Company cash flow statement for the year ended 31 May 2022
2022 £m
2021 £m
Notes
Cash flows from operating activities Profit for the year
20.0
28
25.0
Cash inflow for the year before changes in working capital
20.0
25.0
8.5 4.7
Decrease/(increase) in trade and other receivables
(20.6)
Increase in trade and other payables
0.5
Net cash generated from operating activities
33.2
4.9
Cash flows from investing activities Investments in subsidiary undertakings
–
33
(70.7)
Net cash used in investing activities
–
(70.7)
Cash flows from financing activities Proceeds from the issue of ordinary share capital
0.8
27 10
72.6
(14.4)
Equity dividends paid
(13.0)
Net cash (used in)/generated from financing activities
(13.6)
59.6
Net increase/(decrease) in cash and cash equivalents Cash and cash equivalents at beginning of year
19.6
(6.2)
0.6
6.8
Cash and cash equivalents at end of year
20.2
0.6
The accompanying Notes 1 to 34 are an integral part of these Financial Statements.
NCC Group plc — Annual report and accounts for the year ended 31 May 2022
149
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