Company Cash Flow Statement For the year ended 30 April 2016

Cash flows from operating activities
Profit on ordinary activities before taxation(12,609)(10,521)
Finance income(5,585)(3,159)
Finance costs13,1752,297
Operating loss from continuing operations(5,019)(11,383)
Share-based payments1,7921,557
Decrease/(increase) in derivative financial instruments20
Decrease/(increase) in trade and other receivables1,001(963)
(Decrease)/increase in trade and other payables(1,638)1,388
Increase in provisions(353)117
Cash used in continuing operations(4,182)(9,269)
Interest paid(7,032)(1,365)
Tax paid1,137
Net cash used in operating activities(11,214)(9,497)
Cash flows from investing activities
Purchases of property, plant and equipment(25)(22)
Interest (paid)/received4132
Increase in equity investments(1,984)(211,161)
Net cash used in investing activities(2,005)(211,051)
Cash flows from financing activities
Proceeds from issues of ordinary share capital34194,584
Purchase of own shares(2,209)(2,666)
Equity dividends paid to shareholders12(8,999)(7,011)
Proceeds from new bank funding14,021163,610
Loans from/(to) subsidiaries57,884(29,310)
Repayment of amounts borrowed(45,617)(15,000)
Upfront loan facility fees(1,913)
Net cash generated from/(used in) financing activities15,421202,294
Net increase/(decrease) in cash and cash equivalents2,202(18,254)
Effects of exchange rate changes(230)
Cash and cash equivalents at start of year48018,734
Cash and cash equivalents at end of year192,452480