Consolidated cash flow statement
For the 52 weeks ended 1 March 2008
| Notes |
52 weeks ended 1 March 2008 £m |
Short period ended 3 March 2007 £m |
|
|---|---|---|---|
| Cash flows from operating activities | |||
| Cash generated from operations | 34 | 564.2 | 620.9 |
| Interest received | 18.7 | 13.6 | |
| Interest paid | (3.6) | (51.4) | |
| Tax paid | (95.1) | (101.6) | |
| Net cash inflow from operating activities | 484.2 | 481.5 | |
| Cash flows from investing activities | |||
| Purchase of property, plant and equipment | (176.3) | (134.1) | |
| Proceeds from the disposal of property, plant and equipment | 3.4 | 3.8 | |
| Purchase of intangible assets | (35.0) | (28.3) | |
| Loan to joint venture | – | (8.1) | |
| Disposal of subsidiary – net of cash disposed | – | (3.8) | |
| Purchase of investments | (8.7) | – | |
| Disposal of investment | 3.9 | – | |
| Acquisition of businesses | 7 | (41.4) | – |
| Net cash used in investing activities | (254.1) | (170.5) | |
| Cash flows from financing activities | |||
| Purchase of own shares | 29 | – | (6.1) |
| Proceeds from the exercise of share options | 29 | 2.3 | – |
| Repayment of amounts to GUS plc | – | (50.3) | |
| Repayment of finance leases | (0.1) | (1.2) | |
| Repayment of loans | (225.0) | – | |
| Home Retail Group share of GUS plc final dividend | – | (62.0) | |
| Dividends paid | 13 | (118.9) | (34.6) |
| Net cash used in financing activities | (341.7) | (154.2) | |
| Net (decrease)/increase in cash and cash equivalents | (111.6) | 156.8 | |
| Movement in cash and cash equivalents | |||
| Cash and cash equivalents at the beginning of the period | 21 | 283.8 | 130.0 |
| Effect of foreign exchange rate changes | 1.8 | (3.0) | |
| Net (decrease)/increase in cash and cash equivalents | (111.6) | 156.8 | |
| Cash and cash equivalents at the end of the period | 21 | 174.0 | 283.8 |
