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Notes to the accounts

28 Cash-flow from operating activities

 

Period ended
31 July 2007
£m

Period ended
5 August 2006
£m

Profit before taxation – continuing and discontinued

1,869.4

132.4

Net interest payable

37.6

 

54.2

Financing losses/(gains)

 

 

– charged to administrative expenses

1.5

2.8

– charged to financing

(2.8)

0.5

Share of post-tax loss from associate

0.5

1.1

Other finance income – retirement benefits

(36.8)

(27.6)

(Profit on sale)/impairment of financial asset

(24.0)

325.0

Profit on disposal of discontinued operation

(1,469.6)

 

 

375.8

488.4

Amortisation of intangible assets

29.7

39.6

Impairment of intangible assets

2.2

 

Profit on disposal of property, plant and equipment

(0.4)

(4.4)

Loss/(profit) on disposal of business

5.2

(16.4)

Depreciation of property, plant and equipment

52.2

81.0

Impairment of property, plant and equipment

8.2

 

Share-based payment expense

13.9

16.3

Retirement benefits

(66.2)

(61.5)

Increase in inventories

(84.2)

(34.8)

Increase in trade and other receivables

(84.8)

(35.6)

Increase in trade and other payables

29.7

49.3

Increase in provisions

84.5

21.4

Cash generated from operations

365.8

543.3

Interest

(27.0)

(49.5)

Tax paid

(92.8)

(104.7)

Net cash inflow from operating activities

246.0

389.1

 


Smiths Group divisions:
Smiths Detection, Smiths Medical, Smiths Specialty Engineering

 

Smiths Group plc:
Registered office 765 Finchley Road, London NW11 8DS
Incorporated in England No. 137013
Copyright 2007 Smiths Group plc.
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