Annual Report 1999 in PDF - Aer Lingus

Annual Report 1999 in PDF - Aer Lingus Annual Report 1999 in PDF - Aer Lingus

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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

AER LINGUS GROUP PLCNotesAer Lingus wishes to acknowledge the assistance of Poetry Ireland in researching the poetry excerpts for this report.47

AER LINGUS GROUP PLCNotes<strong>Aer</strong> L<strong>in</strong>gus wishes to acknowledge the assistance of Poetry Ireland <strong>in</strong> research<strong>in</strong>g the poetry excerpts for this report.47

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