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annual report 2009 - Aer Lingus

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88 Financial Statements <strong>Aer</strong> <strong>Lingus</strong> Group Plc – Annual Report <strong>2009</strong>Notes to the Consolidated Financial Statements [continued]30 Financial commitments(a) Capital commitmentsAt 31 December the Group had capital commitments as follows:<strong>2009</strong> 2008€’000 €’000Contracted for but not provided– Aircraft and equipment 889,012 1,070,761– Other 1,830 2,162890,842 1,072,923(b) Lease commitmentsAt 31 December <strong>2009</strong> the Group had commitments, under non-cancellable operating leases, which fall due as follows:PropertyAircraftPlant andmachinery€’000 €’000 €’000No later than one year 8,484 45,690 74Later than one year but no later than five years 26,292 93,428 –Later than five years 64,142 10,598 –98,918 149,716 74At 31 December 2008 the Group had commitments, under non-cancellable operating leases, which fall due as follows:PropertyAircraftPlant andmachinery€’000 €’000 €’000No later than one year 5,360 49,428 73Later than one year but no later than five years 16,356 97,437 –Later than five years 29,493 5,619 –51,209 152,484 7331 Related party transactionsKey management compensation<strong>2009</strong> 2008€’000 €’000Short-term employee benefits 1,688 2,049Post employment benefits 254 332Payments in lieu of notice 1,017 –Other benefits 278 2713,237 2,652In addition to the amounts above, in 2008 an amount was charged to the income statement in relation to the estimated cost of shares,which could vest under the 2008 LTIP. In respect of key management included above, a total amount of €424,000 was charged. Therewas no charge to the income statement in <strong>2009</strong> in relation to the estimated cost of shares which could vest under the <strong>2009</strong> LTIP inrespect of key management included above.An amount of €46,337 was charged to the income statement during the period in respect of share options and a conditional shareaward granted to Mr Christoph Mueller on 8 September <strong>2009</strong>.Amounts due to the Company from subsidiary undertakings are disclosed in Note 34.

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