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What would you say about the firms performance in 2019? Estimations of EVA (S MILLIONS) December 2016 December 2017 $288 December 2018 December 2019 Average

What would you say about the firms performance in 2019?

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Estimations of EVA (S MILLIONS) December 2016 December 2017 $288 December 2018 December 2019 Average 2016-2018 $289 SW Airline 2019 NOPAT $253 $326 $458 $247 $856 Operating Assets Non-Interest Bearing Liab. INVESTED CAPITAL $1,488 $269 $1,602 $301 $1,301 $1,854 $318 $2,344 $480 $1,648 $296 $102 $754 $1,219 $1,536 $1,864 $1,352 $ Cost of Capital* $82 $88 $103 $125 $91 $39 EVAS $171 $200 $223 $333 $198 $208 21.22% ROIC WACC) Spread 20.75% 6.00% 14.75% 22.14% 6.00% 16.14% 6.00% 15.22% 24.57% 6.00% 18.57% 21.37% 6.00% 15.37% 32.76% 7.00% 25.76%

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