Page 107 - Annual Review - Year Ended 31 July 2023

23
Reconciliation of cash flows from operating activities
Group
Net income/(expenditure) for the year Adjustments for:
Transfer of The Downs Malvern Investment income Depreciation of tangible fixed assets Financing costs
Surplus on disposal of current/fixed assets Movement on SWAP liability
Increase in stocks
Increase in debtors
Increase in creditors
Net cash provided by operating activities
24 Analysis of net debt Net cash:
Cash at bank and and in hand
Loans falling due within one year Loans falling due after one year Net debt 2023
2022 ££
31 July 2022 £ 8 8 127 789
8 8 127 789
(1 852 771) (9 854 690)
(11 707 461)
(3 579 672)
3 980 546
(5 188 767) (33 564) 2 819 843 635 035 (4 167) (469 241) (56 819) (235 590) 831 188 2 2 278 464
Cash flow £ 4 236 273
4 236 273
697 316 (3 157 740)
(2 460 424)
1 775 849
(91 362)
- (8 792) 2 549 476 401 576 (1 059) (524 930) (4 140) (470 721) 1 1 128 482
2 978 530
31 July 2023
£ 12 364 062
12 364 062
(1 155 455) (13 012 430)
(14 167 885)
(1 803 823)
All the the movements from the the opening to closing components above result from the the cash flows of the the Group
MALVERN COLLEGE (INCORPORATED UNDER ROYAL CHARTER)
107