IntroductionWebjet Limited is a leading New Zealand and Australian travel agency providing various online services to customers. Services provided by Webjet include ➢ flight booking (domestic and international) ➢ hotel accommodation (domestic and international) ➢ vacation package deals. (Both national and international) ➢ Car rental service offering taxi (worldwide). ➢ Travel insurance for customers and passengers traveling. The founders of Webjet Limited are David Clarke, John Lemis and Allan Nahum. The company's head office is located in Melbourne, Australia. The company was founded in 1988 and was listed on the Australian Stock Exchange in 2000 through a reverse takeover deal with New Zealand's Roper River Resources. Between 2007 and 2010, Webjet.com was ranked as the most visited website by HITWISE TRAVEL AGENCIES. One of Webjet Limited's main competitors in recent years is Wotif.com, an Australia-based website providing online services to customers similar to the services rendered by Webjet. Wotif.com's head office is located in Milton, Queensland. Overview of Company Operations for the financial year ended 2013 Webjet Limited and Wotif Limited are engaged in the same line of business. The main areas of comparison will come from the financial statements of both companies for the years 2012 and 2013. For the year 2013, Webjet Limited posted a net profit before tax of $11.40 million compared to last year's profit . $19.30 million. Furthermore, the company's net profit after tax is $6.5 million in 2013, compared to $13.6 million in the previous year 2012. Despite the drop in profit, the...... middle from the paper...... sed 2014).Wikipedia. WebJet. https://www.google.co.in/url?sa=t&rct=j&q=&esrc=s&source=web&cd=5&cad=rja&uact=8&ved=0CFgQFjAE&url=http%3A%2F%2Fen.wikipedia.org%2Fwiki%2FWebjet&ei= Tt18U4PiGMjorAe_oIHwDg&usg=AFQjCNFBDyXiaoYUGtANETzuBogZiWjgyw&sig2=sudMwWYkFQXtTaJVWdOPnw&bvm=bv.67229260,d (accessed 2014).—. WotIf. https://www.google.co.in/url?sa=t&rct=j&q=&esrc=s&source=web&cd=11&cad=rja&uact=8&ved=0CG4QFjAK&url=http%3A%2F%2Fen.wikipedia.org%2Fwiki%2FWotif. com&ei=at58U7CGIsj4rQejpoGQCA&usg=AFQjCNHbs7sSCk4XEUDKnWiFxYkGSK0ivA&sig2=tBKaTXQqcP_xJ7buFeCi3Q&bvm=bv.672292 (accessed 2014).Wotif. Wotif.com. https://www.google.co.in/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&ved=0CDwQFjAA&url=http%3A%2F%2Fwww.wotif.com%2F%3Fcountry% 3DIN&ei=at58U7CGIsj4rQejpoGQCA&usg=AFQjCNEsxfnwYLisEMI2fJwRsUpUyW3TXA&sig2=tRyVBs1eIaIUFKtz72HaKw&bvm=bv.67229260,d. (accessed 2014).