Ardagh Glass Finance plc - Irish Stock Exchange

CONSOLIDATED CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 DECEMBER 2007
31 December 31 December
Note 2007 2006
E’000 E’000
Cash flows generated from operating activities
Cash generated from operations ............................. 23 170,474 53,266
Net interest paid ........................................ (49,629) (24,967)
Income tax paid ........................................ (5,332) (1,070)
Net cash generated from operating activities ...................... 115,513 27,229
Cash flows from investing activities
Acquisition of subsidiary net of cash acquired ................... 25 (602,377) —
Acquisition costs paid .................................... 25 (11,770) —
Acquisition of minority interest in HSU ....................... 22 — (280)
Dividends from joint venture ............................... 10 100 220
Purchase of property, plant and equipment ..................... 9 (99,196) (32,460)
Purchase of software ..................................... 8 (225) (166)
Proceeds from disposal of property, plant and equipment .......... 23 2,350 47
Net cash used in investing activities ........................... (711,118) (32,639)
Cash flows from financing activities
Net movement on borrowings .............................. 618,325 7,123
Deferred finance costs paid ................................ (23,081) —
Capital element of finance lease payments ..................... (5,311) (4,619)
Net cash used in financing activities ........................... 589,933 2,504
Net(decrease)/increase in cash and cash equivalents .............. (5,672) (2,906)
Cash and cash equivalents at beginning of the period ............. 24 68,023 70,768
Exchange gains/(losses) on cash and bank overdrafts .............. 283 161
Cash and cash equivalents at end of the year ................... 24 62,634 68,023
The notes to the Consolidated Financial Statements are an integral part of these Financial Statements.
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