Cathay Pacific 2008 Annual Report Download - page 81

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24. Reconciliation of operating (loss)/profit to cash generated from operations
2008
HK$M
2007
HK$M
Operating (loss)/profit (7,929) 7,739
Depreciation 5,169 4,831
Amortisation of intangible assets 26 13
Loss on disposal of fixed assets and intangible assets 245 70
Currency adjustments and other items not involving cash flows 223 506
Increase in stock (82) (93)
Increase in trade debtors, other receivables and prepayments (719) (2,679)
(Decrease)/increase in net amounts due to related companies and associates (119) 111
Increase in trade creditors and other payables 8,165 3,732
(Decrease)/increase in unearned transportation revenue (376) 1,583
Non-operating movements in debtors and creditors (721) 288
Cash generated from operations 3,882 16,101
Notes to the Accounts STATEMENT OF CASH FLOWS
Cathay Pacific Airways Limited Annual Report 2008 79