Annual Report 1999 in PDF - Aer Lingus

AER LINGUS GROUP PLCNotes to the Consolidated Accounts (continued)16. Provisions for Liabilities and Charges (continued)(e) OtherOther provisions relate mainly to expected costs of terminating financing arrangements in relation to aircraft sold in1994 and frequent flyer provisions.(f)ReclassificationsThese represent reclassifications of provisions consequent on the remeasurement of their amounts in accordancewith FRS12.The deferred tax provision comprises: 1999 1998e000e000Excess of tax allowances over book depreciation of fixed assets - 659The amounts of unprovided deferred taxation are as follows:Excess of tax allowances over book depreciation of fixed assets 69,175 83,904Tax effect of losses carried forward (10,971) (24,887)Other provisions (3,961) (10,665)The amount of unprovided deferred taxation has been calculated using current tax rates, which in the case ofIreland is 24% (1998: 28%).54,243 48,35217. Called-Up Share CapitalNumbere000Authorised:Shares of IR£1 (e1.269738) each 500,000,000 634,869Issued and fully paid:Shares of IR£1 (e1.269738) eachBeginning of year 253,807,852 322,270Allotted during year (a) 1,982,703 2,516End of year 255,790,555 324,786(a)On 29 July, 1999 an additional 1,982,703 shares of IR£1 (e1.269738) each were issued to employees under theEmployee Share Participation Scheme (Note 20).18. Minority Interests1999 1998e000e000Beginning of year 1,822 364Share of retained profit for year 1,347 560Other movements (2) 898End of year 3,167 1,82240