23. Note to the statement of cash flow
Notes | 2018 | 2017 | |
€’000 | €’000 | ||
Profit for the financial year | 41,521 | 40,575 | |
Tax on profit on ordinary activities | 10 | 6,334 | 5,769 |
Net interest (income)/expense | 7 | (467) | 168 |
Operating Profit | 47,388 | 46,512 | |
Amortisation of capital grants | 20 | (542) | (542) |
Depreciation of tangible assets | 11 | 9,524 | 9,490 |
Amortisation of intangible assets | 12 | 75 | 72 |
Revaluation of investment property | 11 | (600) | (1,600) |
Profit on disposal of assets | 6 | (18) | (307) |
Decrease/(Increase) in inventories | 35 | (16) | |
(Increase)/Decrease in debtors | (3,447) | 3,488 | |
Increase/(Decrease) in creditors | 1,305 | (190) | |
Change in relation to pension provision | 1,221 | (4,387) | |
Net cash inflow from operating activities | 54,941 | 52,520 |
