Air New Zealand 2009 Annual Report Download - page 53

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As at 30 June
2009
$M
2008
$M
2007
$M
2006
$M
2005
$M
Current Assets
Bank and short term deposits 1,573 1,289 1,058 1,150 1,071
Other current assets 702 823 672 571 561
Total Current Assets 2,275 2,112 1,730 1,721 1,632
Non-Current Assets
Property, plant and equipment 2,337 2,534 2,636 2,669 2,012
Other non-current assets 433 377 300 395 448
Total Non-Current Assets 2,770 2,911 2,936 3,064 2,460
Total Assets 5,045 5,023 4,666 4,785 4,092
Current Liabilities
Net debt1172 158 116 345 84
Other current liabilities 1,587 1,549 1,460 1,236 1,136
Total Current Liabilities 1,759 1,707 1,576 1,581 1,220
Non-Current Liabilities
Net debt11,107 1,167 1,269 1,113 809
Other non-current liabilities 574 572 433 497 522
Total Non-Current Liabilities 1,681 1,739 1,702 1,610 1,331
Total Liabilities 3,440 3,446 3,278 3,191 2,551
Net Assets 1,605 1,577 1,388 1,594 1,541
Total Equity 1,605 1,577 1,388 1,594 1,541
1. Net debt is comprised of bank overdraft, borrowings, finance lease liabilities and convertible notes.
HISTORICAL SUMMARY OF CASH FLOWS
For the year to 30 June
2009
$M
2008
$M
2007
$M
2006
$M
2005
$M
Cash flow from operating activities 486 743 455 473 437
Cash flow from investing activities (216) (290) (572) (772) (532)
Cash flow from financing activities 14 (221) 24 379 145
Increase/(decrease) in cash holding 284 232 (93) 80 50
Total cash held 1,573 1,289 1,057 1,150 1,070
The Group adopted NZ IFRS on 1 July 2007. Only information from 2007 onwards is compliant with NZ IFRS. In accordance with exemptions available
under NZ IFRS 1, all previous information is compliant with previous GAAP.
AIR NEW ZEALAND
HISTORICAL SUMMARY OF FINANCIAL POSITION
FIVE YEAR STATISTICAL REVIEW
51