Net cash from operating activities | 24 | 159.9 | 125.9 |
Investing activities | | | |
Purchases of property, plant and equipment | | (73.3) | (64.7) |
Proceeds on disposal of property, plant and equipment and intangible assets | | 3.7 | 7.6 |
Purchases of intangible fixed assets | | (5.2) | (6.0) |
Acquisition of businesses | | (14.2) | (23.7) |
Disposal of sundry investments | | – | 0.3 |
Disposal of businesses | | – | 1.9 |
Net cash used in investing activities | | (89.0) | (84.6) |
Financing activities | | | |
Interest received | | 0.1 | – |
Interest paid | | (2.1) | (2.3) |
Dividends paid | | (30.6) | (48.1) |
Repayments of bank loans | | (5.0) | (2.3) |
Payments of obligations under finance leases | | (0.1) | (0.1) |
New bank loans raised | | – | 5.0 |
Net cash used in financing activities | | (37.7) | (47.8) |
Net increase/(decrease) in cash and cash equivalents | | 33.2 | (6.5) |
Cash and cash equivalents at beginning of year | | 6.2 | 12.4 |
Effect of foreign exchange rate changes | | 0.2 | 0.3 |
Cash and cash equivalents at end of year | 24 | 39.6 | 6.2 |