Singapore Airlines 2011 Annual Report Download - page 99

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ANNUAL REPORT 2010/2011 097
The Group
Notes 2010-11 2009-10
CASH FLOW FROM INVESTING ACTIVITIES
Capital expenditure 34 (1,223.8) (1,560.3)
Purchase of intangible assets (19.6) (33.8)
Proceeds from disposal of aircraft and other property, plant and equipment 721.4 168.5
(Purchase)/Disposal of short-term investments (259.6) 533.4
Proceeds on disposal of an associated company 2.1 -
Investments in associated companies (1.1) (1.0)
Disposal of a subsidiary company - (301.9)
Repayment of loans by associated companies - 4.5
Dividends received from associated and joint venture companies 165.3 163.6
Dividends received from investments 24.7 33.7
Interests received from investments and deposits 24.0 30.7
NET CASH USED IN INVESTING ACTIVITIES (566.6) (962.6)
CASH FLOW FROM FINANCING ACTIVITIES
Dividends paid 13 (382.7) (236.9)
Dividends paid by subsidiary companies to non-controlling interests (46.1) (49.4)
Interest paid (69.3) (66.2)
Proceeds from issuance of bonds 800.0 -
Proceeds from borrowings 1.7 2.1
Repayment of borrowings - (25.0)
Repayment of long-term lease liabilities (64.3) (66.9)
Proceeds from issuance of share capital by subsidiary companies to
non-controlling interests - 1.0
Proceeds from exercise of share options 89.4 105.7
Purchase of treasury shares 15 (44.5) -
NET CASH FROM/(USED IN) FINANCING ACTIVITIES 284.2 (335.6)
NET CASH INFLOW 3,002.8 668.0
CASH AND CASH EQUIVALENTS AT BEGINNING OF FINANCIAL YEAR 4,471.9 3,838.7
Effect of exchange rate changes (40.5) (34.8)
CASH AND CASH EQUIVALENTS AT END OF FINANCIAL YEAR 7,434.2 4,471.9
ANALYSIS OF CASH AND CASH EQUIVALENTS
Fixed deposits 32 7,128.9 4,069.8
Cash and bank 32 305.3 402.1
CASH AND CASH EQUIVALENTS AT END OF FINANCIAL YEAR 7,434.2 4,471.9
CONSOLIDATED STATEMENT OF CASH FLOWS
For The Financial Year Ended 31 March 2011 (in $ million)
The accompanying accounting policies and explanatory notes form an integral part of the financial statements.