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Cash flows from operating activities
12 Months Ended
Dec. 31, 2019
Cash Flow Statement [Abstract]  
Cash flows from operating activities
Cash flows from operating activities
 
 
 
Year ended December 31, 2019
 
Year ended December 31, 2018
 
Year ended December 31, 2017
 
Note
 
€m
 
€m
 
€m
Cash flows from operating activities
 
 
 
 
 
 
 
Profit for the period
 
 
153.6

 
170.5

 
136.5

Adjustments for:
 
 
 
 
 
 
 
Exceptional items
7
 
54.5

 
17.7

 
37.2

Non-cash fair value purchase price adjustment of inventory
5
 

 
5.7

 

Share based payments expense
 
 
14.9

 
13.0

 
2.6

Depreciation and amortization
 
 
68.3

 
46.3

 
42.4

Loss on disposal and impairment of property, plant and equipment
 
 
0.6

 
0.3

 
0.5

Net finance costs
10
 
73.2

 
56.0

 
74.4

Taxation
11
 
56.7

 
56.6

 
32.0

Operating cash flow before changes in working capital, provisions and exceptional items
 
 
421.8

 
366.1

 
325.6

Decrease/(increase) in inventories
 
 
23.5

 
(20.2
)
 
16.7

Increase in trade and other receivables
 
 
(34.4
)
 
(10.8
)
 
(1.6
)
(Decrease)/increase in trade and other payables
 
 
(40.6
)
 
64.5

 
18.1

Increase/(decrease) in employee benefit and other provisions
 
 
6.6

 
(2.0
)
 
(0.3
)
Cash generated from operations before tax and exceptional items
 
 
376.9

 
397.6

 
358.5