Group Cash Flow Statement

for the period ended 26 December 2015

20152014
Notes€’000€’000
Cash generated from operations22(18,552)(79,803)
Income tax paid(8,390)(11,384)
Net cash outflow from operating activities(26,942)(91,187)
Cash flows from investing activities
Purchases of property, plant and equipment9(44,398)(28,807)
Purchases of intangible assets8(789)-
Proceeds from sale of property, plant and equipment4,2319,005
Proceeds from sale of available-for-sale financial assets161,875
Proceeds from sale of subsidiary undertaking (net of cash disposed)11169,718-
Purchase of subsidiary undertakings (net of cash acquired)10(11,695)(36,775)
Interest received762806
Decrease/(increase) in restricted cash24517(594)
Net cash generated from/(used in) investing activities118,362(54,490)
Cash flows from financing activities
Interest paid(5,842)(4,908)
Proceeds from borrowing1740,000135,000
Payments in respect of loan stock redeemed(6,576)(6,142)
  
Net cash generated from financing activities27,582123,950
  
Net increase/(decrease) in cash and cash equivalents and bank overdrafts in the period119,002(21,727)
    
Balance at beginning of period35,67251,905
Foreign exchange gains3,0525,494
Cash and cash equivalents and bank overdrafts at end of period23157,72635,672