AAV

|

6.50

+0.05 (+0.78%)

20/01/2017 (16:37)
Financial Highlight
Year 9M2016
(Baht million) 2013 2014 2015
INCOME STATEMENT
Revenues 23,485.0 25,355.5 29,507.3 24,853.8
Cost of sales (19,928.4) (23,707.7) (25,315.1) (19,966.9)
Gross profit 3,556.7 1,647.9 4,192.2 4,886.9
Other income (incl. net gain on exchange rates) 928.8 919.8 956.3 641.7
Profit before expenses 4,485.5 2,567.6 5,148.5 5,528.6
Selling and administrative expenses (1,755.7) (1,924.9) (2,377.4) (1,934.8)
Net loss on exchange rates - - (204.8) -
Profit before finance costs and income tax (EBIT) 2,729.8 642.8 2,566.4 3,593.8
Finance costs (171.0) (312.8) (457.1) (396.2)
Income tax (651.2) 1.3 (151.1) 124.6
Net profit 1,907.7 331.3 1,958.3 3,322.2
Non-controlling interests 864.9 148.1 879.8 1,494.0
Net profit attributable to owners of the parent 1,042.8 183.2 1,078.5 1,828.2
Earnings per share (Baht) 0.2150 0.0378 0.2224 0.3770
BALANCE SHEET
Cash and cash equivalents 1,958.6 4,789.1 6,122.8 6,285.2
Total current assets 7,816.8 7,492.5 8,829.2 9,852.6
Total non-current assets 37,118.4 42,009.3 43,997.3 44,772.9
Total assets 44,935.3 49,501.8 52,826.5 54,625.5
Total debt* 8,160.8 12,077.0 14,036.8 12,947.1
Net debt (Total debt - Total Cash) 6,202.2 7,287.9 7,914.0 6,661.9
Total current liabilities 10,988.4 7,864.8 8,296.5 8,196.6
Total liabilities 18,260.0 22,485.9 24,743.3 23,220.1
Total shareholders' equity - owners of the parents 19,345.9 19,534.2 20,142.4 21,970.6
Total shareholders' equity 26,675.3 27,015.9 28,083.2 31,405.4
* Total debt = borrowings from financial institutions + finance lease liabilities
CASH FLOW STATEMENT
Net cash flow generated from (used in) operating activities 3,692.4 1,849.0 3,007.3 3,400.9
Net cash flow generated from (used in) investing activities (5,237.7) 2,025.4 882.8 (1,968.2)
Net cash flow generated from (used in) financing activities (436.2) (1,030.8) (2,529.1) (1,224.8)
Net Cash Flow (1,981.5) 2,843.6 1,361.0 207.9
FINANCIAL PERFORMANCE (%)
Return on total assets 2.6% 0.4% 2.1% 4.0%
Return on shareholders’ equity 5.5% 0.9% 5.4% 10.1%
EBIT margin 11.6% 2.5% 8.7% 14.5%
Net profit margin 4.4% 0.7% 3.7% 7.4%
OPERATING STATISTICS
Passengers carried (million) 10.5 12.2 14.8 12.9
Capacity (million seats) 12.6 15.3 18.2 15.1
Load factor (%) 83% 80% 81% 85%
RPK (million) 10,829 12,420 14,872 13,082
ASK (million) 12,951 15,419 18,116 15,421
Aircraft utilisation (hours per day) 11.7 10.9 11.5 11.8
Average fare (Baht) - including fuel surcharge 1,885 1,726 1,667 1,616
Revenue per ASK (Baht) 1.81 1.64 1.63 1.61
Cost per ASK (Baht) 1.67 1.66 1.53 1.42
Cost per ASK - excluding fuel (Baht) 0.95 0.93 0.98 1.02
Number of stages 70,149 85,074 101,231 84,056
Average stage length (km) 1,026 1,008 995 1,019
Size of fleet at year end 35 40 45 49