10773 AirlingPDF - Aer Lingus

AER LINGUS GROUP PLCCONSOLIDATED PROFIT AND LOSS ACCOUNTYEAR ENDED 31 DECEMBER 20002000 1999 (As Restated)Notes Continuing Exceptional Total Continuing Discontinued Exceptional TotalOperations Items Operations Operations ItemsBefore Before BeforeExceptional Exceptional ExceptionalItems Items Items€000 €000 €000 €000 €000 €000 €000(Note 2) (Note 2)Turnover 1 1,372,419 - 1,372,419 1,134,224 40,444 33,013 1,207,681Cost of Sales 1 (970,258) - (970,258) (786,754) (37,732) - (824,486)Gross Profit 402,161 - 402,161 347,470 2,712 33,013 383,195Other operating expenses- operating (322,230) - (322,230) (275,848) (129) (2,793) (278,770)- employee participation 20 (4,416) 4,416 - (2,564) - (5,993) (8,557)(326,646) 4,416 (322,230) (278,412) (129) (8,786) (287,327)Operating Profit 1 75,515 4,416 79,931 69,058 2,583 24,227 95,868Exceptional Items(Loss)/Profit on disposal of fixed assets - (1,510) (1,510) - - 10,779 10,779Cost of fundamental restructuring - (10,991) (10,991) - - (1,415) (1,415)Profit/(Loss) on exit from non-core activities - 13,267 13,267 - - (44,860) (44,860)Profit/(Loss) on OrdinaryActivities before Interest 75,515 5,182 80,697 69,058 2,583 (11,269) 60,372Interest receivable and similar income 43,001 - 43,001 26,873 - - 26,873Interest payable and similar charges 3 (34,600) - (34,600) (27,689) - - (27,689)Profit/(Loss) on OrdinaryActivities before Taxation 4 83,916 5,182 89,098 68,242 2,583 (11,269) 59,556Taxation 7 (17,235) 364 (16,871) (6,581) - 3,837 (2,744)Profit/(Loss) on OrdinaryActivities after Taxation 66,681 5,546 72,227 61,661 2,583 (7,432) 56,812Minority Interests 18 (601) - (601) (1,347) - - (1,347)Profit/(Loss) for Year 66,080 5,546 71,626 60,314 2,583 (7,432) 55,465Earnings per Share (cents) 8 28.0c 21.8cEarnings per Share- continuing operations beforeexceptional items (cents) 8 25.8c 23.7cB.M. CahillR. HynesChairmanDirectorApproved by the Board of Directors on 29 June 2001.18