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FINANCIAL STATEMENTS Aer Lingus Group Plc
ANNUAL REPORT 2012
84
The chief operating decision maker, Christoph Mueller, (Chief Executive Officer) assesses operating segment performance based on a measure of
operating profit before net exceptional items.
Total segment assets exclude deferred tax, loans and receivables, deposits and cash and cash equivalents, all of which are managed on a central
basis. These are part of the reconciliation to total assets reported in the statement of financial position assets.
Segment revenue of €1,393.3 million (2011: €1,288.3 million) is wholly derived from external customers. Depreciation and amortisation of
€79.5 million (2011: €84.8 million) is included in the measure of segment profit and loss.
2012 2011
€’000 €’000
Operating profit before miscellaneous group level adjustments, net exceptional items,
interest and tax for the reportable Segment 65,842 44,852
Miscellaneous group level adjustments 3,212 4,257
Net exceptional items (26,466) 37,161
Operating profit after net exceptional items 42,588 86,270
Finance income 15,303 15,422
Finance expense (17,131) (17,330)
Share of losses of joint venture (190) -
Profit before tax 40,570 84,362
The reportable segment’s assets are reconciled to total assets as follows:
2012 2011
€’000 €’000
Total segment assets 861,105 927,816
Investments in joint venture 10,764 -
Deferred tax asset 1,330 4,929
Loans and receivables 43,373 42,180
Deposits 552,220 588,077
Cash and cash equivalents 312,939 264,495
Total assets 1,781,731 1,827,497
During the period additions totalling €44.4 million (2011: €127.0 million) were made to the reportable segments non-current assets.
Revenues from external customers, attributable to Ireland, the Group’s country of domicile, amounted to €781.0 million (2011: €738.0 million)
and revenues from external customers, attributed to foreign countries in total from which the Group derives revenue, amounted to €612.3 million
(2011: €550.3 million). Substantially all of the Group’s non-current assets are located in Ireland.
Notes to the consolidated financial statements (continued)