Company: AYR
Filing Date: 2025-01-10
Form Type: 10-Q
Source: 0001628280-25-001098
Chunk: 3

Company: Aircastle LTD
Filing Date: 2025-01-10
Form: 10-Q
Item: Part I, Item 1
Chunk 3
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352)(1,632,983)Debt extinguishment costs285 — Deferred financing costs(5,361)(7,673)Security deposits and maintenance payments received109,668 130,068 Security deposits and maintenance payments returned(12,166)(14,014)Dividends paid(21,000)(21,000)Net cash and cash equivalents provided by financing activities143,267 38,107 Net increase (decrease) in cash and cash equivalents:393,776 (126,029)Cash and cash equivalents at beginning of period129,977 231,861 Cash and cash equivalents at end of period$523,753 $105,832 

The accompanying notes are an integral part of these unaudited consolidated financial statements.

5

Aircastle Limited and Subsidiaries

Consolidated Statements of Cash Flows (Continued)

(Dollars in thousands)

(Unaudited)

Nine Months Ended November 30,20242023Supplemental disclosures of cash flow information:Cash paid for interest, net of amounts capitalized$140,296 $158,730 Cash paid for income taxes$666 $4,142 Supplemental disclosures of non-cash investing activities:Advance lease rentals, security deposits, maintenance payments, other liabilities and other assets assumed in asset acquisitions$40,318 $13,414 Advance lease rentals, security deposits, maintenance payments, other liabilities and other assets settled in sale of flight equipment$65,357 $54,335 Transfers from flight equipment held for lease to Net investment in leases and Other assets$6,310 $184,236 

The accompanying notes are an integral part of these unaudited consolidated financial statements.

6

Aircastle Limited and Subsidiaries

Consolidated Statements of Changes in Shareholders’ Equity

(Dollars in thousands, except share amounts)

(Unaudited)

 Common SharesPreference SharesAdditional Paid-In CapitalRetained EarningsTotal Shareholders’ EquitySharesAmountSharesAmountBalance, February 29, 202415,564 $— 400 $— $2,078,774 $55,000 $2,133,774 Net income— — — — — 16,081 16,081 Balance, May 31, 202415,564 $— 400 $— $2,078,774 $71,081 $2