Investor Presentaiton
AASB 16 impact on Cashflow Statement
For personaligny
Cash Flow ($m)
Cash generated from operating activities
Cash payments for business restructuring expenses
Net cash from operating activities
Net cash used in investing activities
Net cash from (used in) financing activities
Pre-AASB16 AASSB16 Post- AASB16
5.8
255.7
261.5
(62.4)
0.0
(62.4)
.
(56.6)
255.7
199.1
.
Operating lease payments removed and replaced by interest charge and principal
repayment
Inclusion of interest paid on leases in financing activities
(137.4)
14.7
(122.7)
ā¢
(438.1)
(270.4)
(708.5)
Principal repayment of leases included in financing activities
No net change in cashflows
Net increase in cash and cash equivalents incl. impact of FX
(632.4)
0.0
(632.4)
Cash and cash equivalents
1,107.6
0.0
1,107.6
Virgin Australia Group has implemented AASB 16 Leases from 1 July 2019 using the modified retrospective approach. Under this approach, prior year comparative information has not been restated. Year on year changes and commentary have been based on pre-AASB 16 information ("pre-AASB 16") to allow for comparison..
Virgia
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Virgin Australia Group results H1 FY20ā 17View entire presentation