Air New Zealand 2011 Annual Report Download - page 59

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FINANCIAL RATIOS
FIVE YEAR STATISTICAL REVIEW
2011 2010 2009 2008 2007
PROFITABILITY
EBIT/Revenue1% 2.5 3.7 1.7 7.7 6.8
EBITDRA/Revenue1% 15.3 17.5 14.9 20.3 21.3
Return on Assets2% 2.2 3.3 1.5 7.1 6.2
Return on Equity3% 5.4 5.2 1.3 13.8 15.9
Basic Earnings Per Ordinary Share cps 7.5 7.6 2.0 20.7 21.6
Fixed Cover5times 2.4 2.4 1.7 2.9 2.8
Passenger Revenue/RPK c 13.1 12.8 13.8 13.0 12.9
LIQUIDITY
Operating Cash Flow Per Share4cps 43.0 31.1 45.8 70.5 44.5
BALANCE SHEET
Gearing (excl. net capitalised aircraft operating leases)6% 14.4 (9.1) (25.3) (7.2) 15.5
Gearing (incl. net capitalised aircraft operating leases)7% 46.7 47.3 45.0 45.3 53.8
Debt to Equity Ratio8% 225.9 193.6 214.3 218.5 236.2
Net Tangible Assets Per Share4$ 1.33 1.41 1.47 1.45 1.28
Working Capital Ratio9% 44.8 51.2 56.4 55.3 52.3
SHAREHOLDER VALUE
Closing Share Price 30 June $ 1.12 1.07 0.90 1.09 2.64
Weighted Average Number of Ordinary Shares m 1,084 1,073 1,061 1,055 1,022
Total Number of Ordinary Shares m 1,091 1,077 1,065 1,057 1,052
Total Market Capitalisation $m 1,222 1,152 959 1,152 2,776
Total Shareholder Return % 4.7 18.9 (17.4) (58.7) 123.7
1. Excludes Unusual Items
2. EBIT/Total Assets
3. Net Proļ¬t After Tax/Total Equity
4. Per-share measures based upon Ordinary Shares
5. EBITDRA/(Rental and Lease Expenses and Net Finance Costs)
6. Net Debt (excluding capitalised operating leases)/Net Debt plus Equity
7. Net Debt (including capitalised operating leases)/Net Debt plus Equity
8. Total Liabilities/Total Equity
9. Current Assets/(Current Assets plus Current Liabilities)
AIR NEW ZEALAND ANNUAL FINANCIAL RESULTS 2011