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Analysis of the Airfrance Klm Financial Statement by March 31, 2011

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Submitted By sherishen
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Analysis of the AirFrance KLM Financial Statement by March 31, 2011

for Financial Accounting and Reporting CPTC 31125 handed in to Prof. Pascale Lapointe

edited by
Marie DU BOUCHER B00135369
Anna-Christina FREDERSHAUSEN B00405951
Shuangyu SHEN B00336198
Mohamed YADANI B00347217

25.11.2011 * * Contents Contents i Table of Figures i 1 Oversight of the firm and industry 1 2 Oversight of the financial position 2 2.1 Balance Sheet 2 2.2 (Comprehensive) Income Statement 4 2.3 Statement of Changes in Equity 5 3 Oversight of the statement of cash-flows 5 3.1 Cash flow from operating activities 5 3.2 Cash flow from investing activities and the Free cash flow 6 3.3 Cash flow from financing activities 7 4 Selected topics 7 4.1 Segment reporting 7 4.2 Leases 7 4.3 Provisions 7 4.4 Income taxes 8 5 Conclusion 8 Appendix 1: Consolidated Balance Sheet ii Appendix 2: Consolidated Income Statement iii Appendix 3: Consolidated Statement of Comprehensive Income iv Appendix 4: Consolidated Statement of Changes in Equity iv Appendix 5: Consolidated Cash Flow Statement v

* Table of Figures Figure 1: Share Performance 1 Figure 2: Composition of Current Assets 3 Figure 3: Composition of Non-current Liabilities 3 Figure 4: Calculation of Operating Income 6 Figure 5: Calculation of Operating Cash Flow 6 Figure 6: Operating segments & Reporting segments 8

*
Oversight of the firm and industry
Air France, french company, borned in 1933 by the fusion of 4 companies, Air Orient, Air Union, Lignes Farman and C.I.D.N.A. decided to join the 3 of may 2004, KLM, Dutch Airline, to be the first European position for the transport of passenger and to be the first in the world for the fret.
Air France KLM group has more than 100000 employees all over the world (source Air France KLM) and is

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