Noble VCT plc - Foresight Group
Noble VCT plc - Foresight Group
Noble VCT plc - Foresight Group
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Cash Flow Statement<br />
for the year ended 31 March 2007<br />
NOBLE <strong>VCT</strong> PLC 29<br />
Year ended Year ended<br />
31 March 2007 31 March 2006<br />
Notes £’000 £’000 £’000 £’000<br />
Operating activities<br />
Investment income received - qualifying 261 21<br />
Deposit and similar interest received - non qualifying 129 241<br />
Investment management fees paid (583) (433)<br />
Secretarial fees paid (76) (24)<br />
Other cash payments (167) (191)<br />
Net cash outflow from operating activities 14 (436) (386)<br />
Taxation 33 -<br />
Financial investment<br />
Sale of AIM and other quoted investments<br />
Purchase of unquoted investments and<br />
5,594 4,416<br />
investments quoted on AIM (8,623) (9,083)<br />
Net cash outflow from financial investment (3,029) (4,667)<br />
Equity dividends paid<br />
Dividends paid (1,027) (373)<br />
Net cash outflow from equity dividends paid (1,027) (373)<br />
Net cash outflow before use of liquid resources and financing (4,459) (5,426)<br />
Financing<br />
New share issues 4,864 5,797<br />
Repurchase of own shares (445) (420)<br />
Share issue expenses (including stamp duty) (135) (326)<br />
Net cash inflow from financing 4,284 5,051<br />
Decrease in cash 15 (175) (375)<br />
The notes on pages 30 to 37 form part of these financial statements.
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