Notes2018
£m
2017
£m
Cash flows from operating activities
Operating profit21.826.3
Depreciation1313.112.1
Impairment3.8
Amortisation1512.513.4
Loss on disposal of property, plant and equipment0.20.2
Share-based payments1.11.3
Pension charge in excess of cash contributions0.10.1
Increase in inventories(0.3)(2.7)
(Increase)/decrease in trade and other receivables(16.7)0.7
(Decrease)/increase in trade and other payables(1.2)1.0
Increase/(decrease) in provisions2.8(3.4)
Decrease in derivative financial instruments(0.1)(0.1)
Cash generated from operations37.148.9
Interest paid(2.9)(2.9)
Defined benefit scheme contributions(2.1)(2.0)
Tax received/(paid)0.3(3.3)
Net cash inflow from operating activities32.440.7
Cash flows from investing activities
Purchases of property, plant and equipment(20.9)(18.0)
Purchases of intangible assets(1.3)(0.1)
Interest received0.20.1
Purchase of equity investment16(3.1)
Net cash outflow from investing activities(22.0)(21.1)
Cash flows from financing activities
Proceeds from issues of ordinary share capital240.50.6
Purchase of own shares(2.2)(3.0)
Equity dividends paid to shareholders12(10.1)(9.6)
Increase in borrowings15.612.3
Borrowings repaid(12.7)(16.4)
Net cash used in financing activities(8.9)(16.1)
Net increase in cash and cash equivalents1.53.5
Effects of exchange rate changes0.5(0.3)
Cash and cash equivalents at start of year19.416.2
Cash and cash equivalents at end of year1921.419.4