Profit for the year | 67.0 | 56.0 |
Adjustments for: | | |
Investment revenue | (0.2) | (0.2) |
Finance costs | 3.8 | 4.8 |
Taxation | 22.8 | 19.8 |
Depreciation of property, plant and equipment | 48.7 | 48.2 |
Amortisation of intangible assets | 4.2 | 2.9 |
Loss on disposal of property, plant and equipment | 0.1 | 0.7 |
Share-based payments | 3.9 | 5.4 |
Impairment / (reversal of impairment) of fixed assets | 0.7 | (0.1) |
Impairment charge | – | 4.2 |
Negative goodwill released to income | – | (0.6) |
Gain on disposal of businesses | (2.4) | – |
EBITDA* | 148.6 | 141.1 |
Increase in inventories | (1.8) | (2.8) |
Decrease / (increase) in receivables | 0.3 | (7.9) |
Increase in payables | 6.4 | 8.9 |
Decrease in provisions | (2.8) | (4.5) |
Cash generated by operations | 150.7 | 134.8 |
Cash (outflow) / inflow from settlement of derivative financial instruments | (0.2) | 0.3 |
Income taxes paid | (19.3) | (15.3) |
Net cash from operating activities | 131.2 | 119.8 |