Cathay Pacific 1998 Annual Report Download - page 68

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66 CATHAY PACIFIC AIRWAYS LIMITED ANNUAL REPORT 1998
Glossary
Terms:
Net borrowings Gross borrowings less other liquid funds, short-term deposits and bank balances.
Gross borrowings Total borrowings (loans, lease obligations and bank overdrafts) less security
deposits, notes and zero coupon bonds.
Available tonne Capacity, measured in tonnes available for the carriage of passengers, excess
kilometres (“ATK”) baggage, cargo and mail on each sector multiplied by the sector distance.
On-time performance Departure within 15 minutes of scheduled departure time.
Ratios:
(Loss)/profit attributable to shareholders
(Loss)/earnings per share = Weighted average number of shares (by days) in issue for the year
Shareholders’ funds
Shareholders’ funds =
per share Total issued and fully paid shares at end of the year
(Loss)/profit attributable to shareholders
(Loss)/profit margin = Turnover
Net borrowings
Net debt equity ratio = Shareholders’ funds
Revenue passenger kilometres/Cargo and mail tonne kilometres
Passenger/Cargo and =
mail load factor Available seat kilometres/Available cargo and mail tonne kilometres
Passenger revenue/Cargo and mail revenue
Passenger/Cargo and =
mail yield Revenue passenger kilometres/Cargo and mail tonne kilometres
Operating costs and net finance charges of Cathay Pacific Airways
Cost per ATK = ATK of Cathay Pacific Airways