2004 05 interim results presentation to investors 17 february 2005 geoff dixon chief executive officer 2 highlights six months december 2003 increase decrease sales and operating revenue m 6 431 0 5 801 8 10 expenditure 759 4 200 3 ebit 671 601 11 7 net borrowing costs 70 71 1 profit before tax 530 13 after 458 357 28 earnings per share 24 19 9 total dividend 25 strategy z return the qantas group a position where it generates positive spread its cost of capital by securing competitive advantage in our major business segments markets participating profitable growth opportunities investing product customer service growing set next generation flying businesses meet specific market needs generating from non smooth profile
