Financial Statements 2017 Financial Statements 2017 | Page 84

31 . NOTES TO THE CASH FLOW STATEMENT
Reconciliation of operating surplus to net cash inflow from operating activities
2017
2016
£’ 000
£’ 000
Surplus for the year 8,770 7,148
Adjustments for non-cash items : Depreciation of tangible fixed assets
8,942
9,458
Amortisation of intangible assets
1,529
1,524
( Increase )/ Decrease in trade debtors and other debtors
( 999 )
( 83 )
Increase /( Decrease ) in trade and other creditors
116
( 7,239 )
Increase /( Decrease ) in provisions
-
( 593 )
Net gain on business combinations
-
( 362 )
Disposal of other fixed assets
23
22
Adjustment re component accounting disposal
280
-
Adjustments for investing or financing activities : Disposal of tangible fixed assets
( 1,011 )
1,523
Amortisation of finance costs
188
-
Government grants utilised in the year
( 2,532 )
( 2,498 )
Interest payable
15,537
16,675
Interest received
( 23 )
( 35 )
Net cash generated from operating activities 30,820 25,540
32 . FINANCIAL ASSETS AND LIABILITIES
2017
2016
£’ 000
£’ 000
Financial assets that are debt instruments measured at amortised cost
Other debtors
14,491
13,717
Financial liabilities measured at amortised cost Bank overdraft
1,368
1,488
Loans
410,165
396,732
Trade and other creditors
16,134
16,085
82 Accord Housing Association