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Statement of consolidated cash flows for the year ended 30 January 2010

Year to 30 January 2010 Year to 31 January 2009

Notes £m £m
28 Cash generated from operations 647.6 586.1
Net taxation paid (40.4) (8.4)
Partnership bonus paid (124.3) (181.7)
Finance costs paid (0.7) (20.0)
Net cash generated from operating activities 482.2 376.0
Cash flows from investing activities
Purchase of property, plant and equipment (410.3) (363.8)
Purchase of intangible assets (33.2) (39.2)
Proceeds from sale of property, plant and equipment 7.1 9.0
Finance income received 5.4 12.7
Net cash used in investing activities (431.0) (381.3)
Cash flows from financing activities
Finance costs in respect of bonds (10.5) (48.7)
Payment of capital element of finance leases (0.6) (1.0)
Payments to preference shareholders (0.2) (0.2)
Payments to SIP shareholders (1.5) (0.6)
Cash inflow from borrowings 284.2 114.4
Net cash generated from financing activities 271.4 63.9
Increase in net cash and cash equivalents 322.6 58.6
Net cash and cash equivalents at beginning of period 121.8 63.2
Net cash and cash equivalents at end of period 444.4 121.8
16 Net cash and cash equivalents comprise:
Cash 84.1 66.6
Short-term investments 475.9 131.0
Bank overdraft (115.6) (75.8)
444.4 121.8

Payments to SIP shareholders is now presented within financing activities, previously in operating activities.

There are no cash movements for the parent company and, accordingly, no cash flow statement is presented.