Notes

2021

2020

Cash Flows from Operating Activities

(Deficit)/surplus for the year after tax

(3,416)

1,766

Adjustments for:

Depreciation of property, plant and equipment

8

4,961

7,150

Amortisation of intangible assets

9

1,029

1,264

Impairment of intangible assets

9

1,189

1,870

Loss on disposal of property, plant and equipment

(22)

(6)

Difference between pension credit and cash contributions

1,072

903

Net finance income

(1,440)

(355)

3,243

12,869

Change in inventories and related inventory payables

2,609

1,034

Change in receivables and prepayments

9,661

(8,713)

Change in provisions and trade and other payables

9,662

(467)

Change in taxation and social welfare

416

1,688

Net Cash generated from Operating Activities

20,127

13,580

Cash Flows from Investing Activities

Proceeds from sale of property, plant and equipment

22

6

Acquisition of property, plant and equipment

(7,755)

(3,902)

Net Cash absorbed by Investing Activities

(9,256)

(5,640)

Cash Flows from Financing Activities

Proceeds of borrowings

14

-

5,000

Interest paid

(495)

(172)

Cash payments for the principal portion of the lease liability

(382)

(456)

Cash payments for the interest portion of the lease liability

(51)

(19)

Net Cash generated/(absorbed) by Financial Activities

(29,820)

23,353

Net (decrease)/increase in cash and cash equivalents

(18,949)

31,293