Ryanair 2004 Annual Report Download - page 8

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for the year ended March 31, 2004
Operating & Financial Review
8
for the year ended March 31, 2004
Operating & Financial Review
Consolidated profit and loss account adjusted to 2004 2003
separately identify goodwill and exceptional costs 000 000
Operating revenues
Scheduled revenues 924,566 731,951
Ancillary revenues 149,658 110,557
Total operating revenues
- continuing operations 1,074,224 842,508
Operating expenses
Staff costs (123,624) (93,073)
Depreciation & amortisation (98,130) (76,865)
Fuel and oil (174,991) (128,842)
Maintenance, materials and repairs (43,420) (29,709)
Marketing & distribution costs (16,141) (14,623)
Aircraft rentals (11,541) -
Route charges (110,271) (68,406)
Airport & handling charges (147,221) (107,994)
Other costs (78,034) (59,522)
Total operating expenses (803,373) (579,034)
Operating profit before amortisation of goodwill and exceptional items 270,851 263,474
Other (expenses)/income
Foreign exchange gains 3,217 628
(Loss) on disposal of fixed and financialassets (9) (29)
Interest receivable and similar income 23,891 31,363
Interest payable and similar charges (47,564) (30,886)
Total other (expenses)/income (20,465) 1,076
Adjusted profit on ordinary activities before tax 250,386 264,550
Tax on profit on ordinary activities (23,835) (25,152)
Adjusted profit for the financial year 226,551 239,398
Exceptional items and goodwill amortisation
Goodwill amortisation (2,342) -
Buzz re-organisation (3,012) -
Depreciation (3,261) -
Aircraft rentals (13,291) -
Tax on exceptional items 1,966 -
Total exceptional items and goodwill amortisation (19,940) -
Profit for the financial year 206,611 239,398
A N N U A L R E P O RT & F I N A N C I A L S T A T E M E N T S 2 0 0 4