Annual Report and Accounts 2010-11 - Manchester Airport

Notes to the Consolidated Financial Statements for the year ended 31 March 2011 5510. Dividends2011 2010£m £mAmounts recognised as distributions to equity holders in the year:Dividend paid in relation to the year ended 31 March 2010 of 9.79 pence (2009: 9.79 pence) per share 20.0 20.011. Earnings per shareEarnings per share is calculated by dividing the earnings attributable to ordinary shareholders by the weighted average number ofordinary shares outstanding during the year. The Group does not have any dilutive equity instruments in issue, therefore dilutedearnings per share is the same as basic earnings per share.2011 2010Weighted average Per share Weighted average Per shareEarnings number of shares amount Earnings number of shares amount£m m Pence £m m PenceEPS attributable to ordinaryshareholders 84.7 204.3 41.46 36.9 204.3 18.0612. Property, plant and equipment2011 Freehold Long Plant, Assets inland and leasehold Airport fixtures and Leased the course ofproperty property infrastructure equipment assets construction Total£m £m £m £m £m £m £mCostAt 1 April 2010 204.7 414.9 823.3 412.0 16.3 32.3 1,903.5Additions – – – – – 70.3 70.3Reclassification 23.1 2.4 9.6 12.8 – (43.5) 4.4Disposals – (10.2) (16.6) (42.6) – – (69.4)At 31 March 2011 227.8 407.1 816.3 382.2 16.3 59.1 1,908.8DepreciationAt 1 April 2010 54.8 61.6 255.5 306.1 15.5 – 693.5Charge for the period – 10.6 21.1 31.9 0.2 0.4 64.2Disposals – (10.2) (16.6) (42.6) – – (69.4)At 31 March 2011 54.8 62.0 260.0 295.4 15.7 0.4 688.3Carrying amountAt 31 March 2011 173.0 345.1 556.3 86.8 0.6 58.7 1,220.5At 31 March 2010 149.9 353.3 567.8 105.9 0.8 32.3 1,210.0The Manchester Airport Group PLC Annual Report and Accounts 2010-11