Cash Flow

Year to 28 March 2009 Total £000 Year to 01 February 2008 Total £000
Cash flows from the operating activities
Profit after taxation 540 478
Adjustments for:
  Depreciation and amortisation 878 577
  Share options charge 44 41
  Finance income (5) (7)
  Finance expense 1,913 1,976
  Movement in fair value of interest rate swaps 309 1,060
  Loss/(profit) on disposal of properties 977 36
  Taxation expense (91) 324
  Increase in inventories (58) (25)
  Increase in debtors 171 (896)
  Increase/(decrease) in creditors (501) (322)
Cash generated from operations
Interest paid (2.233) (1,886)
Income taxes paid (208) (179)
Net cash generated by operating activites 1,736 1,177
Cash flows from investing activities
Purchase of property, plant and equipment
Proceeds from sale of property, plant and equipment 9,778
Interest received 5 7
Net cash used in investing activiteies (888) (5,038)
Cash flows from financing activities
Proceeds from issue of share capital 103 273
Proceeds/(repayments) from/of long-term borrowings 850 4,290
Dividends paid (413) (600)
Net cash generated by/used in financing activities 540 3,963
Net increase/(decrease) in cash and cash equivalents 1,388 102
Cash at beginning of period 259 157
Cash at end of period 1,647 259