Exhibits, Financial Statement Schedules(a) 1. Compensatory Plans or Arrangements.(**) I have reviewed this Amendment No. Accordingly, we express no such opinion. The split of revenues by region is provided in note 6. The Group also had an engine finance lease portfolio of 29 engines (2019: 28 engines). Both the level of business and the year-end financial position were satisfactory. Actual results could differ from those estimates. The presentation currency of these financial statements is U.S Dollars ($). All amounts in the financial statements have been rounded to the nearest $1,000. A subsidiary is an entity controlled by the Company. Receivables are recognised initially at the transaction price. Finance lease receivables The Group leases engines to customers. At each reporting date, inventories are assessed for impairment. Impairment losses are recognised in the income statement. There were no assets grouped as CGUs during the year. Page 15 Share capital Ordinary shares are classified as equity. Leases (as lessor) The Group leases engines to customers. erating lease contracts require rental payments in advance. Interest income comprise interest receivable from the bank. Tax The tax expense for the period comprises current and deferred tax. The Company is assessing the impact of these changes. The useful economic lives and residual values are re-assessed annually. See notes 24 and 25 for the maintenance reserve balances. The new law was substantively enacted on 17 March 2020. The accumulated depreciation on these engines was $7,962,000 (2019: $24,800,000). The revision is not considered material to the previously issued financial statements. Borrowings are secured by the assets of the Group and its affiliates. As of 31 December 2020 the Group had not exercised this option. The borrowings were obtained in order to purchase the fixed assets of the Group. Pension and other schemes -employer defined benefits pension schemes. The schemes are funded by annual contributions from: a) the Company b) scheme members. Capital reserve The capital reserve was established as on 29 December 2000. This reserve is non-distributable. 2020 2019 $000 $000 Unaudited Audited Purchase commitments - 52,964 - 52,964 35. The Group and certain affiliates are also party to private placement loan note funding. 12) Limited England Ordinary shares 100% 100% Omega Leasing (No. The registered address for RRPF Aviation Leasing (Tianjin) Limited is No. The following is a summary of the effects of the differences between UK GAAP and US GAAP. Profit for the financial year has been renamed Net income. Shareholders\' funds has been renamed Total equity. Called up share capital has been renamed Share capital. ( The engine parts have discrete unit prices that represent fair value. Each engine part is usually considered to be a separate performance obligation. The amount reported as cost of sales is recorded at average cost. Derivatives are recognized in the Consolidated Balance Sheet at their fair value. components of those assets and obligations used LIBOR as reference. Member] NEW YORK STOCK EXCHANGE, INC. [ MN[Z"UAO"PN)WMH)_+80S2I]Y%?&"?T." 35#4/B?X2TNXU*VO-1.XTX@7$1 MMY-P)Z ? 1110 4444 %%%% M!1110 4444 %%%% ! R/O*"HH S-#T2V\\/Z2 MNGV?$823H SN7; \' &6. 1110 44$X&3TK*\'B;1&&1JEML+;5DW_(S=,*W1C[ D MT :M%(2%!). M56,*XB:.(JGW2ISZ&NB;Q+HZ6\\T[7R"*&\\%C(VUOEG+!=G3KE@,].: - 1BBB@ HP*** # ]*,#THHH *,444 &! BC HHH ,"C HHH *,"BB@ P*,"BB@ Q1110 8%&!110 8%%%% ! 1110 4 M49HH **** "BBB
