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Consolidated statement of cash flows - GBP (£)
12 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities      
Cash generated from operations £ 263,609,000 £ 119,604,000 £ 251,759,000
Interest paid (18,986,000) (18,904,000) (19,523,000)
Interest received 2,857,000 1,187,000 736,000
Tax paid (2,696,000) (6,637,000) (5,312,000)
Net cash inflow from operating activities 244,784,000 95,250,000 227,660,000
Cash flows from investing activities      
Payments for property, plant and equipment (13,737,000) (13,260,000) (8,373,000)
Proceeds from sale of property, plant and equipment   81,000  
Payments for investment properties (12,424,000)   (641,000)
Payments for intangible assets [1] (178,175,000) (154,955,000) (193,825,000)
Proceeds from sale of intangible assets [1] 42,994,000 46,865,000 51,871,000
Net cash outflow from investing activities (161,342,000) (121,269,000) (150,968,000)
Cash flows from financing activities      
Repayment of borrowings (3,750,000) (419,000) (395,000)
Dividends paid (23,326,000) (21,982,000) (23,295,000)
Net cash outflow from financing activities (27,076,000) (22,401,000) (23,690,000)
Net increase/(decrease) in cash and cash equivalents 56,366,000 (48,420,000) 53,002,000
Cash and cash equivalents at beginning of period 242,022,000 290,267,000 229,194,000
Effect of exchange rate changes on cash and cash equivalents 9,249,000 175,000 8,071,000
Cash and cash equivalents at end of period £ 307,637,000 £ 242,022,000 £ 290,267,000
[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 reporting date are provided in note 22. Trade receivables in relation to the disposal of registrations at the reporting date are provided in note 18.