| Cash Flow for Qantas |
| CASH FLOW | Notes | 2015 ($) Millions | 2016 ($) Millions | Notes | 2017 ($) Millions | Notes | 2018 ($) Millions |
| CASH FLOW FROM OPERATIONAL ACTIVITIES |
| Cash incoming |
| Cash receipts from customers | | $17,239 | $17,723 | | $16,947 | | $18,039 |
| Cash payments to suppliers & employees (excl. cash payments to employees for wage free bonus, redundencies & related costs | | -$14,747 | -$14,600 | | -$13,982 | | -$14,393 |
| Cash generated from operations | | $2,492 | $3,123 | | $2,965 | | $3,646 |
| cash repayments to employees for redundencies & reltaed costs | | -$251 | -$90 | | -$50 | | -$42 |
| Cash payments to employee for Turnaround, Wage Freeze and Record Results bonuses | | NA | -$53 | | -$87 | | -$74 |
| interest received | | $85 | $64 | | $37 | | $41 |
| Interest paid | | -$281 | -$227 | | -$164 | | -$161 |
| Dividends received from investments accounted for under the equity method | | $5 | $4 | | $7 | | $6 |
| Income tax paid | | -$2 | -$2 | | -$4 | | -$3 |
| Net Cash from Operating activities | 21 | $2,048 | $2,819 | 21A | $2,704 | 21A | $3,413 |
| CASH FLOW FROM INVESTING ACTIVITIES |
| Payments for property, plant and equipment and intangible assets | | -$1,359 | -$1,618 | | -$1,368 | | -$1,959 |
| Interest paid and capitalised on qualifying assets | 4 | -$17 | -$24 | 4 | -$45 | 4 | -$44 |
| Payments for the acquisition of controlled entities, net of cash acquired | | -$7 | NA | | NA | | NA |
| Payments for investments accounted for under the equity method | | -$58 | -$39 | | -$16 | | -$2 |
| Net receipts for aircraft assigned to investments accounted for under the equity method | | $266 | NA | | NA | | NA |
| Proceeds from disposal of property, plant and equipment | | $194 | $509 | | $34 | | $17 |
| Proceeds from disposal of controlled entities, net of cash disposed | | $28 | NA | | NA | | $17 |
| Net loan repayment from investments accounted for under the equity method | | $9 | $27 | | NA | | NA |
| Net cash used in investing activities (excluding aircraft operating lease refinancing) | | -$944 | $1,145 | | -$1,395 | | -$1,971 |
| Aircraft operating lease refinancing | | NA | -$778 | | -$651 | | -$230 |
| Net Cash used in Investing Activities | | -$944 | -$1,923 | | -$2,046 | | -$2,201 |
| CASH FLOWS FROM FINANCING ACTIVITIES |
| Payments for capital return | | NA | -$505 | | NA | | NA |
| Payments for share buy-back | | NA | -$500 | | -$366 | | -$751 |
| Payments for treasury shares | | -$1 | -$75 | | -$198 | | -$162 |
| Proceeds from borrowings | | $796 | NA | | $419 | | $668 |
| Repayments of borrowings | | -$2,276 | -$807 | | -$453 | | -$802 |
| Proceeds from sale and finance leaseback of non-current assets | | $275 | NA | | NA | | NA |
| Net receipts/(payments) for aircraft security deposits and hedges related to debt | | -$8 | $62 | | $8 | | NA |
| Dividends paid to shareholders | | NA | NA | | -$261 | | -$249 |
| Dividends paid to non-controlling interests | | -$4 | NA | | -$3 | | NA |
| Net cash used in financing activities | | -$1,218 | -$1,825 | | -$854 | | -$1,296 |
| Net decrease in cash and cash equivalents held | | -$114 | -$929 | | -$196 | | -$84 |
| Cash and cash equivalents at the beginning of the year | | $3,001 | $2,908 | | $1,980 | | $1,775 |
| Effects of exchange rate changes on cash and cash equivalents | | $21 | $1 | | -$9 | | $3 |
| Cash and cash equivalents at the end of the year | 8 | $2,908 | $1,980 | 8 | $1,775 | 15 | $1,694 |
Raoof.
Exapmle4.xlsx
