WHISTL ANNUAL REPORT 2022

Consolidated Statement of Cash Flows for the year ended 31 December 2022

2022 £’000

2021 £’000

Notes

(829) (969)

Cash from operating activities before exceptional items

16,424

Exceptional items

(4,000)

(1,798)

Net cash from operating activities

25

12,424

(165)

Taxation paid

(135)

Net cash (outflow)/generated from operating activities Cash flows from investing activities Purchase of subsidiary undertaking (net of acquired cash)

(1,963)

12,289

(86)

(5,725)

(869)

Purchases of intangible fixed assets Purchases of tangible fixed assets

(427)

(3,155)

(13,133)

10

Proceeds from disposal of tangible fixed assets

23

(1,135)

Payment of deferred consideration

(2,501)

14

Interest received

-

Net cash outflow from investing activities Cash flows from financing activities Purchase of own shares Repayment of obligation under finance leases

(5,221)

(21,763)

-

(91) (54)

(46)

-

Repayment of loan

(17,804)

(1,028) (1,074) (8,258)

Interest paid and similar expenses Net cash used from financing activities Net decrease in cash and cash equivalents Cash and cash equivalents at beginning of year

(997)

(18,946) (28,420)

40,770 32,512

69,190 40,770

Cash and cash equivalents

Cash and cash equivalents at end of year consist of: Cash at bank and in hand

32,512

40,770

The notes on pages 47 to 66 form part of these statements.

46

Whistl Annual Report 2022

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