| |
Notes |
(Unaudited)
Six months
ended
30 September
2008
£m |
(Unaudited)
Six months
ended
30 September
2007
£m |
(Audited)
Year
ended
31 March
2008
£m |
| Cash flows from operating activities |
|
|
|
|
| Cash used in operations |
12 |
(4.7) |
(4.4) |
(2.6) |
| Interest paid |
|
(0.8) |
(0.8) |
(1.7) |
| Interest received |
|
0.2 |
0.1 |
0.1 |
| Taxes (paid) / received |
|
- |
(0.1) |
0.2 |
| Net cash used in operating activities |
|
(5.3) |
(5.2) |
(4.0) |
| Cash flows from investing activities |
|
|
|
|
| Acquisition of subsidiary, net of cash acquired |
6 |
(35.8) |
- |
- |
| Purchases of property, plant and equipment |
|
(0.2) |
(0.1) |
(0.3) |
| Expenditure on product development |
|
- |
(0.1) |
(0.1) |
| Net cash used in investing activities |
|
(36.0) |
(0.2) |
(0.4) |
| Cash flows from financing activities |
|
|
|
|
| Repayment of borrowings |
|
(20.4) |
(11.1) |
(24.6) |
| Draw down of bank facilities |
|
26.9 |
8.0 |
20.0 |
| Proceeds from new equity issues |
|
36.2 |
6.4 |
6.4 |
| Net cash generated from financing activities |
42.7 |
3.3 |
1.8 |
| Net increase / (decrease) in cash |
|
1.4 |
(2.1) |
(2.6) |
| Cash at beginning of period |
|
1.0 |
3.6 |
3.6 |
| Cash at end of period |
|
2.4 |
1.5 |
1.0 |