Annual report 2010/11 - East Cheshire NHS Trust

Statement of cash flows for the year ended 31 March 2011Statement of cash flows for the year ended 31 March 2011 (continued)2010-11 2009-10£000 £000Cash flows from operating activitiesOperating surplus/(deficit) 2,149 3,047Depreciation and amortisation 3,286 2,967Impairments and reversals 461 0Net foreign exchange gains/(losses) 0 0Transfer from donated asset reserve (314) (125)Transfer from government grant reserve 0 0Interest paid (84) (155)Dividends paid (1,670) (2,028)(Increase)/decrease in inventories 11 (43)(Increase)/decrease in trade and other receivables 2,573 (809)(Increase)/decrease in other current assets (75) 0Increase/(decrease) in trade and other payables (3,437) 2,651Increase/(decrease) in other current liabilities 0 (3,739)Increase/(decrease) in provisions (243) (370)Net cash inflow/(outflow) from operating activities 2,657 1,396Cash flows from investing activitiesInterest received 24 10(Payments) for property, plant and equipment (2,648) (4,758)Proceeds from disposal of plant, property and equipment 5,509 3(Payments) for intangible assets (200) (351)Proceeds from disposal of intangible assets 0 0(Payments) for investments with DH 0 0(Payments) for other investments 0 0Proceeds from disposal of investments with DH 0 0Proceeds from disposal of other financial assets 0 0Revenue rental income 0 0Net cash inflow/(outflow) from investing activities 2,685 (5,096)Net cash inflow/(outflow) before financing 5,342 (3,700)2010-11 2009-10£000 £000Cash flows from financing activitiesPublic dividend capital received 0 0Public dividend capital repaid 0 0Loans received from the DH 0 5,000Other loans received 0 0Loans repaid to the DH (5,316) (2,650)Other loans repaid 0 0Other capital receipts 0 481Capital element of finance leases and PFI 0 0Net cash inflow/(outflow) from financing (5,316) 2,831Net increase/(decrease) in cash and cash equivalents 26 (869)Cash (and) cash equivalents (and bank overdrafts)at the beginning of the financial year 354 1,223Effect of exchange rate changes on the balance of cash heldin foreign currencies 0 0Cash (and) cash equivalents (and bank overdrafts)at the end of the financial year 380 3548081