Carphone Warehouse 2016 Annual Report Download - page 94

Download and view the complete annual report

Please find page 94 of the 2016 Carphone Warehouse annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 160

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160

Consolidated cash flow statement
92
Note
Year ended
30 April
2016
£million
13 months
ended
2 May
2015
£million
Operating activities – continuing operations
Cash generated from operations 27 485 110
Special contributions to defined benefit pension scheme (35) (28)
Income tax paid (56) (39)
Net cash flows from operating activities 394 43
Investing activities – continuing operations
Interest received — 1
Cash acquired on the Merger — 347
Net cash outflow arising from acquisition of subsidiaries (50) (25)
Proceeds from disposal of property, plant & equipment 24 11
Proceeds on sale of business and short term investments — 8
A
cquisition of property, plant & equipment and other intangibles (221) (166)
Investment in joint ventures (9) —
Net cash flows from investing activities (256) 176
Financing activities – continuing operations
Interest paid (20) (30)
Repayment of obligations under finance leases (6) (7)
Net purchase of own shares (5) —
Equity dividends paid (106) (52)
Increase / (decrease) in borrowings 25 (211)
Bond redemption premium — (38)
Facility arrangement fees paid (5) (4)
Net cash flows from financing activities (117) (342)
Increase / (decrease) in cash and cash equivalents
Continuing operations 21 (123)
Discontinued operations 25 32 3
53 (120)
Cash and cash equivalents at beginning of the period 163 283
Currency translation differences 17 —
Cash and cash equivalents at end of the period 27 233 163
00_DC 2016 Annual Report.pdf 92 11/07/2016 18:34