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Consolidated cash-flow statement

 



Notes

Period ended
31 July 2007
£m

Period ended
5 August 2006
£m

Net cash inflow from operating activities

28

246.0

389.1

Cash-flows from investing activities

 

 

 

Expenditure on capitalised development

 

(87.4)

(102.0)

Expenditure on other intangible assets

 

(29.6)

(25.1)

Purchases of property, plant and equipment

 

(118.3)

(111.2)

Disposals of property, plant and equipment

 

25.6

12.2

Proceeds from sale of financial asset

 

15.0

 

Acquisition of businesses

29

(34.9)

(54.2)

Disposal of Aerospace

7

2,495.0

 

Disposals of businesses

30

9.1

8.3

Net cash-flow generated/(used) in investing activities

 

2,274.5

(272.0)

 

 

 

 

Cash-flows from financing activities

 

 

 

Proceeds from issue of ordinary share capital

26

77.7

27.3

Purchase of own shares

 

(7.0)

 

Dividends paid to equity shareholders

8

(182.4)

(167.0)

Cash paid to shareholders under B share scheme

 

(2,090.9)

 

Increase in new borrowings

 

19.0

73.5

Reduction and repayment of borrowings

 

(284.7)

(115.9)

Net cash-flow used in financing activities

 

(2,468.3)

(182.1)

 

 

 

 

Net increase/(decrease) in cash and cash equivalents

 

52.2

(65.0)

Cash and cash equivalents at beginning of period

 

(51.1)

11.9

Exchange differences

 

2.0

2.0

Cash and cash equivalents at end of period

18

3.1

(51.1)

Cash and cash equivalents at end of period comprise:

 

 

 

– cash at bank and in hand

 

148.5

102.3

– short-term deposits

 

40.8

18.3

– bank overdrafts

 

(186.2)

(171.7)

 

 

3.1

(51.1)

 

Included in cash and cash equivalents per the balance sheet

18

186.2

(51.1)

Included in overdrafts per the balance sheet

18

(186.2)

 

Included in the assets of the disposal group

19

3.1

 

 

18

3.1

(51.1)


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
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