10773 AirlingPDF - Aer Lingus

AER LINGUS GROUP PLCNOTES TO THE CONSOLIDATED ACCOUNTS CONTINUED17. Called-Up Share Capital2000 1999€000 €000Authorised:500,000,000 shares of €1.25 (1999: IR£1) each 625,000 634,869Issued and fully paid:255,790,555 shares of €1.25 (1999: IR£1) each 319,738 324,786On 28 September 2000, in accordance with Section 26 of the Economic and Monetary Union Act 1998, the nominal valueof the company’s shares was redenominated from IR£1 to €1.269738 per share. These shares were then renominalised to€1.25 per share and an amount of €5.048 million was transferred to a Capital Conversion Reserve Fund.18. Minority Interests2000 1999€000 €000Beginning of year 3,167 1,822Share of retained profit for year 601 1,347Other movements (252) (2)End of year 3,516 3,16719. Consolidated Cash Flow StatementA. Reconciliation of Operating Profit to Net Cash Inflow from Operating Activities2000 1999€000 €000Operating profit before exceptional items 75,515 71,641Depreciation of tangible fixed assets 50,857 46,979Movement in provisions 8,846 6,804Increase in stocks (830) (2,416)(Increase)/Decrease in debtors (8,036) 52,003Increase in creditors 43,763 68,946Loss on exchange 3,793 9,764IPO and strategic alliance expenditure (9,485) -Net Cash Inflow from Operating Activities 164,423 253,72136