Air Canada 2007 Annual Report Download - page 45

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Management’s Discussion and Analysis of Results and Financial Condition
45
9. SELECTED ANNUAL INFORMATION
The following table provides selected annual consolidated information for the Corporation for the years 2005 through to
2007. The selected annual consolidated information for 2007 only includes the operations of Jazz up to May 24, 2007. As a
result, Air Canada’s consolidated results for 2007 are not directly comparable to its consolidated results for 2005 and 2006
which included full-year consolidation of Jazz.
Consolidated total Year 2007 Year 2006 Year 2005
Operating revenues $ 10,599 $ 10,167 $ 9,458
Special charge for Aeroplan miles (1) - (102 ) -
Operating revenues $ 10,599 $ 10,065 $ 9,458
Operating expenses (2) (10,104 ) (9,806 ) (9,140 )
Operating income 495 259 318
Total non-operating income (expense),
non-controlling interest, foreign
exchange gain (loss) and income tax
(66 )
(333 ) (338 )
Net income (loss) $ 429 $ (74 ) $ (20 )
EBITDAR (3) $ 1,375 $ 1,214 $ 1,157
EBITDAR excluding special charges (3) $ 1,375 $ 1,336 $ 1,157
Earning (loss) per share
- Basic $ 4.29 $ (0.83 ) $ (0.25 )
- Diluted $ 4.27 $ (0.83 ) $ (0.25 )
Cash, cash equivalents and short-term investments $ 1,239 $ 2,245 $ 1,336
Total assets $ 11,922 $ 11,749 $ 10,262
Total long-term liabilities (4) $ 4,755 $ 4,035 $ 4,147
(1) 2006 includes a special charge of $102 million in connection with Air Canada’s obligation for the redemption of pre-2002 Aeroplan miles.
(2) 2006 includes a special charge for labour restructuring of $20 million.
(3) Refer to section 19 “Non-GAAP Financial Measures” in this MD&A for a reconciliation of EBITDAR to operating income (loss).
(4) Total long-term liabilities include long-term debt (including current portion) and capital leases and other long-term liabilities.