EasyJet 2011 Annual Report Download - page 64

Statement of Directors’ responsibilities
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 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
–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 pages 42 and 43 confirm that, to the best of
their knowledge:
–the Group accounts, which have been prepared in
accordance with IFRSs as adopted by the EU, give
a true and fair view of the assets, liabilities, financial
position and profit of the Group; and
–the Directors’ report includes a fair review of the
development and performance of the business
and the position of the Group, together with a
description of the principal risks and uncertainties
that it faces
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 62 was approved
by the Board of Directors and authorised for issue
on 14 November 2011 and signed on behalf of the
Board by:
Carolyn McCall OBE Chris Kennedy
Chief Executive Officer Chief Financial Officer
62
easyJet plc
Annual report
and accounts 2011