Group cash flow statement

Year ended 31 March 2016

Notes 2016
£m
2015
£m
Net cash inflow from operating activities 32
101.1 67.4
       
Investing activities      
Interest received   0.3 0.3
Proceeds on disposal of property, plant and equipment   0.2 -
Purchases of intangible assets   (56.8) (46.9)
Purchases of property, plant and equipment   (7.1) (5.9)
Acquisition of available for sale investments 17 (0.5) (4.8)
Net cash outflow on acquisitions 31 (5.3) (1.1)
Net cash used in investing activities (69.2) (58.4)
       
Financing activities      
Dividends paid 12 (137.0) (36.9)
Repayment of finance leases   (0.5) (0.3)
Issue of shares from the employee benefit trust   1.2 1.9
Proceeds on issue of share capital 24 0.6 1.9
Increase in bank and other loans 20 82.7 3.4
Net cash used in financing activities   (53.0) (30.0)
       
Net decrease in cash and cash equivalents (21.1) (21.0)
Cash and cash equivalents at beginning of year 74.7 96.2
Effect of foreign exchange rate changes 0.6 (0.5)
Cash and cash equivalents at end of year 54.2 74.7