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SOUTHWEST AIRLINES CO. ANN UAL REPORT 2005 15
2001(3) 2000
$ 5,379 $ 5,468
9 1 1 1 1
85 7 1
5,555 5,650
4,924 4,629
63 1 1,02 1
(197) 4
828 1,0 1 7
31 7 39 2
$ 5 1 1 $ 603(5)
$ .67 $ .8 1 (5)
$ .63 $ .76(5)
$ . 0 1 80 $ .0 1 4 8
$ 8,997 $ 6,670
$ 1,327 $ 76 1
$ 4,014 $ 3,4 5 1
6.5% 1 0 .1 %
13.7% 1 9.9%
11.4% 1 8.1 %
9.2% 1 1 . 1 %
64,446,773 63,678,26 1
73,628,723 72,566,8 17
44,493,9 1 6 42,21 5 ,162
65,295,290 59,909,965
68.1% 70.5%
690 663
51 4 492
940,426 903,754
$83.46 $85.87
12.09¢ 12.95¢
8.5 1¢ 9.43¢
7.54¢ 7.73¢
6.36¢ 6.38¢
70.9¢ 78.7¢
1,086 1,013
31,580 29,274
355 344
1999 1998
$ 4,563 $ 4,0 1 0
103 99
70 5 5
4,736 4, 1 64
3,954 3,480
782 684
8 (2 1)
774 705
299 2 72
$ 475 $ 433
$ .63 $ .58
$ .59 $ .55
$ .0 143 $ .0 1 2 6
$ 5,654 $ 4,7 1 6
$ 872 $ 6 23
$ 2,836 $ 2,39 8
9.2% 9.7%
1 8.1% 19.7%
16.5% 16.4%
10.0% 10.4%
57,500,2 1 3 52,586,400
65,287,540 59,053,2 1 7
36,479,322 3 1 , 4 1 9 , 1 1 0
52,855,467 47,543,51 5
69.0% 6 6.1 %
634 597
465 4 4 1
846,823 806,822
$79.35 $76.26
12.5 1¢ 1 2.76¢
8.96¢ 8.76¢
7.48¢ 7.32¢
6.55¢ 6.50¢
52.7¢ 45.7¢
924 843
27,653 25,844
312 280
1997 1996
$ 3,670 $ 3,285
95 80
52 4 1
3,8 1 7 3,406
3,293 3,055
524 35 1
7 10
5 1 7 34 1
199 134
$ 3 1 8 $ 207
$ .43 $ .28
$ .4 1 $ .27
$ .0098 $ .0087
$ 4,246 $ 3,723
$ 628 $ 650
$ 2,009 $ 1,648
8.0% 5.9%
17.4% 13.5%
13.7% 10.3%
8.3% 6.1%
50,399,960 49,621,504
55,943,540 55,372,3 6 1
28,355,1 69 27,083,483
44,487,496 40,727,495
63.7% 66.5%
563 546
425 4 1 0
786,288 748,634
$72.81 $66.20
12.94¢ 1 2.1 3¢
8.58¢ 8.36¢
7.40¢ 7.50¢
6.29¢ 6.3 1¢
62.5¢ 65.5¢
788 737
23,974 22,944
2 6 1 243
Note: The schedule inside the front cover reconciles the non-GAAP financial measures included in this report to the most comparable
GAAP financial measures. The special items, which are net of profitsharing and income taxes as appropriate, consist primarily of:
charges resulting from the September 11, 2001, terrorist attacks (2001); certain passenger revenue adjustments (2001, 2002);
government grants received under the Air Transportation Safety and System Stabilization Act as a result of the 2001 terrorist attacks
(2001, 2002); government grants received under the Emergency Wartime Supplemental Appropriations Act as a result of the U.S. war
with Iraq (2003); and unrealized gains or losses for derivative instruments associated with the Company’s fuel hedging program that
settle in future accounting periods, recorded as a result of SFAS 133, “Accounting for Derivative Instruments and Hedging Activities,”
as amended (2001, 2002, 2003, 2004, 2005). In management’s view, comparative analysis of results can be enhanced by excluding
the impact of these items as the amounts are not indicative of the Company’s operating performance for the applicable period, nor
should they be considered in developing trend analysis for future periods.