| |
Notes |
Unaudited
Six months
ended
30 September
2007
£m |
Unaudited
Six months
ended
30 September
2006
£m |
Audited
Year
ended
31 March
2007
£m |
| Cash flows from operating activities |
|
|
|
|
| Cash used in operations |
10 |
(4.4) |
(4.2) |
(4.8) |
| Interest paid |
|
(0.8) |
(2.1) |
(3.1) |
| Interest received |
|
0.1 |
0.7 |
0.8 |
| Taxes paid |
|
(0.1) |
(0.5) |
(0.5) |
| Net cash used in operating activities |
|
(5.2) |
(6.1) |
(7.6) |
| |
|
|
|
|
| Cash flows from investing activities |
|
|
|
|
| Proceeds from sale of available for sale investments |
|
- |
0.1 |
0.1 |
| Net proceeds from disposals of businesses |
|
- |
16.1 |
17.4 |
| Purchases of property, plant and equipment |
|
(0.1) |
(1.0) |
(1.0) |
| Expenditure on product development |
|
(0.1) |
- |
(0.7) |
| Net cash (used in) / from investing
activities |
|
(0.2) |
15.2 |
15.8 |
| |
|
|
|
|
| Cash flows from financing activities |
|
|
|
|
| Repayment of borrowings |
|
(11.1) |
(69.9) |
(73.0) |
| Draw down of bank facilities |
|
8.0 |
50.0 |
60.0 |
| Proceeds from new equity issues |
|
6.4 |
- |
- |
| Net cash generated
from / (used in) financing activities |
3.3 |
(19.9) |
(13.0) |
| |
|
|
|
|
| Net decrease in cash |
|
(2.1) |
(10.8) |
(4.8) |
| Cash and bank overdrafts at beginning of period |
|
3.6 |
8.4 |
8.4 |
| Cash / (bank overdrafts) at
end of period |
11 |
1.5 |
(2.4) |
3.6 |