EasyJet 2010 Annual Report Download - page 55

Overview Business review Governance Accounts Other information
easyJet plc
Annual report and accounts 2010
Statement of Directors’ responsibilities
53
The Directors are responsible for preparing the annual report, the Report on Directors’ remuneration and the accounts in accordance
with applicable law and regulations.
Company law requires the Directors to prepare accounts for each financial year. Under that law the Directors have prepared the Group
and parent company accounts in accordance with International Financial Reporting Standards (IFRSs) as adopted by the European Union.
Under company law the Directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state
of affairs of the Group and the Company and of the profit or loss of the Group for that period. In preparing these accounts, the Directors
are required to:
–select suitable accounting policies and then apply them consistently;
–make judgements and accounting estimates that are reasonable and prudent;
– state whether applicable IFRSs as adopted by the European Union have been followed, subject to any material departures disclosed and
explained in the accounts; and
–prepare the accounts on the going concern basis unless it is inappropriate to presume that the Group and the Company will continue
in business.
The Directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company’s transactions
and disclose with reasonable accuracy at any time the financial position of the Company and the Group and enable them to ensure that
the accounts and the Report on Directors’ remuneration comply with the Companies Act 2006 and, as regards the Group accounts,
Article 4 of the IAS Regulation. They are also responsible for safeguarding the assets of the Company and the Group and hence for taking
reasonable steps for the prevention and detection of fraud and other irregularities.
The Directors are responsible for the maintenance and integrity of the Company’s website. Legislation in the United Kingdom governing
the preparation and dissemination of accounts may differ from legislation in other jurisdictions.
Each of the Directors, whose names and functions are listed on page 35 confirm that, to the best of their knowledge:
–the Group and the Company accounts, which have been prepared in accordance with IFRSs as adopted by the European Union,
give a true and fair view of the assets, liabilities, financial position and profit of the Group and the Company; and
–the Directors’ report includes a fair review of the development and performance of the business and the position of the Group and the
Company, together with a description of the principal risks and uncertainties that they face.
In the case of each Director in office at the date the Directors’ report is approved and in accordance with Section 418 of the Companies
Act 2006:
(a) so far as the Director is aware, there is no relevant audit information of which the Company’s auditors are unaware; and
(b) he has taken all the steps that he ought to have taken as a Director in order to make himself aware of any relevant audit information
and to establish that the Company’s auditors are aware of that information.
The annual report on pages 1 to 53 was approved by the Board of Directors and authorised for issue on 15 November 2010 and signed
on behalf of the Board by:
Carolyn McCall OBE Chris Kennedy
Chief Executive Chief Financial Officer