Air Canada 2006 Annual Report Download - page 23

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The following table compares the results of the Corporation’s reportable segments for the year ended
December 31, 2006 to the year ended December 31, 2005. The amounts in the table below include inter-
segment revenues and expenses.
($ millions, except per share figures) 2006 2005 $% 2006 2005 $%
Operating revenues
Passenger $ 8,887 $ 8,197 $ 690 8 $ - $ 2 $ (2) (100)
Cargo 629 625 4 1 - - -
n/a
Other 723 687 36 5 1,381 1,021 360 35
10,239 9,509 730 8 1,381 1,023 358 35
Special charge for Aeroplan miles (102) - (102) n/a - - -
n/a
10,137 9,509 628 7 1,381 1,023 358 35
Operating expenses
Salaries, wages and benefits 1,816 1,857 (41) (2) 311 265 46 17
Aircraft fuel 2,544 2,197 347 16 285 177 108 61
Aircraft rent 314 341 (27) (8) 134 80 54 68
Airport and navigation fees 982 924 58 6 178 124 54 44
Aircraft maintenance, materials and supplies 768 693 75 11 98 68 30 44
Communications and information technology 273 294 (21) (7) 8 5 3 60
Food, beverages and supplies 322 326 (4) (1) 15 8 7 88
Depreciation, amortization and obsolescence 493 404 89 22 21 18 3 17
Commissions 237 253 (16) (6) - - -
n/a
Capacity purchase fees paid to Jazz 871 693 178 26 - - -
n/a
Special charge for labour restructuring 20 - 20 n/a - - -
n/a
Other 1,383 1,336 47 4 187 149 38 26
10,023 9,318 705 8 1,237 894 343 38
Operating income 114 191 (77) 144 129 15
Non-operating income (expense)
Interest income 82 48 34 6 1 5
Interest expense (313) (270) (43) (8) (16) 8
Interest capitalized 62 14 48 (1) - (1)
Gain (loss) on sale of and provisions on assets (6) (31) 25 - 4 (4)
Other (16) 15 (31) (1) - (1)
(191) (224) 33 (4) (11) 7
Income (loss) before the following items: (77) (33) (44) 140 118 22
Non-controlling interest (12) (13) 1 - - -
Foreign exchange gain 12 47 (35) - - -
Recovery of (provision for) income taxes 3 (21) 24 - - -
Segment income (loss) $ (74) $ (20) $ (54) $ 140 $ 118 $ 22
EBITDAR
(1)
921 936 (15) 299 227 72
EBITDAR excluding special charges
(1)
1,043
936
107
299
227
72
Change
Air Canada Services Jazz
Change
(1) See section 20 "Non-GAAP Financial Measures" in this MD&A for a reconciliation of EBITDAR to operating income
(loss) and EBITDAR excluding special charges for Aeroplan miles and labour restructuring to operating income
(loss).
23
Management's Discussion and Analysis of Results and Financial Condition