The cash flows for operating activities include the following items:

The cash flows from operating activities include the following items: 2024/25 £000's 2025/26 £000's

Interest Received 30,292 19,042

Interest Paid (41,437) (38,798)

Dividends Received 1,626 610

The Surplus/(Deficit) on the Provision of Services has been Adjusted for the Following Non-Cash Movements: 2024/25 £000's 2025/26 £000's

Depreciation and Amortisation 76,063 70,661

Impairment and Downward Valuations 29,586 28,643

Increase/(Decrease) in Provision of Expected Credit Losses (393) 16,512

Increase/(Decrease) in Creditors (2,369) (9,490)

(Increase)/Decrease in Debtors (20,545) (46,394)

Movement in Pension Liability (6,178) (16,329)

Carrying Amount of Non-Current Assets and Non-Current Assets Held for Sale, Sold or Derecognised 25,668 8,246

Other Non-Cash Items Charged to the Net Surplus or (Deficit) on the Provision of Services

Increase/(Decrease) in Provisions (4,720) (3,379)

Increase/(Decrease) in Accumulated Absences 1,794 152

Total 98,906 48,622

The Surplus/(Deficit) on the Provision of Services has been Adjusted for the Following Items that are Investing and Financing Activities: 2024/25 £000's 2025/26 £000's

Proceeds from the Sale of Property Plant and Equipment, Investment Property and Intangible Assets (14,013) (18,100)

Grant Receipts for the Financing of New Capital Expenditure (57,787) (68,543)

Net cash flows from operating activities (71,800) (86,643)