48
Rugby Football Union Report 2007 | Financial Statements
GROUP CASH FLOW STATEMENT continued
for the year to 30 June 2007
2007 |
2006 |
|||
|---|---|---|---|---|
| Notes | £m |
£m |
||
| a. Reconciliation of operating profit to net cash inflow from operating activities | ||||
| Operating profit | 28.1 |
16.2 |
||
| Depreciation of tangible fixed assets | 7.4 |
5.6 |
||
| Gain on disposal of tangible fixed assets | – |
(0.1) |
||
| (Increase)/decrease in stocks | (0.1) |
0.4 |
||
| (Increase)/decrease in debtors | (11.1) |
1.2 |
||
| Increase in creditors | 6.9 |
8.0 |
||
| Net cash inflow from operating activities | 31.2 |
31.3 |
||
| b. Analysis of change in net debt | 30 June 2006 £m |
Cash flows £m |
Other changes £m |
30 June 2007 £m |
| Cash at bank and in hand | 28.0 |
(13.5) |
– |
14.5 |
| Receivables due after one year | ||||
| Loan to premier Rugby Limited | 0.1 |
(0.1) |
– |
– |
| Debt due within one year | ||||
| Finance leases | (0.2) |
0.2 |
(0.2) |
(0.2) |
| Debt due after one year | ||||
| Finance leases | (0.5) |
– |
0.2 |
(0.3) |
| Term Loan | – |
(11.0) |
– |
(11.0) |
| Debentures 2075-2082 | (78.8) |
(2.5) |
– |
(81.3) |
| Total | (51.4) |
(26.9) |
– |
(78.3) |