US Airways 2006 Annual Report Download - page 165

Table of Contents
America West Airlines, Inc.
Notes to Consolidated Financial Statements — (Continued)
12. Supplemental Information to Statements of Cash Flows
Supplemental disclosure of cash flow information and non-cash investing and financing activities were as follows (in millions):
Year Ended December 31,
2006 2005 2004
Non-cash transactions:
Reclassification of investments in debt securities to short-term $ — $ 30 $ 26
Prepurchase of miles from affinity card provider to US Airways for which AWA has liability (Note 6) — 325 —
One-time payment from affinity card provider paid to US Airways (Note 6) — 130 —
Loan from Airbus to US Airways Group for which AWA has joint and severable liability (Note 6) — 186 —
Conversion of 7.25% notes into common stock of US Airways Group — 87 —
Conversion of 7.5% convertible senior notes, net of discount of $17 million into common stock of
US Airways Group 95 — —
Equipment purchases financed by capital leases 3 — —
Receivable from US Airways Group for repayment of ATSB, Airbus, and GECC loans 520 — —
Forgiveness of Airbus loan and interest 39 — —
Notes payable issued for equipment purchase deposits — 9 17
Notes payable canceled under the aircraft purchase agreement 4 21 7
Loan proceeds received by US Airways Group 64 — —
Payment in kind notes issued, net of returns — — 9
Cash transactions:
Interest paid, net of amounts capitalized 41 48 24
Income taxes paid 7 — —
13. Related Party Transactions
(a) Payables to Related Parties, Net
The following represents net receivable (payable) balances with related parties as of December 31, 2006 and 2005 (in millions):
December 31,
2006 2005
US Airways Group $ (1,099) $ (465)
US Airways 92 20
America West Holdings 9 (1)
Other US Airways Group wholly owned subsidiaries 17 3
Total $ (981) $ (443)
As of December 31, 2006, AWA had net payables to related parties of $981 million, which was classified in current liabilities on
AWA's balance sheet. The net payable to US Airways Group consists of proceeds received by AWA on behalf of US Airways Group in
connection with the initial equity investments, the public stock offering, the exercise of options by equity investors, the issuance of
7% Senior Convertible Notes and the Airbus loans and
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