for the financial year ended 31 December 2020
2020 | 2019 | ||
Notes | €m | €m | |
Net cash inflow from operating activities | 46.1 | 84.8 | |
Cash flow from investing activities | |||
Proceeds on disposal of property, plant and equipment | 4.9 | 1.8 | |
Return of vessel contract deposit | 33.0 | - | |
Purchases of property, plant and equipment | (29.1) | (53.9) | |
Purchases of intangible assets | (1.0) | (0.2) | |
Net cash inflow / (outflow) from investing activities | 7.8 | (52.3) | |
Cash flow from financing activities | |||
Dividends paid to equity holders of the Company | - | (24.7) | |
Share buyback | (1.7) | (12.9) | |
Repayments of leases liabilities | (9.2) | (9.0) | |
Repayments of bank loans | (3.7) | - | |
Proceeds on issue of ordinary share capital | 0.2 | 0.1 | |
Net cash (outflow) from financing activities | (14.4) | (46.5) | |
Net increase / (decrease) in cash and cash equivalents | 39.5 | (14.0) | |
Cash and cash equivalents at beginning of year | 110.9 | 124.7 | |
Effect of foreign exchange rate changes | - | 0.2 | |
Cash and cash equivalents at end of year | 150.4 | 110.9 |