Arhag Annual Report 2019/2020

Cashflow statement as at 31 March 2020 2020 (£'000) 2019 (£’000) Net cash generated from operating activities: Operating Cashflows 3,604 1,914 Cash flow from investing activities: Proceeds from Sales 2,310 - Profit/(Loss) on Sale (580) - Grants Repaid (200) - Purchase of Fixed Assets (3,108) (3,907) Interest Received 4 5 Net cash used In investing activities (1,574) (3,902) Cash flow from financing activities: New secured loans - 5,717 Loan Repayments (1,387) (1,075) Interest Paid (1,303) (1,073) Net cash generated (used in)/from financing activities (2,690) 3,569 Net (decrease)/increase in cash and cash equivalents (660) 1,581 Cash and cash equivalents at the beginning of the year 3,723 2,142 Cash and cash equivalents at the end of the year 3,063 3,723 Cash and cash equivalents consist of: Cash at bank and in hand 3,063 3,723 Cash & Cash Equivalent 3,063 3,723 Operating Surplus 2,085 1,144 Depreciation 1,918 1,340 Grant Amortisation (603) (669) Stock & WIP 966 (609) Change in Debtors (186) (127) Change in Creditors (576) 835 Net cash inflow from operating activities 3,604 1,914 Annual Report 2019-2020 37