Key Financial Data
Group cash flow statement
for the year ended 30 June 2011
Accompanying notes (PDF, 118KB, opens in a new window)
| 2011 £ |
2011 £ |
2010 £ |
2010 £ |
|
|---|---|---|---|---|
| Cash flows from operating activities | ||||
| Loss before taxation | (2,666,649) | (1,922,604) | ||
| Depreciation | 39,545 | 52,102 | ||
| Finance income | (26,174) | (22,855) | ||
| Finance expense | 526,617 | 474,507 | ||
| Share based payments charge | – | 601 | ||
| Profit on disposal of property, plant and equipment | (851) | – | ||
| Revaluation surplus on investment properties | (17,476) | (325,754) | ||
| Operating loss before changes in working capital and provisions | (2,144,988) | (1,744,003) | ||
| Decrease in inventories | 3,806,983 | 5,326,560 | ||
| Decrease in trade and other receivables | 126,963 | 101,157 | ||
| Decrease in trade and other payables | (20,000) | (1,067,014) | ||
| Cash from by operations | 1,768,958 | 2,616,700 | ||
| Finance income received | 26,174 | 22,855 | ||
| Finance costs paid | (537,170) | (437,210) | ||
| Tax received | 78,732 | 75,388 | ||
| Net cash from operating activities | 1,336,694 | 2,277,733 | ||
| Cash flows from investing activities | ||||
| Purchase of property, plant and equipment | (15,238) | (20,107) | ||
| Proceeds from sale of property, plant and equipment | 851 | – | ||
| Net cash used in investing activities | (14,387) | (20,107) | ||
| Cash flows from financing activities | ||||
| Movement on borrowings | (1,725,300) | (1,855,148) | ||
| Net cash used in financing activities | (1,725,300) | (1,855,148) | ||
| Net (decrease)/increase in cash and cash equivalents | (402,993) | 402,478 | ||
| Cash and cash equivalents at the beginning of the year | 403,874 | 1,396 | ||
| Cash and cash equivalents at the end of the year | 881 | 403,874 |
The financial statements were approved by the Board of Directors and authorised for issue on 20 December 2011.
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