Carphone Warehouse 2004 Annual Report Download - page 31

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Consolidated Cash Flow Statement
For the 52 weeks ended 27 March 2004
52 weeks ended 52 weeks ended
27 March 2004 29 March 2003
Notes £’000 £’000
Net cash inflow from operating activities 102,657 77,678
Net cash outflow from returns on investments and servicing of finance 27a (4,858) (2,570)
Net cash (outflow) inflow from taxation 27b (2,350) 1,059
Net cash (outflow) inflow from capital expenditure and financial investment 27c (84,245) 18,244
Net cash outflow from acquisitions and disposals 27d (59,050) (37,892)
Equity dividends paid (12,229) –
Net cash (outflow) inflow before financing (60,075) 56,519
Net cash inflow (outflow) from financing 27e 96,596 (42,623)
Increase in cash in the period 36,521 13,896
The accompanying notes are an integral part of this consolidated cash flow statement.
Reconciliation of Operating Profit to
Net Cash Inflow from Operating Activities
2004 2003
£’000 £’000
Operating profit including exceptional items 50,997 37,428
Depreciation of tangible fixed assets 41,684 31,977
Amortisation of goodwill 25,417 20,585
EBITDA including exceptional items 118,098 89,990
Loss (profit) on disposal of fixed assets 163 (912)
Decrease in provisions (1,469) (12,229)
Increase in stock (20,684) (4,024)
Increase in debtors (53,621) (1,803)
Increase in creditors 60,170 6,656
Net cash inflow from operating activities 102,657 77,678
The Carphone Warehouse Group PLC Annual Report 2004
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