AAV

|

6.10

+0.05 (+0.83%)

25/05/2017 (16:39)
Financial Highlight
Year Q1/2017
(Baht million) 2012 2013 2014 2015 2016
INCOME STATEMENT
Revenues 16,103.0 23,485.0 25,355.5 29,507.3 32,400.6 9,150.2
Cost of sales (14,018.2) (19,928.4) (23,707.7) (25,315.1) (26,687.8) (7,569.2)
Gross profit 2,084.7 3,556.7 1,647.9 4,192.2 5,712.8 1,581.0
Other income (incl. net gain on exchange rates) 453.1 928.8 919.8 956.3 729.7 395.4
Profit before expenses 17,214.5 4,485.5 2,567.6 5,148.5 6,442.5 1,976.4
Selling and administrative expenses (884.7) (1,755.7) (1,924.9) (2,377.4) (2,636.1) (747.2)
Net loss on exchange rates - - - (204.8) (79.5) -
Profit before finance costs and income tax (EBIT) 16,329.7 2,729.8 642.8 2,566.4 3,727.0 1,229.2
Finance costs (17.4) (171.0) (312.8) (457.1) (520.9) (158.5)
Income tax (435.5) (651.2) 1.3 (151.1) 191.5 (36.0)
Net profit 15,876.8 1,907.7 331.3 1,958.3 3,397.6 1,034.8
Non-controlling interests 363.9 864.9 148.1 879.8 1,528.1 464.5
Net profit attributable to owners of the parent 15,512.9 1,042.8 183.2 1,078.5 1,869.5 570.3
Earnings per share (Baht) 3.1985 0.2150 0.0378 0.2224 0.3855 0.1176
BALANCE SHEET
Cash and cash equivalents 3,852.8 1,958.6 4,789.1 6,122.8 4,661.4 5,133.8
Total current assets 7,149.0 7,816.8 7,492.5 8,829.2 8,759.6 9,388.8
Total non-current assets 27,460.3 37,118.4 42,009.3 43,997.3 47,839.8 49,179.0
Total assets 34,609.4 44,935.3 49,501.8 52,826.5 56,599.4 58,567.8
Total debt* 1,920.3 8,160.8 12,077.0 14,036.8 15,455.2 16,175.5
Net debt (Total debt - Total Cash) (1,932.6) 6,202.2 7,287.9 7,914.0 10,793.9 11,041.7
Total current liabilities 4,962.5 10,988.4 7,864.8 8,296.5 9,270.1 9,411.9
Total liabilities 9,891.6 18,260.0 22,485.9 24,743.3 26,479.2 27,412.8
Equity attributable to owners of the parent 18,259.1 19,345.9 19,534.2 20,142.4 21,270.5 21,840.8
Total equity 24,717.8 26,675.3 27,015.9 28,083.2 30,120.2 31,155.0
* Total debt = borrowings from financial institutions + finance lease liabilities
CASH FLOW STATEMENT
Net cash generated from (used in) operating activities 2,643.0 3,692.4 1,849.0 4,073.7 4,381.6 1,459.5
Net cash generated from (used in) investing activities (1,830.4) (5,237.7) 2,025.4 (183.6) (2,785.6) (339.1)
Net cash generated from (used in) financing activities 2,296.0 (436.2) (1,030.8) (2,529.1) (3,098.1) (593.9)
Net increase (decrease) in cash and cash equivalents 3,108.7 (1,981.5) 2,843.6 1,361.0 (1,502.1) 526.5
FINANCIAL PERFORMANCE (%)
Return on total assets 84.0% 2.6% 0.4% 2.1% 3.4% 2.5%
Return on equity 169.0% 5.5% 0.9% 5.4% 9.0% 6.7%
EBIT margin 101.4% 11.6% 2.5% 8.7% 11.5% 13.4%
Net profit margin 96.3% 4.4% 0.7% 3.7% 5.8% 6.2%
OPERATING STATISTICS
Passengers carried (million) 8.3 10.5 12.2 14.8 17.2 5.0
Capacity (million seats) 10.1 12.6 15.3 18.2 20.5 5.4
Load factor (%) 82% 83% 80% 81% 84% 89%
RPK (million) 8,618 10,829 12,420 14,872 17,285 4,749
ASK (million) 10,499 12,951 15,419 18,116 20,629 5,327
Aircraft utilisation (hours per day) 11.5 11.7 10.9 11.5 11.7 11.9
Average fare (Baht) - including fuel surcharge 1977 1,885 1,726 1,667 1,565 1,569
Revenue per ASK (Baht) 1.84 1.81 1.64 1.63 1.57 1.72
Cost per ASK (Baht) 1.69 1.67 1.66 1.53 1.42 1.56
Cost per ASK - excluding fuel (Baht) 0.94 0.95 0.93 0.98 1.02 1.08
Number of stages 56,067 70,149 85,074 101,231 113,776 30,109
Average stage length (km) 1,040 1,026 1,008 995 1,007 983
Size of fleet at year end 27 35 40 45 51 53