Cash Flow: Half Year 2023
For half year ended 30 June 2023
|
1H 2023 £m |
1H 2022 £m |
|
| Cash generated from continuing operations | 12.9 | 45.2 |
| Net capital expenditure | (24.0) | (22.5) |
| Net interest on cash and borrowings | (4.5) | (2.7) |
| Tax paid | (15.8) | (15.3) |
| Lease payments and interest | (5.7) | (5.7) |
| Free cash flow before acquisitions, disposals and dividends1 | (37.1) | (1.0) |
| Dividends paid to external plc shareholders | (19.1) | (16.5) |
| Net cash flows from other investing and financing activities | (2.4) | (2.6) |
| Exchange movement and other non-cash movements | (1.4) | (9.5) |
| Opening net debt1 excluding lease liabilities | (148.5) | (46.7) |
| Closing net debt1 excluding lease liabilities | (208.5) | (76.3) |
| Closing lease liabilities | (49.2) | (52.2) |
| Closing net debt1 | (257.7) | (128.5) |