Ryanair 2005 Annual Report Download - page 18

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for the year ended March 31, 2005
Operating & Financial Review
8Operating & Financial Review
Consolidated profit and loss account adjusted to 2005 2004
separately identify goodwill and exceptional costs 000 000
Operating revenues
Scheduled revenues 1,128,116 924,566
Ancillary revenues 208,470 149,658
Total operating revenues
- continuing operations 1,336,586 1,074,224
Operating expenses
Staff costs (140,997) (123,624)
Depreciation & amortisation (98,703) (98,130)
Fuel and oil (265,276) (174,991)
Maintenance, materials and repairs (37,934) (43,420)
Marketing & distribution costs (19,622) (16,141)
Aircraft rentals (33,471) (11,541)
Route charges (135,672) (110,271)
Airport & handling charges (178,384) (147,221)
Other costs (97,038) (78,034)
Total operating expenses (1,007,097) (803,373)
Operating profit before amortisation of goodwill and exceptional items 329,489 270,851
Other (expenses)/income
Foreign exchange (losses)/gains (2,323) 3,217
Gain/(Loss) on disposal of fixed and financial assets 47 (9)
Interest receivable and similar income 28,342 23,891
Interest payable and similar charges (57,499) (47,564)
Total other (expenses)/income (31,433) (20,465)
Adjusted profit on ordinary activities before tax 298,056 250,386
Tax on profit on ordinary activities (29,190) (23,835)
Adjusted profit for the financial year 268,866 226,551
Exceptional items and goodwill amortisation
Goodwill amortisation (2,125) (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 (2,125) (19,940)
Profit for the financial year 266,741 206,611
ANNUAL REPORT & FINANCIAL STATEMENTS 2005