Ryanair 2011 Annual Report Download - page 161

Download and view the complete annual report

Please find page 161 of the 2011 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 194

  • 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
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194

159
The maturities of the contractual undiscounted cash flows (including estimated future interest payments
on debt) of the Company’s financial liabilities are as follows:
Total
Carrying
Value
Total
Contractual
Cash flows 2012 2013 2014 2015 Thereafter
1M 1M 1M 1M 1M 1M 1M
At March 31, 2011
Long term debt and finance
leases
- Fixed rate debt
.......................
3.67% 2,043.6 2,237.8
237.0
235.8
236.0
273.0
1,256.0
- Floating rate debt
...................
1.86% 1,605.8 1,747.6 170.0 173.2 176.3 179.4 1,048.7
3,649.4 3,985.4 407.0 409.0 412.3 452.4 2,304.7
Derivative financial
instruments
- Interest rate swaps
..................
37.8
18.7
19.6
9.5
1.6
(2.8)
(9.2)
- U.S. dollar currency
forward contracts
......................
72.0
72.7
63.7
8.6
0.1
0.1
0.2
Aircraft maintenance
provision on operating
leased aircraft
...........................
84.7
84.7
10.8
13.4
30.5
10.4
19.6
Trade payables
.........................
150.8
150.8
150.8
-
-
-
-
Accrued expenses
.....................
273.2 273.2 273.2 - - - -
Total at March 31, 2011
...........
4,267.9 4,585.5 925.1 440.5 444.5 460.1 2,315.3
Total
Carrying
Value
Total
Contractual
Cash flows 2011 2012 2013 2014 Thereafter
1M 1M 1M 1M 1M 1M 1M
At March 31, 2010
Long term debt and finance
leases
- Fixed rate debt
.......................
3.89% 1,639.6 1,767.6 183.9 184.4 184.1 185.0 1,030.2
- Floating rate debt
...................
1.35% 1,316.6 1,422.2 127.7 130.4 133.2 136.3 894.6
2,956.2 3,189.8 311.6 314.8 317.3 321.3 1,924.8
Derivative financial
instruments
- Interest rate swaps
..................
76.4 149.2 44.2 37.8 23.9 17.8 25.5
Aircraft maintenance
provision on operating
leased aircraft
...........................
92.6 92.6 36.2 7.6 9.5 22.4 16.9
Trade payables
.........................
154.0 154.0 154.0 - - - -
Accrued expenses
.....................
260.3 260.3 260.3 - - - -
Total at March 31, 2010
...........
3,539.5 3,845.9 806.3 360.2 350.7 361.5 1,967.2
Total
Carrying
Value
Total
Contractual
Cash flows 2010 2011 2012 2013 Thereafter
1M 1M 1M 1M 1M 1M 1M
At March 31, 2009
Long term debt and finance
leases
- Fixed rate debt
.......................
5.96% 667.1 826.6 96.6 94.2 91.7 88.3 455.8
- Floating rate debt
...................
2.20% 1,731.3 1,976.0 179.5 181.6 183.9 186.4 1,244.6
2,398.4 2,802.6 276.1 275.8 275.6 274.7 1,700.4
Derivative financial
instruments
- Interest rate swaps
..................
84.8 92.3 22.0 25.2 19.6 10.9 14.6
- Jet fuel – derivative
contracts
................................
106.7 106.7 106.7 - - - -
Aircraft maintenance
provision on operating
leased aircraft
...........................
61.9 61.9 - 14.5 13.8 8.4 25.2
Trade payables
.........................
132.7 132.7 132.7 - - - -
Accrued expenses
.....................
226.4 226.4 226.4 - - - -
Total at March 31, 2009
...........
3,010.9 3,422.6 763.9 315.5 309.0 294.0 1,740.2