Air New Zealand 2013 Annual Report Download - page 56

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Air New Zealand Annual Financial Results 
54
    
PROFITABILITY
EBIT/Revenue % 6.7 3.5 2.5 3.7 1.7
EBITDRA/Revenue % 19.4 15.9 15.3 17.5 14.9
Return on Assets1% 5.5 2.9 2.2 3.3 1.5
Return on Equity2% 10.0 4.2 5.4 5.2 1.3
Basic Earnings Per Ordinary Share cps 16.6 6.5 7.5 7.6 2.0
Fixed Cover3times 3.9 2.6 2.4 2.4 1.7
Passenger Revenue/RPK c 13.6 13.5 13.1 12.8 13.8
LIQUIDITY
Operating Cash Flow Per Share4cps 68.4 43.1 43.0 31.1 45.8
BALANCE SHEET
Gearing (excl. net capitalised aircra operating leases)5% 10.9 21.7 14.4 (9.1) (25.3)
Gearing (incl. net capitalised aircra operating leases)6% 39.1 46.1 46.7 47.3 45.0
Debt to Equity Ratio7% 209.0 223.4 225.9 193.6 214.3
Net Tangible Assets Per Share4$ 1.58 1.48 1.33 1.41 1.47
Working Capital Ratio8% 52.1 50.3 44.8 51.2 56.4
SHAREHOLDER VALUE
Closing Share Price 30 June $ 1.49 0.86 1.12 1.07 0.90
Weighted Average Number of Ordinary Shares m 1,096 1,096 1,084 1,073 1,061
Total Number of Ordinary Shares m 1,104 1,100 1,091 1,077 1,065
Total Market Capitalisation $m 1,639 946 1,222 1,152 959
Total Shareholder Return % 72.7 (23.2) 4.7 18.9 (17.4)
1. EBIT/Total Assets
2. Net Profit Aer Tax/Total Equity
3. EBITDRA/(Rental and Lease Expenses and Net Finance Costs)
4. Per-share measures based upon Ordinary Shares
5. Net Debt (excluding capitalised operating leases)/Net Debt plus Equity
6. Net Debt (including capitalised operating leases)/Net Debt plus Equity
7. Total Liabilities/Total Equity
8. Current Assets/(Current Assets plus Current Liabilities)
Financial Ratios
Five Year Statistical Review