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Annual Report 2011 109
Notes to the consolidated financial statements (continued)
FINANCIAL STATEMENTS Aer Lingus Group Plc
2
20
01
11
12010
¤
¤’
’0
00
00
0¤’000
Treasury shares
At 1 January (
(6
6,
,3
32
26
6)
)(6,326)
Purchase of shares -
--
Cancellation of shares -
--
Exercise of LTIP awards 7
71
11
1-
At 31 December (
(5
5,
,6
61
15
5)
)(6,326)
Share based payment reserve
At 1 January 8
81
12
241
Exercise of LTIP awards (
(7
71
11
1)
)-
Movement in the period 3
3,
,1
19
99
9882
Deferred tax on movement in the period (
(4
40
00
0)
)(111)
At 31 December 2
2,
,9
90
00
0812
Total other reserves 2
23
3,
,3
35
59
955,347
S
Sh
ha
ar
re
e p
pr
re
em
mi
iu
um
m
The share premium of ¤510.6m relates to the share premium arising on share issues.
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
The capital conversion reserve fund is attributable to the re-denomination of the nominal value of the Group’s shares from punt to euro in
2000.
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
The capital redemption reserve fund is attributable to shares which were purchased and cancelled by the Group prior to its initial public
offering for nil consideration pursuant to Sections 41(2) and 43 of the Companies (Amendment) Act, 1983.
C
Ca
as
sh
h f
fl
lo
ow
w h
he
ed
dg
gi
in
ng
g r
re
es
se
er
rv
ve
e
The cash flow hedging reserve comprises the effective portion of the cumulative net change in the fair value of cash flow hedging
instruments (net of tax) principally relating to fuel and forward currency contracts.
A
Av
va
ai
il
la
ab
bl
le
e-
-f
fo
or
r-
-s
sa
al
le
e r
re
es
se
er
rv
ve
e
The available for sale reserve is attributable to the unamortised portion of fair value gains realised on the reclassification of available for
sale bonds to loans and receivables in 2008. The reserve is amortised over remaining bond maturity periods.
T
Tr
re
ea
as
su
ur
ry
y s
sh
ha
ar
re
es
s
The treasury shares reserve comprises the weighted average cost of Aer Lingus Group plc ordinary shares held in order to fulfil award
conditions under the LTIP share based performance award scheme.
S
Sh
ha
ar
re
e b
ba
as
se
ed
d p
pa
ay
ym
me
en
nt
t r
re
es
se
er
rv
ve
e
The reserve comprises amounts expensed in the Group Income Statement in connection with awards made under the LTIP share based
performance award scheme, less any exercises or lapses of such awards.