Minerva Equity Limited - 31 March 2019 Final 19.08.2019 - Flipbook - Page 29
Minerva Equity Limited (formerly DMWSL 881 Limited)
Consolidated statement of cash flows for
the period ended 31 March 2019
Period ended 31
March 2019
Net cash inflow from operating activities
Note
£m
25
85.8
Taxation paid
(3.1)
Net cash generated from operating activities
82.7
Cash flow from investing activities
(7.3)
Payments to acquire fixed assets
Proceeds on disposal of fixed assets
Investments- equity purchases
1.2
31
Net cash used in investing activities
(138.5)
(144.6)
Cash flows from financing activities
(0.7)
Repayment of finance lease
New finance lease
0.3
Repayment of bank borrowings
(324.7)
New bank borrowings
342.8
Repayment of shareholders loans
(90.8)
Proceeds from issue of ordinary shares
24
22.3
New Shareholder loan notes
180.2
Interest paid
(11.2)
Net cash generated from financing activities
118.2
Net increase in cash and cash equivalents
Cash and cash equivalents at the beginning of
the period
Cash and cash equivalents at the end of year
56.3
56.3
27