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Wiley lFRS: Practicallmplementation Guide and Workbook
Compa ny cash flow statement
52 weeks ended
April I, 2006
£m
52 weeks ended
April
2,
2005
£m
Cash fl ows from operating activities
Cash generated from operations
Tax paid
Net cash (outflow)/inflow from operating activities
Cash fl ows from investing activities
Dividend s received
Preacqui sition dividend received
Investment in subsidiary
Intere st received
Net cash inflow from investin g activities
Cash fl ows from finan cing activities
Interest paid
Nonequity dividends paid
Purchase of own shares
Redemption of nonequity B shares
Shares issued under employee share schemes
Repa yment of intercompany loan
Tender offer expenses
Equity dividends paid
Net cash outflow from financing activiti es
Net cash inflow from activitie s
Cash and cash equivalents at beginn ing and end of
period
(0.4 )
(0.5)
(09)
205 .2
(0. 1)
(2.5 )
(11.0)
61.8
(48.4 )
0.7
946.7
1,626.7
(5.5)
-.U
2.5.62.6
(2.8)
(2,300.0)
(19.2)
68.4
(64.9)
(14.9)
(236.9)
~)
***
Authors' editorial clarification-"Notes" CI , C2, C3, C4, C5,
C6,
C7,
C8,
and
C9
are set out below.
CI Accounting Policies. The Company's accounting policies are given in Note I of the Group finan cial
statements.
C2
Employees. The Company had no employees during the current or prior period. Directors received
emoluments in respect of their services to the Company during the period of £502,000 (last year
£401,000). The company did not operate any pension schemes during the current or preceding finan–
cial year.
C3
Auditors'Remuneration. Auditors' remuneration of £0.3m (last year £0.2m) in respect of the Com–
pany 's annual audit has been borne by its subsidiary Marks and Spencer pic.
C4
Interest.
Bank and other interest receivable
Dividends on nonequity B shares'
Net interest (payable)/receivable
2006
£m
(2.5)
(2.5)
2005
£m
1.7
1.7
J
Under lAS
32- "
Financial Instruments" dividends on nonequity shares, previously shown as dividends, are now
treated as interest payable.
C5
Dividends.
2006
2005
2006
2005
Per share
Per share
£m
£m
Dividends on equity ordinary shares
Paid final dividend
7.5p
7.lp
124.3
161.3
Paid interim dividend
4.8p
4.6p
79.8
75.6
Jl,jjJ
JJ;Zg
204 I
23Q.2
Dividends on nonequity B shares'
Interim dividend
3.36%
1.4
Final dividend
3.78%
1.4
2Jlil
2l2..Z
1 Under lAS
32-"
Financial Instruments" dividends on nonequity sha res, previously shown as dividends, are now
treated as interest payable.
In addition, the directors have proposed a final dividend in respect of the finan cial year ended April I ,
2006 of 9.2p per share mounting to a dividend of £1
54.
8m. It will be paid on July 14, 2006 to share–
holders who are on the Register ofMember on June
2,
2006. In line with the requirements of lAS 10–
"Events after the Balance Sheet Date," the dividend has not been recognised in these results.