| for the year ended 31 December 2002 | ||||||||
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| Note | 2002 £000 |
2002 £000 |
2002 £000 |
2001 £000 |
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| Net cash inflow from operating activities | 22 | 43,171 | 32,187 | |||||
| Returns on investment and servicing of finance | ||||||||
| Interest received | 288 | 482 | ||||||
| Interest paid | (4,073) | (1,951) | ||||||
| Interest element of finance lease rental payments | (104) | (71) | ||||||
| Finance costs of new bank loans | (297) | (1,646) | ||||||
| Payments to minority interests | (172) | (115) | ||||||
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| (4,358) | (3,301) | |||||||
| Taxation | ||||||||
| UK corporation tax paid | (403) | (505) | ||||||
| Overseas tax paid | (8,572) | (7,732) | ||||||
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| (8,975) | (8,237) | |||||||
| Capital expenditure | ||||||||
| Purchase of intangible fixed assets | (82) | (72) | ||||||
| Purchase of tangible fixed assets | (16,868) | (11,385) | ||||||
| Sale of tangible fixed assets | 4,250 | 1,223 | ||||||
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| (12,700) | (10,234) | |||||||
| Acquisitions and disposals | ||||||||
| Acquisition of subsidiary undertakings | (32,941) | (67,343) | ||||||
| Net cash acquired with subsidiary undertakings | 899 | 13 | ||||||
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| (32,042) | (67,330) | |||||||
| Equity dividends paid | (5,609) | (5,000) | ||||||
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| Net cash outflow before use of liquid resources and financing | (20,513) | (61,915) | ||||||
| Management of liquid resources | ||||||||
| (Payments into)/repayments from short term bank deposits | (61) | 947 | ||||||
| Financing | ||||||||
| Issue of new shares | 13,621 | 7,944 | ||||||
| New bank loans drawn | 72,555 | 62,153 | ||||||
| Repayment of bank loans and loan notes | (54,759) | (18,407) | ||||||
| Sale and leaseback transactions | 739 | 887 | ||||||
| Capital element of finance lease rental payments | (902) | (396) | ||||||
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| Net cash inflow from financing | 31,254 | 52,181 | ||||||
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| Increase/(decrease) in cash in the year | 23 | 10,680 | (8,787) | |||||
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