I. Analysis of movements in the Group's net debt in the period
| At
29 March
2019
£m | Cash flow
£m | Recognised
on adoption
of IFRS 16 | Other
non-cash
changes
£m | At
3 April
2020
£m |
| Cash and cash equivalents at bank and in hand | (7.4) | 122.7 | – | – | 115.3 |
| Debt due after one year | (63.8) | (115.0) | – | (0.3) | (179.1) |
| Total net debt excluding leases | (71.2) | 7.7 | – | (0.3) | (63.8) |
| Current lease liabilities | (1.3) | 87.7 | (79.4) | (90.2) | (83.2) |
| Non-current lease liabilities | (9.3) | – | (377.4) | 53.9 | (332.8) |
| Total lease liabilities | (10.6) | 87.7 | (456.8) | (36.3) | (416.0) |
| Total net debt | (81.8) | 95.4 | (456.8) | (36.6) | (479.8) |
| | At
30 March
2018
£m | Cash flow
£m | Other
non-cash
changes
£m | At
29 March
2019
£m |
| Cash and cash equivalents at bank and in hand | | 7.5 | (14.9) | – | (7.4) |
| Debt due after one year | | (83.7) | 20.3 | (0.4) | (63.8) |
| Total net debt excluding leases | | (76.2) | 5.4 | (0.4) | (71.2) |
| Current lease liabilities | | (1.3) | 0.6 | (0.6) | (1.3) |
| Non-current lease liabilities | | (10.3) | – | 1.0 | (9.3) |
| Total lease liabilities | | (11.6) | 0.6 | 0.4 | (10.6) |
| Total net debt | | (87.8) | 6.0 | – | (81.8) |
Non-cash changes include finance costs in relation to the amortisation of capitalised debt issue costs of £0.4m (2019: £0.6m) and changes in classification between amounts due within and after one year.
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.