AAV

|

5.80

+0.05 (+0.87%)

19/01/2018 (16:38)
Financial Highlight
Year Q1/2017 1H2017 9M2017
(Baht million) 2014 2015 2016
INCOME STATEMENT
Revenues 25,355.5 29,507.3 32,400.6 9,150.2 17,485.9 26,220.4
Cost of sales (23,707.7) (25,315.1) (26,687.8) (7,569.2) (15,034.9) (22,772.4)
Gross profit 1,647.9 4,192.2 5,712.8 1,581.0 2,451.0 3,448.0
Other income
(incl. net gain on exchange rates)
919.8 956.3 729.7 395.4 648.1 3,694.0
Profit before expenses 2,567.6 5,148.5 6,442.5 1,976.4 3,099.1 6,024.7
Selling and administrative expenses (1,924.9) (2,377.4) (2,636.1) (747.2) (1,447.0) (2,158.3)
Net loss on exchange rates - (204.8) (79.5) - - -
Profit before finance costs and income tax (EBIT) 642.8 2,566.4 3,727.0 1,229.2 1,652.1 3,866.5
Finance costs (312.8) (457.1) (520.9) (158.5) (330.2) (479.0)
Income taxes 1.3 (151.1) 191.5 (36.0) 19.3 27.3
Net profit 331.3 1,958.3 3,397.6 1,034.8 1,344.4 1,817.8
Non-controlling interests 148.1 879.8 1,528.1 464.5 603.4 815.9
Net profit attributable to owners of the parent 183.2 1,078.5 1,869.5 570.3 741.0 1,001.9
Earnings per share (Baht) 0.0378 0.2224 0.3855 0.1176 0.1528 0.2066
BALANCE SHEET
Cash and cash equivalents 4,789.1 6,122.8 4,661.4 5,133.8 5,208.7 5,540.1
Total current assets 7,492.5 8,829.2 8,759.6 9,388.8 8,497.3 9,122.4
Total non-current assets 42,009.3 43,997.3 47,839.8 49,179.0 50,991.0 50,862.6
Total assets 49,501.8 52,826.5 56,599.4 58,567.8 59,488.3 59,985.1
Total debt* 12,077.0 14,036.8 15,455.2 16,175.5 17,428.9 16,857.0
Net debt (Total debt - Total cash) 7,287.9 7,914.0 10,793.9 11,041.7 12,220.2 11,316.9
Total current liabilities 7,864.8 8,296.5 9,270.1 9,411.9 8,620.9 9,212.8
Total liabilities 22,485.9 24,743.3 26,479.2 27,412.8 28,023.6 28,047.0
Equity attributable to owners of the parent 19,534.2 20,142.4 21,270.5 21,840.8 22,011.5 22,272.4
Total equity 27,015.9 28,083.2 30,120.2 31,155.0 31,464.7 31,938.0
* Total debt = borrowings from financial institutions + finance lease liabilities
CASH FLOW STATEMENT
Net cash generated from (used in) operating activities 1,849.0 4,073.7 4,381.6 1,459.5 1,989.0 3,197.3
Net cash generated from (used in) investing activities 2,025.4 (183.6) (2,785.6) (339.1) (595.6) (919.9)
Net cash generated from (used in) financing activities (1,030.8) (2,529.1) (3,098.1) (593.9) (786.0) (1,355.4)
Net increase (decrease) in cash and cash equivalents 2,843.6 1,361.0 (1,502.1) 526.5 607.4 921.9
FINANCIAL PERFORMANCE (%)
Return on total assets 0.4% 2.1% 3.4% 2.5% 2.1% 1.8%
Return on equity 0.9% 5.4% 9.0% 6.7% 5.4% 4.7%
EBIT margin 2.5% 8.7% 11.5% 13.4% 9.4% 14.7%
Net profit margin 0.7% 3.7% 5.8% 6.2% 4.2% 3.8%
OPERATING STATISTICS
Passengers carried (million) 12.2 14.8 17.2 5.0 9.5 14.5
Capacity (million seats) 15.3 18.2 20.5 5.4 10.9 16.7
Load factor (%) 80% 81% 84% 89% 88% 87%
RPK (million) 12,420 14,872 17,285 4,749 9,379 14,269
ASK (million) 15,419 18,116 20,629 5,327 10,700 16,407
Aircraft utilisation (hours per day) 10.9 11.5 11.7 11.9 11.6 12.0
Average fare (Baht) - including fuel surcharge 1,726 1,667 1,565 1,569 1,523 1,502
Revenue per ASK (Baht) 1.64 1.63 1.57 1.72 1.63 1.60
Cost per ASK (Baht) 1.66 1.53 1.42 1.56 1.54 1.52
Cost per ASK - excluding fuel (Baht) 0.93 0.98 1.02 1.08 1.06 1.05
Number of stages 85,074 101,231 113,776 30,109 60,424 92,572
Average stage length (km) 1,008 995 1,007 983 984 984
Size of fleet at year end 40 45 51 53 54 54