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Investor Presentaiton

FINANCIAL PERFORMANCE HY23 HY22 Change £m £m Passenger revenue Ancillary revenue Holidays revenue² Group revenue 1,749 985 78% 767 459 67% 173 54 220% 2,689 1,498 80% Headline costs: Airline EBITDAR costs ex fuel (1,824) (1,287) (42)% Fuel (773) (362) (114)% Holidays EBITDAR costs² (161) (57) (183)% Group headline EBITDAR (69) (208) 67% Airline depreciation, amortisation & dry leasing costs (321) (276) (16)% Holidays depreciation & amortisation² (2) (2) Group headline EBIT (392) (486) 19% Group interest & other finance charges & income (46) (61) 25% Group balance sheet revaluations Group headline loss before tax Non-headline items. Group loss before tax 1) Favourable/(adverse) 2) Holidays numbers include elimination of intercompany airline transactions 27 2 1,250% (411) (545) 25% (4) (12) 67% (415) (557) 25% HY 2023 RESULTS 5
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