EasyJet 2013 Annual Report Download - page 134

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 easyJet plc Annual report and accounts 2013
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Glossary
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Payments to lessors under dry leasing arrangements
relate solely to the provision of an aircraft. Payments
to lessors under wet leasing arrangements relate to the
provision of aircraft, crew, maintenance and insurance.
$LUFUDIWRZQHGOHDVHGDWHQGRI\HDU
Number of aircraft owned or on lease arrangements
of over one month’s duration at the end of the period.
$YDLODEOHVHDWNLORPHWUHV$6.
Seats flown multiplied by the number of kilometres flown.
$YHUDJHIDUH
Passenger and ancillary revenue divided by passengers.
%ORFNKRXUV
Hours of service for aircraft, measured from the time
that the aircraft leaves the terminal at the departure
airport to the time that it arrives at the terminal at the
destination airport.
&RVWSHU$6.
Revenue less profit before tax, divided by available
seat kilometres.
&RVWSHUVHDW
Revenue less profit before tax, divided by seats flown.
&RVWSHUVHDWH[FOXGLQJIXHO
Revenue, less profit before tax, plus fuel costs, divided
by seats flown.
(%,7'$5
Earnings before interest, taxes, depreciation, amortisation,
aircraft dry leasing costs, and profit or loss on disposal
of assets held for sale.
*HDULQJ
Net debt (adjusted by adding seven times aircraft
dry leasing payments for the year) divided by the sum
of shareholders’ equity and adjusted net debt.
/RDGIDFWRU
Number of passengers as a percentage of number of
seats flown. The load factor is not weighted for the effect
of varying sector lengths.
2SHUDWHGDLUFUDIWXWLOLVDWLRQ
Average number of block hours per day per aircraft operated.
2WKHUFRVWV
Administrative and operational costs not reported elsewhere,
including some employee costs, compensation paid
to passengers, exchange gains and losses and the profit
or loss on the disposal of property plant and equipment.
3DVVHQJHUV
Number of earned seats flown. Earned seats comprises
seats sold to passengers (including no-shows), seats
provided for promotional purposes and seats provided
to staff for business travel.
3URILWEHIRUHWD[SHUVHDW
Profit before tax divided by seats flown.
5HWXUQRQFDSLWDOHPSOR\HG52&(
Normalised profit after tax (adjusted for leases) divided
by average net debt plus average shareholders’ equity.
5HWXUQRQHTXLW\
Profit for the year divided by the average of opening
and closing shareholders’ equity.
5HYHQXH 
The sum of seat revenue and non-seat revenue.
5HYHQXHSDVVHQJHUNLORPHWUHV53.
Number of passengers multiplied by the number
of kilometres those passengers were flown.
5HYHQXHSHU$6. 
Revenue divided by available seat kilometres.
5HYHQXHSHUVHDW 
Revenue divided by seats flown.
6HDWVIORZQ
Seats available for passengers.
6HFWRU
A one-way revenue flight.
132 easyJet plc Annual report and accounts 2013