Ryanair 2011 Annual Report Download - page 172

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170
Reportable segment information is presented as follows:
Year ended
March 31,
2011
Year ended
March 31,
2010
Year ended
March 31,
2009
1M 1M 1M
External revenues
................................
................................
................................
3,629.5 2,988.1 2,942.0
Reportable segment adjusted profit after income tax
................................
400.7 318.8 104.9
Other segment information:
Depreciation (i) ................................................................
................................
(277.7)
(235.4) (204.5)
Finance income ................................................................
................................
27.2
23.5 75.5
Finance expense ................................................................
................................
(93.9)
(72.1) (130.5)
Capital expenditure ................................................................
................................
(897.2) (997.8) (656.6)
(i) Excludes accelerated depreciation of 151.6 million in 2009.
At March 31,
2011
At March 31,
2010
At March 31,
2009
1M 1M 1M
Reportable segment assets (ii) ................................
................................
8,482.0 7,447.2 6,294.7
(ii) Excludes the available-for-sale financial asset.
Reconciliation of reportable segment profit or loss to consolidated profit after income tax is as follows:
Year ended
March 31,
2011
Year ended
March 31,
2010
Year ended
March 31,
2009
1M 1M 1M
Total adjusted profit or loss for reportable segment
................................
400.7 318.8 104.9
Other items of profit or loss
Icelandic volcanic ash related cost (a) ................................
................................
(26.1) - -
Loss on impairment of available-for-sale financial asset
................................
- (13.5) (222.5)
Accelerated depreciation on property, plant and equipment
................................
- - (51.6)
Consolidated profit/(loss) after income tax
................................
.......
374.6 305.3 (169.2)
(a) Icelandic volcanic ash related costs of 126.1 million reflect the estimated costs relating to the closure of airspace
in April and May 2010 due to the Icelandic volcanic ash disruptions. The closure of European airspace in April
and May 2010, due to the Icelandic volcanic ash disruption, resulted in the cancellation of 9,400 Ryanair flights.
The impact on the Group’s operating results totaled 129.7 million, (before associated tax of 13.6 million) for the
year ended March 31, 2011, comprising 115.6 million of operating expenses and 11.7 million of finance
expenses attributable to the period of flight disruption, together with estimated passenger compensation costs of
112.4 million pursuant to Regulation (EC) No. 261/2004 (‘EU261’). The Company’s estimate of total passenger
compensation costs has been determined based on actual claims received and processed to date together with
probable future compensation payments and other related costs.