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v3.20.2

Provisions (Tables) | 12 Months Ended
--- | ---
Mar. 31, 2020
Provisions. |
Summary of provisions |
|  | At March 31,
|  | 2020 |  | 2019 |  | 2018
|  | €M |  | €M |  | €M
Provision for aircraft maintenance on leased aircraft (a) |  | 75.4 |  | 130.7 |  | 133.2
Provision for pension obligation (b) |  | 4.5 |  | 4.9 |  | 4.9
|  | 79.9 |  | 135.6 |  | 138.1
|  | At March 31,
|  | 2020 |  | 2019 |  | 2018
|  | €M |  | €M |  | €M
(a) Provision for aircraft maintenance on leased aircraft |  |  |  |  |  |
At beginning of year |  | 130.7 |  | 133.2 |  | 133.3
Increase in provision during the year |  | 23.2 |  | 19.8 |  | 13.8
Utilization of provision upon the hand-back of aircraft |  | (78.5) |  | (22.3) |  | (13.9)
At end of year |  | 75.4 |  | 130.7 |  | 133.2
During fiscal year 2020, the Company returned 12 aircraft held under lease to the lessors. The expected timing of the outflows of economic benefits associated with the provision at March 31, 2020, 2019 and 2018 are as follows:
|  | Carrying |  |  |  |  |  |  |  |  |  |
|  | Value |  | 2021 |  | 2022 |  | 2023 |  | 2024 |  | Thereafter
|  | €M |  | €M |  | €M |  | €M |  | €M |  | €M
At March 31, 2020 |  |  |  |  |  |  |  |  |  |  |  |
Provision for leased aircraft maintenance |  | 75.4 |  | 43.3 |  | 12.1 |  | 3.2 |  | 5.9 |  | 10.9
|  | Carrying |  |  |  |  |  |  |  |  |  |
|  | Value |  | 2020 |  | 2021 |  | 2022 |  | 2023 |  | Thereafter
|  | €M |  | €M |  | €M |  | €M |  | €M |  | €M
At March 31, 2019 |  |  |  |  |  |  |  |  |  |  |  |
Provision for leased aircraft maintenance |  | 130.7 |  | 100.5 |  | 18.8 |  | 7.6 |  | 3.8 |  | —
|  | Carrying |  |  |  |  |  |  |  |  |  |
|  | Value |  | 2019 |  | 2020 |  | 2021 |  | 2022 |  | Thereafter
|  | €M |  | €M |  | €M |  | €M |  | €M |  | €M
At March 31, 2018 |  |  |  |  |  |  |  |  |  |  |  |
Provision for leased aircraft maintenance |  | 133.2 |  | 52.8 |  | 57.6 |  | 16.2 |  | 6.6 |  | —
|  | At March 31,
|  | 2020 |  | 2019 |  | 2018
|  | €M |  | €M |  | €M
(b) Provision for pension obligation |  |  |  |  |  |
At beginning of year |  | 4.9 |  | 4.9 |  | 4.9
Movement during the year |  | (0.4) |  | — |  | —
At end of year |  | 4.5 |  | 4.9 |  | 4.9

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- Definition The disclosure of other provisions. [Refer: Other provisions] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 37 -IssueDate 2019-01-01 -Paragraph 84 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=37&code=ifrs-tx-2019-en-r&anchor=para_84&doctype=Standard -URIDate 2019-03-27 + Details
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- References No definition available. + Details
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