2. Operating costs
2. Operating costs
|
As at 31 March |
Note |
2026 |
2025 |
|
€m |
€m |
||
|
Cost by nature: |
|||
|
Raw materials and consumables |
2,811 |
3,192 |
|
|
Maintenance costs (excluding own labour) |
433 |
482 |
|
|
Other external charges (including fuels and utilities, hire charges and carriage costs) |
840 |
803 |
|
|
Employment costs |
4 |
1,282 |
1,186 |
|
Depreciation and amortisation expense |
315 |
296 |
|
|
Other operating items (including rents, rates, insurance and general expenses) |
546 |
526 |
|
|
Changes in inventory of finished goods and work in progress |
32 |
55 |
|
|
Own work capitalised |
(40) |
(47) |
|
|
Loss/(Profit) on disposal of property, pland and equipment |
(12) |
(17) |
|
|
6,207 |
6,476 |
The above costs include €99 million (2025: €10 million) in respect of restructuring and impairment, which relate to Employment costs of €98 million (2025: €5 million) and depreciation and amortisation of €1 million (2025: €5 million). Further analysis of restructuring and impairment costs is presented in Note 3.
|
As at 31 March |
Note |
2026 |
2025 |
|
€m |
€m |
||
|
The above costs are stated after including: |
|||
|
Amortisation of other intangible asset |
7 |
11 |
7 |
|
Impairment losses related to property, plant and equipment |
3 |
2 |
4 |
|
Depreciation of owned assets |
8 |
275 |
264 |
|
Depreciation of leased assets |
8 |
27 |
21 |
|
Low value lease costs |
3 |
4 |
|
|
Variable lease costs |
23 |
22 |
|
|
Costs of research and development (gross) |
81 |
56 |
|
|
Recoveries on research and development |
(13) |
(4) |
|
|
Impairments against trade receivables |
12(ii) |
1 |
- |
|
Net exchange rate results |
1 |
- |
|
|
Emission rights costs |
179 |
153 |