Downloadable PDFs and Excel tables of the Annual Report and Notice of AGM documents are available below.


Notes to the accounts

28 Cash-flow from operating activities

 

Year ended
31 July 2008
£m

Period ended
31 July 2007
£m

Profit before taxation – continuing and discontinued

346.1

1,869.4

Net interest payable

41.0

37.6

Financing losses/(gains)

   

– charged to administrative expenses

0.3

1.5

– charged to financing

6.1

(2.8)

Share of post-tax loss from associate

1.0

0.5

Other finance income – retirement benefits

(41.7)

(36.8)

(Profit on sale)/impairment of financial asset

 

(24.0)

Profit on disposal of discontinued operation

(26.8)

(1,469.6)

 

326.0

375.8

Amortisation of intangible assets

31.0

29.7

Impairment of intangible assets

 

2.2

Profit on disposal of property, plant and equipment

(0.3)

(0.4)

(Profit)/loss on disposal of business

(27.2)

5.2

Depreciation of property, plant and equipment

53.2

52.2

Impairment of property, plant and equipment

0.3

8.2

Share-based payment expense

12.9

13.9

Retirement benefits

(37.0)

(66.2)

Increase in inventories

(21.4)

(84.2)

Increase in trade and other receivables

(10.0)

(84.8)

(Decrease)/increase in trade and other payables

(56.9)

29.7

Increase in provisions

49.9

84.5

Cash generated from operations

320.5

365.8

Interest

(48.6)

(27.0)

Tax paid

(73.8)

(92.8)

Net cash inflow from operating activities

198.1

246.0


Smiths Group divisions:
Smiths Detection, Smiths Medical, John Crane, Smiths Interconnect, Flex-Tek

 

Smiths Group plc:
Registered office 765 Finchley Road, London NW11 8DS
Incorporated in England No. 137013
Copyright 2008 Smiths Group plc.
All rights Reserved | Legal Notice | Privacy Policy