53. Net cash from operating activities
2019 | 2018 | |
|---|---|---|
Company | €m | €m |
Operating activities | ||
Profit for the financial year | 6.5 | 74.4 |
Adjustments for: | ||
Finance costs (net) | 0.8 | 0.1 |
Dividend income | - | (75.0) |
Depreciation of property, plant and equipment | 5.6 | 2.4 |
Depreciation of right to use assets | 0.2 | - |
Amortisation of intangible assets | 0.2 | 0.3 |
Share-based payment expense | - | 0.4 |
Decrease in provisions | - | (0.2) |
Operating cash flows before movements in working capital | 13.3 | 2.4 |
Decrease/ (increase) in inventories | 0.6 | (0.1) |
Decrease/ (increase) in receivables | 67.1 | (23.2) |
Decrease in payables | (40.1) | (42.0) |
Cash generated by operations | 40.9 | (62.9) |
Interest paid | (0.8) | (0.1) |
Net cash inflow/ (outflow) from operating activities | 40.1 | (63.0) |