Ryanair 2012 Annual Report Download - page 153
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153
The following table indicates the amounts that were reclassified from other comprehensive income into
the capitalised cost of aircraft additions within property, plant and equipment, in respect of cash-flow hedges
realised during the year:
Year ended March 31,
2012
2011
2010
€M
€M
€M
Foreign currency forward contracts
Recognised in property plant and equipment – aircraft additions ................................
11.1
(15.2)
(16.7)
11.1
(15.2)
(16.7)
The following tables indicate the periods in which cash flows associated with derivatives that are
designated as cash-flow hedges were expected to occur, as of March 31, 2012, 2011 and 2010:
Carrying
Amount
Expected
Cash
Flows
2013
2014
2015
2016
Thereafter
€M
€M
€M
€M
€M
€M
€M
At March 31, 2012
Interest rate swaps ................................
(80.3)
(70.5)
(22.7)
(23.7)
(14.4)
(7.4)
(2.3)
U.S. dollar currency forward
contracts ................................................................
89.4
90.1
86.0
0.9
0.9
0.9
1.4
Commodity forward contracts ................................
144.3
144.3
144.3
-
-
-
-
153.4
163.9
207.6
(22.8)
(13.5)
(6.5)
(0.9)
Carrying
Amount
Expected
Cash
Flows
2012
2013
2014
2015
Thereafter
€M
€M
€M
€M
€M
€M
€M
At March 31, 2011
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)
Commodity forward contracts ................................
383.8
383.8
383.8
-
-
-
-
274.0
292.4
300.5
(18.1)
(1.7)
2.7
9.0
Carrying
Amount
Expected
Cash
Flows
2011
2012
2013
2014
Thereafter
€M
€M
€M
€M
€M
€M
€M
At March 31, 2010
Interest rate swaps ................................
(76.4)
(149.2)
(44.2)
(37.8)
(23.9)
(17.8)
(25.5)
U.S. dollar currency forward
contracts ................................................................
99.8
107.9
83.4
24.4
0.1
-
-
U.K. pounds sterling currency
forward contracts ................................................................
3.0
3.0
3.0
-
-
-
-
Commodity forward contracts ................................
42.6
42.6
42.6
-
-
-
-
69.0
4.3
84.8
(13.4)
(23.8)
(17.8)
(25.5)