Consolidated Cash Flow Statement

Consolidated Cash Flow Statement
	Six months ended 31 March 2009 (Unaudited) £m	Six months ended 31 March 2008 (Unaudited) £m	Year ended 30 September 2008 (Audited) £m
Cash flows from operating activities
Cash generated from continuing operations	187.0	187.4	342.0
Interest received	2.6	1.8	3.8
Interest paid	(11.2)	(16.0)	(29.2)
Tax paid	(17.5)	(31.1)	(62.5)
Net cash generated from operating activities	160.9	142.1	254.1

Cash flows from investing activities
Acquisitions of subsidiaries (net of cash acquired)	(13.0)	(58.6)	(81.1)
Disposal of subsidiaries	13.9	-	-
Purchase of intangible assets	(5.8)	(8.4)	(15.4)
Purchase of property, plant and equipment	(10.2)	(10.6)	(25.0)
Proceeds from sale of property, plant and equipment	-	0.1	1.8

Net cash used in investing activities	(15.1)	(77.5)	(119.7)

Cash flows from financing activities
Net proceeds from issue of ordinary share capital	1.2	3.8	8.5
Finance lease principal payments	-	-	(0.1)
Issue costs on loans	(0.2)	(0.3)	(0.3)
Repayment of borrowings	(197.8)	(126.0)	(233.5)
New borrowings	97.0	139.1	193.9
Dividends paid to shareholders	(62.5)	(74.5)	(106.2)
Net cash used in financing activities	(162.3)	(57.9)	(137.7)

Net (decrease) /increase in cash, cash equivalents and bank overdrafts (before exchange rate changes)	(16.5)	6.7	(3.0)
Effects of exchange rate changes	13.5	4.1	7.8
Net increase/(decrease) in cash, cash equivalents and bank overdrafts	(3.0)	10.8	4.5
Cash, cash equivalents and bank overdrafts at 1 October	70.1	65.6	65.6
Cash, cash equivalents and bank overdrafts at period end	67.1	76.4	70.1