Aer Lingus 2009 Annual Report Download - page 3

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Financial Highlights
For the year ended 31 December 2009
Results
2009 20081Change
Revenue €m 1,205.7 1,355.0 (11.0%)
EBITDAR2€m 57.5 103.1 (44.2%)
Operating loss before net exceptional items €m (81.0) (20.0) 305.0%
Net exceptional items €m (88.6) (140.9) (37.1%)
Operating loss after net exceptional items €m(169.6) (160.9) 5.4%
Net finance income €m 14.8 38.8 (61.9%)
Income tax credit €m 24.7 12.2 102.5%
Loss for the year €m (130.1) (109.9) 18.4%
Total equity €m 704.5 762.5 (7.6%)
Loss per share €cent (24.6) (20.7) 18.8%
Gross cash3€m 828.5 1,206.8 (31.3%)
Key financial statistics
Passenger/ancillary revenue per RPK €cent/RPK 7.4 8.0 (7.5%)
Unit cost, excluding fuel4€cent/RPK 3.85 3.80 1.3%
Unit cost, including fuel €cent/RPK 5.41 5.60 (3.4%)
EBITDAR margin % 4.8% 7.6% (2.8pt)
Operating margin % (6.7%) (1.5%) (5.2pt)
Key operating statistics5
Passengers carried ‘000 10,382 10,001 3.8%
Revenue passenger kilometres (RPK) m 15,819 16,277 (2.8%)
Available seat kilometres (ASK) m 21,228 22,370 (5.1%)
Passenger load factor % 74.5% 72.8% 1.7pt
1 2008 figures have been restated following the adoption of IFRIC 13 Customer Loyalty Programmes.
2 Earnings before employee profit share, interest, tax, depreciation, amortisation and aircraft rentals.
3 Gross cash is defined as loans and receivables, deposits and cash and cash equivalents.
4 Unit cost is based on total operating costs, excluding depreciation, amortisation, aircraft rentals,
employee profit share and fuel, divided by revenue passenger seat kilometres.
5 Key operating statistics related to scheduled passenger operations.
Contents
Chairman’s Statement 2
Chief Executive Officer’s Review 4
Operating and Financial Review 6
Board of Directors 10
Executive Management Team 12
Corporate Social
Responsibility Statement 13
Directors’ Report 26
Report of the Remuneration
Committee on Directors’
Remuneration 38
Independent Auditor’s Report 43
Financial Statements 45
Shareholder Information 90
Operating and Financial Statistics 92