EasyJet 2012 Annual Report Download - page 71

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Consolidated statement of cash flows
Notes
Year ended
30 September
2012
£ million
Year ended
30 September
2011
£ million
Cash flows from operating activities
Cash generated from operations (excluding dividends) 19 494 449
Ordinary dividends paid (46) –
Special dividends paid (150) –
Net interest and other financing charges paid (9) (23)
Tax paid (28) (2)
Net cash generated from operating activities 261 424
Cash flows from investing activities
Purchase of property, plant and equipment (379) (550)
Proceeds from sale of assets held for sale – 75
Proceeds from sale of property, plant and equipment 1 –
Purchase of other intangible assets (13) (6)
Redemption of loan notes 2 3
Net cash used by investing activities (389) (478)
Cash flows from financing activities
Net proceeds from issue of ordinary share capital 2 3
Purchase of own shares for employee share schemes (15) (8)
Proceeds from drawdown of bank loans – 172
Repayment of bank loans (305) (154)
Proceeds from drawdown of finance leases – 71
Repayment of capital elements of finance leases (9) (6)
Net proceeds from sale and operating leaseback of aircraft – 273
Net decrease / (increase) in money market deposits 55 (38)
Increase in restricted cash (37) (67)
Net cash (used by) / generated from financing activities (309) 246
Effect of exchange rate changes (18) (4)
Net (decrease) / increase in cash and cash equivalents (455) 188
Cash and cash equivalents at beginning of year 1,100 912
Cash and cash equivalents at end of year 12 645 1,100
Accounts & other information
easyJet plc
Annual report and accounts 2012 69