annual report 2009 - Aer Lingus

66 Financial Statements Aer Lingus Group Plc – Annual Report 2009Notes to the Consolidated Financial Statements [continued]3 Financial risk management [continued]The table below analyses the Group’s financial liabilities into relevant maturity groupings based on the remaining period at thestatement of financial position date to the contractual maturity date. The amounts disclosed in the table are the contractualundiscounted cash flows.Less than1 year 1-2 years 2-5 yearsOver5 years Total€’000 €’000 €’000 €’000 €’000At 31 December 2009Finance lease obligations 70,952 67,338 197,852 278,987 615,129Trade and other payables 340,710 – – – 340,710At 31 December 2008Finance lease obligations 128,812 66,480 141,915 351,077 688,284Trade and other payables 415,838 – – – 415,838The table below analyses the Group’s derivative financial instruments, which will be settled on a gross basis, into relevant maturitygroupings based on the remaining period at the statement of financial position date to the contractual maturity date. The amountsdisclosed in the table are the contractual undiscounted cash flows.Less than1 year 1-2 years 2-5 yearsOver5 years Total€’000 €’000 €’000 €’000 €’000At 31 December 2009Cross-currency interest rate swapOutflow – 20,170 – – 20,170Inflow – 12,833 – – 12,833Forward foreign currency contractsOutflow 555,155 362,567 69,444 – 987,166Inflow 543,421 360,722 69,904 – 974,047Forward fuel price contractsOutflow 225,162 66,886 – – 292,048Inflow 212,573 69,207 – – 281,780At 31 December 2008Cross-currency interest rate swapOutflow – – 20,170 – 20,170Inflow – – 13,200 – 13,200Forward foreign currency contractsOutflow 614,990 344,639 274,203 – 1,233,832Inflow 646,013 369,186 291,108 – 1,306,307Forward fuel price contractsOutflow 261,572 87,233 – – 348,805Inflow 146,770 57,766 – – 204,536