cash flows from operating activities
profit before income tax
411.6
483.9
adjustments to reconcile profit before taxation to net cash provided by operating activities
depreciation and amortisation
1617
164.5
change in impairment allowance for bad and doubtful debts
-2.6
-0.9
accounts receivable write off
1.0
2
change in impairment allowance for obsolete inventory
-0.1
1.1
change in impairment of property plant and equipment
-0.3
-2.2
non-cash operations related to assets held for sale
-
19.5
loss on disposal of property plant and equipment
8.0
5.7
accounts payable write off
-5.6
-
share of results in equity accounted investments
-1.5
-0.8
loss/-gain on disposal of investments
9.4
-199.3
change in tax and legal provisions
2.8
-0.3
net change in fair value of hedge instruments
-2.5
3.6
interest expense
84.1
97.1
unrealised net foreign exchange -gain/loss
-66.6
88.4
share based payment reserve
1.7
4.5
increase -decrease in other provisions and other assets impairments
-1.5
-1
custom duty recovery
-
-39.7
other non-cash income
-2.2
-0.8
dividend income
-3.0
-0.8
operating profit before working capital changes
629.4
571.5
change in accounts receivable and prepayments and other noncurrent assets
-132.5
-252.5
change in expendable spare parts and inventories
-25.8
-4.4
change in accounts payable and accrued liabilities
231.8
275.9
income tax paid
-93.8
-76.3
income tax received
21.9
-
net cash flows from operating activities
631.0
514.2
cash flows from investing activities
proceeds from sale of investments
18.4
6.5
purchases of investments
-9.3
-17.1
proceeds from sale of equity accounted investments
1.7
80.6
proceeds from sale of subsidiary company net
-
13.9
proceeds from sale of property plant and equipment
82.1
1.3
purchases of property plant and equipment and intangible assets
-133.7
-67.3
dividends received
3.4
0.9
predelivery lease -prepayments/return net
32.2
-407.1
net cash flows used in investing activities
-5.2
-388.3
cash flows from financing activities
proceeds from borrowings
484.0
257.8
repayment of borrowing
-629.0
-195.6
sale of treasury stock
4.8
16.6
the condensed consolidated interim statement of cash flows should be read in conjunction with the notes to and
forming part of the condensed consolidated interim financial statements set out on pages 9 to 39
ojsc aeroflot – russian airlines
condensed consolidated interim statement of cash flows
for the nine-month period ended 30 september 2012
-all amounts in millions of us dollars
period ended
period ended
30 september
30 september
purchases of treasury stock
-
-105.1
repayment of the principal element of finance lease liabilities
-199.9
-87.7
interest paid
-48.3
-71.4
dividends paid
-58.2
-36.2
proceeds from hedging instrument
7.3
6.8
net cash flows used in financing activities
-439.3
-214.8
effect of exchange rate fluctuations
17.4
-26.1
net increase/-decrease in cash and cash equivalents
203.9
-115
cash and cash equivalents at the beginning of the period
393.1
660.4
cash and cash equivalents at the end of the period
597.0
545.4
supplemental cash flow information
interest received
9.4
8.8
non-cash investing and financing activities
property plant and equipment acquired under finance leases
483.8
191
