Cathay Pacific 2007 Annual Report Download - page 77

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Notes to the Accounts
Cash Flow Statement
22. Reconciliation of operating profit to cash generated from operations
2007
HK$M
2006
HK$M
Operating profit 7,739 5,218
Depreciation 4,831 4,255
Amortisation of intangible assets 13 40
Loss on disposal of fixed assets and intangible assets 70 57
Currency adjustments and other items not involving cash flows 506 241
Increase in stock (93) (67)
Increase in trade debtors, other receivables and prepayments (2,679) (429)
Decrease in net amounts due to related companies and associates 111 (70)
Increase in trade creditors and other payables 3,732 1,730
Increase in unearned transportation revenue 1,583 441
Non-operating movements in debtors and creditors 288 (294)
Cash generated from operations 16,101 11,122
23. Analysis of cash and cash equivalents
2007
HK$M
2006
HK$M
Short-term deposits and bank balances 6,785 5,796
Bank overdrafts (12) (29)
6,773 5,767
Cathay Pacific Airways Limited Annual Report 2007 75