EasyJet 2008 Annual Report Download - page 4

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easyJet plc
Annual report and accounts 2008
easyJet at a glance
Strong revenue growth has meant that easyJet was able to
offset over half the impact of higher fuel costs and deliver
pre-tax profits of £123m*. easyJet is financially strong with
significant cash holdings and low gearing.
Financial highlights
2008
2007200620052004 2008
2007200620052004
2008
2007
20062005
2004 2008
2007
20062005
2004
2008
2007200620052004 2008
2007200620052004
+31%
Revenue £ million
1,797
1,620
1,341
1,091
2,363 191
129
83
62
123
13.6%
10.1%
7.1%
5.3%
7.6%
34.8p
23.2p
14.8p
10.3p
22.1p
261
222
221
161
292
20.4%
31.0%
32.5%
27.0% 28.7%
-36%
Profit before tax* £ million
-6.0pp
Return on equity* %
-36%
Basic earnings per share* pence
+12%
Cash flow from operations £ million
+8.3pp
Gearing %
Financial strength
02
*Underlying financial performance excludes £12.9 million of costs associated with
the integration of GB Airways in 2008 and excludes the reversal of the impairment
of the investment in The Airline Group of £10.6 million in 2007.