Air France 2007 Annual Report Download - page 7

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5
2006-07
Consolidated figures
Full Year to March 31 (in millions)
2007 2006 Change
Revenues 23,073 21,448 +7.6%
Operating income 1,240 936 +32.5%
Pretax income of fully integrated companies 1,119 1,200(1) -6.8%
Net income, Group share 891 913(2) -2.4%
Net income, Group share, excl. Amadeus capital gain 891 494 +80.4%
Net earnings per share (in euros) 3.35 3.47 -3.5%
Net diluted earnings per share (in euros) 3.05 3.25 -6.1%
(1) including pretax capital gain on Amadeus of 504 million euros
(2) including net capital gain on Amadeus of 419 million euros
Breakdown of operating
income by activity
(in m)
Net income,
Group share
(in m)
Net earnings per share
amounted to 3.35 euros
at March 31, 2007.
The dividend was
increased by 60% to
48 euro cents per share.
*Excluding Amadeus
Financing of
investments
(in bn)
Investments amounted to
2.38 billion euros. They
were financed from
operating cash flow of
2.85 billion euros. At
March 31, 2007, free cash
flow amounted to 632
million euros.
Financial structure
(in bn)
The balance sheet
structure improved with
net debt of 3.59 billion
euros, down by 789 million
euros and shareholders’
equity of 8.41 billion euros.
The gearing ratio was thus
reduced to 0.43 at March
31, 2007.
494*
891
2005-06
2006-07
3.0
4.38
3.59
2006-07
Financing
Investments
•Net debt
•Gearing ratio
2006-07
March 31, 2006
March 31, 2007
2.4
0.56 •• 0.43