Page 51 - Housing Solutions Annual Report
P. 51
Consolidated Cash Flow Statement
For the year ended 31 March 2019
Note 2020 2019
£’000 £’000
Net cash generated from operating activities 26 20,632 21,338
Cash flow from investing activities
Purchase of tangible fixed assets (26,703) (36,241)
Grants received 251 310
Interest received 154 242
(26,298) (35,689)
Cash flow from financing activities
Interest paid (14,154) (14,048)
New secured loans 19,667 -
Repayment of borrowings (7,533) (6,847)
Withdrawal from deposits - -
(2,020) (20,895)
Net change in cash and cash equivalents (7,686) (35,246)
Cash and cash equivalents at the beginning of the year 22,588 57,834
Cash and cash equivalents at the end of the year 14,902 22,588
The accompanying accounting policies and notes on pages 52 - 85 form an integral part of the
financial statements.
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