cash flows from operating activities
profit before income tax
275.1
278.1
adjustments to reconcile profit before taxation to net cash provided by operating activities
depreciation and amortisation
96.0
121
increase in impairment allowance for bad and doubtful debts
0.9
1.8
increase/-decrease in impairment allowance for obsolete
increase/-decrease in impairment of property plant and
loss/-gain on disposal of property plant and equipment
1.4
-0.2
decrease in other provisions and other assets impairments
-6.1
-
share of results in equity accounted investments
-6.5
-8.2
loss/-gain on disposal of investments net
0.9
-0.3
interest expense
33.4
38.7
unrealised foreign exchange -gain/loss
-16.0
29.9
other non-cash income
-0.6
-1.1
operating profit before working capital changes
387.0
458.8
increase in accounts receivable and prepayments
-180.9
-75.9
decrease/-increase in expendable spare parts and inventories
6.7
-2.6
increase in accounts payable and accrued liabilities
40.1
27.5
income tax paid
-6.8
-85.1
income tax received
4.7
-
net cashflows from operating activities
250.8
322.7
cash flows from investing activities
proceeds from sale of property plant and equipment
4.1
6.5
dividends received
2.3
1.5
decrease in aircraft lease deposits
0.2
0.5
purchases of investments net
-2.1
5.6
purchases of property plant and equipment and intangible assets
-325.7
-336.5
net cashflows to investing activities
-321.2
-322.8
the consolidated statement of cashflows should be read in conjunction with the notes to and forming part of the
consolidated financial statements set out on pages 10 to 50
ojsc aeroflot – russian airlines
consolidated statement of cash flows
for the nine-month period ended 30 september 2009
-all amounts in millions of us dollars nine-month
period ended
30 september
cash flows from financing activities
proceeds from borrowings
426.2
744.7
sale of treasury stock
14.0
-
repayment of borrowing
-243.0
-496.8
repayment of the principal element of finance lease liabilities
-58.9
-56.1
interest paid
-82.2
-73.1
net cashflows from financing activities
51.8
58.7
effect of exchange rate fluctuations
-1.7
-3.7
net -decrease/increase in cash and cash equivalents
-20.3
54.9
cash and cash equivalents at the beginning of the period
146.8
90.6
cash and cash equivalents at the end of the period
126.5
145.5
supplemental cashflow information
interest received
1.9
3.4
non-cash investing and financing activities
property plant and equipment acquired under finance leases
0.9
19.9
