Summary
- Underlying Loss Before Tax: $646 million
- Non-cash fleet writedown post-structural review: $2.6 billion
- Statutory Loss After Tax: $2.8 billion
- Underlying fuel costs: $4.5 billion, up $253 million
- Qantas Transformation benefits: $440 million
- Operating cash flow: $1.1 billion
- Group comparable unit costs down 3 per cent
- Liquidity: $3.6 billion
- Underlying Profit Before Tax expected in first half FY15
- No final dividend
“There is no doubt today’s numbers are confronting, but they represent the year that is past,” Mr Joyce said.
Keep an eye on the share price today...
Source:
Qantas Group Financial Result