5 Year Financials & Key Operating Statistics

Year Ended 31 December (RM' 000) 2014 2015 2016 2017 2018
INCOME STATEMENT
Revenue 5,416 6,298 6,846 9,710 10,638
Net total expenses 4,590 4,702 4,780 7,549 9,419
Operating profit 826 1,596 2,066 2,161 1,219
Profit before taxation 23 215 1,705 2,088 1,335
Taxation 60 326 -86 -516 360
Net profit 83 541 1,619 1,571 1,695
Deposits, cash and bank balances 1,338 2,427 1,742 1,882 3,327
Total assets 20,664 21,316 21,986 21,674 18,550
Net debt (Total debt - Total Cash) -11,390 -10,186 -8,838 -7,426 287
Shareholders' equity 4,555 4,451 6,628 6,710 6,185
Cash flow from operating activities 302 2,204 2,167 2,154 353
Cash flow from investing activities -2,154 -103 -642 -1,584 9,049
Cash flow from financing activities 1,779 -1,303 -2,433 -479 -8,087
Net Cash Flow -73 798 -908 91 1,316
Return on total assets 0.4 2.5 7.4 7.3 9.1
Return on shareholders' equity 1.8 12.2 24.4 23.4 27.4
R.O.C.E. (EBIT/(Net Debt + Equity)) 5.2 10.9 13.4 17.0 30.0
Operating profit margin 15.3 25.3 30.2 22.3 11.5
Net profit margin 1.5 8.6 23.6 16.2 16.0
Passengers carried 22,138,796 24,254,506 26,410,922 39,092,972 44,437,381
Capacity 28,073,160 30,079,666 30,282,671 44,435,006 52,536,954
Load factor (%) 79 81 87 88 85
RPK (million) 27,274 30,006 34,676 50,805 55,962
ASK (million) 34,590 37,408 40,086 58,311 66,261
Aircraft utilisation (hours per day) 12.3 12.4 12.4 12.6 13.3
Average fare (RM) 165 157 167 176 173
Revenue per ASK (sen) 13.36 14.20 14.19 15.13 14.71
Cost per ASK (sen) 12.76 12.21 11.27 13.13 14.80
Cost per ASK - excluding fuel (sen) 6.24 6.86 7.22 8.29 8.90
Revenue per ASK (USc) 4.07 3.60 3.43 3.53 3.64
Cost per ASK (USc) 3.89 3.10 2.72 3.07 3.67
Cost per ASK - excluding fuel (USc) 1.90 1.74 1.74 1.94 2.20
Number of stages 155,962 167,002 166,983 246,162 290,461
Average stage length (km) 1,217 1,247 1,316 1,290 1,253
Size of fleet at year end (Malaysia) 81 80 77 116 141
Size of fleet at year end (Group) 172 171 174 205 226
Number of employees at year end 6,304 6,636 7,615 12,404 18,122
Percentage revenue via internet (%) 84 70 72 70 76
RM-USD average exchange rate 3.28 3.94 4.14 4.28 4.04
On time performance (%) 83 80 76 73 78
Fuel consumed ('000) (barrels) 5,630 6,267 6,491 9,855 11,242
Average fuel price (USD per barrel) 122 81 58 67 89

Note:

  1. Since 1 January 2017, AirAsia Group Berhad includes the consolidated AOCs: Malaysia, Indonesia and Philippines units. PT Indonesia AirAsia and AirAsia Inc. Group of Companies (Philippines) results have been consolidated with AirAsia Berhad for financial reporting purposes in accordance with MFRS 10.
  2. RASK and CASK for years 2013 to 2017 as stated above have been restated to exclude the contribution from aircraft leasing business which has grown significantly over the years. The change was made to better reflect the operational performance of the Company, as the performance of the aircraft leasing business does not closely correlate to the movement in ASK.