EasyJet 2014 Annual Report Download - page 104

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102 easyJet plc Annual report and accounts 2014
Notes
Year ended
30 September
2014
£ million
Year ended
eptember
£ million
Cash flows from operating activities
Cash generated from operations (excluding dividends) 793
Ordinary dividends paid (133) )
Special dividends paid (175) –
Net interest and other financing charges received/(paid) 5
Tax paid (96) )
Net cash generated from operating activities 394
Cash flows from investing activities
Purchase of property, plant and equipment (426) (
Proceeds from sale of property, plant and equipment 1
Purchase of intangible assets (23)
Redemption of loan notes 3
Net cash used by investing activities (445) )
Cash flows from financing activities
Net proceeds from issue of ordinary share capital 1
Purchase of own shares for employee share schemes (57)
Repayment of bank loans (104)
Repayment of capital element of finance leases (8)
Net proceeds from sale and operating leaseback of aircraft –
Net (increase)/decrease in money market deposits (338)
Net (increase)/decrease in restricted cash (20)
Net cash (used by)/generated from financing activities (526)
Effect of exchange rate changes (12)
Net (decrease)/increase in cash and cash equivalents (589)
Cash and cash equivalents at beginning of year 1,013
Cash and cash equivalents at end of year 424