| |
Jan 1, 2004- |
Jan 1, 2003- |
| |
Dec 31, 2004 |
Dec 31, 2003 |
| |
EUR Mill. |
EUR Mill. |
| |
|
|
 |
| |
|
|
| Business operations |
|
|
| Operating profit |
17 |
-19 |
| Deprecations |
101 |
104 |
| Change in working capital (net) |
|
|
| Inventories, increase (-), decrease (+) |
2 |
7 |
| Short-term receivables, increase (-), decrease (+) |
-63 |
2 |
| Non interest bearing short-term liabilities, |
83 |
4 |
| increase (+), decrease (-) |
|
|
| Financial income and expenses (net) |
-6 |
-3 |
| Taxes |
1 |
6 |
|
| Cash flow from operations |
135 |
101 |
| |
|
|
| Investments |
|
|
| Investments in flight equipment |
-87 |
-70 |
| Investments in buildings |
0 |
-1 |
| Other investments |
-25 |
-12 |
| Change in advance payments |
-3 |
3 |
|
| Capital expenditure, total |
-115 |
-80 |
| Sales of fixed assets |
4 |
37 |
|
| Cash flow from investments |
-110 |
-43 |
| |
|
|
| Financing |
|
|
| Purchase of own shares |
-2 |
0 |
| Decrease of long-term debts |
-26 |
-53 |
| Long-term receivables, increase (-), decrease (+) |
7 |
-2 |
| Short-term debts, increase (+), decrease (-) |
2 |
2 |
| Increase in shareholders´equity |
0 |
0 |
| Dividends |
-8 |
-13 |
|
| Cash flow of financing |
-28 |
-66 |
| |
|
|
| Change in liquid funds |
-3 |
|
| increase (+), decrease (-) in statement |
|
-8 |
| |
|
|
| Liquid funds in the beginning |
294 |
302 |
| Liquid funds, decrease (-), increase (+) in balance sheet |
-3 |
-8 |
| Liquid funds in the end |
291 |
294 |