Financial statements
Parent Company Cash Flow Statement
For the year ended 31 December 2006
| Notes | 2006 £m |
2005 £m |
|
 |
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Cash generated from operations |
41 | 93.3 | 174.9 |
|---|---|---|---|
Income tax paid |
(14.0) | (14.1) | |
|
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Net cash flow from operations |
79.3 | 160.8 | |
|
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Cash flows from investing activities |
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Contribution to the surplus capital of Amlin Bermuda Ltd |
– | (578.6) | |
Acquisition of subsidiary, net of cash acquired |
– | (0.2) | |
|
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Net cash used in investing activities |
– | (578.8) | |
|
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Cash flows from financing activities |
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Proceeds from issue of ordinary shares |
4.6 | 223.5 | |
Proceeds from borrowings |
227.7 | 266.1 | |
Repayment of borrowings |
(238.0) | (32.0) | |
Dividends paid to shareholders |
(47.4) | (30.6) | |
Interest paid |
(24.7) | (9.2) | |
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Net cash from financing activities |
(77.8) | 417.8 | |
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Net increase in cash and cash equivalents |
1.5 | (0.2) | |
Cash and cash equivalents at beginning of year |
0.7 | 0.9 | |
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Cash and cash equivalents at end of year |
34 | 2.2 | 0.7 |
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