Notes53 weeks to
3 April
52 weeks to
29 March
Cash flows from operating activities
Profit after tax for the period, before non-underlying items46.748.3
Non-underlying items(29.2)(6.4)
Profit after tax for the period17.541.9
Depreciation – property, plant and equipment1224.323.0
Impairment – property, plant and equipment125.4
Amortisation and impairment of right-of-use assets83.0
Amortisation – intangible assets1111.413.0
Net finance costs613.63.4
Loss on disposal of property, plant and equipment and intangibles32.85.5
Equity-settled share-based payment transactions1.00.3
Exchange movement(2.0)(0.3)
Income tax expense1.99.1
Decrease in inventories3.911.9
Decrease/(increase) in trade and other receivables3.7(3.1)
Increase/(decrease) in trade and other payables44.4(19.2)
(Decrease)/increase in provisions(3.1)2.7
Income tax paid(16.3)(12.7)
Net cash from operating activities191.575.5
Cash flows from investing activities
Acquisition of subsidiary, net of cash acquired(10.9)
Purchase of investment(0.5)
Purchase of intangible assets(12.5)(11.0)
Purchase of property, plant and equipment(21.1)(18.4)
Net cash used in investing activities(44.5)(29.9)
Cash flows from financing activities
Net proceeds from share options and purchase of own shares(0.6)
Finance income received0.3
Finance costs paid(13.5)(3.1)
Payment of loan following acquisition(1.8)
Proceeds from loans, net of transaction costs1,377.01,138.7
Repayment of borrowings(1,262.0)(1,159.0)
Payment of capital element of leases (2019: payments on finance leases)(87.7)(0.6)
Dividends paid8(36.6)(35.9)
Net cash used in financing activities(24.3)(60.5)
Net increase/(decrease) in cash and bank overdraftsI.122.7(14.9)
Cash and cash equivalents at the beginning of the period(7.4)7.5
Cash and cash equivalents at the end of the periodI.115.3(7.4)

Cash and cash equivalents at the period end consist of £115.5m (2019: £9.8m) of liquid assets and £0.2m (2019: £17.2m) of bank overdrafts.

The notes to the Financial Statements are an integral part of these consolidated financial statements.