| |
Jan 1,2004- |
Jan 1,2003- |
| |
Dec 31,2004 |
Dec 31,2003 |
| |
|
|
| |
EUR Mill. |
EUR Mill. |
 |
| |
|
|
| Business operations |
|
|
| Operating profit/loss |
-71 |
-48 |
| Depreciation |
31 |
91 |
| Change in working capital (net) |
|
|
| Inventories, increase(-), decrease(+) |
2 |
1 |
| Short-term receivables, increase(-), decrease(+) |
-85 |
-27 |
Non interest bearing short-term liabilities,
increase(+), decrease(-) |
63 |
24 |
| Finacial income and expenses (net) |
16 |
-4 |
| Extraordinary items |
53 |
0 |
| Taxes |
-4 |
0 |
| Other adjustments |
0 |
4 |
|
| Cash flow from operations |
6 |
41 |
| |
|
|
| Investments |
|
|
| Investments in flight equipment |
-17 |
-30 |
| Other investments |
-36 |
-16 |
| Change in advance payements |
0 |
-9 |
|
| Capital expenditure, total |
-53 |
-55 |
| Sales of fixed assets |
8 |
36 |
|
| Cash flow from investments |
-45 |
-19 |
| |
|
|
| Financing |
|
|
| Purchase of own shares |
-2 |
0 |
| Increase of long-term debts |
-23 |
-46 |
| Long-term receivables,increase (-), decrease (+) |
26 |
7 |
| Short-term debts, increase(+), decrease(-) |
44 |
20 |
| Increase in share holders´equity |
0 |
0 |
| Dividends |
-8 |
-13 |
|
| Cash flow from financing |
36 |
-32 |
| |
|
|
| Change in liquid funds |
|
|
| Increase (+), decrease (-) in statement |
-3 |
-10 |
| |
|
|
| Liquid funds in the beginning |
287 |
297 |
Liquid funds, decrease (-),
increase(+) in balance sheet |
-3 |
-10 |
| Liquid funds in the end |
284 |
287 |