Cash flows from operating activities

(Loss) profit from operations

(10,044)

22,115

(27,021)

(11,918)

Adjustments for non-cash items:

Depreciation of property, plant and equipment

3,327

3,982

133

130

Property impairment

106

2,862

—

—

Goodwill impairment

203

204

—

—

Amortisation of PFI asset

1,098

1,085

—

—

Share-based payment expense

799

862

549

(80)

Pension scheme charge

1,474

—

1,474

—

Revaluation decrease in investment properties

22,381

19,592

—

—

Movements in fair value of cash flow hedge

65

(307)

—

—

Gain on disposal of property, plant and equipment

(1,516)

(354)

—

—

Operating cash flows before movements in working capital

17,015

49,541

(24,865)

(11,868)

Decrease in inventories

3,953

23,750

—

—

Decrease (increase) in receivables

4,158

(3,495)

38,095

11,862

Cash generated from operations

13,871

73,915

7,887

24,920

Interest received

472

585

8,294

11,480

Interest paid

(1,855)

(4,110)

(4,074)

(7,371)

Cash flows from investing activities

Purchase of intangible assets

(314)

(40)

—

—

Purchase of property, plant and equipment

(779)

(38,647)

(153)

(114)

Purchase of investment property

(10,159)

(2,101)

—

—

Proceeds on disposal of property, plant and equipment

3,844

7,445

8

60

Proceeds on disposal of investment properties

21,773

5,729

—

—

Cash flows from financing activities

Dividends paid – ordinary shares

(6,443)

(6,431)

(6,448)

(6,431)

                            – minorities

(1,775)

(1,514)

—

—

Net increase in cash and cash equivalents

17,189

21,654

16,692

20,361