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Assignment on Annual Report Ryanair

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Added on  2019-12-04

Assignment on Annual Report Ryanair

   Added on 2019-12-04

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Ryanair Annual Report
Assignment on Annual Report Ryanair_1
TABLE OF CONTENTSINTRODUCTION...............................................................................................................3BRIEF COMPANY INFORMATION...................................................................................3HIGH LIGHTS OF THE YEAR INCLUDED PROVIDED BY RYANAIR ANNUALREPORT OF 2015 YEAR:.................................................................................................3Examination of historical data using ratio analysis tools..................................................4Performance:current commercial issues facing Ryanair ..................................................5identify both the short and long run factors that affect the cost structure of Ryanair........5SUMMARY.........................................................................................................................6REFERENCES..................................................................................................................7
Assignment on Annual Report Ryanair_2
INTRODUCTIONThe purpose of this report is to give a good overview on the Ryanair's financialstatements. It demonstrate an accurate understanding of the concepts and terminology of the keyfinancial statements. The annual reports used here are helpful source to achieve the objectives ofthe research. BRIEF COMPANY INFORMATIONRyan air is is the biggest low budget/cost offering airline in Europe, based in Ireland.The Company operates more than 1,800 daily flights at 78 bases, connecting 200 destinations in31 countries on a fleet of over 300 Boeing 737 aircraft. The plan is to buy further 380 newBoeing 737 aircraft, which will enable them to offer lower fares. In this way the traffic will growfrom 105m this year to 180m p.a. in FY24. Ryan air has a team of more than 10,000 highlyskilled aviation professionals delivering Europe’s No.1 on-time performance, and has an industryleading 30-year safety record”. ( corporate.ryanair.com 2015)HIGH LIGHTS OF THE YEAR INCLUDED PROVIDED BY RYANAIRANNUAL REPORT OF 2015 YEAR:There is an 11% increase in traffic air because the load factor has increased from 83% to88%.Company has opened 8 new bases and 143 new routesThe 200 Boeing 737-Max-20’s requested for delivery from 2019 to 2023Rynair has also issued two new Eurobonds with a increasing value of 1.7bn Company has paid special dividend in February 2015 and also paid 400 million for shareprogram. In order to review the financial statements there is a need to understand the following termsto be able to forecast the strength and weaknesses of the business.ProfitAccording to the Investor.Ryaniar ‘s reports in 2015 year there was a 66% increase inprofit,from €523m in FY2014 to €867m this year, a 11 % increase in customers, a 5% pointincrease in load factors to 88% . A strong cost discipline maintained in the business has led tosuccesful financialperformance. The industry leading punctuality and the low prices are the3
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