Unaudited condensed consolidated statements of cash flows

13 weeks
ended
2 August
2008
$m		 13 weeks
ended
4 August
2007
$m		 26 weeks
ended
2 August
2008
$m		 26 weeks
ended
4 August
2007
$m
Cash flows from operating activities:
Net income 19.7 41.0 45.4 74.3
Adjustments to reconcile net income to cash flows provided by operations:
Depreciation of property, plant and equipment 25.5 25.8 52.6 49.8
Amortisation of other intangible assets 1.5 1.1 2.8 2.3
Pension expense 0.3 (0.4) 0.5 (0.8)
Share-based payments expense 0.4 (2.9) 0.7 (1.2)
Deferred taxation - - (1.5) -
Other non-cash movements 1.4 0.6 (2.8) (1.3)
Loss on disposal of property, plant and equipment 0.4 - 0.1 -
Changes in operating assets and liabilities:
Decrease/(increase) in inventories 58.1 43.6 9.4 (5.4)
Decrease in trade receivables 24.0 11.6 86.0 69.7
(Increase)/Decrease in other receivables (5.9) (9.4) (7.0) 0.5
Decrease/(increase) in other current assets 0.7 (15.5) 2.7 (10.5)
Decrease in accounts payable (21.6) (19.7) (12.8) (31.4)
Decrease in accrued expense and other liabilities (5.4) (0.1) (45.0) (49.4)
Decrease in income taxes payable (6.1) (14.1) (16.1) (35.9)
Net cash provided by operating activities 93.0 61.6 115.0 60.7
Investing activities:
Purchase of property, plant and equipment (38.0) (27.8) (63.1) (51.9)
Purchase of other intangible assets (2.3) (2.0) (3.6) (6.2)
Proceeds from sale of property, plant and quipment - - 1.0 -
Net cash flows used in investing activities (40.3) (29.8) (65.7) (58.1)
Financing activities:
Dividends paid (107.4) (107.6) (107.4) (107.6)
Proceeds from issue of stock - 2.3 - 5.5
Purchase of own stock - - - (29.0)
Proceeds from short term borrowings 94.1 15.5 83.7 22.0
Net cash flows used in financing activities (13.3) (89.8) (23.7) (109.1)
Cash and cash equivalents at beginning of period 29.2 105.0 41.7 152.3
Increase/(decrease) in cash and cash equivalents 39.4 (58.0) 25.6 (106.5)
Effect of exchange rate changes on cash and cash equivalents (1.7) 4.8 (0.4) 6.0
Cash and cash equivalents at end of period 66.9 51.8 66.9 51.8

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements