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Annual Report 2008-2009 - Emirates.com

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27. Trade and other payables<br />

Trade payables and accruals<br />

7,478,146<br />

Related parties (Note 34)<br />

194,491<br />

Passenger and cargo sales in advance<br />

4,883,416<br />

Dividend payable -<br />

Less: Payables over one year<br />

The carrying value of trade and other payables over one year approximate their fair value.<br />

28. Commitments<br />

Capital <strong>com</strong>mitments<br />

Authorised and contracted:<br />

Aircraft fleet<br />

Non-aircraft<br />

Joint ventures<br />

Authorised but not contracted:<br />

Non-aircraft<br />

Joint ventures<br />

Commitments have been entered into for the purchase of aircraft for delivery as follows (Note 10):<br />

Financial year Aircraft<br />

<strong>2009</strong> - 2010 17<br />

Beyond <strong>2009</strong> - 2010 136<br />

In addition, options are held on fifty Airbus and twenty Boeing aircraft.<br />

Operational <strong>com</strong>mitments<br />

Sales and marketing<br />

29. Guarantees<br />

101<br />

<strong>2009</strong> <strong>2008</strong><br />

AED'000 AED'000<br />

12,556,053<br />

6,928,586<br />

55,855<br />

5,666,090<br />

911,848<br />

13,562,379<br />

(25,307) (12,578)<br />

12,530,746<br />

100,279,291<br />

2,453,451<br />

100,080<br />

102,832,822<br />

3,189,035<br />

51,492<br />

3,240,527<br />

106,073,349<br />

1,514,093<br />

Performance bonds and letters of credit provided by bankers in the normal course of business 296,574<br />

13,549,801<br />

109,545,992<br />

2,294,081<br />

-<br />

111,840,073<br />

7,632,592<br />

52,340<br />

7,684,932<br />

119,525,005<br />

1,639,594<br />

588,371

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