Five-year financial highlights

(RM million, unless otherwise stated)

For the year
ended 31 December

  2009 2010 2011 2012 2013
INCOME STATEMENT          
Revenue 3,133 3,948 4,495 4,946 5,112
Net total expenses 2,220 2,881 3,332 3,919 4,101
EBIT 913 1,067 1,163 1,027 1,011
Share of results of jointly-controlled entities - - 12 (3) 14
Share of results of associates - - (6) 1 42
Profit before taxation 622 1,099 777 963 361
Taxation (116) (38) (222) (173) 1
Net profit 506 1,061 555 790 362
BALANCE SHEET          
Deposits, cash and bank balances 746 1,505 2,105 2,233 1,380
Total assets 11,398 13,240 13,906 15,729 17,856
Net debt (Total debt - Total Cash) 6,862 6,352 5,676 6,177 8,790
Shareholders' equity 2,621 3,641 4,036 4,860 5,001
CASH FLOW STATEMENTS          
Cash flow from operating activities 784 1,619 1,404 1,324 961
Cash flow from investing activities (1,777) (1,868) (487) (1,905) (2,518)
Cash flow from financing activities 1,591 1,006 (300) 733 508
Net Cash Flow 598 757 617 152 (1049)
FINANCIAL PERFORMANCE (%)          
Return on total assets 4.4 8.0 4.0 5.0 2.0
Return on shareholders' equity 19.3 29.1 13.8 16.3 7.2
R.O.C.E. (EBIT/(Net Debt + Equity)) 9.6 10.7 12.0 9.3 7.3
EBIT Profit Margin 29.1 27.0 25.9 20.8 19.8
Net profit margin 16.2 26.9 12.3 16.0 7.1
OPERATING STATISTICS          
Passengers carried 14,253,244 16,054,738 17,986,558 19,678,576 21,853,036
Capacity 19,016,280 20,616,120 22,474,620 24,751,800 27,307,980
Load factor (%) 75 78 80 80 80
RPK (million) 16,890 18,499 21,037 22,731 25,333
ASK (million) 22,159 24,362 26,074 28,379 31,582
Aircraft utilisation (hours per day) 12.0 12.2 12.3 12.3 12.1
 
Average fare (RM) 168 177 176 184 166
Revenue per ASK (sen) 12.7 16.2 17.2 17.4 16.2
Cost per ASK (sen) 8.6 11.8 12.8 13.8 13.0
Cost per ASK - excluding fuel (sen) 4.4 6.9 6.0 7.6 7.4
 
Revenue per ASK (USc) 3.63 5.03 5.63 5.66 5.11
Cost per ASK (USc) 2.95 3.67 4.18 4.48 4.10
Cost per ASK - excluding fuel (USc) 1.74 2.13 1.97 2.47 2.34
 
Number of stages 105,646 114,534 124,853 137,510 151,709
Average stage length (km) 1,166 1,184 1,162 1,148 1,144
Size of fleet at year end (Malaysia) 48 53 57 64 72
Size of fleet at year end (Group) 84 90 97 118 143
Number of employees at year end 4,593 4,702 5,137 5,644 6,089
Percentage revenue via internet (%) 76 77 78 79 85
RM-USD average exchange rate 3.52 3.22 3.06 3.08 3.17

 

Note: Applicable USD/MYR rates are based on average for the respective financial periods.