Company cash flow statement

Year ended 31 March 2016

Notes 2016
£m
2015
£m
Net cash outflow from operating activities 40 (72.8) (38.7)
     
Investing activities      
Interest received   0.1 5.8
Dividends received from subsidiary undertakings   115.8 50.0
Amounts received from subsidiary undertakings for share incentive schemes   5.3 -
Purchases of intangible assets   (0.3) (13.4)
Purchases of tangible assets   (0.2) -
Issue of shares from the employee benefit trust   1.2 1.9
Proceeds from transfer of intangibles to Subsidiary undertaking   19.0 2.7
Net cash from investing activities 140.9 47.0
     
Financing activities      
Dividends paid (137.0) (36.9)
Share capital issued 0.6 1.9
Increase in bank loans 83.8 6.0
Capital contribution - 8.7
Net cash used in financing activities (52.6) (20.3)
     
Net movement in cash and cash equivalents 15.5 (12.0)
Cash and cash equivalents at beginning of year 46.2 58.8
Effect of foreign exchange rate changes 0.4 (0.6)
Cash and cash equivalents at end of year 62.1 46.2