record profit for the year ended 30 june 08

QANTAS ANNOUNCES
RECORD PROFIT FOR THE YEAR ENDED 30 JUNE 2008
HIGHLIGHTS
􀂃 Record profit before tax of $1,408 million
􀂃 Net profit after tax of $970 million
􀂃 Revenue of $16.2 billion
􀂃 Earnings per share of 50.2 cents
􀂃 Operating cashflow of $2.1 billion
􀂃 Final fully franked ordinary dividend of 17 cents per share
SYDNEY, 21 August 2008: Qantas today announced a record profit before tax of $1,408 million
for the full year ended 30 June 2008, a 46 per cent increase on the prior year results.
The Board declared a final fully franked ordinary dividend of 17 cents per share, taking the full year
ordinary dividend to 35 cents per share, which represents a dividend payout of approximately 70
per cent.
The Chairman of Qantas, Mr Leigh Clifford, said following an excellent performance across all
segments for the first three quarters, the business was starting to see the effects of a slowing
economy and rising fuel prices.
“We have benefited from a strong revenue environment, which was supported by major
investments in customer service and product. The result was further underpinned by sustained
efforts to improve efficiency,” he said.
“Our results were also due to the hard work and commitment of our employees and I thank them
for the contribution they made to the company’s success.
“In recognition of this contribution, the Board has approved the awarding of $1,000 worth of shares
and a cash bonus of $1,000 to all eligible staff.”