P4 - Bpp - Question 42 - FLY 400

It is the net cash flow from operating activities (210.0), plus the net interest of 1.5, less the tax of 4.1, less the capital expenditure of 120.2. (All the figures are taken from the statement of cash flows)

Because none of them will be expected to continue into the future - it is the future FCFE that we are trying to calculate.

You are welcome, Shota :-)