |
Own shares purchased / settlement of share options | | (6.7) | (7.0) |
Net cash used in financing activities | | (75.0) | (55.5) |
Net (decrease) / increase in cash and cash equivalents | | (23.6) | 21.3 |
Cash and cash equivalents at beginning of year | | 36.0 | 15.3 |
Effect of foreign exchange rate changes | | – | (0.6) |
Cash and cash equivalents at end of year | 26 | 12.4 | 36.0 |