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Property, plant and equipment | 12 Months Ended
--- | ---
Mar. 31, 2020
Property, plant and equipment |
Property, plant and equipment | 2. Property, plant and equipment
|  |  |  | Hangar and |  | Plant and |  | Fixtures and |  | Motor |  |
|  | Aircraft |  | Buildings |  | Equipment |  | Fittings |  | Vehicles |  | Total
|  | €M |  | €M |  | €M |  | €M |  | €M |  | €M
Year ended March 31, 2020 |  |  |  |  |  |  |  |  |  |  |  |
Cost |  |  |  |  |  |  |  |  |  |  |  |
At March 31, 2019 |  | 12,629.2 |  | 78.1 |  | 87.9 |  | 74.3 |  | 4.5 |  | 12,874.0
Additions in year |  | 1,160.8 |  | 29.3 |  | 39.9 |  | 6.5 |  | 0.5 |  | 1,237.0
Disposals in year |  | (412.4) |  | — |  | — |  | (0.1) |  | — |  | (412.5)
Transfer to assets held for sale |  | (98.7) |  | — |  | — |  | — |  | — |  | (98.7)
At March 31, 2020 |  | 13,278.9 |  | 107.4 |  | 127.8 |  | 80.7 |  | 5.0 |  | 13,599.8
Depreciation |  |  |  |  |  |  |  |  |  |  |  |
At March 31, 2019 |  | 3,716.7 |  | 26.1 |  | 38.2 |  | 59.5 |  | 3.9 |  | 3,844.4
Charge for year |  | 665.0 |  | 3.6 |  | 12.4 |  | 7.7 |  | 0.6 |  | 689.3
Eliminated on disposal |  | (371.8) |  | — |  | — |  | (0.1) |  | — |  | (371.9)
At March 31, 2020 |  | 4,009.9 |  | 29.7 |  | 50.6 |  | 67.1 |  | 4.5 |  | 4,161.8
Net book value |  |  |  |  |  |  |  |  |  |  |  |
At March 31, 2020 |  | 9,269.0 |  | 77.7 |  | 77.2 |  | 13.6 |  | 0.5 |  | 9,438.0
|  |  |  | Hangar and |  | Plant and |  | Fixtures and |  | Motor |  |
|  | Aircraft |  | Buildings |  | Equipment |  | Fittings |  | Vehicles |  | Total
|  | €M |  | €M |  | €M |  | €M |  | €M |  | €M
Year ended March 31, 2019 |  |  |  |  |  |  |  |  |  |  |  |
Cost |  |  |  |  |  |  |  |  |  |  |  |
At March 31, 2018 |  | 11,303.5 |  | 82.7 |  | 40.7 |  | 62.7 |  | 4.3 |  | 11,493.9
Additions in year |  | 1,485.2 |  | 2.4 |  | 47.2 |  | 11.7 |  | 0.2 |  | 1,546.7
Disposals in year |  | (159.5) |  | (7.0) |  | — |  | (0.1) |  | — |  | (166.6)
At March 31, 2019 |  | 12,629.2 |  | 78.1 |  | 87.9 |  | 74.3 |  | 4.5 |  | 12,874.0
Depreciation |  |  |  |  |  |  |  |  |  |  |  |
At March 31, 2018 |  | 3,251.3 |  | 29.5 |  | 32.9 |  | 53.3 |  | 3.5 |  | 3,370.5
Charge for year |  | 624.9 |  | 3.6 |  | 5.3 |  | 6.3 |  | 0.4 |  | 640.5
Eliminated on disposal |  | (159.5) |  | (7.0) |  | — |  | (0.1) |  | — |  | (166.6)
At March 31, 2019 |  | 3,716.7 |  | 26.1 |  | 38.2 |  | 59.5 |  | 3.9 |  | 3,844.4
Net book value |  |  |  |  |  |  |  |  |  |  |  |
At March 31, 2019 |  | 8,912.5 |  | 52.0 |  | 49.7 |  | 14.8 |  | 0.6 |  | 9,029.6
|  |  |  | Hangar and |  | Plant and |  | Fixtures and |  | Motor |  |
|  | Aircraft |  | Buildings |  | Equipment |  | Fittings |  | Vehicles |  | Total
|  | €M |  | €M |  | €M |  | €M |  | €M |  | €M
Year ended March 31, 2018 |  |  |  |  |  |  |  |  |  |  |  |
Cost |  |  |  |  |  |  |  |  |  |  |  |
At March 31, 2017 |  | 10,045.2 |  | 77.8 |  | 36.7 |  | 56.7 |  | 4.0 |  | 10,220.4
Additions in year |  | 1,452.7 |  | 7.6 |  | 4.0 |  | 6.0 |  | 0.3 |  | 1,470.6
Disposals in year |  | (194.4) |  | (2.7) |  | — |  | — |  | — |  | (197.1)
At March 31, 2018 |  | 11,303.5 |  | 82.7 |  | 40.7 |  | 62.7 |  | 4.3 |  | 11,493.9
Depreciation |  |  |  |  |  |  |  |  |  |  |  |
At March 31, 2017 |  | 2,898.7 |  | 28.6 |  | 29.6 |  | 46.7 |  | 3.0 |  | 3,006.6
Charge for year |  | 547.0 |  | 3.6 |  | 3.3 |  | 6.6 |  | 0.5 |  | 561.0
Eliminated on disposal |  | (194.4) |  | (2.7) |  | — |  | — |  | — |  | (197.1)
At March 31, 2018 |  | 3,251.3 |  | 29.5 |  | 32.9 |  | 53.3 |  | 3.5 |  | 3,370.5
Net book value |  |  |  |  |  |  |  |  |  |  |  |
At March 31, 2018 |  | 8,052.2 |  | 53.2 |  | 7.8 |  | 9.4 |  | 0.8 |  | 8,123.4
At March 31, 2020, aircraft with a net book value of €1,337m (2019: €2,395m; 2018: €2,935m) were mortgaged to lenders as security for loans. Under the security arrangements for the Company’s Ex-Im financed Boeing 737-800 “next generation” aircraft, the Company does not hold legal title to those aircraft while these loan amounts remain outstanding. At March 31, 2020, the cost and net book value of aircraft included advance payments on aircraft of €1,329m (2019: €711m; 2018: €558m). Such amounts are not depreciated. The cost and net book value also includes capitalized aircraft maintenance, aircraft simulators and the stock of rotable spare parts. The net book value of leased assets classified as property, plant and equipment (see note 3) at March 31, 2020, 2019 and 2018 was €132m, €198m and €267m, respectively. During the fiscal year 2020, €nil (2019: €nil; 2018: €3m) of borrowing costs were capitalized as part of property, plant and equipment. (Borrowing costs had been capitalized in prior years as follows: 2019: nil; 2018: 1.125%)

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- Definition The entire disclosure for property, plant and equipment. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 16 -IssueDate 2019-01-01 -Section Disclosure -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=16&code=ifrs-tx-2019-en-r&doctype=Standard&dita_xref=IAS16_g73-79_TI -URIDate 2019-03-27 + Details
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