Martlet Homes Limited - Hyde Housing Association
Martlet Homes Limited - Hyde Housing Association
Martlet Homes Limited - Hyde Housing Association
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MARTLET HOMES LIMITED<br />
CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2010<br />
2010 2009<br />
£’000 £’000<br />
Net cash flow from operating activities 15,610 9,420<br />
Returns on investments and servicing of<br />
finance<br />
Interest received 55 120<br />
Interest paid (4,344) (6,239)<br />
Net cash outflow from returns on investment<br />
and servicing of finance (4,289) (6,119)<br />
Taxation<br />
Taxation - (644)<br />
Capital expenditure<br />
Acquisition and construction of housing<br />
properties (15,868) (20,432)<br />
Social <strong>Housing</strong> and other grants received 7,340 4,968<br />
Purchase of other fixed assets (65) (112)<br />
Sale of housing properties 1,478 1,187<br />
Net cash outflow from capital expenditure (7,115) (14,389)<br />
Management of liquid resources<br />
Gift aid - (2,900)<br />
Net cash inflow/(outflow) before use of liquid<br />
resources and financing 4,206 (14,632)<br />
Financing<br />
Loans received - 13,400<br />
- 13,400<br />
Increase/(decrease) in cash 4,206 (1,232)<br />
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