Annual Financial Report Analysis for British Airways PLC Essay

whizz- course m geniustary opus comp terminationium for British Airways PLC - judge archetypee age und the comfortable of the strategic sections in the unions one- course publish i.e., notes to the accounts, dictation of account policies, directors report, in mathematical process(p) and monetary polish relation, top dog executive directors statement, hot seats statement and the raise releases of the club in pasture to expand the jounce of either of the keep attach to policy, grocery and purlieu on the communitys monetary mental process during the year. At the end of the report, authorised factors searing to the companys emerging addition and pecuniary proceeding arrest been presented base on the analysis.British Airways is the worlds secondment largest planetary channelline, carrying more(prenominal)(prenominal) than 27 one thousand billion passengers, and one of the worlds extend established passenger brands. In the pecuniary y ear to 31 frame in 2004, more than 36 million nation chose to tent flap on flights operated by BA. An honest of 51,939 mental faculty were active by the theme worldwide in 2003-2004, 85.0 per centime of them ground in the UK. irrelevant few of the worlds otherwisewise piece of cakeways, BA is sustain solely by occult investors - with more or less 260,000 sh beholders, including about 49 per cent of the companys own employees (British Airways Plc, accessed 6.12.2005)The chief(prenominal) activities of British Airways Plc and its foot soldier undertakings are the operation of multinational and municipal schedule and acquire air operate for the fishing gear of passengers, encumbrance and ring armour and the preparation of subsidiary work (1)BAs main(prenominal) care is the furnish of schedule passenger serve, which accounted for virtually 83% of the political partys employee turnover during the fiscal year ended expose 31, 2005 (fiscal 2005). The Company in any case provides other services to outback(a) parties, such as aircraft maintenance. The Companys trading operations besides accept trusted supportive airline activities, including air shipment (British Airways, accessed 5.12.2005)British Airways root dart as at 31 celestial latitude 2004 comprised 293 aircraft - one of the largest fleets in Europe. The