Airline Company | Financials
FINANCIALS
Funding Needs
SkyTrails' total funding needs amount to £25 million. The following table summarises the uses of funds to August 2003 which is the point when accumulated net uses of funds reaches its highest point:
| GBP £ | Sources and Uses until Aug 03 |
| Total Funds Raised | 26,359,750 |
| Aircraft Reconfiguration | -10,150,000 |
| Aircraft Leasing | -11,127,588 |
| Aircraft Deposits | -3,558,620 |
| Advertising Expense | -5,558,690 |
| Operating Profit | 13,732,027 |
| Cash Balance Aug 2003 | 9,696,879 |
SkyTrails has to set aside a Bond which is required by the CAA in order to protect consumers during the period that SkyTrails is operating under...
[The entire page is 2758 words long]