Ryanair 2004 Annual Report Download - page 37

Download and view the complete annual report

Please find page 37 of the 2004 Ryanair annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 74

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74

3 FINANCIAL FIXED ASSETS
GROUP COMPANY
2004 2003 2004 2003
000 000 000 000
Investment in subsidiary undertakings- --71,994 71,994
(Continued)
Notes 37
A N N U A L R E P O RT & F I N A N C I A L S T A T E M E N T S 2 0 0 4
In the opinion of the directors the fair value of the investments in subsidiary undertakings is at least equal to cost as stated
above.
4 CASH AND LIQUID RESOURCES
Cash and liquid resources, net of overdrafts of 0.3m(2003: 1.3m) amounted to 1,257.0m (2003: 1,058.9m). This includes
200.0m (2003: 120.9m) held on deposit as collateral for certain derivative financial instruments anddebt finanacing
arrangements entered into by the group.
5 ACCOUNTS RECEIVABLE
2004 2003
GR0UP 000 00O
Trade receivables 15,284 15,316
Provision for doubtful debts (352) (346)
14,932 14,970
All amounts fall due within one year.
6 OTHER ASSETS
GROUP COMPANY
2004 2003 2004 2003
000 000 000 000
Prepayments 11,674 5,679 --
Interest receivable 4,611 7,013 --
Value Added Tax recoverable 2,966 3,678 --
Due from Ryanair Limited --533,859 526,910
19,251 16,370 533,859 526,910
Allamounts fallduewithin one year.