Statement of cash flows

Statement of Cashflows for the year ended 31 March 2021:

Cash flows from operating activities

Operating surplus Adjustment for surplus of sale of current asset Proceeds on sale of current assets Proceeds on sale of housing properties Depreciation of tangible fixed assets Increase in properties for sale Decrease/ (increase) in debtors Increase in creditors Grant amortisation Pension payments Other

Net cash from operating activities

Cash flow from investing activities:

Additions to fixed assets and investments Donations to other RP’s Investment Additions Net cash acquired with subsidiary undertaking Proceeds from sale of assets Grants received Interest received Return on Investment

Cash flow from financing activities:

Interest Paid and other finance costs Loan repaid Drawdown from loan facilities

Net change in cash and equivalents

Cash and equivalents at beginning of year Cash and equivalents at end of year

Movement in cash and equivalents

2021 2020 2021 2020 £’000 £’000 £’000 £’000

92,088 106,988 89,580 93,705 (11,615) (33,672) (8,014) (12,285) 114,836 142,071 35,451 43,079 14,081 16,536 14,081 16,536 35,837 27,555 33,022 25,981 (91,407) (107,830) (44,728) (27,655) 7,275 (5,134) 17,358 (8,326) 2,516 1,274 6,540 4,306 (5,695) (6,086) (5,695) (5,556) (35,810) (7,207) (35,810) (7,207) (974) (1,879) (192) (399)

121,132 132,616 101,593 122,257

(193,709) (303,766) (197,806) (308,135)

(128) (40,672) (128) (40,672) - 1,055 - -

154 2,228 154

1,372 78,037 82,011 78,037 82,023 155 239 1,826 1,912

372 - 372 -

(115,119) (258,904) (117,545) (263,500)

(43,261) (44,955) (42,265) (43,535) (227,018) (185,934) (207,570) (181,884) 260,153 379,517 256,912 376,506 (10,126) 148,628 7,077 151,087 (4,113) 22,339 (8,875) 9,844

56,426 34,087 43,661 33,817 52,313 56,426 34,786 43,661 (4,113) 22,339 (8,875) 9,844