profit before income tax
42.2
62.5
adjustments to reconcile profit before taxation to net cash provided by operating activities
depreciation and amortisation
91.3
62.7
-decrease/increase in impairment allowance for bad and
accounts receivable write off
1.0
-
decrease in impairment allowance for obsolete inventory
-2.1
-
-decrease/increase in impairment of property plant and
loss on disposal of property plant and equipment
0.7
1.2
loss on disposal of assets held for sale
12.4
-
share of results in equity accounted investments
-3.3
-2.9
-gain/loss on disposal of investments
-0.2
1.1
-decrease/increase in tax and legal provisions
-1.6
10.2
impairment expense on assets held for sale
-7.3
-
interest expense
73.1
23.4
unrealised foreign exchange loss/-gain
51.6
-2.4
other non-cash income
-0.6
-0.8
operating profit before working capital changes
255.7
164.4
-increase/decrease in accounts receivable and prepayments and
other non-current assets
-82.2
80.7
decrease in expendable spare parts and inventories
0.8
4.5
increase in accounts payable and accrued liabilities
251.8
44.2
income tax received
0.6
-
net cash flows from operating activities
423.2
289.8
cash flows from investing activities
proceeds from sale of investments
10.1
-
proceeds from sale of property plant and equipment
7.8
1.7
return of aircraft advances
-
-
dividends received
1.9
2.3
decrease in aircraft lease deposits
-0.1
0.3
purchases of investments
-17.4
-0.8
purchases of property plant and equipment and intangible assets
-63.6
-250.3
net cash flows to investing activities
-67.5
-246.8
the 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 36
ojsc aeroflot – russian airlines
condensed consolidated interim statement of cash flows
for the six months period ended 30 june 2010
-all amounts in millions of us dollars
cash flows from financing activities
proceeds from borrowings
1000.1
316.1
sale of treasury stock
-
13.7
purchases of treasury stock
-95.8
-
repayment of borrowing
-633.8
-157
repayment of the principal element of finance lease liabilities
-50.0
-43.3
interest paid
-69.7
-54.9
net cash flows from financing activities
150.8
74
effect of exchange rate fluctuations
-20.6
-3.1
net increase in cash and cash equivalents
485.9
113.9
cash and cash equivalents at the beginning of the period
121.1
146.8
cash and cash equivalents at the end of the period
607.0
260.7
supplemental cash flow information
interest received
4.1
1.1
non-cash investing and financing activities
property plant and equipment acquired under finance leases
-
0.1
