Air Canada 2008 Annual Report Download - page 52

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2008 Air Canada Annual Report
52
11. SELECTED ANNUAL INFORMATION
The following table provides selected annual consolidated information for the Corporation for the years 2006 through to
2008. 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 2008 are not directly comparable to its consolidated results for 2007, which
included consolidation of Jazz only up to May 24, 2007, and for 2006, which included full-year consolidation of Jazz.
Consolidated total 2008 2007 2006
Operating revenues $ 11,082 $ 10,599 $ 10,167
Special charge for Aeroplan miles (1) - - (102)
Operating revenues 11,082 10,599 10,065
Operating expenses (2) (11,121) (10,104) (9,806)
Operatingincome(loss)beforeundernoteditem (39) 495 259
Provision for cargo investigations (3) (125) - -
Operating income (loss) (164) 495 259
Total non-operating income (expense),
non-controlling interest, foreign
exchange gain (loss) and income tax
(861)
(66) (74)
Net income (loss) $ (1,025) $ 429 $ 185
EBITDAR (4) $ 809 $ 1,375 $ 1,214
EBITDAR excluding special charges (4) $ 934 $ 1,375 $ 1,336
Earning (loss) per share
- Basic $ (10.25) $ 4.29 $ (0.83)
- Diluted $ (10.25) $ 4.27 $ (0.83)
Cash, cash equivalents and short-term investments $ 1,005 $ 1,239 $ 2,245
Total assets $ 11,364 $ 11,820 $ 11,749
Totallong-termliabilities(5) $ 7,131 $ 6,579 $ 5,911
(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) 2008 includes a provision for cargo investigations of $125 million.
(4) Refer to section 20 “Non-GAAP Financial Measures” in this MD&A for a reconciliation of EBITDAR to operating income (loss).
(5) Total long-term liabilities include long-term debt (including current portion) and capital leases, pension and other benefit liabilities and other long-term liabilities.