Group Cash Flow Statement

For the year ended 31 March 2011

  Note 2011
€’000
2010
€’000
       
Cash generated from operations 41 269,572 297,757
Exceptionals   (8,935) (12,842)
Interest paid   (43,276) (32,297)
Income tax paid   (56,343) (20,548)
Net cash flows from operating activities   161,018 232,070
       
Investing activities      
Inflows      
Proceeds from disposal of property, plant and equipment   5,586 9,831
Government grants received 35 626 1,799
Proceeds on disposal of subsidiaries   28,431 -
Proceeds on disposal of associate   - 827
Interest received   30,809 19,824
    65,452 32,281
Outflows      
Purchase of property, plant and equipment   (83,381) (47,268)
Acquisition of subsidiaries 45 (74,614) (129,515)
Deferred and contingent acquisition consideration paid   (3,709) (4,127)
    (161,704) (180,910)
Net cash flows from investing activities   (96,252) (148,629)
       
Financing activities      
Inflows      
Re-issue of treasury shares   3,835 7,657
Increase in finance lease liabilities   - 1,035
Increase in interest-bearing loans and borrowings   658 293,568
    4,493 302,260
Outflows      
Repayment of interest-bearing loans and borrowings   (21,157) (43,424)
Repayment of finance lease liabilities   (1,234) (618)
Dividends paid to owners of the Parent 17 (58,034) (52,183)
Dividends paid to non-controlling interests 40 (219) (275)
    (80,644) (96,500)
Net cash flows from financing activities   (76,151) 205,760
       
Change in cash and cash equivalents   (11,385) 289,201
Translation adjustment   2,552 10,243
Cash and cash equivalents at beginning of year   674,961 375,517
Cash and cash equivalents at end of year 30 666,128 674,961
       
Cash and cash equivalents consists of: 27 700,340 714,917
Cash and short term bank deposits 30 (34,212) (39,956)
Overdrafts 30 666,128 674,961

 

Michael Buckley, Tommy Breen, Directors

 

(back to top)