Group Statement of Cash Flows for the year ended 31 March 2020
Note Cash flows from operating activities Corporation tax paid
2020 £000
21
Net cash from operating activities Cash flows from investing activities Interest received and other fees Additions to investment properties Additions to tangible fixed assets Proceeds from sales of investment properties Proceeds from sales of tangible fixed assets
2020 £000
84,132 (15,150)
78,217
68,982 254 (159,827) (1,249) 17,223 219
(123,076)
Cash flows from financing activities Interest paid New long-term borrowings Revolving credit facility drawn down Revolving credit facility repaid Equity dividends paid
(22,179) 60,000 – – (37,230)
Net cash used in financing activities Net (decrease)/increase in cash and cash equivalents
2019 £000
100,767 (22,550)
542 (131,849) (4,549) 12,780 –
Net cash from investing activities
2019 £000
(143,380) (18,071) 160,000 10,000 (10,000) (42,577)
591
99,352
(44,268)
24,954
Cash and cash equivalents at 1 April
21
92,905
67,951
Cash and cash equivalents at 31 March
21
48,637
92,905
49
The Howard de Walden Estate Annual Report 2020