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 Financial Statements Aer Lingus Group Plc – Annual Report 2009
3 Financial risk management [continued]
The table below analyses the Group’s financial liabilities into relevant maturity groupings based on the remaining period at the
statement of financial position date to the contractual maturity date. The amounts disclosed in the table are the contractual
undiscounted cash flows.
Less than
1 year 1-2 years 2-5 years
Over
5 years Total
€’000 €’000 €’000 €’000 €’000
At 31 December 2009
Finance lease obligations 70,952 67,338 197,852 278,987 615,129
Trade and other payables 340,710 – – – 340,710
At 31 December 2008
Finance lease obligations 128,812 66,480 141,915 351,077 688,284
Trade and other payables 415,838 – – – 415,838
The table below analyses the Group’s derivative financial instruments, which will be settled on a gross basis, into relevant maturity
groupings based on the remaining period at the statement of financial position date to the contractual maturity date. The amounts
disclosed in the table are the contractual undiscounted cash flows.
Less than
1 year 1-2 years 2-5 years
Over
5 years Total
€’000 €’000 €’000 €’000 €’000
At 31 December 2009
Cross-currency interest rate swap
Outflow – 20,170 – – 20,170
Inflow – 12,833 – – 12,833
Forward foreign currency contracts
Outflow 555,155 362,567 69,444 – 987,166
Inflow 543,421 360,722 69,904 – 974,047
Forward fuel price contracts
Outflow 225,162 66,886 – – 292,048
Inflow 212,573 69,207 – – 281,780
At 31 December 2008
Cross-currency interest rate swap
Outflow – – 20,170 – 20,170
Inflow – – 13,200 – 13,200
Forward foreign currency contracts
Outflow 614,990 344,639 274,203 – 1,233,832
Inflow 646,013 369,186 291,108 – 1,306,307
Forward fuel price contracts
Outflow 261,572 87,233 – – 348,805
Inflow 146,770 57,766 – – 204,536
Notes to the Consolidated Financial Statements [continued]