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CzeCh airlines - České aerolinie

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NOTES TO THE FINANCIAL STATEMENTS<br />

For the Year Ended 31 December 2010<br />

annual report 2010 | 66<br />

Vehicles under Finance Lease:<br />

31 December 2009<br />

CZK’000<br />

Amounts paid 32,203<br />

Outstanding amounts payable within one year 17,100<br />

Amounts payable after more than one year 2,828<br />

Total lease payments paid on current<br />

finance lease contracts<br />

52,131<br />

The financial leasing of vehicles was transferred as non-monetary contribution to<br />

the subsidiary Czech Airlines Handling, s.r.o. (formerly ČSA Support, s.r.o.) as of<br />

1 January 2010 (as mentioned in Note 28).<br />

The Airbus A320 flight simulator held under a finance lease contract:<br />

Expire date<br />

Total lease payments<br />

Total amounts paid at<br />

31 December 2009<br />

Total amounts paid at<br />

31 December 2010<br />

Outstanding<br />

amounts payable<br />

within one year<br />

Amounts payable<br />

after more<br />

than one year<br />

in EUR thousands 2013 2,142 803 1,160 357 625<br />

in CZK thousands * 53,679 20,123 29,070 8,946 15,663<br />

*The conversion from EUR to CZK was carried out using the rate of the Czech National Bank as at 31 December 2010.<br />

The Company further operates 18 aircraft under operating lease (2009: 22 aircraft).<br />

The information on operating lease commitments is disclosed in Note 27.

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