115

Notes £000 £000

2026 2025

Cash flows from financing activities

Grants from Scottish Government 224,855 220,719

Financial Transactions financing from Scottish Government net of repayments 18 12,150 (3,169)

Net cash flow from financing activities 237,005 217,550

Net (decrease) / increase in cash and cash equivalents in the period 5,485 (1,349)

Cash and cash equivalents at the beginning of the period 17 170,160 171,509

Cash and cash equivalents at the end of the period 17 175,645 170,160

The notes on pages 145 to 197 form part of these accounts.