Consolidated statement of cash flows for the 52 weeks ended 27 November 2011


Notes52 weeks
ended
27 November
2011
£'000
52 weeks
ended
28 November
2010
£'000
Cash flows from operating activities


Loss before tax
(2,423) (12,211)
Adjustments for:


— Depreciation of property, plant and equipment 3.2.1 21,261 19,333
— Amortisation expense 3.1.1 5,460 4,474
— Impairment of property, plant and equipment 3.2.1 76 14
— Loss/(profit) on disposal of property, plant and equipment 2.1.3 38 (63)
— Provision for dilapidations expense 3.5.1 201 80
— Provision for insurance claims 3.5.1 479 115
— Share-based payments expense 4.7.1 596 320
— Foreign exchange movements
(265)
— Finance income 4.3.1 (1,168) (1,502)
— Finance costs 4.3.1 4,663 8,357
Changes in working capital:


— Movement in inventories
(1,830) (3,267)
— Movement in trade and other receivables
(17,769) (1,897)
— Movement in trade and other payables
17,048 4,791
Cash generated from operations
26,367 18,544
Interest paid
(6,219) (10,319)
Net cash flows from operating activities
20,148 8,225
Cash flows from investing activities


Purchase of property, plant and equipment
(105,184) (14,681)
Proceeds from sale of property, plant and equipment
87
Purchase of intangible assets
(8,980) (5,850)
Decrease/(increase) in short-term investment
30,000 (30,000)
Interest received
949 167
Net cash flows from investing activities
(83,215) (50,277)
Cash flows from financing activities


Proceeds from the issue of ordinary share capital net of transaction costs
1,248 210,104
Proceeds from borrowings
39,291 11,374
Repayments of borrowings
(2,284) (54,063)
Proceeds from asset based financing arrangements
9,889 1,676
Repayments of obligations under finance leases
(19,013) (15,417)
Settlement of forward foreign exchange contracts
1,134
Net cash flows from financing activities
30,265 153,674
Net (decrease)/increase in cash and cash equivalents
(32,802) 111,622
Cash and cash equivalents at the beginning of the period
124,639 13,017
Exchange adjustments
265
Cash and cash equivalents at the end of the period 3.4.4 92,102 124,639