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Consolidated statement of cash flows - GBP (£)
12 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities      
Cash generated from operations £ 119,604,000 £ 251,759,000 £ 200,864,000
Interest paid (18,904,000) (19,523,000) (13,219,000)
Interest received 1,187,000 736,000 487,000
Tax paid (6,637,000) (5,312,000) (2,040,000)
Net cash generated from operating activities 95,250,000 227,660,000 186,092,000
Cash flows from investing activities      
Payments for property, plant and equipment (13,260,000) (8,373,000) (5,101,000)
Proceeds from sale of property, plant and equipment 81,000   19,000
Payments for investment property   (641,000)  
Payments for intangible assets [1] (154,955,000) (193,825,000) (138,095,000)
Proceeds from sale of intangible assets [1] 46,865,000 51,871,000 38,357,000
Net cash used in investing activities (121,269,000) (150,968,000) (104,820,000)
Cash flows from financing activities      
Repayment of borrowings (419,000) (395,000) (371,000)
Dividends paid (21,982,000) (23,295,000) (20,084,000)
Net cash used in financing activities (22,401,000) (23,690,000) (20,455,000)
Net (decrease)/increase in cash and cash equivalents (48,420,000) 53,002,000 60,817,000
Cash and cash equivalents at beginning of year 290,267,000 229,194,000 155,752,000
Exchange gains on cash and cash equivalents 175,000 8,071,000 12,625,000
Cash and cash equivalents at end of year £ 242,022,000 £ 290,267,000 £ 229,194,000
[1] Payments and proceeds for intangible assets primarily relate to player and key football management staff registrations. When acquiring or selling players’ and key football management staff registrations it is normal industry practice for payments terms to spread over more than one year and consideration may also include non-cash items. Details of registrations additions and disposals are provided in note 15. Trade payables in relation to the acquisition of registrations at the balance sheet date are provided in note 23. Trade receivables in relation to the disposal of registrations at the balance sheet date are provided in note 19.