Ryanair 2012 Annual Report Download - page 11
Download and view the complete annual report
Please find page 11 of the 2012 Ryanair 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.-
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
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
 |
 |
11
DIRECTORS‟ REPORT
N
UAL REPORT & F INANCIAL STATE MENTS 2007
Introduction
The directors submit their Annual Report, together with the audited financial statements of Ryanair Holdings
plc, for the year ended March 31, 2012.
Review of business activities and future developments in the business
The Company operates a low fares airline business and plans to continue to develop this activity by
expanding its successful low fares formula on new and existing routes. Information on the Company is set out on
pages 55 to 77 of the Annual Report. A review of the Company‘s operations for the year is set out on pages 77 to
86 of the Annual Report.
Results for the year
Details of the results for the year are set out in the consolidated income statement on page 132 of the Annual
Report and in the related notes to the financial statements.
Principle risks and uncertainties
Details of the principle risks and uncertainties facing the Company are set forth on pages 42 to 55 of the
Annual Report.
Key performance indicators
Details of the key performance indicators relevant to the business are set forth on pages 41; 55 to 77; and 77 to
86 of the Annual Report.
Financial risk management
Details of the Company‘s financial risk management objectives and policies and exposures to market risk are
set forth in Note 11 on pages 156 to 166 of the consolidated financial statements.
Share capital
The number of ordinary shares in issue at March 31, 2012 was 1,455,593,261 (2011: 1,489,574,915; 2010:
1,478,935,935). Details of the classes of shares in issue and the related rights and obligations are more fully set
out in Note 15 on pages 169 to 171 of the consolidated financial statements.
Accounting records
The directors believe that they have complied with the requirements of Section 202 of the Companies Act,
1990 with regard to books of account by employing financial personnel with appropriate expertise and by
providing adequate resources to the financial function. The books of account of the Company are maintained at its
registered office, Corporate Headquarters, Dublin Airport, Co. Dublin, Ireland.
Company information
The Company was incorporated on August 23, 1996 with a registered number of 249885. It is domiciled in
the Republic of Ireland and has its registered offices at Corporate Headquarters, Dublin Airport, Co. Dublin,
Ireland. It is a public limited company and operates under the laws of Ireland.
Staff
At March 31, 2012, the Company‘s personnel numbered 8,388 people, including 1,636 pilots and 2,867 cabin
crew employed on a contract basis. This compares to 8,560 people at March 31, 2011 and 7,168 people at March
31, 2010.