Aer Lingus 2013 Annual Report Download - page 87

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85
Consolidated statement of cash flows
Year ended 31 December
2013
2012
Note
€’000
€’000
Cash flows from operating activities
33
101,088
118,508
Income tax paid
(19)
(37)
Net cash generated from operations
101,069
118,471
Cash flows from investing activities
Purchases of non-current assets (net of lease finance raised)
(33,902)
(41,132)
Investment in Joint Venture
(10,715)
(2,514)
Proceeds from sales of property, plant and equipment
2,535
50
(Increase)/decrease in deposits
(98,066)
39,089
Interest received
3,652
7,471
Net cash (used in)/generated from investing activities
(136,496)
2,964
Cash flows from financing activities
Repayments of finance lease obligations
(47,043)
(45,196)
Interest paid
(8,116)
(9,692)
Dividends paid
(21,286)
(16,018)
Net cash used in financing activities
(76,445)
(70,906)
Net (decrease)/increase in cash and cash equivalents
(111,872)
50,529
Cash and cash equivalents at 1 January
312,939
264,495
Exchange losses on cash and cash equivalents
(12,262)
(2,085)
Cash and cash equivalents at 31 December
22
188,805
312,939
The notes on pages 87 to 137 form an integral part of these financial statements