Air New Zealand 2015 Annual Report Download - page 8

Download and view the complete annual report

Please find page 8 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 GROUP
The accompanying accounting policies and notes form part of these financial statements.
6
Statement of Cash Flows
For the year to 30 June 2015
NOTES
2015
$M
2014
$M
Cash Flows from Operating Activities
Receipts from customers
Payments to suppliers and employees
Income tax paid
Interest paid
Interest received
4,994
(3,698)
(170)
(98)
55
4,696
(3,805)
(119 )
(79)
41
Rollover of foreign exchange contracts*
1,083
17
734
(4)
Net Cash Flow from Operating Activities 51,100 730
Cash Flows from Investing Activities
Disposal of property, plant and equipment, intangibles and assets held for resale
Disposal of subsidiaries
Acquisition of property, plant and equipment and intangibles
Acquisition of quoted equity instruments
Distribution from associates
Rollover of foreign exchange contracts*
Interest-bearing assets
12
25
46
44
(1,118)
-
4
(26)
(16)
27
-
(644)
(136)
-
(33)
59
Net Cash Flow from Investing Activities (1,066) (727)
Cash Flows from Financing Activities
Shares issued
Interest-bearing liabilities drawdowns
Interest-bearing liabilities payments
Rollover of foreign exchange contracts*
Dividends on Ordinary Shares
18
17
-
576
(327)
62
(258)
1
376
(157)
(31)
(108)
Net Cash Flow from Financing Activities 53 81
Increase in Cash and Cash Equivalents
Cash and cash equivalents at the beginning of the year
87
1,234
84
1,150
Cash and Cash Equivalents at the End of the Year 51,321 1,234
*Relates to gains/losses on rollover of foreign exchange contracts that hedge exposures in other financial periods.