Cathay Pacific 2007 Annual Report Download - page 92

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Statistics
2007 2006
Consolidated profit and loss summary HK$M
Passenger services 45,129 35,155
Cargo services 16,238 14,251
Catering and other services 1,478 1,382
Turnover net of recoveries 62,845 50,788
Net operating expenses (55,106) (45,570)
Operating profit/(loss) 7,739 5,218
Net finance charges (787) (465)
Profit on sale of investments ––
Share of profits of associates 1,057 301
Profit/(loss) before tax 8,009 5,054
Taxation (799) (782)
Profit/(loss) for the year 7,210 4,272
Profit attributable to minority interests (187) (184)
Profit/(loss) attributable to Cathay Pacific shareholders 7,023 4,088
Dividends paid (2,245) (2,992)
Retained profit/(loss) for the year 4,778 1,096
Consolidated balance sheet summary HK$M
Fixed and intangible assets 70,170 65,351*
Long-term receivables and investments 13,573 12,232*
Borrowings (36,368) (31,943)
Liquid funds less bank overdrafts 21,637 15,595
Net borrowings (14,731) (16,348)
Net current liabilities (excluding liquid funds and bank overdrafts) (11,246) (9,019)*
Retirement benefit obligations (268) (170)
Deferred taxation (6,771) (6,508)*
Net assets 50,727 45,538*
Financed by:
Funds attributable to Cathay Pacific shareholders 50,549 45,386*
Minority interests 178 152
Total equity 50,727 45,538*
Per share
Shareholders’ funds HK$ 12.83 11.53*
EBITDA HK$ 3.46 2.78
Earnings/(loss) HK cents 178.3 115.9
Dividend HK cents 84.0 84.0
Ratios
Profit/(loss) margin %11.2 8.0
Return on capital employed %12.6 8.9
Dividend cover Times 2.1 1.2
Interest cover Times 9.8 11.2
Gross debt/equity ratio Times 0.72 0.70
Net debt/equity ratio Times 0.29 0.36
* Restated
Cathay Pacific Airways Limited Annual Report 2007
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