Profit for the year | 103.6 | 97.3 |
| | |
Adjustments for: | | |
Investment revenue | (0.2) | (0.1) |
Finance costs | 2.1 | 2.5 |
Taxation | 28.6 | 19.7 |
Depreciation of property, plant and equipment | 60.1 | 58.1 |
Amortisation of intangible assets | 5.6 | 6.2 |
Profit on disposal of property, plant and equipment | (1.7) | (0.7) |
Share-based payments | 3.8 | 7.8 |
Impairment of fixed assets | 1.8 | 0.4 |
Loss on disposal of businesses | 0.6 | – |
EBITDA (See note 1) | 204.3 | 191.2 |
(Increase)/decrease in inventories | (3.9) | 0.5 |
Increase in receivables | (4.0) | (17.0) |
Increase in payables | 5.1 | 10.2 |
Decrease in provisions | (3.7) | (2.1) |
Cash generated by operations | 197.8 | 182.8 |
Income taxes paid | (24.5) | (22.9) |
Net cash from operating activities | 173.3 | 159.9 |