SERIP Plc

Cash Flow Statement for year ended 31st March 2005

Operating Activities M M
Profit before tax
Depreciation and amortisation (970+20)
Interest expensed
Inventories decrease (1580-1600-400)
Receivables increase (2200-1800-300)
Payables decrease (W6)
Cash generated from operations
Interest paid (W1)
Taxation (W1)
Net cash from generating activities
Investing Activities
Purchase of non-current assets (W3)
Purchase of subsidiary (W4)
Net cash used in investing activities
Financing Activities
Capital element of lease payment (W1)
Equity dividends paid to member (W1)
Dividends paid to minorities (W2)
Net cash used in financing activities
Increase in cash/equivalents in yea
Cash/equivalents B/F
Cash/equivalents C/F

1210
990
260
420
(100)
(106)
-----2674
(254)
(400)
-------2020
(430)
(420)
--------(850)
(690)
(240)
(220)
---------(1150)
------20
(205)
--------(185)