Air France 2009 Annual Report Download - page 61

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EBITDAR*
Income/(loss) from current operations
After operating leases, depreciation, amortization and provisions, the loss
from current operations amounted to €129 million versus income of €1.4
billion at March 31, 2008. The adjusted operating margin stood at 0.4%
(-6.3 points).
A measure of management performance which corresponds to the
difference between revenues and operating expenses excluding operating
leases, depreciation, amortization and provisions. It amounted to €2.21
billion (-41.5%), or 9.2% of revenues at March 31, 2009.
* Earnings before interest, taxes, depreciation, amortization and rentals
Breakdown of income/(loss) from current operations by activity
Passenger
Maintenance
Cargo
Others
In € million
In € billion
In € billion
59
Air-France KLM - Annual report 2008-09