Cash Flows from Operating Activities

Surplus / (Deficit) for the year after tax

1,766

(13,900)

Adjustments for:

Depreciation of property, plant and equipment

9

7,150

6,340

Amortisation of intangible assets

10

1,264

1,119

Impairment of intangible assets

10

1,870

-

Gain on disposal of property, plant and equipment

(6)

(304)

Exceptional items

-

(256)

Difference between pension credit and cash contributions

903

839

Net finance income

(355)

(452)

12,869

(8,150)

Change in inventories and related inventory payables

1,034

326

Change in receivables and prepayments

(8,713)

(3,119)

Change in provisions and trade and other payables

(467)

24,991

Change in taxation and social welfare

1,688

1,753

Net Cash generated from Operating Activities

13,580

12,566

Cash Flows from Investing Activities

Proceeds from sale of property, plant and equipment

6

304

Acquisition of property, plant and equipment

(3,902)

(7,313)

Net Cash absorbed by Investing Activities

(5,640)

(10,040)

Cash Flows from Financing Activities

Proceeds of borrowings

15

5,000

-

Interest paid

(172)

(231)

Cash payments for the principal portion of the lease liability

(456)

(457)

Cash payments for the interest portion of the lease liability

(19)

(25)

Net Cash generated/(absorbed) by Financial Activities

23,353

(29,713)

Net increase/(decrease) in cash and cash equivalents

31,293

(27,187)