Forecast information for Saturn plc for next year is as follows:

£m Projected profit before taxation (after interest) 165 Depreciation charged in arriving at operating profit 41 Interest expense 21 At the beginning of the year:

Inventories 22 Trade receivables 18 Trade payables 15 At the end of the year:

Inventories 23 Trade receivables 21 Trade payables 17 The following further information is available about forecast payments during next year:

£m Taxation paid 49 Interest paid 25 Dividends paid 28 Required:

What will be the projected net cash from operating activities for next year?