| For the year ended 31 December 2019 | |||
| Note | 2019 | 2018 | |
| £m | £m | ||
| Cash generated from operations | 39 | 438.2 | 361.2 |
| Tax paid | (25.0) | (21.1) | |
| Interest paid | (65.7) | (43.0) | |
| Interest received | 8.7 | 9.7 | |
| Net cash flow from operating activities | 356.2 | 306.8 | |
| Cash flows from investing activities | |||
| Payments to acquire businesses, net of cash acquired | 19 | (108.3) | (107.4) |
| Deferred consideration for businesses acquired | 19 | (14.8) | (38.5) |
| Proceeds from the disposal of business, net of cash disposed | 19 | 21.7 | - |
| Purchase of property, plant and equipment | (116.5) | (160.6) | |
| Proceeds from disposal of property, plant and equipment | 9.7 | 48.9 | |
| Payments to acquire intangible assets | (28.0) | (5.8) | |
| Proceeds from disposal of intangible assets | 1.5 | 10.0 | |
| Settlement of net investment hedge derivative contracts | (11.0) | - | |
| (Payments)/receipts relating to associates and investments | (5.3) | 1.1 | |
| Net cash flow from investing activities | (251.0) | (252.3) | |
| Cash flows from financing activities | |||
| Lease principal payments | (91.1) | (49.9) | |
| Increase in borrowings | 414.1 | - | |
| Repayment of borrowings | - | (94.4) | |
| Settlement of foreign exchange forward contracts | 20.8 | (27.6) | |
| Purchase of own shares | (6.2) | (9.7) | |
| Contribution from non-controlling interests | 3.1 | - | |
| Acquisition of non-controlling interests | (1.8) | - | |
| Dividends paid to non-controlling interests | (0.7) | (0.6) | |
| Dividends paid to shareholders of the Company | 12 | (78.3) | (70.8) |
| Net cash flow from financing activities | 259.9 | (253.0) | |
| Increase/(decrease) in cash and cash equivalents | 365.1 | (198.5) | |
| Opening cash and cash equivalents | 117.7 | 314.3 | |
| Increase/(decrease) in cash and cash equivalents | 365.1 | (198.5) | |
| Foreign exchange | (4.5) | 1.9 | |
| Closing cash and cash equivalents | 478.3 | 117.7 | |
| Cash and cash equivalents in continuing operations | 23 | 478.3 | 117.5 |
| Cash and cash equivalents classified in assets held for sale | 23 | - | 0.2 |
| Closing cash and cash equivalents | 478.3 | 117.7 | |
Group Statement of Cash Flows in Excel format [11 KB]
Notes to the consolidated accounts in PDF format [1.7 MB]