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Right of use assets & lease liabilities (Tables)

12 Months Ended

Mar. 31, 2025

Right of use assets & lease liabilities

Schedule of right of use assets and lease liabilities

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​	​	​	​	​	​	​	​	​
​	​	​	​	Year ended March 31,
Leases under IFRS 16 recognized in Consolidated Income Statement	​	​	​	2025	​	2024	​	2023
​	​	​		€M	​	€M	​	€M
Interest on lease liabilities	​	​		9.0	​	8.8	​	6.8
Depreciation charge	​	​	​	63.3	​	65.2	​	84.0
Lease charge for the year	​	​	​	72.3	​	74.0	​	90.8
​	​	​	​	​	​	​	​	​
​	​	​	​	At March 31,
Right of use-assets	​	​	​	2025	​	2024	​	2023
Balance at beginning of year	​	​	​	166.5	​	209.1	​	133.7
Depreciation charge for the year	​	​	​	(63.3)	​	(65.2)	​	(84.0)
Additions	​	​	​	22.8	​	22.6	​	47.2
Modification of leases*	​	​	​	22.5	​	—	​	112.2
Balance at end of year	​	​	​	148.5	​	166.5	​	209.1
​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​
​	​	​	​	At March 31,
Lease Liabilities	​	​	​	2025	​	2024	​	2023
Balance at beginning of year	​	​	​	164.6	​	206.3	​	138.3
Additions	​	​	​	—	​	—	​	9.9
Financing cash outflows from lease liabilities	​	​	​	(46.9)	​	(51.5)	​	(58.9)
Interest expense	​	​	​	9.0	​	8.8	​	6.8
Modification of leases*	​	​	​	22.5	​	—	​	112.2
Exchange movements	​	​	​	(0.1)	​	1.0	​	(2.0)
Balance at end of year	​	​	​	149.1	​	164.6	​	206.3
​	​	​	​	​	​	​	​	​
​	​	​	​	At March 31,
Lease Liabilities	​	​	​	2025	​	2024	​	2023
Current lease liability	​	​	​	37.7	​	39.4	​	43.2
Non-current lease liability	​	​	​	111.4	​	125.2	​	163.1
Total lease liabilities at end of year	​	​	​	149.1	​	164.6	​	206.3
​	​	​	​	​	​	​	​	​
A maturity analysis of our lease liabilities as at March 31, 2025 has been disclosed within Note 11. * Relates to the extension of 3 Airbus A320 leases during FY25 and 24 Airbus A320 leases during FY23.							​	​

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- Definition

The disclosure of quantitative information about right-of-use assets. [Refer: Right-of-use assets]

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 16
-IssueDate 2024-01-01
-Paragraph 53
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=16&code=ifrs-tx-2024-en-r&anchor=para_53&doctype=Standard
-URIDate 2024-03-27

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- References

No definition available.

+ Details

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