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Easyjet: Key Income Statement And Balance Sheet

Satisfactory Essays
To fully quantify the implications of BREXIT on easyJet, there is need to forecast the company’s free cash flows in the next five years. Free cash flow forecasting requires an estimation of some key Income Statement and Balance Sheet variables. As already mentioned in previous sections, the UK is the main geographic segment of easyJet, contributing to about 50% of the total revenue on average. Second on the list is Southern Europe which accounts for about 29% of the revenues on average, followed by Northern Europe at an average of about 19% and lastly Other at an average of just under 2%. For all estimates explained on the basis of the weakening pound, we acknowledge that easyJet hedges its fuel and currency exposures on a rolling basis over
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