- Independent auditors' report
- Consolidated income statement
- Consolidated statement of recognised income and expense
- Consolidated balance sheet
- Consolidated cash flow statement
- Company balance sheet
- Company statement of recognised income and expense and cash flow statement
- Notes to the financial statements
Notes to the financial statements
for the year ended 3 January 2009
40.Cash generated from operations
| 2008 Company €'000 | 2008 Group €'000 |
2007 Company €'000 | 2007 Group €'000 |
||||
| Profit/(loss) before tax | 36,204 | 100,005 | (12,236) | 76,081 | |||
| Development costs capitalised | - | (3,253) | - | (1,804) | |||
| Other movements - impairment charge | - | 620 | - | - | |||
| Non-cash exceptional - rationalisation/exit from Pigmeat | - | 943 | 27,858 | 13,706 | |||
| Non-cash - redemption of shares | - | - | 1,948 | - | |||
| Share of results of associates and joint ventures | - | (6,359) | - | (992) | |||
| Depreciation | - | 25,789 | - | 27,246 | |||
| Amortisation | - | 8,358 | - | 6,816 | |||
| Cost of share options | - | 827 | - | 587 | |||
| Difference between pension charge and cash contributions | - | (13,984) | - | (10,971) | |||
| Gain on disposal of property, plant and equipment | - | (5,319) | - | (3,002) | |||
| Interest income | - | (5,590) | (1,255) | (4,813) | |||
| Interest expense | - | 26,695 | - | 22,095 | |||
| Dividends received | - | - | (8,000) | - | |||
| Amortisation of government grants received | - | (600) | - | (736) | |||
| Net profit before changes in working capital | 36,204 | 128,132 | 8,315 | 124,213 | |||
| Change in net working capital | |||||||
| - (Increase in) inventory | - | (20,888) | - | (82,093) | |||
| - (Increase)/decrease in short term receivables | (32,266) | 27,088 | (21,555) | (36,615) | |||
| - Increase/(decrease) in short term liabilities | 749 | (1,481) | (10,360) | 78,744 | |||
| - Increase in provisions | - | 14,095 | - | 861 | |||
| Cash generated from operations | 4,687 | 146,946 | (23,600) | 85,110 |