Air France 2013 Annual Report Download - page 14

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DESPITE A DIFFICULT ECONOMIC ENVIRONMENT,
THE GROUP’S RECOVERY IS GAINING MOMENTUM:
◆ Revenues amounted to €25.52 billion, up by 2.3% on
a constant currency basis;
◆ The operating result returned to positive territory at
€130 million (versus a loss of €336 million in 2012);
◆ The net result was impacted by non-recurring items: asset
impairments, expenses linked to the voluntary departure
plan and the reclassification of CityJet under discontinued
operations. The net loss stood at €1,827 million;
◆ Restated for non-recurring items, the net loss was
€349 million, a €347 million improvement on 2012.
IN LINE WITH THE TRANSFORM 2015
TARGETS:
◆ Net debt was reduced to €5.35 billion versus
€5.97 billion in 2012;
◆ Unit costs [2] declined by 2.0%, in line with the
target of a 0.4 cent reduction between 2011 and
2014.
[1] CityJet reclassified as a discontinued operation.
[2] Unit cost per EASK in euro cents on a constant currency,
fuel price and pension expense basis.
Figures at December 31, 2013 [1]
25.52
BILLION EUROS
OF REVENUES GENERATED
79%
BY THE PASSENGER BUSINESS,
i.e. 77.3 million passengers carried
11%
BY THE CARGO BUSINESS,
i.e. 1.3 million tons transported
5%
BY THE MAINTENANCE BUSINESS
i.e. 1,300 aircraft handled
5%
BY THE OTHER BUSINESSES
(including Servair and Transavia)
AIR FRANCE-KLM ANNUAL REPORT 2013 OUR ACHIEVEMENTS