a) Locate the 2006 Qantas Annual Report at www.qantas.com.au.Use the Qantas consolidated cash flow statement, along with the companys other financial statements, to answer the following question.

i.Which category of cash flows(operating,investing and financing) provided the majority of cash inflows?which category had the greatest outfloe?

ii.Identify the primary cash receipts and cash payment during the year.

iii.What were the main non-cash financing and investing activities?

iv.Evaluate the company, in terms of net profit,cash flows,financial position and overrall results.Give specific examples from the statements.

v.Use the 2005 and 2006 financial data of Quatas to calculate the following ratios that measure profitability and market performance:Profit margin return on equity return on assets earnings per shere.

vi.Is the trend in the profitability measures consistent with the trend in market performance measure? What is your analysis?