XML 40 R16.htm IDEA: XBRL DOCUMENT v3.23.2
Trade payables
12 Months Ended
Mar. 31, 2023
Trade and other payables [abstract]  
Trade payables

9.           Trade payables

At March 31, 

    

2023

    

2022

    

2021

 

€M

 

€M

 

€M

Trade payables - Current

 

1,065.5

 

1,029.0

 

336.0

Trade payables - Non-current

 

 

49.2

 

179.9

 

1,065.5

 

1,078.2

 

515.9

During the year ended March 31, 2021, the Group revised its 2014 Agreement with Boeing which resulted in a reversal of certain pre-delivery trade payables of €497m. Refer to Note 2 to the consolidated financial statements for further details.

Trade payable amounts are payable at various dates in the three months after the end of the financial year in accordance with the creditors’ usual and customary credit terms.