Financial Statements 2016 | Page 107

31. Notes to the cashflow statement Reconciliation of operating surplus to net cash inflow from operating activities 2016 2015 £000 £000 Surplus for the year 7,148 39,156 Depreciation of tangible fixed assets 9,458 8,821 Amortisation of intangible assets 1,524 1,666 Adjustments for non-cash items: (Increase)/Decrease in trade debtors and other debtors Increase/(Decrease) in trade and other creditors (83) 156 (7,239) 1,756 Increase/(Decrease) in provisions (593) (571) Net gain on business combinations (362) (34,959) Adjustments for investing or financing activities: Disposal of tangible fixed assets 1,523 224 Government grants utilised in the year (2,498) (2,421) Interest payable 16,675 14,397 Interest received (35) (28) 22 4 Corporation tax paid Net cash generated from operating activities 25,540 28,201 32. Financial assets and liabilities Group Group Association Association 2016 2015 £000 £000 2016 2015 £000 £000 Financial assets that are debt instruments measured at amortised cost Other debtors 13,717 15,999 7,265 8,531 Bank overdraft 1,488 1,000 - - Loans 396,732 392,845 280,922 279,829 Trade and other creditors 16,085 24,454 11,593 18,159 Financial liabilities measured at amortised cost Financial Statements 2016 105