Annual Report 1999 in PDF - Aer Lingus

AER LINGUS GROUP PLCGroup Financial Record - Irish Pounds1999 1998IR£’000 IR£’000Summarised Profit and Loss AccountTurnover - continuing operations 893,274 796,794- discontinued operations 31,852 104,650925,126 901,444Cost of sales (649,335) (648,601)Gross Profit 275,791 252,843Other operating expenses - operating (217,350) (196,607)- employee participation (2,019) (5,708)(219,369) (202,315)Operating Profit - continuing operations 54,388 47,027- discontinued operations 2,034 3,50156,422 50,528Share of operating profit in associates - 1,194Exceptional Items (8,875) 3,427Net interest (payable)/receivable (643) 4,700Profit before tax 46,904 59,849Taxation (4,938) (627)Profit after tax 41,966 59,222Minority interests (1,061) (441)Profit for the year 40,905 58,781Summarised Balance SheetFixed Assets 426,148 343,160Net current assets 368,993 184,897Creditors: amounts falling due after more than one year (399,716) (236,460)Provisions for liabilities and charges (159,260) (100,245)236,165 191,352Shareholders’ funds 233,671 189,917Minority interests 2,494 1,435236,165 191,35246