TRUSTEES' REPORT AND ACCOUNTS 2022 49
Notes
2022
£'000
2021
£'000
Cash flows from operating activities
Net cash provided by operating activities A 10,787 21,528
Cash flows from investing activities:
Dividends, interest and rents from investments 2,620 1,967
Interest received 147 18
Proceeds from the sale of property, equipment and motor vehicles 22,066 4,692
Purchase of intangibles (174) (55)
Purchase of property, plant and equipment (856) (2,192)
Proceeds from sale of investments 17,062 16,980
Purchases of investments (37,562) (42,998)
(Increase)/decrease in portfolio cash (6,714) (3,364)
Disposal/(addition) of programme related investments - 1,355
Net cash provided by investing activities (3,411) (23,597)
Change in cash and cash equivalents in the reporting period 7,376 (2,069)
Cash and cash equivalents at the beginning of the reporting period 23,396 25,465
Cash and cash equivalents at the end of the reporting period B 30,772 23,396
Notes to the consolidated cash flow statement
A) Reconciliation of net income to net cash flow from operating activities
Net income for the reporting period 15,758 44,359
Depreciation and amortisation charges 4,342 5,631
Losses/(gains) on investments 9,630 (8,042)
Dividends and interest from investments (2,767) (1,985)
Profit on disposal of fixed assets (7,582) (2,698)
Decrease/(increase) in stocks 318 (159)
(Increase)/decrease in debtors (5,894) (15,002)
(Decrease)/increase in creditors (1,011) 1,045
(Decrease)/increase in provisions (37) (146)
Pension costs less contributions payable (2,171) (2,004)
Pension scheme finance costs 201 529
Net cash provided by operating activities 10,787 21,528
B) Analysis of cash and cash equivalents
Cash in hand 30,772 23,396
Total cash and cash equivalents 30,772 23,396
No separate cash flow has been produced for the charity as permitted by FRS Section 1.12(b).
The notes on pages 51 to 77 form part of these accounts.
Consolidated cash flow statement
Year ended 31 December 2022