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Old 12th Nov 2013, 15:47
  #3299 (permalink)  
Tonyq
 
Join Date: Sep 2007
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If you read the notes to the accounts, you will see that it is operating profit, excluding exceptional items, such as restructuring costs, US$ loan revaluations etc. The cash from the slot sales won't be in the accounts until the deal is concluded next March, although I think easyJet paid around £7m as a deposit in the period covered by these accounts.
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