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Annual Report 2011
108
Notes to the consolidated financial statements (continued)
FINANCIAL STATEMENTS Aer Lingus Group Plc
R
Re
es
st
tr
ri
ic
ct
ti
io
on
ns
s o
on
n t
th
he
e D
Di
is
sp
po
os
sa
al
l o
of
f L
Lo
on
nd
do
on
n H
He
ea
at
th
hr
ro
ow
w S
Sl
lo
ot
ts
s
The Articles of Association contain provisions requiring shareholder approval for the disposal of slots allocated to the Company at London
Heathrow Airport. If Aer Lingus proposes to dispose of any of the slots at London Heathrow that it was using in September 2006, it is
required to notify shareholders in the manner set out in the Articles of Association, and shareholders representing 20% or more of the
issued Ordinary Shares may require, within 28 days of notification, that the matter be submitted to an extraordinary general meeting. The
disposal may proceed if at the extraordinary general meeting the relevant resolution is passed by not less than X% of the votes cast at such
meeting (where ‘X’ is equal to 100 minus the number of Ordinary Shares held by the Minister for Finance at the record date of such
meeting of the Company, expressed as a percentage of the total number of issued Ordinary Shares as at such record date, plus 5%)
provided that if the value of ‘X’ under this formula is greater than 75, ‘X’ shall be deemed to be 75.
30 Share premium, capital conversion reserve fund, capital redemption reserve fund and other
reserves
2
20
01
11
12010
¤
¤’
’0
00
00
0¤’000
S
Sh
ha
ar
re
e p
pr
re
em
mi
iu
um
m
At 1 January and 31 December 5
51
10
0,
,6
60
05
5510,605
2
20
01
11
12010
¤
¤’
’0
00
00
0¤’000
C
Ca
ap
pi
it
ta
al
l c
co
on
nv
ve
er
rs
si
io
on
n r
re
es
se
er
rv
ve
e f
fu
un
nd
d
At 1 January and 31 December 5
5,
,0
04
48
85,048
2
20
01
11
12010
¤
¤’
’0
00
00
0¤’000
C
Ca
ap
pi
it
ta
al
l r
re
ed
de
em
mp
pt
ti
io
on
n r
re
es
se
er
rv
ve
e f
fu
un
nd
d
At 1 January and 31 December 3
34
43
3,
,7
79
96
6343,796
2
20
01
11
12010
¤
¤’
’0
00
00
0¤’000
O
Ot
th
he
er
r r
re
es
se
er
rv
ve
es
s
Cash flow hedging reserve
At 1 January 6
60
0,
,3
35
51
111,705
Movement in the period (
(3
39
9,
,6
62
23
3)
)55,595
Deferred tax on movement in the period 4
4,
,9
95
53
3(6,949)
At 31 December 2
25
5,
,6
68
81
160,351
2
20
01
11
12010
¤
¤’
’0
00
00
0¤’000
Available-for-sale reserve
At 1 January 5
51
10
01,223
Movement in the period (
(1
13
34
4)
)(795)
Deferred tax on movement in year 1
17
782
At 31 December 3
39
93
3510