Qantas 2010 Annual Report Download - page 104

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THE QANTAS GROUP 102
for the year ended 30 June 2010
Notes to the Financial Statements continued
Qantas
2010
$M
2009
$M
CONDENSED CASH FLOW STATEMENT
Net cash from operating activities 1,187 1,161
Net cash used in investing activities (1,506) (1,108)
Net cash from  nancing activities 381 910
Net increase in cash and cash equivalents held 62 963
Cash and cash equivalents held at the beginning of the year 3,404 2,441
Cash and cash equivalents at the end of the year 3,466 3,404
(B) CAPITAL EXPENDITURE COMMITMENTS
Capital expenditure commitments contracted but not provided for in the Financial Statements
Aircraft 14,505 16,591
Building works 95 103
Other 227 92
14,827 16,786
Payable
Not later than one year 2,552 1,556
Later than one year but not later than  ve years 9,854 10,135
Later than  ve years 2,421 5,095
14,827 16,786
The above amounts exclude uncommitted aircraft purchase payments that may be made if cancellable aircraft options are exercised. Qantas has a
number of slide rights available on committed aircraft capital expenditure that are generally exercisable 24 months prior to contracted delivery.
(C) FINANCING FACILITIES
The total amount of  nancing facilities available to Qantas as at balance date is detailed below:
Qantas
2010
$M
2009
$M
FINANCING FACILITIES
Committed bank overdraft
Facility available 77
Amount of facility used ––
Amount of facility unused 77
Committed syndicated standby facility1
Facility available 500 500
Amount of facility used ––
Amount of facility unused 500 500
Committed secured funding and sale and operating lease
Facility available – 1,100
Amount of facility used ––
Amount of facility unused – 1,100
Commercial paper and medium-term notes
Facility available21,000 1,000
Amount of facility used ––
Amount of facility unused 1,000 1,000
1. The syndicated standby facility has $300 million maturing on 8 August 2010 and $200 million maturing on 8 August 2011.
2. Subject to Dealer Panel participation.
The bank overdraft facility held with Commonwealth Bank of Australia covers the combined balances of Qantas and its wholly-owned controlled
entities. Subject to the continuance of satisfactory credit ratings, the bank overdraft facility may be utilised at any time. Commonwealth Bank of
Australia may terminate this facility without notice.
36. Parent Entity Disclosures for Qantas Airways Limited (Qantas) continued