Aer Lingus 2012 Annual Report Download - page 117

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FINANCIAL STATEMENTS Aer Lingus Group Plc
ANNUAL REPORT 2012
115
34 Financial commitments
(a) Capital commitments
At 31 December the Group had capital commitments as follows:
2012 2011
€’000 €’000
Contracted for but not provided
- Aircraft and equipment 937,121 908,545
- Other 2,664 3,299
939,785 911,844
(b) Lease commitments
At 31 December 2012 the Group had commitments, under non-cancellable operating leases, which fall due as follows:
Property Aircraft Plant and
machinery
€’000 €’000 €’000
No later than one year 7,486 44,498 2
Later than one year but no later than five years 28,260 115,860 -
Later than five years 40,338 - -
76,084 160,358 2
At 31 December 2011 the Group had commitments, under non-cancellable operating leases, which fall due as follows:
Property Aircraft Plant and
machinery
€’000 €’000 €’000
No later than one year 7,714 44,096 -
Later than one year but no later than five years 32,489 144,744 -
Later than five years 49,587 9,214 -
89,790 198,054 -
Lease commitments exclude the impact of rent prepayments received as part of consideration for the surrender of the HOB site as described in
Note 9.
35 Related party transactions
Key management compensation¹,²
2012 2011
€’000 €’000
Short-term employee benefits 5,475 4,669
Post employment benefits 495 374
Termination benefits -2,032
Share-based payments 1,984 1,626
7,954 8,701
¹ Key management compensation comprises all amounts in respect of Directors, Non-Executive Directors and members of the Executive
Management Team.
² No member of key management received a pay increase during 2012.
Notes to the consolidated financial statements (continued)