17 | Cash and cash equivalents and cash flow supporting notes |
Cash and cash equivalents for purposes of the consolidated statement of cash flows comprises:
2017 | 2016 | 2015 | ||||||||||
£’000 | £’000 | £'000 | ||||||||||
Cash at bank available on demand | 13,204 | 17,608 | 16,175 |
There were no significant non-cash transactions during the year.
During the year, cash inflows arose from an equity financing transaction, included within financing activities on the face of the cash flow statement.
2017 | 2016 | 2015 | ||||||||||
£’000 | £’000 | £'000 | ||||||||||
Funds raised on Public Offering | 6,157 | 16,673 | - | |||||||||
Costs of raising funds on Public Offering | (429 | ) | (1,105 | ) | - | |||||||
5,728 | 15,568 | - |
The following changes in liabilities arose as a result of financing activities during the year:
Non-current liabilities, borrowings |
Current liabilities, borrowings |
Total | ||||||||||
£’000 | £’000 | £’000 | ||||||||||
At 1 January 2017 | - | 23 | 23 | |||||||||
Cash Flows | 5,249 | (12 | ) | 5,237 | ||||||||
Foreign Exchange | (42 | ) | - | (42 | ) | |||||||
At 31 December 2017 | 5,207 | 11 | 5,218 |