Ryanair 2006 Annual Report Download - page 71

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(Continued)
Notes 71
ANNUAL REPORT & FINANCIAL STATEMENTS 2006
27 TRANSITION TO IFRS (Continued)
Reconciliation of Impact of IFRS on the Consolidated Balance Sheet at April 1, 2004.
IMPACT OF TRANSITION TO IFRS
Share Stock of
IR/UK Retirement Business Based A/C Spare Total
GAAP Benefits Combination Payment Parts Effect IFRS
000 000 000 000 000 000 000
Non-current assets
Property, plant and equipment 1,576,526 24,404 24,404 1,600,930
Intangible assets 44,499 2,342 2,342 46,841
Total non-current Assets 1,621,025 2,342 24,404 26,746 1,647,771
Current assets
Inventories 26,440 (24,404) (24,404) 2,036
Other assets 19,251 19,251
Trade receivables 14,932 14,932
Restricted Cash 200,000 200,000
Financial assets – cash
> 3 months 312,745 312,745
Cash and cash equivalents 744,260 744,260
Total current assets 1,317,628 (24,404) (24,404) 1,293,224
Total assets 2,938,653 2,342 2,342 2,940,995
Current liabilities
Trade payables 67,936 67,936
Accrued expenses and
other liabilities324,963 324,963
Current maturities of
long term debt 80,337 80,337
Current tax 13,245 13,245
Total current liabilities 486,481 486,481
Non current liabilities
Provisions for liabilities
and charges 6,522 6,522
Deferred income tax liability 87,670 (615) (615) 87,055
Other creditors 30,047 4,922 4,922 34,969
Long term debt 872,645 872,645
Total non-current liabilities 996,884 4,307 4,307 1,001,191
Shareholders’ equity
Issued share capital 9,643 9,643
Share premium account 560,406 560,406
Retained earnings 885,239 (4,307) 2,342 (1,965) 883,274
Shareholders’ equity1,455,288 (4,307) 2,342 (1,965) 1,453,323
Total liabilities and
shareholders’ equity 2,938,653 2,342 2,342 2,940,995