Slide 1: Facsimile Message
FACSMILE MESSAGE FLIGHT CENTRE LIMITED ACN 003 377 188 12™ FLOOR, 157 ANN STREET, BRISBANE, QLD. 4000 PHONE (07) 3011 7220. FAX (07) 3229 8029 DATE: 2& Avge st aos TO: ASX FAX NUMBER: 1907 999 239 FOR THE ATTENTION OF: COMPANY ANNOUNCEMENTS OFFICE FLIGHT CENTRE CONTACT: John Whateley SUBJECT: Analys
Slide 2: Full Year Summary June 2003
. FitenY THght centve timited compaay profthr CENTRE por FLIGHT CENTRE LIMITED Full Year Summary June 2003 2003 ata Glance... ight centre limited company profite exierar ebMraey Continued growth during a period of turmoil + 13% profit growth in the year + A good year given the circumstances, but bel
Slide 3: Growing Globally / Key Financial Results
Growing Globally Fiiai't flight centro limited company profile CENTRE Country Shops and 2003 2003 Businesses # Growth # Growth % Australia 729 142 24% New Zealand 143 26 22% South Africa aii aL 39% Fc UK 95 23 32% Britannic 42 42 100% USA 18 4 29% Canada East 64 13 25% Canada West 56 6 12% Other 5 1
Slide 4: Key Operating Results
Key Operating Results Hight centre limited company profit, Full Year to June 2003 Fusutr CENTRE anreo Country Revenue Revenue Asm Growth % Australia 4215 19% New Zealand 63.5 41% South Africa 35.8 3da%. FO UK 53.7 3a% Britannic (UK) 43.3 100% USA 7.4 (3%) East Canada 24.3 15% West Canada 18.2 17% Ot
Slide 5: 2003 Operating Highlights
2003 Operating Highlights FLT High! guctve limited company prafite Australia CENTRE « Fiight Centre Brand (FCB) largest global profit contributor results in line with last year * FCB had solid profit increases in Qld, NSW and WA but down in Vic, Tas and SA = Overall Corporate was up on last year, ma
Slide 6: 2003 Operating Highlights
2003 Operating Highlights FRIGHT light centre limited company peony United Kingdom CENTRE Poor performance due to SARS, Iraq and expansion Higher provision for doubtful debts impacted results 32% growth in FC UK with 23 new shops and businesses in 2003. Britannic acquisition added an additional 42 s
Slide 7: 2003 Operating Highlights
2003 Operating Highlights FuSHT hight centee limited company proftie U SA GENTRE Saas + Results exceeded expectations, particularly in retail + Opened 3 retail and 1 wholesale shop during the year + New leader appointed in 3™ quarter - Corporate profitable for the year « Chicago now under direction
Slide 8: 2003 Financial Update / Acquisitions
2003 Financial Update Hight seatro limited company prosite CENTRE * Change in revenue recognition disclosure * Greater focus and resources in risk management * Continuation of Flight Centre employee option plan 12 Acquisitions d FudgHtT Hight c@atra limited compan; profite SENTRE « Britannic (UK) -
Slide 9: Potential Risks / Flight Centre Brands
Potential Risks tlight caoten Limited company profile + Cammissioniess airlines FiuGcHT CENTRE Cire + Lack of competition in Australia and profitability of airlines + Global Distribution System ~- increasing internet business Flight Centre - Brands flight sentra limited compuny profile Retail Brands
Slide 10: Share Price Performance / Looking Forward to 2004
Share Price Performance Hight ceateo limited company peasile fires Share Price | 30 +Float $0.95 *1995/96 $1.95 | 25 foo [o™ °1996/97 $3.65 VA N\ *1997/98 $2.90 | 29 #1998/99 $7.30 / *1999/00 $19.10 | 45 +2000/0L $28.00 / *2001/02 $27.25 | 49 +2002/03 $22.00 / 5 ——— Q T T T T T Float 1996 1597 19598
Slide 11: Shop/Business Growth Expectations
Shop/Business Growth Expectations thight gemtye limited company firasile FuGaHt Country June June Increase % 2004F 2003 Australia 859 729 130 18% New Zealand 173 143 30 21% South Africa 126 111 15 14% Fo uk L30 95 35 37% Britannic 47 42 5 12% USA 21 18 3 2% East Canada 72 64 a 13% West Canada 71 56
Slide 12: Questions?
FuGHT Hight caatre Limited company profile ENTR Questions? 20 Z1C/2te'd ageek | —s LOW MSTW PWLNED LHATTE GZ086ZZELT9+ GEIZT f00z'Sz°Orw