This PHP script uses date functions to generate timestamps for dates in the past and future relative to today's date. It uses the date() function to output the dates in different formats. Specifically, it:
1. Gets today's year, month and day using the date() function.
2. Uses mktime() and the variables from part 1 to create timestamps for dates two days ago, five months ago, and three years in the future.
3. Outputs the dates for the timestamps generated in part 2 using date(), formatting them as dd-mmm-yyyy, dd-mmmmmm-yyyy, and dd/mm/yy respectively.