Carphone Warehouse 2002 Annual Report Download - page 31

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The Carphone Warehouse Group PLC Annual Report 2002 29
Consolidated cash flow statement
For the 52 weeks ended 30 March 2002
52 weeks ended 53 weeks ended
30 March 2002 31 March 2001
Notes £’000 £’000
Net cash inflow from operating activities 29,352 43,663
Net cash inflow from returns on investments and servicing of finance 26a342 2,385
Net cash outflow from taxation 26b(9,398) (6,991)
Net cash outflow from capital expenditure and financial investment 26c(48,742) (141,687)
Net cash outflow from acquisitions and disposals 26d(42,846) (18,818)
Net cash outflow before management of liquid resources and financing (71,292) (121,448)
Net cash inflow from management of liquid resources 26e–196
Net cash inflow from financing 26f34,669 168,608
(Decrease) increase in cash in the period (36,623) 47,356
The accompanying notes are an integral part of this consolidated cash flow statement.
Reconciliation of net cash inflow from
operating activities to operating profit
2002 2001
£’000 £’000
Operating profit excluding exceptional items 31,733 38,457
Operating exceptional items (24,863) –
Operating profit 6,870 38,457
Depreciation of tangible fixed assets 26,335 18,788
Amortisation of goodwill 14,736 8,771
EBITDA 47,941 66,016
(Profit) loss on disposal of tangible fixed assets (646) 31
Increase (decrease) in provisions 9,533 (11,256)
Decrease in stock 2,700 5,187
Decrease (increase) in debtors 26,422 (54,248)
(Decrease) increase in creditors (56,598) 37,933
Net cash inflow from operating activities 29,352 43,663