EasyJet 2011 Annual Report Download - page 69

Download and view the complete annual report

Please find page 69 of the 2011 EasyJet annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 108

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108

Consolidated statement of financial position
Notes
30 September
2011
£ million
30 September
2010
£ million
Non-current assets
Goodwill 7 365 365
Other intangible assets 7 86 87
Property, plant and equipment 8 2,149 1,928
Derivative financial instruments 21 24 8
Loan notes 9 11 13
Restricted cash 12 33 33
Other non-current assets 10 63 54
2,731 2,488
Current assets
Assets held for sale – 73
Trade and other receivables 11 165 194
Derivative financial instruments 21 83 53
Restricted cash 12 90 23
Money market deposits 12 300 260
Cash and cash equivalents 12 1,100 912
1,738 1,515
Current liabilities
Trade and other payables 13 (916) (829)
Borrowings 14 (155) (127)
Derivative financial instruments 21 (52) (10)
Current tax liabilities (9) (28)
Maintenance provisions 16 (45) (71)
(1,177) (1,065)
Net current assets 561 450
Non-current liabilities
Borrowings 14 (1,145) (1,085)
Derivative financial instruments 21 (27) (4)
Non-current deferred income (59) (56)
Maintenance provisions 16 (177) (144)
Deferred tax liabilities 5 (179) (148)
(1,587) (1,437)
Net assets 1,705 1,501
Shareholders' equity
Share capital 17 108 107
Share premium 654 652
Hedging reserve 14 35
Translation reserve 1 1
Retained earnings 928 706
1,705 1,501
The accounts on pages 65 to 97 were approved by the Board of Directors and authorised for issue on
14 November 2011 and signed on behalf of the Board.
Carolyn McCall OBE Chris Kennedy
Director Director
easyJet plc
Annual report
and accounts 2011
GovernanceCorporate responsibility
Business review Performance and risk
Overview Accounts & other information
67