Condensed consolidated cash flow statement

For the six months to 30 June 2010

	Six months to 30 June 2010 £m	Six months to 30 June 2009 Restated £m	Year to 31 December 2009 £m
Cash flows from operating activities:
Profit for the period	80.1	9.8	74.1
Adjustments for:
Tax charge recognised in profit or loss	21.3	-	3.7
Finance income	(2.2)	(2.3)	(4.8)
Finance costs	24.9	29.0	55.0
Depreciation charge	2.4	3.4	6.3
Amortisation of intangible assets	0.1	0.1	0.3
Impairment of intangible assets	1.6	1.4	4.0
Share of results of jointly controlled entities	0.3	0.5	0.5
Profit on disposal of property, plant and equipment	(0.5)	-	(0.6)
Share-based payment charge	1.5	0.9	3.6
Exceptional items	(63.6)	(27.9)	(74.8)
Other non-cash items	(0.1)	1.5	3.5
Operating cash flows before movements in working capital	65.8	16.4	70.8
Movements in working capital:
Decrease in inventories	102.2	268.4	501.5
Increase in trade and other receivables	(26.9)	(13.1)	(16.9)
Increase / (decrease) in trade and other payables	44.5	(118.9)	(164.5)
Cash generated from operations	185.6	152.8	390.9
Interest paid	(33.1)	(24.7)	(45.9)
Interest received	7.9	0.9	7.8
Tax (paid) / received	(15.5)	-	0.3
Net cash generated from operating activities	144.9	129.0	353.1
Cash flows from investing activities:
Received in respect of jointly controlled entities	-	-	0.1
Purchase of property, plant and equipment	(1.7)	(0.3)	(1.2)
Proceeds from sale of property, plant and equipment	1.6	0.3	4.8
Net cash (used in) / generated from investing activities	(0.1)	-	3.7
Cash flows from financing activities:
Repayment of borrowings	(153.5)	(105.1)	(173.1)
Financing transaction costs	-	(21.3)	(21.4)
Finance lease principal payments	-	(0.6)	(1.2)
Own shares purchased	-	-	(0.2)
Net cash used in financing activities	(153.5)	(127.0)	(195.9)
(Decrease) / increase in net cash and cash equivalents	(8.7)	2.0	160.9
Net cash and cash equivalents at beginning of period	138.0	(22.9)	(22.9)
Net cash and cash equivalents at end of period	129.3	(20.9)	138.0