Cash Flow Statement

For the 52 weeks ended 1 March 2008

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  52 weeks
ended 1
March 2008
£m
Short period
ended 3
March 2007
£m
Cash flows from operating activities    
Cash generated from operations 564.2 620.9
Interest received 18.7 13.6
Interest paid (3.6) (51.4)
Tax paid (95.1) (101.6)
     
Net cash inflow from operating activities 484.2 481.5
 
Cash flows from investing activities
Purchase of property, plant and equipment (176.3) (134.1)
Proceeds from the disposal of property, plant and equipment 3.4 3.8
Purchase of intangible assets (35.0) (28.3)
Loan to joint venture - (8.1)
Disposal of subsidiary - net of cash disposed - (3.8)
Purchase of investments (8.7) -
Disposal of investment 3.9 -
Acquisition of businesses (41.4) -
     
Net cash used in investing activities (254.1) (170.5)
 
Cash flows from financing activities
Purchase of own shares - (6.1)
Proceeds from the exercise of share options 2.3 -
Repayments of amounts to GUS plc - (50.3)
Repayment of finance leases (0.1) (1.2)
Repayment of loans (225.0) -
Home Retail Group share of GUS plc final dividend - (62.0)
Dividends paid (118.9) (34.6)
     
Net cash used in financing activities (341.7) (154.2)
Net (decrease)/increase in cash and cash equivalents (111.6) 156.8
     
Movement in cash and cash equivalents    
Cash and cash equivalents at the beginning of the period 283.8 130.0
Effect of foreign exchange rate changes 1.8 (3.0)
Net (decrease)/increase in cash and cash equivalents (111.6) 156.8
     
Cash and cash equivalents at the end of the period 174.0 283.8