Aer Lingus 2012 Annual Report Download - page 119

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FINANCIAL STATEMENTS Aer Lingus Group Plc
ANNUAL REPORT 2012
117
36 Cash generated in operations
Group
2012 2011
€’000 €’000
Profit before tax 40,570 84,362
Adjustments for:
- Depreciation and amortisation 79,453 84,847
- Net movements in provisions for liabilities and charges 3,147 (50,576)
- Net fair value losses on derivative financial instruments 28 256
- Share options and awards expense 3,389 3,199
- Finance income (15,303) (15,422)
- Finance expense 17,131 17,330
- Net exceptional items (877) (37,161)
- Share of loss of joint venture 190 -
- Other losses/(gains) – net 12,473 (17,077)
- Post employment benefit obligations 285 2,198
Changes in working capital
- Inventories (742) (213)
- Trade and other receivables 1,708 12,478
- Trade and other payables (22,944) 3,397
Cash generated from operations 118,508 87,618
Company
2012 2011
€’000 €’000
Profit before tax 206 91
Adjustments for:
- Finance income (207) (91)
Changes in working capital
- Trade and other receivables -133,986
Cash (used) in/generated from operations (1) 133,986
Notes to the consolidated financial statements (continued)