WWW.THESIS.DISLIB.INFO
FREE ELECTRONIC LIBRARY - Online materials, documents
 
<< HOME
CONTACTS



Pages:   || 2 | 3 | 4 | 5 |   ...   | 36 |

«As filed with the United States Securities and Exchange Commission on July 26, 2016 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. ...»

-- [ Page 1 ] --

As filed with the United States Securities and Exchange Commission on July 26, 2016

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 20-F

 REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g)

OF THE SECURITIES EXCHANGE ACT OF 1934

OR

 ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended: March 31, 2016 OR  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR  SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of event requiring this shell company report:___________ For the transition period from _________ to _________ Commission file number: 000-29304 Ryanair Holdings plc (Exact name of registrant as specified in its charter) Ryanair Holdings plc (Translation of registrant’s name into English) Republic of Ireland (Jurisdiction of incorporation or organization) c/o Ryanair Limited Dublin Office Airside Business Park, Swords County Dublin, K67 NY94, Ireland (Address of principal executive offices) Please see “Item 4. Information on the Company” herein.

(Name, telephone, e-mail and/or facsimile number and address of company contact person) Securities registered or to be registered pursuant to Section 12(b) of the Act.

Title of each class Name of each exchange on which registered American Depositary Shares, each The NASDAQ Stock Market LLC representing five Ordinary Shares Ordinary Shares, par value The NASDAQ Stock Market LLC (not for trading

0.6 euro cent per share

–  –  –

Securities registered or to be registered pursuant to Section 12(g) of the Act:

None

Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act:

None Indicate the number of outstanding shares of each of the issuer’s classes of capital or common stock as of the close of the period covered by the annual report.

1,290,739,865 Ordinary Shares Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.

Yes  No  If this report is an annual or transition report, indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.

Yes  No  Note – Checking the box above will not relieve any registrant required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 from their obligations under those Sections.

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

Yes  No  Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).

Yes  No  Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated

filer. See definition of “accelerated filer and large accelerated filer” in Rule 12b-2 of the Exchange Act. (Check one):

Large accelerated filer  Accelerated filer  Non-accelerated filer  Indicate by check mark which basis of accounting the registrant has used to prepare the financial statements included

in this filing:

U.S. GAAP  International Financial Reporting Standards as issued by the International Accounting Standards Board  Other  If “Other” has been checked in response to the previous question, indicate by check mark which financial statement Item the registrant has elected to follow Item 17  Item 18  If this is an annual report, indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

Yes  No 

(APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PAST

FIVE YEARS) Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Section 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court.

Yes  No 

TABLE OF CONTENTS

–  –  –

As used herein, the term “Ryanair Holdings” refers to Ryanair Holdings plc. The term the “Company” refers to Ryanair Holdings or Ryanair Holdings together with its consolidated subsidiaries, as the context requires. The term “Ryanair” refers to Ryanair Limited, a wholly owned subsidiary of Ryanair Holdings, together with its consolidated subsidiaries, unless the context requires otherwise. The term “fiscal year” refers to the 12-month period ended on March 31 of the quoted year. The term “Ordinary Shares” refers to the outstanding par value 0.600 euro cent per share common stock of the Company. All references to “Ireland” herein are references to the Republic of Ireland. All references to the “U.K.” herein are references to the United Kingdom and all references to the “United States” or “U.S.” herein are references to the United States of America. References to “U.S. dollars,” “dollars,” “$” or “U.S.





cents” are to the currency of the United States, references to “U.K. pound sterling,” “U.K. £” and “£” are to the currency of the U.K. and references to “€,” “euro,” “euros” and “euro cent” are to the euro, the common currency of nineteen member states of the European Union (the “EU”), including Ireland. Various amounts and percentages set out in this annual report on Form 20-F have been rounded and accordingly may not total.

The Company owns or otherwise has rights to the trademark Ryanair® in certain jurisdictions. See “Item 4.

Information on the Company—Trademarks.” This report also makes reference to trade names and trademarks of companies other than the Company.

The Company publishes its annual and interim consolidated financial statements in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board (“IASB”).

Additionally, in accordance with its legal obligation to comply with the International Accounting Standards Regulation (EC 1606 (2002)), which applies throughout the EU, the consolidated financial statements of the Company must comply with International Financial Reporting Standards as adopted by the EU. Accordingly, the Company’s consolidated financial statements and the selected financial data included herein comply with International Financial Reporting Standards as issued by the IASB and also International Financial Reporting Standards as adopted by the EU, in each case as in effect for the year ended and as of March 31, 2016 (collectively referred to as “IFRS” throughout).

The Company publishes its consolidated financial statements in euro. Solely for the convenience of the reader, this report contains translations of certain euro amounts into U.S. dollars at specified rates. These translations should not be construed as representations that the converted amounts actually represent such U.S. dollar amounts or could be converted into U.S. dollars at the rates indicated or at any other rate. Unless otherwise indicated, such U.S.

dollar amounts have been translated from euro at a rate of €1.00 = $1.1390, or $1.00 = €0.8780, the official rate published by the U.S. Federal Reserve Board in its weekly “H.10” release (the “Federal Reserve Rate”) on March 31,

2016. The Federal Reserve Rate for euro on July 21, 2016 was €1.00 = $1.1016 or $1.00 = €0.9078. See “Item 3. Key Information—Exchange Rates” for information regarding historical rates of exchange relevant to the Company, and “Item 5. Operating and Financial Review and Prospects” and “Item 11. Quantitative and Qualitative Disclosures About Market Risk” for a discussion of the effects of changes in exchange rates on the Company.

iii Cautionary Statement Regarding Forward-Looking Information Except for the historical statements and discussions contained herein, statements contained in this report constitute “forward-looking statements” within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the U.S. Securities Exchange Act of 1934, as amended (the “Exchange Act”). Forward-looking statements may include words such as “expect,” “estimate,” “project,” “anticipate,” “should,” “intend,” and similar expressions or variations on such expressions. Any filing made by the Company with the U.S. Securities and Exchange Commission (the “SEC”) may include forward-looking statements.

In addition, other written or oral statements which constitute forward-looking statements have been made and may in the future be made by or on behalf of the Company, including statements concerning its future operating and financial performance, the Company’s share of new and existing markets, general industry and economic trends and the Company’s performance relative thereto and the Company’s expectations as to requirements for capital expenditures and regulatory matters. The Company’s business is to provide a low-fares airline service in Europe, and its outlook is predominately based on its interpretation of what it considers to be the key economic factors affecting that business and the European economy. Forward-looking statements with regard to the Company’s business rely on a number of assumptions concerning future events and are subject to a number of uncertainties and other factors, many of which are outside the Company’s control, that could cause actual results to differ materially from such statements. It is not reasonably possible to itemize all of the many factors and specific events that could affect the outlook and results of an airline operating in the European economy. Among the factors that are subject to change and could significantly impact Ryanair’s expected results are the airline pricing environment, fuel costs, competition from new and existing carriers, market prices for replacement aircraft and aircraft maintenance services, aircraft availability, “Brexit” (as defined below), costs associated with environmental, safety and security measures, significant outbreaks of airborne disease, terrorist attacks, actions of the Irish, U.K., EU and other governments and their respective regulatory agencies, fluctuations in currency exchange rates and interest rates, changes to the structure of the European Community and the euro, airport handling and access charges, litigation, labor relations, the economic environment of the airline industry, the general economic environment in Ireland, the U.K. and elsewhere in Europe, the general willingness of passengers to travel, and flight interruptions caused by volcanic ash emissions or other atmospheric disruptions. The Company disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

–  –  –

Ryanair operates an ultra-low fare, scheduled airline serving short-haul, point-to-point routes largely in Europe from 84 bases to airports across Europe, which together are referred to as “Ryanair’s bases.” For a list of these bases, see “Item 4. Information on the Company—Route System, Scheduling and Fares.” Ryanair pioneered the lowfares air travel model in Europe in the early 1990s. As of June 30, 2016, the Company offered over 2,000 short-haul flights per day serving over 200 airports largely across Europe, with a fleet of more than 350 Boeing 737-800 aircraft.

A detailed description of the Company’s business can be found in “Item 4. Information on the Company.”

SELECTED FINANCIAL DATA

The following tables set forth certain of the Company’s selected consolidated financial information as of and for the periods indicated. Financial information presented in euro in the table below has been derived from the consolidated financial statements that are prepared in accordance with IFRS. The financial information for fiscal 2016 has been translated from euro to US$ using the Federal Reserve Rate on March 31, 2016. This information should be read in conjunction with: (i) the audited consolidated financial statements of the Company and related notes thereto included in Item 18 and (ii) “Item 5. Operating and Financial Review and Prospects.”

Income Statement Data:

–  –  –

(a) Dollar amounts are initially measured in euro in accordance with IFRS and then translated to U.S.$ solely for convenience at the Federal Reserve Rate on March 31, 2016 of €1.00 = $1.1390 or $1.00 = €0.8780

–  –  –

The following table sets forth, for the periods indicated, certain information concerning the exchange rate between: (i) the U.S. dollar and the euro; (ii) the U.K. pound sterling and the euro; and (iii) the U.K. pound sterling and the U.S. dollar. Such rates are provided solely for the convenience of the reader and are not necessarily the rates used by the Company in the preparation of its consolidated financial statements included in Item 18. No representation is made that any of such currencies could have been, or could be, converted into any other of such currencies at such rates or at any other rate.

U.S. dollars per €1.00(a)

–  –  –

2011 1.296 1.392 — — 2012 1.319 1.291 — — 2013 1.378 1.328 — — 2014 1.210 1.330 — — 2015 1.086 1.103 — —

–  –  –

2011 0.836 0.868 — — 2012 0.811 0.811 — — 2013 0.830 0.849 — — 2014 0.776 0.806 — — 2015 0.737 0.723 — —

–  –  –



Pages:   || 2 | 3 | 4 | 5 |   ...   | 36 |


Similar works:

«Disagreement and Asset Prices∗ Bruce I. Carlin Francis A. Longstaff Kyle Matoba January 14, 2013 Abstract How do differences of opinion affect asset prices? Do investors earn a risk premium when disagreement arises in the market? Despite their fundamental importance, these questions are among the most controversial issues in finance. In this paper, we use a novel data set that allows us to directly measure the level of disagreement among Wall Street mortgage dealers about prepayment...»

«Hyder Kamran, Irfan Khurshid, Dr. Fawaz Ali & Nitin Raj Srivastav Value Creation Through Corporate Social Responsibility in Developing Countries: A Case Study of Proctor & Gamble Pakistan Hyder Kamran hyderkamran@yahoo.com Department of Administrative and Financial Sciences Oman College of Management & Technology P.O. Box 680, P.C. 320, Barka, Sultanate of Oman Irfan Khurshid irfan084@yahoo.com Department of Billing and Services Npower, Victoria Road, Staffordshire, ST4 2LW, United Kingdom Dr....»

«Illegal, Unreported and Unregulated (IUU) Fishing in tlia Final Report APRIL 2015 Illegal Unreported and Unregulated (IUU) Fishing in the Territorial Waters of Somalia APRIL 2015 Prepared by: THE UNIVERSITY OF RHODES ISLAND AND TRANSAFRICA CONSULTANCY SERVICES LLC (TACS) For: Adeso P.O. Box 70331-00400 Nairobi, Kenya Phone: + 254 710 607 378 T: +254 20 800 0881 Email: info@adesoafrica.org Disclaimer: This report has been produced with the assistance of the European Union (EU). The contents of...»

«Quantifying the Cost Reduction Potential for Earth Observation Satellites Anthony Shao1 Microcosm/USC, Hawthorne, CA, 90250 Elizabeth A. Koltz2 University of Southern California, Los Angeles, CA, 90089 James R. Wertz3 Microcosm/USC, Hawthorne, CA, 90250 In the present budget environment, there is a strong need to dramatically drive down the cost of space missions. There is the perception that SmallSats are inherently much lower cost than more traditional larger satellites and can play a central...»

«“Embracing the Challenge of the Cross!” Issue 1 Winter 2011 A message from the Bishop May the Grace & Peace of our Lord Jesus Christ abide in each of you. I am delighted to greet you during this time of progressive transition. I’ve recently made several visits within District 23. The level of commitment to and Bishop Samuel R. Moore Diocesan support of the ministry at local assemblies have left a favorable impression. It’s my observation that our pastors are inspiring congregations to...»

«THE AFRICAN COMMISSION ON HUMAN AND PEOPLES' RIGHTS INFORMATION SHEET NO.3 COMMUNICATION PROCEDURE ORGANISATION OF AFRICAN UNITY Anyone may bring a complaint to the attention of the African Commission on Human and Peoples' Rights alleging that a State party to the African Charter on Human and Peoples' Rights has violated one or more of the rights contained therein. Individuals and NGOs in Africa and beyond have over the years seized the Commission with complaints of this nature. What kinds of...»

«ASPRS Guidelines Vertical Accuracy Reporting for Lidar Data Version 1.0 Drafted May 15, 2004 Released May 24, 2004 Ownership ASPRS Lidar Committee (PAD) Editor Martin Flood Scope This document identifies the vertical accuracy reporting requirements that are recommended by the American Society for Photogrammetry and Remote Sensing (ASPRS) when analyzing elevation data generated using airborne light detection and ranging or laser radar (lidar) technology. ASPRS recommends all mapping...»

«Securing Java In Oracle Paul M. Wright – Last updated Sunday 25th February 2010 For www.oraclesecurity.com Introduction The DBMS_JVM_EXP_PERMS vulnerability How to test revocation of PUBLIC grant on DBMS_JVM_EXP_PERMS ?.3 Analysis of the generic vulnerability and long term solution.7 Conclusion References Appendix A Introduction New Oracle Java security research was published at the February 2010 Blackhat DC conference1, by David Litchfield, which shows how to escalate privilege from the...»

«                          al-Maktabah       Interview with Abū Talḥah al-Amrīkī     Conducted by Aaron Y. Zelin Interview with Abū Talḥah al-Amrīkī (1) Could you provide a brief biographical sketch? I was born in Charlottesville, Virginia. I moved to Columbia, Missouri when I was about 3 years old. I remained in Missouri until I was 10 years old when I moved Northern Virginia. I was somewhat of a goth for a brief period in middle school, but I decided it did not fit...»

«IAEA-TECDOC-1419 Treatment of liquid effluent from uranium mines and mills Report of a co-ordinated research project 1996–2000 October 2004 IAEA-TECDOC-1419 Treatment of liquid effluent from uranium mines and mills Report of a co-ordinated research project 1996–2000 October 2004 The originating Section of this publication in the IAEA was: Nuclear Fuel Cycle and Materials Section International Atomic Energy Agency Wagramer Strasse 5 P.O. Box 100 A-1400 Vienna, Austria TREATMENT OF LIQUID...»

«FOR STUDENTS ADMITTED FROM 2010 -2011 MATHEMATICS I & II (B.E. FIRST YEAR COMMON FOR ALL BRANCHES) (For students admitted from 2010-11) UNIT I (SOLID GEOMETRY) Equation of a plane – Equation of a St. line – conditions for a line to lie in a plane – Conditions for the two lines to intersect – S.D. between two lines – intersection of three planes – sphere – equation of the tangent plane – cone cylinder – right circular cylinder surfaces of revolution. UNIT II (MATRIX THEORY)...»

«TABLE OF CONTENTS Guest Editorial—Building Tomorrow While Enabling Today Brigadier-General Alain Tremblay, OMM, CD Editorial—War and Remembrance Major Andrew B. Godefroy, CD, PhD Honours and Awards Forging Land Forces for the Army of Tomorrow: The Battle Group 2021 Study Major Alex Ruff MSC, CD and Major Andrew B. Godefroy CD, PhD Unethical Leadership and Its Relation to Post Traumatic Stress Disorder Major Ross Cossar Sustainment Intelligence in Afghanistan Major D.P. Matsalla A Short...»





 
<<  HOME   |    CONTACTS
2017 www.thesis.dislib.info - Online materials, documents

Materials of this site are available for review, all rights belong to their respective owners.
If you do not agree with the fact that your material is placed on this site, please, email us, we will within 1-2 business days delete him.