Cathay Pacific 2000 Annual Report Download - page 66

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64 CATHAY PACIFIC AIRWAYS LIMITED ANNUAL REPORT 2000
23. Reconciliation of operating profit to net cash inflow from operating activities
2000 1999
HK$M HK$M
Operating profit 5,289 2,811
Depreciation 3,438 3,153
Amortisation of intangible assets 93 58
Loss on disposal of fixed assets 3164
Profit on disposal of a subsidiary company –(50)
Profit on disposal of an associated company (13) –
Currency adjustments and other items not involving cash flows 140 165
Decrease in stock 144
Increase in trade debtors, other receivables and prepayments (1,175) (348)
Decrease in net amounts due to related and associated companies (9) (32)
(Decrease)/increase in trade creditors and other payables (483) 371
Increase/(decrease) in unearned transportation revenue 513 (42)
Non-operating movements in debtors and creditors 487 331
Net cash inflow from operating activities 8,284 6,625
24. Analysis of payments for fixed and intangible assets
2000 1999
HK$M HK$M
Additions to fixed and intangible assets (excluding goodwill) (4,307) (3,992)
Finance raised on fixed assets acquired under finance leases 1,113 1,341
Payments for fixed and intangible assets (3,194) (2,651)
Notes to the Accounts – Cash Flow Statement