The Shannon Airport Group Annual Report and Accounts 2024

Annual Report and Accounts | 2024

Annual Report and Accounts | 2024

CONSOLIDATED CASH FLOW STATEMENT for the year ended 31 December 2024

COMPANY CASH FLOW STATEMENT for the year ended 31 December 2024

2024 €’000

2024 €’000

2023 €’000

2023 €’000

Note

Note

Cash flow from operating activities Profit from continuing operations Loss from discontinued operations

Cash flow from operating activities Profit for the year

44,324

33,685

26,190

39

-

(144)

9

Adjustments for: Amortisation of intangible assets

44,324

Profit for the year

26,046

17 76

10 11

24 43

Adjustments for: Amortisation of capital grants Amortisation of intangible assets

Depreciation of property, plant and equipment

(2,094)

9

21 10 11 26 12 12

(1,698)

Loss/(gain) on disposal of property, plant and equipment

(15)

55

(33,657)

101

Reversal of impairment loss on financial assets

-

6

10,091

5

Depreciation of property, plant and equipment

5,349

Tax charge

136

-

96

Depreciation of right of use assets

198

(14,509)

Change in fair value of investment properties Loss/(gain) on disposal of investment properties Gain on disposal of property, plant and equipment

2,526

Changes in: - Trade and other receivables - Trade and other payables

43

(7,280)

(193)

624

(35)

(3)

128 (29)

(363) (198)

(22,748)

Reversal of impairment loss on property, plant and equipment Impairment loss recognised on the remeasurement of assets held for sale

3 9 7 7 8

(1,736)

- Provisions

-

(119) (189) 1,060 3,976

Cash generated from operating activities

42

159

(1,888)

Finance income Finance expense

940

(7) 35

(10) 149

Taxation paid

4,110

Tax charge

Net cash from operating activities

18,289

28,231

Changes in: - Trade and other receivables

Cash flows from investing activities Proceeds from disposal of property, plant and equipment Purchases of property, plant and equipment and intangible assets

40

2,280

-

19

(80)

- Inventories

97

(126) (126)

(244) (225)

11

(275)

- Trade and other payables

(4,927) (1,273)

Net cash used in investing activities

298 (33)

- Provisions

- Employee benefits

24

(33)

Cash flows from financing activities

-

-

14

14

- Finance lease receivable

Cash generated from operating activities

18,253

24,389

Net decrease in cash and cash equivalents

(91) 366 275

(76) 442 366

Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year

40

Interest received and similar income

152

18

(888)

Interest paid

(943)

(3,295) 14,110

(2,400) 21,198

Taxation paid (net)

Net cash from operating activities

Cash flows from investing activities Purchases of property, plant and equipment and intangible assets

(5,559) (1,866)

(8,502) (6,966)

Purchases of investment properties

152

Capital grants received (net)

21

5,423

1,249

Proceeds from sale of investment properties

11,818

(68,675)

Purchase of financial assets Disposal of financial assets

- -

11,369

(63,330)

Net cash (used in)/from investing activities

1,773

Cash flows from financing activities Repayment of loans and borrowings

(13,771)

(2,731)

-

(184)

Payment of lease liabilities

26

(13,771)

Net cash used in financing activities

(2,915)

Net (decrease)/increase in cash and cash equivalents Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year

(62,991)

20,056 57,359 77,415

77,415 14,424

18

66

67

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