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FIVE-YEAR
FINANCIAL HIGHLIGHTS
2013
2014
2015
2016
2017
1
Restated
INCOME STATEMENT (RMMillion)
Revenue
5,112
5,416
6,298
6,846
9,710
Net total expenses
4,249
4,590
4,702
4,780
7,549
Operating profit
863
826
1,596
2,066
2,161
Profit before taxation
361
23
215
1,705
2,088
Taxation
1
60
326
-86
-516
Net Profit
362
83
541
1,619
1,571
BALANCE SHEET (RMMillion)
Deposits, cash and bank balances
1,380
1,338
2,427
1,742
1,882
Total assets
17,856
20,664
21,316
21,986
21,674
Net debt (Total debt - Total Cash)
8,790
11,390
10,186
8,838
7,426
Shareholders’ equity
5,001
4,555
4,451
6,628
6,710
CASH FLOWSTATEMENTS (RMMillion)
Cash flow from operating activities
961
302
2,204
2,167
1,914
Cash flow from investing activities
-2,346
-2,154
-103
-642
-1,345
Cash flow from financing activities
509
1,779
-1,303
-2,433
-478
Net Cash Flow
-876
-73
798
-908
91
FINANCIAL PERFORMANCE (%)
Return on total assets
2
0.4
2.5
7.4
7.3
Return on shareholders’ equity
7.2
1.8
12.2
24.4
23.4
R.O.C.E. (EBIT/(Net Debt + Equity))
6.3
5.2
10.9
13.4
15.3
Operating profit margin
16.9
15.3
25.3
30.2
22.3
Net profit margin
7.1
1.5
8.6
23.6
16.2
OPERATING STATISTICS
Passengers carried
21,853,036 22,138,796 24,254,506 26,410,922 39,092,972
Capacity
27,307,980 28,073,160 30,079,666 30,282,671
44,435,006
Load factor (%)
80
79
81
87
88
RPK (million)
26,607
27,274
30,006
34,676
50,805
ASK (million)
33,401
34,590
37,408
40,086
58,311
Aircraft utilisation (hours per day)
12.1
12.3
12.4
12.4
12.6
Average fare (RM)
166
165
157
167
176
Revenue per ASK (sen)
14.08
13.36
14.2
14.19
15.13
Cost per ASK (sen)
12.85
12.76
12.21
11.27
13.13
Cost per ASK - excluding fuel (sen)
5.84
6.24
6.86
7.22
8.29
Revenue per ASK (USc)
4.44
4.07
3.6
3.43
3.53
Cost per ASK (USc)
4.05
3.89
3.1
2.72
3.07
Cost per ASK - excluding fuel (USc)
1.84
1.9
1.74
1.74
1.94
Number of stages
151,709
155,962
167,002
166,983
246,162
Average stage length (km)
1,144
1,217
1,247
1,316
1,290
Size of fleet at year end (AirAsia Berhad)
72
81
80
77
116
Size of fleet at year end (Group)
154
172
171
174
205
Number of employees at year end
6,089
6,304
6,636
7,615
12,404
Percentage revenue via internet (%)
85
84
70
72
70
RM-USD average exchange rate
3.17
3.28
3.94
4.14
4.28
NOTE:
1.
In 2017, AirAsia Berhad’s financials and key operating statistics comprise the consolidated AOCs, namely AirAsia Malaysia, AirAsia Indonesia and AirAsia
Philippines
[ ]
AirAsia Group Berhad
PERFORMANCE REVIEW
73