  |
|
   |
 |
|
|
 |
|
 |
|
|
 
 |
| |
area |
Current
Year
£000 |
Previous Year
£000 |
|
|
| a) |
Reconciliation of operating
profit to net cash outflow from operating activities
|
|
|
| |
Operating surplus |
1,031 |
979 |
| Amortisation of government
grants |
(456) |
(442) |
| Notional cost of capital charge |
141 |
84 |
| Depreciation |
516 |
448 |
| Loss on disposal of fixed assets |
- |
3 |
| Decrease in stock |
- |
10 |
| Decrease/(Increase) in debtors |
2,195 |
(1,376) |
| Increase in creditors |
1,881 |
319 |
| Interest received |
(131) |
(73) |
|
|
| |
5,177 |
(48) |
|
|
| |
| b) |
Reconciliation of net cash
flow to movement in net debt |
| |
£000 |
£000 |
|
|
| |
Increase in cash in the year |
5,294 |
|
| Write-off of secured loans |
4 |
|
|
|
| |
Change in net debt |
5,298 |
| Net debt at 1 April 2001 |
42 |
|
|
| |
Net debt at 31 March 2002 |
5,340 |
|
|
| |
| c) |
Analysis of changes in net
debt |
| |
At 1 April
2001
£000 |
Cash
Flows
£000 |
At 31 March
2002
£000 |
|
|
| |
| |
Cash at bank and in hand |
46 |
5,294 |
5,340 |
| Secured loans |
(4) |
4 |
- |
|
|
| |
42 |
5,298 |
5,340 |
|
|
|
|
|
| |
|
