Consolidated and company statements of cash flows - United Utilities Group PLC Annual Report 2019

			Group		Company
	Note	2019 £m	2018 £m	2019 £m	2018 £m
Operating activities
Cash generated from operations	A1	995.5	989.8	278.8	271.2
Interest paid		(143.0)	(144.6)	(28.0)	(25.1)
Interest received and similar income		7.3	5.9	–	–
Tax paid		(27.5)	(35.5)	–	–
Tax received		–	–	10.4	–
Net cash generated from operating activities		832.3	815.6	261.2	246.1
Investing activities
Purchase of property, plant and equipment		(622.3)	(698.6)	–	–
Purchase of intangible assets		(39.9)	(36.1)	–	–
Proceeds from sale of property, plant and equipment		2.1	1.1	–	–
Grants and contributions received	21	35.2	23.7	–	–
Loans to joint ventures	A6	(6.0)	(26.5)	–	–
Dividends received from joint ventures	12	2.2	3.3	–	–
Proceeds from investments	13	1.0	1.0	–	–
Net cash used in investing activities		(627.7)	(723.2)	–	–
Financing activities
Proceeds from borrowings		568.4	801.0	16.0	24.4
Repayment of borrowings		(668.6)	(345.9)	–	–
Dividends paid to equity holders of the company	9	(274.4)	(267.0)	(274.4)	(267.0)
Exercise of share options – purchase of shares		(2.8)	(3.4)	(2.8)	(3.4)
Net cash generated from/(used in) financing activities		(377.4)	184.7	(261.2)	(246.0)
Net (decrease)/increase in cash and cash equivalents		(172.8)	277.1	–	0.1
Cash and cash equivalents at beginning of the year		497.4	220.3	(0.5)	(0.6)
Cash and cash equivalents at end of the year	16	324.6	497.4	(0.5)	(0.5)

Consolidated and company statements of cash flows for the year ended 31 March