Note 2017 2016 Revenue: Guest Other 3,822,045 680,275 4,502,320 3,556,941 565,918 4,122,859 Operating expenses: Aircraft fuel 950,043 765,867 Salaries and benefits 935,1451 854,056 Rates and fees 644,763 617,573 Depreciation and amortization 6 403,021 350,484 Sales and marketing 384,452 356,745 Maintenance 203,227 209,226 Aircraft leasing 165,902 178,445 Other 330,014 291,024 Employee profit share Earnings from operations Non-operating income (expense): Finance income, 46,793 59,342 4,063.360 3,682,762 438,960 440,097 Finance cost Gain (loss) on foreign exchange Gain (loss) on disposal of property and equipment Gain (loss) on derivatives Earnings before income tax Income tax expense (recovery): Current Deferred 19,626 16,618 14 (53,710) (49,074) (4.877) 7,402 6,562 (3,314) (2.426) 4,504 (34.825) (23,864) 404.135 416,233 229 10 10 58,645 61,912 133,055 (12,280) 120,557 120,775 283,578 295,458 Net earnings Earnings per share: Basic Diluted 13 33 13 The accompanying notes are an integral part of the consolidated financial statements 2.44 2.42 2.46. 2.45