Year ended 31 Dec 2017 £m | | | Note | Half year to 30 June 2018 £m | Half year to 30 June 2017 £m |
---|
159.9 | | Net cash from operating activities | 8 | 71.3 | 73.0 |
| | Investing activities | | | |
(73.3) | | Purchases of property, plant and equipment | | (31.0) | (28.2) |
3.7 | | Proceeds on disposal of property, plant and equipment and intangible assets | | 1.1 | 1.7 |
(5.2) | | Purchases of intangible fixed assets | | (1.1) | (3.2) |
(14.2) | | Acquisition of businesses | | (1.3) | (5.2) |
(89.0) | | Net cash used in investing activities | | (32.3) | (34.9) |
| | Financing activities | | | |
0.1 | | Interest received | | 0.1 | – |
(2.1) | | Interest paid | | (0.9) | (1.2) |
(30.6) | | Dividends paid | | (70.5) | (20.5) |
(5.0) | | Repayments of bank loans | | (20.0) | (5.0) |
(0.1) | | Payments of obligations under finance leases | | – | – |
– | | Own shares purchased | | (1.3) | – |
– | | New bank loans raised | | 40.0 | – |
(37.7) | | Net cash used in financing activities | | (52.6) | (26.7) |
33.2 | | Net (decrease)/increase in cash and cash equivalents | | (13.6) | 11.4 |
6.2 | | Cash and cash equivalents at beginning of period | | 39.6 | 6.2 |
0.2 | | Effect of foreign exchange rate changes | | (0.4) | 0.1 |
39.6 | | Cash and cash equivalents at end of period | 8 | 25.6 | 17.7 |