Air New Zealand 2015 Annual Report Download - page 45

Download and view the complete annual report

Please find page 45 of the 2015 Air New Zealand annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 68

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68

Air New Zealand Annual Financial Results 2015 43
Historical Summary of Financial Position
Five Year Statistical Review
As at 30 June
2015
$M
2014
$M
2013
$M
2012
$M
2011
$M
Current Assets
Bank and short term deposits
Other current assets
1,321
661
1,234
593
1,150
693
1,029
658
860
615
Total Current Assets 1,982 1,827 1,843 1,687 1,475
Non-Current Assets
Property, plant and equipment
Other non-current assets
4,061
732
3,279
744
2,933
820
3,090
668
2,714
713
Total Non-Current Assets 4,793 4,023 3,753 3,758 3,427
Total Assets 6,775 5,850 5,596 5,445 4,902
Current Liabilities
Net debt1
Other current liabilities
253
1,875
190
1,682
159
1,555
157
1,544
152
1,664
Total Current Liabilities 2,128 1,872 1,714 1,701 1,816
Non-current liabilities
Net debt1
Other non-current liabilities
2,069
613
1,543
563
1,470
611
1,537
544
1,103
479
Total Non-Current Liabilities 2,682 2,106 2,081 2,081 1,582
Total Liabilities 4,810 3,978 3,795 3,782 3,398
Net Assets 1,965 1,872 1,801 1,663 1,504
Total Equity 1,965 1,872 1,801 1,663 1,504
1. Net debt is comprised of bank overdraft, secured borrowings, bonds and finance lease liabilities.
Certain comparatives within the five year statistical review have been reclassified for comparative purposes, to ensure consistency with the
current year. The Group adopted NZ IFRS 9 (2010) - Financial Instruments and NZ IFRS 9 (2013) - Hedge Accounting and amendments to
NZ IFRS 9, NZ IFRS 7 and NZ IAS 39 on 1 July 2014. Comparatives have been restated for the 2014 financial year only in respect of the
adopted standards and the amounts for the 2011 to 2013 financial years are as previously published.
Historical Summary of Cash Flows
For the year to 30 June
2015
$M
2014
$M
2013
$M
2012
$M
2011
$M
Cash flow from operating activities
Cash flow from investing activities
Cash flow from financing activities
1,100
(1,066)
53
730
(727)
81
750
(480)
(147)
472
(654)
349
466
(846)
173
Increase/(decrease) in cash holding 87 84 123 167 (207)
Total cash and cash equivalents 1,321 1,234 1,150 1,027 860