Notes to the financial statements


31     CASH USED IN OPERATIONS

  Group     Company
  2008
£m
  2007
£m
  2008
£m
  2007
£m
Profit/(loss) for the year 8.5   24.7   3.3   (27.2)
Adjustments for:              
    taxation (0.5)   0.5   (0.5)   0.2
    depreciation of property, plant & equipment 1.3   2.4   1.3   1.8
    amortisation 0.1   0.5   0.1   0.3
    loss on disposal of property, plant & equipment 0.9     0.9  
    share option charge 0.1   0.3   0.1   0.3
    (profit)/loss on disposal of subsidiaries   (17.4)     29.6
    interest expense 20.7   24.1   24.7   25.4
    interest income (18.8)   (23.1)   (18.8)   (21.4)
    other 0.1   0.4   1.4   0.4
Changes in working capital:              
    inventories (0.1)   2.1   (0.1)   2.0
    trade and other receivables (1.0)   4.9   (1.0)   4.9
    trade and other payables (5.4)   (8.0)   (5.3)   3.3
Changes in retirement benefit liabilities (2.2)   (3.6)   (2.2)   (5.4)
Changes in provisions for liabilities and charges (6.3)   (12.6)   (6.3)   (10.9)
Cash (used in)/from operations (2.6)   (4.8)   (2.4)   3.3

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