Year ended 31 Dec 2015 £m			Half year to 30 June 2016 £m	Half year to 30 June 2015 £m
56.2		Profit for the period	33.3	20.2
		Adjustments for:
(0.1)		Investment revenue	(0.1)	(0.1)
3.0		Finance costs	1.3	1.6
18.8		Taxation	12.6	10.4
48.8		Depreciation of property, plant and equipment	25.5	25.0
5.0		Amortisation of intangible assets	2.6	2.5
(2.1)		(Profit) / loss on disposal of property, plant and equipment	(0.1)	0.6
(0.4)		Share-based payments	1.6	0.8
9.0		Impairment of fixed assets	0.2	7.7
0.5		Impairment of other assets	–	0.5
(3.8)		Profit on sale of subsidiaries	–	–
134.9		EBITDA*	76.9	69.2
0.7		Decrease in inventories	2.2	0.9
0.9		(Increase) / decrease in receivables	(3.6)	(6.7)
(6.3)		Decrease in payables	(6.3)	(5.6)
4.3		(Decrease) / increase in provisions	(4.5)	8.1
134.5		Cash generated by operations	64.7	65.9
(23.2)		Income taxes paid	(11.9)	(14.9)
111.3		Net cash from operating activities	52.8	51.0

* Earnings before interest, tax, depreciation, amortisation, impairment, profit or loss on disposal of property, plant and equipment and share-based payments.

Cash and cash equivalents comprise:
16.2		Cash and bank balances	10.7	13.6
(3.8)		Bank overdrafts (included in borrowings)	(8.7)	(8.3)
12.4			2.0	5.3