Notes |
2024 |
2023 |
|
Cash flows from operating activities |
|||
Profit for the year |
278,605 |
329,271 |
|
Adjustments for: |
|||
Depreciation and amortisation |
217,161 |
177,537 |
|
Asset derecognition charge |
27 |
3,435 |
|
Net finance costs |
11,323 |
4,144 |
|
Retirement benefit cost |
(200) |
346 |
|
Income tax expense |
42,499 |
49,289 |
|
549,415 |
564,022 |
||
Working capital changes: |
|||
Change in trade and other receivables |
(82,851) |
(15,672) |
|
Change in trade and other payables |
77,622 |
20,693 |
|
Change in deferred revenue |
74,233 |
(52,892) |
|
Change in provisions |
(2,410) |
(624) |
|
Change in inventory |
(52) |
- |
|
Cash from operating activities before exceptional items |
615,957 |
515,527 |
|
Exceptional items: |
|||
Connection refunds cash issued |
(82,475) |
(2,075) |
|
Connection refunds cash received |
76,597 |
1,670 |
|
Domestic customer refunds and associated processing costs |
(5) |
(4) |
|
Domestic customer refunds cash received |
24 |
16 |
|
Cash from operating activities |
610,098 |
515,134 |
|
Interest paid |
(12,271) |
(5,054) |
|
Net cash from operating activities |
597,827 |
510,080 |
2024 Annual Report &
Financial Statements