Consolidated statement of cash flows for the year ended 31 December 2017
2017 £’000
2016 £’000
Note
19,857 (1,500)
Net cash from operating activities
24
11,770
Dividends paid Taxation paid
-
(213)
(85)
Net cash generated from operating activities
18,144
11,685
Cash flows from investing activities Purchase of subsidiary undertaking Proceeds from sale of tangible assets
(1,375)
-
-
464
(1,551) (2,784)
Purchases of intangible assets Purchases of tangible assets
(3,212)
(827)
4
Interest received
30
Net cash from investing activities
(5,706)
(3,545)
Cash flows from financing activities Proceeds from issue of share capital
209
- -
(35)
Purchase of own shares
10
Receipt of loan Receipt of grants
19
1,687 (603) 1,268
-
Interest paid and similar expenses Net cash from financing activities
(614) (595)
13,706
7,545
Net increase in cash and cash equivalents Acquisitions through business combinations Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year
494
-
22,903 37,103
15,358 22,903
Cash and cash equivalents consists of: Cash at bank and in hand
37,103
22,903
The notes on pages 39 to 58 form part of these statements.
Financials | Whistl Annual Report 2017
37
Made with FlippingBook - Online magazine maker