Annual Report & Accounts 1999 - Anglo Irish Bank

30
Consolidated Cash Flow Statement
For the year ended 30 September 1999
Reconciliation Of Operating Profit
To Net Operating Cash Flows
The notes on pages 32 to 65 form part of these financial statements.
1999 €m
Notes 1999 IR£m 1998 IR£m
Operating Profit 89.1 70.2 45.1
Increase in Accruals and Deferred Income 49.9 39.3 17.3
Increase in Prepayments and Accrued Income (33.0) (26.0) (9.7)
Interest Charged on Subordinated Liabilities 15.6 12.3 14.8
Provisions for Bad and Doubtful Debts 36.7 28.9 14.2
Loans and Advances Written Off Net of Recoveries (3.8) (3.0) (4.0)
Depreciation and Goodwill Amortisation 3.8 3.0 2.3
Loss on Disposal of Tangible Fixed Assets 1.5 1.2 –
Amortisation of Debt Securities 1.3 1.0 1.5
Net Cash Flow from Trading Activities 161.1 126.9 81.5
Net Increase in Deposits 1,820.1 1,433.5 1,032.1
Net Increase in Loans and Advances to Customers (1,815.3) (1,429.7) (759.9)
Net Decrease/(Increase) in Loans and Advances to Banks 65.3 51.4 (179.3)
Net Increase in Other Liabilities 1.8 1.4 0.7
Net Decrease in Provisions for Liabilities and Charges (3.9) (3.1) (2.5)
Exchange Movements 18.5 14.6 (1.5)
Net Increase in Other Assets (0.8) (0.6) (0.2)
Net Cash Flow from Operating Activities 246.8 194.4 170.9
Returns on Investment and Servicing of Finance (31.6) 28 (24.9) (21.5)
Tax Paid (7.1) (5.6) (3.7)
Capital Expenditure and Financial Investment (64.0) 28 (50.4) (94.7)
Acquisitions and Disposals (133.2) 28 (104.9) –
Equity Dividends Paid (10.0) (7.9) (7.6)
Financing 160.1 28 126.1 (5.8)
Increase in Cash 161.0 28 126.8 37.6