Air France 2008 Annual Report Download - page 83

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of cash flows
83
(In €million)
Period from April 1 to March 31 2008 2007 2006
Acquisitions of subsidiaries and investments in associates,
net of cash acquired (272) (25) (58)
Purchase of property, plant and equipment and intangible assets (2,340) (2,378) (2,544)
Proceeds on disposal of subsidiaries and investments in associates 84 43 35
Proceeds on WAM (ex Amadeus GTD) transactions 284 - 817
Proceeds on disposal of property, plant and equipment and intangible assets 282 160 227
Dividends received 5 6 10
Decrease (increase) in investments, net between 3 months and 1 year 349 331 (294)
Net cash used in investing activities (1,608) (1,863) (1,807)
Increase in capital 597 - -
Issuance of long-term debt 681 1,240 1,410
Repayments on long-term debt (414) (714) (523)
Payment of debt resulting from finance lease liabilities (886) (866) (580)
New loans (53) (89) (155)
Repayments on loans 79 52 97
Dividends paid (137) (88) (41)
Decrease in equity (10) - -
Net cash flow from financing activities (143) (465) 208
Effect of exchange rate on cash and cash equivalents
and bank overdrafts 2 (2) 2
Change in cash and cash equivalents and bank overdrafts 845 520 1,059
Cash and cash equivalents and bank overdrafts at beginning of period 3,364 2,844 1,785
Cash and cash equivalents and bank overdrafts at end of period 4,209 3,364 2,844
Income tax paid (flow included in operating activities) (96) (309) (4)
Interest paid (flow included in operating activities) (410) (451) (364)
Interest received (flow included in operating activities) 288 299 154