You are provided with the annual report for the year ended 31st March 2021 for WIZZ AIR. Current quarters/ halves and previous years’ financial information can be found on the airline’s website. You are encouraged to access other information sources and choose one airline as far as possible compared to the benchmark. Questions to be answered: 1. Discuss the latest year’s financial results, changes from the previous year, and the financial strengths and weaknesses of WIZZ AIR, focusing on the below areas and supporting your discussion with financial ratios for WIZZ AIR and the other airline that you consider most comparable: a) Operating and pre-tax results. b) Return on capital/ investment and shareholders’ equity. c) Solvency, with an indication of how the ratios might be affected by any off-balance sheet activity d) Financing of recent investments in aircraft and other assets e) Conclusions as to the financial strengths and weaknesses of WIZZ AIR and its one-year outlook Additional required files have been uploaded, and please refer to file “MANM333 Indv Assignment” for full assignment briefing and instructions. Also, Wizz Air’s annual report and financial statements have been uploaded as well.
