Consolidated statement of cash flows

(Deficit) / surplus for the year

(475)

(6,044)

Adjustments for non-cash items

Depreciation

5,314

5,735

Deferred capital grants released

(649)

(528)

Pension costs less contributions payable

1,220

2,143

(Increase) /decrease in operating debtors

(812)

2

Increase / (decrease) in operating creditors

(940)

Increase / (decrease) in pension provision

(502)

Adjustments for investing or financing activities

Investment income and interest receivable

(56)

(85)

Interest payable

1,187

1,246

(Gain)/loss on the sale of tangible assets

Net cash inflow / (outflow) from operating activities

4,283

3,691

Cash flows from investing activities

Investment income

Payments made to acquire fixed assets

(940)

(1,011)

(884)

(926)

Cash flows from financing activities

Interest paid

(1,187)

(1,246)

Repayments of amounts borrowed

(1,522)

(1,521)

(2,709)

(2,767)

Increase / (decrease) in cash and cash equivalents in the year

690

2

Cash and cash equivalents at beginning of the year

8,082

8,084

Cash and cash equivalents at end of the year

8,772

8,082