| Cash flow from operating activities |
|
|
|
| Profit before income tax |
|
0.1 |
0.7 |
| Adjustments for: |
|
|
|
| — Finance income |
|
(0.4) |
(1.1) |
| Changes in working capital: |
|
|
|
| — Movement in other receivables |
|
(49.6) |
(79.2) |
| — Movement in trade and other payables |
|
(0.1) |
9.2 |
| Net cash outflow from operations |
|
(50.0) |
(70.4) |
| Interest paid on behalf of Group undertakings |
|
(0.1) |
(0.1) |
| Net cash outflow from operating activities |
|
(50.1) |
(70.5) |
| Cash flow from investing activities |
|
|
|
| Interest received |
|
0.6 |
0.9 |
| Decrease in short-term investment |
|
— |
30.0 |
| Net cash from investing activities |
|
0.6 |
30.9 |
| Cash flow from financing activities |
|
|
|
| Proceeds from issue of ordinary share capital net of transaction costs |
|
35.1 |
1.0 |
| Proceeds from borrowings received on behalf of Group undertakings |
|
— |
9.5 |
| Net cash from financing activities |
|
35.1 |
10.5 |
| Net decrease in cash and cash equivalents |
|
(14.4) |
(29.1) |
| Cash and cash equivalents at beginning of period |
|
85.3 |
114.4 |
| Cash and cash equivalents at end of period |
3.2.2 |
70.9 |
85.3 |