| 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 |