Notes2019
£m
2018
£m
Cash flow from operating activities
Profit for the year270.315.5
Cash inflow for the year before changes in working capital0.315.5
Decrease/(increase) in intercompany balances12.4(4.3)
Net cash generated from operating activities12.711.2
Cash flows from investing activities
Cash flows from financing activities
Proceeds from the issue of ordinary share capital260.31.5
Equity dividends paid11(12.9)(12.8)
Net cash used in financing activities(12.6)(11.3)
Net increase/(decrease) in cash and cash equivalents0.1(0.1)
Cash and cash equivalents at beginning of year0.10.2
Cash and cash equivalents at end of year0.20.1

The Notes to the financial statements are an integral part of these Financial Statements.