Financial Statements
Strategic Report
Governance Report
Other Information
26. Other non-current liabilities
27. Reconciliation of operating profit to net cash inflow from operating activities
2024 £’000
2023 £’000
2024 £’000 20,411
2023 £’000 21,408
783 128
At 1 July
570 731
Additional liability in respect of share option awards
Operating profit
(324)
Transfer to non-current liabilities
(518)
At 30 June
587
783
Adjustments for: Amortisation of intangible assets
7,451
6,832
Other non-current liabilities include employer’s National Insurance contributions arising from share option awards under the LTIS and LTIP schemes. During the year, an additional liability was recognised of £128,000 (FY23: £731,000) in respect of existing awards, granted in previous years, that are expected to vest in the future. During the year, an amount of £324,000 (FY23: £518,000) was transferred to current liabilities, reflecting awards that are expected to vest within the next 12 months. At 30 June 2024, the non-current liability for employer’s National Insurance contributions arising from share option awards under the LTIS and LTIP schemes was £587,000 (FY23: £783,000).
856
Depreciation of property, plant and equipment
824
2,139
Depreciation of right-of-use assets
1,825
(83)
Other (gains)/losses - net
162
4,391 5,276
Decrease/(increase) in receivables Increase/(decrease) in payables Increase/(decrease) in provisions
(2,215) (1,526)
684
(147)
(196)
(Decrease)/increase in other non-current liabilities
244
2,407
Share-based payments charge
2,686
Net cash inflow from operating activities
43,336
30,093
Brooks Macdonald Group plc Annual Report and Accounts 2024
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