Annual Report 1999 in PDF - Aer Lingus

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AER LINGUS GROUP PLCNotes to the Consolidated Accounts (continued)9. Tangible AssetsFlight Property Ground Other TotalEquipment Freehold/ Equipment EquipmentLeaseholde000 e000 e000 e000 e000CostBeginning of year, as restated 583,983 39,018 59,399 37,243 719,643Additions 149,586 4,553 10,326 8,512 172,977Disposals (44,617) (2,738) (15,210) (2,071) (64,636)Foreign exchange - - - 42 42End of year 688,952 40,833 54,515 43,726 828,026DepreciationBeginning of year, as restated 198,574 23,326 37,953 24,067 283,920Charge for year 34,302 3,019 5,465 4,193 46,979Disposals (29,524) (1,283) (11,271) (1,900) (43,978)Foreign exchange - - - 9 9End of year 203,352 25,062 32,147 26,369 286,930Net Book ValueEnd of year 485,600 15,771 22,368 17,357 541,096Beginning of year, as restated 385,409 15,692 21,446 13,176 435,723Leased assets included in the above:Net book value - end of year 402,413 - - 13 402,426Net book value - beginning of year, as restated 255,594 - - 19 255,61310. Financial AssetsCompanyCostShares in subsidiaryundertakingse000At beginning and end of year 328,494ProvisionsAt beginning of year 114,277Reduction in year (114,277)At end of year -Net Book Value31 December, 1999 328,49431 December, 1998 214,217A list of the Principal Group Companies at 31 December, 1999, their principal activities, country of incorporation, and theGroup holding percentage is set out in Note 24.36
AER LINGUS GROUP PLC11. Stocks1999 1998e000e000Consumable aircraft spares 2,239 2,265Other stocks 4,412 3,416The replacement cost of stocks is not significantly different from their balance sheet values.6,651 5,68112. Debtors1999 1998e000e000Amounts falling due within one year:Trade debtors 70,559 83,234Other debtors 40,678 34,180Prepayments and accrued income 8,891 35,654Value Added Tax 3,738 3,155123,866 156,223Amounts falling due after more than one year:Other debtors 5,441 6,020129,307 162,24313. Cash, short-term deposits and liquid resources1999 1998e000e000Cash and demand deposit balances 17,964 11,925Other deposit balances and liquid resources 311,340 247,500329,304 259,425Restricted cash deposit balances heldto repay certain finance lease obligations (a) 398,152 155,293Other restricted deposits (b) 33,699 18,366431,851 173,659761,155 433,084(a)(b)The Group holds foreign currency deposits in order to meet certain finance lease obligations which are denominatedin the same currency. The deposits together with the interest receivable thereon will be sufficient to meet in full thelease obligations and related lease interest over the period of the leases.The Group also holds other restricted deposits to meet certain loan obligations.37
Page 1 and 2: AER LINGUS GROUP PLCAnnual Report&
Page 3 and 4: Financial Highlights1998 1999 1999
Page 5 and 6: warning of lower profits. Those ear
Page 7 and 8: These alliances are structured to p
Page 9 and 10: Message from theGroup Chief Executi
Page 11 and 12: 66.971.6The Employee Share Particip
Page 13 and 14: AMSTERDAM…BRUSSELS…DUSSELDORF
Page 15 and 16: BRISTOL…EDINBURGH…GLASGOW…LEE
Page 17 and 18: The sun rises. Nations riseand the
Page 19 and 20: FleetDuring 1999 Aer Lingus operate
Page 21 and 22: Is dœn n— da ingean ia ddo ghŽa
Page 23 and 24: AER LINGUS GROUP PLCEmployee Partic
Page 25 and 26: AER LINGUS GROUP PLCAuditors’ Rep
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Page 31 and 32: AER LINGUS GROUP PLCStatement of Ac
Page 33 and 34: AER LINGUS GROUP PLCJKLMLeasesAsset
Page 35 and 36: AER LINGUS GROUP PLC3. Exceptional
Page 37: AER LINGUS GROUP PLC6. Staff CostsT
Page 41 and 42: AER LINGUS GROUP PLC(a) This loan,
Page 43 and 44: AER LINGUS GROUP PLC19. Consolidate
Page 45 and 46: AER LINGUS GROUP PLCMovements on th
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Page 49: AER LINGUS GROUP PLCNotesAer Lingus

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