For the year ended 31 December 2019
| Notes | 2019 €m |
2018 €m |
|
|---|---|---|---|
| Net cash inflow from operating activities | 35 | 84.8 | 61.5 |
| Cash flow from investing activities | |||
| Proceeds on disposal of property, plant and equipment | 1.8 | 17.4 | |
| Purchases of property, plant and equipment | (53.9) | (176.1) | |
| Purchases of intangible assets | (0.2) | (0.1) | |
| Net cash outflow from investing activities | (52.3) | (158.8) | |
| Cash flow from financing activities | |||
| Dividends paid to equity holders of the Company | (24.7) | (23.5) | |
| Share buyback | (12.9) | - | |
| Repayment of finance lease obligations | - | (0.7) | |
| Repayments of leases liabilities | (9.0) | - | |
| Proceeds on issue of ordinary share capital | 0.1 | 0.6 | |
| New bank loans raised (net of origination fees) | - | 155.0 | |
| Net cash (outflow) / inflow from financing activities | (46.5) | 131.4 | |
| Net (decrease) / increase in cash and cash equivalents | (14.0) | 34.1 | |
| Cash and cash equivalents at beginning of year | 124.7 | 90.3 | |
| Effect of foreign exchange rate changes | 0.2 | 0.3 | |
| Cash and cash equivalents at end of year | 19 | 110.9 | 124.7 |