Reigniting growth - Annual Report and Accounts 2024

Company statement of cash flows For the year ended 30 June 2024

2024 £’000

2023 £’000

Note

Cash flow from operating activities Cash generated from operations

34,362 34,362

47

27,339 27,339

Net cash generated from operating activities

Cash flows from investing activities Consideration paid on purchase of investment in subsidiaries Capital contribution from subsidiaries relating to share-based payments

(15,862)

4,215

6,817

(29,978)

Investment in financial assets held at amortised cost

43

814

Finance income

47

(625)

Deferred contingent consideration paid Net cash used in investing activities

45

(25,575)

(8,998)

Cash flows from financing activities Proceeds of issue of shares

681

48

1,691

(2,150)

Purchase of own shares by Employee Benefit Trust

(2,850) (11,422) (12,581)

(12,094) (13,563)

Dividends paid to shareholders

40

Net cash used in financing activities

Net (decrease)/increase in cash and cash equivalents

(4,775)

5,760

17,300 12,525

Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year

11,540 17,300

The accompanying notes on pages 165 to 171 form an integral part of the Company financial statements.

164 Brooks Macdonald Group plc Annual Report and Accounts 2024

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