Notes to the accounts for the year ended 31 March 2020
21. Notes to the Statement of Cash Flows (Group) (A) Reconciliation of (loss)/profit to net cash inflow from operating activities 2020 £000
2019 £000
(34,068)
131,896
Loss/(gain) on revaluation of investment properties Impairment of investment properties Depreciation of tangible fixed assets Loss/(gain) on disposal of tangible fixed assets Profit on sale of investment properties Difference between pension charge and cash contributions Interest receivable and similar income Interest payable and similar charges Fair value gain on derivative financial instruments Loss on foreign currency exchange Decrease/(increase) in debtors Increase in creditors Tax on profit on ordinary activities
47,650 – 414 33 (2,018) (618) (730) 23,177 (26,490) 12,222 75 814 80,306
(70,909) 5 267 (194) (3,579) (580) (359) 18,607 (21,534) 16,725 (16,619) 1,430 28,976
Cash generated from operations
100,767
84,132
2020 £000
2019 £000
48,637
92,905
At 31 March 2020 £000
(Loss)/profit for the year after taxation Adjustments to reconcile (loss)/profit for the year after taxation to cash generated from operations:
(B) Cash and cash equivalents Cash and cash equivalents comprise the following:
Cash at bank and in hand (C) Analysis of change in net debt
Cash and cash equivalents Cash Overdrafts Cash equivalents
Borrowings Debt due within one year Debt due after one year
Total
68
The Howard de Walden Estate Annual Report 2020
At 1 April 2019 £000
Cash flows £000
Other non-cash changes £000
92,905 – –
(44,268) – –
– – –
48,637 – –
92,905
(44,268)
–
48,637
– (643,889)
– (59,822)
– (12,344)
– (716,055)
(643,889)
(59,822)
(12,344)
(716,055)
(550,984)
(104,090)
(12,344)
(667,418)