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is no change in net assets or profit for that year. Further details are given in the aircraft maintenance provisions accounting policy in note 1.
Summary of selected information for five years
Year end to 30 September
91 easyJet plc
Annual report and accounts 2007
Aircraft owned/leased at end of period Number of aircraft owned or on lease arrangements of over one month’s duration at the
end of the period.
Ancillary revenue Includes credit card fees, baggage charges, speedy boarding fees, sporting equipment fees,
infant fees, change fees and rescue fees, profit share from in flight sales and commissions
earned on products and services sold, less chargebacks.
Available seat kilometres (ASK) Seats flown multiplied by the number of kilometres flown.
Average fare Passenger and ancillary revenue divided by passengers.
Block hours 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.
Cost per ASK Revenue less profit before tax, divided by available seat kilometres.
Cost per seat Revenue less profit before tax, divided by seats flown.
Cost per seat, excluding fuel Revenue, less profit before tax, plus fuel costs, divided by seats flown.
EBITDAR Earnings before interest, taxes, depreciation, amortisation, dry lease and long-term wet lease
costs, and the share of profit after tax of associates.
Load factor Number of passengers as a percentage of number of seats flown. The load factor is not
weighted for the effect of varying sector lengths.
Operated aircraft utilisation Average number of block hours per day per aircraft operated.
Other costs 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.
Passengers 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.
Profit before tax per seat Profit before tax divided by seats flown.
Return on equity Profit for the year divided by the average of opening and closing shareholders’ funds.
Revenue The sum of revenue from ticket sales and ancillary revenue.
Revenue passenger kilometres (RPK) Number of passengers multiplied by the number of kilometres those passengers were flown.
Revenue per ASK Revenue divided by available seat kilometres.
Revenue per seat Revenue divided by seats flown.
Seats flown Seats available for passengers.
Sector A one-way revenue flight.
Glossary
92 easyJet plc
Annual report and accounts 2007
Financial calendar
Financial year end 30 September 2007
Annual General Meeting 21 February 2008
Announcement of 2008 results
Release of interim results to 31 March 2008 7 May 2008
Preliminary results year to 30 September 2008 18 November 2008
Registered office
Hangar 89
London Luton Airport
Luton
Bedfordshire
LU2 9PF
Company number
3959649
Company registrar
Equiniti Limited
Aspect House
Spencer Road
Lancing
West Sussex
BN99 6DA
Auditors
PricewaterhouseCoopers LLP
Shareholder information
This annual report is printed on Revive 100
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Thank you.
This report is available at:
http://easyjet.com/EN/Investor/investorrelations_
financialreports.html
plc
Hangar 89
London Luton Airport
Luton
Bedfordshire
LU2 9PF
www.easyJet.com

　
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