Consolidated statement of cash flows for the 53 weeks ended 2 December 2012

Notes53 weeks
ended
2 December 2012
£m
52 weeks
ended
27 November 2011
£m
Cash flows from operating activities
Loss before tax (0.6) (2.4)
Adjustments for:
— Depreciation of property, plant and equipment 3.2.1 22.8 21.3
— Amortisation expense 3.1.1 6.2 5.4
— Impairment of property, plant and equipment 3.2.1 1.0 0.1
— Movement in provision for dilapidations expense 3.5.1 0.1 0.2
— Movement in provision for insurance claims 3.5.1 (0.1) 0.5
— Share-based payments charge 2.1.4 0.9 0.6
— Foreign exchange movements (0.4) (0.3)
— Finance income 4.3.1 (0.4) (1.2)
— Finance costs 4.3.1 4.0 4.7
Changes in working capital:
— Movement in inventories (3.2) (1.8)
— Movement in trade and other receivables 5.8 (17.8)
— Movement in trade and other payables 3.6 17.0
Cash generated from operations 39.7 26.3
Interest paid (7.7) (6.2)
Net cash flows from operating activities 32.0 20.1
Cash flows from investing activities
Purchase of property, plant and equipment (82.6) (105.2)
Purchase of intangible assets (14.2) (9.0)
Decrease in short-term investment 30.0
Interest received 0.4 1.0
Net cash flows from investing activities (96.4) (83.2)
Cash flows from financing activities
Proceeds from the issue of ordinary share capital net of transaction costs 4.6.1 35.1 1.3
Proceeds from borrowings 50.1 39.3
Repayment of borrowings (2.8) (2.3)
Proceeds from asset based financing arrangements 2.1 9.9
Repayments of obligations under finance leases (20.9) (19.0)
Settlement of forward foreign exchange contracts (1.8) 1.1
Net cash flows from financing activities 61.8 30.3
Net decrease in cash and cash equivalents (2.6) (32.8)
Cash and cash equivalents at the beginning of the period 92.1 124.6
Exchange adjustments 0.1 0.3
Cash and cash equivalents at the end of the period 3.4.3 89.6 92.1